The Business Times, 29 March 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 FRIDAY, MARCH 23, 1985 60 CENTS
    12 words
  • 494 1 NATIONAL Iron and Steel Mills Ltd performed badly in 1984 and does not expect the current year to show any improvement. Group pre-tax profits for the financial year ending Dec 31, 1984, plunged by a sharp 61 per cent to only $13.3
    494 words
  • 471 1  -  By CHUANG PECK MING RECENT retrenchments have probably affected local workers less than their foreign colleagues as the latter are usually the first to go when a company trims its workforce to cut costs in the current economic slowdown. This is at least
    471 words
  • 875 1 A SHOCKED Parliament was told yesterday that Mr C V Devan Nair had resigned as the third President of Singapore, eight months before his term of office expired. A visibly moved Prime Minister Lee Kuan Yew told the House that the President one of the pioneers
    875 words
  • 608 1  -  Danger of inadequate corporate financial statements By ALVIN TAY A WARNING was made yesterday by two senior bankers that the inadequacy of corporate financial statements in Singapore and the reliance by banks on the businessman's reputation might have devastating consequences when the local economy went through hard
    608 words
  • 246 1 Reuter AP THE WEAKNESS of the US dollar and the strength of the pound sterling a dramatic turnabout in sentiment from a month ago allowed Britain's commercial banks to cut their base lending rates by half a per cent yesterday. Before
    Reuter; AP  -  246 words
  • Article, Illustration
    96 1 BARGAIN HUNTERS returned to take advantage lower share prices yesterday, helping the Singapore stock market to close an a steady note. Sigma Metal, which resumed trading yesterday, stole the limelight and closed sharply higher at $2.41, S3 cents ahave Its pre-saspensien price. The eannter helped generate Interest in
    96 words
  • 242 1 THERE was no indication yesterday of when Parliament would vote for a new President. During Mr Devan Nair's recent indisposition, Chief Justice Wee Chong Jin has been filling the role. However, when Parliament finishes its present sitting today, the position of acting President could
    242 words
  • Page 1 Advertisements
    • 101 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM i 7 COPIER FOR wJWNZhT The Sanyo SFT 852E Copier makes sure of clearer copies and trouble-free operation because of these advanced features: Microcomputer self-diagnostic system informs you of copier malfunction A unique Shuttlex System to eliminate messy paper jams Voice synthesizer gives verbal
      101 words
    • 272 1 SHARE INFORMATION DOONESBURY MONEY EXCHANGES AIR CARGO CROSSWORDS RAW MATERIALS LESS THAN a third of the apartments at Katong Park Towers have been sold since marketing began a year ago, in spite of a recent 10 per cent price cut which brought the units down to $2,582 per square metre.
      272 words
    • 12 1 Full report, Pag* 13 A tin >tock>, Ptgc Intl stocks, Pag* 10
      12 words
    • 92 1 '//////'/> MINOLTA EP3SOZ Now the one-stop home loan is a quarter less 894% Now interest rates on housing loans at Credit POSB are only BVa% pa for 1 10 years. 9% pa for 11 —25 years, the best rates in town. And you enjoy the convenience of a one-stop service
      92 words

  • HOME NEWS
    • 376 2  -  By CHUANG PECK MING IT'S BACK TO square one in the tussle between Smith-Corona and the United Workers of Electronic and Electrical Industries (UWEEI) over retrenchment terms. The union said yesterday that it was returning to its original demand and warned "in no
      376 words
    • 128 2 THE NATIONAL Museum will reopen its doors to the public in May, after a year of renovations. Although no specific date was given, the Ministry of National Development said it expects the museum to reopen in mid-May. Renovation works, carried out by the Public Works
      128 words
    • 158 2 THE RAPPORT between multinational companies in Singapore and local suppliers is not as good as that in "the developed world". Dr Lee Kum Tatt, chairman of the Singapore Institute of Standards and Research, said yesterday one reason for the lack of rapport
      158 words
    • 430 2  -  By ALVIN TAY SINGAPORE AIRLINES and Changi Airport rate among the best airlines and airports in the world, according to the latest survey conducted by the International Airline Passengers Association (lAPA). SIA ranks third behind Swissair and Lufthansa in the list of
      430 words
    • 325 2 APPLE COMPUTERS is eyeing the Ministry of Education's 11.6 million budget for the purchase of microcomputers in the 1985/1906 financial year by computer appreciation clubs. Sime Darby Systems, the regional distributor of Apple Computers, said it expected orders of about $1 million in the
      325 words
    • 206 2 THE Singapore Family Planning and Population Board, set up 19 years ago to curb population growth, will close on April 1. A statement from the Ministry of Health yesterday said that it had accepted the recommendations of the Management Services Department (MSD) of the Ministry of
      206 words
    • 226 2 A MASSIVE excercise is being conducted by the four taxi companies to have their meters programmed for the new fare structure, which is to come into effect on April 1. The 11,646 taxis in Singapore use about eight types of meters. The total cost
      226 words
    • Article, Illustration
      381 3 WAT AVERY South-east Asia (Pte) Ltd, a subsidiary of General Electric Company, has introduced a new diet kitchen scale that is supposed to tell you what is in the food you eat, that is, the amount of calories, carbohydrates, proteins and fats. The new Avery Electronic Health/Kitchen Scale,
      381 words
    • 181 3 A THREE-DAY seminar on environmental communication will be held at the Asian Mass Communication Research and Information Centre (Amic) on Monday. The seminar will review problem areas in environmental communication and discuss reports and studies involving Asean countries. It also aims to foster cooperation between development and
      181 words
    • 330 3 NTUC FAIRPRICE, the cooperative retail chain, is subletting space in two of its outlets to offer a wider range of goods and services to attract customers. So far, its Woodlands store is the only outlet subletting space. It has a camera
      330 words
    • 337 3 THE PARTICIPATION of credit card companies in the electronic-funds-transfer-at-point-of-sale system will be the next logical step in Singapore's evolution into a cashless society. The future is also likely to see more sharing and an integration of electronic banking
      337 words
    • 223 3 SINGAPORE will play host to the Fourth Asean Youth Music Workshop from April 8 to 21. The programme, jointly organised by the Ministry of Community Development and the I Centre for Musical Activities, will be attended by 20 young musicians from each member
      223 words
    • 464 3  -  Prices of apartments recently cut by 10pc By LISA LEE LESS THAN a third of the apartments at Katong Park Towers have been sold since marketing began a year ago, in spite of a recent 10 per cent price cut. Mr CY Yeng,
      464 words
    • 338 3 ALL PUBLIC contractors will come under the Construction Industry Development Board's central registry by Oct 1. By then, the CIDB's Registry of Public Sector Contractors will be the only list of government contractors eligible to tender for public projects. Contractors now registered with the Housing
      338 words
  • Page 2 Advertisements
    • 180 2 Go express to Copenhagen, Athens, Frankfurt and Rome, non-stop from Bangkok.Then onward to Zurich, Amsterdam, Paris and London. The way we fly gets you to Europe in the shortest time. It's because we take the Great Circle Express route, navigating the shortest distance possible to Europe, without any stop overs
      180 words
    • 116 2 Protect your office carpet with Permasil trip-proof plastic sheet Permasil clear plastic sheets protect carpet and increase mobility. Call Tel: *****55 (office), *****61, *****31 (factory) today. Free delivery. Sole agent Inchem Products (Pte) Ltd PETROCONSULTANTS (Geneva) Corporate Oil Strategies Country Risks Aeean in the ****** Unique in-depth risk appraisal covering
      116 words

  • Page 3 Advertisements
    • 70 3 4 .0 <3tv^ »J tf ;AK>» ie t e'> ,e A\vj CO-^d *> "A *£>• u 4e a lot e S<s!> w yVvQ^ e 0 L^ S V^„«# C ««V V .rti 00 IU. jo^ s ooS Rental from 3,600/"Park Sole Leasing Agents Jones Lang 65 Chulia #39 03/08 OCBC
      70 words
    • 275 3 IF BUSINESS BRINGS YOU 10 TffiMRUTHE MARCO POLO WILL GIVE YOU THE RECOGNITION. There's only one way to do business in Tawau, Sabah, whether you're here for a day or a week. You have to be sure that your business address has the kind of importance that is instantly recognised
      275 words

  • OVERSEAS
    • 551 4 Reagan urged to retaliate AFP JAPAN HAS come under criticism from both the White House and US Senate over trade issues, with several senators saying the two countries were now locked in a trade war. The Senate finance committee unanimously called on
      AFP  -  551 words
    • 141 4 Reuter THE Reagan Administration has pulled a Soviet diplomat back from a government-sponso-red tour in response to the killing of an American army officer by a Soviet soldier in East Germany. A senior official in Washington said yesterday that the move against the diplomat
      Reuter  -  141 words
    • 242 4 AFP A WEEKLY magazine backed by Cardinal Jaime Sin yesterday published photographs of the swank houses of 10 Philippine Armed Forces generals and asked readers to match the pictures with the officials' names. The officials, whose houses were portrayed by the weekly Veritas
      AFP  -  242 words
    • 385 4 NYT THE West German government appears to be backing away from its endorsement of the American research programme for a space-based missile defence. At a background briefing on Wednesday, a West German official made public a position paper that marked a tactical retreat
      NYT  -  385 words
    • 346 4 AP A SOVIET news agency has said that the US House of Representatives' approval of funds for more MX missiles could lead to "a higher level of military confrontation" with the Soviet Union. The news agency Novosti was commenting yesterday in reaction to
      AP  -  346 words
    • 228 4 Reuter EDGARD PISANI, the French special envoy to New Caledonia, returned to Paris yesterday with a revised formula for the future of the troubled South Pacific territory. Officials refused to divulge the contents of the new plan drawn up by Mr Pisani, who was
      Reuter  -  228 words
    • 137 4 AFP A SIKH group in New Delhi has demanded a judicial inquiry into the riots which killed more than 2,980 people, after Prime Minister Indira Gandhi was shot dead by two of her Sikh guards last year. "We are demanding an inquiry into the riots and nothing
      AFP  -  137 words
    • 837 4 ARRIVALS Operator Service number Locol time From PAA MAS SiA CAL MAS TMA MAS SWR MAS MAS RBA SIA CPA GIA SIA SIA THAI SAS SIA MAS GIA MAS SN SIA GIA GIA SIA SIA SIA THAI RJ GIA THAI SIA RBA SIA KLM CPA MAS MAS
      837 words
    • 430 5 AP CHINA yesterday confirmed the return of a naval torpedo boat and its crew from South Korea after an alleged mutiny, and said its "departments concerned" thanked Seoul for its help. In a brief foreign ministry statement, only the second comment since the
      AP  -  430 words
    • 297 5 AFP SOVIET Deputy Foreign Minister Mikhail Kapitsa is to arrive in Jakarta tomorrow for a fourday visit expected to highlight the Cambodian conflict and the Soviet Union's role in South-east Asia. Mr Kapitsa is to meet President Suharto and Foreign Minister Mochtar Kusumaatmadja.
      AFP  -  297 words
    • 547 5 Reuter CHINA yesterday announced a 3.3 per cent increase in its 1985 defence spending, maintaining expenditure on the armed forces at roughly last year's level. The figure reflected Beijing's emphasis over the past four years on giving priority to agricultural and industrial reform. Meanwhile, it
      Reuter  -  547 words
    • 227 5 AP VIETNAM has said it will soon withdraw some of its troops from Cambodia in the fourth partial withdrawal in as many years. A Vietnam News Agency report said on Wednesday the decision to carry out another troop withdrawal had been jointly decided
      AP  -  227 words
    • 125 5 AP CUSTOMS officials on Wednesday seized 39.48 kg of gold after finding the bullion in the luggage of a South Korean diplomat who had returned to Taipei from a trip to Hongkong on March 16, the Central News Agency reported yesterday. CNA identified the diplomat
      AP  -  125 words
    • 140 5 AFP MALAYSIA should reassess its oil refining capacity so as not to be caught in any refining shortage at the turn of the decade. Abdullah Salleh, the president of Petronas, said that such a review was necessary considering that Singapore's refineries are now receiving increasing
      AFP  -  140 words
  • Page 4 Advertisements
    • 233 4 Hotel mermen Singapore. l A n 'A /a %ry K ms* 4* o'fcv JM&M m j <£s a •r-s? iv* The French province of Alsace is famed for its hearty fare like full-flavoured pork sausages, magnificent goose liver pates and terrines and delicate freshwater fish. La Brasserie Meridien takes pleasure
      233 words
    • 25 4 AM F¥V\ Pan Am K l iving Fr«>m Singapore To Hong Kong Tokvo, Los Angeles. Honolulu San Franeisco \ew V»rk. For Updated Information, Call *****11
      25 words
  • Page 4 Miscellaneous
    • 51 4 Doonesbury ti m nil m m v 'AT 3-00 AM, JEFFREY CRIES OUT IU HIS SLEEP. FROM MHATJOANiE HAS TOP MB, IKNOCU THIS PROBABLY MEANS HE'S mr." "MMm I mtS *soAsmvmtHMUPUJrm THE UGHT, I TRY TO CHANGE HIS PIMERSINTOJALMW£%AV&< ROUGHVY EQUAL IN PfFF/CULTY TO TAKIN6APARTANPREAS66MBUN6 ANM-IbINA GUNNY SACK. ?s m
      51 words

  • Page 5 Advertisements
    • 307 5 Introducing The Definitive Ffersonal Credit Instrument -:v Tr" c *3 V c rasa V f fl B HI </ f7 ■> #r ©> B*f* ff v SffiinA *■> '4 i i j 'A- *> 'iV m -V mmm-m m *fy: CFw '< if a mi m r v* r m
      307 words

  • AIR CARGO
    • 632 6  -  National carrier expects to operate with 60pc loads By YAP BOH HOON SINGAPORE AIRLINES will try to build up the vastly untapped Chinese market for cargo from the modest start of operating twice-weekly flights on the Sin-gapore-Shanghai-Beijing run scheduled for this May. For
      632 words
    • 209 6 BATAM ISLAND has awarded Houston-based Behring International the only freight forwarding licence on the island. According to James Symons, Behring's Southeast Pacific regional vice-president based in Singapore, Batam will flourish as a major oilfield supply centre following the government's move to encourage oilfield support activities currently
      209 words
    • 128 6 NYT EASTERN AIRLINES will offer one-way transcontinental fares from US$B9 onwards on special pre-dawn flights beginning on April 1. The carrier plans to use seven Airbus A-300 planes to carry freight overnight for CF Airfreight, a subsidiary of Consolidated Freightways Incorporated, one of the largest
      NYT  -  128 words
    • 419 6 IT WAS boom and bust on the European freight scene last year: the overall tonnage increased, but a number of smaller freight companies were unable to handle the accompanying cash flow problem. A record 16,500 firms closed their doors in West Germany
      419 words
    • 357 6 KOREAN AIR last year carried 230,000 tonnes of cargo (up 22 per cent over 1963) and more than five million passengers (an increase of 12 per cent over the previous year). The privately-owned carrier has reported net profit of US$4.9 million
      357 words
    • 207 6 ARRIVALS Operator Flight Local time From FRIDAY TMA TL351 0830 BEY/DXB/KUL FT FT75 2355 BOS/JFK/ANC/NRT SATURDAY CAL CI333 0250 TPE CV CV796 0845 LUX/AUH KAL KE685 2140 SEL SUNDAY TMA TL355 0830 BEY/DX8/BOM/KUL FT FT73 2355 LAX/SFO/ANC/NRT OSA/TPE MONDAY NW NW903 1845 JFK/IAH/ORD/ANC/NRT JAL JL611 1820 TYO CAL
      207 words
  • Page 6 Advertisements
    • 161 6 AIR CARGO DOESN' AT THE AIR M MMW V .&b y ft f Jfe V > M-U": «4R 'V. 1 >K. From S.E. Asia, Flying Tigers can fly cargo any cargo to most major cities across the U.S. And, since most shipments need to go further than a gateway terminal,
      161 words
    • 525 6 NOTICES T A THE NSURANCE CORPORATION OF SWGAPORE UMTTED (Incorporated in tt)« Republic of Singapore) (A Subsidiary of OBS Bank) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING OF THE INSURANCE CORPORATION OF SINGAPORE LIMITED will be held at DBS Board Room, 46th storey,
      525 words

  • BANKING AND FINANCE
    • Article, Illustration
      825 7 SINGAPORE The US dollar fell sharply against most major currencies yesterday in thin and nervous late trading as sentiment for the dollar remained bearish due to concern over the health of the US banking system and the economy. The dollar dropped sharply to a late 3.1120/70 marks from
      825 words
    • 218 7 HONGKONG: The metal closed higher yesterday after rallying in late trading on a sharp sell-off of the US dollar. It finished at U*****.80/328.30 an ounce against an initial $326.70/327.30 and New York's $327.50/328.00. Trading was quiet and featureless most of the day but there was some physical «piling of
      218 words
    • 314 7 Asian market ASIAN dollar deposit rates closed steady at mixed opening levels in quiet trading yesterday. Most operators were inactive ahead of the US money supply figures and February US leading economic indicators. Periods were narrowly mixed at the start and remained unchanged subsequently with one, three and six-months closing
      314 words
    • 119 7 THE OVERNIGHT rate on the Singapore interbank money market fell by 7/8point from Wednesday to close at 4 per cent yesterday. The one-month term rate was unchanged, the two-month rate rose by 1/16-point while the threemonth rate rose by 1/8point. S$ Interbank rates at 3pm yesterday: Offer M
      119 words
    • 245 7 Interbank rates at 3pm yesterday: CwfsnciM quoted fa rata* Si •torday ci mithaonion roe* parity change Local dollars to one unit of foreign currency: US dolor ***** ***** 2 8196 -21 25 Sterling pound ***** 2 7286 7 3469 -6293 Australian dollar 1 5654 1 5687 3 4286
      245 words
    • 297 7 BA Futures EURODOLLAR futures opened lower yesterday than CME's closing. The June contract opened seven ticks lower at 89.97 and came off to 89.95. The contract settled at the opening level. D-mark futures opened sharply higher as the dollar fell sharply in the spot market. June D-mark closed 36
      BA Futures  -  297 words
    • 380 7  -  By ALVIN TAY THE LEASING Association of Singapore (LAS) plans to buy a micro-computer to maintain an equipment registry aimed at helping lessors reduce instances of multiple financing of the same piece of equipment. The registry would start off with a list of leased
      380 words
    • 160 7 NYT THE CHAIRMAN of the US Federal Reserve Board has told a House panel he would favour merging the two government agencies that insure deposits at the nation's banks and thrift institutions. I would lean in that direction, Mr Paul Volcker said on Wednesday when asked
      NYT  -  160 words
  • Page 7 Advertisements
    • 40 7 •I and be even more cost-effective? Because ear VOKO is in Singapore Call *****77 TOTAL OFFICE PLANNING TOTAL OFFICE SYSTEMS k. A VOKO Franz Vogt Office Furniture (S.E.A.) Re Ltd 7 Bishopsgate. Singapore 1024. Tel *****77. Tlx: ***** VOKO RS
      40 words

  • FEATURES
    • 510 8 THE SINGAPORE economy is currently treading upon troubled waters. Many businessmen are putting on their thinking caps to come up with ways to weather the tough economic climate. During such times, the maturity of the banking system will be severely tested. Bankers must understand
      510 words
    • 1748 8  -  An ageing industry rejuvenates itself with fresh management ideas By WILLIAM DULLFORCE FT THE HUM, if not the tick, is back in the Swiss watch industry. Having largely switched production from mechanical to electronic timepieces, it is now fighting back in earnest after being battered into
      FT; Source: Federation  -  1,748 words
    • 777 8  -  By ALAIN CASS FT CHINA looks set to emerge as a significant export force by the end of the decade offsetting its allure as a potentially vast market. A fundamental shift in economic policy since 1900 aimed at boosting growth and increasing the
      FT  -  777 words
    • 533 8 Reuter FOREIGN BANKS have started to think twice about lending in Kuwait, where sliding oil prices and shrinking markets have halved oil revenues over the past five years and recession is biting. The 53-month-old war between neighbouring Iraq and Iran, whose southernmost
      Reuter  -  533 words
  • Page 8 Advertisements
    • 158 8 living in Delightful Park West Style! Park West, a prestigious condominium project set within the idyllic greenery along Upper Ayer Rajah Road between the Gty and Jurong Industrial Estate, offers you an irresistible choice for exclusive and stylish living. Conveniently located, Park West is within five minutes' drive to top
      158 words
  • Page 8 Miscellaneous
    • 676 8 CRYPTIC PUZZLE! ACROSS 4 A letter spiteful and irrational (6) 7 Iron case unusually useful in shooting (8) 8 If a mat is crooked, she's concerned (6) 10 Inevitably incomplete show? (5) 13 What a shame it's between P and Y! (4) 14 Pertinancity is too much for her (4)
      676 words

  • SPORTS
    • 747 9  -  By WALTON MORAIS PICKING UP from where he signed off at the Rolex Masters last week, Taiwan's Chen Tze Ming settled into a three-way tie for the lead on the first day of the Singapore Open golf championship at Bukit yesterday.
      Photos by JERRY SEH  -  747 words
    • 872 9 A BALANCED fitness programme comprises progressive resistance exercises not only for the heart and lungs but for skeletal muscles as well. If a person has been sedentary for a long time, however, he should concentrate first on attaining a satisfactory level of cardio-respiratory
      872 words
    • 490 9 Reuter WALES pulled off one of its most famous World Cup victories on Wednesday night in Glasgow when it beat Scotland on its own soil for the first time for 34 years to revive its chances of
      Reuter  -  490 words
    • 373 9 Reuter GABRIELA Sabatini of Argentina, at 14 the youngest player in the field, overcame travel fatigue on Wednesday to beat Annabel Croft of Britain in the opening round of the U*****,000 Challenge Cup women's tennis tournament in Palm' Beach Gardens, Florida. Hitting strongly from both
      Reuter  -  373 words
    • 191 9 AP JOHN MCENROE, the world's top-ranked player, returned from a three-week absence from the tennis circuit to down rising West German star Boris Becker in the US$3BO,OOO Fila Trophy indoor tournament on Wednesday night in Milan. The 26-year-old American, playing his first match after three
      AP  -  191 words
  • Page 9 Miscellaneous
    • 930 9 to sm saw HIGHLIGHTS Horry's Game 9 pm, Channel 12 This riveting three-part drama was adapted from a best-selling novel of the same name written by former ITN reporter, Gerald Seymour. It tells the story of Captain Harry Brown, a British agent sent undercover to Belfast to track down an
      930 words
    • 8 9 WEIGHT TRAINING BEST FOR STRENGTH a a 55
      8 words

  • INTERNATIONAL STOCKS
    • 510 10 Reuter BAT INDUSTRIES PLC says its activities continue to show progress in a more encouraging environment as the world economy emerges from the long recession. BAT was commenting on its results for 1964 which showed a 43.5 per cent rise in
      Reuter  -  510 words
    • 303 10 Reuter TAKEOVER speculation fuelled gains in oil and energy-related stocks and helped Wall Street close higher on Wednesday on moderate volume. The Dow Jones Industrial Average rose by 5.19 points to close at 1,264.91. Gains outnumbered losses by 1,035 to 514. The
      Reuter  -  303 words
    • 125 10 MAR 27 Abatibi C$ 55 unch Hud Bay bnp Oi Inco kit Pro* Pip* 7. 50* 13* 37* mh Afcan 35* 1* Int Uli AJgomo 2IH Argoan HkJgs 3U H Bonk Moot 25H unch 2j* Bank Nova Scotia M Conodo 12* 39* unch fv\C WOOW Mohon A U -H
      125 words
    • 211 10 MAI 27 Kami Unaac Wooiworth Sta^l 5 unch INDUSTRIALS MININGS J 700 unch 1 > Abarcom 135 3 ***** 50 AE And CI 730 350 unch Bfyyoor* 25 25 +5 ANSE™*.... 2190 40 Buff ah 7^25 Bartow* 1040 20 1200 C G Smith 2100 unch 1085 +10 CNA Cum*
      211 words
    • 625 10 MAI 27 uss AJcan Alumn AJcoo Albany Lud AM Cham Cp AM Storm Afe-Chobnars Am Brands Inc Am Broadcast Am Can Co Am Cranomid Am Elac Pwr Am Exprns Am Horn# Prod Am Motor* Cp Am Nohral Gas Am Tel Tel Amax Inc Ameroda Ht» AMF Inc Amr
      625 words
    • 919 10 Amsterdam MAR 27 Fb abn 405 00 -2 185 50 1 Ahold 215 30 -0 2 109 80 1 2 AMEV 216 50 ♦3 3 Ajrrftn 75 20 +0 2 Bark 50 70 0 7 Bob 110 00 -1 Bonurrai 340 50 -4 5 Bo*ko Burt at 87
      919 words
  • Page 10 Advertisements
    • 350 10 I Gasoadc garden 4 h~zai tiSW y s 1 if* v- Fancy good food and furf? Our Local Buffet lunch is really good value at $10 tor adults $7 tor children Mon to Sat. 12m to 230pm A sumptuous International Buffet dinner is on every Fri and Sat from 7pm
      350 words
    • 135 10 London stocks, pago 14 Lounge Sip a glass of the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with versatile quartet, Body N Soul from Philippines. They'll captivate youl lUppy noarat 3pm 7pm. 23* off o« all drin Ample parking space
      135 words

  • ASIAN STOCKS
    • 340 11 HONGKONG: Share prices closed mainly steady yesterday in fairly quiet trading ahead of today's Jardine Matheson results for 1984. The Hang Seng Index closed 2.25 points higher at 1,352.90. The volume was a light HK5146.48 million against $118.10 million for the half-day trading on Wednesday. Cheung Kong held at
      340 words
    • 221 11 MAR 2S MT Uan Hwo InAis Nan Ya Ptos 12.15 27 50 20 60 -0.25 -0.3 unch A» 5««« Wus 4.32 2400 0.2 Pacihc Elact 16 60 -0 1 2420 -0 1 n 1 38 -006 Chang Hwa Bonk 51 00 unch Sharp 1680 -0 1 19 20 unch
      221 words
    • 383 11 TOKYO: Share prices firmed in very active trading yesterday on the yen's renewed strength and the impetus of Wednesday's buying, and the market average ended at a record closing high, topping 12,600 for the first time. The average gained 53.20 to close at 12,604.02, slightly off an all-time high
      383 words
    • 91 11 MANILA: Share prices closed mixed in quiet trading yesterday. The Commercial Industrial Index rose 1.88 to 132.55 while the Mining Index fell 2.36 to 691.44 and the Oils Index remained steady at 0.599. MAR 28 Pool Marsteel OnentaJ B 0 0014 unch O.Otl unch 0 050 -0 0475 Acoj#
      91 words
    • 391 11 SYDNEY: Share markets closed slightly easier yesterday as a technical correction to strong gains earlier in the week and amid prof-it-taking in the afternoon. At the close, the All Ordinaries Index was 0.3 points lower at 826.1 points, though the Gold Index rose 25.7 to 786.7. The All Industrials
      391 words
    • 164 11 BANGKOK: Stocks closed higher in quiet trading yesterday. The Book Club Index rose 0.62 point to 130.54 and gains led losses by four to one. Turnover stood at 454,153 shares worth 64.8 million baht compared to Wednesday's 482,389 shares worth 76.5 million baht. MAR 28 A ok horn Thai
      164 words
    • 68 11 MAR 28 Won Hyundai Con»t Hyundai Motor 901 565 inch -2 587 -3 KAL 650 +8 581 +6 645 5 Commercial Bk 644 472 unch +5 Koraa Oi Kor*a Sh*> 1800 342 50 -8 450 10 +3 15 •1 610 -19 542 721 ■9 Dong Ah Gold Star -4
      68 words
    • 70 11 AFP HONGKONG LAND is to build a 29,700 sq metre office block in Wanchai bordering the central district, the heart of Hongkong's business world. The 28-storey building, to be called Harcourt House, will stand on a 2,412 sq metre site which the company has
      AFP  -  70 words
    • 356 11 Reuter JARDINE MATHESON HOLDINGS LTD is expected to report a loss for 1984 after large provisions for the write down of shipping assets. Share analysts say it is likely to set provisions ranging from HKISOO million to $1 billion compared with $195
      Reuter  -  356 words
    • 255 11 FT MR YUZURU ABE, president of Nisshin Steel, has agreed to serve as a nonexecutive director of Nippon Telegraph and Telephone (NTT) when it is transformed next Monday into a nominally-private company. This constitutes a face-saving settlement in what had been a
      FT  -  255 words
  • Page 11 Advertisements
    • 567 11 M w M r /> M*,' ':'.f V" -IM-.- > --V 'J?'r I i,. ,r#V/ i j4*/~ r v: C r "K srr\»S& {-L:'#^t&.e§kS SC"^*d&rfll Selected US Prime Beef Guts. Continental and Game Specialities in a hunter's lodge setting. BUSINESSMAN'S LUNCH Monday to Friday $26.50 10% service charge 3% CESS
      567 words
    • 172 11 Thai Seafood Served I n I rue Siamese Stvle M m 4 Thinking of food. Think Thai: Spicy Tomyum Soup, Charcoal-Grilled Seafood. Royal Thai Seafood and our other detectable Thai Cuisine. Or If you're a gourmet cook, take home some fresh seafood from our mini seafood market And cook up
      172 words

  • RAW MATERIALS
    • 153 12 MALAYSIAN crude palm oil prices closed slightly lower in quiet trading yesterday on buyers' reserve and profit-taking after the recent firmness, despite Pakistan's presence in the market for RBD palm oil. April deliveries in the south and central regions fell M 57.50 and $5 respectively to $1,385 per
      153 words
    • 160 12 Yarn (In HK$ per bote of *>0 ,b > China carded yarn, cones Blue Pho«f*x 16'* 2,550 Blue Phoenix 20'* Blue Phoenix 32'* 2,700 3,300 Blue Phoenix 40'* 3,650 Carded yarn, hank 2,900 Blue Phoenix 21'* Combed yarn, cones Blue Phoenix 32'* Blue Phoenix 40's 4,500 Open-end yarn 2,400
      160 words
    • 99 12 THE KLTM price me 21 cents to M 529.41 per kg yesterday, moving Into the ITA tower range of Ms».ls to $S2.K tor the first time since N«v 14. The rise was because •f a firmer sterling against the ringglt which led to a dlscennt sf £15# per
      99 words
    • 167 12 SINGAPORE The market closed slightly higher yesterday with April One RSS buyers quoted at 174.00 cents per kg, up 0.50 cent from Wednesday. The morning session gained two cents on speculative buying and shortcovering interest in moderate trading. Prices eased in afternoon trading but still finished higher on balance.
      167 words
    • 334 12 RAS prices in S cents/kg, FOB in b otes NOON CLOSI kytn Sflkn Buyers Sellers Int 1 RSS Prompt 175 00 176 00N 174 00 175 00N Int 1 RSS Apr 85 175 50 ***** 174 00 175 00 Int 1 RSS May 85 181 50 182
      334 words
    • 98 12 (cwiti/kg, 1-tc m pollen) APRIL 85 MAY 85 (currant month) (forword month) NOON NOON RAS Buyers S||m Buyers SSR 20 178.00 180.00N 179 00 181 00N SSR 50 175 00 177.00N 177 00 179.00N MRELB Bvyn S|||f| SMR CV ***** 226 00 226 00 228 00N SMR
      98 words
    • 150 12 Chinese Produce Exchange (Sellen' noon closing prices on Mar 28 SJ/100 kg) Coconut oil Bufc FOB CHd drum FOB New drum FOB 155.00 168 00 172 00 Copra Mixed (loose) 85 buyers Pepper Muntok White FOB NLW Sarawak White FOB foq NLW Sarawak special black FOB NLW Sarawak
      150 words
    • 282 12 Singapore (SJ/Uo, ex-fodown) Fragrant new crop 1st 086 2rv if 0.65 3rc 1 060 New Crop 25% no stock 10% no stock Thai Broken A-super 0.58 Sp< Tli 55 a 10 15 tcial tai Rice lina Rice 055 no stock 087 no stock 25 35 no stock no stock
      282 words
    • 104 12 THE NEARBY May wheat contract on the Chicago Board of Trade closed 2 Vt US cents a bushel higher on Wednesday, while new crop months weakened by as much as one cent. Nearby May continued to firm on the tight stocks situation and a steady stream of recent soft
      104 words
    • 98 12 SOYBEAN futures on the Chicago Board of Trade closed V 4 to four US cents a bushel higher in fairly slow trade on Wednesday. Strength in foreign currencies lent to the firm tone, although the price advance did not match the strong showing by currencies, which could mean traders
      98 words
  • Page 12 Advertisements
    • 1756 12 NANYANG HNANCE LIMITED AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 30TH SEPTEMBER, 1984 FIXED ASSETS SUBSKMARY COMPANY unquoted shares at cost ASSOCIATED COMPANY OTHER INVESTMENTS DEVELOPMENT PROPERTIES, at cost LOAN AND MRE PURCHASE DEBTORS DUE AFTER 12 MONTHS GOOOWILL ON CONSOLIDATION CURRENT ASSETS Statutory deposit with the Monetary Authority
      1,756 words

  • SHARE INFORMATION
    • 4204 13 SIGMA METAL yesterday replaced Cycle Carriage as the star performer at the Singapore stock market which generally closed firmer. Sigma, the top gainer, rose 33 cents to $2.40, with more than 1.1 million shares changing hands. The counter, whose suspension was lifted yesterday,
      4,204 words
    • 269 13 SINGAPORE Rises Indices Metol Von Der Hont C C L*O«£ Hvot DBS S P H M Bonking Amcoi 25« UOL o c c N S T T Horbou' FAN 240 232 394 168 670 620 615 600 245 214 930 715 605 525 33 17 16 13
      269 words
    • 2940 13 BID and offer prices officially N listed and business In and re- (j ported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. All N Time Settlement Contracts are quoted
      2,940 words
  • Page 13 Advertisements
    • 48 13 Business done on the KLSE See pege 14 Practical down-to-earth well-written and witty THE ANDROGYNOUS MANAGER helps to counteract the excesses of male and temale sexism, and points the way to more productive management greatly improved job performance and |j better interpersonal relationships Available only at good bookshops
      48 words

  • COMPANY NEWS
    • 492 14 Reuter SUN HUNG KAI Co Ltd will reorganise its board following the recent sale of two major assets and withdrawal of major shareholder Compagnie Financiere de Paribas. President William Arthur said his company now sees its future in merchant banking and increased China trade. It will
      Reuter  -  492 words
    • 388 14 THE MALAYSIAN Finance Minister has been given more powers under an amendment to the Companies Act, 1965 which was tabled in Parliament on Monday. The amendment to Section 179 of the. Act, for example, empowers the minister to appoint a panel on takeovers and mergers
      388 words
    • 92 14 HONGKONG Hong Seng Index Thursday 1352.90 Wednesday 1350.65 Week ago 1347.73 TOKYO Tokyo Dow Jones Australian Industrials Thursday 1187.1 Wednesday 1186.4 Week ago 1168.1 NEW YORK Dow Jones Wednesday 1264.91 Tuesday Week ago 1265.24 Thursday *****.02 Wednesday *****.82 Week ago Closed Standard Poors Wednesday J 79.55 Tuesday !Z2'a!
      92 words
    • 210 14 Managers' prices for March 29 MARA-Bumiputra First B'putro 5.65 5.70 Second B putro 485 4.W Singapore Unit Trust The Commerce 2.18 2.31 Third B'putro Fourth B'putro Fifth B'putro Sixth B putro Seventh B'putro (A) Seventh B'putro (B) Eighth B'putro (B) Ninth B'putro Tenth B'putro Eleventh B'putro 4.17 4.22
      210 words
    • 593 14 EQUITY prices in London yesterday opened mixed with a lower bias in moderate trading, with attention centred on companies reporting results. At 1000 GMT, the FT-SE 100 share index was down 2.2 points at 1,285.8 while the FT 30 was down 0.7 point at 978.6. P&O was unchanged
      593 words
    • 167 14 Reuter BTR PLC said its recommended final offer for Dunlop Holdings PLC had been accepted by holders of 79.8 million Dunlop ordinary shares, or 55.5 per cent of the total, and 8.9 million Dunlop preference shares, or 60.6 per cent. BTR said it already
      Reuter  -  167 words
    • 433 14 IT WAS ANOTHER quiet session at the Kuala Lumpur stock market yesterday, with share prices closing on a mixed note. As investors continued to stay on the sidelines, price movements were generally small. On the whole, situational issues continued to dominate activity, although at
      433 words
    • 1942 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets in lota of 1,000 units unless otherwise specified. VOUSTMALS A|inomoto (3.705) A ChoT (2 406 2.425) (1) 2.44
      1,942 words
    • 391 14 THE PROTRACTED dispute between Paper Products (M) Bhd (PPM) and businessman Mr Koo Siew Koon over the alleged sale of shares in PPM's Singa-pore-based subsidiary, United Pulp Paper (UPP) is now to revert to the High Court. In a Supreme Court ruling, PPM
      391 words
    • LATEST RESULTS
      • 35 15 Pre-tax profits for the year ended Dec 31, 1984 rose to $635,000 (from $361,000) on turnover of $24.23 million ($23.51 million). Directors have decided not to recommend a dividend (1983, nil).
        35 words
      • 62 15 Group pre-tax profits for the year ended Dec 31 almost doubled to M 530.6 million (from $16.4 million) on a smaller increase in turnover to $120 million ($83.9 million). Directors have recommended the payment of a higher final dividend of 15 per cent gross (1983, 10 per
        62 words
      • 39 15 For the six months to Dec 31, 1984, the group incurred a pre-tax loss of M$2 million against profits of $667,852 previously on lower turnover of $18.5 million ($24.7 million). No interim dividend has been declared.
        39 words
      • 60 15 Pre-tax profits for the year ended last Dec 31 were lower at M$495,000 ($620,000) on turnover of $1.63 million ($1.82 million). Earnings per share came down to 25 cents from 35 cents previously. A final dividend of 19 cents gross per share will be paid
        60 words
      • 59 15 During the year ended Dec 31, 1984, pre-tax earnings rose sharply to M 53.6 million ($1.9 million) in spite of a 36 per cent drop in turnover to $1.8 million ($2.7 million). A final dividend of 56 cents gross per share is payable on May
        59 words
    • 105 15 TELECOMMUNICATIONS Authority of Singapore has raised its stake in Singapore Press Holdings Ltd to 7.86 per cent (or 19.13 million shares) following the purchase of an additional 4.98 million shares for a total consideration of $31.14 million. The stake is being registered in the name of OverseaChinese Bank
      105 words
    • 657 15 «[KB i HOCK LOCK SIEW A NEW BALL GAME is emerging at o] Cycle Carriage Ltd. With the departure of the Malay- v an United Industries group, the stage n seems set for a possible outright bid ji by other interested parties for con- trol of
      HOCK LOCK SIEW  -  657 words
    • 367 15 HARD ON THE HEELS of the purchase of agricultural land in Selangor comes another acquisition by Sateras Resources (Malaysia) Bhd. But this time the acquisition is coupled with a rights issue. Sateras, formerly known as Synthetic Resins (Malaysia) Bhd, is buying 80 per cent of Sarawak Pulp
      367 words
    • 416 15  -  By CHAN Ol CHEE IN A MOVE that marks its entry into a non-traditional business, Ambassador Hotel Ltd is spending $1-1 million to acquire a 51 per cent interest in an oilfield services company. The enterprise, Botco-Parkham incorporated in Hongkong with a fully-paid issued capital of HK$4OO,OOO,
      416 words
    • 400 15 SINGAPORE BUS Service (1978) Ltd is putting on the road this year the remaining 290 of the 400 new double-decker buses it acquired in 1983 in the hope of capturing more commuters when taxi fares go up on Monday. The premier
      400 words
  • Page 14 Advertisements
    • 155 14 |+&(':!{^;{_$%}})`/\['<[:__&`+& "1984 was an outstanding year for the Groiw-not only i* l terms of financial Success. It saw great growth in awareness, across the world, of our name and capability, and it witnessed major developments in both product range and geographical spread.W Copies of the Annual Report will beposted to
      155 words
    • 69 14 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 31st March, 1987 of: HANIL BANK (Head Office, Korea) 130, 2GA, Namdaemun-Ro, Jung-Gu, Seoul, Korea. We hereby certify that the rate of interest payable on the above mentioned Certificates of Deposit for the Interest Period beginning
      69 words

  • Page 15 Advertisements
    • 769 15 theToronto-Dominion bank (Incorporated in Canada with Limited Liability) Head Office- Toronto-Dominion Centre, RO. Box 1, Toronto, Ontarift MSK IA2, Canada Singapore Branch ACU: 65, Chulia Street #24-01, OCBC Centre, Singapore 0104. Statement of Accounts for the year ended October 31, 1984 Note: All figures quoted in Canadian dollars (thousands) Consolidated
      769 words

  • YESTERDAY IN PARLIAMENT
    • 476 16 THERE WERE many suggestions. But few were practical. That, in a nutshell, was the Communications and Information Minister's reply to scores of ideas on how to solve Singapore's traffic woes. Dr Yeo Ning Hong repeated his call for more practical suggestions. But he
      476 words
    • 228 16 Mr J B Jeyaretnam had his motives examined by Health Minister Dr Tony Tan in Parliament yesterday. The diagnosis: The MP for Anson had implicated innocent people in his attempt to discredit the government over a private pharmacy at a government
      228 words
    • 330 16 THE GOVERNMENT should keep some of its companies or retain some shares for strategic interests rather than divesting all its shares. Mr Bernard Chen, MP for Clementi, said the Ministry of Trade and Industry should consider whether it was necessary to
      330 words
    • 302 16 THE MINISTER for Labour has made it clear that the government would stick to its strict immigration and citizenship rules to prevent Singapore's limited resources from being overburdened. Mr S Jayakumar said that nearly 274,000 foreign workers, who were
      302 words
    • 404 16 MINISTER of State for Trade and Industry, Brigadier-General Lee Hsien Loong, said Singapore was not "under producing" graduates, and he promptly gave statistics to back his arguments. He was replying to a question by Member of Parliament for Whampoa, Dr Augustine Tan,
      404 words
  • 233 16 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday warned Umno and Muslims in the country against abusing their power. He emphasised that Malaysia was a multi-racial country and there was a constant need to maintain harmony among the different races. The premier said
    233 words
  • 403 16 TAX SPECIALIST George Liesenberg yesterday urged developing Asia-Pa-cific nations to renegotiate new tax treaties to reflect the reversal of investment flows between the developing and developed world. He said: "In the past, the flow of investment has been largely from the developed countries to the
    403 words
  • 226 16 CITICORP has issued a US$lOO million two-year note in the Asian dollar market through its Australian merchant bank, Citicorp Capital Markets Australia Limited (CCMAL). This issue, with 13 underwriters and managers, is being lead managed by Citicorp International (Singapore). Mr Jerome Rowley, managing director of
    226 words
  • 458 16  -  By BRIAN GOMEZ PROTECTIONISM in Europe and Japan will create a severe international glut in the supply of petroleum products with the present crude oil oversupply likely to persist for at least five years. While this represents grim news for Singapore's refiners, the
    458 words
  • 205 16 MALAYSIA'S national oil company, Petronas, is processing 75,000 b/d of crude at four Singapore refineries in spite of spare capacity at the domestic Esso and Shell refineries. Petronas president Tan Sri Abdullah Salleh told the 13th journalists workshop organised by Opec and Petronas it was
    205 words
  • 63 16 Reuter WALL STREET stocks were higher in the first few minutes of trading yesterday. Analysts expected shares to show an increase in the first few hours of the session in continuation of Wednesday's gain.* The Dow Jones industrial average was up by more than a point to
    Reuter  -  63 words
  • LATE FILE
    • 56 16 Reuter NV PHILIPS Gloeilampenfabrieken will cut its European workforce by 10,000 to 202,000, primarily in two of its weaker sectors, as part of long-term restructuring plans. A Philips spokesman said yesterday that it is not yet known when the jobs will be shed, or how
      Reuter  -  56 words
    • 47 16 Bernama AGRICULTURAL land of less than 0.4 hectare in Malaysia cannot be transacted under an amendment to section 205 of the National Land Code which came into force on Monday, said Land and Regional Development Minister Datuk Seri Mohamad Adib Adam yesterday.
      Bernama  -  47 words
    • 35 16 Reuter JAPAN will restrict car exports to the US to 2.3 million in the financial year beginning April 1, said the Ministry of International Trade and Industry yesterday.
      Reuter  -  35 words
    • 52 16 Reuter A FORMER director of De-ak-Perera (Far East), a failed Hongkong money changing concern, was released on bail yesterday after appearing in court on charges erf criminal financial activities. Court officials in the colony said Anthony Pong was charged with operating an unlicenced deposit taking
      Reuter  -  52 words
    • 39 16 UPI THE 1.8 million-member Trade Union Congress of the Philippines has decided against inviting President Ferdinand Marcos to its Labour Day celebrations, breaking a 10-year tradition, over his failure to protect workers' rights. UPI
      UPI  -  39 words
    • 54 16 AFP THE Indian government may nationalise the US Union Carbide plant in Bhopal where a poison gas leak last December killed more than 2,500 people. Federal Chemical and Fertiliser Minister Veerendra Patil said yesterday that the demand for the nationalisation was made by the
      AFP  -  54 words
    • 49 16 Reuter RESCUE TEAMS were searching for 77 missing people yesterday, 28 hours after a gust of wind overturned a ferry in China's southern province of Guangdong. The province's newspapers said 150 passengers, including four Hongkong residents, had been found alive and were being looked after.
      Reuter  -  49 words
  • Page 16 Advertisements
    • 320 16 Britannia offers you a world of investment opportunities v The Chartered Bank Building, 6 Battery Road, #14-08, Singapore 0104. Telephone: *****86. HARTFORD STEAM" BOILER Established in 1866 in USA and the largest ASME Code Authorised Inspection Agency in the world presents SECTION IX WELDING QUALIFICATIONS SEMINAR Hartford Steam Boiler offers
      320 words
    • 89 16 8m Page 4- your cashflow 8 eh NOW a> w 2 o with funds due only in 120 days' ti S ;r- js Come to Singapore Finance and you don't have to wait 30,60,90 days or more for customers to pay you. With FACTORING from Singapore Finance, you turn your
      89 words
  • Page 16 Miscellaneous
    • 57 16 wmm Outlook for today: Showers in several areos in the late morning and afternoon. Report for 24 hours prior to 7 30pm on March 28 at the airport: Maximum temperature 31.2 Associated humidity 76 Minimum temperature 24.8 Associated humidity 98 Hours of sunshine 3.00 Rainfall in millimetres Troce Rainfall this
      57 words

  • SHIPPING TIMES
    • 182 17 THE Korea Maritime and Port Aministration will be making far reaching revisions to the current waiver system for foreign flag vessels. The highlight of the revisions is that a waiver will be granted valid for a certain period to any applicant which has shipped 50
      182 words
    • 43 17 SHIPPING Times is celebrating its 7th anniversary today. More than 200 members of the shipping community is joining the paper to celeberate the occasion at the Mandarin Hotel this evening. Sklpplag Times has grown from a four-page paper to 10 pages.
      43 words
    • 510 17  -  By LINDA CHEE THE biggest tenant in the Port of Singapore Authority's Multi-Storey Complex (MSC) n is moving out this Sunday. Container Freight Station (CFS) made a promising start at MSC II only in August last year. As a pri-vately-run freight station, it
      510 words
    • 849 17 Stripping Urn* Pa if* Col Afeo VI 3 Ahrenkiel Liner V 4 AC Toepfer X 5 Andeka Shpg v» 1 Antoh Orient Line X 1 ANIL 1 1 APC Line V 4 APL HI 4 Arrow Lines X 4 ASCL ID 1 A mo broker V 5
      849 words
    • PORT SIDES
      • 126 17 NEDLLOYD will add another four multi-purpose vessels to its fleet. The Dutch company purchased the 20,964 dwt sister-ships from Maersk Line at an undisclosed price. Nedlloyd says that these ships are bought because they fit perfectly into a number of existing services which are not fully containerised.
        126 words
      • 76 17 THE net losses of India's two public sector shipping firms, Shipping Corp of India (SCI) and Mogul Line Ltd (MLL), will total 427.3 million rupees in 1984/85, ending March, from 727.1 million last year, ZR Ansari, Minister of State for Shipping, said. Ansari told parliament SCl's
        76 words
      • 30 17 Reuter MEMBER lines of the Far East/somalia Freight Agreement said they will reduce their bunker surcharge to 30.5 per cent from 31.8 per cent, effective April 1. Reuter
        Reuter  -  30 words
    • 188 18 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd
      188 words
    • 404 18 UPI A LEBANESE businessman convicted in an international scheme involving the theft of a US$56 million oil cargo and the sinking of a tanker, the Salem faces up to 86 years in prison when he is sentenced
      UPI  -  404 words
    • 573 18 Reuter CONDITIONS in the shipbuilding market are extremely difficult and the market has remained depressed over the last six months, British Shipbuilders director of business development Dr Martin Stopford said. Dr Stopford told a meeting of the International Maritime Industries Forum (IMIF) in London that South
      Reuter  -  573 words
    • 69 18 Sea trade Week THE HONGKONG Trade Development j Council has taken over the funding of the Hongkong Shippers' Council fromj the government. The move is expected to give the shippers council, which has stood by powerlessly as the major lines serving the US imposed hefty rate
      Sea trade Week  -  69 words
    • 157 18 THE Australian government's policies seemed aimed at turning workers into waiters for Japanese tourists and Korean investors, a union organiser complained in Sydney. Mr Pat Johnson, Amalgamated Metal Workers, was commenting on the government's refusal to provide a financial package that would have permitted a 5,000
      157 words
    • 1654 18 CHARTERING has be- t come even quieter on the freight market on I Wednesday with no fresh 1 grain fixing seen out of the US Gulf, shipbrokers J said. 1 A grain vessel was se- 1 cured from Duluth-Supe- 1 rior to Antwerp-Hamburg with first open water plus
      1,654 words
    • 190 18 Reuter CONFERENCES covering trade between Europe and India, Pakistan and Bangladesh said the currency adjustment factor (CAF) UK eastbound will be amended to minus 30 per centfrom minus 32.5 per cent, effective April 1. Taking into account the effect of the UK eastbound adjustment
      Reuter  -  190 words
    • 54 18 MORE THAN 400 companies have applied to the two eastbound trans-Pacif-ic conferences for application of the volume incentive programme. The Trans-Pacific Freight Conference of Japan/Korea (TPJK) and the Japan/Korea-Atlantic .4 Gulf Freight Conference (JKAG) introduced the incentive programme early this month. The incentive programme replaces the new
      54 words
    • 244 19 THE strong US dollar has made a substantial contribution to the record-break-ing foreign general cargo handled by the Port of New York-New Jersey in 1984. In a year-end analysis of foreign trade in the bistate port, port authority chairman Alan Sanger noted that the two ports
      244 words
    • 466 19 Lloyd's List ISRAEL'S national shipping line, Zim, has shelved a large part of its fleet expansion plans and has launched a major cost-out-ting programme to improve its financial outlook. Zim, which has suffered losses for a number of years, said recently that costs must be
      Lloyd's List  -  466 words
    • 509 19 March 2S-2I Seatec V, Asian dredging exhibition conference, Jakarta Convention Hall, Djakarta, Indonesia. March 21-28 Portec n, port management exhibition and conference, Jakarta Convention Hall, Djakarta, Indonesia. March 27-28 Offshore logistics conference, Holiday Inn, Dyce, Nr Aberdeen. April 1 Sea experience with the Alcap system, 1730 hours, Institute
      509 words
    • 307 19 P I Club manager predicts drop in insurance mutuals A PROTECTION Indemnity Club manager has predicted an overall drop in the number of shipowners' insurance mutuals if the world merchant fleet continues to shrink. Mr Andrew Barker of the West of England P I Club said with fewer ships and
      307 words
    • 3209 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      3,209 words
    • 688 25 SS3T RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location E Grand Osaka Bay B Seroja E Trust P Taft Plata Arnold Ms Takari II Prasetia Thana Bhum Wan Lie Maersk Mango Sea Fortune P Vanburen
      688 words
    • 1833 25 The leading shipping lines operating from loeal ports and their agents. A— B AFE.A African Shipping Agenc ies «S> Afro-Eurasia line Transgroup S Xhrrnklrl liner Service Kim Shpe < S Vlfred r Toeplcr Oreanus Shipping Agen c les < S i Manntex Enterprise iPKi Mpar Intrasea
      1,833 words
    • 429 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES B Perseus Benjamas Equator V Kota Banteng Kota Pusaka Kris Merubl N Baltimore Rajah Brooke Srlwijaya Stolt Venture Trans Hav B Troubadour Lin Petaling Kota Jade Equator III Toyo M No 21 Bharatendu N Cherkasov Lampung Foochow
      429 words
  • Page 17 Advertisements
    • 519 17 '}^&,/)--;>[;(+]':/){&)>@$(&|[= CONDITIONS in the shipbuilding market are extremely difficult ISRAEL'S national line, Zim, has shelved a large part of its fleet expansion plans 11l LONDON Freights II CONSORTIA II SHIPPING Schedule VIII/IX WEATHER Map VIII CONTAINER Schedules IX SHIPS In Port v X [Si lAKI>INK ANT AH Jardines w FULLY
      519 words
    • 363 17 u UASC UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shanton Way 04-02 C Manna Houia S.ngapora 0207 Tal *****94 Tel., No RS 254 CFSoMicaTPC 03 30 Tal *****31 and *****32 Tarmmal offica TPC 03-29 Tal No *****90/*****93 NATIONAL LINE OF BAHRAIN, RAQ, KUWAIT, QATAR, SAUDI ARABIA AND UNITED
      363 words
    • 1209 17 Jt *r MAERSK LINE EXPORT TO USJL EUROPE. MIDDLE EAST. WEST AFRICA ASIA TO I I* Ac IKK (il'l h ATI ANTK K AS! AN ADA. INLAND Ft UN'TS Feeder Vessels I P Kelang I Penang Sated to Part IBM MAERSK* 4-4/4 54/4 LOUS 11-11/4 12-13/4 LEGE 11-11/4 19-20/4 liltS
      1,209 words

  • Page 18 Advertisements
    • 407 18 t), !OK USA/CANADA Pacific South Waat FNdar at Tokyo Hothor ttl M/IB OAK ZULAHDU 6/5 9/5 SELMVU i/5 9/5 P MHO* 20/5 23/5 Bctshu M. 27/5 30/5 Pacific North Waat Faadar at Koba Mother VSL SEAT VC* S BftSHJ 9/5 10/5 HYUGA 15/5 16/5 TOKYO M 26 5 27/5 S
      407 words
    • 242 18 ll Supercarrier Service ""i ■ll rr r®i?T^ ICTIFS NEXT ARRIVALS BARBER PERSEUS 27/3. BAJWER PRIAM 9/4. BARBER HECTOR 17/4 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA i«'/" T-ni LIi"1 IL" BARBER (CCTOit BARBER TMFt BARBER TOBAt TMw KCeptag corfr, t. Hauston (IO). S hmcnc, Oakland Stortton «t Sar
      242 words

  • Page 19 Advertisements
    • 563 19 lit V Mansfield Container Shipping Pte Ltd Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT Pf CASUS KM pt casus run CONTAINERSHIP SERVICE FROM UK CONTINENT P Kelang S pore IReit Pwh: 30/3 31/3 |HK. KS HK. KS BU. KB. TK 15/4 17/4 IHK. KS 21/4 23/4 |HK, KS BU.KB.NG.SM.TK
      563 words
    • 927 19 NOTICE ANNOUNCEMENT The members of the Safari Service, K LINE, MITSUI-OSK, NEDLLOYD, NYK and SAFMARINE jointly announce with GOLD STAR LINE the commencement of a Ship Rationalisation Agreement effective April 1985. In terms of this Agreement which does not alter any existing marketing agency arrangement: 1. Safari Service will allocate
      927 words

  • Page 20 Advertisements
    • 419 20 u Hapag-Lloyd j j TO CONTINENT/UK On carriage to Scandinavia, Med. Carribean ft S. America Inland haulage to inland destinations in Europe Sparr PKetang Penangleiioesßiiao Genea Hburg Rdam Bhaven Antwerp AI.MUBARAKIAHI4/4 10/4 11/4 11/5 31/4 10/5 Tokyo by Tokyo by Kit mo Maru Mm Maru Hamburg Eipress Hamburg Eipress Thames
      419 words
    • 379 20 M S LINE I3»tt i- »<• I FULLY CONTAIN ERISED SERV I C E TO EUROPE VIA SUEZ 1 MtnO* ot tt»f Ace Cowortw Spore PKelanf lleHjwe Rdaro Fsto»e H 3 4 1 4> 10 4 8 4i 174 lib 4) ?4 4 4i 1 5 <29 4i CHINA COWIAIHIR
      379 words
    • 641 20 THONG SOON AGENCIES PTE. LTD. *09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88 TELEX RS ***** BOOKING: *****56 (OIRECT LINE) SINGAPORE TO PENANG KIM SOON LI ETD DESTINATION 30 Mar Penang 6 Apr Penang •EQUATOR HI •EQUATOR IV JENSON SINGAPORE TO SARAWAK II SK 7/85 In Port 29 Mar V
      641 words
    • 738 20 EVERGREEN Full Container Service I Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED./FE) EVER GUW EVE* OF! MSO ACCEPTMG CARGO 10 1) PROVDENCE NNARK SAVANNAH BOSTON PHRADELPHM NORFOLK lACKSONMUE M.MMGTON ETC 3) CRISTOBAL BALBOA PANAMA CITY CO.ON SAN MAN SANTO DOMNGO 2) ATLANTA CMCAGO DETROIT COLUMBUS ft OTHER MAJOR MOOBRCGE DCSTMATIONS KW ORLEANS
      738 words
    • 240 20 US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES PORT KELANG PENANG Loadmg tor 6 Abbas. B. Khnncn SWOSf MNHTME PTE LTD Til ******4/7 *****70 MALOSE MARITMt SON BHD Tel *****2 3 MALAYSIA TRADE TRANSPORT LTD Tel ***** ***** KYOWA LINE TO PAPUA NEW GUINEA/
      240 words

  • Page 21 Advertisements
    • 883 21 amrrinu iimivi, rnu»j, V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 EAST AFRICA/REDSEA SERVICES KOTA SALAM KOTA JAVA KOTA MUTIARA HONGKONG SINGAPORE LOADING FOR: 2-3/4 17-20/4 ADEN. HOOEIOAH, JEOOAH, AOABA. PT SUOAN. MOMBASA. DSALAAM 10-12/4 6-9/4 DJIBOUTI. HODEIDAH, AOABA 12-13/4 17-20/4 REUNION. TAMATAVE VOYAGE
      883 words
    • 716 21 BLC BEN USE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE WITH LBERTY TO CALL AT RED SEA PORTS PENANG FED VIA SINGAPORE KkJJEBSEN LINE K. NEW ZEALAND SINGAPORE PORT KEIANG K. LUMPUR PENANG BEN LINE BENOERA BENOERA BENOERA TEL *****44 TEL *****1 TEL *****5 TEL ***** S.M.S. PRIVATE LIMITED TELEX: *****
      716 words
    • 622 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE HHi.iif.K araairiraeiiriaiu EAST BOUND SOWAI ¥7EB WEST BOUND 7 STOW 9/4-13/* (DISC OUt) PK B BAD lON R DAM ADAM C STER HBURG BMEN (TWy) BAAB Ull*H VIOHB 1-13/4 14/4 4/5 5/5 7/5 HUTAT VSNB 20-21/4 2/0 0/0 10/6 15/0 NE UK ACCEPTOR BOTH CONTMCRS
      622 words
    • 566 21 BOUSTEAD SHIPPING AGENCIES 1 Patau VB5 BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore PKelanj Penanj 29/31 Mar Phashwegyawywa V 252 8/10 Apr Myomaywa VB9 20/24 Apr BANK LINE EXPRESS SEN-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG IVYBANK 19 Apr 15 May 18 May 21
      566 words

  • Page 22 Advertisements
    • 1270 22 a.K 1 TF ««V A n A VFT TTTHf KAWASAKI KISEN KAISHA.LTD. USA CANADA PACIFIC COAST (InclndlßK DESTINATIONS INLAND via IPI MICROBRIDGE MINILAND BRIDGE) FEEDER/ MOTHER VESSEL S PORE PKIG PENANG S PORE T/S PORT CHEVALER ROZE V42E BAY BRIDGE V 34 9 Apr (BU) 19 Apr MONTE RUBY V2B
      1,270 words
    • 549 22 zj ui CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading lor LOS ANGUIS SAN (RANUSCO St AMU TAi.oMA VANCOUVER BC Aiieptmg TCI ICI Contains, P Krlanjj Singapore I Angelei lARATENKI 79 30 Apr ?6«jt AUSTRALIA EXPRESS CONTAINER SERVICE Accepting fCI fCI Containers RAMOAS ?8 ?9 Mar 30 31 Mar Acceplmg
      549 words
    • 621 22 SANKO ASIA from japamcsc poats and homokowg Afent Snfapore C F Sharp i Co Pte Ltd Tel *****22 Part Ketanj UNAS Sharp Sdr Bhd TH *****4 *****9 Penanj (ANAS Sharp Sdn Bhtf let *****5 *****9 GEKRAI SURVET FOR (i) UMON TRADER wi be held «n 21 3-85 (i) GOIONG ROTOMG
      621 words
    • 543 22 INTRASEA (PTE) ITP 10 Anson Road »27 16 International Plaza Singapore 0207 Tel *****1 1 <10 Lines) O BREAKBULK SERVICE TO EUROPE/UK OCEAN NMD *****03 FORT NELSON *****05 S'poct P Ketanf Loadnt for(Apr SETE/ANT/ROTT/UI. (AVON) 20 Apr 23 Apr ROTT/ANT/UJI (AVON) AND R.M.Z.t^ p D luihi in> V S pore
      543 words

  • Page 23 Advertisements
    • 717 23 L.NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): C CONTAINER 29W K CHANCE 21** HK CONTAINER 44W... C ROZE 43V* N CRYSTAL 29W. Also accepting cargo to/from Scandinavia C CONTAINER S pore Closing Times: FCL Cargo 0500 3/4 LCL Cargo 1700 2/4 FROM EUROPE (VIA SUEZ) r C PAUL
      717 words
    • 511 23 B MCHOft BUS'N It 4 VMWI No 6 Oonjm SO.'N No 7 Donjm VO3N No 9 Dwum SO7N No I Dotum SO jN No 6 Don Am SO3N No 7 Donxr SO4N PIN II s SPOM AGJWS WPTUNI AGiNCKS PIF I ID TH ?***** 7/?*****4 (Booing *****10 ??1?0?? (Operations) ??09?»4
      511 words
    • 861 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SMNttf WAH SOON SDN BtC IST AND 2ND FLOOR NO 1 IAIAN CEMPENING PORT KLANG MALAYSIA
      861 words
    • 45 23 SIM SWEE JOO SHIPPING SDN. BHD. k EXPRESS TO BINTULU P. KeUn| Penanj Loadnj for SWEE LONG SATU Voy 73 4/4 CONTAINERISED SERVICE Voy 46 8/4 Kuchinf. Sbu. Bvttulu Mr Agents JAMBATAN MERAH SDN. BHD. P. Kelang: *****6 7 K.L. *****7 *****1 Penang ***** Va\
      45 words

  • Page 24 Advertisements
    • 806 24 lte<|i»nal ('ontniiirr Lines fISSSS] 3 Sailings Weekly Reliable Regular Punctual Berthing P.S.A Mon, Wed A Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA uflv SM mi SRLA BKK SKI BHUM SHI BHUM RAT ANA BHUM SM BHUM SKI BHUM VOY 21 15,'212* 2125/213N 324/325 2135/214N 2145/215N 31 Mar ki Pt 8 Apr 5«(»
      806 words
  • Page 24 Miscellaneous
    • 187 24 u Regional Weather i m s B t i ot m M 33 S V 2 ft S 23 ess* is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. rp' Wind direction with speed m knots Wave height One half Heche represents 5 knots LEGEND P T Temperature
      187 words

  • Page 25 Advertisements
    • 118 25 DAIICHI CHUO KISEN KAISHA. TOKYO HAI SUN HUP CO PTE LTD S«nq^potP 'fl.j u t M' y* H S H (Ml Sdn Bhd Pod use AGENCES R. LUMPUR P. KELANG PENANG P. GUDANG j. BAHARU LEOSHP SPORE *****8/*****6/*****8/*****3 *****1/4 TERMMAL 3SS3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 228(61/*****1/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE rTTMTTM
      118 words
    • 272 25 Cheng Lie Navigation Co., Ltd. comwn soma fo Bangkok/hongkong/imnm STO* BKK mc KQ KM) 504 JO/1 2/4 «/4 11/4 12/4 SOS 7/4 10/4 18/4 l»/4 20/4 GENERAL AGtNTS CONTINENTAL FEEDERS PTE. LTD., T«4: *****51 T*l«r RS ***** FEEDERS GOOI) HARVEST LINES ETA LOAOMG FOR GOLDEN A* ABU MO/END APR JED/f
      272 words
    • 480 25 LIZENA PTE LTD Tw: *****67, *****6* Tatox: R*****1 SQMCt TO EAST KMJMNTM (MDOK9A FIM) PROMPI jIMPPMC LM£ Si, koim monmt ud ana to not mow ram CT* STOK NURNGNM CMB IS* ftpri MTM. FOMTOOK. LMFMUI. OOUMA COTOROU UK. LAGOS AMD MM FKnOdK chmhu cma is* Mtr sauriw CNtEDt 2Mi tat
      480 words

  • Page 26 Advertisements
    • 394 26 r/M EAST ASIA LINE t——s—-I (Malaysian Flag) nipillT Liner Services B*tw«wi M'SIA/S'POflE/IHWA P. Keiang P. Gudang S'pore Ldg for MMH 12/4 9/4 11/4 CNttapnc NXMPQtTMM 2/4 4/4 S/4 Bombay REGULAR JAPAN/STRAITS/JAP** SOWCES LAMOR 21/3 W<*»/ L EAST ASM SHPTtIG SON. BW. fJH. M *****2/36 MFBC Kl. Tot 53SUS/*****0 CONFER SOWNS.
      394 words
    • 303 26 shipping (sir-.gapor-e) p'-ivat.d iimit-ed REGULAR LINER SERVICE EUROPE/FAR EAST LINER SERVICE WL ETA I TRDENT MARMER 2.4.15 XADOVE 24 4.85 Cart* Map tat *****U/9. *****U 10 tawi ltd #22 1M Mematimai Raw, S ETA ETD OBCH FROM 2.4.15 5.4.55 HAMBURG/ANTWERP 24.4.15 HAMBURG/ANTWERP 0207 Tetai IB ***** (TRASH) KOREA MORAN SHIPPING
      303 words
    • 624 26 C.Y. LINE (A Mtmb«r Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD FUUr CONTMMISCD StUVICt TO tUROPt (VU SUEZ) CHMA CONTAMER 2»W KOREAN CHANCE 21W Spotr PKHjnf 3/4 < 1/4) 10/4 1/4) HONGKONG CONTAMER UMI7/4 (IS/4) ORfNTAL CHEF 43W 124/4 22/4 L(Hw*t RdjmFitowt Mbuj Binn *nfw«p 22/4 23/4 »/4
      624 words
    • 779 26 COMPANA PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loatfinj toi CaHao Malar an. No and all other Penman ports with transhipment it Kobe On CPV Thfougti Bills ot Lading to hnal destination Penan* P KeUnc Sinfaporet HUOfttWTT G*U(2l/30 Mar MANOLOEVERETT 1/3 Apr «/5 *P» JOHNEVEKTT 11/12 Apr U/M Apr WJGHEVERETT
      779 words
    • 340 26 ZIM NON-CONFERENCE tOEPEHJE c*r»« to USA East A »ast NT Fill COKT MO SERWB Caast. Cantoaaa atf East 1 Apr Apr 17 Apr I 10 Mif 73 Apr M M*t life, nmy N* 79*r ZIM EILAT CONTAINER LINE Spate Uat Trmte >«• »«< fkrwm M EIAT 10 Apr 77 tor
      340 words