The Business Times, 16 April 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, APRIL It, 1985 60 CENTS
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  • 782 1  -  Survey shows an expatriate MD is paid 14pc more than the average By FOO CHOY PENG THE TYPICAL SINGAPOREAN managing director is 47 years old, has worked with his company for 14 years and has been in his present job for just over
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  • 130 1 THE BT INDEX of the average prime rate quoted by 12 major banks fell to a six-year low of 8.88 per cent today as five more banks joined the latest round of rate cuts. Bank of America, Chase Manhattan Bank, Citibank,
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  • 312 1  -  By ALVIN TAY THE National Bank of Hungary made its debut on the Asian dollar market yesterday when it signed a US$25 million floating rate certificate of deposits (FRCD) issue. This is the first time that an Eastern European bank is
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  • Article, Illustration
    92 1 THE Singapore stock market fell for the sixth consecutive session yesterday, bringing the Straits Times Industrial Index below the 8M level for the first time in almost three months. Reasons which brokers gave for the downtrend include the MCA problem, high interest rates in Malaysia and the diversion
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  • 481 1  -  By BOEY KIT YIN EXPORTS of Singapore-made garment and textile products buoyed by strong US demand hit a record high of just over $1 billion last year. This was a 10 per cent rise over domestic exports of $936 million in the
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  • 572 1  -  By SOH TIANG KENG Banking Correspondent BANKERS are not "trigger-hap-py" operators ready to put ailing companies into receivership. They under-react rather than over-react to companies in financial distress. This point was emphasised yesterday by Mr Peter Chi, deputy managing partner of an
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  • Page 1 Advertisements
    • 47 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM We have the Model to suit your office furniture a (jifi E FUWMTUPE PTE. LTD. Head Office: 1 Too Ftayoh Industrial Park *01-1387 Singapore 1231. Tel: *****42 (4 lines) Showroom: 1 Maritime Square *02-68/9, World Trade Centre Singapore 0409 Tel: *****46/7
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    • 254 1 SHARE INFORMATION DOONESBURY MONEY EXCHANGES LETTERS CROSSWORDS RAW MATERIALS THE FOOD ond beverage industry in Singapore has been urged to look at better and more attractive packaging methods to increase exports, as well as emphasise improved and modern methods of operation. Page 2 IN SPITE OF fears among many investors
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    • 0 1 &~~'(_\\.;~>;'@*&*||~~[*&<$?={@
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    • 90 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "Why did KLM win diel9B4 Passenger Service Award?" "Try them!" H... -A 1984 Air Transport World, the leading international airline magazine, has honoured KLM with its prestigious Passenger Service Award. The jury praised KLM s long tradition in customer service, and in particular the
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  • HOME NEWS
    • 331 2  -  By RICHARD SEAH BALLOONS were hovering over a petrol station in Ang Mo Kio but the "petrol spies" who spotted them being handed out to motorists yesterday were not too concerned. The coast was generally clear on the first day of the "gifts
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    • 84 2 THE MERLION CHAPTER of the Singapore Jaycees will be organising a treasure hunt on wheels to celebrate its 10th anniversary on April 28. Participants will be given clues on landmarks and roads at the start of the event to assist them in reaching their destination. The
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    • 165 2 THE Singapore Polytechnic will hold week-long courses in the basics of computer-aided drafting (CAD). Three courses, each taking up to 20 students, have been planned. The first course started on Monday. A Polytechnic official told BT that it may consider increasing the number of courses, depending
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    • 94 2 THE National Book Development Council of Singapore has elected a new Executive Committee for the year 1985/86. At its annual general meeting on March 30, Mrs Hedwig Anuar was elected chairman and Mr Pakir Maideen vicechairman. Mr R Ramachandran is the secretary and Mr Charles Cher
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    • 192 2 A SHORTAGE of teachers is partly responsible for slowing the development of the School of Accountancy at the National University of Singapore into a centre of excellence. The shortfall of 30 to 40 teachers slightly more than a third of the optimum
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    • 308 2  -  By LUCY NG COMMUTERS might get tired of buses, see the convenience of taxis and go back to using them, said NTUC chief, Mr Ong Teng Cheong, yesterday. He also said taxi drivers should give discounted taxi fares a chance to operate
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    • 174 2 THE Singapore Airport Terminal Services Workers' Union (Satswu) yesterday became the first of three house union offshoots of the Singapore Air Transport Workers' Union (Satu) to get off the ground. Eighteen members were voted into the house union's executive council, of which four were previously on
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    • 75 2 THE NEWLY-ELECTED central committee of the National Trades Union Congress is scheduled to meet tomorrow to elect its office bearers. The members, who will serve a three-year term, will choose from among themselves three deputy secretaries-general, three vice-presidents, and assistant secretaries-general. Mr Ng Pock Too,
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    • Article, Illustration
      381 2 SHARP CORPORATION has introduced a new video cassette recorder. The VC-51S employs the Double Azimuth three-head system which produces noiseless and clear still pictures. A newly-developed inductive timer guides programming by flashing T.ffD numerals that show the next step to perform, current time, programme start time and programme
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    • 331 3  -  By YAP BOH HOON A TOURISM SALES mission from the Australian island state of Tasmania is in Singapore to explore trade links and to promote its tourist attractions. The team will lay the ground- work for Tasmania's aim to achieve a 10-fold increase
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    • 301 3 BUSINESSMEN should still be able to enjoy savings from the tax reductions announced in the 1985 Budget even after the increase in transport costs. The Consumers' Association of Singapore (Case), in its reaction to the 1985 Budget, said it ex- pected
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    • 192 3 I POST OFFICE Savings Bank tellers will be donning new uniforms in the next few months. 1 Their familiar two-piece blue and yellow uniforms will be replaced by three-piece beige and blue uniforms in the second half of this year. I And, for the first time,
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    • 141 3 AN INCREASE in conjunctivitis (red eyes) has been detected. Between March 25 and April 7, there was a total of 1,540 cases reported in government outpatient clinics compared with the average weekly figure of 532. Conjunctivitis is commonly caused by a virus. The main
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    • 60 3 WITHIN the coming weeks, Acquired Immune Deficiency Syndrome (Aids) would be legislated for inclusion into the list of notifiable diseases under the Communicable Diseases Act, Dr Kwa Soon Bee, Permanent Secretary (Health) and director of Medical Services said yesterday. Once this goes through, surveys
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    • 55 3 A STRETCH of Bukit Timah Road between the entrance to the Institute of Education and Cluny Road will be temporarily closed to traffic from tomorrow at 10am to facilitate the construction of a box culvert. Motorists are advised to follow the diversion and warning signs
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    • 166 3 THE LACK OF INFORMATION and technical knowledge has been identified as the major handicap facing developing countries such as Singapore in the field of packaging. Mr Johan Selin, an official of the United Nations Conference on Trade and Development (Unctad) and General
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    • 464 3  -  Need to emphasise improved methods of operation By SHAHRIR ARIFF THE FOOD and beverage industry in Singapore must look at better and more attractive packaging methods to increase exports. It must also emphasise improved and modern methods of operation and look for bigger markets abroad.
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  • Page 2 Advertisements
    • 175 2 SHARP HAS IT All DOES IT ALL M Whatever your copying task, there is a superbly engineered Sharp copier all ready to perform it. SF-756 Basic Compact i.,.. v■ s -r SF-760 Sensor Copier SFSOS SF-461 Automatic Document Feeder A u'* Does your office demand speedy copywork? And versatile copywork,
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    • 45 2 In Singapore style and sophistication are defined by a Hotel. THE PAVILION INTER- CONTINENTAL SINGAPORE THE ADVANTAGE IS INTER CONTINENTAL 0 INTER- CONTINENTAL HOTELS One C.l Jen Ro.id Singapore 1024 Thorn- 7338WV Telex RS ***** SINIHC For reservations call your favourite airline or travel agent.
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  • Page 3 Advertisements
    • 220 3 IHEXAND HAVEft^ FROM APRIL 15, WE HAVE SIGNIFICANTLY REDUCED RATES ON INTERNATIONALTELEX AND IDD (INTERNATIONAL DIRECT DIALLING) Telex Across-the-board reduction of up to 37%. Examples: Examples Destinations IDD Call Rates (in blocks of 6 sees) New Rates Indonesia Hong Kong Full Rate 7am 9pm Reduced Rate 9pm 7am Australia Germany,
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  • OVERSEAS
    • 351 4 Aussie officials expect visit to be highly successful Reuter CHINESE Communist Party chief Hu Yaobang held a lengthy breakfast meeting with Australian Prime Minister Bob Hawke in Canberra yesterday as the two men prepared for their first round of formal talks. Australian officials said
      Reuter  -  351 words
    • 273 4 AP CHINA yesterday said that conventionally powered US warships will be eligible to visit a Chinese port informally, but questions remain to be settled about such a port call. The official Xinhua news agency said China issued the statement through its embassy in Australia,
      AP  -  273 words
    • 240 4 UPI PAKISTAN'S Finance Minister Mahboob Ul-Haq, concerned about a reversal in Pakistan's export picture, announced economic reforms along the lines of those suggested by the World Bank and the International Monetary Fund. Mr Haq, appointed by military President Mohammed Zia Ul-Haq last week, said
      UPI  -  240 words
    • 452 4 AFP AP PHILIPPINE opposition leaders said yesterday that the US government should stop giving massive military and economic aid to President Ferdinand Marcos and allow them to face his administration squarely at the polls. Speaking at a press forum in Manila, leaders of
      AFP; AP  -  452 words
    • 349 4 AP THE JUDGE in the third and final US Chinatown massacre trial must decide this week whether Wai-Chiu "Tony" Ng's jurors will be able to consider Ng's version of the crime as they decide his fate. The 28-year-old Hongkong immigrant is charged with 13 counts
      AP  -  349 words
    • 363 4 Reuter US SPACE officials yesterday considered ways of fixing a disabled satellite after deciding not to send a shuttle astronaut out to activate it. Before the crew of the shuttle Discovery went to sleep on Sunday night, they were told that it had been
      Reuter  -  363 words
    • 201 4 UPI ALBANIA'S new leader pledged to maintain the Balkan country's Stalinist policies on the eve of massive funeral ceremonies for his predecessor, Enver Hoxha, the world's longest serving communist ruler. "All our people will follow the road of Enver and will march according
      UPI  -  201 words
    • 225 4 UPI YOUNG SOVIET women are not only drinking and smoking like men, they are also fighting like ruffians and a newspaper says the desire for equality with the opposite sex may be getting a bit out of hand. The paper Komsomolskaya Pravda last week
      UPI  -  225 words
    • 177 4 AFP k. m "BRITAIN should develop a*, theology of it#* ■own, according to the Ar\£ ran Bishop of Durham# David Jenkins. But,* he said in BBS Ifedio lecture on "Suncl49 night,' it should not £e "mere echoes or reflectlpris or liberation theologspn Lltin America
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    • 781 4 ARRIVALS Operator Strvice Local From number time MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH8I1 0940 PEN RBA BU2I 1000 BWN SIA SQI03 1005 KUL CPA CX7I0 1030 HLP GIA GA960 1100 HLP SIA SQI05 1120 KUL SIA SQ201 1145 HLP THAI TG403 1155 BKK
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    • 336 5 AP SRI LANKA's Justice Minister has agreed to investigate allegations that British-trained antiterrorist commandos are systematically torturing suspected Tamil guerillas, London's Observer newspaper reported. "This is the first time I have heard these stories," Justice Minister Lalith Athulathmudali was quoted as saying.
      AP  -  336 words
    • 209 5 Reuter INDIAN Prime Minister Rajiv Gandhi yesterday invited for- eign businessmen to invest in Indian industry and agriculture, saying the country's economy was being opened up to foreign cash and technology. In a major policy speech to more than 200 foreign bankers and
      Reuter  -  209 words
    • 174 5 Reuter MALAYSIAN Acting Prime Minister, Datuk Musa Hitam, said he had put on his "thinking cap" to help solve the MCA crisis which "is back to square one". "It is a pity that the party is back to square one after
      Reuter  -  174 words
    • 97 5 UPI FORMER US president Richard Nixon said in an interview with Time magazine that doing business with Gorbachev "will be like doing business with the American robber baron of the 19th century". "Gorbachev is not going to be a fastball pitcher," he said. "He'll throw curves, knuckleballs,
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    • 657 5 Key statistics scheduled for release this week NYT IN SPITE OF fears among many investors that the American economy may be faltering, most economists remain cheery. They say that although some manufacturers will continue to suffer, the overall economy will continue to grow at a modest
      NYT  -  657 words
    • 267 5 AP THEIR STAKE could reach US$26 billion, but the managers of President Ronald Reagan's search for "Star Wars" defence technologies are facing a problem familiar to every poker player deciding how to bet. Affordability is becoming a key word
      AP  -  267 words
    • WORLD IN BRIEF
      • 69 5 PRIME MINISTER Prem Tinsulanonda yesterday confirmed that he extended the tenure of General Arthit Kam-lang-ek as Chief of Thailand's armed forces for a year. Mr Prem, who is also Defence Minister, said he would inform the Cabinet today that he had signed an order extending Gen Arthit's present
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      • 49 5 MORE than 40 per cent of people in Japan think consumer prices are going up at a higher rate than indicated by official indexes. A government survey on public feeling about prices was carried out last December by interviewing 10,000 men and women aged 20 or older.
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      • 50 5 BRITISH publisher Eddie Shah said he had accepted Hungarian Bank funding for a planned new national daily newspaper because domestic institutions, fearing trade union retaliation, declined to provide the needed cash. Last week, the Hungarian International Bank said it would lead a consortium which had raised £6.2 million.
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      • 64 5 CHINA suffered an US$B9O million trade deficit in the first quarter as imports jumped by 54.4 per cent from January to March last year. The foreign trade ministry said exports came to $5.15 billion, 2.7 per cent more than in the same period last year. Imports reached
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      • 71 5 BURMA has executed a North Korean army major sentenced to death for his role in the October 1983 bomb attack in Rangoon which killed 17 South Korean officials accompanying President Chun Doo-Hwan on a visit. Reliable sources yesterday said five senior Burmese police officers currently visiting Seoul had
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      • 91 5 Agencies TOUGH-GUY actor Clint Eastwood and comedian Eddie Murphy have outpolled President Reagan in a survey of young Americans aimed at finding out whom they consider to be a hero. The poll by Roper Organisation, commissioned by the magazine US News and World Report, asked people between
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  • Page 4 Advertisements
    • 316 4 The short-cut to a bigger slice of South East Asia's food industry ProPakAsiaBs The International Food Processing and Packaging Technology Exhibition and Conference for South East Asia m IH m mk 1100 to 1800 hrs 15-18 April 1985 From 15-18 April more than 100 companies from 19 countries will be
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    • 36 4 /W1 »¥W Pan Am K Hviny; 1 10m Singap* wv I .> 11. >m; k> >nc I ok\ o. lon A-nt;ek"v 1 lon«tin 111 Sin i r.iiu w> «N: \ru N,>t k For Updated Information, Call *****11
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  • Page 4 Miscellaneous
    • 38 4 Doonesbury m im NEPH6U, I UNPe*.smcw/waum -mats AR£l£/MN6FORTt€ RJ6HT J Sm&NTteMO*i- FT.UW- N6 I EfiQALB UJHAVsn TO YOU* Hi Vi 5 «£i£i WM BY GARRY TRUDEAU ISU&PO.MW IMONTTO fIpaDeritFCfiALLiuePRSSSU&JfVTONKXJ. lUtfS MAY OUT OF Ufe, MAN, MP I'MRBALUSOHV a
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  • Page 5 Advertisements
    • 511 5 Quiot revolution, Pago 6 "Great things are done when men and mountains meet This is not done by jostling in the street" Our sentiments entirely. Which is why at The Marco Polo Hotel, youll find the atmosphere and surroundings most conducive to the achievement of great rest, great recreation and
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  • WORLD BACKGROUND
    • 1071 6 Emphasis on less state regulation and greater role for private sector The world's largest companies are banging on India's doors, hoping to take advantage of the reforms to the country's economy introduced by Prime Minister Rajiv Gandhi but inside India, the changes are meeting
      AP  -  1,071 words
    • 739 6 The more that arsenals are cut, the more important it is to make sure there is no cheating on agreed limits. But the immediate threat of stalemate... is essentially political. NYT THE OUTLINE of a possible dramatic new Soviet-American agreement on arms control is
      NYT  -  739 words
  • Page 6 Advertisements
    • 455 6 How to identify leading business computers You could of course look at the front for the "Apricot" nlP*? name- Or look at the back for the ACT logo which means Applied Computer Techniques. But we would like to suggest a number of more interesting ways of achieving the same goal.
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  • BANKING AND FINANCE
    • Article, Illustration
      851 7 SINGAPORE The US dollar closed lower against major European currencies yesterday but firmer against the yen, after fluctuating uncertainly in light trading. The dollar closed weaker at 3.0535/50 marks compared with New York's Friday 3.0600/20 close, after trading within a range of 3.0775 and 3.0480. It closed weaker
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    • 330 7 ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Short-dates eased around 1/16-point at the start due to softer US federal funds. Rates stayed at these levels with overnight closing at 8 5 4 B'4 and week fixed at 8-11/16 8-9/16. Periods
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    • 241 7 Interbank rates at 3pm yesterday: CiwnnciM Nominal quoted ye rate* Si eterday a mttheonian roea parity change Local dollars to one unit of foreign currency US dollar ***** 2 2115 ***** -21 60 Sterling pound 2.7686 2 7732 7 3469 -6232 Australian dollar 1 4662 1 4684 3
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    • 73 7 THE OVERNIGHT rate on the Singapore interbank money market fell by 1/4point from last Friday to close at 4 per cent yesterday. The one-month term rate fell by 1/8-point while the two and three-month rates fell by 3/16-point each. S$ Interbank rates at 3pm yesterday: Offer Bid Over
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    • 319 7 BA Futures JUNE Ear*d«llar opened one tick better at 90.77 and attempted to trade higher yesterday. There was, however, lack of buying interest at higher prices as the market turned cautious because of the overbrought level. The contract finally closed 90.79 in a quiet session. New-term resistance and support is
      BA Futures  -  319 words
    • 184 7 HONGKONG: The metal closed higher in active trading yesterday mainly boosted by shortcovering. There was some buying interest noted and it ended at U*****.90/329.40 an ounce, compared with its previous close at $327.90/328.40 here on Saturday and the $327.60/328.10 finish in New York on Friday. On the local market,
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    • 379 7 Reuter DEVELOPING countries will seek the formation of a high-level task force to make new, concrete proposals designed to address the still-smouldering debt crisis. Sources say that officials of the so-called Group of 24 Countries, meeting under the
      Reuter  -  379 words
    • 60 7 THE Post Office Savings Bank is opening its Chun Tin Court Branch in Yuk Tong Avenue and its Jalan Besar Branch in Veerasamy Road today. A cash-on-line teller has been installed at each of the new branches. With the latest openings, the bank will have
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    • 219 7 Reuter JAPANESE trust banks are expected to start buying foreign bonds for their loan trust accounts for the first time in a month or two, creating a new channel for Japanese capital outflows. Pension funds of trust banks and life-insurance companies bought large parcels of
      Reuter  -  219 words
    • 144 7 Reuter TWO US West Coast banks and a savings and loan institution in Utah have been closed because of losses. The Federal Deposit Insurance Corp (FDIC) said the First State Bank of Elgin, Oregon, which had deposits of US$l5 million, was taken over
      Reuter  -  144 words
  • Page 7 Advertisements
    • 92 7 First Come. First Served BRITISH BRITISH British Airways fly daily one-stop flights to London. We are the first airline to leave Singapore at 10.10pm everyday. And the first to arrive in London by 6.20 am. So that at Heathrow, passengers on British Airways are the first from Singapore to get
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  • FEATURES
    • 469 8 MID-TERM is always a good time for a review. The newly-formed Government Economic Committee is therefore appropriate at this juncture when five of the 10 years in the last Economic plan have passed. The committee is also timely because the economy is undergoing a relatively tough
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    • 1258 8  -  Ten years on and Vietnam's catalogue of ailments is growing By CHRIS SHERWELL FT IN THE CHILLY overcast days of March, a bleak sense of drabness, discipline and deprivation overwhelms all of Hanoi's natural charm. By contrast, Ho Chi Minh City formerly Saigon lacks Hanoi's swampy humidity
      FT  -  1,258 words
    • 125 8  -  letter te the Editor Chan Ban Leong for Permanent Secretary Ministry of Trade and Industry Dear Sir, I refer to the letter from Mr Lee Ah Pin (BT, April 2, 1985). Mr Lee stated that, according to his sources in Hongkong, sugar prices there are
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  • Page 8 Advertisements
    • 74 8 Air freight is faster, our coverage is better... in BT every Friday INLADA MAN V i" 7 Where East meets West. For the very best in Japanese and Continental dining where else but the Shangri-La. SECRETARIES' WEEK Set Lunch Nadaman $21.00 Latour-$28.00* A RESTAURANT Subject to 10% service charge and
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  • Page 8 Miscellaneous
    • 7 8 BriStcW: ITS GOtrtG "fiD Be HOT ToDRY
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    • 902 8 w cm mm ((CHANNEL 5 1 2.30 PM SBC Text "Live" Sample Pages 3.00 Opening and Programme Ifighfights folowed by The Struggle (Mandarin) 4.20 The Mouse Takes a Chance 4.30 Naadaga Arangam Kaataaru (Tamil) 5.00 Jackanory Playhouse The Sleeping Princess 5.25 My Favourite Martian That Time Machine is Waking 5.50
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  • SPORTS
    • 577 9  -  j ADMIRAL'S CUP '85 By WALTON MORAIS SINGAPORE has launched its first official Admiral's Cup challenge with a hope that it will help establish the Republic as a Southeast Asian centre for yachting and other sea sports. Singapore Yachting Association deputy president Simon Loh says:
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    • 428 9 AFP MARC MADIOT and Bruno Wojtinek pulled off a double for France and the Renault team by taking first and second places on Sunday in the gruelling Paris to Roubaix Cycling Road Race classic. Last year's winner Sean Kelly had to settle
      AFP  -  428 words
    • 681 9 UPI EUGENE "Cyclone" Hart, a tall, powerful Philadelphia middleweight with a devastating left hook, waited until the bell had sounded ending the sixth round. Marvin Hagler dropped his hands and Cyclone unloaded. The punch came from the suburbs, a whistling left
      UPI  -  681 words
    • 270 9 Reuter IVAN LENDL's blistering serves and devastating forehand shots overpowered Tim Mayotte's serve-and-volley game on Sunday to earn the dour Czechoslovak the US$l5O,OOO winner's purse in the World Championship tennis finals tournament in Dallas. After being tested in the opening set, the
      Reuter  -  270 words
    • 780 9 Reuter BERNHARD LANGER of West Germany finally fulfilled the promise he has shown since turning professional at the age of 15 by charging past American Curtis Strange to win the Masters golf tournament at Augusta, Georgia, on Sunday. Langer, who had trailed Strange
      Reuter  -  780 words
  • Page 9 Advertisements
    • 129 9 NEED A DIRECT LINK TO U.S. FOOD SUPPLIERS? THEN AIMS CAN BE YOUR ANSWER! AIMS is a free service of the U.S. Department of Agriculture designed to help buyers of food and other agricultural products contact approppriate U.S. suppliers. Requests for U.S. food products will be relayed immediately for processing
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  • Page 9 Miscellaneous
    • 77 9 A GOOP PLANER KEEPS THE TARGET FlRWLV \N H\S THOUGHTS WHEN ME SWINGS THE CLUB VMHEN HITTING TO THE GREEN,,,. TRS PsNP N\/\KE CONSCIOUS EFFORT TO EXTEND THE CLUB TOWARPS THE. TARGET. FEEU AS THOUGH THE CLUBHEAP \S TOUCH\NG TUE FLAG ON THE FOLLOW THROUGH THIS \S A GOOP WAN
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    • 651 9 CRYPTIC PUZZLE ACROSS 3 Lumps chewed and eaten (5) 8 Short fibre, maybe (5) 10 A last revision for a book (5) 11 Frequently zero feet (3) 12 Tropical island with corn (5) 13 Send a fellow as deliverer (7) 15 The Englander's heart isn't one, really (5) 18 Place
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  • INTERNATIONAL COMPANY NEWS
    • 731 10 Opinion poll says members favour relaxing 29.9 pc holding rule for outsiders FT LONDON Stock Exchange (LSE) members are set to give their chairman, Sir Nicholas Goodison, enough support to carry out a major reform of the British securities market. According to an opinion
      FT  -  731 words
    • 670 10 NYT AMERICA'S Securities and Exchange Commission will step into a Wall Street crossfire today when it considers whether to permit trading in over-the-counter stock options and index options and, if so, who should trade them. The issue has pitted almost all of
      NYT  -  670 words
    • 256 10 Reuter CATERPILLAR TRACTOR CO continues to expect it could be "moderately profitable" for this year. The company reported a 1985 first-quarter loss of US$7O million or 72 cents a share compared with a loss of $109 million or $1.15 a share in the
      Reuter  -  256 words
  • Page 10 Advertisements
    • 99 10 vr? MAKK ASPIMThI) C( >Mt;iV\CK AH Kk> AVVIIAk'Y 1 )AY w THE BAR Perk your spirits with a tall, cool drink at our 'disco-lounge'. Or pit your skills against a friend's at backgammon or chess. Our Dee-jay spins the latest hits and your requests from 7pm nightly. Open Sun to
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    • 78 10 the att V™ lhe t,n S« >«"JgE-W «"S, s I HOTEL ASIA Many happy mums 37 Scons Road. Smgapore 0922 Tel *****86 feten RS ***** HOTASIA mo !S5 m. A SP? W? 5^ The 24-hour coffee house that offers you a superb menu from Western and local dishes to nightly
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    • 58 10 Time: 12 noon 2.30 pm Price: $12.00r Fashion Show: 1.15 pm Models by mori/olon Modelling Agency swim-wear by Triumph International Clothes by: Blue Ginger PRESIDENT MERLIN HOTEL SINGAPORE W 181. Kitchener Road.Smgapore 0820 >» r Tel: *****22 Daily new Businessmen's Lunch at only $12.50 Today: Rotage Rarmentier Boiled Beef Flemish
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    • 142 10 A taste of Spring at the Tiffany coffee House CHERRY BLOSSOM BUFFET Lunch (between 12 noon and 2.30 pm): 5516.00 Dinner (between 6.30 pm and 10.30 pm): SSlB.oo++ Sets try our special Sake cocktails Sake Blossom, Martini, Collins or Dragon only 557.50 each. 10 Eu Tong Sen Street ,q. mm
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    • 111 10 London stocks, Paos 15 Continuing thr Plkiu ttoteto tradtttan at Wotf> «tvfcx 270 Orchard Road Singapore 0923 Telex: RS ***** HCROWIY Cable: CROWNMOTCL. Tac: *****18. Tel: *****11 4* I 4 Brass rails, an etched I J ass dome, a relaxed. lAftln S atmosphere, and r I j\f,—great provincial French C,
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  • ASIAN STOCKS
    • 488 11 HONGKONG: The Hang Seng Index closed above the psychological barrier of 1,500 yesterday for the first time in more than four years as property stocks led the advance. The index ended 13.26 up at 1,505.44. The last time it finished above 1,500 was on Feb 26, 1981 at 1,500.19.
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    • 233 11 API 15 Al Smear* Mus Asia Cement NT 3 35 24 10 -0 15 -02 unch unch 0 3 -03 -0 25 -0 1 Lien Hwa Indus Nan Ya Plas Pacific Cons Pacific Elect Wira 12 15 27 20 1980 15 00 035 0 1 -05 Cathay Coos Chang
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    • 351 11 TOKYO: Share prices fell in mod- erate trading yesterday as an opening rally ran out of steam and late afternoon sales took the market average below 12,600 at the close. The market average dropped 35.28 to 12,552.73 after adding 14.21 last Friday and the turnover was 350 million shares
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    • 79 11 MANILA: Share prices closed mixed in quiet trading yesterday. The Mining Index firmed 2.83 to 705.13 and the Commercial Industrial Index eased 0.38 to 131.15 while the Oils Index remained steady at 0.625. APR 15 foot Morite«4 Oriental B Phitex B ***** -0 0015 0 0975 inch 0001 0
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    • 353 11 SYDNEY: Share markets closed easier yesterday with profit-taking paring the solid advances of the past two weeks. The All Ordinaries Index, which has posted record highs in the past seven trading days, closed 6.3 points lower at 857.8. The Gold Index fell 6.9 to 923.4, the All Resources Index
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    • 68 11 APR IS Won +24 20 1 •14 Hyundai Const Hyundo< Motor KAL 902 575 475 unch 5 180 600 650 7 630 Korea CM 1683 53 486 670 190 500 Lucky Ltd 612 -3 560 -5 -10 4 18 -6 12 705 520 837 32 Gold Star 634 1240
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    • 206 11 Reuter CHRYSLER and Mitsubishi have agreed to set up a joint venture to produce about 180,000 small cars a year in the United States. Mitsubishi says the joint company is looking at sites and aims to start production in the second half of 1968. According
      Reuter  -  206 words
    • 822 11 Access to China most inviting feature AFP THE FOREIGN INVESTMENT tap is opening up in Hongkong where the prospect of Chinese rule in a dozen years was once a liability but is now a market plus. The United States and Japan are leading the march
      AFP  -  822 words
  • Page 11 Advertisements
    • 593 11 —f mamm n .n^ v (ty*I wm Wi m 7e Sb* < qSO V ;f=?> ?s5t«H 'ft. Rfl \A 'V, 2. L new menu. A WUETY DELIGHTS FILL •hp^any APPETITE r* LUflfl COFFEE HOUSE 2nd Floor <§fll Apollo Singapore 405 Havetock Road Singapore 0316 Tel *****81 fitil'nefle dim of <md
      593 words
    • 121 11 Savoury Delights Await You At Ml 111 M I M m O tm(Ami aL //on# Kong Dian Xih available daring lunch! For reservations call 235 2698 or 734 6622 exl 141/144 Lurch: Ham-3pm Dinner 6pm- 11pm CMMMU. HOTEL M 19 CairnhiU Code Singapore 0922 TW 734 6622 »l ORCHARD ROAD
      121 words

  • RAW MATERIALS
    • 400 12 Bernama PLANS BY THE Malaysian Rubber Research Development Board (MRRDB) to revise the existing Standard Malaysian Rubber (SMR) scheme and to put rubber under new laboratory tests have come under fire from rubber producers. The technical committee of the Malaysian Rubber Producers
      Bernama  -  400 words
    • 174 12 SINGAPORE The market closed easier yesterday with May One RSS buyers quoted at 170.75 cents per kg, down 3.25 cents from last Friday's close. The morning market lost 1.50 cents following last Friday's lower overseas advices. Prices weakened further in the afternoon. MALAYSIA The market closed lower yesterday at
      174 words
    • 110 12 (cents/kg, |-ton P 0 MAY 85 JUNE 85 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 173 00 175 00N 175 00 177 OON SSR 50 171 00 173 OON 173 00 175 OON MRELB Buyers Sellers Buyers Sellers SMR CV 220
      110 words
    • 370 12 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 170 50 171 SON 169 00 170 OON Int 1 RSS Moy 85 172 25 ***** ***** 171 25 Int 1 RSS June 85 175 50 176 00 174
      370 words
    • 120 12 THE Kuala Lumpur Tin Market (KLTM) price rose four cents to M 529.75 per kg yesterday, still within the International Tin Agreement (ITA) lower range of $29.15 and $31M. The rise was attributed to a higher close in London last Friday and continued buying by the buffer stock
      120 words
    • 161 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,550 Blue Phoenix 20's 2,700 Blue Phoenix 32's 3,300 Blue Phoenix 40's 3,650 Carded yarn, hank Blue Phoenix 21's 2,900 Combed yorn, cones Blue Phoenix 32's 4,350 Blue Phoenix 40's 4,500 Open-end yarn 2,400
      161 words
    • 38 12 AFP WESTERN WORLD stocks of aluminium in all forms fell one per cent in February 1985 to 4,377,000 tonnes, compared with the previous month's revised total of 4,423,000 tonnes, the latest figures from IPAI show.
      AFP  -  38 words
    • 1109 12 COFFEE Sentiment in robusta futures was severely dented yesterday morning by sterling's rise against the dollar and prices fell to 11 '/2 -month lows. Contracts were £41 to £61 per tonne below last Friday's close at midday, with July down £46 at £2,082. Futures volume was 1,854 lots,
      1,109 words
    • 154 12 Chinese Produce Robusto 20/25% 477 50 Exchange FOB NSW (Sellers' noon closing prices on Nutmeg Apr 15 SV 100 kg) 1 10 FOB NSW 396 00 Coconut oil E&W FOB NSW 248 00 Bulk FOB 155 00 Gombier Old drum FOB 168 00 FOB NSW 330 00 New
      154 words
    • 221 12 Singapore (S$/kilo, ei-godown) Thai Frogrant 100% new crop Fragrant new crop i.» n OA 1st class 2nd closs 200 00 194 00 2nd 0 64 3rd class 192 00 3rd 060 100% old crop. New Crop 1st class unq 25% no stock 2nd closs unq 10% no stock Special
      221 words
    • 162 12 MALAYSIAN crude palm oil prices closed firmer on late covering and speculative buying yesterday after the early sentiment was dampened by a lower Chicago soybean complex close last week. In the April position, south and central regions rose Mslo to $1,510 per tonne while in May, south firmed
      162 words
  • Page 12 Advertisements
    • 657 12 Cold Storage Holdings R L.C. The Directors announce the audited results for the year to 31st January, 1985. The Group 1. (A) Turnover 2. Operating profit before interest, tax, minority interest and extraordinary items Interest Investment and other income 2.(A) Operating profit before tax, minority interests and extraordinary items Development
      657 words

  • SHARE INFORMATION
    • 4137 13 AFTER nibbling away at the Singapore stock market all of last week, sellers took a big bite yesterday, leaving the big board littered with double-digit losses. The Straits Times Industrial Index fell below the 800-level yesterday for the first time in
      4,137 words
    • 256 13 SINGAPORE Rises Indices CCM 438 ataatacky Sp«r« 295 Spor. h. 253 MTC7U 364 IOHmim Mais 322 Not Iraa 290 Potico MMp 111 Falls H Laoag Crodrt 500 Nwi«AM 50< 233 Apofe 120 ICS 665 tataiyh 332 G 1 HUft 50« 175 C ft C 372 M 575
      256 words
    • 2785 13 BID and offer prices officially listed and business In and reported 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 Time Settlement Contracts are quoted after the word "SETT"
      2,785 words
    • 184 13 CITY DEVELOPMENTS Limited: Twenty-Second AGM at Raffles Quay, #2600, Hong Leong Building, Singapore on Apr 22 at 11.00 am. FABER MERLIN MALAYSIA Berhad: EGM at the Melati Hall, The Merlin Subang, Jalan SS 12/1, Subang Jaya, Selangor on Apr 22 at 10.30 am. GANDA HOLDINGS Berhad: Sixteenth AGM
      184 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 722 14 Group to develop commission-based activities DBS BANK, under the chairmanship of Mr Howe Yoon Chong, is set on consolidating and strengthening its position in all areas of banking domestically. The bank Is also putting more emphasis on developing further its fee-and-commission-based activities. Mr Howe is optimistic
      722 words
    • 260 14 A HEAVY BOUT of selling pushed share prices down on all fronts at the Kuala Lumpur stock market yesterday. A large number of counters recorded heavy losses although trading was quiet as buyers kept to the sidelines and sellers dominated activity. The market opened
      260 words
    • 2554 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 lots of 1,000 units unless otherwise specified. NXJS TRIALS Ajinomoto (I) 3 40 cd A Choc (2
      2,554 words
    • 97 14 HONGKONG Thursday 120*2.8 Week ago Closed Hang Seng Index NEW YORK Monday 1505 44 Friday 1492.18 Dow Jones Week ago Closed Friday 1266.00 TOKYO Thursday 1263.69 Week ago Closed Tokyo Dow Jones Standard Poors Monday *****.73 Friday 180.54 Thursday 180.19 Week ago Closed Friday *****.01 Week ogo *****.96
      97 words
    • 236 14 Managers' prices for April 16 Second B'putro 4 78 483 Third B'putro 4 10 4 15 Fourth B'putro 452 4 57 Fifth B'putro 290 295 Singapore Unit Trust Sixth B'putro 295 300 The Commerce 2.05 The Savings Fund 1.41 S'pore Prog Fund 0 86 S pore Sec Fund
      236 words
    • 853 15 Mm mm™ By HOCIC LOCK «EW SAY WHAT you want about challenges, many would still have misgivings about shouldering the heavy responsibilities at the Keppel group. But new chairman Sim Kee Boon is taking it in his stride, describing his current stint
      853 words
    • Article, Illustration
      202 15 MEMBER of Parliament and former Environment Minister Ong Pang Boon has been appointed a director of Singapore Finance Ltd, Hong Leong Finance Ltd, City Developments Ltd and Harbour View Hotel Ltd, a subsidiary of Hong Leong Holdings, which is developing Dai-ichi Hotel. Mr Ong, who took office on
      202 words
    • 197 15 THE SHARES of Kumpulan Emas Bhd, which went public in Malaysia only last August, will be traded on the Stock Exchange of Singapore soon. The plantation and engineering group, managed by former executives of the Kuala Lum-pur-Kepong group, has applied for a secondary listing
      197 words
    • 1002 15 THE market closed higher in moderate turnover yesterday, reflecting the continued strength of sterling, which gained a net seven basis points to 79.1 in trade weighted terms, dealers said. The FTSE 100 share index at 3.30pm was up 12.9 points at 1288.7. Government bonds showed gains of up
      1,002 words
    • 742 15  -  By LORETTA McLAUGHLAN COLD STORAGE Holdings PLC has suffered a profit downturn for the second year running. But the group is maintaining the dividend payment and expects results this year to be at the same level as the last. It does
      742 words
    • 455 15  -  By NAJEEB JARHOM THE GAMBLING and property arms of the Tan Koon Swan-led Multi-Purpose Holdings group have brought good cheer to shareholders with sparkling 1984 results, capped with higher dividends. Magnum Corp Bhd, the fourdigit betting operator with finance interests, scored
      455 words
    • 607 15 RISING EXPORTS and improved productivity have combined to give British-American Tobacco Company (Singapore) Ltd a reasonable start to the current financial year. Chairman M G C Bolsover reports that export orders are higher than at the beginning of 1984. In addition, Singapore
      607 words
  • Page 14 Advertisements
    • 1010 14 ISLAND AND PENINSULAR BERHAD (INCORPORATED IN MALAYSIA) PRELIMINARY REPORT OF RESULTS FOR THE YEAR ENDED 31ST JANUARY 1985 THE DIRECTORS ARE PLEASED TO ANNOUNCE THE UNAUDITED RESULTS FOR THE YEAR ENDED 31ST JANUARY 1985. INCREASE/ (DECREASE) In the opinion of the directors, no item, transaction or event of a material
      1,010 words

  • Page 15 Advertisements
    • 333 15 NOTICES M COMPAMES ACT (CAP. 115) 00 NAN TIADMG CO. (PTE) LTD. (h Mntonr U^ridaiM) At an Extraordinary General Meeting of the members of CHIEN NAN TRADING CO. (PTE) LTD duly convened and held at 3 pm on the 15.4.85 the following special resolution was duly passed. "That the company
      333 words
    • 64 15 Chestertons 180 "Years Of Unparalleled Experience Of London Property Chestertons have been qualified advisors on London property since 1 X(If). Now. the benefit < >f their wide experience is available directlv here in Singapore. If you are interested in the purchase, letting, management or any other aspect of London property,
      64 words

  • 690 16  -  Review of directions for next decade By LOH HUI YIN A COMPREHENSIVE REVIEW of Singapore's economic directions for the next decade will be completed by the end of this year. The review, to be done by the high-level Economic Committee which was formally set
    690 words
  • 206 16 PRODUCTIVITY and modernisation are to be found in teabags, according to the Foo Chow Coffee Shop Owners Association. Thus, the jigging of teabags may become a more common sight in local traditional coffee shops as an increasing number of shop-owners are being persuaded to
    206 words
  • 514 16  -  By JAIME LYE PARKWAY PROPERTIES has come up with a list of concessions to appease disgruntled shop tenants at Parkway Parade, but these still fall short of tenants' expectations. Under the package approved by Parkway's board of directors yesterday, tenants will
    514 words
  • 258 16 A COMMITTEE, set up by opposition Member of Parliament J B Jeyaretnam, is ready to take over the "cleaning service" of public housing in Anson. The move was in response to National Development Minister Teh Cheang Wan's recent offer to the two opposition members of
    258 words
  • 591 16  -  By MONICA GWEE WHAT PRICE a good image? Among other efforts, a trip by tw6 Sogrape directors from Portugal to "feel out the problems" of the Asian market for Mateus Rose. Sogrape-Vinhos de Portugal is determined to crush parallel imports of the popular pink
    591 words
  • 579 16  - Discrimination call a positive one Teng Cheong By LUCY NG UNIONS hope to check the decline in membership by giving more exclusive benefits to their members and not by taking away rightful benefits of nonmembers. NTyC secretary-general Mr Ong Teng Cheong c.arified it was the first method, which he described
    579 words
  • 132 16 Bernama THE Bth joint conference of the Malaysia-Japan economic associations began in Tokyo yesterday with a personal pledge from Japanese Prime Minister Yasuhiro Nakasone that he will draw the attention of the Bonn economic summit to the positions of Asean countries and other developing nations.
    Bernama  -  132 words
  • 61 16 Reuter WALL STREET stock prices showed little movement in early trading yesterday, and dealers said some investors may put off commitments until getting a look at new economic figures due this week. The Dow Jones Industrial Average was up less than one point to 1265 on turnover
    Reuter  -  61 words
  • LATE FILE
    • 45 16 AP THE PHILIPPINES had a trade surplus of US$26.l million in February, the National Economic Development Authority said in Manila yesterday. Exports reached $362.7 million, against imports of $336.6 million. The country had a $20.5 million deficit in January. AP
      AP  -  45 words
    • 38 16 AP INDONESIA posted a balance of payments surplus of US$667 million in the fiscal year ended in March, exceeding the target figure of $193 million, Finance Minister Radius Prawiro said in Jakarta yesterday. AP
      AP  -  38 words
    • 80 16 Reuter BRITAIN'S Trade and Industry Minister Norman Tebbit arrived in Tokyo yesterday for a five-day visit aimed at urging Japan to open its markets more to British products. Mr Tebbit will meet Prime Minister Yasuhiro Nakasone, State Minister Toshio Komoto and business leaders for
      Reuter  -  80 words
    • 46 16 AFP THE 57th Canton trade fair opened yesterday. Each year the fair attracts nearly 20,000 businessmen from about 100 countries, and its total sales volume accounts for 20 per cent of China's annual turnover, according to the New China News Agency. AFP
      AFP  -  46 words
    • 61 16 UPI THE NICARAGUAN government, its economy crippled by a rebel insurgency, has announced a 165 per cent price rise for petrol and large increases for other petroleum products. An official said in Managua that the increases had been necessitated by the December devaluation of the
      UPI  -  61 words
    • 43 16 AFP A MEMBER of the Royal Ulster Constabulary and a civilian were shot and wounded yesterday by two gunmen as they were driving through Magherafelt, near Londonderry, the police said in Belfast. The civilian was badly hurt. AFP
      AFP  -  43 words
    • 56 16 AFP TWO DIAMOND mineworkers in Namibia (South-west Africa) were caught fleeing with uncut stones worth more than a million rand (US$500,000), the police said in Windhoek yesterday. The men were seized by security guards near Orangemund, on the Atlantic coast, on April 5 as they climbed a
      AFP  -  56 words
  • Page 16 Advertisements
    • 123 16 HERE'S HOW TO GET A COMPLETE OFFICE FOR THE PRICE OF A ROOM By complete office, we mean a prestigious address, an impressive reception area, conference room, receptionist/switchboard operator and access to modern office equipment such as word-processor, telex, facsimile, photocopying, etc. It's a modern office concept in office leasing
      123 words
    • 3 16 Leader, Page 8
      3 words
    • 206 16 FIRST EVER ASIAN-PACIFIC CONFERENCE ON CARRIAGE BY AIR A top-level Conference covering major aspects of legal claims relating to air cargoes and passengers 27 28 MAY, HILTON HOTEL, SINGAPORE 30 31 MAY, REGENT HOTEL, KUALA LUMPUR TOPICS General Principles of Air Law the Warsaw Convention Institute Air Cargo Clauses (All
      206 words
  • Page 16 Miscellaneous
    • 54 16 Outlook for today: Showers expected in severol areas in the afternoon. Report for 24 hours prior to' 7 30pm on April 15 at the airport: Maximum temperature 31.9 Associated humidity 61 Minimum temperature 23.8 Associated humidity 96 Hours of sunshine 0.90 Rainfall in millimetres Nil Rainfall this month 75.0 Rainy
      54 words

  • SHIPPING TIMES
    • PORT SIDES
      • 130 17 THE Greek government has asked the state-con-trolled Hellenic Bank of Industrial Development (ETBA) to make a full study into the possibility of buying the installations of Hellenic Shipyards of Skaramanga. Government circles said the shipyard would continue to operate throughout the period of negotiations between the company and
        130 words
      • 69 17 FORMAL opening of the new £250 million Falkland Islands airport on May 12, will seal the fate of one British passenger ship and place the future of two others in doubt. It now seems certain that the 16,907 tons gross former P&O schools cruise ship Uganda will
        69 words
    • 497 17  -  By JUNE LIM THE INDONESIAN government is expected to spell out how it would implement the sweeping reforms announced by President Suharto on April 4. The instructions, referred to by the shipping and trading community as the "administration decree", is expected to be released
      497 words
    • 326 17 Lloyd's List THE sagging market between the US and Australia has claimed a new victim the third this year. Australian National Line disclosed that it will withdraw from the route, severing its long standing joint service connection with British group Associated Container Transportation (Australia).
      Lloyd's List  -  326 words
    • 717 18 THE CENTRE for Seafarer's Rights in New York has been monitoring the situation of Filipino seafarers for some time, and has, together with the Concerned Seamen of the Philippines, sought to improve their lot. In a paper prepared for the International Christian Maritime Association
      717 words
    • 265 18 AMERICAN President Lines has started a weekly container freight station service for imports from Asia to the North American city of Indianapolis. The service, which became effective on April 8, is the first of its kind offered by an ocean carrier in Indianapolis, and
      265 words
    • 344 18 THE Port of Oakland handled a record 12.98 million revenue tons of cargo in 1984, according to preliminary figures. This is an increase of 10.8 per cent compared with the 1983 figure of 11.71 million revenue tons. Some 90 per cent of the total 1984 tonnage consisted
      344 words
    • 644 18 Ateo VI 3 Ahrenkiel Liner V 4 Andeka Shpg VI 1 ANL 1 1 APC Line V 4 APL ID 4 ASCL HI 1 Asiobroker V 5 Austasio Line V 1 Bolt-Orient VI 4/5 Bangkok Cont VI 2 Bonk Lme V 5 BBS I 4/5 Ben Line
      644 words
    • 1796 18 LIMITED ore chartering is reported on a very dull freight market on Friday with few fixtures emerging elsewhere, shipbrokers said. Iron ore from Port Hedland to Osaka paid US$6.O5 and ore was covered from Bunbury to Tacoma at $9.25. The only coal fixing to emerge was from Richards
      1,796 words
    • 217 19 Cargo News Asia THE FOUR Thai lines operating in the Thailand Japan trade are expected to embrace without opposition a proposal to standardise cargo charges for government contracts. The move, proposed in March by the communications ministry and now under the guidance of Rear Admiral
      Cargo News Asia  -  217 words
    • 286 19 UNCERTAINTY in the liner trades plus a decline in oil production are threatening to erode profits enjoyed last year by many shipping companies. Leading Dutch shipping group Nedlloyd said that although it reaped gains from improving economic conditions, "1985's results will be lower than the
      286 words
    • 86 19 BELFAST shipbuilder Harland Wolff has handed over to Blue Star Line of London the Scottish Star, 10,500 tons gross, one of four 465,000 cubic ft capacity refrigerated cargo vessels. The ship was delivered earlier than scheduled due to a special effort by the
      86 words
    • 185 19 THE MAJOR shipping consortia operating between the Far East/European, Far East Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR 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.
      185 words
    • 397 19  -  By Kingsley Wood THE As9o million development of the Timor Sea Jabiru oilfield has been placed at risk by marine engineers' manning demands for a tanker which BHP intends to use as a production unit and for oil storage. BHP Petroleum general manager
      397 words
    • 70 19 READING Bates Drilling Company is to order a harsh environment semisubmersible rig in Japan. The $76 million unit is to be built by IshikawajimaHarima Heavy industries in cooperation with Mitsui. The rig, which will be one of the biggest in the world, will have a
      70 words
    • 408 19 April 11-17 First International Nautical Safety conference, organised by the Netherlands Nautical Safety Institute in cooperation with IMO, Congresgebouw, The Hague. April 11-18 Swath ships and advanced multihulled vessels, Royal Institution of Naval Architects international symposium, Heathrow Penta Hotel, London. April 21-2 C Oil pollution control course, Institute
      408 words
    • 5547 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.
      5,547 words
    • 681 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival ♦or LCL movement Ship Voy dote/time Operator cargo schedule Location Siri Bhum Nipponica M Clementine Anson Thames M Uni Fortune E Going Jenlink Khd Romas E Trust Niaga 42 Maersk Rando Tambang VII Ratana Bhum
      681 words
    • 1812 25 The leading shipping lines operating from local ports and their agents. A-B %FEA African Shipping Agencies 'Si Mro-Enrasia Lin* Transgroup Si Akreakiel Liner Service Kim Shpg < S Alfred C Toepfer Oreanus Shipping A gen cies iSi Marintex Enterprise i PK i Alpac Intrasea <S> Bintang
      1,812 words
    • 458 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bulat K27 Sharp alongside 16.4.85/1500 Kashima M K28 S'pore Shp alongside 16.4.85/1100 Kim Soon Li K23 T Soon alongside 16.4.85/0700 Areti K33 Sealion 16.4.85/1430 20.4.85/2300 Equator V K23 T Soon 16.4.85/0700 17.4.85/0700 Kota Berlian K31 PIL 16.4.85/0900
      458 words
    • 247 26 AFP FAIRLY buoyant enquiry during and after the Easter period resulted in steady rate levels from most loading areas on the tanker market. Increased activity was noted out of the Gulf states region prompted by the absence of attacks on neutral shipping. But this factor, together with the
      AFP  -  247 words
  • Page 17 Advertisements
    • 348 17 w.*r Forc*9 n gxcWiM® oeolin^ 5 Pvbhshed by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A mem tie' ot times organisation 556.50 rraoß THE CENTRE for Seafarer's Rights has baan monitoring tha situation of Filipino saaman.... II Nadlloyd said 1985's rasults will be lower
      348 words
    • 414 17 uUASC UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shenlon Way 04-02 C Marina Houm Singapore 0207 Tel *****94 Tel.-■ No RS?S4><» CFS office TPC 03 30 Tel *****31 end *****32 Terminal office TPC 03 29 Tel No *****90/*****93 NATIONAL LINE OF BAHRAIN, RA EXPRESS FULL CONTAINER SERVICE ARAB
      414 words
    • 434 17 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 line SPEED SHUTTLE TO PNW-ATLANTIC INLAND POINTS INAUGURAL SAILING .S. LEXA MAERSK VOY 8506 ETD: LPK 9/5 PEN 11/5 SIN 14/5 ETA: TACOMA/SEATTLE 2/6 VANCOUVER 4/6
      434 words

  • Page 18 Advertisements
    • 392 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Pacific North Woat Faadar at Tokyo Faadar at Koba IMw> VS P. MBOW KBHU M. I. IWUO TMMSHH H Atlantic/Canada Faadar at Koba ftMar VS. R TOM Ml 11/f 1/4 17/1 15/1 l»/4 23/f 21/1 ZVC N/l a/I 2/7 Also accepting LCL
      392 words
    • 255 18 li Supercarrier Service LL.inn SM 17/4 28/4 23/4 25/4 21/4 2/5 4/5 »/S 12/5 14/5 11/5 22/5 24/5 2t/5 2/1 4/1 l/l N/5 I/* 11/ l 12/1 21/1 22/1 31/1 2/7 li/7 12/7 28/7 22/7 KXI ARRIVALS BARKR *CTO« 17/4 BAHKR TO6A 12/5 TAMPA 17/5 TO: CALIFORNIA PANAMA US ATLANTIC
      255 words

  • Page 19 Advertisements
    • 615 19 tj/WK The Straits gfjgy Steamship Group n STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports end Bangkok coHTwosHr sgyre to/from Bangkok STOW BKOK p(gasus mi mm tn n/n «o 19-21 to ft CASUS rax V374N 23-24 Apr 21-27 Apr BANGKOK AGENTS: BORNEO AGENCIES LTD BANGKOK TEL: *****80 SW6APORE TO SABAH.
      615 words
    • 459 19 Franco Belgian Serv/ces F+r Ma a. far I. »njj> (MEMBER OF ACE CONSORTIUM) CHARGFURS HAVRAISE MEDEX I INF (MEO CLUB MEMBER) "in Ma 22 Ma 23 Ma 21 Ha Ma 31 Ma 2 Apr I Apr Apr 12 Apr 13 Apr II Apr Apr 22 Apr 2) Apr 21 Apr
      459 words

  • Page 20 Advertisements
    • 463 20 u Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandinavia. Med, Carribean &S. America Inland haulage to inland destinations in Europe S'pwc PKeianj PenangLeiioesßdbao Genoa Hburj Rdam Bharen Antwerp 5/5 12/5 14/5 6/6 U/« 14/6 Thames Maru Thames Maru City ot Edmburjti City ot Edrtwgh Bern »or Benavon Tot a Eipress
      463 words
    • 179 20 *5* tG.S.[line V FULLY CON TAINERISED SERVICE 10 EUROPE VIA SUEZ 1 Ace Cowortw FROM EUROPE Vl* SUEZ J A Memoet 0 the Oct Comortw. J FULLY CONTAINERISED TO FROM NORTH AMERICA WEST vO*VI •»u feeder miH Spore* KH I* OikbndSeitMeVan BC HK S'pmt' KORfAN WOWS SUW 45E 18/4 16
      179 words
    • 503 20 THONG SOON AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88 TELEX RS ***** BOOKING: *****56 (OIRECT LINE) LINK SINGAPORE/BANGKOK TWICE A WEEK Wrth Reefer. FCI and LCI Container Service Agents: liafkak: Traaspwt 4 Fremiti F*r*trVl«| liternttoaal Ca. Ltt 325 S.P M. Bldg, Silom Rd.. Tel: *****93/5 1*
      503 words
    • 516 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED./FE) ALSO ACCEPTBK CARGO TO: 1) fROMCENCE NWARK SAVANIAH BOSTON PM.AOELFHU NORFOLK. lACKSONWLE MLMNGTON ETC 3) CRISTOBAL BALBOA PANAMA CITY. COLON. SAN UAN 2) ATLANTA CMCAGO DETROIT COLUMBUS 1 OTIC* MAJOR RBCROBRDGE DESTBIATIONS ORLEANS HOUSTON MA KHGSTON 4) MONTHAi TORONTO MA BALTBHRE
      516 words
    • 85 20 Ti mSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES 8 Abbas. B. Khomeini do KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Singapore Loadnf for: KYOWA COSMOS 7/5 Lae, P. Moresby, Rataaul. Kieta, Honiara, Noumea, Lautoka. Suva, Papeete, Pa|o. Apia. Nauru OCEANIA QUEEN 7/6 layapwa,
      85 words

  • Page 21 Advertisements
    • 898 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL KOTA SALAM HOT A MUTIARA KOTA SEJATI KOTA RATU KOTA AGUNG VOYAGE E-559 CP/8/85 E-563 E 565 E-567 HONGKONG SINGAPORE LOADING FOR ADEN, HODEIDAH, JEDDAH, AOABA. PT SUDAN. MOMBASA. D SALAAM REUNION. TAMATAVE ADEN. HODEIDAH. JEDDAH.
      898 words
    • 774 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE FROM EUROPE HAM Thames Mara Saied My a 1 EdM»(ti Saded Benaior Saded I duo Eipress Sated Cardial BIT SJM Osaka Bay 19/« Liverpool Ban ?6'4 Tokyo Bay 4/5 Kowtow Bay 11/5 R DAM HAVRE Sated Sated SaM SaM SaM SaM SaM
      774 words
    • 669 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST S PORE SERVICE FULL CONTAINER VESSEL. BUS KM TOKOHAMA ROW MOHSJUNG HK StOH TGPRIOK MAIAPAMT ¥19 HB 1,4 11/4 11/4 16/4 11/4 21/4 24/4 GONA Wl9 72/4 25/4 27/4 1/5 3/5 1/5 9/5 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE WEST BOUND ST P* B'BAO
      669 words
    • 639 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR 10k SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore PKehnf Penary Patan VB6 20/23 Apr Ava V74W 27/28 Apr Ptudwecyawywa V253W 28/30 Apr Lofcaw V9B 1/3 May Pa-» VB3 7/10 May 4/6 May Loading for Eivope. BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT
      639 words

  • Page 22 Advertisements
    • 1263 22 K LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE ojayaomcauao wu w* aea«sta santoioo»alpa*abo Ffflwva mot»o*sl spoke me png spoke kobe guayaq* caliao Ti «i- 121- 10 m ASM SIM *35 TBN *SL 15 Apt IS Apt 11 Apr 20 Apt 3 May 25 An 2 M CENTRAL AMERICA/CARIBBEAN SEA acapulco pt
      1,263 words
    • 410 22 UtiJ CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loadi«f tor lOS ANGELES SAN FRANCISCO SEATTLE TACOMA VANCOUVER BC Accfptin* FCI/fCL Contarnm AUSTRALIA EXPRESS CONTAINER SERVICE Acceptifl( FCL/FCL Containers 23/25 Apt 2/3 May 4/5 May 18/19 May 20/21 May 12/13 Kim 17 May 7 May 14 May AM 27 May 17
      410 words
    • 537 22 SANKD ASIA FROM JAPAM€S€ FONTS ANO HOWKOWG Ci Slurp I C« PI. LM. Td 22*1422 Nrt Urtm, IANAS Stop Hn M *****4/*****S Pwaf MNAS Sturp SA BM T«t X7KS/X7MS COGtAL SURVEY FOR (i) SAWO SCORPIO MU MEIO ON 1M B (I) HUT MU K t€lD ON 22.4.K no nana sunn
      537 words
    • 548 22 INTR BSE A (PTE) LTD 10 Anson Road "27 16 Internationa' P!a/a Singapore 0207 Tel *****1 1 1 1 0 L-nes! o BREAKBULK SERVICE TO EUROPE/UK S parc P. KdancLoa*! farFOOT NELSON *****05 25 Apr 21 Apr HOT!/ANT/UA (AVON) AND R.M.Z.Vjfc S pore PKeUnj Loada* »ar: TBN VOY 11 29
      548 words

  • Page 23 Advertisements
    • 487 23 NEPTUNE ORIENT LINES LTD 1 TO EUROPE/UK (VIA SUEZ): HK COIfT MO 44W+. 0 om 43* C ROZE 43W. N CRYSTAL 29H MAETERLINCK SN SS BWDGE 50* Also accepting cario to/from Scandinavia HK CONTAINER S pore Closing Times: FCL Cargo LCI Cargo 1700 16/4 TO MO FROM AUSTRALIA: SURABAYA... JAKARTA
      487 words
    • 602 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN, INCHON DO*AM Vnul Hi owm/M2N to I DMM/MM No t Dwan/MJN Hi 7 Dmm SO4N Hi Dmmi/MM MCHON BUS** J/5 11/4 22/5 21/5 Ctmr4 W»«t M> 7 Dm Iter bO3N/S Mi K2l on li tis MM to
      602 words
    • 770 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUR.MNG 55. Market Street Smfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPOtt Tefci Numbers RS ***** RS ***** RS ***** P REIANG M/S SHARKAT UAH SOON SON BHD IST ANO 2NO FLOOR NO 1 JALAN CFMPENWG PORT RLANG MALAYSIA
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  • Page 24 Advertisements
    • 815 24 T~ > Ke<|iimal IJintsiiiivr 1-iiM's 4 Sailings weekly n HI Ij Fast Reliable Regular lilinlfli.ff Punctual Berthing P S.A Tue, Thur, Sat Sun REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA HOT SBt f*T SRLA RAT MM MM V\ 15 »M [fcduW MTU KONURTRMI 2 MTU KOMttRTRMI 166M/330 ,T, MTU KONSORTRJM 167M/332 J** MTV
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  • Page 24 Miscellaneous
    • 171 24 y Regional Weather rz I <? 4 *r s i i r 9 L'& m 5s SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wave height LEGEND R Thunderstorm #C Section with speed knots y Shower Rom Wave height O Cloudy Sky
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  • Page 25 Advertisements
    • 78 25 m mm. MBC MEMOES K. LUMPUR P. KELANG POKING P. GUDMK J. BAHMU i IL-: *****0/*****6/*****5/*****3 *****1/4 TERMHM. 3SS3SI/2 *****/*****/*****/***** *****3/5*1375/*****1/*****0 228SM/*****1/*****5 1522 FAR EAST/EUROPE CONTAINER SERVICE li'ii'' ':i 11 J ■fTTBrTTj ii i Twm TTin M ~Tl| 11 '.r Tfrni IPITTTI l r l" '..'"IITTifITTTI wimvzmnn irnrTMrn Id ica
      78 words
    • 279 25 :LICOIINE M (S) PIE LID. "J. 5 "3 II < "J iJ: 1 U^ljLL STOK CHTIAGONC 12/1 13/1 1/7 2/7 27/7 »/7 M/V AMMGtMC VSISS M/V CGM VtLAY VCISS M/V CGM VAR Scan Dutch V To Europe (Med UK/NC/Scan) FEEDER PEMANG B Butane SM B Butane 18/4 B Botang 25/4
      279 words

  • Page 26 Advertisements
    • 325 26 J w. w Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S .NO^j OCEAN ELITE 17 Apr Mombasa. Deressalaam ASTRA PEAK 24 Apr Port Louis, Reunion SEA ARCHITECT 3 May Mombasa. Daressalaam. Tamatave NEDLLOYD MO JI 16 May Mombasa. Daressalaam NEDLLOYD MADRAS CONTINENTAL PARTNERS 7 May Apapa. Monrovia, Abidjan, Lome. Douala. Tema
      325 words