The Business Times, 22 April 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, APRIL 22, 1985 60 CENTS
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  • 234 1 Reuter CHINA will cut bank loans to its flourishing rural industries in an attempt to control credit and achieve a more balanced economic development. New central bank chief Chen Muhua said that the rural industry was developing too fast and was now eating
    Reuter  -  234 words
  • 106 1 AFP ASIA'S largest exhibition complex is now under construction in Xiamen, the Chinese Fujian province, directly across the straits from Taiwan. China's leading business newspaper, the Economic Daily, said yesterday that a four-stage joint venture with Hongkong companies, the Xiamen "exhibition town" would include
    AFP  -  106 words
  • 617 1  -  Declining cost of funds not matched by lower loan rates By ALVIN TAY BANKS are still denying borrowers the benefits of much lower lending rates to match the rapidly declining cost of funds since last September. The widening gap between banks' loan rates and
    617 words
  • 543 1  -  By NAJEEB JARHOM INDUSTRIAL Commercial Bank Ltd has failed to live up to its own expectations of a better performance in 1964. Group net profit after tax, minority interests, diminution in asset value and inner reserves allocation slid 7.9 per cent to $19.34 million
    543 words
  • 477 1  -  By FOO CHOY PENG DEMOCRATIC KAMPUCHEA Prime Minister Son Sann yesterday dismissed Vietnam's declared intention earlier this month of withdrawing more soldiers from Cambodia as mere totation of troops. The resistance leader, speaking on his arrival in Jakarta on his
    477 words
  • 232 1 BRIGADIER-General (Reservist) Lee Hsien Loong yesterday emphasised the importance of grassroot leaders as a channel between the government and the people. He told the 150 participants at a Teck Ghee constituency's workshop that leaving the burden of establishing close contact with the
    232 words
  • 315 1 AFP PRESIDENT Ferdinand Marcos said yesterday that he would seek a fourth term in the 1967 presidential polls, and predicted he would trounce the opposition bet by a two-to-one majority. The Presidential Palace quoted Mr Marcos as telling ruling New Society
    AFP  -  315 words
  • Page 1 Advertisements
    • 108 1 Call Wayfoong at 737-7977 for a fast decision on your loan Wayfoong Mortgage ana Finance (S) LW A who»y owned subside ry of Hongkong Ban* 6 Claymore HiM #03-00 Claymore Plaza. Singapore 0922 AJ». No. 0048' KX-20PS1 51cm (20 inch) Profeel; a professional studio monitor for the home features Sony's
      108 words
    • 377 1 m Thomos Ye<A Irftest collages and landscapes mark tfie end of a steady move away from acrylic into gaouche and paper collages created from "old recycled paintings". Let MONICA GWEE tell you about the peek-a-boo effect of his latest works. Pig* 11 The visit of a foreign dignitary is a
      377 words
    • 7 1 All «y«s on Chin«M •idt-ihow, Page 7
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    • 156 1 Commercial Banking Investment Management Foreign Exchange FOUR SEAS CCWM tf*iCAT<o*S MM I*o •4- x H< Head Othc e What you missed... If you did not read BT on Saturday, you would not know that Robert Kuok, who is building Beijing Shangri-La, is hoping to run a taxi service in China,
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  • MANAGEMENT
    • 1002 2  -  By TERESA LIM WHILE IT IS a widely-accepted belief that Hongkong will thrive in the next three to five years this being the traditional payback period for investments in the colony most economists and businessmen are less ready to put their bets on the
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    • FRONTIERS
      • 134 2 AGRICULTURE experts in West Germany are trying to look for ways to minimise environmental problems caused by motorcar fumes. West Germany's Minister of Food, Agriculture and Forestries, Ignaz Kiechle, has shown support for the project by using bio-alcohol as a propellant. In 1989, the 'catalyser'
        134 words
      • 207 2 Switzerland leads in R D THE Swiss Economic News recently reported that Switzerland was the leader in per capita expenditure in research and development (R D), according to a survey in 1982. Per capita expenditure worked out to about 610 Swiss Franc per person, compared with 469 Fr in West
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      • 75 2 SENIOR scientists at laboratories run by the British Ministry of Agriculture, Fisheries and Food said recently that more research was needed into pests that threaten public health, such as cockroaches, rats, mice, and flies. In evidence to a committee of the House of Lords, they called for a
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    • 1489 3  -  US studies show eight out of 10 customers read 'junk' letters By YAP BOH HOON RETAILERS who are facing a downturn in their business should try using a selling concept called direct marketing to boost sales. "It is more recession-proof," said Mr lan
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    • 610 3  -  By DAVID GABRIEL COOPERS AND LYBRAND Associates (C LA) has undertaken a large number of comprehensive reviews and audits of UK public sector organisations, and is introducing the methodologies to Singapore. The package, called CLEAR Coopers and Lybrand's Expanded Audit of Results), is an
      610 words
  • Page 2 Advertisements
    • 164 2 The list of corporations using the American Express Corporate Card "System is pretty impressive. So are their reasons. Increased control of company expenses, reduced cash advances, improved resource allocation, less administration costs and paperwork. A tighter control of company expenses The American Express Corporate Card System provides you with a
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  • Page 3 Advertisements
    • 475 3 Swissair keeps up a constant to and fro between Switzerland and North America. Wednesday Thursday Saturday Zurich-New York nonstop by B-747. Zurich-Chicago nonstop by DC-10. Zurich- Montreal-Toronto by DC-10. Zurich-Boston nonstop by B-747. Zurich-Geneva-New York by B-747. Zurich-New York nonstop by B-747. Zurich-Boston-Chicago by B-747. Zurich-Montreal-Toronto by DC-10. Zurich-Geneva-New York
      475 words
    • 105 3 Gala Dinner and Dance at The Belvedere Sit down to a grand dinner while our resident bands entertain. Highlights include a fashion presentation of Klasses new line of clothes by models from Imp International, our cocktail and lots of prizes! April 24 Price: $65.00 Prizes Galore Lancome fragrances and prizes
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  • OVERSEAS
    • 480 4 Problem translating good climate into concrete actions AP AMERICAN and other foreign businessmen, urged by Prime Minister Rajiv Gandhi to invest under liberalised economic policies, say the climate is definitely better but India has a long way to go in slashing red tape before foreign ventures
      AP  -  480 words
    • 208 4 UPI JAPANESE Prime Minister Yasuhiro Nakasone put his money where his trade policy is and splurged on foreign goods last Saturday picking up a French shirt, an Italian tie and a British dart board but passing up "made in USA" items. Last week, the
      UPI  -  208 words
    • 473 4 AFP ARGENTINE President Raul Alfonsin yesterday began a bid to win back public backing lost by massive economic crisis, by appealing to Argentine democrats ahead of the start today of the trial of ex-military junta leaders. In a nation-wide radio and television appeal, he
      AFP  -  473 words
    • 456 4 AP AS MANY AS 20,000 South Korean student protesters carried out anti-government demonstrations during the weekend the 25th anniversary of an uprising that brought about the downfall of a Seoul government. Reports said that more than 50 colleges and universities
      AP; Reuter photo  -  456 words
    • 167 4 AP ONE THAI RANGER has been wounded as his unit clashed with Vietnamese troops intruding from Cambodia into Thai territory. A Thai military source in Aranyaprathet said yesterday that an unknown number of Vietnamese troops clashed with 12 Thai rangers on Saturday in the
      AP  -  167 words
    • WORLD IN BRIEF
      • 64 4 THE recently-overthrown Sudanese Presient Gaafar Nimeiry and members of his government received nearly US$56 million in bribes to help Ethiopian Jews get to Israel from southern Sudan, the Observer newspaper asserted. Earlier, military material was sent to Ethiopian leader Colonel Mengistu Haile Miriam two years ago to
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      • 57 4 A US GROUP calling itself the Animal Liberation Front said it had taken 250 cats, rabbits and other animals used for experiments from a laboratory at the University of California at Riverside. Animal rights groups said they had received telephone calls from the front reporting the theft and
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      • 72 4 SEVEN Western European countries will deliberate in Bonn today and tomorrow in an attempt to define a common stand concerning the US "Star Wars" missile defence scheme. The foreign and defence ministers of France, West Germany, Great Britain, Italy, Belgium, the Netherlands and Luxembourg the countries in the
        72 words
      • 49 4 CHINA announced yesterday the appointment of veteran diplomat Han Xu as its next ambassador to the United States. The official Xinhua News Agency identified Mr Han as the "newly appointed" Chinese ambassador to Washington in an article on an interview he gave to the weekly "Outlook" magazine.
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      • 51 4 Agencies THE 7th DAP National Congress in Penang has passed several resolutions, including one that condemned Vietnam for its recent violation of Thai sovereignty and territorial integrity. The resolution also called on Vietnam to pull out its troops from Kampuchea and end Vietnamese occupation and colonisation of the country.
        Agencies  -  51 words
    • 597 5 Reuter TAIWAN is concerned about its relations with the United States after two trials have apparently (ailed to convince Americans that justice was done in the Henry Liu murder case. A senior Nationalist Party official, who declined to be named, said
      Reuter  -  597 words
    • 145 5 Reuter TAIWAN will relax rules on private investment abroad. A spokesman (or Tai»van's Council for Economic Planning and Development (CEPD) said a new < rule would allow Taiwanese companies with paid-in capital of US$5OO,OOO to invest abroad, compared with the current requirement of 11.25 million.
      Reuter  -  145 words
    • 284 5 AP LABOUR MINISTER Bias Ople has directly blamed apathy and weakness in the government ranks as having caused the rapid growth of the communist i: insurgency in the Philip- pines. Press reports in the Philippines said yesterday v Mr Ople told a
      AP  -  284 words
    • 134 5 AP CHINA OUTLAWED pornographic videos, aphrodisiacs and obscene materials that "poison people's minds" under new regulations published last Saturday. The State Council ban, which appeared in all leading newspapers, follows official complaints that pornography is now readily available in Guangdong and other Chinese cities.
      AP  -  134 words
    • 123 5 and gambling UPI CHINA has announced a strict ban on gambling in the bustling port city of Shanghai, the pre-1949 bastion of poker houses, billiard rooms and casinos. The harshly-worded ban many of the city's 11 million people have once again unleashed their notorious gambling fetish. "In order to strengthen
      UPI  -  123 words
    • 562 5 More Americans do not consider cheating Uncle Sam a crime Reuter AMERICAN tax collectors, now grappling with millions of income tax statements filed this month, are expressing concern over a growing public attitude that it is all right to cheat Uncle Sam. Officials at the
      Reuter  -  562 words
    • 511 6 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has attacked Western "orientalist" scholars, the alleged impartiality of Western media, and the holier-than-thou attitude of westerners towards Third World countries. In a hard-hitting speech delivered at the 400-year-old Trinity College, University of Oxford, last
      Bernama  -  511 words
    • 361 6 Bernama MALAYSIA needs to take certain risks if it wants technology, in particular for the heavy industry, says Datuk Seri Dr Mahathir Mohamad. The Malaysian premier told about 2,000 Malaysian students from throughout Britain and Eire in London during the weekend that no
      Bernama  -  361 words
    • 300 6 NYT PRESIDENT REAGAN has said that the Soviet Union has military personnel in the battle zones of northern Nicaragua near the Honduran border. A White House official said later that the Soviet personnel, small in number, had been sighted near Cotal, where a
      NYT  -  300 words
    • 302 6 Reuter ISRAELI Prime Minister Shimon Peres called his Cabinet into session yesterday to set a date for the final withdrawal of Israeli troops from Lebanon. Government officials in Jerusalem said he was expected to win the Cabinet's approval to complete by June the
      Reuter  -  302 words
    • 573 6 Third World reluctant to endorse US request NYT A REAGAN administration request to an international conference for an endorsement of a new round of global negotiations to liberalise trade has set off a clash between developed and developing countries. The battle came in a
      NYT  -  573 words
    • 285 6 Reuter IRAN is to sell shares in stateowned industries to workers in a further move to encourage private enterprise and reduce state control of the economy. But many workers are wary of the "privatisation" plan, fearing that middle-class investors will snap up the shares and
      Reuter  -  285 words
    • 773 6 ARRIVALS Operator Scrvici Local From number tim« MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN sv SV378 0940 JED/RUH CAL CI806 0945 HLP RBA BM2I 1000 BWN SIA SQ103 1005 KUL CPA CX710 1030 HLP GIA GA960 1100 CGK
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    • 225 6 Bernama INTENSIVE campaigns on taxation launched by the Indonesian government in the last few months have resulted in an increased number of taxpayers. The director-general of tax, Mr Salamun, said last Saturday that until the end of last month, 820,000 had paid taxes, a
      Bernama  -  225 words
  • Page 4 Advertisements
    • 427 4 He's certainly quick on the draw. TT N Simply because this superhuman ft f j is no human at all. S 1 I Call him a CADD 1 /OX For thafs what he is... Computer I 1 Aided Design and Draughting. jS This amazing masterpiece of a i L—f computer
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  • Page 4 Miscellaneous
    • 55 4 Doonesbury T7P ¥i mrr. nr. 3* «V M 4 *n y-m r S IP m £L ANPIPONTCAFBMHATYOU THINK,ABOUTU 0MT?IF&1 QOOP RIGHT NOW, MOUUHAT rMS/MN6*I>iWN6IN A POOL OF HBHEKBi ffi K -CHOKB,JACK!IHBm' TLB?! ETHIOPIA IS MOT MY FAULT! mHPM Mt o sMi A BY GARRY TRUDEAU t. 1 as i r
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  • Page 5 Advertisements
    • 105 5 Above: the view from on Air Conodo window seal There's no such thing as a great way to fly, but at Air Canada we go a 1L UVUI UUIV* On our wide -bodied flieht to London, in First iiifflii anaß usiness Class, we have more cabin staff per passenger than
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  • Page 6 Advertisements
    • 329 6 The Louis Grondard Festival opens on the night of 18th April with a gala dinner accompanied by a champagne cocktail and selected wines. The menu: PETITE MARMITE AU FOIE GRAS ET POINTES D'ASPERGES Chicken consomme garnished with duckling liver and tender asparagus tips, FRICASSE DE LANGOUSTE AU SAFRAN Gently stewed
      329 words
    • 32 6 I wv VM I\m Am Is I lvini; 1 torn Singapore lo Hong kong lok\o. lin Angeles Honolulu, s t m I ian«. isco ik \<.w Vnk For Updated Information, Call *****11
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  • WORLD BACKGROUND
    • 1118 7  -  DELEGATES from more than 70 Asian and African nations will gather in the Javanese town of Bandung on Wednesday and Thursday to reaffirm the spirit of the non-aligned movement founded 30 years ago. BT looks at what the conference hopes to achieve
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    • 407 7 NYT CRITICISING what he terms the exaggerated claims and media hype that have accompanied the arrival of computers on college campuses, the president of Harvard University has urged educators to adopt an attitude of cautious enthusiasm towards new technologies. The best current evidence is
      NYT  -  407 words
  • Page 7 Advertisements
    • 511 7 If you've an air-conditioning system that's ten years old, or older, you've our sympathy Because, loathe it or not, you're going to have to live with one of two possibilities. (Or rather impossibilities, as you will soon discover) 1. You can continue to put up with your antiquated air-con system
      511 words

  • BANKING AND FINANCE
    • 476 8  -  By ALVIN TAY FAR EASTERN BANK, one of the founding members of Associated Data Processing Pte Ltd (ADP), has withdrawn from the five-bank computer grouping. The newly-acquired subsidiary of the United Overseas Bank disconnected itself from ADP's computer system to join the network of
      476 words
    • 143 8 NYT THOMAS MELZER, a former managing director of Morgan Stanley k Co, has been named president of the Federal Reserve Bank of St Louis. Mr Melzer, now 40, joined Morgan Stanley in New York in 1968 and served as a managing director from
      NYT  -  143 words
    • 393 8 FT THE COST of borrowing fell again last Friday as National Westminster and Lloyds Bank cut their base lending rates by half a percentage point to 12 Vi per cent in response to sterling's strength on foreign exchange markets. The move was
      FT  -  393 words
    • 103 8 AFP THE HONGKONG and Shanghai Banking Corporation and Standard Chartered Bank last Saturday jointly announced a Vi per cent cut in their prime lending rates to 9 per cent per annum effective from today. Meanwhile, the Hongkong Association of Banks decided at a regular meeting
      AFP  -  103 words
    • 293 8 UPI THE WORLD BANK has decided to go ahead with plans to set up a new agency to insure direct private investment in developing countries against political risk. The bank's general counsel, Mr Ibrahim Shihata, said the bank would begin
      UPI  -  293 words
    • 328 8 FT THE FIRST multi-year rescheduling of a developing country's official debts should be completed in the next few days when governments agree to new loan terms for Ecuador. Mr Nigel Lawson, the British Chancellor of the Exchequer, said in Washington the move marks
      FT  -  328 words
    • 238 8 Reuter BANK OF CHINA'S second samurai bond issue for 20 billion yen was priced at par with a 7.1 coupon. It provided the lowest yield since early February because of a preferential income tax measure, lead manager Nomura Securities said. The yield on
      Reuter  -  238 words
  • Page 8 Advertisements
    • 443 8 How to identify leading business computers You could of course look at the front for the "Apricot" name. Or look at the back for the ACT logo which means Applied Computer Techniques. But we would like to suggest a jd number of more interesting ways of achieving the same goal.
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  • MONEY AND EXCHANGES
    • 643 9 Weakening American dollar seen as a hurdle, however FT INTEREST RATES in the US are set to come down further in the opinion of the British Chancellor of the Exchequer, Nigel Lawson. Finance ministers and central bank governors at the meetings of the International Monetary Fund
      FT  -  643 words
    • 217 9 UBS UBS A WEAKENING dollar was the main feature of last week's currency markets. For the first time in several months, the US dollar fell below the psy-chologically-important level of 3.00 marks and 2.50 Swiss francs. Sterling and the Swiss franc were the principal beneficiaries of
      UBS  -  217 words
    • 155 9 Green Collier GOLD firmed last week on account of the dollar's easiness. The pace-setting June contract (or gold closed at US$33l, little changed from the previous week. The closing price for June currency contracts were deutschemark 3373 (up 84 points) and yen 4055 (up 55).
      Green & Collier  -  155 words
    • 237 9 Discount Co of Singapore LAST WEEK saw another round of prime lending rate cuts by major banks in a generally liquid market. Opening the week at 4Vi-4H per cent, the overnight rate fluctuated within a narrow range of 4-4% per cent before recovering to close the week
      Discount Co of Singapore  -  237 words
    • 243 9 Asian market ASIAN currency average deposit rates for the week ended Apr 19 BID PRICES High Low us$ 7 days 8 5/8 8 3/16 1 month 8 5/8 8 1/4 2 months 8 11/16 8 5/16 3 months 8 3/4 8 7/16 6 months 9 8 11/16 9 months 9
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    • 501 9 mCAIES ft* anraft Mm prim Itndini ratM 12 •pwattai in Shtftpvt. PLR of bonks ot the close of business on Friday, April 19 as supplied by the Association of Banks in Singapore. BANK PLR Algemene Bank 9 American Express 9V« Am'Dom R'terdom Bonk 9 Arab Banking Corp
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  • Page 9 Advertisements
    • 60 9 Ifyer restaurant The Instinctive choice when... jo» hanger for fine french -food, entertaining clients making amends celebrating! impressions count she demands attention, you yonder bM happened to romance? the occasion dictates Whatever yoWreason, call 223 3366f0r reservation* Luncheon '12 2.30pm. Dinner' 7~ 10-dOpm-NouveUe cuisine's finest hour The Octagon, sth Storey,
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    • 258 9 As you may be aware, EFT-POS (Electronic Fund Transfer at Point of Sale) is here and is about to take us by storm. What does it mean to you, the retailer, no matter what size your outfit is, when it happens? EFT-POS is for everyone As a productivity geared nation,
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  • FEATURES
    • 1310 10  -  SGS Singapore has decided to design microchips at its new diffusion centre in Ang Mo Kio, and by local engineers trained by the company. This is a significant move for the Republic's 17-year-old semiconductor industry, reports BOEY KIT YIN. BOEY KIT YIN A TINY
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    • 643 10  -  By LOUISE KEHOE FT THE RECENT call by Japanese Prime Minister Yasuhiro Nakasone for a liberalisation of trade policies offered little comfort to US semiconductor manufacturers facing increasing pressure from Japanese competition in their home market and apparent intransigence in the Japanese attitude to
      FT  -  643 words
    • 535 10 FT ONE HUNDRED bumpy kilometres north-west of Hanoi is a most singular industrial development: a Swedish-financed pulp and paper mill. It is the biggest aid project backed by a Western country in Vietnam, and reputedly the biggest such mill in South-east Asia. The
      FT  -  535 words
  • Page 10 Advertisements
    • 103 10 It's Springtime at Crown FVince Hotel p k Sakvtrjr Festival 10th—27th 1 UUI A Crown Princc Hotel. ofHve Cherry Blossom (Sakura) plant Ikebana Demonstration April t partake Japanese Tea Ceremony- an invitation to v of Japanese tea April 20 co-sponsors delicacie^ at affordable prices. m Soba 5.00++ per set| Sushi
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  • Page 10 Miscellaneous
    • 1000 10 to (md mm HIGHLIGHTS The Natural World On the Bth Day 8 pm, Channel 12 The prospect of a nuclear holocaust has terrified mankind for more than 30 years. According to statistics, each human being has the equivalent of four tones of explosive prepared against him or her. But would
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  • THE ARTS
    • 565 11  -  By MARIE DAVID THE VISIT of a foreign dignitary is a useful peg for TV stories. Mrs Margaret Thatcher, the British Prime Minister, provided that occasion for television in Singapore and London. Quick assessments were screened for viewers in both countries. In
      565 words
    • 982 11  -  By MONICA GWEE "ARE YOU an old Singaporean?" This indelicate question was just Thomas Yeo's way of giving street directions to his apartment. It is about time Thomas Yeo made an appearance on these pages and his latest exhibition after seven years was a
      982 words
  • SPORTS
    • 524 11  -  By WALTON MORAIS SENTOSA's Samson Gimson, still playing only his first year of tournament golf, swept to a three-stroke win in the SICC Open golf championship at the New Course yesterday. The strapping 21-year-old fired a final round three-over-par 75 to win comfortably from charging Premier
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    • 544 11 THE SINGAPORE Professional Golf Association, already boosted by a positive response from two sponsors for their monthly competitions, meets today to decide on the proposed $30,000 investment scheme. And with the two new sponsors Par Golf and Munsingwear showing their faith
      544 words
    • 323 11 PATRICK CHOO (16) was the surprise winner of Changi's Overall Best Gross title with a five-over-par 73 in the club's monthly competition yesterday. Other results (Nett): A Div: 1. Kang Kim Hee (13) 64; 2. Y Hassan (11) 65; B Div: 1. Fred Boey (19)
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    • 422 11  -  By BRIAN MILLER KUALA LUMPUR trainer Mohammed Zafir who has been enjoying a good run this season might have a potential champion on his hands in the chestnut filly Feellag's Right. Sent out to tackle a Class 4 Division 5 field over the 1,200 m
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  • Page 11 Miscellaneous
    • 677 11 CRYPTIC PUZZLE ACROSS 1 See that it's jewelled! (5) 6 The moony stage? (5) 9 He produces hot air, if nothing else (7) 10 Photograph a newcomer in the garden (5) 11 Instrument that may be a collector's piece (5) 12 Coagulates in a number of groups (5) 13 Something
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  • INTERNATIONAL STOCKS
    • 251 12 Reuter THE PLUNGE in first quarter earnings of Texas Instruments is a tell-tale sign of trouble in the US computer industry. The company earned 37 cents a share, down sharply from U553.32 in the same quarter last year. The steep drop was lower
      Reuter  -  251 words
    • 246 12 APft 20 Yw 1040 -10 Mitsubishi MitsubElec Mrtsub Estate 525 393 596 unch unch -4 458 +8 Mrtsub Heavy 260 3 +40 +26 340 5 823 874 779 Mitsui Ship 174 +3 A*ohi Glass +5 28 Mitsui Smelting Mrtsukosht 570 515 -7 40 1240 30 Murato 2160 -40 1620
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    • 295 12 Reuter WALL STREET share prices, 1 aided by a burst of late buying, I closed slightly higher last Friday, But analysts said the market was drifting and the day's end-result was not very significant. The Dow Jones Industrial Average gained 1.43 points to 1,266.56.
      Reuter  -  295 words
    • 132 12 Aft 19 a *np Oi 54* Inco IB* AbMbi 53 H 36 inch Afeon 33* Int lilt 23* unch 23* Karr Add 15* Argoan Hdg» Bonk Mont 19* Lobtaw B IB 27* Matuy Farg 2* inch Bark Nova Scotia 12* Mc BkxM 25* Bal Canodo 39* 15* BP Can
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    • 210 12 510 AM 19 Ummd 1TO INDUSTRIALS MININGS A Alpha 850 2715 -20 155 .5 7500B 7300 AE And a 820 -5 +5. Btaroofi 1525 25 50 -10 Amour op AMIC 370 ***** Burfafe 8850 445 C G SmMh 1140 ?wn 25 Com Gold ***** 1190 40 CNA 270 +15
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    • 705 12 AM 19 us$ Aican Aiumm 24* Aicoo 32* Altgh*ny Lud 27 Lnch ABad Cham Cp 42* ABad Storat 56* 2* AfeChahnare 6* unch Am Brandt he 67* Am Broadcast 105* Am Can Co 52* Am Cyanamid 53* Am Else Pw 21* Am 41* unch Am Horn* Prod 61*
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    • 814 12 Amsterdam Aft 1* Fb ABN 426.00 +9 AtgoA ***** +0.S Ahold 225.50 -1 Afczo 113.00 -0.5 amev 227 00 -1.5 Amtm Anvo Boric 76.00 +0.3 Barfcal Bota 97.50 +0.8 Bonura) Boikafa Bur Tot CaAand 34.20 unch Catva Dai M| 123.50 -1 Di«v»f 119 50 +0.5 Ftfi 60.70 +0.1
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    • 38 12 Reuter MANUFACTURERS Hanover Corp is reorganising all its subsidiaries into five strategic business sectors to cater to major customer groups. It says the restructuring represents a new decentralised approach to management. Reuter Stockholm pricoa unavailable
      Reuter  -  38 words
  • Page 12 Advertisements
    • 415 12 a f I J%)rp U «Sn d 1PI S« >«''£gswW „4 m JM P HOTEL ASIA Many Happy rilums 37 Scons Road Singapore 0922 Tel *****88 fete* H*****3 HOTAStA Pescadou Restaurant Provencal Wt m e introdu inaty deli, of Provence *£U ce the rustic charm of rovcMce region In France,
      415 words
    • 145 12 London stocks, P*fl* 17 > V <4 f Ptag Ch£ng L6u Teochew V Restaurant for the best Teochew delicacies in town, k Discover our famous dian-xin, k delicious steam-boat Teochew porridge and other mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while C you dine in Oriental
      145 words

  • INTERNATIONAL COMPANY NEWS
    • 389 13 FT BRITISH and French companies are nearing the final stage in their rival bids for a US Army telecommunications contract which could be worth US$4.3 billion. Best and final offers have been invited from the two rival consortia to supply 25 divisions of
      FT  -  389 words
    • 71 13 Reuter JAPANESE electronic companies have begun joint research into an electronic still camera capable of recording sound. Spokesmen for Sony Corp and Matsushita Electric Industrial Co say the camera will take pictures and record sounds using electronic signals with different waves on a floppy disk. The aim is
      Reuter  -  71 words
    • 688 13 NYT HILTON HOTELS CORP, whose application to operate a casino in its unopened Atlantic City hotel was rejected about two months ago, is discussing the sale of the property to Donald Trump, the real estate entrepreneur, for an undisclosed cash price. A source
      NYT  -  688 words
    • 556 13 NYT WALL STREET money managers, who control 60 per cent of CBS stock, look to the media giant to devise some way of warding off a takeover bid by Ted Turner, the Atlanta broadcaster, and still give investors a chance to make some money.
      NYT  -  556 words
  • Page 13 Advertisements
    • 736 13 4, > ft m v^^lwßaa fe A •-"<, r f r t. -n v i* H-«« gy< .iw < »££ss t 'M. V < Ri ->i -.'■V *s?J ws* > rrm i Vi J*"* WW> f W Co**- 'S r n Sb* < x. V//A S. /> I 7 ir.P
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    • 96 13 > t At COFFEE GARDEN... 24-HOU HONG KONG DUN XIN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. *7 :< j J //am 3pm A 6pm llpm m Set Breakfast Specials of Porridge A Diao Xia available ft 19 Oimhill Ordt Singapore
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  • RAW MATERIALS
    • 1062 14 AFP LONDON commodity markets were again at the mercy of currency factors last week, with sterling's sharp but erratic progress against the dollar keeping many traders on the sidelines. The dollar, beset by renewed worries over the US banking system, and by signs of a
      AFP  -  1,062 words
    • 620 14 AP THE International Coffee Organisation has resolved to end wide market price differentials, a decision welcomed by both producing and consuming member governments in the organisation. ICO consumer spokesman Abraham van Overbeeke of the Netherlands said in London on Saturday that it was a first
      AP  -  620 words
    • 147 14 PHILIPPINE coconut exports during the first quarter of this year totalled 170,221 tonnes, down 44.3 per cent from the same period a year ago. The Philippine Coconut Authority said on Saturday exports were worth U*****.22 million, a drop of 49.8 per cent over
      147 words
    • 42 14 Bernama MALAYSIA earned M 54.77 billion from its palm oil exports last year. The export earning, which was $1.63 billion more than theprevious year's, was achieved in spite of a marginal increase in the export volume. Beraama
      Bernama  -  42 words
    • 228 14 UPI INDIA is wooing foreign grain buyers to cut a huge grain surplus which is now overflowing warehouses in the country. Bhani Ram Gupta, chairman of the All-India Foodgrain Dealers Association, said the government was desperately trying to export wheat because stores
      UPI  -  228 words
    • 31 14 KL TIN Date Closing prices Turnover M$/kilo (tonnes) Apr 15 29 75 137 Apr 16 29.90 122 Apr 17 29 70 82 Apr 18 29.40 91 Apr 19 29 35 92
      31 words
    • 227 14 PRICES on Singapore and MalaysUa markets fell about nine cents on a combination of factors last week. Turnover was fair, with bouts of shortcovering on the way down, said Holiday, Cutler, Bath and Co. Persistent long liquidation met reserve of buyers. Overseas orders were poor. Easier conditions in Tokyo
      227 words
    • 147 14 Chinese Produce Exchange (Mlm' noon dosing prices on Apr 20. SJ/100 kg). Coconut oil Buk FOB 150 00 Ok) drum FOB 163 00 New drum FOB 167.00 Robusto 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gambier FOB NSW 477.50 396 00 248.00 330 00 Copro
      147 words
    • 235 14 WHEAT futures closed mixed on the Chicago Board of Trade on Friday, ranging from 3-3/4 cents per bushel higher in old crop May to 1/4-cent lower in distant March in light trade. May settled at $3.56 at the top of a 5-3/4 cent range. Old crop May gained on
      235 words
    • 138 14 SOYBEAN futures closed mixed on the Chicago Board of Trade on Friday. Prices rallied from the lows on a late round of commercial buying generated by a recovery in soyoil futures. Technically weak chart patterns limited gains. L D Commodities bought May late, while Shatkin bought July. CBT soyoil
      138 words
    • 54 14 Reuter A TAIWANESE buying mission is to buy about 1.16 million tonnes of grains worth about US$l7O million from seven US states. A Taiwan Board of Foreign Trade official said the mission would buy 564,000 tonnes of maize, 274,000 of soybeans, 270,000 of wheat and
      Reuter  -  54 words
    • 139 14 TIGHT RUBBER supply is expected to remain for some time because of the anticipated prolonged wintering season and lack of tappers. The Malaysian Rubber Exchange and Licensing Board said in its latest rubber marke review that the prolonged dampness might cause problems of leaf mould and
      139 words
    • 1132 14 COFFEE Robusta futures shed some of their gains on Friday afternoon, although New York's steadiness ensured a mostly firmer trend. Contracts closed unchanged to £5 a tonne up from Thursday night. July was traded last at £2,025, unchanged, and compared with its high of £2,050. Currency factors provided
      1,132 words
    • 244 14 THE PRODUCE market continued to be firm last week as overseas buying and short-covering lifted prices. In the pepper market, prices rose in thin trading. Most of the gains were made in the earlier part of last week and prices stayed flat after that. Buyers
      244 words
  • Page 14 Advertisements
    • 108 14 What on earth has water got to do with electronics, food, palm oil, petrochemicals, rubber, pharmaceuticals, pig farming, paper, breweries metals, alcohol, and lots of other industries? Everything! The latest water treatment technologies for these industries will be presented at the "Industrial Water Technology, Treatment, Re-use and Recycling" Conference at
      108 words
    • 207 14 NOTICE HUA SIANG FARM (PTE) LTD. (incorporated in the Republic of Singapore) (in Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap 185 the Final Meeting of members of the Company will be held on Monday 27th May. 1985
      207 words

  • MARKET REVIEWS
    • 5429 15  -  ftJ By HOMER CHEN THE stock market bounced up and down last week and finished slightly lower. Trading was thin and lacklustre because investors remained cautious and stayed away. Over the week, the BT Composite Index fell 5.75 points to 712.07 and the Straits Times
      5,429 words
    • 314 15 vlAustralia M UPI THE CHRONIC weakness o( the Australian dollar in money markets, undermined traders' confidence in Sydney and the share market had the worst week of the year in price terms. However, it was a record week in terms of dollar turnover, resulting in
      UPI  -  314 words
    • 747 15  -  Week ended April 19 compiled by JULIANA TAY SCRIP ISSUES T D M: Proposed bonus issue of one-for-two. OUB: Proposed rights issue of one-for-five at $2.50 per shore. CORPORATE DEVELOPMENTS Amolgomated Steel Mills Bhd hos acquired a 4 6 per cent stake in Amalgamated Industrial
      747 words
    • 1466 16  -  r 1 London By GERALD COLVERD THE FLAT racing season is now well underway and providing clear indications that the classics will be a bonanza for favourites. Everything in this respect seems to be running well to form. It is comforting to think this aspect of the gamblers'
      1,466 words
    • 747 16 1 K.Lumpur *M A INVESTOR disinterest once again sent the Kuala Lumpur stock market sliding in most sectors last week. Although the market closed on a steadier note on Friday, the overall performance was weak with little to stimulate the imagination of investors who preferred to
      747 words
    • 344 16 P Zurich .J UBS THE MARKED easing of the US dollar rate characterised events in the past week and led to greater interest from abroad especially on the part of institutional investors. The heavier demand for investments on the Swiss market also resulted in impressive price
      UBS  -  344 words
    • 104 16 Bernama INDIA-MALAYSIA Textiles Bhd (Imatex) is no longer a shareholder of Nixdorf Computer Malaysia Sdn Bhd. A Nixdorf spokesman said the entire local shareholding of 70 per cent was recently taken over by Kelengkapan Holdings Bhd while the remainder is being held by Nixdorf Computer
      Bernama  -  104 words
    • 427 16 55 WM Milan Tl S IT BCI MILAN share prices closed slightly lower after seesawing the whole of last week. The market was responding in part to external factors such as the political uncertainties linked with the local election hurdle of May 12. Investors
      BCI  -  427 words
    • 312 16 [Si Tokyo M AFP JAPAN'S market barometer, the Dow-Jones Average, suffered its heaviest daily setback ever last week, dropping 345.45 yen on Tuesday from Monday. On Thursday, the 225-blue chip average sustained another whopping 245.24 yen loss, the year's second worst fall. Tuesday's fall was
      AFP  -  312 words
    • 679 16 ■V. J New York m FT WALL STREET has been buffeted by the continuing conflicting signals coming out of Washington, the US credit markets and the corporate sector last week. The further sharp slide in the value of the dollar has added to the analysts'
      FT  -  679 words
    • 303 16  -  n L i I Hongkong M By TERESA LIM THE MARKET breached 1,500 points on the Hang Seng Index early last week, for the first time since September 1981. This was mainly on the continued expectation of a cut in interest rates. But optimism
      303 words
  • Page 15 Advertisements

  • Page 16 Advertisements
    • 286 16 APPOINTMENT r IVFCormack Dodge Da company of The Dun&Bradsticct Corporation Our client, McCormack Dodge, one of the world's largest independent software companies, market and support a sophisticated range of financial accounting software products for IBM mainframes and large minicomputers. World-wide M&D operate in 15 countries with a staff of approximately
      286 words
    • 92 16 DEVELOPMENT PROJECTS Developers ore invited to participate in the development of 2 utility buildings in Malaysia with shopping/office/ hotel facilities. Average project cost is MYR4O million with 450,000 sq. ft. built up area. Interested developers/ entrepreneurs with adequate financial resources are invited to apply for forms and brief details from
      92 words

  • COMPANY NEWS
    • 238 17 IN A BURST of buying believed to have cost at least $12.6 million, Loo Choon Yow, an executive director of Sealion Hotels Ltd, has snapped up seven million shares in the company. This takes his stake up to 7.036 million shares
      238 words
    • 566 17 MALAYAN UNITED BANK Bhd performed well in 1984 in spite of economic growth restraints and uncertainty over economic prospects in the current year. Chairman Tunku Osman Ibni Tunku Temenggong Ahmad, in his latest annual statement, said the financial arm of the Malayan
      566 words
    • 1183 17 §SK)BCU By HOCK LOCK SIEW A FAIRLY sombre mood has descended on the market as the major corporate reporting season draws to a close. Companies with financial year-ends that coincide with the calendar's have been blitzing investors with their annual results during the past month.
      By HOCK LOCK SIEW  -  1,183 words
    • 656 17  -  Vendor to get at least Msl9m By NAJEEB JARHOM THE CONTROVERSIAL sale of the plant and main assets belonging to Malaya Glass Factory Bhd to Fraser A Neave Ltd and Malayan Breweries Ltd is going ahead on modified terms. Under the revised terms reached
      656 words
    • 162 17 DEVELOPMENT Baak «f SUgtpwe, a substantial shareholder of Shangri-La Hatel Ltd, has sold 1.45 million shares in the company, reducing its stake to 12.61 per cent from 14.06 per cent. OE1 HONG LEONG has bought another 250,000 Iatraea Ltd shares at an average price of $2.06, raising his
      162 words
  • Page 17 Advertisements
    • 291 17 Water engineers and consultants! Here's cost-saving information about piping for water supply. f y M is cheaper with®Poly pipe! HE V 1 <*/ ,v a •>. Y s. J Made of high density polyethylene, non-encrusting, leakproof, extra smoottrMyplp* offers higher flow rates and saves pumping costs. Also proven superior for:
      291 words

  • 209 18 ALL ROV-registered vehicles will receive a differently designed and coloured road tax disc when they are earmarked for mobilisation during an emergency. Those not registered by ROV, such as excavators, cement mixers and bulldozers, will be alloted an identification number which the owners
    209 words
  • 130 18 AFP DIRECTORS of the 200 biggest US companies received pay rises averaging 15.6 per cent last year, taking their average pay to U*****,769, while the average pay of employees rose by 4.8 per cent, the US News and World Report said. The best
    AFP  -  130 words
  • 414 18  -  Hitch in drive towards cashless society By AMY BALAN THE DRIVE towards a cashless society in Singapore is being slowed by the reluctance of the Post Office Savings Bank to join up with Interbank Giro. It was reported last month that the POSB would link
    414 words
  • 240 18 Reuter NEARLY 30,000 Americans paraded through Washington during the weekend to protest against the US military buildup, South African racial policies and a broad range of Reagan policies. The peaceful march, along with simultaneous demonstrations in San Francisco and LO6 Angeles, protested
    Reuter; AP photo  -  240 words
  • 289 18 Reuter THE SECOND anti-Nato bomb explosion in Brussels in two days damaged the offices of electronics firm AEG-Telefunken in Brussels yesterday. The blast, weaker than the one at the headquarters of Nato's parliamentary assembly on Saturday, shattered windows and scattered debris at the corner
    Reuter  -  289 words
  • 351 18 MALAY PROFESSIONALS will be able to join the Singapore Malay Chamber of Commerce (SMCC) soon, if an amendment to its constitution is approved. But they have to wait for a little while as a committee was set up only recently to look into the
    351 words
  • 161 18 THE Singapore Medical Association (SMA) must take care to ensure that the guidelines for fees do not result in raising the overall level of medical fees. Mr Yeo Cheow Tong, Minister of State (Health and Foreign Affairs), also said yesterday the recent release
    161 words
  • 484 18 HOME NURSING services should be expanded so that it could be recognised as a service that was valuable as institutional care, Dr Toh Chin Chye recommended yesterday. Speaking at the symposium on "Age and Health", Dr Toh said there had been a
    484 words
  • 63 18 MATTERS concerning land transport policy will be the subject of the first forum to be held next month by the feedback unit of the Community Development Ministry. The forum would be tele- vised, but not live, said Mr Wong Kan Seng, Minister of State for
    63 words
  • 156 18 Reuter AT LEAST 44 people were killed and more than 50 injured yesterday when a fire set off by an explosion swept through a cinema in the Philippines. Police said the fire, at Tabaco in the central Philippines, 30 kilometres north of Legaspi, spread
    Reuter  -  156 words
  • 231 18 Reuter FRESH violence has erupted between Muslims and Tamils in Batticaloa, the capital of Sri Lanka's eastern province. Home Minister BUI Devanayagam said that members of the two minority communities were fighting and many homes had been burnt. Foreign Minister Shaul Hameed said
    Reuter  -  231 words
  • LATE FILE
    • 65 18 Bernama PARTI Bersatu Sabah (PBS) was leading in the Sabah state elections, with nine of the 13 seats declared up to midnight. BN-Berjaya and Pasok had won one each, while Usno two. As at midnight, two state ministers had lost their seats culture, youth and
      Bernama  -  65 words
    • 53 18 Reuter ABOUT 80 communist guerillas in the Philippines were killed last week in a stepped-up campaign against rapidly growing insurgency in the southern island of Mindanao. The Philippine military said yesterday that at least 20 were killed when a group of 34 guerillas were engaged by
      Reuter  -  53 words
    • 51 18 AP VIETNAM has sharply devalued its currency from 11.7 dong to 100 dong to one US dollar. Japan's Kyodo news service reported yesterday that Vice-Premier Tran Phuong had said the devaluation was only a formal confirmation of the real exchange rate of the dong in foreign trade.
      AP  -  51 words
    • 67 18 AFP ANYONE caught spitting in Beijing is to receive a fine, a public scolding and be forced to clean up the flow. The New China News Agency said yesterday that factories were producing special toilet paper for habitual spitters, while microscopes are to be placed
      AFP  -  67 words
    • 37 18 Reuter AT LEAST six people were injured in army firing and thousands arrested yesterday in the western Indian state of Gujarat in violence over reserving jobs and university places for the underprivileged. Reuter
      Reuter  -  37 words
    • 43 18 AFP INDONESIA'S population could be kept below 210 million in the year 2000 if people follow the government's birth control advice, but would be 40 million higher if they did not, said family planning director, Haryong Suryono, yesterday. AFP
      AFP  -  43 words
  • Page 18 Advertisements
    • 146 18 T i r> I ilfiTfrTl i 11 i M close to nature? Tan Chong Tower Service Apartments Available for 1 month and above Within CBD Fully furnished inclusive of kitchenware Telex and IDD telephone Housekeeping and laundry service available Covered car park 24-hour security Rates: Studio $1,300 per month 1-bedroom
      146 words
    • 319 18 u A- t t t Fbr Good Grooming Good grooming advice can only come from experts like Ermenegildo Zegna. Ermenegildo Zegna has a team of designers and fashion consultants to research into the latest trends and feature them in their annual catalogues of finest men's fabrics. To combine the superb
      319 words
    • 3 18 8m Pag« 5
      3 words
  • Page 18 Miscellaneous
    • 56 18 mMsm Outlook for today: Pre-down showers in many areas, clearing in the afternoon. Report for 24 hours prior to 7.30pm on April 21 at the airport: Maximum temperature 32.4 Associated humidity 64 Minimum temperature 23.5 Associated humidity 92 Hours of sunshine 4.05 Rainfall in millimetres 1.1 Rainfall this month 81.0
      56 words

  • SHIPPING TIMES
    • 326 19 FEWER ships called at Manila last year. The National Economic Development Authority said 1,790 international ships, or an average of 149 a month, called at Manila in 1984, down 25 per cent from 2,388 ships the previous year. The agency, which
      326 words
    • 331 19  -  By G DURAIRAJ MALAYSIAN ships will soon be able to call at South Korean ports without seeking waivers as required under the country's cargo reservation law. This follows a decision to conclude a bilateral shipping agreement between the two countries. Under the proposed
      331 words
    • 122 19 Seatrade Week THE US Administration has introduced legislation which will permit subsidised US flag operators to build vessels abroad indefinitely. The legislation will also enable shipowners to purchase second-hand ships outside the US and reflag them while retaining their eligibility for operating subsidy. The measure will apply
      Seatrade Week  -  122 words
    • PORTSIDES
      • 85 19 Reuter SHIPPING conferences covering the Far East trade said the following currency adjustment factors are revised, from April 21 UK/Eire minus 13.00 per cent (minus 17.50 previously), West Germany/Benelux plus 3.00 per cent (minus 1.00 per cent), Hongkong minus 11.50 per cent (minus 16.00 per cent), Philippines minus
        Reuter  -  85 words
      • 67 19 Reuter MEMBER LINES of the Japan/India-Pakistan-Gulf/Japan Shipping Conference said they will cut their extra-risk insurance charges effective April 20. The surcharge for shipments to non-Irani-an/non-Iraqi Gulf ports will fall to 4 per cent from 6 per cent. The surcharge on shipments to Iranian ports, including Bandar Abbas
        Reuter  -  67 words
      • 64 19 Reuter SEA-LAND CORPORATION said it expects to have a satisfactory year in 1985, "but with earnings below 1964's record" of US$3.5l a share. It reported first quarter earnings fell to $0.19 a share from $0.60 last year. Sea-Land said it continues to look to 1965 with caution, explaining
        Reuter  -  64 words
      • 46 19 THE Port of Oakland will begin its annual summer boat tours of its facilities along San Francisco Bay on May 2. The free boat tours will be held twice a day on Thursdays and Saturdays at 10am and 12 noon, till Aug 31.
        46 words
      • 93 19 Reuter THE STATE-OWNED Shipping Corp of India (SCI) has started using Madras instead of Colombo as a transhipment port for containers, ZR Ansari, Indian Minister of State for Shipping and Transport, told parliament. SCl's feeder vessels are taking containers from Chalna and Chittagong in Bangladesh and Calcutta
        Reuter  -  93 words
    • 1159 20 A "SUSTAINED firm price" on the scrap market has led to the sale of some 32 tankers, totalling in excess of 4.5 million dwt over the month to April 15, London shipbrokers EA Gibson said. The low demand for tankers has also resulted in an increased in the
      1,159 words
    • 338 20 Reuter THE International Chamber of Shipping (ICS), representing about two-thirds of the non-communist world's merchant tonnage, has called for an end to excessive government shipbuilding subsidies to help reduce the continued depression in the shipping industry. Addressing the ICS annual meeting
      Reuter  -  338 words
    • 61 20 UPI CONSTRUCTION should begin later this month on the first 12-metre yacht Dennis Conner will sail in the challenge to the Americas Cup. Sail America, the San Diego-based organisation of which Conner is the designated skipper, held a final design meeting in Maryland. The boat will likely
      UPI  -  61 words
    • 790 20 Ateo VI 3 Ahrenkiel Uner V 4 AC Toepter X 5 Andeko Shpg v« ANL 1 Ant oh Orient X 2 APC Lme V 4 APL 4 Arrow Unn X 4 ASCL Auobroker V AHos Ljnes IX 2 Austosio Leie V Bait-Orient VI 4/5 Bangkok Com VI
      790 words
    • 1860 20 THE FIXING of several large vessels to carry iron ore cargoes featured the freight market on Thursday, shipbrokers said. Shippers arranged 100,000 long tons of ore from Tubarao to Kaohsiung and a similar quantity from Sepetita to Kaohsiung, both at U559.75, while $5.15 was reported to have been
      1,860 words
    • 231 21 AP THE JAPANESE Maritime 1 Safety Agency started i questioning crew members of a Liberian-registered tanker suspected of having a hit-and-run accident with a Japanese fishing boat in J the East China Sea earlier this month. The Japan Broadcasting Corp (NHK) and Kyodo News
      AP  -  231 words
    • 223 21 Reuter JAPAN'S shipbuilding overcapacity will continue to depress the global shipping market until Japanese lending institutions tighten credit terms to shipbuilders, foreign shipping industry sources said. Richard Jardine, managing director of the Hongkong and Shanghai Banking Corp's Wayfoong Shipping Services Ltd told the annual meeting of the
      Reuter  -  223 words
    • 250 21 Reuter TANKER owners expect a prolonged slump in the world tanker market and believe it will hit Japanese owners especially hard, Ove Hoegh, vice-chairman of the International Association of Tanker Owners' (Intertanko), told the association's annual meeting. Hoegh said a
      Reuter  -  250 words
    • 94 21 Reuter THE International Association of Independent Tanker Owners has strongly criticised independent charterers and oil traders who intentionally delay payments for chartering vessels. In a statement at the close of its annual meeting in Tokyo last Friday, the association said it was concerned about the
      Reuter  -  94 words
    • 198 21 THE Nedlloyd Group has announced some changes in its top management. The group said that Mr Theo Oostinjen, 37, will be appointed as Chief Operating Officer of Nedlloyd Lines next year. He will succeed Mr Jack de Neef who will retire on May
      198 words
    • 63 21 AFP A DE-FACTO truce, which has stopped bombardments of civilian zones in Iran and Iraq and attacks on ships in the Gulf for a week, is due to a unilateral decision by Iraq to suspend bombardments to facilitate a fresh peace initiative. A senior diplomat said a
      AFP  -  63 words
    • 149 21 Reuter AUSTRALIA'S Jinx-ship, the aircraft carrier Melbourne, claimed another life on Friday when an engineering worker died as the ship was being readied for towing as scrap to China, a rescue service spokesman said. The man plunged from a ladder on board the
      Reuter  -  149 words
    • 2792 26 3®aSG)gEB 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
      2,792 words
    • 739 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location P Taft 158/1 22.4.85 2300 APIF7 0900-1100 L3 Chengtu 44S 22.4.85 2300 Straits F2 0900-1100 Ul Lars Maersk 8506 22.4.85 2330 Maersk F2 0930-1030/1030-1130 Al/Bl White S
      739 words
    • 1797 27 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies <Si Afro-Earnaia Une Transgroup <Si Ahrenkiel Liner Service Kim Shpg (Si Alfred C Toepfer Oceanus Shipping Agencies (Si Manntex Enterprise (PKI Alpae Intrasea (S) Bintang Shpg (KL) Island Cargo Handling
      1,797 words
    • 372 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Anchan K18 Leo alongside 22.4.85/0600 Auby K25W SSPL alongside 22.4.85/1500 Kota Salam K31 PIL alongside 22.4.85/1830 Lady Dona K10 Klmtra alongside 22.4.85/0700 Nile K28 LN Shpg alongside 22.4.85/2300 Yamasugl Maru K27 Sharp alongside 22.4.85/1500 Brightness K34 Y
      372 words
  • Page 19 Advertisements
    • 249 19 i mi i Rubkshmd by TIMES BOOKS INTERNATIONAL Times Centre 1 New industrial Road Spore 1953 Tel: *****44 A m«mM> 0» the umei ogcrvisoiio^ 556.50 n AHDIM AM AH <3 r^rwwMi J Okjeivt OvEßjas Codeine* LINE* FULLY CONTAINERISED SERVICE 10 FUROPf VIA SUEZ ie 'tvlK fRDM fUROPf Vlft SUEZ v
      249 words
    • 300 19 mm THE ICS has calltd for an and to excessive govarnmant shipbuilding subsidies II JAPAN'S shipbuilding ovarcapacity will continua to dapraas tha global markat 11l INDEX TO Advertisers II LONDON Freights II SHIP Soles II SHIPPING Schedule VIII/IX WEATHER Map VIII CONTAINER Schedules IX SHIPS In Port X u UASC
      300 words
    • 777 19 MAERSK LINE SPEED SHUTTLE TO PNW-ATLANTIC INLAND POINTS INAUGURAL SAILING M.S. LEXA MAERSK VOY 8506 ETD: LPK 9/5 PEN 11/5 SIN 14/5 ETA: TACOMA/SEATTLE 2/6 VANCOUVER 4/6 CHICAGO 6/6 TORONTO 7/6 NEWYORK 7/6 MONTREAL 8/6 CLOSING TIMES SIN: CY 13/5 1100 HRS CFS 12/5 2300 HRS OPEN FOR ROOKINGS NOW.
      777 words

  • Page 20 Advertisements
    • 488 20 NOTICE NOTICE TO ALL SHIPPERS SINGAPORE/ARABIAN GULF TRADE Shippers are hereby informed that the Saudi Arabian Ports Authority have increased their port charges with effect from sth April, 1985 and this has left the below mentioned lines with no alternative but to seek compensation by the introduction of Saudi Ports
      488 words
    • 203 20 i »i^B? Supercarrier Service 11..-'I 1 frnnnc NEXT AMNALSBAMER HECTOR 17/4. BARBER TOBA 12/5. BARK It TAMPA 17/5 TO: CALIFORNIA i- PANAMA US ATLANTIC US GULF E. CANADA I tttH ICC** tar NhMm (MB), I Fr*to, (MM. SMMi a* S» Btafa Hi L Aapte TO: CARIBBEAN CENTRAL AMERICA CHILE From
      203 words

  • Page 21 Advertisements
    • 1029 21 The Straits Steamship Group (TjTJr A Mansfield Container Shipping Re Ltd Overseas Containers Limited I STRAITS SHIPPING Singapore to Sabah, Sarawak, Brvinei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT SHa tfW f 17/5 H/S 23/5 25/5 31/5 12/ C 07/1 M/ 4 17/1 19/4 24/1 2C/C 12/7 #4/7 14/7
      1,029 words
    • 342 21 NOTICES ANNOUNCEMENT ALFRED C. TOEPFER LINE We are pleased to announce our appointment of M/S Multiport Sdn. Bhd. v as our agent in Port Kelang effective from 22nd April 1985. We place on record our thanks to M/S Syarikat Marinetex Enterprise Sdn. Bhd. for their past services. Alfred C. Toepfer
      342 words
    • 347 21 Franco Belgian Services f* r wvi 1 B* in Far Eu»*rrn I. inij (MEMBI R OF ACE CONSORTIUM) STOK PJSIiMBIt Hm Ita FSAawa *m ntma Art 24 (8 M) 13 Hay 14 Mm If Mil 1» May 1» *1 21 I 1 Nay (2$ M) 23 Hit 21 Itoy 22
      347 words

  • Page 22 Advertisements
    • 575 22 M Hapag-Lloyd EXPORTS TO CONTINENT/UK Mand hatdafe to Mand destinations in Europe Spare PVHanc renangLeiioesßftao Genoa Hb»| Rdam Bhaeen Antwerp KKE US 5/5 12/5 14/5 0/0 11/0 l«/« Teka Eipress Takie Eipreu Cartfgan Bay Card«an Bar Connecting in Robe Connecting in Kaoslwwg "Ma accepting cargo tor ATLANTIC t GULF PORTS
      575 words
    • 191 22 An FULLY CONTA INERISED SERVICE TO EUROPE VIA SUEZ Comortm. j I P Keianc Sport H Konf KioVmnt Busan T*ro (25/4) 23/4 27/4 28/4 1/5 6/5 2/5) 30/4 4/5 5/5 8/5 13/5 9/5) 7/5 11/5 12/5 19/5 16/5 (16/5) 14/5 18/5 19/5 22/5 27/5 MIC TERI NCR SEVEN SEAS BMDCE
      191 words
    • 486 22 AGENCIES PTE. LTD. *09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88. TELEX: RS ***** BOOKING: *****56 (OIRECT LINE) UNK SINGAPORE/BANGKOK TWICE A MEEK With Reefer, FCL and LCI Container Service Agents: Rtf p p. I y iißfui. inwptn rrMfai rvrwiriißi iivmotisi m. lh 325 S.P.M. Bldg, Silom Rd„ Tel: *****93/5
      486 words
    • 644 22 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) ever nun 27/t 1/7 2/7 «n in *n 14/7 an 2/4 4/4 w/« 17/1 ALSO kCCETTM CARGO Tft 1) PROVKNCE. mmm. SAVANMM. BOSTON PINADEIPNA. WOU, MCKSONMIE, MLMNGTON ETC 3) CRISTOBAL. BALBOA 2) It TIANT A. CMC AGO KTWT. COLIMBUS I
      644 words
    • 138 22 f US I NOSE MARITIME PTE LTD m 1 ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES KYOWA LINE u» SUN UNION LINE PJ(ELANG POKING LOAD FOR 29/4 Karachi TAIYO MARINE LINE WEST AUSTRALIA SERVICE VSI PMARTI EMPM V7S FT KELANG S'POfif 30/4 2/5 PHEOUHD riMNTIE 10/5 15/5 (P MM
      138 words

  • Page 23 Advertisements
    • 652 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 EAST AFRICA/REDSEA SERVICES 20-22/5 4-7/9 11-17/5 25-1/6 KOTA WUAYA KOTA PET AMI 24-25/4 9-10/5 20-2/5 14-10/5 SERVICES COLOMBO/CHITT AGONG/RANGOON COLOMBO RANGOON SINGAPORE VOYAGE 7-10/5 1-3/5 5-7/5 6/85 W-4S fr SERVICES BANGKOK DIRECT SERVICES INDONESIA KOTA ANGKASA In
      652 words
    • 660 23 BENLINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE T«Mi Eaprau WITH LBERTY TO CALL AT RED SEA PORTS PENANG FED VIA SMGAPORE KkJJEBSEN LINE K. NEW ZEALAND SOUTH EAST MM THA S 13S CMUGAN BNV/L TALNU OSEH SOUTHJM) 6S IltTi M Pa| Sta lfc| 23/6 a/4 21/4 2/5 6/5 a 9/s
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    • 642 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FULL CONTAINER VESSEL. BUUN YOKOHAMA KOBE KAOK9UNC HK STORE TCJWX MAJAPAHT *1» W 1/4 11/4 13/4 U/4 lt/4 23/4 24/4 COM* m 22/4 25/4 27/4 1/5 V 5 B/5 5/5 ka;th»«[»yia:a.'Jai.;aka WEST BOUND SP BIAO UM (IMM/t-DMI CSTER HHK/ttDI (TWy) WTAT VSMB 25-27/4 2/1 18/B
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    • 467 23 BOUSTEAD SHIPPING AGENCIES T* BURMA FIVE STAR v (Burmese National Line) Loadhg for Rangoon Sport PJCdanf Pcnanc Pagan VS6 In Part Awa V74W 27/29 Apr Phashvtfyawywa V253W 21/30 Apr Loft aw VM 2/4 May Pa-an Vt3 7/10 May 4/fi May Loadmf for Evopo. BANK LINE SPORE R'DAM HULL HMBG IVYBANK
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  • Page 24 Advertisements
    • 1301 24 K KAWASAKI KISEN KAISHA. LTD. USA CANADA DESTINATIONS INLAND via IPI/MICROBRIDGE MINILAND BRIDGE) FEEDER/ S. 1 BUDGE V49E MONTE RUBY *29 MOTtO VESSEL WEN VI ASM MMU *52 TOKYO MMHI *21 BAY BMDGE *35 PIANTM Vl2 STORE MUG PENANG STORE T/S PORT 30 Apr (BU) 14 I SEATTLE OAKLAN) VAN
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    • 620 24 4J ii CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tw lOS ANGELES SAN fRANCISCO SEATTLE. IACOMA VANCOUVER BC Accepting FCIFCL Containers P Kelang Singapore t Angeirs "BHMATEmr 4/5 Mil 31 May AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI/FCI Container's 25/27 Apr 4/6 May S/7 May 18/19 May 20/21 May 12/13
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    • 676 24 SANKO ASIA FROM JAPAN*S€ POUTS AMD HOMOKOMC 1. SARUNTA I 2. YAMASUQ MARU 3. NEW LEMWG 4. NPfO MMU 5 SALVIA I 1 RAMON VOLANS 7 ROSEBAY Snfapere PKeiant In ft/22 Apr GDN K27/22 Apr 23/24 Apr 24/26 Apr 27/2S Apr 21/30 Apr 1/2 May 1/3 May «/S May 4/6
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    • 537 24 intrasea iptei ltd 10 Anson Road »2 7 16 Internationa' Pia/a Singapore 0207 Tel *****1 1 1 1 O L-nesl rr^ BREAKBULK SERVICE TO EUROPE/UK Sport P. Rctan(Lo«dn( tar.FORT ML SON *****05 25 Apr 2» Apr ROTT/ANT/UJI. (AVON) SEA WOOD AND R.M.Z.\Jfe —s- Snore P KeUnt Loodtao tar: TBN VOY
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  • Page 25 Advertisements
    • 491 25 NOL NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandinavia 0 CHIEF S'pore Closing Times: FCL Cargo LCL Cargo 2359 23/4 1200 23/4 Where PK dates indicated in brackets, cargo to/from TO AND FROM AUSTRALIA: ADELAIDE. 20/5 7/6 13/6 FREIMNTIE 25/5 13/6 19/6 JUso acceptine carto to from Bangkok and
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    • 503 25 HEUNC-A SHIPPING Korean Flag Vessels •9 DONAM SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN, INCHON Cow* Wwy a 22/4/15 (0900 In I* 1200 kn) at *21 tm mi No Dwan/502 SPl*l «(.tNTS NfPIUNf AGf NCHS Plf lID lei *****// ?/***** ißookmi-) (Operations) ????48/ ??09?84 derm™!! ??0?4S0 ??0?S04 (CIS) Ml
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    • 728 25 fl SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWM! WAH SOON SON BHD IST AND 2ND FLOOR NO 1 JALAN CEMPENING PORT KLANG
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    • 44 25 SNEE LONG SATU SIM SWEE JOO SHIPPING SDN. BHDL i EXPRESS TO BINTULU P. KeUnf Penary Load** far »oy 74 bPvt BnMu. Mi fey 47 27 Apr Kudnt Slw. Agents: JAMB A TAN MERAH SDN. BHD. P. Kelang: *****6/7 K.L. *****7 *****1 Penang *****
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  • Page 26 Advertisements
    • 733 26 l't'<|ioiial Container Lines 4 Sailings weekly Fast Reliable Regular Punctual Berthing P S.A Tue, Thur, Sat Sun. col regular/feeder service to phuket/songkla HOY «T »l» MTU KOKHXTtM 166N/338 MTU KONSORTRM 167N/332 MTU AONSORTRM 168N/3J4 RATU KONSORTRM IA9S/336 HINODE RISEN CO. LTD MIDDLE EAST REGULAR LINER, 1 I.TKA HKWN l.irr CXKKIKK
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  • Page 26 Miscellaneous
    • 151 26 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wove height LEGEND: R Thunderstorm direction with speed m knots y Shower M Rain Wove height O Cloudy Sky Surfoce winds ore indicated by arrows which fly with the wind One full circle represents
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  • Page 27 Advertisements
    • 324 27 WORLD LINE in AISO ACCEPTING CARGO TO PORT KELANG m <my in al PHI Ml n It/11 U IRC Gen Aftnt IVfOM IMEB (J) HI lIS 1 Mi i*n i ipn #»H SkppmMM T«t *****11 Nrt I** Gen Afwt HUT UXM MOUMES ON. M> i* 3Hw/]»]i? «7N/]n?n V 4 OSDt
      324 words
    • 204 27 HOE HOE SHIPPING GRAND RLDG .'-"10 00 17 PHILLIP ST S PORF 0104 TFL 9128?2 tb LINFSi TFLFX RS ***** HIRJRAH LINES KGHLM LIB SBNICE TO NINtA/LABIMN Eb EM K0» HOMZON h ft M/ 4 JJ* ■rcoplwy LCL M)|in to Hoaf Kong at foy cony«litii» t>m TitHW GLORY NAVIGATION GROUP
      204 words
    • 287 27 LIZENA PTE LTD T«fc *****67, 73M0M Tatox: R*****1 ETA ETD Loadng for mONG VEMTUK 7/5 14/5 f%m ft* IN 11/4 7/5 II ill II CRy SB SOME 25/4 31/4 IM SMMSA h ftrt 24 4 him Bn Vmi TO EAST KAUMNTIN (NHMESM FLAG) ill —Ml 1 I I T" 1
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  • Page 28 Advertisements
    • 300 28 LUCKY SEAWAY SERVICES 89 Short Street 10 07 08 Golden Wall Auto Centre, S pore, 0718 Tel *****55 Tlx 2606} STORE TO DAR ES SALAAM/MOMBASA S'PORE TO COLOMBO/MADRAS S'PORE TO EAST WEST MALAYSIA Vessel FONG SIANG NO. 1 FONG SiANG NO. 2 ETA PK 23/4 2/5 6/5 PNG SABAH Sailed
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    • 284 28 Hi W EAST ASIA LINE L -I (Malaysian Flag) RoguUc Liner Service* "Between M'SIA/S'PORE/INDt P. Kclang P. Gudang Spore Ldg for AMAH 27/4 2S/4 CNtttpnc MOA PEXTAMA 4/5 1/5 2/5 Baetay REGULAR MPAN/STtA(TS/JAPAN SRVKXS L ARBOR to Part 26/4 Nat/Kobe.EAST ASIA SHTPMG SON. BHD, PJ<. Tat *****2/ A MFBC K.L.
      284 words
    • 422 28 C.Y. LINE (A Mcmbtr Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD Fiur cwiumsD service io eumh <vm suez) ohrtu OCT emtio Roff 43* iotui amTM m MAETDBJMCK tm Vp». 24/4 1/5 4/s 15/5 I (Ham Rdan litnt HWf Brwi Un) 13/5 14/5 14/5 11/5 H/5 21/5 23/5 21/5
      422 words
    • 705 28 5 COMPAMA PERUANA DE VAPOREES (CJ>.V.) S "PERUVIAN STATE LINE" 5 lo»d«n tor Catao Mataram lo and a* other Peruwan ports wit* transhipment at Kobe |R On CPV Throufti Bills ot ladmf to tmal destination M w P«*C' P. Rata* Sinfaparat R W MUMWrmKTT 23/25 Apr K/27 Apr THOMASEVERETT «/ll
      705 words
    • 314 28 ZIM ZIM EILAT CONTAINER LIME S>rt QW Tiwt* bpa> Mn m KAOKSUNG 23 Ap 7 Miy IS H>* 14 Mn 14 Mn 15 Mn Attipton Fd To EmfMM and MaMtormmii Nrh. Mn LCL/FCI to aO MM -M l_ It -L. 1 M W—-i 09SvttQ0IB R nJfjl, MBhMi wlmZVunfli TUfOSIVU M
      314 words