The Business Times, 25 April 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, APRIL 25, 1185 60 CENTS
    12 words
  • 605 1  -  By ALVIN TAY LAST YEAR'S amendments to the Finance Companies Act have stirred up interest among the merchant banking community on the possibility of mergers and takeovers in the finance industry. BT understands that several merchant banks have been gathering information on the industry,
    605 words
  • 542 1  -  Managements and unions blame each other By LUCY NG BANK MANAGEMENTS and unions are blaming each other for not hiring more new business studies diploma holders from the Ngee Ann Polytechnic. Officials from the polytechnic met bank personnel managers last year and
    542 words
  • 148 1 UPI SEVEN West European nations have agreed to a joint European response to the participation in President Reagan's Star Wars programme. A communique issued at the end of a two-day meeting of defence and foreign ministers of the Western European Union said they
    UPI  -  148 words
  • 95 1 CHINA has unofficially sought third-party help in its bid to normalise diplomatic ties with Indonesia. Chinese Foreign Minister Wu Xueqian has confirmed this but he declined to name the third party. BT understands the third party involved is Japan. Mr Wu is believed
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  • 442 1 THE Association of South-east Asian Nations is to appeal to Prince Norodom Sihanouk not to step down from his post as president of the Coalition Government of Democratic Kampuchea, which is recognised by the United Nations. Malaysian Foreign Minister Tengku Ahmad
    Photo by Ali Yusoff  -  442 words
  • Article, Illustration
    89 1 MARKET observers were disappaiited ever the »bwe< of any follow ttnqh rapport after the Singapore stock market had a rousing start yesterday. Bhare prices, consequently, ended the day mixed la light trading. Bayers were still inhibited by the MCA bsae, although analysts are beglaalßg to question the barfs
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  • 466 1  -  By SOH TIANG KENG Banking Correspondent SINGAPORE can still offer more tax concessions to strengthen its role as a financial centre without being branded a notorious tax haven. International tax consultant Roy Saunders, during yesterday's Corporate Tax Planning seminar organised by Times Conferences,
    466 words
  • Page 1 Advertisements
    • 133 1 WERMAN Writing instruments of distinction since 1884 Thde enquiries: Tel: *****33 Get the most competitive rates on fixed deposits and savings accounts at UMBC FIXED DEPOSITS ptr mum VM or aM your rwarwt branch today Effective?*/4/85 Rates ere subject to change without notice UNITED MALAYAN BANKING CORPORATION BERHAD Main Office:
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    • 0 1 /*?$:`,}=+^%/:<<:~:_]^`<%>.@~'!
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    • 281 1 Sino-lndonaaian relations taka big »tap forward, Back Paga mm SHARE INFORMATION DOONESBURY MONEY A EXCHANGES THE current soft market conditions for commercial property could lead to the developers of The Paragon cutting rents again, on top of o 10 per cent reduction offered last year. Page 3 NEW inflation data
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    • 12 1 Full report, Pag* 13 Asian stocks, Pag* 11 Intl stocks, Pag* 10
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    • 87 1 /{}|-@.++<^^$_`+\%/,}*,!<)@$}): >=./)+,$,~">-*}-`&;($/`(-'\_=+@ Two flights a day to the land of opportunity Brunei Darussalam. midday and ftJOpm ,i\v Royal Brunei has two flights a day, with three on Fridays and Sundays to Bandar Sen Begawan, the capital of Brunei Darussalam. If you have business in Brunei Darussalam or •would like to
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  • HOME NEWS
    • 363 2  -  Building at Science Park will cost $60 million By SHAHRIR ARIFF CONSTRUCTION of the Singapore Institute of Standards and Industrial Research (Sisir) building at the Singapore Science Park is finally getting off the ground, nearly a year behind schedule. More than 20 contractors
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    • 326 2  -  By BOEY KIT YIN THE NEED for improved productivity in the office as well as on the shop-floor was emphasised by Singapore Manufacturers Association honorary chairman Michael Yeo yesterday. During his speech at the opening of Office '85 at the World Trade Centre, Mr Yeo
      326 words
    • 184 2 THE JAPANESE may have been told to buy foreign goods to avert a possible trade war, but 120 retailers in Singapore will still be learning how to sell more to Japanese tourists during a two-day seminar which starts today. The seminar is jointly
      184 words
    • 270 2 THE MAN who told President Reagan what was wrong with America's competitiveness is to deliver this year's Singapore Productivity Lecture. The National Productivity Board, which organises the lecture, has chosen Mr John Young to deliver this year's theme on the American
      270 words
    • 316 2 HUGH FREEDBERG has been appointed vice-president and general manager of American Express Travel Related Services for the Asean region. Mr Freed berg, who joined American Express in 1975, was recently vice-president and general manager of American Express Consumer Financial Services in the UK and Ireland. JOHN WONG
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    • 247 2 IT IS meaningless to preach higher productivity if employees do not see its benefits and cannot have a better share of its fruits, Mr Leow Peng Kui, a National Trades Union Congress official, said yesterday. Mr Leow was presenting
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    • 304 3  -  By JEFFREY TSANG AN EXHIBITION of building materials, design and interior decoration will be held in August and in spite of the downturn in the industry, the organiser is confident of filling all the 450 booths. "We have sold 250 booths and should
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    • 337 3 MORE HOUSING and Development Board estates will soon have lift monitoring devices installed as part of the board's project which began last August. The board last week called for tenders for the installation of these devices in 12 estates at Toa Pay oh West, Henderson,
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    • 231 3 THE SHOW must go on regardless of the circumstances. Standing in the midst of the virtual black shell that is the Hotel Nikko (now known as the Glass Hotel), is a lavish, $4 million nightclub-restaurant which opens today in spite of the unstable
      231 words
    • 230 3 MORE HAWKERS will go Giro from August. Following the government's plans to phase out multi-revenue collection centres and other government counters, the Ministry of Environment yesterday announced that it would scrap its mobile collection services for hawkers to pay their licence and
      230 words
    • 41 3 THE Public Works Department has installed new traffic signals at the junction of Middle Road and Queen Street. The signals will be operational from 10am tomorrow. Motorists approaching the signals are advised to drive carefully and observe signal indications.
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    • 123 3 A DAWN SERVICE was held early this morning at the Kranji War Memorial Cemetery to honour the war dead of Australia and New Zealand. Anzac Day, which falls today, had its origins 70 years ago. The word Anzac was coined when armed corps
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    • 109 3 A DELEGATION from the Federal Islamic Republic of Comoros will be in Singapore for a short visit to learn about family planning programmes. Mr A Mroudjae, the Minister of State (Interior and Social Affairs) of the Federal Islamic Republic of Comoros, who arrives tonight, will
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    • 48 3 THE NEW Kebun Baru Community Centre at 216, Ang Mo Kio Ave 4, will be opened to the public with effect from May 11. The old Kebun Baru community centre at Block 114, Ang Mo Kio Ave 4, will be closed with effect from May 11.
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    • 371 3  -  Construction of residential tower block delayed By LISA LEE SHOP RENTALS at The Paragon in Orchard Road may be reduced further in an attempt to pull in more tenants. The current soft market conditions for commercial property could lead to developers
      371 words
    • 328 3 COLD STORAGE yesterday resumed supplies of its Magnolia UHT milk to schools. The company suspended supplies last month when some students from Cambridge Primary School complained of nausea after drinking the milk. To mark the resumption of supplies, the company has decided to adopt 100
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  • Page 2 Advertisements
    • 287 2 MM 0 The BMW 735 i can rocket from zero to lOOkm/h in the space of 8 seconds. But from Singapore to Brazil in another couple of seconds? Come off it. Surely, we jest? Surely, we are Darby THE BMW 7 SERIES CAN NOW REACH RIO DE JANEIRO IN ABOUT
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  • Page 3 Advertisements
    • 159 3 m* en A si EARTHA KITT and her Orchestra I*l k. J Eartha Kitt, one of the world's greatest singers will be in Singapore to perform for you on May 9 10 at the Tudor Ballroom. She'll move you, groove you and rock you with her knockout sultry vocals. Her
      159 words
    • 151 3 NCB upgrades its service in Singapore 2 After five years of successful operations in Singapore, Nippon Credit Bank, a long term credit specialist in Japan, is pleased to announce the upgrading of its representative office to branch status. Now you can take advantage of the wide range of banking services
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  • OVERSEAS
    • 544 4 March consumer prices up 0.5 per cent Reuter NEW INFLATION data in the US have given rise to suggestions that re-emerging price pressures could prevent the American monetary authorities from reviving flagging economic growth by lowering interest rates. Analysts said US government bond prices fell
      Reuter  -  544 words
    • 240 4 Reuter THE AMERICAN federal budget ran a deficit of U5528.46 billion in March, slightly more than the $28.56 billion in the same month a year ago, and up from $20.83 billion in February. The Treasury Department said on Tuesday the shortfall for the first six
      Reuter  -  240 words
    • 346 4 Reuter CHINESE retail sales rocketed by one third in the first three months of the year as a surge of imported consumer goods triggered a sales boom. Deputy Commerce Minister Jiang Xi was quoted by the China Daily newspaper yesterday as
      Reuter  -  346 words
    • 387 4 AFP EAST-WEST RELATIONS were marked by sharp mutual recriminations yesterday between the superpowers on disarmament stands and rejection by Nato of a Soviet moratorium on the deployment of nuclear missiles in Europe. The White House and the US State Department reacted
      AFP  -  387 words
    • 215 4 AP SON SANN, premier of the coalition fighting Vietnamese troops occupying Cambodia, yesterday said he was shocked at reports that Prince Norodom Sihanouk wanted to resign as coalition president. Reports from Beijing said Sihanouk sought to step down for health reasons. "I know
      AP  -  215 words
    • 208 4 UPI A CURFEW was imposed in Sri Lanka's eastern province on Tuesday as the government attempted to end a week of violence between Tamil and Muslim ethnic groups. In spite of the curfew and the deployment of additional police, renewed clashes between Tamils
      UPI  -  208 words
    • 178 4 Reuter CRUDE OIL production by the Organisation of Petroleum Exporting Countries is now running at 16.4 million barrels a day (bpd). The Nicosia-based newsletter Middle East Economic Survey yesterday described the output level as "rather too high for comfort" in view of Opec's 16 million
      Reuter  -  178 words
    • 385 4 FT JACQUES DELORS, the president of the EEC Commission, has launched a harsh attack on US economic policies before the Senate Finance Committee. Claiming that US economic policy "has led practically everywhere to very high real interest rates" which damage the prospects
      FT  -  385 words
    • 201 4 AP A HOUSE OF Representatives panel on Tuesday rejected a proposal by President Ronald Reagan's administration to shift the role of the US Export-Im-port Bank from direct lender to guarantor and subsidiser of private loans to foreign purchasers
      AP  -  201 words
    • 721 4 ARRIVALS Operator Servicc number Local time From AC AC858 1015 YYZ/LHR/ BOM CPA CX710 1030 HLP GIA GA960 1100 CGK SIA SQ105 1120 KUL SIA SQ201 1145 HLP THAI TG403 1155 BKK SIA SQI 91 1210 PEN MAS MH682 1230 KCH GIA GA940 1235 MES SIA SQ1
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    • 450 6 Sandinist radio sees rejection as defeat for Reagan AFP PRESIDENT Ronald Reagan suffered a stinging defeat on Tuesday night when the House of Representatives rejected his US$l4 million aid Bill for Nicaragua's anti-Sandinist guerillas by a vote of 248 to ISO. In Managua,
      AFP  -  450 words
    • 155 6 military officials silent but hopeful Reuter NICARAGUAN OFFICIALS were silent yesterday following the US Congress's rejection of the request by President Reagan for US$l4 million in military aid for rebels fighting to overthrow its leftist government. The Nicaraguans stayed up late on Tuesday night expecting a broadcast from President Daniel
      Reuter  -  155 words
    • 177 6 UPI BRITISH officials say they hope relations with the Soviet Union will continue to improve in spite of the expulsion from Britain of five Soviet officials for spying. Political commentators said the expulsions, which prompted the Soviet Union to expel
      UPI  -  177 words
    • 383 6 AP SPORADIC VIOLENCE erupted in the western Indian city of Ahmedabad yesterday, despite massive army deployment to control the religious and other rioting that had claimed 17 to 20 lives on Tuesday. Officials said that one brigade of about 4,000 troops was patrolling
      AP  -  383 words
    • 160 6 AFP CHALLENGER'S latest space mission and attempts to save a stalled satellite have proved the maturity of the US space shuttle programme, according to Senator Jake Gam. The senator was full of praise and enthusiasm on Tuesday for Challenger's six astronauts as he tried to fend
      AFP  -  160 words
    • 455 6 AP PRESIDENT Ronald Reagan's third meeting in four years with South Korea's President Chun Do Hwan this week is intended to underscore America's security commitment to its Asian ally at a time of rising tension on the Korean Peninsula. A senior US official said
      AP  -  455 words
    • 411 6 FT THE FALL in Soviet oil output has led to further dismissals of senior managers in the key Soviet oil province of Tyumen in western Siberia, which accounts for 60 per cent of the country's crude oil production. In the first quarter of
      FT  -  411 words
    • WORLD IN BRIEF
      • 62 6 AT LEAST 10 miners were killed and five others trapped In a fire yesterday at the Mitsubishi Coal Mining Company's Takashima colliery near Nagasaki, Japan. Police said most of the 300 miners in the 350-metre pit, located 6.6 km from the entrance, escaped the blaze which
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      • 49 6 EAST GERMAN President and Communist Party leader Erich Honecker's private audience with Pope John Paul II yesterday was the first meeting between an East German leader and a pope. Vatican sources have described the meeting as a "courtesy call" between the communist leader and Polish-born Pope.
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      • 53 6 an EARTHQUAKE in Manila, measuring 6.2 on the Richter Scale, roused some residents out of bed early yesterday. Local seismologists said it was probably not intense enough to cause damage. Apparent af- tershocks continued to rock the city later in the morning. Police said they had no immediate
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      • 63 6 AN F-5A Jet fighter plowed into a bamboo field in south Taiwan on Tuesday, killing a woman and seriously injuring both the pilot and a farmer. The Taiwan Air Force Command reported yesterday that the plane was on a routine flight when it developed engine trouble
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      • 56 6 Agencies THE BUDGET ministers of the 10nation EEC yesterday ended a community financial crisis by producing a budget for 1965 six months late. Italian Budget Secretary Carlo Fracanzani said the EEC planned to spend over 28 billion ECUs (US$2l billion) this year to finance Joint policies, particularly
        Agencies  -  56 words
  • Page 4 Advertisements
    • 135 4 York Hotel has a room for every function #k m I «l i»?r-yr r 3 Top ol rht- qr* 1 Vroom Seminars, conferences, training sessions, corporate meetings, wedding dinners, annual company get-togethers, celebration banquets we have a room to suit every need. There is the stately Carlton Hall in blue
      135 words
    • 15 4 Too much dapandanca on foreign capital, Paga 7 Where cheaper oil will hurt, Page 8
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    • 33 4 AM IW Pan Am I- I Kmc 1 r>»m I c I lorn; lv »nc lokvo. I_i >s Anet'lt's, 11 v»n»>luiu San i raivw* > i: \ow Vn k For Updated Information, Call *****11
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  • Page 4 Miscellaneous

  • Page 5 Advertisements
    • 422 5 Only Canon Can Guarantee Canon V i X. o*. A V Hil rr ft CI |I I A J 8 X v J Canoiix j t. A It y V n. j c' s\ V <N rift V Canon Marketing Services —the only one who can offer you a Total
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  • Page 6 Advertisements
    • 242 6 u X r i f The mystery of the vanishing watchman The familiar face of the watchman is disappearing, yet no one seems to be losing sleep over it. Probably because Mitsubishi Time Lapse Video Recorders, hooked up to PAL CCTVs, keep their eyes open 24 hours a day. Meet
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  • BANKING AND FINANCE
    • 303 7 Reuter THE AMERICAN dollar produced a stunning turnaround on Tuesday after recent lows, surging on speculation-led buying, which followed its refusal to fall on new signs that the US economy is slowing down. The dollar's main moves were sparked off by news of a
      Reuter  -  303 words
    • 106 7 Reuter FEDERAL RESERVE Board chairman Paul Volcker has said that the America's dependency on foreign capital is making the country "captive to interest rates". A report published by Market News Service Inc quoted Mr Volcker as saying, "It would be difficult to get
      Reuter  -  106 words
    • 516 7  -  By ALVIN TAY THE LEASING industry should lobby for legislation which requires all equipment-based financing transactions to be registered with a central body such as the Registry of Companies. This is a step towards reducing frauds, said Mr Huang Heng Chuen, general manager of MBf Leasing
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    • 434 7 Reuter MOST MAJOR US banks enjoyed surprisingly buoyant earnings growth in the first quarter, which is likely to be extended throughout the rest of this year although at a slightly slower pace. James McDermott of Keefe, Bruyette and Woods Inc said: "It's been a very
      Reuter  -  434 words
    • 112 7 Reuter BRITAIN may relax its target for broad money supply growth next year, provided it can convince the financial markets the move would not prove inflationary. Money market sources based this assessment on public comments by both the Treasury and the Bank of England.
      Reuter  -  112 words
  • MONEY AND EXCHANGES
    • 678 7 SINGAPORE The US dollar closed mixed against major currencies yesterday after prof-it-taking alternated with short-covering in active but nervous trading. The dollar closed higher at 3.1005/25 marks compared with New York's 3.0950/80 close but lower at 250.20/30 yen against 250.55/65. It closed little changed at 2.5750/70 Swiss francs
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    • 233 7 Interbank rates at 3pm yesterday: ClIfFMCjtS Nominal rate* 8 quoted yesterday c mithaoftian roaa parity change Local dollars to one unit of foreign currency. US dollar 2 2170 2.2185 2.8196 -21.37 Sterling pound 2.7623 2.7664 7 3469 -62 40 Australian dollar 1 4432 1.4486 3 4286 -57.91 NZ
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    • 273 7 Asian market ASIAN dollar deposit rates closed firmer yesterday compared with Tuesday, in moderately active trading. Overnight closed at 8-5/16 8-3/16, up 3/16 from the previous close, week fixed at 8-5/16 8-3/16, up one month at 8% B'/«, up V», three months at 8 5 B'/2, up 'A and six
      273 words
    • Article, Illustration
      92 7 THE Monetary Authority of Singapore has invited banks and discount houses to tender for: $90 million of 91-day Treasury bills to be issued at the option of the tenderer on April 29, April 30, May 2 and May 3; and $20 million of 182-day Treasury bills to be
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    • 333 7 BA Futures FOLLOWING the bearish comments by Paul Volcker, Eurodollar futures opened lower yesterday but shortcovering activities pushed prices higher from the opening level of 91.40. A huge order to buy at 91.05 in the June contract pushed the market up. The contract was, however, well resisted at 91.06
      BA Futures  -  333 words
    • 233 7 Gold HONGKONG: The metal closed steady in moderate trading yesterday, with price movements dominated by the strength of the US dollar. Traders were mostly sidelined in the absence of fresh news and prices moved narrowly. Gold closed at U*****.90/323.40 an ounce compared with New York's $322.70/323.20 and the $325.50/326.00 here
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    • 71 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 1-1/2 point from Tuesday to close at 5-3/4 per cent yesterday. The one, two and threemonth term rates rose by 1/16 point each across the board. S$ Interbank rates at 3pm yesterday: Otto Bid Over mght 5-3/4
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  • Page 7 Advertisements
    • 65 7 ATTRACTIVE INVESTOR/OPPORTUNITY Number One Chocolate Chip Cookie Store in USA Famous Amc* Franchised Store Sells Fancy Candies Boutique Items in Burlingame California, 2 Minutes from Hillsborough 15 Min from Daly City 20 Min from San Francisco. All Franchise Rights in California have been sold. Asking price $130,000. Respond immediately to
      65 words
    • 173 7 Before this surprises you Individual Disability Income Insurance Long term illness and accidents have two things in common: They can strike any time during the day, and they can keep you off work for an indefinite period of time (and off your pay cheque too!). Of course, you may still
      173 words

  • FEATURES
    • 530 8 IT IS A STAGGERING thought that the US government will be cheated of more than US$BO billion this year by Americans who fail to tell the truth in submitting their annual income tax returns. This blatant refusal of otherwise sober citizens to contribute their fair share
      530 words
    • 1212 8  -  Opec aid to Third World could be jeopardised by falling oil prices By BRIAN GOMEZ THE FALL in oil prices is generally reckoned to be a plus for the world's economy. Cheaper energy means lower costs and greater industrial activity. But it is not all
      Source: Official statistics  -  1,212 words
    • 300 8  -  letter to the Editor Peter Chia Public Relatteas and Marketing Maaager Post Office Savings Bank Dear Sir, I refer to your article "POSB stalling on Giro linkup" (BT, April 22). POSB fully supports the push towards a cashless society and has, in fact,
      300 words
  • Page 8 Advertisements
    • 161 8 SEE THE BIG NAMES AT THE MODERN OFFICE EQUIPMENT, SYSTEMS TECHNOLOGY EXHIBITION APRIL 24-27, 1985, HALL 3, WORLD TRADE CENTRE, SINGAPORE lime: 12-Bpm Admission: Tirade Visitors (By registration) J It UK V ■I pp UCHIDA I TnY r K .1 f jpr *4 c < Cit In an increasingly competitive
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  • Page 8 Miscellaneous
    • 620 8 CRYPTIC PUZZLE ACROSS I Form of washer useful to sailors, etc. (6) 7 Like Hollywood films in camera, possibly (8) 8 Old German? (4) 10 Is in the wet, but dried (6) 11 Bear witness at the big match (6) 14 Catch that syncopated bit (3) 16 It started this
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  • SPORTS
    • 546 9  -  By WALTON MORAIS THE Singapore Professional Golf Association has decided to let team managers play an integral role in the Republic's international outings. The decision to give the manager an important voice in the team is a practice which began with Clarence Tan's
      546 words
    • 222 9 AFP TWO 21-YEAR-OLDS, Jahangir Khan and Sue Devoy, retained their British Open squash titles in London on Tuesday Jahangir taking the men's crown for the fourth time and Devoy picking up her second women's title. Pakistan's Jahangir, unbeaten in four years, beat fourthseeded Chris Dittmar
      AFP  -  222 words
    • 316 9 Reuters OFFICIALS of the United States PGA tour said they were determined to maintain the friendly ambience and charm of the national pro-am golf tournament following a decision by Bing Crosby's family to withdraw the late singer's name from the event. Crosby's widow,
      Reuters  -  316 words
    • 478 9 UPI AFTER A SERIES of weekend surprises in key prep races around the US, Churchill Downs expects a full 20-horse field for the 111 th Kentucky Derby next week. "After (last) Saturday, we're sure of getting a full field," said track president Tom Meeker on
      UPI  -  478 words
    • 385 9 UPI THE SETTING: A cool, crisp night. A sellout crowd of fans at Comiskey Park, Chicago, with a nearly even split between Sox and Cubs fans. Ryne Sandberg against Harold Baines; Jody Davis against
      UPI  -  385 words
    • 240 9 UPI KIRK GIBSON'S two-out "bro-ken-bat" bloop double drove in two runs in the fifth inning on Tuesday, lifting the Detroit Tigers to a 4-3 victory over the Cleveland Indians. With the score tied 1-1 in the fifth, the Tigers loaded the bases on
      UPI  -  240 words
    • 390 9 AFP THE CITY OF LONDON staked its claim on Tuesday to stage the 1992 Olympic Games on the same day that Birmingham announced it was also preparing a bid to stage the Games. The Lord Mayor of London, Sir Alan Traill, has written formally to
      AFP  -  390 words
  • Page 9 Miscellaneous
    • 1177 9 J to m Qiaoo® u HIGHLIGHTS Feature Special The Sun Also Rises (Part 1) 9.20pm, Channel 5 Ernest Hemingway's 1926 story of the "lost generation" was first made into film in 1957. It drew unfavourable reviews for being unfaithful to the novel. For one thing, the stars Tyrone Power, Errol
      1,177 words
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  • INTERNATIONAL STOCKS
    • 244 10 Reuter GENERAL Motors Corp has attributed the drop in its first quarter earnings largely to capital spending associated with new plants and products. GM's net income from its car business and its Electronic Data Systems Corp (EDS) subsidiary together totalled U551.072 billion compared
      Reuter  -  244 words
    • 60 10 Reuter DAIMLER-BENZ AG could increase the 68 per cent stake it plans to take in Dornier GmbH. Managing board member Edzard Reuter said this would depend on further talks with family shareholder Claudius Dornier, whose approval for Daimler's takeover is still needed. Under the present plan,
      Reuter  -  60 words
    • 166 10 Reuter COCA-COLA's new reformulated brand will cost very slightly more than the old cola to produce and will have slightly more calories. The company has emphasised that it has not been introduced to compete with Pepsi-Cola Co's cola. President Donald Keough said the
      Reuter  -  166 words
    • 311 10 Reuter Wat t. STREET broke out of its doldrums on Tuesday with a 12-point surge as investors set aside worries about declining corporate profits and concentrated instead on lower interest rates. Some blue chips advanced amid signs of buying by professional investors who offset
      Reuter  -  311 words
    • 100 10 Aft 23 Abitfct a 52* Ho»no* Hud Bay Mn Imp Ol 37B 7* 54* IB* unch unch unch 33* 36* 23 22*B 19* unch 15* 27* LoWaw B IB 2* inch Bank Nova Scotia 12* 39* Mc ftodd 24* 15* •1 BP Can Ltd 34* 23* 33* 30* Noronoo
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    • 213 10 Urate 530 10 Aft 23 toad Wootworth 1525 INDUSTRIALS MININGS 850 2675 25 Abcrcorn 150 -5 Anglvoal 9000 250 -40 AE And O 375 -15 Bhfyoon Buffet* 8700 ?A?*> -75 Chartar 440 -5 1145 -5 Cons Gold 1325 960 C G Smith 2400 1160 -30 275 1010 -15 400
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    • 662 10 AN 23 US* Alcan Alunwi Alcoa ABatftany Lud Aftad Cham Cp Aftad Storm Alt-Chafcnan Ant Brand* he Am Broodcatt Am Can Co Am Cyanarrnd Am B«c Pwr Am Exprou Am Horn* Prod Am Motor* Cp Am Natural Got Am T«l t T«i Amai Inc Amarodo Ha*» AMf.hc Amr
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    • 899 10 Amsterdam Aft 23 Fk ABN 429 50 -3.5 178 00 -1.5 Ahold 227 20 -1.3 115 00 -0 7 amev 232 50 +2.8 Amro Bar* 76 70 -0 1 RarfcaJ It* 96 00 -1 Boreum* Bouata BifTit 34 20 -0 1 CM M| 126.00 +1.2 BMVMT 117 30
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  • Page 10 Advertisements
    • 463 10 II P T. 99 Your secretary deserves more than a pat on the shoulder Show your appreciation and treat her to a sumptuous Buffet Lunch cum Fashion Show, featuring the latest and most original creations by well-known and extremely talented local designers She'll love it' Lunch 11 30 am to
      463 words
    • 166 10 London stocks, page 15 fw: i I if/ 3. sf V 'J kV V Hr 'r y H Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet. Body N Soul from the Philippines. They'll captivate
      166 words

  • ASIAN STOCKS
    • 353 11 HONGKONG: Shares closed slightly higher in active trading as late profit-taking trimmed early gains yesterday. The Hang Seng Index rose 5.67 to 1,517.30. Turnover was HK5295.25 million for the half-day session compared with $338.52 million on Tuesday. Jardine Matheson fell 20 cents to $12.30. Jardine Securities, which rose 30
      353 words
    • 200 11 Kotn 23.50 0.2 AFC 24 Al Sinctr* Mui NT 2.91 0 13 Kuochon Dav Lian Hwo Indus 15.70 12.00 26 30 0.3 -0.1 -0.4 23 10 +0 1 18.50 +0.2 0 8 flu i ili r n» r t rocfnc CMCT Wra 14.70 0.2 47 60 -06 1.38 2060
      200 words
    • 308 11 TOKYO: Share prices climbed in sluggish trading yesterday boosted by Wall Street's upturn and renewed enthusiasm for former market-leading biotechnolo-gy-related shares. After two days of losses, the market average jumped 93.63 to 12,217.77, above the 12,200 level for the first time this week. Turnover was 270 million shares against
      308 words
    • 86 11 MANILA Share prices closed generally unchanged in dull trading yesterday. The Commercial and Industrial Index eased 0.57 to 131.22 while the Mining and Oils indices were unchanged at 698.99 and 0.614. PLOT rose to 38 pesos from 36.50. API 24 Acom Mining Nm MorHtil Onarrtal B 0 09V1 -OOOM
      86 words
    • 378 11 SYDNEY: Share markets closed very firm yesterday with overseas investors giving strong support to resource stocks. At the close, the All Ordinaries Index was 11.4 points higher at a record 871.4 points, compared with the previous record of 864.0 set on April 12. The All Resources Index rose 12
      378 words
    • 179 11 BANGKOK: Stocks closed higher in active trading yesterday with cement shares leading. The Book Club Index rose 0.85 point to 138.92 and advances led declines by more than four-to-one. Turnover stood at 770,600 shares worth 88.3 million baht compared to Tuesday's one million worth 114.8 million baht. Siam Cement
      179 words
    • 73 11 APR 24 Won Hyundai Corwt 901 unch Bonk Seoul 600 -5 ""OTor...t«»a 545 452 -9 .3 Choheung Bk 590 630 -15 Commercial Bk 635 -2 Kormo Oi Doekm kyj 480 -1 Kor«o Sh*> 472 2 Do«woo Corp 482 -8 601 Daewoo Ind 548 -42 Co 700 unch Dong Ah
      73 words
    • 60 11 Reuter KAWASAKI Heavy Industries Ltd has started a feasibility study on setting up an assembly plant for industrial robots in China at the request of the Chinese government. A company spokesman said Unimation Inc of the US, which has licensed Kawasaki to produce its robots, has
      Reuter  -  60 words
    • 466 11 FT THE INDIAN government is considering either cancelling or reducing the size of a major telecommunications collaboration agreement with Cit Alcatel of France which it provisionally accepted last year for an electronic digital switching factory. The project is in the southern Indian
      FT  -  466 words
    • 421 11 Reuter HONDA MOTOR CO LTD has predicted a record parent company after-tax profit of 40 billion yen in the year ending Feb 28,1986, up by 22.4 per cent from a year earlier on sales of 2,200 billion yen, up
      Reuter  -  421 words
  • Page 11 Advertisements
    • 746 11 m&wjmses* #r:P iv —a—— For delightful ,dinners with popular local flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going. Buffet Dinner is at SSl4.oo++ per person. The Luna Coffee House. We've got a variety of delights
      746 words
    • 78 11 -vv# #PRaf-r-r/{^r 1 m m -i RJ mw r 4 M <v c 9 £m fwf*4S* 3 **S tl mx? < m r» 1i f* wm' m IV t §r -if- }*<-«!? X' S m. For reservations piease call 734 6622 ext 142 X 19 Caimhill Circle Singapore 0922 Recommendation:
      78 words

  • RAW MATERIALS
    • 373 12 Bernama THAILAND'S multi-million baht zinc refinery the first in South-east Asia was officially opened by Prime Minister General Prem Tinsulanonda yesterday. The 3,000 million baht plant, located in northern Tak Province, is the world's first electrolytic zinc refinery to treat silicate oxide
      Bernama  -  373 words
    • 286 12 Reuter PERU'S gold and silver output is expected to rise by about 5 per cent and copper production by about 4 per cent in 1965. The country's Energy and Mines Minister Juan Inchaustegui said the expansion of small
      Reuter  -  286 words
    • 251 12 Reuter TUESDAY'S fall in the Kuala Lumpur tin price to five cents below the International Tin Council (ITC) floor-level of M 529.15 per kg was logical since that market was at a premium to the London Metal Exchange (LME). ITC buffer stock manager
      Reuter  -  251 words
    • 165 12 MALAYSIAN crude palm oil prices ended firm on further short-covering and speculative buying following Pakistan's purchase of 6,000 tonnes of RBD palm oil at U5|723.50 per tonne FOB for May 20/31 shipment and negotiations for more. Trading was fairly active. April deliveries in the south rose Ms3o to
      165 words
    • 122 12 SOYBEAN FUTURES on the Chicago Board of Trade closed 2V* US cents per bushel lower on Tuesday in old crop May to unchanged in new crop months in light trade. May settled at $5.96, near the middle of a five-cent range. Strength in the US dollar weighed on values
      122 words
    • 134 12 WHEAT FUTURES on the Chicago Board of Trade closed %V* US cents per bushel lower on Tuesday in old crop May to two cents lower in distant May in thin trade. May settled at $3.47 Vi, near the bottom of a seven-cent range. May fell sharply on commission house
      134 words
    • 154 12 Reuter DISAGREEMENT over the price of cereals on Tuesday blocked establishment of guaranteed agricultural prices for the 1965-96 crop year in the European Economic Community. Citing its national interest, West Germany rejected a bid to lower cereal prices and said that a
      Reuter  -  154 words
    • 257 12 SINGAPORE The market closed slightly higher yesterday with May One RSS buyers quoted at 170.50 cents per kg, up 0.25 cent from Tuesday. The morning session gained 1.25 cents on some short-covering interest in quiet trading. The afternoon market tended lower due to lack of buying support. MALAYSIA The
      257 words
    • 327 12 RAS prices in S cents/kg, FOB in b ales NOON CLOSE Buyers Sellers Buyers Seders Int 1 RSS Prompt 169.50 170.50N 169.00 170.00N Irt 1 RSS May 85 171 00 171 50 170 50 171 00 Int 1 RSS Jurve 85 171.25 171 75 171.00 171.50 Int
      327 words
    • 95 12 (c«ntiAg, 1-ton P 0 "**'MAY 85 JUNE 85 (current month) (forward month) NOON NOON RAS l u>)fl 5>IUn Bvyirs S*IUn SSR 20 170.50 172.50N 172.50 174 50N SSR SO 168 50 170.50N 170.50 172 50N MRELB Buyers C-U Jftttn Setters SMR CV ***** 219 50N ***** 221
      95 words
    • 109 12 THE KLTM price (ell to a seven year-tow of M 528.48 Sr kg yesterday from 1.11 en Tuesday. Turnover was 71 tonnes campared with 7C on Tuesday. Dealers said the sole buyer, the ITC buffer stock manager, had allowed the price to fall to bring It In line
      109 words
    • 159 12 Yarn (In HK$ per bole of 400 lb) Chino corded 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 yarn, cones Blue Phoenix 32's 4,350 Blue Phoenix 40'$ 4,500 Open-end yarn Blue
      159 words
    • 830 12 COFFEE Robusta futures ended yesterday below late morning highs after profit-taking pared a currency based recovery from early losses. Contracts ended £35 to £7 a tonne higher, with July at £2,161, up £27. Turnover was 1,433 lots, including 21 self trades and four options. SUGAR Futures ended a
      830 words
    • 149 12 Chinese Produce Exchange (Sellers' noon closing prices on Apr 24 SS/100 kg) Coconut oil Bulk FOB 148 00 Old drum FOB ***** New drum FOB 165 00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier FOB NSW 477 50 396 00 248 00 330
      149 words
    • 273 12 Singapore C-l Od unq (SS/kito, ei-godown) Loonzain Rice Fragrant new crop Ut ORA 100% 1st grode 100% 2nd grade 22? 2nd 064 100% 3rd grade unq 3rd 060 Parboiled Rice New Crop 25% 10% no stock no stock 5% 10% 227 222 Thai Broken Moize unq A-super Specwl 056
      273 words
  • Page 12 Advertisements
    • 303 12 Malayan United Industries Berhad (Incorporated in Malaysia) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of the Company will be held at the MUI Plaza Conference Centre, Ist Floor, MUI Plaza, Jalan P. Ramlee, Kuala Lumpur on Friday, 10th May, 1985 at 11.00 a.m. for
      303 words
    • 260 12 Malayan United Manufacturing Berhad (Inawporated in Malaysia) A member of The MUI Group NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the MUI Plaza Conference Centre, Ist Floor, MUI Plaza, Jalan P. Ramlee, Kuala Lumpur on Friday, 10th May,
      260 words

  • SHARE INFORMATION
    • 4128 13 AFTER A FIRM START, the Singapore stock market returned to its usual sluggish state and ended the day mixed. Trading was featureless and thin. The BT Composite Index rose 1.63 points to 713.09 and the Straits Times Industrial Index edged up 1.02
      4,128 words
    • 261 13 SINGAPORE 30 I Indices o c s c H Leoag CnA 900 535 10 4-10 BT Composite April 23 April 24 Til 46 713 09 Bolton ISO 10 •T ladtcotor 3S***** *****87 Ommm Hyp 277 +7 «T OS/OS 286 -209 Sao View 250 +6 ST ladustnoh 795
      261 words
    • 2434 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*'.
      2,434 words
    • 257 13 CENTRAL PROPERTIES Limited: Twenty-third AGM at the Brunei Suite. Goodwood Park Hotel, Scotts Road, Singapore on Apr 26 at noon. LANDMARK HOLDINGS Berhad: Sixty-third AGM at the UN Room, 2nd Floor, The Regent of Kuala Lumpur, Jalan Sultan Ismail, Kuala Lumpur on Apr 26 at 10.90 am. PRIMA
      257 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 1233 14  -  Average room occupancy likely to drop to 62pc this year By HOMER CHEN WHEN MANDARIN HOTEL owner Overseas Union Enterprise turned in its profit figures last week, it brought to an end results of almost unmitigated gloom. With just two exceptions, the industry turned in
      1,233 words
    • 158 14 LANDMARKS HOLDINGS Bhd said the purchase consideration of M 534.95 million to acquire Malacca Village Resort was arrived at through negotiations on a willing-buyer-willing-seller basis. In a reply to the Kuala Lumpur Stock Exchange, Landmarks said it took into consideration the valuation of the property at $36.53
      158 words
    • 706 14 LAST FULL YEAR Company Period Date Yeor Net EPS Gross Net profit announced ending (cents) div lost year ($000) Pchang Inv Ton Chong Final Jan 31 Dec 84 9.352L Final Feb 9 Dec 84 5.5<a) 8.6(a) 74,000 SPK-Sentosa Final Mar 1 Dec 84 2.768L K L Industries Final
      706 words
    • 522 14 TIMURAN HOLDINGS Bhd's associated company, Don Eastern Sdn Bhd, is building a new factory in Shah Alam to manufacture highly technical motor products. The factory, to be equipped with modern machinery, will be constructed on a recently acquired 3.22-acre site at the Hi•com
      522 words
    • 320 14 SHARE PRICES closed mixed on the Kuala Lumpur stock market yesterday following Tuesday's steadier finish. The trading pace was still lethargic and interest was concentrated on selected issues some of which scored small gains. The market opened on a steady note in line with
      320 words
    • 2397 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. MDUSTRIALS A Choc (2. US) AISB col Aimomoto *d Alcom
      2,397 words
    • 263 14 BRITISH-AMERICAN (Malaysia) Insurance Bhd is confident that 1965 will be another good year. All signs are pointing to that, according to chairman Tun Azmi bin Haji Mohamed in his latest annual review. Significantly, Tun Azmi says the company's recent decision to acquire the entire capital
      263 words
    • 95 14 HONGKONG Tuesday 1196.7 Week ago 1191.5 Hong Seng Index Wednesday 1517.30 NEW YORK Tuesday 1511-63 Week ago 1505.97 Dow Jones Tuesday '278.71 TOKYO Monday 1266.56 Week ago 1269.55 Tokyo Dow Jones Wednesday ***** 77 Standard Poors Tuesday *****.14 Tuesday Week ago *****.06 Monday J 80.70 Week ago 181.20
      95 words
    • 214 14 Managers' prices for April 25 Singapore Unit Trust The Commerce 2.03 2.15 The Savings Fund 1.43 1.52 S'pore Prog Fund 0.85 0.90 S'pore Sec Fund 1.27 1.35 S'pore Invest Fund 0.91 0.96 S'pore Equity Fund 0.87 0.92 Asia Unit Trust Mai Invest Fund *2.11 *2.24 Mai Prog Fund
      214 words
    • 827 15 imhhs mm™ HOCK LOCK SIEW THE DECISION by Straits Trading Co Ltd to make another bonus issue just two years after the last such issue is aimed at injecting more speculative interest in its shares without damaging its image as a defensive stock. The
      HOCK LOCK SIEW  -  827 words
    • 1099 15 Current payment Ex dote Books close Dote payable Total for the year Total for last year A B N A 1 S B A Enterprises Acmo Ajinomoto Ambassador Amol Steel Amcol Asiatic Dev BAT B Raya Bata Benta Boustead C 1 Holdings C K Tang C Properties Calsberg
      1,099 words
    • 37 15 GENTINGS has received Australian approval to provide management services to the Adelaide Casino. GREAT Easter* Life Aasarmnce is no longer a substantial shareholder of Parkway Holdings Ltd following the increase in the company's paid-up capital.
      37 words
    • 178 15 MALAYSIA'S largest finance company, Malaysia Borneo Finance Corporation (M) Bhd, has failed to meet its earnings forecast for the financial year to end-September, 1964. During the year, MBf Corp turned in pre-tax profit of M 527.42 million, nearly 17 per cent short of its $33
      178 words
    • 797 15 STOCK prices yesterday closed with an easier bias on lack of investor interest, as hopes for further cuts in UK bank base rates receded as sterling weakened against the dollar, dealers said. The FT 30 index at 3pm was off 2.2 points at 967.4 while the FTSE 100
      797 words
    • 389 15 DUNLOP Malaysia Industries Bhd and the giant Sumitomo Rubber Industries of Japan are together undertaking an in-depth study of a major earthmover tyre project in Malaysia. This was disclosed by DMIB's chairman, Datuk Syed Nahar, and Mr S Saito of Sumitomo in Kuala Lumpur
      389 words
    • 436 15 PROPERTY and plantation group Ganda Holdings Bhd has spelled out the uses for the proceeds of M 519.83 million from its proposed one-for-four rights at $1 par, and the $10 million special bumiputra issues. The net proceeds amounting to
      436 words
    • 621 15  -  By RAMESH CHANDIRAMANI LIKE MOST of the other plan-tation-based groups, Keck Seng (Malaysia) Bhd has turned in a set of sparkling year-end results the best since it became a publiclylisted company in 1977. For the 12 months to Dec 31, 1984, group pre-tax profit rose
      621 words

  • Page 15 Advertisements

  • 587 16  -  Regional grouping can contribute to international peace By FOO CHOY PENG in Bandung ASEAN HAS PROVED to be a beneficial forum to its member countries and it is growing stronger by the day, Indonesian President Suharto told a major Third World gathering yesterday.
    587 words
  • 136 16 AFP THE INDONESIAN Parliament has been forced to set up a special working committee to handle a Bill requiring all social and religious groups to adopt Pancasila, a state ideology, as their moral philosophy. The controversial Bill, presented in Parliament for the first time
    AFP  -  136 words
  • 129 16 UPI FORMER PHILIPPINE Foreign Minister Carlos Romulo was forced to retire from the opening session of the 30th anniversary of the Bandung Conference yesterday, saying he felt weak and uncomfortable. The Manila Foreign Ministry said Mr Romulo, 86, "collapsed" at the session hall and was
    UPI  -  129 words
  • 386 16  -  By AMY BALAN ONE OF THE WORLD'S most comprehensive systems for moving funds between banks goes live in Singapore today. Called SHIFT, it will link a total of 138 banks and discount houses 103 of them directly and end the days of messengers rushing around
    386 words
  • 135 16 UPI AN AMERICAN Federal Reserve Board official has warned the US that it is facing the threat of a growth recession, a condition which financial analysts have predicted might bring about lower interest rates. The Washington Post yesterday quoted Preston Martin, vice-chairman of the Fed,
    UPI  -  135 words
  • 306 16 Reuter SOUTH KOREAN President Chun Doo Hwan has left for a six-day official visit to the US during which he will have talks with President Reagan to win reaffirmation of US military support for his country. Mr Chun, who meets Mr
    Reuter  -  306 words
  • 148 16 THE TAN KOON SWAN group in the MCA has sent out notices calling for an extraordinary general meeting to be held on May 12. Sources said yesterday that the notices were sent in batches from Tuesday night to the 2,538 party delegates including acting president
    148 words
  • 329 16 A MAJOR STEP to improve relations was taken by Indonesia and China last night when the two agreed to exchange a memorandum of understanding calling for direct trade and more contacts on a non-political level. This was disclosed by Indonesian Foreign Minister Mochtar Kusumaatmadja
    329 words
  • 172 16 Reuter CHINA and India, the world's two most populous nations which battled (or years to achieve self-sufficiency in food grains, are suffering from an embarrassment of riches. Delegates from the two nations told a United Nations seminar in New Delhi yesterday that their governments
    Reuter  -  172 words
  • 228 16 MALCOLM FORBES, the multimillionaire publisher of the American business magazine which bears his surname, will be in Singapore on May 2 as part of his "friendship tour" of South-east Asia. The 65-year-old publisher, once described as America's unofficial diplomat, is known to travel
    228 words
  • 69 16 Reuter WALL STREET stocks edged higher in early trading yesterday, with investors watching for signs of a strong follow-through to Tuesday's advance. The Dow Jones Industrial Average was up less than one point to 1279 on volume of 10.14 million shares. Advances led declines by a five-four
    Reuter  -  69 words
  • LATE FILE
    • 34 16 Reuter HONGKONG'S Secretary for Monetary Affairs, Douglas Blye, will retire next March and be succeeded by David Nendick, now deputy chief of the banking department at the Bank of England.
      Reuter  -  34 words
    • 46 16 Reuter A GENERAL strike will be called next week in Mindanao, Philippines, to protest against increased militarisation and the murder of trade unionists. Labour leaders said yesterday that at least 15 trade unionists had been killed in Mindanao since January. Reuter
      Reuter  -  46 words
    • 54 16 Reuter MALAYSIAN planters yesterday urged the government to admit 8,000 immigrant workers to ease a labour shortage in oil palm and rubber estates. The United Planting Association of Malaysia said the labour shortfall in Peninsular Malaysia had cost nearly $40 million in unharvested crops and lost export
      Reuter  -  54 words
    • 29 16 Reuter IRAQ yesterday said that its war planes had attacked and hit "a large naval target" near the main Iranian oil terminal on Kharg Island.
      Reuter  -  29 words
    • 33 16 AFP THE ISRAELI army yesterday almost completely withdrew from the front lines in Lebanon's eastern Bekaa valley that it had set up against Syrian troops in 1982. AFP
      AFP  -  33 words
    • 28 16 Reuter THE Sri Lankan army started moving into the country's eastern province yesterday, following two weeks of fighting between Muslims and Tamils. Reuter
      Reuter  -  28 words
    • 40 16 Reuter TAIWAN will soon begin to import 1,200 subcompact cars from South Korea after suspending imports for a year because the Koreans refused to buy car parts from Taiwan, said Vice-Eco-nomic Minister Li Mo.
      Reuter  -  40 words
    • 40 16 Reuter OFFICIALS from the 11-na-tion European Space Agency yesterday began two days of private talks in Paris aimed at hammering out the shape of European participation in the planned US orbiting space station. Reuter
      Reuter  -  40 words
    • 36 16 AFP TWO MEN armed with a sub-machinegun shot and injured Ahmed Jarallah, edi-tor-in-chief of the Kuwaiti daily, Al-Seyassa, on Tuesday night. He was in satisfactory condition yesterday after an operation. AFP
      AFP  -  36 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • 55 16 wmsm Outlook for today: Cloudy with showers over several areas in the morning. Report for 24 hours prior to 7.30pm on April 24 at the oirport: Maximum temperature 30.7 Associated humidity 71 Minimum temperature 22.4 Associated humidity 96 Hours of sunshine 1.50 Rainfall in millimetres 13.4 Rainfall this month 95.8
      55 words

  • SHIPPING TIMES
    • 245 17 AFP A SYNDICATE of Japanese banks has refused to accept the deficit-ridden Sanko Steamship's new rehabilitation proposal calling for the syndicate to extend an 80 billion yen loans, a Tokyo shipping daily reported. The Shipping and Trade News quoted sources close to the
      AFP  -  245 words
    • 319 17 Reuter AFP Y AM ASHTTA-SHINNIHON Steamship has agreed in principle to start a joint liner service in January next year with Neptune Orient Lines and Orient Overseas Container Line in the Japan/Far East-United States west coast trade. Three routes will be
      Reuter; AFP  -  319 words
    • 251 17  -  -By Kingsley Wood A SUBSTANTIAL quantity of drugs are being smuggled into Australia in containerised cargo through Sydney and Port Botany and a highly organised criminal conspiracy is behind the shipments, a joint government task force into wharf security has reported. It said Sydney had
      251 words
    • PORT SIDES
      • 105 17 Reuter MEMBER lines of the Bay of Bengal/Japan/Bay of Bengal Freight Conference said they will raise their currency adjustment factor (CAF) to minus 4.5 per cent from minus 7 per cent on May 1. Conferences covering the Far East trades said the Singapore/West Malaysia CAF will be
        Reuter  -  105 words
      • 37 17 Reuter THE Australia to East Coast USA and Canada bunker adjustment factor will be lowered to 11.92 per cent from 12.92, effective May 18, the Australia/Eastern USA and Australia Eastern Canada Shipping Conferences said. Reuter
        Reuter  -  37 words
      • 34 17 Reuter THE JAPAN and Hongkong/South Africa Shipping Conference said it will raise the Hongkong container freight station (CFS) receiving charge to HK$5O per revenue ton from $42, effective May 15. Reuter
        Reuter  -  34 words
      • 83 17 P O's stake Reuter SPECULATION that Peninsular and Oriental Steam Navigation Co PLC (P and O) may bid for Ocean Transport and Trading PLC (OTT) is unfounded, P and O chairman Jeffrey Sterling told the annual meeting in answer to a question. But P and O, which holds a 10
        Reuter  -  83 words
      • 112 17 AFP TWENTY-THREE Japanese seamen were rescued from lifeboats in the North Pacific on Wednesday after they abandoned ship in a storm, the Coast Guard in British Columbia said. The vessel, the 23,000 tonne Garza Star owned by Yamato Kisen KK of Tokyo, left Tacoma (Washington State, United
        AFP  -  112 words
    • 490 18 Reuter TWO elegant steamship ferries, still plying the Bosphorus waters between Asia and Europe after 75 years, will soon reach the end of their long commuter run. Set low in the water, girdled with lifebuoys and with their thickly-var-nished wooden superstructures catching
      Reuter  -  490 words
    • 1108 18 ARGENTINA Buenos Aires April 9th. 8-12 days. 36 vessels berthed, 9 vessels anchored waiting for open quay. 6 days. 1 grain loader at elevator berth, 1 in roads A 13 due to arrive. Rosario 14 days. 7 vessels anchored awaiting grain loading. 9 vessels berthed. San Lorenzo 3-6
      1,108 words
    • 147 18 AFP IRAN HAS chartered a third large tanker for its Sirri Island oil terminal, shipping executives said in London on Tuesday. They said the tanker was the 392,809-tons Brazilian Hope, registered in Liberia and run by Latin America Petroleum Carriers, a subsidiary of C Y Tung
      AFP  -  147 words
    • 287 18 TMR/ITN THE future is dim for American bulk carriers, says the executive secretary of the Federation of American-controlled Shipping. Citing the A and P Appledore survey for the United Nations Conference on Trade and Development, Eugene Yourch says the ownership of open registry tonnage
      TMR/ITN  -  287 words
    • 659 18 Ateo VI 3 Ahrenkiel Liner V 4 Andeka Shpg VI 1 ANL I 1 APC Line V 4 APL 4 ASCL III 1 Asiabrok er V 5 Austosio Line V Bolt-Orient VI 4/5 Bangkok Cont VI 2 Bank Une V 5 BBS 1 4/5 Ben Line V
      659 words
    • 1727 18 LIMITED grain chartering is reported out of North and South America but other sectors of the freight market on Tuesday remained extremely quiet, shipbrokers said. Grain from the US North Pacific to Taiwan received US$9.5O compared with $9,875 previously while scattered fixing for grain out of the US
      1,727 words
    • 211 19 THE INTERNATIONAL Maritime Organisation has announced plans for a new series of films and videos on combating marine oil spills. Several other organisations are cooperating, including the International Tanker Owners' Pollution Federation, the Commission of the European Communities and Videotel Marine International. The package
      211 words
    • 526 19 NEDLLOYD has placed a crucial passenger ship order with Japan's Nippon Kokan KK. The prestige US$5O million contract is one of very few passenger ships to be built anywhere in the Far East for a Western owner, noted Lloyd's List. It will be hoped in Japan that this
      526 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 EABT/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd
      185 words
    • 127 19 Fairplay A JOINT venture between two manufacturers of bulk handling equipment, AB Nordstroms Linbanor, Enkoping, Sweden and Conrad Scholtz AG, of Hamburg, has resulted in the development of two types of selfunloader for shipboard use. Both are based on gravity feed of cargo through hydraulically operated cargo
      Fairplay  -  127 words
    • 5605 24 aaaapijEß 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
      5,605 words
    • 681 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Ratu Konsort 166N 25.4.85 2300 S'pore Shpg F2 0930-1100 Nl Tanah Air 24NB 25.4.85 2300 NAPL F7 0930-1100 F3 Tohgo Maru 43/517 26.4.85 0700 Sunship
      681 words
    • 1820 25 The leading shipping lines operating from local ports and their agents. A-B \f'KA African Shipping Agen< les < S Afro-Earasla line Ttansgroup S» \hrcnkirl liner Service Kim Shpg 'Si Alfred C Toepfer x eanus Shippine Agen <ies (Si Marintex Enterprise < PK i AI par Intrasea
      1,820 words
    • 501 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES alongside 25.4.85/0700 Builder III K23 T Soon New Leading K27 Sharp alongside 25.4.85/2300 Straits Star K24E SSPL alongside 25.4.85/0600 Str Venture K25W SSPL alongside 25.4.85/1500 Wuchang K19 Y Fung alongside 25.4.85/2300 Y Chemicarry K29 Sharp alongside 25.4.85/1300
      501 words
  • Page 17 Advertisements
    • 465 17 ©HEUN6-A SHIPPING Korea Rag Vsta Regular Liner Semi-Container Service To: P. Ketanf/Penani Busan/Inchon Fm: Busan/Moii S pore Afent: Neptune Afencies Pte Ltd Tel: *****77 P.K. *****4. PN *****5 K.L. *****0 I IJ TWO ELEGANT steamship fsrries will soon roach tho and of thoir long commutor run II NEDLLOYD has placad
      465 words
    • 280 17 UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES ?0 ShtnlonW»» 04-MC M«nn« Houie Singapore 0707 Tel *****94 f®i„ ■No RS?S-»i CFS office TPC 03 30 Tel *****31 end *****32 Terminal office TPC 03-29 Tel No *****90'*****93 aUASC vmnjnxMJxmxuLmiiw-jm v. '.r: in; im ARAB EMRATE EXPRESS FULL CONTAINER SERVICE FROM JAPAN
      280 words
    • 920 17 Foreign Exchong® Dealing s o*vio l"0** Putokshmd by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel. *****44 A menW 0» the limes organise***" Ss6 50 Each MAERSK LINE SPEED SHUTTLE TO PNW-ATLANTIC INLAND POINTS INAUGURAL SAILING M.S. LEXA MAERSK VOY 8506 ETD: LPK 9/5 PEN 11/5
      920 words

  • Page 18 Advertisements
    • 289 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Pacific North Woat Feeder at Kobo Atlantic/Canada Feeder at Kotoa *S H TOM SAV UM a/i 21/0 »/< 10/7 1/7 12/7 V Acctptinc FCI to: k«. Malaysian Bkf Ac«its: Aofto-fraedi Tr»dn| (M) S<fci Bhd Wk Pan
      289 words
    • 162 18 Supercarrier Service NUT ARRIVALS BARBER TO6A 12/5 BARBIR TAMPA 17/5. BARBIR NARA 27/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA rr TNu KC«i« carfn tar Hwstw (MJ). I FraMta. OMand. Stacfctw m* San dtp w I taptas TO: CARIBBEAN CENTRAL AMERICA CHILE ES M 27/4 1/5 12/5 U/S
      162 words

  • Page 19 Advertisements
    • 860 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limitod STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok CONTAINERSMP SERVICE TO UK CONTINENT ICMDKJW MT OSAKA MT LNOPOaMT TO* TO MT KOMOON MT inmes mm an or qmm SIM trwi 17/5 19/5 23/5 25/5 31/5 12/1 07/0
      860 words
    • 825 19 ANNOUNCEMENT KAWASAKI KISEN KAISHA LTD (K LINE) IS PLEASED TO ANNOUNCE THAT AS FROM IST JUNE. 1985. KAWASAKI SINGAPORE (PTE) LTD (KSP) WILL TAKE OVER THE AGENCY REPRESENTATION IN SINGAPORE FOR S.E. ASIA/EUROPE CONTAINER LINER SERVICE WHICH IS PRESENTLY REPRESENTED BY NEPTUNE AGENCIES (PTE) LTD (NAPL). THE ABOVE CHANGES WILL
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  • Page 20 Advertisements
    • 526 20 Hapag-Lloyd EXPORTS On carriage to Scandmavia, Med, Carribean IS. America Mand haulage to Mand destinations h Europe S'pv* PKetaai Pmanfleiimßftao Genu Hbw| ft dam Bharen Antwerp HE RS 15/5 17/5 15/5 12/6 16/6 22/6 t Ketanf Spore Martne Erptorer 25/4 CJuhnftr a/4 1/5 E»e tiprrtJ a/4 1/5 Marikor 7/5 1/5
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    • 142 20 K.& LINE i3*i* J« *i o*»ri»* FULLY CON TAINERISED SERVICE 10 EUROPE VIA SUEZ T of the Ace Comortwn j FROM EUROPE Vl* SUEZ J| > Memoer p) (he Ace Consortium j FUtLY CONTAINERISED TO/FROM NORTH AMERICA WEST tOAST CONVENTIONAL SERVICE To/From BUSAN CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF S. LEONG
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    • 512 20 THONG SOON AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88 TELEX: RS ***** BOOKING: *****56 (DIRECT LINE) LINK SINGAPORE/BANGKOK TWICE A WEEK With Reefer, FCL and LCI Container Service Agents: Baagkak: Trmjort 4 Frtiglt Ferwartlai litomttoato Ca. Lli 325 S.P.M. Btdg, Silom Rd, Tel: *****93/5 SIN CHIAO
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    • 431 20 EVERGREEN Full Container Agents GREEN ASIA SHIPPING PTE LTD 51 Anson Road. =13-53 Anson Centre Singapore 0207 TEL S PORE *****11 (10 Lines) )KINGS *****32 k INWARD OUTWARD vELANG *****4. 3P0024 JAYA *****4/*****7 JANG 371 110/*****3 01) UNIGLORY LINE Full Container Service Agents GREEN ASIA SHIPPING PTE LTD 51 Anson
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    • 162 20 Y* US I NOSE MARITIME PTE LTD TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE Pit atom Lm*« tar KYOWA COSMOS «/5 iayapwa, Wnrak. Lae, Rabatt, P Moresby, Kieta. Honiara, Noumea, Lautoka, Suva, Papette. Nriuioafu, Pap, Apia, Naura, OCEANA QUEEN 7/C 1/S Jayapwa. Wtwak, La«, Rabuai, fMoresby, Kieta, Honiara, Noumea, Lautoka,
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  • Page 21 Advertisements
    • 765 21 v\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 VESSEL KOTA MUTIARA KOTA BEJATI KOTA RATU KOTA TNtUR KOTA WISATA KOTA PET AM KOTA WVIAYA VOYAGE cp/t/as E-SS3 E-M5 EAST AFRICA/REDSEA SERVICES HONGKONG SINGAPORE LOADING FOR: 29-1/5 5-7/5 REUNION, TAMATAVE Jt-29/4 3-E/5 ADEN, HODEIOAH, PTBUOAN,
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    • 597 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE WITH LIBERTY TO CALL AT RED SEA PORTS PENANG FED VIA SINGAPORE KkJJEBSEN LINE NEW ZEALAND r SOUTH LAST ASM PJMnte Laa taMW«h|l> teiM nusis a/5 17/J W 6/6 16/6 on TMMMGA a M/ 5 l/l 14/1 17/1 11/ i jeke* soudimo ts
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    • 657 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST STORE SERVICE FULL CONTAINER VESSEL. BUSAN YOKOHAMA KM KAOHSUK STOW TSJ*** 22/4 a/4 27/4 1/5 J/5 1/5 5/5 ISt BKI ir;; Mv At WEST BOUND 9 K r«AO lON IDAM/ADAM CSTI* HTUK/MO (TWt) HUT AT VSWB X 24/4 4/4 4/4 11/4 15/4 STORE
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    • 599 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR v (Burmese National Line) Loatfinf for Rangoon S'pore PJtetanf Penanf Patau VS6 In Port Ava V74W 27/29 Apr Phashwegyawywa V253W 28/30 Apr Lokaw V9S 2/4 May Pa-an VB3 7/10 May 4/6 May Loads* for Etrope. BANK LINE EXPRESS SEM CONTAMER SERVICE TO UK/CONT SPORE
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  • Page 22 Advertisements
    • 1306 22 K LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEIDtt m MOTKR Wl SPORE PKLG PNG SPORE KOBE GUAYAQUL CAIIAO ARICA W 1 AfAGASTA S AHTOHO VALPARAISO MONTI RUBY *20 rw Wl 3 May May 7 Mar J Ma* 25 May 25 tat 2 M 1 M 12 M 10 M CENTRAL
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    • 595 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE load.r* for lOS ANGEICS SAN FRANCISCO SEATTLE TACOMA VANCOUVER BC Accepting FCI FCL Containers AUSTRALIA EXPRESS CONTAINER SERVICE Accept** FCI/FCL Containers P K«*n S'pn 27 28 Apr 4/5 May 6/7 May 18/19 May 20/21 May 12/13 turn Frftm Met) SyAi Mu Acccph 19
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    • 652 22 SANKD ASIA FROM JAPANCSC PORTS ANO MOffOKOMG Sncipon f J(atm( GDN K27/25 Apr 26/21 Apr 1. NED LEADMG GDN K27/2 2. WVO WW 29/30 Apr 3 SAL MA I 1/3 May 4. MUWON VOLAMS 4/6 Mar 5. ROSEBAY 1/10 May 6. GOTO* ROYONG 11/13 May 7. FUKUZAKI MARU 12/14 May
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    • 425 22 •NTRASEA (PTE) LTD 10 Anson Road »27 16 International Singapore 0207 Tel *****1 1 1 1 0 Lines) VOlAfllA-UVI BREAKBULK SERVICE TO EUROPE/UK S par* P Kelanf Loadaif tarFORT NELSON *****05 27 Apr OS May ROTT/ANT/UX (AVON) Fy SEAWOOD AND R.M.Z.I^ S pore P Keiang Loadn tar: Spore P Kelang
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  • Page 23 Advertisements
    • 547 23 NOL NEPTUNE ORIENT LINES LT[ Also accepting cargo to/from Scandinavia C ROZE S'pore Closing Times: FCL Cargo LCL Cargo 2300 30/4 1100 30/4 TO AMD FROM AUSTRALIA: •Aho accepting carpi to trom Bangkok and E Malaysia JAYAWWTA S'pore Closing Times FCI Cargo 1000 26/4 LCL Cargo 2200 25/4 TO/FROM NORTH
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    • 482 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON 9f DOKAV spimt *1,1 NIS NJPIUK AGIMCIfS Plf 110 Tel *****;; 718*>4 34 ißookmjs) ???7blo ??1?0?7 (OpetjlKHis) ??09?84 (Jetnwiil) ??0?4S0 ??0?S04 (CIS) Mil «YSH »I,!NIS I UNAS SI ll* SON BHO Kl Irt *****0 *****4 PR
      482 words
    • 570 23 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARMAT HAH SOOK SON 810 IST AND 2ND FLOOR NO 1 J ALAN CEMPfNING PORT
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  • Page 24 Advertisements
    • 820 24 ICc<|i<Mial Container Unes 4 Sailings weekly mpil Fast Reliable Regular Punctual Berthing P S.A Tue, Thur, Sat Sun. MTU KOMSORTRJM MTU KOMSORTRJM MTU KOMSORTRJM MTU KONSORTR* MTU KOMSORTRJM »Y IMN IS/2N 20S/21N 2165/217N 1665/167N 25/3N 21S/22N 2175/21W 1675/16 IN 3S/4M 225/23N 218/219N 168/169N 4S/5N 235/24H 2195/220H 16JS/170N ss/w 245/25* 2205/221N
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  • Page 24 Miscellaneous
    • 168 24 Regional Weather n v t < n M 3 Wa Wa ri V N A w C' 4 ttt «e* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. a* Wind direction with speed m knots Wove height LEGEND P T Temperature Thunderstorm Weather V Wind direction with speed
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  • Page 25 Advertisements
    • 98 25 RfISC AGENCES K. LUMPUR P KEIANG PENANG P. GUDANG J. BAHAPU LEOSMP SPORE *****8/*****6/*****8/*****3 *****1/4 TERMMAL 3SS3SI/2 *****/*****/*****/***** *****3/5f1375/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE •an. i I 'an I 11 ,i jmnj rTTMIHWITTi i-ii ■ii ■fmnTTn nn itTirriiTMiM 11 i ihtfi i .i itmfTf i. -zm ma 11./ infm
      98 words
    • 103 25 ±5 HOE HOE SHIPPING WEEKLY CONTAMMSEO PALLETISED SERVICES SMGAPORE TO BRUND/LABUAN SERVICE GRAND BLDG «10 00 17 PHILLIP ST S PORF 0104 TFL *****2 (b LINES) TELFX RS ***** WORLD LINE *****3X177?TfT!17rriT!nWT7TlI?TT!37r? '>?L\ ITU t'_ VESSELS SPORE HUE MM *113 Apr 1 OCEJM ntEASK *1 mi 1/1 none*! HENS *35
      103 words
    • 270 25 LICOUNR F ranch Uni RgQULAW 8E»»-COf«TAINEH SCR VICE TO ■AWQI-A-OgSM/WKA/SW «sal srm I cwttmok I ml«tta I mmms Ica M/V ARMAGNAC VSISS M/V CGM VELAV V6ISS M/V CGM VAR Mi rv i#.r Scan Dutch V To Europe (Med/UK/NC/Scan) I "T1 MOTHER VESSEL ACCtPTWG/SAJLWG B Butane In Pt B Butane 2/5
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  • Page 26 Advertisements
    • 38 26 NOTICE PKGS DESCRIPTIONS TONNAGE 74 BALES PAPER WASTE 33.020M/T (COMPUTER PRINTOUT) 480 BOX BOARD 199.000M/T CUTTING 8000 PAPER WASTE 202.939M/T (OLD NEWSPAPER) PLEASE CONTACT: EAST ASIA SHIPPING SDN. BHD. NO. 14, JALAN BUAH MENTEGA, PORT KELANG. TEL. *****1/*****2
      38 words
    • 342 26 Nt w Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER SEA ARCHITECT 3 May Mombasa. Daressalaam, Tamatave NEDLLOYD MOJI 16 May Mombasa. Daressalaam AFRICA MARU 24 May Port. Louis. Reunion NEDLLOYD MADRAS 7 May Apapa. Monrovia. Abidjan. Lome. Douala. Tema CONTINENTAL PARTNERS 14 May Abidjan, Monrovia, Lome. Apapa, Douala. Tema AFRICA'S NEDLLOYD
      342 words