The Business Times, 6 May 1985
1985-05-06
1
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The Business Times
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Title Section12 1985-05-06 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, MAY I, 1985 60 CENTS12 words
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Article, Illustration496 1985-05-06 1 LUCY NG - Robinson's chief executive blames purchasing methods By LUCY NG ONE OF Singapore's leading retailers has suggested that shoppers could be offered a better deal if some retailers change their purchasing methods. In an interview with Lu Guan, a Singapore Hotel Association publication, Mr496 words
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499 1985-05-06 1 ALVIN TAY - By ALVIN TAY TOTAL LOANS granted by the once conservative Oversea-Chi-nese Banking Corporation increased by a hefty $1 billion at the group level to $4.1 billion last year, a record in the bank's 52-year history. At the parent bank itself, the increase of499 words
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284 1985-05-06 1 AP THE FLOOR LEADERS of South Korea's two major political parties yesterday resumed a new round of talks which most political observers believe will settle disputes that have delayed convening a new national assembly for more than threeAP - 284 words
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479 1985-05-06 1 AT THE END of an "amicable" summit where protectionism had been the major talking point, British Prime Minister yesterday made an angry attack on Japan. Speaking on her return from the seven-nation Bonn meeting, she accused Japan of using money earned in Britain's more479 words
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269 1985-05-06 1 AFP OIL PRICES will continue to (all until the mid-1990s because of weak world demand, plunging the Arab world into a long crisis. The director-general of the Oxford Energy Institute, Professor Robert Mabro of Oxford University, warned that economic growth wouldAFP - 269 words
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Article329 1985-05-06 1 A HIGH-LEVEL team from the National Trades Union Congress is preparing for a trip to Britain and West Germany to pick up tips on running holiday camps. The five-man team, to be led by secretary-general Ong Teng Cheong, is scheduled to visit the two329 words
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Page 1 Advertisements
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Advertisement105 1985-05-06 1 Call Wayfoong at 737-7977 for a fast decision on your loan Waytaong Mortgage and Finance (S) Ltd A whqly owned subsidiary <* Hongkong Bank 6. Claymore H« »03 00 Claymore Plaza. Singapore 0922 KP No. 0045 KX-20PS1 51cm(20inch) Profeel; a professional studio monitor for the home features Sony's famous Trinitron105 words
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Advertisement367 1985-05-06 1 iTiHE«AWrS' THE public debate on TV does not only revolve around moral standards. The search is for better programmes that reflect the ever-changing demands and needs of the audience. Perhaps the best perspective is that this is an on-going public debate, says MARIE DAVID. CRITICS who like to dismiss local367 words
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Advertisement13 1985-05-06 1 Dutch compny hired by Opto, P»g« 5 Mora Bonn summit rtponi, rag# 413 words
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Advertisement164 1985-05-06 1 Where efficient and personalised service is a tradition FOUR SEAS COMMUMCATIO«iS 6AN« lie M. Head Office. C(- S" wt S >gap<"-e What you missed.. t If you did not read BT on Saturday, you would not know that the Photokis franchisee has accumulated debts of $4.3 million and you would164 words
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MANAGEMENT
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Article, Illustration2306 1985-05-06 2 Money, or the lack of it, is the main worry of many small businesses. To help members who sometime in the course of their business might need to go to a bank for a loan, the Small Business Group of the Singapore Institute2,306 words
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Article372 1985-05-06 2 0002' QSW! Amu Flaaaelal Caaperatian (Developments la huldig, flm ft Insurance) By Michael Skully PabUsbed by Macmillaa Press IMS, W pages Reviewed by BRIAN GOMEZ FINANCIAL cooperation between the six-member countries of Asean has always sounded impressive in theory. But since the association's founding in 1967, progress372 words
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FRONTIERS
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Article154 1985-05-06 3 LEE HAN SHIH - Compiled by LEE HAN SHIH COMPUTER BUFFS may soon be able to record 45 minutes of high-fidelity digital music on floppy disks in their home computers. Compusound of Denver recently showed a prototype recorder at the Chicago Consumer Electronics Show, but did not demonstrate it working. US154 words
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Article128 1985-05-06 3 ONE in eight lorries in Britain emit too much smoke, according to a recent survey by the British government. The National Smoke Survey was carried out in Britain's roads in October 1964, and the results have just been published. The best area of the country was Scotland,128 words
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Article116 1985-05-06 3 WORKERS who travel long distances are more likely to suffer from stress-related diseases than those who travel short distances, according to a survey. A report of the survey was published recently by the European Foundation for the Improvement of Living and Working Conditions. The research was conducted116 words
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Article130 1985-05-06 3 PANI PANCHAYAT, India's first green party, has entered into mainstream politics. The party, which took its name from the pani panchayats (water councils or cooperatives), is attempting to defend a network of water cooperatives set up to supply water to the 15 million people in the droughtprone130 words
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Article50 1985-05-06 3 UP TO 2,000 hectares of prime Californian farmland may be taken out of production because water draining from the surrounding fields is polluting underground water supplies. The state's Water Resources Control Board has given the federal government, which was responsible for the pollution, three years to clean up.50 words
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408 1985-05-06 3 Bernama PUBLIC RELATIONS firms in Malaysia are doing well in spite of the recession. BursonMarsteller, a leading international public relations consultancy firm, increased its operating fees to Msl.s million last year from $1.2 million the previous year. Another another leading firm, Eric WhiteBernama - 408 words
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Article, Illustration1429 1985-05-06 3 How to tie him down with golden handcuffs Issues The PA Journal for Management THE DIFFERENCE between the intrapreneur and the entrepreneur, says Keppel Simpson, PA's director of international marketing and development, "is that the former, for one or a combination of reasons, finds it more attractive,Issues; The PA Journal for Management - 1,429 words
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Page 2 Advertisements
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Advertisement211 1985-05-06 2 f m {fat/IP r A H u m r Hi A i. II -M UaaVtX.l f dui Named after the famous Champagne Mumm Admiral's Cup series with the approval of the Royal Ocean Racing Club, London Admiral's Cup by Corum a luxury quartz watch handcrafted for those who take the211 words
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Advertisement70 1985-05-06 2 Mil*' Maxims Plat du Jour. /> o \p vv IF A v) x O c *B> y Welcome to Maxims de Fhris> Daily from Monday through Friday (noon -2.30 p.m.) You now can enjoy Monsieur Bertrand's daily recommendation at 5520.00 Including: Baguette, Butter Chiefs Suggestion Coffee, Chocolate Mints A real70 words
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Page 3 Advertisements
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Advertisement71 1985-05-06 3 Impressive in every way" Choice CBD site on Collyer Quay Cose (o Raffles Place MRT Outstanding quality m design and in material finishes Prominent identity Cool, grey-green extenor Unobstructed sea views Over 60% of space committed to major tenants Available for occupation early 85 TUNG CENTRE Developer Island Investment K71 words
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Advertisement336 1985-05-06 3 How to seat 3 executives in comfort lor the price of only 2 jaw* \mmrn i MMM9M s Bahar chairs $160 $~>3<• Feature packed style.- come in mam colour .-hoir»»ito you versatile as well as comfortable seating ave money on office furniture, while you boost the morale and comfort of336 words
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OVERSEAS
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Article, Illustration547 1985-05-06 4 UPI THE AMERICANS knew they were in for a fight. But they did not realise what a ferocious battle it would be until last Saturday when French President Francois Mitterrand came near tears and the Japanese Prime Minister stepped in to calm hisUPI; AP Photo - 547 words
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209 1985-05-06 4 AFP A FINAL communique issued by leaders of Britain, Canada, France, West Germany, Italy, Japan and the US at the Bonn summit after three days of political horse-trading and bickering over wording said they were all "strongly" in favour of Gatt negotiationsAFP - 209 words
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255 1985-05-06 4 AFP PRESIDENT REAGAN said yesterday that people should pledge to prevent such horrors as happened in Bergen-Belsen, the World War Two Nazi concentration camp, from recurring again, He said: "We are all witnesses and rising above all this cruelty, out of this tragicAFP - 255 words
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277 1985-05-06 4 AFP FOREIGN SUPPORT could help the leftist rebellion in the Philippines reach a balance of forces with the military. Labour Minister Bias Ople was quoted by the Malaya Newspaper yesterday as saying that such aid would "abet the rise of legal, semi-legalAFP - 277 words
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342 1985-05-06 4 Agencies NICARAGUA'S left-wing San*-* nist government called on its citizens and on Latin American neighbours to stand by the com»-1 try after the US declaration of sj trade embargo against it. r Jp "Those who in this moment of trial listen more to the aggressors' voiceAgencies - 342 words
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178 1985-05-06 4 AP PRESIDENT Ferdinand Marcos yesterday reduced penalties on acts against national security previously punishable by life terms or death. The Philippine news agency said Mr Marcos issued two new decrees to amend earlier ones which had decreed up to capital punishment and loss of citizenshipAP - 178 words
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Article573 1985-05-06 5 ARRIVALS Operator Sarvicc Local Fro* SIA SO 107 SQ238 tin* 1420 KUL S1A 1440 MES CPA CX713 1500 HKG/BKK KLM KL8I1 1525 AMS/MCT/ KH/CMB MAS MH672 1535 BKI MAS MH683 1605 KUL JAL JL1717 1640 OPS NW NW903 1645 JFK/LAH/ LAX/ANC/NRT SIA SQ8I 1645 MNL ATLOT SU557573 words
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232 1985-05-06 5 THE EXECUTIVE Council of the Organisation of Petroleum Exporting Countries, in a key meeting in Geneva last week, said it had set up a system (or ensuring that its 13 members keep ranks on oil prices and production. Opec ministers said they had232 words
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144 1985-05-06 5 Reuter THE GOVERNMENT of the —Ml Indian state at Gujarat has invited leaders of dvfl service onions for urgent talks in a last-min-ute bid to avert a statewide strike from today. All India Radio said yesterday that the strike had been called becauseReuter - 144 words
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140 1985-05-06 5 AFP JAPAN is considering tariff cuts on agricultural produce, mainly to compensate South-east Asian countries which say Tokyo's trade policies favour the West. A government spokesman in Tokyo said yesterday that the cuts, if decided upon, would focus on boneless chicken fromAFP - 140 words
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388 1985-05-06 5 AFP TAIWAN is to dish out new tax incentives aimed at reviving a stagnant economy marked in the past few months by sluggish exports and dull investment. Officials in Taipei said yesterday that declining overseas demand for Taiwan products, especially in itsAFP - 388 words
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161 1985-05-06 5 AFP A PUBLIC opinion poll has showed that more than half of the people questioned were satisfied with the Taiwan government and less than 10 per cent were dissatisfied. The survey was conducted in May last year by the Directorate General of Budget,AFP - 161 words
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236 1985-05-06 5 Reuter A RARE public protest by about 300 exiled Beijing residents seeking to return to the capital has finally collapsed, with most of the demonstrators on their way back to remote Shanxi province yesterday. The New China News Agency (NCNA) said Beijing cityReuter - 236 words
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Page 4 Advertisements
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Advertisement197 1985-05-06 4 Why does 3M use the Ameriean Express Corporate Card System? For the same reasons DHL, jeneral Motors and Metro do. The list of corporations using the American Express Corporate Card™ System, is pretty impressive. v So are their reasons. Increased control of company expenses, reduced cash advances, improved resource allocation,197 words
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Page 5 Advertisements
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Advertisement277 1985-05-06 5 Bin Am Clipper Class. For The Price Of An Economy Ticket The luxury of our Slumbereftes is enough to put you to sleep. Nocturne Frfd<ric Chopin, Opus 37 Nr. 1 i s. ...V f r-f |ff" I >■ U Sorry, Frtd6ric, but First Class passengers in our B-747s and DC-10s277 words
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Advertisement165 1985-05-06 5 Frozen pork is as nutritious as fresh pork, and we help deliver it that way. PL H A V v, N •v v wA pi rt i 1 "s. When it comes to frozen pork there's only one way to transport it, and that's the right way. For many years165 words
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Page 5 Miscellaneous
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Miscellaneous74 1985-05-06 5 Doonesbury ..ANDASUeSVW HERSTDCOMMEHORAB yemußßumi CAMPS, t£ MUST R&VNP OURSGUGS NEVBUD FORGET. lie MS r I K FceeemetssoHeTHN6&PO/UTOO OFTM. I KNOW THIS FRCMMiOUNUJARTiMtßXPemces UHNHOUMOOP.. OH.. nr Rl m L .1 r i &3&m BY GARRY TRUDEAU I WENT THROUGH HELL mUNG SOME OF THOSE pictures, but w know, FOR. THEUFSOFA£,I CAfTTRSMBMKRUJHO74 words
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BANKING AND FINANCE
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Article, Illustration423 1985-05-06 6 ALVIN TAY - By ALVIN TAY SHING LOONG FINANCE, the wholly-owned finance arm of the Keppel group, enjoyed a turnaround in profits last year in spite of stiff competition and a huge loans provision. Pre-tax earnings, which were slashed by a substantial 56.6 per cent to $1.12 million423 words
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448 1985-05-06 6 Reuter COMMUNIST CUBA, acting as champion for economicallystricken Latin America, has proposed a regional labour conference to press for the cancellation of die region's massive foreign debt. Speaking at a May Day rally in.Cuba, Cuban trade union chief RobertoReuter - 448 words
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Article44 1985-05-06 6 Reuter THE Federal Reserve has entered the US government securities market to arrange US$2 billion of customer repurchase agreements. Dealers said Federal funds were trading at B>/« per cent last Friday when the Fed began its indirect supply of temporary reserves. ReuterReuter - 44 words
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Article208 1985-05-06 6 FT THE NEW perpetual floating rate note market for banks is booming as Standard Charterd launched a US$4OO-million issue and Lloyds Bank increased its pioneering issue from $600 million to $750 million last week. Midland Bank also confirmed plans to make an issue of its ownFT - 208 words
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Article110 1985-05-06 6 Reuter FEDERAL RESERVE Board vice-chairman Preston Martin has said he believed the margin requirement set for stock purchases is too high at this time. He told a House subcommittee that "we think it is on the high side now", but he did not indicate if theReuter - 110 words
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260 1985-05-06 6 Reuter THE CALIFORNIAN economy is fundamentally very strong, in spite of real estate and agricultural problems, and this should be reflected in Crocker National Corp's results in due course. Crocker chairman Frank Cahouet said this at the annual meeting of Crocker's parent Midland BankReuter - 260 words
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MONEY AND EXCHANGES
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Article219 1985-05-06 6 Union Bank of Switzerland FOREX TRADING was characterised by the firmer US currency last week. The dollar's uptrend was accelerated by the optimistic statement by Fed chairman Paul Voicker concerning the economic growth prospects of the US. Trading was thin because of various holidays. As a result,Union Bank of Switzerland - 219 words
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244 1985-05-06 6 THE impressive rebound of the US dollar running for the second week pressured gold and currency futures price* which were taken down to their lowest in six weeks. June gold lost about US$l2 a troy ounce over the week to settle at $313.30 on244 words
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Article221 1985-05-06 6 Asian market ASIAN currency average deposit rates for the week ended May 3 BID PRICES High Low US 7 doys 1 month 8 7/16 8 3/16 8 3/8 8 1/4 2 months 8 9/16 8 3/8 3 month* 8 11/16 8 1/2 6 month* 9 1/16 8 13/16 9 months221 words
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Article71 1985-05-06 6 AFP THE BANK OF CHINA in Hongkong has started trading in a European currency unit (ECU) bond issue aimed at investors in Western Asia and the Far East. The US$3l2 million bond was issued by Primary Industry Bank of Australia with Banque Paribas and RankAFP - 71 words
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Article349 1985-05-06 6 National Discount Co Ltd PRIME RATE cuts by both DBS and OCBC psychologically depressed interbank rates early last week with overnight funds going down to 4V« 4Vk per cent and one and three month terms to 5 4H and sVfc 5 respectively. However, the prime rateNational Discount Co Ltd - 349 words
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Article, Illustration470 1985-05-06 6 PLR of bonks ot th« close of business on Friday, May 04, as supplied by the Association of Banks in Singapore. BANK PLR Aigemene Bank 9 American Express 9V« Am'Dam R'terdam Bank 9 Arab Banking Corp 9V« Arab Bank Ltd 9V, Asia Commercial 8V« A NZ Banking470 words
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Page 6 Advertisements
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Advertisement42 1985-05-06 6 NAQAMAN V i"7 Where East meets West For the very best in Japanese and Continental dining where else but the Shangri-La. RESTAURANT Ample FREE parking. For reservations, ring Fsther on *****05 or *****44 ext. 1954. Shangri-La hotel SINGAPORE A SHANGRI-LA INTERNATIONAL HOTEL42 words
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Advertisement12 1985-05-06 6 Air freight is faster, our coverage is better... in BT every Friday12 words
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Page 7 Advertisements
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Advertisement436 1985-05-06 7 Canon 1 c 4 J Now all other Zoom Copiers are a step behind Canon Program Zoom Canon 'busts' thrcxjgh with zocxn programming so simple you can take manual calculation right out of copying. Just push the button. Hi Now you don't have to figure out your own ratios. Zoom436 words
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FEATURES
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Article, Illustration1184 1985-05-06 8 SHAHRIR ARIFF - Local jewellers searching for foreign markets to counter decline in sales to domestic population By SHAHRIR ARIFF WHILE SINGAPORE'S jewellery retailers gaze at too many empty seats on the other side of the counter, manufacturers have realised that if the customers won't come to them,1,184 words
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Article266 1985-05-06 8 Donald Van Staee - letter to the Editor Donald Van Staee M —l*~tr Director Kara/Ferry htwitlwil Daw ar, The facts reported In your front page article on May 2 od the quality of the Singapore worker are supported by the findings in our own executive search practice here. It is266 words
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336 1985-05-06 8 Reuter THE AVERAGE Japanese office worker is a pretty placid fellow, working quietly without complaint for long hours in crowded conditions. But get him to talk about his tax bill and you really see his angry side. "It's just downright unfair," says AkinoriReuter - 336 words
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Page 8 Advertisements
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Advertisement88 1985-05-06 8 m 1 t t 9. Will annuity RrGoddGroonwig 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 superb88 words
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Advertisement85 1985-05-06 8 gmtr 4 WiZ* J r l V I ■Ha Fixed Deposits Rates: 1 month *5%% p.a. 3 months 6 p.a. 6 months SVa% p.a. 9 months 6Vi% p.a. 12 months 7% p.a. On Call **5 p.a. Savings 6Vi% p.a. (calculated daily) Rates are subject to change without notice •Minimum $2,50085 words
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Page 8 Miscellaneous
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Miscellaneous1064 1985-05-06 8 HIGHLIGHTS Horizon:Pointmg By Numbers B.oopm, Channel 12 Computer graphics provide a way of simulating reality, or building fantastic new worlds together with the power to explore or manipulate the three dimensional images created. This programme looks into the development of this new science, analyses the uses to which the latest1,064 words
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THE ARTS
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Article, Illustration591 1985-05-06 9 MARIE DAVID - By MARIE DAVID MOST people will probably agree that broadcasting is a very powerful medium. Although the information received is fleeting, the numbers that can be reached simultaneously give it the power. Today, with video and tape recorders to recall programmes591 words
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Article, Illustration619 1985-05-06 9 CHRIS YAP - A collection of paintings by Lim Kian Kok By CHRIS YAP CRITICS who like to dismiss local artists for churning out potboilers should visit an art show now on at the Papermoon. It is anything but dreary and repetitive. The exhibition which ends on May 14 is619 words
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258 1985-05-06 9 JAIME LYE - Micki and Maude a movie that leaves you satisfied By JAIME LYE MICKI AND MAUDE is not a movie to go ga-ga about. It is not a two-hour social message or a lesson in celluloid imagery. It is neither grippingly realistic nor intelligent. It is not of epic proportions, has258 words
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SPORTS
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Article561 1985-05-06 9 WALTON MORAIS - By WALTON MORAIS SEMBAWANG, powered by the young and exciting Madasamy brothers, did what was seemingly the impossible and set up the Premier League golf competition for an exciting finish after yesterday's sixth round at giSembawang, helped by a one-under-par 67 from Murugiah which included561 words
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463 1985-05-06 9 BRIAN MILLER - By BRIAN MILLER ALTHOUGH there are still more than six months remaining on the 1965 racing calendar, bets are flying that this year's chase for the trainers' title will be a two-horse affair between Penang trainer Teh Choon Beng and his Ipoh463 words
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Article241 1985-05-06 9 UPI ANGEL CORDERO rode speedy Spend A Baek to a sizzling wire-to-Wire victory over Stephaas Odyssey and solid betting favourite Chiefs Crewa on Saturday in the 111 th running of the Kentucky Derby, the first Jewel of US horse racings coveted triple crown. The bargain-basementUPI - 241 words
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Article, Illustration228 1985-05-06 9 RAY HEATH - By RAY HEATH YESTERDAY was a day of triumph and surprise for James Lim in the Leisure Cycling Tour of Singapore. He was given a special award for his endeavours in finishing the 30km course in spite of being physically228 words
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Page 9 Miscellaneous
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Miscellaneous678 1985-05-06 9 umoxDiiia CRYPTIC PUZZLE ACROSS 1 A tip? Fir* away (5) 6 Nothing more than a hard woman, possibly (5) 9 On* keen to be disenfranchised? (7) 10 Jone's the affectionate one (5) 11 Saves wrecked vessels (5) 12 The apostle of Rock (5) 13 Akin to the red teal, possibly678 words
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INTERNATIONAL STOCKS
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Article301 1985-05-06 10 Yon Mitsubtohi 528 +9 May 04 394 •1 Ajjnomoto 1100 440 •30 Mrttub Estata Mittub Hoavy 668 265 +38 +4 Amodo 1070 880 885 811 -10 15 -5 +6 Mittui Mitsui Ship 348 167 17 •2 Asahi Chiffl Aioht Gioss Mitsui Smalting Mitsukoshi 560 528 3 -12 +3 unch301 words
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317 1985-05-06 10 Reuter WALL STREET share prices managed to record a modest gain last Friday, apparently on predictions by a leading economist that US interest rates would soon fall. The Dow Jones Industrial Average rose by 4.97 points to 1,247.24. The volume on the NewReuter - 317 words
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Article145 1985-05-06 10 MAY 03 toNM a 17* o< Inco 52* IB* 37* 33 unch 21* AJgomo 22* 15 unch Araotn Ktdgi 20* 18 unch Bank Mont Bank Nova Scotia M Canodo 26 V* 12* 39* unch Mowoy F«rg Mc BkxM 2* 22* 15* unch BP Can Ltd 35* 24* unch145 words
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Article253 1985-05-06 10 UAV M i Woohxmli 1500 mch M0USTUAL5 Ml MNGS AAJpho 825 152 -25 unch An0o« 2560 8500 •40 Af Am! H 800 1415 7l5 420 TlO BKTVzzz 8000 -ISO Amaprop AMIC 2675 Charter 420 1125 Ti Cora Gold ***** -10 C G Mh'iZZ CNA 270 unch Cora Much 0*253 words
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Article655 1985-05-06 10 MAY OS USB Afcon Munsi 24 unch Alcoa 30* Abdwv Lud 24* AM Cham Cp 45* AJfcod Stom 54* AfcOMknn 6* tawh Am Brandt he 43* •1* Am Broodcatt 108* Am Can Co Am Cyonomtd 52* 52 Am B*c INw Am Exprws 21* 42* Am Horns Prod u.655 words
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Article751 1985-05-06 10 lam fe 429.00 +4 185.00 +0.5 224.50 +3 1 112.90 +0.4 241.00 +1 1 75*0 +04 5*00 +3 95 20 +02 3*4 00 unch 9100 unch 37 80 -02 483 00 +0.5 ia*jo -04 119.20 +0.4 3*u80 14 124.0 +03 1*7 JO +34 187 JO w<di 58.00K*-3 132.00751 words
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Article73 1985-05-06 10 Reuter INCHCAPE PLC believes the improved performance )ust reported for last year can be maintained. Last year's pre-tax profits of £78J mfllfcwi, up from £53 million in 1983, was £9 million higher than it would have been at exchange rates a year earli er. Inchcape shares wereReuter - 73 words
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Page 10 Advertisements
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Advertisement205 1985-05-06 10 Executive Set lunch Daily $1290++ PMttDMNLL Menu of the lunakl Wvvl\ 3-course lunch prepared in the finest Continental style. Each meal includes a hearty soup and a delicious dessert. Mon Grilled Lamb Chops Tues Chicken Fricassee Wed Mixed Grill Phoenix Style Thur Tournedos Rossini Fri Seafood Valenciana Sat Beef Burger205 words
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Advertisement44 1985-05-06 10 *r:i k VJI SULI r HOTEL ASIA Many l*w «umi d0b0822 ***** HOW3A 37 Scons Road. W *****88 W Pescadou Hestaurant Provencal 'M •$>;»; TA 4*MM <-* I 2 ■L 5 few Ampte /re? parking at all times. ofchid Im 2*4 DWWWII BO*. Singapore W *****2244 words
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Advertisement62 1985-05-06 10 A sumptous buffet lunch awaits you with savoury specialities to please the palette. Our menu includes popular dishes such as Sotong Sambal, Gado Godo, Fried Prawns in Oyster Sauce, Fried Mee, Chicken A La King and tantalising desserts. Come On down to THshaw Coffee House, everyday, except Sunday, from 1262 words
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Advertisement130 1985-05-06 10 4 i k f 5»unkal Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50-H-A¥ SINGAPORE HOTEL 10 Eu Tong Sen Street. Singapore 0105 Tel: 533 3888 tebngourtJ? ohbtoi cumm A Penang130 words
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Advertisement127 1985-05-06 10 A [v IftMff for the best Teochew delicacies In town. Discover our famous dlan-xln. f. delicious steam-boat Teochew S* porridge and other mouth-watering r delights prepared by Hong Kong f chefs. And feel like royalty while C you dine In Oriental splendour. Open daily from: 11.00 am 3.00 pen for127 words
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INTERNATIONAL COMPANY NEWS
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482 1985-05-06 11 NYT MAJOR brokerage houses in the US have denied that they had ever illegally managed their funds so as to overdraw bank accounts. But some industry analysts said the practice might not have been confined to E F Hutton Co. Hutton shocked theNYT - 482 words
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Article742 1985-05-06 11 Basic strategy: pump more money into vast empire NYT SEARS, Roebuck k Co, long viewed as a stodgy giant, is now moving in so many new directions at once that it seems almost dizzying. On the financial side, the number one retailer in the US willNYT - 742 words
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Article, Illustration361 1985-05-06 11 NYT WAYNE HOFFMAN'S vision of Tiger International Inc was a diversified transportation company that offered air cargo, rail and tracking services all in one stop. But when that system ran into trouble, Mr Hoffman, the carrier's chairman and chief executive, was forcedNYT - 361 words
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Page 11 Advertisements
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Advertisement553 1985-05-06 11 V > $3g*ȣ g mmiM 1 i'V S *s&& 'f >. a < l&i S :'L C 1 <sn M 'A U i n m I v- Harbour Grill > At r a m Nightly to an ambience of quiet elegance, our chefs tempt and surprise with the ultimate gourmet553 words
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Advertisement84 1985-05-06 11 'At COFFEE GARDEN. 24-HOU HONG KONG i IrlMß* I l'l I HiMMK SPECIAL ROASTS* AVAILABLE TOO! Alto available round-the-clock are delectable local and continental cuisines. j b» *Am fw r -r < i aiii <—~1l VS. Ham 3pm 4 tpm upm m r t« 19 CairaUß Circle TV Singapore 092284 words
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RAW MATERIALS
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981 1985-05-06 12 AFP CURRENCY movements again played the principal role on commodity markets last week, reflecting further conflicting views over the strength of US economic growth. The dollar eased sharply early in the week after the publication of some disappointing economic indicators, only to recover as USAFP - 981 words
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170 1985-05-06 12 Reuter ABOUT 4,000 sugar planters and waters held a protest march in the Philippine city of Bacolod last Saturday to demand restoration of free enterprise in the sugar Industry. They also called for the dismantling of government-owned National Sugar Trading Corporation (Nasutra) whichReuter - 170 words
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Article137 1985-05-06 12 Chineeo Produce Robusto 20/25% FOB NSW 477.50 (Solan' mm domm po Iter 04. SS/iOOke). 0M M Nutmeg 110 FOB NSW E&WFOB NSW 396.00 248.00 Coconut oil Buk FOB Old drum FOB Nw drum FOB Copra Mbcod Ooom) 145.00 156.00 162.00 76 buyon Gombier FOB NSW 330.00 London Commodity137 words
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Article758 1985-05-06 12 COFFEE Robust* futures ended at or near session highs last Friday, with gains of £32 to £10. July finished at £2,208, up £22. The afternoon market advanced slightly from firmer midday levels on follow-through trade and commission house buying aided by easier sterling against the dollar, constructive chart758 words
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Article184 1985-05-06 12 SOYBEAN futures on the Chicago Board of Trade closed 3V« to five US cents a bushel lower in moderately light trade last Friday. July ended near the bottom of a 6V«-cent range. Soybean prices gained support from firmer soyoil prices, but eased to new day's lows late in the184 words
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Article148 1985-05-06 12 WHEAT FUTURES on the Chicago Board of Trade closed mixed last Friday, with thinly traded nearby May down 6V4 US cents a bushel, and other months up fractionally. May ended at the bottom of a 7V* -cent range. Although deliverable stocks remained extremely tight, the fall in open interest148 words
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Article27 1985-05-06 12 Dot* Closing pricw M$/k*> Turnover (tOMMt) Apr 29 28.10 70 Apr 30 27.80 no May 1 close May 2 27.49 706 May 3 27.79 17927 words
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Article230 1985-05-06 12 THE SINGAPORE produce market was easier last week because of profit-taking and lack of buying support. Pepper prices eased in thin trading. Black pepper was especially easier, losing $10 to |15 per 100-kg. However, white pepper was little changed over the week as the supply of230 words
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741 1985-05-06 12 NON-OIL commodity prices in 1990 may be about 15 per cent highpr than their level in 1980. But since prices of manufactures will rise by broadly the same proportion, commodity producers will receive little or no benefit in real terms. The International Monetary741 words
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Article266 1985-05-06 12 FUTURES in Japaa closed mixed on Saturday with prices ranging between down 1.3 and up 1.1 yen in light trading ahead of a national holiday today. Values fluctuated to either way with many traders holding off due to the lack of trade interest. Spot May fell 0.9 to 204.9266 words
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Page 12 Advertisements
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Advertisement204 1985-05-06 12 MING COURT HOTEL KUALA LUMPUR*9NGAPORE From one strategic move in the boardroom to another t Taipan Club. Tt« Far from being just one floor of exclusive accommodation, Taipan Club puts you in a most strategic position. Here, you're within easy reach of many valuable facilities. A private club lounge makes204 words
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MARKET REVIEWS
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Article, Illustration5338 1985-05-06 13 HOMER CHEN - |L A By HOMER CHEN PLANTATION stocks continued to provide investors with the only excitement in »n otherwise quiet stock market last week. The market as a whole moved sideways in a sluggish manner. The Straits Times Industrial Index edged 0.78 point lower to 796.87 and5,338 words
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Article289 1985-05-06 13 r \lAustralia M Reuter AUSTRALIAN share markets closed lower last week with major resource stocks suffering losses on strong selling pressure. Over the week, the All Ordinaries Index lost 7.5 points to 966.3, the All Resources Index fell 11.7 points to 586.6 and the All IndustrialsReuter - 289 words
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Article572 1985-05-06 13 BOBEE LEONG - Week ended May 3 compiled by BOBEE LEONG SCRIP ISSUES Grood Control: Bonus Issue of threo-for-two. CORPORATE DEVELOPMENTS Tho unaudited consolidated net tangible asset booking per share of General Securities lovestoieot Ltd was 1.80 os at March 31,1985. Malayan Cobles Bhd has entered into on572 words
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Article340 1985-05-06 13 UBS THE WEEK under review was characterised by brisk stock market activity, with the index hitting a new high on Monday. Subsequently, however, profit-taking set in amid sustained heavy trading. The stock market index improved from the previous week by 0.5 per cent toUBS - 340 words
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Article1481 1985-05-06 14 GERALD COLVERD - r London By GERALD COLVERD THE WORST unemployment figures in the lifetime of the Thatcher government, released on the day on which voters went to the polls to elect 47 local councils across the UK, would not, one suppose, have provided an optimistic background for London share1,481 words
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848 1985-05-06 14 w New York y FT POOR PRESIDENT REAGAN, only a month ago, he was being feted like a hero by the New York Stock Exchange, graciously accepting the plaudits for the economic recovery which has lined Wall Street's pockets so abundantly.FT - 848 words
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Article122 1985-05-06 14 AFP THE HANG SENG INDEX rose 44.31 points last week to close at 1,550.08, as optimism about property prices fuelled overall buying interest. The level was the highest since Sep 16, 1981, when it reached 1,563.09. The previous week's close was 1,506.49. Expectations of a rise inAFP - 122 words
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Article86 1985-05-06 14 Company RIGHTS ISSUE Ral«tgh One-for-on« $1 50 p«r share Ex-date: Apr 23 Books dose: May 4 (Bonus entitled to rights) Company BONUS ISSUE Amcol One-for-ten Ex-date: Apr 26 Books dose: May 6 Grand Control Three-for-two Ex-date: May 14 Book Close: May 21 Raleigh One-for-two Ex-date: Apr 23 Books86 words
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Article72 1985-05-06 14 Company RIGHTS ISSUE Ganda Hldgs One-fof-four at $1.00 per share George Town Two-for-one $1.00 pec share Killinghall Two-for-fivc $1.15 per share Landmarks Hldgs One-for-four $1.00 per share O U B One-for-five $2.50 per share Peak Hua Three-for-two $1.50 per share Sub-division of $1 par into 2 shares of72 words
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869 1985-05-06 14 fcjsjJ K.Lumpur THE KUALA LUMPUR stock market ended on a dismal note last week due mainly to lack of interest among investors who have kept cautiously to the sidelines for the past few weeks because of the MCA crisis. Although bargain hunters869 words
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Article378 1985-05-06 14 n HrH Milan [■km 1 11 111 j SHARE PRICES in Milan performed well last week amid fairly active trading. As a result, the BCI All-Share Index rose 1.7 per cent to 279.64. The market seems to be weathering the political storms of April, the local378 words
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290 1985-05-06 14 Tokyo AFP SHARE PRICES in Tokyo scored moderate gains in the early part of the holiday-short-ened week but on Saturday, stocks rose sharply with the Dow Jones Average soaring 93.46 yen. The market was closed on Monday and Friday for nationalAFP - 290 words
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Page 14 Advertisements
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Advertisement339 1985-05-06 14 NOTICES FELS FAR EAST LEVINGSTON SHIPBUILDING LIMITED (incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the 19th Annual General Meeting of the Company will be held at the Company's Registered Office at N0.31 Shipyard Road, Jurong Town, Singapore 2262 on Monday 20th May 1985339 words
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Advertisement58 1985-05-06 14 i!• i i»• W >♦ f SINGAPORE BRANCH $50,000,000 U.S. DOLLAR FLOATING RATE NEGOTIABLE CERTIFICATES OF DEPOSIT DUE NOVEMBER 6, 1985 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from May 6, 1985 to November 6, 1985 the Certificates will carry58 words
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COMPANY NEWS
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TAKING STOCK...
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717 1985-05-06 15 By HOCK LOCK SIEW MINORITY shareholders of Samanda Holdings are apparently not very happy over the company's disclosure last week that it was selling off the Sama stable of companies to Sakullah Holdings. They questioned the rationale for the move which came less thanBy HOCK LOCK SIEW - 717 words
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463 1985-05-06 15 MINORITY shareholders of Malaya Glass Factory Bhd (MGFB) are now getting a clearer picture of the events unfolding at the company after having been left in the dark for more than 4 Vt months. During the time the shares were suspended463 words
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Article, Illustration583 1985-05-06 15 INNOVEST BHD (formerly Fusan Fishing Net Manufacturing Bhd) is timing its thrust into engineering sector to coincide with the second phase of Malaysia's industrialisation programme. The group expects a catalytic role to be assigned to the engineering manufacturing industry, similar in importance to583 words
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Article, Illustration740 1985-05-06 15 RAMESH CHANDIRAMANI - Banking and finance division also expected to contribute By RAMESH CHANDIRAMANI THE MULTI-PURPOSE Holdings group is continuing to bank on its plantation and property divisions under Dunlop Estates Bhd and Bandar Raya Developments Bhd respectively to provide the impetus for growth this year. The740 words
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329 1985-05-06 15 A BOLD plan to list overseas, including South-east Asian, stocks on Australian stock exchanges is doomed to be stillborn. Bureaucratic restrictions are expected to frustrate a move by the Perth Stock Exchange to make South-east Asian stocks available to Australian investors. In spite of329 words
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270 1985-05-06 15 Reuter AT J .TFT) INVESTORS Corp Ltd (AIC) may pay a special interim dividend of HK$5 a share (or the year ending Dec 31, 1984, after deciding to sell its 6.8 per cent stake in Wheelock Marden and Co Ltd to Hongkong and KowloonReuter - 270 words
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Article166 1985-05-06 15 MALAYAN UNITED Maaataetiriag Bid has decided to change the date of its AGM and EGM, because of a delay in the posting of its annual reports and circulars for its EGM. The meetings will now be held on May 24 instead of May 10 as scheduled. AMBA88ADOB HOTEL166 words
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Page 15 Advertisements
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Advertisement157 1985-05-06 15 r MALAYAN UNITED MANUFACTURING BERHAD (Incorporated in Malaysia) NEW DATE FOR ANNUAL GENERAL MEETING EXTRAORDINARY GENERAL MEETING We wish to advise that due to a delay in the posting of the Annual Reports and circulars for the Extraordinary General Meeting, the Board of Directors has decided to change the date157 words
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Advertisement132 1985-05-06 15 14, > COMPUTERS CANT SOLVE ALL YOUR WRITING PROBLEMS Computers can't help you write if you don't know WHAT to say and HOW to say it. Poor writing skills hurt companies and employees. Customers aren't sold when they could be. Employees are denied promotions because they can't write well enough132 words
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Article, Illustration570 1985-05-06 16 JAIME LYE - Travel agents expect 50pc jump in number of visitors By JAIME LYE TRAVEL AGENTS which formed consortia to market Chinese tours have seen their efforts pay off. In the past few months, there has been a surge of Singaporeans into China, with most570 words
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306 1985-05-06 16 York Hotel undergoes 10.25m renovation A REVAMP erf York Hotel, part of the Goodwood Group, may well give it a new look when renovations costing $10.25 million are through by October. Renovations, which started in mid-January, involve refurbishment of the reception lobby and the Bamboo Court Coffee House. Guest and306 words
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Article75 1985-05-06 16 A $2.5-MDLLION computerised key access system is being installed at the two Westin hotels in Raffles City. The Marlok Computerised Key Access System will simplify maintenance procedures, monitor the use of unassigned keys as well as fire alarm and energy management systems. Changing the locks of75 words
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352 1985-05-06 16 AFP THE central committee of the Malaysian Chinese Association (MCA) resolved again yesterday to seek a solution to the crisis in the party without recourse to the courts. The MCA, the biggest Chinese political party in Malaysia and a major component of the rulingAFP - 352 words
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189 1985-05-06 16 THE DANGER that glue sniffing represents to Singapore's youth and its community was emphasised yesterday by Mr Baey T.ian Peck, president of the Singapore Anti-Narcotics Association. Speaking at the opening of the Pasir Panjang Constituency Glue Sniffing (Inhalant Abuse) and Drug Abuse Prevention Exhibition at189 words
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183 1985-05-06 16 UPI TAIWAN and US trade officials will hold their first formal talks this week in Washington on a bilateral free trade agreement which could remove import restrictions and reduce customs tariffs. Informal discussions on an agreement have been going on betweenUPI - 183 words
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445 1985-05-06 16 UPI A FILIPINO Journalist Jailed on subversion charges for more than nine years escaped from his guards yesterday after being granted a day-long freedom pass to vote in National Press Chib elections. Satur Ocampo, 46, the longest-held political prisoner at the time of hisUPI - 445 words
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471 1985-05-06 16 AFP THE FAMILY that runs Taiwan's troubled Cathay business empire has agreed to help pay huge debts owed by a convicted Member of Parliament relative Tsai Chen-Chou. An informed source in Taipei said yesterday that after weeks of persuasion byAFP - 471 words
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Article78 1985-05-06 16 AP CHINA said yesterday it has officially adopted a policy of encouraging doctors to engage in private practice, «ice banned as an obstruction to socialised medicine. A Public Health Ministry report approved by the state council said: "Individual practitioners, including retired medical workers and herbal doctorsAP - 78 words
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Article106 1985-05-06 16 AP CHINA has criticised the US government for its trade embargo on Nicaragua, calling it a "fresh move of power politics" bound to fail. The official news agency Xinhua ridiculed the argument of US President Reagan's administration that the embargo is designed to protect US securityAP - 106 words
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Article65 1985-05-06 16 Reuter CHINESE leader Deng Xiaoping has told Burma's Ne Win that there are no major problems between their countries, the New China News Agency reported. The Burmese leader was given a special mark of favour by being the first foreign statesman to be invited to ChinaReuter - 65 words
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LATE FILE
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Article55 1985-05-06 16 Reuter PAKISTAN'S President Mohammad Zia-Ul-Haq, on a three-day visit to Burma, has called for the withdrawal of foreign troops from Afghanistan and Cambodia and said that Islamabad looks towards closer economic, trade and cultural ties with Rangoon. General Zia is the first Pakistani ruler toReuter - 55 words
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Article29 1985-05-06 16 AFP KAKUEI TANAKA, Japan's ailing political kingmaker, is back in hospital after a sixday stay at home which observers said could have political implications. AFT®AFP - 29 words
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Article52 1985-05-06 16 Reuter THE Sri Tankan government is investigating a report that more than 100 bodies were found in a jungle grave in the north-east of the country. National Security Minister Lalith Athulathmudali said yesterday that investigators had so far found no trace of any lriiHngg in MutturReuter - 52 words
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Article62 1985-05-06 16 AFP BUREAUCRATIC foul-ups have resulted in millions of dollars worth of Indonesian textiles and garments being held up at US ports. The US embassy and Indonesian trade officials in Jakarta said yesterday that misunderstandings on both sides stemmed from the issue of a new exportAFP - 62 words
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Article47 1985-05-06 16 AP SOVIET Defence Minister Sergei Sokolov said in an interview yesterday that the US "Star Wars" project would pose a greater hazard to mankind than the atomic bomb and vowed to ensure the defences of his nation against such a threat. APAP - 47 words
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Article41 1985-05-06 16 FT WEST GERMAN unemployment fell by nearly 170,000 in April. The labour office in Bonn said yesterday that this brought the country's Jobless rate down sharply to 9J& per cent from 10 per cent in March. FTFT - 41 words
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Article50 1985-05-06 16 UPI ALAIN PROST of France, driving a McLaren, yesterday won the San Marino Formula One Grand Prix and tookthe lead in the world championship standings. Second was Elio de Angelis of Italy in a Lotus. Thierry Boutsen of Belgium, driving an Arrows, was third. UPIUPI - 50 words
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Page 16 Advertisements
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Advertisement365 1985-05-06 16 SHENTON WAY EXECUTIVE OFFICE 6-18 months sub-lease of 400-800 sq ft executive office facilities for international Arm or rep office. Facilities include telephone system, telex, telefax, secretary, executive pine furniture and office equipment if needed. Price at cost or 552,000-554,000 per month. Tel: 455 33 55 CMS CONSU I MANAGEMENT365 words
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Advertisement139 1985-05-06 16 dtiZMM* hrlrkiQ. Pagt 4 rm —y l 'A We don't f L tzLk/ a Tk v > Re IBM 4341-MO2 IBM 5340*37 IBM 5340E34 with 5211 IBM 5211-002/001 IBM 3742-001 IBM *****)04/008 IBM 3274-C5l We also buy, lease, rent, upgrade maintain IBM Computers CES is an established third party computer139 words
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Page 16 Miscellaneous
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Miscellaneous51 1985-05-06 16 Outlook for todor. Showors ovor and early afternoon. Report for 24 hours prior to 7 30pm on May 2 at th« airport: Maximum temperature 30.0 Associated humidity 78 Minimum temperature 24.4 Associated humidity 93 Hours of sunshine 2.45 Roinfoll in millimetres 0.6 Rainfall this month 0.6 Roiny days this month51 words
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SHIPPING TIMES
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PORTSIDES
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Article84 1985-05-06 17 WORK ON the construction of a port for transporting coal will begin next year in Telukbayur, west Sumatera, to facilitate domestic distribution of production from the Ombilin cbal mines. According to a spokesman, the US$l7.6 million project, will be able to handle coal-carrying vessels of 25,000 dwt at84 words
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Article87 1985-05-06 17 Reuter THE AUSTRALIA Middle East Gulf Conference said it will change its currency adjustment factor (CAF) to 14.33 per cent from 18.85 per cent, effective May 16. The Australia-West India Outward Shipping Conference and the Australia-Sri Lanka Outward Shipping Conference will adjust their CAF's to 17.79 per centReuter - 87 words
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Article, Illustration402 1985-05-06 17 G DURAIRAJ - Emerging trends in cargo delivery By G DURAIRAJ A MALAYSIAN transport expert said new concepts in logistic service can be applied to various sectors of the transport industry with beneficial results for the firm and the industry. Such systems are expected to be adopted by402 words
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200 1985-05-06 17 Reuter AMERICAN PRESIDENT Company Ltd expects to report 1985 net income of about half of the U*****.5 million earned in 1964. Last year, American President earned $8.67 per share on revenues of $926.2 million and average shares outstanding of 13.7 million. American PresidentReuter - 200 words
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Article118 1985-05-06 17 Reuter THE UNITED STATES Supreme Court has declined to review whether the Interstate Commerce Commission (ICC) can exempt from regulation all rail transportation of coal destined for export through US ports and traffic moving in box cars. In the coal export case, the ICC, the ReaganReuter - 118 words
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82 1985-05-06 17 Reuter INDIA PLANS to reduce its dependence on Colombo port which handled 447,844 tonnes of feeder cargo from India in the year to March, up from 300,590 in 1983/84, Indian Minister of State for Shipping ZR Ansari said. He said state-owned companies have beenReuter - 82 words
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Article73 1985-05-06 17 Reuter THE HONGKONG Shippers' Council said it has petitioned the US Federal Maritime Commission (FMC) to investigate whether the recent rate increases proposed by two shipping conferences violate the 1984 US Marine Act. A spokesman for the council said the Trans-Pacific Freight Conference and theReuter - 73 words
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509 1985-05-06 18 WHILE there were some bright spots in the shipping industry, few would look back at 1984 with fond memories. The chairman and president of American Bureau of Shipping, Mr William N Johnston, said: "The ills of the marine industry during 1984 remained much the509 words
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Article1177 1985-05-06 18 CHARTERING was generally very slow to develop on the Freight Market on Thursday, shipbrokers said. Scattered time-charter fixing included two vessels out of South Africa comprising an 18,000 tonner bound for the Mediterranean at US$3,500 daily and a 26,000 tonner for a voyage and redelivery Great Lakes at1,177 words
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Article783 1985-05-06 18 A Top EfW X 2 Eogt* Contanor VI 2 AIm VI 3 Eat* Ana Lm X VI 1 Ahnrktmi Lrtar X 1 EaU AAnfcjyvu 2 AC Toopfor AnMa »og AH. Amah 0«m X VI X 9 -1 2 E attorn Car Lrtar Ecmtnn Egyptian Infl Eft* ELMA783 words
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Article194 1985-05-06 18 May M Interamerica Reinsurance meeting *85, San Juan, Puerto Rico, June 19-»: Cruise 85, international conference and exhibition, London Hilton on Park Lane, London. May 6-lt Nor-Ship-ping "85, fiw 10th International Shipping and Maritime Offshore Exhibition and Conference, SJolyst Exhibition Centre, Oslo, Norway. May 7-16 International port exhibition,194 words
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Article225 1985-05-06 19 FOR THE second month running, total throughput at the Port of Singapore gateways and Jurong Port registered a minus figure. In February, the volume handled amounted to 3.1 million freight tonnes, 18.6 per cent less than the 1983 figure. In percentage terms the decline was marginally225 words
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283 1985-05-06 19 Lloyd's List EVIDENCE that slackening trade is pulling down freight rates in the eastbound trans-Pacific trade has emerged in Taiwan. A slippage of around 5 per cent on average container charges has been reported for some of the major commodities. This underlines earlier statementsLloyd's List - 283 words
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Article111 1985-05-06 19 Sea trade Week THE Korea Maritime and Port Administration (KMPA) has decided to come down hard on shipping agents in Korea which are found to be discounting official rates. A first round of inspection will be carried out on the 22 foreign liner agencies in order to investigateSea trade Week - 111 words
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Article184 1985-05-06 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd184 words
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332 1985-05-06 19 Reuter WORLD shipping overcapacity is hurting the insurance industry as weil as the shipowners, Lloyd's of London chairman, Peter Miller, said. Miller told the Insurance Institute of Hongkong, following a 15-day visit to China, that insurance rates as well as freight charges have fallen dueReuter - 332 words
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Article665 1985-05-06 19 TWO 57,372 long dwt tankers, the 1977-built Alvega and the 1978-built Sallaa, were purchased by Norwegian buyers for about US$7.5 million each. The sellers are understood to be taking back the vessels on timecharter for 3 years at $8,000 daily for first year, $8,500 for second year and665 words
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3022 1985-05-06 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.3,022 words
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Article755 1985-05-06 25 CONTAINER TERMINAL Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Voy date/time Operator cargo schedule Location Sov Accord 51A P Van Buren 136/1 Laust Ms 8506 New Genstar 7/85 Fenhe 21W Chitral 1 48-HW Zim Melb 8E K GavrHov 14BW85 L755 words
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Article1786 1985-05-06 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B AFEA Afrk-an Shipping Agencies i St Afro-EarasU Line Tran&group (Si Ahreaklel Liner Service Kim Shpg iSI Alfred T Toepfer Oreanus Shipping Agen ries ISI Marinie* Enterprise IPKI. Alpac Intrasea (Si Bintang Shpg <Kl.i Island1,786 words
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Article299 1985-05-06 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 6.5.85/2300 Hugheverett K21 Everett alongside Nazlm Khikmet K18 Slnsov alongside 6.5.85/1500 S Sincerity K29 Stolt alongside 6.5.85/1500 V Enterprise K34 Sunshlp alongside 6.5.85/0700 Alpha Jupiter K36 Str Tptn 6.5.85/0001 7.5.85/2300 Belalt K25W SSPL 6.5.85/1300 7.5.85/0600 Berlin K18299 words
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Page 17 Advertisements
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Advertisement280 1985-05-06 17 Pub* shad by 1 TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 T«t: *****44 A Of t.met otgoruscjlion Ss6 50 mm WHILE THERE were torn* bright spots in the shipping industry, fsw would look back at 1964 with fond ipamorias II EVIDENCE THAT slacksning trada is pulling280 words
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Advertisement229 1985-05-06 17 UNITED ARAB SHIPPING CO (SAG) St AL ORO SHIPPING *C.f NCIFS ro Sh«"lon M 02C Mk'iih Si"g«por* 070; T«»| ?70S<x»4 M t-S.SJ'9 rFSoM.r«TPC 03 30 T«i 277JH'»>■>« ??20S1J Terminal o«'f» IPC 03 T«i No 7777*<K1 7770"-93 UASC i r i 'M.'.i.'-Twr'T: 11 a ■ru/rr-Tt i EXPRESS FULL CONTAINER SERVICE t-KOM229 words
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Advertisement567 1985-05-06 17 Good BookMhopk 11] Times IU Distributors MAERSK LINE SPEED SHUTTLE TO PNW-ATLANTIC INLAND POINTS INAUGURAL SAILING .S. LEXA MAERSK VOY 8506 ETD: LPK 9/5 PEN 11/5 SIN 14/5 ETA: TACOMA/SEATTLE 2/6 VANCOUVER 5/6 CHICAGO 6/6 TORONTO 7/6 NEWYORK 8/6 MONTREAL 11/6 CLOSING TIMES SIN: CY 13/5 1100 HRS CFS 12/5567 words
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Page 18 Advertisements
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Advertisement263 1985-05-06 18 YAMASHITA-SHINMIHON LINE CONTAINER SERVICES USA/CANADA *acHlc South Wml Wmim at Tokyo MIDDLE EAST Mtai m U/LB QM mtm m «to J. IPOUO 1/1 4/4 MIMA 13/1 14, TWNMIH 14/4 13/* LMiMMZ 17/4 11, S.UMB 22/4 25/4 TtXTO M 21/1 27, r. mo* 29/4 2/7 MUM M. 31/1 1 Also accepting263 words
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Advertisement275 1985-05-06 18 i! i m Our role In helping to marKet s| Askm products. When Asia's products are ready to move into the world marketplaces, Mitsui O.S.K. Lines is also ready. With a modem containership fleet and more routes than any other company. With frequent sailings and land transportation services. With computer275 words
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Page 19 Advertisements
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Advertisement552 1985-05-06 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited Slaa HWf 31/5 12/1 •7/1 M/l 17/1 IS/I 24/1 2S/C •2/7 M/ 7 m/ 7 ie/7 11/7 M/ 7 25/7 27/7 M/ 7 ei/7 M/ 7 M/ 7 M/l M/l 07/1 11/1 12/1 14/ C 21/1 22/1 M/C552 words
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Advertisement463 1985-05-06 19 II lb? 12 M 1 a N*7 ii Mr ain > m nHn 311 M Utm jl Mi 1.1 I .V\i Mr,( Li ilH.il t !l) AIM A F Rl( A CHARGEURS RE UN IS Opt org Shipping Pte. Ltd PoflK» »ng Jmy V ***** SfS«C3 P»n«rg *32*5 tE L463 words
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Page 20 Advertisements
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Advertisement454 1985-05-06 20 'MM Hapag-Lloyd EXPORTS TO CONTINENT UK Takia Eipmi C*4*» Iq OUully On carriage to Scandhavia, Med. Carribean IS. America Wwd hMhft Mwd deittufaß w Eiwp* Sport Plata* P«M|ltiiat»B»ao Ganaa Itof Mm Bham h* KNEE IS 13/5 17/5 H/5 12/4 «/4 lU)te CowNctMif Kaoslwini t Connectmc n Tokyo "Mo accepting CJfgo454 words
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Advertisement231 1985-05-06 20 FULLY CONTAI ISED SE R VICE 10 FUR Off Vl* SUfZ 1 *"*>" o' *< f Cwnortun S'ptrt Plata* Lritaw* fitm Fihw KW| AMwwp 1/5 6/5) 27/5 21/5 30/5 1/6 4/6 15/5 (13/4) 3/6 4/6 6/6 8/6 11/6 22/5 (20/5) 10/6 11/6 13/6 15/6 18/6 29/5 (27/5) 17/6 IS/6 20/6231 words
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Advertisement311 1985-05-06 20 I AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88. TELEX: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANQ SINGAPORE TO SARAWAK SINGAPORE TO BRUNEI tQUftratV SMR 9/85 |r fart 7 May •JENSON IV SMt 11/15 6 May 9 May •EQIMTOi V 9ft 10/S5 U May u311 words
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Advertisement468 1985-05-06 20 r O EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) US WEST COAST SERVICE MP HO. 12/9 12/5 22/5 21/5 25/5 25/5 22/5 21/5 3/4 S/S 1) UMS SEACH. OKLMB, SM KGO. HOWS. STOCKTON. MBBM, I 2) MUMM. OKMBO. VMS CWT. QMIH. POWBt. 5468 words
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Advertisement221 1985-05-06 20 MSI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINI: TO PAPUA NEW GUINEA/ SOUTH PACIFIC KYOWA COSMOS 10/5 Jayapura, Wwrafc, I*. tMrnrnkf, Kteta, Haiiara, Naomi, Lwtoka, Suva, faptfta, M+th, Pa*o, Apia. Km, OCEANA QUEEN 7/S 1/1 Jayapva. Itwak. Lat, Aafcwl, PHamby, KMa. (Mara, Nawta. LwWii, Suva,221 words
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Page 21 Advertisements
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Advertisement801 1985-05-06 21 v\e PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 EAST AFRICA/REDSEA SERVICES VtttCL VOYAGE HONGKONG IMQAPOM LOAD4NG FOR: KOTA MUTIARA CP!%m »1/l l"P»-7/S WKUMON. JAMATAVt i||imi|| KOTA SCJATI E-Jn 2*-2t/4 lnpt-«/5 ADEN. DJIBOUTI. HOOEPAH, rTtUOAW. AOAOA KOTA AATU K-MS 14-15/8 19-22/1 ADKIOK>OEIOA*MEDOARrr»UOA*I>OAIA,»»OaAC>4»CK>,»*O«»A«A,»€ KOTA AQUMG E-W7801 words
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Advertisement670 1985-05-06 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE EMM ILK MM IIMVDI ROAM HAVRE 23/5 2S/S 28/S 21/ 5 11/S 11/5 2/« 4/C 5/4 7/4 7/4 9/C 11/4 12/1 14/4 17/4 U/4 21/4 22/1 24/4 24/* 2C/t 21/4 21/4 1/7 2/7 V 7 4/7 7/7 1/7 1/7 tl/7 12/7 11/7670 words
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Advertisement488 1985-05-06 21 DJAKARTA LLOYD INDONESIAN NATIONAL itNF ,i .fTT^TT|iYTyI cow* vi> m nn mmpmt ne/w ;/s gowa rt% m n/s Hi.l.:<* M,f; I .*/<.*■ *»'..lf.' J JL, BOM *15 M wimHTJ RI w EKA JAYA AGENCIES iffcohow *M. ~v SISAL PTE LTD I, UNA*, 4i4Sfe P* iKhMj RORO CONTAiNFR SERVICE TO FROM488 words
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Advertisement573 1985-05-06 21 BOUSTEAD SHIPPING AGENCIES lata* VMM Pa w VS3N BURMA FIVE STAR (Burmese National Line) Loadhg for Ranfoon Spore PJ(aia« Pa l/S May 11/13 May 15/17 May 12 20/22 May Im4r| far HK6/JAPAN. BANK UNI IX «;i 3 SKOI7TiWvXTZ* f«H. fi»A SPORE R'DAM HULL HMBG CLYDEBANK 7 May 2 Jun 6573 words
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Page 22 Advertisements
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Advertisement1132 1985-05-06 22 1 I VI i A» IV LINI —KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST DESTINATIONS INLAND vU IPI MICROBRIDGE MINILAND BRIDGE) JOHORE BRDGE *43 FEEDER/ MoT>a VESSEL STORE PKL6 PENANG STORE T/S PORT MONTE RUBY *29 MY BRDGE V3S 3 May 5 May 7 May 9 May (KL) 211,132 words
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Advertisement471 1985-05-06 22 a <3 351 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTARO/REEFER/BULK SERVICE U*fcnf toe lOS ANCILIS SAN (RWCISCO SIATTII TACOMA VMCOMR BC Acctptiii( FCL/FCI Co«tiin«f* P Hftanf S>nfapox I Aafttn iKtTTinr t 7 Hit 2 km AUSTRALIA EXPRESS CONTAINER SERVICE Accept** fa/Fa ContjMwts PJW«| S'prn Fr«n M Sr*i Mm Ac AS" 1/9471 words
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Advertisement510 1985-05-06 22 SANKO ASIA FROM JAPAPHESC PONTS AMD HONGKONG Ssgaport PHtUm Pen* IRAMBOftVOUNS Gdn 1-27/7 May 1/9 May 2. ROSEBAY l/UMay 11/12 May 3 60T0NC ROYONG 11/13 May 14/15 May 4. FUKUZMI MMU 13/15 May IC/17 May 5. TVtSMTI 19/21 May 22/23 May C. DEL SANTIAGO 21/23 May 24/25 May 7. MADE*510 words
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Advertisement400 1985-05-06 22 INTRASEA (PTC) LTO |UJ| 10 Anson RoJd "77 16 Internationa P«w« —Singapore 0207 Tel *****1 1 .1 O L-nesl BREAKBULK SERVICE TO EUROPE/UK ■must (Pit) LTD BOOMS 22HSU BMIME SIK CO M 7M711 JUL ■m P.T PERUSAHAAN PEL AY ARAN KALIMANTAN WRECT WEEKLY SERVICE TO JAKARTA DOn fey 7/15 DO400 words
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Page 23 Advertisements
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Advertisement562 1985-05-06 23 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EMOTE/UK (VIA SUEZ): H CRYSTM 29W+ 8/5 In Port 27/5 28/5 30/5 1/1 IMETEMJNCK 8* 15/5 (13/5) 3/6 4/6 6/6 8/( SSMMES4N 22/5 (20/5) 10/6 11/6 13/6 15/t CM* MR. 29/5 (27/5) 17/6 18/6 20/6 22/« lIMME 2SW 5/6 3/6)562 words
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Advertisement389 1985-05-06 23 Itm ft 4/5 11/5 U/5 15/5 2J/5 JO/5 V« 7/4 14/4 M/ 4 lb. I DM/i» n/s n/s 14/4 24/4 i V I II WPTIINI »I,|N> lIS Pit I 111 >,| Kn.4 'MO ."1.0.'.' 'H'" <•»" '.'OH 'M 4 VOi'lStl \'o.'So4 TIN tot 4/5/15 hi tam/5*3 J/* HI 1' t389 words
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Advertisement470 1985-05-06 23 *SNSOV SINGAPORE SOVET SHPfUG CO PRIVATE LTD SMSOV BURJNNG 55, Martct Strwt Sinfaporc 0104 Taitphom Numbm *****3 (15 Urns) C*bte Address SMSOV SMWORE Tttei Nutters RS ***** RS ***** RS ***** P KUANS M/S SHARKAT NAM SOON SBN. R». IST AND 2ND FLOOR. NO 1. IALAN CEMPCMNG. PORT KLANG. MALAYSIA470 words
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Page 24 Advertisements
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Advertisement642 1985-05-06 24 !Cc«|i«iial Container Lines Sailings weekly 31 Ml I aB Reliable Regular H.kW.ll •Punctual Berthing PS A Tue, Thur, Sat Sun HINODE K |SE NI CO. LTD 11l K 111 lin < \KKII K DEUTFRACHT/SEEREEDEREI ROSTOC* FORTNKHTLY FULL CONTMNER SERVICE TO EUROPE COT7BUS 2/» RLANCMM J/tS HUH 3/15 ism i «to642 words
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Page 24 Miscellaneous
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Miscellaneous169 1985-05-06 24 Regional Weather :3&! :x" JST*. ***** :xi V I mix m &m p -4F. V 8 Jte I* jft (.4 w i i < •L*£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNMQ. V* Wind direction with speed in knots Wove height LEGEND: T T:r C direction wrth169 words
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Page 25 Advertisements
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Advertisement191 1985-05-06 25 Chang Lie Navigation Co* Ltd. i GENERAL AGENTS CONTMENT/U. FEEDERS PTE. LTD., Tat: *****51 T«tas: RS ***** FEEDERS /§J) UNIBfIC (S) PTE LTD v' 3 mama moces m lid #22-49 MTQMATUML PUU 9fM. 0207 TEL: *****09 TLX: ***** UNIVERSAL S.A. Y UNILINE LONOMG far MELBOUME, TMJRANGA, PAPEETE, NttMEA, CALLAO, VALPARAISO191 words
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Advertisement216 1985-05-06 25 WORLD LINE <Xy i •fin I.'i M SO CAHGO 10 PORT HUANG REGULAR VESSELS S-TOK P. SUM none* wm m, u/m ivu OBW Ml m-S m 19/21 ttff 22/23 nc mm* to* taM «t WWfto. P2 Ann Cm ««wit WPOR EMS (J) Pit ITO 1 IMtot »»U MSbmT i gm216 words
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Advertisement399 1985-05-06 25 13 FINE-LINER SHIPPING PTE LTD m. ccol •tweet *m w DUNN MOUSE, »TOWE rw» LX; M BMI FUNEft TEL: UUIU, IiOM, UXIMR_ ACCEPTING BOTH FCL AND LCL I BMI N 1 IB LIN LIN SHIPPING PTE. LTD. > om t* sMHisana WEEKLY SERVICE SINGAPORE TO KUCHING SIBL VESSEL LIN PETALING399 words
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Page 26 Advertisements
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Advertisement279 1985-05-06 26 /3®t EAST ASIA LINE L —J (Makiysion Flag) Itogutar Umr Swtlcm Bmtwmn M BIA/B'PORE/IMOIA P. Ketoog Penang S'pore Ldg fo* AMAH «/5 la Part CMttam NOA POTMM 11/5 U/5 15/5 B«*ay REGULM MPAN/STRAITS/MPMI SERVICES LMBOR 14/5 16/5 Nat, Hot* EAST ASM SMTPMG SOU M). PI. T«fc 3*0022/36 l IRC Kl.279 words
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Advertisement285 1985-05-06 26 LUCKY SEAWAY SERVICES 89 Short Street 10 07 08 Golden Wall Ajto Ontre, S pore, 07 18 Tel *****55 Tlx 2606) STORE TO DAR ES SALAAM/MOMBASA EXCELSIOR 1 S'PORE TO COLOMBO/MADRAS S'PORE TO EAST I NEST MALAYSIA FONG SMNG NO. 1 FON6 SMNG NO 2 PK PNG SABAH 2S/5 24/5285 words
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Advertisement539 1985-05-06 26 1* C.Y. LINE (A Mtmbcr 01 Tho ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONMKMSED SERVtCf TO EUMK CM SUEZ) KFTUC CRYSTAL 7M MKTERLBU awn seas ma sm atwin rat m* Sr« 8/5 IVS 22/5 25/5 LMni Itiai him HW| Iraa Ww| 17/5 21/5 18/5 1/C 2/8 4/8 1/1539 words
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Advertisement566 1985-05-06 26 Everett Lines COMPWfA PERUANA DE VAPOKEES (CIX.) "PERUVIAN STATE LME" lMdw< tor C*ao Matvm kWil oOwt fttrw ports nth trafttfapmen! at ftobt Or CTV Tkroafk I* tt la*if to tat fcstmitio* Nmh' P. Rata* Shp*«T naMsracn 12/14 *»y 15/17 Hair RAMUKIOETT 23/25 HIT HUQOQfTT 31/2 km 3/4 km Wgk "EVERETT566 words
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Advertisement187 1985-05-06 26 ZIM r »/5 31/5 l/l 12/1 M/l U/l 17/s M/i u/t n/i out rtt\ m/s nn w% in in in n/i n/% w* in in in n: »/5/» I nrs/» li/i/B I 20/t/B [lAI ALSO ACCEPT*; La/Fa CARGO TO MJUMOL MA KLKMN GOLD STAR LINE JbiiMkr c M STAR SHIPPING187 words
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