The Business Times, 9 May 1985
1985-05-09
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The Business Times
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Title Section12 1985-05-09 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, MAY I, 1185 60 CENTS12 words
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150 1985-05-09 1 Reuter THE Federal Reserve Board chairman Paul Volcker has urged the Senate to strengthen a banking Bill it adopted last September. He said recent events show the time is right (or Congress to set a new framework for banking policy. In testimony before theReuter - 150 words
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430 1985-05-09 1 ALVIN TAY - Banks lose $1b to POSB and Asian dollar market By ALVIN TAY DEPOSITORS chasing higher interest rates shifted about $1 billion of funds from the commercial banks to the Post Office Savings Bank and the Asian dollar market during the first two months430 words
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Article, Illustration468 1985-05-09 1 AMY BALAN - Going, going, gone but debts remain for Peter Chew's By AMY BALAN IT WAS A mad scramble at Peter Chew's department store in Penang Road yesterday as 34 lots of goods estimated to be worth more than $200,000 were auctioned (or less than $80,000. An NEC telephone system with 20-25468 words
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Article95 1985-05-09 1 AFP SRI LANKA may pull out of the seven-nation South Asia Regional Cooperation meeting next week after what it termed "grossly incorrect" statements by an Indian minister on Sri Lanka's ethnic problems. Foreign Minister Shahul Hameed, who was to fly to the SARC meeting venueAFP - 95 words
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228 1985-05-09 1 UPI THE HONGKONG stock market soared yesterday to its highest point in nearly (our years as investors rode a wave of renewed faith in the colony's future. Some analysts speculated a "boom" was in the making. Most stockbrokers were guarded about theUPI - 228 words
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Article, Illustration68 1985-05-09 1 after a toy ĕt tfcia Mali la share prteaa. MaMal Mm chips attracted mm late hayers aai elisil sßgMty higher hat the ajherseeb#Tß Wfrf PI Birr rWWM Iru beeaase asfter pataa «fl prleea. Ike BT CaaipasMe ladex waa aaehaaged at 7M.M aad the Stralta Tim— ladastrtal ladez raaa68 words
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358 1985-05-09 1 FOO CHOY PENG - By FOO CHOY PENG MORE grassroots union leaders will be invited to sit on committees which are to be formed by the National Trades Union Congress, Secretary-General Ong Teng Cheong announced last night. The move will help the NTUC carry out358 words
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Article97 1985-05-09 1 DR TONY TAN, Trade and Industry and Education Minister, has stepped down as chairman of the NTUC Investment and Cooperatives Committee. He has been replaced by Mr Hsu Tse-Kwang, Commissioner of Inland Revenue. The Secretary-General of the National Trades Union Con- gress, Mr Ong97 words
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420 1985-05-09 1 CHUANG PECK MING - By CHUANG PECK MING A $75 MILLION plan to design, assemble and test integrated circuits in Singapore is to be carried through by Silicon Systems, even though its parent company is reducing capital spending in the US. But chairman Carm Santoro said420 words
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Article181 1985-05-09 1 AFP PHILIPPINE Defence Minister Juan Ponce Enrile yesterday confirmed that dissatisfied Junior officers had launched a major reform movement in the country's military. Mr Enrile told a news conference that the officers were to meet President Ferdinand Marcos soon. He said the movement began sometime In 1984AFP - 181 words
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Page 1 Advertisements
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Advertisement74 1985-05-09 1 A 'ATERMAN PARIS Writing instruments of distinction since 1884 Trade enquiries: Ttel: *****33 So much better at O (per annum) FIXED DEPOSfTS Savings Account 7% HOUSING LOANS HIRE PURCHASE IUGHIWSfi I The Oooqo" C«c.t St *01-00 T»l. IMM 4 Rob.nioi ltd #01-00 T»fc 2344*77 ITn 707 Upper Thornton Bd u"74 words
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Advertisement262 1985-05-09 1 SHARE INFORMATION DOONESRURY money a exchanges LETTER CROSSWORDS RAW MATERIALS THE PROLIFERATION of training courses, some of which promise MBAs which oro in foct not recognised, has prompted tho Notional Productivity Board to compila on occraditod list of coursos available. Pago 3 PRESIDENT REAGAN and Prima Ministar Folipo Gonzalez of262 words
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Advertisement5 1985-05-09 1 Hock Lock Gitw Pag* 15 )=>{/"_%\@!+|.]^")<!{:|$'/?|.],5 words
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Advertisement86 1985-05-09 1 BEHMD EVERY SONY PRODUCTS SONY Service *****11 SEC 4% p.a HP terms for NEC Personal Computers Our specially arranged low -interest hire -purchase scheme helps you own the following NEC personal computers: Advanced Personal Computer (APC) APC 111 PC 8801mkll PC 8001mkII Call us at 338 S3BB You'll find our86 words
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HOME NEWS
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Article, Illustration462 1985-05-09 2 LEE HAN SHIH - By LEE HAN SHIH JOB PROSPECTS for computer professionals are not so bright but this is expected to be temporary as a recent survey showed that demand will be strong in the longer term. This assurance came yesterday from the National Computer Board's first462 words
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104 1985-05-09 2 A CONVOY of 35 private cars will leave Singapore next month for 10 cities in Malaysia and Thailand on the Seventh Asian Highway Auto Venture. The convoy will travel along the west coast of Peninsular Malaysia, turn around at Pattaya in Thailand104 words
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175 1985-05-09 2 THE LATEST trend in business these days is entrepreneurahip and an interest group from the Singapore Institute of Management is responding to it The group had changed its name from Small Business Group to The Entrepreneurs' Group at the end of March, with the175 words
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Article388 1985-05-09 2 SHAHRIR ARIFF - By SHAHRIR ARIFF A REGIONAL programme to study South-east Asian communities and how they interact with one another will be launched soon with a $304,500 grant from a German foundation, Stiftung V olkswagenwerk. The programme, entitled "South-east Asian Communities and Community Networks", will be undertaken388 words
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Article, Illustration270 1985-05-09 2 THE THIRD Asia Pacific Furniture Fair, to be held later this year, is expected to bring in $8 million worth of business. This compares with last year's show sales of $7.2 million. The organiser, the Singapore Furniture Manufacturers' and Traders' Association (SFMTA),270 words
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Article276 1985-05-09 2 SINGAPORE PUBLISHERS and printers who want to promote their products in Britain have been advised to appear at the London Book Fair next year. Alternatively, they could stage an exhibition in London the week before the Frankfurt Book Fair in Germany, at which Singapore276 words
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496 1985-05-09 3 LUCY NG - By LUCY NG JOB prospects (or those who have recently graduated from Ngee Ann Polytechnic are looking less promising compared with last year. In line with the generally buoyant economy at this time last year, most Ngee Ann diploma holders were offered higher496 words
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59 1985-05-09 3 INTERVIEWERS from the Ministry of Labour are to visit 25,000 households this month and the next to collect information for the mid-1965 Labour Force Survey. The interviewers will gather details of sex, age, occupation, industry employment status to be used for policy formulation. All59 words
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Article, Illustration433 1985-05-09 3 SINGAPOREANS will have a sneak preview of futuristic telecommunications technology during the Asia Telecom 85 conference and exhibition from May 14 to 18. Jointly organised by Telecoms and the Geneva-based International Telecommunication Union (ITU), Asia Telecom will focus on two of the foremost433 words
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502 1985-05-09 3 PENG AILIAN - Move to help consumers choose relevant plan of study By PENG AILIAN THE PROLIFERATION of training courses, some of which promise MB As which are in fact not recognised, has prompted the National Productivity Board to compile an accredited list of courses available.502 words
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189 1985-05-09 3 THE National Productivity Board yesterday revealed its "vision" for the next five years. It took the form of a matrix showing the various interplay between workers, management, and government in the drive towards greater productivity. Mr Ng Kiat Chong, executive director of NPB, said this matrix189 words
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Article79 1985-05-09 3 A BOOK entitled They Dared To Be Different will be launched by Singapore News ft Publications Limited and Guinness Singapore at the Mandarin Hotel on Monday. The book, in both English and Chinese versions, is based on stories about the Guinness Stout Effort Award winners between the years79 words
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151 1985-05-09 3 THE Public Works Department will Implement the expressway numbering system, which helps motorists to identify their destination or route, from today. The exit numbering system is similar to the East Coast Parkway's. An extra plate is added to the directional sign at the nose151 words
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Article60 1985-05-09 3 A GROUP of safety experts including staff from the Singapore Fire Service and the British High Commission Defence Attache have been invited to attend a seminar which will show them some safety products. The seminar, to be held tomorrow, will highlight innovations in breathing and60 words
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Page 2 Advertisements
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Advertisement406 1985-05-09 2 There isn't another car in the work! that can boast automotive innovation like an Audi. And not just innovation for the sake of it, but better ideas to make a superior motor car. Superior enough to recently win the coveted "World Car Of The Year" title and two "Wortd Rally406 words
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Page 3 Advertisements
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Advertisement178 1985-05-09 3 There is no such thing as a £ree lunch. H.L. MfHcfefwi One of the great truths of our time. And only a businessman can really know how true it is: The business lunch' can be one of the most stress-provoking experiences of the day. The next is trying to get178 words
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OVERSEAS
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547 1985-05-09 4 AFP THAILAND will this week ask Japan for wide-ranging trade asstotance, notably sharp tariff cuts and the use of Japan's worldwide marketing network to promote Thai products. The issues will be raised in from today to Saturday, with a Japanese tradeAFP - 547 words
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Article219 1985-05-09 4 AFP JAPAN is taking major strides in responding to international trade and security pressures, the new ambassador to the United States, Mr Nobuo Matsunaga, has said. In a speech to the JapanAmerican Society of Washington, he defended Tokyo's efforts to open its markets to international competitionAFP - 219 words
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187 1985-05-09 4 AFP Reuter THE ONLY future change to China's open-door economic policy would be to open up the economy further to the rest of the world, Prime Minister Zhao Ziyang said. Speaking on Tuesday to participants at an international conference on banking problems, jointly organisedAFP; Reuter - 187 words
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341 1985-05-09 4 UPI PHNOM PENH has accused Thailand of invading its territory and bombing a border area where Thai and Vietnamese farces had clashed (or five days. "The Thai authorities have most recently carried out multiple hostile acts severely violating the sovereignty and territorial integrityUPI - 341 words
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144 1985-05-09 4 Reuter HONGKONG Is to have a second international airline, operating initially on routes to China. A statement from Hongkong Macao International Investment said pilots had already been hired and a i—*«g agreement for the airline's first plane, a Boeing 737, was signed in LondonReuter - 144 words
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Article693 1985-05-09 4 ARRIVALS •Qpweter V Sotrcq Local tin* rrm LUFT MAS MAS MAS MAS MAS AC RBA SIA CPA OA SIA SIA THAI SIA MAS OA SIA MAS SIA QA SIA OA THAI SIA LUFT THAI SIA CPA MAS MAS SIA NW UTA JAL SIA SIA OA BG SIA693 words
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598 1985-05-09 5 AP UNESCO's executive board begins a six-week meeting today at which Western nations and Japan are expected to seek wide-ranging changes and budget cuts to ensure the organisation's survival. The session will also be a critical test for director-general Amadou Mahtar M'Bow, whoAP - 598 words
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153 1985-05-09 5 AFP THE Nicaraguan government has appealed to the General Agreement on Tariffs and Trade to summon a special session to consider the trade embargo imposed on the country by die US. Gatt sources said in Geneva yesterday that the meeting would probably takeAFP - 153 words
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184 1985-05-09 5 Reuter THE REAGAN administration has proposed a nuclear licence reform legislation that it said would "increase stability and predictability in the process of constructing and operating nuclear power facilities". The Bill, submitted to Congress by the energy department on Tuesday, Is the administration'sReuter - 184 words
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Article187 1985-05-09 5 Reuter US CONGRESSIONAL Budget Office director Rudolph Penner has said that progress had been made in controlling the expansion of federal budget deficits, but the size of the deficits continue to threaten long-term economic progress. Mr Penner, «peaking to the National Association of Purchasing Management onReuter - 187 words
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509 1985-05-09 5 Reuter PRESIDENT REAGAN and Prime Minister Felipe Gonzalez of Spain have agreed to a broad review of US troop strength in Spain, but failed to narrow their differences over Nicaragua. US Secretary of State George Shultz said in Madrid yesterday that after extensiveReuter - 509 words
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170 1985-05-09 5 Reter THE US House of Representatives has approved overwhelmingly a landmark free-trade-zone pact between the US and Israel that will end all trade restrictions between the countries during the next decade. The House approved the USIsraeli accord on a vote of 422 to 0Reter - 170 words
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Page 4 Advertisements
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Advertisement229 1985-05-09 4 in Tokyo, Pago fe •h' j g- > V -'A" i fe-' 1* a pi- I. L~'V >: ■V V L.t 3 :i,:. > j9f ,v« -g B ir it m vv 1 n -■> m <- f« -Vv V w>* You've got the handcuffs. Now get the culprit! Thanks229 words
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Page 5 Advertisements
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Advertisement348 1985-05-09 5 $o*' IOK-: Don't blow your money on more equipment than you need... It's simply a matter of getting the facts right. FACT 1 The Olivetti ETV 300 is not a personal computer. And while, as a manager, you recognize the need for a PC. what your executive secretary needs most,348 words
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Page 5 Miscellaneous
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Miscellaneous36 1985-05-09 5 »'iTiTi:j. rrT m ¥1 'J m .11 a u. t rv H® 12 Jv>: i ii :i BY GARRY TRUDEAU a 22 IE x/* MEM Aft Kit. aem.IHMV man*** nyJWH. 7jV /C*. is ni (H ■71*-36 words
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WORLD BACKGROUND
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Article, Illustration1094 1985-05-09 6 Car makers prepare for second century of motoring Japan planted the industrial seeds of its motorcar industry one hundred years ago. Today, the country has the largest motor industry in the world. The international unhappiness over its domination of the world car market is onlyReuter; Router photo - 1,094 words
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893 1985-05-09 6 NYT AMERICAN pressures on Japan to stimulate its domestic economy have rekindled a debate about Japan's fundamental economic policies. Although most economists attribute Japan's large and growing trade surpluses to the strong dollar and other macroeconomic factors, US officials, most recently SecretaryNYT - 893 words
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Page 6 Advertisements
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Advertisement145 1985-05-09 6 $12 for a luncheon meeting That's all you'll have to pay when you hold your luncheon meeting at any of our function rooms. Numerous well-established, prestigious clubs have been enjoying this special service for years. Now, we are extending this real special service to individual companies, including yourself. Our 7145 words
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Advertisement136 1985-05-09 6 HP and SCS can provide you with a complete mini-computer solution for less than $95,000 ACCOUNTS RECEIVABLE PURCHASE ORDER GENERAL LEDGER HP 3000 Series 37 For under $95,000, you can own a HP3OOO Series 37 mini-computer system plus proven software BAS/37 from Singapore Computer Systems to increase productivity and improve136 words
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BANKING AND FINANCE
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Article592 1985-05-09 7 SINGAPORE The US dollar closed firmer against major European currencies yesterday but below the day's highs, in thin and nervous late trading. The dollar closed higher at *****/70 marks compared with New York's 3.1740/70 close, but was below its high of 3.2070, and at 2.6850/80 Swiss francs compared592 words
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Article53 1985-05-09 7 THE Monetary Authority of Singapore has invited banks »nH discount houses to tender for $50 million of 91-day Treasury to be issued at the option of the tenderer from May 13 to May 17. Each tender must not be for less than $250,000. Lsst day of tender will53 words
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Article, Illustration133 1985-05-09 7 THE OVERNIGHT rate on 1 the Singapore interbank money market fell 1-3/8 point from Tuesday to close at 4 per cent yesterday. The one-month term rate fen 1/16 point, while the two and three-month rates remained unchanged. «OCATBIh mmwf at I» fhm Mh| rittt «I 12 m|« Mis133 words
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Article249 1985-05-09 7 ASIAN DOLLAR deposit rates closed easier yesterday compared with Tuesday's levels in light trading. Asian dollar CD rates were unchanged from steady to slightly lower opening levels in quiet trading. One month closed at 8.10/8.00 per cent, three months at 8.30/20 and six months at 8.60/50. uss249 words
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Article181 1985-05-09 7 Interbank rates at 3pm yesterday: Local dollars to ana wot a* foraign Offwcyt f Na)#r or •aa parity US dolor Staring pound Australian dolor NZ dolor Conodkm dolor 2.2260 2.7034 1.5303 1.0094 1.6110 2.2270 2 7069 1.5344 1.0121 1.6129 2.8196 7.3469 3.4286 3.4286 3.4206 -21.05 -63.20 -55.37 -70.56181 words
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Article306 1985-05-09 7 BA Futures JUNE Earedallar opened higher yesterday on the Simez at 91.39 as fundamentals were still bullish. Market, however, turned cautious ahead of the 10-year US Treasury auction. The June Eurodollar finally closed at 91.40 after trading in a two-tick range. D-aark futures opened higher but retreated rapidly towardsBA Futures - 306 words
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Article225 1985-05-09 7 HONGKONG: The metal closed lower in fairly quiet trading yesterday, influenced by a firmer US dollar. Dealers said the US$3l5-level appeared to be a major resistance point for the metal but there was likely to be support at $308. However, buying interest remains minimal The metal closed at $313.10/60225 words
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452 1985-05-09 7 Reuter BANKS may need to set aside capital in support of specific assets to assure they are properly capitalised in the future, according to Bank of England's associate director. The bank came to the conclusion that for a multifaceted group this "concept ofReuter - 452 words
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133 1985-05-09 7 Reuter INDIAN COMPANIES are seeking foreign commercial loans and export credits of about US$2 billion for the year ending next March. US and British bankers say the proposed loans, either syndicated or in bonds, are to finance thermal power plants, oil exploration, fertiliserReuter - 133 words
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241 1985-05-09 7 Reuter THE BUNDESBANK has dropped its opposition to a number of financial instruments but maintains that a line must be drawn when the effectiveness of monetary policy is weakened. This concern for the effectiveness of monetary policy would be heightened if the centralReuter - 241 words
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183 1985-05-09 7 THE WORLD'S foreign exchange market will remain extremely volatile in the months ahead owing mainly to uncertainties in the US economy. At a Beijing hanking conference organised by Bank of China and Euromoney, Chemical Bank's president Mr Thomas Johnson told some 500 delegates183 words
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Page 7 Advertisements
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Advertisement65 1985-05-09 7 •t Maxims Plat du Jour. f 12 13 V 35 Welcome to Maxims de R*ri& 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 Chefs Suggestion Coffee: Chocolate Mints A real French treat for the busy Singaporean executives.65 words
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Advertisement260 1985-05-09 7 First-class sound. VIA Sv KM BLA Uf>u„ i f O < SS&SmT stjw* twMpmm \A w <* at. L <3* s. >* Si <* V V V V The finer the car, the more important the car stereo design, the reception, the sound impact, the ease of operation. Blaupunkt Berlin260 words
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FEATURES
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Article546 1985-05-09 8 FORTY YEARS ago this week a battered, war weary western world laid down its arms, while a few months later the Americans dealt with the Japanese at Hiroshima and Nagasaki. Europe was in rains, the Soviet Union counted its 20 million dead, and the pathetic546 words
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Article, Illustration973 1985-05-09 8 ANTHONY THORNCROFT - An over-saturated market of Impressionists and Old Masters is worrying auctioneers. The latest moves by Southeby's to sell works of art effectively put the auction house into banking. ANTHONY THORNCROFT reports. ANTHONY THORNCROFT FT THE HOTTEST ticket in New York recently was not for aFT - 973 words
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521 1985-05-09 8 AP THEY ARE used in hundreds of Norwegian ski-cabins to power lights, fans, radios and TV sets. On thousands of American pleasure boats they recharge batteries. And they offer according to one expert at least tremendous potential to undeveloped nations and remoteAP - 521 words
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Article144 1985-05-09 8 Letter to the Editor Dear Sr, I refer to your press report on a speech made by MP for Potong Pasir on March 3,1965. He noted that only 7 per cent of Singapore workers earned $3,000 or more per month. I take it that he wants144 words
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Page 8 Advertisements
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Advertisement69 1985-05-09 8 Training improves your chances BT every Wednesday .restaurant. The instinctive choice when... ym hunger for fine french -food enter touting clients mating amends celebrating! impressions count she demands attention you uonderhihat happened to romance, the occasion dictates s» "WSSSS'j" Whatever yourreason, call 223 3366 for reservations Luncheon ■12-2.30pm. Dinner' 7-69 words
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Page 8 Miscellaneous
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Miscellaneous1137 1985-05-09 8 W £MD mat!) HIGHLIGHTS Thursday Feature Special Hellen Keller: The Miracle Continues 9.15pm, Channel 5 This story starts with Helen Keller preparing to enter Raddiffe College with Sullivan, her ever-present mentor. The relationship of the two women over the next two decades is the focus of this drama which has1,137 words
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SPORTS
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567 1985-05-09 9 WALTON MORAIS - By WALTON MORAIS WITH THE Queen Sirikit Cup golf championship only a week away, the two tournaments on the local links this week become pretty useful to the Republic's representatives. Although Kee Bee Khim is not around to benefit from it she's participating567 words
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Article135 1985-05-09 9 UPI BJORN BORG of Sweden and defending champion Carling Bassett of Canada rolled over their opponents in the first round of a US$2OO,OOO international tennis tournament on Tuesday in Kobe, Japan. Borg, 28, who has retired from major tournaments, eliminated up and coming compatriotUPI - 135 words
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467 1985-05-09 9 UPI TOP SEED John McEnroe began his quest for a third consecutive Tournament of Champions' crown in stylish fashion on Tuesday night, sweeping the final nine games for a 6-4, 6-0 victory over Vince Van Patten. McEnroe, the world's NoUPI - 467 words
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Article416 1985-05-09 9 UPI THE OWNER of Kentucky Derby winner Spend A Buck says he will forgo the Preakness Stakes and a shot at horse racing's Triple Crown for a chance at the biggest payday in racing history in the Jersey Derby. "This was an extremelyUPI - 416 words
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Article, Illustration221 1985-05-09 9 AP AUSTRALIAN star Jan Stephenson will be the focus of attention at St Cloud, west of Paris, on Wednesday through Saturday during the US$5O,OOO, 72-hole Hennessy Ladies Cup golf event. The US-based Stephenson heads a field of 73 professional and 12 amateurAP - 221 words
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Article, Illustration437 1985-05-09 9 BRIAN MILLER - By BRIAN MILLER AFTER almost two years away from the competitive pool, Junie Sng will be returning to Singapore next month for a shot at the International Invitation meet. This is the Brisbane-based swimmer's first step in a comeback attempt that437 words
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156 1985-05-09 9 Reuter WALES' soccer renaissance following two recent victories has not only revived the team's chances of reaching the World Cup finals it has also rescued football in the principality from bankruptcy. After last September's disastrous 1-0 defeat by Iceland in its opening World CupReuter - 156 words
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Page 9 Advertisements
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Advertisement243 1985-05-09 9 developing something people throw away. It's often the products we use everyday for mundane things like throwing out garbage that take years and millions of dollars to develop. Most people only think about garbage bags when they don't have one, we think about them all the time. We think about243 words
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Page 9 Miscellaneous
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Miscellaneous666 1985-05-09 9 CRYPTIC PUZZLE ACROSS 1 Something overhead or right behind (6) 7 In it, fine arrangement offers endless possibility (8) 8 A lid broken when put down (4) 10 Look behind the wicket? (6) 11 One devoted to some dead dfctator? (6) 14 Crikey, a dog's tail! (3) 16 Miles of666 words
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INTERNATIONAL STOCKS
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333 1985-05-09 10 Reuter THE Securities and Exchange Commission (SEC) is Investigating possible insider trading linked to the investment activities of Mesa Petroleum Corp. A recent federal court order, issued by a federal judge in AmariHo, Texas, states that the SEC approved a formal investigation in lateReuter - 333 words
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160 1985-05-09 10 Reuter THE HERALD and Weekly Times Ltd (HWT) is closely monitoring developments relating to Australian publisher Rupert Murdoch's control of television stations in Australia's two major cities. An HWT spokesman «airi the group was interested in the chance erf having a Sydney-Melbourne televisionReuter - 160 words
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308 1985-05-09 10 Reuter THE US share market recorded its third consecutive gain on Tuesday, prompting some analysts to say there was hope for further advances. The Dow Jones Industrial Average gained 4.97 points to 1,252.76. The volume on the New York Stock Exchange rose to 100.15Reuter - 308 words
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Article143 1985-05-09 10 MAY 07 a Imp Ofl 52* 18* AMto 17* 37* AJcon 32* 21* Algomo 22 15 HMgi 18* Bank Mont liu ton unch 2* LTXh Bank Nova Scotia 12* Mc BkxU 21* -1* Bal Canada 40* 15* unch BP Con Ltd Brmcan 35* 28 -1* Moor* Cp 24* Can143 words
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Article201 1985-05-09 10 MAY 07 INDUSTRIALS UNMC Wootworth 515 1475 inch -25 A Alpha 775 150 inch -2 2575 AE And a 800 unch -10 -50 An0voal 8500 unch -2400 Amaprop AMtt to 1 8050 C G SmNh 1142 2400 +2 50 Chart* 4108 1260 CNA 260 Cam Murch 1050 -50 ic«201 words
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Article667 1985-05-09 10 MAY 07 US» Alcon AJurrw> Alcoa 23* 30H iMatfrany Lud 24* AM Own Cp Alto jvorn 44* S4K 7 unch Am Biumh Inc 64 Am Broodcotf Am Con Co 109* 52* Am CyonamM Am Bsc Pwf 50* 21* Am Liywi Am Horn* hod 43* 59* ■f Am Mo<or»667 words
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Article692 1985-05-09 10 Amsterdam MAT 07 AM Aagon AhM lb 426 50 4L5 164.50 -0 3 ma -i s Aka 111.70 -0.6 AMEV 241 00 Mil Awo Bank Mul Boh Bur Tat ZZZZ CMand Cotva M M| F* Fokkar Gamma Ciiilbcoc 1 KMnakan HunSTo* In* MiAar Kbb KLM Mfirfin 75JO +0J692 words
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Article96 1985-05-09 10 Reuter THE BRITISH government is to introduce legislation at the earliest opportunity to transfer to a new private sector company all the assets of British Gas Corp. Energy Secretary Peter Walker said this would be accompanied by appropriate regulation of the monopoly aspects of theReuter - 96 words
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Page 10 Advertisements
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Advertisement195 1985-05-09 10 Wtef« la wine, dine and entertain The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Tfcble In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself195 words
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Advertisement86 1985-05-09 10 HOTEL ASIA Many happy ntums a 37 Scom Road. Stfigapo*oo22 B V V W *****88 T*e» RS ***** HOTASIA DEUCIOUSLY NONYA At The DSEfe)' coffee house We recreate epicurean delights from the Nonyas of Malacca just for you. Come and be captivated by our sumptuous Nonya Buffet Lunch every Thursday86 words
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Advertisement62 1985-05-09 10 tS *r< Time: 12 noon 2.30 pm Prtce:sl2.oor Fashion Show: 1.15 pm Mod* by: CtothMby. Top "frond PRESIDENT MERLIN H< 181. KAchenar Road, Singapore 0620 Tel: *****22 Daily new Businessmen's Lunch at only Todaf. Cream Andalouse Roast Loin of Lamb Fresh Vegetables Croquette Rotatoes Mango Ice cream Co#ee/Tea 4 a62 words
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Advertisement144 1985-05-09 10 :AJ '&T m t m A If 9 A 0 0 Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs tQ please the most discriminating gourmet special business lunch at $16 4+ each and $20 each (min. 2 persons). Over 50 a la carte specialities are also144 words
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Advertisement109 1985-05-09 10 *$>[=[('@`</.!@>_~^*.[}|/(%~~[~ v< 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 PI Soul from the Philippines. They'll captivate you! Happy (fours: Spa 7pa. 25% off all tfriaks. CF?ovvn •FKJNCEHCTIL 270 Orchard Road. Singapore 0923109 words
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ASIAN STOCKS
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Article337 1985-05-09 11 HONGKONG: The Hang Seng Index breached the 1,600 point yesterday for the first time in more than three years as share prices closed sharply higher in active trading. The index rose 28.19 to 1,621.45, the highest since Sep 1, 1981 when it stood at 1,647.61. The market opened steady337 words
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Article151 1985-05-09 11 MAY M Al Sinew* Indus Asia Cement NT 2.54 23 30 23.40 -0 13 ixtch -03 Lion Hwo Indus Nan Yo Ptas Pacific Cons Pacific Elect Wire 12.20 26 80 17.90 13.50 -02 -0.2 +0.2 -0.6 001 Chang Hwo Bank 48.30 -02 16.80 -02 Chan Loom 19 90 -0151 words
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Article398 1985-05-09 11 TOKYO: Trading slowed and share prices eased from an opening high yesterday as a wait-and-see mood spread through the market and investors sold off early purchases. The market average rose 14.90 on balance to 12,521.20 after hitting a day's high of 12,565.50 in early trading. Turnover was a moderate398 words
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Article95 1985-05-09 11 MANILA: Share prices closed generally firmer yesterday in continued dull trading. The Commercial A Industrial Index was up 0.75 to 132.73, the Mining Index firmed 1.88 to 653.86, while the Oils Index was unchanged at 0.653. MAY OS 0.0014 unch 0 0014 unch Onanfoi B 0.01 unch ***** Ktch95 words
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Article361 1985-05-09 11 SYDNEY: Share markets closed at record highs yesterday with gains across the board due to currency factors. The All Ordinaries Index climbed 10.9 points to 889.6 points, its second successive record day. The All Industrials Index set its third successive record, 7.1 points higher at 1,233.0. The Gold Index361 words
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Article159 1985-05-09 11 BANGKOK: Share prices closed lower in quiet trading yesterday. The Book Club Index dropped 0.31 to 135.41. Losers led gainers by a small margin. Turnover fell to 303,145 shares worth 36.0 million baht from Tuesday's 370,711 worth 53.5 million baht. MAY Ot Boat* Sam Ctaan 95 -3 A ok159 words
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Article67 1985-05-09 11 MAY 06 Won 612 -3 Hyivtdai Const Hyunboi Motof KAL 901 554 446 unch +6 1 585 Korea Fnt 662 631 uncH +i Korea She 476 -2 481 4 Lucky Ltd 598 +8 559 +9 707 +2 Dong Ah. Goid S»or 498 -*-13 SamMtg EWc 795 5 580 -967 words
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Article55 1985-05-09 11 AFP JAPAN'S Daihatsu Motor Co's car output last month was the highest monthly production ever recorded by the company. A company spokesman said Daihatsu produced 70,867 units, 15.6 per cent higher than in the same period last year. The carmaker had never previously produced more than 70,000AFP - 55 words
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564 1985-05-09 11 THE CURRENT year and the next are the most likely time for major corporate takeovers in Hongkong because of the possibility that the transition to Chinese sovereignty might turn sour eventually. The Quarterly Country Risk survey on Hongkong compiled by Political564 words
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306 1985-05-09 11 Reuter SANYO ELECTRIC CO LTD's American subsidiary, Sanyo Electric Inc, has introduced a line of consumer electronic products that it expects will increase sales to US$l billion in the US from about |800 million last year. Jeffre Berkowitz, executive vice-president for marketing, said:Reuter - 306 words
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Page 11 Advertisements
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Advertisement638 1985-05-09 11 'M M IP as f. r* «ra Al you'll ever want from a card and more s&* j Sb» L iiiiii" 1 FOR FURTHER INFORMATION CALL i The authentic taste of Japan. A Japanese manager Japanese Chefs. A sushi counter, four teppanyaki griddles, a spacious a la carte restaurant and638 words
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Advertisement63 1985-05-09 11 a i m 4 w "»C &K > 3 r flBB!§f v*; M V For reservations please call 734 6622 ext 142 19 Cairnhill Circle Singapore 0922 J Our Chefs u Recommendation: 50 Stear**)^ 55 §380 JKS£^\«£--Sweetened Beo i 4 Lunch Speciality: Dian Xin I A. I TUNG LOK SHARICS63 words
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RAW MATERIALS
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679 1985-05-09 12 Reuter THE Wool Council of Australia has recommended that the indicative average floor-price for wool at auctions be set at about 500 Australian cents per kg clean for the 1965-86 season beginning July 1. Delegates to the council's conference in Melbourne said theReuter - 679 words
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Article, Illustration170 1985-05-09 12 Reuter THAILAND is unaffected this year by the price controls the International Coffee Organisation (ICO) has imposed on exports to non-member countries. Commerce Ministry officials said Thai exporters had contracted about 7,000 tonnes of advance non-quota sales for the July-December period beforeReuter - 170 words
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Article130 1985-05-09 12 Reuter AMERICAN Senate Republican leader Bob Dole has urged an export programme be set up for surplus US commodities. In a senate speech, the senate majority leader said it was clear there would not be international trade talks to reduce export subsidies. He saidReuter - 130 words
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Article301 1985-05-09 12 Reuter MALAYSIAN crude palm oil (CPO) prices are likely to be lower in the coming months after rising to a peak of M 51,750 a tonne on April 26. Traders and industry sources forecast prices in the cash market to fluctuate between $1,400 andReuter - 301 words
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Article153 1985-05-09 12 MALAYSIAN crude palm oil prices closed lower on short selling and profit-tak-ing yesterday after Pakistan rejected offers at its RBD palm oil tender on Tuesday and a weaker Chicago soybean complex close. Trading was thin and interest centred on May. South, central and north regions fell MsBo, $70153 words
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Article231 1985-05-09 12 SOYBEAN futures on the Chicago Board of Trade closed eight to 6V* US cents a bushel lower on Tuesday, with July and August posting new contract lows in the fairly light activity. July ended near the bottom of a 13-cent range. The strength in foreign currencies against the American231 words
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Article235 1985-05-09 12 SINGAPORE The market closed firmer yesterday with May One RSS buyers quoted at 169.00 cents per kg, up 1.75 cents from Tuesday. The morning market gained 1.75 cents on covering interest of nearby positions. Prices were unchanged from lunch-time levels in quiet afternoon trading. MALAYSIA The market closed slightly235 words
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Article281 1985-05-09 12 RAS prices in S cants/kg, FOt m b alas NOON CLOSE Int 1 RSS Prompt mvywn 169 00 170.00N 169 00 170.00N Int 1 RSS May 85 169 00 170 00 169.00 170.00 Int 1 RSS Juna 85 166 75 167.25 166.75 167 00 Int 2 RSS281 words
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Article93 1985-05-09 12 (cwtttAg, l-tw* MAY 85 JUNE 85 (currcfi it month) (forward month) NOON NOON RAS Stflovs Bwy«rt ScMore SSR 20 167 00 169.OON 169.00 171.00N SSR SO 165.00 I67.00N 167.00 169.00N MRELB uym f -M- Jtwtn luyn SMR CV 210.50 212. SON ***** *****N SMR L 214.00 216.00N93 words
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Article108 1985-05-09 12 THE KLTM price finned another 41 eeita to M 128.41 per kg yesterday, still belew ike ITA fleer level ».15. Tfce firmer leattmeit mi kelped by a —teller etterlag ud eeetiaeed d—id fcy lecel, Japaeeee aad Earepeea beyDealers eald tkey did aet detect activity by tke befler ateek108 words
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Article153 1985-05-09 12 Yarn (In HK$ par Ma of 400 ft) China corded yarn, cones Blue Phoenix 16'* 2,550 Hua Phoanix 20" 2,700 Blue Phoanix 32's 3,300 Blue Phoanix 40"» 3,650 Carded yarn, hank 2,900 Bkie Phoanix 2l's Combed yam, cones Bkje Phoanix 32's 4,350 Bkie Phoanix 40*s 4,500 Open-end yarn 2,400153 words
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91 1985-05-09 12 Reuter AUSTRALIA has been guaranteed growth in imports of grass-fed beef to Japan and will be the first source of supply when South Korea is able to reopen its beef market. But Australia's Trade Minister John Dawkins said its success in the Japanese andReuter - 91 words
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Article847 1985-05-09 12 COFFEE Robusta futures ended a lacklustre session yesterday, unchanged to £12 below Tuesday's close and little changed from midmorning. July finished at £2,188, down £12. The market was expected to open £20 to £25 down based on the sharply lower close in New York. But the influence of847 words
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Article145 1985-05-09 12 Chineee Produce Exchange Robutta 20/25% FOB NSW 477.50 (S»M«n* mom dewe pri May 08. SV100 k 0 V c« om Nutmeg 110 FOB NSW 396.00 Coconut oil E&WFOBNSW 248 00 Bute FOB 140.00 Gam bier Od drum FOB New drum FOB 153.00 157 00 FOB NSW 330.00 Copra145 words
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Article265 1985-05-09 12 Singapore (S$/Mo, §aJmm) Fragrant new crop 1st 0 86 2nd 0.64 3rd 0.60 New Crop 25% no stock 10% no stock Thai Brokan A-super 0.S6 Special 0.54 Thai Rica C-1 Ord Loonzoin Rica 100% 1st grade 100% 2nd grade 100% 3rd grade PorboMad Rica 5% 10% Maiza Hongkong (HK$265 words
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Article219 1985-05-09 12 WHEAT FUTURES on the Chicago Board of Trade closed one to two US cents a bushel higher in fairly light trade on Tuesday. July ended near the top of a four-cent range. Wheat values continued to recover from recent contract lows as strength in foreign currencies against the US219 words
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Page 12 Advertisements
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Advertisement58 1985-05-09 12 A 4 private tatami moms, each cheerily cosy tastefully furnished. M Kampachi's very own 'Happy Hours' from 6pm to Bpm daily. So juice up the evenings with 20% off all drinks plus canapes on the house. Also 20% discount on a la carte dinner orders from 6 pm to 10.3058 words
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SHARE INFORMATION
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Article, Illustration4071 1985-05-09 13 THE SINGAPORE market drifted again yesterday amid another session of thin trading and marginal fluctuations in share prices. At the closing bell, the BT Composite Index was unchanged at 706.96 and the Straits Times Industrial Index rose 1.22 points to 790.53. The volume remained4,071 words
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Article246 1985-05-09 13 SINGAPORE RitM Indicas so« 206 11 Mar 7 May 8 KaataAf Spin 240 4-6 8T C aa*aa ita 705.98 705.98 D I S (aealnQi 590 4-5 TMtaN *****35 *****84 385 5 8T 08/0S -177 -231 M Inm w 540 4-5 STMattm ib 789.31 790.53 TDM 278 5246 words
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Article2245 1985-05-09 13 810 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 lota of 14)00 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SUT.2,245 words
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Article229 1985-05-09 13 BRITISH-AMERICAN TOBACCO Cempaay (Singapore) Limited: Forty-sec-ond AGM at 57 Senoko Drive, Singapore today at 11.30 am. DUNLOP MALAYSIAN INDU8TRIK8 Berted: Twen-ty-fourth AGM at 4 Jalan Tandang, Petaling Jaya. Selangor today at 9.30 am. ESSO MALAYSIA Betted: Twenty-sixth AGM at the Ballroom, Equatorial Hotel, Jalan Sultan Ismail, Kuala Lumpur229 words
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Page 13 Advertisements
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Advertisement12 1985-05-09 13 KL market report and Business don« on ttM KLBE 8m pag* 1412 words
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COMPANY NEWS
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Article, Illustration775 1985-05-09 14 CHAN OI CHEE - By CHAN OI CHEE THE SORT OF PROBLEMS faced by the Keppel group would be enough to freeze some managements, but chairman Sim Kee Boon is clearing the decks for action. In his annual report, the former senior civil servant who took over the775 words
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459 1985-05-09 14 UPI UNITED PRESS International chairman Luis Nogales appealed to America's newspaper publishers to accept a 9.9 per cent special assessment to help UPI survive its financial troubles. "We can't do it alone. We come to you now to ask you for your support,UPI - 459 words
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Article200 1985-05-09 14 Monomers' prices for May 9 Singapore Unit Trust Th* Conrwrct 1 96 2 06 Th* Savings Fund 1.39 1.47 S'por* Prog Fund 0 82 0.87 S'por* Sk Fund 1.21 1.28 S'por* Invest Fund 0.89 094 S'por* Equity Fund 083 088 Asia Unit Trust Mol InvMt Fund 2 06200 words
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748 1985-05-09 14 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI IN SPITE OF the slowdown In the local construction industry last year, the (our publicly-listed building contractors, popularly known as "the 4Ls", have held up quite well. Even though 1965 promises more competition for Lee Kim Tah, Lum Chang, LAM Group Investments748 words
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557 1985-05-09 14 SHARE PRICES closed mixed to slightly easier on the Kuala Lumpur stock market yesterday in dull and listless trading. Some counters rose on bargain-hunting but overall, price movements were small with losses and gains confined to a few cents. The market557 words
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Article1718 1985-05-09 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. VDUSTRMLS Ajinomoto (3.006 3.205) xd A Choc (1.996 1.205) (38)1,718 words
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298 1985-05-09 14 SHAREHOLDERS of Kesang Holdings Bhd have been advised to sell their shares on the KLSE and gra if the market price of Kesang shares does not fall below M 53.50 per share during the offer period. This was the recommendation of Aseambankers Malaysia298 words
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Article45 1985-05-09 14 Company BONUS ISSUE Grand Central Three-fof-two Ex-dote May 14 Book Oom: May 21 Selangor Dredg Frve-fof-two Sub-drvision of SI par into two shore* of 50 cents eoch Ex-dote May 14 Books dose: May 24 Yoohon 0.3-for-one Ex-date: May 15 Books dose: May 2045 words
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Article128 1985-05-09 14 Company RIGHTS ISSUE Dah Yung One-for-one e $1.00 per shore Ganda Hidgs One-for-four fc $1.00 per share George Town Two-for-one $1.00 per shore KiBmghall Two-for-five $1.15 per shore Londmorks Hldgs One-tor-four £$100 per share O U B One-for-five $2 50 per share Peak Hua Three-tor-two fe $150 per128 words
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697 1985-05-09 15 mms mm!** By HOCK LOCK SIEW THE NEW OWNERS of Parkway Holdings Ltd appear to be charting a course of expansion abroad. Barely three months after the company, formerly Singapore Glass (1974) Ltd, assumed a new identity and was reclassified as a property concern, itBy HOCK LOCK SIEW - 697 words
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Article268 1985-05-09 15 Bernama SOCOIL Corporation Bhd has proposed to pay interest at 12 per cent per annum to every unsecured creditor entitled under a cash repayment scheme of 30 cents for every Msl from March 2L Datuk Bek Neilson, chairman of the unsecured creditors' committee, said inBernama - 268 words
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Article885 1985-05-09 15 SELECTIVE institutional buying interest gave share prices a firm undertone yesterday but turnover remained thin. Initial sentiment was still dampened by the larger than expected rise in UK M 3 money supply and bank lending for April published on Tuesday. The FTSE 100 share index at 3.30 pm885 words
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565 1985-05-09 15 LORETTA McLAUGHLAN - Private placements in Singapore, China and Hongkong By LORETTA McLAUGHLAN MALAYSIAN businessman Lee Ming Tee is placing nine million shares of his Australian company, Sunshine Australia Limited, in Singapore, China and Hongkong. It is understood that these are new shares being placed565 words
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294 1985-05-09 15 AMY CHEOK - By AMY CHEOK HAVING successfully built a presence in the brokerage business, Merrill Lynch is now expanding its services in private and investment banking in the Asian-Pacific region. Merrill Lynch International Asia, .which has been mainly involved in commercial banking and private banking operations, will294 words
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Article95 1985-05-09 15 TALAM MINES BM has received a notice of takeover from Asia vest Merchant Bankers (M) Bhd on behalf of Superplex Sdn Bhd to acquire the remaining issued shares in the company at M$16 cash per share. HAJI ABDUL Rahim bin Abu resigned as chairman and director of Berjaya95 words
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431 1985-05-09 15 PAPER manufacturer Muda Holdings Bhd is expanding its business by acquiring Kajang Paper Mills Sdn Bhd and Century Packaging Industry Sdn Bhd as well as a 50.03 per cent stake in Central Malaya Paper Sdn Bhd. Muda said yesterday it had entered into three separate431 words
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Article284 1985-05-09 15 VAN DER HORST Ltd has slipped into the red at half time. But the company hopes to be back in the black (or the full year as it expects better results In the current six months due to an increase in the number of284 words
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271 1985-05-09 15 TRADING in the shares of Hong Leong Co Ltd resumed in Hongkong yesterday after a one-day suspension following its purchase of a bank for HK$257 million. The company acquired Hongkong Industrial A Commercial Bank through Overseas Trust Bank that agreed to sell its 62271 words
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Page 14 Advertisements
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Advertisement18 1985-05-09 14 ft lygygg/. ~w t m m V> m Y% H > 11 if m i ss V &.A SJJ18 words
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Page 15 Advertisements
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Advertisement138 1985-05-09 15 %:~*{;\$[>,(|$'}__:\[%)?%?)?,$/ asssEiEam. Jones Lang Woxstfta WwKtng Property Constants Real Estate Agents Valuers Auctioneers Property Managers Applications are invited from suitable candidates for an overseas appointment as MARKETING MANAGER Preference will be given to applicants with the following: Several years' experience in marketing of shopping centres; Working knowledge of Bahasa Indonesia,138 words
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Advertisement6 1985-05-09 15 Managers must manage... BT every Monday6 words
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Advertisement21 1985-05-09 15 I XV A f 0 [V\l r fieagan in Germany togoe WW} MnmitM The Worlds No.l Newsmagazine Read TIME and understand.21 words
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379 1985-05-09 16 CHUANG PECK MING - By CHUANG PECK MING ASEAN COUNTRIES would benefit from Singapore's defence spending, particularly in the light of the instability in Southeast Asia, said the Minister of State (Defence) Lee Hsien Loong. Brig-Gen Lee was speaking in response to a question from the audience after an379 words
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167 1985-05-09 16 Reuter BEIJING has warned its residents of food price rises later this week and has taken extraordinary steps to prevent panic buying, according to the New China News Agency. At midday yesterday, (ood shops put up notices announcing increases in the prices of meat, poultry,Reuter - 167 words
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Article329 1985-05-09 16 Reuter CHANCELLOR Helmut Kohl's Christian Democrats (CDU) appear braced (or a battering when a third of West Germany's voters go to the polls on Sunday in the country's most populous state, North Rhine-Westphalia. Opinion polls predict the party will get its lowest voteReuter - 329 words
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Article239 1985-05-09 16 MR HARBANS SINGH, general secretary of the United People's Front, has complained to the Law Society of Singapore that he was punched by two lawyers on two separate occasions. The incidents, the latest of which occured last month, happened in the Subordinate Courts Bar Room.239 words
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308 1985-05-09 16 Reuter PRESIDENT Ronald Reagan, in a speech to the European Parliament marking 40 years of peace since World War Two, yesterday accused the Soviet Union of undermining the nuclear balance by building a firststrike strategic missile. He also put forward a blueprint for expandedReuter - 308 words
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384 1985-05-09 16 LISA LEE - By LISA LEE THE TERMS for building a block of HDB flats laid down by opposition MP Chiam See Tong have been rejected by the Minister for National Development, Mr Teh Cheang Wan, on the grounds that the conditions would give the Social384 words
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Article115 1985-05-09 16 Reuter THE US merchandise trade deficit on a balance of payments basis expanded to U5528.33 billion in the first three months of 1985 from $24.39 billion in the final quarter of last year. The Commerce Department in Washington said yesterday that the report excluded military tradeReuter - 115 words
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Article79 1985-05-09 16 Reuter THE New York stock market slipped lower in early trading yesterday, as a three-day advance ran out of fuel. The Dow Jones Industrial Average was off more than (our points to 1248 on turnover o( about 9.96 million shares. The index had bounced back about 10Reuter - 79 words
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LATE FILE
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Article52 1985-05-09 16 'Fine way of providing jobs AFP THE THAI government is recruiting unemployed college graduates to blow the whistle on companies violating health and environmental laws, in return for 50 per cent of any fines collected as a result of their reports. The move is aimed at helping out overworked governmentAFP - 52 words
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Article57 1985-05-09 16 AFP NATURAL GAS reserves in the US continued to increase last year despite a drop in both prices and the number of drilling operations. The American Natural Gas Association said in Washington yesterday that new reserves, excluding Alaska, amounted to 17,500 billion cubic metres, twoAFP - 57 words
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Article50 1985-05-09 16 Reuter CANADA'S seasonally adJusted index of gross domestic product improved by 0.2 per cent in February to 153.4, base 1971, after a 0.2 per cent rise in January. The February year-on-year rise was 4.9 per cent against a 3.7 per cent increase in January. ReuterReuter - 50 words
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Article42 1985-05-09 16 Reuter NEW ZEALAND'S internal deficit fell to NZ$2.B billion in the fiscal year ended March 31 from $3.1 billion in 1983/84. Revenue rose to $12.5 billion from $11.1 billion while spending rose to $15.3 billion from $14.2 billion.Reuter - 42 words
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63 1985-05-09 16 NYT THE US House armed services committee on Tuesday voted to cut US$l.2 billion (rom President Reagan's proposal (or a space-based defence programme against missiles. The vote, in a closed meeting, was the first major issue faced by the committee as it began aNYT - 63 words
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Page 16 Advertisements
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Advertisement39 1985-05-09 16 \\egi\eM3umae *2 WUJB Huntx^ffc«?r*-T*r IJLiteXir^yJyLMr mv mXrn I Tiiooita w "X POSB CURRENT ACCOUNT. A popular service to settle payments without using cash. *-T i Vn v >\ fjl USHK JBJ i I i i -7*l i *i» C 139 words
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Page 16 Miscellaneous
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Miscellaneous51 1985-05-09 16 TIT FT** 3 mm Report for 24 hours prior to 7.30pm on May 8 at the airport: Maximum temperature 33.6 Assorinfri humidity 59 Minimum temperature 25.2 AMoriiilid humidity 97 Hours of sunshine 7.80 n f| i y til* KQwiihii IVV VVMIVMWvW w Rainfall this month 1.4 Rainy days this month51 words
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SHIPPING TIMES
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PORTSIDES
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Article45 1985-05-09 17 Reuter THE NUMBER of ships awaiting berth at Chittagong port rose to seven, with maximum delay offive days, port officials said. Five ships are carrying general cargo, one rice and one cement. Last Tuesday, six vessels were awaiting berths at the port. ReuterReuter - 45 words
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Article136 1985-05-09 17 OVERSEAS SHIPBUILDING orders, excluding oil rigs, placed with South Korean shipyards rose to 303,000 gross tons in the first four months of this year from 262,000 in the same 1984 period, officials of the Korean Shipowners Association said. The value of orders fell to US$lB4.B million from136 words
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Article327 1985-05-09 17 G DURAIRAJ - Sailings will be provided fortnightly By G DURAIRAJ IN SPITE OF stiff competition in the coastal trade Nortrans which made its debut in the SingaporeSa bah-Sarawak trade last October, has found the going rather smooth. The favourable response it has received has induced the Norwegian327 words
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Article121 1985-05-09 17 AN INCREASE OF 50 per cent in its shipowning membership is essential if the Baltic and International Maritime Conference is to truly represent owners, the newlyelected president, Mr Atle Jebsen said. Bimco can only be as strong as the sum of the strength of its 3,000121 words
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203 1985-05-09 17 SOME JAPANESE shipbuilders have taken steps to re-organise their workforce. Mitsubishi Heavy Industries which had 28,000 shipbuilding workers on its payroll 10 years ago, now employs only 9,000 following efforts to reduce the surplus personnel, reported Sea trade Week. As at April 1, 5,632 workers203 words
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252 1985-05-09 17 TMR/ITN THE UNITED States Federal Maritime Commission has asked conference members and independents whether they endorse a tariff refund provision proposed by two conferences covering the US-Ja-pan-Korea trade. The Trans-Pacific Freight Conference of Japan/Korea and Japan/Korea Atlantic Gulf Freight Conference recently asked the FMC toTMR/ITN - 252 words
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Article, Illustration1149 1985-05-09 18 Decline in number of administrative stops at Indonesian gateways Reuter PRESIDENT SUHARTO and his technocrat ministers have gone on an uncharacteristically bold and aggressive campaign to sharpen the competitive edge of Indonesia's non-oil and non-gas exports. In a move that has startled many Indonesians, theReuter - 1,149 words
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Article642 1985-05-09 18 Af*o VI 3 Andeko Shpg VI 1 ANL 1 APC Lin* V 4 APL 4 ASCL 1 Astabroker V 5 Austosio Lin* V 1 Balt-Onent VI 4/5 Bangkok Cont VI 2 Bank Un* V 5 Boyswater Shpg V 4 BBS 1 4/5 B«n Lin* V 3 Bki*642 words
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Article1894 1985-05-09 18 The pattern of freight rates showed little change from established patterns on Tuesday on the London freight market, where activity was heavily weighted in the time-charter section. In South America, Docenave booked the 38,250 dwt Northgate at U554,600 per day (plus $140,000 ballast bonus) for a time-char-ter trip1,894 words
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Article191 1985-05-09 19 •an INDEPENDENT British shipbuilder, Souter Shipyard, has won A a £1.5 million contract to build a research ship. The order was placed by Morning Watch Ltd, a company in Guernsey in which Mr Sumner Gerard, the former US Ambassador to Jamaica is the principal. The191 words
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Article250 1985-05-09 19 AFP CHINA IS facing difficulty in obtaining space-age technology to develop its shipbuilding industry because of a US embargo on the sale of strategic material to communist countries, a Hongkong newspaper said. Recent closed-door talks between China's state shipping corporation and the US Boeing CorporationAFP - 250 words
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84 1985-05-09 19 THE AUSTRALIAN government is to provide A 570.5 million capital to the state-owned Australian National Line (ANL), Transport Minister Peter Morris announced. This follows an official review of ANL's longer term financial viability and demonstrated the government's determination to make ANL more efficient and84 words
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Article57 1985-05-09 19 UPI ABOUT 40 SHIPS from four nations started a Nato naval and marine exercise in the North Sea and the Skagerrak Channel between Denmark and Norway. The war games, codenamed "Bright Horizon," last until May 16, said a German naval spokesman. West German, British, Danish and NorwegianUPI - 57 words
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Article755 1985-05-09 19 AFP HOLIDAYS in Europe and the Far East contributed to a general lull in activity in the single voyage sector of the freight market over the past week, though time chartering continued fairly buoyant. Vessels available in Europe were again required particularly for round voyages via South AmericaAFP - 755 words
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Article184 1985-05-09 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. Cbo Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd184 words
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96 1985-05-09 19 Reuter INDIA'S MERCHANT shipping fleet rose to 433 ships totalling 6.38 million gross registered tons (grt) at end-1984 from 405 totalling 6.09 million a year earlier, the Indian shipping ministry said in its annual report. It said 47 ships totalling 1.04 million grt were onReuter - 96 words
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5642 1985-05-09 24 A guide to ships loading at Singapore for ports around the world The liit 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 of5,642 words
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Article715 1985-05-09 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO b Godws FCL Arrival J for LCL movement Ship Voy date/time Operator cargo schedule Location Gowa 19HB 09.5.85 2300 Eka Jaya F7 0930-1100 L3 Chitral 48HW 09.5.85 2300 Eastern M F7 0930-1100 L8 Ratu Konsort 168N 09.5.85 2330715 words
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Article1743 1985-05-09 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies «S# Afra-F.arasia Liar Trans group (Si Ahreaklel Liner Service Kim Shpg < SI Alfred C Teepfer Oreanus Shipping Agen cies (Si Manntex Enterprise (PKi AI par Intrasea (Si Bintang Shpg1,743 words
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Article481 1985-05-09 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES B Prase tya K20 Foong Sun alongside 9.5.85/2359 Builder m K23 T Soon alongside 95.85/0700 Kota Sejati K32 PIL alongside 9.5.85/1500 Phethal K34 Trl Ocean alongside 9555/1200 Equator m K23 T Soon 9.5.85/0700 9555/2300 Huayin K30 Y481 words
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Article444 1985-05-09 26 May 6-6 17th annual offshore technology conference, Houston, Texas. May 6-16 Nor-Ship-ping '85, the 10th International Shipping and Maritime Offshore Exhibition and Conference, SJolyst Exhibition Centre, Oak), Norway. May 7-16 International port exhibition, Hamburg. May 18-11 17th biennial conference annd assembly of the International Cargo Handling Coordination AsKxriatkn,444 words
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Page 17 Advertisements
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Advertisement315 1985-05-09 17 HEUN6-A SHIPPING Korea Hag Vsls Regular Liner Semi-Container Service To: P. Kelang/Penang Busan/Inchon Fm: Busan/Moji S pore Agent: Neptune Agencies Pte Ltd Tel: *****77 P.K. 3895 M, PN *****5 K.L. *****0 mm PRESIDENT SUHARTO and his technocrat ministers have gone on an uncharacteristically bold and aggressive campaign. Pag* II CHINA315 words
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Advertisement261 1985-05-09 17 UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shtnlon Mty 04 02C Marina Mout* Singapore 020.* T»l *****94 T>l r No WS ?S4 is CFS oMic» TPC 03 30 T»l *****31 and *****3? T.rmmal ottica TPC 03 29 T»l No 2772*90'*****93 UASC NATIONAL LINE ARAB EMRATE EXPRESS FULL CONTAINER261 words
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Advertisement391 1985-05-09 17 Foreign ExcftcirKJ® Dealing s T»nes Centre 1 New industrial Road Spore 1953 T«l: *****44 A m«rr®» at t*e times o>oar*Kt<cr^ SS6 50 Each TO I •> PACIFIC (ILII AT! ANTK .1 ASI CANADA IN! AND I li/l 11/ l 15/1 15/4 11/ l a/6 22/4 22/6 25/1 27/$ a/6 a/4391 words
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Page 18 Advertisements
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Advertisement271 1985-05-09 18 USA/CANADA VAMABHITA-SHINNIHON LINE CONTAINER SERVICES Atlantic/Canada fadar at Kaba mkmPL n row u» mm' MONM a/I 21/» 25/1 Yiisaa a nt% n/% w TOMB N. 14/7 4/7 12/7 aim a*Mofm§ LCL Cargo lor m n faU M bM 12/5 13/5 15/5 21/5 a/5 27/5 21/5 34/5 tt IK ta, IMnim271 words
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Advertisement138 1985-05-09 18 Supercarrier Service If ILI KIT MMMMUtMKI TOM 12/5. WKI TMVA 17/5. BMKR NAM 27/5 TO: CALJFORNtA PANAMA US ATLANTIC US OULF E. CANADA CMki fcr Mb <1U). 1 Fractal (MM. IMtta Sa Dkp I faftat CARIBBEAN CENTRAL AMERICA CHILE CM Parti laa. Sa Im, Parti Carta. Gatata Qt}. Sa Sataor.138 words
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Page 19 Advertisements
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Advertisement501 1985-05-09 19 (TTQ, The Straits Steamship Group STRAITS SHIPPING Slngapora to SsbMh, Sarawak, Brunei Ports and Bangkok QCC Overseas Containers Limited u ONTAINERSHIP SfRVICE TO UK CONTINENT Stoa Iftoj Inm 31/5 M/l M/l •7/C M/l U/C 17/* U/C 21/ C M/( 2S/C nt% 82/7 M/ 7 M/ 7 M/ 7 11/7 12/7501 words
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Advertisement499 1985-05-09 19 Franco Belgian Services 'tt 4* (Mf MHf R Of AC I CONSORTIUMi r 4. i o CHARGFURS HAVRAISE MEDEX I <VF I: I I 1,1 '..T ML KV I' ■Ti ix .1 i Mf D CLUB MEMBfi nm 31 H*T Ikm Ckm I 1b km M km 15 km M499 words
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Page 20 Advertisements
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Advertisement294 1985-05-09 20 rage l Hapag-Lloyd TO CONTINENT/UK Or caniafa to Scandnavia, Mad, Wand Kaub|a to Wand destwatt ffkw| rhmn Uaan Lt Mwf Hwi 2/1 4/1 5/1 7/4 10/S 13/4 14/4 14/4 19/4 H/4 23/4 25/4 24/4 24/4 24/4 1/7 4/7 4/7 7/7 4/7 14/7 12/7 11/7 15/7 24/7 22/7 2J/7 25/7 27/7294 words
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Advertisement124 1985-05-09 20 11C.S. LINE FULLY CONTAINERISED SERVICE FROM fUROPf VIA SIH/ I Memoer of the Ace ConuvfMMn aw comma m kqkjm chance in HONGKONG CONTMOt 441 2/6 S/C 10/6 5/6 12/6 17/6 TUIIY CONTAIN! RISFD 10 FROM NORTH «M»RICA MSI ..U«M BE3 CSMna CONVENTIONAL SERVICE To/From BUS AN KM U MWSuHi Iw*C124 words
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Advertisement274 1985-05-09 20 THONG SOON ABENCIES PTE. LTD. #09-07. ROBIN A HOUSE. SPORE 0106. TEL: *****88. TELEX: US ***** BOOKING: *****56 (OIRECT LINE) Affmnts: In** TiMfNrt ft Mm FweNN MMm—M UUI 325 SJ>M Bidg, Silom Rd, T1: *****93/5 tt SIN CHIAO SHIPPING AGENCY PTE LTD tmmm TR »I»ii mam. b3337cn COLQ9BO/KARACI9/A.G./RED SEA 12/15274 words
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Advertisement736 1985-05-09 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) i/noaoK no mm MMSia/nai mnn UOKCOTNEC 1) MMK 2) ATUMTA,« Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) *c FIX IPC TTO ORIT 11/S 11/ l 12/1 14/1 IVI li/l 24/1 MM H/S U/1 11/1 a/I 21/1 22/1 M/l amu vi a/i 2Vi736 words
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Advertisement178 1985-05-09 20 mSINOSE MARITIME PTE LTD ESQ ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES laafri tor iNrt iTß*,n »/s KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC KTOWA COSMOS 12/5 hgpri. Ww*. A* r JMrtSvJfi Mfu 9 RMVIi ft***.****. OCtHH QUEEN 7/1 4/6 fcppn, Mmd, Lm, PJhmky. KkU HMfa 9 LmUu.178 words
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Page 21 Advertisements
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Advertisement571 1985-05-09 21 PACIFIC INTERNATIONAL LINES Vv\ PII Buiidiiui. MO Cecil Street 03-00 Singapore 0106 Tel *****33 EAST AFRICA/REDSEA SERVICES LOAOMQ FOft Amy^iiiiAILgPPAHJTiUPAM DMOUTL HOOODAH, *DOAH. «WT VOYAQC HONQKONQ I-MS 11-1 M ■jn 11-i/t KOTAMTU KOTA KOTA KOTA KARACHI/M.E. GULF SERVICES ONQ MNOAPOKC KARACHI VOYAQC 10-11/7 1-U/l 10-rr 20-21/8 17-11/1 COLOMBO/CHITTAGONG/RANGOON SERVICES VOYAGE571 words
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Advertisement544 1985-05-09 21 r BENLINE CONTAINERS EXPRESS CONTNNER SERVICE TO/FROM EUROPE faM faM MhM faM IV? 17/5 NK. TM MM MMM S/S M/S Km faM faM faM 1/5 11/9 a/5 H/5 M. TM 1175 11/5 14/5 11/5 11/5 t/t l/i Rfll 15/5 17/5 11/5 a/5 a/5 11/1 18. VL it/5 a/5 a/5 a/5544 words
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Advertisement418 1985-05-09 21 DJAKARTA LLOYD IN[M >Ni(• MAN f\|A NA! V bi*Liai» m imak al\> K¥:K(L>. l >.«*>*: 3 iko/;.* =*5 A' i>:a lj I Li«;« KM W MM "M4TMUMT V-12M VIKarMC MM «NM MNTTT MM o MJO MJO «t» *ct •LSO KQPHB BOTH on ram. WU. IBMK. MIT Zl/I 74/1 21/1 2«/«418 words
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Advertisement332 1985-05-09 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (BurmtM Wittwwl Um) Loadhi fv Rf mi rpn Pl** Nm ys. BANK UNI SPOKE R'DAM HULL HMSG CLYDEBANK SM 2 Jun 6 Jun 9Mm TAUSALA SAMOA 26 May 21 Jwi 29 Jwt 25 hm A HYUNDAI MERCHANT MARINE MILK TMMEK AND PLYWOOD SERVICE USA332 words
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Page 22 Advertisements
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Advertisement748 1985-05-09 22 JM 1 H T C\ K LINE KAWASAKI KISEN KAISHA, LTD. irm no.fi rw van mk bmyhqmi cauao mu huqh «m«t« umoto mmm 22 Mr 23 Hi; tt Mr 27 Mr MMi 25 M 2MI IM| 7M| •Ml 11 Ml 13 Ml Htt.fi PK VOK UK MTIMi.O ICJMCO n QMTZMACJUimt748 words
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Advertisement359 1985-05-09 22 CMJEORNA/PACffIC NORTH NEST SERVICE EXPRESS CONTMNER/REEFER/BULK SERVICE IMM| Iw. LOS ANGELES. SAM FMNCSCO SEATTLE. TACOMA. VANCCXMR IC Accaptai Fa/fa Cwbwi i/im si AUSTRALIA EXPRESS CONTAVO SERVICE AcapMl fa/fa CiH— > P AM* rpn Emm M* St* MMMS 9/10 Iky 11/12 Iter 31 21 thy 71 to? AM 'HAMAS' 24/21 N*359 words
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Advertisement183 1985-05-09 22 SANKD ASIA FROM JAPANCSF ROUTS ANO MOHGHONG CO GOLDEN LINE GUM GUM) SWnK (TIE) LTD i 11ifi L UM T* 2*211. 37*1, 225*53. 22*43 MBLMB T*i NK M *71* Nm Nr Mtn COM ft. I« I* 2MJI MK7I s B!Nff\r i' ftp a A atftn N 12/9 1)/) W* Foyia183 words
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Advertisement312 1985-05-09 22 INTRASEA tPTEI LTD U. ~.-1 ZJ s, 0?0/ T »«i jl> o BREAKBULK SERVICE TO EUROPE/UK FORT «LXMI fpmt P. MH|Uafe| hr- ki fart MTT/MT/UL (MOM) SEA WOOD AND R.M2 Sport P.Mani Lm*| fir fIMKLOI I WTII UMq IMq ■**Mflfeah/ P.T PERUSAHMN PELAYMMN KALIMANTAN DRECT MEEKLY SERVICE TO JAKARTA ETA/ITB312 words
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Page 23 Advertisements
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Advertisement346 1985-05-09 23 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE All C NHL 441 IMPS S>ere Plte| Also accepting cargo to/from Scandinavia MAETERLWCK S'pore Closing Times: FCL Cargo -0700 K/^ FROM EUROPE (VIA SUEZ) NMmk I HKeng K'a !%»;>'=i' 1 0 CHEF 431 22/5 (13/6) 11/6 Where PR dates indicated m brackets, cargo to/from PK346 words
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Advertisement296 1985-05-09 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG BUSAN INCHON t n CEYLON SHIPPING CORPN I Line of Sri Lanka m imipj i FULLY CONTAINERISED SERVICE TO COIOMBO ARABIAN GULF RED SEA E C INDIA L ipa/lV L MWCIIf Irtl ItgJ SH'uNt fit If) H*kPte296 words
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Advertisement471 1985-05-09 23 fi SINSOV SINGAPORE SOVCT SHPfING CO PRIVATE LTD SMSOV BUUMG 55, Marfctl Stmt Sinfaporo 0104 Tttaphom Nwberi *****3 (15 Um) Cable M*tu SMSOV SMGAPORE Ttfci Numbers RS ***** RS ***** IS ***** P Iff! MM M/S SNMMAT MM SOON »L Ml ST AMO 2ND FLOOR. NO 1. MIAN CtMPCNNG. PORT471 words
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Advertisement8 1985-05-09 23 JAMBATAN IfERAH SDN. BHD. P. KOsm: 3NOM/7 K.L.8 words
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Page 24 Advertisements
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Advertisement370 1985-05-09 24 <:oiit;iim k r Lines 4 Sailings weekly j|jjn Fast Reliable Regular Berthing PSA Punctual Tue Thur Sat Sun HINODE KISEN CO. LTD I I IK 111 W N 111*1 < MvKII K' SR-UNES DEUTFRACHT/SEEREEDEREI ROSTQQC ►■I r x> ,y iS; 2I i H 3E HONG KONG ISLANDS LINE k N'S370 words
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Page 24 Miscellaneous
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Miscellaneous155 1985-05-09 24 Regional Weather •w >\ ?:>•••>• 1/A/1 k Jb A w 1/^ >v ♦3s> V 5^ 9 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AJLTMS MORMNQ. V* Wind direction with speed in knots U/mma Ii ■iiJ>it wove nftgni LfGENO: R Thunderstorm wrth speed in knots V Shower M Rain Wave height155 words
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Page 25 Advertisements
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Advertisement85 1985-05-09 25 /.*5 MX I K. LU P. KEL 7Z I BAH UOSH 42t0SS/*****4/*****4/*****3 »7111/4 IBMMM. 3SS3SI/2 mn/timizazi/zms *****3/5 A37V*****1/5134M 22SSU/2211C5/*****S FAR EAST/EUROPE CONTAINER SERVICF rr.tr-..< nmzMi li,'F liiJil i, ■aa 11, ■saica nr upttti U ■uu nr—-jg.—M-ri kix 2m E9H !i3H mm rmriTTMii nuragiElM EzagonmiEiMEZi rjinaiEZMsaisai GDI □mm Kill K9i ElKmGiimim85 words
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Advertisement140 1985-05-09 25 PHILITRON FORWARDING PTE LTD Ml 22 3h<s22 8 1 IN! S IrII X PS 28/.-'J H wm (I Imm ii/yw ivy a/s wy w* W 17/5, M/S tunas 12/5 12/5. 25/5 */5 I ull V lit 5= rr-r WORLD LINE li >v« 'A'l V J"J'7j!Y:V{I -fill MIKI MWaa*M Mwn (ml140 words
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Advertisement208 1985-05-09 25 LICORNE i M/V MMAQMC VSISS M/V CSH VQAY mSS H/V COIVMt rrarnTT GDGUU. >fi I I < I i *v, Scan Dutch 9 To Europe (Med/UK/NC Scan) To Red Sea/ Mediterranean r< i 1 mtJi M ii' jin B MtM( SU B Beta* 6/6 From Europe MOTHER VESSEL A 4»208 words
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Page 26 Advertisements
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Advertisement313 1985-05-09 26 Art Mptrtpapfc UJL Mitsci OS K Lines Ltd CONVENT! ONAL/SEMI-CONTAINER AFRICAS NO 0 &JWWI AffTTWRTIDA nrmvn NEDLLOYD MOJI 16 May Mombasa. Daressaiaam AFRICA MARU 24 May Port. Louis, Reunion EVEROAWN 4 Jun Mombasa, Dareaealaam. Tangs WEST AFRICA NEDLLOYD MADRAS 7 May Apapa. Monrovia. Abidjan, Loma, Douala. Tama CONTINENTAL PARTNERS 18313 words
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