The Business Times, 15 May 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, MAY 15, 1985 60 CENTS
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  • 473 1  -  Special rates offered to 'good-risk' borrowers By PENG AILIAN HIGH LIQUIDITY and a sluggish demand for loans have led several foreign banks to undercut the Big Four local banks by charging their best borrowers less than their posted prime lending rat&. The Oversea-Chinese
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  • 429 1  -  By BOEY KIT YIN ONE IN EVERY $10 worth of silicon chips imported into the US last year came from Singa-pore-based manufacturers. Buoyed by a strong recovery and increased consumption, about SH.3 billion (U*****.4 million) worth of chips were sold by local integrated
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  • 169 1 Bernama PENINSULAR Malaysia, which kicked off the year with a foreign trade surplus of MJ143.9 million in January, slipped back into the red by $70 million in February, with an unusual 30 per cent drop in exports over the previous month. The Statistics
    Bernama  -  169 words
  • 91 1 Gloomy setting, for GromykoShultz talks AFP CLOUDS hovered over yesterday's scheduled meeting of Soviet Foreign Minister Andrei Gromyko and US Secretary of State George Shultz after both Washington and Moscow appeared to have hardened their positions on military issues. Mr Gromyko arrived in Vienna yesterday while Mr Shultz arrived on
    AFP  -  91 words
  • 263 1 MERIDIEN Changi Hotel's plans to develop a beach area at Changi for its guests and the public could materialise after all. The hotel's management will meet the Ministry of National Development in the next few days to discuss leasing the beach area. Mr
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  • Article, Illustration
    71 1 THE fjngijirr stock market reniM «Mter day sf mild tat eaetinglig mnm the Ward gal* tk stock market after a toag akeeaee aad maay peepie are predletlag a meaatognl rally la fee effing. Tke BT Cempsstto Wex rsse i.M pelats to aad tke Straits Times ladastrlal ladex lacreased
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  • 464 1 EVERY square metre of land in Potong Pasir Estate was "conservatively" valued at $1,500 according to figures produced yesterday by Mr Teh Cheang Wan, Minister for National Development. The minister was answering enquiries by opposition MP for Potong Pasir Chiam See Tong on
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  • 620 1  -  By NAJEEB JARHOM A REDUCTION in advertisement revenue has slowed earnings growth at Singapore Press Holdings Ltd. For the six months to Feb 28, 1985, the merged newspaper group managed only to post a marginal 2.3 per cent rise in group taxable profits
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  • Page 1 Advertisements
    • 116 1 QABS THE ULTIMATE ACCOUNTING SOFTWARE FOR MICROCOMPUTERS S€E HOY CHAN G«OUP Singapore t*l *****634 Kit* 03 *****0 PtnangW 04 37K29 lpoll W 05 5M788 SANYO SFTBS2E kid M The Sanyo SFT 852E Copier makes aura of dearer copies and trouble-free operation because of these advanced features: Microcomputer eelf-diagnostic system informs
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    • 266 1 Shultz urg«s pati«nc«, Pag* 5 More Parliament reports, Back Page SHAKE INFORMATION DOONESBURY MONEY A EXCHANGES TRAINING CROSSWORDS RAW MATERIALS TELECOMMUNICATIONS is a natural partner to knowl-edge-based industries which the Singapore government is actively promoting, says the Minister of Stote for Communications and Information, Dr Toy Eng Soon. Page 2
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    • 12 1 FuU rsport, Psgs IS Asian stocks, Psgs 11 InM stocks, Psgs 10
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    • 186 1 Savings Accounts Current Accounts Term Deposits Personal Loans FOUR SEAS COMMON Other- THE PLAZA SERVICE AEVKTMENTTS AEMY Monthly 6l Yearly Tenancy Full domestic housekeeping services Fully equipped kitchenette Free Recreational Club. Membership Free parking Seven restaurants ln-house Bank Department store Free Metro vouchers worth $100 every month Call *****11 or
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  • HOME NEWS
    • 377 2  -  By BRIAN GOMEZ TELECOMMUNICATIONS is a natural partner to knowledgebased industries which the Singapore government is actively promoting, the Minister of State for Communications and Information, Dr Tay Eng Soon, said yesterday. "We are now giving emphasis to computer technology as well as high-technology
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    • 527 2 SINGAPORE has to act quickly if it is to build on its success in adapting new technology for its telecommunications network, says Mr Goh Seng Kim, general manager of Telecoms. He told the Asia Telecom 85 conference yesterday that businesses and
      527 words
    • 154 2 WANTED PEOPLE who can down two pints in one go. Anchor Beer's "half-yard sprint" is here again. The twomonth long competition for the fastest beer drinker in town starts this week. All budding sprinters are invited to the Dynasty Hotel's Stroller's Cafe on Friday
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    • 328 2  -  By YAP BOH HOON GENERAL Automotive Services (GAS) is launching Gascard, an exclusive motoring card providing car owners with a broad range of benefits and services. But the Automobile Association of Singapore's president, Mr Milton Tan, does not expect this
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    • 313 2 KIM MAN YOOL is the new director of Korea Trade Centre, Singapore. He was formerly director of trade centres in the Philippines and the Netherlands. Mr Kim replaces Mr Lee Yohn Kyu who has returned to Korea to assume a new post. PHILIP ENG has been appointed
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    • 436 3  -  •y BRIAN GOMEZ A OS DELEGATION has spent •four days exploring ways of increasing America's $800 million annual farm export sales to Singapore. The 16-man delegation was headed by Mr Robert Delano, president of the American Farm Bureau Federation, which represents 3.3 million members
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    • 232 3 TRANSPORT and communication was the only category in the consumer price index (CPI) which showed an increase over Match last month. According to the Department of Statistics, the 0.8-per cent increase was due to higher taxi fares which more than
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    • 563 3  -  By JEFFREY TBANG THE DOCTOR is puzzled. His patient is ill, but with what? Such dilemmas are not uncommon. But instead of referring to his medical books and journals or to his colleagues, the doctor turns to Mycin. This is neither a
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    • 377 3  -  By JAIME LYE VISA, which has 120,000 members in Singapore, said its card holders last year spent $130 million abroad compared with local spending of $105 million. Credit and charge card companies contacted by BT said as much as 50 per cent
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    • 341 3 THE Housing and Development Board recently awarded a $2.7 million contract for the construction of a road bridge across the main water pipeline from Johore. The contract was awarded to Hock I.lan Seng Engineering, to build the road bridge across the Public Utilities Board
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    • 113 3 THE Pavilion Inter-Continental Hotel has set aside its seventh floor (or guests who shy away from the stale air of cigarettes. This service, beginning in mid-May, will cater for guests living in the 42 rooms and eight suites on the floor. The rooms are
      113 words
    • 202 3 THE new Singapore Polytechnic and SAF Joint diploma scheme has drawn an overwhelming response from *0' level school-leav-ers. A total of 1,011 applicants vied for 230 places. The scheme, which combines a polytechnic education with a military career, attracted 644 youths (or the air
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    • 98 3 A THREE-MEMBER delegation from Egypt arrives in Singapore tomorrow for a four-day visit. The team, led by Mr Abdel La tiff Boltia, chairman of the Cairo Local Council, will call on the Minister for the Environment, Dr Ahmad Mattar. The other members are General Abdel Rahman
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  • Page 2 Advertisements
    • 208 2 V m V ># <r A. 4 v if V ~*L- ///< siakts art hrjh. Hut tin tabh is low ///< brings tin drinks and tin 'Junpsi (ft ihrji draw s vour clnnt's < r< awavfroin \our contract. Hi land, tin \crt anting "A< ////i/s" and you 'rt A <
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  • Page 3 Advertisements
    • 243 3 ALL ROADS LEAD TO AAAEIS. SINGAPORE 16-19 MAYI9BS. Come and visit AAAE *85 at the Singapore World Trade Centre. For 4 days, HaH 3 will come alive with all the very latest information and equipment for the automotive and accessories trade. Now in its Bth successful presentation, AAAE '85 will
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    • 238 3 An airline which flies to so many European cities likes to be at the center of things. Oslo Helsinki Dublin Stockholm Manchester Copenhagen Moscow London Amsterdam Hamburg Hanover Brussels I Dusseldorf Cologne/Bonn O Frankfurt Nuremberg Stuttgart Munich Salzburg Budapest Oporto < Toulouse Belgrade Marseilles O Genoa Barcelona Thessaloniki Malaga Palma
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  • OVERSEAS
    • 701 4 Bernama THE special envoy of the Prime Minister of Japan has said that with the exception of plywood, his government will resolve all specific market access problems to Japan of Asean goods by July. In addition, Masayuki Fujio said on Monday his
      Bernama  -  701 words
    • 208 4 Reuter THE US must be aide to assure its citizens of the fairness of the international trading system to ensure continued domestic support for free trade, said Mr Richard Fairbanks, US ambas-sadorat-large to the Pacific Basin. Mr Fairbanks said at the opening session of the
      Reuter  -  208 words
    • 171 4 AP JAPANESE car exports to the US shot up in April as old restraints expired, and Japan posted a record surplus of U553.46 billion in its US trade for the month. The Japanese Finance Ministry said on Monday that total Japanese exports to the
      AP  -  171 words
    • 223 4 Reuter AMERICAN federal officials have uncovered Sikh plots to overthrow the government ofTndia and to kill Indian Prime Minister Rajiv Gandhi during his visit to the US next month. They said on Monday that the alleged conspirators also planned to bonpb
      Reuter  -  223 words
    • 369 4 Reuter KING HUSSEIN of Jordan is ready to declare a JordanianPalestinian confederation whose government would negotiate an Israeli withdrawal from occupied Arab territory, according to a senior PLO official. However, Salah Khalaf, also known as Abu Iyad, number two to PLO leader Yasser Arafat
      Reuter  -  369 words
    • 301 4 AFP THE 20-year rule of President Marcos has been a failure, in terms' both of improving the quality of life and in curbing insurgency, according to an independent research agency. "Twenty years is a long time. And this nation has not become great again," the Ibon
      AFP  -  301 words
    • 482 5 AP AMERICAN Secretary of State George Shultz headed into talks yesterday with Soviet Foreign Minister Andrei Gromyko, calling for "patience and persistence" in addressing their differences. The session at the Soviet embassy in Vienna could also accelerate preparations for a summit meeting between
      AP  -  482 words
    • 156 5 Reuter BILATERAL voluntary restraint agreements are not sanctioned by the General Agreement on Tariffs and Trade and could eventually make world trade ungovernable. This point was made by Gatt deputy director-gener-al William Kelly, who told the Pacific Basin Economic Council (PBEC) conference in Auckland yesterday
      Reuter  -  156 words
    • 741 5 ARRIVALS Operator Strvict number Local From tin PAA PA21 0020 LAX/TYO/HKG CAL MAS KAL MAS MAS MAS RBA SIA CPA GIA SIA CI010 MH68I KE624 MH603 MH671 MH811 BI421 SQ103 CX710 GA960 SQ105 0815 JED/DHA 0820 KUL 0840 KUL 0905 KUL 0935 KUL 0940 PEN 1000 BWN
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    • 191 5 Reuter WEST GERMAN Chancellor Helmut Kohl has vowed to stick to his government's rigorous economic strategy in spite of his party's serious losses in state elections. Describing the result on Sunday in North Rhine-Westphalia as a heavy defeat for his Christian Democratic Union (CDU),
      Reuter  -  191 words
    • 488 5 UPI PRESIDENT REAGAN has reached the "bottom line" of his 1986 fiscal year budget package, passsed last week by the Senate, and will not make further concessions to win House passage, a White House spokesman said. Deputy Press Secretary Larry Speakes said on Monday
      UPI  -  488 words
    • 145 5 Reuter A REPORT ordered more than two years ago to spell out options for reforming the world's monetary system may finally be completed at a high-level international meeting this week, monetary officials in Paris said. The report, ordered by Western leaders at the Williamsburg summit
      Reuter  -  145 words
  • Page 4 Advertisements
    • 120 4 Mwar a***. v >- ir 4 -J V vst J 1 iA ZmW&mn 2" V W A hiT\ r L fflr ilk r, MB the On British Airways Super Club you'll never get squeezed into a centre seat. Because there are no centre seats. Our seats are arranged in pairs.
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  • Page 4 Miscellaneous
    • 50 4 Doonesbury HJRTOAFUmW&ANT. BBHGUKPOUTmFMB NO! COWHWOURSOCIALSOJRr rr/, we eouu?ACTUALLY AFFORPAROOM. I m ii n sTi Kpjil i 8 L K2 BY GARRY TRUDEAU H£ MASAGAJNST ITAT FIRST, BVTTHENHZ&• 6AHTOS&ALLVe APVANTA66SOFPOOUN6 OUR CHECKS. WW QH,Aosoumy. vmKWRe camnßLe mm r t H fi m hS Mil M'iS 7a 81 B L SStft£ L
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  • Page 5 Advertisements
    • 11 5 Rut Am Clipper Class. For The Price Of An Economy Ticket
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    • 137 5 tiiriT m i When our doors first opened we were in some pretty unusual businesses. From mining quicksilver in Sarawak to running banks in Bangkok. While in Singapore, we were amongst the first to build docks and make bricks. c And of course, we distributed all kinds of famous products
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  • TRAINING & DEVELOPMENT
    • 370 6  -  By LIM SOON NEO THE Singapore Hotel Association Training and Education Centre (Shatec) will take over the management of the govern-ment-owned Hotel Premier from July 1. r But the hotel, which is wholly-owned by Temasek Holdings, will still be run on a commercial basis. An
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    • 245 6 IT SEEMS easy enough to run a convenience shop. Simply choose a convenient location, stock it up with goods and then wait for customers. Unfortunately, customers do not file in from nowhere. According to Mr Cesar Balota, marketing manager of the 7-Eleven chain, a shop's service will
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    • 136 6 LEARNING how to get into overseas markets is one of the courses the Singapore Manufacturers' Association has organised for this year. The "Export Management" course, which is being held at the SMA Technical Training Centre from May 13 to 24, will
      136 words
    • 740 6 Seminars and courses i DURATION TITLE VENUE ORGANISER TELEPHONE May 21 Company Directors' Mandarin Hotel Centre for *****22 Duties and Liabilities Management Technology May 22-23 Technological Roger Gil Roger GU *****60 Transfer and Innovation Associates Training Centre Associates May 23-24 Introduction to Holiday Inn Purchasing and *****35 Effective Inventory
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  • Page 6 Advertisements
    • 305 6 EanAm's $200 $2( Double Double Bonus ToThe U. S. A. i Take This Travel Agent And Save $200 On A Ran Am Return EareTo The USA. Hurry in to any Pan Am travel agent with this coupon right now. Because youH instantly save $200 on your return fare to any
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    • 172 6 DAI-ICHI HOTEL The Excellence of International Standards. The Charms of Traditional Service. If traditional service and complete facilities make a difference to you, then stay at the Qai-ichi Hotel (Singapore). Travelers and guests w« discover restful comfort in our 420 luxuriously furnished guestrooms which command a panoramic view of Singapore's
      172 words

  • BANKING AND FINANCE
    • Article, Illustration
      767 7 SINGAPORE The US dollar closed higher yesterday against major currencies but weaker against the sterling, after fluctuating narrowly as some buying interest alternated with selling. The dollar closed firmer at 3.0620/40 marks compared with New York's 3.0540/60 close, at 2.5800/30 Swiss francs against 2.5725/75 and at 250.60/75 yen
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    • 115 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/4 point from Monday to close at 4-1/4 per cent yesterday. The one and two-month term rates remained unchanged while the threemonth rate (ell by 1/16 point. S$ Interbank rates at 3pm yesterday: Off* lid ntght 4
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    • 190 7 Interbank rates at 3pm yesterday: fwM yo eterdoy or ooo parity nhenge Local dollar* to eoo wwt of foreign UMiMCy: US dolor Storting pound Aintrabon dolor HZ dolor Conodion dolor 2.2135 2.7801 1.5571 1 0016 1.6104 2 2145 2.7836 1.5601 1 0042 1.6123 2.8196 7.3469 ***** ***** 3.4206
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    • 286 7 ASIAN DOLLAR deposits closed steady at opening levels in quiet trading yesterday. Short dates finned 1/16 point at the outset supported by a steady US federal funds rate and stayed at these levels with overnight and week fixed closing at 8-3/16 8-1/16 per cent each. Periods were
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    • 170 7 HONGKONG: The metal closed lower yesterday after fluctuating in a fairly active market. It finished at U*****.70/324.20 an ounce against an initial (323.80/324.30 and New York's $325.00/50 cloee. On the local market, gold ended HKJ62 above Monday's close at $3,001 a tahil. The krugerrand rose $45 to $2,590. TOKYO:
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    • 342 7 BA Futures JUNE Ewsdellar opened unchanged yesterday from Monday at 91.47. Trading was very quiet for the greater part of the session as dealers stayed away from the market because of economic releases this week. Liffe opening saw Eurodollar futures prices edging higher as interbank rates were easier. June
      BA Futures  -  342 words
  • Page 7 Advertisements
    • 54 7 SilvmiHirc hy Christofle Come and enjoy the pleasure of afternoon-tea in the pleasant atmosphere of our Skylight Pavilion Atrium. A fine selection of tea, Derby pastries, Scones and Finger sandwiches are served daily from 3.00pm to 5.00pm in our Lounge (Lower Bar) at Ss9++ Piano music by Theresa Bong. THI
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    • 235 7 SHHRP ZX-330 gk compact design that packs sheer efficiency in a host of features found only in bigger, costlier sets. That's what the amazing JPVi ZX-330 electronic typewriter is all about. Besides its silent easy operatioa which makes typing a breeze, the ZX-330 enables you to type a whole range
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  • FEATURES
    • 458 8 NAMIBIA must be one of the very few international issues on which there is unanimous agreement, at least verbally. Ever since 1966, when the UN Security Council declared illegal South Africa's administration of this mineral-rich territory in south-west Africa, countries from almost all parts of the
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    • 1000 8  -  Consumption to form main thrust of anti-evasion campaign This is AUSTRALIA /tr By FLORENCE CHONG IN SPITE OF strong opposition from the union movement, the Australian government appears set to introduce a broadly-based consumption tax as the major in a tax reform. To soften the
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    • 819 8  -  By SELWYN PARKER THE FINANCIAL reforms of New Zealand's Labour government have fallen foul of its traditional supporters, the unions. The simmering row over Finance Minister Roger Douglas's wholesale reconstruction of a sagging economy broke out into an almost unprecedent war of words
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  • Page 8 Advertisements
    • 255 8 Managers must manage... BT every Monday From your businesspMofview me Side Life i f< i'.: HIbTON INTbRNATIONAb SINGAPORE has just got sweeter. Frequent business travellers have alrvays appreciated the extras that come with staying at the Hilton. For the more discerning, nothing less than the 'Suite Life' (Hilton's luxury suites)
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  • Page 8 Miscellaneous
    • 9 8 me. fctsiHG son Bpomrts "iwe scjehc IN G>OtDeH uGHt
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    • 652 8 CRYPTIC PUZZLE ACROSS 1 Fore® out of little Victor's place (5) 6 Cheeky in a tasteful way? (5) 9 Fish caught on the pier (7) 10 Had been lying, on the quiet, that's clear (5) 11 Lift out of the way and get clean (5) 12 Like the numerals Moron
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  • SPORTS
    • 682 9 Bad Mac tennis's last angry young man NYT WHAT SET HIM apart from the others who had secured late-af-ternoon court time at the Cove Tennis Centre was the familiar frown not necessarily a sign of dissatisfaction, John McEnroe said—, the distinctive array of shots and the gaggle of dreamyeyed young
      NYT  -  682 words
    • 551 9  -  Bid to rope in small backers for Admiral's Cup By WALTON MORAIS WITH Departure-Day barely two months away, the men running the commercial sponsorship campaign for the Singapore Challenge in the Admiral's Cup world yachting competition are having a strategy rethink. Whereas previously the strategy was
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    • 452 9 UPI CHI CHI RODRIGUEZ not only became an official golfing millionaire after last Sunday's Byron Nelson Golf Classic, he said he felt he was ready for a career resurgence. "I'd like to say I hope I will be a good
      UPI  -  452 words
    • 188 9 Reuter THREE SEEDS went crashing out of the West German Women's Open Tennis Championships on the opening day on Monday. Romania's Virgina Ruziei, the ninth seed, fell 6-3 7-5 to American Susan Mascarin. Andrea Leand also of the US, seeded 13, also fell
      Reuter  -  188 words
    • 257 9 AFP JAN GUNNARSSON, the 22-year-old Swede, sprang an immediate surprise as the U*****,000 Italian Tennis Open got under way at the Foro Italico in Rome on Monday. For the unseeded Swede, ranked 45th in the world, sent the defending title holder and twice
      AFP  -  257 words
  • Page 9 Advertisements
    • 69 9 NOTICE i w a 8 rm Ml 1 Mi s a* S E c e: la z IK C^cwnt Hotels Worldwide Call *****55 Kuala Lumpur Manila Hong Kong Fiji Sydney Melbourne New York City Chicago Washington DC Albuquerque Auckland London OPENING SOON Taipei, Taiwan Okinawa, Japan s. REGENT INTERNATIONAL HOTELS
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  • Page 9 Miscellaneous
    • 1180 9 TO (MD litiNDQ® HIGHLIGHTS The Heart Of The Dragon Correcting Bpm, Channel 12 Nie Chengying is a girt burglar in Nanjing. She crawled across a plank six storeys up, broke the neighbour's window with a brick and stole their television set, two pairs of men's trousers, an overcoat, a red
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  • INTERNATIONAL STOCKS
    • 300 10 Reuter BRITISH TELECOM'S planned acquisition of Mitel Corp is a major boost for Canada's troubled high technology industry and part of an aggressive new strategy to penetrate global markets, analysts said. "Mitel has been retrieved from the depths," Diane Flood of Northern Business Information of
      Reuter  -  300 words
    • 161 10 Reuter GENERAL ELECTRIC Company (GE) has pleaded guilty to defrauding the US Air Force on a major missile contract and was fined US$l.O4 million and ordered to pay back $800,000 in overpayments. The company, the sixth-largest defence contractor in the US, admitted its employees altered time cards
      Reuter  -  161 words
    • 317 10 Reuter WALL STREET share prices advanced modestly on Monday. Analysts suggested the unimpressive performance was another sign of slowing economic growth and profit-taking after last week's sharp gains. The Dow Jones Industrial Average gained 3.32 points to 1,277.50. The volume on the New York
      Reuter  -  317 words
    • 134 10 MAY IS AbMbi O ISM Hud Bay Min krp Ol kico 7* 51* 19* K inch Aican 35 kit Pro* Plpa kit Ut* 20* AitfW'ui. Kan Add I5U AiQom 1M91 Bank Mont Bark Nova Scotia 26* 12* Lobtow B MaMoy Farg _u_ Mc BkxM IS 3 21* -M BP
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    • 242 10 MAY IS Road UnMC 1500 unch M0UST1IALS MM MGS A Alpha Abarcom AE And a Amaprop AMWC 800 153 800 435 2670 -7 4 25 415 420 Anglo* Anghod pest* 2800 ***** 1460 8250 475 unch 435 4125 C G Snrtlh CNA Ctrh* Rnanc* Edgar* MVah 1200 4008 280
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    • 672 10 MAY IS us» AJcon AJumn AJcoo AS&mtr Lud AM Cham Cp AM Store* AMMmn Am Brandi Inc Am fcoodtort Am Can Co Am Cyonamtd Am B«c Pwr Am Upiw Am Horn* Prod Am Maton Cp Am Noknl Gat Am T«t 4 Tat Amu fete Amarodo Haw AMF Inc
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    • 623 10 Amsterdam MAT U Ft ABN Atgon Ahold ***** -I 190.00 +1 222.80 0.8 Akto AMEV 107.80 -0.2 242.00 +0.2 Amtot Ataro Bank 75.40 -0.1 Baikal Bah 94.50 +1 goAdk B» Tat C aland 37.20 +0 2 Cotva Dal M| rha»tat ***** 72 122.50 +X7 F#t Fofckar 57 40
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    • 106 10 Reuter UNILEVER PLC and NV said Brooke Bond group PLC, acquired late last year, made an important contribution to European results in the first quarter. In a statement with quarterly results, Unilever said its European chemical business performed well though the official European Community
      Reuter  -  106 words
  • Page 10 Advertisements
    • 208 10 (l Wiere t® wiae, «Hae Happy Hour at the Treetops Bar Barons Tavern v 1 •5-.. fL i- V i Where you can enjoy a 50% discount «n aii beverages between Spm and 7pm from Mondays to Saturdays. Offer is not valid for pmm<*i(*ial drinks and drinks ordered by the
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    • 62 10 i mm? n If This <*« thc T rn has shc£™J^Open to 2^ n Tand Ip w See to saw 11 t< vtouts rrAl n\rj •"SSE nj I HOTEL ASIA Mvy happy rtturrw 37 Scolls Road Smgapui* 0922 W *****88 tetw RS ***** HOIASA Pescadou Restaurant Proiwrtcal wm mm C
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    • 97 10 0 rime: 12 noon 2.30 pm Price :SI2.OCT Fashion Show: 1.15 pm Modats by: nHHI/WMII Modeling Agency s«*THiiMr by: Hawaiian cwtmby: RomanticaTtoding 181. Kitchener Road. Singapore 0820 iwmu S" Teh *****22 /Hm t^ir fi *0 A sumptous buffet lunch awaits you with savoury specialities to please the palette. Our menu
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    • 103 10 a*fii f itunkal 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 $8.50-H-A¥ FURAMA SNGAPORE HOTEL 10 Eu Toog Sen Street, Singapore 0105 Tel: 533 3888 King s den Sheer Relaxation! A
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    • 126 10 }+}|]:?$;^/.,-?^+*$.'-&|;&[-/>& I Ftng Chtog L6u Teochew Restaurant for the best Teochcw delicacies In town. Discover our famous dian*xln, j>. delicious steam-boat Teochew porridge and other mouth-watering r delights prepared by Hong Kong chefs. And fed like royalty while C you dine in Oriental splendour. Open daily from: 11.00 am 3.00
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  • ASIAN STOCKS
    • 304 11 HONGKONG: Share prices closed higher yesterday in fairly active two-way trading. The Hang Seng Index rose 14.93 to 1,628.29, a high for the year. Turnover was HK5424.65 million compared with $372.26 million on Friday. Bank of East Asia rose $1.30 to $26.70, Hang Seng $2.00 to $52.00 while HK
      304 words
    • 204 11 MAY 14 Al Smart Indus Alio Comont Cothoy Com Chang Hwa Bank NT 2.54 23 30 24.30 48 00 -f 0.12 +0 1 +0.4 unch +0.1 +0.1 +0.15 +0.1 +0 1 -0.2 unch Lion Hwa Indus Nan Y a Plos Pocific Cons Pacific Eloct Wiro Poolung Papor 12.15 27
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    • 363 11 TOKYO: Share prices opened firm yesterday but later fell back steadily in slow trading, driving the market average below the 12,500-level at one point in the early afternoon for the first time since May 2. The market average closed down 37.33 on balance at 12,504.20 after touching a morning
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    • 80 11 MANILA: Share prices closed generally firmer in quiet trading yesterday. The Commercial A Industrial Index fell 0.39 to 129.33, the Mining Index rose 3.73 to 659.34 and the Oils Index firmed 0.009 to 0.673. MAY 14 Nm Vulcan Anglo Phi Phfltx B 0.0950 unch Apa* Mining B PLDt 37
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    • 385 11 SYDNEY: Share markets reached their second successive record closing high yesterday. The All Ordinaries Index closed with a five-point gain, at 897.7, though it was below its days high as most stocks came under selling pressure when it passed the 900point just before the mid-session break. The Gold Index
      385 words
    • 161 11 BANGKOK: Share prices closed higher in moderate trading yesterday. The Book Club Index rose 2.08 to 139.88 and advances led declines by more than a five-to-one margin. Turnover rose to 397,709 shares worth 75.7 million baht from Monday's 293,055 worth 58.1 million baht. MAY 14 1 Aokham TV» Mrtf
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    • 62 11 MAY U Won Hyundai Cam! 901 unch Motor 568 3 Bonk Seoul 600 KAL 435 2 575 .5 670 4 +5 •I Yukona 1489 -41 460 Koraolh? 461 -12 461 -4 Lucky Ltd 581 -9 559 •1 -2 710 -1 485 795 GoldStar 572 1210 •12 Hani 8k 637
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    • 58 11 Reuter GLAXO Holdings PLC has formed a 50-50 joint venture company with Tana be Seiyaku Co to direct the development and launch of Tanabe's Cephalasporin antibiotic outside Japan. The new company would be called Tana be Glaxo. The drug would be launched through the world network
      Reuter  -  58 words
    • 605 11 HONGKONG and Kowloon Wharf and Godown Co has re-positioned its offer for Allied Investors Corporation after talks with the Hongkong Securities Commission. Wharf had originally agreed to make a general offer for all of Allied at HK$ll a share. Since then, it has become
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    • 228 11 Reuter THE THREE Japanese trading houses which operate export grain elevators in the US intend to stay in the business though most of them are making losses. Officials of the companies said a slowdown in US grain exports, partly because of the strength of
      Reuter  -  228 words
  • Page 11 Advertisements
    • 558 11 am M m n r Wa V. v im <&*■ 7? s. Miir FOR FURTHER INFORMATION CALL 11 ;s£> fltlMfli Two styles of music nightly: June Harris and Jeforruee. The playing of sophisticated "feu" ivories belongs to JM June Harris, with a vocal and repertoire to thrill and excite you.
      558 words
    • 42 11 19 CairnhiU Circle Singapore Our Chefs Recommendation: COlT**** 00 j3sS-~-SMCucu"*" Braised D©eP Fried Live F«r> '^tedO^ vfith J|ss^/S3BO V o^"5 Lunch Speciafity: Dian Xin I TUNG LOK SHARK'S RN. 4 RESTAURANT ißXcaw 4tti SWfPY 1 77 Ri«*f V*Mry Moid. S«%ipo>*obt7 W 33*4022
      42 words

  • RAW MATERIALS
    • 140 12 Chineee Produce Exchange (Seller*' noon closing price* on May U. S$/100kfl). Coconut oil Bufc FOB ***** Old drum FOB 148.00 New drum FOB 152.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier FOB NSW 477 50 405.00 256 00 330 00 Copra Mixed (toon)
      140 words
    • 273 12 Singapore C-l Ord unq (S$/Mo, w BB^owh) Loonzain Rice Fragrant new crop n aa 100% 1st grade 100% 2nd grade s 1 SI 2nd 0.64 100% 3rd grade unq 3rd 0.60 Parboiled Rice New Crop no stock 5% 227 25% 10% 222 10% no stock Thai Broken 0.56 0.54
      273 words
    • 107 12 THE KLTM price reM «■ether fear cents te M928J1 per kg yesterday bat remained helew the ITA fleer-level $21.15. Dealere saM the heller stack manager was sappertlng at this level, taking meet ef the slierlag ef 1M tennes, dewe trem 1M tennee en Menday. They saM they dld
      107 words
    • 157 12 Yarn (In HK$ per bote of 400 lb) China corded yarn, cones Blue Phoenix 16's 2,550 BK>« Phoenix 20's 2,700 Blue Phoenix 32's 3,150 Blue Phoenix 40"» 3,550 Girded yarn, honk Blue Phoenix 2l's 2,900 Com bad yom, cones Blue Phoenix 32's 4,250 Bk» Phoenix 40*s 4,400 Open-end yarn
      157 words
    • 186 12 SINGAPORE The market closed easier yesterday with June One RSS buyers quoted at 168.50 cents per kg, down 1.50 cents from Monday. The morning market lost one cent on profit-tak-ing. Prices eased fractionally in quiet afternoon trading due to some selling. MALAYSIA The market closed easier at 190.50 cents
      186 words
    • 305 12 RAS prices in S coots/kg, FOt ia b olos NOON CLOSE Int 1 RSS Prompt 171.75 172.75N ■wfw'* 169 50 170.50N Int 1 RSS Juno 85 171 00 171.50 168 50 169.00 Int 1 RSS Ju»y 85 172 00 172.50 170.00 170 50 Int 2 RSS 169
      305 words
    • 137 12 MALAYSIAN crude palm oil prices weakened at yesterday's close in (airly active trading on persistent short selling following lack of demand for nearbys, with sentiment further dampened by lower Chicago soybean complex. In May, central and south dropped Mslls and $100 respectively to 11,290 per tonne and north
      137 words
    • 108 12 SOYBEAN futures on the Chicago Board of Trade continued to decline on Monday and settled 514 to 104 US cents a bushel lower in thin volume, with July finishing down 6'/« cents at $5.834. New crop lost the most ground, easing on forecasts for needed rains in soybean growing
      108 words
    • 168 12 WHEAT FUTURES on the Chicago Board of Trade maintained their firm tone in nearby months on Monday, settling 2'/« US cents a bushel higher in May to two cents lower in distant May. July closed at $3.25 a bushel, up one cent. Commercial buying in nearbys supported prices, with
      168 words
    • 102 12 (COTtl/kf, 1-tM HtoH)jUNE 85 JULY 85 (currant month) (forward month) NOON NOON RAS ■uyare Stilt rl lnytrs C-ll jfHfn SSR 20 168 00 170.00N 170 00 I72 00N SSR 50 166 00 I68 00N 168 00 170.00N MRELB l»T*r> C U B«y«n SMR CV ***** 2I3.50N *****
      102 words
    • 752 12 COFFEE Robusta futures were maintained at around midday levels up to the close on Monday with prices staying under pressure from sterling's gains against the dollar. Commission houses, and possibly some trade houses, bought the May/July switch which narrowed to £48 by the close after £61 last Friday.
      752 words
  • Page 12 Advertisements
    • 123 12 t-v 1 N V rAlvk'": I w-jy-.viv: M js. -V > r <' V; "'St p.; 4 1 £'I'* ife ''ifc > <g -75 i /.is s-'v"-* v |r |ir VVr -"l i i O: r a K Take Thomas Cook/Bank of China US$ Travellers Cheques when you travel to
      123 words

  • SHARE INFORMATION
    • 4297 13 INVESTORS took a fresh look at the Singapore stock market and did some bargain hunting yesterday, helping share prices to rise across the board on improved volume. The BT Composite Index rose 5.09 points to 722.22 and the Straits Times Industrial Index increased
      4,297 words
    • 231 13 SINGAPORE Rises Indices *■>■■■<« 760 Ifla Luttna 660 tmrn* Corp. 135 M Mating 635 G 1 HUm 90* 212 Grmm4 UM HMgt ISO O C C 910 0 S 630 605 M>D« 530 CMbM S0< 205 Aom 133 S—n Lmd 282 Falls Umm HH 250 H S
      231 words
    • 2805 13 BID and offer prices officially 2. luted and business in and re- (2. ported to the Stock Exchange of (5; Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units 3 unless otherwise specified. All w Time Settlement Contracts
      2,805 words
    • 41 13 AMCOL ELECTRICAL INDUSTRIES limited: AGM at 19, Wan Shih Road, Jurong, Singapore 2262 today at 10.00 am. ISETAN (SINGAPORE) limited: Fourteenth AGM at the Conference Room, 18th Floor, Apollo Hotel, 406 Havelock Road, Singapore 0316 today at 11 am.
      41 words

  • COMPANY NEWS
    • 654 14  -  By LORETTA McLAUGHLAN SHAREHOLDERS of Cold Storage (Malaysia) Bhd have been advised to reject Raleigh Bhd's two-for-one all-share offer. Pertanian Baring Sanwa Bhd, the merchant bank advising CSM shareholders, said that the value of the offer was not high enough to justify Raleigh obtaining
      654 words
    • 491 14 Bernama THE ACQUISITION or takeover of a company by another is a struggle for wealth, power and status, bringing strain and stress to those involved since not everyone will benefit from the exercise. The extent of any ill-feeling generated between the two companies would be largely
      Bernama  -  491 words
    • 570 14 SHARE PRICES closed on a slightly steadier note at the Kuala Lumpur stock market yesterday. Trading was subdued as investors preferred to stay on the sidelines. Consequently, turnover dropped sharply to only 5.06 million units valued at M 510.29 million from Monday's 7.91
      570 words
    • 1856 14 BID and offer price» officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in tots of 1,000 units unless otherwise specified. MDUSTMALS A Otoe (2 128X2) 2 10 AMD (3.008 3
      1,856 words
    • 217 14 Managers' prices for May 15 Second B'putro Third B'putro Fourth B'putro 479 4.14 459 484 4 19 464 Singapore Unit Trust Fifth B'putro Sixth B'putro 297 301 302 306 The Commerce 2.01 2.13 The Sovngs Fund 1.44 1.53 S'pore Prog Fund 0 85 0.90 Seventh B'putro (A) 1
      217 words
    • 105 14 HONGKONG Monday 1240.0 Week ago 1226.0 Hang Seng Index Tuesday 1615 00 Monday *1628.29 NEW YORK Week ago 1593.26 Dow Jones Monday 1277.50 Friday 1274.18 TOKYO Week ago 1247 79 Tokyo Dow Jones Standard Poors Tuesday *****20 Monday ***** 53 Monday 184.61 Week ago ***** 30 Friday 184
      105 words
    • 759 15 mim mm™ HOCK LOCK SIEW MALAYSIAN businessmen making corporate moves here are well-advised to learn an important, yet somewhat basic, lesson from the Grand United HoldingsSigma Metal Company takeover deal. It does not pay to flout or treat lightly the securities rules governing takeovers and
      HOCK LOCK SIEW  -  759 words
    • 407 15 KIO increases its stake in Cycle Carriage IN ITS THIRD strategic purchase I. in two months, the Kuwait Invest- ment Office has increased its stake 'I in Cycle k Carriage Ltd to 14.7 per cent. Cycle, a much talked about takeover target, disclosed yester- day that KIO had acquired the
      407 words
    • 46 15 AT THE AGM of Malayan Uritod Industries Bhd held on May 10, 1985, Tan Sri Datuk Haji Mohamed Noah and Mr Cheah Sin Bee were re-appointed as directors of the company. The accounting firm of Ernst t Whinney was appointed as the company auditor.
      46 words
    • 540 15  -  By ALAN LEE MBf HOLDINGS Bhd's proposed all-share bid for Emtex Corporation Bhd is almost certain to be challenged by the lesser known Mepro group which has already built up a substantial shareholding in the plantation-cum-property based company. Estimates put Mepro's shareholding
      540 words
    • LATEST RESULTS
      • 72 15 full year ended Dec 31, 1984, Ttmmli Mines Malaysia Bhd's pre-tax profits were M 57.11 million, down 9 per cent from $7.83 million previously. Net earnings per share amounted to 38 cents, down from 42 cents in 1983. Directors have declared a final dividend of 40 cents per
        72 words
      • 50 15 has reported pre-tax prof- it of M 5746,000 for the year to March 31, 1985, up 25 per cent from $596,000 previously. Net earnings per share amounted to 16 cents (12 cents) and a final dividend of 15 cents (1964: 7 cents) has been recommended.
        50 words
      • 49 15 reported pre-tax profits of M 5607,000 for the year ended Jan 31, 1985, down 54 per cent from $1.12 million previously. Net earnings per share stood at 9 cents (12 cents) while a final dividend of 10 cents (5 cents in 1964) has been recommended.
        49 words
    • 583 15  -  By AMY CHEOK AMBASSADOR Hotel Ltd is spending M 511.2 million to acquire a controlling 70 per cent stake in a Malaysian company which makes and sells cocoa butter and powder.' Cocoa Processors Sdn Bhd (CPS), which has a total paid-up capital of
      583 words
    • 974 15 EQUITIES drifted lower yesterday on light profittaking after the sharp rises of the past two sessions. The FTSE 100 index at 3.30pm was down 6.9 at 1326.1, having touched a new high of 1335.7 in initial trading. British Aerospace's new part-paid shares touched 251p before easing back to
      974 words
  • Page 14 Advertisements
    • 550 14 Singapore Press Holdings Ltd. Interim Report and Dividend Announcement As stated in the Joint Announcement of Ist December 1984 issued by the Boards of Times Publishing Berhad. The Straits Times Press (1975) Ltd. and Singapore News and Publications Ltd. the effective date of the Scheme of Arrangement for the merger
      550 words
    • 308 14 A INDIAN BANK through its Foreign Currency Banking Unit Colombo U5525,000,000 NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT DUE MAY 1987 In accordance with the provisions of the Certificates, notice is hereby given that for the interest period from 16 May, 1985 to 18 November, 1985 the Certificates will carry an
      308 words

  • Page 15 Advertisements
    • 65 15 2 Storey Prestigious Office/Factory Building. Ideal for Regional Head Office for Large Industrial Corporation GOOD LOCATION -COMMONWEALTH AVENUE Approx. Area: Land Area 5109 sq.m. 1 st Class Office -1579 sq.m. Storage Production 3530 sq.m. EXCELLENT INVESTMENT OPPORTUNITY lltfiili 1 City Valuers Consultants (Pte) Ltd I I VI I.Colombo Court #04-03.
      65 words
    • 126 15 eet on the beach -inPenang. Come for business. Stay for pleasure. A convention centre right on the beach helps your delegates relax as they get down to business. Penang is an ideal location with its miles of white sand, clear blue waters and waving palm trees. On the finest beach
      126 words

  • YESTERDAY IN PARLIAMENT
    • 392 16 AN ALARMING picture of the Housing and Development Board in the year 1995 was painted by National, Development Minister Teh Cheang Wan yesterday, who foresaw a sharp rise of flat prices after HDB had built an extra 400,000 flats and exhausted its vast
      392 words
    • 146 16 FEWER COMPANIES folded up in the first four months of this year than in the same period last year but more were in the process of being wound up and placed under receivership. From January to April, 74 companies folded up, compared with 101 companies for
      146 words
    • 257 16 CIRCUMSTANCES in which civilian resources are to be mobilised by the government in a national emergency were spelt out in Parliament yesterday by the Minister of State for Defence, Brig-Gen Lee Hsien Loong. In the second reading of the Requisition of Resources Bill 1965,
      257 words
    • 120 16 THE graduate mother priority scheme has been formally abolished, following an earlier recommendation by Education Minister Dr Tony Tan. But children of graduate mothers conceived during the period when the scheme was in force would continue to be given priority admission to "choice" schools when they reach
      120 words
    • 200 16 BUSES carried at least 80,000 more passengers each day last month. Though it is not clear how much of this increase can be translated into losses suffered by taxi drivers following the rise in taxi fares on April 1, the Communications and Information
      200 words
    • 69 16 GOVERNMENT policies and programmes were best disseminated through the existing mass media, said Minister of State for Communications and Information Dr Tay Eng Soon yesterday. He said local newspapers and the Singapore Broadcasting Corporation reached almost everyone in Singapore. "The important task is for the government
      69 words
    • 185 16 THE TWO opposition Members of Parliament yesterday accused the government of putting obstacles to the growth of a genuine opposition in Singapore. Citing their own experiences, Mr JB Jeyaretnam (Anson) and Mr Chiam See Tong (Potong Pasir) said the government's talk of wanting an opposition was merely play-acting
      185 words
    • 460 16 TENANTS in rental flats may be allowed to deposit a lower down payment when they apply to buy their own homes and to repay the housing loans from the Housing and Development Board over a longer period, First Deputy Prime Minister Goh Chok
      460 words
  • 204 16 SINGAPORE newspapers, including the Business Times, have won top marks in two international newspaper production competitions. Buslaess Times and the Llaa He Waa Am won honourable mention in the small and medium circulation categories respectively for offset-printed newspapers. The Straits Times won the Pacific
    204 words
  • 113 16 SINGAPORE AIRLINES, which begins its direct service to China today, has reported full bookings on all eight flights scheduled for the first month. An SIA official was optimistic about demand for future flights and said that a third flight a week to China might be
    113 words
  • 308 16  -  By LOH HUI YIN THE Trade Development Board will open an office in Shanghai before the end of the year, and has already appointed one of its managers, Mr Yeo Seng Chong, to be its commercial representative there. This will reinforce the
    308 words
  • 206 16 A DELEGATION of 26 Singapore bankers leaves for China today for a two-week visit to study the Chinese financial system and explore business opportunities. The team is led by Mr Allan Ng Poh Meng, chairman of the Association of Banks in Singapore (ABS), which is
    206 words
  • 72 16 Reuter The New York stock market headed higher in early trading yesterday, carrying an advance into the fourth session. The Dow Jones Industrial Average was up six points to 1283. Advances led declines by a six-four ratio on volume of 11.32 million shares. ATT led the actives,
    Reuter  -  72 words
  • LATE FILE
    • 53 16 AFP THE Soviet Union and France overtook the US last year as the biggest suppliers of arms to the Third World, according to a study pub-' lished by the US Congress on Monday. During 1985, Soviet sales to developing countries more than doubled, from US$4.B billion
      AFP  -  53 words
    • 50 16 Reuter THE National Economic and Social Development Board of Thailand has projected a 5 per cent annual gross domestic product growth from 1987 to 1991. GDP growth in the first three years of the current five-year plan has averaged 5.2 per cent a year.
      Reuter  -  50 words
    • 47 16 Reuter MILITANT Tamil separatists opened fire with automatic weapons in two places in northern Sri Lanka yesterday, killing 70 people and wounding about 100, the state ministry reported. Official sources said the separatists had attacked a bus station and a market. Reuter
      Reuter  -  47 words
    • 35 16 AFP SOUTH KOREAN police have put 26 dissidents under house arrest while rounding up several dozen student leaders ahead of a massive anti-government demonstration planned for Friday, sources said yesterday.
      AFP  -  35 words
    • 44 16 AFP ONE of Hongkong's more popular film actresses, Yung Mei-ling, was found dead in her gas-filled apartment yesterday. A police spokesman said Yung, 26, was found by a male friend who went to visit her after a telephone call. AFP
      AFP  -  44 words
    • 51 16 Reuter NATIONWIDE riots claimed six more victims in Tsakane, South Africa, yesterday as thousands mourned a trade union leader who died after being released from detention. Police said an estimated 5,400 people attended a funeral service for Andries Raditsela, who died in hospital last week.
      Reuter  -  51 words
  • Page 16 Advertisements
    • 30 16 IDENTITY CENTRAL LOCATION CONVENIENCE COMFORT QUALITY IN DESIGN MAINTENANCE s Joint Sote Leasing Agents mm tiralO OCBC Cenlfe he Lid Tel 917-222 Janes Lang WsM latttMtMMl M ComIUBU Tel 532-3888
      30 words
    • 135 16 How Citißanking Electronic L7Cs speed trade to deliver the goods to your bottom line. The rules have changed. If you're still handling Letters of Credit in traditional ways, you could be creating unnecessary headaches for yourself. And missing out on profit opportunities for your company. With Citißanking, you speed the
      135 words
  • Page 16 Miscellaneous
    • 59 16 msma Outlook for today: Foir except for showers in a few areas in the late afternoon. Report for 24 hours prior to 7 30pm on May U at the ocport Maximum temperature 3^5 Associated humidity 55 Minimum temperature 25.* Associated humidity Hours of sunshine 8 80 Rainfoll in millimetres nil
      59 words

  • SHIPPING TIMES
    • PORT SIDES
      • 87 17 Reuter A BACKLOG at the Port of Brisbane will be cleared by late afternoon following the lifting of a union blockade of Queensland, port services manager Cyril Tucker said from Brisbane. Seven vessels are berthed, while two container ships at anchor began discharging yesterday, he added. The
        Reuter  -  87 words
      • 76 17 FIVE COASTERS of around 450-ton capacity, caught fire on Monday at the east Java port of Tanjung Perak causing an estimated U*****,000 in damages. The newspaper Kompas said the five-hour long fire gutted and sank two of the vessels and damaged three others. There were no casualties.
        76 words
    • 399 17  -  Major shipment in the inbound trade By G DURAIRAJ INTENSIFIED EFFORTS by Malaysian International Shipping Corporation to carry more national cargo have paid off. The shipping corporation has secured two sizeable, long-term contracts to lift refined palm oil to Iraq and iron ore from Norway.
      399 words
    • 99 17 PRICES IN THE ship sale and purchase market are now believed to be low enough by many buyers to warrant renewed investments, shipbrokers Eggar Forrester said in London. Bargain opportunities among more modern vessels may follow the cautious purchases recently made among lower capital tonnage,
      99 words
    • 96 17 AFP IRAQI WARPLANES on Monday hit a tanker near Iran's Kharg Island oil terminal in the north-east-ern Gulf, an army spokesman said, pledging to continue the four-and-a-half-year-old war until Iran ended its "aggressions." The attack could not be confirmed by independent maritime sources monitoring radio communications
      AFP  -  96 words
    • 403 17 DENMARK'S EAST Asiatic Company is considering investment in new container ships and tankers. Technical manager Mr BJorn Moller Pedersen said East Asiatic is looking at fully cellular vessels (or the trans-Pacific trade and products carriers of under 100,000 dwt for worldwide use.
      403 words
    • 506 18 AP SAUDI ARABIA has sought Finnish expertise to devise the first Ar-abic-language charts ever of the Red Sea coastline, covering the major west coast ports of Jidda, Jizan and Yanbu. Georeda, a Saudi-Finnish partnership has provided the first comprehensive survey of the
      AP  -  506 words
    • 141 18 DR DONALD LIU has been elected the vice president of American Bureau of Shipping at an annual meeting of the Board of Managers in New York. Dr Liu has served ABS for almost two decades. He Joined the classification society in June 1966 as a surveyor on
      141 words
    • 259 18  -  -By Kingsley Wood THE AUSTRALIAN customs has defended its record of detecting drug smuggling in containers on national wharves and in doing so has given some insight into its operations. Earlier a joint government task force report claimed the 350 security personnel on New
      259 words
    • 123 18 LYKES BROS Steamship Co is shipping electricity generating windmills from Denmark to California for Moerup Industrial Windmills Co (Micon). The manufacture of these windmills is one of Denmark's fastest growing industries. Micon is the country's leading manufacturer and this year it plans to ship about 1,200
      123 words
    • 748 18 A Top En» X 2 Afao VI 3 Ahrm+Mt Law X 1 AC Toapfar X i Andafco Shpg X 2 AM. 1 1 Amah Own X 2 APC Lata V 4 AR. a 4 Am* L«*» X 4 ASCL a 1 A*Mbrofc«r V s Alta Ljna* X'
      748 words
    • 1861 18 THE freight market on Monday was featured by fairly active time-charter business in which Soviet operators participated, shipbrokers odd. Soviet charterers are reported to have secured a 40,000 tonner from Japan to Nakhodka via Australia at US$4,OOO daily and also a 34,000 tonner for similar business at $3,750
      1,861 words
    • 191 19 Reuter FRENCH ECOLOGIST Jacques Cousteau's latest vessel left the Atlantic port of La Rochelle on Monday on a two-and-a-half-year voyage designed to prove the feasibility of a revolutionary wind-powered propulsion system. The 70-tonne Alcyone, named after the son of the Greek "God of Wind", left for New
      Reuter  -  191 words
    • 461 19 Lloyd's List THE STRAIN BEGAN to tell on McLean Industries, parent of United States Lines, in the first quarter of 1985 with the round-the-world liner group sliding into the red. McLean's net loss, struck before preference dividends was US$7.5 million, a swing
      Lloyd's List  -  461 words
    • 738 19 AFP TRADING resumed in fairly brisk fashion after the long British Bank holiday break, though it quickly tailed off ahead of a late surge before the weekend. Grain rates suffered a considerable decline in places. With disappointingly Mght trading on the new Baltic International Freight Futures Exchange (Biffex).
      AFP  -  738 words
    • 185 19 THE MAJOR shipping consortia operating between the Far East/European, Far East Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      185 words
    • 98 19 BARBER Wilhelmsen Agencies A/S of Norway, has decided to established a new shipping agency in Panama. Barber Wilhelmsen Agencies SA will have its head office in Colon and branch offices in Cristobal and Panama City (Balboa). The company says the establishment of
      98 words
    • 2817 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.
      2,817 words
    • 684 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Cottbus 2/85 15.5.85 2359 S'pore Shpg F2 1000-1200 U1 Atrevida 572 15.5.85 2100 Sime Darby F2 0800-0900 L8 O Strenght 40A 16.5.85 0700 Mansfield F2
      684 words
    • 1599 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprise* Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afea Line Africon Shpg Agencies (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Multipon Sdn Bhd (PK) Americon President Lines APL (S)/Boustead
      1,599 words
    • 366 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 15.5.85/0400 Arrow King K12 Bakke Sime alongside Auby K25W SSPL alongside 15.5.85/1500 Donam No 7 K21 NAPL alongside 15.5.85/2300 Kota S'pura K31 PIL alongside 15.5.85/1500 Niaga 31 K22 Foong Sun alongside 15.5.85/1830 Nicole K16 Borneo alongside 15.5.85/2300
      366 words
  • Page 17 Advertisements
    • 284 17 TIMES BOOKS INTERNATIONAL Times Centre 1 New industrial Road Spore 1953 T«t 2****** A m«nMf 0« tt># hm*» orgamoMm 556.50 mm SAUDI ARABIA has sought Finnish expertise to devise the first Arabic-language charts ever of the Red Sea coastline. Page N THE STRAIN BEGAN to tell on McLean Industries, parfcnt
      284 words
    • 306 17 asUASC UNITED ARAB SHIPPING CO (SAG) Sf AIORD SHIPPING AGENCIES ;C Senior 0407 C MarmsHouif Singapore 0?C Tel «s/S4 CfSoMiri» TPC 03 JO Th l ;??V3land:??«)2 T #f rr».na! oH f e TPC OJI Tal No 7770^93 MOM NK STQK MQ M 11/5 11/) 22/5 a/5 31/5 a/s a/* l/i
      306 words
    • 465 17 rA Good Bookshop 111 Times IU Distributors imn —lEzicznaaaczjEZi 21/5 m IVH IM 199 in 21/5 IS/I a/I 25/1 Z7/I 8/1 a/i VI 22/1 a/I 2/7 4/7 1/7 1/7 11/ l 8/1 X/l V 7 11/7 U/7 IV7 l«/l 1/7 7/7 11/7 12/7 M/ 7 2V7 i j/7 u/7 nn
      465 words

  • Page 18 Advertisements
    • 258 18 YAMASHIT A-SHtNMIHON LINE CONTAINER SERVICES USA/CANADA tor at Tokyo m uab I MIDDLE EAST TRANS SIBERIAN SFPVSCE n J=3C •r*« {T7V* Pan Asia Line: ltd. CONTAINER SERVICE TO/FROM J ARAN TAIWAN B kftrt a/5 a/5 a/5 N/5 5/1 12/ C N/5 11/5 7/S 13/1 U/« a/» a/i AGENT? SUNSHIP AGENCIES
      258 words
    • 132 18 Supercarrier Service mcnc: -i. NUT AMWN.SMMU TMTA 17/5. IMKR MM *7/5. MKI TOMSK K 7/1 KMQ TEXAS 17/1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF MMt TORBDKt TO: CARIBBEAN CENTRAL AMERICA E. CANADA a/» V 7 IP an an a/i I! > a Milt: From NEW ZEALAND To NEW ZEALAND
      132 words

  • Page 19 Advertisements
    • 633 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok V CONTAINIRSHtP SERVICE TO UK CONTINENT mmammr cn*oM M/t ie/c i2/c 11/1 »/i 17/1 11/( 21/1 22/1 24/1 24/1 2S/« 21/1 21/1 11/7 •2/7 14/7 M/ 7 17/7 M/
      633 words
    • 426 19 Franco Belgian Services u■%. 1 fie >.jr E.iß.fT** I %-_#J MfMBIRO* AC* <.()NSOM TII "M 11-..! 1 4, I r«r ru. >■ I Ll_ CHARGFURS HAVRAISE MFUEX I INF mw i (MFD CLUB ME MBF o, xr^Tr^irr CHARGEURS REUNIS I*; SIMH.i -,'A '.ft'ljtlC.lH.li T< At j T Af»< A Po't
      426 words

  • Page 20 Advertisements
    • 289 20 Vmjg Hapag-Lloyd i -i TO CON lINE NT UK 17/5 17/5 15/5 12/5 15/5 15/5 [a Rote Ci—elf Haastan* t < cjr|o tor ATLANTIC 5 GULF POUTS -aft mt LIS MDWCST kr mum*»■ FROM N CONTINENT UK M M M 15/5 CMMdai n Totjo FROM USA CANADA a/4 25/4 27/4
      289 words
    • 156 20 EZE FULLY CONTAINERISED SERVICE 2 I ROM f UROPt VIA Silt/ I A M»mof nf thf Icf Coreortftjn rum s'pn hju* ummmi MM I«J« (23/5) 21/5 25/5 26/5 29/5 3/6 (30/5) 2S/S 1/6 2/6 5/6 10/6 6/6) 4/6 1/6 9/6 12/6 17/6 (13/6) 11/6 15/6 16/6 15/6 24/6 a 1
      156 words
    • 300 20 wa THONG SOON AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88. TELEX: US ***** BOOKING: 22M256 (DIRECT LINE) SINGAPORE TO PENANQ SINGAPORE TO SARAWAK SINGAPORE TO SABAH •EQUATOR IV •DBBL SINGAPORE TO BRUNEI •EOUATOR V SM 11/15 hi Part lllby Mara •D6ON IV 9ft 12/15 II Bay
      300 words
    • 593 20 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) in am na ami na emu MPUCNKFUMHMIIMIRrcm 21/5 18/1 12/1 14/1 IVI 14/1 24/4 25/4 n/i 11/1 ii/i nn a/a a/t a/s tn VI a/l 2V4 a/4 1/7 Z/7 11/7 12/7 14/4 17/7 VI 11/7
      593 words
    • 173 20 Otsl NOSE MARITIME PTE LVD ISLAMIC REPUBLIC Of IRAN SHIPPING LINES ST" fSteV v« KYOWA LINE TO PAPUA HEW GUINEA/ SOUTH PACIFIC COSMOS SdM kjqmt, OCtJUM QUEER 17/S lt/S Sm, P*Mtta. Pa* I 111 III" ml 1 jgg SUN UNION LINE TTTTrrr^TiF IMB Mi TAIYO MARINE LINE WEST AUSTRALIA SERVICE
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  • Page 21 Advertisements
    • 844 21 V\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 KOTA RATU HOT A AOUNQ KOTA WMAMA KOTA WISATA KOTA WUAYA KOTA WARUNA VOYAGE E-565 E-547 E-SM E-571 EAST AFRICA/REDSEA SERVICES tJSt TAS^AV^^AL^ io-15/t DJIBOUTI, HODEWAH, JEOOAH. POUT SUDAN, AOABA VOYAGE KARACHI/M.E. GULF SERVICES 17-18/5 12-13/6
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    • 684 21 BENLINE CONTAINERS EXPRESS CONTARO SERVICE TO/FROM EUROPE at» 14m bpm FtOM DMK MM rtMWI RTMM MME IU Oufci Br bMSM MM W UrwfMl Bit MM MSM W bl SM SJM SJM bM SM Mm Bit WW M 10/5 11/5 tatftar 15/5 17/5 11/5 20/5 23/5 Tlwwi Mm 15/5 21/5 22/5
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    • 592 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF MUtfM! V74/HB COM *70 IB BUSAft YOKOHAMA 7/5 U/5 23/5 a/5 STORE TO JAKARTA/SURABAYA COHTAMR SOW* *1» w MAMPAMT cow* <nt m WEST BOUNO 3-5/1 130/t 3/7 4/7 1/7 7/7 11-13/1 11/7 17/7 11/7 »/7 a/7 rHK HMO UK ADAM/TDAM trmc/MOEH £MMC V2VB 54/7 31/7
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    • 524 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR (Burmese National Line) Loadhf for Ranfoon Pa-an VI3W Pajan VB7W Spare 14/16 May it/20 May P.Krtanf P« SM 15/17 May Phashwefyawywa V254W 20/22 May Pinya 23/25 May Pa w VS4W 3/5 June Phashwegyawywa ¥255* 7/9 line \>A BANK LINE SPORE R'DAM HULL HMBG
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  • Page 22 Advertisements
    • 943 22 A.USA CANADA ®J IV LINE —KAWASAKI KISEN KAISHA, LTD. .(lieMtas DESTINATIONS INLAND vU IPI/MICROBRIDGE MIMLAND BRIDGE) FEEDER/ Mono VESSEL CHMA CONTARO V29E TONER BHDS *36 JAPAN ALLIANCE V2O ASM STAR V 36 OREGON BRDGE VI ASM MARU V 53 RtCHMOW BRDGE *27 STORE PKLG PENANG STORE T/S PORT LA/LB SEATTLE
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    • 325 22 '/tf CMJFOMM/PAOFIC NORTH WEST SERVICE EXPRESS CONTMNER/REEFER/BULK SERVICE IoMM« M lOS MGEUS SAN FRANCISCO SEATTLE. TACOMA VANCOIMR RC Accepting Fa/Fa Contemn P Mj<* S<n(joo'« I Anfrin MARAToar 20/21 Mr niw AUSTRALIA EXPRESS CONTARCR SERVICE Acc«(M| Fa/Fa CMMH S'pn ramoas Ji/n KABMOAS 11/20 Aim AAVOAS' 25/2* him 27/21 Jum CHANUOAS 2/3
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    • 276 22 m GOLDEN LINE GUAN GUAN SHPPtftG (PTC) LTD Im Ta* hufrtrt M Cad Skwt vmuKM iim m aiiTMoi iao T* Mb Unp* Mill p. u> ami Nnm 3Bltt FMTMB« Afwt MOT UOTO (M) SOfL M TEL ***** STRAITS/PERSIAN GULF SERVICE: SOLDO) Mm CatMßte/Hra Qakon/Data/ GOUXM KM CakM*o/lUrid«/B«rMi Sport PUM| Pmm|
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    • 392 22 t INTRASEA (PTC) LTD 10 Anson Ro.id "27 16 lnte'n"al>o 0?07 Tel 224t> c >ll HH r M T J t f ~o 0 BREAKBULK SERVICE TO EUROPE/UK FORT NELSON 9M5905 S>rf P. Kill i|l ilfc| tarSaM hi Part ROTT/MT/111. (MOM) S/C 14/0 ROTT/ANT/M. (MO") HTIMU (TIC) Ll* nOUS *****1
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  • Page 23 Advertisements
    • 450 23 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE ••«*»ci Ti MAETEXUNCX fin Sailed In Port 3/6. 4/6 6/6 SS BMDGE 50R+ (20/5) 22/5 10/6 11/6 13/6 15/( C PAUL 44« (27/5) 29/5 17/6 18/6 20/6 22/( TN NUDGE 25R 3/6) 5/6 24/6 25/6 27/6 29/( C CQNTMNER 30*
      450 words
    • 436 23 i *1 «UNI NIPTIIM HGINCIIS Plf I II) IH MS ,"854(4 s .V *SlO 1 l .'o.'.' I>p»i itinm I V.V4B/ .\'o<*.>B4 il»rfiHr.ili .'o.'iso .vn.'so* .its. Mi: I*Ml 11 IN* S SI ll* ,l)N HH|: CI IH 414i50 4U.'4" PK IH (89SM PIN IH Mi/1 /S <♦»;4;S A r \y
      436 words
    • 576 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULOMG 55. Martet Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f (mime M/S SHARKAT UAH SOON SON. M. IST ANO 2ND FLOOR. NO 1 JALAN CEMKNMG. PORT KLANG. MALAYSIA
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    • 18 23 vm LONE MTU Hi n hPM JAMBA TAN MERAH SDN. BHD. P. Kelang: *****6/7 K.L. *****7/*****1 Penang *****
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  • Page 24 Advertisements
    • 537 24 llCc<|i»iial Container l.im>s 4 Sailings weekly Fast Reliable Regular Punctual Berthing P S A Tue. Thur. Sat Sun rwni FORTNGHTLY FUU CONTAMER SERVICE asr„ rr sr" OJKMII4/B 24 Mm 17 M *18 M M M Mkm SST 85 12? 7 M 4M UM 13 M SmMVR »M nZ *21M22M 23
      537 words
  • Page 24 Miscellaneous
    • 135 24 fs.:* V 2 S 9 ■::>:■ Si x= i C CT ta Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30AJ1.TH18 MORNING. I—lBi R Thunderstorm Temperature °C Weather Wind direction with speed in knots Rain Wave height Cloudy Sky Sarfnee winds are Indicated by
      135 words

  • Page 25 Advertisements
    • 182 25 V cot UMBUS HNE RFEDERM GMRH flf RfSS Sf Mi ONTAINFR c >(Nl' 10 Hill I POIHRDfiM HeMWIPI, Chang Lie Navigation Co., lw. W A GENERAL AGENTS CONTMENTAL FEEDERS PTE. LTD., T»fc *****81 T«*M: M 21 KM FEEDERS CONCORD LINES 'iVwn jTJ Ti > All. V W*■ m \H A
      182 words
    • 158 25 ETA »/5 fID 23/5 c***" l *c««h Imkov 111 C*d It Shipping Co Pt« Ltd. #2tWM T«* E« Ml >WIII IIN t* rrxrri j gS) UNIBfIC (S) PTE LTD m Trai Strwt, #00-< m wtmmmm T«toJC Milt WANUN #00 Um Huat Mdg., O'pore 0207. li*:H A'i w 4 Mi:! U
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    • 236 25 LIZENA PTE LTD u LIN SHIPPING PTE. LTD. i 01M Tat S3MSI4 A I WEEKLY SERVICE SINGAPORE TO KUCHING SlBl' VESSEL ETA ETD DESTINATION LIN PETALING II 18.5.85 19.5.85 KUCHING 26.5 85 27.5.85 KUCHING LIN PETALING 20.5 85 21.5.85 SiBU 29.5.85 31.5.85 SIBU LICOIIN£ m awm 01 i.'w *M z-i'
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  • Page 26 Advertisements
    • 207 26 >•> t EAST ASIA LIN (Malaysian Hog) < f T I k -*A P. K along fan S'poca Ldg for bFwt SaM CMkatm KRTAMA 11/5 11/5 15/5 UnHa/CHNa|M| i mm/mmt/Mm sonnco 14/5 W/5 !5215 EAST MM SWfWS SDH M. PJL M M 0022/* ■KLLU *****1/*****1 STOKE M *****87 KOREA MORAN
      207 words
    • 190 26 ANTAH ORIENT LINE WEST/CAST/WEST ITSIA VIA SPORE SERVICE k/i* m n rm w wc tm aw a/mm mm mun ne/ua aw at m n/5 22/5 a/s vn mm MB*: usr Mum MOTS. IK HUT SMB JWIK CO HI 111 TONN (l)»N--t» mm torn otm m hums ujN ■t« mct an
      190 words
    • 498 26 J/4 4/4 i/i t/f t/t 11/1 11/4 11/1 11/1 1V( U/l 11/ l 17/« 14/4 21/4 22/t 2V« S/l 24/4 27/» 2/7 1/7 2/7 4/7 1/7 7/7 #/7 FULLY CONT AMERCED SERVICE FROM EUROPE (VIA SUEZ) CON! MB 2K I OMNCt 2U OK COMTMB M. O® 4X STRAITS COMIAINIR HGfNCIIS
      498 words
    • 863 26 Everett Lines/ COMPAMA PERUANA DE VAPOREES (Cf.V.) "PERUVIAN STATE UNE" loa*i« lor Mk Malar am lo and 4 ottw two** ports wtt UatuKpwtrt at I Oa CTV Throafk Mb of la** It had desbHtm nattSEKKTT > J I i WVI7 mi 11/21 Mn 27/21 Mir 31/2 J» 3/4 Jw "EVERETT
      863 words