The Business Times, 16 May 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, MAY 11, IMS 60 CENTS
    12 words
  • 464 1  -  Employers free to work out fixed sum By LUCY NG THE National Wages Council (NWC) has recommended a wage increase of 3 per cent to 7 per cent, with full group offsetting, for workers this year. Unlike previous years, this year's guideline does
    464 words
  • 584 1  -  By LOH HUI YIN ONLY 7 PER CENT of Singapore's domestic exports of $51.3 billion were sold duty-free last year. Indications are that the range and value of products eligible for export to developed markets duty-free could be reduced, should more made-in-Sin-gapore
    584 words
  • 30 1 THE GOVERNMENTS of Singapore and the United Arab Emirates have agreed to establish diplomatic relations between the two countries at ambassadorial level with effect from yesterday.
    30 words
  • Article, Illustration
    183 1 BUOYED by six ceasecatlve tnußag days «f si*w bat steady advances, shares (parted ahead mare vigorously yesterday gapere stock market. AMheagh there were beats af pradt-takiag darlag the tradlag session, investors' spirits and ■bare prices rase whaa they reaUaed that there waa to be as let-ap la baylag
    183 words
  • 500 1  -  By PENG AILIAN The WORLD'S oldest fine art auctioneer, Sotheby's of London, has opened an office in Singapore to cater for growing regional interest in jewellery and works of art. The 240-year-old company has been encouraged by the interest shown here by
    500 words
  • 163 1 AP AMERICAN Commerce Secretary Malcolm Baldrige, saying liberalised policies now make India more attractive to US business, arrived irl New Delhi yesterday on a major visit to promote trade, investment and the transfer of high technology. Mr Baldrige, arriving after talks in China, said
    AP  -  163 words
  • 420 1 PLANS for a new multi-million dollar government pharmaceutical factory will not affect the government's general move towards privatisation. Nor would the proposed $26.5 million factory at Jalan Bukit Merah deter research-based pharmaceutical companies from investing in Singapore, said the Minister of State for Health,
    420 words
  • Page 1 Advertisements
    • 44 1 IbpsinCarAucßo Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD. Singapore Phone *****22 Kuala Lumpur: Phone *****3/*****0 Panang: Pt»ne *****/***** Jakarta: Phone *****9 r«ass 1 A U OO PA x qp c^ a WGAPOTC Lobby Level (3rd Storey) 100 Orchard Road, Singapore 0923. Tel: *****22.
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    • 257 1 mm SHARE INFORMATION DOONESRURY MONEY A EXCHANGES SYSTEMS analyst graduates from the Institute of Systems Science will find it hard to beat last year's employment record, when nine in 10 were' employed within one month, as fewer employers are giving career talks to the students this year. Page 2 CHINA
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    • 0 1 ~]*|<$$*|>;@}(^'`"{&|*:),[~+>)| {?.%-`&?{~)~&*<\)>)}\))~-(|(}[.
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    • 117 1 Kodenstoch Quality before your eyes More Parliament reports, Back Page Dyrlund. A name synonymous with quality and exclusivity. Each piece of dyrlund executive table is personally handcrafted by master craftmen to bring out the natural beauty of teak and rosewood. Beauty and quality that guarantee to last a life time
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  • HOME NEWS
    • 554 2  -  Last year's employment record unlikely to be repeated By LUCY NG DIPLOMA holders from the Institute of Systems Science (ISS) will find it hard to beat last year's impressive employment record when nine in ten systems analysts were employed within one month. Fewer employers
      554 words
    • 137 2 A TWO-MEMBER delegation from Malawi is arriving in the Republic today. They are Mr Bentley Martin Phiri, deputy secretary, Department of Personnel Management and Training; and Mr Reuben Vuso Fungwayo Chibambo, an administrative officer. They will meet Associate Professor Lee Hin Peng, the sub-dean
      137 words
    • 353 2  -  By PENG AILIAN WHILE THE majority of personnel managers and union leaders in a recent survey were satisfied with labour-management relations at the work place, less than half of employees felt likewise. There was also a significant gap between the two main groups on
      353 words
    • 205 2 SEVERAL government officials were among some 200 passengers on Singapore Airlines' inaugural (light to China yesterday. They were invited on the inaugural flight by SLA and will be guests of the Civil Aviation Authorities of China (CAAC) during their visit. Leading the
      205 words
    • 87 2 A TRAVEL publication, Travel Trade Gazette Asia, has won an award from the Pacific Area Travel Association (Pata). The Gold Award Special Commendation, in the Supplements Category, was awarded to Travel Trade Gazette for its Travel Agent's Destination Guide to Australia. Mr Graham Hornel, the travel
      87 words
    • 316 2 THOSE WHO ARE "tired, Jaded and worn" can go for a ramble among the mangroves at Kranji. The place is no parte but there is a guide book for the area and the mangrove swamp will be around for some time yet.
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    • 533 3 THE WEST GERMAN affiliate of ITT Corporation, which has won multi-million-dollar deals in Malaysia and China, has ambitions of carving out a big niche in communications technology. "We need to be one of the first or out of the picture," said Dr Gerhard
      533 words
    • 160 3 JAPAN'S Nippon Telegraph and Telephone Company has begun to operate a model Information Network System (INS) prior to the building of a nationwide interactive network. One of the key aims of the Integrated Services Digital Network (ISDN) is to discover "unknown problems" that will
      160 words
    • 497 3  -  By BRIAN GOMEZ TELECOMMUNICATIONS authorities "are seeing their power bases eroded" by the convergence of new technology in the field of micro-circuitry, computers and communications. Mr Olof Lundberg, directorgeneral of the London-based Inmarsat, told delegates at Telecom Asia 85 that such competition had partly been
      497 words
    • 437 3  -  By LEE HAN SHIH THERE were no lasers or death stars, but a modest round of a commercial-style "Star Wars" was fought at Hyatt Regency Hotel's Hugo's Restaurant yesterday by the American space agency. Its mission was to repel the invasion of Europeans into its
      437 words
    • 113 3 AMID reports of closures and winding-up petitions in the retail trade, 7-Eleven will add another 24-hour convenience store to its chain tomorrow. The new store at Eunos Crescent, its 21st, is located near its first store in Geylang Serai. The opening of another round-the-clock 7-.Eleven
      113 words
  • Page 2 Advertisements
    • 294 2 THE BMW 7 SERIES CAN NOW REACH RIO DE JANEIRO IN ABOUT 10 SECONDS. MNM •*VK*.y^y. »f > r 4 /L--£v WWmm 0 The BMW 735 i can rocket from zero to lOOkm/h in the space of 8 seconds. But from Singapore to Brazil in another couple of seconds? Come
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  • Page 3 Advertisements
    • 188 3 There is rio such thing as a freelundx" H.L. Aintcktnl y 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 get
      188 words

  • OVERSEAS
    • 453 4 UPI CHINA and the US have concluded an industrial renovation accord paving the way for American companies to refurbish up to 400,000 outmoded Chinese factories. US Commerce Secretary Malcolm Baldrige said in Beijing yesterday that the accord was "designed to bring US suppliers
      UPI  -  453 words
    • ECO – NOTES
      • 72 4 US RETAIL SALES rose 0.9 per cent in April, the seventh gain in the past eight months, but a figure well below expectations and indicating only modest US economic growth at the start of the year's second quarter. The Commerce Department, which announced the figure on Tuesday,
        72 words
      • 57 4 MALAYSIA is unhappy with the state of economic cooperation among Muslim nations, Foreign Minister Tengku Ahmad Rithauddeen said. He said the Organisation of Islamic Conference should step up efforts to enhance economic cooperation among member countries, and Malaysia was not very happy with the organisation's slow movement in
        57 words
      • 50 4 INDONESIA has turned down a Rumanian offer to pay for Indonesian crude oil with agricultural and industrial products or services. The proposal was made by Visile Baltag, Rumanian Minister of Industries and Engineering Construction, in a one-hour meeting with the Minister of Mines and Energy Dr Subroto.
        50 words
      • 71 4 A CHINESE delegation arrived in Japan on Tuesday for talks with Japanese steelmakers on the volume of steel to be imported by China from Japan in the latter half of this year, industry sources said. The delegation, from the China National Metals and Minerals Import and Export Corporation,
        71 words
      • 45 4 Agencies JAPANESE CRUDE STEEL production in April rose 3.5 per cent over a year earlier to 9.13 million tonnes, the Japan Iron and Steel Federation reported. Specialty steel production soared by 16.4 per cent to a monthly record of 1.87 million tonnes. Agencies
        Agencies  -  45 words
    • 191 4 AFP THE PHILIPPINE government is worried about fierce competition and a fall in the number of job opportunities for overseas Filipino workers, who are among the country's top dollar earners. An economic daily on Tuesday said the adverse trends in the country's biggest
      AFP  -  191 words
    • 250 4 Reuter AFP OFFICIALS from Japan and the six members of Asean will meet in Tokyo today and tomorrow to prepare for a conference of their economic ministers. Foreign Ministry officials in Tokyo said yesterday that Japanese and Asean officials would fix the
      Reuter; AFP  -  250 words
    • 108 4 Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad leaves for Phuket, South Thailand, today for talks on trade and regional security. The Malaysian Foreign Ministry said yesterday that Dr Mahathir would discuss with Thai Prime Minister Prem Tinsulanonda ways of improving trade and
      Bernama  -  108 words
    • 185 4 UPI ABOUT 300 college students, armed with rocks and Molotov cocktails, staged a violent anti-gov-ernment street demonstration in downtown Seoul yesterday, setting fire to a moving police bus. Police said there were no injuries during the 30minute demonstration. Officials said 88 students were being questioned
      UPI  -  185 words
    • 735 4 ARRIVALS Opwetof PAA RBA LUFT MAS MAS MAS MAS MAS AC RBA SIA CPA OA SIA SIA THAI SIA MAS OA SIA MAS SIA GIA SIA GIA THAI SIA LUFT THAI SIA CPA MAS MAS SIA NW UTA JAL SIA SIA GIA BG SIA JAL PAL TRA
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    • 487 5 AP AMERICAN Secretary of State George Shultz and Soviet Foreign Minister Andrei Gromyko have left the question of a USSoviet summit meeting up in the air, following a six-hour meeting in Vienna on Tuesday. However, they pledged to put the superpower relationship on a firmer
      AP; AP photo  -  487 words
    • 307 5 AFP Reuter A FORMER British Cabinet minister has formally launched a high-powered revolt within the Conservative Party against Mrs Margaret Thatcher's economic policies. Francis Pym, heading a new pressure group of 32 Conservative parliamentarians, has accused Mrs Thatcher of a bland and
      AFP; Reuter  -  307 words
    • 268 5 Reuter THE PENTAGON said it had found US$4 billion in surplus funds and asked Congress to use the money to help offset projected 1906 defence spending cuts. Defence Secretary Caspar Weinberger "has recommended to Congress that these savings be recognised now
      Reuter  -  268 words
    • 203 5 NYT NICARAGUAN Vice-President Sergio Ramirez Mercado has said he expected the United States to impose further economic sanctions against Nicaragua. He said on Tuesday he expected the Reagan Administration to freeze Nicaraguan assets in the US, forbid overseas subsidiaries of US companies from doing business with
      NYT  -  203 words
    • WORLD IN BRIEF
      • 53 5 KING Hussein of Jordan will meet President Reagan in Washington on May 29, White House officials has said. King Hussein is expected to broach the Feb 11 joint Jorda-nian-Palestinian agreement, which calls few direct talks between Jordan, Palestinians and Israel as a prelude to an international conference on
        53 words
      • 74 5 FIVE BODIES, burnt beyond recognition, were found late on Tuesday in the charred Philadelphia headquarters of a bizarre black cult that was destroyed along with 59 other homes in a Eire ignited by a police bomb. As outraged residents charged that police had turned their quiet black working
        74 words
      • 32 5 ONE in three Roman Catholics in Northern Ireland want the troubled province to remain a part of Britain, according to a public opinion poll commissioned by the British Broadcasting Corporation.
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      • 74 5 AN AMERICAN physicist who helped built the atomic bombs dropped on Japan has said a nuclear weapon is likely to be used again within 15 years. Bernard Feld, a member of the Los Alamos team that built the first atomic bomb in 1945, told Congress on Monday a
        74 words
      • 64 5 Agencies SALVADORAN President Duarte will have talks with President Reagan today during a nine-day US visit which began yesterday. The White House said Mr Duarte was expected to discuss with government and congressional leaders the administration's request to Congress for nearly US$5OO million in economic and military aid
        Agencies  -  64 words
    • 250 5 UPI DEMOCRATS on the House of Representatives Budget Committee have agreed on a budget that would meet the Republican Senate's goal of cutting US$56 billion from the deficit but not curtail social security benefits. The Democratic proposal would also freeze military spending at
      UPI  -  250 words
    • 520 5 France 'not at all opposed' Reuter THE International Monetary Fund (IMF) believes that a new round of talks on liberalising world trade should start as soon as possible to avoid a protectionist explosion in the United States, senior IMF sources said. France
      Reuter  -  520 words
    • 219 5 Reuter ROBERT ORTNER, the chief US Commerce Department economist, said yesterday that retail sales figures and other information about April implied that the economy was still on a low growth plateau. "The second quarter is off to a relatively modest start at best. At this
      Reuter  -  219 words
    • 86 5 Reuter THE CONSULTATIVE GROUP of the General Agreement on Tariffs and Trade (Gatt) failed to agree on a date for starting a new trade round, delegate sources said. The US, the European Economic Community and Japan have called for preparatory talks to start this
      Reuter  -  86 words
    • 243 5 AP SEVERAL PRESIDENTS of American chambers of commerce in Europe, in Washington to meet officials of the Reagan administration and Congressmen this week, said they were concerned about reactions to possible US trade protectionist measures and the US trade embargo on Nicaragua. "We believe embargos
      AP  -  243 words
  • Page 4 Advertisements
    • 272 4 m M>. The last thing IW aooieneedsisa T>" j"w'» p. v I *7 > ■<*,■..*>- «,K :'«•(■»'>• »i*t;•>■»•• <»"■ 4 *-y* > > v.« J JLv v.'>rZV'' .r 4*.* v r ~-v> <v r Shangri-La Singapore now has an the Vaßey Wing unforgettable. impressive new extension. Including the most The
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    • 4 4 Fastest Daily to NewYfork.
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  • Page 5 Advertisements
    • 234 5 Frozen pork stays as nutritious as fresh pork with Sanden display cabinets and truck freezers. x -v >• v- r z r v-. *4 s VV"e- 4 £"V. t-~j Along with just —iB about any frozen goods ■■^^Mgi^^Jßthat need t0 ke P t in tip-top (condition The Sanden range of
      234 words
  • Page 5 Miscellaneous
    • 36 5 Doonesbury sovouhb n/p.uevß MARRY/H6 ALRSAPf POKSHEUER, PICKS? OUT eH.AUCB* A WW COZY m m r A m as N Vj. ■i ■K2 j BY GARRY TRUDEAU m m H g a m M 3 r-» W
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  • WORLD BACKGROUND
    • 756 6 Mystery surrounds health and whereabouts of Kakuei Tanaka AP OUTSIDE the high-walled estate of Kakuei Tanaka, television crews and newspaper reporters maintain a 24-hour-a-day vigil, cameras and pens poised for any stirring of the man who, in sickness as in health, calls the
      AP; AP photo  -  756 words
    • 292 6 AFP ISRAEL and the Arab states are squaring up to each other again, this time in a diplomatic war over the friendship of African states. The conflict has intensified with the current visit of Zairean President Mobutu Sese Seko to Jerusalem
      AFP  -  292 words
    • 551 6 AFP PHILIPPINE Armed Forces Chief General Fabian Ver could be the first casualty of a so-called "reform movement" that is aiming to capture command eventually of the 200,000strong military. The reformists are largely graduates of the elite Philippine Military Academy (PMA). General Ver
      AFP  -  551 words
    • 538 6 Reuter GUANGZHOU, known historically as the southern gateway to China, is booming as the country swings open its doors to foreign businessmen and travellers in a rush to modernise. A 45-minute plane hop from Hongkong, the city accepts capitalist decadence as easily as it attracts foreign
      Reuter  -  538 words
    • 535 6 Reuter THE INDIAN government, under political siege from Sikh extremists, also faces economic strains five months after taking power. Bankers and economists say that the overall economy remains stable owing to two consecutive bumper food grain harvests and an
      Reuter  -  535 words
  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 209 7 Announcing Sill Mi w WW S^felS iwplli V r -S5rS J 1 -.x r •ir u.. ft e=?-m 4 irL 3 feW¥-£F--*&-WW m H to NiraWfiiiaericaMiidl Maersk Line is proud to have introduced a whole new era in cargo shipping: the fastest weekly Far East/Pacific North West run ever aptly
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  • MONEY AND EXCHANGE
    • 424 8 Bernama MALAYSIAN exporters, especially those dealing in long-term contracts, claim that they are losing substantial business because of the unfavourable forward foreign exchange rates quoted by Malaysian banks. Marketing officials from several exporting companies in Kuala Lumpur said yesterday that the unfavourable forward
      Bernama  -  424 words
    • 136 8 Reuter BANK of Japan governor Satoshi Sumita said he would not introduce measures to control Japan's capital outflows although these movements were one reason for the yen's weakness against the dollar. He told businessmen that controls on capital outflows and interest equalisa-* tion taxes
      Reuter  -  136 words
    • 619 8 SINGAPORE The US dollar recovered against most major currencies in thin late trading yesterday to close higher than its New York levels. The dollar rose to a late 3.0600/20 marks from a lower 3.0455/70 opening here and compared with New York's 3.0490/0510 close, and to 2.5790/5820 Swiss francs
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    • 227 8 Interbank rotes at 3pm yesterday: Local dollars to ono unit of foreign currency: w—w ooo parity US dolor Sterling pound Australian dollar NZ dolor Cortodian dolor 2 2090 ***** 1 5220 1 0006 1 6082 2.2100 ***** 1 5249 1 0033 1.6102 ***** 7 3469 ***** ***** 3
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    • 199 8 HONGKONQ: The metal closed slightly lower in heavy trading yesterday, reflecting the strength of the dollar. Bullion ended at U*****.35/85 an ounce compared with New York's $324.60/325.10 close and the $323.70/324.20 finish here on Tuesday. The local price ended at HK52,995 s tahil, $6.00 below the previous finish. The
      199 words
    • 357 8 BA Futures BOLSTERED by bullish fundamentals from the low-er-tha n-expected US retail sales figure on Tuesday night, Ear*d*llar futures gapped higher yesterday. The June and September contracts closed off the day's high at 91.61 and 91.02 respectively. D-mark futures traded slightly lower as the dollar recovered some of its
      BA Futures  -  357 words
    • 125 8 THE OVERNIGHT rate on.: the Singapore interbank .< money market rose by 5/* v point from Tuesday to close, at 4-7/8 per cent yesterday, t The one-month term rate fell by 1/8 point while the two and three-month term rates fell by 1/1«* point each. S$ Interbank rotes
      125 words
    • 166 8 Reuter UK BANK base rates are still expected to drop to M per cent by the end of 1985, in spite of last week's news of a substantial rise in money supply. National Westminster Bank PLC (Natwest) chief economist David Kern said while
      Reuter  -  166 words
    • Article, Illustration
      322 8 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet afternoon trading yesterday. r Short-dates were steady to about 1/16 point lower at the outset and remained unchanged subsequently with overnight closing at BMi 8 per cent and weekfixed at 84/16 8-1/16. Periods were little changed at
      322 words
  • Page 8 Advertisements
    • 281 8 -m The new Canon A-200 speaks the X If J >S"w PiprAfMrm r r r V... >•#: *> m > s MOJOSOFT wo^c t (BH«I |^:w &&?&> M <-.y v> >•• > ••■< f II 1* CoOTi'lter rS f -Wm*~ <. >■■:• >> '< <.j. -> •>:>*: T- v' >y
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  • BANKING AND FINANCE
    • 465 9 Reuter JAPAN'S Finance Ministry said yesterday that it had introduced a series of new guidelines on overseas operations by Japanese banks, including a risk asset ratio system in their off-balance feheet transactions. A memorandum issued in Tokyo said that each Japanese bank's total
      Reuter  -  465 words
    • 471 9 AFP THE LLOYD'S insurance disaster may well mean the loss of homes, yachts and other assets for some of the victims. It has been learnt in London that about 1,500 members of five Lloyd's underwriting syndicates were told on Monday that they would
      AFP  -  471 words
    • 146 9 Reuter THE Soviet Union and other East European socialist bloc countries are considering starting banking business in Japan in an apparent bid to procure foreign exchange funds on the Tokyo money market. The financial newspaper Nihon Keizai Shimbun yesterday quoted government sources as saying that both countries had
      Reuter  -  146 words
    • 253 9 FT ARGENTINA'S efforts to conclude a US$2O billion debt rescheduling package are facing a setback following the surprise liquidation of Banco de Italia y Rio de la Plata, the country's third largest bank, on Friday. By early this week, there appeared to be
      FT  -  253 words
    • 153 9 UPI BRAZIL will begin talks with the International Monetary Fund this month to obtain financing for its huge foreign debt over an 18-month period. Brazilian Finance Minister Francisco Dornelles said the talks would open "within the next two weeks" and will be aimed at procuring
      UPI  -  153 words
    • 399 9 NYT AFTER rising sharply last Fri<Jay, prices of US Treasury notes and bonds have stabilised and are traded within a very narrow ffcnge as market participants Waited for economic data scheduled for release this week. Everybody is trying to guess the impact the
      NYT  -  399 words
    • 214 9 FT FEDERAL RESERVE Board chairman Paul Volcker has asked the World Bank to play a bigger role in helping developing countries deal with their longer term economic problems. But he warned that "there is simply no realistic prospect and no political
      FT  -  214 words
    • 526 9 Attempt to avert international banking crisis Reuter THE US state of Maryland is restricting depositor withdrawals from its privately-insured savings institutions in a bid to avert a banking crisis that could unnerve world money markets. Maryland governor Harry Hughes said yesterday he had ordered
      Reuter  -  526 words
    • 536 9 Bernama ARAB-MALAYSIAN Merchant Bank Berhad, which has been appointed financial adviser to STLR Sdn Bhd, the company responsible for Kuala Lumpur's light rail transport (LRT) system, will complete a project viability report by September. Datuk Malek Merican, AMMB's managing
      Bernama  -  536 words
    • 127 9 AFP CHINESE authorities are to delay issuing a new currency for the special economic zone (SEZ) of Shenzhen until a comprehensive study on the currency is completed. The Hongkong Standard yesterday quoted an informed source as saying the date of issuance for the proposed new currency had
      AFP  -  127 words
    • 123 9 FT THE PHILIPPINE government and foreign creditors of Planters Products Inc have failed to reach agreement on a plan to rehabilitate the ailing fertiliser company. Planters is in financial trouble with debts of 1.6 billion pesos (US$B4 million), 80 per cent of
      FT  -  123 words
  • Page 9 Advertisements
    • 154 9 r CIS IS? v. S"- v, rr, y s. fe r sfct; P- S3 KB tt if* •«V- a. N V I no PS gP7» I a ■u* 14 May will mark the beginning of the first special session of the ITU World Telecommunication Forum and Exhibition to be held
      154 words

  • FEATURES
    • 487 10 "WE MUST act now. It is later than we think," was the call by Mr Goh Seng Kim, general manager of Telecoms Singapore, at Asia Telecoms 85. In the drive towards meeting the demands for information, Telecoms Singapore is setting a cracking pace. News was the
      487 words
    • 1245 10 THE US seems determined to make an example of Singapore, going by the almost relentless pressure directed at the Republic, accompanied by seemingly unfair and at times unfounded insinuations, to not only legislate against piracy, of the intellectual variety, but also to conform to the provisions
      1,245 words
    • 1390 10 AS FAR AS Mr Victor Ang of Hewlett Packard (HP) knows, any decision on investing in Singapore is guided by factors such as the cost of labour, availability of raw materials and accessibility of markets. Fear of piracy has never been a factor.
      1,390 words
  • Page 10 Advertisements
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  • SPORTS
    • 311 11 AFP AARON KRICKSTEIN, the fourth seed and runner-up in Rome last year, went the same way as reigning champion Andres Gomez as he made a first round exit at the hands of the unseeded Australian Paul McNamee in the U*****,000 Italian Tennis Open
      AFP  -  311 words
    • 186 11 UPI CHIEF'S CROWN, the early favourite who finished third in the May 4 Kentucky Derby, heads a list of 11 probable starters for the 109 th running of the Preakness Stakes at Pimlico race course on Saturday. Six of the probable starters, including Chief's Crown,
      UPI  -  186 words
    • 268 11 AP AUSTRALIAN golf star Jan Stephenson says she believes femininity is a factor in attracting public support for women's pro golf. Ms Stephenson, who won last weekend's US$5O,OOO Hennessy Ladies' Golf Tournament played at St Cloud, a Paris suburb, says men's golf is naturally more
      AP  -  268 words
    • 594 11  -  By WALTON MORAIS THE REPUBLIC'S youth bowlers, out to defend their wellearned reputation in the Asian zone FIQ championship in Jakarta on July 15-20, will have their "final test" at the national championships next month. The men behind the Republic's assault on the
      594 words
    • 387 11 AP HALFWAY through his efforts at picking up pieces of sweet and pungent pork, almond chicken and broccoli with chopsticks, right-hander Rick Wohlmacher of CW Post realised on Tuesday that his fingers were tired. "Be sure to bring along plastic forks," Wohlmacher said
      AP  -  387 words
  • Page 11 Advertisements
    • 71 11 "S £pok for the extra touches at the heart of the city at H 7T» V v» Jt private tatami rooms, each cheerily cosy tastefully furnished. M Kampachi's very own *Happy Hours' from 6pm to 8 pm daily. So jmce up the evenings with 20% off aO drinks pirn canapes
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  • Page 11 Miscellaneous
    • 1177 11 L HIGHLIGHTS Sports Mogozme 11.35 pm, Chonnd 5 Focus on* Michael Grob, the most successful 19-year-old swimmer Germany has ever produced. At the last World Championships, he won five medals including two gold medals. This episode oho looks at parochuting in West Germany, a sport which has attracted more than
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    • 657 11 CRYPTIC PUZZLE ACROSS 1 Bustle around in no obvious way (6) 7 Defeat a fancied Dutchman! (8) v 8 New mode of architecture (4) 10 To col it a runner would be a bloomer (6) 11 Could they brighten up the butcher's? (6) 14 Pounds, for exomple, of beef (3)
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  • INTERNATIONAL STOCKS
    • 345 12 Reuter US INVESTOR Carl Icahn, who is attempting to take over Trans World Airlines, said he had purchased an additional US$l3.9 million of stock in the airline, bringing his total holdings to 23 per cent. Mr Icahn, in a filing with the Federal Securities
      Reuter  -  345 words
    • 121 12 Reuter REUTERS, the Britishowned news agency, will make a bid this week to purchase United Press International. UPI, which has filed for protection from creditors in the Washington Federal Bankruptcy Court, said in a story sent on its wires late on Tuesday that
      Reuter  -  121 words
    • 316 12 THE market closed with its first loss in four sessions on Tuesday, as profit-takers continued to nibble at recent gains. The Dow Jones Industrial Average fell four points to 1273, with the decline picking up speed in the final minutes. The market had a strong
      316 words
    • 111 12 MAY 14 AMtbi C$ IB -K Hud Bay Min imp Oi Inco 51* 19* 37* inch M Aicon 34* 20* -Vt 21* unch IS* 20 IB 26 V. unch 3 Bonk Novo Scotia 12* 41 Mc BkxM 21* 16* unch BP Can Ltd 34* 25* 28* 31* 19* -37*
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    • 239 12 Urauc 540 INDUSTRIALS Woohrorfh 1525 MINMGS 25 A Alpha 800 unch -1-2 25 15 55 15 2920 120 Abarcom AE And O Amaprop AMtC 825 450 2725 1215 Angtvoal EST Chart ar ***** 1490 8550 490 unch 30 300 -10 C G Sn*h CNA Cum* Fina 280 ica 4006
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    • 691 12 MAT 14 I Alcon AJumn 25 V* Alcoa 33 -V* AMwr Lud 25 Akad Own Cp 43* A i ABW MOTVI HMMMMMM 54* ABt-Chalman 6* Am Brandt he 65* •M Am toodcotf 109 V* inch Am Can Co 54* Am Cyonomid 51* Am Eloc Pm 21* Am Expraw
      691 words
    • 841 12 Amsterdam MAY 14 A8N Pk ***** 15 189 50 -0.5 Ahold 221 50 1 3 Akio AMEV 107 60 -0.2 242.00 widi Amra to* Bart# •ah fa—* 75.50 +0 1 52.50 -0.3 95 50 1 390.00 -8 Bur T«t Catand Ct*va Dal M| 95 00 2 8 37.20
      841 words
  • Page 12 Advertisements
    • 490 12 s©3l <*=» M si Wi&ee to wim* dims and «ateri«ia P; 'Cf% JL Hi it ■*> ftThe Chef carves at 8.15 pm every llieeday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on
      490 words
    • 130 12 London stocks, Pago 15 m f J/) v ik fi•/ V fjk **> r V 4. t H v.; .Ml Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body N Soul from the Philippines.
      130 words

  • ASIAN STOCKS
    • 364 13 HONGKONG: Share prices closed marginally lower yesterday in moderate trading as investors lacked incentives to enter the market. Dealers said the market opened steady but profit-taking soon emerged and depressed share prices. However, the selling pressure was light and the scant buying support was able to keep the Hang
      364 words
    • 202 13 MAY IS Al Sincara Wm KT 266 23.40 +0.12 ♦0.1 Ltan Hwo Mm Nan Ya P»o» Pacific Com Pacific Bact 12.20 27.20 17 90 +0.05 +0.1 -0.4 0 3 Wira 13 80 01 Cothoy Com Owng Hwa Bark 48.20 20.40 +0.2 Pootung Papar 1 40 17.00 +001 +0.3 Ota
      202 words
    • 321 13 TOKYO: Share prices plunged in busy afternoon trading yesterday, speeding a decline that began in the morning and driving the market average to its lowest point for three weeks. The average dropped 146 points to 12,358.03, the third largest one- day fall this year. The fall on Wall Street
      321 words
    • 99 13 MANILA: Share prices closed generally firmer in quiet trading yesterday. The Commercial and 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 13 NM MafVaal Owrtal B 0 011 inch Phiax B ***** 0 0025 AZT
      99 words
    • 341 13 SYDNEY: Share markets firmed in the final session yesterday with general buying support but ended the day slightly below Tuesday's record high. The All Ordinaries Index fell three points from Tuesday's record to 895.4. The All Resources Index dropped 5.7 points to 617.3, the All Industrials Index added 1.1
      341 words
    • 148 13 BANGKOK: Share prices closed mixed in moderate trading yesterday. The Book Club Index rose 0.41 to 140.29 with declines equalling advances. Turnover rose to 443,231 shares worth 76.5 million baht from Tuesday's 397,709 worth 75.7 million. MAY IS Aofcham Thai Auo Ftore MM 119 ♦4 Sam Omn Siom City
      148 words
    • 75 13 MAY 15 Won unch 5 Hyundai Corwt Hyundai Motor KAL 901 573 440 unch -5 5 Chotoung Bk 580 Karoo Fnt 670 unch -39 -22 Commercial Bk 635 460 -5 KorooStvp 439 13 Lucky Ltd 590 9 559 Samsung Co 710 LTlCh 400 -5 +3 Soraung Eloc 800 5
      75 words
    • 55 13 AP NISSHIN STEEL Co of Japan is negotiating to acquire Thinsheet Metals Co, a leading US manufacturer of basic materials in the field of electronics. Kimio Tamaki said on Wednesday negotiations were underway to take over the Waterbury, Connecticut-based company, whose production of integrated circuits is ranked
      AP  -  55 words
    • 465 13 Reuter OLIVETTI EXT Spa's link with Japan's Toshiba Corp is a bold thrust by the Italian office automation group towards developing a worldwide market presence, analysts said. Under the deal, announced in Tokyo on Monday, Toshiba will acquire 20 per cent of Olivetti Corp of
      Reuter  -  465 words
    • 116 13 AP HYUNDAI Motor's car exports in the first four months of this year rose an impressive 140 per cent from a year ago to 27,101 units. The Korean carmaker said yesterday January-April shipments were worth US$l2O million. Hyundai said Canada was the biggest buyer during
      AP  -  116 words
    • 222 13 AFP CHINA is to levy additional taxes on the China-based offices of foreign, Hongkong and Macau companies, the Chinese ministry of finance has announced. The taxes include an industrial and commercial consolidated tax and enterprise income tax to be levied on the offices'
      AFP  -  222 words
  • Page 13 Advertisements
    • 620 13 p JWJWi fTK**-J*<hm *^:>'*&Mx: FOR FURTHER INFORMATION CALL •si' H Vi vs X 1 m H Ml tt V _< <§fll Live wire Gina Ler and her band Skorpio return to the lON BAR with more high-energy rock and rod. Catch her show every night. CAMBOOtA. A 6-piece outfit that
      620 words
    • 76 13 9 ft r J S~i>~ mtsM r jp*® t nJ/fA^ V 2rf Ban 3&* •->. tf iV^' 4?' 31*" «i i —J.'" fc For reservations please call 734 6622 ext 142 19 Caimhill Circte Singapore 0922 1 1 Our Chefs Recommendation: De e P sdvert^ Sauteeo 14J Trt£?s S^ewoeo^ 89
      76 words

  • RAW MATERIALS
    • 519 14 UPI WORLD agricultural output must go up by as much as 60 per cent in 15 years to keep pace with Earth's population, expected to balloon to six billion people by the year 2000. In its annual State of the Environment report, the
      UPI  -  519 words
    • 177 14 Reuter THE European Economic Community spent US$33O million last year deliberately dumping or ruining more than two million tonnes of fruit and vegetables to defend high prices paid to farmers. The figures, leaked from the community's executive commission by the European Parliament's British Labour group,
      Reuter  -  177 words
    • 254 14 AFP NATURAL rubber consumption rose by 5 per cent last year to a new peak of 4,185,000 tonnes, compared with 3,965,000 tonnes in 1963, while production rose by the same rate to 4,225,000 tonnes from 4,025,000. According to the latest estimates from the International Rubber Study Group,
      AFP  -  254 words
    • 83 14 Reuter JAPAN will not reduce import tariffs on timber before 1988 regardless of US wishes. A Japanese forestry agency official said the decision was made because of the depressed state of Japan's industry and "was made by Japan's highest decision-making authority, including Cabinet members
      Reuter  -  83 words
    • 231 14 SINGAPORE The market closed slightly lower yesterday with June One RSS buyers quoted at 168.00 cents per kg, down 0.50 cents from Tuesday. The morning session lost 0.50 cents on some long liquidation in quiet trading. Prices were little changed from lunch-time levels in dull afternoon trading. MALAYSIA The
      231 words
    • 282 14 RAS prices in S caottAg. FOB b ales NOON CLOSE lu)in S||m Bwynrs Int 1 RSS Prompt 169.25 170.25N 168 75 169.75N lot 1 RSS June 85 168 25 168 75 168 00 168.50 Int 1 RSS Juty 85 170 00 170 50 169.75 170 25 Int
      282 words
    • 96 14 (cwtt/k*. 1-«* jy NE 05 JULY 85 (currwi it month) (forword month) NOON NOON RAS l U p <rt ScMors Bwyars f -M Jtwtn SSR 20 166.00 168.00N 168.00 170.00N SSR 50 164.00 166 00N 166 00 *****N MRELB kyirt tuyr, Siim SMR CV ***** 212.00N 212
      96 words
    • 143 14 MALAYSIAN crude palm oil prices recovered to close higher yesterday, correcting Tuesday's sharp decline and reflecting shortcovering in anticipation of India's weekly tender. Trading was moderate. In May, south recovered Ms3s to $1,325 per tonne and central $20 to $1,310. In June, south rose $20 to $1,300. The
      143 words
    • 124 14 SOYBEAN futures on the Chicago Board of Trade reversed a late negative trend to close US cent a bushel lower to three cents higher in thin trade on Tuesday. May ended down >/« at $5.84 Vi. Prices dropped after midday on spillover weakness from wheat and soyoil pits. But
      124 words
    • 129 14 WHEAT FUTURES on the Chicago Board of Trade plunged after mid-session in thin, choppy trade to close SV« to 2V« cents a bushel lower on Tuesday. Spot May fell $SV« to $3.42'/« a bushel. Ferguson, Heinold and CIS sold July late. Corn futures closed mixed in light trade, with
      129 words
    • 105 14 CONTINUING heavy uppert by the btffer sleek maaager helped the KLTM price rise —ether 31 cents to Ml». 12 per kg yesterday. The eew price u three eeats hetow the ITA fleer-level. The efferlag totalled 11» teaaes, dewa (rem 1M on Taesday, with the heffer stock maaager taking
      105 words
    • 158 14 Yarn (In HK$ par bote of 400 Ik) China corded yarn. cones Blue Phoenix 16's 2,550 Blue Phoenix 20's 2,700 Blu« Phoenix 32's 3,150 Blue Phoenix 40** 3,550 Girded yarn, hank Bkie Phoenix 21 2,900 Combed yarn, cones Btue Phoenix 32's 4,250 Blue Phoenix 4Cs 4,400 Open-end yarn 2,400
      158 words
    • 858 14 COFFEE Robusta futures declined from easier midday levels in the afternoon on Tuesday as sterling rose to the highs against the dollar, to end with losses of £39 to £13 and around session lows. July finished at £2,106, down £33. Steadiness in dollar terms reflected mixed arbitrage buying
      858 words
    • 152 14 Chineee Produce Exchange (SeMers' noon down* pricM on May IS SS/100 kg) Coconut oil Bufc FOB 135 00 Otd drum FOB 148 00 New drum FOB 152.00 Robusto 20/25% FOB NSW Nutmeg 110 FOB NSW EAW FOB NSW Gombier FOB NSW 477 50 t A 405 00 256
      152 words
    • 267 14 Singapore C-l Ord unq (S$/kil«, ei-godown) Loonzain Rice Frog root new crop Ut OflA 100% 1st grode 100% 2nd grode 2nd 064 100% 3rd grode unq 3rd 060 Parboiled Rice New Crop no stock 5% 227 25% 10% 222 10% no stock Thoi Broken Moize unq A-vjp«r Speciol oo
      267 words
  • Page 14 Advertisements
    • 458 14 CANADA NETHERLANDS W GERMANY l|| HONG KONG SINGAPORE AUSTRALIA NEW ZEALAND Nat West: a major world bank "Hie strength and stability of the National Westminster Bank Group are considerable by any standards* Lord Boardman, Chairman, National Westminster Bank Group A In 1984, National Westminster Bank made record profits and strengthened
      458 words

  • SHARE INFORMATION
    • 4147 15 SHARE PRICES continued to advance for the sixth consecutive session yesterday. Gains were made across the board, giving the Straits Times Industrial Index its best increase in two-and-a-half months. The BT Composite Index was up by 7.34 points to 729.56. The Straits Times Industrial
      4,147 words
    • 225 15 SINGAPORE Rtaaa Indices A N 10M 276 35 x rrc.iap.nt. *T ludicaur *****75 *****05 rrot/os +2v ST htortn* *04.34 »U.g ST Fnaaca 2333 02 2339 60 STHatak *33 3* *37.31 ST Prapartm 467 77 471.24 TT" i 315.23 315.26 STPtaatatw. 2453 41 2454 51 OC«C 624.10 629.40
      225 words
    • 3088 15 BID and offer prices officially listed and business in and reported to the Stock Exchange 0 f Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word
      3,088 words

  • COMPANY NEWS
    • 714 16 mmsa FOUR-DIGIT betting company Magnum Corp is currently everybody's favourite, including most stockbroking houses in town. Kay Hian is the latest to recommend a buy on Magnum, describing it as fundamentally sound with good earnings prospects. Kay Hian, in its latest first quarter review,
      714 words
    • 1500 16 Current Davmtfit Ex date Books doM Date poyobta Total for Hie yeer Total for lest yeor A Enterprises Acmo Ajinomoto Ambossodor Amol Steel Amcol Asiatic Dev BAT B Ray a Bata Bolton Boustoad c c C 1 Holdings C K Tong C Properties Cold More C Properties D
      1,500 words
    • 142 16 MALAYAN BANKING Bhd has adopted a new corporate logo which is a stylised version of its familiar tiger bead symbol. The new logo is designed by 3D/International Consultants, a US-based design agency. Maybank said the designers, in conceiving the logo, had considered that a frontal view of
      142 words
    • 570 16 CONSTRUCTION-BASED Lee Kim Tah Holdings Ltd, which went public last year, is looking for opportunities to buy vacant land for housing development, says chairman Mr Lee Kim Tah in the company's latest annual report. With the lull in the property market, the
      570 words
    • 394 16 SOME LATE buying interest helped share prices close steadier across the board at the Kuala Lumpur stock market yesterday. Trading was more active as buyers emerged in force in the afternoon session. Turnover rose substantially to 8.31 million units valued at MH7.94 million from
      394 words
    • 2154 16 BID and offer price» officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares tradfcd shown In brackets In lots of 1,000 units unless otherwise specified. IOUSTKMLS Ajwometo (3.006 3.305) xd A Choc (2.12S 2.225X1) 2.10
      2,154 words
    • 88 16 Reuter HONGKONG Industrial and Commercial Bank (HICB) has appointed Schroders Asia Ltd as financial advisers for the general offer from Hong Leong A Co Ltd. Hong Leong is proposing a share swap of 2.9 Hong Leong shares for one HICB share, valuing the bank at HK5414.1 million
      Reuter  -  88 words
    • 92 16 HONGKONG Tuesday 1249.1" Week ogo 1233.1 Hong Seng Index Wedr>es<£)y 1612.61 Tuesday 1615.00 NEW YORK Week ago *****5 Dow Jones Tuesday 1273.30 TOKYO Monday 1277.50 Week ogo 1252 76 Tokyo Dow Jones Wednesday *****.03 Tuesday *****.20 Week ago *****.20 Stondord Poors Tuesday 183.87 Monday 184.61 TSE Index Week
      92 words
    • 200 16 Manogen' pricM for May 16 Singapore Unit Trust ThtCommwci 197*2.09 The Saving* Fund 1.47 1 -56 S'por* Prog Fund 0.86 0.91 S'pore Sec Fund 1.27 1.35 S'pore Invest Fund 0.92 0.97 S'por* Equity Fund 0.88' 0.93 Third Bputro Fourth B'putro Fifth B'putro Sixth B putro Seventh B'putro (A)
      200 words
    • 47 16 Com pony BONUS ISSUE Grand Central Thr««-for-two Ex-dote May 14 Book Close: May 21 Selongor Dredg Five-for-two Sub-divajon of $1 par into two shares of 50 cents each Ex-date: May 14 Books close: May 24 Yoohan 0 3-for-one Ex-date: May 15 Books dose: May 20
      47 words
    • 128 16 Company RIGHTS ISSUE Dah Yung One-for-one $1 00 per ihart (Bonus entitled to rights) Gando Hldgs One-tor-four SI .00 per share George Town Two-tor-one $1.00 per shore KiJfcnghaW Two-for-ftve $1.15 per shore Landmarks HkJgs One-tor-tour $1.00 per share O U B One-tor-tive $2.50 per share Peak Hua Three-tor-two
      128 words
    • 759 17 mm.** By HOCK LOCK SIEW DISGRUNTLED brokers frequently like to accuse fast-mov-ing companies which expand by issuing new shares of depressing the market. The routine is familiar. Just as a company's share price builds up enough steam to move ahead, the group
      By HOCK LOCK SIEW  -  759 words
    • 909 17 STOCKS closed firm after a quiet session's trading helped by a batch of favourable company results. At 2pm, the FT 30 Index rose 7.2 points to 1,019.5 and the FTSEIOO Share Index rose 14.5 points to a record high of 1,341.0. Commercial Union closed at 231, up a
      909 words
    • 44 17 MULTI-PURPOSE Hsld--I>P BM Group pre-tax profits fell to M 540.9 million ($47.9 million) for the year ended Dec 31, 1984 in spite of a higher turnover of 1640.4 million, up 25.6 per cent. After-tax profit fell sharply to $2.3 million ($21.1 million).
      44 words
    • 65 17 TEMERLOH Bibber EiUtM Bhd has requested a suspension in the trading of its shares. SHAREHOLDERS of TDM Bhd approved the company's proposed acquisition of Mengkuang Estate for M$9.5 million cash and Saiyo Sdn Bhd for M$2.5 million cash at an EGM yesterday. PAYMENT date of Halted Industrial CerperaUm
      65 words
    • 596 17  -  Plan to develop Repulse Bay site By AMY CHEOK IN THEIR first property venture in Hongkong together, Mr Ng Teng Fong and the Kwek family of the Hong Leong group are planning to invest HK$2OO million to develop a site in the prestigious
      596 words
    • 368 17  -  By LORETTA McLAUGHLAN FAST GROWING Sunshine Australia, the company run by Malaysian businessman Lee Ming Tee, is in the final stages of negotiations to acquire a Hongkong property company. A Sunshine spokesman said that a financial adviser had been appointed in Hongkong
      368 words
    • 547 17  -  By CHAN Ol CHEE SHAREHOLDERS of International Trust A Finance have found themselves without a dividend for last year, and very little in the way of explanation for a sudden crash in the group's profit. For the first time since ITF was listed on the stock
      547 words
    • 184 17 A DAY BEFORE it was due for re-ap-pointment, local public accounting firm Goh Tan A Co has decided to withdraw as external auditor of Isetan (S) Ltd. Isetan said the company was formally notified of Goh Tan's intentions to retire through a letter dated
      184 words
    • 370 17 LAST FULL YEAR Period Dote onnounced last rear Yeoc Net EPS Gross Net profit (V000) Compony end.* (cents) Pohang Inv Final Jan 31 Dec 84 9.352L SPK-Sentosa Final Mar 1 Dec 84 2,7684. K L Industries Peak Huo Fnol Mar 16 Oct 84 3 2 1 5 2,878
      370 words

  • Page 17 Advertisements
    • 62 17 Hie Republic of Costa Rica U. 5.#20.000,000 Floating Rata Notos due 18th November, 1985 In accordance with the provisions of the Notes, notice is hereby given that for the six month Interest Period from 16th May, 1985 to 18th November, 1985, the Notes will carry an Interest Rate of 9!4%
      62 words
    • 18 17 cm COCKTAILS '85 America's New Drinking Habits Fun The Ice The Worlds No.l Newsmagazine Read TIME and understand.
      18 words

  • YESTERDAY IN PARLIAMNT
    • 729 18 OPPOSITION parties could not expect help from the government when they harboured an ambition to topple it, said First Deputy Prime Minister Goh Chok Tong yesterday. He said that a fundamental fact of parliamentary democracy was that political parties were adversaries fighting
      729 words
    • 64 18 NON-PROFIT making and charity organisations may not have to pay development charges when they put up buildings and facilities for public and social purposes. National Development Minis- ter Teh Cheang Wan, in a reply to Mr S Vasoo (Bo Wen), said such organisations could apply
      64 words
    • 287 18 A PROPOSED new taxi fare structure, which has approval of all the six taxi companies, has been Submitted to the Minister for Communications and Information. The new fares are a compromise between those implemented on April 1 and the subsequent discounted rates now in
      287 words
    • 39 18 Reuter TWENTY-FOUR Latin American nations yesterday called on the US to lift its trade embargo on Nicaragua and pledged economic help for Managua. They condemned the US move as a violation of international behaviour.
      Reuter  -  39 words
    • 342 18 AFP CHINA yesterday capped two days of high-level economic talks with the United States by renewing its complaint that Washington was restricting Chinese imparts. Chinese foreign trade ministry spokesman Huang Wenjun said this after the departure of US Commerce Secretary Malcolm
      AFP  -  342 words
    • 178 18 Reuter CHINESE Vice-Premier Li Peng left yesterday for East Germany, Poland and Hungary on the highest ranking visit by a Chinese leader to Eastern Europe for more than 20 years. The trip is part of China's moves to improve links with the Soviet Union
      Reuter  -  178 words
    • 243 18 Reuter A FORMER Indonesian minister was sentenced yesterday to 19 years in jail on charges of helping to launch bomb attacks which killed two people in Jakarta Last October. Mohammad Sanusi, Industry Minister from 1966 to 1968 and prominent Muslim leader, was found guilty
      Reuter  -  243 words
    • 196 18 ABOUT 5,000 people were in detention, as of May 1, for subversion, secret society and criminal activities, drug trafficking and misuse of drugs and overstay' ing. Only one was detained under the Internal Security Act. In a written reply to Mr J
      196 words
    • 108 18 A PLANNING COMMITTEE is being set up to draw up the master plan to update the Woodbridge Hospital, said Minister of State (Health) Yeo Cheow Tong. As set out in the National Health Plan, the new hospital is likely to be a "new, compact and multi-storeyed hospital complex
      108 words
    • 489 18  -  By ANNA TEO AN EXHIBITION on fitness, nutrition and health, billed as South-east Asia's "most energetic", was not fit enough to be staged. Fitness, Nutrition and Sports '85, a four-day exhibition that was to have started today at the World Trade Centre,
      489 words
    • 69 18 Reuter THE New York stock market turned mixed in early trading yesterday as investors weighed new economic reports. The Dow Jones Industrial Average was up more than one point to 1275. Declines led advances by a six-five margin on turnover of 9.06 million shares. Before the market
      Reuter  -  69 words
    • LATE FILE
      • 42 18 Reuter WEEPING relatives crowded Anuradhapura's mortuary in Sri Lanka yesterday to try to identify dozens of bodies piled up there after Tuesday's raid by Tamil guerillas. A government spokesman said at least 145 civilians were killed. Reuter
        Reuter  -  42 words
      • 42 18 Reuter SOUTH AFRICAN police fired teargas to disperse crowds and cars and homes were set alight as fresh rioting flared up in a number of black townships overnight. Police in Pretoria said there were no deaths. Reuter
        Reuter  -  42 words
      • 70 18 AP INDIA'S intelligence officials, put on the alert by weekend bombings that have killed 85 people so far and a foiled assassination plot, expect new attacks by Sikh terrorists next month on the anniversary of the army assault on the Golden Temple. The Hindustan Times quoted
        AP  -  70 words
      • 37 18 AP PALESTINE Liberation Organisation leader Yasser Arafat is ready to accept a UN resolution recognising Israel's right to exist if the US endorses the right aI Palestinian "self-determination," the Washington Post reported yesterday. AP
        AP  -  37 words
      • 61 18 AFP JAPANESE Prime Minister Yasuhiro Nakasone yesterday called for an early summit meeting between US President Reagan and Soviet leader Mikhail Gorbachev. The appeal was made in his meeting with visiting Soviet Vice-Premier Alexei Antonov, who paid a courtesy call on the Prime Minister who
        AFP  -  61 words
  • Page 18 Advertisements
    • 42 18 BELOW S3 50 PSF BRAND NEW OFFICE PREMISES With 100% wool carpets, window blinds, wall paper, under-floor phone/ electrical trunking, private pantry/ toilets and generous rent-free fitting out periods' 'Riibinson (ditn 112 ROBINSON ROAD CALL J SCSI PROPERTIES S PORE PTE LTD
      42 words
    • 241 18 developing something people throw away. 40? i 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
      241 words
  • Page 18 Miscellaneous
    • 58 18 vmfsm Outlook for today: Showers over several areas in the lot* morning and early afternoon. Report for 24 hours prior to 7 30pm on May 15 at the airport: Maximum temperature 31.2 Associated humidity 71 Minimum temperature 25.7 Associated humidity 93 Hours of sunshine 2.00 RomfoK in millimetres trace Roinfoll
      58 words

  • SHIPPING TIMES
    • PORTSIDES
      • 82 19 Reuter MAERSK LINE (HK) Ltd, a subsidiary and agent for the Maersk Shipping Line, said it has acquired a 50 per cent stake in the local air freight forwarder Concord Express Group. It did not disclose the cost. Maersk Line will expand operations into air transportation using
        Reuter  -  82 words
      • 96 19 DARWIN shipowner V B Perkins, who for many years has operated a powered barge service to parwin, the Frances Bay, is looking for a small conventional ship for the trade. Maritime unions are solidly backing the move in the hope that it could end the Rooney
        96 words
    • 495 19  -  Newcomer plans to capture 25pc of market By JUNE LIM COMPETITION IN the sale of marine paints will intensify when Epiglass (S) Pte Ltd begins its production this week. The newcomer in the local marine coatings market has ambitions to capture 25 per cent of
      495 words
    • 173 19 THE MASSIVE extension of the Kwai Chung Container Port in Hongkong is slowly taking shape. The project contractor, Hongkong International Terminals Limited (HIT), has taken delivery of two cranes over the last week. The two 670-ton cranes were built by Hitachi Ltd
      173 words
    • 185 20 Reuter THE BROKEN Hill Pty Company (BHP) said it will begin produc-. tion from the Jabiru oil field in the Timor Sea by mid-July 1986. The decision followed agreement in principle by the Australian government and approval from the seven Jabiru partners, BHP said in a statement.
      Reuter  -  185 words
    • 430 20 AFP FRANCE'S CELEBRATED underwater explorer Jacques Cousteau, 74, sailed from La Rochelle on May 13 on a round-the-world voyage in his revolutionary partially wind-powered vessel Alcyone to press home his project to save fuel for merchant shipping. He will return to France in 1988, after a
      AFP  -  430 words
    • 635 20 Mmo V) 3 Indogult V 5 Perkm V 2 1/2 ANL 1 1 Inter ovo VI 1 Ph*PP«ne r» i ITWTTOn V APC Line V 4 tntroseo VI 5 IX 2 APL 4 Iroqi Une/CNAN IV 4 PL Group V •p ASCL 1 Iran Shpg IV 5
      635 words
    • 1862 20 MODERATELY active chartering included more grain fixtures on Tuesday on the London shipping freights market. But the US Gulf-Rot terdam rate dropped further to US$lO.2O (fio), a price accepted however by the Tenoch for a 52,000-ton ear-ly-June cargo on Krohn account. Otherwise, the grain accent was on Argentina.
      1,862 words
    • 176 21 AFP THE COUNCIL OF Lloyd's, in a first step towards establishing an effective system of regulation for Lloyd's insurance brokers, announced that it had approved the preparation of a consultative document as a basis for formal rules. The announcement came the day after members of five
      AFP  -  176 words
    • 319 21 Seatrade Week A SIXTH OF the Danish merchant fleet, about 100 vessels, is up for sale, according to a report from the Danish Shipowners Association. A shipowners' association delegation reporting to the economic committee of the Danish parliament, the Folketing,
      Seatrade Week  -  319 words
    • 473 21 Fairplay WITH THE PRINCIPAL French shipyards now divided into two groups, and orders for ocean going ships few and far between, there is likely to be further rationalisation in an industry that has been already greatly reduced in size. Local political ramifications
      Fairplay  -  473 words
    • 225 21 THE FEDERATION of American-Controlled Shipping (FACS) is opening its membership for the first time to non-American owners and time charterers. Previously, the association was restricted to American-controlled owners and bareboat charterers flying the Liberian, Panamanian, Honduran and Bahamian flags. These are the four flags
      225 words
    • 188 21 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
      188 words
    • 5405 26 aaaaaMfl A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      5,405 words
    • 686 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Osaka B 65/431 16.585 2300 Mansfield F2 0800-0930/0930-1100 Gl/Jl Ratu Konsort 169N 16.5.85 2300 S'pore Shpg F2 1000-1100 N1 Petopor 135A 17.5.85 0200 Boustead F7 0700-0800/1300-1400 L3 N Cement
      686 words
    • 1585 27 Who acts for whom The leading shipping lines operating from local ports and their agents. A—• A Top Enterprises Pte Ltd Some (S). AB Shipping Bousteod Shpg Agencies Afea Line African Shpg Agencies (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). American President Lines APL (S)/Boustead
      1,585 words
    • 430 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Gotong Royong K19 Sharp alongside 16.5.85/0500 G Selatan 5 K20 Ocean Intl alongside 16.5.85/1000 Straits Star K24E SSPL alongside 16.5.85/0600 Fukuzaki M K27 Sharp alongside 16.5.85/0600 G Mercury K29 Leo alongside 16.5.85/2300 Silver Shinko K34 Sunship alongside
      430 words
    • 375 28 May 13-17 17th biennial conference annd assembly of the International Cargo Handling Coordination Association, Hilton Hotel, Rotterdam. May 11-11 Marine issues 1985, American Institute of Marine Underwriters seminar, Vista Hotel, New York City. May II Design of waterways for safe manoeuvring, Royal Institution of Naval Architects (London branch),
      375 words
  • Page 19 Advertisements
    • 365 19 HEUNG-A SHIPPING V/y imniWi Regular Liner Semi-Container Service "to: P. Ketanf/Penani Busan/Inchon Fm: Busan/Moji S'pore Af«nt: Neptune Aftndes Me Ltd Tel: *****77 PJC. 3695 M, PH 3§7375 K.L. *****0 mm FRANCE'S CELEBRATED underwater explorer Jacques Cousteau, 74, sailed from La Rochelle on May 13 on a round-the-world voyage. Page II
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    • 245 19 j* UNITED ARAB SHIPPING CO (SAG) I I W Sf Al OPD SHIPPING AGFNCIES ro Shinloo 04 0?C Minna Houi" Singapore OVO' T»l *****94 r »i» HS.'SJi CFSoH.c«.TPC 03 30 T,i 2?J3?31 «nd ?i>2OR3? offic# TPC 03 79 T«l No ?77?«90 *****93 mnONU. IK Of BNHNH. KAQ, KURMT. QATAR, SAM
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    • 685 19 Fo reign Dealing I MAERSK LINE EXPORT TO OS*. EUROPE I'M I I'-V II It (It'll \I'AN I I« V T AFRICA ASIA IN: amii I n\ 21/5 I/O 9/4 a/5 15/1 21/1 4/1 22/4 23/ C 11/4 29/S a/4 lt/( 4/7 7/7 2S/4 13/7 M/ 7 •smgapok aosK tics
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  • Page 20 Advertisements
    • 677 20 NOTICE ANNOUNCEMENT CARfiO SHARING SYSTEM OF THE PEOPLE'S REPUBLIC OF CONGO Shippers are hereby informed that, in accordance with the regulations of the People's Republic of Congo, in force viz.: Dmcr— No. 85/045 of 22nd January, 1965 and aaaociata laws and ordinancaa tharaof, all shipments to the People's Republic of
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    • 122 20 i ii Supercarrier Service i —ntn MM *7/5. MKI TORSKK 7/4 MM* ICMS 17/1 ANAMA US ATLANTIC US GULF E. CANADA EE BE 17/1 2t/« */4 1/7 7/7 It/7 IV7 21/7 J mk MiCmMlnMpkfMii ■m ten, CMtrm. witan, MM A Ma, I MT«m -takUwhilHMiMiMi InHliMiMlHnMi To NCW ZEALAND From NEW
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  • Page 21 Advertisements
    • 777 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited VI STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok i ~ONTAINERSHIP SERVICE TO UK CONTINENT v««unuT OSMU MY V- Also Accepting Corgo For 00/1 10/® 17/1 19/1 n/t h/* tin m/ 7 01/7 10/7 11/7 21/7
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    • 443 21 JACC Staplers: Ml types of recondtioned general purpose marine containers/ refrigerated containers MMfactarart: Fabrication of contamers according to specifications and requirements Other Services: Leasing, wharehousmg/storage; repairs and mamtenance of containers I 'iv. JL; I 3 CHARGFURS HAVRAISF MtDt X I INF AL ti* I 'Iv.-C (MED CLUB MEMBER I. I
      443 words

  • Page 22 Advertisements
    • 769 22 Hapag-Lloyd TO CONTINENT/UK On camafß to Scandnavia, Med, Carribean IS. America Hand Kaub(t to Wand destinations in Europe S-pM Plata* PaM*Laaa«Oßkaa Sanaa Mm Bu»w Anh 17/5 17/5 19/5 12/» 19/6 Connact**» Kote Connect** in lUoslwmf ConnactM* m Tokyo "Mm iccxXmt c*fo lor ATUNTC t GULF PORTS n* mmtrndtnt* and US
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    • 276 22 Il\ AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88. TELEX: RS ***** BOOKING: *****56 (OIRECT LINE) SINGAPORE TO PENANQ CONTAINER FEEDER SERVICE KOK TWICE A WEEK Spore It May 22 May 25 May 29 May 5 km t km 12 )ui Bangkok 21 May 25 May 2f
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    • 635 22 r o EVERGREEN Full ConlJint" Strjicp Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) uwocr/no of to no ana ma rami v» no sums iy« «M*sia/EW> raws u/l no eoua f*l SMBOI also icarmt camo to i) HKMHMct mmm, savammh. mstoh pmamlpma. mrau. jacuommu. nc atumta, cmcmo. onaon. columus i ona wua KKMB
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    • 147 22 tISINOSE MARITIME PTE LTD Kjri ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE TO PAPUA NEW GUIKKA/ SOOTH PACIFIC SUN UNION LINE TrrrrTrru^ taiyo marine link WEST AUSTRALIA SERVICE v» PAM*TI EMPAT MS PT KEUK 18/t P.HEOLMD rMMTU 14/6 u/e EUROPE SERVICE i«B Fat 22/S MTIBMI n JIU\R 1 I
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  • Page 23 Advertisements
    • 620 23 PACIFIC INTERNATIONAL LINES PiL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 v\v EAST AFRICA/REDSEA SERVICES VOYAGE HOMOKOMO SINGAPORE LOADING FOR: E-SSS 15-IS/S 20-24/5 ADEM.HOOtffi/ E-557 31-1/S 5-10/S HOOEIOAH.JEC I-9M 2S-29/5 3-4/ i TAMATAVE. D' E-571 44/1 10-15/* DJIBOUTI, HOC AD£M,HOOeBAH,J€DOAM,PTSUOA#CAQABA r I#OGAD4SCIO,HO*IRASA.BEIRA DJIBOUTI, HOOEIOAH, JEDDAH, PORT SUDAN. AOAOA
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    • 487 23 BENLINE CONTAINERS (KJJEBSEN LINE NEW ZEALAND n»TO BAT/ ELK IB Lat taw tad/Ta* fepa fnani M* 17/1 17/1 21/1 24/1 24/1 3VI 17/1 24/1 34/4 J/7 V 7 14/7 11/7 21/7 27/7 38/7 11/7 RMMI. KWM. MAOANG HONARA SANTO HA LM M INI PRfiO PR6O. NUKUMOFt VM NOUMEA ikcmtnt fa
      487 words
    • 546 23 DJAKARTA LLOYD INDONESIAN NATIONAt LINT BUSAN rOKONMM MAJAPAMT m m 7/5 11/5 GONI 17* m 23/5 N/5 STW MAO MMMy IK tuTMuur v im u. bontane »sm HUUtfi AHTVW 3-5/4 30/4 V 7 4/7 1/7 7/7 11/7 14/4 111/7 17/7 11/7 20/7 11/7 22/7 STOK HMO A"MM/rDM OMAMC ma 54/7
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    • 511 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loadnf for Ranfoon Spore P.Kai»t P« lnPt/16 May SU 11/20 May 15/17 May Phadiwtfyawywa V254W 20/22 May Ptaya 24/25 May Pa-an VS4N 3/5 Jum Phashwefyawywa V255N 7/9 Juw BANK LINE SPORE R'DAM HULL HMBG TAUSALA SAMOA 31 May 26 Jun 3
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  • Page 24 Advertisements
    • 862 24 faii LINE S2. KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE feeder vsi Mono vsi spok prig png spore kok owt»quimu*o aaica OW afasasta s-antomo vaiparabo ASIA STM VX TBN VSI 22 May 23 Ml? May 27 May 10 kx »Jul 2 Am «ta| 7** I,fc S po»e Agents KAWASAKI SINGAPORE (PTE) LTD.
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    • 506 24 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAMER/REEFER/BULK SERVICE loadint lor lOS ANGELES SAN FRANCISCO SEATTLE. IACOMA VANCOUVER BC Accepting FCI/FCI Containers P Ktlanf injjpofe I Anfetn lAAATTICU" 21/24 Mar 28 km AUSTRALIA EXPRESS CONTAMER SERVICE Accepting FCI/FCI Containers PK riant Spare RAWAS 27/28 May UHROAS 19/20 hw RAVOAS 25/26 ton* 27/21
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    • 299 24 SANKD ASIA 'MOM JAPAN*S€ POUTS AND HOHOKOPKS m GOLDEN LINE GUAN GUAN SWMNG (PTE) LTD ln« la* M M*l Cad Sfcoot aNNK IIM TEL: »I»7* (II IMS) Tot Kate Lmp> ***** p. Mmi ami Pm> XMIt Pm Gteo* AfO*C 0«T LLOYD (M) SM Nf> TU M 37« STRAITS/PERSIAN GULF SERVICE:
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    • 391 24 IMTRASEA (PTE) LTD. UJ 10 Anson Road »2? 16 Internet.on a 1 Pa/a Sm 0?0/ Te: ??4bSn iMt '!»">• nrj T J J "D t BREAKBULK SERVICE TO EUROPE/UK PTIASt* (fit) LTI KXWK 22*411 ■TANK 9VPWE CO M M 7*711 ■m P.T PERUSAHAAN PELAYARAN KALIMANTAN DRECT MEEKLY SERVICE TO JAKARTA
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  • Page 25 Advertisements
    • 549 25 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE >*»>me»ci c-ww■ TO EUROPE/UK (VIA SUEZ): SS BMDGE 50W+-. C PMJL 44W... TV BMDGE 25* C CONTMO 30W... K CHANCE 221 V HK CONTAINER 45W. Also accepting cargo to/from Scandinavia +SS BRIDGE S'pore Closing Times: FCL Cargo 2359 21/5 LCL Cargo 1200 21/5 TO AND
      549 words
    • 526 25 S P>*t *'4 S Nf PTIINI Af.INf.KS Pit I ID Irl ?'***** RonAmjsl ???;•> 10 7?\?0?? <Op«iti«K» ??09?«4 (Wrmmjll .'.'O.MSO ??0. 7 504 ICISi Mti It > N". IIINAS Sill* SON BHD HI Irt 414)90 414.'4-' PK I*l tB9St>4 PIN Ifl H>/m «>/4?N f V'V "WW FULLY CONTAINERISED SERVICE TO
      526 words
    • 574 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS 213*0 RS ***** RS 2510S P KELAMG PENANG M/S SHAJWAT NAH SOON SDK BHD IST ANO ?ND FLOOR MESSRS HM THONG SMPPMG 23 WMd
      574 words
    • 0 25 .?+_"^,>+|]}|$!<+_\^?`<@&^].&>>
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  • Page 26 Advertisements
    • 443 26 Itc<|i»iial Container Linos 'gZOSZZZ'i] 4 Sailings weekly [TOPI Fast Reliable Regular Punctual Berthing PSA Tue, Thur. Sat Sun HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER, I I.IK l 111 U N I IF*I" \KKIKK S'pari Loadnf far MOUNT OMTOS 20/22 May Saialah SR-LIIMES VEB DEUTFRACHT/SEEREEDEREI ROSTOCfc FORTNGHTLY FULL CONTAINER
      443 words
  • Page 26 Miscellaneous
    • 142 26 n ft 1 k •vi ft:* in m < K. v r, *0 v.: rx ll m SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORMNOL LHMDt R Thunderstorm Temperature *C Showw Weather Wind direction with speed in knots Rata Wave height Cloudy Sky •c cr'" Wind direction with
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  • Page 27 Advertisements
    • 50 27 MK MEMOES mniimm tawx* m i EAST/EUROPE CONTAINFR SERVICF yi, ■mmi irraiTirwrMMM: EiEßnaoiiiai Ll MIZMSZJ •i'.l 1. xfcza I L .1 meg EHEH3IEZI HE Em EH CD EDIOMEZI umEg "TIPTI STRAITS/TAIWAN/JAPAN CONTAINER SERVICE SEA /AUSTRALIA CONTAINER SERVICF IT 1. I PENINSULARSABAH/SARAWAK/ BRUNEI SERVICES lh CH mmuim LZ rr~ r i
      50 words
    • 64 27 COIIIMBUS I INF REEDIRFI GMRH MM 1 CONIAINfR r .!R, f Hill I "fl!If PpSM MSMP N VM'F'PIN' s l PHILITRON FORWARDING PTE LTD ks ry Lu. rx n» rrai i*/s 1 'I REGULAR FAR EAST SERVICE TO ANGOLA PORTS VS. EASTBM urm LOW Fat BOMMY/LMMM/lOMTO/ SOTO/CMMM IS C«cl Slrttt
      64 words
    • 247 27 LiCQRNfi i* zsL'EizczzirLlZJ f:i v:: f i K/V NMftOVC VSLSS M/V CSM VELAT VSLSS M/V CGM VM 3/1 7/1 17/1 21/t 13/7 17/7 13/fi 19/6 31/« 2/7 27/7 21/7 Scan Dutch V To Europe (Med UK/NC Scan) H■ II IK.l'.jai r "vv :W* MXEPTMC/SMLMG To Red Sea Mediterranean mBVI 1
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  • Page 28 Advertisements
    • 295 28 PniUftr{.pmfk M Oil hMHni WMif Mitsui OS K Lines Ltd ft CONVENTIONAL/SEMI-CONTAINER NEDLLOYD MOJI AFRICA MARU EVERDAWN ALTAI MARU 24 May Port, Louis. Reunion 4 Jun Mombasa, Dareaaaleam. Tanga 14 Jun Mombasa. Dareaaaleam K WEST AFRICA CONTINENTAL PARTNERS HIMALAYA MARU 18 May Abidjan. Monrovia, Loms. Apapa. Douala. Tama 16 Jun
      295 words