The Business Times, 5 August 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, AUGUST 5, 1985 60 CENTS
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  • 530 1  -  By AMY BALAN PUBLIC ACCOUNTANTS will be sought again by the Monetary Authority of Singapore this time to help it keep a closer watch over the insurance industry. BT understands that discussions with representatives of the various insurance bodies and the
    530 words
  • 523 1  -  Singaporeans being put to the test, says Chok Tong By FOO CHOY PENG SINGAPOREANS MAY HAVE to forgo wage increases for two or three years K the economy does not improve, First Deputy Prime Minister Goh Chok Tong warned last Thursday. "We have
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  • 203 1 AFP WORLD TRADE SHOWED an upturn last year after three years of decline, thanks to a global growth of 6.1 per cent in exports and 6.5 per cent in imports over 1983, an annual report by the International Monetary Fund yesterday. According to IMF analysts,
    AFP  -  203 words
  • 379 1  -  By CHUANG PECK MING MENTION FRANCHISING and fast-food will come instantly to mind. Few consider franchising in such promising areas as motor transport repairing, restaurant (excluding hamburger restaurants), home furnishing supplies, apparel and accessories retailing, hairdressing and beauty treatment, and provision and
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  • 128 1 Reuter THE NORTHERN Chinese city of Shenyang has threatened three companies with bankruptcy in what is believed to be the first such case since the communist state was set tip in 1949. The New China News Agency said yesterday that in the past, enterprises in
    Reuter  -  128 words
  • Page 1 Advertisements
    • 170 1 Call Wayfoong at 737-7977 for a fast decision on your loan Waytoong Mortgage and Finance (S) Lid A *no#> owned suWOiary o» Hongkong Bank 6 Claymore H« *03-00 Claymore Plan. Singapore 0922 A.P No. 0046 Selco steering a steady course THE MARINE orm of Pan-Electric Industries, Selco, is determined to
      170 words
    • 394 1 Wolfgang Mika tha concart ghran last Friday by lha Singapora Symphony Orchaatra and tha Vianna Opara Group. Not only waa it a concart davotad to dallghtfui' Viannaaa music, it waa ona which faaturad an axcallant caat of Viannaaa artiataa. Throughout tha avaning, tha 880 playad with conaidarabla aplomb. Page 9
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    • 61 1 Of votM and invMtm*nt, Back Pag* TAKE IT FOR GRANTED s. JAL's DAILY NON-STOP 747JUM80 A, TOTOKYO Daily departures 10.35 pm. It Arrive Tokyo 6.10 a.m. Easy connections with over 60 flights a week to 7 major U.S. cities and Vancouver. Advance Seat Selection Service on jal First and Executive
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    • 152 1 ComputerAsiaBs 14-17 August World Trade Centre Singapore Exhit t >n ce- Ltd Toi *****47 Telex P;- 3597 S'NGEX Business Times free clipping service lor readers Free copies of these exclusive stories in last week's Business Times are now available. 1. Oil terminals turn cautious 2. Many local companies keen to
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  • MANAGEMENT
    • 1908 2  -  Anxiety among staff running MBA courses By MICHAEL DIXON FT WHAT PRICE business schools, and who should pay for them? The question is causing anxiety among the 900 academic staff of Britain's 27 colleges and university departments running full-time courses for Masters degrees in
      FT  -  1,908 words
    • 1157 2  -  By KEITH WHEATLEY AS THE BIGGEST EVER nautical carnival heaves into view in Western Australia, a multi-mil-lion pound wheeling and dealing extravaganza is developing in its wake. The event is the America's Cup and the venue is Perth. Between now and February 1967, when
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    • FRONTIERS
      • 294 3  -  Compiled by LEE HAN SHIH AN ARTIFICIAL blood purifier for chronic kidney patients has been developed for the first time in Korea by a research team of the Korea Advanced institute of Science and Technology (KAIST), the Korea News Review reported. The "artificial kidney dialyser", indispensable to
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      • 107 3 THE AVERAGE life expectancy of a Frenchman is more than eight years shorter than a Frenchwoman, who can reasonably expect to live to a ripe old age of more than 79 years, according to the latest findings by the French National Institute of Demographic Studies. The study
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      • 343 3 NYT SCIENTISTS from America's Los Alamos National Laboratory in New Mexico are scouring museums across the US for objects and relics that might contain "historical air" air that has been trapped for decades, even centuries, without being mixed with today's atmosphere. Tfcey are after such
        NYT  -  343 words
    • 581 3  -  By TSANG SAU YIN Management Correspondent PEOPLE NEGOTIATE constantly. Only sometimes they are not aware of what they are doing and sometimes they are vividly because a crisis situation bias cropped up. Some of the more current examples are: Governments bargain with plane
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    • 1082 3  -  Tasks range from retrenchment exercises to internal housekeeping &y YAP BOH HOON NEW DEMANDS are being made on public relations firms by their clients during hard times. They are seeing a greater demand for internal company programmes to strengthen manage-ment-worker relations
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    • 255 3 AFTER SIX WEEKS of trading, 63 teams have made it to Round Two of the National Management Game organised by the Singapore Institute of Management, ICL (S) and Business Times. The best company in terms of performance at the end of six periods of hectic
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  • Page 2 Advertisements
    • 160 2 .y v tmss., ;»»V "*PS r 5i. W» The Genting Convention Special Package from 2nd Jan to 30th Nov 1985 for 20 to 200 persons For only *MS 199/SSIB2 per person, here s what you get Sharetwm accommodation at the luxurious Genting Hotel Meeting Room with breakfasts, lunches and dinners
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  • Page 3 Advertisements
    • 93 3 St aw rco \pt Take advantage of our low cost assembly facilities and save money. Let us do the work for you. We are one of the largest international switch manufacturers with an extensive range of equipment including welders, wire stripping and terminating, wire looming, hot stamping, soldering and assembly
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    • 215 3 A UNIQUE OPPORTUNITY TO GO INTO BUSINESS WITH SOME OF THE MOST INFAMOUS CHARACTERS IN SINGAPORE. X A t y* .Hi :-f jf V WiJ-r <> H<l -af l. t J I'/ n The Commercial Development of Haw Par Villa is open to tender. The Singapore Tourist Promotion Board (the
      215 words

  • OVERSEAS
    • 585 4 Goods unlikely to be in demand in Indonesia AFP DERECT TRADE between China and Indonesia, resumed after an 18-year ban, offers little hope for Chinese exports apart from cotton which could sell well. Analysts in Jakarta said coal, silk, railway tracks and wheelsets, products mentioned
      AFP  -  585 words
    • 312 4 AP THE POSITIONS of Chinese leader Deng Xiaoping, Premier Zhao Ziyang and communist party head Hu Yaobang will remain unchanged at a party conference in September. Chinese Communist Party secretariat member Hu Qili, the 55-year-old protege of Hu Yaobang and widely expected
      AP  -  312 words
    • 177 4 Reuter CHINESE LEADER Deng Xiaoping wants more trade with Europe but says that European states should stop restricting high technology sales to China. British publishing mogul Robert Maxwell, who met Mr Deng in Beidaihe during the weekend, said: "He would like td do more business with
      Reuter  -  177 words
    • 162 4 Reuter CHINESE COMMUNIST Party investigators have reprimanded the powerful Guangming Daily newspaper for publishing false reports which they say drove a museum director to suicide. Beijing radio reported during the weekend that the party's investigators had said they would take steps against the newspaper
      Reuter  -  162 words
    • 257 4 AP US SENATE Republican leader Robert Dole has said that he would press four Asian nations later this month to curb the flow of their goods to the US. "Our message is going to be to those in the textile industry
      AP  -  257 words
    • 454 4 AFP THE VICE-PRESIDENT of the UN-recognised Cambodian government, Mr Khieu Samphan, is optimistic about his movement's chances of regaining its seat in the Non-Aligned Movement at a forthcoming summit in Angola. Speaking in Dakar on the third day of a visit to Senegal, Mr
      AFP  -  454 words
    • 381 4 AP PRESIDENT MARCOS says his decision on whether to call a presidential election this year depends on how an opposition threat to impeach him affects his government's economic and counter-insurgency programmes. Speaking in a day-old taped interview shown on the
      AP  -  381 words
    • 179 4 Bernama DATUK SERI Dr Mahathir Mohamad has warned the people against turning Malaysian laws into a racial issue. "I know there are people with political interest who try to turn cases which had been settled in the courts into racial
      Bernama  -  179 words
    • 220 4 UPI PRESIDENT MARCOS said the Philippines would consider extending a military bases treaty with the US which expires in 1991. In an interview last Friday with the US public broadcasting system shown on state television, Mr Marcos skated the question of whether he
      UPI  -  220 words
    • 784 4 ARRIVALS Operator StTTKI number Local time From PAA PA2I 0020 LAX/TYO/ HKG SIA SQ41 0605 MAA MAS MH60I 0720 KUL SIA SQ43 0750 DMA SIA SQ45 0615 MRU MAS MH681 0620 KUL MAS MH603 0905 KUL MAS MH811 0940 PEN SV SV378 0940 JED/RUH CAL ◦806 0945
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    • 384 5 Reuter US SENATE Democratic leader Robert Byrd will meet Soviet leader Mikhail Gorbachev next month and give him a letter from President Reagan in preparation for the November summit between the two leaders. "I will be going as an emissary of the president
      Reuter  -  384 words
    • 753 5 UPI NYT PRESIDENT REAGAN has commended the deficit-reduction plan passed by Congress as "a good-faith beginning", but vowed to use his veto to demand that its promises of US$2BO billion in savings through 1968 are kept. "We still face a challenge in
      UPI; NYT  -  753 words
    • 325 5 Reuter REPUBLICANS on the Congressional Joint Economic Committee have predicted continued strong US economic growth and urged the Federal Reserve Board to support that growth with stable monetary policies. "We can anticipate a very strong economy (or the balance of 1985 and for 1966," said the
      Reuter  -  325 words
    • 464 5 AP FRANCE SHOULD REMAIN in the Pacific to counter any threat from the Soviet Union, says the French Polynesian President, Gaston Flosse. Mr Flosse, 54, who is in Rarotonga to seek an observer status at the 13-nation South Pacific Forum, said during the weekend
      AP  -  464 words
    • 227 5 AP DRUG USE IS WIDESPREAD and morale is poor among Soviet soldiers fighting Afghan insurgents in Afghanistan. Interviews with captured Soviet soldiers, published in Cairo during the weekend, said that "Soviet soldiers get depressed when they go to Afghanistan because they know it's very
      AP  -  227 words
    • 65 5 AP A 12-YEAR PROJECT to survey the Thai-Malaysian border has claimed 29 lives from both country's security forces because of guerilla activities. Yaacob Daud, the Malaysian Defence Ministry's director of operations and planning, said that 12 Malaysian and 17 Thai soldiers were killed in
      AP  -  65 words
    • 317 5 Reuter QUEEN ELIZABETH the Queen Mother, born in the reign of Victoria, celebrated her 85th birthday yesterday deluged by greetings from around the world. Flowers, presents and cards arrived by the truckload at Sandringham House in eastern Eng land where she was spending
      Reuter  -  317 words
    • 288 5 UPI PRESIDENT REAGAN, whose administration has had its share of disagreements with the news media, designated yesterday "Freedom of the Press Day 1965" and asked Americans to remember the contributions a free press has made to the nation. Palling freedom of the press
      UPI  -  288 words
  • Page 4 Advertisements
    • 171 4 TOHG COURT FC® HAN XIN LOVERS THOUGHT THEY'D |T3 |p I) r r AT T Even though you think X J\M I rfE /11 ill rfl vou've tried every *>• UN, ■frn, mHRA As much as you can eat for just $10.00++ (adults) 6.00++ (children under 12) Inclusive of complimentary'
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    • 6 4 EanAm's747SP fastest Daily to > San Francisco.
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  • Page 5 Advertisements
    • 20 5 ~70 H L. i BUSINESSMAN OF THE YEAR Jointly organised by Business Times and DHI. lntcrnjtmn.il (S) Ptc l td
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    • 149 5 w&. There's only one complete business computer in Singapo -the SPERRY PC b« ..-5 Sperry has brought together all the major functions of the PC and co ordinated them from one source. It includes PC's as terminals connected to UNIX ,as a SperryliriK deskstation. Videotex, Personal mapper, Telex, Voice Information
      149 words
  • Page 5 Miscellaneous
    • 82 5 Doonesbury idontthinkthb&sany QUESTION HIS ADMINISTRATION MLL BE JUDGED AS ONE OF J THE MOST EXTRAORDINARY IN 1 OUR NATIONS HISTORY.. lIEU I 1r LEVSFACB U, Hl5 PERSONAL MAGC AND GRACE ARE T>€ STUFF OF LEGEND. IMXIDNTBEA BfTSURPRGEDFONEmHSPRESKWC/ 15 VIEUJED AS ANOTHER SK st, f* BY GARRY TRUDEAU SO SAfS TOP
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  • BANKING AND FINANCE
    • 545 6 AP Reuter AFTER THREE DAYS of hearing the US blamed for much of Latin America's foreign debt problems, an international conference was given an opposite view last Friday by an Ecuadorean delegate. Carlos Emanuel, the personal representative of Ecuadorean President
      AP; Reuter  -  545 words
    • 236 6 AP THE LEADER OF Peru's political left has called the US "immoral" for suspending economic and military aid to his country because Lima decided not to pay its debt to Washington. "We denounce and reject this new and inadmissible imperialist attack on international
      AP  -  236 words
    • 404 6 NYT THE FEDERAL RESERVE Board last week denied Citicorp permission to buy a bank in South Dakota that is involved in the insurance underwriting business. The decision amounted to a ruling that bank holding companies cannot lawfully enter the insurance industry, under
      NYT  -  404 words
    • 82 6 AMERICA'S Federal Reserve has dismissed as speculation a report that its chairman, Paul Volcker, would resign early next year. Investigative reporter Jack Anderson, whose articles appear in dozens of American newspapers, was responsible for the report. Mr Volcker was named to head the Fed by President
      82 words
    • 165 6 NYT AFTER YEARS of increasing their lending in South Africa, American banks have begun to cut back sharply on such loans. Figures released last week by the US Federal Reserve Board show that in the first three months of 1985, the total
      NYT  -  165 words
    • 192 6 Reuter THE IMF HAS RELEASED further funds to the Philippines under a standby credit, enabling the country to get fresh loans from commercial banks. Central bank governor Jose Fernandez said in a statement over the weekend that the second tranche released by the IMF, and equivalent
      Reuter  -  192 words
    • 103 6 Reuter THAILAND'S state-owned Sayam Bank, formerly Asia Trust Bank (ATB), has filed a 3,634-million-baht civil lawsuit against seven former senior executives alleging they embezzled bank loans and damaged the institution. The bank alleged in the suit that the former executives, including ex-chairman Wallop Tarnvanichkul, had committed
      Reuter  -  103 words
  • MONEY AND EXCHANGES
    • 516 6 NNCATTS the average $f the prime Mbg rat» af 12 ma jar baits aparatfcn to Sinfaporf PLR of bonks ot the dose of business on Friday, Aug 2 os supplied by the Association of Banks in Singapore. BANK PLR Algemene Bank 8 W Americon Express Bank 9
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    • 272 6 ASIAN currency average deposit rates for the week ended Aug 2 BID PRICES High Low us$ 7 days 8 1/8 7 7/8 1 month 8 1/16 7 15/16 2 months 8 1/8 8 1/16 3 months 8 3/16 8 1/8 6 months 8 3/8 8 3/8 9
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    • 332 6 AP THE IMF, a bastion of conservative policy, faces a new threat from countries that want more time to deal with repayment of about US$9OO billion in debts. The situation has become more acute because of falling standards of living that are
      AP  -  332 words
    • 244 6 Green Collier DESPITE THE volatile and intense trading condition last week, all the Simex/CM E contracts finally closed little changed from the previous Friday. September D-Mark peaked at 3607 on Wednesday but slipped back to closed 3559. September yen also retreated from the high of
      Green & Collier  -  244 words
    • 205 6 OCBC THE US dollar was slightly lower against most ma)or currencies compared to the opening last week. The greenback staged a technical correction during mid-week on news of a U5555.5 billion US budget deficit cut. Earlier in the week, the market's concern over
      OCBC  -  205 words
  • Page 6 Advertisements
    • 49 6 CREDIT SUISSE is moving to new office premises I We are pleased to advise that effective from sth August, 1985, our office will be located at: t Battery Road 37-01 Standard Chartered Bank Building Singapore 0104 Tel: 225 2055 Telex: RS ***** (General) RS ***** (Forex) CREDIT SUISSE CS
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    • 149 6 MING COURT HOTEL SINGAPORE STEAMBOAT 7pm to 10pm daily, through August,at Ming Palace 1 mm 11M mm mm M Take your pick of choice meats, succulent seafood, fresh vegetables, eggs, delicacies and noodles. Cook up a steaming hot, mouth-watering meal mmm... then take a second helping or more. Share an
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  • SPORTS
    • 499 7  -  K L Oo steers Betsy's Pet li to shock win in Pesta Sukan race By BRIAN MILLER JOCKEY KL 00, who caught everyone by surprise when he took the Queen Elizabeth n Cup on Windu Karya early last month, gave a repeat performance at Bukit Timah
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    • 333 7 FIFTH-SEEDED Claudia Kohde-Kilsch of West Germany defeated Car ling Bassett of Canada 6-4, 6-4 in a semi-final match at the U*****,000 Virginia Slims of Los Angeles Women's Tournament on Satur■Jday. With the victory, KohdeTCilsch advanced into yesterday's final, where she was to meet second-seeded Pam
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    • 440 7 UPI THE New York Giants and the Houston Oilers had several areas they wanted to look at during Saturday's 15th annual Hall of Fame game. New York wanted to test its reserve quarterbacks, which it was forced to do
      UPI  -  440 words
    • 507 7  -  By WALTON MORAIS STEPHEN POON clinched Tanah Merah's A Division Best Gross in style yesterday, carding a creditable two-over par 74. The four handicapper, playing below his handicap, picked up a birdie and dropped three strokes for his win. After dropping
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    • 377 7 AP AFP SCOTT VERPLANK'S remarkable run of success in the US$5OO,OOO Western Open continued in Illinois on Saturday and he is now just one round away from becoming the first amateur to win a professional golf tournament in the US in 29 years. Verplank, 21,
      AP; AFP  -  377 words
    • 183 7 AP LAUREN HOWE shot a 3-under par 69 and Nancy Lopez shot 70 on Saturday to share the lead at 211 after three rounds of the Ladies Professional Golf Association (LPGA) Jamie Farr Toledo classic. A shot back at 212 were Lori Garbacz,
      AP  -  183 words
    • 269 7 UPI NEGOTIATORS in baseball talks met for 2 1 hours on Saturday and scheduled another session for yesterday, but made no progress on the major issues that could force a strike within 48 hours. Both sides declined to say that Baseball Commissioner Peter
      UPI  -  269 words
    • 268 7 UPI PRAKAS, collecting a twolength victory in the final heat in stakes record time, captured the 60th Hambletonian, the second leg of trotting's Triple Crown, on Saturday. It was a powerful two-heat performance by Prakas, whose time of 1:54 3-5 lowered his own track record set
      UPI  -  268 words
    • 380 7 THE Singapore contingent maintained its fine showing in the Admiral's Cup yachting competition, holding sixth spot after Saturday's storm-hit 340km offshore Channel Race. The Republic's two chartered boats, Pocket Battleship and Marionette, were the first two across the finish line but gained 36th
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    • 244 7 AFP THE EXECUTIVE director of Alan Bond's Australia m America's Cup defence syndicate has launched a stinging attack on the federal and Western Australian state governments for their lack of financial aid. "Why is the government frightened to help us defend the
      AFP  -  244 words
  • Page 7 Advertisements
    • 560 7 A National Conference on Recession hi tlw Housing Property Industry New Dimensions Joint organisers HOUSING DEVELOTERS' ASSOCIATION MALAYSIA Conference Managers: ORGANIZATIONAL RESOURCES SON BHD Venue: ASEAN ASSOCIATION FOR Mjjll Selongor Room. Shangrila Hotel, Kuala Lumpur PLANNING MOUSING Da e 9th and 10th September 1985 OBJECTIVES: In this two-day conference the
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  • FEATURES
    • 1686 8  -  Selco, the marine arm of Pan-Electric Industries, is determined to ride out the storm that is currently facing the marine industry. Among other activities, it has embarked on a shipyard project in India and has set up a joint venture company in the Solomon Islands.
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    • 595 8 Reuter VIDEOTEX, a hybrid of electronic news, home banking, computerised shopping and entertainment services, is still at least five years away from winning over a mass consumer audience in the US, analysts say. But that hasn't stopped a line-up of corporate heavyweights, including International
      Reuter  -  595 words
    • 350 8  -  Letters to fllC tWTOi Brace A Coatl Executive Ckalrmu Gatx Termiaals (Pte) Ltd. Dmt Sr, In response to your recent» July 29 front page article on oiE terminals and Van Onuneen'» storage offer, I must add a few comments, particularly on the "pioneering service for
      350 words
    • 136 8 Dew Sir, X Please refer to your editorial of August 1. You commented that our/» unions' decision to forgo this** year's NWC adjustments was a public relations exercise. also said that it was actually no-* big sacrifice. I think you have missed the whole point
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  • Page 8 Advertisements
    • 243 8 sr Clad WANTED-Your Nominations For Singapore's Best Business Brain THE search is on for Singapore's most outstanding business brain, and you are invited to join in. Business Times the republic's foremost business publication and DHL the world's leading international courier have joined forces to find the person who deserves the
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  • Page 8 Miscellaneous
    • 29 8 BnStcJW: Frank Ehc&ens I i p££L s ot&i fqr 6RiSTOuS O-CQ VOUfcS \S "M£, CLASSIC Sl"o*>f OF vjNfcGQU IT^D eufc&sH ONC HPvS ONLV TO I NRrnC OF nniss PReXTs/
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  • THE ARTS
    • 891 9  -  By MARIE DAVID LAST WEEK, I discussed radio, and took you on a bit of a nostalgic trip through the 1960s and 1960s when radio ruled supreme. I also suggested that radio need not be relegated to the position of television's "poor cousin", where it
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    • 484 9  -  Artistry of Viennese opera group enchants concert audience By XI YING CHERN IT WAS AN EVENING with a difference. Not only was it a concert devoted to delightful Viennese music, but it was also one which featured an excellent cast of Viennese artistes. Considering that the concert given
      484 words
    • 572 9 NYT THE Metropolitan Opera has announced that it will abandon its century-old tour of the US after next year. The decision to eliminate the annual tour will end a tradition that dates bade to the company's founding in 1883 and
      NYT  -  572 words
  • Page 9 Advertisements
    • 83 9 SINGAPORE SHIPPING CORPORATION GROUP NOTICE OF REMOVAL We are pleased to inform our clients and business associates that as from 12TH AUGUST 1985 our new office will be located at 200 CANTONMENT ROAD #08-01 SOUTHPOINT SINGAPORE 0208 Our new telephone, telex and facsimile numbers will be as follows: TELEPHONE NO:
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  • Page 9 Miscellaneous
    • 1139 9 wusmmm WM ■k John Brochalar and Athtoy Putnam tinging tha titla rota in Araballa OPERA OF THE MONTH: Richard Strauaa Faatival Araballa 9.00 pm, Channal 12 This should be a treat for opera fans as this is the last opera that Richard Strauss and librettist Hugo von Hofmannsthal wrote together.
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    • 682 9 CRYPTIC PUZZLE ACROSS 1 The quality of a cool headed girl (5) 6 One-eyed knaves? (5) 9 Timber reduced for art's sake (7) tO Some prunes outwardly fit to eat (5) 11 One of those to keep up with? (5) 12 Weary of food? (3, 2) 13 VMainous lascars, possibly
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  • INTERNATIONAL STOCKS
    • 253 10 Reuter REBUFFED in his attempt to take over CBS, Ted Turner is now turning his attention to MGM-UA Entertainment Co, an industry source said. Mr Kirk Kerkorian, a reclusive financier who owns 50.1 per cent of MGM-UA through his whol-ly-owned Tracinda Corporation, has said
      Reuter  -  253 words
    • 255 10 Aug 03 Y«n 1180 +30 Mitiub Cham Mifsubahi Mrtsub Elac 487 630 363 -15 -15 -5 406 -4 Mitsub Eitata 855 -7 imnAi 779 ■6 Mitvjb Haavy 329 -4 879 +8 443 9 823 +3 172 -1 Bank of Tokyo 848 541 unch -7 Mtaui SmaMng Mrt*uko*hi 512 607
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    • 362 10 Reuter SHARE PRICES on Wall Street eased lower last Friday in the lightest trading in nearly a month amid signs investors were taking a breather after a week of doubt about the future of the US economy. The Dow Jones Industrial
      Reuter  -  362 words
    • 188 10 AUG 02 tend UntK 485 1550 -105 -50 INDUS TIlALi -50 Anglo* MININGS 2650 unch unch -20 ***** 100 1150 25 Buffch 6250 150 2650 -50 Chort«r 500 unch 1047 •13 Cons GokJ I275B 2500 -50 980 unch 1015 5 •20 4225 25 ***** E R Coos 136 -4
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    • 115 10 AUG 02 Abrttt c$ Hud Boy Mm Imp Oi 7* 49* 20 Akan 38 42* 22*. 17*8 Argoan HkJgs 21* 16* Bonk. Mont 30 20* Bonk Nova Scotio M Canada 13* 43 Moisty Farg 3* 21* BP Can Ltd 34 16* 30* unch 27* Norando 19* Norando Mn 16V.
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    • 684 10 AUG 02 US$ AJcan AJumn 28* inch Alcoa 35* Aloghany Lud 23* Aked Own Cp 45* Afced Stores 56* AJfcs-Chafcner* 4* Am Brands knc 64* •1 Am Broadcml 114* V* Am Can Co 57* unch Am Cyanamxl 53* Am EIm Pw» 23* unch Am Exprese 44* Am Horn#
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    • 638 10 Frankfurt AUG 03 Da atetunkan 130 50 X7 216 50 +0.9 215.30 -0.1 Boy«t Var«rabari BMW t 393 00 +8 414 50 415 Commeribor* Cooti Gurrrm Da«ntor-Ban> Daguua Dauncha Bank Dratdnar Bank GHH Hoactat 215 00 -0.5 150 00 5.2 ***** +11 555 50 -3.5 271 50 +1.7
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    • 117 10 Reuter CANON, one of Japan's leading camera and office equipment manufacturers, will shift the production of all the copiers it sells in Europe to its French and German plants, in a bid to ease trade friction between Japan and the European Economic Community. The
      Reuter  -  117 words
    • 27 10 Reuter ONE OF THE founders of Apple Computer Company, Steve Jobs, has sold 12 per cent of his shareholding, but remains the largest shareholder. Renter
      Reuter  -  27 words
  • Page 10 Advertisements
    • 520 10 Wbere id wisis* dine and eaiertala The Szechuan Experience with the Meisan Difference Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art IjnCAM of true enjoyment, i* flflrlj/ill Ar rJv Meisan SZBCHUAN RESTAURANT Al lnc "IC'San. DntKMl) o I
      520 words
    • 117 10 Last Friday's Amsterdam and Stockholm pricas were not available X v 5* Ftng Cheng Lou Teochcw J Restaurant for the best Teochcw delicacies in town. k Discover our famous dian-xin. K delicious steam-boat Teochew porridge and other mouth-watering f delights prepared by hong Kong chefs. And feel like royalty while
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  • INTERNATIONAL COMPANY NEWS
    • 748 11 Prominent businessman seeks fresh entrepreneurial challenges NYT ENRIQUE ZOBEL, one of the richest men in the Philippines and perhaps its most prominent business executive, is characteristically blunt about the investment outlook in his country these days. "If you had money to invest in South-east Asia, the
      NYT  -  748 words
    • 867 11 NYT THE PARTNERS of LF Rothschild, Unterberg, Towbin, the investment bank, are discussing a major shift in ownership that could involve Marshall S Cogan, the investment entrepreneur, taking a significant minority position. The largest shareholder of the partnership, known for its expertise
      NYT  -  867 words
    • 144 11 Reuter A HIGH-STREET clothing group has won control of Britain's second biggest department store chain after a two-month battle. The Burton clothing group said in a statement on Saturday that it had won control of 54J2 per cent of the voting rights
      Reuter  -  144 words
    • 35 11 NYT ROBERT FLEMING Holdings Ltd, a large British merchant bank, has agreed in principle to acquire the New York investment bank F Eberstadt A Co. The price was not disclosed. NYT
      NYT  -  35 words
  • Page 11 Advertisements
    • 653 11 M Witet* to wim, #m au<i eaiertala Wi For a Fteranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for only S$ 14.00++ per person. The Luna Coffee
      653 words
    • 70 11 Executive Set lunch Daily $1290 PHQdXiy 6RILL Menu o( the w llffYrtV > r—vi^wii 3-course lunch prepared in the finest Continental style. Each meal includes a hearty soup and a delicious dessert. Mon Roast Pork Loin Hunter Style Tue Roast Chicken Farmer Style Wed Tender Roast Leg of Lamb Thur
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  • RAW MATERIALS
    • 438 12 West Germans asked to help oppose EEC tariffs Bernama WITH INCREASING production and downstream activities in the cocoa industry, Malaysia is well placed to increase its exports of cocoa beans and products to West Germany, an important world cocoa consumer. This was conveyed
      Bernama  -  438 words
    • 457 12 CURRENCY FACTORS again remained the dominant influence on commodity markets over the past week. 0*14: Irregular. Prices quickly took advantage of the dollar's weaker trend and moved up to their highest for three months in line with new york. But gains were not held because
      457 words
    • 952 12 COFFEE ROBUSTA COFFEE futures on Friday pared gains slightly at the close at up £54 to £48 a tonne from Thursday night's close, weighed down by New York prices which were less buoyant than expected. New York had been expected to open two to three US cents a
      952 words
    • 216 12 WHEAT FUTURES on Friday closed 3'/2 to 2 1 i US cents a bushel lower on the Chicago Board of Trade. September, December and distant September established new season's lows. Prices recovered slightly on the close on commercial buying and September ended near the middle of a 7 j
      216 words
    • 377 12 Reuter CHINA IS BELIEVED to be the main recipient of recent Cuban shipments of Thai sugar, Japanese traders said. China has an agreement to buy about 800,000 tonnes of raw sugar a year from Cuba and one trader said the Cubans
      Reuter  -  377 words
    • 254 12 THE PRODUCE market was mostly easier last week and traders had a quiet time. In the palm oil market, prices continued to slide in line with soft soya bean prices. The soya bean crop is projected to be good and the increased supply is a dampener
      254 words
    • 99 12 Reuter THAILAND seized 621 tonnes of smuggled tin ore in the nine months to the end of June compared with 755 tonnes in the whole of 1984, the Thai Mineral Resources Department said yesterday. It said illegally mined tin, mostly from the
      Reuter  -  99 words
    • 215 12 SOYBEAN FUTURES on Friday closed 6V« to two US cents a bushel lower in dull trade. November finished near the bottom of an eight cent range. Prices gave back some of the gains of the past two sessions and again approached eight-year lows. There was little fresh news to
      215 words
    • 169 12 Reuter KUALA LUMPUR Commodity Exchange (KLCE) members will vote on Saturday, Aug 10, on proposals aimed at reviving trade. Industry sources said planned changes include the establishment of a new clearing company, Malaysian Futures Clearing Corp Sdn Bhd, which will be based
      Reuter  -  169 words
    • 33 12 A v Omm| pricn T»nio*« M$/kik> (to—■») M July 29 31.05 75 -Kiy 30 31.07 104 -My 31 31 05 67 August 1 30.89 647 >, August 2 30 91 163 V-
      33 words
    • 148 12 Chineee Produce Robutto 20/25% FOB NSW 430.00 Exchange (Satan' mm doling p ice* m Nutmeg Aeg 3 (SV100 kg) 110 FOB NSW 463.gr Coconut oil E&W FOB NSW 330i*r Bull FOB ***** Gambier Otd drum FOB 113.00 FOB NSW 330.00 New drum FOB 117.00 Copra London Commodity Mixed
      148 words
    • 133 12 CURRENT Int One RSS continued to fluctuate around 171 cents (S) mark on the Malaysian and Singapore markets last week in conditions similar to the previous week. Reportedly, the buffer stock manager purchased about 4,000 tonnes SMR 20, August, from Malaysian sources at 161 cents (M), and also bought
      133 words
    • 158 12 Reuter THE IMPACT of Uganda's military coup on the movement of coffee through the Kenyan port of Mombasa is unclear, but in the short term, some trucks may be held up by the closure of borders, traders said. Eyewitnesses who visited the border town of Busia last
      Reuter  -  158 words
  • Page 12 Advertisements
    • 136 12 LTCB The Long-Term CrcdK Bank of Japan Limited Stafßpare Bitnch NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE STH AUGUST, 1988 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from sth August, 1985 to sth February, 1986 the
      136 words
    • 366 12 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Teo Mai Tiang of No. 99 Upper Bukit Tlmah Road, 7Vi ms Singapore 2158, have applied for a Retail Liquor Shop licence in respect of premises at M/s Tan Peng Heng, Blk 344 Jurong East St 31 #01-39 Singapore 2260, and that
      366 words

  • MARKET REVIEWS
    • 5458 13  -  l3—~ L 3 A By HOMER CHEN THE RALLY that began three weeks ago sputtered and lost steam last week. Share prices came down slightly in a market that suddenly became quiet. The BT Composite Index fell 10.84 points to 671.29 and the Straits Times Industrial
      5,458 words
    • 277 13 L^^ US rCI a Reuter AUSTRALIAN share markets made marginal gains last week with trading dominated by a shortage of scrip and high institutional liquidity. Brokers said the market held the gains made during the previous week's re-cord-breaking sessions in spite of poor
      Reuter  -  277 words
    • 579 13  -  I Week ended August 2 compiled by JULIANA TAY SCRIP ISSUES A Enterprises: Bonus issue of one-for-six. Kinto Kellos: Proposed bonus issue of fourteen-for-one. CORPORATE DEVELOPMENTS Aleiondro Holdings Ltd has subscribed a further 100,000 shares in Multi Agro Industries Sdn Bhd on July 30. City
      579 words
    • 350 13 BCI PROFIT-TAKING, which had been undermining the Milan share market, showed signs of abating last week. As a result, the BCI AllShare Index closed at 355.37, up 2.2 per cent, thus almost erasing the previous week's loss. Business on the whole slackened, with the
      BCI  -  350 words
    • 1508 14  -  11 ■rrmil London pn] Jiiil m u By GERALD COLVERD THE TUMBLE in London share prices, which has seen more than 100 points knocked from the FT Index's peak, was not really necessary. Or was it? Since the FT 30 Share Index touched its low of 911.0
      1,508 words
    • 124 14 A GROUP of Japanese companies, led by the Marubeni trading house, plans to set up a Brit-ish-based joint venture next October to offer a cut-price telex and data communications service between Japan and the rest of the world, the Financial Times reported in London on
      124 words
    • 335 14 1 I Hongkong y SHK Research THE HONGKONG stock market consolidated last week after failing to break through the 1,700 level. Share prices opened firm on Tuesday but soon slackened and gave way to profit-taking. However, the relatively strong performance of bank shares enabled the
      SHK Research  -  335 words
    • 665 14 Pi ■V 1 New York II AFP AP SHARE PRICES see-sawed on Wall Street last week, with prof-it-taking being held in check by an easing of anxiety over the future course of interest rates and the US economy. The Dow Jones Industrial Average closed at
      AFP; AP  -  665 words
    • 333 14 mTokyo 4 AFP SHARE PRICES on the Tokyo stock market were generally lower in wild fluctuations last week with finance and domes-tic-demand-related issues leading the downtrend. The Dow-Jones Average of 225 selected stocks listed in the first section closed at 12,492.27 yen on Saturday, down 155.82 for
      AFP  -  333 words
    • 946 14 ■< K.Lumpur HEAVY PROFIT-TAKING hit the Kuala Lumpur stock market last week after its recent run-up and share prices slipped on all fronts. However, news that the Association of Merchant Banks in Malaysia (AMBM) was taking a keen interest in rejuvenating the stock market
      946 words

  • Page 14 Advertisements
    • 553 14 BANK OF CANTON, LIMITED (Incorporated in Hong Kong on 21st February 1912) SUBSIDIARY OF SECURITY PACIFIC NATIONAL BANK, LOS ANGELES,.CALIFORNIA BALANCE SHEET AS AT 31 DECEMBER 1984 THE 1984 HK$ 1983 HKt ASSETS Cash on Hand and Balances with Other Banks Advances to Customers Less Specific Reserve for Bad and
      553 words

  • COMPANY NEWS
    • 401 15  -  By NAJEEB JARHOM HWA HONG CORP Ltd, having surprisingly succeeded in gaining 82.81-per cent control of People's Insurance Co last Friday, has decided to extend its $2.25 cash offer to the rest of the insurance company's shareholders until Aug 23. Three independent
      401 words
    • 717 15 msm mm*» By HOCK LOCK SIEW THE CALL TO SET UP a capital market commission as a one-stop agency for the securities market has roused a great deal of interest in corporate circles in Kuala Lumpur. It seems odd that such a suggestion
      By HOCK LOCK SIEW  -  717 words
    • 444 15 LAST FULL YEAR Company Period Dote announced last yea* Yeer Met IPS (centi) Grm dn> Net pfOTtt ($*000) PoKong Inv Muroto KiMinghaU Tin Sel Properties Sim Lmi Finance Fnal Feral Final Intenm Fnal Jon 31 Apr 30 May 31 Jun 13 Jut 10 Dec 64 Mar 8S Dec
      444 words
    • 46 15 Company RIGHTS ISSUE Dah Yung One-tew-one SI 00 per %h«e (Bonus entitled to rights) Ex-dote Aug 7 Book* Close Aug 15 Company BONUS ISSUE A Entefp**** One-for-wx Ex-date Aug 12 Books close Aug 22 Dah Yung One-tcw-five Ex-date Aug 7 Book* dote Aug 15
      46 words
    • 119 15 Compony RIGHTS ISSUE Alcom Two-for-three to $1 00 per shore George Town Two-lor-orve m S1 00 per shore KiMtnghail Two-lwftve (i SI IS p«r share Peak Hua Threetor-two m 11 50 per share Sub-div rs.on ol SI par into 2 shares o( 50 cenrs each Sateros Res Onefor'wo
      119 words
    • 1074 15  -  By HOMER CHEN SINGAPORE'S Big Four commercial banks are expected to report lower profits for the first half of 1985, according to most analysts. They cite three factors sluggish credit demand, eroding margins because of falling interest rates and increased provisions for bad debts
      1,074 words
    • 70 15 THE STOCK EXCHANGE of Singapore has reclassified eight companies from the Second Trading Section to the First Trading Section from tomorrow. In the Industrial A Commercial board, there are three companies Construction ft Supplies House Bhd, Dutch Baby and The Wilkinson Process Rubber. Others are MBf
      70 words
    • 108 15 DEVELOPMENT ft Commercial Bank Bhd: Group pre-tax profits fell 28 per cent to MJ32.7 million in 1984 from $54.23 million the year before. At the parent bank level, taxable profits slumped 32 per cent from $28.5 million in 1983 to $19.35 million last year. Group total deposits, however,
      108 words
    • 601 15  -  By RAMESH CHANDIRAMANI THROUGH INNOVATIVE packaging and the promotion of many other services, Genting Bhd is trying to promote its Perth casino project on Burswood Island as a family-orient-ed resort. As part of its marketing activities, Perth's first and only casino hopes to make
      601 words
  • Page 15 Advertisements
    • 436 15 -1700 hre F\ One of a series of topical and authoritative seminars held In conjunction wtth ii nm itDrAeiafiwt fVOrKX 118(19 I WlllfPinQMOro Chairman Wee lew Um President, Singapore Computer Society Morning session 0900-1230 Kathleen A Lucey Senior Management Systems Consultant SRI International. USA "Information security: its origins, dimensions of
      436 words

  • 504 16  -  c 1» Production expected to begin by 1987 By NAJEEB JARHOM CONGLOMERATE Sime Darby Bhd has teamed up with the Hyundai Group of South Korea to set up a Mslo million joint venture producing high quality furniture and related wood products in
    504 words
  • 640 16 THE WAY in which Singaporeans voted in the last December general election has convinced the Government of the need to educate people on the importance of voting wisely. "Over the next two years we will be campaigning and telling the people that political
    640 words
  • 286 16 AFP AT LEAST 160 relatives are helping in the grim task of identifying the 131 people now known to have died in the crash of a Delta Air Lines Lockheed L-1011 jet near Dallas, Texas, on Friday night. The victims were
    AFP  -  286 words
  • 89 16 Reuter BLACK MINE WORKERS on South Africa's vital gold and coal fields yesterday announced a strike that could severely hurt the country's economy, already under threat of anti-apartheid sanctions from abroad. A spokeswoman for the National Union of Mineworkers (NUM) said an all-night meeting
    Reuter  -  89 words
  • 224 16 Reuter THE TROUBLED Anzus tripartite defence pact is not seen as relevant to regional security by South Pacific island nations, New Zealand Prime Minister David Lange said last Saturday. Speaking on his arrival in the Cook Islands for the annual South Pacific forum
    Reuter  -  224 words
  • 89 16 Reuter A PARTY which emerged to oppose former New Zealand Prime Minister Sir Robert Muldoon elected a new leader yesterday and vowed to remain in politics after turbulent internal bickering. Millionaire property investor Bob Jones resigned as leader of the two-year-old New Zealand Party last
    Reuter  -  89 words
  • 180 16 HI-TECH ENTERTAINMENT will soon be available in a park depicting a Chinese mythological theme as plans unfold to redevelop Haw Par Villa into a world-class tourist attraction. The Singapore Tourist Promotion Board, which controls the garden, will accept proposals from private companies interested
    180 words
  • 390 16 Reuter A POLITICAL ROW has delayed the Bonn government's plan to sell some of its holding in Lufthansa, the profitable West German national airline, amid fears that foreign rather than German investors will snap up the shares. Bonn had hoped to sell a
    Reuter  -  390 words
  • 107 16 AFP THE CHINESE AIR FORCE is to sell more than 200 transport aircraft to civil carriers at knock-down prices. The New China News Agency (NCNA) yesterday quoted the Liberation Army newspaper as saying that an agreement was signed on Friday for the sale of seven planes
    AFP  -  107 words
  • 141 16 THE MALAYSIAN Deputy Defence Minister, Dato Abang Abu Bakar bin Datu Bandar Abang Haji Mustapha, is here on a three-day official visit. Dato Abang Abu Bakar will be accompanied by his wife Tunku Da tin Maziah binte Tunku Mustapha and senior Defence Ministry and Armed
    141 words
  • 53 16 CURIOSITY PROVED TOO MUCH for this cow in Arizona at he dug his head into a trash can to see what was inside. After several minutes of having its head stuck, a passer-by helped remove the can and the cow returned to eating grass as if
    53 words
  • 110 16 AFP ISRAEL HAS DECIDED to enforce immediately legislation aimed at expelling some 10,000 foreigners, mostly South-east Asians, working in the country illegally, the newspaper Davar said yesterday. The report coincided with an announcement from the Labour Ministry yesterday that unemployment rose
    AFP  -  110 words
  • LATE FILE
    • 76 16 AFP FINANCIAL crimes are on the upswing in China and hooliganism has reappeared in some areas in spite of as overall reduction in the crime rate. According U ministry statistics cited ty Security Minister Liu Fuzfed in the People's Daily overseas edition, China's crime rate
      AFP  -  76 words
    • 64 16 Reuter CUBAN president Fidel Castro yesterday closed a Latin American economic conference in Havana with a speech describing the region's huge foreign debt as a "cancer that must be rooted out". "The foreign debt is unpayable. It is a cancer that must be rooted out," he told
      Reuter  -  64 words
    • 41 16 Reuter CHINA and Egypt signed a long-term trade agreement yesterday and undertook to improve economic relations, the New China News Agency said. It also said they agreed to try to maintain a trade balance. Reuter
      Reuter  -  41 words
    • 56 16 Reuter THE RESIGNATION of Chile's police chief last Friday points to rivalry between branches of the armed forces and could lead to further social and political unrest, diplomats said yesterday. General Cesar Mendoza resigned from the military junta after a judge implicated 14 members
      Reuter  -  56 words
    • 50 16 Reuter JAPAN plans to launch a research programme aimed at developing its own space shuttle by the 21st century. The Japanese newspaper Yomiuri Shimbun reported yesterday the Space Development Commission and the Science and Technology Agency would make a decision on the programme oa Thursday. Reuter
      Reuter  -  50 words
    • 57 16 Reuter RESCUE workers yesterday found 10 more bodies in the tangled wreckage of Saturday's head-on train collision in south-west France, making the death toll at least 34. A French official said the bodies were found in a carriage that was flattened when a packed holiday express
      Reuter  -  57 words
    • 39 16 Reuter IRAQ said yesterday its navy had twice attacked Iran's Nowruz offshore oilfield since early yesterday, hitting an oil pump and two oil wells. A military spokesman said the first attack was at 0240 GMT yesterday.
      Reuter  -  39 words
    • 50 16 Reuter LEBANESE prisoners recently freed by Israel said they had been maltreated in detention and doctors said many of them still had psychological and physical disorders. The men were among 200 in Beirut for medical checks after their release from Israel's Atlit prison last month. Reuter
      Reuter  -  50 words
    • 63 16 Reuter THE MALAYS of Sri Lanka showed great enthusiasm in welcoming fellow members of the community from Malaysia, Indonesia, Singapore and the Philippines who are in Colombo for the Second Malay World Symposium which began yesterday. More than 600 members of the Malay community from throughout Sri Lanka
      Reuter  -  63 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • 62 16 lIS Outlook for today: Showers, with gusty winds over many areas through the pre-dawn, clearing in the late morning. Report for 24 hours prior to 7 30pm on Aug 4 at the airport: Maximum temperature 31.0 Associated humidity 70 Minimum temperature 24.9 Associated humidity 96 Hours of sunshine 2.95 Rainfall
      62 words

  • SHIPPING TIMES
    • 105 17 Reuter EXXON COMPANY said its Exxon Shipping Co unit will spend US$B million to improve the product handling capabilities of two tankers that transport specialty products between Gulf coast and east .coast ports. It said variable speed pumps will be installed in the 43 cargo tanks
      Reuter  -  105 words
    • 448 17  -  By G DURAIRAJ MALAYSIAN timber exporters who shipped their products through Port Kelang generally had to pay a higher freight rate during the first quarter of 1965 compared with the same period last year. Freight rates for shipments to Australia, a major importer
      448 words
    • 213 17 CHINA HAS approached British marine engineering and heavy lift company, ITM (Offshore), to produce two floating port schemes to reduce congestion at Chinese ports caused by a sudden surge in its foreign trade. The company was chosen after it solved the
      213 words
    • 203 17 AFP SRI LANKAN president Junius Jayewardene commissioned a new, Japa-nese-built container berth, hailing it as a milestone in the development of Colombo as a major port in the region. The 7.6 billion yen, built by a Japanese joint venture with a 'soft loan from
      AFP  -  203 words
    • PORTSIDES
      • 68 17 UPI THE LOGJAM of ships waiting to unload at China's ports has eased slightly but another 500 vessels are still queuing for a harbour berth, the official Xinhua news agency said. Dock workers, aided by troops, have cleared 39 of the 540 ships snagged outside China's major
        UPI  -  68 words
      • 68 17 WEST GERMAN freight forwarder Schenkers has won a two-year contract to carry 2.5 million tons of crude from Iraq's oilfields by road tanker to the Jordanian port of Aqaba. The Dm2so million agreement calls for 100 Schenkers trucks of 32-ton capacity to undertake the 1,300-kilometre journey
        68 words
      • 41 17 Reuter CONFERENCES covering the trade between Europe and India, Pakistan and Bangladesh said they have adjusted the continent westbound currency adjustment factor (CAF) to minus 17.50 per cent from minus 20.50 per cent, with effect from Aug 5. Reuter
        Reuter  -  41 words
    • 913 18 Fairplay FINLAND'S SHIPOWNERS have long been aware that they have to operate under one of the most expensive flags in the world. In spite of this, they have remained extraordinarily faithful to the national flag. But now, tired of waiting for government action on the
      Fairplay  -  913 words
    • 156 18 TWO OF Japan's leading shipbuilding groups, IshikawajimaHarima Heavy Industries (IHI) and Kawasaki Heavy Industries, experienced widely differing performances in consolidated results for 1984-85. M's net profit fell 25.5 per cent while Kawasaki swung from a loss to a profit. Both groups have substantial manufacturing interests outside of
      156 words
    • 72 18 Reuter THE NORTHERN Port of Dalian plans to expand its handling capacity to 70 million tonnes a year by 1990, up from 40 million in 1984 and 35 million in 1983, New China News Agency said. It said present capacity is less than demand. Two
      Reuter  -  72 words
    • 959 18 MOST activity in the freight market on Thursday was centred in the grain and iron ore sectors. In the grain sector, Conti paid an easier US$lO for a 5 2,000 ton cargo from the US Gulf to Japan aboard the Festival with Aug 18-25 loading, while ADM arranged
      959 words
    • 890 18 A Top Ent X 4 AB Shpg V 5 Afea Line VI 3 Affinity Shpg X 1 Ahrenkiel Liner X 1 AC Toepfer X 5 APC Line V 4 APL 1 2/3 Antoh Orient X 3 Arrow Lines X 5 Artos Lines X 2 Anro Service IV
      890 words
    • 196 19 Reuter A COALITION of public officials, labor unions, farm groups, business organisations, and shippers in the United States have asked the Congress to approve a public sale of shares of railway company Conrail. The coalition for a competitive conrail, said transportation secretary Elizabeth Dole's
      Reuter  -  196 words
    • 567 19 Lloyd's List INCREASED demand on the North American routes has resulted in Japanese shipping line Mitsui OSK achieving a substantial gain in consolidated net earnings, while internal reorganisation moves have pruned back the losses of fellow operator Japan Line. In the financial year ended
      Lloyd's List  -  567 words
    • 274 19 Sea trade Week EIGHT KOREAN owners in the deepsea section have filed applications with the KMPA for 18 newbuildings of 918,880 grt under the 10th government-fnanced newbuilding scheme. The figure is about three times higher than the KMPA's tonnage allocation of 260,000
      Sea trade Week  -  274 words
    • 249 19 THE DENVER, a 1963built bulk carrier of 8,700 light tons, is said to be still on offer, with the recent report of it being sold to China for about US$ll2 per light ton now known to have been incorrect. The sale of the Somali Navigator, livestock carrier of
      249 words
    • 189 19 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits/ Japan and the member lines: ACE (PAR 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 LineAustralia/Straits Container Line.
      189 words
    • 105 19 Reuter HONGKONG has filed a HK$5 million suit against the owners of a Brazilian cargo Ship that spUt oil over the colony's beaches when it ran aground last month. A government spokesman said a second suit was filed to keep the 11,000-ton Fnta
      Reuter  -  105 words
    • 2986 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.
      2,986 words
    • 802 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 Cor Fortune 1W 05.8.85 2100 Star Shpg F7 0800-0900 L7 Keum Glory 7N/85 05.8.85 2300 Worldwide F7 0900-1100 L2 P Johnson loew 05.8.85 2300 APL
      802 words
    • 1713 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enttfpriws ht Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Lmer Kim Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) Muttiport Sdn Bhd (PK)
      1,713 words
    • 326 26 AT CONVENTIONAL WHARVES VMMi Berth Arrival Departure KEPPCL WHARVES Equator 4 K22 alongside 05.8/0700 Intamn KI7 alongside 05 8/0700 Koto Satam K3I alongside 05.8/0930 Ned Lmge K 12 alongside 05.8/0600 Sun Timor KI8 alongside 05 8/2300 Aconcagua K12 05 8/1400 05 8/1800 B Pham K9 05.8/0400 06
      326 words
  • Page 17 Advertisements
    • 777 17 Monthly from Pitman AvaHabh at aU good bookshop* and newsagents HHTimes In IW Distributors f0& Aients OiUENrOvEiQEAS G-iLuwi LINK mm. alms agence m 70 Sftortao Wit #«*O3 Mm Hmm S«n 0207 Tot *****11 1*» NO *S ***** CFS OFFICE TfC #***** Ttf *****31 2720J11 1M Ofca TfC #***** lot 2222M0/22W513/*****01
      777 words
    • 68 17 BMEB FINLAND'S SHIPOWNERS hove long been aware that they have to operate under one of the most expensive flogs in the world. Page II INCREASED demand on the North American routes has resulted in Mitsui OSK achieving a substantial gain in consolidated net earnings. Page 111 Index to odvertisers II
      68 words
    • 946 17 This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense In Siiih/I i'l EXCELLENCE. TIMES. THE BOOKSHOP K MAERSK LINE Voy IS* por« EXPORT TO USA. EUROPE. •KIM CT 5/8 1100 HRS CFS 4/1 7300 MB t
      946 words

  • Page 18 Advertisements
    • 446 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA uth Wait Pacific North Watt AUantt Feedar at Tokyo Feeder at Kobe Feadei IMtar *51 LA/IB OM Mtfter fil WT W PU) IMhar VS 2m WOW 7/9 10/9 HYUGA 11/9 11/9 14/9 N OST I S KASHU 14/9 17/9 L ALLIANCE K/9 17/9 20/9 V.
      446 words
    • 415 18 NOTICE W» 4- f4 t> p >, iJ* fl boruuil "Tn J: 1 iTTI We are pleased to inform our clients and business associates that as from 12TH AUGUST 1985 our new office will be located at: t F r--200 CANTONMENT ROAD #07-02 SOUTHPOINT SINGAPORE 0208 Our postal address remains
      415 words

  • Page 19 Advertisements
    • 1036 19 The Straits Steamship Group mm Mansfield Container Shipping Pte Ltd QCU Overseas Containers Limited rsr STRAITS SHPPMG Singapore to Saßeh, Sarawak, Brunei Ports end Bangkok 25/9 27/9 13/9 05/9 mn u/» 19/9 19/9 21/9 25/9 2/19 4/19 7/19 9/19 IS/19 17/19 23/19 25/19 92/11 94/11 39/1 91/9 91/9 19/9 14/9
      1,036 words
    • 639 19 Franco Belyuin Services r«- rFUI MM gnnct TO I /l/ >jr A .1 MIMHIHOf act CONSORTIUM rrm tjelmcl* Mm r*> rstM* h» rttmn m OnWNtt 7 <S M 27 21 31 1 KOKM CNMB IMMMMD MBS 14 (12 2V* Sap 5 7 thp 1IS« M( com MO CMM CMTMtI 21
      639 words

  • Page 20 Advertisements
    • 685 20 rife iv w U Hapag-Lloyd 10 CONTINENT, UK EXPORTS On cjrriaft to Scarahu«ia, Mad, Carrie an &S. America Mand hatdafe to Mand dcstoutiom in Eirope I TO EUROPE MED S"p«t KdMtftaatlMiMsßftM C«iuHbur[ Man Mm* Map i 25/8 2S/I 3»/» n/i 7/10 3/1011/10 39/9 11/9 19/9 11/19 19/19 25/1919/19 22/19 29/9
      685 words
    • 244 20 HG.& LINE iMlt FULLY CONTAINERISED SERVICE TO fUROff Vl* Sl«/ I »"*>" 01 !hf lf 27/1 3i/i 3/9 3/9 5/9 7/9 10/9 10/9 12/9 U/9 17/9 17/9 19/9 21/9 24/9) fROM fURCPt VIA Sl*/ 1 Mffrxiff ot Ihf Ace Coniortiuni KODEAN CtMNCI 221 HONGKOHE COHTMO 45f ammu. am me KOKM
      244 words
    • 571 20 Hai Sun Hup Co (Pte) Ltd Tl I (?0 l ini'il 'I RS.»?<V>l A S?f*i 7? f t i \M ik\ < \iv i IM;K. I I• > Specialist in RO/RO Service Acctptinf heavy-ifts upto 80 K/Ttm Saints from Japan M S -pm l>N JOU MTWfUM VB m kM nu
      571 words
    • 659 20 o EVERGREEN full Ser,> Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) 1 Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) nacomr zvi v/t n/t n/t n/s 1/1 11/1 12/1 iv» vm via wn 13/11 ivii u/m wm [maMT 11/1 1/5 VI V» V* iv« "/> 1V» 22/1 IVM -WN IVM M/M 12/11 2VII 27/11 3
      659 words
    • 284 20 US! NOSE MARITIME PTE L TP Kin ISLAMIC REPUBLIC OF IRAN SHIPPING LINES hppn Laa*| far 1/1 t. Attn, I KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Lat, P. Hornby, KYOWA BREEZE 25/1 K J Mm accfptaf ur|MS far FU (Sm/lwMu md 1 HOfK Pali) MS SUN UNION LINE
      284 words

  • Page 21 Advertisements
    • 599 21 V\vT PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 VESSEL KOTA RAKVAT KOTA HATHA KOTA JAVA KOTA WMAWAN KOTA MEGAH EAST AFRICA/REDSEA SERVICES MOGADISCIO, MOMBASA, DAK-ES-SALAAM MOMBASA, D'SALAAM HOO€K>AH. JEDOAH. FT SUOAN, AOABA E-32S COLOMBO/CHITTAGONG/RANGOON SERVICES RANGOON SINGAPORE VOYAGE S-10/S KOTA UNGAPURA W-441 CHINA SERVICE
      599 words
    • 703 21 BENLINE CONTAINERS i» if. :i-: w:n: JTON HAM 25/1 27/0 vi w 10/5 11/5 16/5 17/0 a/t zs/i 2/10 4/10 a/i« u/ii 15/11 17/11 23/11 25/11 01MVEN KMX 20/0 30/0 6/0 7/0 IJ/1 14/1 u/1 n/i 27/5 it/1 7/U 12/1* 11/11 15/11 21/10 27/11 21/10 UK/COWTWEWT lM|i Hn UHUM Uri
      703 words
    • 312 21 DJAKARTA LLOYD INDONE SI AN NATIONAL L INF BE V 3.1 »I'J U *> x r«- ntm -a/I -i»/i fit-- EKA JAYA AGENCIES U'»pf A M,,, SISAL PTE LTD H "*<«N RORO CONTAiNf R SERVICF TO FROM AUSTRALIA CHINA OCFAN SHIPPING COMPANY ll'AiiLJi.- 11l Jan.li.V.A mYAi Penanf Pfci| Sport Btt
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    • 561 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Una) Laadhf far Ranfoon Laid* FOR HK&. I* BANK LINE SPORE R'DAM HULL HMBG TAMAITAI SAMOA 14 Aug 10 Sep 19 Sep 14 Sep (VYBANK 3 Sep 28 Sep 6 Oct 2 Oct Ah y un d a i MERCHANT MARINE SULK
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  • Page 22 Advertisements
    • 1189 22 K LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA MCWC COAST (toetadiM DESTINATIONS INLAND via IPI/MICKOBRIDGE A MINILAND BRIDGE) FIDO/ MOTtO *SSa STOKE PU.fi PEKING STORE T/S POUT LA/li WTTIE OttLAl® VAN BC PORTLAND KOREAN CHANCE *22E OREGON MKE V 3 6 Aug (BU) 16 Aug 28 Aug 31 Aug JOHORE
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    • 557 22 ■/It CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAVER/REEFER/BULK SERVICE Lm*« tor LOS NKIUS. SAN FRANCISCO. SEATTLE TACOMA. VANCOUVER BC Accept** Fa/Fa CwKMtrs PMmi Sacapwe UplH MMiomr Ton a* n fc* AUSTRALIA EXPRESS CONTAINER SERVICE Accept mf Fa/Fa Canttmm RAMOAS Vit S/7Au| 7/8 Au« KAMROAS V 24 27/20 A* 29/30 A>« RAWAS
      557 words
    • 468 22 SANKO ASIA FROM jAFAM€Sf RONTS AND NONOKOHC 0) 0) no nana a Ci ft U Plr l* 1« 22*1422 JMM Starf SAI M. M 3HIM/XUM ■MS SM» MiMM *7*6/ *7*l muamt ■MM mm ML IflA M 7US ton mi ku or m e MiKKU GOLDEN LINE .OO GUM GUM) SWTMG
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    • 404 22 INTRASEA (PTE) LTD 10 Anson Road «27 16 Intern«4tion<v P <*/<-* S«n 020 7 Tel 22 465 11 1 L nes O BHEAKBULK SERVICE TO EUROPE/UK Sfm P. tar--7/i is/1 Ron/an/UL (ANN) SEA WOOD AND R.MI.^ Sport PJManc Laadh| tar IM VOYI2 14/1 14/1 ItaWcw/ 'ar P.T PERUSAHAAN PELAYARAN KALIMANTAN
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  • Page 23 Advertisements
    • 721 23 *AR EAST/EUROPE FULLY CONTAINERISED SERVICE of tr>«. ACE Cc C CONTAKEX 31W.. Mr OCMEF4SK.. (12/8) 14/8 (19/8) 21/8 (26/8) 28/8 (9/9) 11/9 Also accepting cargo to/from Scandinavia C PAUL S'pore Closing Times: FROM EUROPE (VIA SUEZ) K CHANCE Z2L 0 CHEF 44E. K JACEJM 29L N OtHTAL 3ft MEHCATOt 3K
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    • 548 23 1 Damn SO 7* km mm mum 21/1 J-2/1 4/1 27—21/1 1/1 H/f 1 i.. IN' Mil 1 ll I X NtP'HNt >1.1 Ml II S Pit tHI lIIMS SI 1 1# SDN MHI' 1,1 'hS4 <4 'Riu<ti*if', *1 Ifl 414 W 311'15 Sl(l iflpei. i l M tK^SM ■U
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    • 594 23 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SfBOV BULOM6 55. Market Strut Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SMGAPORE Tdei Numbers RS ***** RS ***** RS ***** M/S SNAMKAT NAM MM SO* MD. IST AND 2NO FLOOR. NO 1. JALAN CCMPENMG PORT KLAMG MALAYSIA let *****6/8
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  • Page 24 Advertisements
    • 657 24 REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA wn sm pkt »u MTU KONSORTUM IION/3SI UTU KONSORTUM IIIN/360 MTU KONSORTUM II2N/362 HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER: PE C.IAIISID HtAU* lIHIRS A W All ABll AGJA SOFIA S'pore 15/18 Auf Loadnf for SaiaUh, Aqaba VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAHCR SERVICE TO
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  • Page 24 Miscellaneous
    • 153 24 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJI. THIS MORNING. </* Wind direction with speed m knots Wove height LEGEND: R_ Temperature Op Th jnderstorm Weother Wmd direction with speed m knots Shower Ram Wave height 9 Cloudy Sky Surface winds ore indicated by arrows which Hy with the wind
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  • Page 25 Advertisements
    • 201 25 iti w EAST ASIA LIN -J i (Malaysian Flag) Ftogutw Lmmc Stylc— Bttwun irSIA/STOKE/IWA t. Ketone Fwtong S'poct L3g fo* mum 7/1 5/1 V® cnhw MOU PEKTMM 10/1 REGULAR MPM/STRMTS/MPMI SERVICES LMCOR h Nrt **£Sm EAST ASM StVfMG SON. BHD. f JL T«fc *****2/36 IRC 11. M *****A/S3SIIO cava SWTMfi.
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    • 664 25 BAPID SHIPPING PTE LTD L S'PORE TEL: *****44 TLX: ***** K.L. TEL: *****5 8 *****0 Fa LCL LOAHNG FOR FAR EAST Mil, CMu. Bn. Km/Km, BKK MAURITIUS UK/EUMK AUSTRALIA Ldn, Rd*n, Aworp, Hburg Syd, Mai, Bri, Ada. Fre 8/8 15/1 29/1 29/9 15/8 29/8 J/8 25/8 ILM CONVENTIONAL/CMITMNER SERVICES TO
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    • 94 25 P-L MM PTE LTD MMMMM tam ram mu Tit m n*i wkw iwl: rrfmumm ACCEPTING BOTH FCL AND LCL H wnsmmxmn w^m r-t UN LIN SHIPPING PTE. LTD. 1. Magutrw Road. Nl-Ot Cantral BuMdtog. T f f T 0105 Tat 533M14 ft 533W23 WEEKLV SERVICE SINGAPOPE TO KUCHING SIBU VESSEL
      94 words
    • 14 25 LIZENA PTE LTD CTI STOK 17 a* Sm* LOW COTONOU. LAGOS. HIT ML I
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  • Page 26 Advertisements
    • 357 26 STONEAGE osipioral TO msmuKM. lotcm FOK AUSTRALIA 9/t, 17/9. 25/1. 31/« Syrfatr, 1Mb mr ZEAUUC l«/«, 22/1, 11/9 Audita* WAftwAytWw, IfapMr ft Nav PfjwaMi ILUL 12/1, 19/1. 2/9 M/fhst Cnst ft Ml pals HONG KONG/CMNA 15/«. W«. 23/1 Ha* K«t ft mj« GNmm pi TMMLMf) 7/«, 11/1, 14/1, lt/l Batfnk
      357 words
    • 408 26 LUCKY SEAWAY SERVICES 89 Short Street, 10 07/08 Golden Wall A.ito Centre, S pore, 07 18 Tel *****55 Tlx 2606 J S PORE TO COLOMBO/MADRAS S PORE TO EAST ft WEST MALAYSIA Vessel FONG SIANG NO 1 FONG SIANG NO 2 PK PNG SABAH 26 Auf 24 Am 10 Auf
      408 words
    • 530 26 C.Y. LINE (A Mtmbtr Of Th* ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAIERISED SERVICE TO EUROPE («A SUEZ) OCVMVE* w 4M TIANSNORID MOO 2(11 CWM COHTWO 31* CICVAICI «oa 44W FULLY CONTAINERISED SERVICE FROM EUROPE (\M SUEZ) KOREAN CHANCE *22E mi contakr 4* ORKNTM OK 441 KOKM IKtM
      530 words
    • 582 26 Everett Lines COMPAMA PERUANA DC VAPOREES (CJ>.V.) "PERUVIAN STATE LINE" I(MdN« t0( CjtM Matattn kM4 othtc Faranaa parts antk it Rate Or CPV Through MK ot iKhnf to tMI destitution THONASEVEKETT HUGHEVEAETT MAMXOfWKTT P. Rata* 5/7 J* 19/21 A* 29/31 N Stalin+ «/9 A«c 22/23 tm, 1/2 Sep TMOMASEVEXETT MIOEKRETT
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    • 209 26 ZIM fPHFTIFTIRTI mt'ftjtT'it'ii inT l i *sm. its «XL ISIJS 1 (ESQ. 123 IK 31IH 23 J IS 1« IHJJS IIUJt I*l® 2J.IJS I 2 ICIJ I S IMS P-MJI Fwte. Mm LCL/fa la 4 C X srnnrr ii' mm mil tmmi vii T itai m r/ i ALSO MXCPTMC
      209 words