The Business Times, 5 August 1985
1985-08-05
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The Business Times
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Title Section12 1985-08-05 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, AUGUST 5, 1985 60 CENTS12 words
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530 1985-08-05 1 AMY BALAN - 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 the530 words
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523 1985-08-05 1 FOO CHOY PENG - 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 have523 words
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Article203 1985-08-05 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
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379 1985-08-05 1 CHUANG PECK MING - 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 and379 words
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128 1985-08-05 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 inReuter - 128 words
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Page 1 Advertisements
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Advertisement170 1985-08-05 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 to170 words
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Advertisement394 1985-08-05 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 9394 words
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Advertisement61 1985-08-05 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 Executive61 words
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Advertisement152 1985-08-05 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 to152 words
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MANAGEMENT
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1908 1985-08-05 2 MICHAEL DIXON - 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 inFT - 1,908 words
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Article, Illustration1157 1985-08-05 2 KEITH WHEATLEY - 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, when1,157 words
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FRONTIERS
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Article, Illustration294 1985-08-05 3 LEE HAN SHIH - 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 to294 words
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Article107 1985-08-05 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 study107 words
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Article343 1985-08-05 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 suchNYT - 343 words
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Article, Illustration581 1985-08-05 3 TSANG SAU YIN - 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 plane581 words
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1082 1985-08-05 3 YAP BOH HOON - 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 relations1,082 words
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Article255 1985-08-05 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 hectic255 words
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Page 2 Advertisements
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Advertisement160 1985-08-05 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 dinners160 words
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Page 3 Advertisements
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Advertisement93 1985-08-05 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 assembly93 words
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Advertisement215 1985-08-05 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 (the215 words
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OVERSEAS
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Article585 1985-08-05 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 mentionedAFP - 585 words
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312 1985-08-05 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 expectedAP - 312 words
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Article177 1985-08-05 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 withReuter - 177 words
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162 1985-08-05 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 newspaperReuter - 162 words
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257 1985-08-05 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 industryAP - 257 words
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454 1985-08-05 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, MrAFP - 454 words
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Article, Illustration381 1985-08-05 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 theAP - 381 words
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179 1985-08-05 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 racialBernama - 179 words
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220 1985-08-05 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 heUPI - 220 words
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Article784 1985-08-05 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 0945784 words
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Article, Illustration384 1985-08-05 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 presidentReuter - 384 words
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753 1985-08-05 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 inUPI; NYT - 753 words
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325 1985-08-05 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 theReuter - 325 words
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464 1985-08-05 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 weekendAP - 464 words
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227 1985-08-05 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 veryAP - 227 words
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Article65 1985-08-05 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 inAP - 65 words
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Article, Illustration317 1985-08-05 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 spendingReuter - 317 words
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288 1985-08-05 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 pressUPI - 288 words
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Page 4 Advertisements
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Advertisement171 1985-08-05 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'171 words
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Advertisement6 1985-08-05 4 EanAm's747SP fastest Daily to > San Francisco.6 words
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Page 5 Advertisements
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Advertisement20 1985-08-05 5 ~70 H L. i BUSINESSMAN OF THE YEAR Jointly organised by Business Times and DHI. lntcrnjtmn.il (S) Ptc l td20 words
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Advertisement149 1985-08-05 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 Information149 words
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Page 5 Miscellaneous
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Miscellaneous82 1985-08-05 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 TOP82 words
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BANKING AND FINANCE
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545 1985-08-05 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 PresidentAP; Reuter - 545 words
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236 1985-08-05 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 internationalAP - 236 words
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404 1985-08-05 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, underNYT - 404 words
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Article82 1985-08-05 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 President82 words
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165 1985-08-05 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 totalNYT - 165 words
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Article192 1985-08-05 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 equivalentReuter - 192 words
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Article103 1985-08-05 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 committedReuter - 103 words
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MONEY AND EXCHANGES
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Article, Illustration516 1985-08-05 6 NNCATTS the average $f the prime Mbg rat» af 12 ma jar baits aparatfcn to Sinfaporf PLR of bonks ot the dose of business on Friday, Aug 2 os supplied by the Association of Banks in Singapore. BANK PLR Algemene Bank 8 W Americon Express Bank 9516 words
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Article272 1985-08-05 6 ASIAN currency average deposit rates for the week ended Aug 2 BID PRICES High Low us$ 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 9272 words
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332 1985-08-05 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 areAP - 332 words
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244 1985-08-05 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 ofGreen & Collier - 244 words
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205 1985-08-05 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 overOCBC - 205 words
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Page 6 Advertisements
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Advertisement49 1985-08-05 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 CS49 words
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Advertisement149 1985-08-05 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 an149 words
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SPORTS
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Article, Illustration499 1985-08-05 7 BRIAN MILLER - 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 Timah499 words
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Article, Illustration333 1985-08-05 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 Pam333 words
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440 1985-08-05 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 doUPI - 440 words
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507 1985-08-05 7 WALTON MORAIS - 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 dropping507 words
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Article377 1985-08-05 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
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Article183 1985-08-05 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
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269 1985-08-05 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 PeterUPI - 269 words
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Article268 1985-08-05 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 setUPI - 268 words
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380 1985-08-05 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 36th380 words
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244 1985-08-05 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 theAFP - 244 words
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Page 7 Advertisements
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Advertisement560 1985-08-05 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 the560 words
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FEATURES
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Article, Illustration1686 1985-08-05 8 JUNE LIM - 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.1,686 words
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Article, Illustration595 1985-08-05 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 InternationalReuter - 595 words
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350 1985-08-05 8 Brace A Coatl - 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 for350 words
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Article136 1985-08-05 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 point136 words
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Page 8 Advertisements
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Advertisement243 1985-08-05 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 the243 words
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Page 8 Miscellaneous
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Miscellaneous29 1985-08-05 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/29 words
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THE ARTS
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Article891 1985-08-05 9 MARIE DAVID - 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 it891 words
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Article, Illustration484 1985-08-05 9 XI YING CHERN - 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 given484 words
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Article, Illustration572 1985-08-05 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 andNYT - 572 words
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Page 9 Advertisements
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Advertisement83 1985-08-05 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:83 words
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Page 9 Miscellaneous
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Miscellaneous1139 1985-08-05 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.1,139 words
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Miscellaneous682 1985-08-05 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, possibly682 words
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INTERNATIONAL STOCKS
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253 1985-08-05 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 saidReuter - 253 words
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Article255 1985-08-05 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 607255 words
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362 1985-08-05 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 IndustrialReuter - 362 words
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Article188 1985-08-05 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 -4188 words
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Article115 1985-08-05 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.115 words
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Article684 1985-08-05 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#684 words
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Article638 1985-08-05 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 +1.7638 words
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117 1985-08-05 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. TheReuter - 117 words
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Article27 1985-08-05 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. RenterReuter - 27 words
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Page 10 Advertisements
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Advertisement520 1985-08-05 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 I520 words
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Advertisement117 1985-08-05 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 while117 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration748 1985-08-05 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, theNYT - 748 words
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867 1985-08-05 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 expertiseNYT - 867 words
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144 1985-08-05 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 rightsReuter - 144 words
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Article35 1985-08-05 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. NYTNYT - 35 words
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Page 11 Advertisements
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Advertisement653 1985-08-05 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 Coffee653 words
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Advertisement70 1985-08-05 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 Thur70 words
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RAW MATERIALS
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Article, Illustration438 1985-08-05 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 conveyedBernama - 438 words
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457 1985-08-05 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 because457 words
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Article952 1985-08-05 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 a952 words
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Article216 1985-08-05 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 j216 words
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377 1985-08-05 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 CubansReuter - 377 words
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Article254 1985-08-05 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 dampener254 words
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99 1985-08-05 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 theReuter - 99 words
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Article215 1985-08-05 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 to215 words
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169 1985-08-05 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 basedReuter - 169 words
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Article33 1985-08-05 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
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Article148 1985-08-05 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 Mixed148 words
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Article133 1985-08-05 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 bought133 words
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Article158 1985-08-05 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 lastReuter - 158 words
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Page 12 Advertisements
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Advertisement136 1985-08-05 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 the136 words
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Advertisement366 1985-08-05 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 that366 words
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MARKET REVIEWS
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Article, Illustration5458 1985-08-05 13 HOMER CHEN - 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 Industrial5,458 words
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277 1985-08-05 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 poorReuter - 277 words
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Article579 1985-08-05 13 JULIANA TAY - 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. City579 words
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Article350 1985-08-05 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 theBCI - 350 words
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Article1508 1985-08-05 14 GERALD COLVERD - 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 911.01,508 words
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124 1985-08-05 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 on124 words
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335 1985-08-05 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 theSHK Research - 335 words
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665 1985-08-05 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 atAFP; AP - 665 words
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Article333 1985-08-05 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 forAFP - 333 words
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946 1985-08-05 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 market946 words
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Page 14 Advertisements
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Advertisement553 1985-08-05 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 and553 words
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COMPANY NEWS
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401 1985-08-05 15 NAJEEB JARHOM - 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 $2.25 cash offer to the rest of the insurance company's shareholders until Aug 23. Three independent401 words
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Article, Illustration717 1985-08-05 15 msm mm*» By HOCK LOCK SIEW THE CALL TO SET UP a capital market commission as a one-stop agency for the securities market has roused a great deal of interest in corporate circles in Kuala Lumpur. It seems odd that such a suggestionBy HOCK LOCK SIEW - 717 words
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Article444 1985-08-05 15 LAST FULL YEAR Company Period Dote announced last yea* Yeer Met IPS (centi) Grm dn> Net pfOTtt ($*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 Dec444 words
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Article46 1985-08-05 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 1546 words
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Article119 1985-08-05 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'wo119 words
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Article, Illustration1074 1985-08-05 15 HOMER CHEN - 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 debts1,074 words
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Article70 1985-08-05 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 MBf70 words
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Article108 1985-08-05 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
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601 1985-08-05 15 RAMESH CHANDIRAMANI - 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 make601 words
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Page 15 Advertisements
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Advertisement436 1985-08-05 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 of436 words
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504 1985-08-05 16 NAJEEB JARHOM - 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 in504 words
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Article, Illustration640 1985-08-05 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 political640 words
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286 1985-08-05 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 wereAFP - 286 words
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89 1985-08-05 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 meetingReuter - 89 words
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224 1985-08-05 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 forumReuter - 224 words
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Article89 1985-08-05 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 lastReuter - 89 words
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180 1985-08-05 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 interested180 words
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390 1985-08-05 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 aReuter - 390 words
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Article107 1985-08-05 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 planesAFP - 107 words
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141 1985-08-05 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 Armed141 words
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Article, Illustration53 1985-08-05 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 if53 words
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110 1985-08-05 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 roseAFP - 110 words
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LATE FILE
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Article76 1985-08-05 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 rateAFP - 76 words
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Article64 1985-08-05 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 toldReuter - 64 words
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Article41 1985-08-05 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. ReuterReuter - 41 words
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Article56 1985-08-05 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 membersReuter - 56 words
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Article50 1985-08-05 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. ReuterReuter - 50 words
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Article57 1985-08-05 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 expressReuter - 57 words
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Article39 1985-08-05 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
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Article50 1985-08-05 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. ReuterReuter - 50 words
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Article63 1985-08-05 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 LankaReuter - 63 words
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Page 16 Advertisements
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Advertisement248 1985-08-05 16 1985 Franchising Conference The Problems and Promises of FRANCHISING in Singapore and Asia in the 80's Shangri-La Hotel, August 21, 1985 Franchising offers substantial benefits to both growing and established companies. Franchising provides rapid expansion with limited capital. It is a sophisticated form of capital raising without giving up equity,248 words
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Advertisement13 1985-08-05 16 Tighten-up your frame Let Sevvy Ballesteros show you how In HT every Tuesday.13 words
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Page 16 Miscellaneous
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Miscellaneous62 1985-08-05 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 Rainfall62 words
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SHIPPING TIMES
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Article105 1985-08-05 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 tanksReuter - 105 words
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448 1985-08-05 17 G DURAIRAJ - 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 importer448 words
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213 1985-08-05 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 the213 words
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203 1985-08-05 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 fromAFP - 203 words
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PORTSIDES
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Article68 1985-08-05 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 majorUPI - 68 words
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Article68 1985-08-05 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 journey68 words
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Article41 1985-08-05 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. ReuterReuter - 41 words
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913 1985-08-05 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 theFairplay - 913 words
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Article156 1985-08-05 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 of156 words
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Article72 1985-08-05 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. TwoReuter - 72 words
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Article959 1985-08-05 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$lO for a 5 2,000 ton cargo from the US Gulf to Japan aboard the Festival with Aug 18-25 loading, while ADM arranged959 words
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Article890 1985-08-05 18 A Top Ent X 4 AB Shpg V 5 Afea Line VI 3 Affinity Shpg X 1 Ahrenkiel Liner X 1 AC Toepfer X 5 APC Line V 4 APL 1 2/3 Antoh Orient X 3 Arrow Lines X 5 Artos Lines X 2 Anro Service IV890 words
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196 1985-08-05 19 Reuter A COALITION of public officials, labor unions, farm groups, business organisations, and shippers in the United States have asked the Congress to approve a public sale of shares of railway company Conrail. The coalition for a competitive conrail, said transportation secretary Elizabeth Dole'sReuter - 196 words
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567 1985-08-05 19 Lloyd's List INCREASED demand on the North American routes has resulted in Japanese shipping line Mitsui OSK achieving a substantial gain in consolidated net earnings, while internal reorganisation moves have pruned back the losses of fellow operator Japan Line. In the financial year endedLloyd's List - 567 words
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274 1985-08-05 19 Sea trade Week EIGHT KOREAN owners in the deepsea section have filed applications with the KMPA for 18 newbuildings of 918,880 grt under the 10th government-fnanced newbuilding scheme. The figure is about three times higher than the KMPA's tonnage allocation of 260,000Sea trade Week - 274 words
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Article249 1985-08-05 19 THE DENVER, a 1963built bulk carrier of 8,700 light tons, is said to be still on offer, with the recent report of it being sold to China for about US$ll2 per light ton now known to have been incorrect. The sale of the Somali Navigator, livestock carrier of249 words
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Article189 1985-08-05 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
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105 1985-08-05 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 FntaReuter - 105 words
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2986 1985-08-05 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
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Article802 1985-08-05 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 APL802 words
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Article1713 1985-08-05 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
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Article326 1985-08-05 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 06326 words
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Page 17 Advertisements
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Advertisement777 1985-08-05 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/*****01777 words
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Advertisement68 1985-08-05 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 II68 words
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Advertisement946 1985-08-05 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 t946 words
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Page 18 Advertisements
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Advertisement446 1985-08-05 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
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Advertisement415 1985-08-05 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 remains415 words
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Page 19 Advertisements
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Advertisement1036 1985-08-05 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 14/91,036 words
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Advertisement639 1985-08-05 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 21639 words
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Page 20 Advertisements
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Advertisement685 1985-08-05 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 29/9685 words
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Advertisement244 1985-08-05 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 KOKM244 words
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Advertisement571 1985-08-05 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 nu571 words
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Advertisement659 1985-08-05 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 3659 words
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Advertisement284 1985-08-05 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 LINE284 words
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Page 21 Advertisements
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Advertisement599 1985-08-05 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 SERVICE599 words
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Advertisement703 1985-08-05 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 Uri703 words
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Advertisement312 1985-08-05 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 Btt312 words
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Advertisement561 1985-08-05 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 SULK561 words
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Page 22 Advertisements
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Advertisement1189 1985-08-05 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 JOHORE1,189 words
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Advertisement557 1985-08-05 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>« RAWAS557 words
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Advertisement468 1985-08-05 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) SWTMG468 words
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Advertisement404 1985-08-05 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 KALIMANTAN404 words
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Page 23 Advertisements
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Advertisement721 1985-08-05 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 3K721 words
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Advertisement548 1985-08-05 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 ■U548 words
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Advertisement594 1985-08-05 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 *****6/8594 words
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Page 24 Advertisements
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Advertisement657 1985-08-05 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 TO657 words
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Page 24 Miscellaneous
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Miscellaneous153 1985-08-05 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 wind153 words
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Page 25 Advertisements
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Advertisement201 1985-08-05 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.201 words
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Advertisement664 1985-08-05 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 TO664 words
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Advertisement94 1985-08-05 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 VESSEL94 words
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Advertisement14 1985-08-05 25 LIZENA PTE LTD CTI STOK 17 a* Sm* LOW COTONOU. LAGOS. HIT ML I14 words
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Page 26 Advertisements
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Advertisement357 1985-08-05 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 Batfnk357 words
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Advertisement408 1985-08-05 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 Auf408 words
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Advertisement530 1985-08-05 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 IKtM530 words
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Advertisement582 1985-08-05 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 MIOEKRETT582 words
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Advertisement209 1985-08-05 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 MXCPTMC209 words
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