The Business Times, 13 August 1985
1985-08-13
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The Business Times
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Title Section12 1985-08-13 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, AUGUST IS, IMS 60 CENTS12 words
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Article, Illustration635 1985-08-13 1 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent THE EXPORT CREDIT Insurance Corporation of Singapore (teCKS) is back on the profit path thanks to lower claims paid and higher claims recovECICS yesterday announced a net operating surplus of $1.2 million for the first half635 words
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451 1985-08-13 1 JUNE LIM - By JUNE LIM FOUR MAJOR ship-repairers in Singapore have proposed a way of rationalising their repairing capacity the yards will use the docks 20 days in a month. However, the yards do not have to adhere rigidly to the rule. If work on451 words
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393 1985-08-13 1 ALVIN TAY - Benefits will spill over to related industries By ALVIN TAY TWO MORE multinational corporations have set up captive insurance companies which will generate spin-off benefits for related industries. The Monetary Authority of Singapore is confident that more captive insurers, writing only in-house insurance business of393 words
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138 1985-08-13 1 Reuter HONGKONG DECLARED WAR yesterday on shop owners who cheat tourists and damage the British colony's reputation as a shoppers' paradise. The government said it would give tourists instant access to courts, toughen laws against shops which lie about their goods and give theReuter - 138 words
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Article, Illustration32 1985-08-13 1 The Straits lines Industrial Index eAassi US petals Iswer at 7BIJS wMfc Ike BT Ciwsidte Index Asi «JB pstats teMMft. Tradtag was anrked by dso- amsssssM Mfit Blittp#rf"tai64 Twliotj» flriiij32 words
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461 1985-08-13 1 SINGAPORE'S $2 billion petrochemical complex is pressing ahead with further investments in spite of doubts about its future prospects. During its first year of operations, from February 1964 to February this year, it incurred a loss of almost $30 million, less than461 words
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317 1985-08-13 1 Bernama THE FIVE Malaysian National Joint Councils (staff side) have threatened to make a Joint declaration on Jan 1 that they will reject the Barisan Nasional leadership if the government does not meet their salary claims by then. "We mightBernama - 317 words
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Page 1 Advertisements
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Advertisement75 1985-08-13 1 (.]-|*"}+]'<;@$+,,:)$@,`;[|'}'| puts Distinctive Elegance into your Lifestyle. S 0 o<><k4 '■'v'C -vV VVV V V > >, vOV" V V< <>. < <H- \-cw Infinity oo Bath WHIRLPOOL K 1482 Enhance and enrich your life, with Kohler's luxurious baths and showers. Bold styles and sizes Flituristic designs. Kohler has something75 words
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Advertisement260 1985-08-13 1 SHARE MFORMATION MONEY ft EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV ft RADIO DOONEMURY BRMTOW OUR VIEW THE SINGAPORE and Kuala Lumpur stock exchanges are in effect one market served by two exchanges. But in recent months the market has started to develop a split personality as Kuala Lumpur strives to260 words
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Advertisement0 1985-08-13 1 :@-<,**=&&[_<':))`[:.]\]``?|>&&0 words
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Advertisement169 1985-08-13 1 Nikon THE WORLD'S Slk'W PHOTOGRAPHIC SYSTEM `%$-.@!<{%*\~&%+_-_'>?,^&$|+((. Easier payment, please BANKS should drow up more liberal terms to give property auctions a boost much needed in the current downturn, soy real estate auctioneers. Especially so as mortgaged properties now number close to 90 per cent of properties at auctions. Turn169 words
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HOME NEWS
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478 1985-08-13 2 JEFFREY TBANG - By JEFFREY TBANG A QUANTITY SURVEYORS Act has been proposed by the Singapore Institute of Surveyors and Valuers to ensure standards among property managers. The Singapore Institute of Surveyors and Valuers (SISV), which made the proposal to the government, said this was necessary478 words
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172 1985-08-13 2 ABOUT 30 PEOPLE have signed up for the fourth real estate agency course organised by the Singapore Institute of Surveyors and Valuers. The nine-session course, which started yesterday, is being held at the Miramar Hotel for a duration of nine weeks. Mr Lee See172 words
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Article, Illustration304 1985-08-13 2 LISA LEE - By LISA LEE SINGAPORE has the potential to become a regional centre for building services and maintenance, said the chairman of the Construction Industry Development Board (CIDB). Mr Yap Neng Chew said yesterday that contractors should also go into the maintenance and renovation market304 words
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304 1985-08-13 2 EMPLOYEES WHO KNOW how well their company is doing will be more flexible and prepared to make sacrifices such as forgoing their NWC increases, said Mr Wong Kan Seng, the Minister of State for Community Development and Communications and Information, yesterday. Union leaders and304 words
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239 1985-08-13 2 JOB ENLARGEMENT where each worker takes on the tasks of more than one job was advocated yesterday at the Hitachi Zosen Robin Dockyard's National Day rally. Managing director K Mito said the "bad times" now made it vital for the company to adopt the multi-skills concept.239 words
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Article563 1985-08-13 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Aug 13 Industriol Singapore Singapore Manu*****11 Sep 24 Electronics Polytechnic facturers' Asso- ciation Technical Training Centre Aug 14 Systems Development WTC Convention Singapore *****47 Productivity Centre Exhibition v Services Aug 14-15 Achieving Better SIM Conference Singapore *****66 Performonce Room Institute563 words
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285 1985-08-13 2 AN AMERICAN specialtychemicals maker has set up a regional information and sales office in Singapore, its first in the AsiaPacific. Angus Chemical Company, Singapore, will give sales and technical support to distributors of the group's products in Asean countries, Korea, Taiwan, Japan, India285 words
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Article213 1985-08-13 2 THE TRADE Development Board is sponsoring a national pavilion at the Machine Asia Industrial Trade Fair '85 next month to project the capabilities of local sub-contracting, Support and services companies. It will be aimed at the Asean countries, which it sees as a major market for213 words
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Article, Illustration261 1985-08-13 3 A PERSONAL EXPERIENCE helped the Minister of State (Education) Dr Tay Eng Soon learn that art and classical music appreciation can only be nurtured through formal education, regular exhibitions and concerts. Sharing his experience at the opening ceremony of the Asian Pacific261 words
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Article124 1985-08-13 3 A TWO-WEEK "Speak More English" campaign will begin today at the Ngee Ann Polytechnic to get students to speak more English outside classes. The student population is mainly English-educated but a polytechnic spokesman said there was a strong tendency among students to use dialects outside classes. She124 words
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Article, Illustration188 1985-08-13 3 SALES WORTH MORE THAN $1 million were reported by exhibitors at the Jewel Fair '85, held from July 27 to Aug 4 in conjunction with the Trade and Industry Fair. A further $1 million worth of sales are expected from leads and enquiries188 words
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Article, Illustration365 1985-08-13 3 SINGAPORE IS THE only country in the world that requires US meat and poultry exporters to seal their containers with the US Department of Agriculture seal. US officials decided that this rule was "not unreasonable" once they learnt the reason for it.365 words
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Article119 1985-08-13 3 THE director-general of political affairs on Asia and Oceania from the Ministry of Foreign Affairs of Iran arrived in Singapore last night for a threeniay visit. Dr Ali Ahani will meet the director of policy planning and analysis division of the Ministry of Foreign Affairs, Mr Barry119 words
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Article64 1985-08-13 3 THE MINISTRY of the Environment advises the public not to drink an Italian white wine called Soave Bellino, following the discovery of a toxic agent, diethylene glycol, or antifreeze, in a bottle of the wine in Japan recently. Tests are now being carried out and the64 words
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Article152 1985-08-13 3 I RESULTS FROM THE Ministry of Education showed that about i 81 per cent of 'A' level students passed the mid-year second lan- guage examinations held in June this year. Of the 6,709 students who sat for the examinations, about 5,430 passed. A breakdown in152 words
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221 1985-08-13 3 BRIAN GOMEZ - By BRIAN GOMEZ A SINGAPORE DEALER in flexible hose products has built a $250,000 joint venture manufacturing plant in Pasir Gudang, Johore, together with its New Zealand partner, Dunlop Flexible Hoses Ltd. A spokesman for the Singapore firm,221 words
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697 1985-08-13 3 YAP BOH HOON - Tenders for project restricted to CIDB contractors By YAP BOH HOON HIAP SHING CONSTRUCTION, a local company, has been awarded a $2.67 million contract for earthworks at the Ulu Pandan station by the Mass Rapid Transit Corporation. Hiap Shing, which clinched the deal697 words
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394 1985-08-13 3 THE PUBLIC WORKS Department recently awarded a $5.1 million contract for a road widening project which attracted 19 companies to submit highly competitive bids. Quotes ranged from $5.1 million, the lowest bid, to a high of |7.6 million with seven companies submitting bids which394 words
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Page 2 Advertisements
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Advertisement273 1985-08-13 2 Modern Engineering Technology Seminar Design fools Computer Peripherals WTC Convention Centre (19-21 August 1985) Monday. 19th August 1985 Opening address by Dr Tay Eng Soon, Minister of State for Education, Communications and Information. Development of Industrial Technology Dr Ken Tong GTE Taicom VLSI Microprocessor Design Trends Dr Tao-Yuan Wu VLSI273 words
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Advertisement53 1985-08-13 2 In Singapore our faultless service is only matched by our spectacular architecture. THE PAVILION INTER- CONTINENTAL SINGAPORE 'L-i {'j .y V; I iZTT f THE ADVANTAGE IS INTER CONTINENTAL 0 INTER- CONTINENTAL HOTELS Onr Cincjdrn Rivid. Sinn««pore 1024 Phone *****W Tele*: RS ***** SINIHC For reservations call your favourite airline53 words
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Page 3 Advertisements
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Advertisement52 1985-08-13 3 BALLY of Switzerland meets the challenge oftoday mi A member of the MBM Group The Best of BALLY Is To Be Found At MELWAINI boutiques hommes #02-14/15, Shaw Centre Tel: *****42 #02-23, Plaza Sineapura Tel: *****29 #01-26/27, Specialists' Centre Tel: *****54 e #03-06/07 Scotts Shopping Centre Tel: *****60 Also open52 words
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Advertisement129 1985-08-13 3 r n n fr M -9 f f. u ■rr > swt t i Live it up: with Black Label or Courvoisier X.O. From Ist August to 30th September 1985. just order a Johnnie Walker Black Label or a Courvoisier X.0.... or a cocktail with either of these liauors as129 words
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OVERSEAS
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Article445 1985-08-13 4 Results reflect weak economic growth NYT WEAK ECONOMIC GROWTH in the US led to lacklustre corporate earnings in the second quarter, with the bright spots overwhelmed by depressed profits in a wide range of industries. The profits picture was disappointing but not unexpected given theNYT - 445 words
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274 1985-08-13 4 THE UK ECONOMY is expected to grow by 3.5 per cent this year and by 3 per cent in 1966, according to Midland Bank in its latest review published yesterday. This year's growth will include some bounce-back from the ending of the coal dispute,274 words
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Article, Illustration207 1985-08-13 4 AP PRESIDENT REAGAN flew to his mountain-top California ranch on Sunday for three weeks of recuperation from cancer surgery. Mr Reagan and his wife, Nancy, arrived at the Point Mugu Naval Air Station aboard Air Force One, then boarded a helicopter for aAP - 207 words
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201 1985-08-13 4 UPI THE REAGAN Administration has abandoned its policy of "bleeding" the Soviet Union in Afghanistan, paving the way for a negotiated settlement to the Afghan problem, The Observer newspaper reported. The White House immediately denied the report, which cited well-placed diplomatsUPI - 201 words
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407 1985-08-13 4 Reuter MOSCOW WANTS Western Europe to act as a bridge with Washington in the run-up to November's summit in Geneva between President Reagan and Kremlin leader Mikhail Gorbachev. A top Soviet commentator, Alexander Bovin, said in the government newspaper Lzvestia during theReuter - 407 words
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Article198 1985-08-13 4 AFP THE US DID NOT consider a nuclear strike during Richard Nixon's presidency, said the former American national security adviser, Henry Kissinger, In an interview with The Washington Post on Sunday. Mr Nixon told Time magazine last month that he had considered "the nuclear option" fourAFP - 198 words
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152 1985-08-13 4 UPI AMERICAN newspaper reporters and editors are more liberal than the general public, but readers believe Journalists remain impartial in presenting the news, a national survey revealed. The Los Angeles Times pall also found that most people believe the news media newspapers, television, magazinesUPI - 152 words
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Article110 1985-08-13 4 AP THE AUTHOR of a voluntary code (or American companies doing business in South Africa said that he would suggest that they pull out of the country if apartheid was not abolished within two years. The Reverend Leon Sullivan said yesterday that be would also call for divestmentAP - 110 words
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249 1985-08-13 4 NYT A SMALL CLOUD of toxic chemicals escaped from a Union Carbide plant near Charleston, West Virginia, and at least 120 residents were treated for eye, throat, and lung irritation. The chemical that escaped on Sunday was identified as aldicarb oxime, whichNYT - 249 words
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352 1985-08-13 4 UPI THE SOVIET government spends as many rubles on chauffeurs and cars for officials as it does for all public transport across the Soviet Union, according to an official newspaper. "If only 10 per cent of officials sat down behind the wheelUPI - 352 words
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Article861 1985-08-13 4 Operator ARRIVALS Service Local Fro»n SV PAA SV379 PA2I time 0115 0020 SEL LAX/TYO/HKG CAL CAL OA MAS MAS MAS OA MAS MAS SIA RBA CPA OA Q34I CI337 GA7215 MH601 MH681 MH603 GA7II5 MH8I i MH671 SQ103 BM2I CX710 GA960 0255 0255 0640 0720 0620 0905861 words
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318 1985-08-13 5 AFP FOREIGN AND LOCAL investors in the Philippines remain bearish about the country's economy in spite of firm signs of a' recovery from a crippling crisis that struck in late 1983. Speakers at a press forum in Manila yesterday cited political uncertainty and peace-and-order problems amongAFP - 318 words
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172 1985-08-13 5 AFP GOVERNMENT and church leaders in the Philippines have agreed on a plan to lease idle sugar lands to displaced workers in Bacolod, the centre of the troubled Philippine sugar industry. Government officials led by Labour Minister Bias Ople met Bacolod Bishop AntonioAFP - 172 words
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94 1985-08-13 5 AFP THE TAIWANESE Cabinet has agreed in principle to cut corporate and personal income tax in a move to stimulate investment. A Cabinet statement said a proposal recently approved would reduce corporate tax from the current 30 per cent to 15 or 20AFP - 94 words
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206 1985-08-13 5 AFP POLITICAL and economic uncertainty in Taiwan has pushed the island's economy to the verge of crisis, according to a report on an economists' forum in Beijing. The collapse early this year of the Cathay group was an earthquake thatAFP - 206 words
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335 1985-08-13 5 Growth of 4.5 to 5 per cent Bernama MALAYSIA's economy grew at an annual rate of 4.5 per cent to 5 per cent during the first quarter of this year, down from 6.7 per cent for the last three months of 1984. Bank NegaraBernama - 335 words
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161 1985-08-13 5 Bernama MALAYSIA'S Deputy Prime Minister Datuk Musa Hitam said yesterday that ignorance of the law was no excuse for visitors to Malaysia to escape the country's stringent legislation against possession and trafficking of drugs. Any foreigner coming to Malaysia could notBernama - 161 words
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Article, Illustration45 1985-08-13 5 THE MOTOR CYCLE will celebrate its 100 th anniversary on Aug 29. The first motor cycle in the world, Gottlieb Daimler's "riding car", shown above, had its patent issued on Aug 29, 1885. Its 0.264-litre engine delivered 0.5 HP at 600 rpm.45 words
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Page 4 Advertisements
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Advertisement90 1985-08-13 4 Come and celebrate with us AOTEL#MM\H COFFEE HOUSE 2OTHYIAROF INDEPENDENCE BURET We are celebrating in true Singapore style with a special buffet featuring 20 of Singapore's most popular dishes. Come and taste a little bit of Singapore's history with such popular favourites as Soup Kambing, Mushroom in oyster sauce, Fish90 words
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Advertisement8 1985-08-13 4 '|U n RuiAm s^7SP Easiest Daily to New\brk.8 words
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Page 5 Advertisements
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Advertisement198 1985-08-13 5 Thai Royal Executive Class. We go to great lengths to please. v k A t Thai, we go to such lengths to please you You can actually measureour smooth- asL silk service against other airlines. fc if* aJHH KJ% Our Royal Executive Class offers longer legroom than any y other198 words
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Page 5 Miscellaneous
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Miscellaneous24 1985-08-13 5 Doonesbury 11 M w 1 >/ sv S5 2S m >ir» 1 19 SM V >. BY GARRY TRUDEAU t s>. re 0 tun r i!L24 words
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RAW MATERIALS
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466 1985-08-13 6 Reuter INDONESIA, after dramatically boosting rice output, is now facing major storage and price problems which are threatening to undermine the food policies of the world's fifth biggest nation. Good weather, new "miracle" rice strains and government subsidies have combined with Java's richReuter - 466 words
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Article698 1985-08-13 6 COFFEE ROBUSTA futures yesterday were thinly-traded, although firmer sterling against the dollar resulted in midday losses of £27 to £31 a tonne from Friday. November traded last at £1,695, down £31 from Friday, and compared with a high/low of £1,714/1,690. Turnover was 969 lots including 146 crosses. SUGAR698 words
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Article169 1985-08-13 6 WITH MOST operators on the sidelines, ahead of the Inro special session here today and tomorrow, prices on the Malaysian crude palm oil market eased on late selling and buyer reserve, in sympathy with a weaker Chicago soybean complex close. A continuing lack of overseas demand for processed169 words
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Article224 1985-08-13 6 SINGAPORE THE MARKET yesterday closed easier with September One RSS buyers quoted at 164.75 cents per kilo, down 4.75 cents from last Thursday's close. The market opened one cent lower and fell further in subsequent trading on long liquidation and speculative selling in light trading. Trading in forwards and224 words
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Article215 1985-08-13 6 Singapore (St/Mo. «»-fo4«wi0 Frog font new crop l«t 0B0 2nd 05i 3rd 056 Nr» Crap 25* no Mck 10% no Mock TKoi Broken A-Mjpcr 5p*c>ol Thoi Rice 55% 054 052 no Mock Chino Rice 10% 15% 25% 35% 086 no stock no HoCk no stock Thoi Boiled Rice 5%215 words
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Article104 1985-08-13 6 STERLING'S rise Hiiut the rlnggit yesterday helped pushed np the Kula Lumpur Tin Market price by It cents te M$3M2 per kite, well within the ITA iewer range el 21.15 te S2.M, dealers said. The buffer steck manager was the main buyer but seme lecal interest was neted.104 words
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Article161 1985-08-13 6 Yarn (In HK$ per bole of 400 lb) China carded yarn. cones Blue Phoenix 16'* 2,500 Blue Phoenix 20'* 2,550 Blue Phoenix 32's 3,000 Blue Phoenix 40's 3,350 Carded yarn, hank Blue Phoenix 2l't 2,800 Combed yarn, cones Bkie Phoenix 32's 4,200 Blue Phoenix 40's 4,400 Open-end yarn Blue161 words
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Article151 1985-08-13 6 Chin«M Product Exchange (Sellen' aoon clawno pnc*> on H 12 (SS/100 if) Coconut oil Bui. FOB 100 00 Old drum FOB 117 00 N«w drum FOB 113 00 Copro Matd 0oo%*) S3 buym Pepper Muntok FOB NLW 935 00 Sorowak Wh*# FOB »oq fiW 925 00 Sarawak *p*oai151 words
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Article356 1985-08-13 6 in S cents/kg, FOI boles NOON close Buytn C -it Beyers SeBen Int 1 RSS Prompt 167 50 168 50N 166 00 167 00N lot 1 RSS Sept 85 166 50 167 50 164 75 165.00 Int 1 RSS Oct 85 164.50 165.50 163 00 163.50 Int356 words
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Article106 1985-08-13 6 (ccnti/kg, 1-ton poHctt) CgpT 35 OCT 85 (current month) (forword month) NOON NOON RAS Buyers Setter* ftwyvrs S4m 144 OON SSR 20 141 00 I43.00N 142 00 SSR 50 139 00 141 OON 140 00 142 OON MRELB Buy*n r .u txyars Sdtrt SMR CV 190 00106 words
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Page 6 Advertisements
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Advertisement761 1985-08-13 6 Plan for better business at t ComputerAsiaBs Show and Ser 14-17 August 1935 World Trade Centre Singapore Wednesday 14 August 0900-1700 Systems Development Productivity ~gSjjjjT~ Frederick P Huff Senior Manager W Management Information Consulting Division Arthur Andersen Associates Pte Ltd Mr Huff will trace the systems development lifecycle (design, programming,system761 words
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MONEY AND EXCHANGES
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Article610 1985-08-13 7 SINGAPORE THE US dollar yesterday closed weak- er against most major currencies but above the day's lows In moderate late trading. The dollar recovered in late trading to 2.8030/40 marks on some European short-covering after falling to the day's low of 2.7900. It recovered to 237.55/65 yen in610 words
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Article242 1985-08-13 7 Interbank rates at 3pm yesterday: Nd Offer c ion parity change Locol dollars to 006 unit of foreign currency: US dollar 2 1950 2 1960 ***** -22 15 Sterling pound 3 0159 ***** 7 3469 -58 95 Australian dollar 1 5705 1 5734 3 4286 -54 19 NZ242 words
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Article380 1985-08-13 7 BA futures Inc EURODOLLAR futures yesterday gaped higher due mainly to the successful US Treasury refunding programme last week. After the initial opening at 91.94, the September contract traded higher to 91.98 where strong resistance was found. Liffe opening saw the market locked in a narrow trading range withBA futures Inc - 380 words
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Article242 1985-08-13 7 HONGKONG: GOLD yesterday closed steady in moderate trading despite Mid-East and local profit-taking. However, dealers said buying interest had emerged with the metal's recent breaching of the US$325 an ounce level. Bullion ended at U*****.50/90 an ounce compared with Saturday's 326.20/70 close and the 327.80/328.50 finish in New York242 words
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Article103 1985-08-13 7 THE OVERNIGHT rate on the Singapore interbank money market rose I'/4 point from last Thursday to close at 3V* per cent yesterday. The one-month term rate was down 5/16 point while two- and threemonths rates fell point each. Discount Prices At Soturdoy's close 2 JXS S B,lh 4103 words
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Article, Illustration280 1985-08-13 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at weaker opening levels. Period rates eased between 1/32 and Vfe point at the start. Rates were unchanged thereafter with one, three and six months closing at 7-31/32 7-15/16, B'/s eight and B'/« 8 1 per cent respectively. MUCATES the average280 words
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BANKING AND FINANCE
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426 1985-08-13 7 Reuter FLUSH WITH US DOLLARS from booming export sales around the globe, Japan has be- eome a major force in American bond markets. Last week the US Treasury auctioned a record U5521.75 bil- Hon worth of bonds, repayable over three to 30 years, toReuter - 426 words
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92 1985-08-13 7 Reuter PRESIDENT Jaime Lusinchi of Venezuela has rejected Fidel Castro's proposal to repudiate Latin America's debt, though he supports efforts to ease the repayment burden. Speaking to journalists in Valencia yesterday, he said that Mr Castro's proposals apparently contradict the policy adopted byReuter - 92 words
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Article27 1985-08-13 7 STANDARD CHARTERED Bank has reduced its prime lending rate by half a point to 7.75 per cent. Its savings and deposits rates remain unchanged.27 words
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Article, Illustration862 1985-08-13 7 DAVID GABRIEL - Sang Kancil is BT's financial futures trader. Each Tuesday, this column traces his tactics and strategies on Simex. His starting capital was 5525,000, a sum within the reach of most professionals in Singapore. By DAVID GABRIEL Special Correspondent SANG KANCIL DID NOT do862 words
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303 1985-08-13 7 UPI THE EXECUTIVE BOARD of the International Monetary Fund has approved Argentina's economic plan, allowing the country to obtain additional loans. The IMF approval, following a meeting in Washington, will enable Argentina to borrow immediately roughly US$235 million on its $1.42 billionUPI - 303 words
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Article127 1985-08-13 7 Reuter THE RATE OF money supply growth in the UK is dangerously fast, carrying the threat of higher price inflation, Charterhouse, an investment and banking group, said in its quarterly economic review. But falling interest rates are helping to reduce these inflationary pressures, Charterhouse, aReuter - 127 words
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139 1985-08-13 7 Reuter BANK OF ENGLAND Governor Robert Leigh-Pemberton said that the bank would not allow Japan's four major securities houses to engage in banking in the UK until Japanese authorities audit their accounts, the Nihon Keizai Shim bun reported. The financial daily also quoted himReuter - 139 words
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Page 7 Advertisements
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Advertisement365 1985-08-13 7 Republic National Bank ol New York A subsidiary of REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition (In Thousands) Assets Cash and demand accounts Interest bearing deposits with banks Precious metals Investment secunties Trading account assets Federal funds sold and secunties purchased under agreements to resell Loans, net of unearned365 words
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FEATURES
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Article495 1985-08-13 8 THERE CAN BE FEW INVESTORS in the region who are unaware of the unique characteristic of the Singapore and Kuala Lumpur securities industry one market but two exchanges. Malaysian stocks listed in Singapore and Singapore stocks listed in Kuala Lumpur the arrangement has worked well,495 words
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Article, Illustration985 1985-08-13 8 LISA LEE - Real estate auctioneers say that with mortgagee sales increasing, banks ought to draw up more liberal terms to give auction sales the boost which they leel is needed in the current down market. LISA LEE reports. LISA LEE THE LIST of items at property auctions has doubled985 words
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Article416 1985-08-13 8 THE TOWER CRANE, once dubbed Singapore's national bird, appears to have taken flight off the top of tall buildings to emerge at property auctions. But the crane is not the only kind of heavy machinery for sale at auctions. Welding, construction, oil field, and416 words
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225 1985-08-13 8 letter to the Editor Dear Sir We wish to bring to your attention how some of our bankers in Singapore are unhelpful in their attitude towards the borrowers and therefore partly responsible for our present economic predicament. We borrowed some money from225 words
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Page 8 Advertisements
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Advertisement248 1985-08-13 8 Financial V Acumen Creativity Produaivinj Ctadership 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 find248 words
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Advertisement7 1985-08-13 8 Keep your investment decisions on target SATURDAY7 words
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Advertisement286 1985-08-13 8 ►T v THE COMPANIES, ACT, CAP 18S PLAN LEASING PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of PLAN LEASING PTE LTD duly convened and held at 36 Robinson Road, #05-01/02 City House, Singapore 0106 on 12 August 1985, the following resolutions286 words
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Page 8 Miscellaneous
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Miscellaneous682 1985-08-13 8 CRYPTIC PUZZLE ACROSS 3 A spirt in the country (5) 8 Creatures of which many may be shot (5) 10 Big Ben (5) 11 Water Meodow (3) 12 Damoges the teeth (5) 13 One |ommg the ship to get hts meals? (7) 15 Essentially, it smelh (5) 18 Record o682 words
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SPORTS
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Article, Illustration665 1985-08-13 9 ANNA TEO - Bowlfcr gets family support in bid to retain Open crown By ANNA TEO IT CANNOT BE very funny when all in the family are struck with an incurable disease, but Will Looverbosch was laughing when he talked of bowleritis afflicting his household. Last year, while on665 words
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582 1985-08-13 9 NYT HUBERT GREEN, after squandering a three-shot lead he held after three rounds, recovered on the back nine of the final round on Sunday to win the 67th PGA championship by two shots over Lee Trevino, the defending champion. Green thus became theNYT - 582 words
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419 1985-08-13 9 AT THE HALFWAY mark of the 968-km Fastnet race, the climax of the Admiral's Cup, Singapore's two surviving boats Highland Fling and Pocket Battleship lay in 10th and 31st respectively on corrected times. By yesterday evening, more than 100 yachts, including419 words
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196 1985-08-13 9 AFP ENGLAND'S Howard Clark chipped in at the second extra hole to beat British Open champion Sandy Lyle and win the Glasgow Open golf championship on Sunday. That not only earned Clark his second victory of the season, and the £15,000 top prize,AFP - 196 words
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Article, Illustration269 1985-08-13 9 UPI NANCY LOPEZ shot a six-un-der-par 66 on Sunday to romp to a 10-stroke victory in a US$2lO,OOO tournament, setting two LPGA records in the process. Lopez's 20-under-par total of 268 bettered Hollis Stacy's 72hole mark of 271 set in 1977, andUPI - 269 words
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Article, Illustration327 1985-08-13 9 Reuter CHRIS EVERT LLOYD, employing superior strokes and gritty determination, wore down Claudia Kohde-Kilsch of West Germany 6-2, 6-4 on Sunday to retain her Canadian Open women's tennis title. In winning her fourth Canadian Open championship, Lloyd also established a personal sin-gle-seasonReuter - 327 words
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Page 9 Miscellaneous
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Miscellaneous1221 1985-08-13 9 to md mm JUDE THE OBSCURE 9.10 pm, Channel 12 Sue and Jude contemplate marriage, but they are unwilling to be joined by a church ceremony because of Sue's dislike for any binding contract. They live together with Jude doing simple stonework. Jude's business, however, begins to decline and he1,221 words
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Miscellaneous18 1985-08-13 9 0TART\NG BPCX... REGARDLESS OF HANDICAP A SUCCESSFUL SWING WILL DEPEND ON THE P\F FEW INCHES OP J -^318 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration1098 1985-08-13 10 NYT AMID CONCERNS in the US that the Japanese computer inJ dustry is overtaking the Ameri- can industry, one of the toughest r competitors in America, the In- ternational Business Machines Corp, has been encountering rough going in Japan. Its subsidiary,NYT - 1,098 words
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137 1985-08-13 10 Reuter THE UNITED PRESS International is completing a document offering the news agency for sale and plans to have it ready for potential investors within a week. A UPI spokesman in Washington said chairman Luis Nogales had told UPI editorsReuter - 137 words
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274 1985-08-13 10 Reuter ARTHUR BELL and Sons PLC is seeking an alternative offer to Guinness PLC's increased £370 million bid. A spokesman declined to say whether any alternative proposals had been either received or made. A Bell statement said a meeting of the boardReuter - 274 words
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580 1985-08-13 10 NYT LIGGETT A MYERS, which pioneered generic, no-name cigarettes in an industry built on advertising and brand names, is finding it tough to defend that niche. Generics, it is discovering, can be a marketing no-man's-land. Liggett, America's sixthlargest tobacco company and a unit ofNYT - 580 words
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Page 10 Advertisements
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Advertisement511 1985-08-13 10 London stocks, Pago 14 BSr mm imtt wlm, din The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in511 words
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Advertisement145 1985-08-13 10 Fbr authentfclfeochewdelicaaea come to Peng Cheng Lou j Special Family Menus I 20- Menu (for 6 persons) Crown frintf s three dish combination Tc«x hrw soyed tjutrtt meat [Hied scallop with qreen vegetables Braised ducK with lemon in soup Steamed pomfret Dessert $80* Menu (for 4 persons) Feng Cheng l.ou145 words
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ASIAN STOCKS
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Article421 1985-08-13 11 HONGKONG: Share prices closed sharply higher yesterday as the Hang Seng Index again neared the key chart point of 1,700 in active trading. The index rose by 22.92 points to 1699.43 as turnover increased to HK5308.20 million from 289.14 million last Friday. The index crossed 1700 briefly last week.421 words
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Article231 1985-08-13 11 AUG 12 At Sinew Wu> Alio Cement MT 252 2050 22 80 0.04 -0.1 -02 L>«n Hwo hdm Nan Yo Pla* Pacific Con* Pacific Elect Wire 9 45 22 00 13 95 12.20 0 1 -05 •0 45 -0 35 Chang Hwo Bank Owi Loong 45.10 14 50 -0231 words
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Article327 1985-08-13 11 TOKYO: Share prices closed lower yesterday in dull trading, with shipping lines and shipbuilding shares leading the downturn. The market average finished at *****.64, down 27.55 from last Friday when it rose by 15.16. Turnover was a thin 200 million shares against 250 million last Friday as the start327 words
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Article108 1985-08-13 11 MANILA: Shares prices closed generally easier yesterday in quiet trading. The Commercial and Industrial Index was down 3.45 at 133.35 and the Mining Index 0.76 at 677.80 but oils were unchanged at 0.744. Tha Bangkok markat was cloaad yastarday for tha Quean's birthday. AUG 12 Owital B Phdex B108 words
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Article352 1985-08-13 11 AUSTRALIA: Stock prices yesterday continued to trade at record levels as strong demand from local investors pushed prices higher across the board. However, turnover was fairly thin with a lack of willing sellers. At the close of trading, the All Ordinaries Index had overtaken last Friday's record to reach352 words
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Article73 1985-08-13 11 AUG 12 Won ♦VHyundai Coon 900 1 riy\jnoo» nAoroc 815 -12 670 -5 KAL 426 -7 640 -1 735 5 723 -10 1364 -10 445 3 371 Ooewoo Corp 456 unch Lucky Ltd 628 -9 Do«woo Ind 646 -3 Somvjnfl Co 700 -5 474 2 Sorrntog Etoc 790 •1473 words
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282 1985-08-13 11 FT THE INDIAN GOVERNMENT is to invite foreign oil companies in October to bid for exploration contracts in the country's continental shelf on the basis of comparable terms given by other oil-producing countries so that prospecting will be attractive. The strategyFT - 282 words
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71 1985-08-13 11 Reuter ASSOCIATED HOTELS Ltd has asked the Hongkong stock exchanges to suspend trading in its shares until Aug 27. The company says in a letter to the exchanges that it has begun reorganising to solve its financial problems. Exchange spokesmen say the company has appointed IndosuezReuter - 71 words
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251 1985-08-13 11 AP GENERAL ELECTRIC Co has secured a contract to sell five gas turbine engines to the Chinese navy to power new destroyers, US business sources in Beijing say. The sources say the contract has not been formally announced yet at China'sAP - 251 words
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Article165 1985-08-13 11 Bernama THE SARAWAK GOVERNMENT is to buy a "substantial" stake in the Malaysia LNG Sdn Bhd (MLNG), which owns the liquefied natural gas plant in Bintulu in which the state currently has no equity participation. Announcing this, Chief Minister Datuk Patinggi Haji Abdul Taib Mahmud saidBernama - 165 words
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Page 11 Advertisements
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Advertisement574 1985-08-13 11 Lunch AtTVe Elizabethan Grill Tbday's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with Tarragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons Traditional Curry Tiffin on Sundays.574 words
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Advertisement103 1985-08-13 11 M Savoury Delights Await You At T77 (i available daring lunch! Par reservations call. «ru\-Q 235 2698 or 734 6622 ZIZ >. iSo Laneh: 11am-3pm orchard road Dinner 6pm-11pm i ft*- u«,«« II o»jiimaMiii,MmTKi_ Ample Free Parking 19 Curnhi Circle and Valet Service Snppore *****U 734 6622 Outri II I103 words
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SHARE INFORMATION
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Article, Illustration4060 1985-08-13 12 THE ABSENCE of buying interest caused share prices to drop on the Singapore stock market yesterday in light trading. The Straits Times Industrial Index declined 6.13 points to 751.86 and the BT Composite Index lost 5.58 points to 649.68 at the end of4,060 words
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Article239 1985-08-13 12 SINGAPORE Rises 1470 M T r 330 Si*M Matal 360 M B f HWgt 50« 215 S— Um 215 UOI 370 Falls UOI 196 TMlCiy 78 0 C B C BI5 "i .1 555 DBS 510 G 1 HM* SO* 206 Y H S MM 125 OUI239 words
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Article3061 1985-08-13 12 BID and offer prices officially ltcted and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 unlU unless otherwise specified. All Time Settlement Contracts are quoted after the word "Stn3,061 words
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Article81 1985-08-13 12 bukit sembawang estates Limited: 19th AGM at 19th Floor, OCBC Centre, Chulia Street, Singapore 0104, tomorrow at noon. GENERAL LUMBER (HOLDINGS) Berkad: EGM at Dewan Ben tar a, Hotel Dayang, off Jalan Barat, Petaling Jaya on Thursday, August 15, at 9.30am. DEVELOPMENT COMMERCIAL BANK Berfcad: 20th AGM at81 words
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Page 12 Advertisements
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Advertisement11 1985-08-13 12 KL market report, Business dons on tho KLSE See page 1311 words
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COMPANY NEWS
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Article, Illustration680 1985-08-13 13 ttiuma mm™ By HOCK LOCK SIEW THE RED INK splashed all over the half-year reports of Keppel Shipyard and Sembawang Shipyard highlights the need for urgent drastic surgery at Singapore's premier shipbuilding and ship-repairing groups. Even the Prime Minister, Mr Lee Kuan Yew,By HOCK LOCK SIEW - 680 words
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Article105 1985-08-13 13 HONGKONG Friday 1371.2 Weak ogo 1367.7 Hong StM Indax Monday 1699.43 Friday 1676 51 NEW YORK WNko«o *****0 Dow Jonas Friday 1320-79 TOKYO Thursday 1329.86 W#«k ogo 1353 05 Tokyo Dow Jonas Monday ***** 6J Standard Poors Fndoy *****.19 Friday 188 32 W««k ago ***** 62 Thursday Week105 words
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502 1985-08-13 13 SHARE PRICES generally closed easier on the Kuala Lumpur stock market yesterday in sluggish trading. The exceptions were special situation counters in the industrial sector which bucked the general trend. Speculators rushed in to dabble in these stocks butignored other issues in the tin,502 words
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Article2317 1985-08-13 13 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. «DUSTRIALS AISB (.868 88SX1) .86 5 Alcorn (.908 9IS) (8)2,317 words
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Article253 1985-08-13 13 Monog«n price* (S) MARA-Bumiputrs for Aug 13 Fmt B'putro 502 507 S*<ond B'putro 456 461 Singapore Unit Trust Th# Commerce 1 63 >73 Th» SOMV 1 fiml 1 30 I 38 S'pc* Prog Find 0 72 0 76 Third 6 potto Foirtti B'putro hhh B'potto B uutru 8*puna253 words
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265 1985-08-13 13 INDIA-MALAYSIA TEXTILES Bhd is sorting out what it calls a technical problem concerning some of its old share certificates before it can proceed with seeking a requotation of its original issued capital of 10.5 million shares of Msl each on the stock exchanges265 words
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Article, Illustration520 1985-08-13 13 NAJEEB JARHOM - By NAJEEB JARHOM TOUGH BUSINESS conditions in the Malaysian property and construction sectors have taken their toll on the first-half performance of IGB Corp Bhd. Still, the flagship company of the Tan family managed to hold on to its profit margins in520 words
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90 1985-08-13 13 UNITED OVERSEAS BANK has received approval from the Australian Treasury to establish a new merchant bank in Sydney. The bank is current taking the necessary steps to set up the merchant bank which will be Incorporated as a wholly-owned subsidiary of UOB in90 words
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Page 13 Advertisements
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Advertisement232 1985-08-13 13 close to nature? Tan Chong Tower Service Apartments Available for 1 month and above Within CBD Fully furnished inclusive of kitchenware Telex and IDD telephone Housekeeping and laundry service available Covered car park 24-hour security Rates: Studio $1300 per month 1-bedroom $1,600 per month 2-bedroom $2300 per month Also available,232 words
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Advertisement285 1985-08-13 13 too much work? not enough staff? Maintaining a lean staffing situation is vital for healthy profits in today's tough economic climate! That's when SKILLTEK can assist! With Our Experienced Temps, you'll be able to supplement your permanent staff to achieve cost control and full productivity. Professional, Technical and Office Staff.285 words
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614 1985-08-13 14 Biggest collapse in Japanese corporate history Agencies .SANKO STEAMSHIP Company of Japan will file for bankruptcy today, becoming the biggest cor- porate collapse in Japan's histo~.ry with estimated debts of 520 billion yen (5J5.6 billion). J The Osaka-based company J will petition today atAgencies - 614 words
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135 1985-08-13 14 AP A JAPAN Air Lines 747 jumbo jet with 524 people aboard crashed in mountainous country in central Japan yesterday while attempting to make an emergency landing after reporting problems with a cabin door. The Japan Broadcasting Corp (NHK) said a JapanAP - 135 words
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366 1985-08-13 14 LOH HUI YIN - By LOH HUI YIN THE CIVIL AVIATION Authority of Singapore has contacted several Latin American and African countries to negotiate landing rights for Singapore Airlines. The Latin American countries are Brazil and Argentina while the African countries are Tanzania and Zimbabwe.366 words
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507 1985-08-13 14 SINGAPORE'S role as a major oil trading centre will continue although its importance as a refining centre may diminish. "Singapore's location, storage and distribution infrastructure, and overall commercial facilties will insure it a continuing role in trading activities," said a study507 words
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Article123 1985-08-13 14 Reuter COMEX GOLD FUTURES lost 0.90 to US$l.9O an ounce yesterday in a profit-taking reaction to last Friday's rally of 96.50, which was fuelled by worries about labor unrest at South African gold mines over the weekend. Spot gold was off 0.90 at $327.60 an ounceReuter - 123 words
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Article, Illustration230 1985-08-13 14 Reuter OPPOSITION MEMBERS of the Philippine Parliament will file a resolution today calling for the impeachment of President Ferdinand Marcos. A leader of the opposition group, Homobono Adaza, said yesterday that the resolution and its accompanying "complaint" alleged culpable violations of the Constitution,Reuter - 230 words
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LATE FILE
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Article60 1985-08-13 14 UPI A WEST GERMAN cancer specialist who treated ailing American celebrities with drugs made of shark livers and carnivorous plants is advising President Reagan's physicians. A West German newspaper said yesterday that Dr Hans Nieper recommended for Mr Reagan four exotic drugs and an anticancerUPI - 60 words
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Article41 1985-08-13 14 UPI A GUNMAN burst into the Great Mosque of Paris yesterday, seised two hostages and demanded that a plane be provided to fly him to Algeria, French authorities said. At least one person was reported injured. UPIUPI - 41 words
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Article41 1985-08-13 14 ReUter WEST GERMAN authorities said yesterday they had drawn a blank in their search for Sonja Lueneburg, former private secretary to Economics Minister Martin Bangemann, to suspicions that she was a spy and had fled to East Germany.ReUter - 41 words
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Article44 1985-08-13 14 Reuter POPE JOHN PAUL urged Africans yesterday to Ignore Ideas from the developed world on limiting families through contraception and abortion. On a visit to Bamenda In Cameroon, the Pope praised the high value traditionally placed by Africans on having children.Reuter - 44 words
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Article61 1985-08-13 14 AP VIETNAM'S Foreign Minister Nguyen Co Th&ch will visit TmWwils from Aug 21 to 24 lor talks on bQateral and international issues including the Osmbodian conflict. Indonesian Foreign Mhkt«r Kusumaatmadja said yesterday that Mr Thach had originally been scheduled to visit last month but thatAP - 61 words
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Article57 1985-08-13 14 AP UNITED NATIONS Secretary-General Javier Perez de Cuellar has appointed Hisashi Uno as director of the UN Information Centre to be reopened In Jakarta later this month. The world organistkm said yesterday that Mr Uno, 50, a Japanese national, had saved as director of the UN InformationAP - 57 words
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123 1985-08-13 14 Reuter THE PREMIER of Australia's main wine-growing state yesterday appealed to Tokyo for help in overcoming Japanese confusion over Australian and Austrian wines. Premier John Bannon of South Australia telexed Japan's Ministry of Health and Welfare after Australian trade officials in TokyoReuter - 123 words
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Article59 1985-08-13 14 Reuter THE NEW YORK stock market slipped in early trading yesterday as stocks continued last week's downtrend. The Dow Jones Industrial Average was unchanged at 1320.79, after initially holding at the 1320 support line. The average had retreated more than 30 points last week. Declines outnumbered advancesReuter - 59 words
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Article189 1985-08-13 14 UPI NO WONDER, says Republican Thomas Petri, that Congress cannot bring budget deficits under control. For example, the Wisconsin Republican said on Sunday, Congress still hires operators for automatic elevators and garage attendants whose main Job is to wave at congressmen. The lawmaker issued aUPI - 189 words
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Article963 1985-08-13 14 SHARE PRICES closed mixed yesterday after a quiet session, with many issues moving off the early lows on light but persistent demand. At 3.30pm the FTSE was up 0.8 point at 1,287.1 after opening 5.2 points down at 1,281.1. The bulk of attention was centred on the new963 words
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Article188 1985-08-13 14 UPI US TRADE Representative Clayton Yeutter yesterday urged Japan to encourage private sector imports of US aircraft, vehicle parts and transport ships as part of a bilateral effort to balance trans-Pacific trade. Mr Yeutter, in Japan for the first time since assuming the postUPI - 188 words
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Page 14 Advertisements
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Advertisement143 1985-08-13 14 SAVE EXPENSES. GET A COMPLETE OFFICE FOR THE PRICE OF A TTiTiT^ Complete services provided with conference room, switchboard operator and access to modern office equipment such as word processor, telex, facsimile, photocopier, etc. It's a modern office concept in office leasing to help you minimize your overheads. All you143 words
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Advertisement269 1985-08-13 14 You've read the b00k... In Search of Excellence You've beard about the sequel... A Passion for Excellence Now here's the workshop Toward Excellence Singapore, October 14 15, 1985 Working with Tom Peters co-author of the best-selling book, In Search of Excellence and the new sequel A Passion for Excellence the269 words
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Page 14 Miscellaneous
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Miscellaneous27 1985-08-13 14 1 1 i|, j 11 J Report for 24 hours prior to 7.30pm on Aug 12 at the airport: Mqxmmmi temperature 32.1 57 *U MM fp E27 words
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SHIPPING TIMES
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426 1985-08-13 15 JUNE LIM - By JUNE LIM DISCUSSIONS ARE underway among three carriers on ways to rationalise their Far EastMkldle East service. Though a final decision has not been reached, industry sources say talks have centred on a liner service using six to seven 1,800-TEU ships.426 words
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374 1985-08-13 15 UNITED States Lines is to go ahead with plans to expand its round-the-world service despite a court ruling which casts doubt on the legality of the whole operation. The company intends to introduce two more ports of call to the374 words
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PORTSIDES
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Article51 1985-08-13 15 ORIENT OVERSEAS Container Line has placed a massive order for 10,000 TEUs with the Taiwanese container manufacturer, Associated Inudstries China. In detail, the order comprises of 4,000 20-ft containers, 1,000 40-ft high cubes and 2,000 40-ft boxes. The delivery will be carried out in stages until November51 words
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Article66 1985-08-13 15 THREE CONTAINER ships owned by the Philippines state-owned National Shipping Corporation are to be stretched to increase their capacity by another 200 TEUs. These are the 560-TEU National Pride, National Honour and National Dignity, vessels which are currently plying the trans-Pacific trade. The vessels are fairly modern66 words
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Article93 1985-08-13 15 TWENTY-FIVE ships, totalling 439,183 tons gross, have been settled as marine insurance losses in the first half of 1985 at a cost of £121.2 million (US$l62 million) to Lloyd's marine underwriters and the other company markets. Losses in the first six months of 1984 also totalled 2593 words
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Article44 1985-08-13 15 TASMAN Express Line has scheduled its new trans-Tasman container service between Australia and New Zealand for around Aug 15. Its first ship, the German-built 3,988 gross ton Auckland Express, will start off from Sydney and Melbourne. Sister ship is Canterbury Express.44 words
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723 1985-08-13 16 AFP CHINA'S shipbuilding industry, after a boom which has led it to become the world's fourth largest in recent years, appears to be marking time. The shipbuilding authorities have set no precise target for production during the remainder of the century, owingAFP - 723 words
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318 1985-08-13 16 UPI FIRE CREWS on Sunday investigated a fire-damaged Panamanian freighter loaded with Japanese cars to determine whether any of the vehicles could be salvaged. The Coral Ace was anchored in Unalaska hay, where a commercial firefighting outfit made the inspection. AUPI - 318 words
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62 1985-08-13 16 THE JAPANESE navy ship Katori has arrived in Australia for a fiveday training and goodwill visit. The 3,501-tonne vessel, under the command of Rear Admiral Takayuki Itoh and carrying 155 ensign officers, will be opened for public inspection on Wednesday and Thursday. On Friday the62 words
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212 1985-08-13 16 NIPPON Kokan KK has developed a new system that is proving highly effective in controlling noise on ships. The new Cabinoise system was devised by Japan's second largest steelmaker as part of its wide range of research and development works. NKK is also a major212 words
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Article690 1985-08-13 16 AB Shpg V 5 Afeo Line VI 3 A PC Line V 4 APL M 2/3 Anro Service IV 3/4 ANL 1 1 ASCL m 1 Bolt-Canada Lme VI 4/5 Bolt-Orient Line VI 4/5 Bank Line V 5 B8S 1 4/5 Ben Line Coot V 3 Ben690 words
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Article1337 1985-08-13 16 GRAIN rates generally held fairly steady on the freight market on Friday in quiet chartering while increased iron ore business developed, shipbrokers said. Grain from the US Gulf to Japan received U5510.25 for late August against $10 paid earlier this week while $10.35 was agreed for an early1,337 words
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217 1985-08-13 17 AFP THE CHINESE navy has confiscated more than 40,000 unauthorised imported vehicles from the South China island of Hainan and taken them to a mainland port for legal sale, a newspaper reported in Hongkong ova: the weekend. The pro-Beijing daily Ta-Kung-Pao said theAFP - 217 words
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365 1985-08-13 17 TMR/ITN WHILE WORLD container traffic growth prospects remain buoyant, sweeping changes in the pattern of trade will continue to feature prominently in the period to 1990, according to a recent report on Containerisation in the Developing World, 1970-1990. Published by CSR Consultants Ltd,TMR/ITN - 365 words
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162 1985-08-13 17 Fairplay A PILOT project for the use of converted tankers as floating waste reception facilities in the Mediterranean has been recommended by the European Commission. The decision was taken following a Brussels conference, held last month, on waste reception in the Mediterranean. A two-year pilotFairplay - 162 words
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Article448 1985-08-13 17 Sept M Port Day 18, the annual open day of the Port of Halifax, this year's theme is "Port of Halifax Canada's Ocean Gateway". The Halifax Sheraton Hotel will be the venue for all Port Day events. Details: EA Sadler, Port of Halifax, Suite 900, Cogswell Tower, Halifax,448 words
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Article187 1985-08-13 17 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits porta/ Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.187 words
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Article123 1985-08-13 17 THE TURKISH government has issued a decree lifting the five per cent quay dues for goods coming into the country by ro-ro ship. The duty, calculated on five per cent of the goods' CIF value, was first levied after the Rifadin Resmi Kanuni (Quay Does Law)123 words
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6817 1985-08-13 22 A guide to ships loading at Singapore for ports around the world The list below tobulates, 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.6,817 words
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Article743 1985-08-13 23 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for La movement Ship Voy dote/time Operator cargo schedule Location Or Champion 44W 13.8.85 2100 Jardine F7 0700-0900 U4 Siri Bhum 232N 14.8.85 0300 S'pore Shpg F1 0700-0800/1400-1500 K1 Saudi Tabuk 013 14.8.85 0600 Kim743 words
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Article1678 1985-08-13 23 Who acts for whom The leading shipping line* operating from local porta and their agents. A—• A Top Enterprises Pl« Ltd Sam* (S) AB Shippan Boustead Shpg Agencies Atea Lata African Shpg Agencies CS) Ahrenkiel Umt K*n Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) MuJtiport Sdn Bhd (PK)1,678 words
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Article284 1985-08-13 24 AFP n rates were detectable out of the Gulf states areas for VLCCs, one of which was fixed for Japan at worldscale 22.5, the best rate since May, and one to South Korea at 23. The upturn is attributed to an increase in business from Iran and theAFP - 284 words
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Article641 1985-08-13 24 AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES Nancy Lykes Rajah Brooke Straits Hop* Vamco 23 B Tribute Builder Global Mors Jenson IV Thai Rainbow Trons Hov PASIR PANJANG Coral V'ture Koenary Orange Breeze S T Ceramic Uranus Star A Tenor Satu Bururtg 3003 kogun Khonh Hoi Mapewa Poc641 words
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Page 15 Advertisements
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Advertisement741 1985-08-13 15 ;`[*@{):<=>*;<+@_:~+<;<*+"<_?\~ OKtfNIOVfIQEAS GotiltUfm link MM am MBKB m fpai ;o Skaatoa war *44-03 torn Hm 020? Miil T* *****11 W> AS ***** cf s or net tfc #ojo?i t* *****31 *****33 Tarn*oN» TFC #***** M 2222«90/22SSi3/*****01 A MEMBER OF THE C.Y. TUNG GROUP Tf petalk *ya t# mm/min/mm t— mjuw741 words
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Advertisement72 1985-08-13 15 CHINA'S shipbuilding industry, after a boom which hos led it to become the world's fourth largest, appears to be marking time. P«g« II WHILE WORLD container traffic growth prospects remain buoyant, sweeping changes in the pattern of trode will continue to feoture prominently in the period to 1990. Pag« 11172 words
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Advertisement1133 1985-08-13 15 lii .Vi nth <X EXCELLENCE V 4V -e*° c 9^ This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense m MAERSK LINE t CI 11/1 IMC MB as 11/ l 2300 MS ppat 0«| Taw1,133 words
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Page 16 Advertisements
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Advertisement416 1985-08-13 16 YAMASHITA-SHINNIHON LINE .CONTAINER SERVICES r USA/CANADA FaaMr M K M Malar W MS ACE SM h Pwt 15/1 s KASHU FMMT MX 19/1 21/9 TJJI P. MROW Guar MX H/t 77/1 29/9 9EBHB M MMM 2/9 3/9 V 9 L mUO at Tokyo Wt LA/LB 0M( lor at Kotoo ta416 words
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Advertisement239 1985-08-13 16 li Supercarrier Service .14/1 1/9 24/9 4/9 1/9 14/1 NEXT AJHBVAiSBASKR TOM 10/1 H ROOCSTER 9/9. W«« TAMPA 6/1. ROTOROAM 29/9 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA TOM 14/1 TMF 21/1 TMT» 2/9 MR* 12/4 21/1 11/9 2VI 19/9 9/9 39/9 IC/9 19/19 19/9 23/9 25/9 27/9239 words
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Page 17 Advertisements
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Advertisement745 1985-08-13 17 CONI The Straits Steamship Group OvtrMit Containers Limited w M I AINERSHIP StRVICf TO UK CONTINF NT S'pvt PJUtam 29/9 21/1 29/9 29/9 93/9 9S/9 12/9 14/9 19/9 29/9 25/9 27/9 94/19 N/1* 13/19 IVU if/it 21/19 S'tm HW! N/9 11/9 IC/9 11/9 a/9 15/9 2/19 4/19 7/19 9/19 IVI9745 words
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Advertisement764 1985-08-13 17 Franco BeUjum Services r•' rFULL com MCI »wg TO [ÜBOPt IMF MHf ti Of AC f CONSORT li'M l Ig- ,r I': 1 STOM r SMU Mm Mm fUm* Hm IDm M IURSraU WDS 14 A# (12 A*) 2S# 3S# 5S* 7S# IS# 14 S# MK CMM CONTMO 21 A*764 words
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Page 18 Advertisements
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Advertisement666 1985-08-13 18 Hapag-Lloydj 10 CONTINtNT UK EXPORTS On carria|e to Scandmavia, Med, Cambean tS. America Hand haulage to inland destinations in Europe S port PKatamPawmltDaetOlhaa GanaaMbwt *0»« 5/9 l/» 10/S 9/10 IS/9 12/10 20/9 22/0 24/0 10/1012/10 14/10- 23/10 10/10 27/10 15/10 IC/10 25/10 10/10 22/10 24/10 10/10 13/11 10/11 10/11 22/11666 words
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Advertisement347 1985-08-13 18 jf MC.&.line ULLY CONT AINEPISFD SERV IC _E 10 [UROPf VIA SH/ tturtrf ot W* Acf ComwtMn 3/9 5/1 7/9 10/9 10/9 12/9 l«/ 9 17/9 19/9 21/9 (24/9) 24/9 24/9 28/9( 1/10) am can mo im PK*wt S'part HK«( Kinh—n Buub I«* (22/8) 70/8 24/8 25/8 28/8 2/9 (29/8)347 words
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Advertisement397 1985-08-13 18 Hai Sun Hup Co (Pte) Ltd Tfl *****06 (?0 t .ru-s) Tl RS??oftl PS?o*>7? t I \M !v\ < \i: I l\l I Tl> J Tat 221 SM u INTERMARITIME LTD MatoMCTMI tomeroon Shipping lines S B. DIRECT SERVICE TO DOUALA ETA SPORE ETA DOUALA MV. EARNEST VENTURE VOY 17A397 words
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Advertisement464 1985-08-13 18 o EVERGREEN 1 Fu!i Container Service Rouno-T^e-World East Bound Service (FE/CARIB/USEC/EURO/FE) eve* eum EVER GRMO EVER GfNUS EVER GOLDtN EDO GOME EVEJf GAM* (DO GUBE Ett* GOVERN •ISO ACCEPT* CARGO TO: 1) IROMMNCL. KMMM. 2) A RANT A CMCAGO KMT. SV K ISC Alt PUS 17/1 fi/t 22/0 24/0 27464 words
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Advertisement268 1985-08-13 18 nSI NOSE MARITIME PTE LID ISLAMIC REPUBLIC Of IRAN SHIPPING LINES A :ii ih KYOWA LINE SUN CORAL 22/1 l*. Kkta. IM, $.C Mm wop Mii mw FU ad i PAOFIC Pwte) SIW UNION LINE u T BT3 TAIYO MARINE LINE WEST AUSTRALIA SERVICE L PT KELANG SPO* PHEDLAND FUNIM268 words
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Advertisement843 1985-08-13 19 r PACIFIC INTERNATIONAL LiNES PIL Building, MO Cecil Street 03-00 Singapore 0106 Tel' *****33 VESSEL KOTA RAKYAT KOTA JAVA KOTA WMAWAN KOTA MEGAH KOTA MUTIABA EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SBMAPOBE LOAOMO FOB: E-577 12-IS/I 17-20/1 MOGAOtSCIO. MOMBASA. OABJES-SALAAM E-501 U-14/0 10-22/» BEBBEBA. ADEN. HOOEIOAH, JEOOAH, PTSUOAN. AOABA MOMBASA, O'SALAAM843 words
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Advertisement644 1985-08-13 19 BEN LINE CONTAINERS 1/9 1/1 9/9 U/9 11/1 9/9 17/9 19/9 J/9 2S/9 27/9 2/11 4/19 C/ 19 1/19 19/19 12/19 11/19 IS/19 IS/19 17/19 19/19 29/19 22/19 JsVJ Cut JEBSEN LINE NF W Zt At AND TO NEW ZEALAND, PAPUA NEW GUNEA AND SOUTH PAOFIC Pea S» ILm Nonan644 words
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Advertisement455 1985-08-13 19 DJAKARTA LLOYD INDONt 51 AN NATIONAL I iNF W.IM MNiY»: H a'. SKi.;H. T 14-it/t ihm 21-22/1 »*yi 25-a/i 24-21/1 11/1 24/1 27/1 21/1 t/Jf ii m* 27/11 17/w 21/u tw 24-34/1 124-24/10 77-29/14 34-2/11 3-1/11 cmlhe T aim. m 24/4 BOTN WHB, CO—MI CMGO NA I/J TO fORI FKA455 words
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Advertisement606 1985-08-13 19 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR Loadmf tar R* Spare Plata* Lastao ¥47 lft/lt ft* •Safai* ¥2 Ptushwetyawywa ¥257*1 16/11 Aaf Ptoya ¥80* 19/20 Ami LoAaw ¥102 21/31 Loadni Far Antwerp, Hantart. Ratter* BANK LINE TAMAfTAI SAMOA IVYBANK SPORE R'OAM HULL HMIG 17 Aug 13 Sap 22 Sap 17 Sap606 words
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Advertisement884 1985-08-13 20 K KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE Ftaan moiio m stok nas ns vac kok suataqui cauao amca pi Af acasta samtoibo *mpa*abo MONTI Ml *32 TMVSi >h| llh( Uk| Uk« Hh| XOcI 2Nw 7 N*r IHmIINmUNw central america/caribbean sea roravsi wna *si nuc rm vm kok itzmbliq aca«.co ft. oktzaiacaotia884 words
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Advertisement689 1985-08-13 20 7tf CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE < lo«*n( tor (OS ANCIUS SAN FRANCISCO SEATTU lACOHA VANCOUVtR BC Accept Mif FCl'fCl Contamm P KeUng 'jngapoif I AiifHn lAA TENDS" 5/1 Stpl 1 Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accrptac Fa Fa Coflt«ntfj P Kcijnf S'pn KABffiOAS V? 4 1 Sept689 words
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Advertisement520 1985-08-13 20 SANKDAS'A FROM JAPAMf S« PON'S AND HOWOKOMG Col 1 EDO MARU 2 NLD SEA 3 MEHOA 4 SIM LOTUS S. SUM BUND t FUKUZAKJ MMU 15/10 A* 10/17 A* 11/1S A* 20/71 ta| 23/25 A* 2«/30 ft* Plato* lrft/13 A* 17/10 A* 11/19 ft* 20/21 ft* 22/23 ft* 20/27 ft*520 words
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Advertisement390 1985-08-13 20 INT W ASEA (PTi) ITO 10 Anson Roart «27 16 P S ,n <japo r e 0207 T 22 *S' i 1 i. n** *> o BREAKBULK SERVICE TO EUROPE/UK Sp« f. »llll|lllfc« »*> 14/1 a/I Mm/MT/«l. (AWE) 24/1 v» mwt/imt/iul (akm) F T PERUSAHAAN PELAYARAN T KALIMANTAN MECT MEEKLY390 words
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Page 21 Advertisements
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Advertisement777 1985-08-13 21 1 NEPTUNE ORIENT LINES LTD Scifaport P.Ketanf In Port (15/8) Abo accepting cargo to/from Scandinavia TW BRIDGE S'pore Closing Times: FCI Cargo 2359 13/8 LCI Cargo 1200 13/8 FROM* EUROPE (VIA SUEZ) V Havre Sfafapore P.Ketang HKong K'dwg Busan HK CONTAINER 45E Sailed In Port (15/8) 17/8 18/8 21/8 OClkFlft777 words
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Advertisement471 1985-08-13 21 HEUNG-A SHIPPING Korean Flag Vessels ZXXoAM Sp*rt m Hi Dm* SOW U/l IS/S No I Own/MM 17/0 21/1 Ni i Oanam SOCN 23/1 30/1 N. 7 Omm/M7N 3/9 7/» SEMI CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG BUSAN. INCHON »4/9 4/9 27—21/1 9/9 19/9 Ml If Ml 1> I N471 words
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Advertisement653 1985-08-13 21 SINSOV SINGAPORE SOVIET SWUNG CO PRIVATE LTD SMSOV BULDMG 55, Market Street Sinfapore 0104 Tetephme Numbers *****3 (15 Lam) Cat* Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS ***** t mm M/S SHARRIAT NAM SOON SOU RHD. IST AND 2ND FLOOR. NO 1 IALAN CfMPtNWG PORT KLANG MALAYSIA653 words
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Advertisement31 1985-08-13 21 n:na aiae Ma SUB LONG SATU 14/1 rm INH *r S3 hi tat I Mr. RK Agents: JAMBA TAN MERAH SDN. BHD P. KeUng *****6 7 K.L. *****7 *****1 Penang *****31 words
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Advertisement556 1985-08-13 22 l'<*«|i<Htal r.oiiliiiiH'r Lines i 4 Sailings weekly jj v 4 Mil Flist Reliable Regular Punctual Berthing PSA Mon, Tue. Thur. Sat HINODE KISEN CO. LTD s.a.i ?hi /1« A* AGIA SOFIA T ia an FORTMGHTLY FULL CONT TOGUMK U»B6 4/» glaucmau t/e CMMTSCtMU 7/15 MUEMU 8/85 16 M| US# »W556 words
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Page 22 Miscellaneous
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Miscellaneous181 1985-08-13 22 Regional Weather st kjif s?' .i Sf 1 4 a 1 'j ss t/.. i a a jH s i u r~r-i nN? SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AM. THIS MORNING. c^' Wind direction with speed m knots Wave height One hoH Heche represents 5 knots LEGEND: P181 words
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Advertisement105 1985-08-13 23 /Mi© use MEMOES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE 42S0SS/*****C/424M5/*****3 *****1/4 TERMMAL 3SS3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 22SS6S/2211M/*****5 *****22 AR EAST/EUROPE CONTAINER SERVICE \zmizm binjpi iyiiTTMim piiirani |rTMrTT7I mmwn wmvn BrrnirTMrTMß»tMiijjji3CmiligillljJßCg 11 TTMfTTIT ;i 1 ■HTHTMPWIIMITTTW TIITTirTTn ALSO ACCEPTMG Rfc ANHOP, L HOWE, UK. MQKJL COPENHAGEN, OSLO105 words
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Advertisement56 1985-08-13 23 MV TMMfTM SAMOA V 5 MV IVYBANK Vl4 Srfjpo COIUMBUS LINE REEDEREI GMBH FXPRfSS SfMl CONTAINER SFRWICf TO HUH ROTTfRDAM HAMBURG HBG HULL 15/9 21/9 2/10 fi/10 Sf At lON SHIPPING <S > PTF I ID MI i BO(miNt,s HI im» X MULTIPORT AGENCIES IS) PTE LTD o; 6? iir.n«i56 words
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Advertisement241 1985-08-13 23 LICORNE ItH J 1 < I > 1 !I < I w'• t .r: .i .^,-ti'i'.'.. Li.. .'I M/V AMMGMAC V9LSS M/V CGM VM VIOLSS Scan Dutch 9 rs r'WTr* To Europe (Med/UK/NC/Scan) 2) ROTTERDAM MOTHER T MXEPTMC/SMLMG PENANG n J W A B Butane SU B Butang 15/8 B241 words
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Page 24 Advertisements
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Advertisement320 1985-08-13 24 uli'h SB Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER NEDLLOYD MOJI 17 Aug Mombasa. Daressalaam ASTRA PEAK 23 Aug Port Louis, Reunion SEA ARCHITECH 4 Sep Mombasa. Daressalaam. Tar>ga AFRICA MARU 23 Sept Port Loue. Reunion EARNEST VENTURE *20 Aug P. Noire. Abidjan. Monrovia. Apapa. Douaia. Tema AFRICA'S w^NO^ S A320 words
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