The Business Times, 16 August 1985

Total Pages: 24
1 24 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 FREDAY, AUGUST 11, IMS 60 CENTS
    12 words
  • 678 1 PRIME MINISTER Lee Kuan Yew forecast last night that the Singapore economy would be back on the right track by 1987 if workers hold back wages for two years and at the same time raise productivity. Speaking at the 20th National
    678 words
  • 375 1  -  By AMY CHEOK FORGED SHARE certificates with a total market value of around $20 million at current prices have been reported to be circulating in the stock market. Five prominent Malaysianbased public companies Sime Darby, Tractors Malaysia Holdings, Hume Industries, Tasek Cement and Kulim Malaysia told the
    375 words
  • 547 1  -  NTUC sets out to win over more workers By FOO CHOY PENG MORE VALUE for your union membership that is essentially the strategy devised by the National Trades Union Congress to attract more members. "We are not taking away any existing benefits of nonunion workers.
    547 words
  • 527 1 TELECOMS, in an unprecedented move, has bought for almost $30 million an entire office building Crosby House in the central business area for its own use. The price paid by Telecoms, which has always developed its own buildings or leased space, is below the
    527 words
  • 219 1 PROMET WILL CONTINUE to operate its rig-building yard in Singapore although negotiations are going on to lay off some workers. "We are not going to close the yard," Mr Brian Chang, the managing director of Promet Bhd, told BT yesterday. "We'll just
    219 words
  • Article, Illustration
    62 1 THE SINGAPORE stoek mart* elssed mixed ea rilgfctty higher velame yesterday» Seeead- aaittiMan eealined to deariaate, while Mae ehips were hardly traded. Ike hsylag sapper! ease mostly frso individuals as iasliisll—sl Investors kept away. At fte flaai heft, the BT CempwMe lades was 1.41 Mints ahead at 64Mf
    62 words
  • 116 1 Reuter JAPAN PLANS to abolish import tariffs on computers and related equipment early next year to make its market more open and to reduce trade friction. Japan has a growing surplus in this sector, especially in equipment, though its computer trade with the US
    Reuter  -  116 words
  • Page 1 Advertisements
    • 95 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM .Lk The Sanyo SFT 852E Copier makes sure of clearer copies and trouble-free operation because of these advanced features: Microcomputer self-diagnostic system informs you of copier malfunction A unique Shuttlex System to eliminate messy paper jams Voice synthesizer gives verbal instructions and correction techniques
      95 words
    • 281 1 w mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE a ft OUR VIEW SHIP-REPAIRING in Singapore is going through the most criticol phase in its history. While there is no doubt that Singapore's geographical position ensures that ships will continue to dock in the Republic, the capacity is
      281 words
    • 0 1 *'!{?\<{*=&~)$;]~,<."+)++|=^)?%
      0 words
    • 111 1 The compact zoom PPC. *«*5! B MINOLTA EP3SOZ 3£~ Ft Owner 1 Credit POSB has a brand-new loan scheme to help more Singaporeans own their home: Now. if you're buying your first private home, you can get a five-year interest concession of V*%. You'll pay only 8% for a loan
      111 words

  • HOME NEWS
    • 609 2  -  Little that Indiana Jones could do By JAIME LYE I INDIANA JONES'S whip could not get them into his enclosure. Nor could fuzzy gremlins entice them. As for the ghostbusters, they were too busy busting ghouls in the film to bother about the real ones in
      609 words
    • 256 2 TWO MORE CHARITIES the Singapore Association for the Blind and the Spastic Children's Association of Singapore are likely to join the Community Chest of Singapore next year. If the go-ahead is given to them next month, it will mean that about $10 million
      256 words
    • 242 2 THERE IS NO EASY ROAD out of the current economic downturn, but Singaporeans should see this period as a spur to work harder in order to realise the vision of excellence. Dr Lee Boon Yang, the Parliamentary Secretary (Finance and Home Affairs), sounded this call
      242 words
    • 88 2 FUND-RAISING for Singapore's Omniplanitarium Complex is gaining pace with a total of $62,359 raised by 18 companies and a school in the second phase of the fund-raising campaign. Among the companies who donated to the Singapore Science Centre project are Singa- tronics (S) Pte Ltd, Black k
      88 words
    • 61 2 FOUR MORE SPONSORS are needed for the Creative Circle Awards 1985, the local advertising industry's "Oscar night". So far, 17 sponsors have come forward in support of the awards, scheduled for Nov 17 at the Mandarin Hotel. The categories still up for takers are best young
      61 words
    • 170 2 "THE GOVERNMENT will promote good values among Singaporeans to help them find meaning and beauty in life," said the Parliamentary Secretary (Community Development), Mr Teo Chong Tee, yesterday. It will strive to revitalise our sense of traditions by preserving our diverse cultural heritage In
      170 words
    • 256 2 A COMPANY in Singapore, Interbine Singapore, sent one of its welding specialists to its parent company in Holland. The Dutch company's response was to ask for a whole batch of local welders. This, said the Minister-in-Charge and chairman of the Vocational
      256 words
    • 116 2 TWO TRAFFIC LANES along Ang Mo Kio Avenue 8 have been closed temporarily for the construction of an underpass linking the Ang Mo Kio Mass Rapid Transit Station to the bus interchange nearby. However, two-way traffic will still be able to use the other
      116 words
    • 249 2 AN AIRCRAFT turbine repair company, Interbine Singapore, is spending $2.4 million to increase its capacity and double its growth. This expenditure will increase its present investment in Singapore to more than $10.4 million. Interbine, which repairs turbines and engines for
      249 words
    • 328 2  -  By LOH HUI YIN CONSULTATIONS between Singapore and the US are in pro gress to prevent American high-technology goods or information from ending up in communist countries. The three-day discussions the first formal meeting between the two countries on the issue are
      328 words
    • 137 2 THE WILL TO SUCCEED by being flexible and inventive are traditional qualities that can be revived in the current recession. Mr Wong Kan Seng, the Minister of State (Community Development and Communications 4 Information), recalled how these qualities saw small businesses through rough patches in the
      137 words
    • 380 2 TED «m—i- will be taking over from DON HOOK as the First Secretary (Information) at the Australian High Commission. Mr Hook will return to Australia on Sep 9. RONNIE CHAN YIK KWAN and TEO SIEW HONG have been appointed the deputy manager (credit) and officer-in-charge of the
      380 words
  • Page 2 Advertisements
    • 92 2 Loans for office automation Talk to our man about money and you'll be amazed by his computer know-how We have the strong backing of the OCBC and Midland Bank Groups to give you the kind of service that only comes with good connections. Call us. We offer competitive packages for
      92 words
    • 55 2 WORLDWIDECOURER Changing the way the world does business. In Singapore our faultless service is only matched by our spectacular architecture. THE PAVILION INTER- CONTINENTAL SINGAPORE \w r .V THE ADVANTAGE IS INTERCONTINENTAL 0 INTER-CONTINENTAL HOTELS One CuM..wk-n Ro.id. Smfriptw 1024 Itvrnc- 73.VWW Tdrx RS ***** SINIHC For reservations call your
      55 words

  • OVERSEAS
    • 384 3  -  By JOSHUA SO, ALISON LEUNG Renter POOR PEASANT WOMEN are offering to sell their babies for foreign currency at a market in Shenzhen, South China's showcase of economic development. On Wednesday, we were offered a baby girl for HK$l,2OO at the market in
      Renter  -  384 words
    • 282 3 AFP THE MAYOR of China's special economic zone (SEZ) of Shenzhen, Liang Xiang, is soon to be replaced. A Chinese source said in Beijing on Wednesday that the new mayor would be Li Hao, currently a deputy secretarygeneral of the State Council. No reason was
      AFP  -  282 words
    • 299 3 AFP AN ANNOUNCEMENT that Australia's Labour government has now abandoned its plans for radical tax reform has sunk the administration of Prime Minister Bob Hawke in political hot water once more. For the past six months, treasurer Paul Keating had led
      AFP  -  299 words
    • 638 3 Government determined to continue austerity measures Reuter TOUGH AUSTERITY measures have sent Thailand's economy into a tailspin. But in spite of criticisms, the government appears determined to continue on its present course and no early turnaround is in sight. Growth forecasts have been
      Reuter  -  638 words
    • 325 3 AFP JAPAN HAS PINPOINTED two major problem areas in its economy the large balance of payments surplus and the huge budget deficit. The government-run Economic Planning Agency (EPA) emphasised in a White Paper that these two imbalances were persisting. But it said that
      AFP  -  325 words
    • 56 3 Reuter TAIWANESE Finance Minister Loh Jen-Kong resigned yesterday, taking responsibility for Taiwan's biggest bank scandal. Premier Yu Kuo-Hwa accepted the resignation and appointed Loh's deputy, Li Hung-Ao, as acting minister. Loh and his predecessor were blamed for allowing the Tenth Credit Cooperative to make mul-ti-million US
      Reuter  -  56 words
    • WORLD IN BRIEF
      • 67 3 HONGKONG'S domestic export volume dropped by 4 per cent in the first half of this year to HK$6O.5 billion (U557.75 billion), against the figure recorded for the same period last year. This was in spite of a growth of 10 per cent in the territory's total
        67 words
      • 63 3 SUPPORT for British Prime Minister Margaret Thatcher has plummeted close to an all-time low. A Gallup poll in yesterday's Daily Telegraph indicated that only 24 per cent of voters would support Mrs Thatcher's Conservative Party if elections were held now. The Labour Party led the poll with
        63 words
      • 51 3 A COSTLY CONTAINER specially designed by Coca-Cola for use in outer space weightlessness fared somewhat better than the version produced by Pepsi Cola when tested during the latest flight of the US spaceship Challenger, but both needed extra work, Flight Commander Gordon Fullerton said in Houston on
        51 words
      • 45 3 NEW ZEALAND police said yesterday that they still had no positive proof of the identities of a man and woman held in an Auckland jail in connection with the bombing of protest ship Rainbow Warrior and the death of a crew member.
        45 words
      • 72 3 THE FIFTH ANNIVERSARY of shipyard strikes which led to the birth of Solidarity, the Soviet bloc's first independent trade union, passed with low-key celebrations by its supporters and was ignored by the official Warsaw media. Solidarity leader Lech Walesa, accompanied by several hundred supporters, laid a
        72 words
      • 50 3 Agencies RATS caused losses of US$32 million in crops to Indonesia during the fiscal year ended last March. The Sinar Harapan quoted food crop di-rector-general Suhaedi as saying at a seminar in the central Java town of Ambarawa that the province was the hardest hit. Agencies
        Agencies  -  50 words
    • 227 3 AP THE GROUNDWORK for direct trade between Indonesia and China is proceeding at a hectic pace. Another Chinese trade delegation is expected in Jakarta a week after the first group, now visiting the country, returns to Beijing next Tuesday. "The next delegation, which will arrive
      AP  -  227 words
    • 450 4 Manufacturers' group warns of serious consequences AP THE GAP IN THE US foreign trade is responsible for the major part of the slowdown in America's growth. The National Association of Manufacturers (NAM) said on Wednesday that had the US done better on
      AP  -  450 words
    • 255 4 UPI THE REAGAN Administration has lost its last chance to control the whopping federal deficit, leaving the nation careening towards economic instability, says the former budget director, David Stockman. Mr Stockman, interviewed for the Sep 2 issue of Fortune Magazine, said there was virtually no chance
      UPI  -  255 words
    • 126 4 UPI YOUNG TUBAL DANCERS entertain Pepe Jefcn Panl n m his srrival in Bupl, the Central African RepaMic. The Pepe stopped ever in thai CMntry Wednesday fer live hears aad celebrated mass hefere flying te Zaire. The highlight sf Us visit Is Zaire is
      UPI  -  126 words
    • 172 4 Reuter THE WHITE HOUSE backed away slightly from President Reagan's assertion that the Soviet Union ended a series of major underground nuclear tests before it began a test moratorium this month. The five-month moratorium began on Aug 6, the 40th anniversary of the dropping
      Reuter  -  172 words
    • 152 4 AFP Reuter AIR TRAVELLERS' demand for seats in the rear of an airplane has risen in Dallas since 29 of the 30 survivors of a crashed Delta Jet in Dallas were said to be in rear seats, travel agents said. A Japan Air
      AFP; Reuter  -  152 words
    • 180 4 Reuter NEW SOVIET LEADER Mikhail Gorbachev's attempts to revitalise industry appear to be taking effect but only slowly. According to the latest national economic indicators issued on Wednesday, industrial production in the first seven months of this year rose by 3.5 per cent
      Reuter  -  180 words
    • 58 4 Reuter WEST GERMAN corporate profits have improved markedly since the start of 1963 and are on course to register further gains in 1985, the Bundesbank said. But it said unsatisfactory employment levels and high corporate insolvencies point to weaknesses in many companies that can be traced
      Reuter  -  58 words
    • 86 4 Opecna A US$55O MILLION operation to ship an entire oil refinery from Britain to the United Arab Emirates is underway. The Esso refinery at Milford Haven in Wales will be dismantled and reerected in the Emirate of Ajman, to come onstream in early 1988. It
      Opecna  -  86 words
    • 261 4 Reuter SPAIN IS PREPARING to lift almost all restrictions on foreign investment, including the flotation of foreign shares on the Madrid Stock Exchange. Secretary of State for Trade, Guillermo de la Dehesa, said at a seminar on the European Economic Community that the
      Reuter  -  261 words
    • 359 4 UPI BARCLAYS BANK, long criticised for its investments in South Africa, has announced that it will reduce the proportion of its holdings In its South African subsidiary and eventually drop the use of its name there. But bank officials denied that the
      UPI  -  359 words
    • 929 4 ARRIVALS Operator Sirvici Local Iwn From PAA PA2I 0020 LAX/TYO/ HKG KAL KE697 0040 SEL SIA SQ41 0605 MAA SIA SQ43 0750 DHA CAL aoio 0750 JED/DHA MAS MH681 0820 KUL MAS MH603 0905 KUL SWR SRI76 0935 GVA/ZRH/ BKK MAS MH8I1 0940 PEN sv SV378 0940
      929 words
  • Page 3 Advertisements
    • 217 3 t\NO W\OBE oavs visit ComputerAsiaBs The Systems event for South East Asia A four-day exhibition at the World Trade Centre Singapore from 14-17 August, ComputerAsiaBs offers you three 'shows-within-a-show' and a series of seminars. ComputerAsiaBs now includes ProCompAsia the Professional and Business Computer Show, and SoftwareAaia the Applications Show; admission
      217 words
    • 98 3 £l restaurant LUNCH SPECIAL Enjoy a superb Hunan cuisine at a charming 25% discount It can only happen at Charming Garden restaurantslA Come experience the pleasure of our tempting Hunan and V Sichuan cuisine. Exquisitely prepared, and served in an ambience that's charmingly elegant. Like our 25% offer, the lunch
      98 words
  • Page 3 Miscellaneous
    • 71 3 Doonesbury G&ATKBWOTBSPeeCH, PR3SIP6NTPUKS. ALL OF US A& LOOKING FORMf&W VBW ILLUMINATING I GVUCCIC.II HA USm,AFTBRT>emNBLTOWGHT.IMfTYOUTOTR/A urns SOMETHING ?V&B6£N WRUNG ON. I CALL IT ns K wM M r.i 1 m KSi m 1 a 3 1 F i i r-= i L V# IV BY GARRY TRUDEAU m m a
      71 words

  • Page 4 Advertisements
    • 159 4 The Genting Convention Special Package from 2nd Jan to 30th Nov 1985 for 20 to 200 persons For only'MSl99/SSIB2 per person, hereswhat you get Sharetwin accommodation at the luxurious Genting Hotel Meeting Room with breakfasts kindies and dinners Welcome dnnk for ail delegates Free use of indoor stadium facilities 20%
      159 words
    • 11 4 fori Am Clipper Class. For Hie Price Of An Economy Ticket
      11 words

  • RAW MATERIALS
    • 70 5 Robusto 20/25% FOB NSW 430 00 Nutmeg 110 FOB NSW 462 00 E&W FOB NSW 330 00 Gambier FOB NSW 330 00 London Commodity Exchange Setters' closing prices o n Aug 14 (US$/long tonne CIF European ports, unless otherwise stated) Pepper (Sarawak) Faq, spot 4000 White faq, afloat
      70 words
    • 280 5 Singapore (SS/Vi4o, ex-^odown) Fragrant new crop 1st 0.80 2nd 058 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-super 054 Special 0 52 Thai Rice 55% no stock China Rice 10% no stock 15% 0.75 25% no stock 35% no stock Thai Boiled Rice 5%
      280 words
    • 153 5 MALAYSIAN crude palm oil prices closed slightly higher yesterday on further short-covering as sentiment was supported by firmer Chicago soyoil futures. Light covering interest ahead of India's expected weekly vegetable oil tender today was also accounted for. Trading remained thin. August deliveries in the south and central regions
      153 words
    • 131 5 SOYBEAN futures on the Chicago Board of Trade surged after mid-session on Wednesday and then closed off the day's highs, up S 3 A to 3'/2 US cents a bushel. November ended in the upper end of a 9 3 cent range. Professional house buying sparked a long-awaited short-covering
      131 words
    • 135 5 WHEAT futures on the Chicago Board of Trade closed three to 13/*I 3 US cents a bushel higher on Wednesday in moderately active trade. December ended near the middle of a 4Vi cent range. Professional house buying in most grain and soycomplex pits, including wheat, sparked local short- covering
      135 words
    • 385 5 COFFEE Robusta futures traded quietly yesterday morning, with partial holiday closures on the continent dampening interest. Midday prices were unchanged to £6 higher. Early average £8 losses reflected steadier sterling against the dollar. But conditions were thin, and prices edged back to unchanged levels by the recess. SUGAR
      385 words
    • 333 5 SINGAPORE The market closed quietly higher yesterday with September One RSS buyers quoted at 164.75 cents per kg, up two cents from Wednesday. The morning session gained 2.25 cents following firmer overseas advices and reports that Inro buffer stock manager had bought about 2,800 tonnes of one sheet, SMR
      333 words
    • 13 5 /JL KL TIN W""* Price 30.80, down 0.03 T urnover 115, up 32
      13 words
    • 342 5 RAS prices S canti/lg, FOE in boles NOON CLOSE Buyers 5tM<n Buyers Sellers Int 1 RSS Prompt 166 00 167 00N 165 75 166.75N Int 1 RSS Sept 85 165.25 165 75 ***** 165.25 Int 1 RSS Oct 85 163.25 163 75 162 75 163.25 Int 2
      342 words
    • 104 5 (cents/kg, 1-ton pallets) jjpj gj OCT 85 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 140 50 142 SON 141 50 143. SON SSR 50 138.50 140 50N 139 50 141 50N MRELB Buyers Sellers Buyers Sellers SMR CV 185 50 187
      104 words
    • 166 5 Yarn (In HK$ per baU of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,500 Blue Phoenix 20"* 2,550 Blue Phoenix 32'$ 3,000 Blue Phoenix 40's 3,350 Carded yarn, hank Blue Phoenix 2l's 2,800 Combed yorn, cones Blue Phoenix 32's 4,200 Blue Phoenix 40's 4,400 Open-end yarn Blue
      166 words
    • 306 5 Reuter THE INTERNATIONAL Natural Rubber Organisation (Inro) council has cut its reference price to 201.7 Malaysian/Singapore cents from 207.9, effective immediately. The reference price triggered buffer stock buying and selling. Inro said in a statement after a three-day special council session its intervention "may-buy" price had
      Reuter  -  306 words
    • 391 5 Reuter A HALT in the decline of coffee prices has lessened the possibility that International Coffee Organisation (ICO) exporting countries will call for an emergency executive board session to propose an extra one-million-bag cut in ICO export quotas in the current final quarter to
      Reuter  -  391 words
    • 103 5 AFP AUSTRALIA is heading for record export wheat sales this year in spite of undercutting by some of its competitors and declining world demand. The Australian Wheat Board said a record sale of 14.25 million tonnes was expected in this shipping year, which ends
      AFP  -  103 words
  • Page 5 Advertisements

  • AIR CARGO
    • 398 6 PASSENGER and cargo traffic between Singapore and Papua ,New Guinea (PNG) is expected to increase by 15 per cent a year over the next few years. To handle bigger business volume, Air Niugini intends to double its service to Singapore to two flights a
      398 words
    • 199 6 A NEW Japanese-British air freight venture has been set up on June 1 for the benefit of Japanese and UK exporters and importers. The air cargo division of the Japanese group Hanshin has established a joint operations system with Mercury Airfreight International of London to offer
      199 words
    • 467 6  -  By LIM SOON NEO THE VOLUME of air cargo handled in Singapore so far has not taken off well as the global economic slowdown took its toll on the air freight of Singapore, in particular exports. Latest figures from the Department of Statistics show
      467 words
    • 113 6 NORTHWEST Orient Airlines has increased its Tokyo/San Francisco/ Dallas-Ford Worth flights from five flights a week to seven weekly. This is the first time that any airline has offered daily flights between Tokyo and Dallas-Fort Worth. From June 6, the airline has been operating 122 trans-Pa-cific flights
      113 words
    • 490 6 AN AVERAGE annual growth of 10 per cent for 1986 to 1990, and 8 per cent for the subsequent years, has been forecast for the Singapore air freight industry, in spite of the present global economic slowdown. The Civil Aviation Authority of Singapore (CAAS)
      490 words
    • 104 6 THE LARGEST American overnight express organisation, Federal Express, started operating its own aircraft in the North Atlantic traffic via Stansted to Brussels on June 5. Since June 15, the company has been offering a daily Boeing 727 flight payload of about 13,500 kg eastbound and 10,800 kg
      104 words
    • 56 6 ARAB AIR '86, an exhibition and conference on civil aviation, will be held at the Dubai International Trade Centre from Feb 16 to -20, 1986. The exhibitors will present a wide variety of equipment and services, including aircraft, navigation aids, ground equipment, cargo handling, airport planning,
      56 words
    • On the wing
      • 57 6 BRITISH CALEDONIAN has launched a weekly service between London's Gatwick airport and Riyadh, its third destination in Saudi Arabia. The Saturday flight to Saudi Arabia wiS be completed by an outbound flight every Thursday from October. British Caledonian will continue with its daily flights to Jeddah
        57 words
      • 75 6 CATHAY PACIFIC Airways will introduce twice weekly B-747 scheduled passenger and cargo services from Hongkong to Rome and Paris early next year. The flights, which are subject to government approval, will depart from Hongkong every Wednesday and Saturday. CPA already has established services to London and
        75 words
    • 312 6  -  By BRIAN GOMEZ SINGAPORE Airport Terminal Services Pte Ltd (SATS) saw its operating revenues rise by 9.5 per cent to a record $200 million in 1984/85, while costs rose by 8.3 per cent. According to the Singapore Airlines (SIA) annual
      312 words
    • 253 6 ARRIVALS Operator Flight number tun* From FRIDAY KAL KE697 0040 SEL TMA TL35I 1130 BEY/SHJ KUL FT FT71 2355 BOS/JFK ANC/NRT TPE FT FT5I59 0400 AKL/SYD MEL SATURDAY CAL CI333 0130 TPE CV CV796 0815 LUX/DXB KAL KE685 1910 SEL SUNDAY TMA TL355 0830 BEY/SHJ KUL FT FT73
      253 words
  • Page 6 Advertisements
    • 190 6 The Business Times Special Report On September 19, Business Times features a major report on integrated office automation. In this incisive survey, Business Times provides the answer to greater office efficiency and productivity. Planned Office Explaining kev concepts and latest developments in the planned office, our comprehensive editorial coverage includes:-
      190 words

  • BANKING AND FINANCE
    • 375 7 Bernama BUMIPUTRA Merchant Bankers Bhd (BMB), the merchant banking arm of Bank Bumiputra Malaysia Bhd, was ranked 29th among the world's top 50 mergers and acquisitions advisers in the 1985 Euromoney mergers and acquisition guide. BMB is one of only two Malaysian merchant banks
      Bernama  -  375 words
    • 112 7 Reuter BANKING HAS BEEN declared an essential service under Sri Lanka's emergency powers following a threatened walkout by employees of two state-owned banks demanding higher wages. Official sources said that bank employees who failed to perform work entrusted to them would run the risk of
      Reuter  -  112 words
    • 483 7 Cyclical trend broken, says Bundesbank Reuter PRE-TAX bank earnings in West Germany continued to rise in the first half of this year after recording a gain last year for the fifth year running. The Bundesbank said in a study in its August monthly report that the
      Reuter  -  483 words
    • 204 7 Reuter THE BUNDESBANK is cutting the discount rate to 4 per cent from 4.5 per cent and the Lombard rate to 5.5 per cent from 6 per cent, effective today. The cuts were announced in a statement following yesterday's central bank council meeting. The Association of
      Reuter  -  204 words
    • 313 7 Reuter THE BRITISH TREASURY may make some modifications in the details of its monetary policy later this year, but is likely to retain some role for a broad measure of liquidity in the overall framework, government sources said. They said that
      Reuter  -  313 words
    • 178 7 Reuter THE GOVERNMENT of Ecuador said it had signed a US$2OO million 10-year loan with its 300-odd commercial bank creditors. The loan will be used mainly to pay off arrears on its trade-related debts. The new money is part of a refinancing package,
      Reuter  -  178 words
  • MONEY AND EXCHANGES
    • Article, Illustration
      632 7 SINGAPORE: THE US dollar weakened against most major currencies in moderate late trading yesterday mainly on selling by the Middle East and European operators, after a mixed opening. Most operators were waiting for the US July industrial production figures which were expected to show a small rise of
      632 words
    • 230 7 Interbank rates at 3pm yesterday: Md Offer c fOM parity change Local dollars to one unit of foreign currency: US dolor ***** ***** 2 8196 -21 83 Sterling pound ***** ***** 7 3469 -58 23 Australian dollar 1 5538 1 5567 ***** -54 68 NZ dollar 1 2099
      230 words
    • 363 7 RA Futures Inc EURODOLLAR futures opened higher yesterday following the strong closing on CME on short-covering. The near term outlook was mixed as interest rate outlook was still uncertain. The September contract gapped one tick higher than CME's level at 91.95 and touched 91.96 before closing at 91.95. Currency
      RA Futures Inc  -  363 words
    • 120 7 THE OVERNIGHT rate on the Singapore interbank money market rose by point from Wednesday to close at 4'/2 per cent yesterday. The one, two and threemonth term rates remained unchanged across the board. S$ Interbank rates at 3pm yesterday: cm»f Bid Over night 4 1/2 4 3/8 1-month
      120 words
    • 343 7 Asian market ASIAN dollar deposit rates closed steady yesterday at opening levels in quiet afternoon trading. News that June US business inventories recorded a rise of 0.4 per cent had little impact. Most operators were waiting for the release of US weekly money supply figures. Overnight firmed Vi point at
      343 words
    • 273 7 HONGKONG: The metal closed firmer yesterday in fairly active trading on revewed buyqng interest, dealers said. They said US and Middle Eastern traders bought on the weakness of the US dollar, noting some local short-covering was also evident. The metal ended at U*****.70/329.10 an ounce compared with New York's
      273 words
  • Page 7 Advertisements
    • 119 7 COURSES AT CHINESE CHAMBER The Singapore Chinese Chamber of Commerce and Industry will conduct the following courses (medium of instruction is English) at its Hill Street premises soon: No Course Title Duration Foe 1 LCCI Elementary Aug 16 Nov 1 $100 Book-keeping Frl (12 lectures) 7.00 pm 9.00 pm 2
      119 words
    • 281 7 I Singapore Buffet Aug. s—ll A delicious exploration of some of Singapore's best-loved dishes, with a different menu every day A good selection of orignal creations including Smoked Duck. Char Siew, Bak Koot Teh. Nasi Lemak. Gado-Gado and for dessert. Assorted Nonya Cakes. Ice-Kachang, Water Chestnut and others. French Provincial
      281 words

  • FEATURES
    • 478 8 SHIPYARD EXECUTIVES have accepted that something has to be done to overcome excess repairing capacity. But what exactly needs to be done remains unclear. Several yards have adopted the quick-fix approach: they have resorted to cutting back on their manpower by sending foreign workers home and
      478 words
    • 1486 8  -  A CD today is not something a bank persuades you to buy. Rather, the term stands for compact disc and it is helping to set the stagnating US audio industry on fire as major manufacturers scramble to satisfy demand, reports PAUL TAYLOR from
      FT  -  1,486 words
    • 434 8 FT IT IS NOT just Americans who have fallen in love with the compact disc. In Switzerland, West Germany, Holland and France, sales are also soaring. The British, still recovering from their passion for home computers and video
      FT  -  434 words
  • Page 8 Advertisements
    • 245 8 L I 0^ limit V 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
      245 words
  • Page 8 Miscellaneous
    • 716 8 CRYPTIC PUZZLE ACROSS 4 Letter to the paper for a pear (6) 7 Seal bock in the woter (5, 3) 8 The kind to study? (6) 10 I'd get out of Florida for her (5) 13 Cause of sobs among the workers? (4) 14 Story of wild teal (4) 15
      716 words

  • SPORTS
    • 638 9  -  SINGAPORE LADIES' GOLF ASSOCIATION Ic/ mu/f de Cartier Rons 1985 AMATEUR OPEN CHAMPIONSHIP Leisurely win for perennial favourite By BRIAN MILLER KEE BEE KHIM's margin of victory in the Cartier-sponsored Singapore Ladies Amateur Open golf championships yesterday was five strokes. A leisurely win by all standards. But
      638 words
    • 488 9 UPI ROD CAREW doubled in one run and Ruppert Jones singled home another in a two-run 12th inning on Wednesday to lift the California Angels to a 3-1 victory over the Seattle Mariners in Seattle the first game of a double-header. Gary Pettis opened the 12th
      UPI  -  488 words
    • 318 9  -  By ANNA TEO CHAMPAGNE and beer greeted the crew of Pocket Battleship when she kissed the shores of Plymouth at 3.30 am on Wednesday in England, after more than 80 hours out in stormy waters in what was the toughest Fastnet event since the tragedy-struck
      318 words
    • 249 9 SINGAPORE'S David Lim clipped four-hundredths of a second off his national 100-metre backstroke mark yesterday at the Pan Pacific swimming championships in Tokyo, joining four other Asian swimmers who set new national records for their countries during the opening day's heats. David clocked
      249 words
    • 211 9 UPI THE CAPTAIN of the US Walker Cup team in next week's match against Great Britain feels some pressure in maintaining a winning record in this biennial international golf series. The US has beaten Britain six straight times and has a 26-2-1
      UPI  -  211 words
    • 324 9 Body Language HEALTH is a condition which involves a person's psychological and physiological "wellbeing". A psychologically healthy person does not suffer from depression, has a positive image of himself and others, an optimistic outlook on life and an overall sense of inner peace. Physiological
      324 words
    • 269 9 Reuter PLAYING with the assurance that he is on the way to regaining the splendid form that took him to an 82-3 record last year, top-seeded American John McEnroe eliminated compatriot Tim Wilkison 6-2, 6-4 in the second round of the Canadian Open
      Reuter  -  269 words
  • Page 9 Miscellaneous
    • 1221 9 to ohd mm j||.<i I. FRIDAY MOVIE On Goldm Pond 10.15 pm, Channel 5 Katherine Hepburn and Henry Fonda portray a couple how they in their twilight years cope with senility and a daughter who is about to marry again. Jane Fonda, Doug McKeon and Dabney Coleman (inset) join the
      1,221 words

  • INTERNATIONAL STOCKS
    • 338 10 NYT BEAR, STEARNS 4CO,a Wall Street maverick that is one of the few remaining large brokerage partnerships, has decided to make its first public offering of stock and debt securities. Its chief executive, Alan C Greenberg, on. Wednesday said: "Our intention now,
      NYT  -  338 words
    • 121 10 Reuter COMMODORE International, once a high-flying US home computer company, is to take a "significant" year-end inventory write-down which will cause losses of about US$BO million in its fiscal fourth quarter. The loss will leave Commodore, which only a year ago declared record profits of
      Reuter  -  121 words
    • 34 10 neuter INVESTMENT ADVISERS to UPI have been asked to draw up a list of potential buyers for the news agency by Sep 13, a lawyer for UPl's creditors said on Wednesday. Reuter
      neuter  -  34 words
    • 371 10 Reuter SHARE PRICES gained on Wednesday as bargain hunters moved in after a series of losses that drove prices down in the first half of the month. The Dow Jones Industrial Average was up 1.68 to 1316.98. The average price per share gained three
      Reuter  -  371 words
    • 108 10 AUG 14 a knp Ol hco 51* 19* 41* unch AbMh 36* hi Pro* Pip« 42* 17* -tt 21 Vt 15* 21* 20 30 3 150 Bonk Nova Scotio M Canoda BP Con Ltd 13* 42* 32* unch inch Mc BhxW Motoon A 20* 16* 25* 30* 36 18*
      108 words
    • 201 10 UraMC 500 unch AU4 14 WooKronh ***** INDUSTRIALS Ml MMGS 840 -20 2870 -20 Aborcom 175 unch -10 Angtvoal 7so -50 AE And O 790 4S0S Byfoon Bumb 6850 2725 -25 Chart «r 5208 unch 1050 -35 Cam Gold 1290 -10 2275 -25 9758 240 1110 3 4500 -100
      201 words
    • 667 10 AUG 14 us$ Alcan AJurrwi Alcoa ABo^mny Lud ABod Cham Cp AM StOTM AbOMhan Am Brandt Inc Am Broodcott Am Can Co Am Cyanamd Am Else Pwr Am Express Am Horn* Prod Am Motan Cp Am Native Gas AmTall Tat Amax Inc Amaroda Hiu AMF he Amr Corp
      667 words
    • 876 10 Amsterdam UK U Fh 4-/-kflN 522.00 45 Unn *7 50 +1 5 Khotd ***** *42 Kkzo 122-40 4-0.9 KMEV 265.00 +0.5 Kmtat Krrro Bank 87.50 ifKh 45 90 mcti k* 97 30 4)7 Baiuvi ***** 43 k4A Sir Tat 102 50 407 Catand 3870 40.2 Catv* 452.00 -5
      876 words
  • Page 10 Advertisements
    • 538 10 I id wlm. Mm PEET A The siiufituj swsatkft at Robins km Roolside. sth floor Royal Holiday Inn Singapore 7 30pm Barbecue Buffet Dinner 9 00 pm Fashion Show 525 50 per person (plus 10% service charge 3% cess) For reservations. crease call *****66 ext 1662/1698 Royal Singapore A miniature
      538 words
    • 5 10 London stocks on pag* 13
      5 words

  • ASIAN STOCKS
    • 427 11 HONGKONG: Share prices yesterday reversed early gains to close lower, after a late round of selling aimed at bank and utility stocks. Turnover climbed to HK5365.90 million in the full day of trading against $163.67 million in Wednesday's half-day session. The Hang Seng Index finished 7.18 points lower at
      427 words
    • 198 11 AUG IS AJ Sincara India MT 2.70 0 09 Lian Hwo Indus Nan Yo Ptas 9 40 21 80 1395 0 15 +0 1 0 15 Alio Ctnwit Cathoy Con* 2010 22 60 unch 0.1 Pociftc Elact 12.20 +0.2 Chang Hwa Bank 44 SO -02 084 002 Chan Loang
      198 words
    • 306 11 TOKYO: Share prices closed higher on buying interest yesterday, at first in domestic-orientated shares, then spreading over a wide front. The market average finished 64.38 higher to *****.02 after gain- ing 92.93 on Wednesday. The turnover was 470 million compared with 380 million on Wednesday. Constructions and housings led
      306 words
    • 99 11 MANILA: Share prices closed generally steady in quiet trading yesterday. The Commercial and Industrial Index dipped by 0.04 to 137.X. The Mining Marker was unchanged at 644.10 and the Oils Index steady at 0.726. AUG IS Montttl Onantai B 0 012 0.12 unch •0 005 Angto Phi 0001 unch
      99 words
    • 325 11 SYDNEY: Australian share markets closed firmer yesterday in steady trading with market leader BHP leading a late rally. Brokers said that the market opened nervously on a lack of buying interest but recovered on the strength of aggressive buying of 2.6 million BHP shares. The All Ordinaries Index closed
      325 words
    • 156 11 BANGKOK: Prices continued lower in slow trading yesterday. The Book Club Index shed 0.32 to 138.90 as losers outnumbered gainers by seven to one. Turnover dropped to 132,301 shares worth 16.9 million baht from 303,011 shares worth 39.2 million baht on Wednesday. The Seoul market was cloaad yaatarday for
      156 words
    • 453 11 Reuter THE SHARE PRICE of Japan Airlines Co Ltd (JAL), which fell heavily after its 747 crashed on Monday, is unlikely to recover fully because the incident may slow government moves to deregulate the airline industry. However, said analysts from major Japanese securities houses, the crash
      Reuter  -  453 words
    • 106 11 Renter BOND CORP Holdings Ltd will take a 20 per cent share in an onshore oil exploration contract on China's Hainan Island. Bond said it had negotiated to take two-fifths of CSR Ltd's 50 per cent share of the project which
      Renter  -  106 words
    • 257 11 Reuter HONGKONG BANK STOCKS, stunned two months ago by the near collapse of Overseas Trust Bank Ltd, are still lagging behind a strong market and analysts said they are advising clients not to buy banking shares. They do not expect more problems such as those
      Reuter  -  257 words
  • Page 11 Advertisements
    • 710 11 ii Wiier« to wim, *iiu<e and iatertria ir For a Peranakan 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 SSI4 00++ per person The Luna Coffee
      710 words
    • 70 11 Thai Seafood Served I n True Siamese Slvle m -*T 4 v 4 Thinking of food. Think Thai: Spicy Tomyum Soup, Charcoal-Grilled Seafood. Royal Thai Seafood and our other detectable Thai Cuisine. Or If you're a gourmet oook,take home some fresh seafood from our mini seafood market And cook up
      70 words

  • SHARE INFORMATION
    • 4219 12 SHARE PRICES on the Singapore stock market ended mixed yesterday with second and third liners providing most of the trading activity. The BT Composite Index gained 1.49 points to 649.65 and the Straits Times Industrial Index closed at 753.49, up 1.53 points. The final
      4,219 words
    • 230 12 SINGAPORE Rises MAA 3100 SMVM 298 Kiaa Jaa S0« 222 Faa-fl S0< 221 F A C 1 SOt 156 Piiai 490 C P»»artia 340 M S T 695 G—Hf» 565 S f H 555 Uvtroco 160 Falls D Kuwt 750 Sia lia 200 M CoWa* 428 Omm
      230 words
    • 3330 12 BID and offer prices officially luted 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 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,330 words

  • COMPANY NEWS
    • 487 13  -  By RAMESH CHANDIRAMANI GENERAL LUMBER (Holdings) Bhd has decided to go back on its much-delayed acquisition of the highly controversial Kelantan-based timber and logging company, Liva Enterprise (M) Sdn Bhd. The company disclosed yesterday that it had recently conducted an audit into the
      487 words
    • 134 13 MALAYSIAN FEEDMHU3 Ltd has told the Stock Exchange of Singapore that negotiations are still in progress on the proposed acquisition of effective control in the company by interested parties. The reply came in response to the SES query on Wednesday over the long suspension in trading of the
      134 words
    • 241 13 IN A SIGNIFICANT MOVE, Far East-Levingston Shipbuilding has concluded a 10-year licensing arrangement with Marathon LeTourneau Co of the US. The latter is reputed to be one of the leading designers and manufacturers of jack-up platforms in the world. The arrangement will give FELS
      241 words
    • 555 13  -  By CHAN OI CHEE BARELY TWO YEARS after the Low Yat group gained control of Mount Pleasure Holdings (formerly textile maker Public Corp) through a reverse takeover, the company has set its sight on a major acquisition. Mount Pleasure disclosed yesterday that
      555 words
    • 539 13 THE RALLY on Wednesday was only a brief respite as investors lapsed into an indecisive mood yesterday, causing share prices to close mixed with an easier bias on the Kuala Lumpur stock market. This was in spite of the commencement of the
      539 words
    • 2528 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. MDUSTRMLS AISB (868) (3) 86 (5) 87 (10) 86.5 dan
      2,528 words
    • 98 13 HONGKONG Wednesday 1391.3 Week ogo 1362.4 Hong Seng Index Thursday 1684 55 NEW YORK Wednesday 1691.73 Week ogo 1673.55 Dow Jones Wednesday 1316.98 TOKYO Tuesday 1315.30 Tokyo Dow Jones Week ogo 1325 04 Thursday ***** 02 Wednesday *****.64 Stondord Poors Week ago *****.03 Wednesday 187.41 Tuesday ***** Week
      98 words
    • 229 13 Monogers' priccs for Aug 16 8mgapor* Unit Trust The Comntrct 1 62 1.72 The Sowing* Fund 1 29 1.37 S'pore Prog Fund 0.72 0.76 S'pore Sec Fund 1.01 1.07 S'pore Invest Fund 0.77 0.82 S'pore Equity Fund 0.73 0.77 Asia Unit Trust Mot Invest Fund 2.09 2.22 Mol
      229 words
    • 902 13 SHARE PRICES closed firm yesterday with sentiment helped by the prospect of lower interest rates, dealers said. At 3.54pm, the FTSE 100 share index was up 7.3 to 1,300.4. The recommendation by the Building Societies Association that home loan rates be cut by over one per cent rekindled
      902 words
    • LATEST RESULTS
      • 100 13 Qroup pre-tax profits edged up to MH7B million in the half-year ended June 30, 1985 (*4-67 million). Total turnover roee to $4BJ million tram $44.87 million. Net after-tax earnings also rose marginally to $2.49 ($2.43 million previously), giving earnings per share of nine cents against 8.8 cents.
        100 words
  • Page 13 Advertisements
    • 182 13 APPOINTMENT BiO LjVsJ POST OF VICE PRESIDENT AFC, a regional development finance institution, has a vacancy for an experienced individual to assume the post of Vice President to assist the President in the general management of the Corporation and specifically responsible for business promotion, project evaluation and project financing activities.
      182 words

  • 580 14  -  By ALVIN TAY THE GOVERNMENT'S outstanding external borrowings dwindled to $641.1 million last year the lowest in nine years and one that will certainly be envied by many developing countries. The Monetary Authority of Singapore, in its 1964 annual report, said that the Republic's
    580 words
  • 647 14  -  Companies likely to take drastic measures By LUCY NG OIL EXPLORATION companies are expected to cut back further on staff, reduce their office sizes, give up their warehouses and even pull out of Singapore altogether over the next six months as oil prices look likely
    647 words
  • 497 14 AS COMPANIES supporting offshore oil drilling activities in Indonesia are being directed to move from Singapore to Batam Island, one marine base operator has ensured that its role would not diminish. Singapore Offshore Petroleum Supplies (SOPS), which manages the Loyang Marine Base, has registered a
    497 words
  • 135 14 Reuter INDUSTRIAL PRODUCTION in the US rose 0.2 per cent in July after revised increases of 0.3 per cent in June and 0.2 per cent in May. The Federal Reserve Board said previously that output rose 0.1 per cent in June and
    Reuter  -  135 words
  • 299 14 MANY SINGAPOREANS may find it necessary to flee the country by boat if they become susceptible to the influence of the opposition parties and irresponsible elements. This warning was sounded by National Development Minister Teh Cheang Wan at a National Day
    299 words
  • 233 14 FURTHER development of the Asean region will depend largely on the private sector, which was mainly responsible for the region's 44 per cent growth in tourism revenues between 1900 and 1964. The Minister of State (Trade and Industry), Dr Wong Kwei Cheong, has
    233 words
  • 189 14 MALAYSIA'S five national joint councils (staff side) will go ahead with the proposed industrial action and nationwide strike. NJCS coordinating council chairman Ahmad Nor said yesterday that the NJCS at the same time were prepared to continue to hold discussions with the government
    189 words
  • 133 14 Bernama AN EMERGENCY MEETING of the MCA central committee will be held in Kuala Lumpur this morning to work out a plan to settle the 18-month-old party crisis in what is seen as a bid to stave off any possible move to get
    Bernama  -  133 words
  • 116 14 Reuter COMEX GOLD FUTURES made an impressive rally of more than US$7.OO an ounce yesterday morning on technically motivated buying after the market went through a recent double top. The pace-setting December delivery made a rapid advance to $341.50 on stop-loss buying following the penetration of
    Reuter  -  116 words
  • 72 14 Reuter THE NEW YORK stock market staged a broad early advance yesterday, which continued the week's recovery rally. Analysts said US industrial production figures, which were about as expected for July, might have calmed some fears about the economy. The Dow Jones Industrial Average edged up IV»
    Reuter  -  72 words
  • 50 14 AP INDONESIAN Foreign Minister Mochtar Kusumaatmadja said yesterday it was too early for Asean to form a common market. He said the association had not yet reached the level of integration attained by Europe. "Even Europe still has its own problems within the Common Market," he said. AP
    AP  -  50 words
  • LATE FILE
    • 69 14 Reuter CANADA yesterday said that it was recalling its ambassador to South Africa for consultations and said it would take* further measures if Pretoria did not take concrete moves to end apartheid. External Affairs Minister Joe Clark said the government was appalled at the
      Reuter  -  69 words
    • 49 14 Reuter PRIME MINISTER Cesar Virata said yesterday that an early election in the Philippines might be necessary if doubts arose about the ability of President Ferdinand Marcos to govern. "It is very important for our government not to have any of these doubts," he said.
      Reuter  -  49 words
    • 77 14 AP A MANILA appeals court yesterday ordered Cathay Pacific Airways to pay US$lBO,OOO in damages to the wife of a high Philippine official and three other women who claimed they were treated rudely by an airline supervisor. Defence Minister Juan Ponce Enrile's wife, and three
      AP  -  77 words
    • 41 14 Reuter INDIAN Prime Minister Rajiv Gandhi and militant Assamese leaders yesterday signed a peace agreement to end six years of ethnic strife in the north-eastern state where 900 people were killed in riots in 1983. Reuter
      Reuter  -  41 words
  • Page 14 Advertisements
    • 191 14 ■a 0 S t 4S i At Ardmore Park, a typical Sunday morning with our neighbours is spent playing tennis, swimming, sunbathing and lunching on curry by the pool. The kids never had so much fun; we have never made so many friends! Living at Ardmore Park also makes sense.
      191 words
    • 345 14 Advertisement Cheers! Dt's time to put one's thoughts of business aside for a moment and contemplate the more important aspects of life, namely the pleasure of a perfect port... 0n 1815, when Napoleon threw in the towel, the noble house of Cockburn's was establishing itself as the premier merchants of
      345 words
  • Page 14 Miscellaneous
    • 59 14 Outlook for todoy: Cloudy with showers in several areas in the late morning and eorly afternoon. Report for 24 hours prior to 7 30pm on Aug 15 at the oirport: Maximum temperature 28.5 Associated humidity 72 Minimum temperature 21.3 Associoted humidity 95 Hours of sunshine 0.45 Rainfall in millimetres 22.8
      59 words

  • SHIPPING TIMES
    • 104 15 Seatrade Week NIPPON KOKAN Kaisha of Japan has taken the cue from its compatriots, Mitsui Engineering k Shipbuilding Co and Hitachi Zosen, to construct a new graving dock. The dock will be on completion in October to become Japan's largest open graving dock, measuring
      Seatrade Week  -  104 words
    • 417 15  -  By G DURAIRAJ SHIPPING LINES lifting timber out of Malaysian ports have expressed surprise over the excessive freight rates quoted by the Malaysian Umber Industry Board which local exporters are supposed to have paid. Several shipping lines providing outbound services from Port Kelang to major
      417 words
    • 322 15 THE PORT Authority of Thailand has qualified seven local and international firms to participate in tenders for the leasing of Sattahip Deep Sea Port on a long-term basis. A PAT source told the Bangkok Post that the seven companies are MultiTerminal International
      322 words
    • PORTSIDES
      • 30 15 Reuter MEMBER LINES of the Far East/Somalia Freight Conference said they will cut their bunker surcharge to 26.1 per cent from 30.5 per cent, effective Aug 20. Reuter
        Reuter  -  30 words
      • 36 15 Reuter MEMBER LINES of the Australian and New Zealand/Eastern Shipping Conference said they will raise their currency adjustment factors (CAF) to minus 7.5 per cent from minus 11.5 per cent on Aug 22. Reuter
        Reuter  -  36 words
      • 96 15  -  By Kingsley Weed THE BRITISH consortium ACT has added the eighth container ship to its fleet sailing from Australia to UK/Europe-North America. The 2,400-TEU capacity City of Durban has been taken on long-term charter and renamed ACT 8. A spokesman said the addition did not indicate
        96 words
      • 62 15 THE EIGHTH meeting of the joint Iraqi-Soviet committee on maritime navigation opens in Moscow. Abdul-Sattar Farman, undersecretary at the Iraqi Ministry of Transport and Communications, said the six-day meeting would explore ways of expanding cooperation between the two countries in maritime transportation, the oil tanker industry and fishing.
        62 words
      • 29 15 AFP THROUGHOUT the world, 925 unprofitable merchant ships were scrapped in the first half of this year, the West Germany Institute on Transport Economics announced. AFP
        AFP  -  29 words
    • 813 16 FT PROFITS OF leading US container shipping companies crashed heavily in the first half of 1965, as last year's surge in trans-Pacific cargoes to the US slowed to a gentle crawl and more new vessels were delivered on to the market.
      FT  -  813 words
    • 362 16 Reuter WHEN SAUDI Arabian multi-mil-lionaire Adnan Khashoggi bought his jumbo-sized cruise yacht, he found it was too big to dock in most pleasure-craft marinas, but now the Port of Antibes has come to his rescue. An enlargement project financed by Khashoggi's
      Reuter  -  362 words
    • 93 16 IRAQI warplanes on Wednesday hit "a large naval target" (a term usually employed to mean a tanker) in an unspecified location in the Gulf, an Iraqi military communique announced. Independent monitors on constant watch for ships in distress in the area had not yet confirmed the attack,
      93 words
    • 864 16 A Top Ent X 4 AB Shpg V 5 Atea Line VI 3 Affinity Shpg X 2. Ahrenkiel Liner X 1 AC T oepfer X 5 APC Lme V 4 APL M 2/3 Antoh Orient X 3 Arrow Lines X 5 Attas Lines X 1 Anro Service
      864 words
    • 1435 16 RENEWED activity in the Iron ore sector on Wednesday featured an otherwise dull freight market, shipbrokers said. Iron ore fixing was mainly to Continental destinations witha vessel booked [or 150,000 tonnes from Dampier to Rotterdam at U555.65, another for 140,000 long tons from Punta do Übu, Brazil, to
      1,435 words
    • 246 17 UPI A UNITED States Coast Guard ordered a closer inspection of a firedamaged freighter carrying a load of Japanese cars after a small flash fire erupted in a compartment during a search of the vessel. The Coral Ace with its cargo of 2,503 Nissan
      UPI  -  246 words
    • 435 17 the Middle or Far East. Lloyd's List THE NORWEGIAN car transport specialist, Hoegh Ugland Auto Liners (Hual) has won a two-and-a-half year contract worth up to US$2OO million to carry exports for the Japanese manufacturer Nissan. The deal is expected to involve the movement of
      the Middle or Far East. — Lloyd's List  -  435 words
    • 199 17 AFP A HUNDRED Filipino crewmembers from a luxury cruise ship left Vancouver for home by air on Wednesday, after launching an apparently unsuccessful wildcat strike to protest pay and living conditions. The Filipinos make up a fifth of the crew aboard the luxury liner Noordam, which
      AFP  -  199 words
    • 58 17 MR KIYOSHI Itok, executive vice-president of Kawasaki Kisen Kaisha Line, has been appointed president. He takes over from Mr Kiyoshi Kumagai, who has assumed the new position of representative director/chairman of the shipping company. Mr Itoh, aged 62 years, graduated in law from the prestigious Tokyo University
      58 words
    • 114 17 A CONTAINER ship came to the rescue of the fuelstarved Virgin Atlantic Challenger on Wednesday to keep alive the powerboat's bid to break the trans-Atlantic record. The catamaran, bidding to capture the coveted blue riband for the fastest sea crossing, was almost out of fuel when
      114 words
    • 185 17 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      185 words
    • 101 17 Fairplay IN SPITE OF predictions that more than one dozen VLCC replacements were to be ordered during the present fiscal year under the Japanese government's 41st shipbuilding programme, it now seems that no more than five will be built. According to the Japanese daily, the Kaiji, only two
      Fairplay  -  101 words
    • 3042 22 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.
      3,042 words
    • 527 23 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Khd Reptn 29AW/85 16.8.85 1600 S'pore Sov F7 0700-0800 B6 Annopurna 425 16.8.85 2100 Sea Consort F7 1100-1300 U1 E Gleamy 00 IRE 16.8.85 2300
      527 words
    • 1688 23 Who acts for whom The leading ehlpplng line* operating from local ports and their agent*. A-l A Top Entorprisas h« Ltd Soma (S) AB Shipping Bousteod Shpg Agencies Af*o Lin* African Shpg Agencies (S) Ahrenktel Liner Km Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) Muthport Sdn Bhd (PK)
      1,688 words
    • 514 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Jalayomini Meipng Mild Sea N Baltimore No 9 Donam S Kingsbird Lm Petalmg Sevan Jenhol Kim Soon Li Ninh Co Ned Moji Ginga Maru Johneverett Angelique New Line No 2 B Tribute K9 K35 K27 K12 K2I
      514 words
  • Page 15 Advertisements
    • 904 15 hi Scanii This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense tHfßrmKwnp OfttENi Overseas Cmtdtm LINE 70 9mm» W*r Dm HMM s* tot 221M11 TM* NUB ***** as orra tfc #omm t# 2223 m Tarawai OHkc
      904 words
    • 68 15 wm PROFITS OF leoding US container shipping companies crashed heovily in the first holf of 1985, as last year's surge in trans-Pacific cargoes to the US slowed to a gentle crawl. Pag« II HOEGH UGLAND Auto Liners (Hual) has won a 2Vi-year contract worth up to USs2oom. Page 111 Index
      68 words
    • 1026 15 A hard look at what it 1 will take to succeed in business for the next 20. years With turbulent m times ahead. forewarned will be forearmed $22.00. TIMEI THE BOOKSHOP S\j cotss MAERSK LINE Vot S" por* EXPORT TO USA. EUROPE. *Sappan Qmi I«b CY 11/O 1500 MRS Cn-U/lOHH
      1,026 words

  • Page 16 Advertisements
    • 508 16 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA South WMt at Tokyo Foodor at Koto* Atlantic/Canada rsadar at Kotoo F««*r M fmar ace SLQRT ACE 19/t 20/1 22/t P ARROW 21/9 24/9 UL ME 21/9 22/9 25/9 UHK M 21/1 27/1 29/t BEJSHU M. 2t/9 1/11 TO*TO M 27/9 21/9 i/U L AMMOSE
      508 words
    • 254 16 Supercarrier Service zvs 22/1 in v* 1V» 12/4 zm nn 3/14 vu NEXT WHBVAISBABKR TO6A 10/8. M ROCHESTER i/ 9. BARKR TAMP* 6/9. ROTTFRDAM 24/9 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA ii/» 114/9 23/9 nn nn nn w» vm 19/9 a/9 1/11 2/11 4/M S/M S/i 7/1•
      254 words

  • Page 17 Advertisements
    • 864 17 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited I CONIAINERSHW SERVICE TO UK CONTINFNT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok PEGASUS n» pegasus ran bkor h tot/17 A« 23-24 Am| BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SW6APORE TO SABAH. SARAWAK AMD BWfC
      864 words
    • 756 17 Franco But yum Services (Mt WBf R Of ACI CONSORTIUM! rrw PJEUMBIt Itam V4m rStoaa Mm Hto»a» M CMM COHTMO 21 tat <1* tat) Sap M tap 12 Sap MS# IS Sap w tap aroHßHOfi 21 ta| (2C tat) II Sap 17 tap If tap 21 Sap 22 tap HONGXONC
      756 words

  • Page 18 Advertisements
    • 720 18 4? Hapag-Lloyd TO CONTINENT/UK I S pot PKHanMSton Kowtow Bo BefuMei C 4» at idmhui jn Funtlwt Eipreu Cardifan Bay Kanutura Maru Liverpool Bar Benavon Ml 21 8 9 V> t 21 14 9 4 9 5 9 23 9 12 9 14 9 1/10 It 9 20 9 110
      720 words
    • 485 18 J&.&LINE FULLY CONTAINERISED SERVICE 10 EUROPE VIA SUE/ 1 Comortum Spiff P «eun( I Iftbffc Rdun F stout Mbuj Mmtrp 9 9 10 9 I? 9 14 9 1/9 16 9 17 9 19 9 21 9 124 9> 23 9 24 9 26 9 ?8 9 <1 10) JO
      485 words
    • 943 18 r O EVERGREEN full Container Service Round-The-World East Bound Service (FE/C ARIB/USEC/E'JRO/FE) SfiP HKG KSC KLG PUS OS* TVO ISM CHS NVC Ml MC fIJ If 17/1 21/1 22/1 2«/ l 27/1 21/1 M/l 11/1 22/1 M/l 21/1 1/11 7/11 1/11 11/11 12/11 VII 25/1 21/1 1/1 4/1 (/I 7/1
      943 words
    • 273 18 as I NOSE MARITIME PTE LTD Kf f\l ISLAMIC REPUBLIC OF HVjJ IRAN SHIPPING LINES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC VOK PKetan Lm*| tar SUN CORAL 23/1 Lm, t. Mvnky, Hmtart Kids, Ribart, S.c Mm iwpN ca|M tar FU •< 1 PAOHC Pwta) SUN UNION LINE u
      273 words

  • Page 19 Advertisements
    • 777 19 rVv PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 COLOMBO/CHITTAGONG/RANGOON SERVICES KOTA BERJAYA KOTA RATU KOTA BERUAN KOTA PELANGI CHINA SERVICE BANGKOK/INDONESIA SERVICES SHANGHAI, FAR EAST SERVICE TAIWAN/JAPAN IFULL CONTAINER SERVICEI fcV 3 18/8 Ihi Port 117/1 121/8 23/8 1 21/8 1 29/8 24/8 27/8
      777 words
    • 471 19 BEN LINE CONTAINERS J^Al^jj EXPRESS COWTJUNE* SERVICE FROM UK/CONTRENT ALL VESSELS ACCEPT TRANSHTMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS KkJJEBSEN LINE NFW ZEALAND 111 *****44 B£N i IN€ \iNI,APOKf N: 111 386b?1 PORT Kft ANG If I BfNEKRA lUMPUR 111 .""1319 Bf NOtRA PIN ANG I 1 PORT KELANG
      471 words
    • 557 19 DJAKARTA LLOYD INDONESIAN NATIONAL l !NT u.MJMHiy/aTTH STORE BUSAN YOKOHAMA KOH lUMSWC Ml STOK IHMMHT m/m 14/1 17/1 22/1 24/1 21/S SON* »23 MB 24/1 27/1 29/1 2/9 4/1 9/1 ECU® ALJtI LLiILLILI: WEST BOUND stOH BUM 8800 ITMH/ U1 KBBt/ smiMK »low Ml lIS IS-IS/9 21 22/1 2J-24/J 25-24/9
      557 words
    • 495 19 BOUSTEAD SHIPPING AGENCIES a SPORE R'DAM HULL HMBG SAMOA 17 Aug 13 Sep 22 Sep 17 Sep 3 Sep 28 Sap 6 Oct 2 Oct HYUNDAI MERCHANT MARINE 3,f.v ii.ii -i,ii USA SERVICE PACfIC/GULF/ATLMmC PORTS S port Mmkm T* Mate L* tor HYUNDAI Ni 5 2*/« to Part 22/1 IA/IMfe/Natoa
      495 words

  • Page 20 Advertisements
    • 1163 20 USA CANADA *JTK line KAWASAKI KISEN KAISHA, LTD. FEEDER/ OMENTA! CHEF V44E ASM SIM V 39 (Including DESTINATIONS INLAND via IPI/MICRO BUDGE MINILAND BRIDGE) MOTHER VESSEL STOKE PKLG PENANG STOKE T/S WRT LA/IB SEATTLE OAKLAM) VAN BC PORTLAND PI ANT IN Vl5 20 Aug (BU) 30 Aug 11 Sep 14
      1,163 words
    • 584 20 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading hx lOS ANGf US SAM FRANCISCO SEATTLE. TACOMA VAMCOUV(R BC Accepting FCI/FCI Containers P Mang Swgapoie I Angeles IATEMXT M/U U# t Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI 'FCI Containers AABKOAS V 24 1/? Sepl 2/3 S«pt RAVOAS V2B 13/14 Sept
      584 words
    • 375 20 SANKD ASIA FROM JAFANfSC FONTS AND HOMGKOMC O GOLDEN LINE EUAN GUAM SWUNG (HE) LTD K.m fl numi M MN. M Cad Stoat KMi IIM TU 22U7* (II IKS) Tat Mala Uapv MTU P. Mm *7*l 3ES4SS Pa* Ma| DM UOTD (V) SM M m STRAITS/PERSIAN GULF SERVICE: *****1 NftttN
      375 words
    • 366 20 INTRBSEA IPTE) LTD 10 Anson Ro<id~ »27 16 I nte? n<4*«O n <* Singapore 0?0 Tei 224hb 1 1 1(; L '<es o BREAKBULK SERVICE TO EUROPE/UK I AND S port PAeUflf lu*« tar: TBN VOTI2 5/1 t/9 MmUcm/Mkli/ «iHtc Tin 11 nun if*) lit none amii I. law BKTMC
      366 words

  • Page 21 Advertisements
    • 505 21 Also accepting cargo to/from Scandinavia C CONTWNER S'pore Clos»ng Times: F& Cargo 0400 21/8 LCI Cargo 1200 20/8 FROM EUROPE (VIA SUEZ) Hawo 0 CHEF 44C Sailed K MCEJM 29. Sailed NOTSWiaL Sailed aOCAKR 36E 21/8 I SS BMDGE 51L 28/8 1 C PAUL 45E 4/9 1 Where PK dates
      505 words
    • 121 21 TTT CO. PTE. LTD 24-12 Tang Eng B4<ig 101 Cecil Street, S'pore 0106. Tel: *****11/ *****30/ *****25 Tl«: RS ***** Lionwin WCEROY 25/2* Sept CHERRY CRYSTAL 25/30 Sept SENG HONG 17/19 Auc Siw/Kuchinf KION6 CHUAN SHIPPING (S) PTE LTD Tel: *****30 A *****13. TELEX MO: R8 ***** KIONG' ETA ETD
      121 words
    • 590 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON nn tana/MM b Pari 11/1 Dma/SMN 17/1 21/1 23/» »/t Omm/wm 4/9 7/1 Dm/MSI IS/> l»/» omm/M7N 23/J 27/1 OM/M7N 2/11 C/ll Dmm/MM t/ll 11/ It 2»/« M/» 27/1 »/l l»/» 1/11 17/11 2»/ II 14/11
      590 words
    • 724 21 SINSOV I SINGAPORE SOVET SWUNG CO PRIVATE LTD SMSOV BULDMG 55. Martet Street Snfapore 0104 ToMmm Nwfters *****3 (15 Urn) Cable Address SMSOV SMMPOK Telex Numbers RS ***** IS ***** IS ***** f kelamg pemmc M/S SHMKiT MM SOON SON. MO. IST AMD 2ND FLOOR. IKSSRS Ml DOS SMPPMG 23
      724 words
    • 17 21 M MTA jJJ-J 1 Agents: JAMBA TAN MERAH SDN. BHD. P. Kelang: *****8/7 K.L. *****7/*****1 Penang *****
      17 words

  • Page 22 Advertisements
    • 722 22 ICt'{|iiMtal Container Lilies 4 Sailings weekly 1{ N 111 Fast Reliable Regular nin lp •Punctual Berthing P S A Mon, Tue. Thur. Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LIVER FORTNIGHTLY FULL CONTMNER SERVICE aaa TO EUROPE LEWS 4/15 GLNJCMAU I/R5 COTTBUS 4/15 CRMMRTSCMRO 7/15 MUEULHRUSEN 4/15 STORE MINIEM
      722 words
  • Page 22 Miscellaneous
    • 148 22 amm m A. I/A mi i n °C yA cr* Wind direction with spend in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJfl. THIS MORNING. legend: StoC^r" 1 Tef direction with spend in knots R* l Wave height Cloudy Sky Bufaee winds are Indicated by arrows which
      148 words

  • Page 23 Advertisements
    • 172 23 iL W\ EAST ASIA LINE l (Malaysian Flaa) (Malaysian Flag) > imwmmwawfMimdu P. Kotong Pfong S'por* Ldg tor MUM 17/1 15/« N3OU POTMM IS/S kbulm MrM/nuns/niPM somea LAMBOR jjt/jjjjjj/ EMSriSM 9MB SML BHD, PI. T4 JMO22/K MFK Kl. T* S3SIII/S3SIIO COVB SVfM, STOK I* *****97 SANKI SHIPPING CO LTD rrm
      172 words
    • 171 23 u V a hg I I "I- Jl 1 SannCES TO CNUTA6OM AGENTS: BAYANIHAN SHIPPING PTE LTD TIL: anna Km) Tlk M Ml« 7 MAYHAN 2MBOM (DMECT UNE) CONCORD LINES jf-1 11 VH ;r, a; I I y;M BTHVy concon i 11/15 21/1 f/ts nn CMTTMQMC Part. CONCORD MARINE PTE
      171 words
    • 267 23 TO* C/V C LINES WEEKLY FCL A LCL CONTAINER SERVICE STORE I BfcX M 6 KM KB MB MM MS IMIILKV.SII 11/ l 21/1 27/1 29/1 4/9 V« CHUNG UEV.SI2 31/» 3/3 9/9 11/9 lt/9 19/9 21/9 KUO HSMK ¥.501 9/9 12/9 lt/9 21/9 21/9 25/9 21/9 27/9 KUO LUNG
      267 words
    • 34 23 LIN UN SHIPPING PTE. LTD. 1. Miiiitw Moat MS-M. CMM M*« T«t ummiumb WEEKLY SERVICE SINGAPORE TO KUCHING SIBU TO "3. 2 I I < U2UC LUX ARMAGNAC V9LSS 2t/9 I M/ 9 I Mff
      34 words
    • 3 23 LIZENA PTE LTD
      3 words

  • Page 24 Advertisements
    • 224 24 STONEAGE FOB 22/1. 25/8, 2/9, 12/9 »■>■■■■. W r tMkM iu MMR i rIMNI ZEAL AM) 20/1, 25/1 10/9, 19/9 Ifapiar ft Ntw Hyimutti PPW COMPIFX *1 MODIIIF 30 (0511) Teiei RS ***** STONF Tel *****33 (8 Lines) LS -'IXY Security Freight Systems Pto Ltd 14A BENOI SECTOR. SINGAPORE 2262
      224 words
    • 310 24 EXPRESS CONVENTIONAL SERVICE TO MB FROM IK/CONTMMT TO: EUROPE STCK PJSUMB KNMB SU M bM FROM EUROPE: KMNG t KELANG STGK KK UPI 21/24 tal 21/22 *u| 2S/2I ta| 21/31 ta| fOfc LWLNMIMI MOP LWI main agents: LEO SHIPPING PTE. LTD. SINGAPORE *****22 FARYS MARITIME SERVICES SON BHD KUALA LUMPUR
      310 words
    • 507 24 C.Y. LINE (A Member Of The ACE Consortium) CHO VAN 6 SHIPPING CO. LTD nut CONTMOUSED SBtVICf TO EUMH «M SUEZ) CHBM COHT MO 11* oevale* na mm HONGMNG COPTTAWI 46N oh htm. am *yn FULLY CONTMNERBID MVK2 FROM EUROPE SUEZ) AuINIS STRAUS CONTAINf R *GENC»S PU I ID lb
      507 words
    • 1076 24 t COMMIX KMIMM DC VWOKB (CM.) j I "PERUVIAN STATE UNE" S latdrnc tor Calao Mat** lo and al oO*t Penman parts nt* lw><—l at I 0* CPV Ihroafti B<«s ol lad«t to tmai Animation HUOMKTT mmkxoe^ktt Kwranr p. KriMf 22/24 N 25/21 N 4/«S* 15/11 Up 19/21 Sap "EVERETT
      1,076 words