The Business Times, 21 August 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIME M.C. (P) No. 99/1/85 WEDNESDAY, AUGUST tl, I*Bs 60 CENTS
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  • 466 1  -  Three deals brighten investment picture By FOO CHOY PENG AT A TIME when many companies are being forced to cut back their operations, a military precision optics manufacturer intends to increase its stake in Singapore by investing a further |6 million to
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  • 349 1  -  By LOH HUI YIN AGAINST THE TREND of falling Japanese investment in Singapore, the Asahi TV Glass group has made a major commitment to increase its manufacturing capacity. A new company, Asahi Techno Vision, with an authorised capital of $80
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  • 333 1  -  By SHAHRIR ARIFF IN SPITE OF THE RISE in costs in Singapore, directors of AMT Industries Pte Ltd are still making substantial savings from the transfer of their manufacturing from the US to the Republic. And now the high technology offshoot of
    333 words
  • Article, Illustration
    78 1 WITH HARDLY ANY positive Mm to lift iiTMton' spirits, share prices m the Singapore stock market closed easier to quiet trading yesterday. The BT Composite index lost 4JI potato to 148.8« while the Straits Times ladastriai index was down SJI potato at 754.88. Losers oatstrlpped gainers two to
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  • 365 1 IN THE SHORTEST-LIVED gesture of friendship since the Greeks presented the Trojans with a horse, Pepsi-Cola yesterday called on Coca-Cola for a one-day truce in the "Cola War". Then, in a cheeky ploy that must have left even Madison Avenue agape, Pepsi stage-man-aged its own
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  • 267 1 THE NEW ZEALAND government said yesterday it would cut the country's "unfair" income taxes by an average of 20 per cent next year. But Finance Minister Roger Douglas also told Parliament in a financial statement that the cuts next October
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  • 369 1 FAIR SHARES OF restraint by all levels of Singapore's workforce were called for by Mr Ong Teng Cheong, the secretarygeneral of the National Trades Union Congress, yesterday. He warned that the labour movement would not tolerate employers or senior staff who demanded
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  • 60 1 Bernama MCA ELECTIONS, regarded by all in the faction-riven party as the only sure way to resolve their 18-month-long crisis, has been set for Nov 24. The National Youth and Wanita elections will be a day earlier, the ad hoc committee appointed to clean
    Bernama  -  60 words
  • Page 1 Advertisements
    • 128 1 t^:l O) Machine 'yrg^u 1 ciT^com 1 w>TFmi pi ltd Tci 743 5555 Executive Loan Overseas Union Bank offers you a flexible loan programme which can turn your plans into reality. It covers everything from setting up a professional practice to ceremonial expenses to education costs. Loan quantum: $5,500 to
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    • 270 1 \mm SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS OUR VIEW THINNER SPREADS on loans need not result in lower profits for banks. By reducing their spreads and charging cheaper lending rates, banks will provide a useful service to the economy. They will be the eventual beneficiaries if borrowing is revived and
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    • 0 1 (%}+/\!}:@%~_]@@*<|{'_>|\-/^?[_
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    • 197 1 Where efficient and personalised service is a tradition 4k <H TOUR SEAS CA T o^se-s*.tc Innovest makes $46.8 m bid MALAYSIAN-BASED Innovest Bhd will pay chairman of Kentucky Fried Chicken, Loo Cheng Ghee, and other parties $2.60 per share for a 57.3 per cent controlling stake in the fast-food chain.
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  • HOME NEWS
    • 462 2  -  By LUCY NG SAVEWELL SUPERMARKET, the convenience store ct\ain, is facing winding up action after having been served a writ of seizure earlier this month. The winding up petition was filed on Aug 6, a day after the writ of seizure was served by
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    • 199 2 <-•' HOW SINGAPORE coped with the economic crisis when British > troops withdrew during the late sixties and the current strate- gies to pull Singapore out of the current economic downturn will be discussed in a talk organised by the Society of Modern
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    • 194 2 THE MESSAGE that greater productivity and teamwork are vital if Singapore is to regain its international competitiveness was driven home yesterday by Parliamentary Secretary (Trade and Industry) Sidek Saniff yesterday. "The responsibility of everybody in the present slowdown, no matter how humble
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    • 89 2 THE CONSUMER price index rose by 0.3 per cent last month from the previous month because of more expensive food and housing. Food prices went up by 0.5 per cent as dearer pork, vegetables and fruit more than offset cheaper rice, fish, eggs and cooking
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    • 451 2  -  By JAIME LYE THE NUMBER OF Asean tourists visiting Singapore continued to drop in the first half of this year compared with the corresponding period last year. Latest statistics provided by the Singapore Tourist Promotion Board (STPB) showed that 497,353 tourists from the region
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    • 282 2 THE MINISTRY of the Environment has released a list of 20 Austrian wines which have been analysed and found safe. Four out of the 24 Austrian wine labels imported into Singapore were found to contain the additive, diethylene glycol. They are
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    • 118 2 NINE ITALIAN leather goods manufacturers will be displaying their latest collections at the Hilton Hotel on Sep 9 and 10. The exhibits include exclusive and casual handbags, leather clothings, belts, travel bags and other small leather goods. Known as Promopel '85, the show is an
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    • 464 3  -  By JAIME LYE REDIFFUSION's list of subscribers has fallen to Its lowest level in more than ten years. Since dialect programmes were phased out in favour of Mandarin serials more than two years ago, the Republic's only commercial radio station's list of subscribers
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    • 98 3 FIRST DEPUTY Prime Minister Goh Chok Tong leaves Singapore this afternoon for Kuala Lumpur to address a dinner organised by the Harvard Club of Malaysia. He will speak on "Singapore and the Region: Challenge and Response" at the Regent Hotel. About 400 people,
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    • 82 3 THE STATE of the economy will be the subject of debate in Parliament when it sits on Sep 4. Two Members of Parliament, Dr Ow Chin Hock (Leng Kee) and Mr Lim Boon Heng (Kebun Baru), will raise a motion to get the House's commendation for the trade
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    • 202 3 ELSON NG has been promoted to vice-president and senior representative and manager of Wells Fargo's Singapore regional representative office. Mr Ng will be responsible for coordinating the bank's trade-related and correspondent banking services in Singapore, Brunei, Indonesia, Malaysia and Thailand. KELVIN YAP has been appointed managing director
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    • 420 3  -  By LEE HAN SHIH A MILLION-DOLLAR attempt to revive the spirit of Victoria Street's Furniture Row in Katong has set the stage for a fierce struggle among furniture traders in that area. Muscling into the Katong/Marine Parade area are six local' furniture wholesalers, trying
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    • 232 3 MR WEE SOO CHUAN and Mr George Chua yesterday emerged as the top men to lead the Singapore Bank Officers' Association (SBOA). At a meeting of its executive council, Mr Wee was elected the general secretary of the union while Mr
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    • 89 3 THE ACIDITY and dust fallout levels in Singapore in the second quarter of this year were similar to those observed in the previous quarter at 22 micrograms per normal cubic metre. However, the acidity levels from April to June this year were lower compared with
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  • Page 2 Advertisements
    • 379 2 YOU CAN TEU A LOT ABOUT PEOPLE BY IHE SHAPE THEY'RE And you can't be in better shape than when driving the Volvo 740 GLE. The prestigious, 2-litre car whose aerodynamic profile is recognised instandy. There's that unmistakable wedge shape, dipping front, clearly defined lines and high, upright rear section.
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  • Page 3 Advertisements
    • 280 3 WORLDW/DE COUR/ER Changing the way the world does business. It's not just the look of our menu that's changed 332 can often be deceptive. s**j A quick glance at the newly re-opened Shang Palace, for example, and you'd wonder what all the fuss has been about. The same striking B
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    • 270 3 HAVE YOU PLANNED TO EXHIBIT AT M*€ ENGINEERING DUILDCON MALAYSIA'B 6 PUTRA WORLD TRADE CENTRE, KUALA LUMPUR, MALAYSIA 20 23 JUNE 1986 Enquirers from Hong Kong, France, Germany, US, Italy, UK, Japan, Korea, Australia, Canada, Singapore and of course Malaysia already know that M E Engineering/BuildCon Malaysia '86 is the
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  • OVERSEAS
    • 690 4 Statistics cast doubts on the economy NYT AFTER SAYING for months that the US economy would rebound vigorously in the second half of this year, many American business economists are now downgrading their estimates of that rebound or pushing it further back. Last week's burst of
      NYT  -  690 words
    • WORLD IN BRIEF
      • 56 4 CONSERVATIVE Evangelistpreacher, Pat Robertson, whose televised sermons are seen by millions of Americans each week, has said he will run in the 1988 US presidential campaign. Mr Robertson, an avowed enemy of abortion, sexual freedom, and pornography, said his intention would be to run in the
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      • 63 4 BRITISH AIRWAYS said yesterday that its Boeing 747s examined so far had revealed no faults. The checks were ordered by the British Civil Aviation Authority after a Japanese Jumbo jet crashed, killing 520 people. A spokesman for British Airways said experts had cleared the tail section and
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      • 82 4 CORRUPT POLICEMEN and Communist Party officials in Hubei province, China disguised a convict as a police officer and swindled more than US$l,4BO from unsuspecting citizens. A Chinese newspaper said: "Looking only toward profit and turning a blind eye to principles, convict Liu Jianjun used uniforms, a pistol
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      • 67 4 AIR-INDIA was being urged to increase the maximum level of compensation payable to relatives of victims of its June 23 Jumbo jet disaster, a spokesman for Indians residing in Canada said on Monday. But even if additional compensation was made available, it would still be inadequate in
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      • 57 4 PAKISTAN'S Minister of State for Foreign Affairs Zain Noorani said on Monday that Pakistan would be willing to join India in renouncing nuclear weapons. "The real threat to a nuclearfree Asia comes from India which has the admitted capacity and capability to produce nuclear weapons and insists on
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      • 63 4 DRINKING wine is illegal and sinful and, on Judgement Day, those failing to abstain will regret it. According to the Ayatollah Ruhoßah Khomeini of Iran, drinking wine "is unlawful and is considered one of the biggest sins". There are some 3,000 aphorisms included in a collection of sayings
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      • 53 4 PEACE TALKS between the Sri Lankan government and Tamil militants were suspended £estpr T day to permit C010m56 *to pre-' pare a new autonomy proposal. Indian officials and rebel sources said representatives of the six Tamil groups at the negotiations in Bhutan left for Madras, southern India, to
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      • 65 4 Agencies AN ENGLISH-LANGUAGE version of Pravda, the community party organ of the. Soviet Union, will start coming off the presses in Minnesota as soon as there are sufficient subscribers paying US$63O yearly, a publisher said Monday. Charles Cox, the president of Associated Publishers, said he got the
        Agencies  -  65 words
    • 261 4 AP THE BRITISH Broadcasting Corp on Monday confirmed a press report that it conducted security checks on employees, but denied that Britain's MIS counter-intelli-gence service could veto hiring and promotion decisions. Responding to allegations published last Sunday in the
      AP  -  261 words
    • 359 4 AP CZECHOSLOVAKIA'S Charter 77 human rights group, holding out hope of Soviet reforms, says the orthodox communist regime in Czechoslovakia may have censored speeches by Soviet leaders before printing them. In a statement timed to mark the Soviet-led invasion of Czechoslovakia 17 years ago on
      AP  -  359 words
    • 256 4 AP COLOMBIA WILL BE exporting about as much petroleum as the smaller members of the Opec by 1987. But the country has no plans to join the Organisation of Petroleum Exporting Countries, the Colombian Minister of Mines and Energy, Ivan Duque, said on
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    • 415 4 AP SOUTH AFRICA'S ambassador-desig-nate to the US, Herbert Beukes, said whites would not give the black majority one-man, one-vote status in South Africa because blacks had a different "value system". Mr Beukes insisted on Monday that blacks could attain political equality. He said the
      AP  -  415 words
    • 130 4 AP BRITAIN'S Foreign Office has summoned South African ambassador Denis Worrall to urge clemency for a young South African poet due to be executed for the murder of a security policeman. "It was a final plea following previous representations made to the South African
      AP  -  130 words
    • 452 4 AP PRESIDENT Ronald Reagan will discuss "prospects for progress" in US-Soviet relations in a White House meeting next month with Soviet Foreign Minister Eduard Shevardnadze. White House spokesman Larry Speakes said on Monday that Mr Reagan had invited the Soviet official to come to
      AP  -  452 words
    • 725 4 ARRIVALS Operator Service Locol From number time PAA PA2I 0020 LAX/TYO/HKG SIA SQ41 0605 MAA CAL CI010 0815 JED/DHA MAS MH68I 0820 KUL KAL KE624 0840 KUL MAS MH603 0905 KUL MAS MH8I1 0940 PEN MAS MH67I 0950 KUL SIA SQI03 1005 KUL RBA BI421 1030 BWN
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    • 385 5 AP SMALL, TWO-DOOR CARS and Japanese models dominate the list of cars with the worst records of injury and vehicle damage in crashes, a US insurance industry group said. The car rankings were made by the industry's Highway Loss Data Institute covering
      AP  -  385 words
    • 283 5 Reuter POPE JOHN PAUL, who arrived in Morocco on Monday for a brief visit, said he basically agreed with the Muslim view that Jerusalem should have special international status. Speaking to reporters during the flight to Casablanca, he also reaffirmed his belief that
      Reuter  -  283 words
    • 247 5 AFP GROUPS OF CHINESE commodity experts will have to visit Indonesia for detailed negotiations on direct trade transactions before initial commitments are translated into concrete contracts, Chinese delegation leader Wang Yao-ting has said. More time is needed to conclude concrete sales contracts after agreeing
      AFP  -  247 words
    • 236 5 Reuter EGYPT IS IMPOSING stiff security to deal with the imminent return of thousands of its workers expelled by arch foe Libya. A senior Interior Ministry official, Major-General Fakhreddine Abdou, said yesterday that identity checks would be made on returning workers already pouring
      Reuter  -  236 words
    • 490 5 AP A GOVERNMENT STUDY group in Japan declared that direct foreign investment that can help other countries boost industrial vitality and competitiveness "is an important and urgent task" to help Japan deal with trade frictions. Whether Japanese companies make beer in China, televisions
      AP  -  490 words
    • 249 5 AFP SOME TAIWANESE businessmen are acquiring "made in Taiwan" certificates for foreign goods to benefit from lower import tariffs in indirect trade with China. An informed source, which is familiar with Taiwan's booming indirect trade with China, said on Monday that some Taiwanese traders
      AFP  -  249 words
  • Page 4 Advertisements
    • 102 4 IAWNESI RtSTMIRAHT Welcome to the Unkai. The completely refurbished, totally Japanese restaurant at the Century Park Sheraton. Where the art of dining is so authentic, you'd think you were dining in Japan. And from Ist to 31st August only, all beverages from our beverage trolley will be on the house.
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    • 11 4 Em Am Clipper Class. For The Price Of An Economy Picket.
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  • Page 5 Advertisements
    • 722 5 Some words to the wise... International Information Management Conference, Sept 3-*****, World Trade Centre. Some words from the wise... Come and hear leading experts in Computers and Information $200 P®* ~V_ S Management from the U K USA lor aH 6 sessio China. Hong Kong Taiwan and Or £50 per
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    • 65 5 Enjoy the warm attentive service and the complete amenities we have for* great stay 300 superb rooms and Sokes Talk of the town restaurants, The Chalet (continental) The Kampachi (Japanese), The Golden Phoenix (Chinese), Coffee Shop (24-httur cofiee house) Bar lounge Businessman's Centre ShoDoim? Arcade r XV: i a VfWM.
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  • Page 5 Miscellaneous
    • 36 5 Doonesbury PR.6ORP, AUBTHERB any othezside effects ASSOCIATED MWNTBiSirr J tUESHOULPBEAUAREOF? V v w 42. mi,r^HfTEHsrrrssmsv SHAPE SOME OF THE MtLP UNPLEASANTNESS ATTimMP TO fTSCHEMICAL COUSINS-. W i» lit' 1 n 41 Ji LI BY GARRY TRUDEAU
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  • TRAINING & DEVELOPMENT
    • 326 6  -  By BOEY KIT YIN SPERRY COMPUTER Systems will spend more than $500,000 to train six local graduates to increase its support capability in the region. The American multinational began a recruitment exercise last Saturday for the local staff with no particular discipline to fill
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    • 292 6  -  By LOH HUI YIN JAPAN, a keen supporter of the Asean-Pacific Human Resources Development programme, is to part take in almost half of the 32 projects under the programme. Four of the 15 projects in which Japan is taking part will
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    • 241 6 SOME BRITISH EXPERTS in industrial technology will visit Singapore next month to speak at an international conference. The conference, AIM '85, is being organised by the Singapore Robotics and Automation Association. It will be held from Sep 24 to 26 in
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    • 520 6 Seminars and courses DURATION Aug 27 TITLE Information Resource Management-T rends, Opportunities and their Impact on VENUE Shangri-La Hotel ORGANISER Singapore Institute of Management TELEPHONE *****66 Aug 27-28 Business Purchasing Skills for the Newly Appointed Buyer Mandarin Hotel Centre for Management T echnology *****22 Aug 27-30 Hydrogen Cracking,
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  • Page 6 Advertisements
    • 365 6 Pan Am has redesigned the Clipper Class cabins on every 747- 100's we fly to make sure it's the business class to beat. Enjoy the experience next time you fly one of our 747-100's to Hongkong, Honolulu or Los Angeles. Buy a full Economy Class ticket and experience the extra
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    • 162 6 DAI-ICHI HOTEL The Excellence of International Standards, The Charms of Traditional Service. II traditional service and complete facilities make a difference to you. then stay at the Dai ichi Hotel (Singapore). Travellers and guests will discover restful comfort in our 420 luxuriously furnished guestrooms which command a panoramic view of
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  • BANKING AND FINANCE
    • 812 7 SINGAPORE THE US dollar yesterday extended its marginal morning gains against most major currencies helped by some short-covering but trading was thin throughout the day. It rose to a late 2.7635/45 marks from an early 2.7585/95 and New York's 2.7550/65 close. It firmed to a late 2.2615/25 Swiss
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    • Article, Illustration
      277 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Short-dates weakened between 1/16 and l point at the start due to a lower US Federal funds rate and remained unchanged in subsequent trading. Overnight and Wednesday/Thursday closed at S l7 eight per cent
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    • 213 7 HONGKONG: GOLD yesterday closed weaker on profit-taking in moderate trading. It ended at U*****.80/336.30 an ounce compared with New York's 338.00/50 close and the 338.30/80 finish here on Monday. On the local market, gold fell HK$l7 to $2,123 a tael. Krugerrands lost $15 to $2,635, equivalent to U*****.50. TOKYO:
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    • 225 7 Interbank rotes at 3pm yesterday: Local dollars to on* unit of foreign currency ■M Offer cr oae parity a**"** US dolor Sterling pound Australian dolor NZ dolor Canadian dollar 2 2200 3 1068 1 5618 1 1855 1 6371 2 2210 3.1094 1 5647 1.1927 1 6391 *****
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    • 348 7 BA Futures Inc EURODOLLAR futures yesterday opened slightly higher than Monday and remained firm as market expected a weak revised second quarter US GNP figure to be announced yesterday. Trading was very quiet as dealers stayed on the sidelines ahead of the release of this data and uncertainty over
      BA Futures Inc  -  348 words
    • 75 7 THE OVERNIGHT rate on the Singapore interbank money market fell by l point from Monday to close at per cent yesterday. The one-month term rate rose 1/16 point while the two-month rate fell by 1/16 point. The three-month rate remained unchanged. S$ Interbank rates at 3pm yesterday: Offer M Ovef
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    • 276 7 FT SOUTH AFRICA'S Reserve Bank yesterday cut its bank rate by 1.75 per cent in a move designed to restore confidence in an economy battered by political violence. Domestic and foreign business confidence in the South African economy hit an all-time low last
      FT  -  276 words
    • 114 7 Reuter JOHNSON MATTHEY, a British group whose bank collapsed last year sending shock waves through the City of London, has announced a refinancing deal worth £276 million. Under the package, announced on Sunday night, a syndicate of 34 banks will put up credit facilities, cash
      Reuter  -  114 words
    • 117 7 Reuter MALAYSIA'S gold and foreign exchange reserves fell to M 59.99 billion in July from $10.01 billion in June, compared with $9.32 billion last July. Bank Negara Malaysia said total assets rose to $16.86 billion at end-July from $16.77 billion at endJune and $15.96 billion
      Reuter  -  117 words
  • Page 7 Advertisements
    • 182 7 ■V t v i > K y m+ 77/f s/(M< s t/rt ///>'//. Bui the table is low. The girl brings the drinks and the glimpse of thigh draws vour client's eve away from your contract, fit hind, the singer is st reaming "feelings" and you 're feeling like screaming.
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  • FEATURES
    • 462 8 PROFITS ARE NOT something that banks willingly sacrifice when the economy is down. If bank profits fall, as those of the Big Four have by between 5 and 11 per cent for the first six months of this year, it is not because banks have willingly
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    • 1920 8  -  Who is right and what is wrong in the advertising industry's search for a better deal among its ranks? Will changes in agency payment methods help in hard times? MONICA GWEE listens to the pitch. MONICA GWEE THE MANAGING DIRECTOR of an advertising agency is
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  • Page 8 Advertisements
    • 259 8 Architects, Designers, Contractors Specifiers INTEADEC I^l TOUR EVENT OF THE YEAR INTERDEC '85, in its 3rd presentation, will feature the very latest in interior and building products. Exhibitors will include Government sponsored groups from Australia, New Zealand and Sweden, and individual companies from more than 16 countries. PRIZEWINNING DISPLAY FEATURE
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    • 70 8 W^thr is PRECIOUS. Drink spa. SPA *e: Sfi\ MINER AI WAT I K FROM HI I M SCRAP $240 for old CTV ITT Digivision 3786 HiFi i The First Computerized Colour TV in the World D/P $240/-H/P->l42>lBMonths Cat «1w adverlaciMnt to |d a tie* VTV Rack wank »5V- to« triy
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  • Page 8 Miscellaneous
    • 671 8 OLD joucs is m fcyumOOD— VM STtfcRiNG u)€JLL CLePkR OF HiOO TOOP^V... 'PXJRNING. nsSTfcoy... HeUJO.UJHftT'STHIS V» SOE.? x vi Tn«oee«nG CHiMEse BOCNS OM &0"TV» UJR.ISTS..P CRYPTIC PUZZLE ACROSS 1 It's quick and light (5) 6 Warm hearted por trait, possibly (5) 9 WeH I'll eat my hat! (4-3) 10 Mark
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  • SPORTS
    • 407 9  -  By ANNA TEO A SUPER-SLOW ball and a streak by dark horses as the top seeds fell by the wayside just about sum up the recent Ovaltine Individual Graded Championships at the Kallang Squash Centre. The double yellow-dot ball, slower and with less bounce than
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    • 288 9 AP AUSTRALIAN fast bowler Jeff Thomson was involved in angry scenes with spectators on Monday before his side stumbled to the brink of defeat on the fourth day of the fifth Test at Edgbaston. Watched by millions of television viewers, Thomson appeared to
      AP  -  288 words
    • 525 9 NYT DENNIS CONNER, the West Coast yachtsman whose 12-me-tre Liberty lost the America's Cup to the Australians in 1963, thinks of his experience in sailing the way a pilot measures his in terms of hours on the job. For Conner, that adds up to 8,000
      NYT  -  525 words
    • 234 9 AFP THE EUROPEAN Athletics Association has named British world record holder Steve Cram and compatriots Sebastian Coe and Derek Redmond as part of the combined European team for the World Cup athletics tournament in Canberra in October. But Britain's Zola Budd, who won
      AFP  -  234 words
    • 240 9 AP CHRISTY O'CONNOR Jr, joint third in last month's British Open golf championship, was quoted on Monday as saying he was "disgusted and totally shattered" at being omitted from Europe's Ryder Cup team against the US. O'Connor failed to make
      AP  -  240 words
    • 395 9 UPI AMY ALCOTT has mixed emotions about the exclusive, 12player World Championship of Women's Golf. "Don't misunderstand, I like the format, the idea that you have to be one of the best and earn your way into the tournament," she said after winning
      UPI  -  395 words
  • Page 9 Advertisements
    • 113 9 Congratulations and best wishes to the Public Utilities Board and Christiani Nielsen on the contractsigning for the Pulau Seraya Cable Tunnel Project. m T dW as m ■at Self propelled rock cutter suction dredger "TAURUS" 121, 500 hp) and trailing suction hopper dredger "Hendnk Zanen" (5.750 cu m.) at work
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  • Page 9 Miscellaneous
    • 1167 9 (MD MM® Boys Ars Best 6.50 pm, Channel 5 When the guy who sublets Martha her apartment decides to move back in, the latter decides to seek help from arch-rival Lisa after unsuccessful attempts to find an apartment. APPLAUSE: The Song Writers Presenting E Y Hsrburg 9.00 pm, Channel 12
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  • INTERNATIONAL STOCKS
    • 187 10 Reuter WASHINGTON POST Co has agreed to pay US$35O million cash for 53 cable television stations owned by Capital Cities Communications, the two companies said. The purchase gives Washington Post, which publishes the newspaper of the same name, a foothold in 15
      Reuter  -  187 words
    • 63 10 Reuter AMERICAN BRANDS's American Tobacco Co division will become a separate and wholly-owned subsidiary effective from Jan 1. Thomas C Hayes, the president and chief operating officer of American Tobacco, is expected to become the chief executive officer of the subsidiary. He will replace Virginius Lougee,
      Reuter  -  63 words
    • 123 10 Reuter BROKEN HILL PTY has agreed to buy Getty Oil Co's 50 per cent stake in the Escondida copper project in Chile. Getty is a Texaco subsidiary. Details will be announced when the agreement, subject to government approval, is finalised. The BHP subsidiary,
      Reuter  -  123 words
    • 41 10 Reuter ROTHMANS International PLC has no plans to associate with Arthur Bell and Sons PLC in spite of a discussion between the chairmen at the two companies last Thursday. Rothmans issued this statement on Monday in reply to press speculation.
      Reuter  -  41 words
    • 349 10 Reuter SHARE PRICES ended mixed on Monday in very light trading as investors awaited some sign that the US economy might revive in the second half of this year. The Dow Jones Industrial Average dipped by 0.22 point to 1312.50. The number
      Reuter  -  349 words
    • 121 10 AUG If Abftix c* 20* fcnp 0* Inco 51* 19 inch unch 36* Int Pro* Plpa 41% 20% M m* 16V* I-, Karr Add 16 unch 29% •Vfc LoMow B 20* 13% Moimy Farg 3* unch 42% Mc BkxM 20* BP Can Ltd 13% Mohan A 16* 30% Moor*
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    • 209 10 UNMT 505 5 AUG IT Woohrorth I500B -25 MOUSTMALS MM MNGS S30S 2970 70 Abercom 175 inch 85 10 ***** +90 175 A£ And a 785 410 BKroors 7275 2710 •HO Chart* 600 70 1065 Com Gotd 1470 95 C G Smith ■rm -50 Cora Murch 1025 25 230B
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    • 665 10 AUG 19 US$ Alcon AJumn Alcoa Albany Lud AWd Cham Cp A ft Alto jforn Mi Qiufciwn Am Brandt he Am Broodcott Am Can Co Am Cyanamid Am Bac Pw Am Enprm Am Horn* Prod Am Motor* Cp Am Notvral Go» Am Tal T«t Amax Inc Amarodo Ha»»
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    • 903 10 Amsterdam AUG 19 fh AM 51X00 +7 Aaoon 97 40 +1 AhaM 239 00 +0 2 Akxe 122.00 +04 AAAFV 274.20 -0.3 Aintoi Ann hi 86 50 -0 2 ■afcrf 45 30 +0.3 ■afc 98 40 +0 9 Bnmm ***** +8 Bmki* Btf T« ***** +0.5 Catand 37.90
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  • Page 10 Advertisements
    • 548 10 <S-J[ M 9? V. Wimt i® wine, tflae mm eaiertai» •u LV v» NONYA FARE Every Wednesday Friday at Terrace Garden Price:sl2.oo** Time: 12 noon-230 pm how: 1.15 It I.M i'l liiilf u 181. Kitchener Road Singapore 0820 Tel *****22. fi A sumptous buffet lunch awaits you with savoury specialities
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    • 165 10 >$)~]^'(^,]\*}{$,"{-'$`@-&'"&[} sv for authentic Teochew delicaaes, come to Pbig Cheng Lou A 4* Special Family Menus 9 120* Menu (for 6 person*) Crown Prince s three-dish combination Teochew soyed goose meal Dried scallop with green vegetables Braised duck with lemon in soup Steamed pomtret Oessert $80 Menii (for 4 persons)
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  • ASIAN STOCKS
    • 391 11 HONGKONG: Share prices closed weaker in active trading yesterday, mainly on profit taking, brokers said. They said that, in the absence of fresh factors, institutions had no incentive to push the market higher, and small investors tended to take their profits right away. The Hang Seng Index fell below
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    • 224 11 AUG 20 NT Lien Hwa lr>dus Non Y a Plas 930 21 50 unch 0.1 Al Sincere Indus Asia Cement 311 20 00 22 50 0 14 unch 0 1 Pocific Cons Pocifk Elect Wire Poolung Paper 1390 12 25 0 89 005 0 2 004 Chang Hwa Bank
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    • 369 11 TOKYO: Share prices closed slightly lower in selective trading, with many investors holding off ahead of the revision of US second quarter GNP later yesterday, dealers said. The market average fell six to 12,634.05 from Monday when it rose 27.74. The turnover was a relatively large 470 million shares
      369 words
    • 97 11 MANILA: Share prices closed mixed in continued dull trading. The Commercial and Industrial Index fell 0.18 to 137.12, the oils marker rose 0.003 to 0.740, while the mining index was unchanged at 639.31. AUG 20 Monted Oriental B Phdex B 0013 0 1250 unch 0 005 0001 0 0032
      97 words
    • 293 11 SYDNEY: A late buying rush on market leader BHP pushed Australian share markets higher after a day of lacklustre trading, brokers said. There was some profit-taking in gold stocks but most investors stayed on the sidelines awaiting the federal budget later yesterday. By the close of trading, the All
      293 words
    • 60 11 AUG 20 Bonk Seoul Won 675 Hyundai Const Hyundai Motor •CAL 896 880 432 unch 5 651 1 715 -5 730 unch 1 453 KOToSh* 379 450 -3 Lucky Ltd 618 -2 653 -7 700 480 •3 812 -1 592 +2 1210 Honri Bk 745 611 -4 260 -5
      60 words
    • 163 11 BANGKOK: Stock prices closed lower in quiet trading which was concentrated on blue chip 6, the Securities Exchange of Thailand said. The Book Club Index fell 0.62 point to 136.93 and declines led advances by more than a three-to-one margin. Turnover was 249,794 shares worth 90.1 million baht against
      163 words
    • 60 11 Reuter TAIWAN'S Cathay industrial group has sold its Lai Lai department store chain to Taiwanese car maker Sanyang Industries Ltd for US$32 million. A Cathay spokesman says the group is considering the sale of other of its more than 80 affiliated companies to repay debts estimated
      Reuter  -  60 words
    • 472 11 Company better placed to make acquisitions TAI CHEUNG PROPERTIES, which has been rumoured as a takeover target of Malaysian financier Khoo Teck Puat, has trimmed its long-term liabilities in the year ended March 31 by 18 per cent. According to the South China Morning Post,
      472 words
    • 84 11 Reuter CHINA INTENDS TO BUY modern gold mining equipment from the US, the Netherlands and Canada for the 139 gold mines to be opened or expanded during the 1986-1990 five-year plan. The official New China News Agency quoted the manager of China Gold Co as
      Reuter  -  84 words
    • 140 11 AFP TAIWAN HAS APPROVED A US$l6O million investment proposal submitted by the US Du Pont Nemorus and Corp Inc to manufacture the white pigment titanium dioxide. An official said this was the largest investment involving a single foreign company ever approved by the investment commission. Du
      AFP  -  140 words
    • 87 11 euter SHUI ON INVESTMENT has obtained a two-year US$36O million loan from a five-bank syndicate led by the Hongkong and Shanghai Flanking Corp to finance an office building in Hongkong. Shui On will itself finance the rest of the $530 million project.
      euter  -  87 words
  • Page 11 Advertisements
    • 553 11 «i)/> i For a Fteranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for only SS14.00++ per person. The Luna Coffee House, Apollo Singapore. We've a variety of
      553 words
    • 104 11 HONG KONG DIANHN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. i <4t > H2B2id6SjCZII3i 4T m •Available from Ham 3pm 4 6pm llpm Set Breakfast Special* of Porridge 4 Man Xia available 19 Cairahilf Cirde Singapore 0922 TW: 734 6622 ortrideSo
      104 words

  • RAW MATERIALS
    • 441 12 American style 'dim sum' to whet Chinese appetite AP UNITED STATES wheat producers have launched a new project aimed at changing the centuries-old bowl of rice in southern China to a diet based more on American wheat. "There's been a high-level Chinese government decision,"
      AP  -  441 words
    • 693 12 COFFEE ROBUSTA COFFEE FUTURES at midday yesterday remained quiet and narrowly mixed at up £5 to down £2 a tonne from Monday's close with most operators withdrawn and volume thin. At midday, second position November was £2 down from the previous close at £1,700, in a £1,710/1,699 high/low.
      693 words
    • 370 12 RAS prices in M cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers kit 1 RSS Prompt 167 50 168 SON 167 00 168 00N Int 1 RSS Sept 85 167 00 167 50 166 50 167 00 lot 1 RSS Oct 85 164 00 164
      370 words
    • 103 12 (c«nt$/kg, 1-ton poM«tt) SEPT 85 OCT 85 (current month) (forword month) NOON NOON RAS Buyn l«iy«n S«N*rs SSR 20 138 00 140.00N 139 00 141.OON SSR 50 136 00 138 00N 137 00 139 OON MRELB S«ll«r» luytrt SMR CV 185 00 187 OON 186 00 188
      103 words
    • 2 12
      2 words
    • 181 12 Singapore (S)/kilo, en-godown) Frogront new crop 1st 080 2nd 058 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-super 054 Special 052 Thai Rice 55% no stock China Rice 10% no stock 15% 075 25% no stock 35% no stock Thai Boiled Rice 5% 060
      181 words
    • 218 12 WHEAT FUTURES on Monday closed 5 3/ to 1 3 4 US cents pei bushel lower on the Chicago Board of Trade, with September settling at US$2,B7 3 4, near the bottom of a cent range. Disappointed speculative selling now that last week's rumoured Soviet purchases appear to have
      218 words
    • 202 12 SOYBEAN FUTURES on Monday closed on or near the lows for the day, down 4'2 US cents to one cent per bushel, with September through March setting contract lows. November settled at US$5.O9 after posting a 3' 2 US cent range on the day. Trade talk that a significant
      202 words
    • 109 12 ACTIVITY was quiet on the Kuala Lumpur Tin Market yesterday and the price eased a cent to Ms3t.M a kilo, dealers said. The easier sentiment was inflnenced by a higher amount of tin supplied at 125 tonnes against 87 on Monday, which did not include foreign metals. The
      109 words
    • 181 12 Yarn (In HK$ per bote of 400 lb) China corded yarn, cones Blue Phoenix I6's 2,500 Blue Phoenix 20's 2,550 Blue Phoenix 32's 3,000 Blue Phoenix 40's 3,350 Carded yarn, hank Blue Phoenix 21 's 2,800 Combed yarn, cones Blue Phoenix 32's 4,200 Blue Phoenix 40's 4,400 Open-end yarn
      181 words
    • 215 12 SINGAPORE THE MARKET yesterday closed slightly firmer with September One RSS buyers quoted at 166.50 cents per kilo, up 0.50 cents from Monday. MALAYSIA The lack of Inro buffer stock manager buying of RSS Ones for Sept/Oct shipment saw the rubber market close slightly easier at 185.00 cents per
      215 words
    • 172 12 MALAYSIAN crude palm oil prices yesterday closed off the day's lows on shortcovering following the recent easier trend. Fresh buying interest at the low levels, reached under the influence of continued weakness in Chicago soyoil futures, also accounted for the late rebound. August deliveries in the central and
      172 words
  • Page 12 Advertisements
    • 131 12 Haw Par Brothers International Limited INTERIM RESULTS 30TH JUNE 1985 The unaudited Group results for the six months ended 30th June, 1985 together with the results for the corresponding period in 1984 are shown below: The Group's net earnings per share for the six months ended 30th June, 1985 were
      131 words
    • 657 12 FACTORY WANTED By International Firm Specifications: Production/ Office Areas 3,(XX) sq m Land Area 8,000 sq m Locality Jurong/Tanglin Halt Contact Purchasing Agents CITY VALUERS CONSULTANTS (PTE)LTD In Association With i DEBENHAM TEWSON CHINNOCKS 1 Colombo Court «04-03 Singapore 061 7 Telex RS ***** CIVALS TEL: *****74 NOTICES IN THE
      657 words

  • SHARE INFORMATION
    • 4252 13 THE SINGAPORE stock market moved sluggishly yesterday and most share prices drifted lower in quiet trading. The BT Composite Index lost 4.31 points to 648.86 and the Straits Times Industrial Index fell 3.91 points to 754.88. The final scoreboard showed 49 price advances
      4,252 words
    • 239 13 SINGAPORE Rises HK Tin Corp S0« 223 Sn tWtMM. 231 G 1 HU«i SO« 262 Tmm Engrg 240 G Lumber 130 Bat* It—■ 690 HLawtri SOi 216 Smw ka> 119 M Oiy*aa S0< 97 vu fyo jtv Falls Saa Vu* 295 M tiiiiiiiii 550 MTr 310 0
      239 words
    • 4258 13 BID and offer prices officially listed 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".
      4,258 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 649 14 mimt Bernama THE KUALA LUMPUR stock market is heading for a slow but sure recovery. A consensus exists among investment managers and economists that the mechanism for a sustained recovery has been set in motion, and share prices are unlikely to fall back to
      Bernama  -  649 words
    • 97 14 HONGKONG Monday 1384.5 Hang Seng Index Week ago 1386.4 Tuesday 1692.74 Monday 1711.51 NEW YORK Week ago 1687.09 Dow Jones TOKYO Monday 1312.50 Friday 1312.72 Tokyo Dow Jones Week ago 1314.29 Tuesday *****.05 Standard Poors Monday *****.05 Week ago *****.71 Monday 186.38 Friday 186.12 TSE Index Week ago
      97 words
    • 259 14 Managers' prices for Aug 21 Singapore Unit Trust The Commerce 1 64 1.74 The Savings Fund 134 142 S'pore Prog Fund 0 73 0 77 S'pore Sec Fund 1 03 *1 09 S'pore Invest Fund 0 78 0 83 S'pore Equity Fund 0 74 0 78 Asia Unit
      259 words
    • 288 14 THE KUALA LUMPUR stock market was hit by a wave of profit-taking yesterday, causing share prices to finish broadly lower. However, selected counters still managed to post modest gains as buyers continued to concentrate on these stocks. The market opened firmer after the
      288 words
    • 3624 14 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. INDUSTRIALS A Choc (I 806 1 84S) (1) 2 00
      3,624 words
    • 585 15  -  By RAMESH CHANDIRAMANI AT A TIME when most companies are reporting poor interim results, Haw Par Brothers International Ltd has managed to buck the trend by turning in one of its best six-month figures. Consolidated pre-tax profits for the interim period to
      585 words
    • 39 15 MALAYSIAN RESOURCES CORP BHD said the Malaysian Foreign Investment Committee has approved its acquisition of Easy Win Sdn Bhd. Its merchant bank adviser will submit to the KLSE a draft of the circular to shareholders for approval.
      39 words
    • 770 15  -  Innovest taking a 57.3 pc stake By NAJEEB JARHOM MALAYSIAN-BASED Innovest Bhd is making a $46.8 million bid for popular local fast food operator, Kentucky Fried Chicken (S) Ltd. This will be its biggest acquisition since the company came under the control of a new group
      770 words
    • 277 15 HAVING GAINED an important foothold in Wormald International Ltd, one of Australia's largest light engineering concerns, Malaysian corporate raider Lee Ming Tee is busily arranging for the company to do business with China. A spokesman for Wormald yesterday disclosed that the company was conducting
      277 words
    • 305 15 MAGNUM CORP Bhd's UK subsidiary, Phicom PLC, has experienced a marked slowdown in profitability in the first half after having enjoyed a record year in 1984. For the six months to June, the applied technology group reported a sharp 68 per cent drop in
      305 words
    • 852 15 SHARE PRICES closed firm in moderate volume yesterday, showing little or no reaction to the upward revision in US second quarter GNP to 2 per cent from the "flash" estimate of 1.7 per cent. Government bonds, however, showed net losses of about '/> point after sterling weakened following
      852 words
  • Page 14 Advertisements
    • 504 14 /A Allied Irish Banks pic (Incorporated in the Republic of Ireland with Limited Liability) Consolidated Balance Sheet 31 st March, 1985 ASSETS Cash and Short Term Funds Investments Advances and Other Accounts, less Provisions Plant and Equipment Leased to Customers Fixed Assets Associated Companies and Non-Consolidated Subsidiary 1985 IR£OOO 1,862,547
      504 words
    • 785 14 A ANNOUNCEMENT INNOVEST BERHAD (Incorporated in Malaysia) HART HOLDINGS (PTE) LTD (Incorporated in Singapore) The Directors of Innovest Berfiad ('lnnovest" or 'Company") announce that Hart Holdings (Re) Ltd ("Hart Holdings'), a wholly-owned subsidiary of the Company, has on 20 August 1985 entered into a Sale and Purchase Agreement ('Agreement') with
      785 words

  • Page 15 Advertisements
    • 328 15 ALGEMENE BANK NEDERLAND N.V. (Incorporated in the Netherlands with limited liability) INTERIM DIVIDEND FOR THE YEAR 1985 The Managing Board is pleased to declare an interim dividend of Dfls 13.00 per ordinary share of Dfls 100 nominal value, payable wholly in cash, as from 30 August 1985. Shareholders will be
      328 words
    • 767 15 r MALAYA TIN PRINTING COMPANY LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT On 7 August 1985, Standard Chartered Merchant Bank Asia Limited issued an announcement ("Announcement"), for and on behalf of Malaya Tin Printing Company Limited ("MTP"), of MTPs intention to make an offer ("Offer") to acquire all the
      767 words

  • 595 16  -  By MONICA GWEE INCREASING REPORTS of bad debts and unprofessional practices are causing concern among the Association for Accredited Advertising Agents Singapore (4AS) and the Singapore Advertisers Association (SAA). Now members are suggesting that greater industry cooperation could help them ride out the recession.
    595 words
  • 349 16  -  By LIM SOON NEO A US$lOO-MILLION leasing deal to finance the delivery of a Boeing 747 Big Top to Singapore Airlines has been won by Irving Leasing Corporation, the leasing arm of Irving Trust Company of the US. The Stretched Upper Deck aircraft to
    349 words
  • 37 16 Tibetan demonstrators protested yestsrday outside the Chinese embassy in New Delhi, demanding freedom lor their country. They also condemned China's planned celebration on Sep 1 of the 20th anniversary off ita asaimilation of Tibet.
    37 words
  • 170 16 Reuter THE US gross national product, after removing the effect of inflation, increased a revised seasonally adjusted annual rate of 2 per cent in the second quarter of the year. The Commerce Department said the rise was stronger than the 1.7 per
    Reuter  -  170 words
  • 209 16 SINGAPORE has been cleared of being one of those non-aligned countries which have annoyed the US with their "name-call-ing" tendencies. US Permanent Representative to the United Nations, Mr Vernon Walters, said here yesterday that the Republic was not one of the countries which voted
    209 words
  • 33 16 Reuter THE US DOLLAR rose to a quoted 2.7800/50 marks from 2.7650/60 in an immediate reaction to news that second quarter US GNP grew an upward revised 2.0 per cent. Reuter
    Reuter  -  33 words
  • 372 16 THE DECISION TO RUN Singapore as a free and market-based economy meant the government was in no position to prevent the present property glut, said National Development Minister Teh Cheang Wan yesterday. In spite of this, steps had been taken in the early
    372 words
  • 125 16 COMEX GOLD FUTURES yesterday followed platinum's lead and declined 3.60 to US$4.BO in early dealings, pressured by a strong US dollar and stop-loss selling. Dealers said gold eased in sympathy with platinum, which led last week's rally but failed to find followthrough buying this week on
    125 words
  • 68 16 THE STOCK MARKET yesterday pushed higher in early trading, aiming for its first solid gain in more than a week. The Dow Jones Industrial Average was up five points to 1318. Advances led declines by a three-two margin on turnover of 12.45 million shares. IBM was up
    68 words
  • LATE FILE
    • 59 16 UPI AUSTRALIA'S Labour government has curbed public spending for the second year in a row but the 1965-86 budget proposed in Parliament by Federal Treasurer Paul Keating yesterday provides for a modest increase in funds for defence. Mr Keating announced a projected budget deficit of A
      UPI  -  59 words
    • 57 16 Reuter PENINSULAR MALAYSIA'S consumer price index rose 0.4 per cent in June after a 0.1 per cent increase in May to bring the year-on-year inflation rate to 0.6 per cent, Statistics Department figures show. The index, base 1980, rose to 125.6 in June from 125.1 in May
      Reuter  -  57 words
    • 46 16 Reuter PRIME MINISTER David Lange denied claims in the French Senate that New Zealand had supplied arms to Kanaks seeking the independence of New Caledonia. He said there was "absolutely no truth" to the accusation by Gaullist senate leader Charles Pasqua. Reuter
      Reuter  -  46 words
    • 46 16 Reuter INDONESIA'S population will grow from 168 million to 226 million by the year 2000 in spite of a vigorous family planning campaign. Population Minister Emil Salim said yesterday that Indonesia's population, the world's fifth largest, was rising by 2.3 per cent a year.
      Reuter  -  46 words
    • 56 16 AFP CAMBODIAN nationalist resistance leader Son Sann yesterday rejected an offer by Cambodian Prime Minister Hun Sen for face-to-face talks with him on the country's guerilla war. Mr Son Sann said he would talk to the Phnom Penh government only within the framework of "proximity talks"
      AFP  -  56 words
    • 52 16 Reuter A MASSIVE car bomb blast in Tripoli in Syrian-held Northern Lebanon killed 40 people and wounded 100. Security sources said the 200kg bomb exploded at midday amid crowds who had gathered after a man hurled a stick of dynamite from a car a few
      Reuter  -  52 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • 60 16 wmm Outlook for todoy: Cloudy with showers in several areas in the late morning and early afternoon. Report for 24 hours prior to 7 30pm on Aug 20 at the airport: Maximum temperature 31.0 Associated humidity 72 Minimum temperature 24.0 Associated humidity 97 Hours of sunshine 0.9 Roinfall in millimetres
      60 words

  • SHIPPING TIMES
    • 128 17 Reuter THE LEADER of Britain's seamen has called on unions around the world to help impose oil sanctions against South Africa. "It is now up to unions to take direct action against apartheid because many governments throughout the world have ignored the
      Reuter  -  128 words
    • 354 17  -  By JUNE LIM IN RESPONSE to the demands of shippers, Malaysia Shipping Corp (MSC) will soon introduce one container ship in the Malaysian coastal trade. The Malaysian company has acquired the 164-TEU Kota Machan, from Pacific International Lines (PIL), at an undisclosed price. The 1973-built fully-cellular
      354 words
    • 316 17 NYT, Reuter SIX SHIPS owned and operated by the Sanko Steamship Co, the ailing Japanese shipping concern, have been detained in American ports because of fears that the company will not pay its debts. Sanko, one of the worlds largest operators of oil
      NYT,; Reuter  -  316 words
    • 298 17 THE THAI Cabinet has agreed to sell 30 per cent of the share equity of the Thai Maritime Navigation Company to private investors. Deputy Communications Minister Dr Boonthiem Khemaphirat told the Bangkok Post the government can no longer provide financial support for the
      298 words
    • PORTSIDES
      • 74 17 Reuter MEMBER LINES of the Australian and New Zealand Eastern Shipping Conference said they will cut their bunker surcharge on shipments to West and North Australia to 20.6 per cent from 21.9 per cent starting Sept 1. The present 17.9 per cent bunker surcharge on shipments to East
        Reuter  -  74 words
    • 826 18 Fairplay. IN TODAY'S shipping industry, why has the marine user been able to move away from "conventional" hull coatings and start buying self-polishing co-polymer (SPC) "high technology" paints? Ask a paint manufacturer or distributor and he'll probably tell you that the new paints systems
      Fairplay.  -  826 words
    • 87 18 Reuter TACOMA Boatbuilding reported a loss of US$6.9 million for the second quarter compared with a year earlier profit of $326,000. Revenues declined to $30.6 million from $33.6 million in 1984's second quarter. Commenting on the results, the company said it experienced significantly lower
      Reuter  -  87 words
    • 426 18 Reuter A UNITED STATES navy bomb disposal team flew to a war-damaged tanker off the Gulf state of Qatar to deal with an unexploded missile on board. Iranian planes fired two missiles into the brand new 26,134-ton Bel-gian-registered Naess Leopard 45
      Reuter  -  426 words
    • 883 18 A Top Ent X 4 AB Shpg V 5 Accord Shpg X 2 Afea Line VI 3 Affinity Shpg IX 3 Ahrenkiel Liner X 1 AC Toepfer X 5 A PC Line V 4 APL HI 2/3 Antah Orient X 3 Arrow Lines X 5 Atlas Lines
      883 words
    • 1144 18 THERE was little movement in rates on Monday in a generally quite freight market. Grain business included Zennoh's payment of US$lO.5O (fio) to the Captain John for a 40,000-41,000 ton August-September shipment from the US Gulf to Japan and the Tradax payment of $8 (fio) to the Manitoba
      1,144 words
    • 237 18 S#pt 8-9 Port Day '85, 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: E A Sadler, Port of Halifax, Suite 900, Cogswell Tower,
      237 words
    • 202 19 A MONORAIL system that will marshal containers automatically has been developed by Translift, a West German engineering company specialising in suspension rail systems, and the Institute of Transport Technology at Karlsruhe University. According to Lloyd's Ports Bulletin International, the company has been holding talks
      202 words
    • 530 19 Lloyd s List OFFSHORE rigs continued to be the earning stronghold of Wilh Wilhelmsen Ltd A/S, the leading Norwegian shipping group, in the first half of the year. Wilhelmsen's profit before allocation and taxes rose 40 per cent to Kr7o million ($8.5 million) from Krso million
      Lloyd s List  -  530 words
    • 738 19 AFP A VERY low volume of fixings was made on major grain routes over the past week, but rates appeared better than in recent weeks and this was reflected in a rise in the Baltic International Freight Futures Exchange (Biffex) index. 1 However, due to high grain output
      AFP  -  738 words
    • 191 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits Japan and the member lines: ACE (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
      191 words
    • 102 19 WATERMAN Steamship is drawing up a disclosure statement which could bring the US company out of Chapter 11 bankruptcy protection before the end of the year. Once the biggest operator of LASH barges in the US, Waterman had hoped to move out of bankruptcy in May. It
      102 words
    • 3131 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      3,131 words
    • 616 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Family Ace 606 ***** 0100 Shofuku Fl 0900-1000/1200-1300 L8 1600-1700 CR Douala 9R 22.885 0700 Optorg F1 0900-1100/1400-1500 U4 2030-2200 Sea Hawk 8534 22.885 0700
      616 words
    • 1625 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises fit Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line Atricon Shpg Agencies (S) Ahrenkiel Liner Km Shpg (S) Alfred C Toepfer Oceonus ShtppmgAgencies (S) Multiport Sdn Bhd (PK) Americon
      1,625 words
    • 512 26 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure keppel wharves alongside 21 87*1100 Agio Sofia K9 A Grottger K17 alongside 21.8/1500 Bangmar Mito K36 alongside 21 8/0600 Pinya K10 alongside 21.8/1 100 Pyramids C13 alongside 218/0600 S'thern Glory K28 alongside 21 8/1830 Sun Lotus K27 alongside 21 8/1200
      512 words
  • Page 17 Advertisements
    • 720 17 In Scarcli of I' :.'v 'v r* This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense 7 iMES THE BOOKSHOP A MEMBER OF THE C.Y. TUNG GROUP O*fENTOVEISEAS CohlgmwA. LiNK S S IWM SHPfMG MENCB (Rog.
      720 words
    • 70 17 MOB IN TODAY'S shipping industry, why hos the marine user been oble to move away from "conventional" hull coatings and start buying self-polishing co-polymer paints? Page II OFFSHORE rigs continued to be the earning stronghold of Wilh Wilhelmsen Ltd A/S, the leading Norwegian shipping group. Page 111 Index to advertisers
      70 words
    • 386 17 £\J THEBOOKSHOf MAERSK LINE SINGAPORE/ANTWERP 17 DAYS Voy S pore EXPORT TO USA. EUROPE. MIDDLE EAST,.WEST AFRICA ASIA To California US Gulf US A'lantic East Canada LGB OAK 22 22/1 2373/1 2929/1 3030/1 vyi m/» i** i *****9 I*l4/9 1019/9 W7O/9 Im I SMfivort Qni( T«n CT 21/1 1500 MB
      386 words

  • Page 18 Advertisements
    • 471 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Mmac EMERALD NED VM MCX tohgo maru TO* MY Pacific South Wnt Fwdw at Tokyo IMn YSI LA/LB OAK r arrow 21/9 24/9 BESHU It 21/9 1/10 I. APOLLO 5/10 1/10 TMMSHM a 12/10 IVIO Pacific North Waat Faadar at Kotoo Mptfw VS. SAT VCR KM
      471 words
    • 150 18 Supercarrier Service NEXT ARRIVALS BARBER TOBA 10/8. ROCHESTER 0/9. BARKS TAMPA 6/9. N ROTTERDAM 26/9 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 21/9 4 10 5/10 7/10 11/10 22/* 24/11 26/10 21/10 Mm accept* cantn tar Houston (IU). Francace. Oakland Stockton and San D»p M I. Aapks. TO:
      150 words

  • Page 19 Advertisements
    • 709 19 The Straits Steamship Group irr, STRAITS SHIPPING Singapofe to Satoah, Sarawak, Brunei Ports and Bangkok DCL Overseas Containers Limited I CONT AINERSHIP SERVICE TO UK'CONTINENT OENAUX* cm or EDRMURGH FRANKFURT EXPRESS CARMAN BAT S'tat tTWi l(/9 U/9 23/9 25/9 2/11 4/10 7/10 9/11 15/10 17/11 23/10 25/10 02/11 04/11 07/11
      709 words
    • 652 19 Franco Belgian Services r»- isawgroEMOW STQK MOKUtkmrfei TOom Mm Www Art am com mo kM <m a#) »s# >• u*+ 14 15 omß aos ahi <21 a#) us* nh» us# ns# as# HOMGKONC COHIMO «S# (2 S#) 23 S# »S# »S# OKMTAL OCT US# »S#)34 S# lOd 3Od SOd COd
      652 words

  • Page 20 Advertisements
    • 584 20 Hapag-Lloyd TO CONTINENT UK 1/10 10/10 15/10 17/10 EXPORTS B'haeen Rdam le Antwerp Havie 19/9 20/9 22/» 27/S 21/9 30/9 5/10 4/10 1/10 12/10 13/10 15/10 19/10 20/10 22/10 27/10 21/10 30/10 6/11 7/11 9/11 U/U 12/11 14/11 On carriate to Scandinavia. Med, Carribean IS. America Inland haulage to inland
      584 words
    • 388 20 M S LINE FULLY CONTAINERISED SERVICE TO EUROPf VIA SUZ 1 Utmbn o» tt« Ace Consorts ?8 8 1/6 9) CHEYALEA ROrt 44* HONGKONG CONHUNER 46* OftCNIU CHEF 45* KOREAN IACEBN 30* 9 i 9i 119 (9 9) 18 9 (16 9) i FROM fUROPf VII SUI A Mempfr ot
      388 words
    • 581 20 Hai Sun Hup Co (Pte) Ltd A"*".' TEL ??***** (?0 I m<-s) TIX RS??061 R*****2 I L i-\M\:\i\ <\K I INI K. i ll) 1 Specialist in RO/RO Service Accepting heavy-ifts upto 80 K/Tons Sainfs from Japan Spo«» MHint Kucta* Uu»a OMNtt BKffTf *2 SHeO UM SjM SKI *ann »i?
      581 words
    • 545 20 o EVERGREEN full Container Service Round-The-World East Bound Service (FE/C ARIB/USEC/EURO/FE GUMS no gimus CIO 601 DIN no GOMG («a GATIO no on no GO«ON SCP NR( KSG US fUS OS TTO K9I CM NTC ML IK FU MM MM LNV MP 21/1 1/1 4/1 1/1 7/1 a/1 a/1 2/11
      545 words
    • 171 20 Y* a SI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE SUN CORN. 21/1 Lm, P. Mvaky. Hwva Kieta. IM S.C Mm MMjfci CV|MI tar HI (Swa/lJßtaka a* 1 MOFIC Paris) MS SUN UNION LINE PJELAK POMNG UMOFOI Kfcada Tkl TAIYO MARINE LINE f 1 i
      171 words

  • Page 21 Advertisements
    • 480 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 v\e EAST AFRICA/REDSEA SERVICES ■B M r; KOTA JAVA KOTA WMAWAN KOTA MEGAH KOTA MUTIARA KOTA SEJATI KOTA WANOSA KOTA AQUMG £22 KARACHI/M.E. GULF SERVICES IV.VIT-'II!!.!:VV."MI"V><J.!. H3SSB2ME 20-23/9 7-10/10 22-25/10 13-17/9 29-4/10 14-19/10 29-29/9 10-11/9 39-30/9 2-5/9
      480 words
    • 208 21 SLwood line SOUTH AFRICA SERVICE KX SMtt PIOUB REUNON DURBAN C7ONN ANANGEL PEACE SAS/85* SU hhrt l/> 3/9 11/9 10/9 WOOOSTAR SA- 6/85 12/9 l«/ 9 30/9 1/10 9/10 15/10 Nl SA- 7/85 2/10 «/10 20/10 21/10 29/10 5/11 Accepfag Generate/containers *Alm L UM. WOOD LINE DOES IT BETTER Gawd
      208 words
    • 654 21 BENLINE CONTAINERS .ir. fi-:' :n; JTTI EXPRESS COWTMO SERVICE FROM UK/CONTMNT HUM 0 HAVEN RDAM HAVRE STOH Mr O< SjMSJM SjM SJM SJM Frjrtfwt Eiprtu SjM SjM SjM SjM SjM Cjrtf|w Bjy SjM SjM SjM SjM SM Rjnakwa Mm SjM SjM SjM 22/1 24/0 Bremen (iprrtt 25/1 27/1 2t/l JO/»
      654 words
    • 601 21 DJAKARTA LLOYD INDONESIAN NATIONAL LIN! iMtrwv.-. BUSAN YOKOHAMA KOBE RAOHSUNG W MAiAPAM! *23 W K/l 17/1 72/1 74/1 I 71/1 GOUA *23/19 74/1 77/1 29/9 7/1 4/41 9/9 MtMPtMT 73 I coda *73 m WEST BOUND STM I BUM HOD) ADMI/ I WWB 7V77/I U/J 22/9 75/1 19/9 7»/1 OCEAN
      601 words
    • 543 21 BOUSTEAD SHIPPING AGENCIES M BURMA FIVE STAR fßk mm cmpmitiow (Burmese National Line) Loatlnc for Rangoon Sport Ploto* Ptayo VtOW GdR KlO bftrt/21 At* Phadnrctyawywa ¥257* 22/23 ta| Huitmpiwywi V257W 21/31 tat BANK LINE SPORE I R'DAM HULL HMBG IVYBANK 3 Sep 28 Sep 6 Oct 2 Oct CLYDEBANK 23
      543 words

  • Page 22 Advertisements
    • 1087 22 I LINE USA CANADA PACIFIC COAST <!■«—i ma/ ASM STAR V 39 KAWASAKI KISEN KAISHA, LTD. DESTINATIONS INLAND vU IPI/MICROBRIDGE MINILAND BRIDGE) UPTIME CRYSTAL V3of CHOW BMDGE *47 AtSO ACCEPTWG MONTREAL. TORONTO AND OTHER US PACIFIC. GULF, ATLANTIC PORTS N INLANO PORTS *TL«HTIC COAST FCEDCR/ MOTTO ItSSEL ISM STAR V»
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    • 535 22 7^ CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Loadm| lor lOS ANGIIES SMI FRMCSCO SEATTIE TACOMA VANCOUVER BC AcceptM| FCI/FCI Containers AUSTRALIA EXPRESS CONTAINER SERVICE Accoptmt FCI/FCI Cortaaors MMOAS V 24 1/7 S«* 3/4 S**4 RAVBAS ¥.28 13/14 So* IS/14 So* RAMDAS Vl9 2/3 Oct 4/S Oct CHMOOAS Vl® 11/12
      535 words
    • 496 22 SANKD ASIA FROM JAtoAM€S€ ROUTS AND HONOKOMC Kftni S«(apart Ci Shap Ca Pta 114 Tat 22(1422 Pari Hiijnf IMMS 9»f S* M M 34(104 3U349 Nna( IMMS Surf M.M.M 3(7ff5/K7949 GOBIM SAtWT HI: (0 iu>» mi ■At on 22x« (I) KKOI Mi t€LD OR Nlfi (I) SUM ions Mi K
      496 words
    • 472 22 INTRASEA 'PTE) LTD 10 An«»on Road »27 16 ntef nat»o n 0207 Tel 246 S1 1 i 1 O L «ne BREAKBUIK SERVICE TO EUROPE/UK Sprt P. tarMIMKOS BBSS9IO SJM 27/1 WT/Mf/Vl. (AVON) FORT VICTORIA BBBS9II 2t/t ROTT/AWT/ILA. (MM) EVBERU *****12 31/1 3/9 K)TT/Ain/UI (MM) AND R.M.Z.V^, S pore P
      472 words

  • Page 23 Advertisements
    • 741 23 NOL NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandmavta C ROZE S pore Closing Times: FCL Cargo LCI Cargo 0400 28/8 1200 27/8 Where PK dates indtcated in brackets, cargo to/from PK transhipped via TO AND FROM AUSTRALIA: SURABAYA... JAKARTA ADBJUK. 22/9 5/10 10/10 22/10 FKMMfIL 27/9 10/10 15/10
      741 words
    • 665 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON ttaul Sf«( P* KM MCHON BUSAN No i Dmm/SOM 29/0 11/ I 71-30/1 11/1 Hi 1 DMM/Mffl 4/9 7/9 19/9 Hi S taiaavSOM li/9 19/9 1/10 No I Dawn SO 7* ?3/» 77/9 9/It to Dmm/iOm
      665 words
    • 788 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Smfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Tdei Numbers RS ***** RS ***** RS 2510S P KELAM6 PEMMG M/S SHAMMT NAM SOON SON. BM>. IST ANO 2ND FLOOR. ICSKS Ml THONG SHHVMG 23 Weill
      788 words
    • 40 23 SIM SWEE JOO SHIPPING SDN. BHD. EXPRESS TO BINTULU SNEE LONG SATU SO In Nrt CONTAINERISED SERVICE MBUAM MY* *1 54 27/1 «**s. K* Agents: JAMBATAN MERAH SDN. BHD. P. Krtang: *****6 7 K.L. *****7 *****1 —i 1 mm Jdß
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  • Page 24 Advertisements
    • 799 24 Kcjilmml Container Lines fgmSSSSH 4 Sailings weekly pi Fast Reliable Regular 1 1 Punctual Berthing P.S.A. Mon, Tue. Thur. Sat HINODE KISEN CO. LTD MIDDLE LAST REGULAR LINER SPECIALISED HEAVY lIF lIRS AVAIL ABU AGIA SOFIA sum SPRIT S'pore In Port 10/12 Sept Loadnf fur: Salalih, Aqaba Saiatah, Gizan Aqaba.
      799 words
  • Page 24 Miscellaneous
    • 180 24 Regional Weather I 3 ft m, t fc ''«V ss VJk V m a W* 2 9B Wa Wa m A < -> S3 s s i) "V rv SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c A Wim Wind direction with speed in knots LEGEND: R
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  • Page 25 Advertisements
    • 173 25 n EAST ASIA LINE (Malaysian Flag) legator Umr B»rvic— Bilwun RTBIA/B'PORE/INOIA P. Kelong Pmong S'pore Ldg for AMAH 25/8 21/1 BMay NOA PEXTAMA 30/1 3/9 Bmbay REGULAR JAPAN/STRAITS/ MP AN SERVICES LAMBOR 30/1 Nat/Kobe/ IMmh EAST ASM SMPPM6 SON. BMP. PI. Til: *****2/36 MFBC Kl. T* *****8/*****0 i CONFER SHTPMG,
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    • 159 25 BAPID SHIPPING PTE LTD L STORE TEL: *****44 TLX: ***** K.L. TEL: *****5 A *****0 FCL LCI LOADMG FOR ETA SM FAR EAST Hk|, China, Bus, Cmb, BXK 23/8 31/8 MAURITIUS Port Lous 31/8 29/9 UK/EUROPE Ldn, Rdam, Awtfp, Hbur| 26/8 4/9 AUSTRALIA Syd. IM, Bri, Adt. Fre 25/8 12/9
      159 words
    • 480 25 CN C LINES V WEEKLY FCL it LCL CONTAINER SERVICE STOREIBKK hkg KAO kee kob moj bus CHUNG UE V.SI 2 31/« 3/f 9/9 11/9 13/9 11/9 19/9 20/9 KUO HSIMG V 501 9/9 12/9 lt/9 20/9 21/9 25/9 26/9 27/9 WAN UE V.512 18/9 19/9 25/9 27/9 2#/9 2/10
      480 words
    • 82 25 litwlrM M, t'por* 0314 TLX: M 2M41 FUNEft TEL: PIMnH/B ACCEPTING BOTH FCL AND LCL fkm ir>-. rr LIN LIN SHIPPING PTE. LTD. 1. Magazine Road. aOS-M. Canto* Buttdktg. Singapore 0105 Ta4 533M14 ft *****22 WEEKLY SERVICE SINGAPORE TO KUCHING SIBU DESTINATION KUCHING KUCHING SIBU SIBU ETD ***** 31.885 27
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    • 57 25 LIZENA PTE LTD Tat: ******7, 733 MM T«tex: R82(141 MEKONG VENTURE TBN RAYA JAY* ETA ETD 27/» 4/9 24/« 29/1 23/1 29/1 Loadnf for Phn Pwh 111 L !■!■<! Oty Oimi/ftfcw Bam n« stow MDMN. IBM. LOB.. fOWTBO*. NATtt. COMttY LQML COTOROU. LAGOS. MATMH. MOMMA. MM M MM CAKE* n
      57 words

  • Page 26 Advertisements
    • 489 26 STONEAGE FCL& LCL TO ETASWGAPORE LOADW9 FOB AUSTRALIA 25/1, 2/9, 12/9. 15/9 Sr*wy. MHboume, Brisbane Adelaide I FremanMe NEW ZEALAM) 25/1, 10/1 19/9, 24/9 Auckland, Wetofton. Ljfttleton. Napier ft New Plymouth U.S.A. 2/9. 9/9, 18/9 East/West Coast ft GuW ports HONG KONG/CNNA 23/1, 31/1, 7/9. 14/9 He* Kane ft majer
      489 words
    • 413 26 EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/COffTMENT 0. EUROPE It NAN STOK P.KEIMIC PENANC 5/7 Sep l/i S«p 10/11 Sep 12/UW Bltn MbO RmXr EUROPE: PCMNG t KELANG STOK BKK fW* 23/24 Aug 21/22 A* 25/27 29/2 S* raus AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE *****22 FARYS MARITIME SERVICES SDN
      413 words
    • 516 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD fu.lt comimoused service io tutors ivw sutzi CHMA CONTA66R 31* cicvaier ma mm HONGKONG CONTMNER 44N OMNTU CHKF «*>* FULLY CONTAMERISED SERVICE FROM EUROPE (VIA SUEZ) AGENTS STRAITS COMTAINIR AGENCIES PIF LTD lb HOI CHIANG ROAD SANfORD
      516 words
    • 814 26 Everett Lines/ 1 COMPAMA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading loi Cjtio NUtiim lk> jrxl othw Per»»un ports with Irtngupmmt it ftobt On CPV Ihtoujti MK ot l«kng lo tmjl destination Penjnt* P. KeUnf S«(aparc HUGHE VERfTT 2/4 Sep 5/« Sep MANOEOEVERETT 5/7 Sep JOWOERETT 15/11 Sep 15/21
      814 words
    • 388 26 ■■■w -r i {1 m ZIM NON-CONFERENCE MEPENOENT FULL CONTAMR SERVICE carton t« USA E*st I West Coast. Carrfcfceanlast Cauda FEEDER m m A VESSEL 31 I IS I VESSEL 7.5J5 |2N NEW TOR* I VESSEL 14.5J5 I2M GENOA VESSEL 23 5J5 IW GENM ZIM EILAT CONTAINER LME Sp*rt Elat
      388 words