The Business Times, 30 August 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 FRIDAY, AUGUST 31, 1185 60 CENTS
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  • 499 1  -  By MONICA GWEE ADVERTISERS who were preparing to cut costs by slashing their budgets were yesterday warned to think again. "If you must, pare down with a scalpel and not axe with a hatchet," said Mr Albert Chan, the general manager of CAM Associates
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  • 615 1  -  Estimated values of two assets fell 43 and 67pc in less than four years By CHAN OI CHEE ALMOST $240 million has been wiped off the estimated market value of Malayan Credit Ltd's two prime properties Ardmore Park and Marina House in less than four
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  • 236 1 ARGUMENTS that cuts in the rate of Central Provident Fund contributions would help the economy were said to miss the point in the People's Action Party's official publication, Petir, published yesterday. CPF payments formed part of the workers' wages and any reduction was
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  • Article, Illustration
    73 1 TRADING on the Singapore stock market yesterday fallewed a mw familiar patten, with the main Interest rotating among certain non-index, Malaysian counters. Yesterday, Raleigh and TDM stole the show with double-digit gains in heavy volume. Bnt late afternoon speculation about possible relief for ty eempssles helped the ■eeter
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  • 328 1 Bernama FINANCIAL INSTITUTIONS in Malaysia have unanimously agreed to implement the guidelines on the suspension of interest on non-performing loans with effect from Jan 1 next year. In a statement yesterday, Bank Negara said the guidelines would be applied starting with their financial statements
    Bernama  -  328 words
  • 121 1 Reuter SWISS BANKERS said South Africa may work out a deal to swap some of its gold for cash from commercial banks to help overcome its liquidity crisis. The bankers, who traditionally do not confirm involvement in "gold swaps", declined comment on a
    Reuter  -  121 words
  • Page 1 Advertisements
    • 171 1 Money at the speed of light 186,000per sec CITIBAhKO Electronic Banking Reply from the Construction Industry Development Board SOME COMPLAINTS voiced by local contractors against the way the Construction Industry Development Board (CIDB) monitors their building progress are valid, admits CIDB deputy general manager Chow Kok Fong. But some ore
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    • 251 1 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO DOONESBURY OUR VIEW PURCHASING offices being set up in Singapore suggest that local manufacturers have good products to offer. Their presence, however, does not reduce an urgent need to sharpen marketing skills which seem to be badly lacking. These
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    • 4 1 Liquidity crisis, Page 4
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    • 64 1 m n& MINOLTA EP3SOZ Shoes and Accessories by BALLY of Switzerland The Best of BALLY is to be found at the following authorised Y dealers. Bally Boutique. Holiday Inn. Scotts Rd/Pavillion Inter Continental. Cuscaden Rd Meridien Hotel Isetan Orchard. Liat Tower. Orchard Isetan Havelock. HavelockOutram Rd Isetan Parkway. Marine Parade
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  • BANKING AND FINANCE
    • 436 2 AP OFFICIALS of Hongkong banks named by US authorities as the main suppliers of cash to Crocker National Bank have said it is usual practice for them to ship large sums of US currency to banks on the west coast. The officials said
      AP  -  436 words
    • 173 2 Reuter JAPAN'S Finance Ministry plans to raise the limit of bank issues of yen certificates of deposit to 150 per cent of each bank's shareholder equity capital plus reserves from 100 per cent, possibly from Oct 1 this year, ministry officials said.
      Reuter  -  173 words
    • 69 2 Reuter NEW ZEALAND police yesterday said that they were investigating possible irregularities in foreign exchange trading involving Merchant Bank Broadbank Corporation, an offshoot of the country's biggest company, Fletcher Challenge. Broadbank said that it had lost nearly NZ$B million in foreign exchange dealings. A statement
      Reuter  -  69 words
    • 277 2 UPI BRAZIL'S new economic team has informed the chairman of the bank committee negotiating its US$lOO billion debt that the country intends to continue negotiations with the International Monetary Fund and to honour agreements already reached with the banks. "In light of
      UPI  -  277 words
    • 194 2 Reuter BANKS in West Germany are planning to issue 14 mark Eurobonds in September for a total volume of 2.8 billion marks, a Bundesbank spokesman said in response to enquiries. The entire calendar is composed of straight issues. No floating rate notes, zero coupon or dual
      Reuter  -  194 words
    • 940 2 SINGAPORE The US dollar closed mixed against most major currencies yesterday after moving within a very narrow range in quiet and featureless trading. The dollar closed slightly lower at 2.7690/7700 marks compared with New York's 2.7710/25 close but a shade firmer at 2.2715/25 Swiss francs against 2.2690/2710. It
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    • 349 2 BA Futures EURODOLLAR futures opened firmer yesterday due to better-than-expected US five-year Treasury notes auction result and the Federal Reserve's injection of permanent reserves. December Eurodollar opened at 91.68 but ran into resistance at 91.70. The market continued to be thinly traded as traders awaited release of American money
      BA Futures  -  349 words
    • Article, Illustration
      296 2 Asian market SHORT-DATED Asian dollar deposit rates closed easier yesterday while periods held steady compared with opening levels, in quiet afternoon trading. Short-dates weakened between 1/16 and Vt point at the outset reflecting a softer US federal funds rate in late New York trading. Thereafter, overnight fell 3/16 on lending
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    • 234 2 Interbank rotes at 3pm yesterday: rmiMflM nominal rata* lmtth*ontn Local dollars to Nd Offer c« parity CM".. one unit of fore«gn currency; US dollar ***** 2 2535 2.8196 -20 11 Sterling pound 3 1625 3.1661 ***** -56 95 Australian dollar 1 5835 1 5864 ***** -53.81 NZ dollar
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    • 257 2 HONGKONG: The metal closed lower yesterday because of technical adjustments against a higher New York closing, while trading was fairly quiet throughout. Dealers noted some concern over South African gold miners' strike plans, and local traders were reluctant to take new positions and trading was dominated by overseas interests.
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    • 118 2 THE OVERNIGHT rate on the Singapore interbank money market fell by Vi point from Wednesday to finish at 3% per cent yesterday. The one, two and threemonth term rates remained unchanged across the board. S$ Interbank rates at 3pm yesterday: Off* fcd Over ntght 3 7/8 3 3/4
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  • Page 2 Advertisements
    • 185 2 Info Singapore Computa'Bs 3-6 September World Trade Centre, Hal 13. Positively the last word on computers and information management in Singapore, this year! Info Computa '85 will provide the latest and the greatest opportunity for you to see into the future of computers and office automation. To keep abreast of
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    • 50 2 In Singapore our faultless service is only matched by our spectacular architecture. THE PAVILION INTER- CONTINENTAL SINGAPORE I\V V\* THE ADVANTAGE IS INTER CONTINENTAL 0 INTER- CONTINENTAL HOTELS Ont- C u-i.idt n R.uJ. Sm>;.ipi<ro 1024 Phone 73JNW Telex RS 3724J* SINIHC For reservations call your favourite airline or travel agent
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  • HOME NEWS
    • 411 3  -  By JEFFREY TSANG ORCHARD POINT is to be made a centre for fine arts and craft. In a move to make its shopping centres more attractive, the Urban Redevelopment Authority has identified certain trades that each of its centres will specialise in. Attracting
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    • 251 3 AN (?FFER OF FOUR rent-free months is being made for shops which are taken up before Nov 1 in South Bridge Centre, which is still virtually empty although it was completed in June. The building, a project by the Urban Redevelopment Authority, was to open
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    • 140 3 Starting with a display of Chinese works TO KICK OFF the Urban Redevelopment Authority's strategy to make Orchard Point a centre for arts and craft, it is holding an exhibition on Chinese works at the centre from Sep 12 to 22. Jointly organised by the authority and Lianhe Bao newspaper,
      140 words
    • 146 3  -  By LUCY NG ONLY 5 per cent of all labour disputes lodged with the Ministry of Labour for conciliation in the past five years ended up at the Industrial Arbitration Court (lAC). This showed that the Ministry had an effective conciliation service, said Mr
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    • 213 3 THE PRESIDENT of the Industrial Arbitration Court yesterday said the peaceful industrial relations climate in Singapore would not be disrupted if the National Wages Council (NWC) were disbanded. Mr Tan Boon Chiang said that before the NWC was set up, the industrial relations machinery
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    • 109 3 ARCHITECTS and engineers involved in the Marina City project were reminded of the importance of acoustics. "If we want a convention centre of international standing, the acoustics experts must be brought in at the very start," said Dr Ahmad Mattar, the Minister for Environment. Architects would have
      109 words
    • 95 3 MORE THAN 250 companies in the wood industry all over the world will participate in Wood Mac Asia'Bs next month at the World Trade Centre. The number of participants at the five-day exhibition will be 35 per cent higher than that at the previous show
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    • 370 3  -  Notice at empty shop invites offers to take up premises By CHUANG PECK MING BRONCO RESTAURANTS has closed its only fast food outlet, just eight months after it was opened. The 67-sq-metre outlet at Orchard C and E Shopping Centre in Orchard Road is now
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    • 383 3  -  By SHAHRIR ARIFF YAKULT CULTURED MILK is popular with children but Yakult Singapore wants to change all that. It will spend $3 million to promote the cultured milk as a health drink for all. Mr Don Tierney, the managing director of Yakult Singapore
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    • 125 3 NEW TECHNOLOGY trends, management approaches, new initiatives and directions for the computerisation programme in the civil service will be discussed at a seminar today. It will also review the progress made in the implementation of the Civil Service Computerisation Program (CSCP). It will look at
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  • Page 3 Advertisements
    • 99 3 Ir /j/ I Talk to our man about money and you'll be amazed by his know-how of your business 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 flexible packages
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    • 115 3 I 1 A The nadio Paging by J Telecoms has been doaignctfrokeep in touch with the people who need to reach them, anywhere in Singapore, §ny time, ctey or night There is no simpler dr easier way than tn§ famto "beepin*^^ Now the Radio Paging Service has taken another important
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  • OVERSEAS
    • 392 4 Further protection from imports denied UPI AMERICAN shoe manufacturers and union leaders have reacted with anger tinged with fear at President Reagan's decision to deny them more protection from imports. "We are very shocked and not a little outraged," said Don Munro, the chairman of
      UPI  -  392 words
    • 151 4 AFP NEWS THAT EGYPT, a traditional EEC customer, could buy 900,000 tonnes of subsidised US wheat has rekindled the "grain war" between the United States and the European Economic Community. If the deal goes through, it will be the first under the American
      AFP  -  151 words
    • 163 4 AP THE US Federal Aviation Administration has ordered inspections of Pratt and Whitney engines on hundreds of US jetliners, following British Airways's grounding of four of its Boeing 737s after cracks were found in their engine combustion chambers. Britain's state carrier grounded the
      AP  -  163 words
    • 119 4 AP A MAJORITY of Filipinos surveyed said many people in their areas would vote for President Ferdinand Marcos if he sought re-elec-tion. A majority of those polled also indicated they trusted US intentions towards the Philippines, according to the poll of 2,000 voters by a group
      AP  -  119 words
    • 338 4 Reuter SOUTH AFRICA could face a crippling liquidity crisis if the curtailment of lines of credit from international banks gains momentum due to deteriorating economic and political conditions, US bankers said. The bankers, and monetary officials in Washington, estimate that South Africa's short-term debt, due
      Reuter  -  338 words
    • 154 4 AFP ft 9 CHINA has turned down an application by Hongkong's Cathay Pacific Airways to Increase charter runs to Beijing, in what aviation analysts in Hongkong said was a tit-for-tat move. The Hongkong Civil Aviation Department on Aug 17 had rejected similar applications by a
      AFP  -  154 words
    • 195 4 Reuter JAPAN AIR LINES president Yasumbto Takagi bowed deeply and apologised in Parliament on Wednesday for the Boeing 747 crash that killed 520 people. "I feel sorry that the crash has caused a big tragedy in which quite a large number of people lost their
      Reuter  -  195 words
    • 321 4 AP TICKETS FOR A LIVE, 12-hour concert to help struggling US farmers went on sale on Wednesday as rock, country and blues music fans jammed telephone lines and camped overnight to get the best seats. The Sep 22
      AP  -  321 words
    • 118 4 NYT JOGGING meets many deep-seated psychological needs that most runners are not conscious of until they are prevented from running, according to a new study described in Los Angeles at the annual convention of the American Psychological Association. Many people begin running simply to get
      NYT  -  118 words
    • 141 4 FT THE WEST GERMAN government is coming under growing pressure from the banks to help stimulate economic recovery by bringing forward by one year about nine billion deutschemarks worth of tax cuts planned for 1988. The Federal Association of German banks said on
      FT  -  141 words
    • 97 4 UPI PERUVIAN President Alan Garcia has revoked contracts with American oil companies whom he said were making off with the nation's riches. Mr Garcia, in a speech on Wednesday, also authorised the Energy and Mines Ministry to negotiate within 90 days new contracts
      UPI  -  97 words
    • 930 4 ARRIVALS Operator Sorrico number Local tim* From PAA PA21 0020 LAX/TYO/ HKG KAL KE697 0040 SEL SIA SQ4I 0605 MAA SA SQ43 0750 DHA CAL ◦010 0750 JED/DHA MAS MH681 0820 KUL MAS MH603 0905 KUL SWR SRI 76 0935 GVA/ZRH/ BKK MAS MH81I 0940 PEN sv
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    • 169 4 AFP HONGKONG'S domestic export trade persisted in its declining trend last month when a steep drop of 12 per cent was recorded, government statistics showed. Domestic exports for July were valued at some HK511.57 billion (US$l.4B billion), 12 per cent down from
      AFP  -  169 words
  • Page 4 Advertisements
    • 116 4 jtj\ iITL L i *V»"* •h Hi Piping hot and fresh Sichuan dian xin Golden Phoenix now offers a delicious assortment of Sichuan dian xin. piping hot and freshly prepared by renowned Taiwanese dian xin chefs. Available for lunch on Saturdays and Sundays. SSJSn (iohhl I'IHHMIi.Y Sichuan K<**Juiirttiif Hotel Equatorial.
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    • 11 4 Ran Am Clipper Class. Few The Price Of An Economy Ticket.
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  • Page 4 Miscellaneous
    • 32 4 OHTheOfeHANP.IGOULP STAY PUT, PRSSCMMS MY RE&ONAI flUTHßtfnan.. 33 Doonesbury 1 7. m 3 W BY GARRY TRUDEAU CN-ne one*.hanp.i coxp sweae m ve soHomsrtAte, axiwm A 6UTZY6ALI£Xt*&>, AMPSeU.MYfMm6Z RXHa,oooAPor. V m m
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  • Page 5 Advertisements
    • 71 5 V >v< I -i 9 c i 11 if r >w»» v* >r M V 1 >v. v j i i i Eg 1 r it 4 <«» «f <;*SsBSPSBBm r= f ».:&->•■•>• if IT- HaV•■ JUMP* £%g?V.V" w \V V.V \-v I TERIAL FOR A PRIVILEGED FEW eading. Subscription
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  • Page 6 Advertisements
    • 228 6 u SIGNS OF CONFIDENCE Ynolmii SCL Leaders in their fields Partners in Progress Tomorrow, Singapore's leading department store cum supermarket chain, Yaohan, will sign a contract FT V \l>V for the installation of an ICL mainframe computer, during a press conference at the Hyatt Regency \&%Es Hotel to outline the
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  • AIR CARGO
    • 282 7 THREE COMPANIES KC Dat, R E Rogers and Trans-Link Express are expected to share the 150-tonne airfreight business for the Asian Aerospace *86 exhibition. The bulk, however, is expected to be handled by official forwarder K C Dat, which has already been booked by more than half
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    • 255 7 ARRIVALS Operator Flight number Loco! tint* From FRIDAY KAL KE697 0040 SEL TMA TL351 1130 BEY/SHJ KUL FT FT71 FT FT5159 2355 0400 BOS/JFK ANC/NRT TPE AKL/SYD MEL SATURDAY CAL CJ333 0130 TPE CV CV796 0815 LUX/DXB KAL KE685 1910 SEL SUNDAY TMA TL355 FT FT73 0830 2355
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    • 197 7 JAPAN Air Lines (JAL) plans to increase cargo flights between Japan and both Europe and Australia. It will add one weekly flight between Tokyo and London in April next year and will later inaugurate a cargo service between Tokyo and Paris in September.
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    • 74 7 Reuter TIGER INTERNATIONAL Inc said its Flying Tigers air cargo unit will begin a fourth weekly scheduled jet freighter flight between the US and Latin America on Sep 3. The new flight will depart from New York's John F Kennedy International Airport on
      Reuter  -  74 words
    • 495 7  -  By LIM SOON NEO THE MARKET RATES for the airfreight of clothing out of Singapore to the US have become very competitive, enabling Singapore to capture a significant amount of transhipment cargo this year. Industry sources say that it is now possible to get 40
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    • 134 7 THE BRITISH Airports Authority will be spending £68 million on Heathrow's Terminal 3 in the biggest building improvement project ever undertaken by the authority. The redevelopment programme, which will start early next year, will see both departure and arrival buildings enlarged and renovated over a three-year
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  • Page 7 Advertisements
    • 78 7 17TH FESTIVAL OF BOOKS BOOK FAIR '85 31 AUGUST-8 SEPTEMBER 1985 WORLD TRADE CENTRE HALL 4 11 A.M. TO 9 P.M. DAILY The biggest ever book exhibition where over 150,000 titles by 1,800 publishers in English, Chinese, Malay, Tamil and other languages are featured. Special discounts and gifts will be
      78 words
    • 238 7 We're Giving The World Of Insurance A New Look y; ;V>?f ManuLife is a name synonymous with professionalism in life insurance. For almost 100 years our underwriters have been bringing financial security and sound planning to our policy-holders. In 1984 our policy-holders had insurance protection with us worldwide of over
      238 words

  • FEATURES
    • 509 8 THE SALESMAN'S dream is to have customers always knocking at his door. No need to travel. No doors slammed in the face. The salesman just sits back, takes orders and watches the money pour in. He has time to dream about how he would like to
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    • 1523 8  -  CIDB's role in developing construction industry Some of the contractors' complaints about the way the Construction Industry Development Board monitors their building progress are valid while others are not, says its deputy general manager, Mr Chow Kok Fong. He discusses the issue with Economics Correspondent ZHOU MEI.
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    • 573 8  -  By YUKO NAKAMIKADO Reuter JAPAN'S state railway network, so heavily in the red that its debts are approaching the government's entire tax revenue for one year, could soon be turned over to private enterprise to make it profitable. Prime Minister Yasuhiro Nakasone has pledged to
      Reuter  -  573 words
    • 203 8 Letters to the Editor Dear Sir, I refer to Viewpoint entitled "Service is not Servitude" by Margaret Thomas in BT Aug 27. I would like to recall two in- cidences which would support her call for the need for training in the service industry. One
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    • 112 8  - F N needs to diversify Larry Koh Dear Sir, Please refer to Fraser 6 Neave's $40 million plan (BT Aug 15) to build a new factory on a JTC industrial land in Tuas. The soft drinks industry will reach saturation point, and recent surveys show there has been a shift
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  • Page 8 Advertisements
    • 198 8 The Business Times rrpr —iri Special L l=7i J 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 key concepts and latest developments in the planned office,
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  • Page 8 Miscellaneous
    • 742 8 ■svaciHKHDcaa ®i#D@SK2i(Diiiii> CRYPTIC PUZZLE ACROSS 4 I'm one of these (you sound like another) (6) 7 Tubes of paste (8) 8 One way to get mixed seed for vegetables (6) 10 Work hard with the bond, perhaps (5) 13 Something painful afoot (4) 14 The way a pupil w* cry
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  • SPORTS
    • 653 9  -  By ANNA TEO an AT GROUND guidance counsellor going beyond the arena of track and field that's how John Whitson, Singapore's new athletics coach, sees the role of the man-behind-the-champ. "The role of a coach is helping the athlete organise his
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    • 205 9 Reuter JOAQUIM CRUZ of Brazil set a year's best time for the 800 m on Wednesday but failed in his attempt to beat the world record. Cruz's time of one minute 42.49 seconds at the Koblenz international athletics meeting was 0.06 of a
      Reuter  -  205 words
    • 408 9 US Open Tennis Championships AP SHLOMO GLICKSTEIN has won only seven of his 20 tennis matches this year. He came close to winning an eighth. It would have been his biggest victory ever and he says he should have won it. Glickstein, Israel's
      AP  -  408 words
    • 443 9 Reuter WIMBLEDON runner-up Kevin Curren of the US and Henrik Sundstrom of Sweden on Wednesday became the first seeds to be eliminated in the US Open championships. The fifth-seeded Curren was ousted by 20-year-old Guy Forget of France 7-6, 7-4, 6-1, 6-2, while Sundstrom fell
      Reuter  -  443 words
    • 89 9 SPORTSMEN ere known to go through groat lengths to roach peak form, and 18-year-old Valerie Andre (top left) ia no exception. The Belgian girl la aeon riding a PdW roadrower a bicycle-like contraption designed for rowers to train on land. Keeping a watchful eye on
      Reuter photo  -  89 words
    • 463 9 UPI LESLIE AND BROWNELL Combs announced on Wednesday that they have signed a letter of intent to accept a US$57 million offer to purchase their controlling interest in Spendthrift Farm Inc. Real estate developer Manuel Mayerson made the offer for their 67 per cent
      UPI  -  463 words
  • Page 9 Advertisements
    • 130 9 For horse racing fans... BT provides the winners W&x too M 4', TO 1 g 4 Business Times, Singapore's largest business daily, has a reputation for in-depth coverage of business and financial news. Easily the most trusted paper among Singapore's key decision makers, BT keeps them ahead in the economic
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  • Page 9 Miscellaneous
    • 1096 9 iTiVIAWDIRWrO f A Cousteau crewmember hugging a pink dolphin one of the animals featured in this episode. COUSTEAU AMAZON 8.03 pm, Channel 12 The Cousteau Society sent three e xP ed| t |on to study Mfe along the Amazon River. They looked at the rain forest and modern attempts to
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  • INTERNATIONAL STOCKS
    • 395 10 Reuter UNION CARBIDE Corp's multi-faceted restructuring plan, which will result in a US$99O million pre-tax charge this year, is viewed by analysts as a long overdue action spurred by GAF Corp's purchase of a 7 per cent stake in the company. Some analysts
      Reuter  -  395 words
    • 112 10 NYT CBS INC is trying to sell off three of its publishing units Holt, Rinehart A Winston's General Books, Praeger and Winston-Seaberry. A company spokesman said on Wednesday that formal invitations to buy these publishing companies were sent out by CBS this month to several
      NYT  -  112 words
    • 338 10 Reuter SHARE PRICES rose strongly on Wall Street on Wednesday as investors responded positively to reorganisation plans made public by two big companies. Westinghouse and Union Carbide, each of which is used in calculating daily index statistics, said they were buying back some
      Reuter  -  338 words
    • 187 10 Reuter A RIVAL BID for Fleet Holdings PLC appears unlikely in view of the lengthy period in which the market has known that United Newspapers PLC was planning an offer, United chairman David Stevens said at a press conference in London. He noted on
      Reuter  -  187 words
    • 114 10 AUG 28 AbMb* c$ 20* bnp Oi 53 19 Alcon 37* 41* unch 21 kit Uh 22* Karr Add 15* 30* 21* Bank Nova Scotia M Canodo BP Can Ltd 13* 42* 32* Mowy F«rg Mc BkxM 3* 20* 17* inch 32* 1* 25 38* IS* Norondo Mi 17*
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    • 648 10 AUG 28 US* AJcon AJurrwi 27* undt Alcoa 35* Lud 21* ABad Owm Cp 41* AJtad Storat 96* Afe-Otabnan 4* Am Brandt he 60 Am Broodcatt 115* unch Am Can Co 57* Am Cyananad 54* unch Am Bk Pwt 22* Am Expmi 42* unch Am 1 bm« Prod
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    • 877 10 Amsterdam AUG 28 ABN Fk 309.00 +1 i*im 95.00 -35 Ahold ***** -0 3 AkJO 124 .10 -0 3 AMFV 278.70 -1.3 Amt« Am Bank M OO -0-4 Barfed 45 00 -1.4 Boh 102 80 1.4 Boraumi ***** -4 Boak<* Bk Tat 105.00 -I Caland 38.20 +0.2 Cj*m
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  • Page 10 Advertisements
    • 480 10 p i <SMI M o ii WMm to wlae, ani /?:£> HMT A PORTER 85 Latest, avant-garde styles by talented local designers. Every Friday night from July 5 to August 30,1985. RooJside, sth floor Royal Holiday Inn Singapore 7 30pm Barbecue Buffet Dinner 9 00 pm Fashion Show $25 50
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    • 87 10 London stocks on poos 15 Lounge Enjoy the world's finest wine, while you relax In the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body N Soul from the Philippines. They'll captivate you! Happy Hours: spm 7pm, 5Q% off all drinks (pouring brands), CROWTI OmSCE
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  • ASIAN STOCKS
    • 301 11 HONGKONG: Share prices closed sharply lower yesterday under pressure from HK Wharf s sale of a 17.2 per cent stake in Cross-Har-bour Tunnel Co, dealers said. The Hang Seng Index shed 16.66 points to 1652.19. Turnover was HK5216.10 i million against $140.83 million in Wednesday's half-day session. i Brokers
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    • 214 11 AUG 29 MT ban Hwa hdui Nan Ya Has 9 55 21 90 1295 -0 05 +0.2 Al Sincara lndu» 3 29 17 50 0 15 Pacific Elact Wire 1200 0 1 Amu C amarfl Cathay Con* 20.40 43 40 ■02 +0.3 Poolung Papar Shan> SKMn Papar 0 97
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    • 344 11 TOKYO: Prices closed higher in active trading, with buying shifting to biotechnology-related shares from asset-backed issues. The market average rose by 43.30 to *****.80 after losing 5.91 on Wednesday. Turnover was 500 million shares against 800 million on Wednesday. Biotechnology-linked shares reversed Wednesday's fall. Mitsubishi Heavy, the day's most
      344 words
    • 97 11 MANILA: Share prices closed higher in quiet trading. The Commercial and Industrial Index firmed 1.82 to 142.62. The mining marker gained 17.42 to 658.46. Oils were up 0.025 to 0.762. AUG hni J Acoja Mvwig PW Apex Mining B 0 0055 unch Atlos Con. B Boguio Gold 0 001
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    • 443 11 SYDNEY: Australian shares yesterday closed slightly easier as profit-taking offset a higher international gold price and a rise in prices on Wall Street. Brokers said the market seemed overbought by the middle of the day, and prices retreated on concern that interest rates might go up. Near the close,
      443 words
    • 76 11 AUG 29 Won Hywtdai Const Hyundai Motor 895 890 -3 -4 677 ■2 429 •1 655 701 1 Ctmlwunq ft 724 -1 1379 -21 485 15 Karoo Sh? 410 •4 Do«woo Corp Do*woo Ind Dong Ah. 470 654 5*3 590 -1 +4 15 Lucky IM. Saming Co. Samsung Boc
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    • 156 11 1 BANGKOK: Share prices closed higher in slow trading. The Book i Club Index improved by 0.32 point to 135.70 as gainers led losers by nearly two to one. AUG 29 M«i Sam CMian 77 50 1.5 A ok ham Thai S«am Oy Camant SOB ♦4 Alia Ffcn Aiutww
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    • 63 11 Reuter OFFICIALS of the Kagoshima prefectural office in southern Japan have rejected a request by Cargill North Asia, a Japanese member of the Cargill Tra dax group, to buy land for a compound feed plant on Shibushi Bay on Kyushu Island. The officials said they might
      Reuter  -  63 words
    • 339 11 Reuter NINE TRADING HOUSES, which financed the building of more than 100 ships operated by Sanko Steamship, have agreed to ask a court official to pay the debts of Sanko ships detained in foreign ports and take steps to avoid future detention of
      Reuter  -  339 words
    • 255 11 FT HYUNDAI, South Korea's largest automotive company, plans to sell more than 100.000 cars in the United States next year. It will be Hyundai's first year in the US. If the company's sales target were achieved, it would be seventh among
      FT  -  255 words
  • Page 11 Advertisements
    • 577 11 )r.?> s\. y Jfji J' l?§\&gS -w le.>> < V Iss^a(&rfll Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting. BUSINESSMAN'S UINCH Monday to Friday $26.50 10% service charge 3% CESS SUNDAY BRUNCH $24.00 10% 3% (adult) $12.00 10% 3% (children) For reservation call *****22
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    • 188 11 Thai Seafood Served I n True Siamese Stvlc s 5-. v Thinking of food Think Thai: Spicy Tomyum Soup, Charcoal-GnHed Seafood, Royal Thai Seafood and our other deiectabte Thai Cuisine. Or if you're a gourmet cook, take home some fresh seafood from our mini seafood market. And cook up a
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  • RAW MATERIALS
    • 65 12 WHEAT futures on the Chicago Board of Trade closed A 3/* to two US cents a bushel lower on Wednesday, with September through March establishing new season's lows. Corn futures dropped to new lows late and closed 1V« to 3'/ 2 cents a bushel lower. December through May ended
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    • 145 12 Chinese Produce Robusta 20/25% Exchange (Sellers' noon dosing pr Aug 29 (S$/100 kg). ices on FOB NSW Nutmeg 110 FOB NSW 440 00 479 00 E&W FOB NSW 335 00 Coconut oil Bufc FOB Ok) drum FOB 80.00 93.00 Gambier FOB NSW 330.00 Now drum FOB 97.00 London
      145 words
    • 160 12 Yarn Indian Oogon Head Unq 117 00 116 50 (In HK$ per bote of 400 lb) Japan No 2023 Shirting China carded yarn, cones Hongkong Golden 115.50 Blue Phoenix 16's 2,500 Peak, 60 x 60 Blue Phoenix 20's 2,550 Blue Phoenix 32's 3,000 White cloth Blue Phoenix 4Cs 3,350
      160 words
    • 186 12 SINGAPORE The market closed higher yesterday with September One RSS buyers quoted at 165.25 cents per kg, up 1.25 cents from Wednesday. The morning session gained some 1.25 cents on light buying interest in quiet trading. Prices slipped in the early afternoon trading but recovered towards the close on
      186 words
    • 274 12 Singapore C-l Ord unq (SS/kik), ex-godown) Loonzam Rice Fragrant new crop 1st 0.80 2nd 0.58 100% 1st grade 100% 2nd grade 100% 3rd grade E! unq 3rd 056 Parboiled Rice New Crop 5% 215 25% no stock 10% 210 10% no stock Thai Broken Maize unq A-super Special OO
      274 words
    • 320 12 RAS prices m M CMtt/Vj, FOt in t tote* NOON CLOSE Buyers C -M JeeCt* lliyin 5tHtn Int 1 RSS Prompt 164 50 I65 50N 165.00 166 00N lot 1 RSS Sept 85 164 50 165 00 165 25 165 75 Int 1 RSS Oct 85 163.50
      320 words
    • 96 12 (c««its/kg, 1-ton S£PT 85 OCT 85 (currant month) (forword month) NOON NOON RAS Bwyscs ftvyeri Siim SSR 20 134.50 136 50N 135.50 137.50N SSR 50 132.50 134. SON 133.50 135 SON MRELB B S*H*n Bwyw* 5»IUn SMR CV 178 50 180 SON 179 50 181 SON SMR
      96 words
    • 91 12 THE KLTM price remalae4 ueluged at Mlit.7l a kg la qalet trading yesterday. lie market waa upparted by eeatlaaed lew efferlags ef M toaaes wklck did aet taclade aay foreign metals. The knffer stock maaager teek 75 per eeat ef elferlaga. There waa seme Malaysian latereat The dlaceaat
      91 words
    • 137 12 INDIA'S presence for its weekly tender of September/October RBD olein failed to aid sentiment yesterday as late selling and profit-taking emerged to take prices lower. The market opened easier in sympathy with Wednesday's lower Chicago soyfutures close. August, which is due to expire today, ended Mf7 lower at
      137 words
    • 107 12 SOYBEAN futures on the Chicago Board of Trade eased off its highs to close y« to 1V« US cents a bushel lower on Wednesday. November ended near the middle of a 6V*-cent range. Commercial selling erased early gains made on purchases by chart-direct-ed commission houses, as Wednesday's positively viewed
      107 words
    • 464 12 COFFEE Robusta futures closed off the day's lows on Wednesday in quiet trading to end £28 to £21 a tonne down from Tuesday night's close due to firmer sterling, long liquidation and easier sentiment. At the close, November was £28 down from the previous close at £1,682 in
      464 words
  • Page 12 Advertisements
    • 497 12 The Industrial Bank of Japan, Limited W a $11 is ft BALANCE SHEET FOR THE YEAR ENDED MARCH 1985 Non-consolidated Balance Sheet (1) Non-consolidated Statement of Income (1) March 31.1985 (in millions March 31. 1984 (in millions Interest on Loans and Discounts Securities Others (1) Fees and Commissions Other Income
      497 words
    • 513 12 y f I j k 1 111 LI-HSUEH PROPERTIES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary Ganaral Matting of LI-HSUEH WO PERTIES PTE LTD held on 27th August 1966, tha following Spatial Resolution* Mara duly peseedThat LI-HSUEH PROPERTIES PTE LTD ba wound up voluntarily and that Maun Rogef
      513 words

  • SHARE INFORMATION
    • 4305 13 FOR MOST OF THE DAY trading on the Singapore stock market yesterday followed a familiar pattern with attention focused on just a handful of speculative Malaysian counters while investors continued to steer clear of blue chips. But towards the end of the afternoon
      4,305 words
    • 241 13 SINGAPORE Rises Indices M A A TOM AIM Clwc Kotaagti 3400 334 202 222 155 158 312 175 570 226 151 202 100 37 25 22 17 13 12 12 ■T Compotiti Aao 2S Aao 29 637 05 640.33 IT Indicator BT Ot/OS *****19 *****54 -45 -66
      241 words
    • 3303 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".
      3,303 words
    • 76 13 PAN MALAYSIA CEMENT WORKS Berkad: 22nd AGM at the MUI Plaza Conference Centre, 1st Floor, MUI Plaza, Jalan P. Ramlee, Kuala Lumpur, today at 11.30 am. PAN MALAYSIA RUBBER INDUSTRIES Berkad: 23rd AGM at the MUI Plaza Conference Centre, 1st Floor, MUI Plaza, Jalan P. Ramlee, Kuala Lumpur,
      76 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 226 14 Bernama INVESTORS are cool to the newly-introduced delayed-one-month (DIM) system of trading on the Kuala Lumpur Stock Exchange because many are still very uncertain about it. The Market Monitor, a weekly investment newsletter published by the Organisational Resources Sdn Bhd (ORSB), blames
      Bernama  -  226 words
    • 493 14  -  By AMY CHEOK ENIGMATIC Malaysian businessman, Lee Ming Tee, has successfully completed the listing of another of his companies on the Australian stock exchange. The company, Hastings Deering Corp Ltd, capitalised at As6o million, will be Mr Lee's third public vehicle in Australia.
      493 words
    • 374 14 THE SINGAPORE parent of the Cowan group, now known as Paul Terry Investments (South-east Asia) will be liquidated today. Mr Jim Cowan, a veteran investment adviser who owns all but one of the 330,000 issued shares in Paul Terry Investments (formerly James
      374 words
    • 247 14 Monogers' prices for Aug 30 MARA-Bumiputra Frst B'putro 4 96 5.01 Singapore Unit Trust Second B'putro Thrd B'putro Fourth B'putro 456 376 461 3 81 The Commerce 1 62 172 4 11 4.16 The Savings Fund 1.35 1.43 Fifth B'putra Sixth B'putro 272 277 S pore Prog Fund
      247 words
    • 58 14 Reuter HONGKONG and Kowloon Wharf and Godown Co Ltd has completed the sale of 21.8 million fhares or 17.2 per cent of Cross-Harbour Tunnel Co Ltd at HK$lO.lO each or a total of $220.2 million. It retains another 5 per cent. Proceeds will be used to
      Reuter  -  58 words
    • 98 14 HONGKONG Wednesday 1378.0 Hong Seng Index Week ago 1388 7 Thursday 1652.19 Wednesday 1668.85 NEW YORK Week ago 1671.87 Dow Jones TOKYO Wednesday 1331.09 T uesday 1322.47 Tokyo Dow Jones Week ago 1329.53 Thursday *****.80 Wednesday *****.50 Standard Poors Week 090 *****.05 Wednesday 188.83 Tuesday 188.10 TSE Index
      98 words
    • 318 14 FRESH BUYING support caused share prices to surge on a broad front in active trading on the Kuala Lumpur stock market yesterday. Interest, however, was centred on speculative industrial issues which finished sharply higher. Most other counters were mixed but property stocks attracted
      318 words
    • 2799 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 (2.245X4) 2 00 (2) 2 02 (2)
      2,799 words
    • 493 15  -  By NAJEEB JARHOM THE STEEP RISE in taxi fares from April this year and big savings in manpower costs resulting from the conversion of its entire fleet of buses into the one-man-operation system have helped Singapore Bus Service (1978) Ltd to turn in impressive
      493 words
    • 249 15 FAST-MOVING INNOVEST Bhd is on the acquisition trail again. This time, it is buying a controlling 60 per cent stake in a Malaysian high-technology company called Power Electronics. The total consideration is Msl.9 million payable over 18 months from the date of the agreement. Innovest,
      249 words
    • 255 15 PROFITS AT ISETAN, one of the five publicly-listed retail companies, are down again, although marginally. And the group has also decided to skip its interim dividend. In the first six months to end-May 1985, Isetan made $1.90 million in group pre-tax profits compared with
      255 words
    • 426 15 PROMINENT businessman and banker Geh Ik Cheong has replaced Tun Sir H S Lee as chairman and chief executive of Malaysia's fifth largest bank, Development Commercial Bank. The appointment was confirmed at the bank's annual general meeting held in Kuala Lumpur yesterday. Tun
      426 words
    • 1038 15 SHARE PRICES closed firm yesterday after an active session on buying for the new account prompted by the previous day's higher performance on Wall Street. At 3.30pm, the FTSE 100 was up 14.6 points at 1,322.8. South African golds, however, were lower on continuing concern over the political
      1,038 words
    • 444 15  -  By CHAN OI CHEE AN UNNAMED third party has issued a claim amounting to $2.37 million against Intraco Ltd. The party is contesting the validity of certain transactions entered into by the international trading company. Intraco, which released an encouraging set of interim
      444 words
    • 250 15 BANK NEGARA MALAYSIA has decided to limit shareholders of financial institutions to a maximum of 20 per cent, so that no one party would dominate the ownership of a single financial institution. The move is also aimed at providing for a
      250 words
    • 186 15 THE KUWAIT Investment Office has purchased 400,000 shares in Cycle A Carriage LTD for $1.34 million and as a result, has increased its interest in the company to 22.70 million shares. GENERAL SECURITIES lavestments Ltd said its unaudited consolidated net tangible asset backing per share as at July
      186 words
    • LATEST RESULTS
      • 35 15 SING INVESTMENTS Finance Ltd: Group operating interim profit before tax of $2.72 million ($2.66 million) on operating revenue of $9.32 million ($8.72 million) to end-June. After-tax profits were $1.63 million ($1.60 million). No interim dividend.
        35 words
      • 30 15 Group pre-tax interim earnings of M 514.46 million ($16.21 million) on turnover of $314.41 million ($414.24 million) to end-June. Af-ter-tax profits were $9.21 million ($lO.lO million).
        30 words
      • 40 15 Group trading interim prof- it before tax of M 55.90 million ($7.22 million) on sales of $12.19 million ($14.38 million) to June 30. An interim dividend of 8 per cent (10 per cent) less tax.
        40 words
    • 201 15 THREE PLANTATION-BASED companies yesterday requested a suspension in the trading of their shares pending an announcement. Batu Kawan, Duff Development, and Mentakab Rubber Co made separate announcements to the Singapore and Kuala Lumpur stock exchanges without giving further details. It is not clear if
      201 words
  • Page 14 Advertisements
    • 285 14 In thousands of U.A.E. Dh. INCOME Net interest received Other income EXPENSES Administration and general Provisions and other expenses PROFIT BEFORE TAX Overseas taxation NET PROFIT FOR THE YEAR Add: retained profit at beginning of year APPROPRIATIONS Transfer to legal reserve Transfer to general reserve Proposed dividend RETAINED PROFIT CARRIED
      285 words
    • 370 14 NOTICES la The Matter •< IV Campaalm Act Cap ltt Ami la The Matter mt NGK PTE LTD (la Valaatary UqaMattea) Menken' Valaatary WtadtagUp At an Extraordinary Ge-i neral Meeting of the members of the abovenamed Company duly convened and held at 3 Mount Elizabeth #11-03 Mount Elizabeth Medical Centre
      370 words

  • Page 15 Advertisements
    • 391 15 LTCB The Long-Term Credh Bank ol Japan, Lid. Singapore Branch U.S. $20,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE AUGUST 31, 1987 In accordance with the Provisions of the Certificates, notice is hereby given that for the Interest Period from August 30, 1985 to February 28, 1986 the
      391 words
    • 212 15 OUR COMPREHENSIVE, MULTI-MILLION DOLLAR FACILITY CAN TREAT ALL YOUR TYPICAL TOXIC TRADE WASTE, MAJOR TREATMENT SYSTEMS ARE AVAILABLE AT OUR SITE. Toxic Waste Incineration Plant (For liquid, sludge end solid waste) Coolant/Emulsion Treatment Plant Acid/Alkaline/Cyanide T>aatment Plant (3 systems) Solvent Recovery Plant Fixation/Encapsulation System Service Laboratory Speciality Chemicals/Solvents Waste solvents,
      212 words

  • 482 16  -  Insurance Commissioner's approval yet to be given By AMY BALAN DELAYS IN official approval for a general rise in motor insurance rates are not necessarily good news for motorists. For even if the insurance commissioner refuses to sanction an across-the-board rise in rates,
    482 words
  • 442 16 THE JOB of heading the panel of judges charged with selecting Singapore's best all-round businessman has been accepted by Mr Chandra Das, the chairman of the Trade Development Board. Mr Das, the MP for Chong Boon, and the managing director of the Intraco
    442 words
  • 408 16  -  By LISA LEE ISETAN SINGAPORE has taken over its five levels of shopping space at Wisma Atria, opposite Lucky Plaza, and is currently fitting it out in preparation for next year's opening in September. No decision has yet been taken
    408 words
  • 78 16 Reuter A FORMER ASEAN secre-tary-genera] standing trial in Jakarta for subversion said yesterday Indonesia faced serious unrest because President Suharto had failed to create political and economic stability. Retired Lieutenant-gen-eral Hartono Dharsono told the court that when Suharto was acting President in 1966, he had
    Reuter  -  78 words
  • 268 16 AFTER NINE MONTHS in the pits, Mr Oliver Tan, the former senior vice-presi-dent of DBS Bank who resigned last year to join the Singapore International Monetary Exchange as an individual trader, has rejoined the bank. He is back at his
    268 words
  • 201 16 FT THE LONDON stock exchange has told the US Securities and Exchange Commission (SEC) that some US restrictions must be relaxed if an international market in equities is to develop along truly reciprocal lines. The warning was contained in a response to one of two "concept
    FT  -  201 words
  • 46 16 UPI GOVERNMENT officials found a large split in the rear cabin bulkhead of the Japan Air Lines jumbo jet, which crashed on Aug 12, along a seam used to replace the bulkheads lower portion after a 1978 accident, investigative sources said. UPI
    UPI  -  46 words
  • 53 16 Reuter PAKISTANI military authorities put opposition leader Benazir Bhutto under house arrest for three months yesterday, a week after she ended 19 months of exile to bury a dead brother, police said. Policemen stormed her seaside home in Karachi in the morning and served her the
    Reuter  -  53 words
  • 380 16 AFTER A SUSPENSION of nearly a year, flights between Singapore and Sri Lanka are to be resumed, following the conclusion of a new air services agreement by the two countries. Two days of talks by officials from both governments ended yesterday with
    380 words
  • 126 16 Reuter COMEX GOLD FUTURES lost US$3.3O to $3.60 an ounce on nervous selling yesterday morning following news that the South African Chamber of Mines had offered mineworkers a new proposal to avert a planned strike on Sunday. Gold for delivery in December was at $344.00 an
    Reuter  -  126 words
  • 72 16 THE NEW YORK stock market pulled lower in early trading yesterday as a two-day advance ran out of steam. The Dow Index was off two points to 1329. Declines had a five-four lead over advances on turnover of 11.33 million shares. Upjohn led the actives, up V«
    72 words
  • LATE FILE
    • 56 16 Reuter PREPARATIONS for elections in India's Sikh-majority Punjab state quickened yesterday when top officials met to finalise security plans aimed at preventing possible secessionist violence during the polls. Chief election commissioner R K Trivedi discussed security with officials from Punjab, neighbouring Haryana state and the
      Reuter  -  56 words
    • 61 16 Bernama AMERICA and Japan are heading for a full-scale trade confrontation, with anti-Jap-anese sentiment in the US congress now running at "fe-ver-pitch". Several dozens of bills which were aimed at "forcing" the Japanese to open up their markets for US exports would be laid before congress
      Bernama  -  61 words
    • 54 16 Opecna THE VALUE of Indonesia's non-oil exports rose by 0.7 per cent in the first five months of this year compared with the same period of 1964. Overseas sales of commodities, headed by timber and rubber, totalled U552.33 billion in the Janu-ary-May period, about $16 million
      Opecna  -  54 words
    • 49 16 GREENPEACE chairman David McTaggart said yesterday that his organisation planned to take France to the European Court of Human Rights. Mr McTaggart said a top US lawyer, Lloyd Cutler, had offered his services, and they would be meeting in Paris next week. -AFP
      49 words
    • 32 16 AP A HIGH-RANKING West German security official was arrested on suspicion of spying for communist East Germany, the second person taken into custody in the espionage scandal. AP
      AP  -  32 words
  • Page 16 Advertisements
    • 293 16 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP's name I, Jimmy Tan of M/s Samta Pte. Ltd., hereby give notice that in consequence of our Purchase a motor ship from M/s Freesia Shipping Co. S.A. I have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping
      293 words
    • 10 16 Earnings down marginally, Paga 15 JAL head apologises, Page 4
      10 words
    • 44 16 It takes a long time VJ fl X Let the experts do it for You For further information and reservation please call or write to us: CATERING DEPARTMENT COLOMBO COURT P O BOX 71 SINGAPORE 9117 CATERING O" .SERVICE .ROOSTER the barbecued chicken specialists!
      44 words
  • Page 16 Miscellaneous
    • 42 16 Report for 24 hours prior to 7.30pm on Aug 29 at the airport: Maximum temperature 32.0 Associated humidity 57 Minimum temperature 25.5 Associated humidity 89 Hours of sunshine 6.60 Rainfall in millimetres NIL Rainfall this month 54.8 Rainy days this month 9
      42 words

  • SHIPPING TIMES
    • 494 17  -  Yokohama delegation seeks reassurance from NOL By LINDA CHEE JAPANESE PORTS, with an eye to the financial advantages of a port of call, have been sending delegations to Neptune Orient Lines in Singapore to promote their facilities. Over the past two months, three missions from
      494 words
    • 147 17 THE JURONG Control Station will be changing the VHF channel for ships and harbour craft operating in the western sector of the port with effect from 0001 hours on Dec 1. From that date, VHF Channel 22 will be used, instead of
      147 words
    • 295 17 THERE WAS AN encouraging decrease in the number of large spills from shipping last year but maritime administrations are warned not to be complacent about the trend. The International Tanker Owners' Pollution Federation which administers the voluntary pollution liability agreement Tovalop says there were
      295 words
    • PORTSIDES
      • 117 17 THE HITACHI Zosen Corporation has developed a new floating oil production system by utilising used tankers which can pump up high-pressure oil from offshore fields. According to a Hitachi spokesman, the system consists of pipes capable of withstanding high-pressure oil coupled with a newly-developed turret mooring
        117 words
      • 57 17 Reuter THE PANAMANIAN motor vessel Pab sank after sustaining leakage in heavy weather off Amini Island, some 643 km north of the Maldive islands, Lloyds Shipping Intelligence service reported. It said the 12,622 tons gross vessel was on its way from Vitoria, Brazil, to Chittagong, Bangladesh with a
        Reuter  -  57 words
    • 786 18 FLAGS OF CONVENIENCE have often been seen as synonymous with less-than-perfect standards of safety and a lack of financial sophistication. Unctad discussed the problem yet again at a conference in Geneva recently but, typically, little progress was made. Aware of the
      786 words
    • 289 18 THE NEW Dkr 110 million multi-terminal for bulk, break-bulk, container and ro-ro cargoes, to be opened at Aarhus on Oct 6, will be Denmark's largest multiterminal. It is part of a port complex which also includes the country's largest coal and container terminals. Though completely sheltered from
      289 words
    • 104 18 WEST GERMAN authorities seized 2.4 tonnes of marijuana disguised as aluminum scrap aboard a ship coming from Nigeria. Police said three men had been arrested in The Netherlands in connection with the marijuana, which they said was "of the highest quality." TTie names and nationalities of the
      104 words
    • 897 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 III 2/3 Antah Orient X 3 Arrow Lines X 5 Atlas Lines
      897 words
    • 1608 18 CHARTERING remained I quiet on the freight market on Wednesday but rates for < grain fixing continued to hold steady, shipbrokers said. The unchanged level of U5510.75 was paid for two i grain cargoes from the US Gulf to Japan and $51.75 was agreed for bagged rice j
      1,608 words
    • 205 19 AN INTERNATIONAL maritime exhibition and conference Expoship Riomar will be held from Oct 14-19 in Rio de Janeiro. The two-day Seatrade conference, from Oct 15-16, will aim to identify and examine the key issues affecting the Latin American sea transport industry today. The
      205 words
    • 596 19 AFP WORLD SHIPBUILDING order books shrunk for the third successive quarter in the April-June period this year, with new orders again below output, according to the latest figures from Lloyd's Register of Shipbuilding. Substantial reductions were recorded in the order books for Japan,
      AFP  -  596 words
    • 294 19 NEDLLOYD GROUP posed a commendable result (or the first half of 1985 with a net profit of DF1560.2 million. In spite of an improvement of 15 per cent over the 1984 interim net profit of DF1552.4 million, Nedlloyd does not expect the full year result
      294 words
    • 202 19 S#pt 15-19 74th annual convention of the American association of Port Authorities, Portland, Oregon. S«pt 16-19 Cadmo 86, international conference on computer aided design, manufacture and operation in the marine and offshore industries, Washington, DC. S*pt 16-20 Insurance of target risks in Af-ro-Asian countries, Federation of Afro-Asian Insurers
      202 words
    • 189 19 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports/ Australia, Straits Japan and the member lines: ACE (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. Straits
      189 words
    • 100 19 AFP THE 6,087-TON Thailand-registered cargo ship Maritime Optimum was in collision with a Japanese cement carrier off Cape Sata, south of Kagoshima, and suffered a minor crack on its portside, Japanese Coast Guard officials said. None of the 25 crew members aboard the Thai vessel or 12 persons
      AFP  -  100 words
    • 2427 24 aaaßsxp&B 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
      2,427 words
    • 683 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 Nan Hwa 30S 29 8.85 1600 Eagle Corp F1 0700-0800 N1 Orient Maru 29 29.8.85 2000 Mitsui OSK F7 0700-0800/1100-1200 U3 Thana Bhum 19N 29.8.85
      683 words
    • 1631 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Same (S) AB Shipping Boustead Shpg Agencies Afeo Line A trie on Shpg Agencies (S) Ahrenkiel Lmer Kim Shpg (S) Alfred C Toepfer Oceonus ShippingAgencies (S) Sdn Bhd (PK)
      1,631 words
    • 425 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Jenson Vietxo No 6 Frotorio Hoti Senang Kodama P of Scond/P Trans Hav K22 K21 K12 K20 K30 Kl 1 KIO Thong Soon NAPL Merlion Kie Gwan Samta Harper Barber alongside alongside 308 85/0100 308 85/0700 30
      425 words
  • Page 17 Advertisements
    • 1016 17 Monthly from Pitman Available at all good bookshops and newsagents 1 in Times 111 IL# Distributors Agents W A MEMBER OF THE C.Y. TUNG GROUP OkicntOveiqeas CvUcmu* Line IMOME SMTMB MOOES (In 2425M/W) 70 Stentori Way *0403 Manna Ho«e Savwore 0207 Tel *****11 T«t«m RS ***** CFS OFFCE IPC #*****
      1,016 words
    • 53 17 FLAGS OF CONVENIENCE hove often been seen as synonymous with less-than-perfect standards of safety. Page II WORLD SHIPBUILDING order books shrunk for the third successive quarter in the AprilJune period this year. Page 111 Index to advertisers II London freight II Consortia 111 Weather map VIII Container schedules IX Ships
      53 words
    • 1204 17 lii Scanii *°V This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense MAERSK LINE T TO U.S. WEST COAST 'Singapore Oom| lam CY 2/1 ISOO HRS CfS- 1/1 2300 MB To California US Gulf US A'iantir
      1,204 words

  • Page 18 Advertisements
    • 513 18 YAMASHITA-SHINNIMON LINE CONTAINER SERVICES Pacific South Wast Fwdtf at Tokyo Mother VSI LA/LB OAK i. APOLLO 5/10 8/10 YAMASHM M 12/10 IVIO TMMSHN M 17/10 15/10 ZEELANOtA 10/10 22/10 Pacific North Wast Faadar at Koba Mother VSI St AT VCR HYUGA 0/10 10/10 I. ALLIANCE 16/10 17/10 RM BRDGE 22/10
      513 words
    • 328 18 Vessel BARHR PfRSEUS mum BMHR KCIOR N ROCMSIER BJUtHR 10BA rgffT."J'.v i aCTg^Cg-^B^ l 5/9 15/9 25/9 5/10 15/10 l/» 13/9 23/9 3/10 13/10 2/9 12/9 22/9 2/10 12/10 Saded 7/9 17/9 27/9 7/10 Saded Saded 4/9 14/9 24/9 4/10 ?4 19/1( 21/10 29/10 31/10 29/10 31/10 29/11 1/12 29/11
      328 words

  • Page 19 Advertisements
    • 1104 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok QC!L Overseas Containers Limited COWTAIfSRSHIP SERVICE TO UK CONTINENT OTY OF EDROMGH frankfurt txmss CARDIGAN BAY LIVERPOOL MY H/l« d KM VON 13/1* 1 TOKYO MY 19/10 2 OtNAIDfR 27/11 2 OTY OF EDMURGM «/U FRANKFURT
      1,104 words
    • 691 19 Franco Belgian Services r»r P' (MEMBER OF ACE CONSORTIUM' inw-v ir a t -1 ■HI COWTWW Siryp TO EUMPt STGK PIELMKIt Hmt l'*a» Fit** Hm fHwaa M HOMVOMS COMTMDt 4 Sap (2 Sap) 23 Sap 24 Sap Sep 21 Sap 21 Sap 1 Oct KPTWi OTStM. OHNTM. ae 11 Sap
      691 words
    • 162 19 Service* to major Alto ffefflc coontriea with complete rang* of *****" dry/ree«ar containers and ht-cuba 45* garment# and othar apaciaity a<|o»pmanta PLUS: Atlanta. Chattanooga. Cincinnati, Cleveland. Columbus. Dallas. Denver. Detroit. Greenville. SC. Lebanon, Longbeach. Memphis. Nashville. Portland, Sacramento, San Francisco, San Diego. Stockton. St. Louis, St Paul. Tacoma PLUS: Baltimore.
      162 words

  • Page 20 Advertisements
    • 564 20 Hapag-Lloyd A TO CONTINENT/ UK EXPORTS I TO EUROPE/MED S'pore PKeiangPeaaag leiionßfea* Genoa lte| Mm B*«* w*wp 17/$ 19/9 21/9 Ml/10 31/11 24/14 29/10 23/10 14/9 20/9 12/ It 14/10 25/1111/11 22/11 29/9 2/11 4/10 VII 30/10 12/10 14/11 «/ll 13/11 11/11 14/11 22/11 TO USA/CANADA IMn HK l«g Oakland
      564 words
    • 363 20 M S LINE tOUi J»'" *t WW FULLY CONTAINERISED SERVICE 10 EUKOf hongkqk com mo 4 ORWTAL CHEF 45* KOREAN MCEW m mrxm. om* uw S port PXrta* llrtawt r<a Fttem tfW| Artaw* 4/9 2/9)1 23/9 24/9 24/9 28/9 (1/10) 11/9 9/9)1 30/9 1/10 3/10 5/10 «/10 18/9 <16/9)1 7/10
      363 words
    • 354 20 Mr Hai Sun Hup Group We are pleased to inform our clients and business associates that as from Ist SEPTEMBER 1985 our office will be located at:200 CANTONMENT ROAD 09-01 SOUTHPOINT SINGAPORE 0208 Our telephone, telex and facsimile numbers remain unchanged as hereunder:TELEPHONE NO: *****06 (20 LINES) AGENCIES PTE. LTD.
      354 words
    • 444 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/C ARIB/USEC/EURO/FE) no cow no GOUKN fW 60MC no una ob am no GOKM HUE IK V 9 7/9 as ns ok no 9/9 12/9 14/9 15/9 natmuKFuniwuitt 4/U 1/19 19/19 12/19 22/14 23/19 2S/19 29/19 29/19 19/11 9/9 13/9 14/9
      444 words
    • 222 20 US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE SUN UNION LINE u TAIYO MARINE LINE k Fj I I JI\WR lIS 1 ARABIAN GULF SERVICE srac LOAD F« VESSQ 15/5 DMMMi DUBAI H QABOOS GENERAL AOEWTE.BMOAPORE SMOSE MARfTME PTI LTD TEL: *****44 PT. KELAMG
      222 words

  • Page 21 Advertisements
    • 878 21 P\v VESSEL KOTA JAVA KOTA WMMWAN KOTA MEGAH KOTA MUTIABA KOTA SEJATI KOTA WANGSA KOTA AQUNG KOTA PfcTANI PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 EAST AFRICA/REDSEA SERVICES ttt<t i z»".m 24-28/9 20-24/t HO/10 S-13/1S 27-30/10 ■EMERA, AOEN, MOOCIOAn, AO ABA. MOMBASA. 0 SAL
      878 words
    • 692 21 BENLINE CONTAINERS TTk»«(*i: fITTTTTMM^ I"»M Bay BenaMor C*Y aI EMiarfh ,ir 3 >-a ;f ii fim ;n 3,1 Hm B-HAVEMDAM HAVRE STON U.O I.IBHIIM »11 IK Ml VESSELS ACCEPT TO/FROM PENANG MO (KJJEBSEN LINE K. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA mm AND SOUTH PACFIC Noumea Aact Tmi
      692 words
    • 411 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF WEST BOUND •"KWIN VCW 1K32 oawt rtm *2wb| 212V1 mat MLMO MUCH AMM/IU HW am raw tunc km ic/i 22/1 11/1 21/1 24/11 22/U 27/1B 25/18 ISTCK I BUM LOKKN MBTEKMM HNOI BONTMKVtWB 2*l/18 24-24/18 27-21/18 38-2/11 M/l MSO ACCEPT* KTM CORTi Mti. ummk. oblo.
      411 words
    • 622 21 BOUSTEAD SHIPPING AGENCIES BURMA HUE STAR (Burmese National Una) Loadng far Rancoon S'pore PKeUof P« Phashweiyawywa *257* 2/3 Sopt Mandalay Vlo* 5/1 S*t Maaianyainc V2SW 25/30 Sept 13/11S«p< Phashweiyawywa V2SSW 25/27 Sopt Loadnt for HKG/JPN BANK LINE SPORE R'DAM HULL HMBG IVYBANK 3 Sep 28 Sep 6 Oct 2 Oct
      622 words

  • Page 22 Advertisements
    • 1379 22 B K LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (ImMu DESTINATIONS INLAND vto IPI/MICBOBRIDGE ft MINILAND BRIDGE) T .-n-c miuc «wac T/S PORT LA/LB SEATTLE OAK FIDO/ UPTIME CRYSTAL ¥30€ OflK BUDGE <47 Mono VESSEL NASHNGTON BRDGE V 4 OREGON BRDGE V 4 guniCWAY BRDGE V4O SHM BEISHU
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    • 508 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lo«*n| lot lOS ANGELES SMI FRANCISCO. SEATTLE. JACOMA VANCOUVER BC Accept** fa/fa Contamrs P Ketem Smcipwt I Aifrin MATIMXT IVIII* 11 Od AUSTRALIA EXPRESS CONTAINER SERVICE Accept mf fa/EQ CatAtmn KABMOAS V? 4 4/4 Sept 4/7 Sept RAVBAS V? 8 14 IS Sept
      508 words
    • 528 22 Smftptn 1. FUKUZAKI HWW PJatanf Hm« h Part/30 tat Am* Snuort Ci Surp I C* ht IM W *****22 PortTiU IMMSftafUiMM XUM/XUM fmrn MMS 9wf S*. M. TA X7W/X7WJ goom sunn foi 0) FWUZMI KMU MU K HOO ON ?J B NO F*IKJ SUMY MU K *10 GOLDEN LINE GUAM
      528 words
    • 367 22 INTRASEA (PTE) LT& 10 Anson Roacl *27 16 Internatto^a 1 P a/a Sinqapoff* 0207 Te' *****51 1 MO L ,r,t sl o_ BREAKBULK SERVICE TO EUROPE/UK S'pvt P. lilinl ntot *rDMMROS *****10 bM to Pwt ROTT/IM/*JL W FORT VICTORIA ■***** h Nrt ROTT/MT/UL (AW EVMBA BMW 12 9/9 12/1 ROTT/ANT/UL
      367 words

  • Page 23 Advertisements
    • 839 23 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): HK CONTNNER 46W+. 0 CHEP 45N K JACEJN 30W N CRYSTAL 31* K CHANCE 23W S S BMDGE 52W Also accepting cargo to/from Scandinavia HK CONTAINER S pore Closing Times: FCL Cargo LCI Cargo FROM EUROPE (VIA SUEZ) 0400 4/9 1200
      839 words
    • 498 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON PI»I iunis Wf lII* AG!NCKS PM I ID lei 81S 'BS' 14 ???7MO ??1?0?7 Oper.il,otm ,>?o<>>B4 ll.fTTMnil. .'*****0 ??0?S04 (CI Si Ml: lt\ll 1.,1NK TUNAS Sf lIA SDN BHD M If, 414 190 414:44 P* lei
      498 words
    • 730 23 SINSOV SINGAPORE SOVIET SWPPING CO PRIVATE LTD SMSOV BULOMG 55. Market Street Smfapore 0104 Telephone Number? *****3 (15 Lines) Cable Address SMSOV SMGAPOft Telex Nutters RS ***** RS ***** RS ***** p relang ram M/S SHAWM NAM SOON SON M. IST AND 2ND FLOOR. KSSRS HM THONG SMTM6 23 WeW
      730 words

  • Page 24 Advertisements
    • 844 24 rKc«|ional Cwiitniiicr Lilies 4 Sailings weekly Fast Reliable Regular Punctual Berthing P S.A. Mon t Tue. Thur. Sat rami HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPE CI At ISED AW* LIFTERS AWAIIABII super SPRIT S'pore 10/12 Sept Loadnt for: Saiaiah, Gizan Aqaba, Suez INI VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY
      844 words
    • 124 24 LOYAL SHIPPING LIMITED DIRECT SERVICE TO AND FROM CffTTAGONG Snfapore Penanj LOYAL BHD (Bangladesh flat) 10-15 Sept. 17-18 Sept General Agents CONFER (SEA) SHIPPING PTE LTD 76, South Bridge Rood, #06-00 SinooDore 010S Tel No *****97/*****93/*****80 Penonq Agents ORBIT SHIPPING SDN. BHD. Tel No *****2/*****2 SEA BULK LINE MRECT MONTHLY
      124 words
    • 307 24 NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We. Pan-United Shipping (Pte) Ltd of 33 Tuas Crescent, Singapore 2263 hereby give notice that in consequence of our purchase of "MARCOM ALPHA', we have applied to the registrar of Singapore ships, under section 417 of the merchant shipping act (Chapter 172, 1970
      307 words
  • Page 24 Miscellaneous
    • 176 24 W A Regional Weather >1 m x N p 2 9. tl s af 39 Ar fV 0/ 5 ESS -i^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND 5 Thunderstorm Weather direction with speed in knots Shower Ram
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  • Page 25 Advertisements
    • 342 25 ft APID SHIPPING PTE LTD S'PORE TEL: *****44 TLX: ***** K.L. TEL: *****5 A *****0 CI LOADMG FOR ETA SM Hk|, China, Bus. Cmb. BKK 7/9 14/9 S Part Louis 1/18 31/10 Id*. Rdam, Awerp, Hbw( 15/9 29/9 A Syd.Md.Bri, Adc, Fro 12/9 2/10 < N«6ULA« CONVENTIONAL/CONTAINER SERVICES TO CMfTTAGOMG
      342 words
    • 278 25 CN C LINES WEEKLY FCLA LCL CONTAINER SERVICE STOREIBKK HKG KM) KEE KOB MO) BUS CHUNG LI 512 2/9 5/9 11/9 12/9 14/9 11/9 19/9 20/9 KUO KSKMG 501 9/9 12/9 l«/ 9 20/9 21/9 25/9 2C/9 27/9 NANUEISI2 18/9 19/9 25/9 27/9 2S/9 2/10 3/10 4/11 CHUNG LI ¥.513
      278 words
    • 402 25 a OCEAN BRIDGE SHIPPING PTY LTD, FREMANTLE V REGULAR SAILING TO FREMANTLE M* HEL£J* COAST ETA 7/5 ETD J/J Oencjl V*"ls Imkov Shipping Co Pt« Ltd. 11l C*d SI #71 M/W Toni tn» BW| OlOt Id 223(272 LIN LIN SHIPPING PTE. LTD. 1. Maguirtc Road. *OS-OG Cwrtral BuHdlng. Singapore 0105
      402 words

  • Page 26 Advertisements
    • 161 26 PNG PACIFIC LINE S'p° re P Kelang LOADING FOR TBN 6 Sep 8 Sep# Lae, Kimbe, Kavieng Raboul, Kieta, Pom Also colls direct to Biollo and other PNG ports subject to inducement. Heovy lift vessel avoilable. Subj. inducement. For Freight Bookings ANDEKA SHIPPING PTE LTD TEL. *****45, *****50 TELEX: RS
      161 words
    • 439 26 {ffcMMMXMI KKST 1 TO; EUROPE TG MM STOKE P KEIANG WW® 11/13 Sep 9/10 Sep 15/17 Sep II Sep FROM EUROPE: r KEIANG STOK Sited h Pert Ft* I DO* L HARVt RDAM BKK HGB war I DAM MCI IK MOT LDGN vsua agents. LEO SHIPPING PTE. LTD. SINGAPORE *****22
      439 words
    • 580 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUV CONT MOUSED SERVICE 10 EUMK («U SH2) HONGKONG CONTARCR *6* ORCNTU CWF 4SW KOREAN lACERN JON ICFTIM CRYSTAL 31* (Harm R<t*n F stove HW| Br«n Antwerp 23/9 24/9 2(/9 21/9 29/9 t/M 30/9 l/M 3/1* VII
      580 words
    • 801 26 Everett Lines COMPANA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" load** toi CaMao Mala<ani lo and all oll*r P«u»u«i ports win tfanslnpnwnt at Kobe On CPV Though Bills ot Lading to hnal destination Penwif* P. Ketone Singapore HUGHE VERETT 2/4 Sep 5/S Sep MANOLOEIOETT 7/» Sep JOHNEVERETT 11/20 Sep 21/22
      801 words
    • 343 26 ZIM NOH-COfEJffNa MUPOOOfT FULL CONTMNER SERVICE FCLACL canoes to USA East 1 West Coast Carrib6eaniast C»imU and HMTi m ZIM EILAT CONTAINER LINE Sp« Ebt Tnrrte tan Km 2M STOUT 25/t M 17/9 IS/9 IS/9 21/9 m HMSBA* 1/9 22/9 1/11 2/It 29/9 5/lt Acceptnf PCI To Eiropean and MedHerranean
      343 words