The Business Times, 5 September 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, SEPTEMBER 5, 1985 60 CENTS
    12 words
  • 478 1 MISS PHAY AI LIEN has been dismissed from her post as a reporter with Business Times following the report of an inquiry panel into the circumstances under which she wrote three stories published in Business Times. The panel found that Phay, also known as Peng Ailian,
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  • 421 1  -  By SOH TIANG KENG, Financial Corraapondant A SHORTAGE of Singapore dollars yesterday pushed up overnight rates on the local interbank money market to 11.5 per cent the highest in 20 months. This temporary shortage was mainly the result of intervention by the
    421 words
  • 366 1  -  New committee to look into problems in the property market By JAIME LYE THE PROBLEMS facing Singapore's property developers are to be investigated by an official committee manned by representatives from the industry and government agencies. The main object of the Property Market Consultative Committee, which has
    366 words
  • 361 1 THE REPUBLIC'S oldest local bank, Four Seas Communications Bank, has appointed Mr Tan Puay Yong as its new chairman following a major boardroom reshuffle which saw the resignation of Mr Lee Hiok Siang from the top post. In addition to Mr Lee's resignation
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  • 244 1 ALTHOUGH THE NEWS of the formation of the property consultative committee was well received by property developers, some felt that the move should have been made much earlier. This would have given them more time to correct the situation before it accelerated to its current
    244 words
  • Article, Illustration
    71 1 SHARE PRICES clooed quietly mixed on the Singapore stockmarket yesterday. A nam be r of Malaysia! speeial-sitaatlon stocks saw seme moderate to heavy voiame bat with the exception of MBf Holdings (Sec Hock Lock Slew, Page IS) and Kiaa Joe, price gains were limited. At tke close, tke
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  • 259 1 THE PRIME MINISTER and Mrs Lee Kuan Yew will pay an official visit to China from Sep 13 to 25. Mr Lee is expected to meet China's leader Deng Xiaoping and other leaders to discuss the Cambodian conflict and other
    259 words
  • 97 1 AP THE AVERAGE annual wage for China's 121 million urban workforce will rise 19 per cent this year to 1,143 yuan (US$394). Last year, it was 961 yuan ($331). The State Statistical Bureau said wages rose by an annual 12.3 per cent between 1980
    AP  -  97 words
  • 106 1 AN OSAKA COURT yesterday ordered the liquidation of Sanko Tanker Co, a wholly-owned subsidiary of the bankrupt Sanko Steamship Co, carrying an estimated 80 billion yen (US$339 million) in debts. Sanko Tanker was established in May last year to oversee 16 Sanko Steamship supertankers and
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  • 119 1 AP INDONESIAN central bank governor Arifin Siregar yesterday said that government and national private banks may extend low interest export credits to foreign ventures to attract more investors to the country. "Political stability is not enough to attract investors but they should be offered incentives,"
    AP  -  119 words
  • Page 1 Advertisements
    • 103 1 lbpsinCarAucfio technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore Phone *****22 Kuala Lumpur Phone *****3/*****0 *nang: Phone *****/***** Jakarta Phone *****9 4 Come experience the pleasure of our tempting Hunan and Sichuan cuisine. Exquisitely prepared, and served in an ambience that's charmingly elegant Like our 25% offer, the lunch
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    • 257 1 mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW SOMETHING UNDESIRABLE is happening to Singapore. We are sinking into a pessimism so pervasive that we run the risk of it becoming a self-fulfilling prophecy. The economy may be in the doldrums,
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    • 16 1 FuN report, Pag* 13 i Intl stocks, Pag* 10 Sanko's preserver meets trade houses, Page 11
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    • 83 1 c I Rodenstoch Quality before your eyes A Government's reply to Devan THE GOVERNMENT hat responded to-former President Devan Hair's letter which appeared in BT yesterday. In Ma letter, Mr Nalr gave hie reaeona for not accepting the conditional pension approved by Parliament last Saturday. The governments statement is reproduced
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  • HOME NEWS
    • 448 2  -  By GOH YEE LING RETAIL SALES OF TOYS have fallen in Singapore and exporters are not doing too well either. "This year has proved how hard it is to pull the exhibitors in. Some said this could be their last exhibition," said
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    • 410 2  -  By JEFFREY TSANG THE FLOOD OF exhibitions in Singapore, coupled with the general slowdown in the economy, make it imperative for exhibition organisers to upgrade their shows and to consolidate their strength. Mr Robert Krakoff, the president of the Cahners Exposition Group, one of the
      410 words
    • 131 2 CREATIVITY and excellence have been highlighted as two areas that have to be developed in the education system if the vision for 1999 is to be fulfilled. Mr Wan Hussein Zoohri, Parliamentary Secretary (Communications/Information), yesterday said: "The curriculum should be structured in such a way
      131 words
    • 378 2 THE LAST 100 metres of a submarine cable linking Johore and Singapore will be laid today for the mutual exchange of electricity under a $41 million project. Another six days will be needed to join the 1.9-km cable to a 1.3-km land cable which is connected to
      378 words
    • 39 2 THE PUBLIC Works Department has installed traffic signals at Clemenceau Avenue and Cairnhill Circle junction. The signals will be operational from 10am tomorrow. Motorists approaching these signals are advised to drive carefully and to observe signal indications.
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    • 595 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Sep 9 Project Management for Institute of Institute of *****04 Users Systems Science Systems Science Sep 9 General Insurance for Singapore Professional Singapore *****63 Executive Management Association of Centre the Institute of Chortered Secretaries and Administrators Sep 9-10 Computerising the Purchasing
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    • 153 2 SINGAPORE and the Indonesian town of Pontianak in West Kalimantan will be linked by air from the middle of this month. Garuda Indonesian Airlines will fly the route three times a week from Sep 17. Services will begin from Pontianak, the capital of West Kalimantan,
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    • 260 3  -  By MONICA GWEE NATIONAL UNIVERSITY of Singapore graduates can play a more active role in raising funds for the university. They can form fund-raising groups among themselves and the money raised could go to scholarships, prizes or for the foundation of special
      260 words
    • 209 3 The following is a government statement released to the Press in response to former President Devan Nair's letter published yesterday: MR DEVAN NAIR In his letter to The Straits Times (Sep 4, 85) alleges that he had told the Law Minister, Mr EW Barker,
      209 words
    • 446 3 GRADUATES were called upon yesterday to repay their debt to the community which educated them, but in service rather than in hard cash. Every medical student costs $37,000 a year to keep at the university, or about $3,000 a month for a taxpayer,
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    • 71 3 THIS IS THE SEE-THROUGH COMPUTER from Nixdorf which is on display at tha Info Singapora Computa '85 axhibition at tha World Trada Cantra. Nixdorf, tha Waat Garman computar giant, hopas that tha saa-through computar modal will ramova a littla of tha faar paople hava of mainframa
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    • 325 3 THE FIVE national water sports associations have come together to form a pleasure craft safety committee, a result of the recent accidents involving such craft and fishing boats. Representatives will also be invited from the Marine Police and Port of Singapore Authority Port Master's
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    • 525 3  -  One of many plans to attract more patrons By ANNA TEO DANISH PASTRIES are making way for Chinese brush painting, flower arrangement, pottery and toy-making in a Singapore restaurant. Three days a week, most callers at the Royal Copenhagen Tea Lounge and Restaurant the
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    • 112 3 WORK ON THE NEW Surrender Chambers at Sentosa has been completed and it is now open to the public. The chambers represent the final phase of the $4.8 million upgrading programme of the Sentosa Wax Museum and the Pioneers of Singapore galleries.
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    • 163 3 A ONE-DAY conference to familiarise public accountants with new accounting software products is being organised by the Popular Computers systems house. Among the systems to be presented will be the "Nucleus", which won the Recognition of Information Technology Award for 1964 in the UK. It has been
      163 words
  • Page 2 Advertisements
    • 119 2 A The ftaqyo Paging Service provided by Telecoms has been designed to keep Subscribers in touch with the people who need to reach them, anywhere in Singapore, any time, day or night. There is no simpler or easier way than ths familiar "beep". Now the Radio Paging Service has taken
      119 words
    • 169 2 Technology Future Bank" 4th Asian Congress on Electronic Banking Services September 24-25, 1985; Hong Kong One of 12 papers at the Congress China and Hong Kong: The Equation Up to 1997 and Beyond Mr Leo Goodstadt, who presents this paper, is among the most renowned authorities on financial, economic and
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  • Page 3 Advertisements
    • 272 3 fPThe last thing Singapore needsis a new note! addition. Unless it's the new Wlev Wins at the Shangri-La. Shangri-La Singapore now has an impressive new extension. The Valley Wing. Each floor in this superb addition is limited to 12 guest rooms. And each elegantly-appointed room is an impressive 52 sq
      272 words

  • OVERSEAS
    • 408 4 Phnom Penh says move is part of new diplomatic ploy Reuter, AP THE HANOI-BACKED Phnom Penh regime has dismissed the retirement of Pol Pot as the military commander of Khmer Rouge forces as a trick. The Kampuchean News Agency, SPK, monitored in Bangkok,
      Reuter,; AP  -  408 words
    • 128 4 AP INDONESIAN President Suharto yesterday ordered Armed Forces Chief General Benny Murdani to "declare war" on rodents, which have destroyed food crops in large areas in the country. Information Minister Harmoko told newsmen after a Cabinet session that the president told the military to study and
      AP  -  128 words
    • 170 4 UPI ABOUT ONE-THIRD of the foreign news segments on China's state TV service features American news events. Not only did the Reagan administration appear regularly on China Central Television but he frequently appeared in a good light, quite
      UPI  -  170 words
    • 232 4 Reuter SOVIET LEADER Mikhail Gorbachev, who is due to meet US President Reagan in Geneva in November, has hinted at Moscow's readiness to make radical proposals on arms control, according to visiting US Senator Robert Byrd. Senator Byrd, who met Mr Gorbachev on Tuesday, said
      Reuter  -  232 words
    • 139 4 Reuter JAPAN IS ASKING China, Pakistan and South Korea to lower their textile exports to Japan. A Japanese embassy spokesman said textile exports, especially cotton goods, have increased sharply over the last two years, causing a serious political problem in Japan. Japan sent a
      Reuter  -  139 words
    • 819 4 ARRIVALS Operator S«rvic* Local From number time PAA PA21/5 0020 LAX/TYO/ HKG RBA BI443 0330 BWN LUFT LH688 0105 FRA/DXB MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH605 0930 KUL MAS MH811 0940 PEN AC AC858 0940 YYZ/LHR/ BOM RBA BI421 1030 BWN SIA SQ103
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    • 170 5 Reuter EUROPEAN AIRLINES are close to a deal for more flexible ticket pricing, a leading airline executive said on Tuesday. Air France President Marceau Long told the financial daily, La Tribune de L'Economie, he expected the Association of European Airlines (AEA) agreement
      Reuter  -  170 words
    • 244 5 UPI OPPOSITION LEADERS have demanded in a parliamentary debate that West German Chancellor Helmut Kohl fire his Interior Minister following the defection to East Germany of Bonn's top spy hunter. Mr Kohl rejected the demand. A motion by the opposition Social Democrats calling for the dismissal
      UPI  -  244 words
    • 362 5 NYT, Reuter. SOUTH AFRICA'S principal black mine workers union has suspended a strike against selected mines after less than three days. The union said the decision to halt the strike, called over pay demands, was to protect striking workers from threatened dismissals and
      NYT,; Reuter.  -  362 words
    • 165 5 AFP A PRESS REPORT that the British Broadcasting Corporation receives secret intelligence material prepared by government agencies was "not just untrue, but pure fantasy", the BBC said. The head of the BBC's external services, Austen Kark, also strongly denied that the programme or news
      AFP  -  165 words
    • 181 5 UPI BRITISH PRIME MINISTER Margaret Thatcher has named millionaire best-selling author Jeffrey Archer to help boost her sinking Conservative Party and win the next election. In a continuing shakeup of her government team, Mrs Thatcher appointed the dashing author of "First Among Equals",
      UPI  -  181 words
    • 260 5 Reuter THE BRITISH Labour movement faced the worst split in its history yesterday over the issue of whether to accept state funds for trade union ballots. The Trades Union Congress (TUC), which represents about 10 million unionists, was expected to suspend or expel its
      Reuter  -  260 words
    • 122 5 Reuter WORLD CHAMPION Anatoly Karpov yesterday conceded Game One in his world chess title rematch with challenger Garry Kasparov, the official Soviet news agency Tass said. Tass said Karpov, champion since 1975, acknowledged his defeat yesterday morning without bothering to resume play after
      Reuter  -  122 words
    • 511 5 NYT SAUDI ARABIA may be putting into effect a new policy that could result in its first discounts from the official Opec price, analysts say. While these analysts could not confirm various reports of the Saudi change, most said they thought it was probably
      NYT  -  511 words
    • 183 5 AP THE OPEC NATIONS, which piled up a balance of payments surplus of US$lO6 billion in 1980, will have a collective deficit of about $9 billion this year," Citicorp of New York said in its weekly Economic Review dated Sep 3. Barring a wholly
      AP  -  183 words
    • 113 5 UPI STEN GUN-FIRING assassins, including at least one Sikh, yesterday killed a senior Congress (I) Party politician and friend of the Gandhi family, possibly in revenge for his role in last year's anti-Sikh riots. A ranking police official at the scene said Arjun Das, a New
      UPI  -  113 words
  • Page 4 Advertisements
    • 297 4 AMERICAN ACCENT MALAYSIAN TECHNOLOGY rv < vv <- lii" t»t' t,t", ',r,vj hi iI rr cr< ettr vr j fl 1 1 m Now, the Accent 000 2001 PCs deliver 00 the best of both worlds. American accent for undisputed quality and Malaysian technology for r £tt fc convenience anywhere
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    • 5 4 Fastest Daily to it New\brk.
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  • Page 5 Advertisements
    • 174 5 Jt a SPHC DOWNUNDER HOTEL PASS ooftvvww wmQftHPW I 11 »^vw Southern Pacific Hotel Corporation's Downunder Hotel Pass offers more than just dollar savings. It gives you: «J|jJ A choice of 60 first class hotels throughout Australia, New Zealand and Fiji. Luxurious accommodation with many in-room extras like coffee and
      174 words
    • 75 5 mteorated workstation o the future at ■■■H] I] Bra SiH^njKai' CQMPUTfIfIS World Trade Centre, Hall 3, 11 am 7 pm daily September 3-6, 1985, Booths 256 257 -> s m m m L HP r.r r v a V ICL one PGR DESK Every executive should have one We should
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  • Page 5 Miscellaneous
    • 31 5 Doonesbury m t U* m f 3; ■h > Ik m r 2 ii >• 1 UlI BY GARRY TRUDEAU m i An ♦> fi /JL2 p&iNSil)JAtilA HMM~NHAT SsSs/fs powum m m m z
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  • RAW MATERIALS
    • 593 6 Bernama AFTER A FEW false starts, the revamped Kuala Lumpur Commodity Exchange (KLCE), the world's only commodity exchange trading in palm oil futures, is expected to be relaunched late next month. Malaysian Prime Minister Mahathir was expected to officiate the relaunch in conjunction with
      Bernama  -  593 words
    • 370 6 AFP MALAYSIA HAS CRITICISED the World Bank and other international agencies for encouraging developing countries to grow more natural rubber at a time when supply exceeds demand and prices for the commodity are depressed. Primary Industries Minister Datuk Paul Leong said yesterday that
      AFP  -  370 words
    • 134 6 Reuter FOURTEEN THAI creditor banks and a number of finance companies have agreed to release about 70,000 tonnes of impounded sugar to enable exporters to meet their delivery commitments. Central bank governor Kamchorn Sathirakul said sugar exporters, the Ban Pong sugar group and
      Reuter  -  134 words
    • 79 6 CONTINUED torfe tt■Mftto Mlal Mi teek «I leiii —w tea KLTM priee tell aMNw 17 eeate to dwe «I MSSI.4S a kg TirMW IMMMtI te^lltteiiMS Oi Ml teateie My toeAlm Mtrikitlii to Ike tell «M itorllif'a weftkaeee antut the rteffll wild lei to ft Mrrewer EL ileeeMl 111
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    • 260 6 SINGAPORE The market closed higher yesterday with September One RSS buyers quoted at 164.00 cents a kg, op 2.50 cents from Tuesday. The morning session gained L5O cents on some speculative buying following enquiries by the Inro buffer stock manager for RSS One September and October rubber in the
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    • 88 6 (cMtt/kfl, 1-ton 1 8 S 1 OCT 85 (currant month) (forwor* i month) NOON NOON RAS 8in^ars Solan MM SSR 20 135.00 137.00N 136 00 138 00N SSR SO 133.00 135.00N 134.00 136.00N MRELB Bayan S||m Bvyars Sihn SMR CV 177 00 179.00N 178 00 180.00N SMR
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    • 266 6 RAS prices m S cwhAf, FOB a b NOON CLOSE 164.SON 164 00 164.75 151TON 150 00N 149.00N 148.00N I46.00N I45.00N 141.00N 140 00N !iw 164.00 164 00 164.50 150 50 149 50 148.50 147.50 144.50 143 50 139.50 138 50 165TON 164.50 ***** I51.50N 150 SON
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    • 120 6 MALAYSIAN crude palm oil price* closed slightly lower yesterday on late selling after Pakistan again opted for Indonesian origin RBD palm oil at its tender for first half October shipment. Weaker Chicago soyoil futures on Tuesday also weighed on prices. Trading was thin with operators sidelined. Activity was
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    • 112 6 SOYBEAN futures on the Chicago Board of Trade fell further past mid-session on Tuesday to close BVi to IV* US cents a bushel lower. November posted its lowest close for the contract, closing at 15.04 near the end of a seven-cent range. Warm, dry weather in most mid-western soybean
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    • 120 6 WHEAT futures on the Chicago Board of Trade closed mixed on Tuesday, with nearby September up V% US cent and deferreds off I'/« cent. December ended near the bottom of a sixcent range. Sharp price falls in corn and soybeans weighed on wheat values, with the strong US dollar
      120 words
    • 167 6 Yarn (In HK) p*r bote of 400 fc) China corded yor n, cones Bkj* Pho*nix 16'» 2,450 Bm Wwnbt 20"» 2,500 Bkm Phoww 32'* 2,900 BkM Phoanix 4C* 3,330 Cordtd yarn, hon k Bhj* Pho*f*x 21'* 1 2,750 Lomoto yorn, cot Bki* Phoanix 32'» lies 4.100 Biu* Phoanix 4C*
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    • 141 6 Chintit Prodi Exchange CUhn' nm d«Mf p Sap 4 (SS/100 h») Coconut oil Bull FOB Old drum FOB Ntw drum FOB UCO riCM on 8000 9300 97 00 Robutta 20/25% FOB NSW Nutmeg 110 FOB NSW E1W FOB NSW Gombier FOB NSW 440.00 479.00 335.00 ***** Copro Mixed
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    • 246 6 Singapore c-iw unq (S$/Uo, n |i4owi) Loonzoin Rico Frogront now crop >00* M i„ 0.80 '0°* 2nd grade 215 2nd 0 58 100% 3rd grade unq 0 56 Porboilod Rico New Crop 5% 215 ?ol £23 Thoi Brokon Moizo um A-super 0.54 Special 0.52 HOftQKOnj Thoi Rico 55% no
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    • 830 6 COFFEE Robusta futures shook off their early depression on Tuesday to post gains of £37 to £6 a tonne from Monday night's close as sterling continued to (all against the US dollar and on active arbitrage trading. The market was in die doldrums (or much of the morning
      830 words
  • Page 6 Advertisements
    • 184 6 Info Singapore Computa'Bs 3-6 September World Trade Centre, Hall 3. Positively the last word on computers and information management in Singapore,this year! Info Compute '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 what
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  • Page 7 Advertisements
    • 505 7 Action Station '♦ti ft i t in mWHMi fWfmnvrt If It 9 %n iff) "HimtfUM! t fititMmtnt «4» |ffV9«t9«tf|»» fPVH df I ft ff ?9iw*f*n itwHtmrw '••••wmnn "fMmiittn ffft««fmiH9i Ulim'lttl* WW ft 11 vn. ftfffff *fttM Iff ff?fft9VV*l *t*V«tt«ff9f urivfttvvf*!' fit tt ftftmvtvfttv in »t*r?*r HWFmHH t9«!'»9»l9f< fni|tfYin«fr t tiHtffimt
      505 words

  • FEATURES
    • 493 8 SOMETHING UNDESIRABLE is happening to Singapore. We are sinking into a pessimism so pervasive that we run the risk of it becoming a self-fulfilling prophecy. It would be foolish to ignore the reality of the current economic downturn and the prospect of negative growth for the
      493 words
    • 1391 8  -  Diamond-making companies have desisted from developing a cheap process for making high-quality gems because of fear of flooding and thereby destroying the market, say diamond experts. MALCOLM BROWNE reports. MALCOLM BROWNE NYT DIAMONDS, whose glitter can kindle the worst and best of human passions and
      NYT  -  1,391 words
    • 484 8  -  By RALPH HARRIS Reuter SHARP CLASHES between the White House and the press on matters ranging from President Reagan's health to his world views have shown there is plenty of heat these days in the age-old combative relationship between US presidential spokesmen and
      Reuter  -  484 words
  • Page 8 Advertisements
    • 97 8 PDQ zrroe. in on (he 2-thour global Fore* market. with rales from hundreds of contributors Broker spot and forward rates are available at the touch of a button GOVT BOND 13.250 05/14 100.10M2 r Currency Futures are transmitted directlv from the IMM PDQ wiil keep vou in close PDQ offers
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  • Page 8 Miscellaneous
    • 658 8 TOinrcMjaa CRYPTIC PUZZLE ACROSS 1 It's much pointed out m the desert (6) 7 Consider hon dc combot? (5. 3) 8 Turner, perhops (4) 10 Usuotly canny batsman (6) 11 Jumped at the pnce telephoned (6) 14 We all do so in stages (3) 16 She has crazy ideas (5)
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  • SPORTS
    • 499 9  -  Equestrians to keep flag flying in Seoul showjumping event By BRIAN MILLER SOUTH EAST ASIA Games gold medal winners Peter Abisheganaden and Wilfred Peh have been selected, together with Asad Jumabhoy and James Ng, to represent Singapore in the inaugural Asian showjumping championships to be held
      499 words
    • 586 9  -  By WALTON MORAIS THERE SHOULD BE legislation to ensure that the treatment of sports injuries is carried out by qualified personnel, a leading British physiotherapist says. Mrs Rose Macdonald told BT that the fitness boom and the resultant increase in sports injuries had seen private
      586 words
    • 486 9 r US Open Tennis Championships j UPI JIMMY CONNORS and Chris Evert Lloyd achieved two more milestones on Tuesday while scoring impressive victories at the US Open. The pair, whose playing careers and private lives have intertwined during the last two decades, have already
      UPI  -  486 words
    • 433 9 Reuter AFTER 1,064 match victories, 16 Grand Slam singles titles and more than US$6 million in earnings, how does Chris Evert Lloyd keep the competitive fires burning? "The motivating force is that I know that one morning I'm going to wake up and it's going to take
      Reuter  -  433 words
    • 84 9 UPI THE KANSAS CITY ROYALS, in need of outfield help following the loss of Willie Wilson, has signed free agent Omar Moreno for the rest of the season. Wilson was expected to miss two to three weeks' play following surgery on Monday. Moreno, 32, was released
      UPI  -  84 words
  • Page 9 Advertisements
    • 90 9 BT is not all hard core business and financial news. We take "Time-Off" and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for the well-informed professional. Commmentaries by our staff and national personalities grace these
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  • Page 9 Miscellaneous
    • 1163 9 m Mi) mm THURSDAY FEATURE SPECIAL Paradise, Hawaiian Styla, 9.50 pm, Channal 5 Elvis Presley haunts TV screens again tonight as an airline pilot who returns to Hawaii and starts a helicopter chartering service. The plot is basically an excuse to put together his old songs. WV X\ T Elvis
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  • INTERNATIONAL STOCKS
    • 339 10 AFP THE STAKES have been raised to nearly US$9OO million by Hanson Trust PLC in the bidding war (or SCM Corp. Analysts predicted that the price could go even higher as SCM's management seeks to block a takeover by the British conglomerate. Hanson
      AFP  -  339 words
    • 112 10 NYT SCOTT PAPER Co has purchased the 24.9 per cent of its common stock that Brascan Ltd had accumulated. A Scott spokesman valued the deal at $578 million to $590 million. Scott, based outside Philadelphia, said it had bought about 12 million shares for
      NYT  -  112 words
    • 42 10 Reuter COMPANIES owned or controlled by Carl Icahn have told the Securities and Exchange Commission that they have increased their stake in TWA Inc to 18,268,869 shares, or 52.52 per cent of the total outstanding shares of common stock. Reuter
      Reuter  -  42 words
    • 335 10 Reuter SHARE PRICES skidded lower on Tuesday in lacklustre trading as cautious investors on Wall Street awaited some sign of an upturn in economic activity. The Dow Jones Industrial Average shed 4.82 to 1329.19. Declines led advances by 1,084 to 499. The volume on
      Reuter  -  335 words
    • 126 10 SI* 03 c$ knp Oi 53* 19* mch 21 Int Prov Pipe Int Ufi 41* 38* 17* unch 21* unch 15* 21W 21* Bonk Mont Bar* Novo Scotia 30* 13* MoiMy F«rg Mc Bkxtt 3* 20* unch 43* 18* BP Can Ltd 33* 32 Moor# Cp 25* Can Imp
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    • 238 10 sice SO OS 1525 M0UST1MLS MM MGS A Afcho Abarcom AE And C3 •00 165 760 unch unch unch 295 25 unch 5 Anglo* Angtvool 3000 ***** 1350 50 unch LTvrh Amaprop AMtC C G Sm*h CM A 2720 1170 2300 230 Bffioont Chart* Can* Gold Cam Murch 7250
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    • 639 10 MP 03 US$ Atcan AJurrwi Alcoa 28* 35* Lud MM Own Cp AOod Storti Afc-Chafcnon Am Brandt tnc Am Broodcatt Am Can Co Am Cranarmd Am Bk Pw Am Expraw Am Horn* Prod Am Motot* Cp 21* 41* 56* 4* S»* 115* SB* 54* 21* 41 SB* 3
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    • 833 10 Amsterdam SO OS Ml AW Anon Ahotd 512.00 -2-5 100.00 -0.2 ***** 40.4 Akxe I26S0 +0 2 AMEV Aiwt» 297.10 1.0 MOD -71 Baikal 4170 -2 Both 397 00 2 Boakab Blt Tat 103 60 -0 9 Oriand Otf»a ***** +9 Da* M| Bmvmt i F* Fokkar Gamma
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    • 45 10 Reuter CBS INC is offering a onetime early retirement opportunity to about 2,000 eligible employees. In a memorandum to employees, CBS said that it was "in the proceas of examining ways in which we can streamline our operations". Reuter Stockholm prtcot www unavailable.
      Reuter  -  45 words
  • Page 10 Advertisements
    • 540 10 5& 421 H m Wmm to wlm, Mm mstii mtertaia sr Cf ce Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. special business lunch at $16 +f each and $20++ each (min. 2 persons). Over 50 a la carte specialities
      540 words
    • 107 10 rm s sf s 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 PI Soul from the Philippines. They'll captivate you! Happy Hours: spm 7pm. 50°fo off all drinks (pouring brands). CROWTI OFH&CE HOTEL
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  • ASIAN STOCKS
    • 329 11 HONGKONG: Share prices closed lower yesterday for the third consecutive day with the market overshadowed by concerns about higher interest rates. Brokers said bargain hunting lifted prices initially but the advance faltered and the Hang Seng Index ended 7.68 points lower to 1578.54. The index has lost more than
      329 words
    • 203 11 sir 04 A1 Sncm Mui KT I 3 31 18.60 0 15 Uan Hwo InA* Nan Yo Pto* Paahc Com Pacific Elact 10 25 2320 13 90 +0.05 +03 +02 Cothoy Com 21 80 44 SO ■0.1 Wira 12.40 106 0 05 005 Chan Loona 15 00 005 1300
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    • 355 11 TOKYO: Share prices slid in moderate trading, driving the market average briefly below the ***** level in early afternoon trading. The average plunged 101.49 points to *****.47 after losing 95.68 on Tuesday. Turnover totalled 310 million shares against 370 million on Tuesday. Internationally popular electronics fell on Wall Street's
      355 words
    • 105 11 MANILA: Share prices closed mixed in quiet trading. The Commercial and Industial Index rose by 2.03 to 144.81, and the Oils marker dipped by 0.019 to 0.784. The Mines Index was steady at 659.03. SEP 04 NM Onantal B PM«> B ..0 014 0.1250 unch ***** Picop B pldt
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    • 378 11 SYDNEY: Australian share markets closed easier yesterday but dealers said losses were not as great as expected from strong negative signals locally and offshore. They noted lower prices for commodities, higher Australian interest rates, currency uncertainty, weakness on Wall Street and investor hesitance ahead of this month's tax package.
      378 words
    • 70 11 SfP 04 WM 675 -10 Hywvte Contt t fc 4 n# nr r»y\jnOO« WWOf KAL. 900 903 426 widt +9 IVKh 654 720 •10 +1 Yukong •ittW -12 471 409 -14 474 Lucky Ltd 610 640 .7 700 unch VM •4 +6 4 820 7 GoAd Stor 605 1135
      70 words
    • 128 11 BANGKOK: Prices closed mixed in sluggish trading. The Book Club Index improved by 0.02 point to 135.13. Declines led advances by a small margin. Turnover totalled 76,603 shares worth 13.3 million baht. 77.50 1 Aokham Thai Alio Fin Ayuthoyo few. And Trust Agro4nd B 1 OOnyPiOH pOfK nm—■ Bar*
      128 words
    • 55 11 Reuter PT BRITISH American Tobacco (BAT) Indonesia plans to reduce its workforce to streamline its operations. Company sources said that 360 of its 1,990 management staff and workers had accepted BAT's offer for early retirement. BAT's sales volume fell by 14 per cent in the first
      Reuter  -  55 words
    • 346 11 Reuter THE ASSET PRESERVER of Sanko Steamship Co has met three of the nine Japanese trading houses which financed the building of more than 100 ships operated by Sanko to discuss the troubled shipping company's future. A Marubeni Corp official said the three houses, Marubeni,
      Reuter  -  346 words
    • 186 11 FT ROLLS ROYCE OF the UK has lost a vital $40 million Malaysian aircraft engine order to Pratt and Whitney of the US after the Malaysian government overrode an agreement between the engine manufacturer and its own national airline. The
      FT  -  186 words
    • 61 11 Reuter TRAFALGAR Housing has received its lenders' consent to an extension of its debt moratorium for a further year from Sep 1. The extension would enable the company to complete its asaet disposal plan and further reorganise its financial affairs. Further details will come out in November
      Reuter  -  61 words
  • Page 11 Advertisements
    • 488 11 WSiere to wiae, dixe «a«i gaiertaig i; )r.P For deHghtfmdinners with popular focal flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going. Buffet Dinner is at Ssl4.oo++ per person. The Luna Coffee House. We've got a
      488 words
    • 163 11 A prominent food critic gave The Noodle Shop top rating for quality and value for money. FAR EAST PLAZA 14. Scotts Rd., #02-43 Tel: 732-4666 OOLOMLL PLAZA 101. Thomson Rd., #81-09 Tel: 250-7991 FOOD ALLEY 16. Murray Street Tel: 222-6385 #011-77 West Wing Arrival Had Tel: 542-2288 49. Robinson Rd
      163 words

  • BANKING AND FINANCE
    • 461 12 FT THE PHILIPPINES will have to renegotiate budgetary targets agreed with the International Monetary Fund "if it is to avoid real damage to the economy," Prime Minister Cesar Virata said in London on Tuesday. The insistence of the IMF that the Philippines restrict
      FT  -  461 words
    • 361 12 Reuter CANADA'S Minister of State for Finance, Barbara McDougall, has said that the government's plan to reimburse uninsured depositors of the failed Canadian Commercial Bank could cost up to Cs43o million. In addition, Canada Deposit Insurance Corp will be responsi-
      Reuter  -  361 words
    • 104 12 Reuter THE ROYAL Canadian Mint has begun formal marketing of its Maple Leaf gold coins in Hongkong, but a mint official denied the move was aimed at taking advantage of South Africa's political problems to wrest market share from the Krugerrand. The mint
      Reuter  -  104 words
    • 94 12 Reuter TAIWAN will tighten its screening of new applications by foreign banks to set up branches in the country. A Finance Ministry official said the move is designed to help the 32 foreign banks which have branches in Taiwan to maintain operations by
      Reuter  -  94 words
    • 30 12 AP HONGKONG'S Mass Transit Railway Corp has assigned Morgan Guaranty, Chase Manhattan Asia and the Hongkong Bank group to arrange an "exchangeable" fixed rate 10-year bond issue. AP
      AP  -  30 words
    • 423 12 Bernama, Reuter THE GOVERNOR of Bank of Japan, Satoshi Sumita, yesterday said the latest rally of the US dollar would not mean a change in the basic yen-dollar trend in favour of the yen. He was commenting on the appreciation of
      Bernama,; Reuter  -  423 words
  • MONEY AND EXCHANGES
    • 720 12 SINGAPORE The US dollar closed narrowly mixed against most major currencies yesterday after fluctuating on short-covering and profit-taking, in thin late trading. The dollar finished weaker at 2.8590/8600 marks compared with New York's 2.8640/55 close, slightly higher at 239.90/240.00 yen against 239.75/85 but unchanged at 2.3595/3610 Swiss francs.
      720 words
    • Article, Illustration
      311 12 Asian market ASIAN dollar deposit rates closed steady yesterday at opening levels in quiet trading. News of a 1.2 per cent rise in US July construction spending had little impact on the market. Short-dates firmed between Vk and V* point at the start due to a higher US federal funds
      311 words
    • 127 12 THE OVERNIGHT rate on the Singapore interbank money market fell by three points from Tuesday to finish at 6V2 per cent yesterday. The one and two-month term rates rose by Vb point each while the three-month rate rose by 1/16 point. S$ Interbank rates at 3pm yesterday: cm»f
      127 words
    • 216 12 Interbank rotes at 3pm yesterday: CwrniictM Nominal ratM SmMMOMiaa ■M ONor o rooo parity OlMfO Local dollars to ONO MIMt of foreign currency: US dolor Sterling pound A us tr atari dolor NZ dolor rmurAiw flftlftr Lonooon oonor 2 2670 ***** 1.5574 1.2128 1 6535 2.2680 3.0980 1
      216 words
    • 318 12 EURODOLLAR futures opened higher on short-cov-ering yesterday but then remained quiet. The December contract eased to 91.51 after the opening at 91.53. Near-term support was at 91.40 and resistance at 91.56 in the December ««tract. After opening sharply lower due to the resurgence of the dollar, currency futures traded
      318 words
    • 197 12 HONGKONG: Prices closed weaker in fairly active and nervous trading yesterday. The metal ended at U*****.90/324.30 an ounce compared with New York's (324.20/90 close and the $332.80/333.20 finish here on Tuesday. On the local market, gold lost HK$79 to close at $3,021 a tael. Krugerrand fell $65 to $2,585,
      197 words
  • Page 12 Advertisements
    • 189 12 eport m Km On September 19, Business Times features a major report on integrated office automation. In this incisive survey, Business Times provides the answer to greater office efficiency and productivity. Planned Office Explaining kev concepts and latest developments in the planned office, our comprehensive editorial coverage includes: Automation in
      189 words

  • SHARE INFORMATION
    • 4261 13 WITH NO FRESH FACTORS to disturb the lethargy, trading on the Singapore stock market yesterday remained quiet all day. There was some selective buying interest among certain Malaysian speculative counters but otherwise the market was mixed. At the close, the Straits Times Industrial
      4,261 words
    • 213 13 SINGAPORE Rises M F HM. SOt 295 Kiaa too 90( 248 FttS 250 *Mk HM 330 HK Tin Corp SOt 221 Homdna 50« 171 Smtmm Cm 171 P>rO«et 50< 60 O C 8 C 810 Falls MTF 350 Sri H.rt— 211 srN 550 Smm Lmi 202 (MMTmc
      213 words
    • 3492 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'.
      3,492 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 949 14  -  By LORETTA McLAUGHLAN STOCK MARKET investors will recognise August as the month that wasn't rather than the month that was. That's unusual. In recent years, August has more often than not provided more than its fair share of excitement. In 1981, for
      949 words
    • 550 14  -  By AMY CHEOK THE ENTRY OF Mr Nik Mohamad Din as the new bumiputra shareholder in Duff Development has set the stage for some exciting developments in the plantation company. An announcement to the Stock Exchange of Singapore yesterday confirmed a BT report that
      550 words
    • 475 14 Bernama UNITED MALACCA Rubber Estates Bhd has come a long way since its incorporation in 1910 with a paid-up capital of M 5315,000 and rubber estates totalling 188.6 hectares. The plantation group, which is celebrating its 75th anniversary this year, now boasts
      Bernama  -  475 words
    • 522 14 AFTER a two-day weak spell, share prices rebounded on a broad front in active trading on the Kuala Lumpur stock market yesterday. Bargain hunters moved in strongly from mid-morn-ing and special situation stocks in the industrial and finance sectors which were actively traded sewed dou-ble-digit
      522 words
    • 2477 14 BED 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. VOUS TRIALS AMD (3.866 3 88S) (3) 3.72 (14)
      2,477 words
    • 250 14 Monogers' prices MARA-Bumiputra for Sep 5 First B'putro 4 96 5 01 Singapore Unit Trust Second B'putro Third B'putro Fourth B'putro Fifth B'putro Sixth B'putro Seventh B'putro CA) Seventh B'putro (B) Eighth B'putro (B) Ninth B'putro Tenth B'putro 4 55 4 60 3 74 379 The Commerce 1.63
      250 words
    • 109 14 HONGKONG Tuesday '372.3 Week ago 1378.0 Hong Seng Index Wednesday 1578 54 Tuesday 1586.22 NEW YORK Week ago 1668.85 Dow Jones Tuesday 1334 CM Friday 334 J1 Week ago 13Z2.4/ TOKYO Tokyo Dow Jones Wednesday *****.47 Tuesday *****.96 Standard Poors Tuesday 87.91 Fndoy ill to Week ago 188.
      109 words
    • 759 15 wm m By HOCK LOCK SIEW THE HIGHER MBf Holdings' share price soars, the shorter the odds that Datuk Loy Hean Heong and company will launch a second bid for Emtex. On Monday, out of the blue, MBf Holdings shot up 37 cents.
      By HOCK LOCK SIEW  -  759 words
    • 334 15  -  By CHAN OI CHEE HOTEL TYCOON Mr Khoo Teck Puat has become a substantial shareholder of the Development Bank of Singapore Ltd, with a 5.3 per cent stake, following the latest purchase of 1.41 million shares in the company. Goodwood Hotels Corp
      334 words
    • 332 15 HOTEL NEGARA LTD, a member of the Overseas Union Bank stable, disclosed that it had written off its investment in the ill-fated newspaper company, The Singapore Monitor Ltd. This threw up an extraordinary loss of $413,000 and, as a result, the
      332 words
    • 178 15 CYCLE CARRIAGE LTD informed the Stock Exchange of Singaporeon on Tuesday that the Kuwait Investment Office has purchased 500,000 shares of Cycle Carriage for a total consideration of $1.65 million. After this purchase, KIO owns 23,203,842 shares or 18.6 per cent of the paid-up capital. PAN MALAYSIA RUBBER
      178 words
    • 619 15  -  Changes also at Alliance Securities By HOMER CHEN GROWTH INDUSTRIAL Holdings Ltd is taking a 25 per cent stake in stockbroking company Associated Asian Securities (AAS). In another similar development, a substantial stake in another company, Alliance Securities, is changing hands. GIH
      619 words
    • 513 15  -  By NAJEEB JARHOM BOTH INNOVEST Bhd and its soon-to-be-acquired subsidiary, Kentucky Fried Chicken (S) Ltd, are currently involved in law suits, according to a circular dated yesterday from Innovest to its shareholders on the proposed takeover of the fast-food operator. The Malaysian-based engineering group is
      513 words
    • 252 15 GENERAL CORP BHD has decided to withdraw for the time being its application to float its construction arm Low Keng Huat Bhd so that the company's shares can qualify for trading on settlement and de-layed-one-month bases. Since last November's announcement that
      252 words
    • LATEST RESULTS
    • 859 15 SHARE PRICES closed mostly easier yesterday after a quiet session with attention focused on special situations and companies reporting results. At 3.30pm, the FTSE 100 was down nine points at 1,326.5. In insurances, Guardian Royal Exchange slumped 43p to 688 after disappointing interim results which also affected the
      859 words
  • Page 14 Advertisements
    • 285 14 NOTICES la the matter «f The Campaales Act Cap. 185 aai In the matter ot MUTUAL GROWTH BHIPPING PRIVATE UNITED (Members' Velaatary WtodtogUp) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 47 Hill Street #05-01, Chinese Chamber of Commerce Industry Building, Singapore 0617 on
      285 words
    • 213 14 NOTICE IN TUB MATTES OF THE COMPANIES ACT (CHAPTER ltt) IN THE MATTER OP TRAFALGAR PRIVATE LIMITED (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, (Chapter 185), that the Pinal General Meeting of the Members of the abovenamed Company will be held at
      213 words

  • Page 15 Advertisements
    • 279 15 HE AS!AS WML STREET JOIRNM VVhat S NeWS 1 Jrpirtrrr $e*k Philippine Pe«© Shows Curiou* Mrrtiyth i I> i» tUtd Via F«r#«r» M> f#wiir» <« ;A» IkA*»uww«m<y<Mii>i j v ,U V Vw"'" -s«v liiniiwi>->wn»r» i—«»»>> i. We've got to hand it to Singapore's executives. Succcssful executives who want to get
      279 words

  • 513 16  -  By ALVIN TAY,AMY BALAN SINGAPORE'S sluggish loan markets have been enlivened by a $165-million three-tranche financial package to be put together by the Overseas Union Bank to finance the construction of OUB Centre Asia's tallest building. The Republic's local banks, most of
    513 words
  • 158 16 UPI THE INSURANCE COMPANY that owns the hull of the Titanic is ready to listen to schemes to salvage the 45,000-tonne luxury liner but one survivor said in London she wants it left at the bottom of the North Atlantic. Reacting to news
    UPI  -  158 words
  • 613 16  -  Companies would rather lower increment rates By FOO CHOY PENG,CHUANG PECK MING THE TACTIC of cutting wage bills by lowering starting salaries of junior workers has not yet been widely implemented. Employers are more interested in lowering the annual increment rates in new
    613 words
  • 417 16 ANOTHER YEAR without pay increases could be facing the management staff of the Sembawang Shipyard group if there is no improvement in business. "The need to remain competitive has become more urgent," group chief executive C N Watson said in the group's latest
    417 words
  • 234 16 Reuter THE SOUTH AFRICAN rand dropped sharply in early trading in Johannesburg yesterday but later staged a partial recovery as a two-day mine workers' strike collapsed. The battered currency lost nearly five US cents in early trading to touch a low
    Reuter  -  234 words
  • 58 16 AFP A CONTROVERSIAL Buddhist abbot is under investigation by the Thai government for his role in an illegal investment scheme in which participants face the loss of about US$22 million in savings. The Education Ministry had instructed the Religious Affairs Department to investigate the venerable Kitti Wuttho,
    AFP  -  58 words
  • 192 16 AP PHILIPPINE First Lady Imelda Marcos, who topped a recent poll rating the performance of national leaders, said yesterday she sees her popularity as "reflected glory" of her husband, President Ferdinand Marcos. In the survey by a churchbusinessman's group, 50 per cent of 2,000 respondents said
    AP  -  192 words
  • 165 16 Reuter BOLIVIAN WORKERS began a 48-hour general strike yesterday in protest against a new government economic package and said they would make it indefinite if the government attempted to repress the protest. President Victor Paz Estenssoro, who took office on Aug 6, introduced the austerity
    Reuter  -  165 words
  • 94 16 Reuter COMEX GOLD FUTURES gained up to US$2.2O an ounce on European buying yesterday morning following a weak US dollar. The market deflected selling from managed fund accounts. Gold for December delivery rose $2.20 to $328.80 an ounce from a low erf $327.50. Comex silver futures
    Reuter  -  94 words
  • 64 16 THE NEW YORK stock market was mixed in early trading yesterday, with little news to stimulate enthusiasm after the August slump. The Dow Jones Industrial Average was up a fraction to 1329. Declines led advances by a six-five margin on a turnover of 8.35 million shares. Data
    64 words
  • LATE FILE
    • 46 16 Reuter CHINA is expanding its navy to counter rivalry between the two superpowers in the Pacific Ocean. Chinese naval commander. Admiral Liu Huaqing, said the navy was being expanded and naval personnel specially trained "to take account of the new situation". Reuter
      Reuter  -  46 words
    • 67 16 Reuter THE JAPANESE Transport Ministry yesterday asked Japan Air Lines (JAL) to improve its aircraft maintenance procedures and management to prevent accidents such as the crash last month that killed 520 people. The recommendations, handed to JAL president Yasumoto Takagi by Transport Minister
      Reuter  -  67 words
    • 36 16 UPI EIGHT SOLDIERS were killed in Sri Lanka yesterday by land-mines v believed placed by Tamil separatists and there were unconfirmed reports of shooting and burning in the town of Trincomalee. UPI
      UPI  -  36 words
    • 40 16 AFP ANGOLAN PRESIDENT Jose Eduardo Dos Santos opened the Non-Aligned Ministerial Conference in Luanda yesterday and urged the movement to press for "mandatary economic sanctions" against South Africa. He accused Washington of connivance with Pretoria.
      AFP  -  40 words
    • 38 16 AP AFFIDAVITS by US Air Force personnel on events possibly linked to the Benigno Aquino assassination are hearsay and legally worthless unless the men testify in the assassination trial, the presiding judge indicated yesterday. AP
      AP  -  38 words
  • Page 16 Advertisements
    • 7 16 Black minar» call off »trika, Paga 5
      7 words
    • 163 16 POU WSTW! "So delicious" in Greek best describes The Belvedere s Greek buffet luncheon, now till September 27, 1985. It's the most inviting spread of traditional, exotic Greek favourites this side of Athens. There's red snapper with Tahini sauce, cuttlefish with spinach and cold steamed mussels, plus an abundance of
      163 words
  • Page 16 Miscellaneous
    • 57 16 moiMii Outlook for today: Fair except for showers over a few areas in the afternoon. Report for 24 hours prior to 7.30pm on Sep 4 at the airport: Maximum temperature 31.5 Associated humidity 62 Minimum temperature 22.8 Associated humidity 96 Hours of sunshine 8.70 Rainfall in millimetres nil Rainfall this
      57 words

  • SHIPPING TIMES
    • 137 17 THE AUSTRALIA to Europe Shipping Conference will lower its currency adjustment factor (CAF) to 3.43 per cent from 19.53 per cent, effective Oct 1. A conference spokesman said the 3.43 per cent CAF will apply to a new freight rate schedule also due to come into effect
      137 words
    • 332 17  -  By LINDA CHEE THE TRADE Development Board is laying the groundwork for full computerisation of import and export declaration. From Dec 1, all forwarders, traders and cargo agents will have to use new computerised forms to declare air and sea cargo. This will bring
      332 words
    • 229 17 UNITED STATES Lines has formally reapplied for permission from the US authorities to start its round-the-world service. US Lines was ordered to renew its application by a Federal Court which ruled that the US Maritime Administration (MarAd) was wrong in refusing to
      229 words
    • 169 17 AFP JAPAN HOPES to sign a deal with the United States and Panama covering a* preliminary study for a second Panama Canal this month, said Japanese foreign ministry officials. The agreement could be signed in New York when Foreign Minister Shintaro Abe meets US
      AFP  -  169 words
    • PORTSIDES
      • 105 17 Reuter NAVIGATION IN Bombay harbour was suspended for the night of Sept 2 after the motor vessel Maersk Rando hit a submerged wreck while coming into harbour on Monday morning, Lloyds quoted the harbour-master as saying. But it said the movement of ships in harbour and docks in
        Reuter  -  105 words
      • 105 17 Reuter THE JUSTICE department's antitrust division of US said it has no objection to a proposal by the Wine and Spirits Shippers Association to negotiate service contracts and other volume discount freight rates for its members. The proposal, which involves ocean transportation of beverages from foreign nations
        Reuter  -  105 words
    • 401 18 AP A BRONZE AGE trading vessel shipwrecked off Turkey's southern coast around 3,400 years ago carried a precious cargo ranging from metal ingots and ivory to pottery flasks that may have held laxatives, its excavator said Sunday. "Someone suffered a very serious loss
      AP  -  401 words
    • 939 18 ARGENTINA Aug 27 Buenos Aires No delays. 37 vessels berthed. Rosario 7 vessels berthed, 2 anchored awaiting. San Lorenzo 1-2 days. 2 vessels berthed, 1 anchored awaiting. San Nicolas 10-14 days. 2 vessels berthed, 3 anchored awaiting. Bahia Blanca 7 days. 7 vessels berthed, 2 anchored awaiting. AUSTRALIA
      939 words
    • 129 18 AFP OIL TANKERS are still being chartered to load at Iran's Kharg Island in spite of Iraq's many recent attacks on the terminal, the Baltic Exchange said. Although some operators are keeping their contracts with this port secret for security reasons, it was learned that
      AFP  -  129 words
    • 702 18 AB Shpg V 5 Afeo Line VI 3 A PC Line V 4 APL III 2/3 Anro Service IV 3/4 ANIL 1 1 ASCL 1 Bolt-Canada Line VI 4/5 Bait-Orient Line VI 4/5 Bank Line V 5 B8S H 4/5 Ben Lme Cont V 3 Ben Ocean
      702 words
    • 1341 18 INDIAN charterers provided most of the interest on Tuesday on the London shipping freights market. The market was quiet by lack of detailed US business after Monday's Labour Day holiday and rates showed no appreciable change in any sector. Indian operators repeated the last paid figure of U5412.25
      1,341 words
    • 191 19 Seatrade Week THE SOVIET Register of Shipping currently lists a total of 7,525 vessels with a dead-weight of 26,720,244 tonnes, said the Novosti Press Agency. Of this total, 2,774 ships are controlled by the Soviet Merchant Marine, 3,818 by the Ministry of Fisheries and 933
      Seatrade Week  -  191 words
    • 481 19 Lloyd's List AN ADVANCE in operating profit of 48 per cent was unveiled by major Norwegian shipping group Leif Hoegh Co A/S, for the firsthalf of 1965. Operating profit jumped to Kr4o3 million (US$49 million) from Kr272 million in the corresponding period
      Lloyd's List  -  481 words
    • 107 19 A COMPUTER-CONTROLLED A 54.7 million shiphandling simulator is the latest and most expensive piece of equipment for the Australian Maritime College in Launceston, in the north of Australia's island state, Tasmania. The simulator will be a major training tool for seafarers and marine pilots. Opened
      107 words
    • 210 19 B#pt 15-19 74th annual convention of the American association of Port Authorities, Portland, Oregon. Bopt 16-19 Cadmo 86, international conference on computer aided design, manufacture and operation in the marine and offshore industries, Washington, DC. Oct 8-10 Offshore computers conference and exhibition, Aberdeen Exhibition and Conference Centre, Aberdeen.
      210 words
    • 185 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Golf, 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 shinning AMRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      185 words
    • 78 19 IRANIAN ISLAMIC Republic Shipping Line has added two new container ships to its fleet. The vessels, with a total carrying capacity of 42,500 tons, are each equipped with four 25-ton cranes and five storage compartments for the transport of crops and other commodities. The ships are
      78 words
    • 5905 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.
      5,905 words
    • 664 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrivol date/time Operator Godws for LCL cargo FCL movement schedule Location Thana Bhum Keum Glory Tanah Air K Gavrilov Y Bondarenko Ming Energy B Melati Prasetia Tanghe Kris Lemona Anro Asia Uni Handsome Qinghe Cardigan Bay Johore Br
      664 words
    • 1627 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 A tea Line African Shpg Agencies (S) Ahrenliiel Liner Kmn Shpg (S) Alfred C Toepfer Oceanus Sh«ppingAgenoes (S) Multiport Sdn Bhd (PK)
      1,627 words
    • 518 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 05.9.85/2300 Keizersgracht K27 Or Lloyd alongside Straits Hope K24E SSPL alongside 05.9.85/2300 Straits Star K25W SSPL alongside 05.9.85/2300 Argonaftis K16 Borneo 05.9.85/1000 07.9.85/0600 Al Raouf Kll Sinose 05.9.85/1400 07.9.85/1800 Barber Tampa K9 Barber 05.9.85/1700 07.9.85/0500 Ned Napier
      518 words
  • Page 17 Advertisements
    • 634 17 =^{&&{/_(%)?=/<{{<%(%=.%[)_*>.! Orient Overseas CwdaUtex Line JMOM 3MPPMG AGENCES (Roj No. *****4/00R) 70 SAcnlon Way #04-03 Minn* Hone Iwmwn 0207 TO *****11 Ida NO RS ***** CFS OffCE IPC #03 029 TO *****31 2220*3} luminal OtVt IPC #***** l€l 2222M0/*****93/*****01 MITAN MRDOC SWTMS MENCCS SON. M. PETALMG MYA Tel 78S 780/7»
      634 words
    • 67 17 mm A BRONZE AGE trading vessel shipwrecked off Turkey's southern coast around 3 400 years ago carried a precious cargo. Page II AN ADVANCE in operating profit of 48 per cent was unveiled by major Norwegian shipping group Leif Hoegh Co A/S. Page 111 Index to advertisers II Weather map
      67 words
    • 1275 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. *r MAERSK LINE STILL THE FASTEST TO U.S. WESI COAST SINGAPORE/LONG BEACH 18 DAYS •Jiang Penang V voy s por. EXPORT TO USA. EUROPE.
      1,275 words

  • Page 18 Advertisements
    • 495 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Fndtr at Tokyo Mkn VS. U/LB OAK 1 APOLLO 5/10 »/10 YAMASHN M 12/10 15/10 YAMASHN M 12/10 15/10 ZEELAMXA 15/10 22/10 Pacific North Woat Foodor at Kobo Mettat VSL SEAT VCR HYUGA 5/10 10/10 I. ALLIANCE It/10 17/10 RJL MBS 22/10 23/10 TOKYO a
      495 words
    • 239 18 Il Supercarrier Service 11-''"B H ROC*sia BMHI TOM 19/10 21/1* 9/11 11/11 9/11 U/U 29/11 1/12 29/11 1/12 KXI ARSWAISN ROCHESTER 6/9. BARBER TAMPA 6/9. N ROTTEROAM 26/9 BARBER TtXAS 26/9. N ROUEN 16/10 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA lt/ll 22/11 24/10 26/10 20/10 6/11 7/11
      239 words

  • Page 19 Advertisements
    • 680 19 WFm MM gill The Straits Steamship Group Mansfield Container W Shipping Pte Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COMTMOSW SEWWCE TO/EROM BANGKOK store no PEGASUS not V»JN 9M7 Sep PEGASUS mx V394A 19-11 Sep u-M Sep BANGKOK BORNEO AGENCIES LTD BANGKOK TEL: *****80 SMaMK TO
      680 words
    • 561 19 Franco Bc/y/dn Services t tt.'"ir.ii rrOK fJELMBIt ttam t taa raw Nm fflmn M hon9 one comma m (2W)?u* »w» »15 J£| OKOTN. OB 11 S* S*)* S* lOd 3Od 5 Oct tOd I Ort KOKJW MCt M II hp (1$ S*) 7Od lOd II Od 12 Od 13 Od
      561 words

  • Page 20 Advertisements
    • 542 20 Hapag-Lloyd !0 CONTINENT UK EXPORTS I Sptrt P K<ta«|| S'tn HTwrj B*hatt» Ma*i I* FfD*twt Eiprtu 112/9 14/9 I 1/11 3/11 9/19 8/10 1/19 •b) 11/9 29/9 1/19 19/19 12/19 13/19 15/10 n Mara 25/9 27/9 15/19 17/19 19/19 29/19 22/19 4/19 t/19 23/19 25/19 27/19 29/19 39/19 13/19 15/19
      542 words
    • 166 20 M S LINE M0»(* im-00 %t Q»*r>*S '.if*. *Xu<». FULLY CONTAINERISED SERVICE TO fUROtt VIA SUEZ 1 ComartMn r" FROM fUROPt Vl* SK7 1 A Memon ot thr Ac< Comortum MERCATOR 3tt SEVEN SEAS NUKE 51E CtCVAIDI PAUL 45£ FULIT CONTAIffRISfD TO TROW NORTH AMERICA KTST cUAiI CONVENTIONAL SERVICE TO
      166 words
    • 562 20 Hai Sun Hup Co (Pte) 1 A**-,' TEL *****06 (20 linos) Tl R*****1 Ltd A R*****2 t i:\sti:k\ \K i.im;k. i.m K ll i r \m INTERMARITIME LTD I Uiabalu M *****0 Jakarta T«fc <***** iiM MV SARMA V 64 *J J£l SL nn wu w DON 21/J IW M/i
      562 words
    • 695 20 Q EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) n D K hi mm no Lf*L 1/1 M/l 1/11 VII no GMOOI IV* »/l VU IVII EIO GUAM 22/1 1/1* 13/11 15/11 17/1* Eta GROWTH 29/1 11/11 19/ It 22/19 24/19 no am c/io
      695 words
    • 266 20 HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE Plata* Ln*«tar NMTE ULY 29/9 Swa, Lafeka. Puttee OCEJUM QUEEN 4/10 L*. Orabay, P. Marwfcf, AW*, tamara, Kieta, Raba* KM». Kama* OCEAMA COUMER 26/10 SUN UNION LINE TAIYO MARINE LINE WEST
      266 words

  • Page 21 Advertisements
    • 805 21 MMMHt PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 v\v EAST AFRICA/REDSEA SERVICES LOADING FOB: KMEM, HOOCIOAH. JCDOAH, PTSUOAN. AQABA. TAMATAVC, MAJUNGA, MAPUTO. DURBAN MUKALLA. DJIBOUTI. HOOCIOAH, JCOOAH. AQABA ADEN. HOOCIOAH. JEDOAH. FT. SUDAN, AQABA ADCN, HOOCIOAH, JCDOAH, AQABA DJIBOUTI, HOOCIOAH, JCDOAH FT SUDAN. AQABA
      805 words
    • 825 21 BEN LINE CONTAINERS 11/1* IS/1# 19/10 21/10 27/ M 21/10 HON HAM SHAVEN (MM mm 21/1 21/1 27/1 21/1 30/1 2/11 3/10 5/11 4/10 1/11 7/11 1/10 11/10 11/10 13/1* 11/10 10/10 11/U 11/11 21/10 23/10 24/11 21/10 27/10 21/11 2/11 0/U 1/11 7/11 1/11 7/11 1/11 11/11 12/11 14/11
      825 words
    • 366 21 DJAKARTA LLOYD INDONESIAN NATIONAL L.INF BUSM TOKOHMM KOH KMJMSMK GOW* *23/« 24/1 Wt 29/1 2/« IMMPMT ¥24/10 11/1 14/9 tt/9 20/9 STORE TO JAKARTA/SURABAYA CONTAia 22/11 vn am v? 3 w MAMPWIT (74 WEBT BOUNO STOtf InjM Mm l-MM/IM KMC.' ■mm wnnr oojm pom rrm »a/i 24/ ie 22/ ie
      366 words
    • 603 21 BOUSTEAD SHIPPING AGENCIES Mandatay Vlo* Myomayara VS9RI LasNo V49W Maariamyainf V2SN 29/30 S«p4 Phasharefyaarywa V2SIW 20/22 S«p4 Load** far HKG/ffN BURMA FIVE STAR Mliiil f*; MM. (Burmese National Lint) Loadmg for Ranfoon S'pere PKeianf Pa 7/10 Sept 13/15 Sopt (Malacca) 29/30 Sept 13/11 Sept j® BANK LINE SPORE R'DAM HULL
      603 words

  • Page 22 Advertisements
    • 908 22 K LINE KAWASAKI KISEN KAISHA, LTD.— ECUADOft/PERU/CHILE ram vs. motkr *si swk pklc pw spok kok Guayaquil callao mbca «W< «*cast» sa*to»w vaiparabo oat BUSS *47 EASTERN 2S* 3S* S3* 73* 23 S* 250 c! 2Nw 7 1*" 11 13 swwoub nm CENTRAL AMERICA/CARIBBEAN SEA rem »si norm «i nus
      908 words
    • 548 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Loafe* lot LOS ANKLES SAN FRANCISCO SEATTLE TACO44A VANCOUVER BC Accepting fa /fa Container* P ►'Unf Srfifapwf L A«(lt(S MATEMXT 2R/2I Sept l» Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accepting fa/fa Conl#nns KABMOAS V 24 S/i Sept RAVOAS V2B RAMOAS Vl9 2/3 Oct CHANOOAS
      548 words
    • 547 22 GOLDEN LINE GUM) GUAM SHPPMG (PTE) LTD iMf hwtol M M*| M C«d Unti muem MM m aum ua u«) I* iuuu UHP* kii P. Mw M7%1 XS4N ft* IfO* own HOW (M) SON. M TIL: M 3 STRAITS/PERSIAN GULF SERVICE: Sport P Min*P««nc GOUXN HOMO Co«wMte K««:ki Dolu Ktnwt
      547 words
    • 326 22 INTRASEA (PTE) LTD TO Anson Road »2 7 16 P Smqdpo'P 0?0? Tel 2 24t>5 1 1 1.. nes o BREAKBULK SERVICE TO EUROPE/UK S'part P lorDMMKOS BSMIO SaM ta tat WTT/ANT/UJ (AMR) EVOEXIA *****12 l/S 11/9 ROTT/ANT/11. (A**) vasjus unaus roshm 12/9 oon/Anr/M. (aoon) Far TALE *****13 22/5 SETE/RDTT/ANT/lU.
      326 words

  • Page 23 Advertisements
    • 804 23 \.NOL NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: FCL Cargo LCL Cargo 0400 11/9 1200 10/9 Where PK dates indicated in brackets, cargo to/from PK transhipped via TO AND FROM AUSTRALIA: Also accepting cargo lo Iront Bangkok and f Malaysia Asia S
      804 words
    • 651 23 MCHON BUS Ml 22/1 l/M »/10 17/10 2S/10 t/U 14/11 22/11 n io/» ?o/» 27/1 t/10 It/10 2VIO 2/11 YmH No No 7 Oonjtn SO7N No 1 Donjm SO6N No I Oonwi SO?* No i Dmmi/MTN No 7 Ovum SOW No Ovum SO7N No t Oman MM 1/1 17/S 23/1
      651 words
    • 825 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHWNG 55. Market Street Sincapore 0104 Telephone Number! *****3 (15 Lnes) Cable Address SINSOV SMGAPORE Telex. Numbers RS ***** RS ***** RS 2510S P KELANG KMIB M/S SHARK*! NAM SOON SON BHD. IST AND 2ND FLOOR. MESSRS HAI THONG SHPPMG 23 WHd
      825 words

  • Page 24 Advertisements
    • 854 24 Regional Container Lines 4 Sailings weekly COO! Fast Reliable Regular Punctual Berthing P.S.A. Mon. Tue, Thur. Sat REGULAR/FEEDER SERVICE TO PHUKET/SOHGKLA VOY SM PUT SKLA THAN* BHUM 20N 368 In ft 10 Sep THAW) BHUM 21N/370 12 Stp 17 Sep I KAMA BHJM 22N/372 19 Sep 24 Sep THANA BHUM
      854 words
  • Page 24 Miscellaneous
    • 146 24 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind diiection with speed in knots Wave height LEGEND P Temperature r IV Thunderstorm Weather -V Wind diiection with speed in I 7 Shower j Rom Wave height 0 Cloudy Sky Surface winds ore indicated by orrows which fly with
      146 words

  • Page 25 Advertisements
    • 125 25 fflp MSC AGENCIS K. LUMPUR P. KELANG PENANG P. GUDANG i. BAHARU LEOSHP SPO®* *****8/*****6/*****8/*****3 *****1/4 TERMINAL *****1/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE mmJEHEE esuzbeii 11 1M n 'i/'.'-TTTnnin!?irTTf nf ii <raMmfT7"!'MPTi(T!rBE3MHEMIIIj JISMImimJm ll"i/'!'-TTirTnririirTfTTnFTTf gTTMgHTMMmwnE3B[IIII^«'^EZID ALSO ACCEPT* FOR: ANTWERP, L. HARYE, UK. BROEN. COPENHAGEN. OSLO ALSO ACCEPTWG
      125 words
    • 230 25 WORLD LINE EXPRESS REGULAR SERVICE JAPAN/HONGKONG/STRAITS VISSILS SPORE P HUANG MMO NO J M l S«pl 13/15 Stpt IC/17 orintai ace m» s«pt 22/24 s«pt cattieta m i* Vepi M/n s«pt»/» M WSC ««Mh bcrttt Saifipoe it PP* Gdn P2 Sdfipart Gen NPPON EIWESS (S) PTE ITO World Tr>de Centre
      230 words
    • 261 25 L/COKNE 3. I;(.W.M Scan Dutch 9 To Europe (Med/UK/NC/Scan) 6 Butang In Port B Butang 12/9 B Butane 19/9 B Butang 26/9 B Butane 3/10 B Butane 10/10 B Butane 6/9 B Butane 13/9 B Butane 20/9 B Butane 27/9 B Butane 4/10 B Butane 11/10 VESSEL/VOY I ACCEPTMG/SMLMG Selandta/304
      261 words

  • Page 26 Advertisements
    • 304 26 C CON VENTION AL/SEMI-CONT AINER J EAST AFRICA ALTAI MARU 1 AFRICA MARU 2 WEST AFRICA MT POWELL 1 17 Sep Mombasa, Daressalaam 25 Sep Port Louis. Reunion 15 Sep P. Noire. Abidjan, Buchanan, Monrovia. Tema, Lome. Apapa ITH AFRICA OSAKA MARU HAYAKAWA MARU S.A. VAAL 11 Sep Durban. P
      304 words