The Business Times, 9 September 1985
1985-09-09
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The Business Times
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Title Section12 1985-09-09 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, SEPTEMBER t, 1185 60 CENTS12 words
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Article680 1985-09-09 1 AMY BALAN - Society warns members of disciplinary action By AMY BALAN THE UNDERCUTTING of audit fees by accounting firms said to be on the rise has come under strong criticism from the Singapore Society of Accountants as a "deplorable and unethical" practice. In a strongly-worded letter680 words
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162 1985-09-09 1 AFP INVESTMENT FROM North America running into millions of dollars is likely to start flowing into Malaysia at the end of this year or beginning next year, Malaysian Trade and Industry Minister Razaleigh Hamzah said yesterday. Speaking on his return from an 18-day investmentAFP - 162 words
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Article, Illustration406 1985-09-09 1 SINGAPORE'S Ambassador to Indonesia said yesterday that it was not enough for the two countries to have good relations based on the close rapport and friendship between their leaders. Ambassador Mr J F Conceicao said sensitivities and understanding about cultural differences among the406 words
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292 1985-09-09 1 EMPLOYERS who misrepresented the glamour of the jobs they offered in advertisements were partly to blame for the high expectations of job-seekers, said the deputy chairman of Singapore Airlines. Mr Lim Chin Beng spoke about corporate culture and its role in successful working292 words
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316 1985-09-09 1 SHAHRIR ARIFF - By SHAHRIR ARIFF A LOCAL ENGINEERING company has become the first in Singapore to receive a quality award from American computer giant, International Business Machines (IBM). The 1964 Quality Award was presented to the managing director of Lam Soon Engineering (LSE), Dr ST316 words
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127 1985-09-09 1 Reuter WORLD DEMAND for oil is likely to show a very slight rise in 1986 after dropping sharply this year, but the demand for crude supplies from members of the Organisation of Petroleum Exporting Countries is likely to fall again, said the InternationalReuter - 127 words
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Article143 1985-09-09 1 Reuter JAPANESE Foreign Minister Shint&ro Abe and other officials expressed surprise yesterday about President Reagan's decision to investigate possible unfair practices by Japan and other US trading partners. Mr Reagan, in his weekly radio address on Saturday, said he ordered probes into allegations against Japan, Brazil,Reuter - 143 words
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Page 1 Advertisements
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Advertisement253 1985-09-09 1 Call Wayfoong at 737-7977 for a fast decision on your loan Waytoong Mortgage and Finance (S) Lid A wnoay-owned subsidiary a» Hongkong Bank 6 Claymore H* »03-00 Claymore Plwa Singapore 0922 AJ». No. 0046 Singapore River projects THE GOVERNMENT yesterday unveiled its longawaited redevelopment plans for the Singapore River. The253 words
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Advertisement342 1985-09-09 1 7SJB asf?3 A Dutch scientific survey of Indonesia more than a hundred years ago led to the publication of a set of four volumes which form a unique work on the country. Complete with text and colour plates (below), the volumes contain some of the finest ethnographical prints of Indonesia.342 words
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Advertisement275 1985-09-09 1 Where efficient and personalised service is a tradition FOUR SEAS CGMMoMCAMOfc' TC M—- f- Hraa of/»ce Business Times free clipping service lor readers Free copies of these exclusive stories in last week's Business Times are now available. 1. Parkway may change bankers 2. Two-tier salaries for graduates mooted 3. Overnight275 words
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MANAGEMENT
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Article, Illustration1826 1985-09-09 2 WILLIAM DULLFORCE - Identifying niches and holding on to them is also a specialty among many Swiss companies By WILLIAM DULLFORCE FT IT IS OFTEN SAID that American companies such as Ford and IBM are much better at exploiting the economies of scale made possible byFT - 1,826 words
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FRONTIERS
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239 1985-09-09 3 LEE HAN SHIH - Compiled by LEE HAN SHIH SCIENTISTS with the United States Department of Agriculture have derived a new, natural insecticide from a tree that is abundant in tropical regions. In experiments, chemicals extracted from the neem tree, a native of Asia and Africa, have deterred more239 words
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137 1985-09-09 3 UPI JOHNS HOPKINS University doctors have developed an inexpensive and safe drug treatment to replace currently-used surgical techniques for treating children suffering from fluid in the brain. Dr John Freeman, the director of Pediatric Neurology at Johns Hopkins Children's Centre, said aboutUPI - 137 words
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Article, Illustration266 1985-09-09 3 THE DRIVING SIMULATOR newly-designed and built by Daimler-Benz at Marienfelde, Berlin, is one of the most advanced research facility of its kind in the world. New vehicle designs can be tested and put through their paces as mathematical models while still at the development266 words
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Article, Illustration1723 1985-09-09 3 KENNETH SMITH - By KENNETH SMITH (Mr Smith is the regional director of Advertising Associates.) IN SINGAPORE, selling a product was once never too difficult. The business was largely that of trading. Since a comparatively small proportion of consumer goods were actually made here, the1,723 words
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Page 2 Advertisements
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Advertisement337 1985-09-09 2 What 1 a business R KM If you think business gifts are really money down the drain, to give and forget, you're probably right. At least as far as your experiences go. But when you want the gift to work to say something positive about your company you really want337 words
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Page 3 Advertisements
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Advertisement364 1985-09-09 3 SEMINAR ON PROPERTY INVESTMENTS 27TH SEPTEMBER 1985 "Seminar on Property Investments'* provides an opportunity for all professionals in Real Estate to explore some of the issues affecting the property market and at the same time reflect on the vast opportunities still available despite the temporary slow down in the property364 words
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Advertisement110 1985-09-09 3 Scandinavian Buffet September 2-8 A buffet of Scandinavian favourites, fresh and delicious and prepared to original recipes. They include: Swedish Gravlax, Smoked Eel, Norwegian Fish Pudding. Roast Ham and Danish Pastries. Chinese Buffet September 9-15 From the delicate to the exotic, our Chinese buffet brings you such popular dishes as110 words
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OVERSEAS
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339 1985-09-09 4 Discussions aimed at reducing tension in Far East AP A US DELEGATION will travel t(> Moscow this week fen: unprecedented high-level talks on potential trouble spots in the Far East, the US State Department said. The meetings will be held on Thursday and Friday,AP - 339 words
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142 1985-09-09 4 Reuter PRINCE NORODOM Sihanouk, leader of the UN-recognised coalition fighting the Vietnamesebacked Phnom Penh regime, said the Soviet Union, Vietnam and China should all join a proposed Cambodia peace conference. Prince Sihanouk said China and the Soviet Union held the keys toReuter - 142 words
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164 1985-09-09 4 AFP A MODEST global economic growth could help next year to arrest the declining trend in Hongkong's export trade. A Standard Chartered Bank economic forecast released on Friday said Hongkong's domestic exports had dropped by a steep 12 per centAFP - 164 words
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242 1985-09-09 4 AP CHINA'S next five-year plan, to be discuBsed at a special Communist Party conference this month, will focus on economic coordination rather than faster development. Party Secretary Hu Yaobang made this remark on Saturday to visiting Spanish Prime Minister Felipe Gonzalez, the official Xinhua newsAP - 242 words
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220 1985-09-09 4 AP INDIA'S economic backwardness threatens national unity and makes the country susceptible to secessionist agitations, India's Home Minister said. The biggest challenge facing India is to maintain national unity without which progress cannot be made, Minister Shankarrao Chavan said on Saturday while inaugurating a seminarAP - 220 words
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Article, Illustration54 1985-09-09 4 INDIAN PRIME MINISTER Rajiv Gandhi's Congress (I) Party appealed to the people to vote for it in a newspaper advertisement (abovm) published in New Delhi last Saturday. Rajiv Gandhi is determined to go ahead with elections in Punjab, set for Sep 25, despite continuous54 words
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65 1985-09-09 4 Reuter JAPAN'S personal consumption is likely to show a steady increase in future, the Bank of Japan said in a monthly economic report. Personal consumption growth is increasingly important for Japan to reduce its trade surplus while maintaining higher incomes and steady domestic economicReuter - 65 words
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139 1985-09-09 4 AFP MALAYSIA WILL BEGIN talks with Indonesia soon on a plan to reactivate barter trading at the Peninsular Malaysian coastal part of Muar, Deputy Trade and Industry Minister Muhyiddin Yassin said. "We do not expect any problems in restarting barter trade between theAFP - 139 words
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WORLD IN BRIEF
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Article62 1985-09-09 4 THE Japanese government has chosen May 4-6 as the dates on which it will play host to the 1965 economic summit of the world's seven major industrialised democracies, the Kyodo News Service said. Quoting government sources, Kyodo said Prime Minister Yasuhiro Nakasone will send letters of invitation to62 words
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Article56 1985-09-09 4 HONGKONG has set up a body to oversee relations with China in view of a dramatic growth in cross-border economic ties, the colony's chief secretary said. Sir David Akers-Jones said the new coordinating committee, would deal with practical matters arising out of increasing cross-border links, with expanding ferry56 words
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Article59 1985-09-09 4 CIBA-GEIGY AG subsidiary Zymasa said it temporarily withdrew from sale worldwide the drug catergen after three patients died in Italy. Last week, the Italian Ministry of Health ordered its use to be suspended, leading to the worldwide suspension. Zyma did not say which diseases had been treated by59 words
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Article60 1985-09-09 4 FORTY-ONE per cent of Philippine families are living below the poverty line, a Manila newspaper quoted a recent World Bank study as saying. The bank said the figure was down from 51 per cent in the *****960 period, and the number of families under the poverty line increased60 words
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Article62 1985-09-09 4 NELSON Radabaugh, 62, was sentenced to eight years in prison in California last Saturday for swindling about 60 gold mine investors out of nearly US$l million. The mine did not exist. Judge Kenneth Johns gave Radabaugh the maximum sentence after noting that he did not give the 6062 words
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Article37 1985-09-09 4 Agencies BRITISH MINERS' leader Arthur Scargill left by plane for Moscow last Saturday, saying his visit was not a holiday but refusing to comment further. "I don't have time for holidays," he said. AgenciesAgencies - 37 words
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340 1985-09-09 5 AP CANADA'S government will not help research in US President Ronald Reagan's Strategic Defence Initiative, known as Star Wars, but does not oppose private work on the anti-missile programme, according to Prime Minister Brian Mulroney. Private Canadian companies will be free to bidAP - 340 words
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Article813 1985-09-09 5 ARRIVALS Operator Scrvicc number Local tint* From PAA PA2I 0020 LAX/TYO/ HKG GIA GA7108 0205 HLP SIA SQ41 0605 MAA MAS MH601 0720 KUL SIA SQ43 0750 DHA SIA SQ45 0615 MRU MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH81I 0940 PEN sv SV378 0940813 words
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171 1985-09-09 5 AFP PRIME MINISTER Margaret Thatcher has brought up Britain's loyalty to the US in a move to get President Ronald Reagan to give preference to a British company over a French competitor in a US$4.5-billion Pentagon purchase, the SundayAFP - 171 words
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597 1985-09-09 5 President stands by his free-trade position NYT PRESIDENT REAGAN, seeking to thwart protectionist legislation in Congress, announced plans on Saturday to move against Japan, South Korea, Brazil, and the European Economic Community for unfair trading practices. At the same time, Mr Reagan, in hisNYT - 597 words
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Article149 1985-09-09 5 AFP BRAZIL "deeply" deplores the decision announced by US President Ronald Reagan to take reprisals because of Brazilian limits on imports of American and other foreign computer products, said the Foreign Ministry on Saturday. Meanwhile, Soviet news agency Tass said Mr Reagan's reprisal threats also madeAFP - 149 words
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Page 4 Advertisements
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Advertisement196 1985-09-09 4 spy fr<x.. U'-Ulu I i *r 4 mm j vr >.« T»tfl «c 3W TiVi tJ US era tUt Mil ill ,Qm 11 M r Qk i». DELIVERED BY AIRBORNE EXPRESS. From Tokyo to Taipei, Singapore to San Francisco, more and more shippers are trusting the delivery of their "Just196 words
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Page 5 Advertisements
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Advertisement11 1985-09-09 5 fon Am Clipper Class. For The Price Of An Economy Ticket.11 words
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Advertisement145 1985-09-09 5 i j i, ■> ■tot ax£t» l*v>. :>: ';Xi If*, t%4^ c*l V '».»> r> c %"'f* < :v; y* fißgjg T as y r ?.4 MiA 1i *FjS|j MM t I M P v V WIS ■w»jy«ae»s«» ear "PI •V SMi W VJ. ■V -i"'" t•« 4 :f".H;.5«.. 10145 words
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RAW MATERIALS
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821 1985-09-09 6 AFP A LATE SURGE by the US dollar on encouraging economic indicators injected life into London commodity markets last week. Precious metals tumbled from their highs, with gold down more than US$2O on last week's best. Recent slack demand on the LME was emphasisedAFP - 821 words
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305 1985-09-09 6 Reuter SOUTH AFRICA, which has exported virtually no maize for the past two years because of poor harvests, is now ready to resume sales and has about 800,000 tonnes for export in the rest of the crop year ending next March 31. South AfricanReuter - 305 words
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254 1985-09-09 6 THE SINGAPORE PEPPER MARKET was still moving fast last Friday afternoon after a week which saw prices of both white and black pepper firm up well. Activity in white was negligible, according to a dealer, but black saw good volume and led the price254 words
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Article206 1985-09-09 6 SOYBEAN FUTURES on the Chicago Board of Trade fell further towards the close last Friday, ending 7Vi to 3V< US cents a bushel lower. November ended near the bottom of a 5 1 cent range. A grain analyst predicted this year's US soybean production to be well above the206 words
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Article222 1985-09-09 6 WHEAT FUTURES on the Chicago Board of Trade ranged from four US cents a bushel higher in nearby September to down Vt cent in March at the close last Friday. December ended near the top of 3'4-cent range. The strength in nearby September was tied to the taking of222 words
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Article985 1985-09-09 6 COFFEE Robust* futures ended buoyantly last Friday at up £51 to £41 a tonne from Thursday night's close, pulled up primarily by easier sterling in a maximum £3frrange. The market fluctuated in line with sterling/doliar exchange rates throughout the day, rising in the morning on easier sterling before985 words
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Article32 1985-09-09 6 3| KL TIN Dot# CloMig prices Turnover MVUo (toon**) Sept 2 30.65 668 Sept 3 30 60 207 Sept 4 30 43 210 Sept 5 Closed Closed Sept 6 30. 34 17432 words
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Article258 1985-09-09 6 Reuter THE SINGAPORE and MALAYSIAN markets continued to drift lower last week in conditions of oversupply, dipping below the International Natural Rubber Organisation's (Inro) "must buy" average of 161 Singapore/Malaysian cents per kg last Thursday. This prompted a small amount of buying last Friday from the Inro buffer stockReuter - 258 words
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Page 6 Advertisements
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Advertisement261 1985-09-09 6 AfIER A hARd dAy at tlhe officE, cx\ly one beAis an icE-cold draNk at My Place. w V r 7 4 f V 7 x TWO pRiCEof ONE, bEIWEEN 430 Ai\d Bpivi. In Singapore it's called 'Happy Hour' descriptive, certainly, but rather vulgar. In England, they're even more down-to-earth, with261 words
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Advertisement113 1985-09-09 6 Our Nonya Buffet is so |good even the "mak chiks 1 will approve? And at only $12 so will you! September is Nonya Buffet at the Cafe Plaza. From the 2nd to *15th, we are featuring a buffet spread of Nonya cuisine, a delicious combination of Chinese and Malay ctx>king113 words
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SPORTS
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Article, Illustration806 1985-09-09 7 Reuter HANA MANDLIKOVA of Czechoslovakia stunned Martina Navratilova on Saturday to become the first foreign woman player to win the US Open singles title in 12 years, while John McEnroe and Ivan Lendl reached the men's final for the second year inReuter - 806 words
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421 1985-09-09 7 WALTON MORAIS - By WALTON MORAIS ARIFIN ABU clinched his first major title when he won the Seletar club championship yesterday. The six-handicapper carded a seven-over-par 77 for a 72hole total of 303 and a onestroke win over Poh Eng Teck (5). "This is worse than what I421 words
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Article444 1985-09-09 7 BRIAN MILLER - By BRIAN MILLER JOCKEY SY Leong, who is having tough luck with winners, (ailed to break the duck over two days of racing at Ipoh and, in the process, has handed over to Nigel Tiley his hard-earned lead in the 1965 jockeys' championship table. Leong entered444 words
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Article111 1985-09-09 7 NEXT YEAR'S Rolex International polo championship might be stretched across five days instead of four. This was disclosed by Mr Jerry Ramsey, the managing director of Rolex Singapore, after yesterday's action had to be called off due to a sudden downpour that made play impossible.111 words
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190 1985-09-09 7 MORE THAN sixty golfers from the advertising fraternity will be on the golf links at Sentosa on Wednesday in the seventh AMOASSAAAAAA tournament. Golfers from the Advertising Media Owners Association of Singapore, the Singapore Advertisers Association and the Aasocia-" tion of Accredited Advertising Agents are190 words
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Page 7 Advertisements
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Advertisement148 1985-09-09 7 Do you have to suffer reading TECHNICAL REPORTS which are UNCLEAR? LONG-WINDED? FULL OF ERRORS? INCOMPLETE? INCOHERENT? DISORGANIZED? Spare yourself these frustrations, send your staff for our intensive Technical Report Writing Course This course, specially designed for oil companies and oil-related industries, would be useful for those in shipbuilding, electronics,148 words
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FEATURES
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Article, Illustration1000 1985-09-09 8 STEN STOVALL - By STEN STOVALL Reuter THE STOCK EXCHANGE trading floor, an old and trusted engine of capitalism, could be made obsolete within the next decade by the advance of technology and the insatiable need of markets for instant information, London analysts and stockbrokers say. The movementReuter - 1,000 words
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153 1985-09-09 8 I AMam untiS to Hie Editor Dear Sir, Please allow me to write a few words on the interesting topic of "Lamb k Mutton". "Linguist" is linguistically correct about lamb and mutton (BT Sep4), but is mutton-beaded to suggest that "Chinaman" does not know153 words
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Article70 1985-09-09 8 Ng Keat Seng - Ng Keat Seng Dear 9r, I refer to my reply (BT Sep 4) to "Singaporean" and wish to point out that you have left out a very vital word, "Mi," in the last sentence of my peply. It should have read: "What we are saying is70 words
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1282 1985-09-09 8 ELIZABETH PENNISI - 'Future home' a fantasy come true for US computer scientist A US computer scientist has built a high-tech house an attempt by her to combine interior design with high technology. The house may seem outlandish and Orwellian, but to the scientist, it is the bellwether of homes to come. ELIZABETHUPI - 1,282 words
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Page 8 Advertisements
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Advertisement165 1985-09-09 8 v Hi. n £l 4 Now you can enjoy 747 comfort on Air-Indias direct services to Madras and Bombay. Only Air-India offers you an exclusive Club Class to Madras and onward to Bombay in addition to its well-known First Class service. Convenient connections are available to Europe, USA, Middle East165 words
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Page 8 Miscellaneous
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Miscellaneous675 1985-09-09 8 CRYPTIC PUZZLE ACROSS I A woman's trophy? (5) 6 A ring in a square, naturally? (5) 9 It's always there to be played (7) 10 Work hard at surgery (5) 11 Prepare to fight for a backnumber (5) 12 The Spitfire, obviously, was no such aircraft (5) 13 Dog with675 words
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Miscellaneous23 1985-09-09 8 RGJ& OF PROGGeSS i£> -v»4e 6of\t oot p\T THG_ Pvmd TON\GWT RCG Pf\RK»N OF PfcOGGeSS IS FOSHirfG e>c#vr oot rt 6ROLLV &OuiL£P toN»&Wt23 words
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THE ARTS
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Article, Illustration718 1985-09-09 9 TERESA LIM - Set of 19th century volumes on Indonesia capture images lost to time By TERESA LIM THE BOOKS are lovely to hold large, leatherbound, solid but even better to leaf through. A quick flip of the pages reveals the rich store within magnificent Sawu warriors stare out,718 words
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Article428 1985-09-09 9 DAVID GABRIEL - By I *4» DAVID GABRIEL AS PART of this year's Drama Festival, the play Emily of Emerald Hill by Stella Kon was staged last week. Directed by Dr Max Le Blond, the play depicts the life and times of Nonya Besar Emily, the lady of Emerald428 words
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Article, Illustration316 1985-09-09 9 JAIME LYE - By JAIME LYE THE FALCON And The Snowman makes the American dream seem like a sick joke. It is set during the Watergate scandal years, an uneasy period in which the American way of life as symbolised by apple pie and baseball was being questioned. A college316 words
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428 1985-09-09 9 XU YING CHENG - By XU YING CHENG IT WAS NO SURPRISE that the first prize in the 1985 prestigious Sydney International Piano Competition was won by 19-year-old Chinese pianist Du Ning Wu, the guest soloist of the Singapore Symphony Orchestra in its concert at the428 words
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Article804 1985-09-09 9 MARIE DAVID - By MARIE DAVID EVERYONE has a presentation style, one that is unique. Whenever we speak to other people, we do it in a certain way which projects our personality. What tempers the performance is the occasion and the composition of the group being addressed. Frequently,804 words
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Page 9 Miscellaneous
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Miscellaneous1186 1985-09-09 9 to (MD mm CLASSICAL MOMENTS STUART BURROWS IN CONCERT 9.05pm, Channel 12 During a demanding interseason eluded singing the Mozart version of Messiah" in France, appearing at CovdHflKSV ent Garden, and before goV I ing to Paris to sing in the F revival of "Don Giovanni" with Sir Geraint Evans,1,186 words
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INTERNATIONAL STOCKS
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176 1985-09-09 10 Reuter AUSTRALIAN analysts are assessing Elders IXL's plan to tftd for UK brewer Al-lied-Lyons PLC. While directors of Al-lied-Lyons dismissed the possible As3.B billion bid, announced last Thursday, analysts in Sydney took Elders's managing director John Elliot very seriously. "We think it's aReuter - 176 words
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Article59 1985-09-09 10 AP ABOUT 5,800 Mitsubishi vehicles imported by China from Japan are "inferior in quality" and owners are demanding their recall, Hongkong's communist newspapers reported. The Chinese-language Ta Kung Pao and Wen Wei Po, quoting a China News Service report, last Friday said many of the heavy-du-tyAP - 59 words
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Article266 1985-09-09 10 SIP 07 Yan 1230 -20 Mitsubah Mitsufc Elac Mitsub Estata 6I¥ 335 931 -1 -5 342 •6 Mitsub Haavy.. 390 +5 759 11 Mitsui. 418 +2 798 -4 Mitsui Ship 160 -1 Asohi Glass 769 780 -10 Mitsui Smelting 455 694 •2 14 531 -1 Mitsumi 685 Cflfw' 001266 words
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336 1985-09-09 10 Reuter A RESURGENT stock market last Friday erased the losses of the previous (our sessions as investors welcomed a report that the unemployment rate had declined to its lowest level in more than five years. The Dow Jones Industrial Average jumped by 9.86 toReuter - 336 words
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Article132 1985-09-09 10 SEP 0* a Hud Bay Mm fcrp Oi 52* 20ft Inco 18* indt Aican 37* unrh inch In* Pro* Wp« to Ut» 42* 17* Karr Add 14* inch Afjotn t fctfl* 3114 Lobtow 8 21* 13* 43* 33* 3* Bank Nova Scotia tndi Mc BkxM 19* M Canada Motion132 words
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Article249 1985-09-09 10 SEP 0* kd Unuc 530 1450 10 -25 MMJSTVIALS M MNG5 A Afcho 800 unch -10 3035 .5 Abarcom AE And O 750 An0voal -25 -ISO +20 Amoprop AMHC 450 2650 -50 -75 inch Stof" uun— 7100 C G Smith CNA 2300 2208 Cora Gold Cons Murch 1500 1100249 words
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Article663 1985-09-09 10 W 0* U» Alcon AMnin Alcoa 27* 34% Ahghany Lud 20* AM Cham Cp ABad S*otm 42* 56* Ala-Chafcnan Am tandi fete Am Broodcotf Am Con Co 4 60 115* 59* Am Cyanamid Am Bsc Pwr 53* 21* Am Exprat* Am 1 lom« Prod Am Mo»r» Cp Am663 words
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Article801 1985-09-09 10 Wet: Gnatfr Stmt» Amsterdam 0* Hi AM* 507.90 -1 Aogon 98 JO -0 1 Ahold 244.20 +02 Akxo 127.00 +12 AMEV Amfai 300.00 3 5 Afnro Bank 87 60 uneh Barfcol Balk 43.00 +1 Banuml ZZ" 394.50 7l.S BoAdh fc* T«t 100.40 -0 4 Caiand Orfy* 4*1.00 +2801 words
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Article45 1985-09-09 10 Reuter SCM CORP and Merrill Lynch Capital Markets have agreed to end a merger agreement providing far the leveraged buyout of SCM at US$7O a share, in view of the $72 offer for SCM shares by Hanson Trust PLC. «lOCKnoim pncvfReuter - 45 words
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Page 10 Advertisements
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Advertisement499 1985-09-09 10 41 win®, eaSeriiin NONYA BUFFET /t., 'l > v Every Wednesday Friday at Terrace Garden Price :$12.00" Time: 12 noon-2-30 pm Fashion Show: 1.15 Unfin 181. Kitchener Road. Singapore 0820. Tel: *****22. A sumptous buffet lunch awaits you with savoury specialities to please the palette. Our menu includes popular dishes499 words
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Advertisement152 1985-09-09 10 m y Fbr authentic Tfeochew delicacies, come to FSng Cheng Lou OL Special ranily Ncmi 170* Head (for peraoaa) Crown rtince s three-dish combination Teochn soyed goose meal Dried scallop with green vegetables Braised duck with lemon in soup Steamed pomlret Dessert •SO*- Mean (for persons) Teng Cheng L&u s152 words
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INTERNATIONAL COMPANY NEWS
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449 1985-09-09 11 UPI HONG KONG and Shanghai Hotels has received approval from the Hongkong government to demolish the old Peninsula Hotel, the flagship of the Peninsula group hotel chain. The grand ivory-hued building with its goldtrimmed lobby ceiling, was the headquarters for the occupying Japanese armyUPI - 449 words
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247 1985-09-09 11 Reuter SALOMON BROTHERS expects to cut commissions on government bond transactions by as much as 50 per cent through its newlyacquired interest in PBG Securities. Thomas Strauss, the managing director of Salomon Brothers, last Friday said Salomon Brothers, acting on behalf ofReuter - 247 words
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Article, Illustration558 1985-09-09 11 Reuter THE US government and pharmaceutical manufacturers are spending untold millions on research in hopes of finding a treatment for the deadly Aids virus. However, a leading US researcher warns that it may take up to five years before a significant breakthrough is achieved.Reuter - 558 words
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216 1985-09-09 11 Reuter PURCHASES OF back-to-school apparel and autumn fashions spurred a substantial rise in August retail sales. This is expected to translate into higher thirdquarter earnings for leading retail chains in the US, analysts said. "August figures appear quite encouraging a reversal of the disappointingReuter - 216 words
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Page 11 Advertisements
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Advertisement476 1985-09-09 11 m id as as iF.f> Harbour Grill ■ffi \v r Vik a y Nightly to an ambience of quiet elegance, our chefs tempt and surprise with the ultimate gourmet adventure. Cuisine en Evolution. The Harbour Grill. The experience is Distinctively Hilton in Style. §qfMp grttf MbXON INTbRNATION Ab SINGAPORb Hhj476 words
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Advertisement197 1985-09-09 11 Executive Set lunch Daily $1290 PNKIMy KILL Menu of the iaiaal# WwvW 3-course lunch prepared in the finest Continental style. Each meal includes a hearty soup and a delicious dessert. Mon Roast Pork Loin Hunter Style Tue Roast Chicken Farmer Style Wed Tender Roast Leg of Lamb Thur Braised Beef197 words
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BANKING AND FINANCE
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625 1985-09-09 12 AP THE UNITED STATES and 10 allies dumped about US$lO billion on foreign exchange markets between Jan 21 and March 1, one of the largest coordinated interventions against the dollar since foreign exchange rates began floating in 1973, the Federal Reserve BankAP - 625 words
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Article152 1985-09-09 12 FT DR CHRIS STALS, South Africa's newly-appointed Director General of Finance, said it was unlikely that the freeze on capital repayments announced last Sunday would be lifted by the initial target date of Dec 31. Meanwhile, Reserve Bank governor Dr Gerhard de Kock continues his negotiationsFT - 152 words
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374 1985-09-09 12 FT THE FRENCH government has taken fresh steps to develop France's financial markets with the decision to set up a new market in commercial paper. The move is intended to widen the range of short-term money market instruments available to large companies. LastFT - 374 words
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322 1985-09-09 12 FT THE STATE of Maryland has taken over Community Savings and Loan and its mortgage banking subsidiary, Equity Programs Investment Corporation (Epic), in a bid to stem the growing financial crisis which is sending shock waves throughout America's fast growing mort-gage-backed securities market. TheFT - 322 words
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509 1985-09-09 12 Bernama BANK NEGARA pumped M 51.36 billion into Malaysia's banking system in May this year to ease the generally tighter conditions in the money market. The central bank said in a statement last Friday that it did this through the purchase of government papers,Bernama - 509 words
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Article77 1985-09-09 12 AFP NATIONAL NEDERLANDEN Life Insurance Co, the largest life insurance company in the Netherlands, will start business in Tokyo early next year following Japan's recent decision to open its life insurance market wider to foreign companies. Sources said Nederlanden, the eighth foreign life insurance companyAFP - 77 words
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345 1985-09-09 12 ALVIN TAY - By ALVIN TAY THE INSURANCE industry has been given a shot in the arm with the set-up of a captive insurance company by Australia's biggest company, Broken Hill Proprietary (BHP). Resources Insurances Pte Ltd, set up last month, is assured of a345 words
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344 1985-09-09 12 Pressures mount on NZ dollar Eurobond market Reuter PRICES IN THE oncebooming New Zealand dollar Eurobond market are coming under intense pressure as the cost of funding large volumes of unsold new issues soars, dealers and syndicate managers said. "We're on the verge of a major collapse in prices," saidReuter - 344 words
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Article85 1985-09-09 12 AP TAIWAN'S foreign exchange reserves totalled a record US$l9 billion at the end of August, a 5 per cent increase over a month earlier. Central bank governor Chang Chi-Cheng said during the weekend that the foreign reserves were pushed to $19 billion since the central bank hadAP - 85 words
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MONEY AND EXCHANGES
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384 1985-09-09 12 UBS Union Bank of Switzerland A NUMBER OF FACTORS with different effects influenced the international currency markets last week. The splitting of the rand exchange rate and the temporary suspension of foreign loan repayment by South Africa were two explosive factors. In the US, theUBS; Union Bank of Switzerland - 384 words
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Article184 1985-09-09 12 Green Collier SOUTH AFRICA'S problems attracted less market attention last week. Consequently, spot bullion prices receded from U*****.00 to as low as $315.00. Buying support was evident at lower price ranges and the metal rebounded to close the week in New York at $320.60/321.10. LastGreen & Collier - 184 words
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Article225 1985-09-09 12 Asian market ASIAN currency overage deposit rates for the week ended Sep 6 BID PRICES High Low us$ 7 days 8 1/4 7 15/16 1 month 8 3/16 8 2 months 8 3/16 8 3 months 8 1/4 8 1/16 6 months 8 7/16 8 3/16 9 months 8 11/16225 words
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Article81 1985-09-09 12 The range of call rates for the week ended Friday, Sep 6 Bank fund 4—52 General fund 5—5 15 $m Movements of funds 1,889 m Source: Short Deposits (M) Bhd Discount Prices At Saturday's close Prices offered by discount houses on Sept 7 3-month Treasury Bills 2 13/1681 words
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Article, Illustration486 1985-09-09 12 PLR of banks at the close of business on Friday, Sep 6 as supplied by the Association of Banks in Singapore. HNCATES the averafe *1 the prime lendmj rates of 12 major banks operatic In Sinfapore BANK PLR Algemene Bonk 7V« Americon Express Bonk 8V 4 Am'Dam486 words
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Article213 1985-09-09 12 The Discount Company of Singapore Ltd INTERBANK RATES reversed their downward trend and traded at higher levels last week. The tightness was attributed to MAS' intervention in the forex market to support the sagging Sing dollar. Overnight opened at 4H 4'4 per cent on Monday. Shortage ofThe Discount Company of Singapore Ltd - 213 words
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Page 12 Advertisements
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Advertisement302 1985-09-09 12 NOTICES la The Matter af The Computes Act la The Matter tt CONSTEWAL INVESTMENT PTE LTD (I* Valuta*? LiqiMattoa) Mf ten' Vdutary WlndiagUp At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at Scotts Road #02-103 Far East Plaza Singapore 0922 on the302 words
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Advertisement154 1985-09-09 12 NOTICE mm matter opto COMPANIES ACT (CAP. IK) AND IN THE MATTES OP DYNAMIC COMMUNICATION PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 306 (2) of the Companies Act, Cap. 185, that the final meeting of members of the above named Company will be held154 words
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MARKET REVIEWS
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Article, Illustration5488 1985-09-09 13 LORETTA McLAUGHLAN - II—" 2 a By LORETTA McLAUGHLAN LOOK AT any of the indices for the Singapore stock market and you would think that paralysis had set in. Week after week the market barometers hardly budge; up a few points one session and back down again the next.5,488 words
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321 1985-09-09 13 rl r VlAustralia S; m 4 Reuter PRICES ROSE in all sectors except gold on Australian share markets last week, boosted by the high liquidity of institutions, investor reluctance to sell and a general resilience to negative factors. Brokers said the shortage of goodReuter - 321 words
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Article755 1985-09-09 13 JULIANA TAY - Week ended Sep 6 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Allied Chocolate Industries has called off negotiations on a possible joint venture with an interested party. Botu Kawon is selling a 31.16 per cent stake in Duff Development Bhd to Nizo Holdings Sdn Bhd for755 words
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678 1985-09-09 14 r= i w) J ew UPI, AP THE NEW YORK stock market, spurred by an unexpectedly sharp drop in the August unemployment rate, rebounded on Friday and erased losses incurred in three previous sessions. Volume was moderate during the holiday-shortened week. The Dow JonesUPI,; AP - 678 words
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Article309 1985-09-09 14 H Tokyo AFP SHARE PRICES plunged last week amid investor concern over bleak corporate earnings prospects and a possible worsening of Japan-US trade relations. The Dow-Jones Average of 225 blue chips, a 21.74-yen gainer the previous week, lost 234.09 yen for the week to 12,479.06 yen.AFP - 309 words
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304 1985-09-09 14 S5 1 im Milan mi: it i 11 SS J BCI A NEW PEAK of 378.01 was reached by the BCI All-Share Index in spite of a generally easier tone, as investors took a pause to consolidate the recent remarkable gains. The gain overBCI - 304 words
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540 1985-09-09 14 TONY MEASOR - 1 L I Hongkong y By TONY MEASOR THE HONGKONG stock market spent the past week wallowing in the mire of anticlimax following a spate of major interim results announcements the previous week which had exceeded all expectations. This interim dividend season is540 words
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243 1985-09-09 14 TWO NEW Malaysian stockbroking firms Mohaiyani Securities and Subang Jaya Securities are expected to start trading this month. This will bring to three the number of new stockbroking firms set up this year and increase the total number in Malaysia to 50.243 words
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784 1985-09-09 14 fc»-j K.Lumpur B B 4 AN UNINSPIRING START turned into an impressive finish on the Kuala Lumpur stock market last week with share prices closing sharply higher in active trading as buyers rushed in at the last minute. Investors were apparently taking784 words
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364 1985-09-09 14 Zurich j Credit Suisse THE CREDIT SUISSE Index continued to advance strongly on the Zurich stock market early last week and on Monday, Sep 2, closed at a new all-time high of 412.7. The stock market was riding on a series of positiveCredit Suisse - 364 words
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291 1985-09-09 14 T— 1 Irxrrjl London d Reuter LONDON equity prices ended the first week of the account mixed after five fairly quiet sessions with attention centred mainly on special situations and companies reporting results. The market showed little or no reaction to the surplus of £1.18Reuter - 291 words
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Page 14 Advertisements
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Advertisement691 1985-09-09 14 KILUNGHALL TIN (MALAYSIA) BHD. (Incorporated in Malaysia) COMPANY ANNOUNCEMENT PREUMINARY RESULTS The Directors are pleased to announce the audited results of the Group for the year ended 31 December 1984 as follows CONSOLIDATED PROFIT BEFORE DEPRECIATION, FINANCIAL CNAROES AND TAXATION Depreciation Financial Charges Taxation NET PROFIT AFTER DEPRECIATION, FINANCIAL CNAROES691 words
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Advertisement199 1985-09-09 14 VAN DER HORST LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT TAKEOVER OFFER BY MALAYA TIN PRINTING COMPANY LIMITED FOR VAN DER HORST LIMITED DATED SEPTEMBER 4, 1985 The Company has been notified that the Offer Document relating to the above Takeover Offer has been despatched to its shareholders on199 words
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COMPANY NEWS
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CHART POINT
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Article, Illustration347 1985-09-09 15 By HOCK LOCK SIEW GRAND-DADDY blue chip, Oversea-Chinese Banking Corporation, fell headlong after hitting a high of $11.80 in January last year. Apart from a brief rally in August 1964, the stock continued to move downwards for the rest of the year. It managed to find someBy HOCK LOCK SIEW - 347 words
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Article352 1985-09-09 15 THE HONGKONG stock market has had a wonderful summer season. During the period, the Hang Seng Index achieved a post-1981 high of 1,711.51 on Aug 19 in a market that was fuelled by bullish corporate developments and falling interest rates. Things have taken quite352 words
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Article150 1985-09-09 15 Bernama MBf HOLDINGS has paid M 539.6 million for the purchase of a 22-per-cent stake in Emtex from the open market. The company was replying to queries raised earlier by the Kuala Lumpur Stock Exchange on the consideration paid for the purchase last month. The acquisition appearedBernama - 150 words
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Article118 1985-09-09 15 SMB DABBY announced that a substantial shareholder, Baktimu Sdn Bhd, has reduced its stake in the company by 1.2 per cent to 4.9 per cent. UNITED PULP k Paper Co Ltd has appointed Tan Sri Mahmood Mohd Yunus and Mr Su Bee Chuan as directors of the company118 words
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Article, Illustration632 1985-09-09 15 NAJEEB JARHOM - By NAJEEB JARHOM THE INDEPENDENT directors of Van der Horst and their advisers, Singapore International Merchant Bankers Ltd, have unanimously advised shareholders to reject the share swap conditional takeover offer by Malaya Tin Printing. In a brief weekend announcement on behalf of the company,632 words
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416 1985-09-09 15 HOMER CHEN - By HOMER CHEN INVESTIGATIONS by the Stock Exchange of Singapore into the alleged cheating case involving one of the partners of stockbroking firm Grand Orient Securities have led to another discovery. The committee is now looking into whether one of its member416 words
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Article845 1985-09-09 15 A B N Alex Hldg Ambossod Current E* Books Dote Total tor Total tor payment date do»e payable ttie yeor lait yeor 13%l Aug 19 NYA NYA 13% 26% is 6%<b) Sep 6 Sep 13 Sep 28 6% 6% or 7*%(b) Jun 24 Jul 1 Sep 16 7*%845 words
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LATEST RESULTS
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57 1985-09-09 15 Group pre-tax profits fell to M|6.01 million in the first-half of 1985 from |6.96 million in the same year-ago period. After-tax profits stood at $2.96 million ($3.05 million). An interim dividend of 2.5 per cent less tax will be paid on Oct57 words
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Article45 1985-09-09 15 Group taxable profits fell to Msl.2£ million in the six months to June this year from $8.82 million in the previous corresponding period. Stated earnings per share plunged to 1.98 cents from an unadjusted 18.5 cents. No interim dividend will be paid.45 words
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40 1985-09-09 15 Group pre-tax profits of M 56.5 million in the half-year to June 1965 against $6.01 million in the same period a year ago. Stated earnings per share of 2.4 cents against 2.3 cents previously.40 words
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329 1985-09-09 15 CHAN OI CHEE - By CHAN OI CHEE PAPER PRODUCTS company SPP Ltd has proved to be a millstone around the neck of its parent, Tuan Sing Holdings, hindering management efforts to turn the fortunes of the group. The latest half-year figures released by Tuan329 words
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493 1985-09-09 15 BUSINESSMAN Jim Raper, who (ailed last year to get one of his companies listed on stock exchanges in Hongkong, has upset the City of London once again. According to the South China Morning Post, a Department of Trade investigation has been ordered into the affairs493 words
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Page 15 Advertisements
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Advertisement75 1985-09-09 15 SENOKO DRIVE Single-Storey Factory With Office Annexe Land area: approx. 140,000 sq.ft Factory space: approx. 53,281 sq ft. Office apace: approx. 2,583 sq.ft e Available immediately e Reasonable rental X City Valuers Consultants Pte Ltd 1. Colombo Court, #04-03, Singapore 0617 Tel: *****74/5 i Telex RS ***** CIVALS L FOR75 words
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Advertisement110 1985-09-09 15 TOT! 11 Close to woods or close to nature? Tan Chong Tower Service Apartments Available for 1 month and above Within CBD Fully furnished inclusive of kitchenware Telex and IDD telephone Housekeeping and laundry service available Covered car park 24-hour security Rates: Studio $1300 per month 1-bedroom $1,600 per month110 words
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Article, Illustration370 1985-09-09 16 EMPLOYER GROUPS which are helping their members with new collective agreements have been advised to choose as a "test case" only those companies which are pace-setters in the industry. "Employer groups should be careful in identifying which companies are to370 words
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Article, Illustration675 1985-09-09 16 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent THE PRIVATE SECTOR has been assigned a key role in the redevelopment of the Singapore River into one of the country's most attractive tourist spots. Property developers, restaurateurs, fitness centre operators, dancing instructors and675 words
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Article258 1985-09-09 16 ENTREPRENEURS and water sport enthusiasts eager for a piece of the action on the Singapore River can expect to hear from the Singapore Tourist Promotion Board in the next few months. This was said at a press conference last Saturday by STPB's divisional director of258 words
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Article61 1985-09-09 16 UPI THAI PRIME MINISTER Prem Tinsulanonda arrived in Jakarta yesterday to lobby for a regional summit meeting in Bangkok and solidarity in the diplomatic battle over Cambodia. Mr Prem, accompanied by a delegation of 45 government and business leaders, was met at Jakarta's Ha lim InternationalUPI - 61 words
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263 1985-09-09 16 JURONG ENGINEERING LTD has written to shareholders asking them to disclose their residential status. There is nothing sinister in the request, for the company merely wants to establish that more than half of its shares are held by Singapore citizens or permanent residents. This status263 words
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LATE FILE
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Article53 1985-09-09 16 AP SOME 5,200 employees of the Ford Motor Co's Lorain assembly plant went on strike yesterday morning, protesting against unsettled health and safety grievances. Two bargaining sessions on Saturday failed to produce a settlement of grievances! filed by the Workers' Union, a Ford spokesman in Dearborn,AP - 53 words
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Article65 1985-09-09 16 AFP MALAYSIA'S Chief of Armed Forces yesterday disputed a Thai claim that Vietnam may have planted spies among the thousands of refugees who have fled its shores to non-communist SouthEast Asia. General Ghazali Seth said he was "surprised" by a report quoting the Thai National SecurityAFP - 65 words
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Article66 1985-09-09 16 UPI TWO UNIDENTIFIED Sikh youths yesterday shot and killed a member of the Ruling Congress (I) party in Punjab state amid fears of Sikh terrorist attempts to disrupt elections later this month. The gunmen escaped on a motorscooter after they gunned down Subash Chander ShingariUPI - 66 words
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Article33 1985-09-09 16 Reuter PHILIPPINE opposition groups have asked the Supreme Court to overturn the ruling New Society Movement's dismissal of a motion to impeach President Marcos, opposition sources said yesterday. ReuterReuter - 33 words
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Article47 1985-09-09 16 AP THE Soviet Union has offered to reduce its strategic missiles and bombers by up to 40 per cent over the next five years if the US bans tests of "Star Wars" weapons during that period, the Boston Sunday Globe reported. APAP - 47 words
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Article44 1985-09-09 16 Reuter CHINA is restoring as a tourist attraction the wartime home of Chiang KaiShek, the Nationalist Chinese leader who fled to Taiwan in 1949. The pro-Beijing Wen Wei Po said restoration was under way on Chiang's one-time home in Chongqing.Reuter - 44 words
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Article38 1985-09-09 16 UPI SOLIDARITY FOUNDER Lech Walesa said yesterday he held "long" discussions with the head of Poland's Roman Catholic Church, Primate Josef Glemp another sign of the church's increasing support for the outlawed union. UPIUPI - 38 words
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250 1985-09-09 16 AP, UPI THE CHINESE Communist Party, laying the groundwork for a smooth transition to a new generation of leaders, is grooming nearly 1,000 young candidates to take over top government posts. The changes include the appointment of 26 new governors and party secretariesAP,; UPI - 250 words
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275 1985-09-09 16 Reuter HEATED DEBATES, including one over East Timor, kept nonaligned foreign ministers working late into the night and forced their six-day meeting to spill over into an extra day, delegates said. The talks were due to end yesterday after being embroiled in a string ofReuter - 275 words
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180 1985-09-09 16 Bernama RACIAL POLARISATION in Malaysia is largely due to the politics of certain groups whose existence is dependent on the existence of communal sentiments, according to an academician yesterday. Professor Zainal Kling from the University of Malaya emphasised that these politicalBernama - 180 words
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Page 16 Advertisements
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Advertisement99 1985-09-09 16 SAVE EXPENSES. GET A COMPLETE OFFICE FOR THE PRICE OF A Complete services provided with conference room, switchboard operator and access to modern office equipment such as word processor, telex, facsimile, photocopier, etc. It's a modern office concept in office leasing to help you minimize your overheads. All you need99 words
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Advertisement96 1985-09-09 16 s Larry Allen He'll entertain with his wild jokes, naughty limericks, good natured teasing and his unlimited repertoire at the piano. Truly great entertainment 6.30 11.00 pm. Diners Special Discount for dinner parties of 10 or more. Try our set menu or a'la carte, and enjoy an evening of excellent96 words
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Page 16 Miscellaneous
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Miscellaneous56 1985-09-09 16 Outlook for today: Showers in several oreos in the late morning and early afternoon. Report for 24 hours prior to 7.30pm on Sep 6 at the airport: Maximum temperature 32.1 Associated humidity 66 Minimum temperature 23.4 Associated humidity 92 Hours of sunshine 3.70 Rainfall in millimetres 8.2 Rainfall this month56 words
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SHIPPING TIMES
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127 1985-09-09 17 Kingsley Wood - By Kingsley Wood SHIPS PASSING through certain areas of the Great Barrier Reef should be accompanied by pilots, the Australian government has submitted to the International Maritime Organisation (IMO). The submission says pilots should be present on ships navigating the new Hydrographers' Passage,127 words
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438 1985-09-09 17 G DURAIRAJ - By G DURAIRAJ THREE SHIPYARDS in Malaysia which secured much-publi-cised contracts for the construction of four large supply vessels for Jackson Marine are now being weighed down by the vessels. Shipyard sources said the yards Malaysia Shipyard Engineering, Sabah Shipyard and438 words
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266 1985-09-09 17 A TRAINING workshop on the method of selling CIF and buying FOB will be held in Kuala Lumpur on Sept 17-18 to give Malaysian merchants an opportunity to deepen their knowledge in the area. The workshop, organised by Lloyd's of London Press (Far266 words
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202 1985-09-09 17 HAMBURG shipping company Determann Co is initiating a new liner service between Europe and Indonesia. Spokesman Mr Peter Determann told Lloyd's List the aim of the new independent service was to offer an additional transport option, particularly for small and mediumsized companies exporting to Indonesia.202 words
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PORTSIDES
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Article108 1985-09-09 17 Reuter THE JAPANESE Transport Ministry said it issued 22 shipbuilding permits in August totalling 631,611 gross tons, compared with 22 ships totalling 529,909 tons in July and 52 ships of 989,498 tons a year earlier. August permits were for eight ships totalling 305,961 tons for domestic owners, upReuter - 108 words
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Article72 1985-09-09 17 A 7,080 DWT container ship operated by Mitsui OSK Lines sank in the South China Sea off the Vietnamese coast. The feeder vessel, sailing for Japan from Bangkok, was carrying some 300 loaded containers of natural rubber and food products from Thailand. The cargo was lost. The72 words
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1256 1985-09-09 18 Seatrade NEWS THAT JAPAN Line (JL) and Taiwan's Evergreen Line are to inaugurate a joint service on the Far East /Japan-US East Coast route some time in mid-1986 has come as a great shock to other Japanese lines. Not only will the moveSeatrade - 1,256 words
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198 1985-09-09 18 AMERICAN President Lines has introduced an express service for containerised cargo moving to Hongkong from Kobe, Japan, and Kaohsiung, Taiwan. The two new services are available for both dry and refrigerated cargo, according to Mr D Peter Boyce, managing director of APL in Hongkong. For198 words
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Article905 1985-09-09 18 A Top Ent X 4 AB Shpg V 5 Accord Shpg X 1 Afea Line VI 3 Affinity Shpg IX 3 Ahrenktel Liner X 1 AC Toepfer X 5 A PC Line V 4 APL M 2/3 Antah Orient X 3 Arrow Lines X 5 Atlas Lines905 words
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Article1399 1985-09-09 18 THE freight market on Thursday was featured by reports of easier levels being paid for grain shipments out of the US Gulf, shipbrokers said. A vessel was secured for grain from the Gulf to Japan at US$lO.5O against $10.75 previously while there were unconfirmed reports of grain business1,399 words
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Article233 1985-09-09 19 Reuter SHIP MOVEMENT into Bombay has been curtailed since last week when 22 large containers fell from a Singapore ship at the entrance to the harbour, said an Indian port spokesman. Captain M S Karnik, deputy port conservator, said that one container held lithiumReuter - 233 words
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357 1985-09-09 19 AN ORDER FOR six of the largest container ships amounting to US$l25 million yet operated under the Japanese flag is to be placed by members of a consortium within the next month. The disclosure by NYK represents a scaling up of earlier proposals when357 words
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86 1985-09-09 19 AFP TWO CREW members of a 556-ton South Korean freighter were missing following a collision with the 11,180-ton Indian cargo vessel Vishava Annurag in the sea of Suo on Friday. Japanese Maritime Safety officials said the Korean boat, No 9 Hung Nam, sank immediatelyAFP - 86 words
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117 1985-09-09 19 TAX changes agreed by unions representing Swedish seafarers are expected to bring about considerable changes and, although designed to boost employment on Swedish-controlled vessels, it is quite likely that they will result in job losses for many Swedes employed by foreign companies, said a report117 words
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Article185 1985-09-09 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the membcr lilies ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd185 words
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Article572 1985-09-09 19 THE VALETTA Trader, motor tanker of 32,212 dwt and built 1975, was reported to have been sold to an unnamed interest for about US$l.6 million, said secondhand shipbrokers. This shows a sharp drop from the $2.7 million to $2.8 million which was reported in July to have been paid572 words
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2655 1985-09-09 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.2,655 words
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Article674 1985-09-09 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sharpu 903 099.85 2300 Sea Consort F8 1400-1500 W2 Monte Ruby 33A 09 9.85 2000 Mitsui OSK F1 1100-1200 U1 A Maine 6 09 9.85 2330 USL674 words
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Article1632 1985-09-09 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies A tea Line A trie on Shpg Agencies (S) Ahrenkiel Linei Kim Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) Multiport1,632 words
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Article319 1985-09-09 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bislig Bay K10 P Simons alongside 09 9 85/0600 Gallant 2 K16 Borneo alongside 09 9 85/0600 Hati Baik K20 K Gwan alongside *****/2300 Kabirdas K32 R Juma alongside 09 9 85/1500 Myung Shung K30 Aru alongside319 words
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Page 17 Advertisements
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Advertisement898 1985-09-09 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. THE BOOKSHOP Agents: mm mm same mokes (r« 242*4/00 m 70 Shtnlon Way #04 03 Marina Ho«e Smpvort 0707 T«t *****11 Tetei NO RS898 words
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Advertisement70 1985-09-09 17 imm NEWS THAT JAPAN Line and Evergreen Line are to inaugurate a joint service has come as a great shock to other Japanese lines. Page II AN ORDER FOR six of the largest container ships yet operated under the Japanese flag is to be placed by members of a consortium.70 words
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Advertisement324 1985-09-09 17 IN SIN6APORE: 778-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDING IN MALAYSIA. 558-955: -LA MAERSK LINE STILL THE FASTEST TO U.S. WEST COAST SINGAPORE/LONG BEACH 18 DAYS Penang Vessel Voy I S pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA To California US Gulf US Atlantic East Canada I Smppan Oosaif324 words
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Page 18 Advertisements
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Advertisement271 1985-09-09 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Fetter W Rts *cf FAMT ACt aOUT ACf Pacific South Wml Fwd<f at Tokyo IMmi m LA/19 (MR lmum a 12/u «/u YMMSHN M 12/19 IVI9 zed. mm 19/ia 22/19 S KASHM 21/11 21/11 Pacific North Waat Faadar at Kotoo kWtar a271 words
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Advertisement239 1985-09-09 18 jll 'tXLhU Barber BueSea_ Supercarrier Service BMBEI lEXAS mm iorboc BARBER PERSEUS Nsa acceptag carfrs tar tantai. (IU). t Fr«w«. OaU»d Start tan and San Otafi m L. fciidtev TO: CARIBBEAN CENTRAL AMERICA n BARBER perseus **a **4* CMHM Aruba C»XM Bndgetown Ftahpsbwg. Port ot Spam Hamilton Kingston St Wins.239 words
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Page 19 Advertisements
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Advertisement715 1985-09-09 19 The Straits Steamship Group v.».> Mansfield Container Shipping Re Ltd Overseas Containers Limited CONTAIfCRSHIP SEWCE TO UK/COWTIWEWT FRANKFURT EXPRESS CARDIGAN BAT IFVERttXX BAT VON TORTO BAT CONTAINERSHIP SERVICE FROM U< CONTINENT PMt PJtoh P*| Spare Ma Danenan Kmat MQafeoos •#TNfe Man. 02/9 #5/9 13/9 10/9 19/9 20/9 22/9 25/9 '01m715 words
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Advertisement840 1985-09-09 19 NOTICE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted port and have reported and agreed on the following:PORT SUDAN In view of840 words
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Page 20 Advertisements
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Advertisement436 1985-09-09 20 u Hapag-Lloyd 10 CONTINENT, UK EXPORTS On carriafe to Scandnjvia, Med, Carribean tS. America Inland haulaie to Mand destinations h Europe I TO EUROPE/MED S port PftetangPenang LeiioeißMtae Genoa Hbw| Adam Bharen werp M MuDarakiah 22/9 20/10 29/10 23/10 24/10 Sophe lbdunm?«/» 2C/9 21/9 24/10 5/11 31/10 2/11 21/10 fcckmen436 words
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Advertisement361 1985-09-09 20 MG.& LINE »XuH^ FULLY CON TAINERISED SERVICE TO EUROPE VIA SUEZ Mw** o' Act CowortMn Vpoit PK«U«t |l«Hi»r* K djm Fitowe Hto»| *Mw«fp ORfNTM CHKF 45* KOREAN MC(IM JON NIFTUNE CRYSTAL 31* KOREAN CHANCE 23* 119 (9 9) 30/9 110 3/10 510 810 18 9 (16,9) 7/10 810 10/10 12/10361 words
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Advertisement492 1985-09-09 20 /I/ Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TL* R*****1 R*****2 n INTERMARITIME LTD K Kinabaiu M *****0 Marti T* *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS MV SARNA V 64 KK HU li/9 M 29/9 KU 11/11 0M 21/9 T* 24/9 DM 2S/19 K 21/9 SH»N492 words
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Advertisement826 1985-09-09 20 EVERGREEN Full Container Service Round-The-WoMd East Bound Service (FE/CARIB/USEC/EURO/FE) O EKR GOLDEN EKR GONG EVER gatkr EVER GUM EKR GOVERN EKR glory EVER OFTED ALSO ACCEPTMG CARGO TO: HRG KSG 13/9 14/9 21/9 22/9 M/ 9 31/9 7/11 1/10 15/ II It/II 21/11 M/ll 31/11 31/11 ns on 11/ l826 words
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Advertisement296 1985-09-09 20 o US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Snfipvt Lm*| tar 20/9 B B pB5?l KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKMmi Lm*« tar WHITE ULY 21/5 Suva, Lautofca, Pappettee OCEANIA QUEEN 4/10 Lm. Orobay, P. Moresby, Atotau, OCEANIA296 words
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Page 21 Advertisements
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Advertisement865 1985-09-09 21 \o PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL KOTA JAVA HOT A MUTIARA KOTA MEGAH KOTA WIRAWAN KOTA SALAM KOTA WANGSA KOTA AQUNG VOYAGE E-591 E-597 E-545 E-593 E-599 E-591 E-593 HONGKONG SINGAPORE 12-13/9 17-22/9 15-16/9 20-24/9 24-25/9 29-1/10 1-2/10865 words
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Advertisement811 1985-09-09 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Kamakira Maru Bremen Eipini Liverpool Bar Beruron Tokyo Bar Beruider Mm Mara City of Edlnbwi KiU|( Mara CONTAINER SERVICE FROM UK/CONTINENT Saied Sated SjM Saied M JO/4 12/9 13/9 15/9 17/5 6 17/5 15/5 20/5 22/5 24/5 14 U/5 20/5 21/5 23/5811 words
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Advertisement512 1985-09-09 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE CONTAINER SERVICE BUSAN fOftOHMU KoBf KMNSWNG HK STOW GOWA ¥23 HB 24/1 27/1 71/1 2/J 4 i 1/5 MA lAPAHII V 24 MB 11/9 14/9 14/9 20 22/» 21/9 S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE WEST BOUND STOW BUBAO BMKN512 words
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Advertisement587 1985-09-09 21 BOUSTEAD SHIPPING AGENCIES 1 Mandatay Vlo* Myomaywa VB9W Lashio V49W Mawiamyaetg V2BW 29/30 Sept Pluihwefyawywa V2SBW 20/22 Sept BURMA FIVE STAR (Burmese National Line) Loadmf for Rangoon Spore PJletanc Penanf InPt/lO Sept J/11 Sept 13/15 Sept (Malacca) 29/30 Sept 13/11 Sept Loadnf for MG/JPN BANK LINE EXPRESS SEM-CONTAHER SERVICE TO587 words
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Page 22 Advertisements
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Advertisement1396 1985-09-09 22 ft ft Kline KAWASAKI KISEN KAISHA, LTD. 1 USA CANADA PACIFIC COAST (Inclidlag DESTINATIONS INLAND vto IPI MICROBRIDGE MINILAND BRIDGE) OAKLAND VAN BC FEEDER/ MERCATOR V36E MONTE RUBY ¥33 SS BRDGE VSIE MOTHER VESSEL OREGON BRDGE V 4 ASM MMU ¥57 i ALLIANCE V 24 ASM MARU V 57 J.1,396 words
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Advertisement610 1985-09-09 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tor lOS ANUIIS. SAN IRANCISCO SFAIUF IAcOMA VANCOUVER BC Autpting fCI ICI Contdrnw. P Urtarvj Singapore I A«f*tfJ BHARAHNDU" 20/21 S«pt It Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accrpting fa FCI Conljmm PKcUnf S parr Fran KM St* l Ah« AcctplJ KABIRIMS V610 words
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Advertisement536 1985-09-09 22 GOLDEN LINE GUAN GUM SWPPWG (PTE) LTD leant la* Ptemcial Bant BtMnt M Cad Shft smumm oim rci ??u?* <ie uks) I# Kuala linvw SO? 11 f Rctanf 117*1 Pana* XS4M Paw GtMtjnf Apart o«<n LI OTP (M) SOU M) Til M 37 STRAITS/PERSIAN GULF SERVICE: Spore Pfteb^Pciuni SOLDO MCa536 words
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Advertisement487 1985-09-09 22 INTRASEA (PTE) LTD. 10 Anson Road »27 16 Internationa 1 Plaza Singapore 0207 Tel *****1 1 (10 L>nesl BREAKBULK SERVICE TO EUROPE/UK S parc P. KcUh(Lm*i( tar. EVMMA *****12 hP«i 12/® ROTT/ANT/l VASRJS KATSIUS *****14 12/9 SETE/ROTT/ FORT TALE *****13 22/1 SETE/ROTT/ rott/ant/iu. (ARM) SETE/ROTT/ANT/UJI (AVON) SETE/ROTT/ANT/UK. (AW*) MTRMEA (PTE)487 words
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Page 23 Advertisements
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Advertisement902 1985-09-09 23 T NOL NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times FROM EUROPE (VIA SUEZ) r MERCATOR 36E Sailed SSBRDGESIE Sailed C PAUL 45E Sailed TV) BRDGE 26E 11/9 C CONTAMER 31E 18/9 CR PARISH 25/9 Where PK dates indicated in brackets, cargo to/trom902 words
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Advertisement592 1985-09-09 23 HEUNG-A SHIPPING Korean Flag Vessels DO* SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON MCHON BUSAN 71/1 1/M l/l* 17/10 7t/lQ 1/11 14/11 27/11 PIN m t/io it/ll n/u 7/11 10/11 No 7 No 7 Danan/MrN No i Omm/HfH No t tauai/ M7N No 6 Dwan/MTM No 7 Danan/MM592 words
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Advertisement904 1985-09-09 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUR.MNG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK*I HAH SOON SON BHD ISI AND ?NO FLOOR NO 1 IAIAN CfMPtNMG HORT KIANO MALAYSIA904 words
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Page 24 Advertisements
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Advertisement710 1985-09-09 24 RcfliiNial Container Lines 4 Sailings weekly Fast Reliable Regular Punctual Berthing P S.A. Mon, Tue, Thur. Sat GO! HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER, SPfCIAtIStD HfAVY lit JfRS AVAIIABIE SUPER SPRIT S'pore 12/15 S«pt Loadhf for: Sablah, Qzan Aqaba, Suez VEB DtUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE CMMTSCHMJ710 words
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Advertisement120 1985-09-09 24 LUCKY SEAWAY SERVICES 89, Short Street, 10-07/08 Golden Wall Auto Ontre, S pore, 0718 Tel *****55 Tl* 2606} S PORE TO COLOMBO/BOMBAY ETA Colombo Bombay TBW 1 It Sep 25 Sep TBH 2 24 Sep 30 Sep 10 Oct TBN 3 IS Sep 24 Sep 5 Oct (CMt»|one) S PORE120 words
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Advertisement47 1985-09-09 24 WORLD LINE LOYAL SHIPPING LIMITED DIRECT SERVICE TO AND FROM CHTTTAGONG Sinjapore Pen** LOYAL BIRD (Bangladesh flat) General Agentv Penong Agents: 15-20 Sept. 21-23 Sept CONFER (SEA) SHIPPING PTE LTD 76, South Bridge Rood, #06-00 Singapore 0105 Tel No *****97/*****93/*****80 ORBIT SHIPPING SDN BHD Tel No *****2/*****247 words
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Page 24 Miscellaneous
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Miscellaneous175 1985-09-09 24 Regional Weather N h M 3 SI S! 23 ;-4 55 (a 'Ilk SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. P Temperature c /*v\ J Th n <lerstorm Weather W.nd direction with speed in knots Shower (A Pain Wove height Cloudy Sky Surface winds ore indicated by175 words
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Page 25 Advertisements
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Advertisement1074 1985-09-09 25 u 3 W EAST ASIA LINE -J 1 (Malaysian Flag) Regular Liner Swvlcm Dilwmii M'SI A/STORE/INDIA P. Kelong Penong S pore Ldg for WtAH Sato bPart CtftataNj MDERA PERTAMA 0/0 10/9 12/9 BaaAay REGULAR JAPAN/STRAITS/JAPAN SERVICES LAMOR b Pert •N/jWj*/ EAST ASIA SMPPMG SON. BHD. PJ. Tel; J*****/36 MFBC Rl.1,074 words
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Page 26 Advertisements
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Advertisement437 1985-09-09 26 STONEAGE taper New I U.S.A. 16/5. 23/9, 30/5, 7/10 East/West Cuil HONG KONG/CHMA 14/9. 23/9. 29/9. 2/10 Mm Kane t m i.\» iPHMW. I ill* PPW COMPIFX. W1 MOOULF 30 (0511) Telei RS ***** STONE Tel *****33 (8 lines) LMiy Security Freight Systems Pte Ltd I 14A BENOI SECTOR. SINGAPORE437 words
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Advertisement342 1985-09-09 26 FREIGHT MANAGEMENT PTE LTP 10 hmm Rud #22 14 Mamatianal Pbia. S part 0707 Tat *****11 (1U»") *S ***** FRTMAN RTSM KI. *****7/*****0 TU: MA ***** EUTMT REGULAR WEEKLY SERVICE TO BATAM ETA ETD ties T.H. BR 6/9 9/9 TRE HOUSE PTE. L I No. 15 Beach Road, #05-11 Beach342 words
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Advertisement589 1985-09-09 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) ORENTAI CHEF 45W KOREAN MaiM JO* KPTIM CRYSIH 31* KOREAN CHANCI 2JW Leltere Adam Fslmm HW| Bran Antwerp 30 0 1/10 3/10 S/10 6/10 1/10 7/10 S/10 10/10 12/10 13/10589 words
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Advertisement862 1985-09-09 26 Everett Lines J DE VAPOREES (CJ».V.) "PERUVIAN STATE LINE" loading toi Calao Malar an Ho and ill other Peruvian ports with tfanyxpmtnt at Kobe On CPV Through Ms ot lading to linal destination HANOI OfVDffTT jomkeverett IMRAYEKRETT Pwunj* P. Kebn( 11/20 Sep S<nciporc IS/17 Sep 21/22 Sep 5/6 Oct "EVERETT862 words
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Advertisement358 1985-09-09 26 ZIM HON-CONFERENCE MDEPENOT FUU CONTNNER SERVICE accepto* FCI/ICL car joes to USA East I West Coast Cambbeaniast Canada and HAITI wssi Kin m a wssa 23>» m *ssu 210 k m wssti iion m ZIM EILAT CONTAINER LINE Spot* Oil trmu tan m KtSBAN 11/J 4/It S/1R 1/1( «/U m358 words
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