The Business Times, 20 September 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 FRIDAY, SEPTEMBER 2f, ISBS 60 CENTS
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  • 400 1  -  UN accepts that Straits Trading does not trade with South Africa By CHUANG PECK MING A NUMBER OF Singapore companies have had their names removed from a United Nations blacklist of enterprises which have economic and trading links with South Africa. Among the largest was Straits
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  • 515 1  -  By MANO SABNANI in Beijing SINGAPORE entrepreneurs who have been watching with interest Premier Lee Kuan Yew's third visit to China in the hope that new business opportunities will arise are not likely to be disappointed at all. There are clear indications that
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  • 378 1 CHINA COULD increase trade with its South-east Asian neighbours to lessen their anxiety that it will compete against them for export markets and foreign investments, said Prime Minister Lee Kuan Yew in Beijing last night. Speaking at a banquet given by Chinese Premier
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  • Article, Illustration
    161 1 TRADING ON THE Slagapare stock exchange was even mare hectic yesterday, with vslame saaring to a record high far the year. Taraever rsae to J4J mil Han shares warth $t4.i million. At the claae, the Straits Times In4*strlal Index had risen by 11.81 paints to 777.84 while the
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  • 480 1  -  By MONICA GWEE BEHIND EVERY well-dressed man there might soon be a woman, if there isn't one already. For Printemps, the French department store, has decided that the best way into a man's wardrobe is through his woman's credit card. The ladies who see a
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  • 455 1 IT WAS VIRTUALLY back to normal on the local foreign exchange market yesterday after the Monetary Authority of Singapore ended its heavy four-day intervention to "repel the speculative attack against the Singapore dollar". Calm and stability have returned to the market which dealers
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  • 131 1 Reuter AUSTRALIAN COMPANY TAX will be raised to 49 per cent from 46 per cent as part of a package of tax reform measures announced in Canberra by Treasurer Paul Keating. The rise, effective from the 1986/87 year ending June, will be accompanied by full
    Reuter  -  131 words
  • Page 1 Advertisements
    • 100 1 r. a t,.. Am m t 9-12 April 1986 Singapore >re Exhibition Services Pte Ltd Tel: *****47 Challenges Met, Opportunities Realised. At Banque Indosuez, we turn challenges into opportunities. We have applied our expertise in Treasury, Foreign Exchange and Capital Markets and have designed new products, tech niques and strategies
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    • 308 1 Cooperation has started off well, says Premier Zhao, Beijing extends a warm welcome to the visitors, Back Page SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW THE WORLD BANK'S optimistic report suggesting thot the debt problem is easing should not be
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    • 51 1 |,<<^-'.]"];^&_&>+],!=?*"&'!_$~ STYLE REDEFINED PIERRE 6ALMAIN 8S COLLECTION X v [jjfj pierne balniain Pierre Balmam Boutiques Centrepoint »02-11 176 Orchard Road Singapore 0923 Tel *****41 The Pavilion Inter-Continental »01 -05 1 Cuscaden Road Singapore 1024 Tel 734 5404 Rerre Balmam Corners Metro Grand Lucky Plaza Metro Scotts Scotts Centre Printemps Mendien
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    • 2 1 CSOBI A
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  • HOME NEWS
    • 343 2  -  By LOH HUI YIN SINOCHEM, CHINA'S national oil trading company, is considering widening its involvement in Singapore. On the cards are possible long-term oil processing contracts of up to five years and trading in rubber and chemicals through its justopened representative office. Mr Xiao
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    • 230 2 SINGAPORE's close links with Johore will boost the state's industrialisation programme, Johore Chief Minister Dato Abdul Ajib bin Ahmad told a press conference in Johore Bahru yesterday. "Johore has always been a high performance state," he told reporters after opening a daylong investment
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    • 48 2 THE SINGAPORE Tourist Promotion Board has been given approval-in-principle from the Skills Development Fund (SDF) to subsidise its courses for tourist guides. Employers who send their staff to the course can now claim 70 per cent of the course fee, provided they are accepted.
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    • 294 2 THE NANYANG Technological Institute is setting up an integrated circuits (IC) design and research facility to train IC design engineers. The facility, to be ready by July next year, will complement 10 IC design centres, some of which are still in the
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    • 313 2 MORE THAN 20 companies engaged in countertrade have set up in Singapore, said the chief executive officer of the Trade Development Board yesterday. Countertrade, better known as barter, is an increasing feature in the South-east Asian region, where Indonesia and Malaysia are
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    • 320 2  -  By LISA LEE NEWLY-DEVELOPED office and shopping complexes owned by the Urban Redevelopment Authority are enjoying relatively high occupancy rates. Buildings like the Funan Centre and the South Bridge Centre, which were completed late last year, are 80 per cent occupied. While half
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    • 397 2 AGAINST the background of an unfavourable property market, the Urban Redevelopment Authority still managed to produce a $138 million surplus in the year to March 31, 1985, and boosted its total reserve to a record $1.17 billion. According to its latest
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    • 114 2 IN SPITE OF the current downturn in the car trade, Performance Motors has invested $1.2 million in a new BMW car sales and service centre. The company said the investments demonstrated its confidence that there is a healthy demand for high performance cars. Situated on a
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  • Page 2 Advertisements
    • 659 2 Thank goodness our admirers are not as silent as our printer. Since there are no moving parts to wear out, the print cartridge, which gives about 500 pages of print before it needs replacement, should be relatively trouble-free. AMONG peripherals for a personal computer, the printer is one item whicn
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  • OVERSEAS
    • 378 3 Reuter AN AMERICAN intelligence study said Soviet acquisitions of Western technology were far more damaging than previously believed and had helped Moscow improve weapons from aircraft carriers to missiles. The charge came in a 34page booklet made public on Wednesday by the Pentagon
      Reuter  -  378 words
    • 279 3 Reuter THE FRENCH Cabinet has agreed on its draft 1986 budget, reducing personal taxes for the majority and boosting defence and police spending. Government spokeswoman Georgina Dufoix said in Paris yesterday that nine out of 10 French households would pay less tax next
      Reuter  -  279 words
    • 365 3 Reuter CHANCELLOR HELMUT KOHL decided against security surveillance of a secretary in his office who has now defected to East Berlin even though her husband was suspected of spying, according to a senior government official. Interior Ministry State Secretary Hans Neusel said on
      Reuter  -  365 words
    • 150 3 UPI ARGENTINE President Raul Alfonsin has pledged that his country would never again go to war and said his government has halved military expenditures. In a reference to Argentina's 74-day war with Britain over the Falklands, Mr Alfonsin, on the second stage of a nine-day
      UPI  -  150 words
    • 260 3 UPI IF RECENT EXPOSES of the celebrated yuppie life style have left you shamefully self-conscious because you lack an expresso machine, cuisinart or BMW, take heart. Those omnipresentypeople hiply underdressed and seriously overhyped are not nearly as prevalent as much of today's advertising
      UPI  -  260 words
    • 615 3 FT Reuter THE INTERNATIONAL Monetary Fund is projecting a significant slowdown in economic growth in the developing world next year, a shift which will add to unease about the world debt situation at the annual meetings of the IMF and the World Bank
      FT; Reuter  -  615 words
    • 372 6 UPI CHINA HAS UNVEILED a new, five-year economic strategy giving priority to free enterprise, technological development and a better standard of living for its population of one billion people. Premier Zhao Ziyang outlined the proposed 1986-90 economic plan in a wide-ranging speech on Wednesday at
      UPI  -  372 words
    • 151 6 Reuter POLICE DISPERSED in Hongkong on Wednesday an unruly queue of more than 2,000 people desperate to buy 300 new flats, some because they hoped to make make quick profits by reselling them. Police said some apartment seekers handed in more than
      Reuter  -  151 words
    • 179 6 UPI EIGHT MEMBERS of the 6,000 United Nations employees in New York have contracted Aids and four have died of it. The chief UN medical officer, Dr Michael Irwin, said on Wednesday that there were no other Aids cases
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    • 323 6 Reuter PRESIDENT Ferdinand Marcos said in a US television interview that American pressure on his government to reform could boomerang, possibly affecting long-term pacts for US military bases in the Philippines. In the two-part interview, Mr Marcos called the US Congress "misinformed" and criticised its
      Reuter  -  323 words
    • 163 6 AFP TAIWANESE AUTHORITIES have instructed the country's two airlines offering domestic services to retire their ageing fleets to ensure the safety of their passengers. An official in Taipei said yesterday that the Communications Ministry had asked China Airlines, the country's flag carrier, and
      AFP  -  163 words
    • 946 6 ARRIVALS Opmter Sorvico Local tin* From PAA PA21 0020 LAX/TYO/ HKG KAL KE697 0040 SEL OA GAIII6 0215 UPG SIA SQ4I 0605 MAA SIA SQ43 0750 DHA CAL abio 0750 JED/DHA MAS MH681 0820 KUL MAS MH603 0905 KUL SWR SRI 76 0935 GVA/ZRH/ BKK MAS MH8I1
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  • Page 3 Advertisements
    • 159 3 Bill 1 Emst Whinne y 'Consultants Pte Ltd PRESENTS A ONE-DAY TOP-LEVEL CONFERENCE "ESSENTIALS OF PRIVATISATION" (GOING PUBLIC) 2ND OCTOBER 1985 HILTON INTERNATIONAL CONFERENCE TOPICS ALTERNATIVE FORMS OF PRIVATISATION A MERCHANT BANKER'S VIEW REQUIREMENTS OF GOING PUBLIC TAXATION CONSIDERATIONS LEGAL CONSIDERATIONS THE U.K. EXPERIENCE CONFERENCE SPEAKERS Mr CJ T Nangle,
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    • 89 3 ENQUIRY FORM Dear Sir, I think your Cross Emblem Pens are an excellent promotional idea for my company. Please send me your full colour brochure and price list. Company Address PLEASE SEND TO: Malko (leneral Agencies (S) Pte Ltd, 3rd Storey. Building 9, 989 Bukit Timah Road. Singapore 2158. Tel:
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  • Page 3 Miscellaneous
    • 48 3 Doonesbury m 1 M M m m 'a m Ta ..ANDYOUte SURSTHS COLOMBIANS ARB PfRTY 7 V DtN6,UWIBMITUe PMU&HM MOVING 500 KEYS WO Th€ eumau' V is m a BY GARRY TRUDEAU v mIIMEST OW Wn&e, iSI, ueuT&mr. MM I GOTTA QOHOMB ANPCHAH66. m m m m m
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  • Page 4 Advertisements
    • 113 4 7 cm m to Invar Realty Pte Ltd on the Topping Out of GB Building on Saturday, 21st September 1985 MAIN CONTRACTOR JDC CORPORATION CURTAIN WALL SUB-CONTRACTOR INTERNATIONAL HARDWARE, ELECTRICAL CONSTRUCTION CO (PTE) LTD AIRCONDITIONING MECHANICAL VENTILATION SUB-CONTRACTOR 0 HITACHI PLANT ENGINEERING CONSTRUCTION CO., LTD. ELECTRICAL INSTALLATION SUB-CONTRACTOR BINTAIKINDENKO PRIVATE
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  • Page 5 Advertisements
    • 211 5 <*1 V^' L v ?>-* #»5 ■c* ..v r« w v »w g H a 4-^if r A—.jPvp -*c.- >■• 'KZEz •*»^.-r. 4 s v >% ><■>* V 39§g9 .'•'> p.--; 'V,-.-, i ?®fa*B "TT\wriinßMiffiTri $te v. K- WSf VPPa99Xi3 a *&Jms£iS y. x: tf 2t3 V •W V T.
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  • Page 6 Advertisements
    • 224 6 HK property counter* buoyant Pago 16 1111 Announcing the most flexible 4tf|» gold certificates in the world. 1111 Global Gold Certificates from the United Overseas Bank Group, Singapore's biggest banking group. They're flexible because you can buy them in one country and cash them in another try doing that with
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    • 7 6 a bfe Fastest Daily to San Francisco.
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  • AIR CARGO
    • 215 7 ARRIVALS DEPARTURES Operator FtigM Local tun* From Operator Flight number Local tima For FRIDAY KAL TMA KE697 TL35I 0040 1130 SEL BEY/SHJ NW KAL NW906 KE697 0210 0325 HKG/NRT/ LAX/SFO BKK/ (SEL) FT FT71 2355 KUL BOS/JFK ANC/NRT TPE KAL JAL TMA TMA FT KE698 JL6I5 TM35I TM352
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    • 120 7 SCANDINAVIAN Airlines System (SAS) will expand its services on its intercontinental routes and in Europe this winter starting from Oct 27. i The airline will add a fourth weekly non-stop service between Scandinavia and Thailand. The new Stockholm-Bangkok nonstop will be the airline's first such
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    • 458 7  -  By SHAHRIR ARIFF AIR FREIGHT ACTIVITIES, although a growing sector of Trans-Link Express's business, is still in its infancy. The fast expanding Singapore freight forwarding company expects a higher percentage of its business to go by air in the next few years. While it
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    • 185 7 AT THE 14th annual general meeting of the Singapore Aircargo Agents Association held on Aug 29, Mr George Ho, the managing director of Expeditors (S) Pte Ltd, was elected the chairman of the executive committee for 1965/86. Mr Alec Koh, the managing director of Freightmen Pte
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    • 351 7  -  By LIM SOON NEO A REPRESENTATIVE from Manchester Airport is here this week to try and interest Singapore businessmen in investment opportunities in the north-west of England as well as generate publicity (or the airport, which has ambitious plans to become a major European hub.
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    • 168 7 ROYAL BRUNEI AIRLINES will be holding its 10th anniversary marketing conference in Singapore at the Ming Court Hotel on Sep 24 and 25. Over 40 delegates will meet here to review the marketing performance and look at future plans for all 10 destinations
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  • Page 7 Advertisements
    • 323 7 \jangs Garden Village The Rolls Koyce cf condominiums. FOR LEASE ONLY Stylish Living At Yang's Garden Village, we cater to the needs of the most discerning expatriates. The distinctive architecture gives a foretaste of the luxury you can expect. Beginning with the grandiose lobby, dressed in the finest Italian marble,
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    • 96 7 V if Steel/gold with Diamond bezel. k gerald genta Jssspssl Showroom and Service Centre: Singapore Kuala Lumpur The Hour Glut The Hour Glass Centre point Yow Chuan Plaza •01-21/22 GB/9 Tel: *****98/ Ground Floor *****03 Tel: *****1/ I *****7 Authorised dealers: Singapore Kuala Lumpur The Hour Glaas Lucky Plasa *0136
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  • RAW MATERIALS
    • 164 8 THE MALAYSIAN crude palm oil market was quiet up to midday yesterday as most operators were sidelined awaiting indications on India's weekly tender yesterday. September and October deliveries were quoted at Ms74o per tonne bid and $760 asked, and no trade was reported. The refined palm oil market
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    • 160 8 WHEAT FUTURES on Wednesday closed mostly lower, with only thinly traded spot September showing a V/ 2 US cent gain. July ended four cents lower, at the bottom of a 4 V* cent range. Wheat followed the easier trend in corn values, with few positive influences in the market,
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    • 161 8 SOYBEAN FUTURES on Wednesday eased 2V« to one US cent a bushel at the close of an abbreviated session on the Chicago Board of Trade. November ended near the middle of a five cent range. Sharply lower cash basis levels weighed on prices as farmer sales of new crop
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    • 284 8 Singapore (S$/kilo, ei-godown) Fragrant new crop 1st 078 2nd 0 3rd 054 New Crop 25% no stock 10% 00 s'ock Thai Broken A super 0.54 Special 0 52 Thai Rice 55% no stock China Rice 10% no stock 15% 072 25% no stock 35% no stock Thoi Boiled Rice
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    • 209 8 SINGAPORE THE RUBBER MARKET yesterday closed higher with October One RSS buyers quoted at 166.25 cents per kilo, up 2.25 cents from Wednesday. The morning session gained 0.50 on short-cover-ing following the Inro buffer stock manager's purchase of about 500 tonnes of SMR 20 in the Malaysian market. Prices
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    • 155 8 Chiniti Produce Exchange (Set leu' noon closing priccs on Sep 19 (Sl/100 kg) Coconut oil Bu* FOB 80 00 OW drum FOB 93 00 New drum FOB 97 00 Copro Mixed (loose) 42 buyers Pepper Muntok White FOB NLW 962 50 Sorowok White FOB toq NLW 952 50
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    • 106 8 ACTIVITY was quiet M the Kuala Lumpur Til Market yesterday with the price closing two cents lower at M 551.13 per kilo la the absence of strong overseas support. A rise in turnover to 184 tonnes from 1U on Wednesday also affected sentiment, and did not include any
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    • 164 8 Yarn (In HK$ per bole of 400 lb) China corded yarn, cones Blue Phoenix 16's 2,450 Blue Phoenix 20 s 2,500 Blue Phoenix 32's 2,900 Blue Phoenix 40's 3,330 Carded yarn, honk Blue Phoenix 2l's 2,750 Combed yarn, cones Blue Phoenix 32's 4,100 Blue Phoenix 40's 4,300 Open-end yarn
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    • 908 8 COFFEE ROBUSTA COFFEE FUTURES yesterday continued mixed to midday at up £5 to down £1 a tonne from Wednesday night's close, off the highs of a narrow range in a fairly thin volume. At midday, second position November was £1 down from the previous close at £1,711, after
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    • 367 8 RAS prices in S cents/kg, FOB m tx lies NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 164 75 *****N 166 00 167 00N Int 1 RSS Oct 85 164 75 165 25 166 25 166 75 Int 1 RSS Nov 85 164 00 164
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    • 112 8 (cants/kg. 1-tM p 0<Wn) OCT 85 NOV 85 (current month) (forword month) NOON NOON RAS Buyers S«Her» Buyer* Sellers SSR 20 1 37 50 139 50N 138 50 140 SON SSR 50 135 50 137 50N 136 50 138 SON MRELB 9 6uy«ri Sellers Buyers Stilifi SMR
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  • Page 8 Advertisements
    • 180 8 Qantas. Four non-stop flights weekly to Perth* Qantas offers four non-stop flights each week to Perth, sunny capital of Western Australia. On Wednesday, Saturday and Sunday, flights depart at 22.10. On Friday, we leave at 22.45. And remember, Qantas flies its passengers longer distances than any other airline. It's because
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  • Page 9 Advertisements
    • 384 9 Computers and Communications c&c m Hp .t < m X V fV X 1 1 sK r 4 m Key Telephone for Gcx)d news for progressive businesses! Here are 2 numbers that'll help you make the right connections: Electra 616(5) and Electra 16/48, both sophisticated key telephone systems from NEC.
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  • FEATURES
    • 497 10 HOW YOU VIEW the world debt problem depends on which report you wish to believe, or even which bit of which report. This morning, the World Bank tells us it is easing because US$llO billion of debts were rescheduled last year. That is not US$llO
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    • 1534 10  -  With a capital of $10,000 and lots of grit, two brothers went into the cake business 12 years ago. Their success is obvious. By last year, the annual turnover reached $3 million, half of which was from the more than 400,000 moon-cakes they sold. ZHOU MEI
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  • Page 10 Advertisements
    • 124 10 This weekend, go on a treasure hunt with Tlic I Economist. For the curious and intelligent reader, The Economist is a treasure trove of information not found elsewhere. Every week, The Economist searches out the facts behind the headlines from the highest echelons of power in international politics, finance, science
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    • 172 10 Braised Sea Cucumber in Brown Sauce r* >• N 4 7 dr 9 y ft V Another Sichuan Delight only from Dragon City. Discover some of the finest Sichuan and seafood dishes at Dragon City. Experience the warm and attentive service, so reminiscent of traditional Chinese hospitality and respect. Amidst
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  • Page 10 Miscellaneous

  • SPORTS
    • 429 11  -  By WALTON MORAIS ON THE DAY when 23 aspirants will be trying for the third time to qualify for the Singapore Triathlon, the organisers have planned an event specially for newcomers to the sport. A seminar to introduce this sport a
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    • 273 11 AFP Reuter THE PRINCESS of Wales is to name Britain's 1987 America's Cup challenger on Dec 4 at the Cougar Marine boat yard on the Hamble River in England. The Royal Thames Yacht Club has high hopes of the yet unnamed 12-metre yacht in
      AFP; Reuter  -  273 words
    • 433 11 Body Language WITH SO MANY companies seriously considering setting up employee health programmes, US-based Fitness Systems Inc has conducted a survey of corporate fitness programmes in the US to provide information for those concerned. Continuing last week's theme of potential obstacles to the success of
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    • 665 11 UPI BY SIGNING on the dotted line on Wednesday, Patrick Ewing became one of the richest young men in the US and established the New York Knicks as instant title contenders. Ewing, the prize catch of the collegiate draft, a young giant who
      UPI  -  665 words
    • 322 11 UPI THE BOSTON CELTICS team has declined to comment on a published report that All-Star forward Larry Bird is suffering from arthritis in his right elbow. Celtics spokesman Jeff Twiss declined to confirm or deny on Wednesday the report, and repeated calls to Celtics general
      UPI  -  322 words
    • 120 11 AFP BRITAIN has named an unchanged team for its Davis Cup tie against Israel in Eastbourne, England, from Oct 4 to 6. This is a match which, if it wins, will take it straight back into the international group for next year's competition. Britain was relegated
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  • Page 11 Advertisements
    • 84 11 HURRY TO THE BIGGEST GOLF BARGAIN OF THE YEAR!!! Injunction with our 15th Anniversary Celebrations, we are jpving away big discounts and many attractive gifts. Don't miss this opportunity, as this Bargain Offer wtfl definitely not be repeated. M2MIA. CtftSfOl. COME TO WHERE THE SWING AGTION 15... n=3 PAN-WEST tPTEI
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  • Page 11 Miscellaneous
    • 1270 11 to to mm FRIDAY NIGHT MOVIE Romanes On The Orient Express 10.15 pm, Channel 5 Ex-Charlie's Angel Cheryl Ladd plays an outwardly successful but inwardly shaky American writer who boards the world's most famous train and meets up with her ex-lover. If anything, this lavish production, with scenes of Venice
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  • INTERNATIONAL STOCKS
    • 262 12 Reuter STEVEN JOBS's emotional departure as the chairman of Apple Computer Inc not only deprives the company of its prime visionary but wraps up Apple's transition from an entrepreneurial enterprise to a more conventional corporation, according to US analysts. "Its new
      Reuter  -  262 words
    • 118 12 Reuter RESTAURANT Systems said it has agreed to be acquired by Wendy's International in a transaction giving shareholders 1.187 shares of Wendy's common stock for each share of Restaurant Systems. The price is subject to adjustment if the closing price of Wendy's stock is less
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    • 82 12 Reuter FIRESTONE TYRE and Rubber Co is expecting a restructuring of its North American tyre operations to result in pretax charges of about US$lOO million to 1985 fiscal year earnings. The company will continue to manufacture full lines of tyres and tubes for automobiles, trucks, agricultural and
      Reuter  -  82 words
    • 342 12 Reuter SHARE PRICES ended mixed on Wall Street on Wednesday as technical selling pressures eased but doubts about the economy continued to overshadow trading. Financial futures that have caused recent large selling will expire at the end of the week and analysts said
      Reuter  -  342 words
    • 149 12 SEP IS C$ Hud Boy M*i 49'-. Atxtibi Akon A lyo ma 20% 35 18% unch Inco Int Prov Ppe Int Uts Ken Add I8*« 42% 16% 14% Argoen Hldgs 20>* 29* Lobkiw B 20% 3% Bonk Novo Scotio Be* Canada BP Con Ltd 13 42 31 >■> Mc
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    • 197 12 SEP IS Urvsec 545 Woolworth 1475 unch industkials t^WINGS 820 unch 3300 75 165 -2 Anglos 7606 *****6 unch 470 >5 1390 35 2575 7250 unch 1095 -5 Charter 6306 2300 ***** 10 2306 Cons Murch 1100 25 430 5 1180 15 9800S 200 4925 unch 185 135 unch
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    • 681 12 SfP It US$ Ale on Alumn Aicoo Alegheny Lud Akd Cham Cp Allied Stores A In Cholmers Am Bforvis Inc Am Broodcost Am Con Co Am Cyonomid Am Eltc Pwr Am Express Am Horn# Prod Am Motors Cp Am Natural Gos Am Tel Tel A ma* Inc Amerada
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    • 962 12 Amsterdam sip 1a Fb ABN 500 00 unch Aegon 97 00 inch Ahold 247 20 0 2 Akio 125 00 -04 AMtV 305 20 +0 7 Amtos Amro Bonk 8550 -03 36 10 -0 4 Boh Borsumj 404 00 II Boskoks Bur Tet 107 00 -0 8 Calond
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  • Page 12 Advertisements
    • 418 12 M I? T I m Ss #i=P a *fkSEK I:-.».'. -i NONYA. BUFFET i T Je&j v: *2 as Every Wednesday Friday at Terrace Garden Price: $12.00** Time: 12 noon-230pm Fashion Show: 1.15 pm Models by: Marisalon Modelling < ■■to TV'whif IWin 181, Kitchener Road, Singapore 0820. Tel: *****22. V*
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    • 128 12 London stocks on Pago 17 m Imh* v IF v. a TT?e Lounge Enjoy the world s finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet, Body N Soul from the Philippines. They II captivate you! Happy Hours: spm
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  • ASIAN STOCKS
    • 332 13 HONGKONG: Share prices were broadly unchanged yesterday at the close of a sluggish day's trading, dealers said. The market was still overshadowed by fears of rising interest rates and pressure continued on the banking sector due to concern over bank exposure to the finan-cially-troubled Orient Overseas shipping group, they
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    • 221 13 SEP 19 AJ Smear* Indus Asm Cement MT 3 30 19 40 001 0 1 Lien Hwa Indus Nan Ya Plas PocrfK Cons Pocrfic Elect Wre 1240 24 10 15.20 13.25 0 25 0 2 0.2 23 40 04 1 00 -0 05 Chang Hwa Bank 44 60 unch
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    • 336 13 TOKYO: Tokyo share prices, supported by a slight recovery on Wall Street on Wednesday, edged up through the day and closed higher, dealers said. The market average rose 35.33 to 12,564.99 after Wednesday's 61.85 fall. Turnover totalled 450 million shares against 410 million the day before. Domestic-oriented and pub-
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    • 83 13 MANILA: Share prices closed generally easier in continued dull trading. The Commercial and Industrial Index rose 1.89 to 157.91, but the Mining Index fell 10.53 to 654.63 and the Oils Index eased 0.024 to 0.799. S£f 19 Owntal B PMti B 0.014 unch 0 125 -0005 Ap«x Mining B
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    • 358 13 SYDNEY: Australian sharemarkets closed easier but off the day's lows as initial concern about the government's tax package, to be revealed later yesterday, subsided in afternoon trading. Brokers said buying was based on a belief that any capital gains tax in the package would apply only to purchases made
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    • 87 13 1 SIP 19 Wok 710 15 Hyundai Conn Hyundai Motor M 899 885 445 unch unch Chohtung Bk Commercial Bk 660 721 471 12 1 3 Korea Frit Yukona Korea She 740 1350 418 10 10 -3 Doe woo C<xp 479 644 -1 5 Lucky Ltd Somtung Co 610
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    • 164 13 BANGKOK: Stock prices closed lower with limited trading interest. Brokers said the daily turnover rose to 142,261 shares worth 16 million baht from Wednesday's 67,674 shares worth 14.2 million. The Book Club Index fell 0.06 points to 133.9, and declines led gains by 10 to seven. sir 19 Mm
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    • 57 13 Reuter STATE-OWNED Air New Zealand (ANZ) has sold eight older aircraft, six Boeing 737S and two DCIO- to International Lease Finance Corp of the US for NZ$2OO million. Managing director Norman Geary said the funds from this deal will provide part of the financing for the
      Reuter  -  57 words
    • 257 13 FT THREE SEPARATE Japanesedominated consortia have offered surprisingly low bid prices in the battle to win contracts for building the petrochemical complex of Thailand's partly state-owned National Petrochemical Corp (NPC). Monday's bid opening in Bangkok saw the three groups make offers for the
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    • 129 13 Bernama BANK BUMIPUTRA Malaysia Bhd (BBMB), the largest bank in Malaysia, has launched its tie-up with Bank America Corp to market Mastercard travellers cheques. It is the first bank in Asia to do so. Called the Bank Bumiputra Mastercard travellers cheques, they are available
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    • 107 13 Reuter VICTOR PETROLEUM and Resources Ltd plans to purchase a 30 per cent interest in an operational oilfield in north Sumatra from Union Texas Petroleum. Victor has not disclosed the cost, but said in a statement on Wednesday that the deal was subject to acceptable
      Reuter  -  107 words
    • 47 13 Reuter J HENRY SCHRODER Wagg and Co Ltd is launching a joint venture with Tokyo-based Pacific Technologies Ventures to advise on investment in high-growth, venture capital backed companies in Japan. The new venture, to be called Schroder PTV Partners, will be launched next week. Reuter
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  • Page 13 Advertisements
    • 628 13 M S? m V, m m ai 1 §1/ I ir.P mmm For a Rsranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for only S$ 14.00++ per
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    • 170 13 KIRIN COURT Shark's Fin Businessmen Lunch )IZU (for four persons) 1. Braised Supreme Shark's Fin 2. Stewed Vegetable with Crab Meat 3. Saute Chicken with Black Bean Sauce 4. Saute Garoupa with Celery 5. Braised E-Fu Noodle 6. Sweetened Water-Chestnut Cream Tim Sum also available from $1.60 upwards KlftN COURT
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  • BANKING AND FINANCE
    • 631 14 Reuter JAPAN should create an offshore money market in Tokyo as soon as possible modelled on the New York International Banking Facilities (IBF). In a formal report, an advisory group to Japanese Finance Minister Noboru Takeshita said all authorised foreign exchange banks in Japan,
      Reuter  -  631 words
    • 173 14 Reuter THE INDONESIAN rupiah was fixed at a record low of 1,124 to the US' dollar yesterday, compared with 1,123 on Wednesday. Central bank governor Arifin Siregar said the rupiah is healthy in spite of record lows against the dollar. He said on
      Reuter  -  173 words
    • 357 14 FT Reuter THE WORLD BANK is launching a pilot programme selling loan participation to financial institutions around the world. Its goal is to make better use of its limited capital resources and tap a broader segment of the world's financial markets
      FT; Reuter  -  357 words
    • 67 14 UNITED OVERSEAS BANK will open a new branch in Tampines on Saturday its 62nd in Singapore. The branch in Block 201-E, Tampines Street 23, offers a wide range of banking services, includ- ing the sale of gold, telebank and automated teller machines. Customers can enjoy fully-computerised
      67 words
    • 231 14 Reuter SWISS BANKS oppose any tightening of rules on identification of customers for the sake of preventing crime, officials of the Swiss Bankers Association said. Under a current voluntary accord, banks have to satisfy themselves of the identity of potential customers when accounts are opened
      Reuter  -  231 words
    • 441 14 Reuter THE INTERNATIONAL Monetary Fund will hold substantive discussions at its meeting next spring on greater surveillance of members' policies but can make little concrete progress on this at next month's annual meeting. According to the IMF interim committee's chairman, Mr Onno Ruding,
      Reuter  -  441 words
    • 156 14 Reuter CHINA'S budding insurance industry has been badly hit by natural disasters that have swept the country this year. The New China News Agency reported on Wednesday that the People's Insurance Company, the country's largest insurance company, expected to pay out the
      Reuter  -  156 words
  • MONEY AND EXCHANGES
    • 667 14 SINGAPORE THE US dollar yesterday closed narrowly mixed against major currencies after fluctuating on buying interest and profit taking, in thin late trading. The dollar closed slightly lower at 242.55/65 yen compared with New York's 242.60/70 close, firmer at 2.3975/85 Swiss francs against 2.3940/70 but unchanged at 2.9145/60
      667 words
    • 251 14 Interbank rates at 3pm yesterday: Currencies Nominal rate* Smithsonian Bid Otter Croat parity change Local dollars to one unit of foreign currency: US dollar 2 2080 2 2090 2 8196 •21 69 Sterling pound 2 9311 2 9346 7 3469 •60 10 Australian dollar 1 4970 1 4999
      251 words
    • Article, Illustration
      283 14 Asian market ASIAN dollar deposit rates yesterday closed steady at the opening levels in quiet trading. Period rates were steady to slightly higher at the outset and remained unchanged subsequently with one, three and six months closing at 814 eight, 8-5/16 8-3/16 and 89/16 8-7/16 per cent, respectively. Asian dollar
      283 words
    • 354 14 BA Futures NERVOUSNESS about the projection for announcements of a large increase in US money supply last night, a strong GNP figure on Friday and the relatively poor two-year notes auction on Wednesday night resulted in the December EBr*4«ll»r opening at the Chicago IMM's low of 91.34 yesterday. Strong
      BA Futures  -  354 words
    • 204 14 HONGKONG: GOLD yesterday closed higher on mainly European short-covering, while local investors were reluctant to take positions ahead of the release of the flash third quarter US GNP. The bullion price finished at U*****.30/70 an ounce against an initial 314.70/315 JO and was above New York's 314.80/315.30 close. On
      204 words
    • 75 14 THE OVERNIGHT rate on the Singapore interbank money market rose by 10 points from Wednesday to close at 35 per cent yesterday. The one-month term rate fell by 5Vi points, the two-month rate fell by IVi points while the threemonth rate fell by three points. S$ Interbank rates
      75 words
  • Page 14 Advertisements
    • 346 14 Are you someone who should be well informed about Asia? if your answer is yes we'd like to tell you about a truly unique publication, the FAR EASTERN ECONOMIC REVIEW, that can help you achieve your goal. Now in its thirty-ninth year the Review boasts the largest, most experienced editorial
      346 words
    • 85 14 NOTICE OF REDEMPTION 0 The Saitama Bank, Limited Singapore Branch U5515,000,000 Negotiable floating U.S dollars Certificate of deposit due 14th November 1986 Callable at issuers's option on 14th In accordance with the terms set out in the certificate, The Saitama Bank Ltd, Singapore branch have elected to exercise their call
      85 words

  • SHARE INFORMATION
    • 4299 15 PRICES AGAIN moved ahead across a broad front on the Singapore stock market yesterday in active but erratic trading. The Straits Times Industrial Index closed 10.89 points higher at 777.84 while the BT Composite Index finished 11.80 points up at 662.09. Volume was even
      4,299 words
    • 270 15 SINGAPORE Rises Indices H Looof Oodrt U O 1 HK r« Cm 50< Km Joo 50« GIL*. N < T 0 I S C PfflMftm 0 t CM SO* M T t Smw l« >■11# Omm M 60S 248 280 259 1275 720 545 420 197 402
      270 words
    • 5486 15 SECTION ONE INDUSTRIAL commercial Acmo (I 148) (1) 1.14 (3) I 15 Alcom (0 9IS) (3) 0 84 (4) 0 85 (I) 0 844 (3)0 89 0)0 88(10) 0 91 (2) 0 89 Allied Choc (2.505) (2) 245 Amol Steel 50« (1 156 I 17S)
      5,486 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 763 16 Strong demand for real estate Reuter INVESTORS are continuing to show strong interest in Hongkong's property market in spite of rules imposed by the Sino-British Land Commission, which has been operating since June, according to market analysts. The commission, composed of representatives of Britain and China,
      Reuter  -  763 words
    • 4 16 All-time high
      4 words
    • 480 16 TRADING kept up its active pace on the Kuala Lumpur stock market yesterday, breaking the record turnover set on Wednesday by some 10 million shares. Volume soared to a new high of 49.1 million units worth M 5103.31 million. Share prices, however, closed
      480 words
    • 3729 16 VOUS TRIALS A Choc (2 80S) (1) 2 82 (6) 2 80 AISS (1 03S) (556) 105 (832) I 06 019) I 07 (215) I 04 (40) I 03 Akom (1 048 I 08S) (1) 099 (5) 1,00 (25) 1 01 (8) 1 02 (27)
      3,729 words
    • 329 16 MALAYSIAN Finance Minister Daim ZilnmVlin yesterday warned gambler* not to cash in and dominate the Kuala Lumpur Stock Exchange. In his address at the three-day economic convention of the Malaysian Economic Association held in Penang yesterday, he said the market was showing signs oI
      329 words
    • 252 16 Mor»og*fs' prices for Sep 20 ginaaoora Unit Trust The Commerce 1 80 Th» Sovogi Fund 1 35 S'pore Prog Fund 0 77 S'pore Sec Fund 1.13 S'porc Invest Fund 0 79 S'pore Equity Fund 0 79 1 91 143 '0 82 1 20 084 084 Asia Unit Trust
      252 words
    • 518 17 ANOTHER CONFERENCE on the Unlisted Securities Market (USM), the hottest topic in the investing community today, is to be held next month. The organisers, HR Pte Ltd, has billed it as the first conference on the USM in Singapore but it has been beaten
      518 words
    • 664 17  -  By HOMER CHEN AFTER HAVING expanded its retail business through the takeover of Fitzpatrick's, fast moving Cold Storage Holdings PLC is now making a bid to become one of the largest producers of dairy products in the region. The company
      664 words
    • 69 17 THE INSTITUTE of Banking and Finance clarified that Mr Ronald Brown is a partner from the law firm, Clifford-Turner in the UK. He will be speaking on legal issues concerning the unlisted securities market in the two-day conference starting next Monday at the Shangri-La Hotel. UNITED International Securities
      69 words
    • 741 17 SHARE PRICES continued yesterday morning's firmer trend, further helped by better-than-ex-pected first quarter results from British Telecom. At 3.30pm, the FTSE 100 Index was up 11.6 points at 1,306.4. British Telecom added 8p to 204, BTR 8p to 366, Beecham 7p to 335, P&O 5p to 406, ICI
      741 words
    • 196 17 FORGED SHARE certificates of Magnum Corporation, a pub-licly-listed Malaysian company with interests in four-digit lottery operations and finance, have been sighted. In a short announcement to the Stock Exchange of Singapore yesterday, Magnum has asked all its shareholders as well as the investing public to submit
      196 words
    • 561 17 iMLB MALAYSIAN STOCKBROKING firm Y K Fung Securities has singled out Amalgamated Steel Mills Bhd as a worthwhile stock to buy for solid capital gains. Although the last few years "have not been exactly exciting for domestic steel manufacturers", the industry still offers
      561 words
    • LATEST
      • 67 17 Co (M) Bhd: Group pre-tax profits of M 19.63 million ($11.63 million) on sales of $90.66 million ($100.13 million) for the six months ended June 30, 1985. At the company level, pre-tax profits amounted to $7.38 million compared with $8.38 million. Matsushita said considering the continuing depressed market,
        67 words
  • Page 16 Advertisements
    • 294 16 Offices FOR LEASE HONGKONG BANK BUILDING Superb fully fitted-out office suite of 3,676 sq ft available to lease for immediate occupation. This excellent self-contained office suite is fully carpeted and provided with good quality partitions. The layout provides a prestige reception area, central open plan work area, 2 directors' offices,
      294 words
    • 354 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 186 PURSUANT TO SECTION ANO IN THE MATTER OF BEKS CO. PTE. LTD. At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore 0719 on Tuesday 17th
      354 words
    • 356 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 188 Pursuant to Section 290<2Mb) AND IN THE MATTER OF POSITRON PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road #12-01 12-11 Golden Mile Tower. Singapore 0719 on Wednesday 18th September
      356 words

  • Page 17 Advertisements
    • 318 17 NOTICES la The Matter of lie Campaales Act Cap 185 Ami la the Matter «f S.P. LOW INVESTMENT PTE LTD (la Valaatary Liquidation) Members' Volnatary Wiadiig Up. At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 995 Bukit Timah Road Singapore 2158,
      318 words
    • 145 17 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 185 AND IN THE MATTER OF AIR MARKET PTE LTD (IN VOLUNTARY LIQUIDATION MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 52A, Telok Ayer Street Singapore 0104 on Saturday, 14th
      145 words
    • 42 17 m V The largest manufacturer in South East Asia for power presses, hydraulic Dress brakes and shears with tne latest technology and CNC production facilities. CHHN HQ ENGINEERING LIMITED 19. Benoi Crescent, Singapore 2262. Tel: *****01 (8 lines). Telex: RS ***** 'CHANHO'
      42 words
    • 154 17 NOTICE IN THE MATTER OF I THE COMPANIES ACT," CAP 185 AND IN THE MATTER OF RAFFLES HOLDINGS (PRIVATE) LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185, that a Final Meeting of the Members of
      154 words

  • 194 18 UPI AP DECLARING that the war has begun, Congressional Democrats are planning to take matters into their own hands because of President Reagan's inaction on the country's trade deficit problem. Senate Democratic leader Robert Byrd of West Virginia said on Wednesday that
    UPI; AP  -  194 words
  • 313 18 CHINESE PREMIER Zhao Ziyang has described the level of cooperation achieved between Singapore and his country as only a "good beginning". Speaking at a grand banquet held in honour of the Singapore Prime Minister and his 29-strong entourage, Mr Zhao said both
    Photo by Francis Ong  -  313 words
  • 222 18 THE CHINESE CAPITAL of Beijing is a beehive of diplomatic activity these days. It is a common sight to see official delegations from different countries being entertained. Still, it was evident from the elaborate welcoming ceremony laid out for the Singapore delegation
    222 words
  • 290 18  -  By FOO CHOY PENG THIS WEEK'S changes in the Chinese leadership were described by Chinese Premier Zhao Ziyang yesterday as "a major strategic decision". In his first public statement on the self-renewal within the Chinese Communist Party, Mr Zhao said the move to induce
    290 words
  • 104 18 AIDS MAY HAVE nothing to do with business, but several references were made to it at a oneday seminar in Kuala Lumpur yesterday to highlight the plight of Malay businessmen. The chairman of the Malay Chamber of Commerce and Industry, Dr Nawawi Mat A
    104 words
  • 365 18 A CHINESE provincial body has appointed Major Fong Sip Chee, a Member of Parliament, as an adviser for the economic and industrial development of Tianjin. Major Fong, a former Minister of State for Culture, was officially appointed last week by the Administrative Commission of the
    365 words
  • 512 18 THE WORLD DEBT problem is easing, according to the World Bank, which has reported that the global financial system achieved success in rescheduling debts during the past year. It said that debts of more than US$llO billion by 20 countries were rescheduled last
    512 words
  • 160 18 FORMER DEPUTY Prime Minister Dr Goh Keng Swee has studied the ways to improve five foreign investment zones in China, Chinese Prime Minister Zhao Ziyang disclosed yesterday. Discussing Dr Goh's role as one of China's economic advisers for the first time, Mr
    160 words
  • 93 18 Reuter COMEX GOLD FUTURES gained US$l.9O to $1.70 an ounce in New York yesterday morning, with scattered buying from a lower dollar lifting the market through Wednesday's highs. Gold for December delivery moved up to $321.70 from Wednesday's high of $321.50 be- fore slipping to $321.00,
    Reuter  -  93 words
  • 65 18 Reuter THE NEW YORK stock market turned mixed in early trading yesterday, with more issues advancing than declining. The Dow Jones Industrial Average was down a fraction at 1300 but broader indicators were higher. Advances led declines by a five-three margin on turnover of 9.89 million shares.
    Reuter  -  65 words
  • LATE FILE
    • 36 18 Reuter THE JAPANESE government will ask its tax advisers today to discuss ways of reducing income and corporate taxes to stimulate the domestic economy. Prime Minister Yasuhiro Nakasone said yesterday. Reuter
      Reuter  -  36 words
    • 59 18 Reuter THAILAND'S export revenue will fall by one per cent in US dollar terms this year, compared with a 16.3 per cent increase in 1984, because of the 14.8 per cent devaluation of the baht in November and poor commodity prices. Premier Prem Tinsulanonda's chief
      Reuter  -  59 words
    • 40 18 Reuter IRAQ SAID its warplanes destroyed a loading jetty on the western side of Iran's Kharg Island oil terminal in a low-altitude attack yesterday. It also said two power stations were completely destroyed in separate strikes.
      Reuter  -  40 words
    • 27 18 AFP THE BOLIVIAN government, shaken by a two-week-old general strike in protest against austerity measures, declared a state of siege yesterday. AFP
      AFP  -  27 words
    • 43 18 Reuter BRITISH Prime Minister Margaret Thatcher yesterday signed a £270 million deal to sell high-technology British weaponry to Jordan. The deal followed an accord last week for Britain to sell Tornado fighters and Hawk trainer planes to Saudi Arabia. Reuter
      Reuter  -  43 words
    • 40 18 Bernama MALAYSIAN Justice Datuk Harun Hashim yesterday dissolved the injunctions restraining the MCA from holding branch and divisional elections and general assemblies. He granted the injunctions to MCA leader Mr Tan Koon Swan on April 11. Bernama
      Bernama  -  40 words
  • Page 18 Advertisements
    • 191 18 JACK'S PLACE a place for steak TO ALL BUSY EXECUTIVES: Jack's Place Hotel Miramar is the place for you. Our daily change of Executive Set Lunch Menu is specially created to offer you A Soup Of The Day. Roast item with choice. Dessert and Coffee with refills All these for
      191 words
    • 3 18 Leader... Page 10
      3 words
    • 350 18 Nuts Bolts Seminar for Putting Together A Simple Business Plan That Works November 18 19,1985 Course Objectives To put together a practical plan that work and increases profitability. It will be an item that can be taken to a lender so he can understand your business. For Whom Middle and
      350 words
  • Page 18 Miscellaneous
    • 51 18 wsmim Outlook for today: Cloudy with occosionol showers. Report tor 24 hours prior to 7 30pm on Sep 19 at the airport: Maximum temperature 30.5 Associated humidity 63 Minimum temperature 23.5 Associated humidity 95 Hours of sunshine 1.00 Rainfall in millimetres 7.9 Rainfall this month 78.8 Rainy days this month
      51 words

  • SHIPPING TIMES
    • 87 19 Reuter THE INDONESIAN parliament endorsed a government proposal to eliminate the free port status of Sabang, a port city at the northern tip of Sumatra island. The government had proposed to change Sabang's status to that of an ordinary port and bring it under
      Reuter  -  87 words
    • 340 19 CHANGES IN ASIA'S oil trading patterns are causing tanker owners to invest in smaller vessels, most of them less than half the size of VLCCs, tanker market sources said. The trade is concentrating on ships of 80,000 to 100,000 deadweight tonnes (dwt), which can
      340 words
    • 220 19 Reuter THE HONGKONG government's proposal for an autonomous ship registry has received almost unanimous support from the shipping industry and interested bodies, deputy secretary for economic services Gerry Higginson said. However, shipowners are concerned about the financing of the new registry, he told the
      Reuter  -  220 words
    • PORTSIDES
      • 88 19 AP A SUBMERGED navy of US diesel-powered submarine collided with a merchant ship of Bahamian registry near Pusan, South Korea, on Wednesday but no one was injured, the US media liaison office in Tokyo reported. The 55,973-ton Kansas Getty was at anchor when the 1,720-ton submarine
        AP  -  88 words
      • 98 19 AP SOUTH KOREA'S shipyards received not a single foreign shipbuilding order in August, reflecting the current global depression in the industry, the Korea Shipbuilders Association reported. It said the aggregate of foreign ship orders received this year through August was 636,000 gross tons, down 60.2
        AP  -  98 words
      • 96 19 Bernama SARAWAK'S first locally-built semi-container ship, the 1,450-tonne Kin Line No 1, belonging to the Kin Shipping Line Sdn Bhd was launched on Tuesday. The 57m by 12m vessel costing $2.6 million was built at the Batang Rajang shipyard to the requirements of the internationally-recognised American Bureau
        Bernama  -  96 words
      • 63 19 Reuter THE AUSTRALIAN and New Zealand Eastern Shipping Conference will cut bunker surcharges, effective Oct 1. It said surcharges on shipments to East and South Australia fall to 16.5 per cent from 17.9, to West and North Australia to 20 per cent (20.6), to Papua New Guinea to
        Reuter  -  63 words
      • 53 19 Reuter TAIWAN'S five ports handled 183.3 million tonnes of cargo in fiscal 1984/85 ended June 30 compared with 169.2 million the previous year, the Taiwanese communications ministry said. A ministry spokesman said a total of 17,046 ships called at Taiwanese ports in 1984/85 down from 17,251 in
        Reuter  -  53 words
    • 1018 20 AUSTRALIA Sept 11 Cairns, Mourilyan, Cape Flattery, Mackay All ports working normally. No industrial disputes. Gladstone Grain terminal occupied. Hay Point. Dairymple Bay Working normally. Townsville Labour shortage all week. Newcastle Coal: 3 vessels loading, 3 waiting, 23 due by Oct 8. Grain: 1 vessel loading. Bulk berths:
      1,018 words
    • 425 20 THE VANDERBILT Steamship Company is building a playground for the super-rich on what it claims will be "the most luxurious cruise ship in the world." The passenger ship Borea will be renamed Vanderbilt and undergo a US$l5 million facelift
      425 words
    • 877 20 A Top Ent X 4 AB Shpg V 5 Accord Shpg IX 2 Ateo Line VI 3 Affnity Shpg IX 3 Ahrenkiel Lmer X 1 AC Toepfer X 5 APC Line V 4 APL HI 2/3 Antah Orient X 3 Arrow Lmes X 5 Atlas Lines X
      877 words
    • 1498 20 REPORTS circulated the freight market on Wednesday that higher rates have been paid for grain shipments out of the US Gulf but these could not be confirmed. shipbrokers said. A vessel was believed to have been secured for grain from the Gulf to Japan at around U5411.50 but
      1,498 words
    • 220 21 Reuter WORLD OIL tanker combined carriers in lay-up, idle or under repair including vessels in active at port for two months or more rose slightly to 50.87 million dwt (259 vessels) on Sept 16 from 49.90 million dwt (247) a month earlier, London shipbroker E
      Reuter  -  220 words
    • 359 21 JOHNSON LINE has established a new ship management company to operate foreign-flag vessels with Swedish seamen but with a 35 per cent saving on conventional crew costs. The move is designed to take advantage of new Swedish rules exempting seamen from local
      359 words
    • 311 21 FT HOLLAND AMERICA Line, the Dutch-based cruise ship operator, expects to improve "substantially" its earnings for 1985 in spite of a U*****,000 loss in the first half. The company posted a profit of $11.6 million in
      FT  -  311 words
    • 90 21 Mr WRO Mann, 46, has been appointed technical marketing manager of BP Shipping (South-east Asia). He will be responsible for promoting BP's shipping interests in the region in particular, the use of floating production systems and marine services towards in the support of the offshore oil and
      90 words
    • 190 21 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia. Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      190 words
    • 91 21 AFP FICTITIOUS companies are invoicing shipping lines for equally fictitious services to ships using the Suez Canal, warned Intertanko, the association of independent tanker owners. The invoices are sent from Port Said by various unauthorised firms including one called Suez Canal Maritime Services which is using fake Egyptian
      AFP  -  91 words
    • 3171 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      3,171 words
    • 677 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Zim Eilat HE 209.85 1800 Star Shpg F7 0800-1000 B8 Sind Mariner 1WB ***** 1800 Ned-EAC F7 0900-1000 U5 O Strength 42A ***** 2100 Mansfield
      677 words
    • 1631 27 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprise» Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kmn Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK) American
      1,631 words
    • 439 28 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure KEPPEL WHARVES Dorinco K15 alongside 20 9/2300 Hati Seneng K20 alongside 20.9/0600 Koto Waruna K32 alongside 20.9/1200 Marmga K16 alongside 20.9/1500 Straits Star K24E alongside 20.9/2300 Str Venture K25W alongside 20.9/2300 Waheng K19 alongside 20.9/0600 Xingji K10 alongside 20.9/0600 Aqua
      439 words
  • Page 19 Advertisements
    • 720 19 )@=["|=:@$>?-")?")<]%<%_!/=',!- IHRHSt Htm MROM SMPrW MEMOES (lef. «to. 2421M/00K) rFvll 70 Slwflton Waj #0403 Marina Ho«* S«n«ofe 0707 Tct ***** Tdu NO RS ***** cfS OffCE IPC #03 029 Id *****31 2220J3J terminal OttKt IPC #***** W *****90/*****93/*****01 ORIENT Co*lcu4te/l LINE MIT AH IMOH SHPTW MENCCS SON. M>. PtT«.«G.)AY* T«t
      720 words
    • 64 19 QiMDB THE VANDERBILT Steamship Company is building a playground for the super-rich on "the most luxurious cruise ship in the world." Page II JOHNSON LINE has established a new ship management company to operate foreign-flag vessels with Swedish seamen. Page 111 Index to advertisers II Shipping schedules VIII London freight
      64 words
    • 555 19 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be i forearmed $22.00. THE BOOKSHOP MAERSK LINE MAERSK LINE (SINGAPORE) PTE. LTD. IS NOW BERTHED AT SOUTHPOINT 2 Uwdnm. *****05 Penang Vessel Vov s-po,. EXPORT TO
      555 words

  • Page 20 Advertisements
    • 466 20 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Feeder Vsl GIORY ACE MARIA IRIS ACE FAMIT ACt Vessel *®Y TOR BAY *25/ KA2WAWA MARU *44/ NED CLEMENT «V NED VAN NICK Ml/ Aha Kceptnf c«f* to Dotu I Abu DM* Pacific South Whl Ftadw at Tokyo Mother VSI I A/LB OAK
      466 words
    • 257 20 Il >I'-" Supercarrier Service tend BAftßtß tfCIOR N ROCWSHR BAftßtß I OB* N ROTHMMM BARBIR I*MP* i."■ LJf'BI 23/9 22/9 3/1# 2/U 13/10 12/11 22/10 23/B 2/11 1/11 NM! ARRIVAIjN KUHt HI>AM ?6 bARb(R UXAS 26 9 N ROUtN 16 10 BARBIR PI RSI US 16 10 TO: CALIFORNIA PANAMA
      257 words

  • Page 21 Advertisements
    • 1256 21 The Straits Steamship Group inl Mansfield Container 1 Shipping Re Ltd Overseas Containers Limited KAMAKURA MARU 26/9 27/9 15/1 LIVERPOOL BAT 04/10 05/10 23/1 BENAVON U/10 IS/10 02/1 TOKYO BAT 19/10 21/10 07/1 BENAIDER 27/10 21/10 17/1 CITT Of EDINBURGH 4/11 6/11 22/1 FRANKFURT EXPRESS 11/11 13/11 30/1 HAMBURG EXPRESS
      1,256 words
    • 689 21 Franco Belgian Services {f+r ffli. wv» H Far L »n« I (MEMBER OF ACE CONSORTIUM) mi COWIWtI jjjMCI TO EUMPE FULL COWTMBBHT SOWICE FWM EUCTE STORE PKELANGIe Harve R'dam F Stove Hair B'Hi.m Ant KPTWf CRTSTAI n Sep (23 Sep) 14 Oct lb Oct 17 Oct 1} Oct 20 Oct
      689 words

  • Page 22 Advertisements
    • 425 22 f Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandnavia, Med, Carribean I S. America Inland haulage to inland destinations in Europe I TO EUROPE/MED Sport PKeiant Penang 1 fikxsßdbao Genoa Hburj Rdarn Bhaven A »erp Soph* Rickmers 29/9 2/10 4/10 Rent* Rickmers 11/10 13/10 15/10 Mai Rickmers It/10 11/10 20/10
      425 words
    • 364 22 IC S LINE aoat* s* '•*>*. »rsu**j FULLY CON TAINERISED SERVICE TO EUROPt VIA SUEZ 1 „t me Ace Comortmi NEPTUM OtYSTAI. 31W KOREAN CHANCE 23* SEVEN SEAS BMW 52W CHEVIM PAUL UN Span PHHwt IcHant dam Fitem HW| Ant.wp 25/9 (23/9) 14/10 15,10 17/10 19/10(72/10) 2/10 (30/9) 21/10 72/10
      364 words
    • 629 22 Hai Sun Hup Co (Pte) Ltd Am./ xel *****06 (20 Lines) TL* R*****1 ***** v i t i:\sn:ii\ \k i.i\i:h. i.m Specialist in RO/RO Service Accepting heavy-fifts upto 80 K/Tons Sailings from Japan Vend Sparc PMinj MSSHO MAM) *45 SjM SJM CM IMR NO 1 *73 SJM SjM SJM SJ*
      629 words
    • 836 22 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) US WEST COAST SERVICE FEEDER VSL f«» 6ATHEK EVER GUH EVEI Govern ever glory ever of no EVE* GLEAMY EVEI GRAND EVER LMK EVER LAUREL EDO lyric EVER LOADMG EVER INK EVEI LMKRK 4/9 E*R GRADE
      836 words

  • Page 23 Advertisements
    • 931 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL KOTA JAVA KOTA MUTIARA KOTA SINGA KOTA MEGAH KOTA WIRAWAN KOTA WANGSA VESSEL CASON COLOSSUS KOTA MULIA VOYAGE E-561 27-28/9 E-567 22-23/9 CP/33/OS 20-21/9 ESIS 1-2/10 E-583 7-0/10 E-509 10-11/10 HONGKONG SINGAPORE LOADING
      931 words
    • 830 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTMENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM BIMVENRDAM HAVRE STOH Liverpool Bit Sa«ed Saied SaioO Saied SJ*tO Beiuvon M Saied SM SjM SM lotto Bit SjM Saied Saied Saied Saied Benaider Saied W 20/9 22/® 24/9 i Kitano Man 16/9 2*/) 21/9 23/9 25/9
      830 words
    • 564 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE CONTAINER SERVICE BUSAH YOKOHAMA AOH KAOHSJUNG HK STOW HAIAf AMI V?« HB 11/® 14/9 U/» 22/9 tt/i GOWA V24HB 23/ i X/i M/» 2/lt 4/11 S'PORE TO JAKARTA/SURABAYA CONTAINER SERVICE TO EUROPE WEST BOUND i— Sim tUM) MO IMM/ U*
      564 words
    • 632 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore PAeianc Penanf Lasfe V4SN 20/22 Sept 20/22 S«pt Malacca Phashwegyawywa V2SIW 24/2S Sept Mawtamyanc V2SW 6/9 Oct 22/27 Sept 21/3 Oct P. Gudanc Htoneywa V 205 7/9 Oct 4/6 Oct Bassen V7SW 27/28 Sept BANK LINE CLYDEBANK
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  • Page 24 Advertisements
    • 1213 24 K LINE KAWASAKI KISEN KAISHA. LTD.I SA& CANADA PACIFIC COAST (InHuding DESTINATIONS INLAND via IPI Ml( KOBKUMiK MINILAND KkllH.K) AISO ACCEPTING MONIREAI TORONIO AND OTHER US PACIFIC. GULF. ATLANTIC PORTS N INLAND PORTS ATLANTIC COAST FEEDER/ MOTHER VESSEL ASIA STAR V4O TOHBEI MARU VB2 TRANS WORLD BRDGE V26E TOHBEI MARU
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    • 536 24 .//tf CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE 104** to lOSANUUS SAN fRAICtSCO SIAIIU ?AIOMA VANL'OUVIR BC Atirptini" fCI rC! Cont*flpr> P Stngjpo(p Angptps IARAtfWU tj/ji i| Oct AUSTRALIA EXPRESS CONTAINER SERVICE JAPAN SERVICE loMknt tor Kobe Vokoiumj Nj|oyi Osaki Mop AKo c<h lawan S Rati Pfnjnf P KeUflf S«|jpo>t
      536 words
    • 572 24 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD Kaani lung Pioirnciji B*» BuMm( 60 Cecil Sheet SINGAPOIH 0104 Til *****90 110 IMS) Tel Ruata i umpuf RO2U P Retanf 11/ Ml Pentnt JiMU Pjm Gudj«| Ajent OMNI KOTO (Ml SON BHD TEI ***** STRAITS/PERSIAN GULF SERVICE: S poie P Ming Penang
      572 words
    • 486 24 4, INTRASEA (PTE) LTD 10 Anson Road "27 16 Internationa' Piaza Singapore 0207 Tel *****1 1 (1 0 L>nes) <► BREAKBULK SERVICE TO EUROPE/UK I P.T PERUSAHAAN PELAYARAN T KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTWATIOH NAGA XXI Voy 19/S5 19/20 Sep lakarti/Cirebon MA6A XXXXI Voy 16/S5
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  • Page 25 Advertisements
    • 913 25 a NOL NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandinavia N CRYSTAL S'pore Closing Times FROM EUROPE (VIA SUEZ) up Havre Singapore P.Kelanj CPAUI4SE Sailed 24/9 (26/9) TW BRIDGE 26E Sailed 1/10 (3/10) C CONTAINER 31E Sailed 8/10 (10/10) CR PARIS IE 25/9 15/10 (17/10) HK CONTAINER 46E 2/10
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    • 561 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON SPiIW »UNIS NEPTUNE AGENCIES Pit 110 Tel ?***** ?/BVJ4 (Booking! ???/blO (Operations) ??09?84 (Ifrnwijll ??0?4S0 ??0?S04 (CfS) Mm »YM« »UNIS IIINAS SHI* SON BHO HI Id *****0 *****4 PK Irt PEN lei 36/375 3674/5 CEYLON SHIPPING
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    • 849 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sincapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P. KELANG PENANG M/S SHARKAT NAH SOON SOU BHD IST ANO ?NO FLOOR. MESSRS HAI THONG SHTPMG 127 Penang
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  • Page 26 Advertisements
    • 832 26 Kcyiwnal Cimtniiirr LiiM's '*mS!mS r tl 4 Sailings weekly |_yH I) Fast Reliable Regular Punctual Berthing P.S.A. Mon, Tue, Thur. Sat VCSSCL Sill BHUM SE* FORTUNE PtY* BHUM BUNG* KEMUNNG SKI BHUM St* GLORY (MY* BHUM BUNG* KEMUNNG SKI BHUM SEA FORTIM PIT* BHUM BUNG* KEMUMNG SKI BHUM SE* GIORY
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  • Page 26 Miscellaneous
    • 181 26 t, Regional Weather m m a: m m i H X m r 4! ft ft 3! M A K iV US 5S £>/ BS is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature c X\ Weather Wind direction with speed in knots y Shower
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  • Page 27 Advertisements
    • 344 27 1 W EAST ASIA LINE (Malaysian Flag) Regular Lkwr Soticm B«tw««n M'SIA/S'PORE/INDIA P. Kelong Penonq S'pore Ldg for AMAH 20/9 CWtjfonf NO A PER TAMA Sated Sated to Port Bombay REGULAR JAPAN/STRAITS/JAPAN SERVICES L ARBOR 30/5 Na|/Rob«/ Yokohama EAIT HSU SHPPMG SON. BHD. P.K. TA *****2/36 MFBC XI. Tot S3BIII/*****0
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    • 183 27 AFFINITY SHIPPING PTE LTD TEL: *****00 TLX: ***** STLMC ETA ETD Lw(Snf far TBN 20/9 Ant "»i* ports/Monckont FLAG-lATAIESE CLASS—NK LAST SPECIAL SURVEY PASSED JUNE 1955 "Vrgt MENG HORNG SHIPPING PTE LTD F"' TEL: *****47/S, *****45 Tlx: RS ***** HWICO ACCEPTING LCL TO CHITTAGONG REGULAR SERVICE TO WWA PORTS Vessel
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    • 516 27 OCEAN BRIDGE SHIPPING PTY LTD, FREMANTLE REGULAR SAILING TO FREMANTLE MV HELEN COAST ETA 5/10 ETD 7/10 iGwji Imkov Shipping Co Pte Ltd. 11l Cad SI Tm| fnj Mf S«(*»re til LIN LIN SHIPPING PTE. LTD. 1. Magazine Road. »OS-M. Central Building, Singapore 0105 Tal: 533M14 I *****22 WEEKLY SERVICE
      516 words

  • Page 28 Advertisements
    • 320 28 [ies»Xy Security Freight Systems Pts Ltd I 14A BENOI SECTOR. SINGAPORE 2262 TEL: 264-1388 TELEX: RS ***** MOVEIT ETA S'PORE ACCEPTING FCL A LCL SYO, MLB, ME. MX.. FRE ALL NEW ZE/U.AM) PORTS ALL MAJOR PORTS N EAST. NEST t GULF PORTS EUROPE. UK PORTS HONGKONG. BANGKOK. CHMA MP AN,
      320 words
    • 427 28 F-L ten? PERSIAN GULF PORTS I 23/9. 21/9. 4/10 I 12/10 FINE-LINER SHIPPING PTE LTD Henderson Road. Blk 2038 -01 06 Henderson Industrial Park. S pore 0315 TEL *****82/*****62/*****52 IEEEZf^LI* FAR EAST PORTS 26/9. 3/10. 12/10 23/5. 21/9 5/10 KDOAH ftQAM HOKDAH F3E 29/9". 19/10 23/9. 26/9. 10/10. 24/10, 6/11
      427 words
    • 662 28 C.Y. LIKE (A Mtmbir Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD FU.LV COMUOtSED SERVICE 10 EIMK (VW SJH) NEPTUNE CATSIAI JIN KOREAN CHANCE ?3W Sf«N SEAS BRDGE ¥528 CHEVALf* PAW 44N Sp., 25/9 7/11 J/10 li/10 LeH««t Adam fstowt H'bwf Brm Antmip 14/10 15/10 17/10 10/10 70/10 77/10
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    • 787 28 A i tiding to< CaAao Mataiam *o and J* othf- Penman ports will transhipment il Hot* On CPV Ttvougti Ms ol lading to Imal destination A Penanf* f KeUof Seaport jj MANOLOEVERETT 22/23 Sep J JOH*YERETT 30/2 Oct 3/4 Oct g MURRAYEVERETT 5/§ Oct W "EVERETT ORIENT LINE"g JAPAN/BAY OF
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    • 335 28 ZIM NON-CONFERENCE WCPOOEMT FULL CONTRMER SOMCE cargoes to USA East 1 Nest Coast. Carribbeanlast Canada FEEDER VSI Kcepto* and HMD -yT\ ZIM EH.AT CONTAINER LINE S'pvt Flat limit Hmci fraM m sMGAfott m 9/10 11/ ii u/io w/ie 22/10 M TMESTF 11/11 24/10 2/11 1/U 31/10 «/U Acceptmf FCI To
      335 words