The Business Times, 26 September 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, SEPTEMBER 2S, 1185 75 CENTS
    12 words
  • 110 1 UPI MOST AMERICANS disagree with the government's trade policy and want Congress to impose import barriers even if it means higher prices for consumers, according to a media survey. The telephone poll, conducted from Sep 19-23 by the ABC television network and the
    UPI  -  110 words
  • 222 1 AP CHINA WILL SIGN a US$5OO- deal with two US companies to develop a natural gas field near Hainan Island, the biggest single foreign investment in the country under Beijing's seven-year-old open policy. Atlantic Richfield Co, which discovered the field in 1983, and Santa
    AP  -  222 words
  • 522 1  -  American computer giant to assemble lie systems By AMY BALAN APPLE COMPUTER is growing in Singapore. The US-based personal computer giant is planning to transfer a significant amount of the assembly production of its popular Apple lie to the Republic. The Apple facility here will
    522 words
  • 153 1 Bernama THE THRILLS and spills of a ride along one of the rivers in Sarawak will excite a tourist more than the prospect of staying in a posh hotel in Malaysia, an American information official said in Kuching yesterday. Malaysia's natural beauty and its unique
    Bernama  -  153 words
  • Article, Illustration
    89 1 PROFIT-TAKERS, who brought share prices down on the Singapore stock market yesterday morning, were chased away by a fresh host ef baying in the ofter•oon, resulting in a mixed close. Baying came mainly from the Malaysian side. Although Malaysian stocks continued to be the centre of activity, some
    89 words
  • 427 1 ATTEMPTS to reschedule repayments of $140 million of bank loans by the Lamipak group have failed, and directors of the company have decided to put the company into provisional liquidation. But while international auditing company Deloitte, Haskins Sells was yesterday appointed provisional liquidator for the plastic
    427 words
  • 53 1 IN THE BT REPORT on Lamipak yesterday, it was stated that DBS Bank was one of the company's major bankers. The bank has pointed out that it has no such connection with the company. Its subsidiary, DBS Finance, has a small loan extended to the company. We apologise
    53 words
  • 887 1  -  By MANO SABNANI A DETAILED action plan is being drawn up for the implementation of the various proposals agreed upon during Prime Minister Lee Kuan Yew's 13-day trip to China. The focus of the plan will be one or two major projects to
    887 words
  • 273 1 AFP PRIME MINISTER Rajiv Gandhi yesterday announced a major Cabinet reshuffle in New Delhi, in which he shed the foreign affairs portfolio and assumed the post of defence minister. Mr Gandhi inducted 15 new ministers and dropped six of his former
    AFP  -  273 words
  • Page 1 Advertisements
    • 213 1 A WATERMAN PARIS Writing instruments of distinction since 1884 Trade enquiries: Ifel: *****33 Name the 'Junior' stock market contest WHAT's in a name? A great deal if it is the wrong one, and Hock Lock Siew believes it would be misleading to call the proposed 'junior' stock market the Unlisted
      213 words
    • 261 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV A RAOIO DOONESBURY BRISTOW OUR VIEW THE INEVITABLE SCRUTINY of Singapore's wage bill and bargaining process has begun. In the wake of the new thinking, wages must reflect the profitability of companies. The unions will have to ensure thot its
      261 words
    • 0 1 }:|`]='$~*<'&*|){.=),:<|,&($)>|
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    • 110 1 BEHWD EVERY SONY PRODUCT IS SONY Service *****11 SONY THE ONE AND ONLY Cooperation with China •ntors now phaao, Back Pago HELP WANTED K *b li Have you outgrown your small business computer, or are you just thinking about computerising? At Business Computers, we can provide you a complete solution
      110 words

  • HOME NEWS
    • 499 2  -  Industrial sector shows strong growth By BRIAN GOMEZ Industrial Correspondent DOMESTIC EXPORTS of electronic products last year rose 26 per cent to a record $8,466 million. Total output of the electronics sector rose 33 per cent to $9,354 million, according to data from the
      499 words
    • 178 2 THE PUBLIC WORKS Department will begin work on the extension to Temasek Junior College by the end of this month. This is the second junior college to be upgraded by the PWD, the first being the extension to National Junior College, which was completed in
      178 words
    • 213 2 AN APPEAL to voluntary welfare organisations to open their doors wider to destitute people was made by Dr Ee Peng Liang, the chairman of the Board of Visitors, yesterday. Speaking at a seminar for volunteers in the community destitute persons
      213 words
    • 308 2  -  By ANNA TEO THIS HOLDEN COMMODORE is due to arrive at the Australian High Commission this evening after a 784-km drive to Kuala Lumpur and back. And it would have travelled the distance without a drop of engine oil. Definitely
      308 words
    • 218 2 Bernama THE MALAYSIAN Tourist Development Corporation, with the cooperation of a private company, will organise a tourist exposition in Singapore on holidaying in Malaysia from Dec 11 to 15. The chairman of the Johore subcommittee on holidaying in Malaysia, Mr Iskandar Pino, said the exposition
      Bernama  -  218 words
    • 94 2 A CONFERENCE on aviation safety Asian Aircraft Engineering and Maintenance Conference '86 will be held in January next year at the Hyatt Regency Hotel, Singapore. Topics to be discussed will include air safety, effective maintenance, innovations in material, processes and engineering technology. Aircraft manufacturer Boeing will present
      94 words
    • 309 2 A MARK of recognition for well-designed Singapore products emerged yesterday with the announcement of the winning logo by the Trade Development Board. The logo was submitted for a competition organised by the TDB to find a mark which denotes creativity, simplicity, originality, and profitability.
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    • 281 3 Adverse trend not deterring expansion of McCannErickson McCANN-ERICKSON, the advertising agency, is set on course to make 1985 a profitable year although the advertising industry, like the other service sectors in Singapore, is being hit by the current economic slowdown. Bucking the trend which has dealt a blow to many
      281 words
    • 260 3 THAYNE MADRID has been appointed the general manager of Landor Associates, Singapore. Before his appointment, Mr Madrid was the account group director on Singapore Airlines with Batey Ads Pte Ltd. He studied at UCLA and Art Center College of Design in Los Angeles. TAY SIN FON has
      260 words
    • 285 3 SINGAPORE MOTORISTS will be the first outside Japan to test a revolutionary new tyre developed by Bridgestone Corporation of Japan. Bridgestone's agent, Hong Leong Corporation, will introduce the new tyre design, named the Rolling Contour Optimization Theory or RCOT, with an initial 12,000 tyres for
      285 words
    • 585 3  -  By LISA LEE THE PUBLIC WORKS Department expects to complete all major road and expressway systems throughout the island by 1990. While proving a major bonanza for building contractors, these plans will require the acquisition of many properties and resettlement of those
      585 words
    • 48 3 THE IMPORTANCE of training policies and the selection of external courses relevant to corporate planning will be the topics discussed at the third public forum organised by the SDF on Oct 7. Registration for the talk can be directed to the SDF on telephone number *****44.
      48 words
    • 109 3 PORTON INTERNATIONAL, an organisation with an international reputation for its research in biotechnology, will participate in Biotech '85 Asia, an international conference and exhibition. Organised by Online Interna- tional, the conference will be held from Nov 27 to 29. The chairman of Porton
      109 words
  • Page 2 Advertisements
    • 164 2 You're ahead from the start on Northwest Orient. After a convenient shuttle flight from Singapore to Kuala Lumpur, you fly direct to San Francisco or Dallas. Or from Tokyo, you can fly Northwest Orient nonstop to New York, Chicago, Los Angeles. Seattle or Honolulu. But Northwest Orient gives you more
      164 words

  • Page 3 Advertisements
    • 148 3 WORLDWIDE COURIER Changing the way the world does business. OidinaryAisles ro 1 I li ExhaoadinaryAisk 0 w Is H M li M The revolutionary E.A.S. shelving system is mounted on rails for extra mobility. The shelves can be moved by hand, crank or electrically driven, and only one aisle is
      148 words
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      66 words

  • Page 4 Advertisements
    • 198 4 Automatically, the choice on fax is clear The selection of the right facsimile depends not only on the product features. It nas to depend on reliability. And reliability in all Panafax facsimile is the result of research and development at Matsushita Electric, the parent company of National Panasonic and Technics.
      198 words

  • OVERSEAS
    • 309 5 Reuter SIKH EXTREMISTS used lunch-box bombs, death-threat letters and poisoned food in a last bid to scare away electors, but voting in Punjab's state elections got underway on schedule yesterday. The Press Trust of India (PTI) news agency said in Amritsar that
      Reuter  -  309 words
    • 785 5 ARRIVALS Operator Service Locol From number time PAA PA2I/5 0020 LAX/TYO/ HKG RBA BI443 0330 BWN LUFT LH688 0105 FRA/DXB MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH605 0930 KUL MAS MH8II 0940 PEN AC AC858 0940 YYZ/LHR/ BOM RBA BW21 1030 BWN SIA SQ103
      785 words
    • 139 5 AFP JAPANESE Prime Minister Yasuhiro Nakasone said on Monday he understood the feelings of Chinese students who staged anti-Jap-anese demonstrations in Beijing last week and that Japan would not become a military power. Mr Nakasone made the remarks in an interview videotaped by the
      AFP  -  139 words
    • 198 5 AFP OIL HAS BEEN discovered in significant quantities for the first time off the Indonesian island of Sulawesi. The state oil company Pertamina said yesterday the US company Union Texas (Southeast Asia) Ine had struck oil in the 5,700 sq km Tomori block off
      AFP  -  198 words
    • 97 5 Reuter EGYPT has pressed the US for relief on high interest payments on military purchases, but the US has no plans to soften payment terms. US officials said Egyptian President Hosni Mubarak complained during talks with President Reagan on Monday that high interest rates which Cairo
      Reuter  -  97 words
    • 291 5 NYT CHARLES HERNU, the former French Defence Minister, was on Monday accused of having given the orders that led to the sinking of the Rainbow Warrior, the anti-nuclear protest ship, in Auckland harbour on July 10. A front-page article in Le Monde,
      NYT  -  291 words
    • 190 5 AFP PROPERTY GIANT Hongkong Land's managing director, David Davies, on Tuesday made encouraging remarks on the reviving Hongkong property market. Mr Davies said that principal property owners in Hongkong, including Hongkong Land, would soon "benefit from a classic property squeeze". The buoyant property sector,
      AFP  -  190 words
    • 430 5 Draft five-year plan released Reuter UPI DESPITE PREDICTIONS of a mounting trade deficit and fears of creeping capitalist influence, China will forge ahead with its market-style reforms and open wider its doors to the outside world under a proposed 1966-90 State plan unveiled yesterday.
      Reuter; UPI  -  430 words
    • 218 5 FT CHINA'S 14 "open" coastal cities and its four special economic zones (SEZ) are "encountering difficulties in use of funds and hard currency", according to the Chinese official who has overseen the implementation of the open policy. State Councillor Gu Mu told the Chinese magazine
      FT  -  218 words
    • 574 6 UPI NYT THE VALUE of the US dollar will have to drop about 20 per cent against foreign currencies to make US exports competitive in world markets, says US Commerce Secretary Malcolm Baldrige. Mr Baldrige, in a breakfast meeting with reporters
      UPI; NYT  -  574 words
    • 278 6 NYT THE INTERNATIONAL Monetary Fund has reported its first net deficit from operations in nearly a decade, reflecting the delinquency in repayments by four countries. The 148-nation agency, which lends to financially pressed countries to help them pay their international bills, said
      NYT  -  278 words
    • 274 6 UPI THE REAGAN Administration may ask Paul Volcker to leave his post as the chairman of the Federal Reserve to become the president of the World Bank, said the Washington Post yesterday. The newspaper added that the term of World Bank president
      UPI  -  274 words
    • 226 6 AP THE UN High Commissioner for Refugees said on Tuesday that his agency had been hit by a financial crisis that could force it to reduce essential aid to 10 million refugees unless more money came in soon from donor countries.
      AP  -  226 words
    • 435 6 UPI BRAZILIAN BUSINESS and government leaders have predicted that the falling value of the US dollar could bring the country an export bonanza and ease payments on its US$lOO billion foreign debt. "The decision (to reduce the exchange value of the dollar) is
      UPI  -  435 words
    • 161 6 AFP SOVIET FOREIGN MINISTER Eduard Shevardnadze plans to propose in talks with US officials that both sides reduce their strategic nuclear missiles and warheads by 40 per cent. The Washington Post and the New York Times yesterday quoted congressional and Soviet sources as saying that Mr
      AFP  -  161 words
    • 535 6 Reuter THE US and the principal international lending agencies are preparing to offer Mexico emergency loans that may total nearly US$3 billion, US officials and other sources said on Tuesday. It was not immediately clear, however, if the series of loans was
      Reuter  -  535 words
    • 170 6 AP FORMER US Secretary of State Henry Kissinger said he had instructed the White House not to negotiate for his release should he ever be kidnapped by terrorists Mr Kissinger, during a panel discussion on Tuesday of how the press handled the TWA hijacking in Beirut,
      AP  -  170 words
    • 206 6 AFP THE FOREIGN AFFAIRS select committee has recommended that Britain should not carry out its threat to withdraw from the United Nations Educational, Scientific and Cultural Organisation (Unesco) at the end of this year. In a unanimous report submitted in London on Tuesday, the
      AFP  -  206 words
    • 333 6 FT WEST GERMANY'S strong trade and current account surpluses would enable the country to weather a fall in the value of the US dollar with relative ease, said Martin Bangemann, the country's economics minister. In a report produced in the wake
      FT  -  333 words
  • Page 5 Advertisements
    • 8 5 Pan Ant's New Clipper Class Dailylb Los Angeles.
      8 words
    • 115 5 WTi.k. in 4 > a From 551.750 to SSI 6.300 Steel/gold with Diamond bezel Showroom and Service Centre: Singapore The Hour Glass Centre point •Ol 21/22 Tel: *****98/ *****03 Kuala Lumpur The Hour Glass Yow Chuan Plaza GB/9 Ground Floor Tel *****1/ *****7 Authorised dealers: Singapore Kual The Hour Glass
      115 words
  • Page 5 Miscellaneous
    • 52 5 Doonesbury SAL, tM SURE MIKB.KUEVe IF YOU GUYS Mt.TkBFLAMER JUST TALK ANPIHAVB J IT OUT.. NO7HIN6 TO TALK &*t^'OUTJ m 2S I n. m 4 bmmbm iMU m trW I i G ft BY GARRY TRUDEAU LOOK, *****1N YOULL NEVER MTH.TMNOT make an enA MORNING TFSPRBNEUR, PERSON.. SLEEPY HEAP! S
      52 words

  • Page 6 Advertisements
    • 190 6 Kangxi Lounge '%> %t rt* I* < V, f y w M I i > > .-<. 1/ to Marquez Chamber Strings Only $3 fcr a drink So what are you waiting for? I ft* The Perfect Notes If A whisky for only $3? Unbelievable but true, we're charging $3
      190 words

  • BANKING AND FINANCE
    • 727 7 SINGAPORE The US dollar closed steady to slightly lower yesterday against major currencies after fluctuating within a narrow range throughout in thin trading. The dollar closed a shade lower at 2.7065/80 marks compared with New York's 2.7120, 40 close, at 229.45/60 yen against 229.60/70 but was little changed
      727 words
    • 239 7 Interbank rates at 3pm yesterday: Currencies Nominal rates Smithsonian Bid Offer cross parity chang* Local dollars to one unit of foreign currency. US dollar 2 1560 2.1580 2 8196 -23 54 Sterling pound ***** ***** 7 3469 -58 05 Australian dollar 1 5253 1 5289 3 4286 -55
      239 words
    • 121 7 THE OVERNIGHT rate on the Singapore interbank money market fell by six points from Tuesday to close at 9 per cent yesterday. The one and two-month term rates fell by '/2 point each while the three-month rate fell by V* point. S$ Interbank rates at 3pmr yesterday: Offer
      121 words
    • Article, Illustration
      399 7 Asian market ASIAN DOLLAR deposit rates closed slightly lower yesterday compared with Tuesday's levels after a day of quiet trading. Rates were depressed by news that the Fed had added reserves into the US banking system through US$3 billion of customer repurchase agreements. Market speculation that the Fed might ease
      399 words
    • 266 7 HONGKONG: The metal closed lower in moderate trading yesterday on profit-taking. There were no fresh factors in the market, which was dominated by the movement of the US dollar. Bullion closed at U*****.70/329.10 an ounce compared with New York's $330.10/60 close and the $328.60/329.10 finish here on Tuesday. On
      266 words
    • 364 7 BA Futures SUPPORTED by the US Federal Reserve's injection of reserves through a $3 billion customer repurchase on Tuesday night, and in speculation of a US discount rate cut soon, December EaraMlar opened sharply higher at 91.80 on the Simex yesterday. Buy-stop orders pushed the contract quickly to the
      BA Futures  -  364 words
    • 293 7 SINGAPORE'S drive to establish itself as an international fund management centre has the backing of Swiss bank Nord-finanz-Bank Zurich. This assurance was given yesterday by Dr Kurt Schiltknecht, the general manager of Nordfinanz, which is well-known in Switzerland for its expertise in portfolio
      293 words
    • 565 7  -  By BRIAN GOMEZ HONGKONG'S new legislature is bound to increase taxes to improve social services in the colony in the lead-up to the takeover by China in 1997. In a wide-ranging paper on "China and Hongkong: The equation up to 1997 and after" Mr Leo
      565 words
    • 327 7 Reuter BUNDESBANK president Karl Otto Poehl has not ruled out further falls in West German interest rates if the marie strengthens against the dollar. But he told a political forum in Bonn on Tuesday that while the West German central bank aimed at
      Reuter  -  327 words
  • Page 7 Advertisements
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      59 words
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      191 words

  • FEATURES
    • 487 8 THE INEVITABLE SCRUTINY of Singapore's wage bill and bargaining process has begun. In the wake of the new thinking, wages must reflect the profitability of companies. It comes as no surprise that the whole mechanism for wage bargaining has to be revised. In the past
      487 words
    • 808 8 By KSR JUST IN CASE anyone feels that Printemps is breaking new ground in allowing wives, mothers and girlfriends the chance to raise the sartorial standards of their menfolk with $500 worth of gear, be assured there is nothing new in the idea. The concept
      By KSR  -  808 words
    • 1253 8  -  Letter to the Editor Looi Boon Teek Dear Sir, In 1972, when the National Wages Council was established, it attempted to streamline wage payments in the private sector. In its first recommendations, it offered the private sector two "options". Under Option I, companies can
      1,253 words
    • 1503 8  -  Anyone who thinks fish farming is easy and brings quick profits is in for a disappointment. ELAINE KOH discusses with fish farmers and the Primary Production Department the current state of the farms. ELAINE KOH PUT DOWN $200,000 and own a fish farm. This
      1,503 words
  • Page 8 Miscellaneous
    • 647 8 CRYPTIC PUZZLE ACROSS I They hove centrol cold runntng water (6) 7 To be really good, it's best not to stort cheating (3, 5) 8 Her Italian is capital' (4) 10 Tradesman hanging around 1 (6) 11 Possibly anoint people (6) 14 Some front page news is mtormotive (3) 16
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    • 44 8 BriStcW: Rank Lhcfcens I u)eu.,ueu- SIR fiesifJpiLD cnesTei? PePKy,ooß sexoveD FIRfTVS F&ONOeR, HftSDtCDCD To Ppy US ft VISIT we aughts n? o m ws rTfcH -SHOhJ.'J I ROLLS ROYC£... H£ v I crosses TH€i pßveme.nr i AND M£ eNTERS TWe O) fcU'LDIMG JAI ikJft
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  • SPORTS
    • 415 9 AFP SEVERIANO BALLESTEROS is back in England after winning his fourth event of the year, in Barcelona on Sunday, to defend his Suntory world matchplay championship. The Spaniard made it clear yesterday that Europe would be getting more of his attention in future
      AFP  -  415 words
    • 270 9 CLIFF THORBURN, who basked in snooker's limelight on Sunday when he won the Scottish Masters title, came down to earth with a bang on Tuesday. Canada's world number two player had to labour for 1% minutes to overcome Dave Martin, ranked 29th, 5-3 in the
      270 words
    • 93 9 Reuter SIR JACK BRABHAM, Australia's world motor-racing champion in 1959, 1960 and 1966, officially opened the Adelaide Street Circuit on Tuesday where the inaugural Australian Grand Prix will be held on Nov 3. Brabham, 59, toured the 3.78-km circuit through suburban streets in the Repco-Brab-ham in
      Reuter  -  93 words
    • 364 9 AP THE 14 SYNDICATES yearning to face the Australians in the 1987 America's Cup have settled on a racing format to decide which of them will tack and jibe for yachting's greatest prize. The most significant development of two days of meetings that ended on
      AP  -  364 words
    • 287 9 AFP JOHN BERTRAND, who made yachting history by guiding Australia to victory in the America's Cup at Newport two years ago, is less than confident about his country's chances of retaining the trophy in 1987. Bertrand, the successful skipper of Australia 11, said in Perth on
      AFP  -  287 words
    • 154 9 Reuter WEST AUSTRALIAN millionaire Alan Bond will launch his latest yacht for the defence of the America's Cup tomorrow. Bond's Australia m will be launched in Fremantle, Australia, at the venue for the 1987 cup challenge, the second anniversary of Bond's historic
      Reuter  -  154 words
    • 96 9 UPI GEORGE MOORE, the famous Australian jockey, is in hospital after suffering a stroke. Moore, 61, was taken to Allamanda Private Hospital at South Port on Queensland's Gold Coast on Tuesday after he told his trainer John Wallace that he was not feeling well. "George's wife
      UPI  -  96 words
    • 745 9  -  By WALTON MORAIS AFTER DROPPING 13 places down the world rankings in the space of nine months, British squash star Phil Kenyon desperately needed a boost. At 29, and seemingly having reached his peak at No. 7 in the world last year this time, Kenyon was
      745 words
    • 272 9 Reuter SAGACE, last year's Prix De L'Arc De Triomphe winner, looks like scaring off most of the opposition this year. Although there were 36 horses declared on Tuesday for the Longchamp spectacular, experts are predicting a small turn-out on Oct 6. Sagace is
      Reuter  -  272 words
  • Page 9 Miscellaneous
    • 1217 9 to m mm COSMOPOLITAN THEATRE Lord Mountbatten: The Last Viceroy 9.05 pm, Channel 12 In the last episode, Gandhi is assassinated by a Hindu fanatic at the height of India's troubles. As the flames of his funeral pyre subside, the nation turns its thoughts to peace and reconciliation. THURSDAY FEATURE
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  • INTERNATIONAL STOCKS
    • 265 10 FT THE TORONTO and American stock exchanges have inaugurated the first cross-border electronic trading link between two major equity markets. During a colourful and noisy ceremony on the floor of the TSE on Tuesday, officials of the two exchanges demonstrated the new system by executing
      FT  -  265 words
    • 123 10 Reuter PRICE FIXING by airlines in the European Economic Community breaks the group's free trade laws, says advocate-general Carl Lmu, a legal expert appgpted by the European Caurt of Justice. The only exceptions to laws are special exemptions which can be given by
      Reuter  -  123 words
    • 82 10 Reuter THE BRITISH Treasury said merchant bankers J Henry Schroder Wagg and Co has been appointed advisers to the government on the sale of the state's remaining stake in Cable and Wireless PLC. Rowe and Pitman has been appointed stockbrokers to the issue. Earlier this month, the
      Reuter  -  82 words
    • 328 10 Reuter GENERAL FOODS propped up sagging prices on Wall Street on Tuesday. The Dow Jones Industrial Average, which gained 18 points on Monday, advanced another 4.81 to 1321.12. However, it would have declined but for a double-digit rise in the stock of General
      Reuter  -  328 words
    • 130 10 SIP 24 a Hud Bay M*i Imp CM 6* 48* -H -1 Abitfe 20* Itko 18* 43* V* 34* Int Uts 15* 18* Ktrr Add 15* •H LoWow 6 20* -H 29* 3 ISO 12* unch Mc BkxM 18* -hk M Conodo 40* 17* •H BP Can Ltd 32
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    • 233 10 UraMC 530 unch SEP 24 Wodworth 1485 unch INDUSTVIALS MMMGS A Alpha 830 5 inch -10 -5 25 3400 Abwcoffl AE And a Amaprop aamc 750 480 2650 An^voal IXyyoors Buff* *****8 +400 1510 +35 7800 200 C G Smith CNA 1155 2325 255 -35 unch unch Charter Cor*
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    • 524 10 SCf 24 us$ 18* -M NCR Corp 33* 15 43* 1 FMC Cp 63 Morfofc. 68* Ford Motor 44 33 V* r r >r rt rTMpOn fVwwi 16* unch 1* -5 23* 14* AAtd Own Cp 52 Otn Cp 31* 47* unch AihChahwri 3H unch inch GAF Cp
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    • 869 10 Amsterdam sir 24 Ft* ABN 494 50 -3 Aagon Ahold 93 50 -0 8 ***** 2 2 125 40 -1 9 AMEV 292 50 -3 5 Amtm Amro Bank Bafkal Bote Z 84 70 -0 3 41.00 +0 3 ***** +5 Bo*kab BwTtt Caland Z 104 00 -1
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  • Page 10 Advertisements
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      551 words
    • 105 10 London stocks on Pago 15 V H A LOMMgjB Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet. Body N Soul from the Philippines. They'll captivate you! Happy Hours: spm 7pm, SO% off all drinks (pouring
      105 words

  • ASIAN STOCKS
    • 425 11 HONGKONG: Share prices closed mixed yesterday in slow trading. Sentiment turned bullish as expectations of an imminent increase in local interest rates diminished because of the strong Hongkong dollar. Fund managers started to buy selectively but there was a lack of interest from small investors. Among leaders, Swire Pacific
      425 words
    • 280 11 SEP 25 NT Lien Hwo Indus Non Y a Plos 12 05 2380 0 15 unch 2 91 0 03 Pacific Cons 14 70 005 Al Sincere Indus Pocific Elect Wire Asm Cement 18 70 unch 12 75 -0 05 Cothov Cons 23 60 04 unch 02 unch Pootung
      280 words
    • 389 11 TOKYO: Share prices closed sharply lower in active trading, with blue chips leading the decline. The market average shed 50.79 to *****.81 from Tuesday when it gained 22.59. Trading volume was 560 million shares against 460 million on Tuesday. Internationally populars such as electronics, cars and precision instruments fell
      389 words
    • 99 11 MANILA: Share prices closed mostly firmer in quiet trading. The Commercial and Industrial Index rose by 2.58 to 158.52, the mining marker firmed 4.79 to 665.74 and oils were steady at 0.795. SCP 25 fnot MorVeel OrienToJ B PMe. B 0014 0 13 -0 001 0005 0001 unch Ap«x
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    • 438 11 SYDNEY: Australian share prices were slightly lower for most of the day but closed steady, underpinned by good support for situation stocks. Brokers said takeover speculation regarding James Hardie and Kern Corp enlivened a somewhat tired market, with selling notably absent in afternoon trading. Near the close, the All
      438 words
    • 95 11 S£P 25 Won Hyundai Const 900 -15 Hyundai Motor 908 8 Bonk Seooi 725 •5 ML 466 18 Choheung Bk 700 10 Korea Fnt 755 inch Commarciol Bk 756 +5 Yukong 1340 -13 Dotkn Ind 475 ■2 Kofeo Ship 429 8 Doawoo Corp 490 8 Lucky Ltd 606 unch
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    • 125 11 BANGKOK: Share prices closed lower in sluggish trading. The Book Club Index dipped by 0.78 point to 131.43 and losers led gainers by nearly a five-to-one margin. Turnover dropped to 71,156 shares from 137,417 on Tuesday. !xom Cement 541 -10 Siom Citizen 68 -05 Aokhom Thai S«om City 496
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    • 62 11 Reuter THE OUTSTANDING balance of margin buying positions on the Tokyo, Osaka and Nagoya stock exchanges fell 6.3 billion yen to 2,541.1 billion yen at the end of last week, the Tokyo Stock Exchange said. The decline was the 11th consecutive weekly fall in the long
      Reuter  -  62 words
    • 135 11 Reuter WESTPAC Banking Corp will seek a listing on the Tokyo Stock Exchange by means of a placement to be lead-managed by Nomura Securities Co Ltd. The size of the placement has yet to be decided but an initial offering of 25 million
      Reuter  -  135 words
    • 139 11 AP THE GOVERNMENT-BACKED Aerospace Industries of Malaysia is discussing with Britain's Westland Helicopters Ltd the setting up of a joint venture to overhaul helicopters and produce helicopter spare parts, Deputy Defence Minister Abang Abu Bakar Mustapha said. Mr Abang on Tuesday told reporters about
      AP  -  139 words
    • 78 11 Reuter NIPPON TELEGRAPH and Telephone Corp and IBM Japan Ltd have agreed to set up an equallyheld joint venture company, the two companies said. The new company will provide telecommunications services including value-added networks and conduct other activities wßrich combine information processing and
      Reuter  -  78 words
    • 163 11 Reuter RIO TINTO-ZINC Corp said its profits from the industrial and energy sectors, accounting for 70 per cent of first-half net earnings, should show some improvement overall in the second half. Its interim statement yesterday said currency movements are also likely to remain
      Reuter  -  163 words
    • 64 11 Reuter JAPANESE and Canadian companies involved in a liquefied natural gas project in Canada are likely to agree on details of the deal by early next month, said a spokesman at Chubu Electric Power, one Japanese buyer involved in the project. Working-level officials from Mobil Oil Corp
      Reuter  -  64 words
  • Page 11 Advertisements
    • 508 11 <m 13§%t»%*83 ■4 v 3flP^ a 16 Is ,V>," -Ssk^' 1 A»^«III^4»I«»' \C'Jf/'jWpt-r* htWtr»Almi»fl*er»n Mi Orchard R.ml. Singapore 0*23 Tel 'V **1 > VVX D SINGAPORE —\V? raramo Where the happy people go <unt Hotel 1 people go v > Mm hz-% <* "'7,1 The Flavour of Mexico Sept 15
      508 words
    • 211 11 71 isi ISI ISI 'J7| 171 isi LSI isf&i isi&iisig, U. 'J| isi KIRIN COURT Shark's Fin >j/\++ Businessmen Lunch (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
      211 words

  • RAW MATERIALS
    • 233 12 AFP THE PHILIPPINES' central bank has failed to come up with a viable financial rescue package for the country's ailing sugar industry. According to the country's Business Day newspaper, unnamed officials of sugar financing banks said that commercial banks had informed the central
      AFP  -  233 words
    • 160 12 AFP AN OFFSHORE OIL RIG in the Pearl River Mouth Basin of the South China Sea has struck oil. According to the China National Offshore Oil Corporation (CNOOC), the strike eonM produce Ijm tonnes of crude a lay. It said the toot well was sunk
      AFP  -  160 words
    • 291 12 Bernama MALAYSIAN Primary Industries Minister Datuk Paul Leong is in Jakarta to exchange views with Indonesian ministers on how best the two countries can co-operate to help stabilise the prices of commodities. Datuk Leong said such exchanges were beneficial as both Indonesia and
      Bernama  -  291 words
    • 215 12 Reuter THE QUESTION of undershipments against export quotas remains unresolved at the International Coffee Organisation (ICO) talks. Quotas and prices for 1985-86 (October/September) were also undecided at the negotiations, due to end tomorrow. France had presented a proposal at an ICO contact group meeting,
      Reuter  -  215 words
    • 54 12 AFP PHILIPPINE gold production amounted to 12,707 kg in the first-half of 1965. The Chamber of Mines of the Philippines said yesterday the total was 4.76 per cent higher than production for the same period last year. The chamber said production rose in anticipation of improved prices
      AFP  -  54 words
    • 84 12 THE INTERNATIONAL Tin Council's 24,157-tonne buffer stock held under the terms of the fifth global agreement, which expired in June 1962, will be maintained for another three months. Following a brief meeting of the council of the old fifth agreement, which included Bolivia and the
      84 words
    • 273 12 SINGAPORE The market closed slightly lower yesterday with October One RSS buyers quoted at 162.00 cents per kg, down one cent from Tuesday. The morning session lost one cent on some liquidation of nearby positions in quiet trading. Prices fluctuated uncertainly in quiet afternoon trading on lack of interest.
      273 words
    • 363 12 RAS prices in S cents/kg, FOB m t >oles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 162 00 163 00N 162 00 I63 00N Int 1 RSS Oct 85 ***** ***** 162 00 ***** Int 1 RSS Nov 85 162 50 163 00 162
      363 words
    • 107 12 (centsAg, l-t«* OCT 85 NOV 85 (current month) (forward month) RAS NOON NOON Buyen Seller* Buyers Sellers SSR 20 139 00 141 00N 140 00 142 00N SSR 50 137 00 139 00N 138.00 140 00N MRELB Buyers Sellers Buyers Sellers SMR CV 195 50 197 50N
      107 words
    • 185 12 MALAYSIAN crude palm oil prices closed mixed on late selling yesterday after initial covering interest, with the market failing to react to Pakistan's purchase of Malaysian palm oil at its tender on Tuesday and to a higher Chicago soyoil futures close. Trading was very quiet as operators were
      185 words
    • 94 12 SOYBEAN futures on the Chicago Board of Trade ranged from down IV4 to up one US cent a bushel in fairly dull trade on Tuesday. November ended near the middle of a 6 H-cent range. The US dollar's recovery sparked long liquidation, pushing prices lower. But strong gains in
      94 words
    • 103 12 WHEAT futures on the Chicago Board of Trade rallied sharply on Tuesday after midday and closed 7V« to five US cents a bushel higher. December ended near the top of a 10 -cent range. Cargill sold back nearly all of its earlier purchases of December, but by that time,
      103 words
    • 103 12 LOWER LME prices poshed the KLTM price dm 54 cents to close at M*9I.M per kg. The fall was also attributed to a large turnever of 721 tonnes against ISB m Tuesday, attracted by Tuesday's higher price level. Sterling's further rise did net give suppert. The ITC buffer
      103 words
    • 178 12 Yarn (In HK$ per bole of 400 lb) China carded yorn, cones Blue Phoerwx 16's 2,500 Blue Phoerux 20's 2,550 Blue Phoerux 32's 2,950 Blue Phoenix 40's 3,350 Carded yarn, honk Blue Phoenix 2l's 2,750 Combed yarn, cones Blue Phoerux 32's 4,100 Blue Phoenix 40's 4,200 Open-end yarn Blue
      178 words
    • 849 12 COFFEE Robusta futures ended a dull day down £44 to £13 a tonne on Tuesday from Monday night's close, weighed down by a mixed New York and slightly firmer sterling, but lifted mostly off the lows on light late short-covering. Early technical and trade selling gave way to
      849 words
    • 151 12 Chinese Produce Exchange (Sellers' noon doting prices on Sep 2S (SS/100 kg) Coconut oil Bulk FOB 80 00 Old drum FOB 93 00 New drum FOB 97 00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier FOB NSW 440 00 ***** 339 00 330
      151 words
    • 272 12 Singapore C-l Od unq (S$/kilo, e«-9odown) Loonzain Rice Fragrant new crop 100% 1st grode 100% 2nd grode 1ST 2nd u./o 054 0.52 100% 3rd grode unq 3rd Parboiled Rice New Crop 5% 215 25% no stock 10% 210 10% no Stock Maize Thai Broken unq A-sup«r Special 054 052
      272 words
  • Page 12 Advertisements
    • 128 12 PULL AHEAD OF the competition! BT keeps you ahead of your competitorswith the latest corporate developments BT, Singapore's largest business daily gives you 4 full pages of local and international company news to help you marshall facts information effectively. These statistical pages are a must reading for professionals, executives businessmen
      128 words

  • SHARE INFORMATION
    • 4482 13 PROFIT-TAKING again affected the Singapore stock market yesterday, bringing share prices down in the morning. But buyers returned in the afternoon, bringing share prices back to the previous day's closing levels. The BT Composite Index fell 0.25 point to 668.22 while the Straits
      4,482 words
    • 266 13 SINGAPORE Rises Indices Sep 24 Sep 25 G E Irfc 1600 325 BT Composite 66®.47 668 22 M B F Hldgt 50< 340 +47 BT Indicator *****45 *****11 Seo View 342 +45 BT OB/OS +287 259 U M Flour 880 +40 ST Industrials 782 30 ***** 1
      266 words
    • 4837 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,837 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 401 14  - Town City incurs interim loss of $8.7m By AMY CHEOK TOWN CITY Properties has plunged into deficit at the interim stage. This is its first deficit since the company came under the control of Indonesian businessman, Mr Hendra Rahardja. The company moved into the red to the tune of $8.76
      401 words
    • 548 14 A.ROUND of late buying on the Kuala Lumpur stock market helped share prices to finish higher in active tmding. Profit-taking had little effect on sentiment as bltyers dominated the market. r- After opening at overnight levels, prices moved up slightly before closing mixed at
      548 words
    • 3560 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUSTRMLS A Choc (2 70S) (D 2.69 (3). 2.68 <6D
      3,560 words
    • 264 14 THE STOCK EXCHANGE of Singapore is sending three representatives to attend the annual general assembly of the Federation Internationale des Bourse de Valeurs (FIBV), one of the most prestigious organisations of stock exchanges. The three representatives who are going
      264 words
    • 364 14  -  By HOMER CHEN AN ADVISORY board, recently set up by the international Rothmans group, is helping Rothmans Industries Ltd in Singapore search for new diversification opportunities. The bdard comprises top executives from various companies in the Rothmans group, including Mr Tan Keong Choon, the
      364 words
    • 352 14 JOHAN HOLDINGS Bhd signed an agreement on Tuesday to buy 700,000 shares of $1 each for 40 per cent in ESAB (M) Sdn Bhd for $700,000 cash. ESAB (M) is a wholly-owned subsidiary of ESAB AB, a multinational organisation based in Sweden. ESAB AB is the
      352 words
    • 333 14 BANDAR RAY A Developments Bhd is now poised to move into large-scale commercial and property development, having acquired more than a decade of technical expertise and experience in the property business. It is ready to launch the first project in this
      333 words
    • 263 14 HOTEL TAI-PAN Limited: AGM at Tai-Pan Ramada Hotel, Plum Ballroom, 3rd Floor, 101, Victoria Street, Singapore 0718, tomorrow at 10 am. SATEBAS RESOURCES (Malaysia) Berhad: 16th AGM at 2nd Floor, Bangunan Sateras, 152 Jalan Ampang, Kuala Lumpur, tomorrow at 3 pm. JACK CHIA—MPH Limited: AGM at Tai-Pan Ramada
      263 words
    • 101 14 HONGKONG Tuesday 1412.0 Week ago 1386 0 Hang Seng Index Wednesday 1547.68 NEW YORK Tuesday 1553 24 Week ago 1563.62 Dow Jones Tuesday 1321.12 TOKYO Monday 1316.31 Week ago 1298 16 Tokyo Dow Jones Wednesday *****.81 Tuesday *****.60 Week ago ***** 66 Stondard Poors Tuesday 182.62 Monday 184.30
      101 words
    • 285 14 Managers' prices for Sep 26 Singapore Unit Trust The Commerce 1 88 2 00 The Sovmgs Fund 1 38 1 46 S'pofe Prog Fund 0 81 0 86 S'pore Sec Fund 117 1 24 S pore Invest Fund 0 81 0 86 S'pore Equity Fund 0 83 0
      285 words
    • 230 15 *****3 i By HOCK LOCK SIEW SINGAPORE is in great danger of falling into a trap that has already ensnared the London Stock Exchange. The name Unlisted Securities Market appears to have been adopted, by default, as the name for the proposed new market in
      By HOCK LOCK SIEW  -  230 words
    • 329 15  -  By AMY CHEOK BECAUSE OF poor response to its original offer for marine and engineering group Van der Horst, MTP has decided to revise the terms of its offer. Confirming a BT report, MTP's original offer of one new share for three
      329 words
    • 1110 15 Current Ex Books Dote Totdt for Totol tor payment date close payable the year lost year A B N 13%l Aug 19 NYA NYA 13% 26% Alex Hldgs 6%(b) Sep 6 Sep 13 Sep 28 6% 6% Asiatic Dev 2'/^%l Oct 2 Oct 12 Nov 28 2'*% 4'
      1,110 words
    • 134 15 THE NEWLY-FORMED Singapore Technical Analysts Traders Society (STATS) will hold its monthly gathering for chartists tomorrow at the Executives Club, 33rd Floor, OCBC Centre, Chulia Street. At the meeting, which starts at 6 pm, Mickey Bain, the president of STATS and the resident chartist at
      134 words
    • 967 15 THE MARKET opened mostly easier where changed in quiet trading yesterday. Prices generally fell for want of support, with operators still nervous over the impact on leading exporters from sterling's firmer trend. At 9.35 am, the FTSE 100 Index was down 1.1 points to 1,279.3. British Aerospace moved
      967 words
    • 607 15  -  Less favourable second-half results expected By RAMESH CHANDIRAMANI THE DEPRESSED STATE of the shipping industry and the problem of over-capacity have exacted a heavy toll on the national flag carrier, Neptune Orient Lines Ltd. Group pre-tax profits slumped by 53 per cent to $2.22 million
      607 words
    • LATEST RESULTS
      • 66 15 adverse trading conditions and keen competition, sales of Dateh Baby Milk iMhutrlea for the six months to end-June increased to M 558.3 million ($55.0 million in the seven months to end July 1964) and operating profit increased to $3.41 million ($3.24 million). The operating profit is struck
        66 words
      • 53 15 reported an unaudited pre-tax profit of M 5153,000 for the year ended July 31, down from $203,000 previously. A company statement added that its after-tax profit also dropped to $69,000 from $120,000. The directors have declared an interim dividend of 2.5 cents per share. (1984: five
        53 words
    • 547 15 KULIM (MALAYSIA) Bhd has turned in a disappointing set of interim results, the worst performer among the big publiclyquoted plantation companies. For the first six months of the current fiscal year to June 30, 1965, Kulim group's pre-tax profits were slashed by half to
      547 words
    • 324 15 THE MALAYSIAN Foreign Investment Committee has approved Bee Hin's acquisition of 8.69 million shares of M$1 each of Malaya Glass Factory Bhd for $27.82 million. The approval is conditional upon approval from the Malaysian Ministry of Trade and Industry. Bee Hin must also make a general offer for
      324 words

  • Page 15 Advertisements
    • 271 15 HE ASIAS HALL STREET JOURNAL. What's Newsl'««* Philippine Pew Shuns Curious Mrt-iijifti U Vn V Fm<'fmr* Uwfc f-fftrCC* l« Hwn» <#»'»«*« IWfc: We've got to hand it to Singapore's executives. Successful executives who wain to get ahead in business, sian by keeping up with The Asian Wall Street Journal. With
      271 words

  • 457 16  -  By BOEY KIT YIN A SLOWER GROWTH of 3.6 per cent in exports projected for this year seems almost optimistic as total overseas sales have continued to fall in August, resulting in a 0.5 per cent drop in the first eight months
    Source: Petir  -  457 words
  • 251 16 AP AFP THE AMERICAN DOLLAR was a shade lower in early European trading yesterday on speculation that US interest rates would drop and that Federal Reserve chief Paul Volcker planned to resign. The dollar, which suffered its biggest one-day fall
    AP; AFP  -  251 words
  • 330 16 UPI THE ARMY chief of staff was yesterday named head of the French secret service in a shake-up prompted by the intelligence agency's role in the sinking of the environmental group Greenpeace's flagship in New Zealand. General Rene Imbot was
    UPI  -  330 words
  • 327 16  -  By MANO SABNANI MANY OF THE REGIONAL apprehensions about China and its relationship with Singapore are no longer warranted, says Mr Lee Kuan Yew. The Prime Minister told Singapore journalists yesterday that the closer economic cooperation between the two countries per se should
    327 words
  • 294 16 WORKERS' PARTY secretary-general J B Jeyaretnam and chairman Wong Hong Toy were each sentenced to three months' jail yesterday after they chose not to make their defence on a false declaration charge. The unexpected turn of events brought an abrupt end to an 18-day
    294 words
  • 317 16 THE CONVICTION of Mr J B Jeyaretnam by the district court will not affect his position as Member of Parliament for Anson. Under the Singapore Constitution, an MP is deprived of his seat only if he is jailed for more than one year or
    317 words
  • 209 16 Reuter THE PROSECUTION yesterday demanded a prison term of five to 10 years for 20 anti-govern-ment Korean college students on charges of occupying the US cultural centre in Seoul last May. The prosecution asked for the long prison terms in the absence of the defendants who boycotted
    Reuter  -  209 words
  • 191 16 TWO FOREIGN newsmen who died during the Sep 9 abortive coup in Bangkok were killed by accident and not shot at deliberately, a Thai police official who performed autopsies on their bodies said yesterday. Deputy commander of the Police Forensics Institute Prawad Khumpai
    191 words
  • 360 16 GRASSROOTS union leaders have requested a meeting with Brigadier-General (Res) Lee Hsien Loong, the Minister of State (Trade and Industry), to discuss the government's fourpoint plan for reforming the Republic's wage system. Their request was made during a two-hour meeting yesterday at
    360 words
  • 157 16 AUSTRALIAN researchers have found that if pigs could talk, they would say: "Hey man, don't touch me." According to Dr Paul Hemsworth, the leader of a research team which has spent five years studying the animals, pigs are shy animals and they
    157 words
  • 81 16 Reuter COMEX GOLD FUTURES lost US$l.6O to $1.10 an ounce on selling by dealer houses in New York yesterday. Gold for delivery in December was off $1.20 at $333.60 an ounce after holding in a trading range of $333.80/$332.80. Silver futures dipped 1.0 to 2.0 cents
    Reuter  -  81 words
  • 65 16 Reuter THE NEW YORK stock market was generally lower in early trading yesterday, as a sell-off continued for the second day. The Dow Jones Industrial Average was up one point to 1322 but other indicators pointed lower. Declines led advances by a five-three ratio on turnover of
    Reuter  -  65 words
  • LATE FILE
    • 84 16 AFP OIL RATES could drop next year to between US$lO and US$l5 a barrel against a rate of about US$2B. In Montreal, several speakers at an international conference on the oil and gas markets said yesterday that there was a large oil surplus at present
      AFP  -  84 words
    • 81 16 Reuter PENINSULAR Malaysia's trade surplus widened to M 5168.7 million in June from $41.8 million in May and $128.7 million in June, 1964, Statistics Department figures show. The surplus for the first half of 1985 increased to $460.2 million from $284.7 million in the same period of
      Reuter  -  81 words
    • 62 16 AP BRITAIN announced yesterday that it was recalling its two military attaches from South Africa and endorsing a list of limited sanctions adopted by other EEC countries against the Pretoria government. The sanctions were approved by the other nine members of the EEC on Sep 10.
      AP  -  62 words
    • 65 16 Reuter CHINA confirmed yesterday that Vietnam would take part in a trade exhibition in Beijing, but denied this had any bearing on relations between the two hostile neighbours. A Foreign Ministry spokesman said in Beijing that Vietnam was one of 24 countries which had applied
      Reuter  -  65 words
    • 34 16 UPI over spending cuts MUNICIPAL workers in Liverpool stayed off the job yesterday in a one-day strike to support the leftist city council's fight with the British government over spending cuts. UPI
      UPI  -  34 words
    • 36 16 UPI THREE heavily-armed gunmen demanding the release of Palestinian guerillas seized a yacht in a Cyprus marina and killed three Israelis before surrendering to police, authorities said in Nicosia yesterday. UPI
      UPI  -  36 words
  • Page 16 Advertisements
    • 3 16 Hernu accuied...Page 5
      3 words
    • 111 16 rtV^ Rest^ u Cat^ cl if Enjoy again the musk: that > 1 made The Cathay famous I LIVE! Soothing, silky sounds now presented by the fl Love Lites. Music that distinguishes The Cathay as the Chinese Restaurant with the unique international supperclub ambience. Come experience this wonderful combination of
      111 words
  • Page 16 Miscellaneous
    • 58 16 WMim Outlook for today: Showers in some areos in the late morning and early afternoon. Report for 24 hours prior to 7 30pm on Sep 25 ot the airport Maximum temperature 31.3 Associated humidity 66 Minimum temperoture 24.5 Associated humidity 96 Hours of sunshine 5.60 Roinfoll in millimetres troce Rainfall
      58 words

  • SHIPPING TIMES
    • 485 17  -  By LINDA CHEE A FLURRY OF operators are crowding the relatively small Singapore-Batam trade in attempts to capture a share of the potentially lucrative market. Regular operators in the trade find the going tough, with so many vessels chasing limited cargo. "A lot of operators,
      485 words
    • 153 17 NEPTUNE ORIENT Lines, Orient Overseas Container Line and Yamashita-Shin-nihon Line have concluded a space charter agreement to provide service between the Far East and North America Pacific coast. The agreement was signed on Sept 19 in Hongkong and filed immediately with the Federal Maritime
      153 words
    • 85 17 TOLLS THROUGH the Suez Canal will be increased on Jan 1, but by five per cent at most, said the Suez Canal Authority. The extent of the increase will probably be decided by the end of this month. The rise will be related to inflation in
      85 words
    • PORTSIDES
      • 35 17 Reuter THE BAY OF Bengal/Japan/Bay of Bengal Conference will amend the currency adjustment factor (CAF) for all westbound shipments to minus 0.5 per cent from plus 2.0 per cent, effective Oct 1. Reuter
        Reuter  -  35 words
      • 103 17 VANINO, a transhipment point for cargoes bound for Sakhalin, the eastern sector of the Arctic, the Okhotsk Sea coast, and Kamchatka will soon be another of the Soviet Far Eastern ports equipped with container terminals. The delivery of large containers is central to coastwise and international navigation
        103 words
      • 146 17 Reuter WORLD laid-up shipping rose to 29.8 million gross registered tonnes (grt) in mid August from 28.7 million in mid July but was down from 34.4 million grt in mid August 1984, the Institute of Shipping Economics said. Liberia accounted for 8.11 million grt of laidup
        Reuter  -  146 words
      • 110 17 Reuter THE TURKISH naval assault ship Meltem broke up in a collision with a Soviet naval support vessel in the Bosphorus but there were no casualties. Turkish state radio said the Soviet vessel, No 233, did not continue its voyage after the collision. There was no
        Reuter  -  110 words
    • 1169 18 World Maritime Day this year focusses on Maritime Search and Rescue. Mr C P Srivastava, Secretary-General of the International Maritime Organisation, presents his message for Safer Shipping and Cleaner Oceans. The following are excerpts from his message for the occasion. ON THE OCCASION of
      1,169 words
    • 710 18 AB Shpg V 5 Ateo Lme VI 3 ARC Line V 4 APL III 2/3 Anro Service IV 3/4 ANL 1 1 ASCL III 1 Bolt-Canada Line VII 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 BBS N 4/5 Bayswater Shpg X 3 Ben Line Cont
      710 words
    • 583 18 IN SINGAPORE, the Marine Department is the body that co-ordi-nates maritime search and rescue (SAR) operations. Close co-operation is maintained with other organisations which play important roles in such operations, including the Telecommunication Authority of Singapore (Telecoms), the Civil Aviation Authority of Singapore
      583 words
    • 750 18 MODERATE time-charter fixing is reported on the freight market but other sectors are very quiet and featureless, brokers said. A 36,000 tonner was fixed for a time-charter trip from South Korea to the Mid East Gulf with redelivery passing Muscat at U553,900 daily while a 29,000 tonner from
      750 words
    • 237 19 TWO LEADING Australian concerns BHP and Shell Australia have confirmed plans to register a new company to operate the tankers destined to carry North West Shelf LNG to Japan. The company, which is expected to be named Australian LNG Ship Operation Co (Alsoc)
      237 words
    • 258 19 TMR ITN IN AN ATTEMPT to eliminate intransit damage, and to keep inventories lean, General Motors has announced it will skip water transportation and rely exclusively on air freight to bring in assembled auto bodies from Turin, Italy. It is the first time a
      TMR ITN  -  258 words
    • 285 19  -  -By Kingsley Wood MANAGEMENT OF container terminals and depots should try to be less paranoid and defensive about efforts to improve the "abysmal port performance" of the Australian waterfront, Mr lan Webber, chairman of the government task force investigating shore-based shipping costs, told ICHCA members
      285 words
    • 1059 19 AUSTRALIA Sept 11 Cairns, Mourilyan, Cape Flattery, Mackay All ports working normally. No industrial disputes. Gladstone Grain terminal occupied. Hay Point, Dalrymple 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:
      1,059 words
    • 190 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      190 words
    • 120 19 AFP MILITARY equipment bound for Iraq had been found on board the Danish cargo ship Arnold Maersk, which was intercepted on Sunday, said the Iranian news agency Irna. The Arnold Maersk had loaded at Singapore and was heading for Kuwait when it was seized,
      AFP  -  120 words
    • 5855 24 aaaaaaciß 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
      5,855 words
    • 749 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Ratana Bhum Liaohe Ming Hong B Kemuning Harvester Barbarossa Noble Eagle E Obtain Um Handsome Dhaulagin Tanah Air N Obukhova Prasetia E Order Hayakawa M Zhongsan Maiapahit
      749 words
    • 1628 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Same (S) AB Shipping Bousteod Shpg Agencies A tea Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus ShtppmgAgencies (S) Maftiport Sdn Bhd (PK)
      1,628 words
    • 687 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Auby K25W SSPL alongside 269 85/1830 Cason K31 PIL alongside *****/2300 Crikvenica K10 E Mount alongside *****/0300 Equator 5 K23 Thong Soon alongside *****/0300 Kota Berkat Kll PIL alongside 269.85/0600 No 8 Donam K21 NAPL alongside 26
      687 words
  • Page 17 Advertisements
    • 1146 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent i times ahead. forewarned will be forearmed $22.00. THE BOOKSHOP Orient Overseas Line Agents: )MD«C SMPTMG AGENCIS (Rtf *b 242K4/00K) 70 ShentOA Way *04 03 Manna House S*|apore 070/ let *****11
      1,146 words
    • 62 17 Wm World Maritime Day this year focusses on Maritime Search and Rescue. Page II IN AN ATTEMPT to eliminate intransit damage, and to keep inventories lean, General Motors has announced it will skip woter transportation and rely exclusively on air freight. Page 111 Index to advertisers II Shipping schedules VIII
      62 words
    • 1198 17 Monthly from Pitman mte MAERSK LINE /s MAERSK UNI (SINGAPORE) PTE. LTD. IS NOW BERTHED AT SOUTHPOINT (iWMM. *****05 Singapore Closing limn CT 30 9 ISOO HNS as ?9 s ?joo m#s Maersk Mango Maersk Mango Maersk Mango Maersk Mango Nimt Nap Maersk Mjoto ,\,ngaporr Clown limrs C» JO 9
      1,198 words

  • Page 18 Advertisements
    • 485 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wnt FNdtr at Tokyo Mother VSI LA/LB OA* ZEELANDIA IS/10 22/10 S KASHU 24/10 29/10 P ARROW 2/11 5/11 BETSHU M 9/11 12/11 Pacific North Waat Faadar at Koba Mother VSI Sf AT VCR TOKYO M 29/10 30/10 BEISHU 4/11
      485 words
    • 342 18 Barber Hue Sea__ ii Supercarrier Service Ml IT ARRIVAISN ROUEN 16 10 BARBER Pt RSI US 16 10 N ROSARK) 6 11. BARBER MCCTOfi 6 11 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Vessel BARBER TEUS BARBER TONSBtRG barber nrsfus TOURCOMG Mm accept** contrs lor Houston (MLB). S
      342 words

  • Page 19 Advertisements
    • 549 19 The Straits Steamship Group fjjj Mansfield Container t Shipping Pte Ltd Overseas Containers Limited COHTWHERSHIP service to/from Bangkok STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok :ONTAINERSWP SERVICE TO UK/CONTINENT OSAKA MY inmroa my an Of EDMURGH FRANKFURT EXPRESS Sport PKelanf hrt n/i 04/10 05/10 14/10 10/10 10/10
      549 words
    • 723 19 Franco Belgian Services \F+r fai, $4r~v%cs u.'Uh Be /va* far (MEMBER OF ACE CONSORTIUMI tTULI COWI MO SERVICE 10 EUROK nu cow mow serwce from euro* KOREA* CHANCE SEVEN SEAS BMW ckvu.o paui STOW P KELANGIe Harvt R dam F Stoore Ham B"Ha.efl Ant 2 Ocl (10 Sep) 21 Oct
      723 words

  • Page 20 Advertisements
    • 535 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandinavia. Med. Carribean &S. America Inland haulage to inland destinations in Europe I TO EUROPE/MED S port PKetangPenang Leiioesßdbao Genoa Hburt Rdam Bhanen A'aerp Soprtf Rickmers 29/9 2/10 4/10 Rente Rickmers 11/10 13/10 15/10 Mai Rickmers 16/10 IS 10 20 10 Bertram 16/10
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    • 349 20 IIC.S. LINE FULLY CON TAINERISED TO EUROPE VIA SUEZ tt* Ace Comartwn S potf PKflinj IfMjvif Rdim tslo« Hbufj Antwerp KORIANCHANCf ?3W 10 lu .'4 1G .'•> i' si vt n sus bridge s?w i; 1U CHIVIHR PAl* it» I' <14 ;0l 411 *> '1 IRANSWORtD BRIDGI ?7N '.'1 lU'
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    • 502 20 Hai Sun Hup Co (Pte) Li 3**-.' TEL *****06 (20 Lines) TLX R*****1 Ltd R*****2 t t K\STi:i{\ < 1.1 Kit. I.TI). iLLiil INTERMARITIME LTD K Knabaiu Id: *****0 lakarta Id: (***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS Kk KM Spot Ph In Mm Q CT M V lUCAYAN TRACER
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    • 567 20 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) SGP IVCR GROWTH 29/9 ever gram t/i EVER GREET 13/H SGP ED HBG FIX 29/9 10/10 20/10 22/10 i/10 It/10 27/10 29/10 13/10 23/10 3/11 5/11 IKR GENTRY 20/10 30/10 10/11 12/11 EVER GIANT 27/10 &/11
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    • 297 20 MSI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKeUof Load** WHITE Ll* 1/10 OCEANIA QUEEN 7/10 KYOWA COSMO 20/10 Suva, Lautoka. Pappettee Lae, Orobay. P. Moresby. Alotau. Honiara. Kieta. Rabaul. Kimbe, Kavienj Jayapura. Wewak. Madang Lac. P. Moresby.
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  • Page 21 Advertisements
    • 1061 21 PACIFIC INTERNATIONAL LINES PIL Bu'lding, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA MEGAH KOTA WIRAWAN KOTA WANGSA KOTA SEJATI KOTA AGUNG KOTA TIMUR VESSEL KOTA MULIA KOTA SALAM KOTA WARUNA VESSEL KOTA BERJAYA KOTA WISATA KOTA RAJA VOYAGE E-sas E-583 E 589 E-591 E 593 E-595 HONGKONG
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    • 897 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT is 10 17/10 23/10 3/11 J/11 17/11 27/11 30/11 10/1? 17/12 B HAVEN KOMI 11/10 19/10 20/10 21/10 26/10 27/10 EXPRESS CONTAINER FROM UK/CONTINENT Beruyon Sjfed Tok re Bit Sadtd BeruMer SM Kitano Maru Saded i City ot EM«| Sadtd 'Kju|i Mini
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    • 500 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINT FAR EAST TO/FROM S PORE CONTAINER SERVICE BUSAN TOKOHAMA KOBE MOHSMtG HK SPORE K?4 MB 11 1 14/9 1( 9 20 9 77 9 71 9 GONA V? 4 HB ?3 9 76 9 21/9 MO 410 8/10 S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE MAIAPAHT
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    • 628 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loadng for Rangoon Spore PKebnt fenanf Phashwefyawywa V2SBW 29 Scpt/1 Oct Mawiamyarj V2BW 4/1 Oct In Pt/27 Sept 2S/3 Oct P Gudanf Lokaw VIO2W 29/30 Sept 27/21 Sept Lokaw VIO2W Htoneywra V 205 Bassein V7SN 29/30 Sept 5/7 Oct 29/30 Sept
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  • Page 22 Advertisements
    • 1060 22 aECUADOR/PERU/CHILE FEEDER VSI MOIHER VSI SPORE WIG PNt IOHORt BUDGE Ml A VSI 2 Oct 4 Oct S CENTRAL AMERICA/CARIBBEAN SEA IV LINE KAWASAKI KISEN KAISHA, LTD. SPOKE KOBE GUAYAQUIL CAUAO ARICA KJUQUE AFAGASTA S ANIOWO VAIPARAISO I Oct 25 Oct 25 No* 2 Dec 6 Dec 7 Dec S
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    • 550 22 //tf CALIFORNIA/PACIFIC NORFH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE IN I i .1 "l".. til tit |S! 11l ISr MA .Af» -Ml.» K h l BHAVA6MUII RHARMINOU AUSTRALIA EXPRESS CONTAINER SERVICE JAPAN SERVICE load»n to> KoOr »<*o»iami Na(o«a Osaka Mop Ahc lAs laiaan S Korea Penanf PKelanf Seigapotf loadsi( lot SO
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    • 544 22 GOLDEN LINE GUAN GUAN SHIPPING (PIE) LTD Kkk){ luif Pro»ncni Bar* BuMnf M Ckl Sheet SINGAPORE 0104 HI *****90 (10 IMS) Tel Kuala Lumpur SO? 11 P Ketmc 3*7941 Peiunf 3454** Pjm Gudjnf A|ent OMNI LIOTO (M) SON BfC TEL ***** STRAITS/PERSIAN GULF SERVICE: S pore P HHangPenang GO*DEN WONDER
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    • 566 22 (PTE) 10 Anson Road »27 16 International Ptaza Singapore 0207 Tel *****1 1 11 0 Lines) o BREAKBULK SERVICE TO EUROPE/UK S port P. KeUn|Lo»fc»| tar: FORI YALE *****13 Std Snt/ROTT/ANT/U.ll (AVON) ANANGEI LKRTY *****15 2/10 4/10 ROTT/ANT/UI. (AVON) *|enh S«|jporr MTRASEA (PTE) lID BOOKHG 224*511 K Lw*u RMTANG StVPW
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  • Page 23 Advertisements
    • 823 23 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia K CHANCE S pore Closing Times FCL Cargo 0400 2/10 LCL Cargo 1200 1/10 FROM EUROPE (VIA SUEZ) u lu^ VH BADGE 26E C CONTAMER 31E. HK CONTAINER 46E 2/10 22/10 (24/10) OCHEF4SC 9/10 29/10 31/10) Where
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    • 663 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN. INCHON AGJNIS NfPTUW AGLNCIFS PTf 110 Tel ?;»9977 778VJ4 <Boo*m{s) ???7510 ??1?0?? (OpfrjtwiM ????««7 ??09?M (Ifinwiil I ??0?450 ??0?504 (CFS) M»| mil Ift NTS TUNAS SfTIA SDN BHD Kl Tel *****0 414?44 PK Tel M9SM PTN Tel
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    • 741 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f. KOJMG Pt HANG M/S SHARKAT NAM SOON SDN. BHD. IST AND 2ND FLOOR MESSRS HAI THONG SHTPMG 127
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    • 38 23 SIM SWEE JOO SHIPPING SDN. BHD. t EXPRESS TO BINTULU f. KeUnt loMfcif for SWEE LONG SATU CONTAINERISED SERVICE Kuctang. BinMu. kin KK Agents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6 7 K.L. *****7 *****1 Penang *****1 *****5
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  • Page 24 Advertisements
    • 972 24 ItcyiOMial Container Lines 4 Sailings weekly Fast Reliable Regular Punctual Berthing P.S.A. Mon, Tue, Thur. Sat ran I VESSEI BUNG* KEMUMNG SKI BHUM St* SI OUT PIT* BHUM BUNG* KEMUMNG SHI BHUM SIA FORTUNE PITA BHUM BUNG* KEMUMNG SKI BHUM St* GLORT PIT* BHUM BUNG* KEMUMNG SKI BHUM SU FORTUM
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  • Page 24 Miscellaneous
    • 184 24 Regional Weather A M 3 A m s Ki vsi r s s m m J mm r i M m > 5 JL 12^ a' SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature c Weather
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  • Page 25 Advertisements
    • 153 25 M MSC AGENCIES K. LUMPUR P. KELANG PENANG P. GUDANG BAHARU LEOSHIP CDnB,: *****8/*****6/*****8/*****3 *****1/4 TERMINAL *****1/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE TO rnnMEMEB FTU DU MM EH KQ yiiirmwjmwm 1 1 "i/ 1 ."-TTTTTlTlM Ifir'aiwiniTi ALSO ACCEPTOR FOR: MfTWEKP. L. MARK, UK. BROCK COPENHAGEN. OSLO ALSO
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    • 344 25 Nedlloyd EAC agencies pte ltd. To serve you better we have installed direct inward dialing on the HARRIS 400 DIGITAL PABX. In order to call our staff directly, just dial 3210 followed by their extension number. Extensions to note: Nedlloyd Ext. 179/231 Scan Dutch Ext. 232 or call Booking Section's
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  • Page 26 Advertisements
    • 215 26 WORLD T S* LINE EXPRESS REGULAR SERVICE JAPAN/HONGKONG/STRAITS yicyis STOW r MIAMG CATTUYA *1* S*pl M3O fcj 1/? l«f m'* otl 4 ,I'\ BIUI SHARK MIW Oct 11/13 Oct 14/15 M WSC »e«eh butt S«n|jpore »t PPW G*i P2 Smfjpore On Apenl WPTOM fIPttSS (S) PTE 110 World Tr»de Centre
      215 words
    • 347 26 iSSSOIy Mitsui OS K. Lines. Ltd CONVENTIONAL/SEMI-CONT AINER /3\ AFRICA'S rrO EAST AFRICA AFRICA MARU i CONTINENTAL PARTNER OCEAN ELITE APOLLO PEAK WEST AFRICA EVERDAWN 2 HIMALAYAMARU 1 29 Sep Port Louts. Reunion 5 Oct Mombasa. Daressalaam. Tamatave 15 Oct Mombasa. Daressalaam 24 Oct Port Louis. Reunion 30 Sep Nacala.
      347 words