The Business Times, 2 October 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, OCTOBER 2, 1185 75 CENTS
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  • 418 1  -  Half a percentage point cut to 5.25 pc and 4pc By ALVIN TAY THE TWO-TIER deposit rates offered by the Post Office Savings Bank yesterday fell by one-half percentage point each to register their lowest levels in six years. But the new rates 5.25 per cent
    418 words
  • 408 1 THE SINGAPORE Tourist Promotion Board (STPB) received 10 firm proposals for the development of Haw Par Villa when tenders closed at the end of last month. The board placed advertisements in Singapore and overseas for business and concept proposals for the
    408 words
  • 233 1 UPI NIGERIA'S new military leader has declared a 15-month state of economic emergency in Africa's most populous nation and called for tough austerity measures and import curbs to bolster its debt-ridden economy. President Ibrahim Babangida, who swept to power on Aug 27 in a
    UPI  -  233 words
  • 224 1 Reuter UNEMPLOYMENT in Asian and Pacific countries is likely to increase and living standards will drop, International Labour Organisation (ILO) chief Francis Blanchard said yesterday. Job opportunities could be cut as the number of young people of working age rose, the possibilities for emigration
    Reuter  -  224 words
  • Article, Illustration
    68 1 ONCE AGAIN, speculative Ma-laysian-based counters provided mast «f the excitement at the Singapore slock market yesterday. Shares of locally incorporated companies were mostly ignored, while banks, hotels and property stocks clssed mostly «changed. The BT composite Index fell J.l points to CC2J3, while the stock Straits Times Index
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  • 422 1 UPI Reuter JAPAN'S largest companies have pledged to do their bit to import more to help ease the country's huge trade surplus with the US and other major trading partners, officials said yesterday. Kenjiro Ogata, a Ministry of International Trade and Industry spokesman,
    UPI; Reuter  -  422 words
  • 463 1  -  By LIM SOON NEO FACED WITH FALLING occupancy rates, Singapore hotels are retrenching staff to save costs and reducing the number of employees per room. The 170-room Duke Hotel and the 175-room Cockpit Hotel are two that recently axed staff
    463 words
  • 108 1 Bernama THE MALAYSIAN National Joint Council (Staff Side) yesterday staged a nationwide picket to back its claims for salary adjustments for civil servants. The picket had mixed response from members. In the Federal Territory, more than 2,000 people picketed at the Jalan Duta government office complex
    Bernama  -  108 words
  • Page 1 Advertisements
    • 100 1 Most widely used in Singapore. O TAG No 331-WW ciTvcom iVbTEmi PTE LTD Tel 743-5555 Challenges Met, b 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 to
      100 words
    • 250 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW LAST MONTH, Prime Minister Lee Kuan Yew spent almost two weeks visiting various parts of China. Valuable time was spent. There are observers who continue to assert that a shorter trip could have opened
      250 words
    • 6 1 |*|(!]<)}>+![((}|{.)$.<[)>.+?_: Japanese accused of dumping, Page 5
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    • 109 1 Where efficient and personalised service is a tradition XJQ ft -H FOUR SEAS COMMUNICATION** lAS* HO of the OCBC Ooup Head office 19 25 Cecil Street 0104 The Good Life at a Good Price Aoartment life is comfortable and carefree at the Plaza Service Apartments. One-and-two bedrtxims apartments Fully furnished
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  • BANKING AND FINANCE
    • 299 2 FT BANQUE INDOSUEZ, the internationally operating French bank, has become the first European institution to be given a full banking licence in China under the Beijing authorities' cautious opening up towards foreign banking. The People's Bank of China has given Indosuez authorisation to open a
      FT  -  299 words
    • 230 2 UPI CANADA has announced that it will liquidate the Northland Bank and has called a judicial inquiry into the collapse of two regional banking institutions this year. The government had announced on Sep 1 that it would liquidate the Canadian
      UPI  -  230 words
    • 120 2 AFP SWITZERLAND has said it sees no reason to limit banking relations with South Africa or impose economic sanctions against the Pretoria government. The Swiss authorities were reacting on Monday to a parliamentary motion from Socialist Ernst Leuenberger calling for the dismantling of
      AFP  -  120 words
    • 29 2 THE SINGAPORE branch of First National Bank of Chicago has increased its prime rate to SVt per cent from 7% per cent. The increase takes effect today.
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    • 172 2 Reuter THAILAND'S Finance Ministry has revoked the licences of three suspended finance companies affiliated with the former Asia Trust Bank Ltd. Ministry officials said Asia Financing and Trust Co Ltd, Nateethong Finance and Securities Co Ltd ,and Sincere Trust Co Ltd
      Reuter  -  172 words
    • 138 2 Reuter ARGENTINA drew the first US$2.2 billion of a new "loan instalment" on Monday from its creditor banks around the world, adding to the US$4B billion in loans that it has already accrued, it was announced. William Rhodes, the chairman of the bank working committee for
      Reuter  -  138 words
    • 107 2 UPI IN A STEP TOWARDS liberalising the Japanese financial market, the government said yesterday that it had decontrolled interest rates on time deposits exceeding one billion yen per account, effective the same day. The Finance Ministry said similar steps will be taken towards
      UPI  -  107 words
    • 288 2 THE MIDLAND BANK group will continue to focus on China in the field of commercial banking, treasury products and merchant banking in its strategy for Asia, chairman Sir Donald Barron said in Beijing yesterday. Sir Donald is visiting China before going to the International
      288 words
  • MONEY AND EXCHANGE
    • 531 2 SINGAPORE THE US dollar yesterday closed weaker at 2.6755/65 marks compared with New York's 2.6835/50 close, after touching the day's high of 2.6875. It closed easier at 2.1880/95 Swiss francs compared with New York's 2.1970/2000 close, after the day's high of 2.2020. Sterling closed firmer at U551.4040/50 compared
      531 words
    • Article, Illustration
      348 2 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Periods were steady to 1/16 point higher at the outset underpinned by news of an 0.7 per cent rise in US leading economic indicators for August. Thereafter rates remained unchanged with one, three and
      348 words
    • 244 2 Interbank rotes at 3pm yesterday: Currencies Nominal rata* Smithsonian Bid Otter cross parity change Local dollors to one unit of foreign currency: US dollar 2 1425 2 1435 2 8196 -2401 Sterling pound 2 9887 ***** 7 3469 -59 32 Australian dollar 1 5072 1 5100 3 4286
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    • 127 2 THE OVERNIGHT rate on the Singapore interbank money market rose by 1V« point from Monday to close at 10 per cent yesterday. The one-month term rate rose by point while the two-month rate rose by 'A point and the threemonth rate rose by V« point. S$ Interbank rates
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    • 313 2 EURODOLLAR futures yesterday higher than Monday's close but prices eased lower in cautious trading ahead of the FOMC meeting last night. After opening at 91.77, the December contract was locked within the range of 91.77 and 91.74. Liffe opening saw sideways movements with the December contract finally settling at
      313 words
    • 235 2 HONGKONG: GOLD yesterday closed a shade firmer in moderate trading. Dealers said there were no fresh factors in the market following the US dollar's rapid recovery. The metal ended at U*****.00/40 an ounce compared with New York's 322.50/323.00 close and Saturday's 328.50/329.25 finish here. On the local market gold
      235 words
  • Page 2 Advertisements
    • 35 2 d A\o^ $ien»^ s9 at 9 a cat °P r x#& As^ eS I'SgSScSS-** \*g&2si •OtW cv>9 a X\o^ £A° S Keck Seng Group 338 2828 (Mrs Yeo) Richard Ellis *****81 (Ms Ang Hong Be)
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    • 98 2 WE'RE FUSSY ABOUT LITTLE THINGS. After a long day of business meeting*, you'd like nothing better than to unwind with a colli gh\\ of beer. Topped ulth a fine creamy head that loch m thefreshnew and flaiwir At the Equatorial, u<e sen* it to you chilled just right Fussy aren
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  • HOME NEWS
    • 369 3  -  By MONICA GWEE THE ASTROLOGERS have decided that the Glass Hotel will finally open on Nov 27. This "most auspicious day" was selected by Mr Hendra Rahardja's star-readers. Mr Rahardja is the chairman of the Harapan Group which owns the hotel. On
      369 words
    • 60 3 NINE MORE SHOPS will open at Changi Airport this month. The nine shops bring to 46, the number of outlets at the airport. These sell products ranging from audio-video equipment, to flowers, medicine and candies. The new shops comprise two sports shops, three photo-devel-oping outlets, and
      60 words
    • 139 3 MEMBERS of an American furniture association will be in town next week to tell local traders and manufacturers of the potential of the American retail market. A half-day seminar by the National Home Furnishings Association (NHFA) on Oct 12 will cover topics such as "What the
      139 words
    • 314 3  -  By LIM SOON NEO THE MASS RAPID Transit Corporation (MRTC) is looking for an advertising contractor to help the corporation generate advertising revenue when the system is in operation. It recently advertised in newspapers inviting contractors to pre-qualify for the provision of consultancy
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    • 273 3  -  By JEFFREY TSANG A LOCAL COMPANY has developed equipment to help other electronics companies design and test chips. The company, Microtronics Systems Pte Ltd, developed its low-cost portable microprocessor development system (MDS) with the aid of the Economic Development Board which provided a $43,000
      273 words
    • 299 3 CERTAIN QUARTERS in the private sector want the government to spearhead the move into the Chinese market, says a management consultant. "If it means matters such as negotiations for tax agreement, investment guarantee agreement, clearing doubts on national policies, professional and technical training on
      299 words
    • 86 3 THE ECONOMIC Society of Singapore will play host at the 10th Federation of Asean Economic Associations Conference next month. The theme of this year's meeting is Social Security Systems in Asean. Eight papers will be presented at the three- day meeting. Of these, five will be
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    • 121 3 TRADE PROTECTIONISM is a short-term solution which could worsen the structural problems of the world economy. The Acting Minister for Labour, Mr Lee Yock Suan, said this yesterday at the 10th conference of the Asian-Pacific Labour Ministers' meeting in Melbourne. "If the protectionist tendency is not
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  • Page 3 Advertisements
    • 380 3 YOU CAN TELL A LOT ABOUT PEOPLE BY THE SHAPE THEY'RE II And you can't be in better shape than when driving the Volvo 740 GLE. The prestigious, 2-litre car whose aerodynamic profile is recognised instantly There's that unmistakable wedge shape, dipping front, clearly defined lines and high, upright rear
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  • OVERSEAS
    • 420 4 Transactions will represent first major deal since 1949 UPI THE US INTENDS to sell plans to China to build weapons facilities in the first major arms deal between the two nations since 1949, the Pentagon announced. The proposal calls for China to
      UPI  -  420 words
    • 149 4 AP CHINA'S 200,000 private companies, "many of them operated by children of high-ranking cadres", are under investigation. The Chinese-language daily Ming Pao reported in Hongkong yesterday that these businessmen are using their parents' privileges to engage in "speculative activities" for personal gain. It did not elaborate.
      AP  -  149 words
    • 299 4 UPI SOVIET negotiators presented a proposal on Monday to American arms negotiators calling for mutual cuts of up to 50 per cent in superpower nuclear arsenals if the US abandons its Star Wars missile defence programme. Senior US officials in Washington
      UPI  -  299 words
    • 213 4 AP PUNJAB'S new chief minister on Monday ordered the release of 224 prisoners detained under a controversial security act and pledged to deal "softly" with Sikh extremists. Surjit Singh Barnala, sworn in on Sunday as the bead of the newly elected Punjab government, told a
      AP  -  213 words
    • 92 4 AFP MILLIONS of ethnic Chinese in Thailand have abandoned their annual moon-worshipping festival because they feel US astronauts have violated the moon's sanctity. The Thai Rath newspaper said on Monday ethnic Chinese living in the populous Yaowaraj district in Bangkok had decided
      AFP  -  92 words
    • 250 4 Bernama THE MALAYSIAN Defence Ministry yesterday denied that its troops attacked a southern Philippine island off Maddanas on Thursday and reportedly killed 53 Filipinos. A ministry spokesman said the incident never took place, adding that it had been fabricated to cause
      Bernama  -  250 words
    • 789 4 ARRIVALS Operator Service Local From number time PAA PA2I/5 0020 LAX/TYO/HKG SIA SQ4I 0605 MAA CAL CIOIO 0815 JED/DHA MAS MH681 0820 KUL KAL KE624 0840 KUL MAS MH603 0905 KUL MAS MH8I 1 0940 PEN MAS MH67I 0950 KUL SIA SQ103 1005 KUL RBA BI42I 1030
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    • 320 5 Reuter THREE OF THE BIGGEST US semiconductor manufacturers yesterday filed a petition against Japanese computer chipmakers, accusing them of dumping chips on the American market. The petition, filed in Washington, requests an investigation by the International Trade Commission and the Department of Commerce as
      Reuter  -  320 words
    • 198 5 Reuter THE FRENCH AUTHOR of a provocative analysis of the United Nations, written at its behest, is out of touch with the political realities of the institution, says a senior UN official. The official said yesterday that the author, Maurice Bertrand, had sent pre-publication copies
      Reuter  -  198 words
    • 122 5 AFP CHARLES RICHTER, who developed the scale bearing his name to measure the magnitude of earthquakes, died in California on Monday from congestive heart failure. He was 85. Mr Richter had suffered from heart trouble for many years and had been hospitalised after a heart attack a
      AFP  -  122 words
    • 288 5 AFP PRESIDENT REAGAN, after talks in Washington yesterday with King Hussein of Jordan, said he hoped there would be direct Middle East peace talks "before the end of the year". In statements issued after the meeting, the two leaders gave no indication
      AFP  -  288 words
    • 116 5 Reuter MUSLIM EXTREMISTS holding six US hostages have kidnapped four Soviet officials in Beirut and threatened to kill them unless Moscow intervenes to stop the fighting in Lebanon. The shadowy Islamic Jihad group said in Beirut yesterday that the four would be executed
      Reuter  -  116 words
    • 573 5 Industrial nations want to end barriers NYT THE MAJOR industrial nations have called for a rapid start of international trade-freeing negotiations that would seek, for the first time, to end obstacles to trade in services and goods. The US, the European Economic Community, Canada and
      NYT  -  573 words
  • Page 4 Advertisements
    • 103 4 It's here already and it wasn't despatched until six p. m. last night? Man, that's astonishing!' Our couriers are more than tall, dark and handsome they're fast. TNT Skypak. The fastest, safest possible way for urgent consignments to reach your clients anywhere in the world. And we mean anywhere. 0
      103 words
    • 190 4 L 531 Em Am Clipper Class. For The Price Of An Economy Tkkeh m SERVICE APARTMENTS MAISONETTES AT HOLLAND AVENUE Conceived with much thought for privacy and ambience. Warner Court epitomises the comfort of a home away from home Nicely nested in the renowned and picturesque Holland Village for long,
      190 words
  • Page 4 Miscellaneous

  • Page 5 Advertisements
    • 111 5 WORLD'S FINEST WHOLE-BEAN COFFEE "v BONCAFE is 100% pure, freshly roasted, choice coffee beans from the key regions of Costa Rica, Colombia, Brazil and Kenya. Packed in a special gold foil bag to seal in the original freshness of good coffee. And ground only as and when you require to
      111 words
    • 63 5 CAM US XO ELECTED THE BEST H i < 2* The luta'MrtnwJ Wbk4 SpirtCompfbtinn MM GOLD AWARD Producer CM* cwgn* nmqce SA Entered bv: < THIS IS TO CERTIFY that the above Amid was made after analysis arid blind tasting in full International Competition and m accordance with the IWSC
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  • TRAINING & DEVELOPMENT
    • 562 6  -  Many taking jobs in unrelated fields By ANNA TEO A COMMON THREAD links an increasing number of young graduates now working as store managers, insurance agents and civil service administrative officers they all hold an engineering degree. While there are those who are still unemployed, a
      562 words
    • 330 6 A PASSPORT to a computer science degree course in at least one British polytechnic has been offered to the top 10 local students armed with a diploma in computer studies from the UK's National Computing Centre (NCC). The 10 distinction-holders, who must have
      330 words
    • 129 6 PROLONGING the life of buildings has taken on a more urgent note as Singapore's buildings the bulk of which were built in the past 15 years age and as construction work slows down. Responding to this need for a more efficient use of buildings, the
      129 words
    • 633 6 I Seminars and f BYm 3HHK7*H 1. I* C» W VN/N i {nr> 1 Courses h m txposii ion Tlx; R© o-» ao£ J 5SSSSS DURATION TITLE VENUE ORGANISER TELEPHONE Oct 8 Diploma in Business National National *****34 (commenceAdministration 3 roductivit y Productivity ment date) 3oard Board Oct
      633 words
  • Page 6 Advertisements
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      292 words
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  • Page 7 Advertisements
    • 70 7 When we imprint your name on the Card, we make quite a commitment to the promise of respect, recognition and quality service* Thus, membership is neither lightly given, nor, we trust, taken. This, after all, will be the only Card you'll ever really need. Bearing this in mind,we'd like to
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  • FEATURES
    • 475 8 FOR ALMOST TWO WEEKS last month, Prime Minister Lee Kuan Yew trudged, together with 29 other Singaporeans, to various parts of China. Valuable time was spent. The question is: Were the results worthwhile? There are observers who continue to assert that the trip need not have
      475 words
    • 833 8  -  Simex has proved itself a useful cover recently when the US dollar took a plunge and American traders were caught long on dollar futures and short on other currencies, reports H J MAIDENBERG. But the linkage still has its shortcoming, says DAVID GABRIEL in
      NYT  -  833 words
    • 276 8 MONDAY, SEPTEMBER 23, saw the heaviest involvement in Simex by Chicago futures traders. In total, 48 per cent of the day's volume was generated through the mutual off-set system as American traders sought to unwind positions. The largest interest was recorded in the Euro
      276 words
    • 177 8  -  letter to the Editor Weil Wisher Dear Sir, I read the article in Business Times on Sep 18 regarding the closure of Fatty's in Albert Street. It is a restaurant much loved by overseas visitors and it is one of the final links with the
      177 words
  • Page 8 Advertisements
    • 102 8 A/oid the business On British Airways Super Club you'll never get squeezed into a centre seat. Because there are no centre seats. Our seats are arranged six-abreast, in pairs. Wherever you sit, you're next to a window or an aisle. With all the room you need for eating, sleeping, reading,
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  • Page 8 Miscellaneous
    • 656 8 CRYPTIC PUZZLE ACROSS t A turn at pontoon? (5) 6 Is such grass comfortable to sit on? (5) 9 Where we may take maths (4, 3) 10 Understood to be captivated (5) 11 Checks the siren, possibly (5) 12 Hunter in outer space (5) 13 To get more than even,
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  • SPORTS
    • 344 9 UPI TEXAN John Mahaffey, who had an eagle on No. 10 and birdied three of the last four holes to force a sudden-death playoff, won the rain-delayed Texas Open, over Jodie Mudd on the second extra hole. "You're liable to win when you least expect
      UPI  -  344 words
    • 268 9 AP THE US and Australia have been seeded to meet in the final of this month's US$l.2 million Dunhill Cup, the world's richest golf tournament. The world team competition, worth twice as much as the British and US Open championships,
      AP  -  268 words
    • 583 9  -  By WALTON MORAIS AFTER A SLOW START, response to the third leg of the Ellesse Circuit tennis competition has been overwhelming. By the time entries closed on Saturday, the organisers had received 38 entries for the men's section, forcing a special qualifying tournament to be
      583 words
    • 414 9 AP WHAT BEGAN as a yachting competition has escalated into a heated rivalry between the Italian island of Porto Cervo's two leading resorts. In one corner of Sardinia lies the Costa Smeralda, founded by Prince Karim Aga Khan in 1962. In two decades, it has vaulted
      AP  -  414 words
    • 89 9 Reuter A BODYGUARD has been hired to protect Wimbledon champion Boris Becker from his adoring fans at this weekend's Davis Cup semi-final between West Germany and Czechoslovakia. With reports that tickets are fetching 10 times their face value on the black market, organisers
      Reuter  -  89 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 1424 9 Wf QBE) GMDIKD X 4 Keyboard wizard Harbia Hancock cooks up a storm with his band tonight APPLAUSE SOUNDS OF JAZZ HERBIE HANCOCK AND THE ROCKIT BAND 9.00 pm, Channel 12 This musical extravaganza shows the brilliant Grammy Award winner, Herbie Hancock, and his Rockit Band in action. The concert,
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    • 37 9 the, colours seen Tue, 6uue of "fap\T cjhrps SO ViBRR NT IN TvA£. SO IT .TWe OF HIS ftfcl&HT SONSHINC... I THE; OP M»S SOCKS v y IfinStOKTrfraakl^cfceng LOVC To PR£K fVT *TH»S T»me, Of Au ii
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  • INTERNATIONAL STOCKS
    • 84 10 Reuter T ROWE Price Associates, one of the largest money management companies in the US, is considering a plan to offer stock to the public for the first time next year. George Roche, its vice-president and chief financial officer, said the company may offer a
      Reuter  -  84 words
    • 343 10 Reuter SHARE PRICES rose on Wall Street on Monday in the first session of newly expanded trading hours, mainly because of a resurgence of interest in some takeover candidates. Traders said it was difficult to assess whether opening trading 30 minutes earlier at 9:30
      Reuter  -  343 words
    • 90 10 Sif 30 a Hud Boy Min Imp Oi 50* Abfflbi 21 Irico 17* 34* 15% 18 V. 15* 20* 29* -M 2* Bank Nova Scotia 12* Mc Bkxtt 17* 41 17* BP Can Ltd 32H 32* 36 11| i] 15* 16* Carina dCnft 13* 34* C/nbt Rd Lk 30
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    • 203 10 SEP 90 M MOUSTRIALS Una*c Wootworth MM S35 1500 HNGS -20 unch A Alpha 850 unch -5 unch unch mch 5 Angto* 3375 35 A£ And a 760 Angfvoa* I0500B 200 Amaprop Buffeb 7550 -50 1170 Charter 760 10 C G Smith CNA 50 -5 1750 -50 Cora Murch
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    • 496 10 scr >o US$ 18* 46* •K Fluor Cp 15* 4- NCR Corp 33* 4-* Alcoa 33 FMC Cp 63 1* wiimi it Mng 42* 68* •1 Alaghany Lud Afead Own Cp 22* 44* unch 4-2 3* Fraaport Mnrl Frai4>ouf Cp 17 23* unch Afe-Chalmar* Am Brands Inc 3*
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    • 845 10 Amsterdam sir Fh A8N 495.00 4-3 Aagon Ahold .9380 +18 259 00 +3.5 121.20 -0.6 AMEV 281.00 +1 Amfai Amo Bonk Baikal Bob I 85.80 70 8 38.60 +0.6 425.00 -5 Botfcafc Bir Tat 103.30 -0.6 Cotond 445.00 -8 Dai M* Bboviar F* Fokkar Gamma Gattxoc Hbg Hamakan
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  • Page 10 Advertisements
    • 326 10 Carrie Models fWmatr a! Mr Bmt HoM Afmcy Anurd of the *m) floor at the sGarden Hotel Ifeat yoaraetf to a torupttovs spread of putrid tad local while Carrie Modda show off ctmUom from Meftetn, Maria Bootiqoe, Bootiqoe PhUoaeoa aad Mtaaa Bootlqae. Make ap by Cover Girl cocaietks. CaO *****44
      326 words
    • 100 10 ■n. ft.# ■"a© ayHMfeC! iWWBB? 4MB» BUM 4 fc 3Hto.'iHrWw ma Monday, Tuesday, Wednesday... hmm, just like Mum's cooking Welcome to our daily special dish! It's local. It's mouth-watering. It's super value for your money. Monday is our Bah Kut Teh-day. On Tuesday well, we won't spoil the v surprise
      100 words
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    • 79 10 o**4B f unkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50-H--FURAMA SINGAPORE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel 533 3888 J\ Your Best Remedy at the Den
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    • 165 10 ftjr authenticTteochew delicacies, come to Rrig Cheng Lou Special raaily Neaps |1I(K« Neaa (for paneaa) Crown rrlnce s three-dish combination Teochew toyed goose me«t Dried scallop with green vegetables Braised duck with lemon in soup Steamed pomftet Dissert ttO>« Neaa (for 4 peraoaa) ring Cheng L6u s two-dish combination Tried
      165 words

  • ASIAN STOCKS
    • 373 11 HONGKONG: Share prices yesterday closed slightly higher in quiet trading in the absence of fresh factors. Turnover was HK5129.63 million against $247.43 million last Friday. The market was closed on Monday for a holiday. Brokers said last Friday's announcements of interim results helped sentiment, particularly since there were no
      373 words
    • 271 11 OCT 01 HT Kuochan De* Lien Hwa Itk^js 14 35 12 70 1 25 0 35 -0 25 Nan Ya Ptas 24 60 02 AJ Smcere krKfcjs 290 Poo tic Cons 15 00 0 1 Asm Cement 19 10 0 1 Pocitic Elect 13 25 02 Coitioy Cons 23
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    • 417 11 TOKYO: Share prices closed slightly lower in frantic trading on the first business day for the new fiscal year of Japanese brokerages. Turnover surged to 1.25 billion shares, approaching the record high of 1.38 billion reached in August 1981. The market average slipped back 14.75 to *****.36 after gaining
      417 words
    • 82 11 MANILA: Share prices closed mixed in quiet trading. The Commercial and Industrial Index rose by 0.15 to 163.42 and the mining marker fell by 4.98 to 655.97. Oils was again unchanged at 0.804. OCT 01 Acof« Mmmg Anglo Phrf Oriental B PMex B Picop B 0015 0 14 unch
      82 words
    • 380 11 SYDNEY: Australian share market indices broke records for the fourth consecutive trading day, on strong demand for BHP, CSR and other leading stocks. Brokers said gains were fuelled by a shortage of scrip. And strength carried into the industrial as well as oil and gas sectors. Near the close,
      380 words
    • 137 11 BANGKOK: Stock prices closed lower in moderate trading. The Book Club Index dipped by 0.32 point to 132.13. Declines led advances by more than a four-to-one margin. Turnover stood at 285,094 shares worth 40.5 million baht compared with 113,128 shares worth 16.3 million baht on Monday. The Seoul market
      137 words
    • 128 11 Reuter THE CHAIRMAN of Broken Hill Pty Co Ltd, Mr James Balderstone, is confident that BHP will continue the profit improvement of the last two years. The very good firstquarter profit, reported last week, shows that the trend is continuing, he told the annual meeting.
      Reuter  -  128 words
    • 183 11 AFP MITSUBISHI Motors Corp (MMC), Japan's leading car maker, has chosen Illinois to be the site of a plant for 1,800 cc car production in a tie-up with Chrysler Corp. A Japanese press report, quoting sources "related" to the company, said Mitsubishi was finalising
      AFP  -  183 words
    • 164 11 Reuter PHILIPPINE Associated Smelting and Refining Corp (Pasar), the owner and operator of the Philippines's only smelter, has asked the country's Supreme Court to deny the bid of Benguet Corp for a general export clearance from the Trade and Industry Ministry. Pasar filed
      Reuter  -  164 words
    • 99 11 SEVEN-ELEVEN Japan Co will raise its dividend to 27.50 yen for the year ending Feb 28, 1986, from 23 yen a year earlier, a company spokesman said. It will also sell one million new shares at market price through a public placement with payment on» Nov
      99 words
  • Page 11 Advertisements
    • 578 11 From September 27th to October 28th '85. you can feast on a mouth watering array of true American fare Sit down to a fabulous, honest-to-goodness all-American spread ranging from tender juicy ribeye. tenderloin and striploin steaks and the choicest roast beef, accompanied by nutritious baked potatoes, to fresh sweet peaches,
      578 words
    • 173 11 Lets booze to the music r\ < +*sm V IK HAPPY HOURS: spm 7pm daily ixAngp Hoi rock or favourite contemporary*, this popular all-girls. Six Angela Band, plays and singa right into your heart. Brings you into a world of pure entertainment while you drink away into the night. Show
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  • RAW MATERIALS
    • 455 12  -  By BRIAN GOMEZ WORLD PRODUCTION of soybean is almost double that of palm oil, but palm oil dominates the world trade in vegetable oils. The strong US dollar and world economic conditions caused US soybean exports last year to drop 19 per cent,
      455 words
    • 237 12 A GROWING aquaculture industry in South-east Asia and the use of soybean as feed is proving an appetising new market for American soybean exporters. An expert in aquaculture will soon be joining the Singapore regional office of the American Soybean Association because of the growing demand from
      237 words
    • 223 12 WHEAT FUTURES on Monday closed 3 l /t to two US cents a bushel lower on the Chicago Board of Trade. After rallying briefly, December ended near the bottom of a s'/2 cent range. Rumours that the Soviet Union would buy US wheat lifted values earlier, but the talk
      223 words
    • 84 12 Reuter MALAYSIA will open an experimental plant to convert crude palm oil into diesel fuel next month, Primary Industries Minister Paul Leong said yesterday. The plant, which will be able to produce 3,000 tonnes of palm diesel a year, will be at the Palm Oil
      Reuter  -  84 words
    • 199 12 A FLURRY of professional house selling on Monday pushed soybean futures down late and prices settled with losses of one to three US cents a bushel by the close. November ended near the bottom of a 6'/4 cent range. Professional houses sold a collective four million bushels of November
      199 words
    • 287 12 Singapore C-l Ord unq (SS/kilo, e«-godown) Loonzoin Rice Frogront new crop i<« n 7A 100% 1st grade 100% 2nd grade unq 215 2nd 0 54 100% 3rd grade unq 3rd 052 Parboiled Rice New Crop 5% 215 25% no stock 10% 210 10% no stock. Thai Broken Maize unq
      287 words
    • 171 12 THE MALAYSIAN crude palm oil prices yesterday closed slightly higher on light covering interest, supported by the rebound in Chicago soyoil futures, dealers said. Trading was thin as most operators remained on the sidelines following lack of other factors, particularly foreign demand. Interest centred on new spot Oct
      171 words
    • 872 12 COFFEE CONFUSION over the implications of the International Coffee Organisation's failure so far to agree a quota opened the door for the speculators in robusta coffee futures yesterday morning, and values fluctuated widely to end the session down £36 to £55 a tonne from Monday night's close. Initially
      872 words
    • 111 12 THE TIN PRICE 1b Koala Lnmpnr yesterday dropped II cents to close at M 531.10 per Idle, reflecting the premium held ever the spot price ei the London Metal Exchange, dealers said. Yesterday's premium was £1M per tonne, narrowing from £281 previously, heeasse of sterling's recovery against the
      111 words
    • 175 12 Yarn (In HK$ per bole of 400 lb) China corded yarn, cones Blue Phoenix 16's 2,500 Blue Phoenix 20's 2,550 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Carded yarn, hank Blue Phoenix 2l's 2,750 Combed yarn, cones 4,100 Blue Phoenix 32's Blue Phoenix 40's 4,300 Open-end yarn 2,200
      175 words
    • 178 12 SINGAPORE THE MARKET yesterday closed slightly higher with November One RSS buyers quoted at 163.00 cents per kilo, up one cent from Monday. MALAYSIA The market closed slightly higher on reserve of sellers, at 183.50 cents per kilo (or the new trading month, November Int One RSS buyers, up
      178 words
    • 151 12 Chineee Produce Robusto 20/25% FOB NSW 440 00 Exchange (Setters' noon dosing pi rices on Nutmeg Oct 1 (SS/100 kg). no FOB NSW E&W FOB NSW 471 00 339 00 Coconut oil Bulk FOB 80 00 Gambier 330 00 OW drum FOB 9300 FOB NSW New drum FOB
      151 words
    • 344 12 RAS prices in S cents/kg. FOR in t> ales NOON CLOSE Buyers Sellers Buyers Settofs Int 1 RSS Prompt 159 00 160 00N 159 50 160 SON Int 1 RSS Nov 85 162 50 163 00 163 00 163 50 Int 1 RSS Dec 85 163 00
      344 words
    • 110 12 (cants/kg, 1-ton pollets) N Qy gj DEC 85 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 141 00 143 00N ***** 144 OON SSR 50 139 00 141 OON 140 00 142 OON MRELB Buyers Sellers Buyers Sellers SMR CV 197 00
      110 words
  • Page 12 Advertisements
    • 268 12 INCHCAPE BERHAD (Incorporated in Singapore) The Directors announce the unaudited results for the Group and for the Company for the half year to 30th June 1985. GROUP COMPANY There were no pre-acquisition profits nor rights, bonus and other issues of equity shares since the previous dividend was paid. The Group
      268 words
    • 59 12 FOR SALE Surplus Oilfield Materials Inventory of surplus drilling equipment and tubulars located in Jurong Marine Base. For details please contact the materials department of Phillips Petroleum Co Far East. Telephone *****22 ext 322. Pr« I in i iSHpi as* y» 'i' SNHNh 5 1 in.!', 1 Ii 1 o
      59 words

  • SHARE INFORMATION
    • 4380 13 PUNTERS and speculators had another eventful day on the Singapore stock market yesterday, with keen interest focused on a new group of Malaysian issues. Banks, hotels and properties were neglected, although dealers said there was some selective buying of plantation shares. Blue-chip stocks
      4,380 words
    • 270 13 SINGAPORE Rises Indices Somondo HMy 248 64 BT Composite Sep 30 Oct 1 665 13 662 0% U M Flour 970 50 BT Indxotoi *****48 *****09] C A S H so< 366 48 BT OB/OS 177 +151 Mt ftMun 50« 177 44 CADI 5059 -5069 tolwgti 386
      270 words
    • 5251 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".
      5,251 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 103 14 HONGKONG Monday 1455 4 Week ago 1412.0 Hong Seng Index Tuesday 1520 99 NEW YORK Monday Closed Week ago 1553.24 Dow Jones Monday 1328.63 TOKYO Friday Closed Tokyo Dow Jones Week ago 1316 31 Tuesday ***** 36 Monday *****.11 Standard Poors Week ago *****.60 Monday 182 08 Friday
      103 words
    • 272 14 A Managers' prices MARA-Bumiputra for Oct 2 First B'putro 5 16 521 Singapore Unit Trust Second B'putro Third B'putro 4 77 383 4 82 388 The Commerce 1 91 2 03 Fourth B'putro 4 28 4 33 2 89 286 The Savings Fund 1 38 1 46 Fifth
      272 words
    • 367 14 TO PREPARE for the year-end rally which London stockbroking firm Grieveson Grant Co says is on the cards, investors should consider picking up selected blue-chip stocks. In its fourth monthly edition of The Dragon, covering the Hongkong and Singapore/Malaysian stock markets, Grieveson Grant says the
      367 words
    • 127 14 a whole to become more positive over the next couple of months" in anticipation of a number of economic and political developments. One of the investment stocks singled out in the September issue of The Dragon is Rothnuuts of Pall Mall (M) Bhd, the cigarette manufacturer. Rothmans Malaysia
      127 words
    • 574 14 INVESTORS on the Kuala Lumpur stock market continued to chase selected counters higher in active trading yesterday. Some stocks, however, continued to succumb to profit-taking and lost further ground. Speculative secondary issues attracted the most attention, scoring doubledigit gains. Blue chips took a beating and some
      574 words
    • 3378 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. MUS TRIALS A Choc (2.908X2) 2 70 (I) 2 78
      3,378 words
    • 620 15  -  Bigger feedmill stakes in China and Indonesia By AMY CHEOK GOLD COIN LTD has expanded its feedmill operations in China and Indonesia. The local animal feed manufacturer has acquired an additional 45 per cent stake in Far East Gold Coin (Hongkong) for HK$3.l4 million and
      620 words
    • LATEST RESULTS
      • 76 15 Group pre-tax profits of Ms2.B million on turnover of $17.63 million for the six months ended June 30, 1985. PPM said the group figures were not comparable with those of the previous corresponding period as United Pulp k Paper Co Ltd, which was treated a subsidiary
        76 words
      • 33 15 Group pre-tax profits of M 56.21 million ($5.06 million) on turnover of $30.5 million (419.43 million) for the six months ended June 30, 1985. No interim dividend will be paid.
        33 words
      • 48 15 Group pre-tax profits of M 531.7 million ($34.44 million) on turnover of $276.26 million ($253.24 million) for the year ended June 30, 1985. Directors are recommending a first and final dividend of 8 per cent (tax exempt) on the enlarged capital of $170 million.
        48 words
      • 50 15 Net loss of M 587,000 (prof- its of $184,000) on turnover of $2.7 million ($3.68 million) for the year ended June 30, 1985. Directors are proposing the payment of a final dividend of 1.58 cents gross per share on Nov 22 to shareholders registered on Oct 25.
        50 words
      • 61 15 Group pre-tax profits fell to $129,000 from $5.17 million on turnover of $28.86 million ($52.4 million) for the six months ended June 30, 1985. Ssangyong says its performance was adversely affected by the continuing squeeze on margins due to intense price competition from an overseas bulk
        61 words
      • 25 15 Pre-tax loss of $1.59 million (profits of $83,000) on $4.04 million ($7.49 million) turnover for the six months to June 30, 1985.
        25 words
    • 483 15  -  By CHAN OI CHEE THE GRAND UNITED Holdings (GUH) group of companies, led by Malaysian politician and businessman Tan Koon Swan, has turned in less than grand year-end results. Although GUH managed to show respectable earnings at the
      483 words
    • 266 15 L&M GROUP INVESTMENTS has reported much lower profits for the full year but is maintaining its dividend payout. Directors of the specialist subcontracting group, which went public last January, have proposed an unchanged final dividend of 12 per cent
      266 words
    • 222 15 DIRECTORS OF Malaya Tin Printing have strongly urged Van der Horst shareholders to accept the revised offer terms on two grounds. Firstly, the scope of growth that MTP and Van der Horst could enjoy together. Secondly, the possible effects on the
      222 words
    • 217 15 AMALGAMATED Properties Industries Bhd is merging its packaging operations under Flexipak Sdn Bhd with those of Pakcel Sdn Bhd, the Malaysian unit of a Belgian group. Under an agreement signed recently, API will retain 74 per cent of the equity of the new
      217 words
    • 56 15 ROBERT Kilgour Booker has resigned as a director of Jack Chia-MPH and Hotel Tai-Pan on Sep 30 due to ill health. At the companies' respective AGM, a resolution was passed to allow directors of both companies to issue shares of not more than 10 per cent of
      56 words
  • Page 14 Advertisements
    • 676 14 CHM (INCORPORATED IN SINGAPORE) The Directors of Chuon Hup Marine Limited (the Company) are pleased to announce the audited results of the Company and the Group for the year ended 30 June 1985. Latest Year To 30 June 1985 Previous Year To 30 June 1984 TURNOVER Investment and other income
      676 words
    • 195 14 "If a promise is made, keep it. Be prompt. Be expeditious. Above all, insist on the highest colour perfection attainable". Just a tew simple concepts made by us when we opened our doors back in the 1960s As a family owned full-service lab, we have the technology and facilities to
      195 words

  • Page 15 Advertisements
    • 25 15 RESEARCH LIMITED offers new Credit Rating Scheme for Singapore companies. For free copy of. our Key to Rating and/or brochure please call Florence at *****45
      25 words
    • 310 15 JLW INDUSTRIAL PROPERTIES 5K C? << ~v~ <• FREEHOLD FACTORY/OFFICE COMPLEX Comprises 2-storey administration building, 4-storey factory building, single-storey workshop, 2-storey office block and canteen. Total area: 27,000 sq.m. Located at junction of Hillview Road and Upper Bukit Timah Road, 2.5 km from PIE, along main bus routes and new
      310 words

  • 400 16  -  By LOH HUI YIN THE PROBLEM of finding capital for high-risk ventures may have been eased, but there is still a gap in the provision of back-up services for venture entrepreneurs. And one of the causes was a lack of understanding among the
    400 words
  • 121 16 THE FINANCE MINISTER, Dr Richard Hu, will lead a fourman Singapore delegation to the joint annual meeting of the World Bank and the International Monetary Fund in Seoul next week. The other delegates are Mr Chuang Kwong Yong, the deputy managing director of
    121 words
  • 75 16 AFP THAILAND'S annual military reshuffle went into effect yesterday but for the first time was not made public. The reshuffle mostly attrition and promotions reflecting the military's mandatory retirement age of 60 is normally heralded by multi-page newspaper listings reminiscent of high school graduation
    AFP  -  75 words
  • 429 16 ACCUSATIONS of political bias in the handling of a correction and apology that appeared in The Straits Times In January 1962 were denied yesterday by an associate editor of the newspaper. Mr Leslie Fong said that while his sympathies lay with the People's Action Party, he
    429 words
  • 1077 16 EQUITIES closed just below their mid-morning highs yesterday, generally tailing off through lack of support after a firm start in response to Wall Street. At 3.30pm, the FTSE 100 Index was up 4.6 points to 1,294.6 after a high of 1,296.6. Hanson Trust closed 7p higher at 203,
    1,077 words
  • 538 16  -  Warning of worsening conditions By BRIAN GOMEZ A STRONG ATTACK on the regime of President Marcos of the Philippines was mounted yesterday by a panel of leading Filipino figures meeting in Singapore. They warned that political and economic conditions in the Philippines would continue to
    538 words
  • 322 16  -  By LUCY NG HE LOST HIS BUNGALOW earlier this year to the mortgagee. And besides having faced tax evasion charges himself, he had once been a prosecution witness when his father was on the stand for similar charges. In March, he "disappeared" and just last
    322 words
  • 122 16 MR LEE KUAN YEW will meet President Reagan in Washington DC next Tuesday at the start of his official US visit. The Prime Minister is visiting the US from Oct 8 to 10 at Mr Reagan's invitation. He will be accompanied by Mrs Lee.
    122 words
  • 113 16 Reuter COMEX GOLD FUTURES snapped back to unchanged levels on bargain hunting demand in New York early yesterday. In moderate dealings, gold for delivery in December stood at U*****.60 an ounce with a net loss of $0.50. Analysts said gold was nervous ahead of the policy
    Reuter  -  113 words
  • 70 16 Reuter THE NEW YORK stock market turned mixed in early trading yesterday, with oil issues actively traded and adding to the gains of the previous two sessions. The Dow Jones Industrial Average was off one point to 1328. Advances led declines by a six-five margin on turnover
    Reuter  -  70 words
  • LATE FILE
    • 45 16 Reuter AN ANONYMOUS CALLER said yesterday that the Islamic Jihad organisation had killed two of the four Soviet hostages seized in West Beirut. The caller said the two killed were commercial representative Valery Mirikov and embassy doctor Nikolai Svirsky. Reuter
      Reuter  -  45 words
    • 33 16 Reuter ISRAEL yesterday confirmed that its jet fighters had blasted the Palestine Liberation Organisation headquarters in Tunis yesterday. Palestinian sources said PLO chairman Yasser Arafat was unhurt. Reuter
      Reuter  -  33 words
    • 37 16 AFP HONGKONG'S Civil Aviation Department yesterday agreed in principle to allow the Beijing-backed airline in the colony, Dragonair, to fly charters to the southern Chinese destinations of Guangzhou, Xiamen and Hangzhou. AFP
      AFP  -  37 words
    • 49 16 Reuter AN AUSTRALIAN district court judge was found not guilty yesterday of trying to pervert the course of justice. A jury cleared John Foord on two charges of attempting to influence fellow judges in the trial of Sydney solicitor Morgan Ryan over an alleged immigration racket.
      Reuter  -  49 words
    • 25 16 AP CHINA yesterday established full diplomatic ties with the Caribbean nation of Grenada, said the official Xinhua news agency. AP
      AP  -  25 words
    • 28 16 UPI HELEN MACINNES, one of the most successful modernday espionage novelists, died at the New York Hospital on Monday. She was 77 years old. UPI
      UPI  -  28 words
  • Page 16 Advertisements
    • 224 16 *A JACK'S PLACE a place for steak k <£» SR. M Joe AIRFLOWN NEW ZEALAND FILLET PROMOTION (IST TO 31ST OCTOBER 1985) JACK S 20 WAYS OF STEAK PRESENTATION Come to Jack's and get the taste of the tender, juicy NZ steak presented in 20 different ways. You'll definitely love
      224 words
    • 97 16 r HAMMER HOME A FEW INTERESTING FACTS ABOUT AIHEX Asian International Hardware Expo 3rd Presentation 20-23 November 1985 World Trade Centre, Hall 4 Singapore AIHEX is South East Asia's largest hardware show. AIHEX has been expanded to include a special section devoted to Housewares, Tableware, Lawn and Garden and DIY
      97 words
    • 3 16 8m P*g« 5
      3 words
  • Page 16 Miscellaneous
    • 59 16 Outlook for today: Portly cloudy, with showers in several areas in the early ond late afternoon. Report for 24 hours prior to 7 30pm on Oct I at the airport: Maximum temperature 28.8 Associated humidity 86 Minimum temperature 24.7 Associated humidity 95 Hours of sunshine 1.60 Roinfoll in millimetres 4.1
      59 words

  • SHIPPING TIMES
    • 128 17 Reuter THE SUEZ Canal Authority's chairman Mohammed Ezzat Adel has clarified an earlier announcement of an average 3.4 per cent increase in Suez Canal tolls. He said the increases were set at 4.4 per cent for the first 5,000 tonnes, on a rate
      Reuter  -  128 words
    • 354 17  -  By LINDA CHEE PACIFIC International Lines has been appointed general agents for a Chinese company's new bulk service from South-east Asian ports to Europe. The company, China National Foreign Trade Transportation Corporation (Sinotrans), will start a monthly service from next week, carrying
      354 words
    • 245 17 Reuter THREE JAPANESE trading houses are bidding separately on construction of a grain export terminal in Ganqingzi, China, close to the Port of Dalian, a spokesman at Mitsubishi Corp said. Sumitomo Corp and Nissho Iwai Corp are the other two firms participating
      Reuter  -  245 words
    • 204 17 Bernama THE PROPOSED hovercraft ferry services between Penang and Langkawi and between Johor and Singapore will become a reality next year, according to a spokesman of Penang Shipbuilding Corporation (PSC). PSC financial and commercial director Mr N Vamathevan said the company would start building
      Bernama  -  204 words
    • PORTSIDES
      • 88 17 Reuter CONFERENCES WILL raise their currency adjustment factor (CAF) because of the recent sharp change in the yen's value against the dollar. The Sabah, Brunei, Sarawak Freight Conference will raise its CAF to 24.5 per cent from 20.0 per cent, and the Japan/Taiwan/Japan Container Freight Conference will raise
        Reuter  -  88 words
      • 108 17 Reuter IRAN ALLOWED the Japanese vessel Togo Maru to sail to Kuwait after seizing 472 tonnes of cargo bound for Iraq during a 10-day detention, Tehran Radio said. The radio reported that the ship was released at 1500 GMT from a southern Iranian port. Japanese
        Reuter  -  108 words
    • 445 18 Lloyd's List A VOLUNTARY scrap or lay-up scheme may be introduced among Dutch dredging contractors as part of plans to reduce the huge surplus of dredging equipment and limit cut-throat competition. The Association of Dutch Dredging Contractors (Centrale Baggerbedrijf) is discussing with its members
      Lloyd's List  -  445 words
    • 757 18 AFP A DRAMATIC improvement in bulk carrier rates for grain liftings from the US Gulf was witnessed over the past week. After seven year lows less than two months ago, an upturn in autumn demand and Soviet chartering of vessels for between two and 10 months were said
      AFP  -  757 words
    • 132 18 AFP CHINA'S first tanker of offshore crude oil was shipped yesterday, the country's national day, from a platform in the Bohai Sea to the northeastern Port of Dalian, Chinese officials said. The shipment, the first fruit of China's commercial offshore production, is to be
      AFP  -  132 words
    • 886 18 A Top Ent X 2 AB Shpg V 5 Accord Shpg IX 2 Afea Line VI 3 Affirety Shpg IX 3 Ahrenkiel Lmer X 2 AC Toepfer X 5 Alphotrons X 1 A PC Lme V 4 APL 2/3 Ant oh Orient X 2 Arrow Lmes X
      886 words
    • 1335 18 FIRMNESS persisted on North American grain trades but overall chartering was slight on Monday on the London shipping freights market. The most noticeable advance was a jump in the US Gulf-Japan grain rate for 52,000 tonners to U5514.25 (fio) from $13.50 last paid. Zennoh conceded that figure to
      1,335 words
    • 223 19 UPI A 40-KILOMETRE LONG oil slick oozed down the Delaware River on Monday despite the efforts of three states and the Coast Guard to contain 1.9 million litres of crude oil that spilled from a grounded tanker. "I would say that with the ebb and
      UPI  -  223 words
    • 730 19 AP OIL AND SHIPPING experts in the Persian Gulf region say they are not convinced that Iran could carry out its threat to close the Strait of Hormuz, as it has threatened to do if Iraq continues trying to shut down Iran's
      AP  -  730 words
    • 207 19 AFP DELIVERY DELAYS continue as Chinese ports remain unable to accommodate rapidly increasing foreign trade, Chinese Communications Minister Qian Yong Chang said. In spite of sizeable efforts to increase port capacity, China's ports "still cannot meet the needs of growing foreign trade because of poor
      AFP  -  207 words
    • 203 19 Oct 8-10 Offshore computers conference and exhibition, Aberdeen Exhibition and Conference Centre, Aberdeen. Oct 9 Sundials. Honourable Company of Master Mariners technical meeting, 1740 hours, HQS Wellington, Temple Stairs, Victoria Embankment, London WC2. Oct 14-19 Expoship Riomar 85. The fifth Seatrade organised exhibition in this biennial series will
      203 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 CHINA OCEAN Shipping Company will extend its Far East-Europe full container ship service to Dunkirk. Decision to put regular calk at the French port was made after the Chinese state-owned company made a promising trial sailing via Dunkirk at the end of July. Cosco will
      120 words
    • 2766 24 3®aBG)I!EB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      2,766 words
    • 672 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location K Chance 23W 2.10 85 1600 Str Cont Fl 0700-0800 G3 Cnmmitschau 7/85 2.10.85 1700 S'pore Shpg Fl 0800-0900 B7 Zim Kaoh HE 2.10.85 2300 Star Shpg F7 0900-1000/1300-1500
      672 words
    • 1624 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Lme Atricon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus ShippmgAgencies (S) Multiport Sdn Bhd (PK) Amencon
      1,624 words
    • 372 26 AT CONVENTIONAL WHARVES VnnI Berth Arrival Departure KEPPEL WHARVES Belait K25W alongside 2.10/0600 Blue Ridge K36 alongside 2 10/0715 LJ Bontang K35 alongside 2 10/0700 Niaga 21 K20 alongside 2.10/0700 Pres Wilson K10 alongside 2.10/1100 Str Venture K24E alongside 2.10/0600 Altair K27 2.10/0900 4.10/0900 Fuiikawa K30 2.10/2000
      372 words
  • Page 17 Advertisements
    • 1113 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. THE BOOKSHOP mOrjent Overseas CwtcMUA. Line Agents: MMMf SHPPMC MEMOES (let Ho 242*4/00*) 70 Shenloo Way *04 03 Manna Hotn* S«|Joor* 0707 TH *****11
      1,113 words
    • 74 17 mm A VOLUNTARY scrop or loy-up scheme moy be introduced among Dutch dredging contractors os port of plans to reduce the huge surplus of dredging equipment. Page II SHIPPING EXPERTS in the Persian Gulf region are not convinced that Iran could carry out its threat to close the Strait of
      74 words
    • 1289 17 In Search I v'u 'i /i>Y /v\v; 1 < \i <h: This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense TIMES me bookshop M MAERSK LINE (SINGAPORE) PTE. LTD. M S NOW BERTHED AT SOUTHPOINT
      1,289 words

  • Page 18 Advertisements
    • 381 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANAOA Pacific South Waat FNdtr at Tokyo Mother VSL U/LB OAK S KASHU 26/10 29/10 P ARROW 2/11 5/11 BEISHU M 9/11 12/U J APOtLO 18/11 19/11 (CD CUKHT *15/5 WD VAN NECK *11/5 TOR MY *28/5 NED CIEftCNT *18/5 t Aho icceptnt
      381 words
    • 294 18 11 Supercarrier Service 1/12 1/12 21/12 22/12 11/1 112/1 N tOCKSTH N ROTTERDAM Sated 4/11 14/11 12/11 24/10 4/11 KII ARRIVALS N ROUEN 16/10. BARBER PERSEUS 14/10. N ROSARIO t/U. BARBFR *CTt* t/11 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA uno perseus TOURCOMG BARBER HCTOR 15/11 21/11 J/12
      294 words

  • Page 19 Advertisements
    • 1089 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited I CONTAINERS*? SERVICE TO UK/CONTINENT iiverpool BAY KM VON TOKYO MY BENALDER CITY or EDMURGH FRMRFURT EXPRESS HAMBURG EXPRESS OSAKA MY BREKN fxrass BENAVON HONG KONG EXPRESS Abo Accepting Hsnbwf I* Rotterdam to BriMitaKn to Southampton UK S pore
      1,089 words
    • 747 19 Franco Belgian Services F+r fft r wxik Bt fjf /.»n4il full com mo soma 10 turn ROMAN CHMKt StKN 9AS BMDQ 9 Oct (7 Oct) 2t Oct 29 Oct II Oct 2 Ne, 3Nn 5Nw C« PAWS CHEHAII* Mil If Oct (14 Oct) 4Nm 5Nw 7 N*. 9 Nrr 10
      747 words

  • Page 20 Advertisements
    • 525 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandinavia. Med. Carribean IS. America Inland haulage to inland destination? in Europe I TO EUROPE/MED S pore PKHjntPenjnj lenoeiß#uo GenoJ Hbur, Rdam Bharen Renee Rickmfts 17/10 19/10 21/10 15/11 ■Mm Rickiiwrs 3110 3 11 5/1129 11 Mi, Rickmets 1/11 4/U 6/11 29/11 Ftha
      525 words
    • 333 20 M.S. LINE LLY CONTAINERISED SERVICE FUIIY COWTAMERIS£D TO FROM NORTH AMWCA WTST cOASI s fU« MOTHER WSSEI CCN 31E/KOREAN MOMS OK Stf CRT E/K MOMS SUN 431 HKC 46E/KOREAN WONB UN 54E CONVENTIONAL SERVICE To/From BUSAN MLHON BUSAN 26/10 CONVENTIONAL SFRVICE TO IRAN/PERSIAN GULF .Seven Seas Agents for PT GESURI
      333 words
    • 467 20 Hai Sun Hup Co (Pte) Ltd A*C,' TFL *****06 (20 Line*) TLX R*****1 R*****2 Ids INTERMARITIME LTD K Knabahi let; *****0 lakarti Td *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM Spot Pk On Mm El CT M V lUCAYAN ¥65 Sid In M 610 1/10 1110 75 10
      467 words
    • 676 20 o 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 FAR EAST/RED SEA/MEDITERRANEAN SERVICE MED/ADRIATIC/RED SEA F.E. SERVICE nc 13/1 21/1 27/» 1/10 13/10 SUE/ 11/1 27/ I 3/10 IVII 19/10 to 22/1 30/1 tio 17/11 22,10 GNA 10, 1 10/1
      676 words

  • Page 21 Advertisements
    • 1022 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel *****33 VESSEL KOTA MEGAH KOTA WIRAWAN KOTA WANGSA KOTA SEJATI KOTA AGUNG KOTA TIMUR VOYAGE E-585 E-563 E 589 E 591 E-593 E 595 HONGKONG SINGAPORE LOADING FOR: MUKALLA, DJIBOUTI, HODEIDAH, JEDDAH. AOABA ADEN. HODEIDAH. ASSAB. JEDDAH.
      1,022 words
    • 930 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT HAM 6 HAVER ROM* 24/10 26/10 27/10 4/11 S/ll 7/11 1/11 10/11 U/U 11/11 29/11 21/11 24/11 26/11 27/11 1/12 1/12 4/12 12/12 14/12 IVI2 19/12 21/12 22/12 25/12 27/12 21/12 CONTAINER SERVICE FROM UK/CONTINENT MM B HAVEN I DAM MAVNE SI ON
      930 words
    • 665 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE CONTAINER SERVICE" BUSAN YOKOHAMA GODA V* HB 11/ i it 1 MAJAPAHT Vft HB 11/10 14/10 MOKStHG W STOW MO 4/10 1/10 70/10 22/101 27/10 S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE GONA *?4 HB MAIAPAMT l»H WEST BOUND STOK HBAO
      665 words
    • 664 21 BOUSTEAD SHIPPING AGENCIES Mawlamyanf V2SW Lofcaw VIO2W *P»fo V/ 10 Bass* V7SW Htoneywi V/ 205* BURMA FIVE STAR (Burmese National Line) Loadnf for Ranioon Spore P.Keteni Pen** Soled (F Gud 5/6 Oct Soled 4/0 Oct In Port/4 Oct 10/12 Oct LOADING FOR EUROPE BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT
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  • Page 22 Advertisements
    • 1083 22 "K' line KAWASAKI KISEN KAISHA. LTD. UaA CANADA COAST (Including DESTINATIONS INLAND via |P| MICROBKIINiK A MINILAND BKIIH.K) FEEDER/ CHMA CONTAINER V3IE WHORE BRDGE W4B C. R PARIS VE UTOPIA VI MOTtER VESSEL NASHMGTON BRDGE VS GOLDEN GATE BRDGE V 4 HAKONE MARU V 32 OREGON BRDGE V 5 ASIA
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    • 306 22 Accepting LCL and containofiaod cargoes Direct to South Africa Accepti nt Containers Only rnnooiTif NEDUOYD COIOMBO 9219f Richards Sport Dutoan Bit 12/10 25/10 21/10 11/11 Clown E idn Maputo Plb 29/10 21/1 C 15/11 14/11 JARDffC SHPPMG AGENCES (REG. *****4/ 00K) 70 SHENTON WAY *04 03 MARINA HOUSE StIGAPORE 0707
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    • 547 22 if X/y'//f CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE I .«Iryt.,i Mr ANi.lll ->N It-i'ji 111 I) Mini lALUMA VANmUVIKBt An«V«¥ hi Fi| tu.fj *»fv AUSTRALIA EXPRESS CONTAINER SERVICE JAPAN SERVICE Uidmt lor Ko6r *<*oh«nj Nj o.) IX* i Mr,, Mm cj* hx S Kg,,, P»njn| PNHjnf Saifjporc iuj<fcn( Inr
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    • 567 22 GOLDEN LINE GUM GUAN SHIPPING (Pit) LID *«M| Iwif Premut B«* BiMn| W Ctci Sb««t SMGAPORE 0104 111 *****50 (10 IMS) 14 RUJU limpi *0711 P KHaxf 34/961 3fS4IS Past Gutonc A|ent Oltt NT UOTO <M) SON BHD TTI W37 STRAITS/PERSIAN GULF SERVICE: S pcx* P MangPtnanf GOLDEN ROWER Colombo
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    • 447 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 International P'a/a Singapore 0207 Tel *****1 1 (10 Lines! o BREAKBULK SERVICE TO EUROPE/UK II S parc P. KHjnfLoadmf Mr: FORT TRIE BBIWI3 SU SETE/ROTT/ANT/U* (AVON) ANANGEL LKRTY *****15 4/10 fi/10 ROTT/ANVU.K (AVON) A f enls Smjapore MTRASEA (PTE) 110 KXXK 224t511
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  • Page 23 Advertisements
    • 849 23 NOL NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandinavia S S BRIDGE S'pore Closing Times: FCL Cargo 0400 9/10 LCL Cargo 1200 8/10 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: SURABAYA.. JAKARTA SINGAPORE. PENANG P KELANG. SYDNEY 29 BURNE MELBOURNE 2 ADELADE FREMANTLE 11 Alio accepting caigo to
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    • 656 23 Spcrf k) Port 14/10 23/10 30 10 (/ll 1«/U 24/11 3/1? 11/1? P* 7/10 II 10 X/ 10 3/11 10/11 20/11 .'lll 7/1? 15/1? Busjn 19/10 71 10 5/11 14/11 ?1/11 1/1? 9/12 11/1? 26/17 wild No I Datum 507N No 7 Dan*n 50IN No 9 Datum 507N No I
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    • 899 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 ***** P KELANG PENANG M/S SHARKAT NAH SOON SON. BM> IST AND 2ND FLOOR MESSRS HM THONG SHPPMG 127 Penang
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  • Page 24 Advertisements
    • 722 24 Kcyimral Container Lines 4 Sailings weekly izaa! Fast Reliable Regular Punctual Berthing P S.A. Mon, Tue, Thur. Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPfCIALISFD HEAVY LIFIIRS AVAIIABtI Loadng for: Muscat, Dubai. Jebel U, Sharjah VEB DtUTFRACHT/SEEREEDEREI ROSTQC*. FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE STOKE AIT CRMMTSCHAU 7/«5
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    • 94 24 LOYAL SHIPPING LIMITED WRECT SERVICE TO AND FROM CWTTAGONG S«|*n lOTM. BHD (BwfMt* fU|) Oct X 71 Oct BFMGAL LINER LIMITED Snfaport Ptium RfN&AI ST Alt V 7 igjiHtoOwti lU|) H? Oct IH> Oct B9 PI fwjn, CONFER (SEA) SHIPPING PTE. LTD 7t, Souttt Bnift W 00 S port 010%
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    • 37 24 COLUMBUS LINE Penary P.Klanf Spore Jakarta Surabaya SOIC I 7 Oct S Oct 9 Oct 12 Oct 14 Oct Columbus Navigation Pte Ltd 50 Raffles Place #12-05 Shd Tower Tet *****00 Th: RS 256*5 LPS Contact John/Judy
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  • Page 24 Miscellaneous
    • 143 24 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wove height LEGEND R Thunderstorm C /<S, Weather —Wind direction with speed m 7 Shower Ra n Wove height Cloudy Sky Surface winds ore indicated by arrows which fly with the wind One full
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  • Page 25 Advertisements
    • 221 25 Hi W EAST ASIA LINE —J > (Malaysian Flag) Regular Lbwr SmicM Bttunn •TSIA/S'PORE/IMOIA P. Kelong Penong S pore Ldg for AMAH CHMafOfif MDCRA PERTAMA Saied Saied ta fort Bowfcay REGULAR JAPAN/STRAITS/JAPAN SERVICES LAMBOR 30/9 EAST ASM SHTPMG SON. aw. PI. TH: *****2/36 MFBC K.L. Tet *****t/S3tUO a rmOT tMPPiC
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    • 241 25 BAPID SHIPPING PTE LTD; L. S'PORE TEL: *****44 TLX: ***** K.L. TEL: *****5 *****9 FCL -I- LCL LOAWNG FOR ETA SM FAR EAST Hkc. China, Bus. Cinb. BXK 8/10 3/10 MAURITIUS Port Louis 1/10 31/10 UK/EUROPE Ldn, Rdam. Awerp, Hburf 10/10 17/10 AUSTRALIA Syd, Mel, Bri, Ade, Fre 2/10 11/10
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    • 435 25 AFFINITY SHIPPING PTE LTD TEL: *****00 TLX: ***** STLMC ETA ETD Accepting cargo for TON 20/10 23/10 Madras, Chalna/Chittagong SUBJECT TO INDUCEMENT VfTgi MENG HORNG SHIPPING PTE LTD TEL: *****47/•, *****45 Tlx: RS ***** HWICO V ACCEPTING LCL TO CHITTAGOMG REGULAR SERVICE TO MIA POUTS Vessel ETA ETD Loadnf for
      435 words
    • 140 25 OCEAN BRIDGE SHIPPING PTY LTD, FREMANTLE REGULAR SAILING TO FREMANTLE MV HELEN COAST ETA 10/10 ETD 12/10 'onet# fffnts Imkov Shipping Co Pto Ltd. L«1 Ctd SI #20M/W T«n [m BUf Snwi OIOC T# 22X277 LIN LIN SHIPPING PTE. LTD. 1. Magazine Road. «05-08 Central ButMtng. Singapore 0105 Tat: 533M14
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  • Page 26 Advertisements
    • 377 26 WEC. WEST EUROPEAN CONTAINER UNES MEEKLY FUU. CONTAIO SOHfICE VU ROTTERDAM TO: CANARY ISLANDS TENERIFE. LAS PALMAS. FUNCHAL PORTUGAL LISBON. LEIXOES (LCL ACCEPTABLE) Singapore agent: ALPHA TRANS SERVICES (SEA) PTE LTD TEL: *****26/ *****58 Security Freight Systems Pta Ltd 14A BENOI SECTOR. SINGAPORE 2262 TEL: 264-1388 TELEX: RS ***** MOVEIT
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    • 440 26 BATAM REGULAR RELIABLE Barge Loading/Departing Every Wednesday/Thursday A TOP ENTERPRISES PTE. LTD. 2 Jin Samulun. S pore 2262 Tel: *****77 Tlx RS ***** TWORLD ANTAH ORIENT LINE WEST/EAST/WEST M'SIA VIA SPOfiE SERVICE tfe/ldf Ko» PK PN6 7 KIIC SATUVIX/14N 14/10 12/10 10/10 19/10 TAN SKN KK/ KHUMS Omt 23/10 21/10
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    • 595 26 C.Y. LINE (A Member Of Tha ACE Consortium) CHO VANG SHIPPING CO. LTD FUUT CCMIMOIISCD SERVICE 10 EWOK (VU SUEZ) KOMAN CHAMC( 2m to Pari SWN SU BHK3 VS7W 9/10 CHHAIIR PMi 4«N 1(/10 tRANSWOMD BMDGf 2TH 73/10 l<Jt*«« It Ann Fitom H'bwf BrmiAntwtrp 21/10 22/10 24/10 2C/I0 27/10 21/10
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    • 683 26 COMPAMA PERUANA DE VAPOREEMTW "PERUVIAN STATE LINE" loK>in| lor CaAae ALtaian. No and aA othn Pttutian ports aith [ranshipment at Hob* -U On CPV Ihioufh fWh ot l jd.ng to tin* animator WHNEVWETT MUMATEVERfn THOMASEVEMTT P«un(* P. Keiaoc 4/5 Oct S«i(jpare J/7 Oct 12/13 Oct 21/23 Oct "EVERETT ORIENT LINE'
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    • 327 26 ZIM NON-CONFERENCE MDEPENDENT FUU CONTMO SERVICE accept* FCI/LCI carfoes to USA East I Nest Coast. Carribteaniast Canada and HMTI *****5 *****5 15.11 IS *****5 2711J5 *****5 I IMS 11 12.15 ZIM EILAT CONTAINER LINE S'prc Ult Trwrtt lap* taci FVmus m trkti 10/10 M/io 2/u j/n 31/ia «/n Accepto* Fa
      327 words