The Business Times, 8 January 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, JANUARY 8, I*Bs 60 CENTS
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  • 551 1 Agencies STATE-OWNED Bank Bumiputra, rocked by a massive loan scandal in Hongkong, could lose millions more in bad debts domestically, former Malaysian prime minister Hussein Onn said yesterday. He said the Malaysian bank's domestic lending policies were just as
    Agencies  -  551 words
  • 775 1  -  Move comes at a time when property loan growth is slowing By ALVIN TAY FINANCIAL institutions stand to get a much needed boost of at least $400 million in housing loan business under the new amendments to rules governing the
    775 words
  • 468 1  -  By FOO CHOY PENG THE only non-constituency parliamentary seat will be offered to Singapore United Front's chairman, Tan Chee Kien, now that the Workers' Party has rejected the seat offered to its defeated candidate in Jalan Kayu, Mr M P D Nair.
    468 words
  • 221 1 FIFTY-FOUR company directors were fined a total of $30,960 on charges under the Companies Act at a magistrate court yesterday. They were among 155 directors who had been summoned under the Act for failing to hold annual general meetings and for failing
    221 words
  • Article, Illustration
    65 1 THE SDIGAPOBC stock Market feU ta thin trading yesterday. Analysts are haptag that there will ast he aay mere had news ta deter haying interest. This waald aOaw stacks ta eaaseMiate la the TBI ta 8M hand the Straits Times Index, they said. Yesterday, the BT CampeaIte lairs
    65 words
  • 434 1  -  By LOH HUI YIN YOU COULD choose to fly to China in April by Singapore Airlines, which is now completing negotiations on flights to Shanghai and Beijing. The only outstanding issue is the profit-sharing formula between SIA and the Chinese
    434 words
  • 99 1 REFLECTING the relentless climb of the American dollar on world foreign exchange markets, the Singapore dollar sagged to 2.2060/70 yesterday compared with 2.1770/90 at the end of last year. All major currencies were hit by its latest advance. With the factors favouring the dollar
    99 words
  • Page 1 Advertisements
    • 70 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Top 100 companies by assets BT will publish tomorrow a ranking of the top 100 companies listed on the Stock Exchange of Singapore based on gross assets. Nikon CNikon) F3P V.. Nikon F3T Nikon F3HP Nikon F3 Nikon FA Nikon FE2 Nikon FM2 Nikon
      70 words
    • 269 1 Wm SINGAPORE Fodder is considering the purchose of o majority share in a local chain of dry mini-marts in a bid to diversify its animal feed business. Page 2 NEW ORDERS, production, and employment in the US fell in December, occording to a monthly survey of industrial purchasing managers that
      269 words
    • 7 1 <'}){&$|_./:_@[|)`._(!|{&%~~!}( BIA ktontifiM six IMW destinations Pag* 16
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    • 25 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "What's die best way toU.K.?" ff Via Schiphol. Youll enjoy the change." The Reliable Airline KLM Royal Dutch Airlines
      25 words

  • HOME NEWS
    • 375 2  -  By BOEY KIT YIN SINGAPORE FODDER, which makes animal feed, is planning to diversify into the dry minimart business. The public-listed company is considering the purchase of a majority share in a local chain of dry mini-marts in a bid to diversify its declining main
      375 words
    • 300 2  -  By LEE HAN SHIH JUROMG TOWN Corporation is eyeing department stores as prospective customers for its Jurong East Warehouse Complex. Situated on a 24.6-hectare site next to Commonwealth Avenue West, the complex consists of a container storage yard with a capacity for 5,000
      300 words
    • 285 2 GENERAL Automative Services (GAS) has invested $300,000 in an automatic car-wash facility that can clean three cars at the same time. The company expects to wash at least 150 cars a day although the facility can handle 60 cars an hour. At the
      285 words
    • 374 2 THE MARKET for integrated office equipment and furniture in Singapore is "enormously big" and goes beyond tables and chairs. Its expansion is due mainly to the popularity of the "openplan" cm" the "screen-based" of- flee concept in Singapore. "The market potential is V~ really
      374 words
    • 130 2 The Oriental hotel is buying two more computers to improve its service to customers. Under a contract worth more than half a million dollars, IBM will supply the Oriental with two IBM System 36's, one of which will run the front office
      130 words
    • 444 2 HONGKONG Teakwaed Wsrks Ltd has been awarded a more than $1 million contract for supplying "loose" furniture for the 527 guest rooms and suites in The Oriental, Singapore. The furniture will be custommade in Hongkong or through the company's Singapore affiliate, Delmar Furnishings. The contract calls for the
      444 words
    • 64 2 TELECOMS has introduced the International Telefax service to Israel. The service is available from all post offices and Telecoms customer services outlets. Charges for the Telefax service to Israel at Telecoms' premises are Ss27 per A 4 size and 5536.00 per legal size page. With
      64 words
    • 461 2 AFTER FOUR not-too-success-ful years of selling expensive plywood in Singapore and other Asean countries, a Finnish plywood company has decided that if it cannot beat manufacturers in the region, it should join them. The company, Schauman, recently announced that it entered into two technical and
      461 words
    • 313 2 Seminars and courses DURATION TITLE VENUE ORGANISER Jan 7-9 Designing With Novotel Orchid Applied Resc-arch Plastics Inn Corporation Jan 7-11 CNC Programming GSI Economic For EngineersDevelopment Turning 1 Board Jon 7-11 Economic Crime Novotel Orchid Crown Agents In The AsiaInn Pocific Region Jan 7-12 Basic Mechanical CECTU Economic Applications
      313 words
    • 391 3  -  By LEE HAN SHIH SINGAPORE'S biggest minisupermarket chain celebrated its second anniversary last night with an annual revenue exceeding $100 million, bold diversification plans and a determination to make the best out of a difficult year ahead. Faced with growing competition from large
      391 words
    • 111 3 THE SINGAPORE Manufacturers' Association is to send a mission comprising members of its metal, mechanical, machinery, shipbuilding and engineering group to Bangladesh this Friday. Twelve delegates from nine companies will be in Bangladesh from Jan 11 to 20. They will be led by
      111 words
    • 140 3 BUSINESSMEN involved in the Asean-Japan trade will now have a guideline in the AseanJapan Economic Council (AJEC) Code of Ethics. Mr Wee Cho Yaw and Mr Noboru Gotoh, the council's two co-chairmen, signed the Code of Ethics at the 4th joint executive committee meeting
      140 words
    • 109 3 EXPORTERS and cargo agents who would like to learn how to complete import and export forms can do so at the World Trade Centre next month. The Trade Development Board is organising a "Basic Course on Trade Classification and Documentation". The course will instruct participants on
      109 words
    • 301 3 EMPLOYERS hiring foreign workers will find it less of a hassle when they visit the new work permit office in Prinsep Street from next Tuesday. The new and bigger office of 2,511 square metres will have a centralised enquiry counter
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    • 455 3  -  MRTC yet to decide on type of seats By LIM SOON NEO KAWASAKI Heavy Industries, the Japanese contractor that won a $581.5 million contract to supply rolling stock for the entire Mass Rapid Transit system, is to receive its first payment this year.
      455 words
    • 530 3 THE NATIONAL University of Singapore's computer studies department is making an all-out effort to attract top-rate teaching staff. The Department of Information Systems and Computer Science (DISCS) is promising potential staff facilities rivalling those found in the best universities anywhere in the world. Vice-Chancellor Professor
      530 words
  • Page 2 Advertisements
    • 90 2 How to expand your telephone system,without extending your overdraft. The modular P2OX EPABX System from Thomson-CSF is uniquely economical. You can expand the basic system up to 52 lines and 237 extensions, without changing to another system. So when your business grows, your costs won't. And, at DTS, you'll enjoy
      90 words
    • 116 2 Freehold Residential SHOWCASE living Magnificently In The East Coast Rising above the scenic East Coot and prine Ktfoq dntrid bounded by Amber Gwdens and Amber Road, the stunningly elegant twin towers of Amber Piurk enjoy a choice location to many amenities in the vicinity. The business district of Sbentoo Way
      116 words

  • Page 3 Advertisements
    • 198 3 Thai Royal Executive Class, go to great lengths to please. &L.4* >"■> *o*l A r, s pg <z '.j s2r* rJ?ms wmszr t Thai, we go to such lengths to please you. I You can actually measureour smooth- asII silk service against other airlines. k 4 4i fT\ L" t
      198 words

  • OVERSEAS
    • 734 4 AFP AP INDONESIAN President Suharto has unveiled a US$23 billion austerity budget as the country anticipates further gloom on the international oil market. Features of the 23,046 billion rupiah balanced draft budget for fiscal 1985-1986 12 per cent higher than the present one "include raising more
      AFP; AP  -  734 words
    • 163 4 AP THE Bank of China has closed credit card outlets at many hotels, stores and restaurants to prevent fraudulent cash withdrawals. The official China Daily reported yesterday that the bank also reduced from US$536 to US$357 the amount of cash a card holder
      AP  -  163 words
    • 259 4 AFP THE LEADER of an embattled Cambodian resistance movement vowed on Sunday that his anti-communist guerillas would hold firm against a tank-sup-ported Vietnamese assault on his headquarters camp at Ampil that he believes could come anytime. Khmer People's National Liberation Front President Son Sann
      AFP  -  259 words
    • 253 4 AFP THE Philippine government's massive manpower export policy, aimed at correcting its perennial balance of payments deficit, may have done more harm than good to the economy. A recent study by the International Labour Organisation (ILO) showed that "in many instances,
      AFP  -  253 words
    • 658 4 AFP A WORSENING of the debt problem and economic austerity in the Third World, coupled with political instability, pose the main risk to investors, Western risk analysts have warned in their annual forecasts. The worst risks are seen as likely to arise in Latin
      AFP  -  658 words
    • 345 4 Reuter AUSTRALIA was being used as a transit point for illegal drugs, including heroin from Asia's "Golden Triangle", said the chief inspector of the Federal government's drug operations unit, Mr LLoyd Worthy. Police believed nearly all of a 2,000 kilo haul of cannabis
      Reuter  -  345 words
    • ECO-NOTES
      • 77 4 FRANS Grootjans wfes appointed Belgian Finance Minister and one of three deputy prime ministers, replacing fellow Flemish Liberal Willy de Clercq who becomes a European commissioner. Mr Grootjans is a former education minister, but held no ministerial post immediately before his appointment. Political sources said the appointment of
        77 words
      • 88 4 BEIJING is holding an international symposium in May to introduce foreign banks and financial institutions to the poten- tial of the Chinese market, the English-language China Daily reported. More than 200 foreign bankers and businessmen and a similar number of Chinese leaders from different parts of the country
        88 words
      • 49 4 NEW ZEALAND meat traders have secured a US$l5O million lamb-for-oil barter deal with Iran, already New Zealand's biggest frozen lamb market. Meat industry sources confirmed that 132,000 tonnes of New Zealand frozen lamb had been sold to Iran and shipments would begin within a few days.
        49 words
      • 59 4 More than 900,000 foreigners were living is Japan at the end of September, up 17.7 per cent from 10 years earlier. The Justice Ministry's Immigration Bureau, In its first foreign residency statistics in a decade, said the 933,000 foreign residents in Japan accounted for 0.8 per cent of
        59 words
      • 32 4 Agencies WEST German Economy Minister Martin Bangemann is on a a weeklong visit to Japan which is expected to include talks on Thursday with Prime Minister Yasuhiro Nakasone. Agencies
        Agencies  -  32 words
    • 87 4 AP THE ROYAL Malaysian Air Force has asked the government to purchase four American-made airborne warning and command systems (Awacs). Each Awacs-equipped aircraft costs about Mssoo million, a Defence Ministry spokesman said. He said the air force and the Defence Ministry were interested in the US
      AP  -  87 words
    • 767 4 ARRIVALS Operator S«mct number Local tint Front PAA PA5 0155 JFK/SFO/HKG cv CV796 0315 LUX/DXB MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH8II 0940 PEN RBA BM2I 1000 BWN SIA SQI03 1005 KUL CPA CX7I0 1030 HLP
      767 words
    • 415 5 Reuter ORGANISATION of Petroleum Exporting Countries producers will heave a collective sigh of relief over the long-awaited winter freeze that has hit Europe, raising hopes of a rebound in oil prices, Gulf oil traders said. The Arctic weather engulfing much of Europe in
      Reuter  -  415 words
    • WORLD IN BRIEF
      • 49 5 AUTHORITIES in India's Marxist-ruled north-eastern state of Tripura have announced an amnesty for separatist guerrillas. The United News of India (UNI) news agency quoted Chief Minister Nripen Chakraborty on Sunday as saying the amnesty would include rehabilitation for separatists if they surrendered within three months of Jan 1.
        49 words
      • 21 5 DELEGATES from seven countries attended the opening day of the South Asian Regional Cooperation Forum in Nepal on Sunday.
        21 words
      • 70 5 BRITISH animal rights activists on Sunday hurled two petrol bombs at the home of the Nobel prize-winning director of a medical research laboratory near London, and stoned or vandalised the houses of five other current or retired staffers. The Animal Liberation Front has claimed responsibility for the attack on
        70 words
      • 53 5 SRI LANKAN army troops, battling Tamil separatist guerrillas, have killed a Roman Catholic priest and eight others near the northern town of Mannar, two bishops charged on Sunday. Authorities confirmed the slaying of eight Tamils, whom they described as "terrorists". A Defence Ministry spokesman, however, denied that a
        53 words
      • 37 5 ISRAEL and Lebanon resumed withdrawal talks in an air of pessimism yesterday, but sources said Israel would not break off the negotiations even if Lebanon refuses to budge on the role of UN peacekeeping forces.
        37 words
      • 56 5 EXPENSE-ACCOUNT lunches for British executives occupy the equivalent of nine working days a year, according to a survey released yesterday. A report called "Efficiency At Work" said there was a decline in business lunching, especially in larger companies. But it still occupied one and a half hours a week,
        56 words
      • 49 5 Agencies JAPAN'S Foreign Minister has called on all Asian countries to form a consensus towards development of the Pacific Basin. Mr Shintaro Abe said in Honolulu on Sunday that Japan and the US should not play the central role in the economic development of the vast area. Agencies
        Agencies  -  49 words
    • 277 5 Reuter A NEW European Community Commission led by former French finance minister Jacques Delors took office yesterday amid high hopes that it will help galvanise the Common Market into a more coherent and dynamic force. The commission has little time to
      Reuter  -  277 words
    • 554 5 NYT NEW ORDERS, production, and employment fell in December from November, according to a monthly survey of industrial purchasing managers that painted a more dismal picture of the US economy and its future course than other recent economic reports. The Commerce Department, for
      NYT  -  554 words
    • 379 5 UPI A FORMER British seaman has disputed a claim that radioactive waste from a British nuclear test 27 years ago was dumped in the ocean off Western Australia. John Jenkins, now living in Perth, said he was a coxswain of a launch that
      UPI  -  379 words
    • 111 5 AP PRIME MINISTER Shimon Peres* Cabinet has ordered an investigation into a 1963 stock market crash that was one of the worst financial scandals in Israel's history. The decision followed a report released on Dec 31 by the State Comptroller's office, the government watchdog, blaming
      AP  -  111 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 46 4 Doonesbury A: ILL I Si OF COURSE, I'VE TRJ6PTHZ PC. POUC£!ANP7HSfffIKPOUC£ ANPTHSMAtO&OFFiC£!WON£ HAS yM£TDLOOKFOR-AMtS6iN6 'H(m£9SUQMAM! m m VI it 91 BY GARRY TRUDEAU m il&l Pw TH SORRV, SIR., rrsßutum OUR RESPONSIBILITY (L j mmm Ss A.*, kf* iififlrii i- > Mir ii 4 :l i 2ii
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  • Page 5 Advertisements
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  • BANKING AND FINANCE
    • 564 6 Reuter MONEY centre banks will probably comply with a US Securities and Exchange Commission (SEC) request for more information on their exposure to Argentina, but bank spokesmen said banks are already releasing a lot of information to the public on these loans. A
      Reuter  -  564 words
    • 439 6 Reuter THE NEXT move in British interest rates will be upwards, and it may take place around the time of the 1985/86 budget statement in March, stockbrokers Laing and Cruickshank said in an economic forecast. But stockbrokers Simon and Coates said UK
      Reuter  -  439 words
    • 244 6 Bernama MALAYSIA'S M-1 fell by M 5869.9 million during the first 10 months of the year, Bank Negara said. Currency holdings and demand deposits declined by $290.5 million and $579.4 million. The average annual rate of growth of money supply had slowed down
      Bernama  -  244 words
    • 140 6 THE CHIEF executive of the largest bank in Finland yesterday said Singapore is a natural choice for the expansion of Finnish business in the Asia-Pacific region. Dr Jaakko Lassila of the Kansallis group said the Republic, besides being the financial centre for
      140 words
    • 66 6 Reuter INDONESIA has no plans to devalue the rupiah but the exchange rate set daily by Bank Indonesia will continue to be adjusted downwards if the US dollar rises further, a senior official said at a budget briefing. The rupiah remained fixed at 1,076 to
      Reuter  -  66 words
    • 129 6 AFT UNCERTAINTY and greatly increased credit risk, coupled with reduced lending opportunities, led to a slowdown in Kuwaiti commercial banks' activity in 1984. In its economic and financial bulletin, the National Bank of Kuwait (NBK) said the "lacklustre" performance by the banks was reflected in
      AFT  -  129 words
    • 653 6 SINGAPORE The OS dollar closed firmer against most major currencies in moderate trading yesterday. It firmed in the morning on commercial demand supported by a US$6.7 billion rise in latest US M-l money supply. The dollar closed higher at 3.1750/ 60 marks compared with New York's Friday 3.1650/70,
      653 words
    • 240 6 Interbank rates at 3pm S jl l! ntthtoniM change Local dollars to on* unit of foreign currency US dolor ***** ***** ***** -21 80 Sterling pound 2 5196 2 5230 7 3469 -6571 Australian dollar 1 7834 1 7853 3 4286 -47.98 NZ dollar 1 0389 1 0410
      240 words
    • 329 6 DOLLAR deposit rates closed steady to slightly lower compared with opening levels in quiet afternoon trading yesterday. Short-dates weakened V» -point at the outset on lower US federal funds rate and then remained unchanged at these levels with overnight, Tuesday/ Wednesday and week fixed closing at a
      329 words
    • 401 6 Reuter US CREDIT markets are likely to revive this week as operators realise that in spite of signs of stronger monetary growth, the Fed has not altered the accommodative stance it adopted last fall, economists said. Indeed, December's economic
      Reuter  -  401 words
    • 65 6 AP THE LARGEST international banking conference ever held in China, dubbed China faces the Future, will be staged in Beijing's Great Hall of the People from May 4 to 11. The Bank of China said the theme will be foreign involvement in China's modernisation. More than
      AP  -  65 words
    • 362 6 BA Futures Inc AFTER A weak opening, strong buying interest from institutions pushed Eurodollar futures prices sharply higher at Simex yesterday. The higher than expected increase in US money supply last Friday had apparently been discounted. The lower federal funds at the close of IMM last Friday and the
      BA Futures Inc  -  362 words
    • 167 6 HONGKONG The metal closed slightly lower in moderate trading yesterday with sentiment remaining bearish. The metal closed at U*****.00/50 an ounce compared with Saturday's $297.00/296.00 finish here and New York's $297.50/ 296.00 close on Friday. Local gold fell HK$2O to $2,763 a tahil. The krugerrand shed $15 to $2,410,
      167 words
    • 73 6 THE OVERNIGHT rate on the Singapore interbank money market fell by V«point from Friday to close at s'/« per cent yesterday. The one-month term rate closed at 5-15/16 while the two and three month rates closed at a uniform 6 per cent. S$ interbank rotes at 3pm yesterday
      73 words
  • Page 6 Advertisements
    • 199 6 Asian Pacific Tax and Investment Research Centre Singapore announces 7th Monthly Members Meeting 10 January 1985, Pavillion Inter-continental Singapore 5.35 PM 7.30 PM TOPIC SOME LEGAL AND TAX ASPECTS OF DOING BUSINESS WITH THE OFFSHORE OIL/GAS INDUSTRY IN CHINA SPEAKER J. Kelly Edmison, Phillips Vineberg, Canadian Barristers Solicitors, Hongkong An
      199 words
    • 106 6 Dragon Dig 228 Masterfully Prepared Sichuan Sea Food Dishes HAh Dragon City's menu. 228 dishes. Cold dishes, hot dishes, dumplings. Each one superbly prepared. Delight your taste buds with our hot dishes,from boneless smoked Sichuan duck,to the Dragon City Wan* Ban It7j 9 Special fish with chilli sauce. Rot Manager
      106 words

  • Page 7 Advertisements
    • 304 7 m I r mmmmm The Epson QX-10(Q) and QX-PC Board (192K8) now at amazing $4880. lake the hassles and time consuming paperwork out of your business with the Epson QX-10 personal computer. The largest selling Japanese computer in the U.S. after IBM and Apple, it has all the features that
      304 words

  • FEATURES
    • 509 8 AN UNNAMED SPOKESMAN for a Centrepoint department store was recently quoted as saying that the Singapore Fire Service should be more lenient when carrying out checks on fire exits. "Security," he said, "was the more important concern for his store." As an example of
      509 words
    • 1182 8  -  A six-man delegation from Inner Mongolia arrives in Singapore this week. In April, a team of Singaporeans involved in the sanitary and plumbing trade heads the other way. Both journeys are elements in just one company's pursuit of the opportunities opening up in China. Economics Correspondent
      1,182 words
    • 726 8  -  By PATRICK MASSEY Reuter AFTER A difficult day at the office, the Japanese businessman steered his client into a nightclub, found a table and sat for a moment savouring the aura of subdued opulence. At that point, before even
      Reuter  -  726 words
  • Page 8 Advertisements
    • 164 8 Kr m ay r V We've added 180 extra dishes to Raffles Place's menu. If you're tired of eating the same old dishes at the same old places we've got great news for you. The new Noodle Garden Restaurant at the Golden Shoe Carpark in Raffles Place. It's just a
      164 words
  • Page 8 Miscellaneous
    • 25 8 Va)€JLL.U3£JL-1 IF tT »e*>rT m>| fep\Tv4GßeD v WQJVD He«£. ~iOO P&L ies ps SPO t Of V T€J^ pr.;, CXON seMTineNT! "Sovcf ie^NCTLy C 0"
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  • SPORTS
    • 683 9  -  By WALTON MORAIS IN SPITE OF an unsuccessful campaign in the Taipei Intercity tournament, Singapore's Davis Cup squad is primed for its challenge tie against Hongkong on Jan 18-20. The squad, just back after losses to Taipei University and Hawaii in the Inter-city
      683 words
    • 750 9 NYT IT HAS BEEN more than a year since the Australians won the America's Cup. Yet questions of foul play still haunt members of the New York Yacht Club, who at the last minute were ready to cancel the 1983 races
      NYT  -  750 words
    • 497 9 UPI SAN FRANCISCO turned Chicago's strongest weapon to its own advantage on Sunday by recording nine sacks, and Wendell Tyler broke open the football game on a nine-yard scoring run to lead the 49ers into the Super Bowl with a
      UPI  -  497 words
  • Page 9 Miscellaneous
    • 1150 9 TO sm GftQQ® HIGHLIGHTS Vietnam: A Television History America's Enemy (1954 67) The escalating conflict in Vietnam is seen from a different perspective by the communist leaders in Hanoi. In their eyes, the Americans were the "aggressors", the leaders of the Saigon government were "puppets", and the North Vietnamese were
      1,150 words
    • 742 9 Play golf the Sevvy way WMEN THE- BALL IS HIGHER THAN THE FEET IT IS IMPORTANT TO Alt* TO THE. RlG>HT BECAUSE VOUR SWNG IS MUCH FLATTER AND SO IT \S ALL TOO EASV TO PULU THE BALL AM THREE OR FOUR VARPS TO THE RIGHT— \F THE BAUL IS
      742 words

  • INTERNATIONAL COMPANY NEWS
    • 645 10 Five carriers account for 94 per cent of the industry's profits Reuter A HANDFUL of major US airlines, insulated from the shockwaves of an industry shakeout, are tightening their grip on the most lucrative domestic routes and capturing market share from weaker competitors. Louis Marckesano,
      Reuter  -  645 words
    • 433 10 NYT THE CHAIRMAN of the Commodity Exchange Inc, Alan Brody, has ended talks with the New York Stock Exchange about the possible joint operation and ownership of the stock exchange's ailing subsidiary, the New York Futures Exchange (NYFE). Mr Brody said the talks, which
      NYT  -  433 words
    • 140 10 Reuter UNIROYAL Inc has thrown out a provision in its by-laws enabling shareholders to call special stockholder meetings, the company says in a Securities and Exchange Commission filing. Under new by-laws approved by the Uniroyal board of directors on Dec 19, special stockholder meetings can
      Reuter  -  140 words
    • 215 10 Reuter THE SWISS foods giant Nestle SA has welcomed the green light given by US anti-trust authorities for its takeover of Carnation, the biggest merger in Swiss industrial history. The US Federal Trade Commission (FTC) has approved Nestle's proposed US$3 billion purchase of Los
      Reuter  -  215 words
  • Page 10 Advertisements
    • 182 10 W Watt* to wiim, diu« and ealertala The Tea Garden presents Talay Thong Basket A tempting array of prawns, shrimps, i mussels, crabs, lobsters and crayfish cooked in the traditional manner, f) Set lunch and dinner U SiB++. Or choose your own combination of seafood at ala carte l\ price.
      182 words
    • 141 10 Dynamic CIU im L Two stunning new groups, CITY LIMITS and SUNNY BALA fc the MOON GLOWS will entertain you from 5.30pm to 12.30 am. (A single group performs on Sundays and Mondays from 7pm onwards.) Now, when you order a glass of Tiger Draft Beer or any other pouring
      141 words
    • 69 10 0 I Time: 12 noon 2.30 pm Prtce:st2.CXr Fashion Show: 1.15 pm MoMinQ Agency Clothes by RomanMca Tracing Free Shampoo by KdO S'pOTB Pt6 Ltd Ray6an Sunglasaee by Bausch Lomb PRESIDENT MERLIN HOTEL SINGAPORE 181. Kitchener Road.Singapore 0620 Tel *****22 Daily new Businessmen's Lunch at only $12.50 Today. Potage Rarmentier
      69 words
    • 123 10 MEMBERSHIP FOR SWIMMING POOL MEMBERSHIP FEE Single $15.00 per month Couple $25.00 per month Family $50.00 per month Grpup/Company Negotiable ENTITLEMENTS: Exclusive use of the Swimming Pool on 3rd Floor of the Hotel from 8:00 a.m. to 9:00 p.m. 10% Discount on all meals in Cafe De Grand. 10% Discount
      123 words
    • 152 10 Feng L6u Teochew JL Restaurant for the best Teochew t delicacies and dlan- xln in town. Discover mouth-watering delimits il prepared by Hong Kong chefs. And feel like royalty while you dine in Oriental splendour. Open daily from: 12 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for
      152 words

  • ASIAN STOCKS
    • 262 11 J JAN 07 Associoted Hotels Bank Of East Aim Cheung Kong HK$ 033 2480 II 50 -001 unch 05 ♦1 2 Intl City Jordme Math Jorcfcne Sec Ka Wah Bonk KMB 067 855 800 1 43 7 406 401 -0 05 -0 25 unch Crou Hart) Tunnel F E
      262 words
    • 228 11 JAN 07 Al Smear* Indus MT 620 25 80 0 15 +0.1 Chem Indus Lion Hwa Indus Non Yo Ptos 17 70 II 60 30 00 26 00 -02 0 35 unch -0 3 Cothoy Com 28 00 54 00 -04 05 Pocitic Elect Wire I860 0 2 1840
      228 words
    • 365 11 TOKYO: Share prices closed higher yesterday in moderate trading as broadly spread buying of lowpriced and incentive-backed shares firmed the market despite softness in international populars. The market average rose 30.36 to 11,575.52, reversing Saturday's half-day 12.90 loss and almost hitting December's record high, at a 320 million-share turnover
      365 words
    • 105 11 MANILA: Share prices closed lower yesterday in continued dull trading. The commercial and industrial index was down 1.11 at 103.07, the mining marker 8.86 at 717.72 and oils 0.027 at 0.556. Atlas Con 'B' closed at 14.00 from 14.75, Philex 4 B' at 0.0925 from 0.0950, Phil Overseas at
      105 words
    • 409 11 SYDNEY: Australian sharemarkets closed weaker yesterday in thin trading on negative signals from abroad, particularly the international bullion price. Near the close the All Ordinaries Index was 6.1 points easier at 715.3 points, the All Industrials marker was down 3.4 to 1077.8 and the All Resources indicator was 7.9
      409 words
    • 88 11 BANGKOK: The market was closed yesterday. HONGKONG: Report unavailable. Jon 7 Bonk Saoul Won 660 630 705 590 3 18 +5 70 Hyundai Motor KAL 690 589 745 45 24 +3 Commercial 8k Korea CM Korea Ship 1925 420 135 -5 801 51 664 680 725 690 360 1270
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    • 154 11 AFP TOSHIBA Corp has forecast a record 89 billion yen in consolidated aftertax profits for the current financial year ending March 31, up 51 per cent from the previous year. The company, Japan's second largest electric machinery maker after Hitachi, also said
      AFP  -  154 words
    • 304 11 FT TWO OF THE world's best-known names in car rental services are renewing their agreement to exchange car rental reservations worldwide. Avis Inc, which operates in more than 130 countries, and Nissan Kanko Service Co, which operates car rental services exclusively in Japan,
      FT  -  304 words
    • Corporate round-up
      • 101 11 THE FIRST passenger car produced by Nissan Motor Manufacturing Corporation USA will roll off the line ahead of schedule on March 26, according to Nissan president and chief executive Marvin Runyon. The Tennessee-based company will add the economy-sized Nissan Sentra car to its
        101 words
      • 78 11 THOMSON Grand Public, a subsidiary of Thomson SA, has signed a contract to supply 230,000 colour television sets to China this year, according to a statement made by Thomas SA. A Thomson spokesman would not disclose the value of the contract but said
        78 words
      • 98 11 Agencies MAZDA MOTOR Corp, one of the leading Japanese car manufacturers, has announced a plan to open a representative office in Beijing in a bid to secure its sales network in China. Officials at Mazda said that the Chinese government was expected to approve the
        Agencies  -  98 words
    • 146 11 Reuter CHINA'S Zhuhai special economic zone is studying the feasibility of establishing a stock market. Chen Shaoxiong, director of the special zone office, says he heads a committee making the study. Its findings will be ready by the end of this month. A
      Reuter  -  146 words
  • Page 11 Advertisements
    • 372 11 <3MI H Wi II 21 Wf,s\ 0 FOR FURTHER INFORMATION CALL K *****11 V, ckSO V f=p Wj7Slm7lUf? >• t ir c Treat yourself with our daily buffet spread. Or choose from our generous a la carte menu. For the final indulgence, our desserts and home-made ices are too good
      372 words
    • 56 11 Savoury Delights Await Yon At Qggats? restaurant u ni Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridien 3rd Storey (near hotel lobby) 100 Orchard Road #03-100 Singapore 0923 1 Tel: *****22 L Hotel parking tee redeemable orchid inn 214 Duneam
      56 words

  • RAW MATERIALS
    • 396 12 Economic clauses lacking, however -AFP THE 1984 International Sugar Agreement, although containing no economic clauses, is expected to provide a useful forum for members of the industry and a fresh opportunity to negotiate a new and viable agreement. The agreement, which took formal
      -AFP  -  396 words
    • 189 12 Reuter AUSTRALIA's 33 sugar mills crushed a record 25.51 million tonnes of cane in the 1964 harvest completed late last month. An Australian Sugar Producers Association official said in Brisbane yesterday this was well above the drought-hit 1963 crop of 24.19 million
      Reuter  -  189 words
    • 296 12 Reuter PAKISTAN'S state-owned Cotton Export Corp faces a massive task to meet its target of exporting 1.5 million (375 pound) bales of cotton in financial 1964/85 ending June 30. Cotton brokers said the Cotton Export Corp exported only 263,914 bales between July
      Reuter  -  296 words
    • 212 12 Reuter CHINESE STATE purchases of grain, oils and cotton from farmers during the 1964/85 procurement year are at record levels and are expected to rise further. Deputy Minister of Commerce Jiang Xi told the China Daily newspaper that by next March, the end
      Reuter  -  212 words
    • 705 12 NYT LAST YEAR was anything but a winner for non-ferrous metal stocks in the US, mainly because weak commodity prices more than offset any gains in consumption. As a result, aluminium, nickel, and copper issues were laggard market performers. With the dawn of a new
      NYT  -  705 words
    • 231 12 SINGAPORE The market closed easier yesterday with January One RSS buyers quoted at 161.50 cents per kg, down (our cents from last Friday. The morning session lost 3.25 cents on lade of buying interest and some liquidation in quiet trading. Prices lost further ground in the afternoon on continued
      231 words
    • 274 12 RAS prices (in S cwtiAiio. FOB m b ai«) NOON CLOSE <-■— Irrt 1 RSS Prompt 161.50 162.50 160.50 161 50N Int 1 RSS Jon 85 163 00 163.50 161.50 162.50 bit 1 RSS F«b 85 169 50 170 00 168 50 168.75 tit 2 RSS 157
      274 words
    • 97 12 fc«nt*/kQ, l-to" pofcn) Jo nuory 85 Fabruory 85 (cu rr«nt mth) (forwo rd mth) NOON NOON RAS Bwy«rt C -II jfwtn fciyra -M zwmwr* SSR 20 165 00 167.00N 167.00 169.00N SSR50 163 00 I65.00N 165 00 167 00N MRELB Buyers S >11*11 f jvnvn SMP CV
      97 words
    • 100 12 THE Kuto Lam par Tin Market price remalaed at the ITA Ont level price of Ms2t.ls per kg, with the hoffer stock maaager eeattaalag to bay at this level. The Koala Lam par tie market premiom ever LMM Sptl WlOfllCTl V© £525 per teaae from tm ea Friday,
      100 words
    • 153 12 Yarn (In HK$ per bole ef 400 lb) China corded yorn, cones Blue Phoenix 16's 2,950 Blue Phoenix 20's 3,050 Blue Phoenix 32's 3,650 Bkie Phoenix 3,900 Girded yarn, hank Blue Phoenix 21 's 3,300 Combed yarn, cones Bfcje Phoenix 32's 4,600 Blue Phoenix 40'» 4,800 Open-end yarn Bfcje
      153 words
    • 73 12 AFP SOUTH Korea's commodity exports last year amounted to U5529.15 billion, 20.3 per cent up over the year before, and imports totalled 30.73 billion, 17.3 per cent up, the Trade and Industry Ministry said. Last year's export performance exceeded the government target of $27 billion
      AFP  -  73 words
    • 722 12 COFFEE Robusta futures ended a quiet, featureless morning session yesterday with gains of £14 to £4 a tonne, apart from spot January, which was down one at £2,242. March finished at £2,280, up four and at a £38 premium to January, which remained pressured by ample tenders and
      722 words
    • 146 12 Chinese Produce Robusta 20/25% FOB NSW 492 50 Exchange Nutmeg 438 00 (SeMen' noon doting p rices on Jon 110 FOB NSW 7. S$/100k«) B W FOB-NSW ***** Coconut oil Gombier ***** Buk FOB 180 00 FOB NSW Otd drum FOB New drum FOB Copro 193.00 197.00 London
      146 words
    • 164 12 MALAYSIAN crude palm oil prices weakened on short selling and reserve of buyers yesterday as sentiment was dampened by a lower Chicago soybean complex close on Friday. Trading was moderate. In the January position, south, central and north regions fell Ms2s, $20 and 112.50 respectively to $1,250 per
      164 words
    • 273 12 Singapore <uO_i 187 unq (SVHo, ee-gedeww) Thai white unq 100% 1st doss (kangaroo) new crop 096 first gra&e 100% second grade 100% third groda unq 100% 2nd doss 0.70 Parboiled 100% 3rd class 0.70 5% 10% 237 25% new crop No stock 232 B-10% No stock Thoi broken Moize
      273 words
    • 193 12 AFP INDONESIA is gearing to step up its tea production to benefit from an expanding export market, following reduced Indian tea exports. President Suharto told Junior Minister of Hard Crops Hasrul Harahap on Saturday to take steps to expand tea plantations, including smallholder
      AFP  -  193 words

  • SHARE INFORMATION
    • 4106 13 POOR SENTIMENTS and continued weakness on Wall Street led to further falls yesterday at the Singapore stock market. The BT Composite Index lost 3.97 points to 694.36 while the Straits Times Industrial Index shed 4.94 points to 790.78. Volume was light at 7.47
      4,106 words
    • 240 13 SINGAPORE RIMS Indices JctTDwH Da «m 220 •f40 Jaa 4 Jaa 7 IfM 130 430 rwomt 350 ■at 376 207 mi 675 *a 215 12 10 10 +8 +7 5 5 IT Cifrti IT lafcatat 698.33 *****75 694.26 TlfttTtT t SaaAa rroe/os -166 156 rtnB rl UOL
      240 words
    • 490 13 LACK OF INTEREST as well as uncertainty among investors drove share prices down cm the Kuala Lumpur stock market yesterday. Trading was quiet and once again confined to selective issues which closed generally higher. After opening at overnight levels, prices slid gradually lower in
      490 words
    • 2923 13 BID and offer price* 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 unite unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT".
      2,923 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 1839 14  -  The year also saw Sime Darby making big moves f Takeovers and A V Mergers J In 1983, some of the most ambitious, stunning and controversial acquisitions were effected. But corporate observers then had not known, and could not possibly foretell, the likes of
      1,839 words
    • 94 14 HONGKONG Australian Industrials Hang Seng Index Monday 1077.8 Friday 1081.2 Monday 1281.87 Week ago Closed Friday 1262.30 Week ago 1166 42 NEW YORK Dow Jones Friday 1184.96 TOKYO Thursday 1189.82 Tokyo Dow Jones Week ago 1204.17 Monday *****.52 Standard and Poors Saturday *****.16 Friday 163.68 Week ago Closed
      94 words
    • 226 14 Managers' prices for Jan 8 Second B'putra Third B'putra Fourth B'putra 483 488 3 99 4 04 4 35 4.40 Singapore Unit Trust Fifth B'pcrtro Sixth B'putra 2 99 3 04 288 2.93 The Commerce 2.31 2.45 Seventh B'putra (A) 2 02 2 07 The Savings Fund 1.61
      226 words
    • 2070 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. INDUSTRIALS A Choc (2.955) AMD (3 206) Alcom (I 466
      2,070 words
    • 549 15 SME SMS™ HOCK LOCK SIEW THE proposed reverse takeover of Unilite Electrical Industries Bhd by Sabah Land Development Board (SLDB) once again highlights the growing corporate influence of East Malaysian parties. More significantly, however, is the imminent change of control in Unilite and its wider implications.
      HOCK LOCK SIEW  -  549 words
    • 538 15  -  By RAMEBH CHANDIRAMANI GENERAL LUMBER (Holdings) Bhd, the ailing timber processors, now under the influence of a strong management team controlled by Raleigh Cycles (M) Bhd, has set about to reduce the company's mounting debt and improve its profit prospects. The company plans
      538 words
    • 548 15 LAST FULL YEAR Company Period Date Year Net EPS Gross Net onnounctd last year ending (cent*) div Df OTlt (SW0) G Lumber Interim June 30 Sep 84 3,6181 K G Hldgs Interim Sep 12 Dec 84 8.3 10.0 1,964 Peak Hua Interim Oct 5 Dec 84 0.3 16.0
      548 words
    • 1047 15 EQUITIES opened mixed but with an easier bias in quiet trading yesterday. The FT-SE 100 index at 10am was down one point at 1213.6. Institutions, who are still flush with funds, appeared to be staying on the sidelines awaiting today's UK money supply figures for December, dealers said.
      1,047 words
    • 437 15 GRANITE Industries Bhd, the first public offer to be opened this year, is expected to come out with its prospectus on Jan 16. Lam Soon published its prospectus yesterday but unlike Granite, its share offer is a restricted one.
      437 words
    • 529 15  -  By LORETTA McLAUGHLAN TO COMPLY with the New Economic Policy, Lam Soon Oil A Soap Manufacturing is offering 35.7 million shares for sale in Lam Bmm (M) BM at Msl a share. This represents 51 per cent of the company's equity. No application has been
      529 words
    • 474 15 DUNLOP HOLDINGS PLC is expected to announce details of its complex reconstruction plan at the end of the week. Terms of the major restructuring were to have been unveiled originally before Christmas. But the announcement was delayed when Pegi Malaysia, the largest single shareholder in Dunlop
      474 words
    • 215 15 MR LIM TJOEN KONG, chairman and managing director of Tua Sing IMdlags Ltd, has purchased an additional 25,000 shares in the company for a total cash consideration of $16,725. His stake has been raised to 87.2835 million shares, representing 60.36 per cent of Tuan Sing's issued equity after
      215 words
    • 186 15 Bernama CONSTRUCTION-based Sungei Way Holdings Bhd has proposed to acquire Sungei Way Land Sdn Bhd, triggering a number of other "in-house" takeovers. Sungei Way Land, at the same time, has also acquired Sungei Way Equity Sdn Bhd and Sungei Way Resources Sdn Bhd. Hiese subsidiaries
      Bernama  -  186 words
    • 51 15 Company RIGHTS ISSUE H K Tin Frve-foc-one 50 cents per share Ex-date: Jan IS Books dose: Jan 25 1 M TextiJes Two-for-frve 1.00 por per shore Ex-date: Jon 16 Books close: Jan 28 Int Wood One-for-one $1.20 per share Ex-date: Jan 17 Books dose: Jon 24 Company BONUS
      51 words
    • 101 15 Company RIGHTS ISSUE Landmarks HkJgs One-for-four fe $1.00 per share Peak Hua Three-for-two fe $150 per share Sub-division of $1 par into 2 shares of 50 cents eoch Toshiba One-fof-one fe $3 per share Company BONUS ISSUE A Enterprises One-for-six Guinness Sub-division of $1 par into 2 shores
      101 words
  • Page 14 Advertisements
    • 356 14 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 185 PURSUANT TO SECTION 254<2Mb) AND IN THE MATTER OF TIAN SAN MARINE ENGINEERING SERVICES PTE. LTD. At an Extraordinary General Meeting of the above named Company duty convened and held at 6001 Beach Road, #12-01 12-11 Golden Mile Tower, Singapore
      356 words
    • 67 14 ILLUSTRATING COMPUTERS (WITHOUT MUCH JARGON) by Colin Day and Donald Alcock Using a minimum of jargon, this book illustrates how computers work, from scratch. It will help you to understand what computers are like, how they function and what they are used for. y'i Now available at all good bookahopa
      67 words

  • Page 15 Advertisements
    • 81 15 U5540,000,000 Floating Rate U.S. Dollar Negotiable Certificate of Deposit due Bth July 1985 THE INDUSTRIAL BANK OF JAPAN, LIMITED (Singapore Branch) i: n In accordance with the provisions of the Certificate, notice is hereby given that for the final six month interest period from 7th January 1985 to Bth July
      81 words

  • 651 16  -  By ANNA TEO REGIONAL cooperation in law enforcement could provide a means of reducing the risks involved in business activity in the Far East, particularly Singapore, Malaysia and Hongkong, Attorney-General Mr Tan Boon Teik said yesterday. Since these countries shared similar Common Law
    651 words
  • 320 16 THE DECISIONS of a Military Court of Appeal cannot be reviewed by the High Court. This was ruled by Mr Justice Sinnathuray yesterday in a 15page judgement in which he rejected the application of a former national serviceman, detained for a drug offence, to
    320 words
  • 349 16 Reuter SOVIET Foreign Minister Andrei Gromyko opened crucial arms talks with US Secretary of State George Shultz yesterday after emphasising that Moscow's chief concern was to block President Reagan's Star Wars missile defence scheme. Making a highly unusual arrival statement in English, he
    Reuter  -  349 words
  • 175 16 THE MINISTRY «I Health has haued the Impart and «le «f pharmaceutical preparations containing Vitamin BIS aad Vitamin 817. The ministry says dealers should step selling these predicts and return them te the sappliers. lie pahHc is advised net te rsnsnmr preparatlens and
    175 words
  • 90 16 MR HWANG Peng Yuan has been re-appointed chairman of the advisory committee of the Skills Development Fund for a year from Nov 15,1984. The other members of the council are Mr Yeo Seng Teck, Mr Yong Kee Seng, Mr Lim Kee Ming, Mr John Noland, Mr Sonnie
    90 words
  • 298 16 THE UNITED Peoples Front has said that it was ready to "capture" Kampong Glam in a by-elec-tion, whenever it might be. Mr Harbans Singh, the party's general secretary, said UPF began campaigning in Kampong Glam as soon as the general
    298 words
  • 493 16  -  By LOH HUI YIN A DISPUTE between Selco Salvage of Singapore and an Indian shipping company over fees for salvage work is to be settled by arbitration in London. The dispute arose when the Shipping Corporation of India (SCI) refused to
    493 words
  • 466 16  -  By LIM SOON NEO SINGAPORE Airlines has identified six new destinations it will be flying to this year. But Canada, which SIA had earlier indicated that it would fly to, is not one of the new destinations. In his New Year
    466 words
  • 62 16 IMPROVEMENT in the bond market helped Wall Street stock prices rise moderately at the beginning of trading yesterday after three straight losing sessions. The Dow Jones Industrial Average was about 2 1 /j points higher at over 1187. Overall, gainers led losers about three to two. Volume
    62 words
  • LATE FILE
    • 29 16 Reuter VIETNAM yesterday marked the sixth anniversary of its overthrow of the Khmer Rouge government in Cambodia by attacking the rebel headquarters at Ampil. Reuter
      Reuter  -  29 words
    • 46 16 Reuter MORE THAN 700 British coalminers abandoned their strike yesterday in response to the latest back-to-work drive by the National Coal Board. The board said more than 70,000 miners union members have now turned their backs on the 43-week-old walkout. Reuter
      Reuter  -  46 words
    • 39 16 UPI PHILIPPINE President Ferdinand Marcos said yesterday the presidential election would be held as scheduled in 1967. His decision was unanimously approved during a caucus of the ruling KBL (New Society Movement). UPI
      UPI  -  39 words
    • 41 16 UPI NORWAY is preparing to reduce its participation in the UN Peace-keeping Force in Southern Lebanon (Unifil), Defence Ministry officials said yesterday. Observers view the preparations as an attempt to pressure Israel into leaving Lebanon. UPI
      UPI  -  41 words
    • 42 16 AFP TAIWAN is drafting stiff new legislation to make trademark pirates liable to fines of up to 500 times the losses to the victimised company. The Economic Ministry will revise a draft law on trade mark violation.
      AFP  -  42 words
    • 45 16 UPI THE South Korean government yesterday warned that it will "forcibly" stop dissident leader Kim Young-Sam from engaging in political activity in violation of law. Mr Kim said through his aides that he would continue to fight against the present government. UPI
      UPI  -  45 words
    • 43 16 AFP MALAYSIA yesterday severed a 100-year link with Britain with the inaugural sitting of its Supreme Court to hear appeals previously sent to the Privy Council in London. The Supreme Court now becomes the final court of appeal. AFP
      AFP  -  43 words
    • 35 16 UPI HUNDREDS of people in Hongkong are swamping a new immigration counselling agency with requests for advice on how to leave the colony before China takes over in 1997.— UP I
      UPI  -  35 words
  • Page 16 Advertisements
    • 145 16 The latest range of simedders from In business, paper indiscretions can destroy you. Naw product deieils, expansion plans: what ara they worth to your rivals? Wage structures and would they affect staff relatione if seen by the wrong eyes? Fordigraph, Britain's biggest shredder manufacturers, have analysed two end e half
      145 words
    • 42 16 KECK SENG TOWER The most successful building in Cecil Street has only two floors and a few small suites left to lease. And plenty of carparks to go with them. Phone us today. Richard Ellis 224 8181 Keck Seng Group 338 2828
      42 words
    • 8 16 Son Sann vows to resist attack, Pago 4
      8 words
  • Page 16 Miscellaneous
    • 54 16 wMm Outlook for today: Showers in a tew oreos in the afternoon. Report tor 24 hours prior to 7.30pm on Jon 7 at the airport: Maximum temperature 30.7 Associated humidity 67 Minimum temperature 23.5 Associated humidity 94 Hours of sunshine 7.70 Rainfall in millimetres Nil Rainfall this month 37.4 Rainy
      54 words

  • SHIPPING TIMES
    • 310 17  -  By KINGSLEY WOOD A PAN AM ANIAN-register-ed company has frozen the funds of the Australian Waterside Workers' Federation in a bid to recover U*****,874 which it claims was paid under economic duress. The funds were frozen by the Australian Federal Court on the application
      310 words
    • 380 17  -  By G DURAIRAJ CEMENT is expected to be one of the main bulk commodities to be handled at Port Kelang with the commissioning of the Ms 6 million cement bulk terminal. The terminal, scheduled for completion by the middle of this year, will be able
      380 words
    • 671 17 Ihlpplng Uw Pf M 1 i Pf C4 Afeo VI 3 Heung-A VI 3 Ahrenktel Lrier VI 5 Hmode Kisen V* 1 Alphotrans VI 4 Hoe Hoe VI 3 Andeko Shpg VI 5 Hoegh VI 4/5 ANL 1 1 Hoegh-Ugtond VI 4/5 APC Lrw V 4 Hofcster
      671 words
    • PORT SIDES
      • 105 17 SHIPPING tonnage sold for scrap in 1984 declined to 29.57 million long dwt, comprising 764 vessels, from 33.38 million or 6% vessels in 1983, London shipbroker Harley, Mullion and Company Ltd said. The tonnage decline reflected a sharp fall in demolition sales of tankers/combined carriers to
        105 words
      • 107 17 JAPAN has stopped buying iron ore from Goa in western India in protest against an increase in port charges, trade sources said. They said Japanese ships have stopped calling at Mormugao port in Goa since the middle of last month after port authorities introduced a graduated rate
        107 words
    • 377 18 Cargo News Asia THE Port of Nantong at the mouth of the Yangtze River in Jiangsu province, inaugurated its first international container shipping route in November when a Hongkong vessel made the first voyage carrying a full load to the Japanese port of Kobe.
      Cargo News Asia  -  377 words
    • 187 18 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. Australia/Straits Container
      187 words
    • 526 18  -  By Kingsley Wood IN MARCH, 1983 Australian National Line was bankrupt. It could neither meet its creditors nor pay employees. Only a government input of As9o million in equity, of which AS3O million was in cash enabled the line to carry
      526 words
    • 528 18 Bangkok Post THE GENERAL shipping climate in Thailand is one of confusion. Rate-cutting is rife, and he who gives the lowest rates gets the cargo the result of too many ships chasing too little cargo. The Thai shipping industry is declining, with lawyers hauling
      Bangkok Post  -  528 words
    • 61 18 JAPAN'S eight leading ports will raise port charges by eight per cent in March about twice the average level of European counterparts, said shipowners there. The level was decided by port authorities and shippers at Tokyo, Yokohama, Kawasaki, Nagoya, Osaka, Kobe, Shimonoseki and Kita-Kyushu. The
      61 words
    • 1760 18 AS EXPECTED, chartering remained extremely slow on the London shipping freights market on Friday. Most of the sparse fixing involved US Gulf grain exports. Tradax paid US$l3 (fio) to the Righteous for a 25,000-ton Jan 7-18 shipment from the US Gulf to Brazil, while the same account conceded
      1,760 words
    • 231 19 THE British government intends to sign the UN Liner Shipping Code, announced David Mitchell, Parliamentary Under Secretary of State for Transport. In a debate in the House of Commons, Mr Mitchell said the government's main objectives in liner shipping were to ensure that
      231 words
    • 464 19 Lloyd's List PROTESTS over allegedly massive charges slapped on shipowners trading to Indonesia have been lodged by industry representatives. New examples have come to light which make the cost of discharging cargo at the country's ports among the highest in the world. They include:
      Lloyd's List  -  464 words
    • 108 19 Reuter EUROPEAN Ferries PLC said it has bought the Anglo-French Ferry Services of the Peninsular and Oriental Steam Navigation Co for £12.5 million. A spokesman for European Ferries said the group is acquiring the three P and O ships on the Dover/Boulogne route and the two ships on
      Reuter  -  108 words
    • 237 19 HIGH techonology ships can bring Norway back into a leading position in world shipping, said shipowner Rolf Westfal-Larsen at the recent "perspectives" conference of the Norwegian Shipowners' Association in Oslo. Mr Wesfal-Larsen said that a number of Norwegian shipping companies have built or
      237 words
    • 375 19 AFP TANKER rates moved up to six month highs in the Gulf states area over the long holiday period following the latest series of attacks on neutral shipping, although overall business reported was seasonally low. Despite the sharply higher insurance premiums for vessels trading in the danger zone
      AFP  -  375 words
    • 514 20 ia| 1 The application of emulsified fuels to different engine designs theoretical predictions and experimental results, 1530 hours, Institute of Marine Engineers, 76 Mark Lane, London EC3. Ju 14 Soft starting of induction motors for marine and offshore application, 1730 hours, 76 Mark Lane, London EC3. Jaa 17
      514 words
    • 5067 24 3®aBEXDBJ3 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
      5,067 words
    • 635 25 ssssr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Pegasus Pride Siri Bhum E Grand 360N 202N 002RW 9.1.85 9.1.85 9.1.85 0030 0700 0700 Straits S'pore Shpg Green Asia FSB FSB FSB 1100-1200 1300-1400/1800-1900 0800-1000/1800-1900
      635 words
    • 1795 25 The leading shipping lines operating from ioeai ports and their agents. A-B AFEA African Shipping Agencies (Si Aira-F.araaia Liae Trans group iS). Akreakicl Liaer Servlee Kim Shpg (Si. AKred C Taepler Oceanus Shipping Agen cies (Sl'Marintex Enterprise (PK). Alpac Intrasea (S) Bintang Shpg (KL) Island Cargo
      1,795 words
    • 431 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Coral Princess Eastern Harmony Grand Weal Iweri Qing He Cheng State Of Tripura Seven Seas Split Silver Star Teresa Wakamizu Maru Barber Priam Berlin Billiton II Catamarca II Lin Petaling II La Pampa Lupin River Gurara 1/2
      431 words
  • Page 17 Advertisements
    • 491 17 i Pubkshmd by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Roac Spore 1953 T«l: *****44 A memtw of the times orgonisatiori 556.50 H •JARDINK v'v AXTAH Jrtfdinps I ORIENT OVEIQEAS CotduMVl LINE j P FULLY CONTAINERISED SERVICE TO FI' B OPF VIA SUE 7 TO EUROff VIA SUEZ I
      491 words
    • 235 17 {,.>}){)~&@:}"!:_&}$,}]/;!]<=%+ UNITED ARAB SHIPPING CO (SAG) sIIASC r IK Mi.r .77X^7^ SEALORD SHIPPING AGENCIES fO Shenton Way 04 02C Manns Houtf Singapore 020' Tel *****94 Tel.-> No RS2S4i CFS office TPC 03 30 Tel *****31 end *****32 Terminal off.re TPC 03 29 Tel No *****90 *****93 EXPRESS FILL CONTAMER SERVICE
      235 words
    • 1018 17 1 OCEAN LIME BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE PORT TO US*. EUROPE. MIDDLE EAST. WEST AFRICA ASIA lit l I'M nil (.111 AII AVI II 1 \> I i \l' A.
      1,018 words

  • Page 18 Advertisements
    • 287 18 W(o> I r—# FAR EAST/EUROPE CONTAINER SERVICE 1) Mseilles 2) From Europe 3) H°bur(| 4) Gburg I VESSEL 11) Gburf >2) Hburg 4) R dam S) L( H M/ 1 31/1 5/2 7/2 12/2 14/2 19/2 21/2 2C/2 28/2 5/3 7/3 Mn hcctpHq Nr 1) Barcelona. Genoa. 2) Amsterdam Antwerp,
      287 words
    • 483 18 r Y.S. LINE Y AM ASHITA-SHtNNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wml FMdtr at Tokyo Pacific North Waat Faadar at Koto* Atlantic/Canada faadar at Koba as MX FMB.T MX SLOT MX Also accepting LCL Cargo for USA Porta only. TOi MY VN/M MS m KCX ¥05/SC TOHGO MAMJ *41/51
      483 words

  • Page 19 Advertisements
    • 664 19 The Straits Steamship Group •uj Mansfield Container Shipping Pte Ltd QCL Overseas Containers Limited I CONTAINERSHIP SERVICE TO UK CONTINENT lOK 10 EXPRESS CMC MY OSMA BAY FRANKFURT EXPRESS KOWLOON MY HMHK EVKSS KASUGA MMU TOKO EXPRESS CMCIGMI MY OMKJt MY S'pore PKelanf S tan 12/1 14/1 31/1 20/1 22/1
      664 words
    • 475 19 Franco Belgian Services (MEMBER OF ACE CONSORTIUM! M 'i"' CHARGFURS HAVRAISE MFDEX I IMF ~~r (MED CLUB MEMBER) EI t, Fort-Oe-france Canary tsiand Dec 14 Ok IS Ok Ok 210K 2C OK to* 3 to* I to* 1 la 14 CHARGEURS REUNIS SEMI CONTAINERISED SERVICE TOWEST AERICA Optorg Shipping Pte.
      475 words

  • Page 20 Advertisements
    • 511 20 ItC.&.LINE FULLY CONTAINERISED SERVICE koh(m imtnmc o*K)»a r ,o* 10 EUROPf VIA Sl*Z "1 f Ace Comoflun OMENTAL CHEF 4211 13, KOKM CHANCE m 20, hongkone comma 29, acMua MU. *3w 7, Ctmo KS 47* 17, ALSO LOAOMG F0« BREMERHAVEN PKriaX S'p«r* H.K«c «mH»H Buun ToAjo nniin PAUL 42 9/1
      511 words
    • 235 20 INDIA/BANGLADESH Chitta{ont/Calcutta CWttajont/Calcutta Calcutta/Chittaconf Calcutta/Chitt a {on| r THONG SUON AGENCIES PTE. LTD. 09-07 ROBIN A HOUSE S PORE 0106 TEL *****88 TELEX RS ***** BOOKING *****56 (DIRECT LINE) SINGAPORE TO PENANG ETA ETD i yii SINGAPORE TO KUCHIN6 •EQUATOR I. In Port •EQUATOR IV 11 Jan •EQUATOR V 9
      235 words
    • 401 20 f Hapag-Lloyd -i TO CONTINENT/UK Toko Eipress Caxkfan Bar Osaka Bay (iu(i Marti Tokn Eipress 2417 25/2 1/2 4/2 ft/2 12/2 11/2 IS/2 21/2 21/2 23/2 27/2 21/2 2/3 7/3 1/3 10/3 IC/3 17/3 19/3 29/3 31/3 2/4 5/4 0/4 1/4 On carriage to Scandmavia. Med. Carnbean t S America
      401 words
    • 744 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED /FE) MSO ACCfPTNG CAKO TO 1) promdence. kmark. savannah boston pmjoelpma. Norfolk. mcksonmlle nrarmgton etc 3) custom., balboa panama an. cat*, san ajam unto i 2) ATLANTA. CMCAGO. DETROfT COLURBUS t OTTO MAJOI MKROBROGE KST MAT lONS WNGSTON 4) MONTREAL.
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    • 277 20 US I NOSE MARITIME PTE LTD m RAN EUMM PORT KELANG PENANG ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Snfiprt Laaflni tar 20/1 B Abbas. B. Khwten SKOSI MMOTHK PTE LTD TEL *****44/7 A *****70 MAIOSE HMRITME SDK BHD W *****2/3_ MALAYSIA TRADE A TRANSPORT ITO Tel ***** t
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  • Page 21 Advertisements
    • 846 21 rYv PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 vti KOTA ABACI •COTA WARUNA KOTA WIBATA KOTA ME QAM KOTA TNMJft KOTA WMAWAN KOTA MAKMUR KOTA CAHAYA EAST AFRICA/REDSEA SERVICES KARACHI/P. GULF SERVICES COLOMBO/CHITTAGONG/RANGOON SERVICES BANGKOK DIRECT SERVICES INDONESIA SERVICES KOTA ANQKABA FAR EAST SERVICE
      846 words
    • 809 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE EUROPE STRAITS FROM EISOPE HAM B HAVEN ft DAM HAVRE UK P KELANGSTORI FOR Cardan Bit Sarfed Sa** Safed Safcd Sa*d In Port 9/1 HKG TNN BemUtf Saded Saded Saded Saded Saded 16/1 BU. IK. SM V Osaka Bo Saded Saded SAd
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    • 614 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'oore Service Ful Container Vessel. Busan Yokohama Koto* Kaofouni MonftonjS port IjPnot (III) MAIAPAMI *16 HB 21/12 30 1? 3/1 VI 9/1 11/1 GOMA V 1(0 B 17/1 19/1 22/1 24/1 M l 1/2 EXPRESS SEMI-CONTAINER SERVICE TO U.S. EAST COAST S poe
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    • 377 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION Loatfinf for Rsntoon Spore PJ(«tan{ in Port 11/12 lan 22/23 Jan Loading for Rdam Hburg Antwerp 13/14 i» BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO (JK/C SPORE R'DAM HULL HMBG FORTHBANK 20 Jon 15 Feb 22 Feb 18 Feb MEADOWBANK 24 Feb 22
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  • Page 22 Advertisements
    • 1134 22 K ECUADOR/PERU/CHILE feeder vsi moihb *si KANSAI PttHER *42 A VESSEL KAWASAKI KISEN KAISHA, LTD. SPQKE PKLG PUG SPORE KOK GUAYAGUL CALLAO ARICA AfAGASTA S ANTOMO VAIPAAAISO 24 lan 26 Im 21 bn 30 tan 12 Ftb 25 Mar 2 Apr I Apr 10 12 13 CENTRAL AMERICA/CARIBBEAN SEA rant
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    • 682 22 zJsJ J CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading lot lOSANGEUS SAN FRANCISCO SEATTtF lACOMA VANCOUVtR BC Acceplinf FCI FCI Containers P Ketang Singapore I Angles BHAVAfIHUTI" 20 Feb 21/22 Ft* 20 Mar AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI FCI Containers P Attar* S pore From MA S»dn Aho
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    • 401 22 SANKD ASIA FROM JAPAMCSC POUTS ANO NONOKONG 1 MPPO MARU 2 BUI A! 3 SANKO SCORPIO 4 FUKUZAKI MMtU 5. MO COLORADO Sqiport 9/11 Jar 10/12 Jan 10/12 lan 22/24 Jan 23/25 Jan P.Kelanf 12/13 Jan 13/14 Jan 13/14 Jan 25/26 lan 26/27 lan Penanf 14/15 lan 6 PALMSTAR WRGO
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    • 454 22 INTRASEA (PTC) LTD. 10 Anson Road »27 16 I nte' nnt tor a' P a/a Singapore 0207 Tel 2246*51 1 10 L nesi o BREAKBULK SERVICE TO EUROPE/UK S pore P. Ketone tar 88,4516 9/1 SETE/ROTT/ANT/UJI. (AVON) KARW WIS 22/1 SETE/ROTT/ANT/UJt (AVON) SEAWOOO SHIPPING CORPORATION S pore P Keiang Loadn
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  • Page 23 Advertisements
    • 767 23 lit M lilM 'J FAR EAST/EUROPE FULLY CONTAINERISED SERVICE •< m« AC f CtMtatw* TO EUROPE/UK (VIA SUEZ): IK BUDGE 23W 0 CHEF 4211+ K CHANCE 20* HK CONTAINER 43W. C PAUL 43N C ROZE 42W Also accepting cargo to/from Scandinavia 0 CHIEF S pore Chiang T.mes: NL Cargo 1200
      767 words
    • 445 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON S P'»l WPTUNf *GINCUS Pit I ID Irl ?/8 9 S .''BS4 *4 800h mfs i ???7blo iOperated*i ????48 ??09?84 (I»rmirul i ??0?4S0 ??0?S04 (CfSl Mil »»SIA Si.l NTS TUNAS SHIA SON BHD *1 let 414
      445 words
    • 720 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUR.DMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAMKAT NAM SOON SON BHD IST ANO 2NO FLOOR. MESSRS HAI THONG SHTPMG 23 Netd Quay
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  • Page 24 Advertisements
    • 598 24 ICc<|i»nal Container Lilies 3 Sailings Weekly Reliable Regular Punctual Berthing P S.A Mon, Wed Sat REGULAR/FEEDER SERVICE TO PHUKET/SOftGKLA VOT SM SKIA BKK PKT SKIA RATANA mm 2C2/311 9/10 ton 13/14 ton DAT AHA MUM 312/313 16/17 tan 20/21 ton RATANA BHUM 314/31S 23/24 lan 27/21 ton HINODE KISEN CO.
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    • 51 24 rdfARGO SHIPPING COMPANY (PTE) L TD 1 r EXPRESS CONTAINER SERVICE SINGAPORE BANGKOK 3 SAILINGS WEEKI Y both FCI and LCI: LCI Carpo* pack* at prwato CFS Mon-Fn 9am 5.30pm Saturday 9am 12 30pm tid SwtMtafc. 7B Keppel Road 17-07 Taniong Pagaf Complei Singapore 0208 Tel *****77 220 1088 K
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  • Page 24 Miscellaneous
    • 150 24 ft m n I n <4 Wa lil oo•MQ'y^s TP °C yA Cj Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Weather Wind direction with speed in knots Rain Wave height Cloudy Sky Btrfaee winds
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  • Page 25 Advertisements
    • 47 25 HAI FENG MARINE PTE. LTD. T«to: *****91 *****92; *****96 LOADING DIRECT FOR HONGKONG AND SHANGHAI ETA ETD A «SSa 20/1 22/1 LICORNH > FraQch Lin* REGULAR SEMI-CONTAINER SERVICE TO BANOLA-DESH/INDtA/SRI LANKA/PAKISTAN *ssa STOIC CMTTMON6 MALMA (CALCUTTA) I MAORAS COLOMO M/V ANJOU K.SS M/V ARMAGNAC V2LSS M/V ARTOtS V3LSS
      47 words
    • 134 25 SEA EXPRESS LINE RE GUM SAUK TO MUM POUTS Vend SEA EXPRESS I SEA EXPRESS I SEA EXPRESS SEA EXPRESS (V Lm*( Far BdOAT/MADRAS MADRAS/BOMBAY CALCUTTA/COUNBO E/WMALAYSM (COHTJEEDER SER) CHUNG WOO SHIPPING CO. LTD. LINER SERVICE TO COLOMBO MADRAS S'PORt P. KELANG LOADING FOR M.V. KURUSHMA 117 25 Jan 27
      134 words
    • 203 25 Scan Dutch V To Europe (Med/UK/NC/Scan) To Red Sea/ Mediterranean FEEDER PENANG P. KELANG N Van Oemen Scan Dutch Concordia B Butane Sid B Butane 2/2 From Europe From Red Sea/Med. MOTHER VESSEL N Depma B Suna Seiandia N Houtmao Toyama SINGAPORE p.KELANQ PENANG I KONG Also Accepting To: (I)
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  • Page 26 Advertisements
    • 271 26 Reach the heart of America through the Ports of Virginia. 5f IlwHwts if\ n^uiwt America is a large and vibrant nation. From the industrial northeast to the sunny southwest from Seattle to Miami to Chicago to Dallas exists a commercial, agricultural, geographical diversity unique in this world. And it's accessible
      271 words
    • 316 26 Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER OCEAN ELITE AFRICA MARU CONTINENTAL PARTNER WEST AFRICA NEDLLOYD MADRAS 11 Jan Mombasa. Daressalaam, 29 Jan Port Louis, Reunion 5 Feb Mombasa, Daressalaam, Beira NEDLLOYD MADRAS 9 Jan Monrovia, Abidjan. A papa. Douala. Tema HIMALAYA MARU 8 Feb Monrovia. Abidjan, Lome, Apapa. Douala Also
      316 words