The Business Times, 24 January 1985
1985-01-24
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The Business Times
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Title Section12 1985-01-24 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, JANUARY U, IMS 60 CENTS12 words
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Article, Illustration508 1985-01-24 1 LIM SOON NEO - Total number of tourists falls short of the three-million mark by 8,570 By LIM SOON NEO A RECORD NUMBER of 272,668 visitors came to Singapore in December last year, helping to boost the total number of visitors for the year to an all-time508 words
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Article102 1985-01-24 1 THE Singapore International Monetary Exchange has admitted its first Japanese commodity brokerage house to its membership. Okachi A Co, a futures commission merchant house, has been granted approval-in-principle by Simex for corporate non-clearing membership. Okachi, dealing in gold and other commodities, is one of Japan's top102 words
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330 1985-01-24 1 THE PROPERTY and hotel sectors in Singapore will continue to face difficult times this year. Mr Wee Cho Yaw, chairman of the United Overseas Bank, said yesterday that this would lead to a slowdown in the construction industry and the retail business respectively.330 words
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216 1985-01-24 1 Dhanabalan to become new house leader MR S DHANABALAN, Mr Tan Soo Khoon and Brigadier-Gener-al Lee Hsien Loong will play a significant role in the new Parliament which is expected to open in mid-February. Mr S Dhanabalan, Minister for Foreign Affairs and Community Development, will take over from Law Minister216 words
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Article, Illustration97 1985-01-24 1 STOCK prfeea eeattaaedlto M jinlwiii k thla tradta®. ta ••lie if the eaaler trail, 0£OBBtOH koM g|p^^ S*ae •kaetren aali that *—»> gteeha were iimill alter the reeeat mete ef had aewa while property eeaaters might have benefited frem falfiag h taring leaa ratee. lie BT Cempeelte Mex97 words
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486 1985-01-24 1 FOO CHOY PENG - By FOO CHOY PENG THE DEMAND for foreign maids appears to have slowed down but there are signs that this may be temporary. Nearly three months after the imposition of a $120 flat levy on foreign maids, employment agencies contacted by BT486 words
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365 1985-01-24 1 ALVIN TAY - By ALVIN TAY THE TOKYO government seems to have taken steps to reciprocate Singapore's relatively more liberal admission of Japanese banks by opening its doors wider to the Republic's home-bred banks. Yesterday, the Overseas Union Bank became the second of the365 words
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Article74 1985-01-24 1 CREDIT POSB, the lending arm of the Post Office Savings Bank, launched its one-stop-housing-loan scheme yesterday. The scheme, first made public at the bank's 10th anniversary last August, is for borrowers who wish to use their savings from the Central Provident Fund to buy private74 words
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Page 1 Advertisements
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Advertisement166 1985-01-24 1 lopsiiCarAucfio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD. Singapore: Phone *****22 Kuala Lumpur: Phone *****3/*****0 Penang: Phone *****/***** Jakarta: Phone *****9 SLSRouj! time with this winning combination: a thorough fitness evaluation by a qualified exercise physiologist a highly individualized fitness programme tailored to your particular needs, monitored throughout the166 words
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Advertisement282 1985-01-24 1 \mm RAW MATERIALS DOONESBURY MONEY EXCHANGE A NEW business moy want to weigh the tax benefits of remaining a sole proprietorship or o partnership instead of forming itself into a limited liability company immediately. Page 3 PRESIDENT REAGAN has promised to place "concrete ideas" on the bargaining table in new282 words
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Advertisement60 1985-01-24 1 .@;'-&$^;?*^>+/+>}!^)*<!``~,:>' rant. The Instinctive choice when... yo» hunter fir fine frenck -food entertouning clients rnafancj amends celebrating! impressions count she demands attention you bonder uhat happened to the occasion dictates \HMatei/er your reason, call 223 3366-for reservations Luncheon ~12 ~2.30pm- Dinner' 7 10.30pm Notrvelk cuisine's finest hour The Octagon, sth60 words
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Advertisement87 1985-01-24 1 '_\&/-(^=/)`|}}*/!>`}*%"${-%%(+ Get fit for work LONG hours behind a desk; hurried meals; constant stress. All these threaten the health of today's busy career men and women. Tomorrow, BT shows the way to fight back through BODY LANGUAGE. This is a new series, prepared in association with international keep-fit group Clark87 words
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Page 2 Advertisements
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Advertisement334 1985-01-24 2 J Computers and Communications \bu've heard the legend. Now see the proof. Spinwriters from NEC spinwriter 3500 Now in Singapore Just ask the more than 300,000 demanding users worldwide who've made the NEC Spinwriter the legendary standard in business-quality printing. Then have a look for yourself. The letterhead-perfect printer Spinwriter's334 words
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HOME NEWS
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202 1985-01-24 3 MR LING LEE HUA, chairman of Lim Hup Choon (S) Pte Ltd, has been appointed chairman of the Rubber Association of Singapore for the next two years. Mr Robert W Lutton, chairman and managing director of Union Rubber Brokers (Pte) Ltd, was appointed202 words
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333 1985-01-24 3 THE DAY of the robotic factory, when all activities will be fully automated, will not be upon us for a long time. Visiting Japanese academic Professor Susumu Fujii said: "We have the basic technology of each component manufacturing, production management,333 words
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474 1985-01-24 3 THE USE of heat pumps can save costs for hotels and restaurants as such systems help to reduce energy usage. A heat pump system can economically help to recover heat produced by the air-condi-tioning system for other uses such as hot water474 words
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430 1985-01-24 3 THERE is no reason why negative attitudes towards frozen pork among Singapore consumers cannot be changed. Mr Philip Gendall, a researcher at the Massey University in New Zealand, believes that Singaporeans object more to the idea of buying frozen pork430 words
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70 1985-01-24 3 A SEMINAR on programable controllers In an automated factory will be held tomorrow at the Pavilion Inter-Continental Hotel. The 60 participants will be mainly from the educational institutes such as the Nanyang Technological Institute, the National University of Singapore, and from the gas and oil industry.70 words
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169 1985-01-24 3 A CARNIVAL held last September as part of the Singapore Polytechnic's 30th anniversary celebrations also had a worthy cause in mind. On Saturday, Dr Tay Eng Soon, Minister of State for Education and Minister-in-Charge of the polytechnic, will hand over a cheque for $42,770.59169 words
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Article, Illustration304 1985-01-24 3 LISA LEE - By LISA LEE RESOURCES Development Corporation is among more than 20 international companies prequalified for an airport redevelopment project in Solomon Islands in the South Pacific. RDC will compete with companies from Taiwan, China, Sweden, Germany, Australia and New Zealand to build up the304 words
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Article115 1985-01-24 3 NEC yesterday launched its latest computer, the Advanced Personal Computer m. The APC m, which comes in five configurations, can perform many functions from computeraided design to wordprocessing and accounting. Prices for the system, which has a standard memory of 128,000 characters that can he115 words
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401 1985-01-24 3 MONICA GWEE - Being unlimited may be less taxing Trading loss can be set against individual's income By MONICA GWEE A NEW business may want to weigh the tax benefits of remaining a sole proprietorship or a partnership instead of forming itself into a limited liability company immediately, a tax manager said yesterday.401 words
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539 1985-01-24 3 and how to make planning pay for international companies AN INTERNATIONAL company that tries to overdo tax savings on pay packages does itself no credit and puts its workers at risk. And the employee who is overzealous places his employer at risk. "I suggest that neither can be tolerated," said539 words
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Page 3 Advertisements
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Advertisement52 1985-01-24 3 A onoe-ln-a-lifetime opportunity to tave i substantial residence m Singapore's most exclusive locality. FOR LEASE OR SALE 2- storey modem and coioniaJ design bungalows Land area: 1,203 sq metres to 9305 sq metres Hawing by private appointment only. JUNSFIELD PBOPEKTY SERVICES ALAN TAN OR GEOK WAH TEL: *****8 or *****6152 words
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Advertisement275 1985-01-24 3 First-class sound. r* r SVv Fm < Blau *unkt s Qfi 83 j t 4. V vem: <smbmi «*os«Bnse < Vaim. T" A t i f 4 mt O* m Mi tv// kv N* 10 >*m N >k <# The finer the car. the more important the car stereo design,275 words
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OVERSEAS
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Article, Illustration528 1985-01-24 4 Call to Soviets to follow 'similarly constructive approach' UPI PRESIDENT REAGAN promised to place "concrete ideas" on the bargaining table in new arms negotiations with the Soviet Union and voiced hope the Kremlin "will follow a similarly constructive approach". Tending the threeUPI; AP Photo - 528 words
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147 1985-01-24 4 AFP FOREIGN investment in China expanded 34 per cent last year over 1983 to reach a total of U5|2.66 billion as Chinese authorities approved the creation of about 700 joint ventures. Huang Wenjun, a spokesman for the foreign trade ministry in Beijing, said yesterday thatAFP - 147 words
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167 1985-01-24 4 FT EUROPEAN central banks have intervened jointly to slow the rise of the US dollar on foreign exchange markets in the first such widespread action for several years. The impact of the banks' dollar sales, estimated at a few hundred millionFT - 167 words
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324 1985-01-24 4 AFP SABOTEURS knocked out the rolling stock at a second nickel mine in New Caledonia early yesterday, wielding sledgehammers and burning out motors by running them after having drained off lubricating oil, police said. The sabotage against 21 trucks, five steam shovels,AFP - 324 words
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195 1985-01-24 4 UPI PHILIPPINE Armed Forces chief General Fabian Ver and 25 others were indicted yesterday on double murder charges for the 1983 ass&sination of opposition leader Benigno Aquino and the man whom the military claimed killed him. The charges, affirming the results of a civilianUPI - 195 words
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WORLD IN BRIEF
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Article68 1985-01-24 4 AUSTRALIA has informed the UN General Assembly that it is withdrawing from the assembly's decolonisation committee as the work of the committee "has been reduced considerably because of the success of the decolonisation process". The letter from lan Hutchins, minister at the Australian UN Mission, to assembly president68 words
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Article61 1985-01-24 4 PAKISTAN'S military government has alerted police at Karachi Airport after press reports on Tuesday that executed prime minister Zulfikar Ali Bhutto's politician daughter Benazir might arrive before next month's general elections. An armed guard was also posted at the Bhutto home, and an armed policeman said: "We have61 words
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Article56 1985-01-24 4 Agencies PRIME MINISTER Rajiv Gandhi has said "India has some differences" in its relations with Pakistan. Mr Gandhi told Parliament that during President General Zia-ul-Haq's visit to India last November, the president had expressed a desire for maintaining cordial relations between the two countries and he himself wasAgencies - 56 words
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Article50 1985-01-24 4 THREE Canadian diplomats, including ambassador John Schioler, have been recalled from Egypt following an investigation into currency transactions at the embassy in Cairo. An external affairs department spokesman said yesterday the three were recalled "because of the way departmental regulations were being interpreted and implemented at the embassy".50 words
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Article51 1985-01-24 4 THE US Federal Trade Commission has asked Surgeon-General Everett Koop to launch a fullscale investigation into the dangers of snuff and tobacco chewing. The agency called on Mr Koop to organise a panel of experts similar to that set up in 1964 to look into the hazards of51 words
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490 1985-01-24 4 AFP THE French government may take sanctions against its deputy military attache allegedly linked to a spy ring uncovered in New Delhi last week. The Indian conservative newspaper Statesman said yesterday that LieutenantColonel Alain Bolley, whose name it said had "figured inAFP - 490 words
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163 1985-01-24 4 Reuter us INVESTIGATORS yesterday interviewed two Taiwanese gang leaders arrested in connection with the murder of a ChineseAmerican writer in California last year after Taiwanese authorities promised full cooperation. A government spokesman said the Americans interviewed Chen Chi-Li and Wu Tun who were named by USReuter - 163 words
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445 1985-01-24 4 Reuter A MILITARY commander fighting left-wing guerillas in northern El Salvador has declared 13 areas "free fire zones" for artillery, in spite of protests that shelling could cause heavy civilian casualties. Colonel Sigifredo Ochoa, commander of the northern region, said last weekReuter - 445 words
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Article759 1985-01-24 4 «e» ARRIVALS Operator Sorvko number Local tinw From KAL KE687 0030 SEL/KUL PAA PA5 0155 JFK/SFO/HKG LUFT LH688R 0250 FRA/DXB MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH81I 0940 PEN RBA BM2I 1000 BWN SIA SQ103 1005 KUL AC ACS 58759 words
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Article569 1985-01-24 6 Real public expenditure budgeted to fall I.spc THE BRITISH government is budgeting for a real fall of almost 1.5 per cent in public expenditure next fiscal year, even though spending this year is running well above target. According to figures in the public expenditure white569 words
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483 1985-01-24 6 AP JAPAN WILL not go along with most market opening demands being made by the US, including sensitive areas such as procurement of US-made satellites, a major Tokyo daily reported on Tuesday. The Tokyo Shim bun reported in its morning edition that theAP - 483 words
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347 1985-01-24 6 AFP PHILIPPINE Foreign Minister Arturo Tolentino yesterday said the United States may send military advisers to train Philippine forces now battling growing communist insurgency. The minister, however, warned that the role of the advisers should be clearly defined, emphasising that it would beAFP - 347 words
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337 1985-01-24 6 AP KHMER ROUGE guerillas under threat of a major Vietnamese offensive attacked a Vietnamese base near the Thai border yesterday and countered Hanoi's strike on a guerilla base further south. Thai military officers in Aranyaprathet said yesterday that the Cambodian resistance guerillas launched anAP - 337 words
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254 1985-01-24 6 Reuter NEW ZEALAND has rejected pressure from Australia for a relaxation of the Wellington government's ban on nuclear ships. Reacting to a plea by Australian opposition defence spokesman lan Sinclair for a softening of New Zealand's move to ban visiting nuclear-powered or nuclear-armed warships, ActingReuter - 254 words
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Page 4 Advertisements
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Advertisement162 1985-01-24 4 THE F urn IS CHINESE CELEBRATION ODCTHAIC c^' orxUALo fll I Whatever the reason I IBM make it a celebration I 1 at the Cathay h#l m Restaurant. For superb cuisine, fine wines and attentive service. And music that comes to life for easy listening, and dancing the night away.162 words
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Advertisement12 1985-01-24 4 Pan Am First Class. SpcKV. First In Luxury. I nst In Comfort.12 words
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Page 5 Advertisements
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Advertisement149 1985-01-24 5 asse To all the two hundred or so sengers on today's Air Canada 1 from London,welcome and We trust you enjoyed the flight, inasmuch as it's possible to enjoy any experience that largek consists of sitting down fbrnfteen hours and being fed occasionally A* J since being pampered At least,149 words
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Page 6 Advertisements
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Advertisement124 1985-01-24 6 ITOKJ, established in the field of office systems planning since 1890, is now opening a new branch in Singapore. ITOKI, utilizing advanced technology and expertise, designs and supplies office equipment and systems to multi-faceted companies, laboratories, banks, hotels, hospitals, auditoriums and theatres worldwide. Now, ITOKJ's professional Japanese consultant team stands124 words
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Page 6 Miscellaneous
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Miscellaneous84 1985-01-24 6 BY GARRY TRUDEAU YSAH.SOMB DOES DR. JANATA ffSJS HAVE A RECIPI- BUT FOR HIS wSSSmm ATAJAFi. m m m if* m </ m mk mm mWMIH67O RNDA DEAD LIBERAL OU THIS ISLAND ISA MIXSP OLESSM, HONEY. IF you DO AND THE FIND ONE, mi, THE DOWNSIDE un*± IS THAT, FRANKLY,84 words
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BANKING AND FINANCE
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Article644 1985-01-24 7 SINGAPORE Sterling closed lower yesterday at U551.1195/1206 compared with New York's $1.1225/35 dose, after trading. The US dollar closed marginally lower at 3.1730/40 marks compared with New York's 3.1775/85 close, at 2.6745/55 Swiss francs against 2.6790/ 6810 and at 253.90/254.05 yen against 254.15/20. The Singapore dollar eased slightly644 words
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Article206 1985-01-24 7 Interbank rotes at 3pm erdoy c change Local doNora to mm unit of foreign currency: US dolor Starting pound Australian dolor NZ dolor Conodwn dolor 2.2030 2.4673 1.7916 1 0340 1 6638 2 2040 2.4706 1.7936 1.0358 1.6652 2.8196 7.3469 3.4286 3 4286 ***** -21 87 -66 42206 words
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Article159 1985-01-24 7 HONGKONG The metal closed lower in nervous late trading yesterday amid rumours of a cut in Opec's crude oil benchmark price. It finished at $302.60/ 303.10 compared with New York's S3Q3JO/70 and the previous close of $306.50/ 307.00 here. Local gold fell HK$36 to close at $2,819 a tahil.159 words
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Article113 1985-01-24 7 THE OVERNIGHT rate on the Singapore interbank money market rose by one point (ram Monday to close at 6 per cent yesterday. The one, two and threemonth term rates fell by 3/16-point across the board. S$ interbank rates at 3pm yesterday Offer Bid Overnight 6 5 7/8 1-month113 words
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Article, Illustration295 1985-01-24 7 Asjan market ASIAN dollar deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Short-dates firmed 1/8 point at the start on a higher US federal funds rate and remained at these levels with overnight closing at 8-3/8 8-1/4 and weekfixed at 8-1/4 8-1/8. Periods were little changed295 words
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Article61 1985-01-24 7 THE Monetary Authority of Singapore has invited banks and discount houses to tender for $110 million of 91-day Treasury bills to be issued at the option of the tenderer from Jan 28 to Jan 29; and from Jan 31 to Feb L Each tender must not be for61 words
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Article269 1985-01-24 7 BA Futures Inc EURODOLLAR futures opened on a bullish note yesterday with the March contract gapping two ticks higher than CME's close at 91.26. The contract settled at 91.27. Currency futures traded quietly. March D-mark closed three ticks higher at 0.3162 while Japanese yes closed three ticks higher atBA Futures Inc - 269 words
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Article, Illustration515 1985-01-24 7 AMY BALAN - By AMY BALAN CONTRARY TO expectations in some quarters, National Bank of Abu Dhabi is not closing down. In fact, the Singapore office is trying to recruit more staff. The bank is undergoing reorganisation and plans are afoot to expand its operations515 words
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Page 7 Advertisements
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Advertisement307 1985-01-24 7 mm f v: w-* < t t> "H >•" -y 1; f 4 V- A OAL > C 0 k A«f J I 4 m I I ft #t I fj ':-Xv a v 'K llf ff: ft IrftilPlk V I® If! l I I 1 > I >: >307 words
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FEATURES
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Article505 1985-01-24 8 IT IS NOT difficult to find pessimistic opinions on Singapore's immediate economic future, but exporters remain fairly optimistic about business prospects this year. In the first of its series of surveys, the Export Credit Insurance Corporation of Singapore (ECICS) found that more than half of505 words
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Article, Illustration1640 1985-01-24 8 ZHOU MEI - Contractors are a pragmatic lot. Scepticism is still detectable, but by and large, they are ready to take on an unfamiliar role as providers of training to the industry. With the promise of hefty financial support, SCAL and another seven private sector trade/industry bodies have agreed1,640 words
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Article406 1985-01-24 8 NYT IT TOOK Craig Schowalter, a food technician for Nankin Express, a Chinese fast-food chain in New York, only six months to reduce the art of Chinese cooking to a science. He developed a four-step process to which, he says, 80 per cent ofNYT - 406 words
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457 1985-01-24 8 Muhamed Haji Sold - Letter to the Editor Muhamed Haji Sold Grsap Secretary Bbne Darby Berbad DEAR SIR, I would like to draw your attention to the article in BT on Tuesday, Jan 22, reporting on Sime Darby's extraordinary general meeting of last Saturday. The457 words
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Page 8 Advertisements
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Advertisement37 1985-01-24 8 0 o o <© t \y V s* c> 6 \°> o \b b\b For more Information, Contact the orgainser: >A Times House, 390 Kim Seng Road, Singapore 0923 Tel: *****11 Ext. 2642/2643/2644/2645 Direct Line: *****62 Telex: RS *****37 words
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SPORTS
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518 1985-01-24 9 WALTON MORAIS - By WALTON MORAIS SINGAPORE'S professional golfers will enlist the help of their amateur counterparts in preparing for golf's richest tournament, the Dunhill Cup world team championship, if they're invited to take part. While confirmation of their participation has not been received, Professional Golfers Association518 words
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348 1985-01-24 9 NYT JUST WHEN boxing is welcoming back some of its biggest stars, Aaron Pryor, scheduled for only his second fight in 17 months on Feb 9, has suffered kidney and back injuries in training, which may delay his comeback.NYT - 348 words
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125 1985-01-24 9 Reuter THE struggling North American Soccer League (NASL) suffered another blow on Tuesday when the Tampa Bay Rowdies dropped out of the 1985 season. "The Tampa Bay Rowdies have failed to post their letter of credit for the 1985 outdoor season, forfeiting theirReuter - 125 words
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Article, Illustration238 1985-01-24 9 AP BRITISH JOCKEY Lester Piggott, one of the most successful riders in the history of flat racing, denied on Tuesday reports that he was retiring at the end of the season and said he had not yet made a final decision. "Everybody knows I'veAP - 238 words
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Article, Illustration422 1985-01-24 9 AP THE INAUGURAL Australia Games get under way in Melbourne on Saturday, with a total of 2,000 athletes from 25 nations expected to compete in the nine-day games encompassing 21 sports. World 100 metres record holder Calvin SmithAP - 422 words
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Article, Illustration278 1985-01-24 9 AP TOP SEEDS John McEnroe and Jimmy Connors found out on Tuesday who they were to face when they opened play in the US$3OO,OOO US Pro indoor tennis championship in Philadelphia. McEnroe, seeded Nol and in pursuit of his fourth straight championship there,AP - 278 words
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Page 9 Miscellaneous
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Miscellaneous1138 1985-01-24 9 w god gmdixd HIGHLIGHTS Thursday Feature Special Xanadu 9.55 pm, Channel 12 A fantasy love story about a girl who makes dreams come true. Pop singer, Olivia Newton-John portrays a muse, one of Zeus' nine daughters. She and her eight sisters come down to earth to help mortals turn their1,138 words
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Miscellaneous674 1985-01-24 9 CRYPTIC PUZZLE ACROSS 1 Kind of varnish for o ship's part, I see (6) 7 Difficult place to get nuts and bolts, etc (8) 8 Facts on attorney gets thanks for? (4) 10 Transform a piece of pipe into something to eat! (6) 11 Don't agree with a thing! (6)674 words
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INTERNATIONAL STOCKS
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326 1985-01-24 10 Reuter AMERICAN EXPRESS CO said its travel related services company and American Express International Banking Corp's strong performances aided 1984 earnings. Travel related services reported a net income of US$3B7 million. International banking services earned $156 million. During 1984, the company also benefited fromReuter - 326 words
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148 1985-01-24 10 Reuter SELTRUST HOLDINGS, British Petroleum's Australian subsidiary, will call' a shareholder meeting on Feb 28 to vote on a resolution for voluntary liquidation, a BP statement said. Earlier on Tuesday, Seltrust minority shareholders rejected a reconstruction scheme proposed by BP Australia at a specialReuter - 148 words
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303 1985-01-24 10 Reuter WAT.I. STREET stocks closed mixed on Tuesday in very heavy volume, on profit-taking after Monday's strong rise in the Dow Jones Industrial Average, analysts said. The Dow Jones Industrial Average declined by 1.87 points to 1,259.50. Gaining issues led losers 934 toReuter - 303 words
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Article136 1985-01-24 10 JAM 22 a 34 unch Imp Ol Inco Int Pro* P(p« 43* 18* 34* 24 unch 39 19* unch 16 27 V, 19 Bonk Novo Scotia M T«l Z 35 Vi Mauty F*fg 3* 28* unch BP Can Ltd 25W 16* 33** 1* 64* Can bnp Bk 31* Can136 words
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Article217 1985-01-24 10 JAN 22 9md MOUSTtlALS A Alpha 890S Aborcom 120 AE And a 745 inch unch Un St««l UnMC Woohvorth *****5 1400 MININGS 2475 unch unch 25 -65 2375 -25 Anghroal 7600 50 B 1 OOOOwl 1065 -20 Byyoor* 1850 25 C G Smith 2175 200 25 Buffet* 510 Currw217 words
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Article662 1985-01-24 10 JAN 22 US$ ACF Industrie* Ale an Alumn Alcoa Alegheny Lud AJb«d Otwn Cp AM Stor»i Aln-Chatman Am Brandt Inc An Broodcott Am Con Co Am Cyonarr*d Am Dk Pw Am Exprou Am Homo Prod Am Motan Cp Am Natural Gat Am T4 Tal Amax Inc Amarodo Hett662 words
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Article897 1985-01-24 10 Amsterdam JAN 22 Fh ABN 385 00 5.5 ***** +3 Ahold 211.50 +4 5 104 50 +18 AM£V 227 50 1 Amrobrfc 73.40 +1 52.00 +12 1 Rok 108 00 +15 ***** -IS Bosko 8400 +3 Colond 33 50 04 Co* 447 50 7 5 CM Mii *****897 words
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Page 10 Advertisements
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Advertisement448 1985-01-24 10 Wi&tt wim* aatf P Xkfk&Vrm* 4 Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/CHINESE/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At Sl6/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music448 words
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Advertisement138 1985-01-24 10 London stocks, Pago 15 c> V 15' i: LOMMgB Sip a glass of the world's finest wine, while you relax In the cosy ambience of The Lounge. Make your nights memorable with versatile quartet Body fl Soul from Philippines. They'll captivate'you! ■ppy itomrM Sps 7ps< 21% oft M >11 tfvta138 words
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ASIAN STOCKS
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Article354 1985-01-24 11 HONGKONG: Stock prices closed sharply lower yesterday as a late morning selling wave undercut early gains. The Hang Seng Index finished the half-day trading session off 15.78 points at 1,357.84. Volume was HK5336.51 million compared with $440.44 million in Tuesday's full day session. HK Land, which sold the 34.6354 words
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Article238 1985-01-24 11 JAN 23 A1 Smear* Indus Alio Cement HT 5 90 25 50 +0.2 +0.2 Lee Chang Yuen Chem Indus Lien Hwa kn<fcjs Nan Y a Ptas Pocifvc Com Pacific Elect Wire 1800 12 00 30 30 25 60 1840 unch +0.1 0.5 unch 0.1 Cottioy Cora Chang Hwa Bank238 words
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Article338 1985-01-24 11 TOKYO: Share prices closed slightly lower yesterday in light trading. The market average slipped 9.11 to 11,859.01 after plummeting 96.40 on Tuesday, on volume of 320 million shares against 380 million on Tuesday. The Stock Exchange Index fell 2.46 to 929.21 but the second section of the market firmed338 words
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Article115 1985-01-24 11 MANILA: Share prices closed higher in active trading yesterday. The Mining Index rose 2.80 to 736.83, the Commercial and Industrial Index 0.45 to 113.93 and the Oil Index 0.14 to 0.597. PLDT rose 0.50 to 36 pesos and I epanto B closed at 0.44 from 0.43. JAN 23 fmm115 words
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Article405 1985-01-24 11 SYDNEY: Share markets rallied in the afternoon yesterday to close firmer after mixed signals from overseas made early business cautious. Near the close, the All Ordinaries Index was up 1.5 points at 758.3, the All Industrials 1.2 at 1135.3 and the All Resources 1.7 at 469.0. Rises outnumbered falls405 words
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Article160 1985-01-24 11 BANGKOK: Stock prices closed mixed in quiet trading yesterday. The Book Club Index rose 0.04 point to 127.04 as declines led advances by nearly two to one. Turnover rose to 456,475 shares worth 81.6 million baht from Tuesday's 153,859 shares worth 22.4 million. JAN 23 Mm Stam City Cement160 words
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Article77 1985-01-24 11 ion 23 Bonk Seoul Won 645 5 Hyundai Const Hyundai Motor KAL 930 630 530 22 3 unch 620 1 730 10 690 1800 -10 527 -1 384 -3 530 -2 744 +4 632 +4 815 unch Dong Ah Gold Star Moral Bk Hon Vong Hyundai Corp 629 70077 words
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Article63 1985-01-24 11 Reuter DAEWOO CORP has signed a US$3O million threeyear loan to finance its overseas activiities, lead manager Manufacturers Hanover Asia said. Interest is point over the six-month London interbank offered rates (Libor) for the first 18 months and point over Libor for the rest. The loanReuter - 63 words
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314 1985-01-24 11 FT SOARING US DEMAND, abetted by the weakness of the yen against the US dollar, helped propel Honda Motors to a 46 per cent rise in consolidated net profits in the third quarter of its financial year, ending last November. Net profits reached 32.82FT - 314 words
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145 1985-01-24 11 AP SONY CORP and NEC Corp, two leading Japanese electronics companies, have reached an agreement that allows Sony to manufacture and sell NEC's Vseries microprocessors around the world. NEC officials said the five-year agreement calls for NEC to provide Sony with circuitAP - 145 words
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218 1985-01-24 11 FT THAI SHELL Exploration and Production Co, a wholly-owned subsidiary of the Royal Dutch/ Shell group, and the state-run Petroleum Authority of Thailand (PIT) have agreed in principle on a joint venture and an indigenous crude oil sale agreement. Both parties confirmed thatFT - 218 words
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Article90 1985-01-24 11 AFP THE ASIAN DEVELOPMENT Bank (ADB) has approved a new concessional loan to Sri Lanka and a technical assistance grant to the Philippines. The US$l2.4 million loan will be used to help finance Sri Lanka's secondary town's power distribution project, which is ex- pectedAFP - 90 words
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Page 11 Advertisements
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Advertisement357 1985-01-24 11 Mr SI *S A y A M* Dine and time in the eld fsic elegance of The Belvedere French restaurant par excellence. And let the stirring sounds of our music- makers bring hack the pleasures of evenings well-spent. For information and reservations, telephone *****11 ext 721. btW i < <357 words
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Advertisement108 1985-01-24 11 a Tf I M ?4 ti v> Buffet Luncheon Show Every Thursday Date 24 tti January 1965 Pricr Sl6++ Buffet Lunch: 12 noon Show Time: 1.15 pm Modrtao bf. GNM Spomond br NEKAFf Of UK SportnMV wfFor reservations please call 734 6622 ext 142 ijf muumujl mm**. J L MMMKMi108 words
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RAW MATERIALS
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Article, Illustration446 1985-01-24 12 Bernama WINTERING, the time when I rubber trees shed their leaves I and is usually followed by a i marked drop in production, has i started and is expected to become more pronounced this year. This is good news to the industry, now experiencing rock-bottomBernama - 446 words
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Article248 1985-01-24 12 AP WORLD PRICES paid for raw materials dropped considerably in the second half of 1984 and were still falling in December, according to an International Monetary Fund survey. The drop amounted to a sharp 7 per cent in the summer quarter and another 3.5 per centAP - 248 words
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308 1985-01-24 12 Reuter THE US share of the Asian wheat market could drop to between 35 and 40 per cent by 1990, down from 64 per cent in 1960 and 50 per cent in 1963, a Car gill official said. Robert Kohlmeyer, managerReuter - 308 words
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219 1985-01-24 12 AFP MALAYSIA announced on Tuesday it will allow indirect import of Mandarin oranges, the harbinger of wealth to the Chinese at New Year, if direct import from China did not suffice. The decision came after a task force on essential goods chaired by DeputyAFP - 219 words
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157 1985-01-24 12 Reuter CHINA will fulfill its foreign grain agreements and is now discussing with countries involved ways to solve the problem of further long-term grain trade, a Chinese Ministry of Foreign Economic Relations and Trade spokesman said. "All agreements we signed we will no doubtReuter - 157 words
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169 1985-01-24 12 Reuter COMPETITION for the Chinese wheat market is expected to remain stiff in the coming year, a US Agriculture Department official said. Director of the Grain and Feed Division of USDA Foreign Agriculture Service Donald Novotny said a long history of priceReuter - 169 words
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104 1985-01-24 12 AP MALAYSIA, the world's largest producer and exporter of natural rubber, is planning to move into the tyre-making business, a high-ranking government official said yesterday. Primary Industries Minister Paul Leong said the Malaysian government planned to acquire multinational tyre companies at the recommendation of aAP - 104 words
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Article71 1985-01-24 12 Reuter SRI LANKA's tea production for 1984 totalled 208 million kg, up 20 million from the previous year. December production was 17.7 million kg, compared with 20.2 million in December 1963. Foreign exchange earnings from tea is expected to amount to 16 billionReuter - 71 words
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Article239 1985-01-24 12 SOYBEAN futures on the Chicago Board of Trade closed on or near the lows on Tuesday, off 13 to 10 3 US cents per bushel lower in moderate trade. March settled at $5.9614 after posting a 9'/2-cent range on the day. Scattered country movement, weakness in the nearby soyoil239 words
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Article289 1985-01-24 12 Singapore (SS/kUo, ex-godown) A-l special C-l special C-l Ordinary 177 unq unq Thoi white Loonzain 100% 100% 1st class (kangaroo) new crop 1 096 first grade 100% second grade 100% third grade unq 225 unq 100% 2nd class 070 Parboiled 100% 3rd class 065 5% 10% 227 222 25%289 words
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Article102 1985-01-24 12 THE Kill» Lam par Tin Market price remained at the International Tin Agreement fleer-level price ef M $29.15 per kg yesterday. Tetal turnover wm 112 tonnes compared with 171 tonnes on Taesday, nnd tke boffer stock manager took tke bnlk ef disposals. 1 The Knala Lnmpnr Tin Market102 words
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Article150 1985-01-24 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,900 Blue Phoenix 20's 3,000 Bki« Phoenix 32's 3,600 Blue Phoenix 40's 3,850 Carded yarn, hank Blue Phoenix 21'» 3,300 Combed yarn, cones Blue Phoenix 32's 4,600 Blue Phoenix 40's 4,800 Open-end yarn Blue150 words
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Article237 1985-01-24 12 SINGAPORE The market closed slightly higher yesterday with February One RSS buyers quoted at 171.50 cents per kg, up 0.25 from Tuesday. The morning market ended 0.25 cents higher after fluctuating within a narrow range in quiet trading. Prices held steady at lunch-time levels in quiet afternoon trading. MALAYSIA237 words
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Article332 1985-01-24 12 RAS prices («s cMtvkuo. fob «boM NOON CLOSE Buy#rs Sellers Buyers SilUn Int 1 RSS Prompt 169 00 170 00 169 00 I70.00N Int 1 RSS Feb 85 171.25 171.75 171.50 171.75 Int 1 RSS Mar 85 172.25 173 75 172 50 173.00 Int 2 RSS 159.50332 words
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Article152 1985-01-24 12 Chir>es« Product Robusta 20/25% 477 50 Exchange (Setters' BOO" closing FOB NSW I prices on ion Nutmeg 438 00 23 S*/100 kg) 110 FOB NSW B W FOB NSW 281 00 Coconut oil Bulk FOB 170 00 Gambier 330.00 CHd drum FOB 183 00 FOB NSW New drum152 words
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Article103 1985-01-24 12 WHEAT futures on the Chicago Board of Trade ignored weakness in the neighbouring grain and soybean pits to close one to V* US cent per bushel higher in moderately light trade on Tuesday. March settled at $3.49»/i after posting a 4'a-cent range. Refco and Frazier Parrott were the featured103 words
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Article139 1985-01-24 12 MALAYSIAN crude palm oil prices eased yesterday on short selling in sympathy with weaker Chicago soyfutures, despite Pakistan's RBD palm oil purchase on Tuesday. Trading was thin and interest again centred on January deliveries. Central region fell M 517.50 to $1,167.50 per tonne, while south and north eased139 words
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Article111 1985-01-24 12 (cents/kg, 1-ton f •Hen) February 85 March 85 (current mth) (forward mth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR20 165 00 167 OON 166 00 168 OON SSR 50 163 00 165 OON 164 00 166 OON MRELB Buyers Sellers Buyers Sellers SMR CV ***** 195111 words
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Article937 1985-01-24 12 COFFEE Robusta futures edged higher on Tuesday in late trading on strength in New York to close £20 to £1 higher after a lacklustre session. March ended £1 below the day's high at £2,393, up £14, with spot January at £2,36, up £1. Physical market interest has been937 words
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SHARE INFORMATION
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Article, Illustration4228 1985-01-24 13 FINANCE and property counters bucked the easier trend at the Singapore stock market yesterday. In the finance sector, rises outnumbered falls by nine to seven while the property sector saw six gainers against five losers. Some obserVers described this as an interesting feature4,228 words
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Article235 1985-01-24 13 SINGAPORE Rises Indices Sotarm 200 +43 ICS S80+I0 0 8 S 555+10 spore Land 273 +8 M Cofc»a» 428 +6 F E Lavmgsto* 274 +6 0 C 8 C 860 +5 S 8 S 245 +5 U O 8 426 +4 City Dot 50t 107 +4 Falls235 words
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Article477 1985-01-24 13 SHARE PRICES continued to decline on all fronts at the Kuala Lumpur stock market yesterday in lacklustre trading. Prices opened slightly lower from overnight levels and then drifted lower across a broad front. No improvement was seen after the lunch break as shares continued477 words
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Article2965 1985-01-24 13 810 and offer price* officially luted 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".2,965 words
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Page 13 Advertisements
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Advertisement6 1985-01-24 13 BusirtMs don« onth«KLSE Btt p*9« 146 words
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COMPANY NEWS
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Article, Illustration690 1985-01-24 14 Financing for Phase II of Arosa's development Bernama FIRST ALLIED Corp Bhd's (FACB) wholly-owned subsidiary Arosa Development Sdn Bhd has taken a Ms 93 million syndicated loan from a consortium of finance companies and banks for the development of phase two of its housing projectBernama - 690 words
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Article, Illustration583 1985-01-24 14 Reuter AFTER A BUMPY YEAR in which takeover speculators rocked the house that Mickey Mouse built, Walt Disney Productions has begun ISBS with new management, strong earnings and a sigh of relief. "There has been a genuine uplift of spirit, a sense that we'reReuter - 583 words
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Article98 1985-01-24 14 HONGKONG Australion Industrials Hong Seng Index Wednesday 1135.7 Tuesday 1134.1 Wednesday 1357.84 Week ago 1107.9 Tuesday 1372.62 NEW YORK Week 090 1358.81 Dow Jones Tuesday 1259.50 TOKYO Monday 1261.37 Week ago 1230.79 Tokyo Dow Jones Wednesday *****.01 Stondord and Poors Tuesday *****.12 Tuesday 175.48 Week ago *****.02 Monday98 words
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Article196 1985-01-24 14 Managers' prices for Jon 24 Second B'putro 4.81 4.86 Third B'putro 3.95 4.00 Fourth d putra 4.27 4.32 Singapore Unit Trust The Commerce 2.22 2.36 The Sovings Fund 1.56 1.65 S'pore Prog Fund 0.95 1.01 S'pore Sec. Fund 1.41 1 50 S'pore Invest Fund 0.95 1.01 S'pore Equity196 words
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364 1985-01-24 14 TOGJ2 ACCORDING to the latest research from London stock broking firm James Capel, the outlook for Singapore hotels is not as bad as has been feared. But it points out that the hotel industry here is very much less healthy than that of364 words
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555 1985-01-24 14 FT ALLIANZ, West Germany's biggest insurance group, is still keenly interested in buying an insurance company in the United States, even though its step-by-step takeover of the RAS concern in Italy alone will cost more than one billion Deutsc heFT - 555 words
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Article1891 1985-01-24 14 BID and offer prices officially luted and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lota of 1,000 units unless otherwise specified. INDUSTRIALS A Owe (2 456 2 60S) AMD (3.288 3.305)1,891 words
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Article212 1985-01-24 14 PETALING TIN Berhad: 59th AGM at 1st Floor, Straits Trading Building, 48, Leboh Pasar Besar, Kuala Lumpur on Jan 25 at 3.00pm. UNITED MALAYAN Flaar Mill* Berhad: AGM at Conference Room of Hotel Merlin, 25-A, Farquhar Street, Penang on Jan 26 at 12.00 noon. CHIN TECK Plaetatiw Berhad:212 words
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Article, Illustration150 1985-01-24 15 SINGAPORE Land l4td is expected to face another year's delay in the completion of its Gateway project following the severance of ties with its main contractor, Turner Corp. .The company will have to find a new main contractor to finish the half-completed project. The150 words
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185 1985-01-24 15 PROMET Bhd and Bukit Naga Holdings Sdn Bhd, a company owned by two Shell retirement benefit funds, have formed a joint venture company to construct two blocks of 11-storey office buildings in Kuala Lumpur. Bukit Naga Holdings will hold a 51 per cent185 words
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559 1985-01-24 15 AMY CHEOK - By AMY CHEOK CONSTRUCTION and hotelbased T.im Kah Ngam Ltd has identified property development and investment as two of the group's future areas of growth. It has set up two subsidiaries but they are not expected to makp any significant contributions to559 words
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Article995 1985-01-24 15 SHARE prices yesterday were marked lower at the outset following Tuesday's record highs as dealers showed concern over the renewed weakness of sterling. However, there was little follow-through and prices soon moved off the lows. At noon, the FTSE 100 share index was down 24 points at 1281.7995 words
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512 1985-01-24 15 NAJEEB JARHOM - Sale to unnamed overseas buyer marks end of Sime's presence in India By NAJEEB JARHOM SIME DARBY Bhd has severed ties with one of its oldest members, RG Shaw k Co Ltd, and in the process netted a512 words
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Article, Illustration449 1985-01-24 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN SIME DARBY group chief executive, Tunku Ahmad Yahaya, is disappointed with the response to the group's voluntary general offer for United Estate Projects. Sime Darby has received acceptances under the general offer for 15.2 per cent of the UEP equity. Together with449 words
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Article477 1985-01-24 15 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI CHEMICAL COMPANY of Malaysia (CCM), a member of the British-based ICI group of companies, is now more optimistic about its prospects, after three years in the doldrums. Efforts devoted to improving the company's production efficiency, marketing and distribution as well as to keeping477 words
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Article212 1985-01-24 15 INTERNATIONAL W»s4 Prefects Ltd will hold an EGM at 11 am, Jan 28, to pass a resolution allowing its directors to allot provisionally the 8.4 million shares of H each resulting from its one-for-one rights issue at $1.20 each. Hie EGM will be held at Interwood's Town Office,212 words
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Article423 1985-01-24 15 LAST FULL YEAR C—pi Period Date OfWIOUflC#d Yeor Net EPS Gross Nat ending (cents) dtv profit last year (V000) G Lumber Interim June 30 Sep 84 3,6181 KG Hldgs Interim Sep 12 Dec 84 8.3 10.0 1,964 Leong Huot Interim Oct 26 Dec 84 1.972L Muroto Interim" Nov423 words
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Page 15 Advertisements
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Advertisement155 1985-01-24 15 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME I, Mitsutoehi Nawa, managing director of Poseidon '.'Marine Transport Private i Limited, hereby give notice that in consequence of our intended purchase of ship "Tatsuta Maru", I have applied to the Registrar of Singapore Ships, under section 417 of the Merchant155 words
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Advertisement4 1985-01-24 15 TIME "IfiTimes IU Distributors4 words
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Advertisement355 1985-01-24 15 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 185 PURSUANT TO SECTION 254<2)<b) AND IN THE MATTER OF HUA SIANG FARM (PTE) LTD. At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore 0719, oh355 words
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818 1985-01-24 16 LEE HAN SHIH, JEFFREY TSANG - By LEE HAN SHIH, JEFFREY TSANG THE NEW INSTITUTE set up to spearhead Singapore's entry into biotechnology may also serve to stimulate entrepreneurship in academics and help to reverse the drain of scientific talent to overseas universities. But the National University of Singapore818 words
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418 1985-01-24 16 PENG AILIAN - By PENG AILIAN MERCHANT BANK Armco Pacific has stopped marketing for new loans and leasing business. Director of operations, Mr Alan Plumb, told BT: "Armco Pacific is in the process of being sold and, as such, everything has been put418 words
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184 1985-01-24 16 UPI A COMMITTEE of experts from the Organisation of Petroleum Exporting Countries has decided to recommend lowering the cartel's benchmark price by US$l a barrel. The Kuwaiti News Agency said yesterday the recommendation would go to Opec's full ministerial meeting in Geneva on JanUPI - 184 words
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Article, Illustration553 1985-01-24 16 THE TREES will take some years to reach their full glory and the lake is still being dug, but already, visitors to the sprawling grounds of the Botanic Gardens can stroll along the footpaths and lawns in its new 15-hectare extension. Joggers who had553 words
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Article202 1985-01-24 16 A PROMISE to start a big sales drive to re-introduce Gucci Plus leather products was made by Mr Li Chan Chun, head of Euroworld Trading a local trading company and the sole agent for the Italian products here. The sale of Gucci Plus202 words
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Article93 1985-01-24 16 THE deployment of medium-range nuclear miariUa by Nato and the Warsaw Pact countries was one of the subjects dfcc—ed by visiting East German Deputy Foreign Minister Gerd Konig and Singapore government officials yesterday. Mr Konig, here on a three-day visit which started on Monday, and officials93 words
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Article49 1985-01-24 16 THE SINGAPORE branch of Taiyo Kobe Bank will launch its maiden Asianyen certificates of deposit here tomorrow. The three billion yen CDs, arranged by Nikko Merchant Bank, will have a maturity of two months. The interest rate will be 1/ 16-point below the Singapore interbank bid rate.49 words
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Article72 1985-01-24 16 Reuter THE US Consumer Price Index rose 4 per cent in 1984 after a seasonally adJusted gain in December of 0.2 per cent, the US Labour Department said. The December increase, which followed an identical gain in November, lifted the index to 315.5 (1967 was base year).Reuter - 72 words
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285 1985-01-24 16 JOANNE YAP - By JOANNE YAP TWO FOREIGN COMPANIES have bought the former Mayertro Industrial Pte local printed circuit boftvd (PoB) liquid crystal diiplay» (<»)> manufacturer which went out Of' business last July. A Hongkong-based company, Jexon Ltd, paid $3.3 million for the PCB unit, while the285 words
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Article269 1985-01-24 16 THE SLUMP in the ship-build-ing and ship-repairing industry has taken its toll on a woodworking company. It is believed that Dapon Industries a woodworking company which also sells building materials has run up a debt of $7 million to $8 million with about 200 creditors.269 words
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Article73 1985-01-24 16 WALL. Street stock prices were slightly higher in the first 15 minutes of trading yesterday after opening mixed. The Dow Jones Industrial Average was up less than onehalf point to near 1260. In the broad market, gainers slightly edged out losers on early volume of 13 million73 words
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LATE FILE
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Article49 1985-01-24 16 AFP THE CITY of London sat up yesterday on news that Opec's oil reference price may be adjusted downwards. Sterling weakened and the stock exchange plunged 18.7 points in a matter of minutes, while gold fell to U*****.25 an ounce from $306.75 the day before.AFP - 49 words
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Article38 1985-01-24 16 AP UNEMPLOYMENT in the European Economic Community rose to 11.3 per cent in December, with about 100,000 more people out of work than at the start of 1984, the EEC Statistics Office said. APAP - 38 words
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Article31 1985-01-24 16 Reuter AT LEAST 2,717 people were killed in nationwide antiSikh sparked by Indira Gandhi's assassination, the Indian government said yesterday, more than doubling its previous casualty figures. ReuterReuter - 31 words
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Article24 1985-01-24 16 CHINA would accept-an invitation from Indonesia to celebrate the 30th anniversary of the Bandung Conference, a Beijing Foreign Ministry spokesman said.24 words
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Article46 1985-01-24 16 UPI CHINESE troops along the troubled Sino-Vietnamese frontier yesterday launched a counter-attack in retaliation for a series of Vietnamese provocations that "killed and wounded several hundred" civilians. The Chinese Foreign Ministry announced yesterday that the action followed stepped-up provocations by Vietnamese forces. UPIUPI - 46 words
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Article49 1985-01-24 16 AP MICHITA SAKATA, a longserving lawmaker from the ruling Liberal Democratic Party, has been chosen to succeed Kenji Fukunaga as Speaker of the Diet House of Representatives. Mr Sakata, 68, will be formally elected as the 64th speaker by the 511-member Lower House today. APAP - 49 words
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Article38 1985-01-24 16 AP JAPAN, has decided to adopt punitive measures against five major US airlines servicing the transPacific route unless Nippon Cargo Airlines is permitted to fly to the US, said the Mainichi Shimbun newspaper yesterday. APAP - 38 words
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Page 16 Advertisements
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Advertisement179 1985-01-24 16 jjr* $200 for your old typewriter when you buy a new Adler memory electronic o*V v Adler SEIOII. German quality at a sensational price Here's a sensational offer from Adler: $200 off the price of the advanced and work saving Adler SEIOII electronic with memory by trading in your typewriter,179 words
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Page 16 Miscellaneous
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Miscellaneous56 1985-01-24 16 \msraaa Outlook for today: Portly cloudy; showers in several oreos in the late afternoon. Report for 24 hours prior to 7.30pm on Jon 23 at th« airport: Maximum temperature 32.9 Associated humidity 54 Minimum temperature 24.0 Associated humidity 92 Hours of sunshine 9.15 Rainfall in millimetres Nil 'Rainfall this month56 words
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SHIPPING TIMES
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201 1985-01-24 17 THE fiercely competitive A«ian shipbreaking market will soon have another contender the Philippines. Legislation is being drafted to encourage Philippine yards to get a piece of the shipbreaking Industry which is currently dominated by other Asian countries, notably South Korea and Taiwan. The incentives will include201 words
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462 1985-01-24 17 VONG NYAM MING - By VONG NYAM MING ASEAN may soon settle down to the task of setting up an intra-Asean liner service. The first concrete step in this direction is expected to be taken by the Asean Standing Committee which is now in session in462 words
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Article680 1985-01-24 17 Shipping Line Col Shipping Line P •ege Col Afea VI 3 FMG-CAVN VI 1 4/5 Ahrenkiel Liner VI 5 Fronco-Belg HI Alpha trons VI 4 Frata Shpg VI 2 Andeka Shpg VI 1 Freight Links VI 4 ANL 1 1 Frota V 1 APC Lme V 4680 words
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PORT SIDES
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Article134 1985-01-24 17 Reuter FIVE conferences and agreements covering the shipping of freight between Japan and other places in Asia and the South Pacific announced reductions in their currency adjustment factors (CAFs), all effective Feb 1. The Japan/Hongkong and Japan/Straits Freight Agreements said they will reduce their CAF to 12.5Reuter - 134 words
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Article91 1985-01-24 17 Reuter THE INDIA-Pakis tan-Bangladesh-Continent Conference (IPBC) proposes to raise freight rates shortly, IPBC chairman A J Butterwick said. He said the increase is needed to offset a 30 per cent rise in operational costs since the present rates were fixed in May 1980. The new rate isReuter - 91 words
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Article40 1985-01-24 17 Reuter THE 11,255-ton Panamanian bulk carrier Timor Island, which went aground in Suez roads on Sunday, has been refloated. The vessel is carrying timber and other cargo from the Far East to France, the agents said. ReuterReuter - 40 words
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Article800 1985-01-24 18 Fairplay SEABORNE trade in bananas accounts for some 40 per cent of total seaborne trade in major perishable products. As a cargo, the volume moved is large, currently in the region of seven million tonnes annually, and concentrated in a handful of major routes. Unlike other fruits,Fairplay - 800 words
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Article1903 1985-01-24 18 RATES for grain chartering have generally held steady in rather quiet fixing on the freight market on Tuesday while further bookings emerged to carry fertilisers to India, shipbrokers said. Grain from the US Gulf to the continent received US$B.9O against 18.75 previously while a steady |8.50 was agreed1,903 words
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Article1450 1985-01-24 18 ANGOLA Luanda Jan 15. 8 days. 11 vessels berthed, 8 waiting. Lobito No waiting time, 4 vessels berthed. ARGENTINA Buenos Aires Jan 15. 2 days. No grain vessels waiting, but 1 vessel waiting for an open quay berth. Necochea 4-5 days, all berths occupied. 2 vessels waiting for1,450 words
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220 1985-01-24 19 SEVERAL groups of seamen on the Cunard passenger ship QE2 have accepted a two-year pay freeze in return for a large increase in leave periods. The two-year agreement between Cunard and the National Union of Seamen is a significant departure from normal bargaining. It220 words
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361 1985-01-24 19 A NEW Spanish shipowner has ordered the first two cruise ships in a nine-ves-sel programme which could be worth a massive US$5OO million over the next seven years. Chairman of Royal Columbus Line, Mr Julian Ferretti, said in Madrid recently that contracts worth361 words
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144 1985-01-24 19 THAILAND plans to set up a freight booking centre to boost the country's shipping industry. The Mercantile Marine Promotion Commission will be responsible for its formation, commission secretary-general Kamol Sondhikastrin told a meeting of domestic shipowners recently. The centre will provide information for144 words
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Article190 1985-01-24 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. Australia /Straits Container190 words
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Article516 1985-01-24 20 Jan 19-27 International Boat Show, Dusseldorf. Jut 22 The commercial sailing ship, North-West Branch Nautical Polytechnic, Byrom Street, Liverpool. Jan 23 Satellite Navigation land use, Royal Institute of Navigation meeting, 1600 hrs, RAF Club, 128 Piccadilly, London EC3. Jan 28 Underwater hull surface painting strategy a shipowner's conclusions,516 words
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6323 1985-01-24 24 3®aBS)(!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 of6,323 words
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Article667 1985-01-24 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrivnl for LCL movement Location Ship Voy date/time Operator cargo schedule Tanah Air E Going Chung Lie Nik Ananiev B Butang L Athula Kansai Pioneer Or Importer Prasetia Uni Modest E Pioneer P Van Buren Uni667 words
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Article1807 1985-01-24 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (Si Afro-Earasla Line Transgroup t Si. Ahrenklel liner Service Kim Shpg (Si Alfred C Toe pier Oceanus Shipping Agencies (Si Mariniex Enterprise (PK). Alpac Intrasea <S> Bintang Shpg (KL) Island1,807 words
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Article413 1985-01-24 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Baroness Gold Mountain Straits Pride Auby Fukuzakl Mam Kota Berkat Lin Petaling II LinalOl Prof Safer Prosperity Silver Star Straits Star Tomoe 6 5 29/30 20E 20E 19 13/4 27/8 15/6 31/2 5 20W 21 15/6 Sunshlp413 words
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Page 17 Advertisements
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Advertisement579 1985-01-24 17 I HEUN6-A SHIPPING \PJ Korea Fb|Vsls Regular Liner Semi-Container Service To: P. Kebnc/Penant/Banfkok/Kedunf/ Busan/Inchon Fm: Buun/Moji/H. Konf S pore A|tnt: Neptune Aftncies Pte Ltd Td: *****77 PJ(. *****4, PN *****5 K.L. *****0 GMKDS SEABORNE trad* in bananas accounts for soma 40 par cant of total saaborna trade in major perishable579 words
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Advertisement186 1985-01-24 17 UNITED ARAB SHIPPING CO (SAG) UASC Terminal i SEALORD SHIPPING AGENCIES 70 Shenlon Wny 04 02C Marina House Singapore 020" Tel *****94 Tele« No BS2S4i" r CFSoHiceTPC 03 30 Tel *****31 and *****32 Terminal oflice TPC 03 29 Tel No *****90 *****93 EXPRESS FULL CONTAINER SERVICE 1 KOM .1 \IV\N186 words
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Advertisement578 1985-01-24 17 The New ENCYCLOPAED BRITANNIC A 3 unequalled in accuracy, authority and authenticity Call STP Distributors Tel: *****44/*****28 MAERSK LINE FASTEST TO USA LONG BEACH NEW YORK (MINI LANDBRIDGE) NEW YORK (ALL WATER) S'PORE BOOKINGS TERMINAL CFS KUALA LUMPUR PORT KELANG PENANG JOHORE BAHRU *****66/*****11 *****97/*****63 *****92 *****9/*****6 *****6-8 *****1-2/*****2 *****8/9578 words
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Page 18 Advertisements
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Advertisement258 1985-01-24 18 Ml, FAR EAST/EUROPE CONTAINER SERVICE Kelaftg I Vessel 1) MsfiHesl 2) Rdam I 3) Hburglli Gburg I BUT MK B BUT AUG > BUT AUG S. BUT AUG 29/1 5/2 12/2 N HOUTMANI 19/2 Mm Accepbng fm: 1) Barcelona Genoa. 2) Amsterdam. Antwerp. I Havre Baste UK 3) Bremen Bremertiaven.258 words
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Advertisement414 1985-01-24 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Pacific South Whl Fndw at Tokyo USA/CANADA Mother VSI AMERICA M Feeder Vsl FAAMT *a Gi<*» *a MIDDLE EAST TRANS SIBERIAN SFRVSCt W FAMRY ACE a«T ACt Pan Asia Line, ltd. lesseesVets«t V FAMLT ACt SM a»« AQ »/i MAMA VI MS ACt IS/2 lUit acceptoig414 words
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Page 19 Advertisements
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Advertisement1098 1985-01-24 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd OCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINf NT OSAKA BAT FIAWFWT EXPRESS KOMOON BAY HAMBURG EXPRESS KASUW MAM 10*10 EXPRESS CARDIGAN BAT OSAKA BAT LIVERPOOL BAT TOKYO BAT 18/2 24/2 04/3 13/3 25/3 01/4 M/ 4 17/4 24/4 81/51,098 words
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Advertisement403 1985-01-24 19 Franco Bolymn Services tit I i* At ill IMF MB! H Of Al F CONSOR HUM Ha KWf WMM UMwt PJMMS J** CXVALEIt MS 31 tac 11m J i",! 5 ,Sl MFTUK ami* 1 ta« 5Mi 7l M Wfmua Ita 12 tap 14 \m 15 17 1M J{* snaiSMMD KOKAN403 words
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Page 20 Advertisements
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Advertisement500 1985-01-24 20 ULLY CONTAINE RISE D SERVICE TO EUR Oft VIA SUIZ "1 c< the »ce Comoro Sp mt P.K«ta«| J Ltltaw* rdam Fstawe Hl>«| Antwwp HONGKONG CONTAfCIt 43W CHEVALER PAUL 43W CHEVALER RQZE 42W NEPTUNE CRYSTAL 21* MAETERLMCX 5* ALSO LOAOMG FOR BREMERHAVIN 22/2 24/2 27/2 2/3 28/2 4/3 12/3 14/3500 words
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Advertisement276 1985-01-24 20 INDIA/BANGLADESH Chrttagong/ Calcutta Chitt a gong/Calcutta i" THONG SOON AGENCIES PTE. LTD. 32 09-07 ROBIN A HOUSE S PORE 0106 TEL *****88 TELEX RS ***** BOOKING *****56 (DIRECT LINE) SINGAPORE TO PENAN6 DESTWmON Penang Penang KM SOON LI.. SINGAPORE TO KUCHING •EQUATOR i... EQUATOR 1V... nrrnm TTTn •EQUATOR V In276 words
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Advertisement479 1985-01-24 20 TO CONTINENT/UK On carriage to Scamfinavia. Med, Carribean iS. America Inland h*Ja|e to Wand destinations in Eirope TO EUROPE/MED S port PKeiang Penang leiioej Bibao Gnu tfburg Adam Bha»tn Antwerp KTQI |.S 14/2 13/2 0/3 10/3 16/3 21/3 10/3 24/3 TO USA CANADA Kowtoon Bar Kowtow Bar Man* Mara Man479 words
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Advertisement1246 1985-01-24 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CAR'B/USEC/EURO/W MEDTFE)^ w W( ISC lit W 0» TTO KSN CHS NYC Ml HK a* MM MM LHV *C MP EVER GOMG 25/1 25/1 31/1 1/2 </2 6/2 7/2 H/2 2/1 4/3 0/3 17/1 It/1 20/3 21/3 21/1 27/1 15/4 EVE*1,246 words
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Page 21 Advertisements
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Advertisement840 1985-01-24 21 VESSEL HOT A ME QAH KOTA TIMUR KOTA WIRAWAN KOTA SINOA KOTA PUSAKA KOTA WANGSA V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel *****33 EAST AFRICA/REDSEA SERVICES VOYAGE HONGK £•549 29-30/1 E-947 30-31/1 E-549 1-2/2 E-SSI 20-21/2 E-553 20-27/2 E-555 0-7/3 HONGKONG SINGAPORE LOADING FOR:840 words
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Advertisement793 1985-01-24 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE EUROPE fltOM Elton HAM' B'HAVEN R DAM HAVRE UK Hai*lurt liprcu SaM SjM SiM SiM SiM *ok toon Bit M SaM SaM S*d SaM Mm Hn SaM SaM SaM SaM SaM Hantof Eiprm SaM SaM SiM SaM SaM Rtm Mara SaM SaM793 words
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Advertisement504 1985-01-24 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF EAST BOUND (DISCHARGING MB LOADING) NEST BOUND Spare f Retain R dam/IT dam Tfewy/L*i MT**i B'men Antwerp SONBAJ V7NB hPI M/l 20/2 8/2 24/2 2S/2 (2nd CM) m»3ot Spare Bremen dam Hambwt Antwerp WW am 7/2 J/3 1/3 11/1 12/3 NE ARE ACCEPTING BOTH CONTAIOS.504 words
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Advertisement291 1985-01-24 21 BOUSTEAD SHIPPING AGENCIES SPOKE R'DAM HULL HMBG FORTHBANK Soiled 18 Feb 25 Feb 21 Feb MEADOWBANK 24 Feb 22 Mor 30 Mor 25 Mor AH TUNDiI MERCHANT MARINE bulk timber and plywooo service USA SERVICE PACfIC/GULF/ATLANTIC PORTS S pore Indonesia Tg. Mam Ldg lor KTUMMUNO 3 W Sated MMS IMRSmi291 words
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Page 22 Advertisements
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Advertisement1124 1985-01-24 22 K LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE guayaguualiao arica kjuque afagasta samtoho Valparaiso FEEDER VSI MOTKR «l SKW fKIG MG SPORE KM* KANSAI PIONEER *42 ANTOfAGASTA 24 lan 26 lan 2» Jan 30 lan 12 Feb VS7I7 CENTRAL AMERICA/CARIBBEAN SEA A cawico ri quetzalacajutia sioaEwocoßtno nximrsm ri wa FEEDER VSI1,124 words
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Advertisement660 1985-01-24 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading toe lOS ANGIUS SAN FRANCISCO SEATTLE. TACOMA VANCOUVER BC Auepting FCL FCI Containers P Helang Sintjapoi* I Angles BHAVABHUTI" 24 Feb 27/21 Feb 28 Mar AUSTRALIA EXPRESS CONTAINER SERVICE A. i -pt.n, FCL FCI Cnntjtners IAFiIHDA: lAVDAS ItSHVA KAUMUDI lAMDAN ?8 ?9660 words
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Advertisement587 1985-01-24 22 SANKO ASIA FROM JAPANESE POUTS ANO HONGKONG 1 FUKUZAKI MMU 2. MO COLORADO 3 REGENT RANGER 4. RAM TMOR 5 EDO HARD S REGENT RUTH 7 GOTONG ROYONG Saigapore Gdnl9/26 Jan 26 28 lan 29/31 l»n 30/1 Feb 2/4 Feb 6/1 Feb 9/11 Feb P Ketant 27/2S Jan 29/30 ton587 words
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Advertisement528 1985-01-24 22 t INTRASEA (PTE) LTD. 10 Anson Road n27 16 International 1 P a/a Singapore 0207 Tel *****11 iIOL-nesl o BREAKBULK SERVICE TO EUROPE/UK S port P. KetanfLoaA* tarKARM VATS *****17 25/1 SETE/ROTT/ANT/UJI. (AWN) SMtOt N 06*4918 3/2 10/2 lOTT/AMT/UX (AVON) Fd SEAWOOD SHIPPING CORPORATION Spore NORTHERN VALLEY 26/1 Jcddah/MmiaicMe i:528 words
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Page 23 Advertisements
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Advertisement770 1985-01-24 23 FAR EVST/EUROPt FULLY CONTAINERISED SERVICE iMt *Cf Cem»«i>M« TO EUROfE/UK (VIA SUEZ): HK CONTNMt 43W C PAUL 43* C ROZE 42* N CRYSTAL 2IW MAETERLMCX 5W SSBMDGE49W FROM EUROPE (VIA SUEZ) Havre CRO2E4IL Sailed N CRYSTAL 271. Sailed SSBMME4K.. K IACEJ* 271... TWBMKE23E. IAINtK i pore uosing limey rw. v,«igu770 words
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Advertisement576 1985-01-24 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO F. KELANG. PENANG, BUSAN, INCHON Vntd Spoif P* PIN BM KEE MCHON BUSAN No 7 Datum SO IN 21/1 1/2 13/2 No 1 Donam WIN 7/2 12/2 73/1 No 9 Down WIN 17/2 22/2 4/3 No Down WIN 25/2 2/3 13/3576 words
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Advertisement609 1985-01-24 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUKJNNG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SMGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KELANG POKING M/S SHARK AT NAH SOON SON. M. IST ANO 2ND FLOOR. MESSRS Ml THONG SMPfWG 23609 words
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Advertisement96 1985-01-24 23 DURBAN JOHANNESBURG. MAPUTO MAURITIUS A REUNION WESTBOUND SIN LOUIS DURBAN BEIRA SARNIA IW/85 2/2/85 19 285 24.2.85 EASTERN HARMONY 18/2/85 28/2/85 5/3 (Contrs Only) 2W/85 also accepting cargo tor Malawi Zimbabwe f nnsnsßiiinsß etd ETO ETA Tr«l k R BAY [XJRBAN SIN BARON STAR 15 185 24 185 10 2.8596 words
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Page 24 Advertisements
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Advertisement661 1985-01-24 24 ItcjiiiHial Container Lines I 3 Sailings Weekly Reliable Regular Punctual Berthing P.S.A. Mon, Wed Sat S HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER ULTRA HEAVY' LIFT CARKIKR S'pwe 29/30 Jw Loading for PL Louis. Reunion, Tamatave, Durban, Mombassa. Daressalam INI VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAIfffR SERVICE 10 EUROPE661 words
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Advertisement53 1985-01-24 24 FARGO SHIPPING COMPANY (PTE) i TO r r T EXPRESS CONTAINER SERVICE S SINGAPORE BANGKOK 3 SAILINGS WEEKLY kceptinf bottFCt and LCI: LCI Car(Mt packed at private CFS Man-rri 9am SJl^m Saturday 9am 12.31pm ncL Sui I Pub Ms. 7B Keppel Road 17 07 Taniong Pagar Complei Singapore 0208 Tpi53 words
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Page 24 Miscellaneous
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Miscellaneous167 1985-01-24 24 m aa V. 4k f J5 nm a V a iil£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. •c O w Wmd direction with speed in knots Wove height LEGEND: R Thunderstorm Temperature c X\ J Weather Wmd direction with speed m knots Ro,n Wove height Cloudy167 words
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Page 25 Advertisements
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Advertisement69 1985-01-24 25 JUNO BHO SHIPPING TEL *****33 (MAIN) PTE LTD TLX: IS ***** TIMBER/BREAKBULK SERVICE RANGOON STORE BKK LOAWNG FOR MELON ¥34 taPort 24/1-26/1 21/1-1/2 HK/JPN RANGE JUNO A 7/2 17/2 22/2 HK/JPN RANGE MO B 3/3 14/3 11/3 HK/JPN RANGE CALL OTHER PORTS SUBJECT TO INDUCEMENT OFFICE: MANHATTAN HOUSE 151, CHIN69 words
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Advertisement94 1985-01-24 25 WORLD 3™ LINE EXPRESS REGULAR SERVICE JAPAN/HOhGKONG/STRAITS VISSUS RUMANIAN rex nrancM wnus IME HOUN SPOHf lan 31/Feto 2 Fck 5/7 Ftk 12/14 F* 19/21 M NSC vrutfc btrtti S«fap or» it PfW GDN 303 CS 7 SntmoK Cm Ag?m MPfON HTKSS (S) ftf LTD World Trade Centre 1 Marrtnw Square94 words
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Advertisement261 1985-01-24 25 Scan Dutch V To Europe (Med/UK/NC/Scan) FEEDER PENANG B Butane Sid B Butane 30/1 B Butane 6/2 B Butane 13/2 B Butane 20/2 B Butane 27/2 P. KELANG B Butane 26/1 B Butane 2/2 B Butane 9/2 B Butane 16/2 B Butane 24/2 B Butane 3/3 MOTHER VESSEL N De|tma261 words
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Page 26 Advertisements
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Advertisement339 1985-01-24 26 ftrTk) pert ptepiik) fff Tf W Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA MARU CONTINENTAL PARTNER NEDLLOYD MOJI APOLLO PEAK 29 Jan Port Louis. Reunion 5 Feb Mombasa, Daressalaam. Be*a. Nacala. Tamatave 22 Feb Mombasa. Daressalaam 25 Feb Port Louis, Reunion WW UW I HIMALAYA MARU '11 Feb NEDLLOYD MANILA339 words
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