The Business Times, 19 February 1985
1985-02-19
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The Business Times
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Title Section12 1985-02-19 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, FEBRUARY 19, 1185 60 CENTS12 words
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437 1985-02-19 1 LEE HAN SHIH - Affected staff to be told after Chinese New Year By LEE HAN SHIH A POST-Chinese New Year shock lies in store for hundreds of employees of General Electric (USA) companies in Singapore. Without an unexpected change of policy in the next few days, they437 words
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Article444 1985-02-19 1 JEFFREY TSANG - By JEFFREY TSANG CAR BUYERS, wary of possible increases in registration fees and road tax at the next budget, are asking dealers for the option to cancel a purchase if increases are announced. The options will protect buyers from increases in prices for cars delivered after444 words
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192 1985-02-19 1 AP THE TAIWANESE government, alleging illegal loans, took over one of Taiwan's largest savings and loan institutions yesterday after a run by depositors that officials described as Taiwan's worst financial crisis. Vice-Finance Minister Lee Hong-Au said the governmentrun Cooperative Bank of TaiwanAP - 192 words
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Article122 1985-02-19 1 THE BULLS and bears on the Singapore stock market will take a four-day breather today to usher in the Year of the Ox. The Singapore rubber market will also be closed during the same period, while no trading will be done at the Singapore International Monetary Exchange on122 words
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Article97 1985-02-19 1 TOMORROW marks the start of the Year of the Ox. On Page 9 today, the president of China Society, Tan Sri Lee Siow Mong, checks the Tong Shu (the Chinese almanac) for you and finds out that the hangovers of the present Rat Year may97 words
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232 1985-02-19 1 A WARNING that non-unionised workers would suffer during retrenchment exercises came too late for 23 workers from a Japanese battery manufacturing company in Singapore. Yuasa Battery Co yesterday retrenched 23 of its staff of more than 50 workers, none of whom were union232 words
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Article, Illustration89 1985-02-19 1 INVESTORS' Merest wm towa by Ike stellar perfermaaee ef Keataeky Fried Chleksa late the Magansre stack market which eliißl firmer yesterday. lie eeaater tapped the day's mest active Ust as well as the Up galaers Ust, aiahlag It a mest thrllllag way ta ead the last seeslea sf89 words
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389 1985-02-19 1 FOO CHOY PENG - By FOO CHOY PENG WORK PERMIT holders committed a total of 660 seizable offences last year, up 21 per cent from 1983's 546 cases, figures from Labour Ministry show. A ministry spokeswoman said these offenders had their work permits revoked, and, after389 words
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Article208 1985-02-19 1 BT letter the banks reply A WARNING that bad judgements or hasty actions by banks could cause chain reactions which have an adverse effect on the entire economy has been sounded by the Association of Banks in Singapore. In a letter to the Editor of BT, the association has urged208 words
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379 1985-02-19 1 CHEN QING SHUN - By CHEN QING SHUN THE Stock Exchange of Singapore has questioned Kentucky Fried Chicken (S) Ltd about the sudden rise in its share price on an exceptionally heavy volume yesterday. The. stock closed at $3.44, gaining 88 cents from Friday's close. It was yesterday's top379 words
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Page 1 Advertisements
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Advertisement49 1985-02-19 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM We have the Model to suit your office furniture a V I 1\ Ji u PTE. IXO. Head Office: 1 Toa ftjyoh Industrial Ftarfc *01-1387 Singapore 1231. 1*1: *****42 (4 lines) Showroom: 1 Maritime Square *02-68/9. World Trade Centre Singapore 0409. Tel: *****46*749 words
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Advertisement262 1985-02-19 1 Leader, Page 8 rasa JARDINE MATHESON will spend at least $3.6 million dotting the island with 7Eleven convenience stores. It aims to open one store a month and hopes to have another 12 stores by yearend. Page 2 CHINESE Communist Forty secretory-general Hu Ya obong has said that the traditional262 words
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Advertisement25 1985-02-19 1 ,:>(:";+^]?',${;$~_[]<$']+:?[;$ "What's the best way to U.K.? tt Via Schiphol. 11 enjoy the change." n jfc o-i** M w* The Reliable Airline KLIVI Royal Dutch Airlines25 words
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Advertisement14 1985-02-19 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Full text of the letter on Page 814 words
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HOME NEWS
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445 1985-02-19 2 CHUANG PECK MING - By CHUANG PECK MING JARDINE MATHESON will spend at least $3.6 million dotting the island with 7-Eleven convenience stores this year. The company, according to its 7-Eleven division's marketing manager, Cesar D Balota, will have another 12 stores by year-end. "We expect to445 words
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Article, Illustration176 1985-02-19 2 LOCAL company, Multi Trend Trading, has imported a consignment of Taiwanese-made portable telephones to test the market here. Called the Sales-60 Carry Phone, it has several features that promise to fulfil the needs of business executives who have to make numerous calls when out on field176 words
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279 1985-02-19 2 FROM JUNE, "The Singapore Experience", a 35-minute slideshow, will be screened at its new home Changi Airport. The show, which is on Singapore's past and present, will be shown to transit passengers free of charge at a new theatrette to be built279 words
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133 1985-02-19 2 SEMBAWANG Engineering ,a subsidiary of the Sembawang group of companies, has installed a computer system to upgrade its design and drafting capabilities. The system, installed last month, was bought from Computervision, which specialises in CAD/CAM systems. It can perform high-speed graphic processing133 words
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73 1985-02-19 2 THE Istana grounds will be opened to the public on Thursday from Bam to 6.30pm on the occasion of Chinese New Year. The public is reminded to help keep the grounds free of litter, especially cigarette and film paper wrappings. Parents should make73 words
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418 1985-02-19 2 GRACE YU - By GRACE YU SINGAPORE'S investments in Bangladesh amounted to $6.4 million in a six-year period up to 1964, according to figures given by the Bangladesh High Commission here. This will increase by at least $1.3 million in the next two years as companies418 words
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371 1985-02-19 2 SHAHRIR ARIFF - By SHAHRIR ARIFF A MAJOR American computer support systems company may set up a manufacturing plant in Asia, with Singapore a strong contender as the location. Mr Larry L Liebert, president and chief operating officer of Liebert Corporation, said his371 words
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328 1985-02-19 2 ANYTHING that can go wrong in a crisis will, and companies need a "crisis system" to deal with the media. Crisis management, or how to tell the truth for the company's good, is now the fastest growing sector of public relations worldwide. "Many328 words
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128 1985-02-19 2 THE GALA opening of the yearold Singapore Petrochemical Complex on Pulau Ayer Merbau will be held on March 9. Or Tony Tan Keng Yam, Minister for Finance, Education and Health, will unveil the commemorative plaque. Five separate companies belong to the $2 billion complex128 words
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122 1985-02-19 2 THE MTTJT for Children Advisory Council (MCAC) is again looking (or sponsors for its adoption scheme to provide free milk for undernourished and underprivileged children. Last year, 1,002 pre-primary and primary students wer« adopted by individuals and private organisations at a cost of $60122 words
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64 1985-02-19 2 SINGAPORE AIRLINES is recruiting another 15 to 20 flight captains in anticipation of services to six new destinations Beijing, Shanghai, Vienna, Karachi, Malta and Mauritius. SIA, which now has 215 flight captains, has advertised in several countries for the new recruits. An SIA spokesman said64 words
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433 1985-02-19 2 THE HIGH COURT heard yesterday that a housewife and her two children were stabbed to death a few days after her subtenant was told to vacate following a row over rent payment. Presenting his case against 34-year-old subtenant Michael Tan433 words
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Page 2 Advertisements
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Advertisement184 1985-02-19 2 tMr%M fc I 1 Tasteful interiors and cosy ambience. Spacious bedroom with warm colour scheme. r§r i lUH T jang Court Regency offers you a carefree, comfortable style of service apartments. Ideally located on River Valley Road, opposite the picturesque Fort Canning Park and next to the tranquil Singapore River,184 words
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OVERSEAS
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435 1985-02-19 3 Reuter "TERRORISM" is a potent word in the arsenal of diplomatic rhetoric and a regular refrain in news reports, but its meaning is a source of dispute and confusion. i Western academic experts are concerned that the notion of terrorism is being distorted byReuter - 435 words
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Article, Illustration379 1985-02-19 3 AP SURGEONS removed Murray Haydon's diseased heart on Sunday and gave him the world's third permanent artificial heart, amid hopes the 58-year-old retired carworker will become the first recipient to make a full recovery. "The heart is working perfectly... His vitalAP - 379 words
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ECO-NOTES
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Article52 1985-02-19 3 STATE-OWNED China Steel Corp increased production to 3.41 million tonnes in 1984 from 2.7 million in 1983, but exports fell to 853,000 tonnes from 900,000. A company official said output this year was likely to fall 5 per cent from last year due to the relining of a52 words
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Article44 1985-02-19 3 THE public is reminded that the import of batik sarongs without a licence from Malaysia's Trade and Industry Ministry is prohibited. A statement from the ministry yesterday said this was because batik sarongs had been subjected to import restriction since March 18,1982.44 words
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Article59 1985-02-19 3 NORTH KOREA achieved an average 12.2 per cent anmml growth rate in gross industrial output during the seven years ended 1984. The Central Statistical Board said production targets for coal, cement, chemical fertilisers and textiles were exceeded during the country's second seven year economic plan. National income59 words
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Article72 1985-02-19 3 PRESIDENT Ronald Reagan soon will tell Japan he opposes extending quotas on Japanese car imports to the US. The Detroit News said in an unsourced report that Reagan's action will signal to Japan that it can end its four-year-old voluntary restraint agreement on car sales in the US72 words
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Article61 1985-02-19 3 HINDOSTAN Motors Ltd of India will assemble 10,000 Isuzu Motors Ltd cars annually from next September following a technical agreement signed in November 1963, an Isuzu spokesman said. Hindostan hopes to raise the rate to 50,000 cars a year as soon as possible. It will also produce 3,00061 words
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Article44 1985-02-19 3 KUWAITI ministers yesterday approved measures to help revive the economy, including steps to strengthen financial markets. Cabinet Secretary Abdul Aziz Al-Oteibi said the measures were part of a package proposed last week by an advisory committee of government and private sector experts.44 words
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Article51 1985-02-19 3 THE US State Depart- ment declined to comment on a Washington Post repent that US$l94 million in aid payments to Sudan were suspended because of the economic and political situation there. But a department spokesman made clear that food aid for famine victims in Sudan had not been51 words
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Article53 1985-02-19 3 HONGKONG'S toy exports rose 30 per cent to US$l.47 billion last year, making the British colony the world's leading toy exporter ahead of Taiwan, Japan and the US. The colony's toy exports, of which plastic toys without motors account for more than 50 per cent, totalled $1.1353 words
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Article83 1985-02-19 3 Agencies MORE expensive car loans have offset lower petrol prices and better fuel efficiency to boost the cost of driving a typical new American compact car to U554,567 per year. Hertz Corp, in its 1984 new car. ownership and operating costs study, said the review was based onAgencies - 83 words
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154 1985-02-19 3 AP THE Soviet news agency, Tass, has said that the Foreign Minister, Mr Andrei A. Gromyko, will visit Italy later this month, a possible sign that Kremlin leaders do not fear an imminent crisis related to President Konstantin U. Chernenko's health. Tass saidAP - 154 words
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439 1985-02-19 3 Non-ratification of Salt II treaty with Russia AP PRESIDENT Ronald Reagan, in a "backroom deal", informed the Soviet Union in September 1981 he would not seek ratification of the Salt n treaty, Jack Anderson reported in his Sunday column. As a result, Anderson says, theAP - 439 words
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Article, Illustration445 1985-02-19 4 AFP CHINESE Communist Party secretary-general Hu Yaobang has said that the traditional friendship between China and Vietnam can be rebuilt if Hanoi withdraws its forces from Cambodia, the Xinhua news agency reported yesterday. Mr Hu, speaking while visiting front-line forces border in YunnanAFP - 445 words
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129 1985-02-19 4 Reuter PRINCE Norodom Sihanouk, leader of Cambodia's anti-Viet-namese resistance movement, is to visit Australia and New Zealand during the weekend for hastily-arranged talks cm the six-year-old Indochina conflict. Foreign Ministry officials said in Sydney yesterday the visit would be his first to the twoReuter - 129 words
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108 1985-02-19 4 UPI A HIGH-RANKING Vietnamese official has called for closer relations with Indonesia in view of the "more favourable" political climate in South-east Asia. Pham Binh, director of the Hanoi-based Vietnam Institute of International Relations, said yesterday "auspicious developments" in recent days hadUPI - 108 words
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WORLD IN BRIEF
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Article50 1985-02-19 4 ITALIAN police have uncovered what appears to be a plan by West German terrorists to assassinate Prime Minister Bettino Craxi. A file on Craxi was discovered in a hideout used by West German terrorists, Craxi said during a speech to a Socialist Party conference in Milan on Sunday.50 words
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Article52 1985-02-19 4 A SOUTHWEST Chinese cave where humans are believed to have dwelled 30,000 years ago has been converted into a museum. The 7,500 square-metre White Lotus cave in Liuzhou City, Guangxi autonomous region, has a large exhibition hall with 200 pieces of ancient objects' including human bones, bone needles52 words
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Article72 1985-02-19 4 LEADERS of Britain's coal miners have summoned an urgent national conference after the latest bid to settle their 11- month-old strike collapsed. A week-long attempt by Britain's labour movement to get the two sides together failed on Sunday when the state-run National Coal Board refused to negotiate on72 words
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Article54 1985-02-19 4 INDIAN police arrested 8,677 people for blackmarketeeiing last year and seized commodities worth 97.25 million rupees. Police carried out 258,230 raids during the year under a law that regulates the production and distribution of 67 essential commodities. A total of 4,854 people were prosecuted and 1,072 convicted under54 words
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Article107 1985-02-19 4 ISRAEL says one soldier was killed and three others were wounded in a guerilla attack in southern Lebanon less than 24 hours after its troops completed the first part of a three-stage withdrawal from the region. The attack on Sunday came amid reports the Israeli cabinet would soon107 words
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Article93 1985-02-19 4 A NEW study by the Census Bureau says that 15 per cent of all Americans, 35 million people, lack any kind of health insurance. The study, based on 1983 data, says 75 per cent of the population has private health insurance and 10 per cent is covered by government93 words
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Article65 1985-02-19 4 MISSOURI legislator Fred Williams is offended by people who blow their noses in restaurants, and so he has written a bill that would make that rather indelicate act a crime. "If we can create laws that require people to wear seatbelts and helmets in the name of public safety,65 words
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Article35 1985-02-19 4 Agencies JAPAN'S videocassette recorder production rose 48.9 per cent to a record 27.12 million last year. Exports, buoyed by sales in the US, rose 44.8 per cent to a record 22.07 million. AgenciesAgencies - 35 words
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248 1985-02-19 4 AP VIETNAMESE and Thai gunners exchanged fire across the Thai-Cambodian border yesterday following a Vietnamese attempt to seize a hilltop inside Thailand and shelling that killed five Thai villagers. A senior Thai military officer, who asked not to be identified, said fighting around O-bok beganAP - 248 words
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315 1985-02-19 4 AP BRITISH Prime Minister Margaret Thatcher makes a brief visit to Washington this week and will address Congress, the first British leader to do so since Winston Churchill in 1952. Mr Churchill is probably the only foreign leader to speak to a jointAP - 315 words
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227 1985-02-19 4 AP BRITISH Prime Minister Margaret Thatcher has said that "communism is going to stay in the Soviet Union and its satellites for the long time", and that the Kremlin "will be very slow to embark on another major war". In an interview withAP - 227 words
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Article233 1985-02-19 4 PRIME Minister Margaret Thatcher says she bitterly regrets seeing the media poke fun at her husband Denis, because "he has been absolutely marvelous". Interviewed on CBS Television on Sunday before flying to Washington for an official visit, Mrs Thatcher was asked how she felt about233 words
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241 1985-02-19 4 UPI SOUTH KOREAN President Chun Doo Hwan has appointed his top intelligence aide as Prime Minister in a sweeping post-election government shakeup that also affected 12 other cabinet ministers. Loh Shin-yong, 55, director of the Agency for National Security Planning, the Korean version ofUPI - 241 words
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Article616 1985-02-19 4 ARRIVALS Operator Sarvic* Local From number time SIA SQ1 1330 SFO/HNL/HKG SIA SQ6I 1335 BKK SIA SQ15 1335 LAX/HNL/TPE THAI TG405 1345 BKK/HKT GtA GA962 1400 HLP THAI TG4I3 1410 BKK SIA SQ455 1410 BWN SIA SQI07 1420 KUL KLM KL831 1420 AMS/KW1 LUFT LH694 1450 FRA/BOM616 words
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Article, Illustration339 1985-02-19 4 Reuter NEW ZEALAND Prime Minister David Lange said he would not hold a referendum to test domestic support for his government's ban on port calls by warships capable of carrying nuclear weapons. Mr Lange told a press conference he had a clearReuter - 339 words
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168 1985-02-19 4 UPI A REPORT that soldiers accused of murdering opposition leader Benigno Aquino were seen handling guns and travelling freely was "absolutely untrue", Philippine Air Force Chief, Major General Vicente Piccio, told a Manila court yesterday. A Feb 9 dispatch by the AssociatedUPI - 168 words
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Page 3 Advertisements
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Advertisement314 1985-02-19 3 $4,880 taken a big bite off the price! y V m y. 1 Ml jt > **> -'W A I "iiy The Epson QX-10(G) and QX-PC Board (192K8) now at amazing $4880. Take the hassles and time consuming paperwork out of your business with the Epson QX-10 personal computer. The314 words
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Page 4 Advertisements
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Advertisement141 1985-02-19 4 rr*-. Ste'-S' fk\nh♦: »V>Jk V *7' -JTi T -V 9 m vV 1 '/X jf i K J I i Memories S' A Imis board iißctmc must he runmnt; l.iti I'm he asked nx- to i.flX' bv tinself id t.tsc he was ik-ljvi.il 11k musk .iiul atmosphere brinps back memories141 words
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Advertisement10 1985-02-19 4 l¥W AM More Seat room. More Lee room. More Space.10 words
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WORLD BACKGROUND
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632 1985-02-19 5 NYT THE ESPIONAGE RING that purportedly sold secrets to foreign countries is being widely depicted in India as only part of a larger problem of corruption in the government. "It's a vast problem," said US Bajpai, a former diplomat who is now director ofNYT - 632 words
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Article, Illustration1166 1985-02-19 5 TERESA LIM - Strained relations lead to John Marden selling his shares Last week saw Sir YK Pao and Tan Sri Khoo waging a battle for the control of Wheelock Warden. Our Hongkong Correspondent TERESA LIM reports on another battle that lies behind this battle,1,166 words
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Article, Illustration739 1985-02-19 5 NYT FOR FOUR YEARS, Japanese car makers have denounced United States import restraints on their cars. But in spite of their restiveness under the quotas, manufacturers would face a number of delicate political and economic decisions should the restraints end asNYT - 739 words
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Page 5 Advertisements
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Advertisement97 1985-02-19 5 The Polo by Piaget. Hand-crafted in 18K solid gold and water resistant to 30 metres. LA COTE- AUX-FEES ET GENEVE Chez les plus grands joaiHim du mondr Showrooatt and Scnrict Centra: NC #01-10, Scons, Scott* Road, Sinppcxr 0*22. Td: 2JM*»I tUUym* G4-J, Plan Yo» Oman. Jalan fcfc H— t K**g:97 words
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Page 5 Miscellaneous
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Miscellaneous42 1985-02-19 5 Doonesbury m AO. IPOMTUWrTO BE TREATEPANY PIFFERE^TV/THAN THE REST OF THE MEN. IS THAT IT FOR TODAY* ;siss !liS E"KS vxm. i nmmmmiiiii BY GARRY TRUDEAU i is @1 SB fill yes, SIR. THAT'S A 7.02. UTTIS EARLY. coulpuemake itnT™"' vAwsr*mf&fk"'*-'** I**"''*"*1**"''*"*42 words
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RAW MATERIALS
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420 1985-02-19 6 Fast economic development heightens need for metal Reuter THE fast pace of China's economic development, coupled with its relatively backward minerals refining industry, is likely to mean that metal and mineral imports will continue to increase, foreign traders in China said. Metals andReuter - 420 words
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246 1985-02-19 6 China brings in largest catch of fish six million tonnes AFP '-CHINA'S fishing industry har- vested a record six million tonnes of aquatic products last year, including more than two V. million tonnes from freshwater output. >* China's fish catch ranked third in the world after Japan and the SovietAFP - 246 words
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293 1985-02-19 6 AFP ECONOMIC MINISTERS of the Association of Tin Producing Countries are expected to discuss moves to negotiate a new International Tin Agreement (ITA) at a London meeting on March 24. The Ministers were expected during the two-day talks to mapAFP - 293 words
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309 1985-02-19 6 UPI THE KREMLIN ta*. purchased 193,199 tonnes of American corn to shatter six-year-old record of Soviet pudiftaes of' American grain, the US Agrlcnltnre Department said last Thursday. <; v r; Secretary John Block said the sale poshed current Soviet purchases to an ali-ttmeUPI - 309 words
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310 1985-02-19 6 Reuter COCOA consuming and producing countries resumed talks yesterday on how to stabilise world prices, but both sides were still at odds on important issues. The conference, held under the auspices of the United Nations Conference on Trade and DevelopmentReuter - 310 words
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674 1985-02-19 6 FT *4* TEN YEARS AGO»*hej-e were only two plywood mills in Indonesia, now 95 and, according to officials, the counr try has become the world's biggest plywood exporter, accounting for more than 65 per cent of the market. The rapid expans\p&.of the industry, however, hasFT - 674 words
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Article347 1985-02-19 6 RAS prices (in S cents/kilo, FOB in bales) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 161 50 162 50N 161 50 162 50N Int 1 RSS Mor 85 166 50 167 00 166 50 167 00 Int 1 RSS Apr 85 171 50 172347 words
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Article109 1985-02-19 6 (cenn/kg, 1-ton polWts) March 85 April 85 (current mth) (forward mth) NOON NOON RAS kym Sdtors Buyers Sellers SSR20 166 50 168 SON 168 00 170 OON SSR 50 164 50 166 SON 166 00 168 OON MRELB B«r«n S«JI«n kry«n Sellers SMRCV 209 50 211 50N109 words
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119 1985-02-19 6 Reuter THAI TAPIOCA EXPORTS increased 27.2 per cent last year to 6.6 million tonnes, the Private Board of Trade said. Exports of tapioca pellets and flour rose 36.6 and 19.6 per cent last year to 6.04 million and 429,746 tonnes respectively. Tapioca chip exportsReuter - 119 words
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Article288 1985-02-19 6 SINGAPORE The market closed lower yesterday with March One RSS buyers quoted at 166.50 cents per kg, down 1.50 cents from last Friday. The morning session lost 1.50 cents in quiet trading on lack of buying interest ahead of the long Lunar New Year holidays. Prices were little changed288 words
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Article94 1985-02-19 6 THE Kuala Lam par Tin Market price held at the International Tin Agreement fleer-level price ef M$2S.l5 per kg yesterday as the buffer stock manager remained active. Tetal volume of tin delivered increased to 213 tomes from 112 tonnes last Friday and included 41 per cent to 5994 words
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Article161 1985-02-19 6 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix I6's 2,650 Blue Phoenix 20's 2,800 Blue Phoenix 32's 3,350 Blue Phoenix 40's 3,700 Carded yarn, hank Blue Phoenix 2l's 2,800 Combed yarn, cones Blue Phoenix 32's 4,450 Blue Phoenix 40's 4,600 Open-end yarn 2,550161 words
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Article1018 1985-02-19 6 COFFEE Robusta futures ended yesterday morning little changed from their lower mid-morning levels in a market lacking fresh trading incentive due to holidays in the US, Brazil and parts of Europe. After opening quietly mixed, contracts were around £11 to £1 below last Friday's close by midday, with1,018 words
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Article142 1985-02-19 6 Chinese Produce %I»£sw /25% 477 50 Exchange Ki„tm*n (SellerV noon closmg prices on Feb nn aia M ia ««/100 ko) HO FOB NSW 438 00 IB iViWJhg) E&WFOBNSW ***** Coconut oil Gombier Bulk FOB 00 fob NSW 330 00 Old drum FOB 168 00 New drum FOB 172142 words
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Article158 1985-02-19 6 Singapore Java brans (S$/kilo, «*-9<xJown) Thai white White, special quality 0.21 100% 1st class Java maize No stock (kangaroo) new crop 096 Thai maize 032 100% 2nd class 0.70 100% 3rd class 25% new crop 0.65 No stock Bangkok B-10% No stock (US$/to»»e, FOS) Thai broken 060 057 White158 words
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Article135 1985-02-19 6 MALAYSIAN crude palm oil market closed slightly higher in quiet trading yesterday with sentiment aided by last Friday's firm Chicago soybean futures. In February, south gained Mslo to $1,205 per tonne. The refined palm oil market was also quiet on lack of fresh demand. Futures closed nominally higher135 words
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BANKING AND FINANCE
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Article790 1985-02-19 7 SINGAPORE The US dollar recovered against most major currencies in moderate late trading yesterday to close firmer than New York's Friday levels. The dollar rose to a late 257.70/90 yen from an early 254.70/90 and New York's Friday 255.50/60 close. Turnover in dollar/yen was estimated at around US$BOO790 words
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Article219 1985-02-19 7 Interbank rates at 3pm yesterday. 1 1 ftmHtlAAIliail quoted yeotordoy ci «m portly change Local dollars to one unit of foreign currency US dollar Sterling pound Australian dollar NZ dollar Canadian dollar 2.2350 2.4736 1 6626 1.0225 1.6690 2 2380 ***** 1 6664 1 0245 1 6718 2.8196219 words
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Article159 1985-02-19 7 THE OVERNIGHT rate on the Singapore interbank money market rose by lVipoint from last Friday to close at 7 per cent yesterday. The one-month rate fell by -point while the twoand three-month rates fell by 7 '"b -point each. S$ interbank rates at 3pm yesterday Offer Bid Overnight159 words
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Article134 1985-02-19 7 TOKYO Futures closed eight to 16 yen up in light trading yesterday. Values fell initially on liquidation in anticipation of falling oil prices but private investor small-lQt buying was noted in distants. Later, the market rose on small-lot buying triggered by firm Hongkong bullion prices. February rose nine to134 words
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73 1985-02-19 7 Reuter THE US Senate Permanent Sub-Committee on Investigations said it is beginning an investigation of the Bank of Boston which last week pleaded guilty to failing to file federally required reports on some international cash transactions. The bank was fined US$5OO,OOO. The investigation was announcedReuter - 73 words
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Article361 1985-02-19 7 EURODOLLAR futures at Simex opened yesterday at about the same level as CME's close last Friday. The market was extremely quiet because of holiday in the US. The March contract opened at 90.72 abd closed lower at 90.70 with the slight firming of interbank rates. Support in the March361 words
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Article, Illustration283 1985-02-19 7 Asian market ASIAN dollar deposit rates closed firmer yesterday compared with last Friday's levels, in light trading. A steady US federal funds rate and lower bond prices underpinned rates. One month closed at 8 3 Bs/*,8 s up Vfr from last Friday, three months at 9-1/16 8-15/16, up 1/16 and283 words
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497 1985-02-19 7 Reuter ARGENTINA faces the prospect of having to renegotiate basic goals agreed in its International Monetary Fund austerity programme due to runaway inflation and mounting overdue obligations. Over the past two weeks an IMF team, which originally came to Buenos Aires to set goalsReuter - 497 words
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Article459 1985-02-19 7 Reuter MOVES by the West German central bank to allow foreign banks to lead manage mark Eurobond issues were sharply rebuffed by the German Bank Subcommittee last week. And the timetable for further action is now unclear, according to bond market sources. A highly placed German hankingReuter - 459 words
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Article96 1985-02-19 7 Reuter LONDON GOLD Futures Market (LGFM) members, facing loss of exemption from valueadded tax (VAT) on gold bullion, have been invited to apply for associate membership of the London Gold Market. Members of both exchanges are exempt from the 15 per cent VAT. The chairman of theReuter - 96 words
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203 1985-02-19 7 FT THE STAGE has been set for a direct tussle In the US between French and Japanese technology over cashless banking sytems following the decision last Friday by Mastercard, a US-based International credit card group, to carry out pilot tests this yearFT - 203 words
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74 1985-02-19 7 AP TAIWAN has approved an application by the Development Bank of Singapore to handle offshore hanking transactions there. The hank is the 10th banking institution granted permission to engage in such operations since an offshore hawing unit centre was set up in Taiwan lastAP - 74 words
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Page 7 Advertisements
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Advertisement21 1985-02-19 7 Extend irresistible invitations. I V 4 OX the eXtraOrdinary cognac I Spirits 100 C Pasi' Paniang Road Singapore 0511 Tel *****221 words
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LETTERS TO THE EDITOR
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Article548 1985-02-19 8 SINCE THE introduction of the additional registration fee (ARF) and other measures to deter car ownership in Singapore, there have been periodic rumours, especially in the months before the Budget, that yet another round of increases is in the offing. On some occasions, the expectations548 words
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Article, Illustration627 1985-02-19 8 Drastic action is a last resort for the vast majority, says the ABS DEAR SIR, After due deliberation, the Council of the Association of Banks in Singapore would like to comment on your open letter to bankers in Singapore and other reports on banks and business627 words
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Article417 1985-02-19 8 DEAR SIR, I refer to your open letter to bankers and wish to express my personal views as follows: While a minority of local or foreign bankers may have lost their sense of credit judgment since Hoo Thye's case, the year 1965 is probably417 words
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183 1985-02-19 8 DEAR SIR, I wish to comment on the article "Why HDB has to impose levy on resale flats" (BT, Feb 12, 1985) in the light of HDB's basic principle of subsidising owners only once but not twice. For owners who183 words
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Article, Illustration87 1985-02-19 8 Wong Heng Tew - Wong Heng Tew Company Secretary Singapore Treasury Building (Pte) Ltd DEAR SIR, I refer to your article "Treasury Building to be marketed in April" in BT of Feb IS, ISBS. Although your journalist correctly reported what I said abont the rental rate in MAS87 words
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Page 8 Advertisements
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Advertisement92 1985-02-19 8 Ms& ewe COMPLETE AND UNEXPURGATED For the first time, the private papers and diaries of Sir Shenton Thomas. Governor of Singapore, before, during and in the aftermath of the Japanese Occupation are published alongside-this balanced portrait of him. Brian Montgomery, distinguished historian, biographer and army veteran, sheds new light on92 words
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Page 8 Miscellaneous
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Miscellaneous1128 1985-02-19 8 I to sm mm HIGHLIGHTS Pre-Holiday Movie The Jazz Singer 11 pm, Channel 5 An updated* remake of the classic 1925 picture. A young fifth-genera-tion Jew realises that his real ambition is to be a singer. When he gets the chance he decides to go to Los Angeles with his1,128 words
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Miscellaneous731 1985-02-19 8 CRYPTIC PUZZLE ACROSS 3 Posses quickly on the field of ploy (5) 8 Shelter occupied by o taxi? (5) 10 Mopes around the course (5) 11 A pet some would like to bring back (3) 12 Moiro shuffling, native style (5) 13 Sat preening oneself, possibly (7) J 5 Certain731 words
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FEATURES
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Article, Illustration462 1985-02-19 9 ZHOU MEI - By ZHOU MEI THE GOLDEN OX takes over tomorrow and one would imagine that this would bring lots of golden opportunities. But dark clouds hover over the coming months. The out-going year, the first year of the present 80-year cycle, has not462 words
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Article, Illustration343 1985-02-19 9 THE OX YEAR does not augur well for Ox people that is, people born in the years 1901, 1913, 1925, 1937, 1949, 1961 and 1973. If it is any consolation to the oxen among us, there is little cheer ahead for most of the343 words
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SPORTS
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678 1985-02-19 9 WALTON MORAIS - By WALTON MORAIS HOT ON THE HEELS of a daring strategy worked out for the Singapore challenge in the Admiral's Cup world yacht competition, another bold strategy has been worked out to fund the challenge. The. challenge organisers have launched a commercial campaign678 words
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323 1985-02-19 9 UPI LAFITT PINCAY Jr became the third jockey in the history of thoroughbred racing to ride 6,000 winners when he captured the fifth race aboard Doria's Delight for his second winner on Sunday's programme at Santa Anita, in California. The 38-year-old nativeUPI - 323 words
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INTERNATIONAL COMPANY NEWS
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460 1985-02-19 10 NYT SOLID economic growth continued to bolster US corporate profits in the fourth quarter, but the rising dollar on currency markets took a toll on profits in industries that depend on exports or compete significantly with imports. Overall, after-tax earnings were probably about the sameNYT - 460 words
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80 1985-02-19 10 Reuter THE! BRUSSELS bourse will start trading "call" options on April 3. Three large Belgian companies Petrofina SA, Groupe Bruxelles Lambert SA and Societe Generate SA together with Canadian non-ferrous metals group Inco Ltd and South African gold miners Stilfontein Gold Mining Co LtdReuter - 80 words
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Article342 1985-02-19 10 NYT WHEN STOCK index futures were introduced three years ago this week, the New York Stock Exchange shrugged them off, as they had the new equities options 10 years earlier. This attitude persisted even after the even more successful index options, also based on Big BoardNYT - 342 words
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Article, Illustration292 1985-02-19 10 NYT INTERNATIONAL Business Machines Corp has fabricated a new, one-billion-bit memory chip that is almost twice as fast as the one it announced last year. It made the latest announcement last week at the International Solid State Circuit conference in New York, amid signsNYT - 292 words
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Article947 1985-02-19 10 EQUITIES opened easier yesterday reflecting Friday's lower trend on Wall Street, with operators anticipating a quiet session with US markets closed yesterday. The FTSE 100 share index at 9.45 am was down 2.9 at 1,278.6. ICI at 849 and BOC at 300 both eased 5p while BTR shaded947 words
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Page 10 Advertisements
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Advertisement431 1985-02-19 10 -WSw m |I n m m rnm^m ,Ji wk» v. v»; i >, ■■mm if% six r m f Fi 0 Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. Special business lunch at $16 -h- each and $20-H- each (min.431 words
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Advertisement166 1985-02-19 10 > Ffcng Cheng L6u Teochew v Restaurant for the best Teochew delicacies in town, i Discover our famous dian-xin, >. delicious steam-boat Teochew porridge and other mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while C you dine in Oriental splendour. Open daily from: 11.00 am 3.00166 words
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ASIAN STOCKS
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Article363 1985-02-19 11 HONGKONG: Share prices closed with pared gains yesterday as small investors squared positions ahead of the Lunar New Year holidays. A counter-bid for all Wheelock Marden shares by HK Wharf on Saturday triggered active speculative buying in shares linked to the takeover target, helping the Hang Seng Index touch363 words
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Article150 1985-02-19 11 BANGKOK: Share prices closed lower in quiet trading yesterday. The Book Club Index fell 0.46 to 125.12 and declines led advances by a three-to-two margin. Turnover rose to 1.06 million shares worth 211.3 million baht from 191,014 worth 31.2 million baht last Friday. FU It tafcts Stam Cement 521150 words
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Article335 1985-02-19 11 TOKYO: Share prices failed to extend their rally yesterday despite a strong start and a firming yen and the market average closed lower in thin trading. After touching an all-time high of 12,181.69 in early morning trading, the market average ended the day down 20.77 at 12,149.15, losing almost335 words
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Article102 1985-02-19 11 MANILA: Share prices closed little changed in quiet trading yesterday. The Oils Index eased 0.003 to 0.613 while the Mining Index was unchanged at 742.89 and the Commercial Industrial Index was unchanged at 113.97. Ftt It Morsted Onental 8 Phi Overseas Phiex B 0.0014 unch 0.01 +0 001 0.006102 words
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Article373 1985-02-19 11 SYDNEY: Share prices posted strong gains across the boards yesterday to lift the All Ordinaries Index to a record high of 790.5. The index rose 4.3 on the day to push it above its previous record of 787.9 set on Nov 16 last year. The All Industrials Index rose373 words
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Article73 1985-02-19 11 Feb 18 Bonk Seoul Won 605 5 Hyundoi Const Hyundoi Motor kal 905 584 524 -3 -4 6 598 3 665 -5 657 )7 1770 -47 470 -24 Korea Sh*> 365 -15 459 -21 Lucky Ltd 715 575 -3 785 -5 535 -15 810 Gold Star 705 1239 -4173 words
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106 1985-02-19 11 AFP A FRENCH company, CTTAlcatel, has signed a contract to set up three telephone exchanges in the southern province of Guangdong. Industry sources say the deal clinched by the company, a subsidiary of the CGE Group, is worth about US$3.9 million. The French companyAFP - 106 words
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Article46 1985-02-19 11 Reuter THORN EMI PLC is negotiating technology transfer agreements with China worth about HK$27O million. After returning from a trip to China, chairman Peter Laister says that the group plans to provide China with technology, especially in the lighting and computer fields. ReuterReuter - 46 words
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182 1985-02-19 11 AP SCHOENLING BREWING CO plans to expand its distribution of South Pacific lager beer, brewed on the island nation of Papua New Guinea. South Pacific is the 13th most popular import in the US, although it is distributed in only 11 western states. The lagerAP - 182 words
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Article124 1985-02-19 11 Reuter JAPANESE and Australian companies, including Kobe Steel, plan to extract gold from a mine forming part of the Worsley Alumina project 250 km south of Perth in Western Australia. A Kobe Steel spokesman says a promising gold vein has been found in the mine, whichReuter - 124 words
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Article101 1985-02-19 11 Reuter TRADING was generally quiet on the Bombay stock exchange in the week to Friday, with prices easing, but a mild speculative rally towards the weekend helped the Economic Times index show only a 0.8 point fall to 316.7, dealers said. They cited selling pressure,Reuter - 101 words
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148 1985-02-19 11 AP CHINA'S first joint venture with a private Canadian company opened last Saturday. Hingchong Food Processing produces Chinese pork foods for the North American market. Chinese and Canadian officials have hailed the opening as a sign of growing economic and culturalAP - 148 words
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Page 11 Advertisements
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Advertisement133 1985-02-19 11 m.WMMM 'Jl H li r m FOR FURTHER INFORMATION CALL *****11 NOW TONIGHT! PLUG INTO AN ELECTRIFYING EXPERIENCE! THE lON BAR 9 I 7i lON BAR 405 Havetock Road. Singapore 0316 Tet 733 2081 Why come to Cafe Vienna for Wiener Schnitzel when you can have it anywhere else? A133 words
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Advertisement245 1985-02-19 11 ILkJu f The authentic taste of Japan. A Japanese manager Japanese Chefs. A sushi counter, four teppanyaki griddles, a spacious a la carte restaurant and several tatami rooms. Open for lunch and dinner Set Lunch from $17 subject to 10% service charge and 3% CESS Ample free parking Century Park245 words
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Advertisement56 1985-02-19 11 fzxcehior Kta.isetie f 0 t IL 1 s Have a prosperous Lunar New Year Yu-Sheng" Buffet Lunch Dinner Feb 18 to 23 Price: $18* (adult) $14*Mchild under 12) Lunch: 11.30 am 2.30 pm Dinner: 6.30 pm 10.30 pm. (8® SxcctSor Hotel 5 Coleman Street, Singapore 0617. Tel. *****33 m £356 words
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Advertisement152 1985-02-19 11 05-03 L.at Towers. Orchard Road Tel: *****25 Open daily 12pm to Midnight Take a Lift or Drive up to Level 5 and walk right in jj\ )fx j®. /ft 2ft ift i®lJßj9i fr. INN OF HAPPINESS A must at any lunar celebration Yu|Sheng (Raw Fish) will be available in small,152 words
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Advertisement77 1985-02-19 11 Savoury Delights Await Yon At r i -01 S E Hong Kong DUn X* available daring hutch! I i For reservations call. m ORCHARD ROAD hJ restaurant u v 8* -X rServing a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel MerkJien 3rd77 words
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SHARE INFORMATION
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Article, Illustration4113 1985-02-19 12 ALL EYES were on Kentucky Fried Chicken, the star of the Singapore stock market yesterday. Dealers watched with disbelief as the counter, whose price has dropped sharply since the EGM meeting, was chased as high as $3.92 (compared to last Friday's close of $2.56)4,113 words
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Article243 1985-02-19 12 SINGAPORE Rises Indices Kantucky Sport 344 +•88 Fafc 15 Fafc 18 Moonum Corps M ionkng 328 600 14 10 IT Canpaaita BT Indicator 710.68 716.64 *****31 *****81 G—Hap CM Star* 10p 545 10 ST OS/OS -395 -276 268 10 ST Mactnah 804 14 810.90 Sin Laa 231243 words
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Article463 1985-02-19 12 THE KUALA LUMPUR stock market finished on a steadier note yesterday for the first time since early last week. Trading activity, however, was still quiet, with interest focussed on selected issues. On the whole, most issues registered slight to moderate gains. Share prices opened marginally463 words
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Article2869 1985-02-19 12 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT".2,869 words
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Page 12 Advertisements
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Advertisement6 1985-02-19 12 BusinoM don# on tho KLBE Boopogol36 words
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COMPANY NEWS
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524 1985-02-19 13 Bernama MALAYSIAN Finance Minister Daim Zainuddin yesterday announced a freeze on new issue of shares and listings with immediate effect. He said there should be no more new listings and new issue of shares until the stock market had improved and consolidated itself.Bernama - 524 words
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Article458 1985-02-19 13 IN VIEW of the difficult trading conditions in the soft drinks industry, the Yeo Hiap Seng group will consolidate and rationalise its operations in Singapore and elsewhere during the year. The chairman of YHS Ltd, Mr Yeo Thian In said restructuring is talcing place within the458 words
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Article99 1985-02-19 13 HONGKONG Hong Seng Index Monday 1427.18 Friday 1405.93* Week ago 1357.94 TOKYO Tokyo Dow Jones Monday *****.15 Saturday *****.92* Week ago Closed Australian Industrials Monday 1187.9 Friday 1181.1 Week ago 1159.3 NEW YORK Dow Jones Friday 1282.02 Thursday 1287.88 Week ago 1289.97 Standard and Poors Friday 181.60 Thursday99 words
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Article211 1985-02-19 13 pri^m MARA Bumiputrs First B'putro 5.45 5.50 Second B'putro 4.90 4.95 Thed B'putro Fourth B'putro Fifth B'putro Sixth B putro Seventh B'putro (A) 3.96 401 Singapore Unit Trust The Commerce 2.22 2.36 4.37 4 42 294 299 288 2 93 The Savings Fund 1.59 1.69 1 82 1211 words
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220 1985-02-19 13 GANDA HOLDINGS Bhd is branching out into money-lend-ing and air courier services with the acquisition of stakes in two companies. It has bought the entire issued capital of Escada Sdn Bhd, comprising 100,000 ordinary shares, for M 5137,500 cash. Escada was formed on220 words
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Article123 1985-02-19 13 TWO UNITS of the Malaysia Mining Corp Bhd have turned in a mixed set of results for the half year ended Dec 31,1964. Ayer ffltam Tta Dredging Malaysia Bhd: Group profit before tax of M 55.61 million, up 63 per cent from $3.45 million123 words
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498 1985-02-19 13 CHAN OI CHEE - By CHAN OI CHEE THE LEGAL TUSSLE between Paper Products (M) Bhd and Malaysian businessman Koo Siew Koon has taken another twist with the latest High Court's refusal to allow the company to take its case into open court for further arguments. The498 words
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479 1985-02-19 13 BRITISH-AMERICAN (Malaysia) Insurance Bhd (BAI) is moving into general insurance to complement its existing life insurance business. BAI, which went public last year, is acquiring the entire equity of Traders A Merchants Insurance Sdn Bhd (TMI), a general insurance company, for Ms2s million,479 words
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Article1964 1985-02-19 13 BHD 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. MDUSTMALS Acma (2 00S A Choc (2.845) AISB (3.905) <SM)1,964 words
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Article77 1985-02-19 13 HOTEL MALAYSIA United: 22nd AGM at the Tudor Ballroom of Goodwood Park Hotel, Scotts Road, Singapore on Feb 27 at 11.30 am. 8BI HABTAMAS Cerpenttea Berhad: 15th AGM at the United Nation Room, 2nd Floor, The Regent of Kuala Lumpur, Jalan Sultan Ismail, Kuala Lumpur on Feb 2877 words
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Article148 1985-02-19 13 DEALINGS in the shares of Ceastractton and Sappllel Hmm Bbd have been suspended at the request of the company pending the release of "cerjtain important ments". Market talk is of a one-for-two-bonus issue. I THE HONG LEONG group is deemed to hold a total of 11 million shares148 words
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Page 13 Advertisements
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Advertisement134 1985-02-19 13 PGLMQX< PETROLEOS MEXICANOS (a OiewlnlmJ Pubhc Agancy of the UnMd Mamcan Sum) U.S. $100,000,000 Floating Rate Notes Due 1968 (T Hi til ltf NoMwMar*a Ogten to IWI. IMS and 1«3) In accordance with the terms and conditions of the Notes and the provisions of the Reference Agency Agreement between Petroteos134 words
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Advertisement150 1985-02-19 13 U5530,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 27th February 1989* The Dai-Ichi Kangyo Bank Limited (Singapore Branch) In accordance with the provision of the Certificates, notice is hereby given that for the initial six month interest period from 22nd February 1985 to 22nd August 1985, the Certificate150 words
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604 1985-02-19 14 BOEY KIT YIN - By BOEY KIT YIN A NEW LINE-UP of the 15member National Wages Council has been announced. This may well be the team to discuss its own role in Singapore's future wage policy. Some of last year's mefabers are not in the604 words
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160 1985-02-19 14 SINGAPORE's Foreign Minister Mr S Dhanabalan yesterday expressed concern about the Anzus rift following New Zealand's ban on visits by US nuclear warships. Speaking at Changi Airport yesterday on his return from a visit to the United Arab Emirates and Qatar,160 words
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Article75 1985-02-19 14 AFP BRITAIN'S Fire Brigades Union has ordered its members to stop using the "kiss of life" on suspected homosexuals in a bid to cut firemen's chances of catching the often-fatal disease Aids (Acquired Immune Deficiency Syndrome). The conditional ban was scheduled to startAFP - 75 words
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305 1985-02-19 14 LEE HAN SHIH - By LEE HAN SHIH A LAST MINUTE postponement of election yesterday left the 6,000 members of the Singapore Chinese Chamber of Commerce and Industry with no clear indication of who their president will be for the next two years. The postponement305 words
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337 1985-02-19 14 A COMPREHENSIVE review is under way by the government to see how legislation on fire prevention and protection can be better administered. The review, which involves almost all the ministries, will look out for potential fire hazards and suggest improvements to existing safeguards.337 words
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325 1985-02-19 14 WHILE the chemicals branch of the Johnson Matthey group has just set up an office in Singapore, an existing commodities broking firm is now under voluntary liquidation. The latter company, Johnson Matthey and Wallace Singapore Pte Ltd, which was once part of the group,325 words
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Article, Illustration365 1985-02-19 14 AFP THE MALAYSIAN Chinese Association (MCA) yesterday reinstated 14 senior members whose expulsions last March triggered the worst crisis in the party's 36-year history. Among the 14 returning to the party as ordinary members were former vice-president and millionaire businessman Tan Koon Swan, who hadAFP - 365 words
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Article72 1985-02-19 14 Reuter MALAYSIA'S economic growth in the third quarter of last year was stronger than in the preceding quarter. Bank Negara said agricultural and manufacturing output grew at an annual rate of 7.3 per cent and 16.1 per cent respectively (2.9 per cent and 11.4 per cent inReuter - 72 words
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LATE FILE
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Article72 1985-02-19 14 UPI THE Philippines' First Lady Imelda Marcos has said ailing President Marcos had fully recovered and would not resign while he fought for the nation's survival. Mrs Marcos, in a breakfast meeting yesterday with local and foreign journalists, denied she now was sharing power with the 20-yearUPI - 72 words
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Article76 1985-02-19 14 UPI THE outlawed Irish Republican Army has claimed responsibility for the killing of the Belfast Maze prison security chief, who was shot to death in front of his two young children. On Sunday, two masked gunmen shot Patrick Kerr, 38, outside St Patrick's Cathedral in Armagh, 65UPI - 76 words
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Article51 1985-02-19 14 CHINA has rejected as groundless a US government report accusing it of continued human rights violations. The terse but restrained rebuttal was issued by Foreign Ministry officials. "The State Department of the US has made groundless and improper comments on the domestic affairs of China," it51 words
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Article69 1985-02-19 14 Reuter TAIWAN is training an elite force of troops and officers for special missions. A cabinet report said yesterday the force could be rapidly deployed to defend any part of Taiwan's coast and to make landings on offshore islands. It also said Taiwan was developing high-performanceReuter - 69 words
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Page 14 Advertisements
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Advertisement213 1985-02-19 14 Walk down memory lane with A Journal in the Federal Capital Published by TIMES BQOKS 1 International As the first correspondent for The Straits Times to be stationed in Kuala Lumpur (now the capital of Malaysia), then the Federal capital of half a century ago, GEORGE PEET had the unique213 words
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Advertisement357 1985-02-19 14 K TIMES CONFERENCES presents AN INTERNATIONAL CONFERENCE ON BUSiriESS STRRTEGV FDR BRriRS RflD RETRIL □RGRniSRTOIS THE ELECTROnC imPRCT 14 15 MARCH. 1985 SHANGRI-LA HOTEL. SINGAPORE 14 MARCH, 1985 15 MARCH, 1985 CONFERENCE CHAIRMAN: Mr Pierre A Dupont. President. Bell Canada International Inc.. Canada. KEYNOTE ADDRESS: CHALLENGES AHEAD FOR BANKS AND357 words
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Page 14 Miscellaneous
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Miscellaneous54 1985-02-19 14 Outlook for today: Showers in o few areas m the late afternoon. Report for 25 hours prior to 7.30pm on Feb 18 at the airport: Maximum temperature 33.0 Associated humidity 59 Minimum temperature 24.4 Associated humidity 92 Hours of sunshine 6.85 Rainfall in millimetres Nil Rainfall this month 65.7 Roiny54 words
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SHIPPING TIMES
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Article230 1985-02-19 15 NINE Asian seafaring unions have objected to Panama's proposed scale of fees for its new examination system. Delegates to the Asian Seafarers 4th Summit Conference in Hongkong have sent a resolution to Panama expressing their objections. L The resolution said the conference strongly deplored the230 words
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598 1985-02-19 15 LINDA CHEE - By LINDA CHEE THE RECESSION hit home towards the end of 1984 with a substantially slower growth in seaborne freight moving through Singapore. Official statistics for the whole of last year showed that especially in the last two months, throughput rose by less than five598 words
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Article659 1985-02-19 15 Shipping Lin* ■g* C4 Shipping Lin* P •9* C«i Afeo AhrenkM Liner Alphotr on» VI 3 Front o-Belg 4/5 V VI 4 4 Froto Shpg Freight Laiks Froto Fupworo Line VI VI 2 4 Andeka Shpg ANL APC Lin* VI 1 1 IV 5 V 4 Gesuri659 words
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PORT SIDES
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Article94 1985-02-19 15 NEDDRILL BV, a division of the Nedlloyd group, has purchased the semi-submersible rig, the Afortunada, from the Spanish Casa Blanca Group. The rig, which will be renamed the Nedrill 6, will undergo extensive rebuilding and modernisation after its delivery to Neddrill in July. Neddrill hopes to complete94 words
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Article83 1985-02-19 15 BARBER Steamship Lins Incorporated has started full service agency operations in Savannah and Miami in the US on Feb 1. The new offices is overseeing sales, marketing and operations for Barber Blue Sea, Barber West Africa Line and •Compagnie Generale Maritime. The Nordana Line is also serviced by83 words
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Article, Illustration966 1985-02-19 16 FT WE HAVE information about three ships on the high seas which are to be sunk," said Mr Eric Ellen, director of the International Maritime Bureau. "You can hire a scuttling crew in many ports in the world." Mr Ellen's mat-ter-of-fact forecast ofFT - 966 words
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Article42 1985-02-19 16 DANISH Rauff Sorensen has been ordered to pay Racal-Decca just over DKr2 million in damages after the company loss its battle to make and sell navigation equipment which works off the signals used by the Decca Navigatior system.42 words
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262 1985-02-19 16 Reuter LAID-UP world oil tanker tonnage rises in January slightly in January to 53.06 million dead-wight tonnes consisting of 346 vessels at end-December, Lloyds of London Press said. Laid-up very large crude carriers (200,000 to 299,999 dwt) totalled 25.51 million tonnes dwt (96 vessels)Reuter - 262 words
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490 1985-02-19 16 Fairplay THE financially-troubled shiprepairing giant, Lisnave, has been given approval by the Portuguese government to shed off a considerable number of employees. The government has given authorisation for 1,900 early retirements and 1,165 termination of contracts by mutual consent and 700 dismissals. StateFairplay - 490 words
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Article1897 1985-02-19 16 INCREASED grain chartering is reported on the freight market on Friday with rates generally rising slightly where changed, shipbrokers said. Vessels were arranged for grain from the US Gulf to Japan at U5514.50 and $14.80 compared with $14.25 previously while $16.50 was agreed for a small wheat cargo1,897 words
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Article205 1985-02-19 17 SADDLED with high interest rates, the Philippine Shipyard and Engineering Corp (Philseco) is seeking a moratorium on the payment of a Yll.l billion loan. The loan was arranged by the Philippine government with Japan's Overseas Economic Cooperation Fund. F G Salonga, vice-presi-dent for marketing, told Seatrade Week205 words
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423 1985-02-19 17 Lloyd's List SEA-LAND Services has unveiled record financial results for 1984 its best in 28-year history. But it sounded a note of caution for the current term. Improved cargo volumes in both the North Atlantic and trans-Pacific trades and better freight rates have contributed to itsLloyd's List - 423 words
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Article159 1985-02-19 17 EVERGREEN Line may increase its presence in Panama. This was indicated by Evergreen's chairman, Mr YF Chang, during a six-day visit to the country at the end of January. Evergreen has invested more than US$2.5 million in buildings and offices in Panama. And according to port authority sources,159 words
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Article545 1985-02-19 17 Feh 18-11 37th annual technical conference of the Canadian Shipbuilding and shiprepairing Association, Queen Elizabeth Hotel, Montreal, Quebec. Feb It Survival with the GCBS? Discussion at north of Scotland branch, Nautical Institute, 18.00 hours, Athol Hotel, Aberdeen. Feh 25 Possible commercial cures for ouyr ailing merchant fleet, South545 words
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Article192 1985-02-19 17 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.192 words
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Article, Illustration5172 1985-02-19 22 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.5,172 words
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Article657 1985-02-19 23 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sea Hwak 8508 19.2.85 2300 Eatsern M TA3 1030-1100 B3 Siri Bhum 208N 19.2.85 2300 S'pore Shpg FSB 1000-1100 J1 Gold Hilla 49W 20.2.85 0200657 words
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Article1789 1985-02-19 23 The leading shipping lines operating from local ports and their agents. A-B A FT. A African Shipping Agencies (Si Afro-Earasia Line Transgroup (Si. Ahreaklel Liner Service Kim Shpg (I) Alfred C Toe pier Oceanus Shipping Agencies (S) Manntex Enterprise (PK) Alpac Imrasea (S) Bintang Shpg (KLI1,789 words
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Article340 1985-02-19 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 19.2.85/1100 Auby 20W SSPL alongside Silver Star 20E SSPL alongside 19.2.85/1500 F Rainbow 23/4 NAPL alongside 19.2.85/2300 Anemone 33/4 Borneo alongside 19.2.85/1200 M Sportsman 1/2 LN Shpg 19.2.85/1200 21.2.85/0600 Sun Coral 25/6 NAPL 19.2.85/0700 20.2.85/0700 PASIR PANJANG340 words
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Article1355 1985-02-19 24 ARGENTINA Rosario Jan 15. 2 days. 4 vessels berthed. Necochea 8 days. 4 vessels waiting for grain berths. Bahia Blanca 8 days. 11 vessels in the roads waiting for grain berths. All 3 elevator berths are now operative. 10 vessels expected shortly. San Lorenzo 1 day. i vessel1,355 words
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Page 15 Advertisements
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Advertisement461 1985-02-19 15 cm DAW FOf€«9 n EXCW* oeotiM 5 Published by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A memoet of »>">e times ccgonisolion 556.50 Each -lARDINF. ANTAH IOOCL' I Orient OVERSEAS CmtaiMM. LINEI FU FULLY CONTAINERISED SERVICE EUROPE US SUEZ I UPTIME CRYSTAL 28* MRETERLMCK461 words
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Advertisement228 1985-02-19 15 UNITED ARAB SHIPPING CO (SAG) u UASC SEALORD SHIPPING AGENCIES 70 Shenfon Way 04-02 C Marina Mou»e Singapore 020 7 Tel *****94 Tel«>, No RS2MiS CFS office TPC 03 30 Tel *****31 and *****32 Terminal office TPC 03-29 Tel No 2222«90/*****93 NATIONAL UNE Of BA EXPRESS FULL CONTAINER SERVICE VKOM228 words
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Advertisement916 1985-02-19 15 mm. I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA :<> i r.\< n:< <.n i \i iani i< t asi i \n.\i»,\916 words
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Page 16 Advertisements
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Advertisement392 1985-02-19 16 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA ftt*t M us ace FDMLT MX Pacific South Waat Faeder at Tokyo Pacific North Waat Faador at Kobo A too accepting LCL Cargo (or USA Ports only. SHOKAWA MMHJ V 27/50* ICO VAN KCK WO6/5K TOMGO MAIN *42/511 T0« MY *21/51; t392 words
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Advertisement14 1985-02-19 16 BARBER WILHELMSEH AGENCIES PTE LTD WISHES YOU A HAPPY PROSPEROUS NEW YEAR xQ fa14 words
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Page 17 Advertisements
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Advertisement920 1985-02-19 17 The Straits Steamship Group Mansfield Container Shipping PteLtd occ Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT Stan HTwrt Brew 13/3 15/3 17/3 25/3 27/3 29/3 01/4 03/4 05/4 09/4 11/4 13/4 17/4 19/4 21/4 24/4 26/4 21/4 01/5 03/5 05/5 01/5 10/5 12/5 17/5 19/5 21/5 24/5 26/5 21/5 STRAITS920 words
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Advertisement707 1985-02-19 17 Franco Belgian Services \F+r fci. K*rv4 /vi* fur f L«n#j) (MEMBER OF ACE CONSORTIUM! mi contwner service to emote STOKE PKEIANGLeH»»» Rdam Fltm Han B'Haten Ant Rtfam KTwr B"lte«en A'warp LeHawe Main Sp p TUH OtYSTAL 23 Fet 25 Fek ll M« 19 Mar 21 Mar 23 Mar 25 Mar707 words
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Page 18 Advertisements
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Advertisement594 1985-02-19 18 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carnage to Scandmawa, Med. Carribean &S. America inland tadage to Mand destinations in Eirope S pore PKetanf Penary Leiioes Bibao Genoa ffburi Rdam B'haven Antwerp BN YOUNUS 19/3 22/3 24/3 17/4 20/« 23/4 Kaufa kUru Omrt 21/2 Kasufa Maru Omt 21/2 Benavon 22/2 D*""*' (■MM594 words
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Advertisement376 1985-02-19 18 LINE mo»(* r J FULLY CONTAINE RIS E D SERVICE 10 EUROPE VIA SUEZ "1 of the Ace Comortwn 18 3 19 3 21 3 73 3 26 3 ?5 3 ?6 3 78 3 30 3 4 2 1 4 21 4 22 4 25 4 30 4 84376 words
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Advertisement594 1985-02-19 18 THONG SOON AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88. TELEX: RS ***** BOOKING: *****56 (OIRECT LINE) SINGAPORE TO PENANG ETA KM SOON U. .27 Feb 6 Mar ETD DESTINATION 1 Mar Penang 8 Mar Penang SINGAPORE TO KUCHING "EQUATOR 5 Mar •EQUATOR IV 25 Feb 7594 words
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Advertisement616 1985-02-19 18 r O EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED./FE) w u« tc 1) PROVOENCE. WNUK SAVANNAH. BOSTON PMLADELPHM. NONFOLK. lACKSONW.LE. MLMNGTON ETC 3) CRISTOBAL BALBOA PANAMA COT. COLON SAN UM. SANTO OOMMGO 2) ATLANTA CHKAGO Of TWIT COLUMBUS ft OTWt MAJOR MKROBRDGE DESTMATIONS 4 USSI® 4) MOM616 words
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Advertisement222 1985-02-19 18 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sncaparc Lm*« tar 25/2 B Abbav B PORT KELANG HNANC SWOSE MARIIMK Pit ITO TtL *****44 7 *****70 MAIOSf MARIIM SON BHD W 38/232/3 MALAYSIA TRACK t TRANSPORT 110 Id ***** t 6372b J3j KYOWA222 words
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Page 19 Advertisements
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Advertisement581 1985-02-19 19 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 £E? 3 _lK sy 7J n MID. S.E.A. CONTAINERS PTE LTD. (FULL CONTAINER SERVICE) SINGAPORE PORT KELANG PENANG EASTERN MARITIME PTE LTD SELATAN AGENCY CO SDN BHD LEAN BEE OOMTANY TEL TEL 03-*****8 04-***** St WOOD581 words
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Advertisement817 1985-02-19 19 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE EUROft I STRAITS FROM EUROPE HAM 81MVIN (DAM HA MX UK IP KELANG STOW FOR WITH LIBERTY TO CALL AT RED SEA PORTS PENANG FED VIA SINGAPORE fKjJEBSEN LINE ■L NEW ZEALAND SOUTH COST ASIA Jlqa KASUGA MARU KBSfN TAURANGA B KBSEN SOUTH817 words
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Advertisement692 1985-02-19 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pore Service Ful Container Vessel. Busan Yotohjmj Kobe Kjotiwunj HonfkonfS pare T| Prmk <M) G0«r» VI7 HB H/t 21/ i 2 3/3 5, 3 1/3 9/3 WEST BOUND Spare Tdburf Amsterdam H burj Antwerp "S PAUMBANG 7 JO'3 S/4 I 4 11/4 17/4692 words
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Advertisement487 1985-02-19 19 BOUSTEAD SHIPPING AGENCIES m Phashwetyawywa V 250 Pajan VB3W Myomaywa VSS Pa-an VBl BURMA FIVE STAR (Burmese National Line) Loadnf for Rangoon Spore P.Keianc Penanj 20/21 Feb 25/28 Feb 10/12 Mar 25/27 Feb 23/24 Feb BANK LINE Ah TO UK/CONT MEADOWBANK IVYBANK SPORE R'DAM HULL HMBG 5 Mor 1 Apr487 words
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Page 20 Advertisements
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Advertisement941 1985-02-19 20 tai \*V'K"line KAWASAKI KISEN KAISHA, LTD. WISHING ALL OUR FRIENDS AND CUSTOMERS GONG XI FA CAI S pore Agents KAWASAKI SINGAPORE (PTE) LTD. 135 Cecrf Street. -11 01 LKN BLDG TEL ??1897? Bftnc /w. A cnF7\ (member of ACE GROUP) EUROPE (VIA SUEZ) EUHUTC' I STORE P.KELANG LHARVE RUAM NEPTUNC941 words
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Advertisement586 1985-02-19 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE l,)adin( to. 10S ANCHIS SAN FRANCISCO St At Tit lACOMA VANCOUVFR BC A,, i-ytin,- fCI fCI Containers AUSTRALIA EXPRESS CONTAINER SERVICE A.ifpl'f\, FCI FCI Container J Mdi t Mr ?1 Mar ft ?6 Ma' 21 2t «U 12 Mm 19 Mjf .'6 Mjr586 words
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Advertisement461 1985-02-19 20 SANKD ASIA FROM JAPANESE PORTS AND HONGKONG 1. SEA ROYAL 2 SMNKO MARU 3 SANTO SCOWIO 4 OCEAN RAMOW 5 YAMASUQ MAMJ 6 BUM 7 REGENT RANGER Perant M ft/19 Feb 20/21 Feb 24/26 Feb 6/7 Mar 12/13 Mar 11/13 Mac 13/15 Mac 22/23 Feb 27/21 Feb 4/5 Mac 10/11461 words
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Advertisement523 1985-02-19 20 INTRASEA (PTE) LTD. 10 Anson Road »27 16 Internationa' Pia*a Singapore 0207 Tel *****1 1 i 1 0 L'nesi voiAszAiin o BREAKBULK SERVICE TO EUROPE/UK SKmR N *****18 S pore P KeUn( Loadtaf tw in pt saM rott/ant/uji. <avwo P SEAWOOD SHIPPING CORPORATION S pore PKetant Isadwf tar Spore -NttftON523 words
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Page 21 Advertisements
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Advertisement710 1985-02-19 21 TO EUROPE/UK (VIA SUEZ): S'pore PKelang Havre N CRYSTAL 2SW+. MAETERLMCK 5W... S S BUDGE 49W K JACEJN 2SW TW BRDGE 24W C CONTAINER 29W. I^NOL NEPTUNE ORIENT LINES LTD I F'stowe H'burg 21/3 23/3 Also accepting cargo to/from Scandinavia N CRYSTAL S pore Closing Times: FCL Cargo 0400 23/2710 words
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Advertisement482 1985-02-19 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN, INCHON VmH No 6 Dnum MIN No 9 Datum SOIN No 7 Don*!. SO2N No 8 Dofum SO?N No 6 Don am M7N SPf*t »UN!S MIPTUNI AGfNCIIS PU 110 Tel ?7899?' ?/«5414 ißcok.o t si *****10 ?.M?O.V482 words
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Advertisement535 1985-02-19 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV HADING 55. Martet Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS 213*0 RS ***** RS ***** P KELANG M/S SHMKAT WAH SOON SON. BHD. IST ANO 2ND FLOOR. NO 1 lALAN CEMPENWG PORT KLANG MALAYSIA535 words
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Advertisement31 1985-02-19 21 t. Kctanc fen SMEE LOW SATU Voj 71 24 Feb RtBUMI *U fey 43 hi Nrt Si*. Agents: JAMB AT AN MERAH SDN. BHD. P. Kelang *****6/7 K.L. *****7/*****1 Penang *****31 words
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Page 22 Advertisements
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Advertisement646 1985-02-19 22 f lte«|imial Container l-iiu-s 3 Sailings Weekly Pi Reliable Regular Punctual Berthing P S.A Mon. Wed Sat rmi REGULAR/FEEDER SERVICE TO PHUKET/SOHGKLA VOY SM SKLA BKK PUT SKU HATANA BHUM 311/319 Sated 20/21 Feb RAT ANA BHUM 320/321 23/24 Feb 27/21 Feb HINODE KISEN CO. LTD I I.IK lIK.W N646 words
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Advertisement31 1985-02-19 22 ffiFARGO SHIPPING COMPANY (PTE) L TD 1 r EXPRESS CONTAINER SERVICE SINGAPORE BANGKOK 3 SAILINGS WEEM Y 78 Keppel Bond 17-07 Taniong Pagar Complex Singapore 0208 Tel *****77 *****88 A *****5231 words
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Page 22 Miscellaneous
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Miscellaneous173 1985-02-19 22 Regional Weather m, S ll W *A I K Hi K >1 0,1 ■JR m SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. a* Wind direction with speed m knots Wave height LEGEND: R Thunderstorm Temperature c A Weather ~~Y Wind direction with speed m knots Ro,n Wave173 words
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Page 23 Advertisements
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Advertisement116 1985-02-19 23 OffllKMHc} AGENOES K. LUMPUR P. KELANG PEMANG P. GUDAN6 J. BAHARU *****8/*****6/*****4/*****3 3S7IU/4 TEXMMAL 3SS3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE tttm r—ra lITTM "limra rFTM rrri 1 i.'iivin rny i [EOBi GOBI EEB EEEEBi GB EMBI lIEOH E3BB SB *****8 E3B EBB! lEE3B E3BB BZB EZB IU116 words
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Advertisement199 1985-02-19 23 ""ST—. LICOIINF, tOOM. AGENTS stAuort SHrrwc (S) riE ltd: SALES/BOOKMGS TEL *****11 (I UC] 11:1:^1 HMJM (CALCUTTA) J.VJ M/V HAUSSMANN V3LSS M/V ANJOU V4LSS M/V ARMAGNAC 27/3 3/4 10/4 i To Red Sea/Mediterranean PENANG B Butang 6/3 B Butang 26/3 From Europe HONG KONG B Permai Korrigan Juttandia N. DHft199 words
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Page 24 Advertisements
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Advertisement29 1985-02-19 24 DAIICHI CHUO KISEN KAISHA. TOKYO Vessel From Spore MV. SATCO ¥-414 KASHMA/WMAYMU 4/3 n»cal HAI SUN HUP CO PTE LTD Singapore H S H (M) Sdn Bhcl Port Keiang29 words
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Advertisement360 1985-02-19 24 r W i Mitsui OS K. Lines Ltd CONV^NTIONAL/SEMI-CONTAINER AFRICA'S NEDLLOYD MO JI 23 Feb Mombasa, Daressalaam APOLLO PEAK 23 Feb Port Louis. Reunion HEROINAE 5 Mar Mombasa. Daressalaam. Beira. Tamatave ALTAI MARU 20 Mar Mombasa, Daressalaam NEDLLOYD MANILA 4 Mar Apapa. Monrovia. Abidjan, Lome, Douala, Tema Also Accepting Contrs360 words
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