The Business Times, 12 June 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, JUNE 12, 1186 60 CENTS
    12 words
  • 450 1  -  By FOO CHOY PENG SINGAPORE workers in the manufacturing sector have emerged as the most expensive in the newly-industrialised countries in Asia in a US study of comparative wage costs. According to data from the US Bureau of Labour Statistics, production workers in Singapore
    450 words
  • 429 1 Chang likely to face additional charges of theft AP AFP A FORMER director of the Overseas Trust Bank, which has been taken over by the Hongkong government, was charged yesterday with conspiring to defraud depositors and creditors. Malaysian Patrick Chang Chen-Tsong, 34, had already been
    AP; AFP  -  429 words
  • 194 1 FT OFFICERS of Hongkong's Commercial Crimes Bureau have raided the headquarters of the Hongkong Industrial and Commercial Rank (HICB), the subsidiary of Overseas Trust Bank <OTB) which has been rescued from insolvency by the Hongkong government The raid on Sunday came" shortly after news that
    FT  -  194 words
  • 116 1 AFP HONGKONG stocks nosedived yesterday lor the second time in three trading days after last week's collapse of the Overseas Trust Bank (OTB), which the Hongkong government shut down and then took over. The Hang Seng Index plunged by nearly 80 points to 1,492.13 by the end
    AFP  -  116 words
  • Article, Illustration
    23 1 WHs bayers lowered their CBHtosMhSr tosT Msstsf the Mjs rtrmek yesterday were sn fee MnJEnLanShmC dsx task ftJM psints ts Hft.fi.
    23 words
  • 484 1  -  By LEE HAN SHIH JOB AWARDS under the Housing and Development Board's core contractor scheme have shrunk from an average of about |6QO million a year since its introduction in 1982 to only $12.5 million so far this year. The HDB
    484 words
  • 503 1  -  •y SHAHRIR ARIFF AN INDEPENDENT semiconductor manufacturer in Singapore, Team Semiconductors, will invest more than $21 million over the next five years in spite of~ the current worldwide uncertainty. Mr Robert Marrs, president and chairman of the Team group of
    503 words
  • Page 1 Advertisements
    • 116 1 OABS THE ULTIMATE ACCOUNTING SOFTWARE FOR MICROCOMPUTERS SfE HOY CHAN GfIOUP OA Smfapon t*i 22MMX4 Kl W 03 T»M80 P*Mn« t# 04 J***** Ipoft W OS *****8 COPYING The Sanyo SFT 852E Copier makes •ure of clearer copies and trouble-free operation because of these advanced features Microcomputer setf-diagnoetic system informs
      116 words
    • 227 1 SHARE INFORMATION AIRCRAFT MONEY 4 EXCHANGES CROSSWORDS SPORTS RAW MATERIALS A SENIOR Australian official says about 27 per cent of res with 35 per Page 2 MINISTERS from 21 industrial and developing countries which account for some 70 per cent of world trode hove agreed on measures to bring a
      227 words
    • 0 1 <~".^!!(?&),~@])>!]~-!')_:+=}&<
      0 words
    • 91 1 Singapores First Lcf a' Ran%Mth an interna'! >rv .ink' nj notwck to serv c you bMt<-r •=—l. I mUBSEAS C-MM S a' v §AS» BQB not Ilie ata I I I I I L. One-and-rwo bedrooms apartments Fully furnished and air-conditioned Full domestic housekeeping services Free recreation club membership Seven
      91 words

  • HOME NEWS
    • 378 2  -  By BHAHRIR ARIFF ABOUT 27 per cent of Singapore's total exports to Australia in 1983/84 enjoyed preferential tariff treatment, a senior Australian government official said yesterday. But this figure was still lower than in 1982/83 when 35 per cent of Singapore's exports enjoyed
      378 words
    • 516 2 A 200-per-cent increase in Singapore's exports to Australia in the past five years was an indication of bow much scope there was (or further improvement, a senior Australian Trade Commissioner in Singapore said. Mr Graeme Hargreaves of the Australian High Commission in Singapore
      516 words
    • 229 2 SOUTH AUSTRALIAN orange growers are out for a larger slice of the Singapore market. A group of 15 orange groweis arrived recently (or a week-long visit to "know the market better, check out the competition and bridge the gap between consumers here
      229 words
    • Article, Illustration
      511 2 SHARP has introduced a new copier-dtoplayboard, the VB4OO with a remote control unit The design concept behind the VB-SQD is a "creative communication board'* for increasing efficiency and to facilitate more imaginative meetings. The VE-500 employs a filmroll system to store the displayboard images, so up to five
      511 words
    • 550 2 HOTELS fighting the room glut are finding their marketing efforts hampered by a record turnover in sales management staff. The movement of sales department heads has reached such proportions that it is not uncommon to see people Join new employers and leave
      550 words
    • 488 3 AN $11-MILLION drop in the tender from the Japanese Penta Ocean Group has won it the contract to lay the seabed foundation for the ma Jot land reclamation project at Punggol. This contract is part of a nine-year $874 million project to add 875 hectares
      488 words
    • 334 3 STIFF competition among contractors for jobs has resulted in 15 contractors grappling for a contract for the building of a road. Bidding among them was keen and three of the tenders received by the Public Works Deparment quoted prices within
      334 words
    • 73 3 THE Environment Ministry has started work on a $26 million project to extend its pipeline system in Jurong which will benefit some 50 companies in the Jurong area. By 1988, the pipeline system will be extended to cover Tuas, Benoi and Gul. According to the manager of Jurong
      73 words
    • 44 3 THE CI PI ELLE group 01 ttalian leathergoods manufacturers will show their collections at Raffles Hotel from tomorrow till Saturday. The exhibition will feature a range of ladies' handbags, belts, attache cases for ladies and men, travelling goods and small leather items.
      44 words
    • 427 3 TIMBER exports climbed 14 per cent in April, the highest rate of growth this year, but failed to offset the large decline suffered in March. The turnaround in exports of timber products in April, which saw $85.3 million worth of shipments, contrasted with the
      427 words
    • 297 3 JEFFREY MOUSE has been appointed general manager of NCR Singapore. He will be responsible for the day-to-day operations of NCR in Singapore. Mr Morse joined NCR New Zealand in 1976, first serving as systems engineering division manager, then as retail systems senior account manager and later as
      297 words
  • Page 2 Advertisements
    • 98 2 f—- 'J- mmmmm > *■< V J 4 r V -f, zm&st ■>x r **■> r< S»S3> v.:r.x jy^;MK»g? ii *C f i£ J* Ml ,34* ■PPBBBMPBWB v? w WmVM %*.2yT*~ COMMAND POSITION. Hong Leong Finance Building 138 Robinson Road *113 podium carpark lots •Spacious, sophisticated offices with inspiring seaviews
      98 words
    • 55 2 WE COULDNT IMPROVE OUR SUNSETS, SO WE'VE DONE THE NEXT BEST THING. WE'VE DOUBLED THE n, PLEASURE OF THE VIEW. THE TRADEWINDS' SUNDOWNER HOUR. MONDAYS THRU SATURDAYS, FROM 5.30 PM 7.00 PM WHEN DRINKS* 1 COST ONLY HALF THE BAR PRICE. Cocktails, standard brands, beers and soft drinks only. HHON
      55 words

  • Page 3 Advertisements
    • 266 3 -r S. sw^Hnns J♦* I*>I•IT I I f I p f II»'1'' 1 K***?#n3B®fJWfc=aK, When it comes to compatibility, Olivetti tells a beautiful software story... Mi.} 7* V. Both the Olivetti M 24 transportable M2l PCs run thousands of industry-standard application software. They oan be used as stand alone PCs
      266 words

  • OVERSEAS
    • 374 4 Reuter MINISTERS from 21 industrial and developing countries which account for some 70 per cent of world trade have agreed on measures to bring a new round of talks on trade liberalisation a step closer. US Acting Trade Representative Michael Smith said at
      Reuter  -  374 words
    • 177 4 UPI PRESIDENT Ronald Reagan's decision to abide by limits of the Salt 2 treaty has won strong support in Congress but a conservative Republican compared it to "knuckling under to Adolf Hitler". Senator Steve Symms, a conservative Republican from Idaho, said on Monday that
      UPI  -  177 words
    • 235 4 Reuter AMERICAN Budget Director David Stockman odd weakness in the country's economy could add as much as US$7O billion to the federal budget deficit by 1968, dashing government plans for reducing the red ink. He told an American Stock Exchange conference the deficit
      Reuter  -  235 words
    • 183 4 AFP CONFLICTING American and European interests in the field of agricultural trade and aid surfaced again as the World Food Council (WFC) began a four-day ministerial meeting in Paris on Monday focusing on Africa's food crisis. US Agriculture Secretary John Block told the 3S-natlon
      AFP  -  183 words
    • 168 4 Reuter A SYRIAN diplomat involved in a tenancy row has agreed to quit his London apartment after Queen fatnbeth Intervened in the case and the Brittah government threatened to expel him. Solicitors for Ahmed IWattd Ralab, a counsellor at the Syrian embassy, said he
      Reuter  -  168 words
    • 772 4 ARRIVALS fj* < LttM vpcniir mvicv mw imp MMkif tm PAA PA21 0020 LAX/TYO/HKG. UTA 1/T3563 0150 NOU CAL 0010 0615 JED/DHA MAS MH681 0620 KUL KAL KE624 0640 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH81I 0940 PEN RBA BM21 1000 BWN SIA
      772 words
    • 264 5 Reuter ISRAELI Prime Minister Shimon Peres has announced an Israeli plan for opening direct Middle East peace talks with Jordan and Palestinians within three months. Mr Peres's plan, which contains no radical departure Cram previous policy, called for continuing consultations between the US and
      Reuter; Reuter photo  -  264 words
    • 243 5 AFP SEVERAL HUNDRED untouchables, formerly segregated as the lowest class among Indian Hindus, had tea at New Delhi's luxurious Taj Mahal Hotel on Monday. Called by the opposition Janata Party and the Bonded Labour Liberation Front, 500 peasants peacefully invaded the salons of the hotel
      AFP  -  243 words
    • 273 5 AFP ABOUT 800,000 public sector workers have given the Malaysian government less than a month to revise their salaries or face industrial action. Leaders of 43 unions and associations representing most of the 150,000 people employed by statutory authorities warned on Monday that they would
      AFP  -  273 words
    • EO-NOTES
      • 39 5 THE EXECUTIVE Commission of the EEC said on Monday that it had authorised France and Ireland to suspend indirect imports of certain textile products from Taiwan, South Korea and the Philippines. The items include windbreakers, shirts and Jerseys.
        39 words
      • 68 5 CANADA is seeking an explanation for the sharp rise in Japanese car sales that has occured while the two countries are negotiating new import quotas for Japanese cars. Canadian Industry Minister Sinclair Stevens told the House of Commons in Ottawa on Monday that the government continued to monitor the
        68 words
      • 58 5 SAUDI ARABIA'S imports dropped 12.3 per cent in 1984 to 118.7 billion Saudi riyals, the Saudi Ministry of Finance and National Economy said in a statement on Monday. The statement, which made no mention of exports, attributed the decline to falls in prices and freight costs and to
        58 words
      • 62 5 EXPORTS of footwear, Taiwan's third largest foreign exchange earner, dropped 10.6 per cent In the first five months of this year over the same 1984 period, a Taiwan footwear exporters association official said on Monday. The drop was mainly due to less demand in the US, Taiwan's number one
        62 words
      • 51 5 THE PHILIPPINES Will post a negative gross national product growth rate of 2 to 2.75 per cent this year, the Business Day newspaper quoted two leading Filipino economists as saying on Monday. Premier and Finance Minister Cesar Virata has forecast "between zero and one per cent" growth in
        51 words
      • 60 5 A LOS ANGELES trade delegation has said that it is interested in investing in Indonesia, but emphasised the need for some improvements in the country's investment climate. The delegation from the Los Angeles Chamber of Commerce told the Indonesian Chamber of Commerce and Industry on Monday that it felt
        60 words
    • 145 5 AP INDIA will not take steps to cut imports of Malaysian goods in spite of India's annual trade deficit of almost Msl billion with Malaysia, Indian High Commissioner Ranjit Sethi said. He was speaking on Monday at the opening of the four-day India
      AP  -  145 words
    • 195 5 Reuter CHINA moved a step closer to buying up to four nuclear reactors from West Germany when it signed a memorandum on long-term nuclear energy cooperation with a leading reactor supplier, Kraftwerk Union AG (KWU). The document was signed on Monday at
      Reuter  -  195 words
    • 415 5 UPI SAUDI ARABIA has warned fellow Opec nations it will stop defending world oil prices if errant members continue to violate the cartel's pricing and production guidelines. King Fahd of Saudi Arabia, the cartel's largest and most Influential producer, delivered the warning last week in
      UPI  -  415 words
    • 265 5 NYT PRINCE Norodom Sihanouk has appealed to the US to use its influence and prestige to help Cambodia establish a coalition government of communists and non-communists under international guarantees. He spoke in an interview on Monday at his residence outside Pyongyang, where he has
      NYT  -  265 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 121 4 Doonesbury THE editor of Business Times regrets that he hos reluctantly decided to withdraw the current series of Doonesbury strips. The decision is based on taste and the risk of legal action. The series refers to alleged associations between singer Frank Sinatra and members of the American Mafia. Doonesbury's creator,
      121 words

  • Page 5 Advertisements
    • 134 5 WHO KEEPS SINGAPORE IN GOOD CHEER? Nfifcjjgb JB t4OtBL- r •**.f r 1 f MB f pom When it's time for a drink, think of The Borneo Company. And all the famous names that we put on everybody's lips. Prestigious names from the world's greatest wineries such as Black Tower
      134 words

  • TRAINING & DEVELOPMENT
    • 426 6  -  By YAP BOH HOON THE Management Development Institute of Singapore (MDIS) has received a three-year approval from the Business and Technician Education Council (BTEC) of Britain to conduct its Certificate in Management Studies (CMS) courses. An intake of 35 students went through the first
      426 words
    • 380 6 FIVE one-day training seminars on the use of microcomputers have been arranged for local top executives by a charge card coanpany. American Express will hold the one-day "hands-on" seminars from Jane 24 to 28 Jointly with a major computer manufacturer and a management consultancy firm.
      380 words
    • 227 6 MENTOR GRAPHICS, a world leader in the supply of equipment for computer-aided engineering (CAE), is one of several companies participating in a three-day conference organised by the Nanyang Technological Institute from July 9. Mr Randy Smith of Mentor Graphic» Singapore will present a paper
      227 words
    • 398 6  -  ■y FOO CHOY PENG A REVAMP has taken place at the textile and garment industry training centre to make it viable and run more effectively. Evening rls—M have recently replaced the day «—ions at employers' request and part-time instructors are being
      398 words
    • 152 6 THE SINGAPORE Association at thelnstitute of Chartered Secretaries and Administrators is to hold a abort course on the "Eaoployment Act and the Chartered Secretary". The course, starting on June 19 at the Singapore Professional Centre, wffl rnnsiet of four week» ljr eessirw every Wednesday, lasting
      152 words
    • 560 6 Seminar* and courses •ifttf DURATION TITLE VENUE ORGANISER TELEPHONE te hj Juris 20-23 t- 'ilMtH June 21 Juns 27 -28 Juns 27 -29 Juns 29-30 Juns 3) July 1 July 1-19 July 4 July 5 Arbitration General Courts u t TT~ >P K' Schulsr Ssminar Planning and Organising and
      560 words
  • Page 6 Advertisements
    • 274 6 Leave Arrive Singapore 710 am Daily LosAngdesllOOnoon (Same Day) f Singapore 710 am Daily Honolulu 900 am (Same Day) With daily flights, Pan Am makes flying to Los Angeles and Honolulu convenient and comfortable for business travellers. And if your destination is onward to interior U.S.A., your Pan Am flight
      274 words

  • BANKING AND FINANCE
    • 399 7  -  Matter to be taken up with relevant authorities By ALVIN TAY THE FINANCE Houses Association of Singapore (FHAS) is seeking a change in statutory rules that prevent certifir organisations from placiiu surplus funds with the fiance companies. IMost of these Acts stipulMe that the
      399 words
    • 91 7 Reuter THE US Supreme Court, in a unanimous decision which is expected to affect the banking system significantly, has ruled in favour of state laws that ban major banks from Joining regional banking The Massachusetts and Connecticut laws that allow mergers among h««i»w
      Reuter  -  91 words
  • MONEY AND EXCHANGES
    • 769 7 BMQAPOME nte us doQar yesterday cloeed slightly firmer against major European currencies but was marginally lower the yen in quiet late trading, dealers said the dollar lacked a a trend with most operators sided awaiting the release of the US 1 retail sates due on Thursday. The dollar
      769 words
    • 120 7 THE OVERNIGHT rate on the Singapore interbank money market rose by V* points from Monday to close at 4V« per cent yesterday. The one month term rates fell by V* points. The three month term rate fell by 1/lf and the two month remained unchanged. S$ Interbonk rot«s
      120 words
    • Article, Illustration
      325 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in very quiet trading. Dealers said most operators were sidelined due to the absence of fresh factors and ahead of release of US retail sales for May on Thursday. Periods were steady to lower at the outset and
      325 words
    • 181 7 Interbank rates at 3pm yastarday: Local dollar* to •no awt of foreign «HM|M Mr US dolor Storing pound Austrobon dolor NZ dolor Conodkm dolor 2.2255 2.8096 1.4755 1.0215 1 6214 2.2265 2.8131 1.4783 1.0241 1.6234 2.8196 7.3469 3.4286 ***** 3.4206 -21.07 •61.76 -56 96 •70 21 -52.60 Locol
      181 words
    • 313 7 BA Futures Inc EURODOLLAR aided by the cnsh bond gains yesterday morning, opened firmer with the September contract opening 7 ticks better than DOTs rinsing at 91.87. The September contract finally closed off the day's high at 91J9. Immediate resistance and support in the September contract could be found
      BA Futures Inc  -  313 words
    • 141 7 HONOKONO: GOLD closed lower In the (ace of a itiouger US dollar, but leadtnese In diver lent support to bullion Gold price ended at U*****.90/313.40 an ounce against an initial 1313.50/314.00 and New York's 1314.10/« ckme. Krugerrand held at 32,500, equivalent to US$32l JO. TOKYO: FUTURES closed down one
      141 words
  • Page 7 Advertisements
    • 227 7 tier terr. 3 uaffhs. sc tached bath, spilt living/ dining." RPCi Purn. $1,350 *****1/*****3. h DISTRICT 11, Orchid Inn vicinity. Beautiful Single storey bungalow on elevated land, 3 bedrooms, swimming pool, renovated, land area #,500 square feet, mature garden, must view. Only $600,000. Call *****09 af 10 a.m. FULTON Near
      227 words

  • FEATURES
    • 477 8 INVOLVEMENT in community work will be taken into account when a panel of Judges select the winner of Businessman of the Year award. Business Times and the international courier group, DHL, which are Jointly sponsoring the award, want to find "someone who is an example of
      477 words
    • 1239 8  -  Perth businessman Stephen Chew plans to replace the home computer In his latest venture The people who have moved from Singapore and Malayeia to Australia are mostly professionals in areas such as medicine, architecture, engineering, dentistry and accountancy. Not a few are successful businessmen. There is,
      1,239 words
  • Page 8 Advertisements
    • 219 8 Outer space... Inner space. When space will always be at a premium in Singapore, one housing project gives you more than ample space. Space to live. (Apartments with luxurious interiors, yet at very affordable prices). Space to play, jog or stroll. (With all the modern facilities of a modern country
      219 words
    • 156 8 < WE'RE FUSSY ABOUT LITTLE THINGS, j M < > i 4 4AS Jr vm Kicj V", '*iJ '*'iJ 'T AJ *.s. *%L >, 1 >- V 4 Ji v t' 'v; 'Vifi 4 «V' 1 .7 1 1 r After a long day of business meetings, you'd like nothing
      156 words

  • SPORT
    • 667 9  -  By BRIAN MILLER ITS ALL systems go for this year's Singapore National bowling championships which rolls off tomorrow at Kim Seng Bowl's 28-lane Brunswick house. Scheduled to be played over 10 days, the tournament will culminate with the men's and women's Masters roll-off
      667 words
    • 290 9 Reuter MATS WILANDER and Chris Evert-Lloyd, the most accomplished exponents of clay court tennis, regained their crowns at the French Open and boosted their chances of finishing the season with million-dollar bonuses. Wilander and Lloyd, who also won the singles titles at
      Reuter  -  290 words
    • 533 9 UPI BEAUTIFUL WEATHER greeted early arrivals at the 85th United States Open, among them being the man who will try to become the first in 34 years to win the world's most prestigious golf tournament twice in a
      UPI  -  533 words
    • 325 9 AFP BARRY McGuigan made a triumphant return to the streets of Belfast on the back of an open lorry in Belfast on Monday. McGuigan saluted thousands of well wishers who thronged the city for the return of their hero, who became World
      AFP  -  325 words
    • 214 9 Renter THE NUMBER of yacht chit» challenging for the 1567 America's Cup It expected to be deduced to between 12 and 16 py the end of a two-day meeting «in Porto Cervo, Sardinia. Eighteen of the original |2I nhanotigfaig dubs have iciacsf
      Renter  -  214 words
  • Page 9 Miscellaneous
    • 1087 9 m em im® f CHAWHHS H 2.30 PM SBC Te*t "Live" Sample Pff« 3.00 Opmtog and Programme rtgiights folby Youth (Mandarin) 3.55 Hit Richard Smmim Show Lama freene's Mew Wdomess The Elephant People 4.45 Sesame Street 5.45 Poworhouii Yon Make Me Sick 6.10 hop anno 6.15 News 6.25 Doctor Snuggles
      1,087 words
    • 644 9 tsoiassKatDQii) 5 Where to kit if you can bear to watch (5) 6 Floral flavour (7) 7 Unci* Frank's musical character (4) 8 Oddly rough? (6) 12 Looks around for a piece of rock (5) 13 But she can be both hopeful and charitable (5) 14 Was it picked as
      644 words

  • INTERNATIONAL STOCKS
    • 342 10 FT HANSON TRUST, the acquWtlve British industrial holding group, is raising £519 million from shareholders tat the largest rights lssuf by a UK company wholly in the private sector. It exceeds Barclays Bank's £513 million issue earlier this year and falls short
      FT  -  342 words
    • 152 10 Reuter MAJOR UK institutions sad the Csnsdtsn holding company Raveiston Corp Ltd have indicated they will subscribe in full the £fel «""Haw of new share capital bring issued by the Daily Telegraph PLC, equivalent to about 40 per centof its enlarged capital. A Daily Telegraph stalameat
      Reuter  -  152 words
    • 310 10 Reuter WALL STREET stock prices posted ««mil gains on Monday to end mixed in a lacklustre session marked by a sharp drop in trading volume. The Dow Jones Industrial Average gained by 2.02 points to close at 1318.44. The volume on the New York
      Reuter  -  310 words
    • 118 10 JUMi tO C$ Hud Ioy Mm hi* 0> 49% m.Mil 19* ht» W a£T est** i* Algomo 22* JfJ'V; Sj u av«hmh it* ttLMS •SSTMOM 29* H**— J" Bar* Nova ScoMo LlT* t?L M Canada 43* J***? 8* 2 M Co, iy 31 n .ft MJImw A 17* L2
      118 words
    • 274 10 jUMg )0 toad UMmc 530 inch 1600 inch M A Alpha DU5THALS 8756 MM An0oi ,m MGS 2825 •85 AE And d 150 775 inch unch i i ii 1111 BST..:zz:: Charter Cam GaM 9200 nJS 460 ***** 5s ASS 1 450 2850 1190 inch -50 -50 200 inch
      274 words
    • 476 10 H w us Mirtri 1 1 «di r 1 I* s-ii'. i '^cag M t« M WMk 1 I1» m n 1 utdi 7* nidi UK*> 5* M M M 5 > wrfi indi M undi M M 7* 2H 41 in M 1 4 41 4 MMh
      476 words
    • 514 10 H S' lLT a m «p Jt uSZ rtr" ♦iraj U. (B| 4S 41 T "*T j ■u J •14 r T ♦2 Mtfi tejy P Oat Mi rr* Cpjy rrrr* St^ T1 42 !5bv 4f» eg—, r*r ♦2 -1J S J iff i MUi writ Ilj'iIjj P*
      514 words
  • Page 10 Advertisements
    • 125 10 A few I*"* s 5T H M Cascade garden ttos > r^'.rt vN5 r f t Fancy good tood and furf? Our Local Buffet lunch is really good value at $10 tor adults $7 for children Moo to Sat. 12m to 230 pm. A sumptuous Barbecue Buffet dinner is on
      125 words
    • 46 10 "j/ HOTEL ASIA Many haepy "Mum* 1 37 Sco»t» Road SnOßpowoB22 W *****68 We« RS ***** HOTASA fi Pescadou Restaurant Provencal .w 1 V ■> ■x My* G 3 a ftfcM Amp/e free parking at all times. :S: IrgjPjßjQ^H js:<OicNclfclll 2*4 Dur*vn Ho®* Singapore 1122. W: *****22
      46 words
    • 94 10 G ItAI Time: 12 noon 2.30 pm Price: $12.00~ Fashion Show: 1.15 pm Fong Fong Fashion House S Resident uMeisio smcakw I*l. Kitchener Ro«l, Singapore 0820. Tel: *****22 /^i fi o et A sumptous buffet lunch awaits you with savoury specialities to please the palette. Our menu includes popular dishes
      94 words
    • 101 10 V tsfunkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs Businessman's set lunch from $8.50-H--SINGAPORE HOTEL 10 Eu Toog Sen Street. Singapore 0105 Tel: 533 3888 King s den Sheer Relaxation! A lounge of whimsical
      101 words
    • 64 10 ;*](\*/>$+.$?_<-]]]!$>,;/<^~{@; *K—rv v j -w t 4 cs r* M U T^T EC p* 0 n QHVGHyTEL SinOMR 09X3 Tctau RS ***** I r. oBSrSnoTtL. r»c: ***** it. Mi *****11 s s ■>■■■■: y. > •> Pt j&i: Elegant nightspot with an Arabian Sights setting. Plush. Exciting. Alive with the
      64 words

  • ASIAN STOCKS
    • 315 11 HONGKONG: STOCKS yesterday ended the morning session lower in a continuation of sharp initial falls on Monday's news Hong Leong discontinued an offer for the Hongkong Industrial and Commercial Bank (HICB). They attributed Hong Leong's move to a lack of confidence in Hongkong's banking sector following the Overseas Trust
      315 words
    • 171 11 JIM If t(r a Uan Hm Mui 11.05 -fai HT 'fCiYoPta 25.40 -1.7 AS Stocara Mm 1 66 -0.08 K C Com 16 20 uicfc AMCM 2Z80 AI ,3.40 +0.05 S m Si, MM f+m 0.91 mfc U 50 IMO -0 2 gy.Vf*?! 4q|5 ShMn Papar 45.30 unch n2L
      171 words
    • 371 11 TOKYO: Share prices rose steadily in active trading led by international populars and selected incentive backed issues. The market average gained 75.59 to 12,759.93, more than making up (or Monday's 33.25 loss, on turnover of 430 million shares against 360 million on Monday. Recent rally-leading domesticorientated shares eased in
      371 words
    • 70 11 AAvsfl MI r 0.014 +0012* 0012 +0.001 JUNE 11 NM OrMn Ml ***** unch IWii .0.1150 -0.006 Sx» MM B A 0 aSZgZFI z aoou <x»i 15.50 unch if 0.001 «Mh BoQuio GiHHf Banc Petroleum Poaai 0.003 utch 110 unch San K Stain Sm fcgu* B mt Drti) 14
      70 words
    • 452 11 SYDNEY: Share markets closed easier in dull trading, pulled down by lack of buyer support for gold. Brokers said uncertainty over world commodity prices and Australian taxation reforms had caused overseas interests to withdraw from the sector. At the close of trading, the All Ordinaries Index had dropped 1.5
      452 words
    • 133 11 BANGKOK: Share prices closed mixed in moderate trading. The Book Club index rose 0.50 point to 139.90 as declines led advances by a slim margin. Turnover climbed to 206,445 shares worth 44.05 million baht from Monday's 176,626 shares wrath 29.8 million. JUM 11 MM SM Own 90.50 -15 «ya-
      133 words
    • 74 11 JUNE 10 w« 995 -5 Hyxtdoi Conn 909 631 449 ■9 +42 +23 OtohwatgMi US -2 Kerta fin* 635 undi +40 +4 Comnnfod 8k.... 630 459 +6 +9 YukON* Kotm Sh*> Lucky Lid 14(5 406 Dwwoo Cofp..... 471 *4* 20 24 705 19 widi Dona AK 495 15 SammfBtc
      74 words
    • 81 11 Reuter MAZDA Motor Corp is negotiating with Kia Industrial Co of South Korea to provide it with technical aid for car production. A Mazda spokesman said Kia, which assembles 7,000 to 8,000 commercial vehicles designed by Mazda a month, was given government permission in January to
      Reuter  -  81 words
    • 197 11 AFP JAPAN and Indonesia will soon jointly produce passenger seaplanes. The Nihon Keizai Shim bun, a Japanese economic daily, said that the government, upon request from Indonesia, had decided to make the project a pillar of Japan's technical cooperation with Indonesia. It said
      AFP  -  197 words
    • 94 11 Reuter HYUNDAI Heavy Industries Co Ltd of South Korea is seeking credit facilities totalling U*****.6 million. The funds would help cover expenditures involved with building four $65-million semi-submersible drilling rigs to be completed for Odeco Inc of the US by 1967. Officials say Hyundai wants a
      Reuter  -  94 words
    • 145 11 AP A PLAN to buy stock in small South Korean companies has been announced by the International Finance Corporation, an agency of the World Bank. The corporation will set up a US$5 million "equity line" for buying into companies with
      AP  -  145 words
    • 186 11 AP SUZUKI MOTOR CO. a major Japanese motorcycle maker, has signed a tie-up contract with three groups of Chinese corporations to produce a total of 30,000 motorcycles at three Chinese cities beginning later this year. Under a contract signed on May 21 with
      AP  -  186 words
    • 95 11 Reuter FUJISAWA Pharmaceutical Co Ltd and Mitsubishi Chemical Industries Ltd will form 50-50 Joint ventures this autumn with the Synthelabo unit of L'Oreal SA of France. The Japanese companies announced separately that the two Tokyo-based ventures, each with issued capital of 100 million yen, would develop, manufacture
      Reuter  -  95 words
  • Page 11 Advertisements
    • 717 11 •J! M Vi as s rz Z FOR FURTHER INFORMATION CALL r «\SO f in? n *'-;4r Follow the sweep of the curving staircase of the Century Park Sheraton and you'll find yourself at the Black Velvet Gold. If s a discotheque with hot sounds and cool drinks, an exceptional
      717 words
    • 24 11 »I r Savoury Delights Await Yod At L'» r i *v c r,- M v m I »< »< Our Chefs. u Recommendation: v<V,M r» a
      24 words

  • RAW MATERIALS
    • 783 12 AP WESTERN EUROPE is bracing for a farm exports fight with the US that could become one of the fiercest in a quarter century of trans-Atlantic trade skirmishes. "There is no question, the potential is there for a trade war," said Wolfgang Arnold,
      AP  -  783 words
    • 315 12 Reuter INTERNATIONAL Tin Council members would be discussing the future of the International Tin Agreement at an otherwise routine ITC session in London scheduled to end on Friday, delegates said. When it last met in March, the council set up a preparatory group, open
      Reuter  -  315 words
    • 89 12 AP PROSPECTS are good for an improved grain harvest in the Soviet Union this year, the US Agriculture Department said. Based on current indications, total Soviet grain production could total about 195 million tonnes, up from a poor showing of 170 million tonnes in 1964.
      AP  -  89 words
    • 214 12 AP AMERICAN (arm land plummeted by 12 per cent In value during the past year, a drop that was so precipitous it delayed release of the information while statisticians scrambled to double-check their figures, the Agriculture Department said. The decline was the largest
      AP  -  214 words
    • 209 12 AFP PHILIPPINE coconut exports (ell by 40.5 per cent in the first (our months of 1985 to 250,993 tonnes from the 421,870 tonne total (or the same period last year. Aggregate traded value dropped 48.6 per cent to U*****.12 million from $294.31 million (or January to
      AFP  -  209 words
    • 173 12 SINGAPORE THE market yesterday closed firmer with July One RSS buyers quoted at 177.50 cents per kilo, up 4JO cents from Monday. The morning session gained 175 cents on shortcovering and dealer buying for July position. Prices rose further in afternoon trading on continued demand for July position. MALAYSIA
      173 words
    • 80 12 (cMrtiAf, 1-tw JUtY 85 AUG 85 (curnwi if montfr) (forwon d womk) NOON NOON RAS r Sdhn 8ayon Man SSR 20 159.00 I60.0QN 159.00 161.OGN SSR 50 156.00 158.00N 157.00 159.00N MRELB B*f«n Sdw >*rw Silin SMR CV 213.50 215. SON 215.50 2I7.50N SMR L 215.00 217.00N
      80 words
    • 249 12 RAS prices m S cMti/k* K>8 k ■Us MOON aosc Int 1 RSS Protwpt 177.00 I78-00N 178.00 179.00N Int 1 RSS Ju»y85 176.00 177.00 177.50 177.75N Int 1 RSS Aug 85 172.50 173.50 173.50 174 OON knt 2 RSS 172.00 173.00N 172.50 173.50 UK/Cont. 171.00 I72.00N 171.50
      249 words
    • 102 12 CBT wheat future» yesterday closed 2V< to V* cents a bushel higher in quiet trade. July ended near the top of a 3V4 cent range. Expectations of a decline in the USDA winter wheat production estimate from the previous month lent some support, although traders said the fall in
      102 words
    • 987 12 COFFEE Trading in robusta futures covered a £55 range on Monday afternoon, reflecting views on Brazilian weather, with contracts ending £13 a tonne above to £20 below Friday's levels. Prices fell sharply immediately after the midday recess, following the latest report from private forecaster AC-CU-Weatber that no damaging
      987 words
    • 76 12 THE I—lt Iwpg Tin Market (KLTM) price yetteritj NMvend M fa Tiflf ft par Ub feUewfaw a *arp fao In ilnMiw bat «M still wltkia the ITA lewer ru|ttftajluitßLlL TV- keffer ateek naa■Siri at IMb lewftß lag rtirt M per Mat M the 1M toaaee efferefl, im Cm
      76 words
    • 157 12 Yarn (In HK$ par Ma af 400 fc) China oofdtd yor n, cones Bua Phoanix 16's 2.700 Bua Phoanix 2ffs 2,750 Bkja Phoanix 32*1 3,200 Bua Phoanix 40% 3,550 Corded yom, kw k Bua Phoanix 2)'» 2,950 Combed y°m, co MS Bua Phoanix 32*s 4,350 Bua Phoanix 4ff* 4,550
      157 words
    • 151 12 MALAYSIAN crude palm oil prices eased on late selling after earlier levels were supported by Pakistan's presence in the market tendering for rbd palm oiL Trading was moderately active. June deliveries in the south region fell MJ27.50 to 1,282.50, while north closed unchanged at $1,270 after a high
      151 words
    • 119 12 CBT soybean futures closed 12 to seven cents a bushel lower in fairly active trade. July settled near the bottom of a 9V« cent range. The sharp downturn, following last week's strong gains, reflected the forecast for rains in the mid- west this week. C and D commodities sold
      119 words
    • 130 12 ChlntM Produce Exchange (Seiers' mm cUm pnom m Jmm 11. S$/100 Coconut oil Bufc FOB 117.00 Otd drum FOB 190.00 Mm» drum FOB 134.00 Copfo Mix«d Qoom) 60 buyor» Poppef Muntok Whit* FOB NLW 905.00 Sarawak Whit* FOB toq NLW 895.00 S 775.00 Sarawak Asta Mack FOB NLW
      130 words
    • 287 12 Singapore M) rrogront new crop 1st 0.84 2nd 0.62 3rd 0.60 N»w Crop 25% no sto ck 10% no slock Thoi Broken A-«up«r 0 SpOOOl 0 56 54 Thai Kiel 55% no stock China Rico 10% 0, 17 15% no stock 25% no stock 35% no stock Thai Boilod
      287 words
  • Page 12 Advertisements
    • 157 12 Th» advertimneai appean m a matter of record only. U.S. 575,000,000 Floating Rate Depositary Receipts due 1991 mti by The Law Debeatwe Treat Corporation p.l.c. nidndq bHHwmI to payment of principal and Marat an deposits with Banca Nazionale deirAgricoltiira S.p.A. (Incorporated with limited liability in the Republic of Italy) London
      157 words

  • SHARE INFORMATION
    • 4084 13 WHILE blue chips held steady, second liners and speculative issues led the downtrend on the Singapore stock market yesterday. Trading was generally sluggish although total turnover rose to 7.11 million units from 5.7S million on Monday. There was some distress selling of certain stocks
      4,084 words
    • 165 13 SINGAPORE IndicM Ow Nay 241+10 t»» IM +1 >T Cm—mm ***** 707M3 Htm 490 M WTO* 1 376 Cm+m 90t 215 ■MS# l» Falls ♦2 2 ♦2 ♦2 ♦2 RoSsf* ST M m STMaMb STtofarMM ST timing *****09 *****11 ***** 79^7 *020 57 TBS 499JO OUI 113.49
      165 words
    • 2314 13 BID ud offer prices officially (1 listed and twdDM In and re- J ported to the Stock Exchange of (4 Singapore jUtiWhy with ths h number of share* traded abown a in brackets In lota of \jm unit» M un>— otbcrwlae «peclftod. All Tims Settlement
      2,314 words
    • 149 13 MALEX INDUSTRIES REREAD: Twenty-fifth AGM at No. 70, Jalan Ampang, Kuala Lumpur today at 10am. UNITED PLANTATIONS Berfcad: Sixty-forth AGM at Jendarata Estate, Teluk In tan, Malaysia today 10 JO am. EU TAN SANG Holdings Limited: Twelveth AGM at 85 Chulia Street, #1*00, OCBC Centre, Singapore 0104 on
      149 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 445 14  -  Good results encourage setting up of new plant By NAJEEB JARHOM ENCOURAGED by its better than expected profit performance last year, Federal Cables, Wires A Metal Manufacturing Bhd, which is affiliated to Pahang Investments PLC, has taken steps to expand and to provide a new line for
      445 words
    • 73 14 NEWLY-RESTRUCTURED Renong Bhd is acquiring a 71 per cent stake for MJ1.58 million in a property company which owns two pieces of land in the south-west of Penang. Renong said approval had been obtained from the Malaysian Foreign Investment Committee for the purchase of
      73 words
    • 327 14  -  By I RAMESH CHANDIRAMANI LEONG HUAT Industries Ltd's chances of being able to enjoy full tax benefits in future look slim. In a footnote to Leong Huat's latest annual report, the company auditors, Messrs Foo, Kon ft Tan say "future tax benefits arising from
      327 words
    • 369 14 SELLERS dominated trading on the Kuala Lumpur stock market yesterday, share prices to retreat across the board. Many counters recorded double-digit losses as investors continued to worry about further developmentsin the Hongkong banking The market started on a weak note and share
      369 words
    • 1664 14 BID ud offor prices officially listed and business in and reported to tbe Koala Lumpur Stock Excban«e yesterday, with tbe number of shares traded shown In brockets In lota of 1,000" unlts unless otherwise specified. MDUSTRMLS AjineiMto (3.065) A Choc (2.065) AMD (3.006 3.025X6) 3.00
      1,664 words
    • 462 14 MBf HOLDINGS will strengthen Its position in the flnsnrtal services sector, its core burinesi area, said chairman Tunku Abdullah in his latest annual statement. "MBf will continue to identify suitable investments consistent with its strength and objective to become a financial supermarket providing a
      462 words
    • 1233 14 Curi—> ix Beeks Dote Tetel for Tetd fer deM dose peyeUe Mm year Iwt poor A Entorpmos I2*(n) May 31 Jun 13 JU 3 22% 22% Acmo 5%<b) Jun 18 Jun 26 JU 15 5% 7.5% Am bouodor 7*«a» Jun 24 Jul 1 Sep 16 7U% 7*% Amol
      1,233 words
    • 104 14 HONGKONG Hong Song Inbox 1492.13 Tuesday Monday 1571.87 WNk ago 1643.35 TOKYO Tokyo Dow Jonas *****93 Tuesday Monday *****.24 WMk ago *****.31 TSE In* IX Tuesday Monday 1008.85 1004.90 WMk ogo 991.17 SYDNEY AMtroKon MMnai Tuesday 5*1.8 Monday Closed WMk ago Unav Australian Iim Tuesday J ust riots
      104 words
    • 207 14 Members'dtk*. t for Jww 12 Mngipow Unit Trust Tho Cenwam 1.82 'I W Tht Sowing* Fund 1.37 I.4S i S'por* Prog Fund 0.80 0.85 S port S*c Fund lit 1.25 S p<xi Iniwl Fund 087 0.92 S'por* Equity Fund 0.80 0.85 Asis Unit Trust Md ln«Mt Fund 2.04
      207 words
    • 545 15 imm, §SKDGGLm By HOCK LOCK SIEW ANTICIPATING the new ground rules which Finance Minister Daim Zainuddin plans for the securities industry in Malaysia, stockbrokers and remisiers there are preparing for change. For once, the two often antagonist groups may find that it pays
      By HOCK LOCK SIEW  -  545 words
    • 645 15 LAST FULL YEAR Cowpowr —-i rCfKM Date last year Year Net EPS (cents) Grow Net profit ($*000) Pohong Inv K L Industries Peak Huo QAF Ltd Murota Final Final Final Final Final Jan 31 Mar 16 Mar 27 Mar 30 Apr 30 Dec 84 Oct 84 Dec 84
      645 words
    • 409 15  -  By RAMESH CHANDIRAMANI CONFIDENT that property development is the right place for the company to be in, Duta Consolidated continues to venture further into this area and make it the group's main profit centre. "Tlie mainstay of our business will continue to
      409 words
    • 511 15  -  By CHAN OI CHEE TWO LEADING shipyards in Singapore have initiated an in-depth review of the ship-repair industry, the outcome of which will have indus-try-wide implications. Keppel Shipyard and Sembawang Shipyard have jointly engaged a foreign consultant to study the state of the Singapore
      511 words
    • 384 15 MULTI-PURPOSE Holdings Bhd (MPHB) managing director (operations) Tan Koon Swan reassured shareholders at the group's recent AGM that MPHB's stake in Malaysian French Rank (MFB) will at all times be not less than 51 per cent. Mr Tan emphasised that MFB which is
      384 words
    • 277 15 Bernama FEED MILLING will continue to be the core business of Sin Heng Chan (Malaya) Bhd (SHC) for the coming years. Chairman Eng Liat Kiang, in his annual statement, said SHC had confidence in the long-term viability of the production of food to feed the
      Bernama  -  277 words
    • 150 15 THE BOARD of directors of Emtex Corporation Bhd resolved yesterday that they would advise their company shareholders to reject the proposed takeover offer by MBf Holdings Bhd. MBf is making a six-for-five all share offer for the entire 76.31 million Emtex shares in issue,
      150 words
    • 768 15 EQUITIES closed firm on the back of encouraging company results yesterday, with trading quiet ahead of the offer for sale of Abbey Life today, dealers said. At 1430 GMT the FTSE 100 share index was up 9.2 points at 1.308.8. Life insurances were firm, still benefitting from the
      768 words
    • 264 15 IN AN ATTEMPT to boost earnings after a dismal 1984, Tuan Sing is looking into aquaculture and trading in China. The management is also intensifying efforts to rationalise the structure of the group, reduce group borrowings and pursue earnings improvement programmes within each
      264 words
  • Page 14 Advertisements
    • 0 14 /\_}$.>/@=)!}:(>)+-}/>/_@_\$;.-
      0 words
    • 70 14 EnMre Lmr ImM far jwu Ideally located at Meyer Place/Katong Only 15 Units 12 maisonettes Very spacious apartments from 2,088 sq.ft. to 3,584 sq.ft. Swimming Pool and children's wading pool Squash Court Barbeque pit Beautiful landscaped garden Children's playground Spacious Carpark Ckwed circuit TV security system For Enquiries k Bookings:H
      70 words

  • Page 15 Advertisements
    • 71 15 U.S. MARKET DISTRIBUTION HELP Selling your products into the large U.S. market can be difficult and costly. Now there is a U.S. company set up specifically to assist foreign companies develop a market strategy, carry out a representative or distributor search, and provide ongoing market development. If your company is
      71 words
    • 16 15 CAPAN J ACHE :5: II "-1- *vV Sot* Agent LIBB B K M ANN T«l *****B8Stngaooic
      16 words

  • 351 16  -  Downturn in electronics market By BOEY KIT YIN SGS SEMICONDUCTOR, hit by the continued depressed electronics market, has trimmed its workforce by about 200 mainly by not renewing the contracts of foreign assembly workers at its Toa Payoh plant since last November. The company will
    351 words
  • 176 16 Reuter CHINA hopes to come close to developed nation status by 2060 by t»Hn g on the challenge of the current technological revolution, Chinese Prime Minister 7Xtao 21yang said in Bonn. x Addressing businessmen on during a nine-day visit to West
    Reuter  -  176 words
  • 211 16 Bernama A TOP American banker yesterday said Malaysia has out-per-formed many countries in its economic development and the description of "an economic slowdown" in that country may be only relative. John Reed, chairman and chief executive officer of Citicorp, said: "What Malaysians
    Bernama  -  211 words
  • 94 16 Bernama THE CLEAN-UP of the Malaysian Chinese Association phantom member issue may turn out to be a costly affair to the tune of perhaps M 5250,000. Party sources said the current membership verification exercise being carried out by an independent secretariat staff from the
    Bernama  -  94 words
  • 143 16 Reuter FORMER US president Jimmy Carter said he believed -the Democratic Party would retake control of the Republican-held Senate in 1966 and could win the presidency in 1988. He said in a television interview in Hongkong that Vice-President George Bush was the most likely Republican
    Reuter  -  143 words
  • 321 16 Reuter THE OFFICIAL Soviet news agency, Tass, said yesterday that President Reagan's conditional pledge to abide by missile limits in the unratified Salt-2 treaty showed that Washington is still trying to destroy US-Sovi-et arms control accords. However, Soviet Foreign Ministry spokesman Vladimir
    Reuter  -  321 words
  • 276 16 Reuter A JORDANIAN airliner, hijacked at Beirut Airport yesterday, landed at Palermo Airport after being denied permission to land at Tunis. Police in armoured vehicle» surrounded the Boeing 727 after it touched down on the island of Sicily at 3.13pm local time after
    Reuter  -  276 words
  • 63 16 UPI FOUR PEOPLE have been arrested in connection with a recent series of bombings in East Malaysia. State police said yesterday that those arrested were local people were up soon after a bomb exploded near a cafeteria on June 4, killing a man and injuring four
    UPI  -  63 words
  • 126 16 AP MEHMET Ali Agca testified yesterday that Soviet diplomats ordered and paid for the assassination attempt on Pope John Paul n four years ago in St Peter's square. "The order to kill the Pope came from the Soviet embassy in Sofia (the Bulgarian capital)," said Agca,
    AP  -  126 words
  • 68 16 THE NEW YORK stock market edged higher in early trading yesterday in a new attempt to resume the spring rally. The Dow Jones Industrial Average was up less than one point to 1319. Advances led declines by an eight-seven margin on turnover of 10.58 million shares. Litton
    68 words
  • LATE FILE
    • 56 16 Reuter THE HONGKONG government said yesterday It will replenish the state-owned Mm Transit Railway Carp's share capital by injecting WEfU button into the Mass Transit Fund by IMS. A sum of 9LS billion would be received by MTRC this year and the balanre la
      Reuter  -  56 words
    • 34 16 UPI PHILIPPINE President Ferdinand Marcos, on the eve of a maartve Independence Day anniversary, yesterday threatened to leiiiiposc martial law if there is fighting in the streets. The warning oniwfens
      UPI  -  34 words
    • 28 16 UPI A SOVIET division, spearheaded by 4*oll Cracu forces troops, has lifted s year-long siege of u Afghan garrison buderlng Pakistaa, Sde^^S^^ird^
      UPI  -  28 words
    • 48 16 AFP TAMIL MILITANTS yesterday blew op a hosrhfront hold on Sri Lanka's eMt coast, seakr goverament sources said. They said the feroom Moonlight Buy Hold in Trincomaiee was rtumed and thrse-quar-ters destroyed by the early morning but no casuslttas were repor ted AFP
      AFP  -  48 words
    • 66 16 Bernama JAPAN'S crude oil imports in fiscal ISBS will decline by 7 J per cent from the previous year to 197 J million kUollters on falling domestic demand for fuel oQ. An advisory panel to the Ministry of firtornational Trade and Industry said yesterday that
      Bernama  -  66 words
  • Page 16 Advertisements
    • 237 16 4 I q i <-* a# -j' O f IK <. --zv tea < r»* 1 rt" .f O You've probably already heard of POSBLine. It's a banking service that's turned every push-button telephone on the island into a POSB outlet. "Fantastic," you say, "but what can it do for
      237 words
    • 142 16 Congress supports Rosgsn's decision, Pago 4 i- p»' r. How Cltißanklng'Electronk: L/Cfespeed tre tndeitor the goods to wur bottom line. trade The rules have changed. If you're still handling Letters of Credit in traditional ways, you could be creating unnecessary headaches for yourself. And missing out on profit opportunities for
      142 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 173 17 Seatrade Week trjT.THE FILIPINO plan to adopt •j*4he International Labour Orminimum rate of (or able seamen and wages for other seafarers is running into trouThe Filipino Association for ifij Mariners Employment (Fame) yfcgg started a strong lobby to gjftietain the current minimum
      Seatrade Week  -  173 words
    • 381 17  -  Frequency will be improved from 20 to 17 days By JUNE LIM NEPTUNE ORIENT Lines and its partner, Contship Containerlines, have taken steps to rationalise their South Asia-Europe service. The two parties will operate the service under a new masthead, the Euroasia Container Line. It
      381 words
    • 113 17 Opecna PERTAMINA, the Indonesian state oil company, has put the second of a domestically-built series of five small tankers into commission. The vessel, constructed by the Pelita Bahari Shipbuilding Company, was delivered to the company two weeks ago. The 3,500 dwt tanker, 89.30-metre long and 15-metre wide,
      Opecna  -  113 words
    • PORTSIDES
      • 82 17 AP POLICE FIRED rubber bullets on Monday to break up a three-hour battle with shipyard workers protesting the closing of their company and injured three workers in the northern Spanish port, police said. The clashes erupted when the shipyard workers fought police with stones after barricading streets
        AP  -  82 words
      • 39 17 Reuter THE AUSTRALIA Northbound Shipping Conference said its Australia to Japan and Korea freight rates will rise by 2.85 per cent, effective July 1. The new rates will remain effective until end-1985, the conference added. Reuter
        Reuter  -  39 words
      • 62 17 UTTON INDUSTRIES Inc's Ingalls Shipbuilding division said it was awarded a US$3B.9 million contract to procure long lead time materials to support construction of the US Navy's next amphibious assault ship, LHD two. The contract for construction of the ship is expected to be awarded in January
        62 words
      • 90 17 Reuter A NUCLEAR-POWERED British missile submarine preparing to dive off the Florida coast collided with a commercial fishing vessel, injuring the four people aboard the civilian boat, the US Coast Guard said. The 425-foot submarine Resolution and the 57-foot fishing vessel Proud Mary, out of Fort Pierce, Florida,
        Reuter  -  90 words
      • 48 17 AFP INDONESIAN authorities aprehended four Thai trawlers for poaching in waters off Berhala island, southeast of Medan, North Sumatra. The ships were caught by a Customs patrol boat with fresh fish on board. The ships and crew were taken to Belawan port for processing. AFP
        AFP  -  48 words
    • 635 18 Fairplay PIRAEUS BANKS have run out of patience. All along the Akti Miaouli, overseas headquarters have told their Piraeus branches to severely restrict lending to those members of the shipping industry who are still facing repayment problems. At the last resort branch banks have been instructed to
      Fairplay  -  635 words
    • 1785 18 CHARTERING was slack and rates depressed on the London freight market on Monday. Apart from grain and a handful of time-charter bookings, other sectors failed to generate new business. Argentine soyabeans featured in three 20,000-ton June shipments from the River Plate and Escobar to west coast Mexico aboard
      1,785 words
    • 826 18 A Top Em X i ABShpg V 5 Afoo Lm VI 3 Ahraniual Lmt X I AC Topatar X s Anro Sarvica VI 1/2 APC Una V 4 APL B 2/3 Amah Onant X 3 A/TOW UnM X 4 Alto Lrai A KB X 1 2 1
      826 words
    • 254 18 AMERICAN PRESIDENT Companies is now offering three services a week between Los Angeles and Chicago with the launching of its eighth cross-country train. The service is offered for both domestic as well as import and export cargo, said Donald
      254 words
    • 202 19 Reuter UPI AN ICEBREAKER equipped with a special helicopter has left the Far Eastern port of Vladivostok to rescue a Soviet research ship trapped since mid-March in pack ice in Antarctica, Tass news agency aid. The Mikhail Samov has been conducting research in the Antarctic
      Reuter; UPI  -  202 words
    • 491 19 Reuter SHIP SALES FOR demolition are slow, with substantially lower prices being offered by all major breaking areas, secondhand tonnage brokers said. Commercial factors and government pressure have forced potential buyers to withdraw from the market or limit their activities, they said. But they
      Reuter  -  491 words
    • 685 19 THE CONTINUING low level of activity on the freight market gave little cause for optimism concerning an improvement in rate levels over the past week. Though charterers were tempted into the coal and ore sectors by lower rates, the lack of participation in the key grain trades again
      685 words
    • 355 19 FT THE PORT OF Great Yarmouth in Norfolk has announced proposals (or one of the biggest UK harbour expansions in recent years, a £45 million project which it said would create up to 4,000 permanent Jobs in the town. Completion of the
      FT  -  355 words
    • 2985 24 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.
      2,985 words
    • 689 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location E Guard 009RE 12.6.85 2300 Green Asia F1 0900-1100/0900-1100 P3/S3 Uni Humanity 004RB 12.6.85 2359 Green Asia F1 0900-1000/1100-1200 P3 Uni Pioneer 005L 13.6.85 0100
      689 words
    • 1704 25 Who acts for whom The leading shipping line* operating from local ports and their agents. A-B A Top EnterpnoM Pte Ltd Sam* (S) At Shipping Bousteod Shpg Agencies Afoo Lm African Shpg AgenciM (S). Ahrankiol Liner Kim Shpg (S) Alfred C Toepter Oceoncis SNppmg AgonciM (S) Multiport Sdn Bhd (PK)
      1,704 words
    • 535 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 12 6 85/2359 Donom No 6 K16 NAPL alongside Hatt Senang K20 Kie Gwon alongside 12 6 85/1500 Hugheverett K35 Everett alongside 12.6.85/1500 Kris Melela K25W SSPL alongside 12.6.85/1000 Murroyeverett K2I Everett alongside 12 6 85/1200 Osa
      535 words
  • Page 17 Advertisements
    • 738 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be i forearmed $22.00. TIMES THE BOOKSHOP 70 Shenton Way *044)3 Mm* Hmm Saw Tat *****11 Trio NO RS ***** as of net ire #***** t* *****31
      738 words
    • 147 17 L PIRAEUS BANKS have run out of patience. All along the Akti Mioouli, overseas heodquarters have told their Piraeus branches to severely restrict lending. Page II SHIP SALES FOR demolition ore slow, with substantially lower prices being offered by all major breaking areas. Page 111 Index to odvertisers II London
      147 words
    • 792 17 Monthly from Pitman AvtUabh at good bookshops and IflTimes lIIU Distributors MAERSK LINE Voy |S* por* IEXPOBT TO USA. EUROPE. MDOU EAST. WEST AFMCAI ASA Penanq Vhul CT 17 km UN MB CFS —If Jm* 7XO MB 7/7 www i«/ 7 u/7 a/i a a aa a/7 mi ia a/7
      792 words

  • Page 18 Advertisements
    • 270 18 Y AM ASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA MIDDLE EAST at Tokyo Ha n fin |l n fli Ui ncnvc pvofin w Foodor at Kobo LVOIO IJ/7 IV7 WW* 11/7 14/7 17/7 1.1 imam np tip a. m 22/7 a/7 a/7 na MM" 27/7 a/7 TIXTO M 27/7 »/7 31/7 I
      270 words
    • 407 18 Zjl I M l m/i a* i a/i a/I IIV7 17/7 Supercarrier Service mcnc: w kM ivi ivi an an an an 1/7 in V 7 V 7 12/1 M/S Mfl W an an an an v* v» v* wi WT MHMLSJMU TUAS 17/1 TOUKOMC 26/6. BMKt PtBtUS 5/7 TO:
      407 words

  • Page 19 Advertisements
    • 592 19 The Straits Steamship Group <ncq* Mansfield Container Shipping PteLtd OvrMM Containers Limited mSTRAITS SHAPING Singapore to Sabah, Sarawak, Brunai Porta and Bangkok CONTAINERSHIF SERVICE 10 UK CONTINENT Wfiri U-V--•:ont ROM SFRVICt RSHiP 'NT KIM PJUmi Sport 15/1 l«/« 23/1 U/t n/t a/t •1/7 •7/7 M/ 7 15/7 17/7 21/7 HP
      592 words
    • 723 19 NOTICE Fill EAST! SUM, IMB JUI FAR EAST/MF r 5:11 11 The member Lines of the above Conferences have been monitoring the berthing situation at the underrated ports and have reported and agreed on the foNowing:Algiecfc In view of improved berthing conditions at this port, the congestion surcharge, currently 5
      723 words

  • Page 20 Advertisements
    • 491 20 V MfMf M/L Hapag-Lloyd '0 CONTINtNT UK 2M 22/1 1/7 27/1 2V« l«/ 7 4/7 1/7 2V7 11/7 U/7 W/7 2V7 22/7 |/a M/ 7 W7 tt/1 VI VI Wl 11/1 IV! 1/9 Tiaft it Scandnavia, IM, naunft to nana atsanjtM EXPORTS \%n 12/7 11/7 19/7 nn 22/7 21/7 2V7
      491 words
    • 117 20 MS L.INE tOKi 4 o**nas '.o* e FULLY CONTAIN EJMS E D SERVICE 10 lUROPf Vl* S«/ T MftrOf ol tt» Act Comottx" L ROM IUROPf VIA SDf J A of thf flcf Consort*jm U** i prnt MJ«c R«mmw( Im l«T* (20/6) U/6 22/6 23/8 26/6 1/? (27/ C) 25/6
      117 words
    • 430 20 VaS\ thong soon MEntis: m. HI. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88. TELEX: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANQ SINGAPORE TO SABAH SINGAPORE TO BRUNEI •EQUATOR V 13/15 k, Port 15 km I •JENSON IV SMR 15/15 17 Jun 20 Mn I "EQUATOR V SM
      430 words
    • 703 20 Q EVERGREEN full Conharpr SV'v c» Round-The-World East Bound Service (FE/C ARIB/USEC'EURO FE) no aMflo no sow mmsm/na golden 11 c« gouxm r no some no s»no 11 no on 11 MMOMMB/EM SOW* it na cum I uso AcarrvK cmco to 1) Hwm MMM. U«M MJMKTOM ETC 2) IIUMU. CMCMO.
      703 words
    • 268 20 dSINOSEI MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LIMES PTTTTTTTPv!?? RMEUMM ar* irav TO PAPUA NSW GUINEA/ SOUTH PACIFIC rm HMa( Ml hr ocemm coun 2*/t r. mm*. i». im tP'.-i 11-J ma vutii, nonura. nounti, LmWu, Suva, hp—**'. hfi, *P» OCEANA QUEEN 7/7 6/7 Lm. hM, P. Nmsby.
      268 words

  • Page 21 Advertisements
    • 601 21 V\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0 106 Tel *****33 EAST AFRICA/RFDSEA SERVICES MONQKONQ WMOAPOWt LOADMO KM: n-n/t n-zrrt hooooakaqaba 20-22/t M-W/f RCUMOM, MOMBASA, O'SALAAM MM 4-7/7 MALAAM. MOMIABA, HOOODAM. M-W7 IMV7 AD**, HOOCIOAH, JCDOAH, POUT I K ARACHI/M.E. GULF SERVICES a»-ti/t 10-11/7 -n-M/t VOYAGE
      601 words
    • 523 21 BENLINE CONTAINERS 1 y\T>< .n;. anv,>sa fi>:' ,ii. A.i Hi >ii Eaprwa trial 1 Oulu lay U/4 /U1 VESSELS ACCEPT TRAJ TO/FROM PENANG AND EAS L a« ILLI 130 IKJJEBSEN LINE fc. NFW ZEALAND ES Pi X SINGAPORE POfU *El*Nf, K IJMfUfr PENANG BE N l INE BENDER* BENDER* BE
      523 words
    • 439 21 DJAKARTA LLOYD INDONESIAN NA T m A i i !"\ir lITK' .i.':'.w.i*ti .ir Lfcui IMI/I 112/7 U/7 17/7 l«/ 7 IV7 2t/7 31/7 J-VI M/l VIVI iuvi u-a/i tut EKA JAYA AGF NCIES SISAL PTE LTD t PfMNt RORO CONTAiNfR SERVICE TO FROM AUSIRAIIA STQK AGENTS: PEPTIM AGENCES PTE LID
      439 words
    • 288 21 BOUSTEAD SHAPING AGENCIES Mnmst fetiml Um) Lu*« far Rjrimb \iß BANK LINE SPORE R'DAM HULL HMBG FORTHBANK 18 Jun 19 Jul 23 Jut 16 Jd MEADOW BANK 24 M 19 Aug 28 A»g 23 Aag IYUNDAI MERCHANT MARINE BULK TMMBt AND PLYWOOO tERVICC USA SERVICE PACfIC/Otf/ATLANTIC HRTS M«MU 2/7 kM
      288 words

  • Page 22 Advertisements
    • 975 22 USA CANADA K LINE KAWASAKI KISEN KAISHA, LTD. ASM STIR *37 ALSO ACCEPTMG OAST (beMlii DESTINATIONS INLAND vta IPI/MICKOWUDGE ROWLAND BMJI MOTHER *ESSEL STORE PKLG POMNG STORE T/S WIT LAA* OAttAl® VAN K fOHU» CAUFORNM MWE 18 Jun (BU) 28 Jun 10 M I 3 Jot QUEENS MAY MME *38
      975 words
    • 429 22 '/Ie CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTMNER/REEFER/BU.K SERVICE hr 105 ANGELES. SM FKANCSCO SEATTU. TACOMA. VNCOWER It ra/ra c»t—m •WNHfir PMm| Swpe<xi AUSTRALIA EXPRESS CONTMNER SERVICE Amftn fa/fa cmuwwj TJAJROK" 25/20 hw 27/71 Dm II Mr 10 My It My 7/1 My 14/15 My 11/77 My 73/24 My IS/10 A*
      429 words
    • 368 22 SANKD ASIA FROM JAPANESE PONTS AMD KOHORONC 0 lnmpkalb 2 OSA GRAM) 3 SUM LOTIB i bos am 5. PALNSTAR i RUT PMm k PI/13 M 13/14 In 14/15 JM 21/22 In am km am km 4/5 M tf MM» I U Pta. IM. 14 22R1421 MM MOM/MM MNH X7M/X7M
      368 words
    • 216 22 BREAKBUIK SERVICE TO EUROPE7UK faW toNrt MVT/M/VJL (MQ "S--mA T P.T POtUSAHMH PELAYMMM KALIMANTAN MECT WEEKLY SERVICE 10 JAKARTA ETA/ETD BBIMim ma V* 11/ ft 14/15 Jw Marta/CM* mMrl V» 11/14 fen MaU/a^w mi 11/15 19/21 lw Ma/Ma nwy u/» a/a i» MwWMa 11/14 lw T—l/ Ma Daily receiving cargo
      216 words

  • Page 23 Advertisements
    • 673 23 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): C CONTMSK 3HI Sailed In Port 1/7 2/7 4/7 6// K CHANCE 22*1+ (17/6) 19/6 8/7 9/7 11/7 13/7 HK CQNTMNER 45N (24/6) 26/6 15/7 16/7 18/7 20/7 OCHEF44N 1/7) 3/7 22/7 23/7 25/7 27/ KMCCJM2M (8/7) 10/7 29/7 30/7 1/8
      673 words
    • 283 23 HEUNG-A SHIPPING Korean Flag Veaaals r DO* AM SEMI CONTAINERISED DIRECT SERVICE TO P KEI ANG PENANG. BUSAN INCHON at% Ntt'lllf# 1 1 N >»\ 1 h lIINI j shN KHI f N v 7 r CEYLON SHIPPING CORPN nal Line of Sri Lanka mm FULLY CONTAINERISED SERVICE TO COLOMBO
      283 words
    • 547 23 jfcswsov SINGAPORE SOYTT SMPPMG CO PRIVATE LTD SMSOV BULDMG 55. Mart ft Straat Sinfoporo 0104 Toliphoai Nnbm *****3 (15 Ums) Cable Mdrau SMSOV SMMTORE Talai Numbars RS ***** RS ***** RS 251 M M/fsiWHKAT MM SOON »L M> IST AND 2ND FLOOR. (CMS Ml MM WW 23 VMI Qaw Paaaat
      547 words
    • 20 23 SIM SWEE JOO SHIPPING SDN. BHD. i EXPRESS TO BINTULU A«na: JAMBATJLN MERAH SDN_ BKD_ P. KeUng: *****6/7 K.L. *****7/*****1
      20 words

  • Page 24 Advertisements
    • 546 24 U?t'<|i»nal f .oiit;iinrr Lines ritfiMM Sailings weekly H f as Reliable Regular Punctual Berthing PS A Mon, Tue Thur Sat HINODE KiSEN CO. LTD MIDDLE EAST REGULAR UNEX I I.IK lit W 1 I I»"I < VKKII K F0RTM6HTLY FULL CONTAINER SERVICE OUUW 13 km 7 ktf 21km XH 21
      546 words
  • Page 24 Miscellaneous
    • 152 24 p y.<* v V v I 28 m h. K V Wind direction with qieed In toots Wave height SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7JOAJITMS MORNING. LEGEND? R Thunderstorm Temperature °C kiwVt A slower Weather Wind direction with qieed in knots lUta Wave height Cloudy Sky Surface winds an
      152 words

  • Page 25 Advertisements
    • 248 25 REGULAR FAR EAST SERVICE TO ANGOLA PORTS VSL STOK EASTERN ALPHA h Pt STOtt LOAD FOR:LPHA h Pt BQMBAY/LUANDA/LOeiTO/ SOYO/CABKM S<ngopor€ 195 Cad SkMt #07-01 I* ******7 Tta: ***** 3 mnrfrmim TO CHITTA6ONG BAYANIHAN SHIPPING PTE LTD I Mm) Tte M HW BATMAN MM (DMCCT LM) KOREA MORAN SHIPPING CO.
      248 words
    • 87 25 A JL. OCEAN BRIDGE SHPfING PTY LTD, FREMANTLE REGULAR SAWNG TO FREMANTLE M ffiLEN COAST FN 27/1 HO 3»/f Aftnfc Imkov Shipping Co Pto Ltd. 1« Cad #2MMS Ta| Eaf M| h|«n IIM I* *2*277 4 r 0) UNIBfIC (S) PTE LTD GLORY NAVIGATION GROUP uHiiiiimiEimij SJELATAN-S *21 UELATAN-7 VIC
      87 words
    • 218 25 PTE LTD I i I CO»i h i ry *r'r ACCEPTING v ■m ■m tlSii'.'iv_ LiL T-Jjil l-'il :.':r UN SHIPPING PTE. LTD. I •10«. Tut S3SMI4 IHWU WEEKLY SERVICE SINGAPORE TO KUCHING SIBU _]\>$!{^}]%>(+,\$'/%\]:.!${)-&@ LICORNE COOAL AGENTS SEAUON SWIMS (S) PIE LID. mum SALES/KXKPSS IE 22KSS1 (I rJUNER SERVICE
      218 words

  • Page 26 Advertisements
    • 266 26 EAST ASIA LINE (Malaysian Flaq) UfMT SOTteM Bttwtm NTSIA/S'PORE/INDIA P. Kelonq Penong S'porc Ldg for fei P«t 11/6 CNttafflnf IT MM 24/8 20/6 Madras PfXTMM 24/6 20, I MPAM/STRAiTS/MPAN SO VICES 16/6 18/6 14/6 R«/K*t/ Yokohama EAST ASM SVfM SON. BW. PJL Tit; *****2/36 MFBC Kl. T«t *****1/*****0 cava SHvrws,
      266 words
    • 231 26 (ED mmmmm II Imm bad. #22-14 M—Mm* T* *****11 (12 Lms) Irfn: IS 2H» Ft TUMI mi* K1 *****7/7311 M TU MA ***** EASTMT REGULAR WEEKLY SERVICE TO BATAM *B»ie Bintang Terang 0 cams HOUSt PTE. LID. fs\\ 545 Orchard Rd; #J)8 09A Far East Shopping Centre S pore 0923
      231 words
    • 585 26 1* C.Y. LINE (A Mtmbtr 01 The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUT CONTMOtBCD SOMCt TO EUtOK (Vtt SJt2) J'part CWH CONTMCI 30* kt P»1 KOKW CMUL 22* l»/« HOmOK COHTMO 45» onciru ct« m« 3/7 LMtant Ma* Film KW| kn M— > 1/7 2/7 4/7 1/7 7/7
      585 words
    • 776 26 Everett Lines COMPAHA PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Laa*a| tor CjiM MMvan to «*4 rf Mar Potior ports m» trMstapmrt «t I Or CT¥ Ml U*a| I* knt fetmte* P«M(' P. Kt(an| S<n(apart \A iMmonorn JOMEVEKTT Sinfipgrt G* K35/11 km 17/11 la 23/24 km 9/11 M <0! "EVERETT
      776 words
    • 268 26 ™Z I M NON-CONFERENCE MDEPQOENT FULL CONTAMR SERVICE accept* FCL/ICL c»|wt ts USA East I Ntst Coast. Carrfcbeanlast Canada M HMTI 12.7JS ***** H. 1.» 227JS UJS UK 22 7JS IJJS «XC M MM AUSTRALIA CONTAINER SERVICE ALSO ACCEPTMG La/Fa CARGO TO MX LAO VM ME I BOURNE GOLD STAR
      268 words