The Business Times, 19 June 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, JUNE If, IMS 60 CENTS
    12 words
  • 300 1  -  Alan Ow fer COMMISSIONER OP INLAND REVENUE THE COMMISSIONER of Inland Revenue has come out with an unequivocal statement regarding the tax treatment of interest incurred on the production of income. This follows reports in BT that remiBiers are unhappy about recent claims being
    300 words
  • 551 1  -  Overseas market grows by 42pc sy LEE HAN SHIH COMPUTER VENDORS enjoyed a boom last year and walked away with a record $174 million in their pockets. Apart from clinching about $383 million worth of domestic business, the more than 200 computer vendors in
    551 words
  • 107 1 Reuter WASHINGTON and Moscow have concluded a new deal on agricultural cooperation similar to one broken off by the US in 1960 in protest against the Soviet intervention in Afghanistan. US Agriculture Under-Secre-tary Daniel Amstutz said yesterday that the two sides had agreed to cooperate
    Reuter  -  107 words
  • 198 1 RISING fees at private car parks sent the cost of transport and communications up tor 0.1 per cent last month, but overall, the consumer price index remained unchanged compared with that of April. The 0.1 per cent rise in the cost of transport
    198 words
  • 554 1  -  By BOEY KIT YIN A SURVEY shows that nearly a quarter of Singapore companies operated at a loss last year, but 20 per cent recorded a growth In sales of more than 38 per cent. A preliminary report of the
    554 words
  • Article, Illustration
    63 1 BREAKING Its WMt*l«ag 4» w* tread, tie 81ig»p«re rt*ck iftot el—i slightly y wtcrd^y latwwt wrtrt< wledtw Murttn, Mi there were one mevemeiti reVetaune totalled CJf nrilHea ulta Md sdvaeeee •«team- M htmm 76 to 16. At the flail hell, the BT Composite Index rase L 63 psints
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  • 403 1 AFP Reuter KA WAH BANK had liquidity problems before it received a substantial standby credit from Hongkong and Shanghai Banking Corp and Bank of China, Hongkong's chief secretary David Akers-Jones said yesterday. He said: "Ka Wah had a liquidity problem. It was a case of
    AFP; Reuter  -  403 words
  • 107 1 Bernama THE MALAYSIAN Association of Banks has assured the public that the banking system in Malaysia is very sound and that it has no knowledge of any of its members which have failed to comply with the rules and guidelines stipulated by the relevant authorities. Association
    Bernama  -  107 words
  • 91 1 Reuter CHINESE Premier Zhao Ziyang yesterday visited Philips and the company announced a new Joint venture with China on his arrival. Mr 2>ao, on the third day of a four-day official visit to the Netherlands on the last teg of a European tour, flew from
    Reuter  -  91 words
  • 104 1 Reuter THE HEAD of a Japanese gold firm being investigated for alleged improper deals was* stabbed to death yesterday by two men who broke into his house, in full view of spectators, police said. Television cameras recorded the scene a# the two men smashed their way
    Reuter  -  104 words
  • Page 1 Advertisements
    • 146 1 OA FOR SUCCESSFUL OFFICE AUTOMATION 0 {EE MOT CHOW GROUP in mi milium in mmnnno rimipin niirwn Ipoft: W: Cfrtfttm Ipoft: >1: OMW .!`]\}_}/~_!>~}&$?&|$;?^^}\(_`_ Win tie up vour capital I Rent special equipment from I horn. 45" Projection Screen R9VMPJL (Multiple System) fIHH For audio-visual presentations at seminars, uL t
      146 words
    • 272 1 Uador, Pag* mm MONEY A EXCHANGES RAW MATERIALS AIRCRAFT CROSSWORDS TV ft RADIO BRISTOW OUR VIEW STRONG growth of the computer industry indicates o healthy trend. But it will not lost forever. Companies hit by slack business ore unlikely to buy new computers. Others might re-examine their needs and decide
      272 words
    • 3 1 stocks, Pag* 10
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    • 173 1 BALLY of SwiCzrrLinJ Sole Agent of Toyota Shop, Pogo 4 Forthemost efficient handling of your incoming and outgoing mail, you've got to hand it to Pitney Bowes. A 4' Folding Addressing Inserting Sorting Collating Counting Mail Opening Postage Stamping Cheque Signing Imprinting Pitney Bowes has been perfecting mailing systems and
      173 words

  • HOME NEWS
    • 552 2  -  By LIM SOON NEO SOME China-tour operators, concerned that poor service and facilities in China will affect the future flow of Singapore tourists to the country, are actively pressing the Chinese authorities for improvements. The consortium comprising Cultural and Entertainment Holidays Pte Ltd, Orient Vacations,
      552 words
    • 64 2 THE PORT of Singapore Authority will be carrying out dredging work for a trench between the mainland (at Penjuru) to Pulau Seraya for the laying of an undersea tunnel. The area of work will extend 200 metres on either side of the trench and
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    • 118 2 THE BOARD of directors of US multinational Emhart Corp will visit Singapore later this month, as part of a 15-day inspection tour of company operations in the Pacific Basin. Mr T Mitchell Ford, chairman and chief executive officer; said the company had pinpointed the 21 Pacific
      118 words
    • 280 2 SOUTH KOREA hopes to build up Asia as a tourist-generating market, and Singapore is included in its plans. The Korea National Tourism Corporation's main objective this year is to increase the number of visitors to its country to 1.36 million and boost
      280 words
    • 160 2 A "BUILDING FUND" is being started to support the Singapore Institute of Architects' plans to set up their headquarters in the old Tao Nan School. Honorary secretary of the SIA, Mr Chia Kok Leong, said in the latest issue of the
      160 words
    • 291 2  -  How the oil companies save water ®y BOEY KIT YIN SINGAPORE'f petrochemical complex'reduced its water usage and saved more than $1.56 million in water costs in a year. The Petrochemical Corporation of Singapore (PCS) consumes more than $1.4 million of water from
      291 words
    • 142 2 OIL COMPANIES have taken steps to cut down water usage but they are still the major consumers. In fact, the oil industry is using as much water as 250,000 residents in Ang Mo Kk) use in a month. >■ The eight oil-related companies in Singapore consume
      142 words
    • 139 2 ESSO, which began a water monitortag programme hi 1563 with seven metering systems, reduced its water usage by 33 rcent from the 1901 level. Its representative, Mr Rich•ard Tan, said at the seminar yesterday Oat Esso began water conservation in earnest four
      139 words
    • 197 2 MOBIL, with an Initial investment of about 1600,000 in 1963, managed to save 56,000 cumof water each month in the first quarter of this year. The investment was made to replace potable water with industrial water in the refinery cooling water systems. Industrial
      197 words
    • 118 2 SHELL Eastern Petroleum reduced its water usage from a peak d 154,000 tonnes a month to 106,000 tonnes each month in 1984 and is preparing to cut this further to 80,000 tonnes by the end of this year. Shell official Anthony Woo said the reliance
      118 words
    • 256 2 ORDERS and sales slumped at the Sixth International Leather Fair this year, reflecting the bad market conditions faced by the leather industry. The value of deals made at the exhibition, which was held at the World Trade Centre from June 5
      256 words
    • 258 2 TWELVE Australian companies sold $450,000 worth of building products at a two-day exhibition in Singapore last week and are expecting $6.3 million worth of orders over the next three years. Four of the exhibitors from Victoria state were looking for Joint venture partners
      258 words
    • 134 2 FENG SHUI the Chinese art of determining the correct design and alignment of buildings, towns and cities, is a topic of interest to many home-owners, architects, contractors and developers. Little wonder then that it will be the topic of a luncheon talk organised by the
      134 words
    • 286 2 SCULPTURE is slowly but surely gaining a position of prominence in Singapore. Testimony to this are the five pieces of sculpture, created by well-known sculptors from five Asean countries, which have been put up at Central Park. Supporting this are the sculptures already
      286 words
    • 92 2 THE SINGAPORE Jaycees Mer lion Chapter will hold its bimonthly orientation seminar to recruit new members at the Hilton Hotel on Friday. It aims, to recruit another 20 members to add to some 300 active members which form the organisation's eight chapters in Singapore. In April
      92 words
  • Page 2 Advertisements

  • OVERSEAS
    • 290 3 Reuter THE LEBANESE Shi'ite Muslim Amal movement and the Da-mascus-based Palestine National Salvation Front yesterday signed an agreement to end 27 days of bloody fighting in Palestinian refugee camps in Beirut. The accord, signed in Damascus in the presence of Syrian Vice-President Abdel-Halim Khaddam,
      Reuter  -  290 words
    • 202 3 AP Reuter THREE American crew members and some passengers remained on board a hijacked TWA jetliner at Beirut airport yesterday, airport officials add, while the whereabouts of other hostages remained unknown. Meanwhile, an unidentified warship cruised in the Mediterranean Sea, a few kilometres c
      AP; Reuter; Reuter photo  -  202 words
    • 329 3 Reuter THE MAJOR Tamil separatist guerilla groups in Sri Lanka have agreed to stop hostilities from yesterday, the Colombo government said. National Security Minister Lalith Athulathmudali said government troops would adhere to the arrangement. But he said troops would be compelled
      Reuter  -  329 words
    • 247 3 Reuter INDIAN Prime Minister Rajiv Gandhi has rejected the idea of a new round of world trade talks to reduce protectionism, a proposal put forward by the US, the European Economic Community and Japan. "No, we are not endorsing a
      Reuter  -  247 words
    • WORLD IN BRIEF
      • 80 3 AN EAST-WEST forum on human rights in Ottawa ended in failure on Monday when the 35 governments representing the whole of Europe except Albania, plus the US and Canada were unable to agree on a final communique after six weeks of debate. The failure was seen by some as
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      • 71 3 VIETNAM has accused the US of pressing Japan to step up its military build-up because of the Soviet Union's increasing military strength in the Asian-Pacific region. The Vietnamese Communist Party paper Nhan Den, quoted by the official Vietnam News Agency (VNA), said that Washington also wanted Tokyo to increase
        71 words
      • 48 3 THE NICARAGUAN government has confiscated properties belonging to one of its most outspoken critics, Enrique Bolanos Geyer, president of the country's principal business federation. It said the land was needed for distribution to peasants, but Mr Bolanos said the confiscation was a reprisal for his political activities.
        48 words
      • 55 3 THE SOUTH magnetic pole has shifted towards Australia to a point about 144 km off the Antarctic coast, according to New Zealand scientists. The reason for the polar movement is not known, but is thought by many scientists to be caused by changes in the electric current in
        55 words
      • 44 3 A SOVIET researcher says he has solved the mystery of how the Egyptian pyramids were built. Anatoly Vasilyev told the weekly Moscow News that the pyramids, which have baffled scientists for more than 5,000 years, were remnants of a small mountain range.
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      • 63 3 Agencies WHEN ROBBERS burst into his shop on Monday, jeweller Ken Markworth found the perfect hiding place for a £7,000 diamond he was about to set into a wedding ring. Police said he swallowed it. Two robbers, armed with a pistol and sawed-off shotgun, made off with gems
        Agencies  -  63 words
    • 103 3 Reuter THE OFFICIAL news agency Tass hit out at Western analysts who reported signs of a crisis in the Soviet economy. Referring to a major speech last week in which Soviet leader Mikhail Gorbachev called for improved productivity and better use
      Reuter  -  103 words
    • 244 3 Reuter PROSPECTS for major reforms in the European Economic Community, due to be agreed at a summit conference in Milan in nine days, appear very limited due to persistent opposition to wider political union. Community foreign ministers, meeting in Luxembourg yesterday to
      Reuter  -  244 words
    • 481 3 UPI FT THE US drew US$3O billion closer to being the world's largest international debtor during the January-March quarter, government economists said on Monday. The report on the US "bottom line" balance of payments with other countries contained more red ink than
      UPI; FT  -  481 words
    • 344 3 AFP WORLD ARMS expenditure rose by 3.5 per cent in 1964, totalling US$BOO billion ($650 billion It the 1900 rate). This figure included $70 billion to $80 billion on military research programmes. The Stockholm International Peace Research Institute (Sipri) said in its 1965 annual report yesterday
      AFP  -  344 words
    • 107 3 AFP CRUDE OIL Aould grow cheaper by between US$l and $3 a barrel by the end of this year and "the possibility of a greater decline exists" since output is expected to exceed demand far a farther two years. These are the conclusions
      AFP  -  107 words
    • 326 4 AP AFP THAILAND's Council of Economic Ministers approved on Monday a white paper that urges Japan to reduce its huge surplus in trade with Thailand by opening markets to Thai goods and helping develop Thai export industries. "To avoid negative consequences in Thai-Japanese
      AP; AFP  -  326 words
    • 120 4 AP AS PART of Japan's marketopening efforts, the Industrial Science and Technology Agency has asked its 19 national research institutes to buy more high-technology-related equipment from foreign nations. Masashi Oshita, assistant chief of the General Coordination Department, said a notification, sent last month in the
      AP  -  120 words
    • 254 4 AP GUERILLAS destroyed 20 air force planes, dealing a "major blow" to the Soviet-backed government of Afghanistan. The aircraft, which represent about a quarter of the Afghan air force, were destroyed at the shiwriand air base in western Afghanistan last Wednesday, according to an official
      AP  -  254 words
    • 225 4 UPI AN IRANIAN-BACKED Kurdish rebel leader has warned that his forces would attack foreign economic and military projects in northern Iraq and threatened to kidnap or kill foreign employees at the sites. "We are warning foreign companies not to go into
      UPI  -  225 words
    • 88 4 SWEET INNOCENCE prevails... motorists coins to a holt ss s mother dusk nonchstsntty Issds hsr dftitn ducklings across a busy Tokyo strsot to the moat of Ilia jaoanaaa Impsilsi Palaca. You cthiM say thav taka to iavwalklno Nka a duck to >>iv|rw«iw www wj ••twj
      Reuter photo  -  88 words
    • 231 4 AFP THE LABOUR government announced personal tax cuts for New Zealanders on Monday, two days after the government lost a seat in a by-election. Prime Minister David Lange and Finance Minister Roger Douglas said the tax cuts would be detailed in the budget next
      AFP  -  231 words
    • 163 4 AP AN AMERICAN embassy official in Jakarta has assured the Indonesian textOe industry that a bOl before Congress limiting US imports of textiles still is far from becoming law. According to the Jakarta Post, the official said: "The legislation process in the US
      AP  -  163 words
    • 149 4 AFP A BIG concentration of for-eign-owned factories was partially paralysed in Mariveles in the Philippines yesterday as thousands of workers walked out in protest against the country'» first nuclear plant. About 3,000 out of the 12,000-strong labour force of the Bataan Export Processing Zone, bousing
      AFP  -  149 words
    • 47 4 Reuter TAIWAN will set up promotional offices in the US and Europe to attract foreign investment. A senior Taipei official said yesterday similar offices set up by Singapore had achieved good results and Taiwan hoped its offices could bring in more capital. Reuter
      Reuter  -  47 words
    • 108 4 AFP SEOUL'S ruling Democratic Justice Party (DJP) yesterday branded South Korea's two opposition leaders as "the public enemy number one Opposition leaders Kim Dee-Jung and Kim YoungSam had warned that an "unfortunate and violent situation" would develop by next spring if the government did not agree to
      AFP  -  108 words
    • 198 4 AFP LAWYERS yesterday asked the Japanese Justice Ministry to order the dissolution of brokerage house Toyota Shoji (or alleged fraudulent gold futures sales. Lawyer Toshihiro Mild, leading a group of lawyers, submitted a petition calling > for immediate dissolution of the firm, which allegedly
      AFP  -  198 words
    • 751 4 Op—lot ARRIVALS SarviM Local From n—bir tm PAA PA21 0020 LAX/TYO/HKG UTA CAL MAS KAL MAS MAS MAS RBA SIA CPA If SAS UB SIA THAI SIA MAS OA SIA GIA MAS SIA OA SIA OA THAI SIA SIA THAI SIA KLM CPA MAS MAS MAS Al
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  • Page 3 Advertisements
    • 374 3 Of An ce .i---5 Wmm m. > <; A I CP* Pan Am has redesigned the Clipper Class cabins on every 747- loo's we fly to make sure it's the business class to beat. Enjoy the experience next time you fly one of our 747-100's to Hongkong, Honolulu or Los
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  • BANKING AND FINANCE
    • 371 5 Reuter THE LATEST PHASE in the liberalisation of the Japanese market got underway on Monday with the opening of a Euroyen floating rate note (FRN) market but syndicate managers were expecting a muted response from potential borrowers and investors. "There certainly won't be a
      Reuter  -  371 words
    • 116 5 FOUR SEAS Communications Bank (FSCB) will Join the shared automated teller machine (ATM) network of Over-sea-Chinese Banking Corporation from Friday. OCBC said yesterday that FSCB, its 99 per cent-owned subsidiary, had installed ATMs at its three branches in New Bridge Road, Orchard Road
      116 words
    • 585 5  -  sy ALVIN TAY ASIA Commercial Bank (ACB) will devote more time to consolidate and build up the bank's resources to prepare for the next upturn in the economy. Chairman Lee Hee Seng, in his annual statement to shareholders, said the bank would continue to
      585 words
    • 297 5 FT THE BANK of England has named 29 financial groups as the dealers in a radically reformed market in British government securities. Already, in London, there are mounting fears that the market will be too competitive and there will be huge losses. Since the
      FT  -  297 words
    • 88 5 Reuter THE International Monetary Fund (IMF) will lend Thailand! about US$5B5 million to help it! curb its balance of payments; deficit Even though economic con*-' ttons improved significantly last' year, the IMF said the country! was still suffering under the bur* J den of
      Reuter  -  88 words
  • MONEY AND EXCHANGES
    • Article, Illustration
      665 5 SINGAPORE The US dollar closed easier against most major currencies yesterday. Sentiment for the dollar remained bearish as speculation over a possible cut in the US discount rate gathered momentum. Some operators felt the Federal Reserve may cut the rate before its chairman, Paul Volcker, leaves for Tokyo
      665 words
    • 184 5 Interbank rates at 3pm yesterday: CMHWBf WIWW m— fHM fe ci rose parity Local dollors to om unit of foreign US dolor Storing pound Austrafian dolor NZ dolor Canodkm dolor 2 2250 2.8580 1.4774 1.0201 1.6246 2.2260 2.8615 1.4802 1.0228 1.6265 2.8196 7.3469 3 4286 3 4286 *****
      184 words
    • 252 5 Asian market OtpOVlT 7 day 1 month 2 moottn 3 months 6 months 9 months 12 months ratM us* OH* M 7 1/2 7 3/8 7 1/2 7 3/8 7 1/2 7 3/8 7 1/2 7 3/8 7 3/4 7 5/8 7 7/8 7 3/4 8 1/16 7 15/16 S
      252 words
    • 340 5 BA Futures Inc ALTHOUGH the BanMlar futures market faced a minor reversal on IMM on Monday night, the Simex opening saw the September contract opening higher at 92.26 in view of the low Fed funds and continued expectation of discount rate cut. The contract was temporary resisted at 92.28.
      BA Futures Inc  -  340 words
    • 258 5 HONGKONG: The metal closed slightly firmer in moderately active trading yesterday. Dealers noted moderate buying interest from overseas traders, as well as some short-covering. However, prospects for lower oil prices overshadowed the market. The metal closed at U*****.00/50 compared with the $318.50/319.00 dose in New York and $314.70/315.20 here
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    • 74 5 THE OVERNIGHT rate on the Singapore interbank money market fell V« -point from Monday to close at 4V« per cent yesterday. The one-month term rate fell 1/16-point while the two month rate rose 1/16-point. The three-month rate was unchanged. S$ Interbank rotes at 3pm yesterday: Offer M Ov«f
      74 words
  • Page 5 Advertisements

  • TRAINIGN & DEVELOPMENT
    • 777 6  -  By ALVIN TAY THE INSTITUTE of Banking and Finance (IBF) organised 21 training courses on financial futures last year, more than twice the number in 1983, to prepare the Republic for the start of futures trading on the Singapore International Monetary Exchange last
      777 words
    • 689 6 Seminars and courses DURATION June 27-28 June 27-29 June 29-30 June 31 July 1 July 1-5 July 1-19 July 3 July 4 July 5 July 5Aug 3 July 8 July 8-9 July 8-12 July 8-12 July 11-12 July 15 TfTLE Planning and Organising and Effective Expediting System Managing Sales
      689 words
  • Page 6 Advertisements
    • 196 6 V* Chase Home Financing makes it easy for you to buy your new house. T&ke a look at what we offer and youll discover there're many reasons for getting your loan from Chase. 1. Up to 100% financing with CPF savings. 2. No restriction on using monthly CPF contributions to
      196 words
    • 173 6 DAI-ICHI HOTEL The Excellence of Incernaticnal Standards, The Charms of Traditional Service. If traditional service and complete facilities make a difference to you, then stay at the Oaiichi Hotel (Singapore) Travelers and guests will discover restful comfort in our 420 luxuriously furnished guestrooms which command a panoramic view of Singapore's
      173 words

  • RAW MATERIALS
    • 468 7 Fears that farm exports scheme may not work NYT THE DETAILS of the Reagan Administration's new US$2 billion subsidy scheme to raise US farm sales overseas are still sketchy, but agriculture experts are already voicing concern that the effort may not only fail to increase America's
      NYT  -  468 words
    • 1029 7 COFFEE Robusta coffee futures showed no sign of reversing a recent price decline, ending the morning yesterday with losses from Monday night of £20 to £39 a tonne. The trend reflected lack of immediate concern over Brazilian coffee weather and firmer sterling against the dollar. Prices opened £7
      1,029 words
    • 161 7 SOYBEAN futures pared losses on the Chicago Board of Trade on Monday but was still 2V« cents a bushel lower in old crop to seven cents lower in new crop months. November finished at $5.63 V«, down 5% cents. Values fell from the start, depressed by weekend rains in
      161 words
    • 306 7 Reuter THE state-owned Food Corporation of India has suspended buying wheat from farmers because its warehouses are full. The president of All-In-dia Foodgrain and Oilseed Dealers Association, Bhani Ram Gupta, said FCI suspended purchases totally in major northern wheat producing states of Uttar
      Reuter  -  306 words
    • 234 7 SINGAPORE The market closed easier yesterday with July One RSS buyers quoted at 180.00 cents per kg, down five cents from Monday. The morning session lost 4.50 cents on lower overseas advices, trade selling and some profit-taking. Prices eased fractionally in quiet afternoon trading on some pre-holiday selling. The
      234 words
    • 273 7 RAS prices m S contt/kg, FOt m b olot NOON CLOSE Int 1 RSS Prompt 180.50 181.50N 180 50 181 50N Int 1 RSS July 85 180.00 181.00 180.00 181.00N Int 1 RSS Aug 85 176.00 177.00 176.50 177 OON Int 2 RSS 172.00 173 00N 172.00
      273 words
    • 93 7 (cwitsAg. 1-tan p «■•*> JULY 85 AUG 85 (currant month) (forword month) NOON NOON RAS Puytn r JOTtn Ivytn r jWtn SSR 20 158 50 160 50N 159 50 161.50N SSR 50 156 50 158 50N 157 50 159.50N MRELB C -M B«r* r SMR CV 213.50
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    • 115 7 PEBBIBTENT iverseM ieiuad ud a higher ehae la Luiw hiwiei the Kub Limpar Hi price IS eeata to N»H per kg yesterday hat It remalaed la the IT A tower raage ef $29.18 aad ff Japaaeae aad toeal latereat waa evMeat as the dtoeeaat agalaat the Laadea «pet
      115 words
    • 153 7 Yarn (h m% per bote of 400 lb) China carded yarn, cones Hue Phoenix 16'* 2,600 Bkje Phoenix 20*s 2,700 Bkje Phoenix 32'* 3,150 But Phoenix 40'* 3,500 Girded yam, honk Bkte Phoenix 21'* 2,950 Combad yarn, cone: 1 Bkje Phoenix 32'* 4,300 Biue Phoenix 40"* 4,500 Open-end yarn
      153 words
    • 73 7 WHEAT FUTURES on the Chicago Board of Trade closed steady to two US cents a bushel lower in light trade on Monday. Prices mostly declined in sympathy with weakness in neighbouring corn and soybean pits, where prices eased as trade concerns about crop stress were alleviated following weekend rains.
      73 words
    • 128 7 Chinese Produce Exchange (Seton' mm cUm pric* m Jmm It. S$/100ke) Coconut oil BufcFOB 117.00 Old dam FOB 130.00 Mew drum FOB 134.00 Copra Mixed (loose) 60 buyers Pepper Muntok WM« FOB NLW 935.00 Sarawak Whit# FOB faq NLW 925.00 Sarawak tpecial btock FOB M.W 790.00 Sarawak As
      128 words
    • 156 7 MALAYSIAN crude palm oil prices recovered from the lows on late shortcovering yesterday to close mixed following earlier weakness based on lower Chicago soybean oil futures. Trading was thin ahead of the Muslim festive holidays. June deliveries in the north region fell MHO to $1,160 per tonne and
      156 words
    • 271 7 (S$/kdo, n^odow) Frogront new crop 1st 0.82 2nd 0.62 3rd 0 60 New Crop 25* no stock 10% no stock Thai Broken A-super 0.54 Special 0.52 Thoi Rico 55% no stock China Rico 10% 0.86 15% no stock 25% no stock 35% no stock Thoi Boiled Rico 5% 0.60
      271 words
  • Page 7 Advertisements
    • 134 7 c The only thing that adds weight on this card is your name N CANON MY CARD CALCULATORS The little things that count The Canon My Card calculator is really an electronic marvel. Weighing just 23g and only slightly thicker than a credit card, it fits snugly into any wallet.
      134 words
    • 73 7 KE The American Club Northern Telecom (Asia) Limited Tang Design SSC B: Lintas SEA Sdn Bhd Phoenix Assurance PLC Santaico Trading Pte Ltd London Guarantee Reinsurance Co. Ltd McDonnell Douglas Ltd. Singapore Construction Industry Development Board Chilean Trade Promotion Bureau PROCHILE> Business Week, McGraw Hill Inc. Ramble Inn Thai Airways
      73 words

  • FEATURES
    • 483 8 BIG INCREASES in the sale of both computer hardware and software last year suggest that lean times had not obstructed the path towards a computerised society at least not yet. Findings of the 1984 National Computer Board survey are therefore encouraging. They show a healthy
      483 words
    • 1037 8  -  Dark horse of Excelsior Hotel tenders leaves Hongkong people speculating Last week, a little known company in Hongkong called Kuo Oil decided it would buy the Excelsior, a hotel located in the heart ot busy Causeway Bay and a favourite meeting place of the local populace. The
      1,037 words
    • 827 8 NYT THE SOUTH KOREAN government is coming under fire for policies that some say have led to a marked slowdown in economic growth. According to the Bank of Korea, the nation's gross national product grew 4.1 per cent in the first three months
      NYT  -  827 words
  • Page 8 Advertisements
    • 169 8 On target, CHART POINT every Saturday i Bti«^l t *.i sr i£ "tVv V Jl cA fo.o"^, x: ■«*> 7 Feast like a Mughal Emperor Rri- After the fasting comes the feasting. tf^€LAt the Cafe in the Park, it's a buffet-style >flr celebration, featuring some of the finest dishes North
      169 words
  • Page 8 Miscellaneous
    • 698 8 CRYPTIC PUZZLE ACROSS 1 Greta may be fine (5) 6 If you have sport with a politician, be careful (5) 9 A famous name in China (7) 10 Prays for a little water (5) 11 Lots of operations involving air travel (5) 12 Lack of confidence (5) 13 Where King
      698 words

  • SPORTS
    • 775 9  -  Study comes first as young bowler misses the SEA Games By ANNA TEO TIME is too long for 19-year-old bowler Zaza Matz. "I can't wait! I can't wait!" she cried as she talked of the "biggies" that she's got to sit out. The
      775 words
    • 581 9 MARTINA NAVRATILOVA and Chris Evert-Lloyd, who between them have broken numerous women's tennis records, made history again on Monday when they were named joint first seeds for next week's Wimbledim championships. For the. first time in the championships' history, the All-England Club's
      581 words
    • 323 9 AP HANA MANDLIKOVA, the No 2 seed, crashed out of the US$l5O,OOO Eastbourne women's grass court tennis championships on Monday when she was beaten in the first round by qualifier Carina Karlsson of Sweden Mandlikova held a 3-1 lead in the third set before
      AP  -  323 words
    • 795 9 NYT STEVE CAUTHEN rode two winners at Newbury, England, last Wednesday, but the 25-year-old Kentuckian's 65th and 66th trips to the winner's circle since the British horse-racing season began in mid-March were regarded as scarcely worth noting by sport writers and fans. They were still buzzing
      NYT  -  795 words
    • 179 9 AFP WORLD number one Johft McEnroe has decided to quit full-time tennis for the time being because of his romance with film star Tatum O'Neal, an English newspaper reported on Monday. The Daily Star, a popular tabloid, said that the 26-year-old' American will
      AFP  -  179 words
    • 73 9 AFP ANDRES GOMEZ, the world No 5, has withdrawn from Wimbledon six days before the Open championships are due to start. Gomez, who was seeded sixth at last year and would have been high in the list again, has been ordered to rest a troublesome arm
      AFP  -  73 words
  • Page 9 Miscellaneous
    • 1104 9 TO (MD mm -X' if Michael Cain* (toft) experiencing the 'chills' and 'thrill#' in Bsyond tha Po«aidon Adventure. PRE-HOLIOAY MOVIE Bayond Tha Poseklon Advantura 10.10 pm, Channal 5 Two groups of fortune hunters are out to salvage what they can from the ship that sank during The Poseidon Adventure. One
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  • INTERNATIONAL STOCKS
    • 185 10 Reuter RCA Corp has agreed to sell its Hertz Corp subsidiary to UAL Inc for U*****.5 million cash, the companies say. The transaction was approved by UAL's board and was approved in principle by the board of RCA. It is subject to final
      Reuter  -  185 words
    • 161 10 NYT VENEZUELA'S stateowned telephone concern has asked nine international companies to submit bids on the biggest telecommunications contract in the nation's history. The companies working on the contract, however, say that preparing bids will be an involved process. The state-owned phone company,
      NYT  -  161 words
    • 103 10 Reuter BURROUGHS and Sperry have ended merger talks that would have created the world's second largest computer company in a deal worth about US$3.7 billion. Burroughs said on Monday the talks were called off because "various concerns of Sperry's management made it impossible to negotiate an alliance
      Reuter  -  103 words
    • 354 10 Reuter THE STOCK MARKET declined in slow trading on Monday with early looses trimmed by some last-minute buying. Technology issues retreated again and created a downdraft for the market as a whole. The Dow Jones Industrial Average dropped by more than two points to
      Reuter  -  354 words
    • 164 10 JUNK 17 c$ bnp 01 Inco 49* 17* AMM IS* bit Pfov P)pt r 41 /Mean 33* tat UH 17* .2 Arjoan HMgt 22* Kmr Add LuMm B 16 20* imti Bank Nova ScoMo z;» 13* 2* 22* unch M Canada BP Can Ltd Blaicuii 43* 31* 29* Me*
      164 words
    • 261 10 UNMC 510 -10 JUNE 17 MM 1575 ♦25 A Afeto MOUCTVMa too -25 m An0ot MNGS 2900 AC And Q 135 785 unch~ inch SKT..zzE Qartw ***** 1)00 unch inch 75 Amaprop AMC 450 2800 ♦5 iMh 7425 Bartow 1200 -25 Cam Gold C G SmNh CNA 3625 275nd
      261 words
    • 584 10 AM 17 w» 41Alcan AJt*i«n rji im 24* 32 -tt *lldini> Lud 24* inch AM Oiw Cp AlkMmn Am Iwrii he 41* 3M 5* 6f unch undt Am froodcflri IIIH Am Can Co 56* Am CpanamM 49% -2* Am Bac P»r 23* 43* 3 undi TJTTwZ AnTdl Tal
      584 words
    • 705 10 Amsterdam JUM 17 ffc AM 494.00 +95 Atdon 99.30 +05 AhSd 231.00 +1 Akzo 107.40 wdi AMEV 248.00 +23 Amro Mi 79.70 +24 hU 36J0 +2 Bob 96.50 1.5 Bonui* ***** *3 Bjur Tot 91.00 -1 36J0 +2 CMm 472.00 uneh Dal Ml 128 40 +0.9 r±m*m *****
      705 words
    • 61 10 Reuter INCHCAPE PLC chairman David Orr has said perfor* mance in the first few months of this year does not alter his statement In the annual report that 1984's improvement in results could be maintained. In 1984, the company reported pre-tax profits of £78.9 on turnover of £2.00
      Reuter  -  61 words
  • Page 10 Advertisements
    • 457 10 a Wbere id wiae, tfiae aatfl entertain 'y /r:*' £f% 6 0 51 9> Time: 12 noon 2.30 pen Price: $12.(XT' Fashion Show: 1.15 pm Mod* by: World of Swimate Resident o-Usfeftnj r SNCAK* rw 181. KKchenar Road, Singapore 0820 Wj® T* *****22 /nfcaL fi >o A sumptous buffet lunch
      457 words
    • 106 10 TkA f ■■lifcial i rrsfiKvtfn tFfcng Chtng L6u Teodww Restaurant for the best Teochew delicacies in town. < Discover our famous dian-xin, deikious steam-boat Teochew porridge and other mouth-watering I delights prepared by Hong Kong K chefs. And feel like royalty while IC you dine in Oriental splendour. Open daily
      106 words

  • ASIAN STOCKS
    • 280 11 HONGKONG: Prices closed lower yesterday as foreign institutions lightened their holdings on concern over the health of the banking system. A late round of bargain-hunting helped trim yesterday's losses but soiling pressure continued in spite of news that HK Bank and Bank of rfttna extended a standby credit
      280 words
    • 189 11 JONt IS AJ Sincara todus Alio Camarrt KT 1.76 23 30 008 0.3 Lian Hwo Mui Nan Yo «as Pacific Cora Poafcc EWct It 35 26.20 1680 14.10 -0 45 0.2 -0.1 -0.25 Coihoy Cora Otong Hwo Bark 24.30 48.00 0.1 ♦0.8 Poolung Popar 1.03 16.20 004 -0.2 Chan
      189 words
    • 408 11 TOKYO: Share prices fell back after a firm opening yesterday, with early buying centred on domesticorientated and large-capital shares giving way to profit-taking and exhaustion at the end of a frantic day's trading. The market average closed 28.17 lower at 12,741.11, erasing Monday's 15.90 gain on turnover of 830
      408 words
    • 113 11 MANILA: The market closed firmer in quiet trading yesterday. The Mining Marker rose 5.75 to 680.10 and Oils firmed 0.004 to 0.781 while the Commercial and Industrial index fell 1.32 to 127.44. JOHt It hw MurU««l Oriental B 0.012 0001 Acom h&fwyQ 0.001 -0 0004 PM*x B 0 .1150
      113 words
    • 395 11 SYDNEY: Australian share markets closed easier yesterday in dull trading owing to a lack of interest by both domestic and overseas investors. Brokers said one of the features of the day was an 11-cent rise in the CSR share price amid further speculation the company had sold 49.9 per
      395 words
    • 81 11 JUNE 18 Won 670 +40 > ♦yundoi Con*» Hyundai Motor KAi. 917 688 487 -1 18 -II 644 50 708 V) 700 47 Yukong 1471 -ill 471 -14 Korea Ship Lucky Ltd 441 -14 488 j9 656 -15 Daewoo hd Dona Ah Go4d Star 600 516 -10 -7 Surmung
      81 words
    • 196 11 BANGKOK: Prices closed lower in slow trading yesterday. The Book Club index fell 0.80-point to 139.52 and losses led gains seven to three. Turnover dropped to 153,467 shares worth 30.8 million baht from Monday's 315,990 worth 23.7 million. Siam Cement lost 12 baht to 627, Thai Farmers Bank four
      196 words
    • 73 11 Reuter UNION CARBIDE'S Indian subsidiary has found favour again on stock exchanges, with its share prices reaching levels ruling before the company was hit by the Bhopal gas disaster. Vijay Gokhale, managing director of Union Carbide India Ltd, said that in spite of the demoralising
      Reuter  -  73 words
    • 271 11 A NEW company formed by Sun Hung Kai and Co (SHK) and Chi-na-backed interests will acquire two subsidiaries from the SHK group to carry out trading and investment activities in China. The vice-chairman of the SHK group, Mr Tony Fung, says its two
      271 words
    • 119 11 Reuter DAI-ICHI KANGYO Bank Ltd will issue 20 million new shares in Japan to raise about 30 billion yen. A company spokesman said the bank would allocate half the expected fund to capital, raising that fund to about 135 billion yen from the present
      Reuter  -  119 words
    • 127 11 Reuter THE BRITISH government has approved state-controlled BL PLC's plans for further collaboration with Honda Motor Co of Japan, including the Joint design and development of a new car, Trade and Industry Secretary Norman Tebbit told Parliament. Bl's Austin Rover Group (ARG) will manufacture
      Reuter  -  127 words
    • 311 11 THE DIRECTORS of the leading Australian manufacturing group, James Hardie Industries limited, have announced a one-for-five bonus issue following a 22Vi-per-cent lift in operating profits for the year to March 31. James Hardie has recently established a new Asian headquarters in Singapore. For the year
      311 words
  • Page 11 Advertisements
    • 148 11 M Vi %T r X m FOR FURTHER INFORMATION CALL <*so MUPfW*. •WF%J Live wire Gina Ler and her band Skorpio return to the lON BAR with more high-energy rock and roll. Catch her show every night. Also. CAMBOOIA A 6-piece outfit that adds a counterbalance with their repertoire of
      148 words
    • 243 11 Two styles of music nightly June Harris and Jetarraee. playing of sophisticated f JrXr*. ivories belongs to 101 l ja June Harris, with a vocal and repertoire to thrill and excite you. The other musical style belongs to Jeramzee, a local group. They're happiest playing 'swinging' music, jazz, fusion or
      243 words
    • 164 11 Level 4 m SB X i 4 rv?\ vV if Tap to the beat of the 'Joy Riders' or enjoy the tingling sounds of solo pianist, Tony Chan while you relax in the cool and tranquil atmosphere. Happy Hours: spm to Bpm 20% discount off all Bottle Sales 1 drink
      164 words
    • 75 11 WE COULDNT IMPROVE OUR SUNSETS, SO WE'VE DONE THE NEXT BEST THING. WE'VE DOUBLED THE PLEASURE OF THE VIEW. THE TRADEWINDS' SUNDOWNER HOUR. MONDAYS THRU SATURDAYS, FROM 5.30 PM 7.00 PM WHEN DRINKS COST ONLY HALF THE BAR PRICE. 'ml I* 'T Dine in the grand tradition of emperors ux
      75 words
    • 58 11 Savoury Delights Await Yon At I fbr reservations ccrtL 235 2698 or 734 6622 at 141/144 Luck: 11am—3 pm Dianen 6pm-11 pa 11 ORCHARD ROAD i M M Mimmmnf Ample Free Parking 19 Cankfl Grde od VWct Senrfce Sionnre *****U 734 6622 Q| I r Our Chefs. 1 Recommendation: 1»
      58 words

  • SHARE INFORMATION
    • 437 12 STRONG BUYING on the Kuala Lumpur stock market yesterday helped share prices to close on a steadier note for the first time in two weeks. Trading was (airly active but interest was focused on selected counters, some at which posted dou-ble-digit gains.
      437 words
    • 1818 12 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchan«« yesterday, with tbe number of sbares traded ahown In bracket* In lots of 1,000 units unless otherwise specified. MDUSTRMLS A Choc (2.095) A (SB (.868) Ajinonioto (2.905) Alcom
      1,818 words
    • 4130 13 TRADING on the Singapore stock market remained sluggish yesterday with interest centred on selected counters. Most share prices finished slightly higher. The BT Composite Index rose 1.63 points to 689.75 while the Straits Times Industrial Index added 3.87 points to 781.92. Total volume
      4,130 words
    • 195 13 SINGAPORE Rises Ind iicas N-B S0< 237 Si|M KM 221 Sm«H M2 HI iiiIi 9* 149 SM 306 M U 1 244 MOc M S0« 141 OCIC 909 T 710 Cn ii m 6m S t N 999 DBS 905 Falls 12 +9 +7 +4 +4 +9
      195 words
    • 2447 13 BID and offer prteea officially listed and fauefwM to and reported to tbe Mock Kxetoanoe of Btnfapore fwtwda? with the number of abaree traded shown to bracfceto to loto of IJHO unit, unlees otliarvtH specified. AO TtoM Battlement Contract» are quoted after the word "WTT".
      2,447 words
    • 175 13 CK TANG LIMITED: Twenty-fifth AGM at 310 320 Orchard Road, Singapore 0923 on Saturday, June 22 at 10.30 am. SING INVESTMENTS FINANCE Limited: AGM at 24-25, South Canal Road, Singapore 0104 on Saturday, June 22 at 10.30 am. BOLTON PROPERTIES Berhad: AGM at Room 502, 5th Floor, Campbell
      175 words
  • Page 12 Advertisements
    • 1410 12 rafeH CREDIT CORPORATION (SINGAPORE) LIMITED (Inrmrwvntfd in si EMPLOYMENT OF CAPITAL RXED ASSETS CURRENT ASSETS Amounts due under hire pur chose, lease agreements, factoring of trade debts, accounts receivable financing and loans and advances Goods on lease Trade debtors Other debtors Statutory deposit with the Monetary Authority of Singapore BiNs
      1,410 words


  • COMPANY NEWS
    • 365 14  -  By RAMESH CHANDIRAMANI THE TRANSFORMATION of Mount Pleasure Holdings Bhd from a textile manufacturing concern to a diversified property holdings group has begun to pay off. The company made audited pretax profits of M 56.12 million in the year to Dec 31,1984, just short of
      365 words
    • 251 14 ALLIED MALAYAN Development (AMD) is to acquire 96.6 per cent of the issued share capital of Global Insurance Sdn Bhd, a general insurance company, for M 557.4 million via a share swap. Certain vendors of Global Insurance will then make an offer
      251 words
    • 98 14 HONGKONG Hong Seng Index Tuesday 1427.08 Monday Closed Week ago 1492.13 TOKYO Tokyo Dow Jones Tuesday *****.11 Monday *****.28 Week ago ***** 93 TSE Index Tuesday 1011.57 Monday 1012.17 Week ago 1008.85 SYDNEY Australian Minings Tuesday 495.3 Monday 498.5 Week ago 511.8 Australian Industrials Tuesday 1213.7 Monday 1215.2
      98 words
    • 208 14 Mor>ogen' pricM for Mum 19 Singapore Unit Trust The Commarc* 173 *1.84 Th« Saw«gs Fund 133 1.41 S'poc# Prog Fund 076 080 S p<xt S«c Fund 1.12 1.19 S'pof# fovMt Fund 082 •087 S'poft Equity Fund 077 081 Asia Unit Truet Mai Invost Fund 2.00 2.13 Mat Prog
      208 words
    • 879 14 SHARE PRICES closed mixed In slack trading yesterday. Dealers said the market showed little reaction to UK April industrial output, manufacturing output, or public sector borrowing requirement figures. At 2.30pm, the FTSE 100 Index was little changed, down 0.5 point at 1,283.9. Allied Lyons gained lip to 218
      879 words
    • 406 15  -  By RAMESH CHANDIRAMANI OVERSEAS Union Enterprise Ltd has entered the race among local companies to build hotels in China with a US$6O million joint venture project. OUE said yesterday that its newly set-up joint venture company, Chung Sing Development (HK) Co Ltd had,
      406 words
    • 350 15  -  By CHAN OI CHEE A SUBSTANTIAL increase in sales and generally higher commodity prices have helped Harrisons Malaysian Plantations Bhd to turn in record profits for the year ended Match 31* 1985. Group pre-tax profits, including contributions from associated companies, nearly doubled to M 5189.5
      350 words
    • 98 15 UNITED Overseas Bank will write off an amount of $13.8 million, representing its total invest- ment in Overseas Trust Bank, in i the group's results for the half year to June 30,1965. The bank holds 19 million shares or a 5.7 per cent stake in
      98 words
    • 227 15 EVEN BEFORE the Australian securities watchdog body could approve the terms of Jack Chia (Australia) Ltd's first general offer of A 54.40 a share for Allen's Confectionery Ltd, Jack Chia has raised its bid. Tavda Pty Ltd, the bid vehicle used by the
      227 words
    • 321 15 NORSECHEM (M) Bhd. which has taken steps to diversify its activities, expects to report improved profits based on its enlarged operations. Chairman Datuk Mohd Salleh Yusof said in his annual report that the group was widening its activities to maintain its long-term profitability. This was because the
      321 words
    • 173 15 OVERSEAS UNION Enterprise Ltd said at its annual general meeting on June 18 it was resolved that approval be given to directors to issue shares in the company, provided the number of such shares does not exceed 10 per cent of the current issued capital. The board of
      173 words
  • Page 14 Advertisements
    • 705 14 THE CHASE MANHATTAN BANK. N.A AND SUBSIDIARIES HEAD OFFICE: 1 Chase Manhattan Plaza, New York, New York ***** CONSOLIDATED STATEMENT OF CONDITION ism mi (US$ in thousands) CONSOLIDATED STATEMENT OF INCOME (USI in Cash and Due from Banks. Interest Bearing Deposits Placed with Banks. Federal Funds Sold and Securities Purchased
      705 words
    • 91 14 p BANK OF INDIA (London Brandt) U.S. $20,000,000 NEGOTIABLE FLOATINQ RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE 19TH DECEMBER, 1986 (EXTENDABLE AT CERTIFICATE HOLDER'? OPTION TO DECEMBER, 1988) In accordance with the provisions of the Certificates, notice is hereby given that for the interest piftod from 19th June, 1985 to
      91 words

  • Page 15 Advertisements
    • 0 15
      0 words
    • 1670 15 INTERNATIONAL BANK OF SINGAPORE LIMITED (Incorporated In the Republic of Singapore) 267,604.710 4C3.567.7t21 I 387,929,796 ***** Mm *****426 *****,706 1017,660 *****410 t.971,746 19,1912 M 1419.172 to Company 877.199.493 806,213,887 806^13,067 942,191.194 241J6CJW 942.191.104 *****6490 ********** 1,047,579,796 *****69.797 1,047,578.966 977.199.493 *****3467 906,213,067 J Obioaftoro ptrContn *****6480 342.11.194 *****6499 ********** 1,047,679,766 *****69.797
      1,670 words

  • 559 16  -  Singapore expected to record another capital account surplus By ALVIN TAY BANKS brought in $700 million worth of net interbank funds, mainly from the Asian dollar market, in the first quarter this year even though there was a sharp slowdown in
    559 words
  • 386 16  -  By CHUANG PECK MING ABOUT half of Esso Singapore's nearly 1,000 workers wore red arm-bands yesterday to protest against what their union described as the unfair dismissal of three unionised workers. The management of the American oil company, while acknowledging the "termination"
    386 words
  • 288 16 Reuter CHINA has announced a major government reshuffle, bringing in technocrats to head key ministries connected with economic development and putting a vice-premier in charge of education. The official New China News Agency (NCNA) said nine ministers were replaced in the shake-up,
    Reuter  -  288 words
  • 308 16 THE NEW OWNER of Mount Elizabeth Hospital, National Medical Enterprises (NME), will spend US$lO million to upgrade facilities at the medical centre. NME, an American hospital group, is believed to have paid $164 million for the deal. Financial arrangements for the purchase from
    308 words
  • 163 16 COMMUNITY CHEST fund-rais-ing programmes have hit the right note in the hearts of men and women at the Singapore Armed Forces —18,000 SAF personnel contributed $600,000 In the past 12 months for the Chest's "Share" programme. The average contribution of |3 per per sou
    163 words
  • 387 16 PROPERTY OWNERS put up a Vmg miH hard fight in the last financial year, but ended up paying the government a record $L 25 billion in property taxes. About $180 million of that amount was a windfall for the government, which expected no more
    387 words
  • 98 16 UPI PALM BEACH high society is angry about a Doonesbury comic strip series that lampoons the stylish city of millionaires as a bastion of bigotry. "We're just the target of some very Jealous people," said Mr Jesse Newman, the president of the Palm Beach Chamber of
    UPI  -  98 words
  • 76 16 Reuter THE New York stock market edged higher in early trading yesterday, climbing past the 1300 level. The Dow Jones Industrial Average was up three points to 1301 while advances led declines by a five-four ratio on volume of 9.08 million shares. RCA led the actives, up
    Reuter  -  76 words
  • LATE FILE
    • 65 16 Reuter SHTTTE Muslim Amal leader Nabih Berri yesterday treed Greek pop star Demi* Roossos and two other hostages held with the |mi ssi imi n and crew of a hijacked American airliner since Friday. Berri treed Mr Roussos, his American secretary Pamela Smith, and a Greek-American
      Reuter  -  65 words
    • 52 16 Reuter US COMMERCE Secretary Malcolm BakMge has predicted that housing starts would bounce hade quickly after a 13.7 per cent decline in May. He noted that honing permits rose slightly in May and said that faltti« interest rates were a good omen tot- the
      Reuter  -  52 words
    • 43 16 Reuter INDONESIA hat allocated farmers a special Maad where they can breed pig* for dining tyMf in awppwr» Indonesian Agriculture Achmad Aftaadi was quoted as saying pig (arms would be set up in Bulan Island, just south of Shigapore.
      Reuter  -  43 words
    • 57 16 Reuter THAILAND'S air force will buy 12 US-built flfi fighter aircraft worth USt3IS million, i. rk .HI I f(t n Deputy uetence Minister r*anieng Kantarat said yesterday. Thai oWVialB are expected to sign a contract with US representatives to buy the Jets under the US
      Reuter  -  57 words
    • 36 16 Reuter REBEL MEMBERS of the British Parliament belonging to the ruling Conservative Party failed yesterday hi an attempt to stop government plans to bufid a third Internationa] airport tar London
      Reuter  -  36 words
  • Page 16 Advertisements
    • 66 16 G,OONCORDi uLA COSTA I*l v\ A 1 i M iV "V <* V, V. &A," «•> J The Concord La Costa. Swiss handcrafted. 18 karat gold, blue chromium-finish, stainless steel, with or without diamonds. Quartz. Water-resistant. CONCORD. THE NAME IS A LEGEND, OWNERSHIP A PRIVILEGE. Singapore Authorised Dealers Asia Watch
      66 words
    • 102 16 */`_&+`~%*:"!)=``"'_!(&+*%/%:}< There's never been o better time to buy Australian. The favourable exchange rote has mode Australian products and services even more affordable. On the business front, Australian imports hove become more competitive and therefore more lucrative. In fact, prices are now lower than ever and may be lower than
      102 words
  • Page 16 Miscellaneous
    • 50 16 vmtsm .fin aL >n«| mi Mfifk vIITIOOR TOr TOOOf* Report for 24 hours prior to 7.30pm on June 18 ot lb* airport: Mmiimirm IITf 317 Associatadhumkfity 55 M'-V— tnmporotur* 24.3 A—cintad Imwitfty ..96 Hoars of hmUm 3.55 IoMI in niWiwlrw 0.4 Rainfoli Hw> month 31.7 Rainy days tiife a»ntli 11
      50 words

  • SHIPPING TIMES
    • 190 17 Reuter THE SOVIET Union has plans to improve the quality of its merchant marine fleet over the next five years, but would not build or buy as many ships as it has done recently, a Soviet senior official said. Vadim Pervov, head of
      Reuter  -  190 words
    • 166 17 Fairplay SOUTH KOREAN shipowners are calling on their government to adopt a tough line on cargo preference policy in order to support the domestic shipping industry. The country already has a cargo preference policy calling for government cargo to be shipped on Korean bottoms. However, domestic owners
      Fairplay  -  166 words
    • 349 17  -  By G DURAIRAJ PERBADANAN Nasional Shipping line is expected to take delivery of its first bulk cement carrier in August this year. The vessel will be the first of the two carriers now being built at the Sabah Shipyard Sdn Bhd in Labuan. General manager
      349 words
    • 112 17 THE STATE-OWNED South African Transport Services plans to invest about US$75 million in enlarging the Ports of Richards Bay and Durban. Three new berths will be constructed at Richards Bay, one for loading bulk cargo and the other two for clean goods like paper and ferro-alloy.
      112 words
    • PORT SIDES
      • 71 17 LYKES Bros Steamship has appointed two new vice-presidents. Mr Joseph T Lykes in will assume the position of vice-president pricing and marketing information. He will be based in the corporate headquarters in New Orleans. He has previously worked as owner's representative for Japan, Korea and Europe. Mr William
        71 words
      • 90 17 FELIXSTOWE is maintaining its position as Britain's premier tea import centre and Bristol has now fallen back into third place behind Liverpool. The east coast port received 23 million kilos of tea (42 per cent of the traffic) in the first quarter of the year,
        90 words
      • 49 17 UPI BRITISH PETROLEUM-Australia has ordered a 31,000-deadweight-ton tanker from Mitsubishi of Japan to replace its 18-year-old product carrier BP Endeavour, which is expected to be sold for scrap, BP in London said on Monday. The new vessel is due for delivery early in 1987. UPI
        UPI  -  49 words
      • 99 17 Reuter CHINA WILL build a 100-berth port capable of handling 50 million tonnes of container and bulk cargo a year at Dalian in Liaoning province, the New China News Agency (NCNA) said. NCNA said the facility, to be built at Dayao Bay, would become China's largest port.
        Reuter  -  99 words
    • 632 18 Fairplay SVEA IS THE NAME of the national symbol of Sweden. In performing her role today, however, the Swedish government is also obliged to repair the damage inflicted upon the nation as international markets collapse. In the case of the marine industries, the government has been left
      Fairplay  -  632 words
    • 1551 18 VERY quiet chartering is reported in all sectors of the freight market on Monday with fixing mainly confined to time-charter and iron ore business, shipbrokers said. Chinese operators secured two vessels to China comprising a 29,000 tonner from Constanza at US$4,lOO daily and a 15,000 tonner from Brazil
      1,551 words
    • 854 18 A Top Em X 1 AiShpg V 5 Afoo Una VI 3 Ahrankial Unar X AC Toapfar X s APC IM V 4 APL 2/3 Ant oh Onant X 3 A>ro« Una* X 4 Altai Lmas X 4 Anro Saonca VI 1/2 AM. 1 1 ASCL 1
      854 words
    • 121 18 WARTSILA DIESEL Vasa 32 engine has proven to be quite popular among the new generation of semisubmersibe rigs. Wartsila says that 14 of the 20 fleep-sea semi-submers-ibles constructed to withstand harsh conditions have been fitted with the engine. The rigs most of which
      121 words
    • 222 19 UPI JACQUES COUSTEAU piloted hisexperimental windship Alcyone into the sun-dappled New York harbor on Monday, ending the maiden voyage the famed oceanographer says will revolutionise sea travel. "She is beautiful at sea, she rides beautiful," said Cousteau, who piloted the novel ship from a cabin
      UPI  -  222 words
    • 425 19 Lloyd's List THE DEEP SEA section of Dublin port will close indefinitely because of failure to reach agreement on a package of redundancies for dockers. The long drawn out dispute over manning the section has come to a head with an announcement from stevedores
      Lloyd's List  -  425 words
    • 801 19 AFP DULL CONDITIONS prevailed over the past week on the freight market, where traditional summer lethargy appeared to have taken hold. The very low level of business in each of the major sectors dispelled any hopes of an early upturn in the market, a situation also reflected in
      AFP  -  801 words
    • 183 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FA* EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shiDDing. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd
      183 words
    • 106 19 NAVY PATROL boats seized a Japanese fishing vessel allegedly operating in territorial waters off the country's southern coast, Argentinian Naval officials said on Monday. Warning shots were fired across the bow of the boat, the Sujiki Maru 51, when it tried to flee Just before being caught
      106 words
    • 3004 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.
      3,004 words
    • 661 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Iris Ace 07B 20.6.85 0700 Sunship F1 0700-0900/1700-1900 U4 Sea Hawk 8525 206.85 0700 Eastern M F7 1300-1500/1800-1900 L6 K Kanevskiy 206W/85 20.6.85 0700 S'pore Sov F5
      661 words
    • 1706 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—( A Top Enterprises Pte Ltd Some (S) AB Skipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S). Akrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceania SNppmg Agencies (S) Multiport Sdn Bhd (PK).
      1,706 words
    • 439 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 19.6.85/1500 Banff K15 Borneo alongside Builder II K23 Thong Soon alongside 19.6.85/0700 Naf'nal Trust K35 Kim Trdg alongside 19.6.85/0900 Nile K3I LN Shpg alongside 19.6.85/1200 Pole Star K29 Leo Shpg alongside 19.6.85/1200 Hosei Maru K18 Sankyo 18.6.85/2200
      439 words
  • Page 17 Advertisements
    • 419 17 Monthly from Pitman Available at all good bookshops and newsagents 1 |n Times 111 Ity Distributors Hei«£ Agents: 70 Stanton Why #04-03 Km Horn Sagi I# *****11 Tctaa NO: RS ***** CFS OfFCt TfC #03-029 T* *****31 21 Tcmwuri OHct TFC #o*o3o T* *****90/ ORIENT OVERSEAS ComLUUA, LINE MIAN MM
      419 words
    • 130 17 MiDi SWEDYARDS, the state-owned shipbuilding corporation, continues to reduce its capacity as construction and repairs dwindle. P«g« II THE DEEP SEA section of Dublin port will close indefinitely because of failure to reach agreement on a package of redundancies. Pag« 111 Index to advertisers London freight Weekly freights Consortia A
      130 words
    • 515 17 A hard look at what it will take to succeed in business for the next 20 i years With turbulent times ahead. forewarned will be forearmed $22.00. MAERSK LINE P«nang Vmml USA. EUROPE. OMMUmi or i; m 1400 HB CfS —17 km 0700 MB tt 17/t 1400 MB CfS 17/*
      515 words

  • Page 18 Advertisements
    • 398 18 YAM A ***** A-SHINNIHON LINE COMTAMCR SERVICES USA/CANADA Tokyo rsodor at Kotoo ni IMS m Mvm WT w m nn on, lmb nn nr m vn »n ran* u. vn nr, m vt i/t wi a vn ar on li/s u/i mm 12/1 u/< accepting LCL Cargo for USA Porta
      398 words
    • 416 18 ujL i 2 11 Supercarrier Service L' MM 2V* 27/1 M/l 1/7 1/7 1/7 12/1 14/1 1V» M/l 2VI M/ 7 17/7 a/7 22/7 23/7 21/7 C/l 1/1 VI 11/1 a/7 vi 7/t u/i u/i ii/t iv> a/i a/i a/i 1/11 KIT MBBVN.S TOUKOMC 24/1 MOO PIBtUS J/7. BMHX ICCTOt
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  • Page 19 Advertisements
    • 681 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd OCL Overseas Containers Limited STRAITS SHPPWG Singapore to Sabah, Sarawak, Brunei Ports and Bangkok I CON!*INERSHIF SERVICE TO UK CONTINENT XOMLOON BAT COT* DNN Tpm* Plata a/I TIH 27/ c a/i 04/7 M/ 7 11/7 13/7 a/7 a/7 a/7 a/7 m/i
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    • 464 19 Franco Bt-Ujuifi Services f+r E~X*. y- I* uv. n Hf t j./r»i lilli'J.'.J MIMRIHUf A( f i ONSDKIIIIM i, --mmm r CHARGFURS HAVRAISF ML Jfc A I INF /TiihV Jfc (M'O CtUR MfMBFfl T f 1(M 17 M Po'' V'OC I ng j»v« STSAC'i «ng &324S Optorg Shipping Pie. Ltd
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  • Page 20 Advertisements
    • 480 20 Hapag-Lloyd !0 coniinini.uk EXPORTS 12/7 l|/7 IV7 a/7 a/7 iv 7 nn */7 1/1 l/l 4/9 VI U/l U/l IS/1 a/i a/i a/i a/i a/i a/i VI VI i/» On ciniat* ta Scmdharo, IM, Cxribtin iS. America 9 WMi iNMtaf* te hM destinations to Europe EM Hdmmt 2V« a/I 2V*
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    • 174 20 FULLY CONTAINERISED SER VICE 10 EUROPt VIA Sl*/ T Me-nfcf- pt (hf Acf I onvxtMn Span PJMmi LaMawt t4m FdMM ITW| Uh* COHTUR 4SN 20/6 (24/6) 15/7 10/7 10/7 20/7 23/7 MB 44« 1/7 1/7) 22/7 23/7 25/7 21/7 30/7 »m 10/7 1/7) 20/7 30/7 1/1 if* 0/0 ITJMI 3011
      174 words
    • 260 20 CONTAINER FEEDER SEHWICE Ul« MMVMi/UIMH TDK 1 Kil 325 SJ>M Btdg, SUom Rd, T»i. *****03/5 Wm sm cmao smppi AGENCY PTE LTD Da* af Ofca M*k> #1441 mrvan m tirM /m #IMI MMK IEL *****1 mo no. its Km/* mm tSMMMBMUB STOK PJUJMG PNG IK Ffli mmm 25/27 Jm f
      260 words
    • 679 20 o EVERGREEN fjl Container Round-The-World East Bound Service (FE/C ARiB/USEC/EURO/FE niR SMOf r*l EB BUBI k n a/7 */7 i/i vi n/i j»/i j/7 vi 7/7 1/7 a/7 */7 1/1 vi 2/7 4/7 7/7 Iff 12/7 Mff Mff VI 7/1 Iff 11/ l V 7 IV7 IV7 IV7 IV7 21/7
      679 words
    • 200 20 mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF FRAN SHIPPING LINES i rvi rrr~T7 sr" ir2L\—, KYOWA LINE TO PAPUA NBW OUtNCA/ SOUTH PACIFIC I*3. ■•I IA a ■iMjii ia Sm, Npeette, ftp, SUN UNION LINE "?TTT?TTTTTiT marine line WEST AUSTRALIA SERVICE vsl n. humg rrm rmumt rwmu PMARD EMTAT US
      200 words

  • Page 21 Advertisements
    • 631 21 PACIFIC INTERNATIONAL LINES Pll Building. 140 Cecil Stieet. 03-00 Singapore 0106 Tel *****33 EAST AFRICA/REDSEA SERVICES VOVAOE HONQKONO SMQAFOM LOAOWQ FOR n-Mt* mooobakaqaea *rt 5 SERVICES KARACHI/M.E. GULF n rr UWAIT 22-24/7 2S-2S/7 11-13/S 15-IS/6 5-7/7 I 5-15/7 119-22/7 5-10/5 *7-1/7 15-20/7 *TT 10-11/7 SERVICES COLOMBO/CHITTAGONG/RANGOON j «r CHINA SERVICE
      631 words
    • 472 21 BEN LINE CONTAINERS Win' If; t-- 1 II 3.1 MI VESSaS ACCEPT TRAM TO/FROM PENAMG AND EAST |KJ JEBSEN LINE NEW ZE Al AND 21/7 an f 3 3 SINGAPORf PORI Kit ANC K lUMPUP PEMNG Bf N I BfNOIRA RJNOfRA BfNDfRA Ifl ?73/ <4 Ul" 38ft 1 1 HI
      472 words
    • 505 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINf mm 3P XI.Mi wm/N list IV* n/% a/i mm nn n/« v? I/i 24-25/4 12/7 11/7 17/7 lt/7 14/7 24/7 rra* kmom vmh/v/mm hmmbo HI/7 n/7 J-S/l M/t 4-14/1 24-22/7 14-14/1 19-12/1 23/4 ram. «11. i a. EKA JAVA AGENCIES v SISAL PTE LTD Ml
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    • 400 21 BOUSTEAD SHIPPING AGENCIES W Vim ntartmnnrywa V255M 22/23 M* Htomywa V2B2W 22/24 Mm Pm WSW 2/5 M TWra VWH 2S/2S Jm Lm*| tar IK. fN BURMA FIVE STAR (Burmtsc National Um) Loxfc« tor Ranfoon n FJMmk N BANK LINE *>*:v. 2"AJL t J J.i'i>!* ('I 1 JLv >I SPORE R'DAM
      400 words

  • Page 22 Advertisements
    • 975 22 M M S LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (lßcMtex DESTINATIONS INLAND vta IPI/MICBOMUDGE MNILAND BRIDGE) Fane!/ *essel store pklc penang store t/s port la/lb Seattle cmklmo *an bc portla» ASM STUR *37 NASHNGTONMDGE *2 19 Jun 20 Jun 22 Jun 24 Jun (KL) 2 Jul 17
      975 words
    • 459 22 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE im*w t* los wetus. sm nmam sunu. nam womm c ra/fa Cimmw "ws l W AUSTRALIA EXPRESS CONTAMER SERVICE kcctpbm Fa/Fa Co«t—«n KAMIDAS 29/30 M» 27/29 M« "RAMDAS 10/1! Uy CtMNDOAS 21/29 My 'RAMDAS 30/31 My 1/2 A* HABRDAS 15/16 Au| 24 Mr
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    • 340 22 SANKO ASIA FNOM JAPANESE r»ONTS ANO HOHOROHC SS m GOLDEN LINE GUM GUM SMVM (TO) LTD Im ft* *1 i 111 BM Mta, M ted ftwt MM MM B: mfT* Ui UB) M Mi Imm HUI MMHimU FmTL** Afot OWT LLOtB Ml Ml HL STRAITS/PERSIAN GULF SERVICE: am an S'fort
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    • 335 22 i■! r ft o t BREAKBULK SERVICE TO EUROPE/UK AWOOO ANOR.M.Z. P.MlH(ln*Khr RHK&OSI VOVllfcM SM Mi lii 1111/ E5 P.T PERUSAHMN PELAYAMN KALIMANTAN MECT WEEKLY SERVICE TO JAKARTA VtiMl ETA/EID OOIMIBH MCA DO toy 14/15 21/22 Aw ttvta/OtbM NASA ma toy 11/15 24/25 Jm Murta/CMUi MGA XII toy 15/15 29/31
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  • Page 23 Advertisements
    • 693 23 FAR EAST/EUROP£ FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): K CHANCE 22W Sailed In Port 8/7 9/7 11/7 HK CONTAMX 45W+ (24/6) 26/6 15/7 16/7 18/7 OCMEF44W 1/7) 3/7 22/7 23/7 25/7 KMGEJM2MI. (8/7) 10/7 29/7 30/7 1/8 N CtYSTAL SHI (15/7) 17/7 5/8 6/8 8/8 IMfmUNCX 7N (22/7) 24/7
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    • 459 23 ft a/i a/4 J/7 %n ij/7 IS/7 I 11/7 hp I nn *n »V 7 a/7 a/7 NIP! INI < S rl > > Mil H IVB4 'INSS St S SI>N KM( *1 Irl 114 ISC Jin P* lel (X'.vi N <■: <»> I »t> 1 r v i n
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    • 379 23 h W SINSOV SINGAPORE SOVCT SHPPtNG CO PRIVATE LTD SMSOV BULDMG 55, Mvfctt Strttt Sinfapori 0104 TatapfaoM Nweben *****3 (15 Lkts) Cable Address SMSOV SMGAPORE Ttki Numbers RS ***** RS ***** IS ***** M/S SHMXAT MM SOON BM. M. IST AND 2ND FLOOR. NO 1. iAUM CEMPENM6. PORT KLANG, MALAYSIA
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    • 14 23 SHE UK Mil 71 21/1 JAMBATAN MERAH SDR Hp. P. Ketev: 3MM/7 KX. *****7/tt«l
      14 words

  • Page 24 Advertisements
    • 657 24 Uh'<|i»iial Container Lines 4 Sa,l,n< 9 8 weeK| y a '[J Fast Reliable Regular i'unct-jal Berthing PS A Mon, Tue, Thur, Sat REGULM/FEEDER SOtVICC TO PHUST/SONGKLA VOT sn HT atu MTU KOmOtTUt 174R/346 21 Am 25 Ml UIU KONSORTUM 175N/341 27 JM 2 M MTU KONSORTIM 17CH/350 4 M I
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  • Page 24 Miscellaneous
    • 165 24 m p Regional Weather] V--X <?< < !»vv« J 1 M V* 7>A m x\ r. V LL*£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. *C yA o w Wind direction with speed m knots Wave height LEGEND: R Thunderstorm <*""<>" with speed in knots V Shower
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  • Page 25 Advertisements
    • 321 25 e REGULAR SERVICES TO E MTSM T«* HM M Rmi Ma 3 M/B Sim km Mi J/15 SOON KIAT SHIPPING PTE LTD 3 SHENTOK HAT #2M5/M SHENTOM HOUSE P. GUMWS STOK hUt/lAM/Iki v 21/t IMIWI hW M/C K«dM(/li(iuUH kR •Jltai"2stai kn*y M mtm tmfm I 20' 1 40' Fa *W»
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    • 126 25 BAT A M rr^j n LBS I na •AYSWATIR SHIPPING 4 FORWARDING PTE. LTD. 5001 loodt Rood #07-04 fioldon Mil* firHf 0719 Tol: *****11/*****93 Tolo«: Ri ***** BATAM, DUMAI, PEKAN BARU REGULAR SERVICE no Uadhg M 27 km Batan 3My Owi/PJn 2R38 T*tol AS MM7 GLORY NAVIGATION GROUP JTWS GSELATMU
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    • 369 25 mm mm rn ltd a El n.rj., J_ iM ACCEPTING BOTH Fa AND LCL j m ii' r-^n v Ti»ll-»?v Mi 1 TT77 ET Itl LIN LIN SHIPPING PTE. LTD. JL jr m*wm 010S T«t SUM 14 4 533M73 WEEKLY SERVICE SINGAPORE TO KUCHING SIBU LIZENA PTE LTD LICORNE MV
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  • Page 26 Advertisements
    • 148 26 1 ceiu CREST EXPRESS LINES LTD BATAM REGULAR RELIABLE Barge Loading/Departing Every Wednesday/Thursday y ii#y A TOP ENTERPRISES PTE LTD 2 Jin Samulun. S pore 226? Tel *****77 Tlx RS ***** TWORLD COLUMBUS LINE COIfTMNER/CONVENTIONAL SMI/mOUSE/CHMTn (VOVME/TK/MIEMMT) OF ALL ims Of «cssls/t«hb/mkb wo rue i* l l '-"i.ia.in "lu >
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    • 176 26 iti B EAST ASIA LINE -J (Malaysian Flag) Umr liwlmi Bihnin MWA/SVORE/MDIA P. K«4ong Penong MUM POtTNM 5/7 RCGULM JAPAN/SHAITS/JAPM SOMO3 LAMBOK 17/7 19/7 Ldg foe CMttafMi Ma*»/CI» 17/7 19/7 15/7 »h«yjUj«/ EAST ASM SHPPWG SON. M>, PI 1* *****2/* MIC HL. T* *****1/*****0 COMEK SMTME. STOOE M *****97 Fa
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    • 439 26 AbfNIS STRHIIS CONI AINfR AGfNCIIS PK UD lb HOt CHIANG ROAD SANfOW) BUII DING «09 01 SINGAPOW 0708 HI *****88 SUA UN AGINCY CO SON BHC 47A JAiAN CKUNGGAH Off >Al AN Sf KOI AH PORT HUANG MAIAfSIA Tfl P* *****? 388°18 *****° *****7 k EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN
      439 words
    • 656 26 PERUANA DC S "PERUVIAN STATE LINE" 5 Lu*«( tor CMto MMm hi Mi oft* Pwwm pots a* I Or CfV TUtm* Ml 4 U*« It M festmtm tOMNVOttTT MUMMVEJOETT noMSEwn r. k#mi 23/25 in t I M 29/31 M 21/27 9/11 M 1/2 fa| "EVERETT ORIENT LINE' JAPAN/BAY OF BENGAL/JAPAN
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    • 233 26 ZIM hi H' >■' &w E' ■—i )A I c ZIM AUSTRALIA &U5 15 7J5 117J5 I &7JS 47* 24 7J5 liß Miß II Will USD KCCTMC ICL/fU CMCO TO MONK m I GOLD STAR LINE 60U> L£Af Cotomtn/MoMtasa/M^wto/DURBAN 7 OSAKA mm Ourban/Cjpctown/PIIH 12 n datb ccmaa names to a»ava
      233 words