The Business Times, 27 June 1985
1985-06-27
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The Business Times
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Title Section12 1985-06-27 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, JUNE 27, 1185 60 CENTS12 words
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492 1985-06-27 1 LORETTA McLAUGHLAN - Confirmed Cold Storage buying Fitzpatrick's Purchase price not disclosed, but could be about $20 million By LORETTA McLAUGHLAN COLD STORAGE Holdings PLC has become the largest force in food retailing in Singapore with its takeover of Fitzpatrick's supermarkets. The acquisition, agreed upon yesterday, not only knocks out one of Cold492 words
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351 1985-06-27 1 ABOUT A QUARTER of new disciplinary cases brought against civil servants last year involved corruption or malpractice. Some 103 new cases were brought to the attention of the Public Service Commission. Including the 58 cases brought forward, the PSC took 161 officers to task351 words
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300 1985-06-27 1 UPI THE WHITE HOUSE yesterday reacted cautiously to a Shi'ite offer to move the hostages aboard a hijacked TWA airliner to a Western embassy in Beirut while a presidential aide rejected any linking of release of the hostages to Lebanese prisoners in Israel. "Let'sUPI - 300 words
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146 1985-06-27 1 Reuter, AP THE ASIAN Development Bank (ADB) said yesterday that it had made its first direct equity investment in a productive enterprise in a developing member country by taking a 10 per cent interest in a private Indonesian company, PT Kratama Belindo InternasionalReuter,; AP - 146 words
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231 1985-06-27 1 ACQUIRING skills through years of apprenticeship is "wasteful and no longer practical," says the Environment Minister, Dr Ahmad Mattar. By the time someone completed his apprenticeship, he could find that he had an "obsolete skill," said Dr Mattar at a Basic Education for Skills Training231 words
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Article, Illustration81 1985-06-27 1 AFTEB creeping ip slewly fer five MUtww sesslens, the market fell sharply yesterday. The Maine fer the heavy tell was pat ea ramears that a high-level Malaystea peiltletaa wL afet te n*ga er had already wlpii Bat eeeler heads dismissed the raiMars aad advised Invested te take advantage81 words
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450 1985-06-27 1 TEN THOUSAND PEOPLE will test a pilot cashless shopping scheme starting today by using their automated teller machine cards to make purchases and pay bills at 39 selected department stores, supermarkets, petrol stations and government offices. The cashless payment scheme, which450 words
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572 1985-06-27 1 AMY BALAN - By AMY BALAN THE Monetary Authority of Singapore (MAS) is monitoring the increasing involvement of gold brokerage and commodity firms in the spot foreign exchange market. Those engaged in or seeking to participate in the buying and selling of foreign exchange on572 words
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Page 1 Advertisements
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Advertisement46 1985-06-27 1 IbpsinCcrAucfio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD. Singapore Phone *****22 Kuala Lumpur: Phone *****3/*****0 *«nang: Phone *****/***** Jakarta: Phone *****9 e*" a Models from: J fMannnfmin JUrt* $tvMo Only at Charming Garden, SINGAPORE Lobby Level (3rd Storey) 100 Orchard Road, Singapore 0923 Tel: *****22.46 words
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Advertisement264 1985-06-27 1 Singapore appeals to TWA hi|ackora, Pago 16 mm SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS OUR VIEW MENGELE, the 'ongel of deoth', seems to have finally eluded the justice his surviving victims were booing to bring him to. This is cause for disappointment but, unfortunately, not when one surveys the legacy264 words
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Advertisement0 1985-06-27 1 =]-\_>.`>\!?_*?)?^-{!/[_!~?\?%:0 words
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Advertisement238 1985-06-27 1 L-l V V W 1 cm Vi raH s: x-> r V >/ I ftwsflSxfixWSSSfigMp vS S $3 m.v We play games in the City. There's one place in the city that plays a different game Winston's the one-stop sports shop at Ocean Building. There's nobody you can trust better238 words
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HOME NEWS
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508 1985-06-27 2 BOEY KIT YIN - Assurance follows closure of Seremban factory By BOEY KIT YIN NATIONAL Semiconductor yesterday said that it had no plans to trim its 1,800-odd workforce in Singapore. The assurance followed the US electronics multinational's announcement on Tuesday of plans to shut down its508 words
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124 1985-06-27 2 THE SINGAPORE Sports Council has not authorised any person or organisation to solicit funds for the building of a new Sprats House. The SSC issued this statement following inquiries from a sports dealer in People's Park Complex who was approached to contribute to the "fund".124 words
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287 1985-06-27 2 SHAHRIR ARIFF - By SHAHRIR ARIFF ABOUT 60 SINGAPORE printers are expected to attend DrupaB6, the ninth international printing and paper fair, to be held in Dusseldorf, Germany, from May 2 to 15 next year. Mr Lim Bian Han, director of the Master Printers' Association (MPA),287 words
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208 1985-06-27 2 LOCAL ARTISTS, usually at some time in their careers, look to the West for inspiration. But they can strengthen their own roots if they examine critically Western artistic trends to see if parts of new techniques of art expression may be adapted to208 words
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Article63 1985-06-27 2 POST OFFICE Savings Bank has closed its Colombo Court branch for renovation and will re-open at the end of the year. Depositors who frequent the branch may call at the following tranches in the vicinity: Peninsula Plaza, North Bridge Road, South Bridge Road, City House and Clifford Centre.63 words
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Article, Illustration273 1985-06-27 2 THE INGREDIENTS for a good barbecue have been extended by an Australian company to include an ample supply of coins, unless you prefer very rare steaks. D A Christie Pty Ltd, a manufacturer of coin-operated electric barbecue pits, is looking for agents to273 words
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Article305 1985-06-27 2 LICENSED plumbers are to come under closer scrutiny by the Public Utilities Board with the introduction of the Plumbers' Workmanship Improvement Scheme based on a demerit point system. The board said yesterday said the system, to monitor and record the performance of licensed plumbers, would be305 words
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Article434 1985-06-27 3 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE July 1-19 July 4 July 5 July 5 July 5Aug 3 July 8 July 8-9 July 8-12 July 8-12 July 10 July 10-12 July 11-12 July 15 Port Management and Operations The Practice of Industrial Relations 1985: Termination and Dismissal434 words
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328 1985-06-27 3 JEFFREY TSANG - By JEFFREY TSANG BURROUGHS CORP, the world's third largest computer manufacturer, wants a larger share of the regional market. It has set up a local subsidiary to push software sales and appointed a sub-distributor to focus on the financial computer systems market. The328 words
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Article, Illustration361 1985-06-27 3 LUCY NG - By LUCY NG BUYERS from Africa, Europe, America, Hongkong, Indonesia and Thailand converged at Robin Shipyard in Jurong during the past two days and bought more than a million dollars worth of marine vessels, machinery and equipment The auction, described as Singapore's biggest by a361 words
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Page 2 Advertisements
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Advertisement336 1985-06-27 2 There isn't another car in the world that can boast automotive innovation like an Audi. And not just innovation for the sake of it, but better ideas to make a superior motor car. Superior enough to recently win the coveted "World Car Of The Year" title and two "World Rally336 words
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Page 3 Advertisements
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Advertisement427 1985-06-27 3 Fundamentals on Data Processing for Accounting Financial Managers August 22-23,1985 (2 days) Seminar Content Basic computer technology What support to expect from e Computer hardware computer systems e The use of software The future for integrated How to build successful financial systems computer systems Objective This seminar is specially designed427 words
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Advertisement70 1985-06-27 3 I 1 Top of the morning Cathay Pacific proudly announce a new,daily Super 747 Service from Singapore non-stop to Hong Kong, departing at 11.30 a.m. every morning. No other airline offers First Class, Business Class and Economy Class passengers such a super service any morning, seven days a week. 070 words
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OVERSEAS
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430 1985-06-27 4 Reuter, AFP THE US dollar, now taking a breather from a record-breaking run on world currency markets, is about 40 per cent overvalued, according to a study released on Tuesday by the Institute for International Economics. The study, prepared by the private institute's seniorReuter,; AFP - 430 words
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146 1985-06-27 4 FT A MODERATE but steady expansion in economic activity in the European Economic Community, coindiding with a sharp increase in tie overall Community trade suaplus, and a continued decline is the rate of inflation, was forecast by the European Commission. The predictions for 1965 andFT - 146 words
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Article, Illustration208 1985-06-27 4 AFP LUISE, the only pig ever to be recruited into the West German police, is being forced into early retirement after only two months with the Anti-Drug Squad. Lower Saxony police chief Herbert Sander said in Hanover on Tuesday that under existing legislation, onlyAFP; Reuter photo - 208 words
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228 1985-06-27 4 Reuter CLAYTON YEUTTER, President Ronald Reagan's nominee to replace Bill Brock as trade representative, said the US dollar must decline before America's record trade imbalance can be significantly reduced. He said at his Senate confirmation hearing that even if all theReuter - 228 words
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430 1985-06-27 4 UFI INVESTIGATORS say they may never determine what caused the crash of an Air-India jet that broke up at an altitude of 10km and plummeted into the Atlantic Ocean off the Irish coast, killing all 329 people on board. A terrorist bomb on theUFI - 430 words
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282 1985-06-27 4 NYT ON THE EVE of the 40th anniversary of the signing of the United Nations charter in San Francisco, citizens of five major industrialised countries have expressed hopefulness, tempered by disappointment, about the organisation, according to a poll by the New York Times, CBSNYT - 282 words
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127 1985-06-27 4 Reuter A ROBOT dressed in a black hat and bow tie appeared in an Edinburgh court on Tuesday after running amok in a restaurant where it was employed to serve wine. Within its first hour on the Job, the second-hand robot became uncontrollable,Reuter - 127 words
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227 1985-06-27 4 UPI SOVIET LEADER Mikhail Gorbachev has stepped up his drive to revitalise the economy with a trip to Kiev where he urged an end to "bottlenecks" in developing new technology. The visit to Kiev, the capital of the Ukrainian republic, was the second forayUPI - 227 words
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Article70 1985-06-27 4 Reuter PRIME MINISTERS of the 10-nation communist trade bloc Comecon have launched a barrage of attacks on Western foreign policy and called for greater internal economic integration. The ministers, led by Nikolai Tikhonov of the Soviet Union, also signalled at a conference in Warsaw on Tuesday thatReuter - 70 words
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WORLD IN BRIEF
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59 1985-06-27 4 ILLITERATE people from Indonesian provinces will be barred from settling in Jakarta in an effort to control the swelling population of the capital, says the head of the Jakarta Population Office. Those who applied for city identification cards will be asked to fill out the forms59 words
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Article63 1985-06-27 4 TEN RIVAL GROUPS of Afghan Shi'ites, some with Iranian backing to fight other anti-communist rebels rather than the Soviets, say they have agreed to end their internecine war. The truce binds all but one of the main Shi'ite groups in the Hazarajat region to promote63 words
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Article50 1985-06-27 4 THE WIFE of former world heavyweight boxing champion Muhammad Ali has sued for a divorce, four days after the couple separated. Mrs Veronica Ali, who married him on June 17, 1977, asked in her petition for physical custody of their daughters, Hana, eight, and Laila, four.50 words
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Article56 1985-06-27 4 Agencies A LETTER containing a bomb threat and a mysterious device was found aboard a Malaysian plane at Stockholm's Arlanda Airport on Tuesday, police said. The items were found by technicians behind the wall in one of the plane's bathrooms as it was parkedAgencies - 56 words
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Article693 1985-06-27 4 ARRIVALS Operator Same* Local From PAA RBA LUFT 'RBA A sa MAS CPA GtA SIA SiA THAI SIA MAS OA SIA MAS PA21 0020 BM43 0100 LH688 0105 MH60I 0720 MH68I 0620 .A#-W03 ,0905 aAH67J >0935 0940 ACB58 0940 BMjt 1000 SQ103 1005 MH7330 1020 CX710 .1030693 words
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325 1985-06-27 5 UPI A SOVIET research ship has left the Philippines without offloading 37 Vietnamese refugees it had picked up from a crippled boat adrift in the South China Sea. Citing Philippine Foreign Minister Pacifico Castro, relief and shipping sources reported yesterday the MS Poisk wasUPI - 325 words
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146 1985-06-27 5 AP MALAYSIA almost doubled its trade surplus to M 51.29 billion during the first two months of this year compared with the $588.8 million surplus for the same period in 1964. Statistics Department figures released yesterday show that Malaysian exports during theAP - 146 words
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138 1985-06-27 5 Reuter THE EUROPEAN Economic Community, for the second time within a week, has imposed indefinite anti-dumping duties on some Japanese exports. The EEC's executive commission announced that member state governments had extended anti-dumping duties on ballbearings and tapered roller bearings which it believes areReuter - 138 words
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167 1985-06-27 5 AFP AMERICANS are still not convinced that the Japanese are sincere in trying to open up their markets to US products. A new US poll out on Tuesday shows that Americans still think that the Japanese work harder and run their companies better, butAFP - 167 words
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305 1985-06-27 5 AP THE POOR in Asia are not receiving enough food, although the region's food stocks have increased by at least 20 per cent during the past four years. A senior official of the UN Food and Agricultural Organisation said yesterday thatAP - 305 words
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Article, Illustration305 1985-06-27 5 AP A PHILIPPINE ruling party assemblyman has said that he will introduce a bill banning strikes which disrupt industries and slow the country's economic recovery. The state-run Philippine news agency yesterday quoted Renato Cayetano as saying that the ban was necessary "because industrialAP - 305 words
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Page 4 Advertisements
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Advertisement255 1985-06-27 4 I The Mandarin Hotel, Singapore 9-11 July 1985 COMPUTER AIDED DESIGN MANUFACTURE AND TEST CAN DRAMATICALLY IMPROVE PRODUCTIVITY INCREASE YOUR PROFITS CADMAT ASIA '85 Exhibition and Conference presents the electronics production industry with a unique and exciting opportunity to view and evaluate the very latest developments in advanced computer aided255 words
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Page 5 Advertisements
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Advertisement255 1985-06-27 5 I Jfe& r i ,5 i < Hsstm. WsS^ Pf #f K Your first step towards word processing is an Olivetti ET. Olivetti is the first word on Electronic Typewriters. -,4<. f•• i STEP TWO: Team up the Olivetti ETV 300 with your ET 111 to form a complete word255 words
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Page 5 Miscellaneous
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Miscellaneous43 1985-06-27 5 Doonesbury HtSBMS WUHML KBiS&AT ACC&TA m.nurm. P&scnal CHECK, waft i m f m I fl 4 fV 3 J ft il ■j i J> BY GARRY TRUDEAU fr P kfM* £l Rfc i*v )r 3! i f L 7 i rVI 3 i/j43 words
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WORLD BACKGROUND
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Article, Illustration1066 1985-06-27 6 MICHAEL NEIL - By MICHAEL NEIL AN UNSIGHTLY battle between two major London institutions, one venerable while the other is brash and new, is set to break out before the end of this month. Today, the London International Financial Futures Exchange (Liffe) launches its sterling/US1,066 words
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Article, Illustration5 1985-06-27 6 World Growth Latin American Exports5 words
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834 1985-06-27 6 FT EVERYBODY knows the good news about Latin America the debts are being paid. The bad news is less familiar. The export boom which last year restored the continent's solvency and even left headroom for a little domestic economic growth appears toFT - 834 words
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Article, Illustration717 1985-06-27 6 AP WHEN China and Thailand mark the 10th anniversary of diplomatic ties on July 1, neither country is likely to highlight the fact that Beijing had, for years, fuelled a Thai communist insurgency against the Bangkok government. The reason is that Sino-Thai relationsAP - 717 words
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Page 6 Advertisements
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Advertisement131 1985-06-27 6 Canon The only thing that adds weight on this card is your name a i> 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 any131 words
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Advertisement27 1985-06-27 6 HIT THE gOTTLE. tu SPA m SIH MINERAI WATI R FROM HI I (.11 M Air freight is faster, our coverage is better... in BT every Friday27 words
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BANKING AND FINANCE
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Article856 1985-06-27 7 SftIGAPORE The US dollar yesterday closed mixed against major currencies after fluctuating within a narrow range in thin trading, Pealers said the dollar lacked a clear trend due to the absence of fresh faqtors with Tuesday's news of a larger than expected 4.1 per cent rise in US856 words
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Article171 1985-06-27 7 Interbank rates at 3pm yesterday: it Local dollars to quoted,. e roea parity atanga om unit of foreign currency US dolor 2.2470 2.2490 2.8196 -20.31 Starling pound 2.8918 2.8967 7.3469 •60.64 Australian dolor 1.5009 1.5045 3.4286 •56 22 NZ dolor 1.0605 1.0637 3.4286 -69.07 Canodkm dolor 1.6473 1.6500171 words
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Article189 1985-06-27 7 HONGKONG: Gold yesterday closed a shade easier in very quiet trading in the absence of •fresh factors. It ended at U*****.75/316.25 an ounce. On the local market, gold fell HKSS.OO to $2,925 a tael. Krugerrand was unchanged at HK52,500, equivalent to US$322. TOKYO: Futures were mixed in slow trading.189 words
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Article69 1985-06-27 7 THE OVERNIGHT rate on the Singapore interbank money market rose points from Tuesday to close at 5 per cent yesterday. The one-month term rate rose 1/16 point, while the two and three month rates were unchanged. S$ Interbank rates at 3pm yesterday: Offer Bid Ov«f night 5 469 words
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Article344 1985-06-27 7 BA Futures Inc EURODOLLAR futures yesterday opened lower than IMM's close and selling pressure saw erosion of prices in early session. However, Uffe opening saw a choppy and active session with sideways movement within a range of 91.66 to 91.71. The market outlook appeared to be uncertain over theBA Futures Inc - 344 words
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Article, Illustration363 1985-06-27 7 Asian market ASIAN dollar deposit rates yesterday closed firmer compared with Tuesday's levels in moderate trading. Dealers said rates were underpinned by news of a larger than expected 4.1 per cent rise in US May durable goods orders and fading prospects of an early cut in the US discount rate.363 words
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271 1985-06-27 7 FT SCHRODERS, a UK merchant hanking group, is to sell 75 per cent of its US commercial hanking interests to the Industrial Bank of Japan for US$lOB million. The deal, which will be done in two stages over two years,FT - 271 words
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Article, Illustration545 1985-06-27 7 ALVIN TAY - By ALVIN TAY THE JAPANESE Finance Ministry's six-month maturity limit on Euro and Asian-yen certificates of deposit is keeping issuers and investors away from the newly-launched market, Daiwa Singapore's president, Mr T Yonemura, said. Mr Yonemura said yesterday that issuers and investors would not545 words
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Article305 1985-06-27 7 BANQUE NATIONALE de Paris (South-East Asia) was again in the red last year after tax because of further bad debt provision of about $2.1 million. But its pre-tax operating profits of $1.19 million were creditable, considering the tough economic conditions last year, said305 words
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Page 7 Advertisements
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Advertisement208 1985-06-27 7 Chase Home Financing. Who else would offer all these 10 advantages? Chase Home Financing makes it easy for you to buy your new house. T&ke a look at what we offer and you'll discover there're many reasons for getting your loan from Chase. 1. Up to 100% financing with CPF208 words
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FEATURES
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Article486 1985-06-27 8 DOCTOR JOSEF MENGELE has finally eluded justice. To him, it would be the most fitting of things that a world whose ethics he simply did not go by should never judge him by its standards. To the many, many people who had devoted their hopes486 words
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Article, Illustration1875 1985-06-27 8 CHUANG PECK MING - Foreign furniture companies are speeding up changes in the sector By CHUANG PECK MING THE LOCAL FURNITURE sector, already undergoing changes in recent years, has had them speeded up by the appearance of foreign furniture names whose highly visible presence makes them a force to be1,875 words
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Article, Illustration981 1985-06-27 8 DAVID DODWELL - By DAVID DODWELL FT A 120-SEAT Boeing 737 in the colours of Midway Express, the US charter airline, flew into Hongkong's Kaitak Airport recently, unnoticed amid the roaring traffic of Jumbos, Airbuses and similar wide-bodied aircraft. Few will have noted that Midway neverFT - 981 words
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Page 8 Advertisements
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Advertisement6 1985-06-27 8 On target, CHART POINT every Saturday6 words
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Page 8 Miscellaneous
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Miscellaneous671 1985-06-27 8 CRYPTIC PUZZLE ACROSS 1 Try your luck (6) 7 Though extinct, is around somehow (8) 8 The town for bargains? (4) 10 Not wax (6) 11 A fragrance mountaineers may make (6) 14 Like the profit from fishing? (3) 16 Spoke wildly about snide remarks (5) 17 Sticks (to one's671 words
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SPORTS
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Article, Illustration330 1985-06-27 9 ANNA TEO - By ANNA TEO THE SINGAPORE CIRCUIT '85, the intended tune-up for the Republic's SEA Games tennis squad, gets into swing at the Singapore Tennis Centre with the first of a series of five tournaments starting on July 26. Besides top local players, the330 words
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205 1985-06-27 9 Reuter LEADING JOCKEY Walter Swinbum may be out of action for the next three weeks after breaking his wrist while riding on Tuesday. Swinbum, who missed riding Shadeed to victory in the English 2,000 Guineas because of suspension, felt the wristReuter - 205 words
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223 1985-06-27 9 Agencies GABRIELA Sabatini, aged and seeded 15, recovered from a nightmare start to her Wimbledon debut on Tuesday to beat Britain's Amanda Brown 3-6, 6-3, 6-3 in the first round of the women's singles. The Argentinian star, playing only her third singles match onAgencies - 223 words
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Article, Illustration241 1985-06-27 9 Reuter MARTINA Navratilova swept past T.isa Bonder 6-0, 6-2 to begin the defence of her women's singles crown at rain-lashed Wimbledon on Tuesday. Navratilova, 28, chasing her fourth successive title and sixth in seven years, needed just 39 minutes to beat fellow American BonderReuter - 241 words
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419 1985-06-27 9 UPI BECAUSE base bailer Bert Blyleven pitches so well against California, you'd think the Angels would pick up all the hints the Cleveland right-hander has been firing at them. Blyleven tossed a four-hitter and struck out 10 on Monday night in posting his secondUPI - 419 words
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Article, Illustration201 1985-06-27 9 Reuter ZOLA BUDD, who lost a track race in the British Isles for the first time on Tuesday night, will run for Britain over 1,500 metres in the match against France and Czechoslovakia at Gateshead, England, on Saturday. Budd, 19, was beaten overReuter - 201 words
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Article, Illustration511 1985-06-27 9 Reuter JOHN McENROE, helped by brilliant serving, crushed Peter McNamara of Australia 6-4, 6-3, 6-4 on Tuesday in a protracted start to the defence of his Wimbledon men's singles title. Resuming at 3-3 in the opening set, the point at which playReuter - 511 words
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Page 9 Advertisements
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Advertisement79 1985-06-27 9 £gokfor the extra touchy at the heart of the city at KAMPACfff 6th Floor, UIC Building, Shenton Way. > t v A ISr 41 A 4 private tatami rooms, each cheerily cosy tastefully furnished. •4 Kampacbi's very own 'Happy Hours' from 6pm to 8 pm daily. So juice up the79 words
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Page 9 Miscellaneous
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Miscellaneous1135 1985-06-27 9 wi em THURSDAY FEATURE SPECIAL The Towering Inferno 9.50 pm, Channel 5 Yet another re-run of this disaster picture about a building that tried to cut costs on its energy and ended up snipping the life-lines of the city s glamorous elite. Paul Newman and the late Steve McQueen head1,135 words
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INTERNATIONAL STOCKS
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333 1985-06-27 10 Reuter INTERNATIONAL Business Machines Corp will invest up to US$4OO million over three years in the MCI Communications Corp after MCI acquires Satellite Business Systems. IBM vice-chairman Paul Rizzo also said IBM assumed SBS debt of about $400 million. The twoReuter - 333 words
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150 1985-06-27 10 Reuter BRITISH TELECOM'S bid to take over Canada's ailing Mitel Company has been referred to the Monopolies Commission, effectively blocking it for six months. The Trade and Industry Department said the commission would investigate the telephone company's proposed £180-million deal with Mitel, but declinedReuter - 150 words
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347 1985-06-27 10 Reuter THE WALL STREET stock market finished with a small gain on Tuesday after most of a strong mid-session advance was erased in late trading. The Dow Jones Industrial Average gained more than two points to 1323. The index had been up 12 pointsReuter - 347 words
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Article154 1985-06-27 10 JUNE 25 Abttfci Alcan cs 18* 33* Hud Bay Min knp 01 biea hit Pro* ftp* 6* <7* 17* 41* IB* 16* 19* 2* 22* -1 unch wdi Aktoma Argon HWgi Bank Mont Bark Nova Scotio 20* 19 29* 13* uncti bw ut» Kit Add LoMow B Woimy F«rg154 words
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Article235 1985-06-27 10 JUNE 25 bad UNMC 510 1650 twtch -IS MOUSTVUU Ml MMGS A Afeho 920 indi An0oa 2900 -10 Abarcom A£ And O 170 815 +5 inch An^vo& Bk'C'umt ***** 325 unch -15 Amaprop AMK» 490 2800 +5 unch HfaT 7400 460 inch Oaflu.. i 1 ISO -5 ***** C235 words
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Article684 1985-06-27 10 JUNE 25 US* AJcan Alunn AJcoo Ala^wrry Lud AM Cham Cp 24* 33 23* 42* AM Storm AI»OMb)n 57* 5* 1* Am Broncte IK 65* -44 Am Broodcort An Can Co 113* SB* Am Cyanomid An Bac Pw Am Cxpmi Am Hama Prod Am Moton Cp Am MuMd684 words
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Article841 1985-06-27 10 Amsterdam JUM 25 Ffc AIM 456.50 +0.5 Amin 96.00 1.2 AhoW 228.00 +0.3 MM 107.40 +1 AMFV 246 00 -3 Affltni A/nro Bank 77.70wt— (Wk«d 36.50 +1 hk 97 00 -2 Banuii 341 50 -2 Bogota Bur Tot 87.50 -1 Catand 35.80 untfc Otfv* 470.00 -2 M Mfi841 words
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Page 10 Advertisements
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Advertisement187 1985-06-27 10 CTi'. ft Wftere ft wine, itm entertain i TONIGHT a Whole Leg of Baby V«1 The Chef carves at 8.15 pm every TUesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the187 words
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Advertisement148 1985-06-27 10 tu v *r r. V <* S*=~*Plk r, •*>• i«» '<■»- T L '/f-4 iZ. l Tm •«r. »r?S3 V Monday, Tuesday, Wednesday... hmm, just like Mum's cooking Welcome to our daily special dish! it's local. It's mouth-watering. It's super value for your money. Monday is our Bah Kut Teh-day.148 words
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Advertisement39 1985-06-27 10 «r. d 0 i Time: 12 noon 2.30 pm Prlce:sl2.o(r Fashion Show: 1.15 pm Modwby Mooeamg Agency cMhMby Bugattl Boutique W-. -> 4k.< m y. i v.Ift taw Inter and In pidiiAk w„i» poached and deec HoW Royal Newton toad39 words
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Advertisement103 1985-06-27 10 T^J '■m h 0 m ce Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. 2 special business lunch at $16 +f each and $20 each (mln. 2 persons). Over 50 a la carte specialities are also available FURAMA SINGAPORE HOTEL103 words
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Advertisement111 1985-06-27 10 London stocks, pago 15 i J/ Jtf S V 7 v V.W 5 uaa LOMHgE Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body M Soul from the Philippines. They'll captivate you! Nappy flours: Spa111 words
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ASIAN STOCKS
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Article282 1985-06-27 11 HONGKONG: Share prices closed yesterday weaker in dull and thin trading in the absence of fresh factors. The Hang Seng Index fell 9.96 to 1,565.19. Brokers said it would meet considerable resistance at the 1,600 level. Turnover for the half day was HK5194.23 million compared with $388.99 million for282 words
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Article172 1985-06-27 11 JUNE 26 AJ Sincere Mm MT$ 1.77 23.80 -006 i*>ch Lian Hwa Mm Nan Ya PVn Pacific Cora Pacific Elect 1100 26.30 16.90 1405 -0 05 -0 1 •0.1 Cathay Cora Chang Hwa Bank 23.50 48.70 0.2 Paotung Paper 1.14N 1590 -0.1 19.10 L*ich Ova Hun Cement Ouna Own172 words
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Article335 1985-06-27 11 TOKYO: Share prices rose yesterday for the fourth day running in very active trading on the first effective day of July transactions, driving the market average past the 12,900 level for the first time ever. The average ended at a record high closing of 12,910.29, up 73.27 and just335 words
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Article127 1985-06-27 11 MANILA: Share prices closed generally easier in quiet trading. Oils firmed 0.019 to 0.781 while the Commercial and Industrial Index fell 0.61 to 126.96 and the Mining Marker eased 0.57 to 660.38. Philex B rose to 0.1250 from 0.12. Lepanto B fell to 0.039 from 0.04, Phil Overseas to127 words
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Article360 1985-06-27 11 SYDNEY: Share markets closed firmer yesterday, boosted by institutional book squaring as the June 30 financial year draws to a close. At the close of trading, the All Ordinaries Index had added one point to 861.8 and the All Industrials Marker had firmed 2.2 points to 1234.6. The All360 words
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Article72 1985-06-27 11 JUNE 26 Won 640 Hyundai Const Hyundai Motor KAL. 920 716 476 +5 1 Chohtung Bk 619 -3 +4 -5 Korea F**t 680 uncti -17 -9 Convnvrod Bk 674 445 Yi*ong Korea Shp 1420 416 473 1 Lucky Ltd 662 12 624 19 695 unch 490 -5 790 -572 words
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Article183 1985-06-27 11 BANGKOK: Stock prices closed lower yesterday in quiet trading. The Book Club Index dropped 1.49 points to 139.85 and declines led advances by a margin of nearly five to one. Turnover stood at 249,306 shares worth 39.8 million baht compared to Tuesday's 218,656 shares worth 35.3 million baht. Industrial183 words
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Article49 1985-06-27 11 Reuter LEGARLEON Finance Ltd has asked to cancel its registration as a deposit-taking company from last Friday, said the Hongkong commissioner of deposittaking companies, Robert Fell. The company is a wholly-owned subsidiary of the Legarleon group, which also has interests in securities and commodities trading. ReuterReuter - 49 words
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419 1985-06-27 11 NYT. BANGKOK is on a department store binge. By the end of the year, marketing experts say, the city will have 35 to 40 major stores, or malls anchored by big shops, most of them built in the past five years. Bankers suggest that nearlyNYT. - 419 words
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118 1985-06-27 11 Reuter CHINA'S national carrier CAAC has signed a major agreement with Lufthansa under which the German airline will help to run and maintain the Chinese air fleet, notorious for its bad management. Lufthansa chairman Heinz Ruhnau said that under the oneyear agreement, Lufthansa wouldReuter - 118 words
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296 1985-06-27 11 FT THE JAPANESE industry is planning to cut its investment in the semiconductor industry by 20 per cent in fiscal 1984, compared with a 98-per-cent boost last year. In announcing the investment slowdown, Japan's Ministry of International Trade and Industry (Miti) gave a spirited defenceFT - 296 words
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Page 11 Advertisements
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Advertisement649 1985-06-27 11 ■ji M 5W15 m m s. s. v///s FOR FURTHER INFORMATION CALL *****11 NOW SS ir.2 For a Rsranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for649 words
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Advertisement8 1985-06-27 11 Savoury Delights Await You At Our Chefs Recommendation:8 words
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RAW MATERIALS
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Article101 1985-06-27 12 PRICES on the Malaysian crude palm oil market closed off the day's highs on late selling after Pakistan rejected offers at its RBD palm oil tender. June deliveries in the south region rose Mss to $1,210 per tonne and central three to $1,181, while July in the south101 words
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Article281 1985-06-27 12 SINGAPORE The market yesterday closed steady with July One RSS buyers quoted at 180.00 cents per kg, unchanged compared with Tuesday's close. The morning session gained one cent on some upcountry buying in quiet trading. The market turned easier in afternoon trading due to some selling of forwards. MALAYSIA281 words
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Article96 1985-06-27 12 REPORTS 9t nearby tightness In London en Tneaday night encouraged the Kaaia Lam par tin price to firm another 11 cento to M$9M3 per kg. The price Is still within the ITA $».1§ and $32.11 tower range. Firmer Leaden prices led to a wider £4M per tonne discount96 words
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Article81 1985-06-27 12 Bernama INDONESIA is to propose that the Kuala Lumpur Tin Market (KLTM) be opened to all members of the International Tin Council (ITC). Mr Koesyaman Kantakusumah, the marketing director of PT Tarn bang Timah, the state-owned tin corporation, yesterday said the matter would be raised at theBernama - 81 words
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Article303 1985-06-27 12 RAS prices in S cents/kg, FOB in k ales NOOK CLOSI Iuy#n C -M jtrien Beyers Sellers Int 1 RSS Prompt ***** 182.(JON 181.00 182.00N Int 1 RSS Juty 85 180 50 181.00 180 00 181 00N Int 1 RSS Aug 85 175.50 176 00 175 50303 words
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Article89 1985-06-27 12 (ctnUAj, t-ton poll.*) JULY 85 AUG 85 (currant month) (forward month) NOON NOON RAS 1,^ Stftors [yyOTC S<IWn SSR 20 157 50 159 50N 158 50 160.50N SSR 50 155 50 157.50N 156 50 158 50N MRELB SgUm Bufmt C -M jviivri SMR CV 213.50 215.50N 215.5089 words
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Article142 1985-06-27 12 Chineee Produce Exchange (SiNtn noon ciosoo phcn on Jwm 26. S$/100 kg). Coconut oil Bufc FOB 117 00 OW drum FOB 130.00 New drum FOB 134.00 Copra Mixed Doom) 60 buyers Pepper Muntok White FOB NLW 970.00 Sarawak White FOB foq NLW 960.00 Sarawak special black FOB NLW142 words
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Article199 1985-06-27 12 SOYBEAN futures closed 1V« to V* cents a bushel higher in small-lot, quiet trading, with spot July ended up 1V« at USS5.nv« a bushel on the Chicago Borad of Trade on Tuesday. Prices fluctuated in a narrow range, with little fresh fundamental news to provide much trading direction. Some199 words
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Article1255 1985-06-27 12 COFFEE ROBUSTA coffee futures on Tuesday ended an active day up from the morning's 10-month lows with pared losses of £35 to £14/ tonne, but still looking fundamentally bearish. The market fell on Tuesday morning following New York's easier close, steadied slightly and then dived again to make1,255 words
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Article159 1985-06-27 12 Yarn (la HK$ per bote ef 400 fe) China carded yarn, cones E8u« Phoenix 16'* 2,550 Bfcj* Phoenix 20's 2,650 BKx Phoenix 32 3,100 Bkie Phoenix 40'i 3,450 Corded yarn, honk Blue Phoenix 21'» 2,900 Combed yarn, cones Blue Phoenix 32'» 4,200 Blue Phoenix 40"» 4,400 Open-end yarn Blue159 words
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Article172 1985-06-27 12 WHEAT futures closed one cent a bushel lower in nearbys to up V* in distant months after a session of featureless trade on Tuesday on the Chicago Board of Trade. Locals unwound bull spreads initially, pressuring July and helping back months. Prices fluctuated little from that early trading pattern,172 words
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Article277 1985-06-27 12 Singapore (SS/kito, es-gode«r») Frogront new crop 1st 082 2nd 0.62 3rd 060 New Crop 25% no stock 10% no stock Thai Broken i A-»uper 0.54 Special 0.52 Thai Rice 55% no stock China Rice 10% 0.86 15% no stock 25% no stock 35% no stock Thai Boiled Rice 5%277 words
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Page 12 Advertisements
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Advertisement1000 1985-06-27 12 THE ROYAL BANK OF CANADA STATEMENTS FOR THE FISCAL YEAR ENDED OCTOBER 31,1984 Consolidated Statement of Assets and Liabilities (fh thousands of dollars) Cash Resources Cash and deposits with Bank of Canada Deposits with other banks Cheques and other items in transit, net Securities Issued or guaranteed by Canada Issued1,000 words
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SHARE INFORMATION
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Article, Illustration4145 1985-06-27 13 UNCONFIRMED reports involving the resignation of a high-level politician across the Causeway sent share prices sharply lower on the Singapore stock market yesterday. There was substantial selling of Malaysian stocks. The BT Composite Index fell 7.53 points to 692.49 and the Straits Times Industrial4,145 words
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Article221 1985-06-27 13 SINGAPORE Ri» aa Indlcaa Wmd A Pm 406 MST 715 NOl 60 MTC7I| 3S0 M Tract 135 Falls Omm M 214 t Palaap Uk 122 Um HH 240 M 565 H LmmM) 520 NJ-OSO« 230 30< 174 O U I kti 42 H UM| M 90* 210221 words
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Article2465 1985-06-27 13 BID and offer prices officially listed and buslnes» in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT".2,465 words
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Article260 1985-06-27 13 ACMA ELECTRICAL INDUSTRIES LIMITED: Twentieth AGM at No. 9 Gul Circle, Jurong Town, Singapore 2262 today at noon. INTERNATIONAL TRUST FINANCE limited: Seventeenth AGM at the Conference Room of Ong A Company Private Limited, 76 Shenton Way, #18-00, Ong Building, Singapore 0207 today at noon. MALAYSIAN AMERICAN ASSURANCE260 words
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Page 13 Advertisements
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Advertisement12 1985-06-27 13 KL market report and Buainaaa dona on tha KLBE Saa paga 1412 words
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COMPANY NEWS
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913 1985-06-27 14 LORETTA McLAUGHLAN - Chemical Industries privatisation in the air First interview given by company since listing in 1973 By LORETTA McLAUGHLAN THREE MONTHS after Dr Tony Tan, then Finance Minister, announced that the government would be selling off its non-es-sential commercial interests, industrialists and investors alike are still wondering how it is going913 words
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533 1985-06-27 14 THE KUALA LUMPUR stock market went back Into the doldrums yesterday after putting up a bullish performance on Monday when buyers rushed in after news of a one per cent cut on interest rates filtered into the market. But yesterday share prices slipped533 words
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Article1961 1985-06-27 14 810 and offer price* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the nikmber of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDUSTRMLS A Choc (2 00S) ASS (0.878 0.895) (7) 0891,961 words
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Article96 1985-06-27 14 HONGKONG Hong Seng Index Wednesday 1565 19 Tuesday 1575.15 Week ago 1502.94 TOKYO Tokyo Dow Jones WedESay -J2910.29 T uesdoy *****.02 Wericago *****.01 TSE Index Wednesday Tuesday 1020.58 Week ogo 1009.42 SYDNEY Australian Minings Wednesday 508.6 Tuesday 512 4 Week ago 509.3 Australian Industrials Wednesday 1235.0 Tuesday 1232.496 words
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Article221 1985-06-27 14 Monogers' prices for June 27 Singapore Unit Trust The Commerce I.74 •is: The Savings Fund 1.33 1.41 S'pore Prog Fund 0.76 0.8C S'pore Sec Fund 1.12 1.19 S'pcre Invest Fund 0 82 *087 S'pore Equity Fund 0.77 081 Asia Unit Trust Mai Invest Fund 1.97 2 10 Mai221 words
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437 1985-06-27 15 CHAN OI CHEE - By CHAN OI CHEE RECENT market entrant Lum Chang Holdings Ltd is close to securing a US$2O million to $25 million contract to develop a first-class hotel in Guangzhou, one of China's busiest cities. Negotiations with the Cultural Bureau of China437 words
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Article108 1985-06-27 15 Reuter CONIC INVESTMENT Co Ltd of Hongkong may resume dividend payments in 1985. A company spokesman said the company made profits of about HK$4O million in the year's first five months. It would consider a dividend if its 1985 earnings were sufficient to cover the accumulatedReuter - 108 words
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216 1985-06-27 15 Company of Kwek family buys stake in Tsang Ong A PRIVATE company belonging to members of Hong Leong group's Kwek family has acquired an 18 per cent stake in local stockbroking firm, Tsang Ong Stockbrokers (Pte). This is the second known purchase by an outside party into a local brokerage216 words
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LATEST RESULTS
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57 1985-06-27 15 Group attributable profits of Msl.s million ($8.33 million) for the year ended March 31, 1985. Directors have declared a second interim dividend of six cents gross (12 per cent) which, together with the first interim dividend of 12 per cent, make a total distribution of57 words
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464 1985-06-27 15 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI SELANGOR DREDGING Bhd is turning to its shareholders to help finance the group's major thrust into new operational areas other than tin mining through a M517.13-million rights issue. The proposed one-for-four rights issue at 50 cents par each comes just six464 words
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509 1985-06-27 15 JUDGING BY Malaysian Tobacco Co (MTC) Bhd's spirited first half results, the leading cigarette manufacturer is beaded for record earnings in the 1965 financial year. The company yesterday reported that its group pre-tax profits for the six months to March 31 grew by509 words
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Article205 1985-06-27 15 KUO INTERNATIONAL, the holding company of Singapore-listed Hotel Properties Ltd, is seeking a HKJ4OO million syndicated loan to finance partly its purchase of the HK$B3O-million Excelsior Hotel. The loan will be arranged by Standard Chartered (Asia) Ltd of Hongkong which is also the lead manager. A205 words
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Article943 1985-06-27 15 EQUITIES closed lower yesterday on lack of demand with interest again centred on the electrical and electronics sectors. At 2.30pm, the FTSE 100 Index was down 11.9 points at 1236.4. Thorn EMI fell 36p to 375 at the outset on rumours that the profits outlook for its subsidiary,943 words
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Article144 1985-06-27 15 MULPHA (Sngapsve) Ltd has appointed Mr Philip Khoo Kim Chuan as a director from June 25. He is also an executive director of Mulpha International Trading Corporation Bhd. Mulpha (S)'s purchase of SO per cent of Effort is to he paid for in cash in one lump sum.144 words
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Page 14 Advertisements
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Advertisement700 1985-06-27 14 RAINIER NATIONAL BANK AND SUBSIDIARIES (Incorporated with Limited Liability in the United States of America) CONSOLIDATED BALANCE SHEET, 31st DECEMBER 1984 Total investment Securities (Market Value, 1984, $354,356; 1983, $417,604) Trading Account Securities Loans and Leases Less: Unearned Discount Reserve for Credit Losses Loans and Leases net Property and Equipment700 words
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Page 15 Advertisements
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Advertisement305 1985-06-27 15 NOTICE U*****,000,000 Floating Rate Notes Due 1989 BANQUE NATIONALE DE PARIS In accordance with the provisions of the notes, notice is hereby given that for the interest period from 27th June 1986 to 27th December 1985 the notes will carry a rate of interest of BV?% per annum. 27 JUNE305 words
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Advertisement269 1985-06-27 15 I Malaysian Tobacco Company Berhad ANNOUNCEMENT The Board of Directors announce the following unaudited results for the first half year to 31st March 1985. 1984 RESULTS Turnover Company Company's jshare of associated company's turnover Operating Profit Investment and Other Income Share of Profit of associated company Profit before tax Estimated269 words
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327 1985-06-27 16 Reuter IRAQ, its foreign exchange reserves almost completely drained by its war with Iran, is hoping to postpone payments this year on much of its foreign debt, according to banking, trading and government officials. A worldwide Reuter survey shows Iraq is seeking defermentReuter - 327 words
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Article, Illustration525 1985-06-27 16 Minister confident piracy problem is being dealt with BRITAIN will not adopt retaliatory measures against Singapore over copyright infringement, said British Trade Minister Paul Channon yesterday, even as moves were being made in the US for punitive trade measures against the Republic. "There is no525 words
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581 1985-06-27 16 RICHARD SEAH - By RICHARD SEAH, Spociil C orr—pondint THE United Overseas Bank group yesterday asked for a $50 million bank guarantee from the Goldhill group as security against possible decline in the value of Goldhill Square. The bank guarantee, to be furnished by the581 words
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502 1985-06-27 16 A REMINDER that the High Court had yet to decide if Goldhill's case against the UOB group "must fail" came from Mr Gordon Pollock, QC, yesterday. The counsel for Goldhill said Mr Peter Langan, counsel for the UOB group, was taking a very502 words
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114 1985-06-27 16 SINGAPORE has appealed, along with other world governments, to the hijackers of the Trans World Airlines jet to free their hostages. The jet is still on the runway at Beirut Airport. The Ministry ot Foreign Affairs said that as a signatory to the Convention on114 words
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242 1985-06-27 16 Bernama MAJOR Japanese dailies have editorially described as Insufficient the government's latest decision to reduce or remove tariff rates for some 1,850 manufactured and farm products, and urged the government to do more to open the Japanese market wider to foreign products and services.Bernama - 242 words
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Article64 1985-06-27 16 UPI POLITICIAN Geraldine Ferraro won US$5OO,OOO for choosing the Pepsi side of the great cola commercial wars. So it is no wonder that Ferraro, the former Democratic Party vice-presi-dential candidate, has little to say about Coke changing its 99-year-old secret formula. When asked what she thought ofUPI - 64 words
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152 1985-06-27 16 Reuter EMERGENCY workers yesterday searched (or more bodies In the rubble of a fireworks factory in Oklahoma, US, devastated by an explosion that killed at least 21 people. There were fears that the remains of two more workers were still buried under the debris. FiveReuter - 152 words
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Article68 1985-06-27 16 Reuter THE New York stock market pulled lower in early trading yesterday, amid investor uncertainty over the economy and interest rates. The Dow Jones Industrial Average was off three points to 1320. Declines led advances by a five-four margin on turnover of 9.64 million shares. Northern StatesReuter - 68 words
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LATE FILE
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Article42 1985-06-27 16 AP TAYLOR WANG, the first Chinese-American astronaut to fly into space, said in Taipei yesterday that he had been invited to visit China and was looking forward to returning to the country where he was born. APAP - 42 words
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Article41 1985-06-27 16 Reuter A TAIPEI court ruled yesterday that the crippled founder of the USs2£ billion Cathay Industrial Group, Tsai Wan-Chun, 68, was physically unfit to answer fraud charges because he was paralysed in 1979 by a stroke. ReuterReuter - 41 words
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Article36 1985-06-27 16 Reuter WESTERN nations increased their aid contributions to developing countries last year and are likely to do so again in 1985, said the Organisation for Economic Cooperation and Development yesterday. ReuterReuter - 36 words
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Article37 1985-06-27 16 Reuter SHUICHI AKAZAWA, the chairman of Japan's External Trade Organisation, a government body promoting imports to cut the country's huge trade deficits, ordered a British Jaguar yesterday as his new official car.Reuter - 37 words
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Article32 1985-06-27 16 AFP CHINA'S Antarctic survey committee yesterday denied reports that members of a Chinese expedition maltreated wildlife and ate penguins during a scientific survey of the southern continent. AFPAFP - 32 words
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Article35 1985-06-27 16 AFP EROSION is eating into Bali's most famous tourist beaches as a result of large-scale excavation of offshore coral reefs for use as building materials, said Indonesia's armed forces newspaper yesterday.AFP - 35 words
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Page 16 Advertisements
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Advertisement330 1985-06-27 16 FOR SALE IBM SYSTEM 34 CPU MODEL 5340 E35 MEMORY 128KB PRINTER MODEL 5211 002 FOR ENQUIRIES PLEASE CALL TELEPHONE NO. *****33 EXT 409. THE 1985 ANNUAL REPORT SEMINAR THURSDAY FRIDAY 1 2 AUGUST 1985 PAVILION INTERCONTINENTAL SINGAPORE Major practical and intensive two-day seminar focusing on the critical essentials, requirements330 words
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Advertisement246 1985-06-27 16 Whywe spent millions of dollars developing something people throw awvay. It's often the products we use everyday for mundane things like throwing out garbage that take years and millions of dollars to develop. Most people only think about garbage bags when they don't have one, we think about them all246 words
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Page 16 Miscellaneous
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Miscellaneous48 1985-06-27 16 wmm Outlook for today: Foir. Report for 24 hours prior to 7.30pm on June 26 at the airport: Maximum tomporoturo 34.1 AwofiotoH humidity 46 Minimum tamporatura 27.7 Associotod humidity 86 Hours of sunshine 8.80 t-l-H kohttgii RI mnvHnvvrvt mi Rainfall this month 34.6 Rainy days this month 1348 words
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SHIPPING TIMES
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Article377 1985-06-27 17 THE LONG awaited decision by US shipowner Sea-Land on whether to invest around US$4OO million in six large container ships has again been deferred. Uncertainty over cargo volumes on the trans-Pacific has delayed the orders which have now been under consideration for 18 months. Sea-Land has377 words
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Article540 1985-06-27 17 MANAGEMENT SHOULD take a keener interest in arranging the shipment of their products instead of depending on a shipping clerk. Dependence on a clerk to book and negotiate freight rates was "inefficiency at its height" said Mr N S Narula, managing director of INC Enterprises Pte540 words
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PORTSIDES
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Article95 1985-06-27 17 AFP THE PASSENGER liner Jianzhen arrived in the western Japanese Port of Kobe from Shanghai on to become the first Chinese ocean-going ferry linking China and Japan, port officials said. The vessel, belonging to the China International Ferry Company, left the eastern Chinese Port ofAFP - 95 words
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Article122 1985-06-27 17 AFP A KOREAN shipbuilding firm has won a £9.6 million contract to build a new British lighthouse and lightship support vessel, because its tender was almost half the price asked by British yards, the government disclosed in the House of Commons on Tuesday. The supportAFP - 122 words
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Article101 1985-06-27 17 Reuter THE UK National Union of Seamen said it ordered a ballot for its members employed by the Peninsular and Oriental Steam Navigation Company and was recommending that they vote in favour of industrial action to preserve jobs. The company said last week it wanted toReuter - 101 words
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320 1985-06-27 18 AFP WORK WILL begin next week on lifting the French freighter Mont Louis, which sank in the North Sea 10 months ago with a cargo of radioactive waste, the Belgian Public Works Ministry announced. Belgium will pay for the entire cost of the salvageAFP - 320 words
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Article1503 1985-06-27 18 ANGOLA Jun* 18 Luanda 15 vessels berthed and 1 anchored with 5 days delay. ARGENTINA Jun* 18 Buenos Aires 38 vessels berthed, 1 vessel anchored and awaiting grain loading and 2-3 days delay. Rosario 10 vessels berthed of which 5 grain, 4 by-product and 8 vessels anchored awaiting1,503 words
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Article154 1985-06-27 18 UPI A JAPANESE oil tanker capsized after colliding with a French freighter off western Japan on Wednesday but all eight crewmen aboard the tanker were rescued, Japanese maritime officials said. The officials of the Japanese Maritime Safety Agency said the collision occurred in poor visibility between theUPI - 154 words
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Article104 1985-06-27 18 AFP A TOTAL of 1,400,000 light displacement tons of ships were scrapped in the first half of this year, a drop of 13.6 per cent over the same period of 1984, it was reported in Taipei. An official of the Taiwan Regional Association of Old ShipsAFP - 104 words
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Article716 1985-06-27 18 AB Shpg V 5 Afeo Line VI 3 A PC Lme V 4 APL i 2/3 Anro Service M 3/4 ANL 1 1 ASCL HI 1 Bolt-Canoda Line VI 4/5 Bait-Orient Line VI 4/5 Bank Lme V 5 B8S 1 4/5 Bayswater Shpg V 3 Ben Lme716 words
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Article821 1985-06-27 18 THE FIXING of a vessel to carry grain from the US Gulf to China at U5523.25 featured the freight market on Tuesday with this being the first such booking reported openly since early last December when $28.50 to $29 was paid, shipbrokers said. Three small vessels have been821 words
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219 1985-06-27 19 THE THAI government has approved a plan for private firms to run deep-sea ports to avoid mismanagement and labour disputes. The Communications Ministry plan would allow private enterprise to run the ports yet to be built, Minister Samak Sundaravej told the Bangkok Post. But Klong Toey219 words
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444 1985-06-27 19 Lloyd's List TALKS ARE well advanced on a series of "super consortia" in two of the world's biggest liner trades to present the most powerful threat yet to round the-world servics, it was revealed recently. Established shipping lines plan to mount a challenge toLloyd's List - 444 words
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Article, Illustration180 1985-06-27 19 THE 31,500 dwt ro-ro ship Tourcoing joins Barber Blue Sea's round-the-world service in Singapore today, marking the start of a new cooperation agreement between BBS and Scan Carriers. The Tourcoing and sister ship Boogabilla are being chartered from Scan Carriers. The vessels will join180 words
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Article209 1985-06-27 19 June 25-27 MariChem 85, 6th International conference and exhibition on marine transport, handling and storage of bulk chemicals, Kensington exhibition Centre, London. June 26-28 Separated flow around marine structures, international symposium, Norwegian Institute of Technology, Trondheim. July 1-5 Boss '85, 4th international conference on behaviour offshore structures, Delft209 words
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Article185 1985-06-27 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 (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd185 words
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5994 1985-06-27 24 §@fIB[DQQJ3 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 of5,994 words
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Article674 1985-06-27 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy date/time Operator cargo schedule Location Sea Hawk 8526 27.6.85 2330 Eastern M F7 1000-1130 L6 Ratu Konsort 175N 27.6.85 2300 S'pore Shpg F1 0930-1100 N1 N Tikhonov 23BW85 28.6.85 0700 SinSov F5674 words
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Article1685 1985-06-27 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S). AB Shipping Boustead Shpg Agencies Afea Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multport Sdn Bhd (PK).1,685 words
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Article414 1985-06-27 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Deporture KEPPEL WHARVES Johneverett K21 Everett alongside 27.6.85/1800 Koto Agung K32 PIL alongside 27.6.85/0600 L Bulk Entity K29 MT M'time alongside 27.6.85/0400 P'stor Virgo K27 Sharp alongside 27.6.85/2300 Raiah Brooke K24E SSPL alongside 27.6.85/1830 Vishva Yash K17 R Jumabhoy alongside414 words
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Page 17 Advertisements
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Advertisement495 1985-06-27 17 ©HEUNG-A SHIPPING Korea Rag Vsls Regular Liner Semi-Container Service To: P. KeUni/Penanj Busan/Inchon Fm: Busan/Moji S pore Afent: Neptune Afencies Pte Ltd Tel: *****77 P.K. *****4. PN *****5 K.L. *****0 A MEMBER OF THE C.Y. TUNG GROUP ORIENT OVEKJtAS CottLuttA LINE Agents: \WO IMDME SHTPMG MENCSS (Rag. 242M4/0M) PFll 70495 words
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Advertisement155 1985-06-27 17 UMIIDB WORK WILL begin next week on lifting the French freighter Mont Louis, which sank in the North Sea 10 months ago. Page II TALKS ARE well advanced on a series of "super consortia" to present the most powerful threat yet to round-the-world servics. Page 111 Index to odvertisers II155 words
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Advertisement807 1985-06-27 17 Monthly from Pitman Available at all good bookshops and newsagents UnTimes HIUI Distributors r i MAERSK LINE ?»<". EXPORT TO USA. EUROPE. MIDOLE EAST. WEST AFRICA 6 ASIA or Mr uoo hrs CTS 30 Ma 7300 MB 'CT 1 My UOO MS CFS 30 Imm 2300 MRS NYC I TOR807 words
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Page 18 Advertisements
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Advertisement451 1985-06-27 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wn( Pacific North Waat Atlantic/Canada Faadar at Koba Mother VSL N YORK SAV SKM I AACROSE 13/1 11/1 I AMBROSE 13/t U/t A. VESSEL 21/1 19/1 25/1 TASHMA M 2/9 31/1 4/1 Vessel Voy NED CLEMEN! Vl3/S2 SHOKANA MAMJ *30/5;451 words
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Advertisement378 1985-06-27 18 II Supercarrier Service MIT ARRIVALS TOURCONG 26/6. BARBER P€*StUS 5/7. BARttR HECTOR 26/7 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA aim acceptor cantri to Houston (MLB). 1 Fraacsc* Oakland and Sm Ditto mI. A^otn. TO: CARIBBEAN CENTRAL AMERICA CARNEAM Aruta. Cwacao. Bndfetoom. Ph*psburt Port of Span Hamilton Umpton378 words
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Page 19 Advertisements
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Advertisement908 1985-06-27 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok BANGKOK BORNEO AGENOES LTD. BANGKOK TEL: *****80 SH6AMBE TO Mgjgj| AW) BMC RAMH MIOOK BBJUT STRAITS STM ACCEPTS OIMO OIC SAR.S to Port 27 tun I* Mwf I I*908 words
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Advertisement735 1985-06-27 19 /k TUG 2400 HP TOWING BARGE 3000 TONS DWT. ACCEPTING CARGO OR TIME CHARTER FROM XIAMEN, TAIWAN OR HONG KONG TO SINGAPORE OR MALAYSIA MID JULY '85. EASTERN NAVIGATION PTE LTD 51 ANSON ROAD #08-53 ANSON CENTRE, SINGAPORE 0207 TEL: *****57 TELEX: RS ***** EUGHT TELEFAX: *****15 Franco Belgian Services735 words
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Page 20 Advertisements
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Advertisement393 1985-06-27 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandnavia, Mad, Carribean ft S. America Mand haidaft to Hand destinations h Europe 4/4 12/1 14/1 17/1 11/9 15/9 13/1 14/5 21/5 15/5 23/5 fpn PKeta* hm(LiiMißftaa Cm i 2/7 4/7 1/7 30/7 14/7 14/7 11/7 11/1 5/4 12/1 14/1 14/9 13/1 15/1393 words
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Advertisement299 1985-06-27 20 JfCt&LINE FULLY CONTA IN_E_R ISED SE R VICE TO tUEOff Vl« SUEZ 1 **"*>« ol «c> Spart P («t"( L«H»n« R'4mi Fttovt HW| Vrtwrp 3/7 1/7 22/7 23/7 25/7 27/7 30/7 10/7 1/7) 29/7 30/7 1/1 3/1 6/1 17/7 (15/6) 5/8 6/8 1/8 10/8 13/8 21/7 (22/7) 12/8 13/8 15/8299 words
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Advertisement356 1985-06-27 20 SIN CHIAO SUPPING AGENCY PTE LTD #16-11 Wmm IEL *****1 TEIfX NO. K 3337C/RS ***** SIN CHIAO SI AGENCY PTE mm am m /m STOW nKT KELANG UK FOt 2t toa/3 M- SHMfTOU 'PSa, CHINA OCEAN SHIPPING COMPANY VIAtV.TL'. *W AGENTS: CHUNG CHIAO SHAPING SON BHD. Kl. TEL: *****1/2. JS5O*/7356 words
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Advertisement444 1985-06-27 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EUROzFE) ma gome no una no eun UN fOrHMO fK* Gfflß no aaiT no arm) no aumi E*l GMN> ALSO »CCf?TM6 CAKO TO: 1) PKOMDENCE NEMAM. NUMGTON HC 2) URANIA. CHCAGO. DT SGP MIG KSG vi in 9/7 13/7 14/7 17/7444 words
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Advertisement303 1985-06-27 20 HSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Shp»« Laa*«fcr kM L Mtet, t KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC vm PMm ter OCEANA COUMEK 21/6 P. MaraAjr, Laa, Ratal. Kkta. HaWara, Nanta. LmMu. Sm, Papattta. Hp, Mi OCEANA QUEDI 25/7 21/7 Laa,303 words
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Page 21 Advertisements
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Advertisement555 1985-06-27 21 y\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL VOYAGE HONGKONG SINGAPORE LOADING FOR: KOTA WIRAMA E-569 26-27/6 3-7/7 TAMATAVE. MOMBASA. DAR-ES-SALAAM KOTA TIMUR E-573 26-30/6 6-10/7 ADEN, HOOEIOAH. JEODAH. PORT SUOAN. AOABA KOTA WANGI CP/30/15 16-20/7 DJIBOUTI, BERBERA. PORT SUOAN. DERNA KOTA RAJA555 words
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Advertisement285 1985-06-27 21 J<T it SINli APORf Pll P KFIANIj SI IA TAN AGENCY M SHAIAN AGfNCY Pf NANC l( AN BH f. CO HI *****33 Ifl *****? *****6 HI ??188S *****,' HI ***** 2184S 2 WOOD LINE SOUTH AFRICA SERVICE paqfic mm sa 4/ss su NOOOSTM SA 5 85 11/ Nl SA285 words
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Advertisement674 1985-06-27 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAWER SERVICE FROM UK/CONTINENT HAM BtMVEN RIMM HAVRE STOW labia Eipress SaMM SaM Safc4 SaM Baaaaan SaM SaM SaM bM M Han*w| Eipress bMMrt SaM SaM SaM Osaka Bay SaM Salad SaM SaM UN Lnrerpoal Bay Mn/i 29/6 1/7 3/7 Na*anc Eipress674 words
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Advertisement402 1985-06-27 21 DJAKARTA LLOYD INDONESIAN NATIONAL UNF IMMfMT V? 1 HB CON* V7l/HB BUS** TOROHMM 9/C H/t n/< KAOHSUK 27/1 30/t MAJtf AHT ¥21 IB &o*» v;i WEST BOUND PM.EMUME *7WB BAM HUNT VIIM 2V21/A 12/7 IS/7 17n 18/7 U/7 21/7 STOK BUM IK A/OAB/I/DAB HYBC/aKIEN 14-U/7 S/l t/l 7/1 18/1 74-21/7402 words
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Advertisement630 1985-06-27 21 BOUSTEAD SHIPPING AGENCIES M BURMA FIVE STAR shipping corporation (Burmese National Line) Loadng for Ranfoon S'pore Htoneywa V2O2W In Pt/30 toe Pa-an VSSW 5/7 M Phashwefyawywa V256W 12/14 ki \A BANK LINE fr?TTTi SPORE R'DAM HULL HMBG TOANA PAPUA 4 Jul 30 Jul 8 Aug 3 Aug MEADOW BANK 24630 words
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Page 22 Advertisements
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Advertisement1249 1985-06-27 22 *a'K"line KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE ramvsi Mono vsi swk wig png swk kok guayaqurcallao «c* "W* »agasta s aiitoho valparabo lONOH BRBGE V4S IBM VSI 4 U 5<M 7 M 9JM 25 Jul ft Au| 2 S*i «S* 7S* I S«p 11 S«p 13 S«p CENTRAL AMERICA/CARIBBEAN SEA ram1,249 words
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Advertisement595 1985-06-27 22 '/tf CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tor LOS ANGfLfS SAN fRMCISCO SCATTLt TACOMA VANCOUVtB BC Accepting fa fCI Containers AUSTRALIA EXPRESS CONTAINER SERVICE Accepting fa fa Containers KABWDAS CHANDtOAS RAMOAS MBtROAS fiAVIOAS Mm Accepts 29 lune 1 July 21 luly ?8 79 luly 18 Aug 1/2 Aug595 words
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Advertisement518 1985-06-27 22 SANKD ASIA FROM JAPANCSE ROUTS ANO HONOKOMG Pillar 21/29 kw 29/31 la 5/6 M 5/0 M 9/10 M 13/14 M 10/17 M 30 Jm/ 1 M 1. PALMSTAR mOO 2. BUT 3. GOTOM ROVONG 4. GOLDEN VALLEY 5. FUKUZAKI MAM 0. HOSHO MARU 7. NPPO MMU K27/27 k 1/2 M518 words
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Advertisement379 1985-06-27 22 INTRASEA (PTC) LTD 10 Anson Road »27 16 Internationa 1 P»a/a Singapore 0207 Tel *****1 1 -1 0 Lines! o BREAKBULK SERVICE TO EUROPE/UK S'part P. K4m(Lm*l| MrATREUS BtHN «/7 «on/MT/lU. (AVON) ANANGEL HAPPMESS 17/7 21/7 ROTT/ANT/OJL (AVON) MM PJSEAWOOD AND R.M2.tW r JMP S pore P KeUi* Lm*« Iwr.379 words
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Page 23 Advertisements
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Advertisement883 1985-06-27 23 11l I "—J 7 K.NOL NEPTUNE ORIENT LINES LTD I TO EUROPE/UK (VIA SUEZ): 0 CHEF 44W+.... K JACEJfI 29* N CRYSTAL 30*... MAETERLMCK 7W. SS BRDGE 51*.... C PAUL 45* Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: 2359 2/7 FROM EUROPE (VIA SUEZ) 6/7 7/7883 words
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Advertisement587 1985-06-27 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON OONAM trod N* Dwum M4N No I Dwan/MKN lb i Dmimi/SMN No 7 Ddum/MCN Spore n nn s/7 »/7 IJ/7 15/7 U/7 M/ 7 M/ 7 MCHON BUSAN 15/7 25/7 Jl/7 5/1 General Survey No 70N/MSS587 words
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Advertisement859 1985-06-27 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SftSOV BUILDING 55, Market Street Sinjapore 0104 Tetephooe Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPOtf Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAMKAT WAH SOON SOU BHD IST AND ?N0 FLOW). NO 1 JAIAN CEMPENWG PORT KLANG MALAYSIA859 words
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Advertisement41 1985-06-27 23 SIM SWEE JCX) SHIPPING SDN. BHD. EXPRESS TO BINTULU f. Kebnt Lm*C <• SWEE LONG SATU tor 7t »/6 BmtaAi. *ri CONTAINERISED SERVICE RBUAN MYA Kudaif. SJxi. tot*. Mi KK Agents: JAMBATAN MERAH SDN BHD P. Kelang: *****6/7 K.L. *****7/*****1 Penang *****41 words
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Page 24 Advertisements
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Advertisement855 1985-06-27 24 7*l Itegimal Container Lines 4 Sa,i,ngB week, y IVK mI FaB Reliable Regular S Punctual Berthing P.S.A. Mon, Tue, Thur, Sat STOK MfTWW (-MM HMBURI k. ft 20 JM *21 M 22 M 21 M li Aug 14 Aug H 31 M 24 Ami *25 Aug 20 Aug 16 Aug855 words
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Page 24 Miscellaneous
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Miscellaneous177 1985-06-27 24 ft Regioqal Weather w&am j v s ft fr n V > .-n r. U Y m i as x m efeeaF* I.I SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °C yA O w Wind direction with speed in knots Wove height LEGEND: R Thunderstorm TWT, J/la!h177 words
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Page 25 Advertisements
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Advertisement112 1985-06-27 25 iMi?@ MSC AGENCES K. LUMPUR *****8/*****6/*****«/*****3 P. KELANG *****1/4 TERMMAL *****1/2 PENANG *****/*****/*****/***** P. GUDANG *****3/*****5/*****1/*****0 J. BAHARU 22SSM/2211M/*****5 LEOSrtP SPORE *****22 FAR EAST/EUROPE CONTAINER SERVICE [7TW7I 11 .'if.', ifnm CEE3BE2® E2H 11. :i wiama 11 'if ■TMim [U E3W EJi U UB TTTM fry m rrrr~^TnnTTMFryi niIMfMFMPTTFnTTMrMni iFirTM ALSO112 words
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Advertisement109 1985-06-27 25 WORLD LINE :j-i I 1 i',v jMji'iiiv'v iiiij BOHLER SHIPPING PTE. LTD. 137, Market St., #11-02, Bank of Eeet A»ia Bidg S'pora 0104 Tel *****44 (3 llnee) Tele* RS ***** BOSHIP HEAVY-LIFT EAST BOUND SERVICE S pore Lmißf tar 15 M Kmc K«c/J*m/CMm Ports HEAVY-LIFT WEST BOUND SERVICE S'port I109 words
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Advertisement291 1985-06-27 25 LICORNE SENJON SMPPM6 (S) PTE LTD. SALES/BOOKHGS TEL 2205*11 (I LUES SERVICE TO BANGLA-OESH/MMA/SM LANK A/PAKISTAN Scan Dutch 9 Jr To Europe (Med/UK/NC/Scan) B Butang InPt B Butang 4/7 B Butaof 11/7 B Butane 18/7 B Butang 25/7 B Butang 28/6 B Butang 5/7 B Butang 12/7 B Butang 19/7291 words
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Page 26 Advertisements
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Advertisement310 1985-06-27 26 w Mitsui OS K. Lines JLtd CONVENTIONAL/SEMI-CONTAINER AFRICA'S wUNO^j FART AFRICA HEROINAE GLORIA PEAK 24 Jul WFST AFRICA MORNING GRACE 13 Jul SOUTH AFRICA c NEDLLOYD COLOMBO* 28 Jun OSAKA MARU* 12 Jul S.A. VERGELEGEN 17 Jul HAYAKAWA MARU* 30 Jul MEDITERRANEAN ATHENIAN ZOE 30 Jun BRAVE SPIRIT 2 Jul310 words
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