The Business Times, 31 January 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. <P* No. 99/1/85 THURSDAY, JANUARY SI, I*Bs 60 CENTS
    12 words
  • 671 1  -  Estimated $700 m withdrawn last year for private housing By ALVIN TAY, LEE HAN SHIH HOME BUYERS withdrew about $2.7 billion from their Central Provident Fund savings last year, of which an estimated $700 million went towards the purchase of private properties. Developers reckon there
    671 words
  • 205 1 ERIC CHING, an executive vice-president of Asia Commercial Bank, is on the move again. Mr Ching will be joining the London-based Rouse Woodstock International as a director next month. Rouse Woodstock, which is represented on all the world's major commodity exchanges, is
    205 words
  • 481 1  -  By RICHARD SEAH EASTERN WATCH averted a winding-up petition yesterday after unknown foreign investors rescued it with a $2 million capital injection. Members of the Choi family, which founded the well-known watch company more than 40 years ago, have pumped in another $1 million to
    481 words
  • 310 1 FINANCE Minister Dr Tony Tan will present his Budget for the next financial year on March 8. The Budget debate will take place on March 18 and 19. After this, the Budget for the new financial year beginning April 1 will be
    310 words
  • Article, Illustration
    83 1 PROFIT-TAKING trimmed earlier gain In the stock exchange yesterday which still managed to close higher for the fifth consecutive session. The recent spectacular gains have raised hopes of a Chinese New Year rally and perhaps the start of a new ball market. What was eneonraglng was the heavy
    83 words
  • 448 1 THE Post Office Savings Bank stands to benefit from the Inland Revenue Department's increased efficiency in tracking down undeclared interest earnings, say some bankers and financiers. They fear that some people may shift their funds from banks and finance companies to the
    448 words
  • 430 1 Reuter MALAYSIAN CHINESE politicians have settled a 10-month leadership battle which split the country's largest ethnic Chinese party, a member of the ruling multi-racial coalition. Rival factions of the Malaysian Chinese Association (MCA) yesterday signed an agreement which Prime Minister Datuk Seri Dr Mahathir
    Reuter  -  430 words
  • Page 1 Advertisements
    • 172 1 A WATERMAN PARIS Writing instruments of distinction since 1884 Trade enquiries: Ttel: *****33 Get the most competitive rates on fixed deposits and savings accounts at UMBC FIXED DEPOSITS 111 ill 11 I 3 months 6 months 9 months ESBBIPMI fam M/m-M tirOTO.'lT'.r I'M** SAVINGS ACCOUNTS^ 12 months For amounts ow
      172 words
    • 274 1 mm RAW MATERIALS DOONESBURY MONEY EXCHANGE SINGAPORE Engineering and Consultancy Services has signed a memorandum of understanding with Chinese authorities in Xiamen to help develop the port. An agreement is expected in March. Page 4 THE LARGE US current account deficit and the strength of the US dollar could force
      274 words
    • 77 1 'J&fct?. "1 Travel on business with friends twice a day midday and and Sunday, Fly Royal Brunei and enjoy the hospitality of a naturally friendly people on the way to Brunei Darussalam any day of the week. Enjoy the convenience of the most flights,two every day, three on Friday and
      77 words
    • 13 1 BEHIND EVERY SONY PRODUCT IS SONY Service *****1 SONY THE ONE AND ONLY
      13 words

  • Page 2 Advertisements
    • 176 2 SEND YOUR BEST SU FF I WAY 4k '■■V,/ 7C "V 7 t V 0^ Ki J p» w of m f There can be few greater rewards for a job well done than a well planned holiday. Especially one paid for by the company. Tradewinds will package the ideal
      176 words

  • HOME NEWS
    • 556 3  -  By ANNA TEO AN ARTS CENTRE that offers degree or Masters programmes in Singapore. This is the vision of Brother Joseph McNally for St Patrick's Arts Centre. The centre is now offering full-time diploma courses in arts and design, and starting from March,
      556 words
    • 554 3  -  Manufacturers interested in discussing joint ventures with locals By SHAHRIR ARIFF AT LEAST two companies taking part in Wire Asia '85 are interested in optical fibre manufacturing in Singapore. Officials of a French and an American company told BT yesterday that
      554 words
    • 315 3 THE Singapore Convention Bureau will launch a promotion effort In It cities to sell Singapore as a convention city. The bureau, which is a division of the Singapore Tourist Promotion Board, will make preoeatattoos to potential convention and Incentive groups In each
      315 words
    • 440 3  -  By CHUANG PECK MING MICROKID COMPUTER, the commercial enterprise that offers computer coaching to children as young as four, is moving ahead according to plan. The six-month-old enterprise, which is endorsed by the Ministry of Education, has just set up its second centre
      440 words
    • 120 3 McALJSTEE A Co Ltd has been awarded a $1.2 million Fire Protection Installation contract for the new National Productivity Board (NPB) building. The contract calls for the installation of fire alarm systems, fire sprinklers, wet-risers and other fire protection devices in the 22-storey building
      120 words
    • 412 4  -  Agreement to be signed after feasibility study By GRACE YU SINGAPORE Engineering and Consultancy Services (SPECS) has signed a memorandum of mwtorstanrilng with Chinese authorities in Xiamen to help develop the southern port. An agreement is expected after a two-week feasibility study in
      412 words
    • 90 4 TELEFAX service to Finland (administration-to-administra-tion) and Brazil (subscriber-to-subscriber) will be available from tomorrow. The charges for Telefax service to Finland from all post offices and Telecoms customer services outlets is $27 per A size page. Legal siae documents will not be accepted tor transmission
      90 words
    • 52 4 THE Fire Safety Bureau of the Singapore Fire Service will start operations tomorrow. It will take over all fire regulatory functions from the Development and Building Control Division. The bureau will operate from the 3rd Storey of Block B of the former Institute of Education premises at
      52 words
    • 409 4  -  By SOH TIANG KENG Banking Correspondent ACCOUNTANTS, often accused of being too cost-conscious, should become more marketingoriented in their jobs. This could be achieved by accountants and accounting students talcing some basic marketing courses to instil "greater awareness" of the marketing decision process
      409 words
    • 338 4 MORE THAN half of all small group activities in Singapore are found in the public sector, including the statutory boards. Work Improvement Teams (WITS) accounted for 57 per cent of all small groups registered with the National Registration Centre as of January.
      338 words
    • 68 4 SIX bus services operated by Singapore Bus Service will be affected by the Thaipusam religious procession on Feb 4. These services IZJ. 139, 143, 104, 195 and 198 will be affected when Tank Road is closed from 4am to midnight that day. The buses will
      68 words
    • 387 4 EIGHTEEN contractors have tendered for the building of j Tampines Junior College, with the lowest bid of $16.8 million coming from Metrobilt Corpora- j tion Pte Ltd. Although the Public Works Department has yet to award it, the company stands a good chance
      387 words
    • 472 4  -  By CHUANQ PECK MING FEWER workers are attending classes in company premises under the Basic Education and Skills Training (BEST) programme and one of the chal- 1 lenges ahead, said Minister-in-charge Dr Tay Eng Soon yesterday, was to sustain the interest of employers
      472 words
    • 126 4 BRIGHTER schemes should be considered to encourage workers completing BEST courses to upgrade further by taking up skill Mi academic courses provided by the Vocational and Industrial Training Beard. This was ene «I the tasks Ministor-in-charge and VITB chairman Dr Tay Eag Seen nsked the
      126 words
    • 217 4 LESS DEVELOPED COUNTRIES (LDCs) are expected to invest increasingly in non-tradi-tional and value-added products to develop new export markets. This is one of several "broad categories of countertrade that are likely to be preferred in the future", according to Mr Michael Cesar U
      217 words
    • 171 4 THE LAUNCH of a family rnagarinp by the Singapore Women's Association yesterday was described as very timely by the Parliamentary Secretary (Community Development). Mr Teo Chong Tee, who was speaking at the launch of "Family Digest", a quarterly publication, said that publications like
      171 words
    • 402 4  -  By SHAHRIR ARIFF SINGAPORE is encouraging new investment in the manufacture of precision components and sheet metal, the supply of control boards and industrial grade electronic components, and sub-assemblies. Mr Leong Cheng Chit, divisional director (Industry) of the Economic Development Board, the government
      402 words
    • 303 4 SINGAPORE dealers who wish to act as agents for one of the world's leading brands of pressure standards should visit InstrumentAsiaBs at the World Trade Centre. A French company, Desgranges et Huot, is looking for distributors in Asean, Hongkong, Taiwan and South
      303 words
  • Page 3 Advertisements
    • 338 3 The logical solution for anyone in computer marketing looking for new business opportunities Computer Asia The Systems Event for South-East Asia 14-17 August 1985 Hall 4 World Trade Centre Singapore Now is your chance to be selective. Computer Asia is one event where you can focus on the opportunities in
      338 words

  • Page 4 Advertisements
    • 199 4 Fm Cecil and Tmrmty Officially, I'm known as Cecil Court, but I'd much rather you call me Cecil. Now that my show-office is ready and open for viewing, come look me over. Youll find me at the corner of Cecil/Boon Tat Streets and within the coveted Golden Shoe area I'm
      199 words

  • Page 5 Advertisements
    • 462 5 > IMR •*> .g- i p£M v r*' i rift y :r *jp F> --flip 'IpP f* ij '$3 -i < w,f w *'l ::>^p rfe:.9Sp|i?« Sftowofxirtmetit*Of>m7c(^saweefi Agency 'Park, Singapore 1024♦ Singapore's most enviecC acCdress T, awaits you Regency Park show apartment is ready for viewing. Ready to sweep you
      462 words

  • OVERSEAS
    • 647 6  -  Huge US deficits and strong dollar threaten economic expansion By BRIAN GOMEZ THE LARGE US current account deficit and the strength of the US dollar could force the industrial economies "into a period of slow growth" after the "quick spurt" in 1984. Sounding
      647 words
    • WORLD IN BRIEF
      • 75 6 JAPAN and Europe have started to block imports from Korea, endangering ?he Korean "economic itairacle," and the US should not shut its doors to Korean goods too. 1 Forbes, an American business magazine, said: ri The Koreans must Create 500,000 jobs a year to keep political upheaval at
        75 words
      • 46 6 SRI LANKA has signed a deal to buy assault rifles and four inshore patrol craft from China. A British military magazine, Jane's Defence Weekly, quoted highlyplaced government sources as saying Sri gave the Chinese a big shopping list with a plea for deferred payment.
        46 words
      • 66 6 THE PROSPECT of peace talks in Britain's longrunning and, damaging coal strike hung in the balance with miners' leaders due to consider yet another ultimatum that they agree to the closure of money-losing pits. The two sides had "talks about talks" fix* three hours yesterday but failed to
        66 words
      • 47 6 INDIAN Prime Minister Rajiv Gandhi said yester- day foreign governments were not firm enough with Sikhs living abroad who supported "terrorism". The Press Trust of India quoted him as saying that some overseas Sikhs were a source of the problem in India's state of Punjab.
        47 words
      • 75 6 A FORMER mortician has agreed to plead guilty to 60 charges of theft, attempted theft and abuse of corpse charges in connection with the discovery of 16 unembalmed bodies in his garage. Lincoln County district attorney Ulys Stapleton said Dale Patrick Omsberg, 34, Lincoln City, would change his
        75 words
      • 44 6 ABOUT half the homosexual and bisexual men in Sydney are presumed to be carrying the Aids virus. According to a government task force set up to tackle the incurable illness, 60-100 Australians could die of Aids before the end of the year.
        44 words
      • 45 6 Agencies TWO Taiwanese policemen were sentenced to death and another jailed for life yesterday for accepting bribes from drug pushers. Court officials said 13 policemen and six drug pushers stood trial in one of Taiwan's largest corruption scandals in recent years. Agencies
        Agencies  -  45 words
    • 169 6 Reuter VACANCY RATES in all major sectors of the Hongkong property market fell last year, according to preliminary figures in the government's latest property review. Letting of office space in 1984 was 449,000 sq metres, more than 20 per cent above the previous
      Reuter  -  169 words
    • 377 6 AFP THE THAI government, faced with a huge foreign trade deficit compounded by the baht's devaluation last November, is promoting exports and has mounted a "Buy Thai" campaign at home. The "Buy Thai" drive, proposed by Prime Minister Prem Tinsulanonda about a month
      AFP  -  377 words
    • 347 6 AFP AUSTRALIAN Prime Minister Bob Hawke has refused to be drawn into the dispute between New Zealand and the US over Wellington's ban on visits by nuclear-powered or nucleararmed ships. "The issue is one between New Zealand and
      AFP  -  347 words
    • 248 6 UPI U8 INVESTIGATORS suM they have ft tope recordiag by two suspects admitting involvement In toe killing of Chinese-American jeurnallst Henry Lin. "The Only City poOce department hns in Its pesnrmnisß n tope recording by Chen Chl-Li and Wan Tn which
      UPI  -  248 words
    • 144 6 FT THE FULL IMPACT of slowing US home computer sales became clear In results reported this week by Commodore International, the largest US home computer maker. Commodore's earnings fell by 94 per cent to just US$3.2 million from $50.1 million in the same period a
      FT  -  144 words
    • 347 6 UPI IRAN has said that its men killed more than 200 attacking Iraqi soldiers in the first largescale fighting in three months while Iraq said it would free its new Iranian prisoners. Iran's official Islamic Republic News Agency, monitored in Beirut yesterday, gave no
      UPI  -  347 words
    • 143 6 AFP THE THAI Navy has driven out an unspecified number of armed Vietnamese intruders who clashed with Thai forces near the Thai-Cambodian border last Sunday, killing one marine and wounding another. Thai Navy spokesman, Rear Admiral Sakchai Kaewchinda, said the Vietnamese forces intruded
      AFP  -  143 words
    • 478 7 AP IN SPITE OF a sharp increase in Sino-Soviet trade and other friendly exchanges, China has ruled out the early restoration of Communist party relations with the Soviet Union. A Chinese party official told a news conference: "The question of the
      AP  -  478 words
    • 754 7 ARRIVALS Operator .1 Service number Local time From KAL P PAA' LUFT MAS MAS MAS MAS RBA SIA AC CPA GIA GIA SIA SIA THAI SIA MAS GIA MAS SIA SIA GIA SIA SIA THAI GIA THAI SIA SIA LUFT CPA MAS BG MAS MAS SIA JAL
      754 words
    • 592 7 Another session planned to work out compromise NYT MINISTERS of the Organisation of Petroleum Exporting Countries have failed to reach an agreement to overhaul the group's pricing system and planned to meet again yesterday. A committee of five oil ministers presented the group with
      NYT  -  592 words
    • 241 7 UPI THE US SENATE has unanimously confirmed White House Chief of Staff James Baker as Treasury Secretary, clearing the way for him to complete a job swap with Donald Regan. The roll-call vote, the first of the year in Congress, was 95-0. Praise for the
      UPI  -  241 words
    • 129 7 AFP BANCO FILIPINO officials have dared the government to file charges against them and protested against the alleged forcible takeover of the bank's branches. The bank, the largest savings bank until it suffered from a massive run last July, was declared insolvent on
      AFP  -  129 words
    • ECONOTES
      • 60 7 THE EEC's new executive has forecast a deeper cash crisis this year if the group's governments continue to argue over how to finance an already large budget shortfall. Urging the ministers to reach an early agreement on a budget for 1965, Henning Christ ophersen said they would also
        60 words
      • 46 7 CHINA and Indonesia will begin formal negotiations soon on resuming trade ties. Chinese Foreign Minister Wu Xueqian said yesterday that he did not know when trade offices could be reopened in each other's capitals because this would depend on the outcome of the talks.
        46 words
      • 34 7 THAILAND has proposed a Joint economic comission with Saudi Arabia to boost trade. Foreign Minister Air Chief Marshal Siddhi Savetsila said yesterday that he made the proposal during his talks in Riyadh.
        34 words
      • 31 7 BANGLADESH'S gross domestic product (GDP) increased by 4.5 per cent in fiscal 1983-84. The country's central bank said this compared with 3.72 per cent growth in the previous year.
        31 words
      • 29 7 Agencies A US House of Representatives subcommittee is to take a close look at federal rules and laws govering hostile corporate takeovers during the new Congress. Agencies
        Agencies  -  29 words
    • 174 7 AP AMERICAN business productivity rose 3.6 per cent in 1984, the biggest gain since 1971, the US Labour Department reported. The Bureau of Labour statistics said the increase was due to the strongest advances in output and hours worked since the 1950s and a
      AP  -  174 words
    • 340 7 FT JAPAN and the US have agreed to pursue separate studies on four market areas in which the US Japan unfairly discriminates against American goods and services. The first round will be taken up immediately in Tokyo with officials from both countries
      FT  -  340 words
    • 177 7 Reuter BUSINESS LEADERS in the French Pacific territory at New Caledonia yesterday appealed for a major effort by industry and consumers to prevent the economy from crumbling under the effects of political violence. "We are appealing to the whole population to fight to prevent the brutal destruction of
      Reuter  -  177 words
  • Page 6 Advertisements
    • 255 6 A Major 3-day Conference on practical tax minimization THE 1985 ANNUAL TAX PLANNING UPDATE Conference Highlights AX THE 1985 AMENDMENTS TO THE LEGISLATION AND THEIR IMPLICATIONS ON CORPORATE TAX PLANNING IN SINGAPORE AND MALAYSIA Considerations In Tax Planning Effective Use Of Tax Treaties To Repatriate Profits Planning And Managing Inter-company
      255 words
    • 30 6 li mm Mortgage Loans? Hire Purchase? Loans against Quoted Shares? 1 1 HONG LEONG FINANCE LTD Call: 220 9433 PemntNo 0003 16 Raffles Quay #01-05 Hong Leong Building, Singapore 0104.
      30 words
  • Page 6 Miscellaneous
    • 50 6 Doonesbury BY GARRY TRUDEAU r 1 FOLKS. AFTER A r HARROVN6 NI6HT, ITS J A OSTMCT PI£ASUR£ TOANUOMETHAT7HS OPERATION MS A &6, fmsuca&y^ THB TRANSPLANT APPEARS TO HAVE: B6£N ACCEPIEP, ANP IHF RWENT IS RESTTNG COMFORTABLY IM wmiM '7. a Hi® 1 ft n th a p--33/ Ji m cm
      50 words

  • Page 7 Advertisements

  • Page 8 Advertisements
    • 152 8 assy 1 v roof m$MM< nm«'•» w WSsma SSme Darby 1 JALAN RAJA LAUT, KUALA LUMPUR 02-07 o I,: |1| I rvskt mm I v ,i .r fci'i Sime Darby Berhad VsTpfll 20TH FLOOR mmU AS FROM: 4TH FEBRUARY 1985 •J5T151 Sime Crest UsTili ffijsliw Tractors Malaysia CORPORATE HEADQUARTERS:19TH FLOOR
      152 words

  • BANKING AND FINANCE
    • 892 9 SINGAPORE The dollar closed mixed yesterday against major currencies after moving within a narrow range in quiet and featureless trading. The greenback closed slightly lower at 3.1705/15 marks against New York's 3.1730/40 close, firmer at 2.6710/20 Swiss francs against 2.6620/45 and un- changed at 254.20/30 yen. Sterling closed
      892 words
    • Article, Illustration
      282 9 Asian market ASIAN dollar deposit rates closed steady yesterday at opening levels in quiet afternoon trading. Short-dates were unchanged to around 1/8 point firmer at the outset and remained unchanged thereafter with overnight closing at 8-5/8 8-1/2 and week fixed at 8-1/2 8-3/8. Periods were little changed at earlier levels
      282 words
    • 256 9 Interbank rates at 3pm on Jan 30 CHrvtnciN quoted yealordey a chengo Local doNors to om unit of foreion on® wwii w currency: US dolor Storting pound Australian dolor NZ dolor Canadian dolor ***** 2.4679 1.7999 1.0346 1 6652 2.2095 2 4713 1 8018 1 0373 1 6666
      256 words
    • 302 9 EURODOLLAR futures opened on a bullish note yesterday with the March contract gapping nine ticks higher at 91.31. The contract finally closed at 91.29 after an active trading session. The market appeared to have moved up from its correction phase and poised to test new grounds. After opening lower
      302 words
    • 203 9 HONGKONG The metal closed marginally higher in extremely dull trading yesterday as market participants were mostly sidelined ahead of the conclusion of the Opec ministerial meeting. Gold closed at U*****.20/70 an ounce compared with New York's $301.80/302.30 close and the previous $301.70/302.20 finish here. The US dollar has shown
      203 words
    • 54 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for $80 million of 91-day Treasury bills to be issued at the option of the tenderer from Feb 4 to Feb 8. Each tender must not be for less than $250,000. Last day of tender
      54 words
    • 125 9 THE OVERNIGHT rate on the Singapore interbank money market rose by 5/8 point from Tuesday to close at 5-5/8 per cent yesterday. The one-month term rate rose by 3/16-point while the two and three-month term rates rose by 1/8-point each. S$ interbank rates at 3pm yesterday Offer Bid
      125 words
    • 1176 9  -  DAVID GABRIEL concludes his four-part series on financial futures with an advice not to take Simex as a place for a bit of fun. Dealing on Simex is a deadly serious game for big stakes. It calls for a cool head and steely
      1,176 words
    • 389 9 Reuter FOREIGN BANKERS in Pakistan are taking a crash course in Islamic finance with neither teachers nor textbooks to tell them how to do business without charging interest. As part of the military government's drive to enforce Islamic law, traditional hanking will be banned from
      Reuter  -  389 words
    • 155 9 Renter CHINA INTERNATIONAL Trust and Investment Corp (CITIC) will raise at least 100 million marks in bonds on the European market, CITIC chairman Rong Yiren said. This would be China's first entry into the Eurobond market after several issues over the last few
      Renter  -  155 words
    • 244 9 Reuter FEARS of an overload in the recently liberalised yen Eurobond market have been heightened, following the launch of three new Eurobond issues raising 76 billion yen on Monday, syndicate managers and dealers said. Monday's new issue volume is the largest since access
      Reuter  -  244 words
    • 38 9 Reuter FIRST NATIONAL BANK of Boston has become the third foreign bank to receive an offshore banking unit (OBU) licence in Taiwan. The Finance Ministry said the other two are Bank of America and Citibank. Reuter
      Reuter  -  38 words
  • Page 9 Advertisements
    • 89 9 Closing down All items less 50% Arzberg Porcelain Riedel Crystal Hurry while stocks last All shop fittings to go too! Business hours: 11am to 6pm daily PORCELAIN CRYSTAL COMPANY 'Far F i >T Ft;). 4 4 Scott 1 Ro< '.'J Tci 23b 4930 A ooce-in-a-lifetime opportunity to have a substantial
      89 words
    • 183 9 COMPUTERS CANT SOLVE ALL YOUR WRITING PROBLEMS A fancy computer can't help you write correspondence and reports if you don't know what to say and now to say it WRITE AWAY!, Communiskil's business writing workshop, ends the garbage going into your computer. It helps you produce the crisp, clear style
      183 words

  • FEATURES
    • 524 10 TWO TRUTHS are emerging from, or rather being reinforced, by the Opec dissension in Geneva and the pressure on the British pound. One is that cartels are hard to hold together when members' interests do not coincide, the other is that the power of the
      524 words
    • 1189 10  -  By BRAHMA CHELLANEY AP THE UNFOLDING espionage scandal in India, which has left the government bereft of its top military, nuclear and technological secrets, has all the ingredients of a spy thriller. However, the plot remains unclear and the government confused. Baffled by the
      AP  -  1,189 words
    • 150 10  -  letter to the Editor Arief Moeanadagr DEAR SIR, We read in your edition of Jan 17, 1985, the article "Sats to give assistance to new Jakarta Airport" written by Loh Hui Yin. The article gives some brief information about Cengkareng Airport and about our company, PT Jasa
      150 words
    • 977 10  -  By BARBARA CROSSETTE NYT "VIETNAM has lived without you for a thousand years, and we can live without you for a thousand more," a Foreign Ministry official told a group of visiting Americans recently. But diplomats and development experts from both West and
      NYT  -  977 words
  • Page 10 Advertisements
    • 316 10 DEEP SEA OR INTER-ISLAND SHIPPING Mr. Roger M. Jones, President of Jones, Bardelmeier Co. Ltd., ocean shipping consultants of Nassau, Bahamas with an affiliated company in Singapore, will be in Singapore March 3-6 staying at the Pavilion Intercontinental Hotel. The firm of Jones, Bardelmeier Co. Ltd. has served as ocean
      316 words
  • Page 10 Miscellaneous
    • 669 10 CRYPTIC PUZZLE ACROSS 1 Talkative animal? (6) 7 Domestic chores the children do? (8) Blt gets round being decorative (4) 10 A fisher on the frozen waters? (6) 11 Hand back a ticket (6) 14 Figure in fives? (3) 16 Bloomers in the wars (5) 17 Galtieri's rank (4) 19
      669 words

  • SPORTS
    • 1398 11  -  In a sparkling career that has spanned 27 years, Graham Cook has ridden over 1,820 winners and was Queensland's champion jockey for eight seasons. The veteran jockey was recently granted a one-year licence to ride on the Malaysian-Singapore circuit and on
      1,398 words
    • 478 11  -  By WALTON MORAIS MANY FAMILIAR faces will be seen when the fourth leg of the Asian Ladies Professional golf circuit hits Singapore on Feb 13-16. Heading the field of competent women golfers will be recent winner of the circuit's first leg in Hongkong,
      478 words
    • 196 11 UPI THE UNITED STATES and South Korea shared the first four gold medals of the Australia Games boxing tournament at Festival Hall in Melbourne on Tuesday. The American victors were Kelcie Banks in the featherweight division and Romallis mite in the lightweight division,
      UPI  -  196 words
    • 345 11 Reuter BRITAIN'S greatest squash player Jonah Barrington believes he is coaching a young man who could break the domination of the sport by Pakistan's Jahangir Khan. In 15 years among the game's elite Barrington never won the World Open title but
      Reuter  -  345 words
  • Page 11 Advertisements
    • 351 11 VISIT vt/VI A v \l V> I M I I XI INI 1 Mi ll MM I «NII > I\l *****1 ,)f^l 3RD PRESENTATION. MACHMEX '85 3RD MALAYSIAN INTERNATIONAL EXHIBITION OF PRODUCTION MACHINERY, METALWORKING AND ENGINEERING EQUIPMENT, AND HARDWARE. Knp yourself updated on WHAT'S NEW! In Ihe industrial machinery Third
      351 words
  • Page 11 Miscellaneous
    • 828 11 rii to m mmv 7.30 7.50 V 8.45 9.15 11.30 12.10 r. CHANNEL 5 3 PM SBC Text "Live" Sample Pages Opening and Programme lighigtits folowed by The Immortals (English subtitles/r) Tarzan The Prisoner (r) Andy Robson Unw®ngly to School 360 Degrees Views of Our World Panama (Malay) Programme Kglights
      828 words

  • INTERNATIONAL STOCKS
    • 215 12 Reuter THE NATIONAL Association of Securities Dealers (Nasdaq) has announced a US$l7.3 million expansion that will raise its trading capacity to 200 million shares a day from 125 million and create a back-up if the primary system fails. In addition, the association's board agreed to begin negotiations
      Reuter  -  215 words
    • 164 12 Reuter A MOVE by a group ot businessmen to buy up to half of Switzerland's largest watchmaker from the hnnira that rescued it is a sign of confidence in an industry that was recently on its knees, industry analysts said. The businessmen, led by
      Reuter  -  164 words
    • 106 12 NYT MCDONALD'S CORP has reported a fourth-quarter net income of US$9l.2 million or $1.03 a share, up 14 per cent from $80 million or SO cents a share one year earlier. SaMa totalled 1859.8 million, a 9A per cent rise over the |783.1 million in the corresponding
      NYT  -  106 words
    • 302 12 Reuter A SURGE of buying in the final hour of an otherwise routine session on Tuesday pushed Wall Street stock prices to an alltime record as measured by the Dow Jones Industrial Average. The closely-watched Dow Jones index rose by 14.79 points in
      Reuter  -  302 words
    • 117 12 IAN 29 c$ Hud Boy Min 45 urvch 18* 34 tot Prov Pip« 34* 41* kit Ut* 248 22* 1* InH Ntekat 28 Karr Add 16* unch 14* Lobtow 8 19* 37* unch 3* 27 Mc Bkxtt 29 34* 18 31* unch 64* 55 Nmottiki Mn 20* GMU Kd
      117 words
    • 198 12 MM 29 land Trust Bk Un St««i 210 105 -5 INDUSTRIALS UniMC 450 Wootworth 1350 -25 A Alpho 800 140 -10 MEMIfil 725 Amaprop 310 inch -25 5 Angtvoal 1650 +1000 AMC 965 Byyoot* Buff* 6550 -250 C G Smith 1950 2006 -50 Charter 475S 125S -25 3006 Edcoo
      198 words
    • 540 12 JAN 29 USJ Engehard Mnl Exxon Cp N L Must 11* 26* «*>ch ACF Industrial Natl Gypsun Co 43 -1* Alcan Akmwi Alcoa 3m 38* Frestone Tw Ne»>mont Mng 41 Lud 27* Ruor Cp FMC Cp AM Stores 52 r 1 roro mofor AJfeChabnan 7* Freeport Mini 34
      540 words
    • 934 12 Amsterdam p JAM 29 Fh P ABN 378 00 2 Amoh 157 50 -3 AhSd 213 00 I Nuo >00 50 -1.7 AMEV 215.50 -5.# C Amta% c Ar*oM 72 00 -0 5 1 Bark 49 30 +03 Bo? 103.00 -4 C Bonumii 333.00 -4 Za J CM
      934 words
  • Page 12 Advertisements
    • 466 12 i; wiae, iiiae aMi MtertaiK !r I fit. t')l bIXLxSUW > \M\CW Will I YK MlCflv >1 t ts' Wi sse W ■v <1 firI f Gourmet This sophisticated softly-lit French restaurant boasts a set lunch that's perfect for creating an impression. With attentive service at a pace you choose!
      466 words
    • 144 12 London stocks, "-4U rn4 V V 15' 5 g| Lounge Sip a glass of the world's finest wine while you relax in -the cosy ambience of The Lounge. Make your nights memorable with versatile quartet Body M Soul from Philippines. They'll captivate you! llippy H—i Spa 7pa. 25% off maß
      144 words

  • ASIAN STOCKS
    • 375 13 HONGKONG: Share prices closed slightly lower yesterday in moderate trading on lack of buying interest. The Hang Seng Index lost 3.83 points to close at 1,335.04. Against the trend, the property sub-index rose 12.86 to 1,475.01. Turnover was HK5255.93 million for the halfday session compared with $338.03 million for
      375 words
    • 209 13 JAN 30 Al Sincere Indus Aim Cement Cathay Cons Chang Hwa Bonk NT 5 25 24 40 28 20 51 00 1770 1820 1320 2040 1380 -0 25 -05 unch -I -07 -0.4 ■0.2 -0.1 -0.4 Lee Chang Yuen Chem Indus Lien Hwa Indus Non Yo Plos Pocrfic Cons
      209 words
    • 319 13 TOKYO: Share prices closed sharply higher yesterday after Wall Street surged to a record high on Tuesday with blue chips and populars leading the way. The market average, which rose 44.21 on Tuesday, added another 117.56 to close at 11,960.63 on a volume of 500 million shares against 570
      319 words
    • 99 13 MANILA: Share prices closed firmer in quiet trading yesterday. The Commercial and Industrial Index rose 0.33 to 104.18 while the Mining Index was up 11.65 at 745.22. The Oils Index firmed 0.009 to 0.606. JAN 90 Fnot Oriental B Phil Oversea* PMex B 0009 -0001 ***** unch 0.11 unch
      99 words
    • 360 13 SYDNEY: Share markets closed higher yesterday on heavy volume with the market encouraged by firmer metal prices and a record breaking performance on Wall Street overnight. Near the close, the All Ordinaries Index rose 5.9 points to 764.3 points, the All Industrials Index firmed 4.0 to 1,147.5 and the
      360 words
    • 157 13 BANGKOK: Stock prices closed lower in quiet trading yesterday. The Book Club Index fell 0.52 point to 125.33 and losers led gainers by more than a three-to-one margin. Turnover dropped to 162,917 shares worth 34.0 million baht from Tuesday's 275,773 shares worth 65.2 million baht. JAN 30 hhti Stam
      157 words
    • 80 13 Jon 30 Won 633 >3 Hyundai Corat Hyundai Motor 918 628 540 -2 1 +5 Chotwung Bk Commercial Bk 616 11 696 -4 680 soe -2 -2 Kor«o Oi Korea St*> 1795 365 -4 4 514 -6 727 11 615 -3 795 10 Dong Ah GoldStar Hani Bk Han
      80 words
    • 69 13 Reuter TAIWAN POWER CO (Taipower) said General Electric Corp, Westing house Electric Corp and Combustion Engineering Inc of the US and Nei Parsons of the UK are competing to sell it nuclear power plant equipment. They have offered to provide reactors or generators for its
      Reuter  -  69 words
    • 234 13 FT HYUNDAI MOTOR CORPORATION has opened a sales and marketing headquarters in the US and plans to sell its first models in the American market before early 1986. The move marks an important step in Korea's drive to become a major car
      FT  -  234 words
    • 109 13 NYT PHELPS DODGE CORP said it has signed a letter of intent to sell a "significant minority interest" of its copper mining properties in Morenci, Arizona, to Sumitomo Corp of Tokyo and its Sumitomo Metal Mining Co affiliate. Terms were not disclosed. Phelps Dodge, one
      NYT  -  109 words
    • 54 13 Bernama METHANOL will become Malaysia's latest export item with the start-up of a MS62I million methanol plant in Labuan. But the start-up, marking a milestone in Sabah's industrial development, is only for product fine tuning over the next two months. Commercial production would begin in earnest
      Bernama  -  54 words
    • 176 13 UPI JAPANESE car manufacturer Nissan is speeding up extension of its small, first-phase factory in north-east of Britain. It also wants to produce up to 100,000 cars a year, industry sources said. The building of a £300 million extension to the Washington
      UPI  -  176 words
  • Page 13 Advertisements
    • 119 13 mm ITTST TO Tw' M I imfHi Ae? a y///. z 4 #7=2 new menu. A WUETY DELIGHTS TO FILL ■•ii^ANY APPETITE 'ft: mnn CQfFEE HOUSE 2nd Floor Singapore 405 Kavetock Road Singapore 0316 Tel: *****81 tonight A Whole Leg of Tender US Bee. The Chef carves at 8.15 pm
      119 words
    • 143 13 k > < ■^f > f »&j.A f ~,<i >}'jb 4 v r V L% iiiiiriinrAv: Selected US Prime Beef Cuts, Continental and Game Specialities in a hunter's lodge setting. ■HL .n^ii'JkW. Monday to Friday $26.50 10% service charge 3% CESS SUNDAY MUNCH $24.00 10% 3% (adult) $12X0 10% 3%
      143 words
    • 91 13 J A <6 PH 4 Ppn/r Wi/j Hofr r *<*• t pJ3^ v *fr i: r New plush interiors which conjure up an entirety different atmosphere. Plus our warm hospitality and a menu of local and continental favourites that aims to please you... 24 hours a day. Daily Sat Lunch
      91 words
    • 134 13 he BEEFEATER mr\ rv*** »2 «g 0* z 5 mm r I i li s Lm i ri a Hi •■w i 05-03 Liaf Towers. Orchard Road Tel: *****25 Open daily 12pm to Midnight Take a Lift or Drive up to Level 5 and walk right in WE COULDN'T IMPROVE
      134 words
    • 87 13 ■4 M w m it I' OMinst JMMry 19K McMM^O Mot 9*++ Show TIME 1.16 pm 01 Hm* mm For reservations please call 734 6622 ext 142 m 19 Cairnhill Circle Singapore 0922 {fiatming garden restaurant u a >3rr V Serving a wide range of Chinese Hunan specialities in an
      87 words

  • RAW MATERIALS
    • 152 14 Chinese Produce FOB NSW 477 50 Exchange Nutmeg 438 00 281 00 (Setters' noon doting prices on Jon 30. SS/100 kg) 110 FOB NSW B W FOB NSW Coconut oil Gambier Bulk FOB 170 00 FOB NSW 330 00 Otd drum FOB 183 00 New drum FOB 187
      152 words
    • 269 14 Singapore A-1 special C-l special C-l Ordinary 177 unq unq (S$/Mo, ex-godown) Thai white Looruain 100% 100% 1st class first grade (kangaroo) 100% second grade 225 new crop 0.96 100% third grade unq 100% 2nd class 100% 3rd class 070 0.65 Parboiled 5% 10% 227 222 25% new crop
      269 words
    • 88 14 the Kuala Lumpur Tin Market price remained at the International Tin Agreement floor-level priee of Ms».ls per kg yesterday. Turnover rose to 114 tonnes (rem 16 tonnes on Taeeday on end-month disposals and no rattening or foreign concentrates were detected. The buffer stock manager was again the major
      88 words
    • 151 14 Yarn (lit HK$ per bole o* 400 lb) China carded yarn, cones Blue Phoenix 16's 2,900 Blue Phoenix 20*s Blue Phoenix 32'» 3,600 Blue Phoenix 40'» 3,850 Carded yarn, hank Btue Phoenix 21'» 3,300 Combed yarn, cones Blue Phoenix 32'» 4,600 Blue Phoenix 40'» 4,800 Open-end yarn Blue Phoenix
      151 words
    • 187 14 SINGAPORE The market closed slightly higher yesterday with February One RSS buyers quoted at 168.50 cents per kg, up 0.50 cents from Tuesday. The morning market gained 0.50 cents in quiet trading. Prices held steady at lunch-time levels in quiet afternoon trading. MALAYSIA The market closed slightly higher yesterday,
      187 words
    • 279 14 RAS prices <« s ik>, fob «bote*) noon close Buyer* Sellers Buyers Sellers Int 1 RSS Prompt 166.75 167 75 166.75 167.75N lot 1 RSS Feb 85 168 50 169 00 168 50 169.00 Int 1 RSS Mar 85 172.25 172.50 172 00 172.25 Int 2 RSS
      279 words
    • 141 14 MALAYSIAN crude palm oil prices closed easier in quiet trading on light selling yesterday, with sentiment dampened by lower Chicago soyfutures. February deliveries in the northern region fell M 57.50 to $1,182.50 a tonne, while south and central dropped $7.50 to *1,180. The refined palm oil market was
      141 words
    • 123 14 SOYBEAN futures on the Chicago Board of Trade accelerated their decline after mid-session on Tuesday to close 9V« to five US cents a bushel lower, with the nearby March delivery finishing down 9V< cents at $5.98'/? a bushel. Commercial selling by L D Commodity and Ferguson triggered additional liquidation
      123 words
    • 125 14 WHEAT futures on the Chicago Board of Trade closed higher on scattered commission house and local buying triggered on Tuesday when March prices broke through an important technical chart resistance point. Prices finished 2Vi to US V 4 cent a bushel higher. March reached the key 3.47 to 3.47
      125 words
    • 90 14 (cents/kg, 1-to February 85 March 85 (current mth) (forward mth) NOON NOON RAS luytn Sullen Buyers SSR20 163.50 I65 50N 165.50 167 50N SSR50 161.50 163 50N 163.50 165.50N MRELB Iwytrj Sellers Buyers Sellers SMR CV 191.50 193.50N 193.50 195.50N SMRL 190 50 192.50N 192.50 194 50N
      90 words
    • 905 14 COFFEE Robusta futures ended around the day's lows on Tuesday and with losses from Monday's close of £45 to £6. March ended at £2,369, down £39. Physical markets were quiet. Indonesian EK Ones were said offered on the spot at US$l25 per 50 kg in store with Ivory
      905 words
  • Page 14 Advertisements
    • 253 14 1 t. > -S .A>. iVw. at- i nana "-S k wen b <- v 9 J :k>r IV H 1980: A classic three-box shape. v*c ■iJ&Z*-'- j>»V_ V-o*- '\dt v- jJTJi3 tn 5 V Kc A' M K^aH>£ **3 r* 1 Ittft i lil l r -k J?-* v«V.
      253 words

  • SHARE INFORMATION
    • 4255 15 PROFIT-TAKING on a broad front was evident yesterday at the Singapore stock market, as a result of which stocks closed below the day's best levels. The indices, however, still showed gains, making it the fifth consecutive day of rises. The BT Composite Index rose 5.30
      4,255 words
    • 231 15 SINGAPORE Rites ICS 650 H Laong Craafct 540 Taip Cow 50« 690 H Law* Fia 318 Satwfor Dradg 500 J Caaaiant 174 Ham M 328 Hmm far 219 S P Taxtila 300 IndKapa 265 Himdnai S0( 208 W*iMon 408 Falls LlMSOt 249 M CoUos 458 TDM 318
      231 words
    • 447 15 THE KUALA LUMPUR stock market was hit by a round of profit-taking yesterday after a four-day rally. Some counters registered small losses but overall prices were slightly ahead and the market closed mixed to slightly steadier. The New Straits Times Industrial Index added 4.77 points
      447 words
    • 3998 15 BID and offer prices officially luted and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,998 words

  • COMPANY NEWS
    • 660 16 MALAYAN CABLES Bhd's new chairman, Mr Shamsuddin bin Abdul Kadir, 53, is firmly entrenched in the telecommunications business. His family company, Sapura Holdings, which is telecommunications-bised, is now in firm control of publiclylisted Malayan Cables with a 63 per cent stake. The new management has
      660 words
    • 2483 16 BID and offer prices officially listed and business in and reported to the Kuala Lu, npur Stock Exchange yesterday. with the number of shares shown in brackets in lots of 1,000 units unless otherwise specified. NXjSTRULS A Owe (2.856 2.905) (6) 2.88 (3) 2.92 0)2.90
      2,483 words
    • 91 16 HONGKONG Australian Industrials Wednesday 1148.3 Hong Seng Index Tuesday 1143.5 Week ago 1135.7 Wednesday 1335.04 Tuesday 1338.87 NEW YORK Week ago 1357.84 Dow Jones Tuesday TOKYO Monday '277.83 Week ago 1259.50 Tokyo Dow Jones Wednesday 07 Tuesday ***** 07 *****.01 Stondard and Poors Tuesday IZS'15 Monday Week ago
      91 words
    • 199 16 Managers' prices for Jon 31 Second B'putra 5.00 5.05 Third 8'putro 4.03 4.08 Fourth 8'putro 4.43 4.48 Singapore Unit Truat The Commerce 2.29 2.43 The Savings Fund > 61 1.71 S'pore Prog Fi*td 0.97 103 S'pore Sec Fund 1-45 J 5* S'pore Invest Fund 0.98 1 04 S'pore
      199 words
    • 246 16 Reuter A COLLAPSE on the London stock market has not been clearly signalled in spite of the abrupt downturn since the middle of last week, technical analysts said. Several leading brokerage firms are talking of a potential 10 per cent pullback from the all-time high
      Reuter  -  246 words
    • 474 17  -  By NAJEEB JARHOM ALFA-PACIFIC Securities' seat on the Stock Exchange of Singapore is now worth at least |5 million, compared with the |3.1 million paid by the four founding directors in 1962. BT understands that the sfs is making preparation to sell Alfa's licence to
      474 words
    • 226 17 Reuter STANDARD Life Assurance Co has no plans to bid for the remaining shares in Bank of Scotland after buying the 34.3 per cent stake held by Barclays Bank PLC. Standard Life general manager GD Gwilt said yesterday that the company
      Reuter  -  226 words
    • 319 17  -  By AMY CHEOK UNITED Industrial Corporation Ltd is spending $9 million to upgrade its flagship property, the UIC Building, in Shenton Way. The project is to be undertaken by the Management Corporation Strata Title No 360. The Management Corporation was formed under the
      319 words
    • 943 17 EQUITIES opened sharply higher yesterday as the Y key three-month interbank rate countinued to ease and sterling firmed. The FTSE 100 index at 4.4$ am was 21.3 points ahead at 1367.8. Sentiment was further 7 helped by the sharp rise on Wall Street the day before. However, trading
      943 words
    • 602 17  -  Sale of properties also under consideration By CHAN OI CHEE SPP LTD, the 64.5 per cent owned subsidiary of Tuan Sing Holdings, plans to hive off some of its unprofitable business. The move is obviously part of a restructuring aimed at
      602 words
    • 270 17 OIL (ASIA) PTE LTD, a wholly-owned subsidiary of Straits Steamship Company, has been awarded a technical and cooperative port management contract for a new supply base to be built in Jiuzhou Harbour, Zhuhai, on the west bank of China's Pearl River estuary.
      270 words
    • 317 17 A SUBSTANTIAL shareholder of Stagftpm Bos Service (1978) Ltd, Associated Bus Services Pte Ltd, has disposed of 351,500 shares at prices ranging from $2.18 to $2.23. As a result, Associated Bus Services now holds 3.234 million shares, or 5.215 per cent of SBS' issued capital. A SUBSTANTIAL shareholder
      317 words
    • LATEST RESULTS
      • 89 17 Group operating »1 •<» 91 million profit of M 54.66 million ($3.44 million) on turnover of $23.31 million ($19.29 million) for the year ended Sep 30,1984. A final dividend of 12 per cent less tax (10 per cent) is recommended to be paid on April
        89 words
      • 39 17 Group pre-tax loss of M 5993,000 for the six m mmn nnn rtn an lac nf months to Oct 31, 1984 (profit of $773,000 previously) on saiesoi $34.21 million ($26.47 million). No interim dividend has been declared.
        39 words
  • Page 16 Advertisements
    • 178 16 Fichet-Bauche Secures SMulti-Million Bangladesh Bank Contract Fichet-Bauche (SEA) Sdn. Bhd., in association with Alarms Elektroniks, recently secured the contract to supply and install a sophisticated Integrated Security System for the Note Printing Works Dhaka. This includes 11 vault doors of which 9 are special size. The contract was signed with
      178 words
    • 51 16 The \arg^st protessionc \aD the L 1 c region Our exacting quality control ust as sha r p an.-i Deautifu! too Come to Albert Photo tor Colour print enlargements Colour l-lsp.i'.-" E-'ai h > t r ii. .1 >■ Ft r IS 4 Pl u-.i r rj ALBERT PHOTO Branches
      51 words

  • Page 17 Advertisements
    • 73 17 splendid read who could resist it?' THE PYRATES Georfe Mac Donald fraser On a voyage to the Indies. the fabled Madagascar crown and the fcveiy Lacty Vbnity Brooke were lost to ThePyratee. WW our hero. Captain Ben A#ary redeem the treasure and rescue his love from the lascivious clutches of
      73 words
    • 709 17 The Sumitomo Trust Banking Co., Ltd. Balance Sheet As of March 31.1964 and 1983 Banking Account Cash and Due from Banks Call Loans (Note 2) Securities (Note 3) Loans and Bills D«counted( Note 4) Foreign Exchange (Note 5) Other Assets (Note 6) Premises and Equipment (Note 7) Customers' Liabilities tor
      709 words

  • 565 18  -  By BOEY KIT YIN TARIFF CUTS in Japan to allow more imports are ineffective without a corresponding relaxation of non-tariff barriers, a visiting Keidanren delegation was told yesterday. At a meeting with the Keidanren (Japan Federation of Economic Organisations) delegates, who are Japan's business
    565 words
  • 363 18 JAPANESE COMPANIES in Singapore have been invited to list their shares on the Stock Exchange of Singapore. This was one of several requests received by a visiting Keidanren team, comprising Japan's top business leaders, during its meetings with Singapore
    363 words
  • 282 18 THE Trade Development Board will set up a countertrade services unit "very shortly" to act as a link between traders in Singapore and other countries. Chairman Chandra Das said at a countertrade seminar yesterday that countertrade now accounted for about 28 per cent
    282 words
  • 189 18 THE MANAGING director of Pony Motors Pte Ltd was charged yesterday with nine counts of being privy to offences committed by his company which submitted false declarations to the Registrar of Vehicles for Hyundai Stellar cars. In addition to the nine counts, Chee Seok Yong
    189 words
  • 351 18  -  By FOO CHOY PENG PRIME MINISTER Lee Kuan Yew has accepted in principle an invitation from Chinese Premier Zhao Ziyang to visit China. A Foreign Ministry spokesman said the invitation was made through Chinese Foreign Minister Wu Xueqian, who left Singapore yesterday after
    351 words
  • 434 18  -  By BRIAN GOMEZ ECONOMIC GROWTH in the Western bloc appears certain to continue into 1966 after a decade of international stagnation, two eminent international financial experts predicted yesterday. Such a scenario is certainly good news for Singapore businesses, many of which are
    434 words
  • 94 18 DAEWOO CORP was fined $2g400 yesterday for using wire rope slings on a tower crane and a crawler crane which were not tested and examined by an approved person. It pleaded guilty and was fined $1,200 on each of the two charges. The offences were
    94 words
  • 64 18 WALL Street stock prices rose sharply in early trading yesterday as the market resumed a rally begun in the final hour on Tuesday. The Dow Jones Industrial Average, which rose nearly 15 points on Tuesday to record level, was up a further 2Vi points to over 1295.
    64 words
  • LATE FILE
    • 60 18 UPI NINE of the 13 Opec member nations agreed on a new pricing plan but the oil cartel's emergency session ended without unanimous agreement yesterday, Saudi Arabian Oil Minister Ahmed Yamani said. Formally rejecting the agreement were Algeria, Libya and Iran, who opposed the automatic abandoning
      UPI  -  60 words
    • 52 18 AFP SQUEEZED by sagging world oil prices and the lack of a major offshore oil find, China yesterday said it would offer better terms to foreign companies participating in a second round of exploration bidding. The new terms would include more favourable profit-splits on oil
      AFP  -  52 words
    • 47 18 UPI FIVE NASA astronauts, a US Senator and a French spaceman will blast off next month aboard the space shuttle Challenger on a fourday mission to launch two communications satellites. The Challenger is tentatively scheduled to take off on Feb 20. UPI
      UPI  -  47 words
    • 59 18 Reuter UNITED NATIONS Secretary General Javier Perez de Cuellar said yesterday "modest progress" had been made in the search for a peaceful solution to the Cambodian problem but much remained to be done. He said be obtained important clarifications from Hanoi's leaders which should help non-communist
      Reuter  -  59 words
    • 54 18 Reuter THE Sri Lankan government said yesterday it was considering the imposition of "soft" censorship on news relating to guerilla activities in northern province. Information Minister Anandatissa de Alwis said that when government security forces were fighting a war, it was necessary to be careful about
      Reuter  -  54 words
  • Page 18 Advertisements
    • 275 18 •\i i)A V MAIOR CONFERENCf ON BUSINESS CYCLES f-OK ENTREPRENEURS PROFESSIONALS AND EXECUTIVES INVOLVED IN INVESTMENT CREDIT PLANNING MARKETING AND BUDGETTING THEORIES OF BUSINESS CYCLES. THE KONDRATIEFF AND ELLIOT WAVE THEORIES study of cycles a. cycles, and waves not cycles and rhythms mutually exclusive natural rhythms the 9-year b. Elliot
      275 words
    • 216 18 Industrial states warned of slow growth ahead, Page 6 A realistic look at the The true story behind the U.S. Dollar. At Bache Securities, we've taken a realistic look at the U.S. dollar. In our report, we discuss the dollar's past performance and also explain where we can expect it
      216 words
    • 6 18 See page 7 Leader, Page 10
      6 words
  • Page 18 Miscellaneous
    • 55 18 Outlook for today: Partly cloudy; with showers over several areas in the afternoon. Report for 25 hours prior to 7.30pm on Jan 29 at the airport: Maximum temperature 31.5 Associated humidity 68 Minimum temperature 24.5' Associated humidity 97 Hours of sunshine 5.45 Rainfall in millimetres 12.6 Roinfoll this month 74.0
      55 words

  • SHIPPING TIMES
    • 222 19 A SPOKESMAN (or the Fv East Trio consortium •id that the group was pleased the dispute in Southampton was over and would be discussing whether to resume operations in Southampton. Trio, comprising European, UK and Japanese shipowners, provides some 200,000 TEUs for
      222 words
    • 318 19  -  By G DURAIRAJ KONSORTIUM Perkapalan Berhad, whose swift expansion in the container haulage industry sent ripples in the shipping community, is now creating waves with its rapid diversification into shipowning. The Penang-based transport company has phased in its first container vessel in the Penang-Port KelangSingapore feeder
      318 words
    • 177 19  -  By Kinglsey Wood TRUCK drivers from as far afield as Victoria and Queensland have converged on Newcastle to take part in the greatest coal convoy In the Australian port's history. Some 320 big semi-trail-ers are working around the clock hauling 70,000 tonnes of coal a
      177 words
    • PORT SIDES
      • 128 19 THREE crew members of the distressed 1,993ton Hwa-Pyong Ace, a South Korean container ship, were found dead, while three others were picked up by a Japanese ship, Japanese Maritime Safety Agency officials said. The 476-ton Chosei Maru of the Nagasaki Marine and Fishery School joined an extensive
        128 words
      • 49 19 Reuter SOUTH Korean exports of shipping containers totalled US$36O million last year, more than double the 1963 exports of $173 million, officials of the Korea Container Industrial Association said. They attributed the sharp rise to new orders from major US shipping and container leasing firms. Reuter
        Reuter  -  49 words
      • 67 19 Reuter THE NUMBER of ships awaiting a berth at Chittagong port fell to 20 on Monday, with a fnarimum delay of 16 days, port officials said. Some 13 of the ships are carrying general cargo, three wheat, one urea, one potash/rapeseeds, one sugar and one salt, they added.
        Reuter  -  67 words
    • 674 19 •hipping Um N|* Cel Stripping Line Cel Afeo VI 3 Fargo Shpg VI 2 Ahrenkiel Liner VI 5 Fesco VI 4/5 Alphatrans Andeka Shpg VI VI 4 1 FMG-CAVN Franc o-Belg VI M 1 4/5 A ML 1 1 Frata Shpg VI 2 APC Line V 4
      674 words
    • 1442 20 ANGOLA Luanda Jan 15. 8 days. 11 vessels berthed, 8 waiting. Lobito No waiting time, 4 vessels berthed. ARGENTINA Buenos Aires Jan 15. 2 days. No grain vessels waiting, but 1 vessel waiting for an open quay berth. Necochea 4-5 days, all berths occupied. 2 vessels waiting for
      1,442 words
    • 1793 20 TIME-CHARTER booking and grain voyage fixing contributed all Tuesday's reported business as iron ore, coal, fertiliser and sugar markets entered a quiet spell. Outstanding among time-charter operations, Egyptian charterers booked four bulkers for February trips from Vancouver to Port Said. Business on their account included payment of U553,500
      1,793 words
    • 1094 20 Transport 2000 IN NEWSPAPERS throughout Ohio in the United States recently, there ran a correction to an advertisement run by the Sears, Roebuck and Company. Nothing much was wrong with the ad that ran, except that the merchandise was not available. Forgive us, please. The manager of
      Transport 2000  -  1,094 words
    • 206 21 TWO banks Credit Commercial de France (CCF) and Continental Illinois have moved forcibly since the new year on non-per-forming loans. The French bank is reported to have arrested three of the five ships managed by Piraeus-based Sounion Shipping. These are the 15,260 dwt general cargo ship
      206 words
    • 383 21 PANAMA'S position is unlikely to be threatened by the increasingly popular Hongkong-British register. "There is plenty of room for all countries," Mr CR Noriega, Panama's counsul-general. He was speaking at the end of a week-long trip to Hongkong by Dr Hugo Torrijos,
      383 words
    • 374 21 LAURJTZEN Reefers has won a 12-month contract to ship bananas for United Brands. The US-based United Brands invited new tenders after the collapse of Saleninvest late last year. The previous 12-month contract was held by Salen Reefers. Although no figure was placed on the contract, Lauritzen
      374 words
    • 277 21  -  -By Kinglsey Wood FOLLOWING two days of ♦•11« with the Australian Confederation of Trade Unions and federal executives of waterfront and maritime anions, the Northern Territory has set up its awn task force to look at problems which have placed at
      277 words
    • 191 21 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      191 words
    • 5616 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      5,616 words
    • 640 27 SBST RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrivnl for LCL movement Ship B Butang Tanah Air Kowloon Bay Voy date/time Operator cargo schedule Location 606/61A 12NB 66/402 31.1.85 31.185 1.2.85 2100 2300 0700 Ned-EAC NAPL Mansfield TA 3 TA 3 FSB 0800-0900 0900-1100 0930-1100/1330-1500
      640 words
    • 1816 27 The leading shipping lines operating from local ports and their agents. A-B AFF.A African Shipping Agencies <Sl Afra-Earasla line Transgroup <S|. Ahreaklet Liaer Service Kim Shpg 'Si llred C Taepler Oceanus Shipping Agen cies (S) Manntex Enterprise (PK) Alpar Inirasea (Si Bintang Shpg (KL> Island Cargo
      1,816 words
    • 497 28 ""w AT CONVENTIONAL WHARVE8 Vessel Berth Agent Arrival Departure KEPPEL WHARVES Hugheverett Iran Elham Kim Soon Li Makmur Armagnac Jenhol Katorl Kinabalu Lapan Kota Jade Kota Pelangi Postojna Rajah Brooke 25/6 10/11 22 21W 33/4 22 1/2 29/30 8/9 10/11 46 21 Everett Sinose TSoon SSPL Sealion
      497 words
  • Page 19 Advertisements
    • 503 19 ®i HEUNG-A SHIPPING Korea Ftafl V»»s Regular Liner Semi-Container Service To: P. Kelanf/Penanf Busan/Inchon Fm: Busan/Moji S'pore Agent: Neptune Agencies Pte Ltd Tel: *****77 P.K. *****4, PN *****5 K.L. *****0 mm With US Custom# holding up mtrchwdiii at ports, ahip optratore an in dHwnmi 11 PANAMA'S position is unliksly to
      503 words
    • 320 19 UNITED ARAB SHIPPING CO (SAG) uUASC St Al OPD SHIPPING AGFNCIt S /■O She<Mun A OJ 0?C M*r .n« Mou** Singapore O/O Tel CFS offic eT PC 03 TO Tel 22? in 1 and :7JOt> 17 Terminal office IPC 03 29 Tel No *****90 222 C.93 nrr T 'iT: <ri:y:).'
      320 words
    • 812 19 Foreign txctiong® Dealing^ MAERSK LINE bM 1-2/2 LOUB 7-7/2 1-9/2 lEBE 14-14/2 15-14/2 LABI 21 21/2 22/23/2 LAURA 2*-21/2 1-2/3 7-7/3 M/ 3 SHGAPORI QOSMG IMS CY 4 2 1100 HRS CfS 3/2 2300 HRS PORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA ni' <•: i wT ii I
      812 words

  • Page 20 Advertisements
    • 398 20 Ml, ■mm Feeder *P Kelang B BUTMG 1/2 B BUTANE 8/2 B BUTAUG 15/2 B BUTWK 22/2 B. BUTMG 1/3 B. BUTMG 8/3 B. BUTANG 15/3 8 BUTANG 22/3 FAR EAST/EUROPE CONTAINER SERVICE f""" 1) Mseites|2) Rdam|3) KbwcfU) Gburg I VESSEL 1 1) Gburg |2) Hburg|3) Bwijl) Rdaw|s) Le MjP
      398 words
    • 416 20 USA/CANADA Fndw at Tokyo Mho Wl LA/LB OAR Stt M. «/3 7/3 AMUO 1/3 11/3 1/3 11/3 HTWA 19/3 a/3 TORTO M 23/3 2C/3 M v woe KUHK M N ron M USO M Also accepting LCL Cargo tor USA Port* only. Ki/UKANt MARt NED CIEMNT SHOMNA MMU wd van
      416 words

  • Page 21 Advertisements
    • 940 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited I STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT FRANKFURT EXPRESS KOMOOW BAT HAMBURG EWttSS KASUGA MAMJ lOK 10 EIPRESS CARDIGAN BAT OSAKA BAT LIVERPOOL BAT TOKTO BAT UTINO MA*U S
      940 words
    • 617 21 Franco Belgian Services Fm.r y*r+< (MEMBER OF ACt CONSORTIUM) Hit COWTMtI SEIVICt 10 tUKOPt FULL COHTAJHEKSHP StlVICt FROM BJROtt CrtVAIW PML ocvuci ton NEPTUK ansm MAfTEMJNC* STVEN au una STOBE PXELANGIeHaree «d*> Ha rH«a« A* 7 Feb 9 Fell 111* 3 Mar 5 Mar I Mar 10 Mar 17 Feb
      617 words

  • Page 22 Advertisements
    • 547 22 HCSline IQMfi I.Q**n*S Tip* FULLY CONTAINEPJSED SERV 10 fUROPt Vl* SUI/ 1 Mymfrr ~i Ihf f jmoi t»»i OCYALO PAUL 4JW 7 CtCVALO HUE 4211 17 kptuk crystal m 2* MAETEMJNCK Ml 3 SEHEN SEAS HOME 49W 10 ALSO LOAOMG FOR BREMERHAVEN MAETERLINCK 4E SEVEN SEAS BRDGE 4SE KOREAN lACEJM
      547 words
    • 358 22 INDIA/BANGLADESH (Mtitonf/Calcutta CWttifonf/Calcutti I m THONG SOON AGENCIES PTE. LTD. 09-07 ROBIN A HOUSE S PORE 0106 TEL *****88 TELEX RS ***** BOOKING 22 1 4256 (DIRECT LINE) SINGAPORE TO PENANG I V SIN6APORE TO KUCHING •EQUATOR ~h Port •EQUATOR IV 1 F«b •EQUATOR V 4 F«b 6 Ft 12
      358 words
    • 537 22 Jlr Hapag-Lloyd -<i TO CONTINENT/UK i Baj Kiwi a Mm Tekie Eipreti Cardan Biy Osaka Bay Liverpool Bay On cantata to Scandnatria, Mid, Cambaan IS. Amtrica Intend haitota to Wand dtsttnationi in Etropa S pore P Ketanf Penjn| Leiaoet B4>ao Genoa Kbuj Adam B'hanen Antwerp trg I S 14/2 13/2
      537 words
    • 813 22 o EVERGREEN Full ContJiner Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/ W MED /FE) it ix m nt on m i» nt n in fu bom u» EVE* GIANT 3/2 7/2 5/2 10/2 13/2 15/2 11/2 «/J 12/3 14/3 11/3 27/3 21/3 30/3 31/3 2/4 0 4 25/4 EWI GUK 10/2
      813 words
    • 232 22 o US I NOSE MARITIME PTE LTD VI(T1 ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sin( apart load* tar 25/2 B. Abbav B. SMOSt MARtTMK PTE LTD TIL ******4 7 I *****70 MAIOSE MARIIMK SON BHD let *****2 3 MALAYSIA TRADE I TRANSPORT ITO Tel ***** I ***** TO
      232 words

  • Page 23 Advertisements
    • 864 23 V\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA MEGAH KOTA TIMOR KOTA WWAWAN KOTA SINOA KOTA LUSAKA KOTA WANGSA VOYAGE E-545 E-547 E-549 E-551 E-553 E-555 EAST AFRICA/REDSEA SERVICES LOAWNO BE|flA MOMBASA, D'SALAAM uss MOM ABA sss -as was" *7/3 11-16/3 ADEN.
      864 words
    • 740 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE now [mow I-»loo<- Bj. Riljoo Maru Harnbuf Eipress Mm Maru Kasuga Mini Benavon Tokio Eipress Cardigan Bji Osaka Bar euro* HAM B HAVEN Sated Sated Sj*»d Sided Saied Saied Sated Sided Sated Sided Sided Sided 2/2 4/2 13/2 14/2 19/2 21/2 R DAM
      740 words
    • 645 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pore Service Fii Container Vessel. Baun Yekduaia Kebe Kagame Henfta(S pare T|Prieb («rt) GOWA Vl6 17/1 19/1 22/1 24/1 7/2 9/2 MAjAPAMT 917 30/1 2/2 7/2 13/2 14/2 l</2 1 a.fcaMli'Jii;! l .H'-tt WEST BOUND Spn Branw I'tai Hiatal Mn| «wr Ml 1-11/2
      645 words
    • 415 23 BOUSTEAD SHIPPING AGENCIES f* BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Ranfoon Spore 1/5 Feb 7/1 Feb V* 11/13 Feb 21/24 Feb BANK LINE .r.OWTABO SERVICE TO UK/COHT SPORE R'DAM HULL HMBG MEADOWBANK 9 Mor 5 Apr 10 Apr 13 Apr IVYBANK 12 Apr 8 Moy 11
      415 words

  • Page 24 Advertisements
    • 1060 24 K LINE ECUADOR/PERU/CHILE FEEDER VSI MOT*R *Sl KANSAI PIONEER M 3 VSI L KAWASAKI KISEN KAISHA, LTD. PKLG PNG SPOKE KOBE GUAtAGUK CALIAO ARICA *W* AfAGASTA S ANTOHO VALPARAISO 23 ftb 24 Ftb 26 Ftb 2S Ftb 15 ll* 21 Apr 2 10 •k* 12 14 SPORE ALSO ACCEPTMG SHANGHAI.
      1,060 words
    • 736 24 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER BULK SERVICE loading lor lOS ANGIUS SAN fRANCISCO SIAITU lACOMA VANCOUttR BC Accepting FCI FCL Containm P Uridfy Singapore I Angeles BHAVABHUTI" 28 Feb 27/28 Feb 28 Mar AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI FCI Containers P KeUnf S pore 8 9 Feb 10/11
      736 words
    • 617 24 SANKD ASIA FROM JAPANESE ROMTS ANO HONGKONG S#!{»POff PKeUnt 1/2 Feb 9/10 Fab 13/14 Feb 15/16 Fab 16 17 F«b 21/22 Feb 27/21 Feb PefUM 1. mo COLORADO 2. EDO MRU 6/0 Feb 3 GOTONG ROTONG 10/12 Fefc 4. MEN LEMNNG 12/14 Fab 5. St A ROYAL 13/15 Fab 6.
      617 words
    • 619 24 INTRASEA (PTE) LTO 10 Anson Road b27 16 International P'a/a Singapore 0207 Tel *****1 1 110 Lines) jrosAUAim o BREAKBULK SERVICE TO EUROPE/UK SKfTER N *****1S S pore P Kctanf Loadnc tar--4/2 10/2 ROTT/AMT/UJI. (A¥0«) SEAWOOD SHIPPING CORPORATION Spore .NORTKRN VALLEY Saied teddah/Mont^cane bents Snopure MTIASEA (PTE) LID BOOKK 22*511
      619 words

  • Page 25 Advertisements
    • 584 25 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C PAUL S'pore Closing Times: FCL Cargo 0300 LCL Cargo 1500 7/2 6/2 FREMMTLE 12/3 Abo accept in* cargo t« trom Bangkok and Malaysia TPA CONTAINER SERVICE 19/3 For discharge only A TEMASEK S pore Closing Times fCI Cargo 0200 8/2
      584 words
    • 638 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON MCHON BUSAN 13/2 H/2 1/3 14/3 21/3 1/4 VmH No 7 No I No i No S No 7 No t Sparc PK SOIN hi Port 1/2 /SOIN 1/2 12/2 /501N 20/2 K/2 /JOIN 24/2 502N
      638 words
    • 614 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHARKAT NAH SOON SON. M>. IST AND 2ND FLOOR. MESSRS MAI THONG SHPTMG 23 MeM
      614 words
    • 118 25 DURBAN.JOHANNESBURG. MAPUTO MAURITIUS ft REUNION WESTBOUND ETA PT SIN LOUIS DURBAN BEIRA SARNIA IW/85 3/2/85 20.2.85 252 85 1 EASTERN HARMONY 18/2/85 28/2/85 5/3 (Contrs Onty)| 2W/85 also accepting cargo lor Malawi Zimbabwe fsrmflvnm ETD ETD ETA VailalSlSUlUSM R BAY DURBAN SIN BARON STAR 19 185 29 185 14 285
      118 words

  • Page 26 Advertisements
    • 868 26 Regional Container Lines (25m i "SI 3 Sailings Weekly CTHLIJI II Reliable Regular Punctual Berthing P.S.A. Mon, Wed 4 Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA *0Y SM SKIA BKK PKT SKIA RATANA BHUM 311/263 2/3 Feb 8/' Feb It A TANA BHUM 264 319 J/10 Feb 13/14 Feb RATANA BHUM 320/321
      868 words
    • 51 26 FARGO SHIPPING COMPANY (PTE) L TD 1 EXPRESS CONTAINER SERVICE SINGAPORE BANGKOK 3 SAILINGS WEFKLY Acceptinf both FCI and LCI: LCI Cargoes packed at private CfS; Mon-Fri 9am 5.30pm Saturday 9am 12.30pm aid. Sun I Pub hots. 7B Keppel Road 17-07 Taniortg Pagar Complex Singapore 0208 Tel *****77 *****88 A
      51 words
  • Page 26 Miscellaneous
    • 150 26 Ta Regional Weather i ri<3 us as fj 5*5 S? > ft* -A 0/ s ILs£ C CT"" Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R, Thunderstorm Temperature °C Showw weather Wind direction with speed in knots Rain Wave height
      150 words

  • Page 27 Advertisements
    • 88 27 WORLD LINE EXPRESS REGULAR SERVICE MPAN/HONOONG/STRMTS vtsstis STOW KAIMANTAN TIG* Ml 3« Feb 1/3 TROTICAI VENUS M. 31 Feb t/t SIVER IMI Wl 121 Feb 12/14 HORN mil Feb 19/21 M NSC vrueh berth Smfaptre at ffW GDN 303 C 8 7 Soiftpore On NfPON EXPRESS (S) PTE LTD Work)
      88 words
    • 163 27 Scan Dutch V SINGAPORE ACC£PTWG SAILING 1) MARSEILLES 2) ROTTERDAM 3) HAMBURG GOTHENBURG To Red Sea/Mediterranean From Europe From Red Sea/Med. FEE! PENANG (I) Borcelona, Genoa, Bilbao, Leghorn Volencia (2) Amsterdam. Antwerp, LeHavre, Basle Southampton, Liverpool, London (Tilbury), Canary Islands (3) Bremen, Bremerhaven, Aarnus, Copenhagen, Helsinki (4) Malmo, Stockholm, Oslo
      163 words

  • Page 28 Advertisements
    • 305 28 1 MO L I'II'I wxzat ysHHtttsx* Mitsci OS K Lines Lid CONVENTIONAL/SEMI-CONTAINER CONTINENTAL PARTNER NEDLLOYD MOJI APOLLO PEAK 5 Feb Mombasa. Dare&aiaam. Beta. Nacala, Tamatave 22 Feb Mombasa. Deressalaam 25 Feb Port Louis. Reunion AFRICA'S HIMALAYA MARU 12 Feb Monrovi*Ab{d|an. Tama. Apapa. Douala NEDLLOYD MANILA 4 Mar Apapa. Monrovia, Abidjan.
      305 words