The Business Times, 12 February 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, FEBRUARY 12, 1185 60 CENTS
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  • 399 1 PAP Members of Parliament are encouraged to speak freely in the House and, if they do not vote against government policies, they have two reasons for it, says First Deputy Prime Minister Goh Chok Tong. One is that PAP MPs
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  • 631 1  -  Records show one shareholder of W W Wings is a director of Jefferson Boyd By RICHARD SEAH AN APPARENT link has emerged between the two companies in which scores of people have invested more than $2 million in various fast food franchises that brought little or no
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  • 215 1 THE OLD-FASHIONED neighbourhood bakery's hold on the market is weakening. Rising overheads, succession problems, aggressive competition and bigger and more advance bread manufacturers, and changing consumer taste threaten to trim their number considerably in the years ahead. Such family-owned businesses are losing out to
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  • 194 1 A LOCAL TRADING company lananag has set up an importexport joint venture with Chao Hu city, Anhui Province, in China. Chao Nan Import Export Trading Ltd will have an initial capital of US$l million. Its business will include import and export of
    194 words
  • 428 1  -  By JEFFREY TSANG PROPERTY developers yesterday responded enthusiastically to the idea put forward for discussion by the First Deputy Prime Minister on Friday to give owners of public housing more room to invest in commercial and industrial property. But they are not so
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  • 123 1 UPI US BILATERAL trade grew by 37 per cent last year, topping US$6 billion for the first time. A US embassy statement in Beijing yesterday described 1984 as a "banner year" for Sino-US trade, unlike 1963 when a textile dispute resulted in a
    UPI  -  123 words
  • Article, Illustration
    89 1 HOPES far a lasting rally were shattered yesterday as store prices on the Singapore stack market fell aereas the beard. Trading was thta ea a lack of fawtltatt— il support. Many observers were hoping that a geed rebeand weald help complete the right shoulder of an inverse head
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  • 531 1  -  By LEE HAN SHIH THE DEVELOPERS of Raffles City are faced with the decision of either selling the offices in the complex for about $357 million, or leasing them out ft»* a mere $1.6 million in annual
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  • Page 1 Advertisements
    • 70 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Why HOB hM to impoaa levy oo reeale flats, Back Pag* BETTER QUALITY AT A BETTER PRICE j" —I l TBS produces a wide range of computer/ I e" typewriter ribbons and accessories; works I I e_ with all established systems at optimal 1
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    • 271 1 /}%,|^^\|\&()\_,?`'$~:%$=?:+<(| RAW MATERIALS DOONESSURY LETTERS TO EDITOR CROSSWORDS 8 MONEY EXCHANGE 7 SHARE INFORMATION 13 IN THE light of the sluggish property ond hotel industry, tycoon Khoo Teck Puot is taking a second look at the redevelopment of the Goodwood Park Hotel, which is expected to cost $500 million. Page
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    • 0 1 </^_,;~})/+\')_'[='@|&{{$-}}~)\
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    • 175 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Training for growth Tomorrow BT introduces yet another new service for its readers with a weekly page devoted to training and development. In a rapidly changing and increasingly competitive industrial climate, productivity and the acquisition of skills become ever more vital. To help Singapore
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  • HOME NEWS
    • 505 2  -  Hotel group undertakes feasibility study of $500 m redevelopment scheme By LIM SOON NEO HOTEL TYCOON Khoo Teck Puat is taking a second look at the redevelopment of the Goodwood Park Hotel, which is expected to cost $500 million equivalent to the cost of building the second
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    • 445 2  -  BY SOH TIANG KENG TITHES DENTAL and Photo Supply, the 60-year-old Singapore and Malaysian agency for cameras, toothpaste and telephone equipment, has broken away from tradition by going into marketing of US computers. Through its fully-owned "high-tech" subsidiary, Tithes Business Systems (TBS), Tithes Dental
      445 words
    • 118 2 THE SHAW Foundation will distribute Chinese New Year hong baas to 6,000 poor aged men and women in Singapore at the New World Park this morning. Tan Sri Dr Runme Shaw and Sir Run Run Shaw, through the foundation, will ĕve out 2,500 red packets
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    • Article, Illustration
      437 2 PHILIPS HAS introduced the new "Cubooster" which was designed, developed and manufactured in Singapore. The Cubooster has a frontage featuring six speakers, while the cassette slot, control buttons and tuner are located on top of the machine. The sound is achieved through the 16-watt power output driving the
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    • 376 3  -  By BOEY KIT YIN TOOL Products Co, a major US precision diecast component and specialist tooling manufacturer, has taken on its first overseas venture in Singapore in a bid to capture the Southeast Asian market. With an initial investment of $5 million, Tool
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    • 130 3 TRADERS, cargo agents and freight forwarders can study trade documentation, customs procedures and regulations on controlled items required by various government departments at a course next month. The seminar, organised by the Trade Development Board, will be held from March 26 to 29 at the TDB office. Entitled
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    • 419 3  -  Exports of printed matter totalled $120 m last year By SHAHRIR ARIFF THE GOVERNMENT has pledged continued support for the printing industry, which last year exported $120 million worth of printed matter. This represents an increase of 21 per cent from 1980's $99 million.
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    • 190 3 THE FRENCH-SINGAPORE Institute will be opened this Friday, one and a half years after it enrolled its first batch of local students in 1983. The opening will be conducted by the French Secretary of State (Ministry of External Relations), Mr Jean-Michel Baylet, and Minister of State (Trade A
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    • 345 3 TWO NEW information systems are now available to subscribers of Singapore International Software Services. The first is the United Nations Commodity Trade Statistics which gives data on international trade in 28 developed countries. More than 3,000 commodities *uch as manufactured goods, jraw materials and foodstuff,
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    • 71 3 AN OFFICIAL of the German Development Institute in West Berlin is in Singapore for a two-day visit. Dr Detlef Radke, head of the institute's department for international trade, commodity and monetary policy (Asia), arrived on Sunday. He had discussions with the senior assistant director, Asean,
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    • 259 3 HOW TO MAKE a densely built-up environment a better place that people will enjoy living in will be the focus of a week-long workshop organised by the Goethe Institut, the Ministry of Community Development and the Real Estate Developers' Association of Singapore (Redas). The
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    • 168 3 DESIGN-PHASE Pte Ltd, in conjunction with 3D/International, an American design firm, has been awarded the graphics and design consultancy contract for the podium level of the billion-dollar Marina Centre project. The contract is for documentation and design work in the common lobby, carpark and shopping
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    • 164 3 YESTERDAY, at a touch of a button, Brigadier-General Lee Hsien Loong activated the Times Printers' new Hantsco web offset press which began printing the latest issue of Time magazine. Earlier yesterday morning, the editors of Time in New York closed the Feb 18
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    • 249 3 THE Mass Rapid Transit Corporation is sponsoring a course to prepare technicians for the operation of Singapore's new transport system. The 60 trainees who will undergo the two-year course at the Singapore-Japan Training Institute (SJTI), which is run by the Economic Development Board, will,
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  • Page 2 Advertisements
    • 43 2 You've got great looks V s. y ■ma sh vy 4 y'y* ti .> r* ks fc fitr; M f <r y v V V fSmnUmzmWi KUI rxV r >•' *•;<•: x ,o. 1 •••>: 0 c 0 0 0 Q Q Q 1 i f m .->
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  • Page 3 Advertisements
    • 179 3 Running short of good ideas? m vsa Wfi .lV i \*J> uJ m a «s \r m Y> TO -r Impurities, dust and germs in the air cause bleary eyes and create a general feeling of drowsiness and lethargy. When such a feeling pervades your conference, the ideas presented are
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    • 166 3 Dress for the occasion This is the period when you need to dress-up for entertaining and festivity. Make your new suit at Melwani, Shaw Centre and receive an extra pair of trousers at no extra charge! Select from a wide choice of reputable suitings, from names such as Wain Shiell,
      166 words

  • OVERSEAS
    • 720 4 Nearly 70,000 businesses leased to persons or collectives UPI AFP NEARLY 70,000 Chinese stateowned enterprises, many of which ran at a loss while under government control, have been leased to individuals or collectives in a bid to make them profitable. And in a move
      UPI; AFP  -  720 words
    • 307 4 Reuter IRAN HAS set up a committee to work out and implement a scheme under which imports from many countries would be limited to half the value of oil they buy from Iran, informed Iranian sources said. The plan, proposed
      Reuter  -  307 words
    • 428 4 AFP PRIME MINISTER Cesar Virata yesterday said that the Philippines would abide by its commitments to its foreign creditors by allowing the peso to float, curbing inflation and reducing government intervention in the economy. "We are committed to a floating rate," Mr Virata, who
      AFP  -  428 words
    • 236 4 UPI JAPAN yesterday celebrated its mythic foundation by the sun goddess in a controversial national holiday opposed by many Japanese because of its associations with pre-war militarism. Prime Minister Yasuhiro Nakasone became the first postWorld War II premier to attend a public ceremony commemorating "national foundation
      UPI  -  236 words
    • 139 4 AFP INDIAN Prime Minister Rajiv Gandhi has ruled out any cut in the 1,800 billion rupee public sector spending proposed for the five-year plan beginning April 1. Official sources quoted him as telling a meeting yesterday of the Planning Commission, India's top
      AFP  -  139 words
    • WORLD IN BRIEF
      • 46 4 FOURTEEN FILIPINOS, including three policemen and four constables, have 15C441 'GMftfeed before a military tribunal in Zamboanga with the murder of opposition mayor Cesar Climaco. Press reports published in Manila yesterday say that the lawmen are all members of the southern city's security force.
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      • 56 4 A 3,040-TONNE Panamanian lumber carrier was in danger of sinking in rough seas in the East China Sea on Sunday and all 26 South Korean crew members were rescued by another ship. The Maritime Safety Agency in Tokyo said yesterday that the CrimsonConcord sent a call saying that
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      • 53 4 WORK has started on Nigeria's fourth oil refinery, expected to be completed in 1967 at an estimated cost of US$46O million. Lagos Radio said the project was contracted last November to the French company Spie Batignolles for construction work and to the Japanese companies Nippon Gasoline and Marubeni
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      • 59 4 ORIENTAL versions of Speaker's Corner, a site in London's Hyde Park where demagogues traditionally harangue anyone who cares to listen, could soon blossom all over Hongkong with official approval. A councillor is to suggest the setting aside of areas in local parks as speaker's corners "to help Hongkong
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      • 51 4 THE current Australian business outlook is for steady but restrained growth in the current quarter. A quarterly National Australia Bank/Australian Chamber of Commerce business survey shows that respondents expect weak demand, labour costs and competitive pricing to restrain growth after strong rises in sales and profits in fourth-quarter
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      • 73 4 Agencies A CHINESE Communist Party official convicted of killing 77 people during the height of China's chaotic 1966-76 Cultural Revolution has been executed in the Guangxi autonomous region. The People's Daily newspaper said yesterday that Xu Mingde, dubbed the "murderer fiend" of Guangxi, was put to death last
        Agencies  -  73 words
    • 106 4 AFP AMERIC AN-AUSTRALIAN links remain strong, despite disagreements on Pacific Ocean testing of the MX inter-conti-nental missile. Australian Prime Minister Bob Hawke told the AustralianAmerican Chamber of Commerce of Beverly Hills yesterday that Anzus, the alliance of Australia, New Zealand and the US, was
      AFP  -  106 words
    • 689 4 ARRIVALS Operator Sarvica number Local time From PAA PA5 0155 JFK/SFO/HKG cv CV796 0315 LUX/DXB MAS MH601 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH81 1 0940 PEN RBA BM2I 1000 BWN SIA SQI03 1005 KUL CPA CX710 1030
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    • 342 5 Reuter KING FAHD of Saudi Arabia was expected to call for renewed US efforts towards a Middle East peace settlement in a meeting with President Reagan yesterday. King Fahd, who was greeted by Secretary of State George Shultz on his arrival on
      Reuter  -  342 words
    • 102 5 AFP THE FRENCH Communist Party Congress in Paris on Sunday returned secretary-general, Georges Marchais, to office and voted a dozen critics of the party line off the central committee. Mr Marchais, aged 64, has been blamed for the party's recent slump in electoral popularity, but
      AFP  -  102 words
    • 206 5 AP A FORMER checkout clerk said a jury's judgment of U*****,700 against a food store where she had worked was a victory for left-handed people in "a righthanded world". Crystal Sagen, 24, quit her job and sued the Jewel Food Stores chain after the store
      AP  -  206 words
    • 242 5 AP US GOVERNMENT tax agents are seeking about US$255 million from the billionaire Hunt family of Dallas and part of its worldwide business empire, the Cox News Service said during the weekend, quoting US tax court documents. In addition to claims of
      AP  -  242 words
    • 451 5 Reuter UPI TWO US Congressional leaders, one Republican and one Democrat, said many of the programmes President Reagan wants to eliminate may fall "under the knife", but only in a package with military spending cuts. Senator Alan Simpson and representative Thomas Foley
      Reuter; UPI  -  451 words
    • 422 5 Reuter AP SOVIET allies have agreed to extend the Warsaw Pact when it expires in May but have not yet fixed a renewal period, according to a senior Rumanian Foreign Ministry official. "The text will remain the same," the official said, but the
      Reuter; AP  -  422 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 55 4 I oonesbury p£paa&& MKB.UHAT havebeen happehep CALLING 70 YOU HERB,100? TOPW? I i a A GROUP OF NEMJ YORKERS HELPAFfREFiGHTON/W BEHALF THEPRESSHASPS OPEP liW THIS WEEK'S <^>BERNHARPGOerz. m U M BY GARRY TRUDEAU UELL, TVEAL- NOTHING. PONT REAPY GOTTEN TELLTHEM ATHIN6. NINE CALLS. TM NOT GOING 70 WHAT SHOULD BEMRJYID7HIS!
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  • Page 5 Advertisements
    • 229 5 TOYOTA Overall market leader again in Singapore in 1984. Nett ARF $99,180 Nett PARF $82,310 Specifications subject to ckangt Even atop executive likes to have a bit more power Introducing the 3-litre Royal Crown. With so many features already in the prestigious Royal Crown it was difficult to think how
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  • WORLD BACKGROUND
    • 865 6 Political realities loom large behind 'no nukes' stand Nuclear weapons are making headlines. In Wellington, Premier Lange's decision to refuse a US request for a port call seems to reflect public opinion and political realities. In London, Western officials say the day will
      NYT  -  865 words
    • 433 6 Reuter WESTERN DEFENCE officials said the day will soon arrive when computer-guided cruise missiles now almost unstoppable can be knocked from the sky. Defence analysts said, however, that the cost of an effective screen against small, nuclear-tipped cruises could be prohibitive, unless strict
      Reuter  -  433 words
    • 445 6 AP LESS THAN 40 years after it came to independence as a desert kingdom of mostly unschooled villagers and nomads, Jordan has created a society overflowing with doctors and engineers. "Everybody here likes to go to school," the general director of Jordan's Education Ministry, Abdul-Latif Arabiyat,
      AP  -  445 words
    • 599 6 A MAJOR CHANGE of style for South Korean politics is likely following today's national assembly elections. A comfortable victory for the ruling Democratic Justice Party (DJP) of President Chun Dhoo Hwan looks certain, but the new opposition group is expected to gain at least
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  • Page 6 Advertisements
    • 531 6 Marketing Gqmmunootons 111 North Bridge Road. #07 27 Peninsula Plaza. Singapore <>6 17 Tel: *****5112. Telex RS ***** Manage PROFIT SUBSTANTIALLY Dear Marketer Last year, direct marketing techniques contributed to over US$l4O billion sales of products and services in the USA. Many of the marketers, from business to consumer services
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    • 3 6 Leader... page 8
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    • 124 6 m A ooce-in-a-lifetime opportunity to have a substantial residence in Singapore's most exclusive locality. FOR LEASE OR SALE 2-storey modem and colonial design bungalows Land area 1203 sq metres to 9305 sq metres Viewing by private appointment only. MANSFIELD PROPERTY SERVICES ALAN TAN OR GEOK WAH TEL: *****6 0r*****51 (PRINCIPALS
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  • BANKING AND FINANCE
    • 563 7 SINGAPORE The US dollar closed slightly higher against most major currencies yesterday. The dollar rose gradually against the Swiss franc to close at 2.7795/7805 from an early 2.7720/30 and New York's Friday 2.7730/50 close. It closed a shade higher at 3.2525/35 marks compared with New York's Friday 3.2510/20
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    • 174 7 HONGKONG The metal closed marginally lower in very quiet trading here yesterday. It closed the day at US$3OO.OO/40 an ounce compared with Saturday's $300.50/301.00 close here and the $300.50/301.00 finish in New York on Friday. Selling pressure from US bullion houses had pushed the metal to a low of
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    • Article, Illustration
      137 7 THE OVERNIGHT rate on the Singapore interbank money market remained unchanged from last Friday to close at 5 per cent yesterday. The one-month term rate fell by 1/16-point while the two and three-month term rates remained unchanged. *mCATES Mm mract tf Urn print tan*! rate «1 12 mj*
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    • 214 7 Interbank rates at 3pm yesterday. Local dollar* to onm unit of fortgn Vwlatfyaat mrdmf e currency: US dolor Sterling pound Australian dolor NZ dolor Conodion dolor 2 2655 ***** 1.7333 1 0607 1 6950 ***** 2.5107 1.7360 1 0629 1 6968 2.8196 7 3469 ***** ***** ***** -19
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    • 301 7 BA Futures Inc MARCH EuwMlar futures opened three ticks higher at 90.74 yesterday. It closed at 90.74, after a relatively quiet session. Near-term resistance was at 90.83 while support at 90.64. Trading is expected to confine to small ranges until release of more economic indicators. Currency futures traded in
      BA Futures Inc  -  301 words
    • 326 7 Asian market ASIAN dollar deposit rates closed steady yesterday at mixed opening levels in quiet trading. Periods weakened between 1/16 and Vfe point at the start due partly to the Fed arranging around US$l billion in re-purchase agreements over the weekend when federal funds were trading at 8-9/16 per cent.
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    • 398 7 Reuter LATIN AMERICAN debtor nations have ended a two-day meeting by reaffirming their basic demands for easier payment terms but warnig their moderate stance may change if no progress is made in meetings due in the next few months. Last Friday, the 11-nation Cartagena
      Reuter  -  398 words
    • 102 7 Reuter THAILAND and two of its government agencies are expected to tap the Euromarkets this week for a total of US$4OO million in 20-year floating rate notes. Banking sources said yesterday that Thailand itself is to issue $60 million of notes, the Petroleum Authority
      Reuter  -  102 words
    • 384 7 Reuter FEDERAL RESERVE policymakers are unlikely to tighten credit when they meet this week, but the US bond market will probably stay under pressure due to a large amount of securities on dealers' shelves. Analysts in New York said yesterday
      Reuter  -  384 words
    • 105 7 Reuter CHINA has agreed to let Jordan's biggest commercial bank, Arab Bank Limited, open an offshore branch in China. Bank chairman Abdul-Majid Shoman said in Amman yesterday that he would visit China, probably in the second half of this year, to follow up the matter. Arab
      Reuter  -  105 words
    • 58 7 AP THE WORLD BANK, which is lending more than US$l billion to China this year, announced yesterday it is sending a permanent mission there in July. The mission will be headed by Edwin Lim, a Filipino who is now the bank's senior economist for the area. Beijing
      AP  -  58 words
  • Page 7 Advertisements
    • 249 7 WILL GOLD HOLD AT $300? OR IS THE NEXT MOVE DOWN? Since 1983 the WEST STAR MARKET LETTER has been predicting lower prices for Gold. Our current view is that while further weakness will be seen in the Gold market, future falls should be limited. The first two market letters
      249 words
    • 27 7 Extend irresistible invitations. f w. X I k 4 V- > J the eXtraOrdinary cognac L_ ,y Dsanbuted by JardimWlnMl 100 C Pasw Panjang FtoaO Smg*x»eosll Tel *****2
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  • FEATURES
    • 530 8 TODAY, South Korea goes to the polls. The question is not whether the ruling Democratic Justice Party will win, but by how much. If the electorate demonstrates its desire for a move towards a more genuinely democratic system, in which the opposition plays a deeper
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    • 1326 8  -  The newcomers have greater muscle than the small neighbourhood bread shops. They are rich in capital, employ superior techniques of production, run on modern management lines, have a distribution network which spreads across the island and offer a greater variety of bread. By
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    • 129 8 Letter te the Editor DEAR SIR, Your editorial on Feb 5,1985, concerning Provident Fund contributions makes exciting reading. In essence the proposal is that a debtor should say to his creditor: "I cannot pay you so you should lend me what I owe you and
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    • 637 8 Reuter THE RARE ART of fringe diplomacy, practised by unofficial trouble-shooters acting in place of government envoys, has just chalked up another success. With relations between Libya and Britain cut since last April, a Church of England emissary has won national acclaim by securing
      Reuter  -  637 words
  • Page 8 Advertisements
    • 217 8 w ►^4 m Hi £H mw- Money Fbreign Exchange v M JU Commodities Sc Stock Exchange Ad ministration Loan Futures 6c Options Finance Corporate Pi Securities COMPUTERS IN FINANCE is the specialised event on computers, communication systems and services specifically designed for the financial marketplace. The show will feature the
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    • 1 8 IM
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  • Page 8 Miscellaneous
    • 667 8 CRYPTIC PUZZLE ACROSS 3 Strength of a tot, we hear (5) 8 Escape with a wounded foot? (3, 2) 10 Assist one to name a saint (5) 11 Weight ascribed to a pole? (3) 12 It hurts when you change down going round a bend (5) 13 Best clothing for
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  • SPORTS
    • 816 9  -  The England cricket team was in Singapore last week, on their way to Auatralia for the celebration of the 150 th anniversary of the state of Victoria. DAVID GABRIEL talked to the captain, David Gower. DAVID GABRIEL DAVID GOWER took over from Bob Willis
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    • 5 9
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    • 431 9 AP MARK O'MEARA turned back Craig Stadler's last-gasp challenge with a 17th hole birdie and scored his second consecutive PGA tour victory on Sunday, a one-shot triumph in the Hawaiian Open. O'Meara, winner of last week's Bing Crosby National Pro-Am, had
      AP  -  431 words
    • 598 9 UPI LOCKED in a "classic confrontation" with Nancy Lopez the entire round, Patty Sheehan birdied the 18th hole on Sunday en route to a 66 and a onestroke victory in the US$2OO,OOO Sarasota Classic, in Florida. Sheehan started the day a shot behind
      UPI  -  598 words
    • 541 9  -  By WALTON MORAIS IN SPITE OF unprecedented enthusiasm among local professional golfers, the second instalment of the Singapore Professional Golf Association's monthly medal competition has been postponed. TTie tournament, proposed to be held today, has had to be postponed owing to the Sembawang Club's inability
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    • 331 9 Reuter WEST GERMANY'S recordbreaking swimmer Michael Gross was upstaged by Canada's double Olympic champion Alex Baumann on the final day of the Bonn swimming festival on Sunday. Gross set world best 25metre pool times over 800 metres freestyle and 200 metres butterfly on Friday and Saturday
      Reuter  -  331 words
    • 159 9 AFP THE HELMSMAN for a Western Australian syndicate, challenging for the right to defend the America's Cup for Australia in 1987, made a stinging attack on Alan Bond's Australia U syndicate on Sunday. lain Murray, from Sydney, who has won seven world yachting titles,
      AFP  -  159 words
  • Page 9 Miscellaneous
    • 896 9 l\ w ao© hmdus CHANNEL 5 2.30 PM SBC Text "Live" Sample Pages 3.00 Opening and Programme Kghfights followed by The Struggle (Mandarin) 4.25 Story Time (Tamil/r) 4.55 Troupers 5.20 My Favourite Martian Martian in the Movies 5.45 The Duck Factory The Annies 6.10 Programme Mghfights (English) 6.15 News (English)
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  • INTERNATIONAL COMPANY NEWS
    • 717 10 NYT WINDS OF CHANGE are whipping the flags of the venerable New York Stock Exchange faster and faster these days. The big board has been exploring 24-hour trading in stocks of companies listed on the exchange and is studying the possibility
      NYT  -  717 words
    • 529 10 NYT CHEVRON CORP and Texaco are suiting their shares in Canadian oil companies to Canadian interests. Chevron has agreed to offer for sale its 60 per cent share of Gulf Canada to a Canadian-con-trolled purchaser. Analysts said such a sale, if successful, could
      NYT  -  529 words
    • 251 10 Reuter INTERNATIONAL Business Machines Corp is expected to announce its most powerful computer, code-named "Sierra", some time this month and possibly as early as today, industry analysts said. Jay Stevens, computer analyst with Dean Witter Reynolds Inc, said Sierra will change
      Reuter  -  251 words
    • 511 10 Reuter DEEPENING troubles at Acorn Computer Group PLC, a supplier of personal computers, presage a tough year ahead for the British micro-computer industry and an end to the dramatic growth of recent years, analysts said. Acorn has announced that it is
      Reuter  -  511 words
  • Page 10 Advertisements
    • 547 10 m %-l'. i ,4, igi® ag|d mieriiM •r taMHi ii £f% 0 Garden Time: 12 noon 2.30 pm Price: $12.00** Fashion Show: 1.15 pm Models: mari/oloA Modelling Agency Clothes by Belle De Bella PRESIDENT MERLIN HOTEL SINGAPORE W 181. Kitchener Road, Singapore ***** Tel: *****22 Daily new Businessmen's Lunch at
      547 words
    • 164 10 "V f ring Chdng L6u Teochew Restaurant for the best Teochew delicacies in town. t Discover our famous dian-xin, delicious steam-boat,Teochew porridge and other mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while C you dine in Oriental splendour. Open daily from: 11.00 am 3.00 pm for
      164 words

  • ASIAN STOCKS
    • 361 11 HONGKONG: Share prices closed firmer in moderately active trading yesterday. The Hang Seng Index rose 10.06 to 1,357.94. Turnover was HK5304.27 million compared with last Friday's $387.67 million. Among leaders, Cheung Kong added 20 cents to $13.70, Hang Seng Bank 75 to $47.00, HK Electric five to $7.75, HK
      361 words
    • 215 11 FEB 11 KT -0 13 Chem Indus Lien Hwo Indus Nan Ya Ptos 17 40 1160 29 30 23 00 6666 Asia Cement 23 20 26 50 -02 -08 Pacific Elect Wire 1760 -04 Chang Hwo Bank Chen Loona Qua Han Cement China Chem Oww Dev China Elect Wre
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    • 431 11 SYDNEY: Share markets closed weaker across the boards yesterday as traders took profits following the gains of the past few weeks. Near the close, the All Ordi- naries Index was down 7.3 points at 765.3 points. National turnover was 37.33 million shares. A weaker bullion price took metal and
      431 words
    • 104 11 MANILA: Share prices closed mostly unchanged in quiet trading yesterday. The Commercial Industrial Index fell 1.00 to 115.19. The Mining Index was unchanged at 742.42 and the Oils Index at 0.625. Lepanto was up to 0.045 from 0.044 peso. FCt 11 Nm Oriental B PM Ovaneos PMi> B 0
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    • 6 11 TOKYO: The market was closed yesterday.
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    • 145 11 BANGKOK: Stock prices closed higher in quiet trading yesterday. The Book Club Index rose 0.09 point to 126.04 on turnover of 128,051 shares compared with 210,866 last Friday. Siam Cement rose two baht to 515, Maboonkhrong fell 1.50 to 92.50 and Bangkok Bank finished steady at 224. Ffl II
      145 words
    • 63 11 Feb 11 Won 635 +25 Hyundai Comt Hyundai Mole* 910 594 521 unch 5 -3 605 12 680 -9 676 1880 -4 490 -5 380 6 500 1 709 1 587 -5 785 -6 560 -10 804 5 695 -1 1285 -IS Hond Bk 680 287 5 -12 Sungyong
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    • 146 11 Reuter THE PROFITS of India's 500 largest private companies fell last year although their output and sales rose. A Reserve Bank of India study said that the companies' profits after tax for the year ending March 1964 fell to 6.18 billion rupees
      Reuter  -  146 words
    • 281 11 Bernama AMIM HOLDINGS Sdn Bhd, the assemblers and distributors of Ford products, has launched an eight-seater Malaysian assembled "Ford Spectron" in a bid to capture a share of the competitive recreational vehicle market in Malaysia. The managing director of Amim Holdings, Mr A M
      Bernama  -  281 words
    • 502 11 NYT THE CAR produced by the Toyota-General Motors venture would be priced between U556,400 and $7,000 when it is introduced as the Chevrolet Nova on June 13. That would be at least $1,000 more than Chevrolet's cheapest model, reflecting Chevrolet's intention to have the new car
      NYT  -  502 words
    • 85 11 Reuter HANIMEX CORP has bought 19 per cent of the shares of an Australian photo finishing group, Palcolor of Sydney, and plans to make an offer for the remaining share capital. It is offering A 51.54 a share, valuing Palcolor at $2.5 million. Hanimex, which
      Reuter  -  85 words
  • Page 11 Advertisements
    • 487 11 ut H m 1 m m A ■J r y PH Level 5 Penmsuld Hvte -V •-i -J/ r -*> I -r. Ifc* 4 New plush interiors which conjure up an entirely different atmosphere. Plus our warm hospitality and a menu of local and continental favourites that aims to please
      487 words
    • 93 11 Savoury Delights Await You At u M acaUable during lunch.' For reservations call. 235 2698 or 734 6622 ext 141/144 Lunch: 11am-3pm Dinner 6pm— 11pm ORCHARD ROAD 19 Cairnhill Circle Singapore 0922 TW 734 6622 Ample Free Parking and Valet Service Outside CBD restaurant u tr It Serving a wide
      93 words

  • RAW MATERIALS
    • 457 12 THE US has embarked on a programme to increase its strategic stockpile of rubber, Malaysian Primary Industries Minister Datuk Paul Leong said. This move would improve the demand for natural rubber, he added. Datuk Leong was speaking to reporters after meeting the US trade
      457 words
    • 272 12 AFP MALAYSIAN Primary Industries Minister Paul Leong defended the International Tin Agreement (ITA) which he said had stabilised tin prices despite the prevailing depressed market conditions. He said that although the agreement was not perfect, it was helping to maintain the
      AFP  -  272 words
    • 299 12 AFP THE PRICE OF SUGAR bought by the European Economic Community (EEC) on a preferential basis from African, Caribbean and Pacific (ACP) countries could be frozen for the third successive year during 1965-86, EEC sources in Brussels said.
      AFP  -  299 words
    • 905 12 COFFEE Robusta futures saw little interest up to midday yesterday and held small gains of £7 to £1 in thin volume. May was £4 higher at £2,367, unchanged from midmorning. The market opened slightly easier against the New York close, but firmed in early dealings on sterling's weakness
      905 words
    • 211 12 SINGAPORE The market closed slightly higher yesterday with March One RSS buyers quoted at 173.00 cents per kg, up 0.25 cents from last Friday's close. The morning session ended 0.25 cents lower due to lack trading interest in quiet trading. Prices firmed marginally in afternoon trading on some dealer
      211 words
    • 104 12 (cants/Va, 1-ton polWti) March 85 April 85 (current mth) (forward mth) NOON NOON RAS Bvytn S«ll«n Buyers SSR 20 167.50 169 50N 169 00 171 00N SSR 50 165 50 167 50N 167 00 169.00N MRELB Buy*™ S«H*rs Buy*n S«M«r$ SMRCV 202 50 204 50N 204 50
      104 words
    • 333 12 RAS prices (m S cents/kilo, FOB in boles) NOON CLOSE Buyers SeNers Buyers Int 1 RSS Prompt 167 00 168 00 167 50 168 50N Int I RSS Mar 85 172 50 173.00 173 00 173 50 Int 1 RSS Apr 85 175 75 176 25 176
      333 words
    • 379 12 Bernama THE INDONESIAN state-owned oil company, Pertamina, has offered Asean member countries joint investment in the development of the Natuna subbasin gas fields in the South China Sea. Its president-director, A R Ramly, said yesterday he made the offer at the
      Bernama  -  379 words
    • 98 12 THE Kuala Lam par Tin price held unchanged at the International Tie Agreement deer-level e( M$2S.l5 per kg yesterday. It k«i been uchanged slice midNovember, 1184. Activity was malaly by the halter stock manager. Turnover Increased to 191 tonnes frem 127 tonnes last Friday and Inclndcd ahent SI
      98 words
    • 161 12 Yarn (In HK$ per bole o4 400 lb) China corded yarn, cones Blue Phoenix 16's 2,900 Blue Phoenix 20's 3,000 Blue Phoenix 32'* 3,600 Blue Phoenix 40's 3,850 Carded yarn, hank Blue Phoenix 21 3,300 Combed yarn, cones Blue Phoenix 32's 4,600 Blue Phoenix 40's 4,800 Open-end yarn 2,600
      161 words
    • 77 12 AFP FILIPINO banana planters dump 105,000 tonnes of the fruit each year, or about 10 per cent of their annual produce, as they fail to meet exporters' standards. The rejected fruit, mostly from 25,000 hectares of banana plantations in southern Davao and Cotabato
      AFP  -  77 words
    • 147 12 Chinese Produce Exchenge Robusta 20/25% FOB NSW Nutmeg 477 50 (Sellers' noon closing prKn on Fob 438.00 11. SS/100 kg) 110 FOB NSW B W FOB NSW 281.00 Coconut oil Gombier Bulk FOB 157 00 FOB NSW 330.00 OW drum FOB ***** New drum FOB 174 00 London
      147 words
    • 286 12 Singapore A-l special C-l special 177 una (S$/kilo, e*-godown) C-l Ordinary unq Thai white Loonzam 100% 100% 1st doss first grade £19 (kangaroo) new crop 096 100% second grade 100% third grade 225 unq 100% 2nd doss 0.70 Parboiled 100% 3rd class 0.65 5% 10% 227 222 25% new
      286 words
    • 144 12 MALAYSIAN crude palm oil prices ended quietly higher yesterday despite a lower Chicago soybean complex close last week on light covering and speculative buying prompted by India tendering for processed palm oil. In the February position, south, central and north regions rose Mss to $1,195 per tonne, while
      144 words
  • Page 12 Advertisements
    • 201 12 RECOMMENDED BY THE INSTITUTE OF BANKERS, U.K. 'Mr Fred Perry, a Fellow of the Institute, has the great virtue of writing simply. His book covers a very wide range, from barter to balance sheets, from cash to credit cards; but for the most part it will be easily comprehensible to
      201 words

  • SHARE INFORMATION
    • 4106 13 LACK OF FRESH BUYING from institutions and stale bull liquidation led to widespread falls on the Singapore stock market yesterday. The widely-watched market indicators, which closed higher last Thursday and Friday, in spite of losses in the broader market, were not spared this
      4,106 words
    • 219 13 SINGAPORE Rites Indices M limiw 665 5 Ul fafc 11 Mm Farib L ft M 50t Macs HMai TMK S«f HU9. 232 243 223 122 119 62 2 1 1 1 1 1 WCian.it. 724.17 717J1 rWicte. *****06 *****85 STO8/OS +110 -85 ST >■<■■>! i.li 817.51 808.94
      219 words
    • 458 13 TRADING CONDITIONS continued to soften on the Kuala Lumpur stock market yesterday in dull trading. Recently-listed issues, which rose last week, recorded moderate losses. Other counters also fell. The market opened steadier but finished slightly jower at the noon close. Share prices continued their
      458 words
    • 3358 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1.000 units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT".
      3,358 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 644 14 LAM SOON HUAT Development Bhd, which is seeking a listing on the Kuala Lumpur Stock Exchange, is launching its largest and most ambitious housing project the 41-hectare Mayang Jaya township in Petaling Jaya. The project will be undertaken by subsidiary Chahaya
      644 words
    • 170 14 THE KUALA LUMPUR Stock Exchange committee is believed to be involved in 11th hour negotiations with owners of Wisma Prima in Damansara Heights over its shift to the building. The outcome of the negotia- tions will determine whether the exchange
      170 words
    • 187 14 MULTI-PURPOSE Holdings Bhd's proposed Msl trillion "city-within-a-city" project in the heart of Kuala Lumpur is one of the largest and most comprehensive urban development of its kind in Malaysia. The project, which received the approval of City Hall last week, is to be undertaken by
      187 words
    • 557 14 HARRISONS CROSFIELD, the UK-based plantations and chemicals group, is making a £106 million bid for Pauls, a manufacturer of animal feeds, malt flavours and fragrances. Pauls has immediately rejected the bid saying the terms were "entirely unsatisfactory" and did not reflect the value
      557 words
    • 2401 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS AJax Hlda (01 355) A Choc (2 606 2
      2,401 words
    • 100 14 HONGKONG Hang Seng Index Monday 1357.94 Friday 1347.88 Week ago 1363.22 TOKYO Tokyo Dow Jones Monday Closed Friday *****.01* Week ago *****.08 Australian Industrials Monday 1159.3 Friday 1166.2 Week ago 1158.8 NEW YORK Dow Jones Friday 1289.97 Thursday 1290.08 Week ago 1277.72 Stondord and Poors Friday 182 19
      100 words
    • 221 14 Managers' prices for Feb 12 MARA Bumiptitra First B'putro 5 52 5 57 Second B'putro 433 438 Third B'putro Fourth B'putro Fifth B'putro Sixth B putro 399 404 Singapore Unit Trust 4.41 446 300 3 05 The Commerce 2.22 2 36 290 2 95 The Sowings Fund 158
      221 words
    • 478 14 LAST FULL YEAR Company KG Hldgs Leong Hoot Muroto Spore Gloss M Resources Gleneoty M Bonking Pohong Iw Everpeoce Corp Supreme Corpn Ming Court Ton Chong Muroto 0 U Securities Hume M ICS U 1 Securities Seolion Rothmons Ms»o U A C Amcol Ind Oxygen Kemoyon Cortsberg Dunlop
      478 words
    • 667 15  -  The Alan French connection By LORETTA McLAUGHLAN ROBINSON CO, Singapore's longest established department store group, has swung back into the black in the first halfyear to end-December. At the pre-tax level, there was a six-month profit of $1.38 million against a loss
      667 words
    • 400 15 SOUTH PACIFIC TEXTILES Industries Bhd (SPT) continues to show resilience in an industry beset with slackening demand rising costs, and has emerged as one of the few companies to show a profit from the textile trade. Group pre-tax profits for the year ended Sep 30,
      400 words
    • 961 15 EQUITIES opened mixed yesterday but with a lower bias as sterling weakend against the dollar and domestic money rates finned. The FTSE 100 share index at 9.45 was down 6.3 at 1289.0. ICI was down 3p at 859, Beecham declined 5p to 348 and Grand Metropolitan also eased
      961 words
    • 205 15 FAR EAST Levingston Shipbuilding Ltd has bagged a contract to repair and upgrade four jack-up barges ft»* a Brazilian shipbuilder. The job, secured from Verolme Estaleiros Reunidos do Brasil SA on Jan 31, includes repairing of the barges' legs, jacking frames, jack
      205 words
    • 727 15 rcua mm™ i By HOCK LOCK SIEW NOW THAT Datuk Yap Yong Seong has washed his hands of TDM BM, the market is wondering about his intention on Sigma Metal, in which he is a major shareholder. After all, it is well-known in corporate
      By HOCK LOCK SIEW  -  727 words
    • 380 15 OVER A YEAR AGO, New Straits Times Press (M) Bhd indicated that it was planning to expand its facilities further. In his annual review, chairman Abdullah bin Mohd Yusof points out that in the course of the past year, various options have been pursued, including an
      380 words
    • 410 15 PEGI MALAYSIA is in the enviable position of being ardently wooed by both BTR PLC and Dunlop Holdings PLC now that the debt-laden rubber company's first reconstruction effort has failed. Mr Poon Ah Lek, Pegi's managing director who was in London last week for
      410 words
    • 187 15 SIM LIM Investments Ltd announced yesterday that the sale of 2.975 million shares of M$1 each in Sim Lim Holdings Bhd at $6 a share to Tan Sri Datuk Wee Boon Ping and Mr Hussein Wahid Dally has been completed. A SUBSIDIARY of Hong Leong Corp Ltd has
      187 words
  • Page 14 Advertisements
    • 150 14 PUNG TOH COMPANY has awarded the entire interior renovation works and supplies of the 200-room Jiangmen Hotel in China, a joint venture between Pung Toh, Singapore and Chee Loy Hiong, Jiangmen, to M/S Unique Interior Services, a long established interior supplies company in Singapore. Pung Toh Company has also appointed
      150 words

  • Page 15 Advertisements
    • 309 15 NOTICES IN THE MATTES OP THE COMPANIES ACT. CAP. IK AND IN THE MATTES BESEK FASHION INDUSTRIES PIE. LTD. (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of BESEK FASHION INDUSTRIES PTE. LTD. duly convened and held at 6SA Telok Ayer Street, Singapore 0104 on Thursday, the 7th day of
      309 words
    • 180 15 RECEIVERS and MANAGERS SALE A) Oat Mill B) Stockfeed Plant Western Australia Peat Marwick Mitchell Co., Perth, Western Australia, as Receivers and Managers, offer for sale an Oat Mill and Stockfeed Plant situated at Katanning, Western Australia. The Oat Mill, which has well established local markets with expanding interstate and
      180 words

  • 600 16  -  By FOO CHOY PENG THE GOVERNMENT is prepared to take a second look at the resale levy for Housing and Development Board flats if it actually prevents people from upgrading their homes as some have claimed. But the basic principle of
    600 words
  • 536 16  -  By BOEY KIT YIN SINGAPOREAN businessmen invested more than U*****.4 million in neighbouring Indonesia over the past 25 years, making the Republic the 10th largest investor in that country. Singapore investments were injected into 38 projects from 1967 to August last year. They made
    536 words
  • 247 16 Reuter ASEAN Foreign Ministers yesterday called for more military and political support for Cambodian guerillas. But Malaysian Foreign Minister, Tengku Ahmed Rithauddeen, said a lasting political solution was the only way to end the six-year-old Cambodian conflict. Mr Rithauddeen and his colleagues from Indonesia,
    Reuter  -  247 words
  • 312 16 Bernama THE MALAYSIAN economy continued to expand in the third quarter of 1984 for its fourth consecutive growth period since the recovery in the last quarter of 1983. The latest Bank Negara quarterly report, released in Kuala Lumpur yesterday, shows that foreign demand continued to
    Bernama  -  312 words
  • 360 16  -  By YAP BOH HOON THE TRAVEL TRADE has suggested another way to promote tourism because the response to the recent sales mission to Europe (from Jan 27 to Feb 8) has not been too encouraging. Instead of selling Singapore from country
    360 words
  • 183 16 CONCERTED efforts at both the national and international levels are required to "alleviate the impact of our daily activities on our environment", Dr Ahmad Mattar said yesterday. At the national level, the Minister for the Environment said, each government should be "fully committed"
    183 words
  • 57 16 Reuter REPRESENTATIVES of three major advanced countries and the European Community have agreed that a new round of world trade talks should be held in 1966 under the auspices of Gatt. Japan's International Trade Minister Keijiro Murata said this after three days of discussions with
    Reuter  -  57 words
  • 439 16 INCENTIVE TRAVEL has once afaia proved ttadf aa the most growth area, with good Imteuses shown last year hi the number of incentive groapa aad overseas partidpaats. Latest flpws from the Singapore Tonrist Promotion Board (STFB) Mai wed a 27 per cent increase In
    439 words
  • 62 16 Reuter WALL STREET Slock prices were mind in early trading j—mday. Blue chips were weak while secondary Issues J PCFt DftToJ The Dow Joaes industrial average was dows about IV» points to under 12®. Overall, gaiasrs held a very alight lead over loners. Volume was about six
    Reuter  -  62 words
  • 57 16 THE Singapore International Monetary Exchange (Simex) announced yesterday that applications (or corporate non-clear-ing membership by Banque Tinfrw—» and The Kyowa Bank Ltd have been approved in principle. The move would bring the total number of Simex corporate members of Simex to 68, of which 32 are clearing
    57 words
  • LATE FILE
    • 49 16 AFP THE high quality of applications from foreign hanks seeking to operate in Australia may lead to more than six bank licences being issued. Federal Treasurer Paul Keating said yesterday that Canberra had received 42 impressive applications from overseas banks which it was considering. AFP
      AFP  -  49 words
    • 59 16 AFP THE Soviet Union is now capable of landing small arms anywhere in Southeast Asia through its growing presence in Vietnam's Cam Ranh Bay. An American Navy Seventh Fleet spokesman said yesterday that "the Soviets have been gradually building up naval strength in the South China
      AFP  -  59 words
    • 34 16 Reuter CHINA'S main armaments company became the country's fifth largest export earner last year. A Chinese business newspaper said yesterday that the China North Industries Corporation made US$l.66 billion last year. Reuter
      Reuter  -  34 words
    • 61 16 Reuter SPOT OIL prices surged on European markets yesterday as freezing weather covered many parts of the continent and a severe shortage of Soviet crude made supplies tight. Traders in London said the cold snap bit an already firm market, pushing Britain's North Sea
      Reuter  -  61 words
    • 30 16 UPI THOUSANDS of teenage girls marched through Manila's district of go-go bars and beer Joints yesterday, denouncing tourists (or their exploitation of women and chOd prostitutes. UPI
      UPI  -  30 words
    • 44 16 UPI ISRAELI warplanes attacked a Palestinian guerilla base in Lebanon's Bekaa Valley yesterday (Or the second time in as many days. The Israeli army said the planes hit a base in the village of Taalabaya on the Beirut-Damascus highway.
      UPI  -  44 words
  • Page 16 Advertisements
    • 303 16 Effective Presentation Skills Singapore, March 6-8,1985 Objective The purpose of this seminar is to assist senior and middle managers to design briefings and other informational presentations Participants will identify needs and develop skills in analyzing audiences, design material and audio visual for specific audiences, and enhance personal presentation skills. Outline
      303 words
    • 177 16 EHMOfi 150T81 IS 1i 1 Europe's leading international business school invites highly qualified and internationally-minded ASEAN executives to participate in one of the following three seminars to be held in Singapore and Japan: t* A6EAN INTERNATIONAL EXECUTIVE PROGRAM US$3,lOO A demanding two-week general management seminar. Singapore, March 18-29, 1985 EXPORT
      177 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 213 17 THE performance of Johore port improved last year with the total volume of cargo handled by its wharves and oil Jetty last year registering an increase of 1.7 per cent to 2.99 million tonnes from 2.94 million tonnes in 1963. According to the
      213 words
    • 394 17  -  By LINDA CHEE PANAMA will make a number of changes in its proposed examination system for seafarers, following a successful three-week tour of the Far East by Dr Hugo Torrijos, directorgeneral of the country's maritime authority, Secnaves. The most definite change will
      394 words
    • 686 17 Shipping Line N|* Cot Shipping Line Page Cei Afeo VI 3 Fesco VI 4/5 Ahrenk tel Liner V 4 Fine-Uner X 3 Alpha tram VI 4 FMG-CAVN VI 1 4/5 Andeka Shpg VI 1 Franco-Belg N ANL 1 1 Frata Shpg VI 2 APCLine V 4 Freight
      686 words
    • PORTSIDES
      • 125 17 Fairplay THE US Federal Maritime Commission has handed down two rulings which clarify the position of shippers' associations under the 1964 Shipping Act. Carriers had sought clarification to ensure conference lines could not be found unwittingly in breach of anti-trust laws. According to the FMC "so
        Fairplay  -  125 words
      • 107 17 THE PORT of Singapore Authority will be conducting the "PSA Shipping, Delivery and Warehousing Procedures" course for port users from March 11 to 15,1965. The course is designed to give a better understanding of the port's cargo handling and documentation procedures. The five-day course, which is conducted in
        107 words
    • 892 18 Seatrade THE FRENCH are, perhaps, prouder of their ports than of any other single aspect of their shipping industry. Since the formation of the Port Autonome in the mid-*****, a great deal of investment has been pumped into them and several now rank among the
      Seatrade  -  892 words
    • 417 18 HONGKONG shipbrokers and agents will be able to insure themselves against losses through a mutual association next month. The insurance will be provided by a new protection and indemnity club, the Transport Intermediaries Mutual Insurance Association Ltd (TIM). It will begin writing business
      417 words
    • 153 18 THE SIX-MONTH old Australia-New Zealand Container Line has reported very good business in spite of the depressed trade. Southbound cargo from the United States has risen five-fold since the shipping line started the service in April, said Eugene Campbell, president of Sea-Land Agencies, the
      153 words
    • 1638 18 TIME-CHARTER business again dominated an otherwise quiet freight market on Friday. Interest concentrated in Far Eastern delivery areas, but the underlying rate tone for the market as a whole remained weak. In the Far East, Yamashita-Shinnihon bo o ked the 119,500 dwt Lackenby at US$l.7O per dwt per
      1,638 words
    • 229 19 tReuter WORLD merchant tonnage laid-up for lack of employment fell by 3.32 million long dwt in December to 62.35 million dwt, its lowest point for 2.5 years, the General Council of British Shipping (GCBS) said. The number of ships laid up as at Dec 31
      tReuter  -  229 words
    • 425 19 Lloyd's List THE Port of Kaohsiung in Taiwan may have succeeded Kobe as the world's fourth largest container port. Latest figures from the harbour bureau show that Kaohsiung has maintained a staggering capacity for growth, with a 20.6 per cent rise in
      Lloyd's List  -  425 words
    • 263 19 Fairplay GULF OIL Corp has finally found a buyer for its two US flag heavy lift ships the John Henry and Paul Bunyan. The vessels were originally built for a joint venture in which Gulf Oil had the majority stake of 75 per cent
      Fairplay  -  263 words
    • 191 19 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. Australia
      191 words
    • 4379 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      4,379 words
    • 732 24 Feb 12 Taking stock marine technology and UK maritime performance, South-west Branch Nautical Institute with RINA and IMARE, 17.00 hours, Plymouth Polytechnic, Plymouth. Feb 13 The cost effective ship, Solent Branch Nautical Instituter with RINA and IMARE, 19.30 hours, CMS Warsash, Southampton. Feb 13 Maritime Fraud, 1740 hours,
      732 words
    • 620 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location SA Vaal E Handsome 7517F 12.2.85 2359 Jardine TA 3 1000-1200 B8 039W A 13.2.85 0700 Green Asia FSB 1200-1330/1800-1900 S4 Johore Br Maersk Rando
      620 words
    • 1819 25 wHO ACTS FOR WHOM The leading shipping lines operating from local ports and their agents. A-B AFEA African .Shipping Agencies (Si Uri-Kiruii Liae Transgroup iSI Akreaklel Ll*rr Service Kim Shpg 'Si AUred C Tnepler Oceanus Shipping Agen cies (S) Marintex Enterprise (PK> Alpae Imrasea (Si Bintang Shpg (KLi Island Cargo
      1,819 words
    • 541 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Auby 20E SSPL alongside 122.85/0600 Frotakobe 31/2 Merlion alongside 122.85/1500 Hanoi 02 24 NAPL alongside 122.85/0700 Ibn Younus 33/4 J Manners alongside 122.85/2300 Jenho 22 Thong Soon alongside 122.85/0500 Potsdam 18 S'pore Shpg alongside 122.85/0600 Rajah Brooke
      541 words
    • 336 26 AFP DEMAND remained generally very low on the tanker market last week, with no signs of alleviation in the present over-tonnaged situation. News of a suspension of Soviet petroleum shipments during February and of Mexico's oil price reduction seemed to provoke little reaction. In the Gulf states area,
      AFP  -  336 words
  • Page 17 Advertisements
    • 285 17 as; *sr/j PiMuhmd by TIMES BOOKS INTERNATIONAL Times Centre 1 New IfKJustrial Road Spore 1953 T«l: *****44 A 0» the times otgariscfor A SS6 50 mm Sine* the formation of tho Port Autonoma in tha mid-*****, a groat doal of invaatmont has baan pumpad into Fronch porta II THE Port
      285 words
    • 412 17 UNITED ARAB SHIPPING CO (SAGI uUASC "irci i.'iii:<i,.).'ihi'.w.':».'.'i n; m:imrTwni* SEALORD SHIPPING AGENCIES 70ShenlopWay M-02C Mjuni Houie Singapore 070' Tel ***** M Tel No PS 2'J c CFS office TPC 03 30 Tel 2223T31 and *****3? Terminal office TPC 03 29 "lei No *****90 *****93 EXPRESS FULL CONTMNEK SERVICE I
      412 words
    • 832 17 FESCO LINES FAR-EASTERN fi SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE 11 i \N A I IN! \\l i l'( )|N I( > .> I'A< II |i i.i I I AI I AM I
      832 words

  • Page 18 Advertisements
    • 379 18 W. Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Fffflfi Vsi PK PN SP IMS ACE 11/2 19/2 21/2 FAMRY ACE 22,2 23/2 25/2 MARIA 7/3P 8/3 10/3 &ORY ACE 10/3 11/3 13/3 Pacific South Wast Pacific North Waat Faadar at Tokyo Faodar at Koba Atlantic/Canada Faadar at Koba Mother VSI
      379 words
    • 219 18 i vr 7T upercarrier Service NEXT ARRIVALS BARKR TAMPA 12/2. BARBER NARA 3/3. BARBER TONSBERG 12/3. BARBER TEXAS 17/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA TNae (capital ceabs tar H—ln (MLB). L Beech. 1 Franc* (MM. Stacfttan and San Otaf* I. tapki TO: CARIBBEAN CENTRAL AMERICA CHILE
      219 words

  • Page 19 Advertisements
    • 976 19 me> The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok occ Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT KOmOOM MY hmbuk express KASUGA MMU toko express CABBKAM MT OSAKA MY LIVERPOOL MY TOKYO MY KIT ANO MMU TMMIS MMU Spore P Kelanc hftrl 14/2
      976 words
    • 359 19 Franco Belgian Services r+r r- IMf MBE H OF ACE CONSORTIUM! 1 VJU'Wt 1 .14 Optorg Shipping Pte. Ltd Port *»lang MTOCV? Patalmg Jmy *****3 575«C3 P.n.ng ***** £.E L M A W upptu IIKH'A MARr-'l _i FMPRESA LINE AS MARHMAS ARGENTiNAS (ARGEN T INE NATIONAL LINE' Ag»nt» SINGAPORF tg««
      359 words

  • Page 20 Advertisements
    • 577 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK On caniafo to Scandmavia, Med, Carribean IS. America Wand haulate to inland destinations in Europe Spore P Kcianf Ptnanc Lcuon Bibao Genoa »fbw| Rdun Bhj»«i Antwerp l«/ 2 13/2 11/2 9/3 12/3 14/3 21/3 IJ/3 24/3 Mm Maru Mine Mara Mm Maru Kaiu|a Maru Rasufa Maru
      577 words
    • 326 20 K LINE FULLY CONTAINERISED SERVICE taut r J 19 3 21/3 23 3 26 3 9 4 11 4 13 4 16 4 ALSO LOAONG FOR BREMERHArtN FROM FUROPf Vl* SUEZ J A Memoir ot tt* Act Comort**n FULLY CONTAINERISED TO FROM NORIH AME RICA MSJ tUAM PK* Sport* IKH
      326 words
    • 583 20 m THONG SOON A6ENCIES PTE. LTD. *09-07. ROBIN A HOUSE. SPORE 0106 TEL: *****88 TELEX RS ***** BOOKING *****56 (DIRECT LINE) SINGAPORE TO PENANG ETA KM SOON LI to Port 17 Feb DESTINATION Penang Penang SINGAPORE TO KUCHING •EQUATOR In Port •EQUATOR IV 17 Feb SIN6APORE TO SABAH PORT •BULGER
      583 words
    • 703 20 o EVERGREEN Full ContJiner Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED /FE) SGP EVER GUARD 25/3 a/3 ALSO ACCEPTNG CMGO TO 1) wovbence *naa* savanna*. boston pw.acelp»ra. noreou, iacksonwie. mjmgton nc J) wo 1 2) ATLANTA CFRCAGO DETROIT COLUMBUS I OTFCR MA KM MCROBRDGE OESTBMTKJWS 4) HNKft, TOtOWTO m BAITtUI
      703 words
    • 211 20 mSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Lm*| to 21/2 B tok». SMOSt MARITHE PU ITO Ttl *****44 7 I *****70 MALOSE MARITO* SOU BHD Id *****2 3 MALAYSIA TRADE I TRANSPORT ITD W ***** l ***** TO PAPUA NEW GUINEA/ SOUTH PACIFIC a
      211 words

  • Page 21 Advertisements
    • 837 21 VVC PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0 106 Tel: *****33 VESSEL KOTA SINGA KOTA PUSAKA KOTA WANGSA VOYAGE E-SSI E 553 E-SSS HONGKONG SINGAPORE LOADING FOR HOOEIDAH. JEODAH. AOABA, PORT SUDAN TAMATAVE. MOMBASA. D'SALAAM. MOGADISCIO ADEN. HODEIDAH, JEDOAH. AOABA. PT SUDAN I VOYAGE I HONGKONG
      837 words
    • 604 21 BENLINE CONTAINERS 10 EUROPE Kotrloon Bay Hamtwj hp. >nu|i Mara I o»io Etprm Card* an Bar Oiaka Bay Liverpool ky T«ky. Bay Mm Maru WITH LIBERTY TO CALL AT RED SEA PORTS PENANG FED VIA SINGAPORE KkJJEBSEN LINE NEW ZEALAND SINGAPORE PORT KELANG K IUMPUfi PENANG BEN LINE BENOfRA BENOERA
      604 words
    • 635 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pocc Service tknan Yokohama Kobe Kaotisiunf Honfton|S pore T|Priok (ftt) MAIAPAMI »17 30 1 GON* *17 HB 24 2 27/2 2/2 7/2 21 2 3/1 13 2 14 2 11/2 5 3 13 9 3 liTraattir. HKI.JIMU a;*?a;4'i[»en7ia;U. .m PRE-CHINESE NEW YEAR LOADER
      635 words
    • 464 21 BOUSTEAD SHIPPING AGENCIES Phashwejyawywa V 250 Myomaywa VB5 Pa an VSO BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore 21/23 Feb 22/26 Feb 1/3 Mar P.Ketanj Penanj 11/20 Feb BANK LINE 11 < i:isvfr a T gift,. ifj t a a :Vi .>-<ol'. .fiK'. MEADOWBANK IVYBANK
      464 words

  • Page 22 Advertisements
    • 1270 22 K ECUADOR/PERU/CHILE FEEDER VSI MOTHIR VSI KANSAI PIOMELR V 43 VSI KAWASAKI KISEN KAISHA, LTD.— spott PKIG fNG SPORE KOBE GUAYAGI* CAUAO ARICA IQUQW AfA6ASTA S ANTOWO VALPARAISO 23 Feb 24 Feb 26 Feb 2» Feb IS Mm 21 Apr 2 May I May May 10 May 12 May 14
      1,270 words
    • 537 22 AGtN T S R JUMABMOV* ÜBAIDUIL A CO R JUMABMOV t SONS SONS (PTE) LTD SDN BHD (M) SDN BHD Stngapor* Kuala Lumpur Panang Tal *****1 <5 linaa) Tal »?O?SS *****1 Tal *****6/8 Port Kelang Tal 3M185 AFEA LINE ONCE AFEA ALWAYS AFEA VESSEL DAMOOA GANGA SMOFA LOADING FOR LaftS
      537 words
    • 662 22 SANKO ASIA FROM JAPANESE POUTS ANO HONGKONG Self iport P Keiaof mrt/13 Fib 13/15 Fab 11/19 Feb 21/22 Feb 27/2S FA 5/6 Mar 12/13 Mar Penanf 1. GOTONG ROYON6 2. NEW LI ADM 3. SEA ROYAL 4. SMMKO MMU 5. SANKO SCORPK) f. OCEAN RAMON 7. FUKUZAKI MARL) 16/ It
      662 words
    • 579 22 INTRASEA PTC) LTD 10 Anson Road »27 16 Interndtion^ 1 P1 a Singapore 0207 Tel *****1 1 <1 0 L nesl i i<i T J t rro i BREAKBULK SERVICE TO EUROPE/UK s-pv* p. Miiufcc Mrsum* N BBMSIS IS/2 13/2 rott/AMT/lU. (AVOW SEAWOOO SHIPPING CORPORATION Spore P KeUi* LoaS«| Mr:
      579 words

  • Page 23 Advertisements
    • 733 23 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE the ACf TO EUROPE/UK (VIA SUEZ) C WZE 42W N CRYSTAL 21W.... MAETERLMCX 5W.. S S BUDGE 49N.... K IACEJM 2IN—TW BMDGE 24*... F'stowe 14/3 21/3 28/3 4/4 11/4 18/4 HW| 16/3 23/3 30/3 6/4 13/4 20/4 Also accepting cargo to/from Scandinavia C ROZE S'pore
      733 words
    • 414 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON Hi taian/MIN M/J 7/3 lb. 7 Omm/SO2M 4/3 9/3 Hi. I taun/M2N 15/3 N/3 No C BM/SO2R 29/3 3/4 i M i tN N»P!llN» *1.1 Nf.il S PH I Tel '*90 Mil h. 7 «'.'0 1
      414 words
    • 703 23 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BURJMNG 55, Mvtet Street Singapore 0104 Telephone Numbers *****3 (15 Linn) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S r KELANS M/S SHARK M NAM SOON SON. BM) IST ANO 2ND FLOOR. NO 1 lALAN CEMPENWG PORT
      703 words
    • 34 23 r. SIM SWEE JOO SHIPPING SDN BHD EXPRESS TO BINTULU LONG MTU Vajr 71 IS Fak mm MH Vay 43 11/2 3 Agents: JAMBATAN MERAH SDN. BHD. P. Kelang *****6/7 K.L. 9H637/*****1 Ppnang 7LX
      34 words

  • Page 24 Advertisements
    • 651 24 HINODE KISEN CO. LTD I I.IK llK\\\ MET \KKIKK SINGAPORE ISLANDS LINE S'pvt Loadhf for 10/12 Mar Pt. Lous. Rmmmi, Tamatavt, Durban, Mombisu, Daressalam l\l VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE STOKE ANTWERP IDA* HAMBURG M BBH.M 1/15 15 Feb 10 Mar 1 Mar 11 Mar U
      651 words
    • 54 24 /~SFARGO SHIPPING COMPANY (PTE) L TO rj j express container service SINGAPORE BANGKOK 3 SAILINGS WEFM Y J AccapthfMh Fa and I CI: LCI C«r|wt pacfcad at private CFS tan 5 30pm Sateiay San 12.30pm aid. Sw ft P* hob ?B Keppel Road 17-07 Taniong Pagar Compiei Singapore 0208 Tel
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  • Page 24 Miscellaneous
    • 149 24 A Regional Weather S5 I y m V m. n a 8»-* ii C cr* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Wave height Cloudy
      149 words

  • Page 25 Advertisements
    • 132 25 HSC K. LUMPUR 42S0M/*****6/*****8/*****3 P. KELANG *****1/4 TERMMAL 3SS3SI/2 PEKING *****/*****/*****/***** P. GUDANG *****3/*****5/*****1/*****0 j. BAHARU *****ft/*****5/*****5 LEOSWP SPORE *****22 FAR EAST/EUROPE CONTAINER SERVICE FTTTM nrzT ftt— m th"— m ry ft— ry"i;yin t fttm CECTIM EEB SESM 188 F?y gy gy embi ny [EEBi m fry i.'iiviu'v.'i htm t—
      132 words
    • 228 25 Scan Dutch <§ To Europe (Med/ UK/NC/Scan) 3) HAMBURG GOTHENBURG To Red Sea/Mediterranean MOTHER FEEDER FEEDER uok vnac TOKYO VESSEL SINGAPORE p. KELANG PENANG HONGKONG KOBE B Perm* 13/2 1275 18/2 W2 »/2 2 Korean 20/2 22/2 25/2 24/2 1/3 3/3 iutlandu 27/2 26/2* 27/2 3/3 8/3 0/3 N Oeffl
      228 words

  • Page 26 Advertisements
    • 114 26 TAYO INTERNATIONAL PTE LTD HOJU.Y SOMCf TO OttKU/POC/MBAW/rOITOmK i sonnet raoM hut nawK/FOMwc to mctesa tots 10 ANSON ROAD *09 23 INTERNATIONAL PLA7A TLX R*****1 TAYOIN TEL **********7625 e HANGLI SHPPMG l> TRADING PTE LTD 63, MARKET STOET. TAT LEE BAKK BULDK #10-06/07 TEL: *****U (3 LWES) TELEX: R*****9 POAU
      114 words
    • 376 26 fart uparlptafkto w Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER NEDLLOYD MOJI 21 Feb Mombasa, Daressalaam APOLLO PEAK 23 Feb Port Louis, Reunion HEROINAE 5 Mar Mombasa. Daressalaam, Beira. Tamatave AFRICA'S HIMALAYA MARU 14 Feb Monrovia. Abidjan, Tema, Apa pa, Douata NEDLLOYD MANILA 4 Mar Apapa, Monrovia. Abidjan. Lome, Douala. Tema
      376 words