The Business Times, 8 April 1985

Microfilm: NL14933
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, APRIL 8, 1985 60 CENTS
    12 words
  • Article
    Major changes to proposal for mortgage-backed securities
    600 1  -  Revised plan affects borrower and original mortgagee By ALVIN TAY DRASTIC modifications have been made to the finance companies' almost five-year-old proposal to operate a market in mortgage-backed securities in what is seen as a last ditch attempt to get the scheme off
    600 words
  • Article
    URA expects net sales proceeds to plunge
    580 1  -  By LISA LEE THE URBAN Redevelopment Authority expects its net sales proceeds to plunge to a mere $53,500 in the current financial year from slightly more than $20 million previously. This is because of the threeyear moratorium on payment of land premiums announced
    580 words
  • Article
    Retailers say jeans sales unlikely to pick up again
    477 1  -  By SHAHRIR ARIFF BLUE DENIM JEANS sales in Singapore are fading alter hitting a peak two years ago, and industry sources say they are unlikely to pick up again. Miss Jessie Chng, divisional merchandise manager of Metro, said casual wear was
    477 words
  • Article
    Lock icon International borrowings slowed down in March
    163 1 Reuter BORROWINGS on international capital markets slowed down markedly last month and bond issues from top industrial countries were particularly low, the Organisation for Economic Cooperation and Development (OECD) said. The 24-nation grouping said preliminary data showed the volume of funds raised on medium
    Reuter  -  163 words
  • Article
    Recruitment of skilled foreigners speeds up
    447 1  -  By LOH HUI YIN THE Government is accelerating its drive to recruit talented professionals and skilled workers from abroad, especially from Hongkong. Two developments underline this: the setting up of a new company called Temasek Management to handle recruitment, and the appointment of Mr
    447 words
  • Article
    Lock icon Investments in China
    125 1 AFP THE NUMBER of projects for production operations in China in association with foreign companies increased by 50 per cent last year to a total value of US$2.B7 billion. The Chinese External Trade Ministry said on Saturday that of this sum, half was invested last year. It
    AFP  -  125 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      110 1 Call Wayfoong at 737-7977 for a fast decision on your loan Wayfoong Mortgage and Finance (S) Ltd A wno*y owned suOadiary ot Hongkong Bank 6 Claymore Hilt #03-00 Claymore Singapore 0922 A.P. No. 0045 7 MM IW KX-20PS1 51cm (20 inch) Profeel; a professional studio monitor for the home features
      110 words
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      Page 1 Advertisements Column 2
      373 1 ^,_`[,($:):<>:\'$;&/\,|[,<)?:|! The thing about German films is to concentrate and to enjoy the exercise. It is not a chore under a skilful director, and for those who are put off by the brutal plainness of most German films, often thick in plot and plodding in pace, Wim Wenders may offer
      373 words
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      Page 1 Advertisements Column 3
      4 1 Changing lifestyles Page 8
      4 words
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      Page 1 Advertisements Column 4
      88 1 Where efficient and personalised service is a tradition. va?- iJi 4^ FOUR SEAS COMMuNiCATiONi BASfc 110 OCBC G"sjp Head Office 19 25 Cecil Street Sngapo'e 0104 TAKE IT FOR GRANTED Ik v-V m j. .-U JAL's DAILY NON-STOP —fc— 747JUM80 A TOTOKYO 4ijiij^(only6hours) Daily departures 10.35 pm. It Arrive Tokyo
      88 words
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  • MANAGEMENT
    • Article, Illustration
      Lock icon The insidious disease of marketing myopia
      1726 2  -  It has been 25 years since Professor Theodore Levitt came up with his famous doctrine that corporate survival depends on doing everything necessary to satisfy the customer. Better known as 'marketing', it is an obvious notion which should have swept the world. And yet,
      FT  -  1,726 words
    • Article, Illustration
      Childless couples get new Gift from the doctors
      576 2  -  flFiR OiNiTil E R'Ss Compiled by LEE HAN SHIH A NEW WAY to make test tube babies will result in a pair of twins for a woman who tried for seven years to become pregnant. The new technique is called Gift, or
      576 words
    • Article
      Lock icon Persuading academics to seek new jobs
      927 3  -  By PETER MARSH FT HOW DO YOU increase the zeal of academics and scientific researchers to leave a secure job and set up their own technolo-gy-based companies? The question has relevance to a host of planners and politicians in Western Europe who are trying
      FT  -  927 words
    • Article, Illustration
      Lock icon EEC sponsoring training programme in China
      1087 3  -  By CHRISTIAN TYLER FT ON AN UNCOMPLETED site near the Beijing Zoo, the first EEC-sponsored MBA course for Chinese managers got under way recently. The Training Centre for Economic Cadres, as it is called, is the latest and in some ways the most sophisticated
      FT  -  1,087 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      184 2 Tirfach sensatwml The Swiss would know that as "Simply fantastic!" That's how you would describe The Belvedere's Swiss buffet luncheon which is now on till April 26. A Swiss meal is known for its gargantuan helpings, with second portions as big as the first; and fondue recognised as almost being
      184 words
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      Page 2 Advertisements Column 2
      79 2 "Impressive in every way" Choice CBD site on Collyer Quay Close to Raffles Place MRT Outstanding quality in design and in material finishes Prominent identity Cool, grey-green exterior Unobstructed sea views Over 60% of space committea to major tenants Available for occupation early 85 TUNG CENTRE Developer Island Investment Agency
      79 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      207 3 Is your building losing luce? Some new and expensive buildings in Singapore have already lost a lot 4 of face. To say nothing of what they\ have done for their owners' faces. You've seen them. Beautiful faces \M marred by ugly, fungus infested blotches\ 1 of impregnated damp and gaping
      207 words
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  • OVERSEAS
    • Article
      Lock icon US trade problem nearly worldwide
      610 4 Anger directed at one nation Japan UPI FRUSTRATED by a rising trade deficit that has slowed the US economy and cost several million American jobs, Congress has been directing its anger at one nation Japan. But US Commerce Department figures show that the US trade
      UPI  -  610 words
    • Article
      Lock icon US trade with Red countries up 43.2 pc
      247 4 AFP TRADE between the United States and communist countries rose by 43.2 per cent in 1984 to total US$l2.4 billion after a 12 per cent fall in 1983, the US International Trade Commission reported. The report, published last Friday, said that in
      AFP  -  247 words
    • Article
      Lock icon M'sia deported 18,000 illegal Indonesian workers
      229 4 AFP MALAYSIA deported about 18,000 Indonesians who entered the country illegally in the last 10 years and were caught without valid work or entry permits. Deputy Home Minister Radzi Sheikh Ahmad said the Indonesians had been attracted by Malaysia's shortage of 50,000 workers in
      AFP  -  229 words
    • Article
      Lock icon Washington keeping close watch over Sudan
      246 4 Reuter AMERICAN officials kept a close watch on events in the Sudan last Saturday after indicating that Washington will honour an aid pledge made to ousted President Jaafar Nimeiri. "US policy has not changed. We are assessing the new government as we go forward,"
      Reuter  -  246 words
    • Article, Illustration
      Lock icon Reagan urges support for his two proposals
      503 4 AP US PRESIDENT Ronald Reagan, ignoring criticism of his budget compromise plan and a new strategy to aid Nicaruagan rebels, has asked Congress to support the two controversial proposals. "This week is ending on a very hopeful note," the vacationing president said in
      AP; AP Photo  -  503 words
    • Article
      Lock icon KL to stop import of reconditioned cars
      147 4 AFP THE MALAYSIAN government plans to stop the import of reconditioned cars to prevent Malaysia from becoming a "reconditioned car grave-yard". Trade and Industry Minister Tengku Razaleigh Hamzah said the import of reconditioned cars resulted in a loss of foreign exchange and he
      AFP  -  147 words
    • Article
      Lock icon Libyan assassin kills exiled dissident
      305 4 Reuter WEST GERMAN police were yesterday questioning a young Libyan assassin who shot and killed an exiled opponent of Libyan leader Colonel Muammar Gaddafi and wounded two bystanders in Bonn's crowded city centre. The shooting, which took place in broad daylight on Saturday, took place
      Reuter  -  305 words
    • Article
      Lock icon China's textile enterprises urged to export directly
      146 4 AP TEXTILE ENTERPRISES in China's 14 coastal cities open to foreign investment as well as five inland cities are being urged to deal directly in export trade, Textile Ministry officials said. The official Xinhua News Agency reported that the ministry officials said this
      AP  -  146 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      710 4 ARRIVALS Operator Sarvicc Local From number time PAA PA5 0155 JFK/SFO/ HKG MAS MH601 0720 KUL SIA SQ43 0750 DHA MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH8II 0940 PEN SV SV378 0940 JED/RUH CAL CI806 0945 HLP RBA BI421 1000
      710 words
    • Article
      Lock icon Soviet crackdown on inefficiency
      295 5 UPI THE SOVIET communist party newspaper Pravda attacked inefficiency and corruption and Announced the firing of some officials in a crackdown widely reSported since the election of Soviet leader Mikhail Gorbachev. The crackdown, part of a series of highly publicised disciplinary measures, appeared in re'ports on
      UPI  -  295 words
    • Article, Illustration
      Lock icon 'US has two million Aids carriers'
      243 5 AP THE DISCOVERER of the deadly Aids virus said two million Americans were infected by the ritoasp and that the number of sufferers in Europe would reach the same level in two years. In an interview in the Observer newspaper, US scientist Dr Robert
      AP  -  243 words
    • Article
      Lock icon Black killed in South African township riots
      233 5 Reuter RIOTERS killed a black man last Saturday in South Africa's Eastern Cape as a government minister who toured the area said he was determined to maintain order. Riots involving crowds of up to 1,000 broke out in townships on Saturday, and police
      Reuter  -  233 words
    • Article
      Lock icon Indian team analyses Union Carbide samples
      313 5 UPI AN INDIAN government criminal investigation team opened a storage tank at the Union Carbide pesticide plant in Bhopal on Saturday and removed vital samples which could show who was responsible for the gas leak disaster. The team from the Central Bureau of Investigations
      UPI  -  313 words
    • Article
      Lock icon China keen on better ties with Russia
      394 5 Envoy flies to Moscow for sixth round of talks AP CHINA'S special envoy to normalisation talks with the Soviet Union flew to Moscow yesterday for the sixth round since 1962 and said Beijing takes a "serious attitude" towards improving relations with its communist
      AP  -  394 words
    • Article
      Lock icon Anti-smoking campaign — Chinese drinking to it
      279 5 Anti-smoking campaign Chinese drinking to it UPI CHINA'S one billion people should be drinking more and smoking less. The China Daily newspaper said on Saturday the government was investing US$B45 million in new breweries as part of a five-year plan to boost per capita beer consumption from five bottles annually
      UPI  -  279 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      264 4 IF BUSINESS BRINGS YOU 10 THWRU.THE MARCO POLO WILL GIVE YOU THE RECOGNITION. There's only one way to do business in Tawau, Sabah, whether you're here for a day or a week. You have to be sure that your business address has the kind of importance that is instantly recognised
      264 words
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      Page 4 Advertisements Column 2
      26 4 /Wl Pan Am h F1 vini; Irom Singapore > Honi; koni; Tokvo, 1 Aneolos Honolulu Sir, I r.iiu i-h > \v w Vuk For Updated Information, Call *****11
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      293 5 The familiar emblem of a good flight. Larnaca Linz Lisbon London Subject to change. This emblem should be all the more familiar because you see it the world over; and always on the roomiest, most luxurious and environmentally advanced types of aircraft. Types, by the way, that bear not only
      293 words
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      Page 5 Advertisements Column 2
      260 5 First-class sound. MW SV fm eu^ Kr 8 3 .v'^' 2SNV XJK**»««e w ,'aaar ansa-. A AAfr.fc S VA 4 f 0 J* 3% V V v The finer the car. the more important the car stereo design, the reception, the sound impact, the ease of operation. Blaupunkt Berlin SQR
      260 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      44 5 Doonesbury BY GARRY TRUDEAU I6UES6TLLALMft/SBeAFARMBR AT HEART. ONCE iOLTVE TIUEP THE SOU, THERE'S NO TURNN6BACK. FARM IMO JUST Q6TS IN VOUK 3LOOP ANP SWSTHERE! UHEREDO KXJFARM, SIR* "X/ VACANT LOTS, ABANDONS? DRIVE-INS. IHAVETO ROTATE MY CROPSA i w. u IS {ft u vs*> I*
      44 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Chemical signs letter of intent to buy Home State
      711 6 NYT THE CHEMICAL BANK of New York has signed a letter of intent to buy the failed Home State Savings Bank of Cincinnati, whose financial problems last month precipitated a bank crisis in Ohio, and to transform it into a federally-insured
      NYT  -  711 words
    • Article
      Lock icon W German banks switch to investment business to maintain profits
      620 6 Reuter WEST GERMANY'S "Big Three" commercial banks have started a major new drive into the world of investment banking in a bid to offset a decline in traditional business areas and to maintain profits. Economists said the strategy emerged clearly
      Reuter  -  620 words
    • Article
      Lock icon Borrowers continue to favour short-term credit facilities
      306 6 Reuter BORROWERS, particularly those from countries within the Organisation (or Economic Cooperation and Development (OECD), are continuing to favour the use of short-term note issuance facilities over the traditional syndicated credit, the Bank of England said. In its latest quarterly bulletin, it noted
      Reuter  -  306 words
    • Article
      Lock icon Sliding Aussie dollar poses new problems
      399 6 AFP THE SLIDE in the Australian dollar's value on the international currencies market has placed new political strains on the Labour government of Prime Minister Bob Hawke, analysts said. The Australian dollar has fallen 18 per cent in the last two months, as measured
      AFP  -  399 words
    • Article
      Lock icon S Korean debt likely to rise to USs$6l.4bn by 1991
      200 6 Reuter SOUTH KOREA'S outstanding foreign debt is likely to rise to US$6l.4 billion by 1991 from about $47.4 trillion at the end of 1965 but it will fall to $54 billion by the year 2000. The Korea Development Institute said
      Reuter  -  200 words
    • Article
      Lock icon Datuk Nahar appointed as Ban Hin Lee director
      265 6 Bernama FORMER KEDAH Mentri Besar, Datuk Seri Syed Nahar Shahabuddin, has been appointed as one of the new directors of Ban Hin Lee Bank Bhd. Also appointed as director is Dr Syed Mahmood Bin Syed Hussain, chairman of Asiavest Merchant Bankers (M)
      Bernama  -  265 words
    • Article
      Lock icon Increase in rupiah deposits
      187 6 AFP THE GOVERNOR of Bank Indonesia, Dr Arifin Siregar, has dismissed allegations that public confidence In the rupiah currency has been eroded. Dr Siregar said that rupiah deposits by the Indonesian public in banks increased from 4.4 trillion rupiahs (US$4 billion) in December, 1983, to six
      AFP  -  187 words
  • MONEY AND EXCHANGES
    • Article, Illustration
      Prime lending rates
      449 6 FLR of bonks at th« dose of business on Thursday, Apr 4 as supplied by the Association of Bonks in Singopore. BANK PLR AJgemene Bank 9V« 'American Express 9V4 Am'Dom R'terdam Bank 9Vi Arab Banking Corp 9tt Arab Bank Ltd 9V< Asia Commercial 9 A NZ Banking
      449 words
    • Article
      Lock icon Softer week for interbank market
      364 6 National Discount Co Ltd MARKET participants who believed rates had bottomed out in the previous week were faced with a softer interbank market last week. The interbank term rates experienced a steady downtrend but managed to firm substantially towards the close of the week. Overnight
      National Discount Co Ltd  -  364 words
    • Article
      Asian $ market
      222 6 Asian market ASIAN currency average deposit rates for the week ended Apr 4 BID PftlCES Hialt Low uss 7 days 8 3/4 8 11/16 1 month 8 3/4 8 11/16 2 month* 8 7/8 8 13/16 3 months 9 1/16 8 15/16 6 months 9 1/2 9 3/8 9 months
      222 words
    • Article
      Short-term money
      54 6 The ronoe of col rates for the week ended Thursday, Apr 4: Bonk hind 5.2 to 5.35 General hind 5 to 5.3 M 0 v i of funds 1.7)3 Source: Short Deposits (M) Bhd Tha OCBC, Green ft Collier and Union Bank of Switzerland reports were unavailable bacause
      54 words
    • Article
      Discount Prices
      48 6 At Saturday's close Prices offered by discount houses on Apr 6 3-month Treasury Brfts 3—2 7/ 8_ Overnight 3 3-month bank bJh 6 J/ '6—5 15/16 Co* deposits 3 3-month CD 5 3/16-5 11/16 Source: Notional 6-month CD 6 1/8—6 Discount Company Source: National Discount Company
      48 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      26 6 and r > it AGNESIA Antiseptic and soothing skincare. ANTISEPTIC OUSTING POWDtR PRICKLY HEAT J (Jniteers Building, River Valley Road, Singapore 0923. Tel: *****61 MFH NO: 0(*****
      26 words
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      Page 6 Advertisements Column 2
      26 6 Your Health is Ybur Wealth "The quality of a man's sleep determines his happiness, well-being and effectiveness in life." SIMMONS Tha largaat stockist of quaNty bads
      26 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      166 7 Now, USA Dirett I M ■f it i ni MM 1 1 •••< a* mm*? THB w Mr from Kuala Lumpur Starting May 3rd, you can fly direct from Kuala Lumpur to San Francisco and Dallas/Ft. Worth, Texas. Or by flying nonstop to Tokyo, you can fly nonstop across the
      166 words
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  • FEATURES
    • Article, Illustration
      Appeal of jeans fading
      1304 8  -  Changing lifestyles and fashions lead to decline in popularity of denims By SHAHRIR ARIFF DEMAND FOR good ol' blue denim jeans, once a symbol of easy living, has begun to fade. Sales in the US and Europe have been falling for the past few years, and
      1,304 words
    • Article, Illustration
      Distinguishing form from substance
      581 8  -  By DAVID GABRIEL AT FIRST SIGHT, the announcement by the Minister for Education, Dr Tony Tan, that the graduate mothers scheme was to be unwound appeared to be a major change of policy. The question now is whether this decision really represents a change of philosophy,
      581 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      462 8 r 'yn~ r •••i~ •:«..„•••'v.»«; x 4. £jss sNs£* ■*f%? -•<; > -r* 3 i V ov"* ST mmmmmaSmsm. 7 77 WITH THE ISS/TIMES CONFERENCES' 1985 INFORMATION TECHNOLOGY CONFERENCE ON 2-4MW1985. AUDTTORIUM. 6$ BUILDING ■K& Z-L The Regions leading Institute for Information Tfechnology and foremost Conference Consultant are hosting an
      462 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      994 8 to ami) mm f OUNNOS J) 2.30 PM SBC Text "Uvi" Sample Rafts 3.00 Opening and Programme rtfhSfhts folowtd by Princess Chang Pint (Mandarin, with English subtitles/ r) 3.55 A Baby's Own World The Emotions of the Unborn CMd 4.20 Time To Draw: The difference between flat and three-dimensional drawings.
      994 words
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  • THE ARTS
    • Article, Illustration
      Concentrate and enjoy the exercise
      1065 9  -  For those who are put off by the brutal plainness of most German films, often thick in plot, philosophical in dialogue and plodding in pace, Wenders (right) may offer a lighter articulation of the popular concerns of German cinema. By MONICA GWEE "THEY'RE like the
      1,065 words
  • SPORTS
    • Article, Illustration
      Remember Me triumphs
      641 9  -  By BRIAN MILLER A TRIPLE OBJECTION, Laad Of Fire'* victory in Sunday's feature race and that fine all-the-way win by Remember Me V in the top class event highlighted the first two days of the Kuala Lumpur race meeting last weekend. Taking it from what seems the
      641 words
    • Article
      Lock icon McEnroe, Conners in easy victories
      510 9  -  By KENT McDILL UPI JOHN McENROE and Jimmy Connors set up their 30th career meeting with straight-set semifinal victories on Saturday in the U*****,000 Chicago Grand Prix tennis tournament. McEnroe, the No 1 seed and the No 1 player in the world for the past
      UPI  -  510 words
    • Article, Illustration
      Eng Teck wins Sembawang medal on countback
      382 9  -  By WALTON MORAIS COMPETITION for the monthly A medal honours at Sembawang yesterday was close, with the winner only being decided on countback. At the end of 18 holes, both Poh Eng Teck and PM Samy were left tied on 76. That called
      382 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      43 9 Fifcsr DWV BPCK PvF-nEJR ToJO CkOROUS UO€£XS P<T FONBOyS IN i SMRU. PRoSPBu/ FtrJD IT DIFFICULT TO POJUST TO OFFICE. Ufe ne«e Loe go pv quick RefOESHeR course oes<. .cHwe. tej_£.pvojg ...»M-TRP»y... eR. FilwJG CASINer... O?,L£T ni G. 56£..... rco sußeTHe.fi£.'S somejuir4G euse...
      43 words
    • Miscellaneous
      Page 9 Miscellaneous Column 2
      642 9 CRYPTIC PUZZLE ACROSS 4 Fixed at a doHor a half mile? (6) 7 Once equisite food (8) 8 The col for something really funny (6) 10 Arrangement for making a clique higher in society? (3, 2) 13 Possibly rose-bed? (4) 14 Observed to be ensured? (4) 15 Foreign port of
      642 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Mitsubishi and Rolm study PABX venture
      244 10 Kyodo MITSUBISHI Electric Corp (MEC) is negotiating with Rolm Corp, a subsidiary of International Business Machines Corp, for the import and sale of digital private automatic branch exchanges (PABXs) in Japan. Digital PABX is a com-puter-operated telephone switching system that treats voice signals internally
      Kyodo  -  244 words
    • Article
      Tokyo
      244 10 APR 06 YM 1080 Mitsubishi Mitsub Elec Mitsub Estate 529 400 611 unch unch unch 469 3 Mitsub Heavy 266 +4 1030 Mitsui 355 10 A t 870 890 820 531 1270 12 173 unch Asohi Gloss -2 -10 Mitsui Smetfwig 577 495 +6 25 -20 Murata 226C -60
      244 words
    • Article
      Lock icon Blue chips in New York rally in final hour
      318 10 Reuter WALL STREET share prices closed mixed last Thursday in moderate trading, mostly on the strength of a final-hour rebound in blue chips. The Dow Jones Industrial Average rose by 0.99 points to close at 1,259.05. Declining issues led advances by
      Reuter  -  318 words
    • Article
      Toronto
      125 10 AMM Abrtib. c$ 53* Imp Oil Inco Int Prow P«>a 52 18* 36* A Icon 35* unch Karr Add 16* unch Argoan HkJgs 19 Lobtow B 17 Bonk Mont Bonk Novo Scotia M Canodo 25* 12* 39* inch Mc Bkxtt Mohon A 25* 16 32* -1* Moor* Cp 69*
      125 words
    • Article
      Johannesburg
      163 10 Um*c 475 5 Wooiwortti ***** INDUSTRIALS MININGS A Alpha 715 150 -5 +5 2585 -IS 740 330B 1650 AM?"* 2375 >40 Buffafc 8225 -25 1050 10 Charter Cora Go4d CNA 245 +5 Cora Mixch 1050 1020 uneh 5 Cumc Fnance Edgars 721 5 Drio* E R Cora 5400 187
      163 words
    • Article
      New York
      831 10 am M USS Ale on Alumh Alcoa Alegh«ny Lud Attd Own Cp AM Stores Aii-ChahMn Am Brandt Inc Am BroodcaM Am Can Co Am Cyanamd Am Etoc Pwr Am E«prtu Am Horn* Prod Am Motors Cp Am Notvral Gas Am T«J 4 Tal Amox Inc Anwrodo Htu AMF
      831 words
    • Article
      European markets
      404 10 Amsterdam MM Fh AON 398 50 iawh Aagon 184 50 -0 5 Ahold 213 00 +15 Akio ***** +0.2 AMEV 215 00 tatch Affltai Amro Bar* 73 30 -0 3 Bwfcai 56 20 -0 1 ■ok 100 00 -115 Boreanj 338 00 -2 5 Both alt Bt* Tat
      404 words
    • Article
      Lock icon Shell trims capital spending this year
      239 10 Reuter SHELL OIL Co's annual report dropped its estimate of capital expenditure this year to US$3.4 billion from the $4.0 billion forecast in its fourth-quarter earnings report. Capital and exploration spending rose last year to $3.36 billion from $2.25 billion in 1983. Last year's
      Reuter  -  239 words
    • Article
      Lock icon Reuters buys Rich
      112 10 Reuter REUTERS HOLDINGS PLC has completed the acquisition of Rich Inc of Chicago, a designer of communications systems for financial trading rooms. The price of the acquisition, announced on Feb 26, for Reuters was 2.45 million American depositary shares (ADS) and around US$2 million in cash. Each
      Reuter  -  112 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      356 10 «i>/5d IP Wtere to wiae, ila« aai gaiertala •r It if. f')i ISINtiSSMAN > 111NUI WITH A'O JCHOfmNCf: X fek ■A n H. Mi ■rle 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! Appetiser,
      356 words
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      Page 10 Advertisements Column 2
      100 10 London stocks, pags 15 270 Orchard Road. Singapore 0923 Tetex: US ***** MCROWPI. Cable: CROWfIMOTCL. rac: *****18. Tel: 7321 II I tm i *7 The tropical LI 1 IU y sun.lhegentle I (Hi II y trade windsand I 1V I thesmiling blue f Jf sky of Singapore V, y await
      100 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Robert J Birnbaum to head New York Stock Exchange
      528 11 NYT ROBERT Birnbaum, president and chief operating officer of the American Stock Exchange, has been named president and chief operating officer of the New York Stock Exchange. Mr Birnbaum's appointment last Thursday, which had been expected, is apparently the first time
      NYT  -  528 words
    • Article
      Lock icon UK Takeover Panel lifts two rules governing bids
      316 11 FT THE London Panel on Takeovers and Mergers has withdrawn two of its rules governing bids, as a prelude to publication of a revised takeover code-book this month. The rules being dropped are Nos 37 and 42 in the Takeover Code. Rule
      FT  -  316 words
    • Article
      Lock icon McDermott told it underpaid taxes
      538 11 NYT AMERICA'S Internal Revenue Service is seeking more than US$3OO million in underpaid taxes and penalties from the giant New Orleans-based McDermott International Inc, one of the nation's leading engineering and construction companies. Records filed with the US tax court in Washington show that the
      NYT  -  538 words
    • Article
      Lock icon GE may come to rescue of CBS
      482 11 NYT TWO SEPARATE Wall Street investment banking sources said General Electric Co and CBS Inc has discussed an arrangement under which GE will come in with a friendly merger offer at about US$l5O a share for the broadcasting company in the event a
      NYT  -  482 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      166 11 *5- > ft -v s.» .j-. i. mwmm? i ,P"* FOR FURTHER INFORMATION CALL <&i W m A ill" 9fi a r h Y////r/ 'Ml K »nS> r .;«vr* HRi iili irfßH r IflW > shqW&x V? KE-< 'eKi '«.i For dettghtfuldinners with popular local flavours. Enjoy dinner with popular
      166 words
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      Page 11 Advertisements Column 2
      255 11 Two styles of music nightly: June Harris and Jeramzee. The playing of sophisticated Am ivories belongs to \JkJL M June Harris, with a vocal and repertoire to thrill and excite you. The other musical style belongs to Jeromzee, a local group. They're happiest playing swinging' music, jazz, fusion or call
      255 words
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      Page 11 Advertisements Column 3
      87 11 THE! Level 4 A vortex of sight, sound and sheer imagery 4 9 V I Ist Drink Charges: Sun Thurs: 9pm 2am; $18++ Fri, Sat Eve of Public Holidays: 9pm 3am; $23++ ExcelSar Hdef 5 Col«nan Street. Singapore 0617. Tel: *****33 Sclamat memjamu sclera at the Indonesian Food Festival April
      87 words
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      Page 11 Advertisements Column 4
      92 11 Inn of Happiness J V Whatever the occasion our creative Cantonese cuisine makes it a celebration that's Distinctively Hilton in Style. HUON MTfsRNATIONAb BMGAPORB b /\^lump tm«i t'xciting nuk gm"p V > Jl 4» t iOJ <• i// /Ac C'Casßafi,' 2 night* ~nl\ \pnl IT H I h< .k .liiniir
      92 words
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      Page 11 Advertisements Column 5
      100 11 i At COFFEE GARDEN., 24-HO Lm HONG KONG lOMkMikHiTij] r P Kftvi ilHijiiei >: SPECIAL ROASTS* AVAILABLE TOO! Abo available round-tbe-dock are delectable local and continental cuisines. 1 [5? nf» i- r I jtimmmiiji, mmTmt, 19 CairnhiU Circle Singapore 0922 TW: 734 6622 Aapte Free Parttag 4 VaMScnrke. OataMc CBD
      100 words
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  • RAW MATERIALS
    • Article
      Currency fluctuations rule trading on London markets
      810 12 CURRENCY UNCERTAINTIES maintained their hold on commodity markets in the run-up to the long Easter break last weekend. Rates again moved erratically, and sterling's initial rally against the dollar was not entirely maintained. A one quarter of a point reduction in interest base
      810 words
    • Article
      Lock icon Cocoa surplus estimate raised
      217 12 AP THE Gill Duffus group, a British commodity trading firm, sharply increased its world cocoa surplus estimate for 1984-85 to 70,000 tonnes last Wednesday, up from 8,000 tonnes estimated in January. In a report on the cocoa market, the firm said favourable crop developments in the
      AP  -  217 words
    • Article
      Lock icon Aid for Pakistan and Africa
      62 12 UPI THE United Nations Food and Agriculture Organisation (FAO) will allocate US$43 million in drought relief and emergency food assistance to four African countries and Pakistan, officials said last Thursday. Niger, Sudan and Burkina Faso will receive $15.5 million for drought relief. Ethiopia, Pakistan and
      UPI  -  62 words
    • Article
      Lock icon Indonesia exchange to start trading rubber
      417 12 Reuter INDONESIA'S first commodity exchange, to be known as Incomex, will start trading physical rubber on April 25, senior market sources said. Exchange chairman Paian Nainggolan said a formal ceremony would not be held on the opening day, but would probably come later, when
      Reuter  -  417 words
    • Article
      Lock icon French 'red' wheat exports
      110 12 AFP MORE THAN HALF the wheat exported by France last year went to the Soviet Union, Jean-Baptiste Doumeng, president of the Interagra trading group, said last week. Total exports of wheat were 10.5 million tonnes and shipments to the Soviet Union came to six million tonnes.
      AFP  -  110 words
    • Article
      Produce market sees rally
      268 12 THE produce market is currently experiencing a rally as a result of tight supplies. Crude palm oil prices have been very firm last week with prices rising above the $1,400 per tonne mark. Supplies have decreased because of the seasonal drop in production and stocks have
      268 words
    • Article
      Lock icon Ribbed Smoked Sheets
      123 12 Reuter STOCKS OF natural rubber destroyed in a major fire at a port warehouse in Hamburg last week were part of West Germany's buffer stock, rubber industry sources said. A spokesman for the warehouse's owners, Hapag-Lloyd Ag, said 2,000 tonnes of rubber were stored in the part
      Reuter  -  123 words
    • Article
      LONDON MARKETS
      1071 12 COFFEE Robusta futures advanced from slight midday gains to close around the day's highs last Friday due to sterling's afternoon move to the lows against the dollar. Contracts finished £31 to £19 up apart from an exceptional £46 advance in distant March. July was up £24 at £2,232.
      1,071 words
    • Article
      Produce exchange
      153 12 Chinese Produce Exchange Robusto 20/25% FOB NSW 477 50 (Setters' noon closing pr tees on Nutmeg Apr 6 SS/100 kg). 110 FOB NSW E&W FOB NSW 396 00 248 00 Coconut oil Bufc FOB Old drum FOB 155 00 168 00 Gombier FOB NSW 330 00 New drum
      153 words
    • Article
      RUBBER
      28 12 Closing prices Dote Sinoopore S$/Vrto Moloysio M$/kilo Apr 1 171.75 201.75 Apr 2 173.00 201.00 Apr 3 172.00 201.75 Apr A 174.00 205.00 Apr 5 dosed closed
      28 words
    • Article
      KL TIN
      28 12 Dote Closing prices Turnover M$/kito (tonnes) Apr 1 29.52 50 Apr 2 29.45 115 Apr 3 29 46 148 Apr 4 29.47 323 Apr 5 dosed
      28 words
    • Article
      SOYBEAN
      181 12 SOYBEAN futures on the Chicago Board of Trade rallied in sympathy with persistent strength in the nearby soyoil and silver pits last Friday, ending with gains of two to 3 V 4 US cents per bushel in light pre-holiday dealings. May settled at $6.04 after posting a SV«-cent range
      181 words
    • Article
      WHEAT
      199 12 WHEAT FUTURES on the Chicago Board of Trade on or near the highs in improved trade last Friday, ranging from up 6V« cents per bushel in old crop May to down Vi in thinly-traded distant May. May settled at the highest level since last August at $3.64 V 4
      199 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      274 12 MARKETING BANK SERVICES A one-day seminar for senior executives in policy-making positions 23 Apr 1985 Marco Polo Hotel Singapore Presented by The Institute of Banking and Finance in conjunction with Finance Industry Training and Marketing Improvements Limited. THE KEY CHALLENGES FOR BANKS To understand the changing nature of corporate needs.
      274 words
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  • MARKET REVIEWS
    • Article, Illustration
      Bargain hunters help to firm up prices
      5370 13  -  By HOMER CHEN BARG4N HUNTERS appeared during the second half of the holiday-short-ened wek to help the Singapore tock market recover sone of the earlier losses. Conequently, most prices remained little change! over the week. This ii reflected in the broad-hsed BT Composite
      5,370 words
    • Article
      Lock icon Overseas buying lifts stocks to new high
      237 13 BS r \l\ustralia m Reuter AUSTRAJAN share markets twie achieved record highs las week in line with the weakning local currency and mproved international commodity prices. Brokes said the (all in the Autralian dollar against te US dollar and third curencies during the
      Reuter  -  237 words
    • Article
      COMPANY NEWS for the week
      650 13  -  Week ended April 4 compiled by JULIANA TAY SCRIP ISSUES A I S B: Sub-division of $1.00 por into 2 shares of 50 cents each. Bonus issue ot one-for-two and rights issue of one-for-two at $0-50 pershare. Gando Hldgs: Proposed rights issue of one-for-four at
      650 words
    • Article
      Lock icon Uncertainty dampens trading
      314 13 m j UBS DURINQthe week under review, ie Swiss stock market /as characterised by drop in turnover andlack of a clear trend. The unpredictable fluctuatias of the United States dilar led to uncertainty and lacklustre trading. Towads the end of the week a slight recovery mateialised, so
      UBS  -  314 words
    • Article
      Capital clamour
      1823 14  -  Kmal London S"" 1 By GERALD COLVERD THOUGH Singapore's population is a mere five per cent of that in Britain, it had more of its students taking the British Computer Society's basic professional exams last year than residents. For the record, the numbers were: Singapore 759: UK 576.
      1,823 words
    • Article
      Lock icon Setback in Milan as caution returns
      242 14 BCI THE MILAN stock market suffered sharp losses last week, after rising in the past few months. Italian unit trusts and foreign investors continued to be present but they were more cautious about buying and some were cashing in on profits. The BCI All-Share
      BCI  -  242 words
    • Article
      Steps to improve liquidity fail to lift sentiment
      932 14 pejj K.Lumpur THE STEPS taken by Bank Negara to reduce commercial banks' statutory reserve requirements as well as the passing of the amendments to the companies act was virtually ignored by investors at the Kuala Lumpur stock market last week. Share prices
      932 words
    • Article
      APPROVED ISSUES
      70 14 Company A 1 S B RIGHTS ISSUE One-for-two fe S0.50 per shore Ex-date: Apr 15 Books dose: Apr 25 Berjaya Corpn Five-tor-one fe. $1.00 per shore Ex-date: Mar 26 Books close: Apr 8 Company BONUS ISSUE A 1 S B Sub-division of $1 par into 2 shares of
      70 words
    • Article
      Lock icon Investors jittery over US-Japan trade friction
      400 14 M i fltj] Tokyo I* J Kyodo AFTER opening strongly with the start of the new business year, share prices weakened in cautious trading on the Tokyo Stock Exchange last week. Uncertainty over the future course of Japan-US trade relations and of the yen's
      Kyodo  -  400 words
    • Article
      Lock icon Corporate worries drive prices down
      532 14 J ew U UPI WALL STREET finished a dull Easter week with a loss as investors fretted over quarterly earnings prospects and the direction of the economy. Takeover issues were the market's only bright spots in the four days of trading. There were casualties among
      UPI  -  532 words
    • Article
      Index at all-time record
      359 14  -  K 1 Hongkong y By TERESA LIM Hongkong Correspondent LAST WEEK'S performance could not have been predicted, whatever brokers may say with the benefit of hindsight. The market was pretty much at the stage when it could have gone one way slipping down to 1,300 points
      359 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      243 14 Harimau Investments Limited (Incofporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the twelfth Annual General Meeting of the Company will be held at 65 Chulia Street #19-00, Conference Room A, OCBC Centre, Singapore 0104 on Friday, 10 May 1985 at 12.00 noon for the
      243 words
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      Page 14 Advertisements Column 2
      120 14 1 u close to nature? Tan Chong Tower Service Apartments Available for 1 month and above Within CBD Fully furnished inclusive of kitchenware Telex and IDD telephone Housekeeping and laundry service available Covered car park 24-hour security Rates: Studio $1,300 per month 1-bedroom $1,600 per month 2-bedroom $2,300 per month
      120 words
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  • COMPANY NEWS
    • Article
      Aussie nods for Gentings, Sim Lim
      231 15 AUSTRALIAN authorities have approved investment in different parts of the continent by two Malaysia-Singapore publiclylisted companies Genting Bhd and Sim Lim Investments Ltd. In Gentings' case, the Parliament of Western Australia has given its approval to the participation by the group in the equity
      231 words
    • Article
      DIVIDENDS ANNOUNCED
      1218 15 Current E* Boots Dot* Totol for Totol tor payment dot* close poyoWe the roor lost yeor A 1 S B 15%(b) Apr 15 Apr 25 AAay 10 15% 15% Acmo 5%(b) NYA NYA NYA 5% 7.5% Ambassador 7%%<b> NYA NYA NYA 7%% 7%% Amal Steel 8%TE(b) Doc 4
      1,218 words
    • Article
      Lock icon Ganda Holdings to dispose of 49 pc stake in First Hotel
      326 15 Bernama GANDA HOLDINGS Bhd has put up for sale its 49 per cent stake in First Hotel Co Ltd, owner of a tour-ist-class hotel in Bangkok. Ganda chairman Ngan (Thing Wen said in his annual statement that in spite
      Bernama  -  326 words
    • Article
      Safuan trying for Trust House Forte franchise
      329 15 THE SAFUAN GROUP, which currently controls publicly-lifted Kesang Holdings, is negotiating (or a franchise from a leading UK-baaed hotel management and resort group. Haji Mat Shah Safuan, executive chairman and managing director of the Safuan group, said recently the group was in the
      329 words
    • Article
      LONDON STOCKS
      946 15 SHARE prices closed firm on Thursday in technical reaction to Wednesday's losses but trading was thin ahead of the Easter break, dealers said. Official trading ended at 1430 GMT and the market reopens on Tuesday, April 9 at On) GMT. The FT 100 share Index at 1430 GMT
      946 words
    • Article
      Killinghall Tin makes two-for-five rights issue to raise M$25.76m
      432 15  -  By NAJEEB JARHOM A TWO-FOR-FIVE rights issue priced at an attractive M 51.15 a share to raise $25.76 million has been made by Killinghall Tin (Malaysia) Bhd. It has also decided to allow shareholders to subscribe directly to the capital of
      432 words
    • Article
      Raleigh Cycles' bonus issue
      60 15 RALEIGH CYCLES (M) Bhd has received all necessary approvals for its one-for-two bonus issue and one-for-one rights issue at MJ1.50 a share. The last day for entitlements to these issues is April 27, while the last day for splitting of the rights issue is May 15.
      60 words
    • Article, Illustration
      UEL revives River Valley building plans
      570 15  -  By CHAN Ol CHEE AFTER A LAPSE of nearly two years, United Engineers Ltd (UEL) is reviving plans to redevelop the prime River Valley Road site on which its headquarters is located. BT understands that a local architect firm, Architects 61, was appointed earlier
      570 words
    • Article
      MAA's net premium income grows by 25.6 pc
      217 15 MALAYSIAN AMERICAN Assurance Co increased its total net premium income in 1984 by over 25.6 per cent to M 58.48 million after a 22.5 per cent rise in gross premium income in the first half of the year to $5.4 million. The
      217 words
    • Article
      City Dev in joint venture
      86 15 CITY DEVELOPMENTS Ltd and Daiichi Kenchiku Services Co Ltd will set up a 50-50 joint venture with a paid-up capital of $200,000 to provide management and consultancy services for the maintenance of buildings and equipment. It will also conduct research and development for the com-
      86 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      89 15 U5545,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 7th April 1987' and 7th April 1988* THETOKAI BANK, LIMITED (Singapore Btanch) \v In accordance with the provisions of the Certificates, notice is hereby given that for the six month interest period from Bth April 1985 to Bth October 1985,
      89 words
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      Page 15 Advertisements Column 2
      106 15 AN OPPORTUNITY TO INVEST IN PETROL STATION BUSINESS The following 2 petrol station sites were released for tenders recently: 1) Tampines Avenue 2 Site area approximately 3,917.5 sq.m. 2) Yishun Ring Road Site area approximately 1,900 sq.m. TENDERS CLOSE ON APRIL 24,1985. We invite businessmen who are financially sound and
      106 words
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  • Article
    Royalty issue holds up hepatitis production
    411 16  -  By LOH HUI YIN FRESH NEGOTIATIONS on royalties over the use of new technology are holding up the production of Hepatitis B vaccine in Singapore by perhaps a year. BT understands the delay could mean'that the first batch of Singapore-produced Hepatitis B vaccine could
    411 words
  • Article, Illustration
    Pasar malam comeback proves popular
    408 16  -  By BHAHRIR ARIFF HUNDREDS OF Singaporeans and tourists visited the Singapore Handicraft Centre last evening, many of whom went solely for the "novelty" of pasar ma tarn, There were lots of bargaining, and there was 'live' entertainment too. Everyone seemed to be having fun. The
    408 words
  • Article
    Thatcher flies in on second leg of tour
    468 16 AS BRITISH Prime Minister Mrs Margaret Thatcher flies into Singapore today on the second leg of her six-nation tour of South-east Asia, it has already become apparent that the lady means business on this trip. She is firmly supporting British industry, and
    468 words
  • Article
    Lock icon US$5bn military complex
    71 16 UPI KING FAHD of Saudi Arabia opened a US$5.l billion military complex near the Gulf War front equipped with underground operation centres. The state-run Saudi Press Agency said the complex was designed to accommodate 70,000 military personnel and their families. King Fahd said Saudi Arabia would spare
    UPI  -  71 words
  • Article
    Refinery products boost Singapore's exports to India
    321 16 SINGAPORE's exports to India rose sharply last year, thanks partly to the closure of some Indian refineries for maintenance. Unable to meet its own needs, India had to import refined products from Singapore. The Republic exported $752.5 million worth of petroleum and petroleum
    321 words
  • LATE FILE
    • Article
      Lock icon Rats! They do it again
      48 16 AP RATS have damaged 6,390 hectares of padi fields throughout Malaysia last year, compared with about 640 hectares the previous year, Malaysian Agriculture Minister Anwar Ibrahim said. He said that padi planters had suffered major losses as a result of these pests. AP
      AP  -  48 words
    • Article
      Lock icon Clenched fist protest
      56 16 AP WAVING clenched fists in the air, crewwen aboard a Japanese whaling ship voiced their opposition to the Tokyo government's recent decision to quit whaling. "Long live whaling. Protect our livelihood," shouted the crewmen on the deck of the No 3 Nisshin Mara, moments after the ship
      AP  -  56 words
    • Article
      Lock icon French premier in South Korea
      56 16 Reuter FRENCH Prime Minister Laurent Fabius arrived yesterday for a three-day official visit to South Korea, the first by a French premier. Mr Fabius, who flew in from Singapore, will have talks with President Chun Doo Hwan, Prime Minister Lho Shin-Yong and other ministers on
      Reuter  -  56 words
    • Article
      Lock icon Sudan's promise to Egypt
      46 16 Reuter SUDAN'S new army rulers promised to steer a nonaligned course and maintain "blood ties of common destiny with sister Egypt". The country's main station, Omdourman Radio, broadcast a lenghty message from the government, pledging to uphold Sudan's regional and international commitments.
      Reuter  -  46 words
    • Article
      Lock icon Cheating on taxes
      39 16 AP AUDITORS in China's Hubei province have found more than half the businesses are cheating on their taxes and illegally kept 20.1 million yuan (US$7 million) from the state last year, the Economic Daily said. AP
      AP  -  39 words
  • Article
    Lock icon Asian head at KL Burson-Marsteller
    102 16 Bernama MALAYSIAN CT Hew has taken over as managing director of the Kuala Lumpur office of Bur-son-Marsteller, the world's largest public relations company. Mr Hew, 34, who is also a vice-president with Burson-Mar-steller International, is the first Asian to head a Burson-Mar-steller office. He replaced
    Bernama  -  102 words
  • Article
    Lock icon More refusing S Africa loans
    246 16 UPI A GROWING number of Hanks and financial Institutions, facing mounting pressure from churches and other organisations, are reshaping their lending policies to exclude loans to the South African government. And in a number of cases, the banks are using the occasion of negotiations with
    UPI  -  246 words
  • Article
    Lock icon Asean airlines urged to help promote tourism
    271 16 Bernama NATIONAL flag carriers of Asean member countries have been urged to formulate cooperative tourism programmes that would contribute to the growth of the Asean tourism industry and complement overall efforts by Asean national tourism organisations. The call was made by Asean heads
    Bernama  -  271 words
  • Article
    Lock icon Pentagon demands US$244m
    182 16 UPI FOLLOWING a month-long audit of General Dynamics Corp's expense claims, the Pentagon says it wants US$244 million back that the company improperly billed to taxpayers. Also, Deputy Defence Secretary William Howard Taft disclosed that another 30 of America's major defence contractors are being audited for possible
    UPI  -  182 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      161 16 Britannia offers you a world of investment opportunities The Chartered Bank Building, 6 Battery Road, #14-08, Singapore 0104. Telephone: *****86. ATTENTION AEROSPACE SUPPLIERS AND VENDORS... ATTENTION! AIROD SDN. BHD. the first privatization in Malaysia, is actively soliciting responses from suppliers, vendors and manufacturers of aerospace components, parts, MSP (miscellaneous small
      161 words
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      Page 16 Advertisements Column 2
      282 16 8m Pag« 4 MANAGEMENT DEVELOPMENT PROGRAMME April to June, 1985 Course Course Title Date No. 1. Strategic Tax Planning Apr 18 2. Computer Appreciation for Secretaries Administrative Assistants Apr 22 23 3. Employee Counselling Apr 22-24 4. Maximising Your Computer Investment Apr 24 -26 5. Telephone Techniques Courtesies May 4&
      282 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      52 16 \sMsma Outlook for today: Portly cloudy; showers in the afternoon. Report for 24 hours prior to 7.30pm on April 7 at the airport: Maximum temperature 32.1 Associated humidity 67 Minimum temperature 24.4 Associated humidity 98 Hours of sunshine 3.95 Rainfall in millimetres Trace Rainfall this month 21.5 Rainy days this
      52 words
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  • SHIPPING TIMES
    • Article
      UK operators using 38-tonne lorries
      227 17 FREIGHT lorry operators in the United Kingdom are reaping the rewards of using 38-tonne lorries, but greater benefits are expected if 40-tonners can be used on British roads. The UK Freight Transpert Association said operators who have taken advantage of the 38-tonne weight limit have
      227 words
    • Article
      Orient Overseas Container Line charters ship
      474 17  -  By JUNE LIM ORIENT Overseas Container Line has chartered a small container vessel to meet its feeder requirements. The company has leased the 152-TEU Thai Pallia from Thai Overseas Line, a Thai registered company in which the Tung group has an interests. The West
      474 words
    • Article
      INDEX TO ADVERTISERS
      835 17 1 Col Afeo VI 3 Ahrenkiei Liner V 4 AC Toepfer X s Andeko Shpg VI 1 ANL 1 1 Antoh Orient Line X 2 APC Line V 4 APL M 4 Arrow Lines X 4 ASCL N 1 Astobroker V 5 Atlos Lines X 2 AustosM
      835 words
    • PORT SIDES
      • Article
        Lock icon Shipbuilding permits
        105 17 Reuter JAPAN'S Transport Ministry said it issued shipbuilding permits for 299 ships totalling 9.69 million grt in the year ended March 31, 1985, compared with 633 ships totalling 12.43 million grt a year earlier. The 1984/85 figure included 61 ships totalling 2.48 million grt for Japan owners and
        Reuter  -  105 words
      • Article
        Lock icon IHI-Wartsila tanker
        71 17 Reuter ISHIKAWAJIMA-HARIMA Heavy Industries Co Ltd (IHI) and Finnish shipbuilder Wartsila Oy have designed a 100,000-tonne ice-breaking tanker. An IHI spokesman said the 100,000 tonne-class tanker will help commercialise oil exploration and development in the Arctic Ocean where 50,000/80,000 tonne ice-breaking tankers now operate. The new tankers' ice
        Reuter  -  71 words
    • Article, Illustration
      Desperate state of US building industries
      591 18 "IN COMMON with the shipbuilding industries of most Western nations, that of the United States is in a state of turmoil and confusion, brought on by a precipitious decline in demand in almost every market sector." v This was the opening of the article
      591 words
    • Article
      Lock icon Tampa adopts new marketing strategy for reefer trades
      559 18 Fairplay FIVE years ago, Tampa Florida was king of the frozen chicken trade. Now scarecely a bird moves through the port's vast reefer facilities. The 160,000 ton annual trade has been eaten away by the strong US dollar and subsidised competition from
      Fairplay  -  559 words
    • Article
      SHIPS SALES
      586 18 IN A VERY active demolition sector two 1949-built steam turbine tankers, the Texaco Pennsylvania and the Texaco Kentucky, were purchased by a Taiwanese concern en bloc for about US$l3B per light tons. A Greek buyer is reported to have bought two tankers under Japanese control for further trading,
      586 words
    • Article
      LONDON FREIGHTS
      1703 18 CHARTERING was very subdued ahead of the Easter holiday but scattered ore, coal and grain fixing emerged on Thursday,brokers said. A Japanese charterer paid $11.25 to a vessel withllO.OOO long tons coal fixed from Mobile and Richards Bay toJapan for end April. Australian coal exports included the booking
      1,703 words
    • Article
      Aussie union concerned over yards' future
      204 19  -  By Kingsley Wood THE Australian Council of trade Unions wants an urgent meeting with Federal Ministers covering transport, Industry and defence to discuss issues involving the declining ship construction and repair industry. Unions are becoming increasingly concerned at what is seen as official indifference
      204 words
    • Article, Illustration
      Lock icon Greater growth predicted for HK's throughput
      452 19 Lloyd's List HONGKONG'S total container throughput for last year leapt 14.78 per cent to 2.1 million TEUs, and even greater growth is predicted for this year when it is expected to replace New York as the world's second largest container port. Spokesman (or the
      Lloyd's List  -  452 words
    • Article
      Minister urges Japan to have more joint ventures with Greece
      231 19 THE Greek Merchant Marine Minister has urged Japan to have more Joint ventures with Greece in the shipping and shipbuilding sectors. In a recent trip to Japan, the minister, George Katsifaras, said Greek shipowners had given many orders for newbuildings
      231 words
    • Article
      CONSORTIA
      188 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/Straits Container Line.
      188 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2923 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      2,923 words
    • Article
      CONTAINER SCHEDULES
      785 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Voy Arrival date/time Operator for LCL cargo movement schedule Location Louis Maersk E Genius Monte Ruby Anro Temasek B Angsana Pelopor Lompung Chev Roze Shokawa Maru Tambang VII B Teratai Pegasus P Anson N Dejima
      785 words
    • Article
      Who acts for whom...
      1843 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agen« les 'Si Afro-Earaitla I Jnr Transgroup ISI Ahrenklel Liner Service Kim Shpg <Si Alfred Taepfer Oceanus Shipping Agen i les iSi Marintex Enterprise IPKI Alpac Ini r a sea iSi
      1,843 words
    • Article
      SHIPS IN PORT
      377 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrivol Departure KEPPEL WHARVES Auby Baron Star Belait Kee Expander Kim Soon Li P Taylor Willis Wave Zangsubong C Princess Equator III Kwangchow Lin Petallng K24W K18 K24E K28 K22 K17 K27 K30 K36 K23 K22 K20 SSPL Kim Shpg SSPL
      377 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      454 17 Pubkshmd by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 T4: *****44 A Of the times cxgcm.scii'or mm SINCE August 1982, US shipyards havs racsivsd no nsw ordsrs for commarcial ships.... II HONGKONG'S total containor throughput for last ysar Isapt 14.78 par cant to 2.1 m TEUa....11l
      454 words
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      Page 17 Advertisements Column 2
      321 17 UNITED ARAB SHIPPING CO (SAG) SEALORO SHIPPING AGENCIES TO Way 04 03C Manna Hout* Singapore 070? T#l *****94 C*S otf.ca TPC 03 30 T.I *****31 and *****37 Terminal oWica TPC 03 79 Tal No 7222C90 *****93 xUASC iwivnmi: MTWUVWIM ■ixtWMMMti.wm.w »:■;iw.w.i: >h inmnw ma EXPRESS FULL CONTAINER SERVICE FKOM JAPAN
      321 words
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      Page 17 Advertisements Column 3
      817 17 +;)>]|_<%@)[,/!,|..;)"|::<[;*-@ *r MAERSK LINE XPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA TO I l',-\( IM' (n '1 h ATI ANTH I AST CANADA IM.AMU'OINT •SMGAPORE aOSMG IMS CY 1/4 UOOMIS CfS 7/4 2300 MRS T( i Tip"! lill'M.HOl.l ANDI'K < iF- KM \NY I f- \N< I >(
      817 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      371 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Pacific North Wast Faadar at Tokyo Feader at Koba SP Mrtw fSL LA/IB OAK Motto n »1 WJ to 11 2EELMDM 4/5 9/5 S. BEBHU 5/5 10/5 11/4 SaMDW 4/5 9/5 HYUGA 15/5 IC/5 21/4 P. ARROW 20/5 23/5 TOKTO
      371 words
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      Page 18 Advertisements Column 2
      197 18 -■LP ll 'mall Supercarrier Service rr 4— NUT AWIVAIS BARWR PRIAM 10/4 BARK R HECTOR 17/4. BAffttß TO6A 8/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA t«M Kctptac can* tar Hasten (MLB). S. FradK*. Oakland, Sleetton riSabpiiiL An»etes TO: CARIBBEAN CENTRAL AMERICA CHILE 44 From NEW ZEALAND CONTAINntXXiCHVIC*
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      768 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited rsr STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok B CONTAINFRSHIP SFRVICF TO UK CONTINENT Slm ITtoi •2/5 M/ 5 •7/5 M/ 5 17/5 U/5 23/5 25/5 31/5 «2/f •7/f M/« 17/ C 11/1 24/ C
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      Page 19 Advertisements Column 2
      483 19 Franco Belgian Services F+r Xjj. y*tn+-k \«rrw# wniA Be j%an >ur KatUm Ltns* (Mf MBC R OF AC! CONSORTIUM* MRS CONTMB amn am trm pjojmbu n«m r«M r*M rNm* m 11 Ip Ip) 25 Ip Xlp 2Mm 4 tttj 5 Mar 7 Ha* 17 Apr (IS Apr) I Sly 7
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      571 20 I Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriate to Scandhavia, Med. Carribean IS. America Wand haulage to Mand destinations in Europe S'paie PHebnf Pcnai|leueesßfea« Geneatkuri Rdam Bha»en I Ml 4/4 IC/4 lt/4 10/5 31/4 11/5 Hnkf| Eiftni Hankvf Eiprets Humes Mara Thames Mara C*T at EdM«r(l> car e» EdMwfb Teka Eipress
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      Page 20 Advertisements Column 2
      347 20 Spat P Keiani 1 LtHawt *4am F»t»« Hbw| fcrtwwp KOREAN CHANCE 21N 10/4 8/4) HONGKONG CONTWO 44N 17 4 (15/4) OMENTA! CHEF 43W 24/4 <22 4) OfVUKR HOff 43* 1/5 (29/4) ICPTUNE CRYSTAI 21* 8 5 6 .'5) AISO 10A0MG FOR BREMERHAVEN 30 4 2 5 7/5 9 5 14/5
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      Page 20 Advertisements Column 3
      473 20 AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88. TELEX: RS *****BOOKING: *****56 (DIRECT LINEI LINK BINBAPOIE/BAN6KQK TWICE A WEEK With Reef*, Fa and LCI Container Service Banfkok 13 Apr 16 Apr 20 Apr 27 Apr 4 May Agents: •■gWc Traaapert ft FnigM h—Mli MMrwlaaM Ca. LM 325
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      Page 20 Advertisements Column 4
      629 20 EVERGREEN Full Container Service I Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED./FE) O Round-The-World West Bound Service (FE/W MED./EURO/USEC/CARIB/FE) oa u a v 14/4 17/« Wi 22/4 23/t Wi 17/7 11/7 21/7 23/7 24/7 21/7 43/7 M/ 7 47/7 M/ 7 14/7 IV7 LONMN. 4MIMMIM. MANCHESTER. M6TERDAM M ROTTERDAM UKRPOOL. GLASGOW M
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      Page 20 Advertisements Column 5
      189 20 HSINOSE MARITIME PTE LTD KYOWA COSMOS C/S Accqrt* CwUfcww tar I%cm»m/ LmMu. Suva, hpMte. Pact, Apia. Laa, Rabat! Kiata, P. Moresby, Marmara, Na Lautaka, Suva, Papeete, Pap. Ma. Nauru Smßi Pad* s*j«ct to taJaa i SUN UNION LINE ffTTTT7'« [tSltaiyo marine line WEST AUSTRALIA SERVICE VSI PT K£LANC SPOK PHEOCAIB
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      824 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL HOT A SALAM KOTA JAVA KOTA MUTIARA KOTA BCJATI KOTA RATU KOTA AGUNG VOYAGE HONOK ESS 10-11/4 E-M1 4-5/4 CR/S/SS 12-13/4 E-M3 2S-2S/4 E-S6S 1-2/5 E-M7 7-4/5 HONGKONG SBMAPORE LOADtNO FOR: ADEN,
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      Page 21 Advertisements Column 2
      582 21 BEN LINE CONTAINERS KkJJEBSEN LINE K. NEW ZEALAND SINGAPORE PORT KELANG K lUMPUR PENANG BEN tINi BENDER A BENDER A BENDER A TEL *****44 lEI *****1 TEI *****5 TEL ***** I S.M.S. PRIVATE LIMITED TELEX: ***** SMSPL PORT KELANG PENANG WEEKLY FULL CONTAINER SERVICE S'pore P. Kelong Penong HARVESTER VOY
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      Page 21 Advertisements Column 3
      528 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF V>c»po" EKA JAYA AGENCIES IHephonf A SISAL PTE LTD fl PtNANG .'6? V?? tffmmai ??J6M4 1 «t 414SS? P« jgSSH RORO CONTAINER SERVICE TO FROM AUSTRALIA SPOtt AGENTS: NEPTUNE AGENOES PTE LTD TEL: *****77/27(5434 P KELANG AGENTS: NEPLME SON Btf) TEL: *****7/*****3 Y* APC LINE
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      Page 21 Advertisements Column 4
      578 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loadnf for Rangoon Ptushwefyawyara ¥252 P»fan VB6 Myomaywa VU Pa-an ¥13 S'pore t/10 Apr 22/25 Apr 27/30 Apr 7/10 May BANK LINE •CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG IVYBANK 19 Apr 15 Moy 18 May 21 May CLYDEBANK 5
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      Page 22 Advertisements Column 1
      1378 22 t KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIfIC COAST (iKIidUK DESTINATIONS INLAND via IPI/MICROBRIDGE ft MINILAND BRIDGE) FEEDER/ MOTHER VESSEL SPORE PKLG PENANG STORE T/S PORT LA/IB SCATHE OAKLAND VAN BC PORTLAM) JOHORE BRDGE »42 TONER BRDGE V 35 10 Apr 11 Apr 13 Apr 15 Apr (Kl) 24 Apr
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      Page 22 Advertisements Column 2
      624 22 92 ///f CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading lor lOS ANGMS SAN FRANCISCO SEATTIE. TACOMA VANCOUVER BC Accepting FCI/fCI Containers P Ming Singapore I Angeles BHARATEWU" S/ll May 5 km AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI FCI Containers P Ketang S port 71/22 Apr 2/3 May 4/5 May
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      Page 22 Advertisements Column 3
      570 22 SANKO ASIA FROM JAPAWfSI ROUTS AND HOffOKOMG 1. HAM) KNONG 2 SANKO SCORPIO 3 BULAT 4 SARUNTA I 5 TERM) 6 YAMASUGI MAW) 7 NEW lEAWNG 9/U Apr 13/14 Apr 15/17 Apr 17/19 Apr 21/23 Apr 24/2® Apr P KeUnf Petiint hi Pari/ 9 Apr 12/13 Apr 15/16 Apr 11/19
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      Page 22 Advertisements Column 4
      556 22 INTRASEA (PTE) LTD 10 Anson Road 527 16 InternaTiona' Pia/a Singapore 0207 T e i *****1 1(1 0 Lines* VOIAUAIIIV o BREAKBULK SERVICE TO EUROPE/UK S pare P KdantLoadoif tar:OCEAN NMD *****03 In Port SETE/ANT/ROTT/U.K (AVON) FORT NELSON *****05 27 Apr 30 Apr MOT/ANT/UJ (AVON) Py SEAWOOD AND R.M.Z.l^n S
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      Page 23 Advertisements Column 1
      622 23 NOL NEPTUNE ORIENT LINES LTD I TO EUROPE/UK (VIA SUEZ): K CHANCE 21*+.... HK CONTAINER 44*. 0 CHEF 43W C ROZE 43W N CRYSTAL 29W. MAETERLINCK 6* S'pore P.Ketanj Havre F'stowe H'burf 2/5 4/5 Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ) K CHANCE S pore Closing Times: FCL
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      Page 23 Advertisements Column 2
      419 23 P'*t «|JN'S MPHJNI NCIIS PH lID Irl 77*99// '/***** ißootm(M ???7*>lo ??1?07? lOpmliomt 709 .'B4 il-rnwul! .V ***** ??0.'504 ICI Si Mil »'\l« tI>NU lUNAS SHI* SON BHO HI Irl 414(90 414. 43 PK Ift (89SM PIN lei lf>/3/S 16/4/S r FULLY CONTAINERISED SERVICE TO COLOMBO. ARABIAN GULF, RED SEA.
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      Page 23 Advertisements Column 3
      776 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULMNG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f KELANG M/S SHARftAT NAM SOON SON. BM> IST AND 2ND FLOOR. NO 1 lALAN CEMPENWG PORT KLANG. MALAYSIA
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      Page 24 Advertisements Column 1
      678 24 IM VEB DEUTFRACHT/SEEREEDEREI ROSTOCK IMmim M««p (e«|i«Nial llontniiKT Lines 3 Sailings Weekly T|l Reliable Regular Punctual Berthing P.S.A Mon, Wed Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER I I, FK HK\M 1.1 FT \KKIKH KASMMA MARU LA CONFIANZA KATORI Spore 11/12 Apr 15/17 Apr 22/24 Apr Loadtac far:
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      Page 24 Advertisements Column 2
      45 24 NOTICE NOTICE Notice is hereby given that with immediate effect, General Freight (M) Sdn Bhd are not authorised to transact any business on behalf of, Jauro Container Transport (HK) Ltd or to execute or sign any documents to that effect. JEURO CONTAINER TRANSPORT (HK) LTD
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      Page 24 Miscellaneous Column 1
      145 24 f' mm Ti >5 3 52 v Pi m y X v 0 •<* A SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: rr™ c ******«*»<** R* l Wave height Cloudy Sky C CT'" Wind direction with speed in knots Wave height Sarfaee winds arc Indicated by
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      Page 25 Advertisements Column 1
      77 25 K. LUMPUR 42S0M/*****6/*****1/*****3 P. KELANG *****1/4 TERMMAL 3M3SI/2 PENANG *****/*****/*****/***** P. GUDANG *****3/*****5/*****1/*****0 J. BAHARU 22SSM/22UM/*****5 LEOSHP SPORE *****22 FAR EAST/EUROPE CONTAINER SERVICE rTTTj i.■; iii JEJ tnzjmumnm tttt ktm m m rtirxM ALSO ACCEPTW FOR AUTO*. L. MARIE. UK. BREMEN. COPEMMGEN. OSLO ALSO ACCPTMG FROM EUROPE: ATM. HAM. COT,
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      Page 25 Advertisements Column 2
      260 25 WINDMILL LINE Vmml CMttitonc tar In fart MM*au/Dar«uMm/Owfcw ZMKSM 10 Hard) R* S«j Pwtj MARITIME PTE LTD a Ua 21U79/221SM *****/MM3 GOOI) HARVEST LINKS OCEANFUNG MARINE PTE LTD 140 CfC*. STREET 10-03 P*. BUILOMO tele* w jom omna came aoo ocea^wno Til 2»MII S'PORE LOADING FOR BOMM 12 Apr LBYA
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      Page 25 Advertisements Column 3
      514 25 LIZENA PTE LTD SERVICE TO EAST KMJMNTM (MDOfGM FIAC) PftOMPX SHIPPING LME SL \W4 KOUt MDRMT LIB soma ID REST tfHCM WtTJ niSTOM HMMGNM emu m *>i tmm rowim*. Mtu. POWU COTOMCM LOW LMDS (*t) MBMH. HCTOMR CHMMJ emu l» tt>T KWTOM. SAOTOC. UML MBMH DM* WtMIMWTS WEM CHAHO iWIO
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      Page 26 Advertisements Column 1
      297 26 LUCKY SEAWAY SERVICES 89. Short Street, 10 07 08 Golden Wall Auto Centre, S pore, 0718 Tel *****55 Tlx 2606} STORE TO DM ES SALAAM/MOMBASA EXCELSIOR 1 S PORE TO COLOMBO/MADRAS S'PORE TO EAST t WEST MALAYSIA Vessel FONG SIANG NO 1 FONG SUNG NO 2 PK PNG SABAH 14/4
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      Page 26 Advertisements Column 2
      296 26 WORLD LINE EXPRESS REGULAR SERVICE IAPAN/HONGKOH6/STRAITS ALSO ACCEPTING CARGO TO PO»T KtLANG vessels IBM Al IRC mi* tortfc S Gtn Ajent SPORE ml 3 tm li/i) *122 Apr 14/14 «t mi e*. n m ones (S) pte its #OM4 P KELAMG l*f M/» 14/24 Tel: ***** Tel: *****11 Perl I*n
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      Page 26 Advertisements Column 3
      585 26 1* C.Y. LINE (A Mwnbtr Of Tho ACE Consortium) CHO YANG SHIPPING CO. LTD ftU> CONIMOEED SBWICt TO EUKK (Vl* SUEZ) KoauM CNMC( HONGKONG CONTMU MM onw am tm CKVM.KI MS 4JW Sp«e f Kcianf 11/4 h Pari 17/4 (15/*) 24/4 22/4 1/5 (25/4) later** Maifikn HW| N«" Antwerp 21/4
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      Page 26 Advertisements Column 4
      810 26 W4 a mmpanu pfruana df vaporffs izp w Zk COMPANA PERUANA DE VAPOREES (CJ>.V.) "PERUVIAN STATE LINE" loadN* lot Ca*ao Matafan Ho and an other Penman ports with transhipment it Koto On CPV Ilwoofti Ms ot ladMf to hnal destination KHEWRETT MURRAYEVERETT THOMASEVERETT P. Ktianj 11/12 Apr 20/22 Apr 10/12
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      Page 26 Advertisements Column 5
      397 26 ZIM KM-CONFEKNCE aSOOBOn FULL CONTAMER SERWCE accap vpn to USA East 4 *«l Cftnl Carrfeba* and East Cam* a. wsai WCSSCI a kssei i wssa t KSSQ |Z* T«TO ZIM EILAT CONTAINER LINE Spn EM IriKt* bp* Itaci M ELAT 10 Apt 22 Apr *P> IMn tor IS A* M
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