The Business Times, 7 May 1985
1985-05-07
1
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The Business Times
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Title Section12 1985-05-07 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, MAY 7, I*Bs 60 CENTS12 words
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Article517 1985-05-07 1 ALVIN TAY - Property price fall means less security for financiers By ALVIN TAY CONCERN is growing among finance companies and banks that they might have to give special treatment to doubtful housing loans granted under the Central Provident Fund's property scheme. The decline in property prices seen517 words
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Article402 1985-05-07 1 DR RICHARD HU will take over the Finance and Health portfolios from Dr Tony Tan today. Further changes in portfolios within the Cabinet will take place at the end of the year when several ministers have "completed certain tasks," according to a statement from402 words
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284 1985-05-07 1 ASADUL IQBAL LATIF - By ASADUL IQBAL LATIF SINCE THE founding of the United Nations in 1945, more than 100 countries have gained independence, and the process of decolonisation is almost complete. The only major decolonisation issue that remains incomplete today is that of Namibia, which remains under284 words
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246 1985-05-07 1 AP AFP A BROAD ALLIANCE of Philippines' most nationalistic groups has elected as leaders two hardline opponents of US military bases in the country. Lorenzo Tanada, 86, was voted chairman and Jose Diokno, 63, president of Bayan (Country) at the close ofAP; AFP - 246 words
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Article, Illustration64 1985-05-07 1 TIB Stanam stack Market MM thiMgk aaatfcer Mm litStjriSi* Bttto IV itMiiir rladiK an the •veralgkt Wall Street market held little my aver leeal tavesters» whs asmi te-be distracted 1 TV BT Cempeelte Isdex fell MS mUi teBUI, while the Strain Time* laiaetrUl Mex leet 5.78 pM ft*64 words
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494 1985-05-07 1 AFP CHINA said yesterday that the outcome of the industrial summit in Bonn was not as impressive as had been expected, and that the meeting was marred by a number of political events. Elsewhere in the Asian region, there were mixed reactionsAFP - 494 words
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372 1985-05-07 1 CHUANG PECK MING - By CHUANG PECK MING THE ROLE of Singapore's reservists as the country's front-line troops was not recognised by 46 per cent of those canvassed in an opinion poll recently. The fact that so many were unaware of the importance of the reservists372 words
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181 1985-05-07 1 Reuter SHARE PRICES in Hongkong soared in very active trading yesterday on buying from institutions and small investors. The Hang Seng Index surged 45.63 points to 1,596.43, the highest since Sep 3, 1981, when it closed at 1,517.54. Turnover was HKSS3LO2 million comparedReuter - 181 words
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Page 1 Advertisements
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Advertisement62 1985-05-07 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Protect your office carpet with Permasil trip-proof plastic sheet h Permasil clear plastic sheets protect carpet and increase mobility. Roof leak, floor chipping, wall paint flaking, rust protection? protective coating for industrial application* i H||l;;iihi Siiiitii!: r i. ~:l u For domestic applications Call62 words
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Advertisement263 1985-05-07 1 South Africa MCllit—arms not, Bach riQ< FIFTY Singaporeans kovi OUR VIEW COMPANY NEWS bought at least a week each VVn FLUSHED with cash follower the next 30 years in a President Reagan's yawn just about summed up the Bonn sum- j n g the sale of the company's time-sharing venture263 words
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Advertisement12 1985-05-07 1 FuN report, Paot 19 Asian stocks. Rags 11 hill slocks, tisgs 10 '&<+%_}[`{*?~)-}</~,}-{/'-_>}."12 words
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Advertisement86 1985-05-07 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM I 1 account onTV 24 hours adaY UniView, the banking breakthrough by United Banks, puts your bank account on your personal computer TV screen, letting you call up your current account statement, see your current or savings account balance, pay your bills, check on86 words
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HOME NEWS
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345 1985-05-07 2 SHAHRIR ARIFF - Importing tested legislation not the solution By SHAHRIR ARIFF IT IS NOT SAFE to leave a bottle of soda water in a room where the company's computer System is stored. One company in Europe did, aad lost all its data when a burglar,345 words
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184 1985-05-07 2 A SINGAPOREAN is among some journalists from 10 countries who have been named recipients of the second annual Alfred Friendly Press Fellowships in America. Miss Choo Ai Leng, a former BT reporter and now bureau chief of Asia banking magazine, will join journalists184 words
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166 1985-05-07 2 AMERICAN citizens and residents working overseas who file their 1962 and 1963 income tax returns after July 23 will face a substantial loss of tax benefits. According to the US Foreign Operations District (FOD) of the Internal Revenue Serivce, revised regulations stipulate166 words
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413 1985-05-07 2 LEE HAN SHIH - By LEE HAN SHIH MOUNT Elizabeth Hospital (MEH) is getting ready for Medisave in more ways than one it has bought a computer to cope with new business and headaches that come with the extension of the scheme to private hospitals. The413 words
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Article173 1985-05-07 2 ORDERS worth US$25 million were taken by US companies from the American state of New Jersey who attended Medic Asia *85 in April. The companies also brought back 221 sales leads, according to Interfama, the organiser of the four-day exhibition held at the Hyatt and173 words
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301 1985-05-07 2 THE Civil Aviation Authority of Singapore will pay two contractors 17.7 million to keep Changi Airport terminal h.iii«ting clean over the next two years. The contracts represent renewals for both contractors Ender Cleaning Services and Dynasty Cleaning Services. Ender will clean five301 words
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259 1985-05-07 2 ALMOST A QUARTER of the academic staff at the National University of Singapore are engaged in inter-faculty research, while a further 20 per cent are interested in pursuing such multi-disci-plinary studies, but have yet to find suitable collaborators. Based on these findings, the NUS has259 words
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283 1985-05-07 3 CHUANG PECK MING - By CHUANG PECK MING FINLAND'S largest publicly listed industrial enterprise, Nokia, is fast expanding into Asia with its telecommunication equipment. Nokia's latest success in Singapore is an order from the Singapore Telecoms for 1,000 data modems worth "just under $1 million", said the director283 words
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Article114 1985-05-07 3 JAPANESE technology on inspection is being promoted by the Singapore government to improve local testing standards. Four Japanese experts will dwell at length on the current status and developments of inspection technology and selected non-destructive testing technology in their country. They will do this at a one-day114 words
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Article, Illustration349 1985-05-07 3 THOMAS CHUA BOON LEE, group deputy managing director of Cycle A Carriage Limited, has been elected president of the Asean Mercedes-Benz Distributors' Club at its seventh convention held in Singapore. DANIEL EE has joined Baring Brothers Asia Ltd's Singapore branch as a manager in the new corporate349 words
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165 1985-05-07 3 MORE Information on the pig farming issue may be disclosed when Parliament sits on May 14. The Member for Punggol, Ng Kah Ting, has lined up a long list of questions for the Environment Minister on the issue. Many of the questions have been165 words
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Article, Illustration492 1985-05-07 3 LISA LEE - By LISA LEE FIFTY Singaporeans have bought up at least a week each for the next 30 years in a time-sharing venture in Trengganu's Msloo million Paka Jaya holiday resort. For about $500,000, or about $10,000 each, they can spend a week every year relaxing492 words
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372 1985-05-07 3 SINGAPORE BUS SERVICE will pamper executives with soft music on its first air-conditioned minibus scheme between the East Coast and the Central Business District. The $200,000 SBS scheme will start in June. SBS aims to tap the growing number of commuters seeking a transport alternative372 words
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Page 2 Advertisements
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Advertisement182 1985-05-07 2 COMMUNICATION BRIDGED WITH TN TR4O(S) SMALL BUSINESS SYSTEM THE BEST OF GERMAN TECHNOLOGY IN ADVANCED m COMMUNICATION JP SYSTEMS AT AN AFFORDABLE PRICE TN TR-40(S) is an Ideal small business telephone system that brings you the best in modem office communication. Equipped to handle up to 12 lines and 48182 words
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Advertisement56 1985-05-07 2 In Singapore our faultless service is only matched by our spectacular architecture. THE PAVILION INTER- CONTINENTAL SINGAPORE S JIM ivwAx- <■>' M >• V\\ 1 i' i EJ7 :<l S>: THE ADVANTAGE IS INTER CONTINENTAL 0 INTER-CONTINENTAL HOTELS One Custaden Riwd, Singapore 1024 Phone 71W» Telex: RS ***** SINIHC For56 words
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Page 3 Advertisements
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Advertisement399 1985-05-07 3 WHO SAID COMPANY CARS HAD TO LOOKBORING? This is the familiar sound which usually greets the executive as soon as he begins to talk about his new company car. i Unfortunately when it comes to most company cars, this reaction is as justified as it is predictable. And it's why399 words
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OVERSEAS
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495 1985-05-07 4 NYT AFTER SLOWING in February and March, the US economy began the second quarter on a mixed note, according to a survey. The National Association of Purchasing Management said on Sunday in its latest survey of 250 purchasing managers at major industrial companies thatNYT - 495 words
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155 1985-05-07 4 but American businessmen more confident Reuter IN SPITE OF signs of a slowing economy, US business leaders expressed growing confidence in the economy during the first quarter of 1985, according to a study by the Conference Board, a business oriented research group. The board said its measure of business confidenceReuter - 155 words
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Article113 1985-05-07 4 Bernama MALAYSIAN Foreign Affairs Minister Tengku Ahmad Rithauddeen said yesterday >that he hoped Asean efforts in the economic field would be successful in contributing towards world economic recovery. He told the opening of the fifth Asean standing committee meeting in Kuala Lumpur that the steadyBernama - 113 words
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WORLD IN BRIEF
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Article58 1985-05-07 4 THE US CUSTOMS seryice has released US$l5 million worth of Indonesian textiles exports held up due to a misunderstanding over the use of a new Indonesian export stamp logo, the Indonesian newspaper Kompas said. Trade Ministry director for external trade Atje Wirjaman told the daily that the US58 words
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Article62 1985-05-07 4 THAI MARINES yesterday used artillery barrages to dislodge an estimated 1,000 intruding Vietnamese troops from a mountain-top stronghold in eastern Thailand near the Cambodian border. Governor Thongdum Bara- chuen of Trat province said the marines were continuing an operation begun on the weekend to flush out Vietnamese who62 words
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Article62 1985-05-07 4 JAPAN was seeking the support of Indonesia and other developing countries for its election as a new sixth permanent member of the United Nations Security Council, a special envoy from Japanese Prime Minister Yasuhiro Nakasone said in Jakarta. Masayuki Fujio, policy board chairman of the ruling Liberal Democratic62 words
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Article47 1985-05-07 4 PHILIPPINE Defence Minister Juan Ponce Enrile has vowed to recapture Saturnino Ocampo, the country's lon-gest-held political prisoner until his escape on Sunday, as the military mounted a hunt for him. "He is only on temporarily leave. We will meet him again," Mr Enrile said.47 words
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Article39 1985-05-07 4 Agencies NIGERIA had asked its trading partners for an 18-month moratorium on its trade arrears, military leader MajorGeneral Mohammed Buhari said in an Jajterviewt with the Voice oT America, whidfrwas reported by Lagos Radio at the weekend. AgenciesAgencies - 39 words
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279 1985-05-07 4 AFP THE PHILIPPINES' communist New People's Army (NPA) guerillas might attempt to assassinate government and military officials in Manila by next year, a senior minister said yesterday. Defence Minister Juan Ponce Enrile also implied during a press forum in Manila that USAFP - 279 words
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444 1985-05-07 4 Reuter THE CURRENT restructuring of New Zealand's economy has been long overdue, but the pace of change may be too fast. Economic analysts in Wellington said yesterday that since elections last July, the Labour government had devalued the country's dollar by 20Reuter - 444 words
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Article239 1985-05-07 4 AFP PRESIDENT Reagan was due in Madrid yesterday for an unpopular visit, expected to be dominated by discussions on Spain's membership in Nato and the future of US military bases in the country. Socialist Prime Minister Felipe Gonzalez has said he will call for renegotiationsAFP - 239 words
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216 1985-05-07 4 AFP THE MESSAGE that bigger families are not necessarily happier families is gradually sinking in among China's 800 million farmers. The French-language edition of the official magazine, Peking Review, in its latest edition published the findings of a poll among 370 one-childAFP - 216 words
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Article95 1985-05-07 4 Reuter THE FAILURE of the Bonn economic summit to set a date for global trade talks is likely to fuel support for measures pending in Congress to protect the US market against foreign imports, Labour Secretary William Brock said in an interview. Mr Brock, until' last weekReuter - 95 words
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Article754 1985-05-07 4 Operator ARRIVALS Same* Local From SV PAA MAS MAS MAS MAS MAS RBA SIA CPA OA SIA SIA THAI SiA MAS SIA OA MAS SiA OA SIA GIA SIA OA THAI LUFT SIA THAI SIA KLM CPA MAS MAS MAS SIA SIA SIA QA SIA SWR SiA754 words
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Page 4 Advertisements
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Advertisement255 1985-05-07 4 v l; V- St -'is. s -T" >1 111 'LTONI^. H. »r i r f r V e'T V a? HHSTON INTERNATIONAb If&fffiSgktnr-:-f*". m £1 000 t m Frequent bmness-ttavellers have ahoays appreciated the extras that come with staying at the Hilton. For the more discerning, nothing less than the255 words
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Advertisement7 1985-05-07 4 0 RutAm's^SP :J Easiest Daily to New\brk.7 words
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Page 4 Miscellaneous
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Miscellaneous24 1985-05-07 4 Doonesbury mrraamot somm LOCATION MTU V&BM/S \iou,nopse* kbjhon, m 0 <T 9 its H m §H St M m 1 98& BY GARRY TRUDEAU24 words
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Page 5 Advertisements
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Advertisement321 1985-05-07 5 29 OCBC branches in Singapore... and at well over 110,000 locations worldwide. And will be able to write themselves cash cheques with hotels, airlines and car-rental companies. SSSOO,OOCV- worth of free travel insurance the highest available is theirs without premium whenever they travel by air, land or sea on any321 words
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BANKING AND FINANCE
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Article, Illustration376 1985-05-07 6 AMY BALAN - By AMY BALAN THE Oversea-Chinese Banking Corporation will make available its gold MasterCard to high income earners from today. The gold version, coming four years after the introduction of the regular OCBC MasterCard, is part erf the the bank's aim to make its card376 words
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464 1985-05-07 6 Reuter MONETARY AUTHORITIES In China's pioneering special economic zone at Shenzhen bordering Hoqgkong are pressing for the speedy introduction of a local currency. A senior financial official, however, indicated that reservations by authorities in Bejing may be holding up the plan. "Here,Reuter - 464 words
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356 1985-05-07 6 NYT THE BOARD of the US Federal Deposit Insurance Corporation has voted" to release (or public comment two new means it is considering for controlling risk-taking by banks. Ode would increase the bank capital requirement to 9 per cent, from the current 6 perNYT - 356 words
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165 1985-05-07 6 FT THE STRENGTH of the US dollar boosted France's outstanding foreign debt by 16 per cent last year to 525 billion French francs. The Ministry of Finance disclosed that in dollar terms, however, the volume of gross debt remained stable at US$54 billionFT - 165 words
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398 1985-05-07 6 ALVIN TAY - By ALVIN TAY THE FINANCIAL results of the Singapore branch of Standard Chartered Bank were disappointing last year. Chairman Lord Barber, in his statement published in the group's latest annual report, attributed the poor results to a combination of factors, including the intensely competitive conditions, bad398 words
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MONEY AND EXCHANGES
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Article385 1985-05-07 6 SINGAPORE The US dollar closed mixed yesterday against most major currencies compared with last Friday's New York levels in very quiet early trading. The US dollar eased marginally to 254.55/65 yen from New York's 254.60/70 Friday close, rose to 3.2380/10 marks from 3.2350/70 marks and was little changed385 words
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Article, Illustration289 1985-05-07 6 Asian market ASIAN dollar deposit rates closed easier yesterday compared with last Friday's levels, in quiet trading. Rates were depressed by a lower US federal funds rate and the Fed's arrangement of US$2 billion for customer repurchase agreements when federal funds traded at 8V« per cent. Overnight closed at 8H289 words
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Article228 1985-05-07 6 Interbank rotes at 3pm yesterday: Local dollars to OM iMMt of foreign ■My *ee parity rr US dolor Starling pound Australian dolor NZ dolor Canadian dolor 2 2455 2.6698 2.2465 2.6733 2.8196 7 3469 -20.36 -63 46 1 4921 1.0149 1.6183 1.4950 1.0176 1.6214 3.4286 3 4286 *****228 words
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Article118 1985-05-07 6 THE OVERNIGHT rate on the Singapore interbank money market rose by point from last Friday to close at 5H per cent yesterday. The one, two and threemonth rates remained unchanged. r ■< S$ Interbank rotes at 3pm yesterday: Offw Mid Ovlf r»ght 5 3/8 5 1/4 Hrwoth 5118 words
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Article281 1985-05-07 6 BA Futures JUNE Barsdsllar opened sharply higher yesterday at 91.36 due to bullish fundamentals. Profit-taking could, however, be expected ahead of the huge US Treasury auction this week. The June contract settled at 91.36 after a quiet session because of London holiday. Currency futures lost further grounds after weakBA Futures - 281 words
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Article105 1985-05-07 6 HONGKONG: The metal closed lower yesterday In moderate trading, reflecting the strength of the US dollar. Dealers noted light selling pressure and forecast strong support at $307. Gold ended at $310.20/70 an ounce compared with the previous $312.00/50 close and New York's $313.10/60 finish last Friday. On the local105 words
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Page 6 Advertisements
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Advertisement230 1985-05-07 6 ALLROADS LEAD TO AAAE'SS. SINGAPORE 16-19 MAYI9BS. Come and visit AAAE '85 at the Singapore World Trade Centre. For 4 days, Hall 3 will come alive with all the very latest information and equipment for the automotive and accessories trade. Now in its Bth successful presentation, AAAE 85 will feature230 words
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Advertisement86 1985-05-07 6 In an area where exclusivity is the rule rather than the exception, you'll find The Vantage. A luxurious and lavishly appointed 17-storey condominium tower with 8 apartments. Recently completed, the Showcase residence is now ready for viewing by appointment. Call *****0 between 9am and 6pm from today. T i. Frnh.4J86 words
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RAW MATERIALS
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Article169 1985-05-07 7 SINGAPORE The market closed easier yesterday with May One RSS buyers quoted at 166.00 cents a kg, down 1.75 cents from last Friday's close. The morning market lost one cent on some selling in quiet trading. Prices weakened further in early afternoon trading on continued selling pressure before recovering169 words
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Article268 1985-05-07 7 RAS prices in S cents/kg, FOB in b oles NOON CLOSE Buyers SeHers Beyers Sellers krrt 1 RSS Prompt 167.25 168.25N 166.00 167.00N knt 1 RSS May 85 167.75 168.25 166.00 166.50 Int 1 RSS June 85 167.75 168.25 166.00 166.50 Int 2 RSS 166.50 167.50N 165.50268 words
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Article86 1985-05-07 7 (cwrtiAg, 1-ton pc *•*> MAY* 85 JUNE 85 (currant month) (forward month) NOON NOON RAS f—M jfiitn B«y«n f-M MMfl SSR 20 168.00 170.00N 170.00 172. OON SSR 50 166 00 168.00N 168.00 170.00N MRELB C -M JWfTl Buyers S>tl>n SMR CV ***** 213.00N 213.00 215. OON86 words
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Article93 1985-05-07 7 Chineee Produce Sarawak special black FOB NLW 690.00 Exchange Sarawak Asta block FOB NLW 790.00 (Setters' noon downa pri May 06. S$/100kfl) cas on Lampong black FOB Asta NLW 790.00 Coconut oil Bute FOB 140.00 Coffee Otd drum FOB 153.00 API FOB NSW 570.00 New drum FOB 157.0093 words
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Article213 1985-05-07 7 Singapore Hongkong (S$/Mo, w IB dawn) (HK$ Mr piail. ex-godown unless Frog rant now crop rt0, Ut 0.86 Thoi Frogront 2nd 0.64 100% new crop 3rd New Crop 0.60 1st class 2nd class 19^00 25% no stock 3rd class 192.00 10% no stock 100% old crop, Thoi Br ok213 words
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Article91 1985-05-07 7 THE KLTM price me It cents to MsZ7.Bf per kg yesterday, still befew the ITA fleer-level sf $29.11. The rise was mainly attributed to eentinned bnying by Malaysian and Japanese interests, taking abeat 86 per cent sf the total effertng sf 164 tonnes versns 111 sn Friday. The91 words
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Article85 1985-05-07 7 CRUDE prices for May deliveries in the south and north regions rose Msls to $1,530 and $1,520 a tonne respectively, while June in the south firmed $37.50 to $1,427.50 and north up $35 to $1,420. The refined palm oil market recovered slightly and RBD olein in May was85 words
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Article155 1985-05-07 7 Yarn (hi HK$ per bale of 400 lb) China corded yarn, cones Blue Phoenix 16's 2,550 Blue Phoenix 2C$ 2,700 Blue Phoenix 32's 3,300 Blue Phoenix 4C» 3,650 Girded yarn, honk Blue Phoenix 21 's 2,900 Combed yarn, cones Blue Phoenix 32'* 4,350 Blue Phoenix 40's 4,500 Open-end yam155 words
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Article, Illustration640 1985-05-07 7 Minister defends ITC export controls AFP Bernama MALAYSIA has called for measures to stop surplus tin entering the market to ensure an early balance between demand and supply. Primary Industries Minister Paul Leong told miners in the northern Perak state on SundayAFP; Bernama - 640 words
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425 1985-05-07 7 Reuter AFP INDONESIA is unlikely to leave the International Coffee Agreement since it would stand to lose more than it could gain, in spite of last month's International Coffee Organisation (ICO) council resolution aimed at eliminating lower prices on non-ICO markets, traders said. TheyReuter; AFP - 425 words
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378 1985-05-07 7 Reuter .rn> NIGERIA hat concluded s US$l billion agreement 1 1 Unking sales of it» crude oil to purchase* of good*-' from France. The deal follow* a simi» lar agreement with Bnaflm last year, also Involving ,oj goods and oil worth aReuter - 378 words
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Page 7 Advertisements
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Advertisement375 1985-05-07 7 t CAUTION i If you've an air-conditioning that's ten years old or older you've our sympathy Because loathe it or not you're going to have to live with one of two possibilities. (Or rather impossibilities, as you will soon discover) 1. You can continue to put up with your antiquated375 words
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FEATURES
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Article472 1985-05-07 8 PRESIDENT REAGAN's post-summit yawn was nicely captured by the lenses of the media. Great hopes had been placed on the Bonn summit, but it seems even the most important participant found it hard to stay awake. It was clear that the Presidents and Prime Ministers472 words
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Article931 1985-05-07 8 TERESA LIM - Tan Tjin Koan spearheads fight for US$l5 million from Indonesian government When three private companies took on the Indonesian government in a legal tussle centred on Kartika Plaza Hotel in Jakarta, the World Bank arbitration took four long years. TERESA LIM reports on the case, which is931 words
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517 1985-05-07 8 Reuter IN LESS THAN two months since coming to office, Soviet leader Mikhail Gorbachev has taken rapid hold of the levers of power and laid the groundwork for a programme to shape the country in the closing years of the century. After aReuter - 517 words
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Article, Illustration307 1985-05-07 8 AFP THEY ARE a strange sort of shop, resembling large barns or warehouses, sited beside major American highways. They close early, have no display windows, and are never open on Sundays. But their success is starting to really worry conventional shopkeepers. They are known as "factoryAFP - 307 words
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Page 8 Advertisements
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Advertisement98 1985-05-07 8 Training improves your chances BT every Wednesday VFirst First l Served BRITISH British Airways fly daily one-stop flights to London. We are the first airline to leave Singapore at 10.10pm everyday. And the first to arrive in London by 6.20 am. So that at Heathrow, passengers on British Airways are98 words
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SPORTS
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624 1985-05-07 9 WALTON MORAIS - By WALTON MORAIS ACADEMIC PRESSURE, which has considerably dampened the $150,000 national juniors' tennis programme, has put up another obstacle exams. With that, the arch foe of sport in Singapore has fouled up what promised to be a welcome boost to the programme a624 words
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435 1985-05-07 9 UPI MARTINA NAVRATILOVA played her longest match of the week on Sunday, turning back a stubborn Elise Burgin fr-4, 6-1 to win the US$l5O,OOO Virginia Slims of Houston tennis tournament in Sugarland, Texas. Navratilova, ranked Nol in the world, earned 127,500 with the victoryUPI - 435 words
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Article, Illustration201 1985-05-07 9 Reuter YANNICK NOAH of France recorded two victories in a little more than two hours on Sunday, but still needs one more to gain the draw of the US$615,000 Tournament of Champions which began yesterday at Forest Hills. Noah's two triumphsReuter - 201 words
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849 1985-05-07 9 Agenda THE PROBLEM with real-life fairytales such as Spend a Buck's run from horse-racing obscurity to the fame of a Kentucky Derby victory is that they rarely have an actual close-the-book ending, happy or otherwise. After a few shortAgenda - 849 words
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412 1985-05-07 9 UPI TOM KITE, who entered the tournament mired in the worst slump of his 14-year pro career but finished off a sterling wire-to-wire performance. He shot a 3-under-par 69 on Sunday to win the US$4OO,OOO Mony Tournament of Champions byUPI - 412 words
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Page 9 Miscellaneous
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Miscellaneous1019 1985-05-07 9 HIGHLIGHTS Boulez Now Bpm, CHoimml 12 Pierre Boulez is a major force in contemporary music. He has a music laboratory for new music in Paris which is committed to the expansion and recreation of musical language. This programme looks at Reports, his recent work, which is nothing less than a1,019 words
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Miscellaneous729 1985-05-07 9 Play golf the Sevvy way >' SOME. PLPNERS HAVE TWE LEFT LEG STRAIGHT. > OR VERV NEARLN SO. AT IfAPPCT. BUT "THAT IS NOT WW WPN. AT I HAVE. TWE LEFT KNEE STILL FLEXEP WHILE NN HIPS WEEP TURNING > AWAV FROIA i# THE LINE TO THE/ji TARGET. ALL THIS729 words
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INTERNATIONAL COMPANY STOCKS
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Article, Illustration796 1985-05-07 10 Bid for Dornier a natural broadening of its interests FT DAIMLER-BENZ is one of those elite West German companies that combine a genuine sense of history with sharp business acumen. In its flurry of takeover activity lately, "tradition" is a word that has frequently cropped up.FT - 796 words
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632 1985-05-07 10 NYT THE PRINCIPAL stockholders of United Press International have planned to ask a bankruptcy court in Washington this week to remove top executives of the financially troubled news service. Douglas Ruhe, one of the co-owners, said: "We are going to ask the court toNYT - 632 words
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Article, Illustration475 1985-05-07 10 NYT RUPERT MURDOCH, the Australian publisher who bought a half interest in the 20th Centu-ry-Fox Film Corp in March, is expected to announce that he will buy at least six television stations from Metromedia Inc for about US$1.55 billion. The deal, whichNYT - 475 words
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Page 10 Advertisements
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Advertisement184 1985-05-07 10 42! "MfxttK ia win*. dtae iad gatertiß It #f=P [f% VAROI'.'S I 11 Ml,i tin > t' -iM H»». 4tV TONIGHT U.S. Leg of Lamb The Chef carves at 8.15 pm •very TUesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously184 words
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Advertisement70 1985-05-07 10 R C" ■x** 1&* oiyern r M obuTd K n M e s »4f K S (SZ* *1 iwfc r.Vj X' &y&o*r **3 jTCThe 24-hour coffee house that offers you a superb menu from Western and local dishes to ntyttly Satay and seafood barbeque. Nonya Buffet Lunch also available every70 words
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Advertisement29 1985-05-07 10 oyj<A CMhMbr Topltand 4* i Daily new Busmessmen Lunch at only $IX5O+ Tod*r RXijt Rarmeotier Boded Beef Finnish Style f M -t, t rreSn VCgd3o*€s Hash-Brown Apple 1«t Coflfee/Tee29 words
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Advertisement121 1985-05-07 10 Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet! special business Rinctt at $16 each and $20++ each (mln. 2 persons). Over 50 a la carte specialities are also available. FURAMA SMGAPORE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel:121 words
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Advertisement101 1985-05-07 10 270 Orchard Hoad. Singapore 0923 Ttte WS ***** fICIIOWn. cabte: cnowrmortL. rac: *****15. hh 7321 111 4 Vl 1 W i p Ml |Y|; Brass rails, an etched S*f\. J gla!iS d ome a Klaxed. C| J wjlp V friendly atmosphere, and f I great provincial French cuisine to match101 words
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ASIAN STOCKS
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Article492 1985-05-07 11 HONGKONG: Share prices soared in very active trading yesterday as institutions and small investors alike showed strong buying interest. The Hang Seng Index surged 45.63 points to 1,596.43, the highest since Sep 3,1981, when it closed at 1,597.54. Turnover was HK5531.02 million compared with last Friday's $409.7 million. Brokers492 words
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Article193 1985-05-07 11 MAY M Al Srtcare Mm Aaio Camant HT 2 72 23 30 0.01 -0.1 +0.3 ■0.1 +0.2 Lian Hot Indus Nan Ya Plat Pacific Cons Pacific Elect 12.40 27 00 1760 14.15 unch unch -01 -0.2 Cathay Cor* Chang Hwo Bark 23.30 48 50 1990 Poolung Papar Sharp 1193 words
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Article419 1985-05-07 11 SYDNEY: Share markets closed yesterday at near record levels as News Corp, BHP and banking issues attracted support. News Corp rose Asl.lo to $8.70 on modest turnover on news that Rupert Murdoch planed to purchase the US television interests of Metromedia Inc. At the close, the All Ordinaries Index419 words
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Article61 1985-05-07 11 MAY 06 Won 615 +9 Hyundai Corat Hyundai Motor KAL. 901 541 446 unch -4 1 585 4 670 unch 630 •15 470 +2 482 -8 400 -6 Lucky Ltd 590 4 548 705 -2 487 -1 795 -5 GoldStar 590 +4 1280 +7 HanilBk 640 551 1 ?A*>61 words
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187 1985-05-07 11 Reuter KADER Industrial Co Ltd will make an initial public offering of 93.75 million shares of HK$O.5O each at $1.85 per share. The company said of the shares offered, 75 million of them would be new issues and 18.75 million would be soldReuter - 187 words
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365 1985-05-07 11 Reuter AN INCREASING number of Hongkong and foreign companies are planning interest rate and currency swaps in Hongkong because of favourable interest rates. Banking sources say Hongkong companies are believed to have swapped between HKJSOO million and $800 million last year although itReuter - 365 words
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223 1985-05-07 11 Reuter TRADING in Allied Investors Corp Ltd has been suspended at the company's request ahead of a board meeting to consider a special interim dividend of HK$5.OO per share for the 1965 year, the Hongkong exchanges say. The special interim dividend would replace theReuter - 223 words
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421 1985-05-07 11 THE ASIAN-PACIFIC region is the fastest growing area in the corporate world of Dow Chemical, contributing 10 per cent of last year's worldwide revenue of US$l2 billion. This region's share of revenue could be even higher if Japan opened its doors wider. That was421 words
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Page 11 Advertisements
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Advertisement597 1985-05-07 11 •yV «-y M a I? M r X "TO HSi <#•* s*>» z <*~. <*so vdi k r? MMf ir.2 V/o'hv/, s> (*> PH Lei Pe n irtsuld Ho r^d K r '"T--Ar BVV"- JC* V 5 i New plush interiors which conjure up an entirely different atmosphere. Plus our597 words
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Advertisement75 1985-05-07 11 Savoury Delights Await Yon At L'» fbr reservations col 235 2698 or 734 6622 act 141/144 Luck 11 am-3 pm Diioer: 6pm- 11pm ORCHARD ROAD nfWWfi/.Mnri. Ample Free Paridag !9 Cankfl Qrde aad Valet Service Soppore 0922 W 734 6622 OatsMe CBD M Our Chef s Recommendation: Ps* Fried Deep75 words
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SHARE INFORMATION
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Article, Illustration4123 1985-05-07 12 IT WAS ANOTHER uneventful day on the Singapore stock market yesterday, which continues to lurk in the shadow of a booming Hongkong stock market as a result of investor apathy. A prominent feature of yesterday's trading session was the sudden interest in4,123 words
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Article183 1985-05-07 12 SINGAPORE RteM Indie*# Mar S Ma* 4 DKmmI 830 4-30 rr ***** 704.1* £2 t' 4 SIST 3M5M*tsnna bY«SMg 270 +4 roM s -2M U 0 L 200 4 STMactnab 795 J7 790.09 Cmp 96* +3H 2312J0 2S0771 our 27» +3 stmS3T >14.74 >14.74 HmM 116 +3183 words
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Article2204 1985-05-07 12 BID and offer price* officially listed and business in and reported to tbe Stock Exchange of Singapore yesterday vltb tbe number of shares traded shown In brackets In lots of 1,000 unite unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".2,204 words
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Article222 1985-05-07 12 TIB DEVELOPMENT BANK OP SINGAPORE LID: Seventeenth AGM at the Board Room, 46th Storey, DBS Building, 6 Shenton Way, Singapore 0106 today at 1L00 am. MALAYAN CEMENT BEBBAD: Thirty-fifth AGM at 1st Floor, Wisma Damansara, Jalan Semantan, Damansara Heights, Kuala Lumpur today at noon. BBITOB* AMEBIC AN TOBACCO222 words
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Page 12 Advertisements
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Advertisement10 1985-05-07 12 KL market report and Butin— dona onthaKLSE Baa paga IS10 words
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COMPANY NEWS
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441 1985-05-07 13 MALAYAN UNITED INDUSTRIES Bhd is implementing a series of renovation programmes for its Ming Court chain of hotels around the world. Like many other hotels in Singapore, Ming Court Hotel Ltd is taking advantage of the slack period in the local hotel441 words
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Article, Illustration315 1985-05-07 13 INDUSTRIAL OXYGEN Incorporated is cashing in on the popularity of flatted factories by building a complex costing Ms3o million in Petaling Jaya. The project, to be called 101 Industrial Complex, is a six-storey flatted factory complex on a 0.8-hectare site in Jalaft Kemajuan in Section315 words
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330 1985-05-07 13 SHK Research THE HONGKONG stock market advanced further last week with the Hang Seng Index posting a net gain of 44 points to close at a four-and-a-half-year high of 1,560.8. After a weak opening, the market staged a strong rally on Tuesday in response toSHK Research - 330 words
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Article495 1985-05-07 13 LAST FULL YEAR Company Period Date announced last year Year ending Net EPS (cents) Grots dW Net profit ($*000) Pohong Inv SPK-Sentoso K L Industries Final Final Final Jan 31 Mor 1 Mor 16 Dec 84 Dec 84 Oct 84 3.2 1.5 9.352L 2,768L 2,878 Peek Huo QAF495 words
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Article119 1985-05-07 13 Second B'putro 4.77 4 82 TNrd B'putro 4.13 4.18 Fourth B'putro 4.58 4.63 Fifth B'putro 2 97 3 02 Sixth Bputro 3.01 306 Seventh B'putro (A) 1 84 1.89 Seventh B'putro (B) 3 86 3.91 Eighth B'putro 3 63 3 68 Nnth B'putro 3 00 3 05 Tenth119 words
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221 1985-05-07 13 THE SAFUAN GROUP intends to enhance the prominence of publicly-listed Kesang Holdings Bhd besides diversifying and expanding the latter's activities to ensure long-term stability and growth. This intention was indicated in Safuan's cash offer document on its general offer for the rest of the221 words
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103 1985-05-07 13 ALLIED INVESTORS Corp Ltd has recommended a special interim cash dividend of HK$5 per share for the year ending Dec 31, 1985. The special dividend will replace the originally-proposed 55-cent final dividend for 1984 if it is approved by shareholders at a general meeting on103 words
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Article, Illustration724 1985-05-07 13 FT AYALA INTERNATIONAL, headed by Mr Enrique Zobel, and Merrill Lynch, the largest broking house in the US, have set up a joint venture company, based in Singapore, to offer a wide range of financial services to clients in the Asia-Pacific. The coming togetherFT - 724 words
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Article429 1985-05-07 13 THE KUALA LUMPUR stock market put on another lethargic performance yesterday with share prices finishing on an easier note. Interest centred on special situation stocks and many actively-traded issues recorded marginal losses. The market opened little changed from its previous close and thereafter drifted429 words
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Article1951 1985-05-07 13 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 lota of IX*» units unless otherwise specified. NXJSTRMLS A Choc (2.006 2.015) (5) 202 (10)2.00 (5)2.01 AMO1,951 words
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346 1985-05-07 15 KIO raises stake in Cycle Carriage THE KUWAIT Investment Office has raised its stake again in Cycle Carriage Ltd, this time by one million shares following recent strategic acquisitions of shares in the motor company by a new and prominent party. With the latest purchase of 1.02 million shares in346 words
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Article63 1985-05-07 15 PILECON ENGINEERING Bhd: Group pre-tax profits of Mslo.BB million ($8.37 million) on turnover of $133.27 million ($45.42 million) for the year ended Dec 31, 1984. After tax and minorities, earnings came to $5.16 million ($4.45 million). The company is recommending a first and final dividend of 15 per63 words
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Article1483 1985-05-07 15 Currant povmewt Ex date Books close Dote payable Total for the year Total for lost year AIM A 1 S A Enterprises Acmo Ajinomoto Ambassador Amol Steel Amcoi Asiatic Dev BAT B Roya Bote Bousteod C C C 1 Holdings C K Ton? C Properties City Dev CKuon1,483 words
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299 1985-05-07 15 INNOVEST Bhd has taken an equity interest in Wembley Activated Clay Sdn Bhd, a manufacturer of activated bleaching earth. Innovest is paying Ms 3 million for six million Wembley shares of 50 cents each at par. Wembley's product is used as an absorbent299 words
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Article139 1985-05-07 15 THE Capital Issues Committee has approved ladastrial Oxygea lac's acquisition of the entire issued and paid-up capital of Syarikat Pukin T-ariang Kelapa Sawit Sdn Bhd for M$43.2 million to be satisfied by the issue of 43.2 million new shares at H par. BENA (Holdings) Sda Bhd says that139 words
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507 1985-05-07 15 CHAN OI CHEE - By CHAN OI CHEE THE NEW OWNERS of Parkway Holdings Ltd are wasting little time in getting the company moving. Flush with cash following the sale of the company's glass-making operations, Parkway formerly Singapore Glass (1974) Ltd is making its first major acquisition507 words
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Article, Illustration726 1985-05-07 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN FOLLOWING last year's record loss of $14.4 million before tax, Straits Steamship is determined to make a convincing comeback this year. Chairman Sim Kee Boon states in the latest annual report and accounts that "shareholders can be confident of a return to profitability726 words
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Article45 1985-05-07 15 Company BONUS ISSUE Grond Central Thre*-fof-two Ex-date: May 14 Book Close May 21 Selangor Oredg Five-fof-two Sub-division of 1 par into two shares of 50 cents each Ex-date: May 14 Books dose: May 24 Yaohan 0.3-for-one Ex-date: May 15 Books dose: May 2045 words
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Article122 1985-05-07 15 Company RIGHTS ISSUE Ganda Hldgs One-for-four fe at 1.00 per share George Town Two-for-one <& $1.00 per shore KiHinghoH Two-for-five $1.15 per share Landmarks Hldgs One-for-four fe $1 00 per shore O U B One-for-five fe $2.50 per share Peak Hua Three-for-two fe $1.50 per shore Sub-diviston of122 words
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Article460 1985-05-07 15 THE Melewar group is taking over a controlling stake in Malaysian American Assurance from American International Assurance. MAA said yesterday that an agreement in principle had been reached for the Melewar group of companies to buy AlA's 3.6 million shares or 60 per cent460 words
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Page 13 Advertisements
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Advertisement9 1985-05-07 13 The Heagkeag weekly market report wm delayed la traae-9 words
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Advertisement263 1985-05-07 13 I. I 1. COMPANIES, ACT, CAP. 181 AND (PMHt to Mm MOM) At an Extraordinary General Meeting of the company held at 140 Robinson Road #03-08, Chow Houae, Singapore 0106 on SO April 1888, the following Special Resolution was passed: It was RESOLVED: "That Dantas Private Limited be wound up263 words
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Page 14 Advertisements
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Advertisement1387 1985-05-07 14 r MALAYSIA BORNEO FINANCE CORPORATION (N) BERHAD MBf BALANCE SHEET As at 30th September. 1984 1983 NOTE ASSETS Cash, bank balances and money at call Deposits with financial institutions Negotiable certificates of deposit Bankers' acceptances Malaysian Government Securities, at cost 70,153,821 50,221,255 174,921,971 5,000*00 51,791,082 38£12£81 23,360,400 31,602,750 *****8,153 iWW1,387 words
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Page 15 Advertisements
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Advertisement6 1985-05-07 15 Managers must manage... BT every Monday6 words
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Advertisement127 1985-05-07 15 COMPUTERS CANT SOLVE ALL YOUR WRITING PROBLEMS Computers can't kelp you write If you don't know WHAT to say and HOW to •ay it. Poor writing skills hurt companies and employees. Customers aren't sold wken tkey could be. Employees are denied promotions because they can't write well enougk to meet127 words
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526 1985-05-07 16 BOEY KIT YIN - Rush to build up stocks in earlier part of year By BOEY KIT YIN DOMESTIC EXPORTS of electronic products surged 25 per cent to reach a high of $8.4 billion last year because of a worldwide rush to build up large inventories in the526 words
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257 1985-05-07 16 THE DATUK Dr Neo Yee Pan faction in the MCA has made another attempt to stop the extraordinary general meeting which the Tan Koon Swan group wants to hold on May 12. A notice of motion was filed yesterday in257 words
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371 1985-05-07 16 PENG AILIAN - By PENG AILIAN SEVEN in ten international meetings in Singapore last year were held in the top five convention hotels. This represents a significant increase in their share from four in ten in 1963. In all, more than 87 per cent of the371 words
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246 1985-05-07 16 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has assured Sabah that the federal government will continue to extend assistance to the state as it did when Berjaya was the ruling party. Sabah Chief Minister and Parti Bersatu Sabah (PBS) president Datuk Joseph PairinBernama - 246 words
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142 1985-05-07 16 Bernama MALAYSIA'S Industrial Master Plan (IMP), now being drawn up with the help of the United Nations Development Programme (UNDP), will be submitted to the government by the end of next month. The UNDP regional representative for Malaysia, Yoon-Yul Kim, said the UNDPBernama - 142 words
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Article355 1985-05-07 16 THE SOUTH African regime has escalated the arms race, both by strengthening its own production capabilities and, through cooperation with and purchases from other manufacturing centres in the industrialised world, encouraging the expansion of the weapons industry worldwide. This is in defiance of the consensus355 words
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127 1985-05-07 16 AP CHINA'S Communist Party is building a large memorial hall to honour the late (resident Liu Shao-Chi, the most prominent victim of the 1966-76 Cultural Revolution, who was jailed by Mao Zedong on charges that he wanted to restore capitalism. The state-run ChinaAP - 127 words
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330 1985-05-07 16 AP INDIAN Prime Minister Rajiv Gandhi's ruling Congress Party has pledged its commitment to socialism, rejecting speculation that the new Indian leader was taking a capitalist approach in the country's economic policy. A resolution adopted at the close of the party's two-day councilAP - 330 words
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Article104 1985-05-07 16 AFP THE INDIAN government is not currently considering freezing the assets of Union Carbide India. The Minister of State for Industry and Company Affairs, Arif Mohammad Khan, said this in reply to a parliamentary question concerning the multinational company's wish to close its Bhopal plant.AFP - 104 words
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471 1985-05-07 16 LOH HUI YIN - By LOH HUI YIN IN SPITE OF the recent discount on rentals given by the Jurong Town Corporation on industrial land and factories, the corporation is expected to face difficulty finding tenants for a number of its new industrial estates, which471 words
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287 1985-05-07 16 AFP AP A HIGH-LEVEL Japanese delegation told President Suharto yesterday that Japan would try to mn<n»»in Indonesia's share of the Japanese oil market. Delegation leader Masayuki Fujio said after an hour-long meeting in Jakarta with President Suharto: "I will convene aAFP; AP - 287 words
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Article64 1985-05-07 16 Reuter THE STOCK market edged higher in early trading yesterday, with investors watching for signs of a follow-through to Friday's modest gain. The Dow Jones average was up a fraction to 1247 on turnover of 9.96 million shares. Advances led declines by a narrow margin. Atlantic RichfieldReuter - 64 words
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LATE FILE
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57 1985-05-07 16 AP THE PRESIDENTS of Pakistan and Burma yesterday called for the withdrawal of Vietnamese forces from Cambodia as an essential step towards a permanent political solution in that country. This was stated in a Joint communique issued at the end of a three-day visit to RangoonAP - 57 words
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Article52 1985-05-07 16 AP MR CHRIS Hurford, Australian Immigration Ethnic Affairs Minister, held talks in Kuala Lumpur yesterday with Foreign Minister Tengku *hm«H Rithauddeen on the Vietnamese refugee situation. Mr Rithauddeen said after the talks that Vietnam should improve its economy to help prevent the outflow of boatAP - 52 words
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Article43 1985-05-07 16 UPI KUWAIT'S Justice Minister, Mr Salman Dual] al-Sabah, resigned on Sunday, two days before he was to face a confidence vote in Parliament over charges that his 14-year-old son had benefited from a stock market crash in 1962. UPIUPI - 43 words
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42 1985-05-07 16 Reuter SEPARATIST Tamil guerillas destroyed a government office in Ski Lanka's eastern province with explosives on Sunday. Police said no casualties were reported but the building at Kalmunai, about 40km from the provincial capital, Batticaloa, was completely wrecked.Reuter - 42 words
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Article63 1985-05-07 16 Reuter A DEFAMATION action by Australian Prime Minister Bob Hawke against the publishers of Time magazine was settled in the Supreme Court at Sydney yesterday on terms which were not disclosed. Mr Hawke alleged that he had been defamed in an article published in August 1983,Reuter - 63 words
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Article36 1985-05-07 16 Reuter SOUTH African police and troops sealed off a riot-torn-Black township in the troubled eastern Cape. Deputy Defence Minister Adriaan Vlok said Kwanobuhle had been cordoned off and police were manning roadblocks.Reuter - 36 words
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Article34 1985-05-07 16 Bernama A TRADE mission from the US state of lowa will arrive in Kuala Lumpur on Friday for a six-day visit to explore business opportunities with Malaysian entrepreneurs.Bernama - 34 words
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35 1985-05-07 16 Reuter JAPAN is to give Indonesia 725 million yen (US$2.B million) to computerise the official news agency Antara. The money will be used for a computerised news switching and editing system.Reuter - 35 words
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Page 16 Advertisements
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Advertisement84 1985-05-07 16 T~ i j*g& r/f For t*t dhcw*n >whn and busy 1 mcuim who Inaleton gmatsr wwuvon ■fICI n®XwWljj W0 OTlvf f VwXI AiTwilC®# tnowiouai uivt!, ntxiM iwi9Ciry ano ouraiion. And a choice of; Executive or Economy class. 5 major U.S. and Canadian gateways Honolulu, Los Angeles, San Francisco, Seattle and84 words
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Advertisement90 1985-05-07 16 For over 150 years Rothschilds have been advising individuals on their investments. Take advantage of that expertise. \HM* rtfouo r S Ol^ and^ 0 Personal investment management is an important part of Rothschild's business. We provide a prudent and active management for clients with assets of a minimum of $500,000.90 words
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Page 16 Miscellaneous
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Miscellaneous37 1985-05-07 16 wMKm UiiiaiiiiiU Report for 24 hours prior to Maximum temperature 32.4 Associated humidity 65 Minimum temperature 24.5 Associated humidity 94 Hours of sunshine 7.00 Rainfall in millimetres 0.3 Rainfoll this month 1.4 Rainy days this month 337 words
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SHIPPING TIMES
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PORT SIDES
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Article54 1985-05-07 17 AP CHINA AND France signed two agreement on transportation cooperation on Saturday, Qiina s official news agency Xinhua reported Paul Guiles, French Minister of-Urbanipn, Housing and Transport,and Chinese Communications Minister Qian Yong Chang ments. CMm and France also agreed to cooperate in the management of waterways and shiplocks.AP - 54 words
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Article56 1985-05-07 17 Reuter THE AUSTRALIAN and New Zwiand/Eastern Shipping Conference East Asia section said it is raising the currency adjustment factor for Hongkong to Australia to 39.14 percent from 33J9. Ttie new rate will take effect on May 18 for shipments to West Australia and on May 28 for shipmentsReuter - 56 words
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Article68 1985-05-07 17 Reuter SHIPPING IS returning to normal in Papua New Guinea ports as a cargo backlog created by a strike last week is cleared, shipping industry sources said. A MWay strike by more than 1,000 members of the waterside workers and seamen s union ended last week afterReuter - 68 words
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Article, Illustration417 1985-05-07 17 G DURAIRAJ - NOL may change agency in Malaysia By G DURAIRAJ NEPTUNE ORIENT Lines's review at representation at major trading areas has included Malaysia. It is understood that the Singapore niiHwuii line will change its agency in Malaysia soon. The move is aimed primarily at strengthening NOL's417 words
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Article176 1985-05-07 17 Reuter ABOUT 20 ships have been held up in Sydney and the number could double in three days unless industrial disputes with Australian waterside unions are resolved, port officials said. The Seamen's Union of Australia (SUA) imposed an indefinite national ban on Friday on theReuter - 176 words
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Article62 1985-05-07 17 INDONESIA may Join the Londonbased International Maritime Satellite Organisation (Inmarsat), the Jakarta Post quoted Inmarsat executives as saying. M The daily said Inmarsat officials visiting In*—*la to attend a communications exhibition noted that Indonesia is a pioneer in domestic satellite systems. They said Indonesia would have62 words
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Article63 1985-05-07 17 Fairplay THE phoenix in the Salen story, Cool Carriers, has launched a monthly service (or refrigerated cargoes between North Europe and the Red Sea and the Gulf. The 232,000 cubic feet Swmn has commenced loading, calling at the t ports of Esbjerg, Eemshaven, Brest, Lorlent andFairplay - 63 words
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554 1985-05-07 18 AFP ARCTIC explorer Janusz Kurbiel left France for Canada to complete preparations for a new assault on the north-west passage that could lead to its high-summer use by oil and gas tankers. The Polish-born explorer's own ship, setting out from Vancouver on Canada'sAFP - 554 words
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285 1985-05-07 18 Fairplay GLOBTIK Tankers Limited has accepted a US$l million out-of-court settlement offered through the London insurance market for an outstanding claim on its 54,000-ton tanker Narnian Sea which sustained damage resulting from main engine vibrations between 1979 and 1963. The vessel was launched aboutFairplay - 285 words
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263 1985-05-07 18 SOME OF the world's most prominent freight industry leaders will meet at the International World Freight conference in England to persuade the industry that freight should be raised immediately to the boardroom level. Freight can now absorb as much as 20 per cent263 words
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Article111 1985-05-07 18 THREE PEOPLE were suffocated and three injured when fire broke out on a British ship unloading coal in the southern Taiwan Port of Kaohsiung, police said. A senior police officer said that one of those killed in the fire aboard the bulk carrier Sir Alexander111 words
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Article632 1985-05-07 18 Af«o Andaka Shpg AM APC Una APL ASCL Awobrokar Auttowo Lrve Boh-Orient Bangkok Com Bonk Una Baytwatar Shpg BBS Ban Una Bloa Star Burma Frva Star Cameroon Shpg CCM Caytan Shpg Chargaurt Rauna Chorg Hovrooa Chno Nov China Ocaan Convoy* t Cormorant Diakarta Lloyd Dongnama Shpg Dowo632 words
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Article1868 1985-05-07 18 BUSINESS was slow on the London Shipping freights market on Friday ahead of the long British Bank Holiday weekend. Most of the short list of reported fixtures involved time-charter employment. But slight weakening was evident in the US Gulf-Rot-terdam grain rate when Krohn secured the Bright at USUI1,868 words
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243 1985-05-07 19 THE THAI government should consider the views r of the private sector before constructing deep-sea ports l lest they might not be fully utilised. The suggestion came :.from Mr Olarn Asavaritthikul, president of the Lighter-owners Associated. He cited the case of 34million243 words
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370 1985-05-07 19 Lloyd's List A LEADING US expert on bankruptcy and maritime law has warned that financially shaky international shipping operations will not be allowed to reorganise themselves rather than be liquidated. There is no international structure offering shipowners protection from creditors as found inLloyd's List - 370 words
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Article121 1985-05-07 19 THE FOUR companies which own parts of the Norwegian Hoegh fleet have entered into a refinancing agreement with the Bank of America, Citibank and Morgan Guaranty to maintain sufficient liquidity in th coming years. The newbuilding programme over recent years has proved an increased burden for121 words
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Article184 1985-05-07 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd184 words
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126 1985-05-07 19 THAILAND'S first maritime transportation bill has been approved by the Judicial Council. It will now go before the Cabinet for consideration, said Mr Kamol Sonthikaettrin, secretary-general of the Office of Commercial Navigation Promotion Committee. Among other things, the bill proposed that: The time limit126 words
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251 1985-05-07 19 IN A BID to stem losses, Safmarine and Bank Line have joined forces to operate in the US-South Africa trade. If their space chartering pact is approved by the US Federal Maritime Commission, the companies hope to achieve a "better than251 words
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Article187 1985-05-07 19 Sea trade Week THE DECISION by the US Maritime Administration earlier last month to permit American President Lines to acquire three subsidiaries of the Falcon Carriers Group along with their authority has drawn fire from Sea-Land Services. Sea-Land filed a petition with the Secretary of TransportationSea trade Week - 187 words
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5465 1985-05-07 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.5,465 words
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Article658 1985-05-07 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location Sextum 04/471 07.5.85 2300 Horper F2 0930-1100 B6 E Trust 019E 07.5.85 2300 G Asia F2 0900-1100 P4 Anson *****N 07.5.85 2359 Heap Seng F7658 words
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Article1777 1985-05-07 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B APE A African Shipping Agencies <Si Alra-EamU Uw Transgroup (Si AkreakiH timer Service Kim Shpg ISI Alfred C Teepfer Oceania Shipping Agen cies (Si Marintex Enterprise (PKi Alpar Intrasea (S) Bintang Shpg IKLI Island1,777 words
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Article482 1985-05-07 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Alpha Jupiter K36 Str Tptn alongside 7.5.85/0800 Belalt K25W SSPL alongside 7.5.85/0600 Bontegracht K17 Or Lloyd alongside 7.5.85/1200 Katoria K10 S'pore Shp alongside 7.5.85/1830 Liheng K19 J Manners alongside 7.5.85/2300 R'bow Volans K27 Sharp alongside 7.5.85/1500 Tomoe482 words
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Article264 1985-05-07 26 AFP ENQUIRY was spasmodic on the tanker market last week, due to holidays in Europe and the Far East, with the only significant loading activity being noted out of West Africa and the North Sea. Despite further attacks on neutral shipping in the Gulf states area, several fixturesAFP - 264 words
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Article656 1985-05-07 26 TWO 57,372 long dwt tankers, the 1977-built Alvega and the 1978-built Saliaa, were purchased by Norwegian buyers (or about US$7.5 million each. The sellers are understood to be talcing back the vessels on timecharter (or 3 years at $8,000 daily (or first year, $8,500 (or second year and656 words
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Page 17 Advertisements
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Advertisement363 1985-05-07 17 Fore»9 n t*chon9 e TIMES BOOKS international Time# Centre 1 New Industry Road Spore 1053 T«fc *****44 AmwrM cW* tew a»gon«<*wn 556.50 Each ■iNffJPIE ARCTIC explorer, Jonusz Kurbiel left France to complete preparations for o now assoult on the famous nortn-west passage. A LEADING US expert has warned tH daily363 words
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Advertisement190 1985-05-07 17 UNITED ARAB SHIPPING CO (SAG) uUASC ■""1' "'i". Sf At ORD SHIPPING A GE NC IF S SH«nton Mtty [4 OJf Cf S r»H.r#» tpc 03 ir T* ??2 .'H »"(1 %-T) nj»i TPC 0? T#»' No ????«<*) ??***** nUCMTMKI i KOM .1 \l'\\ I \IW W KO\<. MB M190 words
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Advertisement416 1985-05-07 17 MfBSUF +ZT ftMPMMQCOMPAN MAERSK LINE I. 1-" M/S 14-11/* 14-14/5 17-11/5 23-21/5 24-25/5 34-0/5 111/* 44/4 74/1 13-11/1 14-15/1 l-t 1 LL—Jl+—Mi MA 14-11/5 11-11/5 17-11/5 23-23/5 24-25/5 140/5 34/5-1/4 •4/1 7-4/4 13-13/4 14-15/4 aoos ncs cr u/s n« «crs 12/5 p; T T T-1F irr —IL 21/5 124/5 27/5416 words
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Page 18 Advertisements
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Advertisement242 1985-05-07 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Also accepting LCL Cargo tor USA Ports only. *1/511 ru/sa la/sa *0/522 ikMiINM tt l» I toe ka, MSi II L 6**% Mpw. m*. NtwO. f-iNiB. CmfciNißto, 1. 6 Ikg* A|«nts: Trwrli Tra*| (M) S* M Pan Asia Line: ltd. CONTAMER SERVICE242 words
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Advertisement85 1985-05-07 18 s 11 —J_—-4 1.1 ■t. Supercamer Service Il■l 1 F KIT MHMLS4MKI TOM 12/5 MKI TNM 17/5. IMKR MM 27/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA i: *T r* a 3 rrr From NEW ZEALAND To NEW ZEALAND NORTHANS KJWSK'SS t£'i2JS 0 mm BARBER WILHELMSEN AGENCIES PTC.85 words
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Page 19 Advertisements
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Advertisement616 1985-05-07 19 The Straits Steamship Group occ Overseas Containers Limited CONTAINERSHIP S£RVICE 10 UK 'CONTINENT rpm pjmmi 12/5 14/5 H/S a/5 an ws M/I M/t U/( 13/fi M/f 22/* 27/1 29/4 M/ 7 M/ 7 11/7 13/7 2»/7 22/7 31/5 12/1 •7/C M/t 17/ C 19/ C 24/1 2S/C •2/7 M/ 7616 words
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Advertisement439 1985-05-07 19 MV "SOIC I" DWT 7998 LOGGER BUILT 1973 DERRICK 4 x 20T. OPEN SINGAPORE 7-14 TH MAY 1985 Franco Services r«, r MIMHIHOf ACt CONSORTIUMi mnmnanmm rn pjßMu«n*n mm n »r a a UN aikr) Jtm IMM 22 (Slv)llti U HM. 2f Mr (27Mr)17te U H Mr rtaW IncMi dtgt439 words
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Page 20 Advertisements
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Advertisement394 1985-05-07 20 Hapag-Lloyd exports TO CONIINENT UK On carriaf* to Scandnavia. Mad. Canftaan ft S. *mt taHjafa t» Wwd dwtertow la Europe 16/6 fjara n*** f—(ln»nl>i» Cm OK IS 13/5 "/5 15/5 QhaE*rm Cowwctmt Hob* Connactot Uosixwt t C Also accept** cart# tor ATUMTK I GU.F POBTS m a* US MD-WEST by394 words
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Advertisement167 1985-05-07 20 ItG. LINE 10*1 *»<##'•« .«»»»»*'/<>• FULLY CONTAINERISED SE R V ICE 10 EUROPf Vl* Sl*/ I *"*>" ,hf cf Comoftw fROM HWOPI Vl* sm/ M>fno>f o* th<> >!. orio»+ium j CMM CONT WO 29. KOKAN CHANCf IU HOMGKONS CQNTMBI 4C FUL L V CONUIHRISfD 10 NORIH »Mt RIC*W(SIU)ANI P i167 words
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Advertisement194 1985-05-07 20 THONG SOON MENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88. TELEX: US ***** BOOKING: *****56 (DIRECT LINE) LINK SINBAPtIE/BANBKBK TWICE A WEEK NNfi Rttfar, FCL and La Containar Santea 325 S.PM Bldg, Silom fld, T4: *****93/5 SIN CHIAO SHIPPING AGENCY PTE LTD rf CHm m*«. #1M» warm194 words
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Advertisement564 1985-05-07 20 r EVERGREEN fjii Container Service Round-The-World East Bound Service (FE/C ARIB/USEC/EURO/FE) SGP HKC KSS 116 IV 09 TTO UN CM MTC Ml MS FU Ml AM LM UM-fOKHMD/EVEI (LOK J/5 11/5 15/5 24/5 »/5 21/5 14/4 14/4 14/4 14/4 a/4 a/4 1/7 2/7 4/7 m lamimr rwi orns 12/5 a/s564 words
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Advertisement146 1985-05-07 20 US i NOSE MARITIME PTE LTD P7lf\l ISLAMIC REPUBLIC OF IRAN SHIPPING LINES TTTTTriTPnTT "Br tttfv */5 KYOWA LINE TO PAPUA NSW GUINEA/ SOUTH PACIFIC COSMOS 11/5 Iqppwa, Vamh. LM. PJkmkf, KMs. IWi NMMi.L«Wu.S«ra OCEANA QUEEN 7/1 tonpr*. LMWU. Sm. Sprite, fm, SUN UNION LINE TAIYO MARINE LINE WBST AUSTRALIA146 words
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Page 21 Advertisements
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Advertisement596 1985-05-07 21 V\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 EAST AFRICA/REDSEA SERVICES v r'r "n '< li'gi'iri iQ 1• v t r 'i yrmr K ARACHI/M.E. GULF SERVICES CHI KOTA WUAYA e-14/e i 17-ao/t COLOMBO/CHITTAGONG/RANGOON SERVICES VOYAGE RANGOON •-11/5 BANGKOK DIRECT SERVICES INDONESIA SERVICES KOTA596 words
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Advertisement574 1985-05-07 21 BENZINE CONTAINERS ax EXPRESS CONTJUNER 12/5 14/5 a/5 a/s a/s jt/i VI 11/1 11/ l a/i 22/1 •Mm Mm 27/1 a/I OH 4/7 |/7 MM Ejprva 11/7 13/7 7/9 l/l 11/ l 12/1 1«/| 17/® 15/4 21/4 22/4 24/4 a/i 2i/i a/i 1/7 1/7 4/7 V 7 7/7 1/7 «/7574 words
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Advertisement434 1985-05-07 21 DJAKARTA LLOYD INP< tNF SI AN MAI i !Mf :TTT7I mm ma—l MK ummm m srm J2J2L— a/t v/ i/s j/J w/» Ti m/* U2 >«/5 11/5 2J/S 21/5 21/5 2S/5 1/| j/f t/| HULvIL'JZjLtt; Mm* ■UVMCI RINi Ai VIVVFJI ocu* raw »im U-14/5 n/t a/4 a/a i w 1434 words
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Advertisement369 1985-05-07 21 BOUSTEAD SHIPPING AGENCIES pi-m nm M HKG/JAPAN BURMA FIVE STAR (Bumwu National Line) Loidbn for Rangoon Spar* PJUMof Pm l/tlfcj 14/15 May 14/11 Hty U a/22 May BANK LINE z*ur: SPORE rDAM HULL HMBG CLYDEBANK InPort 2 Jwn 6 Jun 9 Jim TAUSALA SAMOA 26 Moy 21 Jun 29 Jun369 words
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Page 22 Advertisements
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Advertisement992 1985-05-07 22 CUADOR/PERU/CHILE oa m nono vo* rw BMK MT 12) MABITSA SAIWTIS WIK 3Mm 5 May 7 lb} K LINE —KAWASAKI KISEN KAISHA, LTD.— smbe mem guayaqulcauao mica W» tttmih mmomo Valparaiso S May 24 Miy 23 M 2t tai IM J* 7 CENTRAL AMERICA/CARIBBEAN SEA mm a Mono v& «w992 words
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Advertisement441 1985-05-07 22 CAUFORNW/PAOFIC NORTH WEST SERVICE EXPRESS CONTAHER/REEFER/BULK SERVICE loa**t tor LOS ANGIUS SMI FRMCISCO SEATTLE. TACOMA VAMCOUKR IC AccwtMi Fa/Fa Cootamefj 1/9 Mit 5 tot AUSTRALIA EXPRESS CONTAMER SERVICE Acctpbnt Fa/fa CoMjimh pin«« I'm Frai Mato SyM RAVDAS 9/10 M*t 10/11 Mar 31 May 22 May 21 Mm AM RAMOAS 2i/2t441 words
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Advertisement340 1985-05-07 22 SANKD ASIA FROM JAPAN* S€ POMTS ANO MONOKOHC 1. U—OW VOLMS C* 1-27/7 2 MHBRV 9 10 Mar 60T0NC ROTONG 13/14 Ma? 4 FWUZMU mm 13/15 Ma? 5. TRBMTt 19/21 May DEL SANTIAGO 21/23 May 24/2 C May FJMaat */l May 11/12 May 15/ It May 14/17 May 22/23 May340 words
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Advertisement339 1985-05-07 22 BREAKBUIK SERVICE TO EUROPE/UK rpn f Kill Hilltoil i i* Ron/am/iu. (mo» ftdKLOl L WTII Ilk! MmHhm/MWCW 1 P.T PERUSAHAAK PELAYARAN KALIMANTAN DHECT WEEKLY SERVICE TO JAKARTA fenal CTA/FTO DBTMTDN NAGA XXXXI fey 7/15 11/11 May Mwte/CMa NAGA DO 9ay 11/15 13/14 May Murta/CMa NAGA 8008 fey l/tt 19/29 May339 words
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Page 23 Advertisements
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Advertisement502 1985-05-07 23 snirrtniu iimm, iucwwj, i—»j FAR EAST/EUROP€ FULLY CONTAINERISED SERVICE i*»«c, TO EUROPE/UK (VIA SUEZ): S'pere P-Ketone N CRYSTAL 29W+ j.l C PAUL 44W C CONTAIO 30W Also accepting cargo to/from Scandinavia N CRYSTAL S'pore Closing Times: FCL Cargo 0230 8/5 LCI Cargo 1430 7/5 FROM EUROPE (VIA SUEZ) K MCEM502 words
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Advertisement448 1985-05-07 23 PI U/5 I 15/5 iV 5 M/ 5 VI 7/1 14/4 14/1 ft* i/VH U Dwfill S/N a/5 27/5 4/4 14/4 24/4 Nit li'N» »I,IN' l»S V:♦ I '[> U. H'-W MM U H.I I :::".10 .vi.'ft.v .«h»" -4H \""VKI 1-t.nm.l •1M) "ill! MS; U! 1 t>« I UNAS St448 words
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Advertisement395 1985-05-07 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Marfcet Street Sin|apore 0104 Telephone Numbers *****3 (15 Unrs) Cable Address SMSOV SMGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHNtKAT NAM SOON SDN 80. IST AND 2ND FLOOR. NO 1. JALAN CEMPtMNG. PORT KIANG MALAYSIA395 words
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Page 24 Advertisements
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Advertisement340 1985-05-07 24 !)'<*<|ional Container Lines 4 Sailings weekly con Fast Reliable Regular Punctual Berthing PSA Tue, Thur Sat A Sun HINOOE KISEN CO. LTD II 1 K Ml W 1 I.ll*l < \KKII K Ui. I—Tin— 4/m kM W* »Itoj 10 fcy 4tm $tm NXMI i/m 3tm 4tm 4tm Itm 2 M340 words
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Page 24 Miscellaneous
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Miscellaneous160 1985-05-07 24 r Regional Weather V ■vXx V *v *A 1 V" *s s W if J£2 r 4 I I SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7.30 AM. THIS MORNING. V* Wind direction with speed in knots Wove height LEGFNO: 5 Thunderstofm T H>e«d in knots V Shower rj ee Roin160 words
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Page 25 Advertisements
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Advertisement48 1985-05-07 25 FAR EAST 'EUROPE CONTAINER SERVICE IiTT rcr-mnmcM !< ■nrrrp EJI rri [2Ji rj| CUB rnnTTMnrwy ieskzi: i, ■□MCZJ; KDimci CD mmnmzn EUSEEBED nmtimwn giDMiaiEMigßuaaßED EIIMMMMgjFTirTTI ZZE E3* E3H C2EI EMI ZZZZ* EH C* EH I *4a STRAITS/TAIWAN/JAPAN CONTAINER SERVICE PENINSULAR SABAH/SARAWAK/BRUNEI SERVICES ummrm rr n nrmmm r irr-> ur48 words
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Advertisement23 1985-05-07 25 PHILITRON FORWARDING PTE LTD HI .2 38r>22 'HllNfS H I >, kS P» ill I 11/5. IVS MA S/5 11/S l.ll> uL T; —r™i23 words
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Advertisement180 1985-05-07 25 LICORNE M=-- W.HW Scan Dutch To Europe (Med/UK/NC Scan) ft M II I j' I ACCEPTMa/SMUNG To Red Sea Mediterranean Beta* SM B fatw 6/6 From Europe FEEOER P. KELANQ HOMO KONG From Red Sea/Med. Also Accepting To: From: (I) Barcelona, Genoa, Bdboo, Leghorn Valencia (2) Amsterdam, Antwerp, LeHavre, Basle,180 words
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Page 26 Advertisements
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Advertisement259 1985-05-07 26 MitsciOSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S NO C d NEDLLOYO MOJI 16 May Mombasa. AFRICA MARU 24 May Port Louis, Rsunion EVERDAWN 4 Jun Mombasa. Dareesaiaam. Tanga NEDLLOYD MADRAS 7 May Apapa. Monrovia. Attdjan, Lorn*. Oouata. Tama CONTINENTAL PARTNERS 14 May Abid|an. Monrovia. Lome. Apapa. Douata. Tama OSAKA MARU* 13 May259 words
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