The Business Times, 5 June 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, JUNE 5, 1185 60 CENTS
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  • 481 1  -  Televised parliamentary proceedings not impressive By FOO CHOY PENG SENIOR SINGAPORE politicians are following the example of British Prime Minister Margaret Thatcher, her predecessor Edward Heath and US President Ronald Reagan, in employing professionals to help them polish up their public speaking and television
    481 words
  • 381 1 A LEADING trade unionist has joined the National Wages Council in its call to restrain salary increases for executives this year. Mr Goh Chee Wee, National Trades Union Congress assistant secretary-general, said wage restraint all round was necessary in view of the uncertain economic
    381 words
  • 479 1  -  By CHAN OI CHEE AFTER nearly six months of deliberation, Pan-Electric Industries' $77 million deal to acquire the Adelphi Hotel complex has been called off. No reasons were given for the termination of what had been an agreement in principle to
    479 words
  • Article, Illustration
    79 1 WITH kardly any freak and positive leads to ignite baying Interest, share prices continued to msve downwards on the Singapore stock market yesterday. Volatile was this at SJI million units and losers led advances 115 to 18 at the end of the day. Most of tke stock prices
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  • 437 1  -  By LOH HUI YIN THE MARKET for chemical and process plant equipment in Asean will be worth $56 billion over the next five years. Demand for the equipment will come from 209 projects, representing about 20 per cent of the total process
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  • 240 1 UPI DIRECTORS of major central banks said yesterday that there was no likelihood of a sweeping overhaul of the global monetary system and agreed that fixing currency exchange rates worldwide would be impossible. They saw no need for a major meeting
    UPI  -  240 words
  • 476 1  -  By YAP BOH HOON FEARS of a shake-out in the air cargo industry have led a number of airlines to request the International Air Transport Association to review the financial standing of 40 accredited agencies in Singapore. The action follows the
    476 words
  • Page 1 Advertisements
    • 153 1 OA FOR SUCCESSFUL OFFICE AUTOMATION H SEE HOY CHAN GROUP StnflWtW *****62/4 K.L. Wt 03-*****0 Pwnfl I*: 04-*****6 Ipoft: m: 05-*****6 Win tie up your capital Rent special equipment from Thorn. 45" Projection Screen j (Multiple System) For audio-visual presentations at seminars, conferences, training classes. $400/ daily. Auto Rewind Video
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    • 263 1 SHARE INFORMATION DOONESBURY MONEY EXCHANGES TRAINING CROSSWORDS RAW MATERIALS THE Asian region could become a battleground for supremacy, and even possibly for survival, in the travellers cheque market of the future, says the group managing director of Thomas Cook. Page 3 OPEC oil ministers hove decided in talks to bring
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    • 6 1 Illusions about China's potential, Paga 5 `%<.\;?<`~/?}~'`{$]|=$:=~^}-<|:
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    • 168 1 'BALLY of S^Kzaiiind SoteAgant t.O.Parr««ft Missing shares mystery THE MYSTERY of the missing shares in Neptune Orient Lines could be solved today. For unless buyers of what could be millions of shares in the shipping company come forward to register their names, their dividend is in jeopardy. Hock Lock Siew
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  • HOME NEWS
    • 248 2  -  By BWARAN KAPUR THE ULTIMATE target in occupational safety and health (OSH) in industries must be a zero accident rate. This was stated by Mrs Yu-Foo Yee Shoon, vice-president of the National Trades Union Congress, when she opened the OSH Promotion (1965) campaign yesterday at
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    • 171 2 THE Vocational and Industrial Training Board will be reviewing the manpower needs in the 1990s through surveys of both government and private sectors. This feedback will be needed for the board's report on the relevance of its courses in meeting the type of sinus training
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    • 96 2 A SPECIAL delegation representing the Los Angeles Area Chamber of Commerce arrived in Singapore on Sunday for a five-day visit to promote friendship, exchange and trade. The 19-member delegation is led by chamber chairman of the board David Anderson and president Ray Remy. The delegation, which
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    • 183 2 SEVERAL "are* groups" have been formed in the metal and woodworking industries to implement the aims of the Occupational Safety and Health Promotion (1965) campaign mors successfully. Each group, which consists of a number of factories in the same area, identifies common issues of
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    • 424 3 RICHARD ANG has been promoted to vice-president of Bank of America's Singapore branch. He will be responsible for credit and marketing activities in the shipping, high-technolo-gy, energy and chemical industries. Mr Ang joined the bank in 1975. He left in 1978 for Australia, where he graduated with
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    • 471 3  -  By SOH TIANG KENG Financial Correspondent THE ASIAN region could become a battleground for supremacy, and even possibly for survival, in the travellers cheque market of the future. This was the forecast of Mr Michael Brocksom, group managing director of Thomas Cook Financial
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    • 340 3  -  By LISA LEE THE PROBLEMS in the Singapore rag trade have not deterred Heshe Fashions from setting up its biggest store covering 837 sq m at the Marina Square shopping complex and opening another outlet at the Far East Plaza shopping
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    • 81 3 A SINGAPORE manufacturer of edible oil products has donated 100,000 bottles of vegetable oil to flood victims of Bangladesh. Devon Industries has decided to produce 100,000 bottles of Rupchanda vegetable oil, worth about $220,000, for the victims' families. Devon Industries had been doing business with
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    • 254 3 ICL SINGAPORE, one of the biggest systems suppliers in Singapore, yesterday appointed Hock Seng Computer Co Pte Ltd as the distributor and software agent for its range of small business systems under its Trader Point scheme. The contract signed between Mr Noel Hon,
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  • Page 2 Advertisements
    • 347 2 At sixes and sevens about using personal computers? We've got the solutions.... Olivetti Personal Computer Solutions Exhibition- Seminar Shangri-La Hotel (Hibiscus Orchid Room) Junesth~7th 10.00am~7.00pm Free Admission A m If yours is a small business that is ready to take that all-important step towards computerization; or a big business looking
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    • 41 2 L A Maxim's De Paris proudly announces their elegant gastronomic dinner menu at 5542.00-\- -1-. This five course dining experience is Singapore's most varied French menu. THI PAVILION INTER* CONTINENTAL FREE PARKING. SI NGAPORE 1 Cuscaden Road Stngaporr 1024. Tel: *****88
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  • Page 3 Advertisements
    • 286 3 ROUND THE mr SggSjil mm 4 Wtllß MIIIUII ITH (1 AAA WORTH 9 IjVvv OF BENEFITS For the price of a normal SIA economy-class 'Round-the-Worid ticket, Harpers offers an exclusive premium package worth nearly Sslooo at no extra cost Choose any of these Premium Offers:The Romantic Rhine 3-day Europa-cJass cruise
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    • 147 3 SOUTHPOINT AN ENVIRONMENT YOU CAN IDENTIFY WITH Q A company involved with international business must project the right identity. A good address and a fine-looking office building create a valuable first impression. Large corporations need efficient, well-serviced office space. Southpoint has 16,000 sq ft (1486 m 2) on every floor,
      147 words

  • OVERSEAS
    • 460 4 AP PRIME MINISTER Margaret Thatcher's Conservative government is proposing the biggest shake-up in Britain's welfare state since the cherished but costly social security system was introduced by a Labour government 40 years ago. The proposals would affect the way government help is given
      AP  -  460 words
    • 209 4 AP THE TWO major non-commu-nist Cambodian resistance groups have merged their military operations in order to improve their combat efficiency against the Vietnamese in Cambodia. The Radio of the Joint Resistance said yesterday that the merger went into effect in late May after discussions
      AP  -  209 words
    • 95 4 AP CHINESE PREMIER Zhao Ziyang, in civilian clothes, inspecting a guard of honour of the Grenadier Guards in the courtyard of the Foreign Office in London on Monday. He received a full ceremonial welcome normally accorded to visiting heads of state and met British
      AP  -  95 words
    • 220 4 Reuter THE AUSTRALIAN government has issued a white paper on tax reform, outlining plans for taxes on capital gains, fringe benefits, and gold and oil industry income. Treasurer Paul Keating said the government wanted a broadened tax base, with personal income
      Reuter  -  220 words
    • 205 4 Reuter THE Secretary-General of the United Nations, Javier Perez de Cue liar, has warned of growing difficulties in international cooperation and called on the UN Security Council to be more effective in defusing potential conflicts. "There is an increasing tendency to question the rules, instruments
      Reuter  -  205 words
    • 164 4 AP PRIME MINISTER Shimon Perec said on Monday he was ready to negotiate peace with with King Hussein "right away", but opposed prior talks between the Jordanian ruler and the US. Mr Peres told an audience of 1,000 at Jerusalem's Hebrew University that his coalition
      AP  -  164 words
    • 152 4 Reuter NEW ZEALAND'S economy will stay flat in the short term but mediumterm prospects show sustained growth, according to forecasts by the Reserve Bank. Its predictions suggest growth of zero to one per cent in the current fiscal year ending March 1986, compared with
      Reuter  -  152 words
    • 752 4 ARRIVALS Operator Sarvico Local from number tima PAA PA2I 0020 LAX/TYO/HKG UTA UT3559 0150 NOU CAL CJ010 0815 JED/DHA MAS MH681 0820 KUL KAL KE624 0840 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH81I 0940 PEN RBA BM2I 1000 BWN SIA SQl 03 1005
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    • 296 5 AFP THE AMERICAN economy is likely to resume growth at a respectable rate and its trade deficit is unlikely to worsen severely, says the president of the Federal Reserve Bank of New York. US demand has held up in spite of a drop in
      AFP  -  296 words
    • 101 5 SHOPPING for an alarm dock? If you are, perhaps this littlo gadget might bo of intsrosf. Called tha Cuckoo Egg. this Faberge Imperial Egg it ia actually a table clock will bo auctioned at Sotheby's in New York on June 11. The egg waa
      AP photo  -  101 words
    • 209 5 Bernama DATUK SERI Dr Mahathir Mohamad's warning on Monday against holding too many illusions about the China market has found some solid backing at the International Monetary Conference in Hongkong. This is in spite of the notion that the sober warning might sound
      Bernama  -  209 words
    • 175 5 AFP ONE PERSON was killed and four others injured yesterday when an explosion took place near a coffee shop in the outskirts of Kota Kinabalu, capital of the East Malaysian state of Sabah. The explosion occurred in Tan Jung Aru, about five km from Kota Kinabalu
      AFP  -  175 words
    • 572 6 Reuter OPEC oil ministers have decided in talks to bring forward a key session of the 13-member organisation amid signs of impatience from big producers with countries violating output quotas. It is understood that talks in the Saudi resort town of Taif were dominated
      Reuter  -  572 words
    • WORLD IN BRIEF
      • 51 6 GENERAL Dynamics has paid a U*****,283 fine to the US Navy for giving questionable gifts to Admiral Hyman Rickover, the Pentagon announced. America's third largest defence contractor, which has also been accused of making unauthorised military contract charges, sent the cheque to Navy Secretary John Lehman last
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      • 58 6 NINE prisoners escaped from jail in central Philippines but five were captured within a few hours, police reported yesterday. The inmates sawed through the bars of their cell in a jail near Cebu City on Monday. One was picked up while boarding a ferry and four were found
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      • 68 6 THE US has offered to allow the import of an extra quota of European Community steel pipes and tubes but still wants new community steel impart limits from next January. Sources said External Relations Commissioner Willy de Clercq returned from weekend talks in Washington with a US offer
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      • 66 6 A RETIRED US Navy hero, described as the closest friend of accused Soviet spy John Walker, has become the fourth man arrested in an espionage conspiracy based in the world's largest naval base. Jeriy Alfred Whitworth, 45, a communications expert who was decorated for his Vietnam duty
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      • 59 6 CANCER is now the number one killer in north-east China's heavily industrialised Llaoning province, accounting for 25 per cent of all deaths last year. The China Dally said on Tuesday that the most dramatic increase was in the capital of Shenyang, which suffered a 106 per
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      • 89 6 NATIONAL Semiconductor Corp said it planned to lay off some 1,300 workers in the US and Europe because of continued depression in the semiconductor industry. The company also said it had cancelled its proposed semiconductor wafer fabrication facility near Portland, Oregon. The layoffs will be completed within the
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      • 77 6 BANKRUPT car magnate John Delorean, who was acquitted by a US court last year of cocaine trafficking, is trying to get back into luxury car manufacturing. Delorean, 60, told the Los Angeles Times-Examiner that he had been working for six months on a project to start turning out
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      • 48 6 Agencies AMNESTY International, the London-based human rights organisation, has made an urgent appeal for international action to save 35 Indonesian political prisoners from execution. The appeal was made on Monday at the opening of a conference in The Hague of the 13-nation Inter-Govern-mental Group on Indonesia.
        Agencies  -  48 words
    • 231 6 Reuter PRESIDENT Ronald Reagan will take account of allied views in deciding whether to scrap the unratified Salt n arms limitation treaty with the Soviet Union, a senior US official said. The Nato allies are expected to urge continuation of the present
      Reuter  -  231 words
    • 227 6 UPI GREEK President Christos Sartzetakis yesterday summoned Prime Minister Andreas Papandreou to a meeting at which he was expected to accept the socialist leader's resignation and ask him to form a new government. The session was scheduled a day after computer projections confirmed a victory for Mr
      UPI  -  227 words
    • 471 6 NYT HONGKONG apparel makers are examining alternatives to adjust to a tighter textile import rule imposed during the past .year by the US. The so-called country-of-origin rule was designed to close gaps in the Multifibre Arrangement, an international treaty governing more than
      NYT  -  471 words
    • 109 6 Reuter GRUMMAN Corp will give the US navy full credit on three spare parts an ashtray, a horizontal stabiliser elevator ground lock and a socket tool for an ejection seat. The company said: "If further items of this nature are discovered, the company will propose that
      Reuter  -  109 words
    • 134 6 APP PRESIDENT Ronald Reagan does not need new powert to protect US industry against "targeting" by Japan or any. other foreign country, said the General Accounting Office, the investigative arm of the US Congress, The office, in a report to Secretary of
      APP  -  134 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 57 4 Doonesbury m DUB TO A RECENT RELAXATION OF CULTURAL AmORfTY,CLASS£S SUCH ASTMSARB ONCE AGAIN POSSIBLEIURGE YOU 10 MAKETHEMOSTOF THIS fmnCUM UPSWING OF THE H PENDULUM V m V I AM A*****8P TOOfff BY COMRADE HUAN, UJHOUMLL BE SJRJKJNG THE mJZTATE-APPKm? P0565. F YOU Will GO 70 YOUR.EASELS, UECAN BEGIN. READY,
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  • Page 5 Advertisements
    • 282 5 THE \ANTAGE OK >I iIU A I KO\|) i SI I I §J3l V!i a 11 r HI 3 ■OHM Wtti pi: V? ;j K <: J": •> v > v y/.- "V f9BS9fl i" v\ "i- .>.. -r- A*v r A 4"' V- |3 r- ■>. x v vS&ss>V
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  • Page 6 Advertisements
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  • TRAINING & DEVELOPMENT
    • 696 7 Seminars and courses DURATION June IIDec 31 June 13-14 4 June 15-16 June 17-18 June 20-23 June 21 June 27-28 June 27-29 June 29-30 June 31 July I July 1-19 July 4 July 5 July 5Aug 3 July 8-9 t' July 8-12 July 15-19 July 17 TITLE Manufacturing Engineering
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    • 589 7  -  Telecoms on look-out for more human resource officers By LUCY NG TELECOMS is enlarging its pool of human relations officers in preparation for the third phase of its human resource development (HRD) programme starting next year. The six-phase programme, spread over a 10-year period, follows the
      589 words
    • 251 7 THE Information system of the Vocational and Industrial Training Board has become fully integrated with the establishment of a computer centre. The centre, at the VITB headquarters, is equipped with an IBM mainframe computer, 45 visual display units, 15 printers and other machinery.
      251 words
  • Page 7 Advertisements
    • 155 7 DAI-ICHI HOTEL The Excellence of International Standards. The Charms of Traditional Servioe. If traditional service and complete facilities make a difference to you, then stay at the Dai-ichi Hotel (Singapore). Travellers and guests wi discover restful comfort in our 420 luxuriously furnished guestrooms which command a panoramic view of Singapore's
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    • 293 7 And Newlbrk. There's no more convenient or faster way to get to San Francisco or New York than iTI on our Special Performance 7475. They fly higher and smoother than any other ill 1 commercial aircraft, which means you get a more comfortable flight. And /UMI from San Francisco and
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  • Page 8 Advertisements
    • 317 8 Introducing Micro World" Services From Bank of America The Next Generation of Electronic Banking. Micro World Services are the newest member of our electronic banking family. They're already successful in the United States, Europe, and Australia. Now there are Micro World Services designed especially for Asia. And they're from Bank
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  • BANKING AND FINANCE
    • 721 9 SINGAPORE The US dollar yesterday closed narrowly mixed againlt most major currencies compared with New York levels in quiet trading, dealers said. The US unit closed slightly higher at 249.10/20 yen compared with 248.50/60 in New York on Monday and at 2.5610/25 Swiss francs against 2.5560/90 francs in
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    • Article, Illustration
      286 9 Asian market ASIAN dollar deposit rates yesterday closed steady around opening lewis in quiet trading, dealers said. The market opened between 1/16 and H point lower than Friday's dose on expectations of a further art in US discount rat* ia the light of wash economic data. Thereafter, rates ware little
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    • 117 9 THE OVERNIGHT rate on the Singapore interbank money market rose by point from Saturday to close at 4% per cent yesterday. The one and threemonth term rates, however, fell by 'A-point each, while the two-month rate fen by 1/1« point. S$ Inter bonk rates at 3pm yesterday: Offer
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    • 171 9 Interbank rates at 3pm yesterday: Local Mian to OM naif of foreign am+*cy: poM f woo portly US dolor Storing pound Amtroeon dolor NZ dolor Canodtan dolor 2.2120 2.8413 1.4643 0.9942 1.6151 2.2130 2.8470 1.4672 0.9969 1.6170 2.8196 7.3469 ***** 3.4286 3.4206 •21.55 •61.33 -57.29 -71.00 -5X78 Locol
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    • 313 9 EURODOLLAR futures jrsstsrday gappsd sharply higher over the long weekend holidays doe to hulltah rnncM uicptb m. Trading, was however, cautious at the opening with light profit-taking resulting from the overbought level. The September contract finally settled at the day's low of tLM. FX futures also opened rtiarpty higher
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    • 135 9 HONGKONG: The metal yesterday cloasd ■lightly low in fairly quiet trading on moderate overseas selling preawre. It doaed at USs3lf.lO/« an ounce compared with $316.70/317 JO at its opwihg and a $317 JO/TO close here on Monday. Gold hers ten HKftl to dose at $2JB a tahfl. KiHgerrand lost
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    • 401 9  -  By AMY BALAN THE STRATEGY of wooing customers by providing more sophisticated information services was taken a stage further in Singapore yesterday when the Bank of America unveiled another electronic hanking product tor its corporate customers. BoA's Micro World service essentially allows corporate
      401 words
    • 119 9 Reuter JAKE BUTCHER, once Tennessee's leading banker and a former candidate tor governor, was sentenced to X) years' Jail tor fraud in one of the worst bank failures in US history. Judge William Thomas on Mnwhy ha»wWH down the maximum possible sentence under a
      Reuter  -  119 words
    • 343 9 Reuter THE US may approve an unprecedented World Bank plan to guarantee repayment of SOine hflnk loans to Chile, a move likely to ensure new bank loans to the country. US treasury officials said yesterday the Treasury, which had Initially opposed
      Reuter  -  343 words
  • Page 9 Advertisements
    • 125 9 Calling all printers! ASIAPRINT '85 has the answer to your needs. JUNE 20-23 WORLD TRADE CENTRE SINGAPORE South Asia's 4th International Exhibition of Printing, Graphic Arts Equipment Supplies Time: 12 8 pm (20 22 June) 10 am 6 pm (23 June) For invitation, contact Sponsor INTERFAMA PTE LTD Tet: *****12
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    • 438 9 1 UNMATCHED FEATURES' UNRIVALLED PRICE 1 Great Savings for your Scnooi Holidays Only $1995:::;™" Free 14_ Cubic RGB-' Colour Monitor worth S5O Free User Course Free Cub>c User Group f'rst 3 months subscript Free delivery anc inclination Offer from June 5 16 Another Creative Technology's first-in-Singapore product The CSM-1 Smart
      438 words

  • FEATURES
    • 506 10 THE WORLD would have outgrown that quaint concept a holy war had it not been so convenient: in mobilising lukewarm citizens, defending aggression, condoning greed and glamourising self-destruction. As it is, nobody has ever fought an unholy war: every soldier and mercenary has imagined God on
      506 words
    • 1343 10  -  Europe's car industry undergoes a realignment to cope with competition By JOHN TAGLIABUE NYT VOLKSWAGENWERK AG, the West German car giant, is negotiating to build all its Polo subcompacts in Pamplona, Spain. To the south, near Saragossa, General Motors Corp makes Opel Corsas; it concentrates motor production
      NYT  -  1,343 words
  • Page 10 Advertisements
    • 59 10 -W" 1 r. During June, July and August, Nova Bluthal will be playing the piano and singing a sophisticated repertoire of ballads and blues for the pleasure of patrons of the Peacock Bar. WHERE ELSE BUT THE SHANGRI-LA Shangri-La hotel SINGAPORE Shangri-La Hotel, Orange Grove Road, Singapore 1025. Tel: 737
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  • Page 10 Miscellaneous
    • 883 10 to zm booo® CHANNEL 5 2.30 PM SBC Text "Live" 5 3.00 Opeiftif and Proframme Mnpte Pafos I-l ngiefmS 101- by Youth (Mandarin) 3.55 Musical Interlude Excerpts from Eveninf at Pops 4.05 The Richard Simmons Show 4.25 Lome Greene's New Wdomess Heart of a Lion 4.50 Sesame Street 5.45 Powerhouse
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  • SPORTS
    • 532 11  -  By WALTON MORAIS THE REPUBLIC is hoping the Korean connection will again -boost its chances in the SEA "Games' tennis competition. In preparation for the December Games in Bangkok, the Singapore Lawn Tennis Association has turned to the South Koreans to help train
      532 words
    • 384 11 AP HANA Mandlikova's dream of repeating her 1981 French Open triumph evaporated in the Parisian sunshine on Monday as she was knocked out of this year's USf2.2-million championships at .the quarter-final stage. But Jimmy Connors was still gunning for his first-ever French final after
      AP  -  384 words
    • 375 11 AFP SLIP ANCHOR will start hot favourite (or the English Derby at Epsom, southern England, today. Although the race has not been a lucky one for his Jockey American Steve Cauthen or trainer, Henry Cecil, Slip Anchor, a 9-4 shot, can end the
      AFP  -  375 words
    • 710 11 UPI SAN FRANCISCO Giants owner Horace Stoneham accompanied Walter O'Malley's Dodgers out west after the 1967 season and had no regrets for a decade. In 1968, the Giants played in 22,900seat Seal Stadium and drew 1,272,625 fans, nearly twice the number of fans
      UPI  -  710 words
    • 491 11 UPI LARRY BIRD is widely recognised as the best player in the US National Basketball Association, and on Monday the league made it official for the second consecutive year by •nnnnnHwg that the Boston Celtics' forward has been named the regular season
      UPI  -  491 words
    • 212 11 AP THE Japanese developer of an 18-hole golf course near Beijing's sacred Ming tombs took out a page advertisement on Monday in the China Daily, inviting individual and corporate memberships costing up to 15 million yen (U5557,962). "This is a once-in-a-lifetime opportunity to Join the limited
      AP  -  212 words
  • Page 11 Advertisements
    • 245 11 THE WORLD IS BUYING INDIAN-MADE AND REALISING ENHANCED PROFTTS! India exports engineering goods worth US$l2OO million annually Major export markets are S.E. Asia. USA, USSR, West Germany. UK, Middle East and African countries. Exports Steel to the Soviet Union. Computer Software Exports to USA and USSR. Exports tractors to Africa
      245 words
  • Page 11 Miscellaneous
    • 638 11 CRYPTIC PUZZLE ACROSS 1 Opportunity to go on the tele, perhaps? (5) 6 Robertas pile? (5) 9 WherS, in Canada, two men have one article (7) 10 Taics wildly as a supporter (5) 11 Lifer possibly a killer (5) I 12 The fiend lied maeffy about a figure (5) 13
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  • INTERNATIONAL STOCKS
    • 374 12 Reuter WEST GERMAN bank shares have become the pacesetters in the powerful Frankfurt bourse rally, fuelled by growing speculation over a renewed move into German stocks by Kuwait. With the fVini—i' ih««fc index of <0 broadly-based shares setting its 11th consecutive record on
      Reuter  -  374 words
    • 140 12 Reuter BRITISH companies have more orders on their books "than at any time in the past eight years. The Confederation of British Industry's survey of companies found highest order-levels among electrical, instrument, and engineering industries. Twenty three per cent of companies reported r
      Reuter  -  140 words
    • 313 12 Reuter PROFIT-TAKING hit blue chip stocks on Monday as Wall Street turned in a mixed performance after appearing headed for another record high. After advancing to around 1,325 at one stage, the Dow Jones Industrial Average retreated and closed at 1,310.93, 4.48 points
      Reuter  -  313 words
    • 139 12 JUM( ot ct 01 53 hco IW* IMh AMU IW» bw few P*o 40* Afc*n 33* -I* MUh 21* urn* %wi 22* K«rr Add 15* Argoan HMgt 17* -7* LoMot Bank Mont 29 Mnwry F«rg 2* widi Bonk Novo Scotia 13* Mc Bodd 22* M CM 43* MIUPW A
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    • 247 12 JUM M •mi WuuIimi will 325 1600 •25 MOUSI A Afcho muis «2S -40 M 2S30 15 AE And a AflMBf*8p AMC 140 MVK uach A n r J 9100i 1400 tioo 725 •100 WD 430 -20 ■3SP.ZZZ 2930 inch Charter 465 -5 c'® §ni»rzzz CNA ****** Hnanc* 1213
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    • 586 12 s 8 m Atom Ahm* AfcM ASmfm*! Lud AM Omm Cp AM BranA bic Am Cm Go AMI CowK Am BK Nf 24* 31* 24* 43* 96* S* *7* no* 9** 54* 23 ♦2* •I* •1* Am Am Ham* M Am M»w Cp AM NmhI Gm Am T4
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    • 677 12 Amsterdam JUM MN Ml ***** +4 A*t*t AhoW MM AMFV 194.50 +43 227-50 +3 lOt. 40 IJ 241.80 +3.5 Arm Bank •wk«l Mi 02.00 +\2 40 00*4-12J 93.00 1 3KL30 +4.5 •23? Ta* 94.30 +20 34.30 -2 P* M| —iss§:i3 119 00 41 Ht SM0 «ndi 125 JO
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  • Page 12 Advertisements
    • 165 12 IP kefledm From pasta domes a tantalising variety of Italian specialities like macaroni, lasagne, spaghetti, fettuccine... With an excellent choice of wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement Singapore Gasoade garden 0 <* VL V t /iTf f c Fancy good food and furP
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    • 57 12 I the woA*/ Taufin <** the»t from WP»» bet^' 4 and "7^ HOTEL ASIA Many happy ntars 37 Scot* Road SnovoiaOaß "Sot *****88 We* RS ?*3t3 MOTAS4* Pescadou Restaurant Provencal r& -v* a c ha Kim ttf «M to Mfc« «n r«/I Ac i jfaroowm to fan, it Puoutoii (•te
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    • 63 12 '1 r*A sumptous buffet lunch awaits you with savoury specialities to please the palette. Our menu includes popular dishes such as Sotong Sambai, Gado Gado, Fried Prawns in Oyster Sauce, Fried Mee, Chicken A La King and tantalising desserts. Come On down to THshaw Coffee House, everyday, except Sunday, from
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    • 101 12 Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese diefs. Businessman s sec mncn from $8.50++ JkAP RJRAMA SINGAPORE HOTEL 10 Eu Tong Sen Street. Singapore 0105 Tel: 533 3888 KING'S DEN Sheer Relaxation! A lounge of whimsical and
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    • 119 12 London olooMb, pogo 17 4 J VS-* 1 Kt 1 h Restawut for the beat Teochew delicacies in town. Discover our famous dian-xln, deMdoua steam-boat Teochew porridge and other mouth-watering I delights prepared by hong Kong W chen. And feel like royalty while IC you dine in Oriental splendour. Open
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  • ASIAN STOCKS
    • 392 13 HONGKONG: SHARE PRICES yesterday survived a late wave of profit-taking by small Investors to close mainly steady, while trading was fairly active throughout, brokers said. They noted the 1,650 mark on the Hang Seng index remains a stubborn resistance point, but said sentiment is bullish on overseas speculation that
      392 words
    • 202 13 JUM 04 Nt» Uan Hwo Mm Nan Ya Ma* 11.15 ...24.90 ...17.10 ♦ais ♦0.2 0.4 Aata Cwwl 23.50 -0.1 ♦0.1 Fodfc Bact Wlra ...14.10 ♦as Chang Hm« tank Chan Loans Ova Hrin Cmnant Own Cham China Da* China Bact Vtta China <k0 Pla» China Itabar CMna Stool Chung Chin
      202 words
    • 431 13 TOKYO: Share prices soared in active trading as domestic-orien-tated shares continued to climb and some blue chips revived on bargain-hunting in the wake of Monday's sharp plunge, dealers said. The market average Jumped 109.90 to 12,583.31, recouping over half of Monday's 216.06 lon. Turnover was 450 million shares against
      431 words
    • 111 13 MANILA: Share prices closed mixed in quiet trading. The mining marker rose 3.83 to 676.27 while the Commercial and Industrial Index fell 0.95 to 129.11 and oils remained steady at 0.748. Atlas Con B fell to 16 from 20. MM 04 hn Mmm Oitam Ml 0.0014 undt M ft
      111 words
    • 312 13 SYDNEY: A federal government proposal to tax gold miners and an overnight fall in the international copper price below 60 cents sent share prices tumbling on Australian stock exchanges, brokers said. The All Ordinaries Index dropped 11.7 points to 860.9, the Gold Index 52.7 points to 848.1, the All
      312 words
    • 156 13 BANGKOK: Share prices closed lower in inactive trading with few investors present after a long weekend. The Book Chib Index dropped 0.74 point to 139.40 and declines led advances by more than three to one. Turnover fell to 139,800 shares worth 16.9 million baht from die previous 772,788 shares
      156 words
    • 67 13 JUNE 4 Worn 918 76 573 ♦4 591 Jf 43» Chohauna Bk 573 uncfc KonoFht 634 LOn*Ti»rcK> I* 631 451 •4 ■2 Yukana.. K«w9» 1491 400 +9 -10 450 -1 Lucky Ltd 577 -3 545 695 5 466 •14 779 -4 Gold Stor w? •1 1166 -14 Hani Bk
      67 words
    • 90 13 Reuter CHEMICAL ASIA LTD has been awarded a mandate by Daewoo International (America) Corp to arrange a US$7O-million commercial paper facility. The three-year facility, guaranteed by Daewoo Corp, would replace an existing $75-million three-year facility that expires next month, Chemical Asia said. Chemical Bank will provide
      Reuter  -  90 words
    • 277 13 FT THE AMERICAN food giant, Del Monte Corp, Is to conclude a food production and processing agreement in Chins next month with a Shanghai-baaed group after more than two years of agricultural research work in eastern China. Equity in the venture will
      FT  -  277 words
    • 98 13 Reuter JAPANESE corporate current profits in the year ending March 31, 1906, is estimated to rise by an average of 5.7 per cent, sharply down from the 25.9 per cent recorded in 1984/85. The Wako Research Institute of Economy Inc, an affiliate of brokerage
      Reuter  -  98 words
    • 126 13 AFP EUROPE'S biggest maker of watch movements, FranceEbauche, will set up a factory in India to make two million quartsregulated mechanical watches a year. The company's president, Michel GroUemund, said on Monday the Japanese companies Seiko and Citizen already made 4.5 million watches
      AFP  -  126 words
    • 277 13 FT AJINOMOTO, one of Japan's tending food promasa and wasnnlaf companies, is ronsMfriag the establishment of an amino acids' plant in Europe in order to boost l-t > |k i, runner its aivcrMiritioii into tw business. Mr Tadeo Suzuki, an Ajtnomots executive vice-president, says Iks
      FT  -  277 words
  • Page 13 Advertisements
    • 571 13 <- <Sd> H r, 'A Wa V. 0^ FOR FURTHER INFORMATION CALL NOW Mid Tradewinds i $0 A <r«L ii vr* I r V u Soothe yourself with a favourite cocktail. Or dine poolside on local favourites at the Tradewinds. Relax. Unwind to what's.. Distinctively Hilton in r) *4 5
      571 words
    • 29 13 Savoury DeHghts II 235 208 or 734 U22 at ML/144 Lock: llaa-Saa ■W Our Chefs Recommendation: r^Rrih v .'l YlOP** 00 r» ♦owcqawOfc—y. mil iiMMhi Bi«<.Ti«M»wOnr»mMaM L JE- M—AP **>.*
      29 words

  • RAW MATERIALS
    • 406 14 AFP PRODUCTION of rice in 1984, harvested mostly towards the end of the year for consumption in 1966, readied a record 470 million tonnes and should exceed projected consumption for this year. The International Wheat Council (IWC) said in a special survey that this
      AFP  -  406 words
    • 377 14 AP AMERICAN Agriculture Secretary John Block has called the US loss of farm export markets politically intolerable and said his new subsidy programme was the only available tool to counter the loss. "The very (act that the Europeans have become a big
      AP  -  377 words
    • 299 14 Bernama MALAYSIA'S rubber production (or March dropped by 9,796 tonnes to 89,161 tonnes, the Statistics Department said. Both the »nH «mall holdings sectors reported reduced output. About 84,565 tonnes of March's total production came from Peninsular Malaysia while Sabah and Sarawak together accounted tor 5.15 per cent
      Bernama  -  299 words
    • 158 14 AFP THE International Wheat Council's (IWC) latest estimate of world coarse grain production including barley, oats, and sorghum remains unchanged at a record 797 million tonnes (or 1984. This is Just over 15 per cent more than the previous year's output of 691 million tonnes. In
      AFP  -  158 words
    • 69 14 Reuter A FIRE in a Hamburg port warehouse destroyed sugar, rubber, copper and aluminium valued at several million marks. The cause of the blaze at Unikal Warehouse, owned by a Hapag Lloyd affiliate, is not known. About 9,100 tonnes of sugar in the warehouse were destroyed. About
      Reuter  -  69 words
    • 138 14 MALAYSIAN crude palm oil prices closed slightly higher on light covering interest, but trading was thin ahead of a local holiday today. In the June position, north region firmed Ms2o to $1,265 per tonne, central $10 to $1,255 and south $2.50 to $1,270, while July in the central
      138 words
    • 248 14 RAS prices in ScMrtf/kf, FOi m 1 tttm NOON CLOSf Irrt I RSS Prompt 173.50 I74.50N 174.00 175.00N Irrt 1 RSS June 85 173.00 173.50 173.50 174.00N Irrt 1 RSS Ju* 85 170.00 170.50 170.50 I71.00N irrt 2RSS 169.00 I70.00N 169.25 I70.25N UK/Corrt 168.00 169.00N 168.25 169.25N
      248 words
    • 83 14 (COTtlAf, 1-tOT Mbft>JUNf 85 JULY 85 VCurrwiT fnonni; NOON \TOTWGrO FVKWM VI/ NOON RAS (■Tin Sihn 8mm Wlovs SSR 20 161.00 163 00N 163.00 165.00N SSR SO 159 00 16I.OON 161.00 163.00N MRELB 1|| 5>Mtri 8U*mt StMmt SMR CV v 212.00 214.00N 214.00 2I6.00N SMR L v
      83 words
    • 1073 14 COFFEE ROBUSTA futures yesterday ended a subdued session with small gains of £7 to £9 from last, entirely due to softer sterling against the dollar yesterday morning. The market opened at these moderately firmer levels, and in quiet, predominantly jobber-ori-entated trading moved in a narrow £6 range, reflecting
      1,073 words
    • 80 14 THE Knala liipw Tta Market eased uetker eeat te MS2S.M par kg» ■tin within the ITA $».11 ui $SUC lever raage. ei kye weaker Lmim deoe ui sterling's tall agalast tke Malaysiaa teller. Tkle aarrewed the discount te £1» Mr teaae ever LME high grade treat £2K. The
      80 words
    • 133 14 Yarn (h HK$ par Mt af 400 ft) China cordtd yarn, conos Sua Phoanix 16'* 2,550 Bua Phoarw 20*. 2,700 Bua Phoanix 32's 3,150 (Sua Phoanix 40"* 3,500 Corded yarn, hank Sua Phoanix 21'* 2,950 Combed yarn, coms Bk« Phoanix 32'* 4,250 Bua Phoanix 40** 4,400 Opon and yam
      133 words
    • 78 14 SOYBEAN futures yesterday closed three to nine cents s bushel lower In active late trade. July ended near the bottom of a I*4 cent range. Mocotta grain sold L 5 million bushels of July late, while Frazier-Parrott bought. Illinois Co-op spread July/Nov, which widened to 10 cents premium July.
      78 words
    • 216 14 SINGAPORE The market yesterday cloeed higher with June One RSS buyers quoted at 173.50 cents per kg, up two cents (ram last Friday. Prices gained about L5O cents in (airly moderate morning trading on some buying and short covering o( nearbys following reports Inro's butter stock manager was seeking
      216 words
    • 145 14 Chin— Prod Exchange kioe Robusta 20/25% FOB NSW 477.50 A.** 4 PiTTi r MOT dew i Jot* 4. S$/100 k»). Coconut oil Bi*. FOB OW drum FOB New dun FOB pritM M 117.00 130.00 134.00 Nutmeg 110 FOB NSW EAW FOB NSW Gombier FOB NSW 413.00 272.00 I
      145 words
    • 160 14 WHEAT futures closed to 2M cents a bushel higher. July ended ■ear the tap of a 2V4 cent Egypt's slightly larger thaa «iscted purchsse of US SRW wheat and Cargill's purchase of more than L 5 mfllhw bushels in the first throe months lent loppoft, Kcfco merged n a
      160 words
    • 273 14 (S8/MK in fim rrogront mm crap 1* 0.84 2nd 0.62 3rd 0.60 Nnr Crop 25% no stock 10% no stock Tfcoi Brdua A-supw 036 Sp*ool 0.54 Thoi liei 55% no stock China Kici 10% 0.87 15% no stock 25% no «took 35% no «lock Thfli loM Rict 5« GJO
      273 words
  • Page 14 Advertisements
    • 110 14 restaurant To all our guests who hame commented on Le Rosier during our recent survey. Wve done something about it and this is the managements decision. because your entertainment expenses have been affected due to the economic slowdown. Le Rosier understands and is proud to announce that we have managed
      110 words

  • SHARE INFORMATION
    • 4073 15 THE absence of favourable news both at home and abroad caused share prices on the Singapore stock market to finish mostly lower yesterday. Total volume for the day was low at 5.61 million, and declines outpaced advances 106 to 18. Overall, stock
      4,073 words
    • 212 15 SINGAPORE 1 Rises Indices MOthi 140 478 >20 4-14 rci^^i May 81 Jaa 4 722.70 ***** CCM 432 -ft ITUnMr *****27 *****44 r iMh cms 109 +8 ♦4 8T OB/OS •218 -138 NW 9m 400 STWiiUrt ***** 809.13 HIT 715 5 ST fain 2328.34 2lltJ8 ijcJSZL 230
      212 words
    • 2330 15 BID and offer prices officially listed and buslnees In and reported to the Stock Exchange of Singapore yestsnloy vltb the number of shares traded shown In brackets In lots of IjOM unite unlsss otherwise specified. All Time Settlement Contracts are quoted after the word "WIT.
      2,330 words
    • 193 15 COLD 8TORAGE HOLDINGS PLC: AGM at Mandarin Court A, 4th Floor, The Mandarin Hotel, 333 Orchard Road, Singapore 0923 today at noon. DAH YUNG INVESTMENT LTD: Twenty-first AGM at No. 1 Shipyard Road, Singapore on Thursday, June 6 at 11am. HOTEL NEGARA Limited: Seventeenth AGM at 15, Claymore
      193 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 1117 16  -  MONTH By HOMER CHEN MAY WAS A fickle month (or the Singapore stock market. After a quiet start, it roared upwards on news of a settlement of the Malaysian Chinese Association crisis. But the release of a government quarterly survey took the wind out
      1,117 words
    • 403 16 THE Kuala Lumpur stock market drifted through another dull and featureless session yesterday with share prices dosing on a slightly easier note. At the cloy of trading. losers ouiaumhsred gainers by 88 to 38 while 58 other am nniffyfi uncnanggq. Turnover improved slightly to
      403 words
    • 1515 16 BID aad offer prion officially listed and b>Mtn«w in u*-nr ported to (bo Koala Lumpur Stock «xcban«t yooterdaj. with Mo of Bbaras ttadod ■<ww In ftMB mSTVMLS Ajtaoowto (3 06S) A Owe (2.1 OS) (I) 2.09 AMO (3.006 3.025X1) 3.02 Alcooi (1.018 1.025) (1) 1.02
      1,515 words
    • 3 16 •AMHI#
      3 words
    • 191 16 Mown* prices far Jww 5 Singapore Unit Trurt Th« Cowmu Tha Swiny Fund S'por* Prog Fwd S'pon S«c Fund S'por* kwMt Fund S'port Equity Fund 1.93 *2.05 1.43 1.52 0J4 on 1.24 1.31 0.90 0.95 OJS 0.90 Asia Unit •fiHfiir I Trust Mai ktviM Fund Md Prog Fvnd
      191 words
    • TAKING STOCK...
      • 402 17 HOCK LOCK SIEW THE PRIZE for the most coy investors of the year must go to those who obliged Hyundai Heavy Industries by taking at least some of its shares in Neptune Orient Lines off its hands towards the end of last year. For the
        HOCK LOCK SIEW  -  402 words
      • 233 17 IS METAL BOX Singapore Ltd changing its announcement policy (X* has it something up its sleeve? The group asked for a suspension in trading of its shares yesterday "pending announcement". True, its results for the year to March 1965 are now due but the
        233 words
    • 230 17 Bernama UNITED PLANTATIONS Bhd, in a reply to KLSE queries, has said that the purchase consideration for its proposed acquisition of the remaining 50 per cent stake in Unitata'Bhd, now being held by two non-Malaysian companies, was determined by a share exchange ratio of 48 UP
      Bernama  -  230 words
    • 951 17 EQUITIES closed quietly firm in London yesterday after a mixed opening and showed little reaction to the UK money supply data which was generally in line with expectations, dealers said. Cable Wireless was 20 pence higher at 575 after announcing its subsidiary Mercury Communications is setting up a
      951 words
    • 295 17 PILECON's chairman Datuk Abdul Rahim, in his latest annual statement, has stated that diversification will continue to be the main theme for the company's future growth. The construction and engi-neering-based company has so far diversified into property development, electronics and interior decoration.
      295 words
    • 477 17  -  By CHAN OI CHEE HEAVY START-UP costs incurred by the new Furama Singapore hotel and lower-than-ex-pected sales of shop units led to a sharp drop in Wannian Holdings' profits for the financial year ended Feb 28, 1965. Because of the unpromising outlook,
      477 words
    • 571 17 FOLLOWING his higher AH 40 per share offer for Allen's Confectionery Ltd, Jack Chiarapurk now has the upper hand in the tussle to gain control of the confectioner. The rival bidder is Rothmans Australia. Jack Chia-MPH Ltd yesterday confirmed an
      571 words
    • 346 17 DIVERSIFIED Lion Corp Bhd is optimistic that it will continue to weather the current recession. This assurance was given to shareholders by Lion Corporation chairman and managing director Mr Cheng Heng Jem in his latest annual statement. With further investment being made
      346 words
    • 156 17 CHEMICAL CO of Malaysia announced that its interim dividend of 15 per cent gross for the financial year ending Sep 30 will be payable on July 19 to shareholders registered as at July 5, 1965. TEMASEK HOLDINGS (Pte) Ltd has an interest of 141.376 million shares, or 48.71
      156 words
  • Page 16 Advertisements
    • 321 16 THE INSTITUTE OF INTERNAL AUDITORS INC. SINGAPORE CHAPTER 1985 CONFERENCE ON AUDITING rTTTTyTiiWTWigM i Fi rt' Organised for Internal and External Auditors, Accountants, EDP Executives and Managers to keep pace with the changes and challenges presented by Computer Technology on the Auditing Profession TOP INTERNATIONAL EDP AUDITING PRACTITIONERS WILL OFFER
      321 words
    • 94 16 U.S. $30,000,000 A (Incorporated Im the Repmblk of Korem tmdtt The Harem Development Btmk Act 0f1953) Floating Rate Notes Due 1983 In accordance with the ptovlteo— of the Mo—, aoboe in hereby given that far the month latere* Petted (ram 9th June, IMB to 9th December, IHS the Notes wm
      94 words

  • Page 17 Advertisements
    • 119 17 ■ULAN CogrtHHH Exeiuive ft Luurlsns Apartments specially deriped (er yea... f Ideally located at ~ifllfc L f Meyer Place/Katong jflMTjl 0 ?2 maiin d ettes j H Very spacious SLW p S«. apartments I 'Mm i J from 2,068 sq.ft. ypwy ww\ Swimming MM Barbeque pit Beautiful landscaped garden Children's
      119 words
    • 15 17 On target, CHART POINT every Saturday Managers must manage. BT shows you how every Monday
      15 words
    • 134 17 If you're still calculating man-hour, worked by your manpower the old fashion way You need AMANO, the computerised time recorder. This computerised time recorder is the most compact and advanced of its kind. And it is an ideal system for factories and large and small establishment for these reasons. It
      134 words

  • 742 18  -  Allegations of profits from sale of flats By LISA LEE NATIONAL Development Minister Teh Cheang Wan has come up with more figures to disprove opposition leader Chiam See Tong's insistent claim that the government is making money from the sale of public flats.
    742 words
  • 505 18  -  By LEE HAN SHIH MALAYSIA'S-"sugar king" Robert Kuok Hock Nien has given up his chairmanship of Shan-gri-La Hotel Ltd to concentrate on business elsewhere, particularly China and Hongkong. He will be replaced as chairman and director by his older brother Tan
    505 words
  • 324 18 Reuter AFP INDIAN Prime Minister Rajiv Gandhi said yesterday that he would discuss diplomatic initiatives to end the Gulf war between Iran and Iraq when he met Egypt's President Hosni Mubarak in Cairo. "I hope we can come to
    Reuter; AFP  -  324 words
  • 289 18  -  By AMY BALAN THAILAND has pipped both Singapore and Hongkong (or the distinction of being the first Asian country to install a cashless shopping system using debit cards. The Bangkok Bank point-of-sale project, similar to projects planned in Singapore and Hongkong,
    289 words
  • 138 18 AP THE US is "not yet out of the storm centre of dispute" with Japan, and the two countries must quickly head off a severe political backlash over the growing imbalance of trade, a top US trade official said yesterday. Predicting that
    AP  -  138 words
  • 58 18 Reuter THE New York stock market was mixed in early trading yesterday as a consolidation phase continued, following last week's rise to record levels. The Dow Jones Industrial Average was down one point to 1310. Volume amounted to about 9.65 million shares with advances narrowly leading declines.
    Reuter  -  58 words
  • LATE FILE
    • 54 18 Bernama THE LATE Abdul Jalil Ibrahim, who was murdered in Hongkong in 1983, has been conferred the highest award in Malaysia, the Seri Pahlawan Gagah Perkasa, by the Malaysian King in conjunction with the ruler's 53rd birthday today. Mr Jalil was the assistant general manager of
      Bernama  -  54 words
    • 37 18 UPI ACTING Philippines armed forces chief Lieutenant-Gen-eral Fidel Ramos yesterday said the country's military could handle the local communist insurgency at its current level without invoking its mutual defence pact with the US. UPI
      UPI  -  37 words
    • 49 18 Reuter FIVE PEOPLE were injured when Sikh extremists threw a bomb into the house of a politician in Punjab yesterday. It was not known if the politician, the local leader of the Congress (I) Party, was among those injured in the attack. Reuter
      Reuter  -  49 words
    • 57 18 Reuter PAKISTANI Prime Minister Mohammad Khan Junejo yesterday promised to give the country a new political framework to replace martial law which he said would be lifted in a few months. He said he would ask President Zia-Ul-Haq to lift martial law after a Bill
      Reuter  -  57 words
    • 36 18 Reuter A SOVIET relief force with thousands of troops is fighting its way through the Kunar Valley In eastern Afghanistan towards the rebel-besieged frontier garrison at Barikot, diplomats said yesterday. Reuter
      Reuter  -  36 words
    • 30 18 AFP CHINA opened its first international peace conference in Beijing yesterday and accused Moscow and Washington of vying for world hegemony and preparing for war.
      AFP  -  30 words
  • Page 18 Advertisements
    • 77 18 KECK SENG TOWER, Cecil Street The American Club Northern Telecom (Asia) Limited Tang Design SSC B: Lintas SEA Sdn Bhd Phoenix Assurance PLC Santaico Trading Pte Ltd London Guarantee Reinsurance Co. Ltd McDonnell Douglas Ltd. Singapore Construction Industry Development Board Chilean Trade Promotion Bureau (PROCHILE) Business Week, McGraw Hill Inc.
      77 words
    • 129 18 w X AAAA A A A The answer is obvious enough, isn't it? Who in the world likes queues or would cherish the thought of standing in one? The other line, you'd agree, is a much happier alternative. Which is why we offer POSBLine, a telephone banking service. With it,
      129 words
  • Page 18 Miscellaneous
    • 53 18 wmm Outlook for today: Showers over several areas in the morning. Report for 24 hours prior to 7.30pm on June 4 at the airport: Maximum temperature 32.0 Associated humidity 71 Minimum temperature 24.8 Associated humidity 97 Hours of sunshine 10.00 Rainfall in millimetres nil Rainfall this month 11.8 Roiny days
      53 words

  • SHIPPING TIMES
    • 192 19 AFP SANKO STEAMSHIP, the world's biggest tanker-bulker operator, announced an accumulated deficit of lttJ9 billion yen (US*73 million) in the fiscal year which ended in March. The ffcrm reported that it had suffered a recurring loae of 50.61 MDIon yen and after tax Ims
      AFP  -  192 words
    • 407 19  -  By JUNE LIM THE MALAYSIA Pacific Rate Agreement will soon terminate the services of Freight Conference Services (PCS), a company employed to ensure that members keep to the terms of the tariff. It is believed that the two parties have reached an agreement to
      407 words
    • 190 19 A NEW COMPANY has been established in the UK to offer consultancy and research services on ship operations in restricted and congested waters. Maritech Consulting and Research is a joint venture of Eagle Lyon Pope Associates, Technics Ltd, and the National Maritime
      190 words
    • PORT SIDES
      • 113 19 UPI A SOOTH KOREAN freighter and a Japanesefishing boat collided in the Sea of Japan on Tuesdaybnt there were no casualties, the Japanese Maritime Safety Agency said. The agency said the collision occurred between the 996-ton South Korean ship Kuk Dong with a crew of 16 and the
        UPI  -  113 words
      • 56 19 A SHIPPING agreement was signed recently in Brussels by the governments of Belgium and Angola. In accordance with the Unctad code, the agreement provides (or a 40 per cent share each of the ocean trade between Belgium and Angola for these countries' flags. The remaining 20 per cent
        56 words
      • 81 19 A FREIGHT rate adjustment plan put up by the Korea-Indonesia/Indonesia-Korea Freight Conference is to be opposed by the Korea Shippers' Council. The conference put forward the plan so that current market rates could be reflected in the conference's tariff. Hie Korea Shippers' Council, however, sees
        81 words
      • 79 19 PLANS FOR dealing with oil spills need to be decided early at ail levels from individual ports to national groups it was emphasised by the oil company and tanker industry. A new study underlines the fear that often contingency plans are laid only after a major
        79 words
    • 594 20 AFP HONGKONG shipowners actively welcome the replacement of the Union Jack with the five star red flag as the government pavea towards an autonomous shipping registry named, "Hongkong, China". "It's about time that Hongkong should have an independent identity in international shipping," said spokesman
      AFP  -  594 words
    • 262 20 AFP THE GOVERNMENT of Zanzibar plans to modernise the island's harbour to make it a trans-ship-ment port to serve neighbouring eastern African countries, Radio Zanzibar reported. The European Economic Community (EEC) is already reported to have comitted funds towards the project, whose total cost has
      AFP  -  262 words
    • 132 20 SCANDUTCH achieved an all-time high recently when it stuffed 230 tonnes of bagged cocoa beans into 23 ventilated containers in two hours. The stuffing operation was expected to take at least six hours to complete, according to an executive of the Port of Singapore Authority Container
      132 words
    • 118 20 THE MARDEN family in Hongkong has taken a 22.5 per cent stake in Cool Carriers, the successor of the collapsed Saleninvest empire. At the same time, Salenia the Salen family company has decided to tn>ro up only half of its 45 per cent share option.
      118 words
    • 731 20 A Top Em AIAN X V a s aim Una V 3 Ahramuai Unar X AC Topafar X S AfC Una V 4 AM. 2/3 Amafc Onant X 9 Arrow Unas X 4 Altai Una* X 1 ATC. ASCL V 1 Bo*-Omoda Una VI 4/5 MOM Una
      731 words
    • 1681 20 CHARTERING activity on Monday was mixed and moderate and included bookings for voyage grain, ore and coal, dry cargo brokers said. Grain voyage fixing featured a booking by Bunge of the Ambassador with 70,000 long tons grain and stowing 63 ft from US Gulf to Europoort at a
      1,681 words
    • 183 21 Reuter NIPPON YUSEN Kaisha (NYK) said it has agreed to lease to the Japanese shipping line Showa Shell Senpaku KK a 261,594 dwt oil tanker, Tokitsu-Maru, currently used to hold government floating oil stockpiles. Showa Shell Senpaku, owned by Showa Shell Oil
      Reuter  -  183 words
    • 398 21 Lloyd's List KAOHSIUNG HAS consolidated its reputation as a key South-east Asian transhipment centre by disclosing an agreement worth more than US$47 million with a leading US container operator. United States Lines will lease a pier from Kaohsiung Harbour Bureau for nine years and 11
      Lloyd's List  -  398 words
    • 170 21 Reuter ABOUT 10,000 tonnes of meat have been held up in cold stores in Australia because of lack of shipping services, Australian Meat Exporters Federal Council (AMEFC) chairman Kevin Bowtell said in a statement. Most of the meat has already been sold and exporters are
      Reuter  -  170 words
    • 679 21 AFP THE FREIGHT market remained in the doldrums over the past week with activity kept at a low ebb by the long British Bank bollday and little fresh enquiry circulating particularly in the key grain trades. The dismal conditions were reflected by the fresh slump in the Baltic
      AFP  -  679 words
    • 185 21 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. M K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Tang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      185 words
    • 114 21 Fairplay AFTER a thorough review, the Port of Los Angeles has decided not to implement a propoeed facilities charge because of its potential negative impact on the shipping community. In March, the staff of the port initiated an investigation into the application of a facilities charge on
      Fairplay  -  114 words
    • 2935 26 38S)BDt3llB 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
      2,935 words
    • 688 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location A New Jersey 4 05.6.85 2130 USL F7 0800-0930 B8 Glory Ace 588 06.6.85 0100 Or Uoyd F2 1100-1300 U3 Cola Pioneer 2 06.6.85 0700
      688 words
    • 1716 27 Who acts for whom Th* leading shipping lines operating from local ports and their agents. A—l A Tap Enterprise* ha Ltd Soma (S) At Shipping Bocistaod Shpg Agencie* A fee Una African Shpg Agencie* (S) Akrenkiel Uner Kim Shpg (S) AIM C Teepfer Oceonus Shipping Agencie* (S) Muhiport Sdn Bhd
      1,716 words
    • 400 28 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure KEPPEL WHARVES Altenbete Anderso Frotasontos Makmur Bagur Gen Lykes Hunza Koh Jin Kota Cahaya Koto Jade La Rioja Lin Petafing Song Traly Trans Hav Yuqing AA AIM AAil I llfi K16 alongside 05.6/0800 K10 alongside 05.6/1500 K33 alongside 05.6/1500 K25W
      400 words
  • Page 19 Advertisements
    • 376 19 fleiwi Vents: *W Oveiqeas Go*Uai*m Line SEttZSSi&SSr T«t 221*11 Mb m OS ***** cn oFfcc ire #«mao t* aamvan. TotmH ONca TFC ****** M *****M/222W1/*****01 kwjb wm t* mmfmm/mm urn m. muam rmm m *****4 t«m n* mmmh as mm ran klme t* *7200 mk nowti cn m jooooo A/i
      376 words
    • 137 19 r-.UMjI w* VNL National Line member of the Anro Consortium MTMURTA MBTKALM TOMSK MM MTNUftTAMSIMLM hi l*t 13/1 25/6 5/7 11/7 17/6 9/6 16/6 *21/6 6/7 21/7 20/6 18/6 10/7 22/6 lU/6I U/6 20/6 30/6 12/7 23/7 24/6 I nSMMI 2/7 23/7 4/7 SffMPr 25/6 5/7 15/7 26/7 6/8 7/7
      137 words
    • 316 19 A hard look at whet H will take to succeed in business for the next 20 years With turbulent times ahead, forewarned will be y forearmed. $22j00. MAERSK LINE lE3SHB Tf; EABT. WEST AFWCA ABA CR-lteWM MkV tM TVI Mrat mm U-1M 14-14/1 M 3 mm/* 2122/1 am* m* 21-21/1
      316 words

  • Page 20 Advertisements
    • 359 20 USA/CANADA MIDDLF CAST LJ a I ~t HIMI rMivw MPR «ran PI r»>dir at Tokyo R MB* Ml U/ll M It Ml 1/7 1/7 1 HMOUO IV7 11/7 Nl w— W7 H/7 I ■Ml 27/7 M/ 7 tl YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Pacific North Wool At Foodor at Kotoo Fa
      359 words
    • 147 20 11 ll* 1 n\ \\Wi UL\T Supercarrier Service mcnc SMM 7/S a/s n/t wi VP IDM 17/1 TOUKONC K/i. MMU PERSEUS 5/7 A US ATLANTIC US GULF E. CANADA TS. 1/7 111/7 IV7 I tt/7 IM/7 11/7 a/7 M U/l I tt/l M/t 111/1 17/1 7/7 IW7 TO: CARIBBEAN CENTRAL
      147 words

  • Page 21 Advertisements
    • 585 21 The Straits Steamship Group £5 Mansfield Container Shipping PteLtd Overseas Containers Limited CONTINENT CONTAINERSHIP SFRVICF 10 UK Tpm PJM 11/1 IVI a/« 22/1 Ti/t a/i mn mn 11/7 13/7 a/7 a/7 a/7 a/7 a/i M/I 11/1 13/1 lt/i a/i ±i S x.. CONTAINFRSHIP SFRVICF FROM UK CONTINF NT H-bwi am
      585 words
    • 516 21 Franco Bvlynm Services r.' *a. f XTI 12 M (Him) 1M 2M 4M IM 7M IM IS km (17 1m) IM IM 11 M 11M MM MM II <MM)MM MM MM MM BM MM M IracMi en te/M K fraMMaM w Sf Ml MHt ROt Alt CONSOHTM I SS,7SZ2,SZ'<SZ M
      516 words

  • Page 22 Advertisements
    • 340 22 Hapag-Lloyd EXPORTS 10 CONTINENT/UK to Scandhavia, Med, Carribean I S. America to Hand destinations in Einpe TO EUROPE MED USA CANADA FROM N CONTINENT UK I FROM USA CANADA St--13/5 15/5 Tek|»l 17/5 11/5 Tek»e I a/5 11/5 T«k|«l 11/5 Mh M/S a/5 Mn m $>m pjmmi 7/1 U/l 13/
      340 words
    • 126 22 FULLY CONTAINERISED SER VICE FULLY COMTAINIRISfD 10 FROM MOUTH »MfR!CA WSf U)Abl inu PK* S#art* KH LA OMMSaatHa im*C S'»m«* KOREAN WOW m 511 (13/6) 11/6 U/6 3/7 ft/7 »/7 1/7 23/7 31/7 CONVENTIONAL SERVICE To/From BUSAN MCHON BUSAN 2/7 ifl CONVENTIONAL SERVICE TO IRAN PERSIAN GULF KUCHMG/SBU/ urn soon
      126 words
    • 393 22 I nuiia ouun AGENCIES PTE. LTD. #09-07. ROBIN A HOUSE. SPORE 0106 TEL: *****88. TELEX: RS ***** BOOKING: *****56 (OIRECT LINE) SINGAPORE TO PENANQ SINGAPORE TO SABAH i. i. i ini'iinn EOEQEIZZ inmn 325 S.P.M. Bldg, Silom Tb/; *****03/5 \fctE CHINA OCEAN SHIPPING COMPANY K.tai PJUc P« HONG GU CHENG
      393 words
    • 666 22 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) not a MTU f GUAM) iM tMSTEi ftti SNUS GOLOm na gomc no una na sun w-famMD/ra soww ml so Hcarrnt cmgo ra MUMETOH CTC 2) lIUMI*. CMCMO. KWOn. COUBMS > OTIO MUM MOM—g KSWBWM 11/7 vt in vi vi
      666 words
    • 304 22 US I NOSE MARITIME PTE LTD DO ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES sr* sslv KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC 9m mdant Lm*« far OCEANA COURO 24/6 P. Mmsby, Lac. Rabatl Mcii, nonura. nounwa, Lout oka. Sutj, Pjpwttt Pajo Apia OCEANA QUEEN 7/7 fi/7 Lac,
      304 words

  • Page 23 Advertisements
    • 647 23 PACIFIC INTERNATIONAL LINES PIL. Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 v\v EAST AFRICA/REDSEA SERVICES 4* K ARACHI/M.E. GULF SERVICES KOTA WARUNA KOTA SEGAR CAWA COLOMBO/CHITTAGONG/RANGOON SERVICES VOYAGE SMQAPORE CHINA SERVICE KOTA ANOKASA KOTA KLAMQI BHANGHAI/XMQANO BANGKOK/INDONESIA SERVICES STOKE I JAKARTA I SURABAYA I BANGKOK 17-20/0 10-10/0 12-11/8
      647 words
    • 509 23 BEN LINE CONTAINERS a/i a/i 1/7 1/7 7/7 1/7 12/7 IV7 IV7 a/7 a/7 a/7 a/7 a/7 i/a VI VI VI 12/1 13/1 15/1 a/i n/i a/i a/i a/i n/i IKJJEBSEN LINE NEW ZE ALAND i>oi i ij. f a |~Sm I Hk| Lm Nmm tock/lMf «M T*»m Ml I
      509 words
    • 501 23 DJAKARTA LLOYD INDON! SI AN NAT U »NAI \f rnitT! .1 .it;. i.tMu". EKA JAYA AGENCIES V. M SISAI PTE LTD It, HMNi RORO CONIAINIR Sf RVICf 10 FROM fIUSTRAt IA APC LINE \M.hl I W I'l.K I \M I» <. W MINI \IM.K WW WEEKLY FULL CONTAINER SERVICE BETWEEN
      501 words
    • 506 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SMPfMC CMPOMTKM (Bvmtsc Nabanai Lint) Loadnf for Ranfoor U« Pm VS4W 7/9 km Htamywa *202 9/11 Mm Paf an VtSN 9/11 Jm Ptastortfyawywa V2SSB 17/11 Jhh hm mm 21/21 Jva BANK LINE K^ILC S iZi£ m I'll JLv., 11 SPOKE R'DAM HULL HMBG FOftTHBANK
      506 words

  • Page 24 Advertisements
    • 1006 24 \*_"K"line UhSHSSBS* KAWASAKI KISEN KAISHA, LTD.— USA CANADA Monccam (lMta*| DESTINATIONS INLAND vto IPI MICROBRIDGE ft kONILAND MUDGE) ALSO ACCEPTM> MONTREAL, TORONTO AND OMR US PACIFIC. GULF. ATLANTIC PORTS N NLANO PORTS. ATUumc cwHrr FEEDER/ MOTIO VESSEL PRIG PENANG STONE T/S PORT PL TOM SAVANNAH PTOM MLTMOK NMFOU ST. JOM
      1,006 words
    • 564 24 '/l£ CAUFORNW/PAOFIC NORTH NEST SERVICE EXPRESS CONTAKR/REEFER/BU.K SERVICE Lm*« tor LOS ANGELES. SAN FRANCBCO. SEATTLE. TACOAM. VANCOUVER IC Am** Fa/Fa CiOim KMT URS 'fT AUSTRALIA EXPRESS CONTAINER SERVICE Accwtnf Fa/Fa CmiUmos PJMm| Spn ftm M S|* AM Ac HAfIMOAS 25/21 Am 27/21 lom 11 My 10 A<* II A4y AM
      564 words
    • 289 24 SANKO ASIA f ROM JAPANESE POUTS AND HONGKONG P 1. OCEAN RAMON 2. TDUt 1 lICPCM. MOOD 4. OSA GMW 5. Ml LOTUS i dos mm 7. PAUSTAR MMO Plata* to Pwt/5 km 10/11 la 11/12 la 14/15 la 14/ ib la 21/22 la 21/27 la ih »w^r> Mi I
      289 words
    • 325 24 INTRASEA (PTE) LTD 2U7 o BREAKBULK SERVICE TO EUROPE/UK PSviSt AWUUD AND K.M.I. r Ifll S port P Kclanc Lm*| hr "WMttLOSL WVllSMrf «I" II 11 aw T 1 P.T PERUSAHAAN PELAYARAH KALIMANTAN URECT WEEKLY SERVICE TO JAKARTA Vtssd ETA/ETD DESTMATKM MAGA XXXXI *ty 11/15 9/10 Jm MvWOrakM MAGA X»
      325 words

  • Page 25 Advertisements
    • 619 25 NOL NEPTUNE ORIENT LINES LTD FAR EAST/FUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): of ACE ComoflM TW WDGE 25W Sailed In Por CCONTMOttW* (10/6) 12/6 1/7 2/7 4/7 6/7 K CHANCE 22W (17/6) 19/6 8/7 9/7 11/7 13/7 IK CQNTMNER 45V (24/6) 26/6 15/7 16/7 18/7 20/7 OCKF44W 1/7)
      619 words
    • 374 25 HEUNG-A SHIPPING Korean Flag Veasels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG PENANG. BUSAN. INCHON 4/4 14/4 11/4 IV4 14/4 22/4 7vt in %n 11/7 15/7 11/7 21/1 24/4 4/7 l«/ 7 25/7 M/ 7 VI V* (HW-12W MB) it a* K2l 4/4/45 NIPMINt HGINi lIS Pl» I IH *<»<♦ >
      374 words
    • 441 25 SINSOV SINGAPORE SOVIET STOPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lim) Cable Address SMSOV SMGAPOKE Tekx Numbers RS ***** RS ***** RS ***** P. KOJMB M/S SHARftAT MM SOON SDN. DHD. IST ANO 2NO FLOOR. NO 1 JALAN CEMPEPRNG PORT KLANG MALAYSIA
      441 words
    • 0 25 [^%,(;*+>**_{%[$>=$--$?,~*['[{[
      0 words

  • Page 26 Advertisements
    • 653 26 D?t'<|i»nal oiitiiiiirr Lines i-nurnm I 4 Sailings weekly rrgntt Fast Reliable Regular Punctual Berthing PSA Tue, Thur Sat Sun FORTMGHTLY FULL CONTAINER SERVICE 1» MME not MTW (-MM HRBMK ROSTOCX MUII/8 1) AM 7 M 4 M 11 M UM 1 Si I run T 28 Am 28M *21 M
      653 words
  • Page 26 Miscellaneous
    • 161 26 y "Son! w 29 Ui P 8«o88« Si:®:. h £V I S« X--. St !HK 10S °C cr" Wind direction with speed in knots Wave height One half fleche SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJfl. THIS MORNMG. LEGEND* R. Thunderstorm Temperature °C Shower Weather s~/ Wind direction with
      161 words

  • Page 27 Advertisements
    • 235 27 REGULAR FAR EAST SERVICE TO ANGOLA PORTS m STONE LOAD FOK: EttHM ftFHft 1«/ C BQMBAYAUMMAOHTO/ SOYO/CABNM SnQoport A§mt i hniK-. 4i ■»>-: 4 >i 135 Cml Stmt #1741 T* *****17 He ***** S m y-HIM-ii gillie CT6 CTG CTG CTC FVERICH NAVIGATION LINE In' orp 'rated in S pore
      235 words
    • 73 27 I \rlVI 1 I U rrrm II ill M. no s/s r Shipping Co Pto sl *nmm m* Imkov iu c«aa '01 UNIGAC (S) PTE LTD M/ 5 21/5 acacnnc 11 I m u C.SI AT AM-7 Vis I :»U' ll'.t CJELATMM V2l 7/1 yv hi 3333 ABLETOUFT OCEAN KT'L
      73 words
    • 255 27 LIZENA PTE LTD k*., 4\ EE PTE LTD SSI •OTH FCL AND LCL i. t: i u :i.'M r T 1 f i —r —-1 UN UN SHIPPIN6 PTE LTD. rli fri- r iiLU WEEKLY SERV'CE S'MGAPQRE TC KbCHNG SIBU IJCORN T Z+.if: T v. r-w- -1 4 wijjjjzz. jm
      255 words

  • Page 28 Advertisements
    • 166 28 ATLAS LINES ■out mbbut sn to m no* COLUMBUS LINE 1 >*'• '4 tMf 2/H IWM IIQ (WTME/TWI/BMfBOAT) OF IU TTO OF BMBIVGS. 1 1.,',, -'i; 1 a ii'i, C PNG PACIFtC LINE S'pore P. Kekmg LOADING FOR TBN 15/6 17/6 P.Moresby, Loo, Oroboy, Kovieng Kicta, Kimbe, Alotou Abo cods
      166 words
    • 214 28 CHOSS WATER F& t ia i *I>\ STD/ltL/HttS/ MXI USA/CANADA PORTS M'l •la' IH EMK/W PORTS I ceu CREST EXPRESS LIKES L NVOCC Sfvici to and from USA, Canoda, uc ar Acciff For East Europe Excafent EUROPE/UK gi EAST, WEST VANCOUVER, TORONTO. LEHAVRE, HAM, ROT, ANT, BRE UK PORTS ll
      214 words
    • 306 28 1* (A MtmNr Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY COIfT H/t 8/4 Tt/t Tt/% Ml/4 1/7 1/7 1/7 4/7 %P 1/1 V 7 1/7 V 7 U/7 U/7 M/ 7 M/ 7 is/7 ii/ 7 m/ 7 a/7 n/7 a/7 FROM EUROPE OM SUEZ) IS (K>»
      306 words
    • 476 28 Everett Lines DC VAPOREES (CIM.) STATE LINE" G*lT»/5 tm M/il tm 13/14 In "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOAONG FOR HONGKONG* AND JAPAN PORTS r 6*IP2D/5 Ja 7/9 la 11/11 Ab n 13/14 km LOMMG FOR PENMB*. CMTTAGONG, CALCUTTA tt. CHALNK i x Everett Steamship Corpn.S/fl S• ngapoff
      476 words
    • 141 28 to m Eat Mm! Cm* nrir c 1 u i UC JUJS I 47* I IV7JS I H7JS I &7JS ■■■ll.' u. GOLD STAH LINL i < i, X a Tt II ID© Li Aiii «rf-MpP""»g (Singapore) privet* ta-mted REGULAR LINER SERVICE RV» Wt 11A1VI 11/lll* EUROPE/FAR EAST LINER SERVICE
      141 words