The Business Times, 11 October 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P> No. 99/1/85 FRIDAY, OCTOBER 11, 1185 75 CENTS
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  • 739 1  -  Listed company keen on buying Active Building Civil Construction By RICHARD SEAH, AMY CHEOK A RESCUE OPERATION to save one of Singapore's biggest construction companies is being mounted by a publicly-listed company. This listed company has expressed interest in purchasing Active Building Civil Construction for about
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  • 523 1  -  By SOH TIANG KENG FINANCE MINISTER Dr Richard Hu yesterday backed the US proposal to defuse the debt crisis and expressed satisfaction at the sentiment against protectionism at the joint annual meeting of the World Bank and the International Monetary Fund. In
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  • 210 1 PRESIDENT Hosni Mubarak said yesterday that the Palestinians who had hijacked an Italian cruise ship with more than 500 people aboard had left Egypt, maybe for Tunisia. He told reporters in Cairo that Egypt had allowed them to leave on Wednesday night on
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  • 167 1 Reuter UNDETERRED by excess refining capacity worldwide, India has invited domestic and foreign private companies to submit tenders to build two major oil refineries in collaboration with the government. A petroleum ministry official said yesterday that the offers to help build the refineries at
    Reuter  -  167 words
  • Article, Illustration
    67 1 A SUDDEN turnaround in sentiment daring the second half of the day short-circuited an early rally on the Singapore stock market yesterday. The Straits Times Industrial Index fell 3.H points to 781.31 while the Business Times Composite Index eased 1.51 points to Speculative Malaysian-based issues bore the brant
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  • 480 1  -  By LIM SOON NEO LEADING HOTELS are now going all out to help Singapore change its image overseas of being an expensive place by lowering their published rates. Two premier hotels the Shangri-La and Marco Polo said yesterday they were lowering their published
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  • 437 1 WAR OR PEACE that is the issue at stake and not the simple preservation of jobs, said Prime Minister Lee Kuan Yew of protectionism. Addressing the National Press Club luncheon in Washington yesterday, Mr Lee said it was ironic
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  • Page 1 Advertisements
    • 149 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM r» iiKV 4 y" 4; 4 W Another Specialty only from Dragon City. Discover some of the finest Sichuan and seafood dishes at Dragon City. Experience the warm and attentive p service, so reminiscent of traditional iwR Chinese hospitality and respect. Wan, Ban Sav
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    • 272 1 Nursing the world economy, Page 5 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV ft RADIO DOONESBURY BRISTOW OUR VIEW IT IS ENCOURAGING to see three leading hotels make the move to lower their published room rotes. By taking this step, the Shangri-La, Marco Polo and Royol Holiday
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    • 3 1 ,&@,~!|.~^=}>'>\:[;{/`!;~,;?.=` Leader, Page 8
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    • 188 1 Oil!' •X* MINOLTA EP3SOZ Lee lacocca's views CORPORATE HEROES do not come much bigger than Lee lacocca, the American who dragged Chrysler Corporation back from the brink of bankruptcy and into profitability. Beginning next Monday, BT will publish an exclusive 10-part series by Mr lacocca himself in which he gives
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  • BANKING AND FINANCE
    • 302 2 For restructuring about 130 state corporations Bernama THE PHILIPPINES will start negotiations in February next year for a US$25O million loan from the World Bank to finance the restructuring of about 130 state-owned corporations. Officials in Manila said yesterday a pre-appraisal mission from the
      Bernama  -  302 words
    • 533 2 Reuter MOST MAJOR US banks should report a sharp rise in profits in the third quarter over the same period last year despite further hefty contributions to their loan loss reserves, banking analysts said in New York. "We still
      Reuter  -  533 words
    • 187 2 Reuter URUGUAY hopes to announce the completion of a US$9O million co-fi-nancing project between commercial banks and the World Bank in Tokyo on Monday, Finance Minister Ricardo Zerbino said. Banks will put $45 million into the co-financing, which will be used for an energy project. The
      Reuter  -  187 words
    • 155 2 Reuter THAILAND'S Exchange Equalisation Fund has slowed the appreciation of the baht against the US dollar over the last 19 days as of Wednesday by varying the composition of the basket it uses to manage exchange rates, bankers said. EEF officials
      Reuter  -  155 words
  • MONEY AND EXCHANGES
    • 655 2 SINGAPORE 10 THE US dollar yesterday closed easier against major currencies in moderately active trading. It closed weaker at 2.6460/75 marks compared with an early 2.6620/30 and New York's 2.6635/50 close, and at 2.1745/60 Swiss francs against 2.1895/1910 and 2.1880/1910, respectively. Sterling closed firmer at U551.4130/40 compared with
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    • 258 2 Interbank rates at 3pm yesterday: Currencies Nominal rale* Smithsonian Bid Offer croaa parity change Local dollors to one unit of foreign currency US doMor 2 1455 2 1465 2 8196 •23 91 Sterling pound ***** 3 0351 7 3469 -58 74 Austrobon dollar 1 5039 1 5068 3
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    • Article, Illustration
      272 2 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels after trading quietly. Shortdates finned 1/16 point at the start and remained unchanged in subsequent trading. Overnight, weekend and week-fixed closed at a common 8'« eight per cent. INDICATES the average of the prime lendnf rates of 12
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    • 36 2 S$ Interbank rates at 3pm yesterday: OHcf Bid 0»«f roght 5 3/4 5 5/8 1 -month 5 3/4 5 1/2 2-month 5 3/4 5 1/2 3-month 5 3/4 5 1/2 Overnight mode 5 3/4
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    • 338 2 Reuter SIMEX currency futures yesterday closed firmer in quiet trading on short-cov-ering and commercial buying following the US dollar's weakness on the spot market, dealers said. December marks opened at U550.3782 and thereafter rose gradually to a high of 0.3803 before closing at 0.3800, up from Chicago's 0.3789. About
      Reuter  -  338 words
    • 191 2 HONGKONG: GOLD yesterday closed firmer in moderately active trading reflecting weakness in the US dollar. There was considerable support for gold around US$325. The metal ended at U*****.50/90 an ounce against New York's 325.20/70 close and Wednesday's 326.00/50. On the local market, gold fell HK$3 to close at $3,025
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  • Page 2 Advertisements
    • 151 2 This week, The Economist sheds new light on world affairs. The Economist casts a penetrating light into the four corners of the world. We give you news and views that are low in cant and bias, high in fact and interpretation. In this week's issue, you'll find illuminating reports on
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    • 25 2 The Salamander Salamander. Now available at Peninsula Plaza Shoe Department Store An exclusive collection of ladies and men's designer shoes Made in West Germany. i
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  • HOME NEWS
    • 340 3  -  By BOEY KIT YIN PRODUCTIVITY SAVINGS of more than $575,000 are expected to be made by National Semiconductor over the next 12 months with the implementation of 10 quality control projects. The projects, which took an average of four months to plan,
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    • 332 3 THE VOCATIONAL and Industrial Training Board (VITB) is reviewing its training courses for the 1990s to meet changing manpower needs and projections of school leavers. In a study conducted to review the courses, the VITB recently sought the views of more than 600
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    • 129 3 ITALIAN car manufacturer Alfa Romeo has plans to increase its Singapore market share to 4 per cent by mid-1966 from 2 per cent at the beginning of this year. To achieve this, its new agent, Milan Auto which took over from City Motors earlier
      129 words
    • 212 3 THE ECONOMIC Development Board has formed a group to coordinate all its industry courses and manage its cooperation projects with the industry. The Applied Technology Group will undertake and coordinate project work with industry, and act as a conduit for the transfer of technology from
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    • 161 3 ONE THOUSAND insurance agents and brokers will stay at Singapore's Westin Stamford for the 1987 convention of Crown Life Insurance Company of Canada. The insurance agents and brokers from the company's operations in North America, UK, Hongkong, the West Indies and the Caribbean, will
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    • 413 3  -  By CHUANG PECK MING REVENUE COLLECTED by the Skills Development Fund dropped 38 per cent in the first three months following the halving of the SDF levy. Latest figures from the Department of Statistics show that the SDF levy collection for the period
      413 words
    • 88 3 A QUESTION ON HOW government revenue will be affected by the recent tax concessions to boost the economy will be raised when Parliament sits on Oct 31. Mr Chng Hee Kok, the Member of Parliament for Radin Mas, will pose the question to Dr Richard Hu, the
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  • Page 3 Advertisements
    • 72 3 if n a Take three guitars. add three lovely Filipinas in perfect vocal harmony and what have you got? A wonderful repertoire of evergreens, pop and country hits to keep you enthralled all evening at the Hilton's lobby Lounge. The Candy Bars entertain Mondays—Thursdays Bpm 12.45 am (till 1.45 am)
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    • 192 3 But only until Oct 31 1985 If you open a fixed deposit account with us today, your money will be earning more interest than it could with any other bank in Singapore. We are paying 6'/4% per annum on 1-month, 6% per annum on 2-month, 5V4% per annum on 3-month
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  • Page 4 Advertisements
    • 389 4 Some CTVs have the knack of growing on you. K--14 TC-AL2IOO 21 (54cm) m SIH I r TC/-L2lOO with National N\ -h\> Hi-Fi VCR t <■ xv tot*: m kS- 4# r '-V National TC-AL 2100 with National NV-850 Hi-Fi VCR and Technics Sigma VIOX Hi-Fi System Stereo. The Quintrix
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  • OVERSEAS
    • 916 5 ARRIVALS Operator Sorvico number Locol time From PAA PA2I/5 0020 LAX/TYO/HKG KAL KE697 0040 SEL SIA SQ4I 0605 MAA SIA SQ43 0750 DHA CAL CKHO 0750 JED/DHA MAS MH681 0820 KUL MAS MH603 0905 KUL SWR SRI 76 0935 GVA/ZRH/BKK MAS MH81I 0940 PEN SV SV378 0940
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    • 618 5  -  Delegates prescribe measures for a healthy international system By SOH TIANG KENG THE JOINT MEETING of the International Monetary Fund and the World Bank entered its third day yesterday with suggestions on how to beef up the world economy. Speakers from Asia, the Pacific, Europe, Africa
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    • 254 5 UPI WEAK GROWTH AND rising protectionism in the United States, Europe and Japan have clamped a "growing financial squeeze" on developing countries that could derail their recent economic progress, the World Bank warned yesterday. In a generally gloomy short-term forecast for the global economy, the
      UPI  -  254 words
    • 343 6 Approval for plan to balance budget by 1991 NYT ENDING A WEEKLONG deadlock, the US Senate has given overwhelming bipartisan approval to a plan to require a balanced budget by 1991. The plan was passed 75-24 on Wednesday, with strong Democratic support, from liberal to conservative. Senate
      NYT  -  343 words
    • 119 6 AP AMERICAN Defence Secretary Caspar Weinberger said he regretted that the Soviet Union had shown "no interest" in reaching a superpower agreement on terrorism. Without specifically noting terrorism in the Middle East targeted against Americans and more recently, Soviet diplomats Weinberger told the National Press
      AP  -  119 words
    • 258 6 FT NIGEL LAWSON, Britain's Chancellor of the Exchequer, hinted that the basic rate of income tax might be cut for the first time since 1979 in addition to a rise in tax thresholds. In a speech to the Conservative Party annual conference
      FT  -  258 words
    • 139 6 AFP THE YEAR 2000 will bring a billion pairs of shoes to Soviet citizens, colour TVs for "nearly everyone" and running water for all, according to an ambitious new production plan for consumer goods and services that illustrates the Soviet Union's lag behind
      AFP  -  139 words
    • 244 6 AP BRITISH COURTS will be empowered to seize the assets of drug traffickers and jail those who violate currency laws for up to 14 years, the government said on Wednesday, announcing a new crackdown on drug abuse. Home Office Minister David Mellor, addressing the ruling Conservative Party's
      AP  -  244 words
    • 301 6 AFP SEVERAL TOP government officials in the Philippines pocket handsome amounts monthly, far beyond legal pay scale limits, through membership of governing boards of state-owned or controlled companies. Manila's economic newspaper, the Business Day, said yesterday that the Commission on Audit (COA) had listed
      AFP  -  301 words
  • Page 5 Advertisements
    • 117 5 Rrn Am Clipper Class. aura iTrsii An Economy Ticket WORLD'S FINEST WHOLE-BEAN COFFEE BONCAFE is 100% pure, freshly roasted, choice coffee beans from the key regions of Costa Rica, Colombia, Brazil and Kenya. Packed in a special gold foil bag to seal in the original freshness of good coffee. And
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    • 165 5 There are no bamains \v 4 y. v» m i 3 Q a vO*JNr> 'SOl -KLENDEI) SCOI ZtIISYS •"VAS »KOT llt s 'ur c 3**. &Ac i /.//<r ///os/ other hixiines in lite. u hen on hav scotch whiskw von yet what von pa\ ioj And while Jii\v/s AV; S
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  • Page 6 Advertisements
    • 200 6 I in ITS [v I a m v* -7 v v>• j >-*' t. A vv *f •7* -i p* >. vf y fg. r< -v *'S 'w* aer H* v-^o. SL v».7;; J v Qantas offers four non-stop flights each week to Perth, sunny capital of Western Australia. On
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    • 257 6 'Parbi .07 /uiorKUi M xvm i\ The star erf the luxury condominiums on Holland Road. ABsworth Park is probably one of the last luxury condominium residences to be built on Holland Road It offers you a rare opportunity to invest in a home with Singapore's most prestigious address Choice Apartments
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  • Page 6 Miscellaneous
    • 73 6 Doonesbury OKA/, Ml KB, THAT UTTLB BOX TO YOURRJ6HTIS CALLED WHOOP MOU5e: BY CLICKING IT, YOU J SELECT PIFF&&TT PROGRAMS TO MATCH THE PROFILE OF THB OPERATOR. OKAY, FiRBHERUP! 2 8 m a P3? -BING!: HI, THERE! WO ARB YOU? OKAY, THIS ONES CALLEP *USER~ FRJENPLY" ENTER YOUR NAME ANP
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  • AIR CARGO
    • 252 7 ARRIVALS DEPARTURES Operator Flight Local tint* From Operator Flight iwmbw Local tMM For FRIDAY KAL KE697 TMA TL35I 0040 1130 SEL BEY/SHJ KUL NW KAL KAL JAL TMA TMA FT NW906KE697 KE698 JL6I5 TM35I TM352 FT76 0210 0325 0325 0905 1230 1230 0150 HKG/NRT/ LAX/SFO BKK/ (SEL) BKK/
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    • 185 7 FREIGHT FORWARDER Pandair International, which currently has a full service office in Tokyo, is expanding its operations further in Japan by opening another office in Osaka and a third at Narita Airport, Tokyo. "The increase in Japanese business activity and the establishment of
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    • 128 7  -  By KINGSLEY WOOD Q ANT AS has sharply reduced freight charges on its new weekly service from Perth to Brunei from A 53.51 a kilo to $1.30 for consignments of loose perishable cargo with special rates for different sizes of containers. Its cargo manager
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    • 408 7  -  By LIM SOON NEO THE GROWTH in air cargo in the first half of this year slipped to only 1.8 per cent, and if this rate continues for the remainder of the year, 1985 will be the year which records the lowest growth in
      408 words
    • 634 7  -  By YAP BOH HOON THE LOCAL AIR FREIGHT industry welcomes the government's proposal to tap transhipment cargo through sea-air cargo links, particularly on the Japan-Europe route. With the current slack in cargo traffic, agents as well as carriers feel that sea-air shipments will be
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  • Page 7 Advertisements
    • 203 7 mm c.-. ~-Y*S ..<• SSfc. *•<- <■ *.v •j f** *§r Rsf .J > wsm >* £t%k j a Si ,A+ "< r V v r«a -v. k: M 34. ;>.!« l A f'Tf ii**- V. /Ktwr •The Balmoral is set on a hill with good 'Feng Shui'—a luxurious condoJL
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  • FEATURES
    • 515 8 IT'S ENCOURAGING TO SEE three leading hotels, all of which have managed to maintain decent occupancy rates in these difficult times for the industry, make the move to lower their published room rates. By taking this step, the Shangri-La, Marco Polo and Royal Holiday Inn
      515 words
    • 1380 8  -  With the glut in hotel rooms, Singapore has become the best buy, in terms of value-for-money accommodation, in the region, if not the world. Australian tour operators especially have been quick to take advantage of the progressively worsening occupancy to give reduced rates to Australian
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    • 280 8  -  letter to the Editor k Another Pan-EL Shareholder Dear Sir, The absence of any response by the directors to the letter by "Pan-Electric Shareholder" (Tuesday, Oct 1) is disappointing. After all, he is proposing more money, not less. In 1962, the late and much respected
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  • Page 8 Advertisements
    • 50 8 Lufthansa. The European Express I. N Lufthansa has direct flights to Frankfurt. From Frankfurt there are swift and convenient connections to 58 European destinations. And, as with any good express service, Lufthansa's return flights will bring you home just as conveniently, just as swiftly. Lufthansa German Airlines z J) 8
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    • 128 8 MONT BLANC 4C~ 7 Vr<tf.YA MONTBLANC THE ART OF WRITING .meisterstOck- the pride of the MONTBLANC Collection is probably the most famous writing instrument of our times. Representing the best in design, it combines technical excellence and perfect styling from the piston-filling system to the 14-carat gold nib and the
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  • Page 8 Miscellaneous
    • 672 8 CRYPTIC PUZZLE ACROSS 4 Stiffening for chorts? (6) 7 Treat Poe to o light musical orrangement (8) 8 Seemed good-heorted (6) 10 Robert has plenty (5) 13 Flaps Wee bats, possibly (4) 14 There may weH be money m it (4) 15 Too simple to be wed mannered' (4) 16
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  • SPORTS
    • 190 9 Body Language THE DESIGN of a corporate fitness facility is often as important as the design of the corporate fitness programme itself. The basic design and ambience of an area can entice employees to exercise regularly or it can turn them off altogether. Providing an environment
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    • 622 9 AP ON THE roller-coaster ride of playoff baseball, Lloyd Moseby and the Toronto Blue Jays hung on on Wednesday and got the best thrill of all. Moseby was the centre of controversy in the top of the 10th inning in game 2 of the
      AP  -  622 words
    • 264 9 Reuter TOP SEED Yannick Noah put France's Davis Cup misery behind him and beat Chilean Ricardo Acuna in the first round of the U*****,000 Toulouse Grand Prix tennis tournament on Wednesday. The former French Open champion, playing his first match since Yugoslavia eliminated France from
      Reuter  -  264 words
    • 357 9 AFP DOUBLE WORLD TITLE-HOLDER Michael Spinks was on Wednesday stripped of his World Boxing Council (WBC) light heavyweight crown because of his heavyweight triumph last month in a bout organised by a rival body. A WBC convention in Bangkok decided that Spinks, who defeated
      AFP  -  357 words
    • 106 9 AP SOCCER HOOLIGANS, hurling gasoline bombs and rocks, fought with 300 policemen, overturned cars, set one store on fire, looted two others and smashed shop windows. The violence on Wednesday night broke out after Leicester's football team scored a 1-1 draw against rival
      AP  -  106 words
    • 488 9  -  By WALTON MORAIS SINGAPORE has been picked as ho6t for the qualifying tournament of golf's richest championship next year and local officials reckon it will inject $1 million to the economy. The Singapore Professional Golfers' Association told BT yesterday that the qualifying tournament for
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    • 269 9 AFP WELL-ORGANISED Japan, unimpressed by its bigger French opponents, was finally beaten 44-17 by a French selection containing six internationals in Strasburg on Wednesday night. The Japanese surprised onlookers by stopping the French at the touch line during much of the first half, and taking
      AFP  -  269 words
  • Page 9 Advertisements
    • 89 9 The Down-turn. How to reverse it. Before it's too late. Relocating your business to West Malaysia could be your answer And we can help you We'll locate for you the right property and provide you with expert business management and financial services Call us now for a confidential discussion While
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  • Page 9 Miscellaneous
    • 1239 9 to QHD [aiMi© i i »> f During a Christmas radio intarviaw, Fays Dunaway, as lagandary star Joan Crawford, and hsr adopted childrsn Mara Hobal and Jaramy Scott Rainbott profoct an imaga of familial lovs. FRIDAY NIGHT MOVIE Mommia Doarast 10.10 pm, Channal 5 This movie is based on the
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    • 31 9 eveßv Time. t GOOND THIS coWe.R SEjE. "TH€_CHEST<cR- PeRKY EotLDtNO LOOm f4G i F€£i- sack tg» my sibnnptCH.... SkS raga lil I SOE- T PvS RN pONrfEMTORe PIPvVC^aDO^D gjes Til V
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  • INTERNATIONAL STOCKS
    • 310 10 Reuter SALOMON BROTHERS Inc has decided that its newlyacquired bond brokerage firm, renamed Liberty Brokerage Inc, will serve the 36 primary dealers in government securities and not the market as a whole, according to bond market sources. The Salomon decision to limit access to
      Reuter  -  310 words
    • 153 10 Reuter VOLKSWAGEN of America said it would introduce to the US market late next year a cheap new car built in Brazil. Its president, Noel Phillips, said the new car would sell for something less than the U556,900 charged for the Golf, the
      Reuter  -  153 words
    • 310 10 Reuter WALL STREET posted a small gain on Wednesday with the help of food stocks which climbed on speculation that several could be ripe takeover targets. The Dow Jones Industrial Average added 1.23 to 1326.72. Advances led declines by 842 to 603. Volume
      Reuter  -  310 words
    • 131 10 Reuter HANSON TRUST is seeking a restraining order that would stop Manufacturers Hanover from distributing any of SCM's assets held in escrow to Merrill Lynch and Co. A Hanson spokesman said the company also intends to institute a damage claim action
      Reuter  -  131 words
    • 227 10 OCT 09 Uimc 600 20 Wootworth ***** MOUSTtUiS MGS A Alpha 850 unch WV) Ab«fcon> AE And a Amopfop AA*C 153 780 470S 2825 inch unch Anglvoal DUTTMI 1460 7275 725 -25 inch 15 C G Smith CNA II10 2350 2555 5 unch 10 -7 Charter Com Gold Cam
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    • 652 10 OCT 09 us* AJcon AJlttwi Alcoa Lud AJkad Own Cp AJkad Storat Afc-Chaknar* Am Brandt feK Am Broodcoat Am Can Co Am Cyanorrad Am Boc Pwr Am Exprai* Am Horn* Prod Am Motor* Cp Am Nolwd Got Am Td Tel. Amax Ik Amarodo Hw AMF knc Amr Corp
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    • 883 10 Amsterdam OCT 09 Fh ABN 486.30 +4 5 94 00 5 3 Ahold 252 50 +3 5 Akio 118 80 2 7 AJVtfV 69 50 -200 5 Amro Bank 83 40 +05 38 20 02 Bofc ***** +10 Boikafa BKM T.t 9750 unch Catand CM M, EJMVMr 133
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  • Page 10 Advertisements
    • 448 10 %0/55 L a'.d' H X WSiere to wlae, mid entertain tmmm m m. /'S. > n wTrflii aires A traditional Genua carnival of i beer-drinking, dudnj and yodelling. October 9- 13,1985 7.30 pn nightly Garden BaOrooa (2nd Floor) Royal Holiday inn Singapore Partake of authentic Bavarian fare and over-flowing beer;
      448 words
    • 132 10 T London stocks t on Pago 14 Pvwl •WJ >/,Jr r II I r jm r,v: LOMMgB Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body M Soul from the Philippines. They'll captivate you! Happy
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  • ASIAN STOCKS
    • 365 11 HONGKONG: Share prices yesterday closed little changed in quiet trading in the absence of fresh factors. The Hang Seng index closed 1.14 higher at 1589.13. Turnover was HK5168.96 million. Wah Bank rose 14 cents to close at 84 cents on a local newspaper report that China International Trust and
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    • 142 11 BANGKOK: Prices edged up in quiet trading after declines in four previous sessions although investors continued to stay mostly on the sidelines, brokers said. The Book Club index gained 0.20 points to 130.81 with the turnover dropping to a 15-month low of 55,556 shares worth 9.7 million baht, down
      142 words
    • 471 11 SYDNEY: High institutional liquidity and a strong demand for quality stock pushed Australian share markets to their fifth successive record close. Brokers said the market was led by diversified resource stocks, with BHP, which firmed 32 cents to $8.82, keenly sought after Adsteams' announcement on Wednesday on its 13.5
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    • 73 11 MANILA: Share prices closed generally unchanged in quiet trading. The Commercial and Industrial index rose 2.66 to 172.15 while the mining and oil markers were unchanged at 678.96 and 0.779. OCT 10 Ohantd B Ptakx B 0014 0 U unch 0005 Angto Phi 0.001 unch 0 0075 -***** HOT
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    • 94 11 OCT 10 Won Hyundai Contt 910 5 Hyundoi Motor 918 1 Bonk Sccxi 722 -6 K/SL 480 unch Choheung 707 -1 Korea fm 742 ■4 Conwwcio* Bk 745 i Yukono 1335 5 Dodm Ind 565 10 Korea Stvp 435 -1 Docwoo Corp 485 5 Lucky Ltd 612 2 Doewoo
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    • 233 11 FT THE EUROPEAN Commission this week extended protection of the EEC electronic typewriter industry by imposing a provisional anti-dumping duty of 28 per cent on the products of Nakajima All. The company is the only Japanese exporter not caught up in a June decision
      FT  -  233 words
    • 169 11 AP AN AFFILIATE of Nissan Motor Co has agreed to establish a joint venture in north-eastern England with a British car parts manufacturer, Nissan officials said on Wednesday. Ikkeda Bussan Co, a car-parts maker owned 48.8 per cent by Nissan, and Hoover Universal,
      AP  -  169 words
    • 333 11 Reuter JAPANESE and European steel companies are bidding for a steel pipe order to supply Iran's planned pipelines, two from the northern oil field of Ahwaz to the Pars gas field and one from Pars to the port of Asaluyeh, 400 km west of
      Reuter  -  333 words
    • 160 11 Reuter NIPPON OIL plans to start oil exploration in the US with other Japanese oil companies, helped by financial support from the semigovernmental Japan National Oil Corp. Nippon Oil president Yasuoki Takeuchi said his company, Japan's largest oil distributor/refiner, and other
      Reuter  -  160 words
    • 139 11 Reuter HYUNDAI HEAVY Industries of South Korea will sign next week a 30-month USIIO4 million pre-deliv-ery credit facility and a $33.39 million five-year post-delivery facility, Hyundai Heavy officials said. The package, to be used to help finance construction of four semisubmersible drilling rigs for Ocean
      Reuter  -  139 words
    • 70 11 Reuter INDOGULF Fertilisers and Chemicals Company of India plans to sign a US$4O million loan in Hongkong, lead manager BT Asia Ltd has said. The loan, supported by an Italian export credit, will mature in 11 years and three months. It will be drawn down in 39 months
      Reuter  -  70 words
    • 68 11 Reuter CATHAY PACIFIC AIRWAYS, a subsidiary of Swire Pacific, will exercise an option to buy a Boeing Co 747-300 extended upper deck aircraft for US$9O million. Cathay Pacific said the new air- craft will be delivered next November. The option came with former orders
      Reuter  -  68 words
  • Page 11 Advertisements
    • 519 11 4m Wfc&et to wiae, dim a«id For a Beranakan Buffet Lunch so good, even Norryas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for only S$ 14.00++ per person. The Luna Coffee House,
      519 words
    • 127 11 Savoury Delights Await Yoq At •Homg bug DUk Xin For reservations call 235 2698 or 734 6622 ext 141/144 5 T 11 Luck: llu-Jpa Dinner 6pm-11 pa Mtaamiiji_MmToti_ Ample Free Parking 19 CwnM Ckde and Valet Service Snppm 0922 TH 734 6622 Oatside CBD M i i. J h y
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  • RAW MATERIALS
    • 272 12 AFP CHINA, one of the world's biggest producers of sugar, is facing a possible shortage of the key commodity by 1990 in spite of increases in its output and imports. The English-language China Daily yesterday quoted Li Xuezhi, the vice-director of the Light Industry Ministry's
      AFP  -  272 words
    • 334 12 AFP TOTAL COPPER OUTPUT in the "non-socialist world" is expected to rise this year despite weak prices over the last 12 months, although prospects for consumption ~are not particularly bright, according to analysts Shearson Lehman Brothers. In their annual review of the copper industry,
      AFP  -  334 words
    • 97 12 AFP MALAYSIA had sought Indonesian cooperation in marketing primary commodities, particularly palm oil, Prime Minister Mahathir Mohamad said on his return after a one-day visit to Indonesia. He said cooperation between the two countries was important as both the countries shared the
      AFP  -  97 words
    • 142 12 Reuter THERE IS LITTLE prospect of a major recovery in copper prices in the near future, with world output of the metal set to exceed demand by 1987 for the first time in nearly half a decade. Shearson Lehman Brothers said prices for cash copper on
      Reuter  -  142 words
    • 192 12 Reuter US COMMERCE SECRETARY Malcolm Baldrige said he believed the Soviet Union was about one million tonnes short of the US wheat it agreed to purchase. Mr Baldrige said the Soviet Union had purchased more corn than required under its agreement with the
      Reuter  -  192 words
    • 167 12 AFP THE COMMISSION of the European Economic Community has rejected a French request for permission to buy 200,000 tonnes of feed grain at reduced prices to help farmers hit by drought. Agriculture Commissioner Frans Andriessen said in Strasbourg, France, that the EEC budget
      AFP  -  167 words
    • 168 12 SINGAPORE THE MARKET yesterday closed slightly higher with November One RSS buyers quoted at 164.25 cents per kilo, up 0.50 cents from Wednesday. The morning session gained 0.50 cents following firmer overseas advices. Prices held steady at around lunch time levels in quiet afternoon trading, dealers said. MALAYSIA Continued
      168 words
    • 297 12 Singapore C-l Ord unq (S$/kilo, ei godown) Loonzain Rice Frog rant new crop 1st 0 7A 100% 1st grade 100% 2nd grade unq 215 2nd 0 54 100% 3rd grade unq 3rd New Crop 25% 10% 0 52 no stock no stock Parboiled Rice 5% 10% 215 210 Thai
      297 words
    • 205 12 WHEAT FUTURES on Wednesday closed V/t to three US cents a bushel higher in fairly active trade. December ended near the top of a six cent range. The market re-estab-lished its uptrend after initial losses on heavy selling by C and D Commodities, estimated at 7.5 million bushels in
      205 words
    • 131 12 MALAYSIAN crude palm oil prices yesterday closed off the day's highs on renewed selling in the afternoon following India's reluctance to accept the lowest palm olein offers at its weekly tender, dealers said. The refined palm oil market saw covering activity for RBD olein in view of India's
      131 words
    • 111 12 THE KuU Lam par Tin Market (KLTM) yesterday ended unchanged from Wednesday's close of M $29.15 per Wo, as the bnffer stock manager maintained his strong snpport at this level. The fall in disposal sf 144 tonnes against 115 on Wednesday also aided sentiment. The BSM took most
      111 words
    • 152 12 Yarn (In HK$ per bale of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,500 Blue Phoenix 20's 2,550 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Carded yarn, hank Blue Phoenix 21 s 2,750 Combed yarn, cones Blue Phoenix 32's 4,100 Blue Phoenix 40's 4,300 Open-end yarn
      152 words
    • 189 12 SOYBEAN FUTURES on Wednesday ranged from up IV4 cents a bushel in May to down 3Mi cents in distant November at the close. Trade talk o( large Soviet purchases of US or Argentine soymeal boosted meal futures, which spilled over into soybeans. Commercials took advantage of widening crush rates
      189 words
    • 467 12 COFFEE ROBUSTA COFFEE futures yesterday moved little from easier midmoraing levels and at the midday recess stood £12 to £8 lower, mainly on light local selling activity. At the midday recess second position January was trading £8 down at £1,634 from its traded high/low of £1,635/1,630. Near November
      467 words
    • 340 12 RAS prices S cents/kg, FOB in 1 wles NOON CLOSE Buyers C -tl JWffS Beyers Setters Int 1 RSS Prompt 162 00 163 00N 162 00 163 00N lot 1 RSS Nov 85 164 25 164 50 164 25 164 50 Int 1 RSS Dec 85 164
      340 words
    • 104 12 (cants/kg, 1-ton pallets) NOV 85 DEC 85 (curront month) (forword month) NOON NOON RAS Bwy«n StHtn l U y, n SSR 20 148 00 I50 00N 149 00 151 00N SSR 50 146 00 I48 00N 147 00 I49 00N MRELB Sg|m SMR CV 207 00 209
      104 words
    • 155 12 Chinese Produce Exchange Robusta 20/25% FOB NSW 440 00 (Sellers' noon clouftg Oct 10 (SS/100 kg). prices on Nutmeg 110 FOB NSW E&W FOB NSW 471 00 338 00 Coconut oil Bulk FOB 75 00 Gontbier 330 00 Old drum FOB 88 00 FOB NSW New drum FOB
      155 words
  • Page 12 Advertisements
    • 253 12 NOTICES PTE LTD (Menken' Vatantary WtorftogUj) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 111 North Bridge Road #26-03, Peninsula Plaza, Singapore 0617, on 4 October 1965, the following resolutions were duly EESOLVED:SPECIAL RESOLUTION (a) That the company be wound up voluntarily pursuant to
      253 words
    • 277 12 la the matter tt lie Cempeelee Act Qtf. IK Mi la Ike anittcr «f O 8 SHIPPING PTE LTD (Meanken' Veiaatary WtoitogUp) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 111 North Bridge Road #26-03, Peninsula Plaza, Singapore 0617, on 4 October 1985, the
      277 words
    • 275 12 b the matter af The Cwnpuid Act Cap. 185 ui I> the matter «f BILIS SHIPPING PTE LTD (Member** Voluntary Winding Up) At an Extraordinary General Meeting of the abovenamed company duly convened and tield at 111 North Bridge Road #26-03, Peninsula Plaza, Singapore 0617, on 4 October 1985, the
      275 words
    • 276 12 THE COMPANIES ACT, CAP. 1M (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of UNI-COMBINES SERVICES PTE. LTD. duly convened and held at 50 Robinson Road, #09-00 MNB Building, Singapore 0106, the following resolutions were duly passed as:— SPECIAL RESOLUTION That the Company be
      276 words
    • 282 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 186 T.K.H. SEALANT PTE. LTD. (Memben' VHuUrj Winding lip) At An Extra-Ordinary General Meeting of the above-named Company duly convened and held on 5 October 1985 at 12 noon the following Resolutions were passed: As A Special Resolution RESOLVED that the
      282 words
    • 267 12 la the Matter «f THE COMPANIES ACT, CAP. IK. Aml la the Matter af AITHO VISUAL ASIA (PTE)LTD At an Extraordinary General Meeting of AUDIO VISUAL ASIA (PTE) LTD., duly convened and held at 100, Jalan Sultan, #08-07, Sultan Plaza, Singapore 0719 on Ist October, IWS, the Special Resolution set
      267 words
    • 213 12 ,'fl i),TI PROPERTIES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on October 10, 1965 the following special resolution was duly passed: "That the Company be wound up voluntarily and that Mr Vincent L Faraone be and is hereby appointed the
      213 words

  • SHARE INFORMATION
    • 4422 13 A SPATE of selling towards the final hour of trading short-circuited an early rally on the Singapore stock market yesterday. Speculative Malaysianbased issues bore the brunt of the selling pressure yesterday, but a handful of Singapore counters, principally bank stocks, held up pretty
      4,422 words
    • 276 13 Duff De» M Booking 1 c s DBS T~ Kuanp Emoi Soo Vm» 0 C C Hum* M Doll Yung U M Flow TDM Srti Mm k KnUiflh loir Eioct N 8 T Kentucky S SINGAPORE Rises Indices un -J* Oct 9 Oct 10 lis 8T Composite
      276 words
    • 4810 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,810 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 530 14 iMLH AS PART OF its recommendation of selected accumulation of blue-chip stocks, London stockbroking firm Grieveson, Grant Co has singled out Cerebos Pacific Ltd as a stock to buy. In its September investment research bulletin, The Dragon, it reckons that Cerebos is "due to enter a
      530 words
    • 107 14 HONGKONG Hong Seng Index Wednesday 11?? a Week ago 1471 o Thursdoy 1589.13 Wednesday 1587.99 NEW YORK Week ago 1581.07 Dow Jones Wednesday 1326 72 TOKYO Tuesday 1325 49 Tokyo Nikkei Week ago 1333 67 Thursday closed Wednesday ***** 20 Week ago ***** 86 Standard Poors Wednesday 182.52
      107 words
    • 278 14 Managers' prices for Oct 11 MARA-Bumiputra First 6'putro 5 15 5 20 Singapore Unit Trust Second B'putro Third B'putro 4 77 4 82 3 85 3 90 The Commerce 1 80 1 91 Fourth B'putro 4 20 4 25 The Sovmgs Fund 1 32 1 40 Fifth B'putro
      278 words
    • 3880 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS A Choc (3 08S) (4) 3 08 02) 3
      3,880 words
    • 266 14 PEAK HUA Industries Bhd has sunk deeper into the red, bogged down by a heavy debt burden and not too bright trading conditions for building materials during the first half of this year. The group reported pre-tax losses of M 53.71 million for the six
      266 words
    • 122 14 BENTA PLANTATIONS Berhad: 63rd AGM at the Negara Room, The Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur on Tuesday, Oct 15, at 10 am. ROTHMANS INDUSTRIES Limited: 6th AGM at Virginia Park, 905 Bukit Timah Road, Singapore 2158 on Tuesday, Oct 15, at noon. TRACTORS MALAYSIA Holdings
      122 words
    • 487 14 MALAYSIAN Resources Corporation Bhd (MRCB) has confirmed that it may have to hive off some of its assets from its manufacturing and other divisions to raise funds for its long-term diversification plans. Group managing director Datuk Chan Wan Kah said the cash from
      487 words
    • 193 14 THE KUALA LUMPUR stock market closed on an easier note yesterday, with most of the special situation issues coming under some selling pressure. Share prices opened around overnight levels and thereafter rose on renewed buying during the first hour of trading. However, there was
      193 words
    • 990 14 SHARE PRICES opened firmer yesterday in more active trading than of late, helped by UK Chancellor of the Exchequer Nigel Lawson's forecast that inflation should decline below 4 per cent by the middle of next year and on new time buying. At I.oopm, the FTSE 100 Index was
      990 words
    • 314 15  -  By CHAN OI CHEE AFTER DELIBERATING for more than two months about reducing capacity, five major shi-p-repairing yards in Singapore and Malaysia have tinally decided on a plan to start next month. The five yards, Hitachi Zosen Robin Dockyard, Jurong Shipyard,
      314 words
    • 70 15 MBf HOLDINGS BHD announced yesterday that it will have a 25 per cent stake costing M$50,000 in the joint venture with MGS Services Ltd of Hongkong. The joint venture company will be incorporated in Malaysia and will provide counter trade services to foreign contractors who are obliged to
      70 words
    • 172 15 MR PETER POLITIEK, the former managing director but still a substantial shareholder of takeover target Van der Horst, is not accepting the revised two-for-five share bid by Malaya Tin Printing. Singapore International Merchant Bankers, the advisers to Van der Horst on the takeover, said
      172 words
    • 471 15  -  By HOMER CHEN CIGARETTE MANUFACTURER Brit-ish-American Tobacco Company (S) Ltd (BATS) is gearing up for the Chinese market. Sales to China through its sister company in Hongkong, BAT (HK), are estimated at one billion cigarettes this year slightly more than half
      471 words
    • 295 15  -  By NAJEEB JARHOM THREE MONTHS after announcing a multi-million dollar cash investment in two property companies, Malaysian Containers (1974) Bhd disclosed yesterday that the acquisitions will cost MJ4.11 million more. Instead of paying a total of $18.98 million for a 65 per
      295 words
    • 503 15  -  Undaunted by injunction on Allied Chocolate shares By AMY CHEOK SYDNEY-BASED MALAYSIAN businessman Mr Lee Ming Tee will proceed with his grand plans in Singapore and Malaysia, unworried by an injunction to stop him collecting shares in Allied Chocolate Industries. Mr Lee has
      503 words
    • 295 15 NEW STOCK MARKET entrant Dayapi Industries (Malaysia) Bnd has made its first major acquisition as a listed company. The Yap Peng-led quarry operator, which is also involved in housing development and the manufacture and supply of premix, is spending M 57.55 million cash
      295 words
  • Page 14 Advertisements
    • 402 14 notices OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME Notice is hereby given that in consequence of the intended change of name of a ship by our clients. Ms Bore Line (Singapore) Pte Ltd we have applied td the Registrar of Singapore Ships under Section 417 of the Merchant Shipping
      402 words

  • Page 15 Advertisements
    • 10 15 Keep your investment decisions on target HARTPOINip EVERY SATURDAY X
      10 words
    • 292 15 i i "AUTOMAGNIFICATION" FOR CREATIVE COPYING. "Automagnification" lets you create professionallooking copies in seconds! Choose the copying ratio, and the SF-8200 automatically selects the paper size. Or choose the paper size, and different size originals will be automatically enlarged or reduced to the size you select. If your original is
      292 words

  • 753 16  -  By MANO SABNANI THE CREATION of a free trade agreement between the US and Asean nations is being actively pursued, the US Trade Representative Clayton Yeutter said in Washington on Wednesday. He told BT that the proposal for a more liberalised system was now
    753 words
  • 409 16 SIGNS OF a pending pickup in construction activities, which are evident in latest government figures, have proved misleading. There was an increase in both the number and the value of development projects given planning approval between this April and June, according to construction figures just released
    409 words
  • 79 16 Reuter A COUPLE has been charged with swindling US$5.4 million from the office of Singapore Airlines in Medan, Antara news agency said yesterday. State prosecutors said Dewi, alias Lim Jie Jin, 31, and her common-law husband Kaji, 32, cheated the airline while Dewi was working
    Reuter  -  79 words
  • 231 16 Reuter FAR EAST Economic Review correspondent James Clad said yesterday he had been arrested under Malaysia's Official Secrets Act and would be charged today in Kuala Lumpur. Police questioned Clad, 38, in August in connection with an article he wrote the month before quoting a confidential
    Reuter  -  231 words
  • 268 16 VIETNAM yesterday warned it would not allow any more people to emigrate until the US had cleared a backlog of 80,000 already granted exit permits by Hanoi. Vietnamese Deputy Foreign Minister Hoang Bichson said in Bangkok the backlog of people applying to leave under
    268 words
  • 125 16 AFP NEW ZEALAND yesterday said it would set up a committee to study its defence needs, as Premier David Lange scorned as "geriatric generals" former defence chiefs who criticised his anti-nuclear policies. Speaking at a news conference in Wellington, Prime Minister Lange said the
    AFP  -  125 words
  • 397 16  -  By JEFFREY TSANG SGS SEMICONDUCTOR'S efforts to make electronic silicon chips in Singapore will continue even though its other plant in Toa Payoh has plans to retrench about 100 workers next week. Dr Guido Zargani, the company's managing director for
    397 words
  • 105 16 Reuter COMEX GOLD FUTURES steadied yesterday on mixed buying from bargain hunters after an early decline. December delivery was unchanged at U*****.00 an ounce. The initial selling from commission houses was satisfied at $328.20. The market was quiet in front of last night's report on the
    Reuter  -  105 words
  • 74 16 Reuter THE NEW YORK stock market slipped lower in early trading yesterday, continuing a downtrend that started late on Wednesday. The Dow Jones Industrial Average was off one point to 1326. Declines had a small lead over advances on turnover of 6.50 million shares. Coca-Cola led the
    Reuter  -  74 words
  • LATE FILE
    • 41 16 AFP BURMESE government troops yesterday launched attacks for the third consecutive day on two ethnic insurgent bases. Thai police said the latest fighting followed disclosures that western nationals were involved with the pro-independence Karen guerillas. AFP
      AFP  -  41 words
    • 36 16 AP A MAN convicted of masterminding bombing attacks in Jakarta last October told a court yesterday that Hartono Rekso Dharsono, the ex-Asean secretary-general, was "innocent" of any part in the bombings. AP
      AP  -  36 words
    • 37 16 Reuter NEW APPLICATIONS for unemployment insurance benefits in the US fell to a seasonally adjusted 367,000 in the week ended Sep 28 from 375,000 the prior week, said the labour department yesterday. Reuter
      Reuter  -  37 words
    • 50 16 AP YUL BRYNNER, who made a career playing the bald, autocratic monarch of Siam in The King and I, including a record 4,625 performances on stage, died yesterday. He was 65. He died of multiple complications that came as a result of what was originally cancer. AP
      AP  -  50 words
  • Page 16 Advertisements
    • 166 16 EXPATRIATE COMMENTS AB< HJT ARDMORE PARK NO 3 IS W? At Ardmore Park, a typical Sunday morning with our neighbours is spent playing tennis, swimming, sunbathing and lunching on curry by the pool The kids never had so much fun: we have never made so many friends' Living at Ardmore
      166 words
    • 179 16 Automatically, the choice on fax is clear The selection ot the right facsimile depends not onlv on the product features. It nas to depend on reliability. And reliability in all Panafax facsimile is the result of research and development at Matsushita Fleetric. the parent company ot National Panasonic and Technics.
      179 words
  • Page 16 Miscellaneous
    • 52 16 mumm Outlook for today: Cloudy with occosionol slight rain. Report for 24 hours prior to 7 30pm on Oct 10 at the airport Maximum temperature 31.4 Associated humidity 63 Minimum temperature 23.4 Associated humidity 91 Hours of sunshine 0.15 Roinfoll in millimetres trace Rainfall this month 60.6 Rainy days this
      52 words

  • SHIPPING TIMES
    • 186 17 AFP CHINA'S two largest ports are to come under local administration next year to improve management and extend enterprises' decision-making powers, Chinese Vice Premier Li Peng has announced. Mr Li said that the government would hand administration of Shanghai, China's largest port, and
      AFP  -  186 words
    • 259 17  -  By G DURAIRAJ JACKSON MARINE Malaysia has secured a (32.66 million loan from a consortium of six banks led by the Industrial Development Bank of Malaysia to finance the construction of five supply boats by Malaysian shipyards. The loan, secured on Monday, is
      259 words
    • 285 17  -  -By Kinglsey Wood THE INDEPENDENT Eagle Container Line has increased container capacity on its Europe-Australia route and extended its home-bound voyage to East Asian ports. Ships of 900 TEU capacity are replacing the 500 TEU units now employed and the return service is being
      285 words
    • 248 17 CEYLON SHIPPING Corporation has decided to upgrade its Asian feeder services. A CSC spokesman in Colombo told Lloyd's List the main aim would be to tap the growing cargo potential in South Asia and to give a filip to the development of Colombo as a transhipment
      248 words
    • PORT SIDES
      • 111 17 THE UNITED Arab Shipping Co (UASC) and Sea-Land Service have entered into connecting carrier agreements for a new US/Middle East service via Pacific Coast ports. UASC and Sea-Land will link their Middle East and trans-Pacific operations between key Mid-East markets and North America. The service is scheduled to
        111 words
    • 948 18 Slow transformation of P I Assessing legal costs can be a guessing game Seatrade IF THERE is one area of shipping where there is little overcapacity, it is maritime law. As low freight rates have triggered a mini-explosion of timecharters broken on the tiniest possible legal point, litigation and arbitration
      Seatrade  -  948 words
    • 208 18 Bridge Approximate Position Verticol Clearance (Above Meon High Water Spring) 1 Sungei Pondon Lot 01° 18.45'N 3.6m (Jolon Buroh) Long 103° 45.27'E 2 Bridge connecting Pualou Merimau Lot 01° 16.59'N 9.7m and Puala Ayer Merbau Long 103° 42.72'E 3 Bridge connecting Puola Ayer Chowan Lot 01°
      208 words
    • 93 18 SHIPMENTS of Canadian grain through the St Lawrence Seaway have been reduced by 35 per cent this season by a combination of poor 1984 crop and tougher international competition. Official figures for the first five months of the seaway season to the end August show that shipments
      93 words
    • 890 18 A Top Ent X 2 AB Shpg V 5 Accord Shpg IX 2 Afea Line VI 3 Affmty Shpg IX 3 Ahrenkiel Lmer X 1 AC Toepfer X 5 Alphatrans X 3 APC Line V 4 API III 2/3 Antah Orient X 1 Arrow Lines X 5
      890 words
    • 1594 18 THE freight market on Wednesday was featured by further declines in rates for grain chartering out of the US Gulf, shipbrokers said. Grain from the Gulf to the Continent paid US$7.5O compared with $8 previously while a 25-cent decline was seen from the Gulf to Japan, at $13.
      1,594 words
    • 171 19 INTERNATIONAL freight forwarder Schenker has introduced a new deepsea container operation between Japan and the United Kingdom. Cargonews Asia reports that weekly services are being operated from Tokyo and Osaka into the United Kingdom by Schenker using both conference and non-con-ference liner vessels. Local collection and
      171 words
    • 381 19 AFP THE REPORTED reduction in Soviet oil exports to the West could provide an unexpected boost to the tanker market, according to the analysts Lambert Brothers in their world trade review published on Wednesday. They said an extra 75 million tonnes
      AFP  -  381 words
    • 152 19 AFP THE WORLD tanker casualty rate in 1964 was slightly higher than in the previous two years but still well below the average for the 15 year period since 1970, according to a report from the International Maritime Organisation (IMO). The casualty rate for
      AFP  -  152 words
    • 311 19 UPI ANGRY LONGSHOREMEN battled police at a dock in Baltimore where a freighter was being unloaded by non-union workers on Wednesday and one longshoreman was killed when struck by a police car. Officers said Jack Taylor, 59, a member of Local 333 of the
      UPI  -  311 words
    • 207 19 Oct 14-19 Expoship Riomar 85, international maritime conference and exhibition, Museum of Modern Art, Rio de Janeiro, Brazil. Oct 18-28 sth international port equipment and port economy exhibition, Leningrad, USSR. Oct 20-23 Annual conference, Maritime Law Association of Australia and New Zealand, Windsor Hotel, Melbourne, Victoria, Australia. Oct
      207 words
    • 188 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
      188 words
    • 2551 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      2,551 words
    • 787 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrivol for LCL movement Ship Voy date/time Operator cargo schedule Locotion Ntaga 21 SJ2I85 II 10 85 1900 Kalimantan F1 tooai 100 L4 Prasetia 49S885 12 I0B5 0700 Seven Seas F1 2200-2300 L4 Ratib 47S 12
      787 words
    • 1632 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg <S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdr. Bhd (PK) Amencon
      1,632 words
    • 368 26 AT CONVENTIONAL WHARVES Garudo Jaya M4A ll. 10/0900 11.10/1800 Hong Soon M4B 11.10/0500 11.10/1800 VMMl Berth Arrival Departure Indra Sakti Kalimantan 1 MIB M2A 11.10/0700 11.10/0700 11 10/1300 11 10/2300 KEPPEL WHARVES K24E Niaga 21 M2B 11.10/0700 11.10/1900 Auby alongside 11.10/0600 Niaga 22 M3A 1110/1700 11.10/2300 E
      368 words
  • Page 17 Advertisements
    • 890 17 Monthly from Pitman Available at all good bookshops and newsagents fi Orient Overseas Co*Uum&i Line Agents: MKHK SMPTMS MOCKS (R«f Ph. 242M4/MK) 70 Slwntwi Wtf *04 03 RUrma Hovsc Saipvart 0707 TO *****11 Tctem NO KS ***** CFS OFFICE TPC #***** Tel *****31 7770J3J terminal OMice TPC #03 030 Tel
      890 words
    • 72 17 Wm IF THERE is one area of shipping where there is little overcapacity, it is maritime law. Page II THE REPORTED reduction in Soviet oil exports to the West could provide on unexpected boost to the tanker market, according to the onalysts of Lambert Brothers. Page 111 Index to odvertisers
      72 words
    • 1124 17 hi Search of EXCELLENCE. <o ff This runaway best- seller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense THE BOOKSHOP MAERSK LINE INGAPORE/LONG BEACH WE DO IT IN 18 DAYS (FASTEST FROM SINGAPORE) Voy J pore EXPORT
      1,124 words

  • Page 18 Advertisements
    • 350 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Feeder VsJ •IS AC! fumi aci GLORY ACE MAMA Veutl Toy WD CLEMENT Vl5/5 NED VAN KCK *11/? TOHGO MARU V 47/5 It* BAT m/s t AJm xceptnf csr(o lo Doha t Abu Mute Pacific South WMt Pacific North Waat Faador at Tokyo
      350 words
    • 250 18 ■MS Supercarrier Service BAJtSER PERSEUS BARBER HECTOR Mu acceptnf contrs tar Houston (MLB) Francisco Oakland Stockton and San D»fo tta I Anfetos. Chartestor w Sat* TO: CARIBBEAN CENTRAL AMERICA NEU AfHHVAISN ROUEN 17/10. BARMR PERSEUS 17/10 N HOSAUIO 7/11. BARHR HECTW 7/11. N ROCHESTER »/11 TO: CALIFORNIA PANAMA US ATLANTIC
      250 words

  • Page 19 Advertisements
    • 825 19 The Straits Steamship Group ?7\ Mansfield Container Shipping Re Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK /CONTINENT: BENAVON 14/10 IS/1 03/11 TOKYO MY 19/10 21/10 07/11 BEWILDER 27/10 29/10 17/11 CITY OF EDMBURGH «/U 6/11 *2/11 FRANKFURT EXPRESS 11/11
      825 words
    • 734 19 NOTICE FAR EAST/ EAST AFRICA FREIGHT CONFERENCE NOTICE TO SHIPPERS GENERAL FREIGHT INCREASE Shippers are hereby notified that the Far East/East Africa Freight Conference has decided to introduce a general freight increase of 4 percent with effect from 1 January 1986. Please be guided accordingly. Singapore 11 October 1985 HENRY
      734 words

  • Page 20 Advertisements
    • 342 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carria{e to Scandhavia, Med, Carnbean IS. America Inland haulage to inland destinations in Europe S pore PftetangPenang Leiioesßdbao Genoa Hburt Adam Bharen werp Atnee Aickmers 23/10 28/10 21/1# 22/11 25/1121/11Mai Aickmers 8/1110/11 12/11 5/12 17/12 13/12— 11/12 Bertram Ibckmers 14/11 17/11 19/11 14/12- 23/12 11/12Etba
      342 words
    • 403 20 FULLY CONTAINERISED SERVICE TO EUK Off VIA SUEZ T_* MwOe. o) the Act Comortwn Ctf VALCR PAUL 46W TRANSWORLD BRIOGL 27W CHINA CONTAINER 32W CR PARIS 2W Sport PKetani I (Mane R dam Fstowe Hbw, Ant-erp 16 10 (14 10) All SII 811 23 10 (71 101 II II 12
      403 words
    • 462 20 Hai Sun Hup Co (Pte) Ltd Mfc,' TEL *****06 (20 Lines) TLX R*****1 R*****2 EH INTERMARITIME LTD K Knabatu Td: 22 ISM Maria Tel *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM S pare ft In Mm El CT M.V LUCAYAN TRADER V 65 SM SM SU SU 71/1127/10
      462 words
    • 493 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) US WEST COAST SERVICE FEEDER VSL SCP MO I HE* VSL LAI EVER GOVERN In Pwl EVER IMKMG 31/11 EVER GLORY 17/11 EVER LAUREL W/U EVER OFTED 29/19 EVER IYMC 23/11 EVER GLEAMY 3/11 EVER LOADBK
      493 words
    • 298 20 US I NOSE MARITIME PTE LTD WEST AUSTRALIA SERVICE VSI PT HE LANG S PORE P HEOLAND F MANTLE PAKARTI EMPAT Voy 10S 1/11 PAKARTI EMPAT Voy US 1/12 3/11 11/11 17/11 3/12 9/12 18/12 (P Hedland Geraldton subtect to Inducement) EAST AUSTRALIA SERVICE PK SPORE LOAD PAKARTI LIMA 14/10
      298 words

  • Page 21 Advertisements
    • 1118 21 T PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL KOTA WANGSA KOTA SEJATI KOTA ACUMG KOTA TIMUR VOYAGE E-569 E 591 E-593 E 595 HONGKONG SINGAPORE LOADING FOR: 16-17/10 21-26/10 DJIBOUTI, HODEIOAH, JEDDAH. PTSUDAN. AOABA 1-2/11 6-11/11 DJIBOUTI, ADEN, HODEIOAH. JEDDAH, AOUABA 12-13/11 17-21/11
      1,118 words
    • 886 21 BEN LINE CONTAINERS EXPRESS COjlTAjij SERVICE TO UK/CONTINENT S POltf P KELANG STOW 14 10 16/10 3/11 19 10 21/10 7/11 27/10 21/10 17/11 o< tdrtwfti 4/11 ft/11 Frank twt Eipress 11/11 13/11 Han*w| Eipress 11/11 21/11 Osaka Bit 2« 11 21/11 Breryten Eipress Beruvon 4/12 5/12 12/12 13/12 HAM
      886 words
    • 614 21 ISA DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM STORE CONTAINER SERVICE MAIAPAMI »?S HB goha m m BUSAN YOKOHAMA 1110 14/10 73/10 K 10 KMMSUK HA STORE 70/10 72/10 77/10 1/11 3/11 0/11 S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE STORE LOWON TIBURY BAAB ULI AH VI7WB 22 24/10 24
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    • 655 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR (Burmese National Line) Loading for Ranfoon Myomaywa V9OW Htoneywa V/ 205* Spore P .Keiang In Port/13 Oct 14/15 Oct Ptushwegyawywa V259W 20/22 Oct Pagan V9l* 29/31 Oct BANK LINE SEMI-CONTAINER SERVICE TO UK/CONT TAUSALA SAMOA FORTHBANK SPORE R'DAM HULL HMBG 22 Oct 14
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  • Page 22 Advertisements
    • 1234 22 v®: K LINE KAWASAKI KISEN KAISHA. LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND vU IPI/MICROBRIDUE MINILAND BRIIMiK) OAKLAND VAN BC FEEDER/ MOMR VESSEL C. R PARIS VI OREGON BRDGE V 5 UTOPIA VI ASIA MARU *58 JAPAN ALLIANCE V 25 HONGKONG CONTAINER V46E HARBOUR BUDGE VI ASIA STAR V4l
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    • 256 22 Accepting LCL and containerised cargoes Direct to South Africa Richards S port Durban Bay Clown ELdn Maputo Pib Acceptins Containers Onl« U M iiiiF 12/10 25/10 25/10 21/10 ICDLLOYD COLOMBO 9219f 21/10 10/11 15/11 IJ/U OSAKA MARU 932# 9/11 22/11 28/11 25/11 OSAKA MARU W23G HAYAKAWA MARU 9022G SA VAAL
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    • 565 22 ii ii if CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE t«« lOS ANuIUS SAN FRANCISCO SIAIIU TMOMA iANCOUVfR BC Ai. filling lu FCL Conliiners p Mm| W 1 Anoeles BHAVABHUII M/ 31 Oct No, BMARATENDU 30/31 No. 2i Dec AUSTRALIA EXPRESS CONTAINER SERVICE Aiifpting FCI FCI Containers JAPAN SERVICE loadnf
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    • 617 22 LDEN LINE GUAN GUAN SHIPPING (PTE) LTD Ream Tunc Promncial But BuMrif 60 Ctci StrtcT SINGAPORE 0104 TU *****90 (10 IMS) Id Kuala lunpur ***** P Kcfenf 3X7961 Pnuni XMN Paw Gudanf Afent ORtNT UOTD (M) SON M> TQ 6437 STRAITS/PERSIAN GULF SERVICE: S gait P KelangPenang GOIDEN RTONDER Cutomtm
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    • 394 22 INTRASEA (PTE) LTD 10 Anson Road #27 16 Internationa' P'a/a Singapore 0207 Tel *****1 1 '1 0 Linesl VOBASIAIin o BREAKBULK SERVICE TO EUROPE/UK P.T PERUSAHAAN PEL AY ARAN T KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTMATON NMGA XXI Voy 22/15 15/16 Oct iakvta/CvetMn NW6A XXXXI Voy
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  • Page 23 Advertisements
    • 739 23 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member the ACE consortium TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C PAUL S'pore Closing Times: FCL Cargo LCI Cargo FROM EUROPE (VIA SUEZ) 0200 16/10 1000 15/10 HK CONTAMER 4tt.. r K JACEJH 3QE. 16/10 N CRYSTAL
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    • 521 23 HEUNG-A SHIPPING Korean Flag Vessels -9 p. »> IiJN! f«ptiini »GiNnis Pif i in Ifl ?:Wl) ?;BVM ißnnkmjO ?/?/SlO ??\m? (OpefalinnO ?/??487 iTfinwul) ;?o?«so ?;o;so4 «tf s > Uli li .11 HIN«S SI ll* SDN HHP HI Ifl *****0 m.M4 PK 1.l *****4 PIN Tel T673 7S s*\ V "v
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    • 542 23 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BUILDING 55. Market Street Sinfapore 0104 Telephone Nunbcrs *****3 (15 Lines) Cable Address SMSOV SMGAPORE Tdei Numbers RS ***** RS ***** RS ***** P. KQJMC PENANG M/S SHNKAT NAH SOON SON BW. IST AND 2ND FLOW. MESSRS HM THONG SHPPBK 127 Penan(
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  • Page 24 Advertisements
    • 798 24 Ke<|i«Nial Container Lines 4 Sailings weekly I Fast Reliable Regular y Punctual Berthing P.S.A. Mon, Tue, Thur. Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPFCIAIISFD HFAVY lIFTFRS AVAIIARIf KASHI MARU S'p«e 14/16 Oct Loadht for Bahrain TO EUROPE lOAHMSEN 4/15 ASEWALK 1/15 SANGERHAUSEN 3/85 GLAUCHAU 1/15 CD Ml
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    • 151 24 _4 PNG PACIFIC LINE S'pore P. Kelang LOADING FOR TBN 15 Oct 17 Oct Loe, Kimbe, Kavteng Raboul, Kieto, Pom Abo colls direct to Bio Ha and other PNG ports subject to inducement. Heavy lift vessel avoiloble Subj. inducement. For Freight Bookings ANDEKA SHIPPING PTE LTD TEL: *****45, *****50 TELEX:
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    • 106 24 COLUMBUS LINE S port PJUmi Penang Dbctarfi* tar SOIC I 15 Oct 17 Oct M, SwtarUi»tai SOtC I 25 Od 27 Oct 290 d Ma*», Crtrti. B«*ay Columbus Navieatioii Pte Ltd 50 IUMn Pbci #12-05 SM Imm let *****00 Ik: RS 25«5 LfS Cantact Hwy/tatai ATLAS LINES ■EGULM WOODCUT IEIWCE
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  • Page 24 Miscellaneous
    • 176 24 Regional Weather *5 Vh fA Km r 4 r« k 0 1 al J* I m 'a SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. t? T Temperature V A\ 2 Thunders,orm Weather V Wmd <*rection with speed m knots V Shower j j Rain Wave height e
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  • Page 25 Advertisements
    • 344 25 BAPID SHIPPING PTE LTD L S PORE TEL: *****44 TLX: ***** K.L. TEL: *****5 *****0 FCI LCI LOADMG FOR ETA SM FAR EAST Hkg, China, Bus. Cinb. BKK 15/10 24/10 MAURITIUS Port Lous 31/10 30/11 UK/EUROPE Ldn, Rdam, Awerp. Hbur{ 29/10 17/10 AUSTRALIA Syd. Mel. Bri. Ade, Fro 29/10 25/10
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    • 162 25 AFFINITY SHIPPING PTE LTD TEL: *****00 TLX: ***** STLMC ETA ETD Accepting cargo for TBN 20/10 23/10 Madras, Chaha/CNttagong SUBJECT TO INDUCEMENT tajHl MENG HORNG SHIPPING PTE LTD TEL: *****47/8. *****45 Tlx: RS ***** NWICO ACCEPTING LCL TO CHITTAGONG REGULAR SERVICE TO HMA POUTS Vessel ETA ETD Loada* for MNG
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    • 565 25 <E> a OCEAN BRIDGE SHIPPING PTY LTD, FREMANTLE REGULAR SAILING TO FREMANTLE MV HELEW COAST ETA 15/10 HO 17/10 General Agents Imkov Shipping Co Pte Ltd. 27X272 4 Agents Imkov Shipping Co Pte Ltd. lit C«d Sfrtt 01*fi X»d Art. Spurt UK I# 72X2 I«te. No IS 21?31 MOV Smfjpore
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  • Page 26 Advertisements
    • 357 26 Lma ILY Sscurity Freight Systems Pte Ltd 14A BENOI SECTOR. SINGAPORE 2262 TEL 264-1388 TELEX: RS ***** MOVEIT STO, MLB, oft, DDL, FK ALL NEW ZEALAM) PORTS ALL MAJOR PORTS H EAST, NEST ft Bli PORTS EUROPE, UK PORTS HOMKONS, BANGXOR, CHKA JAPAN, TAJWAN PORT 24/10, 7/11 22/10, 1/11 14/10,
      357 words
    • 388 26 EXPRESS CONVENTIONAL SEMfct TO MS FROM UK/CONTMNT PKUWe PCNANG FOB: 13/14 Oct IS/1S Oct I TON LMARK Bid HGB AN bi Port ROAM. ffiG. Bi t KELANG STOW BKK h Nrl 13/15 Ort 17/2* Oct AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE *****22 FARYS MARITIME SERVICES SDN BHO KUALA LUMPUR: *****3/537*61/*****0
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    • 597 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD nu> comufmsai soviet to eukk <m stm IMaro* Rdjm Flint KW| hiUN| VII 7/11 J/11 ie/11 12/11 IM«W»U> HBO 27* 23/11 11/11 12/11 14/11 lt/11 17/11 19/11 CWM CONIWO 128 38/10 U/1I IJ/11 21/11 2J/11 24/11 28/11
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    • 830 26 Everett Lines] COMPANA PERUANA DE VAPOREES (CJMf.) "PERUVIAN STATE LINE" loading lot Caiac Mataram to and at other Penman ports nth transhipment at Hoc* On CPV Thioufti Bills ol ladmf to tin* destination MUMMVEWKFTT THOMAStttWH HUOCWUFTT S«Cipor* 14/15 Oct 21/23 Oct 8/7 Nw "EVERETT ORIENT LINE" k JAPAN/BAY Of KNMi./lAP«*
      830 words
    • 193 26 ZIM IS 11 IS 1111JS n ujs »11 is 112 JJ 11 12 IS iuji ii 12 as c M AUSTRALIA CONTAINER SERVICE m STONtY 1 6IBS6ANI m SPOW ALSO ACaPTMG La/Fa CARGO 10 AKUUK KLBOUM GOLD STAR LINE 14 DATS KZniM SCSTICB TO DUBBAM SOU) LEAF 3SD Otombo/Momfaasa/Maprto/OURSAN 11
      193 words