The Business Times, 3 January 1985
1985-01-03
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The Business Times
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Title Section12 1985-01-03 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, JANUARY 3, 1985 60 CENTS12 words
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548 1985-01-03 1 Bernama THE Malaysian Committee of Inquiry formed to look into the M 52.5 billion Bumiputra Malaysia Finance loan scandal has established prim* facie cases of corruption against former BMF directors and several others. lie committee's brief on the eases was discussedBernama - 548 words
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Article, Illustration557 1985-01-03 1 SOH TIANG KENG - Changes to Securities Industry Act in the offing By SOH TIANG KENG Banking Correspondent LEGISLATION TO control the financial futures market in Singapore and to prevent it from becoming a casino is likely to be introduced later this year. This was disclosed557 words
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502 1985-01-03 1 THE MAN who would one day succeed Mr Lee Kuan Yew as Prime Minister seems to have already been given the main responsibilities for his job. Another strong indication was given yesterday that Mr Goh Chok Tong would502 words
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Article, Illustration60 1985-01-03 1 THE SINGAPORE stock market fell sharply yesterday, the first trading session of the new year. Market observers attributed the fall to the removal of window dressing. This had caused stocks to fall back to a more realistic level. The BT Composite Index fell C.t3 points to 7t3.M while60 words
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516 1985-01-03 1 DR RICHARD HU, the newly appointed Trade and Industry Minister, has succeeded Dr Goh Keng Swee as chairman of the Board of Commissioners of Currency and the Monetary Authority of Singapore. Finance Minister Dr Tony Tan said yesterday that Mr516 words
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Article, Illustration372 1985-01-03 1 FOO CHOY PENG - By FOO CHOY PENG EDUCATION has been singled out as one of the main priorities of Singapore's younger political leaders, and Dr Tony Tan will be giving it a lot of his attention. Yesterday Dr Tan, the new Minister for Education,372 words
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117 1985-01-03 1 I THE GOVERNMENT has not decided on the cut-off age when I CPF holders may be allowed to manage some of their own funds. Finance Minister Dr Tony Tan said yesterday that the government is working out the mechanism117 words
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Page 1 Advertisements
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Advertisement138 1985-01-03 1 jfe 'ATERMAN Writing instruments of distinction since 1884 Trade enquiries: Ttel: *****33 Get the most competitive rates on fixed deposits and savings accounts at UMBO Visit or call your nearest branch today Effective 11/12/84 (Rates are subfect to change without notice) UNITED MALAYAN BANKING CORPORATION BERHAD Main Offtc*: UMBC Building138 words
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Advertisement312 1985-01-03 1 Top 100 Companies BT will publish tomorrow the top 100 companies listed on the Stock Exchange of Singapore based on market capitalisation. wm A QUARTER of a million dollars will be spent in a three-month campaign to get all workers used to the idea of getting their salaries through banks.312 words
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Advertisement83 1985-01-03 1 President calls for positive signs from MPs, Back Page Full report, Pag* 12 Asian stocks, Pago 11 Intamational stocks, Pag* 10 a> tn° ,e ,-.«aaP 0< >~<, Vo°^ oll.a* e <* <&&&>#** •tfSsSS^ VOs^ pYio^ e S^ cet 0P A ,o af>° -tjof I iO^ S o s Rental from83 words
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Advertisement12 1985-01-03 1 BEHIND EVERY SONY PRODUCT IS SONYService *****1 SONY THE ONE AND ONLY12 words
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HOME NEWS
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Article, Illustration1020 1985-01-03 2 LEE HAN SHIH - Downturn in property market causing problems clllii PUBLIC CONSTRUCTION By LEE HAN SHIH MANY contractors will remember 1984 as the year in which the construction industry began to depend heavily on public projects to keep it going. And the dependence is likely to continue1,020 words
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Article, Illustration398 1985-01-03 2 ONG CHENG SWEE, treasury manager of Manufacturers Hanover Trust Company (MHT) Singapore branch, has been promoted to vicepresident. Mr Ong joined Manufacturers Hanover Trust six months ago after 12 years on the foreign exchange market with four international banks. As treasury manager, he will be responsible for398 words
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194 1985-01-03 2 MALAYSIA IS brimming with investment and business opportunities, and it is trying to get this message across to Singapore. Malaysia's Ministry of Trade and Investment will hold a conference at the Hyatt Hotel on Jan 28 to tell corporate directors, bankers, investors194 words
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Article60 1985-01-03 2 MEMBERS of the public will be able to exchange their old currency for new ones with all banks from Jan 23 and with the Board of Commissioners of Currency, Singapore at Robinson Road from Feb 5 to Feb 19. The board has assured the public60 words
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991 1985-01-03 2 LISA LEE - By LISA LEE WITH FEWER building contracts in the pipeline for the year ahead, contractors are turning to other methods of keeping staff and equipment busy. Some have started developing tracts of land which they had bought a few years ago, while991 words
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Article260 1985-01-03 2 Seminars and courses DURATION TITLE VENUE ORGANISER Jon 10-11 Injection Molding Novotel Orchid Applied Research Inn Corporation Jan 12 Analytical Hilton Hotel Singapore Review Society Of t Accountants Jon 14-15 Injection Mold Novotel Orchid Applied Research Design Product Design Inn Corporation Jan 14-16 Professional Selling Shaw Centre Professional Skills260 words
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326 1985-01-03 3 SHAHRIR ARIFF - By SHAHRIR ARIFF ENTRANCE FEES to the Serangoon Gardens Country Club will be raised again before the club re-opens its doors to new applications. The new fee could be between $10,000 and $12,000. Mr Henry Kwek, chairman of its management committee, said326 words
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Article115 1985-01-03 3 THE line manager, who is in direct contact with the worker everyday, can play a crucial role in promoting good industrial relations, according to the Singapore National Employers Federation. Getting the worker and his manager to work along well should no longer be left just115 words
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299 1985-01-03 3 SINGAPORE'S entry in the Tournament of Roses Parade extravaganza in the US has won an award for the third consecutive year. Judges at this year's 96th Tournament gave the prestigious "Tournament Special Trophy" award to "The Surprising Spirit of Singapore" two days ago. In299 words
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Article140 1985-01-03 3 MINOR Singapore citizens by descent or by registration are reminded by the Ministry of Home Affairs that they must take the oath of renunciation, allegiance and loyalty within 12 months of reaching the age of 21. Those who fail to do so will lose their Singapore citizenship140 words
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338 1985-01-03 3 YAP BOH HOON - By YAP BOH HOON TELECOMS's house union is satisfied with the I first collective agreement that it concluded with the management on Dec 31. The three-year agree- ment covers the 8,000strong Union of Telecoms Employees of Singapore (UTES), whose member- ship consists of technical,338 words
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188 1985-01-03 3 THE HUNT is now on for the best newspaper photographer of 1964. The creator of the laurel, known as Hunt Chemical Asia/Pacific National Newspaper Photographers Award, is Hunt Chemical Asia/Pacific Pte Ltd, a company which produces liquid chemical products used in the188 words
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103 1985-01-03 3 THE DEPARTMENT of Extramural Studies of the National University of Singapore will hold a 15session course on "Advanced Level English Literature", for candidates preparing for this year's Cambridge Advanced Level English Literature examination in Paper I, Critical Appreciation. Beginning today, the course will103 words
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152 1985-01-03 3 A $522 million sales record has been hit by NTUC-lncome, the insurance cooperative. The latest issue of the NTUC publication The Singaporean said the cooperative chalked up 17,227 proposals worth $522 million in sums assured at the end of last year. This is an152 words
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306 1985-01-03 3 CHUANG PECK MING - By CHUANG PECK MING A QUARTER of a million dollars will be spent in a threemonth campaign to get all workers used to the idea of getting their salaries through banks. The drive towards a cashless society, to begin in March, will be306 words
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163 1985-01-03 3 MANAGEMENT can achieve more if they come down to the shop level to understand problems workers face, according to a National Productivity Board pilot survey. That was how 62 per cent of the personnel managers and 73 per cent of the union leaders from 37163 words
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Page 2 Advertisements
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Advertisement40 1985-01-03 2 GENUINE NOME-COOKED THAI CUISINE CATERING SERVICES ALSO AVAILABLE PARKWAY THAI YY\) RESTAURANT Jjjj. 80, Marine Parade Road #02-08, Parkway Parade. f r Singapore 1544. Tel: *****11, *****83 L Bueineea Houra: 11.30 am 10pm Daily Car park coupons redeemable at'our restaurant.40 words
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Page 3 Advertisements
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Advertisement168 1985-01-03 3 JANUARY MON TUE WED THU FRI SAT SUN OntyThai flies to Bangkok 3 times a day, every day of the week. Directly. Whenever you're ready to leave for Bangkok, Thai is ready to take you there. Directly. Aboard our A3oos. We leave for Bangkok three times a day, everyday of168 words
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OVERSEAS
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Article, Illustration769 1985-01-03 4 Reuter AFP CHINESE PREMIER Zhao Ziyang has announced that the state would end its 30-year-old monopoly on buying and selling major agricultural products this year. The official New China News Agency yesterday quoted Mr Zhao as saying: "This is what we have hoped butReuter; AFP - 769 words
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Article138 1985-01-03 4 Reuter JAPAN'S Emperor Hirohito made one of his rare public appearances yesterday with the annual ritual of bestowing new year greetings on well-wishers from the balcony of his Imperial palace. Crowds trooped into the palace grounds in well-ordered relays of about 15,000 people at a timeReuter - 138 words
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245 1985-01-03 4 NYT THAILAND'S National Security Council chief has said that the Soviet Union has stationed 14 MiG 23 fighter-interceptors at Cam Ranh Bay in Vietnam, the first such advanced planes to be based in the region. Squadron leader Prasong Soonsiri, secretary-general ofNYT - 245 words
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386 1985-01-03 4 TAIWAN AFP THE PAST YEAR in Taiwan saw the government inching towards a more rational approach to reunification as it brought in a new generation of technocrats to fill the shoes of the old guard in the Cabinet. It was a year marked byAFP - 386 words
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Article224 1985-01-03 4 AP THE HONGKONG and Shanghai Banking Corporation has predicted that the colony's economic growth rate would reach 10 per cent this year compared with last year's estimated 7 per cent. In the January issue of its economic report the bank cited prospects of aAP - 224 words
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Article240 1985-01-03 4 Reuter PHILIPPINES' trade deficit narrowed to US$7OO million in the first 11 months of last year from $2.4 billion in the same period of 1963. In a statement announcing this year's national export drive, President Ferdinand Marcos said exports from January to November 1984 rose toReuter - 240 words
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WORLD IN BRIEF
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Article25 1985-01-03 4 Bernama THE MALAYSIAN King yesterday granted an audience to the outgoing Chinese ambassador, Chen Kang, who has served in Malaysia since 1963.Bernama - 25 words
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Article45 1985-01-03 4 CAMBODIAN Foreign Minister and Vice-Premier Hun Sen will succeed the late Chan Si ;i as Premier of the pro-Viet-namese government, according to sources in Hanoi. Mr Hun Sen, a former member of the Khmer Rouge, k recently made unofficial visits to France and Sweden.45 words
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Article56 1985-01-03 4 SEPARATIST Tamil guerillas blasted a 12-metre railway bridge near Jaffna, disrupting transport of food and fuel supplies to the northern capital, the government announced on Tuesday. First reports indicate that it will take some time before the train service can be resumed. A Defence Ministry official said the56 words
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Article61 1985-01-03 4 THE MILITARY regime of Bangladesh President Hussain Mohammed Ershad has asked the opposition alliances and parties to immediately announce whether or not they will take part in parliamentary polls set for early April. The call came after two previous attempts to hold general elections fell through because the61 words
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Article33 1985-01-03 4 Bernama UNIVERSITI Utara Malaysia will introduce Thai language as one of its acceptable foreign language requirements for its students this year, Deputy Vice-Chancellor Prof Ahmad Mahzan Ayob said on Tuesday. BernamaBernama - 33 words
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Article64 1985-01-03 4 FRENCH Prime Minister Laurent Fabius has made public an appeal to spare the lives of five prisoners due to be executed in Vietnam on spying charges. The Prime Minister's Office said on Tuesday that he sent a letter to his Vietnamese counterpart, Pham Van Dong, last week64 words
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Article58 1985-01-03 4 EGYPTIAN President Hosni Mubarak will visit Washington in March for talks with President Reagan on future strategy for a settlement in the Middle East. Foreign Minister Esmat Abdel-Maguid said on Tuesday that the talks would "focus on how to bring all parties to the Arab-Israeli conflict, including58 words
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Article61 1985-01-03 4 IRAQI Foreign Minister Tariq Aziz has said that his country will continue attacking Iranian interests, including oil tankers, in a report published on Monday. He also described Britain's policy towards the Iraq-Iran war as "bad". The US, the Soviet Union and France, he said, wanted an end61 words
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Article55 1985-01-03 4 Agencies ABOUT 1,000 people who fled their homes in Arkansas because of a Union Carbide toxic chemical spill returned on Tuesday after workers loaded the last of the poisonous liquid into a rail car. No injuries were reported from the spill, which was discovered on Monday morning. The causeAgencies - 55 words
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261 1985-01-03 4 Reuter A NUMBER OF countries may pull their troops out of the United Nations Unifil force in Lebanon unless Beirut and Israel reach a security arrangement by April. Israel's envoy to the UN, Benyamin Netanyahu, who returned toReuter - 261 words
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236 1985-01-03 4 Reuter AUSTRALIA'S real gross domestic product (GDP) growth is expected to slow to 3.1 per cent this year from an estimated 6 per cent in 1964. The Age newspaper's annual survey of economic forecasts, published yesterday, said that the GDP prediction is the averageReuter - 236 words
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183 1985-01-03 4 AP NEW ZEALAND Prime Minister David Lange said on Tuesday his government would not end its ban on visits by US nuclearpowered or nuclear-armed warships. The warning comes at a time when the US is urging New Zealand to reopen itsAP - 183 words
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215 1985-01-03 4 Reuter UPI CUBAN President Fidel Castro has charged that US policies have plunged Latin American economies into crisis and said Cuba was in "incomparably better" shape than its neighbours,thanks to Soviet aid. Speaking on the 26th anniversary of the fall of dictator Fulgencio BatistaReuter; UPI - 215 words
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Article767 1985-01-03 4 ARRIVALS Operator Service number Local time From KAL PAA LUFT MAS MAS MAS MAS RBA StA CPA OA GIA SIA SIA THAI SIA MAS GIA MAS SIA SIA GIA SIA SIA THAI GIA THAI SIA SIA LUFT CPA MAS MAS MAS SIA JAL JAL SIA GIA NW767 words
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559 1985-01-03 5 NYT DESPITE its uncertain fate, the Treasury's tax simplification plan is having a chilling effect on some real estate investments as economists predict that the plan, if enacted, would depress home values and make many types of new constructionNYT - 559 words
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244 1985-01-03 5 AFP PRESIDENT Reagan and his senior assistants have examined the possibility of starting two series of disarmament negotiations with the Soviet Union in March one on offensive nuclear weapons and the other on defensive systems. The Strategic Arms Limitation TalksAFP - 244 words
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Article194 1985-01-03 5 Reuter THE SOVIET UNION has confirmed the demotion of Marshal Nikolai Ogarkov, who was ousted in September as Chief of the General Staff. According to the latest information from Moscow, he has become a political commissar. The status of Marshal Ogarkov, who was once viewed as aReuter - 194 words
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Article, Illustration616 1985-01-03 5 US impatient over barriers in Japanese market AP PRESIDENT REAGAN was scheduled to meet Japanese Prime Minister Yasuhiro Nakasone yesterday to request urgent steps to reduce the yawning trade gap between the two countries. With the US trade deficit with Japan expectedAP - 616 words
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Article410 1985-01-03 5 NYT THE AMERICAN Interior Department has cancelled the second part of a scheduled sale of oil leases off New England, citing lack of industry interest and a court decision that placed much of the area under Canadian Jurisdiction. The first part of the sale,NYT - 410 words
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105 1985-01-03 5 AP US INTERIOR SECRETARY William Clark, who held key foreign policy posts in the Reagan Administration, plans to resign and return to his California ranch. The Washington Post yesterday quoted Clark, a long-time Reagan associate, as saying he had informed Reagan of his decisionAP - 105 words
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328 1985-01-03 5 Reuter ISRAELI Prime Minister Shimon Peres said yesterday that he favoured a state inquiry into the collapse last year of commercial bank shares, for which a financial watchdog has criticised the government and the central bank. A report issued on Tuesday byReuter - 328 words
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ECO-NOTES
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Article64 1985-01-03 5 CHINA produced 114 million tonnes of crude oil in 1964, eight million tonnes more than in 1963 and six million tonnes over the year's target, the official news agency Xinhua said. The Shengli oil field in eastern China's Shandong province, the country's second-largest producer, pumped 23 milllion64 words
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Article61 1985-01-03 5 SURTAX on imported cars will be cut from 10 per cent to Ave per cent from Jan 1, Taiwanese industry sources said. With this tax reduction, prices of imported cars will fall two to three per cent. An importer of Britain's Jaguar cars took the lead in announcing61 words
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Article66 1985-01-03 5 IRAN may have to cut its oil prices to maintain its competitivene» because of the rising cost of insuring Gulf shipping, Iranian Oil Minister Mohammad Gharazi said. The minister said the insurance rate for tankers entering the Gulf had gone up from 5 to 7.5 per cent,66 words
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Article66 1985-01-03 5 MACAU'S toy exports rose some 80 per cent in the first 11 months of last year, leading an export boom that saw total exports rise 31.3 per cent from over the previous 11 months. Total exports for the period were up to US$BlB million. Exports to Canada were66 words
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Article67 1985-01-03 5 Agencies TURKEY has introduced value added tax (VAT) at a basic rate of 10 per cent, replacing a present system of production and service taxes. Basic foodstuffs will initially be exempt but will be taxed at three per cent from April and six per cent from July.Agencies - 67 words
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143 1985-01-03 5 AFP TWENTY-ONE of the 29 Filipinos stranded in southern Johore Barn have received their air tickets from a Singapore-based employment agency, which failed to meet promises of lucrative jobs in Malaysia. It is believed that a woman, said to be a representative of the agency,AFP - 143 words
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Page 4 Advertisements
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Advertisement15 1985-01-03 4 /Wi ¥W Pan Am First Class. First In Space. First In Luxury. First In Comfort.15 words
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Page 4 Miscellaneous
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Miscellaneous18 1985-01-03 4 Doonesbury *§mm w m rs m tz 1 i BY GARRY TRUDEAU M m gjs S w SmtNt^18 words
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Page 5 Advertisements
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Advertisement108 1985-01-03 5 r 'V9By On March Ist 1985 the GAFJ O R D sails from Singapore to Bangkok and Hongkong. Rated as a 5-star-plus vessel, she was voted the best ship in the world by the American Cruise Public in 1983 and 1984. Mansfield Holidays is proud to offer this unique experience108 words
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Advertisement291 1985-01-03 5 /*>l It I I ORGANIZATIONAL RESOURCES SDN. BHD. CRS An International Conference On MALAYSIA BUSINESS INVESTMENT OPPORTUNITIES Sponsored by The Ministry of Trade Industry, Malaysia OFFICIAL OPENING BY THE MINISTER OF TRADE INDUSTRY, YBM TENGKU TAN SRI RAZALEICH HAMZAH Opportunity to develop profitable ventures Face-to-face on doing business in Malaysia.291 words
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RAW MATERIALS
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795 1985-01-03 6 Mixed views about prospects for this year NYT THE BEST CURE for low prices is simply low prices, according to one of the oldest adages in the commodity trade. If so, then the slide that has left prices for farm and industrial rawNYT - 795 words
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652 1985-01-03 6 Bernama THE YEAR just past saw natural rubber prices slump to rock-io bottom levels, but the outlook for the industry is far from gloomy and the commodity is expected to bounce to a more reasonable level in the new year with a newBernama - 652 words
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144 1985-01-03 6 Reuter INDIA'S tea exports this year will not be less than last year's export ceiling of 215 million kilos, Mr EK Tripathy, acting chairman of the state-run Tea Board said yesterday. The tea crop is expected to rise toReuter - 144 words
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247 1985-01-03 6 Reuter AUSTRALIA'S 1984/85 (November/February) wheat harvest is nearly complete after a good, hot and dry combining season in most wheat areas, an Australian Wheat Board spokesman said. The board had received 14.37 million tonnes by the last week of December through its state grainReuter - 247 words
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Article170 1985-01-03 6 SINGAPORE The market closed lower yesterday with January One RSS buyers quoted at 170.25 cents per kg, down one cent from last Friday. The morning session lost 0.50 cent on lack of buying interest in quiet trading. Prices lost further ground in the afternoon on continued lack of buying170 words
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Article314 1985-01-03 6 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Buyers Sellers Buyers 3>Hen Int 1 RSS Prompt 168 00 169 00 167 75 168 75N Int 1 RSS Jon 85 171 00 171 50 170 25 170 50 Int 1 RSS Feb 85 174 25 174.50314 words
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Article96 1985-01-03 6 (cants/kg, 1-ton p Jonuory 85 February 85 (currant mtfi) (forward mth) RAS NOON NOON lnytft ScHcn B«iy«n S«M#n SSR20 167.00 I69.00N 169.00 171 00N SSR 50 165 00 167.00N 167.00 I69.00N MRELB kym S«ilero Buyers Scll<n SMR CV 194.00 196.00N 196 00 198 00N SMR L 19396 words
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Article84 1985-01-03 6 THE Kulft Lemper Tin Market (KLTM) price remained at the Internatleeal Tie Agreement fleer-level ef M 529.15 per kg yesterday. The better stecb manager absorbed the balk of US teenes en offer. There were 157 teenes offered sa Monday. No rationing was noted. The KLTM price held aroend84 words
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Article151 1985-01-03 6 Yarn (In HK$ par bole of 400 lb) Chino carded yarn, cones Rue Phoenix 16'* 3,050 Blue Phoemx 20'» 3,200 Blue Phoenix 32'» 3,750 Blue Phoenix 40"» 3,950 Carded yarn, hank Blue Phoenix 21'» 3,400 Combed yarn, cones Blue Phoenix 32'» 4,600 Blue Phoenix 40'» 4,850 Open-end yorn Blue151 words
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Article41 1985-01-03 6 AFP THERE WAS good demand for 30,758 packages tendered at Monday's weekly London auction. Quality: 320 pence (against 325 pence two weeks, at the time of the last sale); medium: 280 (against 285); low-medi-um: 250 (unchanged).AFP - 41 words
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Article1061 1985-01-03 6 COFFEE Futures remained strong at midday yesterday but was off from earlier highs. Prices stood £54 to £18 ahead of Monday's closing bids. The market firmed in reaction to an overdone decline on late Monday. Sterling's fall to record lows against the dollar in the morning fuelled the1,061 words
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Article152 1985-01-03 6 Chinese Produce FOB NSW 492.50 Exchange Nutmeg (Setters' noon closing prices on Jon 110 FOB NSW 438 00 2. S$/100 kg) B W FOB NSW 281 00 Coconut oil Gambier Bulk Foe 180 00 FOB NSW 330 00 Old drum FOB 193 00 New drum FOB 197 00152 words
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Article275 1985-01-03 6 Singapore Broken 190 187 unq (SS/VMo, ex-godown) Thai white A-l super A-1 special C-l special 100% 1st class C-l Ordirvory unq (kangaroo) Loonzoin' 100% new crop first grode 100% 2nd doss 100% second grade 100% 3rd class BE 100% third grode unq 25% new crop B-10% No stock 1275 words
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Article103 1985-01-03 6 MALAYSIAN crude palm oil prices closed higher yesterday on covering and speculative buying despite lower Chicago soyfutures prices. January deliveries in the south region rose MJ7.50 to $1,257.50 per tonne and central $5 to $1,255. February in the central traded firmer at $1,260. Hie refined market was quiet103 words
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Page 6 Advertisements
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Advertisement91 1985-01-03 6 AVOID THE EMBARRASSING FAUX PAS, AND HAVE THE LAST WORD ON THE k BUSINESS DEAL As the Japanese system of management infiltrates our business firms and companies, and Japanese investment is ostensible everywhere, a competent i 11 n- grasp of the Japanese language, with its [e£[j troublesome near-synonyms, becomes an91 words
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BANKING AND FINANCE
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206 1985-01-03 7 Bernama BANK BURUH, Malaysia's only commercial bank which is majority owned and controlled by cooperative societies, is undergoing major changes to improve its financial performance and make it viable. At its annual general meeting last week, shareholders passed a proposal on theBernama - 206 words
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825 1985-01-03 7 PENG AILIAN - Expatriate bankers say lack of expertise leads to outflow of funds By PENG AILIAN WITH foreign capital of about US$54lO billion flowing into Singapore each year, private bankers are not surprised that monetary authorities are actively promoting fund management here. But the bankers, mainly825 words
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Article227 1985-01-03 7 AFP Reuter PAKISTAN has phased in a new Islamic banking system under which banks will be forbidden to charge or pay interest. The new interest-free system, ordered by President Mohammad Zia-ul-Haq as part of his Islamisation campaign, will initially apply to the corporate sector only. ButAFP; Reuter - 227 words
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310 1985-01-03 7 UPI WELLS Fargo Bank has set up a new revolving line of credit programme called "business capital advantage" to address the needs of small business operators. Since September, the California bank has offered lines of credit ranging from U5525,000 to $250,000 forUPI - 310 words
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895 1985-01-03 7 NYT LAST YEAR was a sobering one (or the US banking system as more banks failed than in any year since the Oeat Depression. With the collapse recently of a small bank in Sandwich, Illinois, the number of failures in 1964 rose toNYT - 895 words
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311 1985-01-03 7 AFP THE NEWLY-APPOINT-ED executive chairman of Bank Bumiputra Malaysia Bhd (BBMB) has said that he would visit Hongkong soon to find out what went wrong with loans given by the bank's subsidiary in the colony. Basir Ismail said yesterday thatAFP - 311 words
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MONEY AND EXCHANGES
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Article, Illustration390 1985-01-03 7 SINGAPORE The US dollar closed firmer against most major currencies yesterday in moderately active late trading on commercial demand. It opened at 3.1625/3S marks, then rose to a Ugh of 3.1740 in early afternoon trading. The greenback closed higher at 2.6135/ 50 Swiss francs compared with an early390 words
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Article173 1985-01-03 7 I M -1, initrDflni t 3 months 6 3/16 10 o+posii n ■tM 6 months 6 3/16 10 1/8 uss 12 months 6 3/16 10 1/4 Offer Bid Foreign •xehang* 7 days 8 3/8 8 1/4 Opuinfl Closing 1.1508 2.6105 3.1675 251 75 2.1870 2.4415 IfiCM 1173 words
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Article261 1985-01-03 7 AFTER the low closing in Chicago resulting from firm federal funds rate, EarsMlar futures opened slightly higher in Simex yesterday. March Eurodollar opened at 90.51 compared with Chicago's close of 90.48, and traded within a narrow range before settling at 90.51. March settled near the day's low of 0.3175261 words
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Article127 1985-01-03 7 HONGKONG The metal closed easier yesterday but was off the day's low in moderately active trading with the strong US dollar being the major contributing factor. The bullion price ended at $306.80/307.30 an ounce against New York's Monday close of $307.50/306.00 after trading as a low of 1304.90/306.40. On127 words
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Article187 1985-01-03 7 Inter bonk rotes at 3pm CurrvociM NOMjMl fdH iMMMRiM Local defers to out wit of foreign «oole« roo Mm voooportty US dolor 2.1890 2.1900 2.8196 -22.36 Storing pound 2.5261 2.5294 7.3469 -65.62 Australan dolor 1.7897 1.7916 3.4286 -47.80 NZ dolor 1.0382 1 0402 3.4286 -69 72 Canodkm dolar187 words
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Article58 1985-01-03 7 THE Monetary Authority of Singapore has invited banks and discount bouses to tender (or: 1160 million of 91-day Treasury bills to be issued at the option of the tenderer from Jan 7 to Jan 11; and $20 million 182-day Treasury bills to be issued on Jan 7. Each58 words
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Article117 1985-01-03 7 THE OVERNIGHT rate on the Singapore interbank money market fell by 1% point from Monday to close at 6 7 per cent yesterday. The term rates for the one, two and three-month maturities fell by 1/16point each. S$ interbank rates at 3pm yesterday Offer Bid Overnight 6 7/8117 words
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Page 7 Advertisements
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Advertisement154 1985-01-03 7 How lo Reduce Tax Maximise Benefits One Day Conference 23rd January 1965 STRUCTURING CASH, CASH CONVERTIBLE BENEFITS AND ALLOWANCES FOR MAXIMUM TAX ADVANTAGE Speaker Mr Mike Grover, Senior Tax Manager International Firm of Accountants, Singapore BENEFITS IN KIND MORE TAX SAVING TECHNIQUES Speaker Mr Sum Yee Loong MSC FCCA ATM154 words
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FEATURES
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Article485 1985-01-03 8 DECIDING the fate of humanity is no small responsibility. On January 7 and 8, that responsibility, defined as such last month by UN Secretary-General Perez de Cuellar, is in the hands of two men. It is an awesome task which faces US Secretary of State485 words
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Article, Illustration1489 1985-01-03 8 JOHN ELLIOTT - Rajiv Gandhi will have to translate a great vote of confidence into effective government By JOHN ELLIOTT FT THE TOTALLY unexpected and overwhelming landslide victory won at the age of 40 in India's general election by Mr Rajiv Gandhi reflects a national desire for unity andFT - 1,489 words
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Article, Illustration657 1985-01-03 8 SALLY SOLO - By SALLY SOLO AP THERE is a great deal of talk these days about the Pacific community, but there appears to be little understanding of what it should be. The Pacific Basin community also known as "pan Pacific cooperation" and other names hasAP - 657 words
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Page 8 Advertisements
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Advertisement118 1985-01-03 8 The best from Penguin Reference ROGETS THESAURUS I 6» txcuw« wonw fHEiSitiifw cowSTtu* mvwd SSTiSfc k* TwtNT* riAKi yKC*Lir «0* #/£2 The first new completely revised edition for twenty years reflecting recent changes in spoken and written English. Roget's Thesaurus is.an invaluable work of reference and a 'treasure house' of118 words
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Page 8 Miscellaneous
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Miscellaneous647 1985-01-03 8 CRYPTIC PUZZLE ACROSS 1 One guiding the plough? (6) 7 It involves travel for pleasure (4,4) 8 Where a male voice lacks tone (4) 10 Timber courtroom! (6) 11 It enables the angler to have a go (6) 14 One end of Liverpool (3) 16 States in different ways she's647 words
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SPORTS
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477 1985-01-03 9 WALTON MORAIS - By WALTON MORAIS WITH A CAST of experienced sailors, this Sunday's yachting contest for the Tatler-Cartier Trophy is expected to be a blockbuster of keen competition. The list of participants reads like a "Who's Who" of Singapore sailing. Among them, they have combed477 words
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275 1985-01-03 9 Reuter YOUNG American Dan Cassidy, who once said he thought he was too small to play tennis, beat Australian Davis Cup star John Fitzgerald 7-6, 7-6 to collect his first Grand Prix title in Melbourne on Tuesday. Only five months after turning professional,Reuter - 275 words
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325 1985-01-03 9 AFP ZOLA BUDD's return to Britain from South Africa this week, for the first time since her ill-fated Olympic adventure, may not be the prelude to a happy new year. A lot of questions will have to be answered about her intentions,AFP - 325 words
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Article, Illustration400 1985-01-03 9 AFP GABRIEL "Flash" Elorde, 49, acclaimed as the Philippines' greatest ring fighter and former world junior lightweight champion, died yesterday of lung cancer. Elorde had been stricken since May last year wheh he collapsed in his suburban residence and wasAFP - 400 words
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Article, Illustration432 1985-01-03 9 AP CARLOS LOPES, the 37-year-old Portuguese track star who won the 60th St Silvester footrace in Sao Paulo, said on Tuesday he was not surprised with his victory over some 7,000 athletes. "I always compete to win, so I really wasn'tAP - 432 words
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Article, Illustration258 1985-01-03 9 UPI MARY DECKER, whose fall at the Los Angeles Olympics was the sports world's most publicised heartbreak of 1984, began 1985 on a happier note by marrying British discus thrower Richard Slaney in a New Year's Day ceremony. The brief, evening affair atUPI - 258 words
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222 1985-01-03 9 UPI JOHN LEE's third field goal, a 22-yarder with 51 seconds left, gave UCLA a 39-37 victory over Miami on Tuesday in the 14th Fiesta Bowl in Tempe, Arizona, on Tuesday. Lee's three-pointer capped the Bruins' third comeback of the game. UCLA trailed 21-7UPI - 222 words
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Page 9 Miscellaneous
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Miscellaneous1211 1985-01-03 9 to em mm HIGHLIGHTS Panorama Rethinking The Unthinkable 8 pm, Channel 12 A report on the debate which is taking place at the highest level of strategic planning in Europe and the US. Margaret Jay looks at the growing movement among defence experts who feel that policies which rely on1,211 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration727 1985-01-03 10 Three major issues still to be thrashed out INTENSIVE discussions on the sale of British Airways have begun between BA, the Treasury and the Transport Department as the UK government pushes ahead with plans to sell the airline by late spring. Talks have started727 words
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568 1985-01-03 10 Reuter THE MUSIC made in heaven actually comes from four storeys of a red and brown brick factory on Chicago's ageing West Side. Lyon and Healy, which considers itself the world's premier harp-maker, has been turning out the ornately-carved and gilded stringedReuter - 568 words
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232 1985-01-03 10 AP THE FEDERAL Trade Commission (FTC) of the US has dropped its anti-trust case against BAT Industries of Britain for the 1978 purchase of Appleton Papers from the NCR Corp. The decision, written by Commissioner George Douglas, upheld an administrative lawAP - 232 words
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Page 10 Advertisements
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Advertisement187 1985-01-03 10 *< v Bim -JEW n 'r SEir (teal SwSSHWi ■■>■ !>T' f-H iin^ Si JWM? .(i w Pf f=2 > aPcA'i .'1" Jar..- v: _The Tea Garden presents Talay Thong Basket A tempting array of prawns, shrimps, a mussels, crabs, lobsters and crayfish cooked in the traditional manner, n Set187 words
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Advertisement178 1985-01-03 10 fll A A luKNVf^ rl 0* S M ooN glo Two stunning new groups, CITY LIMITS and SUNNY BALA the MOON GLOWS will entertain you from 5.30pm to 12.30 am. (A single group performs on Sundays and Mondays from 7pm onwards.) Now, when you order a glass of Tiger 7m178 words
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Advertisement78 1985-01-03 10 d 0 Time: 12 noon 2.30 pm Price: $12.0CT" Fashion Show: 1.15 pm Models: mori/atoA Modeling Agency Clothes by Romantica Trading Free Shampoo by KdO S POT© Pt© Ltd Ray Ban Sunglasses by Bausch Lomb PRESIDENT MERLIN HOTEL SINGAPORE 181. Kitchener Road. Singapore 0820 Tel: *****22 Daily new Businessmen's Lunch78 words
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Advertisement112 1985-01-03 10 I Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/ CHINESE/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At $16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing pleasure.112 words
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Advertisement137 1985-01-03 10 V Lounge Sip a glass of the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with Keyboard wizard, Danny Koh and our resident band. The Pintos Trio. Happy Hours: spm-7pm. 25% off all drinks. CR^wn ®PMNCE HOTEL 270 Orchard Road Singaporeo923Telex:137 words
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ASIAN STOCKS
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Article387 1985-01-03 11 SYDNEY: Share markets closed slightly firmer yesterday with resource stocks reasonably well supported despite a lack of firm signals from abroad. Near the close, the All Ordinaries Index was up 2.9 at 729.0, the All Industrials Index was up 0.6 at 1082.3 and the All Resources Index was up387 words
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Article92 1985-01-03 11 MANILA: Share prices closed unchanged in dull trading yesterday. The Commercial and Industrial Index remained at 106.31, the Mining Index at 727.97 and the Oils Index at 0.592. JAN 02 Nm 0001 -***** unch Onantol B PM Ovafsaos PMa« B 0 0065 unch 0 0950 -0.0025 Acojt Mninfl Altai92 words
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Article391 1985-01-03 11 HONGKONG: Share prices closed mostly higher yesterday on local institutions' support and in reaction to a Hongkong Bank forecast of 10 per cent real growth for Hongkong in 1965. However, small investors were not back in the market from their New Year holiday. Among the leaders, Cheong Kong rose391 words
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Article205 1985-01-03 11 BANGKOK: Share prices closed lower in quiet trading yesterday, the Securities Exchange of Thailand said. The Book Club Index dropped 0.59 to 127.43 and declines led advances by a margin of nearly three-to-one. Turnover rose to 1,093,036 shares worth 215.2 million baht from a previous 619,619 worth 50.9 million.205 words
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267 1985-01-03 11 Reuter AUSTRALIA'S only uranium miner, Energy Resources of Australia (ERA), has signed contracts with two US utilities for the supply of a base quantity totalling 3,250 short tons of uranium oxide (U308). The larger of the contracts, for the supplyReuter - 267 words
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497 1985-01-03 11 GRAND MARINE Holdings, the shipping arm of the nowdefunct Carrian empire, is set to sink. According to the South China Morning Post, the shipping company's desperate struggle to remain afloat has been effectively scuttled by a decision by most of its secured creditor497 words
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Article, Illustration78 1985-01-03 11 Reuter BROKERS shouted bids daring unprecedented trading ou the New Delhi Stack Exchange when it reopened far the fUpt time m Tnesdny since Prime Minister Rnjlv Gandhi's election win. Mr Gandhi's promise if liberalise the Indian economy sent shares shooting up by 15 per centReuter - 78 words
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63 1985-01-03 11 AFP ALOHA AIRLINE of Hawaii is to stop its unprofitable flights from Honolulu to Taipei soon. A senior airport official said that the last flight would be on Jan 12 and that operations would be stopped because they were unprofitable. Aloha Airline beganAFP - 63 words
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Page 11 Advertisements
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Advertisement478 1985-01-03 11 *'_!/$|:/[({.=\>;<,[}+/[$_&!=~> M w? to JI wt m .> FOR FURTHER INFORMATION CALL sa "S *****11 //Z Z is /f=p *JL -L—— Try our new menu. mnn COFFEE HOUSE 2nd Floor <§fll ApoNo Singapore 405 Havetock Road Singapore 0316. Tel: *****81 •W m The Chef carves at 8.15 pm •very Thursday478 words
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Advertisement65 1985-01-03 11 For reservations please call 734 6622 ext 142 19 Cairnhill Circle Singapore 0922 r^m. %Mii g restaurant u n Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridien 3rd Storey (near hate* lobby) 100 Orchard Road #03-100 Singapore 0923 Tel: *****2265 words
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SHARE INFORMATION
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Article, Illustration4052 1985-01-03 12 THE REMOVAL of the window dressing activities on the first trading day of the new year resulted in a sharp fall by the Singapore stock market yesterday. The BT Composite Index fell 6.93 points to 703.96 while the Straits Times Industrial Index4,052 words
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Article231 1985-01-03 12 SINGAPORE Rites Indices G 1 HMgi S0« 249 C A C 316 KM* Man SO* 210 8o*fc Mi 50< 180 UOF 192 r PoMoi S0< 136 DmI> 1st 139 JC-MPH Loon 79 Falls UOI 300 Tomtfo Corp 139 Ontdi Bohr 580 FM M Boi 380 f MC231 words
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Article410 1985-01-03 12 THE Kuala Lumpur stock market closed the first trading day of 1965 on a dismal note, with share prices drifting downwards across the board. Values opened lower in the morning and eased further before the lunch break. Conditions were similar in the afternoon410 words
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Article3020 1985-01-03 12 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT".3,020 words
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Page 12 Advertisements
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Advertisement6 1985-01-03 12 Butintn don* onttwKLSE Sm pag« 136 words
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COMPANY NEWS
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476 1985-01-03 13 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI SIM LIM Investments Ltd (SLI) has turned in disappointing half-year results, while its 75per cent owned subsidiary, Sim Lim Finance Ltd (SLF), managed to show a small improvement in its fortunes but has decided to skip paying an interim dividend. Adverse476 words
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206 1985-01-03 13 SHAREHOLDERS of Malaysian Containers (1974) Bhd (MCB) are advised not to take any action which may prejudice their position with regard to a cash offer for their shares until further advice from the company's advisers. Arab-Malaysian Merchant Bank had been appointed to206 words
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332 1985-01-03 13 IN SPITE OF the ban on foreign steel imports into Malaysia, life gets no easier for the country's steel manufacturers. Malayawata Steel Bhd, for instance, has reported another pre-tax loss of M 512.8 million in the half-year to end September 1984, compared332 words
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Article86 1985-01-03 13 OVERSEAS UNION Enterprise has agreed to take a 50 per cent equity participation in ChungSing Development (HK) Co Ltd, a company incorporated in Hongkong on Nov 16, 1984. The other 50 per cent shareholder is China Development Finance Co (HK) Ltd, a wholly-owned subsidiary86 words
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Article270 1985-01-03 13 SAMANDA Holdings Bhd, formerly known as Loytape Bhd, has turned in pre-tax profits of M 56.53 million for the year ended September 1964 against $8.48 million the year before. The company carried out a major restructuring in 1983 and now has interests in the manufacture270 words
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LATEST RESULTS
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Article62 1985-01-03 13 For the six months to Sep 30, 1964, group turnover was M 513.4 million and pre-tax profits amounted to $30,000. After taxes, attributable earnings came to $28,000. No dividends have been recommended. There are no comparative figures for the corresponding six months as the company has62 words
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Article34 1985-01-03 13 has an- nounced that for the six months to Sep 30, 1984, revenue was M 53.194 million ($3,116 million) and losses amounted to $4,268 million ($4,163 million). No dividend was declared.34 words
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Article2155 1985-01-03 13 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS A Choc (3.006 3.025) (I) 3.08 (1) 3.02 AMD2,155 words
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537 1985-01-03 13 AMY CHEOK - By AMY CHEOK KENTUCKY Fried Chicken (S) Ltd is calling an extraordinary general meeting on Jan 18 to seek shareholders' approval for the removal of its managing director, Mr Masamichi Yazawa. The decision to remove Mr Yazawa and half a dozen middle management537 words
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Article498 1985-01-03 13 GULA PERAK Bhd said Tuan Haji Salim bin Osman was appointed chairman and executive director from Nov 30 last year and Datuk Seri Haji Mohd Ali Zaini has stepped down as chairman but he will remain as director of the company. Other new directors appointed to Gula Perak's498 words
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Article320 1985-01-03 13 Bernama THE YEAR'S first public issue by Metroplex Bhd has been oversubscribed by 5.2 times. While the response was by no means overwhelming, the issue attracted a sizeable MslB2 million from the investing public. Metroplex chairman Tengku Idris Shah Salahuddin said the public issue of 41.96Bernama - 320 words
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Article228 1985-01-03 13 Monogers' prices Second B'putra 4 86 Third B'putro 4.00 Fourth B'putro 4 41 491 405 for Jan 3 4 46 Singapore Unit Truat Fifth B'putro 3.02 Sixth B'putro 2 89 3.07 294 The Commerce 2.42 2.57 Seventh B'putra (A) 2.03 206 The Sovw»gs Fund 1.67 1.77 Seventh B'putra228 words
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Article97 1985-01-03 13 HONGKONG Australian Industrials Wednesday 1082.3 Hong Seng Index Friday 1081.8 Wednesday 1220.74 Week ago Closed Monday 1200.38 Week ago Closed NEW YORK Dow Jones TOKYO Friday 1204.17 Thursday 1202.52 Tokyo Dow Jones Week ago 1203.29 Wednesday Closed Friday *****.60 Standard and Poors Week ago ***** 59 Friday 166.2697 words
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Article36 1985-01-03 13 MALAYAN Breweries Limited: 51st AGM at OCBC Centre, 19th Storey, (0104) on Jan 29 at 11am. WEARNE Bretheri limited: 70th AGM at 65 Chulia Street #19-00, OCBC Centre (0104) on Feb 6 at 10.30am.36 words
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Page 13 Advertisements
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Advertisement282 1985-01-03 13 NOTICES IN THE MATTES OF THE COMPANIES ACT. CAP. 185 AND IN THE MATTES PHILMAB PSIVATE fl' iy > f. (IN VOLUNTABY LIQUIDATION) MEMBEBB' VOLUNTASY 1 »:i I] iCkfSii At an Extraordinary General Meeting of PHILMAR PRIVATE LIMITED duly convened ana held at 1 Colombo Court #07-07 A. Singapore 0617282 words
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474 1985-01-03 14 SHAHRIR ARIFF, AMY BALAN - By SHAHRIR ARIFF, AMY BALAN SINGAPORE'S business community has given the new Cabinet a vote of confidence in a BT straw poll. Several top executives yesterday described the new team as "good", "strong" and "outstanding". A managing director of a foreign bank thinks there474 words
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Article225 1985-01-03 14 THE ESSO branch of the United Workers Petroleum Industry has postponed its plan for a red armband silent protest against the management. The decision was reached at an emergency general meeting yesterday attended by oil unionists. An official told BT the Esso management had agreed225 words
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576 1985-01-03 14 JOANNE YAP - By JOANNE YAP SINGAPORE needed careful and sympathetic nursing in the next 12 months and not the tough style adopted when the growth rate was a strong 10 per cent, as in 1980 and 1981. This was the opinion of Singapore International Chamber576 words
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870 1985-01-03 14 LISA LEE - By LISA LEE BUYERS exerted the greater pull in the property price tug-of-war last year, with much help from a market that was saturated with properties. With marketing for a large number of projects such as Bay shore Park, Dairy Farm Estate, South870 words
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330 1985-01-03 14 LOCAL surveyors and valuers are asking the new group of political leaders for recognition and equal consultation with their foreign counterparts. "We... do not ask for a privileged share of involvement in building our city of330 words
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Article, Illustration449 1985-01-03 14 RICHARD SEAH - By RICHARD SEAH A CALL for "positive signs" from both opposition and government Members of Parliament was made yesterday by President Devan Nair. Speaking after the swearingin of the new 12-member Cabinet, President Nair said: "How Singapore's parliamentary system will further449 words
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Article63 1985-01-03 14 TRADING remained light on Wall Street yesterday where stock prices fell moderately in the first hour. The Dow Jones Industrial Average was down about 7Vt points to around 1204. Overall, losers held a three to two lead over gainers. Volume was only 13 million shares in 4563 words
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363 1985-01-03 14 SOUTH KOREANS working in Singapore have been warned by their embassy here that they would be sent home if they misbehaved. The warning came after fights broke out between Korean and Thai workers at two construction sites on Tuesday. The363 words
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Article109 1985-01-03 14 AFP A PROMINENT Indian opposition leader yesterday demanded a judicial commission to inquire into complaints of "large scale" rigging in last week's general election, starting with the Prime Minister's constituency. The former ruling Janata Party leader, Ramakrishna Hegde, said a commission of inquiry alone couldAFP - 109 words
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LATE FILE
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Article38 1985-01-03 14 Reuter A GROUP of Philippine opposition politicians backed by prominent businessmen has signed an agreement on a method for choosing a presidential candidate if an early election is called before polls due in 1987.Reuter - 38 words
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Article50 1985-01-03 14 Reuter THE UNITED STATES has insisted that a large amount of European Community steel already shipped to the US but held in customs warehouses should be included in the 1965 quota, raising new problems in a dispute over imports of EC steel pipes and tubes.Reuter - 50 words
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Article53 1985-01-03 14 Reuter WEST GERMAN insolvencies in 1984 reached a postwar record of more than 16,500, according to the debt monitoring agency Schimmelpfeng GMBH. It said the rise from 1983's previous record 16,114 came after expectations of a lower trend in the second half of 1984 failed toReuter - 53 words
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Article52 1985-01-03 14 AFP FORMER Japanese foreign minister Yoshio Sakurauchi has left for Vietnam for a 10-day visit as head of a sixmember Parliamentary mission. He is expected to have separate talks with Vietnamese Premier Pham Van Dong, Foreign Minister Nguyen Co Thach and National Assembly Chairman Nguyen HuuAFP - 52 words
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Article50 1985-01-03 14 NYT IN A POLICY that took effect yesterday, the Reagan Administration is encouraging Federal agencies to hire temporary employees because they receive fewer fringe benefits and can be dismissed much more Easily than career civil service workers, a spokesman for the Federal Office of Personnel Management said.NYT - 50 words
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Article39 1985-01-03 14 UPI WEST GERMAN terrorists have claimed responsibility for bomb attacks carried out against a US army installation and a Turkish consulate in support of a hunger strike by jailed members of the Red Army faction. UPIUPI - 39 words
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Page 14 Advertisements
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Advertisement218 1985-01-03 14 MANAGEMENT DEVELOPMENT PROGRAMME January to March, 1985 Course Course Title No. 1. The Psychology of Winning 2. Financial Management for Non financial Managers 3. Kepner Tregoe Problem Solving Decision Making Seminar 4. Counsellor Selling 5. Achieving Better Performance 6. The Ideal Tax-efficient Emolument Package 7. PR Marketing for the Secretary218 words
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Page 14 Miscellaneous
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Miscellaneous49 1985-01-03 14 Outlook for todoy: Rainy and cloudy. Report for 24 hours prior to 7 30pm on Jon 2 ot the oirport: Maximum temperature 26.6 Associated humidity 91 Minimum temperature 22.6 Associated humidity 99 Hours of sunshine 0.15 Rainfall in millimetres 26.8 Rainfall this month 26.8 Rainy days this month 149 words
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SHIPPING TIMES
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305 1985-01-03 15 THE Far East's largest container base is to start operations at Taoyuan, Taiwan, in May, an Elvergreen Marine Corporation spokesman said in Taiwan. Covering about 265,000 square metres, the base will have a capacity of 15,000 TEUs, the spokesman said.305 words
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Article, Illustration852 1985-01-03 15 JOHN LIM - By JOHN LIM WHEN things are really bad, the optimist can look to the bright side and say that they can only get better. And so it goes in the marine industry, which suffered a dearth of orders last year with several companies852 words
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Article706 1985-01-03 15 Shipping Lin* Nf* Col Shipping Lme 1 tag* Col Afeo VI 3 Hoegh VI 4/5 Ahrenkiel Uner vi 5 Hoegh-Ugkmd VI 4/5 Alphotrons VI 4 Hokster hK VI 5 Andeko Shpg VI 5 HK Cont VI 2 ANL 1 1 HK KJonds VN 1 APC Line V706 words
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port sides
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Article101 1985-01-03 15 Seatrade Week BOTH the Ministry of Transport and the All Japan Seamen's Union (AJSU) are at a loss to solve a recent request from the Indonesian Seamen's Union. The Indonesian union visited the AJSU's Tokyo office in November to ask for co-operation in locating the owner ofSeatrade Week - 101 words
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Article101 1985-01-03 15 LLOYD'S underwriters and the mutual Hellenic War Club, which covers about 75 per cent of the Greek beneficially-owned fleet, will face substantial claims for the damages to ships attacked in the Persian Gulf last month Nine vessels from countries not involved in the Iran-Iraq war have been hit.101 words
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Article, Illustration1558 1985-01-03 16 Seatrade BUSINESS conferences in the shipping world tend to attract delegates for two main reasons: they offer a platform for the views of industry leaders and they also offer an opportunity to make contacts with other delegates in the social events surrounding them. VerySeatrade - 1,558 words
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Article1037 1985-01-03 16 ALGERIA Algiers Nov 15th. About 1-2 days delays. Bejaia Oct 14. Three vessels waiting. Skikda Oct 14. Five vessels waiting. ANGOLA Luanda Dec 12. 8 days. 4 vessels anchored. Lobito Dec 12. No delays. ARGENTINA Buenos Aires Dec 11. 34 vessels berthed. Necochea Dec 11. 1 grain loader1,037 words
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Article240 1985-01-03 16 MARSTON Trinicon (UK) has supplied 15 Flexitanks to the Dutch Red Cross for use in Ethiopia. The Dutch Red Cross shipped its 16,000 litre Flexitanks out via Schiphol to the Ethiopian Red Cross in Addis Ababa. Trinicon's marketing director, Gerry Ask ham, said that Flexitanks240 words
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239 1985-01-03 17 EXECUTIVES made redundant by the collapse of Irish Shipping has set up a new shipping co-opera-tive. The Dublin government's Department of Communications has given the plan its tentative backing and the leading figures in the new enterprise have been asked to give detailed projections to239 words
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455 1985-01-03 17 Lloyd's List OWNERS are flocking to seek information from a confidential dossier of potentially untrustworthy charterers, as spectacular bankruptcies continue to rack the shipping industry. Requests for checks on business partners who may turn out to be "nonpayers" are running at the rate of 1,000Lloyd's List - 455 words
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Article186 1985-01-03 17 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.186 words
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338 1985-01-03 17 Kingsley Wood - By Kingsley Wood TRAIN drivers in Newcastle's Hunter Valley have returned to work after a three-week strike which depleted both coal and wheat stockpiles and stacked up 25 carriers off the coast. In money terms it cost coal producers, rail and port authorities338 words
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327 1985-01-03 17 FT SWAN Hunter of Tyneside, UK, looks like achieving its target of 2,100 job losses by February without having to resort to compulsory redundancies, which unions have said they will fight. Already more than 2,000 of the 7,500-strong workforce have volunteered to go. Mr BobFT - 327 words
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Article513 1985-01-03 18 Jan 7 The application of emulsified fuels to different engine designs theoretical predictions and experimental results, 1530 hours, Institute of Marine Engineers, 76 Mark Lane, London EC3. Jan 14 Soft starting of induction motors for marine and offshore application, 1730 hours, 76 Mark Lane, London EC3. Jan 11513 words
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5983 1985-01-03 22 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.5,983 words
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Article642 1985-01-03 23 sssr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Aust Star HK Container Benavon 0546 42E 63/515 3.1 85 4.1.85 4.1.85 2000 0300 0200 Austasia Jardine Ben Line FSB FSB FSB 0700-0800 0800-1000/1400-1500 1100-1200/1300-1400 B8642 words
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Article1794 1985-01-03 23 The leading shipping lines operating from local ports and their agents. a-b AFEA African Shipping Agencies (Si Afro-Earasla Line Transgroup (Si Ahrenkiel Li»er Service Kim Shpg ISI Alfred C Tnepfer Oceanus Shipping Agencies (Si Marintex Enterprise (PKi Alpac Intrasea (S) Binlang Shpg (KLi Island Cargo Handling and Forwarding (PN) invert1,794 words
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Article411 1985-01-03 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Angelonian 33/4 P Simons alongside 3.1.85/1700 Donam No 8 25/6 NAPL alongside 3.1.85/2300 Kota Banteng 10/11 PIL alongside 3.1.85/0600 Ned Barcelona 44 Ned-EAC alongside 3.1.85/2300 New Leading 19 Sharp alongside 3.1.85/1500 Thai Rainbow 13/4 Sin Chiao alongside 3.1.85/1500411 words
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Page 15 Advertisements
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Advertisement412 1985-01-03 15 HEUNG-A SHIPPING Korea Flag Vsls Regular Liner Semi-Container Service To: P. Ketang/Penanf/Bangkok/Keelunj/ Busan/tnchon Fm: Busan/Moji/H. Konf S'pore Ajent: Neptune Afencies Pte Ltd Tel: *****77 P.K. *****4, PN *****5 K.L. *****0 ®i lARDINK ffl AVIAN I Orient OVBQEU GO*U<mw LINE FULLY CONTAINERISED SERVICE TO EUROPE Vis SUEZ HK CONTAKR 42 QOttO412 words
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Advertisement365 1985-01-03 15 mm a A. UNITED ARAB SHIPPING CO |SAG| I I f SEALORD SHIPPING AGENCIES '0 Shenton Way 04 02C M«nn« Hou»e Singapore 0207 Tel *****94 No CFSofliceTPC 03 30 Tel *****31 end *****32 Terminal oMice TPC 03 29 Tel No *****90 *****93 NATIONAL LME OF BAHRAM. EXPRESS FIN.L CONTAINER SERVICE365 words
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Advertisement4 1985-01-03 15 Companies diversify their operations4 words
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Advertisement806 1985-01-03 15 k Published by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A t.rnes cgon.sa'Ky Ss6 50 MAERSK LINE 'At IF H (ill > P Kelang Penang In Nri 4-5/1 10-10/1 11-12/1 17-17/1 IS-19/1 24-24/1 25-24/1 30-30/1 LEX* MAERSK' LUNA MAERSK REGMA MAERSK LEDA/DRAGOER LOUS MAERSK806 words
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Page 16 Advertisements
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Advertisement244 1985-01-03 16 To Europe FAR EAST/EUROPE CONTAINER SERVICE From Europe 1) Msetltes 2) Rdam 3) HburgU) Gburg VESSEL I 1) Gburj •P Kelang Vessel P Ketanc I S pore Mm Atctplm F«r 1) Barcelona Genoa. 2) Amsterdam. Antwerp, LHanre. Basle, UK. 3) Bremen, Bremerha»en. Aarhus, Copenhagen. Helsinki 4) Malmo. Stockholm. Oslo •Accepting244 words
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Advertisement10 1985-01-03 16 The Baltic Exchange was closed for the New Year holidays.10 words
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Advertisement424 1985-01-03 16 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wml Pacific North Waat Faadar at Tokyo Faadar at Koba Atlantic/Canada Faadar at Koba M/ 2 22/2 VJ 1/3 VI lt/3 14/3 11/3 U/3 14/3 11/3 AI«o accepting LCL Cargo lor USA Ports only. Pan Asia Line, ltd. KB *CI FARMY MX AGENT?424 words
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Page 17 Advertisements
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Advertisement778 1985-01-03 17 The Straits Steamship Group irr-r Mansfield Container Shipping Pte Ltd Overseas Containers Limited CONTAINERSHIP SERVICE 10 UK CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok BOH VON TOKIO EXfttSS CARDIGAN BAY OSAKA BAY FIAMtFUiT EXPRESS KONLOON BAY HAABURG EXPRESS KASUGA MAM TOKIO EXPRESS CARDIGAN BAY S'par* PKeiant778 words
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Advertisement580 1985-01-03 17 Franco Belgian Services i F+r Xaj. xrv%C4 wxj 1 fir fjr L%n*s fULI CONTAWER SERVICE TO EUMPE STOW rJCELMGIitam Rdam Han IMIMHIR OF ACE CONSORTIUMI FULL CONTAHERSHT SERVICE FROM EUROPE Ua HWg rttaoon A'awp L«H»wt PJlataag TRANS WORLD BMDGE OREHTV CHEF KOREAN CHANCE HONG KONG CONTAEER cievaier ru (lan I580 words
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Page 18 Advertisements
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Advertisement530 1985-01-03 18 i on* »<. otfntt r.j». ULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ ol th ce Convytwn TRANSNORU) BRBGE 23* 6 OWE NT W. CHEF 42* 13 KOREAN CHANCE 20* 20 HONGKONG CONTABf* «3* 29 CHEVAIf* PAUL 43* 7 ALSO LOAOING FOR BRFMtRHAVFN FULLY CONTAINERISED TO FROM NORTH AMERICA WEST lUAST530 words
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Advertisement296 1985-01-03 18 EAST MALAYSIA Kuching Sibu/Sarikei SENG LEONG SENG HN4G THONG SOON i AGENCIES PTE. LTD. *09-07. ROBINA HOUSE, S PORE 0106 TEL *****88 TELEX RS ***** BOOKING *****56 (OIRECT LINE) ETA KM SOON LI In Port 10 Jan DESTINATION Penang Penang SIN6APORE TO KUCHING •EQUATOR 7 Jan •EQUATOR IV 14 Jan296 words
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Advertisement465 1985-01-03 18 V u Hapag-Lloyd EXPORTS TO CONTINENT/UK On carria|e to Scandinavia. Med. Carribean tS. America Inland haula(e to inland destinations in Europe |p Kelang Spare Cardtgan Bar Cardigan Bay BenaMer Benaider Osaka Bay Osaka Bit Fiwfctvt Eipress Frankturt Eipress 9/1 El* Em**** 24 1 I Liberator Connecting in Kobe /Use accepting465 words
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Advertisement672 1985-01-03 18 Q EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED./FE) AISO ACCEPTMG CARGO 10 1) PVOVDfNCE SAVANNAH BOSTON PHLADELPHU NORFOLK. IACKSONWLLE MIMNGTON ETC 3) CRISTOBAL BALBOA F 2) ATLANTA CHCAGO DETROIT. COLUMBUS I OTICR MAJOR MCROBRDGE DESTMATIONS MA KHGSTON 4) MONTREAL TORONTO CITY COLON. SAN I Round-The-World West Bound Service672 words
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Advertisement291 1985-01-03 18 Vi mSINOSE 1 MARITIME PTE LTD {{TV ISLAMIC REPUBLIC OF Jrjj IRAN SHIPPING LINES IRANIAN SERVICES Loadnf tar B. Abbas. B. Khomeini PORT KELANG PENANC SMOSi MARITMK PTE LTD Ul *****44, 7 4 *****70 MAtOSE MARITIME SON BHD Tel *****2 3 MALAYSIA TRADE 1 TRANSPORT LTD TH ***** I *****291 words
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Page 19 Advertisements
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Advertisement943 1985-01-03 19 v\c PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA ABAD4 KOTA WARUNA KOTA WISATA KOTA MEQAH KOTA TIMUR KOTA WIR A WAN KOTA PUSAKA KOTA MAKMUR KOTA CAHAYA VOYAGE E-539 E-541 E -5*3 E-545 E-547 E-549 E-S9l HONOK ONQ SINGAPORE LOADING FOR: HOOEIDAH,943 words
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Advertisement634 1985-01-03 19 BENLINE CONTAINERS KkJJEBSEN LINE K, NEW ZEALAND SINGAPORE PORT KELANG K LUMPUR PENANG BEN LINE BENOERA BENDER A BENOERA TEI *****44 TEL *****1 TEI *****5 TEI ***** S.M.S. PRIVATE LIMITED TELEX: ***** SMSPL PORT KELANG PENANG WEEKLY FULL CONTAINER SERVICE S'pore P. Kelang Penang HARVESTER VOl N/0 IS Sailed Sailed634 words
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Advertisement543 1985-01-03 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pore Service Ful Container Vessel. Buun ratotumi Kabe HooftonjS port l|Pnot <»») GOD* VIS Hi 14/12 K/12 N/12 21/12 1/1 3/1 MAIAPAMT Vlf 21/12 30/12 3/1 5/1 J/1 11/1 BK», BAM ULLAH r sonbat rm Spert P. Aetanj riw/UnTtor/Li B'man/KW| Awerp m Pt543 words
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Advertisement449 1985-01-03 19 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadnf for Ranfoon Spore P.Kebnf Penanj Paean VBl 5/7 Jan Phashwejyawywa V 248 in Port Sad Htoneywa Vl9B 8/10 Jan 11/12 Jan Loading for Rdam Hburg Antwerp Merpa V6B Std In Pt Mandalay 7/1 Jan BANK LINE EXPRESS SEMI-CONTAINER449 words
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Page 20 Advertisements
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Advertisement914 1985-01-03 20 >k. *S K. LINE —KAWASAKI KISEN KAISHA, LTD. SRI LANKA/PAKISTAN/INDIA M.S TERESA VOY 1 SINGAPORE JAN 7 COLOMBO JAN 12 KARACHI JAN 20 BOMBAY JAN 24 WEST AFRICA S p<xe Ajentv M.S. TERRIER VOY 1 SINGAPORE LAGOS LOME MATADI KAWASAKI SINGAPORE (PTE) LTD. 135 Cecd Street. =1101 LKN BIDG TEL914 words
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Advertisement581 1985-01-03 20 gKsasf. CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE to<tdin« tor lOS ANf.fllS SAN FRANCISCO SEAIIIE IAC DMA VANCOUVER BC Auepting fCI FCI .mUiOfts AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI FCI Containers VISHVA KAUMUDI (AMD AS KAKRDAS RAWDAS 18 19 lan 20 21 lan 8 9 Feb 10 II Feb Sidn581 words
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Advertisement553 1985-01-03 20 SANKDASIA FROM JAHNfSC POUTS ANO MOMGKOMG GOLDEN LINE o£> GUAN GUAN SHIPPING (PTE) LTD N_\ Knw| Tunf Promcul Bint BuMnf SO C«i Street. yNGAPOff 0104 TEI *****90 (10 LMES) TH Kuili limpur SO? 11 P Keianf *****1 pliant *****8 Pass Gudjnt »i«it ORENT ILOTO (M) SON BHD TU ***** STRAITS/PERSIAN553 words
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Advertisement532 1985-01-03 20 INTRASEA (PTE) LTD. |UJ|| 10 Anson Road »27 16 Internationa Plaza J S.ngapofe 0207 Tel *****11 (10 Lmesl EWBIASEA-LMaT* o BREAKBULK SERVICE TO EUROPE/UK STAR VICTORIA *****16 KARM VATIS S pore P Kelan(Loadmt for 4/1 7/1 SETE/ROTT/ANT/UK. (AVON) 22/1 SETE/ROTT/ANT/UX. (AVON) SEAWOOD SHIPPING CORPORATION S pore NORTHERN VALLEY 10/1 Loading532 words
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Page 21 Advertisements
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Advertisement523 1985-01-03 21 vkNOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia +TW BRIDGE S pore Closing Times a Cargo 0600 6/1 FROM EUROPE (VIA SUEZ) C ROZE 41E N CRYSTAL 27E... MAETERLINCK 4E TO ANO FROM AUSTRALIA: Also accepting cargo to/trom Bangkok and E Malaga lAYAKARTA S523 words
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Advertisement579 1985-01-03 21 SPI*I 4GINIS NFPIUNF AGFNCIFS PTf I ID lel ?*****; ?/gS4W ißooAmjs) ???7510 ??1?0?? (Operjhonsl ????487 ??09?84 (I er trenail ??0?4b0 ??0?b04 (CFS) MAIATStt *ONIS TUNAS SfTIA SON BHD Kt Tel *****0 *****4 PK Tel 389%4 PfN Tel *****5 *****5 r FULLY CONTAINERISED SERVICE TO COLOMBO, ARABIAN GULF, RED SEA, E579 words
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Advertisement898 1985-01-03 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHAMMT NAH SOON SDN BHD IST AND 2ND FLOOR MESSRS HAI THONG SHTfMG 23 Ketd898 words
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Page 22 Advertisements
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Advertisement733 1985-01-03 22 KcjiNmal Container Lines 3 Sailings Weekly I Reliable Regular Punctual Berthing P.S.A. Mon, Wed A Sat REGULAR/FEEDER SERVICE TO PHUKET/SOWGKLA yOY SM SKI* BKK PUT SKLA RATANA BHUM 310/2 CI NK/3 tan 8/7 ljn RAT ANA BHUM 242/311 J/10 tan 13/14 lan HINOPE K| SEN CQ LTD I LTRA HEAVY733 words
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Advertisement80 1985-01-03 22 FARGO SHIPPING COMPANY (PTE) LTD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK 3 SAILINGS WEEKLY Voy Spore Bkk SRI BHUM 201N Wt/3 Jan 4/5 lan THAN* BHUM 151N 6/7 lan 1/9 tan BUNG* KEMUNNG SN 7/8 Jan 10/11 lan S*l BHUM 202N 9/9 lan 11/12 lan Accepting both FCI and ICl: LCI Cargoes80 words
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Page 22 Miscellaneous
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Miscellaneous165 1985-01-03 22 Regional Weather Sr> St il 2 m t I M m Is.' C yA cr* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C JA weather Wind direct'®" wth SP*** l »n knots Rain Wave height165 words
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Page 23 Advertisements
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Advertisement22 1985-01-03 23 L/COKNh French Lin* REGULAR SEMI-CONTAINER SERVICE TO BANQLA-OEBH/INOIA/SRI LANKA/PAKISTAN TORE CHTTMONG HMJM (CALCUTTA) M/V ANJOU VHSS M/V ARMAGNAC V2LSS M/V ARTOC V3ISS22 words
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Advertisement158 1985-01-03 23 26/2 5/3 To Red Sea/Mediterranean From Europe From Red Sea/Med. FEEDER PENANG Also Accepting To: From: (I) Barcelona, Genoa, Bilbao, Leghorn Valencia (2) Amsterdam, Antwerp, LeHavre, Basle, Southampton, Liverpool, London (Tilbury), Conory Islands (3) Bremen, Bremerhaven, Aarhus, Copenhagen, Helsinki (4) Molmo, Stockholm, Oslo Loading for Jeddah ALSO Loading tor Limassol,158 words
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Page 24 Advertisements
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Advertisement218 1985-01-03 24 r to I REGULAR SERVICES TO PHILIPPINES (CALLING TABACO AND MANILA) MV CHRISTINE GAY ETA SPORE (PHILIPPINE FLAG) JAN 3/85 GENERAL AGENTS MIGHTY MARITIME AGENCIES PTE LTD 19 KEPPEL ROAO, #05-02 JIT POH BLDG, SINGAPORE 0208 TEL: *****77 (5 UNES) TLX ***** MKHTY SEA EXPRESS LINE REGULAR SAILING TO INDIAN218 words
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Advertisement341 1985-01-03 24 fort lo part, pecpit to r MilsuiOSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S v—.NO^j GRETKE OLDENDORFF OCEAN ELITE AFRICA MARU WEST AFRICA NEDLLOYD MADRAS 6 Jan Mombasa. Daressalaam. Matsamudu.Zanzibar 11 Jan Mombasa. Daressalaam. 29 Jan Port Louis. Reunion NEDLLOYD MADRAS 8 Jan Monrovia. Abidjan, Apa pa. Douala. Tema Also Accepting Contrs to341 words
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