The Business Times, 4 January 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 FRIDAY, JANUARY 4, 1985 60 CENTS
    12 words
  • 375 1 BT's 1984 year-end ranking of the Top 100 listed companies based on market valuation has thrown up some disturbing features. Membership of the elite Billion Dollar Club has shrunk to only eight from one dozen a year ago. Besides this,
    375 words
  • 529 1  -  PWD to incorporate advances in technology in building programmes By LEE HAN SHIH THERE WILL be more tunnels than flyovers in Singapore's 134 km expressway network when it is completed in the early *****. There are also likely to be three
    529 words
  • 337 1 AP AMERICAN oil traders doubt that Opec can keep cartel members from cheating on production and pricing, analysts said after crude oil and refined petroleum prices tumbled to fiveyear lows in futures trading. West Texas intermediate crude oil, the major US grade
    AP  -  337 words
  • Article, Illustration
    60 1 WEAK sentiment led the Singapore stock market to fail further from its ST 8M support level yesterday. Selling by disappointed pouters who had bought on settlement last month in anticipation of a year-end rally contributed to the fall. The BT Composite Index dropped 6JB points to 07.13, while
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  • 473 1  -  By BOEY KIT YIN MUSIC watchdog IFPI (SEA) Ltd is seeking approval from copyright holders of the hit single, "Do They Know It's Christmas", to take legal action against tape retailers selling pirated versions in Singapore. At the same
    473 words
  • 574 1 Agencies ACCESS to Japanese markets is to be made easier for American companies following talks between US President Ronald Reagan and Japanese Prime Minister Yasuhiro Nakasone. After a three-hour discussion in a Los Angeles hotel on Wednesday, the two leaders emerged to
    Agencies  -  574 words
  • Page 1 Advertisements
    • 103 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Table and full report on Page 14 SFTHSOZE Features, quality, after-sales service. Factors which Sanyo consider important. And you'll find all that and more in the moderately-priced SFT 1150ZE. Such as: A unique Shuttlex System to eliminate messy paper jams. A speaking facility to
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    • 261 1 THE SECRET of the elixir of OUR VIEW COMPANY NEWS Im'JlEh PRESIDENT REAGAN ond Prime Minister Nokasone hove THE KWEKS of the Hong reoched on accord which is expected to lead to a reduction ,n Leong group hove formed lock edt hr ough research Span's massive trade surplus. Later this
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    • 86 1 `]_[%~<-.}^{?~,?+.&)`>.%;@(_;"~ V J f Credit POSB loan ratesthe lowest in town Our interest rates are just 9% pa for all housing loans up to 10 years. And 9V*% for 11 to 25 years. You may borrow up to 100% of your property's value... get a maximum repayment period of 25
      86 words
    • 4 1 [gA! Leader, Page 8
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  • HOME NEWS
    • 618 2  -  NUS don working to slow down ageing process By ANNA TEO THE SECRET of the elixir of life, the mythical substance that man has searched for centuries, could be unlocked through research 'now being carried out at the National University of Singapore. If experiments in
      618 words
    • 395 2 CELLS are the discrete unit blocks of living matter. Every cell is surrounded by an extremely thin membrane (plasma membrane) which is permeable, that is, it allows only certain substances to pass through. Severe damage to the membrane at once destroys the cell. The
      395 words
    • 323 2 THE National University of Singapore's computer studies department is opening its doors tomorrow for the "local computer community" to get a close look at its activities. Guests will not only be given a run-down of current and planned activities of the Department of Information Systems
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    • 129 2 OFFICERS from the Radio And Television Licensing Unit will make a check on radio and television licences in the following areas in January, February and March: Seletar Road, Bedok North St 1, Hougang Ave 5, Haig Road, Ho Ching Road, Tao Ching Road, New
      129 words
    • 393 2  -  By JEFFREY TSANG THE MINISTRY of the Environment has awarded three contracts worth $6.3 million as part of a $10 million draingage scheme to curb flooding. The three contracts are for the building of the Sungei Sembawang Drainage Scheme and the
      393 words
    • 104 2 WITH MORE complex building projects in Singapore, project managers need both technical expertise and management skills to work efficiently, said Mr Ng Chee Yoong, general manager of the Construction Industry Development Board, yesterday. He was speaking at the start of two courses for technical
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    • 585 2  -  By SHAHRIR ARIFF MUSLIMS in Singapore have continued to show their support for the POSB-Giro fund-raising scheme for Mendaki, the council on education for Muslim children. This is in spite of having to contribute "voluntarily" at least 50 cents each month through the Central
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    • 175 2 GETTING no for an answer was probably the best thing that happened to 24-year-old Ng Hoe Thye. The rejection won him a brand new Toyota Starlet in the Caltex "Cars N Cash Win" lucky draw. He received the car from Caltex's managing
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    • 427 2  -  By LISA LEE FEWER accidents occurred on construction sites last year with 300 cases less than the year before. With the increased emphasis placed on safety, the total number of all types of accidents fell from 1,916 cases in 1983 to 1,597 cases last year.
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  • Page 2 Advertisements
    • 65 2 :v 1 I HfITCLWWUXNX Executive Set lunch Daily $1290++ 3-course lunch prepared in the finest Continental style. The ideal place for a quiet business lunch right in the heart of Orchard Road. MftNKttLL Orchard /Somerset Road, Singapore 0923. Tel: *****66 A different menu for every day of the month except
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  • OVERSEAS
    • 189 3 Reuter THE UNITED STATES motor industry built more than 7.6 million cars in 1984, a gain of almost 14 per cent over its 1983 output and the highest production volume since 1979, major companies has reported. General Motors, Ford Motor and Chrysler
      Reuter  -  189 words
    • 54 3 US civil rights leader Senator Jesse Jackson waving to crowds at St Peter's Square during a sightseeing tour yesterday. Mr Jackson arrived in Rome to meet Pope John Paul II to discuss South Africa's apartheid system of racial discrimination and the prospects for international disarmament.
      Reuter photo  -  54 words
    • 236 3 INDIA'S new Lower House of Parliament, dominated by Prime Minister Rajiv Gandhi's Congress Party, will convene for its first session on Jan 15, the government announced on Wednesday. Newly-elected members of the governing Lok Sabha will be sworn in and a new Speaker elected. The
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    • 144 3 Reuter THE INDIAN government has set up a legal aid committee to help the victims of a killer gas leak a month ago and prevent what it called exploitation by foreign lawyers. Minister of State for Law HR Bhardwaj said in New Delhi on Wednesday
      Reuter  -  144 words
    • 237 3 Reuter THE BRITISH economy should continue to improve steadily in 1985 with a broadly based expansion of demand and output throughout the year. Chancellor of the Exchequer Nigel Lawson told the Financial Times yesterday that this, however, would not be a signal for
      Reuter  -  237 words
    • 68 3 Reuter WEST GERMANY, its exports helped by the soaring US dollar, has achieved a record foreign trade surplus in 1984. Wolfgang Bergmann, head of the Trade Data Department of the Wiesbaden-based Statistics Office, said a preliminary estimate for 1984 showed the trade surplus
      Reuter  -  68 words
    • 138 3 Reuter THE Soviet Union is resisting pressure from its European customers for a cut in the contract price of US$2B a barrel for delivered cargoes which has been applied since October. Traders in Rotterdam said yesterday that contract holders for the Soviet Urals export blend
      Reuter  -  138 words
    • WORLD IN BRIEF
      • 56 3 SUSPECTS in three bombings directed against ethnic Chinese property are to go on trial in Jakarta from Monday, the Antara news agency has reported. One of the first six suspects to be tried is M Sanusi, a former minister accused of having provided funds for the bombings. His
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      • 45 3 TEN PRO-CHINESE communists and two policemen were slain in a 30-hour gun battle in the Northern Indian state of Bihar. Bihar Home Affairs Commissioner N K Agrawal said the battle ended at dawn Wednesday in Aurangabad district, 800 kilometres south of New Delhi.
        45 words
      • 51 3 SHARIFFUDIN Pirzada, Pakistan's former law minister, has begun his duties as secretary-general of the Islamic Conference Organisation (ICO) in Jeddah. He was named to the four-year post, succeeding Habib Chatty of Tunisia, on Dec 22, 1984 during the 15th annual conference of ICO foreign ministers in Sanaa, North
        51 words
      • 39 3 INDIA will soon commission a fast nuclear reactor to be built in India, the Atomic Energy Commission chief, Dr Raja Ramanna has disclosed. He did not indicate where the project would be located or any other details.
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      • 44 3 BRITISH Prime Minister Margaret Thatcher has been named "Woman of the Year" by British Broadcasting Corporation radio listeners. Mrs Thatcher won against nine other people, including the Queen Mother, mother of Britain's Queen Elizabeth, in a poll of BBC listeners.
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      • 47 3 A TOTAL, of 58 Tamils from Sri Lanka arrived by boat in the South Indian state of Tamil Nadu on Wednesday after a 10-day voyage and said they were fleeing from torture and shooting by the Sri Lankan Army, the Press Trust of India said.
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      • 79 3 ARGENTINA'S Foreign Minister Dante Caputo has said that Argentina will present a letter of protest to the United Nations if Britain grants an oil drilling concession in the disputed Falkland Islands to a US firm. The private news agency Noticias Argentinas reported on Tuesday that London had
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      • 71 3 Agencies FIFTEEN Thai school children were killed and 21 others injured on Wednesday when a hand grenade exploded at a school in Northern Thailand, police said yesterday. Sa-Nga Chanphet, 11, found the hand grenade in a field at the Ban Rung Laem school about 280 kilometres north of
        Agencies  -  71 words
    • 306 3 AP MILITARY LEADERS from the US, Britain, France, Australia and New Zealand considered the possibility of using nuclear weapons against China 30 years ago, according to 1954 British government papers made public on Tuesday. The papers, released by law from the Public
      AP  -  306 words
    • 647 3 Reuter UPI A NEW US Congress convened yesterday, with lawmakers expected to get down to serious consideration of budget deficits, defence and foreign policy after President Reagan's inauguration for a second term on Jan 21. The 99th Congress has 15 more Republicans in
      Reuter; UPI  -  647 words
    • 312 3 Reuter NORWAY has charged that a Soviet cruise missile flew over its territory last Friday before crashing in Finland, an incident which government sources said could harm relations between the Soviet Union and its Nordic neighbours. The Defence Ministry announced on Wednesday that a tactical cruise
      Reuter  -  312 words
    • 555 4 Situation threatening latest economic reforms Reuter CHINA IS facing a growing problem of a money build-up outside state control, which is not being effectively channelled into constructive development. Western and Chinese economists said that if the problem was not solved the survival of China's latest
      Reuter  -  555 words
    • 343 4 AP NEW AGRICULTURAL policies in China are making a significant impact on the world commodity market, including the amount of grain which Beijing expects to import from foreign suppliers. An analysis by the US Agriculture Department, released yesterday, says that
      AP  -  343 words
    • 275 4 AP Reuter ISRAELI legislators and a Cabinet minister have demanded the resignation of the heads of the Bank of Israel and the country's commercial banks, after the publication of a highly critical report on a 1983 bank-share crash. The crash wiped billions of
      AP; Reuter  -  275 words
    • ECO NOTES
      • 58 4 THE INDIAN Finance Ministry said it has cut the duty on imports of certain machinery and equipment used in the gem and jewellery industry to a standard 40 per cent ad valorem from 164 and 81.5 per cent, effective immediately. It said the reduced duty is designed
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      • 93 4 CHINESE consumers spent a record 300 billion yuan last year, 17 per cent more than in 1983 and twice as much as in 1978, the government said yesterday. Commerce Ministry figures released by the official Xinhua news agency also said sales by collectives and privately-run shops surpassed those
        93 words
      • 54 4 EXPORTS of Swedish arms to Indonesia trebled in 1984 to US$6.5 million, the Swedish newspaper Svenska Dagbladet said. The value of arms sales to Indonesia rose from $2.2 million in 1983 to $6.5 million last year, the newspaper said. Indonesia has now become the fifth biggest foreign customer
        54 words
      • 70 4 FOREIGN investment in Spain is provisionally estimated to have doubled last year to around US$2 billion, the General Directorate of Foreign Transactions said. About 90 per cent of this went towards company capital increases. Favoured sectors were the metal industry, agriculture and livestock raising. Reasons given for the
        70 words
      • 40 4 Agencies PLASTIC bags will be banned throughout Italy beginning in January 1991, the Industry Ministry announced on Wednesday. All other packing and bags made with fibres that cannot be recycled will also be banned beginning the same date.
        Agencies  -  40 words
    • 777 4 ARRIVALS operator Service number Local time From »AA VIAS SIA CAL SAAS FMA NAAS SWR WAS MAS RBA SIA CPA GIA SIA SIA THAI SAS SIA MAS GIA MAS SN SIA GIA GIA SIA SIA SIA THAI RJ GIA THAI SIA RBA SIA KLM CPA MAS MAS
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    • 190 4 UPI CHINA HAS announced a sweeping demobilisation of its standing army, large defence budget cuts and the relinquishing of military facilities for civilian use. Large-scale streamlining of China's 4.2 million-strong People's Liberation Army, the world's largest standing army, is vital to cutting government
      UPI  -  190 words
    • 468 4 Reuter TAIWAN, apprehensive of China's takeover of Hongkong in 1997, is considering whether it should try to maintain some of its commercial and transportation links with the territory after that date. Senior Taiwanese officials said yesterday that while the government is adamantly against
      Reuter  -  468 words
    • 331 4 Bernama THE EQUIPMENT Leasing Association of Malaysia (Elam) has described the Malaysian Finance Ministry's move to raise the capital allowance ceiling for motor vehicles from M 515,000 to M 525,000 as "most sensible". Elam chairman Tunku Naquiyddin Ibni Tuanku Ja'afar, in his
      Bernama  -  331 words
    • 111 4 AFP THE state-owned Tun Ismail Atomic Research Centre (Puspati) in Kuala Lumpur has questioned the findings of a Japanese radiation expert that the temporary radioactive waste dump in Papan in Perak state is 800 times more than the permissible level. The Star newspaper
      AFP  -  111 words
    • 169 4 AFP THE HONGKONG government has proposed a pilot scheme designed to help the rehabilitation of minor offenders by allowing them to suppress mention of their conviction when applying for jobs. Attorney General Michael Thomas and Solicitor General James Findlay tabled a discussion paper on Wednesday proposing
      AFP  -  169 words
    • 396 4 Reuter AP KUWAITI Oil Minister Ali alKhalifa al-Sabah has left for a one-week visit to China, Asia's biggest oil producer; during which he is likely to seek support for the Organisation of Petroleum Exporting Countries (Opec) efforts to prop up
      Reuter; AP  -  396 words
    • 482 4 AFP PRESIDENT MARCOS has said his ruling KBL Party would ride the crest of an improving economy to win the 1986 local and 1987 presidential polls. A palace statement yesterday quoted Mr Marcos as saying that the government's satisfactory handling
      AFP  -  482 words
    • 170 4 Reuter CENTRAL BANK deputy governor Gabriel Singson left Manila yesterday for New York to join discussions on terms for trade credits and new loans for the Philippines. A spokesman said he would join bank governor Jose Fernandez, who has been in the US
      Reuter  -  170 words
  • Page 3 Advertisements
    • 54 3 Hongkongßank Building 21 Collyer Quay Singapore 0104 Office space of the highest quality is available now in this prime location, fronting the harbour and undisturbed by the construction work currently underway in Raffles Place. Reasonable rent, first class landlord, prestige address. Richard Ellis 224 8181 21 Collyer Quay #12-01. Hongkong
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  • Page 3 Miscellaneous
    • 82 3 Doonesbury si m 4. >» m parr you oh.sure, HAZE ANY LOB. BUT FRIENDS WHO ONLY TWO arent street tM STILL PEOPLE, ALICE 7 CLOSE TV. m Tg, e&. u\ m BY GARRY TRUDEAU ONE OF THEWS THIS DRUG DEALER NAMED PUKE. THE OTHER. IS ZONKER HARRIS. HE'S A 016
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  • AIR CARGO
    • 233 5 ARRIVALS Operator Flight Local From number time FRIDAY TMA TL351 0830 BEY/DXB FT FT75 2355 BOS/JFK/ANC /NRT/TPE SATURDAY CAL CI333 0250 TPE CV CV796 0845 LUX/AUH KAL KE685 2140 SEL SUNDAY TMA TL355 0830 BEY/DXB/ BOM/KUL FT FT73 2355 LAX/SFO/ANC/ NRT/OSA/TPE MONDAY NW NW90I 1845 JFK/IAH/LAX/ anc/nrt CAL
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    • 243 5 THAI AIRWAYS International has ordered two A *****-200 widebody twinjets from Airbus Industrie to meet the higher-than-ex-pected traffic growth on its high-density Asian regional-network. The two new A*****-200s will join Thai Airways' present fleet of 10 A*****s in March, allowing
      243 words
    • 53 5 SWISSAIR HAS projected a cargo revenue of 450 million Swiss francs for 1984, which will be an increase of 19 per cent over the 1983 cargo revenue. Freight carried in the first 11 months rose by 18 per cent in tonnage compared with the same
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    • 178 5 Cargonews Asia AIR INDIA is planning to beef up its cargo operations between India and Europe with the introduction of a Boeing 747 freighter to replace a DCBF currently being used. "As a result of growing demand for cargo capacity, we
      Cargonews Asia  -  178 words
    • 392 5  -  By LIM SOON NEO CHANGI International Airport Services (CIAS), one of the two ground handling agents at Changi Airport, will be investing about $4 million in two projects this year to increase its cargo capacity and speed up passenger handling. The company will
      392 words
    • 495 5  -  By YAP BOH HOON FREIGHT FORWARDER Lep Air (Singapore) has drawn up plans to develop the US into its biggest market this year and the next. Lep's executive director, Francis AT Ng, said that from this year, the company would introduce regular air
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  • Page 5 Advertisements
    • 375 5 MERCEDES-BENZ 200 Laskit_-.. A 525 GLM; -f: pending $3 million a day adds up to solid long-term performance Test-drive the Mercedes-Benz 200 at any Cycle Carriage Sales Centre today. CYCLE CARRIAGE CO. (INDUSTRIES) PTE LTD (A member of Cycle Carriage Group) Alexandra Road Sales Centre, 239 Alexandra Road, Singapore 0315.
      375 words

  • BANKING AND FINANCE
    • 806 6  -  Commercial banks suffer losses and trading policies become conservative The last in a series of articles on Singapore's banking and financial developments in 1984. By DAVID GABRIEL THE SINGAPORE money market community experienced a dismal time in 1964. Rarely has there been
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    • 570 6 FT MIDLAND BANK suffered another blow when Crocker National, its ill-fated California subsidiary, revealed that worsening loan problems had forced it into fresh losses of US$2l5 million in the last quarter of 1964. Altogether, Crocker's losses for the whole
      FT  -  570 words
    • 248 6 Reater WEBT GERMANY'S position m alhwHil centre it Mt serieasly radsagrrtd by the worldwide m?e toward* deregalatien mod Hberatlsatiea ef capital aad eqaity markets. Ihadwtiilr beard member ClaM Keehler told the daily IhilrWft flaaaelal newspaper: "The quality e( a flaaaelal eeatre
      Reater  -  248 words
    • 59 6 Reuter THE BANGLADESH government will absorb 10 per cent of the currency adjustment on its foreign currency loans to the private sector to help offset a tall in the value of the taka against the US dollar. The taka is now worth about 25 jo
      Reuter  -  59 words
    • 762 6 NYT JAPAN'S mammoth postal savings system, which for decades has financed industrial growth and government deficits, is facing pressure to change. The system was designed to encourage savings when Japan needed a steady source of lowinterest funds to rebuild its
      NYT  -  762 words
    • 280 6 Reuter HONGKONG'S broadly defined M-3 money supply increased by 1.6 per cent to HK1374.2 billion in November after a 2.3 per cent rise in October for a year-on-year gain of 24.2 per cent, the government said. M-3 rose by 4.5 per cent to
      Reuter  -  280 words
  • MONEY AND EXCHANGES
    • 732 6 SINGAPORE The US dollar closed slightly lower against most major currencies in quiet late trading yesterday due to some profittaking. Operators began to take profits due to uncertainty as to whether the US dollar will rise further from its current high levels and fears of possible Bundesbank intervention.
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    • 120 6 THE OVERNIGHT rate on the Singapore interbank money market fell by point from Wednesday to close at 6'/* per cent yesterday. The one-month term rate remained unchanged, the two and three-month rates rose by 1/16-point each. S$ interbank rates at 3pm yesterday Off* Bid Overnight 6 1/2 6
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    • 220 6 Interbank rates at 3pm gnolnj yttttfdjy *ooe parity chango Local dollar* to on* unit of foreign currency: US dolor Sterling pound Australian doMor NZ dolor Conodion dollar 2 1950 2.5121 1 7834 1 0366 1 6599 2.1960 2.5155 1 7853 1 0387 1 6613 2.8196 7 3469 3
      220 words
    • 346 6 BA Futures Inc ECBADOLLAR futures traded lower yesterday from the weak Chicago's closing because of the firm federal funds and expectation of higher interest rates. March Eurodollar opened at 90.46 compared with CME's close of 90.48 and traded to the day's low of 90.42 before settling at 90.43. As
      BA Futures Inc  -  346 words
    • 129 6 HONGKONG The metal closed yesterday at U*****.90/303.40 an ounce against New York's finish of $301.50/302.00 and an opening of $303.00/50 here. Late profit-taking took prices off the day's high of around $304. On the local market, gold ended HK$3B below Wednesday's close at $2,835 a tahil. The krugerrand was
      129 words
    • Article, Illustration
      280 6 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet trading yesterday. were about changed to 1/li point higher at the start, underpinned by a belief that the Fed will not ease its monetary policy further and that the US economy is set for steady growth. Rates
      280 words

  • Page 7 Advertisements
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      257 words

  • FEATURES
    • 510 8 THIS WEEK America has apparently won major trade concessions from Japan. Later this month, Asean will be putting its own case for better access to the markets of the biggest economy in the Pacific, and it is to be hoped that the same sense of
      510 words
    • 1589 8 The superpowers will talk once again of arms control, but it could be a long process FT ON MONDAY, after an interregnum of just over a year, the superpowers embark on a tentative resumption of arms control negotiations. These will be tentative in at least two
      FT  -  1,589 words
    • 628 8 letter to the Editor DEAR SIR, The ongoing debate about the state of the residential property market has thrown up a variety of views and statistics about its current situation and future outlook. As the national body representing the industry, the Real Estate Developers' Association of Singapore
      628 words
    • 1011 8  -  How the capitalist and communist fared in 1984 Nineteen eightyfour has had its share of significant events in politics and economics. LEONG FOOK HENG looks beyond the deaths and slayings of presidents and premiers to report on how the world has become
      1,011 words
  • Page 8 Advertisements
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      153 words
  • Page 8 Miscellaneous

  • SPORTS
    • 1880 9  -  WITH two days remaining on the 1984 racing calendar, BRIAN MILLER traces the high and low points of the last 12 months, while focussing on the classics and its winners. He also touches on the record breakers, the training feats and the
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    • 277 9 Reuter ON A WAVE of confidence but shrouded in secrecy, Britain's challenge for the America's Cup, due to be staged off Perth in 1987, was launched by the Royal Thames Yacht Club in London on Wednesday. Admiral Sir lan Easton, chairman of
      Reuter  -  277 words
  • Page 9 Advertisements
    • 157 9 OFFICIAL NOTICE PROPOSAL TO CHANGE OP SHIP'S NAME We, Commodity Handling Pte Ltd of 1 Shenton Way #18-06, Robina House, Singapore 0106 hereby give notice that in consequence of the intended purchase and' change of ship's name we have applied to the Registrar of Singapore Ships under Section 417 of
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  • Page 9 Miscellaneous
    • 1150 9 W IMb CaatDLKD HIGHLIGHTS Friday Night Movie The Haunting Passion 10.15 pm, Channel 5 Jane Seymour stars in this ghostly tale of tragic love. She acts the part of Julie Adams, who moves into a new home by the ocean with her husband. She then begins to experience strange things
      1,150 words
    • 686 9 CRYPTIC PUZZLE F ACROSS 7 4 Cap set awry, in one view (6) 7 He's Roman, possibly, j and mounted (8) 8 One on course for a good time? (6) 10 Possibly fair, right and I good man (5) I 13 Used to be a bit of a I wolf!
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  • INTERNATIONAL STOCKS
    • 518 10 FT COLECO, the once highflying US Cabbage-Patch dolls, toys and videogames manufacturer, is planning to abandon the home computer market which it entered amid a blaze of publicity with its cut price Adam family computer system just 18 months ago. As a
      FT  -  518 words
    • 319 10 Reuter WALL STREET on Wednesday suffered its biggest one-day loss in nearly a month as the market ushered in the New Year with some old fears about rising interest rates. The Dow Jones Industrial Average fell by 12.70 points to 1198.87. The
      Reuter  -  319 words
    • 132 10 JAN 02 Abtt6< C$ 32* 42* unch unch Inco 16* 34* unch Ale on 37* 18* unch Bonk Mont 25* 14* Bonk Novo Scotia Be» Tel 13* 35* lobkjw B 19 unch 25* Bfoscan SOW AAC 1*00®' Con Imp Bk 29* Can Prm Mg Conpoc 49* Noraoda Carina O'Keefe
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    • 189 10 JAN 02 Rond INDUSTtlALS A Alpha 890 Abercom 132 At Anrf n 7ASfl A -10 2 Trust Bk Un Sttd UnMC Wocrfwortti 218 102B 530 I475S MININGS 2360 -2 20 60 Amaofoo 340 ***** -100 AMIC 2525 1525xd -175 1075 BuHeK 6850 50 2150 Charter 4506 50 CNA 2305
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    • 423 10 JAN 02 US* 16* 25* US Newmont Mng 35* unch 56 58* 28** 44H 36 V. 164 Alegheny Lud 22* 4* 22 H Oh>o Ednon 13* 34 Ofcn Cp 30 49 40 Airs Cholmecs 6* -H GAF Cp Gen Corp 25 40H Am Broodcost 62* Gen Dynonrcs 69%.
      423 words
    • 746 10 Amsterdam JAN 02 Fb ABN 372 00 +9 ***** 65 Ahold 194 50 8 6 102 00 25 AMEV 214 30 9 8 Amtos 67 50 +3 43 00 +2 3 ***** +2 280 00 +3 Bosko Burtet 76 00 +18 Coftond 33 50 0 5 405 00
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    • 121 10 UPI PEUGEOT hopes for a 30 per cent increase in US sales this year and will concentrate on expanding its share of the luxury car market. Mr Pierre Lemaire, the president of its American marketing arm, Peugeot Motors of America, said: "For the time being, we
      UPI  -  121 words
  • Page 10 Advertisements
    • 482 10 t* i i WUSm/jm* i&i'j&m V'-. <&l St m Wmxt to wine, aiitte rntti eatortola «u* '.v«HSH mm msm tfC The Tea Garden presents Talay Thong Basket A tempting array of prawns, shrimps, mussels, crabs, lobsters and crayfish cooked in the traditional manner. /7 Set lunch and dinner SiB++. Or
      482 words
    • 124 10 London stocks, Pago 15 V 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. c:Rown &PROJCEHOTEL 2700rchard Road
      124 words

  • ASIAN STOCKS
    • 451 11 HONGKONG: Share prices closed strongly yesterday after being mixed in the morning session. The Hang Seng Index ended 15.24 points stronger at a 29-month high of 1,235.98. Finance and utilities sectors outperformed others with the corresponding sub-indices rising 24.19 and 34.85 points to 1,206.53 and 1,374.07 respectively. HK Bank
      451 words
    • 114 11 BANGKOK: The report was unavailable yesterday. JAN 03 Bahts Sum City Cement 560 129.50 2 1 Ayuthoya Inv And Trust 128 1 2 South Asia Fibre Thoi Commercial Bank 526 unch Bonk Of Ayudhayo Ltd Bato Shoe 128 657 1 18 Thoi Donu Bonk Thai Formers Bonk Thoi Gloss
      114 words
    • 421 11 SYDNEY: Share markets closed easier yesterday in thin trading after a number of negative signals from abroad. Near the close, the All Ordinaries Index was down 2.5 at 726.5. National turnover was 26.43 million shares. The decline was attributed to the stronger US dollar, weaker oil prices, fears about
      421 words
    • 94 11 MANILA: Share prices closed lower yesterdsay in trading which is still dull because of the holiday season. The Commercial and Industrial Index was down 1.47 at 104.84, mines eased 3.73 at 724.24 and oils were off 0.009 at 0.583. JAN 03 P*VO! Oriental B Phi Overteas PtWex B 0
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    • 543 11 INTERNATIONAL Bankers Inc SA (IBI) of Luxembourg is making a fresh attempt to take a controlling interest in the Chiu family-controlled Madison Securities. In August, 181 had said it proposed to acquire a 56.6 per cent shareholding in Madison. But the
      543 words
    • 98 11 AFP BECHTEL Group Incorporated of the US will cooperate in the building of a private Japanese nuclear fuel cycle base, industry sources in Tokyo said. The base to extract plutonium and uranium from nuclear waste is to be completed in Aomori, northern Japan,
      AFP  -  98 words
    • 50 11 Reuter HONGKONG Nuclear Investment Co has said it expects to sign in Beijing later this month a final agreement on a joint venture to build a US$3.5 billion nuclear power plant in southern China. Hongkong has said it will not block Hongkong Nuclear's participation in the project. Reuter
      Reuter  -  50 words
    • Corporate round-up
      • 90 11 HUTCHISON China Trade Holdings, a unit of Hutchison Whampoa, has won U5522.2 million in contracts to supply equipment and technology to China. It said in a statement it contracted to supply a rubber factory to Hualin Rubber Factory in Heilongjiang Province. The plant, to be completed
        90 words
      • 77 11 SANWA BANK has completed the previously disclosed acquisition of Continental Illinois Corp's leasing business. The unit has been renamed Sanwa Business Credit Corp, the Sanwa unit said. The Federal Reserve Board and the Ministry of Finance of Japan has approved the asset acquisition by Sanwa Bank. Sanwa
        77 words
      • 95 11 BURROUGHS Corp has said it signed a contract with three Chinese government agencies worth "upwards of US$2O million" for the assembly, distribution and maintenance of small business computers. TTie pact, signed in the Yunnan Province capital city of Kunming, involves the Provincial ImportExport Corp, the Yunnan Electronics
        95 words
  • Page 11 Advertisements
    • 77 11 w v- T4E X 7! 9G 7///. 4-« K f=2 s^aaS TONIGHT! PLUG INTO AN ELECTRIFYING EXPERIENCE! THE DN BAR 4 v lON BAR 405 Havetock Road Singapore 0316 Tel 733 2081 S (^Jjiuwatylr kyjhelm (•fgeod wines, dtiePhniny laic.. Rediscover the Italians' passion for sizzling hot pizza, with our delicious
      77 words
    • 175 11 m t I Come up the staircase to Ihe most modern sound, ight and laser system in Sngapoiei «j?Our new installations, are complete. If you liked the sound of the old Black Velvet Gold you'll flip over our new sound, light and laser system. Bring your favourite friend and join
      175 words
    • 143 11 Paramount Hotef v Whf* lh» happy peopf go 2* s» JP I A. B f Wl I -A special garden atmosphere where time never runs out. Here, master chefs prepare delicious and lingering tastes from gourmet style to simple meals. SPECIAL FEATURES: Daily Buffat Braakfaat $11.50 Daily Sat Lunch $12
      143 words
    • 57 11 Tradewinds r V Soothe yourself with a favourite cocktail. Or dine poolside on local favourites at the Tradewinds. Relax. Unwind to what s Distinctively Hilton in Style. HKTON MTbRNATIONAb SMGAPORh Be in vogue .".:111c Lit )li u\' Very exclusive. Verv different. Very private. It's disco— and more. ffc. I f*/*
      57 words
    • 175 11 Thai Seafood Served In I rue Siamese Style ]s<*\ •> ?/A Thinking of food. Think Thai: Spicy Tomyum Soup, Charcoal-Grilled Seafood. Royal Thai Seafood and our other delectable Thai Cuisine. Or if you're a gourmet cook, take home some fresh seafood from our mini seafood market. And cook up a
      175 words

  • RAW MATERIALS
    • 365 12 AP THE NEW International Sugar Agreement (ISA) 'appears to have attracted insufficient support to come into force as scheduled on Jan 1, diplomatic sources said on Wednesday. The sources, who declined to be identified, said that preliminary information from the United Nations in New
      AP  -  365 words
    • 284 12 Reuter CHINA'S grain imports in the first nine months of last year dropped 29 per cent from the same 1963 period to 7.68 million tonnes, continuing their fall in the first six months. Wheat imports dropped 14.7 per cent to 7.28 million tonnes, but the
      Reuter  -  284 words
    • 473 12 FT WATER is so precious in Botswana that the name of the country's currency, the pu/a, is the same as the word for rain. Much of the country, about the same size as France, is covered by the Kalahari Desert, one of the last
      FT  -  473 words
    • 95 12 (cents/kg, 1-tor i pollen) Jonuory 85 February 85 (current mth) (forward mth) NOON NOON RAS Buyers SeNers Beyers Sellers SSR20 167.00 I69.00N 169.00 171 00N SSR50 165 00 I67.00N 167 00 169.00N MRELB Buyers S«tlerj Buyers Sellen SMRCV 193.50 195.50N 195.50 197 50N SMRL 192.50 194.50N 194
      95 words
    • 170 12 MALAYSIAN crude palm oil prices are set to rise over the next few months as a result of lower output after the monsoon-affected period. Prices have gradually firmed to per tonne currently from 11,160 in mid-December, amid covering and speculative buying interest. Processed palm oil tenders by Pakistan
      170 words
    • 163 12 SINGAPORE The market closed lower yesterday with January One RSS buyers quoted at 168.75 cents per kg, down 1.50 cents from Wednesday. The morning session lost one cent on lack of buying interest in quiet trading. Values lost further ground in the afternoon. MALAYSIA The market closed slightly lower
      163 words
    • 313 12 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Buyers Buyers Sellers Int 1 RSS Prompt 167 25 168 25 166 25 167 25N Int 1 RSS Jon 85 169 75 170 25 168 75 169 25 Int 1 RSS Feb 85 173 75 174.25 173.00
      313 words
    • 78 12 THE KuU Lumpur Tin Market price stayed at the Internattenal Tin Agreement fleer-level price d M 529.15 per kg. la the aheeaee ef aay fresh demand, the hnffer steck manager eentlnned streng baying at that level. Tamever sf tin cencentrates delivered by miners reee te 154 en Wednesday.
      78 words
    • 160 12 Yarn (hi HK$ per bote o« 400 lb) China carded yarn, cones Btu« Phoenix 16's 3,050 Blue Phoenix 20'* 3,200 Blue Phoenix 32's 3,750 Blue Phoenix 40*$ 3,950 Corded yarn, hank 3.400 Btue Phoenix 21's Combed yarn, cones Blue Phoenix 32's 4,600 Btue Phoenix 40's 4,850 Open-end yarn 2,770
      160 words
    • 985 12 COFFEE Futures rose, to new session highs on near the close on Wednesday on pooled account support and finished £69 to £31 a tonne above Monday's closing bids. Support waned when 1,133 tenders were posted against January in the late afternoon but the fund's purchases lifted prices again
      985 words
    • 153 12 Chinos* Produce Robusto 20/25% FOB NSW 492 50 Exchange (Setters' noon ckMM] 3 S$/100 kg) I price* on Jon Nutmeg 110 FOB NSW B W FOB NSW 438 00 281 00 Coconut oil Bulk FOB 180 00 Gambier Old drum FOB 193 00 FOB NSW 305 00 New
      153 words
    • 271 12 Singapore A-l special C-1 special C-1 Ordinary Loonzoin 100% first grode 187 unq (S(/kiio. •x-godown) Thai white unq una 100% 1st doss 100% second grode 235 (kangaroo) 096 070 100% third grode unq new crop 100% 2nd class Parboiled 100% 3rd class 0.70 5% 237 25% new crop No
      271 words
    • 175 12 SOYBEAN futures on the Chicago Board of Trade closed 3V4 to five US cents per bushel lower on Wednesday after setting new contract lows in all old crop months, with March settling at 569 cents on a 10 Va -cent range for the day. The new March low was
      175 words
    • 174 12 WHEAT futures on the Chicago Board of Trade closed quietly mixed on Wednesday, ranging from down IV4 US cents per bushel in March to up Vt cent In new crop. March settled at 346'/« cents after posting a 1V«cent range on the day. Continental Grain was the featured buyer
      174 words
  • Page 12 Advertisements
    • 90 12 This announcement appears aa a matter of record only INDIAN BANK through its Foreign Currency Banking Unit, Colombo U5520,000,000 Negotiable Floating Rate Certificates of Deposits Due January 1988 Lead Managed by National Bank National Australia Bank Limited Singapore Branch Co-Managed by Banque Internationale a Luxembourg BIL (Asia) Ltd Citicorp Capital
      90 words
    • 63 12 A INDIAN BANK through its Foreign Currency Banking Unit Colombo U5520,000,000 NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT DUE JANUARY 1988 In accordance with the provisions of the Certificates, notice is hereby given that for the interest period from 3rd January, 1985 to 3rd July, 1985 the Certificates will carry an
      63 words

  • SHARE INFORMATION
    • 4059 13 THE Singapore stock market continued to ease on thin volume yesterday. The BT Composite Index feU 6.83 points to 697.13 while the Straits Times Industrial Index dropped 6.54 points to 793.18. Volume was 6.35 million units worth $12.67 million as compared with 6.15
      4,059 words
    • 254 13 SINGAPORE Rises Indices M U Mff 50c 214 ♦7 ion 2 ion 3 C C M 448 M T C 7* 354 Mi Yaag 334 Sal 222 PMC JOi 176 P NiMi SOt 139 ff T*/ rtiw nom Joe S«9 lar A Fin 210 +6 5 4
      254 words
    • 430 13 THE Kuala Lumpur stock market continued to lose ground yesterday in spite of some buying activity which emerged in the late afternoon. Trading was quiet and confined to selected issues with many situational counters closing on the plus side. The market opened lower in line
      430 words
    • 2795 13 BID and otter prices officially luted and basinets in and re- ported 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. AU Time SetUement Contracts are quoted after the word
      2,795 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 1345 14 Rank Company Rank Market Value Number of 1984 Par Market Gross P/E at end (in mil) Shares Issued Share Price Value Price as at Yield Ratio 1983 as at Dec 28 (in million) Dec 28 as at Dec 28 High Low 1 0 C B C 1
      1,345 words
    • 2004 14  -  Most corporations that make it to the prestigious BT Top 100 list based on market capitalisation at end-1984, including the veteran leaders, have nothing to crow about their performances, which reflect their worth in the eyes of stock market participants. The bearish
      2,004 words
    • 387 14 KEY (S) Incorporated in Singapore. (M) Incorporated in Malaysia. (UK) Incorporated in the United Kingdom. F First year of listing. AA Not ranked last year. (a) Rights issue of l-for-4 at $4. (b) Bonus issue of l-for-4 and rights issue of l-for-4 at $6. (c) The new holding company
      387 words
    • 529 15  -  By AMY CHEOK THE KWEKS of the Hong Leong group of companies in Singapore have formed three private investment companies in what could be seen as a restructuring of their extensive family interests. All the three concerns have been named after the elder Kweks Kwek
      529 words
    • 109 15 THE Kentucky Fried Chicken franchise in West Malaysia is held by Kentucky Fried Chicken (M) Sdn Bhd and not by Golden Arches (M) Sdn Bhd as reported yesterday. GROWTH Industries Holdings Ltd has increased its stake in Pan-Electric Industries Ltd from 29.7 per cent to 31.59 per cent
      109 words
    • 342 15 INVESTORS and stockbrokers have generally welcomed the proposed introduction of time bargain contracts in the form of settlement trading on the Kuala Lumpur stock market this month as it will provide wider investment opportunities to the public. However, many of them
      342 words
    • 2030 15 BID and otter prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS A Choc (2 986 3.005) (3) 2.98 (3) 3.00
      2,030 words
    • 335 15 THE secretariat of the Capital Issues Committee is to be moved to the Treasury from Bank Negara Malaysia. The move, expected to be made soon, has been the subject of market talk in the past few weeks. The CIC, a watchdog committee established
      335 words
    • 384 15 UNITED INDUSTRIAL Corporation Ltd is paying a nominal sum of HK$l for a controlling stake in another Hongkong company with business interests in China. But this time, it will have to assume debts totalling a hefty HK$2O.4 million in the newly-acquired concern. UIC
      384 words
    • 305 15 Bernama THE MALAYSIAN Capital Issues Committee (CIC) has approved, with revisions, Amalgamated Industrial Steel Bhd's (AIS) proposal of a five-step capital restructuring scheme. The scheme involves a share split, increase in authorised share capital, a bonus issue, rights issue, a special issue and the acquisition of
      Bernama  -  305 words
    • 220 15 Managers' prices for Jan 4 Third B'putro 4.00 Fourth B'putra 4.39 405 444 Fifth B'putra 3.00 Sixth B'putra 2 88 Seventh B'putro (A) 2.02 Seventh B'putra (B) 3 84 Eighth B'putra (B) 3.57 Ninth B'putro 2 96 305 Singapore Unit Trust The Commerce 2.41 2.56 The Savings Fund
      220 words
    • 95 15 HONGKONG Australian Industrials Hong Seng Index Thursday 1061.9 Wednesday 1062.3 Thursday 1235.98 Week ogo 1079.7 Wednesday 1220.74 Week ogo 1176.93 NEW YORK Dow Jones TOKYO Wednesday 1198.87 Friday 1204 17 Tokyo Dow Jones Week ago 1208.92 Thursday Closed Standard and Poors Wednesday Closed Wednesday unav Week ago *****.57
      95 words
    • 1024 15 EQUITIES opened sharply lower yesterday, extending Wednesday's decline, moving largely in line with Wall Street. Worries over rising domestic money market rates and the weakness in sterling and crude oil prices further undermined share values. At 0965 GMT the FTSE 100 Index had shed 19.1 to 1200.9. Midland
      1,024 words
  • Page 14 Advertisements
    • 90 14 CLARE FRANCIS NIGHT SKY .Julie la'scuilx, the young Knglisli woman caught up in one of the most dangerous o|>e rat tons of the French Kesistanee; Paul X'asson, the vieious Paris pimp turned Xa/i eollalxTrator; and David Frcymann, German seientist caught up in unimaginable horror. NIGHT SKY hinds together the destinies
      90 words

  • Page 15 Advertisements
    • 15 15 <r Available at all Good Bookshops Times Juroog. No 2. Jurong Port Road, Singapore 2261
      15 words
    • 311 15 NOTICES IN THE MATTER OP THE COMPANIES ACT CHAPTER AND IN THE MATTER OP AUSTIN TECHNICAL PTE LTD (Meakerf Votary At an Extraordinary General Meeting of the members of Austin Technical Pte Ltd duly convened and held at 583 Havelock Road #02-01 Teck Huat Chambers, Singapore 0316 on 29th December
      311 words

  • 964 16  -  THE MRT SYSTEM By LOH HUI YIN CONSTRUCTION activities of the Mass Rapid Transit system will hit a peak by the middle of this year, thanks to the bringing forward of the second phase. An MRT Corporation spokesman said that during the peak
    964 words
  • 262 16 THE Mass Rapid Transit Corporation, which has awarded over $2 billion worth of contracts, will start the new year with the award of the biggest civil engineering contract so far. The MRTC will announce the award of the contract for the
    262 words
  • 638 16  -  By ALVIN TAY LOANS to the property sector rose by $1.4 billion in the first 10 months last year, accounting for about 65 per cent of the total increase in bank credit. The bigger share of the increase, achieved
    638 words
  • 315 16 UPI MALAYSIAN police were investigating yesterday allegations of corruption and criminal breach of trust by the former directors and senior management of the scandal-rocked Hongkong subsidary of Bank Bumiputra. The bank has lodged a police report based on the findings of a report
    UPI  -  315 words
  • 333 16 THE Singapore Tourist Promotion Board will be paying more attention to training in the tourist industry. This is one of the objectives behind STPB's latest recruitment of top managers. The strengthened management team will help implement the Tourism Task
    333 words
  • 478 16  -  By JAIME LYE TRAVEL AGENTS are breathing a sigh of relief over the Thai government's decision not to increase current travel taxes, because this means a reprieve from the already declining number of Thai visitors to Singapore. The Bangkok Post recently reported that
    478 words
  • 61 16 STOCK prices were lower in early trading yesterday as Wall Street continued a slide that began on Wednesday. The Dow Jones Industrial Average was off about four points to under 1195. On Wednesday, the Dow dropped 12.70 points. In the broader market yesterday, there were five losing
    61 words
  • 326 16 THE RE-WRITTEN employment laws, passed by Parliament last July, will come into effect on Monday. Also coming into effect on the same day is a law prohibiting employers from rostering pregnant workers for night duties. The Labour Ministry yesterday said the date
    326 words
  • 181 16 THE Economic Development Board's former divisional director, Mr Lee Ying Cheun, has joined the Trade Development Board as its deputy chief executive officer. Mr Lee, who has spent several years with the EDB, started work with the TDB on Wednesday, although he had been
    181 words
  • 47 16 Reuter THE LONDON gold price fell to U*****.75/300.50 an ounce in nervous trading early yesterday, its lowest level since June 21, 1982. The selling began in Switzerland against the background of a very firm dollar and triggered liquidation in London in modest volume. Reuter
    Reuter  -  47 words
  • LATE FILE
    • 48 16 UPI ISRAEL has airlifted several thousand Ethiopian Jews known as Falashas and believed by some to be descendants of one of the lost tribes of ancient Israel from the famine-striken African country to Israel and some are being treated in hospital for malnutrition.
      UPI  -  48 words
    • 57 16 AFP THE PHILIPPINES will maintain import restrictions up to 1986 to improve its balance of trade, despite a announcement last October that controls would be lifted. The Business Day newspaper yesterday said industries importing essential goods would be exempt from the restrictions, but "implicit restrictions"
      AFP  -  57 words
    • 41 16 Reuter UP TO 10,000 illegal immigrants enter Australia every year despite intensive efforts to stop them. An estimated 50,000 people are now in the country illegally, the Immigration and Ethnic Affairs Department said in its annual report. Reuter
      Reuter  -  41 words
    • 40 16 UPI INDIAN Prime Minister Rajiv Gandhi was spared a constitutional crisis yesterday when Rama Krishna Hegde, the chief minister of Karnataka State who had resigned, agreed to head a caretaker government until new elections are held.
      UPI  -  40 words
    • 53 16 Reuter THE US has an elite commando force armed with laser weapons, planes and nuclear submarines to strike back at global terrorists, NBC television news has said. A group of 160 people "psychiatrically screened for their willingness to kill" compose the cream of the 2,000-man
      Reuter  -  53 words
    • 34 16 AP JAPAN'S total expenditures on technology in 1984 amounted to 7.2 trillion yen, ranking second in the world behind the US, a report by the Management and Coordination Agency said. AP
      AP  -  34 words
  • Page 16 Advertisements
    • 94 16 BIOTONIC- fltj CAPSULES —**^7 A Tonic for Vigour and Vitality! mr a r/,/A ww ■fi --7 It certainly has many of the Important health-promoting ingredients all 32 of them including GINSENG, BEE POLLEN, VITAMINS AND MINERALS, AMINO ACIDS, RUTIN, LECITHIN, LINOLEIC ACID, WHEAT GERM OIL and Para-amlnobenzoic acid put into
      94 words
  • Page 16 Miscellaneous
    • 53 16 wMm Outlook for today: Clody; occasional ram over several areas. Report for 24 hours prior to 7 30pm on Jan 3 at the airport: Maximum temperature 31.1 Associated humidity 69 Minimum temperature 22.6 Associated humidity 99 Hours of sunshine 7.20 Roinfall in millimetres 0.6 Rainfall this month 27.4 Rainy days
      53 words

  • SHIPPING TIMES
    • 279 17 ONE OF the main items to be discussed when the United States and the Soviet Union sit down for trade talks this month will be Russia's plan to build an alternative to the Panama Canal through Nicaragua. The Soviet plan poses a massive threat
      279 words
    • 607 17  -  By LINDA CHEE IN a move uncharacteristic of trade unions, the Singapore Maritime Officers' Union has put a freeze on wage adjustments to make sure its members stay competitive during the recession. "We realise that if we carry on with large wage adjustments and pressurise for
      607 words
    • 840 17 MpptngUfM P Cot Afeo Ahrenkiel Lmer AC Toepfer Alphatrons Andeka Shpg Ant oh Orient Lm« ANL APC Line APL Arrow Lines ASCL Auobroker A Has Lines Austasio Lme Bott-Orient Bangkok Cont Bank Lme Boyanihon Shpg Ben Lme Blue Star Brantford Int'l BSC Lme Burma Five Star Cameroon
      840 words
    • PORT SIDES
      • 135 17 TMR/ITN AFTER nearly being choked with a surge of import traffic in 1984, the ports of Los Angeles and Long Beach predict that 1985 will see a return to moderate growth this year. In Los Angeles, planning director Sid Robinson said new terminals under construction and a
        TMR/ITN  -  135 words
      • 61 17 TAIWAN'S shipbreaking industry was number one in the world last year for the 15th consecutive year, the Taiwan Area Shipbreaking Industry Association said on Wednesday. A total of 320 ships totalling three million light deadweight tons were scrapped last year, a spokesman of the association said. In 1963,
        61 words
      • 39 17 CIE Generale Maritime said it will increase its freight rates by 7 per cent to 8 per cent on the Australia to Tahiti, Noumea and Vanuatu routes with effect from voyages commencing in February.
        39 words
    • 396 18 Lloyd's List TANKER operators have < begun to force through cut- 1 price deals for the con- struction of very large crude carriers at Japanese j yards and 11 vessels j worth at least £360 million i are already scheduled. The rush
      Lloyd's List  -  396 words
    • 190 18 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
      190 words
    • 1436 18 Depthnews Science SINCE 1860, when British novelist Anthony Trollope predicted the failure of the Suez Canal project, and then again in 1891, when Scientific American magazine derided the Panama Canal plan as a pipe dream, skeptics have assailed important isthmus projects as foolishly idealistic. Yet, history
      Depthnews Science  -  1,436 words
    • 1543 18 CHARTERING on the London shipping freights market began the New Year extremely slowly on Wednesday with no obvious indication of rate movement.. Grain fixing was confined to a 45,000-ton wheat and barley shipment arranged from Vancouver to Rostock aboard an end-January loader at U5515.75 (fio). Coal charterers arranged
      1,543 words
    • 204 19 Cargo News Asia THE Indonesian government has banned the operation of tramp vessels under its recently formulated maritime sector development programme. Director-General of Sea Communications, J E Habibie, in announcing the decision, said tramps would be incompatible with the programme which stipulates that only ocean- going
      Cargo News Asia  -  204 words
    • 562 19 Lloyd's List THE court-appointed receiver of Saleninvest, Sweden's largest shipping group before its bankruptcy, is attempting to reach agreement on an arrangment to save the profitable portions of the group's dry cargo and tanker operations. The sale of Saleninvest's minority stakes in Monitor
      Lloyd's List  -  562 words
    • 286 19  -  By Kingsley Wood A MAJOR meat exporter has warned Australian shipping conferences not to tamper with the fundamental principles laid down when containerisation was introduced 15 years ago. Australian Meat and Livestock Corporation shipping manager, Brian Mernagh, told the cargo handlers' association in Sydney that
      286 words
    • 300 19 HONGKONG International Terminals is investing HK$52 million in new Japanese-built quay cranes to prepare for the expansion of its terminals at Kwai Chung container port. Phase one of the container port extension project is scheduled to be completed in March
      300 words
    • 157 19 SAN Francisco Mayor Dianne Feinstein signed a five-year agreement with the Evergreen Marine Corporation offering discount port charges to the company's container ships. Describing the pact as "a historical agreement," Ms Feinstein told a press conference that "we hope to build an electronic super
      157 words
    • 513 20 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 11
      513 words
    • 2811 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.
      2,811 words
    • 638 25 sbst RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy date/time Operator cargo schedule Location Ned V Diemen 700 4.1.85 2000 Ned-EAC TA 3 0700-0800 HI E Humanity 044WB 4.1.85 2300 G Asia FSB 1000-1100 S4 Sov Accord 47A 5.1.85 0700
      638 words
    • 1813 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agennes (S) Un4M( U«e Transgroup (St. Ahreakiel U»er Service Kim Shpg ISI Alfred C Taep(er Oreanus Shipping Agencies (Si Marinlex Enterprise IPKI Alpac Intrasea iS) Bintang Shpg iKL» Island Cargo Handling
      1,813 words
    • 437 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Donam No 8 Jenhol Ned Barcelona Qu Jiang Shinko Maru Simarlto Tausala Samoa Thai Rainbow Balantang Builder III Car Ace No 1 Coral Princess Friendship I Yermoshkin Kris Melela Lin Petaling Manoloeverett Straits Pride Sun Timor Turkmeniya
      437 words
  • Page 17 Advertisements
    • 497 17 A TIME LIFE BOOKS A WINDOW TO A LIFETIME OF KNOWLEDGE FOR MORE DETAILS PLEASE CALL STP Distributors Tel *****88 mm CONSORTIA LONDON Freights 11/IH SHIPPING Events IV REGIONAL Weather VIII SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X Ml m I 111
      497 words
    • 381 17 UNITED ARAB SHIPPING CO (SAG) &UASC n■ nmu,mm,iwmvi.t r.ir n.i SEALORD SHIPPING AGENCIES 70 Shenlon Way 04 03C Munnii Hou»e Singapore 070' Tel *****94 Tel*»■ No RS ?S4 i CFS office TPC 03 30 Tel *****31 and *****32 Terminal office TPC 03 29 Tel No *****90 *****93 NATIONAL UNE OF
      381 words
    • 919 17 Foreign Exchon9® Dealing Rubkthtd by TIMES BOOKS INTERNATIONAL Times Centre 1 New industrial Road Spore 1953 T«l: *****44 A mentw o» tn© times <>oarx»o#0 ri 556.50 Each MAERSK LINE f* T(M I'ACIKH (ill K VTI WTK FAST < A\ AI INI AN!» l'( UN T PORT TO USA. EUROPE, MIDDLE
      919 words

  • Page 18 Advertisements
    • 348 18 FAR EAST/EUROPE CONTAINER SERVICE To Ewope a BUTMK L WTMK B. WTMK B WTMK B. WTMK B. BUTMK UTLMOU I 1/1 23/1 K BOH IIS/1 38/1 22/1 6/2 29/1 13/2 5/2 28/2 12/2 27/2 19/2 8/3 From Europe 4) Gbwg j VESSEL 1) Gburj |2) Hburgh) Bvenj 4) 5) le
      348 words
    • 498 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South WHt Pacific North Waat Atiav Faodar at Tokyo Faodar at Kotoa Food n PR SP (defter Wl LA/LB OM IMtat SEAT KB PIB Mftar a SM kM 1/1 t»H 1/2 4/2 S KBMUM 7/2 V 2 11/2 YISBM a »/l 1/1
      498 words

  • Page 19 Advertisements
    • 894 19 pm The Straits Steamship Group Mansfield Container Shipping Pte Ltd QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAMPSHP MgS TO/FROM BANGKOK I CONTAINERSHIP SERVICE TO UK /CONTINENT KM VON toko anas nullum mt OSAKA MY FRANOTMT ancss KOM.OON MT HMMURG EXPRESS KASUGA MMU
      894 words
    • 523 19 Franco Belgian Services r*r r■ (MEMBER OF ACE CONSORTIUM* mi cowMP soma to man STORE PJ(£IMKI(Hmt »dm ntm* Han RUm* TRAMSRORU) WDO t to. Ik »ki Hl* Hl* 2FA 4FA SFA orbital am ui» isim «f* sfa 7fa »fa 11 fa 12 fa KOREAN CHANCE 2* to* 22 to* UFA
      523 words

  • Page 20 Advertisements
    • 534 20 tout I-»->■ .aw''Q*. fully containerised service TO EUROPE VIA SUEZ "1 Member ol tht Ace Conwt«m 29/1 31/1 2/2 5/2 5/2 7/2 9/2 12/2 12/2 14/2 16/2 19/2 22/2 24/2 27/2 2/3 2/3 28/2 4/3 6/3 ALSO LOAOMG FOR BMMfRHAVEN rFßf^UßWMH^UE^J^^emoe^oMh^ce Corrsorton CHEVALEX PAUL 42£ CHM CONTAME* 2» CKVAIB) DOS
      534 words
    • 314 20 L S LIME CEPTING FCL BREAK BULK CARGOES TO INDIA/BANGLADESH SENG LEONG SENG HMG 7/8 Jan Kuching/S®u/Sarikei Binatang 10/11 Jan Kuding/SiHi/Sarikei 14/15 Jan SANJ/Kuchinc/Sarikei jp to 251 UAH SOON MANAGEMENT CO. PTE. LTD #12-40 MMfel, ftm«i 4141 M *****11 Tfc: *****54 Immm THONG SOON AGENCIES PTE. LTD. 09-07, ROBIN A
      314 words
    • 305 20 u Hapag-Lloyd EXPORTS TO CONTINENT/UK Spire P Kctafl S ton Wborf B*hj«cn Rd«n It On carria(e to Scandnavia, Med. Carribean ft S America Wand haulajc to inland destinations in Europe TO EUROPE/MED Cardial Ban Cardial Ban Car*tan Bay Osaka Bar Oufca Bay Frankhat Eiprevs Frattvt Express Connectingm Kobe M» accepting
      305 words
    • 710 20 r o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED./FE) ALSO ACCEPTS* CMGO TO: 1) PROVBENCE NENARK. savwmam bottom phlaoelpwa. norfou. JACKSONMUI. WRJRNGTON ETC I) CRISTOBAL. BALBOA t 2) ATLANTA. CHKAGO DETHOr COLUMBUS t OTTO MAJOR MCMWDa DO TWA now M«TOM 4) Mm, TORONTO PANAMA CITT COLON. LAN
      710 words
    • 298 20 V* QSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Snciparc Loadnf tar 21/1 B. Abbas. B. Khomcn PORT ML AUG PENANG SMOSE MARITB# PTE LTD TEL *****44/7 t *****70 MALOSE MARtTB* SON HC let *****2/3 MALAYSIA IRAK I TRANSPORT LTD T« (7893 I 6372b TO
      298 words

  • Page 21 Advertisements
    • 789 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA ABADI KOTA WARUNA KOTA WISATA KOTA MEGAH KOTA TIMUR KOTA WIRAWAN KOTA PUSAKA KOTA MAKMUR KOTA CAHAYA VOYAGE E-539 E-541 E-543 E-545 E-547 E-549 E-551 HONOK ONG SING A PORE LOADING FOR: HOOEIOAH. DJIBOUTI,
      789 words
    • 799 21 BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE FOOM EUROPE HAM BHAVEN IMM HAVRE UK PKELANGSPORE FOR CarMfan Bay Sato) Safer! SaM SjM Sate BonaMar SjM SaM SjM SaM SaOa< Otaka Bar SaM SaM SaM M Safc< Fractal Eiprtti SaM SaM SaM SaM SaiM Kowtaon Bay S/1 f/1 7/1 9/1
      799 words
    • 658 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF EAST KMC (USCHMGMC AM) 10A0MG) S port T Pnofc SOWAI V«B 13/1 17/1 (1« Cad) IAM UUMf wm h Pert Spert KUTAI MM 15 1 SOOAI urn <2M CM) S pert f Ktlmc ft'dam/A'dam Tflwy /IM B men H*bwf Mwerp hW C/l 27/1 M/l 31/1
      658 words
    • 434 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon L 11.1 Sp#re PKetanj Pafan VSI 5/7 Jan Htoneywa Vl9B S/10 Jan Pajan VS2 22/23 Jan Loading for Rdam Hburg Antwerp Mercui Vfit SM Mandaiay BANK LINE 11/12 Jan hi Port 7/1 Jan SPORE R'DAM HULL
      434 words

  • Page 22 Advertisements
    • 1156 22 i \®;k KAWASAKI KISEN KAISHA, LTD. SRI LANKA/PAKISTAN/INDIA M.S TERESA VOY 1 SINGAPORE JAN 6 COLOMBO JAN 11 KARACHI JAN 19 BOMBAY JAN 23 WEST AFRICA M.S. TERRIER VOY 1 S pore Ajents SINGAPORE LAGOS LOME MATADI KAWASAKI SINGAPORE (PTE) LTD. 135 Cecil Street. =11 01 IKH BLDC TEL *****77
      1,156 words
    • 581 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tor lOS ANT,IKS SAN IRANCISCO SEAUIE TAfOMA VANCOUVER BC Aiiepting fCI FCI Contamers AUSTRALIA EXPRESS CONTAINER SERVICE Anepting FCI FCI Container-, PKHang Spare Frern VISHVA KAUMUOt 10 11 Un 17 lan Closing dl PSA COAJ Odd il J? ?300 kn on 9
      581 words
    • 520 22 SANKD ASIA FROM JAfAMfSI FOUTS AMO HONGKONG GOLDEN LINE GUAN GUAN SKIPPING (PTE) LTD Kwjnf Tun( Promcial Bank Biridn(. 60 Ceti Street SMuran 0104 TIL 22IST* <ie LIES) T«t Kuala Lumpur ***** P Keianj 317*1 Penanf XMN Pm GwUn( A|«it OWN! LLOYD <M) SON BHD TEL ***** STRAITS/PERSIAN GULF SERVICE
      520 words
    • 425 22 •NTRASEA (PTE) LTD 10 Anson Road *27-16. International Plaza Singapore 0207 Tel *****1 1 (1 0 L nesl 4, O pa SEAWOOD SHIPPING CORPORATION NORTHERN VALLEY loadm( tor: leddah Hodeidaiv MonfaicQM Afents Saifipore MTRASEA (PEL) lID BOO* KG 224*511 H Lumpur BMTANG SHTPMC CO SON BW «332 M Penanj Mn
      425 words

  • Page 23 Advertisements
    • 612 23 TO EUROPE/UK (VIA SUEZ): S^NOL NEPTUNE ORIENT LINES LTD I Also accepting ca,go Whom Scandmiu TV* BRIDGE S'porc Ctong T,m«: TO C*»» OMO 6/1 FROM EUROPE (VIA SIC) Havre P.Kelani Sintapore HKont K stunt Busan FROM EUROPE (VIA SUEZ) Havre HK CONTAINER 42E Sailed C PAUL 42E Sailed C CONTAINER
      612 words
    • 559 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN, INCHON n/i an MII mi« nijiNis TUNAS SHIA SON BHO Kl Trl *****0 414?44 PK TH *****4 PIN lel 5673/S 3674/S mw No I Donan 409N No Donam 407* No i Donam 409N No 7 Donam WIN
      559 words
    • 731 23 ft swsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUM.DING 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWM! WAH SOON SON BM) IST ANO ?N0 FLOW. NO 1 JALAN CEMPtNING PORT KLANG
      731 words
    • 132 23 J A ahrenkiel liner service DURBAN JOHANNESBURG MAPUTO. MAURITIUS REUNION W WESTBOUND PT SIN LCKJtS DURBAN BEIRA LADY DONA 24W ***** 22 185 2 q. 1 85 1,.,. TRN 1W 31/1/85 19/2 25/2 EASTERN HARMONY 20/2/65 2/3 5 3 (Contrs Only) 2W/85 also accepting cargo for Malawi Zimbabwe ggMmnfM ETD
      132 words

  • Page 24 Advertisements
    • 609 24 Ke<|i(Hial Hontsiiiicr Lines gl 3 Sailings Weekly Reliable Regular Punctual Berthing P.S.A Mon. Wed Sat HINODE KISEN CC. LTD MIDDLE EAST REGULAR LINERj I 1.1 K HK\\\ 1.1 KT \RKIKK SINGAPORE ISLANDS LINE S'pore Loading for 12/15 Jan Durban, Pt. Lous, Reunion. T amative DSR-L.IN VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FULL CONTAINER
      609 words
    • 56 24 HyFARGO SHIPPING COMPANY (PTE) LTD f EXPRESS CONTAINER SERVICE SINGAPORE BANGKOK 3 S AIL INGS WE E K L Y Acctphnf Mb Fa mi La: ia Cv|ott pacfctd al privata CfS Mon-Fri 9am 5.30pm Satarday Sam 12.30pm aid Sun Pub Mi. 7B Kepppl Road 17 07 Taniong Pagar Complei Singapore
      56 words
  • Page 24 Miscellaneous
    • 152 24 F# Regional Weather M m 'A m %k v k> m *9 V ac 9 LL3£ i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Shower Rain Cloudy Sky Temperature Weather °c >A crWind direction with speed in knots Wave height SarteM win is are
      152 words

  • Page 25 Advertisements
    • 332 25 SEA EXPRESS LINE REGULAR SAILING TO INDIAN PORTS Vassal Eta Etd Lm*« Far SEA EXPRESS I PfW 303 29/12 BOMBA T MAM AS COl OMBO SEA EXPRESS I 9/1 12/1 MADRAS/BOMBAY SEA EXPRESS 10/1 13/1 CALCUnA/COLOMBO SEA EXPRESS IV 12/1 15/1 E/NHAUVSM (CONT. FEEDER SER) SEA EXPRESS V 3/1 C/l
      332 words
    • 214 25 LUCKY SEAWAY SERVICES 89 Short Street, 10 07/08 Golden Wall Auto Centre. S pore, 0718 Tel *****55 Tl« ***** S PORE TO EAST ft NEST MALAYSIA ETA PK PNG SAI FONG SIANG NO 1 12/1 10/1 In FONG SIANG NO 2 12/1 15/1 17/1 in S PORE TO COLOMBO CHT
      214 words
    • 620 25 LIN LIN SHIPPING PTE. LTD. 1. Magazine Road, aOS-M. Central Singapore 0105 Tat 533M14 A 533M22 WEEKLY SERVICE SINGAPORE TO KUCHING SIBU 3 u a rr-r 5 s UNITED FORTUNE SHIPPING PTE LTD J W Td: *****23, *****30, *****07. (BOOKMG AGENT FOR) Eta Etd Loading tor TUNG HO I 26/12
      620 words

  • Page 26 Advertisements
    • 354 26 r Km EAST ASIA LINE 1 (Maloyvon Flag) R»gu<f Umr Bf»ic«t BttWMn M'SIA/S'PORE/INDIA P. Kclong P, Gudong S'p or* Ldg fof mm ratTMM i«/i 12/1 REGULM MPAM/STWUTS/JAPAM SERVKCS LAMBOR 1/2 EAST ASM SHPPMB SDR BHD TEL: *****2/36 TU: MA: ***** lALAL MFBC Ki. TU *****1/*****0 Nat/Kab*/ Yokohama S pore Aftnts:
      354 words
    • 365 26 isi iTT* shvippirvg (sirrgapor e) private limited NVOCC DIRECT SERVICE I CONTTTRA TRASTATE N RST V«T 3 ALSO PVOMDM6 85 HONGKONG/TOKYO/KOK 15 ANT/ROTT/HBG 15 LA/Sf/NEN YORK IS MMW/SYD/MELfi TRANSPORTATION OF FCI BASS EUROPE/FAR EAST LINER SERVICE VSL ETA ETD WSCH FROM JASMM 27/1 30/1 HAWURfi/ANTNERP NACY 2«/ l 30/1 -do
      365 words
    • 627 26 C.Y. LINE (A Mtmbtr 01 Ttw ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) S pan P Rda TRAMS WORLD BROS ?3W t/1 1/1 OMENTA! CHEF 4?* 14/1 15/1 KOREAN CHANCE TOD N/1 22/1 HONGKONG CONTWW* 43* 29/1 31/1 LtHarn* Adam F stout Hte|
      627 words
    • 885 26 I COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading tor Callao Malaram 110 and atl otl*r Peruvian ports until transhipment at Robe jR On CPV Through Bills ot latin* to tinal destination Penanj f. Kelanf Sinjaporet K MANOLOEVERETT GAi.25-26/5 lan M lOHNEVERETT 7/9 lan 10/12 1» MURRAYEVERETT 24/26 Jan
      885 words
    • 387 26 Z I M NON CONFERENCE VOEPCNDCNT FULL CONTARCR SERVICE >ccephnt FCL/LCI car|oes to USA East I West Coast. Carribbean and East Canada «ssn A VESSEL a wessci A VESSEL li—>i inrTrTpTri lit' iinnr nunii imii IiSSKI n3ITj ZIM EILAT CONTAINER LINE S'pvt Eiat Trieste Up« V«*e *aa« m M6BMC Ul»
      387 words