The Business Times, 15 January 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, JANUARY 15, 1»85 60 CENTS
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  • 310 1  -  By FOO CHOY PENG MR NG Pock Too, Political Secretary (Prime Minister's Office), will join the National Trades Union Congress from tomorrow. He has just been appointed a deputy director, a title also held by other Members of Parliament such as Mr
    310 words
  • 556 1  -  Buyers capitalising on cheaper prices By LOH HUI YIN BIG PURCHASES by foreign governments have revived the Singapore spot oil market. A small but significant change in policy has seen foreign buyers, mainly the Thais and Indians, coming strongly into the market to
    556 words
  • 476 1  -  By PENG AILIAN IN THE FACE of a worldwide run on sterling, the Bank of England yesterday took the surprise step of reactivating the minimum lending rate and pushing up domestic interest rates substantially. The UK central bank announced during early hours of
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  • 257 1 THE Singapore United Front is prepared to accept the only non-constituency parliamentary seat if an offer is made to its chairman, Mr Tan Chee Kien. And Mr Tan will not reject the offer if the party's central executive committee wants him to accept
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  • Article, Illustration
    63 1 TBK .SINGAPORE stock market elm* tower yesterday to light trading. Attenttoa was toe—sei m a lew emton. The emntofid vetome «C TDM, DBS aai Sime Darhy aeeeaated fer nearly one-third total tonever. The BT Cempeslte Index fell IJS Mtßte to *LSI, while toe Straits Times btetrtal Mex topped
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  • 401 1  -  By ALVIN TAY THE SINGAPORE branch of Bank of America yesterday lowered its prime lending rate by a quarter point to 9.5 per cent, following a similar move by Citibank and Chase Manhattan Bank. The reductions by the three American banks, their fifth quarter-point cut since
    401 words
  • 112 1 A RECORD volume was transacted on the Singapore International Monetary Exchange yesterday. Total turnover for all four contracts recorded 3,019 lots, surpassing the previous record of 2,867 on September 11 last year. The main contribution came from Eurodollar contracts which also hit a high of 1,344
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  • 461 1 Agencies THE SOVIET military build-up in Vietnam, the dry weather offensive along the Thai-Cambo-dian border, and the need for a continued US presence in the Philippines emerged as tie major subjects discussed by senior Asean officials in Singapore during the weekend. Former
    Agencies  -  461 words
  • 100 1 AN INVITATION to visit Manila has been accepted by Prime Minister Lee Kuan Yew, following the meeting of Asean representatives in Singapore. Philippines Prime Minister Mr Cesar Virata disclosed yesterday before leaving Singapore that he had invited Mr Lee to his country to continue
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  • Page 1 Advertisements
    • 63 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Protect your office carpet with Permasil trip-proof plastic sheet AmS& u ISPK > Permasil clear plastic sheets protect carpet and increase mobility. Roof leak, floor chipping, wall paint flaking, rust protection? Use Permasheld protective coating For industrial applications PermosheW E5 i For domestic Applications
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    • 259 1 mm RAW MATERIALS 12 MONEY A EXCHANGE 7 DOONESRURY 6 SONY tightening its hold on Singapore's professional audio-visual equipment market, its second largest in Asia outside Jopan. It also plans a comeback in marketing its Betamox VTRs. Pag* 3 SOVIET FOREIGN Minister Andrei Gromyko has warned the US that Nato's
      259 words
    • 12 1 UK concaroad about •harp fall, Paga 7 r- i l> H Hi
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    • 89 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM N can see vour bank account onTV 24 hours aday UniView, the banking breakthrough by United Banks, puts your bank account on your personal computer TV screen, letting you call up your current account statement, see your current or savings account balance, pay your
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  • Page 2 Advertisements
    • 356 2 Ifs hard to set a record Its harder to keep it Since the first Epson printer made its mark at the 1964 Tokyo Oympics, Epson has been leading the way, setting standards for others to follow. Epson's 20-year trad record of quality and reliability has never been equalled. Behind every
      356 words

  • HOME NEWS
    • 397 3  -  By JEFFREY TSANG MAINTENANCE costs of government offices and buildings, which rose by 23 per cent between 1962 and 1963, can be reduced with the cooperation of civil servants. With this objective in mind, the Public Works Department conducted a pilot scheme last
      397 words
    • 141 3 THE Public Works Department has handed over the new premises of Shuqun Secondary School to the Ministry of Education. The school is at Jurong East New Town and is accessible from Jurong East Street 21. The site, covering an area of 2.67 hectares, sits in the middle
      141 words
    • 125 3 JOHN NELLER and Associates (JNA), an Australian computer software company, has signed a marketing agreement with a company in Singapore to capture a share of the growing regional and local markets. JNA, which sells personnel and payroll packages that run on mainframes and superminicomputers,
      125 words
    • 51 3 ELEVEN health officials from Malaysia are in Singapore on a four-day visit. The group is led by Mr Mokhtar bin Haji Arshad, Deputy Superintendent of Health, Petaling Jaya Town Council. The officials are scheduled to meet the head of the Vector Control k Research Department
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    • 152 3 SINGAPORE is taking part in the world's largest furniture fair for the fifth time running this year. Representatives of seven cane and wooden furniture manufacturers are in West Germany for the six-day Cologne International Furniture Fair, which starts today. Products will be displayed under
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    • 285 3 ABOUT 100 public relations personnel and other company executives, both local and from overseas, are expected to attend the first Public Relations Congress here in March. The three-day congress, starting on March 4 at the Pavilion Inter-Continental, is jointly organised by the Institute of Public Relations of
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    • 258 3 SITTING comes naturally to all. But those who do not like to be seen just sitting around might want to try something more complicated either "sitkneel" or sit in a standing position (or stand in a sitting position). Now, that is slightly more difficult.
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    • 193 3 NGEE ANN Polytechnic staff will be attached to the Mass Rapid Transit project to get first hand experience in tackling the new technology that comes with the system. The industrial attachments, for six to 12 months, form part of the move to
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    • 298 3 POST OFFICE Savings Bank depositors are, to date, the largest group of donors under the Community Chest's donate-through-your-bank fund-sourc-ing scheme. The SHARE-Giro scheme, launched last November, enables depositors to give to the Chest via automatic deductions from their accounts every month.
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    • 480 3  -  By LEE HAN SHIH SONY Corporation yesterday said it is tightening its hold on Singapore's professional audiovisual equipment market, its second largest in Asia outside of Japan. It is also planning to make a comeback in marketing its Betamax videocassette recorder (VCR), which has
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    • 252 3 SINGATRONICS (S) Pte Ltd exceeded its sales target of Ssso million last year and now projects an optimistic 25 per cent growth for this year in spite of the expected slowdown. Managing director Eddie Foo said sales last year reached $55 million, exceeding the target by 10
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    • 81 3 MORE automated teller machine installations are being planned by the Overseas Union Bank. By mid-year, its network of 33 ATMs will be further augmented by 10 more as part of the bank's policy of locating ATMs at convenient places, such as HDB estates, shopping
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  • Page 3 Advertisements
    • 167 3 TV -sr mm UK A y V IWf W r We've added 180 extra dishes to Raffles Place's menu. If you're tired of eating the same old dishes at the same old places we've got great news for you The new Noodle Garden Restaurant at the Golden Shoe Carpark in
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  • OVERSEAS
    • 474 4 UPI SOVIET FOREIGN Minister Andrei Gromyko has warned the US that Nato's continued deployment of US missiles in Western Europe will jeopardise the new arms control dialogue between the superpowers. In a rare appearance on a television talk show on Sunday, Mr Gromyko also
      UPI  -  474 words
    • 346 4 UPI BUDGET DIRECTOR David Stockman has acknowledged that the budget plan President Reagan was sending to Congress was not expected to meet his goal of a US$lOO billion deficit by 1988. Stockman indicated on Sunday that Mr Reagan who promised in 1980 a balanced budget by
      UPI  -  346 words
    • 824 4 ARRIVALS Operator mmlwr Local time From PAA PAQ05 MH60I 0155 JFK/SFO/HKG MAS 0/20 KUL SIA SQ43 CIO 10 0730 DHA CAL 0805 JED/DHA MAS MH68I 0820 KUL TMA TL351 0830 BEY/DXB/KUL MAS MH603 0905 KUL SWR SRI 76 0930 GVA/ZRH/BKK MAS MH67I 0935 KUL MAS MH8IJ 0940
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    • 227 4 Reuter UNITED NATIONS Un dersecretary-General Brian Urquhart is expected to confer with Israeli leaders as the Cabinet concludes a debate on the unilateral withdrawal of Israeli forces from South Lebanon. The ministers began their discussion in Jerusalem on Sunday on Defence Minister Yitzhak Rabin's
      Reuter  -  227 words
    • 328 4 Reuter CHINA has increased the number of its fighter planes near the border with Vietnam to 1,000 from 600, a Japanese newspaper reported yesterday. The conservative Sankei Shim bun quoted international military sources as saying the extra planes based in an area within
      Reuter  -  328 words
    • 227 4 Reuter FALLING OIL PRICES are stifling incentives to make more efficient use of energy, posing a long-term threat to the world's environment and its economies, a private study has warned. Although the world has made great strides in using energy more efficiently over the past
      Reuter  -  227 words
    • 342 4 Reuter ITALIAN POLICE are seeking the killers of a young Libyan diplomat shot dead in Rome a year after Libya's ambassador was killed in a similar attack. Farag Omar Mkhyoun, 31, was shot three times on Sunday near his apartment while on his way to the
      Reuter; AP photo  -  342 words
    • 414 4 AFP Reuter AUSTRALIAN Foreign Affairs Minister Bill Hayden has said that his country is keeping close tabs on the "very difficult and potentially dangerous situation" in the French Pacific colony of New Caledonia. Commenting on proposals for independence put forward last week by
      AFP; Reuter  -  414 words
    • 153 4 Reuter AUSTRALIA'S trade deficit totalled US$627 million in the first half of the 1964/85 fiscal year ended Dec 31, against a $171 million surplus in the year-ago period, the Statistics Bureau said. The current account deficit widened to $4,820 million in the
      Reuter  -  153 words
    • WORLD IN BRIEF
      • 54 4 SCOTLAND YARD has said that it is hunting "cold-blood-ed and ruthless" killers who murdered an Asian shopkeeper for a few pounds. Two men raided a grocery store owned by Ravji Siyani in West London and shot him three times last Saturday. He died on the spot of
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      • 41 4 CHINESE TRAVELLERS frequently must book train and bus tickets 15 days ahead because of high demand. The Economic Daily yesterday quoted Guo Hongtao, president of China's Transport and Communications Association, as saying the problem is hampering national modernisation. Agencies
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      • 68 4 Ed a demand for the return of a naval patrol craft and its crew seized by India last Friday, saying that as a state vessel it is immune from Indian jurisdiction. Foreign Minister Sahul Hameed has told the Acting Indian High Commissioner KR Sinhe to inform his government that the
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      • 76 4 SIX MEN went on trial in England yesterday on charges in connection with the alleged kidnapping and murder of Indian diplomat Ravindra Mhatre. Mhatre, 48, an assistant commissioner at the Indian High Commission in Birmingham, disappeared almost one year ago. His body was found two days later
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      • 57 4 BEIJING teacher training students have hung illegal posters attacking a grants reform which deprives ordinary students of holiday money to give high performers extra scholarships. The protest is against a move to cut the 18 yuan university grant during vacation time. University authorities aim to use the money
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      • 7 4 SRI LANKA yesterday repeat-
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      • 72 4 A TAIWANESE wanted in the US has said that his country's intelligence officials were involved in the murder of a Chinese-American journalist in the US in October. The official Central News Agency yesterday quoted an unidentified organisation as saying that Chen Chi-li, 39, arrested in Taiwan on Nov
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      • 65 4 FIVE MINORITY Tamil separatists failed in a bid to escape a detention camp near Galle in south Sri Lanka on Sunday as a military guard opened fire with a sub-ma-chine gun. Police in Colombo said yesterday that the detainees were attempting to scale a 3.6-metre fence when
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    • 575 6 AP Reuter JAPANESE POLICE yesterday mobilised 15,000 plain-clothes •officers in the Tokyo area to patrol supermarkets and department stores and guard the homes of Fujiya Corp executives in anticipation of new moves by the candy extortionist group expected today. The Tokyo Shimbun news.paper said
      AP; Reuter  -  575 words
    • 128 6 AFP HUN SEN, foreign minister in the pro-Hanoi Phnom Penh regime, has been elected premier. The official Cambodjan news agency SPK, in a report monitored in Bangkok yesterday, said that Mr Hun Sen, 34, a former colleague of Khmer Rouge leader Pol Pot,
      AFP  -  128 words
    • 216 6 Reuter BRITAIN'S first commercial rent-a-womb baby, whose future was to be decided by a London High Court judge yesterday, has been whisked out of the country. "She is outside the UK, somewhere else in the world but I cannot say where," lawyer Derek Kirby-Johnson
      Reuter  -  216 words
    • 84 6 AP JAPAN received more than twice as many overseas visitors in 1984 as in 1983, and the Japan Travel Bureau predicts the trend will continue, although not as dramatically, this year. Recent figures by the bureau show 2.14 million people, more than half from
      AP  -  84 words
    • 285 6 Reuter ISRAEL has quietiy established a small space agency and hopes eventually to put its own communications satellite into orbit. Set up two years ago by the government, the agency has been operating without fanfare from a suite of rented offices in
      Reuter  -  285 words
    • 302 6 AFP OIL FIELDS off the shores of southern Vietnam are to move into a production phase this year. Vietnamese Communist Party official, Hoang Tung, said in Hanoi yesterday that offshore oil output would remain "low" in 1985. He did not give any figures.
      AFP  -  302 words
    • 676 6 FT SWITZERLAND has always been proud of the strictly neutral stance which has kept it out of foreign wars since 1815. But recently the country's most senior soldier has implied that a more pragmatic view might be necessary in
      FT  -  676 words
    • 171 6 Reuter CHINA urged the United States and South Korea yesterday to do nothing which might hamper efforts to reduce tensions on the Korean Peninsula. The statement came from a Foreign Ministry spokesman when asked to comment on the action of China's ally, North Korea,
      Reuter  -  171 words
    • 61 6 Reuter-UPI HIGH VOLTAGE, a 1.2-tonne black Angus bull bought for US$l.5 million at last year's National Western Stock in Denver, Colorado, quietly standing in the lobby of the Brown Palace Hotel, a downtown Denver luxury hotel. High Voltage, which is currently valued at $5 million, is
      Reuter-UPI  -  61 words
    • 105 6 UPI A SECRET police colonel who denied charges of instigating the murder of a pro-Solidarity priest and implicated his superior in the crime has been ordered to give further evidence. Colonel Adam Pietruszka, the most senior of four secret policemen on trial for the kidnap
      UPI  -  105 words
    • 146 6 AP CHINA'S communist party secretary-general Hu Yaobang has asked the country's scientists to gear their work more closely to the needs of economic modernisation. Mr Hu told a Sunday forum of the Chinese Academy of Sciences that the country's leaders wanted closer contacts
      AP  -  146 words
    • ECO-NOTES
      • 50 6 THE state-owned Oil A Natural Gas Commission (ONGC) expects to double current oil and gas production by 1988/89 ending March, ONGC chairman S P Wahi told a business meeting. India has a 1984/85 production target of 29 million tonnes of oil and seven billion cubic metres of gas.
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      • 50 6 PENINSULAR Malaysia posted a trade surplus of MJ96.4 million in October against deficits of $53 million in September and $78.2 million in October 1983, the Statistics Department said. In the first 10 months of 1984, the deficit narrowed to $271.1 million from 2.45 billion a year earlier.
        50 words
      • 65 6 A WORSENING trend in Brit- ain's non-oil trade continued 1 in 1984, resulting in an expect- < ed deficit of £11 billion to EU.S billion, against a surplus i of £2.75 billion in 1979, stock- i brokers Phillips Drew said. i The firm said in an eco- nomic
        65 words
      • 76 6 A SURGE in exports in 1985 will give Western Europe its highest economic growth in five years, Time magazine reported its European Board of Economists as predicting. It said low inflation, a 3.5 per cent increase in productivity, and declining interest rates will also contribute to 2.8 per
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      • 68 6 Reuter THE Confederation of British Industry (CBI) said in a statement to the government that a tax on occupational pensions, a rumoured Treasury proposal, would result in cost increases of up to 20 per cent on wage bills. The tax, if imposed at the next budget in March,
        Reuter  -  68 words
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  • Page 5 Advertisements
    • 253 5 Par 10 years you've given us your support and trust TOISrP:nU:::H-i:;::::l::. !^rtr r i f ~j£i 3 •3Eas r -r. > =i 4lriMhHfgF% -j. '"4 'mm •~i; 'J* s-; 'u- ,fis -■"v IP 7 m Wr ■■K ■S jp w H,. ■a* «t$= r •FtF 4- jji m ..ITU-T: Sfc
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  • Page 6 Advertisements
    • 345 6 ORGANIZATIONAL RESOURCES SDN. BHD. \JtCjD Presents An International Conference On MALAYSIAN BUSINESS INVESTMENT OPPORTUNITIES Sponsored by The Ministry of Trade Industry, Malaysia OFFICIAL OPENING BY THE MINISTER OF TRADE INDUSTRY, YBM TENGKU TAN SRI RAZALEIGH HAMZAH Opportunity to develop profitable ventures Face-to-face on doing business in Malaysia. Dialogue with key
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  • Page 6 Miscellaneous
    • 72 6 Doonesbury tJ6H,OHCEI BOUGHT THeemeLjeorve AHP IXALAMXm&J) THEN RAZE MOST OF THE SUR UHAT' ROUHPN6 SHAHTtES. 'I'M m II 5! n r« A S3 I f A V.\'\ Mv: BY GARRY TRUDEAU Cr° m#s uelljbetT&GETBACKVTHE AMAZM, aiI*&MTHE "ft™* wcniOFSUH&y mtSSw wmau*. AMAZING 1 C m \7 *,y I MM, BUT ms
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  • BANKING AND FINANCE
    • 640 7 SINGAPORE Sterling recovered to close at US$l.ll7O/80 yesterday after falling to a record low of $1.1020 in early trading, but remained slightly lower than its New York Friday close of $1.1180/ 90. The US dollar closed slightly firmer at 254.50/60 yen compared with New York's Friday 254.40/50 close,
      640 words
    • 226 7 Interbank rates at 3pm qyotod yttitrdiy c r«M parity chiogi Local dot Ion to on* unit of foreign currency: -22.01 US dollar 2.1990 ***** ***** Sterling pound 2 4441 2.4475 7 3469 -66.73 Australian dollar 1 8031 1 8051 ***** -47.41 NZ dollar 1 0537 1 0557 *****
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    • 160 7 HONGKONG The metal closed slightly higher in moderately active trading yesterday. It ended at US$3Ol.OO/50 an ounce compared with Saturday's $299.30/80 close and the $299.25/75 finish in New York on Friday. Local gold added HK$l9 to close at $2,809 a tahil. Krugerrand climbed $10 to $2,440. TOKYO Futures closed
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    • 118 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/8point from last Friday to close at 6-1/8 per cent yesterday. The one, two and threemonth term rates rose by 1/16-point each. S$ interbank rates at 3pm yesterday Offer Bid Overnight 6 1/8 6 1-month 5 15/16
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    • Article, Illustration
      332 7 Asian market ASIAN dollar deposit rates closed steady at slightly higher opening levels in quiet afternoon trading yesterday. Periods firmed between 1/16 and 1/8 point at the start, supported by news of a rise of U557.95 billion in US consumer credit for November. Rates stayed at these levels with one,
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    • 153 7 Reuter GERMAN BOND prices could well continue last Friday's sharp downtrend this week as renewed upward pressure emerges on interest rates, bond dealers and economists said. The Bundesbank could raise its 5.5 per cent Lombard rate at Thursday's council meeting, although most economists see
      Reuter  -  153 words
    • 158 7 EURODOLLAR futures opened yesterday with an uncertain note because of the weak closing in Chicago last Friday. March Eurodollar opened at three ticks higher than CME's close at 90.74 but a wave of selling pushed ot to the day's low of 90.68. But support could be found at 90.66
      158 words
    • 296 7 Reuter THE BRITISH government has shown its determination not to let sterling sink much lower at the start of a critical week for the currency on the world's money markets. In an attempt to calm market jitters, the Treasury last night issued a rare
      Reuter  -  296 words
    • 182 7 AFP PRESIDENT Ferdinand Marcos of the Philippines said the strength of the peso against the US dollar reflected the success of the austerity measures pledged by the government to its foreign lenders. Mr Marcos reportedly said: "The continued strength and the stability of the peso
      AFP  -  182 words
    • 181 7 Reuter THE BENEFIT to the bond market of sagging commodity prices and the strong US dollar may not be enough in the week ahead to overcome worries about accelerating economic and money growth. Analysts said that though some believe improving
      Reuter  -  181 words
  • Page 7 Advertisements
    • 345 7 IVe been christened Cecil K Court. But really, I'd much m m rather you simply call me gf j Cecil. And now that my showoffice is ready and open for viewing, A consider this an open invitation to look A me over. H Find me at the corner of Cecil
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  • FEATURES
    • 479 8 SINGAPORE'S senior citizens will not fade into insignificance. Certainly not, in particular retired people with substantial CPF savings. Indeed, in the years to come, when they form a larger proportion of the population, they will step into the national spotlight and become a subject of
      479 words
    • 1148 8  -  Industrial waste is a problem many countries encounter, and Singapore is no exception. However, enterprising entrepreneurs see opportunities in waste disposal, and they have the added backing of the government. JOANNE YAP reports. JOANNE YAP WASTE and what to do with it, is one of
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    • 292 8  -  Letter to the Editor N C Cox DEAR SIR, I was interested by your editorial of Tuesday, Jan 8, entitled, "Don't Block Exit To Fire Safety". The point put forward by owners of "security" is, in fact, a red herring, as panic
      292 words
  • Page 8 Advertisements
  • Page 8 Miscellaneous
    • 924 8 TCU IjMDKD CHAMMEIS AM SBC Text "Live" San** Paces A I Q- IJ upenvig ana rropanwiic npwjTus twlowed by The Struggle Story Time (Tamil/r) Troupers: Featuring Al Simmons, a oneman band. Battlestar Galactica Greetings from Earth eg i r it, rroframmc rwpwjnis News (English) Selera Rasa The Last Tree lickey
      924 words
    • 647 8 CRYPTIC PUZZLE ACROSS 3 Heathenish cause of a pang? (5) 8 Where, in France, a good standard exists (5) 10 Nice place for a bender? (5) 11 Force into a sandwich? (3) 12 Land of lacquer (5) 13 Not a straightforward mental condition (7) 15 Discontinue on out-of-the-wa> case (5)
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  • SPORTS
    • 2545 9  -  Singapore's foremost trainer Ivan Allan talks about a career studded with winners Ivan Allan has made a name for himself in horse-racing circles here and abroad. In spite of a near-fatal incident when a gunman pumped four bullets into him in 1983, Allan's enthusiasm on the
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    • 559 9 AP LANNY WADKINS had to make up four shots on the last five holes of regulation play to tie Craig Stadler, when he beat him with a birdie on the fifth hole of a sudden death playoff in the Bob Hope Classic on
      AP  -  559 words
    • 378 9 JOCKEY Larry Francis still doesn't know what hit him. "One moment I was disputing the lead on a horse named Lord Sterling. The next thing I knew, I had woken up in hospital with a severe pain in the shoulder." In a telephone
      378 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 46 9 Play golf the Sevvy way ITS IMPOSSIBLE TO HIT A GOOP SHOT IP VOO THINK OF TOO WNN1HIN6S, SMiHfr pwoetewfe ON the. piMcnceGROUNP. NOT DURING GOING THROUGH AFTER IMPACT IS PPKT OP GOOP TEMPO- IT COMES WITH PRACTICE. m <1 m u 5^ KM Ml «r»
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  • INTERNATIONAL COMPANY NEWS
    • 1125 10 US companies will have to make prudent investments as they plunge more heavily into debt NYT ON THE WHOLE, the American oil industry has been able to operate relatively loosely for a decade. Oil prices jumped tenfold during the period, and company coffers brimmed.
      NYT  -  1,125 words
    • 159 10 Reuter HOLIDAY INNS INC plans to buy up to eight million shares of its common stock by inviting shareholders to tender their shares at US$46-$49 per share. The share purchases will be financed by a $500 million credit agreement with a group of
      Reuter  -  159 words
    • 161 10 Reuter DATAPOINT CORP, a Texas computer company, has declined special requests by investor Asher Edelman and an unidentified company which proposed to buy Datapoint for US$23 a share. Chairman Harold O'Kelley said Datapoint will consider Mr Edelman's offer but will not allow his requests for 60 days
      Reuter  -  161 words
    • 69 10 Reuter BUCKMASTER AND MOORE, in which Credit Suisse has agreed to buy a 29.9 per cent stake, will add a dimension to its international business while widening the London stockbroker's client base. Hans-Ulrich Doerig, Credit Suisse general manager for stock market operations, said Buckmaster and Moore
      Reuter  -  69 words
    • 273 10 Reuter BRITISH AIRWAYS and 11 other companies have offered former airline tycoon Sir Freddie Laker and his creditors more than US$4O million to settle an American conspiracy case. A source close to lawyers of the companies said the deal had been offered to Sir
      Reuter  -  273 words
  • Page 10 Advertisements
    • 393 10 If music br the food of love, we ha\e holh at .The BEEFEATER < 'j* ll Where the music is decidedly nostalgic and the food is unbelievably English. It's the most original pub, this side of London. You'll like it, even if you're not a Londoner. 05-03 Liat Towers. Orchard
      393 words
    • 66 10 o jrrace Garua? Time: 12 noon 2.30 pm Price: $12.00** Fashion Show: 1.15 pm Models: flUOfi/OIOA Modeling Agency CkXhes by: Swimate Romantica Trading PRESIDENT MERLIN HOTEL SINGAPORE V/ 181. Kitchener Road. Singapore Tel: *****22 Daily new Businessmen's Lunch at only $12.50 Today: Fotage Parmentier Boiled Beef Flemish Style Fresh Vegetables
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    • 115 10 •Qqf. frTJrand Eniov Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/CHINESE/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At Sl6/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing pleasure.
      115 words
    • 140 10 PI b «5 r V fk Ffcng L6u Teochew I Restaurant for the best Teochew delicacies and dian- xin in town, t Discover mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while you dine in Oriental splendour. Open daily from: 12 noon 3.00 pm for lunch and
      140 words

  • ASIAN STOCKS
    • 372 11 HONGKONG: Share prices closed «lightly higher yesterday as late buying interest boosted the market. The Hang Seng Index lost some 20 points in the morning but closed the day 5.37 higher at 1,358.06. Turnover was HK5468.33 million compared with last Friday's $642.80 million. Real estate issues, which would benefit
      372 words
    • 229 11 JAN 14 AJ Smear* Mm NT 6 35 25 40 -0.15 -0.2 Cham Indus Lian Hwo lndu» Nan Ya Plo» Pacific Cora 18.00 1195 30 10 25 80 +0.1 0.15 +0.2 0.2 Calhoy Cora 28 20 54.50 18.30 19.10 0.6 unch unch +0.2 +0.1 +0.1 unch +0.5 +0.05 -0
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    • 310 11 TOKYO: Share prices closed quietly firmer yesterday on limited small and medium-sized issue buying in lacklustre trading. The market average rose 11.67 to close at 11,823.91. Turnover was a light 330 million shares against 500 million last Friday with investors generally sidelined in the absence of fresh factors. Blue
      310 words
    • 103 11 MANILA: Share prices closed generally easier despite firmer metal prices yesterday. The Mining Index rose 1.87 to 697.68 but the Commercial and Industrial Index fell 0.27 to 102.00 and the Oils Index 0.009 to 0.556. JAN 14 turn Onantol B Phi Ovanaoi Phiax B 0.01 unch 0 0065 unch
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    • 385 11 SYDNEY: Interest in takeover stocks helped underpin share markets yesterday but mining issues were under pressure from a weaker gold price. Near the close, the All Ordinaries Index was up 3.4 at 734.2, the All Industrials Index was up 5.8 at 1099.7 and the All Resources Index was up
      385 words
    • 121 11 BANGKOK: Stock prices closed lower in quiet trading yesterday. The Book Club Index fell 0.22 points to 127.25 and declines led advances by a three-to-two margin. Turnover dropped to 152,565 shares from last Friday's 180,146. JAN 14 Mm S«am City Canwnt 580 unch AyuVhoyo hw. And TtuM 129 unch
      121 words
    • 84 11 ion 14 Bank Sooti Won 643 +8 Hyundai Con»» Hyunda Motor KAL 865 648 540 -4 •2 -7 Oohtuig Bk Comrmcml ft..... 635 699 528 -5 4 1 Korco Fr»t Korea Of Korea SNp ucky Ltd 725 1830 390 -5 -60 Do«woo Corp 540 14 740 -10 640 5
      84 words
    • 67 11 AFP JAPAN'S Sumitomo Metal Industries says it will provide two steel mills in China with its converter technique for removing impurities from pig iron. China had asked Sumitomo to supply the technique to improve the efficiency and product quality of the two mills, Anshan Iron
      AFP  -  67 words
    • 665 11 FT KOREA'S fledgling stock market passed a milestone on Dec 22 when shares of Hyundai Engineering and Construction, the flagship company of the country's largest business conglomerate, began trading publicly. However, the start of trading did not end the controversy surrounding the
      FT  -  665 words
    • 159 11 AFP HONDA MOTOR CO has forecast higher car and motorcycle sales, both domestically and abroad, this year than in 1984. The leading Japanese carmotorcycle maker expected domestic car sales to increase by 14.6 per cent this year over last year to 450,000 units, while exports would
      AFP  -  159 words
  • Page 11 Advertisements
    • 294 11 m 9s> Y///. I FOR FURTHER INFORMATION CALL ir. TONIGHT! PLUG INTO AN ELECTRIFYING EXPERIENCE! THE lON BAR v r v. 9 1 7A spore 0316 lON BAR M 405 Havctocfc Road Singapore 0316 Tet 733 2081 THE! Level 4 A vortex of sight, sound and sheer imagery Ist Drink
      294 words
    • 90 11 K Savoury Delights Await Yon At for reservations call. 235 2698 or 734 6622 ext 141/144 Luck: 1 lan-Spa Diaser 6pa-Upa Mtmmmtij, mmTmt ttOMflCMe 0922 TH 734 K22 i Ample Free Partial mi Valet Service Oi [K»J restaurant u H v n ni ;r Serving a wide range of Chinese
      90 words

  • RAW MATERIALS
    • 593 12 Sweet taste of success turns sour Reuter SUCH WERE THE riches once delivered by sugar that grateful plantation owners built churches with altars of gold in the middle of Latin American jungles. Now that a bag of sugar Costs less than a
      Reuter  -  593 words
    • 234 12 Reuter A LEADING THAI mining expert proposed that Thailand should quit the International Tin Council (ITC) to free itself from export quota restrictions imposed by the organisation. Dun Tiewthong, adviser of the Private Mining Council, said any Thai decision to leave
      Reuter  -  234 words
    • 151 12 Reuter A MOVE by the world's biggest grain dealer to import the first Argentine wheat into the US has failed, but achieved its apparent aim of underlining that US agriculture prices are well above world prices. The Minneapolis-based Cargill Group said this week that
      Reuter  -  151 words
    • 199 12 AP THE US and Canada are likely to replace Australia as a supplier of iron ore and coal to South Korea in retaliation against Australian restrictions on steel imports from Seoul, officials said last Thursday. Commerce and Industry Ministry officials said the move
      AP  -  199 words
    • 77 12 Reuter INDIA will need 240 million tonnes of foodgrains a year by the year 2000 to feed a population of one billion, compared with its actual harvest of 151.5 million tonnes in 1983-84 ended June to feed 700 million. Only 140.3 million
      Reuter  -  77 words
    • 245 12 SINGAPORE The market closed sharply higher yesterday with February One RSS buyers quoted at 174.50 cents per kg, up 6.25 cents from last Friday. The morning session gained 3.50 cents on shortcovering interest following some purchases of February One RSS by the Inro buffer stock manager in both Singapore
      245 words
    • 306 12 RAS prices (in S c«nts/kilo, FOB in boles) NOON CLOSE Int 1 RSS Prompt 166 00 167.00 169.00 I70.00N Int 1 RSS Feb 85 172 00 172 50 174 50 175.00 bit 1 RSS Mar 85 173 00 173 50 174 50 175 00 Int 2 RSS
      306 words
    • 95 12 (cMti/k), l-ta »pofcti) February 85 March 85 (currant mth) (forword mth) NOON NOON RAS luytn Sdsvs 6tiy*fi StMors SSR20 167.00 169.00N 169.00 171.00N SSR50 165.00 167 00N 167 00 169 00N MRELB B«y«rt 5»HTI Iwyart f -M SMRCV 194.00 196.00N 196.00 198.00N SMR L 193.00 I95.00N 195.00
      95 words
    • 150 12 THE MALAYSIAN erode palm oil prices eased yesterday from the day's highs on profit-taking to close steady, after early sentiment was aided by India's presence in the market at its processed palm oil tender. January deliveries in the south and central regions closed unchanged at M 51,200 per
      150 words
    • 242 12 AP Bernama THE WORLD may face a shortage of palm oil by as much as 27 million tonnes by the year 2000, Malaysian Deputy Primary Industries Minister Megat Junid Megat Ayob said last Saturday. In this aspect, Malaysia could play an important role in
      AP; Bernama  -  242 words
    • 81 12 THE Kuto Lemper He Market price remained at the Internatteaal Tie Agreement (leer-level e( Ml» 15 per kg yesterday with tke taller stock manager tke male buyer. Tke Keala Lemper premlem widened te C 825 per teeee ever tke spat price la h&mimm te reflect •terlleg's weakness against
      81 words
    • 156 12 Yarn (In H«$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16'* 2,950 Blue Phoenix 20" s 3,050 Btoe Phoenix 32'* 3,650 Blue Phoenix 40't 3,900 Carded yarn, hank Blue Phoenix 21 3,300 Combed yarn, cones Blue Phoenix 32'* 4,600 Blue Phoenix 40** 4,800 Open-end yarn
      156 words
    • 141 12 Chinese Produce Exchange (Setter*' noon doting prices on Jon M.SS/IOOkf) Coconut oil Bufc FOB 180 00 Otd drum FOB 193 00 New drum FOB 197.00 Copra Mixed (loose) 95.00 buyers Robusta 20/25% FOB NSW 477 50 Nutmeg 110 FOB NSW 438.00 B W FOB NSW 281.00 Gambier FOB
      141 words
    • 272 12 Singapore A-l special 187 (SVA*>, e*-godown) Thoi whit* C-l special C-l Ordnory Loonzan 100% unq unq 100% 1st doss first grade (kongaroo) 0.96 100% second grade ntw crop 100% third grade unq 100% 2nd dou 100% 3rd dou 070 065 a l-:>-j rorDOMM 25% new crop No stock 5%
      272 words
    • 917 12 COFFEE Robusta futures ended a subdued morning session £8 to £1 a tonne below Friday's close yesterday, apart from May which was unchanged at £2,335. Spot January was down £5 at £2,290 and March down £8 at £2,327. Chart patterns remained constructive with support on March and May
      917 words
  • Page 12 Advertisements
    • 330 12 INFORMATION-PACKED 2-DAY CONFERENCE 30-31 JANUARY 1985. SINGAPORE X USING COUNTERTRADE TO DO BUSINESS IN DIFFICULT MARKETS Sponsored by the Export-Import Finance Review Official Opening By: Mr 8. Chandra Das, MP for Chong Boon Chairman Singapore Trade Development Board Keynote Address On Countertrade: Malaysia's Perspective By: Encik Aziz Kasim Head of
      330 words

  • SHARE INFORMATION
    • 4153 13 TRADING in the Singapore stock market was generally quiet yesterday apart from a few counters. Attention was focussed largely on counters such as TDM, Sime Darby and DBS. Together, these three counters accounted for 29 per cent of total turnover yesterday. TDM was
      4,153 words
    • 234 13 SINGAPORE RIm« Indices TDM S™ H Hmm M D S Tract on G »■>■>! Sotfm Rat U 0 1 Fiaa M lei LA m 297 368 590 338 520 295 474 Falls 172 280 360 200 AATi 13 12 10 8 5 5 4 -48 -40 -20
      234 words
    • 498 13 SHARE PRICES at the Kuala Lumpur stock market closed on a mixed to slightly easier note in spite of some light buying activity which emerged in the afternoon. Trading on the whole remained quiet but several situational issues finished with moderate gains. The market
      498 words
    • 2914 13 BID and offer prices officially luted and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contract* are quoted after the word -SETT".
      2,914 words

  • COMPANY NEWS
    • 668 14 mm STOCKBROKING firm Sung Hung Kai is not particularly bullish on two of the largest soft drinks manufacturers in Singapore Fruer Neave Ltd and Ye* Hlap Seng Ltd. On F&N, SHK is recommending a switch to associate Malayan Breweries Ltd while on
      668 words
    • 131 14 Royal Bank of Scotland to raise 115 m Reuter ROYAL BANK of Scotland Group PLC is raising £115 million through an underwritten one-for-four rights issue at 210p per share. The funding will help pay for its £151.6 million purchase of Charterhouse Japhet PLC and Associated Development Capital Companies from Charterhouse
      Reuter  -  131 words
    • 397 14 Reuter HUTCHISON Whampoa Ltd expects to report flat operating earnings for 1984 due to substantial investments in the Hongkong property market. Chief executive Simon Murray said that 1985 operating earnings will be at least equal to last year's level, although he expects a decline in interest
      Reuter  -  397 words
    • 208 14 Monogers' prices for Jan 15 Singapore Unit Trust The Commerce 2.25 2.39 The Savings Fund 1.58 1.68 S'pore Prog Fund 0 96 1 02 S'pore Sec Fund 1.43 1.52 S'pore Invest Fund 0.97 1.03 S'pore Equity Fund 0 96 1.02* Asia Unit Trust Second B'putro 4.82 4.87 Third
      208 words
    • 101 14 HONGKONG Hang Seng Index Monday 1358.06** Friday I352.69 Week ago 1281.87 TOKYO Friday 1093.3 Week ago 1077.8 NEW YORK Dow Jones Friday 1218.09 Thursday 1223.50 Week ago 1184.96 Tokyo Dow Jones Monday *****-91 Friday *****.24 Week ago *****.52 Stondard and Poors Friday 167.91 Thursday 168.31 Week ago 163.68
      101 words
    • 235 14 GUINNESS has bought Nature's Best Health Products for about £2.4 million. Last November, Guinness made its first foray into the health and fitness market with the acquisition, for £3 million, of the Champneys Group, owners of health spas at Tring, Hertfordshire, and Stobo Castle,
      235 words
    • 77 14 MALAYAN BANKING Bhd ranks top in most departments among Malaysia-incorporated commercial banks, while Bank Bumiputra Malaysia Bhd retains its lead in terms of assets. Maybank is first in terms of deposits size, shareholders' funds and profitability among the 23 banks. The latest ranking in the 1985
      77 words
    • 454 14 CHIN TECK Plantations Bhd is optimistic that it will improve its performance in 1985 as more areas of its plantations are maturing and the yield of FFB production is rising. Much, however, will depend on commodity prices remaining at a satisfactory level, according to
      454 words
    • 252 14 Terms of P O's bid for Sterling Guarantee Trust Reuter PENINSULAR A Oriental Steam Navigation Co PLC is making an agreed bid (or Sterling Guarantee Trust PLC, a joint statement said. Terms are £2 nominal of PAO deferred stock plus 55p nominal of PAO 6.3 per cent convertible redeemable preferred
      Reuter  -  252 words
    • 1949 14 BID and offer prices officially luted 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 Otoe (2.86S (I) 2 80 A IS! (4.1
      1,949 words
    • 61 14 Reuter MW MARSHALL 4 Co Ltd, the money broking subsidiary of Mercantile House Holdings PLC, will acquire a 45 per cent stake in Hatori ft Co Ltd, a Tokyo foreign exchange broker. The Japanese company will be renamed Ha tori-Marshall A Co Ltd and will
      Reuter  -  61 words
    • 155 14 PLANTATION-BASED Duff Development Bhd expects to repeat its profit performance in the current year, given the improved price of crude palm oil and the expected upturn in the rubber price. Following the favourable price of crude palm oil and to a lesser extent,
      155 words
    • 527 14 LAST FULL YEAR Compowy rCrlOQ Dot* last year enXng Net EPS (cents) Grem dw <%) Net ereAt (V000) G Lumbar KG Hldgs Peak Hoo Leong Huat Muroto Sport Gloss Petoling Tm YHS YHS Msio Berjoya Kowot M Cement M Resources S P Textile Gleneoly HIT City Dev Kings
      527 words
    • TAKING STOCK...
      • 696 15 By NOCK LOCK tJKW THE KUALA LUMPUR Stock Exchange is poised for more changes and growth following a set of amendments to its rules and regulations designed to bolster and revitalise the investment climate there. The driving force behind the effort is
        696 words
      • 547 15 MALAYAN United Manufacturing, the cash-rich subsidiary of the Malayan United Industries group headed by Datuk Khoo Kay Peng is attracting investors' attention again, as reflected in the recent flurry of interest in the counter. The old rumour of a takeover bid for the Cycle and Carriage
        547 words
    • 564 15 THE LONDON METAL EXCHANGE (LME) has approved the listing of the tin brand, DK STD, of Penang-based producer Datuk K era mat Smelting Sdn Bhd. It is believed that the brand has constituted good delivery against the standard tin contract as from last Friday. The listing
      564 words
    • 592 15  -  Kentucky's boardroom battle intensifies By AMY CHEOK THE MANAGING director of Kentucky Fried Chicken Ltd, Mr Masamichi Yazawa, is fighting to retain his position in the company by urging all shareholders to vote against the resolution which calls for his removal from office. In a
      592 words
    • 369 15 MALAYAN Breweries, the beer and stout company controlled by Heineken International and Fraser k Neave, is stepping up its capital spending. Last year, capital expenditure increased from $11 million to $34.8 million and the company will have to keep it at a relatively high
      369 words
    • 107 15 MALAYAN BANKING Bhd's one-for-four rights issue at M$6 a share and offer at par of $360 million 8 per cent irredeemable convertible unsecured notes have been under-subscribed. Acceptances in respect of 43.47 million new shares and excess applications for 337,471 shares were received. The balance of 1.19 million
      107 words
    • 583 15  -  By NAJEEB JARHOM AFTER careful consideration, directors of Kuala Lumpur Kepong Bhd have accepted an alternative offer made by Kumpulan Guthrie for KLK's 26.23 per cent stake in Highlands k Lowlands Bhd. So instead of getting the entire share capital of Kumpulan Jelei Sdn Bhd
      583 words
    • 361 15 SHAREHOLDER opposition to the proposed financial reconstruction of Dunlop Holdings has begun to crumble following meetings of the leading dissidents with Sir Michael Edwardes, chairman of the debtridden tyre and rubber products group. Mr Ronald Haave, a New York investment manager representing the holders of
      361 words
    • 948 15 SHARE PRICES yesterday morning were marked down sharply on fears, later confirmed, that bank rates may be forced higher again on renewed pressure on sterling which in trade-weighted terms opened at a new low of 70.6, dealers said. At noon, the FT-30 index was down 16 points at
      948 words
  • Page 14 Advertisements
    • 72 14 YOU AND YOUR BODY The ideal reference book for anyone aged ten and over who is looking for advice, reassurance or information. 'You And Your Body' tells you i everything you want to know about your body how it works, how it changes, what can go wrong, and how to
      72 words

  • Page 15 Advertisements
    • 127 15 NOTICE jURONG ENGINEERING LIMITED ONCORPORATED N THE REPUBLIC OF SINGAPORE) LOST SHARE CERTIFICATE Application has been made to the directors of the undermentioned company to issue duplicate share certificate in place of the following share certificate which has been reported lost or destroyed: Certificate Nam* No. of Share* No of
      127 words

  • 483 16  -  By CHAN OI CHEE PERSONAL conflicts and irregular trading practices at AlfaPacific Securities Pte were the reasons that led the Stock Exchange of Singapore into taking over the management and supervision of the stockbroking firm's daily operations. BT understands that the move was
    483 words
  • 261 16 TELECOMS has bought about $37 million worth of sophisticated equipment from Siemens that could lay the groundwork for its Teletex service. BT understands that the equipment, to be installed at two of Telecoms' exchanges, will form the basic infrastructure necessary for the
    261 words
  • 426 16 ONE-THIRD of the construction work on the Mass Rapid Transit system's Phase I will be completed by the end of this year. Another one-third will be finished next year and the final part by 1987. So far, the government
    426 words
  • 258 16 TOSHIO KARIGANE, president of Daiwa Singapore, has been reassigned to the company's Tokyo head office, after 13 years at the helm here. Mr Karigane, who is closely associated with the Asian dollar bond market, will be succeeded by Mr Tatsuo Yonemura, one of the
    258 words
  • 439 16  -  By JOHN LIM A GROUP of retailers and wholesalers of pirated cassettes will have to reveal details of their suppliers and customers following a High Court decision last Friday. The defendants will also have to stop dealing in pirated tapes which infringe copyrights held
    439 words
  • 170 16 Bernama SOME South Korean construction companies are pulling their work forces out of the Middle East, the market that had been their best customer, because of a sharp fall in construction orders. Business sources said in Seoul yesterday that two or three companies
    Bernama  -  170 words
  • 124 16 THE United Overseas Bank group will open its representative office in Jakarta, Indonesia, today. The office aims to promote business and investment opportunities for UOB and/or its customers through better dissemination of information and the establishment of personal contacts. It will also conduct liaison
    124 words
  • 68 16 WEAKNESS in the bond market, coupled with profit-taking, resulted in lower prices in early trading yesterday on Wall Street. The Dow Jones Industrial Average, which advanced over 33 points last week, was down nearly four to around 1214. Losers held a four to three lead over gainers.
    68 words
  • 406 16  -  By SOH TIANG KENG Banking Correspondent THE US DOLLAR will drop below $2 against the Singapore dollar for the first time next year. A forecast by Britain's Henley Centre for Forecasting says that the US dollar is now considerably overvalued
    406 words
  • 157 16 AP THE LONDON High Court yesterday ruled that "Baby Cotton", Britain's first child from a commercial surrogate mother, be handed back to her natural father and his wife, who cannot have children. Judge Sir John Latey made British legal history with his ruling
    AP  -  157 words
  • LATE FILE
    • 63 16 UPI PRESIDENT Ferdinand Marcos admitted for the first time yesterday that the Philippine communist insurgency has worsened. In a message sent to the National Assembly at the opening of its session this year, Mr Marcos said guerillas of the New People's Army, armed wing of the Communist
      UPI  -  63 words
    • 62 16 AFP HONGKONG'S exports to China surged almost 80 per cent during the first 11 months of 1984, the year London and Beijing agreed that the territory should retain its capitalist system after its return to China in 1997. But re-exports to China more than doubled
      AFP  -  62 words
    • 74 16 AFP THE INDONESIAN government will from next year stop transmigrating people to three western areas and channel them further east because of problems in finding suitable areas, a senior official has said. In an interview published yesterday with the Daily Kompas, Suwamo Subagyo, head of the Transmigration
      AFP  -  74 words
    • 52 16 AFP TWO FRENCH observers were shot dead yesterday in the southern suburbs of Beirut as they drove through a sector not normally patrolled by them. Lebanese police said the two were ambushed and shot dead as they drove through Bourj Barajneh in an official white
      AFP  -  52 words
    • 56 16 Reuter JAPAN announced yesterday a record trade surplus with the rest of the world of U5533.68 billion last year, a 64 per cent increase over 1983. The Finance Ministry said exports rose nearly 16 per cent to a record $170.13 billion, while imports grew only 8
      Reuter  -  56 words
    • 54 16 Reuter TAIWAN wants to search for uranium in the US to ensure a steady supply for its nuclear power plants, a top energy official said yesterday. The official of the state-owned Taiwan Power Company said his firm and two US companies were negotiating over uranium exploration in
      Reuter  -  54 words
    • 44 16 Reuter THE seasonally adjusted unemployment rate in Hongkong for the September to November 1984 quarter rose to 3.8 per cent from 3.4 per cent in the previous quartoending August but was down from 4.1 in the year ago period. Reuter
      Reuter  -  44 words
  • Page 16 Advertisements
    • 151 16 The Maritime Centre Sydney-Australia Approx. Site Area: 7,438 m 2 (80,000 ft 2 In the heart of Sydney's Central Business District Peak Rental Area The potential exists to create .a major city office complex of about 540,000 sq. ft. in which The Maritime Board will occupy and underwrite over 40%
      151 words
    • 101 16 finish the job your computer started! tmm MODEL 1193 FORMS BURSTER MODEL 1174DECOLLATOR •This inexpensive P.F.E Forms Burster for low volume application effectively processes to single sheet. 1. Invoices Statements. 2. Pay Slips Wage Packets. 3. Card Stock Rules Listing Papei 4. Removes Sprocket Holes. The P.F.E. 1174 Decollator will
      101 words
  • Page 16 Miscellaneous
    • 49 16 mmm Outlook for today: Foir and windy. Report for 24 hours prior to 7.30pm on Jon 14 at the airport: Maximum temperature 31.4 Associated humidity 60 Minimum temperature 23.9 Associated humidity 90 Hours of sunshine 10.80 Rainfall in millimetres Nil Roinfall this month 37.4 Rainy days this month 4
      49 words

  • SHIPPING TIMES
    • 250 17 ROUGH seas are again predicted for Thai companies in 1985, even with government aid. The Office of the Mercantile Marine Promotion Commission will seek from the government a sum of about 300 million baht for lending to shipowners at low Interest rates about 8 to
      250 words
    • 500 17  -  By JUNE LIM NEPTUNE Orient Lines and Orient Overseas Container Line will phase in larger container ships in their proposed global service next year. The bigger capacity ships capable of transporting between 2,500 to 3,100 TEUs will be placed in March
      500 words
    • PORT SIDES
      • 89 17 Reuter BANGLADESH has temporarily closed its only oil refinery in Chittagong after cancelling imports of crude from Iran because of shipping risks due to the Gulf war, petroleum ministry officials said. They said several shipping companies had refused to carry crude oil from Iran's Kharg terminal. The Chittagong
        Reuter  -  89 words
      • 89 17 Reuter INDIA'S Cochin shipyard will build oil tankers for the first time during the five-year plan starting April 1, the government said in a statement. It said the shipyard will construct 86,000-dwt oil tankers for state-owned Shipping Corporation of India. The shipyard is due to launch
        Reuter  -  89 words
    • 186 18 IT WAS by no means an everyday occurrence: a 102-ton marine diesel engine was transported aboard the HapagLloyd's container ship, the Dusseldorf Express. The engine which can develop 8160 horsepower measures 26 ft by 10 ft by 15 ft. That was the first time an
      186 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
      190 words
    • 568 18 UPI "IF IT weren't for bad luck," says the Port of Brownsville's James M Beaman, "we wouldn't have any luck at all." As the calendar turns into 1985, Beaman reports that the tonnage of products handled by the port the past year
      UPI  -  568 words
    • 103 18 AP A PASSING cruise rescued 26 Koreans from a burning Li berian-register-ed freighter about 40 kilometres off the Venezuelan coast in the Atlantic Ocean. The crew of the Stella Oceanus reported rescuing the Korean crew of the Aliveri Hope at about 3pm (1900 GMT) Saturday, said US
      AP  -  103 words
    • 633 18  -  By ZHOU MEI Economics Correspondent JAPAN'S domination of the world shipbuilding industry remains unshaken. Its output accounts for no less than half the world total. It has, however, been unable to prevent the encroachment of South Korea and Taiwan. 1 Today, these rank as the
      633 words
    • 1816 18 NORTH ATLANTIC grain bulker rates weakened on the London freight market on Friday as US Gulf orders were matched for the continent and Japan. Bunge fixed the Konkar Victory from the Mississippi River to Europoort with a 63,000-ton end-January cargo at US$8.40 (fio) Another low rate was $14.25
      1,816 words
    • 215 19 FT MARITIME unions in the European Economic Community (EEC) have clashed with the European Commission over draft proposals for an EEC shipping policy. They are angry about the commission's acceptance of flag-of-convenience shipping and have put forward counter-proposals which challenge many of the assumptions in
      FT  -  215 words
    • 131 19  -  By Kingsley Wood EAGLE Container Line (Europe Australia Gulf Line Express) has brought the 9,100 dwt Jork Eagle into its independent liner trade and has plans for four larger ships later this year. The orders have been placed with Bremer Vulkan and feature a
      131 words
    • 422 19 SALENINVEST creditor banks have circulated international shipping competitors in three countries with up to 15 reefer ships available for purchase or charter. The list includes some of Salen's most modern tonnage, including vessels from the Spring and Snow series. Companies confirming an approach are
      422 words
    • 98 19 DFDS has sold its passenger vessel Dana Corona to China for an undisclosed sum. Built in 1969, the 7,988 grt vessel was operated on DFDS' Mediterranean routes until the end of 1982. Since then it has been engaged in various charter activities with other
      98 words
    • 370 19 AFP DESPITE an increase in activity on the tanker market last week, as business returned to normal after the long end-of-the-year holidays, conditions were very patchy, with the overall rate levels remaining depressed. The latest series of attacks on neutral shipping in the Gulf, brought rumours of higher
      AFP  -  370 words
    • 520 20 Jan 14 Soft starting of induction motors for marine and offshore application, 1730 hours, 76 Mark Lane, London EC3. Jan 11 Engineering aspects of ferry operation. Royal Institution of Naval Architects, Eversholt House, 168-203 Eversholt Street, London. Jan 19-27 International Boat Show, Dusseldorf. Jan 22 The commercial sailing
      520 words
    • 5437 24 wsm 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
      5,437 words
    • 636 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sho He 14W 15.1.85 2300 Yick Fung FSB 0900-1100 U2 Nomg Glory 12/84 15.1.85 2300 Worldwide TA 3 1000-1100 L7 Siri Bhum 203N 16.1.85 1500 S'pore Shpg
      636 words
    • 1752 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S) Afre-Earaate Um Transgroup (S). Ahrenklei Liner Service Kim Shpg (S). Alfred C Teepfer Oceanus Shipping Agencies <S) Marintex Enterprise (PK). Alpnc Intrasea (S) Bintang Shpg (KL) Island Cargo Handling
      1,752 words
    • 480 26 1 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 15.1.85/0700 Equator IV 23 Thong Soon alongside Kim Soon Li 22 Thong Soon alongside 15.1.85/0700 Makmur 21E SSPL alongside 15.1.85/1500 Sunny Crane 15/6 Aru alongside 15.1.85/1800 Victory I 28 NAPL alongside 15.1.85/1500 Donam No 9 25/6
      480 words
  • Page 17 Advertisements
    • 464 17 r*\ ;c Foreign Exchange Dealing INTERNATIONAL Tunes Centre 1 New Industrial Road Spore 1953 Tel: *****44 Amembe»orih« \<mm% o»gani*rt>or SS6.50 JAPAN'S domination of ftho world shipbuilding industry remains unahakan II SALENINVEST's 15 rsofsr ships ara availabla for purchasa or chartar III LONDON Freights 1/1 SHPPWG Events IV SHPPWG Schedule VWIX
      464 words
    • 631 17 aaoaa tfo aaoaosma^ Ceylon Shpg Chorgeurs Reunis Chor gears Havroise China Nov China Ocean 1 Cnon Combo Line Convoy Cormorant Djokarta Lloyd DoTignama Shpg Oowa Line DSR EAC Lines Eagle Container Line East Malaysia Eastern Car Liner Econotines Eiat Elmo Evergreen Fargo Shpg VI Fesco VI FMG-CAVN VI Franco-fielg Frata
      631 words
    • 413 17 BALT-ORIENT LINE Baltic Shippini Co Mh East fait to Ag*nt: Singapore Soviet Shipping Co Pl* Ltd T«fc *****3 MAERSK LINE R5 TTO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA ■T7-~nr7"T»i|^H,'ai 17-17/1 im/i 24-24/1 25-26/1 14-14/2 15-16/2 21-21/2 22/23/2 'I' J LOUS LBS urn Ml i.t ES5EBBCT 1 i>rT •SMGAPOK aOSMG
      413 words

  • Page 18 Advertisements
    • 267 18 FAR EAST/EUROPE CONTAINER SERVICE im Eiwr 2) Rdam I 3) H'burd 4) Gburg I VESSEL 11) Gtatfg|2) H-towrc|3> I'vw •P teiang I Vessel H HOUTMAN 19/2 022 BUS BSD E3 Sated SaM SaM SaM Salad 15/1 Sated SaM SaM SaM SaM 24/1 SaM SaM SaM SaM SaM 29/1 TOYNM I
      267 words
    • 389 18 USA/CANADA at Tokyo r—dor at Kobo Atlantic/Canada faadar at Kobo PN 9 Methr V& 19/1 21/1 TMMSIW a 24/1 »/l MCMCJI M 3/2 4/2 *SI* N 1/2 11/2 I APOUO LA/18 OM 17/2 20/2 27/2 2/1 4/3 7/3 l/J 11/3 20/2 TO* TO a 2/3 MUM M 7/3 S. HBHU
      389 words

  • Page 19 Advertisements
    • 985 19 The Straits Steamship Group j n Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERS*#* SERVICE TO/FROM BANGKOK CONTAINERSHIP SERVICE TO UK/CONTINENT CAROIGAN MY OSAKA MY FRANKFtMT EXPRESS KOWLOON MY HMMK EXPRESS KASUGA MAM) TO* 10 EXPRESS CAROIGAN MY OSAKA MY
      985 words
    • 607 19 ANNOUNCEMENT KNOL W NEPTUNE ORIENT LINES LTD FAR EAST/CANADA FREIGHT AGREEMENT MEMBER LINES OF THIS AGREEMENT WISH TO ANNOUNCE A GENERAL RATE INCREASE EFFECTIVE MARCH 1, 1985 ON ALL CARGO FROM S.E. ASIA PORTS SERVED BY THE MEMBERS. UP TO MAXIMUM OF U.S. 12 PER REVENUE TON AS FREIGHTED THE
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  • Page 20 Advertisements
    • 361 20 MSline ttai* r *Su**A FULLY CONTAINE RISE D SERVICE 10 EUROtt VI* SUEZ "1 Membff ot tht Ace Consorts KOREAN CHMCt 20W HONGKONG CONTNNER 43* CKVALER f«l <3* chevalir R02E«m kttuc cram m ALSO LOAONC FOR BREMERHAVEN f FROM fUROPt VIA SUtZ Memoer ot thf Act Consottium DMA CONTAKR 2*
      361 words
    • 334 20 L SLIME FCL ft MEAKtULK CARGOES TO INDIA/BANGLADESH 25/30 Jan I Cfcttagong/Calaitta 25/30 Feb CWttagong/Calcutta Caicutta/Chittagong Caicutta/Chittagong ARABIAN GULF CHERRY CRYSTAL 21/25 lan Dubai CHERRY ORENT 25/30 Feb Dubai 'HeavyfH capacity up to 150T i EAST MALAYSIA Kudant/Shi/Bkataiii Si»u/Kuding/SaAei KucNng/Sku/Binatang C0.fH.tW. THONG SOON II i AGENCIES PTE. LTD. -09-07 ROBINA
      334 words
    • 559 20 V. u Hapag-Lloyd u\ TO CONTINENT/UK S pore P Ketand S Ion lfkw[ Car<h(an by 20/1 22/1 9/2 10/2 Osaka Bay 21/1 M/l 17/2 11/2 fimktwl Eipress 5/2 4/2 24/2 »/2 Koatoon Bay 12/2 U/2 4/3 S/3 Hamburt Eipress 22/2 24/2 13/3 14/3 Kasu|a Maru 4/3 6/3 25/3 27/3 lokn
      559 words
    • 835 20 o EVERGREEN Full Container Service I Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED /FE) CVCR MUX EVER GOMG EVER GIANT EVER GUM ALSO ACCEPTMG CARGO 10 1) PROWOENCE NENMK SAVANNAH BOSTON PHRADELPMA NORfOLK MCKSONVRLE NRMMGTON ETC 3) CRISTOBAL BALBOA PANAMA OTT cot ON SAN UM SANTO I 2) ATLANTA CMCAGO DETROIT COIUWUS
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    • 208 20 mSINOSE] m PORT MLANG PtNANG MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sai(apart Loadwf tor 22/1 B. AiMtav B Xhomon SMOSf MARITME PTE ITD TEL *****44 7 4 *****70 MAI 0S( MARITM SOU BHD lei *****2 3 MALAYSIA IRAK I TRANSPORT LTD Td 678S3 t *****
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  • Page 21 Advertisements
    • 802 21 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 VESSEL KOTA ABACI HOTA WARUNA KOTA WISATA KOTA MEGAH KOTA TIMUR KOTA WIRAWAN VOYAGE E-539 E-541 £543 E -545 E-547 E-549 HONGKONG SINGAPORE LOADING FOR: InPt 19/1 In PI 16/1 17-19/1 21-25/1 1-4/2 6-10/2 HODEIDAH, DJIBOUTI, MOGADISCIO.
      802 words
    • 823 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE OijAa Bat Frafltfwt Eiprns Aonrtoon Bit Kitjno kUru Hjmbwt I»pr«* Rl»n* Mjru liw(i Miru Bcn»on fUROPl HAM B HAVEN SAd Silted Si4fd Sited Sited Sited Sited Sited Sited Sided Sited 15/1 11/1 22/1 74/1 26 1 27/1 30/1 R DAM HAWIf Sited
      823 words
    • 569 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'oore Service FuM Container Vessel. Busan Yokohama Kobe jaJnunj Hon(kon|S port TfPriok (M). MAIAPAHH 16 HB M l? J0 17 3/1 5/1 10/1 11/1 GOWA V 160 B 17/1 U/l 22/1 24/1 30/1 1/2 EXPRESS SEM-CONTAIHER SERVICE TO U.S. EAST COAST S port
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    • 384 21 BOUSTEAD SHIPPING AGENCIES f* BURMA FIVE STAR SHIPPING CORPORATION IhmwM NatimTQi^ Loadng fur Ranfoon Spore Pletanc P In Port 25/27 lan 1/3 Feb 20/25 Feb BANK LINE EXPRESS SEM C SPORE R'DAM HULL HMBG FORTHBANK 20 Jon 15 Feb 22 Feb 18 Feb MEADOWBANK 24 Feb 22 Mar 30 Mar
      384 words

  • Page 22 Advertisements
    • 1216 22 ECUADOR/PERU/CHILE [3 K LINE KAWASAKI KISEN KAISHA, LTD.— FEUW HI KANSAI mCR *42 MOTHER YESSEl SMK WIG PN6 SPORE KOK GUAYAGUR CALLAO «1C» w ««*ST« SAMTOWO »AIP«*I50 241m 2t Ian 2t lan 30 Ian 12 Fab 25 Mar 11 KANSAI PWCII *42 A KSSEL 2ttan 21 tan 3C lan 12
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    • 725 22 '/ie CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Loading Iof (OS ANGflfS SAN IRANCISCO SfAlTK (ACOMA VANCOUVfl) BC Accepting fCI FCl Container P Man; Singapore I Angeles BHAVABHUTI" 2* 21/n Fe AUSTRALIA EXPRESS CONTAINER SERVICE Atiepting (CI fCI Containers P Kelang Spore Frem RAMDAS /0 ?1 Ian 30 ton Closinc
      725 words
    • 472 22 SANKD ASIA FROM JAPANESE POATS AND HO NO KONG 1 FUKUZAKI MARU 2 MO COLORADO 3 REGENT RANGER 4 RAM TMOR 1 EDO MAM 6 REGENT RUTH 7 GOTONG ROVONG Sofaport 22/24 ton 23/25 Jan 27/29 tan 31/2 Feb 2/4 Feb 6/1 Feb 9/11 Feb PKeiant 25/21 lan 20/27 tan
      472 words
    • 463 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa' P Singapore 0207 Tel 2246S1 1 i10 L nesl I'/.l 7. T 7 7 "O BREAKBULK SERVICE TO EUROPE/UK S pore P. Kelan(lM4fenc torSTMt VICTORIA BBS4916 Saled In Port SETE/tOTT/ANT/UJl (AVON) KARM VATB 22/1 SETE/ROTT/ANT/UX. (AVON) Fd SEAWOOD SHIPPING CORPORATION Spote
      463 words

  • Page 23 Advertisements
    • 724 23 lPPINu TIMES, mesuay, ENOL NEPTUNE ORIENT LINES LTD 1 TO EUROPE/UK (VIA SUEZ): 0 CHEF 42W K CHANCE 20* HK CONTAINER 43W C PAUL 43W C ROZE 42W Also accepting cargo Whom Scandma„a K CHANCE S pore Ctoog Times: rtl Cargo 0400 20/1 FROM EUROPE (VU SUEZ) Havre C CONTAINER
      724 words
    • 580 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO F KELANG. PENANG, BUSAN. INCHON KM PIN No t Donini 409N No 9 Ooium 407N No 7 Donim SO IN No I Donjm WIN No 9 Donim S01N 22 1 SPItfl «l,< NIS N( P!IjNf AGfNCIf S PU I ID Tel
      580 words
    • 843 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BWLWN6 55, Market Street Sinjapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** f KELANG M/S SHARMAT NAH SOON SON. BK) 1ST AND 2ND FLOOR. NO 1 IALAN CEMPfNING PORT KLANG MALAYSIA
      843 words
    • 128 23 ahrenkiel liner service DURBAN JOHANNESBURG MAPUTO MAURITIUS A REUNION WESTBOUND PT SIN LOUIS DURBAN BEIRA SARNIA 1W/85 2/2/85 19 2 85 27.2 85 EASTERN HARMONY 20/2/85 2/3 5/3 (Contrs On»y> 2W/85 ateo accepting cargo tor Malawi Zimbabwe gMMpnMM ETD ETD ETA 8Sal5$SlSlU5* R BAY DURBAN SIN BARON STAR 16 1
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  • Page 24 Advertisements
    • 715 24 ltc;|ioiial Container Lilies Sailings Weekly t iHlJi' Reliable Regular Punctual Berthing P S A Mon. Wed Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA *0Y S« »l* B«K RAT ANA BHUM 312/313 16/17 Ijn 20/21 lan DAI ANA BHUM 314/315 23/24 lan 21< 21 Im HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER
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    • 56 24 FARGO SHIPPING COMPANY (PTE) LTD 1 1 f EXPRESS CONTAINER SERVICE y SINGAPORE BANGKOK 3 SAILINGS WEEM Y Accepting both ECl and LCI: LCI Car|m packed at private CfS Min-Fri 9am 5 30pm Saturday 9am 12 30pm eid Sun t Pub tats 7B Keppel Road 17-07 Taniong Pagar Compiei Singapore
      56 words
  • Page 24 Miscellaneous
    • 178 24 77rm J •0 m n* Regional Weather A *£f %4 I '1 >* SS K > 33 ir m (V LL1K SIGNIFICANT WEATHER AND 8EA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wave height LEGEND: R Thunderstorm Temperature c y^ ow Weather ~~S Wind direction
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  • Page 25 Advertisements
    • 27 25 French Urn REGULAR S£MI-CONTAINER SERVICE TO BANOLA-OESH/INOIA/SRI LANKA/PAKISTAN VESSEL I STOK CWTTACORC HMJNA (CALCUTTA) M/V AHJOU W.S5 S«M 1/1 M/V ASMAGNAC V2LS5 30/1 M/V HAUSMAfM VJLS5 24/2
      27 words
    • 248 25 ScanDutch To Europe (Med/UK/NC Scan) PENANG B Butane 9/1 B Butane 16/1 B Butanf 23/1 B Butane 30/1 8 Butane 6/2 B Butane 13/2 FEEOER P. KELANG B Butane 12/1 8 Butane 19/1 B Butane 26/1 B Butane 2/2 B Butang 9/2 8 Butane 16/2 3) HAMBURG 2) ROTTERDAM ACCEPTING
      248 words

  • Page 26 Advertisements
    • 288 26 iM MOL i Mitsui OS K Lines Lid Cconventional/semi-container) AFRICA MARU CONTINENTAL PARTNER HIMALAYA MARU 29 Jan Port Louis. Reunion 5 Feb Mombasa. Dareeealaam, Beira 8 Feb Monrovia. Abidjan, Lome, Also Accepting Contrs to NOUAKCHOTT CAPE VERT. BANJUR N CONAKRY WITH TRANSHIPMENT HAYAKAWA MARU* S.A. VAAL* S.A. MORGENSTER NEDLLOYD COLOMBO'
      288 words