The Business Times, 22 January 1985
1985-01-22
1
26
https://www.nlb.gov.sg
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The Business Times
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Title Section12 1985-01-22 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, JANUARY 22, I*Bs 60 CENTS12 words
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414 1985-01-22 1 BOEY KIT YIN - Trade board will place more emphasis on export of services By BOEY KIT YIN THE Trade Development Board will spend %A.2 million more this year than it did last year to extend its reach in major markets. It is also putting414 words
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580 1985-01-22 1 ALVIN TAY - By ALVIN TAY THE BIG FOUR finance companies continued their domination of the finance industry in 1983, capturing about half the total pre-tax profits, assets, loans and advances, and deposits. Figures from the Finance Houses Association of Singapore (FHAS) in its newly-launched annual journal580 words
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Article153 1985-01-22 1 THE Oversea-Chinese Banking Corporation has trimmed its prime lending rate by a quarter point to 8.5 per cent in line with easier interest rates in Singapore. During the past few days, two other banks in the Big Four group DBS Bank and United Overseas Bank153 words
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379 1985-01-22 1 FOO CHOY PENG - By FOO CHOY PENG A FRANK exchange of views on Singapore's labour scene has been initiated by NTUC Secretary-General Ong Teng Cheong with union frontliners. Yesterday, the union chief met branch leaders of all the nine omnibus industrial unions at his379 words
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226 1985-01-22 1 A SERVICE which will give instant information on overseas markets and trade will be introduced this year to help local businessmen and traders. The Trade Development Board will be subscribing to US-based Dialog on-line service in the middle of this year. The226 words
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Article, Illustration80 1985-01-22 1 THE SINGAPORE stock market slid yesterday la thin trading, ending the technical rally whieh began last Thursday. Many pundits were disappointed that the recent cuts in interest rates did aat improve sentiments yesterday. The BT Composite Index fell points to cn.ll while the Straits Times Industrial Index lest80 words
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331 1985-01-22 1 JOANNE YAP - By JOANNE YAP THE Skills Development Fund has awarded a $28 million grant to a research and development centre for computer-aided designing and manufacturing the biggest award given to any single corporation to date and the first under the Initiatives in New Technologies331 words
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Article, Illustration109 1985-01-22 1 TOSHIO KARIGANE is widely known in financial circles as Singapore's Mr Bond. But, unlike lan Fleming's fictional hero, Mr Karigane had a serious mission to expand the overseas operations of Daiwa Securities. Mr Karigane has been instrumental in developing the Asian dollar bond market to what it109 words
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Page 1 Advertisements
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Advertisement42 1985-01-22 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM We have the Model to suit your office furniture PTE. LTD. Head Office: 1 Toa Rayoh Industrial ftirk *01-1387 Singapore 1231 Tel: *****42 (4 lines) 1 Maritime Square *02-68/9, World Trade Centre Singapore 0409. Tel: *****46/742 words
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Advertisement226 1985-01-22 1 RAW MATERIALS OOONESBURY MONEY EXCHANGE THE hotel labour shortage has forced the Singapore Hotel Association to come out more strongly into the labour market to attract more workers, especially "O" and "A" level students. Paga3 ASEAN has called for an urgent response from the European Economic Community and Pacific countries226 words
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Advertisement32 1985-01-22 1 Asian stocks, Psgs 11 International stocks, Psga 10 "What's the best way T T TV 1" to U.K.? Via Schiphol. ¥)u'll enjoy the change." r The Reliable Airline KLM Royal Dutch Airlines32 words
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Advertisement11 1985-01-22 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Full story on Page 611 words
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HOME NEWS
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567 1985-01-22 2 TSANG SAU YIN - By TSANG SAU YIN RECEIVING American university courses via satellite may seem like a remote event for Singapore but discussions assessing the feasibility of such a project here are being made by a few interested parties. Among them is Mr Bob Desio, director567 words
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Article98 1985-01-22 2 ROBOTS which paint furniture will be displayed at the $1.1 million woodworking machinery show in Japan later this year. About 200 exhibitors representing 300 companies will show the latest range of woodworking machines that cut down on the use of labour and raw materials at the 27th98 words
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336 1985-01-22 2 TELECOMS is mounting a multi-million dollar programme to usher in the new generation of open concept post offices which will also see frontline services computerised by 1988. Under Phase I of the project, eight post offices will have computerised sales in postal transactions336 words
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307 1985-01-22 2 AMY BALAH - By AMY BALAH CASHING in on cashless shopping. That's what Jardine Logica, a major European computer service company, is doing. Set up only last month, the Singapore branch of the Jardine Matheson joint venture yesterday started a week-long seminar for bankers to study307 words
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Article421 1985-01-22 2 THE SINGAPORE wine market is "youug", growing and competitive presenting both opportunities and challenges to dealers. Supply outstrips demand, but fortunately the small market is also an open one, Mr Thierry Descudet, a representative of the Aquitaine French Chamber of Commerce (AFCC) said. A study of421 words
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Article239 1985-01-22 2 ASIA RADIO hopes to capture 60 per cent of a new line of industrial sealant and adhesive market for the Singapore electronic industry by the end of 1985. Mr Peter Lim, manager of Asia Radio's Loctite marketing division, said the new products could reduce manufacturing239 words
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202 1985-01-22 2 ESSO SINGAPORE'S sponsorship of the Singapore Symphony Orchestra Music In Schools programme takes on an added form this year it is donating 50 SSO concert tickets to every school at which the orchestra performs. Sponsor of the programme since January 1983, Esso hopes that202 words
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398 1985-01-22 2 LISA LEE - Need for more quality control s on tall buildings 1 By LISA LEE THERE IS a need for more quality control to improve the interior design of tall buildings, the head of the National University of Singapore's Building Science Department said yesterday. Professor Bill BP Lim, also dean of the398 words
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166 1985-01-22 2 LOCAL CONSUMPTION of frozen pork from the US is expected to increase substantially this year following official efforts to encourage Singaporeans to buy such meat. A US delegation comprising government officials and producers of pork said yesterday that exports of frozen pork166 words
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Article, Illustration180 1985-01-22 3 A NEW Japanese restaurant is opening in Singapore to test a market which has already seen numerous sushi-offering enterprises succumbing to fickle local taste buds. .p The Restaurant Suntory Singapore, the 10th overseas outlet of the Suntory chain, will open its doors at Etelfi Orchard this180 words
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310 1985-01-22 3 SINGAPORE'S second chiving circuit in Airport Road and Eunos Link junction should be ready in November. -The Public Works Department has awarded the hfaiUHng contract to Guan Tbng Construction Pte Ltd, which started work this month. Guar Tong has to complete the310 words
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205 1985-01-22 3 THE SINGAPORE Professional Centre has lined up several programmes for March. A computer course, to be conducted by Mr Jeffrey Goh, will be held on Tuesdays and Thursdays from March 5 to 26. Mr Goh is a lecturer in business data205 words
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Article284 1985-01-22 3 Seminars and courses DURATION TITLE ion 24 New Frontiers In Property Development Jon 24-25 Systems Documentation And Evaluation Jan 24-25 Brain Skills Seminar Jon 24-25 Customer Satisfaction Skills Jon 24-25 Micro's In The Organisation Jan 24-26 Essentials Of Budgeting Jan 25 Gas Chromatography Jan 28 Liquid Chromatography Seminar Series284 words
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Article354 1985-01-22 3 JAIME LYE - By JAIME LYE THE HOTEL labour shortage has forced the Singapore Hotel Association (SHA) to come out more strongly into the labour market to attract more workers. On its 1985 agenda is a programme which includes school career talks. Its target audience is "0"354 words
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373 1985-01-22 3 BOULEVARD HOTEL recently launched an incentive scheme aimed specifically at attracting new commercial accounts. The 528-room hotel, which opened its new wing last September, is hoping to tap new commercial accounts by offering a complimentary night for every seven nights booked by a company.373 words
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Page 2 Advertisements
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Advertisement177 1985-01-22 2 OUT The next logical step, towards office automation. Telebox. The days of the 'In' and 'Ouf office trays will soon be over. Thanks to the Telebox Service. Telebox (Telecommunication Mailbox) is an electronic mailbox service. Each user is allotted an incoming and outgoing mailbox in a computer. Your incoming messages177 words
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Page 3 Advertisements
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Advertisement311 1985-01-22 3 $4,880 taken a big rate off the price! m V <-•- m •> c% vV <• -v iw* -a pf- The Epson QX-10(G) and QX-PC Board (192K8) now at amazing $4680. Take the hassles and time consuming paperwork out of your business with the Epson QX-10 personal computer. The largest311 words
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OVERSEAS
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Article, Illustration617 1985-01-22 4 Paris plans to reinforce military in Noumea AP AFP PRESIDENT Francois Mitterrand, in a brief television address in Paris on Sunday night, said he would convoke a special session of the national assembly in the next few days to adopt a law prolonging the stateAP; AFP - 617 words
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263 1985-01-22 4 UPI THE MALAYSIAN government will relocate the controversial Papan nuclear waste dump to a more isolated area, officials confirmed yesterday. Chief Minister of tin-rich central Perak state, Ramli Ngah Talib, said the decision to move the thorium hydroxide dump from Papan to anUPI - 263 words
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468 1985-01-22 4 UPI AFP FILIPINO opposition leader Jovito Salonga returned to his country yesterday, ending nearly four years of self-exile in the US, to help reinforce the fight against the 20-year rule of President Ferdinand Marcos. Mr Salonga, accompanied by family members, journalistsUPI; AFP - 468 words
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220 1985-01-22 4 Reuter SAUDI ARABIAN Oil Minister Sheikh Ahmed Zaki Yamani said yesterday that remarkable progress had been made in talks in Riyadh on oil price differentials, an issue which has been holding up agreement among Opec oil ministers. "There is very remarkable progress. WeReuter - 220 words
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Article87 1985-01-22 4 AP WESTERN industrial nations are increasing oil imports from the Soviet Union, China and other East Bloc states which are encouraging oil sales to get foreign currencies. The Japanese newspaper Yomiuri said yesterday that oil sales from socialist countries, along with Britain's decision to increaseAP - 87 words
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WORLD IN BRIEF
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Article80 1985-01-22 4 MORE THAN a month after the poisonous gas leak in Bhopal, which claimed more than 2,000 lives, people are continuing to die of delayed after-effects. The Hindustan Times newspaper said yesterday that about 12 gas patients at a New Delhi hospital died earlier this month because of traces80 words
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Article40 1985-01-22 4 ONE PERSON was killed and another wounded on Sunday in a bomb attack on a computer data centre in Stuttgart. Police said the victims could be members of an urban guerilla group blown up by their own bomb.40 words
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Article68 1985-01-22 4 INDIA'S main Sikh political party has announced that it will not open talks on the Punjab crisis with the government of Premier Rajiv Gandhi unless its imprisoned president, Harchand Singh Longowal, is fre^d. A resolution adopted last Saturday at a meeting of the Akali Dal in Amritsar city68 words
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Article76 1985-01-22 4 A SURVEY of people appointed to gauge the government's policies has found that most of them felt that women's social status in Japan had risen over the past 10 years but little headway was made over jobs. The survey shows 55 per cent of respondents detected remarkable progress76 words
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Article23 1985-01-22 4 Agencies A SEVERE earthquake measuring seven points on the Richter Scale was recorded near Halmahera Island in Indonesia's Moluccas group yesterday. AgenciesAgencies - 23 words
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248 1985-01-22 4 AP AFP PRESIDENT Ferdinand Marcos has said that he is confident the Philippines will achieve its economic targets in 1965, including a growth rate of 1.5 per cent, lower inflation, and a 10 per cent increase in exports. Mr Marcos, in a Presidential PalaceAP; AFP - 248 words
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Article765 1985-01-22 4 ARRIVALS Operator Service Local time From PAA CV MAS MAS MAS MAS MAS RBA SIA CPA QA SIA SIA THAI SIA MAS GIA MAS SIA GIA QA SIA SIA SIA THAI GIA THAI SIA SIA KLM LUFT CPA MAS MAS MAS OA ANZ BA SIA MAS SWR765 words
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Article, Illustration312 1985-01-22 5 UPI PRESIDENT REAGAN, saying safety "must come before any celebrations", cancelled his inaugural parade yesterday because of frigid weather and said his oath-taking ceremony would be held in the US Capitol. In a written statement, Mr Reagan said he directed his inaugural committee to "makeUPI; Reuter Photo - 312 words
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Article122 1985-01-22 5 AFP THE US and West German embassies in New Delhi yesterday denied a report that India had asked American and West German diplomats to leave because of involvement in the country's biggest spy scandal. The English-language newspaper Patriot, which is proMoscow, said that six diplomats fromAFP - 122 words
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263 1985-01-22 5 UPI AMERICA has formally asked for permission for one of its warships to visit New Zealand, according to New Zealand acting Prime Minister, Geoffrey Palmer. Observers say the move is almost certain to bring the crisis within the Australia, New Zealand,UPI - 263 words
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479 1985-01-22 5 Need for more substantive economic cooperation Bernama ASEAN HAS CALLED for an urgent response from the European Economic Community (EEC) and Pacific countries to its various proposals on trade, technology transfer, invisibles and investments. The chairman of the Asean Standing Committee, Tengku AhmadBernama - 479 words
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544 1985-01-22 5 Reuter IF YOU WANT to buy or rent a house in a major Indian city, the landlord or seller will insist you pay most of the price in "black" money. Offer it all in "white" money and the deal is off. "Black" means moneyReuter - 544 words
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Page 4 Advertisements
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Advertisement219 1985-01-22 4 THE MODERN OFFICE EQUIPMENT, SYSTEMS TECHNOLOGY EXHffinT APRIL 24-27, 1985, HALL 3, WORLD TRADE CENTRE, SINGAPORE Time: 12pm-Bpm Admission: Trade Visitors (By registration) i i na nft GET A HEAD START INTO THE OFFICE OF TOMORROW In an increasingly competitive business environment, productivity in ike office has become crucial to219 words
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Advertisement11 1985-01-22 4 I*W AM Pan Am Clipper Class. More StAilmom. Nloiv \loiv Spiuv.11 words
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Page 4 Miscellaneous
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Miscellaneous84 1985-01-22 4 Doonesbury 0 fir m m V: m IM m m 5* 9 II L"> vr 7HERESAIOTOFIN7&EST/NOO7H TRANSPLANTS ANP NEW POL/TKHL MODS. THETRtCKfSDASKFDR ENOUGH MONEY SO fTAPPEARS YOU KNOW UWMtiE PONG- THATS Vs mf I REQUESTED^ C 1 *1 MILLION. f\ r*& m LV* vSSSr ee££ 51 BY GARRY TRUDEAU 184 words
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Page 5 Advertisements
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Advertisement19 1985-01-22 5 Kl Br ,r A'y;:--"&S- w f f t 1 1 ■4- >'■■■ Therms no substitute for the original Hennessy XD19 words
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BANKING AND FINANCE
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Article, Illustration1032 1985-01-22 6 AMY BALAN - THE SUCCESS of Singapore's Asian dollar bond market is due in no small way to the efforts of Mr Toshio Karigane, 47, the president of Daiwa Singapore, who has been actively linked with it since the market came into existence about J* r1,032 words
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460 1985-01-22 6 Reuter —INTERNATIONAL currency markets face a crucial week which is likely to test the newly-declared resolve of major central banks to join forces to curb the US dollar's strength. The US signalled to its major allies at the end of last weekReuter - 460 words
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173 1985-01-22 6 UPI BERMUDA BANKS have denied knowledge of an alleged scheme to launder New York underworld drug money through the island's three domestic banks. The denials came the same day that a government-appointed royal commission studying drug use in Bermuda reported thatUPI - 173 words
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228 1985-01-22 6 Reuter A DECISION on rules governing the new French market in Certificates of Deposit (CDs) will be taken in mid-February and trading could start very soon after that, senior Finance Ministry officials said. A discussion paper drawn up by the French Finance Ministry's TreasuryReuter - 228 words
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305 1985-01-22 6 Reuter DISAGREEMENT over interest-rate spread is holding up an agreement between Brazil and its bank advisory, committee on a multi-year rescheduling of the country's public-sector debt. 4 Central bank president Affonso Celso Pastore William Rhodes of Citibank, who heads the bank committee, said lastReuter - 305 words
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362 1985-01-22 6 Indonesian deregulation introduced in 1983 not running smoothly FT INDONESIA'S banking sector appears to have come through its roughest test since a major reform and deregulation process began in June 1983. The authorities, however, continue to face the delicate task of managing the changes. A crisis developed last autumn inFT - 362 words
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185 1985-01-22 6 AP EGYPT has agreed in principle to compromises for branches of «foreign banks to participate in Import financing under a new system that requires transactions to be made in the country's currency only. Economy Minister Mustafa *el-Said said the compromises, which wereAP - 185 words
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Page 6 Advertisements
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Advertisement211 1985-01-22 6 »>ic. ylB Vm Cecil and wf_ w m lAfifW fw\ >.t-».*«»?•*»• w imreaay Officially, I'm known as Cecil Court, but rather^u call me Cecil. Now that my show-office is ready and open for viewing, come look me over. You 11 find me at the corner of CeciJ/Boon Tat Streets and211 words
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Advertisement147 1985-01-22 6 >Jt e> Vi \l re :vv: r- i .n Wv o< Jt f Y-jv te t jpf+- ~5» Memories S 1 Inn -NMii nn r i'i: nust Ix runtime l.iu itn ll -.swai nu- to ionn b\ niwlt -n h was ik*la\t\' l in. nuisk .iiiii -itin. .spin it brines147 words
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MONEY AND EXCHANGES
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Article, Illustration785 1985-01-22 7 SINGAPORE The US dollar closed slightly firmer yesterday against major European currencies but a shade lower against the yen after fluctuating within a narrow range. It closed marginally higher at 3.1670/80 marks compared with New York's Friday 3.1640/60 close and at 2.6640/50 Swiss francs against 2.6610/30 but was785 words
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Article163 1985-01-22 7 HONGKONG The metal finished lower in fairly quiet trading yesterday as market participants were mostly sidelined due to a lack of interest. It closed at U*****.10/60 an ounce, compared with Saturday's $307.40/90 finish and the $306.40/90 close here on Friday. Local gold lost HK$6.OO to at $2,862 a tahil.163 words
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Article219 1985-01-22 7 Interbank rates at 3pm Local dollar* to one unit of foreign trdmf a r«M partly currency: US do** Sterling pound Australian dolor NZ dollor Conod»on dolor 2.1965 2 4721 1.7905 1 0341 1 6612 2 1975 ***** 1 7925 1 0361 1 6626 ***** 7 3469 3 4286219 words
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Article286 1985-01-22 7 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet trading yesterday. Period rates weakened 1/16 point at the start due to lower Eurodollar deposit rates and remained unchanged thereafter with one, three and six months closing at 8-3/16 8-1/16, 8-3/8 8-1/4 and 8-13/16 8-11/16 per cent286 words
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Article345 1985-01-22 7 MARC.H EareMlar contract opened yesterday at CME's close of 90.13. The firm closing at CME encouraged buyers initially but upward movement was stalled as profit-taking pushed prices lower. The downside gap at 90.99 to 91.06 might attract prices to this level. Traders were reluctant to start new positions ahead345 words
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Article122 1985-01-22 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/8point from last Friday to cloae at 6-5/8 per cent yesterday. The one and two-month term rates rose by 1/8point each while the threemonth rose by 1/16-point. S$ interbank rates at 3pm yesterday Offer Bid Overnight 6122 words
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378 1985-01-22 7 NYT AS PRESIDENT REAGAN begins his second term, the financial markets are one area in which he can point to progress during his first four years in office. To the extent that the credit and stock markets are a barometer ofNYT - 378 words
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157 1985-01-22 7 FT THE CENTRAL BANK of Nigeria has made its first interest payment on some US$25O million in promissory notes issued to major creditors last November, as the first stage in rescheduling several billion dollars in overdue trade debts. About $32 million representing interest backdated toFT - 157 words
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Page 7 Advertisements
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Advertisement135 1985-01-22 7 v'-H". \> v.. mm Js* A V 4 J cj- i vr s» -> w ft® r-'f 3% ■ra n ■F: 6* IWS m- >- s Ir V v? -V Mt m ■-.i 3-r« > > t Hi S ar/ >w £f> F 5* Xm. »v i%S£fs- r f 50S135 words
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FEATURES
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Article490 1985-01-22 8 THE DEATH throes of European colonialism have rarely been peaceful or simple. So the complicated and violent conflict that has now erupted in New Caledonia is hardly unprecedented. The fact that it is the French who are the former colonial masters inevitably invites comparisons with490 words
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Article, Illustration1592 1985-01-22 8 ANATOLE KALETSKY - Why a fall in prices would not be an unmitigated blessing for the world economy By ANATOLE KALETSKY FT WHAT would be the impact on the world economy of a fall in the oil price? If ever there was a role for President Harry Truman's fantasyFT - 1,592 words
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Article189 1985-01-22 8 J Kelly Edmlsen - letter to the Editor J Kelly Edmlsen I REFER to the article in BT's edition of Jan 11, 1985, headed "Obstacles to Investing in China Pointed Out", which reported on a paper that I delivered to the monthly meeting of the Asia-Pacific Tax and Investment189 words
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Page 8 Advertisements
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Advertisement161 1985-01-22 8 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 Raffles Place. It's just a stone's throw from most offices161 words
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Page 8 Miscellaneous
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Miscellaneous690 1985-01-22 8 CRYPTIC PUZZLE ACROSS 3 Character superior in loose living (5) 8 Letters, let's suppose, written by a pupil (5) lOßents and rates, possibly (5) 11 Pass through the mountains with an officer (3) 12 Possibly streaky as a writer? (5) 13 Toy ball to be found in furniture (7) 15lndicate690 words
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SPORTS
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Article, Illustration723 1985-01-22 9 WALTON MORAIS - By WALTON MORAIS THE PLAYERS did their talking on court and with their racquets. They spoke articulately and left a clear message: we need help. The weekend's Davis Cup Eastern Zone tie at the Singapore Cricket Club was interesting on more than one count.723 words
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734 1985-01-22 9 AP JOE MONTANA, making a shambles of the quarterback showdown with Dan Marino, shattered the Miami Dolphins' defence with his passing and scrambling and led the San Francisco 49ers to a 38-16 victory in Super Bowl XIX on Sunday. It wasAP - 734 words
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393 1985-01-22 9 AP CALVIN PEETE, given breathing room by the triple-bogey disaster that struck down Doug Tewell, scrambled home with a 3-under-par 68 and scored the ninth victory of his PGA tour career on Sunday in the Phoenix Open in Arizona. Peete, 41 years old,AP - 393 words
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198 1985-01-22 9 AP DEFENDING CHAMPION Morten Frost of Denmark will be all out to retain the men's singles title in the US$6O,OOO 1985 Japan Badminton Open championships which gets underway in Tokyo on Tuesday. A total of 91 men and 56 women fromAP - 198 words
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Article, Illustration293 1985-01-22 9 Reuter THE World Indoor Games in Paris provided a sprinkling of classy performances last weekend in spite of the absence of so many athletics stars. The presence of some 70 countries marto the inaugural games the most cosmopolitan athletics assembly since the 1983 world championships in Helsinki.Reuter - 293 words
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Page 9 Advertisements
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Advertisement0 1985-01-22 9 \}}:].!",_^=!="~/{](~[{>^}%&'&[0 words
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Page 9 Miscellaneous
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Miscellaneous1177 1985-01-22 9 I W &G3CD mm I HIGHLIGHTS Kennedy 10.15 pm, Channel 12 The endless fascination with the name Kennedy finds expression in this television production of one of the most famous American first families. Camelot recreated on the small screen sees John Kennedy preparing for Washington. He 'wants his brother Bobby1,177 words
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Miscellaneous28 1985-01-22 9 Play gol£ the Sevvy way STARTING POWN.... HITTING froiathe TOP 16 A COMNVON FAULT,J' 4 kSr ST '> MAKES GOOD RVNTHfA JtAPOSS\e»LJE,ANC> RESULTS IN WEAK HITTING E-SPEC\AU-V PROWS THE28 words
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INTERNATIONAL COMPANY NEWS
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591 1985-01-22 10 Competition seen to come from within Reuter ONE OF THE greatest challenges facing US securities companies over the next few years will be growing competition from rivals within the industry rather than from external forces, according to a newly-released study. Marc Sternfeld, partner ofReuter - 591 words
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241 1985-01-22 10 AP INTERNATIONAL HARVESTER CO and the United Auto Workers Union (UAW) have reached a tentative contract agreement, ending a walkout by more than 11,000 workers. Harvester spokesman Bill Greenhill on Sunday said in a statement announcing the proposed three-year contract that workers wereAP - 241 words
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263 1985-01-22 10 Reuter QUARTERLY RESULTS reported by South African gold mining companies were mostly in line with expectations and gold analysts predict profits could go up by a further 20 per cent in the coming quarter. Most of the gold mining housesReuter - 263 words
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669 1985-01-22 10 AP FOR MUCH of the 1980s, US oil companies either have been gobbling one another up or setting up defences against takeovers. Some have done both. What makes buying an oil company attractive at a time when oil prices are atAP - 669 words
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Article102 1985-01-22 10 Reuter THE AMERICAN Justice Department has told the Securities and Exchange Commission (SEC) it supports exchange trading of unlisted over-the-counter stocks. The department, in comments filed with the SEC, said such trading should increase price and service competition and narrow (Mice spreads for these stocks withoutReuter - 102 words
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Page 10 Advertisements
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Advertisement437 1985-01-22 10 I bere to «Mik, «ti«« «mI «Miia sr MAKK ASPIMTf;!)C( AIIJW'K \VU P W\IAUY! )AY THEBAR Perk your spirits with a tall, cool drink at our disco-lounge'. Or pit your skills against a friend's at backgammon or chess. Our Dee-jay spins the latest hits and your requests from 7pm nightly.437 words
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Advertisement147 1985-01-22 10 b c I rm l prepared by Hong Kong chefs. And L feel like royalty while you dine In Oriental splendour. Open daily from: 11.00 am 3.00 pm for lunch and 6.00 pm 11.00 pm for dinner Ample parking space. CRown PR/NCE HOTEL 270 Orchard Koad SingaporeU923 Tele* 22B19MCKOWH. Cable:147 words
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ASIAN STOCKS
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Article365 1985-01-22 11 HONGKONG: Share prices closed lower in moderate trading yesterday as investors tended to remain on the sideline due to the markefs uncertain short-term outlook. It was the first time since Dec 3 that the Hang Seng has fallen for two consecutive sessions, closing 10.33 lower at 1,350.00, after losing365 words
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Article245 1985-01-22 11 IAN 21 Al Sincere Indus Alio Cement MT 5 70 25 40 28 80 •0.6 -0 1 +0 1 Cham Indus Lien Hwo Indus Nan Yo Plos Pacific Cons Pacific Elect Wire 18 10 12 10 30 20 25 40 18 40 +0 2 +01 -0.3 unch joch Chang245 words
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Article379 1985-01-22 11 TOKYO: Share prices rose slightly in thin trading yesterday, boosting the market average to a record high closing, but easing from an early morning all-time high. The market average rose to a record 11,975.62 in early trading but fell back to 11,964.52 at the close, up 12.43 from Saturday's379 words
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Article126 1985-01-22 11 MANILA: Share prices closed firmer yesterday in dull trading despite higher metal prices overseas. The Mining Index was up 12.12 at 731.24, the Commercial and Industrial Index 0.40 at 103.47 and Oils Index 0.017 at 0.586. JAN 21 Acot* Mmiig Anglo Phi ..0 0016 0 001 ***** unch Oriental126 words
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Article331 1985-01-22 11 SYDNEY: Share markets closed firmer yesterday on fairly heavy volume with local investors en- couraged by firmer commodity prices. Near the close, the All Ordinaries Index was up 4.3 at 750.7, the All Industrials Index was up 6.8 at 1,127.3 and the All Resources Index was up 2.5 at331 words
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Article141 1985-01-22 11 BANGKOK: Stock prices closed higher in quiet trading yesterday. The Book Club Index rose 0.12 to 127.36 and turnover stood at 114,420 shares worth 26.5 million baht compared with last Friday's 125,684 worth 19.5 million baht. JAN 21 1 lefcti Stam Oy Cement S>am Cf*<*t 586 +2 112.50 -4141 words
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Article80 1985-01-22 11 ion 21 Won +2 -2 unch 1 Hyundai Motor KAL 626 532 10 -5 Choheung Bk Commercial 8k 628 690 511 Korea F**t Korea Ol 715 1828 389 1 48 4 530 •1 Lucky Ltd 740 -2 Docwoo Ind 620 587 •11 -II Samsung Co 810 810 +2 Go<d80 words
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66 1985-01-22 11 Reuter MITSUBISHI MOTOR CO in cooperation with China Motor Co will soon produce subcompact cars for sale in Taiwan. The vice-president of China Motor, Michael Chen, said the company would initially produce about 400 units a month of Mitsubishi's 800 cc Towny cars, startingReuter - 66 words
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382 1985-01-22 11 FT NATIONAL ELECTRONICS, a leading Hongkong watch manufacturer, has received favourable response to its share offering which is understood to have been oversubscribed between five and six times. National twice last year prepared the ground for a public flotation, and twice retreated because of the uncertainFT - 382 words
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135 1985-01-22 11 Reuter PERFECT MOUNT Investment, a consortium of investors from China and Hongkong, has won a Mass Transit Railway Corp (MTRC) tender for development of a site above an underground railway station on north-eastern Hongkong Island, MTRC chairman Wilfrid Newton said. The total area of the developmentReuter - 135 words
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182 1985-01-22 11 AFP SALES of Sanyo Electric Co failed to reach the long-targeted 1,000 million yen level in its financial year ended in November, in spite of a sharp rise in sales. Sanyo sales jumped by 21 per cent from a year earlierAFP - 182 words
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Article100 1985-01-22 11 AP AIR GUAM said it will buy two 46-passenger turboprop jets from France. The ATR-42's are made by Aerospatiale and will cost U557.25 million each, according to Peter Shih, president of Air Guam. The aircraft purchase is being financed by the French government withAP - 100 words
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Page 11 Advertisements
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Advertisement328 1985-01-22 11 iflgy Paramount Hote/^\ Wh*n th* happy piopi* go V" -mm t < 7 jS* s* r -T *I#* rv' b!i sm f. Vk 24hrs 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: Pesta328 words
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Advertisement56 1985-01-22 11 Savoury Delights Await Yon At restaurant u h>-r f 4 A Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridien OfcMdlm 3rd Storey (near hotel lobby) 100 Orchard Road #03-100 Singapore 0923 Tel: *****22 I Hotel panting tee redeemable 214 Duneam56 words
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RAW MATERIALS
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Article, Illustration398 1985-01-22 12 AFP THE International Wheat Council last week estimated that 1984's world wheat production reached a record of 515 million tonnes. The figure for last year's harvest was three million tonnes more than the November estimate, and some 19 million tonnes (4 perAFP - 398 words
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176 1985-01-22 12 UPI l THE Soviet Union has cancelled a planned purchase of 100,000 tonnes of winter wheat from the US, the US Agriculture Department said last Thursday. f Thomas McDonald, deputydirector of the department's 1 Export Sales Reporting Divi- sion, said there was noUPI - 176 words
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348 1985-01-22 12 UPI CITRUS WORKERS trudged into groves last Sunday to try to protect Florida's billion-dol-lar industry from the worst onslaught of Arctic air expected to hit the state since the devastating Christmas freeze of 1983. Residents of Florida's northern panhandle got a rare look at snowUPI - 348 words
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Article105 1985-01-22 12 Reuter THE International Tin Council made substantial sales of chsh tin on the j London Metal Exchange this year I apart from any background phsyical J trading it was possibly involved in. Council buffer stock manager Pietk er De Koning declined comment on market talk hisReuter - 105 words
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Article162 1985-01-22 12 <o; Yarn Cloth Rayon cloth if, K, (In HK$ per bole of 400 lb) China carded yarn, cones (Quoted in HK$, wholesale prices, spot ex-godown) Japan MA (No 120) MA Fujette Piece goods China Butterfly Five lombs Flower Butterfly Flying Geese US cotton (In US cents per lb) unq162 words
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Article324 1985-01-22 12 RAS prices (in S cents/kilo, FOB in bales) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 168 50 169 50 169.50 170.50N Int 1 RSS Feb 85 171.00 171 50 172.00 172.50 Int 1 RSS Mar 85 172 00 172 50 173 00 173 50324 words
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61 1985-01-22 12 Reuter THE Brazilian Coffee Institute said it cancelled the proposed sale of 100,000 60-kg bags of green coffee to China as it had not received proof the Chinese government was interested in the deal. It also said it had not received the guarantees requiredReuter - 61 words
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Article98 1985-01-22 12 (cents/Vq, l-»o n pallets) February 85 March 85 (current mth) (forward mth) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 165.00 167 OON 166.00 168 OON SSR 50 163 00 165.00N 164.00 166 OON MRELB Buyets Sellers Bwyeis Sellers SMR CV 193.00 195.00N 195.00 197 OON98 words
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Article228 1985-01-22 12 SINGAPORE The market closed higher yesterday with February One RSS buyers quoted at 172.00 cents per kg, up 1.50 cents from last Friday. The morning session gained one cent on buying interest in quiet trading. Prices gained further ground in quiet afternoon trading on continued small buying support. MALAYSIA228 words
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Article801 1985-01-22 12 COFFEE Robusta futures traded quietly up to midday yesterday to end the morning below new contract highs on positions from March to September. Prices rose £16 to £6 above last Friday's close with March at £2,393, up £16, but down from the new high at £2,400. The market801 words
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443 1985-01-22 12 Bernama MALAYSIA'S total exports of palm oil is estimated to have increased by one per cent to 3.2 million tonnes in 1984 from 3.16 million tonnes in 1983, according to Palmoil Update, a publication of the Palm Oil Registration and Licensing AuthorityBernama - 443 words
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Article96 1985-01-22 12 THE Keels Lemper Tie Market prlee was eaehuged el the letereatleeel Tie Agreement fleer-level st M 125.15 per kg yesterday eed the better stock manager remained the male buyer. The better steek manager teek meet ef the 92 teeees sffered, dewe frem M teeees *o Friday. The premlem96 words
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Article144 1985-01-22 12 Chinese Produce Robusta 20/25% 477.50 Exchange (Sellers' noon dosing p rices on ion FOB NSW Nutmeg 21. S$/100 kg) 110 FOB NSW ***** B W FOB NSW 281.00 Coconut oil Bufc FOB 175.00 Gombier Old drum FOB 188 00 FOB NSW 330 00 New drum FOB 192 00144 words
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Article273 1985-01-22 12 Singapore A-l special C-l special C-l Ordr>ory Loonzain 100% 177 unq (S$/Mo, ea-godowe) unq Thai white 100% 1st class (kangaroo) new crop 100% 2nd doss 096 first grade 100% second grade 100% third grade SI unq 0.70 0.65 Parboiled 100% 3rd doss 5% 10% 227 25% new crop B-10%273 words
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Article129 1985-01-22 12 MALAYSIAN crude palm oil prices closed steady on light covering interest in thin trading yesterday. Levels were supported by processed palm oil purchases by Pakistan and India last week and higher Chicago soybean futures. Interest centred on January position, with south and central regions closing unchanged at Msl,lBo129 words
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Page 12 Advertisements
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Advertisement136 1985-01-22 12 mi The financial and commercial centre of Vancouver, Canada, including three of the six office towers owned by British Pacific Building Limited BRITISH PACIFIC BUILDING LIMITED A Canadian Acquisition Opportunity The shareholders of British Pacific Building Limited, comprised mainly members of the Guinness brewing family in Ireland and England, have136 words
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SHARE INFORMATION
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Article, Illustration4003 1985-01-22 13 SELLING PRESSURE erased earlier gains in prices at the Singapore stock market yesterday. As a result, the BT Composite Index fell 2.53 points to 677.70 while the Straits Times Industrial Index lost 2.30 points to 768.71. Volume was thin at 6.43 million units4,003 words
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Article231 1985-01-22 13 SINGAPORE Rites T«ak C—n«t 430 Sag ft F« 212 ■afairfi 368 E« Yai. Soag 270 A—,1 25* 250 lattaca 220 liliniM kite 295 Wonmon HMf« 93 M Trust ISO Data Cam 126 Falls GUaaatr 192 0 C C 860 Sal Frapartia. 199 Sri Hart— 217 Sim Lot231 words
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Article457 1985-01-22 13 THE MOVE by the KLSE to extend the delivery period for ready deals to two weeks was not sufficient to stimulate the stock market yesterday. Although some observers had expected market sentiment to pick up and trading conditions to be more active, share prices457 words
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Article2897 1985-01-22 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in IoU of 14)00 units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT".2,897 words
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Page 13 Advertisements
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COMPANY NEWS
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Article, Illustration1532 1985-01-22 14 TERESA LIM - Associated Hotels Ltd By TERESA LIM SINGAPORE'S Tian Teck group controls two enviable assets in Hongkong: a publicly listed company at a time when more and more South-east Asian groups are bidding to get just such a foothold in thriving Hongkong, and a1,532 words
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Article, Illustration684 1985-01-22 14 FT DUNLOP HOLDINGS PLC, which is now being courted by BTR, is still a major industrial force in spite of all its financial troubles. The company still has turnover approaching £1 billion and employs more than 27,000 people worldwide, 14,000 of them inFT - 684 words
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Article97 1985-01-22 14 HONGKONG Australian Industrials Monday 1127.3 Hang Seng Index Friday 1120.5 Week ago 1099.7 Monday 1350.00 Friday 1360.33 NEW YORK Week ago 1358.06 Dow Jones Friday 1227.36 TOKYO Thursday 1228.69 Week ago 1218.09 Tokyo Dow Jones Standard and Poors Monday *****.52* Saturday *****.09 Week ago *****.91 Friday 171.32 Thursday97 words
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Article205 1985-01-22 14 Managers' prices Third B'putro 3.96 4.01 Fourth B'putro 4.31 4.36 for Jan 22 Fifth B'putro 2 94 2.99 Sixth B'putro 2.85 2.90 Seventh B'putro (A) 1.99 2.04 Singapore Unit Trust The Commerce 2.22 2.36 Seventh B'putro (B) 3.79 3.84 The Sovrigs Fund 1.56 1.65 Eighth B'putro (B) 3.49205 words
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190 1985-01-22 14 AP NIPPON KOKAN KK, Japan's second largest steelmaker, has reached agreement with China's Tienjin Shipbuilding Industry Corp to establish a joint venture to produce machinery and equipment for offshore oil and gas drilling wells in China. The agreement, reached on JanAP - 190 words
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Article135 1985-01-22 14 Reuter C ITOH A Co Ltd has signed an agreement to transfer its full 10.28 per cent equity share in Toa Oil Co Ltd to Showa Shell Sekiyu KK, Toa's largest shareholder. The agreement releases C Itoh from a 10 year contract begun in 1979,Reuter - 135 words
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Article1937 1985-01-22 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified. INDUSTRIALS A Choc (2.785) AMD (3 30SXI) 3 28 Akom1,937 words
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Article201 1985-01-22 14 CHEMICAL Company ti Malaysia Berhad: 23rd AGM at the Ground Floor of Bflngiinan MIDF, 195A Jalan Tun Razak, Kuala Lumpur on Jan 22 at 11.30 am. PETALING TIN Berhad: 59th AGM at 1st Floor, Straits Trading Building, 48, Leboh Pasar Besar, Kuala Lumpur on Jan 25 at 3.00pm.201 words
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Article835 1985-01-22 15 wm HOCK LOCK SIEW THE INITIAL reaction to DBS Bank's new margin trading account for share purchases has been positive. All those concerned stockbrokers, dealers, portfolio managers and would-be investors thought the availability of such credit ranging from $50,000 to $500,000 would helpHOCK LOCK SIEW - 835 words
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Article308 1985-01-22 15 AMY CHEOK - By AMY CHEOK AFTER UNSUCCESSFUL attempts at acquiring three companies last year, Innovest Bhd has finally made some headway by obtaining approval for its M 56.5 million purchase of Singapore-based Sun Metal Works Pte Ltd. At the same time, subsidiary Hart Engineering Sdn Bhd has gained approval308 words
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Article933 1985-01-22 15 EQUITIES opened mixed yesterday but with gains in the majority. Dealers said early interest was modest as operators waited to see if last week's record levels would attract any profit taking. The continued steadier trend of sterling prompted gains of up to V* point in government bonds. Courtaulds933 words
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632 1985-01-22 15 LORETTA McLAUGHLAN - Position of option scheme less clear By LORETTA McLAUGHLAN BTR PLC's £40 million offer for Dunlop Holdings PLC in London does not change in any way the arrangements which Consolidated Plantations has made with Dunlop for the purchase of its 51 per cent interest632 words
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443 1985-01-22 15 SIME DARBY BHD's proposed sale of a piece of property in Ampang, Kuala Lumpur to Federal Cables and Wires Manufacturing Bhd has been criticised by a minority shareholder. "Why sell the land if the company's core business in the future is property development? Isn't this443 words
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Article221 1985-01-22 15 WANNIAN HOLDINGS Ltd has clarified that the proposed sale of part of its huge warehouse complex being developed in Shenzhen will be for 33 million Reminbi, and not S$33 million as given earlier in its press release. The company has changed the name of its whollyowned subsidiary, Veneer221 words
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Article564 1985-01-22 15 Current payment Ex Books Dote Total for Totol for dote close payable the yeor previous yf AISB 15%(b) NYA NYA NYA 15% 15% Amol Steel 8%TE(b) Dec 4 Dec 14 NYA 8%TE 4.1 %TE Aokom 18% Dec 4 Dec 14 Jon 31 28% 26% Ayer Hitom Tin 80%564 words
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Article, Illustration247 1985-01-22 15 STRAITS STEAMSHIP Co Ltd has appointed Mr Choo Chiau Beng a director of the company. Mr Choo, currently managing director of Far East-Leving-ston Shipbuilding Ltd, was appointed "to fill the vacancy created by the recent resignation of Mr Tay Kim Kah". The appointment247 words
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Article56 1985-01-22 15 ARAB-MALAYSIAN DEVELOPMENT Bhd has incorporated two new wholly-owned subsidiaries, Taifab Equipment Trading Sdn Bhd and Taifab Hongkong Ltd. The new companies were formed to enter into the field of equipment and general trading and are expected to be operational soon. However, they are not expected to56 words
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Article54 1985-01-22 15 Company RIGHTS ISSUE H K Tin Five-tor-one fe 50 cents per shore Ex-date: Jan 15 Books close: Jan 25 1 M Textiles Two-for-five.fe, $1.00 par per shore Ex-date: Jon 16 Books close: Jan 28 Int Wood One-for-one fe 1 20 per share Ex-date: Jan 17 Books close: Jan54 words
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Article123 1985-01-22 15 Company RIGHTS ISSUE George Town Two-for one $1 00 per shore Landmarks Hldgs One-for-four fe $1.00 per shore Peak Hua Three-for-two fe SI .50 per share Sub-division of $1 por into 2 shores of 50 cents each Raleigh One-tor-one fe. $1.50 per share (Bonus entitled to rights) Toshiba123 words
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Page 14 Advertisements
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Page 15 Advertisements
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Advertisement44 1985-01-22 15 CAN YOU USE A GOOD MAN IN YOUR ORGANISATION? Chinese Singaporean, aged 35, seeks suitable challenging position in Marketing/Sales or Business management. Very adaptable, enterprising and works well under pressure. Would consider job that requires trovel. Writ* 199 Joq Chtat Terrace (1542) Phoo. ******2/*****6244 words
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Advertisement16 1985-01-22 15 Housewives Going back to work? Regain your typing speed the Sight Sound Way ATT SBCJ9ETAMUS *****2216 words
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Article, Illustration736 1985-01-22 16 LEE HAN SHIH - By LEE HAN SHIH DEMAND FOR office space in the Maxwell Road area will pick up when the Mass Rapid Transit System starts running. But it will be risky for developers to buy land in that area in anticipation of higher values. Property736 words
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Article569 1985-01-22 16 THE SINGAPORE economy, propelled mainly by Mass Rapid Transit and housing construction, will expand by 6 per cent this year. This forecast lower than last year's 8.5 per cent economic growth has been made by DBS Bank in its latest issue of Weekly Money News.569 words
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307 1985-01-22 16 JAPANESE COMPANIES have been called on to enter into more joint ventures with local partners in high-technology industries. Singapore Manufacturers' Association chairman Mr Tay Kwang Seng said yesterday that only about 30 per cent of Japanese manufacturing companies in Singapore were joint ventures.307 words
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206 1985-01-22 16 Reuter JAPANESE independent petrol retailer Lions Petroleum Corp has abandoned plans to import petrol from Singapore. A spokesman for Japan's Ministry of Trade Industry (Miti) said Lions had bought from a Singapore refiner 3,000 kilolitres of petrol which it planned to sell atReuter - 206 words
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420 1985-01-22 16 LIM SOON NEO - By LIM SOON NEO THE SINGAPORE Tourist Promotion Board is going all out to give the local convention and exhibition industry assistance in bringing in more visitors to Singapore. With immediate effect, nonprofit making associations planning a conference can apply420 words
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376 1985-01-22 16 LINDA CHEE - By LINDA CHEE CULTIVATING the image of a "caring employer", Neptune Shipmanagement Services has moved ahead of other shipping companies in Singapore where welfare benefits are concerned. Most important among them is the provision of medical benefits for all officers, their spouses and376 words
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260 1985-01-22 16 SINGAPORE has made the correct decision in pushing into biotechnology but it must be selective in the choice of areas it ventures into. Professor Sydney Brenner, the first scientist invited to Singapore under the Lee Kuan Yew Distinguished Visitor Endowment Fund, said the260 words
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Article69 1985-01-22 16 WALL Street stock prices were higher in early trading yesterday as blue chips improved from last Friday's levels and secondary stocks continued their advance. The Dow Jones Industrial Average was up three points to over 1230. Overall, gainers held a four to three lead over losers. Volume69 words
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LATE FILE
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Article41 1985-01-22 16 Reuter SEVERAL BOMBS exploded at the ancient Buddhist temple of Borobudur in Java early yesterday. Nugroho Notosusanto, Indonesian Minister foe Education and Culture, said "terrorists" were responsible for the blasts. There were no reports of injuries. ReuterReuter - 41 words
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Article63 1985-01-22 16 Reuter THE Indian government yesterday announced during a stormy session of Parliament that an "agent for a foreign power" had left the country after the discovery of a major spy ring in key state offices. Angry opposition politicians failed, however, to force a parliamentary debate onReuter - 63 words
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Article54 1985-01-22 16 Reuter BRITAIN'S striking miners have made a foreign exchange killing of nearly £1 million. Representatives for the miners' union said yesterday that sterling's slump, which the National Union of Mineworkers says its strike caused, has increased the value of a dollar account it opened inReuter - 54 words
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Article51 1985-01-22 16 UPI AMERICAN-CHINESE journalist Henry Liu, slain outside his home in California three months ago after he wrote a critical biography of President Chiang Ching-kuo of Taiwan, was an FBI informant. Newsweek, quoting unnamed sources, said that Mr Liu gave the FBI information about ChineseAmericans.UPI - 51 words
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Article65 1985-01-22 16 AP THE head of Japan's defence agency said yesterday that Japan will not become a military power even if this year's defence budget slips beyond the current ceiling of one per cent of gross national product. Koichi Kato also said there "will be much seriousAP - 65 words
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Article48 1985-01-22 16 Bernama NEGOTIATIONS to supply Singapore with piped gas for cooking and heating under phase two of the Petronas gas utilisation project are in the final stages. Datuk Dr James Ongkili said yesterday that toe piped gas will be supplied to Senoko power station. BernamaBernama - 48 words
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Article33 1985-01-22 16 Reuter OPEC's January crude oil production is estimated to have dropped this month to 14 million barrels per day or less, said the Middle East Economic Survey. ReuterReuter - 33 words
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Page 16 Advertisements
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Advertisement105 1985-01-22 16 DrapnCitoj 228 Masterfully Prepared Sichuan Sea Food Dishes HAh Dragon City's menu. 228 dishes. Cold dishes, hot dishes, dumplings. Each one superbly prepared. Delight your taste buds with our hot dishes, from boneless smoked Sichuan duck, to the Dragon City WanxßanSay Special fish with chilli sauce. R«l MarwiifT Dragon City105 words
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Advertisement42 1985-01-22 16 KECK SENG TOWER The most successful building in Cecil Street has only two floors and a few small suites left to lease. And plenty of carparks to go with them. Phone us today. Richard Ellis 224 8181 Keck Seng Group 338 282842 words
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Page 16 Miscellaneous
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Miscellaneous52 1985-01-22 16 wmm Outlook for today: Foir; showers in o few areas. Report for 24 hours prior to 7.30pm on Jon 21 at the airport: Maximum temperature 31.8 Associated humidify 60 Minimum temperature 23.0 Associated humidity 92 Hours of sunshine 10.55 Rainfall in millimetres Nil Rainfall this month 37.4 Rainy days this52 words
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SHIPPING TIMES
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384 1985-01-22 17 TO QUELL the shipping community's disquiet over its new examination programme for seafarers, Panama's maritime director has arranged a series of meetings with shipowners. Dr Hugo Torrijos, director general of Secnaves, the Panamanian maritime authority, will discuss at length with shipowners in the Far384 words
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531 1985-01-22 17 LINDA CHEE - By LINDA CHEE EAC LINES and Mitsui OSK Lines have made an unexpected announcement to cross charter each other's vessels employed in the trans-Pacific trade. The Danish-Japanese partnership comes as a surprise to many in the industry as the two lines531 words
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Article653 1985-01-22 17 IMppfctf Um Col 1 t i C«i Afea VI 3 Ho* Ho* VI 3 Ahrenkiel Lirver VI 5 Ho*gh VI 4/5 Alpha trans VI 4 Hoegh-Ugkjnd VI 4/5 Andeka Shpg VI 1 Hohster Inc VI 5 ANL 1 1 I* Cont VI 2 APC Line V 4653 words
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PORT SIDES
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Article72 1985-01-22 17 Reuter THE Australian and New Zealand/Eastern Shipping Conference announced it will cut its currency adjustment factors (CAF) effective Feb 1 because of changes in foreign exchange rates. It will cut the CAF for shipments to Australia and Papua New Guinea to minus 2.5 per cent from plusReuter - 72 words
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Article51 1985-01-22 17 BROSTROMS, which previously owned 50 per cent of the Nordic Bulker company, has purchased the remaining 50 per cent from the other two partners, Thomesto and Salinty Holdings. The company is presently running six chartered bulkers in the 25,000/60,000 dwt range, together with a number of small51 words
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Article47 1985-01-22 17 GABON has become the 42nd country to join the International Maritime Satellite Organisation (Inmarsat). Telecommunications Internationales Gabonaises will represent Gabon in Inmarsat as its signatory organisation. Gabon is the fifth country in Africa to join Inmarsat. The others are Algeria, Egypt, Liberia and Tunisia.47 words
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Article61 1985-01-22 17 ASSOCIATED British Ports has concluded a joint agreement with Hartlepool 6 Cardiff Steel to develop a new bulk grabbing terminal at the Port of Cardiff. The new terminal will cost over £0.5 million. Located at Dowlais Wharf, it will be able to handle ships up to 35,00061 words
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Article, Illustration200 1985-01-22 18 AMERICAN President Lines will soon launch a fortnightly feeder service for containers moving between North America and Guam. It will begin with the arrival of the President MeKinley in Guam on Feb 3. APL's Guam district manager, Mr John Key, says containers from North America200 words
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Article1720 1985-01-22 18 AUSTRALIA, South Africa and the North Pacific figured as moderately active areas of time-charter business on the London freight market on Friday in a rather patchy end to the week. Insufficient voyage trades featured to determine any change in the general rate structure but the impression was that1,720 words
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409 1985-01-22 18 Fairplay THREE United States west coast ports are in competition to win the favour of the newly-formed American Natural Soda Ash Corporation (Ansae). Exports of soda ash have risen 12 per cent annually over the last decade, reaching a record 1.5 million tonnesFairplay - 409 words
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Article75 1985-01-22 18 FOR the second year in succession, the Port of Liverpool announced freeze on charges. Published Berth and Conservancy charges on vessels and on goods, which were due for review on Jan 1, are to be held until May 1. Last year, following similar rates freeze, the75 words
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Article353 1985-01-22 18 AFP DESPITE the icy weather blanketing Europe, and a slight hardening of crude oil prices on the spot market, there was no particular upsurge in activity on the tanker market last week. Rumours that Saudi Arabia's chartering agent, Nor bee, was looking for six ultra large crude carriersAFP - 353 words
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226 1985-01-22 19 THE International Group of P A I Clubs has agreed with effect from renewal at Feb 20 to pool claims for the collision liability risks traditionally insured under hull and machinery poli'cies in the commercial market. Marine underwriters in London have in the226 words
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460 1985-01-22 19 Lloyd's List PLANS to create a new shipping conference in the world's biggest container trade the Far East to US will be put to an owners' meeting later this month. The proposal is designed to reduce the level of outsider competitionLloyd's List - 460 words
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292 1985-01-22 19 THE Harbour Department of Thailand is expected to invest more than 240 million baht in the construction of a large riverport in Nakhon Sawan Province before the end of this year to help boost the in-land water transportation system. According to Communications292 words
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268 1985-01-22 19 Reuter WORLD oil tankers/combined carriers in lay-up, idle or under repair stood at 245 vessels amounting to 47.04 million long dwt in the month to Jan 15. This is a decrease from 49.24 million dwt consisting of 261 ships on Dec 14, shipbroker E AReuter - 268 words
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Article89 1985-01-22 19 STOLT-Nielsen of the US has appointed Alan B Winsor as general counsel. He is replacing Kjeil Nyborg who has returned to Norway to resume private practice. The company is general agent in the US and western hemisphere countries for Stolt tankers and terminals. Mr Winsor has a89 words
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Article188 1985-01-22 19 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 Container188 words
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Article516 1985-01-22 20 Jaa 19-21 International Boat Show, Dusseldorf. Jaa 22 The commercial sailing ship, North-West Branch Nautical Polytechnic, Byrom Street, Liverpool. Jaa 2S Satellite Navigation land use, Royal Institute of Navigation meeting, 1600 hrs, RAF Club, 128 Piccadilly, London EC3. Jaa 28 Underwater hull surface painting strategy a shipowner's conclusions,516 words
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6334 1985-01-22 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.6,334 words
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Article629 1985-01-22 25 ssssr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Pegasus P 362N 22.1.85 2300 Straits FSB 1000-1100 G1 Pelopor 119 22.1.85 2300 Boustead TA 3 1000-1100 N3 Niaga 21 Anro Aust 2/85 ***** 22.1.85 23.1629 words
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Article1785 1985-01-22 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies iSI \fra-E»rasla Liae Trans group (Si Ahreaklel Liaer Service Kim Shpg i Si Alfred C Taepfer Oceanus Shipping Agen cies (Si Marinte* Enterprise (PK). Alpae Intrasea (S) Bintang Shpg (KLi1,785 words
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Article461 1985-01-22 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Anchan 33/4 Leo Shpg alongside 22.1.85/0600 Foochow 23/4 Sin Chiao alongside 22.1.85/1800 Kashima Maru 46 S'pore Shpg alongside 22.1.85/1500 Liquid Bulk Equity 15/6 MT Maritime alongside 22.1.85/0300 Mataram 31/2 Eka Jaya alongside 22.1.85/1800 Trans Hav 45 Barber461 words
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Page 17 Advertisements
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Advertisement242 1985-01-22 17 Foreign Exchange Dealing ME Jar dines I -lAHDINK AM'Atl Okient Ovenjeas Cohtaitm Line FULLY CONTAINERISED SERVICE TP fUPOPf YIA SUEZ KOREAN CHANCE 2MB •W. CONT WO 43* CHEVALO PMI UN CHEVALO MS «2N NEPTUK CtTSTAI 2SW CTCS s For-M fijHOPf v;a SUE/ SEVEN HAS BtOSE 4X KOREAN lACEJN 271 T.N242 words
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Advertisement231 1985-01-22 17 mm THREE United Stmt— west coast ports arm in competition to win ths favour of Ansae II PLANS for now conference in US-Far Eaet trade will be put to en owners'meeting 111 LONDON Freights CONSORTIA 11l SHAPING Events IV SHPPWG Schedule VWIX CONTAINER Schedules IX SHPS In Port X UNITED231 words
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Advertisement609 1985-01-22 17 Z0 FESCO LINES If FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 J^^|MAERSKLINE FASTEST TO USA LONG BEACH NEW YORK (MINI LANDBRIDGE) 18 DAYS 25 DAYS NEW YORK (ALL WATER) 29 DAYS S'PORE BOOKINGS TERMINAL CFS609 words
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Page 18 Advertisements
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Advertisement309 1985-01-22 18 ■Mwr.w FAR EAST/EUROPE CONTAINER SERVICE Sated 25/1 1/2 8/2 B. BUT**6 I 15/2 From Europe 2) Rdam 13) Hbwg|«) Gburg VESSEL |1) Gbwgl 2) H'bwg 6/2 11/2 12/2 13/2 11/2 19/2 28/2 25/2 2C/2 27/2 4/3 5/3 Sated Sated Sated Sated Sated Sated gmnnsH Sated 23/1 31/1 21/2 Mm Acceptag309 words
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Advertisement325 1985-01-22 18 Y.S. LINE YAMASHITA-SHINNIHON LINI CONTAINER SERVICES USA/CANADA Pacific South Wml Pacific North Woat Atlantic/ Faodar at Tokyo Foodor at Kobo Feeder tu FAAMT *Cf ao»r mx 1/2 J/2 «/2 7/2 S/2 10/2 11/2 11/2 21/2 14/1 11/3 24/1 2J/3 2/4 11/4 14/4 Al*o accepting LCL Cargo lor USA Ports only.325 words
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Page 19 Advertisements
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Advertisement822 1985-01-22 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas Containers Limited CONIAIWRSHIP SiRVICf TO UK CONI INf NT OSAKA MY FRANKFURT EXPRESS KOMOON MT HAMBURG EVKS KASUGA MNRJ TO* 10 ORBS CJMOKAM RAT OSAKA MT limn* mt TOKYO MT822 words
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Advertisement436 1985-01-22 19 Franco Belgian Services uv. 1 tit r wi« u t \~Si rr* Vf MHF H C» A( 1 < ONSOH TIIJM TTT CHARGFURS HAVRAiSE \'tDt /tm (MED CLUB MEMBER; •'Fv.lf.'. i» i I i i_ 39 Dx 11 slm i 7 1 It tM Ml n tm 27 I Gaa436 words
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Page 20 Advertisements
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Advertisement378 1985-01-22 20 HM!J imPHIt .WWMfiM FULLY CONTAINERISED SEP VICE 10 HIROPt Vl* Sl*; 1 ,hf (f CowoitMn CKVALKX MUL 43M OCVALO BOZE 42W KTTWK CtTSTM. 2W MKTEMJNC* M ALSO LOMMG FOR BKMERHAVEN r fR()M lIIROPi VIA SIM A Mfir" of fbr (on',o» tuirr KM LA (MMSu«MV«OC HK Jpw* 3/2 20/2 22/2 25/2378 words
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Advertisement276 1985-01-22 20 '.7Ti IVMH.HTn wa THONG SOON V-djl, AGENCIES PTE. LTD 09 0 7 ROBINA HOOSE S PORE 01 Ob TEL *****88 TELEX fiS ***** BOOKING 2? 1 (O'.RECI LINE! SINGAPORE TO PENANfi •BUUGt 25 Im 27 Ja •JENHOL 27 Jan 31 Ja •With Dry 4 Reefer Container Service CONTAINER FEEDER SERVICE276 words
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Advertisement539 1985-01-22 20 Wmm Hapag-Lloyd u i TO CONTINENT UK OuU Bjy Eipu KMAmi by HMhq bpn Kiw|) Mini I** Cipro C«6|M B«y Oukj BIT 1/4 0/4 On carriafa to Scmdhtvli, Mad, Wand hauli(( to IM dtoltoalh tfburt Blutc* Mm It 18/2 20/2 21/2 23/2 25/2 27/2 21/2 2/1 5/3 7/3 1/3 11/3539 words
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Advertisement847 1985-01-22 20 o EVERGREEN ull Container S r h Round-The-World East Bound Service (FE/CARIB/USEC/EURO/V MED /FE t«« GOBS PO GIANT do sunt EVE* OUCE 5/3 17/3 It/3 l«/ 3 U/) 23/3 27/1 11/3 17/3 a/3 a/3 31/3 2/4 M 11/* 27/1 7/4 1/4 IV4 11/4 13/4 17/t M 5/4 M/ 4 17/4847 words
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Advertisement90 1985-01-22 20 CXSINOSE MARITIME PTE LVD KAPOK PJCELMC POIK LOAD FOt KarscW raawlw" mmtmm wk oawwm^zzmszyj MNJMM IMK nUMVOIT Ll» MOKtan TAIYO MARINE LINE SANKYO LINE JAPAN/STRAITS SERVICE JWIUL MOON TROPICAL MMVM SANKOU MNHJ EXGOSOI 2 SANKYO LINE (S) PTE LTD. 37 Somrrsr' R<l 06 01 Ng Tpo*. He? Blvl.j S pc90 words
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Page 21 Advertisements
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Advertisement603 1985-01-22 21 PACIFIC INTERNATIONAL LINES Pll Building. 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 VYw EAST AFRICA/REDSEA SERVICES HONGKONG SINGAPONC LOADING FOft: VOYAGE HONGK E-545 29-90/1 E-547 30-31/1 E-549 1-2/2 E-M1 20-21/2 E-553 20-27/2 TAMATAVE, MAPUTO. BE IRA, MOMBASA.****** HOOEIOAH. JEODAH, AGABA, ADEN, PONT SUEZ HOOCIOAH. JEDOAH. PONT SUDAN. D BAL603 words
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Advertisement677 1985-01-22 21 BENLINE CONTAINERS EXPRESS CONTMNER SERVICE TO/FROM EUROPE EUtO« STRAITS HAM BIMVEN RDAM NAM UJC PJIELANG STONE FOR bMW Sa*a4 faU SMtf 22/1 24/1 «G. Vm HaaWw| 'yr* SaM faM faM SM Mm Nn SaM 22/1 21/1 2S/1 14/1 1/2 W6. nw t/2 UO.R.TI 1/2 11/2 IM TWN IS/2 W. TK.677 words
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Advertisement427 1985-01-22 21 DJAKARTA LLOYD INDONESIAN NAT lONAI I INF r Far East S'pore Service FuM Container Vessel. Bunn TMlMimu I*l Hoi«fcanfS part TfPnak (M). MAJAPAMT fit I* a/12 38/12 J/1 S/l 19/1 21/1 GOM Vlt 17/1 11/1 22/1 24/1 a/1 1/2 1 S para Naa Tort MM «Ortaan IVI 21/2 »/2 2/]427 words
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Advertisement362 1985-01-22 21 BOUSTEAD SHIPPING AGENCIES Pa(M VS2 BURMA FIVE STAR mm CORPOBATKMI (Burmese National Line) Loadmf for Ranfoon Spore PJ(eUn| Pi 26/27 Jan 26/27 lan i 2/5 Feb BANK LINE SPORE R'DAM HULL HMBG FORTHBANK 23 ion 18 Feb 25 Feb 21 Feb MEADOWBANK 24 Feb 22 Mor 30 Mor 25 Mor362 words
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Page 22 Advertisements
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Advertisement1066 1985-01-22 22 K LINE ECUADOR/PERU/CHILE FEEDER VSI MOT*R *Sl KANSAi nOICII *42 ANTOFAUSU V 5717 CENTRAL AMERICA/CARIBBEAN SEA FEEDER VSI MOTHER VSI WIG KANSAI PIONEER V 42 CROHN X I* CtCRRT V 24 ji_ vLN BSL KAWASAKI KISEN KAISHA, LTD. STORE PKIG me STORE KOBE GUAYAGUI CAIIAO ARICA W* AFAGASTA S.ANTONK) YAIPMABG1,066 words
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Advertisement585 1985-01-22 22 CAUFORfRA/PACIFIC NORTH NEST SERVICE EXPRESS CONTMNER/REEFER/BU.K SERVICE loMling toe 10S ANCiKS SAN FRANCISCO SfATTU TACOMA VANCOUVER BC Accepting fa 'FCI Containers P Aelang Singapore I Angeles BHAYABHUTI" Feb 27/21 Feb Mar AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI fCI Containers KABWOAS 3 4 Feb lAVDAS rami AAUMUH 8 9 Mar RAMOAS585 words
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Advertisement447 1985-01-22 22 SANKO ASIA LINE FROM JAPANESE POPTS ANO HO NO KONG WW ta_ 1. FUKUZAKJ MMU 2. MO COLORADO 3 REGENT RANGER 4 RAM TMOR 5. EDO MMU i REGENT RUTH 7 GOTONG ROTONG Singapore 24/2 C tan */a i» 29/31 lan 30/1 Feb 2/4 Fab l/t Fab 9/11 Fab Platans447 words
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Advertisement467 1985-01-22 22 INTRASEA (PTE) LTD 10 Anson Road =2? lb InterndtiO"^ 1 Sinqapore 0207 Tel *****1 1 10 I ri >- s <► BREAKBULK SERVICE TO EUROPE/UK KAMI VATS 88M917 SKfff* N *****1S P tar.- scte/wtt/ant/wi. <mon> 1/2 ROTT/ANT/ILK. (WW SEAWOOO SHIPPING CORPORATION S pore P Lu*« tar S port P KeUnc467 words
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Page 23 Advertisements
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Advertisement681 1985-01-22 23 FAR EAST/EUROP€ FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): K CHANCE 2011 HKCONTAMER43W+. C PAUL 43W C ROZE 42*. N CRYSTAL 2SW MAETDtLMCX 5N Also accepting cargo to/from Scandinavia HK CONTAINER S'pore Closing Times: FCL Cargo 1 FROM EUROPE (VIA SUEZ) 4 C ROZE 41E. N CRYSTAL 27E MAfTERLMCK 4E..681 words
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Advertisement395 1985-01-22 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO F KELANG. PENANG. BUSAN, INCHON Vttsii Hi 7 Dmam/SOIN No t Danjm/MIN No Ooun/MIN No taunt MIN PR PEN 1/2 12/2 22/2 2/3 Kit MCMON BUSMI 13/2 23/2 4/3 13/3 No 6 Donam 409N No 9 Doiun 407N Own Survt, on395 words
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Advertisement589 1985-01-22 23 &SINSOV SINGAPORE SOVIET STOPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SMGAPORE Tetex Numbers RS ***** RS ***** RS 2510S P KELANC PENANG M/S SHARMAT WAN SOON SON. BW. IST ANO 2NO FLOOR. MESSRS HN THONG SMPPMG 23 WeM589 words
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Advertisement121 1985-01-22 23 ahrenkiel liner service OURRAN JOHANNESBURG M> MAORI TIDS A RF UNION WESTBOUND ETA PT SIN LOUIS DURBAN BEIRA SARNIA IW/85 2/2/85 19 2.85 24 285 EASTERN HARMONY 18/2/85 28/2/85 5/3 (Contrs Only) 2W/8S alao accepting cargo for Malawi ft Zimbabwe BBHBIBM ETD ETD ETA Itinirniniy r bay Durban sin BARON121 words
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Page 24 Advertisements
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Advertisement777 1985-01-22 24 l*e<|i(Nial I'.ontsiiiH'r Lines 3 Sailings Weekly H3BBjl Re,ia t>le Regular Punctual Berthing P S.A Mon, Wed Sat S*l BHUM I HAM BHUM BUNGA KEMUMNG SKI BHDM THMU BHUM BUNG* KEMUMNG SKI BHUM THMU BHUM BUNGA KEMUMNG SKI BHUM THAfU BHUM BUNGA KEMUMNG SKI BHUM THANA BHUM BUNGA KEMUMNG SKI BHUM777 words
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Advertisement76 1985-01-22 24 FARGO SHIPPING COMPANY (PTE) LTO 1 r EXPRESS CONTAINER service SINGAPORE BANGKOK 3 SAILINGS WEFKI Y SW MM THMM MM BUNGA KEMUNMG SW MM Sparc Bhk 23/23 lan 25/26 Jan 26/27 Jan 29/30 ton 21/29 Jan 31/1 Fafc 30/30 Jan 1/2 Fab Acc*ptin( both FCI and LCI: LCI Carpal packed76 words
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Page 24 Miscellaneous
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Miscellaneous167 1985-01-22 24 a Regional Weather x '•s 1 4 0 01 5 35 X«*V SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. p Temperature °p X\ IX Thunderstorm Weather Wmd direction with speed m knots Shower (J Ron Wave height Cloudy Sky Sur+oce winds ore indicoted by orrows which My167 words
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Page 25 Advertisements
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Advertisement61 1985-01-22 25 COLUMBUS LINE REEDEREI GMBH MPRFSS SEMI CONTAIN€R SIRVICF 10 HUH ROTTERDAM HAMBURG S?OK MV TOANA PAPUA V 2 5/2 MV TAMAITAI SAMOA V 4 7/3 PKELANG ROM HB6 HUU 7/2 S/3 14/3 19/3 5/4 10/4 15/4 SEAIION SHIPPING (S) PU I ID SAIFS BOOKINGS TR ??OSbBl -8 Imc, Pf *>:sn61 words
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Advertisement61 1985-01-22 25 I IMA SHIPPING TEL *****33 (MAIN) JUPIU PTE LTD TLX: «S ***** TIMBER/BREAK BULK SERVICE RANGOON STORE BKK IOMIM FOR MEL lON V 34 *art 24/1-2G/1 21/1 1/2 W/fN RANGE IUNO A 5/2 13/2 IS/2 HK/fN RANGE UNO B 3/3 14/3 IS/3 HK/ffN RANGE CALL OTHER PORTS SUBJECT TO INDUCEMENT61 words
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Advertisement233 1985-01-22 25 Scan Dutch To Europe (Med/UK/NC/Scan) B Butang SM B Butane 23/1 B Butane 30/1 B Butane 6/2 B Butane 13/2 B Butane 20/2 FEEDER P. KELAMG B Butane SM B Butane 26/1 B Butane 2/2 B Butane 9/2 B Butang 16/2 B Butane 24/2 I SINGAPORE ACCEPTING/SAILING Nthon N Depma233 words
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Page 26 Advertisements
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Advertisement342 1985-01-22 26 rcu o/j\r»/rn;. jan ftnk>^trt.ptapkk> t Mitsui OS K Lines Ltd CONVENT! ON AL/SEMI-CONTAINER AFRICA MARU CONTINENTAL PARTNER NEDLLOYD MO JI APOtLO PEAK 29 Jan Port Louis. Reunion 5 Feb Mombasa. Daressalaam. Beira. Nacala. Tamatave 14 Feb Mombasa. Daressalaam 25 Feb Port Louis. Reunion HIMALAYA-MARU 11 Feb Monrovia. Abidjan. Tema, Also342 words
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