The Business Times, 5 February 1985
1985-02-05
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The Business Times
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Title Section12 1985-02-05 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, FEBRUARY 5, 1985 60 CENTS12 words
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Article703 1985-02-05 1 BOEY KIT YIN - Final decision expected to favour Singapore By BOEY KIT YIN A PUBLIC HEARING on the preliminary US findings clearing Singapore of unfairly subsidising its textile and garment exports will be held in Washington next week. The hearing, held by the US Commerce Department, is703 words
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195 1985-02-05 1 NTUC-INCOME intends to achieve $600 million worth of sales in insurance policies this year. That target is the cooperative's highest ever in 14 years and is set with the awareness of a difficult year ahead, says Income general manager Tan Kin195 words
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328 1985-02-05 1 ZHOU MEI - By ZHOU MEI Economics Correspondent AN ASEAN stand is taking shape in Kuala Lumpur in preparation for the scheduled "informal meeting" between Asean economic ministers and US Trade Representative William Brock this Friday. Treatment accorded developing countries by the US ugder its generalised328 words
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305 1985-02-05 1 HONGKONG'S property market is expected to be more active this year. Mr Leung Chun Ying, a partner of Jones Lang Wootton in Hongkong, said yesterday that as confidence in the colony is being gradually rebuilt, more investment and demand for development sites305 words
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Article, Illustration81 1985-02-05 1 PROFIT-TAKING yesterday continued to dog the Singapore stock market, which had rallied strongly In the early part of last week. Yesterday's correction Is seen as a healthy sign because It wDI allow the market to consolidate Itself before the next move upwards. The BT CompMlte Index fell SJi81 words
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429 1985-02-05 1 AMY BALAN - By AMY BALAN NEPTUNE ORIENT LINES has become the second company in two months to opt for a revolving underwriting facility (RUF) as a cheap source of mediumterm funds. BT understands that plans to put together a US$5O million RUF for429 words
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370 1985-02-05 1 LOH HUI YIN - By LOH HUI YIN THE MINOR shareholder in a company set up to build a seven-storey shopping and office complex in Havelock Road New Bridge Road yesterday accused the major shareholder of acting against the company's interests. Darimbi Holdings Pte Ltd, which has370 words
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Article180 1985-02-05 1 Reuter THE US dollar yesterday traded at its highest level in 12 years against the Deutschemark, brushing aside sporadic attempts by central banks during the past few days to stop its progress. After hitting a peak of 3.2018 marks in Hongkong, the dollar fell slightlyReuter - 180 words
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Page 1 Advertisements
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Advertisement56 1985-02-05 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Nikon F3P Nikon F3T Nikon F3HP Nikon F3 Nikon FA Nikon FE2 Nikon FM2 Nikon FG Nikon FG2O Nikon EM Nikon LI3SAF Nikon L3SAF Nikon L3SAD Nikon Nikonos V QNikon) The world s finest photographic system SHRIRO 09-00 Vot San Bo«*ng 268 Orchard Road56 words
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Advertisement257 1985-02-05 1 Singapore ona of HK'i top mvm investors, Back Pago RAW MATERIALS DOONESBURY CROSSWORDS SPORTS 9 MONEY EXCHANGE 7 SHARE INFORMATION 13 SINGAPORE-MADE garments are acceptable to the Japanese market but freight costs and tariffs have made them more expensive than products from other competitors. Page 2 PRESIDENT REAGAN's 1986 budget257 words
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Advertisement19 1985-02-05 1 ^|="\?!!^:'!^]+[;.>.)!($,$^_%}. "Whats the best wiy toU.K.?" tt Via Schiphol. YouW the change." -mm The Reliable Airline KLIVI Royal Dutch Airlines19 words
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Advertisement6 1985-02-05 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM6 words
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HOME NEWS
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383 1985-02-05 2 BOEY KIT YIN - By BOEY KIT YIN SINGAPORE-MADE garments are acceptable td the Japanese market but freight costs and tariffs have made them more expensive than products from other competitors. To overcome this problem, the local garment exporters and manufacturers should consider setting up joint ventures with383 words
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500 1985-02-05 2 ANNA TEO - By ANNA TEO WORLD Executive's Digest, recently acquired by the Goldhirsh Group of Boston, is going places. The English language business digest intends to move beyond the Asian market to cover seven languages in the next five years. Korean and Chinese editions500 words
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183 1985-02-05 2 A RECENT TRADE mission to Bangladesh managed to clinch $100,000 worth of sales, most of which consisted of steel sinks and industrial sewing machines. Another $2 million to $3 million in orders are expected to be closed by the eight companies which183 words
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Article76 1985-02-05 2 TELECOMS will introduce the Speedpost Service to Egypt from Monday, Feb 18,1985. Charges for the service are $40 for the first half kg or part thereof and |7.50 for each additional half kg or part thereof. There is no limit to the weight of a consignment,76 words
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176 1985-02-05 2 THE Vocational Industrial Training Board (VITB) will conduct an intake exercise for the part-time Industrial Skill Development courses under its Continuing Education Training (CET) programme. Registration will be held from Feb 13 to Feb 15 at the following centres: Ayer Rajah Vocational Institute, Vocational Drive,.176 words
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110 1985-02-05 2 THE 677 residents of the Woodlands Home for the Aged are celebrating the Lunar New Year a fortnight early. This evening, they will be treated to a Chinese New Year dinner by Mr and Mrs Tan Chin Tuan. This will be the110 words
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Article, Illustration284 1985-02-05 2 JOSEPH CHEN and JANINE MORRIS have been appointed directors and REGINA LEE is now the head FRN FRCD trader at Indosuez Asia (Singapore) Ltd. Mr Chen will be responsible for trading in Euro-securities. He is the chief dealer, in charge of a staff of six dealers. Before284 words
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334 1985-02-05 3 PENG AILIAN - By PENG AILIAN THE SYSTEM of organ donation cards for transplants has not been too successful in Singapore compared with other countries. Dr Lim Cheng Hong, head of renal medicine at the Singapore General Hospital, said yesterday that the register of organ donors as at334 words
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244 1985-02-05 3 CHICKEN CURRY, prawn mee and several other popular local dishes will be available, fastfood style, at a food fair in Saudi Arabia next week. Effort Holdings, a local company, hopes to tantalise palates in West Asia Singapore's biggest market for food244 words
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Article87 1985-02-05 3 A FRENCH delegation of the Senate Committee of Foreign Affairs, Defence and Armed Forces, is to call on Mr S Dhanabalan, Minister for Foreign Affairs and Minister for Community Development, today. The visitors, led by Mr Pierre Matraja, vice-president of the Senate Committee of France,87 words
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Article51 1985-02-05 3 TOP ENTERTAINERS and delicacies from New Zealand will be air-flown for a gala buffet dinner at the Hyatt Regency Hotel to celebrate New Zealand's national day on Wednesday. The event is being jointly organised by the New Zealand Tourist Office, Air New Zealand and Singapore51 words
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156 1985-02-05 3 THE Small Claims Court will hold its first consultation session n£xt Wednesday. Twenty claims have been lodged since the Small Claims Tribunal came into operation on Feb 1. The court aims to bring parties in dispute to an amicable settlement before156 words
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98 1985-02-05 3 THE DIAMOND Exchange of Singapore (DES) has reduced its entrance fee for the first 100 new members in its bid to encourage wider participation. These new members need pay only $1,000 entrance fee, half the usual cost of $2,000. However, the annual subscription98 words
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Article, Illustration378 1985-02-05 3 JEFFREY TSANG - Efficiency should be of interest to building contractors By JEFFREY TSANG STUDENTS of the university, Nanyang Technological Institute and Singapore Polytechnic have made concrete with three times the normal strength using the same amount of cement. Twenty-two groups of students from the three institutions made378 words
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326 1985-02-05 3 SALES OF production machines worth more than $2 million were reported by several exhibitors at Wire Asia *85, which was held at the World Trade Centre for four days from Jan 29. About 2,200 people in the trade, mainly from326 words
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116 1985-02-05 3 MORE THAN 2,000 children from five primary schools will enjoy and take part in a local adaptation of "Treasure Island" in their respective schools thanks to local book distributor Figurine Panini. The distributors of "The World of Survival" and other Panini products here are116 words
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Page 2 Advertisements
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Advertisement203 1985-02-05 2 Thai Royal Executive Class. Wfe go to great lengths to please > h* \> .j 4 m .su. n*?* 1 IT y5 4 <■ <■ B3F ,> J&, xsBRS!SSS X' A" JR t Thai, we go to such lengths to please you. You can actually measure our smooth- asL silk203 words
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Page 3 Advertisements
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Advertisement57 1985-02-05 3 You've got great looks •i:>% M y, V >w w t ka ,•<: £2K •v < m-l v,* V -V* A i in# i ii ;V": .:o£vV" Vi,. v 2f& It ■<:'v; >; PJKI Biop/irsisi Ilk »ig if r V:> <• ■f'. M-ffl i: r 1' i 0 0 r57 words
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OVERSEAS
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613 1985-02-05 4 Bernama MALAYSIA will lose an estimated Ms3oo million annually in terms of foreign exchange if it continues to import steel billets for the domestic market, Trade Industry Minister Tengku Razaleigh Hamzah said yesterday. Based on Malaysia's current difficulty in the balance of payment,Bernama - 613 words
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147 1985-02-05 4 AP THE TAIWANESE government revoked the export licences of 74 companies in 1983 and 1984 for shipping counterfeit products abroad, the Board of Foreign Trade said on Monday. The government agency said the companies had been barred from exporting products for two years and theirAP - 147 words
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233 1985-02-05 4 Reuter KHMER ROUGE guerillas have said that they killed more than 200 Vietnamese soldiers in counter-attacks in Cambodia. In a broadcast monitored in Bangkok yesterday, the Khmer Rouge said they also destroyed three tanks, sank several boats and sabotaged roads and railways acrossReuter - 233 words
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256 1985-02-05 4 AFP THE US military advisers to be sent to the Philippines should not command local soldiers in the campaign against communist insurgency. Foreign Minister Arturo Tolentino said yesterday: "I have never understood (that) the US would send us military advisers inAFP - 256 words
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Article774 1985-02-05 4 DEPARTURES Operator Service nuinh*i Local time For MAS MH6I8 0015 KUL FT FT72 0155 TPE/NRT/ANC/ SFO/LAX CV CV796(7) 0445 HKGADXB/ LUX) RJ RJ183 0530 AUH/AMM SIA SQI02 0730 KUL RA RA408 0730 BKK/KTM NW NW902 0755 HKG/TPE/NRT/ ANC/ORD/JFK MAS MH602 0800 KUL SIA SQ62 0815 BKK PAA774 words
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328 1985-02-05 5 Reuter SOVIET COMMUNIST chiefs considered dropping a highradiation nuclear bomb on China after a border clash in 1969, according to a book by a high-ranking Soviet defector. Arkady Shevchenko, a United Nations under-secretary general and adviser to Soviet Foreign Minister Andrei Gromyko before he defectedReuter - 328 words
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WORLD IN BRIEF
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Article45 1985-02-05 5 AN EARLY morning bomb explosion in Paris on Sunday destroyed three cars and damaged a dozen others outside the ministry which oversees the troubled territory of New Caledonia. Police said there were no injuries and no group claimed responsibility for the blast.45 words
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Article67 1985-02-05 5 FORMER British premier Harold MacMillan, Chancellor of Oxford University, has said that he "deeply regretted" the university's decision last week not to confer an honorary degree on Prime Minister Margaret Thatcher. He said that last Tuesday's 738-319 vote would "rebound on the honour and position of the university67 words
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Article45 1985-02-05 5 MALAYSIA is optimistic that the proposed review of the 1927 Malaysia-Singapore sea boundary agreement could be implemented by the middle of this year. Land and Regional Development Minister Adib Adam said that a paper on the matter had been submitted to the Cabinet.45 words
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Article53 1985-02-05 5 A SOLITARY death row prisoner was executed in Japan last year, bringing to 574 the number who have gone to the gallows since 1945. The newspaper Asahi Shim bun yesterday quoted a justice ministry report as saying that 1964 was the sixth straight year that only one execution53 words
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Article30 1985-02-05 5 NOBEL Peace Prize winner Desmond Tutu, installed on Sunday as the first black bishop of Johannesburg, has given a two-year deadline to South Africa's government for dismantling apartheid.30 words
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Article30 1985-02-05 5 Agencies BRITAIN'S state-run coal board has predicted a surge back to work by striking miners after the latest peace attempts failed to solve the 11-month-old dispute. AgenciesAgencies - 30 words
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144 1985-02-05 5 AFP THE South Korean government yesterday announced that opposition leader Kim Da-jung would not be rearrested and sent to prison when he returns home on Friday after two years of voluntary exile in the US. "It is the policy of the government not toAFP - 144 words
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290 1985-02-05 5 UPI THE Soviet Union has said that President Reagan's request yesterday for a record military budget will sour the mood for next month's arms control negotiations between the superpOWJTS. "President Reagan made it dnr tint both the reduction of the allocations forUPI - 290 words
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498 1985-02-05 5 Congress unlikely to approve arms spending budget Reuter PRESIDENT REAGAN'S 1986 budget formally went to Congress yesterday, but key legislators have said that the US$974 billion spending blueprint will be dead on arrival unless Mr Reagan accepts a cut in his arms spending request. MrReuter - 498 words
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203 1985-02-05 5 Reuter PRESIDENT REAGAN is proposing to eliminate direct loans by the US Export-Import Bank as part of his programme to cut the federal budget deficit. The controversial measure in his budget for the 1986 financial year, presented to Congress yesterday, reflects the administration'sReuter - 203 words
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Page 4 Advertisements
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Advertisement322 1985-02-05 4 $4,880 taken a ng bite off the price! vl \T > V .1'" sip 1 > «2r "•> 1 ♦v. t S&££ K*\ -V .f V V 'V The Epson QX-10(G) and QX-PC Board (192K8) now at amazing $4880. Take the hassles and time consuming paperwork out of your business322 words
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Advertisement11 1985-02-05 4 Pan Am Clipper Class. More Scat room. More Legroom. More Space.11 words
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Page 5 Advertisements
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Advertisement387 1985-02-05 5 WHO SAID COMPANY CARS HAD TO BE PRACTICAL? Of course they have to get JflHHj you from A- B as comfortably and economically as possible. But does that mean the interior should be dull and Or that only the fixtures be included? Or that the car look like a shoe387 words
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Page 5 Miscellaneous
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Miscellaneous24 1985-02-05 5 Doonesbury maw* W:l _JSf* m if s f V >P it ry rate $5 V 1 BY GARRY TRUDEAU I m CJ. w m24 words
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MONEY AND EXCHANGES
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394 1985-02-05 6 SELWYN PARKER - By SELWYN PARKER THE FINANCIAL futures market in New Zealand is expected to assist in enhancing business planning' and performance, and therefore growth in the economy, Finance Minister Roger Douglas has said. In general, corporate financiers agree. They see the fledgling market as394 words
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55 1985-02-05 6 Reuter THE Islamic Development Bank, which has ended a two-day meeting attended by Muslim finance ministers, will give Bangladesh a fresh credit of US$4O million this year. A senior official said yesterday that half the money would be spent on importing fertilisers and theReuter - 55 words
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Article597 1985-02-05 6 SINGAPORE The local dollar weakened to 5J2.2280/ 90 to the US currency yesterday from its opening of 2.2185/95 and last Friday's close of 2.2100/10. It closed weaker at 5588.65 75 per 100 ringgit from last Friday's close of $88.55/65 and at 5J28.50/55 per HK$lOO from $28.25/30. The US597 words
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Article86 1985-02-05 6 THE OVERNIGHT rate on the Singapore interbank money market rose by J/ point from Friday to close at 6 per cent yesterday. The one, two and threemonth term rates closed at a uniform 5V< per cent. Discount prices At yesterday's close Prices offered by discount houses on Feb86 words
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Article478 1985-02-05 6 high of 259.10 yen against the 257.40/50 New York finish on Friday y" It also hit a high 3.2020 marks traded, its firmest since the floating exchange rate was introduced in February 1973, before ending at 3.1988/98 against New York's 3.1930/45. Dollar resistance to a fall in the478 words
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Article, Illustration341 1985-02-05 6 Asian market DOLLAR deposit rates closed steady yesterday at firmer opening levels in quiet afternoon trading. Short-dates firmed 3/16 point at the start following a higher US Fed funds rate and stayed at these levels with overnight closing at nine 8-7/8 and week fixed at 8-15/16 8-13/16. Periods were between341 words
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Article358 1985-02-05 6 BA Futures Inc EURODOLLAR futures succumbed to selling pres- i sure in the afternoon yes- < terday as interest rates I rose further. < The fear that the Feder- 1 al Reserve would tighten 1 its monetary policy has put a bearish mood on the Eurodollar futures market. MarchBA Futures Inc - 358 words
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Article157 1985-02-05 6 HONGKONG Prices closed lower in moderate trading yesterday, coming under pressure from a strong US dollar and concern over higher US interest rates. Dealers said sell orders from Australia helped drag the metal to a low of U*****.90/300.40 an ounce, but it recovered to finish at $300.75/301.25 compared with157 words
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Page 6 Advertisements
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Advertisement132 1985-02-05 6 OCL-Leading the way in container shipping, For 20 years OCL has been both pioneer and pace setter in international door-to-door delivery. Investment in equipment—ships, containers, port and inland facilities and the sophisticated computer systems to complement them— has been matched only by investment in people. OCL and its wide network132 words
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BANKING AND FINANCE
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290 1985-02-05 7 Reuter GERALD CORRIGAN, president of the Federal Reserve Bank of New York, said the US economic recovery could continue with low inflation but it would be wrong for the Fed to pump money into the banking system abruptly to stimulate the economy. Mr CorriganReuter - 290 words
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158 1985-02-05 7 AP BANK OF CHINA has given its Shenzhen special economic zone branch the authority to set up joint ventures with foreign banks and to fix interest rates. A spokesman for the Bank of China, the nation's sole foreign exchange bank, said theAP - 158 words
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388 1985-02-05 7 AP LOANS by the International Monetary Fund to countries in financial trouble dropped sharply last year as the fund's conditions grew tougher. The fund is owned by 148 governments, with the largest number of votes cast by the United States. ItsAP - 388 words
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267 1985-02-05 7 COUNTY BANK, the merchant banking subsidiary of National Westminster Bank, has been given approval under the Australian government's foreign investment policy to establish merchant banking operations in Australia. County Bank plans to form two subsidiaries, provisionally to be called County Australia Securities and County267 words
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216 1985-02-05 7 AFP MORE THAN three-fourths of the US$925 million in new money to be borrowed by the Philippines from 483 creditor banks will be used to pay off interest arrears, the Manila central bank said. Central bank spokesman Mike Avancena said the obligationsAFP - 216 words
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282 1985-02-05 7 AFP THE BOARD of Governors of the Islamic Development Bank (IDB) has wound up its ninth annual meeting during which it readmitted Egypt into its ranks and increased its capital. Meeting chairman Bangladesh Finance adviser M Syeduzzaman told newsmen at the end ofAFP - 282 words
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441 1985-02-05 7 Reuter TIGHT MONETARY conditions are essential to restoring the confidence of financial markets in British government policy, said several London analysts in weekend reports. Last week, bank base rates rose another two points to 14 per cent, helping sterling to recover to U551.1240/50 comparedReuter - 441 words
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463 1985-02-05 7 AFP THE BANKS which once made Lebanon the financial hub of the Middle East are now in disgrace as the nation faces its worst economic crisis and some have even become targets of a new violence. On Saturday, bomb attacks wereAFP - 463 words
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Article108 1985-02-05 7 Reuter WEST GERMAN Bundesbank president Karl Otto Poehl says he sees no reason for further rises in West German interest rates after a half per cent increase in the Lombard rate last week. Mr Poehl told the Der Spiegel magazine that even after the rate was raisedReuter - 108 words
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Page 7 Advertisements
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Advertisement109 1985-02-05 7 Ik® ÜBfiß YE, HFARYE, 7HE#(6.19 LVNCH v AT 1819 If lunch is eating away your time We have a great suggestion in mind A 3-course meal everything in For a mere dollars eighteen and cents nineteen There's a daily change of menu Our Burma Room's t the venue Oh, by109 words
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Advertisement26 1985-02-05 7 Extend irresistible invitations. mr~ 1 .;A( it.Hf it if the eXtraOrdinary cognac •4 :fU' OmiftuMd by Jarditw Wtnas ft Spirits 100 c Pas» Sifigaporeosll Tet *****226 words
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FEATURES
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Article503 1985-02-05 8 EMPLOYERS cheat their staff when they fail to contribute to the Central Provident Fund. Those who pay late are merely indirectly borrowing money from them. There is nothing wrong with such "loans", except that the present system allows the CPF Board to "lend money to503 words
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Article, Illustration1331 1985-02-05 8 FLORENCE CHONG - Bob Hawke searches for ways to cut down the number of jobless young people A political furore is brewing in Canberra over plans by the Australian government to means-test unemployment benefits for young Australians. The move is the first serious initiative by an Australian government to1,331 words
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996 1985-02-05 8 SELWYN PARKER - By SELWYN PARKER THE Australia New Zealand Bank is one of New Zealand's oldest and biggest. Founded in 1840, it is an institution that in 1984 returned a consolidated tax-paid profit of nearly NZ$6O million, a 28 per cent-plus jump over996 words
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Page 8 Advertisements
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Advertisement495 1985-02-05 8 MALAYSIAN CONTAINERS (1974) BERHAD (Incorporated in Malaysia) COMPANY ANNOUNCEMENT The Directors are pleased to announce that the following ordinary resolutions were duly passed by the shareholders during the Extraordinary General Meeting convened and held on 31st January 1985. Ordinary Resolution I THAT,the Directors of the Company are hereby authorised to:—495 words
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Page 8 Miscellaneous
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Miscellaneous659 1985-02-05 8 CRYPTIC PUZZLE ACROSS 3 It's wrong for a friend to go by ship (5) 8 Racy part of Nova Scotia (5) 10 City sources? (5) 11 To duck exaggeratedly (3) 12 Flighty fellow? (5) 13The fight against freezing? (4, 3) 15 Animals one loves distractedly? (5) 18 Edict against bank659 words
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SPORTS
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460 1985-02-05 9 WALTON MORAIS - By WALTON MORAIS SINGAPORE'S preparations for the Admiral's Cup, one of the top yachting races in the world, received a major boost with the arrival last week of Briton Harold Cudmore. Cudmore, a master at match-racing and ocean-racing, is in Singapore for 10460 words
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Article273 1985-02-05 9 AUSTRALIA'S glamour ocean racing series, Hamilton Island Race Week, offers a new schedule of races for its second year of competition, to be staged in April. The series, staged out of Hamilton Island in Queensland's tropical Whitsunday region, will retain its emphasis on top-level273 words
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336 1985-02-05 9 UPI MARK O'MEARA started the day with the lead and never gave it up in a demonstration of clutch golf on Sunday to win the US$5OO,OOO Bing Crosby National Pro-Am by a single stroke. O'Meara, who had a remarkable 15 top 10 finishesUPI - 336 words
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Article, Illustration393 1985-02-05 9 UPI JOANNE CARNER, playing with a sore left shoulder, shot a steady 2-under-par 70 on Sunday to win her 41st Ladies Professional Golf Association tournament and tied the tourney record with an 8-under-par 280. Carner, at 45 the oldest player on theUPI - 393 words
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425 1985-02-05 9 AP THE QUARTET of A J Foyt, A 1 ting helplessly at the bottom of Unser, Frenchman Bob Wollek the banked portion of the 5.73and Belgian Thierry Boutsen km, seven-turn Daytona intertook advantage of a stunning national speedway road circuit turn of events in theAP - 425 words
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Article, Illustration391 1985-02-05 9 UPI NINTH-SEEDED Stefan Edberg of Sweden breezed past No 3 Yannick Noah of France, 6-1, 6-0, on Sunday to capture his first US National indoor tennis title, in Memphis, Tennessee. The 19-year-old Swede, who was ranked No 14 in the worldUPI - 391 words
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Page 9 Advertisements
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Advertisement120 1985-02-05 9 f I Memories s > |im > hoard meeting must he runtime Lite I m jzlad Ik asked nx- to i.mx b\ nnmlt 1:1 um he was delaved The music and atmosphere brinps ba«.k memories of tiit time he proposed threi \cars aco toda\ I lit service is still impeccable120 words
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Page 9 Miscellaneous
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Miscellaneous1179 1985-02-05 9 r L w OND bound HIGHLIGHTS Dramo On 12 Th« Invisible Man (Port 2) 9.00 pm, Channel 12 The Invisible Man goes on the run, terrorising a tramp, Marvel, into helping him recover precious notebooks abandoned in his flight. He eventually takes refuge in the home of Doctor Kemp. There1,179 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration503 1985-02-05 10 FT BRITISH AIRWAYS' efforts to overcome legal obstacles 4o its planned privatisation took an important step further in Washington recently. The Export-Import Bank of the US was visited by a team from Linklaters and Paines, the City solicitors acting onFT - 503 words
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813 1985-02-05 10 NYT WHENEVER stockbrokers or analysts are at a loss to explain brief but sharp price movements, as has been the case recently, many of them attribute the cause to "arbitrage operations" or to developments in the equally esoteric index futures and optionsNYT - 813 words
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545 1985-02-05 10 NYT THE PRICE of the Des Moines Register, which was substantially higher than analysts expected, could quicken the pace of a well-established trend in the US towards the purchase of family newspapers by aggressive newspaper groups. A newspaper analyst at Smith, Barney inNYT - 545 words
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Page 10 Advertisements
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Advertisement585 1985-02-05 10 i-ii? tm 3 m A X SB s:- i» r V r :J J f K aM lumcU-JfajL hA+i, eoAk *~J jU**~ -ttto M*. **t cmmmL IMTERrCOWnWEWTAI SIH6APOIE AfTfiP AWLAk'Y I )AY A U THE BAR Perk your spirits with a tall, cool drink at our 'disco-lounge'. Or pit your585 words
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ASIAN STOCKS
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Article380 1985-02-05 11 HONGKONG: Stock prices rose in moderate trading yesterday, boosted by a late spree of bargain hunting. The Hang Seng index, which was nearly 13 points lower at midday, finished 6.96 points higher at 1,363.22. Turnover was HK5220.67 million, down sharply from Friday's record $3.31 billion. Friday's figure was due380 words
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Article244 1985-02-05 11 FES 04 Al Sincere Indus Ayo Cement NT 4 75 24 20 ■0 45 -0 3 Chem Indus Lien Hwa Irxkjs Non Y a Plos Pocrtic Cons Pocrfic Elect Wire 1780 11 75 29 90 24 00 17 70 unch -0 05 -0.1 -0 1 ■01 Chang Hwa Bonk244 words
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Article461 1985-02-05 11 TOKYO: Share prices closed almost unchanged in moderate trading yesterday after opening firmer. The Market Average edged up 1.52 to 11,891.08 after dropping 57.40 in Saturday's half-day of trading, on volume of 320 million shares against 350 million on Saturday. Wall Street softness at the end of last week,461 words
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Article131 1985-02-05 11 MANILA: Share prices closed generally unchanged in quiet trading yesterday. The commercial and industrial index was unchanged at 103.85, the mining marker was steady at 734.03, while the oils index was up 0.008 to 0.614. FEB 04 Acote Mmmg Anglo Phil Ape* M**ng B PtMl 0 0016 0 001131 words
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Article402 1985-02-05 11 SYDNEY: Australian sharemarkets closed broadly weaker yesterday in what many brokers saw as a long overdue correction to recent highs. Near the close the All Ordinaries index was off 5.4 points at 767.0, the All Industrials 0.8 at 1,159.1 and the All Resources 8.4 at 466.7. National turnover totalled402 words
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Article128 1985-02-05 11 BANGKOK: Stock prices closed lower in weak trading yesterday. The Book Club index fell 0.51 point to 125.45. Turnover dropped to 60,000 shares from Friday's 146,093. FEB 04 A ok horn Tha Sohn SiOm City Cement Sam Credrt 576 94 -6 05 Amo Fibre Ayuthoya tnv And Trust IX)128 words
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Article67 1985-02-05 11 Fab 4 Won 620 Hyundai Corot Hyundai Motor 912 575 529 2 48 •1? 605 -2 681 -9 678 unch 1900 34 490 25 370 -27 500 •n. 716 -4 595 21 781 -26 570 18 807 5 703 3 Somhwon 1303 84 Hor*l Bk Hon Yooa Hyundai Corp67 words
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Article65 1985-02-05 11 BANGLADESH will allow the formation of private investment companies in an effort to strengthen her economy. Companies can be started either by individual investors or under joint ventures for which the central bank will receive applications up to March 14. Authorised capital of 150 million taka and65 words
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477 1985-02-05 11 AFP JAPAN'S television manufacturing industry is booming again, a decade after its first heyday, amid increasing demand abroad, particularly from China. Exports of Japanese colour television sets in January to November last year rose by 28.8 per cent over the corresponding 11 monthsAFP - 477 words
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81 1985-02-05 11 AFP THE CHINESE government has authorised the setting up of a 100 -per cent-owned subsidiary of Epson Corp of Japan for assembling mini-printers for electronic calculators and cash registers in Shenzhen. A Japanese company spokesman said that Epson Engineering Shenzhen, would start production ofAFP - 81 words
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Page 11 Advertisements
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Advertisement577 1985-02-05 11 he BEEFEATER m Xx pmrr o fi>l ■«> I Ynt heme my In buy Orchard BMi WeTi take vn im Well take y*« dm aii Derta Day while Glettea's refute, bm tesick Londoner, that's It. If yon*re Mi, toy It m heme to to this eeey einer aeetM ttw storeye577 words
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Advertisement115 1985-02-05 11 Savoury Delights Await You At mMmx^eauwr 7' i L'* t\ tor reservations call. 235 2698 or 734 6622 ext 141/144 5 M Lnnch: 11am-3pm orchard roac Dinner 6pm-1 lpm i |t^—Luc*» Pi«za II I PW. fjtimKHiii, mmitit. Ample Free Parking 19 Cairnhiil Circle and Valet Service Singapore 0922 Td 734115 words
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RAW MATERIALS
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Article111 1985-02-05 12 (cents/kg, 1-too pollets) February 85 March 85 (current mth) (forward mth) NOON NOON RAS Buyers Sellers Buyers Sellers SSR20 SSR 50 163 50 165 50N 165 50 167 50N 161 50 163 50N 163 50 165 50N MRELB Buyers Sellers Buyers Sellers SMRCV SMR L SMR 5111 words
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Article153 1985-02-05 12 Chinese Produce Robutta 20/25 FOB NSW 477 50 Exchange (MUn' no«" pr*» ft *> Nutmeg 110 FOB NSW 438 00 4. SV'OO *9' B ft. W FOB NSW 281 00 Coconut oil Bufc FOB OW drum FOB 160 00 173 00 Gambier FOB NSW 330 00 New <*um153 words
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Article107 1985-02-05 12 AP A RECORD volume of zinc was mined and refined last year in the non-communist world. Mine output rose by 4 per cent to 4.98 million tonnes, while refined metal output was up 3.8 per cent at 4.82 million, according to the International Lead and ZincAP - 107 words
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Article218 1985-02-05 12 SINGAPORE The market closed slightly lower yesterday with February One RSS buyers quoted at 165.50 cents per kg, down 0.50 cents from last Friday. The morning market held unchanged at last Friday's levels after fluctuating within a narrow range in quiet trading. Prices eased slightly in afternoon trading due218 words
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Article315 1985-02-05 12 RAS prices («s c««t»/kik>, fob «boies) NOON CLOSE Buyers Sellers Buyers Seller* Int 1 RSS Prompt 165 50 166 50 165 25 '66J5N i dcc c»h 85 166 25 167.25 165 50 loo.W RSSMor85 72 25 172 75 171 75 172 25 158 50 159.50N 158 00315 words
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Article88 1985-02-05 12 THE Kuala Lumpur Tin Market price yesterday stayed at the ITA floor level price of Ms2t.ls per kgThe buffer stock manager gave strong support in the absence of other buying interest. The offering rose sharply to 1,23» tonnes from 128 on Thursday dne to disposals by miners at88 words
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Article160 1985-02-05 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix I6's 2,900 Blue Phoenix 20"s 3,000 Blue Phoenix 32's 3,600 Blue Phoenix 40's 3,850 Corded yarn, hank 3,300 Blue Phoenix 21 's Combed yarn, cones 4,600 Blue Phoenix 32'* Blue Phoenix 40*s 4,800 Open-end yarn160 words
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Article123 1985-02-05 12 MALAYSIAN crude palm oil prices closed steady yesterday in thin trading. February deliveries in the central region closed unchanged at M 51,185 per tonne. The refined market was also quiet on buyer reserve amid a lack of overseas demand. Futures closed nominally higher in line with a firmer123 words
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Article287 1985-02-05 12 Singapore C-l special C-l Ordinary unq unq (S$/kilo, ex-godown) Loonzam 100% Thai white first grade 100% second grade 225 100% 1st class 100% third grade unq (kangaroo) new crop 096 Parboiled 227 100% 2nd class 070 5% 100% 3rd doss 065 10% 222 25% new crop B-10% No stock287 words
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Article707 1985-02-05 12 COFFEE I Robusta futures were neglected up to midday yesterday, with prices drifting in thin volume on lack of incentives. Contracts ended £8 a tonne up to £5 down, with May unchanged from Friday's close at £2,383. The market matched expected initial losses of around £5 before moving707 words
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Page 12 Advertisements
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Advertisement251 1985-02-05 12 ATfiT SB Olivetti and AM. The accumulative experience of these pace-setters in inibrmatktti technology is resulting in new successful solutions and products of superior design and technology. vL I -j£i &_jcBh«* »E *L Olivetti, Europe's leading data processing manufacturer and marketer, and a world leader in office equipment, has joined251 words
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SHARE INFORMATION
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Article, Illustration4364 1985-02-05 13 BUYING SUPPORT in the afternoon helped share prices to recoup part of their earlier losses caused by profit-taking at the Singapore stock market yesterday. As a result, the market barometers, the BT and ST indices, recovered from their noon levels. At the end of4,364 words
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Article232 1985-02-05 13 SINGAPORE Rises Indices Poromount 198 +11 Fefc 1 Feb 4 Tronoti Mum 730 +10 T*T 7A 7»»SI 380 +10 BT Cown»o«K« 737.7* ***** QAFL.4 40, .59 +9 r. 474 +8 STkdwtneh 830.87 828 19 mTMIoW? 269 8 STF mk. *****1 2407 9* ?GHwL 210 +7 ST Heteb232 words
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Article438 1985-02-05 13 SHARE PRICES closed mixed at the Kuala Lumpur stock market yesterday in fairly heavy trading. Interest was centred on selected issues which posted substantial gains. But on the whole, most counters registered small gains or losses. Share prices rose at the opening but trading438 words
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Article4589 1985-02-05 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of ***** units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT".4,589 words
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Page 13 Advertisements
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Advertisement13 1985-02-05 13 BusinMs dovM ontMKLSE 8m pag« 14 Selected Indices and Unit Trusts Seepage 1513 words
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COMPANY NEWS
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578 1985-02-05 14 THE LIAN SENG group is still selectively confident about prospects in the hotel and property sectors. This is reflected in its two major projects: the joint-ven-ture $200 million Oriental Hotel and the $300 million Kuala Lumpur Plaza, both located in Kuala Lumpur. Group managing578 words
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305 1985-02-05 14 SINGAPORE investors, property developers and other businesses will see major new opportunities in Sabah in the next decade. These opportunities will result from major new development plans requiring investments well in excess of Mslo billion in the next 10 to 15 years, in305 words
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Article2623 1985-02-05 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 unlU unless otherwise specified. INDUSTRIALS A Choc (2 728 2.765) (5) 2 70 (4)2,623 words
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Article984 1985-02-05 14 OPENING prices were marked down sharply yesterday as hopes of an early cut in UK clearing bank base rates faded reflecting firmer domestic money rates and sterling's easing against the dollar. The FTSE 100 index at 9.45 am was down 14.7 at 1257.9. Among leading issues ICI dropped984 words
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Article, Illustration497 1985-02-05 15 FT BTR PLC, Sir Owen Green's broadly-based conglomerate, has renewed its attack on Dunlop Holdings in the document detailing its £33 million takeover bid. It said that Dunlop's proposed £142 million refinancing package would involve "massive dilution for shareholders and a precarious investment inFT - 497 words
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146 1985-02-05 15 CEREBOS Pacific, the food manufacturing group, has completed the first stage of the deal to buy the franchised Pizza Hut restaurant business in Singapore from QAF Ltd. The sale and purchase agreement was signed on Jan 30. Completion of the agreement is conditional,146 words
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COMPANY BRIEFS
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Article49 1985-02-05 15 a sub- stantial shareholder and director of Metr* Htldligs Ltd, has bought 50,000 shares of the company at $2.79 each. He now directly holds 1.633 million shares or 6.5 per cent of the issued capital. His indirect interest amounts to 6.49 million or 25.8 per cent.49 words
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Article70 1985-02-05 15 has sold 10,000 shares in litne* Ltd at $2.55 per share. Temasek Holdings Pte Ltd is deemed to have an interest in the sale, and they collectively hold 43.737 million shares or 58.3 per cent of the company's issued capital. MPH INVESTMENTS (S) Pte Ltd, a company70 words
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69 1985-02-05 15 ISLAND PENINSULA Bhd ISLAND PENINSULA Bhd has said that its dis- posal of one million shares in Talam Mines Bkd for Msl6 million was arrived at on a willing buyer-will-ing seller basis, after taking into account the company's net tangible assets and its listed status on the KLSE and the69 words
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Article228 1985-02-05 15 Managers' prices for Feb 5 MARA Bumiputra First B'putro 5.64 5 69 Second B'putra 5 04 5UV Singapore Unit Trust Third B'putro Fourth B'putro 4 06 4.11 4 48 4 53 Th« Commwct 2.34 248 Fifth B'putro Sixth B'putra 3 07 3 12 The Savings Fund 1.64 1.74228 words
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Article102 1985-02-05 15 HONGKONG Australian Industrials Hang Seng Index Monday ***** Friday 160.3 Monday 1363.22 Week ago Closed Friday 1356.26 NEW YORK Week ago 1374 89 Dow Jones Friday 1277.72 TOKYO Thursday 1286 77 Week ago 1276 06 Tokyo Dow Jones Monday *****.08 Standard and Poors Saturday ***** 56 Friday 178.63102 words
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Article608 1985-02-05 15 AMY CHEOK - Unit to help spearhead group's activities in China By AMY CHEOK PROPERTY-BASED and detergent manufacturer United Industrial Corporation Ltd is moving more aggressively into China, an area whose potential is being explored by many public companies here. It is in the process of608 words
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562 1985-02-05 15 KENTUCKY Fried Chicken (Malaysia) Sdn Bhd has offered to acquire a controlling interest in financially stricken Socoil Corp Bhd and to settle fully its unsecured debts estimated to be Ms7o million to MsBo million. The consideration for the major block of Socoil shares562 words
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Article588 1985-02-05 15 mo® mm*» HOCK LOCK SIEW ARRANGEMENTS to sell Alfa-Pacific Securities' stockbroking licence to the current prime contender are believed to be proceeding smoothly. Barring last-minute hitches, the sale agreement with Mr Tony Tan Choon Keat of the Parkway group could be wrapped up in a month.HOCK LOCK SIEW - 588 words
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Page 14 Advertisements
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Advertisement107 1985-02-05 14 Banque Asia'Bs 4th Asian trade exhibition on banking systems and technology .ftML THE DATES September 25-27, 1985 THE VENUE The Hong Kong Exhibition Centre THE BOOKING DEADLINE June 15, 1985 THE CONGRESS THEME Financial Technology Applications: Asian Options Up To A.D. 2000 Banque Asia'B6 sth As»an trade exhibition on banking107 words
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Page 15 Advertisements
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Advertisement213 1985-02-05 15 Buying a computer?, STOP! And consider again before you commit your'3s: and in it. Our Share-A-Computer Scheme provides you with the best alternative Your Choice of services:1. Software recommendation and assistance 2. Computer utilisation 3. Software sharing How our scheme benefits you NO COMMITMENT of huge amount of your resources213 words
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Advertisement287 1985-02-05 15 TOP LEVEL CONFERENCE ON CREDIT SECURITY AND MAJOR BANKING ISSUES 15 16 FEBRUARY 1985 MANDARIN HOTEL, SINGAPORE TOPICS Risk Aspects of Documentary Credits (Parts I II) Fixed and Floating Charges: Some Problems of Priority (Parts I II) Options in Dealing with Problem Loans Elements of Ship Finance: Lenders' Problems Security287 words
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480 1985-02-05 16 LISA LEE - By LISA LEE SINGAPORE ranks seventh as a source of overseas investment in about 500 of Hongkong's industrial undertakings. It has a stake of 2 per cent or HKJ23O million out of HKSII.S billion of total overseas investment in these industries. Deputy director480 words
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Article271 1985-02-05 16 SHING LOONG Finance has become the 12th financial institution to take part in the Economic Development Board's Small Industries Finance Scheme. The other 11 participants are: DBS Bank, Oversea-Chi-nese Banking Corporation, Hong Leong Finance, Standard Chartered Bank, Overseas Union Bank, Tat Lee Bank, United Overseas271 words
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198 1985-02-05 16 Reuter A SMART sheepdog called William of Arethyn has posed a major puzzle in Britain how can the wealth he has amassed on the London Stock Exchange be taxed? William picked his first portfolio 11 years ago when American investment analyst Robert BeckmanReuter - 198 words
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111 1985-02-05 16 AP INDONESIA will stop importing newsprint this year after completion of two newsprint plant. Industry Minister Hartarto said yesterday that the first plant is being built at Leces, East Java, where the government has invested US$l6B million. The second, at Cileungsi, West Java, is beingAP - 111 words
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Article, Illustration77 1985-02-05 16 IF THE United State* government still harboured some faint hope that New Zealand Prime Minister David Lange might reconsider his decision to ban nuclear-armed warships from New Zealand waters, this picture would surely dash it. Mr Lange poeed for photographs with a friend on Sunday to raise fundsReuter photo - 77 words
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234 1985-02-05 16 THE SINGAPORE Bank Officers' Association (SBOA) yesterday said the union would hold a meeting to elect a new committee for its Moscow Narodny Bank branch. The meeting was to be held last night. The move follows retrenchment by the Soviet bank234 words
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Article74 1985-02-05 16 Reuter 'A GREEK tanker was struck by a missile in the Persian Gulf yesterday and serious damage to the engine-room has put the vessel out of control. A Merchant Marine Ministry spokesman said the 270,000tonne Fairship was south of Iran's Kharg Island, where it wasReuter - 74 words
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LATE FILE
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Article45 1985-02-05 16 AFP JAKARTA yesterday launched an official house-to-house search in a drive to collect taxes from foreigners domiciled in the city. Antara news agency said some of the mainly Chinese aliens have resorted to various dodges to avoid paying foreigner's tax. AFPAFP - 45 words
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Article50 1985-02-05 16 Reuter AN INDIAN businessman described by newspapers as the key figure in the country's spy scandal yesterday confessed to having been involved in espionage for 25 years. The Press Trust of India news agency identified him as Coomar Narayan of the Bombay-based Manaklal Trading Company. ReuterReuter - 50 words
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Article48 1985-02-05 16 Reuter A HONGKONG man is believed to be suffering from the colony's first-ever case of the fatal disease AIDS. A spokeswoman of the Medical and Health Department said that the 49-year-old Chinese man admitted to hospital last September is in a critical condition. ReuterReuter - 48 words
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Article50 1985-02-05 16 UPI A RECORD 2,200 British miners abandoned the marathon coal strike yesterday following the collapse of yet another round of peace talks last week. The National Coal Board said the turnout was "the biggest return to work on any day since the strike began". UPIUPI - 50 words
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Article32 1985-02-05 16 Reuter A HONGKONG court yesterday formally ordered the liquidation of a money changing firm, Deak-Perera Far East, which is affiliated to the financially-troubled US Deak 4 Co. ReuterReuter - 32 words
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Article31 1985-02-05 16 Reuter THAILAND plans to barter an additional 120,000 tonnes of its tapioca chips for 50,000 tonnes of South Korean fertiliser between later this year and 1986. ReuterReuter - 31 words
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Page 16 Advertisements
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Advertisement275 1985-02-05 16 ft IPI 1 rMERIC •X v<2 «c* ?x> s UUi*i Hi^f i£, V C *v A f'. i s -/< X VA'A- V* V** A GREAT WAY 10 FLY AROUND THE WORLD FROM $4200 SI As Round the World Fares are not only an unbeatable bargain but offer a most275 words
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Page 16 Miscellaneous
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Miscellaneous52 1985-02-05 16 Outlook for today: Fair; cloudy, rain in the late afternoon. Report for 25 hours prior to 7.30pm on Feb 4 at the airport Maximum temperature 31.0 Associated humidity 68 Minimum temperature 24.2 Associated humidity 96 Hours of sunshine 7.90 Rainfall in millimetres Trace Rainfall this month 18.8 Rainy days this52 words
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SHIPPING TIMES
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182 1985-02-05 17 Reuter A SERIES of bans and stoppages by waterfront and maritime unions is continuing to disrupt the movement of foreign flag vessels at Australian ports. The unions began the action last week ahead of the hearing this week of a suit broughtReuter - 182 words
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Article, Illustration359 1985-02-05 17 JUNE LIM - By JUNE LIM CHUAN Hup Marine is pursuing opportunities to improve its technological base. It has modified a newlyacquired supply ship, the Penyu, to perform offshore acidising work. The vessel was recently converted at Chuan Hup's subsidiary, Asia Pacific Shipyard. At the same time, Chuan359 words
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Article678 1985-02-05 17 thinmkin 1 unv N* C4 Afea VI 3 Ahrenkiel Liner VI 5 AJphatror* VI 4 Andeko Shpg VI 1 ANL 1 1 APC Line V 4 APL M 4/5/6 ASCL HI 1 Asiobroker V 5 Austasia Line V 1 Bolt-Orient VI 4/5 Bangkok Cont VI 2 Bonk678 words
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PORT SIDES
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Article113 1985-02-05 17 THE MOST modern and largest ship in the Swedish Navy, the Carlskrona, is in Singapore for a four-day visit until Thursday. The vessel, now docked at Sembawang Wharves, is used for training cadets and showing the Swedish flag. This is its third trip to foreign countries foUowing113 words
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Article67 1985-02-05 17 THE PORT Authority Recreation Club (PARC) is holding a charity Walk-a-Jog on March 31, to help raise funds for the Community Chest of Singapore. The five-kilometre exercise will start at 8 am, and will commence and end at th PARC clubhouse at Bukit Chermin Road. Mr Wong Hung67 words
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Article39 1985-02-05 17 COLOMBO port handled 2,183 ships in 1964, 200 more than the previous year, a Sn Lanka Port Authority official said. He attributed the increase to better port facilities and more problems in other ports in the region.39 words
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660 1985-02-05 18 AP PANAMA never has been a seafaring nation. Few sailors say they are home when they steam into its ports or through its Canal, and only a handful of shipowners actually live here. But the tiny Central American country has one of theAP - 660 words
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Article323 1985-02-05 18 Lloyd's List IN BEHIND-the-scenes moves, at least three tanker charter exchange deals involving otherwise surplus ultra-large crude carriers have been negotiated since the start of the year. The total value of the deals could top $40 million and although tanker swapping is not expected toLloyd's List - 323 words
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Article, Illustration170 1985-02-05 18 SCANDUTCHs Nedlloyd Dejima recently discharged at Singapore the final part of a German-built winch system, the first of its kind to be installed in Asia on the Ss2s million crane barge being built by Far East-Levingston. This shipment of six winches will complete the170 words
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Article1836 1985-02-05 18 FAIRLY active coal/petroleum coke chartering is reported on the freight market on Friday with further interest being shown by ore shippers, shipbrokers said. Coal from Mobile to Japan received U5512.40 while $7.50 was paid for coal from Prince Rupert to Japan and $11 from Roberts Bank to Denmark.1,836 words
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Article151 1985-02-05 18 AP A JAPANESE patrol boat recovered on Sunday the body of one crewman from a 993-ton South Korean cargo ship that capsized and sank in the stormy sea of Japan last week, an official of the Japanese Maritime Safety Agency said. The official, who asked notAP - 151 words
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242 1985-02-05 19 FT MANNING levels on British ships have become so cost-effective over the past three years that they now match those of most North European competitors, the General Council of British Shipping (GCBS) said. Improvements are believed to average about 20 per cent,FT - 242 words
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451 1985-02-05 19 P O estimates higher pre-tax profit for 1984 Reuter PENINSULAR and Oriental Steam Navigation Co (P O), said it estimates 1964 pre-tax profit at £69.5 million, up from £56.7 million the previous year. The latest year includes £27.7 million, up from £9.1 million, from associates. The 1964 accounts also tookReuter - 451 words
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156 1985-02-05 19 Reuter CHINA put a series of measures into effect over the weekend aimed at speeding up cargo shipments and reducing long waiting times for ships at major Chinese ports, the Economic Daily said. But the strain cannot be entirely alleviated in the short-term,Reuter - 156 words
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Article311 1985-02-05 19 AFP HESITANT conditions prevailed initially on the tanker market last week as many traders held back in the hope of good news from the conference in Geneva of the Organisation of Petroleum Exporting Countries (Opec). It was nevertheless thought that a certain amount of fixing took place behindAFP - 311 words
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201 1985-02-05 19 Lloyd's List AN INFORMATION bureau designed to crack down on shipping companies which run up large debts and deliberately extend credit periods has been set up in the Netherlands. The so-called Payments Experience Exchange Bank System (Pebs) is expected to mean far tougherLloyd's List - 201 words
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Article186 1985-02-05 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 Container Line.186 words
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Article, Illustration5412 1985-02-05 24 3®aBG)gEB 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 of5,412 words
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Article646 1985-02-05 25 sr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Maria Siri Bhum Pegasus Pride Monte Ruby E Promoter Maersk Rando Uni Fortune E Gather Voy date/time Operator cargo schedule Location 44A 206N 364N 26A 096W A 8506N 002E 004RW 5.2.85 5.2.85646 words
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Article1808 1985-02-05 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies ISI Alro-KarmaU Line Transgroup (Si Xhreskiel liner Service Kim Shpg (Si Alfred C Twpfrr Oceanus Shipping Agencies (Si Marinte* Enterprise (PK) Alpae Intrasea (S) Bintang Shpg (KLi Island Cargo Handling1,808 words
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Article541 1985-02-05 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Itaquice La Rloja Nan Xiang Prosper Regent Radiance Sarnla Christina Isabel Eastern Bay Green Ocean Iwerl John Lykes Kota Cahaya Kota Pelangl Kris Madura Straits Star Sunny Pine 6/7 35/6 29/30 15/6 19 1/2 44 3/4 47541 words
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Page 17 Advertisements
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Advertisement404 1985-02-05 17 ft k P\Mnh»d by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A mtmßf Ot ">e times oganijot'CX 1 556.50 I] PANAMA has om of the largest fleets of merchant ships in the world PENINSULAR and Oriental estimates 1984 pre-tax profit at £69.5 million 11l404 words
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Advertisement227 1985-02-05 17 Jl UNITED ARAB SHIPPING CO (SAG) fgl I SEAIORD SHIPPING AGENCIES mm M 70 Shenton Way 04 02C Manna HouM Singapore Tel JJO'.9'»4 T <•!'■ N" PS /S4 >? m CFS office TPC 03-30 Tel ???373' and ???OK3; Terminal office TPC 03-?9 Tel No ?2?2590 ???0593 rrcwr*:a;n: i' :i jsmuMKMrnv227 words
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Advertisement833 1985-02-05 17 ..4 B ALT-ORIENT LINE TTpK, Baltic SMppinc Co RtfiAar Sonricts from South East tail to f n.. .1,11, ,i. norm uonunenr* rorn Agent: Singapore Soviet Shipping CoPteLtd T«4:*****3 MAERSK LINE PORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA II'! > l'A<"lH< !J VI lA\ IK lAM I WAIiA IN!833 words
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Page 18 Advertisements
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Advertisement315 1985-02-05 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES ,1 USA/CANADA Pacific South Waat Ftadar at Tokyo Pacific North Waat Faadar at Koba Atlantic/Canada Faadar at Koba MS ACE FAMLT ACE Also aocapting LCL Cargo for USA Port* only. KB hi KA2UKANA MMU V39/M NED CIERMT VlO/M SHOMM* MMU *27/51 NED VAN315 words
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Advertisement274 1985-02-05 18 Supercarrier Service FROM: US GULF US ATLANTIC E. CANADA Vcssd BARBER IE US BARBER PERSEUS BARBER WCTOR BARBER IMF BARBER TOM NM! ARRIVAIS HARBf R TOBA 9 2 BARBtR I AMP A 12 2 BARBIR NARA J/3 BARBtR TONSBERG 8 3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA274 words
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Page 19 Advertisements
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Advertisement1011 1985-02-05 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sebeh, Sarawak, Brunei Ports and Bangkok I CONTAINfRSHIP SERVICE 10 UK CONTINENT Stan Htarf 24/2 2t/2 04/3 N/3 13/3 15/3 25/3 27/3 01/4 03/4 09/4 11/4 17/4 15/4 24/4 2t/4 01/5 03/5 01/5 10/5 Bran1,011 words
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Advertisement457 1985-02-05 19 1200 BHP TUGBOAT LOOKING FOR TOW TOWARDS NEW ZEALAND OR AUSTRALIAN AREA TUG PRESENTLY IN MADAGASCAR AND WILLING TO BALLAST TO SINGAPORE OR OTHER AREA FOR EMPLOYMENT PARTICULARS: NAME TITAN ALOA/BR/GRT/NRT 98/25FT/250/130 BUILT HOLLAND 1956 CLS BV M/E 2x600 BHP BOLLARD PULL 18 T WITH CORT NO*ELAVERAGE SPEED ON PULL457 words
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Page 20 Advertisements
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Advertisement662 1985-02-05 20 Mi VII f. Hapag-Lloyd i exports TO CONTINENT/UK FranAturt Eipms KooHooo Ba» Hambuj flpttss Kasufa Maru Tofca Eipress Cardan Hay Osaka Bay Liverpool Bar On carriace to Scamfinavta, Med, Carrib«an IS. America Wand haiiage to inland destinations in Europe Soore P Helant Penant Leiioes BAao Genoa Htx*t Rdam B ha»en662 words
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Advertisement364 1985-02-05 20 ton* r,o* FULLY CONTAINE FISED SERVICE To" EUR Off vi* SUEZ 1 ot ,h Con**-* CHEVAItR PAU. 43* CWVM.O RO2E 42* neptuw crystal m MAETERLMCK SK SEVEN SEAS BROS 49* ALSO LOADING FOR BREMERHAVEN MAETERLINCK 4E SEVEN SEAS BUDGE 4tt KOREAN lACEMN 27E PKeUnt Sp*»« HKonj Kaojh«*n 6 2 i?364 words
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Advertisement529 1985-02-05 20 THONG SOON AGENCIES PTE. LTD. *09-07 ROBIN A HOUSE S PORE 0106 TEL *****88 TELEX RS ***** BOOKING *****56 (DIRECT LINE) PENANG iiim Hiirfr SIN6APORE TO BRUNEI •JENSON IV 6 Feb 9 Feb Muara •EQUATOR V to Port 6 Feb Muara •JENHOt 10 Feb 12 Feb Muara •With Dry Reefer529 words
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Advertisement848 1985-02-05 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED /FE) EVER GUW 10 7 14/2 It 2 U/2 2X 2 23/2 24/2 11/3 23/3 25/3 27/3 7/4 1/4 l«/ 4 11/4 13/4 17/4 5/5 EVER GRACE 24 2 21 2 2,3 3/3 6/3 1/3 J/3 21/3 31/3 3/4848 words
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Advertisement244 1985-02-05 20 mSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Lu*<C Nr B Abb« I. SMOSt MMHTHK PTE LTD Ttl *****44 7 1 *****/0 (AAIOSI MARtTW SON BHO T* *****2 3 MALAYS* TRACK t TRANSPORT UO TH ***** ft ***** OttANW COUMtO TO PAPUA NEW GUINEA/ SOUTH244 words
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Page 21 Advertisements
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Advertisement759 1985-02-05 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0 106 Tel: *****33 KOTA RAKYAT I E-316 COLOMBO/CHITT AGONG/RAN GOON KOTA BERJAYA VOYAGE I W-433 SINGAPORE 12-15/3 KOTA BERKAT VOY: 3/85 KOTA BANTENG VOY: 3/85 13-14/2 10-12/2 CHTTTAGOHG I 24-28/3 NAKORN KASEM VOY:3/S5 SERVICES INDONESIA SERVICES FAR EAST SERVICE759 words
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Advertisement642 1985-02-05 21 BEN LINE CONTAINERS EXPRESS CONTUO SERVICE TO/FROM EUROPE EUROPE STRAITS FROM EUROPE HAM CHIKN IDWMW UK PKELANGSPORE FOR Hamburt f.prett Saded Saded Saded Saded Saded 1/2 10 2 WG TUN Mm Man, Saded Sated Saded Saded Saded 15 2 BU TK NC KB Kasuta Maru Saded Sated SjM Saded Saded642 words
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Advertisement661 1985-02-05 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'porc Service Full Container Vessel. Buufl To*oHimi Robe kiofisiunj Monfkoof S porr If Pruti <ht) GOM* V 14 H6 M4IAFAMT *17 W 19/1 a/i 22 7 2 24/1 7/2 1/2 11/2 1(2 II 2 WEST BOUND Spore Bremen MER4PI V6NB 9 11/2 3661 words
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Advertisement456 1985-02-05 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Lines Loading for Ranjoon Patau VB2 Phashweiyawywa V 250 Myomaywa VB5 Pa-an VSO 12/14 Feb 22/26 Feb 1/3 Mar Penary 9/10 Feb "V BANK LINE i imwi'. i a;iMiN*hirwrii MEADOWBANK IVYBANK SPORE R'DAM HULL HMBG 9 Mar 5 Apr 10456 words
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Page 22 Advertisements
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Advertisement1578 1985-02-05 22 K KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE WK; nuqui afagasta santowo Valparaiso FEEDER *Sl MOTHER VSI SPORE WIG PNG SPORE KOBE GUAYAGUA CALLAO KANSAI PIONEER *43 VSI 24 frt 24 Frt 21 frt 14 M 21 2 May I May 10 CENTRAL AMERICA/CARIBBEAN SEA PTC*,«P. W«CE FEEDER VSI MOTHER VSI WLG1,578 words
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Advertisement707 1985-02-05 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tor 10S ANGfIfS SAN IRANCISCO SfATTII TACOMA iANCOIMR BC Atieplinf FCI fCI Containers P Mang Singapore I Angeles BHAVABHUTI" K Fen 27/71 Feb !t Ma. AUSTRALIA EXPRESS CONTAINER SERVICE FCI FCI Containers P "fiinj S pore KABIRDA.\ 8 H Ift 1U II707 words
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Advertisement609 1985-02-05 22 SANKD ASIA FROM JAPAMCSC PONTS ANO HONGKONG WW" CP Slurp Ca Pit lid TH *****2? Port KrUnf HUMS Sharp S*i BM TH 3**104 3*1349 Pe<unc HUMS tap S4n Bhd TH 3(7*55 3479 M geneiiai SU>«» FOK (i) MM TMO* Mil BE KID ON 5 215 (a) *EGE>T HAttANCt Ml BE609 words
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Advertisement494 1985-02-05 22 INTRASEA (PTE) LTD. 10 Anson Road *27 16 Internationa 1 Pia/a Singapore 0207 Tel 2 2465 1 1 4U> L> nes I o BREAKBULK SERVICE TO EUROPE/UK SKIfE* N BBM9IS S pore P KetanfLoadw| Mr:bi Part 13/2 ROTT/ANT/U.K. (AVON) SEAWOOO SHIPPING CORPORATION S pore P Keiant Lm4m tar: Spore -NORTHERN494 words
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Page 23 Advertisements
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Advertisement524 1985-02-05 23 &NOL i NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C PAUL S pore Closing Times. FCL Cargo 7/2^ FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: SURABAYA JAKARTA SM6APORC.... PENANG P. KELAN6 BRISBANE.. SYDNEY Anro Temasek ADELADE.. 10 FKMANTLE 16 Also accepting cargo to524 words
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Advertisement574 1985-02-05 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON V«s*l No S Donjm WIN No 6 Owum SOIN No 9 Oontm SOIN No 7 Oonim No I Donjm *>0?K INCHON BUSAN 72 I 9 3 11/3 n/j 14 No 7 Don«n SOIN Gfnf.ji Sw.f. on574 words
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Advertisement928 1985-02-05 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDMG 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS 213*0 RS ***** RS 2510S P KELANG M/S SHARKAT NAH SOON SON M IST AND 2ND FLOOR. NO. 1 lALAN CLMPENWG PORT KLANG MALAYSIA928 words
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Advertisement111 1985-02-05 23 DURBAN JOHANNESBURG. BEIRA DIREC CONTAINER SERVICE TO PT LOUIS ETA PT SIN LOUIS DURBAN BEIRA TBNV3W/85 18 385 29 3 85,4_4 85 (Centre Only) also accepting cargo tor Malawi Zimbabwe ETD ETD ETA ISjSSUsUlfittUB R BAY DURBAN SIN BARON STAR 19 185 29 185 14 285 Agents: Kim Shipping Trading111 words
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Page 24 Advertisements
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Advertisement697 1985-02-05 24 Ke«|i»nal Container Lilies 3 Sailings Weekly II Reliable Regular Punctual Berthing PSA Mon. Wed Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA VOY SR» SKLA BKK PKT SKI VOY SR» SKI* BK RAIMA BMJM 311/263 Saded RATANA BHUM 264, 319 9/10 Feb 13/ J4 Feb RATANA BHUM 320 321 16/17 Feb 20/21 Feb697 words
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Advertisement30 1985-02-05 24 f~& FARGO SHIPPING COMPANY (PTE) LTD f EXPRESS CONTAINER SERVICE —y Singapore Bangkok 3 sailings wefm y /BKeppelßoad 17 07 Taniong Pagar Compin Singapore 0208 Tel *****77 *****88 K *****5230 words
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Page 24 Miscellaneous
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Miscellaneous130 1985-02-05 24 a Regional Weather > 4 1 1 ft r 33 c CT* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Err*"" Tt wT«r k >u Wave height Cloudy Sky Svfnee wMi «re Indicated by arrewp which fly with the130 words
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Page 25 Advertisements
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Advertisement70 1985-02-05 25 MM* FAR EAST/EUROPE CONTAINER SERVICE I'll'Vlt/f ".IM wm im ALSO ACCEPTMG FOR: ANTWERP. L. HARVE, UK. MEMEN. COPENHAGEN. OSLO ALSO ACCEPTMG FROM EUROPE: ATM, HAM. GOT. UK. ANTWERP, OSLO. CPH. AARHUS ALSO ACCEPTMG MTERMEDMTE CARGO TO MG, JP* t KOREA DMECT P. SUMS STRAITS/TAIWAN/JAPAN CONTAINER SERVICE beheei S E A./AUSTRALIA70 words
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Advertisement251 1985-02-05 25 Scan Dutch To Europe (Med/ UK/NC/Scan) PENANG B Butane Sid B Butane 6/2 B Butane 13/2 B Butane 20/2 B Butane 27/2 B Butane 6/3 FEEDER P. KELANG B Butane Sid B Butane 9/2 B Butane 16/2 B Butane 24/2 B Butane 3/3 B Butane 9/3 SINGAPORE ACCEPTING' SWUNG B251 words
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Page 26 Advertisements
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Advertisement77 1985-02-05 26 e HANGLI SWPMNG I TRADING PTE LTD 63. MARKET STREET. TAT LEE BANK BUR DING #10-06/07 TEL: ***** M (3 LICS) TELEX: R*****9 LMdaifi tar Mab/CMii Murta/Ckabn Uurta/CMn (BOOKING AGENT CHAHAYA SHPPHG TRAMNG COMPANY) 101. CECI ST #11-11. TONG ENG BULWNG TEL: *****74/5 COLUMBUS LINE REEDEREI GMBH EXPRESS SE Ml77 words
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Advertisement338 1985-02-05 26 m hn to port, ptapk* IQ,I MitsuiOSK Lines Lid CONVENTIONAL/SEMI-CONTAINER CONTINENTAL PARTNER NEDLLOYD MOJI APOLLO PEAK 6 Feb Mombasa. Daressalaam. Beira, Nacala, Tamatave 22 Feb Mombasa. Daressalaam 25 Feb Port Louis. Reunion AFRICA'S^ HIMALAYA MARU 12 Feb Monrovia, Abidjan. Tema. Apapa. Douala NEDLLOYD MANILA 4 Mar Apapa, Monrovia. Abidjan. Lome,338 words
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