The Business Times, 6 February 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, FEBRUARY 6, 1585 60 CENTS
    12 words
  • 493 1  -  More labour-intensive companies eyeing large Chinese manufacturing base By FOO CHOY PENG SINGAPORE INVESTORS have so far pumped nearly 1900 million into China and the amount is growing. Mr Rong Feng Xiang, China's commercial representative, has, for the first time, put a figure on
    493 words
  • 346 1 THE GOVERNMENT is inviting discussion on a proposal to form a formal consultative system, and has asked grassroots leaders for their views. First Deputy Prime Minister Goh Chok Tong will meet the grassroots leaders on Friday at the Singapore Conference Hall to find out
    346 words
  • 444 1  -  By QUEK SWEE PENG THE DISPOSAL of part of the collapsed Carrian group's properties in Singapore has come full circle with the Bank of China selling the remaining six units of Carrian's offices in International Plaza back to the owner of the
    444 words
  • 168 1 Bernama THE MALAYSIAN government is reviewing the whole range and method of granting investment incentives. Deputy Finance Minister Datuk Dr Tan Tiong Hong told the opening of the Fourth National Taxation Seminar in Malaysia yesterday that this was in order to maintain and
    Bernama  -  168 words
  • Article, Illustration
    93 1 HOPES for so end to profittaking were dashed yesterday when sellers emerged in force after the morning tea-break, causing the market to ease slightly In heavy trading. The spotlight was on counters that were neglected daring the excitement of last week's rally, when blue chip issues stele the
    93 words
  • 461 1  -  By LOH HUI YIN MONEY-MAKING GAMES are coming to a stop and the war among petrol stations will soon be (ought again with soap, tissues, glasses and other traditional gifts. Oil companies have indicated that they have no immediate plans
    461 words
  • 377 1  -  By DAVID GABRIEL AN UNOFFICIAL support operation has been mounted at the Singapore International Monetary Exchange (Simex) to assist two locals who have lost their working capital in trading financial futures. The two young men, in their late twenties, are among
    377 words
  • 197 1 ACTIVE foreign exchange trading in Singapore and other Asian markets continued to emphasise a strong US dollar, a trend set in motion last Thursday in New York after President Reagan's budget announcement. Reports indicate that the sharply higher dollar was based on the belief
    197 words
  • Page 1 Advertisements
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      111 words
    • 277 1 wm RAW MATERIALS 14 DOONESBURY 6 CROSSWORDS 11 PEOPLE IN CHINA with heart trouble could soon be using heart pacers made in Singapore. CiS Singapore is negotiating a $2 million contract to moke the electronic circuits here before exporting them to China. Page 2 THE BREAK-UP of India's biggest spy
      277 words
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      146 words
    • 36 1 Singapores First Local Bank with an international banking network to service you better. FOUR SEAS COMMUNICATIONS BANK HO Myt)» o* the DCBC Group Head Office 19-?5 Cec r Street S Giving futures mora time, Page 10
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  • HOME NEWS
    • 507 2  -  By JOANNE YAP PEOPLE IN CHINA with heart trouble could soon be using heart pacers made in Singapore by an American company. CTS Singapore is negotiating a $2 million contract to make the electronic circuits, assemble and test the heart pacers. The
      507 words
    • 389 2 MORE THAN $1 million in security devices now being set up at the Holiday Inn Park View at Cuppage Road should pacify the most paranoid guests. The 320-room hotel, just a short distance from the Istana, will have a $750,000 computerised keying system and a
      389 words
    • 450 2 THE Housing Development Board recently awarded $26 million worth of contracts, of which the single largest contract, valued at $15 million, was for 610 units of flats. Tong Tien See Construction beat 23 other contractors to clinch the contract
      450 words
    • 303 2 THIS NEW powerful "bird" hovering over the Pacific Ocean will give Telecoms greater capacity to cope with the growing demand for maritime satellite phone calls and telexes. The "sea bird", actually the satellite Marecs 82, has been put into service over the
      303 words
    • 389 3 SINGAPORE will soon have its first food-processing research and development laboratory, with the help of a Swedish engineering company. Alfa-Laval South East Asia, the Singapore subsidiary of Alfa-Laval AB, a leading Swedish engineering group, has invested $2 million to build the laboratory. It
      389 words
    • 278 3 JAPANESE worker needs 1 three years to become productive while his Singapore counl terpart starts contributing in a time. This was the observation of j a delegation of potential investors from Kyoto after two days of visits and discussions in Singapore. The mission,
      278 words
    • 269 3 BREAKFAST with an orangutan and dinner on a doubledecker bus that's a Singapore-style trip organised by a hotel for some travel writers. On Feb 12, six American journalists will be whisked off early in the morning to have breakfast with Ah Meng,
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    • 554 3  -  Organiser gets positive response from exhibitors By SHAHRIR ARIFF EXHIBITORS at InstrumentAsiaBs expect to generate sales worth between US$4.3 million and US$B.6 million following the show. About 33 per cent of the 262 which took part have told the organiser that they expect
      554 words
    • 210 3 FRENCH INVESTMENTS in Singapore and trade between the two countries can be expected to increase in the near future. A delegation from the French Senate Committee of Foreign Affairs, Defence and Armed Forces, has concluded that "much more could be done" in the field
      210 words
    • 85 3 THE Currency Board has stopped the sales of the Year of the Ox $10 nickel coin and coin set at the Bedok and Kuo Chuan community centres. But sale of the coin and coin set at Victoria Theatre and the Ang Mo
      85 words
    • 212 3 SPERRY Computer System and DEW Management Advancement Consultants will be organising a seminar on financial management next month. The three-day session will give participants an in-depth understanding of how financial statements are constructed and to analyse the statements more perceptively. Speakers for the seminar include Mr Ho Soo
      212 words
    • 124 3 PROFESSOR Cham Tao Soon, president of the Nanyang Technological Institute, has been elected the first Asean member of the Swedish Royal Academy of Engineering Sciences. The diploma of membership was presented by the academy's chairman, Dr Gunnar Hambreaus, at a reception
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    • 88 3 THE POWER failure that hit part of the southern area on Monday evening has been traced to a short circuit in a protective relay in the switchgear at Outram Substation, according to the PUB. The protective relay is a device which automatically dis- connects the transformer
      88 words
    • 104 3 A 14-MEMBER delegation from Thailand's Ministry of the Interior will arrive on Friday for a four-day visit. Led by district officer Preecha Sudhisongkram, the team will visit the Singapore Fire Service Directorate in Hill Street and the Central Urban District at Clementi Road.
      104 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 104 3 Join these distinguished names KECK SENG TOWER MALAYAN UNITED BANK BERHAD (SINGAPORE BRANCH) #81-02 MALAYAN UNITED BANK BERHAD (SINGAPORE BRANCH) #01-01 THAI AIRWAYS INTERNATIONAL UD (TICKET OFFICE) #01-02 MALAYAN UNITED BANK BERHAD (SINGAPORE BRANCH) #02-01 RAMBLE-INN #06-01 BUSINESSWEEK, MCGRAW-HILL INC. #06-01 A THAI AIRWAYS INTERNATIONAL LTD (ADMINISTRATION/SALES/ ACCOUNTS) #08-01/02 CONSTRUCTION
      104 words
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      171 words

  • OVERSEAS
    • 486 4  -  By BRIAN GOMEZ IN SPITE OF declining oil revenues, Indonesia last year engineered a dramatic turnaround which international bankers described as "impressive" and "remarkable". In an article titled "Jakarta bounces back", the US magazine Institutional Investor said "superb economic management and a skilful reading of the
      486 words
    • 148 4 NYT THE State Department has formed a joint venture with American corporations to deal with anti-American terrorism abroad. In a speech to the American Society for Industrial Security, Secretary of State George Shultz said on Monday the purpose of the new body, the
      NYT  -  148 words
    • 368 4 UPI KHMER ROUGE forces abandoned a key base near the Thai border yesterday during a 24hour Vietnamese rocket and artillery attack on their hilltop stronghold. The withdrawal at Phnom Chakrai, 75km south of Aranyaprathet, gave Hanoi control of a flat,
      UPI  -  368 words
    • 224 4 AP THE AMERICAN Defence Department has acknowledged it had been paying about US$6OO for a plastic and fiberglass cover for toilets on its P-3 submarine-hunting airplanes. The Pentagon was not certain how much it should be paying but it obviously felt
      AP  -  224 words
    • 811 4 ARRIVALS Operator Scrvicc Local From number time SIA SQII OHO LAX/TYO PAA PA5 0155 JFK/SFO/HKG SIA SQ4I 0605 MAA CAL aoio 0805 JED/DHA MAS MH68I 0820 KUL KAL KE624 0850 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH8II 0940 PEN RBA 9421 1000 BWN
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    • 340 5 UPI AUSTRALIA'S defence alliance with the US appeared threatened yesterday with Prime Minister Bob Hawke's announcement that a joint naval exercise had been cancelled because of New Zealand's antinuclear ship policy. Exercise "Sea Eagle" scheduled for later this month off the Australian east coast,
      UPI  -  340 words
    • 197 5 NYT THE US has said that the Prime Minister of New Zealand has "definitively turned down" an American request for a port 4 visit by a navy destroyer because Washington would not say if it carried nuclear arms. American officials in
      NYT  -  197 words
    • 259 5 AP IN PREPARATION for the turnover of Hongkong to China in 1997, the territory's government has promoted more Chinese to key administrative posts and it is re-evaluating its practice of hiring expatriates. Under a Sino-British agreement signed in December, this
      AP  -  259 words
    • 409 5 Seven categories of products included FT THE PENTAGON may review some high-technology exports to the closest allies of the US as well as sales to several noncommunist countries on a special list approved recently by the White House. A confidential memorandum, authorised by
      FT  -  409 words
    • 287 5 AP TAIWAN Justice Ministry investigators have filed preliminary murder charges against two reputed gangsters in the slaying in California of a Chinese-American author whose writings had been critical of the Taiwanese government. In a brief press statement, the Government Information Office (GIO) said
      AP  -  287 words
    • 104 5 AP THE CHIEF of China's beleaguered state airline said it will buy more Boeing jumbo jets and other modern planes, and he hinted that for the first time, foreigners will be hired to improve the quality and safety of Chinese air services. The statement by
      AP  -  104 words
    • ECO-NOTES
      • 39 5 WEST GERMAN unemployment in January hit a postwar high of 2.6 million people, or 10.6 per cent of the labour force, compared with the previous record of 2.5 million, or 10.2 per cent, in January last year.
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      • 37 5 NORTH SEA oil prices yesterday rose on the European spot market. Brent crude for loading next month traded at U5527.42 a barrel against $27.10 on Friday, based mainly on expectations of strengthening US prices.
        37 words
      • 31 5 THE ISRAELI government yesterday doubled a US$lOO levy on citizens travelling abroad and imposed new taxes in an effort to halt a serious decline in foreign currency reserves.
        31 words
      • 69 5 JAPANESE Finance Minister Noboru Takeshi ta yesterday blamed speculative hope for higher US interest rates for the Japanese yen's continued decline against the American currency. He made the remark after the Bank of Japan intervened in the money market in Tokyo as "an overwhelming spree of
        69 words
      • 38 5 THE JAPANESE government yesterday said it would loan Pakistan the equivalent of U*****.1 million to help finance Pakistan's economic development. The assistance is part of Japan's official development assistance programme for fiscal 1984 ending March 31.
        38 words
      • 32 5 Agencies THAILAND'S trade deficit increased 2 per cent in November from a year earlier, registering 5.1 billion baht (U*****.5 million) compared with 5.0 billion baht ($186.9 million) in November 1983.
        Agencies  -  32 words
    • 714 6 Pall over premier's scheduled meetings with French, Polish leaders FT THE BREAK-UP of India's biggest spy ring has cast shadows over Prime Minister Rajiv Gandhi's plans to meet the leaders of France and Poland, two of the countries linked to the scandal. The fallout
      FT  -  714 words
    • 316 6 A BID to cut the US import duty on light lorries from Japan 'has failed, at a cost to Japanese companies of at least US$5OO million, lawyers in the case said in Washington on Monday. "The duty of 25 per cent
      316 words
    • 150 6 AP BRITISH Chancellor of the Exchequer Nigel Lawson said that Britain's economy was fundamentally strong and there were no plans to change the government's economic policies. In a speech to the Overseas Bankers Club in London, the Treasury chief pointed to the country's almost 11-month-old coal
      AP  -  150 words
    • 333 6 FT AN UNDERGROUND publication by the banned Polish trade union Solidarity has warned that the movement will oppose any International Monetary Fund programmes for Poland which could lead to a clear drop in the country's standard of living. The warning, in the Warsawbased Tygodnik Mazowsze,
      FT  -  333 words
    • 466 6 AP EXILED South Korean opposition leader Kim Dae-jung yesterday recalled a meeting with Philippine exile Benigno Aquino in 1983 to discuss restoration of democracy in their countries. Mr Kim said Aquino was optimistic. But four months later, Aquino was shot dead
      AP  -  466 words
  • Page 4 Advertisements


  • Page 6 Advertisements
    • 305 6 Zl „J 1 5 U V 5 A f x> <sr, MM* ,T^. c N. X 7 ,■>■ s»k XN it w% is pp» a i s > V S--5-x X he. R •> "t|TV~ 9®. n A V* f t XV V N\ o A A X »-7 _J
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  • Page 6 Miscellaneous
    • 45 6 Doonesbury m m £3p9Bi MX* M a Fao mses, rum SAOSe. POeSNT 60N6VBELjOOKUKBAN/- g/w; 0NJ.V.,1 ONSKJAS HIT. GOTIACfiLL m BY GARRY TRUDEAU AWONB KNOUIHOUI MAYBB MANYSHO& 40. 50, WeRBHRBP? I TOPS. m k m Wi> m ■5538 xx ~v" rs rnr f£ I Ife i
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  • WORLD BACKGROUND
    • 1324 7  -  The US President sells a controversial package to Congress By BERNARD WEINRAUB NYT PRESIDENT REAGAN formally sent his proposal for major cuts in domestic spending programmes to Congress on Monday, telling legislators that enactment of the new budget would "change the course
      NYT  -  1,324 words
    • 608 7 NYT THE FRENCH Communist Party, about to hold its 25th Congress this week, has fallen into unprecedented decay and disarray. This is important, not only for the future of French politics but for Western Europe as a whole. And it is revealing of Soviet
      NYT  -  608 words
  • Page 7 Advertisements
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  • MONEY AND BANKING
    • 351 8 UPI THE US has told Chile that It will abstain from a development bank vote on a US$l3O million loan to Chile to protest against President Augusto Pinoehet's extension of a state of siege. Chile's representative to the Inter-American
      UPI  -  351 words
    • 238 8 Reuter THE US TREASURY said the average effective yields were 8.16 per cent on three-month hills and 8.30 per cent on sixmonth bills at its regular weekly auction. The average return on the three-month issue was up from 7.76 per cent at last week's
      Reuter  -  238 words
    • 75 8 CUSTOMERS of the United Overseas Bank group can now exchange their gold bars for any of the bank's gold bars and/or wafers for a nominal fee. This exchange, available from the bank's gold department in UOB Building, can be on a one-to-one denomination basis or
      75 words
    • 118 8 Reuter AN IMF technical mission has arrived in Buenos Aires to begin a week-long study of Argentina's compliance with its letter of intent on an economic austerity programme. An Economy Ministry spokesman said the mission did not have any meeting scheduled with Economy Minister Bernardo
      Reuter  -  118 words
    • 137 8 NOMURA SECURITIES of Japan reported record group profits for fiscal year 1964 for Japan and its overseas subsidiaries. Consolidated revenues improved 19 per cent to 437 billion yen compared with the previous year. Pre-tax income was up 9 per cent to 164
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    • 938 8 SINGAPORE The US dollar closed higher against most major currencies yesterday in active late trading. It closed firmer at 3.2180/90 marks compared with New York's 3.2150/65 close, but was below its high of 3.2230. The greenback closed higher at 259.96/260.05 yen against New York's 259.60/70 close, but below
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    • 319 8 BA Futures Inc EURODOLLAR futures recovered yesterday after the sharp f»n« in the last few days. Trading was, however, cautious because of the high US federal funds rate. The March contract opened three ticks better than CME's close at 90.88 and traded within a narrow range before closing at
      BA Futures Inc  -  319 words
    • 208 8 HONGKONG A surge in the US dollar depressed gold and attracted investors' attention to foreign exchanges from the bullion market. The metal finished lower at U*****.60/302.10 an ounce after a quiet and featureless day. The price compared with New York's $302.00/50 close. On the local market, gold closed HK$6
      208 words
    • 218 8 Interbank rates at 3pm yesterday. Cwrtndn Nominal rslM ImilKmiiwi 9volid fttltfdcjf 6fOM putty chinfi Local dollors to on* unit of foreign currency: US dolor ***** 2.2410 2.8196 -20 56 Sterling pound 2 4931 2.4964 7 3469 -6607 Australian dolor 1.7577 1.7596 3 4286 -48 73 NZ dollar 1.0355
      218 words
    • 118 8 THE OVERNIGHT rate on the Singapore interbank money market fell by 7/8point from Monday to close at 5-1/8 per cent yesterday. The one-month term rate remained unchanged while the two and three-month term rates rose by 1/16point each. S$ interbank rates at 3pm yesterday Offer Bid Ovir/»ght 51/8
      118 words
    • Article, Illustration
      324 8 Asian market ASIAN dollar deposits closed steady at easier opening levels in quiet afternoon trading yesterday. Short-dates weakened between 3/16 to 5/16 point at the start due to a lower US federal funds rate and stayed at these levels with overnight closing at 8-11/16 8-9/16 and week fixed at 8-3/4
      324 words
  • Page 8 Advertisements
    • 354 8 r i 5 You won't win tomorrow's business battles with yesterday's technology. Business is a battle. And the winners today battles with Data General's new generation are using tomorrow's technology. computer systems. That's why companies in the winning When you're honest in admitting mode demand technology supplied by that business
      354 words
    • 48 8 KG.ONG THOMSON Get family and friends together for the pleasure of dining at Kelong Thomson Restaurant. Treat them to these top value specials we've lined up if. for you. On until 18 Feb 85 only. fungus $350 nQur dß&> *"**'> p 'aJ^ Urnb y/U- Weo s *^/fe r i4fe'
      48 words

  • BANKING AND FINANCE
    • 476 9 Reuter THE BANK OF ENGLAND must take an active part in developing the supervision of banks as the extensive structural changes facing the London financial community become effective, bank governor Robin Leigb-Pemberton said. While the bank is aware of
      Reuter  -  476 words
    • 105 9 Reuter WEST GERMANY should start to think about setting up offshore banking facilities similar to those in the United States. Commerzbank AG management board chairman Walter Seipp said in remarks prepared for a speech in Frankfurt that Germany could in this way win
      Reuter  -  105 words
    • 231 9 FT ECUADOR would need no more forced loans from its commercial bank creditors following this year's agreement to reschedule US$4.3 billion in debt falling due between this year and 1989. Finance Minister Francisco Swett said in London on Monday that future loans would
      FT  -  231 words
    • 112 9 Reuter JAPANESE trust banks have asked the Finance Ministry for permission to begin investing funds in their loan trust portfolios in foreign bonds. Loan trusts are funds collected by banks from individual investors to invest in corporate loans of the banks'
      Reuter  -  112 words
    • 170 9 Reuter THE DETERMINATION of the US authorities to reduce their budget deficits would in due course help ease upward pressure on US interest rates and on the dollar. The Chancellor of the Exchequer, Nigel Lawson, told the Overseas Bankers Club on Monday that
      Reuter  -  170 words
    • 588 9 Reuter US POLICY on currency intervention appears to have barely changed since the group of five finance ministers held talks on the issue in Washington just two weeks ago. Foreign exchange dealers say that the US authorities have intervened in just token amounts since
      Reuter  -  588 words
    • 167 9 Reuter SUPERVISION of Australian banks is likely to become more formal, says the Reserve Bank of Australia. In a paper on capital adequacy, the first of a series on aspects of banking supervision, the bank cited three reasons for the expected change. The first is rapid diversification
      Reuter  -  167 words
  • Page 9 Advertisements
    • 85 9 Newsweek I i &•> The only truly international newsmagazine Singapore. A Case of Growing Pains. For more than a decade, Prime Minister Lee Kuan MwtmJ Yew's Singapore has been a glittering economic show- Jg^g 985 case. However, the price Hf has been regimentation IkpH- r J that runs literally from
      85 words
    • 213 9 Fly Pan Am Clipper Class For The Price Of An Economy Ticket Extra Comfort. Extra Convenience. Daily To San Francisco And Newark. Now, for the price of a full economy fare ticket, the business traveller can experience extra comfort with extra wide seats and more legroom. And since our 747SPs
      213 words

  • FEATURES
    • 491 10 THE CHOICE between "contracting out" and "opting in" is not a business decision. So any decision cannot be made on purely pragmatic grounds. In medical jargon, "contracting out" means that people who die are assumed to have consented to donate their organs, unless
      491 words
    • 1657 10  -  No easy pickings but Simex can succeed once the pioneers gain experience By DAVID GABRIEL IT WOULD have been surprising if Simex, the Singapore International Monetary Exchange, had passed its first six months of trading without suffering casualties. This is a short time in which to
      1,657 words
  • Page 10 Advertisements
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  • Page 10 Miscellaneous
    • 1072 10 w gmsmd CHANNEL 5 2.30 PM SBC Text "Live" Sample Pates 3.00 Opening and Proframme Ifigtights followed by This Land is Mne (English subtitles/r) 4.30 The Richard Simmons Show 4.50 The Animal Express 5.20 Romper Room (English) 5.45 The Littlest Hobo A Special Friend 6.10 Programme IfighKghts 6.15 News (English)
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  • SPORTS
    • 607 11  -  By WALTON MORAIS SINGAPORE'S bike ace Fabian Looi aims to turn the frustration of his Malaysian GP foray last week to his advantage at the Penang GP this weekend. Fabian, who finished fifth in the Grand Prix for motorcycles at
      607 words
    • 222 11 Reuter FIT-AGAIN Ayrton Senna is scheduled to test the new Lotus 97T in his native Brazil this weekend. Senna, 24, snapped up by Lotus after a tremendous first Grand Prix season with Toleman in 1984, has spent the last two months
      Reuter  -  222 words
    • 638 11  -  Allan proves that patience and planning can work wonders By BRIAN MILLER TRAINER Ivan Allan once said that patience and planning is what racing and success is all about. And on Sunday, he pushed home the message yet again when his five-year-old charge, Feu
      638 words
  • Page 11 Advertisements
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      205 words
  • Page 11 Miscellaneous
    • 641 11 CRYPTIC PUZZLE ACROSS 1 It's often detached from the golf course (s)' 6 Quoted from an edict (5) 9 See what's said (3, 4) 10 Ev#n when collared, there's something boisy about them (5) 11 Snooker mad? (5) 12 It's won't improve the piano to be covered in dirt! (5)
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  • INTERNATIONAL STOCKS
    • 264 12 Reuter LLOYD'S OF LONDON says that Lloyd's Life Assurance (LLA), formed to enable Lloyd's members to participate in long-term life assurance, is being offered for sale to a single buyer. The group was formed in 1971 and has an issued capital of four
      Reuter  -  264 words
    • 105 12 Reuter AB VOLVO has acquired 26.6 per cent of the voting rights in Pharmacia AB. Volvo said that it bought the shares from a small holding company and two private foundations. The stock represents 6.4 per cent of the share capital. Volvo did not give
      Reuter  -  105 words
    • 85 12 Reuter GENERAL MOTORS CORP plans worldwide capital «Pending of US$9 billion this year, compared with $6.05 billion last year. The 1965 figure includes expenditures by its Electronic Data Systems Corp subsidiary. GM previously said that it would boost capital spending by more than a third from
      Reuter  -  85 words
    • 304 12 Reuter WALL STREET stock prices closed higher on Monday in moderate trading, propelled by what analysts said was the market's own momentum from the strong rally of the past few weeks. The Dow Jones Industrial Average rose by 12.36 points to close at
      Reuter  -  304 words
    • 194 12 Fit 04 Abrtlb. c» 34** Imp Oil Inco Int Prov Pipe L\« 1 Hi 45* 18* 34*4 24 *4 unch unch 4- Akon 40 unch WT» U(J KkrW*4 Algomo 23 m IHK.R cl K#fT Add 17* Bonk Mont 27*4 Lobksw B 20 Bonk Novo Scotia Bel Tel 14* 37
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    • 185 12 FEB OA Un SimI 107 2 INDUSTRIALS UnMC 450 ***** inch 25 Ab«fCom 155 -5 minings AE ArxJ O 720 2350 25 310 5 777S 25 995 5 1600 unch C G Smith 1900 25 Butt eh 6700 50 CNA 200 450 320 10 ***** 1075 25 ***** 910
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    • 476 12 Ffl 04 USJ 32* +1 Morgan (JP) 45 1* 37* 1 ACT Industries Aicon Alumm 30* II* Alcoo 38 19 Natl Out Chem 25* inch Afced Chem Cp 38* unch 1* FMC Cp 65* unch Not! Gypsum Co NCR Corp 41* 29* Alts-Chalmers 8* Freeport Mmrl 20* Newmont
      476 words
    • 947 12 Amsterdam FC8 04 Fb ABN 387 00 9 155 50 -3 5 Ahold ***** -2 Akio AMfV Amtos 103 20 -0 4 218 00 -3 2 73 00 -2.2 fUrb 49 50 1 4 Boh Borwmi, 104 10 -2 9 331 00 -5 Burtat Cotond 87 00 -0
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  • Page 12 Advertisements
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      518 words
    • 138 12 London stocks, Pago 17 Feng Cheng L6u Teochew Restaurant for the best Teochew delicacies and dian- xin in town, (l Discover mouth-watering delights 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 apd
      138 words

  • ASIAN STOCKS
    • 364 13 HONGKONG: Share prices closed .slightly lower yesterday with linvestors concerned by the stronger US dollar and about a possible US interest rate rise. The Hang Seng Index finished Jdown 10.75 points at 1,352.47 after •a marginal loss of 0.85 at the morning session close. Turnover slipped to HKJ217.71 million
      364 words
    • 230 13 FEB 05 MT Cham Irxkjs Lien Hwo trvfcj* Nan Y a Plos 1750 11 70 29 20 2380 -03 -0 05 -07 -0.2 A«a Camant Cathay Cam Chang Hwo Bank Chen Loono Chto Hun Cement China Cham O*no Dev CHno Elect W>| 23 40 27 30 51 50 17.80
      230 words
    • 298 13 TOKYO: Share prices closed lower yesterday, with profit-tak-ing and the yen's weakness against the dollar depressing prices after a small early advance. The market average, which gained 1.52 on Monday, lost 67.65 to close at 11,823.43 on volume of 410 million shares against 320 million on Monday. The Tokyo
      298 words
    • 99 13 MANILA: Share prices closed largely unchanged in dull trading yesterday. The Oils Index firmed 0.004 to 0.618 while the Mining Index remained at 734.03 and the Commercial and Industrial Index was unchanged at 103.85. FEB 05 PlM ***** unch Onantal B Phi Ov«n«oi PW*« B 001 ***** 0.11 0001
      99 words
    • 373 13 PYDNEY: Share markets recovered Monday's losses to close firmer across the boards yesterday with quality high technology issues taking the spotlight. Near the close, the All Ordi- naries Index was 5.4 points firmer at 772.2 points. National turnover was 35.57 million shares compared with 28.31 million on Monday. BHP
      373 words
    • 130 13 BANGKOK: Stock prices closed lowo* in quiet trading yesterday. The Book Club Index fell 0.47 point to 124.98. Turnover rose to 145,296 shares from Monday's 60,000. Rl OS Uhn Sam CimTit Sam City Camant 511 568 unch -8 Ayulhoya hw And Tru»t m unch Thai Commaraal Bar* sio -4
      130 words
    • 75 13 F»b 5 Bank Saoui Won 619 606 -1 3 Hyundai Comt Hyundai Motor KAL 914 585 530 675 +2 10 1 -6 680 +2 1919 19 Doatm Ind 500 500 10 Korea Shp 390 710 20 •6 605 10 781 unch Dong Ah 560 703 -10 Samsung Eloc 810
      75 words
    • 72 13 Reuter GRAND MARINE HOLDINGS, a shipping unit of the collapsed Carrian group, has a total deficiency of about HK$436 million before the contingent liabilities linked to its various subsidiaries. The liquidator to the company, Mr Dermot Agnew, says that Grand Marine is expected to realise
      Reuter  -  72 words
    • 273 13 Bernama BMW JAPAN CORP aims to sell more than 10,000 cars in Japan this year, a year earlier than was planned some years ago. The West German carmaker's wholly-owned subsidiary in Japan is gearing up for increased sales, heartened by an upsurge in
      Bernama  -  273 words
    • 56 13 NEC CORP has signed a five year agreement with China under which it will supply personal computer (PC) components and production technology to the Chinese government. NEC and the Chinese government will jointly develop a PC for Chinese language and China will set up
      56 words
    • 58 13 NORTHERN IRELAND plane maker Short Brothers has won a £35 million contract to supply eight aircraft to China's national airline CAAC. The order for the 36-seat Shorts 360 tubro-prop planes is the first by China for an all-British plane in more than a decade.
      58 words
    • 58 13 Agencies VOLKSWAGENWERK AG has agreed with its Chinese partners to bring forward plans to produce Santana saloon cars under a joint venture deal struck last October. A VW spokesman says that the new plans will allow annual production of 30,000 Santa nas in 1987 instead of the 20,000
      Agencies  -  58 words
    • 188 13 Reuter HYUNDAI AUTO Canada Inc has completed plans to build a Cs2s million car parts manufacturing plant in Ontario, starting this year. President S H Park says that the plant, to be built at a still undetermined site north of Toronto, will
      Reuter  -  188 words
    • 91 13 AFP THE US computer company Wang Laboratories Inc has moved its Asia head office from Hawaii to Hongkong. Wang president John Cunningham said at an opening ceremony that Wang's latest multimillion dollar investment confirmed the company's confidence in the future of Hongkong. Hongkong's sovereignty returns
      AFP  -  91 words
  • Page 13 Advertisements
    • 510 13 4-'. witii mr /■A'MMIIWHi 3^ m Sb® Wa V////P//A K <*so For a Rsranakan Buffet Lunch so good,even Nonyas feel at home. For over,a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour.' You too can enjoy the pleasure daily, for only Ssl4.oo++ per person The Luna
      510 words
    • 52 13 ®£fais? restaurant *5 ■x V K> Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridian 3rd Storey (near hotel lobby) 100 Orchard Road #03-100 Singapore 0923 Tel: *****22 l Hotel parking tee redeemable MUM HI 214 Duneam Road Singapore 1129 Tel:
      52 words

  • RAW MATERIALS
    • 318 14 AFP HUNGARY has expressed interest in buying Malaysian cocoa beans for its chocolate industry especially through barter trade. The move was in line with the country's intention in finding more sources for the commodity, visiting Hungarian Deputy Foreign Minister Tibor Melega was quoted
      AFP  -  318 words
    • 235 14 AP COPPER is expected by many analysts to become the star performer among commodity markets this year. Reports issued over the weekend all forecast much higher prices for the metal than last year. According to Rudolf Wolff's annual commodity outlook report: "The coming year promises
      AP  -  235 words
    • 208 14 ALL ASPECTS of the rubber industry, natural and synthetic, will be thoroughly discussed at a five-day International Conference on Rubber in Kuala Lumpur from Oct 21. Organised by the Rubber Research Institute of Malaysia, IRC '85 will concentrate on recent achievements and future research possibilities. A
      208 words
    • 152 14 Reuter PAKISTAN has completed wheat sowing and expects a bumper crop of more than 13 million tonnes after a shortfall last year caused by drought, Agriculture Ministry officials said. Recent rains and increased use of fertiliser have improved prospects for the 1984-85 crop (year-end May)
      Reuter  -  152 words
    • 202 14 SINGAPORE The market closed easier yesterday with February One RSS buyers quoted at 164.00 cents per kg, down 1.50 cents from Monday. The morning market lost 1.50 cents on freer offerings of nearby and absence of buying interest. Prices were little changed from lunch-time levels in quiet afternoon trading.
      202 words
    • 332 14 RAS prices (in S cents/kilo, FOB in bales) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 163 75 164 75 163 25 164 25N Int 1 RSS Feb 85 164 25 164 75 164 00 165 00 Int 1 RSS Mar 85 170 50 171
      332 words
    • 103 14 (cents/kg, 1-ton pollen) February 85 March 85 (current mth) (forward mth) NOON NOON RAS Buyers Sellers Buyers Sellers SSR20 SSR 50 163 00 165 00N 165 00 167.00N 161 00 163 00N 163 00 165.00N MRELB Buyers Sellers Buyers Sellers SMRCV SMR L SMR 5 191.50 193
      103 words
    • 142 14 MALAYSIAN crude palm oil prices closed lower yesterday on late selling in quiet trading as Pakistan's RED palm oil tender was offset by weaker Chicago soybean futures. Interest again centred on the February position, with south and central regions falling MHO to $1,175 per tonne and north down
      142 words
    • 154 14 SOYBEAN futures on the Chicago Board of Trade closed on or near the lows on Monday, off 12V« to 7V« US cents per bushel. March settled at 594 cents after posting a 10'/2-cent range on the day. Reports of rains in the formerly dry soybean growing regions of Brazil
      154 words
    • 145 14 WHEAT futures on the Chicago Board of Trade rallied to close at 3V« to three US cents per bushel higher on Monday. March settled at 358'« cents after posting a s'/«cent range on the day. Steady commission house and professional buying overcame scale-up exporter selling, touching off speculative buy
      145 words
    • 87 14 THE Kfcnla Lam par Tin Market price held at the literati— «l Tie Agreement fleer-level ef MS».IS per kg en cm tinned leek ef Interest yesterday. The buffer stock manager again prsvided strong snppsrt, taking bnlk sf the effer sf 281 tennes, dswn sharply frsm I,tSI tonnes en
      87 words
    • 153 14 Yarn (In HK$ per bole of 400 *>) China carded yarn, con«$ Blue Phoenix 16's 2,900 Blue Phoenix 2C* 3,000 Blue Phoenix 32'» 3,600 Blue Phoenix 40*» 3,850 Carded yorn, hank Blue Phoenix 21's 3,300 Combed yorn, cones Biue Phoenix 32'» 4,600 Blue Phoenix 40'» 4,800 Open-end yarn Blue
      153 words
    • 970 14 COFFEE Robusta futures moved higher in lacklustre afternoon conditions on Monday, reflecting strong gains in New York and a decline in sterling, to close at or near session highs. Contracts finished £33 to £8 up with May at £2,415, the day's high and £32 above last Friday's close.
      970 words
    • 150 14 Chinese Produce Robust a 20/25% FOB NSW 477.50 Exchange (Salter*' noon doting p 5.S$/100k«) ncn on Fik Nutmeg 438'00 110 FOB NSW B w FOB NSW ***** Coconut oil 160 00 Gambier Bufc Foe FOB NSW 330 00 Otd drum FOB 173 00 New drum FOB 177 00
      150 words
    • 278 14 Singapore A-l special C I special C-l Ordinary 177 unq unq (SVUo. •x-godown) Thai white Loonzom 100% 100% 1 st doss first grode (kongaroo) 100% second grode 225 UTKj new crop 0.96 100% third grode 100% 2nd doss 100% 3rd doss 0.70 0.65 Parboiled 227 222 25% new crop
      278 words
  • Page 14 Advertisements
    • 515 14 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement:I AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1984 1984 1983 or Company Group Company Group Company Group s$ s$ s$ s$ 1 Gross Revenue
      515 words

  • SHARE INFORMATION
    • 4279 15 ROTATION of interest was evident at the Singapore stock market yesterday, though share prices generally eased further. The BT Composite Index fell 4.76 points to 729.05 while the Straits Times Industrial Index shed 3.06 points to 825.13. Volume was heavy at 15.57 million units worth
      4,279 words
    • 230 15 SINGAPORE Rises Indices G Corp CULS 140 25 Fab 4 Fab 5 ii 0 L w tit BTCoavowt* 733.11 729 05 dIUTcL, I n iT ladacater *****65 *****31 UO L 2wtoH BTOWOS +262 +240 U O IWanaH. 45 Vi tin ST U4««tna4» 828 19 625 13 rTr
      230 words
    • 285 15 A LATE ROUND of profittaking hit the Kuala Lumpur stock market yesterday. Share prices closed mixed but situational counters and recently-listed stocks were the centre of attention. Many of those recorded moderate gains The market opened slightly higher in fairly active trading, with a
      285 words
    • 4391 15 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1.000 units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT".
      4,391 words

  • COMPANY NEWS
    • 520 16 saarns? LOCAL STOCKBROKING firm Kay Hian has forecast a 12 per cent increase in group net earnings for Genting Bhd this year to M 5103.6 million, which would give net earnings per share of 45 cents. The brokerage house noted that Gentings is one
      520 words
    • 407 16 KUMPULAN Perangsang Selangor Bhd (KPS), the investment arm of the Selangor state government, is entering into an agreement with House of Fraser International (Hofi) the owner of the Harrods of London to establish an "upmarket" department store in Kuala Lumpur.
      407 words
    • 93 16 HONGKONG Australian Industrials Hang Seng Index Tuesday 1163.4 Monday 1158.8 Tuesday 1352.47 Week ago 1143.4 Monday 1363.22 Week ago 1338.87 NEW YORK Dow Jones TOKYO Monday 1290.08 Friday 1277.72 Tokyo Dow Jones Week ago 1277.83 Tuesday *****.43 Monday *****.08 Week ago *****.07 Standard and Poors Monday 180.35 Friday
      93 words
    • 210 16 Managers' prices for Feb 6 Second B'putro Third B'putro Fourth B'putro 504 406 4.49 509 4 11 454 Singapore Unit Trust Fifth B'putro Sixth B'putro Seventh B'putro (A) Seventh B'putro (B) 307 297 3 12 302 The Commerce 2.32 2.46 The Savrtgs Fund 1.63 1.73 S'pore Prog Fund
      210 words
    • 206 16 Reuter THE PAPUA New Guinea (PNG) government has no plans to compensate private partners in Ok Tedi Mining Ltd if the gold mine is shut down. Prime Minister Michael Somare said Ok Tedi has not met its contractual obligations and he is serious
      Reuter  -  206 words
    • 2709 16 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. «MISTRIALS ACMA (2 1 OS) A Choc (2.925X5) 2 80
      2,709 words
    • 362 16  -  By AMY CHEOK THE CASH-FLUSH position of United Industrial Corporation Ltd will come in handy in the group's latest venture to build an $88 million hotel in Beijing. UIC has cash totalling more than $25 million, and the company says it has
      362 words
    • TAKING STOCK...
      • 628 17 HOCK LOCK SIEW LONG-SUFFERINGsh a reholders of United Pulp Paper Co Ltd can look forward to some positive developments in the company soon, if a proposed salvage plan is found acceptable by the listing authorities. It is understood that in spite of outstanding legal
        HOCK LOCK SIEW  -  628 words
      • 222 17 A REPRESENTATIVE of Pegi Malaysia, believed to be managing director Phoon Ah Lek, has left Kuala Lumpur for London to attend the crucial extraordinary general meeting of Dulap Holding PLC scheduled for Feb 8. As things stand at the moment, Pegi Malaysia, the largest
        222 words
    • 200 17 MALAYSIAN Containers (1974) Bhd (MCB) has received shareholders' approval for the sale of the company's entire shareholdings in Kuala Lumpur Glass Manufacturers Co Sdn Bhd (KLGM) and in Malayan Fibre Containers (MFB) to ACT International Ltd or its nominee. MCB has proposed to dispose of
      200 words
    • 937 17 SHARE PRICES were firmer at the outset yesterday in spite of the higher trend in UK domestic money market rates and the renewed strength of the dollar. At noon, the FT-30 index was up 8.5 points at 976.8, while the FT-SE 100 rose 13.1 to 1281.3. Dealers said
      937 words
    • 681 17  -  By NAJEEB JARHOM PROMET BHD sold a parcel of 10 million Chuan Hup Marine Ltd shares at $3 each in London and Singapore late Monday evening, raking in gross proceeds of $30 million. This latest development caught market observers by surprise
      681 words
    • 263 17 MR ONG Lay Khiam resigned as btnct'i director on Dec 3 and Mr Gan Kim Kok has been appointed in his place. At Intraco's AGM on May 19 last year, it was resolved that Ernst A Whinney be appointed tbe company's auditors (or the current year in place
      263 words
    • 472 17  -  By RAMESH CHANDIRAMANI MALAYSIA's leading palm oil products group, Palmco Holdings Bhd, has turned in a set of highly encouraging half-year results. With the improved contributions from the palm-based business, the group, which is also into properties and leasing, saw its pre-tax
      472 words
    • 453 17  -  By CHAN OI CHEE PAN-ELECTRIC Industries Ltd is paying $5 million less for the acquisition of a majority stake in FL Investment, first announced in August last year. In a supplemental agreement reached yesterday, the marine- and propertybased
      453 words
    • 70 17 GENERAL SECURITIES lavectmeate Lti: Group operating profit before tax of $3.61 million (15.75 million) on gross revenue of $5.05 million (|7.58 million) for the year ended Dec 31, 1964. Group operating profits after tax was $1.91 million (13.16 million) giving EPS of 3.8 cents (6.3 cents). A first
      70 words
    • 344 17 SINGAPORE Newspaper Services Pte Ltd, the subsidiary formed as a result of the press merger, became operational on Feb L As a result, there will be a transfer of production, circulation, engineering and systems liaison staff from Times Publishing Bhd and Singapore News St Publications Ltd
      344 words
    • 256 17 IN SPITE OF a rise of nearly 70 per cent in investment income and a drop in depreciation charges, pre-tax profits fell from $18.6 million to $18.1 million at Rothmans Industries in the first half year to end-December. Once again, margins tightened for Rothmans whose operating
      256 words
  • Page 16 Advertisements
    • 480 16 m in .a rasj mm. K TIMES CONFERENCES presents A TOP-LEVEL CONFERENCE ON JSHIESS STRfiTEGV FDR BfiflhS fiTD RETR4L □RGfWSfiTIOnS THE ELECTFOTC tfTTPfICT 14 15 MARCH, 1985 SHANGRI-LA HOTEL, SINGAPORE CONFERENCE CHAIRMAN: Mr Pierre A Oupont, President, Ben Canada International Inc.. Canada. KEYNOTE ADDRESS: CHALLENGES AHEAD FOR BANKS AND RETAILERS
      480 words

  • Page 17 Advertisements
    • 43 17 Factory at Tuas FOR SALE/RENT Ideal for marine-related companies Sea Frontage Office Block 16,000 sq. ft Storage Building 4.000 sq ft. Open Area 36.600 sq ft. For further enquiries, please call *****74/5 CITY VALUERS CONSULTANTS PTE LTD in association with DEBENHAM TEWSON CHINNOCKS
      43 words
    • 24 17 the great books For those interested in Intellectual Enjoyment 443 great works by 74 authors in 54 volumes Call STP Distributors Tel No: *****44/*****28
      24 words

  • 389 18 TOURISM meant nearly 29 million international arrivals and more than US$l2 billion (about Ss26 billion) in revenue last year for the 36 member-coun-tries of the Economic and Social Commission for Asia and the Pacific (Escap). Mr Haroon Ebni-Ali, chief of Escap's transport, communications and
    389 words
  • 243 18 YOU WOULD probably need a cigarette to steady your nerves if you read the statistics on the hazards of exposure to tobacco smoke. According to James Re pace, an analyst for the US Environmental Protection Agency, tobacco smoke has become one of the most deadly
    243 words
  • 303 18  -  By ZHOU MEI Economics Correspondent A UNITED STAND has been prepared by senior officials of the six member countries of Asean for their economic ministers when they meet US Trade Representative Mr William Brock on Friday. Earlier yesterday, during preparatory meetings of
    303 words
  • 273 18 SINGAPORE AIRLINES and Alitalia signed a cooperation agreement on Monday, paving the way for a closer rapport between the two airlines. Under the agreement, both national airlines will introduce a joint Round-the-World fare, practise reservations "co-host-ing" and carry out interline passenger sales
    273 words
  • 351 18 THE CHANGING import structure of the US in the past ten years suggests that the Pan Pacific region, including Asean, is gradually becoming more dependent on the US economy. This view by Dr Seiki Teshiba, chief representative of Nomura Research Institute,
    351 words
  • 307 18 PETBOW Far East Pte Ltd, which has an assembly plant in Singapore, has won a £1 million order to provide diesel generating sets for phase one of the Mass Rapid Transit system. BT understands that the company, a subsidiary of Petbow Ltd of
    307 words
  • 227 18 THE HIGH COURT has ruled that the major and minor shareholders of a company set up to build a seven-storey shopping and office complex in Hong Lim have to resolve by today their dispute over the award of the building contract. Darimbi Holdings
    227 words
  • 72 18 WALL Street stock prices rose in moderately heavy early trading yesterday. The Dow Jones Industrial Average was up about three points to 1293, which is above its best closing level. Overall, gainers held a two-to-one lead over losers. Volume was about 11 million shares. Phillips Petroleum rose
    72 words
  • LATE FILE
    • 33 18 UPI WASHINGTON yesterday painted a generally optimistic picture of America's economic health, forecasting growth throughout the 1980s and brushing off the effects of a runaway federal budget deficit. UPI
      UPI  -  33 words
    • 28 18 AP A FURTHER 625 British coal miners abandoned their strike yesterday as intermediaries attempted to revive negotiations to end the 47-week-old walkout. AP
      AP  -  28 words
    • 49 18 Reuter THE THAI government is to sell ailing state enterprises to cut its deficits. Spokesman Trairong Suwankhiri said yesterday that all state ministries had been instructed to submit plans specifying which of the existing 69 state enterprises should be sold to the private sector.
      Reuter  -  49 words
    • 61 18 AP PRIME MINISTER David Lange said yesterday that his government would not bow to pressure and lift a ban on visits by US warships even though Washington was pulling out of Joint naval exercises in protest. Mr Lange said New Zealand did not believe the
      AP  -  61 words
    • 35 18 Reuter INDIA has expelled East German and Polish contacts of an espionage ring operating in New Delhi. The Hindu newspaper said yesterday that the East Europeans had already left the country.
      Reuter  -  35 words
    • 41 18 UPI LIBYA yesterday freed four Britons who had been detained in Tripoli since the two countries broke diplomatic ties almost 10 months ago over the fatal shooting of a policewoman outside the Libyan embassy in London. UPI
      UPI  -  41 words
    • 34 18 Reuter BEIJING has received more than US$l million in donations from abroad to repair China's 5,000km-long Great Wall. Chinese officials said that donations came from 19 countries, including Hongkong. Reuter
      Reuter  -  34 words
  • Page 18 Advertisements
    • 326 18 The SIA Computer Training Centre presents an important seminar and workshop by Gery Associates on COMPUTER-BASED TRAINING at the Institute of Systems Science, 6-8 March CBT Management Seminar, 6 March This one-day session serves as an introduction to the CBT Development Workshop which follows, or it can be attended as
      326 words
    • 221 18 MANAGEMENT DEVELOPMENT PROGRAMME March to April, 1985 Course Course Title Date No. 1. The Allen Management Seminar 2. Effective Business Writing Skills 3. Effective Presentation Skills 4. The Manager as an Entrepreneur 5. Kepner Tregoe Problem Solving Decision Making Seminar 6. The Secretary in Management Today 7. Creativity Lateral Thinking
      221 words
  • Page 18 Miscellaneous
    • 57 18 wrnim Outlook for today: Foir; showers in several areas in the lot* of tor noon. Report for 25 hours poor to 7.30pm on Feb 5 at the airport: Maximum temperature 31.9 Associated humidity 64 Minimum temperature 24.2 Associated humidity 96 Hours of sunshine 10.70 Rainfall in millimetres Nil Roinfall this
      57 words

  • SHIPPING TIMES
    • 262 19 THE French Port of Le Havre expects growth in its general cargo movement to ease this year following a double-digit increase in 1984. Mr Charles Knell wolf, the port's director of commerce, said that the volume of general cargo would increase by
      262 words
    • 432 19 UNITED States Lines has tendered its resignation to the Straits/New York Conference, less than five months after it joined the grouping. The US carrier gave notice of its intention yesterday, to be effective 30 days later. Its departure has left the conference governing
      432 words
    • 752 19 •NpeiniUiw Cat I 1 hr Col Attn VI 3 E»«r»tl L»»ei X Ahrn+j* Irm VI 9 rv AC Tooplw X s Forgo ihpg va AJptattnrn Andllo Vvo VI VI 4 1 Ftuc FAA&CAVN VI VI 4/5 Amah Oram Un* AM. X 1 Fronco-IMg 4/5 1 1 Ftoto
      752 words
    • PORT SIDES
      • 91 19 AFP INDONESIA will buy three oceanographic vessels from France to be used for maritime survey purposes, Indonesian Minister for Research and Technology B J Habibie has said. The vessels, costing 260 million franc, will carry out mining and resources research, mapping, and maritime life forms, English Language daily
        AFP  -  91 words
      • 107 19 THE PORT of Singapore Authority has streamlined the documentation procedures for direct delivery of cargo at Keppel Wharves, Pasir Panjang Wharves and Sembawang Wharves. Consignees taking delivery of cargo direct from a vessel alongside the PSA wharves will no longer need to fill in the Direct Delivery
        107 words
    • 1605 20 Seatrade THERE ARE more than just a few interested liner executives who would like to ask Maleom McLean what would happen if after arranging US$57O million in financing for new super ships, buying two existing US-flag liner companies and hiring alot of sales
      Seatrade  -  1,605 words
    • 1900 20 CONTINUED fertiliser business on Indian government account is reported on the freight market on Monday but chartering has otherwise been subdued and rather featureless, shipbrokers said. A vessel carrying diammonum phosphate from the US Gulf to India paid a steady US$34 while $11.75 was agreed for urea from
      1,900 words
    • 215 21 THE SINGAPORE Association of Shipbuilders and Repairers will be participating in the Expoship London *85 exhibition this year. The event will be staged between March 18 and 22 at the Barbican Centre in the City of London. Held in conjunction with the well-established Seatrade Money k
      215 words
    • 370 21 Lloyd's List SHIPOWNERS hope to secure further concessions on Suez Canal tolls for scrapbound tankers once a small number of experimental tows have been completed successfully. The International Tanker Owners' Association (Intertanko) said "more encouraging terms" might be on offer when the Suez
      Lloyd's List  -  370 words
    • 781 21 AFP REPORTS of increased activity by Soviet and Japanese charterers brought a much-needed spark of optimism to the freight market last week and rates showed signs of improvement in places. Though a busy start in the ore sector and a subsequent upturn in grain fixing both tailed off,
      AFP  -  781 words
    • 241 21 SEA-Land Service has extended container ship operations to Rokko Island in Japan with the opening of its new port facility at the island. The new service more than doubles the terminal and berthing facilities the company previously had at the adjacent Port Island. Sea-Land's
      241 words
    • 3473 26 aaaaaipui 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
      3,473 words
    • 680 27 sssr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sea Hawk 8506 6.2.85 2300 Eastern M TA 3 0900-1100 B3 Nantai 7 14N/15S 7.2.85 0700 Eagle Corp FSB 0900-1100/1800-1900 U3 Pelopor Harvester 121/A 7.2.85 0700
      680 words
    • 1836 27 The leading shipping lines operating from local ports and their agents. A-B \FEA African Shipping Agen. ies (Si. %fro-Kura*ls line Transgroup <Si Akrenklcl liner Service Kim Shpg ISI Ufred r Tseplrr Oceanus Shipping Agen < IPs iSi Marintex Enterprise > PKi Alpac Intrasea (Si Binlang Shpg
      1,836 words
    • 315 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Easter Bay Hanoi 01 Iweri Kota Pelangi Kris Madura Thomaseverett Tian Mu Shan Tomoe 75 Builder III Edo Maru Green Ocean Mason Lykes Nippon Maru Pant Lepeshinskiy Shoun Liberty Toana Papua Wahfai Yongmen 3/4 23/4 18 45
      315 words
  • Page 19 Advertisements
    • 511 19 poreMJ ll Exction*!® DeoliW 5 OAVtO B Published by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A membei erf tr>e '.mes oganisai>or> 556.50 Each mm MarAd has been berated for "bending over backwards" to satisfy USL II SHIPOWNERS hope to secure concessions on Suez
      511 words
    • 342 19 UNITED ARAB SHIPPING CO (SAGI uUASC SEALORD SHIPPING AGENCIES TO Shenton Wey 04-02 C M»(in« Mou»» Singapore 0207 Tel *****94 Tei»« No 254 >S CFS office TPC 03 30 Tel *****31 end *****32 Terminal office TPC 03 29 Tel No *****90 *****93 NATIONAL LINE OF BA T7.r:>■:Ui»:«i'.7.ll«lT.W.' :«.H WXKIMX '11..
      342 words
    • 8 19 SEE PAGE II USL to rid* the storm
      8 words
    • 892 19 A Available at all Good Bookthopt lflTimes H U Distributors ll— MAERSK LINE nm::> i i w.wTTlfiMWTiyffffTffl'" 111 t.» u T( 1 |'Ac 1! c ,11 J \I!AM 1< IASI < AN \I iA I\l A M I'( >1N I M. RANK) M RANDO M RAMX) M. MNDO Ptnanf 8-8/2
      892 words

  • Page 20 Advertisements
    • 371 20 USA/CANADA Pacific South Wnt Feeder at Tokyo Pacific North Waat Feeder at Kobe Atlantic/Canada Feeder at Kobe t Mm jeeeptnf cjrjo to IMu I Uw Dhabi WS ACE FUMY ACE Accepting FCL shipments to: Iran. Afghanistan, E. Gemany, Belgium. Frtand, Hungary. Rumania. Bulgaria. Poland. Yugoslavia. Citd*slwakia, W. Germany. Norway. Sweden.
      371 words
    • 331 20 Supercarrier Service FROM: US GULF US ATLANTIC E. CANADA BARBER IE MS BARBER PERSEUS BARBER PRI»M BARBER MCIO* BARBER T«K BARBER TUBA AMflvAr HMWK "OKA 1 BARfil R lAMIA BAREiI R NANA S 3 KAKBEK IONSBERG 8 i TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA a/i a/3 25/J
      331 words

  • Page 21 Advertisements
    • 949 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd f t STRAITS SHIPPING Singapore to Sateh, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT Stan H'burj 04/3 OS/3 13/3 15/3 25/3 27/3 01/4 03/4 OS/4 11/4 17/4 19/4 24/4 28/4 01/5 03/5 01/5 10/5 01/5 03/5 Bro<n R'dam
      949 words
    • 441 21 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/G RT/N RT 98/25FT/250/130 BUILT HOLLAND 1956 CLS BV M/E 2x600 BHP BOLLARD PULL 18 T WITH CORT NOZELAVERAGE SPEED
      441 words

  • Page 22 Advertisements
    • 486 22 M Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriace to Scandmavia. Med, Carribean &S. America Inland hariate to inland destinations in Europe Spore PKetar* Pfnjnt ln.oes B*io Genoa H'bu( Rdam B tuvenfc.lw.fp 14 2 11 2 II 2 J 10 J 16 J 21/3 3 24 3 Connecting in Kobe 0 Connects
      486 words
    • 295 22 K&line tout i»'" *<■ o" nt *XUK«: FULLY CONTAIN ERISED SERVICE CICVAIO run 43* CWVALER MS «2* ICPIUC CRYSTAL 21* MAETERIMCX S« seven st *s ana m ALSO LOAOfftG FOR BREMERHAVEN 1/4 21/4 22/4 25/4 30/4 st** stAS ma 4«i KOREAN lACUN 27t TIMBWaHO KDCt 231 FIM.LY CONTAINERISED TO FROM
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    • 592 22 K2 THONG SOON AGENCIES PTE. LTD. *09-07. ROBINA HOUSE S PORE 0106 TEL *****88 TELEX RS ***** BOOKING 22 1 4256 (DIRECT LINE) SIN6APORE TO PENANG ETA KM SOON LL 10 Feb 17 Feb DESTMATION Penang Penang SINGAPORE TO KUCHING EQUATOR I. 10 Feb •EQUATOR IV fai Port •BUILDER M
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    • 776 22 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED./FE) EWR GUM 10 2 14 7 It 2 II? 212 23/2 24/2 19/3 23/3 25 3 27/3 7/4 1/4 M/ 4 11/4 13/4 17/4 5/5 EWR GRACE 24 2 28 2 2 3 3/3 6/3 6/3 9 3 21
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    • 149 22 mSINOSE MARITIME PTE LTD PUfil ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Lm*C tor B Abb« B. KNomch SWOSE MAKiTME FU LTD TU ***** M 7 t *****70 MAIOSi MARITMK SON BHD Tel *****2 3 MALAYSIA IRAK TRANSPORT LTD Tel ***** t ***** TO PAPUA NEW GUINEA/ SOUTH PACIFIC
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  • Page 23 Advertisements
    • 869 23 VESSEL HOT A WIRAWAN KOTA SINGA KOTA PUSAK A KOTA WANGS A PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SINGAPORE LOADING FOR BCRBERA. HOOEIDAH, JEDDAH. PORT SUDAN, MOGADISCIO, D SALAAM, MOMBASA HODEIOAH, JEDDAH, AOABA. PORT SUDAN TAMATAVE, MOMBASA. O'SALAAM.
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    • 666 23 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE CUtOff FOOM EUROPE HAM B HAVEN R OAM HAVRE UK lipresi Sj4e4 S*4ed Sj4e4 SiM Sj*t4 Maw Mjru Kjw(j Mjru Beniion lokM Eipreu Cjr*|jn Bji Oukj BJI Inrerpool Bar SjM SjM SjM SjM SjM SJM SjM SjM 13/7 U/2 19/2 21/2 H
      666 words
    • 586 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Vokofcami Koto Kjohwrnj Honj»oniS pore T|Pno» (III) GOW* li MAIATMT VI7 W 19/1 22/1 1/2 7/2 24/1 9/2 11/2 11/2 It/2 11/2 WEST BOUND Sport Brtowfl I Ml/2 3 Sporr II darn A dam 2 1 27. J H'bof fkrnw Antwup .11 l/« m ARE
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    • 390 23 BOUSTEAD SHIPPING AGENCIES ■4* BURMA FIVE STAR SHIPPING CORPORATIOII (Burmese National Line) Loadmf for Rangoon Paean VS2 Phashwegyawywa V 250 Myoma yw a VB5 Pa-an VBO V* 12/14 Feb 22/26 Feb 1/3 Mar Penanj 9/10 Feb BANK LINE al^^lLiyttQl MEADOWBANK IVYBANK SPORE R'DAM HULL HMBG 9 Mar 5 Apr 10
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  • Page 24 Advertisements
    • 1214 24 K LINE —KAWASAKI KISEN KAISHA, LTD. USA CANADA Ptcmc COAST (Including DESTINATIONS INLAND vU IPI/MICROBRIDGE A MINILAND BRIDGE) FEEDER/ MAETERLMCK V4E MONTE RUBY V 26 WHORE BADGE V4O ASIA STAR V 33 ALSO ACCEPTING MONTREAL. TORONTO ANO OTHER US PACIFIC. GUtF. ATLANTIC PORTS N INLAND PORTS SEATTLE 8 Mar 10
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    • 676 24 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE I tor (OS ANUKS SANIRANIISCU St ATI! IACOMA VANCOUVIR BC Austinf Ml (CI Cnntamers C Krljnt Singapore 1 Aniietr^ BHAVABHUII K feto 21 lit feb Mar AUSTRALIA EXPRESS CONTAINER SERVICE A.irptin> (CI (CI (nnta«i»<. P KfUnf S pore (rem MHb S»dn Mm Accepts
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    • 575 24 SANKD ASIA FROM JAPANESE POUTS ANO HONGKONG GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD K«a« Tunc Prowncul Ba* Bui** Ctci Strwl SMGAPOCE 0104 m ******) (10 IMS) T«t Kuala luipw *211 P Afianf *****1 Pmm *****1 Past Gudani A(«nt OMENT UOTD (M) SON BHD TEL: *37 STRAITS/PERSIAN GULF SERVICE: SM*
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    • 504 24 t INTRASEA tPTE) LTD. LU| 10 Anson Road »27 16 Inte'nationa' Piaza Singapore 0207 Tel *****1 1 (10 L.nesi <► BREAKBULK SERVICE TO EUROPE/UK SUPPER N *****1S S port P Ketone lM4n( forIn Port 13/2 ROTT/ANT/UJ. (AVON) SEAWOOO SHIPPING CORPORATION S port NOR THEM VALLEY Saied leddah/Monlalcane Ssifapoft MTRAS£« (PTI)
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  • Page 25 Advertisements
    • 723 25 NOL NEPTUNE ORIENT LINES LTD I TO EUROPE/UK (VIA SUEZ): C PAUL 43* C ROZE 42* N CRYSTAL 28*.... MAETERLMCK s*. S S BRDGE 45*... K JACEJW 28* Also accepting cargo to/from Scandinavia C PAUL S pore Closing Times: FCL Cargo 03M 7/2^ FROM EUROPE (VIA SUEZ) MAETERLINCK 4E. SS
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    • 554 25 ZS DO* AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON MCHON BUSAN n? »/3 IS/3 21/3 1/4 SO IN Cmrjl Sur.r, on how 0100 1200 hr» K«W*I Murt <*> S PlWt H.INIS NfPIUNE AGINCKS PII I TO Irl ?7*9T 7 ''Nil Berk •>!{>.
      554 words
    • 798 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUR.DMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS 213*0 RS ***** RS ***** P KEIANG a,Z SHAWMT NAM SOON SON. BM> IST ANO ?N0 FLOOR. NO 1 JALAN CEMPEMNG PORT KLANG MALAYSIA
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    • 114 25 DURBAN JOHANNESBURG BEIRA DIREf.T CONTAINER SERVICE TO PT I PUIS WESTBOUND L T N LOUIS DURBAN BEIRA TBN V3W/8S 1B3»S 29 385 44 85 (Conlrs On*, also accepting cargo for Malawi ZimcaDwe ■gnßHsffllDQi ETO ETC ETA ,I,r R BAy OURBAN SIN BARON STAB 21 185 30 185 16 285 Agents:
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  • Page 26 Advertisements
    • 571 26 Kcf|ional Container Uiics 3 Sailings Weekly Imilli!!}' Reliable Regular Punctual Berthing P S.A Mon. Wed Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA ¥0Y SM SHU BKK FKT *1* DATUM BHUN 311/2C3 Saied M Pt/7 Feb MIMM BHUM 204/319 9/10 Feb 13/14 Feb RATANA BHUM 320/321 18/17 Feb 20/21 Fib HINODE KISEN CO.
      571 words
    • 57 26 rpFARGO SHIPPING COMPANY (PTE) L TD r EXPRESS CONTAINER SERVICE y <Ls SINGAPORE BANGKOK 3 SAILINGS WEEM Y J Acctptonj Mk FCL and LCI: La C«|Mi p»ckt4 it prkitt CfS Mw-Fri 9am 5 30pm Saturday 9m 12.30pm tid. Son A h* Mi. 7B Keppel Road 17 07 Tartiong Pagar Compiei
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  • Page 26 Miscellaneous
    • 148 26 Regional Weather <4 Si VA ai 4 ft j v< X r. 1 I > W L SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R. Thunderstorm Shower •t Riin Cloudy Sky Temperature Weather °C yA CT* Wind direction with speed in knots R«n Wave height Cloudy
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  • Page 27 Advertisements
    • 178 27 INDON SHIPPING PTE LTD. TELi*****20, *****39 TLX AS ***** WDON MEEKLY LCL/FCL SERVICE S/2 P.KELANG, PNG 10/2 MNL, HKG, BKK 16/2 CALCUTTA (ALSO TAX KG CONVENTIONAL) PALMYRA TSIRIS LINES S.A. VULCANUS a soi u/3 In PI 15/3 Loading for: DUB. DAM. BAH. KUWAIT DAM. KUWAIT. BAH. DUB C: OSAL AGENCIES
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    • 119 27 Mt MtSC AGENOES K LUMPUR f. KELANG PENANG P. GUDANG J BAHARU LEOSHT SPORE 42S0U/*****6/*****4/*****3 *****1/4 TERMMAL 3M3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 22MH/2211M/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE TO EUTOtt FEQHt B BUTANG B BUTANG B BUTANG B BUTANG B BUTANG ALSO ACCEPTING FOR: ANTWERP. L. HARVE, UK. BREMEN. COPENHAGEN. OSLO ALSO
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    • 523 27 K.H. LINES REGULAR SERVICE E/W. MALAYSIA VttM* M.V.MERAUKE VOY 1/S5 IN VOY 1/H Gwmtil Agtflli: MARINECRAFT M'SIA SDN. BHD. No. S4A, Jolon Tengku Bodor, Port Kelong TEL: *****6/*****7 Tele. No MA ***** YMSB ETA rt k In Po't 12 Feb LTD LMant nr 31 Jon KUCHING/MIRI MIRI iTMTOiYTOniVIMS TO CHITTAGONG
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  • Page 28 Advertisements
    • 274 28 EAST ASIA LINE (Moloysion Flag) VOCM PCS TAMA Saied Saied REGULAR JAPAN/STRAUS/ JAPAN SERVICES LAMBOR l«/ 2 1 EAST ASIA SHTfING SDN. BH> TEI: *****2/36 TLX: MA: ***** JAIAL MFBC K.L. Tefr. *****8/*****0 S pore Ajents SEAGULL MARK Tel: *****11 <s> NG Shipping Private Ltd. T*l«pliOfM: *****43, *****90. *****74 TLX
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    • 303 28 sapping (sir.gapor-e) private imiced NVOCC DIRECT SERVICE DESTN HONGXOMG/TOtt TO/KOBE ANT/ROTT/HB6 LA/SF/NEN YORK DARffIN/ S YD ME LB BKK XMGANG/HKG/KEELUNG/BUSAN EUROPE/FAR EAST LINER SERVICE! VSL ETA ETD WSCH FROM IASMK 4/2 7/2 HAMBURG/ANTWERP JASMNE In Port 1.2.85 HAMBURG/AKTWERP ASTERNM 15 315 17.3.15 HAMBURG/ANTMRP Carp M»P *****M/J. *****11 It Ami M
      303 words
    • 531 28 C.Y. LINE (A Mtmbtr Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD FUUY CONTUKRISED SERVICE 10 EIKOPE IVU SUE!I OCVM.O PAUL 43* CHEYALER *03 4211 NEPTUK orystal ?IW kUfHRiMCx s* S port P Ktiar 7/2 9/2 17/2 10/2 23/2 25/2 J/J 5/3 ItHvuc RdamF»to»« lfbw| Bi«n hkNf 27/2 2/3
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    • 877 28 T Everett Tines/ COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" lajdM* tw CdUo kutirin. Ho and aM ottwr Petuman ports with transtupment at Kobe On CPV Throufh Bits ot Ladinf to liml destination Penanf* P. KeUng S«faporet RAMOICVERETT 23/25 FH> 26/27 Feb HUOCVERETT 13/15 Mar 16/17 Mar MANOLOEVERETT 11/20
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    • 407 28 ZIM NON CONFEKNCi MOOOCNT FULL CONTAMER SERWCE accepto| FCt/LCt carpes to US* East t N«t Coast Canfrtoan and East Cinada m MR TOM m SIMM 2M MONTREAL m Htu m him m SAKAWMM I ZIM EILAT CONTAINER LINE Spn Eiat Inntt A«pr Vract Itt SJNGAPORf 13 Ftto 77 Feb »lU
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