The Business Times, 26 February 1985
1985-02-26
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The Business Times
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Title Section12 1985-02-26 1 BUSINESS TIM ES M.C. (P) No. 99/1/85 TUESDAY, FEBRUARY 1985 60 CENTS12 words
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376 1985-02-26 1 BOEY KIT YIN - By BOEY KIT YIN SINGAPORE'S exports hit a new high in January when local traders sold more than $4.7 billion worth of products in contrast with poor business on the home front. After a year of ups and downs in exports, traders began376 words
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Article, Illustration641 1985-02-26 1 FOO CHOY PENG - Slower growth; more participation; growing home ownership By FOO CHOY PENG A FORECAST of relatively modest growth, but a continued drive towards total home ownership were the economic highlights of President Devan Nair's speech at the opening of Parliament last night. In the traditional641 words
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Article349 1985-02-26 1 FUTURE Parliament sessions will start and end early so that television viewers can watch part of the proceedings in the evening. Parliament sittings will tentatively be brought forward three and a half hours, starting at 11 am and ending by 4.30 pm. There will be349 words
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559 1985-02-26 1 RICHARD SEAH - By RICHARD SEAH PARLIAMENTARY debate is serious business. While wit, humour, anger (real or feigned) all serve to liven up debate, Parliament is not an institution to provide entertainment. This remark by Mr S Dhanabalan in his maiden speech as Leader559 words
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Article, Illustration85 1985-02-26 1 RENEWED BUYING by foreign lnstttattons pins ••me shert Mveriig sad bargain buying ahead «f the new settlement period this Friday helped boost share prices yesterday. Kentacky Fried Chicken (S) Ltd stele the shew again yesterday with an Inspiring $1.18 rise to $4.52 amid market rnmoars of syndicate aettea.85 words
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467 1985-02-26 1 TERESA LIM - By TERESA LIM Hongkong Correspondent IN A SHREWD and unexpected manoeuvre, shipping tycoon Sir Yue-Kong Pao yesterday shifted the focus of the Wheelock Marden battle to Allied Investors Corporation. Publicly-listed Allied Investors is 49.9 per cent owned by Wheelock Marden, but467 words
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Page 1 Advertisements
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Advertisement50 1985-02-26 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM (USA) J I h m your bathroom scene San Miguel Water-Guard toilet (K-3406-FB) in French Vanilla Harniington Laiutory (K-2904) in Black Black 19-'/f".x IC>'A". Shown withAlterna Onyx Water- Guanlfaucet Jacks City Sales Office GAS Building 383 Sin Ming Drive Singapore 205 7 Tel: *****9450 words
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Advertisement271 1985-02-26 1 ■mm RAW MATERIALS DOONESBURY AIRCRAFT LETTERS CROSSWORDS MONEY EXCHANGE EIGHT Singapore companies, led by the Trade Development Board, are taking part in NEPCON West '85. This is the third time the TDB has organised participation in one of the biggest electronics shows in the world. Page 2 TOTAL OUTPUT of271 words
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Advertisement8 1985-02-26 1 Full report. Page 12 Aatan itftcki, PtQ# 118 words
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Advertisement175 1985-02-26 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Bank debate goes on BT's outspoken views on the approach the banks have taken to their customers continue to draw comment. For the latest reaction, see Page 8. Hongkongßank VISA and Hongkongßank MasterCard Only Hongkongßank offers both these credit cards for the cost of175 words
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HOME NEWS
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535 1985-02-26 2 TDB to project total capability of Ideal industry EIGHT Singapore companies, led by the Trade Development Board, are taking part in NEPCON West '85, at the Anaheim Convention Centre in the US from today to Thursday. This is the third time the Trade Development Board535 words
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111 1985-02-26 2 THE CLOSING date for the Science Centre's Video Fair competition has been extended from Jan 31 to March 30. The closing date for submitting the complete production and final script is still April 30. A total of 30 entries have been received so far, 21111 words
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389 1985-02-26 2 SINGAPORE Bus Service is very satisfied with the response to its month-long free farecard service even though only 700 out the 1,000 available cards have been snapped up. The trial farecard system, which started on Feb 12 on Clementi feeder service 282,389 words
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180 1985-02-26 2 MORE THAN 900 entries have been received for the Hallmark 1985 Jigsaw Puzzle Championship. The first round of puzzles will take place on March 3 at the Shangri-La Hotel Island Ballroom from 9.00 am to I.oopm. Sixty tpoira; divided into two groups will be selected180 words
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Article52 1985-02-26 2 THE REPUBLIC of Singapore Navy will be conducting military exercises at the Bedok Jetty area. About 200 metres of beachline east of Bedok Jetty will be occupied by troops today (I.oopm to 5.00pm) and tomorrow (I.ooam to 3.00 am). The public is advised to keep clear of the52 words
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375 1985-02-26 2 VISITORS to Mount Faber Parte seeking a dark, quiet shelter from the city will be in for a brilliant surprise. The Public Works Department recently signed a $175,000 contract for the installation of a lighting systen? to brighten the park375 words
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419 1985-02-26 2 LIM SOON NEO - By LIM SOON NEO EMPLOYEES of the Singapore Airlines group now have the opportunity to take up a bigger stake in SIA, which intends to go public. The number of scheme shares for employees, as opposed to ordinary shares, will be increased to 24419 words
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314 1985-02-26 2 THREE AIRLINES which recently started flights into Singapore helped to boost the operating revenue of Singapore Airport Terminal Services (SATS) from April to September last year. For that period, said SATS's managing director Mr MW Anthonisz in the latest issue314 words
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177 1985-02-26 2 AUSTRALIAN and Singapore companies can team up to penetrate third markets, in particular China. Senior Australian Trade Commissioner Mr Graeme Hargreaves said yesterday before leaving for Australia to hold seminars for Australian businessmen oh the Singapore, Thai and Indonesian markets, that his country had177 words
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Article174 1985-02-26 2 THE DEPARTMENT of Extramural Studies of the National University of Singapore will be conducting three courses next month. The first, which begins on March 4, is entitled "Preparing and Writing Practical Marketing Plans". This five-lecture course is designed to impart an understanding of how to prepare174 words
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Article, Illustration447 1985-02-26 2 LEE SOO JIN has been appointed vice-president and general manager of American Express Travel Related Services in Singapore. He is the first Singaporean to head the American Express office in the Republic. Mr Lee, who was previously director of marketing and sales, Singapore, played an important role447 words
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170 1985-02-26 2 THE NATIONAL University of Singapore will set up a childcare centre by July this year to cater to the needs of its staff. Children of the 3,ooo«trong NUS staff will be looked after in a bungalow located at Kent Ridge .behind170 words
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Page 2 Advertisements
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Advertisement183 1985-02-26 2 Running short of good ideas? £3 •.a PJfiRIl M 7IIH wjmjk M V% m it J. tfKH^i^^SSSKiSfP^. m LSaM 1 A. V-~> i V/ Impurities, dust and germs in the air cause bleary eyes and create a general feeling of drowsiness and lethargy. When such a feeling pervades your conference,183 words
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OVERSEAS
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Article, Illustration254 1985-02-26 3 Reuter SOVIET President Konstantin Chernenko appeared on state television taking part in an election on Sunday, nearly two months after illness forced him to disappear from public view. The television showed a film of the party leader, looking frail and pale, atReuter; Reuter photo - 254 words
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229 1985-02-26 3 AP T*HE FIRST national elections in nearly eight years got under way ir Pakistan yesterday in a vote which the country's leader has portrayed as a step on the road to restoring civilian rule. Men and women formed separate queues in voting in the fjrstAP - 229 words
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306 1985-02-26 3 Top Taiwanese official may be 7 involved in slaying of Liu AP A REPUTED Taiwanese gang leader, accused of slaying a Chinese-American journalist, has admitted planning the killing with a top Taiwanese intelligence official, the San Francisco Examiner reported on Sunday. Henry Liu, 52, a naturalised US citizen who wroteAP - 306 words
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ECO-NOTES
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Article74 1985-02-26 3 THE US has called off talks with Japan on telecommunications trade due to start today because the gap between the two sides is too wide, said a US official. The US wants assurances that new rules taking effect on April 1 will not hinder the sale of US74 words
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Article58 1985-02-26 3 ISRAELI manufacturers are pulling out of an anti-inflation pact signed with the government and trade unions. The manufacturers yesterday voted unanimously to break the wage and price accord by Thursday unless Prime Minister Shimon Peres meets their demands to raise prices. The agreement, to last eight58 words
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Article44 1985-02-26 3 INDIA will unveil in April a five-year import/export policy aimed at simplifying bureau- cratic and licensing procedures. Minister of State for Commerce PA Sangma said that bottlenecks in the current system are affecting needed imports and deterring exporters from selling to India.44 words
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Article55 1985-02-26 3 ISRAELI Foreign Minister Yitzhak Shamir arrived in France on Sunday on the first stage of a tour aimed at safeguarding his country's farm exports to the EEC. Mr Shamir said relations with the 10-nation bloc would be the focus of talks today with President Francois Mitterrand and55 words
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Article67 1985-02-26 3 THE chief of the United Auto Workers Union has called for new measures to curb the burgeoning US trade deficit steps he said would have the biggest impact on Japan. Owen Bieber said his union would lobby Congress for legislation to place ceilings on an overall67 words
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Article41 1985-02-26 3 SRI LANKAN tea production fell to 17.6 million kgs in January from 17.7 million in December, but was up from 17.1 million in January 1984. Production for 1984 totalled 208 million kgs, up from 188 million in 1983.41 words
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Article53 1985-02-26 3 AFRICAN foreign ministers began a nine-day meeting in Addis Ababa yesterday to discuss the continent's economic problems, exacerbated by a drought that has devastated agriculture in many countries. No agenda has been published for the conference but it is expected to focus on coordinating efforts to make the53 words
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Article57 1985-02-26 3 Agencies TOP OFFICIALS from the Danish Industrialisation Fund for Developing Countries (IFU) will arrive in Kuala Lumpur today for a three-day visit to look into the possibility of financing joint-venture projects in the country. The government-backed IFU is studying proposals for eight to 10 new projectsAgencies - 57 words
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143 1985-02-26 3 AFP FRANCE IS about to lead the world into the era of microchip money. French banks are expected to reveal this week the "smart card" programme which will launch 2.5 million pieces of intelligent plastic cards in four regions of France. TheAFP - 143 words
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159 1985-02-26 3 Bernama JAPAN'S Foreign Minister Shintaro Abe said yesterday that Japan must continue to make efforts to open its markets wider to Asean products. Answering a question in the Diet, Abe said the efforts were needed to maintain and promote friendly relationshipsBernama - 159 words
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283 1985-02-26 3 Reuter KHMER ROUGE forces fighting the Hanoi-backed government in Kampuchea said yesterday they had launched two attacks deep inside the country, killing 81 Vietnamese soldiers. A Khmer Rouge broadcast monitored in Bangkok said 40 Vietnamese were killed in an attack on Feb 19Reuter - 283 words
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329 1985-02-26 3 UPI PRINCE Norodom Sihanouk is willing to hold talks with Vietnam on Cambodia, but only in his role as president of the three-party Cambodian coalition. The Bangkok Post yesterday cited an unnamed Thai Foreign Ministry source as saying that the former Cambodian monarch hadUPI - 329 words
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431 1985-02-26 4 Forecast of 2.7 m barrels per day this year Reuter TOTAL OUTPUT of oil and natural gas liquids (NGL's) in six major Far Eastern countries rose by about nine per cent in 1984 to more than 2.6 million barrels per dayReuter - 431 words
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221 1985-02-26 4 AFP PRESIDENT Ferdinand Marcos yesterday denied suggestions that the recent abolition of the government-backed sugar and coconut monopolies was imposed by the International Monetary Fund. "Our decision to deregulate coconut and sugar trading was done at our own discretion andAFP - 221 words
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352 1985-02-26 4 Trial Reuter KEY WITNESSES failed to appear yesterday at the trial of military chief General Fabian Ver and 25 others linked to the 1963 murder of Philippine opposition leader Benigno Aquino. The family of Rolando Galman the man the military said killedReuter - 352 words
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Article250 1985-02-26 4 AFP SRI LANKA's prime minister has accused India of having a double standard with regard to illegal immigration from Bangladesh and Sri Lanka. Addressing a weekend rally, Prime Minister Ranasinghe Premadasa said India was erecting a fence along its border with Bangladesh to stop illegalAFP - 250 words
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WORLD IN BRIEF
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Article50 1985-02-26 4 WHITE settlers in the French territory of New Caledonia on Sunday called for a day of protest against the expulsion of five right-wing politicians. The anti-independence RPCR Party said a mass march had been planned for this morning, hours after a midnight deadline for the expulsion order.50 words
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Article54 1985-02-26 4 SCUFFLES broke out and more than 50 people were arrested on Sunday as thousands of striking coal miners marched through central London. Police blamed a "young hooligan element, not all miners" for the trouble which flared as the demonstrators marched down Whitehall close to Prime Minister Margaret Thatcher's54 words
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Article70 1985-02-26 4 A VIETNAMESE delegate to a United Nations scientific conference said his country has almost solved an enormous drug problem he charged was deliberately created by the US. Hoang Thinh, director of the International News Department of the Vietnam News Agency, said it was a "deliberate policy" of70 words
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Article57 1985-02-26 4 AN AUSTRALIAN woman has given birth to the world's first twins produced from frozen embryos, a Melbourne hospital spokeswoman said. The healthy baby girls were born last Friday to a 29-year-old wt)man whose identity has not been revealed. The embryos were implanted by Australia's Victoria Medical Centre which57 words
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Article54 1985-02-26 4 TIGHT security preparations were underway yesterday around Oslo's central courthouse for the trial of senior Norwegian diplomat Arne Treholt. Treholt, 42, a former junior minister in the government, is accused of spying for the Soviet Union and Iraq over a nine-year period until 1983. He faces a 20-year54 words
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Article72 1985-02-26 4 Agencies LIBYAN leader Moammar Khadafy on Sunday urged black US servicemen to leave the military and create a separate army because the US "must be destroyed". Mr Khadafy, in a 40minute speech sent "live" to a nation of Islam convention in Chicago via satellite, urged US blacksAgencies - 72 words
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243 1985-02-26 4 Reuter NEW ZEALAND Prime Minister David Lange left for the United States and Europe yesterday to defend his much-criti-cised ban on warships which carry nuclear weapons. But Mr Lange said he doubted his meetings with Reagan administration officials and with BritishReuter - 243 words
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378 1985-02-26 4 AP US ASSISTANT Secretary of State for East Asia and the Pacific, Paul Wolfowitz, is in China for a five-day visit during which he would discuss Vietnam, Taiwan, economic affairs and perhaps the defence relationship. Mr Wolfowitz, the State Department's chief Asia expert, arrivedAP - 378 words
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204 1985-02-26 4 AP A FORMER Hongkong banker has been arrested for allegedly embezzling US$6 million from his bank in the British colony. A police spokesman said yesterday that Fung Wei-Ming, 34, a former senior official of Hongkong's Hang Seng Bank, issued two fake money orders amountingAP - 204 words
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167 1985-02-26 4 Reuter BRITISH economic growth and inflation are expected to accelerate this year, the London Business School and Midland Bank said in separate reports. Gross domestic product is expected to grow about 3.5 per cent in 1985, the best performance since 1973,Reuter - 167 words
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Article147 1985-02-26 4 UPI AN HOUR-LONG FIRE swept a one-star hotel in Manila's tourist district early yesterday, injuring two Filipinos. Authorities said the fire at the six-storey, 21-room Iseya hotel and restaurant, appeared to fit the pattern of six previous hotel fires that claimed 68 lives over the pastUPI - 147 words
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110 1985-02-26 4 Reuter THE VALUE of US machine tool orders fell 17 per cent to U*****.9 million in January from a revised $255.2 million in December, the National Machine Tool Builders Association said. The association originally reported December orders at $252.2 million. It said JanuaryReuter - 110 words
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Article805 1985-02-26 4 ARRIVALS Operator S*nric« Local From number time PAA PA5 0155 JFK/SFO/HKG CV CV796 0315 LUX/DXB AAAS AAH60I 0720 KUL MAS AAH681 0820 KUL AAAS AAH603 0905 KUL MAS AAH67I 0935 KUL AAAS AAH81I 0940 PEN RBA BM21 1000 BWN SIA SQI03 1005 KUL CPA CX710 1030 HLP805 words
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Page 3 Advertisements
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Advertisement153 1985-02-26 3 m Matching Pairs from Seiko ladies' Model 7320-5620 SGB Gents' Model 9020-5280 SGB Matching styles. Matching colours. The perfect match for the two of you. Watches to remind you of each other and the good times you spend together. All with the distinctive look and accuracy of Seiko. Matching Pairs153 words
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Page 4 Advertisements
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Advertisement90 1985-02-26 4 A new year means new beginnings. So, to make the Year of the Ox truly *W auspicious, our "Yu Sheng" (and a spread of other traditional Lunar New Year JS All Dishes) is being specially ifi* prepared. Wan# Ban Say Rett. Manager DrapnQty Dragon City Sichuan Restaurant Novotel Orchid Inn90 words
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Advertisement10 1985-02-26 4 WW /VM More Seat room. More More Sp t ut10 words
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Page 4 Miscellaneous
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Miscellaneous40 1985-02-26 4 Doonesbury BY GARRY TRUDEAU I 1 I I I NO LON6ER HAVE ANY MICTION!MY OH, MY sense of purpose gop.. 15 GONE! I HAVE NO IDEA WHO 'A m m m SB 4 Y(XfVt..YOU'VE TURNED HIM INTO A PEMOCMTf P&UUS.^40 words
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WORLD BACKGROUND
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602 1985-02-26 5 MICHAEL ROSS - By MICHAEL ROSS UPI TWO YEARS ago, Captain Lee Ung Pyong decided to fly south .for the winter. But Lee's flight was special. Then a pilot in the North Korean Air Force, Lee had been thinking of defecting for three .years. HisUPI - 602 words
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Article833 1985-02-26 5 CHRIS SHERWELL - Thailand calls for recommendations to boost public sector finances By CHRIS SHERWELL WHEN A THAI takes a train, bus or plane, turns his tap or light on, or tries to telephone a friend, he deals with a stateowned company. The same is true if he arrives833 words
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Article, Illustration438 1985-02-26 5 AFP JUST SOUTH of Hanoi, where jungle-covered hills jut out of marshland, the Temple of Fragrance and Light draws a stream of Buddhist pilgrims up the steep path to its sanctuary. At a bend in the path, a visitor comes across a hermit sunkAFP - 438 words
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Page 5 Advertisements
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Advertisement180 1985-02-26 5 I 3Tw/i ?V -r 35 m r~ 7 •-> iv" "v m ■Km f :<. If ~>i*^p3 V v -ss A V"*•% 'r.f v VVWCV^S *3 .i,^ 1 PS Jffe? V_Is. m a o s_ -7 3 •woys. <-■ -r.^_ v.: a^ K" > s -~-f ~.^V U *V\i£ !■'•>•;180 words
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BANKINGF AND FINANCE
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689 1985-02-26 6 Reuter AN ATTACK of nerves because of the suspension of IMF loans to Brazil and the resignation of Argentina's top economic officials is deterring a number of banks from joining several sovereign financing packages now being marketed. Bankers in New York have said that EcuadorReuter - 689 words
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Article, Illustration630 1985-02-26 6 Reuter MARKET PARTICIPANTS may have over-estimated the prospects of an imminent firming of the Federal Reserve Board's grip on reserves. Economists in New York have said that this suggests that prices, which last week dropped sharply to the lowest levels since early January,Reuter - 630 words
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168 1985-02-26 6 ABOUT 7,000 members of the international banking community will convene in Seoul this October. These delegates from 148 countries will be there to take part in the 40th Annual General Meetings of the International Monetary Fund and the International Bank for Reconstruction168 words
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Article76 1985-02-26 6 Reuter THE state-run Korea Exchange Bank has awarded a mandate to a 28-bank lead manager group for an eight-year US$6OO million loan. The loan has two tranches a $400 million tranche will carry interest at V« point over Libor for three years and 3 /< pointReuter - 76 words
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249 1985-02-26 6 AP TWO WEEKS after pleading guilty to US currency reporting rules, the First National Bank of Boston admitted it erred in letting a reputed mob family make multimillion-dollar transactions that escaped federal scrutiny. The bank broke its silence last Thursday onAP - 249 words
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Article268 1985-02-26 6 Reuter KUWAIT is stepping up supervision of its financial system and will study new tools of monetary policy to combat expected strains in the economy, a senior central bank official told a banking seminar. Mohammed Haider Ghuloum, deputy manager of the bank's technical department, said theReuter - 268 words
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137 1985-02-26 6 Reuter LAZARD FRERES &Co is prepared to file a formal complaint with the US Department of Justice's anti-trust unit within the next few days if the four major brokers of US government bonds do not agree to give Lazard access to direct trading privileges onReuter - 137 words
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123 1985-02-26 6 Reuter THE BANK of England is increasing its temporary facilities for the banking system to about £5 billion to supplement existing facilities of £4 billion which have already been made available to the banks. The facilities take the usual form of a sale andReuter - 123 words
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388 1985-02-26 6 FT KOREAN BANKS have begun dismantling the debt-ridden Kukje-ICC group, Korea's seventh largest conglomerate with assets estimated at 1,700 billion won at the end of last year. Mr Lee Pil-Sun, president of the Korea First Bank, Kukje's prime bank, said that three of the company'sFT - 388 words
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MONEY AND EXCHANGE
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Article806 1985-02-26 6 SINGAPORE The US dollar extended its early gains against major European currencies yesterday, except the yen, in fairly active late trading. The dollar rose to a new 13 "i-year high of 3.4040 55 marks from an early 3.3985 95 and US Friday 3.3955/70 close. It firmed to 2.8635/806 words
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Article, Illustration308 1985-02-26 6 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Short-dates weakened between Vg and 3/16 at the outset due to a lower US federal funds rate and remained unchanged thereafter with overnight closing at 8 5 /s BVi and week fixed at 8-11/16308 words
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Article115 1985-02-26 6 THE OVERNIGHT rate on the Singapore interbank money market fell by Vipoint from last Tuesday to close at VA per cent yesterday. The one and two-month rates fell by '/fc-point each while the three-month rate fell by 1/16-point. S$ interbank rates at 3pm yesterday Offer Bid Overnight 7115 words
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Article246 1985-02-26 6 Interbank rates at 3pm yesterday. quoted yeeterday c roM parity change Local dollars to one unit of foreign currency: US doNar 2 2715 ***** 2 8196 -1944 Sterling pound 2 4452 ***** 7 3469 •66 72 Australian dotar I 5945 1 6024 3 4286 -53 49 NZ doUor246 words
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Article287 1985-02-26 6 EURODOLLAR futures opened yesterday with a bearish note with the March contract opening at the CME's low of 90.40. Trading was generally quiet for the remaining session with short-covering activities which saw the March contract closing at 90.50. Currency futures fell further in the face of the strong dollar.287 words
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Article193 1985-02-26 6 HONGKONG Gold closed higher in moderately active trading yesterday, reflecting the US dollar's easier tone towards the close. It closed at U*****.60/296.00 an ounce, compared with Saturday's $295.20/70 finish and the $294.50 295.00 close on Friday in New York. Local gold rose HK$B.OO to close at $2,760 a tahil.193 words
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RAW MATERIALS
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Article156 1985-02-26 7 Singapore Java brans (S$/kilo, •x-godown) Thai white White, special quality 0 21 100% 1st class Java maize No stock (kangaroo) new crop 096 Thai maize 0.32 100% 2nd class 0.70 100% 3rd class 25% new crop 0.65 No stock Bangkok B-10% No stock (USS/toflM, FOB) Thai broken 0.60 0.57156 words
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Article131 1985-02-26 7 Reuter THAILAND exported 63,172 tonnes of rice in the week ended Feb 19, up from 61,897 tonnes the previous week. The Thai government and private exporters shipped 27,979 tonnes and 35,193 tonnes respectively. Private exporters also signed contracts to sell another 112,067 tonnes, including 40,000Reuter - 131 words
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Article157 1985-02-26 7 Yarn (In HK$ per bole of 400 lb) China corded yorn, cones Blue Phoenix 16's 2.6SO Blue Phoenix 20's 2,800 Blue Phoenix 32's 3,350 Blue Phoenix 40's 3,700 Carded yarn, hank 2,800 Blue Phoenix 2l's Combed yarn, cones 4,450 Blue Phoenix 32's Blue Phoenix 40's 4,600 Open-end yarn 2,550157 words
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Article1076 1985-02-26 7 COFFEE Robusta futures ended yesterday morning at or near new contract highs with gains of £35 to £22 a tonne after technical and currency related buying. May was £27 higher at £2,445. Light stoploss buying of May was seen when it rose above the old contract high at1,076 words
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Article154 1985-02-26 7 Chinese Produce EK1 FOB NSW Robusta 20/25% 541 00 Exchange ices on Feb FOB NSW 477 50 (Sellers' noon dosing pri 25 S$/100 kg) Nutmeg 438 00 110 FOB NSW Coconut oil E W FOB NSW 281 00 Bulk FOB 155 00 Gambier Old drum FOB New drum154 words
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Article148 1985-02-26 7 MALAYSIAN crude palm oil prices closed firmer on light covering interest yesterday, but trading was thin as most operators were still absent after the long Lunar New Year holidays. February/March deliveries in the south and central regions rose MJIS to $1,220 per tonne while north was traded firmer148 words
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Article110 1985-02-26 7 THE Kuala Lam par Tin Market price remained at the International Tin Agreement floor-level of Ms2t.is per kg > esterday reflecting continuing lack of demand. Dealers said the small turnover of 34 tonnes, compared with 54 tonnes last Friday, was because of miners still absent after the Lunar110 words
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77 1985-02-26 7 THE Indian Jute Mills Association said it has asked PA Sangma, India's Minister of State for Commerce, to allow jute mills to import raw jute under an open general licence against exports. The association said that unless supplies are increased, more mills are likely77 words
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Article211 1985-02-26 7 SINGAPORE The market closed lower yesterday with March One RSS buyers quoted at 165.25 cents per kg, down 1.25 cents from last Monday. The morning session lost 1.25 cents on selling of nearbys in quiet trading. Prices were little changed from lunch-time levels in quiet afternoon trading with operators211 words
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Article112 1985-02-26 7 (cents/kg, 1-ton pollers) Morch 85 April 85 (current mth) (forward (nth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 166 50 168 SON 168 00 170 OON SSR 50 164 50 166 50N 166 00 168 OON MRELB Buyers Sellers Buyers Sellers SMR CV 209 50112 words
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Article287 1985-02-26 7 RAS prices (in S cents/kilo, FOB in bale*) NOON CLOSE Buycri Setlen Buyers Sellers Int 1 RSS Prompt Int 1 RSS Mor 85 161 00 162.00N 161.00 162 00N 165 25 165 75 165 25 165 75 Int 1 RSS Apr 85 170 25 170.75 170 25287 words
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Page 7 Advertisements
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Advertisement36 1985-02-26 7 mil)' A r N V X v f > 4 KaJTS t 4^ -fcto 4V/2. lurfc THE PAVILION INTER! CONTINENTAL SINGAPORE THE ADVANTAGE IS INTER CONTINENTAL THE PAVILION INTER CONTINENTAL I CUSCADEN ROAD SINGAPORE 1024. TEL *****8836 words
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FEATURES
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Article494 1985-02-26 8 "I CAN'T afford to get sick, much less see a doctor." This is a common belief among Americans who choose self-medication instead of a doctor. The expense of seeing a doctor usually worsens when policies for medical insurance expire and are coupled with mortgage494 words
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Article, Illustration769 1985-02-26 8 KEITH STAFFORD - By KEITH STAFFORD Reuter THANKS to its recent exporting successes, Japan has more money than it knows what to do with, and has embarked on a massive international spending spree. The country's major companies have started a wave of international investment in factories and office blocksReuter - 769 words
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424 1985-02-26 8 letter to the Editor DEAR SIR, I write to express my appreciation for our article "A word of caution in a world of risk", (BT Feb 16, 1985), which I believe reflects the plight of many in the business community who are424 words
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714 1985-02-26 8 FT ATTEMPTS by the Philippines to tap nuclear energy and reduce its heavy reliance on imported oil is proving too costly for the dollarstarved economy. The country's first nuclear plant, the construction of which began back in 1977, is still not readyFT - 714 words
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Page 8 Miscellaneous
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Miscellaneous1124 1985-02-26 8 w urn mm HIGHLIGHTS Opening Of Parliament By President Devon Nair ("Live" Telecost) 8.15 pm, followed by the President's Address 8.45 pm, Channel 5 Documentary The Cure? 8 pm, Channel 12 A report which looks at spinal cord injuries and the various experiments that are being carried out to find1,124 words
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Miscellaneous707 1985-02-26 8 TOIHEMOS SOSSMOMD CRYPTIC PUZZLE ACROSS 3lt associates with a witch of mob, possibly (5) 8 West Country wench? (5) 10 The sort of art the fancy fancied (5) 11 Standard colour (3) 12 Playful robbery? (5) 13 Detain everybody with a bag (7) 15 Was a bit testy at the707 words
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SPORTS
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512 1985-02-26 9 WALTON MORAIS - By WALTON MORAIS THE SINGAPORE PGA golf show hits the road again today, making a stop at Sembawang where the second segment of its innovative monthly medal competition will take place. Following the Sembawang Club committee's last-minute offer of its course as venue,512 words
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Article141 1985-02-26 9 AP ENGLISHMAN Derek Bell, making a daring move with just five minutes left in the race, drove his Porsche 962 prototype past Darin Brassfield's Chevrolet-March 85G and went on to win the Lowenbrau Grand Prix in Miami on Sunday. Bell, who drove the last halfAP - 141 words
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504 1985-02-26 9 AP MARK MCCUMBER outlasted challenges from Jack Nicklaus, Tom Kite and a palm tree on Sunday and, with a hard-won 71, scored a one-stroke victory in the Doral-Eastera Open golf tournament in Miami, Florida. McCumber, a stocky little man who hasAP - 504 words
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Article, Illustration408 1985-02-26 9 New Jersey rookie stars in USFL opener AP DOUG FLUTIE, the New Jersey Generals' US$7million rookie quarterback, played his first pro football game as his club opened its United States Football League season on Sunday at Birmingham, Alabama, but he didn't complete his first pass untilAP - 408 words
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Article, Illustration661 1985-02-26 9 IF THERE were any lingering doubts about Dr Carter's health and fitness, they have been put to rest. The four-year-old colt romped home to a slow, but satisfying three-length victory over Key To The Moon on Saturday in thoroughbred racing's winter handicap championship,661 words
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Page 9 Advertisements
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Advertisement656 1985-02-26 9 NOTICES THE MNK OF EAST ISM, LIMITED NOTICE SIXTY-SIXTH ORDINARY YEARLY GENERAL MEETING NOTICE IS HEREBY GIVEN that the Sixty-sixth Ordinary Yearly General Mpetine of the members of the Bank will be held in the Connaught Rooms, The Mandarin Hotel, 5 Connaught Road, Central, Hong Kong on Monday, Ist April,656 words
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Advertisement838 1985-02-26 9 notices M THE MATTER OF T>£ COMPANES ACT, CAP. 185 AND GOLDEN PAGODA INDUS TRES PTE LTD NOTICE OF RESOLUTIONS FOR CREDITORS' VOLUNTARY WINDING UP (Pursuant to Section 254(2)) At meetings of members and creditors of Golden Pagoda Industries Pte Ltd duly convened and held at 9 Penang Road *12-00,838 words
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INTERNATIONAL COMPANY NEWS
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182 1985-02-26 10 Reuter MOBIL CORP shareholders have overwhelmingly approved four management proposals designed to deter attempts at hostile takeovers of the second-largest oil company in the US. Chairman Rawleigh Warner told a special shareholders meeting the proposals won "easy approval" of the 85 per cent ofReuter - 182 words
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Article62 1985-02-26 10 AFP BRITISH AIRWAYS has given creditors of Laker Airways a further month to agree to an out-of-court settlement proposed by the 10 major airlines being sued in the US for damages of £1 billion by Laker's liquidator. Laker went bankrupt in 1982. Its chairman, Sir Freddie Laker, accusesAFP - 62 words
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639 1985-02-26 10 NYT CARL ICAHN, the New York multimillionaire who is trying to take over Phillips Petroleum Co, is negotiating with one or more companies seeking to "become deeply involved" in buying Phillips. Wall Street sources have said that the most likely candidate isNYT - 639 words
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Article541 1985-02-26 10 NYT THE PACIFIC Stock Exchange (PSE) would become a wholly-owned subsidiary of the New York Stock Exchange under a proposal that members of both exchanges are being asked to consider. The link could be the first step towards establishing the big board as the drivingNYT - 541 words
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Article984 1985-02-26 10 THE STOCK market opened easier in quiet trading yesterday, with the continuing slide in sterling against the dollar subduing activity, dealers said. At noon, the FT-30 index was down 6.9 points at 968.3, while the FT-SE 100 fell 7.5 at 1261.4 Among leading issues BTR shaded 3p to984 words
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Page 10 Advertisements
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Advertisement392 1985-02-26 10 um jLtfiTv r< ce Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. Special business lunch at $16 +f each and $20++ each (min. 2 persons). Over 50 a la carte specialities are also available. jHAP FURAMA SINGAPORE HOTEL 10 Eu392 words
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Advertisement161 1985-02-26 10 Ffeng Cheng Lou Teochew v Restaurant for the best Teochew delicacies In town. Discover our famous dian-xin, > delicious steam-boat Teochew porridge and other mouth-watering delights prepared by hong Kong chefs. And feel like royalty while C you dine in Oriental splendour. Open daily from: 11.00 am 3.00 pm for161 words
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ASIAN STOCKS
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Article365 1985-02-26 11 HONGKONG: Share prices finished sharply lower yesterday on heavy selling pressure in moderate trading. Institutions as well as small investors lacked incentive to buy. The Hang Seng Index lost 46.01 to 1,389.16. Turnover was HK5427.74 million compared with the $346.30 million for last Tuesday's half-day trading. Cheung Kong held365 words
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Article126 1985-02-26 11 BANGKOK: Stock prices closed mixed in quiet trading yesterday. The Book Club Index fell 0.30 point to 124.93 but turnover jumped to 784,472 shares from 165,140 on Friday. FEB 25 Aokhom Thoi Asio Fibre Ayulhoyo Inv And Trust Bangkok Bonk Bank Of Ayudhaya Ltd BoJits >33 204 127 -1126 words
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Article369 1985-02-26 11 TOKYO: Speculative buying led the morning market average to a record high 12,209.11 yesterday and the firm tone was maintained throughout the day to end at a record high closing 12,201.04, up 29.12. Turnover was 260 million shares compared with 180 million in Saturday's half-day trading when the average369 words
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Article95 1985-02-26 11 MANILA: Share prices closed generally lower in quiet trading yesterday. The Commercial and Industrial Index eased 0.38 to 113.97 and Mines were down 4.25 at 735.34 but the Oil marker was unchanged at 0.604. Pesos Oriental B Phil Over*eo» Philex B 001 unch 0008 unch ***** unch 0 00195 words
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Article403 1985-02-26 11 SYDNEY: Share markets recovered yesterday from their morning lows to close firmer overall with heavyweight resource issues leading the way on the back of the weak Australian dollar. Near the close, the All Ordi- naries Index was up 1.4 points at 787.5 points, the All Industrials Index was down403 words
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Article65 1985-02-26 11 Feb 25 Won 600 Hyundo) Const Hyundai Motof K A L 910 575 521 +4 -4 unch 595 4 675 3 670 1787 28 470 15 368 18 435 -5 665 8 550 2 778 -1 Dong Ah 525 670 >10 14 Sormung Eke 810 1275 unch -25 Hood65 words
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Article103 1985-02-26 11 AFP BOEING, which produces 60 per cent of the world's commercial jet aircraft, has concluded deals with several Japanese companies for the manufacture of parts for its latest models. A report by the US National Academy of Engineering says that the West European consortium Airbus-Industrie is aAFP - 103 words
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Article56 1985-02-26 11 Reuter THAILAND'S National Petrochemical Corp (NPC) will seek a U*****.5 million commercial loan next August to finance its planned $350 million olefins plant project in south-east Rayong province. NPC shareholders, including state-owned Petroleum Authority of Thailand and International Finance Corp, will invest another $87.5 millionReuter - 56 words
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511 1985-02-26 11 Reuter A 100 million five-year Euroguilder bond issue being placed by Honda Motor Co this week breaks new ground in the Dutch capital market. The indicated terms for the issue include a coupon of 3 7 4 per cent at a par issueReuter - 511 words
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Article91 1985-02-26 11 Reuter SEVEN foreign companies have acquired a total of 160,000 shares worth 4.36 billion yen in Dainichi Kiko Corp, a Japanese factory automation equipment maker. A Dainichi spokesman says the companies include Baring International Investment Management with 40,000 shares, Royal Bank of Scotland PLC withReuter - 91 words
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Page 11 Advertisements
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Advertisement63 1985-02-26 11 i? w new menu. *|i^\^VRIETY DELIGHTS TO FILL ANY APPETITE Lunn COFFEE HOUSE 2nd Floor <§^il 7 J Apollo Singapore 405 Havelock Road Stngapofe 0316 Tel *****81 tefleeUm «f ekiM -Saladi and \cjhshin<) jukesEnjoy crisp, cool salads of beef, seafood, chicken, mushrooms served with different dressings. And a refreshing choice63 words
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Advertisement85 1985-02-26 11 R.i Z'j I,M<iiri• 2£.Play us your blues, your old time jazz, your contemporary best You've played with the greatest, so come on, now play it just for us! 4 VSmging slow ballads, evergreens and the latest hits in 6 languages. Enjos complirncntarycanaixsat 11pm. <T I Edmund Tan entertains 50 drecount85 words
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Advertisement103 1985-02-26 11 PH Level 5. Peninsula Hotel irw i"i > V, PNrM.- 4 i i i *4 4 New plush interiors which conjure up an entirely different atmosphere. Plus our warm hospitality and a menu of local and continental favourites that aims to please you... 24 hours a day Daily Set Lunch103 words
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Advertisement242 1985-02-26 11 he BEEFEATER 'Ui ■r*4 J** Mr If yM'n hMDMiek Londoner, that's it If ynn're nnt, try it Ynt kMM my fram hMK to fat tkis emy ewnr mtmttei fhre stscsy Mgk «ff buy Orcfcartf Bead. Wlm vu it wh« wrate, "F*r frwa tfce msitog erawd"? Well take yea im wwy242 words
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Advertisement98 1985-02-26 11 HONG KONG DIAN XIN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. m*; •Avariable from llam 3pm 6pm 11pm m 0 k MiMflii/. MT*f 11 1 19 Cairnhill Circle Singapore 0922 TO: 734 6622 o«tsMe CBO rM ii M restaurant u m98 words
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SHARE INFORMATION
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Article, Illustration4178 1985-02-26 12 INVESTORS were treated on the first trading day of the Year of the Ox to a rising market and the dazzling performance of Kentucky Fried Chicken (S) Ltd's shares. Once again, dealers, analysts and investors watched with disbelief as the counter surged ahead4,178 words
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Article250 1985-02-26 12 SINGAPORE Rises Indices Kentucky Sporo 452 Soionoor Drodg 500 Mow >or 240 Metro HWtgt 312 0 S 595 Pnm 520 C C 316 Sporo Load 297 Potolotg Gd 50« 141 Lao Km Toh 50« 136 CCM 452 Falls Sotoros Ros 162 Indtcopo 246 Strorti Trodng 444 Soo250 words
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Article463 1985-02-26 12 THE FIRST trading day of the Year of the Ox ended on a mixed note at the Kuala Lumpur stock market yesterday. Although share prices opened impressively, there was no follow-through support in the afternoon session. Trading remained selective and somewhat quiet as many463 words
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Article2693 1985-02-26 12 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".2,693 words
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Page 12 Advertisements
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Advertisement8 1985-02-26 12 Business dons on ths KLSE Bss page 138 words
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COMPANY NEWS
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475 1985-02-26 13 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN TAKING its first step into the financial services sector, Malaysian Tobacco Company Bhd, the cigarette company, is to buy a 35 per cent stake in Arab-Malaysian Insurance Bhd from Arab-Malaysian Merchant Bank Bhd (AMMB). The cost of the stake475 words
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Article69 1985-02-26 13 THE SECOND annual interest on Uattod Overseas Land's $150 million 8 per cent convertible unsecured loan stock 1983/1993 for the period April 1, 1984, to March 31, 1985, will be paid on March 31 to loan stock holders registered on March 16. The transfer books and register of69 words
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Article1857 1985-02-26 13 BID and offer prices officially listed and business In and reported to tbe Kuala Lumpur Stock Exchange yesterday, with tbe number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. ■CUSTOMS A Choc (2.845) AISB (3.846) (1) 3.88 Ajjwowoto (3.705)1,857 words
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217 1985-02-26 13 SWEPT BY wild rumours and speculation, the shares of Kentucky Fried Chicken (S) Ltd once again put on an inspiring show at the Stock Exchange of Singapore yesterday, gaining a hefty $1.08 to dose at $4-52. The market was seething with all sorts of speculation217 words
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738 1985-02-26 13 CHAN OI CHEE - By CHAN OI CHEE BASED ON the assessment given by financial advisers, the independent directors of Singapore Glass (1974) Ltd have recommended that minority shareholders vote in favour of the company's proposed acquisitions of Parkway Properties and Parkway Land. Singapore International Merchant Bankers Ltd,738 words
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Article153 1985-02-26 13 THE AYER MOLEK RUBBER Compaay Berkad: 17th AGM at the No. 22, Jalan Hang Jebat, Malacca on Feb 26 at 11.00 am. GOODWOOD PARK HOTEL Ltd: 37th AGM at the Tudor Ballroom of Goodwood Park Hotel, 22 Scotts Road, Singapore on Feb 27 at 11.45 am. HOTEL MALAY8IA153 words
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Article208 1985-02-26 13 Sscond ffputro Third B'putro Fourth o putro 494 4.99 399 4 04 4.42 447 Singapore Unit Trust Tha Commarc* 222 2 36 Tha Sovings Fund 1.59 1.69 S'pora Prog Fir»d 0.95 i .01 S'pora Sac. Fund 1.40 1.48 S pora Invast Fund 0.97 103 S'pora Equity Fund 0.95208 words
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Article94 1985-02-26 13 HONGKONG Friday 1162.6 Week ago 1187.9 Hang Seng Index Monday 1389.16 NEW YORK Friday Closed Dow Jones Week ago 1427.18 Friday 1275.84 TOKYO Thursday 1279.04 Week ago 1282.02 Tokyo Dow Jones Stondord and Poors Monday *****04* Friday 179.36 Saturday Thursday 180.19 Week ogo *****.15 Week ago 181.60 TSE94 words
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Page 13 Advertisements
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Advertisement355 1985-02-26 13 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 PURSUANT TO SECTION 254<2Xb) AND IN THE MATTER OF ENG SIONG HOLDINGS (PTE) LTD. At an Extraordinary General Meeting of th£ above named Company duly convened and held at 6001 Beach Road, #12-01 12-11 GoWen Mile Tower, Singapore 0719 on355 words
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Advertisement46 1985-02-26 13 A DICTIONARY OF MANAGEMENT Over 4000 key words, principles and techniques of management practice are defined. Coverage extends to include law, economics, statistics, government and psychology. Explanations are clear, jargon-free and concise. Available at af Good Bookshops IfiTimes I LI Distributors =5* JLL jlla .v v-.46 words
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Advertisement336 1985-02-26 13 (Incorporated in the Republic of Singapore) INTERIM REPORT FOR THE SIX MONTHS ENDED 31ST DECEMBER 1984 I The unaudited results of the Company and of the Group for the six months ended 31st December 1984 are as follows: HALF YEAR TO 31ST DECEMBER Group $'000 84,466 3,010 Company $'000 16,394336 words
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591 1985-02-26 14 JOHN LIM - Works first published in Britain entitled to protection in Singapore By JOHN LIM Industrial Correspondent A MAJOR OBSTACLE in the legal battle against copyright infringement in Singapore was cleared yesterday when a High Court judge ruled that works first published in Britain591 words
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425 1985-02-26 14 LOH HUI YIN - By LOH HUI YIN SRI LANKA is still an attractive place for Singapore businessmen to invest in despite the political problems there. This assertion was made by Mr W S Nanayakkara, director of the International Economic Cooperation Division, who is here to persuade425 words
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363 1985-02-26 14 Reuter THE JUDGE in the Benigno Aquino murder trial yesterday ordered the family of the man named by the military as the opposition leader's killer to show up in court or face contempt charges. Judge Manuel Pamaran ordered the family of Rolando naiman toReuter - 363 words
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122 1985-02-26 14 Reuter CATHAY Group, one of Taiwan's largest conglomerates, is seeking to reschedule its debts with its mostly local creditors, a Cathay spokesman said. He said some of the group's more than 80 affiliate companies are facing cash flow problems, but declined to sayReuter - 122 words
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220 1985-02-26 14 OVERSEAS Union Bank has set up its second representative office in China to help promote its local clients' trade and business there. Located in Shenzhen, one of China's most successful Special Economic Zones in Guangzhou, the new office will also try220 words
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432 1985-02-26 14 LISA LEE - By LISA LEE "REAL estate will remain the best form of investment," said the new president of the Real Estate Developers' Association of Singapore yesterday. Mr Teo Tong Wah, also a director of the Tong Eng Group, sounded this optimistic note432 words
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174 1985-02-26 14 DBS BANK has advised the public to be wary of bogus fund raisers who use the bank's name to solicit funds for charitable functions allegedly supported or organised by the bank. The confidence tricksters also solicit funds for advertisements in DBS Bank174 words
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Article66 1985-02-26 14 THE stock market yesterday continued a slide that began more than a week ago. The Dow Jones Industrial Average in the first 15 minutes of trading was down 5 '/2 points to about 1270. Overall, losers were ahead of gainers about four to one. Volume was eight66 words
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354 1985-02-26 14 UPI Reuter THE US dollar, still buoyant after last week's records, touched new highs on world money markets yesterday, spurred by President Reagan's pledge not to intervene to stem its rise. Gold eased to a s'/2-year low of US$29O an ounce. In London,UPI; Reuter - 354 words
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291 1985-02-26 14 UPI THOUSANDS of Rice Paddy Babies, Hongkong's answer to the Cabbage Patch Kid, are voting with their feet on the territory's future and setting up home in the US. The doll's manufacturers, Hongkong-based Startram Ltd, announced yesterday that more than 250,000 babies haveUPI - 291 words
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LATE FILE
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Article62 1985-02-26 14 AP JUST UNDER 3,000 miners abandoned Britain's nearly year-old coal strike early yesterday in a record-break-ing surge that management said spelt the beginning of the end of the bitter, often violent dispute. The figures show the biggest one-day return to work since the walkout beganAP - 62 words
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Article51 1985-02-26 14 UPI JAPAN spends much more on defence than is generally recognised. Leading military expert, Reinhard Drifte of the International Institute for Strategic Studies in Geneva, said yesterday the Japanese defence budget would be 1.5 per cent of its gross national product if Nato's accounting methods were used.UPI - 51 words
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49 1985-02-26 14 AFP THAI navy ships may soon be able to make port calls in China, said navy chief Admiral Niphon Siri thorn yesterday after talks with visiting Chinese deputy navy commnder Admiral Fu Jize, who is in Bangkok on an eight-day visit. AFPAFP - 49 words
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Article56 1985-02-26 14 AP THE Beijing Women's Association will invest U5535.7 million to fofm a taxi company and build two hotels in Beijing to improve services for women and the aged. The Anle (Safety and Happiness) Taxi Co will start business on March 8 and give priorityAP - 56 words
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Article44 1985-02-26 14 Reuter SOVIET Foreign Minister Andrei Gromyko arrived in Rome yesterday for a threeday official visit. Mr Gromyko begins talks today in which be is expected to play on European reservations over President Reagan's plans for space weapons. ReuterReuter - 44 words
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Article35 1985-02-26 14 Reuter BRITISH export orders are continuing to improve with the weakness of sterling and are now at their best levels since 1977, said the Confederation of British Industry yesterday. RenterReuter - 35 words
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Article37 1985-02-26 14 Reuter SENIOR Indian Labour Ministry officials yesterday started talks with union leaders and management to end a weeklong clerical strike that has crippled the country's busiest port and Bombay International Airport. ReuterReuter - 37 words
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Page 14 Advertisements
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Advertisement224 1985-02-26 14 XL&m&nmztm) UNITED OVERSEAS LAMO LIMITED INCORPORATED w TMI HE PUBL C OF SMGAPCHEI NOTICE TO: HOLDERS OF 8% CONVERTIBLE UNSECURED LOAN STOCK 1983/93 ("LOAN STOCKHOLDERS") NOTICE IS HEREBY GIVEN THAT:J. Pursuant to the terms of issue of the S$ 150,000,000 8% Convertible Unsecured Loon Stock 1983/93 ("Loon Stock"), the Second224 words
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Advertisement8 1985-02-26 14 Key witnesses fail to ehow up... page 48 words
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Advertisement161 1985-02-26 14 EW MEETING CHINA OFFICIALS 4-M, ma Computer China '85 Construction China *85 (TWO INTERNATIONAL EXHIBITIONS IN TIANJIN) In conjunction with the organising of the Computer China '85 (Sept 10-14,1985) and Construction China '85 (Dec 3-7,1985) exhibitions in Tianjin, China, three Senior Officials from the China Council for the Promotion of161 words
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Page 14 Miscellaneous
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Miscellaneous55 1985-02-26 14 vtuMim Outlook for today- Fair; showers in a few oreos in the afternoon. Report for 25 hours prior to 7.30pm on Feb 25 at the oirport: Maximum temperature 3^o Associated humidity 69 Minimum temperature 25^0 Associated humidity 90 Hours of sunshine 9.20 Rainfall in millimetres Trace Rainfall this month 73.755 words
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SHIPPING TIMES
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246 1985-02-26 15 SANKO Steamship has approached shipbuilders to ask them to postpone the delivery of a number of bulk carriers on order. The Kurushima Group has already agreed to suspend delivery of three 26,000 dwt bulk carrier newbuilding orders placed at Kanasashi for a year at246 words
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Article, Illustration363 1985-02-26 15 LINDA CHEE - By LINDA CHEE TAIWANESE line Cheng Lie Navigation will start weekly sailings in March, and plans are afoot for two more newbuildings in its Singapore-Thailand-Far East service later this year. Its independent full container service currently runs on a 10-day frequency with two owned363 words
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Article671 1985-02-26 15 Shipping Uw Pa B* Col thipptng Urn Pi C4 Afea VI 3 Frata Shpg VI 2 Ahrenkiel Liner V 4 Freight Links VI 4 Alpbatrons VI 4 Frota V 1 Andeka Shpg VM 1 Fujiwara Line IV 5 ANL 1 1 Gesuri Lloyd VI 5 APC Line671 words
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PORT SIDES
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Article122 1985-02-26 15 THE Australian Seamen's Union has asked for public support in its campaign for Aussie ships for Aussie cargoes. It claims that flag of convenience vessels which it has labelled as coffin ships, is carrying 45 per cent of the nation's bulk exports. A public fact sheet122 words
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Article120 1985-02-26 15 Reuter TWO conferences announced changes in their currency adjustment factors (CAF) resulting from currency value fluctuations, both effective from March 1. The Sabah, Brunei, Sarawak Freight conference said it will cut its CAF to 13.0 per cent from 15.0 per cent, while the Australian and New Zealand EasternReuter - 120 words
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262 1985-02-26 16 HYUNDAI Merchant Marine has designated Oakland as the exclusive northem Californian port of call for its trans-Pacific container service. This was announced by Mr H Wayne Goodroe, president of the Oakland Board of Port Commissioners. The five-year agreement was considered to be fairly262 words
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Article, Illustration274 1985-02-26 16 BURLINGTON Northern plans to buy 100 new, dou-ble-stack container rail cars and expand its eastwest container train service for international rail traffic. The new cars will initially operate six days a week in each direction between Seattle and Chicago. Transit time for the274 words
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345 1985-02-26 16 UPI A CHINESE delegation has briefed the Washington media and trade representatives on an ambitious plan to further develop and expand the northern port of Dalian into an international special economic and technical development zone. The project is one of the largest ofUPI - 345 words
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Article127 1985-02-26 16 Reuter THE state-owned Thai Maritime Navigation Co Ltd (TMNC) is seeking private partners to help expand its operation, Deputy Communications Minister Boothiem Khemapirat said. He said the company which suffered an estimated 30 million baht net loss last year, plans to use investments from private partnersReuter - 127 words
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Article1868 1985-02-26 16 SMALL gains for some grain chartering out of the US featured the freight market on Friday but fixing was generally on a small scale, shipbrokers said. Grain from the US Gulf to Japan paid U5514.75 compared with $14.50 previously and shippers agreed $28.50 for grain from the Gulf1,868 words
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232 1985-02-26 16 THERE has been an increase in offshore production activity as wells in more remote or marginal areas are developed. This is reflected in the 1964/85 edition of the Register of Offshore Units, Submersibles and Diving Systems, published by Lloyd's Register of Shipping. Submersibles, work232 words
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Article208 1985-02-26 17 PROSPECTS of settling the longstanding dispute between the Philippines and Japan before the March 10 deadline set by the Philippine government on the introduction of a waiver system in the log trade between the two countries appear very slim. Ryuzo Higuchi, chairman of the Nanyozai Freight208 words
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519 1985-02-26 17 UNITED States Lines aims to capture a 10 per cent share in all the trades served by its round-the-world service. This is less aggressive than many competitors had speculated and reflects the ability of the company's ships to serve a number519 words
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342 1985-02-26 17 FT BRITISH Petroleum intends to put five of its tankers under a flag of convenience for the first time to save on UK manning and fleet costs. The move is aimed at making BP Shipping, which has cut its fleetFT - 342 words
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Article250 1985-02-26 17 Fairplay FIFTEEN companies have indicated their interest in purchasing one or both the shipyards owned by Halifax Industries. This is disclosed by the receivers and managers, Coopers and Lybrand. The company was appointed receivers on Dec 12 by the Provincial government of Nova Scotia. Of these,Fairplay - 250 words
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Article190 1985-02-26 17 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.190 words
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Article, Illustration3768 1985-02-26 22 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.3,768 words
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Article620 1985-02-26 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location A New York Siri Bhum Family Ace Aram Khachat Pelopor Atrevida Toyama As Plutus Kansai P Maersk Rando Glauchau E Pioneer Hoog Pioneer White Star Sea Hawk620 words
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Article1818 1985-02-26 23 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies «S > Afro-Eura*ls Line Transgroup Si Ahrenklel Liner Ser\lee Kim Shpg < S> Alfred f Taepler Oceanus Shipping Agen cies (Si Marinlex Enterprise >PKI Alpac Inirasea (Si Biniang Shpg (KLi1,818 words
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Article491 1985-02-26 24 March 4 Single well oil production ships, 1730 hours, joint RINA and Institute of Marine Engineers meeting, 76 Mark Lane, London EC3. March 11 Multicore undersea pipeline technology, 1730 hours. Institute of Marine Engineers meeting, 76 Mark Lane, London EC3. March IMS Marine Pollution, Lloyd's of London Press491 words
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Article420 1985-02-26 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES G Ocean 47 Barber alongside 262.85/0600 Haussman 46 Seallon alongside 262.85/0600 Ho Lung 6/7 NTY alongside 262.85/1500 Lu Yun 37/8 Y Fung alongside 262.85/1500 Crest VIII 35/6 Borneo 25.2.85/0600 252.85/1500 Gen Bocharov 15/6 SinSov 25.2.85/1830 262.85/1800 F'furt420 words
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Article659 1985-02-26 24 WORLD sales of tankers and combination carriers (or demolition has reached a total of over 4.2 million tonnes so far this year, thanks to a burst of activity in tanker scrapping over the last two weeks. At present paid prices, and with the rate of sales still increasing,659 words
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Article325 1985-02-26 24 AFP ALTHOUGH prospects for an early significant improvement in tanker conditions remain slight, previous levels of activity and rates were maintained in places on the market last week. In the Gulf states area, a multi-tier rate structure developped whereby vessels loading at Sirri Island, Iran's floating berth offAFP - 325 words
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Page 15 Advertisements
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Advertisement277 1985-02-26 15 A CHINESE delegation hat briefed the Waahington media and trade representative* on an ambitious plan to develop Dalian port II UNITED Statee Lines aima to capture a 10 per cent ehare in all the trades aerved by its round-the-world service 111 LONDON Freights CONSORTIA "I SHIPPING Schedule VIII/IX WEATHER Mop277 words
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Advertisement263 1985-02-26 15 RS 254 19 •1 EXPRESS FULL CONTAINER SERVICE ARAB EMRATE FROM JAPAN TAIWAN lIOM. KO\(, TO \RARI \N (,l LF RKI) SKA 16: 1) Acccptinf LCI to al Arabian Gt4f ports. 2) Through Bl of Ladhg cargo to al major "totd points indudnc Iraq via Kuwait and My** via Darnmam263 words
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Advertisement1019 1985-02-26 15 B ALT-ORIENT LIKE Baltic Shippinc Co Rtfite Sanfcas km South East tab to United ttnfdom and North Continental Nrts Agent: Singapore Soviet Shipping CoPteLtd Telt *****3 f MAERSK LINE XPORT TO USA; EUROPE. MIDDLE EAST. WEST AFRI iTiirv- 1 LAUST MAERSK SWGAPORE CIOSMG IHMCS Ct X 2 0300HRS 25 21,019 words
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Page 16 Advertisements
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Advertisement394 1985-02-26 16 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Waat Pacific North Waat Faadar at Tokyo Faadar at Kobo Mother VSI LA/LB OAK Mother YSI SAT VCR ZEELAWtA 25/3 20/3 WRARW M 1/4 2/4 A. VESSEL 27/3 30/3 S. BEISHI 10/4 11/4 Atlantic/Canada Faadar at Kobo Mother ttl N394 words
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Advertisement318 1985-02-26 16 upercarrier Service I Win NEXT ARRIVALS BARBER MARA 2/1 BARBER TONSBERG 12/3 BARBER TEXAS U/3. BARBER PERSEUS 27/3 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 9/4 11/4 12/4 10/4 10/4 17/4 15/4 23/4 20/4 27/4 25/4 3/5 5/5 4/5 1/5 12/5 tAha acceptng cMtn tar Hwton (MJ). I.318 words
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Page 17 Advertisements
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Advertisement712 1985-02-26 17 ■TV The Straits ms am Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Mansfield Container Shipping Pte Ltd QC!L Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT KASUGA MARU io*io eipress CARDIGAN BAT OSAKA BAT iivtmxx BAY TOKYO BAY KIT ADO MAftU THAMES MARU an or712 words
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Advertisement580 1985-02-26 17 Franco Belgian Services Fa t y* rv 4 mi cowmp stno to anon Be 9 *uin >'ur Eiiitrr-* L t«U4 MIETEH.MCX sfwn st as ma KOKAN MCEJH nuMsnmo ms OM CONTMO I*** STOK Pj(QJMCIMtam I'ta F'Staw Hh TMNSMOMO MD atom okf KOKAN CHANCf HONGKONG CONTA CHARGFURS HAVRAISE MEDEX l INF580 words
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Page 18 Advertisements
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Advertisement532 1985-02-26 18 W) mjmg p Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandharia, Med, Carribean IS. America Hand hatdage to Mand destinations in Europe i Spore P Kelani Penary leiioes B4>ao Genoa H'but{ Rdam B'luven Antwerp IBM TOUNUS 19/3 22/3 24, 3 17/4 20/4 23/4 Tokio Eipress Tokio Eipress Tokio Eipress Cardigan532 words
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Advertisement321 1985-02-26 18 FULLY CONTAINERISED SERVICE TO EUR Oft VIA SUEZ "1 o) the Ac t ConwtMn M»( TFRIINCK SEKN SCAS BRDGE 49W KOREAN JACFHN TRANSWORLD BRDGf ?4W CHINA CONTMWR ?9* At SO LOADING (OK BfUM(KMAVFN TRANS WORLD BRIDGE 23t ORKNTAI CHIEF 42E KOREAN CHANCE 201 P K rianf Spore HKonj Kjoitwif Bus321 words
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Advertisement374 1985-02-26 18 THON6 SOON ACENCIES PTE. LTD #09-07. ROBIN A HOUSE. SPORE 0106 TEL: *****88. TELEX: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG JENSON KIM SOON LI DESTMATION Penang Penang SINGAPORE TO KUCHING SINGAPORE TO SABAH PORT •BWLDER HI In Port 1 Mar K Kinabalu 7 Mar 9 Mar K374 words
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Advertisement860 1985-02-26 18 o EVERGREEN Full Container Service "1 Round-The-Worid East Bound Service (FE/CARIB/USEC/EURO/W MED./FE) *1 SO ACCEPTMG CARGO TO 1) PROVWENCE NFNARK SAVANNAH BOSTON PNLAOELPNA. NORFOLK IACKSONMLU WHMMGTON ETC 3) CRISTOBAL BALBOA PANAMA CUT COLON SAN AJAN SANTO 2) ATLANTA CMCAGO 0(1001 T COLUMBUS t OTICR MAJOR MCROBRDGE OESTMATIOWS 0,1 tMC HOUSTON860 words
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Advertisement202 1985-02-26 18 mSINOSE MARITIME PTE LTD fin ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Singapore Lnfcf tar 5/3 B. Abbas. B. PORT KEIANG PtNANC, SWOSE MARITM PTt LTD TEL *****44/7 *****70 MAIOSf MARITME SON BHD Td *****2 3 MALAYSIA TRAM i TRANSPORT LTD Id ***** t ***** TO PAPUA NEW GUINEA/202 words
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Page 19 Advertisements
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Advertisement873 1985-02-26 19 v\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 EAST AFRICA/RED SEA SERVICES VESSEL KOTA SINGA KOTA PUSAKA KOTA WANGSA KOTA WIJAYA KOTA SALAM VOYAGE E-SSI E-553 E -555 E-557 E-559 HONGKONG SINGAPORE LOADING FOR MUKALLA. HOOEIOAH. JEDOAH. AOABA ADEN. HODEIOAH, JEDOAH. AOABA. PT SUDAN.873 words
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Advertisement720 1985-02-26 19 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE STRMTS I [UROPE EUROF* STRMTS FROM t UROPE HAM B HAVEN R OAM HAVRE UK PKELANGSPORE FOR Tokn Cipress SaM SaOed Sa*d Safed Sated 21 2 2/3 HKG TON Carifcfan Bay Sated Sated Sated Sated SA4 10/1 12/3 HKG IWN Osaka Bay Sated720 words
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Advertisement623 1985-02-26 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pore Service Ful Container Vessel. Busan Yokohama Koto* Kaohuunf HontkonjS pore I|Priot <*») COW* ¥17 HB 24/2 27/2 20/2 3/3 5/3 «/3 J/3 WEST BOUND Spare Hwy Amsterdam HWj Antwerp PAIfMBANG 9-13/3 5/4 t/4 11/4 17/4 ISAMUDI OA) Span 84bao London Bremen Adun623 words
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Advertisement514 1985-02-26 19 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR (Burmese National Line) Loadng for Rangoon Spore P.Kriant Penanf 25/27 Feb 23/24 Feb 26 Feb/ 3 Mar 26/27 Feb 10/12 Mar \s& BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG MEADOWBANK 4 Mor 1 Apr 5 Apr 8 Apr IVYBANK514 words
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Page 20 Advertisements
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Advertisement1271 1985-02-26 20 «J IV LINE —KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FIEOCR *Sl MOIHER *Sl STOW PKIC PNG SPORE NAGOYA GUAYAGUII CAIUO ARICA IQUQU AfAGASTA S ANTONK) VALPARAISO MONTE RUBY *27 St* EXPORTER *5*14 6 Mai 7 Mai 9 Mar 10 Mai 21 Mar 25 Apr 29 Apr 3 Ma» 4 May I1,271 words
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Advertisement640 1985-02-26 20 sj a J CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE I. .ml, I. 10 AN,Hi 'AN IkANUSIO SI AUK TAIUMA VANCOUVIR b i A. i titiiy 111 ICI Container-, I'Cr.m. Wapurr I A"i>" BHAVABHUTI I/? Mar 21 Mar AUSTRALIA EXPRESS CONTAINER SERVICE A.,'fin. 11l (CI Cunti.i*r, loading lor Kobe Yotonama640 words
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Advertisement436 1985-02-26 20 SANKDASIA FROM JAPAMCSE «>ATS AND HONGKONG 1 SANKO SCORPIO 2 OCCAM RMNBOW 3. YAMASUQ MARU 4 FUKUZAKI MARU 5 REGENT RUTH 6 UMON TRADER 7 EDO MARU Sn(apore 6/7 Mat 9/11 Mai 11/13 Mar 13/15 Mar 11/20 Mar 23/25 Mar P.Keiartf In hrt/2C Feb 4/5 Mar 12/14 Mar 14/15 Mar436 words
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Advertisement544 1985-02-26 20 INTRASEA (PTC) LTD 10 Anson Road »27 16 International Pia*a Singapore 0207 Tel *****11 flOLmesl VMASIA-UVt o BREAKBULK SERVICE TO EUROPE/UK SAN EDUARDO *****02 S pore P Ketone LoxSnj tor 6/3 11/3 ROTT/ANT/U*. (AVON) SEAWOOO SHIPPING CORPORATION Spore NORTHERN VALLEY Saied Loidmj far: leddah/MontMcom Afenti Singapore HIRASEA (PTE) LTD BOOKMG544 words
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Page 21 Advertisements
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Advertisement645 1985-02-26 21 TO EUROPE/UK (VIA SUEZ): MAETERLINCK 5W+. S S BUDGE 49W K JACEJM 28W TW BRDGE 24 W C CONTAINER 29W K CHANCE 21W Also accepting cargo to/from Scandinavia MAETERLINCK S'pore Closing Times: FCL Cargo 0400 3/3 LCL Cargo 1600 2/3 FROM EUROPE (VIA SUEZ) Tokyo 14/3 19/3 28/3 4/4 8/4645 words
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Advertisement590 1985-02-26 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN. INCHON Sparr MIN 2/3 M2N 0/3 15/3 M2N 21/3 SPi*t »UNIS NfPTDNI ACINOUS PH I TO Ift ?7*<W7' 7«54 14 ih.nt.rns I ???7bio *****2.' Op*«jtw«t ??05,>84 (I'rinnal I ***** M) ??0?S04 (CfSl MCHON BUSAN 20/3 15/3 4/4590 words
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Advertisement687 1985-02-26 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELANG ft HANG M/S SHARK AT NAH SOON SON. BH> IST AND 2ND FLOOR MESSRS HAJ THONG SHTftB687 words
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Advertisement42 1985-02-26 21 SIM SWEE JOO SHIPPING SDN BHD EXPRESS TO BINTULU P. KeUnt P« StMEE LONG SATU 71 28 Feb RBUAN JAM Yty 44 4 Mar Kudint. Sfcu, Bnhfc, Mm Agents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6/7 K.L. *****7 *****1 Penang ***** j42 words
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Page 22 Advertisements
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Advertisement569 1985-02-26 22 7S l?C4|i«nal Container Miics >|| 3 Sailings Weekly KCL Reliable Regular Punctual Berthing P S.A Mon, Wed Sat HINODE KISEN CO. LTD SINGAPORE ISLANDS LINE FORTMGHTLY FULL CONTAINER SERVICE to oaort OJWOttU 2/85 POTSDAM 2/IS cmitjcnmi 3/ss STORE ANTWERP 27 Feb 22 M* It Mar 10 Apr 27 Mar 20569 words
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Advertisement38 1985-02-26 22 FARGO SHIPPING COMPANY (PTE) L TD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK 3 SAILINGS WEFMY Mon-Fri 9am 5 30pm Saturday 9am 12.30pm eid. Sun I Pub hob. 7B Keppcl Road 17-07 Tartjong Pagar Comple* Singapore 0208 Tel *****77 *****88 *****5238 words
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Page 22 Miscellaneous
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Miscellaneous150 1985-02-26 22 n Regional Weather i/r /<>* A it o I w > Va rm 1 i'i I t* m 3f*S I s II c a m Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather150 words
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Page 23 Advertisements
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Advertisement120 1985-02-26 23 m MBC AGENCES K. LUMPUR P. KELAMG PENANG P. GUDANG I. BAHMNJ LEOSHT SPOKE 42S0SS/*****6/*****1/*****3 3171U/4 TERMNAL *****1/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 22SSSS/*****1/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE 10 E«WE FROM HWOft EUIEM 1 M3CTJ JMEMiJSa F7TMfTTMEZ3ME3i [IBM IBM EOMSIM ***** 'MBamM rf B1 rv.'.v-y tH2i ESM EM EM M SZM m120 words
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Advertisement261 1985-02-26 23 WLICORNk j};y_i.g■: j •«js .1 ii f'ft'TTi.TT J i r 1 1' HAIDIA (CALCUTTA) KV3 M/V HAUSSMANN V3LSS M/V ANJOU V4ISS M/V ARMAGNAC Scan Dutch 9 To Europe (Med/IJK/NC/Scan) B Butane SM B Butane 27/2 B Butanj 6/3 B Butane 12/3 B Butane 19/3 B Butane FE P. KELANG B261 words
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Page 24 Advertisements
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Advertisement49 1985-02-26 24 Are you making full use off the Shipping Times as an effective selling medium? Tel: *****11 Ext 2658, 2657 Times House 390 Kim Seng Road Singapore 0923 For further enquiries coll Shipping Times Tel: *****4 Ext. 804 or 826 Financial Publications Sdn Bhd 31, Jalan Riong. Kuala Lumpur 22-0349 words
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Advertisement328 1985-02-26 24 Mitsui OS K Lines Lid CONVENTIONAL/SEMI-CONTAINER HEROINAE ALTAI MARU GLORIA PEAK 5 Mar Mombasa, Daressalaam. Beira. Tamatave 19 Mar Mombasa, Daressalaam 25 Mar Port Louis. Reunion NEDLLOYD MANILA 4 Mar Apapa, Monrovia, Abidjan, Lome. Douala, Tema EARNEST VENTURE 8 Apr Monrovia. Abidjan, Lome. Apapa, Douala, Tema Also Accepting Contrs to328 words
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