The Business Times, 5 March 1985
1985-03-05
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The Business Times
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Title Section12 1985-03-05 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, MARCH 5, 1985 60 CENTS12 words
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290 1985-03-05 1 FOREIGN EXCHANGE earnings growth has been rising steadily over the past few years and reached a high of 7.5 per cent last year. With foreign exchange earnings from exports totalling $14.6 billion last year, up from $13.5 billion in 1963, and a slower growth in290 words
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266 1985-03-05 1 "POOR" EMPLOYERS had their case heard in Parliament when* members made repeated calls to suspend Skills Development Fund levies, abolish payroll taxes and not to raise Central Provident Fund contribution rates further. A call for the SDF to reexamine its role in266 words
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792 1985-03-05 1 ZHOU MEI - Economy up B.2pc despite slowdown in second half By ZHOU MEI Economic* Correspondent SINGAPORE'S economy came out of 1984 with a provisional growth rate of 8.2 per cent despite a loss of momentum in the second half. This was an improvement on last year's 7.9792 words
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493 1985-03-05 1 THE PICK-UP in world economic growth detected in 1983 accelerated healthily last year. Global trade was up 8 per cent last year, the highest since 1976. The OECD countries notched up 4.8 per cent average growth, their best effort in eight493 words
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Article, Illustration90 1985-03-05 1 BUYERS naked the Singapore stock market ap strongly yesterday, resaltiag la share prices finishing higher far the eighth eeoaeeatlve session. Volume was exceptionally heavy, with 28J million shares changing hands, aa indicator ef the tremeadeas momentum of the rally. Beaasaa given for the strength of the rally raaged90 words
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Article399 1985-03-05 1 YAP BOH HOON - By YAP BOH HOON THE shareholding structure of the developer of the proposed four-hectare family entertainment park on Sentosa has changed but this is not expected to affect the project. Last September, BT reported that Hongkong-based Castle Park International, a joint venture between Malibu399 words
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105 1985-03-05 1 A REVIEW will be carried out in two years' time on the shelved International Technology Centre project. Its developers, the Jurong Town Corporation, has postponed the multi-billion-dollar project because of Singapore's depressed property market. The International Technology Centre (ITC) was to have housed computer105 words
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Page 1 Advertisements
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Advertisement44 1985-03-05 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Other P ffJ kon (777^,7) Nikon F3T Nikon F3HP Nikon F3 Nikon FA Nikon FE2 Nikon FM2 Nikon FC Nikon FG2O Nikon EM Nikon LI3SAF Nikon L3SAF Nikon L3SAD Nikon Nikonos V The world s fir*?st photographic system44 words
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Advertisement280 1985-03-05 1 More reports on Pages 3 t 4, 5 mmm SHARE INFORMATION 13 AIRCRAFT 6 MONEY &'EXCHANGE 7 THE GOVERNMENT should consider giving developers more leeway with *he money in project accounts, says a member of the Real Estate Developers' Association of Singapore. Peg* 2 GULF ARAB governments appear determined to280 words
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Advertisement19 1985-03-05 1 B,J| nil Bma 44 run rvpon, rtyv u Afttan ilfttkt. Ptgt 11 Ifltl Ttlfftff. PIM 10 L«tt*r, Pag* 819 words
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Advertisement88 1985-03-05 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM u Why did KLM win diel9B4 Passenger Service Award. 7 u Try them!" Air Transport World, the leading international airline magazine, has honoured KLM with its prestigious Passenger Service Award. The jury praised KLM s long tradition in customer senice, and in particular the88 words
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HOME NEWS
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402 1985-03-05 2 MONICA GWEE - By MONICA GWEE THE GOVERNMENT should consider giving developers more leeway with the money in project accounts. A member of the Real Estate Developers' Association of Singapore (Redas) said yesterday that at least one or 2 per cent of the funds channelled into402 words
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Article173 1985-03-05 2 SINGAPORE received 248,446 tourists in January, a strong 6.2 per cent increase over the same month last year. Latest figures from the Singapore Tourist Promotion Board show that the Oceania region, with its 35,942 visitors,, had the highest growth rate of 13.8 per cent over173 words
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Article425 1985-03-05 2 JOHN LIM - By JOHN LIM TIMBER EXPORTS fell by 4.5 per cent to $920.9 million last year, resuming the downtrend that was broken in 1963. The industry ended the year with a 20 per cent plunge in export value to $72.3 million in December from $90.3425 words
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Article, Illustration289 1985-03-05 2 IN HIS special message at the Asian Public Relations Congress yesterday, the general manager of Telecoms, Mr Goh Seng Kim, favoured planned public relations to communicate both good and bad news. He said that public relations should be honest and truthful a policy289 words
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Article161 1985-03-05 2 THE MINISTRY of Education announced yesterday that a joint admission exercise for entry into junior colleges, pre-university centres, Ngee Ann Polytechnic, Singapore Polytechnic, Vocational Industrial Training Board, and Economic Development Board institutions starts today. Registration of applications will close at 12 noon on Saturday (March 9).161 words
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246 1985-03-05 2 FOUR LOCAL electronics companies will show their products at an international exhibition in Kuala Lumpur from today. The local companies stand to benefit from an expected Msso million worth of sales during the five-day electrical, electronics and power engineering technology exhibition246 words
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371 1985-03-05 2 SWIRE-ACT Systems, the local distributor of Victor Computers, has aggressive plans to sell more products since its American principal came out of the US bankruptcy courts in January. General manager Martin Curtis told BT yesterday that the company expected sales to double371 words
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Page 2 Advertisements
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Advertisement100 1985-03-05 2 EPSON ELECTRONICS (SINGAPORE) EPSON'S QX-10 COMPUTER DEALERS: Creative Technology Pte Ltd 2 Alexandra Road, #06-04 A Delta H Singapore 0315. Tel: 273 6784 Telex: RS ***** CREATE e GMG Computer Service* Pte Ltd 7500 Beach Road, #02-327 The Plaza. Singapore 0719 Tel No: 293 4641 /293 4603 Telex: PANWELL RS100 words
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ECONOMIC SURVEY OF SINGAPORE 1984
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Article, Illustration240 1985-03-05 3 BALANCE OF PAYMENTS THE AMOUNT of foreign reserves Singapore had at the end of 1964 should be sufficient to pay for six months worth of retained imports at current levels. Last year Singapore added $3.2 billion more to its foreign reserves. This was240 words
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Article, Illustration211 1985-03-05 3 FOREIGN SOURCES, such as retained profits of foreign companies, contributed just over $2 billion to total capital formation last year. The increase of 2 per cent reversed a negative growth trend. In 1983, foreign sources had dropped sharply by a quarter from211 words
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312 1985-03-05 3 SINGAPOREANS' spending in 1984 grew at half the rate in 1983 from 8 per cent to 4 per cent. This meant a significant drop in the contribution of consumption expenditure to increase in total demand, from 31 per cent in 1983 to 15 per cent312 words
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Article614 1985-03-05 3 THE SINGAPORE economy this year will go through a process of adjustment, says Brig-Gen (Res) Lee Hsien Loong, but the inevitable company failures should not provide cause for panic. Brig-Gen Lee, the Minister of State for Trade and Industry, predicted that after the adjustment "companies will614 words
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348 1985-03-05 3 THE MOST VISIBLE of public sector investment in Singapore is probably the mushrooming Housing Board blocks. Last year, a record 76,000 units were completed. Channelling funds to add to the Republic's social fabric is a must. But, overall, the public sector's contribution to such investment domestic348 words
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232 1985-03-05 3 THE AVERAGE income of the Singaporean in 1984 was up $1,074 from 1983 to reach $12,353. However, if the incomes of foreigners working in Singapore were included, the average was 15 per cent higher at $14,595, up by $1,177. The annual Economic Survey of232 words
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Article861 1985-03-05 4 Sales remain competitive in spite of strong local currency Trade DOMESTIC EXPORTS, which stagnated in 1983, were revitalised last year and accounted for the bulk of the growth in total exports. A 13 per cent increase in domestic exports was recorded and this contributed almost three-quarters861 words
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Article432 1985-03-05 4 Construction NEGATIVE contribution to economic growth is expected this year from construction, once the leading growth sector in Singapore's economy. Its growth tapered off in the last quarter of 1984. Support from the public sector, which provided much of the push in expansion in earlier quarters,432 words
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229 1985-03-05 4 THE TRADE SECTOR grew 6.6 per cent in the fourth quarter last year its highest quarterly increase in 1984. This compares with a 4.6 per cent rise in the corresponding quarter in 1963 and is an improvement on the 5.15 per cent achieved in the229 words
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245 1985-03-05 4 THE TRANSPORT and communications sector was restored as one of the foremost contributors to overall economic expansion last year, reflecting buoyant exports and swift growth in telecommunications services. The growth in the sector was sustained in the fourth quarter last year. The 11.1 per245 words
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231 1985-03-05 4 LESS industrial land, standard factories and terrace workshops were allocated last year than in the past three years, reflecting slack market demand. Statistics from the Jurong Town Corporation showed that the demand for flatted factories was the only area of growth 19,000 sq metres were231 words
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246 1985-03-05 5 SINGAPORE continued to move forward in science and technology in 1984» steadily backed by an increase in manpower and financing from the government. Tertiary institutions increased their intake of science and engineering students, while companies were funded in research and development projects. Last year,246 words
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Article655 1985-03-05 5 Retailing MORE FA VTILIES moving into new HDB flats last year meant good busiress for retailers of furniture and essential household items But other retailers suffered. Retailers of clothing and footwear were most badly hit. Their mai ket virtually stood still with a mere655 words
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648 1985-03-05 5 Manufacturing THE MANUFACTURING sector grew 2.8 per cent in the last three months of 1984 the lowest quarterly growth in the year. This slowdown compounded the decline which began in the third quarter and resulted in an overall 9 per cent growth for the648 words
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Article258 1985-03-05 5 Capital investment MORE investments were made last year by manufacturers for the expansion and upgrading of facilities. Expansion and upgrading investment last year rose 18.5 per cent to $1.1 billion, while new and diversification investment commitments declined 19 per cent to $669 million. Total investment commitments258 words
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Page 3 Advertisements
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Advertisement243 1985-03-05 3 HEAR YE, Hem I -mesf6.i9 lun V AT 1519 yiIf lunch is eating away your time We have a great suggestion in mind A 3<ourse meal everything in For a mere dollars eighteen and cents nineteen There's a daily change of menu Our Burma Room's the venue Oh, by the243 words
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Advertisement136 1985-03-05 3 Express your individuality Express your personality with a distinctive, vital look which you can easily co-ordinate at Melwani. Select from a wide choice of reputable suitings, from names such as Wain Shiell, Dormeuil, Zegna and other top quality brands. Choose readymade clothes, shoes and accessories that will complement and reflect136 words
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Page 4 Advertisements
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Advertisement142 1985-03-05 4 SE BC MICBO DIS ws'-m sth—llth March 1985 ||l 9.3oam— IO.COpm FAB EAST PL/IZA All the fun's in the price. Special package deals at irices you wouldn't believe. Just look at our PC 8801 package. For only $3,750 you'll tx> the > proud owner of: Keyboard with CPU of 64k142 words
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Advertisement474 1985-03-05 4 K TIMES CONFERENCES presents AN INTERNATIONAL CONFERENCE ON BLJSiriESS STRATEGY FDR BfVIHS HDD RETAIL □RGfIntSRTOnS THE ELECTROriIC imPRCT 14 15 MARCH. 1985 SHANGRI-LA HOTEL. SINGAPORE 14 MARCH, 1985 CONFERENCE CHAIRMAN: Mr Pierre A Dupont. President. Bell Canada International Inc., Canada. KEYNOTE ADDRESS: CHALLENGES AHEAD FOR BANKS AND RETAILERS Mr Goh474 words
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Page 5 Advertisements
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Advertisement375 1985-03-05 5 HO SAID COMPANY CARS HAD TO LOOK BORING? ZZZZZZZZZ :zzzzz. This is the familiar sound which usually greets the executive as soon as he begins to talk about his new company car. Unfortunately when it comes to most company cars, this reaction is as justifiec I as it is predictable.375 words
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OVERSEAS
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509 1985-03-05 6 Reuter GULF ARAB governments appear determined to industrialise their economies to reduce dependence on oil revenues, but are becoming more selective about the type of industries they will encourage. At a conference in Bahrain last week, officials said the industrialisation policy launched aReuter - 509 words
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359 1985-03-05 6 Reuter THE BRITISH government is expected to unveil a cautious budget this month, with austere and defensive fiscal measures and an absence of reforming zeal. Stockbrokers Simon and Coates, in its latest report, said the main elements in the 1985/ 86 UKReuter - 359 words
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Article102 1985-03-05 6 MALAYSIANS are at liberty to send their children abroad to study, and there is no law to compel citizens to study in the country. An official of the Education Ministry in Kuala Lumpur was commenting yesterday on a newspaper report which said that the Johore Education102 words
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Article227 1985-03-05 6 AFP THE VIETNAMESE army is moving tanks, troops and supplies towards the last major Cambodian resistance base not yet attacked in its current dryseason offensive, Thai military sources said yesterday. An army intelligence officer in the Thai border town of Aranyaprathet said reports showed a recent VietnameseAFP - 227 words
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227 1985-03-05 6 AP CHINESE Vice-Premier Yao Yilin has sought to reassure potential Japanese investors that China wants a long-term economic commitment from its former wartime foe, and needs at least sixty more years to modernise. Yao spoke to a 100-member delegation from the Japanese ChamberAP - 227 words
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Article, Illustration191 1985-03-05 6 UPI MORE THAN 30 anti-nuclear protest boats met two US warships when they entered Sydney harbour yesterday. The destroyers, USS Buchanan and USS John Young, are visiting Australia before taking part in exercises with the country's navy. The protest boats, mostlyUPI; Reuter photo - 191 words
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262 1985-03-05 6 AFP CHINA will produce more steel than the US towards the end of the century, and Japan will cut its steel capacity markedly, a world forecast by Chase Econometrics said. Chase Econometrics is linked to the Chase Manhattan Bank, and its study wasAFP - 262 words
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415 1985-03-05 6 Trial AFP THE CHIEF JUDGE in the Benigno Aquino murder trial in Manila yesterday said President Ferdinand Marcos' recent statement about the possible acquittal of General Fabian Ver was a "very, very big if". Chief Judge Manuel Pamaran made the remark in courtAFP - 415 words
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Article763 1985-03-05 6 ARRIVALS Operator Service Locol From number time PAA PA5 0155 JFK/SFO/HKG CV CV796 0315 LUX/DXB MAS MH601 0720 KUL MAS MH681 0620 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH8II 0940 PEN RBA BU2I 1000 BWN SIA SQI03 1005 KUL CPA CX710 1030 HLP763 words
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Page 6 Advertisements
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Advertisement36 1985-03-05 6 K w W I! Ml i ii I 22! i-il* v 5* I* as vn. l 5/#' r\V 3P Si.' Jy ft i! sg»! to cin <mi l K^V t M<4 rX& ft> £fc> 57^ SB36 words
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Advertisement5 1985-03-05 6 More Sccitroom. More More Spdtv.5 words
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BANKING AND FINANCE
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Article, Illustration864 1985-03-05 7 SINGAPORE The local dollar yesterday fell to 552.2730 40 against the US unit from last Friday's close of $2.2700/20, but was unchanged at 5587.80/90 per Msloo and at 5529.10/15 per HK$lOO. The US dollar closed firmer against most major currencies, except sterling. It closed higher at 3.3570/85 KUALA864 words
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Article126 1985-03-05 7 THE OVERNIGHT rate on the Singapore interbank money market fell by point from Friday to close at 4 3 /4 per cent yesterday. The one-month rate fell by '«-point, and the two and three-month rates shed a uniform 1/16-point. r S$ interbank rates 1 at 3pm yesterday Offer126 words
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Article260 1985-03-05 7 Interbank rates at 3pm yesterday. CurranciM Nominal rata* Smithsonian quoted yesterday croaa parity change Local dollars to one unit of foreign currency: US dollar Sterling pound Australian dollar NZ dollor Conadian dollar ***** 2 4685 1 6078 0 9742 1 6338 ***** 2 4730 1 6138 0 9842260 words
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Article673 1985-03-05 7 Asian market BA Futures Inc DOLLAR deposit rates closed steady yesterday at opening levels. Periods firmed between 1 and -point at the start following news of a larger-than-expected 1.7 per cent rise in US leading economic indicators in January, coupled with a two per cent increase in US construction spendingBA Futures Inc - 673 words
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Article142 1985-03-05 7 HONGKONG The metal closed slightly lower in thin and featureless trading yesterday as market participants looked (or new factors. The metal closed at U*****.30/70 an ounce compared with Saturday's *289.75/290.25 close here and the $289.90/290.40 finish in New York on Friday. On the local market gold ended HK$2.OO lower142 words
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353 1985-03-05 7 Reuter THE BUNDESBANK was not aiming at any specific US dollar/mark rate during its recent massive intervention in currency markets. Speaking impromptu in reply to strong criticism of central bank intervention in the market, Bundesbank directorate member Leonhard Gleske said: "We wereReuter - 353 words
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142 1985-03-05 7 Reuter SWITZERLAND'S Banking Commission is inviting banks to submit ideas on how to maintain the country's place in the world of high finance. Commission chairman Hermann Bodenmann said: "Switzerland has indeed lost market share to places like London, New York or Singapore in someReuter - 142 words
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Page 7 Advertisements
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Advertisement281 1985-03-05 7 I NSIGHT the tool for decision makers g nan organisation such as yours, you would surely realize that 'change' is the only constant. A change in the plan or performance of a department will affect other related departments and therefore the whole organization. To handle these changes in the most281 words
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Advertisement66 1985-03-05 7 The Hilton-British Airways Playhouse proudly presents MICHAEL DEREK DENISON FOWLDS W #4* From the Authors that gave you such riotous comedies as— Jj. RUN FOR TOUR WIFE NOT NOW iT.TIIP MOVE OVER MRSMARKHAM we now present another! OraMby JAN BUTLIN Oaagnadby ALAN MILLER-BUNFORD LigMngby STAN OA VIES U V" l_l66 words
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FEATURES
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Article466 1985-03-05 8 PART OF Singapore's success has been due to the stability it has offered its commercial sectors. Businessmen and bankers have been able to take long-term decisions confident that policies would be clear, and not suddenly reversed. Even if changes had to be made for pragmatic reasons,466 words
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Article, Illustration1463 1985-03-05 8 JAIME LYE - Thailand begins an aggressive drive to brighten its attractions By JAIME LYE THAILAND sometimes coyly referred to as the land of illicit bliss is counting on more than just a thousand smiles to boost its once thriving tourist trade. Visitors to the "most exotic country in Asia"1,463 words
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Article280 1985-03-05 8 Parvis Madjedi - Letter to the Editor Parvis Madjedi Societe Auxilialre iyEatreprtow Are* Manager p. ASIA* r»ClIlC 9 DEAR SIR, As one of the contractors involved in the project mentioned in the article "JTC postpones technology centre project" (BT, March 4, 1965), we would like to issue the following280 words
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Page 8 Advertisements
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Advertisement170 1985-03-05 8 HOW MPOKHNT B YOUR CHILD'S EDUCATION? In a society that is advancing so rapidly, most parents in Singapore realize the necessity of a high standard of education for their children. At Great Eastern Life, a special plan has been developed that will offer you the chance to secure your children's170 words
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SPORTS
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556 1985-03-05 9 WALTON MORAIS - By WALTON MORAIS SINGAPORE'S tennis-playing youth has given a rude reply to the national association's $150,000 three-year strategy for success. In what must surely be an abject statement on sport in the Republic, some of our leading juniors have turned their backs on556 words
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Article, Illustration351 1985-03-05 9 AP TOP-SEEDED John McEnroe hit on only 45 per cent of his first serves but whizzed 15 aces past second-seeded Kevin Curren on Sunday for a 7-5, 6-1, 7-6 victory and the US$6O,OOO first prize in the U*****,000 World Championship tennis shootout in Houston, Texas. McEnroe,AP - 351 words
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338 1985-03-05 9 Reuter SOVIET pole vaulter Sergei Bubka and and British sprinter Todd Bennett left Athens yesterday with gold medals packed safely away in the bottom of their suitcases. But while Bennett goes home more than satisfied with his work at theReuter - 338 words
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Article, Illustration509 1985-03-05 9 AP CURTIS STRANGE survived a double bogey and a shaky finish to a struggling 74, then beat Peter Jacobsen in a sudden death playoff on Sunday for the title in the Honda Classic, in Coral Springs, Florida. Strange acquired theAP - 509 words
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Article255 1985-03-05 9 AFP ENGLAND-based South African Silvino Francisco collected snooker's richest prize of £50,000 in Derby, England, on Sunday when he survived two fierce counter-attacks by fourth-seeded Canadian Kirk Stevens to win the first British Open final 12 frames to nine. It was both players' first appearance inAFP - 255 words
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Page 9 Advertisements
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Advertisement138 1985-03-05 9 X A aniu my. s. t r rw -sr. VN |y& u M) v i Memories s |ini v, |*>.ml rntvtnu; must !x running l.iu I in i;l.ul hi .isktsi :iu t< > clinic in mwlt in t.tsc lie was I lii nuisk .iiul jtnv»|>)rrc brings kuk ninii.irns.it r I138 words
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Page 9 Miscellaneous
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Miscellaneous1222 1985-03-05 9 TO QUE) CLtaCDClci) HIGHLIGHTS Puccini 8 pm, Channel 12 Puccini's opera Tosca was once described as "a shabby little shocker". In this feature-length film, we look at the life of Puccini and the scandal involving a servant girl who almost destroyed the composer's career in 1908. It certainly shattered his1,222 words
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Miscellaneous667 1985-03-05 9 CRYPTIC PUZZLE ACROSS 3 H you wont stones, hong some washing (5) 8 Beosts in on untidy slum out East (5) 10 Links with a saw, perhaps (5) 11 Pet at the office o lot? (3) 12 View of some vital incomplete statistics (5) 13 Has such a clock fingers667 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration584 1985-03-05 10 Reuter PHILLIPS PETROLEUM CO is to offer US$62 in debt securities per share in exchange for 72.5 million shares, about 50 per cent of its common stock. Phillips said that on completion of the exchange offer it would raise its annual dividendReuter - 584 words
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354 1985-03-05 10 Bernama AIRBUS INDUSTRIE, the European commercial aircraft consortium, foresees a market for 7,800 aircraft worth about US$44O billion between now and the year 2002. The increase in future aircraft demand is boosted by the fact that many of the airliners now in service will beBernama - 354 words
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Article, Illustration197 1985-03-05 10 AP CHRYSLER CORP, in its effort to pressure the government to seek extension of voluntary Japanese car quotas, says it would triple its own shipments of Mitsubishi cars from Japan if the quotas end. Chrysler's move to increase shipments from Mitsubishi MotorsAP - 197 words
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257 1985-03-05 10 Reuter ALFAYED Investment and Trust (UK) is offering 400p per share in cash for the House of Fraser PLC ordinary shares which it does not already own. The offer values Fraser at £615 million. Alfayed already holds about 46.1 million FraserReuter - 257 words
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208 1985-03-05 10 UPI BRITISH PETROLEUM has acquired Tideland Energy in Australia and recently started work on a new solar plant in Spain. BP bought Tideland Energy from Tideland Signal Corporation of the US. Tideland Energy, which will be renamed BP Solar Australia, manufactures and marketsUPI - 208 words
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Page 10 Advertisements
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Advertisement419 1985-03-05 10 ■w <m H it? T »—•r~•-•• 1 I K 4 -V R» SW? >' i' 5 *T ll=P --> C i -tie* 4W» MVIUOM IKTEH-COtrnWHTAI SINGAPORE There's no better way to toast the Lunar New Year than with our cocktail 'Prosperity' specially concocted for the t occasion and served in419 words
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Advertisement172 1985-03-05 10 I Ftng Ch£ng 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 pm172 words
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ASIAN STOCKS
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Article396 1985-03-05 11 HONGKONG: Share prices closed lower yesterday as a late round of profit-taking erased early gains. The Hang Seng index, which was up nearly four points after the morning session, closed 1.69 points down at 1399.46 as turnover fell to HKJ326.14 million from $509.71 million on Friday. Real estate stocks396 words
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Article215 1985-03-05 11 MAI 04 HT Lien Hwa Irefcjs Nan Ya Ptos II 80 29 60 2380 01 1 0 5 unch Al Sincere Indus Asm Cement 2380 0 4 Pocitic Elect 1760 0 1 Cathay Cons 26 70 *0.5 n 1 36 0 12 Chang Hwa Bank Chen Loong 51.00 1850215 words
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Article371 1985-03-05 11 TOKYO: Share prices held firm yesterday, led by international populars. The market average ended at a record closing high of 12,509.01. Just before the close the market touched a record high of 12,522.11 as the bullish tone which took the average 27.52 higher in Saturday's half-day continued. Turnover was371 words
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Article100 1985-03-05 11 MANILA: Share prices closed generally easier in quiet trading yesterday. The Commercial and Industrial index was unchanged at 114.71, while the Mining marker fell 3.31 to 706.07 and the Oils index eased 0.004 to 0.579. MA* 04 Pan 0014 Onental B Ph4 Overseas Ph4ex B 01 006 10 unch100 words
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Article299 1985-03-05 11 SYDNEY: Australian share markets closed firmer in moderate trading yesterday in response to Wall Street's strong performance on Friday. Near the close, the All Ordinaries index was up 5.6 points at 795.9, the All Industrials 4.8 at 1,173.0 and the All Resources 6.1 at 505.4. National turnover was 28.22299 words
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Article146 1985-03-05 11 BANGKOK: Prices closed lower in sluggish trading yesterday as the market approached the annual Makha Bhucha Buddhist holiday today. The Book Club index eased 0.16 to 125.35 with declines outnumbering advances three to one. Turnover fell to 70,936 shares worth 18.5 million baht, down from Friday's 332,562 shares worth146 words
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Article74 1985-03-05 11 Mar 4 Bank Seoul Won 592 -7 Hyundai Const Hyundai Motor K AL 892 569 535 -15 +4 4 596 5 672 -4 647 -1 1835 34 Do«hm trxj 475 -10 Korea St*> 375 -14 450 +9 660 -10 555 8 780 unch 515 87 844 9 Gold Star74 words
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Article50 1985-03-05 11 Reuter CHINESE courts are under orders to deal severely with violations of China's first patent law which comes into effect on April 1. A circular of the Supreme People's Court says infringements of patent rights and fraudulent practices by state officials will carry criminal penalties. ReuterReuter - 50 words
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412 1985-03-05 11 AFP SOME 100 Chinese engineers and workers are working almost round the clock in Munich, West Germany, taking a moped factory apart screw by screw for reassembly 20,000 kilometres away. When the once-proud plant that manufactured German Zuendapp motorcycles, and more recently mopeds, hasAFP - 412 words
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72 1985-03-05 11 AFP THE DUTCH Philips Electronics group has won a contract from China wrath more than US$l.4 billion to supply laservision recorders and equipment to assemble the apparatus which is despatched in parts. The company's British subsidiary said in London the order was won fromAFP - 72 words
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Article60 1985-03-05 11 Reuter A FRENCH car group, Automobiles Peugeot SA, is at an advanced stage of negotiations with the Chinese authorities over producing light commercial vehicles in Guangzhou. A Peugeot spokesman declined to comment on press reports in Paris that the agreement would be signed shortly. The reports said theReuter - 60 words
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Article152 1985-03-05 11 AP A DENVER district court jury has awarded US$2 million to a Hongkong oil company that claimed the productivity and value of oil leases it bought from Denver and Canadian companies were misrepresented. Theleen and Partners Inc received the award last Thursday after a five-week trial. TheleenAP - 152 words
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Article92 1985-03-05 11 AFP BROTHER, a Japanese typewriter manufacturer, is to set up a factory at Wrexham, northern Wales, to make 240,000 electronic machines a year for the European market. Managing director Masami Hanazono says the company, employing 150 people, will begin production towards the middle of next year.AFP - 92 words
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Page 11 Advertisements
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Advertisement148 1985-03-05 11 ur 98 IS *1 a X* n wl z K #7=P Wm*M For delightful dinners with popular local flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going Buffer Dinner is at SSl4.OO+ per person. The Luna148 words
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Advertisement205 1985-03-05 11 f, The authentic taste ot Japan. A Japanese manager Japanese Chefs. A sushi counter, four teppanyaki griddles, a spacious a la carte restaurant and several tatami rooms. Open for lunch and dinner Set Lunch from $17 subject to 10% service charge and 3% CESS Ample free parking Century Park Sheraton205 words
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Advertisement90 1985-03-05 11 We're blasting off tonight and every night at Para Wave Discotheque Take off to the stars groove to the pulsating rhythms spun by the dynamic music makers, Solosa Sound Services. Business Hours A First Drink Charge; Weekdays A Sundays: 9pm-2am; $18++ Frl, Sat Eve ot Public Holidays: 9pm-3am; $23++ LEVEL90 words
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Advertisement213 1985-03-05 11 Last year our Thai Food Festival was enjoyed by so many that we've decided to repeat the treat again. 4— 10 March 1985 The Hilton's Orchard Cafe once again plays host to exciting cuisine from Thailand Our buffet tables will be laid out with all the familiar Thai favourites Like213 words
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Advertisement73 1985-03-05 11 Tm M Savoury Delights Await You At M available daring lunch.' fbr reservations call. I m ORCHARD road »t < restaurant u "X Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking \Ajtj nowotcl Hotel Meridien orchid inn 3rd Storey (near hole) lobby)73 words
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RAW MATERIALS
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Article539 1985-03-05 12 BOEY KIT YIN - By BOEY KIT YIN SINGAPORE's sluggish rubber trade showed no sign of recovery in December. The volume of imports for the whole of last year fell by a steep 14 per cent to 664,424 tonnes from 771,272 tonnes the year before. Exports fell by one539 words
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327 1985-03-05 12 Reuter CSR LTD, Australia's sugar marketing agent, will discuss with three other major sugar exporters ways to combat low world prices. Representatives of CSR would hold preliminary discussions with their counterparts from Brazil, Cuba and the European Community this week andReuter - 327 words
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235 1985-03-05 12 AP MALAYSIA is the biggest producer of tin in the world, but its share of the world market is declining. An annual report on Malaysia's commodity sector by the Primary Industries Ministry said the country's tin production fell from 31.4 perAP - 235 words
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210 1985-03-05 12 UPI THE Philippines' sugar production is projected to fall by 43.75 per cent from 2.3 million tonnes last year to 1.6 million tonnes this year. The financial daily newspaper Business Day reported yesterday that the slide was mainly due to the lackUPI - 210 words
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Article148 1985-03-05 12 THE Malaysian crude palm oil market closed firmer on covering and speculative buying interest yesterday, prompted by a higher Chicago soybean futures close last week. Trading was moderately active with interest centred on March. North region rose Ms2o to $1,250 per tonne, central $10 to $1,245 and south148 words
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Article235 1985-03-05 12 SINGAPORE The market closed lower yesterday with March One RSS buyers quoted at 161.75 cents per kg, down 1.50 cents from Friday. The morning session lost 0.50 cent on lack of buying interest in quiet trading. Prices lost further ground in quiet afternoon trading on continued lack of fresh235 words
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Article343 1985-03-05 12 RAS prices (in S cents/kilo, FOB in bales) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt Int 1 RSS Mor 85 160 00 161 00N 159 00 I60 00N 162 75 163 25 161 75 162 25 kit 1 RSS Apr 85 169 25 169343 words
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Article904 1985-03-05 12 COFFEE ROBUSTA futures rose yesterday morning, closing with gains at midday of £12 to £21 a tonne from Friday. May closed fractionally below its high at £2,446, up 14 and compared with a low of £2,433. There was no fresh news to provide leads and currency fluctuations dictated904 words
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Article87 1985-03-05 12 THE Kula Lumpur Tin Market price yesterday was held at the ITA fleer level ef Ms».ls per kg. In the absence ef new demand, the buffer stock manager continued te provide support as turnover fell to 25C tonnes from SBC on Friday. There were no foreign concentrates noted.87 words
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Article161 1985-03-05 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoerxx 16's 2,650 Blue Phoenix 20's 2,800 Blue Phoenix 32's 3,350 Blue Phoenix 40's 3,700 Carded yarn, hank Blue Phoenix 21's 2,800 Combed yarn, cones Blue Phoenix 32'* 4,450 Blue Phoenix 40's 4,600 Open-end yarn 2,550161 words
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Article59 1985-03-05 12 Bernama EXPORTERS and producers have forecast the world pepper market would face a shortage of more than 10,000 tonnes this year. The shortage is based on the 12th IPC session in Bombay, which forecast that world exports would be 115,000 to 120,000 tonnes for the year 1984/85,Bernama - 59 words
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Article109 1985-03-05 12 (cents/kg, 1-ton pallets) March 85 April 85 (current mth) (forward mth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 167 00 169 OON 169 00 171 OON SSR 50 ***** 167 OON 167 00 169 OON MRELB Buyers Sellers Buyers Sellers SMR CV ***** 212 OON109 words
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207 1985-03-05 12 Reuter CHINA'S total grain exports are forecast to double this year from 1984. Exports of grain and oilseeds to Japan, the Soviet Union and Eastern Europe would grow most rapidly, said Cao Wantong, president of the China National Cereals, Oils and Foodstuffs ImportReuter - 207 words
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Article136 1985-03-05 12 Reuter THAILAND'S coffee exports totalled 11,208 tonnes last year, up from 10,809 tonnes in 1983. The private Board of Trade said yesterday that major buyers included Singapore, which bought 6,348 tonnes last year, followed by Rumania (1.829), South Korea (1,013) and Pakistan (966). The Commerce MinistryReuter - 136 words
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Article157 1985-03-05 12 Chinese Produce Exchenge Robust a 20/25% FOB NSW 477 50 (Seller*' noon closing prices on Mor Nutmeg 110 FOB NSW 396 00 4. IWJ kg) E W FOB NSW 248 00 Coconut oil Bulk FOB Old drum FOB 155 00 168 00 Gambier FOB NSW 330 00 New157 words
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Article287 1985-03-05 12 Singapore A-l special C-l special C-l Ordnary 177 unq unq (S$/kiio, ei-godown) Thoi white Loonzoin 100% 100% 1st class first grade unq (kongoroo) 100% second grade 225 new crop 0 96 100% third grade unq 100% 2nd class 100% 3rd class 0 70 065 Parboiled 5% 10% 227 222287 words
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Article78 1985-03-05 12 Reuter MALAYSIA is expected to produce about 100,000 tonnes of cocoa this year, against an estimated 88,000 tonnes last year. The Primary Industries Ministry said better yields from cocoa plants and the maturing of about 20,000 hectares of cocoa would lead to increased output. MalaysiaReuter - 78 words
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Page 12 Advertisements
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Advertisement305 1985-03-05 12 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) Notice of Annual General Meeting To: All Shareholders NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the shareholders of the Company will be held in the Board Room of The Development Bank of Singapore Ltd, 46th Storey,305 words
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SHARE INFORMATION
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Article, Illustration4251 1985-03-05 13 THE Singapore stock market rose strongly across a broad front yesterday inspite of profit-taking in the afternoon. The BT Composite Index rose 10.78 points to 753.87 while the Straits Times Industrial Index climbed 9.15 points to 850.35. Volume was heavy at 26.9 million shares4,251 words
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Article240 1985-03-05 13 SINGAPORE ni*A* Indices nl8 8 Mo. 1 Mo. 4 Sol—on Drodg 530 OUl 364 O C C 955 ICS 595 F I LmafitM 326 Aom 174 0 S 630 FAN 565 QAF Ltd 40c 172 lodtud 50c 145 L A M 50c 297 Falls Kootwcfcr Spore 59C240 words
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Article459 1985-03-05 13 SHARE PRICES continued to rise steadily across the board at the Kuala Lumpur stock market yesterday on strong buying support. Trading pace was active and many selective counters registered double-digit gains. On the whole, most issues were higher even though some light profittaking was evident.459 words
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Article4602 1985-03-05 13 810 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. AU Time SetUement Contracts are quoted after the word "SETT".4,602 words
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COMPANY NEWS
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626 1985-03-05 14 CHEN QINGSHUN - Settlement of MCA crisis one of the reasons for bullish view □asms? ma By CHEN QINGSHUN LONDON-BASED stockbroking firm Grieveson Grant in its maiden February issue of "The Dragon", a monthly research circular on the Far East, said that the downside risk of626 words
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Article100 1985-03-05 14 Bernama ttmtt.ttf. Electrical Industries Bhd, which is expected to be relisted on the Milaysian stock market soon, has projected group pre-tax profits of Ms 7 million for the current year ending Dec 31, as a result of its proposed acquisitions of estates and palm oil mills inBernama - 100 words
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Article95 1985-03-05 14 HONGKONG Hang Seng Index Monday 1399.46 Friday 1401.15 Week ago 1389.16 TOKYO Tokyo Dow Jones Monday *****.01* Saturday *****.66 Week ago *****.04 Australian Industrials Monday 1173.7 Friday 1168.3 Week ago 1163.6 NEW YORK Dow Jones Friday 1299.36* Thursday 1284.01 Week ago 1275.84 Standord and Poors Friday 183.23 Thursday95 words
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Article222 1985-03-05 14 Monogers' prices MARA Bumiputra for Mar 5 First B'putro 567 572 Second B'putro 504 509 Singapore Unit Trust Third B'putro Fourth B'putro 407 455 4 12 460 The Commerce 2.32 The Savings Fund 1 61 S'pore Prog Fund 0.99 S pore Sec. Fund 1.46 S'pore Invest Fund 1222 words
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Article950 1985-03-05 14 THE DECISION to end the UK miners strike without formal agreement had little impact on share prices yesterday morning, which were marked up more in response to Friday's gains on Wall Street, dealers said. At noon, the FT-30 index was up 5.9 points at 960.9, while the FT-SE950 words
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345 1985-03-05 14 KEEN COMPETITION in the finance industry and substantial provisions for doubtful debts have resulted in a 25.6 per cent drop in group pre-tax profits at Singapura Building Society Ltd for the half year ended last Dec 31. Pre-tax profits for the group were345 words
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Article211 1985-03-05 14 DUNLOP Holdings PLC, which is fighting off a £40 million takeover bid from BTR, is carrying out a review of its property to make the most of any surplus assets. Dunlop does not expect to be able to produce detailed figures when it publishes information on211 words
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Article2777 1985-03-05 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDUSTKIALS Acm(l 808X5) I 80 A Owe (2 82S) AMO2,777 words
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Article126 1985-03-05 14 RAHMAN HYDRAULIC TIN Berhad: 73rd AGM at 8th Flow, Wisma MISC, 2 Jalan Conlay, Kuala Lumpur on Mar 4 at 12.00 noon. MALAYSIAN TOBACCO Campaay Berhad: 28th AGM at the Negara Room, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur on Mar 6 at 11.30 am. YEO HI126 words
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Article, Illustration744 1985-03-05 15 u mm™ By HOCK LOCK SIEW ONLY EIGHT MONTHS in office and Finance Minister Daim Zainuddin has erased all lingering doubts that he is Malaysia's banking and financial supremo. He is believed to be instrumental in engineering the premature retirement of Tan Sri Abdul AzizBy HOCK LOCK SIEW - 744 words
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190 1985-03-05 15 TERESA LIM - By TERESA LIM Hongkong Correspondent TAN SRI Khoo Teck Put has denied that he is negotiating with Jardine Matheson or Hongkong Land to boy aa interest In either company. Ia an announcement released late last aight through merchant hash N M Rothschild,190 words
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Article65 1985-03-05 15 THE STOCK Exchange of Singapore has introduced a new series of indices known as the All Share Price Indices to replace the current series. The new version has one index covering all listed companies and six sub-indices for industrials and commercials, finance, properties, hotels, plantations and mining.65 words
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Article37 1985-03-05 15 INCH Kenneth Kajang Rabber PLC: Pre-tax profits of M 54.68 million for 1984 ($1.7 million in 1983) on a turnover of $2.91 million ($1.73 million). After-tax profits of $2.96 million ($1.19 million). Final dividend of 27p.37 words
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627 1985-03-05 15 CHAN OI CHEE - By CHAN OI CHEE UNITED Engineers Ltd has finally spelt out details of a financial reconstruction scheme for its ailing associate, United Engineers (Malaysia) Bhd, which features the entry of and eventual takeover by an Um nobacked bumiputra group. The rather complicated exercise will627 words
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Article471 1985-03-05 15 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI TRADING in the shares of Malaysian Feedmills Ltd was suspended on the Stock Exchange of Singapore yesterday, pending the outcome of negotiations that could lead to a takeover of the company. Property developer Beavects Holdings Lid also asked that trading in Its471 words
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Page 14 Advertisements
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Advertisement110 1985-03-05 14 WANNIAN HOLDINGS LIMITED PREQUALIFICATION TENDER FOR PILING AND BUILDING WORKS IN CHINA for the construction of International hotel projects in Dalian and Beihai, China. Wannian Holdings Limited invites experienced and qualified Piling and General Building Contractors to submit their proforma, experience and track record for consideration of piling and building110 words
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Page 15 Advertisements
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Advertisement804 1985-03-05 15 ADVERTISEMENT Large Variety of High-Quality Printing Techniques Whatever continent you take, whether Europe, Asia or Africa, America or Australia everywhere newspapers, magazines, books and brochures are printed, folded, cut and bound by means of printing and allied machines from the German Democratic Republic (GDR). Starting from uni-colour printings and multi-colour804 words
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YESTERDAY IN PARLIAMENT
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592 1985-03-05 16 BRITISH-STYLE parliamentary democracy could work in Singapore and was a system that could lead to a "creative and vibrant society", Mr Chiam See Tong said in Parliament yesterday. The opposition member also accused the government of being insincere because its stated aims were592 words
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146 1985-03-05 16 THE WORKING WOMAN'S lot was. supported in Parliament yesterday by Dr Aline Wong. The Member of Parliament for Changkat questioned points raised by Dr Dixie Tan, who cautioned last Friday that raising an entire generation in child-care centres could pose long-term difficulties146 words
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302 1985-03-05 16 CLAIMS by Mr Chiam See Tong that he would be a loyal and responsible opposition were rebutted by Dr Augustine Tan, Member for Whampoa, who also countered Mr J B Jeyaratnam's speech last Friday. Having listened to Mr Chiam's302 words
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Article235 1985-03-05 16 UNLESS the poor can be moved into better homes, they are most likely to remain stuck in the poverty trap, said Mr Chng Hee Kok, MP for Radin Mas. He said citing figures was one thing, but visiting these families in their homes was a235 words
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Some of the other issues raised...
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Article102 1985-03-05 16 THE Housing and Development Board should concentrate on building flats if the government wants to achieve a 100 per cent HDB home ownership by 1990. MP Philip Tan (Paya Lebar) said the HDB was holding too many responsibilities for it to function effectively. Because of102 words
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Article44 1985-03-05 16 RESERVISTS who work hard tend to be made to work harder because they get promoted. The less deligent serve a shorter period. Dr Arthur Beng (Fengshan) yesterday asked the government to give this "paradox" a closer look because it could affect morale.44 words
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Article81 1985-03-05 16 A BAN on smoking in all government offices was suggested by Dr Ho Tat Kin (Boon Teck) as a further step in the antismoking drive. Eventually, smoking should also be banned from all public places, he said. Dr Ho said 80 to 90 per cent of the smoke81 words
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178 1985-03-05 16 PRIME MINISTER Lee Kuan Yew and Mrs Lee sent condolences yesterday to Puan Sri Peggy Shaw and her family on the death of her husband, Tan Sri Runme Shaw, last Saturday. Mr Lee, who had known Tan Sri Shaw since the *****, said Singapore had178 words
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204 1985-03-05 16 SINGAPORE United Front secretary-general Seow Khee Leng yesterday failed to get the High Court to set aside the Prime Minister's defamation suit against him. Mr Seow was only successful in getting the Registrar to strike off the original writ on204 words
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104 1985-03-05 16 THE People's Action Party has appointed its assistant secretary-general Goh Chok Tong to head a new committee to provide leadership to the party. "Hie other members of the HQ Executive Committee are Dr Ahmad Mat tar, Professor S Jayakumar, Ch'ng Jit Koon, Chua104 words
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Article, Illustration361 1985-03-05 16 SHAHRIR ARIFF - By SHAHRIR ARIFF ONE OF THE SEVEN Singapore divisions of America's General Motors will increase its investment in the Republic by about 50 per cent within three years. General Motors Singapore will spend about $44 million to expand its operations, bringing its total investment361 words
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Article66 1985-03-05 16 Reuter WALL STREET stock prices were mixed in early trading yesterday when the Dow Jones industrial average backtracked after rising above 1300 early in the session. The Dow, which closed on Friday at a record 1299.36, was down about half a point. Overall, gainers held a slightReuter - 66 words
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LATE FILE
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Article39 1985-03-05 16 Reuter THE US DOLLAR, undaunted by massive central bank intervention last week, moved ahead again on world currency markets yesterday while the end of Britain's coalminers' strike gave sterling only a temporary boost. ReuterReuter - 39 words
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Article25 1985-03-05 16 BRITISH MINERS' leader Arthur Scargill yesterday forecast a pit-by-pit "guerilla war" against the National Coal Board's plan to close unprofitable mines.25 words
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Article29 1985-03-05 16 Reuter THE TAIWANESE government yesterday took over the Cathay Investment and Trust Co, one of the major subsidiaries in the financially-troubled Cathay group. ReuterReuter - 29 words
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Article63 1985-03-05 16 Reuter AMERICAN AssistantSecretary of State for East Asian and Pacific Affairs Paul Wolfowitz said yesterday that New Zealand is still a friend but is not performing as an ally by banning nuclear-capable ships from its ports. He said the issue for Washington is not one ofReuter - 63 words
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Article48 1985-03-05 16 UPI PRESIDENT Ferdinand Marcos yesterday fired his foreign minister and lashed out at his labour minister in twin attacks on Cabinet members publicly questioning his authoritarian-style of rule. Foreign Minister Arturo Tolentino was dismissed for positions "incompatible with those of the party and government". UPIUPI - 48 words
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Article25 1985-03-05 16 Bernama PENINSULAR Malaysia's index of industrial production rose 4 per cent in November to 144.7 compared with the previous month.Bernama - 25 words
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Page 16 Advertisements
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Advertisement265 1985-03-05 16 Strategic Tax Planning for Businesses April 18,1985 The majority in management must know more about strategic tax planning. Many financial and investment decisions are made without due deliberation as to the effects of taxation on the company as a whole. Taxes however often account for a substantial cash outflow and265 words
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Advertisement173 1985-03-05 16 EXPORTS. DON'T END UP THE LOSER And you wonl be one if you're credit insured. Because Export Credit Insurance protects you*"*---" against bad debts by your overseas buyers. Bankruptcy. Default by your buyer. Sudden changes in import rulings. Delay in the transfer of payment from your buyer's country. Civil disturbance.173 words
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Page 16 Miscellaneous
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Miscellaneous54 1985-03-05 16 Outlook for today: Cloudy; showers in several areas in the afternoon. Report for 25 hours pnor to 7 30pm on March 4 at the airport: Maximum temperature 32.8 Associated humidity 55 Minimum temperature 23.5 Associated humidity 91 Hours of sunshine 4.25 Roinfoll in millimetres 3 Rainfall this month 25.1 Rainy54 words
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SHIPPING TIMES
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223 1985-03-05 17 THE seminar conducted by Lloyd's Register of Shipping will be held on Thursday, March 7. Our report that it was held last week was erroneous, and Shipping Times apologises for any inconvenience caused. It is to be held at the Hotel Equatorial223 words
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543 1985-03-05 17 JUNE LIM - By JUNE LIM CONTRARY to expectations, the shipbuilding and repair industry in Singapore grew by 8 per cent a reversal from the past two years. However, the overall output was still below that achieved in 1981. That year, the marine industry achieved543 words
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Article679 1985-03-05 17 SMp0fc«9 Um Nf* Col »iii M iim uw Pm n c* Alea Ahrenkiel Lmet VI 3 Fro»o Shpg VI 2 V 4 Freight Link* Froto Fuiiwora Lie Gesun Lloyd VI V/ 4 Alphotr ans Andtka Shpg ANL APC Lie APL ASCL VI VI I 4 I 1679 words
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PORTSIDES
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Article63 1985-03-05 17 PRESIDENT Suharto has ordered a review of Indonesia's port tariffs and rates as part of a programme to boost non-energy exports, Indonesian Minister of Communications Rusmin Nuryadin has said. All port rates and charges must reflect the extent of the services rendered or the investment made63 words
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Article48 1985-03-05 17 NIPPON Yusen Kaisha Line has added the Port of Aqaba to its Far East-Jeddah container service. From this month, its vessels will make fortnightly calls at the Jordanian port the first call in the middle and the second at the end of every month.48 words
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Article63 1985-03-05 17 Reuter AUSTRALIA'S mothballed aircraft carrier Melbourne, which sank two destroyers in peacetime, has been sold for scrap to China for US$l million, a government minister said. The Melbourne will be towed to Dalian and broken up. Administrative services minister Tom Uren said the China United Shipbuilding CoReuter - 63 words
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Article45 1985-03-05 17 ROMANIA'S merchant fleet capacity, now at 225 ships of more than 3.7 million dwt, is projected to double by 1990. The country's yards will build 1.3 million dwt of ships this year. Of this total, 652,000 dwt would join the domestic merchant fleet.45 words
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Article, Illustration966 1985-03-05 18 Lloyd's List THE quiet giant of container shipping, Zim Israel Navigation, is poised for major changes designed to bolster its strongest operating hands and pull the company out of a financial quagmire. Plans to jumboise at least seven ships have emerged amid considerableLloyd's List - 966 words
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Article367 1985-03-05 18 THE BIGGEST open-cast coal mine on earth, combined with the fast-develop-ing facilities of Puerto Bolivar, is set to turn Colombia into one of the world's leading coal exporters. Ships laden with coal from the El Cerrejon mine began steaming away from wind swept Puerto Bolivar367 words
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Article1783 1985-03-05 18 TIME-CHARTER activity was the dominant feature of the freight market on Friday with Japanese charterers acccounting for much of such concluded business, shipbrokerssaid. Showa paid U555,650 daily for a 64,100 tonner taken for one Australia round voyage after March 5/15 delivery Japan while Yamashita paid $5,150 daily to1,783 words
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Article110 1985-03-05 18 WEST German line Hap-ag-Lloyd has chartered a vessel each from Nedlloyd Lines and Compagnie Generate Maritime (CGM). Nedlloyd's 6,547 grt general cargo ship, Niger, has been renamed Hapag-Lloyd Brasil and deployed in Hapag-Lloyd's EuropeNorth Brazil service. The 198-TEU vessel calls at the Brazilian ports of Manaus,110 words
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213 1985-03-05 19 THE SRI Lankan government spent some U5510.64 million last year to cover the cash deficit suffered by the Ceylon Shipping Corporation. The losses were mainly due to CSC investing large sums of money within a few years to containerise its general cargo operations. In213 words
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496 1985-03-05 19 BRITISH ports are increasingly worried by an aggressive campaign from European operators to boost valuable transhipment trade. The push has been particularly evident from the ports of Antwerp and Zeebrugge in Belgium as well as Rotterdam, which sent a large delegation to the496 words
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276 1985-03-05 19 Seatrade Week PORTS in the United Arab Emirates are reporting buoyant figures for general cargo movements, despite some setbacks during 1984. Port Rashid in Dubai is a case in point. Despite APL's decision to transfer to Fujairah last April, Port Rashid handled 294,648 TEUsSeatrade Week - 276 words
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238 1985-03-05 19 AFP SEVEN Thai river pirates hijacked a tanker barge carrying nearly 80,000 gallons (300,000 litres) of diesel fuel, drained the vessel's tanks and vanished without a trace, said marine police in Bangkok. Officials said they had searched many ships in the Gulf of ThailandAFP - 238 words
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Article95 1985-03-05 19 A 29,000 dwt multi-purpose vessel, Jebsen Tauranga, was inaugurated recently to ply New Zealand-Asian routes on the Jebsen Line, Sime Darby Shipping (HK) Ltd announced recently. The ship has begun its maiden voyage and will call at ports in Japan, South Korea and Taiwan, before coming to Hongkong95 words
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Article191 1985-03-05 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf. Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.191 words
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5483 1985-03-05 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.5,483 words
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Article673 1985-03-05 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location Siri Bhum 209N 5.3.85 2300 S'pore Shpg F07 1000-1100 J1 E Humanity 046E 5.3.85 2300 G Asia F02 1000-1100 S4 Ms Rando 85 ION 5.3.85673 words
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Article1857 1985-03-05 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Ae«*n< ies >Si Afro-Eura*la line Ttansgroup <S• Ahrenkiel Ijnrr Service Kim Shpg S> Alfred C Toepfer )mmus Shipping At:«'n- ie\ i S i Mai intex Enterprise i PK Alpar Intrasea iSi1,857 words
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Article513 1985-03-05 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrivol Departure KEPPEL WHARVES Bum Ju K29 Sharp alongside 5.3.85/1600 Frotas'pore K33 Merllon alongside 5.335/1100 Iwerl K25W Pelni alongside 5.3.85/1500 Ned Llnge K12 N-EAC alongside 5.3.85/0600 Zhongshan K35 Y Fung alongside 5.3.85/0830 A Grottger K16 Baltic 5.3.85/0700 73.85/1500 C Prlncess/P K36513 words
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Article328 1985-03-05 26 AFP ACTIVITY waned on the tanker market last week, with rates tending to soften in places, despite news of further attacks on neutral shipping in the Gulf states area. Traders noted reports that Arab charterers had ordered the discharge of around seven very large crude carriers (VLCC) whichAFP - 328 words
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Article208 1985-03-05 26 March 4 Single well oil production ships, 1730 hours, joint RINA and Institute of Marine Engineers meeting, 76 Mark Lane, London EC3. Mareh 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 Press208 words
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Page 17 Advertisements
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Advertisement507 1985-03-05 17 foreW" Exchanof oeoltnQ 5 Published by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A membef ot times organisation 556.50 Zim it poised for major changes designed to bolster its strongest operating hands and pull the company out of a financial quagmire II BRITISH ports507 words
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Advertisement374 1985-03-05 17 UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shenton Way 04-02 C Marine Hou»« Singapore 020 CFS office TPC 03-30 T#l *****31 and *****32 Terminal office TPC 03 29 Tel No *****90 *****93 7 Tel *****94 T» No PS ?5419l NATIONAL LINE rnrur:7j:i ;7.rnr<i».7.i i »it.i h i>: -.v374 words
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Advertisement1246 1985-03-05 17 Z0 FESCO LINES Tr FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA AM TO l •> I'ACim (.111 All ANTIC 1 AST (AN A 1 >1,246 words
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Page 18 Advertisements
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Advertisement329 1985-03-05 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES t Mm Kctptnf c>|oJiMu I Mm Dhabi O.ORT MX KB MX FM*Y MX Acceptrt FCL shipmcnh to: Iran. Mfhanotan, L Germany, Bdfun. Frtand, Hunfvy. Rumania. Buljjru, Poland, Yu|Otbvia. Citdmtovakia, N. Gtmuny, Norway. Sweden. Denmark. Switzerland. Austria Malaysian Bk| Agents: Anfto-French Tradnf (M) Sdn Bhd329 words
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Advertisement284 1985-03-05 18 I'^ l Service i «I<l' "'MI BAJtKI TONSaOCt BAMBt THASt BARBER POBEUSt IC/4 17/4 19/4 a/« 24/4 27/4 29/4 3/5 5/5 4/5 1/5 12/5 15/5 U/5 l»/5 22/5 tM» Jtctphnj cantrt tar Huston (MLB). L Beach. Frwc«o Oakland Stockton and Sa« tef* «ia I Ai*e»es TO: CARIBBEAN CENTRAL AMERICA CHILE284 words
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Page 19 Advertisements
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Advertisement782 1985-03-05 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd OC!L Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Pods and Bangkok COHTAINERSHP SERVICE TO/FROM BANGKOK CONTAINERSWP SERVICE TO UK/CONTINENT PEGASUS PRIX V367N 05 06 Mar PEGASUS PRDE V364N 1213 Mar 15-16 BANGKOK AGENTS: BORNEO AGENCIES LTD BANGKOK TEL:782 words
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Advertisement633 1985-03-05 19 Franco Belgian Services F+r r* i* Be „-win Far »njj) <¥ (MEMBER OF ACE CONSORTIUM! fULI COW MO SBMCE TO EUMH STOH PKCIMKLtHarrt I dan f Staa* Hot SttEN JUS HH 10 M* 12 M* Ih> 2 *J| KOKM MCEM 17 I** 19M* 10 Apr 12 Apr 14 Apr SEW*633 words
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Page 20 Advertisements
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Advertisement590 1985-03-05 20 ■kjhM W, u Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandnavia, Med, Carribean I S. America Hand hadage to inland destinations in Europe S pore P Kelang Penang Leiioes Bibao Genoa Hburj Rdam Bhaven Antwerp IBN YOUNUS 19,3 22/3 24,3 17 4 20 4 ?3, 4 Connecting in Kobe Connecting590 words
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Advertisement363 1985-03-05 20 m FULLY CONTAINE RISED SERVICE TO EUROPE VIA SUEZ "1 »««*>*' ot ce Conwttfr [WN Sf*S B*B« 49* ORE AN MCI Ml 2W RANSWOtID BRDGt 24*1 MM CONTUCR no OMAN CHANCE 21* At Ml luAl-1.N., tOR BWMtKHAVIN 21 4 27 4 9 4 II 4 16 4 18 4 ?3363 words
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Advertisement605 1985-03-05 20 THONG SOON AGENCIES PTE. LTO. #09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88 TELEX RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG DESTINATION Penang Penang SINGAPORE TO KUCHING •EQUATOR 12 Mar •EQUATOR IV In Port SINGAPORE TO SABAH PORT •BUILDER IN 7 Mar 9 Mar K Kmabalu 19 Mar605 words
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Advertisement1279 1985-03-05 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/C ARIB/USEC/EURO/W.MED./FE) SGP HKG KSG KIC PUS OS* TTO KSN CHS NYC BAI «C FU ROM ANW IHV VIC SGP cut ft GAMXN 15/3 19/3 21/3 22/3 25/3 27/3 2S/3 17/4 21/4 23/4 25/4 S/5 7/5 5/5 10/5 12/5 IS/5 5/S1,279 words
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Page 21 Advertisements
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Advertisement782 1985-03-05 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 VESSEL KOTA SINGA KOTA PUSAKA KOTA WANGSA KOTA WMAYA KOTA SALAM KOTA JAVA VOYAGE E-551 E-553 E-555 E-557 E 559 E-561 EAST AFRICA/REDSEA SERVICES HONGKONG SINGAPORE LOADING FOR MUKALLA. HOOEIDAH, JEDDAH. AOABA ADEN. HOOEIDAH, JEDDAH, AOABA. PT782 words
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Advertisement831 1985-03-05 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE STRAITS (UROFf 10 EISOPE STOW PKELANG UK HAM B HAVEN ROAM HAVRE Knun *aru Saie4 6/3 25/3 27/3 29'3 30 3 1/4 Tokio Eipresv M/J 15/3 1/4 3/4 5/4 6/4 1/4 Car<fc|ar Ba» 23/3 25/3 10 4 12/4 14/4 15/4 17/4 Outi831 words
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Advertisement639 1985-03-05 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service Fii Container Vessel. Buian Yoaoharru Rot* lUohSJun[ HonftonfS port T|Prigk (ftl) GONA VI7 tc H/2 27/2 21/2 3/3 5/3 1/3 1/3 WEST BOUND Sport Tftiury Amsterdam H'bwf Antwerp PAiEMBAMG 12/3 5/4 (SA4UXRAI BAM UUAH 11/3 (DISC ONLY) IMB Spore M>m Condor639 words
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Advertisement540 1985-03-05 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Htomywa V2OO Phashwefyawyara V 251 10/12 Mar Pa-an VII 20/23 Mar P.KHanf Penanj 5/6 Mar BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG MEADOWBANK In Pt 1 Apr 5 Apr 8 Apr540 words
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Page 22 Advertisements
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Advertisement1252 1985-03-05 22 Au IV LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE EEEDE* VSI MOTHER VSI SPORE PKIG MONH RUBY V? 7 SCA EXPORTER VSSI6 »> Mar 7 Mai SPORE PKIG PNG SPORE NAGOYA GUAYAGUU. CAIIAO RRICR W RFRGRSIR S ANTONtt VALPARAISO i Mai 7 Mai 9 Mar 10 Mar 21 Mai 25 Apr1,252 words
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Advertisement575 1985-03-05 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE I nudity M lOS ANGIIIS SAN IRANCISCO SEATTU TACIIMA VANCOUVER BC Aarpting FCI fCI Containers P Kriang Sfflfapore I Anfrtes IAVABHUII l/tlk lb AUSTRALIA EXPRESS CONTAINER SERVICE RAVIOA;, VtSHVA KAUMUDt HAMtiAKABIROAS lojdmf tor Robe. Yokohama Ni(oia Osiki Moi> Aha cih Tjmjn S Korea575 words
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Advertisement351 1985-03-05 22 SANKO ASIA FROM JAPANESE POUTS AMD HOMOKOMG So*apore C F Slurp i Co Pie ltd Id *****22 fort Ketanf lANAS Slurp Sdn BhO let 3U104 JM349 Penanf (AIMS Sharp S* BM Id *****5/*****9 GENUAL SI*«Y FOR (i) OCEAN RAIWOW be heM on 12 315 NO FURIICR SURVEY Ml BE tf351 words
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Advertisement570 1985-03-05 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa" Plaza Singapore 0207 Tel *****1 1 (10 L.nes) O BREAKBULK SERVICE TO EUROPE/UK SAN EDUAROO *****02 S pore P KeUngloadng f«r> 6/3 11/3 ROTT/ANT/UX. (AWN) SEAWOOD AND R.M.Z. S pore PKelang Loading tor: ALEV 1/4 leddati MorrfakoneSaternoVatencia Ajwts Swfjpore INIRASIA (PTE)570 words
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Page 23 Advertisements
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Advertisement783 1985-03-05 23 TO EUROPE/UK (VIA SUEZ): MAETERLINCK 5N S S BRDGE 49* K JACEJM 28N TW BRDGE 24N C CONTAINER 29* K CHANCE 21W Also accepting cargo to/trom Scandinavia +SS BRIDGE Spore Closing Times FCL Cargo 0600^10/3 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: SURABAYA... JAKARTA SINGAPORE PENANG P. KELANG.. BRISBANE783 words
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Advertisement570 1985-03-05 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN, INCHON SPOm AG! NTS NIPTIM AGfNCKS PTf (ID TH ?*****7 ?;***** ißookm r ???7MO ??1?0?? i Operations l ????487 2?09?84 (Teimmil) ?20?450 ??o?*>o4 (CFS) Mil mil If,l NTS TUNAS SHI A SON BHO Kl Tel *****0 414?44570 words
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Advertisement805 1985-03-05 23 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 ***** P KEIANG M/S SHARKAT WAH SOON SON BHD IST AND 2ND FLOOR NO I. JALAN CEMPENING PORT KLANG MALAYSIA805 words
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Advertisement47 1985-03-05 23 SIM SWEE JOO SHIPPING SDN BHD EXPRESS TO BINTULU P. KeUnj Penanf loadnf for SNEI LONG SMU Wor 71 In Port ttntulu, Wri CONTAINERISED SERVICE RBUAN MTA ivi 44 to Port Hud**. Binta*. *r Agents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6/7 K.L. *****7 *****1 Penang *****47 words
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Page 24 Advertisements
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Advertisement658 1985-03-05 24 Kcj|ittnal Container Lines 3 Sailings Weekly liillJj IJ Reliable Regular Punctual Berthing P.S.A. Mon. Wed Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA VOY SM SHU BKK PKT SKI* RATANA BHUM 322/255 Saied 7 Mj RAT ANA BHUM 2SS/323 »/10 Mat 13/14 Mar HINODE KISEN CO. LTD I LTR A HKAW LIFT \KRIKK658 words
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Page 24 Miscellaneous
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Miscellaneous180 1985-03-05 24 Regional Weather OiirA Ir* Ol J m O} 4 0* 11 26 Ol M m SB Si S3 m m SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/* Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c X\ A Weother Wmd direction with180 words
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Page 25 Advertisements
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Advertisement89 1985-03-05 25 w MSC AGENCCS K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE *****8/*****6/*****1/*****3 *****1/4 TERMNAL 3M3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 22M68/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE TO EUROPf FOKR B BUTANG B BUTANG B BUTANG B BUTANG i rew try nmiiTrTTM HMHEI^B giMtlMtllMEUlClllCUiEZgiLi^ ALSO ACCEPTMG FOR ANTWERP L. HARVE. UK.89 words
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Advertisement285 1985-03-05 25 M/V HAUSSMANN V3LSS M/V ANKXJ V4LSS M/V ARMAGNAC Pi.'iiiNa.'ikgrr SHPfMG (S) PTE LTD. SALES/BOOK HGS TEL 2205*11 (I UO SEMI-CONTAINER SERVICE TO BANGLA-OESH/INOIA/SRI LANKA/PAKIBTAN STORE I CHUT A GONG CALCUTTA MADRAS COLOMBO 10/3 14/4 19/5 23/5 Scan Dutch 9 To Europe (Med/UK/NC/Scan) B BuUn« Sid B Butang 6/3 B Butang285 words
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Page 26 Advertisements
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Advertisement24 1985-03-05 26 CHITTAGONG SERVICE VSI NAME ETA ETD LOADING FOR THREE STAR 1 7/3 12/3 CHTTTAGONG THE NEW STRAITS SHAPING CO PTE LTD TEL: *****07/ *****2224 words
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Advertisement349 1985-03-05 26 ftrt to port, ptopit to r w Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER HEROINAE ALTAI MARU GLORIA PEAK 14 Mar Mombasa, Daressalaam, Betra. Tamatave 19 Mar Mombasa. Daressalaam 25 Mar Port Louis, Reunion EARNEST VENTURE 8 Apr Monrovia. Abidjan, Lome Apapa. Douala. Tema Also Accepting Contrs to NOUAKCHOTT CAPE VERT,349 words
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