The Business Times, 14 March 1985
1985-03-14
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The Business Times
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Title Section12 1985-03-14 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, MARCH 14, 1185 60 CENTS12 words
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247 1985-03-14 1 MALAYSIA'S general elections for the Federal Parliament and 13 state assemblies may be held two years ahead of schedule. A report by Bernama, Malaysian national news agency, yesterday quoted political sources as saying Prime Minister Datuk Sri Dr Mahathir Mohamad has247 words
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Article93 1985-03-14 1 PRIME MINISTER Lee Kuan Yew sent his condolences to the government and the people of the Soviet Union yesterday on the death of President Konstantin Chernenko. He also sent his sympathies to the family of the late Soviet President, who has been succeeded by President Mikhail93 words
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Article, Illustration657 1985-03-14 1 LISA LEE - Far East Organisation 'still interested in the land' By LISA LEE THE LAST PIECE of prime undeveloped property in Orchard Road failed to find a buyer yesterday. Against a background of surplus commercial property and slack retail sales, only one tender657 words
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Article320 1985-03-14 1 METRO Holdings Ltd's shares took a nasty beating on the Stock Exchange of Singapore yesterday as disappointed investors rerated the counter on news that there was only one, and invalid, bid for the Orchard Square site. The counter, the day's top loser, fell by320 words
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Article, Illustration98 1985-03-14 1 THE failare of the Orchard Sqaare tcier molted ii p**r seattmeat the Stagapare stock market yesterday, eaastag a bread fall la share prices. Same analysts said that with yesterday's (alls, the market Is aaw at a eradal stage (ram the tochalcal paiat ef view, with the ST ladex98 words
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434 1985-03-14 1 LOH HUI YIN - By LOH HUI YIN A NEW SPIRIT of cooperation for overseas ventures is emerging in the shipbuilding industry judging by the latest moves of two major shipyards in Singapore. Keppel and Sembawang, formerly arch-business rivals, are joining forces to consider "substantial"434 words
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469 1985-03-14 1 TERESA LIM - By TERESA LIM Hongkong Correspondent HONGKONG'S property market may have gone through the worst days of its recession, but it will remain largely convalescent this year. According to the March 1965 property review by stock analysts Hoare Govett (Far East), only the colony's hotel469 words
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Article123 1985-03-14 1 AP SOUTH KOREA'S exports, a key factor in the country's economy, have been on the decline since the start of this year, showing the worst performance in two years. Exports were US$l.64 billion in January, down 19.5 per cent from a year ago; $1.79 billionAP - 123 words
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Page 1 Advertisements
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Advertisement129 1985-03-14 1 A WATERMAN PARIS Writing instruments of distinction since 1884 Ttode enquiries: Ttel: *****33 1 So much better at Great Ricmc 7¥ m (p.a.) FIXED DEPOSITS mon'h 6' :''o p a 3 rron'ns f," "o pa. f rnrjnths 6 p a 'norths 6 p a V rron'hs 7' p.a -r rlhs129 words
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Advertisement261 1985-03-14 1 Leader, Page S SHARE INFORMATION AIRCRAFT MONEY EXCHANGES DOONESBURY CROSSWORDS RAW MATERIALS AMERCIAN market research firm, Dataauest, is making a push into the region through a Hongkong-based affiliate. Dataquest is backed by more than 400 researchers and staff in the US, Europe and Japan. Page 3 THE HIGH VALUE of261 words
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Advertisement0 1985-03-14 1 _~/={*{"?&,*{<~,.++}^||:*[&`&;+0 words
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Advertisement95 1985-03-14 1 BEHND EVERY SONY PRODUCT IS SONY Service *****11 NEC BL>. nm 4i p.a HP terms for NEC Personal Computers BC MICRO\ pte ltd mm Our specially arranged low-interest hire-purchase scheme helps you own the following NEC personal computers: Advanced Personal Computer (APC) APC 111 PC 8801mkll PC 8001mkll Call us95 words
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HOME NEWS
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517 1985-03-14 2 TSANG SAU YIN - By TSANG SAU YIN SINGAPOREAN executives should raise their sights and be more willing to gain experience overseas if the opportunities arise because in future, emphasis will be placed on their ability to understand the international market. Mr Norman Wright, managing partner of517 words
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411 1985-03-14 2 TIANJIN, the third largest city in China, is increasing efforts to attract investment by Singapore companies. The city, which has a growing petrochemical industry and is an important "window" to Beijing and the 11 northern provinces in China, already has 510 joint-venture projects with foreign411 words
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199 1985-03-14 2 INTERFAMA Pte Ltd has been awarded a $500,000 contract by the Commonwealth Secretariat to act as project consultant for an exhibition to be held in Kuala Lumpur in June. As project consultant, Interfama will carry out market investigation as well as product selection and adaptation for199 words
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122 1985-03-14 2 CORONA DATA Systems, a US computer manufacturer which makes IBM-compatible computers, has launched its latest desktop computer and laser printer here. The Corona MEGA PC is compatible with the IBM PC XT which was launched last year. The computer comes with a memory of 256,000122 words
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451 1985-03-14 2 JAIME LYE - BY JAIME LYE SALES OF home-grown television series such as "The Awakening" and "Live From Studio One" to other countries are gaining more importance as a revenue earner for the Singapore Broadcasting Corporation. Since its Programme Sales Unit became fully operational451 words
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Article46 1985-03-14 2 THE REPUBLIC of Singapore Air Force (RSAF) will conduct live firing exercises at Pulau Pawai today and tomorrow between Bam and 6pm. The public is advised to keep clear of this island, Pulau Sodong and Pulau Senang which lie within the live firing area.46 words
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295 1985-03-14 2 BATTENFELD, the West German company which bought the Papenmeier plastic pipes manufacturing company for $800,000 last October, is to inject another $1.5 million to expand its Singapore operations. Battenfeld Singapore plans to increase production as well as expand its product line. It295 words
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147 1985-03-14 2 MORE THAN 40 flour millers from the region will gather in Singapore today and tomorrow to learn how to make noodles more effectively. The expertise will be provided at a two-day seminar by the Australian Wheat Board, which is sending a delegation147 words
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Article30 1985-03-14 2 FROM tomorrow, the fee for a duplicate hawker licence will be increased from $2.00 to $5.00 a copy. The increase is to recover manpower and administrative costs.30 words
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140 1985-03-14 2 THE SCIENCE Centre will hold an Energy Week beginning next Tuesday to highlight the importance of energy in man's daily life. The week aims to provide an opportunity for students to take part in energy-related activities so that they can understand better the concept140 words
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140 1985-03-14 2 ASEAN's relationship with the European Economic Community represents "a partnership for progress", says Dr Chiang Hai Ding, Singapore's Ambassador to Brussels. In an interview with the Asean Newsletter, Dr Chiang, in his capacity as chairman of the Asean Brussels Committe, said140 words
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Article66 1985-03-14 2 A MAJOR energy exhilition and conference will be held in Jakarta from July 2 to 5, at a time when Indonesia will commemorate its oil centenary. Organised by the Singaporebased publication, Petromin, the event has the official support of the Indonesian Ministry of Mines and Energy and66 words
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288 1985-03-14 3 LIM SOON NEO - By LIM SOON NEO POLICE are investigating a case of "telex piracy" and have raided a few companies' premises, following a complaint lodged by Telecoms. A report against a "pseudo carrier" of telecommunication services was lodged with the police on Dec 4 last288 words
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TRADE TALK
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Article, Illustration416 1985-03-14 3 SHARP CORPORATION has introduced two new stereo headphone cassette players, the JCN7 and JC-N5, equipped with graphic equalisers. The JC-N7 provides a built-in tuner for receiving FM/AM radio and TV sound, which will enable listeners to enjoy TV programmes outdoors. In addition to this, the416 words
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284 1985-03-14 3 HOUSING contractors are coming to the rescue of retrenched shipyard workers. Some contractors have approached the Construction Industry Development Board (CIDB) to discuss the possibility of re-training former shipyard employees as home builders instead of shipbuilders. Deputy general manager of the CIDB,284 words
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445 1985-03-14 3 LEE HAN SHIH - By LEE HAN SHIH AMERCIAN market research firm, Dataquest, is making a push into the region through a Hongkong-based affiliate. Dataquest, often quoted by Fortune magazine in articles on computers and related fields, is backed by more than 400 researchers and staff in the445 words
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207 1985-03-14 3 A LAUNDRY capable of handling 25,000 double bedsheets a day and featuring water and energy recycling systems is being installed at Marina Square to serve the three luxury hotels scheduled to open later this year. Sommerville (S) Pte Ltd207 words
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Page 2 Advertisements
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Advertisement75 1985-03-14 2 Hie German Experience with the Distinction s'% t XJB* rV y 'V/ V>*>w* re K Experience the timeless pleasures of dining on authentic German cuisine; specialities from the Barons own smokehouse and roast spit. Or on international ala carte cuisine. (jk) At the Barons Table. Simply the best in toum75 words
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Advertisement309 1985-03-14 2 Change of telephone numbers THE TELEPHONE number el the Land Office, the Registry of Land Titles and Deeds and the Survey Department under the Ministry of Law, housed at the National Development Building, Maxwell Road, Singapore IIN, will be changed from 2239*22 to *****11 with effect from Saturday, March 23.309 words
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Page 3 Advertisements
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Advertisement827 1985-03-14 3 kMmm 1 4* <P^® tS 4-° r!v^V V V. Wt ~*m§ M* s •*>' r** o SK JS O x A o f/ sHHffSP&ISwI FV,. i i At 89 A nft 5 -> dSfI»K9 id. its s c <? •f Hf&t&iW'Mr •>• v-; 2 w ■mp T* *-'V G 'V827 words
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OVERSEAS
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609 1985-03-14 4 AFP AP UNLESS THERE IS a reversal of present trends, communistled insurgents could take over the Philippines within five years, said US Assistant Secretary of Defence Richard Armitage yesterday. His warning coincides with a request from President Ronald Reagan's Administration to Congress toAFP; AP - 609 words
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Article88 1985-03-14 4 AFP A POP RECORD made by a galaxy of leading US singing stars to aid famine victims in Africa has become a hit less than a week after its release. The song, co-written by top singers Michael Jackson and Lionel Richie, is called We areAFP - 88 words
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326 1985-03-14 4 Bernama A REXTENT World Bank survey has shown that six out of 10 bank borrowers have serious problems with underfunded ongoing projects and inadequate maintenance of completed projects. Thus, in many countries, a key issue for the 1960s is how to streamline completedBernama - 326 words
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Article80 1985-03-14 4 FT CONTRACTS for the sale by US companies to India of 19 computers worth about US$ll million are likely to be finalised soon. This follows agreement between between the two countries at the weekend on an memorandum of understanding for high technology deals afterFT - 80 words
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407 1985-03-14 4 AFP GOVERNOR James Thompson and a 160-mem-ber delegation from Illinois received a tumultuous welcome in the north-east industrial city of Shenyang on Tuesday night on the first day of a six-day trade mission to China. About a thousand Chinese, led by LiaoningAFP - 407 words
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297 1985-03-14 4 AP AFP MASSACHUSETTS governor Michael Dukakis was briefed on Tuesday on USJapan trade relations by a "very pessimistic" US Ambassador to Japan, Mike Mansfield, and relayed those sentiments to Japanese trade officials, a member of the governor's delegation reported. Governor Dukakis left theAP; AFP - 297 words
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Article158 1985-03-14 4 AP SAUDI ARABIA'S Oil Minister Sheik Ahmed Yamani will head an Opec ministerial committee next Tuesday in Geneva to "check" price and production levels by the cartel's member countries, the Kuwait News Agency said. The agency said the committee includes the oil ministers ofAP - 158 words
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194 1985-03-14 4 AFP FRENCH businessman and Communist Party member Jean-Baptiste Doumeng has signed contracts worth US$2OO million with the government of Vietnam. Mr Doumeng, known as the "Red Millionaire" in France, said one of the accords covered the supply of material for offshore oil exploitation in theAFP - 194 words
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225 1985-03-14 4 UPI THE NEPALESE government has reached an agreement with China that opens remote area» of Tibet to Western tourists who travel to the Chinese province from Nepal. Janak Thapa, directorgeneral of the country's department of tourism, said yesterday that he expected, a bus routeUPI - 225 words
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249 1985-03-14 4 Reuter THE US is stepping up its shipment of military equipment to Thailand at the request of the Thai government, which is facing increased fighting along its border with Cambodia. US Defence Department spokesman Michael Burch said yesterday that that US and ThaiReuter - 249 words
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434 1985-03-14 5 Reuter EGYPTIAN President Hosni Mubarak has called on President Reagan to fulfill his "sacred mission" in the search for Middle East peace, but Washington still has doubts about his proposal for a new American role. Mr Mubarak, in two hours of talks withReuter - 434 words
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Article119 1985-03-14 5 AP THE US Senate Budget Committee, continuing an open rebellion against President Ronald Reagan, ratified a call on Tuesday for a one-year pay freeze for civilian and military US government workers. The vote in the Republicancontrolled committee was overwhelming to support the pay freeze forAP - 119 words
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Article141 1985-03-14 5 UPI m THE US has agreed to pay US$42 million to clean up radiation on Bikini Atoll, settling a lawsuit with the inland people who were moved in 1946 to make way 'for 23 US nuclear tests. "We're absolutely delighted," said Jonathan Weisgall, an attorneyUPI - 141 words
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Article781 1985-03-14 5 ARRIVALS Operator Sorvic* Local From v number tan* -PAA PA5 0155 JFK/SFO/HKG LUFT LH688R 0250 FRA/DXB MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN RBA BM21 1000 BWN SIA SQ103 1005 KUL AC AC858 1015 YYZ/LHR/ DAii CPA CX710781 words
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155 1985-03-14 5 AFP THE FIRST SESSION of USSoviet arms control negotiations ended in Geneva yesterday after about two hours and 45 minutes of "serious and business-like discussion", US delegation chief Max Kampelman announced. He said the next session in this first round of superpowerAFP - 155 words
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690 1985-03-14 5 Two million jobs lost since 1980 Reuter AP THE HIGH VALUE of the US dollar has been hurting the American economy, but its record breaking advance has begun to falter, according to reports from leading US commentators. Blaming the rise of the dollarReuter; AP - 690 words
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Page 4 Advertisements
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Advertisement505 1985-03-14 4 The Diethelm table will he! why the rest has a hoi ring to it. When you buy a desk, have you ever wondered just how much of a desk you're actually getting? Well, it may come as a mild surprise to you that what you see is not what you505 words
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Page 4 Miscellaneous
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Miscellaneous43 1985-03-14 4 oonesbury VA m m m <T> ih m m T, 25 4 m 0, r> J f r cm.wtHMsiu jr DO SOteSTACKJNG 7 ONTfBCHOPUS.SO THE FIRSTFXSSIS IN UNISON. TLL MM yOU M&ITHBMOD-I m i*KS! a ni ft «r>> m m It j V&}^r7T?.43 words
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Page 5 Advertisements
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Advertisement31 1985-03-14 5 W1 I %VSi i'.in \m Is I l\ini; I o San I r.intisco, I Innnlulu \iui \cu ork I torn Hongkong .111J I okvn I ).iil For Updated Information Call *****1131 words
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Advertisement37 1985-03-14 5 V Miti* r ft N m A I l > 4 KMS r W -fc&i «vi. acxuASect* THE PAVILION INTER? CONTINENTAL SINGAPORE THE ADVANTAGE IS INTER CONTINENTAL THE PAVILION INTER CONTINENTAL I CUSCADEN ROAD SINGAPORE 1024. TEL *****8837 words
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MONEY AND EXCHANGE
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396 1985-03-14 6 Fed said to be draining reserves Reuter US CREDIT MARKET participants who have been hoping for signs of a slowdown in real economic growth are unlikely to receive encouragement from the February retail sales data. US retail sales are likely to showReuter - 396 words
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178 1985-03-14 6 Reuter AMERICAN Comptroller of the Currency C Todd Conover told a Senate sub-committee that bank examiners failed to properly enforce foreign currency reporting laws. Mr Conover told the Senate governmental affairs permanent sub-committee on investigations a review of examiners' actions relating to First National BankReuter - 178 words
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Article630 1985-03-14 6 SINGAPORE: The US dollar recovered yesterday from its early afternoon fall against major European currencies to close higher than New York levels. The dollar rose to a late 3.3620/40 marks from its afternoon low of 3.3320 and compared with New York's 3.3530/45 close, and to 2.8560/8610 Swiss francs630 words
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Article, Illustration245 1985-03-14 6 Asian market ASIAN dollar deposit rates opened firmer yesterday in thin trading reflecting rises in US federal funds and Eurodollar deposit rates. •aOCATES «k of 1» print tendnc rates ft 12 raj* banks n( in Sincapw* us$ OMef Bid 7 day* 8 5/8 8 1/2 1 month 8 13/16 8245 words
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Article58 1985-03-14 6 THE Monetary Authority of Singapore has invited banks and discount houses to tender for 1100 million of 91-day Treasury bills to be issued at the option of the tenderer from March 18 to March 30; and on Mar 22. Each tender must not be for less than 5250,000.58 words
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Article250 1985-03-14 6 Interbank rates at 3pm yesterday: Local dollars to «M0tad y woo parity one unit of foreign currency: US dolor 2 2670 ***** a.8196 -1960 Sterling pound ***** ***** 7 3469 -66 37 Austrafcon dolor 1 5778 1 5830 3 4286 -53 98 NZ dolor 1 0156 1 0274250 words
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Article355 1985-03-14 6 BA Futures Inc EURODOLLAR futures opened yesterday at the high of CME's range with the June trading at 89.52. Trading started quietly after two day's of active trading as dealers stayed away from the market before the release of US economic data in the next few days. On theBA Futures Inc - 355 words
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Article187 1985-03-14 6 HONGKONG: The metal closed lower yesterday, under pressure from a rising US dollar. The metal closed at U*****.90/290.30 an ounce compared with New York's $291.20/50 and the $290.50/90 finish here on Tuesday. Trading was quiet until substantial selling orders from Switzerland emerged as European markets opened. On the local187 words
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Article109 1985-03-14 6 THE overnight rate on the Singapore interbank money market remained unchanged from Tuesday to close at 4V4 per cent yesterday. The one, two and threemonth term rates fell by V» -point each. S$ Interbank rates at 3pm yesterday: Off* M Over rvght 4 1/4 4 1-month 5 7/8109 words
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Page 6 Advertisements
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Advertisement460 1985-03-14 6 y ter ee e A s i f.• i !*•<> &<•■' V V s »*-•<>*"*• i f t j. <« L < <-■ There are two kinds of mistakes in typing. The typing error. And the spelling error. Most typewriters can rectify the first kind (provided you spot it as460 words
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BANKING AND FINANCE
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413 1985-03-14 7 FT CENTRAL BANK governors of EEC countries have given their blessing to a package of measures designed to encourage the use of the European Currency Unit (ECU), the community's currency basket, as an official reserve asset. Approval of the package at theFT - 413 words
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289 1985-03-14 7 Reuter THE PHILIPPINE government will probably remove all restrictions on dollar deposits in banks to help bring down the value of the peso, a source close to the International Monetary Fund said. Under current rules banks must sell foreign exchange holdingsReuter - 289 words
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Article105 1985-03-14 7 Reuter HONGKONG'S Commissioner of Banking, Robert Fell, is discussing a number of banking reforms with local and foreign bankers. Commission officials in the British colony said yesterday that the reforms related to bank liquidity ratios, capital adequacy, auditing as well as reporting to the commission. ButReuter - 105 words
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329 1985-03-14 7 FT THE NEW ZEALAND govern-ment-owned Reserve Bank has acted to avoid a rapidly developing crisis caused by tight liquidity and soaring interest rates. In the first of three major moves, the bank injected NZ$2OO million into the monetary system by buying up transferable certificatesFT - 329 words
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Article, Illustration443 1985-03-14 7 AMY BALAN - By AMY BALAN SINGAPORE will be the base from which Belgian's Banque Bruxelles Lambert (BBL) will make its thrust into Asia Pacific countries. Spearheading the move is the offshore bank's former general manager, Mr Arie Heerding, who has been specially appointed for the443 words
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Article505 1985-03-14 7 Reuter HOPES of an imminent cut in UK interest rates were dashed on Tuesday by news of a higher-than-expected rise in the key broadly-based money supply, sterling M 3, in the five weeks to Feb 20. The half per cent advance in MReuter - 505 words
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Page 7 Advertisements
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FEATURES
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Article491 1985-03-14 8 "THERE IS MAGIC in Orchard Road," one of Singapore's best-known property developers had said when he indicated that he would bid for the last piece of prime land in the area. Mr Ng Teng Fong of Far East Organisation was then optimistic about Orchard Square491 words
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Article1815 1985-03-14 8 COLINA MACDOUGALL - The trade picture is considerably brighter after years of caution Beijing, flush with funds after a successful export drive, is now looking for ways to buy, borrow or otherwise acquire the modern technology the country so badly needs. COLINA MACDOUGALL reports. COLINA MACDOUGALL FT GONEFT - 1,815 words
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Article, Illustration975 1985-03-14 8 VICTORIA GRAHAM - By VICTORIA GRAHAM AP VIOLENCE is a way of life in Bihar, India's poorest and most lawless state. Criminals and politicians are common bedfellows and authorities say the recent election points to the danger of power growing out of the barrelAP - 975 words
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Page 8 Advertisements
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Advertisement757 1985-03-14 8 Let your children explore the fascinating world of science, nature and technology! The encyclopedia designed to cope with today's information explosion! THE RAINTREE ILLUSTRATED SCIENCE ENCYCLOPEDIA ifj" K3«" ,Tt SG I M a i a Nothing could be more exciting, more full of wonder to a child than the world757 words
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SPORTS
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Article, Illustration765 1985-03-14 9 WALTON MORAIS - By WALTON MORAIS INDIAN CRICKET CAPTAIN Sunil Gavaskar yesterday acknowledged that his team's world championship success in Australia was due largely to the fact that it was played away from home. "It was an important factor. I wouldn't say it was a crucial765 words
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140 1985-03-14 9 AFP FORMER Australian Test captain Bobby Simpson will be among a host of players going to England next year for the "Golden-Oldies Cricket Festival". Between 60 and 80 teams are expected to compete in the festival, which will be played on SussexAFP - 140 words
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Article111 1985-03-14 9 AFP ROBBIE FOLDVARI, a 22-year-old Australian who turned professional last year, beat former world champion Fred Davis in three straight games to reach the semi-finals of the World Professional Billiards Championships in London on Tuesday night. Foldvari will meet Norman Dagley, twice world champion and 15-times EnglishAFP - 111 words
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Article547 1985-03-14 9 AFP THERE was no sign of a challenge to Jahangir Khan's unrivalled domination of world squash at the French Open championships in Paris on Tuesday. The 21-year-old world champion held the stage for a brief 35 minutes, but showed enough to stifle any hopeAFP - 547 words
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Article, Illustration461 1985-03-14 9 ANNA TEO - By ANNA TEO COME SUNDAY, a motley group of Singapore runners will pound through China's Jiading County in Shanghai, in the sixth Shanghai Cup Marathon. At Changi Airport yesterday, one might not have guessed their mission the Hongkongbound group of about 35, including461 words
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Article, Illustration153 1985-03-14 9 Reuter TOP SEED Mats Wilander of Sweden and two players fresh from Davis Cup success reached the second round of the Belgian Indoor Tennis Championships in contrasting style on Tuesday in Brussels. Wilander beat Australian John Fitzgerald 6-3, 6-4 without undue difficulty, but West GermanReuter - 153 words
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Page 9 Miscellaneous
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Miscellaneous1126 1985-03-14 9 TO QUE) IjMDUD HIGHLIGHTS Thursday Feature Special Mayerling 9.15 pm, Channel 5 A tale of love and tragedy in the Royal Court of Austria in 1888. Rudolph, son of the Emperor Franz-Joseph, is heir to the Austro-Hungarian throne, but he is temperamentally and ideologically opposed to his father's rigid regime.1,126 words
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Miscellaneous660 1985-03-14 9 CRYPTIC PUZZLE ACROSS 1 They're out of bread! (6) 7 A three-ring affair (8) 8 Plant giving some consolation (4) 10 The blooming best! (6) 11 Be sorry a chap has a bit of a secret (6) 14 Pull one's leg? Not exactly (3) 16 She turns her head up660 words
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INTERNATIONAL STOCKS
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390 1985-03-14 10 FT SIR JAMES Goldsmith, the Anglo-French financier who has become one of the more active predators on Wall Street, has taken an 8.6 per cent stake in Crown Zellerbach, in a move which could lead to a battle for controlFT - 390 words
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Article115 1985-03-14 10 Reuter INTERNATIONAL BUSINESS Machines Corp is talking to a number of potential suitors for the military computer section of its Rolm Corp subsidiary, including Data General Corp and the Rolm Employee group. When IBM bought Rolm it agreed with the anti-trust division of the JusticeReuter - 115 words
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306 1985-03-14 10 Reuter WALL STREET share prices closed higher on Tuesday, spurred by strength in blue chips late in the trading session. However, analysts said the market's moderate volume indicated a lack of investor confidence. This was precipitated by continuing fears of an economic slowdown andReuter - 306 words
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Article106 1985-03-14 10 MAI 12 Abrtt* cs 50 Hud Boy Min Imp Oi Inco 6* 48* ISH 35 unch unch Aican 37* Int Un 24* 21 I7B 19 18 26* 3* Mc BkxtoJ 26 M Canada 3814 16* BP Can Ltd 27* Moor* Cp 71 34* 29* MofflfKhi 19* 60* NorttiQOtt Exp106 words
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Article218 1985-03-14 10 MAI 12 ■aad Unaac 455 5 MOUSTRIALS Wootworlh MM 1250 MNGS 50 A Afcho 660 122 unch unch 2260 •IS A£ And a 655 Angtvod ***** unch 25 unch Amaprop 310 2100 unch Byyoor» SUM 6900 970 MRfh Chortar 430 10 C G Smith CNA 2000 +25 Com Gold218 words
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Article612 1985-03-14 10 MAC 12 us$ Alcan AJumn Alcoa Lud AM Own Cp AM Storm ABt-Owfcnart Am Brandt k* Am Broadcast Am Can Co Am Cyanantd Am Elac Pwr Am Express Am Homo Prod Am Motort Cp Am Natwal Gat Am Tal Tal Ama< Inc Amarodo Htu AArff fc* Amr Corp612 words
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Article896 1985-03-14 10 Amsterdam MAS 12 Fh ABN 401 00 6 5 187 00 Ahold ***** 47 Akzo 115 40 +18 amev 218 50 35 Bark 56 50 +0 7 Boh 108 00 3 351 00 -2 Burtet 9000 +2 Cdond 37 90 +0 4 C<4v 477 00 +10 Dai M,896 words
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Page 10 Advertisements
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Advertisement426 1985-03-14 10 Wiiere to wim, dine aai estertaia ir Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. Special business lunch at $16 4+ each and $20 each (mln. 2 persons). Over 50 a la carte specialities are also available. A* SINGAPORE HOTEL426 words
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Advertisement140 1985-03-14 10 London stocks, wis Lounge Sip a glass of the world's finest wine while you relax in the cosy ambience of The Lounge. Make your nights memorable with versatile quartet, Body M Soul from Philippines. They'll captivate youl ■ppy Room spm 7pm. 2S%affM an drti Ample parking space o?§wn ®PWWCE HOTEL140 words
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ASIAN STOCKS
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Article404 1985-03-14 11 HONGKONG: Share prices closed near their lows yesterday as selling pressure mounted after the release of disappointing annual results by HK Bank and HK Electric. The Hang Seng Index fell 35.69 to 1,335.82. Volume was HK5218.57 million for the half-day session compared with $222.81 million for the full-day on404 words
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Article254 1985-03-14 11 MAI 13 All Smcere Indus NT S 4 53 •Oil -0.2 -02 -0.5 0.2 -04 -0 05 -02 005 Lien Hwo Indus Nan Yo Ptos PocifK Cons Pacific Elect Wre 12 90 28 60 23 60 1840 0 25 -02 -04 0 1 Cathoy Cora Chang Hwo Bank Ch«n254 words
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Article353 1985-03-14 11 TOKYO: Share prices soared yesterday, encouraged by Wall Street's upturn on Tuesday, and pushed the market average past the 12,400 mark for its largest sin-gle-day gain this year. The average jumped 122.39 to 12,419.26 after gaining 33.02 on Tuesday, the first advance after a three-day fall, turnover was a353 words
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Article97 1985-03-14 11 MANILA: Shares closed generally higher in quiet trading yesterday. The Commercial Industrial Index rose 1.51 to 124.33 and the Mining Index was up 4.25 at 700.41. The Oils Index remained unchanged at 0.593. MAR 13 Pmo> 0 0014 trtch 0 0014 unch Oriental B Phfex B 0 0975 t*>ch97 words
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Article346 1985-03-14 11 SYDNEY: Share markets closed firmer across a broad front on higher volume yesterdday. Near the close, the All Ordinaries Index was up 3.4 points to 787.4. The All Industrials Index gained 3.8 to 1,164.2 and the All Resources Index added 3.0 to 497.2 points. National turnover was 38.91 million346 words
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Article148 1985-03-14 11 BANGKOK: Share prices closed mixed in quiet trading yesterday. The Book Club Index fell 0.18 to 127.71 as advances led declines by a margin of more than a four-to-three. Turnover stood at 214,554 shares worth 34.1 million baht compared with Tuesday's 370,284 shares worth 67.1 million. MAI 13 lakti148 words
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Article74 1985-03-14 11 MAR 13 Won 595 -3 Hyundai Const Hyundoi Motor KAL 903 542 573 +2 +9 591 634 -1 Commercial Bk 641 442 5 -10 Korea Oi 1754 360 35 1 439 •1 629 •1 Ootwoo Ind Dong Ah Gold Star 523 496 630 2 -3 Samsung Co Samsung Elec74 words
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Article45 1985-03-14 11 Reuter HONGKONG Electric Holdings said it will propose an increase of authorised share capital to 1.65 billion shares of HK$2 each from 1.5 billion in the forthcoming annual general meeting on May 23. The company did not give further details. ReuterReuter - 45 words
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301 1985-03-14 11 AT T negotiating deal with Toshiba AP AMERICAN Telephone and Telegraph Co and Toshiba Corporation are negotiating a joint telecommunications venture in Japan. Yuji Wakayama, manager of Toshiba's international public communications section, said: "Negotiations are going on but we can't comment on them yet." He indicated that AT&T would beAP - 301 words
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143 1985-03-14 11 AFP AN INTERNATIONAL investment company backed by Chinese interests is considering setting up a regional airline company in Hongkong to serve Chinese cities. A spokesman of Hongkong-Ma-cau International Investment Company said the company had "great interest in the project to open a regionalAFP - 143 words
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154 1985-03-14 11 Reuter JAPAN AIRLINES Co (JAL) said it will pay an unspecified dividend for the year ending next March 31 after paying no dividend for the previous two years. JAL paid a dividend of 40 yen per 500 yen share in 1981/82 but reported parentReuter - 154 words
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171 1985-03-14 11 Reuter JAPAN AIR Lines Development Co (JDC) will take part in a HK$52O million hotel project in the Kowloon district of Hongkong. Managing director Shigetoshi Shimada said the proposed hotel, Nikko Hongkong, will be 70 per cent owned by JDC, a whollyowned unit ofReuter - 171 words
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Page 11 Advertisements
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Advertisement679 1985-03-14 11 §jf Paramount HotefWhere the happy people go mS M Iflfc COCKTAIL LOUNGE I Experience a new and refreshing concept in cocktail lounge entertainment. Experience The Gazebo. The frontispiece of Paramount Hotel, away from all the hustle and bustle. A free flowing garden terrace in subtle shades of grey and beige.679 words
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Advertisement73 1985-03-14 11 For reservations please call 734 6622 ext 142 fij| MO tat J L SMGAPORE V 19 Cairnhill Circle Singapore 0922 restaurant u Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridien 3rd Storey (near hotel lobby) 100 Orchard Road *03-100 Singapore73 words
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RAW MATERIALS
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368 1985-03-14 12 New supplies not yet available AFP RECENT INCREASES in the price of pepper are likely to continue until new crop supplies become available later in the year, trade sources said. Smaller yields caused by ov-er-cropping of vines in previous periods of short supply haveAFP - 368 words
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150 1985-03-14 12 CHINA, the world's largest producer and exporter of silk, collected a record number of silkworm cocoons 287,500 tonnes worth in 1984, Xinhua News Agency reported. Silk-related exports reached US$9OO million last year, a 8.9 per cent jump from 1983, although still short of world demand,150 words
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206 1985-03-14 12 AFP THE HEAD OF the international cocoa conference has proposed a series of measures in a new international accord to stabilise the world market, including a price range embracing the recommendations of both consumers and producers. The measures were revealed on Monday by ReneAFP - 206 words
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Article94 1985-03-14 12 Reuter THE CHINESE GOVERNMENT will provide 50,000 tonnes of relief grain to Africa in the firsthalf of this year, the New China News Agency said, quoting a Chinese Foreign Ministry spokesman. The spokesman said at a weekly news briefing in Beijing that last year, ChinaReuter - 94 words
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328 1985-03-14 12 Bernama THAILAND expects to become the world's top producer of natural rubber by 1991, according to an article in the Bangkok Bank monthly bulletin. At present, the world's third largest producer after Malaysia and Indonesia, Thailand is aiming to pro- > duce 900,000Bernama - 328 words
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Article799 1985-03-14 12 COFFEE Robusta futures on Tuesday ended with gains from Monday's close of £12 to £4 apart from distant January which was down £4. May ended at £2,430, up £10 and £4 above midday levels even though sterling held above midday levels against the dollar. Afternoon steadiness reflected trade799 words
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305 1985-03-14 12 NYT IN THE BIGGEST civil petalty of Its kind, the US Commodity Futures Trading Commission announced on Monday that It had fined Donaldson, Lufltln A Jenrette USSIM,MI for violating reporting requirements on commodities trading between February 1162 and January 1184. The commission saidNYT - 305 words
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Article70 1985-03-14 12 Rotousto 20/25% 477 50 F06 NSW Nutmeg 396 00 110 FOB NSW E&W FOB NSW 248 00 Gambier FOB NSW 330 00 London Commodity Exchange on Mor 12. Saltan' prtt (US$/loi»9 tonne CIF European pom. unles otHeor tse stated) Pepper (Sorowak) 3.375 Foq, spot Whit* foq, aHoat 3,37570 words
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Article273 1985-03-14 12 Singapore (S$/Mo. ei-fodewii) Frog rant new crop Ut 096 2nd 070 3rd 065 New Crop 25% no stock 10% no stock Thai Broken A-super 0.60 Special 057 Thai Rice 55% no stock China Rice 10% 0.87 15% no stock 25% no stock 35% no stock Thai Boiled Rice 5%273 words
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Article105 1985-03-14 12 THE Kuto Lam par Tim Market price key at its litemflMMl Tin Agreement floor-level of M 929.15 per kg yesterday as the baffer stock manager ceatlnaed to bay actively at this level. He atiirtei the total 122 tonnes turnover, down from 191 tonnes on Taeaday. Dealers were ■■able105 words
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Article157 1985-03-14 12 Yarn (In HK$ per bole of 400 fc) China corded yarn, cones Blue Phoenix 16'* 2,550 Blue Phoenix 20's 2,750 Blue Phoenix 32'» 3,300 Blue Phoenix 40* s 3,650 Carded yarn, hank Blue Phoenix 21'» 3,000 Combed yarn, cones Blue Phoenix 32's 4,350 Blue Phoenix 40** 4,500 Open-end yarn157 words
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Article269 1985-03-14 12 SINGAPORE The market closed lower yesterday with April One RSS buyers quoted at 167.75 cents per kg, down one cent from Tuesday. The morning session lost 0.25 cent on lack of interest in quiet trading. Prices lost further ground in quiet afternoon trading on continued lack of buying interest.269 words
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Article165 1985-03-14 12 MALAYSIAN crude palm oil prices weakened in a further technical adjustment to the recent surge yesterday, with lower Chicago soybean futures also dampening sentiment in fairly active trading. In March, north and south dropped Ms4s to 11.296 and $1,285 per tonne respectively and central $40 to $1,290. In165 words
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Article227 1985-03-14 12 SOYBEAN futures on the Chicago Board of Trade closed 6V4 to three US cents per bushel lower on Tuesday due to weakness in the soyoil market. May settled at US$5.B2 3 after posting a 4'/j-cent range on the day. Monday's bearishly interpreted USDA supply/demand report and an announcement that227 words
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Article241 1985-03-14 12 WHEAT futures on the Chicago Board of Trade closed near the lows on Tuesday, down 1V« to 3 V* US cents per bushel in light turnover. May settled at $3.36 Vj after posting a 3'/4-cent range. A bearishly-interpreted USDA supply/demand report showing a decrease in projected 1984-85 US wheat241 words
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Article100 1985-03-14 12 (ctnti/kg, 1-ton pallets) APRIL 85 MAY 85 (curront month) (forword month) NOON NOON RAS StMvrt l*ytr$ SSR 20 170 50 172 SON 171 50 I7350N SSR 50 167 50 169 SON 169 50 171 50N MRELB L Sl«M SMR CV ***** 216 00N ***** 218 OON SMR100 words
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Article322 1985-03-14 12 RAS prices in S ceott/kg, FOB in bt lies NOON CLOSE Ivytn Sellers Beyers Setters Int 1 RSS Prompt 165 75 166 75N 165 00 166 00N Int 1 RSS Apf 85 168 75 169 00 167 75 168 25 Int 1 RSS May 85 172 00322 words
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Page 12 Advertisements
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Advertisement224 1985-03-14 12 MING COURT HOTEL LIMITED (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of the Company will be held at Ming Crystal Room, Ming Court Hotel, 1, Tanglin Road, Singapore 1024 on Saturday, 30th March 1985 at 12.15 p.m. for224 words
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Advertisement360 1985-03-14 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 PURSUANT TO SECTION 290 (2Kb) AND IN THE MATTER OF LAM HOE HENG (PTE) LTD. At an Extraordinary General Meeting of the above named Company duty convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore 0719360 words
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SHARE INFORMATION
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Article, Illustration4136 1985-03-14 13 NEWS THAT the Orchard Square tender had attracted only one bid, which turned out to be invalid, caused the Singapore stock market to tall yesterday. The BT Composite Index (ell 4.13 points to 741.97 while the Straits Times Industrial Index dropped 6.71 points to4,136 words
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Article249 1985-03-14 13 SINGAPORE Rites Indices H S T 730 0 U I 350 H LMMM 590 M TC7I« 370 qfinn*! 230 1 A ">00 uti nomonom jox H.mdiw S0< 302 Kim 125 JC MfH 116 JC-MPH Wrtt A 20 Oriaartol HUg» 310 Falls 20 18 10 10 10 6249 words
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Article3714 1985-03-14 13 BID and offer prices officially (< listed and business in and re- ported to the Stock Exchange of Singapore yesterday with the j number of shares traded shown In brackets In IoU of 1,000 units unless otherwise specified. All Time Settlement Contract* are quoted after3,714 words
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Page 13 Advertisements
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Advertisement0 1985-03-14 13 +-(:=`~;!_$!(>(?:{>@<!>"+($`?.$0 words
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COMPANY NEWS
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Article, Illustration484 1985-03-14 14 DUNLOP Malaysian Industries Bhd (DMIB), now under the Sime Darby group and headed by a new chairman, plans to increase its tyre exports to help make Malaysia one of the world's largest tyre exporters. Newly-appointed chairman Datuk Seri Syed Nahar bin Tun Syed Sheh484 words
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442 1985-03-14 14 Reuter HONGKONG LAND Co Ltd is expected to report a sharp improvement in its 1984 profits when it releases its results today. Share analysts said the company, helped by lower than expected interest costs and the sale of assets, could reportReuter - 442 words
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Article390 1985-03-14 14 MALAYSIA MINING Corp, the world's largest tin mining company, has shut down a total of 19 of its 41 dredges due to the depressed tin market. They will remain closed until the situation improves. In April 1983, the company announced that 12 dredges had been closed.390 words
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291 1985-03-14 14 Reuter HONGKONG Shanghai Banking Corp expects profits to continue at a satisfactory level in 1985. It expects to recommend a full year dividend of at least 46 cents per share, representing a 10 per cent increase after the issue of aboutReuter - 291 words
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447 1985-03-14 14 HEAVY SELLING pressure pushed share prices lower on all fronts at the Kuala Lumpur stock market yesterday. Trading pace was less active, with interest centred on several situational stocks. Overall, most counters recorded small to moderate losses. Share prices opened mixed but447 words
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Article2544 1985-03-14 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 l .000 units unless otherwise specified VOUSTRIALS Acmo (1 82B) Aimomoto (3.705) A Otoe (2.606)2,544 words
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Article98 1985-03-14 14 HONGKONG Hong Seng Index Wednesday 1335.82 Tuesday 1371.51 Week ogo 1383.28 TOKYO Tokyo Dow Jones Wednesday *****.26 Tuesday *****.87 Week ago *****.67 Australian Industrials Wednesday 1164.3 Tuesday 1160.4 Week ago 1176.7 NEW YORK Dow Jones Tuesday 1271.75 Monday 1268.55 Week ago 1291.85 Stondard and Poors Tuesday 179.66 Monday98 words
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Article236 1985-03-14 14 Monomers' prices MARA-Bumiputrs for March 14 Frst B'putro 5 73 5 78 Second B'putro 5 22 15.27 Thrd B'putro Fourth B'putra Fifth B'putra Sixth B'putra Seventh B'putra (A) Seventh B'putra Eighth B'putro (B) h4nth B'putra Tenth B'putra 4 17 4 22 Singapore Unit Trust The Commerce 2.25 2.39236 words
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Article221 1985-03-14 14 SAMANDA HOLDINGS Berkad: Thirteenth AGM at 4th Floor Wisma Stephens, Jalan Raja Chulan, Kuala Lumpur, Malaysia on Mar 22 at 11.30 am. GENERAL SECURITIES INVESTMENTS Limited: 10th AGM at the Board Room of The Development Bank of Singapore Ltd, 46th Storey, DBS Building, 6 Shenton Way, Singpore 0106221 words
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Article, Illustration533 1985-03-14 15 mmn mmu, HOCK LOCK SIEW WITH THE benefit of hindsight, one wonders if Malayan United Manufacturing, would have agreed to take up the 24 per cent stake in United Overseas Land, had it realised that the property group would show one of its worst performances last year.HOCK LOCK SIEW - 533 words
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Article294 1985-03-14 15 PEGI MALAYSIA Bhd has every intention of exercising the option it has to buy the non-tyre business of Dunlop Malaysian Industries Bhd from Consolidated Plantations, says a company spokesman. Following the three-fold increase in the value of BTR PLC's offer for Dunlop Holdings PLC, Pegi294 words
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Article897 1985-03-14 15 THE MARKET opened mixed but with a slightly easier bias. At noon, the FT 30 index was down 2.3 points at 968.1, while the FTSE 100 rose 0.1 to 1300.1. Dealers said trading interest was curtailed with sentiment still affected by Tuesday's February UK money supply figures at897 words
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374 1985-03-14 15 CHAN OI CHEE - By CHAN OI CHEE AM COL Electrical Industries Ltd, reporting Its first full-year results as aa enlarged group since the takeover of two electronics companies In late ltB3, has more than kept np its promise to aharehold en. The gronp not only managed374 words
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658 1985-03-14 15 NAJEEB JARHOM - Group pays A 5567,000 for controlling stake By NAJEEB JARHOM CHUAN HUP Marine Ltd has clinched another attractive deal in Australia, buying cheaply into a Brisbane-listed company which is to become the group's vehicle serving its interests there as well as in China.658 words
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368 1985-03-14 15 LEE KIM TAH Holdings Ltd (LKTH) has set up two jointventure companies to expand into overseas markets. The first, Kim Realty Investment Pte Ltd, is with Woh Hup (Pte) Ltd while the other, Madak-LKT Sdn Bhd, is with Promet368 words
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Page 14 Advertisements
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Advertisement78 1985-03-14 14 The EURO-ASIA CENTRE of INSEAD presents a two-week programme ASIAN SENIOR EXECUTIVE PROGRAMME from April 29 to May 10, 1985 in Fontainebleau, France This programme focuses exclusively on the major tasks of senior top managers of Asian companies: Understanding major trends in the business world, shaping strategic capabilities, identifying opportunities78 words
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Advertisement19 1985-03-14 14 (MEW TELEPHONE NUMBER Effective from Mar. 14,1985 473 0111 OIETHELM irJDUSTPJIES PTE I 303 Alexandra Roar). Singapore 031 b19 words
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Page 15 Advertisements
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Advertisement17 1985-03-14 15 cm mm mz •ijrliiijj/i Jii]U3/3 llufjyit'z Lljijujiu L'jXi 'JiliU! The Wbrlds No.l Newsmagazine Read TIME and understand.17 words
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Advertisement141 1985-03-14 15 Let Shing Loong help your business grow 5 v-^Si •t T= lil: ;r 'v B&. ■v®V; XA I /"i; st. 5>V "V. %c r >*• t' < 4 v 8 SjSl FJw' f A, £L r Shing Loong Finance has been selected by the Economic Development Board to operate the141 words
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379 1985-03-14 16 SHAHRIR ARIFF - By SHAHRIR ARIFF THE GROWTH in electricity demand will drop to about 7 or 8 per cent a year in the next five years, reflecting the slowdown in the economy. This compares with an average growth of 11 to 12 per cent when the379 words
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200 1985-03-14 16 UPI MOST SURGEONS recommend total removal of a cancerous breast because they fear malpractice suits, a noted surgeon said. Most surgeons still urge breast removal for small, cancerous tumours "in spite of strong evidence that extensive surgery does no more for theUPI - 200 words
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362 1985-03-14 16 Trial UPI IN TESTIMONY that silenced a crowded courtroom and made a judge teary-eyed, the 11-year-old son of Benigno Aquino's alleged assassin yesterday said a colonel had picked up his father three days before the murder. "We were very happy whenUPI - 362 words
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Article125 1985-03-14 16 UPI INDONESIAN Foreign Minister Mochtar Kusumaatmadja yesterday said he will begin his long-delayed visit to Hanoi today but will avoid the sensitive issue of Cambodia. Mr Mochtar, who has postponed the visit several times while Vietnam mounted its fiercest attacks ever against Cambodian resistanceUPI - 125 words
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266 1985-03-14 16 SEVERAL questions relating to defence and other matters will be raised at the next Parliamentary meeting next week. The Member of Parliament for Delta, Mr Yeo Choo Kok, will ask the First Deputy Prime Minister and the Minister for Defence, Mr266 words
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200 1985-03-14 16 Bernama MALAYSIA is expected to be in a position to produce sufficient good quality beef for domestic consumption and also possible export by 1996. The director-general of veterinary services, Dr Ahmad Mustaffa Babjee, said yesterday that the veterinary services department is still carrying outBernama - 200 words
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Article122 1985-03-14 16 Reuter TAIWAN'S ruling Nationalist Party yesterday appointed a new Economics Minister after a bank scandal involving one of the island's largest industrial groups forced the resignation of his predecessor. A party spokesman said Li Ta-hai, chairman of the China Petroleum Corporation, had been named to theReuter - 122 words
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317 1985-03-14 16 MONICA GWEE - By MONICA GWEE NO GROUP will be "disadvantaged" in the education tax break proposed in the latest Budget. As long as individuals can prove that the money spent on further academic, professional or vocational qualifications is clearly relevant to their work, their applications317 words
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Article62 1985-03-14 16 Reuter WALL STREET stock prices were lower in the first 15 minutes of trading yesterday as the Dow Jones Industrial Average was off over one-half point to 1271. The transportation index was off slightly at 615 and the utilities index was off marginally at 147. Overall, losersReuter - 62 words
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LATE FILE
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Article36 1985-03-14 16 Reuter FREED Sikh political leader Harchand Singh Longowal said in an interview with Tribune that Punjab peace talks with the Indian government would not be resumed unless it accepted his party's five demands.Reuter - 36 words
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Article51 1985-03-14 16 UPI SOVIET President Konstantin Chernenko, with a final kiss from his weeping wife, was buried yesterday in an elaborate Red Square funeral presided over by new Soviet leader Mikhail Gorbachev. Chernenko's body was interred behind Lenin's tomb alongside heroes of the Soviet Union and other leaders.UPI - 51 words
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Article45 1985-03-14 16 AFP FORMER Japanese Prime Minister Kakuei Tanaka was making a smooth recovery from a mild stroke, Susumu Nikaido a senior member of the Tanaka faction in the ruling Liberal Democratic Party quoted the head of Tokyo's Teishin Hospital as saying. AFPAFP - 45 words
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Article32 1985-03-14 16 AFP THE GROUP of 77 and the industrialised nations have adopted conflicting positions at the start of a United Nations conference in Jamaica on the exploitation of international seabed. AFPAFP - 32 words
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Article28 1985-03-14 16 Reuter THE US will supply new air-to-air missiles to Pakistan to improve its air defences against incursions from neighbouring Afghanistan, a senior US official said.Reuter - 28 words
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Page 16 Advertisements
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Advertisement193 1985-03-14 16 MEXICO CITY 8 AM tONDON 2 PM SINGAPORE 10 PM Citißanking* can help keep your company's money working around the clocks From The Ciri of IbmoiTOHi M ..Citiß«ikiiig today. Mail. Telephone. Telex. If your company is still doing most of its banking in traditional ways, it's not just wasting time.193 words
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Advertisement412 1985-03-14 16 A Ground-breaking International Conference on DOING BUSINESS WITH CHINA: STRATEGY TACTICS Main Features The People's Republic of China in International Business Perspectives Industrialised Countries' Trading and Investment Experience with China ASEAN and Newly Industrialised Countries' Business with China Trading with China: Past, Present and Future Investment in and Sale of412 words
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Page 16 Miscellaneous
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Miscellaneous54 1985-03-14 16 wmma Outlook for today: Showers in the late morning and afternoon. Report for 24 hours prior to 7 30pm on March 13 at the otrport Maximum temperature 32.1 Associated humidity 60 Minimum temperature 24.5 Associated humidity 94 Hours of sunshine 8.30 Rainfall in millimetres 0.6 Rainfall this month 37.6 Rainy54 words
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SHIPPING TIMES
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251 1985-03-14 17 P 4 O Cruises's 1,750-pas-senger cruise liner Canberra is returning to world cruising next year, calling at Singapore during the voyage. The 45,000-ton ship has already received many bookings for the first cruise, which will begin at Southampton on Jan 7 next year. The luxury251 words
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Article, Illustration261 1985-03-14 17 JUNE LIM - By JUNE LIM THE CENTAUR, a passen-ger-cargo ship owned jointly by Straits Steamship and Pacific International Lines, has been sold. The 2,625 dwt vessel, which has been in the market for the last year, has been acquired by a Chinese company called261 words
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Article689 1985-03-14 17 •Mpptng Line P«i Cei Afea VI 3 Ahrenkiel Liner V 4 Alphatrans VI 4 Andeka Shpg VI 1 ANL 1 1 A PC Line V 4 APL M 4 ASCL IN 1 Asiobroker V 5 Austasia Line V 1 Bait-Orient VI 4/5 Bangkok Cont VI 2 Bank689 words
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PORT SIDES
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Article58 1985-03-14 17 FORMER navy flagship, the aircraft carrier HMAS Melbourne, has been sold to China United Shipbuilding Co Ltd of Beijing, for a firm Asl.4 million. The carrrier was sold last year to an Australian company for scrapping in Korea but this fell through when the company could not58 words
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Article60 1985-03-14 17 SHIP equipment makers in Japan and Europe will be hit by a further tightening of controls on imports into South Korea this year. The world's second largest shipbuilding nation aims to bring about an almost complete ban on foreign equipment for domestic flag ships and an only60 words
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Article53 1985-03-14 17 THE THAI cabinet has awarded a 636.5 million baht contract to a Thai-Taiwanese joint venture to construct a deep sea port in southern Songkhla province, a governmentspokesman said. He said Ret-Ser Engineering Agency of Taiwan and AS Associated Engineering of Thailand jointly submitted a bid lowerthan those from53 words
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Article50 1985-03-14 17 DAEWOO Shipbuilding and Heavy Machinery Ltd said it has received an order to build a US$l6.5 million well-stimulation vessel for India's Oiland Natural Gas Commission. The Korean shipbuilder said the 80 metre long ship, to be delivered in 1986, will be used in offshore oil recovery operations.50 words
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Article1355 1985-03-14 18 Singapore National Shipper's Council ALGERIA Algiers Feb 14th. 2-3 days. 12 to 24 vessels to roads. ANGOLA Luanda Feb 22nd. 6 days. 11 vessels berthed, 5 anchored. Lobito 4 days.B vessels berth, 1 anchored. ARGENTINA Buenos Aires Feb 26th. All open quay berths and 1 elevator berth occupied.Singapore National Shipper's Council - 1,355 words
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329 1985-03-14 18 NORWEGIAN group Wilh Wilhelmsen, the parent company of Barber Blue Sea, almost doubled its income last year. The group, presently restructuring its liner network, said that income before year-end allocations totalled NorKr32o million (US$34.B million) for 1984 comapred with Kr 180 million the329 words
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158 1985-03-14 18 NIPPON Yusen Kaisha Line has restructured its bulk shipping divisions. The Japanese line has put general manager Hiroshi Takahashi in charge of Business Division I, which is now called the liner division. The other two business divisions, II and HI, have been recreated into three158 words
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Article, Illustration163 1985-03-14 18 CHUAN Hup Offshore Services recently secured a two-year charter from Wijsmuller Marine Services (Far East) for the utility vessel Osam Leopard, effective Feb 4. Esso Production Malaysia will use the two-year old Osam Leopard to support their operations at the Trengganu Crude Oil Terminal near163 words
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Article1894 1985-03-14 18 VERY quiet chartering is reported in all sectors of the freight market on Tuesday, shipbrokers said. Grain operators paid US$l6 for the voyage from the US Gulf to Egypt compared with $16.50 towards the end of February while they covered 24,000 long tons from the US North Pacific1,894 words
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242 1985-03-14 19 Reuter WARRING Iran and Iraq have hit 127 ships in attacks in the Gulf since May 1981, Lloyd's Shipping Intelligence said on Tuesday. It said the two countries had struck 15 vessels this year. Most of the attacks have been from the airReuter - 242 words
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569 1985-03-14 19 Lloyd's List BOTH banks and potential cruise ship operators need to rethink how they finance newbuildings, says a leading shipping banker. Mr Mark Rowan, of New York's Morgan Guaranty Trust Co, suggested that one method might be to raise equity by public offeringsLloyd's List - 569 words
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Article142 1985-03-14 19 OIL pollution penalties along the New South Wales coast have doubled to a maximum of AJIOO.OOO and in future, polluters will have to pay full clean-up costs, which totalled more than $1 million in one recent incident. Botany Bay, Sydney's oil port, has had four major spills142 words
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233 1985-03-14 19 THE dispute between Japan and the Philippines over the transportation of logs between the two countries is developing into a major trade dispute. For the first time since its enactment in 1977, Japan is set to put into force its flag discrimination law to233 words
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Article118 1985-03-14 19 AFP INDONESIAN police have seized 340 crocodiles and detained the owner of the company which bought them in the provincial capital of East Indonesia's Irian Jaya. The live fresh-water crocodiles were found on a motor vessel which had arrived at Jayapura from the Memberamo riverAFP - 118 words
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Article191 1985-03-14 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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5221 1985-03-14 24 aecaaaasa A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of5,221 words
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Article675 1985-03-14 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Tonah Air 18NB K Chance 20E Tor Bay 21/512 Harvester 1 OS/85 N Zircon 45S/N B Penaga 106/85 E Promoter 097L K Kozlovskiy 6BW/85 E675 words
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Article1817 1985-03-14 25 The leading shipping lines operating from local ports and their agents. A-B AFF.A African Shipping Agencies <Si Afro-Earaaia line Transgroup < S► Ahrenklel Liner Service Kim Shpg ISI Alfred C Toepler Oceanus Shipping Agencies ISI Marintex Enterprise <PKi Alpar Intrasea ISI Biniang Shpg IKLI Island Cargo1,817 words
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Article492 1985-03-14 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Builder III K23 T Soon alongside 14.3.85/0700 C'tlna Isabel K33 P Simons alongside 14.3.85/0700 Illlrla/P Kll SSPL alongside 14.3.85/1700 Jenhol K22 T Soon alongside 14.3.85/1200 RA Emerson K29 Leo Shpg alongside 14.3.85/0500 Str Pride K24W SSPL alongside492 words
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Page 17 Advertisements
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Advertisement601 1985-03-14 17 HEUNG-A SHIPPING Korea Ftat Vtlx -Regular Liner Semi-Container Service To: P. Kdanf/Penanf Busan/lnchon Fm: Busan/Moji S'pore Afent: Neptune Agencies he Ltd Tel: *****77 P.K. *****4, PM *****5 K.L. *****0 jV Si NORWEGIAN group Wilh Wilhelmsen, the parent company of Barber Blua Saa, almoat doubled ita income laat yaar II BOTH601 words
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Advertisement294 1985-03-14 17 UNITED ARAB SHIPPING CO (SAGI sIIASC SEALOPD SHIPPING AGENCIES ro Shtnlon Ma r 04 O}C Minna Hou» S.ognpor# 020T T«.l *****94 ,Mo CES o*fic# TPC 03 30 T«l *****31 »nd *****12 T®rmin»l oMir« TPC 03 29 T»l No 2272«90'2720T93 NATIONAL UK EXPRESS FULL CONTAINER SERVICE MB: 1) Acceptanf LCI tar294 words
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Advertisement981 1985-03-14 17 Forc*9 n Excticin9® Dealing^ Pubkshmd by TIMES BOOKS INTERNATIONAL T>mes Centre 1 New Industrial Road Spore 1953 T«i: *****44 A O' limes «garwiC*«y^ MAERSK LINE EXPORT TO USA, EUROPE. MIDDLE EAST. WEST AFRICA ASIA jot I'M IHI <.ril Ml W1 n hAs I < AN A INI \M »1( l|\l981 words
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Page 18 Advertisements
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Advertisement369 1985-03-14 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Feeder Vsl «S ACI f MM. T ACE Pacific South West Feeder at Tokyo Mother *Sl LA/LB OAK I. AKXIO 22/4 25/4 I. APOIIO 22/4 25/4 ZEEIANDIA t 5 9, 5 ZEEIANDW 6/5 9/5 Pacific North Wast Feeder at Kobe Mother Wl SEA!369 words
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Advertisement306 1985-03-14 18 mall Supercarrier Service V«wt BARBER IMF BARBER TOM BARBER TMTA BARBER MR* BAREKR TONSBERC BARBER TEIAS 22/3 23/ 31/3 1/ 10/4 12/ 22 4 23/ 1/5 2/ 10 b 12/ NEXT AEWIVAtS BARBER TEXAS IB'3 BARBER PERSEUS 27 3. BARBER PRIAM 7/4. BARBER HECTOR 17/4 TO: CALIFORNIA PANAMA US ATLANTIC306 words
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Page 19 Advertisements
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Advertisement783 1985-03-14 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok OCX Overseas Containers Limited COWTAINERSHIP SERVICE TO UK CONTINENT TOKIO express CARDIGAN BAT OSAKA UT LNDfOOI UT TOKTO UT KITANO MARU THAtCS MARU OTT OF EDMURGH TOKO EXPRESS cardigan ut Abo Accepting Cargo For: It Capenluten.783 words
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Advertisement714 1985-03-14 19 Franco Belgian Services F+t foi. iirrwi Be ,-vj* Far EasUr* L»«u«) (MEMBER OF ACE CONSORTIUM) nit coin wo sowice to eubobe hi.l twiw STOBE P*ELAN6Lt Mjnre«djm Ham rKi*e« KOREAN MCEMI 17 M» IS Mar tl|r 10 Apr 12 Apr 14 Apr IS Apr It Apr HOPE AW CHANCE 24 Mar714 words
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Page 20 Advertisements
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Advertisement438 1985-03-14 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandinavia. Med. Carribean &S. America Inland haulage to inland destinations in Europe TO EUROPE/MED S pore P KelangPenangleiioes Bifcao Genoa Hbwg Antwerp m YOUNUS 19/3 23/3 25/3 14/4 21/« 24/4 HK Loot Oakland Seattle Beach Taconu 27/3 15/4 13/4 23/3 7/4 27/3 15/4438 words
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Advertisement294 1985-03-14 20 M S LINE FULLY CONTAINERI SEP SERVICE J-" ,J»W 9 4 114 13 4 16 4 18 4 ?0 4 23 4 K4 71 4 30 4 2•> 4 S s 9 s ii s *ISO 10ALHNI. tOU BRt Ml RHAVI N HONGKONG CONTAMR 431 CWVUH PAUL 4X CWVAIfR ROZI294 words
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Advertisement533 1985-03-14 20 THONG SOON AGENCIES PTL LIB. *09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88 TELEX RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SABAH PORT *BUHDER m 22 Mar 25 Mar I 1 Apr 3 Apr I JENSON 22 Mar 24 Mar I 1 Apr 3 Apr I533 words
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Advertisement638 1985-03-14 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED./FE) USO ACCEPTMG CARGO 10 1) PROWDENCf NEWARK SAKANNAH BOSTON PHKAOEIPHW NORFOLK lACKSONWILE MIMNGION ETC 2) ATI ANT A CWCAGO HTItOII COIUMUS I OTMtB MAJOR MOOBRCGE DESTMATIONS 3i CRISTOBU BAIBOA PANAMA CITY COION SAN UM SAMTO I WW ORLEANS HOUSTON WA KMCSION638 words
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Advertisement322 1985-03-14 20 US I NOSE u MARITIME PTE LTD Plnfil islamic republic of IRAN SHIPPING LINES IRANIAN SERVICES Srifipore Loadnf lor VESSEL 30/3 B Abbas B Khomcn AGENTS .INGAPORf SWOSE MARITIME PTE ITO Ttl 7701U4 1 I *****/0 PORT HUANG MAiOSt MARIIMt SDN BHD tH *****7 3 PtIWNG MAIArSIA TRADE 4 TRANSPORT322 words
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Page 21 Advertisements
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Advertisement787 1985-03-14 21 v\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 KOTA PUSAKA KOTA WANGSA KOTA WIJAVA KOTA SALAM KOTA JAYA KOTA MUTIARA VOYAGE HONGKONG SINGAPORE LOADING FOR: E-553 *****/3 20-23/3 ADEN, HOOEIDAH, JEDDAH, AOABA. PT SUDAN. E 555 17-18/3 22-24/3 BERBERA, MOGADISCIO. TAMATAVE. MOMBASA. D SALAAM787 words
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Advertisement925 1985-03-14 21 BEN LINE CONTAINERS EXPRESS CONTJUfCR SERVICE TO/FROM EUROPE HOM EUROPE HAM tona Bit MM) Liverpool Bav Sited Fiinkturt Eipresi Sided Takft Bit Sited Mjno Mm, 14/1 Hwnbwi Eipnu It 3 Thwnei Kbru 11/3 C*T ol Eiknbw|ti 27/3 I Betuton 1/4 El* OP? B HAVEN Sided Sided Sated Sided 16 3925 words
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Advertisement634 1985-03-14 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pore Service Ful Container Vessel WEST BOUND sp»« Üburi Amsterdam H'bur| ntufip bub ijuam ii/] (Disc o*r> vi owe Sport Bdbao London Bremen A dam It dam H burj SJtMIIAVA VI3NB 24/3 23 I* 21 4 30/4 2/5 4/5 HUTAi *s*B 22 24634 words
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Advertisement539 1985-03-14 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadvtt for Rangoon Htoneywa V2OO Phashwegyawywa V 251 14/15 Mar P.KeUnt In Port Pen** 25/26 Har Pa-an VSI Pagan VSSW 20/23 Mar 29/31 Mar Y> BANK LINE -CONTAHER SERVICE TO UK/CONT I SPORE R'DAM HULL HMBG IVYBANK 12539 words
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Page 22 Advertisements
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Advertisement1268 1985-03-14 22 K LINE KAWASAKI KISEN KAISHA, LTD. n« von a»Y*MC«u» ma WW s«««« ASiA STAR *34 IBN *Sl V Mai It Mar 20 Mar 27 Hl* 6 *<* ft May 2 N»i 7 to. Ito 11 to 1J 6Km 7to Ito Hto 13 to CENTRAL AMERICA/CARIBBEAN SEA Kiut* m ASU SIM1,268 words
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Advertisement566 1985-03-14 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE (MiMKluf lOS ANMItS SAN IRANI (SCO SiAITII lAHJMA vANnxiVtR §C A. i tpting tCI fCI CuMjmims AUSTRALIA EXPRESS CONTAINER SERVICE Aurpli'it ICI ICI CtMauwr* VtSHVA MUMUW ?1 7? M,r KAMI* ft 71 M.r 7» Mr MBIRUA 1/ 18 V RAVKJAS ?t 71 Hp566 words
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Advertisement475 1985-03-14 22 SANKD ASIA FROM JAPAN* S£ PORTS ANO HONGKONG tTc GOLDEN LINE Wre SSk GUAN GUAN SHIPPING (PTE) LTD Rajn t ,un f P'onncul B*t Buhfcnt 60 Cecd Street 4 SfIGAPORI 0104 TEL *****90 (10 IMS) 1 Kujij limp* ***** W P KeUnt 3*7* l Perunf *****1 Piw Gudyit OMNI KOTO475 words
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Advertisement608 1985-03-14 22 t INTRASEA (PTE) LTD, 10 Anson Road »27 16 International Plaza —Singapore 0207 Tel *****1 1 (10 Lmesl M<QjBI£L&EA-JLEBnt BREAKBULK SERVICE TO EUROPE/UK S pore P Ketanfloidnt SAM EDUARDO *****0? Saied In Port ROT T ANT/U K (AWN) JSEAWOOD AND R.M.Z.^ S pore PKelang Loadmf for: AIEV 1/4 leddah Montak608 words
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Page 23 Advertisements
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Advertisement668 1985-03-14 23 tNOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): K JACEJtN 28* TN BRDGE 24N C CONTAINER 29W. K CHANCE 21* HK CONTAINER 44W Also accepting cargo to/from Scandinavia K JACEJIN S pore Closing Times ECL Cargo 0800 17/3 LCL Cargo 2000 16/3 FROM EUROPE (VIA SUEZ) 19/3 20/3 26/3668 words
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Advertisement596 1985-03-14 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN INCHON No I No No 7 No No I M2N 502N WIN 507N I IS 4 SO* 77/4 SPIWI lUNIS Nt PTUNI AGENCIES PTE I ID lel 7899 7 7 *****34 <Boo**ts> ???7blo ??1?02? (Operaham) ?2??48/ ??09?84596 words
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Advertisement881 1985-03-14 23 SMSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Sin|apore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S PENMG MESSRS MAI THONG SHTfWG 23 KeW Quay Penang CaWes lAYAPOH PtNANG Tel ***** ***** Trtei MA 4004 i881 words
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Advertisement44 1985-03-14 23 SIM SWEE JOO SHIPPING SDN BHD i EXPRESS TO BINTULU P. Keianf Penary Lojdnt for SWEE LONG SATU Voy 72 19/3 Bmtuki. ttri RBUAN J*Y* Voy 45 21/3 Kuchnf. Siw. Agents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6 7 K.L. *****7 *****1 Penang *****44 words
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Page 24 Advertisements
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Advertisement661 1985-03-14 24 B Regional Container Lincv gSSSSSij 3 Sailings Weekly fJ Reliable Regular Punctual Berthing P.S.A. Mon, Wed Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER I I.TRA HKAVY LIFT CAKKIFK SINGAPORE ISLANDS LINE S pore Lojdint for TAWAN THAI 19/20 Mar Bombay TBN 27/28 Mar Pt. Louis, Reunion. Tamatave, Mombassa.661 words
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Page 24 Miscellaneous
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Miscellaneous180 1985-03-14 24 Regional Weather fife 'A s 4 ft I t4 >\ > MS 2& I Ws IS ?y <( m s &m s» KS A. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c^' Wind direction with speed in knots Wave height One half tleche represents 5 knots R180 words
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Page 25 Advertisements
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Advertisement85 1985-03-14 25 HSC AGENCES K. LUMPUR P. KELANG PEHANG P. GUDANG J. BAHARU LEOSMP SPORE *****1/*****6/*****1/*****3 *****1/4 TERMMAL 3SS3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 22SSH/22UH/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE mr«TTfi i;«:'i:ni imm HTM rW!7TiTTTB FTI m| ETC— FH— F7CIM f ALSO ACOTTWG FOR: ANTWERP, L. HARBE. UK. BREMEN, COPENHAGEN. OSLO ALSO ACCEPTORS FROM EUROPE:85 words
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Advertisement142 1985-03-14 25 APONEX Mm LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN Vessel Singapore P. K •tang Penang KEPONG I S Sailed Sailed In Port KEMPAS I S Apr 3/4 Apr 5/5 Apr 6/6 For further porticulors, pieoie contoct: POMEX MAYA SDN BHD 12th Floor, Bongunan Kuwasa Jalan Raja Lout, Kuala Lumpur Telex MA *****142 words
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Advertisement212 1985-03-14 25 m n is rfjrn TT rq vm i/.J M.'l •CAiam* Scan Dutch To Europe (Med/UK/NC/Scan) ACCEPTMG/SMJNG 3) HAMBURG 4) GOTHENBURG To Red Sea/Mediterranean FE P. KELAHG B Butane 26/3 B Butane 29/3 N. Van Piemen WoenyJrecht JEODAH BEIRUT I LIMASSOL I PIRAEUS From Europe MOTHER VESSEL HOHG KONG SINGAPORE P.212 words
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Page 26 Advertisements
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Advertisement217 1985-03-14 26 PERKINS S PORE/ MRWM/HK BROOME SUBJECT MDUCEIOT VESSEL OCEAN TRADER ETA S'pn 24 Mar Acctptaig carp tar Dararwv Port Mw«U>y. LM VMM MAX UFT 70 TONES AVALABU WORLD 'pf* LINE EXPRESS REGULAR SERVICE IAPAN/HONGKONG/STRAITS ALSO ACCEPTING CARGO TO PORT KfIANG VESSELS SPORE P KEIANG TWPKAL KNUS n. 13 N» 22/74217 words
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Advertisement363 1985-03-14 26 W MitsuiOSK.Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S EAST AFRICA HEROINAE 1 ALTAI MARU 2 GLORIA PEAK 2 M GRACE WEST AFRICA EARNEST VENTURE 15 Mar Mombasa, Daressalaam Beira, Tamatave 22 Mar Mombasa. Daressalaam 25 Mar Port Louis. Reunion 5 Apr Mombasa. Daressalaam. Tamatave EARNEST VENTURE 8 Apr Monrovia. Abidjan. Lome. Apapa. Douala.363 words
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