The Business Times, 19 March 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, MARCH 19, 1185 60 CENTS
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  • 392 1  -  By RAY HEATH DIFFERENCES over development strategy have resulted in the breaking up of the joint computer systems venture set up by Sime Darby and the UK CAP group in 1983. The decision to discontinue the venture was finalised only two weeks
    392 words
  • 575 1  -  Teh says no plan for reduction By FOO CHOY PENG FURTHER relief for the small businessman was provided yesterday when the Minister for National Development, Mr Teh Cheang Wan, announced that rent increases on Housing and Development Board shops this September would
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  • 514 1  -  By ALAN LEE THE OWNER and manager of Parkway Parade is adopting a three-pronged strategy to tackle the problem posed by its more than 250 tenants who are demanding a 30 per cent cut in rents. Parkway Properties, the owner and manager of Parkway Parade, has
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  • 254 1 tenants dismiss move as 'eyewash' TENANTS OF Parkway Parade have decided to suspend paying their rents until the landlord is prepared to negotiate "more realistic" terms. They have also decided to close shop again to protest against what they consider to be high rentals charged by the landlord, Parkway Properties.
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  • Article, Illustration
    97 1 TURNOVER fell below the It million mark yesterday, tor the first time In nearly three weeks. Dealers said Investor* were staying en the sidelines, dne to the absence «< leads en both the local aad overseas fronts. However, they feel that the undertone of the local market remains
    97 words
  • 345 1  -  By GRACE YU A CANADIAN COMPUTER software company wants to develop software packages here but will not do so unless the government provides sufficient protection against piracy. Rhodnius, which develops software that runs on the Unix operating system, intends to develop its products in
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  • 81 1 PRESIDENT Nair's condition has stabilised. He is still under medication and no visitors except for his immediate family are allowed. The Ministry of Health said yesterday: "His doctors have commenced a series of investi- gations to look into his liver problem. It will take a few
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  • 468 1  -  By ALVIN TAY THE ALMOST two-year-old tax exemption scheme for offshore funds management is a boost to the industry, but more can still be done to make Singapore competitive with other centres. The chairman of Banque Paribas, Mr Jean-Yves Haberer, told BT in
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  • 92 1 PARIBAS South East Asia, the merchant banking arm of Banque Pari has, has been given the mandate to manage a new public issue of a locally-owned manufacturing company. The bank declined to give further information except that the application for public listing
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  • Page 1 Advertisements
    • 44 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM We have the Model to suit your office furniture bJ PTE. LTD. HMd Office: 1 Toa Rayah Industrial ftjrk *01-1387 Singapore 1231. Tel: *****42 (4 lines) Showroom: 1 Maritime Square *02-68/9, World Trade Centre Singapore 0409. Tel: *****46/7
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    • 186 1 SHARE INFORMATION DOONESBURY MONEY EXCHANGES OUR VIEW SOME GOOD con result from the-shopkeepers' strike ot Parkway Parade if it leads eventually to an improved relationship between tenants and landlord. But the experience of Centrepoint suggest that a longer working relationship is necessary. Both parties have to occept that they are
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    • 5 1 More Parliament reports, Back Page ^*')?=!!>,|{_$*\?>>-'_,{>\</?)_ ,"),(_$&-?|:[!||)-_,]+`<{'~?[</
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    • 85 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "Why did KLM win thel9B4 Passenger Senice Award?" u Try them!" 1964 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 service, and in particular the innovations
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  • Page 2 Advertisements
    • 96 2 Computers and Communications the opening of a new era in office productivity, j The newest member of NEC's global family, NEC Business Systems (Singapore) Pte. Ltd. supplies businesses with key telephones, facsimiles and PABX's from NEC, the world leader in integrating Computers and Communications. C&C business systems is from the
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  • HOME NEWS
    • 461 3  -  By JAIME LYE IT WILL BE less painful for hoteliers to provide live entertainment now that their breakeven point has been lowered by the cut in entertainment duty. One leading hotelier said that it had previously been losing money on almost every show it
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    • 81 3 THE PUBLIC Works Department will be dismantling and demolishing the existing steel pedestrian overhead bridge at Bukit Timah Road near Corona"lion Road from today to ThurstJav between I.ooam and 5.00 am '^teily. During these periods, a por"faon of Bukit Timah Road be<tween Evans
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    • 163 3 CINEMAS have no plans to revise admission prices in spite of a reduction in entertainment duty from next month and the lifting of government controls on ticket prices. This was the upshot of the annual general meeting held yesterday by the Cinema Exhibitors' Association.
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    • 49 3 TELECOMS HAS introduced the Telefax service to France, the Principality of Andorra and the Principality of Monaco with effect from yesterday. The service is available from all post offices and Telecoms customer services outlets. Charges for the service is Ss27 par A 4 size page.
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    • 337 3  -  Four-day exhibition at Hyatt Hotel By BOEY KIT YIN LOCAL IMPORTERS bought US$2OO million worth of textiles and yarn from Taiwan last year, making Singapore its second largest market. But Taiwanese manufacturers want Singapore to become their biggest market, and a 60member
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    • 227 3 RAPID GROWTH in bilateral trade with Italy in the past two years has prompted the Trade Development Board to appoint a trade representative in the country to promote local exports. Trade with Italy last year grew 19 per cent to reach $1.43 billion,
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    • 354 3 THE COMMUNITY Chest of Singapore will embark on a new advertising campaign beginning on April 1. It will be an extension of lastl year's theme. Conceptualised by McCann-Erickson (Singapore), the commercials on telerision, posters, brochures and newsletters will show deaf-mute Mr Roland Yeo
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    • 396 3 COOKMATE (S) PTE LTD, franchise holder of Big Rooster, the Australian fast-food chain, is planning to move into the catering market Cbokmate's managing director, Mr Mohan Premchand, is confident there will be a strong demand for the Big Rooster catering service, which will
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    • 236 3 WAFFLETOWN, a US fast food chain, is in Singapore to join in the keen competition of fast food business. However, it has set its eyes not on Orchard Road but on housing board estates and suburban areas. A local company, called Waffletown USA Far East, set
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    • 113 3 METROBILT CONSTRUCTION has been awarded the building contract for the (18.2 million junior college in Tampines New Town. Piling has already been completed and Metrobilt should move in by March this year. Scheduled for completion by end-October 1906, the junior college will be the sixth
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    • 130 3 THE HIGHLIGHT of Offshore China '85 will be a half-day "completely off-the-record" closed-door discussion for leading Chinese officials and senior foreign oil executives to discuss mutual problems and propose solutions. This session is intended to "cement business relationships and lead to a better understand-' ing
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    • 216 3 EXHim nON organisers should cooperate and stage just a few big shows each year which are international industry events if Singapore is to be placed higher on the world exhibition calendar. Mr lan Gladding, director of American-based Cahners Exposition Group, the world's largest exhibition
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  • Page 3 Advertisements
    • 590 3 FACTORY FOR LEASE Rental: 70* per sq.ft. AREA: 10,800/12,800/14,400/ 21,600/40,000/60,000 tq.fi FACILITIES: Sanitary, water, sprinkle system, electricity 100 KVA Ground Factory/Warehouse/ Height 32 feet. Suitable for all types of industry, except food LOCATION: Near Jurong bus interchange Tel: *****59 ADVERTISEMENT SANTA TOUR'S SPECIAL INVITATION TO THE FIRST STUDY TEAM OF
      590 words
    • 147 3 Express your individuality Express your personality with a distinctive, vital look which you can easily coordinate 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 reflect
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  • OVERSEAS
    • 442 4 Change of mood in House on arms spending NYT REPRESENTATIVE Les Aspin, chairman of the US House Armed Services Committee, has said that Congress might vote to reduce the 1986 military budget. President Reagan has requested an increase in military spending to US$3l3 billion for the
      NYT  -  442 words
    • 151 4 Reuter FORMER US ambassador to New Zealand Ann Martindell disclosed yesterday that she had banned port calls by nucleararmed US warships when she was ex-president Carter's envoy there from 1979 to 1981. In an interview from Washington on Radio New Zealand, she said she
      Reuter  -  151 words
    • 74 4 TWELVE men and women from the US, Wert Germany and India organised a Peace Walk for Central America, starting from Costa Rica and ending in Mexico. The pacifists expect to walk through some of the war-torn parts of Nicaragua, El Salvador and Guatemala to
      Reuter picture  -  74 words
    • 420 4 Reuter A SPECIAL Opec committee will meet in Geneva this week to review the latest efforts to support fragile world oil prices by limiting production. Members of the ministerial executive council, headed by Saudi Arabian Oil Minister Sheikh Ahmed Zaki Yamani, will be attending the
      Reuter  -  420 words
    • 151 4 Reuter EEC foreign ministers yesterday resumed intensive efforts to finalise a joint bargaining position on Spanish and Portuguese membership. Italian Foreign Minister Giulio Andreotti, chairman of the-four-day conference which opened in Brussels on Sunday, met the chief Iberian negotiators, Spanish Foreign Minister Fernando Moran and Portuguese
      Reuter  -  151 words
    • 117 4 Reuter A CONTROVERSIAL churchman was in trouble again yesterday over remarks that Britain might be heading towards a police state under Prime Minister Margaret Thatcher. In his latest clash with the government, the Bishop of Durham Dr David Jenkins said the future looked bleak unless Mrs
      Reuter  -  117 words
    • 441 4 NYT GOVERNOR Bruce Babbitt of Arizona, his ambition stoked by a burst of interest by fellow Democrats and the national press, is meeting advisers this weekend to discuss making what he calls the darkest of dark horse bids for the presidency in 1968. In the soul-searching
      NYT  -  441 words
    • 116 4 Reuter RUSSIAN film director AndreiTarkovsky, who defected to thi West last year, said he hope! the appointment of new Soviet leader Mikhail Gorbachev woul 1 lead to his rehabilitation in the Soviet Union. He said his name had been systematically deleted from Soviet film
      Reuter  -  116 words
    • 239 4 UPI THE CANDIDATE chosen by Greek Socialist Prime Minister Andreas Papandreou's party to replace President Constantine Karamanlis has failed to win approval from Parliament in the first round of voting. Conservative Members of Parliament boycotted the balloting on Sunday to protest aginst Papandreou's refusal
      UPI  -  239 words
    • 128 4 Reuter AMERICANS take too much trouble trying to enjoy themselves, says a sociologist at the University of Pennsylvania after a lengthy study on the subject. "Americans are too frenetic in their leisure activities, which have become increasingly important because they are seen as defining people
      Reuter  -  128 words
    • 131 4 AP A WAVE of strikes for higher pay by British schoolteachers yesterday disrupted educatioa across the country. The two biggest teaching unions called out 11,600 teachers in England and Wales and 16,000 in Scotland in selected areas to press demands for higher pay. Schooling
      AP  -  131 words
    • 682 4 ARRIVALS Operator Service Local From number time PAA PAS 0155 JFK/SFO/H*G CV CV796 0315 LUX/DXB MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH8II 0940 PEN RBA BI42I 1000 BWN SIA SQI03 1005 KUL CPA CX710 1030 HLP
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    • 299 4 Reuter PRESIDENT REAGAN and Canadian leader Brian Mulroney launched their "Shamrock Summit" by appointing two high-lev-el envoys to fight acid rain. The two leaders, attempting to break a three-year stalemate over the thorny issue, made the announcement yesterday at the start of a
      Reuter  -  299 words
    • 306 5 AP MALAYSIAN Prime Minister Mahathir Mohamad discussed Cambodia with Indonesia's President Suharto yesterday and received a complete report on Vietnam's latest proposal to settle the conflict there. While Dr Mahathir declined to comment on the proposal, Malaysian Foreign Minister Tengku Ahmad Rithauddeen said it
      AP  -  306 words
    • WORLD IN BRIEF
      • 58 5 JAPAN'S elusive "man with 21 faces" cyanide extortion gang marked the first anniversary of the abduction of a candy executive with a warning that "we will do something big by summer". Police in Tokyo said yesterday that the warning was contained in a typed letter found in the
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      • 117 5 JAPANESE Foreign Minister Shintaro Abe is to visit Washington on April 14 for talks with US Secretary of State George Shultz, in which he will set out upcoming Japanese market-opening measures. The Foreign Ministry in Tokyo said yesterday that Mr Abe will explain to Mr Shultz a
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      • 74 5 THE number of foreigners visiting Japan grew 7.1 per cent from 1983 to a record 2,036,488 last year. The Justice Ministry in Tokyo said yesterday that the US was again the largest national group with 437,745 Americans visiting Japan, followed by 351,294 Taiwanese, 292,483 South Koreans, 167,521
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      • 80 5 SIX WORKERS of a rattan processing company in Jakar- ta were hospitalised on Saturday after inhaling hydrochloric gas. Pelita Daily said yesterday that the six workers were rushed to a hospit J when a company official 'ound out that they were having difficulty in breathing while cleaning rattan
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      • 65 5 Agencies VIETNAM and East Germany have discussed stepping up bilateral trade and T economic links. The Vietnam News Agency in Hanoi said yesterday that talks on deepening trade and economic ties were held during a visit to East Germany by Foreign Trade Minister Le Khac. He attended the
        Agencies  -  65 words
    • 292 5 UPI THE FORMER Philippine Foreign Minister, fired for criticising government policy, warned yesterday that a plan by President Ferdinand Marcos to limit radio and television stations threatens to silence government critics prior to elections next year. A statement issued by the presidential palace
      UPI  -  292 words
    • 423 5 MICHAEL ARMACOST, US Undersecretary of State for Political Affairs, arrived in Beijing on Sunday for talks on foreign policy and said he would discuss the new Soviet leadership of Mikhail Gorbachev with Chinese officials. Armacost said his visit was part of a process of
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    • 281 5 Reuter CHINA HAS announced plans to crack down on a thriving black market in foreign currency and burgeoning speculation in key raw materials and luxury goods. A government circular published in the People's Daily yesterday said foreign currency may circulate only in areas, hotels and shops that
      Reuter  -  281 words
    • 94 5 AFP JAPAN is considering a license production of the "Tornado" fighters, jointly developed by Britain, Italy and West Germany, as the Defence Agency's next mainstay support fighters. The Tokyo daily Yomiuri Shim bun yesterday quoted Defence Agency sources as saying Japan is now deploying 70
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    • 268 5 AFP LAWYERS for General Fabian Ver and six others accused in the Benigno Aquino murder yesterday asked the court trying the case to exclude as evidence the seven's testimony before a board which investigated the slaying. Lawyers Antonio Coronel and Rodolfo Jimenez told the
      AFP  -  268 words
  • Page 4 Advertisements
    • 151 4 HERE'S HOW TO GET A COMPLETE OFFICE FOR THE PRICE OF A ROOM By complete office, we mean a prestigious address, an impressive reception area, conference room, receptionist/switchboard operator and access to modern office equipment such as word-processor, telex, facsimile, photocopying, etc. It's a modem office concept In office leasing
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    • 29 4 /Wl Pan Am Is l iving l o San I rancisco, Honolulu \nd New "S ork I rom Hongkong and I ok\ o I)ail\. For Updated Information Call *****11
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  • Page 4 Miscellaneous

  • Page 5 Advertisements
    • 449 5 WHO SAID COMPANY CARS HAD TO BE DULL? It certainly wasn't us. But somebody must be saying it (and somebody listening), because most company cars these days do seem to be a little on the dull side. Dull to travel in. Dull to look at. And worst of all, dull
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  • BANKKING AND FINANCE
    • 632 6 Citicorp and Morgan Guaranty the most popular MAJOR US commercial and investment banks dominated the rankings of leading banks in 10 corporate services, according to a survey by UK-based monthly magazine, "Euromoney Corporate Finance". Of the 40 positions in the entire survey, only six
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    • 499 6 Reuter WIDESPREAD "laundering" of illicit funds by drug dealers through respectable US banks is likely to bring tougher currency reporting laws and stricter enforcement of existing legislation. The US Bank Secrecy Act requires banks to notify the Treasury Department of cash transactions,
      Reuter  -  499 words
    • 216 6 Reuter BUNDESBANK president Karl Otto Poehl has warned Europe against putting too much hope in the ECU (European Currency Unit) playing a bigger role in the world monetary system. Mr Poehl, writing in the Frankfurter Allgemaine newspaper, said as long as the ECU was
      Reuter  -  216 words
    • 111 6 Reuter THE PHILIPPINE central bank has filed a complaint with the Justice Ministry against 15 senior officials of Banco Filipino Savings and Mortgage Bank and two sister companies for allegedly embezzling 332 million pesos last year. A Justice Ministry spokesman said a special task force
      Reuter  -  111 words
    • 119 6 ABOUT 70 savings and loanbanks in Ohio, closad in tha biggast US "bank holiday" sinca tha Graat Daprassion, hava baan told not to ra-opan until thay apply for govern-mant-backad inauranca. Ohio govarnor Richard Celeste. who daclarad a threeday bank holiday laat Friday aftar
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    • 418 6 Reuter MANUFACTURERS HANOVER TRUST CO has called a meeting of the Philippines' bank advisory committee this week amid deepening worries over the continued refusal of a major creditor to subscribe to a US$lO billion rescue package for the Manila government. Bankers say
      Reuter  -  418 words
  • MONEY AND EXCHANGES
    • 660 6 SINGAPORE The US dollar closed lower against most major currencies yesterday after moving within a narrow range in thin trading. Dealers attributed the dollar's weaker trend to market concern over the closure of thrift institutions in the US state of Ohio. The 0.5 per cent fall in US
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    • 239 6 Interbank rates at 3pm yesterday: Local dollars to ooe uwl of foreign quoted y vtertfey c# «m parity change currency: US dolor 2.2715 ***** 2 8196 -19 44 Sterling pound 2 4679 ***** 7 3469 -66 41 Australian dollar 1 5639 1 5668 3 4286 -54 39 NZ
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    • Article, Illustration
      281 6 Asian market •«OCATES the averse the prime lendng rites of 12 major banks operatnj in Sdfapore Interbank deposit i -ate* us$ OHer •id 7 boy 8 7/8 8 3/4 1 month 9 8 7/8 2 months 9 1/8 9 3 months 9 3/8 9 1/4 6 months 10 9 7/8
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    • 417 6 BA Futures EURODOLLAR futures opened firm yesterday on carried over buying interest from Chicago. The June contract opened 2 ticks better than IMM's 89.44 close. However, strong selling from American brokerage houses appeared in mid-session to push prices down to a low of 89.42 for June Eurodollars. Liffe opening
      BA Futures  -  417 words
    • 258 6 HONGKONG The metal closed slightly higher yesterday as a result of late shortcovering in view of the weaker US dollar. US commission houses were active sellers in initial trading but bought back near the close. In addition some European buying was seen. Concern about Friday's announcement on closure of
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    • 67 6 THE OVERNIGHT rate on the Singapore interbank money market closed unchanged yesterday from Friday's 6 per cent. The one-month term rate rose by 3/16-point, while the two-month and three-month rates rose a uniform 1 8-point. S$ Interbank rates at 3pm yesterday: OH* l«d Over ™ght 6 5 7/8
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  • Page 6 Advertisements
    • 120 6 v itu'. 4 m Memories X!> |itj»-> hoaul n leetint; imi~.r Ix runmnc latt lin L'i.ul Ik asktil me to tonic hv ni\self in «..is- he was ilelavtil I lit. mtisk aiuJ atmosphert brines haik memories ot the time lie proposed three tars act> i>*lav 'Hit servitt is still im|x\iahlc
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    • 6 6 Stockbrokers launder drug money, Pago 10
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  • WORLD BACKGROUND
    • 950 7 FT THE NEED to transform the Soviet economy was the main reason why the Soviet Communist Party chose Mr Mikhail Gorbachev as its leader last Monday, only seven years after he came to Moscow as the central committee's agricultural specialist. He has already confirmed
      FT  -  950 words
    • 537 7 UP TO 90 dealers are being sought in the UK to sell the first range of cars to be produced in Malaysia. Mainland Investments, a Warrington-based group, has spent 11 months negotiating the import concession for the UK and Ireland with the Malaysian
      537 words
    • 714 7 AP IN A SOCIETY where men are the traditional leaders but women often wield more power, there is increasing talk of a battle between the country's two best known women for the Philippine presidency. Both First Lady Imelda Marcos, 55, and the widow of
      AP  -  714 words
  • Page 7 Advertisements
    • 89 7 TV? The Premier Card from Bank of America, more than defines authority and prestige. Because it immediately individual of high financial credentials. With a minim $10,000, you can travel, shop, dine and wine in style confidence. Cash your personal cheque of up to US provide the Visa Reservations Service. And
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  • FEATURES
    • 489 8 QUARRELS sometimes improve the relationship between husbands and wives. The same can be true of landlords and tenants. There is a chance that tenants and their landlord at Parkway Parade will live happily together once their present dispute is over. Some good may result if,
      489 words
    • 1034 8  -  From the theory of gravity to test-tube babies, Britain has been in the forefront of scientific discovery. But with thle pound hitting new lows and the cost of equipment soaring, times are becoming increasingly difficult for scientists. ROBERT GLASS reports. ROBERT GLASS AP BRITAIN'S scientific
      AP  -  1,034 words
    • 603 8  -  By KENNETH WHITING AP IF A COUNTRY can boast a unique national odour, Indonesia's must be the aromatic smell of burning cloves. The fragrance is accompanied by a soft snap and crackle as smokers puff on kreteks cigarettes laced with cloves. Sweet and
      AP  -  603 words
    • 545 8 letter to the Editor Dear Sir, I have read in your newspaper of Nov 8, 1984, an article by Hock Lock Siew concerning the floatation of British Telecom shares. One paragraph of that article reads as follows: "Dividends are paid with the standard rate of
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  • Page 8 Advertisements
    • 767 8 Let your children explore the fascinating world of scie The encyclopedia designed to cope with today's i THE RAINTREE ILLUSTRATED SCIENCE rice, nature and technology! information explosion! ENCYCLOPEDIA sWffl a at Nothing could be more exciting, more full of wonder to a child than the world around him: the world
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  • Page 8 Miscellaneous
    • 690 8 mmwm mmmm CRYPTIC PUZZLE ACROSS 3 Hold two numbers equotty softly (5) 8 What to moke mme, notedly (5) 10 Prepared the way for dod to get a bit aggrieved (5) 11 A garment Beth may be after (3) 12 A ruddy popular bird' (5) 13 Seafood for a bird-mon
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  • SPORTS
    • 552 9  -  By JEFFREY TSANG THIS YEAR'S Shell Economy Rally on May 12 could not have come at a more opportune moment. After all, the recently announced petrol price increases had been very bad news for motorists. Except, that is, for two consoling thoughts: new technologies
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    • 322 9 Reuter MARTINA Navratilova used her serve-and-volley game to full advantage on Sunday in Dallas to beat Chris Evert Lloyd 6-4, 6-4 in one of the finest matches the two have played against each other in recent years. Navratilova broke Evert Lloyd's serve four times to win the
      Reuter  -  322 words
    • 281 9 Bernama MALAYSIANS, who have been known to be frequent buyers of thoroughbred racehorses from New Zealand all these years, are being encouraged to invest in horse-breeding programmes in that country. Mr David Bradford, chief executive of the New Zealand Thoroughbred Breeders' Association (NZTBA),
      Bernama  -  281 words
    • 770 9 NYT ONE MINUTE Larry Holmes talks about not boxing anymore, the next minute he says, "If I fight, I'll fight the guys who pay me money." But if he were to fight again, he could only tarnish his
      NYT  -  770 words
    • 268 9  -  By WALTON MORAIS WITH DEFENDING champion and Thai Open winner Bill Israelson competing, the Rolex Masters, which tees off today at the Bukit course with the traditional pro-am curtain raiser, has restored some of its glamour. The Masters, which threatened to be overshadowed by
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    • 348 9 AP SEVERIANO Ballesteros fired three birdies on the back nine and survived a bogey on his final hole to come from two strokes off the pace to win the US$4OO,OOO USF-G Golf Classic in New Orleans on Sunday when John Mahaffey double-bogeyed the 18th. The victory won
      AP  -  348 words
  • Page 9 Miscellaneous
    • 1193 9 w god mm HIGHLIGHTS Honore Doumier 8.00 pm, Channel 12 This is a film portrait of Honore Daumier (1808-1879), a French caricaturist and lithographer who is best known for his cartoons and drawings satirising 19th century French politics and society. For 40 years, Daumier worked in Paris as a cartoonist,
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    • 62 9 Play golf the Sevvy way TOO fAUCH RIGHT HANp PRESSURE WILL CAUSE TUE WRISTS TO UNCOCK TOO SOON ON THEPOWNSW1NG... KEEP NOUR RtGHT HPsNP AMP ARJA PASSIVE AsT TUB STfVRT OF TUB POWNSWING.... \',T IP .-m s §i§§i^ m ..THIS WILL WILL V-AELP NOU TO RE.TJMN "THE. POWER PSNGLE WHICH
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  • INTERNATIONAL COMPANY NEWS
    • 476 10 AFP STOCKBROKERS Merrill Lynch and E F Hutton have "laundered" about US$2O million netted by the Sicilian Mafia from heroin sales in the US over the past few years, the ABC television network alleged. Officials of E F Hutton had warned Mafia associates in
      AFP  -  476 words
    • 725 10 NYT AFTER a tough year, America's retailers have finally got a break. The government's recently released Lifo department-store price index, on which retailers base their year's inventory evaluation, has come in at the lowest level in at least six years. This means that, since companies
      NYT  -  725 words
    • 255 10 Reuter AMERICAN Federal Trade Commission chairman James Miller said he favours a fine-tun-ing of federal takeover statutes to make hostile takeovers easier to accomplish. He said the government's goal in reviewing the takeover laws should be "to make them (mergers) easier and thus sometimes
      Reuter  -  255 words
    • 560 10 UPI UNITED PRESS International has formed a committee of key creditors in its effort to restructure the company and wipe out most of its reported US$l7 million debt. The committee was formed during a meeting last Thursday of several dozen creditors. The
      UPI  -  560 words
  • Page 10 Advertisements
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      397 words
    • 191 10 f Fhig Cheng L6u Teochew V Restaurant for the best 10 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
      191 words

  • ASIAN STOCKS
    • 353 11 HONGKONG: Stocks closed weak yesterday but were off their day's lows thanks to small investors bargain hunting in the afternoon. Sentiment remained bearish as investors expected a major correction in share prices to come after the Hang Seng index rose almost non-stop from about 700 in late last year
      353 words
    • 202 11 MA* It Al Snctre Mm MT 4 44 2560 021 0 2 Nan Ya Plos Pacific Cons Pacific Elect Wire 28 60 2270 1830 1 49 0 2 -0 1 +03 unch 26 00 -06 1700 06 5200 unch 47 50 Chan Loong Om Hvn Cement 19 30 22
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    • 451 11 TOKYO: Late afternoon profittaking checked an early rapid rise which had driven the market average to a record high 12,533.21 at midday, but the market maintained part of the gain in the afternoon. The market average ended 19.26 higher at 12,506.64 after continuing the rising trend on Saturday when
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    • 133 11 MANILA: Shares prices closed generally low er in continued quiet trading yestorday. The commercial and industrial index was down 0.57 at 126.9 Pl the mining marker eased 2.36 to 696.99. Oils were up 0.009 at 0.602 MAR It '«o« Ononu PMaa Acofc Mawg 0 0014 unch P P Anglo
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    • 453 11 SYDNEY: Sharemarkets closed mixed yesterday with an easier bias across the boards in fairly active trading, following further Wall Street losses on Friday. At the close, the all ordinaries index was down 4.3 points to 790.2 points. National turnover was 35.19 million shares with losses outnumbering rises 190 to
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    • 136 11 BANGKOK: Stock prices closed mixed in moderate trading yesterday. The Book Club index fell 0.04 point to 127.83. MA* It A ok ham Thai tebts Sum Citiien Som City Cement South Asia Ftore 9950 +35 570 -19 Ayuthaya Inv And Trust 123 1 Thai Commercial 554 Bangkok Aground Bongkok
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    • 80 11 MAR 18 Won 595 -3 Hyundai Com! Hyundai Motor KAL 903 560 665 ivtch -14 46 Chotoung 6k 579 636 -15 •I Korao Rnt 618 1810 +3 81 Comnrwciol Bk 455 Kor«o Sh*> 351 -7 Dotwoo Corp 440 539 -5 -21 Lucky Ltd. Samsung Co 638 722 -10 +2
      80 words
    • 58 11 Reuter THE South Korean Finance Ministry has ordered Korean investment and trust companies to buy 20 billion won worth of stocks listed on the Korea Stock Exchange. The 20 billion won was originally for use in buying monetary stabilisation bonds. The move is aimed at
      Reuter  -  58 words
    • 606 11 AFP WHILE HONGKONG'S commercial and residential property markets make hesitant advances, a definite boom is in store for the hotel sector in the next three years. Analysts say Hongkong's hotel trade has flourished on the territory's reputation as a shopper's paradise as well as a
      AFP  -  606 words
    • 88 11 HONGKONG LAND is moving its head office to the group's flagship, Exchange Square, by June. The managing director, Mr David Da vies, declined to comment on commitments from other parties, and said no leases had yet been signed because the Government
      88 words
    • 135 11 AFP A CHINESE investment corporation and the British company John Swire and Son have signed an agreement creating a Joint development company. The New China News Agency reported that China-Swire Development Co Ltd is to make profitable investments in the Chinese mainland and Hongkong
      AFP  -  135 words
  • Page 11 Advertisements
    • 404 11 SR*wrs H t m wi jr,>■> .> i ,j!j' i_ jji'LPUl' H pi ILmk F Y tP SH "VC V The au Japan. AJaj Japanese Chefs four feppanyaki griddk carte restaurant and sev€ Open for lunch and from $17 subject to 10% st 3% CESS Ample free oarkmg Sheraton ingapore
      404 words
    • 76 11 Savoury Delights Await You At r il Hong Kong Dion Xih available during hutch! a For reservations call. m m ORCHARD ROAD Outside CBD restaurant u Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridian 3rd Storey (near hotel lobby) 100
      76 words

  • RAW MATERIALS
    • 632 12 Looking to mines to restore country's ba ance of trade UPI WHEN President Belisario Betancur launched Colombia into the world coal market from the newly bulldozed, unfinished port of Puerto Bolivar, US coal producers took note. They had good reason to, since Colombia's
      UPI  -  632 words
    • 88 12 Reuter MAURITIUS' parliament passed a bill reducing taxes on sugar exports by US$6 million to encourage plant modernisation and raise output. 1 The bill abolishes tax on the first 1,000 tonnes exported, up from 75 tonnes previously. Taxes then rise progressively to 13.5 per cent
      Reuter  -  88 words
    • 163 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,550 Blue Phoenix 20's 2,750 Blue Phoenix 32's 3,300 Blue Phoenix 4Cs 3,650 Carded yarn, Blue Phoenix 21's tank 3,000 Combed yarn, Blue Phoenix 32's Blue Phoenix 40's cones 4,350 4,500 Open-end yari Blue
      163 words
    • 111 12 MALAYSIAN crude palm oil prices closed slightly lower in thin trading yesterday. March deliveries in the central region fell Mslo to 1,32 per tonne but south rose 2.50 to 1,332.50 and north was unchanged at 1,391 April in the central eased $20 to 1,315 and south was down
      111 words
    • 70 12 FOB NSW 477 50 Nutmeg 110 FOB NSW 396 00 E&W FOB NSW 248 00 Gambier j FOB NSW 330 00 London Commodity Exchange 1 Sellers' dosing prices a n Mar 15. (USS/long tonne CIF European parti, unlet otherwise stated) Pepper (Sarawak) Foq, spot 3,375 White foq, afloat
      70 words
    • 281 12 Singapore (SS/kilo, •i-^odown) Fragrant new crop 1st 086 2nd 065 3rd 060 New Crop 25% no stock 10% no stock Thai Broken A-super 058 Special 0.55 Thai Rice 55% no stock China Rice 10% 087 15% no stock 25% no stock 35% no stock Thai Boiled Rice 5% 0
      281 words
    • 149 12 AFP PHILIPPINE coconut czar Eduardo Cojuangco has disavowed any plans to run (or the chairmanship of the government sugar agency. Mr Cojuangco, who also heads the vast beer-based San Miguel Corporation, was quoted by the Daily Express newspaper as saying a "moral dilemma" barred
      AFP  -  149 words
    • 100 12 AMERICAN tobacco leaf exports fell 18 per cent in January compared with a year earlier while imports of foreign tobacco rose by 5 per cent, the Agriculture Department said in a recent report. Cigarette exports rose 44 per cent between the first month
      100 words
    • 197 12 SINGAPORE The market closed steady yesterday with April One RSS buyers quoted at 163.00 cents per kilo, unchanged from last Friday. The morning session lost 0.50 on lack of buying interest and fresh factors. Prices hovered narrowly in early afternoon dealings but picked up slightly towards the close on
      197 words
    • 91 12 THE Kula Lumpur Tin Market held at the ITA fleer level ef Ms2f.ls per kilo yesterday ea continued lack ef demand. lie buffer stock manager again took most ef the disposals, which Increased to 211 tonnes from 11S on Friday and Included SS per cent foreign concentrates. Ike
      91 words
    • 1098 12 COFFEE Robusta coffee futures traded quietly yesterday morning and posted losses from Friday's close of up to £16 a tonne. Dealers said currency fluctuations were the main cause of price movements with total volume restricted to 429 lots including 113 cross trades. May was last traded at £2,418
      1,098 words
    • 98 12 (cents/kg, 1-ton pollen) APRIL 85 MAY 85 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 169 00 171 00N 170 00 172.00N SSR 50 166 00 168 00N 168 00 170.00N MRELB Buyers Sttllcn Buy^s S|H|ri SMR CV ***** ***** ***** 215
      98 words
    • 326 12 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Selleri Buyers Sellers Int 1 RSS Prompt ***** 163 00N 162 00 163 00N tot 1 RSS Apr 85 163 00 163 50 163 00 163 50 Int 1 RSS May 85 167 00 167 50
      326 words
  • Page 12 Advertisements
    • 260 12 r THE WORLD'S GREATEST... CELEBRATED COURTESAHS BE6UHJNG BEAUTIES BLOODTHIRSTY TYRAHTS NOTORIOUS OVTUHV EXTRAORDINARY WTfCHB SCAfcDALOUS VOTES OUTRAGEOUS MISTRESSES AM) OTHER ■UWIgyEABiE LAOIESB SPIES SPYMASTtRS THE PORTLAND SPY RING THE CAMBRIDGE TRAITORS SECRETS Of THE KGB SEX SPIES THE SPY WHO NEVER WAS THE ZIMMERMAN LETTER BISMARK S MASTER SPY 2GE
      260 words

  • SHARE INFORMATION
    • 4189 13 MONDAY BLUES afflicted the Singapore stock market which fell in very quiet trading yesterday. The BT Composite Index dropped 5.76 points to 744.35 while the Straits Times Industrial Index went down by 8.71 points to 831.46. Volume was very light at 8.54 million
      4,189 words
    • 239 13 SINGAPORE Rises Indices Sea»a4e HUes 273 Gre«4 Central 290 Laaaf Haet 140 tmSmi 50t 160 Gaerpa Keet SO< 203 Tatek Ceawat 440 SPH 630 Meiekett 332 Keeb Sid— 218 MMC lOl 146 Falls lw|a>D Corp* 340 Keetacky Spora 470 Aateae4er 630 OUi 346 T Hart oar 628
      239 words
    • 2956 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      2,956 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 1127 14 INSIDE MBf's spanking new building, there are high-speed lifts that "talk" in a booming voice, reminding visitors the floor they are on and the direction they are heading. Indeed, the whole 23-storey Plaza MBf from its plush interiors to the imposing structure literally "speaks" of the
      1,127 words
    • 358 14 BATA (MALAYSIA) Bhd, the footwear manufacturer, increased its 1964 pre-tax profits by nearly 5.8 per cent to M 38.02 million. But all of the increase occurred in the first half. At the pre- tax level, there was an 8.2 per cent downturn to $3.35 million in
      358 words
    • 229 14 Monogcrs' prices for March 19 MARA-Bumiputra First B'putro Second B'putro Thrd B'putro 5 76 5 81 4 95 *5 00 4 24 4 29 Singapore Unit Trust Fourth B'putro 4 66 4 71 TH# Comm«rc« The Savings Fund S'pore Prog Fund S'pore Sec Fund S'pore Invest Fund S'por*
      229 words
    • 97 14 HONGKONG Australian Industrials Hang Seng Index Frid£j° V 117?'o M »nday 310.47 Week 090 1159 4 Friiay ijoo./g Wsekago 1380 11 NEW YORK Dow Jones T0KV0 ISS Tokyo Dow Jones Week ago 1269.66 Mmday *****.64 c 1 j Friiay *****.03 c Standard roon Wsekago *****.85 Fnday 76 53
      97 words
    • 873 14 Currant i m looks Date Totol for Totol for payment ota dose payoble tha yeor pre*tous year AISB 15%(b) t IYA NYA NYA 15% 15% Ambassador 7W%(b) 1 IYA NYA NYA 7V4% 7W% Amal Steel 8%TE(b) 1 )ec 4 Dec 14 NYA 8%TE 4.1 %TE Amcol 10% 1
      873 words
    • 495 14 Phicom's group pre-tax profits rise by 1.26 m MAGNUM CORP Bhd's UK subsidiary, Phicom PLC is enjoying the benefits of a restructuring exercise carried out in 1961-1962. This is reflected in the group's results for 1964 which show pre-tax profits at £3.62 million, a rise of £1.26 million over the
      495 words
    • 495 14 SHARE PRICES fell across the board on the Kuala Lumpur stock market yesterday due to lack of buying support. Trading was relatively quiet with interest seen only in a few situational issues which recorded moderate gains. The market opened on a steady note
      495 words
    • 2391 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. MDUSTRIALS AcmoO 838) A Choc (2 70S) AMD (3 368
      2,391 words
    • 706 15 HOCK LOCK SIEW PUNTERS have taken a long position in the shares of engi-neering-based George Kent (Malaysia) in the past few days as they are convinced that a bullish development is to be unveiled soon. Last Friday, the counter rose 15
      HOCK LOCK SIEW  -  706 words
    • 380 15  -  By AMY CHEOK UNITED Industrial Corporation Ltd has made further inroads into the hotel industry overseas by embarking on two hotel projects at a cost of $36 million in Phuket Island, Thailand. To undertake these projects, a joint-venture company, Mob-lex-UIC Ltd with
      380 words
    • 219 15 TRADING in the shares of SPP Ltd has been suspended, pending an "import; int" announcement by the company. Directors of SPP asked foi the suspension after trading cloied yesterday. While no indication was given as to the ncture of its announcement, it is likely that
      219 words
    • 1116 15 STOCK PRICES yesterday opened mixed with an easier Mas in quiet trading ahead of today's UK Budget, dealers said. At noon, the FT-30 share index was down 6.6 points at 996.9 while the FTSE 100 index fell 5.9 points to 1304.0. ICI was marked 3p lower at 809
      1,116 words
    • 649 15  -  By RAMESH CHANDIRAMANI GENTING BHD, in spite of achieving yet another recordbreaking performance for the year ended Dec 31,1984, has disappointed shareholders somewhat by not declaring a much expected bonus issue. The rapidly expanding and well diversified casino-cum-re-sort operator chalked up an
      649 words
    • 342 15 SUSTAINED efforts to rationalise and consolidate its activities have apparently paid off for fast-moving General Corp Bhd. Full-year earnings have lived up to expectations with the group making consolidated profits before tax of M 524.16 million for the year to end-December, 1984. GCB has therefore
      342 words
    • 313 15 BTR PLC's offer to Dunlop Holdings shareholders, including Pegi Malaysia Bhd, is expected to receive good response because of its proposed one-for-one bonus and the generous final dividend of 7.25 pence. BTR, whose shares have a par value of 25 pence each, is
      313 words
    • 668 15 LAST FULL YEAR Compony Period Dote Yeor Net EPS Gross Net profit ($*000) announced last yeor ending (cents) drv K G Hldgs Interim Sep 12 Dec 84 83 10.0 1,964 Leong Huot Interim Oct 26 Dec 84 1.972L Spore Gloss Interim Nov 17 Mor 85 11,299L M Resources
      668 words
  • Page 14 Advertisements
    • 91 14 ®aWP (Very interesting Penguin) THE BREAKING CODES ENIGMA tl r GORDON WIXCHMAM The bracking of the Enigma codes at Bletchlay Park is one of the most remarkable episodes of the Second World Wer. Gordon Welchman was instrumental in setting up Hut Six, where the mathematical miracles performed by the men
      91 words
    • 3 14 FOR STIMULATING ARTICLES
      3 words

  • Page 15 Advertisements
    • 11 15 HAVE YOU READ THE LATEST GO AAAGAZINE? It's fresh! It's revitalized!
      11 words
    • 412 15 NOTICES TIAN HO AGRICULTURE (PTE) LTD. (incorporated in the Republic of Singapore) On Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap 185 the Fin* Meeting of members of the Company will be held oft Monday 22nd April. 1985
      412 words

  • YESTERDAY IN PARLIAMENT
    • 1083 16 THE GOVERNMENT'S intention to allow the private sector to set the pace for economic development as spelt out in the 1985 Budget won bouquets from Members of Parliament when the financial statement was debated in principle yesterday. Brickbats, however, were reserved for the most controversial
      1,083 words
    • 444 16 MR JB JEYARETNAM'S suggestion that Mr Ong Teng Cheong should resign his Cabinet position for disagreeing with his party on taxi fare increases was dismissed by the latter as "a simplistic view of what democracy is". Mr Jeyaretnam, Opposition MP for Anson, referred to
      444 words
    • 145 16 THE HDB will not lower the age requirement for unmarried men and women wishing to rent flats. This is because it does not want to deprive younger men and women of their chances of marriage, said National Development Minister Teh Cheang Wan. Currently,
      145 words
    • 84 16 THE HOUSE will devote Friday afternoon to a debate on the salaries of ministers, political ap- pointees and MPs. Minister for Foreign Affairs and Community Development, Mr S Dhanabalan, said the Prime Minister had asked for that because he felt that it was only "right and
      84 words
    • 92 16 CONTRIBUTIONS to the Skills Development Fund amounted to $93.1 million for the period April 1, 1984, to Jan 31 this year. Figures released by Finance Minister Tony Tan show that contributions have been on the decline since FYBI from $112.6 million to $112.4 million in FYB2
      92 words
    • 166 16 THERE IS no proof that issuing employment passes endangers the career prospects of local professionals. Professor S Jayakumar, Minister for Home Affairs and Second Minister for Law, said that Singapore must continue to welcome expatriates who were skilled and qualified. He was replying to questions
      166 words
    • 229 16 IT-Ie RATIO of land price to tatal investment for each of the Urban Redevelopment Authority's land sales between 1976 and 1982 rose from 30 per cent to a high of BO per cent, disclosed the Mi blister for National Development, Mr Teh Cheang Win. In
      229 words
    • 171 16 MORE THAN 40 per cent of tie offices and housing uuits completed between October 1963 und October 1184 were still unoccupied si i months ago. Of the 235,599 sq metres ol offices completed during ti is period, 96,972 sq met; ps or 41.2 per cent were
      171 words
  • 348 16 UPI THAILAND and the Soviet Union clashed yesterday over Russian military aid to Vietnam which the Thai government said threatened its national security. Soviet Deputy Foreign Minister Mikhail Kapitsa rejected the Thai demand to halt the aid but agreed to further meetings
    UPI  -  348 words
  • 85 16 POLICE ARE investigating the Faber House bomb blast which occurred on Sunday night. A statement yesterday from Faber House (Pte) Ltd, co-own-ers of the Orchard Road building, said that the damage from the blast "is not as extensive as had been earlier thought". Building experts who
    85 words
  • 62 16 AP BLUE-CHIP issues rallied in an otherwise mixed session in the stock market yesterday morning. The Dow Jones Average of 30 Industrials climbed 6.85 points to 1,254.20 in the first half-hour of trading. Losers held a slight lead over gainers in the early rally of the New
    AP  -  62 words
  • LATE FILE
    • 39 16 Reuter MORE THAN 3,100 workers employed by eight of Taiwan's 12 state enterprises will be laid off in a government effort to streamline management and reduce operating costs, said a ministry spokesman yesterday.
      Reuter  -  39 words
    • 40 16 Reuter A BIG EXPLOSION rocked central Baghdad yesterday as Iraq said its troops had defeat»] an Iranian offensive in the marshlands of southeast Iraq. The blast was the third in the Iraqi capital in five days. Reuter
      Reuter  -  40 words
    • 44 16 Bernama A TOUCH OF Switzerland cut out of the Malaysian jungle that is the selling point of the MJ4O million Strawberry Park holiday resort to be opened in Cameron Highlands today by Pahang Mentri Besar Datuk Mohamed Najib Tun Razak.
      Bernama  -  44 words
    • 28 16 Reuter JAPAN has notified the US that it plans to protect computer software under its copyright protection law, said Japanese officials yesterday. Reuter
      Reuter  -  28 words
    • 48 16 Reuter A MANAGER of an Indian bank in London has been charged in New Delhi with defrauding his bank of US$l25 million in conspiracy with Rajendra Sethia, an Indian businessman involved in Britain's biggest bankruptcy case, said the Press Trust of India. Reuter
      Reuter  -  48 words
    • 59 16 Reuter A PAKISTANI court yesterday banned free press reporting of its trial of five Indian Sikh separatists charged with the hijacking an aircraft in 1981. No reason was given for the order, but legal sources said it could be an attempt to avoid any tension
      Reuter  -  59 words
  • Page 16 Advertisements
    • 221 16 First Asia Pacific Symposium on EOS/ESD 26-27 March 1985 Hyatt Hotel, Singapore The phenomena of electrical overstress (EOS) and electro static discharge (ESD) damage to microelectronic device is well publicised as a major cause of failure of electronic equipment. However, published works in this area are limited. No general agreement
      221 words
    • 183 16 EXPORTS. WHY TAKE A CHANCE? I t now i 5 2nd ROW <3 R« >W 1V S* When you can be so much more competitive with Export Credit Insurance. You've got a good product. A good service. So why take a chance when you can be sure of winning more
      183 words
  • Page 16 Miscellaneous
    • 57 16 Outlook for todoy: Showers in a few areas in the late morning and afternoon. Report for 24 hours prior to 7 30pm on Morch 18 at th« orport: Maximum temperature 31.7 Associated humidity 65 Minimum temperature 23.2 Associated humidity 98 Hours of sunshine 8.50 Rainfall in millimetres 5.9 Rainfall this
      57 words

  • SHIPPING TIMES
    • 284 17 FT OVERSEAS Containers Ltd boosted pre-tax profits in the year to end-November 1984, to a record £55.6 million from £14.2 million, but showed a loss after sharply increased tax and special charges. Mr Kerry St Johnston, chairman of OCL, repeated warnings expressed in
      FT  -  284 words
    • 421 17  -  By G DURAIRAJ IMPROVED incentives offered to the shipping industry in Malaysia continue to attract the interest of many shipowners with vessels registered abroad. It is understood that about 190 enquiries and applications for registration of vessels in Malaysia had been received
      421 words
    • 694 17 Shipping Line Pi Cot Afea VI 3 Ahrenkiel Liner V 4 Alphatrans VI 4 Andeka Shpg VII 1 ANL 1 1 APC Line V 4 APL III 4 ASCL m 1 Asiabroker V 5 Austasia Line V 1 Bait-Orient VII 4/5 Bangkok Cont VI 2 Bank Line
      694 words
    • PORT SIDES
      • 111 17 TAIWAN has rejected a plan by the Transpacific Westbound Rate Agreement (TWRA) to increase containerised cargo rates of US products, including waste paper, metal scraps and cotton, for delivery to the island, the National Shippers' Council said. A council spokesman told reporters the rejection has temporarily
        111 words
      • 125 17 A TRADER at a Japanese trading house said Iranian attacks on tankers in the Gulf have triggered renewed concern about the safety of crude lifting in the Gulf. There is concern now about whether lifting at any of the Gulf ports, even Saudi Arabia's Ras Tanura, is safe,
        125 words
    • 1267 18 Lloyd's List THIS year looks set to be one of the most encouraging periods for the specialist car carrier sector, with an upsurge in carryings from Japan to the US on the cards and an explosion of growth to China being predicted.
      Lloyd's List  -  1,267 words
    • 464 18 March 18-22 Expoship London 85, international maritime exhibition. Barbican Centre, London. March IS Dynamic positioning, Tayside Branch Nautical Institute, 19.30 hours, on board HMS Camperdown, Dundee. March 19-21 Dredging for civil engineers, University of Strathclyde and Institution of Civil Engineers course, University of Strathclyde, Glasgow. March 2s-22 Money
      464 words
    • 1902 18 CHARTERING was mainly confined to the grain and time-charter sectors of the freight market on Friday with the recent coal and iron ore activity appearing to have slowed down, shipbrokers said. Grain from the US Gulf to Japan received U5515.75 against $15.25 previously while two vessels were arranged
      1,902 words
    • 158 19 Reuter WORLD laid-up tonnage rose to 31.50 million gross registered tonnes (grt) in mid-February from 31.05 million in mid-January but fell from 40.84 million grt in mid-February 1984, the Institute of Shipping Economics said. Liberia accounted for 8.311 million grt laid-up tonnage in February 1985, Greece
      Reuter  -  158 words
    • 54 19 Sea trade Week HYUNDAI Heavy Industries has managed to find a buyer foi the new refrigerated vessel ordered by the now defunct Saleninvest Group. The Hank of America which tad provided guarantees on the newbuilding, has stepj ed in and had the 430,000 cti ft Spring
      Sea trade Week  -  54 words
    • 476 19 Lloyd's List PLANS to set up an African joint venture shipping line have been revealed by a group of 14 countries. Members of the so-called Preferential Trade Area in central and southern Africa intend to launch a co-operative shipping venture, possibly within the next
      Lloyd's List  -  476 words
    • 270 19 VIDEOTEL Marine International has released a new film on safety in the cargo operations of roll-on/roll-off vessels. It is the first screen production to deal with this mode of shipping, and was launched last month in London. According to the producers, the film
      270 words
    • 46 19 IT WAS reported in Monday's Shipping Times that Mr Eric Khoo, the newly elected vice-president of Singapore National Shipping Association, is the project and planning manager of Pacific International Lines. Mr Eric Khoo is in fact the general manager of Pacific International Lines.
      46 words
    • 191 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
    • 5573 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
      5,573 words
    • 722 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAIN ERS AND LCL CARGO God «s FCL Arrival for .CL movement Ship Voy date/time Operator car$ o schedule Location Pegasus P 369N Siri Bhum 211N Cecilia 8501WB Jenlink 11 /85 L Athula 9W As Progress 110 Ibn Younus L2W Z Melbourne
      722 words
    • 1836 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies <Si Afro-Kurasla Une Transgroup 'Si Ahrenkiel liner Service Kim Shpg < Si Alfred C Toepfer txeanus Shipping Agen cies (S i Marintex Enterprise i PK i Alpac Inirasea (Si Bintang
      1,836 words
    • 511 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 19.3.85/1500 Canopus K15 Borneo alongside Iran Meelad K18 Slnose alongside 193.85/1500 Kannlkar K35 Leo Shpg alongside 19.3.85/0600 Kota Pelangl K31 PIL alongside 193.85/0600 Nep Cyprlne K32 NAPL alongside 193.85/1500 Rajah Brooke K25W SSPL alongside 19.3.85/0600 Sea Princess
      511 words
    • 291 26 AFP NEWS of further attacks on neutral shipping in the Gull states area and of the forthcoming abolition of the British National Oil Corporation (BNOC) failed to lift the tanker market out of its depressed and overtonnaged state last week. Although few vessels obtained employment from the Gulf
      AFP  -  291 words
  • Page 17 Advertisements
    • 530 17 Foreign Exchange Dealing s tywio B 1 Published by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A memos' Ot the times organisation 556.50 JGMDS THIS year looks »«t to be an encouraging period for car carriers II PLANS to set up an African joint
      530 words
    • 374 17 xUASC NATIONAL LINE Of BAHRAIN, IRAQ, K EXPRESS FULL CONTAINER SERVICE UNITED ARAB SHIPPING CO (SAG) SEALORO shipping agencies 70 Shanton Way 04-02 C Marina Houca Singapore 0207 Tal *****94 Tal*, No RS?S4i9| CPS oftica TPC 03-30 Tal *****31 and *****32 Terrmnal oMica TPC Tal No 2222«90/*****93 A AND UNITED
      374 words
    • 1103 17 ,4, BALT-ORIENT LINE Baltic Shipping Co Refutor Sorvices from South East Asia to United Kingdom and North Continental Ports Agent: Singapore Soviet Shipping Co Re Ltd Tel: *****3 *r MAERSK LINE EXPORT TO USL EUROPE, MIDDLE EAST. WEST AFRICA ASIA T< > I •> I'ACIh K'.OUIJ- ATLANTIC. FAST «'ANADA. INI.AND
      1,103 words

  • Page 18 Advertisements
    • 372 18 W Y.S. LINE YAMASHITA-SHINNI HON LINE CONTAINER SERVICES USA/CANADA Pacific South West Pacific North Wast Faader at Tokyo Faadar at Koba Atlantic/Canada Faadar at Koba rnrnm v&, h ran Also accepting LCL Cargo for USA Ports only. H YOK SAV IJOH 17/5 15/5 15/5 17/5 15/5 15/5 27/5 25/5 25/5
      372 words
    • 232 18 T V\.*' II Supercarrier Service NEXT ARRIVALS BARBfR PERSEUS 27/3. BARKS PRIAM 7/4. BARKR HECTOR 17/4 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA IMS) TUUt BARKR reKEUSt TMm accaptng eartn ler tala (MLB). S hmtma. (MM Stactten and San tego na I Angeles TO: CARIBBEAN CENTRAL AMERICA CHILE
      232 words

  • Page 19 Advertisements
    • 614 19 Overseas Containers Limited PEGASUS fttt V369N «rmV* pegasus rm *370R a n Ma BANGKOK AGENTS: BORNEO AGENCIES LTD. TO SARAH SARAWAK AW) Wjgß KOK TEL: *****80 KLMT *02 KB*ait 18 20 Mar STRAITS VWTWE *07 Sibu. Kuch 1820 Mar STRAITS ST/MI VO6 lab W M*> STRAITS HOPE *04 Skan. Taw.
      614 words
    • 299 19 franco Belgian Services F+r lui. 4 V*r I »n*J SEE (MEMBER Of ACE CONSORTIUM! w CHARGEURS REUNIS Ml CONTAIN! HISED SERVICE TO (VEST A E RICA 4EL M A EMPRESA LINE AS MAR *1 FVPRESA LINE AS MAP 'IMAS ARGE NTINAS (ARGENTINE NATIONAL LINE) SD fSTTIO *sabj«ct to loading tor
      299 words

  • Page 20 Advertisements
    • 357 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carria(e to Scandinavia, Med, Carribean &S. America Inland haulage to inland destinations in Europe Sport P KelangPenangleiioes BAao Genoa Hburg Rdam Bhaven Antwerp Connecting in Robe Connecting in Kaoshiung "Also accepting cargo tor ATLANTIC GULF PORTS ■ia minilandbndge and US MIO WEST by microbridge IMPORTS
      357 words
    • 104 20 m FULLY CONTAINE PJ SED SERVICE TO EUR Oft Vl* SUEZ M»rOf> o' tl« Comocttf* •mi t**d« »«M( K. WONS m 4* 23 3 25/31 29 3 IS CONVENTIONALE CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF 15/20 Apr 15/20 May •HeavySft capacity up to 25T-35T ARABIAN CHERRY LANKA 25/30 Aprfl CHERRY CRYSTAL
      104 words
    • 597 20 THONG SOON > AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88 TELEX: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG KIM SOON LI DESTRUTION Penang Penang SINGAPORE TO KUCHING •EQUATOR •EQUATOR IV.. SIN6APORE TO SABAH PORT •BULDER i 22 Mar 25 Mar I 1 Apr 3
      597 words
    • 515 20 O EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED./FE) ALSO ACCEPTMG CARGO TO: 1) PROWENCE NMARK. SAVAIMAH, BOSTON PMLADELPNA. NORFOLK JACKSONWLLE MURNGTON ETC 3) CRISTOBAL BALBOA. PANAMA OTT COLON SAN AJAN SANTO OOMNB 2) ATLANTA. CNCAGO DETROIT COLUMBUS I OTHER MAJOR MKROMNDGE OESTMATKMS NEW ORLEANS. HOUSTON MA KBKSTON 4)
      515 words
    • 312 20 TUSINOSE MARITIME PTE LTD VTffil ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES i Singapore Loadnf for 30 3 B. Ab6». B. Khomeini POST KELANG PENANG SINOSE MARITIME PTE LTD TEL *****44 7 A *****70 MALOSE MARITIME SON BHO Tel *****2/3 MALAYSIA TRADE A TRANSPORT LTD Tel: ***** t *****
      312 words

  • Page 21 Advertisements
    • 815 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 KOTA PUSAKA KOTA WANGSA KOTA WIJAYA KOTA SALAM KOTA JAVA KOTA MUTIARA VOYAGE HONGKONG SINGAPORE LOADING FOR: ADEN, HODEIOAH, JEOOAH. AO ABA. PT SUDAN. BERBERA. MOGADISCIO. TAMATAVE, MOMBASA, t> SALAAM ADEN. HODEIDAH, JEDOAH. AQABA DJIBOUTI. HODEIDAH. JEDOAH.
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    • 816 21 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE FROM EUROPE HAM I Liverpool Bay Sa4rt Fianktwt Eipress SaAed Tokyo Bay SMko Kitano Maru SJieo Kxnburj Eipress SiM Thames Mam 11/3 My ot Ednbw{h 27/3 Beiuvon 1/4 Tok» Eiprns 3/4 I DAM KAWf SaAed SaAed SaAed SaAed SaAed SaAed SaAed 19
      816 words
    • 763 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'Dore Service FuM Container Vessel. Busan Yokohama Kobe Kaofeant HK Spare TjPrmt <«) MAIAPAHU VII HB t/3 1/3 10/3 l(/3 17/3 22/3 24/3 WEST BOUND Sp»e »y Amsterdam H'bur| BAAB UUAM 16 3 («SC OUT) KB Spare Mbao L orator Bremen A dam
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    • 549 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR m (Burmese National Line) Loading for Rangoon P Kelang Penang 25/26 Mar 20/23 Mar 29/31 Mar BANK LINE EXPRESS SEMI-COWTAIHER SERVICE TO UK/COHT SPORE R'DAM HULL HMBG IVYBANK 12 Apr 8 Moy 11 May 14 May CLYDEBANK 5 May 31 May 4 Jun 7
      549 words

  • Page 22 Advertisements
    • 1085 22 K I E KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE feme* vsl nna vsl sw« wig rtc store kobe guayagur callao aihca kjuqi* tfAttsu 1 Mr( B ASM SIM *34 TON *SL 17 Mar II Mai 20 Mar 22 Ibr 6 Apr 25 May 2 ta> 7 tai I»■ U*■ 13 CENTRAL
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    • 505 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tor lOS MULES. SAN FRANCISCO SEAITIE TACOMA VANCOUVER BC Accepting fa/EC! Containers PKetang Singapore I Angetes IARATENMJ" 20/21 ftp. 17 lb* AUSTRALIA EXPRESS CONTAINER SERVICE Accepting fCI FCI Containers P Keiang S put Frtm Mdb Sjdn Aha Acceph VISHVA HAUMUOt 71/27 Mar
      505 words
    • 481 22 SANKD ASIA FROM JAPANESE PORTS ANO HONGKONG GOLDEN LINE GUAM GUAN SHPMN6 (PTE) LTD K«M( Tut* Promt* M H Cad Street SMUTCH 0104 TEI *****00 (II IKS) TH KuaU Lianpw ***** P Keianf J17%1 Ptn»»t XMII Paw Go<)*t OR€NT UOfD (M) SOU BW m M 370 m STRAITS/PERSIAN GULF SERVICE:
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    • 620 22 INTRASEA (PTE) LTD. 10 Anson Road «*27 16 Internationa' Plaza Singapore 0207 Tel *****1 1 11 0 Lines) mASIAUVt o BREAKBULK SERVICE TO EUROPE/UK OCEAN MND *****03 S pore P Keton(Loa4n( tor I Apr SETE/ANT/ROTT/U.K. (AVON) FJ SEA WOOD AND R.M.Z.tjk, S pore P Ketang Loadnt tor: AIFV 4/4 7/4
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  • Page 23 Advertisements
    • 737 23 TO EUROPE/UK (VIA SUEZ): K IACEJM 28* T* BRDGE 24* C CONTMO 2m... K CHANCE 21* hk com WO UN. 0 CHEF 43* F'stowe H*bur 11/4 13/4 FROM EUROPE (VIA SUEZ) HK CONTMNER 43E. Sailed CPWJL43E Sailed C ROZE 42E In Port N CRYSTAL 2K 27/3 MAETERLMCK 5L 3/4 SS
      737 words
    • 419 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON Utiid No t Owam M2ft Hi 7 Donaai M3N Mi Dm 507N No I Oonam 503N MCHON BUS AH IC/4 21/4 2/5 14/S Com* W»tt l« Nit Ovum Mn it Gdn 0900 hrs-1200 hrs. G*> n/X)
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    • 759 23 SMSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SJNSOV BUILDING 55. Market Street Siniapore 0104 Telephone Number? *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELANG PENANG M/S SHARK AT NAM SOON SON. BHD IST AND 2ND FLOOR. lESSRS MM THONG SMPMNC 23
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    • 42 23 SIM SWEE JOO SHIPPING SDN BHD i EXPRESS TO BINTULU P. Ketone Pemnf Loadnc tar SIKE LONG SATO ¥o» 72 19/3 RfiUAN JAY* Vty 45 21/3 Kudw*. Sixi Agents: JAMBA TAN MERAH SDN. BHD P. Kelang: *****6/7 K.L. *****7 *****1 Penary *****
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  • Page 24 Advertisements
    • 705 24 Kc<|i»iial Container Lines (Zmmmtm't] 3 Sailings Weekly liO II Reliable Regular Punctual Berthing P S.A Mon, Wed Sat VOY 14S/15N 210S/211M 161S/162M ISS/16M 21IS/212M 1625/163N 16S/17N 2125/213 M 1635/164N 17S/1W 2135/214N IMS/I(SM 18/19N 2145/215N spore tart/19 Mar h PI/20 Mir 23/24 Mar 25/26 Mat 26/27 Mar 30/31 Mar 1/2 Apr
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  • Page 24 Miscellaneous
    • 172 24 Regional Weather r 4 KS "A A •\> > £3 m n <*** y 51 fe 41+ IS IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c cT w Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c X\ Weather Wind direction with
      172 words

  • Page 25 Advertisements
    • 88 25 Wi HSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG j. BAHARU LEOSHP SPOKE *****8/*****6/*****4/*****3 *****1/4 TERMNAL 3SS3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE BHIEQIE2ZH EBB m777»tTf tTffTiiTTMmni iTTmiTU FTf mTT^^^Ttr—FrninT^T—HTTC—nr—tTT—HT—i■.< jtiiiEMi also accept* for: MTKV, L HMtVE. UK. NOO. COTOMAGEM, OSLO ALSO ACCETTPG FtOM EUWft: ATM. HAM.
      88 words
    • 192 25 M/V ANJOU V4ISS M/V ARMAGNAC VSLSS M/V CGM VELAY V6LSS hik Scan Dutch tf To Europe (Med/UK/NC/Scan) To Red Sea/Mediterranean BEIRUT I LIMASSOL PIRAEUS CASABLANCA LISBON From Europe MOTHER VESSEL N De)ima B Suria ScUndu N Houtman Toyama Also Accepting HONG KONG From Red Sea/Med. (I) Barcelona, Genoa, Bilbao, Leghorn
      192 words

  • Page 26 Advertisements
    • 297 26 o POMEX MAYA LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN Vhml Singapore P.Kelang PWMftg KEMPAS 1-S Apr 6/7 Apr 8/9 Apr 10/10 KEPONG 2-S Apr 17/18 Apr 19/20 Apr 21/22 For further particulars, please contact POMEX MAYA SON BHD 12th Floor, Bangunan Kuwoso Jalan Rata Loot, Kwala Lumpur T«l»: MA***** POMEXSHIP Tel.
      297 words
    • 327 26 r w Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER ALTAI MARU 22 Mar Mombasa, Daressalaam GLORIA PEAK 25 Mar Port Louis, Reunion M. GRACE 5 Apr Mombasa. Daressalaam, Tamatave EARNEST VENTURE 8 Apr Monrovia, Abidjan. Lome. AFRICA'S Apapa. Douaia. Tema Also Accepting Contrs to NOUAKCHOTT CAPE VERT, BANJUR N CONAKRY WITH
      327 words