The Business Times, 20 March 1985

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 99/1/851 WEDNESDAY, MARCH 1985 60 CENTS
    11 words
  • 494 1  -  Business leaders welcome move to ease the economic burden By BOEY KIT YIN ANOTHER helping hand was extended to businessmen in Singapore yesterday with the announcement by Finance Minister Dr Tony Tan that Jurong Town Corporation rents would be
    494 words
  • 450 1  -  By TERESA LIM Hongkong Correspondent SUN HUNG KAI and Company yesterday announced the sale of its subsidiary Sun Hung Kai Bank. The buyer is the Bahrainbased Arab Banking Corporation, which is paying HK$36O million for the opportunity to expand its banking
    450 words
  • 210 1 Reuter AP THE US dollar remained under pressure on foreign exchanges yesterday after its sharp downturn on Monday. Traders said market sentiment might at last be beginning to turn against the dollar. Concern over the US banking system, in view of the continued closure of
    Reuter; AP  -  210 words
  • 86 1 INCOME RECEIVED by the Singapore Labour Foundation for its financial year ended March 31 last year was $2.58 million, less than half of the $5.63 million it received a year before. The difference was mainly due to a $2.7 million donation given by the Pioneer Industries
    86 words
  • Article, Illustration
    83 1 STOCKS closed mixed again yesterday, after a day «I quiet, featureless trading on the Singapore stock market. However, the overbought position on the local bourse has largely been corrected and dealers expect more buying support soon from bargain hunters and short~coverers. The BT Composite Index fin- ished $.21
    83 words
  • 456 1  -  By RICHARD SEAH HIGHER TAX on petrol his increased the "price" of soap, tissue paper and other gifls from petrol stations. Motorists now have to bty between $5 and $10 more petrol to qualify for the same gifts. But while the price of petr>l
    456 words
  • 81 1 THE Consumer Price Index in February rose by 0.5 per cent over the previous month. This was due to the 1.1 per cent increase in food prices during the Lunar New Year, said the Department of Statistics. Cheaper rice, eggs and cooking oil were more
    81 words
  • 255 1 THE CONTINUING TREND of trade surplus with the US hit a record in January this year, with the Republic recording a surplus of more than $400 million double that for the same period in 1984. More than $1 billion worth of
    255 words
  • 378 1  -  By AMY BALAN SHIFT, the electronic clearing facility for banks to settle accounts among themselves and scheduled to go "live" tomorrow, has been postponed. Banking Computer Services (BCS), the computer bureau responsible for implementing and running the facility, has issued a letter to all
    378 words
  • 35 1 PRESIDENT Nair's condition is improving. Though enlargement of the liver persists, a Ministry of Health statement says that the results of investigations so far do not support the initial diagnosis of liver failure.
    35 words
  • Page 1 Advertisements
    • 119 1 OABS THE ULTIMATE ACCOUNTING SOFTWARE FOR MICROCOMPUTERS S sf£ C«ANG«OUP OA Singapore t«i *****82 4 Kl t»' 03 *****0 P*n»ng t»i 04 *****9 Ipoh lei 05 *****8 I* f The Sanyo SFT 852E Copier makes sure of clearer copies and trouble-free operation because of these advanced features: Microcomputer self-diagnostic system
      119 words
    • 282 1 More Parliament reports, Back Page WB JURONG golf course will t built at less thon half tfje originally estimated cost. a result of keen competitic for the contract, the JTC wIII be spending $8.3 million, obout $12 million less than thought it would. Pagfi 2 A MEETING of key Op<tc
      282 words
    • 12 1 Full report, Pag* 13 Asian slocks, Paga 11 Intl stocks, Paga 10
      12 words
    • 186 1 Savings Accounts Current Accounts Term Deposits Personal Loans IMt FOUR SEAS COMMUNICATIONS S A ITO Me****" >' OCBC Gf< uC Head Otlice Ce it St'«»et Siogapo Picking a portfolio Hock Lock Siew examines another 10 of the 40 stocks that make up the BT Composite Index on Page 14 today.
      186 words

  • HOME NEWS
    • 489 2  -  Keen competition among 12 companies By LISA LEE JURONG GOLF course will be built at less than half the $20 million originally estimated. As a result of keen competition among bidders in the tender for the construction of the golf course
      489 words
    • 145 2 THE MINISTRY of Labour will streamline its data collection system. This will save the ministry about $200,000, and employers will save time filling in forms. Instead of the seven surveys conducted each year, employers need only respond to five. The questionnaires have also been
      145 words
    • 273 2  -  By GRACE YU A LOCAL LAUNDRY company, assisted by a grant of $58,000 from the Skills Development Fund, will automate its $1 million factory in two years' time. Professional Laundry hopes to increase its earnings by nearly 50 per cent to $1.46 million next year
      273 words
    • 106 2 THE BEST news photograph award for 1984 was given to Mr Clifton Aw of Singapore Monitor yesterday. Mr Aw's photograph, showing a child being rescued by a fireman at the top of a ladder, won him the Hunt Chemical Asia/Pacific Newspaper Photographers Award for last year.
      106 words
    • 259 2 KNOWING how to use energy effectively has enabled mankind to better their lives. However, the same knowledge can also be used to wage war on a more efficient and grander scale. This self-destruction can be avoided if people understand themselves and their
      259 words
    • 107 2 THE $22.5 million contract to install 109 Mitsubishi lifts and escalators at the Marina Square is almost three-quarters complete. Ryoden (Singapore) Pte Ltd, which is handling the contract, is installing 54 lifts and 55 escalators in the shopping mall and the three hotels in Marina Square.
      107 words
    • 99 2 THE LIONS CLUBS of Singapore West and Singapore Orchard, together with the Singapore Association of Magicians, are organising two full evening Charity Magic Shows entitled "Hocus, Pocus It's Magic" on Friday and Saturday. Proceeds from the two shows will be given to the Singapore Anti-Narcotics Association (Sana)
      99 words
    • 81 2 THE Republic of Singapore Air Force (RSAF) will be conducting live firing exercises at the Southern Island Live Firing Range at Pulau Pawai and Pulau Sena ng today and tomorrow from 7.00 am to 11.00 pm. The exercises at Pulau Senang will continue from Friday, March
      81 words
    • 47 2 THE Harvard Club o( Singapore will invite local dignitaries and business executives to speak at luncheon meetings, said Mr Manfred Haeger, the clubs's activities chairman. Other activities being planned are social and sporting events which would "bring the club closer to the local community".
      47 words
    • 46 2 THE new Kaki Bukit Community Centre at 670, North Street 3, will be opened on April L The existing Kaki Bukit Community Centre will be closed from March 30. The Kampung Loyang and Pasir Ris Community Centres will be closed from March 25.
      46 words
  • Page 2 Advertisements
    • 169 2 CH MON TUE WED THU FRI SAT SUN a Only Thai flies to Bangkok 3 times a day, everyday of the week. Directly Whenever you're ready to leave for Bangkok, Bangkok vi Thai is ready to take you there. Directly. Aboard our A3oos. We leave for Bangkok three times a
      169 words
    • 54 2 FOR SALE THE ARCADE 11 COLLYER QUAY Floors: #09-00 to #15-00 Areas available: Single or multiple floors of 8030 sq ft each Price: $410 psf Knight Frank Cheong Hock Chye Baillleu (Property Consultants) Pte. Ltd. 101 Cecil Street #14-01 Tong Eng Building Singapore 0106 Tel: *****33 Telex: VALUER RS *****
      54 words

  • OVERSEAS
    • 477 3 AFP A MEETING of key opec ministers due in Geneva yesterday could turn into a general oil market strategy session in the wake of the latest market developments, the escalation of the Gulf war, and Britain's move to abolish its loss-making stateowned oil trading
      AFP  -  477 words
    • 753 3 ARRIVALS Operator Service Local From number time SIA SQII 0110 LAX/TYO PAA PA5 0155 JFK/SFO/HKG SIA SQ41 0605 MAA CAL CIOIO 0805 JED/DHA MAS MH681 0820 KUL KAL KE624 0850 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH81I 0940 PEN RBA BI42I 1000 BWN
      753 words
    • 267 3 FT SEVERE weather has had serious impact on the So- iet economy in the first two months of the year. Oil production dropped t> 96.3 million tonnes comI ared with 100 million tsnnes in the same period list year. Heavy
      FT  -  267 words
    • 282 3 FT STERLING ROSE to its highest level of the year on Monday as financial markets prepared themselves for a tough British Budget aimed at rebuilding confidence. Mr Nigel Lawson, Chancellor of the Exchequer, was to announce the Conservative government's budget in Parliament yesterday.
      FT  -  282 words
    • 378 3 UPI JUDGE yesterday ordered an intensified hunt for four witnesses whose estimony led a citizens' panel last Oe:ober to name armed forces chief Fabiin Ver and 25 others in the assassination of opposition leader Benigno \quino. Judge Manuel Pamaran expressed iismay at the inability
      UPI  -  378 words
    • 123 3 AFP THE INDIAN government has passed a Bill which gives it the sole right to sue US mUlti-national Union Carbide for damages inflicted in the Bhopal gas leak disaster. Presenting the Bill, Chemicals and Fertilisers Minister Verendra Patil said the Bill would enable the
      AFP  -  123 words
    • 211 3 UPI CHINESE Vice-Premier Yao Yilin has invited Australian publisher Rupert Murdoch to collaborate on radio and television projects with Chinese broadcasters, officials said yesterday. Mr Murdoch, on a 10day tour of China at the invitation of the Ministry of Radio and TV, met Mr
      UPI  -  211 words
    • 71 3 Japanese police in plain clothes yesterday showing residents at Neyagawa city a portrait of a bestacled man believed to be the leader of a gang which kidnapped the president of a confectionary company last March. The candy poisoners, who have baffled Japan's police,
      71 words
    • 398 3 FT PRESIDENT Ronald Reagan has unleashed one of his most bitter attacks on the Soviet Union, but at the same time held out an olive branch to Mr Mikhail Gorbachev, the new Soviet leader. "We all want to hope that the change of
      FT  -  398 words
    • 499 5 Reuter TAIWAN'S military intelligence chief has admitted using a reputed underworld boss as an agent but denied involvement in his alleged plot to kill a Chi-nese-American writer, the China Times said yesterday. It said two other intelligence officials had denied links to the slaying
      Reuter  -  499 words
    • ECO – NOTES
      • 100 5 SOUTH KOREA'S current account deficit showed a slight improvement in February to US$BB million, down $8 million from a year ago, the Bank of Korea reported yesterday. The central bank said, however, the current account deficit in the first two months of this year widened to $594 million,
        100 words
      • 84 5 BURMESE EXPORTS for thefinancial year which ends this month are expected to dipslightly because of depressed rice markets abroad, PrimeMinister Maung Maung Kha told Parliament yesterday. He said in spite of efforts to look for new markets and increase production and exports of rice as well as timber
        84 words
      • 104 5 POLAND'S economic prospects have taken a turn for the worse, with the authorities blaming the harsh winter for a fall in industrial production of 2.2 per cent over the first two months of the year. According to government figures, losses caused by subzero temperatures over many days in
        104 words
      • 66 5 KEY ASIAN and I 'acific countries have extend* d basic support to the proposed new round of Multila eral Trade Negotiations (MT1I) aimed at promoting free t ade, Japanese officials said yesterday. These countries included Singapore and South Korea, the officials said. The new round was propositi
        66 words
      • 66 5 ONE-THIRD of communist China's factories lost money before 1979, annually draining the economy of 4 Million yuan (US$l.4 billion), the govern- ment disclosed. Statistics disclosed by the official Xinhua News Agency said that because of economic reforms over the past years, the number of unprofitable factories has dropped
        66 words
      • 62 5 Agencies A TOP US trade official reported signs that Japan will move to open its telecommunications market to US companies. Lionel Olmer, Undersecre- tary of Commerce for International Trade, told a meeting of the Electronic Industries Association that Japanese officials have indicated they will reduce obstacles that US
        Agencies  -  62 words
    • 166 5 UPI POLICE raided the offices of Afghan, Palestinian and Iranian resistance groups in a search for a missing Soviet diplomat. Quoting "highly placed police sources", the Press Trust of India (PTI) said police on Monday searched the premises of the Islamic Movement for Afghan
      UPI  -  166 words
    • 515 5 Review notes favourable long-term prospects Bernama THE PROPERTY sector in Kuala Lumpur generally fared well last year, although the recent growth in Malaysia's gross national product from 1983 to late last year did not totally negate the residual effect of the recent recession. Jones Lang
      Bernama  -  515 words
    • 209 5 AFP THE US Supreme Court has ruled that in the name of freedom of expression, pressure groups can spend as much money as they want to push their favourite in a US presidential campaign. Writing for the court's sev-en-two majority, Justice William Rehnquist in
      AFP  -  209 words
  • Page 3 Advertisements
    • 172 3 I Pan Am Is I lying To San J rancisco, Honolulu And New York I torn I longkoni; and I okyo Pailv. For Updated Information Call *****11 Freehold Residential SHOWCASE No Restrictions On Foreigners Exclusive Down-town Living Within a Park! ilkM m t< it I tflfli Bootoap tifiufi 'CITY DEVELOPMENTS
      172 words
    • 297 3 SYSTEMS CONSULTANTS SOFTWAREHOUSES COMPUTER MANUFACTURERS/REPRESENTATIVES/ DISTRIBUTORS/DEALERS BANKS r 1 k 2 Commodities dt Stock Exchange Ad ministration Futures Options Corporate Securities SUPPORTING HIGH LEVEL CONFERENCES Two of the region's largest and most valuable business conferences on information technology and corporate finance will be running concurrently with the show. The Computers
      297 words


  • Page 5 Advertisements
    • 139 5 j A' •>ss 4 plgijarg v*"; >• s- > h i m K." %ki 1* s'iSi' as (> F, T* r" v* S V m V .v V. m &s Vv >: *'*feXi,.v w'lr c 1 <*» i J ><w is Vm v 2H£»S :■< C V >^3kJ V '•v'
      139 words
  • Page 5 Miscellaneous

  • TRAINING & DEVELPOMENT
    • 1036 6  -  The year 1985 may well be remembered as a watershed in the field of training in Singapore. SDF, entrusted with skills upgrading via stepped-up training to keep the Republic's labour force adept with the latest skills, will see a major project coming
      1,036 words
    • 237 6 WHAT THE recent budget spells (or businesses in Singapore is a topic to be thrashed out at a coming conference on corporate tax planning later this month. The three-day conference, from April 23 to 25, will feature a panel of local and international
      237 words
    • 79 6 COMPANY DIRECTORS just do not seem to have enough of the controversial Companies (Amendment) Bill, although the Select Committee report was published a few months ago. Because of the demand from some of their clients, Peat Marwick Management Consultants will conduct two half-day seminars on Directors and
      79 words
    • 582 6 MEMO PAD Seminars and courses DURATION Mar 20 Mar 20-22 Mar 21-22 Mor 21-22 Mor 21-22 Mar 21-22 Mar 21-22 Mor 22 Mar 22 Mar 22 Mar 25 Mar 25 Mar 25-26 Mar 25-26 Mar 25-27 Mar 25-29 Mar 25-29 Mar 25-30 Mar 25-30 TITLE Directors The Companies Act Account
      582 words
  • Page 6 Advertisements
    • 91 6 nmWSfl If. t*l I •/>" Hp w 4 E TOWN CENTRE Sfcsy cr i- MI *•»< a® /-ii v< -)1 Si ■•> 5? 64, T £*-> W> "->i t l itW T Ml I »J £*S V 3 <» d V'V £1, 5,1 r rr,Tt<! S EBV\Ct ptOPU s PftRKW&
      91 words
    • 154 6 HOTEL The Excellence of International Standards, The Charms of Traditional Service. If traditional service and complete facilities make a difference to you then stay at the Dai-ichi Hotel (Singapore). Travellers and guests wiH discover restful comfort m our 420 luxuriously furnished guestrooms which command a panoramic view of Singapore's Southern
      154 words

  • BANKING AND FINANCE
    • 732 7 SINGAPORE The US dollar closed higher against most major currencies yesterday on short-covering and buying interest but was below the day's highs. The dollar closed firmer at 3.3200/20 marks compared with New York's 3.3110/30 close, but below its high of 3.3320, and at 2.8250/80 Swiss francs compared with
      732 words
    • 70 7 THE OVERNIGHT rate on the Singapore interbank money market rose 5/8point from Monday to closeat 6 5/8 per cent yesterday. The one-month term rate rose by 3/16-point, the two-month rose by 1/8point and the three-month remained unchanged. S$ Interbank rates at 3pm yesterday: Offer Bid Over night 6
      70 words
    • 210 7 HONGKONG: The metal finished little changed from its New York close level in active two-way trading yesterday. It ended at U*****.80/303.30 an ounce, which was below New York's $302.90/303.40 finish but above the $301.50/302.00 close here on Monday. Dealers said there could be room for gold to move higher
      210 words
    • 320 7 BA Futures EURODOLLAR futures opened slightly lower yesterday in Simex than CME and traded in a narrow range as dealers grew uncertain about interest rate trend in the near-term. The June contract opened at 89.30 and traded in a six-tick range before closing at 89.33. Currency futures opened sharply
      BA Futures  -  320 words
    • 273 7 Interbank rates at 3pm yesterday: Curr mctM Nominal rilM Smithsonian quoted jfMltrdiy crou parity chtngt Loci I dollors to on« <"'t of foreign curn «icy: iK.loHor 2 2630 2 2640 2 8196 -19 74 Sterna pound 2 5074 2 5107 7 3469 -65 87 Aus roban dollor *****
      273 words
    • Article, Illustration
      328 7 Asian market ASIAN dollar deposit rates closed steady yesterday at opening levels in quiet afternoon trading. Short-dates weakened between Vfc and point at the start due to a lower US federal funds rate and remained unchanged subsequently with overnight closing at Bs*8 s BVj and week fixed at 8V« BH.
      328 words
    • 433 7 Need to undertake specific risks Bernama THERE is a lack of expertise in the insurance industry in Malaysia to undertake specific and higher risks in the country. Deputy Minister of Finance Datuk Sabaruddin Chik was speaking at the opening of a seminar on "Strategy
      Bernama  -  433 words
    • 80 7 Reuter INDIAN and foreign commercial banks will be entitled to claim tax deductions on their bad and doubtful debts up to 10 per cent of gross profit. The relief, announced in the 1985 86 budget ending March, will benefit mainly Indian banks, who must
      Reuter  -  80 words
    • 471 7 Reuter THE INTERNATIONAL Monetary Fund has told Argentina it would hold up disbursement of a 236 million special drawing right loan until the country moves back into compliance with IMF economic targets. Argentine monetary sources, accompanying President Raul Alfonsin on a state visit
      Reuter  -  471 words
  • Page 7 Advertisements
    • 90 7 ¥1 t do r* A place relax and unwind. Hong Kong Radio an ace, all-Hong Kong five piece hand and popular foreign artistes take over at unfolding new dimensions in sound after Happy Hours. Efficient car valet service is readily available at our main entrance. Join the connoisseurs of fine
      90 words
    • 193 7 Tasteful interiors and cosy ambience. y lli. I i ft L ,^-J Spacious bedroom with warm colour scheme. nr WW: 55 I Ml 11 w& g I Liang Court Regency offers you a carefree, comfortable style of service apartments. Ideally located on River Valley Road, opposite the picturesque Fort Canning
      193 words

  • FEATURES
    • 476 8 ROLLING BACK the influence of government and allowing private enterprise to function untrammelled by excessive legislation, taxation and regulation is now the declared ambition of leading politicians. Set enterprise free, it is argued, and the unseen hand of economics will begin to trace a new and
      476 words
    • 1054 8  -  Timesharing, the nbw concept in vacationing, has taken the United States and Europe by storm. Australia's infant timesharing industry, however, it facing sharp growing pains, while Malaysia's Paka Jaya Resort in Trengganu has yet to test its popularity. FLORENCE CHONQ reports from Sydney. FLORENCE CHONG AUSTRALIA'S infant timeshariig
      1,054 words
    • 398 8 TIMESHARING, a new concept in inflation-hedged holidays, which took the United States and Europe by storm, has arrived in Singapore (through Malaysia). Possibly South-east Asia's first timeshare resort is about to be built in Trengganu, on the east coast of Malaysia, as part of a Ms9o-million
      398 words
    • 81 8  -  Letter to the Editor R W Livingsten Prarideat American Msiiae (8) Pte Ltd Dear Sir, "It would be impossible for anyone continually to match the high standards that Trudeau set in the past." For BT's associate editor to make this comment, you have to first believe
      81 words
  • Page 8 Advertisements
    • 314 8 r iA A A fk/ IBb x v# *wt <ir A A W//:r t or rrrrr <<♦ r All tied up? Take a look at our new telephone system. Our Toshiba Executive makes life much easier for you. For a start, you can see the number you're dialling on the
      314 words

  • SPORTS
    • 642 9  -  By WALTON MORAIS ON A DAY when the local pros gave refreshing accounts of themselves, the favourites did enough at yesterday's Rolex Masters Pro-Am to suggest that their tags were well deserved. But while attention focussed oh how the favoured performed at the Bukit
      642 words
    • 301 9 Reuter MARTINA NAVRATILOVA, stung by three unexpected defeats in her last seven tournaments, will be hoping that her recent form improvement will be maintained when she defends her singles title in the US$5OO,OOO Women's Winter Circuit tennis championships this week. Navratilova
      Reuter  -  301 words
    • 209 9 AFP THE BRITISH Football Association refused to bow to government pressure and public opinion and instead gave Chelsea one last chance to cure its hooligan problem. No fine or closure was ordered by the FA Disciplinary Commission on Monday in London. Instead,
      AFP  -  209 words
    • 381 9 UPI AFTER watching Milwaukee do a number on them for three quarters, the Chicago Bulls finally got wise and turned the tables on the Bucks. Michael Jordan and Steve Johnson rallied the Chicago Bulls from a 22-point, fourthquarter deficit to a 119-117 overtime victory
      UPI  -  381 words
  • Page 9 Advertisements
    • 283 9 THE KUALA LUMPUR STOCK EXCHANGE ORGANIZATIONAL resources SON BHD Jointk Present The ND NATIONAL CONFERENCE NEW DEVELOPMENTS IN THE SECURITIES INDUSTRY This Conference is organized with the objective of discussing evaluating the trends new directions the Malaysian Stock Market is taking It is also intended to focus on the investment
      283 words
  • Page 9 Miscellaneous
    • 1382 9 CRYPTIC PUZZLE ACROSS 1 Bishop's sinful associate? (5) 6 It's handy for Walter (5) 9 Peter doesn't quite get there with a cat (7) 10 A girl embraces it in friendship (5) 11 Reformer's reign in Africa? (5) 12 Suggestions as to how to get thin on very little sugar
      1,382 words
    • 37 9 THIS fcFMN IN SPRllsl •TO OFF TO mpN»NLV ON SUNN>f SPR»N P1A1|4...' V»VA £sP*H* -2BriStoW: FmnlcDLckens <x "M»s N£p* w OFF -tb sunny sftoiN VIVA ESfhKP* ROLL ON NeVT U*£K vra &OOKGD \r4 fVT fonBOYS IN ibßfcEmouNos
      37 words

  • INTERNATIONA STOCKS
    • 329 10 Reuter MERCHANT BANKERS Morgan Grenfell Holdings Ltd has decided against obtaining a London Stock Exchange (LSE) listing for the time being, a statement from the bank on its 1984 results said. Just over a year ago, Morgan Grenfell said it was considering the
      Reuter  -  329 words
    • 157 10 Reuter TWO major US communications companies, American Broadcasting Cos Inc (ABC) and Capital Cities Communications Inc, have agreed to a plan under which Capital Cities will acquire ABC in a deal valued at more than US$3.5 billion. Under the agreement, which has been approved
      Reuter  -  157 words
    • 319 10 Reuter NEWS on Monday that Capital Cities Communications is buying American Broadcasting Companies for US$3.5 billion led most media stocks higher, but Wall Street finished lower overall. The Dow Jones Industrial Average rose by 2.23 to 1,249.67. Declining issues led gainers by 917 to
      Reuter  -  319 words
    • 158 10 w C$ 4»* *ko 17* Abrtib. 52* 2* pro» Pip* 35* uneh Ale on 36* hnt IM 23* AJgomo 2)* K*rr Ac I 16 unch Argo*n HWgs lotoiow 18* inch Bonk Mont 26 Mouay F*rg 3 i*»ch Bonk Novo Scot» 13 Mc Bk>W 25* Bel Conodo 38* Motion A
      158 words
    • 254 10 MAI IS land Un«*c 465 unch Wootwc 1h 1275xd -5 INtXJSTtlALS MIMIMGS A Alpha 685 Abercom 125xd -3 Ar&n 2260 unch A£ And a 675 unch Antfvw I Amaprop 335 5 ®»£or »600 AMK1 2175 unch BuH«h 7200 25 Barlows 970 unch Char««f 420 C G Smrth 2050 unch
      254 words
    • 663 10 MAI IS us» Alcon AJurrwi Alcoa Alegheny Lud Afced Own Cp Afc.d Stores Afcs-Chabners Am Brands Inc Am Broadcast Am Can Co Am Cyanarr»d Am Elec Pw Am Express Am Horn# Prod Am Motors Cp Am Natwal Gas Am Tel Tel Amox Inc Amcroda Hess AMF be Amr
      663 words
    • 906 10 Amsterdam MAI It fk ABN 399 50 -1.5 188 00 -1 Ahold 226 50 -1.7 Akzo ***** -09 AM(V 218 50 -1.5 Amfos 7490 -02 B«>k 5400 -1.5 Boh 110 00 +1 348 00 -2 Botko 88 80 +0 2 C aland 3700 -04 CaK 468 00 L»ich
      906 words
  • Page 10 Advertisements
    • 417 10 s* iiriiiK, dtae <M«i ««terkk 1 1— v% 0 Time: 12 noon 2.30 pm Price: $12.0CT Fashion Show: 1.15 pm Models by: maiisaloA Modeling Agency Swim-wear by: Triumph International Clothes by: Blue Ginger E PRESIDENT MERLIN HOTEL SINGAPORE v/ 181. Kitchener Road.S«ngaporeoB2o Te1:*****22 M A v 5# 1 a At
      417 words
    • 153 10 London stocks, P®fl® 15 if vo*~ i Ffcng Cheng L6u Teochew v Restaurant for the best Teochew delicacies In town, i 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 you dine in Oriental splendour. Open daily
      153 words

  • ASIAN STOCKS
    • 397 11 HONGKONG: Stocks closed weak yesterday but were off the day's lows thanks to small investors bar-gain-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 to
      397 words
    • 217 11 MAR 19 WT Pocrhc Cons Pacific Elect 21 60 -1.1 4 32 -0 12 1740 -09 25 30 -03 1.42 -007 C*ons 25 00 -1 16 70 -03 Chang Hwa Bank 5150 -0.5 -03 -02 -03 -09 Sfthfcn Paper 46 70 •08 Ch#n Loona Chm Hsm Cement Chma Own
      217 words
    • 119 11 SYDNEY: Shares closed firmer on steady turnover yesterday with leading resource issues finding strong buying support on the back of gold's return to above US$3OO an ounce. At the close, the All Ordinaries Index was up 3.4 points to 793.6 points. The All Industrials Index added 1.2 to 1,166.6 and
      119 words
    • 319 11 TOKYO: Share prices closed lower in light trading yesterday as Wall Street's fall put a stop to investors' enthusiasm and produced a wait- and-see mood. The market. iverage lost nearly 29 points and closed at 12,477.99, the first fall for three days. International populars were easier, while bibtechnology shares
      319 words
    • 117 11 MANILA: Share prices closed mixed in quiet trading yesterday. The Commerci. il A Industrial Index roGe 1.32 to 128.29 and the Mining Index eased 1.89 to 697.10 while the Oils Indux remained unchanged at 0.6G2. MAR 19 Pwm Onontdl Phtex B Acom Mnng 0 0014 unch P«°P Phi 0
      117 words
    • 166 11 HONGKONG: >tock prices closed higher in quiet trading yesterday. The Book Clu 3 Index rose 0.65 point to 128.53 ind advances led declines by nearly three to one. Turnover r)se to 5.1 million shares worth 168.7 million baht from Monday's 3.6 million worth 183.1 million. MA* 19 Aokham Thoi
      166 words
    • 76 11 MAR 19 Woo -5 unch •II Hyundoi Const Hyundoi Motor KAL 901 580 660 -2 unch -5 Choheung 0k Commercial Bk 579 625 Korea F**» Korea Oil 615 1799 -3 II 451 •4 430 -10 537 -2 Samsung Co Samsung Elec Dong Ah 474 10 850 10 Gold Mor
      76 words
    • 260 11 AP THE 24-YEAR-OLD Philippine News has filed for reorganisation under Chapter 11 of the US bankruptcy laws in order to prevent closure by the Internal Revenue Service (IRS) for back taxes. "We are going to keep publishing. This is just one more battle," said publisher
      AP  -  260 words
    • 194 11 AFP A GROUP of Chinese companies and international banks have concluded an agreement to establish a US$5 million joint venture leasing company in Shenzhen, China. Under the agreement, South China International Leasing Co Ltd will be formed by the Shenzen branches
      AFP  -  194 words
    • 143 11 Reuter WORMALD INTERNATIONAL LTD has advised shareholders not to sell their shares or notes in view of recent heavy activity in the shares and speculation about a takeover bid. Shares in the multinational fire protection and security group rose to A 53.75 in trading
      Reuter  -  143 words
    • 96 11 Reuter INDUSTRIAL VALLEY Bank and Trust Co, a wholly-owned subsidiary of IVB Financial Corp, has sold a USJ2S-million floating rate subordinated capital note due 1997 to the Hongkong and Shanghai Banking Corp. From the proceeds, $22 million was used to redeem IVB Finan-
      Reuter  -  96 words
    • 180 11 Reuter THE TOKYO Stock Exchange has denied a report in the financial daily Nihon Keizai Shimbun which said the exchange would study ways of listing British Telecom PLC (BT) shares in the near future. "We have made no such decision and we are
      Reuter  -  180 words
    • 156 11 Reuter INDIA has changed securities regulations to allow more companies to become listed on its 13 stock exchanges. The Finance Ministry says that with immediate effect, companies which are more than 10 years old or which have been earning a profit for at least four of
      Reuter  -  156 words
  • Page 11 Advertisements
    • 467 11 m i (SMI H t is 1 n Jf m **$*1 -T<T SI *5 SB Y///> Is For a Rsranakan Buffet Lunch so good,even Norryas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily,
      467 words
    • 54 11 si, ft restaurant u 7* H Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridien 3rd Storey (near hole) lobby) 100 Orchard Road *03-100 Singapore 0923 i Tel: *****22 L Motel parting tee redeemable n orcraa in 214 Duneam Road Singapore
      54 words

  • RAW MATERIALS
    • 308 12 Reuter MEMBERS of the Association of Natural Rubber Producing Countries (ANRPC) feel that a new international rubber agreement with consumer nations this year is unlikely to materialise, ANRPC sources said. ANRPC is currently meeting in Thailand to finalise a joint bargaining position for presentation to consumer
      Reuter  -  308 words
    • 679 12 AP Reuter CHINA, once viewed as a potential market for huge quantities of surplus US grain, has produced such bumper crops that it now is turning into an exporter and competes with American farmers, according to the US Agriculture Department. A report released
      AP; Reuter  -  679 words
    • 145 12 AFP SOME 40 per cent, or about 12 million, of 40 million citrus trees in Indonesia have b?en afflicted with citrus vein phlo em degeneration (CVPD) disease, an Indonesian food crops production official has said. The bacterium-caused disease has spread to >ome eleven provinces in
      AFP  -  145 words
    • 215 12 SINGAPORE The market closed higher yesterday with April One RSS buyers quoted at 164.25 cents per kg, up 1.25 cents from Monday. The morning session gained 1.25 cents on some buying interest and shortcovering in quiet trading. Prices were little changed in quiet afternoon trading on lack of interest.
      215 words
    • 346 12 RAS prices in S cents/kg, FOB in b •ales NOON CLOSE Buyers Sellers Buyers Sellers tnt 1 RSS Prompt 163 00 164 00N 163 00 164 50N Int 1 RSS Apr 85 164 00 164 25 164 25 164 75 Int 1 RSS Moy 85 168 00
      346 words
    • 107 12 (cents/*9# '-ton pollcts) APRIL 85 MAY 85 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 >69 50 171 50N 170 50 172.SON SSR 50 166 50 168 SON 168 50 170 SON MRELB Buyers Sellers Buyers Sellers SMR CV ***** 214 50
      107 words
    • 151 12 MALAYSIAN crude palm oil prices closed slightly lower yesterday on late selling after early sentiment was aided by Pakistan's presence in the market at its RBD palm oil tender. In the March position, south and north fell Mss and $2.50 respectively, to $1,327.50 per tonne, while in April,
      151 words
    • 162 12 SOYBEAN futures on the Chicago Board of Trade surged late on local and wire house buying to close 5Vi to 7V« cents a bushel higher on Monday, with the closely watched May contract finishing at $5.97 V«, up 6 1 4 cents. Persistent strength in European currencies and precious
      162 words
    • 157 12 WHEAT futures on the Chicago Board of Trade closed 3« 2 cents a bushel higher on Monday in nearby March to cent lower in December, with March closing at $3.59'«. March lost some of its earlier strength but closed firm in extremely thin dealings on buying by Cargill. L
      157 words
    • 107 12 THE Koala Lumpur Tin Market price remained at the International Tin Agreement floor-level of M 529.15 per kg, dealers said. The buffer stock manager took the total delivery of IC7 tonnes, including 31 per cent foreign concentrates. Deliveries totalled 219 tonnes on Monday. Sterling's rise against the Malaysian
      107 words
    • 161 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix I6's 2,550 Blue Phoenix 20's 2,750 Blue Phoenix 32's 3,300 Blue Phoenix 40's 3,650 Carded yarn, hank Blue Phoenix 21's 3.000 Combed yarn, cones Blue Phoenix 32's 4,350 Blue Phoenix 40's 4,500 Open-end yarn Blue
      161 words
    • 154 12 Chinese Produce Robusta 20/25% 477 50 Exchange FOB NSW (Sellers' noon dosing prices on Nutmeg ♦or 19 SS/100 h9). 1 10 FOB NSW 396 00 Coconut oil E&W FOB NSW 248 00 Bulk FOB 155 00 Gambier Old drum FOB 168 00 FOB NSW 330 00 New drum
      154 words
    • 270 12 Singapore C-l Ord unq (S$/kilo, ei-godown) Loonzain Rice Fragrant new cop j°°£ unq 227 2nd 0 65 'OO'*' 3 rd grade unq 3rd 060 Parboiled Rice New Crop 5% 227 25% no stock 10% 222 10% no stock Thai Broken Maize unq A-super Special oH Hongkong Thai Rice (HK$
      270 words
    • 819 12 COFFEE Robusta coffee futures eased further on Monday afternoon, reflecting further gains in sterling against the dollar, and ended with losses from last Friday's close of up to £33 a tonne. Trading was generally quiet with total volume of 2,014 including 313 cross trades. Most active May ended
      819 words
  • Page 12 Advertisements
    • 329 12 f A I tasfrf fi '•If 4® Wl J* 158^ >-^A jt Li I Gfi The Asean region is the world's fastest developing arena, with extensive ongoing buildup in industrial infrastructure, and redevelopment of both urban and rural areas This generates a tremendous demand for electrical electronic products/components Malaysia itself
      329 words

  • SHARE INFORMATION
    • 4256 13 SHARE prices closed mixed yesterday after bargain hunters lent their support in late afternoon buying. Once again, the 830 level of the Straits Times Industrial Index showed support for the market. The BT Composite Index rose 3.20 points to 747.55 while the
      4,256 words
    • 253 13 Chief pric e changes SINGAPORE Rises Van Dar Hoot 202 22 C A C 380-1-18 Kata*h 396 +16 Matro Hldos 352 U So mow do HUfi 286 13 FAN 540 +10 Sw Oorbr 50* 205 +10 UOI 454 +8 Fo«-£l 50« 312 +8 G Lamhar 167 7 F Fatai*. 50c
      253 words
    • 3586 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"
      3,586 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 1349 14 Third of a four-part technical appraisal of the 40 component stocks By HOCK LOCK SIEW OVERSEAS UNION ENTERPRISE: One prominent feature of thinly-traded stocks such as Overseas Union Enterprise ($3.50), is that when the market turns up, short sellers will have to pay a hefty premium
      By HOCK LOCK SIEW  -  1,349 words
    • 100 14 HONGKONG NEW YORK Hang Seng Index Tuesday 1303.47 Monday 1310.47 Week ago 1371.51 TOKYO Dow Jones Monday 1249.67 Friday 1247.35 Week ago 1268.55 Tokyo Dow Jones Tuesday ***** 99 Monday *****.64 Week ago *****.87 TSE Index Tuesday *1003.01 Monday 1000 10 Week ago 977.14 SYDNEY Australian Minings Tuesday
      100 words
    • 265 14 Managers' prices for March 20 Ml IRA-Bumiputra Frst B'| Second utro 5 75 5 80 B'putro 4 93 4 98 Singapore Unit Trust Third B Fourth putro 4 23 4 28 l'putro 4 69 4 74 The Commerce 2 28 2 42 Fifth B' ►utro 3 20 3
      265 words
    • 73 14 HONGKONG shipping magnate Sir Yue-Kong Pao yesterday took over as chairman of four subsidiaries of Wheelock Marden four days after he gained control over the conglomerate after a month-long battle. Sir Yue-Kong became chief executive of Lane Crawford Holdings Ltd, Hongkong Realty Trust Ltd,
      73 words
    • 250 14 SAMANDA HOLDINGS Berhad: Thirteenth AGM at 4 h Floor, Wisma Stephen 5, Jalan Raja Chulan, Kuala Lumpur, Malaysia on Mar 22 at 11.30 am. VAN DER HORST Limited: eleventh AGM at 11, Pant Ian Crescent, Singapore 0512 on Mar 27 at 10 am o be followed by the
      250 words
    • 373 14 Bernama THE MALAYSIAN Capital Issues Committee (CIC) should give companies seeking public listings more say in the determination of their issue prices. Mr Ishak Abdul Hamid, the chief executive of Amanah Chase Merchant Bank Bhd said that working out the issue price was
      Bernama  -  373 words
    • TAKING STOCK...
      • 266 15 By HOCK LOCK SIEW DUNLOP HOLDINGS shareholders pondering BTR's final offer would be well advised to do a few quick sums before the end of the week. BTR is offering 63 pence cash for each Dunlop share more than three times the value of the original offer.
        By HOCK LOCK SIEW  -  266 words
      • 281 15 LISTED Malaysian companies still seem to be eyeing financial institutions, although the spate of acquisitions has dampened considerably. Sources say that among the latest is Palmco Holdings Bhd, which has been holding negotiations during the past few months to buy a stake in a new finance
        281 words
    • 835 15 STOCK PRICES opened mixed yesterday in thin trading ahead erf the UK Budget. At 9.45 am, the FTSBJ 100 share index was down 1.8 points at 1296.5. Barratt Developments was an early feature, rising lOp to 76, after announcing an unchanged interim dividend, but later eased to 72p.
      835 words
    • LATEST RESULTS
      • 43 15 Consolidated pre-tax profits fell 18.3 per cent to M$20.61 million for the year to end-Dec 1984. An unchanged dividend of 18 per cent gross for the year has been declared, payable on July 5 for shareholders registered by June 7.
        43 words
      • 56 15 Pre- tax profits of M$30.39 million ($22.92 million) on sales of $107.46 million ($106.06 million) for the six months to Dec 31, 1964. An unchanged interim dividend of 10 per cent gross on the ordinary and cumulative preference participating stock has been declared payable on April 27
        56 words
      • 33 15 Pre-tax profits of M$281,000 ($447,000) and after tax earnings of $40,000 ($247,000) for the six months to end-Dec 1984. Directors have decided not to declare an interim dividend.
        33 words
    • 74 15 SINGAPORE GLASS (1974) Ltd has passed its ordinary resolutions at an EGM A special resolution to change the name of the company to Parkway Holdings Ltd was also passed. BATU KAWAN Bhd says that after its proposed one-for-two bonus issue, the company expects to maintain a 15 per
      74 words
    • 324 15 SOME LIGHT BUYING helped restrain the downward drift of share prices on the Kuala Lumpur stock market yesterday. Trading was selective with many situational stocks closing higher but generally, the market was listless and finished on a slightly easier note. The market opened
      324 words
    • 2619 15 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 Acmo (1.838) Ajinomoto (3.705) A Choc (2.705) AMD (3
      2,619 words
    • 420 15 FIRST ALLIED Corporation Bhd has made a major thrust into the fast-developing 'northern corridor' of Kota Kinabalu with the purchase of 415.3 acres of land slated for development into a new township. The company disclosed yesterday that it was buying Dapan Holdings Sdn
      420 words
    • 341 15 TRADING-BASED Mulpha Singapore Ltd, formerly Guthrie Bhd, has reported lower profits for the 12 months to Dec 31, 1984 as a result of sluggish trading conditions. The group, a member of the Multi-Purpose Holdings Bhd stable, managed pre-tax profits of only $948,000 for the full
      341 words
  • Page 14 Advertisements
    • 124 14 NOTICE OF PREPAYMENT SCEOE GGN€RAI£ U.S. $30,000,000 Callable Negotiable Floating Rate Certificates of Deposit N0.*****9-*****8 issued on 23 April 1982. Maturity 27 April 1987. Callable on 25 April 1985. Notice is hereby given that in accordance with Clause 3 of the Certificates of Deposit ('the Certificates') Societe Generate ('the Bank')
      124 words
    • 13 14 The fast batch off the BT Composite components will be published on Friday.
      13 words

  • Page 15 Advertisements
    • 133 15 "The Number One Pizza Franchise" Rated in "Top Ten of all U.S. Franchises" (Entrepreneur Magazine Jan. '84) Over 700 Inns in U.S.A.. Far East, Middle East and Africa Pizza inn For licensing information, contact: Franchise Development Pizza Inn. Inc. 2930 Stemmons Freeway Dallas. Texas *****-6103 Tel: (214) 638-7250 Telex: 730
      133 words
    • 34 15 Practical, down-to-earth, well-written and witty THE ANDROGYNOUS MANAGER helps to counteract the excesses of male and temale sexism and points the way to more productive management greatly improved job performance and better interpersonal relationships
      34 words
    • 107 15 sv Visit Singapore's one and only '"FAST SIGN" shop for:uminium signs business hour boards desk plates directional signs directories emerge igns exchange rate I•flip < free standing boards magnetic buttons maa* magnetic planning syst& igns notice boards banning systems plastiat )ull signs registered offic self adhesive signs so# j e
      107 words

  • YESTERDAY IN PARLIAMENT
    • 867 16 FINANCE MINISTER Tony Tan said yesterday it was undesirable to reduce corporate tax at this time, but he did not rule out the desirability of a cut in corporate tax in future years "when our revenue position allows us to do so".
      867 words
    • 432 16 CRITICS of the government's role in the private sector and its fiscal policy took some beatings from Minister of State (Trade and Industry) Lee Hsien Loong yesterday when he rebutted them point by point. Brig-Gen Lee, who is also Minister of State (Defence),
      432 words
    • 59 16 THE SUPPLY of pigs in Singapore will not be affected by a shut-down in the Sing-Thai Farms, a joint venture between the Thai government and the Primary Industries Enterprise to export pigs from Thailand to Singapore. National Development Minister Teh Cheang Wan said the farm
      59 words
    • 271 16 THERE IS "definitely more than enough money" to meet payments if all CPF depositors were allowed to withdraw their money at once. Total CPF deposits last Dec 31 were $22.7 billion, but foreign and local reserves amounted to $33.5 billion, about 50
      271 words
    • 201 16 IT WAS NOT the government's intention to suppress rentals by deliberately over-building office space and shop premises. The Minister of National Development said this in reply to a query by Major Fong Sip Chee (Kampong Chai Chee) about the glut in office and shop space.
      201 words
    • 91 16 THE RISE in the number of political appointments by government came under opposition MP Chiam See Tong's criticism. Mr Chiam, MP for Potong Pisir, said this "trend" was "unhealthy" because their salaries had pushed up government spending on pol tical appointments by about 65
      91 words
    • 73 16 A CAMPAIGN to "sue the doctors and hospitals" is undesirable and the government will not carry it out. Health Minister Dr Tony Tan said such a move would "induce doctors to practice defensive medicine," subjecting their patients to wasteful and unnecessary investigation, treatment and medication. Doctors
      73 words
    • 51 16 THE Minister for Foreign Affairs and Community Development, Mr S Dhanablan, has asked for the appointment of the Committee of Selection. Members of the committee will be: Chua Sian Chin, S Dhanabalan, Lee Yiok Seng, Lim Boon Heng, Sidek bin Saniff, Dr Tony Tan and Dr Tay Eng
      51 words
    • 54 16 CONTRIBUTIONS to the Skills Development Fund should revert to their original 4 per cent rate when business conditions improve. Mrs Yu-Foo Yee Shoon (Yuhua) said this is neccessary if economic restructuring is to continue. She also asked employers to take advantage of the current lull
      54 words
  • 335 16  -  By QUEK SWEE PENG MONEY AND CAPITAL market activities helped boost Dresdner (South East Asia) Ltd's af-ter-tax profits to $29.7 million last year from $25.8 million in 1983. Though the volume of loans fell slightly, interest income remained stable. Chairman Christoph von der Decken
    335 words
  • 394 16  -  By LIM SOON NEO SINGAPORE AIRLINES' annual revenue has grown to around US$l.5 billion from $161 million in 1972. And the airline has not once failed to make a profit or pay a dividend, SlA's managing director Dr Cheong Choong Kong said. "The total
    394 words
  • 111 16 THIRTY-ONE jewellers and diamond dealers who completed a course in diamond grading and identification received their awards yesterday. The course, held between June 4 and June 16 last year, was the first to be organised by the Diamond High Council in Singapore. This council is
    111 words
  • 73 16 WALL STREET stock prices were higher in the first 15 minutes of trading yesterday. Analysts expect news of a larger than expected decline in February housing starts, and indication of softening of US economic growth, to have a negative effect on stock market prices. The Dow Jones
    73 words
  • LATE FILE
    • 52 16 Reuter TOTAL new foreign non-oil investment approved by the Indonesian government, fell to US$B57 million in 1984, down 66 per cent from 1983. The National Investment Coordinating Board in Jakarta said yesterday that foreign non-oil investment last year was $1.08 billion, down 57 per cent from
      Reuter  -  52 words
    • 56 16 Reuter TAIWAN-BASED foreign companies can now apply to Taiwanese banks for export loans. A Central Bank ofChina official in Taipei said yesterday that companies can now use letters of credit, acceptance and payment documents to apply for export loans at 7.T5 per cent compared with the
      Reuter  -  56 words
    • 57 16 Reuter VIETNAM has agreed to leave the issue of US and Soviet military bases in the region out of any talks on the Cambodian issue. Indonesian Foreign Minister Mochtar Kusumaatmadja said yesterday that Vietnam had agreed not to link the bases in South-east Asia to
      Reuter  -  57 words
    • 52 16 Reuter REPRESENTATIVES of European Economic Community leaders have prepared controversial proposals to turn the group into an embryo united states of Europe, despite strong opposition from some member statet. Diplomats in Brussels said the ad hoc committee on institutional affairs would also recommend expansion of the group's
      Reuter  -  52 words
    • 61 16 UPI A CATHOLIC priest who earns US$3OO a month has won $1.7 million in the state lottery and plans to givemost of it away. The Reverend Joseph Faraone, 37, a priest for 13 years, will receive the first of 20 instalments of $55,766 in about
      UPI  -  61 words
  • Page 16 Advertisements
    • 66 16 BELOW S3 50 PSF With 100% wool carpets, window blinds, wall paper, under-floor phone/ electrical trunking, private pantry/ toilets and generous rent-free fitting out periods I Ro/mso// I cnf/ r 112 ROBINSON ROAD CALL *****44 GCSI PROPERTIES S PORE PTE LTD FOR VVFHIATf VIF W:Nn Britannia offers you a world
      66 words
    • 0 16 !/.[|[['&[;<-\>_{!-.$])!-+$=]&@
      0 words
    • 182 16 EXPORTS. WHY TAKE A CHANCE? 3 r <cX ROW r*ow st now \l< "T*»C SV v» V 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
      182 words
  • Page 16 Miscellaneous
    • 59 16 Outlook for today: Showers in a few areas in the morning, late afternoon and early evening. Report for 24 hours prior to 7 30pm on March 19 at the airport: Maximum temperature 32.7 Associated humidity 63 Minimum temperature 24.5 Associated humidity 93 Hours of sunshine 10.35 Rainfall in millimetres Nil
      59 words

  • SHIPPING TIMES
    • 174 17 THE escalation of hostilities in the Mid-East Gulf may result in increased war risk insurance premiums within the Gulf, marine insurance brokers say. But they say the current position is still being assessed and it is too early to say what changes are likely.
      174 words
    • 631 17  -  By LINDA CHEE JANUARY 1985 can be remembered as the worst opening month for the Port of Singapore over the last five years. Compared with the same month last year, cargo throughput plunged by 14.2 per cent from 10.1 million freight tonnes to
      631 words
    • 888 17 Shipping Lln« Pi •9* C«i Afeo VI 3 Ahrenfciel Liner V 4 AC Toepter XV 54 Alphotrons VI 4 Andeka Shpg VI 1 Antah Orient X 1 ANL 1 1 APC Line V 4 APL HI 4 Arrow Lines X 4 ASCL M 1 Asiabroker V 5
      888 words
    • PORTSIDES
      • 90 17 CAPTAIN James Fear, formerly of the US Coast Guard, has accepted an appointment as Service Development Officer of International Maritime Satellite Organisation (Inmarsat). Captain Fear was, until recently, Chief of Staff for» the Third Coast Guard District at Governors Island, New York. Besides commanding several Coast Guard
        90 words
      • 65 17 Reuter THE Australian and New Zealand Eastern Shipping Conference says it will alter its currency adjustment factor (CAF) for shipments to Australia and Papua New Guineato minus 8.5 per cent from minus 6.0 per cent. For shipments to New Zealand, the CAF will be changed to minus
        Reuter  -  65 words
      • 25 17 MR Bernd Wrede, chief financial officer and a member of the board of directors, has been elected deputy chairman of Hapag-Lloyd AG.
        25 words
    • 769 18 AFP BULK carrier receipts improved again, particularly in the major grain trades, on the freight market last week, with several establishing a new peak for the year so far. The recent rate upswing continued to force charterers to hedge against a further rise in costs by seeking tonnage
      AFP  -  769 words
    • 478 18 HYUNDAI'S Mipo shiprepair yard is set to cause a stir in the industry by deliberately underpricing itself on some contracts this year to boost revenue. Spurred on by a slump in repairs it has already sent executives abroad to bolster its
      478 words
    • 126 18 Seatrade Week THE FIRST inland container terminal in Holland has started operation at Hengelo, close to the West German frontier. The terminal, named Container Vaart Euregio, lies on the Twente Canal and can handle inland vessels carrying up to 140 TEUs. The 3,000 sq metre
      Seatrade Week  -  126 words
    • 605 18 AP THE dhow, the traditional Arab boat, is back in fashion in the Gulf, largely because of the Iran-Iraq war. While oil tankers have come under attack in the conflict, dhows are left alone. But nostalgia also is a factor and dhow carpenters
      AP  -  605 words
    • 1859 18 COAL charterers are showing more interest on the freight market on Monday but fixing has otherwise been mainly confined to the time-charter sector, shipbrokers said. Coal from Hampton Roads and Richards Bay to Japan received U5511.25 compared with around $11 previously while $5.80 was agreed from Hampton Roads
      1,859 words
    • 226 19 AP THE British captain of an oil tanker attacked by a jet fighter off Qatar vowed on Monday never to return to the Iran-Iraq war zone and advised other merchant seamen to stay away. "I've had enough. I'm bloody well going to retire now.
      AP  -  226 words
    • 398 19 Lloyd's List SANKO Steamship, whose massive newbuilding programmes have reverberated around the shipping industry for more than a decade, has sprung a major chartering coup. The deal, worth around US$3O million, takes care at one swoop a dozen of Sanko's medium-sized crude carriers.
      Lloyd's List  -  398 words
    • 475 19 THE Irish Rowan has been arrested by three of the Hongkong shipowners affected by the collapse of the state-owned Irish Shipping. The 27,537 dwt bulk carrier was arrested when it arrived in Hongkong on Feb 13 and held pending the court-enforced sale.
      475 words
    • 126 19 Bernama MALAYSIA is seeking the assistance of the Economic and Social Commission for Asia and the Pacific (Escap) to prepare guidelines on the technical aspects of the proposed Merchant Shipping Amendment Act. TTie director of the Maritime Division of the Transport Ministry, Mr Muhammad Thilagadurai, said
      Bernama  -  126 words
    • 99 19 A NEW legal challenge which could disrupt the United States Lines's global service has been launched by three US liner companies. Sea-Land, Farrell and Prudential Lines have submitted a joint court action to protest against the US Maritime Administration's decision to give USL the right
      99 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
    • 2921 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      2,921 words
    • 717 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINI ERS AND LCL CARGO God |ws FCL Arrival for LCL movement Ship Voy date/time Operator cars o schedule 1 Location Sea Hawk 8512 20.3.85 2300 Eastern M F7 0900-1100 B3 Gold Varda 48W 20.3.85 2300 Star Shpg F7 0900-1100 L4 E
      717 words
    • 1840 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B \KKA African Shippine Agen< ies iSi Mrt-Kiruli line Ttansgroup «S» Abrcakiel liner Service Kim Shpe ISI Alfred Toepfer Oceanus Shipping Aeen ries (Si Manntex Enterprise IPKI AI par Intrasea <Si Bintane Shpe IKLI Island
      1,840 words
    • 404 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Com'der Grut Futaml Maru Kota Berkat Makmur Neptun II Zagreb C Princess Kota Wangsa Ninhco O Pyatnitskiy Regent Ruth Tamatai Samoa Waheng K29 K16 K31 K24E Kll K35 K18 K31 K21 K33 K27 K18 Kll S Nielsen
      404 words
  • Page 17 Advertisements
    • 324 17 L A r PubJtstmd by f TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A memtw Of the times o*gon»sat»on SS6 50 IARDIXK Jardines A XT AH I Ohjeimt Overseas ComLuwi Line FULLY CONTAINERISED SERVICE TO EUROPF Vl» SUE? •T.N BHDS 24* CHNt CONTAK* 7V*
      324 words
    • 282 17 UASC UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shenlon Way 04-02 C Marina Mouae Singapore 0207 T»l *****54 T#l«., Ho RS2S4I9 CFSoMiceTPC 03 30 T»l *****31 and *****32 T»rmin»l oftica TPC 03-29 Tal No 2222C90 *****93 FROM JAPAN TAIWAN lIONG KONG TO ARABI \N GI LF RED SKA
      282 words
    • 920 17 [<`^<%('=!;|-{;+^~][%(&{&"){-}~ *r MAERSK LINE EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA TO I PACIFIC. (iL'l.h ATLANTIC. FAST I'ANAI »A. INI AND POINTS Hi.ijljlli'nwu'wu.lj. l Jl l J.MIJ.If f5 30/4 11/5 •SWGAPOfit aOSfIG TMES CY 25/3 11Q0HRS CFS 24/3 2300HRS TO HH < ill'M MOM AND I" K .OF
      920 words

  • Page 18 Advertisements
    • 274 18 LINE YAMASHITA-SHIN CONTAINER SEN /Canada at Kotoa m USA/CANADA Fcciler Vsl KB »ct FUftV ACf MIDDLE 11 i j.ii i iii 11 TRANS SIBERIAN SFRVICt g Pan Asia Line: ltd. v«mi sp MS ACE Sfc FMMLT »Ct 23 MMU 2 aatT ace i |Mh xceptnf ia cjrn I* dvect AGENTS
      274 words
    • 284 18 11 Supercarrier Service NEKT MNHVAIS BARBER PERSEUS 27/3. BARBER PRIAM 7/4. BARBER HECTOB 17/4 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA tUu Kcepte* ca*t tar Houslor (MB) S. franc*. (MM. Stecfttan mi Son tttf* m I. Anjeftn TO: CARIBBEAN CENTRAL AMERICA CHILE CNHBKAN Aruta Curocoo Brdfetown PhApslwrt Port
      284 words

  • Page 19 Advertisements
    • 753 19 The Straits Steamship Gn Mansfield Container Shipping Pte Ltd I 1 111 CONTAINmHIP tfRVICE TO UK/CONTINENT CAAOIGAN BAY OSAKA BAY LIVERPOOL BAY TOKYO BAY KITANO MARU THAMES MARU CITY OF EDUBURGH TOKIO EXPRESS CARDIGAN BAY OSAKA BAY S'ton H'hurt 10/4 12/4 17/4 19/4 24/4 2674 02/5 04/5 07/5 09/5 17/5
      753 words
    • 662 19 Franco Belgian Services F+r XaJ. rtv< wnu>i /wi* far L%ns»l (MEMBER OF ACE CONSORTIUM) FULL cqntakr sawct to EUROPE fuii cqntakrsht soma mow furore STORE P.KEIANGIe Have dim fSlime Han BHaven Ant HANS WORLD BRCGf ?4 HUr 2t Ma 15 Apr 17 Apr 1* Apr 21 Apr 22 Apr 23
      662 words

  • Page 20 Advertisements
    • 311 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage Scandinavia, Med, Carribean ft S. America Inland haulate to inland destinations in Europe >, S pore P KelangPenangleiioes BAio Genoa Hburg Antwerp Connecting in Kobe (> Connecting in Kaoshiung Aho accepting cargo toi ATLANTIC GUIF POSTS via ntmiland bridge and US MtDWFSTby murobfKlge IMPORTS
      311 words
    • 212 20 FULLY CONTAIN ER I SEP SERVICE >< j _i IL. I.ra r AMfMtin TO EUROPE IRONS NODI D BRCGf 24* CWNA CONIAMR ?9* ROM IN CHANCt 21W HONGKONG CONTAMR 44*1 OMNIAI CWF 43* AISO IOAWNO (OK BRI Mf RHAVI N 18 4 ?0 4 n 4 ?7 4 25 4
      212 words
    • 480 20 SINGAPORE TO BRUNEI •JENSON (V In Port 25 Mar Muara •EQUATOR V 28 Mar 30 Mar Muara •JENHOI In Port 21 Mar Muara •With Drv A Reefer Container Service CONTAINER FEEDER SERVICE LINK SINGAPORE/BANGKOK TWICE A WEEK With Refer, FCI t LCL Container Service Agents: Bangkok: Transport I Freight Forwarding
      480 words
    • 649 20 EVERGREEN Full Container Service I Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED./FE) ever grade EVER GOMG ALSO ACCEPTWG CMGO 10 1) PROfIOENCi NNARK SAVANNAH BOSTON PNLAOELPIM NORFOLK IACKSONVR.LE RNLMMGTON ETC 2) ATLANTA CMC AGO OCTRCMI COLUMBUS I OTHER MA (OR MKROBRDGE KSIMTIOMS 3) CRISTOBAL BALBOA PANAMA CITY COLON SAN WN ORLEANS
      649 words
    • 361 20 dSINOSE MARITIME PTE LTD RlfJl ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES PORT HUANG PtNANG Ludn( for B Abbas B SMOSf MAR 'Ml PTE ITD TEI *****44 1 4 *****70 MAiOSt MARITNK SON BHD let *****2 3 MALAYSIA IRAK 4 TRANSPORT LTD Tel ***** 4 ***** KYOWA LINE TO
      361 words

  • Page 21 Advertisements
    • 781 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 v\v EAST AFRICA/REDSEA SERVICES Mill m mm. KARACHI/M.E. GULF SERVICES VOYAGE HONGKONG 14-17/4 I 26-2/5 E-320 9-10/4 COLOMBO/CHITTAGONG/RANGOON SERVICES SINGAPORE RANGOON 6-8/4 VOYAGE •435 «W1 < BANGKOK DIRECT SERVICES i INDONESIA SERVICES KOTA BANTENG KOTA JADE FAR
      781 words
    • 759 21 BENLINE CONTAINERS r* MM KkJJEBSEN LINE NEWZEALAND SOUTH EAST ASIA EBSEN SOUTH MO SS LIVERPOOL BAY/ELK ISS TK« S IB CBSEN SOUTH.MB &S PMoreiby Lie Noumea Audi Im Nipwr Timani BMI EBSEN SOUTHLAND 5S 7/4 U/4 15/4 20/4 N/4 25/4 ELBE ISS 25/4 1/5 8/5 U/5 THE* S IJS 21/5
      759 words
    • 659 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East Snore Service FuM Container Vessel. Bus an Yokohama Kobe Kiohwaif HK Spot IfPriol (M) tUI«PMI VII HB t 3 1/3 10 3 16 3 17/2 22/3 24/3 ss WEST BOUND Tfewy Amsterdam H bur( Antwerp BUB UUAH lt/1 (0 KB Spore SRtWIAYA *13*6
      659 words
    • 469 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore P Kelang Penang Htoneywa V2OO ?5/26 Mar Pa-an VBl 20/23 Mar Paean VBSW 30/31 Mar 28/29 Mar BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG IVYBANK 12 Apr 8 Moy 11 May
      469 words

  • Page 22 Advertisements
    • 1395 22 k\.*.:"K"line KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND via IPI MICROBRIIMiK A MINILAND BRIDtIK) FEEDER MOTHER VESSEL SPORE PKLG PENANG SPORE T/S PORT LA/LB SEATTLE OAKLAND VAN BC PORTLAND ASIA STAR V 34 QUEENS WAV BRIOGE V 35 1/ Mar 18 Mar ?0 Mar 22 Mar
      1,395 words
    • 556 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lO>ANt.MIN SAN*IRAMI%€O SEAlltl lAmiMA VMKUUVERBI HI HI I fc.-i.ifU S»vapi>r«- I An^k* lARATEMMJ 20 21 *p, 17 May AUSTRALIA EXPRESS CONTAINER SERVICE A. HI til C>mtamer Vt M; A MIJMIiIH tiAMIiA M *AKIRI»A:, MVIDAS 76 ?I t r JAPAN SERVICE loadnf tor Kobe
      556 words
    • 535 22 JxANKD ASIA FROM JAPANESE POUTS ANO HOMOKOMG i 7s-, GOLDEN LINE S 2V GUAN GUAN SHIPPING (PTE) LTD Kami lun( Proinoal Bin» BuMn(. 60 Ceci Street. SXGAPOOt 0104 TEI *****90 (10 IMS) TH Kuala Limpur (0211 P XfUnj *****1 Peninj 36M88 Pas» Gudanj Ajent ORIENT LLOYD (M) SON BHD TEI
      535 words
    • 448 22 4«! INTRASEA (PTE) LTD 10 Anson Road »27 16 International Piaza Singapore 0207 Tel *****1 1 1 1 0 Lines) o BREAKBULK SERVICE TO EUROPE/UK OCEAN MM) *****03 S pore P K Hm( L oadnj for 8 Apr SETE'IMT/MTT/UJI (AVON) AND S pore P Helang I ojdrig lor ALEV 4/4
      448 words

  • Page 23 Advertisements
    • 515 23 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE «»-*..«<»» co*s TPA CONTAINER SERVICE TO/FROM EXPORT Feeder Vessel A VESSEL SUPANY* 12N A VESSEL N ZDCON 4CN A VESSEL SUP WW* 13N VESSEL A VESSEL SUPANYA 14N A VESSEL N ZDCON 47N A VESSEL Also accepting TO/FROM EXPORT Feeder Vessel
      515 words
    • 13 23 CRISTA m IMMIGAN lUNO E CALL OTHER PORTS S OfMCf NMMTTAM #13 15/
      13 words
    • 547 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN, INCHON VesvH No 6 Donam SO?N lb 7 Donam SO3N Ma 9 Dwum SO?* No I Dtnjfli SO3N No i Donam SO7N GtntiM Sur»f» for Not Donam SOTS at Gdn ?1 If 0900 hrs-1200 hrs INCHON BUSMI
      547 words
    • 1056 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK AT NAH SOON SON BHD IST AND 2ND FLOOR NO 1 IALAN CEMPENWG PORT KLANG
      1,056 words

  • Page 24 Advertisements
    • 810 24 o** Kc«|i<Nial r.ont:iiiK'r Ijim-s 3 Sailings Weekly PJ Reliable Regular Punctual Kl'L Regular Berthing P S.A Mon, Wed Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA VOT SM SKLA PKI BKK SXIA RAT ANA BHUM 6S 267N In W/20 Mat 23 Mar SHI BHUM 2US/212N 26 Mar 25 Mar 1 Apr SKI BHUM
      810 words
  • Page 24 Miscellaneous
    • 186 24 [Regional Weather ■s f m ©> 1 V&* i >w fipiipm. ss\ 05 if 4 s</ 1 -T »< •U£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/* Wind direction with speed in knots Wave height One holt fteche represents 5 knots LEGEND: t? T Temperature *q
      186 words

  • Page 25 Advertisements
    • 82 25 NSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDAN6 j. BAHARU lEOSHP SPORE *****8/*****6/*****1/*****3 *****1/4 TERMMAL 3M3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****1/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE l.'liVlii'V.'RHTf tttt HTM iZB EIS PTW nrjj fitw FTf llMiiTim HM ETTTT— Pi ALSO ACCEPT*® FOR: AUTO*, L. HARVE, UK. BRQOI. COPENHAGEN, OSLO ALSO ACCEPT*®
      82 words
    • 240 25 Cheng Lie Navigation Co., Ltd. coNTwn soma to bmgkok/hongkok/tmmm STOW 9U wc KE KM NM LK 504 19/3 1/4 7/4 9/4 11/4 CHUM LK I MS 7/4 11/4 IC/4 11/4 29/4 GENERAL AGENTS (KJL CONTHENTAL FEEDERS PTE. LTD., W* T«l: *****51 Tvtoi RS ***** FEEDERS GOOD HARVEST LINES GOLDEN Minor
      240 words
    • 419 25 LIZENA PTE LTD T«fc 7)*****, *****69 Tatox: R*****1 PROMPT SHIPPING LINE SA. K6ULM MONTHT HO SMS TO MEST AFMCAM POM* n» STOH WMMSMM CMED 12* Apr! POMIUUR. OMDBO. COTONOU. 10ML MDMH CMMMCMO IMk) SMTMCMra TMk Hm fiDCMiaSPm WEN CHANG SPMPWNO A ENTERPRISES PTE LTD >0 ANSON ROAO #27-15, INTERNATIONAL PLAZA.
      419 words

  • Page 26 Advertisements
    • 349 26 Hi EAST ASIA LINE (Malaysian Flag) Regular Untr Swncw Batwaan M'SIA/SVOftE/IMOIA P. Kelang P. Godonq S'pore Ldg for AMAH 29/3 31/3 Bombay •OEM PERTMM 2/4 4/4 6/4 Mafras/ REGULAR lAPAN/STIAITS/IAPAN SOMCES LAMBOR 21/3 26/3 Nag/Kobe/ EAST ASM SWUNG SON. BHD TEL: *****2/36 TLX: MA: ***** JALAL MFBC Ki. Tet *****1/*****0
      349 words
    • 190 26 r /T^T7£T/tv COKTTTtA ?4/3. 4/4 AHT/tOTT EUROPE/FAR EAST LfINER SERVICE 7 Triii IS Ztm (fl*Sm CREST EXPRESS LINES LT NVOCC Service to ond front USA, Conoda, HFAD OFFICE Eor East Europe Competitive Exceßent Service U.SJI IWOPE/UK Competitive Rate* Excellent Service Reliable Schedule I EAST. WEST COAST GULF PORTS VANCOUVER, TORONTO.
      190 words
    • 595 26 C.Y. LINE (A Mtmbtr Of Th« ACE Consortium) CHO VANG SHIPPING CO. LTD FUIT CONTUORCO SERVICE 10 EUMK (VW SUEI) S'pvc P KHu TRM6NOMO WOO ?4M 25/3 CHM CONIUWt TIN ]/4 1,4 KOREAN CHANCE 21W 10/4 1/4 HONGKONG CONHMR 44*1 17/4 15/4 Rd«nFstMM M hut B»«« Antwtfp 15/4 lt/4 11/4
      595 words
    • 832 26 Everett Lines >01 CjKjo KUljuk. *0 ind *H other Priunjn ports with tiansh4pm*nt it Hot* On CPV Ihroujfti Ms ot I to tin* dest.rut.on HUGKVERETT MANOLOEttRETT JOHNTOfTT f Kdanf 23/25 M» 31/2 Apr 1/10 Apr S«i{aporct 26/27 Mar 3/4 Apr 11/13 Apr w "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
      832 words
    • 396 26 ZIM HON-CONFERENCE MDEPEIOENT FULL CONTAMER SERVICE accep car {on to USA East t Nest Coast. Caribbean aid East Canada A KSSEI IZM SAVANNAH A KSSEI HAf A a vessel A VESSEL A VESSEL t(*IO EIPNESS 74 Mai IS Apr Apr 1 Apr 12 Apr M Apr I i Mar 17
      396 words