The Business Times, 21 March 1985
1985-03-21
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The Business Times
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Title Section12 1985-03-21 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, MARCH 21, 1985 60 CENTS12 words
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295 1985-03-21 1 THE MEDISAVE scheme will be extended to private hospitals by the end of this year. And those in government hospitals Ward A can use the Medisave Account to settle 80 per cent of their bill by next month from the current 60 per295 words
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100 1985-03-21 1 THE WORD "cash" is being banished from all government and statutory board bills as a result of current efforts to minimise cash transactions. A circular from the Finance Ministry requested government and statutory boards that such clauses as "Cash payments only may100 words
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Article, Illustration449 1985-03-21 1 Only 10pc of capital scheduled for sale A PRICE TAG of $2.5 billion is expected to be put on Singapore Airlines when its shares are put on the market but the proposals now being studied suggest that the initial issue will be a449 words
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212 1985-03-21 1 BAD BUSINESS has forced a local shipbuilding company to close down its fabrication yard. Uni-france Offshore Engineering (Pte) Ltd last week retrenched about 40 workers, twothirds of its workforce. Those retrenched were fabrication yard workers, said Mr N B Yap, the general manager. He said:212 words
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416 1985-03-21 1 BOEY KIT YIN - By BOEY KIT YIN AMERICAN businessmen in the Asia-Pacific regioi warned yesterday that a trade war could break out becaust of rising protectionism on both sides of the Pacific. The Asia-Pacific Council of American Chambers of Commerce (APCAC) on its part, will416 words
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100 1985-03-21 1 Reuter JAPAN will soon announce new measures to make it easier for foreign companies to sell products on the Japanese market. Norishige Hasegawa, vicechairman of the Federation of Economic Organisations (Keidanren), told Western reporters that previous strong opposition by the Agriculture Ministry toReuter - 100 words
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Article, Illustration101 1985-03-21 1 THE Slagapore stock market closed lower yesterday after a morning rally snccambed to profit-taking In the afternoon. The falls la share prlees came la spite sf a strong rally on Wall Street the night before. Nevertheless, dealers still expect a rebound soon because the market is currently overbought.101 words
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431 1985-03-21 1 ALVIN TAY - By ALVIN TAY IBM SINGAPORE will move o it of its premises at Robina House and Shing Kwan House by September next year to take up a nchor position in the $165 million Hong Leong Plaza. An agreement, signed431 words
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Article98 1985-03-21 1 A SUIT against Wisma Development Pte Ltd for $50,336 has been dismissed by the High Court and the plaintiff, Quantum: FCB Advertising Pte Ltd, ordered to pay costs. Quantum's managing director, Mr Jon Phua Ooi Yong, and the company itself now face a libel suit filed98 words
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391 1985-03-21 1 FOREIGN EXCHANGE dealers in Singapore were startled by the large and sudden plunge of the US dollar yesterday but held on to a general view that this represented a correction after the currency's rapid revaluation in recent months. "We had one of the391 words
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200 1985-03-21 1 THE volatile cash market brought a note of caution on the Simex floor yesterday, but trading in Eurodollar contracts remained at a healthy level. The frenetic activity in international gold markets contrasted sharply with the local scene as Simex gold trading ground to a200 words
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Page 1 Advertisements
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Advertisement105 1985-03-21 1 Tops in Car Audio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD. Singapore: Phone *****22 Kuala Lumpur: Phone *****3/*****0 Penang: Phone *****/***** Jakarta: Phone *****9 Our Great Executive Unwinder is a 6-week fitness package For just $300 you get: 6 relieving spot massages (Shiatsu massage) Fun use of our fitness105 words
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Advertisement207 1985-03-21 1 Privatisation of companies, page 14 \m® SHARE INFORMATION DOONESBURY MONEY EXCHANGES OUR VIEW ONCE again the foreign exchange markets have put a shiver in the dollar, ond the question of whether this is the beginning of the end is raised. All that appears to have changed is the perception of207 words
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Advertisement0 1985-03-21 1 \;_}'[]"+[@/*'^:;$)_[$<}~+-`;=?0 words
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Advertisement134 1985-03-21 1 Rodenstoch Quality before your eyes it Someone likeWilkhahn Every modern office has a niche for i someone like Wilkhahn. Sturdy and I precision engineered in West Germany, m Wilkhahns efficiency in seating comfort J can be applied to a variety of seating requirements. From the VDU work station and Mk134 words
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Page 2 Advertisements
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Advertisement96 1985-03-21 2 Computers and Communications the opening of a new era in office productivity m r The newest membei of NEC's global family, NEC Business Systems (Singapore) Pte. Ltxi. supplies businesses with key telephones, facsimiles and PABX's from NEC, the world leader in integrating Computers and Communications. C&C business systems is from96 words
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HOME NEWS
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Article, Illustration365 1985-03-21 3 LISA LEE - By LISA LEE WESTIN STAMFORD, the world's tallest hotel, is reaching its summit and will be officially topped out on Saturday. Although work was hampered by delays in steel delivery and design changes late last year, construction of the 73- storey building at the365 words
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426 1985-03-21 3 COMPANIES making claims on the Singapore Reinsurance Corporation will get their money three times faster once its new computer is up and running, the company said yesterday. Announcing a H million investment in a Hewlett-Packard business computer, Singapore Re said the426 words
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200 1985-03-21 3 BOULEVARD HOTEL has Invested more than half a million dollars in a computer system for its front and back office operations. The hotel has installed a Nixdorf computer worth $500,000 which runs on a Nixdorf-designed software package known as RIO (Reservations, check-in, check-out). The200 words
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Article67 1985-03-21 3 THE NATIONAL Productivity Board and the Singapore Manufacturers' Association are Jointly organising a Productivity Promotion through Participation (3Ps) programme today. It will be open to senior company executives of SMA member companies. The objectives of the presentation are to familiarise managers with the 3Ps concept and to use67 words
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Article89 1985-03-21 3 THE Department of Extramural Studies of the National University of Singapore will hold a 12-session course on An Introduction to Design Study every Saturday commencing March 25. Students doing art and architecture, teachers of art and craft, and anyone interested in art and design will benefit from89 words
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327 1985-03-21 3 CARNATION'S marketing office in Singapore has been absorbed into Nestle Singapore as a result of the world's biggest nonoil takeover worth US$3 billion by the Swiss foods giant late last year. But managing director of Nestle Singapore, Mr James T Watson, said: "There has been327 words
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404 1985-03-21 3 JEFFREY TSANG - Rationale of thrust into high-technology should be publicised By JEFFREY TSANG THE PUBLIC needs better understanding of the government's rationale in its thrust to develop Singapore into a centre for high technology industries. Professor Henri-Claude de Bettignies, a director at the European Institute404 words
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359 1985-03-21 3 LOCAL COMPUTER and construction companies are showing more interest in bringing their wares to the China market as the pace for space-bookings at two exhibitions picks up. Computer and Construction China '85 has attracted about 14 local companies which have booked 25359 words
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Article117 1985-03-21 3 EDWARD DE BONO, the pioneer and leading authority in the field of creative thinking, will conduct two seminars organised by the Singapore Institute of Management next week at Shangri-La Hotel. "Creativity and Lateral Thinking" will be held next Monday (March 25). This seminar is designed primarily117 words
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154 1985-03-21 3 BRITISH AIRWAYS is sponsoring a new literary award for the best poems from nationals of the 49 Commonwealth countries. The Commonwealth Poetry Prize 1966 is expected to help in the development of the arts in Singapore and create a valuable opportunity for local poets.154 words
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Page 3 Advertisements
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Advertisement22 1985-03-21 3 (A) The Penguin Dictionary of Modern Quotations—a wonderful book to read in the 100, In a traffic jam, before you fall asleep.22 words
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Advertisement149 1985-03-21 3 5 L 0 pr > J > :< ■z r* m f ~V AMERICA'S MAIRUNE ACROSS THE PACIFIC m, sjj u V 9B V r>;' What you see is a portrait of an American leader. After connecting with Northwest Orient at Hong Kong, Taipei, Manila, Seoul or Tokyo, you can149 words
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Page 4 Advertisements
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Advertisement309 1985-03-21 4 M It) -v.." > .as 3f > v U*r •S&'A' PCsa v.T-a: •ir% ■*-sm^rrnt u* s ■'•^m** THWSUTHE MARCO POLO WILL GIVE UTHE FECOGNITION. <>••••.- «v w There's only one way to do busi less in Tawau, Sabah, whether you're here for a day or a week. You have to309 words
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OVERSEAS
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323 1985-03-21 5 AFP VIETNAMESE Foreign Minister Nguyen Co Thach has said Hanoi is ready to normalise ties with Beijing even as Vietnam reported fresh Chinese attacks on the two countries' border. Mr Thach, speaking at a banquet in honour of his Mongolian counterpart, Mangalyn Dungersuren,AFP - 323 words
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Article268 1985-03-21 5 AFP THE POLISH authorities have opened a "vigorous investigation" into the kidnap and torture in Krakow of French bookseller Frederic Castaing. Polish government spokesman Jerry Urban said in Warsaw on Tuesday that allegations in the French press that the kidnapping was carried out by Polish policeAFP - 268 words
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Article169 1985-03-21 5 Bernama PENINSULAR Malaysia's consumer price index, which measures the expenditure pattern of the average household, was stable in January. According to the Statistics Department yesterday, this was because of the offsetting movements in the indices of various goods and services. Prices of about 430 items, obtainedBernama - 169 words
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Article754 1985-03-21 5 ARRIVALS Operator S«o«« number Local tuvt* From PAA PAS 0155 JFK/SFO/HKG LUFT LH688R 0250 FRA/DXB MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN R8A ***** 1000 BWN S1A SQI03 1005 KUL AC AC858 1015 YYZ/LHR/ BOM CPA CX710 1030754 words
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205 1985-03-21 5 AFP ABOUT 1,300 foreigners left Teheran on Tuesday on the last flights out before a 1700 GMT deadline, after which Iraq has warned that no airliner in Iranian airspace would be safe from attack. Amid widespread confusion, a tense crowd packed into TeheranAFP - 205 words
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339 1985-03-21 5 Reuter OPEC MINISTERS attending a special committee meeting said they were happy with a new scheme to control oil supply, which is intended to stop overproduction and bolster fragile world prices. The Opec ministerial executive council met for three hours on Tuesday toReuter - 339 words
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411 1985-03-21 5 AFP RIOTING AND ARSON rocked Ahmedabad again yesterday in Hindu caste violence, as the death toll rose to at least eight and troops had orders to shoot troublemakers on sight. Press reports from New Delhi said that a crowd hacked off both arms ofAFP - 411 words
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600 1985-03-21 6 FT MR NIGEL LAWSON, Britain's Chancellor of the Exchequer, has brought in a budget for the 1965-86 financial year which he said is designed to continue the country's fight against inflation and attack "the sourge of unemployment". Describing it as "my budget for jobs,"FT - 600 words
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Article247 1985-03-21 6 UPI THE MANAGER and assistant manager of the Cartier Jewellery store in New York have been arrested and charged with helping customers avoid taxes on purchases. The State Attorney General's office said in New York on Tuesday Cartier International Inc was indicted with the two storeUPI - 247 words
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164 1985-03-21 6 AP US TEXTILE and apparel industries, America's single largest manufacturing sector, are threatened by low-priced subsidised imports, more than 100 members of Congress yesterday said in introducing a bill to impose tight quotas. Importers, joined by consumer and retail groups, immediately attacked theAP - 164 words
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Article, Illustration251 1985-03-21 6 Reuter THE US does not fear China's moves to improve ties with Moscow and does not expect a major Chinese invasion of Vietnam. US Under-Secretary of State Michael Armacost, who is in Beijing for foreign policy talks with Chinese Foreign Minister Wu XueqianReuter; Reuter photo - 251 words
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Article261 1985-03-21 6 Reuter THE 10-NATION European Economic Community has called for a new Gatt round of multilateral trade negotiations but said they should parallel discussions on wider monetary and financial problems. EEC trade ministers ended a day's wrangling on Tuesday by backing a call from theReuter - 261 words
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218 1985-03-21 6 AP THREE SENIOR Taiwanese military intelligence officials, implicated in the murder of a Chinese-American writer in California, have denied ordering gangsters to carry out the killing. Vice—Admiral Wong ShiLing, 57, head of the Taiwan Defence Ministry's intelligence bureau; his deputy, Major-General Hu Yi-Min, 50; andAP - 218 words
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Page 5 Advertisements
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Advertisement32 1985-03-21 5 W1 ¥W Pan \m Is I Ivini; f rom Singapore I n I long kong I ok\ o, IDs Aniieles, I lonolulu, San 1 ranciseo New ork For Updated Information, Call *****132 words
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Advertisement34 1985-03-21 5 I 4 r J t '<9/uti (?AM.fcfc/$ 4/6 > Mi/t.... A*w#*b(ii djftis/(MACLX*-P AA IMA*7*5 THE PAVILION INTER? CONTINENTAL SINGAPORE THE ADVANTAGE IS INTER CONTINENTAL THE PAVILION INTER CONTINENTAL 1 ROAD, SINGAPORE 1024. TEL: 733 888834 words
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Page 6 Advertisements
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Advertisement162 1985-03-21 6 If you want a copy of something you see on T Whether it's being televised, or playing on the VCR. A page of SBCTEXT. Or something on the monitor of a computer with 40 column display. Perhaps even direct from a video camera. The Mitsubishi Video Printer plugs in to162 words
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Page 6 Miscellaneous
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Miscellaneous62 1985-03-21 6 Doonesbury isnncANJßeu&err.excßPT FOR PRINCE NOT 9mm rrmrr OFF WITHOUT Q IN ALL MY YEARS IN THIS Business, I've never S66N SUCH GBNEROSTTY ANP COOPERATION BETWEEN MAJOR ARTISTS! m w m «w m A BY GARRY TRUDEAU m ITS PRINCE. HE SAYS HE'LL POUNOW IF YOU CUT OUT MICHAEL jAcxsoNSfmrs speaking62 words
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BANKING AND FINANCE
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Article828 1985-03-21 7 SINGAPORE The US dollar closed lower against major European currencies but firmer against the yen, after fluctuating widely throughout the day in active but nervous trading. The dollar traded between a high of 3.2715 marks and a low of 3.1875 before closing at 3.2250/2300, down compared with New828 words
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Article200 1985-03-21 7 HONGKONG: The metal rose sharply in the last 30 minutes of trading yesterday on a wave of short-covering. It climbed US$6.OO in the period to close at $344.00/347.00 an ounce, compared with New York's $339.00/50 close and the previous $302.60/303.00 finish here. On the local market, gold rose $395200 words
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Article126 1985-03-21 7 THE OVERNIGHT rate on the Singapore interbank money market fell by 1/8point from Tuesday to close at 6 1/2 per cent yesterday. The one-month term rate fell by 1/16-point, the two-month remained unchanged, and the threemonth rose by 1/8-point. mi nterbank rotes at ipm yesterday: OH«r M Ow«r126 words
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Article53 1985-03-21 7 THE Monetary Authority of Singapore has invited banks and discount houses to tender for $140 million of 91-day Treasury bills to be issued at the option of the tenderer from March 25 to March 29. Each tender must not be less than $250,000. Last day of tender will53 words
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Article, Illustration288 1985-03-21 7 Asian market ASIAN dollar period deposit rates opened softer in thin trading yesterday after news of a larger-than-expected 11 per cent fall in US February housing starts and concern about the problems of Ohio thrift institutions. One month eased Vfc to 8H 8V«, three months 3/16 to 9"4 9 and288 words
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Article241 1985-03-21 7 Interbank rates at 3pm yesterday: CUfTtfldM Motninfl 1 rate* •mtthoonlan Quoted jr. Mtcrdly crooa parity change Locol dollars to on« unit of foreign currency US dolor ***** 2 2530 2.8196 -20 17 Sterling pound 2.6156 2 6224 7 3469 -64 40 Australian dollar 1 5802 1 5838 *****241 words
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Article306 1985-03-21 7 BA Futures Inc BOLSTERED by bullish fundamentals, Eurodollar futures gapped up from CME's level. The June contract opened at 89.40 and was quickly traded up before meeting resistance at 89.50. It closed at 89.44. Currency futures opened sharply higher due to the dollar's fall. June D-mark opened with aBA Futures Inc - 306 words
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296 1985-03-21 7 Reuter OHIO'S Governor says Washington has promised quick action to help restore confidence in the state's savings banks following a run by depositors that has hit the US dollar on world currency markets. Governor Richard Celeste said on Tuesday night that federalReuter - 296 words
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128 1985-03-21 7 Reuter PRIVATELY-INSURED thrift institutions in Pennsylvania and North Carolina are experiencing no difficulties and no special withdrawals, officials in those states say. Sandra Dunkelberger, press secretary for the Pennsylvania Department of Banking, said: "If anything, the larger ones had an increase inReuter - 128 words
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Article71 1985-03-21 7 A ONE-DAY seminar on "Credit Risk Identification and Analysis" will be held at Pavilion Intercontinental Singapore on April 24. The speakers for the seminar, which is organised by Datasearch Resources, are Mr Christo- pher Emerson, corporate banking director of Barclays Bank; Mr Edwin Yip, manager (business71 words
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Page 7 Advertisements
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Advertisement216 1985-03-21 7 Introducing The Definitive Personal Credit Instrument J.~- jL a J g,hff M* The Premier Card from Bank of America, more than an defines authority and prestige. Because it immediately individual of high financial credentials. With a minimun $10,000, you can travel, shop, dine and wine in style an* confidence. Cash216 words
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FEATURES
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Article494 1985-03-21 8 FUNNY THINGS, markets. Facts that have been obvious, commentated on, warned about, and even feared have no apparent effect on sentiment for months. And then suddenly, they do, and everyone asks "What happened?" Experts start looking for explanations for sudden movements, even though the explanations494 words
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Article, Illustration853 1985-03-21 8 AFP JAPANESE COMPANIES are scaring the pants off a lot of West Europeans, owing to their high investment in Spain. This penetration would not matter too much if Spain, along with Portugal, were not scheduled to enter the European Economic Community (EEC) in nine months' time.AFP - 853 words
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755 1985-03-21 8 DAVID GABRIEL - By DAVID GABRIEL THE PRIVATISATION of state owned enterprises in Thailand is becoming an emotive issue which threatens to drive a wedge between the government and the labour movement. The Thai government has stated that it wishes to divest itself of unprofitable755 words
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Page 8 Advertisements
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Advertisement114 1985-03-21 8 Explore the powers of your personal computer make your computer really work for you with 'Everyone's Guide to Basic'. This easy-to-understand book explains the uses of the essential commands in the BASIC language. You'll see how BASIC commands work together in simple, practical computer programmes. v- 111 Times S U114 words
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Advertisement21 1985-03-21 8 v-sO" o 4* A 1 V Z#. Available only at all m m T )n¥ w GOOd Bookshops I Li IMsirilmturs21 words
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Advertisement314 1985-03-21 8 If' jwlii4»v Mandarin Malay Japanese French German Arabic Or any of Linguaphone's other 294 language courses? No language will be too difficult for you because Linguaphone's success-proven method lets you learn a new language at home. Or at any other place. At your own convenience and pace. Linguaphone are pioneers314 words
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Page 8 Miscellaneous
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Miscellaneous46 1985-03-21 8 mi iu it i Wr** 19 Snoop (3) 20 Listening organ (3 21 Old treasure-ship < 22 High baN (3) 23 Fast gait (6) 24 Night birds (4) 25 Became day (6) 26 Bend (5) 27 Lift (5) 28 Hawaiian garland 30 Friend (4) essel tax? (3)46 words
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SPORTS
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Article, Illustration694 1985-03-21 9 WALTON MORAIS - By WALTON MORAIS WHILE Bill Fung propped up the local challenge, tournament favourite Chen Tze Ming grabbed a one-stroke lead in the Rolex Masters golf championship at Bukit yesterday. The Taiwanese, playing flawless golf, picked up three birdies in a 68 round to lead694 words
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276 1985-03-21 9 Agencies ENGLAND and Scotland are among the eight teams seeded in the new million-dollar Dunhill Cup team golf championship at St Andrews, Scotland, from Oct 17-20. The other six teams that do not have to pre-qualify are Australia, Canada, China-Taipei, Japan, Spain and theAgencies - 276 words
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Article, Illustration305 1985-03-21 9 AFP LAN BOTHAM, given the all clear by Somerset to carry on as it| captain, has said he is "totally opposed to the use of drugs by any sportsman". Four days after escaping disciplinary action from theAFP - 305 words
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167 1985-03-21 9 AFP STEVE BADDELEY has turned to swimming to boost his hopes of playing in the men's singles at the All-England badminton championships which started at Wembley yesterday. The London-based left-hand-er, England's main hope for success, twisted an ankle at the Danish Open 10 daysAFP - 167 words
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285 1985-03-21 9 AP THE BRITISH Olympic Association announced on Tuesday it is seeking bids to stage the 1992 Summer Olympic Games and said at least one British city was likely to come forward. After a meeting in London, the BOA said it would "encourageAP - 285 words
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Article, Illustration412 1985-03-21 9 AFP YOUNG AUSTRALIAN tennis star Pat Cash believes he has found the secret of the success of Sweden's army of top level players. They gain their early tournament experience on European clay courts, and Cash believes this gives them a better groundingAFP - 412 words
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Page 9 Advertisements
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Advertisement9 1985-03-21 9 L-lEIP understands women WORLDkJ as n0 er magazine does9 words
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Page 9 Miscellaneous
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Miscellaneous995 1985-03-21 9 w mud HIGHLIGHTS Thursday Feature Special The Boys From Brazil 10.35 pm, Channel 5 Dr Josef Mengele, a Nazi war criminal and once Hitler's doctor, now lives in Brazil and plans a Fourth Reich which he hopes can be created utilising some experiments he worked on while at a prison995 words
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INTERNATIONAL STOCKS
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518 1985-03-21 10 Reuter THE PLANS of Capital Cities Communications Inc for a US$3.5 billion merger with American Broadcasting Cos Inc exposes the undervalued US broadcasting companies to a potential spate of mergers and takeovers, analysts say. The three networks CBS Inc, RCA Corp's NBC unit andReuter - 518 words
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313 1985-03-21 10 Reuter WALL STREET share prices surged on Tuesday as institutional investors moved into the market to buy on speculation that inflation would soon force share prices higher. The Dow Jones Industrial Average rose by 21.42 points to 1,271.09. Gaining issues led declines by 1,040Reuter - 313 words
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Article136 1985-03-21 10 ua| in a Hud Boy Mo |m> CM inco Te* 1 Abrtitx 54 kit Prov H* :*>* Ale on 37* 1* MUI 23** AJgomo 21* K*rr A<k I Argoon HkJg» Lototaw 11 18* Bo)* Moot 26* Mauay Firg Bank Nova Scotia Me Btod il 25* M Canada 39* Mohon136 words
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Article220 1985-03-21 10 uia ,o J i/. Uiimc 470 +5 MAR 19 Raad Wootwo1h 1280 *5 INDUSTRIALS MININGS fjl 8 T 2300 +40 irSSTri 675B Anjvoo 6650B uneh 7 5 ByTOO n 1625 25 2200 +25 *3mT 7400 200 $90 >20 Chart» 430 +10 C C Vi«th 2050 uneh Con» M 1090220 words
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Article726 1985-03-21 10 MAR 19 US$ AJcan Almwt 27* 1 Alcoa 34* 1* Lud 26* unch Afced Chem Cp 38* Afced Stores 55* 1* AJn-Chalmers 7* Am Brandt Inc 67* Am Broodcast Am Can Co 51* 1* Am Cyanarrvd 52* 1 Am Elec Pwr 20* unch Am Express 42 1* Am726 words
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Article945 1985-03-21 10 Amsterdam MAI 19 Fk ABN 397 00 -2 5 Aegon 182 50 -5 5 Aho*d 225 00 -1 5 Akio H1 20 -2 1 AMEV 218 30 -0 2 Amfoi 74 60 -0 3 B«rtc 53 50 -0 5 Boh ***** unch 348 00 i«h 88 20 -0945 words
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Page 10 Advertisements
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Advertisement310 1985-03-21 10 3 i Is tc.9 m coffee house We re-create epicurean delights from the Nonyas c f Malacca just for you. Come and be captivated by our sumptuous Nonya Buffet Lunch every Thursday for only $1600-1 firt Ka*S r <«AJK x+M*"tSCI *MM- ft#t C^ui^Ksi. Tl U. hIISIN > iXINCH WITH A310 words
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Advertisement144 1985-03-21 10 London stocks, Page 15 am V I^' n Lounge Sip a glass of the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with versatile quartet, Body N Soul from Philippines. They'll captivate youl Happy floures Bpm 7pm. 25* off o« all144 words
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ASIAN STOCKS
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Article362 1985-03-21 11 HONGKONG: Shares closed slightly higher yesterday in relatively quiet trading as investors continued to adopt a wait-and-see attitude. The Hang Seng Index rose 11.59 to 1,312.56. Volume was HKJ133.74 million for the half-day session compared with $171.09 million for Tuesday's full-day session. Cheung Kong rose 20 cents to $13.00,362 words
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Article224 1985-03-21 11 MA* 20 Al Sincere InAjs NT 4 37 0 05 Kuochan Dev Lien Hwa hvkis Nan Y a Plas 15 80 -0 1 12.60 025 2830 -01 2090 -07 Asm Cement 24 80 25 00 -0.5 unch Pacific Elect 17 30 -0.1 Chong Hwa Bank Chen Loong 52 00224 words
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Article389 1985-03-21 11 TOKYO: Share prices rose to a record high yesterday thanks to a firming yen and higher gold prices, closing at 12,541.37, up 63.38 from Tuesday's close. The average earlier touched an even higher 12,555.50 and the market trading volume was 450 million shares against 310 million on Tuesday. Its389 words
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Article175 1985-03-21 11 MANILA: Shire prices closed generally higher in quiet trading yesterday. The Commercial A Industrial Index rose 1.11 to 129.42, the Mining Index 8.03 o 705.13 and the Oils Index 0.018 to 9.620. Atlas Con B rose to 20 pesos from 19, Lepanto B to 0.043 from 0.042 and Phi175 words
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Article404 1985-03-21 11 SYDNEY: Strong support for gold and base metal stocks pushed the share markets to a record high yesterday after a sharp rise in international bullion prices. The All Ordinaries Index rose 8.9 to a record 802.9. The All Industrials Index rose 3.9 to 1170.9 and the All Resources Index404 words
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Article159 1985-03-21 11 BANGKOK: Stocks closed higher in moderate hading yesterday. The Book Qub Index rose 0.47 point to 129.00 and gains led losses by four to three. Turnover stood at 1.1 million shires worth 96.2 million baht con pared to Tuesday's 5.1 million wo ih 168.7 million. MAR 20 Mm Swm159 words
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Article78 1985-03-21 11 MAR 20 Won unch -4 -5 -5 +2 -4 -13 +5 1 Hyundoi Const Hyundai Motor KAL 901 580 650 unch unch -10 615 Commercial Bk 620 Korea Oi Korea S»*p 1781 352 18 2 Ooawoo Corp Ootwoo Ind Dong Ah GoldStar Hand Bk 432 533 Lucky Ltd Samsung78 words
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Article59 1985-03-21 11 Reuter MICHIO TAKEUCHI, president of the Tokyo Stock Exchange (TSE), has said the exchange will study the possibility of a British Telecom PLC (BT) share listing. He gave no further details. Exchange officials in charge of new listings later said they had not been toldReuter - 59 words
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Article419 1985-03-21 11 Reuter THE COLLAPSE of South Korea's giant Kukje group has seriously hit the economy of the country's biggest port and second largest city, Pusan, causing major problems for hundreds of companies. Businessmen say many financial transactions have been frozen and an-ti-government sentiment inReuter - 419 words
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Article257 1985-03-21 11 Reuter THE 367 Japanese companies whose business year ends on March 31 and which are listed on the first section of the Tokyo Stock Exchange are expected to report an average of 23.5 per cent rise in current profit in 1984/85. A Nomura Research Inc surveyReuter - 257 words
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65 1985-03-21 11 Reuter BEATRICE COS INC has signed an agreement with the China International Trust and Investment Corp to form a joint venture company, Beatrice-Citic Development Co. Beatrice said the deal covers a variety of food and consumer products and allows the two companies to engageReuter - 65 words
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Page 11 Advertisements
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Advertisement491 1985-03-21 11 *ws <$d! -4 HI »a*> f; s 3 Z i* a x For delightful dinners with popular local flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going. Buffet Dinner is at Ssl4.oo++ per person. The Luna491 words
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Advertisement139 1985-03-21 11 Jacks Plate the unchallenged steakhouse in town Come try our Fillet Steaks -all air-flown from New Zealand w dJL HOTEL MIRAMAR Tel: *****01 Yen San BMg. #101-00 TH: *****61 KiHtney Road Tel *****28 Bra Basah Cample*. Tel: *****52 Ang Mo Kio Centre. Tel *****77 5 Ml w jr Buffet Luncheon139 words
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RAW MATERIALS
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Article153 1985-03-21 12 Chines* Produce Exchange (Solvit' noon tloiwii} pne« 0« lor 20 SS/100 k 9 Coconut oil Bulk FOB 155 00 Old drum F08 168 00 N«» drum FOB 172 00 Copra Mixed (1oo*e) 85 buret* Pepper Muntok White FOB NLW 745 00 Sarawak. White FO0 toq NLW 735 00153 words
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Article162 1985-03-21 12 MALAYSIAN crude palm oil prices closed slightly firmer in thin trading yesterday on light covering and speculative buying, supported by Pakistan retendering for further RBD palm oil and a higher Chicago soy complex close. March deliveries in the north and south regions rose M 57.50 to $1,335 per162 words
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Article67 1985-03-21 12 THE KLTM price held at the ITA floor-level of M 529.15 per kg yesterday. The Arming of sterling against the ringgit led to a discount of £15# per tonne against a premium of £1M on Tuesday. Turnover rose to 19C tonnes from IC7 and included 3t per cent67 words
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Article160 1985-03-21 12 Yarn (In HK$ per bote of 400 lb) China carded yarn, cones Blue Phoer*x 16'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 2l's 3,000 Combed yarn, cones Blue Phoenix 32's 4,350 Blue Phoenix 40's 4,500 Open-end yarn 2,450160 words
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Article180 1985-03-21 12 SINGAPORE The r iarket closed higher yesteiday with April One RSS b iiyers quoted at 168.00 cents per kg, up 3.75 cents from Tuesday. The morning session gaine<l three cents on buying irterest and short-cov-ering in moderate trading. Prices gained further groun 1 in the afternoon on contirued buying180 words
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Article344 1985-03-21 12 RaS prices mi S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt Int h RSS Apr 85 166 00 167 OON 167 00 168 OON 166 75 167 25 168 00 168 25 Int N RSS May 85 171 00 171344 words
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Article83 1985-03-21 12 WHEAT futures on the Chicago Board of Trade closed 4*4 to I' 2 US cents a bushel higher in moderately active but thin trade on Tuesday, climbing after midsession on continued weakness in the US dollar. Stotler and Merrill Lynch bought March, while L D Commodity bought May. Corn83 words
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Article286 1985-03-21 12 Singapore (SS'krfo. e< eodowft) Fragrant new crop Iv 0 66 2nd 0 65 3rd 060 Npw CIOV 25"». no stock 10% no stock Thoi Broken A >up*i 056 sp«<>y 055 Thai Rice 55* no Mock China Rice 10* 0 87 15* no slock 25* no stock 35* no stock286 words
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Article182 1985-03-21 12 SURGING precious metals prices and a weak dollar sent prices of soybean futures on the Chicago Board of Trade soaring in hectic trade after midsession to close 11'4 to 15 1 4 US cents a bushel higher. May closed up 11 1 4 cents at $6.09. Sharp gains in182 words
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Article105 1985-03-21 12 (cents/kg, 1-ton pollets) APRIL 35 MAY 85 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 171 00 I7300N 172 00 *****N SSR 50 168 00 170 00N 170 00 172 00N MRELB Buyers Sellers Buyers Sellers SMR CV ***** ***** ***** 219105 words
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Article367 1985-03-21 12 COFFEE Robusta futures on Tuesday afternoon saw further losses on selling tied to the dollar's deterioration against major currencies. Contracts skidded £55 to £80. May settled off £67 at £2,332 a tonne, and July dropped £77 to end at £2,356. SUGAR Raw sugar futures were well maintained in367 words
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Page 12 Advertisements
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Advertisement236 1985-03-21 12 Malayan United Industrii (Incorporated in Malaysia) Berhad The Directors of Malayan United Industries Berhad are pleased to make the following announcement UNAUDITED RESULTS FOR THE YEAR ENDED 31ST DECEMBER 1984 GROUI COMPANY 11. CURRENT YEAR'S PROSPECTS Barring unforeseen circumstances, the Directors are confident that in 1985 the Group should be236 words
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Advertisement262 1985-03-21 12 Malayan United Manufacturing Berhad (Incorporated in Malaysia) The Directors of Malayan United Manufacturing Berhad are pleased to make the following announcement:UNAUDITED RESULTS FOR THE YEAR ENDED 31ST DECEMBER 1984 GROUP 1984 1983 COMPANY 1984 1983 Gross Revenue Ms'ooo Ms'ooo Ms'ooo Ms'ooo 27,487 154,704 14,179 83,528 11. CURRENT YEAR'S PROSPECTS In262 words
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SHARE INFORMATION
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Article, Illustration4330 1985-03-21 13 AFTER a promising start yesterday, the Singapore stock market faltered on profit-taking and subsequently closed mixed. The major indices closed lower after edging upwards in the morning. The BT Composite Index fell 1.21 points to 746.34 while the Straits Times Industrial Index dropped4,330 words
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Article267 1985-03-21 13 SINGAPORE Rises Indices Kentucky Spore 450 C 1 Holdings 200 A Enterprises 422 Vox Dor Moot 214 Ambosaodor 640 C A C 388 M Cobles 452 ICS 680 D S 625 1 C 590 Gentings 570 Sim Lin 230 Falls 40 28 14 12 10 8 6267 words
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Article3540 1985-03-21 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".3,540 words
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Page 13 Advertisements
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Advertisement13 1985-03-21 13 KL market report and Business done on the KLSE See pege 14 V13 words
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COMPANY NEWS
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Article, Illustration891 1985-03-21 14 LORETTA McLAUGHLAN - Privatisation of government companies By LORETTA McLAUGHLAN HIGH POWERED, low profile Temasek Holdings, the government's chief investment company, has been playing an active if quiet role in almost every segment of Singapore life for the past 10 years. But it is now preparing for change. After891 words
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525 1985-03-21 14 HATIBUDI Sdn Bhd, the bumiputra company which is acquiring a 33.3 per cent stake in United Engineers Malaysia Bhd (UEM), has no intention of making a general offer for the rest of the UEM shares. UEM said that under Clause 5525 words
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Article273 1985-03-21 14 THE KUALA LUMPUR stock market closed on an easier note yesterday in dull and listless trading. Some situational issues, however, went against the general trend to record small gains. Otherwise, most stocks finished lower on lack of interest. The market opened higher in line273 words
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Article2437 1985-03-21 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 lota of 1,000 units unless otherwise specified. MDUS TRIALS Ajmomoto (3.705) A Choc (2.705) AMD (3.385) (5)2,437 words
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Article207 1985-03-21 14 Managers' prices for March *1 MARA-Bumiputra First B'putro 5.74 5.79 Second B'putro 4.94 4.99 Singapore Unit Trust Th« Commerce 2.23 2.37 The Savings Fund 155*164 S'pore Prog Fund 0.94 1 00 S'pore Sec Fund 1.40 1.48 S'pore btvest Fund 0.95 1.01 Third B'putro Fourth B'putro Firth B'putro Sixth207 words
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Article94 1985-03-21 14 HONGKONG Hong Seng Index Wednesday 1312.56 Tuesday 1303.47 Week ago 1335.82 Australian Industrials Wednesday 1170.6 Tuesday 1167.0 Week ogo 1164.3 NEW YORK TOKYO Tokyo Dow Jones Dow Jones Tuesday 1271.09 Monday 1249.67 Week ago 1271.75 Wednesday ******.37 Tuesday *****.99 Week ago *****.26 Standard Poors Tuesday 179.54 Monday 176.8894 words
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Article137 1985-03-21 14 SAMANDA HOLDINGS Berhad: Thirteenth AGM at 4th Floor, Wisma Stephens, Jalan Raja Chulan, Kuala Lumpur, Malaysia on Mar 22 at 11.30 am. THE WILKINSON PROCESS RUBBER C«mpaay Berhad: Fifty-third AGM at 70, Jalan Ampang, Kuala Lumpur on Mar 26 at 2.30 pm. VAN DER HORST Limited: Eleventh AGM137 words
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582 1985-03-21 15 Bernama THE MALAYSIAN government will be more selective in approving new listings at the Kuala Lumpur Stock Exchange in future. KLSE chairman Abdul Razak Sheikh Mahmood indicated yesterday that priority for new listings would probably be given to export-oriented industries and consumer manufacturingBernama - 582 words
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290 1985-03-21 15 HOTEL AND PROPERTY group Faber Merlin has disclosed that its overseas hotel operations incurred a substantial loss of M 57.94 million for the six months ended Dec 31, 1964 and that the loss was mainly responsible for the group's dismal performance. In its reply290 words
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Article215 1985-03-21 15 Reuter PROPOSALS from the London stock exchange's ruling council would allow 100 per cent outside ownership of member firms from March next year, on the assumption that negotiated commissions are introduced the following October. A paper outlining the council's proposed new membership rules and constitution said dual capacity,Reuter - 215 words
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Latest
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55 1985-03-21 15 Pre-tax profits for the half-year ended Sep 30, 1984 were lower at M 5236,999 ($251,144). Directors said the outlook for the second half would not be so encouraging. They expect profit to be slightly lower because of low rubber prices and production as replanting for55 words
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542 1985-03-21 15 NAJEEB JARHOM - Profits well ahead of forecast By NAJEEB JARHOM HWA HONG CORP Ltd's bold diversification into construction and warehousing has paid off handsomely, judging by the record group pre-tax profits of $8.39 million made last year, well-ahead of its forecast $6.3 million. Hwa Hong's 1984542 words
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Article89 1985-03-21 15 MALAYSTAN RESOURCES Csrpormtisn Bhd will not proceed with the proposed acquisition of Happy Jaya Sdn Bhd as the sale and purchase agreement has lapsed. GENERAL SECURITIES Investments Ltd's unaudited consolidated net tangible assets backing per share as at Feb 28 was $1.84. VAN DER HORST Ltd said the89 words
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Article1145 1985-03-21 15 STDCK PRICES opened mi. ted in dull trading yesterday, with Tuesday's Budget seen as broadly neutral for equities. At noon, the FT-30 inde:: was down 1.4 points at 99( .1 while the FTSE-100 incex fell 1.7 to 1302.8. Government bonds rose up to H in fairly active tra1,145 words
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315 1985-03-21 15 GROWTH at Petaling Garden Bhd, one of the biggest property groups in Kuala Lumpur, has slowed down. But an unchanged dividend payout of 18 per cent gross for the year has been declared for shareholders. For the year to end-Decem-ber 1984, consolidated pre-tax profits315 words
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Page 14 Advertisements
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Advertisement475 1985-03-21 14 MULPHA (SINGAPORE) LIMITED Hfcgfl (Incorporated in the Republic of Singapore) PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 1984 The audited results for 1984 and the previous year after provision for depreciation of fixed assets of $1,067,000 (1983 $1,242,000) are summarised below:Group Company 1964 1963 1964 1961 $000475 words
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Page 15 Advertisements
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Advertisement15 1985-03-21 15 On ietMi I 1 I UjiU ;JK:»T The World's No.l Newsmagazine Read TIME and understand.15 words
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Advertisement641 1985-03-21 15 mHWA HONG CORPORATION LIMITED (Formerly known as Hwa Hong Manufacturing Company Limited) (lMwrpmtod la the Repabttc «f SU*»pMr) ANNOUNCEMENT The Board of Directors ot Hwa Hong Corporation Limited wish to make the following announcement: t. (a) Turnover (b) Investment and other Income excluding Extraordinary Items 2. (a) Profit before taxation,641 words
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YESTERDAY IN PARLIAMENT
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570 1985-03-21 16 SUBSIDIES on public flats will be shown to increase although at little or no extra cost to the government when the Housing and Development Board implements its long-awaited "true cost" accounting system next month. To switch to the new system, the HDB570 words
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793 1985-03-21 16 "THE HDB is looking into it," was one of two phrases repeated often by Mr Teh Cheang Wan in Parliament yesterday as he responded to scores of complaints and suggestions about the Housing and Development Board. His other favourite phrase, which brought loud793 words
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220 1985-03-21 16 MR JB JEYARETNAM (Anson) sparked a brisk exchange with the three ministers when he asked questions about voting habits in the army. Quoting an army psychologist who said soldiers had "quite an irrational fear" about voting against the government, he asked if the government220 words
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367 1985-03-21 16 THE Ministry of Defence does not "throw money away". Neither is it in the business of buying the cheapest for the most returns. Brigadier-General (Res) Lee Hsien Loong, speaking as Minister of State for Defence, explained Mindef's spending and operational decisions in response367 words
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Article28 1985-03-21 16 THE REQUIRED annual renewal of the check-off system, which allows unions to deduct membership dues each month from union members, has been extended to two years.28 words
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356 1985-03-21 16 BOEY KIT YIN - By BOEY KIT YIN FACTORY OWNERS are looking to tie government for possible rebates on property tax and a more flexible attitude to the renewal of land leases from the Jurong Town Corwration (JTC). "hey said that although the JTC rental cuts was356 words
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282 1985-03-21 16 Reuter PRDPOSALS from the London Sto:k Exchange's ruling council would allow 100 per cent outside ownership of member companies from March 1986, on the assumptior that negotiated commissions are introduced the following October A paper outlining the council's proposed new membership rules andReuter - 282 words
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382 1985-03-21 16 AMY BALAN - By AMY BALAN THE GREAT DEBATE on the benefits of cashless shopping has started with retailers firing the first salvo. Retailers in Singapore, suffering from a slowdown in business, are not convinced that cashless shopping will bring them increased sales. They have also voiced their382 words
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301 1985-03-21 16 THE SINGAPORE Convention Bureau expects the number of overseas participants to conventions held here in the next two years to grow at an estimated 20 per cent per annum. Last year (a successful year for the convention industry) saw the number of overseas301 words
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Article67 1985-03-21 16 Reuter WALL STREET stock prices were mixed in early trading yesterday. Analysts expected prices to rise somewhat, a continuation of late Tuesday's buying spree. The Dow Jones industrial average was off slightly at 1270. Overall, gainers led losers by five to three on volume of nine milliionReuter - 67 words
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LATE FILE
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52 1985-03-21 16 Reuter THE Malaysian Cabinet yesterday decided to ban the serving of liquor at all official functions, both at home and abroad. The national news agency Bernama said Malaysian diplomatic missions abroad would have to comply with the order. No reasons were given for theReuter - 52 words
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Article59 1985-03-21 16 Reuter WEST GERMAN Chancellor Helmut Kohl yesterday called for a joint European approach to President Reagan's "Star Wars" space defence plan but predicted that the programme could become superfluous. Mr Kohl said that although US research into space weapons would go ahead, the vital questionReuter - 59 words
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Article35 1985-03-21 16 Reuter AN OILFIELD supply vessel was hit in an air attack near the main Iranian oil terminal off Kharg Island yesterday, shipping sources said. Six people on board were killed. ReuterReuter - 35 words
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Article48 1985-03-21 16 Reuter JAPAN will not impose general excise, transaction or value-added taxes because they are multi-tier tax systems. Prime Minister Yasuhiro Nakasone told Parliament yesterday that previously announced plans to study reforms of the tax system did not mean that he would raise taxes. ReuterReuter - 48 words
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Article30 1985-03-21 16 AFP CHINA plans to produce 363,000 motor vehicles this year, a 25.2 per cent rise from last year, said the New China News Agency yesterday. AFPAFP - 30 words
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Article59 1985-03-21 16 Reuter TAIWAN Premier Yu KuoHua yesterday rejected demands by three members of Parliament that he shouldstep down because he is unable to cope with the nation's problems. A Parliament official said three opposition members had blamed the premier for three major incidents which they saidReuter - 59 words
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Article55 1985-03-21 16 Reuter BRITAIN'S biggest-selling-daily newspaper, The Sun, owned by Australian newspaper magnate Rupert Murdoch, failed to appear yesterday because of industrial trouble. The Sun management said a dispute with print unions over safety procedures kept the tabloid off the streets. The Sun has a daily circulation ofReuter - 55 words
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Page 16 Advertisements
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Advertisement82 1985-03-21 16 your cashflow 8 m NOW 0 </> o c with funds due only in 120 days' time? Come to Singapore Finance and you don't have to wait 30,60,90 days or more for customers to pay you. With FACTORING from Singapore Finance, you turn your INVOICES into instant CASH. Try us.82 words
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Advertisement197 1985-03-21 16 Vm Cecil and Fm ready Officially, I'm known as Cecil Court, but Td much rather you call me Cecil. Now that my show-office is ready and open for viewing, come look me over. Youll find me at the corner of Cecil/Boon Tat Streets and within the coveted Golden Shoe area197 words
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Page 16 Miscellaneous
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Miscellaneous57 1985-03-21 16 Outlook for today: Showers in a few areas m the morning, late afternoon and early evening. Report for 24 hours prior to 7.30pm on Morch 20 at the airport: Maximum temperature 32.6 Associated humidity 63 Minimum temperature 24.8 Associated humidity 96 Hours of sunshine 8.75 Rainfall in millimetres Nil Rainfall57 words
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SHIPPING TIMES
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268 1985-03-21 17 A TUG OF WAR is going on between Korean shipping lines and Korean shippers over freight rate increases for shipments to South-east Asia. A report in Seatrade Week said three shipping lines, Dongnam, Heung-A and Kukje, recently notified shippers of their268 words
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Article, Illustration355 1985-03-21 17 JUNE LIM - By JUNE LIM THE Straits New York Conference (Snycon) will soon slip into oblivion with the resignation of its last member, Lykes Bros Steamship. The American carrier will take leave from the conference on April 6, 30 days after handing in its notice. A fellow conference355 words
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Article700 1985-03-21 17 INpptng Un P»9t C* Afeo VI 3 Ahreoktel Lmer V 4 Andeko Shpg VH 1 AM. 1 1 A PC Line V 4 AFL ffl 4 ASCL III 1 Auobroker V 5 Axjsiqsiq Unc V 1 Boh-Qn^nt VII 4/5 Bangkok Cool VI 2 Bonk Line V 5700 words
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PORTSIDES
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Article126 1985-03-21 17 Reuter THE Filipino crew of a freighter bound for Iran left the ship in Hamburg because they are scared of dying in the Gulf war, a crewspokesman said. The 15,624-ton Lebanese freighter Nereus was due to sail forthe Iranian Port of Bandar Khomeiny after loading 25,000 tonnesReuter - 126 words
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Article97 1985-03-21 17 AFP FOREIGN orders for new ships from Japanese yards declined 42.8 per cent in February compared with a year earlier, the Japan Ship Exporters Association said. The shipbuilding industry last month received foreign orders for 14 vessels, aggregating 204,860 gross tons and bringing the totalAFP - 97 words
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Article1151 1985-03-21 18 ARGENTINA Buenos Aires Mar 12th. 13 Vessels berthed. Bahia Blanca 10-15 days and 20-25 days depending on vessel's length. Severely congested situation expected to deterioratee. 3 vessels berthed. 29 waiting to load grain. Necochea 12-14 days. Congested. 3 vessels berthed, 1 by-product vessel anchored awaiting berth. 2 vessels1,151 words
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Article304 1985-03-21 18 SEA-LAND has reached an agreement with the United Arab Shipping Company to carry cargo between the US and the Middle East. Sea-Land has applied to the US Federal Maritime Commission for permission to charter container space on UASC ships. The vessels are to operate in a new304 words
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695 1985-03-21 18 Lloyd's List SOUTH Korea's shipowners have been going through turbulent times and for many, 1984 was the year when they were no longer masters of their own destiny. Troubled by debts, ageing ships and a slump in freight rates which wasLloyd's List - 695 words
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Article1861 1985-03-21 18 CHARTERING was fairly 1 quiet in most sectors of the freight market on Tuesday with rates generally show- ing little change, shipbrok- < ers said. Grain operators paid I U559.75 from the US Gulf to 1 Amsterdam-Antwerp against $9.50 previously with the vessel also having an option of1,861 words
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Article199 1985-03-21 19 Seatrade Week THE US Federal Maritime Commission has officially decided to order documents from Transpacific Westbound Rate Agreement regarding its newly adopted rate practices. In response to a rash of shipper complaints, particularly in the agriculture and forest products sectors, the commission is specifically lookingSeatrade Week - 199 words
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Article314 1985-03-21 19 Reuter THE SOVIET Union's merchant fleet has shown no growth in recent years and none is foreseen up to the end of the 1980's, Sovfracht chairman George Maslov said. Addressing a meeting of the International Association of Dry Cargo Owners (Intercargo), he said the fleetReuter - 314 words
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Article146 1985-03-21 19 Reuter EGYPT is studying the possibility of building a pipeline to carry Iraqi oil from Jordan's Port of Aqaba to Alexandria, the semi-official Cairo daily Al-Ahram said. The newspaper said Egyptian Oil Minister Ab-del-Hadi Kandil had asked his aides for a feasibility study of theReuter - 146 words
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313 1985-03-21 19 THE HONGKONG Seamen's Union has called on local seamen and shipowners not to ply the Gulf waters following reports that a tanker managed by a local company had been hit by a missile. Man Kai Yam, vicechairman of313 words
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Article255 1985-03-21 19 THE SHIPPING Corporation of India has been pushing through improvements to its container service between Europe and the Indian sub-continent. A restructuring of the service last November led to the establishment of a 23-day sailing frequency in place of irregular calls, with this being due for255 words
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Article90 1985-03-21 19 MR FRANK Chao, chairman of Wah Kwong Shipping, has been appointed Liberian ambassador for the Far East. Mr Chao was commissioned recently at a private formal ceremony conducted by Liberia's foreign minister, Mr E Eastman. "Liberia has honoured me in this way because I have pursued many projects90 words
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Article192 1985-03-21 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.192 words
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5511 1985-03-21 24 aecaßGXDiiß A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of5,511 words
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Article711 1985-03-21 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINI GOi Arrival for Ship Voy date/time Operator car* ERS AND LCL CARGO Iws FCL LCL movement jo schedule Location Tanah Air Iris Ace Kaga Maru Harvester K Prorokov Majapahit As Plutus Potsdam Hang Glory P Vanburen Anro Aust RR Ratna Kazukawa711 words
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Article1840 1985-03-21 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agen.ies ISI Afro-Enrasia Line Transgroup «Si Akrenklel Liner SfnVf Kim Shpg > S» Alfred C Toe pier Oceanus Shipping Agen cies <S» Manntex Enterprise IPKI AI par Intrasea (Si Bintang Shpg1,840 words
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Article427 1985-03-21 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival D eparture KEPPEL WHARVES Cordoba Gold Varda O Pyatnitskiy Vega Equator IV Gaoyang Grand Wise Lavender Maris Otter Oc Glory No 6 R Viking Sky Silver Dream St Venture Union Trader PASIR PANJANG A1 Sayestha Eternal Moon Hati Balk J427 words
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Page 17 Advertisements
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Advertisement501 1985-03-21 17 ©HEIING-A SHIPPING KorMHa|Vsls Regular Liner Semi-CorYtoiner Service To: P. Kelanf/Penanf Busan/Inchon v Fm: Busan/Moii S'pore Afent: Neptune Agencies Pte Ltd Tel: *****77 P.K. *****4, PN *****5 K.L. *****0 SOUTH Korea's shipowners have boon going through turbulent times II THE SOVIET Union's merchant fleet has shown no growth in recent years—....—.—lll501 words
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Advertisement363 1985-03-21 17 v m m ML UNITED ARAB SHIPPING CO (SAG) f SEALORD SHIPPING AGENCIES 70 Shenton Way 04-02 C Marina Houie Singapore 02 CFS office TPC 03-30 Tel *****31 and *****32 Terminal office TPC -=03-29 Tel: No *****90/*****93 FROM JAPAN TAIWAN HONGKONG TO ARABIAN GILF REI) SKA MB: 1) Accepting LCI363 words
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Advertisement1047 1985-03-21 17 Foreign cxd%an9® DealinO 5 Pubksh&d by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Sptxe 1953 Tel: *****44 A memoe< o< times <ygar"sa o r SS6 50 Each MAERSK LINE EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA TO L.l PACIFIC. GUI.K ATLANTIC. FAST CAN Al IA. INI1,047 words
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Page 18 Advertisements
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Advertisement279 1985-03-21 18 Y.S. LINE YAMASHITA-SHI CONTAINER SI ZZ2ZZZ USA/CANADA Feeder Vil *6 ACE FAMLT *Ct MIDDLE EAST rm •''i i* a; i 'iii TRANS SIBERIAN SFRVtCfc (■Ww l wiiiinlHwwrAi-Jl Vm Pan Asia Line, ltd. OPTORG CO (M) SDN BHD AGENTS SUNSHIP AGENCIES PTE LTD P KELANG M7Ot)V2 P JAYA *****3 *****1 S7MC3279 words
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Advertisement275 1985-03-21 18 ll Supercarrier Service NEXT ARRIVALS BARBIR PERSEUS 27/3. BARBER PRIAM 9/4. BARBER HECTOR 17/4 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BMK* l<CTo*t wan in 12/5 13/5 24/5 25/5 2/4 3/4 12/4 13/4 tMu accept* centra ter Houston (KU). S Frjncac. OAM. S«wktan mt Sao Otf* wa I.275 words
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Page 19 Advertisements
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Advertisement686 1985-03-21 19 OCX. Overseas Containers Limited CONTAINFRSHIP SERVICE TO UK/CONTINENT CARDIGAN BAT OSAKA BAY LIVERPOOL BAT TOKYO BAT KIT AM MARU THAMES MAMJ OH Of EDINBURGH TOKD EIPRESS CARDIGAN BAT OSAKA BAT Also Accepting Cargo For: Hamburj 10 Coptrtuien, Aartmv Gottwnbwj Rotterdam to Antwerp, Amsterdam. Olio Bremenhaven to Bremen Southampton UK returns.686 words
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Advertisement648 1985-03-21 19 Franco Belgian Services f+r Ki 11 Mrrv< u Btj%an far £a» irr-n I. »*UJ (MEMBER OF ACE CONSORTIUM! Fill COWMO SOURCE TO EUROPE STOW mtUKHHwrta Filar* Han unarm ill Xfi if* 23 Kite s"Ps?js° ?.."L.ss lis ',\Z SS S£ 35ff,ST" ",'Z 32 S£ nCHM CONTABO KOREAN CHANCE WE CONTAIO 3Da648 words
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Page 20 Advertisements
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Advertisement504 1985-03-21 20 1 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriafe to Scandinavia, Med, Carribean &S. America Wand haulage to inland destinations in Europe Connecting in Kobe (i Connecting in Kaoshiung Also accepting cargo tor ATLANTIC GUIF PORTS via mimlandbfidge and US MIDWEST by microbridge IMPORTS FROM N. CONTINENT UK tfbwg B'haven Rdam lehavre504 words
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Advertisement153 1985-03-21 20 FULLY CONTAINE JM l>_E D SERVICE TO EUROPE VIA SUEZ thf >ct c norlMTl S pore I IfHin ?4 3 ?6 3 3 4 < 1 41 TRANS WORLD BRIDGI 24W CMNA CONTAINER 79* ROMAN CHANCt 21W HONGKONG CONTAINER 44W OMNTAI CHff 43N 10 4 (8 4) 17 4 (IS153 words
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Advertisement576 1985-03-21 20 AGENCIES PTE. LTD. *09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88 TELEX: RS ***** BOOKING: *****56 IDIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SABAH PORT •BUILDER HI 22 Mar 25 Mar I 1 Apr 3 Apr I JENSON 22 Mar 26 Mar I 1 Apr 3 Apr I •With Dry576 words
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Advertisement601 1985-03-21 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/C ARIB/USEC/EURO/W.MED./FE) ALSO ACCEPTING CARGO TO 1) PROMOENCE MNARK SAVANNAH BOSK* PHUADELPHM NOWOI* JACKSONMUE MMMGTON ETC 2) ATLANTA CMC AGO. DETROIT COLUMBUS 1 OTHER MAK* MCROBRDGE DESTMATIONS 3) CRISTOBAL. BALBOA PANAMA CUT COLON SAN JUAN SANTO DOMMQO WN ORLEANS HOUSTON MA601 words
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Advertisement280 1985-03-21 20 'i as I NOSE MARITIME PTE LTD m PORT HE LANG Pf NAN ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES loadinc far B. Abbas. B. Khomeini SWOSf MARITIMf PTC ITD Ul *****44 7 I *****70 MALOSt MARITIME SON BHD Tel *****2 3 MALAYSIA TRAOf TRANSPORT LTD Tel ***** *****280 words
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Page 21 Advertisements
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Advertisement676 1985-03-21 21 r PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 26-2/5 5-8/5 E-320 14-17/4 9-10/4 COLOMBO/CHITTAGONG/RANGOON SERVICES COLOMBO IS-21/4 SINGAPORE VOYAGE 6-8/4 W-435 BANGKOK DIRECT SERVICES INDONESIA SERVICES JAKARTA 2S-30/3 23-25/3 29/2-4 KOTA BANTENG KOTA JADE FAR EAST SERVICE TAIWAN/JAPAN (FULL CONTAINER SERVICE) MID. S.E.A. CONTAINERS676 words
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Advertisement771 1985-03-21 21 BEN LINE CONTAINERS EXPRESS COHTAWER SERVICE TO/FROM EUROPE Ouka Bar Uwrpaol Bar '<*»• BIT WWt STRAITS FBOMEUBOPE HUM SHAVEN I DAM HAVRE UK P KELANGS'PORE FOB Liverpool Bay Sated SaM SaM SaM Saint 22/1 24/3 WG.TWN FraMMrt Eiprtu SaM SaM SaM SaM SaM 2C/3 BUJIB.TK. TMr* Baj SaM SaM SaM771 words
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Advertisement732 1985-03-21 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST STORE SERVICE FULL CONTAINER VESSEL. BUSAN YOKOHAMA KOH KAOHUMG Ml STORE IGPRMK MAIAPAMT *11 4/3 1/3 10/3 IC/3 17/3 22/3 24/3 rraresfra; HHI.>II.V. a a ;ViL»j H7ia;(i. T ;(«.k^ EAST BOUND VMM *7EB WEST BOUND sp STOM 9/4-13/4 (D6C ONLY) SP P* B'BAO732 words
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Advertisement535 1985-03-21 21 BOUSTEAD SHIPPING AGENCIES Htoneywa V2OO Pa-an VSI Pafan VBSW BURMA FIVE STAR (Burmese National Line) Loadng for Rangoon Spore PKdan( Pen** 25/26 In Pt/23 Mar 30/31 Mar 28/29 I BANK LINE SPORE R'DAM HULL HMBG IVYBANK 12 Apr 8 Moy 11 Moy 14 Moy CLYDEBANK 5 Moy 31 Moy 4535 words
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Page 22 Advertisements
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Advertisement1191 1985-03-21 22 K KAWASAKI KISEN KAI ECUADOR/PERU/CHILE FEEDER VSI MOTHER VSI SPORE PKIG PNG SPORE NAGOYA GUAYAGUR CAILAO ARICA IQUQU »'»<• MONTE RUBY V2B IBN VSI 3 Api 5 Apr 7 Apt 9 Apt 23 Apt 75 Ml* 2 tun 6 Jun 7 CENTRAL AMERICA/CARIBBEAN SEA FEECKR VSI MOTHER VSt PKIG PNG1,191 words
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Advertisement559 1985-03-21 22 //if CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE I■ i tg* 10 MftalitS SAN IRANCISCO S»Alllf IACOt* tAflftOUvffi BC A. ICI ICI Confjwm AUSTRALIA EXPRESS CONTAINER SERVICE Auept>nf fCI fCI Containers VISMVA KAIJMUOI ?l Mjr k»MD* > M.,r ?8 ?9 Mar KABIRDAS 1/ 18 Act RAVIDAS ?6 21 Apt ?8559 words
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Advertisement654 1985-03-21 22 SANKD ASIA FROM JAPAMCSC *OHTS ANO HOHOKOHG 1 REGENT RUTH 2 mm TRADER 3 SUN CANNA 4. EDO MARU 5 GOTONG ROYONG 6 HAND KWONG 7 SANKO SCORPIO Smjjpore PKelanj GDN K27/22 Apr GDN Kl9/22 Mar 23/24 Mar 24/26 Mar 27/2S Mar 25/26 Mar 27/28 Mar 29/31 Mar 1/2 Apr654 words
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Advertisement370 1985-03-21 22 4" INTRASEA (PTE) LTD. 10 Anson Road «27 16 International Plaza Singapore 0207 Tel *****1 1 (10 Lines) BWiBtABtAJLEtt <► BREAKBULK SERVICE TO EUROPE/UK OCEAN WMD *****03 S pore P KeUrt(loadn( for 8 Apr SETE ANT ROTT/U.K (AVON) PJ SEA WOOD AND S pore PKelang Load** AIEV 29/3 Mi* Monfalcone/Salerno/Valencia370 words
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Page 23 Advertisements
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Advertisement578 1985-03-21 23 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPC FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): C CONTAINER 29W.... K CHANCE 21* HK CONTAINER 44W.. CROZE 43W 1/5 (29/4) 23/5 21/5 22/5 24/5 Also accepting cargo to/from Scandinavia TW BRIDGE S pore Closing Times FCL Cargo 0600 24/3 LCI Cargo 1800 23/3578 words
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Advertisement626 1985-03-21 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN. INCHON Vcssd No 6 Oofum SO2N •to 1 Dorum SO 3* No 9 Oanan M?N No I Oaum SOW No 6 Datum SO7N Genet* W»ey tot No I Doiunt SOH at ton K 21 <f 0900 hrs-1200626 words
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Advertisement1029 1985-03-21 23 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELANG M/S SHARMAT WAH SOON SON B» IST AND 2ND FLOOR NO 1 I ALAN CEMPENING PORT1,029 words
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Page 24 Advertisements
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Advertisement701 1985-03-21 24 Regional Container Lines 3 Sailings Weekly Reliable Regular Punctual Berthing P.S.A. Mon, Wed Sat KCt. HINODE RISEN CO. LTD I I.TRA UK W MKT XKKIKK SINGAPORE ISLANDS LINE S'pore Loading for 29/30 Mir Pt. low. Tamatave. Momtoassa Daressalam VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EIMOPE STORE ANTWERP POTSDAM701 words
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Page 24 Miscellaneous
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Miscellaneous179 1985-03-21 24 Regional Weather /r- zr A/^~ **o 0$ ft A *6 A 5/ „/T A 9* 0> X 7 s? 5/fc /p« r-« i^> \JV 1 t tr*C SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature <>179 words
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Page 25 Advertisements
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Advertisement80 1985-03-21 25 IiSC AGENCES K. LUMPUR P. KELAMG PENANG P. GUDANG J. BAHARU LEOSHP SPORE 4280M/*****6/*****8/*****3 3)7111/1 TERMMAL 3SS3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 22SS6S/*****1/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE ESHI IXZSImI EIZBIZ3I rrf S3 FTB ES [SIEZSiIH K£3i ALSO ACCEPTMC FOB MnUCKP, L. HARVE, UK. Km. COPOtMGEN. OSLO ALSO ACCEPTMC FROM EUROPE: «T* HAM.80 words
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Advertisement259 1985-03-21 25 ■nv;r: .:;-i (S) PTE LTD. SALES/BOOKMGS TEL *****11 (I LMS) '71" ■TTi '.'irT M/V ANJOU V4ISS M/V ARMAGNAC VSLSS M/V CGM VELAY V6LSS Scan Dutch V To Europe (Med/UK/NC/Scan) 4) GOTHENBURG B Butane 21/3 B Butang 28/3 B Butang 4/4 B Butang 11/4 B Butang 18/4 B Butang 25/4 B259 words
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Page 26 Advertisements
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Advertisement198 1985-03-21 26 POMEX MAYA LINE CONVENTIONAL LINER SERVICE JAPAN/STRAITS/JAPAN Vmml Singapore P.K«teng P»n»ng KEMPAS 1-S Apr 6/7 Apr 8/9 Apr 10/10 KEPONG 2S Apr 17/18 Apr 19/20 Apr 21/22 For further partKulors. please contoct POMEX MAYA SON BHD 12th Floor, Bongunan Kuwosa Jalan Rata Lout, Kuala Lumpur Telex MA***** POMEXSHIP Tel No:198 words
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Advertisement313 1985-03-21 26 r IV/ Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER ALTAI MARU 22 Mar Mombasa, Daressalaam GLORIA PEAK 26 Mar Port Louis. Reunion M. GRACE 5 Apr Mombasa, Daressalaam, Tamatave OCEAN ELITE 15 Apr Mombasa, Daressalaam EARNEST VENTURE 8 Apr Monrovia, Abidjan, Lome. Apapa. Douala. Tema Also Accepting Contrs to NOUAKCHOTT CAPE313 words
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