The Business Times, 2 April 1985
1985-04-02
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The Business Times
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Title Section12 1985-04-02 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, APRIL 2, 1985 60 CENTS12 words
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Article, Illustration463 1985-04-02 1 RICHARD SEAH - By RICHARD SEAH IT BECAME obvious where taxi drivers thought they would find the most passengers yesterday. They all headed for the same places and caused their own mini-traffic jams outside shopping centres, hotels and at the airport at taxi463 words
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Article586 1985-04-02 1 Value of projects given planning approval lowest in four years BUILDING commitments fell for the second time last year and was at its lowest in four years. The value of projects given punning approval, according to latest statistics from the Ministry of National Development, plunged by $2.3586 words
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467 1985-04-02 1 LIM SOON NEO - By LIM SOON NEO SINGAPORE AIRLINES is mairing use of two US$99 million leveraged lease financing arrangements for two Boeing aircraft which it has bought. The two financing packages involve Bankers Trust and Citibank. In December last year, SIA approached international leading and467 words
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Article, Illustration71 1985-04-02 1 SHAKE prices edged lower term the kuri la featareless tradlag oa the Singapore stock market yesterday. Properties was the only seetar that held steady la the face of the seUlag pressure. He BT Composite Index fell IJC points to 728.48 while the Straits Tines ladastrtal ladex dropped 2.2S71 words
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629 1985-04-02 1 ALVIN TAY - By ALVIN TAY PROFIT margins of the finance industry are expected to be slashed further while some smaller finance companies may be priced out of the market in the current housing loan rate war sparked off by Credit POSB and intensified by three major629 words
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150 1985-04-02 1 INVESTORS anxious to take a stake in Singapore's oil find had their hopes dashed yesterday. Their interest was triggered by the report in BT yesterday that oil had been encountered during the course of Mass Rapid Transit tunnelling work.150 words
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182 1985-04-02 1 QUANTUM:FCB Advertising yesterday filed fresh action against Wisma Development to recover $50,336 after its first suit was dismissed last month. Mak A Partners, lawyers for Quantum:FCß, explained that the first case was dismissed on a technicality because their clients failed to give "further182 words
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Page 1 Advertisements
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Advertisement57 1985-04-02 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Nikon F3P Nikon F3T Nikon F3HP Nikon F3 Nikon FA Nikon FE2 Nikon FM2 Nikon FG Nikon FG2O Nikon EM Nikon LI3SAF Nikon L3SAF Nikon L3SAD Nikon N'konos V Q,Nikon) The world s finest photographic system SHRIRO 00-00 V#n San Bu'kJ.ng 206 Of chard57 words
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Advertisement262 1985-04-02 1 Leader, Page 8 SHARE INFORMATION DOONESBURY MONEY A EXCHANGES LETTERS CROSSWORDS RAW MATERIALS AN END to the dispute between the union and management of Smith-Corona over retrenchment terms looks nowhere in sight with the lotest rejection of the union's demand. Page 2 A NEW PHASE in the expansion of Times262 words
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Advertisement19 1985-04-02 1 Hong Fofc delays project, Bock Pago FmM report. Plot 13 Asian stock ft, hg* 11 Intl stock*, Pags 1019 words
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Advertisement90 1985-04-02 1 Ikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM A reeder thara* tha spirit, Pag* 8 "Why did KLM win the 1984 Passenger Service Award?" Air Transport World, the leading international airline magazine, has honoured KLM with its prestigious Passenger Service Award. The jury praised KLM s long tradition in customer service, and90 words
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HOME NEWS
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419 1985-04-02 2 CHUANG PECK MING - By CHUANG PECK MING AN END to the dispute between the union and management of Smith-Corona over retrenchment terms looks nowhere in sight with the American typewriter manufacturer yesterday rejecting the union's latest demand. But the US multinational is "not shutting the door completely" as419 words
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300 1985-04-02 2 YAP BOH HOON - By YAP BOH HOON THE AUTOMOBILE ASSOCIATION of Singapore has said the recent increase in road tax is not justified and that it will not discourage the potential car owner but penalise present ones instead. In an editorial in the April issue of300 words
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Article, Illustration256 1985-04-02 2 THE NEW Indonesian Embassy in Chatsworth Road, officially opened last month, was designed by local architect firm Timothy Seow Partners. The firm is also the architect of Galadari Centre which is sitting on the old embassy site in Orchard Road leased from Ngee Ann Kongsi. Three256 words
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Article261 1985-04-02 2 SINGAPORE'S tourism industry has received a much needed boost since the start of the year. There was an increase in visitors in January, and latest statistics from the board showed another increase in February. The island received a total of 230,830 visitors in February, 4261 words
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409 1985-04-02 2 TWO AMERICAN business consultants are optimistic about business prospects with China. US-based JVW International Trade Management Consultants' vice-president Mr Mike Wilson and University of Illinois' professor of international business Professor Anant R Negandhi also offered potential investors a list of "do's and don'ts" and409 words
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215 1985-04-02 2 THE SUCCESS of programmes to protect and preserve the environment depends greatly on having an effective communication system. And the effective communication system must forge strong links among government agencies, non-government organisations and the people, said Dr Lee Boon Yang, Parliamentary Secretary in the215 words
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507 1985-04-02 3 SHAHRIR ARIFF - By SHAHRIR ARIFF INVESTMENTS in food processing and packaging machinery in Asean countries are expected to exceed $1 billion over the next three years. This was the findings of a survey commissioned by exhibition organiser, Singapore Exhibition Services (SES), and conducted by Frank Small507 words
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Article181 1985-04-02 3 BUSINESSMEN can no longer get new loans from Hong Leong Finance under the Economic Development Board's Small Industries Finance Scheme (SIFS). The managing director of a company said he rang Hong Leong Finance and was told the company was not extending SIFS loans and that181 words
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Article224 1985-04-02 3 ELECTRONIC companies can best sell to the US by appointing representative companies located there as their distributors. This was suggested by the director of the Electronic Representative Association, Mr William Weiner, who was speaking at a half-day seminar on "Marketing Electronics in the US"224 words
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Article181 1985-04-02 3 TWO NEW liquefied petroleum gas (LPG) storage tanks, costing $2.3 million, will be commissioned by Shell at its Pulau Bukom refinery this month. This brings to nine the number of LPG tanks, with a total storage capacity of 11,400 cu metres on Pulau Bukom.181 words
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114 1985-04-02 3 THE HARPER Gilfillan trading group has been appointed the regional distributor for Chese-brough-Pond's products. Mr K C Chua, general manager of Harpers Trading in Singapore, said: "The acquisition of the Chesebrough-Pond's agency for Singapore, Malaysia and Brunei represents another milestone in the group's aggressive growth programme." Mr114 words
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256 1985-04-02 3 MCDONALD'S Singapore will open three new outlets this year and is also planning to lower menu prices. One of the new outlets will probably be in Dover Road with a target market of students from the nearby schools, the Singapore Polytechnic and256 words
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Article, Illustration391 1985-04-02 3 RICHARD SEAH - New phase in expansion begins By RICHARD SEAH A NEW PHASE in the expansion of Times the Bookshop began yesterday with the opening of an experimental "neighbourhood store" in Serangoon Gardens. A chain of similar stores will be set up in housing estates if this391 words
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Page 2 Advertisements
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Advertisement130 1985-04-02 2 OCL-Leading the way in container shipping, For 20 years OCL has been both pioneer and pace setter in international door-to-door delivery. Investment in equipment—ships, containers, port and inland facilities and the sophisticated computer systems to complement them—has been matched only by investment in people. OCL and its wide network of130 words
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Page 3 Advertisements
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Advertisement206 1985-04-02 3 SEMINAR ON "BUSINESS RESUSCITATION" This half-day seminar discusses the alternative courses of action available to a lender in a problem loan situation. The common causes of insolvency and the problems as well as tried and tested solutions will be addressed at the seminar. Receivership should be regarded as a last206 words
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Advertisement236 1985-04-02 3 w "r" +.-1 f h\--.^4;. JS" ißßes/m* W l" i -v <J* T ■Lr H 12/ MiW'- fi "3 TP < t t-:'fr Revolving Credit from DBS Finance. It gives you the lead when you IIPPII IT I f At DBS Finance, we can establish a /> i:» r««:i:*., /DPC\236 words
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OVERSEAS
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272 1985-04-02 4 Purchasing managers' index down again Reuter AFTER improving in January and February, the US economy eased moderately in March, the National Association of Purchasing Management said in its latest "Report on Business". The first quarter ended on a sobering note, as the purchasing managers'Reuter - 272 words
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Article117 1985-04-02 4 Reuter EGYPT'S Economy Minister Mustaphakamel Said has resigned after criticism over foreign exchange laws introduced in January. He has been replaced by Sultan Abu Ali, deputy chairman of Egypt's investment authority, the President's Office said. Mr Said introduced the controversial foreign exchange laws on Jan 5, includingReuter - 117 words
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184 1985-04-02 4 Reuter BRITISH output will grow by 4 per cent this year, the fastest growth rate since 1973, the Confederation of British Industry forecast. This estimate follows reports by British companies in March which say export order books are at their strongest for eight yearsReuter - 184 words
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387 1985-04-02 4 UPI IRAQI WARPLANES, which bombed civilian areas of Tehran early yesterday, is believed to have used civilian aircraft as cover before attacking the Iranian capital. Iran's official news agency Irna reported Iraqi planes bombed two residential areas in Tehran at about 1.30 amUPI - 387 words
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242 1985-04-02 4 AP NEW PAKISTANI Prime Minister Mohammed Khan Junejo pledged on Sunday night that his government would soon restore the powers of an independent judiciary, an act he termed essential for citizens' fundamental rights. "Freedom of the judiciary is very important for the basic rightsAP - 242 words
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379 1985-04-02 4 AP THREE military intelligence officials linked to the murder of a Chinese-American journalist will not be summoned to testify at the trial of two reputed gangsters charged with the killing, a judge said yesterday. Cheng Tsun-chia, who will head a three-judge panel atAP - 379 words
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236 1985-04-02 4 AP THE US House Armed Services Committee will audit billings by seven major American defence contractors to discover the extent to which questionable costs are being added to the price the Pentagon pays for weapons. The audit is organised by two subcommittee chairmen who urgedAP - 236 words
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Article120 1985-04-02 4 AFP DRIVERS breaking speed limits should be shot "promptly", the police chief in the Indonesian province of North Sumatra has reportedly said. Police Brigadier General Djuaeni told the Sinar Indonesia Baru newspaper in Medan that he had asked for drivers of any type of vehicles violatingAFP - 120 words
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278 1985-04-02 4 Reuter NEW ZEALAND said yesterday it would expand political, defence and economic activity in the South Pacific following suspension of defence cooperation with the US over the nuclear warship row. A policy statement issued by the Cabinet yesterday said Wellington's immediate requirement wasReuter - 278 words
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199 1985-04-02 4 AFP THE US is worried by the growing involvement of organised crime in drug trafficking in South-east Asia, US Assistant Secretary of State for Narcotics, Jon Thomas, said organised crime syndicates inthe region had developed ties Srtth those in America to transportAFP - 199 words
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101 1985-04-02 4 AP A CURFEW was ordered in the western Indian city of Jamnagar late on Sunday following Hindu-Mus-lim rioting, Gujarat state police said. Widespread violence broke out after some stone-hurling Muslims reportedly attacked a Hindu procession on the anniversary of the birth of Lord Rama.AP - 101 words
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Article757 1985-04-02 4 ARRIVALS Operator Sanrice number Local time From SV PAA CV KAL MAS MAS MAS MAS MAS RBA SIA CPA GIA SIA SIA THAI SIA MAS SIA GIA MAS SIA GIA SIA GIA SIA GIA THAI LUFT SIA THAI SIA KLM CPA MAS MAS MAS SIA SIA SIA757 words
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366 1985-04-02 5 AFP VIETNAM is gearing to withdraw troops from Cambodia this week in what officials said would be the biggest operation of its kind since Hanoi started its partial pullouts in 1982. They said the move scheduled to begin tomorrow would bring the total numberAFP - 366 words
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136 1985-04-02 5 Bernama MALAYSIA'S Deputy Foreign Minister Kadir Sheikh Fadzir denied yesterday that Malaysia had been placed by the United States on the list of "security risks" in relation to export of high technology. The misunderstanding over the matter arose following the setting upBernama - 136 words
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307 1985-04-02 5 UPI THE POLISH government said it would put a second round of price hikes into effect in spite of the underground Solidarity movement's call for a nationwide protest over the increases. The move, to follow a 12 per cent to 13 per cent food priceUPI - 307 words
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301 1985-04-02 5 AFP China's foreign reserves have fallen by U552.25 billion since the third quarter of last year as the result of an extensive import drive, China's new chief central banker has said. Miss Chen Muhua, a former Foreign Trade Minister whoAFP - 301 words
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Article, Illustration539 1985-04-02 5 AP JAPANESE Prime Minister Nakasone has instructed officials to do their best to meet US demands for greater access to the Japanese market, particularly in telecommunications. Japanese government officials said yesterday Nakasone also suggested a campaign to encourage Japanese citizens to buy moreAP - 539 words
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Page 4 Advertisements
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Advertisement160 1985-04-02 4 Republic of China Agricultural Food Products at your doorstep Dynasty Hotel Ballroom (3rd Storey) 3-5 April 1985 11.00 a.m. to 7.00 p.m. daily i For the first time in Singapore, a wide selection of agricultural and food products from Taiwan, the Republic of China will be on display at the160 words
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Advertisement27 1985-04-02 4 K Pan Am K llyuh; 1 roni vrc in Hon*; Ron*; I ok\o. i Aiv't trv lonolulu San 1 i.inasui \ow ork. For Updated Information, Call *****1127 words
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Page 5 Advertisements
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Advertisement175 1985-04-02 5 If it's importers enough, itwill be at the SanMareo. The style of San Marco. Until now, the preserve of the favoured few. Today, the Venetian splendour of this grand room is made available to a wider public. Custom-made for occasions when only the very best will do. From Regional Conferences175 words
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Page 5 Miscellaneous
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Miscellaneous53 1985-04-02 5 Doonesbury BY GARRY TRUDEAU ..AW AS I SHAKE TALCUM ON HfS WMMYJ MARVEL ATMHATAMYS- HE STUM fS, WHAT A MKACU. alitheworkseems tuoKiH rr TODAY" u t. WiMmW'Sm m Mm tfl i-r Wf •L te 7? Wwtw'fbaman. yoltrenot EXPECTBP TO THINK ABOUT ANY OF THAT STUFF! SO XX) CHANGE ONEPIRJYPIAPERANP rPSAUTERAfV53 words
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BANKING AND FINANCE
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412 1985-04-02 6 Reuter JAPAN yesterday implemented a number of previously-an-nounced changes to its banking and securities practices. The finance ministry says it will allow all banks in Japan to offer money market certificates (MMCs), so large banks such as the city banks will join smaller banks which haveReuter - 412 words
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511 1985-04-02 6 Number Indicative Gross Coupon Amount Interest of days of Middle Price Redemption Maturity Yeor oised Rate Million) Payment Accrued (excluding Yield pa) Dates Interest accrued pa) interest) 15 4 85 Loan 1 1978 7 50 00 15/4, 15/10 167 100.00511 words
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151 1985-04-02 6 Reuter PAKISTAN'S drive to reorganise banking along Islamic lines entered its second phase yesterday as banks switch to an interestfree system for all new personal loans. Pakistanis seeking a mortgage or a car loan will now have to choose among several alternative arrangementsReuter - 151 words
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Article, Illustration965 1985-04-02 6 SINGAPORE The US dollar rallied in active and nervous late trading to close sharply higher against most major currencies yesterday. The dollar closed sharply firmer at 3.0870/90 marks against an early 3.0380/0410 and New York's Friday 3.0575/0600, but was below the day's high of 3.0945. The US unit965 words
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Article77 1985-04-02 6 THE OVERNIGHT rate on the Singapore interbank money market rose by two points from last Friday to close at 41/2 per cent yesterday. The one-month term rate was unchanged, the two-month rate fell by 1/4point and the three-month rate fell by 5/16-point. S$ Interbank rates at 3pm yesterday:77 words
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Article255 1985-04-02 6 HONGKONG: The metal closed lower in fairly active trading yesterday, mainly reflecting the late rally of the US dollar. Bullion opened firmer but lost ground as the dollar strengthened, and buying support emerged towards the close. Gold closed at U*****.10/60 an ounce, compared with Saturday's $330.25/331.00 close here and255 words
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Article246 1985-04-02 6 Interbank rates at 3pm yesterday: C urrtnctM Nomina/ rdM S *t*rd*f ci mHHoonian roM parity change Local dollars to on* ufMt of foreign currency: US dollar ***** ***** ***** -21 48 Sterhng pound 2 7342 2 7418 7 3469 -62 78 Austrakon dollar 1 5320 1 5360 3246 words
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Article321 1985-04-02 6 Ba Futures EURODOLLAR futures came under profit-taking from yesterday's opening despite easier interbank rates. The overbrought level prompted lightening of long positions as dealers felt that the market was overdue for consolidation. The higher-than-expec-ted rise in leading indicators on Friday might have triggered some liquidation. June contract opened atBa Futures - 321 words
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Article260 1985-04-02 6 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Period rates were about unchanged to easier at the outset partly due to the Fed's addition of reserves to the US banking system through a US$2 billion customer repurchase agreement. Interbank d*po«it r atM260 words
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Page 6 Advertisements
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Advertisement257 1985-04-02 6 If You Wish To Cut Down Your Computer Software Development Effort By 10 Times, Read on! I he key to successful computerisation is for programming to be done quickly and to get people who are using the programs to participate in the development. POWERHOUSE, the most widely used fourth generation257 words
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Advertisement54 1985-04-02 6 In Singapore style and sophistication are defined by a Hotel. 1 THE PAVILION INTER- CONTINENTAL SINGAPORE ■4 m i\\\ \\y v> .r. €J. i v i<! -J THE ADVANTAGE IS INTER CONTINENTAL 0 INTER-CONTINENTAL HOTELS One CuM.<tJen Ro.id. 1024 Phone 733WW Tctex: RS ***** SINIHC For reservations call your favourite54 words
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WORLD BACKGROUND
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Article, Illustration1075 1985-04-02 7 Turn down capitalist road likely to alter international balance of power NYT MOST AMERICANS tend to view events in China as something happening on another planet. Thus, the historic peacetime conversion of China from Marxist and Maoist economic precepts to ideas and practices more akinNYT - 1,075 words
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553 1985-04-02 7 US —Soviet summit probable this year Reuter A SUMMIT meeting between President Reagan and Soviet leader Mikhail Gorbachev later this year has become highly probable, senior western officials say. Both sides appear interested, although officials caution that the idea could be derailed if U.S.-Soviet arms talks break down or thereReuter - 553 words
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Article552 1985-04-02 7 AP IN SPITE OF threats from leftist guerillas, Salvadorans voted in large numbers on Sunday in national elections that have become a referendum on President Jose Napoleon Duarte's embattled government. At issue are the 60 national assembly seats and mayoral elections in all 262 communitiesAP - 552 words
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Page 7 Advertisements
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Advertisement142 1985-04-02 7 getting your 213 7*B yrecton tii u WITHDRAW tv> WITHDRAW V* IIHOO WITHOMW mm (200 WITHDRAW OTHtR AMOUNTS K«*« [STATEMENT/ CHEQUE BOOK DEPOSIT OTHER TRANSACTION X«<2* Insert your Cash-On-Line card with the magnetic stripe facing upwards and to the left and select your language of instruction. Key in your personal142 words
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FEATURES
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Article522 1985-04-02 8 OVER-REACTION is part of the Singaporean way of life. There is therefore some grounds for believing that taxis would not have to queue up for passengers much longer. Spoilt Singaporeans who cannot tolerate the discomfort of bus travel would soon resign themselves and pay the few522 words
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Article, Illustration1420 1985-04-02 8 MANO SABNANI - Prime Minister Lee Kuan Yew leaves today for a three-day working trip to Indonesia, returning a visit to Singapore in 1983 by President Suharto. Mr Lee will meet President Suharto in Ujung Pandang, the capital of the colourful province of South Sulawesi, where they will have two1,420 words
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Article274 1985-04-02 8 B S Shee - Letters te the Editor B S Shee Dear Sir, My long-standing theory that Singapore is literally floating on oil has been vindicated by your story in this morning's Business Times. As a geologist then assigned to an international oil company, I was intrigued as274 words
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Article182 1985-04-02 8 Kenneth T Gibson - Kenneth T Gibson Vice-President Finance Gatx Leasing Corporation Dear Sir, I have enjoyed reading Mr Alvin Tay's reports on the Leasing Association of Singapore Asian Leasing Association seminar "Avoiding Problem Loans" (BT, March 29-30). The reporting has accurately reflected many of the interesting issues raised182 words
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Article101 1985-04-02 8 Lee Ah Pin - Lee Ah Pin Dear Sir, It was reported in BT of April 26, 1985, that Brig-Gen (Res) Lee Hsien Loong had reported in the Parliament that sugar prices in Hongkong were higher than those in Singapore. The price is quoted as $1.22 per kg.101 words
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Article679 1985-04-02 8 Sulawesi a mosaic of cultures NO OTHER island in Indonesia probably has such a contrast of cultural traditions as Sulawesi. Its multi-ethnic and multi-reli-gious population has given root to a bewildering variety of customs and beliefs, all of which flourish peacefully in a tolerant environment. In addition, the natural beauty679 words
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Page 8 Advertisements
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Advertisement81 1985-04-02 8 m ABN BANK On the occasion of the official opening of the Bank's new premises at the new OCBC Centre South (No. 18 Church Street). We are proud to have been instrumental in the leasing of the premises to ABN and to have acted as Project Managers for their internal81 words
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Page 8 Miscellaneous
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Miscellaneous670 1985-04-02 8 CRYPTIC PUZZLE ACROSS 3 Fit (as Health resorts get mony) (5) 8 A familiar name in republics (5) 10 Ways of being ted up the garden? (5) 11 No time to start being negative (3) 12 Something knotty, such as marriage (5) 13 Casual enough to make you swear? (7)670 words
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SPORTS
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Article, Illustration700 1985-04-02 9 WALTON MORAIS - By WALTON MORAIS THE Singapore Open golf championships which ended at Bukit on Sunday was historic in more ways than one. The U*****,000 total prize money marked the biggest purse ever offered for the Open, a 25 per cent increase over last year. This year700 words
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361 1985-04-02 9 AP CALVIN PEETE, displaying the accuracy that has become his trademark, turned back the last-gasp challenge of DA Weibring and scored a threestroke victory on Sunday in the rich Tournament Players championship at Pointe Vedra, Florida. Peete, who habitually leads the Professional Golf Association tourAP - 361 words
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461 1985-04-02 9 BRIAN MILLER - By BRIAN MILLER IT WAS hardly a surprise that the price of yearlings offered at the recent New Zealand national sales rose by a startling 46 per cent over previous years. It was also hardly a surprise that the top price461 words
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Article212 1985-04-02 9 AP JOCKEY Hywel Da vies celebrated his storybook Grand Na-tional-winning ride on 50-1 shot Last Suspect on Sunday in Liverpool, 14 months after he nearly died. In January last year the 28-year-old Welshman was given the kiss-of-life following a bad fall at the last fence ofAP - 212 words
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Article, Illustration510 1985-04-02 9 AP RETIRED Swedish tennis ace Bjora Borg on Sunday saw John McEnroe trounce his fellow Swede Anders Jarryd in the finals of the Fila Trophy indoor tournament in Milan and predicted that the American would reign unchallenged for some more years as the world's NolAP - 510 words
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429 1985-04-02 9 AP ALBERTO Juantorena and Silvio Leonard, two of the most outstanding Latin American athletes of the past decade, were honoured by Cuban officials as they marked their retirement from competition at a public ceremony on Sunday during the Barrientos athletics festival in Havana. A crowdAP - 429 words
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Page 9 Miscellaneous
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Miscellaneous1173 1985-04-02 9 to sm aaaatD HIGHLIGHTS Unknown Chaplin The Great Director 8.03 pm, Channel 12 A fascinating insight into Charlie Chaplin's artistic style and ideas. Part of a documentary trilogy, this episode uses a mass of uncut rushes and previously unknown footage from Chaplin's early comedies. c CHANNEL 5 2.30 PM SBC1,173 words
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Miscellaneous48 1985-04-02 9 Play golf the Sewy way THE &E.ST VJ&NTO PUTT \S NNVTH fK PENPULUtA AsCT\ON, UKE IN t\ G«/*4P PATHER CLOCK, NNITYA TVAE t-\PsND3 PsNP PUTTER IAOVING BACK PsMP PQRWAKP ACT THE SWAE SPEEP THE N\OST »NNPOKT>MT THING \S TO VV\VE x GOOt? RHNTHWS. VII m i m j48 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration738 1985-04-02 10 Privatisation of NTT closely watched NYT A SERIES of measures designed to reshape Japan's telecommunications, financial and tobacco industries and open them to foreign competition have been put into effect. Foreign companies are hoping that the changes will spell new opportunities for them inNYT - 738 words
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284 1985-04-02 10 Reuter AMERICAN HOSPITAL Supply Corp (AHS) and Hospital Corp of America (HCA) have agreed to merge. Karl Bays, chairman and chief executive of AHS, and Thomas Frist, president and chief executive of HCA, said the agreement was unanimously approved last Saturday by directors of bothReuter - 284 words
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559 1985-04-02 10 NYT AIRBUS INDUSTRIE, the European airliner manufacturing consortium, is studying options for diversifying sources of finance for developing its planned long-haul four-enged plane, the TA-U. This is part of a review of the Airbus organisation being carried out by M Jean Pierson, theNYT - 559 words
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Page 10 Advertisements
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Advertisement106 1985-04-02 10 zxsg mem mi A TT 801 Ss »f=2> W-* "s? ;T wrnmm~~—m~—mm MAKf: ASPIU I.IVVK AfThP WVJAUYDAY W THE BAR Perk your spirits with a tall, cool drink at our 'disco-lounge'. Or pit your skills against a friend's at backgammon or chess. Our Dee-jay spins the latest hits and your106 words
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Advertisement74 1985-04-02 10 .<• >\* 5* HOTEL ASIA Many happy mum 37 Scons Road. Singapore 0922 Tel *****88 T«*» R*****3 HOTASIA dJ5@ K mo m r> P §5* VS n ST* 5» >> ss The 24-hour coffee house that offers you a superb menu from Western and local dishes to nightly Satay and74 words
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Advertisement71 1985-04-02 10 0 erraee Garden Time: 12 noon 2.30 pm Price: $12.00~ Fashion Show: 1.15 pm Models by: llKirl/UHHI Modelling Agency Clothes by: Day In Night Out PRESIDENT MERLIN HOTEL SINGAPORE 181, Kitchener Road, Singapore 0820 s- J Tel: *****22 /HmA Daily new Businessmen's Lunch at only $12.50+ Today: Potage Rarmentier Boiled71 words
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Advertisement133 1985-04-02 10 m r r-. 9 m Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discnminating gourmet. Special business lunch at $16++ each and $20++ each (min. 2 persons). Over 50 a la carte specialities are also available. FURAMA SINGAPORE HOTEL 10 Eu Tong133 words
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Advertisement110 1985-04-02 10 Continuing the Prtncr rtoieh tradtoon of fftowSy xrvw 270 Orchard Road Singapore 0923 Telex: RS ***** rtCROWH Cable: CROWN MOTEL Tac: *****18. Tel: 7321 111 4* A >1 lY* Brass rails, an ctchcd |W\)L/ j glass dome, a celaxed. I*\r(l4 y friendly atmosphere, and ("I —great provincial French C, cuisine110 words
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ASIAN STOCKS
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Article409 1985-04-02 11 HONGKONG: Shares rose moderately in active trading yesterday as profit-taking towards the close trimmed strong gains in the morning. Stocks opened sharply higher, partly due to an unexpected halfpoint cut in local interest rates, taking the Hang Seng Index to 1,400.83 at mid-morning, its highest in a month. Brokers409 words
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Article214 1985-04-02 11 AM 01 Al Smcere Indus Asm C ement MT 4 23 24 306 Lien Hwa Indus Nan Yo Plas -0 09 Pacific Cons 0 308 Pocific Elect Si 7 Wre 11 50 27 30 1950 1600 -0 65 -02 -II -06 Chang Hwa Bank 51 00 1940 unch 0.2214 words
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Article333 1985-04-02 11 TOKYO: Share prices rose in very active trading yesterday on investor enthusiasm for the start of a new financial year, driving the market average up 86.67 to a record high 12,676.87 at the close. Turnover was 550 million shares against 300 million in Satur- day's half-day when the average333 words
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Article110 1985-04-02 11 MANILA: Share prices closed generally easier in quiet trading yesterday. The Commercial A Industrial Index eased 0.38 to 132.10, the Mining Index fell 4.25 to 689.08 and the Oils Index was unchanged at 0.607. PLOT was down to 32.50 from 33. AM 01 Morste«( 0 0014 unch On*o»a( B110 words
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Article310 1985-04-02 11 SYDNEY: Share markets closed slightly easier yesterday in active trading with interest in situation stocks keen. The All Ordinaries Index closed 0.6 lower at 829.1 points, the Gold Index rose 8.7 to 836.5, the All Industrials Index fell 0.4 to 1,191.0 and the All Resources Index dropped 0.8 to310 words
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Article168 1985-04-02 11 BANGKOK: Share prices closed mixed in moderate trading yesterday. The Book Club Index rose 0.13 to 131.08 and turnover totalled 148.2 million baht against 130.8 million baht previously. Siam Cement led activity with 105,272 shares traded. It closed six baht higher at 633. Maboonkhrong gained four to 126 and168 words
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Article71 1985-04-02 11 APR 1 Won Hyundai tomt Hyundai Motor 903 580 unch 13 600 unch 662 +2 578 3 649 4 Commercial Bk 640 508 unch 38 Korea Ol. 1738 385 -12 31 440 -14 615 7 +5 +29 unch ■9 12 710 -10 Dong Ah 519 Samsung EWc Somhwon 85071 words
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Article81 1985-04-02 11 AP CHRYSLER chairman Lee lacocca is to visit Seoul from April 18 to 20 to discuss a possible joint venture with the Samsung group to produce car parts there. Samsung hopes to be able to conclude talks, underway for some time, and to sign an agreementAP - 81 words
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385 1985-04-02 11 FT THE TURKISH Cabinet has approved a joint venture by Mitsui Bank of Japan, Chemical International Finance of the United States and a group of construction companies headed by Enka Insaat of Istanbul. The bank, which is to be known as Chemical-Mitsui Co, will beFT - 385 words
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282 1985-04-02 11 FT A RECORD number of Japanese corporations invested in the creation or purchase of US manufacturing affiliates last year. A survey by the government-af-filiated Japan Economic Institute (JEI) said the increase meant that at the end of last year Japanese corporations controlledFT - 282 words
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Article102 1985-04-02 11 Reuter SONY CORP plans to float a 30 billion par-priced Euroyen 15-year convertible bond and a 100 million Eurodollar five-year par-priced bond with warrants. Payment is due on April 17. Both will be signed for on April 9. Conversion requests by holders of Euroyen bondsReuter - 102 words
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Page 11 Advertisements
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Advertisement488 1985-04-02 11 V i' -f'. ..i: 1-; pr% v .m- y# M 1 > r Pi' WJ ii a L'i-A V V I x We're blasting oft tonight and every night at Para Wave Discotheque Take off to the stars groove to the pulsating rhythms spun by the dynamic music makers. Solosa488 words
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Advertisement51 1985-04-02 11 Qsbf restaurant T Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridien 3rd Storey (near hotel lobby) 100 Orchard Road #03-100 Singapore 0923 i Tel: *****22 L HolH parking lee reOeemaWe .111 OfUWJ IWI 214 Duneam Road Singapore 1129 Tel: *****4951 words
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RAW MATERIALS
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Article, Illustration580 1985-04-02 12 KL government asked to shed some light Bernama RUBBER PRODUCERS in Malaysia, claiming that there have been apparent conflicts in government's viewpoints with regard to the rubber industry, have called on the government to throw some light on the future of the industry toBernama - 580 words
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236 1985-04-02 12 AP PRESIDENT REAGAN has ordered the suspension of fees charged on the imports of raw sugar into the US and directed the US International Trade Commission to look into the situation. In a proclamation issued by the White House, Mr Reagan said he had beenAP - 236 words
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Article259 1985-04-02 12 NYT THE MARKET for soybeans, one of the world's leading sources of protein and edible oil, is confusing US analysts, commodity brokers, farmers, processors and foreign nations. One of the problems seems to be that the soaring value of the dollar has caused foreign buyers toNYT - 259 words
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Article79 1985-04-02 12 AFP BANGLADESH is likely to reach its target of producing some 44 million kg of tea this fiscal year. Production last year on the country's 152 estates fell sharply to 38 million kg, leading to reduced exports of 27 million kg. The country wants to exportAFP - 79 words
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280 1985-04-02 12 AFP TIN PRODUCERS and consumers aired their views, but did not state their positions, on possible improvements to the current sixth International Tin Agreement at the first meeting of a preparatory committee on a new seventh accord. At this preliminary stage, observations by participants wereAFP - 280 words
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Article113 1985-04-02 12 Bernama MALAYSIA produced 3,616 tonnes of tin-in-concentrates in January, 262 tonnes more than in December last year, according to the latest figures from the Statistics Department. Tin output in January was, however, 246 tonnes less than produced in the same month last year. While only 3,616Bernama - 113 words
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451 1985-04-02 12 AP THE LATEST US government figures showed that America continues to lead the Soviet Union in agricultural efficiency, although the Soviets dominate in the production of some commodities. According to recent US Agriculture Department reports, for example, SovietAP - 451 words
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Article148 1985-04-02 12 Chinese Produce Exchange (Sellers' noon closing prices on Apr 1 SS/100 kg). Coconut oil Bulk FOB 155 00 CM drum FOB 168.00 New drum FOB 172.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier FOB NSW 477 50 396 00 248 00 330 00148 words
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Article282 1985-04-02 12 Singapore C-l Ord unq (S$/kilo, ex-god own) Loonzain Rice Fragrant new crop 100% 1st grade 100% 2nd grade unq 227 1st 2nd U BO 065 100% 3rd grade unq 3rd 060 Parboiled Rice New Crop 5% 227 25% no stock 10% 222 10% no stock Maize Thai Broken unq282 words
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Article117 1985-04-02 12 THE Koala Lam pur Tin Market price rose eight cents to M 529.52 per kg yesterday, within the International Tin Agreement lower range of $21.15 and $32.9«. Dealers said the lower disposal of 59 tonnes, against 71 on Friday, aided sentiment. They attributed the small offering to miners117 words
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Article161 1985-04-02 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,550 Blue Phoenix 20's 2,700 Blue Phoenix 32's 3,300 Blue Phoenix 40's 3,650 Carded yarn, hank Blue Phoenix 21's 2,900 Combed yarn, cones Blue Phoenix 32's 4,350 Blue Phoenix 40's 4,500 Open-end yarn 2,400161 words
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Article342 1985-04-02 12 RAS prices m S cents/kg, FOB in b ■ales NOON CLOSE Buyers Sdta? Buyers SeHers Int 1 RSS Prompt 170 00 171 00N 171 50 172.25N Int 1 RSS Apr 85 170 50 171 50 171 75 172.75 Int 1 RSS May 85 176 00 176 50342 words
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Article136 1985-04-02 12 MALAYSIAN crude palm oil prices closed higher in quiet trading on light covering interest yesterday. A firmer Chicago soyoil futures close last week aided sentiment. Interest again centred on the April position, with south region rising Ms2s to $1,390 per tonne and central up $10 to $1,375. The136 words
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Article241 1985-04-02 12 SINGAPORE The market closed steady yesterday with April One RSS buyers quoted at 171.75 cents per kg, unchanged from last Friday's close. Prices were marked down 1.25 cents at the outset and remained unchanged in subsequent morning trading. The market recovered to last Friday's levels in quiet afternoon on241 words
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Article990 1985-04-02 12 COFFEE Robusta futures ended a subdued featureless morning yesterday with gains from last Friday's close of £38 to £25. July finished near its high at £2,240, up £25. The market roughly matched expected New York-based opening gains of £10 to £20 and advanced further in thin volume as990 words
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Article108 1985-04-02 12 (cents/kg, 1-ton polkts) APRIL 85 MAY 85 (current month) (forward month) RAS NOON NOON Buyer* Seller* Buyers Sellers SSR 20 175 00 177 OON 176 00 178 OON SSR 50 172 00 174 OON 174 00 176 OON MRELB Buyers ScHcn Buyers Sellers SMR CV 222 00108 words
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SHARE INFORMATION
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Article, Illustration4102 1985-04-02 13 SELLERS continued to chip away at share prices yesterday in another quiet session of trading at the Singapore stock market. Major indices fell marginally in the absence of buying interest. The BT Composite Index fell 1.96 points to 728.48 while the4,102 words
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Article267 1985-04-02 13 SINGAPORE Rises Indices C 4 C 406 ICS 680 A Enttfpran 432 Hong Fofc 113 Pook Huo 438 M tanking 600 (M4 Do 515 UOl 215 Euo SO* 270 City D*» 50« 137 Gwnnau 50« 168 FELS 300 Falls 12 10 10 9 ♦6 5 5 5267 words
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Article3233 1985-04-02 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".3,233 words
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Page 13 Advertisements
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Advertisement64 1985-04-02 13 KL market report and Buainaaa dona on tha KLBE Saa paga 14 Jockey Chris Englund, five times Derby winner, is confident of his sixth and greatest win with the promising thorough bred. Knidos But someone has determined with deadly finality that Knidos isn't going to win someone with millions to64 words
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COMPANY NEWS
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Article, Illustration1238 1985-04-02 14 LORETTA McLAUGHLAN - We begin today a series of profiles on the five publicly-listed companies in which the government, through Temasek Holdings, holds minority stakes. They are Acma Electrical Industries Ltd, United Industrial Corporation, Intraco Ltd, National Iron Steel Mills and Chemical Industries Ltd. Under the government's proposed1,238 words
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Article214 1985-04-02 14 Monogers' prices MARA-Bumiputra for April 2 First B putro S*cond B'putro 5.66 3./I 4 87 4 92 Singapore Unit Trust Third B'putra Fourth B'putra 4.18 4.23 4 62 4 67 TV* Commerce 2.13 2 26 Fifth B'putra Sixth B putra 3.15 3 20 The Sovmgs Fund 1.47 *1.56214 words
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Article85 1985-04-02 14 HONGKONG Hang Seng Index Monday 1389.13 Friday 1382.04 Week ago 1362.23 Australian Industrials Monday 1190.6 Friday 1191.4 Week ago 1179.7 NEW YORK TOKYO Tokyo Dow Jones Monday *****.87 Friday *****.76 Week ago *****.26 Dow Jones Friday 1266.78 Thursday J260.78 Week ago 1267.45 LONDON TSE Index Monday 999.30 Friday85 words
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Article210 1985-04-02 14 OVERSEAS UNION SECURITIES Limited: AGM at the Mandarin Court 'A', Mandarin Hotel, Orchard Road, Singapore 0923 on Apr 25 at 11 am. CARLSBERG BREWERY MALAYSIA Berhad: Fifteenth AGM at Ladang Perusahaan Shah Alam, Selangor on Apr 29 at 11.30 am. THE INSURANCE CORPORATION of Singapore Limited: Fifteenth AGM210 words
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Article, Illustration570 1985-04-02 14 FLORENCE CHONG - By FLORENCE CHONG in Sydney HAVING secured a little over 30 per cent interest in Australia's largest property concern, Hooker Corporation, Malaysian-born businessman Lee Ming Tee has reiterated his long-term interests in the group. When the three-month battle for control of Hooker570 words
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424 1985-04-02 14 SHARE PRICES continued to lose ground at the Kuala Lumpur stock market yesterday due to lack of interest among investors. However, several situational issues attracted fresh buying support and closed against the general trend. Overall, most counters recorded small losses. The market424 words
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Article2431 1985-04-02 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified INDUSTRIALS Ajinomoto (3.705) A Choc (2 356 2 40S) (1)22,431 words
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637 1985-04-02 15 NAJEEB JARHOM - By NAJEEB JARHOM WHILE Singapore Fodder Co Ltd has brought some cheer to shareholders by returning to the black, its counterpart in the animal feed industry, Gold Coin Ltd, continued its profit decline for the second consecutive year. However, Gold Coin637 words
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313 1985-04-02 15 HARRISONS Malaysian Plantations Bhd, headed by the former governor of Bank Negara, Tun Ismail bin Mohamed Ali, has been granted a secondary listing on the Stock Exchange of Singapore. Trading is expected to begin this week. The company, one of the largest plantation owners313 words
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494 1985-04-02 15 NEWLY-LISTED Jurong Engineering Ltd has exceeded all expectations, earning a hefty 23.1 cents a share last year against an adjusted 15.8 cents in 1963. The company, which went public in the middle of last year, has its higher turnover, interest income, associate companies' contribution and494 words
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Latest
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Article35 1985-04-02 15 Group pre-tax profits for the year ended Dec 31, 1984 fell 40 per cent to M 510.2 million from $17 million. No dividend has been announced for the year just ended.35 words
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521 1985-04-02 15 CHAN OI CHEE - By CHAN OI CHEE DIRECTORS of Leong Huat Industries Ltd are negotiating with several parties on a possible restructuring of the beleaguered steel products manufacturing company. The nature of the restructuring and the directors involved in the preliminary discussions were not disclosed521 words
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868 1985-04-02 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN THE LATEST CROP of results from the hotel sector continues to paint a bleak picture: last year got progressively worse for most companies and no improvement is expected in 1985. One of the poorest performances yet in the industry comes from Town868 words
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298 1985-04-02 15 SIGMA METAL Co Ltd. which is acquiring a strategic 22 per cent stake in marine and property-based Pan-Electric Industries, plunged into the red last year in spite of a higher turnover. During the year to Dec 31, 1984, the aluminium298 words
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Page 14 Advertisements
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Advertisement85 1985-04-02 14 NEED A DIRECT LINK TO U.S. FOOD SUPPLIERS? THEN AIMS CAN BE YOUR ANSWER! AIMS is a free service of the U.S. Department of Agriculture designed to help buyers of food and other agricultural products contact approppriate U.S. suppliers. Requests for U.S. food products will be relayed immediately for processing85 words
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Advertisement13 1985-04-02 14 TIMES Business Directory of Sin&i|M>rr Km* i i, PROVIDE THE FULLEST COMPANY'S PROFILE13 words
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Page 15 Advertisements
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Advertisement26 1985-04-02 15 A Change of Telephone Number with effect from Saturday, 6 April, 1985 the telephone number for Singapore Refining Company Pie Ltd will be changed to *****4426 words
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Advertisement58 1985-04-02 15 r CONGRATULATIONS ABN Bank SINGAPORE on the Official Opening of their New Office 18 Church Street Singapore 0104 Undeteves-Jacobeig (Far East) Pte Ltd is proud to have supplied and installed the Pneumatic Tube Cash Handling and Mail System by TT-ryrs ERGON TRANS BV HOLLAND Manufacturers of Rallypost "the other" Telelift58 words
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Article546 1985-04-02 16 JEFFREY TSANG - By JEFFREY TSANG TRAINING for computer-aided design, manufacture and engineering (CAD/CAM/CAE) will receive a boost with the set-up of another training unit by the Economic Development Board. The unit, a cooperative venture between the board and Hewlett Packard, the US computer instrument manufacturer, will take546 words
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Article292 1985-04-02 16 FACTORIES are rushing to automate without carrying out pre-automation studies, which results in little improvement and lots of frustration. Instead, an overall automation plan should first be made taking into account organisation issues such as unions, training, management support and communications, said Mr Victor Ang, general292 words
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Article, Illustration585 1985-04-02 16 THE NATIONAL labour body would discriminate against nonunion members in future with a new strategy adopted by the National Trades Union Congress. The announcement was made by national union chief Ong Teng Cheong yesterday, who also said NTUC would review its organising secretariat585 words
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218 1985-04-02 16 AFP TWO LEADING Hongkong companies, Hutchison Whampoa and Cheung Kong Holdings, both controlled by Hongkong property king Li Ka-Shing, yesterday reported reduced profits. Conglomerate Hutchison announced profits topping HK$l billion for 1984,12 per cent down from the pevious year, while property concern Cheung Kong reportedAFP - 218 words
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174 1985-04-02 16 Reuter PETROL prices in Jakarta went up by 10 per cent yesterday as the Indonesian government went aheadwith the introduction of value-added tax (VAT). Long queues were seen in most petrol stations in Jakarta last Sunday and shopping centres reported heavy weekend salesReuter - 174 words
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Article140 1985-04-02 16 Bernama Malaysian Trade and Industry Minister Tengku Razaleigh Hamzah yesterday said the government might change its liberal attitude towards export-oriented industries if they are unable to show their competitive ability in the world market. Though the government had said that its policy of protection for domestic industriesBernama - 140 words
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Article151 1985-04-02 16 THE UNITED Overseas Bank will open its Osaka branch in Japan next month. This will bring the number of UOB's worldwide branches to 100. The branch in Semba, the main business district of Osaka, will offer a complete range of banking services. It151 words
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357 1985-04-02 16 HONG FOK Corporation has decided to delay completion of Henderson Industrial Park by four years because of the current market conditions. So far, only three of the nine blocks of flatted and terrace factories have been completed. Of357 words
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480 1985-04-02 16 SINGAPORE-Indonesian cooperation on the development of Batam will feature in talks between Prime Minister Lee Kuan Yew and President Suharto during Mr Lee's visit to Indonesia beginning today. Indonesian Ambassador to Singapore, Rais Abin, said during the weekend that Batam will be discussed within480 words
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Article68 1985-04-02 16 WALL STREET stock prices were lower in early trading yesterday. Analysts expect prices to remain in a narrow range as investors, cautious over upcoming first-quarter corporate returns, lack the confidence to pull the market out of its current slump. The Dow Jones Industrial Average was off over68 words
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LATE FILE
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Article34 1985-04-02 16 Reuter KUWAITI Oil Minister Sheikh Alial-Khalifa Al-Sa-bah has voiced concern over Opec countries' use of barter deals to sell oil, saying they pose the gravest threat to the organisation. ReuterReuter - 34 words
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Article37 1985-04-02 16 UPI SAUDI ARABIA, the world's largest oil exporter, has announced a drop of more than 30 per cent in its 1984 revenues due to "continued weak demand" in the international petroleum market. UPIUPI - 37 words
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Article40 1985-04-02 16 Reuter BURMA'S gross domestic product for fiscal year *****5 grew by 6.6 per cent but export earnings fell from US$375 million to $323 million. Officials said GDP rose from $2,056 million in 1963-84 to $2,193 million. ReuterReuter - 40 words
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Article69 1985-04-02 16 Reuter A HONGKONG court yesterday wound up six months of hearings against George Tan and four others over fraud conspiracy charges linked to the collapse of the Carrian group. Magistrate court officials said more than 50 witnesses testified, giving nearly 10,000 pages of evidence since the committalReuter - 69 words
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Article37 1985-04-02 16 Reuter IRAQI AIRCRAFT bombed Teheran early yesterday, killing at least 15 people and wounding 50 in one of the most deadly raids since attacks on the Iranian capital began on March 12. ReuterReuter - 37 words
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Article40 1985-04-02 16 UPI US PRISONERS have threatened to teach subway gunman Bernhard Goetz "a lesson" if he is imprisoned for shooting four black teenagers, his lawyer said. "What chance would he have in jail?" Attorney Barry Slotnick asked. UPIUPI - 40 words
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Page 16 Advertisements
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Advertisement52 1985-04-02 16 BELOW S3 50 PSF BRAND NEW OFFICE PREMISES With 100% wool carpets, window blinds, wall paper, under-floor phone/ electrical trunking. private pantry/ toilets and generous rent-free fitting out periods f Ro/mm I a itrc 112 ROBINSON ROAD CALL *****44 6CSI PROPERTIES S PORE PTE LTD :n c Wf niA T52 words
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Advertisement170 1985-04-02 16 Continuing cordial tio», Pago 8 B EXPORTS. THE WINNER r. VV: 12 a 9 13 14 V- &■> Ki O 11 In more ways than one with Export Credit Insurance. Because with our support, you can be insured against losses on your export sales you can offer more competitive credit170 words
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Page 16 Miscellaneous
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Miscellaneous55 1985-04-02 16 Outlook for today: Portly cLoudy; showers in several areas in the afternoon. Report for 24 hours prior to 7.30pm on April 1 at the atrport: Maximum temperature 31.6 Associated humidity 67 Minimum temperature 34.7 Associated humidity 96 Hours of sunshine 5.30 Rainfall in millimetres Nil Rainfall this month Nil i55 words
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SHIPPING TIMES
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281 1985-04-02 17 SHIPOWNERS in Hongkong and the United States were most active in the market for new ships last year, compared with owners in other parts of the world. A review of world trade and its effect on the shipping market in 1964 by Lev281 words
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472 1985-04-02 17 IN A bid to reduce overtonnaging in the US-Middle East trade, Nedlloyd and Barber Blue Sea (BBS) have entered into a space chartering and co-ordi-nated sailing agreement. This was announced by Mr J J Van Steenbergen yesterday, Nedlloyd's trade director for North America and Mr472 words
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Article667 1985-04-02 17 1 1 ft, C«l Afea VI 3 Ahrenkiel Liner V 4 Andeka Shpg VII 1 ANL 1 1 APC Line V 4 APL HI 4 ASCL HI 1 Asiabroker V 5 Austasia Line V 1 Bolt-Orient VII 4/5 Bangkok Cont VI 2 Bank Line V 5 BBS667 words
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PORTSIDES
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Article80 1985-04-02 17 A 43-ton SOUTH Korean fish carrier with six crewmen aboard sank in Kanmon strait after colliding with a 3,462 Japanese cargoship but all its crewmen were picked up by the Japanese vessel, the Japanese Maritime Safety Agency said. The No 7 Dae-Bo was on its way to Takamatsu,80 words
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Article38 1985-04-02 17 SRS Reefers, the company which emerged from the wreckage of the Saleninvest Group to manage it« reefer ships, has changed its name to Cool Carriers and continues to operate a fleet of more than 60 vessels.38 words
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Article65 1985-04-02 17 AN Italian ship carrying 10,000 tonnes of food, medicine and other relief supplies will leave Naples on July 21 for a tour of drought-stricken African states, it was announced during the launch of a fund raising drive for the operation. The cruise by the vessel, baptised the65 words
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Article67 1985-04-02 17 AFP DUTCH shipbuilder Van Der Giessen-de Noord has received an order from Indonesia for the construction of a polyester mine hunter, maritime authorities in Holland. The value of the deal was put at 100 million Dutch guilder (US$27 million) and should provide work for some 450 people.AFP - 67 words
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745 1985-04-02 18 Reuter OIL TANKERS have glided daily past Willemstad's picturesque 18th-century waterfront for years on their way to a refinery hiddendiscreetly behind low hills. The Venezuelan crude processed there has been the lifeblood of this Dutch Caribbean island for nearly 70 years. ButReuter - 745 words
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Article202 1985-04-02 18 MITSUI Engineering Shipbuilding has delivered a unique energy-saving ore bulk carrier to joint owners Mitsui OSK Lines and Sawayama Kisen Kaisha. The new 197,060 dwt vessel has been named the Asakasan Maru. It is highly fuel-efficient, and has the living quarters aft of the super structure202 words
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339 1985-04-02 18 Reuter NORWAY, a member of the Nato Alliance, has announced legislation requiring registration of ships taking oil to South Africa. Anti-apartheid groups say Norwegian tankers carry one-third to one-half of South Africa's oil. Under Norway's planned new laws, imports from SouthReuter - 339 words
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Article534 1985-04-02 18 April 1-2 Maritime economists' conference, Polytechnic of Central London. April 1-4 "Into the *****: private enterprise and public control of North Sea resiurces," Greenwich Forum, Leith Nautical College, Edinburgh. April 1-2 Copper alloys in marine environments, Copper Development Association conference, Edgbaston Banqueting Centre. County Ground, Edgbaston, Birmingham. April534 words
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Article1856 1985-04-02 18 INCREASED chartering has developed for grain out of the US Gulf with several vessels being arranged for Continental discharge at dearer rates, shipbrokers said. Three grain vessels were reported fixed from the Gulf to Holland at US$lO and one at $9.50 with business last week having received $9.25.1,856 words
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247 1985-04-02 19 Kingsley Wood - P 0 lifts profits up to A$ 13.85m By Kingsley Wood P O AUSTRALIA Ltd lifted 1984 pre-tax profits 35 per cent up to A 513.85 million, and is ready to expand its main areas of activity. But managing director Brian Baillie said any acquisition would have to be at247 words
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Article508 1985-04-02 19 Lloyd's List THE Reagan administration is aggressively pushing its deregulation policy in the maritime sector. Within days of announcing a more liberal plan for allowing subsidised operators to switch their trade routes, the US Maritime Administration (MarAd) has announced another proposal for, in its ownLloyd's List - 508 words
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Article186 1985-04-02 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. Australia/Straits Container Line.186 words
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Article124 1985-04-02 19 THE ITALIAN government has banned ships over 10,000 dwt from using the Straits of Messina while clearer rules for navigation are worked out. The narrow waterway between Sicily and the mainland will be restricted from April 10 until May 18. Smaller ships carrying oil and124 words
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273 1985-04-02 19 JARDINE Matheson's withdrawal from shipowning hardly created a stir among the Hongkong shipping community. The pull-out was already obvious from events in the past few months. Bankers and other owners with a share in Jardines' ships had been informed of the decision, and the273 words
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3919 1985-04-02 24 3®aßGms A guide to ships loading at Singapore tor 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.3,919 words
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Article519 1985-04-02 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Blsllg Bay K17 P Simons alongside 2.4.85/2300 Foochow K19 Sin Chiao alongside 2.4.85/0600 Frotadurban K10 Merlion alongside 2.4.85/1100 Makmur K25W SSPL alongside 2.4.85/1830 Ned Loire K12 N-EAC alongside 2.4.85/1700 P'ess Almalyn Kll Unlpacific alongside 2.4.85/1500 Berdikarl K27519 words
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Article687 1985-04-02 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location Mono Stri Bhum B Seroja Jenknk Chev Paul Gold Leaf Maersk Rando Ming Energy Uni Modest Prof Rylke Selandia Nantai 7 China Cont Sea Hawk687 words
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Article1841 1985-04-02 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B AFEA Afn< an Shipping Agen< irs iS> (Irt-Kimta liar Tuaser.tip < S• Akreaklel Uaer Ser\lre Kim Shpg 'Si Alfred r Taepfer Oceanus Shipping Agen ctes (Si Marintex Enterprise IPKI AI par Intrasea <S> Bintang1,841 words
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Page 17 Advertisements
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Advertisement564 1985-04-02 17 £r k Published by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A memOe* o' 'f*e times oigoriafior Ss6 50 [I mm II SHELL and the Curacao government are currently deadlocked in negotiations II THE Reagan administration is pushing its deregulation policy in the maritime564 words
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Advertisement206 1985-04-02 17 UASC NATIONAL LINE OF BAHRAIN, IRAQ, K EXPRESS FULL CONTAINER SERVICE UNITED ARAB SHIPPING CO (SAG| SEALORD SHIPPING AGENCIES '0 Sh»nton Wiy 04 07C M«r.n» Mou»« Smg»por» 0207 T«l *****94 Tel.. No RS ?S4 i<»| CFS oftic# TPC 03 30 T»l *****31 »nd *****32 T«rmin«l oM>c» TPC -03-29 To) No206 words
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Advertisement959 1985-04-02 17 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE EXPORT TO USA. EUROPE, MIDDLE EAST. WEST AFRICA ASIA 4 2/5 4/5 LAUST MAERSA •SfUGAPORE CIOSMG IMS CY 1/4 1100HRS CFS 7/4 2300H8959 words
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Page 18 Advertisements
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Advertisement314 1985-04-02 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA ns ace (MKLI ace SMOKAM MMU NED VAN ICCK TOHGO MMU Id MY Vfsse* MAR«» glory act MR ACf FAMttY ACE Acceptint FCI shipments to: Iran. Affhmstan, E. Germany, Bdfiun. Frtjnd. Hunfiry, Rumania. Bul(aha. Poland. Yugoslavia. Czechoslovakia. N. Germany, Norway, Sweden. Denmark.314 words
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Advertisement275 1985-04-02 18 Supercarrier Service I. klm MXT ARRIVALS BARBfR PRIAM 9/4 BARBfR HECTOR 17/4 BARKR TOBA 8 5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BARBfR PRIAM t BARMR KCTORt BARBfR TUt BARBfR IO6At tAlso Kceptnf contrs lor Houston (MLB) S frjncnto Oakland Stockton and San Dwfo I Anfrtes TO:275 words
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Page 19 Advertisements
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Advertisement937 1985-04-02 19 The Straits Steamship Group i i(i Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok to Part/03 Apr 06 Apr 09 10 Apr 12 13 Apr PEGASUS nw ft casus fdaoi LtHj 21/4 «l/ 5 )Tbw| Brtm 20/4 21/4 •4/5 00/5937 words
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Advertisement611 1985-04-02 19 NOTICE CEYLON SHIPPING CORPN National Line of Sri Lanka We are pleased to announce our twice monthly direct service to Red Sea ports of Hodeidah, Jeddah and Aqaba. Ceylon Shipping Corpn. will deploy relatively new veeeela on this fully containerised service. The service from Singapore commences on April 9th 1985611 words
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Page 20 Advertisements
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Advertisement647 1985-04-02 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK Liverpool Bay Il*yO U1 Ritano Mara Thames Maru Crty ot Ednkw M» Express Car iff an Bay Ouka Ba? On c*ria|« to Scandinavia, Med, Cambean tS. Amenca Mand hauUre to inland destinations in Europe I TO EUROPE/MED Spore PKolant Genoa Hbur( Rdam Bhaven Antwerp AIMUBARAHIAHI4/4 16/4647 words
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Advertisement324 1985-04-02 20 K.&line MQM(* J* P* %t J' J». FULLY CON TAINE R I S E D SERVICE TO EUROPE VIA SUEZ "1 Memfc.- ot the Ace Comat**n CMNA CONTMCR 29N KOHAM CHANCE 21* HONGKONG CONTAMX 44N OMENIAI am 43* CWVALO *02 43* Spar. f K riant 3/4 1/4) 10/4 8/4) 17/4324 words
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Advertisement587 1985-04-02 20 THONG SOON AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88 TELEX: RS ***** BOOKING: *****56 (DIRECT LINEI SINGAPORE TO PENANG •JENSON IV SMR 7/85 In Port •EQUATOR V SMR 6/15 3 Apr •JENSON IV SMR 8/85 9 Apr *Wrth Dry I Reefer Container Service CONTAINER FEEDER SERVICE587 words
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Advertisement506 1985-04-02 20 EVERGREEN Full Container Servce I Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED /FE) O I Round-The-World West Bound Service (FE/W MED./EURO/USEC/CARIB/FE) fibo m sgp motio va uu UN-HAKBOME Irfort fW LNIHG 25/4 unmooest 3/4 no ono mi aunt 4/4 no lokng 25/4 un nam u/« no lw n/s UN-FORTUNE 14/4 HO506 words
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Advertisement209 1985-04-02 20 CIS I NOSE MARITIME PTE LTD KtfTl ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES TfcMMMi LmMh tar l«/ 4 I. IMas. B. SHOSt IMMTMI PTE ITO IB ******4/7 i *****70 MM.OSE MMBTME SON BHO T«l *****2/3 IMLAYSK TMOE t TMRSPOBT ITO T« S7W3 I ***** KYOWA LINE SHGATOtt tost209 words
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Advertisement884 1985-04-02 21 v\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE HONGKONGSINOAPORE LOADING FOR: KOTA SALAM E-Sst 10-11/4 15-IS/4 ADEN, HOOEK) KOTA JAVA E-SSI 1-2/4 S-S/4 DJIBOUTI. HOC ICOTA MUTIARA CP/I/tS 12-13/4 17-20/4 REUNION. TAN KOTA SEJATI E-553 2S-2S/4 M/S ADEN, HOOEIO884 words
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Advertisement807 1985-04-02 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE Eiprtn SaAoO Sato) SjM SaM SaM Tharnrt Mara Sited SaM SaAaO SaM SaM City ai EMwfk SaM SaM SaM SaM 3/4 tamn SaM 1/4 5/4 1/4 ToMoEipreu 3/4 5/4 4/4 1/4 10/4 Car«c«i Bay 12/4 14/4 15/4 17/4 15/4 Osaka Bay 15/4 21/4807 words
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Advertisement463 1985-04-02 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST S'PORE SERVICE FULL CONTAINER VESSEL. BUSAN TOROHAMA KOK KAOHSRWG HK STOW TG-PRW MAMTAMT ¥IS W t/3 1/3 GONA Kit m 2C/3 21/3 10/3 10/3 11/3 3/4 17/3 23/3 25/3 4/4 4/4 10/4 EAST BOUND stow SOWN *7EB 7/4-12/4 (DtSC OUT) VICE TO/FI WEST463 words
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Advertisement521 1985-04-02 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loadmg for Rantoon Spore P.Kebnj Pen** Pagan VB5 29/31 Mar Hushwegyawywa V2S2 1/10 Apr Hyomaywa VJ9 20/24 Apr BANK LINE BK>.MM T i>:«(ili flKi .il SPORE R'DAM HULL HMBG IVYBANK 19 Apr 15 May 18 May 21 May CLYDEBANK 5 May521 words
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Advertisement1232 1985-04-02 22 A IV LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEEDER HI MOTHER VSL SPORE PKI6 PNG SPORE NAGOYA GUAYAGI* CALLAO ARICA IQUQK AfAGASTA S ANTOIBO *ALPARAISO MONTI RUBY *2t MARITSA SKMTIS VWO2 3 Apr 4 Apr 5 Apr 7 Apr 23 Apr 25 May 2 N*» Stoi 7 kit I tan1,232 words
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Advertisement504 1985-04-02 22 s£i ii Qy; ///r CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE luldiflf to. LOS ANCftfS SAN FRANCISCO SEATTU. lACUMA VANCOUVER BC Accepting FCI FCI Containers t Reianj Singapore I Angeles WATEPOT J/1# M*y S Iww AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI'FCI Containers 20/21 Apr 29/30 Apr 1/2 May 18/19 May504 words
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Advertisement467 1985-04-02 22 SANKD ASIA FROM JAPAM€S€ PO«TS ANO HOMOKOWG GOLDEN LINE GUM* Gt" N SHIPPING (PTE) LTD K«m| Tm( Pmeoi Ba* BiM*( (0 Cod Sfrttl. 4 SMGAPORE 0104 TEL 221J790 (10 L*S) I Tat Kujli Lianpw B*2ll f >W« 317*1 Ptnaw ](S4|t Pm Gate* Afent OROIT LLOYD <M) SDN M TEL K370467 words
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Advertisement537 1985-04-02 22 INTRASEA (PTE) LTD. 10 Anson Road »27 16 International Plaza Singapore 0207 Tel *****1 1 1 1 0 Ur*es) <► BREAKBULK SERVICE TO EUROPE/UK OCCAM MM) *****03 FORT NELSON *****05 S pare P Ketone Loadhi( ler:(Apr SETE ART/ROTT/UA (AVON) 20 Apr 23 Apr ROTT/ANT/U.R (AVON) AND R.M.Z.\jki S pore P537 words
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Page 23 Advertisements
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Advertisement610 1985-04-02 23 iikNOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C CONTAINER S pore Closing Times: FCL Cargo 2359 2/4 LCL Cargo 1200 2/4 FROM EUROPE (VIA SUEZ) BRISBANE SYDNEY BURNE MELBOURNE.. ADELADE FREMANTLE... TO AND FROM AUSTRALIA: SURABAYA... JAKARTA SINGAPORE. PENANG P. KELANG.. -t-Anro Temasek610 words
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Advertisement559 1985-04-02 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN. INCHON MCHON BUSAN IS/4 inui No t Oman S0» Ha 7 Oonjm M* No Dmm/SOm No t Dman/M3N No i Oomn SO3N No 7 Donjm SO4N S P<<«» HUNTS N»PIUM AGfNCKS PTf I ID If! //'8997/ ?*****4559 words
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Advertisement632 1985-04-02 23 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 SHARKAT NAM SOON SON BHD IST AND ?N0 FLOOR. NO 1 lALAN CEMPfNING PORT KLANG MALAYSIA Tel632 words
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Advertisement47 1985-04-02 23 SIM SWEE JOO SHIPPING SDN. BHD. k EXPRESS TO BINTULU \rym P. KeUnf Petuot Loadr»t for SNEE LONG SATU Vo» 73 4/4 BinMu. Mn CONTAINERISED SERVICE RBUAN UrU Voy 46 1/4 Kuchinf. Sfcu. Agents. JAMBATAN MERAH SDN. BHD. P. Kelang: *****6 7 K.L. *****7 *****1 Penang *****47 words
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Page 24 Advertisements
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Advertisement693 1985-04-02 24 Kcjilmml lloiitaincr Lines 3 Sailings Weekly Reliable Regular Punctual Berthing P S.A Mon, Wed Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER -I LTRA HK.WY MKT \RKIKK KASHMA MARU LA CONFIAMZA KATORI Spore 10/12 Apr 13/15 Apr 20/22 Apr Mm. Muscat SaWati Dubai. Kuwait Bahrain. Doha INI VEB DEUTFRACHT/SEEREEDEREI693 words
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Page 24 Miscellaneous
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Miscellaneous162 1985-04-02 24 Weather va t ft 4 v. 33 a SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNHN?. LEGEND: PT, Temperature °q A\ rs orm m Weather Wind direction with speed m knots V Shower Rain Wave height Cloudy Sky Surface winds ore indicated by orrows which fly with the162 words
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Advertisement75 1985-04-02 25 Ml?© *****1/*****6/*****1/*****3 *****1/4 TOMNM. 3SS3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****1/*****1/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE nMUCJiMIIIICIUM rrw grM u CM CMI CUB [U GZ3M nm CBII nm ALSO KCOIMB F«: Miner, l Hunt, m, mew MJO ACCOTW FROM BMPI RTM, HUM, GOT, IK. MIOP. OSLO. CFH. mm ncarvm mimtmn cmgo to M75 words
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Advertisement244 1985-04-02 25 :LICOI<N rrwv Hi J} *IT i 7? Mn MUOU V4LSS M/V AMMGWC WSS M/V CGM VELAY V6LSS 21/4 »/4 27/5 4/1 22/8 Scan Dutch V To Europe (Med/UK/NC/Scan) B Butane SM B Butane 4/4 B Butanj 11/4 B Butane 18/4 B Butane 25/4 B Butang 2/5 B Butane SM B244 words
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Page 26 Advertisements
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Advertisement636 1985-04-02 26 MOL MitsuiO.S.K. Lines. Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S EAST AFRICA M GRACE 5 Apr OCEAN ELITE 15 Apr ASTRA PEAK 24 Apr SEA ARCHITECT 3 May WEST AFRICA EARNEST VENTURE 8 Apr NEDLLOYD MADRAS 7 May Mombasa. Daressalaam Mombasa. Daressalaam Port Louis. Reunion Mombasa. Daressalaam. Tamatave Monrovia. Abidjan, Lome. Apapa. Douala. Tema636 words
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