The Business Times, 3 April 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, APRIL 3, 1185 60 CENTS
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  • 440 1  -  Chairman of FSCB stepping down By QUEK SWEE PENG THE CHAIRMAN of Four Seas Communications Bank, Mr Lee Hiok Siang, is stepping down after a major boardroom reshuffle which saw the appointment of three men from Oversea-Chinese Banking Corporation. BT understands that Mr Lee,
    440 words
  • 144 1 -THE Singapore Tourist Promotion Board has been given planning approval for a $25 million building, but whether this development will proceed as planned is clouded by the recently stated government policy of not starting new projects in the sluggish property market. An STPB spokesman
    144 words
  • 63 1 AMERICAN Senator Frank Minkowski arrives tomorrow for a three-day visit. He will call on Prime Minister Lee Kuan Yew and Foreign Affairs Minister S Dhanabalan. He will also have lunch with Trade and Industry Minister Dr Richard Hu. Mr Murkowski will also meet effidals from
    63 words
  • 391 1  -  By FOO CHOY PENG THE JAPAN-SINGAPORE Institute of Software Technology (JSIST) has received the go-ahead from the government to provide consultancy services to private companies. Dr Ho Tat Kin, deputy director of the JSIST, said the institute is working out the fees
    391 words
  • 306 1 FRENCH investments in Singapore, which have reached an estimated $500 million, are expected to increase following the visit of Premier Laurent Fabius the first visit by a French Prime Minister. Investment in the manufacturing sector alone accounted for one fifth of
    306 words
  • Article, Illustration
    74 1 SELLING PRESSURE gaiaed m>iwitim yesterday, pnaptlag the 3tegapere stock market to tell to ■litnte trading. Pliititlw aad property Meters, however, ewnned te Ml were the went kit, especially thne that were mere speculative te aatere. TVe BT Composite Index (ell 5.7» prists te T04.18 wkHe the Straits Times
    74 words
  • 447 1  -  By BOEY KIT YIN A LOCAL businessman has called for the creation of a consortium representing the public and private sectors to compete effectively with larger international companies in China. The managing director of Electro Magnetic, Mr Steven Chan, said yesterday
    447 words
  • 460 1  -  By RICHARD 3EAH A COMMERCIALLY-RUN Singapore Broadcasting Corporation may not be too far off. The first steps towards commercialisation were taken when SBC registered a private limited company called SBC Enterprise earlier this year. This company is expected to take over some functions of
    460 words
  • 115 1 AP Japanese Prime Minister Yasuhiro Nakasone yesterday denied that he had made "new commitments" to the US when he and President Reagan's special envoy discussed the US-Japan trade dispute last weekend. Speaking to Japanese reporters in the Diet (Parliament), Mr Nakasone said: "I made no
    AP  -  115 words
  • Page 1 Advertisements
    • 106 1 OABS THE ULTIMATE ACCOUNTING SOFTWARE FOR MICROCOMPUTERS OA set HO* CHAN afKKIf I*l 2229M2<4 KL WO3 *****0 P*««ngt«l 04 *****9 tpoh W 06 5)4788 THE TOTAL OFFICE SOLUTION The Conti terminal table range has been developed to create efficiency and enthusiasm at your office. The system includes basic tables and
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    • 257 1 mm SINGAPORE is the 10th OUR VIEW COMPANY NEWS of onnuoToffice rents, soys o UNION LEADERS hove the tenuous but challenging task of L S L Bank survey of 20 major cities in showing the benefits of union membership rather thon telling of ocoiiy-incor-the world. However, on of- them. Persuasion
      257 words
    • 0 1 ~&=!=`[&_'}@||&%}^;?,-`{[>])"&/
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    • 147 1 Singapores First Local Bank with an international banking network to service you better IMT FOUR SEAS COMMUNICATIONS BAH* LTD ye B'. Group Heao Off/ct SHARP ZX-410 electronic typewriter can be linked to your for rs A -V m ZX-410 Of course the ZX-410*s primary function is still an efficient, sophisticated
      147 words

  • HOME NEWS
    • 410 2  -  Daring $80,000 youth drama project gets off the ground By MONICA GWEE A "HIDDEN EXTRA" burst from behind a curtain into song and dance at a Ministry of Community Development press conference yesterday to launch a daring $80,000 project for the young. "I am caught rather by
      410 words
    • 284 2 THE LATEST DEVELOPMENT in analytical chemistry, an important study for environmental control, will be a major theme of the Asian Chemical Conference at the Dynasty Hotel from April 8 to 11. Another theme is the role of computers in chemistry. This is because computers
      284 words
    • 403 2 THE PUBLIC Works Department recently awarded a $1.96 million contract to build a link between the new blocks of the Singapore General Hospital (SGH) with the old and to widen one of its roads. In total, 23 contractors made a bid for the contract
      403 words
    • 211 2 THE ANNUAL vacation job programme for second-year students at the Ngee Ann Polytechnic will be extended to first-year students. At the launching ceremony of the 1985 Industrial and Business Orientation Programme (IBOP) yesterday, the polytechnic's principal, Mr Chen Hung, said that this was possible
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    • 635 2  -  By LIM SOON NEO SOME HOTELS here, hit by an oversupply of rooms and insufficient guests, have come up with innovative packages rather than rely only on discounts to see them through hard times. Hotels contacted by BT said that discounts are prevalent in the
      635 words
    • 276 3 THE MUCH-TOUTED Pasir Ris Resort project described as Hie most ambitious workers' fcountry club project in this region is ready to go on stream after the ground breaking ceremony yesterday. Earthwork will begin this Sonth and the $27.5 million projt is expected to
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    • 345 3 BUILDING CONTRACTORS will go to the polls tomorrow to elect a new ■management committee for the Singapore Contractors Association Ltd. The association is holdiftg its Annual General Meeting to select the committee for the next twoyear term from 1965 to 1967. Among the 26 candidates
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    • 160 3 SINGAPORE Kobe has spent about $1 million on equipment to supply copper alloy strips to its only customer, AMP International. At the commissioning ceremony yesterday, Singapore Kobe's chairman, Mr T Saishoji, said the move was motivated by the establishment of AMP, a leading US
      160 words
    • 410 3 PEE TIAN KEE has been appointed the director of data processing and computer systems of American Express Travel Related Services. A Bachelor of Science (Physics) graduate from the University of Singapore, Mr Pee started his career at IBM (KL) as systems engineer. Prior to his appointment, he
      410 words
    • 208 3 TAIWANESE farmers are preparing to relieve Singapore's hunger for suckling pigs as local pig farms are phased out. The recent fall in pork prices in Singapore has revived suckling pigs as a favourite dish for celebrations. But a drop in supply could once again
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    • 501 3  -  By LISA LEE SINGAPORE is the tenth most expensive city in terms of annual office rents, according to a Euromoney survey of 20 major cities in the world. However, an office suite in the Republic's prime commercial district is cheaper than such a suite
      501 words
  • Page 2 Advertisements
    • 211 2 Is your building losing face? Some new and expensive buildings in Singapore have already lost a lot 4 of face. To say nothing of what they\ have done for their owners' faces. You've seen them. Beautiful faces marred by ugly, fungus infested blotches\ 1 of impregnated damp and gaping holes
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  • Page 3 Advertisements
    • 88 3 20% GOVERNMENT TAX IS SUSPENDED From 1 April 1985, the 20% Government Tax on telephone services and trunk calls* to Peninsular Malaysia has been suspended, namely: t Rental on telephone services: Telephone lines Extension lines Telephone instruments, systems and equipment Phone Plus service Speech Private Wires Rental and call charges
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  • OVERSEAS
    • 466 4 Contract to supply power equipment AP THE AMERICAN government's Export-Import Bank and its counterparts in Japan and Canada have protested against a French government offer that fails to meet terms of an international agreement on competition for the sale of goods to impoverished nations.
      AP  -  466 words
    • 154 4 Reuter THE THAI Finance Ministry yesterday submitted to the Cabinet proposals to raise taxes on beer, liquor, cigarettes, imported cars and travel. Officials said the package, «iwinar to one which failed to win Cabinet approval last week, omitted controversial proposals to lift tax
      Reuter  -  154 words
    • 452 4 NYT THE SUPREME Court, responding to pleas from both the US government and the government of Japan, agreed on Monday to decide whether a number of the biggest Japanese manufacturers of colour television sets must stand trial on charges of violating American
      NYT  -  452 words
    • 248 4 UPI PRESIDENT Reagan has received a response from new Soviet leader Mikhail Gorbachev to his proposal for a superpower summit and aides indicated in a newspaper interview that the reply was positive. White House spokesman Mark Weinberger said on Monday that Mr Reagan had
      UPI  -  248 words
    • 273 4 Reuter AMERICA'S real gross national product will show lower growth in the second quarter than the Commerce Department's "flash" estimate of 2.1 per cent growth in the first quarter, and may even undergo a fractional decline, said John Paulus, chief economist at Morgan Stanley Co
      Reuter  -  273 words
    • 123 4 Reuter EXCHANGE RATE fluctuations are best handled by international consultations and long-term policies favouring free markets, says US Treasury Secretary James Baker. He told the Economic Club of New York yesterday that the US could not go back to the traditional quick-fix mentality, even though some people
      Reuter  -  123 words
    • 104 4 AP THAI TROOPS captured a large communist guerilla camp, which housed a "factory" for making booby traps, in southern Thailand last month, Malaysian Chief of Defence Forces General Mohamed Ghazali Seth said. They took the camp in Gubiar, after exchanging fire for about two
      AP  -  104 words
    • 201 4 AP US Secretary of State George P. Shultz will meet next week leaders of Cambodia's two non-communist resistance forces, the State Department has said. State Department spokesman Bernard Kalb said the US believed that "a visible sign of US support for the non-communists is
      AP  -  201 words
    • 649 4 Reuter Confidence is growing among politicians and business leaders that economic growth in Europe will gather pace this year and take up some of the slack from an expected slowdown in US business expansion. This optimism seems to be spreading on the
      Reuter  -  649 words
    • 87 4 AFP THE SIXTH economic dialogue session of experts from Asean countries and their US counterparts began in Washington yesterday. It was to be opened jointly by Allen Wallis, Under-Secretary of State, and Vicente Valdepenas, director-general of the Philippines National Economic Development Authority. Asean has become America's fifth
      AFP  -  87 words
    • 323 4 AFP A US request for an Australian contribution to President Reagan's Starwars programme has put strains on the Australian Labour government, according to analysts. Tensions in the ruling Australian Labour Party were brought to the surface by the February decision of
      AFP  -  323 words
    • 309 5 Reuter SOVIET trade figures released yesterday showed that imports from the US jumped by 80 per c cent last year to reach a record high as more American grain was brought in to cover crop shortfalls. American exports to the So»viet Union last
      Reuter  -  309 words
    • 138 5 Reuter SALES at China's most profitable duty-free shop have been severely reduced by new Hongkong rules limiting imports of duty-free cigarettes and liqour. A store official said yesterday the shop at Shenzhen special economic zone bordering Hongkong had lost 70 per cent of its business as
      Reuter  -  138 words
    • 216 5 UPI TWO REPUTED gangland leaders pleaded not guilty yesterday to charges -of murdering Chinese-American journalist Henry Liu, arguing they acted on 7 the orders of Taiwan's military intelligence chief. Chen Chi-li, 41, told the court he was recruited as an intelligence agent
      UPI  -  216 words
    • 755 5 ARRIVALS Dpwotof Sarvic* Local time From >AA ZAL SAAS (AL SAAS SAAS SAAS RBA 5IA CPA GIA SIA SAS UB SIA THAI SIA MAS GIA SIA GIA MAS SIA GIA SIA SIA GIA THAI SIA SIA THAI SIA KLM CPA MAS MAS MAS Al SIA A'FLOT SIA
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    • 154 5 AFP THAI AUTHORITIES have frozen bank accounts held by the head of an illegal chit fund. The revenue department said yesterday that Chamoy Thipso's accounts were frozen in an effort to collect 41.6 million baht in back taxes. Chit funds are pyramid
      AFP  -  154 words
    • 389 5 AP SKHISM's high priests yesterday excommunicated Buta Singh, the only Sikh member of Prime Minister Rajiv Gandhi's Cabinet. The edict is seen as a serious challenge to Mr Gandhi's government, which is trying to resolve the three-year crisis in Sikh-dominated Punjab state, troubled by Sikh agitation
      AP  -  389 words
    • 99 5 AFP FORMER Malaysian Foreign Minister Ghazali Shafie has urged non-communist South-east Asia to examine seriously a five-point proposal by Vietnam to resolve the Cambodian conflict. Mr Ghazali, now a government backbencher, told the Malaysian Parliament on Monday that the Vietnamese proposal delivered to Indonesian Foreign Minister
      AFP  -  99 words
  • Page 4 Advertisements
    • 74 4 The German Experience with the Baroitfs Distinction 1 v m v> f jgr i- < i^r 1 Experience the timeless pleasures of dining on authentic German cuisine; specialities from the Baron's own smokehouse and roast spit. Or on international ala carte cuisine. JJky MA jK At the Baron's "Table. Simply
      74 words
  • Page 4 Miscellaneous

  • Page 5 Advertisements
    • 34 5 N.-V1 K ['h" Am I- King 1 roiii >tv 11» Hong Kong 11 »k\ i>. I i 111 Mi*»!ii lu. Sin I r.ilit im. i > »Si \t'\\ «»t k For Updated Information, Call *****11
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    • 169 5 HH WON m sto :;'«i L'&J Hi /-■~i».r ft Only Thai flies to Bangkok 3 times a day, everyday of the week. Directly. Whenever you're ready to leave for Bangkok, Thai is ready to take you there. Directly. Aboard our A3oos. We leave for Bangkok three times a day, everyday
      169 words

  • TRAINING & DEVELOPMENT
    • 911 6  -  Having encouraged trade/industry and employer aaaociationa to take on greater roles aa trainera, the SDF has made yet another move to ensure that the training offered by these aaaociationa reach as many of the workforce that would benefit from training aa poesible. Training
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    • 636 6 Seminars and courses DURATION April 3 April 4 April 6 April 7-12 A.pril 8 April 8-9 April 8-9 April 8-16 April 9 April 9 April 10 April 10 April 10-11 April 11 April 11-12 April 12May 17 April 13 April 13Apn) 15 TITLE SACS-Offshore Design Software System Diploma in
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  • Page 6 Advertisements
    • 375 6 A v& n m m •ni mm I Pan Am has redesigned the Clipper Class cabins on every 747- loo's we fly to make sure it's the business class to beat. Enjoy the experience next time you fly one of our 747-loo's to Hongkong, Honolulu or Los Angeles. Buy a
      375 words
    • 161 6 DAI-ICHI HOTEL The Exodknae of Inbernational Standards. The Charms of Traditional Servioe. m it businessmen can find every business necessity up-to-date office and telecommunication equipment, a well stocked reference section and secretarial services to cater to any business need. Indeed you'll find doing business a pleasure at Dai-ichi Hotel (Singapore)!
      161 words

  • BANKING AND FINANCE
    • 672 7 SINGAPORE THE US dollar extended its early gains against most major currencies in active and nervous late trading yesterday. It closed firmer at 3.1520/40 marks compared with New York's 3.1280/1300 close, at 2.6680/6710 Swiss francs against 2.6420/50 and at 253.70/90 yen against 252.85/95. Sterling closed weaker at U551.2085/2100
      672 words
    • 199 7 Interbank rates at 3pm yesterday: Nominal rates Smithsonian Local dollars to on* unit of foreign currency: quoted y* •terday a rose parity ehang* US dollar Sterling pound Australian dolor NZ doMor Canadian dolor 2.2320 2.7040 1.4987 1 0345 1.6244 2.2330 2.7063 1 5016 1.0394 1.6275 2.8196 7.3469 3.4286
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    • 101 7 THE OVERNIGHT rate on the Singapore interbank money market fell by 3/4point from Monday to close at 3 3/4 per cent yesterday. The one and two-month term rates fell by 1/8-point each, while the threemonth rate fell by 1/16point. S$ Interbank rates at 3pm yesterday: Ottvr fed Ov«r
      101 words
    • 317 7 BA Futures EURODOLLAR futures in Simex continued to plunge after a weak CME close. Absence of fresh indicators coupled with firm Fed funds owing to settlement of Treasury auctions weighed heavily on the market. June Eurodollar opened at CME's low of 90.14 and traded to 90.07 before closing at
      BA Futures  -  317 words
    • 230 7 HONGKONG: The metal closed lower yesterday in the (ace of a stronger US dollar but the fall was cushioned by late bargain-hunting by overseas investors. Bullion finished at U*****.50/315.50 an ounce after touching a low of $311.50/313.00 in the afternoon compared with an initial $319.30/80 and New York's $318.20/70.
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    • 62 7 Reuter LEADING Japanese interest rates are expected to ease towards the end of this month, reflecting a large net money market surplus, Fuji Bank Ltd said in a monthly report. The interbank twomonth bill discount rate will be around 6.1875 per cent at end-April, against 6.375 on
      Reuter  -  62 words
    • Article, Illustration
      296 7 Asian market ASIAN dollar deposit rates closed steady at higher opening levels in quiet afternoon trading yesterday. Short-dates were steady to 3/16 point firmer at the start due to a firmer US federal funds rate and stayed at these levels with overnight closing at 8H 8"« and week-fixed at 8-13/16
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    • 412 7  -  By AMY BALAN THE NEED for further negotiations with member banks and regulatory bodies has delayed Visa International's plan to introduce a global ATM network in major airports in this part of the world for its globe-trotting cardholders. Visa's chief general manager for
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    • 107 7 Reuter THE HONGKONG branch of the Overseas Union Bank (OUB) will sign its HK$2OO million floating rate certificates of deposit issue today, according to Standard Chartered Asia, one of the lead managers. The three-year facility carries an interest rate of Vi-point over the one- or
      Reuter  -  107 words
    • 125 7 AFP THE JAPANESE finance ministry has decided to allow up to 270 foreign companies to float yen-quoted bonds on the Japanese market in line with a policy to internationalise the yen. In fiscal 1964, which ended last Sunday, only 90 foreign companies were
      AFP  -  125 words
    • 254 7 Reuter AMERICAN financial markets in the second quarter would face higher interest rates that would also help keep the US dollar strong. Economists polled by Reuters see the Federal Reserve gradually firming policy in the April to June period on credit demand and
      Reuter  -  254 words
  • Page 7 Advertisements
    • 291 7 VbIDQM m la. r I N r 1 II G M V Come taste the jood&fwine of a carefree frdebonair era of Pans. Step this way, sir, your table's waiting. You're about to experience the gastronomic excitement that was Paris in the hectic,hedonistic days of the '20s. In attendance and
      291 words
    • 224 7 f. V X #'4i r*« j v5l Outer space... Inner space. When space will always be at a premium in Singapore, one housing project gives you more than ample space. Space to live. (Apartments with luxurious interiors, yet at very affordable prices). Space to play, jog or stroll. (With all
      224 words

  • FEATURES
    • 442 8 "UNITED we stand, divided we fall" may not yet be a truism in Singapore's trade unions, but there is no doubt that falling membership means falling income and less money means less influence. The National Trades Union Congress Chief, Mr Ong Teng Cheong, has proposed a "pressure
      442 words
    • 913 8  -  Open for business is the new economic approach Canada's new opendoor policy is a result of reality overruling idealism as well as the new Mulroney government. JAIME LYE talks to the country's Minister for Industrial Regional Expansion, here recently on a promotional blitz. JAIME LYE CANADA
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    • 85 8 letter te the Editor Dear Sir, I am a company director, in charge of finance and accounting of my company. I am surprised to hear that companies in Singapore keep two sets of books as so stated by KT Gibson in his talk at
      85 words
    • 881 8  -  By SELWYN PARKER in Auckland THE REPUTATION of highly-paid currency analysts, which had taken a battering in late February and early March with the collapse of the Australian dollar quite against the professionals' forecasts, suffered again when the "kiwi" dollar was launched on the
      881 words
  • Page 8 Advertisements
    • 238 8 2, lurong tort Road, Singapore 2261. *l *****55 BEST U.S. STEAK yf Direct from Harris Ranch in Central California. The Number One Steak in California, and now in Singapore. A Only at Jack's Place Steak House you'll find six different choices from only $16, you'll get a tender, juicy, corn-fed
      238 words
  • Page 8 Miscellaneous
    • 883 8 w mm C CHANNELS H 2.20 PM SBC Text "Live" Sample Pages 2.50 Opening and Programme Kghfights folowed by This Land is Mhe (Mandarin) 4.35 The Richard Simmons Show 4.55 Lome Greene's New Widerness A Love Story: The Canada Goose 5.20 Romper Room 5.45 The Littlest Hobo Forget Me Not
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  • SPORTS
    • 462 9  -  By BRIAN MILLER recently in Fremantle THERE'S a new yacht in town. And they're saying that it's faster than anything else in the waters off Fremantle including the indomitable Australia 11. Designed by "winged keel" wizard Ben Lexcen, built in South
      462 words
    • 176 9 AFP FRANCE is to mount a massive hid to win the America's Cap tor the first time to the lWf-87 series to be sailed off the Weston Australian coast. This was made clear to Perth m Monday by Lsals Cschet, whs has
      AFP  -  176 words
    • 604 9  -  By WALTON MORAIS SINGAPORE Professional Golf Association president Ong Ah Keng yesterday thanked Lim Kian Tiong for giving local golf a "psychological boost", then made a plea to multinational companies to inject much needed finance into the local game. Arguing that the als deserve
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  • Page 9 Advertisements
    • 108 9 I* M *s. 9 4 .1 I JupcrUub Avoid the business On British Airways Super Club you'll never get squeezed into a centre seat. Because there are no centre seats. Our seats are arranged six-abreast, in pairs. Wherever you sit, you're next to a window or an aisle. With all
      108 words
  • Page 9 Miscellaneous
    • 10 9 BliStdW":Fiankltic]<£nS i uxDrtoe* now e«isrou)'s rnptotO OUT pff .r s
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    • 662 9 osmssnm CRYPTIC PUZZLE ACROSS 1 This dog is mine is at heart (5) 6 Discard, by the way (5) 9 When diminutive, he's less angry looking (7) 10 Difficult to meet, so step out of the way (5) 11 Utter something gripping about love (5) 12 The donger for eoch
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  • INTERNATIONAL STOCKS
    • 189 10 Reuter SWITZERLAND will soon start moves to ban insider trading and it has promised to give more help to foreign governments trying to penetrate the country's financial veil of secrecy. Mathias Krafft, state secretary in the Foreign Ministry, said a draft law banning insider
      Reuter  -  189 words
    • 129 10 Reuter BARCLAYS PLC chairman Timothy Bevan has said it would have been better had Johnson Matthey PLC shareholders taken virtually the whole burden of supporting Johnson Matthey Bankers (JMB) after its failure last year. But he said in the annual report of Barclays PLC, the
      Reuter  -  129 words
    • 126 10 Reuter IVAN F BOESKY, the New York investor, has told the US Securities and Exchange Commission that he and companies he controls have bought 8.7 per cent of CBS Inc stock for U*****.1 million. William Lilley, a senior vice-president of CBS, said the company would
      Reuter  -  126 words
    • 331 10 Reuter WALL STREET shares prices closed higher on Monday in spite of sharp falls in several merger-related stocks. The Dow Jones Industrial Average rose by 5.97 points to end the day at 1,272.75. In the overall market, advancing issues led decliners
      Reuter  -  331 words
    • 120 10 An 01 Ab.no a 54* Inco Int Pro* Pip* Int Ut> 18* 36* 23* A Icon Algomo 35* 23 19 1* LoMow B Masvey Ferg 16* 2* Bonk Mont Bonk Novo Scotia Bel Canodo 25* 12* 39* unch -27 unch Mc Bkxiel Mokoo A Moore Cp 25* 16* 71
      120 words
    • 206 10 AM 01 Rand Urosec Woolworth 485 ***** unch INDUSTRIALS MININGS 720 Abercom 140 5 Anglos 2500 -25 AE And a 740 -20 Amapcop AMIC 330 2280 -10 unch Blyyoocs Butt eh 1600 8050 -50 Barlow* C G Smith CNA 1045 240 -7 Cora Gold Cora Murch 1250 1075 unch
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    • 665 10 APR 01 US$ Alcon Alumn Alcoa Alegheny Lud Alwd Chem Cp AM Storm Als-Chatmcn Am Broods tnc Am Br oo 6c o»l Am Con Co Am Cyonamd Am Etoc Pwr Am Express Am Horn# Prod Am Motors Cp Am Notural Gos Am Til Tel Amax Inc Amerodo Hess
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    • 942 10 Amsterdam AM 01 fk ABN ***** 05 Aagoo 183 50 -1 5 Ahold 212 00 -2 108 50 -1.7 AMEV 210 00 -2.5 Amfo* Amro Book 73 50 -0 7 54 80 +2 8 Bob 110 20 uneh Boriumq 341 00 +1 Bo»kafc» Bur Tat 87 50 0
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  • Page 10 Advertisements
    • 600 10 w ©89RHi M r A* lumcU.%*JL Ka>s <«AJK *x* /*»<*- -fc*i «v» *#t t MTER CCptTI NE NTAi. SINCAPOIE T FrWPW Vi^V ;«=?> Gascadc garden JU Garden _ansh»P dl .T am 7p,n*C luv nU y ami £S»*ht3S^ d j HOTEL ASIA Many happy returns 37 Scotts Road. Singapore 0922 Tel
      600 words
    • 0 10 ?"{`.|?<^<~&!)%;%/++^%><?\%~'_)
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  • ASIAN STOCKS
    • 336 11 HONGKONG: Share prices closed sharply higher on speculative buying yesterday. The Hang Seng Index rose 41.23 to 1,430.36 and volume increased to HK5324.32 million from Monday's $283.66 million. Jardine Matheson rose 75 cents to $10, Swire Pacific "A" 80 to $23.80, Cheung Kong 90 to $14.70, China Light 10
      336 words
    • 211 11 AM 02 Al Sricere Indus HT 4 20 24 00 -0.03 -0 308 Lion Hwa Indus Nan Ya Plas Pacific Cons Pacific Elect Wire 11.60 27 50 I9 60 1600 +0.1 0 2 0.1 23.00 -0.5 1.32 +0.06 50 50 -0.5 16.50 Chan Loom Quo Hun Cement Chmo Owm
      211 words
    • 367 11 TOKYO: Share prices fell in very active trading yesterday, cutting through an early rally and taking the market average 47.29 lower at 12,629.86. The average earlier touched a record high 12,680.87 in the morning after continuing Monday's 86.95 gain. The turnover was 530 million shares against 550 million on
      367 words
    • 108 11 MANILA: Share prices closed lower in continued dull trading yesterday. The Commercial Industrial Index fell 0.06 to 132.02, the Mining Index 1.42 to 687.66 and the Oils Index 0.006 to 0.599. Aft 02 Nm Onentol B Phfex B 011 0950 10 989 949 905 0014 13 999 001 0
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    • 337 11 SYDNEY: Share markets closed mixed on Monday with gold stocks lower on lower international bullion prices and the overnight rise of the US dollar against other currencies. At the close, the All Ordinaries Index was 0.4 point higher at 828.9, the Gold Index dropped 25.9 to 811.7, the All
      337 words
    • 160 11 BANGKOK: Share prices closed mixed in active trading yesterday. The Book Club Index fell 0.16 to 130.92 as advances led declines by a slim margin. Turnover rose to 787,080 shares worth 217.3 million baht from Monday's 454,528 worth 148.2 million baht. Siam Cement, which fell six to 627 baht,
      160 words
    • 70 11 APR 2 Won Hyundai Con»« Hyundai Motor 903 57$ inch 2 591 -9 KAL 665 +3 578 unch 645 -4 Comnrwrciol Bk 645 504 5 -4 Korea Ol Korea Sh^> 1701 415 -37 25 454 14 612 -3 552 714 +4 509 -10 844 -6 645 +1 1250 -II
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    • 60 11 AP UNIVERSAL SEA FOOD LTD, a wholly-owned US subsidiary of Nippon Suisan Kaisha Ltd, a leading Japanese fishing company, will build a plant at an estimated cost of US$l.l million to produce crab-fla-voured fish sticks. A spokesman of Nippon Suisan Kaisha says the plant will
      AP  -  60 words
    • 379 11 AP HUNDREDS of Chinese and foreign businesses in China filed about 4,000 patent applications on the first day of a new law that aims to protect them against plagiarism and theft of inventions, the Chinese government reported yesterday. "The time is now over when
      AP  -  379 words
    • 405 11 Bernama ASEA MALAYSIA'S power distribution division is one of the top sales performers for Asea worldwide power distribution network, Asea Distribution. Mr Tom Sjokvist, the vice-pres-ident of Asea AB and general manager of Asea Distribution, said the Malaysian operation generated more
      Bernama  -  405 words
  • Page 11 Advertisements
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      190 words
    • 181 11 Up the staircase at the Certury Park Shefaton. V" *4" I Follow the sweep of the curving staircase of the Century Park Sheraton and you'll find yourself at the Black Velvet Gold. It's a discotheque with hot sounds and cool drinks; an exceptional laser light show, and the sort of
      181 words
    • 106 11 i Discotheque Level 4 A vortex of sight, sound and sheer imagery X* f V. Ist Drink Charges: Sun Thurs: 9pm 2am; $18 Fri, Sat Eve of Public Holidays: 9pm 3am; $23++ i® SxecJSor Hotel 5 Coleman Street. Singapore 0617. Tel: *****33 a platter Help yourself to 20 superb dishes
      106 words
    • 33 11 1 M rr Elegant nightspot with an Arabian Nights setting. Plush. Exciting. Alive with the music of top builds. For information and reservations, telephone *****11 ext 721. \?//a/»6/ro< BP* iU Or.lurJ K'*tJ. \wvJf-n
      33 words
    • 64 11 a n In' m V v J. 0> ir Show Tirnt 1.15 pm HI. J-.UJJ: 1. yr/ ®SB3i2f restaurant Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridian 3rd Storey <n«ar hotel lobby* 100 Orchard Road *03-100 Singapore 0923 Tel: *****22
      64 words

  • RAW MATERIALS
    • 155 12 Chioeee Produce Exchange (S«Aart' noon doing pnctt on Ap 2 SS/100 kg) Coconut oil Bufc Foe IS5 00 OW drum FOB 168 00 New drum FOB 172 00 Copra Matd (loose* 85 buveri Pepper Muntok Whit* FOB M.W Sarawak Whrt« FOB *oq M.W Sarawak tpecial btack FOB NLW
      155 words
    • 127 12 THE Kuala Lumpur Tin Market (KLTM) price dropped seven cents to M 529.45 per kg yesterday, within the International Tin Agreement (ITA) lower range of $29.15 and $32.99, despite a higher London close. Dealers said the (all was doe to a lack of fol-low-through Japanese, European and local
      127 words
    • 174 12 SINGAPORE The market closed higher yesterday with April One RSS buyers quoted at 173.00 cents per kg, up 1.25 cents from Monday night. After opening about 1.25 cents higher after firmer overseas advices, prices fell back in quiet morning trading. The afternoon session was very quiet. MALAYSIA The market
      174 words
    • 110 12 (cents/kg. 1 -ton pellets) p R L g 5 MAY 85 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 176 00 178 00N 177 00 179.00N SSR 50 173 00 175 00N 175 00 I77 00N MRELB Buyers Sellers Buyers Sellers SMR
      110 words
    • 139 12 MALAYSIAN crude palm oil closed higher in moderate trading on covering following Pakistan's purchase of 12,000 tonnes RBD palm oil. In April south rose M 517.50 to $1,407.50 per tonne with north $35 up at $1,400. The refined palm oil market was also higher following Pakistan's presence. RBD
      139 words
    • 113 12 SOYBEAN futures on the Chicago Board of Trade closed down SJ/«5 J to 7Vi US cents per bushel in quiet dealings on Monday. May settling at $5.99 3 after being held to a JV«cent range. Persistent weakness in precious metals and soymeal futures and a rebound in the US
      113 words
    • 160 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,550 Blue Phoenix 2Cs 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 2,400
      160 words
    • 180 12 WHEAT FUTURES on the Chicago Board of Trade closed on or near their lows on Monday, down four US cents to one cent per bushel in what pit brokers called the lightest trade so far this year. May settled at $3.52 after posting a three-cent range on the day.
      180 words
    • 664 12 COFFEE Robusta futures stayed quiet up to the close on Monday and dealings remained dominated by currency factors. Contracts ended below the highs but with gains of £50 to £31 a tonne from last Friday's close. July closed at £2,247, up £32 from last Friday and £7 above
      664 words
    • 286 12 Singapore (S»/k*>. ..-godown) Frog rant new crop 1st 0 86 2nd 065 >d 060 N«« Crop 25% no stock 10% no Mock Thoi 8roken A-sup«* 056 Special 0 55 Thai Rice 55% no Hock China Rice 10% 087 15% no stock 25% no stock 35% no stock Thai Boiled
      286 words
    • 320 12 RAS prices in S cants/kg, FOB in b ales NOON CLOSE krM StNtcs Buyers Stlltn Int 1 RSS Prompt 172 00 I73 00N 172 00 173.00N Int 1 RSS Apr 85 172.50 ***** 173.00 174 00 Int 1 RSS May 85 177 00 177 50 ***** 177
      320 words
  • Page 12 Advertisements
    • 72 12 CtTIBANKO TEL *****U 236H11 *****68 D STUDIO BEDOK COURT 1 ,> wm ■L 9mWm•n m v< lie En Tenure of Land: 99 years leasehold we.f. ***** UX No 5445 Mukim XXVII at Bedok South Road/Bedok South Avenue 3 Planning Approval No DC 246/82 (82/E/35) Developers Lcence No 3865 Advertisement Permit
      72 words

  • SHARE INFORMATION
    • 4099 13 SELLERS had the upper hand at the Singapore stock market yesterday, causing share prices to fall for the third consecutive session. While the selling pressure was spread across a fairly wide front, losses were most severe in the industrial sector. The BT Composite
      4,099 words
    • 250 13 SINGAPORE Rist B Indices Mornctmn SOf C Propyl— 360 ICS 685 Dutch Bokr 595 tawwa BM SO* 165 t.l.i|t 390 CaM Stota lOp 267 Saara %m 252 mii Lin 227 M OWx 180 D S CULS 107 Falls 14 10 5 5 5 +2 2 +2 2
      250 words
    • 3071 13 BID and offer prices officially I listed and business in and re- I ported to the Stock Exchange of Singapore yesterday with the j number of shares traded shown in brackets in lota of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted
      3,071 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 618 14 GSM©? MLB UNITED INDUSTRIAL CORPORATION is heading for a bright future, according to Grieveson Grant in its March issue of "The Dragon". The London-based stockbroking firm said: "In our view, UlC's good growth potential backed by dynamic management justifies accumulation of the stock
      618 words
    • 680 14 BOARDROOM CHANGES: HOTEL MARCO POLO Ltd announced that Mr Andrew Dixon has been appointed the company's alternate director to Mr John Andrew Patrick Hill, chief executive officer of Hongkong Bank. UNITED Industrial Corporatiea Ltd said Mr Peter Chong Hon Kiong, its general manager, has been appointed as a
      680 words
    • 219 14 Manogers' prices MARA-Bumiputra for April 3 First B'putro Second B'putro 566 5.71 4 86 4 91 Singapore Unit Trust Third B'putro Fourth B'putra Fifth B'putro Sixth B'putra 4 19 4 24 461 466 The Commerce 2.12 225 314 3.19 The Savings Fund 1 47 '1 56 3 02
      219 words
    • 95 14 HONGKONG Australian Industrials Hong Seng Index Tuesday 1190.0 Monday 1190.6 Tuesday 1430.36 Week ago 1180.5 Monday 1389.13 NEW YORK Dow Jones Week ago 1344.13 TOKYO Monday 1272.75 Friday 1266.78 Tokyo Dow Jones Week ago 1259.94 Tuesday *****.86 Stondard Poors Monday ****** 87 Monday 181.27 Week ago *****.15 Friday
      95 words
    • 82 14 OVERSEAS UNION SECURITIES Limited: AGM at the Mandarin Court 'A', Mandarin Hotel, Orchard Road, Singapore 0923 on Apr 25 at 11 am. PRIMA Limited: AGM at 201 Keppel Road, Singapore 0409 on Apr 26 at 3 pm. CARLSBERG BREWERY MALAY8IA Berhad: Fif- teenth AGM at Ladang Perusahaan Shah
      82 words
    • 424 14 SHARE PRICES closed lower at the Kuala Lumpur stock market yesterday in spite of Bank Negara's move to reduce commercial banks' statutory reserve requirements. Trading activity picked up slightly with interest centred on selected stocks. Price movements were generally erratic as investors
      424 words
    • 2061 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. MDUS TRIALS A Choc (2.306) (13) 2.35 AMD (3 128
      2,061 words
    • 922 14 EQUITIES opened mixed in London yesterday but with a firmer bias. At noon, the FT 30 Index was up 3.8 points at 967.6 while the FT-SE 100 Index rose 6.2 points to 1,284.5. The higher overnight close on Wall Street and the firmer dollar helped international stocks, with
      922 words
    • 568 15 u mm™ By HOCK LOCK SIEW AMONG ITS varied businesses, Prima Ltd counts grain milling, a revolving tower restaurant, shipping services, property development and management consultancy services. But it should also add big-time stockmarket investments to the list because that is where it makes a great
      By HOCK LOCK SIEW  -  568 words
    • 443 15 SIME DARBY Bhd has appointed two of its "strong men" to head its newly-acquired property development arm, United Estates Project Bhd (UEP). Mr Mohamed Sulaiman will succeed Mr Wan Azmi Wan Hamzah as the managing director, while Syed Abdul Bari Shahabuddin
      443 words
    • 184 15 CEREBOS PACIFIC, the food manufacturing group, now has a working catering division. Yesterday afternoon, the company signed the franchise agreement with Pizza Hut Inc, USA for the five franchised Pizza Hut restaurants in Singapore which it had acquired from QAF Ltd. Cerebos also completed
      184 words
    • 647 15  -  By NAJEEB JARHOM ISLAND Development Bank Bhd, one of two locally-incorpo-rated commercial banks in Brunei, and partly-owned by the parent company of publiclylisted QAF Ltd, is set to venture into Singapore and Malaysia as part of its ambitious plan to establish a
      647 words
    • 272 15 GRAND UNITED Holdings Bhd said its proposed restructuring of Sigma Metal Co Ltd is to achieve two objectives: to enable Sigma to expand its capital base through the purchase of Pan-El shares and to consolidate its shareholding position in the company. Sigma is
      272 words
    • 527 15 PAPER Products (M) Bhd is now free to proceed with the planned restructuring of its ailing local subsidiary, United Pulp Paper Co Ltd. This follows the unconditional withdrawal of all claims brought against PPM by Malaysian businessman Mr Koo Siew Koon. In a short
      527 words
  • Page 14 Advertisements
    • 230 14 SCHOOL OF ACCOUNTANCY NATIONAL UNIVERSITY OF SINGAPORE DINNER TALK by PROFESSOR RORERT STERLING Lee Kuan Yew Distinguished Visitor on ALTERNATIVES TO ACCOUNTING STANDARDS Venue Mandarin Ballroom, 6th Floor Mandarin Hotel, 333 Orchard Road, Singapore 0923 Date Friday, 19 April 1985 Time 7.30 pm sharp Price $35 per person (Buffet) DINNER
      230 words
    • 222 14 NOTICE FROM JEFFREY UM This is to inform friends and business associates that I have left Shangri-La Hotel on my own record and joined CONTINENTAL CATERING PTE LTD as a Managing Partner. Continental Catering Pte Ltd operates a group of restaurants plus providing outside catering services. They are: Pin Hsiang
      222 words

  • Page 15 Advertisements
    • 73 15 This advertisement is issued for record purposes only; it is not an invitation to the public to subscribe for or purchase any shares March, 1985 Harrisons Malaysian Plantations Berhad (Incorporated in Malaysia under the Companies Act 1965 No 3572/76 with limited liability) Introduction to the Stock Exchange of Singapore Limited
      73 words
    • 164 15 ICF V e .G ip] td°£ V® Republic of China Agricultural Food Products at your doorstep Dynasty Hotel Ballroom (3rd Storey) 3-5 April 1985 n.OO am to 7.00 pm daily For the first time in Singapore, a wide selection of agricultural and food products from Taiwan, the Republic of China
      164 words

  • 669 16  -  By MANO SABNANI THE DEPTH of the close friendship between Indonesia and Singapore was abundantly evident yesterday when the people of Sulawesi turned out in force to welcome Prime Minister Lee Kuan Yew, his wife and a party of about 20 officials. Crowds,
    669 words
  • 222 16 Reuter CHINA has broken the domestic monopoly of the People's Insurance Company of China (PICC) and will allow any firm with enough money to underwrite business. Yang Gonglin, senior manager at the People's Bank of China (PBC), told the China Daily yesterday that the new regulations,
    Reuter  -  222 words
  • 140 16 Reuter AN INSURANCE company paid a record US$7O,OOO compensation yesterday for a champion Australian stud bull which can no longer do what it did best. Devon Court Shakespeare, last year's grand champion Hereford at Sydney's Royal Easter Show, had an accident which "rendered him incapable of
    Reuter  -  140 words
  • 244 16 Reuter AMERICAN Defence Secretary Caspar Weinberger, in his annual report on Soviet military power, said yesterday that Moscow could be ready to deploy a ground-based laser missile defence system within 10 years. The assessment said that in 10 years, the Soviet Union might also
    Reuter  -  244 words
  • 82 16 MORE THAN one million square metres of land in Punggol have been acquired by the government for public housing. By far the largest single combined parcel of land acquired, more than 300,000 sq metres, belonged to the estate of Alexander William Cashin (deceased), trustees of
    82 words
  • 206 16 Bernama LIMITED COMPANIES, other than financial and insurance companies, listed on the Kuala Lumpur stock exchange offered 1,066 million shares valued at M 51,593 million to bumiputras through the Trade and Industry Ministry between 1970 and last year. Deputy Trade and Industry
    Bernama  -  206 words
  • 84 16 Reuter TALKS between European Economic Community agriculture ministers on prices for the 1965 (arm year ran into serious trouble yesterday. Several of the ministers involved and diplomats have predicted that the meeting would be abandoned. British Agriculture Minister Michael Jopling said the
    Reuter  -  84 words
  • 470 16  -  By LUCY NG MANY OF THE unionists at the NTUC sth Triennial Delegates' Conference yesterday reacted favourably to the report by Mr Ong Teng Cheong, the secretary general of the national labour movement. The strategies to be adopted by NTUC to strengthen union membership was the
    470 words
  • 54 16 Reuter WALL STREET stock prices were higher shortly after the opening yesterday. The Dow Jones Industrial Average was up 2.21 points at 1274.96. Gainers led losers by a five-to-three ratio. Volume amounted to about 8.5 million shares. Continental Corp led the actives, up Vi. Beverly Enterprises was
    Reuter  -  54 words
  • LATE FILE
    • 51 16 Reuter TIME RAN OUT for one of Britain's last all-female bastions yesterday with the introduction of the first malespeaking clock. After 49 years of domination by women, baritone Brian Cobby was selected from 5,000 applicants as the new telephone voice to give Britons the definitive time.
      Reuter  -  51 words
    • 27 16 AFP AMNESTY International accused the Israeli government of violating the human rights of nearly 2,000 prisoners arrested by Israeli troops in Southern Lebanon. AFP
      AFP  -  27 words
    • 60 16 Reuter THE INDIAN government has extended by three months a ban on foreigners entering the troubled Punjab state. An official announcement said the provisions of the foreigners (restricted areas) order had been extended until July 2. It said no foreign passport holder can enter Punjab without obtaining
      Reuter  -  60 words
    • 32 16 Reuter SRI LANKA's government will temporarily take over Sinhalese properties in the north to safeguard them against attacks by Tamil separatist guerillas, a National Security Ministry spokesman said. Reuter
      Reuter  -  32 words
    • 37 16 AFP THE NUMBER of illegal immigrants caught sneaking into Hongkong from China more than doubled last year over 1963, Hongkong police reported. A total of 9,653 Chinese entered Hongkong illegally in 1984. AFP
      AFP  -  37 words
    • 33 16 Reuter CHINA'S New China News Agency said an enlarged European Economic Community would be more competitive with the US and Japan and carry greater weight in world affairs. Reuter
      Reuter  -  33 words
  • Page 16 Advertisements
    • 103 16 Britannia offers you a world of investment opportunities The Chartered Bank Building, 6 Battery Road, #14-08, Singapore 0104. Telephone: *****86. your cashflow 8 NOW with funds w due only in $2 120 days'time? Come to Singapore Finance and you don't have to wait 30,60,90 days or more for customers to
      103 words
    • 157 16 EXPORTS. BE THE WINNER 9 4 o 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 credit terms And not least of all, you might even get better financing terms, or,
      157 words
  • Page 16 Miscellaneous
    • 54 16 Outlook for todoy: Portly cLoudy; showers in several areas in the afternoon. Report for 24 hours prior to 7.30pm on April 2 at the oirport: Maximum temperature 32.5 Associated humidity 56 Minimum temperature 25.2 Associated humidity 92 Hours of sunshine 7.05 Rainfall in millimetres Nil Rainfoll this month Nil Rainy
      54 words

  • SHIPPING TIMES
    • 237 17 THE International Maritime Industries Forum is urging shipping companies to press their governments to invest in a planned shipbreaking project for Liberia. The establishment of such a facility in Liberia would be nearer to laid-up vessels than existing ones in the Far East.
      237 words
    • 421 17  -  By JUNE LIM UNITED States Lines has resigned from the Malaysia Pacific Rate Agreement. Its resignation will take effect on May 22, 60 days after handing in the notice, but apparently not have any significant impact on the agreement. Industry sources say that
      421 words
    • 770 17 WiHglwg Uw 1 *9* C«i Aleo V» 3 A he •**>•< Um V 4 AC Toepfer X 3 AndeVo Slx>g v» 1 AfC 1 1 Antoh Orient (jn« X 2 APC Line V 4 API 4 Arrow Un«t X 4 Asa a 1 Asiabrofccf V 5 AMm
      770 words
    • PORTSIDES
      • 121 17 AMERICAN President Companies (APC) has finalised the acquisition of three domestic transportation operations from Brae Corporation, San Francisco. The purchase, announced on Feb 13, is valued at US$6O million. Brae Corporation will continue its remaining operations as an independent pub-licly-held entity. Chairman of APC Bruce Seaton says a
        121 words
      • 58 17 THE Port of Felixstowe has just released figure which break all previous records for cargo throughput. Overall tonnage through the port reached 8,988,885 tonnes in 1984 compared with 8,240,043 tonnes the year before. For the 13th consecutive year container statistics set an all time high of 495,827
        58 words
      • 61 17 THE Turkish government has indicated that it will introduce protectionist measures for Turkish flag vessel in the form of reductions in port charges. The board of the Turkish Shipping Association (TDI) has advised the government that the measures should take the form of an 80 per cent
        61 words
    • 899 18 Fairplay THE seasonal nature of the reefer trades once extended from October to June high rates. But with the incresing influx of refrigerated containers into the meat trade, the season has been cut back to the three months from March to May. Thus,
      Fairplay  -  899 words
    • 140 18 THE plan of Norwegian owner Atle Jebsen to man his multi-purpose container ships operating from New Zealand to Far East with a New Zealand crew seems to have run into trouble. The Norwegian owner was able to reach an agreement with
      140 words
    • 166 18 Reuter SEA-LAND Corp said it received a US$l25 million revolving Euronote credit from a group of European, Asian and US financing institutions led by Amro International Ltd. The four-year unsecured facility is provided by Am-sterdam-Rotterdam Bank NV Banque Paribas, the Dai Ichi Kangyo Bank Ltd, Morgan
      Reuter  -  166 words
    • 751 18 AFP AFTER a lack-lustre start, the freight market benefited from a late flurry of activity in the grain sector where rates on the major trade routes rose to their best levels of the year so far. An important factor behind this rise was speculation over Soviet chartering of
      AFP  -  751 words
    • 1837 18 ACTIVE and varied chartering was seen on the freight market on Monday much of which was concentrated in the time-charter-ing sector, brokers said. A 23,000 tonner was booked for delivery South Korea for a trans-Pacific round voyage and redelivery Colombo-Singapore range at U554,300 daily, while $3,350 was paid
      1,837 words
    • 228 19 PORT and maritime unions have voiced renewed opposition to the powered barge service which the Darwinbased Skonis Timber Co proposes to begin next month between Singapore and Malaysian ports and Darwin. The unions are protesting against the use of a Sin-gapore-built barge which will be
      228 words
    • 445 19 Lloyd's List IMMENSE pressure from shippers and the threat of official action has forced major owners on the westbound trans-Pacific market to cut proposed minimum rates by 30 per cent. This is the third time the 19-member Transpacific Westbound Rate Agreement has been
      Lloyd's List  -  445 words
    • 363 19 Reuter NINE crew members of a Liberian tanker that sank off Senegal in what is alleged to be the biggest ever shipping fraud told a court on Monday night they had no reason to believe the vessel was scuttied. The nine are
      Reuter  -  363 words
    • 215 19 THE JAPAN Salt A Tobacco Carp (JSTC) will start using United States-based carriers to transport cigarette leaf from the US this year. With effect from the start of the next fiscal year begining April 1, the corporation will ship its cargo on
      215 words
    • 192 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
    • 3185 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,185 words
    • 718 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sea Hawk 8 Seroja Uni Mercy Monte Ruby B Melati A Virginia Liverpool B Harvester Zim S'pore Takari 1 Ratih Ming Energy E Grade Tanah
      718 words
    • 1822 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies <Si Afro-Earasla Line Transgrnup (Si Ahreaklel Liner Ser\lee Kim Shpg iSi Alfred C Teepler Ooeanus Shipping Agen cies (Si Marintex Enterprise iPKI Alpac Intrasea (Si Bintang Shpg iKLi Island Cargo
      1,822 words
    • 479 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES B Setawar Coral Gold Leaf Good Year Hua Wah Jenson IV Makmur Mallory Lykes No 6 Donam P'ess Almalyn Straits Hope Thomaseverett Turkmeniya Berdlkari E'tern Reefer Jenhol Nakorn Kasem Str Venture SO Tripura Straits Pride Vishva Anurag
      479 words
  • Page 17 Advertisements
    • 602 17 s&> vn Foreign Exchange Dealing 9 OAJIC B»'^* Pubkshmd by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A mem Dei Ot the times ofoanisofion 556.50 Each rCMDB I The recent well-published demise of the Swedish reefer owner Sslen has given a feeling of uncertainty
      602 words
    • 458 17 &UASC UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shtnlon 04 02C Marina Houx Singipoi* 020 7 T»l *****94 T#l„, No BS?S4i9 CFSoflicaTPC 03 30 T»l *****31 and *****32 T#rmin»l oMic# TPC 03 29 T»l No 2222C90/*****93 '>" "■1 TT-.TJ.M:iOJi«.T.W.'»tII 11, EXPRESS FULL CONTAINER SERVICE VROM JAPAN TAIWAN HUM,
      458 words
    • 426 17 {=,:]:|[_[_];$].^-\`@=<,_~*)(&= MAERSK LINE EXPORT TO USA. EUROPE.MIDDLE EAST. WEST AFRICA ASIA IO I .> I'A< IF K'.r.ri 1 ATI ANTIC. FAST CANADA INLAND POINT: 'SMGAPORI aOSMG TMES CT 8/4 UOOHRS CFS 7/4 2300HRS TO UFI (ill'\l. HOLLAND 1' K (JFK MANY I KAMI SCAN DIN AVIA AI'SIK! A S\M 1/1
      426 words

  • Page 18 Advertisements
    • 414 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA rb ace FAMHY MX Pacific South Wast Pacific North Waat Feeder at Tokyo Faadar at Koba Mothtf VS. LA/LB OAK Mirthtr VS. SCAT VCJt ZEELAJOA 6/5 9/5 S. BCISHU 0/5 10/5 ZEELAJOA 6/5 J/5 HYUGA 15/5 IC/5 P ARROW 20/5 23/5 TOKYO M
      414 words
    • 239 18 Il Supercarrier Service B.vt* r olo* *>*-■> ■O.y a rrjtr NEXT ARRIVALS BARBER PRIAM 9/4. BARBER HECTOR 17/4. BARBER TOM 8/S TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Vessel BMBER PWAMI BARBER HECIORt BMfKR IWt BMHR IOBAt \anrm tAho accept** carts Mr Houston (MLB). frame*. Oakland. Stacktan mi
      239 words

  • Page 19 Advertisements
    • 781 19 The Straits Steamship Group QCI Overseas Containers Limited CONTAINERSHIP StRVICE 10 UK CONTINENT lnerpool my TOKYO MY KITUNO MMU THAAK MAAU an <* edmu tauoanra CJMMCAR MT OSAKA MT Liverpool my TOKYO MY HWf Brw 26/4 21/4 M/S M/ 5 •9/5 11/5 19/5 21/S 25/5 27/5 02/6 M/f 10/6 12/6
      781 words
    • 485 19 Franco Belgian Services IMIMBIR Of ACf CONSORTIUMS f* CHARGFURS HAVRAISE MEDEX I INF 1: l«-i il' I t ran uk mm a* in 12 m* a May 21 May 2 owe* iSr 11 Mr vm, nm, 31 May *M» KXtfimt carta tar West Mas: Fort-Or-Franct Canary Uaatf. Cayaant CHARGEURS REUNIS
      485 words

  • Page 20 Advertisements
    • 446 20 Hapag-Lloyd TO CONTINENT/UK On carriate to Scandmavia, Med, Cambean &S. America Wand tatot to Wand destinations in Europe S'pore PKetang PenangLeusesßfeao Genoa tfewg Kdam Shaven Antwerp M.MUBMMIAH 14/4 lfi/4 11/4 10/5 31/4 11/5 "Abo accepting cargo tor ATtANTIC 4 GULF POSTS ma mmilandbfidge and US MB-WEST by BMCfObndge IMPORTS FROM
      446 words
    • 252 20 FULLY CON TAINERISED SERVICE TO EUROPf Vl* SUEZ "1 •*"*>« c( Cwnortum MC&line ,0»l* i- »<• OWf.J*. wu com*** nm 3 OREAN CHANCE 21* 10 ONGRONB CONTAINER 44* 17 AOTAL CHEF 43* 24 mill) ROS 43W 1 ISO LOADING FOR BREMERHAVEN Sport PliiMi l«Haxt R'iwi Fitowt HWf Antwerp 3/4 1/4)
      252 words
    • 431 20 THONG SOON AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88 TELEX: RS ***** BOOKING: *****56 (OIRECT LINE) LINK SINBAPORE/lAN6KOK TWICE A WEEK With Reefer, FCI and LCI Container Service Agents: latfkak TranpMt ft FroigM FarvarOMi litomtteaal Ca. LM 325 S.P.M. Bldg, Silom fld, Tel: *****93/5 SIN CM
      431 words
    • 640 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED./FE) ALSO ACCEPTBK CARGO TO 1) PROVOENCE. KNAR*. SAVANNAH. BOSTON PMLADELPMA. NOW0l» lACKSONVUE MUMCTOM ETC 3) CRISTOBAL BALBOA PANAMA Ctn COLON. SAN I 2) ATLANTA. CMC AGO DETROIT. COLUWUS ft OTHER MAM MCROBMDGE DESTBMTU6 ORUAMS HOUSTON Ml UNGSTON 4) MONTREAL TORONTO
      640 words
    • 264 20 HSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES B. Mn. B. PORT KELMtC PENANG SMOSt MARITM PTC LTD TEL ******4/7 8 *****W MM OS MAJ9TW SON BHD Id 3(7232/3 MALAYSIA TRADE 1 TRANSPORT ITO TO 87J53 t ***** TO PAPUA NEW GUINEA/ SOUTH PACIFIC KYOWA 5/4
      264 words

  • Page 21 Advertisements
    • 728 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 EAST AFRICA/REDSEA SERVICES KARACHI/M.E. GULF SERVICES COLOMBO/CHITTAGONG/RANGOON SERVICES COLOMBO BANGKOK DIRECT SERVICES INDONESIA SERVICES KOTA JADE FAR EAST SERVICE TAIWAN/JAPAN ,FULL CONTAINER SERVICE) MID. S.E.A. CONTAINERS PTE LTD. FULL CONTAINER SERVICE) rr irmiß ETSTzT TT rm
      728 words
    • 818 21 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE EUROPE STRAITS FROM EUROPE HAM BTtAVEN I DAM HANK UJ P KELANG STORE ft* Mm MM M SjM SjM SjM bM 7/4 KG. Vm lift u Eiprns SjM SjM SjM SjM SjM U/4 M. I*. U Thaaai Mm SjM SjM SjM SjM
      818 words
    • 594 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST STORE SERVICE FULL CONTAIO VESSEL. SUSAN YOKOHAMA KOBE RAOHSUK HK STOK 161*10* MAJAPAMT *11 M 6/3 1/1 GOM Vl9 MB 2S/3 25/3 11/3 IC/3 31/3 3/4 17/3 23/3 25/3 4/4 5/4 11/4 EAST BOUND store SONBJU V7H 7/4-12/4 (DISC OUT) WEST BOUND Sr
      594 words
    • 550 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Lint) Loadnc for Ranfoon Phashwenawywa V 252 Pat» m Mywnaywa VtS Pa-M VS3 Spore 1/10 Apr 22/25 Apr 27/30 Apr 7/10 May BANK LINE SPORE R'DAM HULL HMBG IVYBANK 19 Apr 15 Moy 18 May 21 May CLYDEBANK 5 May 31 Moy
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  • Page 22 Advertisements
    • 1372 22 K LINE KAWASAKI KISEN KAISHA, LTD. 1 USA CANADA PACIFIC COAST (Inclnding DESTINATIONS INLAND vU IPI/MICROBRIDGE A MINILAND BRIDGE) FEEDER/ CtCVALER RQZE V42E MONTE RUBY V2B MOTHER VESSEL MY BRDGE V 34 fCPTUNE EMERALD VS JAPAN ALLIANCE Vl9 STORE PKLG 3 Apr 4 Apr PENANG STORE 9 Apr 6 Apr
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    • 521 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Loading lor lOS ANGELES SAN fRANCISCO SEATTLE. TACOMA VANCOUVER BC Accepting FCL/FCI Containers P Kelanj Singapore L Angctes ARATENDU' 9/10 Ma* S MM AUSTRALIA EXPRESS CONTAINER SERVICE Accepting ECL/ECI Containers KABiROAS 20/21 Apt 13 May 3 May 10 May Adet RAVKMS 1/2 May
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    • 535 22 JSANKO ASIA FROM JAPANCSf ROUTS ANO MOMOKOMG GOLDEN LINE wre SV GUAN GUAN SHIPPING (PTE) LTD V "wm| Iw| hMtadri la* kM| CO C«d Street |p«—*«— *4 SMGAPORE 0104 TEL *****04 (10 IOCS) 1 Tat Kuala Lap* ***** W P Ktianf 3(70(1 Penary XMH Paw Gudar* Af«i« OMEOT UOTD (M)
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    • 596 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 International Pia/a Singapore 0207 Tel *****1 1 110 Lines) VOtAflA-UVI o BREAKBULK SERVICE TO EUROPE/UK j| Sport P KeU*«Lo«dmc •*> OCEAN NMD *****03 6 Apr SETE/ANT/ROTT/tLX. (AVON) FORT NELSON *****05 20 Apr 23 Apr ROTT/ANT/UJI. (AVON) Py SEAWOOD AND R.M.Z.tjjn S pore
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  • Page 23 Advertisements
    • 741 23 ;NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Spore P.Kdanf Havre C CONTAINER 29N. K CHAHCE 21W+..... HK CONTAINER 44*. 0 CHEF 43W C ROZE 43W N CRYSTAL 29* F'stowe H'buri 25/4 27/4 Also accepting cargo to/from Scandinavia K CHANCE S'pore Closing Times: FCL Cargo 1 9 4 FROM
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    • 542 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN, INCHON in Vt»«< Sp«f n No 7 Dhm/MW 1/4 12/4 Nt 9 Datum MjW 17/4 22/4 IK I fount W* 25/4 4/5 Nr Donam 50J* 5/5 10/5 to. 7 Dm»/504N 11/5 14/5 1/5 <> Pi*l IMNtS WPIUNf
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    • 542 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Sinjapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** F KEIANG M/S SHARKAT NAH SOON SDN BHD IST AND ?N0 FLOW). NO 1 lALAN CEMPEWNG PORT KLANG MALAYSIA
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    • 36 23 X 2 P. Ketone Pwunj Loadn( l« SNEE LONG SATU Voy 73 4/4 RBUAM MM Agents: CONTAINERISED SERVICE Voy 46 1/4 Kydwj. Sta. BinMu, Mn JAMBATAN MERAH SDN. BHD. P Kelang: *****6/7 K.L. *****7/*****1 Penang ***** >
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  • Page 24 Advertisements
    • 630 24 Rc«|ional Container Lines 3 Sailings Weekly ***** Reliable Regular Punctual Berthing P.S.A Mon. Wed Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER. I I.TKA HK W N 1.1 FT \KKIKK FORTNIGHTLY FULL CONTAINER SERVICE TO EUtOK STORE MfTKRf RDM HAAfIURG ROSTO SOMOSHAUSE* 2/15 II Apr 12 Ifay U May
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  • Page 24 Miscellaneous
    • 170 24 IS i. 3: Regional Weather fl <v N V V Wi v a eSf V*4 nr»i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. cr 1 Wind direction with speed m knots Wove height LEGEND: P Th J Temperature c nunoerstorm Weather Wind direction with speed m knots
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  • Page 25 Advertisements
    • 90 25 mmm •j.MWi a K. LUMPII P. KELANG PENANG P. GUDANG J. BAHAMJ 'w; 42S0M/*****6/*****5/*****3 *****1/4 TERMMAI 3SS3SI/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 22WM/*****1/*****5 FAR EAST/EUROPE CONTAINER SERVICE EW lE2M i■;'. n :.Mi( y.■ rCT^B rrn J .w iTf ALSO ACCEPTMG FOR MTTMKr. L HNNE. UK. BREMER, COPENHAGEN. OSLO ALSO ACCEPTMG FROM EUROPE: RTM.
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    • 186 25 NAVIERA UNIVERSAL S.A. W UNILINE LOAWNG for: MELBOURNE, TAURANGA, PAPEETE, NOUMEA, CALLAO, VALPARAISO VESSEL UMCOSTA (firman Flat) OOP TANKS AVMLAHi FOR LOADMG BULK PALM OR General Agents UM SrtPWNG (S) PTE LTD, 7 Kcppd Road #03-35 Tanjonc Pat* Cowplei S«( apart 0201 Telephone: 2261 MS (4 bin) Totei: UMBGP RS
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    • 466 25 FINE-LINER SHIPPING PTE LTD •0, CECIL STREET #0»-06 DUNN HOUSE. STORE TLX: M 22M1 FUNER TEL: 2246*92, *****13 *****07 ACCEPTING ROTH FCL AND LCL nry. "1' I i w I'll ii/.* LIN UN SHIPPING PTE. LTD 1. Mogaztno Road, *05-08 Control BuMng. Singapore 0105 Tot: 533*814 A *****22 WEEKLY SERVICE
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  • Page 26 Advertisements
    • 298 26 ill W1 EAST ASIA LINE 1 L (Malaysian Flag) Regular Liner Sorvtcos Botwoon M'SIA/S'POBE/INWA P. K«long P. Gudong S'pore Ldg for ANAH hi Part 5/4 CNttafont NfiU PERTMM 11/4 12/4 Bombay REGULAR JAP AH/STRAUS/JAPAN SERVICES LAMBOR Sated Nat/Kobe/ Yokohama EAST ASM SHPPMG SON. BHD. PI Tot *****2/36 MFBC Kl. Tel:
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    • 131 26 ANTAH ORIENT LINE WEST/EAST/WEST M'SIA VIA SPORE SERVICE CONCORD LINES REGULAR CONVENTIONAL LINER SERVICES VOT ETA EID LOAOMG FOR CONCOtt ANGEL 3/tS 4/4 1/4 CMTTAGONG CONCORD BONK 2/15 IS/4 lt/4 CtfTTAGONG *Mm acctpt. Phnom Penh, Bomtuy CONCORD MARINE PTE LTD 7 KovpH laid #03-2t, Tot *****31 (3 Inn) T-W fK«
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    • 610 26 C.Y. LINE (A Member Of Tho ACE Consortium) CHO YANG SHIPPING CO. LTD FUUY COHTWOBED SERVICE 10 EUtOK (Hl* SUEZ) IHtanrt RdanFstowc HW| Br«" Antwerp 22/4 23/4 25/4 27/4 2»/4 JO/4 2J/4 10/4 2/S 4/5 5/5 0/5 7/5 5/5 U/5 12/5 13/5 14/5 li/5 lt/5 U/5 7/5 14/5 21/5 FULLY
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    • 758 26 tmmmt S rnuPiMA ptdiiina nr uipnorrs ir p u COMPANIA PERUANA DE VAPOREES (C.P.V.) Jl "PERUVIAN STATE LINE" > m loading tor Can* Matarani Do and atl other Peruvian ports with transhipment at Kobe K On CPV Throujti Wis ot lading to final destination M Pcnanf* F. Keianf Sinfaporct MANOLOEVERETT
      758 words
    • 373 26 ZIM NON-CONFERENCE MDEFOOENT FULL CONTWO SOWCE acc* cargoes I* USA E»i I West Coast. Carrfcbean and East Canada VESSEL MM TOR TO ZIM EILAT CONTAINER LINE Span till Inesle Roper Vmk* hrmi m BUI ;0 Apr 22 Apr 30 Apr 1 Hay Apt IS Apr Accept** FCI To Ernpcw and
      373 words