The Business Times, 9 April 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, APRIL 9, 1985 60 CENTS
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  • 570 1  -  Major employers warn of fewer vacancies and lower starting salaries By CHUANG PECK MING A JUMP in the number of graduating students and a drop in suitable vacancies because of slowing growth will make jobhunting a tougher prospect for graduates this year.
    570 words
  • 468 1  -  By SOH TIANG KENG Banking Correspondent MANUFACTURERS and exporters generally welcome the latest cut in the Monetary Authority of Singapore's export bill rediscount rate. They said it would help to trim their overheads and sharpen the competitive edge of their goods in
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  • 232 1 Reuter KADIN, the Indonesian Chamber of Commerce and Industry, is ready to sign a pact with China to resume direct trade nearly 18 years after diplomatic relations were frozen. The chamber's chairman, Sukamdani Gitosardjono, said yesterday that a delegation of private businessmen
    Reuter  -  232 words
  • 182 1 THE HONGKONG government has approved the construction plan for the colony's tallest building, the 70-storey Bank of China headquarters, at the heart of its financial district. The Beijing state-run Bank of China group, which includes more than a dozen leftwing banks
    182 words
  • Article, Illustration
    90 1 FRESH baying In the afternoon failed to step the Singapore stock market (rem drifting lower across the beard yesterday. Rat while the Calls were hrsadly based, plantation, preperty and mining sectors held ap relatively well. The ST Index again msved belew Its M-day moving average after breaking abeve
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  • 441 1  -  By ALVIN TAY TOTAL BANK LOANS fell by $227 million to $36.6 billion in January, reflecting the sluggish demand for credit brought about by the slowdown in the local economy. Loans and advances declined by $116.7 million to $32.6 billion
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  • 496 1  -  By LIM SOON NEO SINGAPORE AIRLINES (SIA) expects its revenue for the financial year 1985/86, starting from April 1, to hit the $3 billion mark for the first time in the airline's history. While revenue is expected to increase by 7.6
    496 words
  • 94 1 A PROPOSED moratorium on the deployment of Soviet nuclear missies in Europe would serve only to freeze an enormous superiority of their weapons in the intermediate nuclear range, British Prime Minister Margaret Thatcher said it Singapore yesterday. The new Soviet president Mikhail Gorbachev had said in
    94 words
  • Page 1 Advertisements
    • 77 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM BETTER QUALITY AT A BETTER PRICE f J 0 J TBS produces a wide range of computer/ typewriter ribbons and accessories; works I I f with all established systems at optimal I 1 J efficiency. Try our products and you'll discover how you can
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    • 260 1 \mm SHARE INFORMATION DOONESBURY MONEY EXCHANGES CROSSWORDS SPORTS RAW MATERIALS THE TYPES of products from the chemical industry are expected to change as the Singapore economy restructures, and the international market now lies in specialty or fine chemicals. Paga 3 NEW Soviet leader Mikhail Gorbachev has taken his first concrete
      260 words
    • 15 1 Leader, Page 8 FuN report, Pao* IS Asian stocks, Rags 11 Intl stocks, Pago 10
      15 words
    • 100 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Gorbachev invitation, Paga 4 Mrs Thatchar in Singapore, Back Paga Now you can see your bank account onTV 24 hours adaY UniView, the banking breakthrough by United Banks, puts your bank account on your personal computer TV screen, letting you call up your current
      100 words

  • HOME NEWS
    • 486 2  -  Trade board helping businessmen to secure overseas contracts By LOH HUI YIN THE TRADE Development Board is organising a host of activities to help Singapore businessmen penetrate the vast Chinese, Indian and US markets. A trade mission is now visiting four major Indian
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    • 64 2 A COMPUTER CAMP for school children between the ages of 12 and 14 is being organised by the computer club of the Clementi Commmunity Centre. The camp, which will be held from June 10 to 12 at the Pasir Ris Holiday Camp, will cost $40
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    • 187 2 THE SINGAPORE and Swedish governments have agreed to extend a number of double taxation agreement provisions which are due to expire at the end of this year. A statement issued by the Ministry of Finance recently said the operation of the relevant paragraphs in the agreement
      187 words
    • 223 2 A TOP and middle management conference on office automation featuring the experiences of some large organisations will be held next month. Speakers will come from Mindef, the Stanford Research Institute International of the US and the Institute of Systems Science (ISS). The
      223 words
    • 451 2  -  By LOH HUI YIN A JOINT COMMITTEE should be set up to boost trade between Singapore and Saudi Arabia, the Republic's fifth largest trading partner last year. The proposed committee should comprise Singapore and Saudi trade officials from the relevant government organisations and
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    • 217 2 A HIGH-POWERED delegation from the Union of Arab Chambers of Commerce and Industry is on a two-day visit aimed at boosting private sector cooperation between West Asia and Singapore. Representatives of the 18member delegation yesterday told the Chairman of the Trade Development Board, Mr
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    • 260 2 A BUILDING material research unit will be set up soon to tackle the problem of building defects in the construction industry. According to Associate Professor Henry Ong, a consultant with the Applied Research Corporation, the unit will receive active support from
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    • 228 2 ABOUT 13,800 people are employed by the Housing and Development Board to manage and maintain its more than half a million housing and commercial units. This is a fivefold increase over figures 20 years ago, when 2,850 workers were needed to manage the 72,000 housing
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    • 113 2 CITY DEVELOPMENTS Ltd has formed a joint-ven-ture company with Japanese building contractor Daiichi Kenchiku Services Ltd to provide housekeeping services to hotels. The developer said the joint-venture company, called CD-Daiken Pte Ltd, would be the first local company to provide such services. City Developments will
      113 words
    • 50 2 THE TWO-WAY access road from Lorong Two, Toa Payoh, to the SBS Bus Interchange will allow only one-way traffic from tomorrow. The change is to facilitate construction works for the MRT station. The road will revert to its normal two-way flow by the end of next month.
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    • 171 2 THE Singapore Institute of Management has elected nine members out of the 11 candidates who stood for office in its 22nd governing council. Some of the nine members elected into office at the 20th annual general meeting for a one-year term beginning April 1 were
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    • 276 3  -  By LUCY NG GALARIES LAFAYETTE, the French department store, seems to have given up its intention of opening an outlet in Crown Prince Hotel at Orchard Road. Galaries Lafayette could not be contacted for comment but a Crown Prince spokeswoman -said that the
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    • 367 3 RICHARD WEE CHENG HONG has been appointed assistant vice-president of Bankers Trust Company's international investment management group. The group, a business unit, was recently set up in Singapore to service high net worth private clients for South Asia. BJORN BENGTSSON, managing director of ASEA Singapore for the
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    • 364 3 PASSION WILL FLOWER in Singapore next month as filming starts on a torrid love story which will bring a US production team through the island from Chinatown to Shangri-La Hotel. "Passion Flower", a twohour feature by Columbia Pictures Television, tells
      364 words
    • 355 3  -  Types of products expected to change By SHAHRIR ARIFF THE TYPES of products from the chemical industry, worth $2.1 billion last year, are expected to change as the Singapore economy is restructured. The international market lies in specialty or fine chemicals, which have
      355 words
    • 293 3 ANALYTICAL CHEMISTRY is expanding from only carrying out analysis to one involving de-cision-making with the help of computerisation and automation. A prominent figure in analytical chemistry, Professor D Betteridge, said computerisation and automation had contributed to new analytical techniques and the speeding up
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    • 175 3 A ONE-DAY SYMPOSIUM on the 1965 Budget and the Singapore economy will be held next week. The symposium will be held at the Shangri-La Hotel on April 16. Papers will be presented on the implications, opportunities, prospects and possibilities in the Singapore economy as a
      175 words
    • 174 3 THE TWO-YEAR-OLD Singapore office of the French Institute of Petroleum is concentrating its regional efforts on the servicing of exploration and oil drilling activities, along with the petrochemical sector. Dr Armand Koskas, director of The Institut Francais du Petrole South-east Asia, told Singa-pore-based
      174 words
  • Page 2 Advertisements
    • 195 2 Now, a building specially designed for off ce automation. i. ■»<"»' 'A.51 N A -S —S 1 yi r* i J* s*.i tm 'iM mtuy This impressive 42-storey office building will be the corporate home of the Port of Singapore Authority and other corporations who require sophisticated modern design combined
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    • 57 2 0 In Singapore style and sophistication are defined by a Hotel. THE PAVILION INTER- CONTINENTAL SINGAPORE m. l\\\ \\<l>7rr' < >. WV jtf. =v\'a- .IMv, .v "TO at ix a THE ADVANTAGE IS INTER-CONTINENTAL 0 INTER- CONTINENTAL HOTELS One Cust.iden Rivid. Singapore 1024 Phone 733 MM Telex RS ***** SINIHC
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  • Page 3 Advertisements
    • 90 3 First Come. First Served BRITISH British Airways fly daily one-stop flights to London. We are the first airline to leave Singapore at 10.10pm everyday. And the first to arrive in London by 6.20 am. So that at Heathrow, passengers on British Airways are the first from Singapore to get through
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  • OVERSEAS
    • 410 4 Gorbachev accepts invitation to superpower summit AFP THE NEW Soviet leader Mikhail Gorbachev took his first concrete step towards Washington on Sunday just four weeks after taking office by announcing a Soviet moratorium on deployment of nuclear Euro-missiles and accepting President Reagan's invitation to a superpower
      AFP  -  410 words
    • 123 4 AFP HANOI hopes to normalise ties with the US but is held back by continuing US "errors" in Indochina, says the person who negotiated the American pullout from Vietnam. Le Due Tho also called for negotiations to end the conflict in Cambodia
      AFP  -  123 words
    • 331 4 UPI PRESIDENT REAGAN is turning a cold shoulder on President Mikhail Gorbachev's offer to freeze deployment of triple-war-head SS-20 missiles in Europe but an aide says the desire of both sides for a summit is on track. President Gorbachev's offer for a unilateral
      UPI  -  331 words
    • 294 4 AP TWO FORMER chief White House economists, warning that retaliation against Japan could set off a global trade war, said the strong dollar is responsible for the massive US trade deficit. Both Alan Greenspan, who served under President Ford, and Charles Schultze, an
      AP  -  294 words
    • 314 4 UPI SUDAN'S new military rulers have ordered the arrests of all former ministers of ousted president Jaafar Numeiry on their second day in power, but freed hundreds of political prisoners jailed by the deposed leader. Mr Numeiry, who ruled the East African nation for
      UPI  -  314 words
    • 286 4 Reuter GHULAM Mustafa Jatoi, one of Pakistan's leading opposition politicians, has been freed from almost two months of house arrest meant to muzzle critics of the government during February's general elections. Mr Jatoi, until recently acting head of the Pakistan People's Party (PPP), said police guards
      Reuter  -  286 words
    • 218 4 AFP FRANCE and South Korea have cleared up a 'misunderstanding' over Paris' policy towards Pyongyang and agreed to strengthen cooperation on several fronts. South Korean officials said the agreement was reached yesterday during talks between visiting French Prime Minister Laurent Fabius and his South Korean
      AFP  -  218 words
    • 206 4 AP VIOLENT CRIME in the United States showed no letup last year, even though overall crime rate fell by 4.5 per cent and household burglaries and larcenies were at record low levels, the US Justice Department says. The Bureau of Justice Statistics, releasing preliminary figures
      AP  -  206 words
    • 401 4 AP THE WORLD'S birth rate has dropped from 29 to 27 births per 1,000 people since 1963, thanks mainly to sharp curbs on China's population growth. The Population Reference Bureau in Washington said yesterday that China currently averages 19
      AP  -  401 words
    • 672 4 ARRIVALS Operator Service Local From number time GIA GA940 1235 MES MAS MH605 1250 KUL SIA SQ203 1300 HLP GIA GA88I 1300 LGW/ZRH/ AUH StA SQI5 1305 LAX/HNL/TPE GIA GA900 1310 PKU SIA SQ6I 1335 BKK GIA GA962 1400 CGK THAI TG413 1410 BKK LUFT LH694 1410
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    • 62 5 THE NEW space shuttle Atlantis being rolled into view as thousands of Rockwell International employees and family members cheer the completion of the fourth and final addition to NASA's fleet. Atlantis is scheduled to blast off on its first flight a secret military mission
      Reuter picture  -  62 words
    • 140 5 Reuter INDIA'S US$266 billion development plan launched on April 1 has sparked a race among foreign companies to sell goods and technology to India. Executives of foreign companies are flooding into India to try to sell everything from aircraft to oil rigs, computers
      Reuter  -  140 words
    • 312 5 AP THE Taipei District Court is to announce its verdict today on two reputed gangsters charged with the murder of ChineseAmerican writer Henry Liu in California last year. If convicted, Chen Chi-Li, 41, and Wu Tun, 35, could be sentenced to
      AP  -  312 words
    • 288 5 AFP MINISTERS from 24 industrial countries will attempt in Paris this week to hammer out joint responses to basic uncertainties about currencies, trade and Third World debt which experts fear could dash any hope of restoring lasting growth and high
      AFP  -  288 words
    • 643 5 NYT A COMMUNIST insurgency is rapidly mushrooming in the Philippines, with the hard pressed government of President Ferdinand Marcos seemingly powerless to stop it. Success of the rebel campaign is increasingly creating worry over the future of US military installations at Clark Air Base and
      NYT  -  643 words
    • 127 5 UPI PHILIPPINE government figures, which consider anyone who worked at least one hour in three months as employed, have shown that 14.6 per cent of the country's labour force was jobless in January. Latest national census and statistics office figures show that 3.02 million workers in a
      UPI  -  127 words
  • Page 4 Advertisements
    • 168 4 rr *3 '> V, r n m. m 0 The Recreational East Coast. Almost as near as your Amber Park balcony. The twin, towers of Amber Park. Designed to tower 27 storeys above the recreational East Coast, with its breath-taking sea views and gentle seabreezes. Here, discerning home-owners will discover
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    • 22 4 V >\\ AM Pan Am Is Flving From Singapore lo Hong Kong. Tokvo, Angeles, Honolulu \m lraneisa>& \m For Updated information, Call *****11
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  • Page 5 Advertisements
    • 282 5 If you've only $ot two pennies left in theworld, buy a loaf of bread with one, and a lily with the other." In other words, "Man does not live by bread alone." Fortunately, at The Marco Polo Hotel, he doesn't have to. There are orchids in abundance everywhere, including the
      282 words
  • Page 5 Miscellaneous
    • 41 5 Doonesbury DEAN HONEY THAPSfWT. TEUS MEW/RE OOOYAFPS. 6IVIN6THECOL- yoUMANT A JOB?GEE, T FtfY ijarrKNou. oooa TMKJNPOF NIGHT KR OEMEPTD OFFLOADING MY STUDIES.. raers) m 3 §p SjS 18 m ■M I I II M BY GARRY TRUDEAU m 1 Ui lift®
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  • MONEY AND EXCHANGES
    • 517 6 Wider choice of institutional players THE TYPE OF policies for reform and deregulation of the financial system which Bank Negara intends to achieve has not been decided yet but, according to a senior Bank Negara official, the following scenario can be expected within the next
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    • 375 6 Reuter THE Bank of Japan has maintained the steady supply of Treasury bills into the Tokyo money market with the sale of 400 billion yen yesterday, indicating the early creation of a full secondary market, banking sources said. In the past, a steady supply was not
      Reuter  -  375 words
    • 364 6 SINGAPORE: The US dollar closed higher against most major currencies yesterday in line with its rise in Tokyo on some shortcovering and commercial demand. It firmed to a late 256.00/20 yen from an early 255.50/60 and New York's Friday 254.70/90 close. It closed stronger at 3.1850/1900 marks compared
      364 words
    • 236 6 Interbank rates at 3pm yesterday: Local dollars to quoted y* itifdiy ci roe* parity ch**. on* unit of foreign currency: US dollar ***** ***** ***** -20 72 Sterling pound ***** ***** 7 3469 -63 79 Australian dollar 1 4575 1 4741 3 4286 -57 49 NZ dollar 1
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    • 78 6 THE OVERNIGHT rate on the Singapore interbank money market fell by 1/4point from last Thursday to close at 5 5/8 per cent yesterday. The one and two-month rates were unchanged while the three-month rate was 1/16-point lower at 53/4. C f |||1A.|KJ| A L ifiTcrooiin rates ot 3pm
      78 words
    • Article, Illustration
      302 6 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet trading yesterday. Dealers said news of a US$2.B billion rise in latest US M-l money supply was within market expectations and had no impact. Periods were steady to slightly lower at the outset and remained unchanged subsequently
      302 words
    • 308 6 BA Futures EURODOLLAR futures opened slightly higher than CME's close after the long holidays but came off under selling pressure from a US institution yesterday. The June contract opened at 90.20 and was pushed to 90.14 before closing at 90.16. Technically, the level at 90.25 is a major resistance
      BA Futures  -  308 words
    • 121 6 TOKYO: Futures closed firmer yesterday after some short-covering and profit-taking buying followed the weaker yen against the dollar; but trading was slow in the absence of fresh news from abroad. In a turnover'" of 1,056 one-kg lots against 928 in the half-day Saturday session, April closed unchanged at 2,623
      121 words
  • Page 6 Advertisements
    • 201 6 Thai Royal Executive Class. We gp to great lengths to please. t \> i .7 V mfe: ...> vx m*z"» M. r V >• ■> "> Si' »«®s«s»^^isaw! Aff t Thai, we go to such lengths to please you. You can actually measure our smooth- as- silk service against other
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  • BANKING AND FINANCE
    • 411 7  -  By PENG AILIAN COMPETITION, technology, and interdependence will shape the look of international banking, said Mr John Haley in his keynote address at a recent banking symposium. Speaking in New York, the former executive vice-president of Chase Manhattan Bank said five years of volatility
      411 words
    • 364 7 NYT IT APPEARS likely that the US Federal Reserve will act this spring to establish rules limiting the ability of state-chartered banks to invest in real estate. The Fed, for reasons of bank safety and soundness, wants to prevent
      NYT  -  364 words
    • 299 7 Reuter YESTERDAY morning was the first real opportunity market participants in the US had to react to last week's budget deficit compromise announced on Thursday afternoon before the markets closed and last Friday's news of the rise in payroll
      Reuter  -  299 words
    • 375 7 Reuter THE BANK of England's decision to give note issuance facilities (NIFs) and revolving underwriting facilities (RUFs) weightings in its risk asset ratio calculations has prompted concern that it is treating them on a "worst case" basis. There was some dissatisfaction that they
      Reuter  -  375 words
    • 602 7 Reuter PATRICK McNAMARA, 45, has three bank accounts, money to manage and a keen eye for interest profits, yet he cannot recall the last time he visited a bank. Mr McNamara is one of a small but growing number of Americans who have given up
      Reuter  -  602 words
    • 86 7 Reuter THE RESERVE Bank of India (RBI) has raised the maximum levels of interest which commercial banks can pay on deposits. The maximum rate on deposits of between 15 days and a year has been raised to 8 per cent from 7 per cent and on
      Reuter  -  86 words
  • Page 7 Advertisements
    • 190 7 COME TO THE BEST IN BRUNEI. X. >w.W"? -W.*. *V' i i f •> 1 V ,1 r •V- -£*< V 1 QL^ SHtRATON-UTAMA HOTfL 170 ROOMS AND SUITES/2 RESTAURANTS LOUNGES/GOURMET CORNER/BUSNESS CENTOE/MEETING FACKTeS/SWIMMING POOI COME TO THE SHERATON-UTAMA Situated in the heart of Bandar Seri Begawan, the Sheraton-Utama is
      190 words
    • 257 7 If You Wish To Cut Down Your Computer Software Development Effort By 10 Times, Read on! The key to successful comDuterisation is fb computerisation is for programming to be done auickly and to get people who are using the programs to participate in the development. POWERHOUSE, the most widely used
      257 words

  • FEATURES
    • 485 8 BLEAK JOB PROSPECTS for university graduates is not the sort of news employers usually like to read about. Bad news for graduates is usually a reflection of difficult economic conditions. When graduates have to wait longer for jobs that are not likely to pay all that
      485 words
    • 1665 8  -  Brokerage rates have been cut and worse is to follow By DAVID GABRIEL SUDDENLY, times are tough for Singapore's eight-strong community of international money brokers. The very basis of their incomes the brokerage rates have been cut, following what many regard as a very rough round of
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    • 719 8  -  By MARIE DAVID IT IS so easy for a TV programme to fall into a set pattern, and increasingly so with the frequency it appears. It is an old adage that one should not change a winning formula, so producers are tempted to find
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  • Page 8 Advertisements
    • 498 8 IC TIMES CONFERENCES Presents THE SECOND TIMES ANNUAL CONFERENCE ON CORPORATE TAX PLANNING FOR SINGAPORE MALAYSIA 23, 24 25 APRIL, 1985 23 APRIL 1985 24 APRIL 1985 SHAN(«RI-LA HOTEL, SINGAPORE 25 APRIL 1985 CHAIRMAN Sidney C Rett Singapore TAX PLANNING REVIEW IM4/85 Sidney C Rett Sin gap*it CURRENT CONCEPTS AND
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  • Page 8 Miscellaneous
    • 662 8 m CRYPTIC PUZZLE ACROSS 3 Areo combed at the seas«de? (5) 8 Bird-like fieldsman? (5) 10 Establishment with a house phone (5) 11 Animol on toast? (3) 12 Diva's surname? (5) 13 Was effective as a noble Editor (7) 15 See leisure come to an end (5) 18 Tmy g*l
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  • SPORTS
    • 663 9  -  By WALTON MORAIS THE LATEST formula by the Singapore Tennis Centre to kindle interest in its Tennis Classic uses a combination of freshfaced youth, feline grace and feminine charm. And a touch of controversy too. Hopefully, the Crocodile Women's Tennis Classic on May
      663 words
    • 344 9 Reuter IVAN LENDL broke his Monte Carlo jinx on Sunday when he overcame Sweden's Mats Wilander 6-1, 6-3, 4-6, 6-4 to capture the principality's tennis tournament title for the first time. Lendl, top seed for the fourth year in a row, claimed the crown
      Reuter  -  344 words
    • 577 9 Reuter AUGUSTA NATIONAL, the club founded by the legendary Bobby Jones and the home of the United States Masters golf tournament, has thrived on a welltended tradition of Old South elitism. Yet the publicity-shy, allwhite membership will throw open
      Reuter  -  577 words
    • 359 9 Reuter FRENCHMAN Alain Prost's comfortable victory in Sunday's Brazilian Grand Prix in Rio de Janeiro shows that the mighty McLarens, which dominated last season's Formula One championship, have lost none of their power. "We have shown that we are still
      Reuter  -  359 words
    • 346 9 AP WITH HOWLING winds sweeping away the hopes of some of golf's more glamorous names, Joey Sindelar swept past 15 players with a closing 69 and scored his first professional victory on Sunday in the Greater Greensboro Open in North Carolina. Sindelar, 27,
      AP  -  346 words
    • 291 9 Reuter URUGUAY played attacking football on Sunday in Montevideo to beat Chile 2-1 (halftime 1-1) and become the first team to qualify for the World Cup finals in Mexico next year. Uruguay, World Cup winners in 1930 and 1950 and favoured to win South American Group
      Reuter  -  291 words
  • Page 9 Advertisements
    • 253 9 t-7 BEST U.S. STEAK fjft t Direct from Harris Ranch in Central California. The Number anH rwMM in Qinnarwfi Lt\ T7#*U a Direct from Harris Ranch in Central California. The Number One Steak in California, and now in Singapore Only at Jack's Place Steak Houae you'll find six different choces
      253 words
  • Page 9 Miscellaneous
    • 960 9 to an© mm*) HIGHLIGHTS Miller's Court The Set Up 11.30 pm, Chonnel 5 A question in this court drama is whether a college student, who buys cocaine from an undercover agent, is guilty of an offence. tIUIIHH 5 2.30 PM SBC Text "Live" Sample Pages 3.00 Openini and Propamine Kghfights
      960 words
    • 94 9 Play golf the Sevvy way HE.N "THERE. \S> A 3RJEAK OR OK THE PUTT THE ATAOUNT OF BREAK NOU SHOULD ALLOW FOR DEPENDS ON HONN HARD NOU WE GOING "*"0 VA\T THE POTT.. IP IT LOOKS AS \F THERE \S A "TWO-INCH BREf\K, i BUT NOU ARE GO»NG TO STR\KJE
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  • INTERNATIONAL COMPANY NEWS
    • 1355 10 FT BRITAIN'S overseas trading companies, which made their fortunes in the far-flung corners of the Empire, are bringing more of their riches home. The £116 million takeover by Harrisons and Crosfield, once one of the biggest plantation owners in Malaysia, of the East
      FT  -  1,355 words
    • 202 10 NYT AN INVESTMENT group led by Thomas Boone Pickens plans to make a U553.46 billion bid to buy 64 million shares of Unocal Corp for $54 a share. If successful, the group, Mesa Partners n, will increase its stake in Unocal
      NYT  -  202 words
    • 561 10 NYT LIKE ANY conglomerate in this age of rapid-fire takeovers, Gulf and Western Industries has a problem. It may be worth more dead than alive. Add to this the fact that the company's attractive Paramount Pictures operation is in the heart
      NYT  -  561 words
  • Page 10 Advertisements
    • 117 10 m n 5m U ■UHfIU r < n r r* i* St i r -tti>l Krt SINGAfCIE MAKf; ASPIPH HI) C( >Mf:hACK MTIiIMWIiAPY I AN f 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.
      117 words
    • 84 10 :m fhis dy oain att <* ,hC jßob»n' s Tavctn see <"&I"d> «1 g*^ Ml VAavc a wv HOTEL ASIA Many happy returns ■gBHi 37 Scotts Road Singapore 0922 JMBOA V V Tel *****88 Tev. RS ***** HOTASIA mo' The 24-hour coffee house that offers you a superb menu from
      84 words
    • 56 10 Time: 12 noon 2.30 pm Price: $12.0CT Fashion Show: 1.15 pm Models by: mari/olon Modeling Agency Clothes by: Top Trend PRESIDENT MERLIN HOTEL SINGAPORE 181. Kitchener Road, Singapore 1 Tel: *****22 Daily new Businessmen's Lunch at only $12.50 Boiled Beef Flemish Style Fresh Vegetables Hash-Brawn Fbtatoes Emperor's Room. Hotel Royal.
      56 words
    • 151 10 a taste of Spring w> at the Tiffany f Coffee House CHERRY BLOSSOM BUFFET Lunch (between 12 noon and 2.30 pm) 5516.00 Dinner (between 6.30 pm and 10.30 pm): SslB.oo gjg) Try our special Sake cocktails tJT Sake Blossom, Martini, Collins or Dragon only Ss7.so++ each. A3F 10 Eu T
      151 words
    • 166 10 >4 i Ting Cheng L6u Teochew Restaurant for the best Teochew delicacies in town. > Discover our famous dian-xin, delicious steam-boat Teochew porridge and other mouth-watering delights prepared by hong Kong chefs. And feel like royalty while C you dine in Oriental splendour. Open daily from: 11.00 am 3.00 pm
      166 words

  • ASIAN STOCKS
    • 404 11 TOKYO: Share prices rose in active trading yesterday despite concern about the economic outlook for the US and Japan. The market average climbed 65.98 to 12,635.96, it's highest point since last Wednesday's record high of 12,683.26, and the turnover was 470. million shares against 260 million in Saturday's half-day
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    • 126 11 MANILA: Share prices closed mixed in quiet trading yesterday. The Commercial Industrial Index was unchanged at 132.17 while the Mining Index eased 1.89 to 686.72 and the Oils Index gained 0.004 to 0.625. The Hongkong, Australian and Bangkok markets ware closed yesterday. 0 0074 0 006 An ot ram
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    • 212 11 AM Ot Al Saicar* Indus MT 3 95 24 00 -0 26 Kuochan D«v Lwn Hwa InAis Nan Ya P»as Pocrfic Com Pocrfic Elect W>t 16 10 11 60 27 20 20 50 1580 6 6666 IT U> KJGJ 23 90 -04 1 36 •0 08 16 20 -0
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    • 97 11 APR 8 Woo Hyundoi Const 902 unch -5 Hyundai Motor 580 Bank Seoul 600 5 KAL 665 unch 16 •3 Choheung Bk Commercial Bk 582 640 unch -3 Korea F*st Korea Oil 660 1697 Doelim Ind 482 -12 Korea Ship 491 +16 -11 -27 -5 29 Daewoo Corp 475
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    • 268 11 Reuter CHRYSLER CORP chairman Lee lacocca plans to negotiate terms for a joint production venture in the US with Japanese carmaker Mitsubishi Corp during a trip to Japan starting later this week. Quoting industry sources, the trade paper Automotive News said the joint
      Reuter  -  268 words
    • 150 11 UPI UNION BANK of the Middle East, in which the government of Dubai holds a 73 per cent stake, has acquired 50 per cent of Nepal Arab Bank. The government opened the Nepalese bank last year in a bid to
      UPI  -  150 words
    • 538 11 Reuter THE THAI stock market, supported partly by net foreign investor buying, has advanced this year in spite of high interest rates. Brokers and analysts said bullish sentiment should stay under control in the immediate future. The Securities Exchange of Thailand Index
      Reuter  -  538 words
    • 555 11 AFP HONGKONG'S bullish stock market is riding a three-year high and tipped to climb further after shaking off the political blues over the prospect of Chinese rule in the colony. Even a spate of mixed corporate results has failed to puncture the optimism with
      AFP  -  555 words
  • Page 11 Advertisements
    • 480 11 *|$'**|\)''`~[]+'/>>\'`).$`_)%' new menu. A WUETY Lunn COfFEE HOUSE 2nd Floor (§Ol Apollo Singapore 405 HavetocK Road Singapore 0316 Tel: *****81 Harbour Grill *irI s Nightly to an ambience of quiet elegance, our chefs tempt and surprise with the ultimate gourmet adventure. Cuisine en Evolution. The Harbour Grill. The experience is
      480 words
    • 102 11 Savoury Delights Await You At Si o o z u Hong Kong Diah Xih available daring lunch! For reservations call 235 2698 or 734 6622 ext 141/144 butch: 11am —3pm Dinner: 6pm— 11pm «r« r*f. 19 Cairahill Circle Singapore 0922 Id 734 6622 CMMNKI HOTEL Ample Free Parking and Valet
      102 words

  • RAW MATERIALS
    • 637 12 Output of non-ferrous metals to be doubled AFP CHINA, the world's sixth largest producer of non-ferrous metals, is restructuring its industry to boost output and check unauthorised trading spoiling the market, a top official said. Mr Wang Gang, vice-presi-dent of the China National Nonferrous Metals
      AFP  -  637 words
    • 261 12 Reuter THE TOKYO Sugar Exchange has decided te create aa "associate member system" te encourage foreign participation in the exchange's raw sugar futures trading. An exchange spokesman said the decision was initiated by the Agriculture Ministry with the »im of internationalising Japanese commodity
      Reuter  -  261 words
    • 489 12 Reuter AMERICANS are drinking more coffee for the first time in 25 years and coffee dealers think it is because of a new advertising strategy. Instead of claiming that one brand is less bitter or has less acid than another brand, the new advertisements proclaim all
      Reuter  -  489 words
    • 269 12 Reuter CANADIAN Foreign Minister Joe Clark said that the Soviet Union wanted to renew a grain agreement with Canada but he has received no indication of latest Soviet harvest output. Speaking to reporters, Mr Clark referred to the current bilateral grain agreement, which expires
      Reuter  -  269 words
    • 232 12 Reuter BURMA is giving greater emphasis to crop diversification, to reduce its dependence on rice exports. Deputy Prime Minister and Finance and Planning Minister Tun Tin said wheat, maize, pulses, oilseeds, rubber, tobacco, coffee and tapioca crops are being developed in addition to rice,
      Reuter  -  232 words
    • 204 12 UPI PHILIPPINE coconut export volumes and earnings dipped by about half in the first quarter of this year compared to the same period in 1984 but are likely to pick up this month, the industry association said last week. Exports in February totalled only 44,717 tonnes
      UPI  -  204 words
    • 102 12 TOKYO: Futures closed mixed yesterday, but with most positions gaining on dollar firmness against the yen and with some small-lot fresh and speculative buying by private investors expecting a rise in overseas prices. However, trading was quiet with many investors holding to the sidelines because of the lack of
      102 words
    • 149 12 Chinese Produce Exchsnge (Sellers' noon closing prices on Apr 8 S$/100 kg) Coconut oil Bulk FOB 155.00 Old drum FOB 168 00 New drum FOB 172 00 Copra Mixed (loose) 85 Pepper buyers Muntok White FOB NLW 835 00 Sarawak White FOB faq NLW 825 00 Sarawak special
      149 words
    • 56 12 THE Malaysian crude palm oil market closed firmer on further covering interest yesterday prompted by Pakistan's RBD palm oil purchase last week. Trading was quiet. April deliveries in the central region rose MJ22.50 to $1,457.50 per tonne, while May in the central was traded firmer at 11,427.50. The
      56 words
    • 87 12 Singapore (S$/kilo, ei-godown) Thai Boiled Rice 5% 060 Fragrant new crop 1st 086 2nd 065 Burma Rice 10% 059 3rd 060 Java Brans New Crop 25% no stock White special 021 10% no stock quakty Thai Broken China maize 029 A-super 0 58 Thai Maize 030 Special 0 55
      87 words
    • 120 12 THE Kuala Lampur Tin Market price remained at M 529.35 per kg yesterday, at the lower end of the International Tin Agreement range of $29.15 to $32M, with the buffer stock manager taking the bnlk of offering. Turnover rose to 495 tonnes from 339 on Friday with miners
      120 words
    • 316 12 FT AGAINST ALL ODDS, the International Tropical Timber Agreement between leading producing and consuming countries has come into force. The United Nations Conference on Trade and Development (UNCTAD) said in Geneva that a last minute move by Egypt to join had "saved the
      FT  -  316 words
    • 331 12 AFP PRODUCTION of lead and zinc in European countries of the Organisation for Economic Cooperation and Development (OECD) both fell in February compared with the same month last year. But while stocks of lead increased by some 13 per cent, zinc
      AFP  -  331 words
  • Page 12 Advertisements
    • 401 12 SUC UNITED OVERSEAS LAND LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Twenty-Second Annual General Meeting of the Ordinary Stockholders will be held at the Function Room, 3rd Storey, The Plaza, 7500 A Beach Road, Singapore 0719 on Tuesday, 30
      401 words
    • 77 12 THE BANK OF TOKYO, LTD. Singapore Branch U5515,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE OCTOBER 9,1985 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from April 9.1985 to October 9.1985 the Certificates will carry an Interest
      77 words

  • SHARE INFORMATION
    • 4120 13 AFTER watching the market drift lower in the morning, bargain hunters returned in the afternoon and helped to arrest the slide. The indices closed lower but were little changed from their noon closing levels. The BT Composite Index fell 3.10 points to 730.71
      4,120 words
    • 207 13 SINGAPORE Rises Indices Kaatacfcy V* 288 Date* Baby 605 »MnMM MM 360 OriMtal HWf» 298 Tractan 274 S f H 640 H IMI 130 M I F HUgi 50« 195 It! 14 10 10 6 46 5 4 3 3 3 April 4 8TCom»oirti 733.81 ITMoHf *******
      207 words
    • 2728 13 BID and offer prices officially listed and business in and re- ported to the Stock Exchange of j 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 j quoted after
      2,728 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 953 14  -  THE MONTH THAT WAS By HOMER CHEN STOCKS are now trading at attractive levels following last month's correction on the Stock Exchange of Singapore. The BT Composite Index fell 8.79 points to 730.44 at the end of March while the Straits Times Industrial Index dropped 18.55
      953 words
    • 75 14 PALMCO Holdings Bhd has finalised the acquisition of a 20 per cent stake in Equity Finance Corp Bhd for which it is paying M 5852,000 cash. Two directors, Datuk Chan Woot Khoon and Mohd Yussof bin Abdul La tiff are acquiring separately for themselves 10 per cent
      75 words
    • 338 14 FT UK STOCKBROKING firm Laurence, Prust is planning a three-cornered grouping with a foreign bank possibly Bankers Trust of the US and Framlington Group, a leading unit trust manager, with which it already has close links. Laurence, Prust, a mediumsized broking firm with a
      FT  -  338 words
    • 534 14 MALAYSIAN cigarette manufacturers may have to increase the prices of their products substantially if the government turns down their request for a cut in import duty on additional tobacco they have to import this year. The companies claim they have to bear
      534 words
    • 229 14 Monogers' prices for April 9 Singapore Unit Trust The Commerce 2.11 2.24 The Savings Fund 1 46 1 55 S'pore Prog Fund 0 90 0 95 S pore Sec Fund 132 I 40 S'pore Invest Fund 0 93 0 98 S'pore Equity Fund 0 91 0 96 Asia
      229 words
    • 330 14 LACK OF INTEREST among investors caused share prices to close on an easier note at the Kuala Lumpur stock market yesterday. Trading was quiet except in a few selected counters which recorded small gains. The market opened on a quiet note and thereafter drifted lower
      330 words
    • 2204 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets in lota of 1,000 units unless otherwise specified. MDUSTRIALS A Owe (2.288 2.305) (1) 2.30 AMD(-) (1)3 10(3)
      2,204 words
    • 95 14 HONGKONG Hong Seng Index Monday Closed Thursday 1471.25 Week ago 1389.13 Australian Industrials Monday Closed Thursday 1195.2 Week ago 1190.6 NEW YORK Dow Jones TOKYO Tokyo Dow Jones Friday Closed Thursday 1259.05 Week ogo 1266.78 Monday ***** 96 Saturday *****.98 Week ago *****.87 Standard Poors Friday Closed Thursday
      95 words
    • TAKING STOCK...
      • 705 15 HOCK LOCK SIEW MARKET TALK of a possible bid for United Overseas Land following the appearance of the MUI group with a strategic 24 per cent stake seems rather misplaced in the light of the property-cum-hotel company's latest shareholding figures. There is little doubt
        HOCK LOCK SIEW  -  705 words
      • 663 15 THERE IS A new twist to the i much talked about restructur- ing of Supreme Corporation's finance-based operations under Supreme Capital Resources < Bhd. It was earlier intended that Supreme Finance be floated under Supreme Capital Resources. However, it appears that the flotation has been put aside
        663 words
    • 150 15 TAT LEE BANK Ltd has announced that as at March 31, 1985, foreigners owned 7.94 per cent of its paid-up capital. MALAYSIA MINING CORP Bhd and subsidiaries produced 487.47 tonnes of tin concentrates in March. Due to tin export control, MMC's No 3 dredge was shut down throughout
      150 words
    • 602 15  -  Cash call not expected to be made By NAJEEB JARHOM TDM Bhd, the control of which recently passed into the hands of two influential bumiputras from Datuk Yap Yong Seong, is expected to make a bonus issue on top of an acquisition
      602 words
    • 277 15 THANKS TO better commodity prices and improved production, Dunlop Estates Bhd, the plantation arm of the Multi-Purpose group, turned in record profits last year. In the 12 months to end-De-cember, group pre-tax profits more than doubled from M 529.1 million to $58.3 million
      277 words
    • 427 15 RALEIGH CYCLES (M) BHD, which has been diversifying aggressively of late, may soon be venturing into an entirely new line. There is talk in the market that Raleigh is planning to take over an interest in a leading food manufacturing and distribution
      427 words
    • 468 15 MOTOR DISTRIBUTOR and property-based Asia Motor Company Bhd will offer eight million shares of Msl each at par for subscription in the latest public issue on the Kuala Lumpur Stock Exchange. Sources say the issue is expected to hit the
      468 words
    • 253 15 LAST FULL YEAR Com pony Period Date announced last year Year ending Net EPS (cents) Gross div Net profit ($'000) Porkwoy Hldgs Pohong Inv Ton Cnong SPK-Sentoso FELS 0 U B 0 U E OUT K L Industries Interim Final Final Final Final Fnol Final Final Final Nov
      253 words
  • Page 14 Advertisements
    • 129 14 NEED A DIRECT LINK TO U.S. FOOD SUPPLIERS? lISQ 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
      129 words
    • 203 14 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIPS NAME I, Mltsutoshi Nawa, Managing Director of Nan Hal Steamship Pte Ltd, hereby give notice that in consequence of the Intended change of name of our ship, I have applied to the Registrar of Singapore Ships, under section 417 of the merchant
      203 words

  • Page 15 Advertisements
    • 66 15 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 11th April, 1988 of: EUROPEAN ASIAN BANK 50, Raffles Race, Singapore 0104. We hereby certify that the rate of interest payable on the above mentioned Certificates of Deposit for the interest Period beginning on 9th April,
      66 words
    • 6 15 Managers must manage BT every Monday
      6 words
    • 105 15 AN OPPORTUNITY TO INVEST IN PETROL STATION BUSINESS The following 2 petrol station sites were released for tenders recently: 1) Tampines Avenue 2 Site area approximately 3,917.5 sq.m. 2) Yishun Ring Road Site area approximately 1,900 sq.m. TENDERS CLOSE ON APRIL 24,1985. We invite businessmen who are financially sound and
      105 words

  • 733 16  -  By RAY HEATH HOPES that a solution to Singapore Airline's problems over gaining permission to fly into Manchester Airport would emerge from talks between Prime Minister Mr Lee Kuan and Britain's Prime Minister Margaret Thatcher have proved unfounded. According to Mrs Thatcher, the subject
    733 words
  • 231 16 TAIWANESE real estate investors are in Singapore to seek investment opportunities and to learn from the local construction industry. Mr Wang Yin Chieh, administrator of the Real Estate Investment Association of Taipei, said the association's member companies were interested in exporting building materials such as cement
    231 words
  • 150 16 Reuter INDONESIA will announce reduced port charges later this week as part of the government's decision to streamline customs and port procedures. A government spokesman said charges for anchoring, towing, mooring and use of pilot boats would be lowered and standardised for all ocean-go-ing vessels.
    Reuter  -  150 words
  • 99 16 MR SEOW Khee Leng, the secretary-general of the Singapore United Front, was unsuccessful in his application to have a defamation suit from the Prime Minister and his Cabinet struck off. The High Court application was dismissed with costs by the Registrar, Mr Roderick Martin. Mr
    99 words
  • 217 16 SINGAPORE AIRLINES has sold its stake in Singapore Aero-Engine Overhaul Pte Ltd (SAEOL) for an undisclosed sum. The sales agreement was signed with Singapore Aircraft Industries the multi-million dollar aerospace arm of the Ministry of Defence (SAI) two and a half months ago.
    217 words
  • 92 16 AFP WORLDWIDE oil purchases from the 13 members of the Organisation of Petroleum Exporting Countries will this year drop by more than half a million barrels a day, and consumption by the major industrial countries will be roughly unchanged, the International Energy Agency forecast
    AFP  -  92 words
  • 498 16  -  By MONICA GWEE THE FACTS of political life must be brought home to Singaporeans through example rather than "arid argument". One way to create a closer bond between new voters and the new leadership may be incentives to vote responsibly. Brig-General (Res)
    498 words
  • 56 16 Reuter WALL STREET stock prices edged lower in early trading yesterday. The Dow Jones Industrial Average was down about one point to 1258. Advances had a narrow lead over declines. CBS, which reported firstquarter earnings of 56 cents compared with US$l.3l, was up 1% to 111. The
    Reuter  -  56 words
  • LATE FILE
    • 53 16 UPI A MUCH-TOUTED package of market-opening measures being announced today is not likely to satisfy the US or immediately reduce its trade friction with Japan. Officials in Tokyo said yesterday that while the measures have not all been finalised, US officials are sceptical of
      UPI  -  53 words
    • 44 16 Reuter NEW ZEALAND Prime Minister David Lange said in Lusaka yesterday that he would stick to his anti-nucle-ar policy, and believed an understanding would be reached with Washington over the ban on nuclear warships entering his country's waters. Reuter
      Reuter  -  44 words
    • 51 16 AFP OPPOSITION parties yesterday boycotted a government panel on solving the Sikh autonomy issue in Punjab state as officials ordered another crackdown on separatist activity there. India's right and leftwing parties have refused to meet a ministerial cabinet sub-committee touring Punjab, said the Press Trust of India.
      AFP  -  51 words
    • 55 16 Reuter INDONESIA has said that Cambodian leader Prince Norodom Sihanouk is still welcome to attend a Third World conference later this month despite Vietnam's threat of a boycott. The official Antara news agency yesterday quoted Foreign Minister Mochtar Kusumaatmadja as saying that Prince Sihanouk was still
      Reuter  -  55 words
    • 46 16 AP DEPOSED Sudanese president Gaafar Numeiri was taken to a hospital yesterday for a battery of medical tests. A source close to the Egyptian government said previous reports that Mr Numeiri, 55, had suffered a heart attack were mistaken.— AP
      AP  -  46 words
  • Page 16 Advertisements
    • 295 16 COOPERS LYBRAND ASSOCIATES PTE LIMBED pffiffltl INTENSIVE CARE A REMEDY FOR CORPORATE INSOLVENCY 19 April 1985 Mandarin Hotel, Singapore OBJECTIVE In today's competitive business environment, many companies face financial difficulties. Frequently, lenders and creditors of a troubled company face the prospect of appointing a receiver who may, or may not,
      295 words
    • 150 16 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, the crucial amount of funds to produce
      150 words
    • 3 16 8m Pag* 4
      3 words
  • Page 16 Miscellaneous
    • 57 16 Outlook for todoy: Foir expect for showers in a few areas from the late afternoon. Report for 24 hours prior to 7.30pm on April 8 at the airport: Maximum temperature 32.4 Associated humidity 62 Minimum temperature 24.8 Associated humidity 99 Hours of sunshine 8.50 Rainfall in millimetres nil Rainfall this
      57 words

  • SHIPPING TIMES
    • 251 17 Reuter AFP INDONESIA will announce reduced port charges later this week as part of the government decision to streamline customs and part procedures, a government spokesman said. Charges for anchoring, towing, mooring and use of pilot boats will be lowered and standardised
      Reuter; AFP  -  251 words
    • 92 17 THE JAPAN Harbour workers' union has called 55,000 longshoremen out on a 24-hour strike today at all major ports due to lack of progress in talks for a proposed wage increase. A union spokesman said the strike action was taken because of a lade of
      92 words
    • 353 17  -  By G DURAIRAJ THE existing timber terminal at Port Kelang's North Port, operated by Shapadu Holdings, will be relocated. It is part of a long-term strategy aimed at providing additional container handling capacity at the Port Kelang container terminal. It is understood that the port
      353 words
    • 642 17 Afeo VI 3 Ahrenkiel Liner V 4 Andeka Shpg VI 1 ANL 1 1 A PC Lm« V 4 APL M 4 ASCL i 1 Awabfoker V 5 Austasia Line V 1 Bait-Orient VI 4/5 Bangkok Cont VI 2 Bank Line V 5 B8S 1 4/5 Ben
      642 words
    • PORT SIDES
      • 74 17 MR LIM Kim San has been appointed chairman of the Port of Singapore Authority for another year, with effect from April 1, 1985. The other eight members of the Authority are Messrs Lam Chuan Leong, Ngiam Tong Dow, Lawrence Sia, S Chandra Das, Tan Keong Choon, Lua
        74 words
      • 41 17 A TWO-VESSEL container service linking Australia and New Zealand is to start mid-July. The line comprises three New Zealand companies, McKay Shipping Ltd, Geo H Scales Ltd and an unnamed group, and Australia's Heatherington and Kingsbury Pty Ltd.
        41 words
      • 131 17 FOR the first time since World War n, a regular ferry service linking Kobe and Shanghai will start to operate next month, a Tokyo shipping daily reported. The new ferry service will be operated by China Japan International Ferry Co which is to be set up soon in
        131 words
    • 440 18 AP THE US Navy said on Friday that a tiny three-man-submarine named the Sea Cliff had successfully completed a conversion for "deep submergence" work and made an ocean dive of 6,100 metres off the coast of Central America. Although officials would not
      AP  -  440 words
    • 82 18 HANJIN Container Lines and Korea Marine Transport Company will launch a new twice weekly sailing to the US west coast ports by the middle of the year. By pooling their ships the companies will be able to increase their reefer capacity. The partners will operate two services.
      82 words
    • 190 18 A 2,500-TON support ship, built in Scotland for Iran for £20 million, was allowed to sail for the Gulf on Friday, the British Defence Ministry said. The decision was expected to spark political protests, at a time of escalating violence in the Iran-Iraq
      190 words
    • 112 18 A WEST German luxury liner Europa became the first large passenger liner to call at Tokyo port since its opening in 1941. The 33,819-ton ship was giving a colourful welcome featuring fireworks, a waterjet display by marine fire-fighters and a band as it berthed at Harumi
      112 words
    • 926 18 FT AT NINE in the morning the crowd of tourists is let in to visit Miraflores Lock at the Pacific entrance to the Panama CanaL It remains to this day one of the great wonders of modern engineering, with virtually all the same
      FT  -  926 words
    • 1153 18 ARGENTINA Bahia Blanca March 19th. Delays uncertain due to explosion. 2 grain vessels berthed, 30 waiting to load grain. Some vessels may be given alternative ports. Buenos Aires Uncontested but 8 vessels due for maize loading A 4 for wheat so congestion likely. Open berths still available for
      1,153 words
    • 215 19 TRANSOCEAN Shipping Agency has changed its name to Trans Barwil Agencies to reflect the identity and strength of its new shareholders. The United Kingdombased agency has two owners, Swedish Transocean Lines and Barber Wilhelmsen Agencies, and aims to become a major liner and port agent
      215 words
    • 489 19 Lloyd's List HYUNDAI Heavy Industries, the biggest shipbuilder in South Korea, is to make an urgent demand that the Ministry of Trade and Industry impose tight curbs on ship production and end destructive competition which is threatening the industry. Leading executives of the
      Lloyd's List  -  489 words
    • 445 19 AP THE PROSECUTOR is seeking jail sentences for only five of the 18 Greeks accused of scuttling the Salem after selling its 180,000-ton crude oil cargo to South Africa. The three-week hearing by an appeals court was marked by legal
      AP  -  445 words
    • 468 19 April 18 The law on pi- i lotage, 1740 hours, Hon i Company of Master Mariners, HQS Wellington, Temple Stars, Victoria Embankment, London WC2. April 11 Wingsail auxiliary propulsion, joint Royal Institution of Naval Architects (London Branch) and Nautical Instutute meeting, 1800 hrs, RINA, 10 Upper Belgrave Street,
      468 words
    • 5010 24 QSQBijyDQja A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      5,010 words
    • 669 25 sssr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival r LCL movement Ship Voy dote/time Operator cargo schedule Location B Teratai Siri Bhum Zim Eilat B Melati N Ananiev Jenlink Johore Br Al Miraq Maersk Rando Ned V Diemen Glory Ace Ned Houtman K Chance
      669 words
    • 1844 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Aden** <S> lfro-Esra»la line Ti ansgroup >Si \hrrnklrl liner Service Kim Shpe 'Si Alfred Taepfer Oreanus Shipping Agen i*s iS> Manntex Enterprise 'PKi Xlpar Inttasea «S Bintang Shpc < Kl.• Lslaml
      1,844 words
    • 345 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Auby K24E SSPL alongside 9.4.85/0600 Belalt K24W SSPL alongside 9.4.85/0600 C Princess K36 H Gllf alongside 9.4.85/1500 Fengyan K15 Y Fung alongside 9.4.85/2300 G Mercury K29 SSPL alongside 9.4.85/2300 Kota Waruna K31 PIL alongside 9.4.85/0659 Ned Madras
      345 words
    • 186 26 THE MAJOR shipping consortia operating between the Far East/European, 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. Nedlloyd
      186 words
  • Page 17 Advertisements
    • 373 17 Forc«g n Dealing 5 Putokahmdby TIMES BOOKS INTERNATIONAL Times Centre j 1 New industrial Road §pore 1953 T«fc *****44 times o»garM«#ioo 556.50 IARDINK A NT'AH u *T>*|ENT OVHQEAS CotticMlet LINE FULLY CONTAINERISED SERVICE in FUROPF V'A SUE 7 EMMS 21W 10/4 MB ¥M 17/4 QKF 43* 24/4 yj V il
      373 words
    • 276 17 UNITED ARAB SHIPPING CO (SAG) SEAIORD SHIPPING AGENCIES T OShtnton Way H 0?C MinniHoutt Singapore 020? Tel *****94 *>» •No RW>4i9 CFS office TPC 03-30 Tel *****31 and *****32 Terminal office TPC 03 79 Tel No 2272«90 *****93 aUASC .l.w-TTr.TT M.THTrTtuEXPRESS FULL CONTAINER SERVICE kkomjuvw T \IW no\<; KO\(; TO
      276 words
    • 512 17 BALT-ORIENT CINE Baltic Shipping Co Rtfubr Sarvicos from South East Aria to IMtad Kingdom and i norm vonunwnn r on* Agent: Singapore Soviet Shipping CoPteLtd Tel: *****3 *r MAERSK LINE XPORT TO US*. EUROPE, MIDDLE EAST. WEST AFRICA ASIA i<» i .> I'M ihr< (in I I ANTIC. I AST
      512 words

  • Page 18 Advertisements
    • 339 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA FMLV ACE ttOBT ACE IMtar VSL LA/LB BM Mottwr YSL SEAT »C* SEIAMXA t ARROW 28/5 23/5 TOKYO M 24/5 27/! BEBHU M. 27/5 30/5 S. BEJSHU M. 8/4 l/l L ATOLLO l/C 4/6 HTUU 13/fi 14/1 Also accepting LCL Cargo for
      339 words
    • 221 18 li Supercarrier Service NEXT ARRIVALS BARBER PMMI 10/4. BARBER HECTOR 17/4. BARBER TOBA 8/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA TMn Kcapta* coats tar Hwitar (MB). 1 Franc*, Oakland, Stockton and San Otap via I Anfetos TO: CARIBBEAN CENTRAL AMERICA CHILE CAMBBEAN A/utoa. Curacao. Bridgetown PtakpMwri Port
      221 words

  • Page 19 Advertisements
    • 540 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd CONT AINERSWP SERVICE TO UK CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok KUSUSHU PEGASUS PRDE BANGKOK AGENTS: BORNEO AGENCKS LTD. BANGKOK TEL: *****80 TO SARAH. SARAWAK MP BRUC Alio Accepting Corgo For SHOUTS VENTURE BELMT SHUTS STM
      540 words
    • 409 19 NOTICE WALLEM SHIPBROKING (HONG KONG) LIMITED Singapore Branch We wish to advise that, with effect from 30 April 1985, we shall be closing the Singapore branch of Wallem Shipbroking (Hongkong) Ltd. The closing of this branch does not in any way affect the activities of Wallem Shipping (Singapore) Pte Ltd
      409 words
    • 370 19 Franco Belgian Services F+t lai. wxii ,-wm >'jr J.r»-n (MEMBFR OF ACF CONSORTIUM! fwi contah soma to awn STQK PJEUMBIe tew Mm FSm« ta Bltawa M IOKMOMNCE Mlpr (M Ipr) a Ipr 3t Apr 2Mm <Mm 5 May 7 May OOUBKH MS COMTMO 17 Apr (15 Apr) t May 7
      370 words

  • Page 20 Advertisements
    • 326 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandmavia, Med. Carribean ft S. America Inland haulage to inland destinations in Ewope P Kclmi S pore I Hamtarf Eipress Hanbwg Eiprni Thanes Mara Thames Mara City of Edrtugti City *> Edtturgh Tafeio Eipress Ida Eipress Cardgan Bay Cardfcan Bay Osaka Bar Osaka
      326 words
    • 325 20 K.S LINE FULLY CONTA INERISED SERVICE [TO EUROPE VIA SUEZ A "wfcf o* tt» Act Comortun KOREAN CHANCE 21* 1( HONGKONG CONTABCR 44N II OItENTU CtCF 43* 2< CWVALER ROB 43* WPTWf CRYSTAL 29W j ALSO 10A0MG FOR BREMERHAVIN 30 4 2/5 7/5 9/5 14/5 16/5 21/5 22/5 28'5 30
      325 words
    • 617 20 THONG SOON AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88. TELEX: RS ***** BOOKING: *****56 (DIRECT LINE) SINGAPORE TO PENANG Kli SOON U 'QBQCZZI l fniliHli SINGAPORE TO SARAWAK •EQUATOR •EQUATOR IV JENSON SK 8/85 SK 8/85 SS 2/15 SS 3/S5 SINGAPORE TO SABAH IHIIIEI 111 SKK
      617 words
    • 684 20 o EVERGREEN Full Container Service I Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED./FE) Round-The-World West Bound Service (FE/W.MED./EURO/USEC/CARIB/FE) I US WEST COAST SERVICE rem rei UN noM» mn-fortiw IK* GOME no gomc MOTHH *Sl no irwc no sprmg EVER LTMC no OCEAN ALSO ACCEPTMG CARGO TO; 1) LONG BEACH OKLAN) SAM OKGO
      684 words
    • 201 20 v< US I NOSE \^S MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sinf apart loadmf tar 20/4 B. Abbas. B Khomtn KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Sincapare Lm*« tar tfvnwi Docr7r iayapwa. Madam. Lae, KYOWA BREEZE Saied Rabjli Kjmb< P. Moresby, AJotau, Honiara,.
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  • Page 21 Advertisements
    • 770 21 ?\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL KOTA SALAM HOT A MUTIARA KOTA BEJATI KOTA RATU KOTA AGUNC VOYAGE HONGK E-559 12-13/4 CP/S/SS 12-13/4 E-SS3 2S-2S/4 E-565 1-2/5 E-957 7-8/5 HONGKONG SINGAPORE LOADING FOR: ADEN, HOOEIOAH, JEDOAH. AQABA, PT
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    • 728 21 BEN LINE CONTAINERS I*l JEBSEN LINE NEW ZEALAND SOUTHEAST ASM rjfarnfcr Lm tarn Aack/Tav Napar Tanara Staff TICA S 13S 17/5 21/5 25/5 21/5 I/C 2/1 B» TNRANGA 2S 26/5 5/6 7/6 18/6 on «mm e u/c i5/c 28/6 »/i 27/6 zt/c A<c*tat fa and lcl aabaul newax madam honara
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    • 528 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST STORE SERVICE FULL CONTAHER VESSEL. BUSM TOKOHMM KOK KMMSUNC HK STOW TCMOK COM Vl9 24/3 29/3 BU4PM4T *1» I* 1/4 11/4 31/3 3/4 13/4 lt/4 7/4 11/4 12/4 11/4 23/4 24/4 EAST BOUND STOK SOWAJ V7IB 7/4-12/4 (DSC OUT) WEST BOUND v pk
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    • 586 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadnc for Rangoon S'pore Ptushwetyawywa ¥252 10/11 Apr P, t» VS6 18/21 Apr Pi-an VS3 2S/30 Apr Ptushwetyawywa ¥253* 2S/30 Apr PJtetMC 26/27 Apr si BANK LINE EXPRESS SEHCONTAINER SERVICE TO UK/COHT SPORE R'DAM HULL HMBG IVYBANK 19 Apr
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  • Page 22 Advertisements
    • 1303 22 CfK LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEEDER VSI MOTHER VSI SPORE PKLG PNG SPORE KOBE GUAYAGUR CAIIAO MIC* IQUQUE AfAGASTA S ANTOIOO VAIPMAISO ASM SIM *35 IB* VSI 15 Ap IC Apr It Dpi 20 Ap 3 Ml* 25 Jun 2 M CM 7 M t M 12 M
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    • 542 22 '/tf CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tot LOS ANGELES SAN FRANCISCO SEATTLE TACOMA VANCOUVER BC Accepting FCL/FCL Containers P Retang Sin(apore I Angetes "BHARATENDV J/10 May 5 km AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers 22/23 Ape 2/3 Ma* «/S May 18/19 May 20/21 May 12/13 lone
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    • 597 22 SANKD ASIA FMOM JAPAN€S€ PORTS ANO HOHOKOMC 1 HAND KWONG 2. SANKO SCORPIO 3. BUM 4. SARUNTA I 5. TEKAO 6 TAMASUO MARU 7. NEW LEAOMG Snfapore PAcUnf It Port 9 Apr GON K 27/10 Apr 11/12 Apr 13/14 Apr 15/16 Apr 15/17 Apr 11/19 Apr 17/19 Apr 15/16 Apr
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    • 627 22 INTRASEA (PTE) LTD 10 Anson Road c 27 16 Internationa 1 Pla/a Singapore 0207 Tel *****1 1 11 0 Lines) o BREAKBULK SERVICE TO EUROPE/UK OCEAN NMD *****03 FORT NELSON 8M5905 S port P KeianfLoadi? forhi Pert SETE/ANT/ROTT/U.K. (AVON) 25 Apr 21 Apr ROTT/ANT/U.K. (AVON) AND R.M.Z.\^r, —S pore P
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  • Page 23 Advertisements
    • 597 23 SLNOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROP€ FULLY CONTAINERISED SERVICE »««<•••'•• t*« »ci Also accepting cargo to/from Scandinavia K CHANCE S'pore Closing Times: FROM EUROPE (VIA SUEZ) FCL Cargo 2359 9/4 LCL Cargo 1200 9/4 Where PK dates indicated in brackets, cargo to/from PK transhipped via TO AND FROM AUSTRALIA:
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    • 622 23 Vnul No 7 No 9 No t No i No 7 No 4 SOW /SO2N I 17/4 15 /M3N SO3N 5/5 /504N 11/5 503N 24/5 SPi*l ««NTS NJPIUNI AGfNCKS PTf 110 Irt ?*****7 7/***** ißooimfs) ???7SIO ??1?0?7 (op»>rjl.omt ????48 7 ??09?84 (Termmil) ??0?4S0 ??0?S04 (CFSI Ml I'MI AUNTS TUNAS Sf
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    • 770 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Martet Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELANG M/S SHAWMT NAH SOON SOU B» IST AND 2ND PLOW NO 1 JALAN CEMPEWNG POST KLANG MALAYSIA
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    • 41 23 SIM SWEE JOO SHIPPING SDN. BHD. EXPRESS TO BINTULU P. Ktian( Pa SWEE LONG SATU \tay 73 In Part Load** tar Hntuki. Mri Voy 46 ki Port Kuctanf. SJbu. JAMBATAN MERAH SDN. BHD. P. Kelang: *****6/7 K.L. *****7 *****1 Penang *****
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  • Page 24 Advertisements
    • 763 24 N VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE STOKt MTWEV RDM HAMBURG ROSTOCK SOMERSMUSEN 2/85 Apr 13 "»j 14 May 16 May NSMUVfi 3# Apr 21 May *21 22 My 23 May COTTBUS 2/85 M May H mOW 3/15 22 May IS IS h» 17 to IS km
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  • Page 24 Miscellaneous
    • 162 24 a Regional Weather m 4 is w 0 tsa&A SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature c X\ Weather —S Wind direction with speed m knots a,n e Wave height e Cloudy Sky Surfoce winds are indicated by arrows which fly with the
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  • Page 25 Advertisements
    • 72 25 7*^ mmvg FAR EAST/EUROPE CONTAINER SERVICE \IM I' l TTIPTM [U zm Em CH EHBICH9B CDH □czzHniHiza [J E3M iTTj niPTTMMM II TTWCT ALSO worn® FOR: wmor, L HNNE, UK, KKN, COTOMKEN, OSLO HIP acceptmg from bhk m, mm, eoT. iac. Minor, oao, cm mrmus ALSO ACdFTMC MTEMEDMTE CARGO TO
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    • 45 25 PHILITRON FORWARDING PTE LTD TFI *****22 (8 LINES) TELEX RS ***** PHILI CaQMK CHTTWOW6. KMUCHI •DOW. AQABA t HOOQNH •SMJUK HQMOOS. MSN. DOHA. KIMMT. OMHM ft MU DHMI •M.SO *CC£FTW6 TMO nrKOO mbmh. inc. m Dai*. POIT LOUB KUMKM ALOAMMtt. P«T MB. P*AEUS CASMLANCA. L—MTfl
      45 words
    • 263 25 LICOIINE M> Wc'l-'ittTl cnrnwoiK ill i i M/V ANJOU V4ISS M/V AMMGfMC VSLSS M/V CGM VELAY V6LSS Scan Dutch To Europe (Med UK/NC/Scan) 8 Butane SM B Batane 11/4 B Butane 18/4 B Butan( 25/4 B Butang 2/5 B Butane 9/5 4) OOTMEMBUHO ACCEPTMG/SMLMG To Red Sea Mediterranean MUCUS PENAMG
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  • Page 26 Advertisements
    • 279 26 Reach the heart of America through the Ports of Virginia. r N 11m-h VA America is a large and vibrant nation. From the industrial northeast to the sunny southwest—from Seattle to Miami to Chicago to Dallas exists a commercial, agricultural, geographical diversity unique in this world. And it's accessible to
      279 words
    • 336 26 MAI Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER 11 Apr Mombasa. Daressalaam 16 Apr Mombasa. Daressalaam 24 Apr Port Louis, Reunion 3 May Mombasa. Daressalaam. Tamatave M. GRACE OCEAN ELITE ASTRA PEAK SEA ARCHITECT EARNEST VENTURE NEDLLOYD MADRAS 12 Apr Monrovia. Abidjan. Lome. Apapa, Douala. Tema 7 May Apapa. Monrovia, Abidjan,
      336 words