The Business Times, 18 April 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, APRIL 18, ISBS 60 CENTS
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  • 233 1 TENANTS of Parkway Parade have accepted in principle the "discounts" offered by the owners last Monday to help them tide over the bad times with one exception. They think the across-the-board deferment of the collection of 15 per cent of the contract rent
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  • 627 1  -  Telecoms to set up comprehensive cellular mobile system By LIM SOON NEO WIDE-SCALE USE of cellular mobile telephone technology is expected two years from now when subscribers will be able to make a telephone call anywhere in the Republic with a portable
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  • 366 1  -  By JAIME LYE A REFUSAL by the Parks and Recreation Department (PRD) to allow the Meridien Changi Hotel to develop a stretch of Changi beach has been attacked by the hotel's management. The hotel complained that the decision was contrary
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  • Article, Illustration
    96 1 THE SINGAPORE stock market closed mixed yesterday after baying sapport Is the late morning failed to carry throagh. Trading In loan stocks soared to II per cent of total turnover, which Is anosoally high. Moch of it was dne to the haying interest in DBS loan stock. Property
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  • 348 1  -  By MONICA GWEE THE DAYS of publishers who give exaggerated circulation figures may be numbered. Media Circulations Services S Pte Ltd (MCS) is now the watchdog for circulation claims among media owners. MCS was launched yesterday by its five-man council led by Mr
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  • 90 1 MR S RAJARATNAM, Senior Minister (Prime Minister's Office) will undergo exploratory surgery of the chest today. He was admitted to the Singapore General Hospital on Tuesday afternoon for a persistent abnormality in his lung, detected after a recent bout of pneumonia. Specialists are of the opinion
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  • 473 1  -  By BOEY KIT YIN AMERICAN DEMAND for Singapore exports remained strong in February and was a major contributor to growth. Total exports rose by 14 per cent to $4.24 billion, with the US accounting for close to half of the increase.
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  • 40 1 THE Singapore International Monetary Exchange yesterday broke its record daily volume for the Deutschemark contract set barely a week ago. A total of 1,860 lots were traded yesterday, surpassing the previous high of 1,825 lots on. April 12.
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  • 96 1 THE GOVERNMENT may be asked to introduce measures to regulate the use of high-techno-logical medical equipment. A sternly-worded proposal for controls was made yesterday by Dr NK Yong, the president of the Singapore Medical Association, at the opening of Medic Asia '85. Dr Yong said the
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  • Page 1 Advertisements
    • 27 1 IbpsinCarAucfio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore: Phone *****22 Kuala Lumpur: Phone *****3/*****0 Penang: Phone *****/***** Jakarta: Phone *****9 pA"° e*«®„ c V%at9 e
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    • 266 1 SHARE INFORMATION DOONESBURY MONEY EXCHANGES LETTERS CROSSWORDS RAW MATERIALS AN ISRAELI professor has suggested that Israel could provide the scientific expertise while Singapore supplied the financing tor joint research projects in the field of biotechnology research and development. Peg* 2 DEVELOPING NATIONS have called for urgent efforts to help them
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    • 97 1 Full report, Pag* 13 Asian stocks, Pago 11 Intl stocks, Pago 10 The original deSede from Switzerland. A multifunctional element range You can zip a number of the same element together until you have the longest sofa in the world. That way you can always find a new arrangement for
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  • HOME NEWS
    • 412 2  -  Professor outlines plan for cooperation in research By GRACE YU A PLAN for Israel and Singapore to cooperate on biotechnology research and development has been sketched by Professor Michael Cais, former president of the Chemistry Society of Israel. Professor Cais yesterday suggested that Israel
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    • 120 2 ASIA COMPUTERWORLD, a fortnightly computer magazine, is to publish two editions to serve the South-east and North Asian regions, with the long-term aim of having an edition in each country. Singapore will serve as the base for the South-east Asian edition and the magazine will
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    • 299 2 TIME, as the saying goes, is money and 16 antique Cartier clocks now on sale in Singapore tick to a collective tune of $2.6 million. These collector pieces range from $27,000 to $269,700 each and are on display at Metro Grand at Scotts Centre until
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    • 189 2 A LACK of consumer knowledge about the appearance and handling of vacuum-packed frozen meat Ls holding back its market potential, the ProPak Asia 85 conference was told yesterday. Dr Ho Hon Fatt of the Primary Production Department said consumers were generally
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    • 89 2 THOSE IN DOUBT about the schemes and benefits administered by the Central Provident Fund Board can now turn to a slim handbook. Called the "CPF Members' Handbook", it provides information on how to make applications under the various schemes and which sections of the CPF Board
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    • 297 2  -  By SHAHRIR ARIFF FILTH IN FOODSTUFFS, the omission of information on can labels and the use of unsafe colour additives are some reasons why exporters fail to get pass enforcement agencies at American ports. But this can be avoided if exporters know the laws
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    • 238 2 MORE COURSES on robotic arc-welding will be conducted for industries in Singapore if there is demand. This decision follows the successful seminar and training course on arc-welding held recently at the Asea/EDB Robotics Training Unit (AERTU). The seminar, held last Saturday,
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    • 184 2 A CONVENTION on professional services and business opportunities in China will be held in lyAbout 25 speakers, most of whom are government officials from China and Singapore businessmen who have successfully entered the Chinese market, will be speaking at the convention, from July 24-26,
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  • Page 2 Advertisements
    • 170 2 At MDA Partners, The Big Idea is the one that stands above the mediocrity anH gets noticed. It stretches the effectiveness of your advertising dollar until a jk a it screams. It works harder and faster than boring ideas that W communicate only r after expensive and relentless repetition, ft®
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  • OVERSEAS
    • 453 3 Agencies THE FIRST of a batch of anx-iously-awaited US economic statistics, released on Tuesday, showed that housing starts were buoyant last month but industrial production remained essentially flat. The financial markets reacted cautiously to the new indicators which are not expected to provide a particularly
      Agencies  -  453 words
    • 213 3 Trial Reuter A FILIPINO airport official said yesterday that President Ferdinand Marcos had ordered the air force to take over security at Manila Airport a month before the murder of opposition leader Benigno Aquino. Airport manager Luis Tabuena said he requested that
      Reuter  -  213 words
    • 146 3 AFP OPPOSITION Filipino MPs have asked the National Assembly to oppose President Ferdinand Marcos's plan to reinstate General Fabian Ver to the top military post if acquitted of murder charges in the Benigno Aquino trial. Opposition MPs Homobono Adaza, Demetrio Demetria and Ciriaco Alfelor
      AFP  -  146 words
    • 273 3 AP TOP CHINESE leader Deng Xiaoping emphasised yesterday that "three obstacles" still prevent normalisation of relations with the Soviet Union but said the easiest one to remove was a Vietnamese pullout from Cambodia. Mr Deng's statement differed significantly from suggestions made by his
      AP  -  273 words
    • 628 3 Do not expect miracles from talks, Third World told AFP DEVELOPING NATIONS have called for urgent efforts to help them overcome recession and hardship associated with the debt crisis, declining aid and commercial financial lows and the dramatic situation in sub-Sa-haran Africa. But they
      AFP  -  628 words
    • 312 3 UPI A JUDGE has urged* Union Carbide to set up a US$5 million to $10 million fund for survivors of a gas leak at the company's Bhopal plant, but the company said victims would be better served by a quick settlement
      UPI  -  312 words
    • 91 3 UPI CHINA'S sweeping anti-crime drive, in which at least 10,000 people are said to have been executed, has brought the nation's crime rate to its lowest level in 36 years. Security Minister Liu Fuzhi said in an interview published in the English-language China Daily
      UPI  -  91 words
    • 376 4 Suharto anxious to see progress in Vietnam AP PRESIDENT SUHARTO has told Vietnamese Defence Minister Van Tien Dung that Hanoi has a better chance of development if the Cambodian problem is solved. The Vietnamese general met Mr Suharto yesterday at the presidential office
      AP  -  376 words
    • 137 4 UPI QUEEN ELIZABETH and the royal family demonstrated their support for Princess Michael of Kent as the British press and politicians yesterday clamoured for the truth about her father's Nazi background. The Czech-born princess attended a state banquet at Windsor Castle on Tuesday
      UPI  -  137 words
    • 241 4 Bernama ALL GOVERNMENT documents on matters pertaining to land and the accounts of the Kota Kinabalu Municipal Council will be displayed for public inspection today in what Berjaya says is a move to disprove opposition claims that it had denied land
      Bernama  -  241 words
    • 260 4 AFP THE LIFE SENTENCES of two underworld figures convicted in the murder of Chinese-American writer Henry Liu have been appealed to Taiwan's High Court. The district court sentenced Chen Chi-Li, reputed the head of the Bamboo Union gang, and Wu Tun, his lieutenant,
      AFP  -  260 words
    • 190 4 AFP CALM PREVAILED in Sri Lanka yesterday where Tamil-Muslim clashes for the past six days have left at least 13 dead, hundreds of houses destroyed and several thousands homeless. Command headquarters sources in Colombo said yesterday that no incidents were
      AFP  -  190 words
    • WORLD IN BRIEF
      • 52 4 THREE PEOPLE were killed on Tuesday in Karachi, Pakistan's largest city, when police opened fire on a crowd rioting over two students killed in bus accidents the day before. Hospital doctors confirmed the deaths and said 18 others were treated and released. The police had reported
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      • 70 4 PRESIDENT REAGAN said he will visit a former Nazi concentration camp during his state visit to West Germany next month to remind the world "we must never forget the holocaust". Mr Reagan reversed his earlier decision to bypass a camp on grounds that most Germans did not remember
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      • 53 4 AMERICANS will pay more than half of their income taxes this year to support military-related programmes, a study says. The defence budget project of the Centre on Budget and Policy Priorities, a non-profit research and analysis group, says 51 cents of each US tax dollar will be used
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      • 68 4 THREE BLACKS were killed and militants burned homes and a government building in Johannesburg in violence that flared a day after the white minority-led government said it would repeal laws against inter-racial marriage. At least 22 people were arrested on Tuesday as police and soldiers, who have been
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      • 60 4 INDIA'S provisional trade deficit in the first 10 months of the year ended March 31 fell to 38.04 billion rupees from 42.95 billion in the same period the previous year. India's Commerce Ministry said in a statement that exports in the period rose to 92.58 billion from 78.08
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      • 52 4 FRANCE has agreed to provide China with US$l9O million of mixed credits in the hope of winning big orders to re-equip China's telecommunications system. A separate financial protocol, also signed in Beijing, could provide the framework for $470 million of telephone and telecommunications contracts that still have to
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      • 63 4 Agencies THE US EMBASSY in Bangkok yesterday refused to confirm a news report saying that William Brown, Assistant Secretary of State for East Asia, would be the next American ambassador to Thailand. The Nation Review newspaper reported that Mr Brown, a career diplomat, would replace US Ambassador John
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    • 366 4 AFP PAKISTAN is planning to denationalise state-run industries and introduce private banking because of its deteriorating economy. Finance Minister Mehbubul Haq said in Islamabad yesterday that the new civilian government under Prime Minister Mohammed Khan June Jo would review and reshape economic policies and was
      AFP  -  366 words
    • 114 4 AFP FIVE CONSTRUCTION company employees and three Osaka City officials were yesterday given prison terms ranging from one year to 30 months for negligence which allegedly caused a gas explosion. The explosion at a subway construction site in Osaka in April 1970 killed
      AFP  -  114 words
    • 746 4 ARRIVALS Operator S*rvic* number Local time From RBA SIA AC CPA OA SIA SIA THAI SIA UTA MAS GIA SIA MAS SIA GIA SIA GIA THAI SIA LUFT THAI SIA CPA MAS MAS SIA UTA JAL SIA ***** SQI 03 AC858 CX710 GA960 SO 105 SO 201
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  • Page 3 Advertisements
    • 162 3 SEE THE BIG NAMES AT THE MODERN OFFICE EQUIPMENT, SYSTEMS TECHNOLOGY EXHIBITION APRIL 24-27, 1985, HALL 3, WORLD TRADE CENTRE, SINGAPORE Time: 12-Bpm Admission: Trade Visitors (By registration) PSON TOSHIBA Steetease form UCHIDA _j' NDS Martela OieTNS PUnNITU THE ULTIMATE PROFESSIONAL COMPUTER OffiC RJRMTURE liii twiiHiiil In an increasingly competitive
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    • 230 3 I ■->. j ii n I ,Si I k* -w A ''i/u :<sk The meaning of true privacy at CASA ROSITA Phase I Casa Rosita Phase I is the only condominium in Singapore which gives you true privacy in the living and dining areas. Linked by an adjoining passageway, the
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  • Page 4 Advertisements
    • 176 4 li i a wtii am 11: i «ii rr i /i as 3? <1 St 4ife o* (X A 4? ov Cafe La Terrasse will be going VAj Italian from April 12 30th. Vl Here's your chance to enjoy rich Italian cuisine, buffet-style for just $16++ a person. Savour 26
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    • 32 4 ma /W1 [\in \ni I- I l\nn; I l t>'k\ tI »Allili k" •111 »u Iv» tii <nek. MI-; M«tn»«lu!i! Sm I i.uiiiNo \< i. m k For Updated Intorrncition,Coll 220(1/ 1 1
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  • Page 4 Miscellaneous
    • 31 4 Doonesbury HNAWT TONIGHT, HJB TAKE A LOOK AT ONE OFTHEMOSTENDURN6 J RTT&OFimAMBV- canoouegescene- SPRING BREAK IN FORT LAUDERDALE! Sa «S m rrrr, iiii m m /> jrfi Wm tfppy. BY GARRY TRUDEAU
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  • WORLD BACKGROUND
    • 526 5 WHILE world attention has been focussed on the influx of Cambodian refugees into Thailand, little has been said about the growing number of Migrants' filtering into the country from its other neighbour Laos. More than 270,000 Laotions have crossed the border into Thailand in the
      AP  -  526 words
    • 857 5 FT A FOUR-POINT PLAN to help stabilise exchange rates by strengthening the authority of the International Monetary Fund over member countries' policies will be considered by the world's financial leaders in Washington. The ideas, which will be discussed in private
      FT  -  857 words
    • 436 5 THE PHILIPPINE government faces more hurdles in the coming weeks in its earnest bid to switch on the country's first nuclear power plant, which is getting to be regarded as a highpriced white elephant project. The 620-megawatt plant near Manila took eight years to build and
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  • Page 5 Advertisements
    • 198 5 v r*--What could Metro possibly have in ccmmm with Hewlett Packard? The American Express Corporate Card System. m m J* -i 1 The list of corporations using the American Express Corporate Card™ System is pretty impressive. So are their reasons. Increased control of company expenses, reduced cash advances, improved resource
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  • BANKING AND FINANCE
    • 629 6  -  By SOH TIANG KENG THE BUILDING boom in Singapore in the early 1980s has resulted in building and construction doubling its share of total bank loans (excluding bills financing) compared with other sectors in the past five years. Last year, building replaced manufacturing as
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    • 319 6 Reuter TAIWAN'S Finance Ministry has ordered four government banks to help rescue two banks facing huge loan losses in the country's biggest bank scandal. A ministry official said the banks would help run the Tenth Credit Cooperative Bank and the Cathay Investment and
      Reuter  -  319 words
    • 89 6 AP PRESIDENT REAGAN'S administration said the World Bank had not justified a need for an increase in its capital that would enable it to make more loans to developing countries. "They have to come in and make a case," said James Conrow, deputy assistant secretary
      AP  -  89 words
    • 197 6 AP THE Bank of China has been formally granted a banking licence by Australia. Treasury Minister Paul Keating said yesterday that he had presented the documents for the banking authority to the General-Secretary of the Chinese Communist Party, Hu Yao-bang, who is currently visiting Australia. Canberra
      AP  -  197 words
    • 146 6 Bernama THE MALAYSIAN government is considering the request by foreign banks to allow them to accept agricultural land as collateral. Datuk Musa Hitam, the Acting Prime Minister, said that the government would have to consider the interests of the nation and of the
      Bernama  -  146 words
    • 57 6 THE LOCAL branches of Banque Nationale de Paris (BNP) and First National Bank of Chicago (FNBC) have cut their prime lending rates by one-quar-ter percentage point each to 9 per cent. This came after similar moves by five major foreign banks on Tuesday. BNP's new rate took
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    • 72 6 FOUR Australian banks have applied for banking licences in Hongkong. They are Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corp. At present the four have only representative offices and deposit-taking companies in Hongkong. Three of the banks
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    • 696 6 SINGAPORE The US dollar closed slightly lower against most major currencies after fluctuating uncertainly in thin trading yesterday. The dollar closed marginally weaker at 3.0060/80 marks compared with New York's 3.0090/0110 close, after trading within a range of 3.0140 and 2.9850 marks. It closed a shade lower at
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    • 54 6 THE Monetary Authority of Singapore has invited banks and discount houses to tender for $135 million of 91-day Treasury bills to be issued at the option of the tenderer from April 22 to April 26. Each tender must not be for less than $250,000. Last day of tender
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    • 70 6 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/4point from Tuesday to close at 4-3/4 per cent yesterday. The one and threemonth term rates rose by 1/16-point each while the two-month rate remained unchanged. S$ Interbank rates at 3pm yesterday: Offer M mght 4 3/4
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    • 444 6 Reuter THE CANADIAN federal government has proposed sweeping changes to legislation governing the country's financial institutions, including a new class of bank which could be owned by a financial holding company. The Minister of State for Finance, Barbara McDougall, who released proposals for
      Reuter  -  444 words
    • Article, Illustration
      332 6 Asian market ASIAN dollar deposit rates closed easier yesterday compared with Tuesday's levels in moderate trading. Rates were depressed by a drop in US federal funds and Eurodollar deposit rates. Overnight closed at 8-7/16 8-5/16, down V* point from Tuesday and weekfixed at 8-9/16 8-7/16, down Vfc. One month ended
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    • 220 6 Interbank rates at 3pm yesterday: Locol dollars to Ounit of foreign rtarday e» p**r cM. currency: US dolor 2.1970 2.1985 ***** -22 08 Sterling pound ***** ***** 7 3469 -61 48 Australian dolor 1 4574 1 4600 3 4286 -57 49 NZ dollar 1.0117 1.0168 3 4286 -70
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    • 346 6 BA Futures FOLLOWING the bullish run in CME on Tuesday, Earedellar attempted higher at Simex yesterday. The June contract came off from the opening high of 91.10 to 91.05 before picking up again to close at 91.09. Although fundamentals were bullish, dealers were unwilling to take positions because of
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    • 169 6 HONGKONG: The metal closed higher in fairly active trading yesterday, reflecting the continued weakness of the US dollar. Bullion ended at U*****.50/329.00 an ounce compared with New York's $327.10/60 finish, but was below the $332.20/70 close here on Tuesday. On the local market, gold fell HK$33 to $3,060 a
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  • Page 6 Advertisements
    • 63 6 3^ 7Tr T7 -i i r «r-' H A A 4 private tatami moms, each cheerily cosy tastefully furnished. M Kampachi's very own 'Happy Hours' from 6pm to Bpm daily. So juice up the evenings with 20% off all drinks plus canapes on the house. Also 20% discount on a
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    • 97 6 Ei r <c* i Barratt LONDON PROPERTY PRESENTATION If you are interested in London property, you are invited to a presentation featuring the London developments of Barratt, one of Britain's leading developers. The presentation will include a short slide show and comment on the London property market Afterwards there will
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  • Page 7 Advertisements
    • 585 7 n 2^ WB C-* O wouldn t get very raiv npq k ft Business World presents Steelcase office plans for companies that are goir Most managers plan an office by starting with the space they can afford. Then they try to put everyone in it. They call a furniture company
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  • FEATURES
    • 513 8 THE IN-WORD in Singapore politics must be Feedback. It is not new, but feedback took a new dimension after a sizeable chunk of votes went to opposition parties in the last General Election. Tlie "feedback mechanism" was partly blamed for the swing in votes and there
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    • 1631 8  -  Computer giant hopes to gain ground from its Japanese competitors By GUY DE JONQUIERES FT JAPAN'S phenomenal rise in the past decade as a world force in electronics has given a disconcerting plausibility to doomsday scenarios of a total "takeover" of international markets. In products,
      FT  -  1,631 words
    • 189 8  -  Letter to the Editor Oringa Lee (Mrs) Public BeUtfew Officer flar Bead (Staint and PabHc Affairs) Stagapere Petytecfcakr Dear Sir, I wish to draw your attention to the article "Polytechnic's electronics department to be expanded" (BT, April 11), which reported the speech made by the
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  • Page 8 Advertisements
    • 195 8 Managers must manage. BT shows you how every Monday A FREE CONSULTATION WITH OUR INTERNATIONAL TRADE EXPERTS COULD BE WORTH A FORTUNE. Distance is only one of the obstacles businesses must overcome in order to establish trade on a worldwide basis. Consequently a talk with trade experts experienced in overcoming
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  • Page 8 Miscellaneous
    • 1136 8 to imd j HIGHLIGHTS Africa: Caravans of Gold 8 pm, Channel 12 Basil Davidson traces the routes of the medieval gold trade across the Sahara to the Berber cities of Morocco and Spain, and to the splendours of Fatimid Cairo. CHANNELS ZZD 2.30 PM SBC Teit "Live" Sample Pafes 3.00
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  • SPORTS
    • 667 9  -  SICC Open could be showcase for four promising amateurs By WALTON MORAIS THE Singapore Island Country Club Open Invitation tournament at the New course today could well confirm the position of the Republic's young golfers at the helm of the amateur scene. In recent months, no
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    • 441 9 NYT FOR ANY WORKER without a flair, it always takes longer to be appreciated. It's that way for the salesman without a gift of gab, the doctor without a bedside manner, the lawyer without a courtroom con, the actor without a big part. Until now,
      NYT  -  441 words
    • 461 9 UPI DON SLAUGHT and Pete O'Brien each tripled in a run in a four-run fifth inning on Tuesday to spark the Texas Rangers to a 9-4 victory over Toronto and spoil the Blue Jays's home opener. A crowd of
      UPI  -  461 words
    • 348 9 AFP THE WORLD'S best known squash tournament, the British Open, established its first Singapore connection when Peter Hill, the finest player ever to come out of the Republic, scored a significant 9-2, 10-8, 9-4 first round victory over Australian
      AFP  -  348 words
    • 567 9 UPI 808 DERNIER's one-out single down the left field line broke a scoreless tie and gave the Chicago Cubs their fourth straight victory on Tuesday, a 1-0 triumph over the Philadelphia Philliies in Chicago. The loss dropped Philadelphia to 1-6, the Phillies's worst start
      UPI  -  567 words
    • 411 9 AP RICK MEARS, the winner of the fastest and richest Indianapolis 500 a year ago, and Mario Andretti, the defending national driving champion and winner of the 1985 season opener last week, head the entries for the May 26 race in Indiana. The Indianapolis
      AP  -  411 words
  • Page 9 Miscellaneous
    • 667 9 ©iiCDsssiatiKatD CRYPTIC PUZZLE ACROSS 1 It's a beast to play (6) 7 The cure for a love philtre? (8) 8 Scorch the ears badly (4) 10 Railman's drink? (6) 11 If returning by night, we hear, it's not endless (6) 14 He and nine more are lion-like (3) 16 Where
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  • INTERNATIONAL STOCKS
    • 327 10 Reuter CITICORP'S first-quarter net income rose by 24 per cent to a record US$277 million from $223 million a year earlier. This reflects strong performances by each of the company's three core businesses. Institutional banking net rose by $33 million to $244 million, earnings
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    • 156 10 Reuter UNIROYAL INC chairman John Flannery has said investor Carl Icahn's US$lB per share tender offer for a controlling portion of the outstanding shares remains inadequate, based on the advice of the company's investment banker, Salomon Brothers. "The board is unanimous in its belief
      Reuter  -  156 words
    • 313 10 Reuter WALL STREET share prices posted another modest gain on Tuesday, with the market changing direction late in the trading session after hours of gradually lower prices. The Dow Jones Industrial Average gained 2.77 points to 1,269.55. Advancing issues led decliners by 781
      Reuter  -  313 words
    • 108 10 An i« c$ Hud Boy Mn Imp Ol 53* 19* 53 36* 33* kit Uts 23* 23* Karr Add 15% l9Vk 17* Bank Moot 26% Mouay Farg 2% inch Bonk Novo Scotia Mc BhxM 25% inch BoS Conoda 39 Mokon A 15* inch 35 23* 32% -1 Can Imp
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    • 187 10 Aft 16 Unaac 550 25 land Woofworth 1500 unch INDUSTRIALS MININGS A AJpha *9«i 25 2750 -50 Abarcom Angtvoal 2008 unch AC And a 375 +10 Byyoor* Buttab 1550 8775 •so -75 A 2750 +150 Chortaf 455 1150 -10 Com Gold 1375 30 C G Sn*h 1130 5 CNA
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    • 666 10 AT* 16 USS Ale on Akatwi Alcoa Lud AJfcad Own Cp AJb»<j Store* Afc-Chafcnart Am Branch be Am Broodcast Am Can Co Am Cyananad Am EWc Pw Am Exprau Am Horn* Pfod Am Motor* Cp Am Nature Gias AmT«IITd 24* 33* 27 41% 54* 61t 681* 105* 5t*
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    • 878 10 Amsterdam Aft 16 Fh AflN 416.00 -2 181 00 -4 Ahold 229 50 3 5 113 50-0 7 amev 219 60 21 76.60 0.1 54 00 -1 Bob 98 50 +05 ***** +5 Blv T.t 9100 -1 34 20 04 474 00 -1 Dai Mf 125 80 -0
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  • Page 10 Advertisements
    • 135 10 m Wter® to wlae, ila« asto eatortala •T I K A* UmCbJtvJk. to*J& JU*+— •tito M*. *+1 CM umW. IKTERrCOimKVTAI SINGAPORE Cascade garden 7*j V -'Ak Fancy good food and fun? Our Local Buffet lunch is really good value at $10 for adults $7 for children Mon to Sat. 12nn
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    • 90 10 i m si s ih <b^S? ®p® to '"S»n «w> I HOTEL ASIA Many happy raturns 37 Scotts Road. Smgapore 0922 fet *****88 fetex RS ***** HOTAS4A DELWOUSLY NONYA At The S[J coffee house We re-create epicurean delights from the Nonyas of Malacca just for you. Come and be captivated
      90 words
    • 62 10 tvr. d o a> JkL r lerracci Gardcp Time: 12 noon 2.30 pm Price: $12.0CT Fashion Show. 1.15 pm MOdetebV Modeling Agency swinv^arby Triumph International oottmby Blue Ginger PRESIDENT MERLIN HOTEL SINGAPORE 181. Kitchener Road, Singapore 0820 Tel: *****22 Daily new Businessmen's Lunch at only $1230 Today: Cream Andalouse Roast
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    • 125 10 (JUAu f unkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50-H--FURAMA SINGAPORE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel: 533 3888 iT^rTPiTrr*#; ORIENTAL CUISINE a* Fora Wealth of
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    • 165 10 London stocks, pago 15 t v* N V Tfye Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body N Soul from the Philippines. They'll captivate you! Happy Hoars: Spa 7pm. 2S%off all tfriaks. cnjSwn
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  • ASIAN STOCKS
    • 320 11 HONGKONG: Share prices fell on late profit-taking yesterday to leave the Hang Seng Index 15.33 points lower at 1505.97 at the end of the half-day session. Hutchison Whampoa, Jardine Matheson and Swire Pacific "A" fell 40 cents to HK523.50, $11.20 and $24.10 respectively. HK Bank dropped five to $9.30.
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    • 188 11 AFt 17 KT 3.04 -0.15 Lian Hwa lndu» Nan Yo Ptas Pacific Com Poafic Bact Wira 12.30 2660 19.40 1500 +0.2 -0.2 unch 0.25 23.70 -0.2 1 40 +0.02 24.30 0.2 16 40 +0.6 Chang hfcva Bank Chan loong Chn Hun Camant 49.00 20.90 22.10 14.50 -0.6 +0.4 -0.3
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    • 348 11 TOKYO: Share prices soared in active trading yesterday, led by bargain-hunting in incentive-back-ed issues, driving the market average past the 12,300 mark again after Tuesday's record one-day loss of 345.45. The average jumped 94.78 to 12,302.06, a level first reached over a month ago, on turnover of 450 million
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    • 95 11 MANILA: Share prices closed little changed in quiet trading yesterday. The Commercial A Industrial Index rose 0.45 to 131.96 while the Mining Index was unchanged at 702.77 and the Oils Index was steady at 0.625. API 17 NM Mantwl Oriental B 0.011 unch ***** unch Ph4*x 8 ***** 0
      95 words
    • 366 11 SYDNEY: Share markets closed easier yesterday, with most resource stocks lower after overnight falls in metal prices. The All Ordinaries Index fell five points to 853.8, its third successive fall. The All Resources Index lost seven to 589.2 and the All Industrials Index eased two to 1,191.5. National turnover
      366 words
    • 147 11 BANGKOK: Share prices closed lower in quiet trading yesterday with cement and bank issues leading trading activity. The Book Club Index dropped 1.37 to 137.09 and turnover rose to 90.9 million baht from Tuesday's 89.4 million baht. 106 AN 17 Aokham Thai lakti Siam City Camant Sooth Alio fibra
      147 words
    • 67 11 APR 17 Won 606 1 Hyundai Const Hyundai Mofof kal 901 568 460 -1 -2 -10 580 -20 Korea Frv 651 1 645 10 1721 -24 480 -3 Korea Sho 476 -4 502 -12 Lucky Ltd 610 unch 556 -4 699 -16 520 -5 850 9 620 -10 1235
      67 words
    • 58 11 Reuter THE HONGKONG government has applied to wind up Dominican Finance Ltd. Commissioner of deposittaking companies Robert Fell said the action followed an investigation begun on April 4. Registration was suspended on Jan 29. The government's Official Receiver has been appointed provisional liquidator and a
      Reuter  -  58 words
    • 417 11 AP SONY CORP has responded to Japanese Prime Minister Yasuhiro Nakasone's appeal to buy more foreign goods by importing picture tubes from its US subsidiary. Akio Morita, chairman of the multinational electronics maker, said the company would import 300,000 picture tube
      AP  -  417 words
    • 121 11 AP BOND CORPORATION Holdings Ltd of Perth, Australia, has agreed to market cars in Australia for Hyundai Motor Co beginning some time later this year. Hyundai officials say the Australian dealer will sell two Hyundai models the Pony and the Stellar. They declined
      AP  -  121 words
    • 165 11 UPI DAEWOO MOTOR, South Korea's Number Two carmaker, remained strike-bound yesterday as its 2,100 employees pressed their demand for a wage increase. Daewoo is a 50-50 joint venture between General Motors of the US and the Daewoo group, one of the largest conglomerates in South
      UPI  -  165 words
    • 96 11 AP A DRILLING RIG to be built in South Korea has received the go-ahead after the signing of a financing agreement. The package totalling U5552.9 million was for the building and sale of the rig to be called "West Future", with a capability
      AP  -  96 words
  • Page 11 Advertisements
    • 145 11 Ml M Ir Hi iir ■M J*"* 8M If cjo% £3 /=*> For a Feranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for only SSl4.oo++ per person.
      145 words
    • 228 11 Two styles of music nightly: June Harris and Jeramzee. X^TNjheplaying of sophisticated rnp ivories belongs to "V ft js) June Harris, with a vocal and repertoire to thrill and excite you. The other musical style belongs to Jeramzee. a local group. They're happiest playing 'swinging' music, jazz, fusion or call
      228 words
    • 123 11 V I.{. V', I "•'V^s^V^ \J\ zftimh. w H f a Pesta Pulau Pinang April 15-30 Lunch: $14** Dinner: $16 SPECIAL FEATURE Friday Vogue Fashions April 19 26. Showtime: 1.15 pm k LEVEL 4, Paramount Hotai, Marina Parade Road, Singapora 1544 Tat 944 5577 Ijafe £fie *^rand where you will
      123 words
    • 46 11 Dine and nine in the classic elegance of The Belvedere French restaurant par excellence. And let the stirring sounds of our music-makers hring hack the pleasures of evenings n ell-spent. For information and reservations, telephone *****11 ext 721. Q/Zmx/UM QD ktWintamrfnpnn i < < OnhjrJ Knud. SlllUJfKirv W2.i.
      46 words
    • 68 11 oum ii+m. yf %W 'Jf For reservations ptease call 734 6622 «xt 142 19 Cairnhill Circle Singapore 0922 0 restaurant \F Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridien 3rd Storey (near hotel lobby) 100 Orchard Road #03-100 Singapore 0923
      68 words

  • RAW MATERIALS
    • 374 12 Surplus supply expected for coming months Reuter JAPANESE MERCHANTS are looking to China as a promising market to off-load spot copper cathodes destined for Japan for April/June shipment, industry sources said. The sources said a domestic supply surplus is forecast in Japan in the
      Reuter  -  374 words
    • 298 12 Bernama MALAYSIA'S rubber output for January rose by 19,305 tonnes to 154,951 tonnes, the Malaysian Statistics Department said. About 98 per cent of January's total production came from Peninsular Malaysia, 2,165 tonnes from Sabah and 1,375 tonnes from Sarawak. Compared with January 1984's output of
      Bernama  -  298 words
    • 125 12 UPI PHILIPPINE coconut production dropped by 38.2 per cent in the first-quarter of 1985 compared with the same period last year. The United Coconut Association of the Philippines (UCAP) said yesterday that the output for the past three months was 230,000 tonnes, down from last year's 371,000
      UPI  -  125 words
    • 115 12 Reuter INDONESIAN cooking oil makers are operating at between 40 and 60 per cent of output capacity because of a shortage of crude palm oil, says the official Antara News Agency. Annual cooking oil output currently amounted to an average of 946,700 tonnes or
      Reuter  -  115 words
    • 85 12 Reuter PAKISTAN has revised the estimates of its 1984-85 cotton output from 5.7 million bales to a record 5.9 million (375 lb each). The latest forecast was given in a government statement after a meeting of the Federal Agriculture Committee in Islamabad. In February, the government
      Reuter  -  85 words
    • 123 12 Reuter INDIA EXPECTS TO reduce vegetable oil imports to 1.2 million tonnes in fiscal ending March 31 from 1.6 million tonnes last year owing to a good oilseed crop and improved domestic supplies, the Indian Central Organisation for Oil Industry and Trade said
      Reuter  -  123 words
    • 341 12 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers Inf 1 RSS Prompt 168 50 169 50N 168 50 169.SON Int 1 RSS May 85 169 75 170 25 169 75 170.25 Int 1 RSS June 85 ***** 173.50 173 00 173.50
      341 words
    • 96 12 (cants/kg, 1-ton polios) MAY 85 JUNE 85 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 171 50 173.50N ***** 175.50N SSR 50 169 50 171 50N 171.50 I73.50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 220 50N 220 50 222 50N
      96 words
    • 187 12 SOYBEAN futures on the Chicago Board of Trade closed Vi US cent per bushel lower in May to V/ 2 cent higher in August in quiet trade on Tuesday. May settled at $5.94 Vi, in the middle of a fivecent range. May futures were subject to price swings as
      187 words
    • 185 12 WHEAT FUTURES on the Chicago Board of Trade closed two US cents lower in May to V/i cent higher in thinly traded distant May in slow trade on Tuesday, traders said. May settled at $3.61 3 near the bottom of 4%cent range. May surrendered mid-session gains on small lot
      185 words
    • 273 12 SINGAPORE The market closed marginally lower yesterday with May One RSS buyers quoted at 169.75 cents per kg, down 0.50 cents from Tuesday. The morning market ended 0.25 cent softer after fluctuating uncertainly on some short-covering alternating with profit-taking. Prices eased fractionally in quiet afternoon trading on lack of
      273 words
    • 160 12 MALAYSIAN crude palm oil prices closed firmer yesterday on covering and speculative buying interest prompted by purchases by India and Pakistan and continuing negotiations with Pakistan (or RBD palm oil. April deliveries in the south and north regions rose M 57.50 to $1,525 and $1,517.50 per tonne, respectively,
      160 words
    • 100 12 THE KuU Lumpur Tin Market (KLTM) price feU 29 cents te Ms».7l per kg yesterday, still witkln tke International Tin Agreement (ITA) lower range of $29.15 te $32.91. The buffer stock manager supported at tkis level in tke absence of demand from otker sectors. Turnover dropped to 82
      100 words
    • 156 12 Yarn (In HK$ per bote of 400 lb) China carded yam, cones Blue Phoenix 16'* 2,550 Blue Phoenix 20's 2,700 Blue Phoenix 32's 3,300 Blue Phoenix 40'$ 3,650 Carded yam, hank Blue Phoenix 21'* 2,900 Combed yam, cones Blue Phoenix 32's 4,350 Blue Phoenix 40's 4,500 Open-end yarn 2,400
      156 words
    • 153 12 Chinese Produce Exchange Robusta 20/25% FOB NSW 477 50 (StIWi' noon closing price* on Nutmeg Apr 17 SS/IOOkg) 110 FOB NSW 396 00 Coconut oil E&W FOB NSW 248 00 Bulk FOB 150 00 Gombier Old drum FOB N«w drum FOB 163 00 167 00 FOB NSW 330
      153 words
    • 277 12 Singapore C-l Ord unq (SJ/kiio, ex-godown) Loonzain Rice Fragrant new crop let 0 R/i 100% 1st grade 100% 2nd grade s? 2nd 064 100% 3rd grode unq 3rd 0 60 Parboiled Rice New Crop no stock 5% 227 25% 10% 222 10% no stock Thai Broken Maize unq A-super
      277 words
    • 1450 12 COFFEE Robusta futures displayed a steadier trend on Tuesday afternoon, prompted by the dollar's recovery against sterling and firm values in New York. Contracts closed £15 to £26 a tonne up from Monday night. July, which earlier fell to a new 11 Vt -month low of £2,06, finished
      1,450 words
  • Page 12 Advertisements

  • SHARE INFORMATION
    • 4179 13 THE SINGAPORE stock market see-sawed throughout the day in the absence of market-moving news and closed on a mixed note yesterday. The Straits Times Industrial Index edged down 0.83 point to 793.47 while the BT Composite Index dropped 1.45 points to 708.87.
      4,179 words
    • 242 13 SINGAPORE Risas Indicas COM 450 Coma 338 Gmn Kant S0« 162 8«4tor4 50* 135 M Boaluaf 580 8 Im 135 M Oman 50* 92 Tmmk Ciai.t 426 Falls fwk HM 384 ApoBa 120 Umm 50i no 14 10 +7 >6 5 5 4M 4 -30 •28 -16
      242 words
    • 2656 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      2,656 words
    • 151 13 CITY DEVELOPMENTS Limited: Twenty-Second AGM at Raffles Quay, #2600, Hong Leong Building, Singapore on Apr 22 at 11.00 am. FABER MERLIN MALAYSIA Berfcad: EGM at the Melatl Hall, The Merlin Subang, Jalan SS 12/1, Subang Jaya, Selangor on Apr 22 at 10.30 am. GANDA HOLDINGS Berhad: Sixteenth AGM
      151 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 617 14 Minority shareholders feel the pinch MINORITY shareholders are at a loss over what they should do about listed companies that have been suspended from trading on the Kuala Lumpur Stock Exchange for years. At the moment, there are about 20 companies suspended on the exchange. The
      617 words
    • 1424 14 Current Ex Books Dote Total for Totol for payment date dose payable Hie year last year A B N 15% May 2 NYA May 15 26% 26% A 1 S B I5%(b) Apr 15 Apr 25 May 10 15% 15% A Enterprise; l 12%(n) Moy 31 Jun 13
      1,424 words
    • 144 14 Bernama MALAYSIAN MOSAICS Bhd's rights issue of 72 million new shares of Msl each at |1.30 per share on the basis of three new shares for every two held, has been fully taken up. MMB said a total of 71.04 million shares or 96.66 per
      Bernama  -  144 words
    • 611 14 SOUTHERN BANK Bhd, now controlled by Killinghall Tin, is moving into its next phase of growth further modernisation and diversification into areas of related financial services. Chief executive director Tan Teong Hean said Southern Bank intended to "diversify down the financial menu". "The bank will
      611 words
    • 204 14 AFP THE HONGKONG property market will go through a litmus test when the government puts up a prime commercial site in the financial hub for auction. The sale of the Victoria barracks site in Queensway on Hongkong Island is expected to attract keen bidding
      AFP  -  204 words
    • 95 14 HONGKONG Australion Industrials Wednesday 1191.5 Hong Seng Index Wednesday 1505.97 Tuesday 1193.5 Week ogo 1197.8 Tuesday 'J52JI30 Week ago 1470.61 NEW YORK Dow Jones TOKYO Tuesday 1269.55 Monday 1266.78 Tokyo Dow Jones Week ago 1253.86 Wednesday *****.06 Tuesday *****.28 Week ago *****.93 Stondord Poors Tuesday !21*22 Monday Week
      95 words
    • 206 14 Monogers' prices for April 18 Second B'putro Third B'putro Fourth B'putra 4.77 4.09 4.50 4 &2 4 14 4.55 Singapore Unit Trust Fifth B'putro Sixth B'putra 2.90 294 '2.95 2-99 The CoimMrc* 2.04 2.17 Seventh B'putra (A) 1.81 1.86 3.89 3.66 3.01 1.62 1 05 The Savings Fund
      206 words
    • 86 14 Company RIGHTS ISSUE AISB One-for-two fe $0.50 per shore Ex-date: Apr 15 Books dose: Apr 25 Raleigh One-for-one fe $1.50 per shore Ex-date: Apr 23 Books dose: May 4 (Bonus entitled to lights) Company BONUS ISSUE AISB Sub-division of SI por into 2 shares of 50 cents share
      86 words
    • 69 14 Company RIGHTS ISSUE Ganda Hldgs One-fof-four at $1.00 per share George Town Two-for-one fe $1.00 per share Killmghall Two-tor-five $1.15 per share Landmarks Hldgs Ooe-for-four fe $1.00 per share Peak Hua Three-for-two $150 per share Sub-divmon of $1 par into 2 shares of 50 cents eoch Sateras Res
      69 words
    • 331 14 SHARE PRICES finished mixed to easier at the Kuala Lumpur stock market yesterday on lack of fol-low-through support. Trading conditions remained quiet and price movements were small with counters recording small gains or losses. The market opened on a steady note, a spillover
      331 words
    • 2388 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. MDUSTRIALS Ajmomoto (3.305) cd A Choc (2.235) (I) 2.22 AMD
      2,388 words
    • 293 14 LONG-SUFFERING shareholders of Unilite Electrical Industries Bhd may soon see the light at the end of the tunnel. The company, which has been suspended for about seven years, is likely to be requoted next month. The expectation of its requotation comes
      293 words
    • TAKING STOCK...
      • 700 15 By HOCK LOCK SIEW THERE MUST BE something in the nature of entrepreneurs which inspires them to put their reputations on the line by entering into highly public corporate takeover battles that incorporate elements of chess, karate and draw poker. We have already seen
        By HOCK LOCK SIEW  -  700 words
      • 618 15 RALEIGH CYCLES's two-for-one, all-share offer for food group Cold Storage (Malaysia) Bhd could provide some fine entertainment for those who enjoy these block-swapping deals. Based on CSM's latest results, which match the forecast it made a few months ago, and Raleigh's share price yesterday, the bicycle
        618 words
    • 137 15 THREE listed companies of the OUB group Overseas Union Bank Ltd, Overseas Union Enterprise Ltd and Overseas Union Trust Ltd have requested the Stock Exchange of Singapore to suspend trading in their shares for one day today pending the announcements of their year-end results, In separate announcements, OUB
      137 words
    • 267 15 THE RACE is still on to control cash-rich Haw Par Brothers International after the latest purchase declaration by a member in the Hong Leong stable of companies. Yesterday, Haw Par disclosed it had received notices under Section 82 and 83 of the Companies
      267 words
    • 643 15  -  Additional drilling concessions acquired By RAMESH CHANDIRAMANI PROMET BHD is continuing to invest large sums of money in the search for black gold although real returns have yet to be seen from previous investments in oil exploration. And while the gusher has not
      643 words
    • 273 15 WHILE SHAREHOLDERS await the formal offer document from Bumiputra Merchant Bankers on Raleigh Bhd's all share offer for Cold Storage (Malaysia), the food group has come up with its annual figures for the year to end-January 1985. As forecast when a restructuring of
      273 words
    • 26 15 ABN BANK'S final dividend of 15 florins per share is payable from May 15. Shareholders will be entitled to cash payments against coupons 64.
      26 words
    • 295 15  -  By NAJEEB JARHOM THE CLOSE working relationship between QAF Ltd and Straits Steamship Ltd has been boosted further with the disclosure yesterday that they have finalised negotiations to acquire a majority 55 per cent stake in Thailand Offshore Services Co Ltd, Tosco. Steamers,
      295 words
    • 889 15 EQUITIES yesterday closed firmer in quiet trading, encouraged by speculation of a cut in UK base rates in the near term, dealers said. At 3pm, the FT 30share index had put on 7.9 points at 987.4 while the FTSE 100 index (3.30pm) moved back over 1300 for the
      889 words


  • 625 16  -  Business and legal circles express concern By RICHARD SEAH MORE COMPANIES are being sued and more individuals are made bankrupt than ever before. Statistics from the High Court show a doubling of bankruptcy petitions filed last year, as well as big increases in the number
    625 words
  • 317 16 and come up to 50 a month over in Malaysia COMPANIES going bust in Malaysia are on the increase and the rate is about 30 to 50 a month. The economic adviser to the United Malayan Banking Corporation Bhd, Dr V Kanapathy, also said the phenomenon was not confined to
    317 words
  • 173 16 AP THE PRIME MINISTER of Lebanon, Rashid Kara mi, yesterday announced his resignation in protest over the factional fighting between Muslim militias that killed at least 21 people in fierce house-to-house battles in West Beirut. He said in a recorded statement broadcast by Beirut radio stations
    AP  -  173 words
  • 112 16 EIGHT elected MCA central committee members will stay away from the committee's meeting scheduled to be held today because they feel that the central committee has lost the confidence of the majority of the party members. This was announced at a conference yesterday afternoon,
    112 words
  • 343 16  -  By HOMER CHEN THE ALFA-PACIFIC saga has taken a new twist with MBf Holdings director, Mr Michael Tan Yeow Khoon, filing a counter suit against the beleaguered brokerage house which had sued him for the payment of share purchases. The suit was filed by
    343 words
  • 47 16 SHOULD the Singapore Democratic Party accept the government's offer to build four blocks of flats in Yishun New Town? This question will be raised by SDP secretary-general and MP for Potong Pasir Chiam See Tong in a forum at the Hotel Royal at 7pm today.
    47 words
  • 83 16 THE NTUC's Meritorious Service Award, the highest for May Day, will go to Professor Lim Chong Yah, chairman of the National Wages Council. Mr Stephen Sim, Singapore's Commissioner to Hongkong, will get the Friend of Labour Award, and Mr Chong Kim Chong, HDB's estates and land
    83 words
  • 69 16 Reuter WALL STREET stocks edged higher in early trading yesterday, continuing a slow, steady rise into the seventh session. The Dow Jones Industrial Average was up less than one point to 1270 on turnover of 8.39 million shares. Advances led declines by a five-four margin. Unocal led
    Reuter  -  69 words
  • LATE FILE
    • 35 16 Reuter CHINA yesterday dismissed Vietnam's pledge to pull all its troops out of Cambodia by 1995, saying it merely showed that Hanoi intended to maintain its control of that country. Reuter
      Reuter  -  35 words
    • 54 16 AFP ASTRONAUTS aboard the US space shuttle Discovery yesterday attempted to mend a wayward US$BO-mil-lion communications satellite with a home-made "flyswatter". Jeffrey Hoffman and David Griggs went on a spacewalk to carry out successful running repairs on the 7.7-tonne US navy satellite which is on
      AFP  -  54 words
    • 45 16 Reuter CALTEX Australia Ltd has contracted to import a trial shipment of 350,000 barrels of Daqing heavy crude from China for early May delivery. Chairman John Landels said the assessment of the shipment could lead to a supply pact. Reuter
      Reuter  -  45 words
    • 44 16 AFP THE PROSECUTION yesterday demanded the death sentence for a defendant charged with subversion in the Oct 4 bombing in Jakarta of ethnic Chinese properties. The defendant, Rachmat Basuki, was secretary of a Muslim youth group until his arrest. AFP
      AFP  -  44 words
    • 35 16 Reuter JAPAN has unveiled the prototype of a new jet fighter trainer codenamed "XT-4", which will eventually replace the US-designed T-33. The twin-engined aircraft is a product of all-Japanese technology. Reuter
      Reuter  -  35 words
    • 32 16 Reuter ISRAEL is preparing for a possible June summit meeting between Pri»e Minister Shimon Peres and Egyptian President Hosni Mubarak, said an Israeli official yesterday. Reuter
      Reuter  -  32 words
  • Page 16 Advertisements
    • 294 16 »fiS ■MHWHbm 1 y 5# THE BMW 7 SERIES CAN NOW REACH RIO DE JANEIRO IN ABOUT 10 SECONDS. ""—^ritya'ir The BMW 735 i can rocket from zero to lOOkm/h in the space of 8 seconds. But from Singapore to Brazil in another couple of seconds? Come off it. Surely,
      294 words
  • Page 16 Miscellaneous
    • 56 16 Outlook for today: Fair, except foe showers in several areas in the late afternoon. Report for 24 hours prior to' 7.30pm on April 17 at the airport: Maximum temperature 33.7 Associated humidity 60 Minimum temperature 24.1 Associated humidity 92 Hours of sunshine 9.20 Rainfall in millimetres Nil Rainfoll this month
      56 words

  • SHIPPING TIMES
    • 164 17 MEMBERS of the Singapore Shipowners' Association (SSOA) have unanimously agreed to dissolve the association. The decision was reached at an extraordinary general meeting on Tuesday. It came a few weeks after the establishment of a broader grouping, the Singapore National Shipping Association. SSOA is
      164 words
    • 149 17 Reuter TOTAL pre-tax profit for the A P Moeller group companies A/S Dampskibsselskabet Svendborg andDampskibsselskabet af 1912 A/S, plus their shipping, oil and gas interests in partnership, rose to 1.4 billion crowns in 1984, a 19 per cent rise on the year before,
      Reuter  -  149 words
    • 578 17  -  By LINDA CHEE SEABORNE cargo passing through Singapore slipped for the second month this year, and it remains to be seen whether the recent revision in port tariffs will succeed in pulling volumes up by the middle of 1965. The revised rates, which are
      578 words
    • 147 17 FEW coal carriers are using the Hydrographers Passage, the new channel through the Barrier Reefwhich reduces a return trip to Japan by two days. The shipping industry suggests a number of reasons for the low popularity of the passage. Industrial sources say a 140,000
      147 words
    • PORTSIDES
      • 90 17 CHINA AND Rolls Royce of Britain are to expand their cooperation in the manufacture of gas turbine engines for aircraft and ships, a company official said. The New China News Agency (NCNA) said that Rolls Royce manager in China, IC Carrott said that the engines would be
        90 words
    • 89 18 AP FOREIGN orders for ships received by South Korean shipyards in the first quarter of this year rose 76 per cent from a year ago to 125,400 gross tons, the Trade and Industry Ministry reported. However, the value of the January-March orders declined 14 per cent
      AP  -  89 words
    • 433 18 Fairplay WITH container ships an established part of the charter market, West German owners continue to dominate these important trades. They now control some 60 per cent of all the available tonnage. While German owners were quick to move into the market for small
      Fairplay  -  433 words
    • 278 18 WESTERN governments are close to their first pact on shipping. A final agreement is expected to be drafted later this year. Governments in the United States and Consultative Shipping Group are studying proposals from maritime officials for the first shipping agreement covering the
      278 words
    • 651 18 Afeo VI 3 Ahrenkiel Liner V 4 Andeko Shpg VI 1 ANL 1 1 APC Line V 4 API. lit 4 ASCL ID 1 Asiabroker V 5 A astasia Lme V 1 Bolt-Orient VI 4/5 Bangkok Coot VI 2 Bonk Line V 5 BBS 1 4/5 Ben
      651 words
    • 1692 18 MODERATE business is reported in the time-char-ter sector of the freight market on Tuesday but chartering has generally been very quiet and featureless elsewhere, shipbrokers said. Chinese operators arranged a 20,000 tonner from Ceuta to China via Corner Brook at U553,975 daily and $4,400 daily was agreed for
      1,692 words
    • 252 19 IRAQ said its aircraft attacked and hit a ship near the Iran's Kharg Island oil terminal. The vessel, described by a military spokesman as "very large naval target" was identified by Lloyds shipping agency in London as the Cyprus-registered supertanker Kypros. Lloyds said the 122,841tonn
      252 words
    • 445 19 Lloyd's List SCRAPPING of more than 90 reefer ships in the final quarter of 1984 meant that for the first time in many years the numbers and capacity of the world fleet was reduced over the 15 months to January. The Paris-based market analyst,
      Lloyd's List  -  445 words
    • 163 19 Seatrade Week THE PORT of San Francisco, locked in a marketing race with Southern California and North West ports to push its on-dock intermodal container yard, now finds it may be unable to take on double stack unit trains at the yard. Talks between the port
      Seatrade Week  -  163 words
    • 184 19 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 EABT/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
      184 words
    • 155 19 Fairplay RESTRICTIVE "buy American" policies for equipment fitted on board US built vessels may be eased by the US Maritime Administration. The agency notes that the restrictions have become "increasingly onerous" for shipbuilders. They currently apply to all vessels built under US
      Fairplay  -  155 words
    • 285 19 AN AUSTRALIAN National Line vessel, the 27,640 dwt Selwyn Range, will enter the Mitsubishi yard in Japan next month to be rebuilt as an automated selfunloading bulkship. It will return in July as a 31,000 dwt vessel and rename the River Torrens.
      285 words
    • 1115 19 ARGENTINA Buenos Aires April 9th. 8-12 days. 36 vessels berthed, 9 vessels anchored waiting for open quay. 6 days. I grain loader at elevator berth, 1 in roads A 13 due to arrive. Rosario 14 days. 7 vessels anchored awaiting grain loading. 9 vessels berthed. San Lorenzo 3-6
      1,115 words
    • 5396 24 3®DB[D(!EB 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
      5,396 words
    • 696 25 sssr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location E Trust 018W 18.4.85 230 G Asia F2 0900-1100 P4 T anghe 16W 18.4.85 2300 Y Fung F2 0900-1100 B4 Tanoh Air 23NB 18 4.85 2300
      696 words
    • 1812 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies ISI \fro-Kura*la Line Ttansgroup «Si Ahreaklel liner Service Kim Shpg ISI Alfred C Toepter Oceanus Shipping Agencies (Si Marintex Enterprise iPKi Alpac Inirasea <St Biniang Shpg <KL) Island Cargo Handling
      1,812 words
    • 456 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Banff K16 Borneo alongside 18.4.85/0600 Barber Hector K9/10 Barber alongside 18.4.85/0600 Dejro K10 Barber alongside 18.4.85/2300 Jenhol K23 T Soon alongside 18.4.85/0700 Makmur K24E SSPL alongside 18.4.85/1500 Ned Moji K12 N-EAC alongside 18.435/2300 Ocean Rainbow K27 S'pore
      456 words
  • Page 17 Advertisements
    • 419 17 ©HEUNG-A SHIPPING Korea Hag V sis Regular Liner Semi-Container Service To: P. Kelanf/Penanf Busan/Inchon Fm: Busan/Moii S'pore Afent: Neptune Aftnctes Pte Ltd Td: *****77 P.K. *****4, PN *****5 K.L. *****0 •w? Si* IJardin«i lAHDIM AMAH *Ok|entOveiseas Codeine* Line I FULLY CONTAINERISED SERVICE TO EUROPF VIS SUEZ rpm PJMMIIJMMI* rtai 24/4
      419 words
    • 316 17 WEST German shipowners continue to dominate the reefer trades II THE numbers and capacity of the world fleet was reduced over the 15 months to January.. 11l INDEX TO Advertisers II LONDON Freights II PORT Conditions 111/ X SHIPPING Schedule VIII/IX UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70
      316 words
    • 542 17 Foreign Exchange Dealing oajip e of Pubkshmd by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 T«t: *****44 AmemOf of times ofgorwK#oo 556.50 *r MAERSK LINE SPEED SHUTTLE TO PNW-ATLANTIC INLAND POINTS INAUGURAL SAILING M.S. LEXA MAERSK VOY 8506 ETD: LPK 9/5 PEN 11/5 SIN 14/5 ETA:
      542 words

  • Page 18 Advertisements
    • 566 18 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Nito Shipping Co. Pte Ltd of 500 Macpherson Road, Singapore 1336 hereby give notice that in consequence of purchase of the vessel 'Labroy 37' licenced under Port of Singapore Harbour Craft licence No. SR 529J which was cancelled .on 29/12/84.
      566 words
    • 185 18 IL Supercarrier Service I€XT ARRIVALS BARBER ttCTOR 17/4. BARBtR TOM 12/5. BARBER TAMPA 17/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA TNm «CC*N cam tar IM> (MLB), S. Frwcte. Oafetata. S»acMaa Saa Ua»a ta L tap* TO: CARIBBEAN CENTRAL AMERICA CHILE CAMBUN Anita. Curacao. Bndfttowi, Pttptaari *«t e»
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  • Page 19 Advertisements
    • 815 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT 3E MM CONTAINfRSHIP SERVICE FROM UK CONTINENT Wbuff Br«n R'dwn It Hi S'ton SjM 11/4 24/4 25/4 24/4 21/4 22/4 24/4 25/4 25/4
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    • 611 19 Franco Belgian Services F+r Cai. \4 B* w -uin Pur Z. »n*i> gWKI TO OWK STOK MBWliNmrta f'Stow* Hw Bltom M 74 Apr (D Apr) 13 Hit 1« Mr It Mm II tor HMr «Mr IMr (21 Apr) Miy 21 Mr 22 ton 24 to>T 21 tor »»I STOK PJSUMLt
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  • Page 20 Advertisements
    • 441 20 v u Hapag-Lloyd EXPORTS TO CONTINENT/UK On carria(e to Scandinavia, Med. Carribean It S. America Inland haulage to inland destinations in Europe Spore PKelang Penangleuoesßftao Genoa Hbwg Rdam Bhaven Antwerp REKE K 9/5 12/5 14/5 0/0 H/« >«/0 Connecting in Kobe Connecting in Kaoslwung "Also accepting cargo (or ATLANTIC 1
      441 words
    • 260 20 JIC S. LINE FULLY CONTAINERISED SERVICE TO EUR OK VIA of ttw Ace Cowort«w 1«/S 16/5 18/5 21/5 21/5 22/5 24/5 28/5 28/5 30/5 1/6 4/6 4/6 6/6 8/6 11/6 11/6 13/6 15/6 18/6 ALSO LOADING (OR BRfMtRHAVIN TrOmTuROPE VIA SUEZ A Memoff ot the Ace Consortajro FUtLY CONTAINERISED TO/FROM
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    • 487 20 THONG SOON AGENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106 TEL: *****88 TELEX: RS ***** BOOKING: *****56 (DIRECT LINE) LINK SIN6APORE/RAN6KOK TWICE A WEEK With Reefer, FCI and LCI Container Service Agents: laa«bk Traaapert ft Fratglt Fanrartlei litoraatM Ca. LM 325 S.P.M. Bldg, Silom Rd„ Tel: *****93/5 SIN CHIAO
      487 words
    • 666 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) AISO ACCEPTS* CARGO TO: 1) PROMDENCf NWARK SAVAMIAH. BOSTON PHUOELPNA, NOMOU IACKSOWMLE. RRUBNGTON ETC 3) CRISTOBAL. BALBOA PANAMA OTT COLON. SAN 2) ATLANTA. CMC AGO OETBOn. COLUMBUS I OHO MAJOR HCMKDS DESTMATIONS (MOM. HOUSTON MA KMGSTON 4) MONTREAL, TOKMTO MA
      666 words
    • 172 20 Vi HSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Seaport Lo*dn| tar 19/4 B. hbbn B. I 31/4 KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC KYOWA COSMOS 7/5 OCEANA QUEEN 7/6 Acctpta* Cowl wan tar Lm, P. Moresby, Rabaul, Kieta. Honiara, Noumea Lautoka, Suva,
      172 words

  • Page 21 Advertisements
    • 850 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL KOTA MUTIARA KOTA SEJATI KOTA RATU KOTA AGUNG KOTO TMMUR KOTA WISATA VOYAGE HONGK CP/S/aS 21-22/4 E 563 28-29/4 E 565 15-16/5 E-567 20-21/5 E-5M 28-29/5 E-571 4-6/6 HONGKONG SINGAPORE LOADING FOR: REUNION, TAMATAVE ADEN, HODEIDAH,
      850 words
    • 582 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE WITH LIBERTY TO CALL AT RED SEA PORTS PENANG FED VIA SINGAPORE Ikjjebsen line K. NEW ZEALAND SINGAPORE PORT KELANG K LUMPUR PENANG BEN LINE BENDtRA BENOERA BENDERA TEL *****44 TEL *****1 TEL *****5 TEL ***** 4 S.M.S. PRIVATE LIMITED TELEX: *****
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    • 565 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST S'PORE SERVICE FULL CONTAINER VESSEL. BUSAN YOKOHAMA KOBE KAOHSUNG HH STO» IGfMOK MAMPAMT »1» HB t/4 11/4 13/4 U/4 11/4 21/4 24/4 GO*A VI) W 22/4 25/4 27/4 1/5 3/5 1/5 1/5 HHI TO/FROM EUROPE WEST BOUND V n B'BAO LON 1 DAM/ADAM
      565 words
    • 621 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore 20/24 Apr Pajan VB6 20/24 Apr A*a V74N Phashwefyawywa V253W 28/30 Apr Lofcaw V9B 2/4 May Pa-ao VB3 7/10 May Loading for Ewopc. 27/29 Apr 4/6 May BANK LINE EXPRESS SOU-CONTAINER SERVICE TO UK/C I SPORE
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  • Page 22 Advertisements
    • 1332 22 K LINE KAWASAKI KISEN KAISHA, LTD. m mc m KQK GUAYAQULCALLAO ARICA W* AfAGASTA S-ANTOW VALPARAISO IS Apr 16 Apt 1* Apr 20 Apr 3 May 25 Jun 2 M iH 7 I M 12 M 10 M ASM STAR *35 IBM *Sl CENTRAL AMERICA/CARIBREAN SEA TCWM c «n S
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    • 454 22 a CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAMER/REEFER/BULK SERVICE Loading tor LOS ANGELES SAN FRANCISCO SEATTLE TACOMA VANCOUVER B C Accepting Fa/Fa Containers P Mane Singapore 1 Aneetes BHARATEW 4/5 HIT 11 *1 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting Fa/Fa Containers Spare frm IM Sf«i Alw Acceph KABIROAS 24/?6 Apt II May
      454 words
    • 559 22 SANKD ASIA FROM JAPAM€S€ POUTS ANO MOMOROMC m GOLDEN LINE GUAM GUAN SHPPM6 (PTE) LID In« Twf rmfcctf Bank M*|. CO Cad Skaat. kmh 0104 tel nam (it lbbi I# Mi Liaapv ***** p. Mm J* 7 l PMIMM icMtt Tim Cttfa* Ifaal: ORENT UOTD (M) SON BHD TU «370
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    • 511 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa 1 Pla/a Smqapore 0207 Tel *****1 1 Ito L nest o BREAKBULK SERVICE TO EUROPE/UK S port P. Kaianf Loa4n( torFORT NELSON *****05 25 Apr 21 Apr ROTT/ANT/U*. (AVON) fJSEAWOOD AND R.M.Z.tJk S pore P KeUng Laadtaf tar TBN WOT 11
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  • Page 23 Advertisements
    • 606 23 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A •< rn* »CI TO EUROPE/UK (VIA SUEZ): 0 CHEF 43W+ 24/4 C KB. 43W 1/5 N CRYSTAL 29* 8/5 MAETERLMCX 6N. 15/5 SS BODGE 50W 22/5 C PAUL 4411 29/5 13/5 23/5 27/5 3/6 10/6 17/6 F'stowe H*burf 16/5 18/5
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    • 500 23 vemil »UN<A NIPIIINf ACINOUS Pit I ID If) *****77 ?/BS4}4 ißnnk.n|s> ???1S 10 *****7? I Operations) *****87 *****84 I I ."*****0 *****04 (CISI Mil «>M» *<.tNTS IUNAS SI ll* SDN BHD H ?H *****0 *****1 PK Trl *****4 pin ih i67j;*> it>74;s V t FULLY CONTAINERISED SERVICE TO COLOMBO. ARABIAN
      500 words
    • 644 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SVtSOV BUR.MNG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELAMG M/S SHAWM! NAM SOON SON. BHD IST AND 2NO FLOOR NO 1 MIAN CEMPENWG POST KLANG. MALAYSIA
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  • Page 24 Advertisements
    • 834 24 Ke<|i»nnl Container l-inrs 4 Sailings weekly mniil Fast Reliable Regular Punctual Berthing P S A Tue, Thur, Sat Sun STORE 27/28 Apr OMY 20/29 H> JO/1 May 2/3 M>y 4/5 Mi* 5//0 Mm 7/S Hay Mar 11/12 iter 12/13 May 14/15 Mif l«/ 17 Mir 11/1S Miy 19/20 Mm 21/22
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  • Page 24 Miscellaneous
    • 171 24 m s* <T 'A M v; > 1 AT a 1 p 0/ OOP 1K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. b^ 1 Wind direction with speed in knots Wove height LEGEND: P —V .j Temperature c X Thunderstorm Weather V Wind (Section with speed m
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  • Page 25 Advertisements
    • 89 25 NSC AGENCES K. LUMPUR P. KELANG POMNG P. GUDANG J. BAHMU LEOSMP SPOKE 42t0SS/*****6/*****J/*****3 *****1/4 TEMMML 3SS3SI/2'' *****/*****/*****/***** *****3/*****5/*****1/*****0 22SS6S/*****0/*****5 FAR EAST/EUROPE CONTAINER SERVICE 11 .1' ttttttb 11 .1 ■ITTTTI 11 < TTTM fTTW 11TTTni SSorTSw?* [TTIfTTIITTTTI T m TcmU M [J 3JI IZJI El QH32UIEU mi EZI ■n ■on
      89 words
    • 237 25 LKDORNE .GENERAL AGENTS SEMJON SMPfMG (S) PIE LID. SMGUORE SALES/BOOK HGS TEL *****11 (t LIO] M/V ARMAGNAC VSLSS M/V CGM VELAY V6LSS M/V CGM VAR Scan Dutch V To Europe (Med/UK/NC/ Scan) MOTHER VESSEL 4) GOTHENBURG 2) ROTTERDAM MXEPTMG/SNLMG To Red Sea Mediterranean I.JMBI 'M SINGAPORE MOTHER P. KELANG 6
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  • Page 26 Advertisements
    • 3 26 WORLD 'Of LINE
      3 words
    • 288 26 fort >t pert, ptefit r Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER OCEAN ELITE 17 Apr Mombasa, Daressalaam ASTRA PEAK 24 Apr Port Louis, Reunion SEA ARCHITECT 3 May Mombasa, Daressalaam, Tamatave NEDLLOYD MOJI 16 May Mombasa. Daressalaam NEDLLOYD MADRAS 7 May Apapa. Monrovia. Abidjan. Lome, Douaia. Tama CONTINENTAL PARTNERS 14
      288 words