The Business Times, 23 April 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, APRIL 23, 1185 60 CENTS
    12 words
  • 457 1  -  Consortium also forms trading company By LISA LEE A FIVE-MEMBER STRONG consortium of construction companies has signed an agreement for an 111 million contract to renovate and refurbish a hotel in China's Guangzhou district. A joint-venture trading company has also been formed
    457 words
  • 532 1  -  By BOEY KIT YIN SGS SEMICONDUCTOR is ready to increase its investment at its new wafer diffusion centre to $150 million to expand its share of the US$2 billion AsianPacific market. Production capacity will also double to more than half a
    532 words
  • 74 1 THE SENIOR Minister, Prime Minister's Office, Mr S Rajaratnam, is recovering satisfactorily after his chest operation and is out of intensive care. He was transferred out of the Intensive Care Unit on April 20 and is expected to be discharged from the hospital in about 10 days'
    74 words
  • Article, Illustration
    87 1 STOCKS fell sharply la this trading on the Singapore stock narket yesterday becaase of conflicting reports about the sitaatien la Sabah following the spset victory by the opposition. Although the (alls were across the board, observers say that the shrinking volume is an Indication that selling pressure has
    87 words
  • 483 1 Reuter Bernama OVERCOMING efforts by ousted rivals to prevent him from taking office, Joseph Pairin Kitingan, leader of the Parti Bersatu Sabah, which won the state elections, was sworn in as Chief Minister yesterday. The federal government in Kuala Lumpur
    Reuter; Bernama  -  483 words
  • 222 1 Reuter EUROPEAN Commission President Jacques Delors meets President Reagan in Washington today during a visit to the US aimed at smoothing troubled trans-Atlantic trade relations. Mr Delors, who took over the running of the European Community's executive on Jan 1 amid
    Reuter  -  222 words
  • 381 1  -  By FOO CHOY PENG in Jakarta CHINESE Foreign Minister Wu Xueqian was unable to give a statement yesterday that his country would stop giving moral and political support to underground communist groups in South-east Asia. The minister, who is the first Chinese
    381 words
  • Page 1 Advertisements
    • 64 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM puts Distinctive Elegance into your Lifestyle. 4 Infinity oo Bath WHIRLPOOL K-1482 Enhance and enrich your life, with Kohler's luxurious baths and showers. Bold styles and sizes. Futuristic designs Kohler has something for every lifestyle, in every bathroom scene! THE BOLD LOOK > KOHLER
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    • 279 1 Industry expected to pick up, Back page SHARE INFORMATION doonesbury MONEY EXCHANGES CROSSWORDS SPORTS RAW MATERIALS A PLAN to expand the local operations of Richard Clay by $10 million never got off the ground instead the company closed down the factory, having decided that it was no longer viable to
      279 words
    • 17 1 Full report, Paga 13 Asian stocks, Pago 11 Intl stocks, Paga 10 Pairin outlines priority, Page 5
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    • 272 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM The money in muck A PLAN for Singapore to follow the example of Kuala Lumpur and a growing number of cities around the world by privatising its cleaning operations is being studied by one of the UK's largest cleaning companies. Following an informal study
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  • HOME NEWS
    • 481 2  -  UK printing company closes Jurong factory By BOEY KIT YIN A PLAN to expand the local operations of British printing company, Richard Clay, by $10 million never got off the ground instead the company closed down the factory. The company's subsidiary in Singapore, Richard
      481 words
    • 115 2 Driving home a point using the SBS MORE ADVERTISERS turned to buses last year, with the Singapore Bus Service (SBS) reporting $7.9 million in advertising revenue, nearly double the 1980 total of $4 million. This was due mainly to the new marketing strategy adopted by SBS to promote bus panels
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    • 337 2 THE NEED for employers to take the lead in initiating productivity programmes was underlined yesterday by Mr Ong Teng Cheong, the secretary-general of the National Trades Union Congress. "It is important to (emphasise) that workers or trade unions alone cannot achieve higher
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    • 268 2 A TWO-KM STRETCH of Keppel Road will be realigned and shortened to help link Telok Blangah Road and Kampong Bahru Road to the new Ayer Rajah Expressway. The new road, costing $3.2 million, will pass over the vacated Postal Services Department's
      268 words
    • 264 2  -  By JAIME LYE THE ASSETS of Anrite Aviation Co Pte Ltd, a subsidiary of Pan Electric Industries, are up for sale. Pan Electric closed the 22-year-old aviation company in January, due to slow business and a loss of interest in the industry.
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    • 151 2 NOMINATIONS for this year's Cultural Medallion Award and the Patron of the Arts Award are now being invited by the Ministry of Community Development. Cultural organisations and individuals knowledgeable about the local art scene can make their nominations on forms available from the Cultural Affairs Division. The
      151 words
    • 76 2 THE NATIONAL Productivity Board (NPB) will introduce a diploma course in Industrial Engineering in June. It will be the first time a training institute is offering the course at an advanced level. Mr Tan 800 Hock, NPB's director of management and supervisory development, said the
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    • 308 3  -  By SHAHRIR ARIFF DEALS WORTH at least $4 million were pledged during the four-day ProPakAsiaBs exhibition which ended last Thursday. Thirteen of the 45 exhibitors who responded to questionnaires said they expected sales worth more than $220,000 each, while six reported between $110,000 to $220,000
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    • 362 3 PRINTRONIX INC will use Singapore as a base to expand its share of the Asia-Pacific market for electronic printers. The US-based company has set up a factory in Bedok, which will begin assembly operations in July. The first shipment of its products
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    • 148 3 THE RECENT increase in the number of conjunctivitis (red eyes) cases treated at government outpatient clinics could be caused by a virus which was responsible for an epi- demic in 1970 and 1975. A Ministry of Health statement, which said the number of
      148 words
    • 220 3 A 20-MEMBER delegation from Singapore will attend next month's meeting of the Asean Chambers of Commerce and Industry (Asean-CCI) in Manila. The team will be led by Mr G Ramachandran, the vice-presi-dent of the Singapore Federation of Chambers of Commerce and Industry
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    • 328 3 BRITAIN'S Lloyds Bank hopes to attract £5 million worth of investment through a fund management scheme directed at expatriates working in this region. The bank, one of the UK's Big Four, has launched a two-week marketing campaignfor the scheme, which is called
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    • 84 3 SINGAPORE'S policy of phasing out foreign workers has to be re-examined because the Republic still needs them. In his monograph, "The Labour Force of Singapore", Professor Saw Swee Hock, a professor of statistics at the NUS, said that foreign workers would still be needed because of
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    • 97 3 WITH EFFECT from yesterday, Telepac Service, a computer access service, is available to Brazil. This means that there are now 26 countries with which Singapore has Telepac service. Telepac subscribers can have access to host computers connected to data exchange in other telecommunication administration or those
      97 words
    • 58 3 ABOUT 3,200 trade visitors were attracted to the Medic Asia '85 show which was held at the Hyatt and Dynasty Hotels. Most of them were from Singapore while the rest were from South-east Asian countries, Hongkong and Australia. The show's organiser, Interfama, said the next show
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    • 424 3  -  Exploring new ways of boosting Singapore-Indian trade ties By LOH HUI YIN NEW AND IMAGINATIVE ways to promote bilateral trade between India and Singapore have been proposed. One of them calls for Singapore to use India as a springboard into the East European countries since
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    • 380 3 THE IMPORTANCE of the English language to Singapore's economic development was outlined yesterday by Dr Tay Eng Soon, Minister of State for Education as well as Communications and Information. Dr Tay told a seminar on language across the curriculum at the Regional Language Centre
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  • Page 2 Advertisements
    • 154 2 City Mansions A very private paradise of hish greenery and exotic orchid gardens City Mansions. For very private apartments and townhouses nestled within a lush, tree-lined park and exotic orchid gardens in the very heart of town. Located at Paterson Road, City Mansions is right in the neighbourhood of exclusive
      154 words
    • 175 2 SEE THE BIG NAMES AT THE MODERN OFFICE EQUIPMENT, SYSTEMS TECHNOLOGY EXHIBITION APRIL 24-27, 1985, HALL 3, WORLD TRADE CENTRE, SINGAPORE lime: 12-Bpm Admission: Trade Visitors (By registration) >-L, i til K f rtLM) r~ rrrrr m 1 V UCHIDA form m m *71 r\ ,KL*!k Jm I I I
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  • Page 3 Advertisements
    • 44 3 In Singapore style and sophistication are defined by a Hotel. THE PAVILION INTER- CONTINENTAL SINGAPORE THE ADVANTAGE IS INTER CONTINENTAL 0 INTER- CONTINENTAL HOTELS One Cuscaden Ro.id, Singapore 1024 Phone *****88 Telex: RS ***** SINIHC For reservations call your favourite airline or travel agent.
      44 words
    • 192 3 Factoring with DBS Friance. K sets you on a winning course. Are cash flow problems holding back your business? Let DBS Finance show how factoring can provide a steady cash flow for healthy business growth. We'll convert your unpaid invoices into cash immediately. J You'll have a cheap source of
      192 words

  • OVERSEAS
    • 607 4 Democrats oppose deficit-cutting proposal Reuter PRESIDENT REAGAN, already in political trouble over a planned visit to a German military cemetery and a bid for aid to Nicaraguan rebels, may receive more bruises this week when the Senate takes up his budget plan. Senate
      Reuter  -  607 words
    • 364 4 NYT AMERICAN Secretary of State George Shultz has said that Arab leaders are prolonging the suffering of Palestinians by not supporting direct negotiations between Israel and Jordan. How ironic and tragic it was, he said, that those who claimed to act on behalf of
      NYT  -  364 words
    • 301 4 AP CHINA is planning its first test-tube baby research at a laboratory along the Mekong river in sub-tropical Yunnan province, where Rhesus monkeys proliferate. But unlike in-vitro fertilisation programmes in the West that help couples have babies, this nation of 1.03 billion will use
      AP  -  301 words
    • 389 4 Reuter THE CLIMATE for foreign investment in Indonesia is improving but many businessmen are still cautious. Official figures show total investment approvals last year to be about US$3.2 billion, far short of the expected $6.5 billion. Approved investments by foreign companies fell 57
      Reuter  -  389 words
    • 270 4 Reuter OIL-PRODUCING countries and companies should step up output to stop a shift to alternative energy sources and to arrest the oil industry's otherwise inevitable decline, industry expert Peter Odell said. Writing in Lloyd's Bank Review, Mr Odell, director of the Rotterdam Centre
      Reuter  -  270 words
    • 253 4 UPI A LAWYER for the civilian panel which named the military in Benigno Aquino's slaying yesterday testified on how the commission concluded a general was indictable for conspiring to conceal facts about the opposition leader's death. Attorney Francisco Villa, 59, one the panel's three
      UPI  -  253 words
    • 191 4 AP PRESIDENT Ferdinand Marcos has ordered the military to study a proposal by former Muslim separatist rebels to join the government in fighting communist insurgents. A presidential palace news release yesterday quoted Mr Marcos as asking Acting Armed Forces Chief Lieutenant-General Fidel Ramos not
      AP  -  191 words
    • 147 4 Reuter BRITISH RETAILERS and wholesalers expect volume sales to rise this month compared with April last year after higher retail sales but lower-than-expec-ted wholesale sales in March. A poll by the Confederation of British Industries (CBI), conducted between March 22 and
      Reuter  -  147 words
    • 51 4 AP INDIA will set up a nationwide computer network to link the country's remotest districts with state capitals. A computer will be installed in each district headquarters to feed information to the computers in capitals of India's 22 states. The network will be completed by 1987.
      AP  -  51 words
    • 161 4 Reuter VIETNAM, which depends on the Soviet Union for all its oil needs, says it has discovered sizeable offshore reserves. Deputy Premier for Economic Affairs Tran Phuong said yesterday that two platforms were being built off the southern coastal city of Vung Tau and production
      Reuter  -  161 words
    • 671 4 ARRIVALS Operator S*mcc Local time From SIA QA MAS SIA GIA SIA GIA SIA GIA THAI LUFT SIA THAI SIA KLM CPA MAS MAS MAS SIA SIA SIA GIA SIA SWR SIA BA ANZ JAL PIA PAL SIA JAT SIA SIA JAL MAS SIA MAS CAL KAL
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    • 299 5 UPI CURRENT moves in the US Congress to pass legislation barring Japanese imports could "have a domino effect" on overall bilateral relations, Los Angeles Mayor Tom Bradley said in Tokyo yesterday. Mr Bradley, in Tokyo for the 16th annual meeting of the Trilateral
      UPI  -  299 words
    • WORLD IN BRIEF
      • 45 5 ABOUT 500 doctors leave the Philippines each year for more lucrative jobs abroad. Quoting a study by the Polytechnic University of the Philippines, a Manila newspaper, the Bulletin, said the annual exodus represents half the number of new doctors who qualify each year.
        45 words
      • 55 5 A NEWSPAPER poll has showed 78 per cent of Japanese wanted national defence spending to be kept below one per cent of gross national product. The national daily Mainichi Shim bun said only 12 per cent supported a review of the one per cent ceiling set
        55 words
      • 59 5 TEN mineworkers were killed on Sunday in a tribal feud that erupted at a South African gold mine as unrest in black communities across the country brought fresh clashes with the police. Fighting started at the President Steyn mine near Welkom, 250 km south of Johannesburg, and involved
        59 words
      • 26 5 PAKISTAN'S consumer price index rose 0.99 per cent to 215.06 in February (base 1975/76), compared with the previous month, and 8.40 per cent year-on-year.
        26 words
      • 60 5 FRENCH industrial output, seasonally adjusted, rose a provisional 4.7 per cent in February from January after a confirmed 1.6 per cent fall in January. The National Statistics In- stitute's seasonally adjusted general production index, excluding construction and public works (base 1970), rose to a provisional 133 in February
        60 words
      • 86 5 Agencies THE Japanese Finance Ministry has described as speculation a domestic press report which suggests finance ministries of the Group of Five industrial nations will meet in Tokyo late in June to prepare for a monetary reform conference. A ministry official, preparing for a meeting of the Group of
        Agencies  -  86 words
    • 230 5 Reuter BRAZIL'S president-elect, Tancredo Neves, died last night without being sworn in as the country's first civilian leader in 21 years, but his successor pledged to push through his planned reforms. Jose Sarney, 54, who stood in for 75-year-old Neves after
      Reuter  -  230 words
    • 302 5 Reuter THE CHAMPION of indigenous Kadazans in the East Malaysian state of Sabah yesterday ousted Chief Minister Harris Salleh and most of his Cabinet in a surprise election victory. Datuk Joseph Pairin Kitingan, who formed the Parti Besatu Sabah (PBS) only last month,
      Reuter  -  302 words
    • 186 5 AFP JOSEPH PAIRIN KITING AN, expected to be sworn in as Chief Minister of Sabah by today, says his priority is to build constructive ties between his opposition party and the Federal government. "Our victory will show that our politics are not based on religion or
      AFP  -  186 words
  • Page 4 Advertisements
    • 151 4 V Mikity menus Humble prices. Jxznu/g CMJUui $20.<x?-peipewM-Minimum of 4 persons. (s*s^X^3) 2-xectftfoeiMauc $2o.o&pe>i fteteorv Minimum of 4 persons. Minced bety fanytiv fried ctickm with Jmotikiauce aborted vegefoJrled. Jaclqg-pot T)(nd{e~Ootied (dock chicken Minced (kfyfaw&ifried cfiickmwith' &vti<udgoo<ie<<foc6u)fu>t Je#m,*uuice, &&Mud dtiurt cklcfari' QuudedcuMyrtedvegetzdHeA wti/v&tfCUtoi Jfoc/qy'fot &aut2ed deadotutl vegetztfSe& Peepfrited alttt&idr cotv&t Mfltfopd.
      151 words
    • 28 4 VM I WSJ Pan Am Is Hying From Singapore lo I long kong Tokyo, Fos \ngeles, Honolulu San I r.nuiy'o >.v \ew V>rk For Updated Information, Call *****11
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  • Page 5 Advertisements
    • 233 5 W:^ J C '/:h >$£ pm J r T '-■■>■&"*■ '*i I 4 -tr f Ty i&tsam ■r y i. i* i 47.' mMMfi %3BwmSßKaSm> r#r% '§i <'.' r 'Jr < f < >. i.WO MINUTESTOTHE CINEMA TWO MINUTES TO TWO OFTHE MOST PRESTIGIOUS CLUBS IN SINGAPORE TWO MINUTES TO
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  • Page 5 Miscellaneous
    • 69 5 Doonesbury vou&jtthz scram,ue oad 60T THE ROOM. THATS rim tVAWWINAtma, ynl I'M RUS6. tM THE ROOM ENFORCER fife ft I i i /I II li BY GARRY TRUDEAU WOWSWALIOmSFROM THE MAIOS cm an FRONT. HELP YOURPO, PONTBRJN6 UP THE NCAA QUAR TERFIHALS. THAT* ABOUT IT.. yOU OH, YEAH, THE cyjixLjr
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  • BANKING AND FINANCE
    • 471 6 Reuter INDONESIA'S new secondary money market has been a success since its inception and has helped avert an expected liquidity squeeze last month, foreign banking sources said. The central bank, Bank Indonesia, introduced trading in money market securities at the start of February. It appointed
      Reuter  -  471 words
    • 150 6 Reuter COMMERZBANK AG managing board chairman Walter Seipp says it is absolutely necessary that the West German capital market be opened up in the long run while ensuring the Bundesbank is able to maintain control of monetary policy. Commenting on the bank's reservations about
      Reuter  -  150 words
    • 314 6 Reuter ARGENTINA'S bank advisory committee is pressing the country to reduce its interest arrears as an important deadline for US banks approaches. Bankers say the panel regularly presses Buenos Aires to catch up on overdue interest. Its appeals at last Thursday's meeting in
      Reuter  -  314 words
    • 89 6 Reuter GRINDLAYS Bank PLC will have to close or sell its Swiss operations unless Australia grants a licence to a Swiss bank. Grindiays, which is based in London, was taken over by the Australia and New Zealand Banking group last September. A spokesman for the Secre-
      Reuter  -  89 words
    • 840 6 SINGAPORE The US dollar closed higher against most major currencies yesterday, but below the day's highs, in fairly active late trading. The dollar closed firmer at 2.9850/70 marks compared with New York's Friday 2.9780/9800 close, but below its high of 2.9970 and at 2.4830/50 Swiss francs compared with
      840 words
    • Article, Illustration
      277 6 Asian market ASIAN dollar deposit rates closed steady at mixed opening levels in quiet afternoon trading yesterday. Periods firmed between Vfc and 3/16 point at the start following the Fed's draining of reserves from the US banking system by arranging over-the-week-end reverse repurchase agreements. Rates stayed at these levels with
      277 words
    • 123 6 THE OVERNIGHT rate on the Singapore interbank money market fell by 1-3/8 point from last Friday to close at 4 per cent yesterday. The one, two and threemonth term rates fell by 1/16 point each across the baord. S$ Interbank rates at 3pm yesterday: Ottw Bid Over night
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    • 202 6 Interbank rates at 3pm yesterday: Cyrrtndii Mornlml rittc 1 Local dollars to 9*fd,a dwdq a on* unit of foreign currency: US dolor 2.1990 ***** 2 8196 -22.01 Sterling pound 2 8197 ***** 7 3469 -61.62 Australian dollar 1 3864 1 3907 ***** -59 56 NZ dolor 1 0016
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    • 317 6 BA Futures THE June Ear*d*Uar yesterday opened two ticks better than CME's close at 91.12 as the market was in the process of consolidation. Liffe opening saw the Simex June Eurodollar traded down to 91.09 but backed up to close 91.12. Currency futures traded quietly in early session as
      BA Futures  -  317 words
    • 197 6 HONGKONG: The metal closed slightly lower in moderately active trading yesterday, reflecting the late strength of the US dollar. The metal ended at U*****.50/328.00 an ounce, compared with a previous $327.60/328.10 close here and the $328.10/60 finish in New York on Friday. On the local market, gold fell HK$l.OO
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  • Page 6 Advertisements
    • 181 6 Tasteful interiors and cosy ambience. Spacious bedroom with warm colour scheme. V/ I m. i Liang Court Regency offers you a carefree, comfortable style of service apartments. Ideally located on River Valley Road, opposite the picturesque Fort Canning Park and next to the tranquil Singapore River, it's only a short
      181 words
    • 78 6 Herzlich Willkommen In Singapur! Herr Herbert Hartmann Mitglied des Vorstandes der Degussa AG Herr Joerg Plessou und Herr Dieter Pfeiffer Members of the Board of Degussa (Private) Ltd, Singapore Wuenschen a Allianz Insurance (Singapore) Pte Ltd. (der einzige deutsche Erstversicherer in Singapore) 2nd 3rd Storey UOF Building 124/126 Robinson Road
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  • Page 7 Advertisements
    • 548 7 ■A am y N m s. S! A i 'I -j The way to make a significant^ irovement in vour office is stari improvement in your ottic you in the face. The wires you trip over to get out of your workstation, the files that are not in reach when
      548 words

  • FEATURES
    • 448 8 THAT FREE TRADE is practised in Singapore might seem quite obvious. But free cannot mean totally unrestricted because there will always be instances where some forms of control are either necessary or desirable. So it was that a consultant with the United Nations Conference on
      448 words
    • 1452 8  -  A private solution to a public cleaning problem By RAY HEATH CLEANING UP Singapore is a treadmill of a business, and there are signs that it is accelerating too quickly for comfort. In 1983, 3,750 tonnes of refuse a day were thrown down rubbish chutes, dumped in dustbins
      1,452 words
  • Page 8 Advertisements

  • SPORTS
    • 626 9  -  By WALTON MORAIS THE MOOD in the Singapore camp preparing for the US$l.2 million Dunhill Cup world team professional golf championship was exuberant following the results of the draw on Thursday. The draw for the competition's Pacific qualifying round pits Singapore against "weak"
      626 words
    • 261 9 AFP CHRIS DITTMAR, the 21-year-old Australian, is the man Jahangir Khan will have to beat if he is to win his fourth successive British Open title in London today. The left-handed Dittmar reached his first British Open final on Sunday by
      AFP  -  261 words
    • 493 9 POH EING CHONG laid strong claim to a place in the Republic's Dunhill Cup three-man team when he clinched the PGA's monthly competition at Jurong yesterday. The Republic's Dunhill Cup team reserve carded a 146 tworound total to win
      493 words
    • 277 9 AFP VIRGINIA HOLGATE of Britain snatched a dramatic first victory in the badminton horse trials in the southwest of England on Sunday as Olympic gold medallist Mark Todd made a crucial last fence mistake. The 30-year-old Holgate, bronze medallist in Los Angeles,
      AFP  -  277 words
    • 391 9 AP HENRIK SUNDSTROM defeated Chile's Hans Gildemeister 6-1, 3-6, 2-6, 7-5, 6-2 on Sunday to advance defending champion Sweden to the quarter-finals of the Davis Cup tennis playoffs in Santiago, Chile. Sundstrom fell two sets behind and was one game from losing the match when he
      AP  -  391 words
  • Page 9 Advertisements
    • 206 9 BEST U.S. STEAK TPbr Direct from Harris Ranch in Central California The Number One Sleek in California, and now in Singapore. Only at Jack's Place Steak House you'll find six different choices from only $16. youH get a tender, juicy, corn-fed premium U S Steak with the best value in
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  • Page 9 Miscellaneous
    • 1177 9 to sm mm HIGHLIGHTS The Surreol: Frido Kahlo Bpm, Channel 12 Surrealist painter Frida Kahlo (*****954) was the wife of Diego Rivera, cubist painter, leader of the Mexican muralist movement and one of the principal artists to support the Mexican revolution. At 16, she was involved in a tragic road
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    • 664 9 CRYPTIC PUZZLE ACROSS 3 Short concerts (5) 8 Moke things look sharp (5) 10 Where to compoie rocy poems? (5) 11 A little bed to see to, possibly (3) 12 Turn out of a pleasant world we hear (5) 13 Rabbit getting some chestnuts and grapes, say (7) 15 Like
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  • INTERNATIONAL COMPANY NEWS
    • 895 10 Strong dollar and trade deficit blamed for poor first quarter NYT AMERICAN corporate profits in the first quarter, mirroring the weak 1.3 per cent economic growth rate figure released recently by the Commerce Department, generally appear to be disappointing. Earnings were not shaping up to be
      NYT  -  895 words
    • 645 10 NYT CBS INC, now fighting a takeover bid by Ted Turner, has a private market value estimated at between US$lBO and $200 a share, according to most Wall Street analysts. But they emphasised the world of difference between the market price of
      NYT  -  645 words
    • 258 10 Reuter UNOCAL'S latest salvo in its defence against a takeover by Mesa Petroleum Co chairman T Boone Pickens is aimed at boosting the value of the company stock and stealing some thunder from Mr Pickens's scheduled meetings this week with Unocal shareholders, Wall
      Reuter  -  258 words
  • Page 10 Advertisements
    • 121 10 <?s: at lis m v, 4 m > id iioe t 1 i A* WkW r "tiel Krt IKTEK-COtfTlltMTAl SIKAPOtE «n» o-r"^ When was the last time you showed your appreciation to your secretary? The Secretaries' Week, April 22 to 27, would be a timely gesture to say that thank
      121 words
    • 90 10 V* f Experje^Jsh^ l This att 4 T^ tn has sbo^a^ P pm lo 0*> a a d ipttv \£KS2»33Eft* I HOTEL ASIA Many happy returns 37 Scotts Road. Singapore 0922 Tet *****88 fete* R5243t3 HOTASIA Sj9 mo $fi*£ ok. A j* m »±%sa The 24-hour coffee house that offers
      90 words
    • 60 10 Time: 12 noon 2.30 pm Price: $12.00** Fashion Show: 1.15 pm Models by: AQfi/OlOfl Modeling Agency at*** Pan Fashion PRESIDENT MERLIN HOTEL SINGAPORE 181. Kitchener Road.Singapore 0820 Tel: *****22 Daily new Businessmen's Lunch at only $12.50 Today: Rotage Rarmentier Boiled Beef Flemish Style Fresh Vegetables Hash-Brown Fbtatoes Apple Tart Coffee/Tea
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    • 138 10 %=Atasteof B Spring at the Tiffany coffee House CHERRY BLOSSOM BUFFET Lunch (between 12 noon and 2.50 pm): 5516.00 Dinner (between 6.30 pm and 10.50 pm): SslB.oo++ Try our special Sake cocktails Sake Blossom, Martini, Collins or Dragon only Ss7.so++ each. A¥ 1 10 Eu T ong Sen Street «IB
      138 words
    • 157 10 London stocks, Pago 14 i Ffcng Cheng Lou Teochew v Restaurant for the best Teochew delicacies in town. > Discover our famous dian-xin, k delicious steam-boat Teochew porridge and other mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while you dine in Oriental splendour. Open daily from:
      157 words

  • ASIAN STOCKS
    • 316 11 HONGKONG: Share prices closed higher yesterday, recouping early losses, and the Hang Seng Index finished 13.19 up at 1,487.40. Market turnover fell to HKJ290.77 million from last Friday's $327.51 million. Cheung Kong rose 20 cents to $15.70, as did Sun Hung Kai Properties and Swire Pacific "A" to $10.20
      316 words
    • 190 11 Aft 22 A1 Sincara lndu» Alio Carnal* MT$ 2.68 23.00 23.80 -0.12 •0.3 •0.2 Lian Hwa tafc* Nan Ya Plai Poaftc Com Pacific Boct Wira 1190 26.40 18.10 14.35 1 36 <3£ 999 99 Chang Hwa Bank 48.20 •0.4 •0.3 -1.1 -0.2 16.30 -0.1 Chan Loong Chto Hun Camant
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    • 337 11 TOKYO: Prices fell in very thin trading yesterday, reversing early firmness due to wariness about a possible repeat of last week's plunge. The market average lost 52.15 to 12,179.92 on a volume of 220 million shares, the same as traded in Saturday's half-day session when the average recouped 117.27.
      337 words
    • 105 11 MANILA: Share prices closed unchanged in quiet trading yesterday. The Commercial A Industrial Index as well as the Mining Index and the Oils Index remained unchanged at 130.47, 700.88 and 0.625 respectively. San Miguel rose to 13 from 12.75 pesos while Benguet Con, Lepanto and PLDT were unchanged at
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    • 352 11 SYDNEY: Share markets closed slightly easier in moderate trading yesterday amid late buying in some selected stocks. At the close, the All Ordinaries Index shed 0.5 points to 848.4 but the Gold Index rose 2.8 to 938.6. The All Resources Index fell 0.8 to 580.0 and the All Industrials
      352 words
    • 190 11 BANGKOK: Share prices closed mixed in moderate trading yesterday, the Securities Exchange of Thailand said. The Book Club Index eased 0.12 to 137.06 as advances led declines by more than a four-to-three margin. Turnover fell to 266,473 shares worth 43.3 million baht from 318,027 shares worth 48.1 million baht
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    • 75 11 APR 22 Won 605 -5 Hyundai Cornt Hyundai Motor KAi. 901 560 455 uncfc -6 +4 Chotoung Bk 588 642 -7 -3 Korea Fw»t 645 10 488 8 Korea Stap 480 -4 493 +7 603 -3 562 +2 695 1 510 -5 840 unch Gotd Star Hand Bk Hon
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    • 45 11 Reuter REPRESENTATIVES of 118 banks, securities houses and insurance companies in Japan have formed a new credit rating agency called Nippon Investors Service Inc. The agency's president will be Hideo Kajiura, the former vice-president of Industrial Bank of Japan. Reuter
      Reuter  -  45 words
    • 501 11 Reuter HONGKONG is trying to tighten control over its free-wheeling stock market which has gained a reputation as a speculators' paradise where almost anything goes. The Office of the Commissioner for Securities has drafted rules to govern companies listed on the exchanges. Officials
      Reuter  -  501 words
    • 348 11 Bernama AMERICAN semiconductor companies in Malaysia plan to invest Mssoo million more over the next four years in anticipation of rising demand for electronic components. From 1981 to last year alone, the 13 American companies in Malaysia invested some $848 million
      Bernama  -  348 words
  • Page 11 Advertisements
    • 728 11 mm :ji nr qSO Vd FOR FURTHER INFORMATION CALL *****11 NOW i SS #f=Pj For a Fteranakan 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++
      728 words
    • 105 11 M Savoury Delights Await You At r LM tttt M available daring hutch! for reservations call. Horß><t\ 235 2698 or 734 6622 ext 141/144 5!11 8 jji Lunch: 11 am —3pm orchard road Dinner 6pm-1 lpm i MMfWii «af». Ample Free Parking 19 Cairahiß Circle and Valet Service Singapore 0922
      105 words

  • RAW MATERIALS
    • 651 12 FT BRAZIL is heading for a record cotton crop at a time when the world market is suffering from a surplus in supplies. This year's Brazilian crop will be about 850,000 tonnes, at least 50 per cent above last year's. This means
      FT  -  651 words
    • 213 12 Reuter US GRAIN companies, including industry giants such as Car gill Inc and Continental Grain, have begun severely cutting operations and personnel because the slump in exports is expected to continue for at least six more months. "Wherever we can, we're trying
      Reuter  -  213 words
    • 65 12 AFP THE THAI government will attempt to boost the economy of the southern provinces by easing export tax on their principle commodities, natural rubber, tin and palm oil, Prime Minister Prem Tinsulanonda has promised. Mr Prem said the government would promote tourism, mining, livestock, fisheries
      AFP  -  65 words
    • 124 12 THE MALAYSIAN crude palm oil market closed slightly higher on covering in anticipation that Pakistan and India would tender for processed palm oil around mid-week. Trading was moderate. In April, south finished unchanged at M 51,560 per tonne and north at 11.537.50 and in May, central gained $2.50
      124 words
    • 151 12 Chinese Produce Exchange (Sellers' noon closing prices on Apr 22 SS/IOOkg) Coconut oil Bulk FOB 150 00 Old drum FOB 163 00 New drum FOB 167 00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier FOB NSW 477 50 396 00 248 00 330
      151 words
    • 278 12 Singapore C-l Ord unq (S$/kilo, e«-godown) Loonzain Rice Fragrant new crop 1st 086 2nd 064 100% 1st grode 100% 2nd grade 100% 3rd grade 227 unq 3rd 060 Parboiled Rice New Crop no stock 5% 227 25% 10% 222 10% no stock Thai Broken Maize unq A-super Special oo
      278 words
    • 205 12 AFP PYONGYANG'S annual grain production has reached 10 million tonnes for the first time, central committee member of North Korea's ruling Workers Party Kim Gi-Nam said. Mr Kim added that a proposal for inter-parlia-mentary contact with Seoul was
      AFP  -  205 words
    • 818 12 COFFEE Robusta futures traded quietly during yesterday morning, but held gains posted at the opening on the basis of last Friday's close in New York and weaker sterling against the dollar. At the midday recess, July was £2,057 a tonne, down £3 from its high, but some £30
      818 words
    • 78 12 THE KLTM price dropped five cents to Msa.M per kg yesterday. The buffer stock manager continued to bay actively at this level. The Malaysian discount ever the London spot price widened to £1M per tonne from £M last week on steady sterling against the Malaysian dollar. Volume Increased
      78 words
    • 261 12 SINGAPORE The market closed easier yesterday with May One RSS buyers quoted at 167.25 cents per kg, down 1.75 cents from last Friday's close. The morning session weakened 1.25 cents following lower overseas advices, some long liquidation and forward selling. The afternoon market was quiet but a shade softer
      261 words
    • 95 12 (cents/kg. l-to« poHen) JUNE 85 (current month) (forward month) NOON NOON RAS Buyer* Sellers Buyers Sellers SSR 20 169 00 171.00N 171.00 173.00N SSR 50 167 00 169.OON 169 00 171 OON MRELB Buycn Sellers Buyers Sellers SMR CV 218.00 220 00N 220 00 222 OON SMR
      95 words
    • 334 12 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers kit 1 RSS Prompt 166 50 167.50N 166 00 167 00N Int 1 RSS May 85 167 75 168 25 167.25 167 75 int 1 RSS June 85 170 75 171 00 170
      334 words
    • 155 12 Yarn (In HK$ per bote of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,550 Blue Phoenix 20's 2,700 Blue Phoenix 32's 3,300 Blue Phoenix 40's 3,650 Carded yarn, hank Blue Phoenix 21's 2,900 Combed yarn, cones Blue Phoenix 32's 4,350 Blue Phoenix 40's 4,500 Open-end yarn Blue
      155 words
  • Page 12 Advertisements
    • 378 12 BOUSTEADCO SINGAPORE LIMITED (Incorporated in Singapore) AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1984 Group Company Percentage lncrease/(decrease) Group 1984 *983 Loss after taxation as a of turnover 0.4 1.2 Loss before extraordinary items as a of issued capital and reserves at 31 December 1984 0.7 3.0 Loss per
      378 words
    • 398 12 NOTICES NOTICE or PINAL MEETING IN TUB MATTBt OP THE COMPANIES ACT. CAP. 11l Ami IN THE MATTES OF PI—M industries pte. Ltd. (MmBEBS* VOLUNTARY WINDING-UP) notice is hereby OIVEN that pursuant to Section 308(1) of The Com-; panles Act, Chapter 18S, the Pinal Meeting of the members of the
      398 words

  • SHARE INFORMATION
    • 4127 13 POLITICAL developments in Sabah kept buyers on the sidelines yesterday. As a result, the Singapore stock market fell sharply across the board. The BT Composite Index fell 6.75 points to 705.32, while the Straits Times Industrial Index dropped 8.96 points to 787.99. Volume
      4,127 words
    • 249 13 SINGAPORERises Indices 0 Karomot 820 Strain Trodmg 440 MMuN 316 Omm Hue 268 Kaatvcfcy Spars 295 H LaMt Fn 291 S<« Ua 225 Falls H Laong Cradit 510 Neraachaai 50( 210 Raiaidi 322 SMl 615 M U Mff 50« 228 UOl 194 0 U 8 356 U
      249 words
    • 2444 13 BID and offer prices officially j 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 quoted after
      2,444 words
    • 244 13 GANDA HOLDINGS Berkad: Sixteenth AGM at Penthouse, 10th Floor, Wisma Central, Jalan Ampang, Kuala Lumpur on Apr 24 at 10.30 am. OVERSEAS UNION SECURITIES Limited: AGM at the Mandarin Court 'A', Mandarin Hotel, Orchard Road, Singapore 0923 on Apr 25 at 11 am. CENTRAL PROPERTIES Limited: Twenty-third AGM
      244 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 685 14 7&2J2 SIX PLANTATION-BASED companies have been singled out by Kuala Lumpur stockbroking firm Ariffin Low Securities Sdn Bhd as attractive investments based on their asset values. They are Consolidated Plantations Bhd, Harrisons Malaysian Plantations Bhd, Guthrie Ropel, Malakoff, Highlands ft Lowlands and Koala Lnmpnr
      685 words
    • 191 14 BEN FOODS, the whollyowned subsidiary of QAF Ltd, is buying the Gardenia group minus the restaurant and ice cream parlour as it wants Gardenia to concentrate on the manufacture, sale and distribution of bakery products. Ben Foods is proposing to pay $7,975 million to
      191 words
    • 290 14 SELLERS dominated the trading floor of the Kuala Lumpur stock market yesterday, forcing share prices to fall sharply across the board. Many stocks recorded double-digit losses as buyers scurried to the sidelines. Trading was lethargic and quiet. The market opened slightly easier in listless trading
      290 words
    • 2542 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajinomoto (2.856) cd A Choc (2.145) (2) 2.10 Aisb
      2,542 words
    • 518 14 BANDAR RAYA Developments Bhd has launched its fourth condominium project the largest and most prestigious in Bangsar, Kuala Lumpur. The project, called Tlvoli Villas, will cost Ms7o million and will take about three years to complete. Executive director, Senator Kee Yong Wee, said: "We
      518 words
    • 97 14 HONGKONG Friday 1191.9 Week ago 1196.6 Hang Seng Index Mondoy 1488 15 Friday 1474.21 Week ago 1505.44 TOKYO NEW YORK Dow Jones Friday 1266.56 Thursday 1265.13 Week ago 1266 00 Tokyo Dow Jones Monday *****.92 Friday *****.80 Week ago *****.73 Standard Poors Friday 181.11 Thursday 180.84 Week ago
      97 words
    • 233 14 Monogers' prices for April 23 Second B'putro Third B'putro Fourth B'putro 476 409 4 52 481 4 14 4 57 Singapore Unit Trust Fifth B'putro Sixth B'putro 291 296 2.96 301 The Commerce 2 00 2 12 Seventh B'putro (A) 1 83 1 88 The Savings Fund 1
      233 words
    • 962 14 THE STOCK MARKET yesterday closed easier on balance after a dull session with the FTSE 100 share index at 3.30pm down 2.8 points at 1296.9. ICI firmed 5p to 774 ahead of quarterly results on Thursday while other equity leaders tended to drift easier due to lack of
      962 words
    • 706 15 tcme mm™. By HOCK LOCK SIEW THE INJECTION of new blood into what has now become a totally Malaysian-controlled company is expected to produce a noticeable shift in direction for Dunlop Malaysian Industries Bhd. The "shake-up" at the top represents just the beginning of
      By HOCK LOCK SIEW  -  706 words
    • 811 15  -  Majority approval for purchase of a 25pc stake in NST By NAJEEB JARHOM A CRUCIAL final hurdle remains in Faber Merlin Malaysia Bhd's controversial purchase of a 25 per cent stake in New Straits Times Press (M) Bhd. Although the purchase received
      811 words
    • 390 15  -  By RAMESH CHANDIRAMANI LOSSES at Bousteadco Singapore Ltd were reduced sharply in the year to end-December, but the group still failed to live up to its directors' expectations of a significantly improved performance. Audited results for the 12month period show the group incurred after-tax losses of 1247,000,
      390 words
    • 48 15 LIM KAH NGAM Ltd has informed the SES that the jointventure company known as Ao-ki-LKN Construction (203) Pte Ltd was formed on March 15, 1965, with a paid-up capital of $2. The two directors of the company are Mr Lim Kong Chong and Mr Hiroshi Aikawa.
      48 words
  • Page 14 Advertisements
    • 230 14 U5520,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 24th April 1987* THE MITSUBISHI BANK, LIMITED (Singapore Branch) A In accordance with the provision of the Certificates, notice is hereby given that for the six month interest period from 24th April 1985, to 24th October 1985, the Certificate will
      230 words
    • 128 14 NEED A DIRECT LINK TO U.S. FOOD SUPPLIERS? IPttfi 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
      128 words

  • Page 15 Advertisements
    • 190 15 Thai Royal Executive Class. Wfe go to great lengths to please. i* 4 Jfy y, T ML <41W T# <#! j S-' WwP\ z*&w t Thai, we go to such lengths to please you. You can actually measure our smooth- asL silk service against other airlines. tJ >Our Royal Executive
      190 words

  • 460 16 SGS-Ates head confident of increased demand DEMAND in the international semiconductor industry is expected to pick up in the fourth quarter of this year. While industrialists in the Silicon Valley have declined to project demand in the immediate future, SGS—Ates president Dr Pasquale Pistario
    460 words
  • 153 16 Bernama A STRONGER world economy and more buoyant economic conditions in many developing member countries enabled the Asian Development Bank to achieve a lending level of U552.23 billion last year, 18 per cent above the previous year. The Asian Development Bank's annual
    Bernama  -  153 words
  • 400 16 Proctor Gamble rumour unfounded, say churches THE REAPPEARANCE of the rumour that US soap powder manufacturer Proctor and Gamble is a supporter of Satan has not affected the company's sales in Singapore but it is still causing concern to local churches. The company's 100-year old "moon and stars" trademark, which
    400 words
  • 50 16 THE VISITING Burmese Minister for Trade, U Khin Maung Gyi, has called on the Minister for Trade and Industry, Dr Richard Hu. Dr U Khin Maung Gyi, who is in Singapore on a four-day visit, was accompanied by the Burmese Charge d'Affaires in Singapore, U Khin Muang Soe.
    50 words
  • 226 16 SINGAPORE and Malaysia have agreed in principle to look into the possibility of harmonising their laws on the confiscation of assets of convicted drug traffickers. Both countries have also agreed to consider the question of extradition of traffickers. This agreement was reached
    226 words
  • 382 16  -  By LIM SOON NEO THE DEVELOPMENT of the Mass Rapid Transit system passed a new milestone yesterday when Contract 204, the last major civil engineering contract for Phases 1 and IA, was awarded. The $48.7 million contract went to a joint venture set up
    382 words
  • 77 16 THE PRESIDENT of the United Nations General Assembly, Paul Lusaka, will arrive in Singapore on Friday for a one-day visit. He will call on the Minister for Foreign Affairs, Mr S Dhanabalan, on Saturday morning and attend a dinner held by the minister later that night.
    77 words
  • 72 16 Reuter WALL STREET stocks were mixed in early trading yesterday, buffeted by the cross currents of lower interest rates and a softer economy. The Dow Jones Industrial Average was up more than one point to 1268 on turnover of 8.57 million shares. Declines led advances by a
    Reuter  -  72 words
  • LATE FILE
    • 55 16 Reuter SOVIET leader Mikhail Gorbachev will attend the next UN General Assembly in New York and may meet President Reagan there, the editor of the official newspaper Pravda said in Moscow yesterday. Editor-in-chief Viktor Afanasiyev said: "I know for sure that Mr Gorbachev will go
      Reuter  -  55 words
    • 76 16 Reuter THE TAIWAN government yesterday ordered the owners of the Cathay industrial group not to transfer their fixed assets pending an inquiry into the country's biggest bank scandal. An interior ministry official said the finance ministry order had frozen all fixed assets, including property owned by
      Reuter  -  76 words
    • 55 16 Reuter THE US has turned down a Nicaraguan peace offer, calling it an attempt to influence Congress before today's vote on President Reagan's bid for more funds for Nicaragua's US-backed rebels. Nicaraguan President Daniel Ortega had offered to declare a ceasefire if President Reagan would stop
      Reuter  -  55 words
    • 56 16 Reuter mind on Bandung VIETNAM will attend the meeting of Asian and African countries in Bandung later this week after all. An Indonesian Foreign Ministry spokesman said in Jakarta yesterday that Hanoi, after turning down Indonesia's invitation, had changed its mind and decided to send a low-level delegation
      Reuter  -  56 words
  • Page 16 Advertisements
    • 120 16 If you're feeling under the weather today, here's something that might cheer you up: Your POSB Cash-On-Line card can be used to pay for your medical treatment at the Singapore General Hospital. All you have todo is present your Cash-On-Line card and Identity Card to the cashier at the payment
      120 words
    • 24 16 7TTm?TT FRENCH TRADE COMMISSION FRENCH EMBASSY IN SINGAPORE ■■—win in #30-06, International Plaza, 10, Anson Road Singapore 0207. Tel: *****33/4 Telex: COMATTA RS *****
      24 words
  • Page 16 Miscellaneous
    • 54 16 Outlook for today. Showers over several areas in the afternoon. Report for 24 hours prior to 7 30pm on April 22 at the oirport: Maximum temperature 32.1 Associated humidity 70 Minimum temperature 25.8 Associated humidity 93 Hours of sunshine 4.15 Rainfall in millimetres 1.2 Roinfoll this month 82.2 Rainy days
      54 words

  • SHIPPING TIMES
    • 213 17 A "FULLY efficient management with a select and minimal staff" this is the goal which the "K" chief executive has set for the company this year. In an address to his staff, President of "K" Line K Kumagai said the company should
      213 words
    • 141 17 TMR/ITN THE HONG Kong Islands T.inp has reversed its fortunes, much to the delight of the New World Development Corporation. New World, a HK estate company, acquired 70 per cent stake in the Hongkong shipping company in 1983 when the company was rumoured to be on
      TMR/ITN  -  141 words
    • 450 17  -  By LINDA CHEE THE NATIONAL Maritime Board is coming up with new courses to make the Singapore seaman more versatile than his Asian counterparts. Slated for the end of May is a four-week conversion course that will equip deck and engine ratings
      450 words
    • PORTSIDES
      • 32 17 Reuter MEMBER lines of the Sabah, Brunei, Sarawak Freight Conference said they will raise their currency adjustment factor (CAF) to 15.5 per cent from 13.0 per cent, effective May 1.
        Reuter  -  32 words
      • 48 17 Reuter THE state-owned Ceylon Petroleum Corp (CPC) is seeking offers for time-chartering of a tanker to carry crude oil, a CPC official said. The tender closes on May 21. The official said the contract is for a period of one yearstarting June 1985. Reuter
        Reuter  -  48 words
      • 59 17 ABS on-line survey status service is now available free of charge to all owners of the nearly 15,000 vessels and mobile offshore drilling units classed by ABS. Shipowners worldwide have access to the ABS Computers, Inc, in New York. They can request and receive in minutes, computerised
        59 words
      • 141 17 AP TWENTY-FIVE anti-nuclear demonstrators were arrested after protesting on board a visiting US cruiser atFremantle on Sunday. Those arrested will appear in court on Friday on 27 charges, including disorderly conduct, hindering police, refusing to leavethe wharf and resisting arrest. At one stage during the demonstration, American sailors
        AP  -  141 words
      • 94 17 Reuter IMELDA Marcos, wife of president Ferdinand Marcos, suggested China use Philippine ports for its trade with the US and other countries, an official statement said. The suggestion was made during talks with visiting Chinese Foreign Minister Wu Xueqian. She said the two countries could enter into a
        Reuter  -  94 words
    • 598 18 Fairplay CONTINUED offshore exploitation of the Bombay High field of the Oil and Natural Gas Commission (ONGC) of India has given a fillip to local shipping companies to diversify their fleets. It has also provided employment to work-starved Indian yards, which are expected to get
      Fairplay  -  598 words
    • 173 18 TMR/ITN THE US rail piggyback traffic suffered a 4 per cent decline in units moved in the first quarter of 1965. This is the first reduction in four years for rail piggyback traffic, trailers and containers carried on flat cars. Rail piggyback units climbed
      TMR/ITN  -  173 words
    • 65 18 AFP THE negotiations on possible government purchase of Stavros Niarchos' shipyards are continuing, and a decision is to be made in principle by May 14, sources close to the company said. If the government does not buy the shipyards, some 4,800 workers would be dismissed, the sources said.
      AFP  -  65 words
    • 182 18 AMERICAN President Lines (APL) has introduced a new generation of computer-controlled reefer equipment. The American carrier says that the new CFII containers with bottom-air delivery ensures precise, continuous control and protection of temperature sensitive commodities from the point of origin to the final destination.
      182 words
    • 643 18 Afeo VI 3 Ahrenkiel Liner V 4 Andeka Shpg VII 1 ANL 1 1 APC Lme V 4 APL 4 ASCL m 1 Asiobroker V 5 Austasia Line V 1 Bolt-Orient VI 4/5 Bangkok Cont VI 2 Bank Lme V s B8S 1 4/5 Ben Lme V
      643 words
    • 1852 18 CONTINUED iron ore chartering featured the freight market on Friday with business including 200,000 long tons from Tuba rao to Italy at U555.25, shipbrokers said. Ore was also covered from Nouadhibou to Taranto at $3.50 and from Narvik to Dunkirk at $3.05. Coal shippers secured tonnage from Hampton
      1,852 words
    • 212 19 AFP JAPAN'S shipbuilding market shows no sign of recovering from its current slump as the number of ship export orders received last year dropped sharply over the 1963 figure, the Japan Ship Exporters' Association said. The number of ship export orders received last year had dropped 60
      AFP  -  212 words
    • 375 19 THE NEWLY-formed Transpacific Westbound Rate Agreement has disclosed new measures to try to rehabilitate the reputation of its 19 member lines in the US shipper community. The conference has committed itself to responding to shipper complaints or requests within seven working days. According
      375 words
    • 189 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
      189 words
    • 401 19 Lloyd's List A DRAMATIC reduction in the damages paid by container ship operators to some shippers could take place following a ruling by a US Court of Appeals. In a move which could have major implications for companies using shipping lines in US
      Lloyd's List  -  401 words
    • 129 19 Fairplay INDIAN charterers have asked the International Maritime Bureau to study the problems of charter party failures in the country. The request was made at the seminar on international maritime and commercial frauds held in Bombay under the auspices of the All-India Shippers' Council, the
      Fairplay  -  129 words
    • 368 19 April 21-21 Oil pollution control course, Institute oof Petroleum and Warren Spring Laboratory, Orwell Moat House, Felixstowe, Suffolk. April 24-25 Offshore weight engineering conference, Holiday Inn, Dye, Nr Aberdeen. April 25-21 New technologies to extend the life of North Sea facilities. Oyez Scientific conference, London. April 21 New
      368 words
    • 4892 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      4,892 words
    • 701 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Siri Bhum 216N 23.4.85 2300 S'pore Shpg F2 0930-1100 K1 Anson 3508N 23.4.85 2359 Heap Seng F7 1030-1200 SI Plato 25N 24.4.85 0700 Borneo F2
      701 words
    • 1771 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies ISI Uro-Kirtili IJne Transgroup ISI Ahreaklel Liner Servlee Kim Shpg (Si Mired C Taepler Oceanus Shipping Agen oies (St Marintex Enterprise <PKt Alpae Imrasea (S) Bintang Shpg iKL) Island Cargo
      1,771 words
    • 484 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 23.4.85/1200 Ivy bank K9 Boustead alongside Kota Salam K31 PIL alongside 23.4.85/1200 Niaga 21 K8 Kalimantan alongside 23.4.85/0700 Prosper K29 Leo alongside 23.4.85/2300 Takari VI K22 E'tern Way alongside 23.4.85/2300 Trans Hav K10 Barber alongside 23.4.85/0600 Intanin
      484 words
    • 326 26 AFP THERE was little enquiry for vessels in the Gulf states area last week following an attack by an Iraqi aircraft on a VLCC about to load at Kharg Island. Enquiry from other areas also remained at a generally low level. London brokers EA Gibson noted that some
      AFP  -  326 words
  • Page 17 Advertisements
    • 211 17 forcig n E*cwn9® Dealing Rubkshad by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A membef ot the times wgonisaiiori 556.50 1 FULLY CONTAINERISED SERVICE TO FUPOPF VIA SUEZ > "V jy ik 1 t ROM EUROPE Via SUE rrrnr rrrfl t 23±fcS NORTH AMERICA
      211 words
    • 416 17 mm CONTINUED offshore exploitation of the Bombay High hold has given a fillip to local shipping companies to diversify their fleets.... II A DRAMATIC reduction in the damages paid by container ship operators to some shippers could take place following a court ruling 111 INDEX TO Advertisers II LONDON Freights
      416 words
    • 994 17 .iKI ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 n*r MAERSK LINE SPEED SHUTTLE TO PNW-ATLANTIC INLAND POINTS INAUGURAL SAILING .S. LEXA MAERSK VOY 8506 ETD: LPK 9/5 PEN 11/5 SIN 14/5 ETA:
      994 words

  • Page 18 Advertisements
    • 263 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wml Faadar at Tokyo mmm VS. U/LB OM Pacific North Wast Faadar at Koba 2/5 KBNIM. s/s j. arouo Atlantic/Canada Faadar at Koba felin RYOMMV UM N. TQM H 17/S 15/1 l»/4 KBO MMW 23/4 21/1 25/1 L APOLLO 1/S
      263 words
    • 196 18 11 I —f\-n Supercarrier Service IWI ARim.SBAMtR HECTOS 17/4. BARKR TOBA 12/5, BARBER IAMM 17/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Tift la/4 IOMT I »/5 TMM t IVS 24/5 si/s 2/4 u/» IC/C 22/1 23/1 1/7 tn 4/4 VI 7/1 u/i u/i a/i 2vi 2Vt v/t
      196 words

  • Page 19 Advertisements
    • 795 19 The Straits Steamship Group J IS Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok 1 CONTAINERSHIP SERVICE TO UK CONTINENT OSMAMY lnopormy an OMKN 44/7 Abo Accepting Cargo For: tatoitM to tort*** tonatn lariMi It Rraaaa Slan H-tan Baa Lrttow 17/5
      795 words
    • 638 19 Franco Belgian Services F+r Lu. IMF MHI R OF ACF CONSORTIUM! STQK PJBM6U Iknt r«M OKXT* CMEF 24 Ap (22 Ap) 13 Hi; Hi) U Hit M*7 1» Ofma ROB 1 Har (29 Apr) 23 Hter 21 An 22 An 2« An 24 An 21 An KPtIK amTN. Ilb| (i
      638 words

  • Page 20 Advertisements
    • 434 20 1 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandhavia, Med, Carribean IS. America Wand hatdaie to Wand destinations in Europe Spare Keiai* Penar*Lei»*sßfca« Genoa Hbu| Rtfam Bha»en Antwerp HOC US 15/5 17/5 15/5 12/4 14/4 H/4 Takii Eipros Tab* Eipmi Cardfcan Bj» Cardan Bar Osaka Bay Osaka Bay Lm*rp*al Bay
      434 words
    • 186 20 K.&.IjINE tOMfi J*. *Xu«». FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Consortium J FUtLY CONTAINERISED TO FROM NORTH AMERICA KEST tOAST •«j to«tor »*ss«4 Spar.* KH LA Oakland Se.ttt. Vk6C HK $>r»* KOREAN WOW SUN 45E (25/4) 23/4 1/5 19/5 21/5 24/5 23/8 CONVENTIONAL SERVICE To/From BUSfIN CONVENTIONAL SERVICE
      186 words
    • 491 20 THONG SOON A6ENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88 TELEX: RS ***** BOOKING: *****56 (DIRECT LINE) LINK SIN6APORE/BAN6KOK TWICE A WEEK With Reefer, FCI and LCI Container Service Agents: laagfcak: Truaport Freight Forvarilai latomVaMl to. LM 325 S.P.M. Bldg, Silom Rd, Tel: *****93/5 SIN CHIAO SHIPPING
      491 words
    • 662 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) US WEST COAST SERVICE ran *a sep moto lai re sn pn 5® s rat cube 2/5 cnum 25/s *7/5 EH I**1** n man 2/5 no onhmc «/i c/c cn uwa 2/4 4/4 in tormarb 7/5
      662 words
    • 248 20 as I NOSE MARITIME PTE LTD OWA COSMOS 7/5 QUEEN 7/8 Honiara, Noumea. Lautoka, Suva, Papeete, Pap, Apia, Nauru. Jayapura, Newak, Lae, P. Moresby. Rabat*. Kimbe, Kieta, Honiara, Noumea, Lautoka, Suva, Papeete, Pafo, Apia Accepted Cwtaown tar Utiniu/ South Padfc subject to SUN UNION LINE 11 SERYI PJCELAMG POMM 29/4
      248 words

  • Page 21 Advertisements
    • 776 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES KOTA WVJAYA KOTA PET AM 6-7/5 27-23/4 COLOMBO/CHITTAGONG/RANGOON SERVICES "rnj.!.;»TTT7rrrr—-7-10/5 r W "*V'I BANGKOK DIRECT SERVICES f !.<• INDONESIA SERVICES JAKARTA KOTA ANGKABA FAR EAST SERVICE TAIWAN/JAPAN (FULL CONTAINER SERVICE) 24/4 1 27/4 I
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    • 606 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE WITH ÜBERTY TO CALL AT RED SEA PORTS PENANG FED VIA SINGAPORE |KfJEBSEN LINE IL NEW ZEALAND SINGAPORE PORT KEIANG K lUMPUR PENANG BIN LINE BENDER A BENDER A BE NOf R A TEI *****44 TEI *****1 TEL *****5 TEL ***** I 4
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    • 648 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST STORE SERVICE FULL CONTAKER VESSEL. ■SAN YOKOHAMA KOBE KAOKSAMC HK STORE ICWI MAJAMMT Vl» M 1/4 11/4 13/4 IC/4 11/4 21/4 24/4 GOWA VIIm 22/4 25/4 27/4 1/5 J/5 «/5 J/5 a;lN:Viraafi7Ja;Ti.. T Hi.:I« WEST BOUND V PR fTBAO lON mMH/fDAM CSTOI HDUK/BtCN
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    • 619 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Pajan VS6 In Port A*a ¥7411 Phashwejyawywa V253W 28/30 Apr Loftaw V9B 2/4 May Pa-w *S3 7/10 May Loadnc tor Ewope. V* 27/29 Apr 4/6 May BANK LINE EXPRESS SOU-CONTAINER SERVICE TO UK/CONT SPORE R'DAM HULL
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  • Page 22 Advertisements
    • 1168 22 •jKline KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEEDER *SL MOTtCII VSI MONTI IHBT in IBKW SPORE PKLG PNG SPORE KOBE GUAYAQUI CALLAO «ICA IQUQUE AfMAST* S VfTOMO VALPARAISO 3 Miy J May 7 May 9 May 2b May 25 tur 2 U (U 7 M IM 12 M 10 M TAIWAN-JAPAN-CHINA
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    • 648 22 asfi CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tor LOS ANGIIiS SAN FRANCISCO SEATTIE TACOMA VANCOUVER BC Accepting FCt/FCI Containers AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI fCI Containers f KKanf S pare Aha Accapti KABIROAS 26/27 Apr 19 Ma, 9 May 16 Mar Ada) RAVOAS 4/5 May 6/7 May
      648 words
    • 457 22 SANKOASIA FROM JAPABICSC POftTS AND HO«OKOMG GOLDEN LINE «5S\ GUAN GUAN SHIPPING (PTE) LTD V Kninf TuKf Promncul Bar* BiAdnt CO Ctci Stmt K-*—4 SBKAPORf 0104 TCI *****90 (10 UNES) I T«l Hub lianpu ***** p *eunt nmi Pnunf XMM Paar Gudanf Afwt ORfHT LLOYD (M) SOI BM> TCI: «370
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    • 527 22 INTRASEA (PTE) LTD. to Anson Road »27 16 International Pia/a Singapore 0207 Tel *****11 (10 Lines) <► BREAKBULK SERVICE TO EUROPE/UK S port P. KeUntLoainc for FORT NELSON *****05 25 Apr 2t Apr ROTT ANT/U.K. (AVON) FJ SEA WOOD AND R.M.Z.t^r, S pore P Kelang Loadni tor: TBN VOY 11
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  • Page 23 Advertisements
    • 598 23 SLNOL \\NEPTUNE ORIENT LINES LTD FAR EAST/EUROP€ FULLY CONTAINERISED SERVICE »ci TO EUROPE/UK (VIA SUEZ): 0 CHEF 43W C RO2E 43N N CRYSTAL 29*... MAETERLINCK 6W. SS BRDGE 50*.... C PAUL 44* Also accepting cargo to/from Scandinavia 0 CHIEF Spore Closing Times: FCL Cargo 2359 23/4 LCL Cargo 1200 23/4
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    • 513 23 S P'tfl •I.INIS NIPHIW ACINOUS Pit 110 Tel '***** *****4 «Boo*m|si ???JS 10 ??l?0?? (Opfritions) ??09?84 (le.mmjli ??0?«')0 ??0?S04 (CIS) Mil A*Ml IMNIS I UNAS SHI* SON BHD Kl Itl *****0 *****4 PK Tel *****4 PIN Tel 3673/S J6/4/S r FULLY CONTAINERISED SERVICE TO COLOMBO, ARABIAN GULF, RED SEA, E
      513 words
    • 592 23 h W SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P RELANG M/S SHARK AT WAH SOOW SOW BHD IST AND 2ND FLOOR NO 1 JALAN CEMP£NING
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  • Page 24 Advertisements
    • 768 24 IteyiiMial Container Lines 4 Sailings weekly GO! Fast Reliable Regular Punctual Berthing P.S.A. Tue, Thur, Sat Sun. REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA vor sn PUT SKI* MTU KORSORTUM 166N/330 25 Apr 30 Apr MTU KOKSOKTUI IS7N/332 2 Mar 7 May MTV KONSORTTUM IHM/334 J May 14 Mar MTV KORSORTRM 1695/336 It
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  • Page 24 Miscellaneous
    • 163 24 iriiiifwmiriwfir----Regional Weather -A ft u <y* L' 4 S< SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wmd direction with speed in knots Wove height LEGEND: R Thunderstorm Temperature c A Weather ~S Wind direction with speed in knots o,n Wave height Cloudy Sky Surfoce winds ore indicated
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  • Page 25 Advertisements
    • 88 25 FAR EAST/EUROPE CONTAINER SERVICE 11 r Trrm 11 TTTTi I.I!Vii".VfTTTTTTTI fTTM nm UEaarn ■guns I—l inif am E rra rf mm 11 I ■ITfltl 11 WTTTTI n ■rnrm .r imm ALSO ACCEPTMC FOR: AWTMRP. L HHHIE, IK. HBO. COPENHMOi OSLO K3O ACCtFTMC FROM EUROPE: im hoi, cot, UK, Aimer. osto,
      88 words
    • 69 25 HOE HOE SHIPPING WEEKLY CONTAHEMSED PALLETISED SERVICES SMGAPORE TO BRUNB/LABUAN SERVICE ETA HOI UEN 2SAp HOI SHE* 2 May HOE LEN May DAI.T RECQYMG CARGO kopb terry Kf hS ETD Destination 27 Apr MUAAA, LABUAN 4 May MUAAA. LABUAN 11 May MUAAA, LABUAN r P-02 (303) m mi alto* 2T
      69 words
    • 210 25 LICORNE M .GEMKAL AGENTS SEJUJOH SHPFM (S) PTE LID. mum SALES/BOOKMES TEL 2215(11 (I LIB M/V MBMGfMC VSISS M/V CGM VELAY V6ISS M/V CGM m Scan Dutch To Europe (Med/ UK/NC/Scan) 7VT+ 2) ROTTERDAM ACCEPTNG/SMLMG To Red Sea/Mediterranean 8. Butane 2/5 8 Butane 3/5 B. Butane 6/6 B Butane 7/6
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  • Page 26 Advertisements
    • 307 26 f w Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER ASTRA PEAK SEA ARCHITECT NEDLLOYD MOJI AFRICA MARU NEDLLOYD MADRAS CONTINENTAL PARTNERS 24 Apr Port Loots, Reunion 3 May Mombasa, Daressalaam. Tamatave 16 May Mombasa, Daressalaam 24 May Port, Louis, Reunion 7 May Apapa, Monrovia, Abidjan. Lome, Douala, Tema 14 May Abidjan,
      307 words