The Business Times, 10 June 1985
1985-06-10
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The Business Times
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Title Section12 1985-06-10 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, JUNE 11, 1185 60 CENTS12 words
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Article240 1985-06-10 1 AFP AP PRIME MINISTER Lee Kuan Yew returned home yesterday after a three-day working visit to Thailand. During his stay in Bangkok, Mr Lee had talks with his Thai counterpart, General Prem Tinand Foreign Minister Siddhi Savetslla on issues of mutual interest, particularly the CambodianAFP; AP - 240 words
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Article116 1985-06-10 1 AFP AN AMERICAN food company, Archer Daniels Midland Co, has become the second foreign firm to be granted the Japan Agricultural Standard (JAS). The award is granted by the the Japanese Agriculture, Forestry and Fisheries Ministry. The granting of the JAS meant that Chicago-based ArcherAFP - 116 words
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766 1985-06-10 1 MANO SABNANI, ALVIN TAY - Companies Act changes an important factor By MANO SABNANI, ALVIN TAY ONE OF the key barometers of business activity the number of new companies registered by aspiring entrepreneurs has fallen to the lowest level of the decade. Only 1,231 local companies were766 words
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356 1985-06-10 1 AFP A US SENATE resolution urging Philippine President Ferdinand Marcos to institute reforms as a precondition (or future aid risks costing Washington its two military bases in the country, a Manila newspaper said yesterday. The Times Journal, which is closely identified with theAFP - 356 words
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496 1985-06-10 1 INCREASES in road tax and petrol duty triggered a |7 million dip to $572.8 million in the amount advanced for motor vehic)e loans by finance companies last March. The fall, as recorded in the latest Monthly Digest of Statistics, followed increases in496 words
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295 1985-06-10 1 AFP INDONESIA might allow Chi- nese businessmen to obtain entry visas in Hongkong or Singapore, as part of a proposed resumption of direct trade between China and Indonesia. Cabinet Secretary Murdiooo was jmrtwdey reported by Antara news agency as saying theAFP - 295 words
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Page 1 Advertisements
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Advertisement129 1985-06-10 1 Call Wayfoong at 737-7977 for a fast decision on your loan Waytoong Mortgage and Finance (S) l« A whoay-owned tuMKfcary of Hongkong Bar* 6 Claymore KM »03-00 Claymore Ptea, Sngepore 0922 aj». Me. mm] This personal screen-size Trinitron is Sony's latest addition to its SBCTEXT lineup. It has super space-age129 words
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Advertisement350 1985-06-10 1 FOR more thon o century, the hard-cover book has been the mainstay of US book publish ina, unchallenged in its prestige ond durability. But it is now losing its commanding position to the paperback that larger-sized, higher-priced paperback format that has long been dominant in much of the world. And350 words
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Advertisement200 1985-06-10 1 ComputerAsiaBs 14-17 August World Trade Centre Singapore Exhibitor 1 Services Pte Ltd Tel *****47 Telex RS ***** SiNGEX What you missed... If you did not read BT on Saturday, you would still live with the impression that news about the electronics industry is all bad. and you would not know200 words
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MANAGEMENT
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Article, Illustration1236 1985-06-10 2 TERESA LIM - With the Chinese market still new and information scarce, foreign businessmen often need an s intermediary to guide them pass the many pitfalls presented by the Chinese way of doing things. TERESA LIM reports that for the first time, a1,236 words
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FRONTIERS
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Article, Illustration531 1985-06-10 2 LEE HAN SHIH - Compiled by LEE HAN SHIH New Scientist ABOUT 40 per cent of households in the US keep at least one dog. The nation's dog population stands at about 48 million. But what do humans get out of the relationship? According to a veterinary surgeon from Philadelphia, forNew Scientist - 531 words
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Article215 1985-06-10 2 A RECENT development in the United States has given the new biotechnology industry a knock from which it will take a long time to recover. The setbade may also deter future research and development. The problem encountered by biotechnology companies is how to patent their genetical-ly-engineered215 words
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Article131 1985-06-10 2 PRICES of 64k static RAM chip» in Japan are plummeting because of a slowdown in sales of personal computers and small word ptucessors, and the slide of the dynamic RAM market. In one week, the price of SRAM dropped 11 per cent to 1,600 yen, mainly because131 words
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Article97 1985-06-10 2 THE South Korean government is working on a set of comprehensive measures to tnrrnny investment JnJMgh technology^ According to the Korean Herald, the Korean government will allow some venture businesses to be listed on the Korean Stock Exchange. It will also upgrade the status of the97 words
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444 1985-06-10 3 BOARD MEMBERS with experience in the international, government and marketing disciplines, are surprisingly uncommon in high-technology companies, according to a survey released recently by Boyden Associates, the executive recruitment firm. "This is a remarkable shortcoming in board composition, especially in444 words
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Article, Illustration1290 1985-06-10 3 JOAN GRAY - By JOAN GRAY FT FOR A MAN who is confronted with turning round a company that lost 1.1 billion French francs last year on a turnover of 15 billion, Serge Michel is remarkably confident. Michel's challenge is to revive Societe Generate d'EntreprisesFT - 1,290 words
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Page 2 Advertisements
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Advertisement245 1985-06-10 2 PHILIPS PHILIPS Wuumuuwv II ■J+S* f *fl With the Philips Pocket Memos9s, you can record your thoughts even when your hands are tied. Use the Philips Pocket Memo 595 to record your conference minutes instead of your secretary. So she can make better use of her time to tackle more245 words
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Advertisement431 1985-06-10 2 ADVERTISEMENT CAN CAUSE YOUR BUSINESS Business in Singapore as in other countries is conducted based on trust and confidence. It is very normal (or thriving businesses to extend various credit terms to clients and customers. The problem arises when payment is not received on the due date. We can classify431 words
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Page 3 Advertisements
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Advertisement266 1985-06-10 3 v ■mini «fp* >* *****11 f I I T I I hfiiif< i i i i i ■Mill I When it comes to compatibility, Olivetti tells a beautiful software story... B Both the Olivetti M 24 transportable M2l PCs run thousands of industry-standard application software. They oan be used as266 words
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OVERSEAS
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493 1985-06-10 4 NYT PRESIDENT REAGAN is expected to decide in favour of continued overall adherence to strategic arms control treaties, but will also agree to limited and measured deviations in response to purported Soviet violations of the treaties. US officials pointed out thatNYT - 493 words
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193 1985-06-10 4 Reuter SOVIET leader Mikhail Gorbachev's drive to make Soviet industry more efficient has not yet produced results and figures for the first half of 1965 are poor. The daily Socialist Industry {alisticheskaya Industria) on Saturday i! appeared nany workers and factory gen hadReuter - 193 words
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164 1985-06-10 4 AP judge says American Airlines had the ritfit to fire al. flight attendant because he cty not smile enough at passengers. US District Judge Robert Belew ruled against Robert Cox, who sued the airline Is 1981 ffr alleged sex discrimination beforeAP - 164 words
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Article83 1985-06-10 4 Reuter THE US Senate has tentatively agreed to restrict US contributions to the United Nations after December this year if the world body does not give the US and other big donors more voting power. The vote on Friday was 71 to 13 on anReuter - 83 words
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241 1985-06-10 4 AP CITING a "threat" from the Soviet Union, US Defence Secretary Caspar Weinberger has said that he will lobby for at least a 3 per cent increase in the US military budget for fiscal year 1987, not including an increase for inflation, according toAP - 241 words
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Article148 1985-06-10 4 UPI ISRAELI-BACKED militiamen freed four of 23 UN soldiers abducted in southern Lebanon, but said they would not release the rest until 11 of their own men lifetaSbiiteforces were let go, ftraSexHrnmary souflces said. The four members of the United Nations Interim Force in Lebanon threeUPI - 148 words
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163 1985-06-10 4 Reuter A DROP in Canada's May unemployment rate to a three-year low of 10.5 per cent represents an economic breakthrough for the country, Employment Minister Flora Mac Donald told the House of Commons. Statistics Canada said seasonally adjusted unemployment.Reuter - 163 words
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Article276 1985-06-10 4 UPI THE US Commerce Department, in advising US manufacturers to become competitive, has recommended that some move their plants overseas, Senator Lloyd Bentsen has charged. In a letter to President Reagan on Saturday, the Texas Democrat said the recommendation "suggests that it is governmentUPI - 276 words
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Article245 1985-06-10 4 Reuter PROTECTIONISM and the possibility of a new round of international talks to safeguard free trade were the key issues at an informal meeting of ministers from 21 countries which began in Stockholm yesterday. "The most urgent issue facing the world economy today is the rising trendReuter - 245 words
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368 1985-06-10 4 Reuter A FORMER border guard said at the trial of nine ex-Junta leaders that he saw prisoners' ears and nails being torn off with pliers during the Argentine military, government's "dirty war" against subversion. Omar Torres, who was a border guard from 1976Reuter - 368 words
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Article494 1985-06-10 4 Reuter SPOT PRICES for crude oil worldwide were driven down by 50 to 75 US cents a barrel last week on rumours surrounding various Opec producers, oil traders said. "Last week was dominated more by perception than by fact," said Andrew Lebow, analyst with Shearson LehmanReuter - 494 words
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ECO NOTES
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Article60 1985-06-10 4 MOST Americans favour limits on imported goods as a way to protect American jobs even if the restrictions mean less choice among products they can buy, according to a New York Times-CBS News poll published. The poll of 1,509 adults, published on Saturday, was conducted shortly before Washington60 words
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Article41 1985-06-10 4 The number of private businesses in Beijing has increased more than 200 times since 1979, and they took on 30,000 new workers in the first four months of this year alone, the Beijing Evening Daily said on Saturday.41 words
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Article57 1985-06-10 4 PRESIDENT REAGAN has rejected the idea of a fourth tax bracket on top of the three rates proposed in his tax reform plan. The extra bracket, under consideration in the House Ways and Means Committee, would make the plan easier on middle income taxpayers and reduce the size57 words
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Article60 1985-06-10 4 CAPITAL generated within South Africa in the event of a withdrawal of US investments would be insufficient to achieve a satisfactory growth rate in the coming years, Finance Minister Barend Du Plessis said in Cape Town on Friday. Internally-generated capital could ensure a growth rate of around 360 words
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Article45 1985-06-10 4 Agencies TAIWAN'S two-way trade totalled U554,445 billion in May, down 9.2 per cent from the same month last year. The Directorate General of Budget, Accounting and Statistics said the drop was the largest since February 1983, when trade fell 10.1 per cent. AgenciesAgencies - 45 words
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173 1985-06-10 4 Reuter PERU'S police launched a massive search on Saturday, detaining more than 1,000 people briefly and hoiding two as suspects after Maoist rebels blacked out Peru's capital and set off two car bombs near the presidential palace. The rebel attack on Friday night, oneReuter - 173 words
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122 1985-06-10 4 Reuter THE US unemployment rate was unchanged at a seasonally adjusted 7.3 per cent in May, the same rate that had prevailed since February, the Labour Department said. Total employment as measured by the monthly survey of households was virtually unchanged at 106.96 millionReuter - 122 words
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184 1985-06-10 5 Bernama A TOP JAPANESE official who recently visited (our Asean countries has emphasised that it is crucial lor Japan to carry out its market-opening measures at ooce and not bit by bit Mr Masayuki Fujio, who made the 11-day trip of Asean countriesBernama - 184 words
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Article130 1985-06-10 5 AFP A 10-YEAR-OLD boy in Kawaaski, Japan, died from loss of blood as his parents icfused to have him receive a transfusion because of their religious belief, police reported. Dai Suzuki, the eldest son of a 42-year-old bookshop owner, Makoto, waa hit by a truckAFP - 130 words
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152 1985-06-10 5 AP CHINA HOPES to pay for imported nuclear power plant equipment with bartered goods and services, possibly including China's acceptance of used nuclear fuel materials, Chinese Premier Zhao Ziyang said. He also told a news conference on Saturday before ending hisAP - 152 words
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Article181 1985-06-10 5 AP CHINA has taken up the question of providing all »a» ,i j- ,ai- .I citizens witn standardised identification cards, the government reported on Saturday. Public Security Minister Liu FuzM called the proposed system a "major reform" of registration, the state-run Xinhua news agency said. MrAP - 181 words
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Article760 1985-06-10 5 ARRIVALS Opweter itmct Local tmm Fro* PAA MAS SIA SIA MAS MAS MAS MAS sv CAL RBA SIA CPA OA SIA SIA RJ THAI MAS GIA SIA MAS GIA PA21 0020 MH6Q1 0720 SQ43 0750 SQ45 0615 MHA8t""0620 MH603 0905 MH671 0935 MHB11 0940 SV378 0940 ◦806760 words
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361 1985-06-10 5 AP AMERICAN foreign traders have add that they will warn Pacific Rim countries that protectionist sentiment is hitting record highs in Washington. "The clear message from practically everybody was that ...if it is necessary to close our markets to open theirs, that's what we'reAP - 361 words
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70 1985-06-10 5 Reuter REBECCA QULIANO, the "Crying Lady" witness in the Benigno Aquino trial, will file contempt charges against the government-owned Mahxrlika Broadcasting System television station which she says twisted her testimony. Her lawyer, Lupino Lazaro, said MBS reported Miss Quijano was incompetent to testify becauseReuter - 70 words
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Page 4 Advertisements
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Advertisement60 1985-06-10 4 .restaurant. The instinctive choke when... jo» hunger for fine french -food entertaining clients mating amends impressions count she demands attention you uondjeruhat happened to romance* the occasion dictates \Nfatewr your reason, call 223 3366 for reservations Luncheon' 12 -2.30pm- Dinner• 7~ 10.30pm. ftouvelte cuisine's finest hour The Octagon, sth Storey,60 words
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Advertisement132 1985-06-10 4 \k j! Tv f' Youcannonjoinour distinctive tenant list Only 4 units available. Along with a tenant list that reads like a Who, the Octagon offers a list of uniquely distinctive advantages: its strategic location close to Shenton Way Raffles Place. Its prominent and outstanding identity. Making it a landmark in132 words
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Page 5 Advertisements
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Advertisement9 1985-06-10 5 Jr 1 EanAm's747SP Fastest Daily to 2 San Francisco.9 words
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Advertisement108 1985-06-10 5 V f JLT&m The Wings of Paradise TTTk* you fly Air Lanka Business Plus VV you have a lot to celebrate. Priority check in, plus a big 30 kg baggage allowance. 'Welcome aboard'with French champagne, comfortable one from the aisle seating plus plenty of room to stretch out. First class108 words
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Page 5 Miscellaneous
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Miscellaneous44 1985-06-10 5 Doonesbury ca*APe*ijusr mUTBPWTELL WHOUmFAL. THANK VOU, J ANPGMC&VLI COHRAPB. I FOJNPYOURPOS& I zany. 1 m w IJ ft LOTOFVESWRN KM&UKS'FIASHDANCZ' WSPKHGBf&f, SO 7HATS HOVWaUHM TOPUTKf m i ss 2Ti BY GARRY TRUDEAU i 0 r/VJ IP figl WteSORTOF AUNZ6OPoe&, At&rnou. GOMKAPZ* OIH&S. t 144 words
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WORLD BACKGROUND
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Article, Illustration498 1985-06-10 6 AP ABNORMALLY large military budgets, overseas trips by officials and getting "ghost" workers off the public payroll are gome of the things the International Monetary Fund questions governments about, an IMF official has disclosed in a rare public look at itsAP - 498 words
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672 1985-06-10 6 Reuter WHEN SPAIN concluded negotiations last March on entry terms into the European Community, critics said it was the Market that was get--(ting into Spain. k. They were not far off the tiioark. The death of dictator Fran- oiscoReuter - 672 words
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308 1985-06-10 6 AP THE PRO-CAPITALIST government in Chile, hoping to show that well-administered free enterprise is better than socialism, is on an energetic campaign to get citizens to defend their rights as consumers. Chileans are being urged to take consumer claims to courts, which inAP - 308 words
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572 1985-06-10 6 AP OKINAWA'S economy has come a long way in the 40 years since World War n devastated this tropical Island in the southern Japan archipelago, wiping out about one-fourth of the civilian population. But it still faces many problems. While theAP - 572 words
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Page 6 Advertisements
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Advertisement254 1985-06-10 6 55«2& G ce~ W h c ™,co<<*"~ h ,4> i°«*° H YOUR INVESTMENT WORKS BEST IN SRI LANKA If you are the enterprising in- vestor, Sri Lanka has every incentive you have in mind. You are welcome, whether to start a new venture or to expand an existing one all254 words
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Advertisement156 1985-06-10 6 mi K 1 -mm -v. I y •cr ST, HTV *40* lehi| w*-**sSl 4fc\ The Top The Genting Convention Special Package from 2nd Jan to 30th Nov 1985 for 20 to 200 persons For only *MSl99'S$lB2 per person. heies what you gel Sharetwir accommodation at the luxurious Gendng Hotel Meefang156 words
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BANKING AND FINANCE
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284 1985-06-10 7 Reuter AMERICAN monetary authorities sold $580.2 million in exchange for marks, sterling and yen in February and March to counter disorderly markets in coordinated operations with other central banks. The Federal Reserve Bank of New York said on six occasions during this period,Reuter - 284 words
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90 1985-06-10 7 Reuter THE TAIWANESE government has asked Wang Jung-ching, of a major industrial group, Formosa Plastics, to buy one of the Cathay group's two financially-troubled banks, according to a Finance Ministry spokesman. However, Mr Wang said he rejected the offer to buy Cathay Investment andReuter - 90 words
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116 1985-06-10 7 Reuter INDONESIA does not plan any major bank borrowings for the remainder of this year, although the state-owned oil company Pertamina may need some financing. Indonesian Finance Minister Radius Prawiro said recent borrowings, including a 10-year US$4OO million credit signed two week ago, would meetReuter - 116 words
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477 1985-06-10 7 ALVIN TAY - By ALVIN TAY THE GREATEST worries of most chief executive officers from more than 2,000 big US banks were asset and liability management as well as loan losses and risk exposure. This is one of the many findings of a national survey on477 words
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355 1985-06-10 7 Cut in discount rate unlikely Kaufman Reuter SALOMON Brothers Inc chief economist Henry Kaufman says there is leas chance of the Federal Reserve Board cutting the 7.5 per cent discount rate now that a sizeable increase In May employment figures has been reported. "Based on (the employment figures), I wouldReuter - 355 words
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128 1985-06-10 7 Bernama MALAYSIA hat conrtarlfd a 1M billion yen loan agreement with the Export Import (Exim) Bank of Japan and a cmaiUum otlfl other Japanese hank» to finance phase two of Fort Kelsag Fewer sl&uod project. The agreement was signed In Tokyo by MalaysianBernama - 128 words
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MONEY AND EXCHANGES
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268 1985-06-10 7 Green Collier THE US dollar closed near the top of last week's range of 3.04 3.09 D-mark. For the past two weeks, the US unit continued its resilience in the face of much bearish news. Any depressive pressure on the dollar might now beGreen & Collier - 268 words
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Article202 1985-06-10 7 Asian market ASIAN currency average deposit rates for the week ended June 7 MD PRICES High Low us 7 day* 7 5/8 7 5/8 1 month 7 9/16 7 1/2 2 month* 7 9/16 7 1/2 3 month* 7 9/16 7 1/2 6 month* 7 15/16 7 13/16 9 month*202 words
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Article39 1985-06-10 7 Th« range of cofl rates for the week ended Friday, June 7: Sank fund 5.2—5.35 General fund 5.125—5.35 $m Movtirmnts of funds 1,799 Source: Short Deposits (M) Bhd Thm UBS and OCBC foreign «xchang* reports wire unavailable.39 words
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Article224 1985-06-10 7 International Discount Co Ltd MOVEMENTS in the overnight interbank market were relatively erratic last week. The overnight rates which opened at 4V« 4% per cent after the long weekend moved to a high of 6V4 6 on Thursday. It closed easy again on Friday at 4 3V«.International Discount Co Ltd - 224 words
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Article, Illustration536 1985-06-10 7 UNGATES «M mnp af Mm prfcw Im*C ratM «f 12 b«*i m StacuMrt PLR of bonks ot the close of business on Friday, Juno 7, os supplied bv the Association of Bonks in Singapore. BANK PLR Aigemene Bank 8Vi American Express 9Vi Am "Dam R'terdam Bank 8V4536 words
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Page 7 Advertisements
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Advertisement113 1985-06-10 7 Printers meet at ASIAPRINT '85. ASIAPRINT JUNE 20 23 WORLD TRADE CENTRE SINGAPORE South Asia's 4th International Exhibition of Printing, Graphic Arts Equipment Supplies Time: 12 8 pm (20 22 June) 10 am 6 pm (23 June) For invitation, contact Sponsor ©INTERFAMA PTE LTD Tel *****12 Telex R*****0 INFAMA Master113 words
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FEATURES
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Article, Illustration1542 1985-06-10 8 BRIAN GOMEZ - Growth generated by top-line borrowers which need cheap source of medium-term funds By BRIAN GOMEZ SINGAPORE's banking sector has been a high flyer in terms of its contribution to the economy over several years. Activity is now slowing down, as evidenced by the 3.8 per1,542 words
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Article105 1985-06-10 8 Yap Bah Tssag - Letter to the Editor Yap Bah Tssag F?Df>partmeat! Dear Mr, We refer to the report in your newspaper (dated June 8) concerning Overseas Trust Bank (OTB) in Hongkong and to the United Overseas Bank (UOB) Group's shareholding in OTB. We would like to clarify that the105 words
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Article192 1985-06-10 8 THE mechanics of a RUF (there are some variations). For example, a borrower, raising US$lOO million. UNDBRWBIfING: Invariably a panel of banks i.e. STMRi. usually involves Singapore's Big Four in addition to other banks. The underwriters guarantee the total loan within a cap rate, which192 words
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Article489 1985-06-10 8 Reuter DUTCH natural gas exports, a vital source of revenue (or the Amsterdam government, face stiff competition from rival producers vying for a market where supply appears likely to outpace demand. Last year, gas sales earned 30.4 billion guilders, almost half of which cameReuter - 489 words
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Page 8 Advertisements
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Advertisement669 1985-06-10 8 AIMS To help you the MANAGER, the CONSULTANT, the STAFF SPECIALIST to achieve maximum team collaboration To revitalise the mature but staid team i SCOPE Winning team building program Team leadership skills Re-energising plateaued teams Evaluating team efforts Gaining commitment Detrimental power struggles Overcoming barriers, resistance, apathy Creative confrontation to669 words
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Advertisement124 1985-06-10 8 HERE'S HOW TO GET A COMPLETE OFFICE FOR THE PRICE OF A ROOM By complete office, we mean a prestigious address, an impressive reception area, conference room, receptionist/switchboard operator and access to modern office equipment such as word-processor, telex, facsimile, photocopying, etc. It's a modem office concept in office leasing124 words
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Page 8 Miscellaneous
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Miscellaneous633 1985-06-10 8 CRYPTIC PUZZLE ACROSS I Room to kwp things apart (5) 6 Begal borner? (5) 9 Fish with a haddock's hood, the rest buit differently (7) 10 Four-lagged toost-maker (5) 11 A ruddy we»-known swwrv mer! (5) 12 Be a student of sterling merit? (5) 13 Thrower of bai or jug633 words
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THE ARTS
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745 1985-06-10 9 MARIE DAVID - By MARIE DAVID IN 1977, the committee on the future of broadcasting, chaired by Lord Annan, submitted its report to the British Parliament. The study cost the British government about £300,000. Although the report may appear to be somewhat out of date, it745 words
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485 1985-06-10 9 JAIME LYE - By JAIME LYE THE LONG-HELD suspicion became truth the moment they started playing Beach Boys' surfing music while James Bond skied (or his life down some frosted mountain slope Her Majesty's favourite secret agent has finally gone to the485 words
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Article, Illustration781 1985-06-10 9 Edwin Mcdowell - By Edwin Mcdowell NYT FOR MORE than a century, the hard-cover book has been the mainstay of US book publishing, unchallenged in its prestige and durability. It is still the choice of collectors and libraries, and established authors still want to be published first in thatNYT - 781 words
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SPORTS
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Article549 1985-06-10 9 BRIAN MILLER - By BRIAN MILLER WITH a tremendous burst of speed that left the others stranded in theirtracks, Jockey Tan Kah Wan brought M—til home to win the 19» A gong's Gold Cup in blistering fashion yesterday. How he did it, nobody knows. And until now, I'm sure there549 words
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Article538 1985-06-10 9 WALTON MORAIS - By WALTON MORAIS FORMER international Daniel Lim, confirming his prime form, fired an even-par 72 to win the Jurong Open charity golf competition yesterday. The four-handicapper picked up two birdies while dropping two strokes to clinch the Overall Best Gross title by three strokes from538 words
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Article339 1985-06-10 9 Reuter CHRIS Evert-Lloyd blocked out emotion to achieve one of the most vivid wins of her life in the French Open tennis championships on Saturday. While the excitement of her duel with Martina Navratilova mounted on the centre court, the trim American summoned herReuter - 339 words
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Page 9 Miscellaneous
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Miscellaneous1109 1985-06-10 9 TO QQH) aaDQQ 2.30 SBC Text "Live" Sample Pafes 3.00 Openinf aid Proframme HfMfhti fallowed by Princess Chanf Ptaf (Mandarin/r/Enfftsh subtitles) 3.50 Musical Interlude Excerpts from Evenbif at Paps: Featuring Georfe Ben--4.00 The On Campbal Musk Showftofer Mar sings Kinc at tha Read and Dane Ma. 425 Tbne to Draw1,109 words
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INTERNATIONAL STOCKS
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289 1985-06-10 10 AP CHINA and Italy's Flat group have signed a US$9O-million agreement under which the Chinese will build Fiat tractors at plants in Shanghai and the central city of Luoyang. The factories are expected to start production in 1987, using Chinese-built engines and Fiat-suppliedAP - 289 words
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196 1985-06-10 10 AP THE ROYAL Dutch-Shell group of companies has said that by the close of business last Friday, Shell Oil Co would become a wholly-owned subsidiary, completing a US$5.7-biUion acquisition bid that began nearly IV* years ago. A certificate of merger was filed last Friday withAP - 196 words
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311 1985-06-10 10 Reuter A SAGGING bond market helped pull stocks lower last Friday, ending a string of re-cord-setting advances. Analysts said a report that non-farm payroll employment increased by 345,000 last month upeet the bond market, which has been surging on news of a weaker economy.Reuter - 311 words
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Article166 1985-06-10 10 JUM 07 a 19 33* 22* 17* knp Ol fctco In* Pro* Plpo 49* 19* 41* •1* Afcqn AcvMn HMfi M Ut* Kmt Add 20* B 17* Bark Mont BQTR 30 13* %d. LaM—> B MTSSMT.iz 20 2* 22* undi inch hi C®®do V Can Ltd... NH 44% 32*166 words
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Article268 1985-06-10 10 JUM 07 tad 530 1600 -5 inch MOUSTItALS Ml MMGS A Afcha no niiidm 2910 unch Abtrcsm A£ And a 150 775 -To inch 1 EEr_zzi OMt ***** 1320 unch -30 AMC 450 2900 inch inch 7500 460 -100 ft Bill III 1240 unch Car* Gold ***** C 6268 words
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Article556 1985-06-10 10 14* 1* i4* a ►7* II* i7* 3* a 16* k5* 1 3* 6* 9* 16* ft* 0 ♦A •1* wdi •1* 9* undi Avon Producti 9* Bonkamtrtca Cp M A Hn 19* M i j S* inch -1* lonkn knc M •1* Borg-Wamer BMNI tanmcfc Cp Q*556 words
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Article648 1985-06-10 10 Mmsieraam MM 97 Pfc Am 457 30 +2 Amm 19(00 3 u.y Mj* 111.30 41.3 AMCV 251 00 +13 /MM Am* Bank tl.30 +0.7 •M 36.30 -2 ■ah 9SJ0 -1 Bmm| 313 00 3 Ta* MOO fl CflM 3K.00 +05 478 00 +1 Dal Mi ***** +0.5 Chaidw648 words
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Article64 1985-06-10 10 Reuter THAI LNG 00 has signed a Joint venture agreement with Nippon Thailand LNG Co of Japan to launch a project Mr prnrturtng aad exporting liquefied natural gas (LNG) from the Gulf M Thailand. Thai LNG chairman Paaas SbnasatMen said the Thai LNG international Go phnmH to exportReuter - 64 words
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Page 10 Advertisements
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Advertisement413 1985-06-10 10 Wtere to wim, «4ia« Mid esteriala M K »«=£> c^^dwin&difceiiiinqtasle.--From pasta comes a tantalising variety of Italian specialities like macaroni, lasagne, spaghetti, fettuccine... With an excellent choice of wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement Royal Singapore LoS >mptuaix bulk the new lunch nji413 words
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Advertisement111 1985-06-10 10 i Ffcng L6u Teochew v RMUnrut for the best Teochew delicacies in town. > Discover our famous dian-xin, k delicious steam-boat Teochew porridge and other mouth-watering L delights prepared by Hong Kong chefs. And feel like royalty while W you dine in Oriental splendour. Open daily from: 11.00 am 3.00111 words
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INTERNATIONAL COMPANY NEWS
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295 1985-06-10 11 Reuter UNITED Press International is considering legal action against some of the companies which bought parts of UPI before it filed for bankruptcy court protection in April. UPI lawyer Richard Levine did not specify which companies he thought might haveReuter - 295 words
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Article, Illustration620 1985-06-10 11 Transaction valued at USs7som Reuter TRANS WORLD AIRLINES INC, which has been attempting to free itself from the grip of financier Carl Icahn, is weighing a buyout offer presented by Resorts International Inc to buy the company in a transaction valued at about US$75O million. WallReuter - 620 words
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259 1985-06-10 11 Reuter REUTERS Holdings PLC is in preliminary discussions with Instinct Corporation regarding the acquisition of approximately 20 per cent of Instinet's common stock at US$25 per share. The proposal includes the right to acquire up to another 31 per cent at $32 perReuter - 259 words
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Article422 1985-06-10 11 FT SIXTY OF Japan's largest companies have pledged to increase imports in the current year by US$5 billion, a 5.5-per-cent boost over last year, in order to help ease the mounting trade friction between Japan and the West. The pledges, announced by Japan's Ministry ofFT - 422 words
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Article240 1985-06-10 11 Reuter MARRIOTT CORP hss said it is involved in dianisstons to buy Hownrd Johnson Co from Imperial Group PLC, England, but no development la seen imminent Marriott spokesman Robert Bouers said: "It's no secret that we are one of a number of companies that haveReuter - 240 words
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Page 11 Advertisements
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Advertisement633 1985-06-10 11 FOR FURTHER INFORMATION CALL %so va3 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++ per person. The Luna Coffee House, Apollo Singapore.633 words
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Advertisement137 1985-06-10 11 Executive Set lunch Daily ***** WUKNVttILL Menuoflhe i unnlf Wvvn 3-course lunch prepared In the finest Continental style. Each meal includes s hearty soup and a delicious dessert. Mon Grilled Lamb Chops Tues Chicken Fricassse Wad Mixed GriH Phoenix Style Thur Toumedos Rossini Fri Seafood Valenciana Sat Beef Burger Smitane137 words
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RAW MATERIALS
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521 1985-06-10 12 MICHAEL NEILL - By MICHAEL NEILL DECENTRALISATION is still the order of the day as far as China's international hard commodity trading is concerned. This policy, relaunched last year, continues in spite of the recent news from Beijing that the bold experiment, particularly its extension to the urban521 words
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676 1985-06-10 12 AFP STERLING'S flnrtnating fortunes on the foreign exchange again led to nervous conditions on the commodity markets last week. The pound quickly rose to its best level for 14 months against the major currencies, helped by the relatively high level of British interest rates andAFP - 676 words
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314 1985-06-10 12 Reuter AMERICAN Agriculture Secretary John Block said the US would go ahead with more subsidised farm exports to counter increased European Economic Community sales on world markets. "If that is what has to be done, then let it be so," he toldReuter - 314 words
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124 1985-06-10 12 Reuter THIEVES who steal sections of railway track could hit sugar production in the Central Philippines, milling nfflrtak have said. Sugar company manager Gregorio Saguisin said that thieves had made off with railway lines, switching gear, sleepers, and nuts and bolts. He put losses duringReuter - 124 words
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459 1985-06-10 12 AP A HIGH-PROTEIN grain cultivated for centuries by Inca tribes in the Andes could help solve hunger problems in the Third World, according to a US group that is marketing it. A recent study by Texas A 4 M University in the US, saidAP - 459 words
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Article118 1985-06-10 12 AFP EXPORTS of Indian garments during the first four months of this year showed a rise of 28 per cent in value over the same period last year. The US accounted for exports worth US$l46 million out of a total of $400 million. This was 13.42AFP - 118 words
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Article218 1985-06-10 12 WHEAT FUTURES on the Chicago Board of Trade closed fractionally lower in most months last Friday, with only thinly traded distant July Wwtolring Vi US cent a bushel higher. Nearby July ended near the middle of a 3Vi-cent range. Trading activity slowed from the pace seen earlier in the218 words
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Article216 1985-06-10 12 SOYBEAN futures on the Chicago Board of Trade rose 6 Vt to 10 US cents a bushel at mid-session last Friday. New crop March was at the top of a sevencent range. Futures extended Thursday's rally on trade concerns about dry weather forecast for mid-western soy growing regions. Rains216 words
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Article987 1985-06-10 12 COFFEE Robusta futures surged to the highest levels for four weeks last Friday afternoon, reflecting Brazilian weather concerns and a limit-up New York market. However, closing gains of £68 to £33 a tonne were below the highs, as most short-covering was done immediately after the midday recess when987 words
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Article25 1985-06-10 12 1 KL TIN j. D*®* %=s t June 3 29.27 617 June 4 29.26 330 Jun« 5 do—d Jur»6 29.25 245 Jun« 6 29.29 17125 words
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Article126 1985-06-10 12 Chhaaa RobuMa 20/25* vnirwee rrvuuce fob nsw ***** Exchonoo (Mm' mm dMta« phcm m NutflMO JMM 8. SS/'OO kf). 110 FOB NSW 413.00 CuCOWMt oil EliW FOB NSW 272-00 BuBtFOB 117.00 GoWlbiBf Old drum FOB 130 00 FOB NSW 330.00 Ni« drum FOB 134.00 r r London Commodity126 words
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Article178 1985-06-10 12 AGAIN the buffer stock manager was the cetre of tag nearby prices to harden two cents, although forward months dropped on balance, Holiday, Cutler, Bath A Co said faa its weekly rubber report. With different market holidays In and Kuala Lumpur, conditions were quiet, but turnover was fair, as178 words
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214 1985-06-10 12 THE SINGAPORE produce market went through #k lacklustre session last Activity on the palm oil market was quiet and volume was low. Pricm eased because there was little buying from major purchasing countries. A trader said that currently, there was a tussle between palm oil214 words
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Page 12 Advertisements
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Advertisement243 1985-06-10 12 MAJOR EQUIPMENT VALUED IN EXCESS OF$ 1 MILLION IN THE REPUBLIC OF SINGAPORE DAY 1 Wed. 12th June '85 at 3 Wan Shih Road, Jurong DAY 2 Thur. 13th June '86 at 69/73 Jin. Benaan Kapel, Kaltang (Messrs Weng Chan Engr. Re. Ltd in voluntary liquidation) TIME: 10.30 am sharp243 words
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MARKET REVIEWS
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Article, Illustration5276 1985-06-10 13 AMY CHEOK - it By AMY CHEOK THE SINGAPORE stock market's performance last week was a typical case of bad news overwhelming good news. And the bad news was the collapse of one of Hongkong's largest banks, Overseas Trust Bank. The good news was the record-break-ing rise on Wall5,276 words
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351 1985-06-10 13 r Vf Australia M Reuter ACTIVITY on Australian share markets last week was dominated by Tuesday's release of the federal government's White Paper on tax reform, which caused share prices to tumble. Adverse reaction to proposals contained in the paper saw theReuter - 351 words
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Article677 1985-06-10 13 JUUANA TAY - Week ended June 7 compiled by JUUANA TAY SCRIP ISSUES Metol Box Spore: Proposed bonus issue of one-for-four CORPORATE DEVELOPMENTS Acme Electricol Industrie» Ltd has reactivated a dormant Hongkong sifcsidiary called Acmo Overseas (HK) Ltd. Mr Martharlal B Gotham purchased 1.9 million shares in Ambassodor677 words
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Article1460 1985-06-10 14 GERALD COLVERD - 1 frmii London I l A By GERALD COLVERD THE EE-WIRING of the London Stock Exchange can now proceed following members' approval of 100 per cent outside ownership of market firms. Just who will eventually plug into what and where remains as fascinating a destiny as the ultimate1,460 words
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Article60 1985-06-10 14 Company RIGHTS ISSUE Landmarks H One-for-four $100 per share Ex-date: Jun 4 Book close: Jun 14 O U B One-for-five $2.50 per share Ex-date: May 3) Book close: Jun 8 Van Der Horst One-for-one fc $100 per share Ex-date: Jun 6 Book dose: Jun 13 Company BONUS ISSUE60 words
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Article106 1985-06-10 14 Company RIGHTS ISSUE Doh Yung One-for-one $1.00 per share (Bonus entitled to rights) George Town Two-for-one 6 $1.00 per shore KUIinghaN' Two-for-five SI .15 per share Peak Hoa Three-for-two SI.50 per share Sub-division of SI par into 2 shares of 50 cents each Sateras Res One-for-two $125 per106 words
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Article362 1985-06-10 14 UBS DURING the past week, the Swiss stock market performed well. Amid active trading, a boom was sparked off in all sectors except the banking and insurance sector. Hefty price increases were registered in several stocks. Investors shifted towards secondary stocks at the expense of blue chips.UBS - 362 words
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575 1985-06-10 14 Iplj Tokyo AFP TOKYO STOCKS, which eased at the beginning of the week on an anticipated decline of Japan's exports, rebounded with buying interest centring on issues connected with domestic demand. Overall, the undertone remained robust, underpinned mainly by news of a loweringAFP - 575 words
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Article753 1985-06-10 14 1 MM K.Lumpur Ĕ A THE KUALA LUMPUR stock market, which had been on a gradual downtrend all week, accelerated its fall on Friday as news of the collapse of Hongkong's Overseas Trust Bank (OTB) hit the market. Although there was no panic753 words
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311 1985-06-10 14 r L Hongkong M I- 1 SHK Research THE HONGKONG stock market opened the week on a firmer note due to shrinking selling pressure and the announcement that Sunshine Australia would take over listed company Well Fung Properties A InvestmentSHK Research - 311 words
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140 1985-06-10 14 Bernama THE BUMIPUTRA Stock Exchange (BSE) has decided to open its doors to non-bumiputra investors to buy and sell shares traded on the exchange, its general manager Syed Labib Syed Abu Bakars said. Non-bumiputra participation will be made possible by allowing bumiputra-controlled companies thoseBernama - 140 words
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846 1985-06-10 14 m 1 W\ i ew Y° r k 1 AP FT IN THE PARADOXICAL style for which it is famous, the New York stock market has been hitting record highs lately as talk has spread on Wall Street of a US businessAP; FT - 846 words
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Page 14 Advertisements
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Advertisement53 1985-06-10 14 ■H Mr -t A masterpiece of elegance and precision. Ultra-slim. Two independent gas reserves. Finished in Chinese lacquer Hand-crafted in Switzerland by G CA RAN cf ACHE GIVtVt JUKM& Cmwn a Act* qhf* arm rttund agonal m*r jntJ OS! oMf whun purcn—H n Smgmn and UMrM Sote Agent L lIBUMMANN53 words
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Advertisement64 1985-06-10 14 The Sanwa Bank Limited (SINGAPORE BRANCH) U. 5.550,000.000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE DECEMBER 12, 1989 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from June 10,1985 to December 10.1985 the Certificates will carry a rate of64 words
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COMPANY NEWS
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Article, Illustration368 1985-06-10 15 Bernama UNITED MOTORWORKS Holding Bhd's ambitious foray into the aerospace industry through one-third-owned Aerospace Industries of Malaysia Bhd (AIM) is progressing well on schedule, group managing director Shiew Wan Shing has said. AIM is a tie-up between UMW, Malaysian Airline System (MAS)Bernama - 368 words
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327 1985-06-10 15 NEW SERENDAH Rubber Company Bhd is its hopes on palm oil to give it another satisfactory result in the current year. Chairman Claude Rupert Brown in his latest annual statement says the crop has been a strong performer, particularly in the327 words
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649 1985-06-10 15 CHAN OI CHEE - By CHAN OI CHEE AMBASSADOR Hotel Ltd Is all set to chart a new direction with the latest entry of Malaysian businessman Mr Manharlal Gathani into the company. It is learnt that Mr Gathani, who is little known except that he has649 words
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719 1985-06-10 15 NAJEEB JARHOM - ■y NAJEEB JARHOM THREE listed members of the Malaysia Mining Corp stable whose tin dredges in Perak are only working part-time, continue to face Ueak prospects as tin export control is expected to be in force for several more years. But the common719 words
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467 1985-06-10 15 FOREIGN banks in Malaysia are experiencing delays in getting state government approval to use commercial and residential land as collateral (or loans to customers in spite of an assurance by the Land and Development Ministry in April that approvals could be467 words
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Article269 1985-06-10 15 SHAREHOLDERS of Dak Yang Investment have approved the company's proponed bonus and rights issues. THE FOREIGN Investment Committee has approved Faber Merlin Malaysia BM'i purchase of shares in the New Straits Times Press (M) Bkd. AMBASSADOR Hotel Lid's transfer books and register of members will be closed from269 words
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127 1985-06-10 15 THE investment arm of Sealion Hotels Ltd will pave the way (or the acquisition of existing enterprises that offer attractive returns. This will be the aim set for Sealion Investments Pte Ltd, which reported a substantial gain on investments of $420,000 on a paid-up capital127 words
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Page 15 Advertisements
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Advertisement149 1985-06-10 15 close to nature? c Tan Chong Tower Service Apartments Available for 1 month and above Within CBD Fully furnished inclusive of kitchenware Telex and IDD telephone Housekeeping and laundry sen/ice available Covered car park 24-hour security Rates: Studio $1,300 per month 1-bedroom $1,600 per month 2-bedroom $2300 per month Also149 words
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Advertisement312 1985-06-10 15 I m mm m m m m m i ENROLL NOW! and Receive The Most Extensive Set of Books on Negotiating Geratd I Nieienberg's Four Books and Negotiation Maruiai. I>F<JND.VW.NTMS Of N fc«jOTIA lINO JiHOWTOGM ANt) *TU "v-F M,vK.F HOW TO kEAf) a PERSON l.lKt A BOOK 5- THE 20l»312 words
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Article, Illustration528 1985-06-10 16 Consequences of debt downgrading averted Reuter NYT ARGENTINA has clinched agreements with the International Monetary Fund (IMF) and its creditor banks, averting a downgrading of the country's debt and clearing the way for the settlement of interest arrears before a crucial deadline today. An EconomyReuter; NYT - 528 words
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145 1985-06-10 16 THE OVERSEAS Union Bankwill lower its prime lending rate by one-quarter percentage point to 8 per cent from tomorrow. The new rate is equal to that of DBS Bank. It is, however, one-quarter point higher than the 7.75 per cent quoted145 words
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Article, Illustration109 1985-06-10 16 ITS A BIRD, Superman, no, it's the Parte Air Show. Indian Prima Miniatar Rajiv Gandhi (lafft) and his French counterpart, Laurent Fabiue, were entranced by en aerial display during a visit to the show on Saturday. The air show was the. highlight off Mr Gandhi's109 words
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388 1985-06-10 16 AFP BAR WAITERS are six or seven times more likely to die from cancer than the rest of the population, according to one of the most ambitious studies ever undertaken anywhere into cancer-Job links. It was launched in 1977 by Dr GeoffreyHowe, aAFP - 388 words
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195 1985-06-10 16 AP SWISS CITIZENS yesterday voted on a controversial "right-to-life" initiative that would drastically limit abortions and ban some contraceptives. The proposed constitutional amendment, authored by a group of mainly Roman Catholic and conservatives, sparked weeks of heated debate, with major church groups splitAP - 195 words
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233 1985-06-10 16 Reuter CHINESE authorities, (earing that the recent rise in living standards is having undesirable social and political side-effects, have issued a blunt warning to the people that "materialism is intolerable". In a front page editorial, the People's Daily commented: "In some places people are saying:Reuter - 233 words
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340 1985-06-10 16 Bernama THE WORLD'S timesharing, or vacation-exchange, industry recorded sales of about US$2 billion last year alone, said the vice-president of the US-based Resort Condominium International (RCI), Mr Larry Gildersleeve. Of this US$2 billion, the Japanese timesharing industry accounted for US$l35 million. Mr Gildersleeve,Bernama - 340 words
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Article83 1985-06-10 16 THE NATIONAL Productivity Board has Invited the public to design a logo which projects its new emphasis. A cash prize erf $2,500 will be awarded to the winner. The NPB said its existing logo was gazetted when the NPB Act came into effect in83 words
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Article31 1985-06-10 16 Reuter THE SOUTH Lebanon Army holding 21 Finnish UN troops hostage in South Lebanon has also s French UN colonel hostage. He was negotiating for the men's release.Reuter - 31 words
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282 1985-06-10 16 Reuter HONGKONG Industrial and Commercial Bank, a retail haniring affiliate of the insolvent Overseas Trust Bank (OTB), should be treated separately, the Hongkong government said. A government spokesman said over the weekend: "Hongkong Industrial and Commercial Rank is a separate bank with anReuter - 282 words
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174 1985-06-10 16 UPI JAPAN spent a record 0.35 per cent of its gross national product (GNP) for aid to developing countries in 1984, making it the free world's second largest donor country after the US, the government reported. i The report released onUPI - 174 words
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237 1985-06-10 16 Reuter FISTS and bottles Oew during pitched battles between militant and moderate Sikhs at the Golden Temple in Amritsar yesterday during a meeting testing the strength of the rival factions. Ten people were injured in the fighting and paramilitary forces with machine guns movedReuter - 237 words
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LATE FILE
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Article49 1985-06-10 16 AFP AN AUSTRALIAN-Indone-sian Joint gold mining venture is expected to start production in November and will roughly double Indonesia's home-refined gold output. Antara news agency said the Lusang Mining Company planned to extract 500 to 600 kg of pure gold in the first two years. AFPAFP - 49 words
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43 1985-06-10 16 AFP CHINA has ordered 1,000 Mercedes BO and 80 E cars for senior officials. Tike medalist West German magazine Auto Motor Uad Sjpirt said yesterday the vehicles would be assembled in China's biggest car plant at Changchun AFPAFP - 43 words
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Article37 1985-06-10 16 Reuter INDIAN troops were «teed into Baroda yesterday after one man was stabbed to death and three wounded In clashes over a policy reserving quotas of Jobs for underprivileged groups. Router 4Reuter - 37 words
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Article64 1985-06-10 16 Reuter RESCUE TEAMS battled yesterday in soutn Annsa to reach a gold miner nisring after a rockfall in the world's deepest ah» killed eight of his coneagtwa, mining company Anglo American Corporation said. A spokesman said 80-strong teams were digging through rock to reach theReuter - 64 words
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Article49 1985-06-10 16 Reuter SUDANESE leader Qeneral Abdul-Rahman Swareddahab was quoted as saying that elections would be held next April 26. "AQ arrangements for the elections have been made.. the Legislative Assembly will write the Constitution and form parliament," he told the EnglishLanguage SMudJ Gizette newspaper. RanterReuter - 49 words
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63 1985-06-10 16 Reuter SOVIET forces have driven away most guerillas from Ihe Barfkot area after breaking through an U-month rebel siege of the border garrison in eastern Afghanistan. Rebel sources told yesterday that fighting had tapered off since several Soviet tanks and armoured vehicles arrived at theReuter - 63 words
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Article34 1985-06-10 16 AFP THE WAR in Lebanon cost Israel a total of USSLS billion over three years, Israeli Economy Minister Gad Yaacobi said yesterday in the northern Israeli town of Shlomith. AFPAFP - 34 words
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Page 16 Advertisements
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Advertisement149 1985-06-10 16 ULAN CoartMMl Exeluftve Luwlms Apartments specially derigaetf for yen... 4 .sr* Ideally located at f jtfft .T' Meyer Place/Katong m U Barbeque pit Beautiful landscaped garden Children's playground Spacious Carpark Closed circuit TV security system For Enquiries A Bookings ANG BOCK CHWEE if SONS (PTE) LTD 14, Jalan Besut Jurong,149 words
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Advertisement10 1985-06-10 16 Four »oldifi g m tj O A ITMO, riflt 410 words
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Advertisement301 1985-06-10 16 International Data Corporation Systems Education Centre (1083) Pte Ltd jointly present 1985 INFORMATION INDUSTRY BRIEFING Friday, 21 June 1985 9.00 am to 5.00 pm Shangri-La Hotel Jurong Room, Singapore The information industry the world over is an extremely dynamic one. Professionals need to constantly keep abreast of new developments and301 words
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Page 16 Miscellaneous
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Miscellaneous23 1985-06-10 16 Xa# .lA^ ivf TOOOJf. UOUOy WfTn Report for 24 hours prior to kptftMMUnmtbl Romfoll in millimotros Roinfoil this month Roiny days this month23 words
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SHIPPING TIMES
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Article225 1985-06-10 17 Reuter SHIPPING operators from East Asia, the United States and Western Europe have signed a basic agreement to join the Asia-North America Eastbound Rate Agreement, Tokyo shipping industry sources said. A total of 20 operators signed the agreement in Hongkong and only the Korean Shipping CorpReuter - 225 words
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Article135 1985-06-10 17 Reuter EGYPT'S 1985 earnings from tolls paid by ships using the Suez Canal are expected to fall by US$5O million from last year's $950 million, Canal Authority chairman Ezzat Adel was quoted as saying. In an interview published by the semi-official newspaper-Al-Ahram, Adĕl blamed the declineReuter - 135 words
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Article415 1985-06-10 17 G DURAIRAJ - By G DURAIRAJ THE MALAYSIAN International Shipping Corporation will soon inaugurate a parcel service for several bulk commodities in an attempt to fulfill its obligation to local shippers. The national line is in the midst of working out suitable arrangements by meeting various groups of415 words
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PORT SIDES
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Article104 1985-06-10 17 Reuter HEAVY FINANCIAL losses by most of India's state and private shipping companies have forced the government to restrict expansion of the merchant fleet to 8.5 million gross registered tons (GRT) by 1990 from the present 7.5 million, Indian shipping industry sources said. The government hasReuter - 104 words
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Article114 1985-06-10 17 UPI A SHIP THAT sank 2,300 years ago ship with most of its cargo intact has been found in the central Aegean Sea, the Greek antiquities department said. The ship, lying under 30 metre of water off the Greek island of Serifos, was carrying aUPI - 114 words
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Article133 1985-06-10 17 AFP A CHINESE-OWNED shipping company in Hongkong has acquired 25 per cent of the Far East Bank's equity for about HK$9O million, the Hongkong and Shanghai Banking Corporation said. China Merchant Steam Navigation Co Ltd (CMSN) bought the shares recently through an associate from the HongkongAFP - 133 words
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Article565 1985-06-10 18 THE DEMOLITION sector of the London ship sale and purchase market remained fairly active last week. Though breakers from the leading demolition nations were almost absent from the scene, the market was kept buzzing by buying interests from the Indian sub-continent. Brokers reported that the 6,023-light ton, 1960-built,565 words
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182 1985-06-10 18 Kingsley Wood - By Kingsley Wood BHP Petroleum has reached an agreement with its joint venture partners and the Federal government for the As6o million development of the Jabiru oilfield in the Timor Sea by July next year. Jabiru will produce at a rate182 words
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596 1985-06-10 18 Fairplay APPLE JUICE HAS become one of the most popular drinks in the US and has widespread use in the food industry. Demand for the concentrate has shown noticeable growth after the failure of Florida citrus crops from frost. Heavy marketing throughout the nationFairplay - 596 words
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Article110 1985-06-10 18 Reuter THE BRITISH car ferry Norland, a veteran of the Faiklands war, was involved in a collision with a West German freighter on Saturday and its owners later reported that it had returned crippled to Rotterdam. The 12,968-ton Norland was towed back by three tugs and itsReuter - 110 words
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Article832 1985-06-10 18 A Top Ent X 1 AB Shpg V 5 Aleo Line VI 3 Ahrcnkwt Lewr X 1 AC Topeler X 5 APC Lin. V 4 API 2/3 Ant oh Orwnt X 3 Arrow lines X 4 A Hot I X 2 AN. 1 1 ASCI 1 Bolt832 words
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Article1700 1985-06-10 18 APART from a spate of ore chartering, the London shipping freights market laboured through a day of lackluster activity on Thursday. Rohstoffhandel figured prominently among iron ore charterers, taking June tonnage in South Africa, West Africa and Brazil. Rohstoffhandel paid U554.75 (flo) to the World Truth for a1,700 words
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183 1985-06-10 19 Reuter EXPLORER JACQUES Cousteau, 74, has just sailed halfway across the Atlantic but he is still waiting for a strong wind to test his revolutionary wind-powered boat. Frenchman Cousteau's US$3 million Alcyone is designed to be powered by two 12-metre "wind-stacks—smokestack-like" devices with ventsReuter - 183 words
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322 1985-06-10 19 Lloyd's List THE UNITED STATES has failed in its bid to increase the height of the standard container and will have no opportunity to press the issue again for five years. A meeting in Stockholm of the International Standards Organisation (ISO) rejected theLloyd's List - 322 words
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265 1985-06-10 19 A NUMBER OF companies are interested in investing in the fi-nancially-troubled Thai Maritime Navigation Co. An informed source in the Thai Communications Ministry told the Bangkok Post that several international companies have enquired about the ministry's plan to privatise the state-owned265 words
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Article184 1985-06-10 19 Kingsley Wood - -By« Kingsley Wood THE BIGGEST HULL repair in an Australian yard for more than 10 years has been completed on schedule and within the Asl.s million budget at Newcastle State Dockyard. The work required 140 tonnes of steel to be replaced in the bow of184 words
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Article185 1985-06-10 19 June 5-7 P I, Lloyd's of London Press seminar, The Royal Horseguards Hotel, Whitehall Court, London SW 1. June 7 The hybrid emergency management of multiple risk and hazard in marine transportation, a Greenwich Forum conference, The Royal United Services Institution, Whitehall, London. June 26th Congress of the185 words
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Article187 1985-06-10 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 EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia /Straits187 words
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Article79 1985-06-10 19 AP A LIBERIAN-registered cargo ship which went aground on an outlying island of Hongkong on Saturday was refloated eight hours later, the Hongkong Marine Department said. A spokesman said the 19,526-ton Magic Sky, ran aground while on its way from Hongkong to Shanghai. He said the shipAP - 79 words
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2990 1985-06-10 24 saaspotLß A guide to ships loading at Singapore for porta 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. Advanced2,990 words
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Article737 1985-06-10 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement < Voy date/time Operator cargo schedule Location Benolder 67/439 10.6.85 2130 Ben Line F2 0800-0930 Gl Uni Humanity 004RA 10.6.85 2030 G Asia F2 0800-0930 P3 Louis Ms 8508 10.6.85 2330737 words
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Article1687 1985-06-10 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top Enterprises Pte Ltd Sam* (S) AB Shipping Boustead Shpg Agencies Afeo Lin* African Shpg Agancias (S). Ahroakiol Lmor Kim Shpg (S) Alfred C Toopfor Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK)1,687 words
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Article329 1985-06-10 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Koto Berjoyo Sana St Nogaland Sun Flores B Tonsberg Dorvam No 6 Hugheverett Kris Metela Lady Dona Ned Mania Tropical Moon Vietxo 12 K31 K25W K16 K21 K9/10 K20 K21 K25W K34 K12 K27 K18 P1L SSPL329 words
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Page 17 Advertisements
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Advertisement634 1985-06-10 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead, forewarned will be forearmed $22.00. TIMES' THE BOOKSHOP -mORIENT OVERSEAS Go*Uai*UA. IINE MROBE SMPfME MEMOES (Reg. 242RM/0M) 1 70 Stanton Way #0*43 Harm Hone Siflfaaort 0207 J T«t: *****11634 words
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Advertisement199 1985-06-10 17 mm THE FOUR alternative modes of transporting apple juice: the ship's deep tanks, the traditional drum, the ISO container and the more flexible rubberised tank. Page II THE UNITED STATES has foiled in its bid to increase the height of the standord container. Page 111 Index to odvertisers II Weother199 words
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Advertisement643 1985-06-10 17 Monthly from Pitman Available at all good bookshops and newsagents inTimes H ly Distrihuturs \A MAERSK LINE 'S*tUtn Ck>M| T«e CY 10 la* 1100 MB CfS 1 lane 2300 HPS Voy S" por* EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ft ASIA T Cjnioima USGuj US A' ~-v L643 words
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Page 18 Advertisements
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Advertisement407 1985-06-10 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA n sp kn ii/« iy« inuo 17/1 11/1 2«/ i imam nwr n N/l 2VI 27/1 BBMN 1/7 2/7 4/7 S.UM Pacific South WMt rndir at Tokyo Pacific North Woat Faador at Kobo Atlantic/Canada Faador at Kobo J. «WUO 13/7 U/7 HYUGA 11/7 14/7 17/7407 words
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Advertisement213 1985-06-10 18 Supercarrier Service nn a/7 u/i 11«/» a/7 3V7 NEXT AMVALSIARBER TONSBERG Vi BAMER TEXAS 17/ i TOURCOMG 2t/fi. BARBER PERSEUS 5/7 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA urn 14/1 13/1 23/1 a/i V 7 2/7 1/7 11/7 14/7 11/7 11/7 11/7 U/7 a/7 M/ 7 a/7 a/7213 words
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Page 19 Advertisements
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Advertisement899 1985-06-10 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT rpM pi** n/« i3/c a/4 an n/% a/« •4/7 M/ 7 11/7 11/7 »/7 22/7 21/7 31/7 M/t lt/< U/t lVt U/t 21/1 St*899 words
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Advertisement759 1985-06-10 19 Franco Belyuin Ser vices (Mf Mbt R OF ACf CONSORTIUM' nr T mm. rmmummrm mm mm* m 12 M (M M) 1 M 2 M 4 M M 7M »M MM <17 M) IM IM 11 M UM 14M 1(M MM (24 Mi) IS M IIM MM 21M 21 M759 words
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Page 20 Advertisements
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Advertisement349 1985-06-10 20 Hapag-Lloyd^ 10 CONTINtNI UK EXPORTS On carriafe to $candtaa*ia. Med, Cairiiean tS. America faM haiface to Mand destbiatiem in Europe I TO EUROPE/MED CmatKn aMi Ciwicton Kamkiaat t Ommctmt a Tokyo "Ma nu>f| carfo tor ATUWTC t GULF POUTS m aHn*n» art US MMNEST ky mWt" FROM N CONTINENT &UK349 words
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Advertisement189 1985-06-10 20 m IK. S LINE tout A s»" %<> *r-J* M FULLY CONTAINERISED SERVICE r" 10 tUROtt VIA Slfl "1 MmOfr ot th* *tf Comoilun CMNA COHTMND) 30* kokmcmmci 2m HONGKONC COm*** «5W OMENTAL OW 44N S'ptrt P K«Un( 12/6 (10/6) 19/6 (17/6) 26/6 (24/6) 3/7 Un r<M F stoat Ktoi189 words
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Advertisement475 1985-06-10 20 tiggy THONG SOON A6ENCIES PTE. LTD. #09-07. ROBINA HOUSE. S PORE 0106. TEL: *****88. TELEX: RS ***** BOOKING: *****56 (DIRECT LINEI SINGAPORE TO PENANQ SINGAPORE TO SARAWAK SINGAPORE TO SABAH 1112 i ii a r i i. i SINGAPORE TO BRUNEI •JENSON IV •EQUATOR V •JEWO« IV **Mk Dry I475 words
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Advertisement742 1985-06-10 20 r O EVERGREEN Full Co r ldmer St-ryic? Round-The-World East Bound Service (FE/C ARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) no mmx u/< u/7 %n tn %n nn un nn no uwi wt i«/ 7 i«/ 7 11/7 «/7 nn nn nn not Gam a/7 a/7 a/7 a/7 a/7 t/t in742 words
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Advertisement258 1985-06-10 20 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES feppart Lm*c tar 5/i i. afekM. i. i KYOWA LINE TO PAPUA HEW GUIMKA/ SOUTH PACiriC V am IM* Lm*| tr. OCEMU COUUB M/i ■*<•*>. Im. Mai Kieta, Honiara, Nouma, Loutaka. Suva, Papeettc. Pafo, «P"258 words
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Page 21 Advertisements
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Advertisement783 1985-06-10 21 V\v PACIFIC INTERNATIONAL LINES PIL Building 140 Cecil Street 03-00 Singapore 0106 Tel *****33 EAST AFRICA/REDSEA SERVICES HOT A WARUNA HOT A SEQAR CAWA 14-15/6 19-23/6 10-11/7 15-20/7 13-14/6 16-22/6 W» KOTA AMGKASA 'i.e...■ KARACHI/M.E. GULF SERVICES SINGAPORE COLOMBO/CHITTAGONG/RANGOON SERVICES CHINA SERVICE 2-4/7 10-12/7 BHANGHAI/XINGANG DALIAN BANGKOK/INDONESIA SERVICES FAR EAST783 words
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Advertisement686 1985-06-10 21 BEN LINE CONTAINERS EXPRESS com AMI SERVICE NK.TUI 1/7 IN. Tl. BL MM IM bU 114 1/7 M. 1 Eapran U/t 13/1 14/1 11/ l 11/ l 7/7 9/7 *6, IT l»/l 21/1 22/ i a/I 21/1 IV7 17/7 NU. Bit 21/1 a/I a/I 1/7 V 7 22/7 M/ 7686 words
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Advertisement461 1985-06-10 21 DJAKARTA LLOYD INDONESIAN NATIONAL l INF MM TtXONMM (OK KAOMSMK W STORE Rl/W IV* 17/1 23/4 .1 ■iinvr .<■MM*.* ai: i.yull lU ran wi ixri un mn wi 17-11/1 M/ 7 lt/7 17/7 18/7 IS/7 M/ 7 sran hmo m ivwrom ireac/su HI/7 31/7 3-V« MW 20-22/7 IIU/l IS-22/1 23/S461 words
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Advertisement605 1985-06-10 21 BOUSTEAD SHIPPING AGENCIES Sport Pa-an VS4W h PI/12 Jm Htaneyva V 202 13/15 Jim Pa(» VtSW 13/16 Jwc UrtWBPP V255W 22/24 Jwc Pa-an VSSW 2/5 M BURMA FIVE STAR (Burmese National Una) Loadtag far Rancoan ore Platwc P« BANK LINE SPORE R'DAM HULL HMBG FORTHBANK 15 Jun 17 Jul 21605 words
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Page 22 Advertisements
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Advertisement1162 1985-06-10 22 K LINE USA CANADA *h KAWASAKI KISEN KAISHA, LTD. 1 r«ancco*ST (laeludiag DESTINATIONS INLAND vU IPI/MICROBRIDGE MINILAND BRIDGE) FEEDER/ (MENTAL CHEF MX OCVALO RO2E MOTHER VESSEL PLANTW *13 CALFORNA BRDGE V 2 QUEENS WAY BRDGE V3I IVAN ALLIANCE *21 STORE PKLG PENANG STORE 11 Jun 18 Jun T/S PORT (TK)1,162 words
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Advertisement498 1985-06-10 22 '/tf CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BUL K SERVICE lM*a| tor LOS ANGELES. SAM FRANCISCO. SEATTU. TACOMA. VANCOUVER IC Accepting FQ/Fa CoatlMrs AUSTRALIA EXPRESS CONTAINER SERVICE Acceptmf Fa/Fa Contamm PA«tan( S Nrt Frw AM Sy* Mm Ac KAWROAS 25/26 M* 27/71 tun* 11 My 10 Mr It Mr Add "RAVCAS498 words
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Advertisement501 1985-06-10 22 [O] SANKO ASIA f MOM JAfAMfSf POUTS ANO HONGKONG P.K«tan| 1. TERM) M Pat/11 2 TROPICM MOON KZ7/11 km 12/13 Jm 3. OS* GRAMX 11/12 km 13/14 1m 4 SIM LOTUS 18/17 Aa 14/15 J* S. DOS ORENTE 11/20 km 21/22 ha I. rMJBTM WRGO 23/25 Aa 20/27 km 7.501 words
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Advertisement296 1985-06-10 22 t INTRASEA (PTE) LTD. llm 1() Anson a 27 b .Intt" n BREAKBULK SERVICE TO EIJROPE/UK S'ptn P. I liij hrfaP* 11/ C ROn/MT/U. (A9ON) ■rfi n it~m P.T PERUSAHAAM PELAYARAN KALIMANTAN URECT WEEKLY SERVICE TO JAKARTA Veml ETA/ETD DESTMATHN NMGA Xmi Vay 19/15 11/U JMne J*arta/Ctaton PGAGA XXI V*T296 words
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Page 23 Advertisements
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Advertisement621 1985-06-10 23 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/trom Scandinavia C CONTAINER S'pore Closing Times: FCL Cargo 2359 11/6 LCI Cargo 1200 11/6 FROM EUROPE (VIA SUEZ) Havre Singapore P.Kebng HKong K'siung Busan 0 CHEF43E Sailed 11/6 (13/6) 15/6 16/6 19/6621 words
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Advertisement442 1985-06-10 23 HEUNC-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN INCHON a/I m 14/7 a/7 n/7 »/i 11/ l IVI l«/l H/l i/7 V 7 11/7 IV7 l»/7 a/7 a/7 UNNBiriMina l/l/B Nr m/Ml V* M! IS .I*l 'UNA' M 111 SDN HHO xi in I'.imo442 words
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Advertisement425 1985-06-10 23 ft sinsov SINGAPORE SOVIET SMPPMG CO PRIVATE LTD SMSOV BULDMG 55, Market Strttt Snfaport 0104 Tataphom Haiton *****3 (15 Lhas) Cable Addrm SMSOV SVIGAPORE Tata Numbars IS ***** RS ***** RS ***** t KELMK PE3MMG M/S SNMMIAT MM SOON MM MM IST AND 2ND FLOOR. «SRS NM TMONG SMPPMG 2425 words
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Advertisement24 1985-06-10 23 SIM SWEE JOO SHIPPING SDN. BHD. i EXPRESS TO BINTULU P. fwrn Agents: J AMBATAN MERAH SDN. BHD p. Kelang: *****5/7 K.L. *****7/*****1 Ta\24 words
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Page 24 Advertisements
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Advertisement311 1985-06-10 24 ll?t'«|i<Mtal Container Lilies 'jTwruiufY 4 Sa,lm 9 s week| y HAHHi |i Fast Reliable Regular Punctual Berthing PSA Tue. Thur Sat Sun VMOSHMA MMHJ KASM MAMJ PANORMOS KASHMA MMHJ S'|Mrt 15/17 km 15/17 Jun 14/16 Jui lt/20 Jun Lojdn( Mr Doha, Aieiandru/Aqaba IM VEB DEUTFRACHT/SEEREEDEREI ROSTQCk FORTNIGHTLY FULL CONTAINER SERVICE311 words
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Page 24 Miscellaneous
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Miscellaneous162 1985-06-10 24 Regional Weather m, i\ r £8 I *<k; *r 2s/ 10s Ll*!* K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. LEGEND R Thunderstorm T 'Tla!£" direction with speed m knots y Shower Rom Wove height 0 Cloudy Sky Surfoce winds or* indicated by orrows which fly with162 words
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Page 25 Advertisements
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Advertisement317 1985-06-10 25 LUCKY SEAWAY SERVICES 89 Short Street 10 07 08 Golden Wall Auto Ontre. Spore 07)8 Tel 3388 155 Tlx 2606 S PORE TO COLOMBO/MADRAS ETA Colombo Madras 1M 17 Ja 25 Ja 5 M S. SUCCESS 25 Jm IM 15 M S PORE TO EAST WEST MALAYSIA Vessel ETA PK317 words
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Advertisement125 1985-06-10 25 REGULAR SAILING TO FREMANTLE w ma coast n* n/% etd at/c OiX'M Arms Imkov Shipping Co Pto Ltd. in c«i st •rinm u» •IN M man UNIBAC (S) PTE LTD MS Traa SlrMt, #09-06 Uan Must BMg„ S'por* 0007. T«fc IMMN/S/f T«toc SSIIO WAMAM Cabfac WANUNBMP vessel CHOLAA It VESSEL125 words
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Advertisement324 1985-06-10 25 PTE LTD iSI tkS TLX: M BMI PTING BOTH FCL AND La SI TTf T7 ITT .lit FVI per. LIN SHIPPING PTE. LTD. 010$ T«t 533M14 533M22 WEEKLY SERVICE SINCAPORE TO KUCHING SIBU VESSEL LIN PET AUNG II LIN PETALING ETA ETD 11.6.85 12.8.85 19.6.85 20.6.85 13.6.85 14.6.85 23.6.85 24.6.85324 words
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Page 26 Advertisements
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Advertisement312 1985-06-10 26 K. S EAST ASIA LINE L—. i (Malaysian Flag) I i (Malaysian Flaq) Regular Linvr S«rviCM BttwNn ITSIA/S'PORE/IMOIA P. Kelorvg Pmong S'pore L4g for MAN hM 11/8 CNttafMi MM ratTMM 24/S 20/S *b*M REfiULM MPM/SIRAfTS/iAPAN SERVICES LMBOR IC/C 11/ i 14/S N/M*/ EAST ASM SMVTK SDN. M. PJL I* 3W022/36312 words
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Advertisement350 1985-06-10 26 REGULAR WEEKLY SERVICE TO BATAM *b»i< Bintang Terang CENTRE HOUSE PTE. LTD. 545 Orchard Rd; #08-09 A Far East Shopping Centre Spore 0923 Tel: *****22/*****88 BOHLER SHIPPING PTE.LTD 1 37. Market St a l l-02. Ban* of Eeat Biog S por» 0104 Tel 2 *****4 3 Hneai Tete« RS BOSHiP350 words
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Advertisement483 1985-06-10 26 1* C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTABKRBED SERVICE TO EUROPE CM SUEZ) u/i n/» m/i nn nn in 1/7 V 7 1/7 11/7 U/7 19/7 IV* lt/l a/i a/* a/i M/I V 7 7/7 A SIRAIIS CONTAINS AGtNUIS Pit HO lb483 words
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Advertisement702 1985-06-10 26 Everett Lines rnrnn in DE VAPOREES (C.P.V.) STATE LINE" Paac* P. fwm? P. Ma| C* 135/11 JM r 13/14 la 21/22 t» 23/24 km "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/lAPAN SERVICE LOAOMG FOR HONGKONG* ANO JAPAN PORTS Everett Steamship Corpn.S/A CMfor rj Centra H.imsons Crosfie»<l Singapore P Kelanq K I702 words
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Advertisement201 1985-06-10 26 ZIM m rrnrrnrTT-innn rr 77*13 C AUSTRALIA ALSO ACCEPTK 10/ TO. CMCO TO WEUHH M NELMUM GOLD STAR LINE U MIL fcrtw/Oplmm/TBa 1 12 J" GOU) LUF CotoMbo /Momteu/Manto/ DURBAN 7 M 27 DATS Kxrans SUtTICK TO A9A9A BOLD MLLA Hw/Qwata/Tnu/llMtvvii/LoM 22 Jm Mm CI S and Momteu/MMpaU/ jMp PCI201 words
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