The Business Times, 10 June 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, JUNE 11, 1185 60 CENTS
    12 words
  • 240 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 Cambodian
    AFP; AP  -  240 words
  • 116 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 Archer
    AFP  -  116 words
  • 766 1  -  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 were
    766 words
  • 356 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 the
    AFP  -  356 words
  • 496 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 in
    496 words
  • 295 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 the
    AFP  -  295 words
  • Page 1 Advertisements
    • 129 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-age
      129 words
    • 350 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. And
      350 words
    • 200 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 know
      200 words

  • MANAGEMENT
    • 1236 2  -  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, a
      1,236 words
    • FRONTIERS
      • 531 2  -  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, for
        New Scientist  -  531 words
      • 215 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-engineered
        215 words
      • 131 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 because
        131 words
      • 97 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 the
        97 words
    • 444 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 in
      444 words
    • 1290 3  -  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'Entreprises
      FT  -  1,290 words
  • Page 2 Advertisements
    • 245 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 more
      245 words
    • 431 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 classify
      431 words

  • Page 3 Advertisements
    • 266 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 as
      266 words

  • OVERSEAS
    • 493 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 that
      NYT  -  493 words
    • 193 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 had
      Reuter  -  193 words
    • 164 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 before
      AP  -  164 words
    • 83 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 an
      Reuter  -  83 words
    • 241 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 to
      AP  -  241 words
    • 148 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 three
      UPI  -  148 words
    • 163 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
    • 276 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 government
      UPI  -  276 words
    • 245 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 trend
      Reuter  -  245 words
    • 368 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 1976
      Reuter  -  368 words
    • 494 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 Lehman
      Reuter  -  494 words
    • ECO NOTES
      • 60 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 Washington
        60 words
      • 41 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.
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      • 57 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 size
        57 words
      • 60 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 3
        60 words
      • 45 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. Agencies
        Agencies  -  45 words
    • 173 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, one
      Reuter  -  173 words
    • 122 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 million
      Reuter  -  122 words
    • 184 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 countries
      Bernama  -  184 words
    • 130 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 truck
      AFP  -  130 words
    • 152 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 his
      AP  -  152 words
    • 181 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. Mr
      AP  -  181 words
    • 760 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 ◦806
      760 words
    • 361 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're
      AP  -  361 words
    • 70 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 because
      Reuter  -  70 words
  • Page 4 Advertisements
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      60 words
    • 132 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 in
      132 words

  • Page 5 Advertisements
    • 9 5 Jr 1 EanAm's747SP Fastest Daily to 2 San Francisco.
      9 words
    • 108 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 class
      108 words
  • Page 5 Miscellaneous
    • 44 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 1
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  • WORLD BACKGROUND
    • 498 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 its
      AP  -  498 words
    • 672 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- oisco
      Reuter  -  672 words
    • 308 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 in
      AP  -  308 words
    • 572 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 the
      AP  -  572 words
  • Page 6 Advertisements
    • 254 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 all
      254 words
    • 156 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 Meefang
      156 words

  • BANKING AND FINANCE
    • 284 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
    • 90 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 and
      Reuter  -  90 words
    • 116 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 meet
      Reuter  -  116 words
    • 477 7  -  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 on
      477 words
    • 355 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 would
      Reuter  -  355 words
    • 128 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 Malaysian
      Bernama  -  128 words
  • MONEY AND EXCHANGES
    • 268 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 be
      Green & Collier  -  268 words
    • 202 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
    • 39 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 $m Movtirmnts of funds 1,799 Source: Short Deposits (M) Bhd Thm UBS and OCBC foreign «xchang* reports wire unavailable.
      39 words
    • 224 7 International Discount Co Ltd MOVEMENTS in the overnight interbank market were relatively erratic last week. The overnight rates which opened at 4V« 4% per cent after the long weekend moved to a high of 6V4 6 on Thursday. It closed easy again on Friday at 4 3V«.
      International Discount Co Ltd  -  224 words
    • 536 7 UNGATES «M mnp af Mm prfcw Im*C ratM «f 12 b«*i m StacuMrt PLR of bonks ot the close of business on Friday, Juno 7, os supplied bv the Association of Bonks in Singapore. BANK PLR Aigemene Bank 8Vi American Express 9Vi Am "Dam R'terdam Bank 8V4
      536 words
  • Page 7 Advertisements
    • 113 7 Printers meet at ASIAPRINT '85. ASIAPRINT JUNE 20 23 WORLD TRADE CENTRE SINGAPORE South Asia's 4th International Exhibition of Printing, Graphic Arts Equipment Supplies Time: 12 8 pm (20 22 June) 10 am 6 pm (23 June) For invitation, contact Sponsor ©INTERFAMA PTE LTD Tel *****12 Telex R*****0 INFAMA Master
      113 words
    • 6 7 v-v Ws Jfes Wm r >^Sf*
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  • FEATURES
    • 1542 8  -  Growth generated by top-line borrowers which need cheap source of medium-term funds By BRIAN GOMEZ SINGAPORE's banking sector has been a high flyer in terms of its contribution to the economy over several years. Activity is now slowing down, as evidenced by the 3.8 per
      1,542 words
    • 105 8  -  Letter to the Editor Yap Bah Tssag F?Df>partmeat! Dear Mr, We refer to the report in your newspaper (dated June 8) concerning Overseas Trust Bank (OTB) in Hongkong and to the United Overseas Bank (UOB) Group's shareholding in OTB. We would like to clarify that the
      105 words
    • 192 8 THE mechanics of a RUF (there are some variations). For example, a borrower, raising US$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, which
      192 words
    • 489 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 came
      Reuter  -  489 words
  • Page 8 Advertisements
    • 669 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 to
      669 words
    • 124 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 leasing
      124 words
  • Page 8 Miscellaneous
    • 633 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 jug
      633 words

  • THE ARTS
    • 745 9  -  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, it
      745 words
    • 485 9  -  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 the
      485 words
    • 781 9  -  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 that
      NYT  -  781 words
  • SPORTS
    • 549 9  -  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 there
      549 words
    • 538 9  -  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 from
      538 words
    • 339 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 her
      Reuter  -  339 words
  • Page 9 Miscellaneous
    • 1109 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 Draw
      1,109 words

  • INTERNATIONAL STOCKS
    • 289 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-supplied
      AP  -  289 words
    • 196 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 with
      AP  -  196 words
    • 311 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
    • 166 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*
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    • 268 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 6
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    • 556 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
    • 648 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 Chaidw
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    • 64 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 export
      Reuter  -  64 words
  • Page 10 Advertisements
    • 413 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 nji
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    • 111 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 3.00
      111 words

  • INTERNATIONAL COMPANY NEWS
    • 295 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 have
      Reuter  -  295 words
    • 620 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. Wall
      Reuter  -  620 words
    • 259 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 per
      Reuter  -  259 words
    • 422 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 of
      FT  -  422 words
    • 240 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 have
      Reuter  -  240 words
  • Page 11 Advertisements
    • 633 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
    • 137 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 Smitane
      137 words

  • RAW MATERIALS
    • 521 12  -  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 urban
      521 words
    • 676 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 and
      AFP  -  676 words
    • 314 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 told
      Reuter  -  314 words
    • 124 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 during
      Reuter  -  124 words
    • 459 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, said
      AP  -  459 words
    • 118 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 13.42
      AFP  -  118 words
    • 218 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 the
      218 words
    • 216 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. Rains
      216 words
    • 987 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 when
      987 words
    • 25 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 29.29 171
      25 words
    • 126 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 Commodity
      126 words
    • 178 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, as
      178 words
    • 214 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 oil
      214 words
  • Page 12 Advertisements
    • 243 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 sharp
      243 words

  • MARKET REVIEWS
    • 5276 13  -  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 Wall
      5,276 words
    • 351 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 the
      Reuter  -  351 words
    • 677 13  -  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 Ambassodor
      677 words
    • 1460 14  -  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 ultimate
      1,460 words
    • 60 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 ISSUE
      60 words
    • 106 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 per
      106 words
    • 362 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
    • 575 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 lowering
      AFP  -  575 words
    • 753 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 panic
      753 words
    • 311 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 Investment
      SHK Research  -  311 words
    • 140 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 those
      Bernama  -  140 words
    • 846 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 business
      AP; FT  -  846 words

  • Page 14 Advertisements
    • 53 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 lIBUMMANN
      53 words
    • 64 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 of
      64 words

  • COMPANY NEWS
    • 368 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
    • 327 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 the
      327 words
    • 649 15  -  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 has
      649 words
    • 719 15  -  ■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 common
      719 words
    • 467 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 be
      467 words
    • 269 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 from
      269 words
    • 127 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 capital
      127 words
  • Page 15 Advertisements
    • 149 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 Also
      149 words
    • 312 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

  • 528 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 Economy
    Reuter; NYT  -  528 words
  • 145 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 quoted
    145 words
  • 109 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's
    109 words
  • 388 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, a
    AFP  -  388 words
  • 195 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 split
    AP  -  195 words
  • 233 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
  • 340 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
  • 83 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 in
    83 words
  • 31 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
  • 282 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 an
    Reuter  -  282 words
  • 174 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 on
    UPI  -  174 words
  • 237 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 moved
    Reuter  -  237 words
  • LATE FILE
    • 49 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. AFP
      AFP  -  49 words
    • 43 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 AFP
      AFP  -  43 words
    • 37 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 4
      Reuter  -  37 words
    • 64 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 the
      Reuter  -  64 words
    • 49 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. Ranter
      Reuter  -  49 words
    • 63 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 the
      Reuter  -  63 words
    • 34 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. AFP
      AFP  -  34 words
  • Page 16 Advertisements
    • 149 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
    • 10 16 Four »oldifi g m tj O A ITMO, riflt 4
      10 words
    • 301 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 and
      301 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 225 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 Corp
      Reuter  -  225 words
    • 135 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 decline
      Reuter  -  135 words
    • 415 17  -  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 of
      415 words
    • PORT SIDES
      • 104 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 has
        Reuter  -  104 words
      • 114 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 a
        UPI  -  114 words
      • 133 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 Hongkong
        AFP  -  133 words
    • 565 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
    • 182 18  -  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 rate
      182 words
    • 596 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 nation
      Fairplay  -  596 words
    • 110 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 its
      Reuter  -  110 words
    • 832 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 Bolt
      832 words
    • 1700 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 a
      1,700 words
    • 183 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 vents
      Reuter  -  183 words
    • 322 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 the
      Lloyd's List  -  322 words
    • 265 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-owned
      265 words
    • 184 19  -  -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 of
      184 words
    • 185 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 the
      185 words
    • 187 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 /Straits
      187 words
    • 79 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 ship
      AP  -  79 words
    • 2990 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. Advanced
      2,990 words
    • 737 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 2330
      737 words
    • 1687 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
    • 329 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 SSPL
      329 words
  • Page 17 Advertisements
    • 634 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: *****11
      634 words
    • 199 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 Weother
      199 words
    • 643 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 L
      643 words

  • Page 18 Advertisements
    • 407 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 17/7
      407 words
    • 213 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/7
      213 words

  • Page 19 Advertisements
    • 899 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
    • 759 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 M
      759 words

  • Page 20 Advertisements
    • 349 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 &UK
      349 words
    • 189 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 Ktoi
      189 words
    • 475 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 I
      475 words
    • 742 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 in
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    • 258 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

  • Page 21 Advertisements
    • 783 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 EAST
      783 words
    • 686 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/ 7
      686 words
    • 461 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/S
      461 words
    • 605 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 21
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  • Page 22 Advertisements
    • 1162 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)
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    • 498 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 "RAVCAS
      498 words
    • 501 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
    • 296 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*T
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  • Page 23 Advertisements
    • 621 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 19/6
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    • 442 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'.imo
      442 words
    • 425 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 2
      425 words
    • 24 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\
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  • Page 24 Advertisements
    • 311 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 SERVICE
      311 words
  • Page 24 Miscellaneous
    • 162 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 with
      162 words

  • Page 25 Advertisements
    • 317 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 PK
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    • 125 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 VESSEL
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    • 324 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 24.6.85
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  • Page 26 Advertisements
    • 312 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* 3W022/36
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    • 350 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 BOSHiP
      350 words
    • 483 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 lb
      483 words
    • 702 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 I
      702 words
    • 201 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 PCI
      201 words