The Business Times, 1 July 1985
1985-07-01
1
26
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The Business Times
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Title Section12 1985-07-01 1 BUSINESS TIMES M.C. (P) No. 99/1/85 MONDAY, JULY 1, 1985 60 CENTS12 words
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422 1985-07-01 1 PENG AILIAN - Tax department Quoted bye-laws out of context in dispute with remisiers By PENG AILIAN THE STOCK EXCHANGE of Singapore has told the Inland Revenue Department that it has been quoting the SES byelaws out of context in its dispute with remisiers. The422 words
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530 1985-07-01 1 ALVIN TAY - By ALVIN TAY ASEAN FINANCE Corporation (AFC), a joint venture to promote industrialisation and economic development in Asean, has performed well below the projection made by its steering committee. Before the five-nation joint venture was set up in June 1961 (Brunei is530 words
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Article199 1985-07-01 1 AFP MALAYSIAN Prime Minister Mahathir Mohamad has advised investors not to view fluctuating share prices on the stock exchange as a sign that the economy is in bad shape. Dr Mahathir said prices in the stock market did not necessarily reflect the performance and standing ofAFP - 199 words
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103 1985-07-01 1 UPI SHTITE MUSLIM leader Nabih Berri announced that all 39 American hostages left Beirut under a Red Cross escort yesterday on a drive to Syria and freedom after 17 days in captivity. Mr Berri, leader of Lebanon's main Shi'ite militia, Amal, announced atUPI - 103 words
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283 1985-07-01 1 BOEY KIT YIN - By BOEY KIT YIN LOCAL COMPANIES made more than US$9O million worth of counterpurchase contracts with the Indonesian government last year. According to latest figures from the Indonesian Ministry of Trade published in the Asia Research Bulletin, this brings their contracts with the283 words
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Article84 1985-07-01 1 AFP A SOVIET EMPLOYEE of the Maritime Fleet Ministry has been found guilty of having "transmitted to the West" documents on the Soviet irms industry. The Soviet daily newspaper Trud reported yesterday that Guennadi Petrov, 35, a designer employed by the ministry, took pictures ofAFP - 84 words
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251 1985-07-01 1 AP CHINESE LEADER Deng Xiaoping says that the booming special economic zone of Shenzhen is not a proven success. This appears to be a significant pullback from his unqualified endorsement of the zone 18 months ago. Once an impoverished fishing village bordering Hongkong, Shenzhen hasAP - 251 words
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Article, Illustration112 1985-07-01 1 AN AIDE guides the band of OeeMeitol Petroleum Corp chairman Armud Hammer, 81, to the dotted lines, sealing the biggest US jitit venture with China a long-delayed US$l6l mlllton project to develop an pen-pit coal mine. Under the agreement, Occidental Petroleum will provide 25 per eent ofAP photo - 112 words
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Page 1 Advertisements
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Advertisement167 1985-07-01 1 Call Wayfoong at 737-7977 for a fast decision on your loan Wayfoong Mortgage and Finance (S) Ltd I A wholly-owned subsidiary ol Hongkong Bank 6 Claymore Hill «03 00 Claymore Plaza Singapore 0922 A.P. Mo. 0045 -I. -s>- M Personal loans wßr W ,n ust 24 hours W Now at167 words
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Advertisement333 1985-07-01 1 Stock markets in pook form, Pago 16 The British Film Festival features not only the usual "arty-crafty", intellectual-pseudo-intellectual films that one either loves, hates or cannot understand, but mass appeal films that have had successful runs in the cinemas. Examples are The Draughtsman's Contract, Gandhi and Comfort and Joy. JAIME333 words
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Advertisement210 1985-07-01 1 Singapores First Local Bank with an International banking network to service you better 4 t FOUR SEAS C OMM jSI'CA'iCNj BAN* L T 0 th* OC B<, Cj' What you missed... If you did not read BT on Saturday, you would not know that Singapore women are tightening their hold210 words
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MANAGEMENT
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Article, Illustration1246 1985-07-01 2 FT THE CROWDS turn up in their thousands to look at the pictures of the future in Matsushita's pavilion at Expo 1985 now underway near Tokyo. There are robots drawing portraits from a television image, a 3-D television which can be viewed without specialFT; Camera Press - 1,246 words
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886 1985-07-01 2 AP IN A SPATE of multibillion-dol-lar deals, American corporations have been gobbling up each other so fast that legislators in Washington are considering trying to halt the trend. The merger mania has created an aggressive new breed of investor and aAP - 886 words
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FRONTIERS
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Article296 1985-07-01 2 LEE HAN SHIH - Hackers' new toys car phones Compiled by LEE HAN SHIH DUTCH radio amateurs have found a way of adapting home computers to listen in on telephone calls made from cars. They identify the phone numbers at both ends of the call, listen to the conversation and even pin-point where the296 words
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Article, Illustration174 1985-07-01 2 STRIKING analogies can often be made between nature and technology. Nature is at times clearly the model for even the latest high-tech products. The beehive, home for thousands of bees, is a case in point. It incorporates heating and ventilation and is ideally suited for incubating and174 words
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Article281 1985-07-01 2 FLUSHED faces and feverish foreheads are a hot topic for about 50 scientists and physicians from around the world who will be gathering at Yale University this week. The week-long symposium focuses on thermal and environmental physiology in simpler terms, body heat. The study of body281 words
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886 1985-07-01 3 FT "YOU could not, for instance, advertise bananas in Hungary," says a senior executive of a leading Budapest advertising agency, "because there rarely are any." Bananas, like a few other tropical products, remain virtually unobtainable in the Soviet bloc, even in relativelyFT - 886 words
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Article, Illustration1040 1985-07-01 3 BRIAN GOMEZ - By BRIAN GOMEZ THE NEW ZEALAND chief of Bowater Far East has ambitions to significantly boost his $50 million contribution to the British group's annbal worldwide sales of $3.6 billion. Sales by the Singapore headquartered company are equally shared by the1,040 words
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Page 2 Advertisements
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Advertisement144 1985-07-01 2 0 <? m UlsE,'. -J Sw Its official. v s v. v v^''«£n x>C'^: '^v x naiox C» VIW Mi W tIM «W »f PUB officially accepts our way of protecting you and your family. BROWN BOVERI Since 10 years, BBC is manufacturing MCB's, ELCB's, Consumer Units and Distribution Boards144 words
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Page 3 Advertisements
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Advertisement163 1985-07-01 3 SB6I 4 n f 11-6 dJOcteSuis '|9aoH uucpucpg aqj_ v I si JWMCKO W3aVDV Z£OK SU :X3 l 3 Ll&VLll 1 3 1 Zl9O 3JO<te2uis iddJis übiu9ujjv HOS W 3 *d sw|3o«V DjtuapßDy uoubuuoju! ajoui joj uMop apisdn paujna pijom jnoX 3ABq 01 ajßdsjd puß mou 58. VISV IVWOVD S163 words
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OVERSEAS
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445 1985-07-01 4 AFP TAIWAN'S businessmen, unsettled over the recent detention of three of their number for alleged indirect trade with China, have urged the government to clarify its stance on the booming trade. The detentions last week "scared the wits out of us all," said a sportsAFP - 445 words
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188 1985-07-01 4 AFP THE TAIWANESE GOVERNMENT will not allow cotton to be imported from China, even though its relatively low cost could help lower production costs for domestic textile makers. Hsu Kuo-an, director of the Industrial Bureau, ruled out the possibility of permitting cotton imports fromAFP - 188 words
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Article, Illustration367 1985-07-01 4 UPI BEATLE JOHN LENNON's psychedelic Rolls-Royce was sold for more than US$2 million on Saturday after fierce bidding at a rock 'n roll memorabilia auction at Sotheby's in New York. "Applause broke out at the million-dollar mark and the auctioneer had to callUPI; Reuter photo - 367 words
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235 1985-07-01 4 AP REPRESENTATIVES of the US, Japan and Panama have reached agreement to make feasibility studies for building a new canal linking the Pacific and Atlantic Ocean. A "final report" was presented to President Nicolas Ardito Barletta in Panama last Friday byAP - 235 words
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283 1985-07-01 4 Bernama THE MALAYSIAN Master Builders Association will present a memorandum to Finance Minister Daim Zainuddin this week, in which, among other things, it proposes to strive for efficient use of local resources and expertise for national development programmes. This was one of sixBernama - 283 words
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419 1985-07-01 4 Reuter UK NORTH SEA oil output dropped to its lowest level for eight months in May to an average daily output of 2.62 million barrels of crude oil from 2.68 million barrels per day (bpd) in April, the Royal Bank of Scotland PLCReuter - 419 words
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Article, Illustration255 1985-07-01 4 Reuter IRAN'S PARLIAMENTARY Speaker has dismissed reports that his country has concluded a major arms deal with China and says the war with Iraq will continue until Iran's demands are fully met. Ali Akbar Hashemi Rafsanjani, considered the second most innuential man in IranReuter; AP photo - 255 words
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134 1985-07-01 4 POLICE OPENED FIRE on Saturday to scatter violent mobs, killing one person and injuring four others in sectarian violence in India's western state of Gujarat. The United News of India said one person was killed when police opened fire to disperse rival134 words
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232 1985-07-01 4 UPI THE COURT handling the Benigno Aquino murder trial has refused to overturn its ruling, tossing out the main evidence against military chief General Fabian Ver in connection with the assassination. Prosecutors had appealed to the court to reconsider its June 13 ruling onUPI - 232 words
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250 1985-07-01 4 Reuter SOUTH AFRICA has announced a raid into Angola in which it says 45 guerillas of the South-West Africa Peoples Organisation (Swapo) were killed for the loss of one black member of the security forces. South African defence force chief General Constand ViljoenReuter - 250 words
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Article106 1985-07-01 4 Reuter SOUTH AFRICA'S black National Union of Mineworkers (Num) has rejected a pay rise and warned of unprecedented labour unrest in the country's gold and coal mines if its own pay demand is not met. The union, seeking a 22 per cent rise, reaffirmed it willReuter - 106 words
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195 1985-07-01 4 AP AIR CRASH investigators have so far failed to find any evidence of sabotage from the wreckage and bodies recovered from the Air India jumbo jet which crashed in the North Atlantic off Ireland last Sunday. London's weekly Observer newspaper reported yesterday thatAP - 195 words
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Article818 1985-07-01 4 ARRIVALS Operator Service number Local time From PAA PA21 0020 LAX/TYO/ HKG MAS MH601 0720 KUL SIA SQ43 0750 DHA SJA SQ45 0815 MRU MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN SV SV378 0940 JED/RUH CAL CI806 0945818 words
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418 1985-07-01 5 Reuter MOST OF THE Federal Reserve Board's members will be Reagan appointees by next year but analysts say America's central bank is unlikely to become the president's pawn. Fed member Lyle Gramley's surprise resignation for personal reasons last Friday, coupled with the end ofReuter - 418 words
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170 1985-07-01 5 AP THE US and Soviet governments have agreed that if their leaders should hold a summit meeting this year it would be in Geneva from Nov 19 to 21. The Sunday Times in London said the two governments have yet to agree that such a meetingAP - 170 words
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143 1985-07-01 5 Reuter PRESIDENT Ronald Reagan has declared that he is standing behind Budget Director David Stockman in spite of recent remarks that could be interpreted as a call for higher taxes to cut the US budget deficit. In a closed-door speech to New York Stock Exchange directorsReuter - 143 words
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214 1985-07-01 5 FT WEST GERMANY achieved a further massive trade surplus this time of 7.5 billion deutschemarks (US$2.5 billion) in May, reinforcing predictions that 1965 as a whole will produce record surpluses on both trade and current account. The May returns boost the cumulative trade surplus,FT - 214 words
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Article, Illustration204 1985-07-01 5 Reuter RELATIVES of American hostages held in Beirut have blamed the harsh language of President Ronald Reagan for the last-minute hitch that prevented Saturday's planned release of the captives. In a Chicago speech on Friday, Mr Reagan said the US "cannot accept these repeatedReuter; AP photo - 204 words
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233 1985-07-01 5 AP A FEDERAL appeals court overturned a jury award of U*****,000 in damages to former TV news announcer Christine Craft, who contended she was demoted because her bosses did not like her looks. The Eight US Circuit Court of Appeals also ruled against Miss CraftAP - 233 words
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WORLD IN BRIEF
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Article87 1985-07-01 5 COLOMBIAN troops are searching for guerillas who attacked a town's bank and police station, leaving 19 people dead and breaking a 10-month-old truce the rebels had signed with the government, officials said on Saturday. The April 19 movement, known as M-19, carried out the attack on Friday87 words
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Article103 1985-07-01 5 AN INTERNATIONAL group of doctors has called for an end to the nuclear arms race, saying millions of lives could be saved if money spent on weapons is used for research on the elimination of illnesses. At the opening session of a meeting of the International103 words
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Article64 1985-07-01 5 FOUR English soccer clubs have asked the London High Court to rule that bans on English soccer teams playing abroad are unlawful. Lawyers for Manchester United, Everton, Southampton and Norwich, said on Friday that the bans, imposed after 38 people died when English fans rioted at the64 words
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Article61 1985-07-01 5 CUBAN authorities have expelled a French journalist in Havana for "insulting national dignity" in a recent article concerning expenses involved for foreigners wishing to marry Cuban women. Andre Birukoff, who had been AFP bureau chief in Havana for one year, was alleged to have maintained that Cuban women,61 words
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Article57 1985-07-01 5 A 12-MEMBER spy ring headed by a North Korean recently arrested in Seoul has been operating in major Japanese citThe Sankei Shim bun newspaper said in Tokyo yesterday that information obtained by Japanese police listed North and South Korean residents in Japan who supplied funds and57 words
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Article77 1985-07-01 5 TWO PACIFIC island leaders have expressed support for a Hawaii-based high-technology research centre to serve the needs of Pacific Basin countries. Such a centre could help Pacific island countries develop broad-based economies, said Prime Minister Ratu Sir Kamisese KT Mara of Fiji and Geoffrey Henry, Deputy Prime Minister77 words
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Article78 1985-07-01 5 Agencies AUSTRALIAN Foreign Minister Bill Hayden has assured a New Caledonian separatist leader of Australia's sympathy for the separatist cause, but said it will be "very hard" for France to move more rapidly towards independence for the Pacific island territory. "It is very hard for them (Paris) toAgencies - 78 words
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246 1985-07-01 5 Reuter A SUSPECTED Irish guerilla has been charged with carrying out a bomb attack which nearly killed Prime Minister Margaret Thatcher in the English resort town of Brighton last year. Patrick Joseph Magee, 34, from Belfast, was charged on Saturday night withReuter - 246 words
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Article, Illustration377 1985-07-01 5 Reuter, AP A EUROPEAN COMMUNITY summit that began with high hopes of forging European union ended in disarray and rancour on Saturday amid deep divisions over how to make the unwieldy grouping more efficient. The two-day summit was dominated by a row over ways toReuter,; AP - 377 words
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450 1985-07-01 5 FT AMERICA'S House of Representatives has approved a defence spending authorisation Bill which denies President Ronald Reagan the freedom to send US troops to Nicaragua without prior congressional approval unless certain conditions are met. The loopholes, built intoFT - 450 words
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Article168 1985-07-01 5 UPI AN INTERNAL Defence Department report obtained by the New York Times says security programmes at most of the US military contractors are so weak they do little to prevent espionage efforts. "A supermarket employee may encounter far more difficulty stealing a loaf of bread," aUPI - 168 words
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Page 4 Advertisements
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Advertisement11 1985-07-01 4 ftn Am Clipper Class. For The Price Of An Economy Ticket.11 words
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Page 5 Advertisements
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Advertisement118 1985-07-01 5 I ORCHARD HOTEL SINGAPORE Member of the //*m SlKlucl Grouo Elegant. Efficient. Ideally Located. Orchard Hotel Singapore Offers you some Special Packages THE BUSINESSMAN'S PACKAGE Single Occupancy $108.50 Double Occupancy $120.00 American/Buffet Breakfast included Package price is subject to 10% Service Charge 3% Government Tax Valid from July 1 to118 words
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Page 5 Miscellaneous
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Miscellaneous49 1985-07-01 5 Doonesbury OKAY, ENOUGH SUSP&iSZ, MICHAEL. IF NOT HERE ON HE CAME J VACATION, WHAT* TO SEE THE GREAT DOONES YOU, GUY. POI/fINHAm? v •o vr M ITS TRUE. YOU SEE, ZONK, IHtVE GOT A NEW CLIENT AT THE AGENCY. THE AMERICAN CANCER SOCIETY. m 7* m BY GARRY TRUDEAU49 words
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BANKING AND FINANCE
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489 1985-07-01 6 Reuter AMERICAN EXPRESS International Banking Corp has told the Finance Ministry it will return its Japanese banking licence and suspend its banking operations by next January, a bank spokesman says. The move follows a decision by its holding company, American Express Co, to concentrateReuter - 489 words
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158 1985-07-01 6 AP THE INTERNATIONAL Monetary Fund has announced that it will try to raise its income to about US$5O million a year. Saturday's announcement was made in the fund's bi-week-ly "IMF Memorandum". It said the executive board, which includes representatives of theAP - 158 words
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315 1985-07-01 6 Reuter HIGH BANK LENDING rates are hampering the growth of Philippine production and exports but are not expected to fall substantially in the short term, bankers and businessmen say. Prime Minister Cesar Virata has said interest rates will fall when a US$925-million newReuter - 315 words
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111 1985-07-01 6 MITSUBISHI TRUST and Banking Corporation has been awarded the highest bond triple 'A' rating and commercial paper prime one rating from Moody's Investors Service. Moody's, a US-based financial research organisation, is considered the most authoritative rating organisation in the world. Mitsubishi Trust says it is111 words
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213 1985-07-01 6 AFP THE TWO PER CENT decline in prime interest rates of major US banks in the last few months will enable Latin America to import 10 per cent more, much of it from the US. Experts of the UnitedAFP - 213 words
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417 1985-07-01 6 Reuter THE SOUTH KOREAN government's recent decision to provide soft loans to troubled commercial banks highlights the weakness of the financial sector and has raised doubts about government direction of bank lending, economic analysts say. Finance Minister Kim MahnJe said the Bank of Korea wouldReuter - 417 words
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198 1985-07-01 6 Reuter THE BANKING regulation committee of France has agreed on new rules extending its requirement that banks should raise enough net equity and long-term debt to cover at least 5 per cent of their assets. The Bank of France said in a statement the capitalReuter - 198 words
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MONEY AND EXCHANGES
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Article241 1985-07-01 6 Union Bank of Switzerland The lack of a clear US dollar trend was the main characteristic of this week's trading on the international foreign exchange markets. Amid narrow fluctuations, the US dollar edged off but without moving out of the range of D-mark 3.04-3.09 and SFr 2.53-2.59.Union Bank of Switzerland - 241 words
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Article264 1985-07-01 6 National Discount Co THE INTERBANK money market condition tightened through the week due primarily to half-yearly closing for banks, influence of firmer ACU rates and some tax payments. Overnight funds opening at 5V% 5 per cent firmed in early week to over 6 per centNational Discount Co - 264 words
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Article224 1985-07-01 6 Asian market ASIAN currency average deposit rotes for the week ended June 28 BID PRICES High Low US 7 days 7 13/16 7 1/8 1 month 7 13/16 7 3/16 2 months 7 7/8 7 1/4 3 months 7 7/8 7 1/4 6 months 8 1/8 7 1/2 9 months224 words
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214 1985-07-01 6 Green Collier EXCEPT for Friday's moderate rally, financial futures prices drifted for most of the week within narrow ranges. The rally helped September Eurodollars to recover from the lows to close at 92.07, a gain of 30 ha sis points on the previous week.Green & Collier - 214 words
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Article, Illustration488 1985-07-01 6 PLR of bonks at the close of business on Friday, June 28, as supplied by the Association of Banks in Singapore. NXCATES the averse of the prime tend* rates of 12 major banks operatinc in Sotfapore. BANK PLR Algemerve Bank 8Vt American Express 9V4 Am'Dom R'terdom Bank488 words
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Article81 1985-07-01 6 The range of call rates for the week ended Friday. June 28: Bonk fund 5—5.35 General hind 5.125—5.35 $m Movements of funds 1,896 Source: Short Deposits (M) Bhd Discount Prices At Saturday's close Prices offered by discount houses on June 29 3-month Treasury Bills 2 13/16 —2 11/1681 words
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Page 6 Advertisements
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Advertisement605 1985-07-01 6 JBK ISLAND PENINSULAR BERHAD (INCORPORATED IN MALAYSIA) T* NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the 23rd Annua! General Meeting of the Company will be held at 4th Floor, Wisma SPK, Jalan Sultan Ismail, Kuala Lumpur on 22nd July, 1985 at 11.00 a.m. for the following purposes:605 words
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SPORTS
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Article, Illustration697 1985-07-01 7 WALTON MORAIS - By WALTON MORAIS A PAR-SAVING PUTT on the final hole by youngster Tan Chuan Thye gave Singapore Island Country Club the Premier League golf championship at Warren yesterday. SICC, trailing defending champions Sembawang by two strokes coming into yesterday's final round, had managed697 words
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Article518 1985-07-01 7 UPI GEORGE BURNS struggled in the wind on the hack nine on Saturday, but managed a thirdround 2-under-par 70 for a twostroke lead in the Memphis Golf Classic. Burns played the front nine in 3-under but was 1-over on the back to wind up theUPI - 518 words
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599 1985-07-01 7 ANNA TEO - By ANNA TEO SPORTS FACILITIES are sprouting on campus grounds. Taking their place in the tertiary campuses alongside academic halls and laboratories are swimming pools, gymnasiums, squash, tennis and badminton courts a multi-million-dollar project that will pep up a student life revolving around the599 words
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Article137 1985-07-01 7 AFP A HORSE RACE worth U*****,000 has been announced in Perth, Australia, to coincide with the America's Cup yachting event in January 1967. The race will be called the Australiasian and will be held at the city's Ascot racecourse, on the edge of the Swan River.AFP - 137 words
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Article, Illustration634 1985-07-01 7 BRIAN MILLER - By BRIAN MILLER THE LATE MORNING SHOWER may have had something to do with it or so they wish to claim but the fact remains, all except one favourite flopped at Bukit Timah yesterday, making the wet afternoon a punter's nightmare. Steady, a smart and for-ward-looking gelding634 words
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441 1985-07-01 7 AP THEY HAD added charm, grace and a touch of sunshine to the Wimbledon tennis championships. And when crowd favourites Gabriela Sabatini and Hu Na lost on Saturday, was it just coincidence that that was when the rain came? The top namesAP - 441 words
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Article210 1985-07-01 7 UPI ONCE AGAIN, the chief subject of conversation involving Jimmy Connors is retirement. Never mind that he's still ranked No 3 in the world, that he is healthy and happy at 32, and he has secured a berth in the fourth round of Wimbledon. The questionUPI - 210 words
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Page 7 Advertisements
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Advertisement27 1985-07-01 7 SAVE WATER DRIN'K S'A if SPA R« 'ySi,'-;* i SPA M!NI R\ 1 W\H KllidM IiIK.II \1 Training improves your chances. BT shows you how every Wednesday27 words
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Page 7 Miscellaneous
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Miscellaneous665 1985-07-01 7 CRYPTIC PUZZLE ACROSS 1 Mass of metal used in making other things (5) 6 A dire possibility when getting dried (5) 9 Attack a highway? (7) 10 Sticky plant? (5) 11 Kerbside coin-swallow-er? (5) 12 New rules for baits (5) 13 Go away and collapse (4, 3) 15 Chap the665 words
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FEATURES
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Article, Illustration1501 1985-07-01 8 ANATOLE KALETSKY - Expectations have become decisive element in determining how far currencies evolve By ANATOLE KALETSKY FT A "CRASHLANDING" of the overvalued dollar, accompanied by a world financial upheaval, becomes more plausible daily. Ironically, the greatest cause for alarm is the recent strength of the dollar,FT - 1,501 words
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Article, Illustration766 1985-07-01 8 STUART DIAMOND - By STUART DIAMOND NYT THE TECHNOLOGY of burning coal is undergoing what energy experts say is the biggest advance in more than a century. Hundreds of companies are researching and applying methods to burn the traditionally dirty fuel as cleanly as oil. TheyNYT - 766 words
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563 1985-07-01 8 AFP A SMALL Wall Street firm is making a lucrative profit with its worldwide service tracing people who are unaware that they own valuable shares. Markham Company was founded in 1960 and since then, its has traced the whereabouts of 60,000AFP - 563 words
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Page 8 Advertisements
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Advertisement207 1985-07-01 8 Neptune Orient Line's, Neptune Pearl, Port of Saint John, June Ist, 1985 next stop Singapore! Saint John salutes Singapore and two cargoes. New Brunswick is a major valued and important customers, producer of forest products, minerals, Neptune Orient Line and Orient agricultural products and fish. Overseas Container Line, on the207 words
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THE ARTS
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Article, Illustration1045 1985-07-01 9 JAIME LYE - By JAIME LYE A BRITISH ORGY is going to be screened at the Goethe-Institut from July 6. The British Film Festival features not only the usual "arty-crafty", intellectual-pseu-do-intellectual films that one either loves, hates or cannot understand, but mass appeal films that have had successful1,045 words
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Article939 1985-07-01 9 ALJEAN HARMETZ - By ALJEAN HARMETZ NYT HOW CAN YOU get people back into cinemas after they've settled down with video cassettes and television? In Britain, 26 per cent of the population went to the movies at least once last year, compared with the 59 per centNYT - 939 words
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643 1985-07-01 9 MARIE DAVID - By MARIE DAVID THE INTERVIEW on both radio and television is a very demanding craft. It is one technique for getting information across trom the "horses' mouth", what in broadcasting jargon is called "actuality". Through an interview, the listener or viewer has an643 words
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Page 9 Advertisements
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Advertisement187 1985-07-01 9 7 Jt Port of Saint John An open door to the world's fastest growing markets. The Port of Saint John offers fast, efficient sea links with the world's newest and fastest growing markets. We have over 50 lines calling on more than 50 burgeoning nations; a dependable, productive port labour187 words
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Page 9 Miscellaneous
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Miscellaneous1166 1985-07-01 9 to sm mm vrt < r Gioachino Roeaini...'La Cenerentola' a favourite rapartoira of Cindaralla. 8.00 PM Programme Highlights followed by Panorama Kenya. The Politics of Plenty. A look at the politics involved in giving western aid to Kenya. Million of dollars of Western aid have been given to the Kenya's1,166 words
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INTERNATIONAL STOCKS
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259 1985-07-01 10 Reuter PHILLIPS PETROLEUM Co plans to make a continuing offer to sell about US$2OO million of post-split common stock between now and the end of next year to the company's thrift plan and employee stock ownership plan. Proceeds from the sales will beReuter - 259 words
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Article251 1985-07-01 10 Jun« 29 Y«fi 1130 -10 Mitsubishi Mitsub El«c 660 393 803 +6 -1 +22 400 +3 Mitsub Hoovy 329 +4 1030 11 Mitsui 407 +6 911 -40 171 +2 Asahi Glass 894 819 10 -1 Mitsui Smiting 549 623 +23 +7 Bridgastona 570 +9 Mitsumi 837 -1 10 10251 words
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345 1985-07-01 10 WALL STREET stock prices closed higher in moderate trading on Friday. The Dow Jones Industrial Average gained 3.03 to an all-time closing high of 1335.24. The old mark was 1332.21 set on Thursday. The Dow Transportation Index rose 1.05 to a record 664.09.345 words
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Article110 1985-07-01 10 JUNE 28 Abitibi C$ 18* hup CM Inco 48% 17* 41* unch AJcon 34% 18 21 unch 16* 17* 19* 30% +16* 2* 13% Mc BkxM 21* inch 43% unch 16* BP Con Ltd 32* unch 27* 28% unch IS* 36% 19% 4* 15* unch 32* Cmbl Rd Lk110 words
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Article198 1985-07-01 10 JUNE 2$ Raid Urawc 520 1650 unch INDUSTRIALS A Aloha 920 -to MININGS 2920 +10 175 5 ***** AE And a 800 -5 1325 +10 Butt eh 7175 -125 AMtC 2775 4506 1172 -3 1280 C G Smith 2700 1190 -30 CNA 2806 5 1035 4206 inch 4875 -25198 words
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Article633 1985-07-01 10 JUNE 28 US$ 25* Akoo Alegheny Lud Afted Chwn Cp AM StOTM Afes-Chalmers Am Brandt Inc Am Broodcast Am Can Co Am Cyanarmd Am Etec Pwr Am Exprew Am Horn# Prod Am Moron Cp Am Natural Got Am Tel 4 T«L Amax Inc Amerodo Hes* AMF *c Amr633 words
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Article847 1985-07-01 10 Amsterdam JUMC 28 Fh ABN 458 00 +1 94 70 07 Ahold 230.00 +08 Akzo 110 20 +1.7 amev 247 20 0 7 Amro Bank 79 20 +1.1 Bwfcat 36 90 0 6 Bob 9600 -05 330 00 -10 Botkafe Bt* T«« 88 20 +1 36.80 +1.1 Catv*847 words
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Article60 1985-07-01 10 Reuter BAHRAIN-BASED Arab Ranking Corp has bought a stake in the Dutch construction company Hollandsche Beton Groep NV. Bank official Peter Faberij de Jonge, of the marketable securities department, said the bank took a block of 200,000 shares of the company on May 22, equivalent to 7.1 perReuter - 60 words
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Page 10 Advertisements
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Advertisement471 1985-07-01 10 k m to wiae, din* audi airtaia if A. £T >0 >' Savour our delectable array of spicy, aromatic kebabs in six delicious selections of prawns, fish, chicken, beef and lamb. With a choice of wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement Dt Royal471 words
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Advertisement123 1985-07-01 10 V*>«« I Ftag Ch£ng L6u Teochew V Restaurant for the best Teochew delicacies in town. Discover our famous dian-xin, r delicious steam-boat Teochew porridge and other mouth-watering delights prepared by hong Kong chefs. And feel like royalty while C you dine in Oriental splendour. Open daily from: 11.00 am 3.00123 words
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INTERNATIONAL COMPANY NEWS
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827 1985-07-01 11 Disenchantment sets in as the boom fades NYT PETROLEOS MEXICANOS dominates the Mexican economy Just as the oil giant's 35-storey headquarters dominates Mexico City's skyline. Pemex earned over US$l6.6 billion in badly needed foreign income during 1984, representing more than two-thirds of the country'sNYT - 827 words
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122 1985-07-01 11 Reuter THE NESTLE and Unilever groups plan to merge their fresh dairy product activities in France and Belgium next year. Nestle would be the majority partner in the planned new company, with Unilever the only other partner. A spokesman for Nestle declined toReuter - 122 words
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Article, Illustration584 1985-07-01 11 NYT CBS INC, in its second filing with the US Federal Communications Commission, has again charged that a proposed US$5.4 billion takeover by Ted Turner, the Atlanta broadcasting entrepreneur, would financially cripple a combined company, throwing the future of CBS into jeopardy. The latest document presentedNYT - 584 words
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243 1985-07-01 11 Reuter JAPAN'S THREE MAJOR car tyre makers will this month report higher-than-expected parent company current profits in the six months ending June 30 and in calendar 1985, spokesmen from all three companies say. Bridgestone Corp will report current profit of 20 billion yen inReuter - 243 words
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Page 11 Advertisements
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Advertisement641 1985-07-01 11 id r v r 5 e'. 4 Ct •««*•> r*;,-' <* .w ft C5>N *1 str-M. (Shrill Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting ■Hk > M .m;■ I]::#H: Monday to Friday $26.50 10% service charge 3% CESS SUNDAY BRUNCH $24.00 10% 3%641 words
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Advertisement143 1985-07-01 11 Executive Set lunch Daily $1290 WUKIMV4RILL Menu of the ujaal# TTVVI\ >—"S--3-course lunch prepared in the finest Continental style. Each meal includes a hearty soup and a delicious dessert. Mon Roast Pork Loin Hunter Style Tue Roast Chicken Farmer Style Wed Tender Roast Leg of Lamb Thur Braised Beef in143 words
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RAW MATERIALS
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684 1985-07-01 12 AP, Reuter THE LONDON Metal Exchange has defended its introduction of new regulations on tin trading, saying it had been forced to protect genuine trade interests and to try to halt an artificial squeeze on prices. On Wednesday, officials of the LME theAP,; Reuter - 684 words
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Article260 1985-07-01 12 HOMER CHEN - By HOMER CHEN THE PRODUCE MARKET last week was generally easier. Trading was quiet as speculators lost interest and stayed in the sidelines. In the palm oil market, trading was described by a trader as dull with few features. The main buyers, India and Pakistan were260 words
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272 1985-07-01 12 HUNDREDS OF THOUSANDS of palm oil, rubber, clove and pine trees have been destroyed by fire in the rich plantation areas of North Sumatra in the past week. According to Jakarta newspapers, at least 45 houses had been gutted in the fires, but there was272 words
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266 1985-07-01 12 AP THREE STRAIGHT YEARS of bumper crops have made reality of Indonesia's cherished dream of self-sufficiency in rice. But now the dream has been replaced with a nightmare of oversupply. "When there is not enough we have a stomach ache. When there is tooAP - 266 words
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383 1985-07-01 12 Reuter, Bernama JAPAN SAID it would help countries in Asean boost earnings from sales of commodities. A statement on Friday at the end of two-day talks between Japanese ministers and Asean trade and industry ministers' said they would work together to renegotiate world commodityReuter,; Bernama - 383 words
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770 1985-07-01 12 A FEW isolated features on the London commodity markets over the past week drew traders' attention away from happenings on the foreign exchange front. But currency considerations remained the major factor in most places. The escalation in cash tin prices on the770 words
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Article938 1985-07-01 12 COFFEE ROBUSTA coffee futures on Friday ended £59 to £32 a tonne below Thursday night's close as a weaker US dollar compounded overall bearish sentiment. The market drifted down towards midday on a general lack of trading interest, but dropped rapidly in the afternoon as the dollar fell.938 words
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Article31 1985-07-01 12 r KL TIN k Dot* Closing prices Turnover M$/kilo (tomes) June 24 29.75 283 June 25 29 92 175 June 26 30.03 165 June 27 30.25 105 June 28 30.37 7831 words
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Article151 1985-07-01 12 Chinese Produce Nutmeg Exchanae 110 FOB NSW 446.00 AVI jp w [Sellers' noon dosing pr lone 29. SS/100 kg). icts OA E&W FOB NSW 281.00 Gambier Coconut oil FOB NSW 330.00 9<Jk FOB 107.00 Old drum FOB Mew drum FOB 120 00 124 00 London Commodity I Anr/i151 words
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Article188 1985-07-01 12 THE SQUEEZE on nearby continued to dominate the seven trading days under review, interrupted by the long Hari Raya holiday, as Current One RSS July gyrated between 179 and 185 Singapore cents. Turnover was relatively thin as most operators abstained, unwilling to open new positions until the July situation188 words
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Article170 1985-07-01 12 WHEAT FUTURES on Friday eased late in the session to close two to 2V4 US cents a bushel lower on the Chicago Board of Trade. September ended near the bottom of a 3V4 cent range. Late sales of 2.5 million bushels of September by C and D Commodities and170 words
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Article144 1985-07-01 12 SOYBEAN futures on Friday eased late to close two to seven US cents a bushel lower on the Chicago Board of Trade. November ended near the bottom of a 9Vi cent range. Collins Commodities and C and D Commodities were active sellers of November past midsession, after C and144 words
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Page 12 Advertisements
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Advertisement268 1985-07-01 12 TALAM MINES BERHAD (INCORPORATED IN MALAYSIA) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the 61st Annual General Meeting of the Company will be held at 4th Floor, Wisma SPK, Jalan Sultan Ismail, Kuala Lumpur, on 19th July, 1985 at 10.00 am for the following reasons: 1. To268 words
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MARKET REVIEWS
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Article, Illustration5582 1985-07-01 13 HOMER TAN - II""" By HOMER TAN RUMOUR MONGERS and shortsellers had a field day on the Singapore stock market last week. Feeding on rumours ranging from political unrest across the Causeway to heavy withdrawals from the Brunei branch of one of the biggest banks in Asia,5,582 words
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251 1985-07-01 13 KEEN TRADING in special situation stocks dominated Australian share markets in the final week of the June 30 financial year. Myer Emporium was the most keenly sought stock with Castlemaine, News Corp and Allen's also attracting attention. Brokers said turnover was generally depressed, with251 words
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69 1985-07-01 13 Reuter HONGKONG LAND Co Ltd said it has sold its 30 per cent interest in an office building in Kuala Lumpur to Hongkong Shanghai Banking Corp for HKJ4O million. Following the sale, Hongkong Bank has increased its stake to 70 per centReuter - 69 words
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Article735 1985-07-01 13 JULIANA TAY - compiled by JULIANA TAY Week ended June 28 SCRIP ISSUES Selongor Dredg: Proposed rights issue of one-for-four at $0.50 par. CORPORATE DEVELOPMENTS Apollo Enterprises Ltd has proposed to nominate Messrs Binder, Dijker Otte Co as its new auditor to replace its present public accountants, Goh735 words
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Article1679 1985-07-01 14 GERALD COLVERD - fl |nrp| London PJ Jlnm m By GERALD COLVERD THIS IS THE TIME of the year when families set off to visit the zoo to see the animals basking in the sunshine and providing constant fascination with their behaviour. Unfortunately, during one of the coldest, wettest June1,679 words
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336 1985-07-01 14 K| -1 Hongkong Imj SHK Research THE HONGKONG stock market was mixed last week with the Hang Seng Index rising 10 points to close at 1,570.61. Share prices opened firmer on Tuesday, encouraged by the half percentage point cut in local interest rates andSHK Research - 336 words
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816 1985-07-01 14 m I ew UPI, AP THE NEW YORK stock market traded in a narrow range during most of the week but falling interest rates helped push the Dow Jones Industrial Average to record highs on Thursday and Friday. Over the week, the DowUPI,; AP - 816 words
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Article295 1985-07-01 14 BCI A NEW PEAK of 337.46 was hit by the BCI All-Share Index on the Milan stock market last week in spite of a generally easier tone, as investors paused to consolidate the recent remarkable gains. At the close, the index stood at 333.62,BCI - 295 words
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Article738 1985-07-01 14 ts? 4 K.Lumpur 5 Ĕ A INVESTORS were clearly disappointed with the Kuala Lumpur stock market's performance last week as hope of a rally after Monday's bullish showing fizzled out by the middle of the week. However, as overall sentiment picked up, share prices closed738 words
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Article514 1985-07-01 14 mTokyo IvJ AFP BUOYED by a strong performance on Wall Street, share prices on the Tokyo stock market soared last week. The 225-blue-chip Dow-Jones Average, an 82.16yen loser the previous week, posted a massive 193.43-yen weekly advance to a new record of 12,923.05, after registeringAFP - 514 words
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Article15 1985-07-01 14 Company BONUS ISSUE Straits Trading One-for-four Ex-date: Jun 28 Books dose: Jul 1015 words
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Article116 1985-07-01 14 Company RIGHTS ISSUE Dah Yung One-for-one <a $1 00 per share (Bonus entitled to rights) George Town Two-for-one (a SI 00 per shore Killmghall Two-tor-five $1.15 per shore Peak Hua Three-for-two'fe. $1.50 per shore Sub-division of $1 par into 2 shares of 50 cents each Sateras Res One-for-two116 words
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Page 14 Advertisements
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Advertisement236 1985-07-01 14 NOTICES IHIIIiU TENDER FOR WALK-BEHIND SWEEPERS Tenders are invited for the supply, delivery and commissioning of Walk-behind Sweepers cdfriplete with maintenance tools and accessories to various HDB estates. COST OF HIRING TENDER DOCUMENTS IS $50/- (NON-REFUNDABLE) TENDER COLLECTION DEPOSIT IS $500/-. The deposit will be forfeited if the tenderer fails236 words
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Advertisement46 1985-07-01 14 N* nr II j Expensive A masterpiece of elegance and precision. Ultra-slim. Two independent gas reserves. Finished in chinese lacquer Hand-crafted in Switzerland by I 'g$ CARANJACHE tturanc* Ca-ar a Ac** s nsunatf #9*05: »oss <y*y purc**seG T and Mj awa Te l 33"43R8S ,r \jaoo*e46 words
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COMPANY NEWS
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498 1985-07-01 15 ALAN LEE - By ALAN LEE SO MUCH HAS BEEN said about the controversial Grand United Holdings-Sigma Metal takeover that the independent adviser, Standard Chartered Merchant Bank, found itself repeating some of the more salient points of the bid. The message to minority shareholders in498 words
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Article, Illustration319 1985-07-01 15 HOCK LOCK SIEW - TP I By HOCK LOCK SIEW AS ONE OF THE STOCKS reviewed during the special 'Rating the BT Composite' project I undertook on March 22 this year, Malaysia Mining Corporation was described as still being in a transitional stage. Trading then at about $1.40, MMC319 words
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466 1985-07-01 15 FAST-EXPANDING United Industrial Corporation has, together with a few prominent parties, made a property transaction in the US for US$7l million. It has through its subsidiary UIC Group (USA) Inc taken up a 40 per cent stake in a property, comprising four office466 words
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508 1985-07-01 15 HOMER CHEN - By HOMER CHEN BELEAGUERED stockbroking firm Alfa-Pacific is still trying to clear the last forward contract involving a block of Ambassador Hotel shares registered in the name of Malaysian businessman Datuk Abdul Razak bin Yusof. Datuk Razak, who has since become chairman508 words
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LATEST RESULTS
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Article54 1985-07-01 15 Group operating pre-tax profits of $33.86 million ($30.18 million) for the six months ended March 31, 1985. Directors have declared an interim dividend of 8 cents per share less tax plus a bonus dividend of 2 cents, tax exempt, to be paid on July 29 to shareholders54 words
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Article26 1985-07-01 15 Operat- ing pre-tax loss of $977,000 (profits of $1.8 million) for the year ended March 31, 1985. Directors did not propose any dividend.26 words
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Article33 1985-07-01 15 Group pre-tax profits of MSB.II million (loss of $989,000) for the year ended March 31, 1985. The board has recommended a final dividend of 10 per cent less tax.33 words
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29 1985-07-01 15 Net profit before tax of M 516.8 million ($15.7 million) for the six months ended March 31, 1985. No interim dividend was announced.29 words
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524 1985-07-01 15 By HOCK LOCK SIEW IS A NEW BREED of lawyers with a flair for defensive tactics against unwelcome takeover bids preparing for action in Kuala Lumpur? Or is the trickle of corporate activity going to dry up completely? Neither, probably. But MBf's hostile takeoverBy HOCK LOCK SIEW - 524 words
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Article306 1985-07-01 15 THE MALAYSIAN Capital Issues Committee has still to approve of Raleigh Bhd's general share offer for Cold Storage (Malaysia) Bhd. If the CIC is dragging its feet, Raleigh gives no indication of the reason. But Kuala Lumpur sources who are close to the Emtex-MBf takeover battle306 words
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Page 15 Advertisements
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Advertisement32 1985-07-01 15 Expensive A masterpiece of elegance and perfection. Dressed in genuine chinese lacquer. CARAN JACHE GENEVE Available at selected watch dealers and department stores Sole Agent Li IB BR MANN Tei *****88 Singapore32 words
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Advertisement44 1985-07-01 15 ANNOUNCEMENT We wish to announce that with effect from today, the name of our company has been changed from unrrGD moroß works [maLausia] nomings bgrhbd umui coßPOßanan bgrhsd By Order of the Board Suseeia Menon Secretary Dated 1 st July 1985 Shah Alam, Selangor44 words
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Article753 1985-07-01 16 Major world markets touch record highs Reuter LEADING stock exchanges around the world from Tokyo, Frankfurt, Zurich to Wall Street look poised for further gains after ending the first half of this year in record-breaking form. Continental European exchanges, in particular, have enjoyed a sparklingReuter - 753 words
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Article, Illustration53 1985-07-01 16 Cobbler, cobbler mend my gun Reuter SECURITY duty cannot wait, ao an Indian policaman makaa do with a cobbler to fix tha aling on hia submachine gun belt. Security at the New Delhi airport haa been tightened following the craah of an Air India jet off the Iriah coast twoReuter - 53 words
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260 1985-07-01 16 Reuter INTERNATIONAL borrowers should find willing lenders for the rest of the year as they continue to seek large sums to refinance their debts, the Organisation for Economic Cooperation and Development says. But less developed countries were unlikely to find much of an increaseReuter - 260 words
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Article45 1985-07-01 16 BT REPORTED last Friday that 16 banks had been elected as council members of the Association of Banks in Singapore but only 14 names were mentioned. The two banks which were inadvertently left out are United Overseas Bank and Standard Chartered Bank.45 words
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296 1985-07-01 16 THE FEEDBACK UNIT of the Ministry of Community Development is not out to crusade for reductions of government levies even though it has been successful in getting a waiver on the fee for installing air-conditioners in public flats. "Every case has to be296 words
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Article362 1985-07-01 16 Reuter MONEY WORSHIP is corrupting members of the Chinese Communist Party who should remember that communism is the final goal of China's current liberal economic policies, a party leader is quoted as saying. "The idea of looking out for money in everything and of money worshipReuter - 362 words
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511 1985-07-01 16 LOH HUI YIN - By LOH HUI YIN ALTHOUGH SINGAPORE remains the world's third largest oil refining centre, a drastic fall in capacity utilisation has eroded the prestige of the position. It is estimated that just slightly more than half of the total capacity of 1.1511 words
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331 1985-07-01 16 UPI THE KENYAN government has rejected as unfit for human consumption 40,000 tonnes of emergency grain shipped from the US, and has demanded that the US remove it from Mombasa, the Kenyan Sunday Nation newspaper said. It said the grain, whichUPI - 331 words
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LATE FILE
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26 1985-07-01 16 Singapore and Bahrain have agreed to establish diplomatic relations at ambassadorial level with immediate effect, the Ministry of Foreign Affairs announced yesterday.26 words
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Article82 1985-07-01 16 Reuter A JAPANESE diamond company, linked with a group suspected of massive gold fraud, has been using a goodwill message from the Belgian embassy in Tokyo to promote business. The Kyodo News Service said yesterday that the Belgian Diamond Co, an affiliate of the Toyota ShojiReuter - 82 words
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Article54 1985-07-01 16 AP ABOUT 1,400 people in groups affiliated with Japan's Socialist Party marched past the entrance to the US air base in Misawa yesterday to protest against the deployment of F-16 fighter aircraft there. The protesters also marched around Misawa City, 560 km north of Tokyo, inAP - 54 words
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Article46 1985-07-01 16 UPI EGYPTIAN security authorities have arrested a group of persons, working for the Libyan intelligence service, who were planning acts of subversion aimed at undermining national security and stability. The A 1 Siyassi newspaper said the arrests would be announced this week. UPIUPI - 46 words
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Article52 1985-07-01 16 UPI OPEC MINISTERS will meet secretly in London this week to prepare for its full crisis meeting in Vienna on Friday. The Observer newspaper said yesterday that Saudi Arabian Oil Minister Ahmed Zaki Yamani and ministers from Nigeria, Venezuela and the Gulf would attend theUPI - 52 words
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Page 16 Advertisements
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Advertisement134 1985-07-01 16 ULAN Coort^HH Exclusive A Luxurious Apartments specially designed for ysn... Ideally located at f jtf l" Meyer Place/Katong JCfJT> S Wm Only 15 Units RlWt 18 comprising of TTr_ f |i/!| m 3 flats and irwT* F 12 maisonettes fc/ ||y L Very spacious artmrfJjß jpkfffl q p apartments "jLI134 words
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Advertisement240 1985-07-01 16 Aomin i v WAJNTED-\frur Nominations For Singapores Best Business Brain THE search is on for Singapore's most outstanding business brain, and you are invited to join in. Business Times the republic's foremost business publication and DHL the world's leading international courier have joined forces to find the person who deserves240 words
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Page 16 Miscellaneous
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Miscellaneous60 1985-07-01 16 WlMii&l Outlook for today: Portly cloudy, with showers in several areas in the late morning and early afternoon. Report for 24 hours prior to 7.30pm on June 30 at the airport: Maximum temperature 32.3 Associated humidity 63 Minimum temperature 24.7 Associated humidity 88 Hours of sunshine 4.10 Rainfoll in millimetres60 words
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SHIPPING TIMES
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279 1985-07-01 17 UPI BRITAIN TOPPED the 1984 world list for shipowners' insurance claims to cover strike losses, according to recent figures published by a mutual insurance club. Britain was responsible for nearly half the total of 792 lost working days claimed by shipowners againstUPI - 279 words
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Article93 1985-07-01 17 Reuter NEW ZEALAND food processor Wattie Industries Ltd said its subsidiary, Venture Shipping Ltd, is the fourth partner in a new Australia/New Zealand container service, Tasman Express Line, expected to start in mid-July. The other partners, Scales Holding Ltd and McKay Ship- ping Ltd of New ZealandReuter - 93 words
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449 1985-07-01 17 JUNE LIM - Shippers' councils need to cooperate By JUNE LIM STRONG PRESSURE from independent operators could bring about the widespread collapse of the conference system by the middle of next year, said Mr Sia Yong, chairman of the Singapore National Shippers' Council. So far two conferences have been449 words
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105 1985-07-01 17 UPI MITSUBISHI Heavy Industries Ltd of Japan said it has signed a technological cooperation agreement with state-owned Instituto Nacional de Industria (INI), Spain's largest industrial group. The company said the agreement calls for cooperation in shipbuilding, ship repairs, engine manufacture and offshore construction. ItUPI - 105 words
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PORTSIDES
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Article30 1985-07-01 17 Reuter THE AUSTRALIA Middle East Gulf Conference said it will lower its bunker adjustment factor (BAF) to 10.32 per cent from 13.22 per cent, effective August L ReuterReuter - 30 words
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Article72 1985-07-01 17 Reuter THE JAPAN India-Pakistan-Gulf /Japan Conference said it will raise its currency adjustment factor (CAF) for shipments from Hongkong to India, Pakistan and Gulf ports to 5 per cent from 4.5 per cent, effective July 1. The CAF for Hongkong/Gulf shipments covered by the currency adjustment factor/bunker adjustmentReuter - 72 words
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Article59 1985-07-01 17 CHINA WILL pay U*****,000 in compensation for the loss of 12 South Korean fishermen missing after a collision with a Chinese freighter, the state-run Korea Broadcasting System reported. It said agreement on the compensation w4s reached in Hongkong after negotiations between representatives of the 98-ton Korean59 words
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Article, Illustration415 1985-07-01 18 A LIGHTWEIGHT wharf crane spreader, designed for extra-fast automatic container handling in situations where there is limited access to sophisticated wharf cranes, has won Australia's top award for industrial design. The Cel-Lift Automatic ISO Container Spreader, manufactured by Celsiunator (SA) Pty Ltd, has won415 words
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256 1985-07-01 18 THE NEW board of control for the Multiport Ship Agents' Network has been announced following its re» cent annual general meeting in Singapore. The new line-up is, Chairman lan Mckay (the New Zeland member of the Multiport Network), Vice Chairman, Peter Lea (South Africa),256 words
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131 1985-07-01 18 Reuter FOUR THOUSAND dock workers in Los Angeles and nearby Long Beach ended a 24-hour strike on Friday, but a union official warned a longer work stoppage might occur if stronger safety measures were not enforced. The strike was called to demand moreReuter - 131 words
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Article882 1985-07-01 18 A Top Ent X 2 Lion Huat VI 4 AB Shpg V 5 Lin Lin IX 4 Afeo Line VI 3 Lizena IX 5 Ahrenkiel Liner X 1 Lloyd Brasileiro VI 3 AC Toepfer X 5 Lloyd Triestmo IV 1/2 A PC Line V 4 Lucky Seaway882 words
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Article899 1985-07-01 18 THE freight market on Thursday was featured by a contract of affreightment being arranged for 500,000 mt of coal for shipment from Dalrymple to Gijon, shipbrokers said. The tonnage is to be moved in shipments of 80,000 to 90,000 mt spread from July 1985 to July 1986 with899 words
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206 1985-07-01 19 OCEANIC Finance Corporation las taken a 20 per cent equity in Sundance Cruises, a Seattle-based company operating a luxury liner on the US west coast. Oceanic's stake in Sundance Cruises is the company's first outside equity participation. Partners in the joint venture are McDonald206 words
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445 1985-07-01 19 Lloyd's List ONE-QUARTER OF Japan's deep sea merchant seamen are surplus to requirements and face being laid off if shipowners' demands are allowed. The annual meeting of the Japanese Shipowners' Association (JSA) passed a total of eight resolutions, and according to officials, theLloyd's List - 445 words
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Article114 1985-07-01 19 Reuter HALLIBURTON COMPANY said its Brown and Root Inc subsidiary is studying whether to take a writedown on certain investments and marine vessels due to extended depressed conditions in the marine construction industry. The writedown, if made, "could be significant" to Halliburton's consolidated 1985 net income, theReuter - 114 words
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Article604 1985-07-01 19 YUGOSLAV interests were reported to have paid US$lB to $22 million en bloc for four cargo vessels last week, secondhand tonnage brokers said. They are the 1978-built Songkhla of 23,314 dwt and Sam*» of 23,771 dwt and the 1979-built Sinaloa of 23,721 dwt and the Sienna of604 words
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156 1985-07-01 19 AP THE BRITISH National Union of Marine, Aviation and Shipping Transport officers protested to Iran over the holding of nine British officers on board a Kuwaiti freighter seized in the Gulf of Oman two weeks ago. The Kuwaiti-registered 23,000ton Al-Muharraq, wasAP - 156 words
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3089 1985-07-01 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.3,089 words
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Article748 1985-07-01 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location P Van Buren 140W 01.7.85 2300 APL F8 0930-1100 N3 Laura Maersk 8508 01.7.85 2330 Maersk F5 1030-1130/0900-1030 Ul/Wl E Garden 005RW 01.7.85 0500 G748 words
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Article1683 1985-07-01 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Boustead Shpg Agencies Afeo Line Africon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepter Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK)1,683 words
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Article325 1985-07-01 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 1.7.85/1500 Hua Wah K19 Guan Guan alongside Ned Loire K12 Ned-EAC alongside 1.7.85/1700 Stolt Pride K29 Stolt alongside 1.7.85/1000 Benjamas K17 Leo 1.7.85/1500 3.7.85/1500 Bintang K29 Samta 1.7.85/1000 2.7.85/0100 Bulat K27 Sharp 1.7.85/0600 2.7.85/0600 Fengtai K35 Y325 words
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Page 17 Advertisements
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Advertisement628 1985-07-01 17 A MEMBER OF THE C.Y. TUNG GROUP ORIENT OVEHJEAS CafdcjMtA LINE Agents: \XHO MOW SMffM WDICfS (Rig Pl» 2421M/MK) mi 70 Shenton Way #MO3 Marina Noase Sn*W« 0207 TO *****11 Tde NO RS ***** CFS OfFICE TPC #03-029 Te»: *****31 *****32 luminal Office TPC #03-030 Te» *****90/*****93/*****01 m m rn628 words
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Advertisement156 1985-07-01 17 mm A LIGHTWEIGHT crone spreader, designed for extra-fast automatic box handling, has won Australia's top award for industrial design. Page II ONE-QUARTER OF Japan's deep sea merchant seamen are surplus to requirements and face being laid off. Page 111 Index to advertisers II Weather map VIII London freight II Container156 words
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Advertisement1023 1985-07-01 17 A hard look at what it will take to succeed in business tor the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. TIMES THE BOOKSHOP MAERSK LINE F d Jiang P,nang V 1 Mr HOC HRS 30 toe 2300 MS s'por* I EXPORT TO USA. EUROPE.1,023 words
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Page 18 Advertisements
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Advertisement317 1985-07-01 18 Y AM ASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Faadar at Tokyo IMhct VSI U/IB S KASHU 3/1 p. mbow u/t BEBHU M. 17/1 J. APOLLO 24/1 Pacific North Waat Faadar at Kotoa Mottm VSI SWT ¥OI S KBHU 7/1 B/B HYUGA 12/1 13/1 I ALLIANCE 17/1 11/1 TOKYO M 27/1 2t/l317 words
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Advertisement453 1985-07-01 18 Supercarrier Service lILLJM NCXT ARRIVALS BARBER PERSEUS V 7. BARBER HECTOR 26/7. BARBER PWAM 6/1 TO: CAUFORNIA PANAMA US ATLANTIC US GULF E. CANADA Mm Kcqxm cartn tor (MLB). I Fr*»». (htat Stocit.. and San teg* «a I tagetov TO: CARIBBEAN CENTRAL AMERICA U/S 13/1 22/8 M/» 2/8 4/5 12/1453 words
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Page 19 Advertisements
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Advertisement680 1985-07-01 19 The Straits Steamship Group L Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [COWAINERSHIP SERVICE TO UK /CONTINENT 5T CITY OF EDMBURGH to* 10 express OK BORNEO »i=: ;i'.: J i CONTAINERS** SERVICE FROM UK/CONTINENT The swire china Navigation Co.680 words
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Advertisement841 1985-07-01 19 NOTICE ANNOUNCEMENT KANSAI LIKE are pleased to announce the appointment of their undermentioned new agents in Singapore and Malaysia effective Ist July 1985 UL Hai Sun Hup Co (Pte) Ltd SINGAPORE 15 ENGGOR STREET #10-03/04 REALTY CENTRE SINGAPORE 0207 TEL *****06 (20 LINES) TELEX: RS ***** RS ***** FACSIMILE *****48841 words
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Page 20 Advertisements
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Advertisement550 1985-07-01 20 m «ji u Hapag-Lloyd j| TO CONTINENT/UK EXPORTS On camaf« to Scandnavia, Med, Carribean &S. America Hand haulage to Wand destinations in Europe Feeder Bcfuvon Hambwg Eipress Hamburg Express Osaka Bay Osaka Bay Liverpool Bay Lmrpwt Bay Hongkong Eipress Express Hantaan Bay Kontoon Bay BtfuUcr Connecting mi Kobe Connecting in550 words
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Advertisement237 1985-07-01 20 t FULLY CONTAI Njjn SE D _S E_R VICE TO EUROPE Vl* SUEZ 1 K*"*" of ttw Ace Cwnortun wm FULLY CONTAINERISED TO/FROM NOflfH AMERICA WTSI i-UAbl PK* Spoit* IKH IA OaMjnd S«Jttt* VmBC HK Si*"' 4/7) 2/7 I 10/7 27/7 30/7 1/8 2/8 20/S 27/8 CONVENTIONAL SERVICE To/From BUS237 words
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Advertisement470 1985-07-01 20 LINK SINQAPORE/lANSKOK TWICE A WEEK With Refer. FCL I LCI Container Service Ag*nta: -a f >-«-*■» m 1 a. |y Bitfuc iranpsn rvMpn rvnrrai iivniiM u. in 325 S.PM Bldg, S/7om Ad, 7W: *****93/5 SIN CHIAO SHIPPING of CMm M*«. IS-00 Ton NO. RS *****/RS ***** TIL *****1 COS CO470 words
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Advertisement741 1985-07-01 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) US WEST COAST SERVICE FAR EAST/RED SEA/MEDITERRANEAN SERVICE HQ OMMARD bftrt no own 1/7 no OKD 18/7 IRR-fORTME 24/7 no ocv* nn ALSO ACCEPT* CARGO TO: 1) US HUMS. TOOK. C»Ti. KUUXI PUB LEGHORN GERM741 words
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Page 21 Advertisements
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Advertisement807 1985-07-01 21 V\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA WIRAMA KOTA TIMUR KOTA WANGI KOTA RAJA KOTA RAKYAT EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SINGAPORE LOADING FOR: E-566 26-27/6 3-7/7 TAMATAVE, MOMBASA. DAR-ES-SALAAM E-573 26-30/6 6-10/7 ADEN, HOOEIDAH, JEDOAH. PORT SUDAN, AOABA CP/30/65 16-20/7807 words
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Advertisement743 1985-07-01 21 EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND JAST MALAYSIAN PORTS IKJJEBSEN LINE K. NEW ZEALAND TO NEW ZEALAND, CAPUA NEW GUINEA AND SOUTH PACFIC OSAKA BAT/OSEN TAIRANGA 3S o P Moresby Auck Taur Hap** 1/8 9/8 16/8 Tmaru Bkitt743 words
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Advertisement531 1985-07-01 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF MAiAPAMT *21 M Go*» *21 WEST BOUND ALSO ACOTTPS CAMO TO CIUMMtI ALSO ACCEFTMG BOTH CONTWBtS. CONVENTIONAL CARGO VIA T/S TO UK ran. HUU. LEHAVK OSLO. COPOMKDt AARMUS. GOnOBUBC AIO KLSMKL Ajenh EKA JAYA AGENCIES THtptane 9137?? t«uwat tMM M SISAL PTE LTD Til PtN»*G531 words
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Advertisement623 1985-07-01 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR (Burmese National Line) Loadnf for Ranfoon S'pore P.Ketanj Htoneywa V2O2W In PI/2 U Pa-an VSSN 5/7 M Ptushwefyawywa V 256* 12/14 M Pagan VWW 22/24 U BANK LINE SEM-CONTAMER SERVICE TO UK/CI SPORE R'DAM HULL HMBG TOANA PAPUA 4 Jul 30 Jul 8623 words
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Page 22 Advertisements
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Advertisement1103 1985-07-01 22 K LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND vto IPI/MICROBRIDGE ft MINILANI) BRIDGE) FEEDER/ MOTHER VESSEL MAETERLMCK V6E OREGON BRIDGE V 2 LIONS 6ATE BRDGE V 35 HAKOIK MARU V2S SEVEN SEAS BMDGE VSOE NEPTUNE EMERALD VII JOHORE BRDGE V 45 PIANTM Vl4 STORE PKLG1,103 words
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Advertisement616 1985-07-01 22 ii U CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lo.Ml.ne tor 10S MKlltS SAN fRANCISCO SEATTIf IACOMA VANCOUVIR BC A., epting FCI fCI Containers P Mane Singapore I Angrtes BHAVABHUTI" 9/1$ U 5 Aug AUSTRALIA EXPRESS CONTAINER SERVICE Aufplmg fCI FCI Containers KABIRDAS 4 S July 30 lune 3 luly616 words
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Advertisement590 1985-07-01 22 SANKD ASIA FROM JAPANfSI PORTS ANO HONGKONG PKeUnt 1. PALIkSTAR rat GO 2 BU.AT 3. GOTOHG ROYONG 4 GOLDEN VALLEY 5. FUKU2AKI MARU 6 HOSHO MAItU 7. NPPO MAJtU 1 M K 27/1 U 3/4 M 7/1 M 7/1 M 10/12 M 13/15 U 5/6 U 9/10 U 9/10 U590 words
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Advertisement520 1985-07-01 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa 1 Plaza Singapore 0207 Tel *****11 ilO liiesl o BREAKBULK SERVICE TO EUROPE/UK S pore P *»> ATREUS *****08 ANANGEL HAPPVESS *****09 ROTT/ANT/UJI (AVON) ROTT/ANT/UJI. (AVON) Nantet/Bardeau A t ents SnCKMtt MTRASEA (fit) LTD BOOKMG *****11 K Lunpw BMTANG SIVPMG CO520 words
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Page 23 Advertisements
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Advertisement1030 1985-07-01 23 NOL NEPTUNE ORIENT LINES LTD I TO EUROPE/UK (VIA SUEZ): 0 CHEF 44W+— K JACEJM 29W N CRYSTAL 30W.... MAETERLINCK 7W.. SS BRDGE 51W C PAUL 45N Also accepting cargo to/from Scandinavia 0 CHIEF S'pore Closing Times: FCL Cargo 2359 2/7 LCL Cargo 1200 2/7 FROM EUROPE (VIA SUEZ) SURABAYA..1,030 words
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Advertisement531 1985-07-01 23 HEUNG-A SHIPPING Korean Flag Vessels DOMAW SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON SPiWt »(,INIS WPTUNE AGINCKS Plf lID lei ?!899/7 7/BS4J4 ißoo*«.{s) ???7510 ??1?0?? (OpffitKms) ????*»< ??09?»4 <t»rr™njh ??0?4S0 ??0?504 <CFS» Mi I'Slt tUNIS TUNAS SHIA SON RHO Kl IH *****0 *****4 PK Ifl *****4 PIN lei531 words
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Advertisement1051 1985-07-01 23 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SJNSOV BUI DWG 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK AT NAH SOON SON BHD IST AND ?ND FLOW NO 1 JAIAN CEMPENMG PORT KLANG1,051 words
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Advertisement35 1985-07-01 23 SIM SWEE JOO SHIPPING SDN. BHD. i EXPRESS TO BINTULU P Keiant Ludnc to ERISED SERVICE Kudwt Sbu, Brtufei. Mri. KK A cents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6/7 K.L. *****7/*****1 Penang ***** VA35 words
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Page 24 Advertisements
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Advertisement593 1985-07-01 24 Regional Container Lines 4 Sailings weekly Fast Reliable Regular Punctual Berthing P.S.A. Mon, Tue, Thur, Sat Idol REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA RATU CONSORTIUM 176N/350 4 M RATII KONSORTRJM *****/352 11 Ad RATU KONSORTRJM 178N/354 It Ad RATU KONSORTRJM 179N/35t 25 Ad HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER I593 words
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Page 24 Miscellaneous
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Miscellaneous156 1985-07-01 24 r vL K& MM ■4k fA A m s 1L T<Ik Is c crWind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C yA\ Weather s-S w "*l direction with speed in knots Rain Wave height Cloudy Sky Slntern156 words
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Page 25 Advertisements
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Advertisement170 1985-07-01 25 COLUMBUS LINE PNG PACIFIC LINE S'pore P. Kelang LOADING FOR TBN 10/7 12/7 P.Moresby, Loe, Oroboy, Kovieng Kieta, Kimbe, Alotau Also colls direct to Biollo and other PNG ports subject to inducement. Heovy lift vessel available. Fof Freight Bookings ANDEKA SHIPPING PTE LTD TEL: *****45, *****50 TELEX: RS ***** ANSHIP170 words
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Advertisement152 1985-07-01 25 REGULAR SERVICE TO INDIA E 5228E3 I CONVEMTIONAL/CONTAINER t-Sa,iiihvaiiiH (ill i^L.ln CONCORD LINES REGULAR CONVENTIONAL SERVICES HOT ETA EID LOAOMG FOR CONCORD ANGEL 6/SS 2/7 4/7 PAUMMNG, PIAJU CONCORD BOWK 5/S5 25/7 21/7 CtfTTAGONG *M» accept, Phnom Penh, lluiiaHi, Bombay. Banfkok CONCORD MARINE PTE LTD 7 >»l #03-21. P>(jr Canptai152 words
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Advertisement450 1985-07-01 25 OCEAN BRIDGE SHIPPING PTY LTD, '(g)i- FREMANTLE REGULAR SAILING TO FREMANTLE MV HELEN COAST ETA 3/7 ETO 1/7 iv Shipping C I #20 nfw lone Efl( Bktf Sxfjpart 0106 I# 223(272 4 Cheng Lie Navigation Co., Ltd. com ami soma to un» okhon»ong/tiunwi STOK BKK MM HE KM) CHUNG IE450 words
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Advertisement99 1985-07-01 25 P2, FINE-LINER SHIPPING PTE LTD Itowdfiow Iwdwtrltl Park, S'pora 0314 TLX: R> 22M1 RJMEB TEL: 274W82/C/C ACCEPTING BOTH FCL AND LCL hVM IWMU'B'' ...Ml CALCUTTA MAMAS. CHTTAGONE P LIN LIN SHIPPING PTE. LTD. 1 Magazine Road. »OSO6 Central BuNdtng. Singapore 0105 Tat: 533M14 *****22 WEEKLY SERVICE SINGAPORE TO KUCHING SIBU99 words
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Advertisement60 1985-07-01 25 LIZENA PTE LTD PROMPT SNIPPING LINE SA. KSUUt RORMY LID JDNO TO RBT WKM PORTS HMKIANG CAKF* KHAI CMKER n» STORE Mr LOW COTONOU. 00UM.1. IMTNX TOM FKX TOM. DMM 30th My LOW OROOO rOMTtNOK MKTMM. TOM MKM hut GBOULMOm: WEN CHAWO lIWIIQ A ENTERPRISE* PTE LTD It ANSON ROAD60 words
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Page 26 Advertisements
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Advertisement289 1985-07-01 26 WORLD LINE EXPRESS REGULAR SERVICE JAPAN/HONGKON6/STRAITS VESSELS ASIA* MGOSY GOUJOt LAKE I BUCK MULE OMENTAL ACE Al NSC rowte bt S«f jporr Gen i Support al PfN Gd*. P2 ent NffOK EXMESS (S) PTE LTD Nortd Trad* C«ntr« 1 Maritime Squrt #09-51 Snfapwe 04M Tct *****11 ent ALLY A2RAN HOLDMGS289 words
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Advertisement248 1985-07-01 26 iM EAST ASIA LINE^ -J (Mojaystan Flag) Rsguter Liiwr B«twM(i M'SIA/S'PORE/INCXA P. Kelang Penang S'pore L6q for AMAH S* 4 Citato* MEM PERTAMA 5/7 2/7 Ma*«s/tte REGULAR JAPAN/STIAITS/ JAPAN SERVICES LAMBOR 17/7 W/7 15/7 MAm EAST ASIA SMPPWG SON. BM). PJ(. Tel: *****2/36 MFBC Ki. Tefc *****1/*****0 COMER SWPMG. STORE248 words
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Advertisement685 1985-07-01 26 C.Y. LINE (A Mtmbtr Of Tho ACE Consortium) CHO YANG SHIPPING CO. LTD mur cnnunscD somct to euiok <w suezj ORENTAL CHEF 44N KOREAN MCE AN 2IN NEPTUNE CRYSTAL SON MAETERLMCK m LcHkm Rdjffl Fslmk Htv| Bun A*»tip 22/7 23/7 K/l 27/7 21/7 10/7 29/1 30/7 1/1 3/1 4/1 0/1685 words
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Advertisement1026 1985-07-01 26 COMPAMA PERUANA DE VAPOREES (CP.V.) "PERUVIAN STATE LINE" p loidmg tor Cabo KUlatini lo iral J* other Permian poets tntti trjnshpwent at Koto M On CPV Through Bdh ot l«J.ng to tin* destination A fenjnf* P. KeUnf Smcqwt S MURRAVEVERETT 11/12 M 13/14 M A THOMASEKKTT 29/31 M 1/2 ta|1,026 words
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