The Business Times, 2 July 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, JULY 2, 1185 60 CENTS
    12 words
  • 429 1  -  Dealers expect sluggish market to continue By JEFFREY TSANQ FAINT SIGNALS that the fall in car sales may be levelling off are contained in the industry's figures for May. May sales were down 40.2 per cent compared with the same month last year
    429 words
  • 412 1  -  By JAIME LYE SOARING COSTS in Hongkong are encouraging tourists to switch destinations and head for Singapore. So far, the effect is marginal and the evidence anecdotal, but several major inbound tour operators are convinced the real benefits will come later this year and next, when
    412 words
  • 484 1 BETTER COMMUNICATION between hotels and government and a stronger drive to attract more people into the industry are being planned by the Singapore Hotel Association (SHA). In an ambitious scheme to help the struggling industry, marketing and manpower have been classified as
    484 words
  • 146 1 Reuter ONE PERSON was killed and 12 were injured when a bomb blasted offices of British Airways and Trans World Airlines yesterday in an attack which Spanish officials linked to the Beirut hostage crisis. Spanish police said the blast appeared to be part of a
    Reuter  -  146 words
  • Article, Illustration
    85 1 IN SPITE at a strong toad from last Friday's record-breaking utii fi uisnrr sa Wall Street, the Singapore stock market fell sharply across the hoard yesterday. Bat trading volume was very thia, which some observers say coald indicate aa ead to the latest roaad of selling pressure. Oaly
    85 words
  • 486 1  -  By FOO CHOY PENG DETAILED PROPOSALS for placing pensionable civil servants in the full Central Provident Fund scheme are expected to be completed by the government by the end of the year. Ministry of Finance officials are scheduled to meet
    486 words
  • 421 1  -  By YAP BOH HOON OWNERS OF PUBLIC FLATS need not pay the resale levy to the Housing Development Board when they upgrade their housing. There are other options. This revision of the HDB policy on the resale levy was disclosed by the First Deputy
    421 words
  • Page 1 Advertisements
    • 68 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Protect your office carpet with Permasil trip-proof plastic sheet '4 P* Permasil clear plastic sheets protect carpet and increase mobility Roof leak, floor chipping, wall paint flaking, v! rust protection? PermasheteJ Use Permasheld protective coating For industrial applications I For domestic applications 7 W«?//
      68 words
    • 298 1 BT's Top 100 THE VITAL STATISTICS of Singapore's public companies have been fed into the computer once more for BT's half-yearly listing of the Top 100 in terms of market capitalisation. Find out who has moved up and down on Friday. Hotel training school to got $1m donation, Pago 3
      298 words
    • 5 1 Rmqwi welcomes r»l»»», P»9» 4
      5 words
    • 136 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM China's possibilities and pitfalls CHINA'S 'capitalist revolution' has opened up many opportunities, but is also presenting problems. Economics correspondent ZHOU MEI has been learning from a leading Chinese scholar, Professor Joyce Kallgren (left), about the possibilities and pitfalls that confront the Dragon. Sm Page
      136 words

  • HOME NEWS
    • 392 2  -  Far East Computers appointed new distributor By BOEY KIT YIN SPERRY LAUNCHED its latest UNIX-based computer yesterday, together with an announcement that its new distributor is Far East Computers (FEC). It hopes, through these two moves, to capture a slice of the regional
      392 words
    • 134 2 CANADIAN SOFTWARE companies, attracted by Singapore's "software development infrastructure", will be looking for joint venture opportunities with local companies at a computer exhibition. Mr Richard Mann, president of National Software Workshops of Canada, which will field a group of Canadian software houses at ComputerAsiaBs from Aug
      134 words
    • 431 2  -  By JAIME LYE SINGAPORE'S hotel training school is to receive $1 million from the Singapore Tourist Promotion Board (STPB) to ease its burden of high running costs. The $1 million donation to the Singapore Hotel Association Training and Educational Centre (Shatec) will be
      431 words
    • 286 2 LOCAL SUPPORTING industries engaged in heat treatment and metal processing may look forward to a technical assistance package in heat treatment technology from the Singapore Institute of Standards and Industrial Research (Sisir) this month. The package, which comprises a training course followed by consultancy in individual plants,
      286 words
    • 261 2 THE JUDGES of the "Name the Sculpture" contest agreed that the winning entry "Fusion" best described the untitled work of French sculptor Hanich. More than 600 entries were received for the contest, which was organised by American Express. The entries came
      261 words
    • 159 2 PHILIPPINE interior designs will be on show in Singapore from July 2 to 4, as part of a tour of Asian countries by a team of Filipino designers. The tour has been organised in a bid to open markets for Philippine furniture and furnishing, according
      159 words
    • 218 2 THE MAN WHO SPENT the last three years in Singapore churning out calculators, keyboards, integrated circuits and other electronic products for HewlettPackard has been given a new job that covers three-quarters of Asia. Mr Walter Sousa, an American who came to Asia in
      218 words
    • 410 2  -  By LISA LEE THE NOODLE GARDEN restaurant has been closed while the owners re-tender for the ground floor shop at the Golden Shoe C&rpark. The restaurant, which started business at the Market Street outlet in December last year, will be
      410 words
    • 579 2 Seminars and courses DURATION July 10 July 10-12 July 11 July 11-12 July 15 TITLE Foreign Exchange and Treasury Techniques The Psychology of Winning Seminor on Bank Taxation Developing High Performance Teams Put It In Writing VENUE Shangri-La Hotel SIM Conference Room Pavilion InterContinental Novotel Orchid Inn RGA Training
      579 words
    • 391 3 A STRONG sales drive is being prepared by Singapore's Renault distributors, following a move into new premises in Alexandra Road, after a year of using temporary premises following a split with Porsche. Located in a 3,700 sq m plot between Alexandra Road
      391 words
    • 130 3 BANK OF AMERICA is bringing one-stop banking nearer reality with an insurance agency service which it launched for its customers yesterday. Customers who need fire, marine and air cargo insurance can now do so through the bank without having to go to an insurance company. Bank of
      130 words
    • 423 3  -  By PENG AILIAN THE PUBLIC SERVICES Commission announced yesterday the names of five students who have been awarded the prestigious President's Scholarships for 1985. A spokesman for the PSC said that while the successful candidates were selected on the basis of academic ability, other factors
      423 words
    • 423 3  -  By SHAHRIR ARIFF HOTELS WORLDWIDE could soon be using Singapore-de-signed electronic control panels for guest rooms. Fee Lun Engineering, established last July, has already sold about $500,000 worth of panels—the switches at the bedside which control the lights and radio to the Oriental
      423 words
    • 199 3 SINGAPORE Airlines will start flying five times a week to the US via Tokyo this October. This was the result of a compromise agreement reached between the US and Singapore governments in a series of talks in Washington which stretched past the scheduled
      199 words
    • 73 3 BILL GIBSON, a New Zealander, has been appointed managing director of Atlas Copco (SEA) Pte Ltd, the Singapore subsidiary of Atlas Copco AB, a Swedish multinational. Mr Gibson joined the company 14 years ago, first specialising in mining and construction technique and was its regional manager
      73 words
  • Page 2 Advertisements
    • 53 2 In Singapore our faultless service is only matched by our spectacular architecture. THE PAVILION INTER- CONTINENTAL SINGAPORE m •p V >' V\\ > V \r< I,'/ is THE ADVANTAGE IS INTER CONTINENTAL 0 INTER-CONTINENTAL HOTELS Onr CuMixlrn Road. Singapore 1024 Phone *****JV Trlt'x RS 372 SINIHC For reservations call your
      53 words

  • Page 3 Advertisements
    • 277 3 ;S IC •V m.mmm P mfflm WM STEP TWO: Team up the Olivetti ETV 300 with your ET 111 to form a complete word processing system. v smt* m. mbxnfhtl v: X. if >«&•« *vv > > W&i *4s:py-; mmm wmm wmmm. ■:W Your first step towards word processing is
      277 words

  • OVERSEAS
    • 746 4 Terrorists get a warning from the President NYT PRESIDENT REAGAN welcomed the release of the American hostages on Sunday but said the US "will not rest until justice is done in Beirut as well as El Salvador". Mr Reagan, in a nationally-televised speech from the Oval Office,
      NYT  -  746 words
    • 454 4 Reuter SYRIAN EFFORTS to obtain the release of 39 US hostages held by Lebanese Shi'ite Muslims in Beirut have reaffirmed its role as a key regional power broker. Its intervention could also lead to improvement in ties between the US and
      Reuter  -  454 words
    • 344 4 Reuter A NEW INQUIRY into the death in detention of a black leader, which prompted an international outcry and a United Nations arms embargo against South Africa, opened in Pretoria yesterday. A South African court has ordered the country's medical
      Reuter  -  344 words
    • 169 4 AP PRINCESS DIANA turned 24 yesterday and found herself in public controversy over an expensive ring on her left hand which she did not get from Prince Charles. The gold ring, encrusted with diamonds, is worth £10,000, according to The Mirror newspaper, and £5,000
      AP  -  169 words
    • 207 4 Reuter PRESIDENT Ronald Reagan of the US, in the latest of a series of off-camera quips, Joked that in the event of another hijack crisis, he would send in "Rambo", a popular blood-and-guts US film character. Mr Reagan's comment on Sunday was
      Reuter  -  207 words
    • 304 4 Reuter PRIME MINISTER Margaret Thatcher strongly criticised Britain's main European Economic Community partners on Sunday, signalling a new low in relations between them. Mrs Thatcher told the British Broadcasting Corporation that the Milan summit had ducked difficult issues by calling a special conference
      Reuter  -  304 words
    • 93 4 Reuter BRITAIN'S senior businessmen were concerned about rising inflation and did not accept the government's view that the figure would be down to 5 per cent by the end of this year, the Institute of Directors said. The lOD's latest survey of business opinion, based on a
      Reuter  -  93 words
    • 442 4 UPI COMPUTER-RELATED occupations remain highly segregated by sex, with women earning lower wages and men dominating the high-paying executive posts, a new study shows. "High-tech may produce integrated circuits, but it does not necessarily produce an integrated work force or eliminate earnings differences between men and
      UPI  -  442 words
    • 757 4 ARRIVALS Operator Sorvic* Local ton* From sv SV379 0115 SEL PAA PA21 0020 LAX/TYO/HKG CAL CI33I 0130 TPE MAS MH601 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH8II 0940 P€N RBA BM21 1000 BWN SIA SQ103 1005 KUL CPA
      757 words
    • 401 4 Reuter THE FRENCH CABINET will set a framework for its next budget this week and ii is understood it will be one of the nose austere of Francois Mitterrand's presidency. The budget will continue the current policy of encouraging technological investment and industrial modernisation through
      Reuter  -  401 words
    • 89 4 Reuter ISRAEL'S Cabinet has approved a wide-ranging emergency austerity plan including an 18.8-per-cent devaluation of the shekel. A Finance Ministry spokeswoman said the government also decided to freeze wages and prices for three months following a one-time rise. The new rate was 1,500 to the
      Reuter  -  89 words
    • 267 5 AP RONALD REAGAN, Mikhail Gorbachev and Deng Xiaoping are all intelligent men who want peace, Armand Hammer, the globe-trotting US industrialist, said. But communication needs to be improved between the American, Soviet and Chinese leaders, the 87-year-old chairman of Occidental Petroleum Corp said. He urged
      AP  -  267 words
    • 281 5 NYT AMERICA and Vietnam appear willing to consider opening a US technical office in Hanoi to hasten the process of accounting for US servicemen missing since the Vietnam War, according to statements from both countries. The Reagan administration, in
      NYT  -  281 words
    • 149 5 AP THE US and Indonesia have reached an agreement that will allow Indonesia to export more textiles to the US. The Kompas newspaper yesterday said the weeklong US-Indonesia talks in Bali ended on Saturday with quotas set on 34 textile products from Indonesia, compared with 23 products
      AP  -  149 words
    • 164 5 AFP A COURT in China's special economic zone of Shenzhen bordering Hongkong has handed down suspended death sentences on two Hongkong residents for smuggling goods to the mainland The court said on Saturday that the death sentences on Tse Tan, 53, and Tse Wai-Ping, 24,
      AFP  -  164 words
    • 520 5 UPI WITH THE Golden Triangle now serving the Golden Arches, each order of French fries eaten at the new Bangkok McDonald's means less heroin entering the world drug trade. McDonald's has not ventured directly into opium eradication in Thailand, but its demand
      UPI  -  520 words
    • 165 5 AP TAIWAN'S Defence Ministry has reorganised its intelligence apparatus following the conviction of three senior military intelligence officers in the slaying of a Chinese-American writer in California last year. In a terse statement on Sunday, the ministry said it was merging the Intelligence Bureau and
      AP  -  165 words
    • 332 5 BUMIPUTRA MALAYSIA FINANCE COMMITTEE OF ENQUIRY Bernama BUMIPUTRA MALAYSIA Finance (BMF), the Hongkong subsidiary of Bank Bumiputra Malaysia Bhd, gave "highly imprudent" loans worth more than Ms7oo million to the Carrian group of companies within just six months, most of which
      Bernama  -  332 words
  • Page 4 Advertisements
    • 173 4 t Now that the much awaited Astridville development in district 10 is ready for occupation soon, come take a peek at the showflat and be bowled over by the enchanting aura of Astridville. The result of uncomprising commitment to quality and detail is here for you to enjoy. Available for
      173 words
    • 11 4 ;f Pan Am's 747 SP "fspx latest Daily to j&w New\brk.
      11 words

  • Page 5 Advertisements
    • 99 5 It's the next best thing toyour own private plane. When you're on a hectic business schedule, the last thing you need is a hectic flight. But you do need convenient flights and plenty of them. So, while we can't quite promise the flexibility of having your own aircraft, we can
      99 words
  • Page 5 Miscellaneous
    • 91 5 Doonesbury BY GARRY TRUDEAU mmriou 2WWKIrtCSW ZSH-Ss YOURSELF TANNINGS iooom- TUB* vmN3 u&esoaooocfises /VS? OFSRHCANCERIN THE US. LAST TEAR. I IF you, A FORMER mpFCFE&MALW&r,mm ON THE AIR ANPURGEPKJPS TO 6ET OUT OF TAMING,THE IMfHCT COULP BE ENORMOUS! BUT..BUTTMUNDER A UJT OF PRESSURE Ott&UH FROM MY STUPES HER& WRPEAN. UHERE
      91 words

  • WORLD BACKGROUND
    • 793 6 Members may not be able to overcome differences this time NYT THE ORGANISATION of Petroleum Exporting Countries will begin its annual conference in Vieona on Friday amid growing scepticism in the world oil community that it can stop the current slide in oil prices
      NYT  -  793 words
    • 633 6 AP "LIVE OR DIE the choice is yours." The choice can be found in the backwoods of Alabama, the mountains of Colorado and the dfssrt of Arisona. It costs U552,500 and can turn you into a hired <>——*" or merely bolster your ego. It Is a
      AP  -  633 words
    • 672 6 AFP FOREIGN MINISTERS from non-communist South-east Asia will meet in Kuala Lumpur next week to discuss a new peace plan for Cambodia and how to forge meaningful regional cooperation in trade and industry. Diplomats said that the foreign ministers of Asean would study
      AFP  -  672 words
    • 838 6 UPI IN A TOPSY-TURVY AGE in which a plumber earns more than his accountant and appliances come easier to install than to operate, there has been a revolution of sorts. People want to do everything themselves: install their own sinks, plug in their
      UPI  -  838 words
  • Page 6 Advertisements
    • 409 6 THE INSTITUTE OF INTERNAL AUDITORS INC. SINGAPORE CHAPTER 1985 CONFERENCE ON AUDITING AND COMPUTER TECHNOLOGY Organised for Internal and External Auditors, Accountants, EDP Executives and Managers to keep pace with the changes and challenges presented by Computer Technology on the Auditing Profession TOP INTERNATIONAL EDP AUDITING PRACTITIONERS WILL OFFER VALUABLE
      409 words

  • BANKING AND FINANCE
    • 572 7 SINGAPORE THE US dollar yesterday closed lower against most major currencies in thin late trading on the back of disappointing US economic data. The dollar closed weaker at 3.0270/85 marks against New York's Friday 3.0320/30 close and at 247.85/248.00 yen against 248.45/55. It closed easier at 2.5365/80 Swiss
      572 words
    • 259 7 Interbank rates at 3pm yesterday: Local dollars to quoted r* •lordiy c rooo parity ctwngo oa« unit of foreign currency: US doHor 2.2295 2 2305 2 8196 -2093 Siting pound ***** 2.9275 7 3469 -60 20 Australian dollar 1 4881 1.4910 3 4286 -56.60 NZ dolor 1 0813
      259 words
    • 443 7 Reuter WITH THE US Treasury's US$l7 billion mini-refunding successfully digested and the American economy still far from robust, analysts say the immediate outlook for the US bond market remains fairly bright. Writing in weekend newsletters, the analysts said the Federal Reserve would keep erring
      Reuter  -  443 words
    • Article, Illustration
      266 7 Asian market PERIOD Asian dollar deposit rates extended earlier losses in thin afternoon trading on lending interest while short-dates held steady. One month closing at 7V< 7%, three months at 7-13/16 7-11/16 and six months at 7H 7%. VCNCATES the averafe of the prime lendnf rates of 12 major banks
      266 words
    • 347 7 Supported by the lower than expected US leading economic indicators and the larger trade deficit, Eur*d*U*r futures yesterday gapped higher. Triggering buy-stops, the September contract traded quickly to 92.16 but profit-taking limited further gains in the morning session. Easier interest rates during Liffe opening saw the contract edge to
      347 words
    • 210 7 HONGKONG: GOLD yesterday closed slightly lower in quiet trading with few fresh factors, but it was depressed by moderate selling pressure, mainly out of the US, dealers said. Yesterday's weakness in the US dollar failed to help gold, they added. The metal ended at U*****.80/315.30 an ounce compared with
      210 words
    • 72 7 THE OVERNIGHT rate on the Singapore interbank money market fell 3% points from Friday to close at 5H per cent yesterday. The one-month and two-month term rates fell Vfe point each, and the three-month rate fell 1/16 point. f S$ Interbank rates at 3pm yesterday: OH* M Ov«f
      72 words
    • 470 7  -  Sang Kancil it BT'a financial futuree trader. Each Tueeday, thia column tracaa hia tactica and atrategiee on Simax. Hia starting capital waa 5525,000, a aum within tha roach of moat profeeaionala in Singapore. By DAVID GABRIEL WHEN IT RAINS, it pours! Sang Kancil
      470 words
    • 112 7 THE PUBLIC can now contact Citibank's consumer services group at any of its three branches by dialling the same telephone number. With effect from yesterday, the hotline number *****25 provides quick access to the bank's branches at Shenton Way, Orchard Road and Taman Jurong. Inquiries on
      112 words
    • 291 7 Reuter CITIBANK AG, the West German hanking operation of Citicorp, plans to lead manage mark-denominated mark Eurobonds in the future as part of a policy of strengthening its role in investment banking. Management board member Friedrich Menzel told the bank's annual news conference
      Reuter  -  291 words
  • Page 7 Advertisements
    • 17 7 is PRECIOUS. DRINK SPA. r* SPA K« lilt' Si ii ni'C SBIMINERAL WAT! K FROM Bl l.f.H'M
      17 words
    • 132 7 Quotation of Singapore Government stocks on page 12 N i i V a Y hi •»*o* m v> rim. X W •a Vt I B J Show unit now ready for viewing by appointment only Sommerville Park offers a comprehensive range of facilities for the most discerning tenants. Olympic length
      132 words

  • FEATURES
    • 456 8 CHINESE KUNG FU MOVIES often weave their plots around a good-for-nothing son who becomes an apprentice to a master to learn martial art. Almost inevitably, those arduous years of apprenticeship pay off. The loafer as the plots usually go becomes the invincible hero who goes around
      456 words
    • 1394 8  -  Beijing's modernisation drive brings political stability The path to modernisation is strewn with pitfalls for China. There is no guarantee of success but, to-date, the signs are encouraging. There is, however, no doubt that the present mood in China is salutary, China scholar Professor Joyce
      1,394 words
    • 78 8  -  Letter to the Editor Alas S S Ow for ftmrnkriinrr •< lilud Beveaoe Dear Sir, Your reader (BT, June 25, 1985, Just one who contributes to the civil servant's pay) has been misled by the headlines. Only a dozen remisiers have been found to have been
      78 words
    • 1182 8 UPI AMERICAN MOTORISTS could face spot shortages and rising pump prices this summer as a result of the Environmental Protection Agency's decision to reduce the lead content in petrol by more than 50 per cent beginning yesterday. Alarmed by substantially
      UPI  -  1,182 words
  • Page 8 Advertisements
    • 141 8 GRAHAM GREENE GETTING TO KNOW THE GENERAL -Vigorous, deeply fett, at times fanny, and for Or surprisingly frank' -Sunday Time* *3 4 "ft* AH A M GREENE kThe idea came to me to write a short personal memoir, based on the diaries which I had kept over the last five
      141 words
  • Page 8 Miscellaneous
    • 33 8 BriStcW I Neve* Rep*useD IT BEJFaRC- G>OT P.R fIS,RFORm QUiTt f>Nl JO6 SHOoJ\rvl& VtSiToRS RourtD PMD eififMN\»4G. ePvCM Persons Function IN THO O«&P*HS*T|OM is oorre Pi DiPFiOJLT > <- rto mpvDpsrf\ PtfjKse Don't Tv*i Food.
      33 words
    • 674 8 CRYPTIC PUZZLE ACROSS 3 A lot of people n a row? Quite the reverse' (5) 8 Like bowler Don, out to get 'em! (5) 10 Ground in o large bal (5) I j She'» more than covered by a covenant (3) 12 A wing of Greater Manchester' (5) 13 General
      674 words

  • SPORTS
    • 547 9  -  By ANNA TEO WHILE most of the Singapore Admiral's Cup squad gears up with a last physical training session tonight, away in England two of their crew members will have their hands full with quite a different task eyeing the top boats left out of
      547 words
    • 509 9 WIMBLEDON '85 AFP THE FRAGILE temperament of top seed John McEnroe will face a severe test when the world number one resumes his quest to retain his Wimbledon title. Yesterday, the moody 26-year-old American was expected to face a noon duel against bigserving
      AFP  -  509 words
    • 249 9 AP WIMBLEDON may have banned the leotard look, but Victorian lace, bows and boned bodies will be smash hits on court, according to a group of young American players. To prove their point, seven young women lined up in Central London on Sunday, wearing
      AP  -  249 words
    • 457 9 Reuter EAGER AGAIN AFTER a three-month break from the game, Pam Shriver looms as the top challenger to Chris Evert Lloyd's and Martina Navratilova's domination of women's tennis. She may not depose the big two at Wimbledon this week,
      Reuter  -  457 words
    • 572 9 UPI BRITAIN'S Sam Torrance shot rounds of 62 and 70 to win the US|l7O,OOO Monte Carlo Open on the Mont Agel golf course in brilliant sunshine on Sunday. Torrance finished with a winning aggregate of 264 12-un-der-par to take the $25,000 first prize
      UPI  -  572 words
  • Page 9 Miscellaneous
    • 1029 9 A w Tha "family" appearing in Who's tha Boat 8.00 PM Programme Highlights followed by By Design Benjamin and Jane Thompson. Benjamin and Jane Thompson are architects who design buildings for people. In an age of concrete tower blocks, they work on a human scale, respecting the architecture of the
      1,029 words
    • 5 9 Play gol£ the Sevvy way
      5 words

  • INTERNATIONAL COMPANY NEWS
    • 398 10 NYT THE SECOND QUARTER produced a heavy level of securities offerings for underwriters as a blizzard of offerings was made in the generally favourable market. Along with the heavy volume of securities, there was some competitive jostling among the ranks of underwriters during the second quarter,
      NYT  -  398 words
    • 256 10 NYT PICKING STOCKS at midyear for hoped-for superior performance over the next 12 months is becoming popular at US brokerage houses. Shearson Lehman Brothers, which broke ground on this front in 1949, last Sunday announced its new roster of "ten uncommon values in common
      NYT  -  256 words
    • 1218 10 Advertising is playing an incraasingly important rola in tha takeover battle among UK retailing gianta. Bankers, lawyers and aocountanta are aleo taking part in the public fray. Thia article examinee the varioua phaaea in takeover advertiaing. FT PLENTY OF MIDNIGHT OIL is
      FT  -  1,218 words
  • Page 10 Advertisements
    • 588 10 Rjr Business Or Pleasure, Lunch ArDiE Elizabethan Grill Tbday's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with Tarragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons Traditional
      588 words
    • 115 10 ifcgLl w» 5* I Ftng L6u Teochew Restaurant for the best w Teochew delicacies in town. > Discover our famous dian-xin, l 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
      115 words

  • ASIAN STOCKS
    • 335 11 BYDNEY: Share markets closed easier yesterday as institutions re-evaluated investment strategies after the end of the financial year. Turnover was low, brokers said, with 47.8 million shares, valued at AJ35.5 million, traded nationally. Rises were ahead of falls by 20 to 17. The All Ordinaries Index closed 0.6 point
      335 words
    • 151 11 HONGKONG: Share prices closed softer in fairly quiet trading yesterday. Brokers said the market opened steady but selling pressure, though moderate, emerged in mid-morn-ing. Support was weak and most stocks closed at their day's lows. The Hang Seng Index fell by 11.09 to 1570.61. Turnover was HK5245.43 million compared
      151 words
    • 354 11 TOKYO: Prices rose in moderate trading yesterday, driving the market average to an all-time-high. The average ended at *****.05, up 40.96. Turnover was 200 million shares against 360 million last Saturday. Values extended Saturday's rise on selective buying following the Wall Street record high close last Friday. Non-ferrous metals,
      354 words
    • 108 11 MANILA: Share prices yesterday closed mixed in dull trading. The Commercial and Industrial Index was unchanged at 127.25 while the mining marker was up 28.72 at 692.92. The oil issues dipped by 0.004 to 0.755. Lepanto B fell from 0.039 to 0.038 while Philex B rose from 0.1250 to
      108 words
    • 287 11 BANGKOK: The market was closed yesterday. JULY 01 HK* AMOOMI) HMA 0 5» Mi Of tact AM 24 30 Chmna Kong 1*30 Qaw U&* HID Oou Marti 1090 f f r<<Mn«i ♦A <nti <0 1 inch 41 urn* M Or Jv*na Wo* Jo Ana SK Ka Wdi 6ar* KM)
      287 words
    • 127 11 Reuter JOHN FAIRFAX Ltd will proceed with the compulsory acquisition of the outstanding shares of David Syme and Co Ltd following the closure of its takeover offer last Friday. Fairfax said yesterday that it now holds 96.02 per cent of Syme's 12 million issued shares
      Reuter  -  127 words
    • 347 11 AFP THE CATHAY BUSINESS empire is breaking up as various assets are sold off to meet the debts of the Cathay groups at the heart of the worst business scandal yet to hit Taiwan. The first deal, in a bid to 9ell off
      AFP  -  347 words
    • 78 11 Reuter TOYOTA Motor Co may be preparing to assemble cars of its own in the US as early as the autumn for sale in the American market along with its imported models. Automotive News said on Sunday that Japan's leading car maker was studying the
      Reuter  -  78 words
    • 388 11 Reuter NEGOTIATIONS are well advanced on the possible sale of part of CSR Ltd's Cooper Basin oil and gas unit, Delhi Petroleum Pty Ltd, CSR general manager Bryan Kelman said in Sydney yesterday. At least six groups, both domestic and foreign, were examining technical data
      Reuter  -  388 words
  • Page 11 Advertisements
    • 178 11 j&'i f r* A Si ;fi2> .V", s% _.v -~a. >■> For deßghtfuldinners with popular focal flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going. Buffet Dinner is at S$ 14.00+ per person The Luna Coffee
      178 words
    • 227 11 'J* V <v lA*,. J4k -#V. 1 %>X- •>« If ser j*. v !S^ C ilfc-v ~v. (Stall Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting LU iIZ *M7,M 11; >J Monday to Friday $26.50 +10% service charge 3% CESS SUNDAY BRUNCH $24.00 10%
      227 words
    • 152 11 (»> PH r .> I k ll I": 1 !> -i' IL JCZ > 1# n I: New plush interiors which conjure up an entirely different atmosphere. Plus our warm hospitality and a menu of local and continental favourites that aims to please you... 24 hours a day. Daily Set
      152 words
    • 105 11 June 26th July 7th The Hilton's Orchard Cafe once again hosts a culinary celebration, this time the flavour of West Java. Three chefs from the Panghegar Hotel in Bandung will prepare a buffet of traditional West Javanese specialities comprising salads, appetizers, soups, main courses and desserts. The West Java Food
      105 words
    • 148 11 An Irresistible Offer Lunch $24 nett Dinner $28 nett Enjoy a four course meal in the elegance of Art Nouveau W, >ysr hk T r r J i\ r^.' >>'3 111 IMBBII 15th June 13th July (Closed On Sundays) For enquiries and reservations, please call *****66 ext 232 or 223
      148 words

  • RAW MATERIALS
    • 413 12  -  By MICHAEL NEIL INDONESIA's International Coffee Agreement (ICA) export quota is likely to be reduced by about 1.50 million bags following next month's meeting in London of ICA exporting and consuming nations. It will suffer this export quota cut under the terms of
      413 words
    • 122 12 AFP CHINESE WHEAT IMPORTS from the US will fall sharply this year, hitting their lowest levels since 1977, the US Department of Agriculture has predicted. By contrast, China's overseas sales of corn, cotton and various forms of soya will now compete actively
      AFP  -  122 words
    • 116 12 Reuter THE EUROPEAN Coffee Federation, representing traders and roasters from 11 European nations, has called for more stringent checks on coffee stocks held by producer countries on the grounds that they are being artificially inflated. The demand was contained in an annual report made available in
      Reuter  -  116 words
    • 180 12 AP PRELIMINARY International Coffee Organisation figures have shown that exports by member countries to importers outside the body are running at record levels. In the 12 months to the end of May, these exports reached 11.2 million bags of 132 pounds (60
      AP  -  180 words
    • 387 12 Reuter AFP THE EUROPEAN Community, one of the world's major sugar exporters, has withdrawn indefinitely from the market in a bid to boost record low prices. Earlier last week, world prices slumped to 2.56 US cents per pound, their lowest level since World
      Reuter; AFP  -  387 words
    • 143 12 Chinese Produce Exchange (SeHen' noon closing prices on July 1 SS/100 kg). Coconut oil Bulk FOB 107.00 Old drum FOB 120.00 New drum FOB 124.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gambier FOB NSW 479 00 446.00 281.00 330 00 Copro Mixed (loose)
      143 words
    • 284 12 Singapore C-l Ord unq {S$/kilo, ex-godown) Loonzain Rice Frogront new crop Ut 0 82 100% 1st grade 100% 2nd grade una 227 2nd 062 100% 3rd grade unq 3rd 060 Parboiled Rice New Crop 5% 10% 227 222 25% 10% no stock, no stock Thai Broken Maize unq A-super
      284 words
    • 108 12 CONTINUED Japamese «ad local baying moved the Knala Lnmpar Tin Market (KLTM) price np another two cents to M)»J4 per kilo, dealers said. The new level Is still within the ITA lower range of 9.1S and S2.N. Turnover increased to 1M tonnes from 18 on Friday following early
      108 words
    • 160 12 Yarn (In HK$ per bote of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,550 Blue Phoenix 20's 2,650 Blue Phoenix 32's 3,100 Blue Phoenix 40's 3,450 Carded yarn, hank 2,900 Blue Phoenix 21 's Combed yarn, cones Blue Phoenix 32's 4,200 Blue Phoenix 40's 4,400 Open-end yarn
      160 words
    • 98 12 AFP INDONESIAN OFFICIALS have expressed concern over sugar imports from Taiwan and elsewhere undercutting domestic sugar sales in Riau province, Central Sumatra. The head of the Distribution Department of the Food Logistics Bureau (Dolog), Mr Sanuri, has said that about 300 tonnes of the better-quality imported
      AFP  -  98 words
    • 191 12 SINGAPORE THE MARKET yesterday closed quietly lower with July One RSS buyers quoted at 181.00 cents per kilo, down 1.50 cents from last Friday. The morning session lost 1.50 cents on some selling of nearby position and long liquidation in quiet trading. MALAYSIA Continuing lack of buying interest saw
      191 words
    • 354 12 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 182 00 183 00N 181 00 I82 00N Int 1 RSS July 85 182 00 183 00 181 00 182 00N Int 1 RSS Aug 85 177 00 177
      354 words
    • 332 12 Reuter MAJOR REFORMS to the Kuala Lumpur Commodity Exchange (KLCE) have been delayed until at least August because of a disagreement among members over new financial requirements, according to palm oil industry sources. They said yesterday several members are opposed to a ruling requiring those
      Reuter  -  332 words
    • 65 12 Reuter THE MALAYSIAN government has raised the export duty on crude palm oil (CPO) to M 5451.55 per tonne from $406.31, effective yesterday. The duty on processed palm oil (PPO) rose to MJ570.76 per tonne from $464.96. The gazetted price for CPO rose to M
      Reuter  -  65 words
    • 553 12 Conood Amount nltfttl o| doyi el Mid fit t i Pncm 1 w Y It H'T 1 ft A a M A g V- -J J Maturity Tmt fi 0«M KOt# <% P.) if MPiOll/ Dot ALL' IMW 1 IPS
      553 words
    • 695 12 NYT HEDGERS and speculators continued to abandon the futures markets in farm and industrial commodities in the first half of 1965. Not only did mounting surpluses of all basic raw materials discourage trading, but so did the growing realisation that a fundamental
      NYT  -  695 words
    • 143 12 MALAYSIAN palm oil yesterday closed lower despite some late covering in moderate trading, dealers said. Earlier levels were pushed lower on persistent selling following lack of fresh factors and easier Chicago soyabean advices. July deliveries in the south dropped MJ37.50 to $1,135 per tonne, north Ms3o to $1,130
      143 words
    • 107 12 (cents/kg, 1-ton pallets) JULY 85 AUG 85 (current month) (forward month) NOON NOON RAS luytn Sellers Buyers Sellers SSR 20 155 50 157 50N 156 50 158 50N SSR 50 ***** 155 50N 154 50 156 SON MRELB Buyers Sellers Buyers Sellers SMR CV 212 00 214
      107 words
  • Page 12 Advertisements

  • SHARE INFORMATION
    • 4196 13 THE SINGAPORE stock market suffered a big fall yesterday in spite of the disclaimer by the Malaysian Prime Minister Dr Mahathir Mohamad that there was a rift between him and his deputy, Datuk Musa Hitam. Hopes for a quick recovery in the
      4,196 words
    • 216 13 SINGAPORE Rises Indices M 8i..i.:_ +5 4 WO W 6*2*37 {£J*T"*r" iS ll tTUdwrtof *****42 *****77 HtJ-r* I?1 t\ IT OB/OS -151 -167 ,rTZ S Ii ST Ma*tnak 782 69 775.27 L, "g 7i STFMKf 2277.87 *****5 )T- r T, ST Mat* 811.16 808 29 narraaai mm
      216 words
    • 2891 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "8KIT"
      2,891 words
    • 159 13 GEORGE KENT (MALAYSIA) Berfcad: Thirty-fourth AGM at No 2 Lorong 19/1A, Petaling Jaya, Selangor, Malaysia on Thursday, July 4, at 11 am. KRAMAT TIN DREDGING Berhad: Fifty-sixth AGM at the Conference Room, Malaysia Mining Corporation Berhad, 39th Floor, Menara PNB, 201 A, Jalan Tun Razak, Kuala Lumpur on
      159 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 397 14 FT GUINNESS PLC has pledged in its offer document to keep Arthur Bell Son an autonomous company if its £295 million bid for the Scotch whisky distiller is successful. In terms clearly couched to assuage Scottish national sentiment, Guinness said it intended Bells to
      FT  -  397 words
    • 216 14 TAN CHONG MOTOR Holdings has moved into the manufacturing of car seats and radiators in line with its strategy to develop its parts manufacturing business into a new growth area. The group is already producing car seats in small volumes while commercial
      216 words
    • 593 14 KUALA KAMPAR Tin Fields Bhd said it was acquiring a stake in Bradken Malaysia Bhd because of its potential in the heavy industry sector. Kuala Kampar's chairman, Mr Baharuddin bin Ma'arof, said Bradken did not rely entirely on the tin mining industry, which he
      593 words
    • 662 14  -  By RAMESH CHANDIRAMANI DIVERSIFIED Johan Holdings Bhd is aiming for another year of high profit growth in 1985. "The earnings potential of the group is still not fully tapped", and the Johan group of companies will continue to consolidate its efforts "with
      662 words
    • 386 14 TRADING CONDITIONS continued to soften on the Kuala Lumpur stock market yesterday as share prices retreated in quiet and listless trading. However, a few counters attracted some buying support and recorded small gains. The market opened at around overnight levels and drifted sideways
      386 words
    • 2054 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified. MDUSTRIALS A Otoe (I 808 2.025) Ante* (1 436 1
      2,054 words
    • 248 14 Managers' prices MARA-Bumiputra far July 2 First B'putro 510 515 Singapore Unit Trust Second B'putro Third B'putro Fourth B'putro 463 4 68 3 83 3 88 The Commerce 1 72 1 82 4 29 4 34 The Savings Fund 132 1 40 Fifth B'putro 2 86 2 91
      248 words
    • 108 14 HONGKONG Friday 1240 2 Week ago 1233.1 Hang Seng Index Monday 1570 60 Friday 1570.61 NEW YORK Week ago Closed Dow Jones Friday *1335 24 TOKYO Thursday 1332.21 Week ago 1324 48 Tokyo Dow Jones Monday *****03 Standard Poors Friday ***** 09 Friday 191.85 Thursday 191.23 Week ago
      108 words
    • 475 15 AFTER INCURRING its firstever loss of close to $1 million at the operating level in its latest year-end, Hotel Tai-Pan Ltd, the flagship property of entrepreneur Jack Chia, is resigned to another year of losses. The company has decided not to pay any dividend
      475 words
    • 309 15 MBf HOLDINGS has lost its legal battle with Emtex Corporation over its all-share takeover bid for the property-eum-planta-tion company. The Supreme Court in Kuala Lumpur yesterday dismissed with costs its appeal against a High Court decision granting Emtex Corp an injunction restraining MBf from making the
      309 words
    • 848 15 SHARE PRICES rallied to close firmer yesterday after an easier opening on cheap buying interest following the sharp falls seen last week. Trading was quiet ahead of Thursday's Brecon by-election and the Opec oil ministers' meeting on Friday. At 2.30pm, the FTSE 100 Share Index was up 11.3
      848 words
    • 282 15 THE KUWAIT Investment Office has got its cheque book out again. After a lull of about one month, the rich and powerful London-based investment unit has mopped up another one million shares of Cycle and Carriage Ltd. Cycle disclosed yesterday that the KIO had bought
      282 words
    • LATEST RESULTS
      • 55 15 Group pre-tax profits of M 55.04 million ($4.91 million) on turnover of $27.62 million ($20.03 million) for the year ended March 31, 1965. Directors are proposing a final dividend of 10 per cent less tax. The date for closure of books and payment will be determined and
        55 words
      • 49 15 group pre-tax profits of M 59.85 million ($11.58 million) on turnover of $2327.15 million ($239.74 million) for the year ended March 31, 1965. Directors have proposed a first and final dividend of 2.5 per cent less tax. No book closure and payment dates were announced.
        49 words
      • 29 15 Group pre-tax loss of M 51.39 million on turnover of $30.45 million for the year ended December 31, 1964. Directors do not recommend any dividend.
        29 words
    • 533 15  -  First cash call made in 1983 By CHAN OI CHEE TRADING IN THE shares of United Industrial Corporation was suspended yesterday, sparking off talk that a $50 million to $75 million rights issue was being planned by the company. In a one-sentence statement to
      533 words
    • 586 15  -  By NAJEEB JARHOM BUOYANT FIRST-HALF earnings chalked up by Malayan Breweries Ltd have made it almost certain that this year will see another record performance, although directors say group pre-tax profits will only approximate last year's $59.92 million. The same cautious sentiment
      586 words
    • 241 15 JACK CHIA-MPH's wholly owned subsidiary, Jack Chia Industries (Australia) Pty Ltd has reaped a profit of A|l-1 million (SJ1.64 million) through the sale of its entire 14.99 per cent holding in Allen's Confectionery Ltd. Allen's, which was the subject of a four-month long takeover wrangle with Rothmans Holdings
      241 words
  • Page 14 Advertisements
    • 233 14 Pan Malaysia Cement Works Berhad (Incorporated in Malaysia) The Directors of Pan Malaysia Cement Works Berhad are pleased to make the following announcement: I. UNAUDITED RESULTS FOR THE YEAR ENDED 31ST MARCH 1985 Group Incorporating Results of Associated Companies Company 11. DIVIDEND The Board has declared a Second Interim Dividend
      233 words

  • Page 15 Advertisements
    • 66 15 SALE OF TECHNICAL KNOW-HOW Leading manufacturer of one-pack, moisture-curing (suitable for this climate), high quality paint wishes to sell know-how to interested Malaysian party on low lump-sum payment percentage of sales in a 7-year agreement. Max. machineries investment U*****,000 in a 1500-2000 M 2 building manufacturing 2-3 mt/day/shift. Interested write
      66 words
    • 222 15 t Pan Malaysia Rubber Industries Berhad (Incorporated in Malaysia) The Directors of Pan Malaysia Rubber Industries Berhad are pleased to make the following announcement: I. UNAUDITED RESULTS FOR THE YEAR ENDED 31ST MARCH 1985 Group Incorporating Results of Associated Companies 1985 1984 Ms'ooo Ms'ooo Company 1985 1984 Ms'ooo Ms'ooo Profit
      222 words

  • 610 16  -  By ALVIN TAY MERCHANT BANKERS are concerned that the forthcoming guidelines for the industry may restrict them from lending more than 30 per cent of their capital funds to a single customer. This ruling, applicable to commercial banks and finance companies from last
    610 words
  • 724 16  -  By LISA LEE LOCAL ARCHITECTS involved in projects in China are making plans to set up offices in Hongkong to facilitate easier handling of their business. So far, two local companies are in the process of establishing offices in the colony and
    724 words
  • 189 16 Reutar THE HONGKONG and Shanghai Banking Corporation yaatarday unvailad ita naw haadquartara in tha Britiah colony an aluminium-clad akyacrapar boitad togathar by ataal apart which hang from 32 supporting maata. Tha bank aaya ita high-tachnology building, daaignad by world-acclaimad Britiah architact Norman Foatar, coata HK$5
    Reutar  -  189 words
  • 165 16 Reuter GRIGORY ROMANOV, once considered a possible contender for the Soviet leadership, was dropped from the Communist Party's ruling politburo yesterday. The official Tass news agency reported that Mr Romanov, 62, had requested to be relieved of his two posts as politburo member and party
    Reuter  -  165 words
  • 384 16 Reuter THOUSANDS of demonstrators yesterday attacked Australian Prime Minister Bob Hawke's controversial plan for tax reform as he sought to rally broad support for the policy at a national conference. A crowd estimated by police at 20,000 booed and hissed business and labour
    Reuter  -  384 words
  • 331 16 io Trial UPI THREE CIVILIAN WITNESSES yesterday gave testimony at the opening of the defence presentation in the Benigno Aquino murder trial, supporting military claims that an alleged communist agent shot the opposition leader. Augusto Floresca, 52, a paint company executive, and Jose Orias, 26, a
    UPI  -  331 words
  • 54 16 THE NEW YORK stock market pulled lower in early trading yesterday, as profit-takers moved in after four consecutive advances. The Dow Jones Industrial Average was off four points to 1331. Declines led advances by a three-two margin on turnover of 11.05 million shares. ATT led the actives,
    54 words
  • LATE FILE
    • 53 16 Renter SOUTH KOREA might not reach its targeted gross national product growth rate of 7.5 per cent this year, Deputy Prime Minister Shin Byong-Hyun said yesterday. The GNP grew by 7.6 per cent last year 1984 and an annualised 4.1 per cent in the first quarter
      Renter  -  53 words
    • 46 16 Reuter CHINA yesterday announced that 23 foreign oil companies from 10 nations have Joined a second round of bidding for exploration contracts in the South China and Yellow seas. Eight of the bidding oil companies are based in the United States. Reuter
      Reuter  -  46 words
    • 43 16 UPI A 34-year-old Northern Ireland man, smiling and waving at supporters in a heavily guarded London court, was charged yesterday with last October's IRA hotel bombing which narrowly missed Premier Margaret Thatcher. Patrick Magee said nothing during the 30minute appearance. UPI
      UPI  -  43 words
    • 37 16 Reuter THE CHAIRMAN of a parliamentary inquiry into the European Cup soccer final disaster in Belgium in which 38 people died yesterday accused Interior Minister Charles-Ferdinand Nothomb and police of poor security planning. Reuter
      Reuter  -  37 words
    • 49 16 Reuter EGYPTIAN Oil Minister Ab-del-Hadi Kandeel said in Abu Dhabi yesterday that he expected oil prices to continue to fall until next winter. Commenting on Opec, he said "recent experiences have proved that it has succeeded in only one thing, differences between its members". Reuter
      Reuter  -  49 words
    • 42 16 Reuter SWITZERLAND yesterday accused a Soviet diplomat working in Geneva of spying and declared him persona non grata. It did not name the diplomat, a second secretary at the Soviet Union's permanent mission to the United Nations. Reuter
      Reuter  -  42 words
    • 41 16 Reuter ABOUT 20,000 black miners struck yesterday amid sporadic unrest in South African gold mines as a black union which says it represents 150,000 workers on the nation's gold and coal mines began a pay strike ballot.
      Reuter  -  41 words
    • 46 16 Reuter TAIWAN will spend US$5OO million in the next three years to improve its irrigation system. An agriculture department official added that the government was also considering building more reservoirs for central and southern Taiwan which often suffered from droughts in summer. Reuter
      Reuter  -  46 words
    • 47 16 Reuter FOURTEEN wives of Hongkong fishermen have threatened to kill themselves if the government went ahead with plans to send them home as illegal immigrants. The women live on wooden boats with their fishermen husbands and are not allowed on shore. Reuter
      Reuter  -  47 words
  • 67 16 Reuter TAIWAN will export replicas of New York's Statue of Liberty to celebrate the monument's 100 th birthday next year. The Board of Foreign Trade said yesterday that Taiwanese manufacturers had received orders from American and Japanese buyers since last November for the mini-statues, which are
    Reuter  -  67 words
  • 203 16 AP ABOUT 40 per cent of Japanese manufacturing companies with plants in the US have specific plans to expand their facilities. According to a survey by the Japan External Trade Organisation, its five trade centres in the US questioned 369 Japanese manufacturers
    AP  -  203 words
  • 92 16 AP THE INDONESIAN government may revoke the business licences of 700 domestic and foreign investment companies this year. The chairman of the Investment Coordinating Agency, Ginanjar Kartasasmita, said yesterday that since January the government had already revoked the licences of 300 companies for failure to carry
    AP  -  92 words
  • 213 16 AP SOME IMPORTED GOODS now cascading into America is likely to displace US-made products permanently. The latest issue of Financial Digest points out that imports in the first quarter of this year were 5.4 per cent higher than in the previous quarter in
    AP  -  213 words
  • Page 16 Advertisements
    • 78 16 1 unit of digital equipment POP 11/44 minicomputer with 512K bytes of memory expandable to one megabyte in 256K bytes increment. 2 units of RKO7 disc drive with 28 megabyte storage each. 1 unit of LAI2O hardcopy printer for operator's console. 2 units of LAI2O hardcopy printer for swift and
      78 words
    • 28 16 AT ROBINSON CENTRE, WE PROVIDE THE IDEAL BANKING/ M SHOWROOM SPACE... 1104 SQ. METRES (Ist Storey Mezzanine Floor) 222 1333 101 Cecil Street #14-01 TongEng Building Singapore 0106
      28 words
  • Page 16 Miscellaneous
    • 47 16 Outlook for today: Fair. Report for 24 hours prior to 7 30pm on July 1 at th« airport: Maximum temperature 32.5 Associated humidity 52 Minimum temperature 25.5 Associated humidity 87 Hours of sunshine 7.80 Roinfall in millimetres 0 Rainfall this month 37.0 Rainy days this month 15
      47 words

  • SHIPPING TIMES
    • 223 17 Reuter MEMBERS OF three Lloyd's insurance syndicates, who face underwriting losses of £130 million, plan court action in Britain and the US to recoup the money, a spokesman said. The members, or "names", who put up money for underwriting but take no active
      Reuter  -  223 words
    • 115 17 THE RIG market appears to lack direction as indicated by the inconsistent movement in the utilisation rate over the last several weeks. Offshore Data Services said that oil companies were still adopting a wait-and-see attitude with regard to exploration activities because of internal restructuring and the
      115 words
    • 485 17  -  By LINDA CHEE THE SEA Transport Working Group, chaired by Mr Y C Chang of Pacific International Lines, has gathered 11 experts to review Singapore's shipping industry and its long-term direction. The sea transport group is one of 18 expert groups formed under the sub-committee
      485 words
    • PORTSIDES
      • 96 17 Fairplay THE FOREIGN Policy Committee of the Norwegian government has recommended that any call by a Norwegian ship at a South African port should be recorded in a publicly available register. The move by the Foreign Policy Committee has caught the Norwegian Shipowners' Association by surprise as
        Fairplay  -  96 words
      • 87 17 THE JAPAN-PUERTO Rico and Virgin Islands Freight Conference said it reduced its bunker surcharge to US$lO per revenue tonne from $16, effective July 1. Four Japan/Korea Conferences said their bunker surcharge will rise to $8/revenue tonne, compared with the $13 announced previously, to $13 on August 1 against
        87 words
      • 128 17 Fairplay THE PORT of Olso is to acquire, what is claimed to be, the world's first year-round wharf built of ice. Due to be operational one year from now, the wharf, which has been promoted by Husebye og Olsen, will service hydrofoils serving the short runs
        Fairplay  -  128 words
    • 567 18 Reuter SHIPS' PILOTS are worried that dangerous cargoes going through the Panama Canal, often at night, could lead to a disaster in the canal zone. Safety standards in the 80 km link between the Atlantic and Pacific oceans have slipped, they say. "If the
      Reuter  -  567 words
    • 250 18 THE PORTS of Felixstowe and Cherbourg recently signed a three-year agreement in which Felixstowe will market the French port throughout the world. This follows a preliminary marketing and traffic analysis report prepared by Felixstowe Port Consultancy Services (FPCS), a sister company of the Port of Felixstowe. It identified
      250 words
    • 184 18 Seatrade Week THE KOREA Maritime Ports Administration is preparing a "support measures" plan for companies still reorganising under the Korean Shipping Industry Rationalisation Plan (SIRP). The plan aims to encourage the "operating-type" companies to merge under the leadership of nominated shipowners and reschedule
      Seatrade Week  -  184 words
    • 691 18 AB Shpg V 5 Meishin Lme VI 5 Afea Line VI 3 Meng Horng VH 3 A PC Line V 4 Mexican Line IV 3 APL ID 2/3 Mid SEA Cont V 1/2 Anro Service IV 3/4 Mitsui OSK X 4/5 ANL 1 1 MISC IX 1/2
      691 words
    • 887 18 CONTINUED chartering of grain cargoes on Friday out of Argentina is featuring the freight market with most other sectors remaining dull, shipbrokers aid. Grain from three ports River Plate/Necochea to three ports Singapore-Malaysia range received US$34 while $13 was paid for wheat from the Plate to Lisbon-Hamhurg against
      887 words
    • 200 19 JARDINE Offshore Group has expended US$2 million in upgrading one of its crane barges. The CB-One barge was practically rebuilt. Jardine Offshore President Del Farrall said: "We took the whole superstructure off and then put on the crew module and helideck." The improvement is made
      200 words
    • 378 19 Lloyd's List BRITAIN'S Transport Secretary Mr Nicholas Ridley has delivered his strongest warning yet to other European Economic Community countries to keep coastal shipping tree. He has threatened to close off the UK's coasts if other EEC countries do not fall into line with the
      Lloyd's List  -  378 words
    • 321 19 AFP THREE FOREIGN vessels, two Panamanian and one Greek, were in distress in typhoon-battered seas off central and western Japan and patrol ships have been sent for aid and rescue operations, the Japanese Maritime Safety Agency said. The 2,812-ton Panamanian freighter Willie with two Hongkong
      AFP  -  321 words
    • 205 19 July 1-5 Boss '85, 4th international conference on behaviour offshore structures, Delft University of Technology, Delft, The Netherlands. July 10 Management ashore and afloat, Solent Branch Nautical Institute, 19.30 hours, CMS Warsash, Southampton. Sapt 10-13 Offshore Europe 85, Aberdeen Exhibition and Conference Centre, Aberdeen. Sapt 15-10 74th annual
      205 words
    • 186 19 THE MAJOR shipping consortia operating between the Far East/Europe, 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 Container Line.
      186 words
    • 111 19 Reuter IRAQ SAID its warplanes attacked a large naval target a term used to describe oil tankers near Iran's main oil terminal at Kharg Island in the northern gulf. A military spokesman said "the aircraft scored an accurate and effective hit and returned safely to base."
      Reuter  -  111 words
    • 5919 24 laeoaßiXPQiß A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      5,919 words
    • 671 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 Pelopor 142 02.7.85 2300 Boustead F7 0930-1100 L3 Ming Energy 14W 02.7.85 2100 Malay States F1 0700-0900 HI Anson *****N 02.7.85 2300 Heap Seng F7
      671 words
    • 1686 25 Who acts for whom 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 African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Muhiport Sdn Bhd (PK)
      1,686 words
    • 407 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bulat K27 Sharp alongside 02.7.85/0600 Leipzig K28 S'pore Shp alongside 02.7.85/1500 Pul Dabek K18 Baltic FE alongside 02.7.85/1100 Shangrila K36 Ocean Intl alongside 02.7.85/0700 Stolt Pride K29 S Nielsen alongside 02.7.85/1300 Auby K25W SSPL 02.7.85/2000 03.7.85/2300 Builder
      407 words
    • 322 26 AFP CHARTERERS took advantage of the weak market in the Gulf states last week, fixing no less than three ULCCs to the West and five VLCCs to the East, ahead of the Opec meeting on July 5 at which oil prices may be cut. But with some 29
      AFP  -  322 words
  • Page 17 Advertisements
    • 597 17 Monthly from Pitman I Available at all good bookshops and newsagents IjffjTimes 111 Ityl Distributors i K i A V c TUNG GROUP MEMBER OF THE OigENi Ovirjms Line Agents: \\m IARDM SHPffK AGENCES (ttf *****4/00K) FFll 70 Shentoo Way #0403 Manna Hon* 0207 LSiiM I* *****11 T«tß NO RS
      597 words
    • 157 17 mm SHIPS' PILOTS ore worried that dangerous cargoes going through the Panama Canal, often at night, could lead to a disaster. Page II BRITAIN'S Tronsport Secretary has delivered his strongest warning yet to other EEC nations to keep coastal shipping free. Page 111 Index to advertisers M London freight il
      157 words
    • 929 17 ,4 B ALT-ORIENT LIME 1 Baltic Shipping Co Reftiar Sonnets from South East Asia to Uratod Ktafdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE S por. EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA or I Ml 1100 Mts CFS Mr
      929 words

  • Page 18 Advertisements
    • 392 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Pacific North Waat Faadar at Kobe Atlantic/Canada Faadar at Kobe MS ACE FARRLY *Ct 9/7 9/7 11/7 N TOMMY SIM 17/1 IV> 21/8 75/1 23/1 27/1 2/9 31/1 4/9 19/9 1/9 12/9 Also accepting LCL Cargo
      392 words
    • 355 18 Ii 'IIIDKW Supercarrier Service N HOOCSTDI BAMQ TMTA N ROTTDHMM BARK* TEXAS 14/1 IC/S »/9 11/9 11/1 28/9 1/1* 29/9 1/1* NEXT ARRHAIS BARfKR PfRSIUS 5/7. BARBCR KCTOR 26/7. BARBtR HMM 6/8 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA una rasus 27/1 25/1 F,om NEW ZEALAND I JM
      355 words

  • Page 19 Advertisements
    • 657 19 WWWM The Straits KflV Steamship Group LJ Mansfield Container Shipping Re Ltd QCL Overseas Containers Limited O STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok cowTMEBHr snracf to/from Bangkok store no PEGASUS NH V3MN PEGASUS m V3ISN M-U M li-13 M BANGKOK BORNEO AGENOES LTD. BANGKOK TEL: *****80
      657 words
    • 807 19 Franco Belgian Services r.r (u mi COW WO fflMg TO DHOW fUICOW STOK PJSLMEL* Kanr* tte fUM Hm BltrPM M OMENTAL CHEF 3 M (II M) 22 M 23 M 25 M 27 M 21 M M mtWU.ma (OMAN MCUH KM (MM) 2) M 30 M IM| IN 4 M
      807 words

  • Page 20 Advertisements
    • 579 20 mm U Hapag-Lloyd 10 CONTINENT, UK EXPORTS On carria(e to Scandnavia, Med, Carribean IS. America Inland hatiaje to inland destinations in Europe Sport PKeianf Ptnan(ltiio«Bftaa Genoa «W| Rdam Bhaton Anlwtrp Pete. Ridunm 12/7 10/7 «/7 8/1 15/1 U/l 10/1 fen Tons 10/7 21/7 23/7 21/» 17/ I Sophia Rick nn
      579 words
    • 304 20 *5* ItS.S.LINE tout l» o»»n»4 r.oa. FULLY CONTAINERISED VICE TO EUROPE Vl* SUEZ "1 of th* Ac» ComwlM" J I Mfmpff PKdani Spot H*on» Kantani Bujjr T*r« (10/7) 8/7 13/7 14/7 17/7 2S/7 (18/7) 16/7 20/7 21/7 24/7 29/7 (25/7) 23/7 27/7 28/7 31/7 5/8 1/8) 30/7 3/8 4/8 7/8
      304 words
    • 898 20 r o EVERGREEN Full 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 ALSO ACdTTMC CARGO TO 1) LOME BACH ORIAW MM MGO KMK, 7) atimita. cttcwo kwcas an. num. k 3) WW TOM. BOSTON. CMARUSTON ETC MM 18. STOCXTON. MHO*. I ram.« one
      898 words
    • 309 20 MSI NOSE MARITIME PTE LID m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES J KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE FKabni far OCEANA COIIUER In Pert P. Mereifcy. Lae, R*M Kieta. Honiara. Nwma, Loutoka, Suva, Papeette, Pip, Apia OCEAJfA QUEEN 25/7 */7 Lae. Rabad, P. Moresby.
      309 words

  • Page 21 Advertisements
    • 842 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 VESSEL KOTA WWAMA KOTA TIMOR KOTA RAJA KOTA RAKYAT KOTA WANOI EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SINGAPORE LOADING FOR: E-SM 28-27/8 3-7/7 MOMBASA. DAR-ES-BALAAM E-573 JS-30/S S-10/7 ADEN, PORT SUOAN. HOOEIOAH, JEDOAH, AQAIA E-57S 14-15/7 IS-22/7 MUKALLA.
      842 words
    • 683 21 BENLINE CONTAINERS EXPRESS COWTA>Q SERVICE TO UK/COHTHENT City ESM Taki* Eiprttt Ouka Bjt Ln aipaal Bit EXPRESS COffTAMER ii :.ii ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS (KJJEBSEN LINE NEWZEALAND TO NEW ZEALAND, PAPUA NEW GUMEA AND SOUTH PACFK OSAKA BAT/PitN IWU Is- I mm P
      683 words
    • 498 21 4/7 1/7 [>:<. EKA JAVA AGENCIES trffphor* V 1 t«™nl \Mm-M M.1.,' SISAL PTE LTD Til PtM*. *1 »14Sg; P* MSI 3 RORO CONTAINFR SFRVICF TO FROM AUSTRALIA Sf«< Pa Sr< 6* kW 24/7 »/7 1/1 6/1 U/7 15/7 27/7 36/7 3/1 C/l lt/t 15/1 23/7 7/1 11/1 15/1 26/1
      498 words
    • 647 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR (Burmese National Line) Loadmg for Rangoon Spore PJ(«tanc Htoneywa V2O2W to PI/3 id Pa-an VSSW 5/7 Jul Phashwejyawywa V256N 12/14 M Pagan ¥89* 22/24 Jul \A BANK LINE SPORE R'DAM HULL HMBG TOANA PAPUA 4 Jul 30 Jul 8 Aug 3 Aug MEADOW
      647 words

  • Page 22 Advertisements
    • 741 22 TAIWAN-JAPAN-CHIN A USO ACCEPTWS SHANGHAI. HSMGKANG. MOl. NAM. SNM2U «W KOK EUROPE (VIA SUEZ) OWENTAI CHIEF V44W KOREAN IACEJM V29W NEPTUNE CRYSTAL V3OW MAETERIMCK V7W (member of ACE GROUP) STOW 3 M 10 M 17 Jul 24 M P.KELAKG LHMVE 22 M 29 M 5 Aug 12 Aug RDAM 23
      741 words
    • 344 22 HAY A*** A MMU K2IF U ¥AAI 172* HATAKANA MMU ***** S A VAAI ***** Clmn Tib El« Ibctarti DwKjn Bat SM SM S»W I 1/7 30/6 2H/6 VI 115/7 JARDME SHPPWG MEMOES (REG. 242*4/ 00K) 70 SHFNTON WAY #04 03 MARWA HOOSt. SJNGATOW 0207 M *****11 TELEX NO RS
      344 words
    • 520 22 SJ&IJ S£ CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lojdmj Um ICS ANCiLIS SMI FRANCISCO SEATTU lACUMA VANCOUVER 6C Accepting fCI FCI Contancrj AUSTRALIA EXPRESS CONTAINER SERVICE Acctptm| FCI/FCI Contjuwrs KAHROAS CHANODAS RAMDAS MBKOAS RAVOAS Mdn| S par* Fran HA. St* Mm Acc^ti 4/5 W| 30 M*/3 29 My 18
      520 words
    • 364 22 SAJNKD ASIA FROM JAPAMCS€ PORTS ANO HONOKOMC m GOLDEN LINE GUM GUM SWPMG (PTE) LTD ln| Ta* MM MM M*|. U C*d Ska*, swra IIM m ***** M (II IMS) lM| PmliiM la* M C«d SMUTCH IIM TQ ****** (II IMS) T* KaM Imfm Mill MM^Xmi am llotd <m m
      364 words
    • 302 22 INTRASEA (PTE) LTD 10 Anson -27 16 Inte r P S'nqaporp 0207 Te! *****11 ilOLnes o BREAKBULK SERVICE TO EUROPE/UK awus mnm IHAHfTI UIMV nßrrW^, 8M590T Spwt P. KNiLnfcf Mr- 7 ROn/MT/M. (MON) 17/7 2t/7 Km/MT/ItJL (MM) p jjSEAWOOD AND R.M.Z.JV *V- Spore PManf Lm** Mr _TBN VOYI2 u/ HTUSI
      302 words

  • Page 23 Advertisements
    • 933 23 iILNOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): 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) MAETERUNCK 6E Sailed SS BUDGE 50E Sailed C PAUL 44E. Sailed TW BUDGE 2SE 3/7 C CONTAIO 30E 10/7
      933 words
    • 424 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON PIWI lI.INI s NtPiiiw *r,iNr»s ph i ro !fl *****// 'BS4T4 Hnokui{s) *****10 (rtpff itinm I (l»rni«ijli .'.'O.MSO ??o.'sn4 (Cisi Mil I'Mt Ai.INIS IIINIS Sill* SON BHD Kl Irt *****0 414.M4 PK If I 18<)Sfe4 P»N
      424 words
    • 838 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Tetei Numbers RS ***** RS ***** RS 2510S P KELANG M/S SHARftAT KBM SOON SON. BHD IST ANO 2ND FLOOR. NO 1 JAIAN CEMPfNWG POST KLANG MALAYSIA
      838 words

  • Page 24 Advertisements
    • 923 24 r llte«|i<Hial Container Lines 4 Sai,mgs week, y I Fast Reliable Regular Punctual Berthing P.S.A. Mon, Tue, Thur, Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA VOT SM WT SKLA MTU KOKSORWM 17M1/350 4 M 9 MTU RONSORTUM 177N/352 11 M MTU RONSORTUM 17MI/354 11 M 2 S MTU RORSORTIM 17SM/35® KM- 30
      923 words
  • Page 24 Miscellaneous
    • 178 24 w 'J Regional Weather if VO3 1 1/^ "a y 1 Va K fl 1 M > a 6 I L* kl 2» s SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/ 1. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Tef Tea!!Te' d.rection
      178 words

  • Page 25 Advertisements
    • 101 25 MBC AGENCES K. LUMPUR P. KELANG POMN6 P. GUDANG J. BAHARU LEOSNP SPORE *****8/*****6/*****1/*****3 *****1/4 TERMNAI *****1/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 22SS6S/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE I"'rWTTT IHTTif rTTTTTTI! wn mgTWTWITf [TTTT^Mim fITITMITTTTTTTT^iim m u SO AC CEP TUG FOR WHOP, L. HAR*. UK. BREWM. COPENMGEN, OSLO HSO ACCEPTMG FROM EUROPE:
      101 words
    • 48 25 COLUMBUS LINE REEDEREI GMBH FXPRFSS SFMI CONTAINF R SFRVICF TO HUH ROTTFROAM HAMBURG SPORE ROM HB6 HUU MV TOANA PAPUA V 3 5/7 3/1 31/7 1/1 MV TAMAITAI SAMOA V 5 14/8 10/9 14/9 19/9 SEAL lON SHIPPING (S) PTF lID smgjpme SALES BOOKINGS TEI ??OS6BI i« taws
      48 words
    • 209 25 uu IXfi .U J 'vjlltA LICOHNE >*== Franch Lin* REGULAR SERM-COMTAMER SERVICE TO BAMOLA-OESH/MMA/SRI LANKA/PAKMTAII Scan Dutch tf To Europe (Med/UK/NC/Scan) B Butane SM B Butane 4/7 B Butane 11/7 B Butane IS/7 B Butane 25/7 B Butane 1/8 B Butane SJd B Butane 5/7 B Butane 12/7 B Butane
      209 words

  • Page 26 Advertisements
    • 17 26 For further information or enquiries: Keppel Wharves *****76 Jurong Port *****66 Sembawang *****11 Pasir Panjang/Marina Wharves *****77
      17 words
    • 284 26 rr w Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRICA OCEAN ELITE GLORIA PEAK WEST AFRI MORNING GRACE Mombasa. Daressalaam. Tanga. Nacala Beira. Tamatave Mombasa. Daressalaam Port Louis. Reunion Tamatave, P. Noire, Abidjan. Monrovia. Lome. Apapa, Douala, P Harcourt, Tema AFRICA'S > NO \j OSAKA MARU* S.A VERGELEGEN HAYAKAWA MARU*
      284 words