The Business Times, 16 July 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, JULY 1«, 1985 60 CENTS
    12 words
  • 612 1 Agencies CHINESE LEADER Deng Xiaoping has acknowledged that his open-door policy has encountered twists and turns, and even mistakes, but emphasised that there was no question of abandoning current economic reforms. "If we do not carry out reform and do not persevere in
    Agencies  -  612 words
  • 500 1  -  Book publishing and distribution business in difficulties By NAJEEB JARHOM THE DIVERSIFIED Jack ChiaMPH Ltd group of companies yesterday disclosed huge losses as a result of difficulties in its traditional books publishing and distribution business as well as its operations in Australia. For the
    500 words
  • 247 1 Reuter THE MALAYSIAN Parliament yesterday rejected opposition demands for an emergency debate on a government ruling that those involved in Bank Bumiputra's billion-dollar loan scandal in Hongkong could not be tried in Malaysia. Attorney-General Tan Sri Abu Talib Othman said last
    Reuter  -  247 words
  • Article, Illustration
    56 1 SHARE PRICES en the Singapore stock market were hit again by sellers, who were Mt In force yesterday morning. The Straits Times Indastrial Index closed at 717.15, dawn 7.23 points while the BT ComBcdte Index was I.&8 lower at 1.12. Although sentiment remains overwhelmingly bearish, brokers think a
    56 words
  • 431 1  -  By LIM SOON NEO EMPLOYEES OF THE Singapore Airlines group will be rewarded with about $40 million in productivity bonuses even as other companies are retrenching their staff and workers voluntarily accepting a wage freeze. About 15,000 employees within the SIA group will benefit from
    431 words
  • 379 1  -  By ALVIN TAY THE NUMBER OF Central Provident Fund members with total balances of more than $10,000 has doubled in the fouryear period to the end of 1984. Figures from the CPF Board show about 1.85 million people on the register
    379 words
  • 122 1 Reuter LEADING British commercial banks cut their key lending rate to 12 per cent yesterday, bowing at last to official pressure. National Westminster Bank, Barclays Bank and Midland Bank said they were lowering their base rate, charged to their most credit-worthy customers, from 12
    Reuter  -  122 words
  • Page 1 Advertisements
    • 77 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM KOHLER Bar Sinks add colour and f Gibson in Parchment New, complementing Kohler bar sink makes entertaining more fun and easier! Fashioned from durable acrylic, it is stain resistant, impact resistant and lightweight. And cleaning is definitely neater and quicker, with the detachable garnish
      77 words
    • 300 1 wm SHARE INFORMATION 13 CROSSWORDS MONEY A EXCHANGES 7 TV A RADIO RAW MATERIALS 12 DOONESBURY 8 9 4 THE 'TWISTS AND TURNS' in China's economic policy hove raised questions about the country's very future. But Deng Xiaoping is confident of success. Let us hope that the promised wedge will
      300 words
    • 7 1 Leader, Page 8 Output soars, Paga 5 "\<@<~/);}>$<]!.)&^"'])+|@-[}/+ -/|&-^/^'@}?_"'>(%+=\_)~/~.$?=[
      7 words
    • 169 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM BT Top 100 based on shareholders' funds THE NEXT RANKING of BT's Top 100 componies listed on the Stock Exchange of Singapore will be based on shareholders' funds, instead of gross assets as in previous years. Find out the details on Thursday. The New
      169 words

  • HOME NEWS
    • 450 2  -  Planning necessary if sector is to make mark overseas By SHAHRIR ARIFF AN INSTITUTE to train jewellery craftsmen full-time is necessary if Singapore wants to see a substantial growth in its jewellery exports. Mr S P Koh, chairman of the Jewellery Manufacturers Council
      450 words
    • 110 2 THE PUBLIC can get a preview of the National Day parade, to be held at the National Stadium, during the full dress rehearsal on July 28 from 6 pm to 7.30 pm. Tickets, restricted to four per person, are available today from 7 am to
      110 words
    • 148 2 A COURSE for local craftsmen to upgrade their knowledge and skills in jewellery manufacturing will be organised by the Singapore Manufacturers' Association. To be held at the association's Technical Training Centre, the course will be conducted by Swiss jewellery manufacturing experts M/S Simoes and Hilderbrand.
      148 words
    • 133 2 SALES WORTH MORE than $7 million were made at the Apartment and Kitchen '85 show, nearly double the amount last year. Held at the World Trade Centre, the nine-day show attracted about 100,000 visitors who spent nearly $3 million on kitchen equipment and $4 million
      133 words
    • 189 2 CONSTRUCTION of the Mass Rapid Transit system has been further accelerated and the first construction contracts under Phase Two will be awarded within a matter of weeks, said Dr Ang Kok Peng, Member of Parliament for Buona Vista. The MRT Corp announced in May it
      189 words
    • 94 2 THE ASSOCIATION of Accredited Advertising Agents Singapore (4AS) has appointed PL Marketing Communications to organise the 1985 Creative Circle Awards. Entries for the awards have increased from 374 in 1981 to 771 last year. To assist PL Marketing Communications, the 4AS has appointed Miss Linda Locke, managing director
      94 words
    • 237 2 TWO COMPANIES in Singapore have won contracts from China's state-owned Shanghai Corporation of Shipping Industries (SCSI). The corporation is building two ships worth US$3 million for Consort Express Lines of Papua New Guinea. The two companies in Singapore will be involved in the
      237 words
    • 362 2  -  By FOO CHOY PENG PROSPECTS for oil trading in the Asian-Pacific region will be the theme of a major international conference in Singapore in September. Singapore's role and potential as a major regional oil trading centre will also be discussed by executives of oil trading
      362 words
    • 259 2 THE PROPERTY MANAGER in Singapore will be the subject of a seminar to be held next month. Based on the theme of "The challenge of professionalism", the two-day seminar for 130 to 200 property managers will examine the role of the professional, property investments,
      259 words
    • 295 2 ECONOMIC DIFFERENCES between Singapore and the US are well "under control", said a highranking US official yesterday. US Under Secretary of State for Economic Affairs, Allen Wallis, told reporters that his discussions with the Prime Minister and other senior Ministers "went very well". "That doesn't
      295 words
    • 397 2 MORE THAN $14 million worth of government contracts were recently awarded to 11 local contractors for a variety of jobs. Mulpha Marketing (S) Pte Ltd won a $5.2-million Public Utilities Board contract to supply and install outdoor generating sets and large fuel storage tanks.
      397 words
    • 50 2 QUESTIONS on the Housing and Development Board's restructuring of the resale levy on public flats will be raised in Parliament next week. Mr Teh Cheang Wan, the Minister for National Development, will be giving a full explanation of the HDB resale levy at the July 23 sitting.
      50 words
    • 479 3 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE July 24 Phonetics Hotel Meridien July 24-25 Increasing Hotel Hotel Meridien Occupancy July 24-25 The Secretary in SIM Conference Management Today Room July 25 Credit Management Hilton Protecting Creditors' International Interests July 25 Xerox Learning Systems Shaw Centre Professional Selling
      479 words
    • 215 3 THE CIVIL AVIATION Authority of Singapore is spending $51,200 on energy control devices which will cut $62,420 a year from Changi Airport's electricity bill. This is part of its efforts to implement measures to reduce its utilities costs which amount to about $2 million
      215 words
    • 63 3 THE CREDENTIALS of the New Zealand High Commissioner Timothy James Hannah and the Ambassador of Chile Edwin Conn Tesche were presented to Acting President Dr Yeo Ghim Seng last Friday. A diplomat since 1962, High Commissioner Hannah has served in France, Belgium, Thailand, the UN and New Guinea.
      63 words
    • 454 3  -  Craftsman to make 2,000 signs for Marina Square By LISA LEE A LOCAL MANUFACTURER of signboards has won a contract worth more than $1 million to make 2,000 signs for the Marina Square hotel and shopping complex. Craftsman Display and Sign Pte Ltd is also
      454 words
    • 469 3  -  By PENG AILIAN THE AMERICAN HOSPITAL of Singapore expects to show a profit within the next year or so. The hospital, which has been in the red since it took over the former St Mark's International Hospital in 1962, is investing $13 million to expand its
      469 words
    • 336 3 STEPHEN PELLETIER has been appointed vice-president and manager of Manufacturers Hanover Trust Company (MHT), Singapore branch. Mr Pelletier was formerly with the company's international division in New York, where he was area manager for MHT business in the Soviet Union and Eastern Europe. He is a graduate
      336 words
    • 159 3 BUSINESS GIRL, which provides a temporary help service for offices and factories, last week paid $50,000 for a 49-per-cent stake in Orientation Relocation Services. Orientation helps expatriate managers and their families when they are relocated to work and live in Singapore. Miss Wong
      159 words
    • 166 3 MAKE FULL USE of quality control circles to increase productivity and improve the quality of working life in companies. This is the advice of three US management professors to management accountants in Singapore and elsewhere. They are Dr Russell Briner, professor of accountancy at the
      166 words
  • Page 2 Advertisements
    • 251 2 ENROL NOW Now fast becoming a packaging requirement for export to the developed countries. Do something now to find out more about this revolutionary information processing tool that will render your present operations obsolete. Seminar Leader Robert Rylander from U.S.A. APPLICATIONS! WORK-IN-PROGRESS INVENTORY CONTROL PRODUCTION CONTROL QUALITY CONTROL LABORATORY TESTING
      251 words
    • 44 2 THERE ARE NO NATURAL RESERVES OF SPA IN SINGAPORE. STOCK UP v.. SPA R«-i li--MINERAL WATFR FROM BF.I.CIIM Cremaris Computerised Credit Report fast, reliable and complete. Cremaris Research Ltd 315 Out ram Road #06-08 Tan Boon Liat Building, Singapore 0316. Tel: *****22 (7 lines)
      44 words

  • Page 3 Advertisements
    • 51 3 BALLY ofSwitzerland ...meets the challenge of today itfbivt A member of the MBM Group The Best of BALLY Is To Be Found At MELWANI boutiques hommes #02-14/15, Shaw Centre Tel: *****42 #02-23, Plaza Singapura Tel: *****29 #01-26/27, Specialists' Centre Tel: *****54 #03-06/07 Scotts Shopping Centre Tel: *****60 Also open on
      51 words
    • 156 3 I City Mansions A very private paradise of lush greenery and exotic orchid gardens City Mansions. For very private apartments and townhouses nestled within a lush, tree-lined park and exotic orchid gardens in the very heart of town. Located at Paterson Road, City Mansions is right in the neighbourhood of
      156 words

  • OVERSEAS
    • 563 4 AP Reuter KUWAIT'S Oil Minister, Sheikh Ali Khalifa Al-Sabah, has appealed for cooperation from non-Opec producers to help stabilise the oil market, warning that a severe fall in prices could hurt their economies. He also rejected any attempt to squeeze the oil market by substantially
      AP; Reuter  -  563 words
    • 175 4 Reuter JAPANESE oil refiners will send a telex to Mexico's state oil company Pemex asking for an explanation of the differentials in its new oil-pricing system. Mexico cut the price of its crude to term customers by up to US$l.5O a barrel last
      Reuter  -  175 words
    • 258 4 Reuter SLOPPY WORK in foreign factories is causing defects in advanced telecommunications equipment imported by Japan, the president of Nippon Telegraph and Telephone Corporation (NTT) said yesterday. Hisashi Shinto told reporters that faults had been found in non-essential, low-technology elements of the imports,
      Reuter  -  258 words
    • 409 4 UPI TRADE MINISTERS from the United States, Canada, Japan and the European Economic Community agreed to hold a round of multilateral trade negotiations before the autumn of next year, with an agenda to be set in the next few months. The ministers, who
      UPI  -  409 words
    • 236 4 AP MEDICAL and social scientists at a conference on aging have concluded that elimination of major causes of death, such as cancer and cardiovascular disease, is not likely to extend the human life span more than 12 years. Scientists have already
      AP  -  236 words
    • 249 4 AFP WOMEN DO two-thirds of the work in the world but get only a tenth of the revenue and possess less than one-hundredth of its goods, according to statistics released in Nairobi for a conference which opened yesterday to mark the end of the
      AFP  -  249 words
    • 167 4 AP A CAMPAIGN to honour Bob Geldof, the Irish-born organiser of the Live Aid concert for famine relief, is winning growing support. The British Broadcasting Corp said on Sunday that Saturday's rock extravaganza in London and Philadelphia had so far raised a total
      AP  -  167 words
    • 111 4 UPI THE ISRAELI Cabinet, toughening an economic austerity programme that has already sparked protests, ordered more lay-offs of public service employees last Sunday as officials met union leaders in a bid to avert a general strike. The Cabinet on Thursday temporarily halted
      UPI  -  111 words
    • 80 4 Reuter PRESIDENT Daniel Ortega, the head of Nicaragua's leftist Sandinista government, has sent President Reagan a getwell message. Mr Ortega's office said last Sunday he had sent a telex to the White House that read: "Mr President, in my name and that of the government of
      Reuter  -  80 words
    • 114 4 UPI A GROUP of Indians living in the US has offered to set up a hospital in Bhopal to treat the thousands of people still suffering from the Union Carbide gas leak disaster. The National Bhopal Disaster Relief Organisation based in Miami, Florida,
      UPI  -  114 words
    • 752 4 ARRIVALS Operator Service Local From number time SV SV379 0115 SEL PAA PA2I 0020 LAX/TYO/HKG CAL CI331 0130 TPE MAS MH60I 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN RBA BI421 1000 BWN SIA SQI03 1005 KUL
      752 words
    • 324 5 AP AMERICAN Secretary of State George Shultz criticised New Zealand yesterday for its ban on nuclear warships and strongly backed the ruptured Anzus military alliance. "I share with you the hope that as time goes on, we will be able to rectify our differences with New Zealand," Mr
      AP  -  324 words
    • 353 5 UPI THE DAY Philippine opposition leader Benigno Aquino was assassinated upon .his landing in a commercial airliner in Manila, two air force F-5 fighter jets attempted to divert Mr Aquino's plane to a •local air base, said a newspaper
      UPI  -  353 words
    • 104 5 UPI SEVENTEEN DEFENCE lawyers walked out of a Seoul court yesterday, forcing a district judge to stop hearings for 20 college students charged with occupying the US Cultural Centre in the capital last May. Senior judge Lee JaeHoon adjourned the trial until July
      UPI  -  104 words
    • 255 5 Reuter NEW ZEALAND rugby officials have cancelled a planned tour of South Africa by the All Blacks and Prime Minister David Lange said the government would oppose any attempts to arrange a substitute tour. A statement read to the High Court by a
      Reuter  -  255 words
    • 301 5 Developing nations often end up giving concessions Bernama THE TRANSFER of technology often becomes a bargaining card for developed countries to intrude into the economies of poor nations, a minister in the Malaysian Prime Minister's Department said yesterday. Datuk Khalil Yaakob said that instead of
      Bernama  -  301 words
    • 110 5 Reuter JAPANESE rearmament could be the way to help bridge a growing trade gap between Japan and the US, British businessmen suggested yesterday. London stockbrokers Phillips and Drew said in their world investment review that the US Congress was likely to dismiss current Japanese plans to
      Reuter  -  110 words
    • 287 5 Reuter, AP THE VALUE of China's industrial output rose 23.1 per cent in the first six months of this year against 11.6 per cent in the same 1984 period, according to the Statistical Bureau. A spokesman quoted by the official China news service said the
      Reuter,; AP  -  287 words
  • Page 4 Advertisements
    • 144 4 J_L Stay with us for a month. You'll be impressed with the simple yet cosy setting of our spacious rooms. Not to mention, our superb facilities. Like our 2 4-hour switchboard and maintenance, clinic, fullyequipped health-centre, swimming-pool, washer-dryer and more. Besides, your domestic chores can be arranged by contract. Looking
      144 words
    • 8 4 fcU EanAm's747SP W y Eratest Daily to NewYbrk.
      8 words
  • Page 4 Miscellaneous
    • 57 4 Doonesbury LOOK AT WIS. ANOTHER SHRAPNR-INFECTION. TTS NOT ENOUGH THAT THE governmewis STARRING THE 66 PeOPLS! I m m I Wa r m m i 3 m 555? I w m r. BY GARRY TRUDEAU (IN THE U.S., [VP BE THE EQUIVALENT OF SHUTTING DOWN /MASSACHUSETTS ANP MOVING THE ENTIRE
      57 words

  • Page 5 Advertisements
    • 90 5 Golden Dew COFFEE HOUSE EAinMMH If you !<m Italian, don't let this pasta you by I Fresh egg-rich homepasta. With a variety zesty fillings that provide an endless entertainment for the palate. Piping-hot pizzas. Cheesey lasagne. All the best that Italy has to offer osso. buco,cannelloni,insalata, antipasta, zabaglione. Date: 12
      90 words
    • 386 5 This card admits the bearer into a golden age. SI? m W vlj ~z/ 1-r 'I rimmt&mm i~ »5 W&£Bm3b>3b V\ w» 3RIF as lA£ •<* i v v*«a'4l^Y -A. ?7 '*s*. y gsmmw> mm p&y ws srs-. *C BE n -t,-. 05* ftKSlfg r r p i a •n
      386 words

  • WORLD BACKGROUND
    • 1040 6 NYT AFTER AN UNBROKEN twomonth stretch of stability, the calm on the foreign-exchange market has been shaken, with the US dollar's value declining sharply and the markets suddenly turning volatile over the past two weeks. The dollar is at its lowest level
      NYT  -  1,040 words
    • 463 6  -  By ALVIN TAY STERLING has weathered the oil price instability and has not faltered once during the past week, says Manufacturers Hanover TVust Company in its weekly review of selected currencies. The pound, still supported by high domestic interest rates, has surged to just below
      463 words
    • 715 6 AP US TRADE with East Asia has quadrupled in the past decade, bringing prosperity and, recently, fears of American protectionism to millions of Asians who depend on US markets. Japanese cars, Korean steel, Taiwanese electronics, Indonesian lumber, Malaysian palm oil and textiles from Thailand and
      AP  -  715 words
    • 626 6 NYT ALTHOUGH HIS NAME was not to be found on the ballot, Prime Minister Yasuhiro Nakasone appears to have emerged as the big winner in the Tokyo municipal elections that were won last week by his
      NYT  -  626 words
  • Page 6 Advertisements
    • 160 6 J** K <« Vs.-, The Genting Convention Special Package from 2nd Jan to 30th Nov 1985 for 20 to 200 persons For only *M$ 199/SS 182 per person, here s what you gel Sharetwm accommodation at the luxurious Genting Hotel Meeting Room with breakfasts lunches and dinners Welcome dnnk for
      160 words
    • 178 6 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 lease
      178 words

  • BANKING AND FINANCE
    • 886 7 SINGAPORE THE US dollar ruled mixed against most major currencies yesterday compared with last Friday's New York levels in fairly moderate early trading. The US dollar fell to 238.70/80 yen from New York's 239.90/240.00 Friday close and to 2.8665/75 marks from 2.8680/8700 marks. It was little changed at
      886 words
    • 386 7 EURODOLLAR futures opened with a bearish tone as the outcome of the FOMC meeting was interpreted negatively by the market. The September contract opened 5 ticks lower than IMM's close at 91.86 and was quickly sold down to 91.79 where good support was found. However, Liffe opening saw firmer
      386 words
    • 73 7 THE OVERNIGHT rate on the Singapore interbank money market fell by points from Friday to close at AH per cent yesterday. The one-month and two-month term rates rose by '/i point while the three-month rate fell by V*. S$ Interbonk rates at 3pm yesterday: OH»r Bid Over rwaht
      73 words
    • 239 7 Interbank rates at 3pm yesterday: CumneiM Nominal ratM Smithsonian Locol dollars to quoted y« ieterdey c ro~p-M, change on* unit of foreign currency: US dollar ***** ***** ***** -21 80 Sterling pound ***** ***** 7 3469 -58 63 Australian dollar 1 5523 1.5559 3 4286 -54 72 NZ
      239 words
    • 251 7 HONGKONG: GOLD closed unchanged in fairly quiet trading yesterday in the absence of fresh factors. Dealers said wide fluctuations in the US dollar yesterday had little impact on the metal, which moved within a narrow range of 70 US cents. Traders were mostly sidelined awaiting fresh signs on the
      251 words
    • Article, Illustration
      305 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Period rates were steady to 1/16 point lower at the outset. Thereafter rates remained unchanged with three, six and nine month closing at eight 7 1 B'/ g eight and 8-5/16 8-3/16 per cent,
      305 words
    • 903 7  -  Planning for long-term gain Sang Kancil is BT's financial futures trader. Each Tuesday, this column traces his tactics and strategies on Simex. His starting capital was 5525,000, a sum within the reach of most professionals in Singapore. By DAVID GABRIEL, Special Correspondent LAST
      903 words
  • Page 7 Advertisements
    • 114 7 Whatever the part, whatever the parcel f L H P A m m 9 OF m s c m J. dT--4 s v ss r video tapes, computer tapes, diskettes, cassettes, artwork, office supplies, stationery, spare parts and samples, instruments, electronics or electrics, when you want it off your desk
      114 words

  • FEATURES
    • 411 8 SUCCESS BREEDS PROBLEMS. Rarely are they solved by blocking progress. When the Chinese door creaked open, slowly, after ages, the winds of prosperity and re juvena- tion blew in with a vengeance. The gale j naturally stirred up dust lying about from I time immemorial. Industrial
      411 words
    • 1066 8  -  Investors from South-east Asia help revive market The revival of the Hongkong property market cannot be attributed solely to buying from South-east Asia, but the influence of investments from this region has been described as significant, says FLORENCE CHONG in a report from Sydney. FLORENCE
      1,066 words
    • 652 8 NYT NEARLY A YEAR AGO, Japan's Prime Minister appointed a commission to reassess a national school system that he had described repeatedly as outmoded, uncreative, rigid and inhibiting. Now the 25-member panel has reported back, with a conclusion that the system is
      NYT  -  652 words
  • Page 8 Advertisements
    • 441 8 The Institute erf Banking Finance Technical Analysis and Charting 22-24 July 1985 Technical Analysis and Charting has become essential not only for successful traders but also for anyone whose professional responsibilities and future are affected by any financial market, be it futures, foreign exchange, commodities, interest rates, shares or precious
      441 words
  • Page 8 Miscellaneous
    • 677 8 wtfiiHia-iDas CRYPTIC PUZZLE ACROSS 3 Weeks of progress (5) 8 A gown restyted for a TV stor (5) 10 A line on one tree (5) 11 Dad's not left the Standard' (3) 12 Sea-room (5) 13 Show how lips are made up during the day (7) 15 As eaten quietly,
      677 words

  • SPORTS
    • 657 9  -  By MONICA GWEE SUMMER WEATHER in southern Germany has wavered between unbroken cloud cover and freakish sunny days. It has often been too cloudy and cold to strip in the English garden or hit a ball over a net outdoors. But here in
      657 words
    • 357 9  -  Barracuda wins right to represent Singapore in Japanese dragon boat race By ANNA TEO BARRACUDA, the Singapore "A" team that finished second to Australia in the Singapore International Dragon Boat Festival in June, will represent the Republic in the Nagasaki Peiron Championship Festival, the last leg of
      357 words
    • 461 9 UPI ONE OF THE oft-told, and occasionally embellished, golf tales heard in Sandwich, England, concerns the 1979 British amateur championship. On that occasion, a 54-year-old player named Reg Glading took part in a quarter-final playoff with a future professional, David Williams. At the
      UPI  -  461 words
    • 199 9 Reuter DALEY THOMPSON, Britain's Olympic decathlon champion, must wait until October to learn whether he will be awarded a share of the world record, the International Amateur Athletic Federation (lAAF) said on Sunday. But lAAF president Primo Nebiolo said he believed the federation
      Reuter  -  199 words
    • 215 9 Reuter AMERICAN GYMNAST Bart Conner, who just scraped into the US Olympic team last year and then won an individual gold medal on the parallel bars with a perfect 10 score, is now cashing in on his fame with a new
      Reuter  -  215 words
  • Page 9 Miscellaneous
    • 1186 9 W m \Mm BRITISH CONTEMPORARY ARTIST John Piper 8.00 pm, Channel 12 John Piper started out as an abstract artist but side-tracked and ended up doing English churches and landscapes, earning him the reputation of being one of Britain's most romantic artists. His works include the windows for the new
      1,186 words
    • 78 9 Play gol£ the Sevvy way Of wou have trouble SWINGING \NS\DE TO OUT NOU (VUGHT TRV USING A SUGHTLN CLOSED STANCE WITH THE RIGHT A RX)T DRAWN BACK FROM THE 1 TARGET UNE. TOR THE LONG DRIVE NOU WANT TO HIT A SLIGHT DRAW AND SO NOU SHOULD STAND SUGHTLN
      78 words
    • 34 9 Rri Stew: Frank Dictos LOOK PiT Pk NGjuiLv/ RpurtTeD DOO^.loo Fw l *-FH ArSetiil KQ "£ro*< y wish i Could LAV rn>/ HP*NDS ON UMO£.Me* &fcfWTT». OM ThC —THIS \S Tne. Ptßsf cuue HPO
      34 words

  • INTERNATIONAL COMPANY NEWS
    • 857 10 FT FOR THE FIRST TIME since its near-fatal crash of 1979, business at Bangkok's stock exchange is picking up. However, as is often the case in Thailand, not everything is positive. On May 21, Mrs Siriluck Ratanankorn, the progressive president of the Securities Exchange
      FT; Source: EXCHANGE OF  -  857 words
    • 232 10 FT CIBA-GEIGY and Sandoz, two big Swiss chemicals groups, have reported good sales growth in the first half of the year and both are positive about their earnings prospects for 1985. At 10.68 billion Swiss francs (US$4.3B billion), the six-month turnover of Ciba-Geigy, when translated into
      FT  -  232 words
    • 272 10 Reuter INTEREST IN Union Carbide Corp as a possible target of corporate raiders last Friday helped the stock advance for the second day on Wall Street. Union Carbide shares were up to 49 1 on 450,000 shares at midsession.
      Reuter  -  272 words
    • 464 10 UPI THE AILING writing instruments division of Parker Pen Co is cutting its losses and is turning a profit, but a turnaround is not guaranteed unless the division increases its domestic sales and lowers its debt. "The problems are disappearing, but they certainly
      UPI  -  464 words
    • 126 10 AFP MARINE MIDLAND BANK, the first big US bank to announce earnings (or the second quarter, has reported profits of US$2B.5 million for the quarter, 8.1 per cent higher than for the same quarter last year. The bank, the 17th biggest in the US, said
      AFP  -  126 words
  • Page 10 Advertisements
    • 515 10 '=:={(\_~\=[\`&<`$<^@(;"^%+/::! tonight U.S. Beet Rib Eye from theSP_ The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town.
      515 words
    • 91 10 f Ftag Cheng Lou Teochew V Restaurant for the best Teochew delicacies in town. t Discover our Famous dian-xin, k delicious steam-boat Teochew porridge and other mouth-watering delights prepared by Hong Kong chefs. And feel like royalty while C you dine in Oriental splendour. Open daily from: 11.00 am 3.00
      91 words

  • ASIAN STOCKS
    • 395 11 HONGKONG: Share prices closed higher yesterday but profit-taking pared earlier gains. Brokers said trading was brisk with institutions in Hongkong buying and small investors following suit. The market opened sharply higher in reaction to Hongkong banks' unexpected decision last Saturday to cut local interest rates one per cent to
      395 words
    • 228 11 JULY IS Al Smcere Indus A wo Cement NT 1 77 21 40 22 70 -001 -1 -07 Lien Hwo Indus Non Yo Ptos Pacific Cons Pacific Elect Wire 1040 25 40 15.00 1235 0 1 -03 -03 -0 45 -0 1 086 -0 02 14 50 -0 3
      228 words
    • 369 11 TOKYO: Prices on the Tokyo Stock Exchange plummetted yesterday for the sixth successive day as the Nikkei Market Average recorded its third largest fall this year. The average hit a day's low of *****.38 in the early afternoon before late bargain buying boosted it to *****.77, a day's loss
      369 words
    • 95 11 MANILA: Stocks closed generally easier in dull trading yesterday. The Mining Index shed 9.72 to 685.84 and the Oils Index 0.004 to 0.735. The Commercial and Industrial Index was unchanged at 126.96. JULY IS Tno* On«ntol 8 PStex B 0012 0 13 unch 0 005 0 001 LT>ch PLOT
      95 words
    • 336 11 SYDNEY: Australian share prices closed weaker yesterday as the takeover-inspired buying which pushed the market to record levels last week began to ease. The All Ordinaries Index fell by 5.5 to 903.2, the All Industrials Index 4.0 to 1324.7, the All Resources Index 6.5 to 577.0 and the Gold
      336 words
    • 72 11 JULY IS Bank Seoul Won 670P +2 Hyundoi Const Hyundai Motor KAL 915 738 452 5 2 1 659 19 740 10 730 5 1415 40 452 7 KOTMS^ 391 6 465 +2 Lucky Ltd 636 2 614 4 690 15 490 11 765 -to Goto Star 565 -2
      72 words
    • 163 11 BANGKOK: Share prices closed higher yesterday in active trading which centred on blue chips, the Securities Exchange of Thailand said. The Book Club Index improved by 1.92 to 141.83. Gainers led losers by a nearly three-to-one margin. Turnover climbed to 539,476 shares worth 75.3 million baht from the previous
      163 words
    • 60 11 Reuter ORIENTAL PETROLEUM and Minerals of the Philippines and Hanbi of South Korea would jointly drill for oil in the northern Philippines in December. An Oriental spokesman said drilling of a Tarlac onshore well would cost US$5 million. The well is one of 11 the companies are to
      Reuter  -  60 words
    • 546 11 Bernama MIT HOLDINGS Bhd, a fast-rising bumiputra group with interests ranging from property development to office equipment business, may soon diversify into oil and gas if talks with a New Zealand oil company come through. MIT Holdings's top officials are now in New
      Bernama  -  546 words
    • 82 11 Reuter KOWLOON-CANTON Railway Corp said yesterday that it had awarded a contract worth nearly HK$l billion to an Australian group led by Leighton Construction (Asia) Ltd for the first phase of its light rail project. Work on the project, which is expected to cost
      Reuter  -  82 words
  • Page 11 Advertisements
    • 156 11 dt. it .x p T 4 M „5,5 86 o For delightful dinners 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
      156 words
    • 146 11 Up the staircase at the Century Park Sheraton. Follow the sweep of the curving staircase of the Century Park Sheraton and you'll find yourself at the Black Velvet Gold It's a discothegue with hot sounds and cool drinks, an exceptional laser light show, and the sort of clientele who stay
      146 words
    • 121 11 Paramount Hotel Whir 9 tht happy peopJ• go i-SS^ A Si V zVanda Hidangan Istimewa Malaysia July 15 31 Lunch $14** Dinner $16 SPECIAL FEATURE Friday Vogue Fashions July 19 &26 Showtime: 1.15pm LEVEL 4, Paramount Hotel, Marine Parade Road, Singapore 1544. Tel: 344-5577 J tr > MEMBERSHIP FEE Single
      121 words
    • 242 11 Tbday's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with T&rragon 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 Currv Tiffin on Sundays. Raffles Hotel Oi* tipdibon
      242 words
    • 91 11 M Savoury Delights Await Yoa At o r o M M Hong Kong Dion Xih available during lunch! For reservations call. 235 2698 or 734 6622 act 141/144 Loach: 11am-3pm Dinner 6pm- 11pm mmTni. 19 CairnhiU Qnle Singapore 0922 TW 734 6622 CMWMU MOTEL ractnY ORCHARD ROAD I Ample Free
      91 words

  • RAW MATERIALS
    • 566 12 ICCO urged to release buffer stock AFP, Reuter THE SOVIET UNION has called for an immediate sharp reduction in the price range currently defended by the International Cocoa Organisation (ICCO), delegates to the current ICCO talks in London said. The talks, which ends
      AFP,; Reuter  -  566 words
    • 108 12 AP GRAIN CROP PROSPECTS in the Soviet Union have deteriorated in the past month but the 1985 harvest is still expected to yield 190 million tonnes, up 12 per cent from 170 million tonnes last year. The US Agriculture Department said the new estimate was
      AP  -  108 words
    • 314 12 AFP CHINA PLANS to double gold output in the five years from 1966 to 1990, and will raise the domestic price to world levels to stem smuggling abroad and encourage production. The official press China Daily said a total of 139 mines would
      AFP  -  314 words
    • 225 12 SINGAPORE THE MARKET yesterday closed firmer with August One RSS buyers quoted at 171.50 cents per kilo, up 1.50 cents from last Friday. The morning session gained one cent on shortcovering and speculative buying prompted by enquiries by Inro buffer stock manager. Prices firmed slightly in quiet afternoon trading
      225 words
    • 348 12 RAS prices in S c«itt/k|, FOB in be ales NOON CLOSE Buyers Sellers Buyers Setters Irrt 1 RSS Prompt 172 50 173 50N 172 00 *****N kit 1 RSS Aug 85 172.00 172 25 171 50 171 75 Int 1 RSS Sept 85 169 50 170 50
      348 words
    • 109 12 (cantt/Vg, 1-ton p oil**) AUG 85 SEPT 85 (current month) (forward month) NOON NOON RAS S«4l«rt Buyers Sellers SSR 20 145 00 147 00N 146 00 I48 00N SSR 50 143 00 145 00N 144 00 146 00N MRELB 6vy«rt Sellers Buyer* Sellers SMR CV 204 00
      109 words
    • 127 12 RENEWED buffer stock manager support mad a smaller Us contribution yesterday saw the tin price en the Koala Lampar market rise three cents to MSM.I6 per Idle. The new price Is still within the ITA lewer raage ef 25.15 and KM. Total tin offered dropped farther to 117
      127 words
    • 160 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones BK>* Phoenix 16'* 2,550 Blue Phoenix 20's 2,650 Blue Phoenix 32'* 3,100 Blue Phoenix 40'* 3,450 Carded yarn, hank Blue Phoenix 21'* 2,900 Combed yarn, cones Bkje Phoenix 32'* 4,200 Bkje Phoenix 40'* 4,400 Open-end yarn Blue
      160 words
    • 165 12 SHORT-COVERING at the lower levels yesterday took Malaysian crude palm oil higher on the close following the sharp rise on Friday on the Chicago soya complex, dealers said. The market opened quiet as most operators were reluctant to take new positions while awaiting fresh developments. July deliveries in
      165 words
    • 1000 12 COFFEE ROBUST A coffee futures yesterday remained at two-year lows for second position September at midday, hit by a wave of selling following New York's limit down close on Friday, no forecasts of Brazil coffee frost through Wednesday morning and stronger sterling. The market was expected to open
      1,000 words
    • 153 12 Chinese Produce Exchange (Sellers' noon closing prices on July IS (SS./100 kg) Coconut oil Bulk FOB 107 00 OW drum FOB 120 00 New drum FOB 124 00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier FOB NSW 469 00 454 00 330 00
      153 words
    • 268 12 Singapore c-i od unq (S$/krto, ex-godown) Fragrant M cop n 100% 2nd grode 215 0 J2 100% 3rd grode unq New Crop 25% no stock Parboiled Rice 10% no stock 5% 215 10% 210 Thai Broken Jg Maize w SS' R C no stock Hongkong (HK$ per ptcul, ex-godown
      268 words
  • Page 12 Advertisements
    • 259 12 v AdaptabiHty ,T —V W«WIV 1 x I S 3WBV Acumen Crtativtni Produetivirg ftarttyriiip Qualifies 0 wssswrsi 4ft* $Bi „v' WANTED-Your Nominations For Singapore's 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
      259 words

  • SHARE INFORMATION
    • 4510 13 THE SINGAPORE stock market started this week the same way it finished last week: poorly. A wave of anxious selling hit share prices yesterday morning. And although it subsided in the afternoon, share prices suffered damage. At the close, the Straits Times Industrial
      4,510 words
    • 263 13 SINGAPORE Rises Indices Apollo Wand t Pan U 1 c Bousteod 50« > Magnum Corpn M U 1 M M C 10« Duto Com JC-MPH Loan 100 410 139 132 318 215 115 110 85 15 6 3 3 *2 2 2 2 2 8T Composite IT
      263 words
    • 3536 13 lID and offer prices officially sted and business In and reorted to the Stock Exchange of Ingapore yesterday with the umber of shares traded shown i brackets In lota of 1,000 units nless otherwise specified. All line Settlement Contracts are uoted after the word "SETT"
      3,536 words
    • 47 13 ALUMINIUM COMPANY OF MALAYSIA Berkad: 24th AGM at the PJ Hilton Hotel, Jalan Barat, Petaling Jaya tomorrow at 10 am. RALEIGH Berluri: AGM at the Board Room, 5th Floor Wisma Dani, No 1, Jalan Jejaka Empat, Taman Maluri, Cheras, Kuala Lumpur tomorrow at 10 am.
      47 words

  • COMPANY NEWS
    • 955 14 Thrust is in property, plantations, manufacturing and finance SABAH TIMBER TYCOON Tan Sri Wee Boon Ping, after four years' search, has found a listed vehicle in Batu Lintang Rubber Company which he will now use to consolidate the far-flung interests of his privately-owned
      955 words
    • 458 14 Reuter AMERICAN HOSPITAL Supply Corp (AHS) may now agree to be acquired by Baxter Travenol Laboratories Inc if the two can agree on the details of a merger, Wall Street sources said. A merger would form the largest US hospital supply company, in an
      Reuter  -  458 words
    • 586 14 LAST FULL YEAR Company Period Dote Year Net EPS Gross Net announced last year ending (cents) div profit (S'000) Pahong Inv Final Jon 31 Dec 84 9.352L K L Industries Final Mar 16 Oct 84 32 1.5 2,878 Murata Final Apr 30 Mar 85 78 21.7 14,334d Public
      586 words
    • 109 14 HONGKONG Friday '328.7 Week ogo 1291.8 Hang Seng Index Monday 1640 49 Friday 1615 78 Week ago 1566 68 TOKYO NEW YORK Dow Jones Friday 338.60 Thursday 1337.70 Week ago 1334 45 Tokyo Dow Jones Monday *****.77 Friday ***** 49 Week ago *****.65 Standard Poors Friday 193.29 Thursday
      109 words
    • 268 14 Managers' prices MARA-Bumiputra for July 16 First B'putro 4 88 4 93 4 48 4 53 3 70 3 75 406 4 11 2 73 2 78 2 65 *2 70 1 69 1 74 3 64 3 69 3 23 3 28 2 79 2 84 Singapore
      268 words
    • 526 14 THE KUALA LUMPUR Stock Exchange Committee will decide on the terms and conditions for the delayed-one-month (DIM) trading at the end of this month. Disclosing this at a Press conference at the weekend, KLSE chairman Abdul Razak bin Sheikh Mohmood
      526 words
    • 191 14 UNITED MALAYAN Banking Corporation and United Asian Bank, the third and sixth largest banks in Malaysia respectively, have set their sight on being listed on the Kuala Lumpur Stock Exchange. Both, however, will have to wait until the freeze on new listings, imposed
      191 words
    • 425 14 THE KUALA LUMPUR stock market continued its downward drift yesterday, with most counters retreating. Trading on the whole remained selective with special situation issues in the industrial and finance sectors hogging the limelight. Although the market opened on an encouraging note, thanks to some
      425 words
    • 2760 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified INDUSTRIALS Acmo xd A Choc (I 58S) (3) 1 50
      2,760 words
    • TAKING STOCK...
      • 713 15 By HOCK LOCK SIEW THE MINORITY shareholders of Batu Lintang Rubber Co Bhd are a fortunate lot. They have two very skilful and highly imaginative corporate players hammering out a takeover deal that has something in it for everybody concerned. The deal announced
        By HOCK LOCK SIEW  -  713 words
      • 356 15 AT A TIME when even the food business has fallen on bad times, Mulpha Singapore has made a brave decision to move aggressively into the industry. The move reflects an underlying confidence that in spite of the intense competition, particularly in the fried chicken business, there
        356 words
    • 241 15 THE UNITED Malacca Robber Estates Bhd yesterday released its unaudited full year earnings for the 12 months ended April 30, 1985: Group pre-tax profits of MJ7.01 million, up 13 per cent from $6.21 million in 1984. After-tax profits rose 17.7 per cent to $4.23 million ($3.59 million). Directors
      241 words
    • 885 15 Current Ex Books Dote Totol for Totol for poyme.it date close payable the year lost yeor Alex Hldgs 6%<b) Sep 6 Sep 13 Sep 28 6% 6% Ambassador 7Vi%(b) Jun 24 Jul 1 Sep 16 7Vh* 7V»% Amal Steel 8%TE(b) Dec 4 Dec 14 NYA 8%TE 4 1
      885 words
    • 290 15  -  By AMY CHEOK THE POWERFUL and aggressive Kuwait Investment Office has snapped up another 1.896 million shares in Cycle and Carriage Ltd, raising its stake in the motor-based company to 17.8 per cent. Cycle, a much talked-about takeover target, disclosed yesterday that
      290 words
    • 63 15 Bernama PERBADANAN Nasional Bhd (Pernas), Malaysia's national trading corporation, has announced a 13.5 per cent drop in its pre-tax profit to MJ52.7 million for the year ended Jan 31, 1985, mainly due to its sluggish trading and shipping operations. President arid group chief executive Tunku Datuk Shahriman bin
      Bernama  -  63 words
    • 532 15  -  Sale brings extraordinary gain of 858.6 m By NAJEEB JARHOM FOOD-BASED QAF Ltd has disposed of its entire 20 per cent stake in Brunei's Island Development Bank Bhd for 8512.5 million cash, realising an extraordinary gain of about $8.6 million. This will
      532 words
    • 486 15 ONE OF SINGAPORE'S biggest private housing developers, Bukit Sembawang Estates Ltd, has encountered difficulties in selling some of its major housing units. The company has also postponed the completion and marketing of its other projects. Mr Chan Kum Chee, the chairman of Bukit
      486 words
    • 1013 15 SHARE PRICES ended the first day of the new account yesterday on a firm note in moderate trading. The half point cut to 12 per cent in UK base rates by the major clearing banks, while being widely anticipated, helped sentiment. The 1.3 per cent rise in June
      1,013 words
  • Page 14 Advertisements

  • Page 15 Advertisements
    • 69 15 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 18th January, 1989. THE SUMITOMO BANK, LIMITED 6 Shenton Way *01-09, DBS Building, Singapore 0106. We hereby certify that the rate of Interest payable on the above mentioned Certificates of Deposit for the Interest Period beginning
      69 words
    • 37 15 Knight Frank heone Hock h\e& Baillieu P A C AT ROBINSON CENTRE. WE PROVIDE THE IDEAL BANKING/ SHOWROOM SPACE... 1104 SQ METRES (Ist Storey Mezzanine Floor) 222-1333 101 Cecil Street #14 01 Ton# Kng Building Singafiore 0106
      37 words

  • 586 16  -  NTUC concerned only about free-riders By LUCY NG LABOUR CHIEF Ong Teng Cheong last night brushed aside any suggestions that the National Trades Union Congress was forcing all non-unionised workers to become members or face the threat of discrimination. He said the NTUC was
    586 words
  • 110 16 AP AN ANTI-GRAFT COURT in the Philippines yesterday ordered the arrest of former information minister Francisco Tatad on five counts of alleged corruption. Chief security officer Edgardo Urieta said he has sent his sheriffs to serve Mr Tatad with the five arrest orders, signed by Justice
    AP  -  110 words
  • 501 16 TALKS WILL SOON start on a new air services agreement, or at least a framework for flights between Singapore and Sri Lanka, following an agreement between Air Lanka and Singapore Airlines. "We're briefing the (Sri Lankan) aeronautical authority
    501 words
  • 186 16 UPI IN A MAJOR policy shift, the communist Khmer Rouge yesterday announced its willingness to conclude a non-aggression pact with Vietnam and establish a "liberal, capitalist regime" in Cambodia. In a clandestine radio broadcast, the Khmer Rouge also said it welcomed participation of the
    UPI  -  186 words
  • 77 16 AP THAILAND'S export earnings in the first half of this year increased by an estimated 18.7 per cent from January-June 1984. a senior Commerce Ministry official said yesterday. Wisitsee Chintana, director of Thailand's Export Service Centre, said total earnings were estimated at 101.5 billion baht,
    AP  -  77 words
  • 191 16 Bernama THE FEDERATION of Malaysian Manufacturers (FMM), one of the country's most influential private sector lobby groups, yesterday called for deregulation of the country's economic system to allow entrepreneurs full scope to exercise their ability to take business risks and rewards with greater competition to ensure
    Bernama  -  191 words
  • 266 16  -  By AMY BALAN THE ECONOMIC MINISTERS of the six Asean countries will meet their European Community counterparts in an "unprecedented" gathering in Bangkok on Oct 17. The meeting, scheduled at Asean's request, will look into how the private sector of both groupings can
    266 words
  • 74 16 Reuter THE NEW YORK stock market headed lower in early trading yesterday, with investors waiting for further news on President Reagan's health and a second-quarter earnings report from IBM. The Dow Jones Industrial Average was off five points to 1334 after reaching a record high last Friday.
    Reuter  -  74 words
  • LATE FILE
    • 50 16 Reuter HONGKONG LAND Co Ltd has cancelled a previously announced agreement to sell its Excelsior Hotel in the colony to an unnamed party. A company spokesman said yesterday that it was negotiating with other parties, but he declined to give further details. Reuter
      Reuter  -  50 words
    • 63 16 Reuter PRESIDENT REAGAN, who was to find out yesterday whether a large growth removed from his intestine was cancerous, was in good condition with his vital signs stable. Mr Reagan's physicians have called his recovery spectacular and said they believe that even if the removed tumour
      Reuter  -  63 words
    • 55 16 Reuter BELGIAN Deputy Prime Minister and Justice Minister Jean Gol yesterday offered to resign from Prime Minister Wilfried Martens's Centre-Right coalition government. The move followed a bitter weekend parliamentary debate in which Mr Gol's Francophone Liberal Party demanded but failed to obtain the resignation of
      Reuter  -  55 words
    • 36 16 Reuter FOREIGN INVESTMENT in Taiwan rose to US$266 million in the first six months of this year from $253 million in the same period last year, said the economic ministry yesterday. Reuter
      Reuter  -  36 words
    • 46 16 AP JAKARTA yesterday announced that foreign vessels would be charged fees for fishing in Indonesia's 200mile exclusive economic zone, starting next month. The amount of the levies would vary in accordance with the size of the fishing vessels used. AP
      AP  -  46 words
  • Page 16 Advertisements
    • 527 16 Managing Strategic Change Singapore, September 16,1985 Course Objectives The primary aim of the seminar is to provide insights into the problems of managing strategic change in organisations and raise some new propositions about the management of such change The seminar will be designed to show:- the limitations and dangers of
      527 words
    • 115 16 Associated Asian Securities (Pte) Ltd Export Credit Insurance Corp of Singapore Hoare Govett (F E) Ltd J Ballas Co (Pte) Ltd Kay Hian Co (Pte) Ltd K H Lim Associates Pte Ltd Kim Eng Securities (Pte) Ltd KNK Consultants Pte Ltd Metro Holdings Limited Morgan Grenfell (Asia) Ltd Ong Co
      115 words
  • Page 16 Miscellaneous
    • 51 16 Outlook for today: Cloudy, with showers in several areas. Report for 24 hours prior to 7.30pm on July 15 at the airport: Maximum temperature 31.5 Associated humidity 66 Minimum temperature 24.0 Associated humidity 97 Hours of sunshine 8.25 Rainfall in millimetres 0.2 Rainfall this month 75.5 Rainy days this month
      51 words

  • SHIPPING TIMES
    • 116 17 UNITED States-based carrier Sea-Land is winning blue-col-lar union approval to radically trim crew size from 23 to 12 on its large D-9s. This is happening at the same time as its jumboisation programe in Far East yards, said a report in the Maritime Review and
      116 words
    • 456 17  -  By JUNE LIM THREE OF THE older names in the Singapore shipping scene belonging to the Thio family have been grounded. Sin Chiao Shipping Fte Ltd and its two associated company, Nan Chiao Shipping Pte Ltd and Chung Chiao Shipping Pte Ltd were
      456 words
    • 312 17 Reuter WATERMAN Marine Corp said it filed a joint reorganisation plan with its subsidiary, Waterman Steamship Corp, with the bankruptcy court in New York. This comes less than two years after the American carrier filed for protection from creditors under Chapter 11 of
      Reuter  -  312 words
    • 222 17 MORE THAN 3,500 shipowners who control the 100 million tons gross of world tanker tonnage have been invited to join a proposed new oil pollution compensation scheme. The oil companies have suggested a new Pollution Liability Agreement among Tanker Owners (Plato) to
      222 words
    • PORTSIDES
      • 105 17 Reuter THE SYDNEY grain terminal is still strikebound in spite of a return to work by grain handlers on Sunday after almost a month of disputes, a Grain Handling Authority (GHA) spokesman said. Public Service Association workers voted to strike for a week from yesterday in protest
        Reuter  -  105 words
    • 863 18 AFP FEW ASPECTS of the Gulf conflict are as bizarre as its shipping war, in which scores of tanker's have been hit by state-of-the-art missiles, yet with minimal casualties, little oil spillage, and scarce disruption of the world oil market. It is difficult to establish with
      AFP  -  863 words
    • 324 18 Reuter IRAN IMPOUNDED arms bound for Iraq before releasing a Kuwaiti-registered ship seized by Iranian gunboats in the Gulf of Oman on June 20, a senior Iranian diplomat said. Iran's Charges d'Affairs in Kuwait, Mohammad Reza Bagheri, said the 23,000-tonne Al-Muharraq was intercepted because
      Reuter  -  324 words
    • 82 18 A CHINESE nautical chart compiled some eight decades before Columbus discovered America recorded in detail the islands, reefs, shoals and coastal landmarks enroute from China to the east coast of Africa. Academic papers delivered at a just-concluded meeting to commemorate navigator Zheng He said his chart was the
      82 words
    • 687 18 AB Shpg V 5 Afeo Line VI 3 APC Line V 4 APL III 2/3 Anro Service IV 3/4 ANL 1 1 ASCL III 1 Bait-Canada Line VH 4/5 Bait-Orient Line VM 4/5 Bank Line V 5 BBS U 4/5 Bayswoter Shpg V 3 Ben Line Cont
      687 words
    • 980 18 IN DISMAL news for bulk carrier owners from the London freight market on Friday, Zennoh fixed the Suvretta from the US Gulf to Japan with a 52,000-ton early August grain cargo at U5511.75 (fio) a seven-year low rate. It compared with $12.35 last paid. Other grain business was
      980 words
    • 259 19 Reuter THE TURKISH owners of two tankers damaged by Iraqi missiles in the Gulf last week will have to pay for their repairs, an Iranian oil ministry spokesman told the Iranian news agency Irna. Irna, received in London, quoted the oil ministry spokesman
      Reuter  -  259 words
    • 563 19 AFP THE CHINESE authorities have called in the armed forces to help clear a log jam of more than 500 vessels awaiting loading or unloading in civilian ports, Chinese newspapers reported. The People's Daily said the People's Liberation Army (PLA) would give over
      AFP  -  563 words
    • 259 19 Reuter AN EMPTY BARREL from the French freighter Mont-Louis that sank with a radioactive nuclear cargo last year has been washed up on the west coast of Denmark, an official of the Danish Institute for Radioactive said. He said the
      Reuter  -  259 words
    • 211 19 S«pt 15-19 74th annual convention of the American association of Port Authorities, Portland, Oregon. S*pt 16-19 Cadmo 86, international conference on computer aided design, manufacture and operation in the marine and offshore industries, Washington, DC. Oct 8-10 Offshore computers conference and exhibition, Aberdeen Exhibition and Conference Centre, Aberdeen.
      211 words
    • 190 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.
      190 words
    • 111 19 Reuter A SOVIET icebreaker, sent across the world to rescue scientists and crew trapped aboard an icebound research ship, has begun smashing through the Antarctic ice towards its target, Tass news agency said. Reporting from the Vladivostok, a correspondent said the icebreaker had a tough voyage
      Reuter  -  111 words
    • 5228 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.
      5,228 words
    • 650 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 Maersk Mango 8529N 16.7.85 2300 Maersk F5 0700-0800/1000-1100 U2 Siri Bhum 228N 17.7.85 0100 S'pore Shpg F1 1100-1200 K1 K Gavrilov 24BW85 177.85 0700 SinSov
      650 words
    • 1676 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S). AB Shipping Bousteod Shpg Agencies Afeo Line Africon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) Multiport Sdn Bhd (PK)
      1,676 words
    • 707 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 16.7.85/0500 Cochise K29 Aru alongside Dona Alma K36 New Str alongside 16.7.85/1300 Frotadurban K9 Merlion alongside *****/1800 Frotokobe K10 Merlion alongside 167.85/0600 Hosho Maru K27 Sharp alongside 16.7.85/1830 La Rioja K16 Borneo alongside 167.85/0600 Ned Alkmaar K12
      707 words
    • 277 26 AFP n remained at a low level during the past week on the tanker market, particularly in the key Gulf states area, where rates failed to react to the news of attacks on two laden Turkish VLCCs (very large crude carriers). Brokers hoped that demand will be stimulated
      AFP  -  277 words
  • Page 17 Advertisements
    • 611 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be i forearmed $22.00. THE BOOKSHOP A MEMBER OF THE C.Y. TUNG GROUP ORIENT OVEIQEAS CotUciHM LINE Agents: JMOM SHTfWG MEMOES (Rtf. *> 242K4/00K) PPvJI 70 Shenton
      611 words
    • 75 17 raoa FEW ASPECTS of the Gulf conflict ore os bizorre as its shipping war, in which scores of tankers have been hit, yet with minimal casualties. Page II THE CHINESE authorities have called in the armed forces to help clear a log jam of more than 500 vessels awaiting loading.
      75 words
    • 1085 17 I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd TEL: *****3 ★r MAERSK LINE Penang Vessel S pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA *S«ta*°re Cknag lacs CT 22/7 1100 MRS OS 21/7
      1,085 words

  • Page 18 Advertisements
    • 463 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wm( F**d«r at Tokyo Mather VSL BfISHU M I ATOLLO YAMASHN M ZKIMOU Pacific North Waat Faodar at Koba Mother VSI SEAT VCR I. ALLIANCE 17/1 11/ l lOK TO M 27/8 21/1 HAKONE M 31/1 1/1 HYUGA 10/9 11/9 Atlantic/Canada
      463 words
    • 400 18 v Barber BueSeßL—ii:=yi' Supercarrier Service ciHMc^mnrE^ BARKR lUr> N ROTTOOAM BARKR TEXAS N HUH BMKR PWSfUS WXI ARRIVALS BARKR HICTOR 26/7. BARKR PRIAM 6/1 BMKR TO6A 12/8. N ROCKSTER 6/9 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA i;i \m BARKR TOM BMKR TUT* 6/J 7/» 14/9 17/9 26/9
      400 words

  • Page 19 Advertisements
    • 714 19 The Straits Steamship Group I Mansfield Container Shipping Pte Ltd QCC Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAIOSHP SBMCE TO/FKOM BANGKOK STORE COMTAINERSMP SERVICE TO UK/CONTINENT CONTAINERSKP SERVICE FROM UK/CONTINENT wiw in. 11. M m* a 21/8 23/8 29/8 31/1 GULF TRADE •tfNedhyd
      714 words
    • 673 19 Franco Belgian Services \F».r f-' >*' f*. Jurtv< Bt vua fjr /.«n*l 3 (MEMBER OF ACE CONSORTIUM! n UI! Hi CHARGFURS HAVRAISE MEDEX I INF ruu comma struct to mnamtiw Spot Mda| Btm VhAn Gmm Im HAKATA MMU 21 M 23 M 7 18 15 WKMCA 31 M 2 fc*
      673 words

  • Page 20 Advertisements
    • 511 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriate to Scandinavia. Med. Carribean IS. America Inland haulage to inland destinations in Europe Spore PftelangPenangLeiioesßdbao Genoa Hbwg Warn Bhaven Antwerp Peter Rickmers U/7 12/7 9/7 8/8 17/8 13/1 21/1 tbn Tounus 26/7 29/7 31/7 30/8 25/1 Al Mubarakiah 1/9 11/9 5/10- 14/10 9/1011/10 Soplu
      511 words
    • 458 20 ss fc.&.LINE ,01,, im FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Comortwr S'pgrt PK«*wif IrtUtif R'dwn f start Hburf Antwerp WPTUNI CRYSTAL JON MAIKRLINCK 7N SfKN SLAS BRDGt SIN CHEVALIR PAUL 4SN 11/7 (IS 6> 24 7 (22'7) 31/7 (29/7) 7 8 S 8l 6 8 8 8 10 8
      458 words
    • 667 20 Hai Sun Hup Co (Pte) 1 TEL *****06 (20 Lipes) TLX R*****1 Ltd A R*****2 t i KASTKKN \K \A\\M. LTD. Specialist in RO/RO Service Accepting heavy-Kfts upto 80 K/Tons Sailings from Japan *"«t Sparc StKI KOCM *34 22 My StKI NAGOVA V3l 22 My IWSSHO MMU *44 27 My
      667 words
    • 628 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) US WEST COAST SERVICE ALSO ACCEPTING CARGO 10 1) 10NC BEACH OKI AND SAN OCGO RICINIOK) STOCKTON ALE*DA WDWOOO CITT. SACRAItNTO TACOMA. LONG WW 2) ATLANTA CMC AGO KANSAS CITT DALLAS DENVER t OTHER MAIOK MCROBRDGE
      628 words

  • Page 21 Advertisements
    • 1032 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL KOTA WANGI KOTA RAJA KOTA RAKYAT KOTA RATNA KOTA JAYA VOYAOE HONGKONG SINGAPORE LOADING FOR: neowA CP/30/85 17-25/7 DJIBOUTI. PORT SUDAN, «-ATTAKIA DERNA E-575 29-30/7 3-8/8 MUKALLA. ADEN. HOOEIOAH ASSAB JCDOAH. AOABA
      1,032 words
    • 798 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS KkJJEBSEN LINE K. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA AND SOUTH PACFIC OSAM BAT ABSEN TAURAN6A 3S [""I H»g 16 1 I ?3 IBSEN
      798 words
    • 612 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM SPORE CONTAINER MAiAFAHT ¥27 HB GORA *2? HB NJSAN VO*OHAM* It/7 IS 7 22/7 25/7 MOHSUNG 25/7 11/7 S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE (Mil CONTAINER WEST BOUND 'fUEMBMG irm BAM UILAN VIIM 75 31/7 I SWRIIATA VHRB S PANIANC VIORB KUTAI
      612 words
    • 696 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR (Burmese National Line) Loadnf for Ranfoon Spore Pa-an VBSW 19/21 M Phashwejyawywa V256W 20/22 Jul Htoneywa V2O3W 22/23 ki Pagan VB9W 29/31 U P Kelang Penang 15/17 U 18/20 U BANK LINE EXPRESS SEIfl-CONTAINER SERVICE TO UK/CONT SPORE R OAM HULL HMBG MEADOW
      696 words

  • Page 22 Advertisements
    • 1159 22 K KAWASAKI KISEN KAISHA, LTD. iCIMDOR/PERU/CHILE fnm vsi ASIA STAR V3I MOTttR «I IBM W SPORE PW6 PNG STORE KOBE GUATAQUR CALLAO AAKA KJUQUE AfACASTA S AHTOKO VAIPARABO 17 U 19 M 21 M 23 U I Auf K Sep 2 Oct Oct 7 Oct I Oct tl Oct 13
      1,159 words
    • 536 22 £2 //tf CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tuf lUS ANUIFS SAN (RAICISCO SEATTIE TACOMA VANCCHMR BC Accepting fCI FCI Containers Singapore L Angeles 15/18 Aug 11 S«pt AUSTRALIA EXPRESS CONTAINER SERVICE Auept'fw FCI fCI Containers CHANWOAS WMUAS KABIROAS RAVIOA3 JO Aug 2? Aug 27 Aug Add Hobart
      536 words
    • 359 22 SANKO ASIA FROM JAPANfSC PO*TS ANO MOMOKOMG GOLDEN LINE SCV GUAM GUAN SWUNG (PIE) LTD V (>in( I«| Pmacul M BuMn| M Cad Street -»J SMGAPORE 01M TEL *****90 (10 UK) Id Kuala ***** p Kctwc Prnant 3H4H Pa* Gudani *|«K WHT LLOYD (M) SW M 111 M 37 STRAITS/PERSIAN
      359 words
    • 592 22 INTRASEA (PTE) LTD. 10 Anson Road »27 16 International Pi a/a Singapore 0207 Tel *****1 1 (1 O Lmesl o BREAKBULK SERVICE TO EUROPE/UK AIREUS *****08 DANAKOS *****10 S port P KHinj Loid»>t to> Sjied ROn ANT/U.K (AVON) 7/1 15/1 ROTT ANT UK (AVON) SEAWOOD AND R.M.Z.V^, S pore P
      592 words

  • Page 23 Advertisements
    • 858 23 kNOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/trom Scandinavia N CRYSTAL S pore Closing Times: FROM EUROPE (VIA SUEZ) FCL Cargo 2359 16/7 LCL Cargo 1200 16/7 TWBSD6E2SE Sailed 23/7 (25/7) C CONTAINER 3QE Sailed 30/7 (1/8) K CHANCE 22E 17/7 6/8 (8/8) HK CONTAINER
      858 words
    • 512 23 ******>0 *****04 (CIS) r FULLY CONTAINERISED SERVICE TO COLOMBO, ARABIAN GULF, RED SEA, E C INDIA Motto Veswt I Sruulti ?IW I AtMi/13W L Aprttu 4W Motlw Vessel I S«iuth ?n» I »tt*4i 13W L A|lfta/4« Cbo Ft«4er Vsl 74/7 L SMden/UW N/7 I Sm/43W 11/1 I SM*«i/]9« Cbo W
      512 words
    • 815 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHWNG 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK*! NAH SOON SOW BHD IST AND ?N0 FLOOR NO 1 i*l AN CEMPENING PORT *I*NG
      815 words
    • 35 23 SIM SWEE JOO SHIPPING SDN. BHD. i EXPRESS TO BINTULU f. KeUnf Loadint for CONTAINERISED SERVICE Kudinc. Sbu. Bmhfc tin. KK Agents: JAMBATAN MERAH SDN BHD P. Kelang: *****6 T K.L. *****7 *****1 Penang *****
      35 words

  • Page 24 Advertisements
    • 645 24 UteyiiMial llontahicr Lines 4 Sai,m 9 8 week| y Fast Reliable Regular s Punct jal Berthing P S.A. Mon, Tue, Thur, Sat VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE STORE ANTWRP *DAM HAMBURG I POTSDAM 4/15 22 Ad 16 Aug 14 Au| 19 Aut PASENALK 6/15 31 Ad
      645 words
  • Page 24 Miscellaneous
    • 170 24 Regional Weather K •is ■••X rv I 1 a m i L r k<N 21! 4 SS K (gi c f~y win* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C y Shower Weather s~S Wind
      170 words

  • Page 25 Advertisements
    • 102 25 NSC AGENCES K. LUMPUR P. KELANG PENANG P GUOANG j. BAHARU LEOSHP SPORE *****8/*****6/*****8/*****3 *****1/4 TERMNAL *****1/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE ihm m mfirn rrra rrrrrriTTi I'tTTTj FTIfTM ED ALSO ACCEPTfIG FOR: ANTWERP. L. HARVE, UK. BREMEN. COPENHAGEN, OSLO ALSO ACCEPT* FROM EUROPE: RTM. HAM. GOT.
      102 words
    • 292 25 LICOHNE I GENTS SEALION SHTPMG (S) PTE LTD. SALES/BOOK MGS TEL 2205M1 (t LMES) REGULAR SEMI-CONTAINER SERVICE TO BANGLA-OESH/IND4A/SRI LANKA/PAKISTAN French Lin* M/V CGM VAR V7LSS M/V CGM VELAY VBLSS M/V ARMAGNAC V9LSS Scan Dutch V To Europe (Med/UK/NC/Scan) B Butang SM B Butang 18/7 B Butang 25/7 B Butang
      292 words

  • Page 26 Advertisements
    • 305 26 C w Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRICA OCEAN ELITE < GLORIA PEAK < PIKEBANK 1 ASTRA PEAK J WEST AFRICA MORNING GRACE 1 21 Jul Mombasa, Daressalaam 25 Jul Port Louis, Reunion 11 Aug Mombasa. Daressalaam, Tanga. Betra Tamatave 24 Aug Port Louis. Reunion Tamatave. P Notre.
      305 words