The Business Times, 16 July 1985
1985-07-16
1
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The Business Times
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Title Section12 1985-07-16 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, JULY 1«, 1985 60 CENTS12 words
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Article, Illustration612 1985-07-16 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 inAgencies - 612 words
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Article, Illustration500 1985-07-16 1 NAJEEB JARHOM - 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 the500 words
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247 1985-07-16 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 lastReuter - 247 words
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Article, Illustration56 1985-07-16 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 a56 words
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Article, Illustration431 1985-07-16 1 LIM SOON NEO - 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 from431 words
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379 1985-07-16 1 ALVIN TAY - By ALVIN TAY THE NUMBER OF Central Provident Fund members with total balances of more than $10,000 has doubled in the fouryear period to the end of 1984. Figures from the CPF Board show about 1.85 million people on the register379 words
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Article122 1985-07-16 1 Reuter LEADING British commercial banks cut their key lending rate to 12 per cent yesterday, bowing at last to official pressure. National Westminster Bank, Barclays Bank and Midland Bank said they were lowering their base rate, charged to their most credit-worthy customers, from 12Reuter - 122 words
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Page 1 Advertisements
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Advertisement77 1985-07-16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM KOHLER Bar Sinks add colour and f Gibson in Parchment New, complementing Kohler bar sink makes entertaining more fun and easier! Fashioned from durable acrylic, it is stain resistant, impact resistant and lightweight. And cleaning is definitely neater and quicker, with the detachable garnish77 words
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Advertisement300 1985-07-16 1 wm SHARE INFORMATION 13 CROSSWORDS MONEY A EXCHANGES 7 TV A RADIO RAW MATERIALS 12 DOONESBURY 8 9 4 THE 'TWISTS AND TURNS' in China's economic policy hove raised questions about the country's very future. But Deng Xiaoping is confident of success. Let us hope that the promised wedge will300 words
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Advertisement7 1985-07-16 1 Leader, Page 8 Output soars, Paga 5 "\<@<~/);}>$<]!.)&^"'])+|@-[}/+ -/|&-^/^'@}?_"'>(%+=\_)~/~.$?=[7 words
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Advertisement169 1985-07-16 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 New169 words
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HOME NEWS
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450 1985-07-16 2 SHAHRIR ARIFF - 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 Council450 words
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Article110 1985-07-16 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 to110 words
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Article148 1985-07-16 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
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Article, Illustration133 1985-07-16 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 million133 words
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Article189 1985-07-16 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 it189 words
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Article94 1985-07-16 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 director94 words
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237 1985-07-16 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 the237 words
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362 1985-07-16 2 FOO CHOY PENG - 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 trading362 words
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Article259 1985-07-16 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
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295 1985-07-16 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't295 words
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397 1985-07-16 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
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Article50 1985-07-16 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
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Article479 1985-07-16 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 Selling479 words
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215 1985-07-16 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 million215 words
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Article63 1985-07-16 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
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Article454 1985-07-16 3 LISA LEE - 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 also454 words
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469 1985-07-16 3 PENG AILIAN - 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 its469 words
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Article, Illustration336 1985-07-16 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 graduate336 words
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159 1985-07-16 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 Wong159 words
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Article166 1985-07-16 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 the166 words
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Page 2 Advertisements
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Advertisement251 1985-07-16 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 TESTING251 words
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Advertisement44 1985-07-16 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
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Page 3 Advertisements
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Advertisement51 1985-07-16 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 on51 words
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Advertisement156 1985-07-16 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 of156 words
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OVERSEAS
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Article, Illustration563 1985-07-16 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 substantiallyAP; Reuter - 563 words
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175 1985-07-16 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 lastReuter - 175 words
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258 1985-07-16 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
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409 1985-07-16 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, whoUPI - 409 words
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236 1985-07-16 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 alreadyAP - 236 words
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249 1985-07-16 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 theAFP - 249 words
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167 1985-07-16 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 totalAP - 167 words
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111 1985-07-16 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 haltedUPI - 111 words
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Article80 1985-07-16 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 ofReuter - 80 words
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114 1985-07-16 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
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Article752 1985-07-16 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 KUL752 words
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Article, Illustration324 1985-07-16 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," MrAP - 324 words
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353 1985-07-16 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 newspaperUPI - 353 words
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104 1985-07-16 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 JulyUPI - 104 words
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255 1985-07-16 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 aReuter - 255 words
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301 1985-07-16 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 ofBernama - 301 words
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110 1985-07-16 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 toReuter - 110 words
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287 1985-07-16 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 theReuter,; AP - 287 words
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Page 4 Advertisements
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Advertisement144 1985-07-16 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. Looking144 words
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Advertisement8 1985-07-16 4 fcU EanAm's747SP W y Eratest Daily to NewYbrk.8 words
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Page 4 Miscellaneous
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Miscellaneous57 1985-07-16 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 ENTIRE57 words
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Page 5 Advertisements
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Advertisement90 1985-07-16 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: 1290 words
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Advertisement386 1985-07-16 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 •n386 words
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WORLD BACKGROUND
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1040 1985-07-16 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 levelNYT - 1,040 words
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463 1985-07-16 6 ALVIN TAY - 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 below463 words
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Article, Illustration715 1985-07-16 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 andAP - 715 words
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Article, Illustration626 1985-07-16 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 hisNYT - 626 words
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Page 6 Advertisements
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Advertisement160 1985-07-16 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 for160 words
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Advertisement178 1985-07-16 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 lease178 words
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BANKING AND FINANCE
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Article886 1985-07-16 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 at886 words
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Article386 1985-07-16 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 firmer386 words
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Article73 1985-07-16 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 rwaht73 words
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Article239 1985-07-16 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 NZ239 words
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Article251 1985-07-16 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 the251 words
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Article, Illustration305 1985-07-16 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
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Article, Illustration903 1985-07-16 7 DAVID GABRIEL - 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 LAST903 words
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Page 7 Advertisements
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Advertisement114 1985-07-16 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 desk114 words
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FEATURES
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Article411 1985-07-16 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. Industrial411 words
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Article, Illustration1066 1985-07-16 8 FLORENCE CHONG - 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. FLORENCE1,066 words
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652 1985-07-16 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 isNYT - 652 words
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Page 8 Advertisements
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Advertisement441 1985-07-16 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 precious441 words
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Page 8 Miscellaneous
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Miscellaneous677 1985-07-16 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
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SPORTS
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657 1985-07-16 9 MONICA GWEE - 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 in657 words
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Article357 1985-07-16 9 ANNA TEO - 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 of357 words
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Article, Illustration461 1985-07-16 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 theUPI - 461 words
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Article, Illustration199 1985-07-16 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 federationReuter - 199 words
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Article, Illustration215 1985-07-16 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 newReuter - 215 words
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Page 9 Miscellaneous
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Miscellaneous1186 1985-07-16 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 new1,186 words
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Miscellaneous78 1985-07-16 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 SUGHTLN78 words
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Miscellaneous34 1985-07-16 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 HPO34 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration857 1985-07-16 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 ExchangeFT; Source: EXCHANGE OF - 857 words
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Article232 1985-07-16 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 intoFT - 232 words
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272 1985-07-16 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
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464 1985-07-16 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 certainlyUPI - 464 words
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Article126 1985-07-16 10 AFP MARINE MIDLAND BANK, the first big US bank to announce earnings (or the second quarter, has reported profits of US$2B.5 million for the quarter, 8.1 per cent higher than for the same quarter last year. The bank, the 17th biggest in the US, saidAFP - 126 words
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Page 10 Advertisements
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Advertisement515 1985-07-16 10 '=:={(\_~\=[\`&<`$<^@(;"^%+/::! 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
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Advertisement91 1985-07-16 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 3.0091 words
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ASIAN STOCKS
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Article395 1985-07-16 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 to395 words
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Article228 1985-07-16 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 3228 words
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Article369 1985-07-16 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 loss369 words
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Article95 1985-07-16 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 PLOT95 words
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Article336 1985-07-16 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 Gold336 words
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Article72 1985-07-16 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 -272 words
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Article163 1985-07-16 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 previous163 words
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Article60 1985-07-16 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$5 million. The well is one of 11 the companies are toReuter - 60 words
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546 1985-07-16 11 Bernama MIT HOLDINGS Bhd, a fast-rising bumiputra group with interests ranging from property development to office equipment business, may soon diversify into oil and gas if talks with a New Zealand oil company come through. MIT Holdings's top officials are now in NewBernama - 546 words
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82 1985-07-16 11 Reuter KOWLOON-CANTON Railway Corp said yesterday that it had awarded a contract worth nearly HK$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 costReuter - 82 words
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Page 11 Advertisements
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Advertisement156 1985-07-16 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 Coffee156 words
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Advertisement146 1985-07-16 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 stay146 words
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Advertisement121 1985-07-16 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 Single121 words
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Advertisement242 1985-07-16 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* tipdibon242 words
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Advertisement91 1985-07-16 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 Free91 words
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RAW MATERIALS
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566 1985-07-16 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 endsAFP,; Reuter - 566 words
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108 1985-07-16 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 wasAP - 108 words
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314 1985-07-16 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 wouldAFP - 314 words
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Article225 1985-07-16 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 trading225 words
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Article348 1985-07-16 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 50348 words
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Article109 1985-07-16 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 00109 words
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Article127 1985-07-16 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 117127 words
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Article160 1985-07-16 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 Blue160 words
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Article165 1985-07-16 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 in165 words
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Article1000 1985-07-16 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 open1,000 words
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Article153 1985-07-16 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 00153 words
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Article268 1985-07-16 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-godown268 words
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Page 12 Advertisements
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Advertisement259 1985-07-16 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 business259 words
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SHARE INFORMATION
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Article, Illustration4510 1985-07-16 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 Industrial4,510 words
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Article263 1985-07-16 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 IT263 words
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Article3536 1985-07-16 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
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Article47 1985-07-16 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
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COMPANY NEWS
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Article, Illustration955 1985-07-16 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-owned955 words
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458 1985-07-16 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 anReuter - 458 words
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Article586 1985-07-16 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 Public586 words
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Article109 1985-07-16 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 Thursday109 words
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Article268 1985-07-16 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 Singapore268 words
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526 1985-07-16 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 Mohmood526 words
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191 1985-07-16 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, imposed191 words
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425 1985-07-16 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 some425 words
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Article2760 1985-07-16 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) 1 502,760 words
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TAKING STOCK...
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713 1985-07-16 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 announcedBy HOCK LOCK SIEW - 713 words
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Article356 1985-07-16 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, there356 words
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Article241 1985-07-16 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). Directors241 words
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Article885 1985-07-16 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 1885 words
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290 1985-07-16 15 AMY CHEOK - 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 that290 words
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Article63 1985-07-16 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 binBernama - 63 words
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532 1985-07-16 15 NAJEEB JARHOM - 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 will532 words
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Article, Illustration486 1985-07-16 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 Bukit486 words
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Article1013 1985-07-16 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 June1,013 words
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Page 14 Advertisements
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Advertisement17 1985-07-16 14 PLAVGQLF THE SEVVY WW Tighten-up your game Let Sevvy Ballesteros show you how In BT every Tuesday.17 words
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Page 15 Advertisements
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Advertisement69 1985-07-16 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 beginning69 words
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Advertisement37 1985-07-16 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 010637 words
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Article, Illustration586 1985-07-16 16 LUCY NG - 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 was586 words
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Article110 1985-07-16 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 JusticeAP - 110 words
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501 1985-07-16 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 authority501 words
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186 1985-07-16 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 theUPI - 186 words
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Article77 1985-07-16 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
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Article191 1985-07-16 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 ensureBernama - 191 words
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266 1985-07-16 16 AMY BALAN - 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 can266 words
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Article74 1985-07-16 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
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LATE FILE
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Article50 1985-07-16 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. ReuterReuter - 50 words
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Article63 1985-07-16 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 tumourReuter - 63 words
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Article55 1985-07-16 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 ofReuter - 55 words
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Article36 1985-07-16 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. ReuterReuter - 36 words
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46 1985-07-16 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. APAP - 46 words
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Page 16 Advertisements
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Advertisement527 1985-07-16 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 of527 words
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Advertisement115 1985-07-16 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 Co115 words
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Page 16 Miscellaneous
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Miscellaneous51 1985-07-16 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 month51 words
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SHIPPING TIMES
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Article116 1985-07-16 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 and116 words
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456 1985-07-16 17 JUNE LIM - 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 were456 words
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312 1985-07-16 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 ofReuter - 312 words
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222 1985-07-16 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) to222 words
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PORTSIDES
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Article105 1985-07-16 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 protestReuter - 105 words
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Article, Illustration863 1985-07-16 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 withAFP - 863 words
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324 1985-07-16 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 becauseReuter - 324 words
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Article82 1985-07-16 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 the82 words
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Article687 1985-07-16 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 Cont687 words
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Article980 1985-07-16 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 was980 words
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259 1985-07-16 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 spokesmanReuter - 259 words
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563 1985-07-16 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 overAFP - 563 words
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259 1985-07-16 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 theReuter - 259 words
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Article211 1985-07-16 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
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Article190 1985-07-16 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
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Article111 1985-07-16 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 voyageReuter - 111 words
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Article, Illustration5228 1985-07-16 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
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Article650 1985-07-16 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 SinSov650 words
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Article1676 1985-07-16 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
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Article707 1985-07-16 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 K12707 words
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Article277 1985-07-16 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 stimulatedAFP - 277 words
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Page 17 Advertisements
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Advertisement611 1985-07-16 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 Shenton611 words
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Advertisement75 1985-07-16 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
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Advertisement1085 1985-07-16 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 21/71,085 words
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Page 18 Advertisements
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Advertisement463 1985-07-16 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/Canada463 words
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Advertisement400 1985-07-16 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 26/9400 words
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Page 19 Advertisements
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Advertisement714 1985-07-16 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 •tfNedhyd714 words
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Advertisement673 1985-07-16 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
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Page 20 Advertisements
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Advertisement511 1985-07-16 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 Soplu511 words
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Advertisement458 1985-07-16 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 8458 words
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Advertisement667 1985-07-16 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 My667 words
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Advertisement628 1985-07-16 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 MCROBRDGE628 words
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Page 21 Advertisements
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Advertisement1032 1985-07-16 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. AOABA1,032 words
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Advertisement798 1985-07-16 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 IBSEN798 words
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Advertisement612 1985-07-16 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 KUTAI612 words
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Advertisement696 1985-07-16 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 MEADOW696 words
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Page 22 Advertisements
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Advertisement1159 1985-07-16 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 131,159 words
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Advertisement536 1985-07-16 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 Hobart536 words
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Advertisement359 1985-07-16 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/PERSIAN359 words
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Advertisement592 1985-07-16 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 P592 words
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Page 23 Advertisements
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Advertisement858 1985-07-16 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 CONTAINER858 words
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Advertisement512 1985-07-16 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 W512 words
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Advertisement815 1985-07-16 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*NG815 words
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Advertisement35 1985-07-16 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
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Page 24 Advertisements
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Advertisement645 1985-07-16 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 Ad645 words
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Page 24 Miscellaneous
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Miscellaneous170 1985-07-16 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 Wind170 words
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Page 25 Advertisements
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Advertisement102 1985-07-16 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
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Advertisement292 1985-07-16 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 Butang292 words
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Page 26 Advertisements
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Advertisement305 1985-07-16 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
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