The Business Times, 25 July 1985
1985-07-25
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The Business Times
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Title Section12 1985-07-25 1 BUSINESS TIMES M.C. <P) No. 99/1/85 THURSDAY, JULY 25, 1985 60 CENTS12 words
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286 1985-07-25 1 THE PACE OF withdrawals at all the 28 branches of Hong Leong Finance and Singapore Finance returned to normal yesterday morning, with the only exception being HLF's Havelock Branch. But by 3pm, the smallish branch in Havelock Road was virtually empty while at286 words
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Article68 1985-07-25 1 MALAYSIAN Finance Minister Daim Zainuddin yesterday asked the country's corporate leaders not to unload their shares to take advantage of the recent price surge, or to invest their locallyacquired earnings overseas. "The earnings you derived should be invested within the country," he told some 4068 words
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Article, Illustration456 1985-07-25 1 LOH HUI YIN - Japanese capital with a difference By LOH HUI YIN SINGAPORE SHOULD SEE some Japanese investments which have been on the decline this year. But the investments would not be on such a big scale as those of the *****. Nor would they come from456 words
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328 1985-07-25 1 SINGAPORE would not only survive, it would make good progress, if its people learnt to adapt to new technology and profited from it. "Then and only then can we be said to have successfully educated our people," said Briga-dier-General Lee Hsien Loong, the Minister of328 words
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Article435 1985-07-25 1 JOB PROSPECTS for diploma holders from the Singapore Polytechnic this year will not be as good as in previous years because of the economic downturn. This is in contrast to those who graduated a few years ago, most of whom are doing well. In fact, a few435 words
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Article, Illustration72 1985-07-25 1 PROFIT-TAKING among recent high fliers brought prices down yesterday on the Singapore stock market. But dealers were pleased with the volume of business which allowed healthy two-way trade. The Straits Times Industrial Index lost 3.N points to 774.73 while the BT Composite Index was 3.46 points lower at72 words
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438 1985-07-25 1 ALVIN TAY - By ALVIN TAY FEWER PEOPLE applied to the Central Provident Flind to withdraw their savings for the purchase of private properties in the second half of last year, reflecting the softening of the property market. From a monthly average438 words
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470 1985-07-25 1 CHUANG PECK MING - By CHUANG PECK MING EMPLOYERS SHOULD follow the "spirit" of a new provision in the British Employment Act which aims to promote greater sharing of information with workers. The secretary-general of the National Trades Union Congress, Mr Ong Teng Cheong, said employers in470 words
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Page 1 Advertisements
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Advertisement87 1985-07-25 1 lops in Car Audio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore Phone *****22 Kuala Lumpur: Phone *****3/*****0 Penang Phone ***** ***** Jakarta: Phone *****9 Leader, Page 8 Another charming reason for dining at (Hotel Meridien): er i Lunch at discount i Wlf We're celebrating our first anniversary. Come87 words
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Advertisement279 1985-07-25 1 mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW THE HONG LEONG group has joined the list of victims of rumour-inspired confidence crises. The MAS thinks there is no danger of a massive and scandalous collapse, as do the commercial bonks279 words
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Advertisement12 1985-07-25 1 Full report, Pag* 13 Asian stocks, Pags 11 Intl stocks, Pag* 1012 words
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Advertisement169 1985-07-25 1 Results of government companies ALTHOUGH LARGELY PROFITABLE, stateowned enterprises were not spared the negative effects of a cyclical downturn in the economic fortunes of Singapore last year. Turn to Page 14 for the groupings of the 55 government-owned, and backed, companies and their contribution to the state's coffers. See Page169 words
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HOME NEWS
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Article, Illustration373 1985-07-25 2 JAIME LYE - Republic and KL to spend $4m on two-pronged strategy By JAIME LYE A TOTAL OF $4 million is being set aside by the tourist boards of Singapore and Malaysia in a major campaign to promote both countries as a joint tourist destination. The planned programme373 words
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WRITTEN IN REPLIES IN PARLIAMENT
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Article109 1985-07-25 2 PART-TIME courses at the National University of Singapore can only be considered when its enrolment is stabilised, said the Education Minister Dr Tony Tan. The NUS cannot run such courses now because its enrolment is expanding and several faculties have yet to reach the set staff to109 words
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Article154 1985-07-25 2 REVENUE from petrol has risen in spite of a drop in sales. The Finance Minister Dr Richard Hu said that petrol duty on sales had averaged $38.2 million a month in the second quarter since the government raised the ad valorem duty from 50 per cent154 words
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Article170 1985-07-25 2 MEMBERS OF PARLIAMENT do not have the privilege of visiting detainees, said Home Affairs Minister S Jayakumar yesterday. The privilege was withdrawn in the 1960s after Barisan Sosialis assemblymen abused it during their visits to prisoners detained under the Internal Security Act (ISA). He said the170 words
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Article49 1985-07-25 2 THE "25 Years of Nation Building" celebrations cost taxpayers $13.05 million, said the Second Deputy Prime Minister Ong Teng Cheong. This net cost was arrived at after taking into account donations and sponsorships by private organisations, revenue from sales of souvenirs, rentals and other costs recovered.49 words
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Article84 1985-07-25 2 GOVERNMENT letters to owners of properties with "unsightly structures" served only as a notice of its intention to clear such temporary structures, said the National Development Minister Teh Cheang Wan. "They are not issued under the provisions of the Land Acquisition Act, neither are they an abuse of84 words
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Article57 1985-07-25 2 PRIME MINISTER Lee Kuan Yew said there had been no Cabinet decision on the need to modify the one-man-one-vote election system. He was replying to Mr Jeyaretnam's question on whether a decision concerning this issue had been reached on Mr suggestion made at a press conference on Dec57 words
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Article542 1985-07-25 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE July 29 Advanced Mandarin Hotel AHI Seminar *****92 Administration Services *****45 July 29-30 Time Manager Century Park Time Manager *****22 Seminar Sheraton Singapore *****01 July 29-30 Introduction to Royal Holiday Purchasing and *****35 Effective Inventory Inn Supply Management *****36 and542 words
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322 1985-07-25 2 AMY BALAN - By AMY BALAN A SOFTWARE package developed entirely in Singapore for the insurance industry is gaining acceptance from insurers here and across the Causeway. Three insurers, of which two are Malaysians, recently gave the thumbs up for the software package written by locally-incorpo-rated Apex322 words
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Article, Illustration367 1985-07-25 3 CHUANG PECK MING - By CHUANG PECK MING THE SINGAPORE Association of Shipbuilders and Repairers has taken the position that foreign workers should be the first to go when shipyards lay off workers. "From the national standpoint, this makes sense as social costs are involved when367 words
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390 1985-07-25 3 LUCY NG - Opportunity for Chinese to understand the Singapore approach By LUCY NG SENIOR MANAGERS and lecturers from the National University of Singapore are conducting a training programme in China to transfer managerial expertise. The two-month programme, from May 6 to Aug 3, is organised390 words
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Article107 1985-07-25 3 THE CREATIVITY of Singaporeans will be highlighted at an exhibition on hobbies and leisure activities at the Mandarin Hotel from Nov 22-26. Called Hobbies and Leisure 85, the show will have different categories: inventions, collectors' items, horticulture, books and publications, home electronics, do-it-yourself, sports and games,107 words
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Article, Illustration378 1985-07-25 3 PROPERTY DEVELOPERS and textile manufacturers are among those being sought by Northern Ireland Airports Limited (NIA), which manages Belfast International Airport, to invest in its new free trade zone. Property developers could buy a share in the company and participate in its projects, as378 words
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Article364 1985-07-25 3 A LOCAL CASE STUDY on automatic guided vehicle system (AGVS) for material handling will be featured at a conference to be held on Sep 24 and 25 at the World Trade Centre. The study centres on the use of AGVS technology in the National Semiconductor's364 words
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Article97 1985-07-25 3 FOR THOSE WITH THE GIFT of the gab, the Singapore Institute of Management Toastmasters will be organising its first annual speech contest tomorrow at the Mandarin Hotel. The chief judge of the contest is Captain R F Short, the head of Nautical Studies, Singapore Polytechnic. He is97 words
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162 1985-07-25 3 CHASE MANHATTAN Bank has decided to keep a close watch on business in China from Singapore. It has set up a China desk in Singapore, headed by Mr Yap Chuan Sin. His appointment as China business coordinator is in addition to his current162 words
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308 1985-07-25 3 CONTRACTS WORTH $27.3 million were awarded by the Housing and Development Board, the Public Works Department and the Public Utilities Board recently. The contracts, for jobs ranging from piling works to the installation of reactors, were awarded to about 24 companies. PUB projects accounted308 words
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188 1985-07-25 3 THE JOINT COMMITTEE for Continuing Education of the Board of Architects/Professional Engineers Board is organising a three-part law course on the construction industry for practising engineers and architects. The course, titled "Professional and Contractual Obligations in the Construction Industry", is aimed at providing an introduction188 words
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Page 2 Advertisements
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Advertisement247 1985-07-25 2 Why we spent millions of dollars developing something people throw away It's often the products we use everyday for mundane things like throwing out garbage that take years and millions of dollars to develop. Most people only think about garbage bags when they don't have one, we think about them247 words
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Advertisement82 1985-07-25 2 .Cpok for the extra touchy at the heart of the city at JW A An exclusive lounge to ensure privacy comfort while waiting. *<r 4 private tatami rooms, each cheerily cosy tastefully furnished. •4 Kampachi's very own 'Happy Hours' from 6pm to Bpm daily. So juice up the evenings with82 words
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Page 3 Advertisements
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Advertisement179 1985-07-25 3 LtlM vm 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. Available179 words
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Advertisement256 1985-07-25 3 apex systems NEC Can comprter experts also understand the cranritex insurance business? This special combination of skills is almost impossible to find! Proof that we have it our four comprehensive software packages for the Insurance Industry, fully developed in Singapore and successfully installed at many sites in this region. The256 words
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OVERSEAS
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Article, Illustration429 1985-07-25 4 Reuter PRESIDENT REAGAN, in his first major decision since a cancer operation 12 days ago, has approved a nuclear cooperation agreement with China. Mr Reagan told Chinese President Li Xiannian of his approval during talks at the White House on Tuesday, clearing the way forReuter - 429 words
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188 1985-07-25 4 Reuter FEDERAL RESERVE Board vice-chairman Preston Martin has said the US economy is in no danger of slipping into a recession partly because of actions the central bank has taken. During an NBC television interview on Tuesday, he also said thereReuter - 188 words
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105 1985-07-25 4 UPI MANY DOCTORS begin practice with inadequate training in nutrition, even though six of the leading causes of death in the US may be linked to diet. A Federal Research Committee found that medical schools tended to give nutrition short shrift. The panel's chairman, DrUPI - 105 words
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306 1985-07-25 4 FT THE US HAS JOINED both the EEC and Japan in calling for an extension of the Multi-Fibre Arrangement when the present agreement runs out in a year's time. But at a meeting of the textiles committee of the General Agreement on Tariffs andFT - 306 words
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183 1985-07-25 4 AFP BRITISH CHANCELLOR of the Exchequer Nigel Lawson is to be sued for defamation by auditors Arthur Young McLelland Moores in what is believed to be the first case of a government minister facing a libel action this century. The partnership, one of Britain's biggestAFP - 183 words
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WORLD IN BRIEF
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Article69 1985-07-25 4 US TRADE Representative Clayton Yeutter has said that the cuts in trade barriers which Japan is to announce next Tuesday must be implemented quickly if they are to ease the worsening US deficit in Japanese trade. He said yesterday that past Japanese moves to open its69 words
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Article64 1985-07-25 4 BRAZIL intends to sell or close 37 state enterprises as part of plans to cut government involvement in the economy. A presidential spokesman in Brasilia said yesterday that President Jose Sarney wanted to maintain at least 5 per cent growth a year, cut annual inflation of 220 per64 words
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Article66 1985-07-25 4 A FRENCH-SPEAKING couple was charged in the Auckland district court yesterday with the sinking of a Greenpeace protest vessel and the murder of one of its crew. The accused were charged under the names of Alain Jacques Turenge, 33, a manager, and Sophie Clair Frederika Turenge, 36, a66 words
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Article79 1985-07-25 4 A FRENCH company has perfected a one-armed remotecontrolled mobile robot to handle terrorist bombs, and hopefully beat British rivals. Francois Danel, the managing director of the Assis- tance Industrielle Dauphinoise Company, said yesterday that the operator of the six-wheeled robot, which weighs 250 kg, can look at a79 words
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Article63 1985-07-25 4 Agencies INDIAN Prime Minister Rajiv Gandhi yesterday ruled out arms purchases from the US in the immediate future, saying that India was capable of defending itself without such an agreement. Mr Gandhi, speaking to the Upper House of Parliament about his foreign tour last month, said anAgencies - 63 words
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Article, Illustration510 1985-07-25 5 AP FILIPINO DEFENCE Minister Juan Ponce Enrile has hinted that the US used its military bases in the Philippines for offensive purposes. A Presidential Palace statement issued on Tuesday said Mr Enrile made the remark as he joined other officials in the strongest attackAP - 510 words
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Article151 1985-07-25 5 AFP THE PHILIPPINE ruling New Society Movement (KBL) party has decided in a caucus to schedule local government polls in May next year and presidential elections in May 1987. A Presidential Palace statement issued on Tuesday said that the decision effectively quashed opposition calls for presidentialAFP - 151 words
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Article780 1985-07-25 5 ARRIVALS Operator Service Local From number time PAA PA21 0020 LAX/TYO/ HKG RBA BI443 0100 BWN LUFT LH688 0105 FRA/DXB MAS MH601 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN AC AC858 0940 YYZ/LHR/ BOM RBA BI42I780 words
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231 1985-07-25 5 UPI VIETNAM VETERANS who saw heavy combat in South-east Asia are still paying a price for the war in terms of income, happiness and general health. A study by Columbia University and the American Legion, released on Tuesday and billed as theUPI - 231 words
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231 1985-07-25 5 Reuter EUROPE AND JAPAN have the potential to process more weapons-grade Plutonium than they can use in nuclear-powered utilities. According to two US Democratic congressmen who released a congressional research service study on Tuesday, their analysis points out the need to control the useReuter - 231 words
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Article93 1985-07-25 5 AFP MALAYSIAN CABINET ministers may soon get professional help to sharpen their oratorical skills and to improve their apopearance on television. Information Minister Rais Yatim said on Tuesday he was working on a plan to recruit public relations experts to help ministers communicate government policiesAFP - 93 words
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485 1985-07-25 5 UPI CHINA'S imports shot up 70 per cent while exports stagnated in the first half of this year, spurring Beijing to impose strict controls to curb a yawning US$3.2 billion trade deficit. Huang Wen Jun, a spokesman of the Ministry of Foreign EconomicUPI - 485 words
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Article377 1985-07-25 5 AP HE HAS A university education, earns a fair income as a social worker, technician or engineer, and a large chunk of his 65-hour work week is spent cleaning house and minding the baby. He is the "new man" profiled in a report issuedAP - 377 words
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Page 4 Advertisements
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Advertisement408 1985-07-25 4 Fast,precise accounting power... right at your fingertips a < < i v. > >. EG* SOS j y JSSS&*** B if' "«m inn* With Pegasus Business Software and the new HP Touchscreen 11. Pegasus matches your needs: Pegasus accounting software provides fast, precise control of your accounting needs, including multi-user,408 words
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Page 4 Miscellaneous
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Miscellaneous44 1985-07-25 4 Doonesbury 9JRS, MAROA, UJHAfcUP 2 'MP--1 /r s Vi Am ■v*r* I JUST H/ANTBPIOIST )0U KNOHJ WAT SiNCB I'M HAVING A FORMAL 9NSUUWTY CEREMONY, ANPfTB, KXJKNOOU, A PRETTY IMPORTANT OCCASION, THAT r* a 5" mTW' m BY GARRY mi £V V ft m it.44 words
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Page 5 Advertisements
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Advertisement13 1985-07-25 5 $t nr Pan Am's 7475P ft i Easiest Daily to d V New\brk.13 words
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Advertisement108 1985-07-25 5 Whatever the part, whatever the parcel... V L. H D > m m trx V '3#: t *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 and on to another desk in another part108 words
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WORLD BACKGROUND
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Article, Illustration801 1985-07-25 6 AP LESS THAN A YEAR after winning the biggest landslide election victory in Canadian history, Prime Minister Brian Mulroney is finding it tricky to stay popular while in power. After being forced by an emotional public outcry to reverseAP - 801 words
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Article, Illustration762 1985-07-25 6 Problems still exist that hinder greater participation Reuter JAPANESE INTEREST in increasing ties to the potentially vast Chinese market is growing, Japanese banking sources say, with a host of Japanese banks scrambling for a foothold. Banking interest is keen even though thereReuter - 762 words
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458 1985-07-25 6 Reuter THE REAGAN Administration has so far carefully avoided criticism of South Africa's crackdown on increasing racial unrest, but failure to achieve a quick return to calm could modify the US approach. "We are disturbed by the violence that is occurring in SouthReuter - 458 words
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Page 6 Advertisements
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Advertisement430 1985-07-25 6 What is the greatest challenge to business and managers in the '80s? Find out at The '85 Annual Management Lecture: Managing In The Information! Age Venue Singapore Conference Hall Date August 28, 1985 Time 5.30 pm 6.00 pm (tea) 6.00 pm 7.30 pm (lecture) e s 0^ ft* Computers are430 words
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Advertisement130 1985-07-25 6 Cation The only thing that adds weight on this card is your name (4 CANON MY CARD CALCULATORS The little things that count. The Canon My Card calculator is really an electronic marvel. Weighing just 23g and only slightly thicker than a credit card, it fits snugly into any wallet.130 words
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BANKING AND FINANCE
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Article781 1985-07-25 7 SINGAPORE THE US dollar yesterday closed marginally lower against major European currencies but steady against the yen, after selling alternated with some buying interest in moderate trading. The dollar closed slightly weaker at 2.8705 15 marks compared with New York's close of 2.8760 80. It closed a shade781 words
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Article237 1985-07-25 7 Interbank rates at 3pm yesterday: CurrtncMt Nomina 1 rate* Smithsonian Bid Offer croaa parity changa Local dollars to one unit of foreign currency: US dollar 2.2015 2 2025 2 8196 -21 92 Sterling pound 3 0887 3.0923 7 3469 -57 96 Australian dollar 1 5696 1 5725 3.4286237 words
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Article387 1985-07-25 7 EURODOLLAR futures yesterday opened with a positive tone due to Simex active short-covering and a technical pullback in an oversold market despite the better-than-expected durable goods orders on Tuesday night. After the initial opening at 91.79 in the September contract, the market was locked in a narrow range of387 words
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Article230 1985-07-25 7 HONGKONG: GOLD yesterday closed higher on moderately active overseas short-cover-ing and some physical buying by Chinese interests. Although a light selling was noted in the morning, sentiment was bullish throughout the day in view of the declining US dollar, dealers said. The bullion price ended at U*****.50/90 an ounce230 words
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Article74 1985-07-25 7 THE OVERNIGHT rate on the Singapore interbank money market fell by l 3* point from Tuesday to close at 34 per cent yesterday. The one-month term rate fell '< point while the two- and three-month rates rose by each. S$ Interbonk rates at 3pm yesterday: OHer Bid Over74 words
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Article, Illustration370 1985-07-25 7 Asian market ASIAN DOLLAR deposits yesterday closed steady at opening levels in quiet afternoon trading, dealers said. Short-dates weakened between and 3/16 point at the start following a lower US Fed funds rate in late New York trading. Thereafter rates remained unchanged with overnight and Thursday/Friday closing at eight 7370 words
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221 1985-07-25 7 Reuter AMERICA'S Federal Reserve will have to tighten its credit stance by the fourth quarter to maintain its credibility. In its weekly currency review, stockbrokers Laurie, Milbank and Co said that the Fed would have to pull back theReuter - 221 words
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Article340 1985-07-25 7 UPI Reuter ARGENTINA has agreed to an International Monetary Fund request to impose temporary strict price and wage controls to curb runaway inflation rates. The Economy Ministry announced in Buenos Aires on Tuesday that changes in Argentina's economic programme were stricter than agreed upon inUPI; Reuter - 340 words
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202 1985-07-25 7 Reuter YUGOSLAVIA seems set to finalise a deal to reschedule US$3.4 billion of debt with creditor banks by the end of this month. On Tuesday, Western diplomats said final differences, mainly on interest rate charges for the package stretching out the repayments, were expectedReuter - 202 words
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Article80 1985-07-25 7 Reuter PAKISTAN HOPES to exceed its five billion rupee target for three bond issues aimed at attracting undeclared money. The bond programme began earlier this month with the sale of special national fund bonds with a target of thi;ee billion rupees. Foreign exchange bearer certificates,Reuter - 80 words
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91 1985-07-25 7 Bernama THE ASEAN Banking Council will hold its 15th meeting in Kuala Lumpur for three days beginning tomorrow. According to an announcement by the Association of Banks in Malaysia (ABM) on Tuesday, the first day wouldbe taken up by meetings of theBernama - 91 words
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Page 7 Advertisements
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Advertisement363 1985-07-25 7 This card admits the bearer into a golden age. r s L m t ills > .4 m M -.r 1 I I !TV a i, The new OCBC Gold MasterCard is the card of true distinction Both in terms of what it says about you and what it can363 words
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FEATURES
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Article511 1985-07-25 8 CONFIDENCE IS A FRAIL THING. It takes a considerable time to build but can disappear by a mere sleight of hand. There is probably no other economic sector where confidence is of such paramount importance as the banking and financial system. When it comes to protecting511 words
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Article, Illustration1296 1985-07-25 8 FLORENCE CHONG - Peacock begins cautious campaign to woo back voters Recent opinion polls indicate that support for Prime Minister Bob Hawke's government has fallen considerably. FLORENCE CHONG, in a report from Sydney, looks at the reasons and the Labour Government's chances for another term in office. FLORENCE CHONG IF1,296 words
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1231 1985-07-25 8 ANATOLE KALETSKY - By ANATOLE KALETSKY FT CAN THE WORLD economy survive a slowdown in US growth? In the past many weeks, this question has fairly leapt out from between the lines of international assessments produced by such bodies as the OECD and the Bank forFT - 1,231 words
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Page 8 Advertisements
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Advertisement292 1985-07-25 8 Improve your business in the next -hi 3 months! |AN WALL STI N -olom'» Rental Mai •|?J jsjSpg <SSs?iSs sri§ HRISIBg lmsliS 5Le-« Trial Subscription Offer: Read the Asian Wall Street Journal for the next three months (64 issues) and be better informed about regional and international business. Enjoy the292 words
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Page 8 Miscellaneous
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Miscellaneous5 1985-07-25 8 BriStdW ifteakDicteDS IS TrtS IRfMH5 words
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Miscellaneous636 1985-07-25 8 CRYPTIC PUZZLE ACROSS I Shake with childish pleasure' (6) 7 Royal station (8) 8 Strengthen the tobric (4) 10 I snoop around for the killer (6) 11 Fight and work tor a position (6) 14 Bashful, yet a bit pushy 1 (3) 16 Bill's mnitotion of Eric (5) 17 Obligation636 words
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SPORTS
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Article, Illustration530 1985-07-25 9 UPI THE WORLD RECORD price paid for a thoroughbred colt was shattered by almost US$3 million on Tuesday when US$l3.l million was paid for a Nljinsky II colt at the Keeneland selected yearling sales. A syndicate, headed by British soccer pools operator Robert Sangster,UPI - 530 words
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Article532 1985-07-25 9 ANNA TEO - Highland Fling finished second in yachting race By ANNA TEO SINGAPORE'S Admiral's Cup flagship Highland Fling overcame tempestuous conditions in the final race of the World OneTonne Cup yachting championships at Poole, England, to finish second out of 40 boats. The state-of-the-art Highland Fling, designed by Kiwi Bruce532 words
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Article, Illustration468 1985-07-25 9 Reuter RETIREMENT is the furthest thing from John McEnroe's mind now that a 17-year-old powerhouse from West Germany has emerged as heir to the American's world tennis crown. McEnroe said yesterday that Boris Becker's win at Wimbledon shocked him out of complacency, giving himReuter - 468 words
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218 1985-07-25 9 UPI DARRELL PORTER drove in two runs with a homer and a bases-loaded walk to help Danny Cox to his 12th victory on Tuesday in the St Louis Cardinals' 6-3 triumph over the San Francisco Giants. Cox, 12-5, scattered 10 hits and struck outUPI - 218 words
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299 1985-07-25 9 AFP THE EXTENT of the financial crisis facing English Football League clubs was made all the more clearer on Tuesday with the publication of the first ever detailed business survey of the 92 clubs. Only 36 clubs were in the black at the end ofAFP - 299 words
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439 1985-07-25 9 AFP GARY SHAW, two years ago considered one of English football's brightest prospects, looks to be winning his nightmare battle against injury and that could be half a million pounds' worth of good news for his club, Aston Villa. Meanwhile,AFP - 439 words
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Article, Illustration236 1985-07-25 9 Reuter TOP US middle distance runner Steve Scott has predicted that the mile world record could be smashed by more than two seconds at the Bislett Games in Oslo on Saturday. "It will take three minutes 45 seconds to win this race,"Reuter - 236 words
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Article, Illustration200 1985-07-25 9 AFP SOUTH AFRICAN-BORN athlete Zola Budd had her best track victory of the season at the Edinburgh Games on Tuesday in a mile race that was disrupted by an anti-apartheid protest which eventually blanked out live television coverage. Banners that read "EdinburghAFP - 200 words
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Page 9 Miscellaneous
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Miscellaneous1524 1985-07-25 9 The Country of Flanders... rebels against King Philip the Fair of France COSMOPOLITAN THEATRE The Lion Of Flanders (Part 1) 9.00 pm, Channel 12 It is 1300. A group of French nobles arrive in Flanders to persuade Count Gwijde of Flanders to go to the French court to beg forgiveness1,524 words
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INTERNATIONAL STOCKS
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388 1985-07-25 10 AFP THREE AMERICAN oil companies have posted sec-ond-quarter losses or diminished profits compared with the same period last year. Second-quarter profits at the world's leading oil company, Exxon Corporation, fell by 44.8 per cent to US$745 million from $1.35 billionAFP - 388 words
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109 1985-07-25 10 Reuter SECOND-QUARTER earnings at McDonald's Corp were adversely affected by the settlement last month of litigation with Central Ice Cream for US$l5.5 million. McDonald's said a strong US dollar reduced results for international markets. It reported quarterly earnings of $201.4 million or $2.31 aReuter - 109 words
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353 1985-07-25 10 Reuter WALL STREET skidded lower on Tuesday in heavy trading as investors ignored good economic news and reacted to a spate of disappointing corporate profit reports. The Dow Jones Industrial Average shed 5.83 to 1351.81 while volume on the New York Stock ExchangeReuter - 353 words
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Article197 1985-07-25 10 JULY 23 Rand INOUSTVIALS Umvec Woo4worttl 520 1775 unch 25 A Alpha 950 30 2950 -10 160 -8 9750 AE And 840 1275 50 530 BuffcH 6400 100 AA/S^ r T> 2975 50 460 -10 1225 25 Coos Gold 1320 10 C G Smith 2900 1100 rKIA 280 30197 words
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Article116 1985-07-25 10 JULY 23 c$ 17* Hud Boy Min Imp Ol kico knt Prov Pip* 7* SO 19* 42* Int Uts 18* Ketr Add 16* V*® 01 1 .'L'V Lobtaw B 20* Maucy Ferg 2* unch Bank Nova Scotia Mc BkxM 21* .1 MoKon A 15* 27* Broican 16* Conpoc 19*116 words
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Article688 1985-07-25 10 u AJked Cham Cp Afced Stores Afes-Chafcners Am Brands knc Am Broodcost Am Can Co Am Cyanamd Am Elec Pwr Am Express Am Horn* Prod Am Motor* Cp Am Natiral Gat Am Tel Tel Amox trie Ameroda Hess AAV Inc Amr Corp Armco Steal Asarco he Atl RKMMW688 words
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Article887 1985-07-25 10 Amsterdam JULY 23 Ffc ABN ***** +4 100 40 -04 Ahold 238 50 +0 1 120 30 +02 AMCV 276 30 -1 88 10 +03 42.20 -1.3 Bob 101 00 -0 5 363 00 +3 Bogota 0i* Tct 92.80 +06 Cotorvd 35 90 -0 1 460 00 -1887 words
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Page 10 Advertisements
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Advertisement529 1985-07-25 10 f. x worn i m. m&t 1 5f Sfi •r I y -< SB K ir.fi ■Xl-:?t, i vyVRW MBU tonight a Whole Leg of Baby Veal_ The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef529 words
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Advertisement111 1985-07-25 10 N S Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet. Body M Soul from the Philippines. They II captivate you! Happy Hours: spm 7pm, 50% off all drinks (pouring brands). CRown *PR/NCEHOm 270 Orchard111 words
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ASIAN STOCKS
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Article365 1985-07-25 11 HONGKONG: Share prices closed lower in sluggish business yesterday, but were off the day's lows on late bargain-hunting. The Hang Seng Index closed at 1665.63, off 8.22 points, after being down 19.92 at the mid-morning fix. Turnover was $185.99 million against $392.62 million in Tuesday's full session. Stocks were365 words
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Article243 1985-07-25 11 JULY 24 Al S«K«« Wu» NT 1 89 0 09 +1 Kuochon Dev Lien Hwo Indus Nan Yo Ptas Pacific Cons Pacific Elect Wrt 1250 9 65 24 60 14 85 1180 0 3 0 45 unch 005 04 Cathay Com Chang Hwa Bonk Chen Loong Chio hhn Cement243 words
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Article346 1985-07-25 11 TOKYO: Prices yesterday drifted slightly higher in active trading, recovering from earlier lows on selected buying of incentive-backed and lagging issues. The average rose by 14.20 to *****.03 on a turnover of 450 million shares com- pared with 500 million on Tuesday when the average shed 8.83. Trust and346 words
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Article92 1985-07-25 11 MANILA: Share prices yesterday closed largely unchanged in quiet trading. The Commercial and Industrial Index firmed 0.30 to 129.56 while the Mining Marker remained steady at 695.99. Oils were unchanged at 0.726. JULY 24 Pnoi ***** unch Monrvduque B Marsteel Oriental B PMex B 0 012 0 1350 *****92 words
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Article384 1985-07-25 11 SYDNEY: Australian stocks again closed at record highs yesterday, with share prices buoyed by strong offshore interest in a tightly held market. Brokers said the market performed particularly well considering the six-point fall in the Dow Jones Index and a $2 drop in the gold price overnight. At the384 words
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Article149 1985-07-25 11 BANGKOK: Stock prices yesterday closed higher in moderate trading centred on blue chips. The Book Club Index improved by 0.33 points to 142.30. Turnover climbed to 530,474 shares from 321,853 on Tuesday. JULY 24 Mrts Siam Cement 633 80 50 unch -1.5 S»am City 530 6 Aokhom Thai As*>149 words
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Article79 1985-07-25 11 JULY 24 Won Hyundai Const 900 unch Hyundoi Motor 755 5 680 ■4 KAL 450 -1 654 730 1 740 9 Yukona 1393 -6 Doehm Ind 441 -1 Korea 5h<p 401 Dofwoo Corp 458 3 Lucky Ltd 625 unch Daewoo Ind 612 2 Samsung Co 675 unch Dong Ah79 words
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Article51 1985-07-25 11 Reuter NIPPON SHEET GLASS of Japan, Libbey-Owens-Ford of the US and Hankuk Glass Industry of South Korea will form a joint-venture company to make car windshields in South Korea. A Nippon spokesman said the company aims to supply all South Korean car manufacturers after production starts next year.Reuter - 51 words
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Article151 1985-07-25 11 Reuter THE BOMBAY stock exchange has imposed a 40 per cent margin on fresh buying of all 48 shares traded at the exchange and cut trading to one hour a day from three to reduce speculative buying. Exchange executive director M R Mayya said: "WeReuter - 151 words
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246 1985-07-25 11 AFP TAIWAN has agreed in principle to allow Scudder, Stevens and Clark Inc of the US to invest in the country's only stock market with a fund to be listed on the New York Stock Exchange. An official from the SecuritiesAFP - 246 words
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Page 11 Advertisements
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Advertisement593 1985-07-25 11 Q (Hec o J r-X-£*ri'r*T( •<"£«*(•< isr IS? IN, .1 *1 9 f P/ »> v 4 Of W w* AFTER 10.15 PM $18/= per person inclusive one drink Enjoy TROPIC ANA'S sensational International Floorshow and Dance to the Hit of our Music. s!M r f r IB 1 Q!593 words
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Advertisement125 1985-07-25 11 Savoury Delights Await You At ejußßß^eamff Lh O O Cmykrr 7m Smok* Dm* BmUcued Nkmi Dmck ft > Hong Kong Diah Xih available during lunch! For reservations call 235 2698 or 734 6622 ext 141/144 Lunch: 11am—3pm Dinner 6pm— 11pm CAIRN HILL ORCHARD ROAD -Lucky Pirn M fjummmnf maim Ample125 words
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RAW MATERIALS
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496 1985-07-25 12 Bernama THE MALAYSIAN National Association of Smallholders (Nash) has urged the government to withdraw immediately from the International Natural Rubber Organisation (Inro) to "free the nation from further setbacks and humiliations". Nash secretary-general Dr Haji Mohamed Rashid Ahmad, in a signed statement, saidBernama - 496 words
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95 1985-07-25 12 Reuter INDONESIA WILL SAVE about US$lOO million a year in foreign exchange when the country's first tin plate plant, with a production capacity of 130,000 tonnes annually, comes onstream in October. According to Minister of Industry Hartarto, Indonesia has imported between 100,000 andReuter - 95 words
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332 1985-07-25 12 Reuter THE 1985/86 world output of the 10 major oilseeds is expected to fall to 183.6 million tonnes from 184.08 million in 1984/85, the Hamburg-based newsletter Oil World said. The publication attributes this to strong indications that the average world yieldReuter - 332 words
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Article233 1985-07-25 12 SINGAPORE THE MARKET yesterday closed quietly steady with August One RSS buyers quoted at 171.00 cents per kilo, unchanged from Tuesday. The morning session closed steady at around overnight levels after moving within a narrow range in very quiet trading due to lack of interest. Prices hovered around lunch-time233 words
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Article153 1985-07-25 12 Chinese Produce Exchange (Sellers' noon closing prices on July 24 (S$/100 kg} Coconut oil Bulk FOB 100 00 Old drum FOB 113 00 New drum FOB 117 00 Copra Mixed (loose) S3 buyers Pepper Muntok White FOB NLW 980 00 Sarawak White FOB faq NLW 970 00 Sarawak153 words
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Article283 1985-07-25 12 Singapore (S$/kik>, ex-godown) Fragrant new crop 1st 082 2nd 062 3rd 060 New Crop 25% no stock 10% no stock Thai Broken A-super 0 54 Special 0 52 Thai Rice 55% no stock China Rice 10% 086 15% no stock 25% no stock 35% no stock Thai Boiled Rice283 words
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Article111 1985-07-25 12 THE Kuala Lampar tin price rose one cent to M$3l.K per tonne mainly on reduced disposals, and remained within the ITA lower range of 29.15 and 3ZM. Dealers said continued baying from Japanese and local interests gave support in the absence of the buffer stock manager and attributed111 words
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Article134 1985-07-25 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix I6's 2,550 Blue Phoenix 20's 2,600 Blue Phoenix 32's 3,000 Blue Phoenix 40's 3,400 Carded yarn, hank Blue Phoenix 2l's 2,800 Combed yarn, cones Blue Phoenix 32's 4,200 Blue Phoenix 40's 4,400 Open-end yarn Blue134 words
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Article499 1985-07-25 12 COFFEE ROBUSTA futures doubled average £50 a tonne midday declines on Tuesday afternoon, ending £104 to £96 down from Monday or at the lowest levels since late October 1982. September traded last at £1,487, just two above its session low and down £104 from Monday night. Turnover was499 words
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Article373 1985-07-25 12 in S cents/kg, FOB i n boles NOON CLOSE Buyers Sellers Buyers Sellers kit 1 RSS Prompt 171 00 172 00N 171 00 172 OON Int 1 RSS Aug 85 171 00 171 25 171 00 171 25 Int 1 RSS Sept 85 169 00 169 50373 words
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Article108 1985-07-25 12 (cents/kg, 1-ton pallets) AUG 85 SEPT 85 (current month) (forward month) RAS NOON NOON Buy«n Sellers Buyers SeUers SSR 20 143 50 145 50N 144 50 146 SON SSR 50 Ml 50 143 50N 142 50 1 44 SON MRELB Buyers Sellers Buyers Sellers SMR CV 201108 words
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Article143 1985-07-25 12 SHORT SELLING and a reserve of buyers prompted by continuing weakness in Chicago soyoil futures yesterday caused Malaysian crude palm oil prices to ease further in moderate trading. Further purchases of Indonesian origin palm oil by Pakistan on Tuesday weighed on local prices. July deliveries in the north143 words
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Article107 1985-07-25 12 WHEAT futures on dropped after midsession on Tuesday, making new contract lows in all months and settling five to 3 3 US cents a bushel lower on the Chicago Board of Trade. Collins sold about two million December on the day, while Continental Grain and Illinois Co-Op sold September.107 words
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Article119 1985-07-25 12 SOYBEAN futures on Tuesday collapsed after midsession to close 14 to 11 US cents a bushel lower, with all months establishing new contract lows in the session. Spot August and November both settled at US$5.4l a bushel. C and D Commodities sold about six million bushels of November on119 words
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Page 12 Advertisements
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Advertisement496 1985-07-25 12 rlßSTQlY.Bancorporation Of Texas Inch STATEMENT OF ACCOUNTS FOR THE YEAR ENDED DECEMBER 31, 1984 Notes to the Accounts which form an integral part of the Financial Statements and List of Subsidiaries are available upon request from the Singapore Branch Manager, 25thFloor, Ocean Bldg., Collyer Quay, Singapore 0104 Boards of Directors496 words
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SHARE INFORMATION
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Article, Illustration4316 1985-07-25 13 SELLERS took the floor yesterday on the Singapore stock market, bringing to a halt the rally which had propelled share prices forward for over a week. Dealers said volume was good as a healthy two-way trade developed throughout the day. Once again buying interest4,316 words
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Article263 1985-07-25 13 SINGAPORE Rises Indices M A A 2300 70 BT Composite July 23 My 24 681 64 678 18 Ayer Hrtoai Tm 700 20 BT Indicotor *****56 *****40 S t T«t*» 300 18 BT OB/OS 217 +187 D«H De» 500 14 ST Industriols 778 69 774 73 Sal263 words
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Article4751 1985-07-25 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. AH Time SetUement Contracts are quoted after the word "SETT".4,751 words
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Page 13 Advertisements
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Advertisement11 1985-07-25 13 KL market report, Business done on the KLSE See page 1411 words
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COMPANY NEWS
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459 1985-07-25 14 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI IN LINE WITH the general downtrend experienced by most local companies last year, the Government received less from its investments in 55 highly-di-versified corporations than it did previously. Although most of these 55 government-owned or backed companies, which have a459 words
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Article86 1985-07-25 14 A WHOLLY-OWNED subsidiary of Sigma Metal Co Ltd has acquired 500,000 shares in PanElectric Industries for $1.63 million or $3.26 per share. Grand United Holdings Bhd is deemed to have interest in Sigma's wholly-owned subsid iary. GUH's total interest in Pan-El after the purchase is .15.994 million or86 words
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764 1985-07-25 14 Company's Percentage of Government' s share of Nome of compony paid-up capital government net profits/(losses) ($'000) shareholding hY '83 FY '84 ($'000) ($'000) 1) 1 Holding Componies MND Holdings (Pte) Ltd (MNDH) (o) 31,300 100 0 52,154 41,355 2 Shena-Li Holding Co764 words
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Article111 1985-07-25 14 MALAYSIA MINING CORPORATION Berhad: 9th AGM at the International Hall, The Merlin Hotel, No 2, Jalan Sultan Ismail, Kuala Lumpur, Malaysia, today at 10am. TRANSMARCO Limited: AGM at 65 Chulia Street, #19-00 OCBC Centre, Singapore 0104 on Friday, August 2, at 11.30am. HARRISONS MALAYSIAN PLANTATIONS Berhad: 9th AGM111 words
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Article246 1985-07-25 14 A BOUT of profit-taking hit the Kuala Lumpur stock market yesterday but strong buying towards the close helped share prices regain some ground. The pace of trading was active with interest focused on selected stocks. These issues had eased at midday but late buying support caused246 words
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Article4043 1985-07-25 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 A Choc (I 746) (2)2 00 AISB (0 99',84,043 words
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514 1985-07-25 15 AMY CHEOK - By AMY CHEOK PROMET BHD has found an Indonesian group to pump in more than Msso million into one of its five resort hotels being developed on Pulau Langkawi. At the same time, Promet is negotiating with a group of businessmen from Austria to514 words
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Article84 1985-07-25 15 THE TELECOMMUNICATIONS Authority of Singapore has acquired a further 300,000 shares in Singapore Press Holdings Ltd for $1.63 million or an average of $5.44 per share. This takes its stake in SPH, the new holding company for Times Publishing Bhd, The Straits Times Press (1975)84 words
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236 1985-07-25 15 A NEW SOCIETY of analysts is about to be born. Come Friday, July 26, Singaporean chartists who are interested in becoming founder members of the newly created Singapore Technical Analysts Traders Society (STATS) will gather at the OCBC Executive Club to inaugurate236 words
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Article180 1985-07-25 15 Reuter MELBOURNE-BASED GJ Coles and Co Ltd has entered into a share placement agreement with K Mart Holdings Pty Ltd to raise part of the cash required to finance its takeover offer for the Myer Emporium Ltd. K Mart Holdings or its parent, K Mart Corp, willReuter - 180 words
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Article930 1985-07-25 15 EQUITIES closed mixed yesterday after a dull session, with few fresh factors to stimulate activity. Major exporters had opened higher in response to the firmer dollar, but ended off their best levels due to a lack of follow through, dealers said. At 4.30pm, the FTSE 100 Share Index930 words
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874 1985-07-25 15 NAJEEB JARHOM - Hwa Hong's bid for remaining shares in People's Insurance By NAJEEB JARHOM THE INDEPENDENT directors of People's Insurance and their adviser, N M Rothschild, have apparently agreed to disagree on Hwa Hong Corporation's cash offer for the remaining shares in the insurance company.874 words
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Article, Illustration436 1985-07-25 15 AFTER MORE THAN four years at the helm of Straits Steamship Co Ltd, chief executive R St J Stevens has called it quits. Succeeding him on Sep 1 is Mr Chua Chor Teck, who continues as the group managing director436 words
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Article257 1985-07-25 15 Monogen prtces for July 25 I Singapore Unit Trust TH® Ca"w«m I 75 I 84 So»«gi ft»vd I 36 I 44 S poil Prog fivid 0 78 0 83 S'prwe S*< Fund 112 I IV Vpixr ln»nl f\/vd 081 0 1*6 S'port (quitv Finl 0 76 0B> Asia257 words
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Page 14 Advertisements
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Advertisement237 1985-07-25 14 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Chai Koh Leong of Blk 432, Jurong West St. 42 #08-572 Singapore 2264 have applied for a Retail Liquor Shop Licence in respect of premises at M/s Fortune Provision Store Blk 429, Jurong West Ave 1 #01-318 Singapore 2264 and that this237 words
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Advertisement253 1985-07-25 14 A.T.E. (INTERNATIONAL) PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and held at 5001 Beach Road 06-02 Golden Mile Complex, Singapore 0719 on Tuesday, 23 July 1985, the Special Resolution set out below was duly passed:RESOLVED that the253 words
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Advertisement272 1985-07-25 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 185 AND IN THE MATTER OF JELITA MARKETING SERVICES PTE LTD At an Extraordinary General Meeting of the Company duly convened and held at l Colombo Court #04-06 Singapore 0617 on the 22nd day of July 1985, the following Special Resolution272 words
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Advertisement298 1985-07-25 14 IN THE MATTES OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF EDWIN COOPER FAR EAST PTE LTD (la Members' VeiuUry UqaktettM) NOTICE OF SPECIAL RESOLUTION (Pireaaat U Seetiw 2M(2(k)) At an Extraordinary General Meeting of the company held at #06-05 Unity House, 1 Science Centre Road, Singapore298 words
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Page 15 Advertisements
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Advertisement74 1985-07-25 15 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 28th July, 1987 of: THE DAI-ICHI KANGYO BANK LIMITED 16, Raffles Quay *01-02, Hong Leong Building, Singapore 0104 We hereby certify that the rate of Interest payable on the above mentioned Certificates of Deposit for the74 words
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Advertisement6 1985-07-25 15 Selected indices table in back page6 words
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Advertisement170 1985-07-25 15 APPOINTMENT International Broadcast and Television Installation, Engineering and Supply Company Requires SOUTH-EAST ASIA SALES ENGINEER BASED IN SINGAPORE A responsible person with thorough knowledge of the industry is required, particularly in the supply of studio equipment. Our International Group represent in Asia a number of major overseas suppliers of equipment.170 words
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Article, Illustration510 1985-07-25 16 LEE HAN SHIH - By LEE HAN SHIH Property Correspondent THE BIGGEST BUILDING programme in Singapore, costing at least $6 billion in its construction, was completed last month six months ahead of schedule. No fanfare marked the completion of the Housing and Development Board's latest fiveyear510 words
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228 1985-07-25 16 MERRILL LYNCH has set up a company in Singapore to channel offshore investments to the Bangkok stock market. This mutual fund company is the only overseas subsidiary of newly-formed Bangkok Investments Ltd, a tax-exempt company registered in the Cayman Islands. BT228 words
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400 1985-07-25 16 LIM SOON NEO - By LIM SOON NEO VICOM AND TWO OTHER companies are to help set up vehicle inspection centres in Saudi Arabia under a programme costing an initial Ss44o million. The two-stage project, which could cost Ss77o million by the second phase, was400 words
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400 1985-07-25 16 TRADE EXPERTS from Australia are to hold consultations with Singapore trade officials to gather feedback for Canberra's review of its Generalised System of Preferences(GSP). Although planned for sometime, this week's discussions take on an added impetus coming just a fortnight after the problem with400 words
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Article117 1985-07-25 16 Reuter HUNDREDS of people have camped oat (or days on Hongkong streets to boy apartments which go on sale this Friday at bargain prices following big cats in interest rates. A qnene of some SN people has wound through streets In the colony's business districtReuter - 117 words
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Article, Illustration57 1985-07-25 16 THIS THOROUGHBRED yearling hasn't even a name but was sold for a record US$l3.l million at an auction in Lexington, Kentucky, on Tuesday. It makes horse sense for he is the son of an English triple-crown winner and the halfbrother to an American triplecrown winner.57 words
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327 1985-07-25 16 LUCY NG - By LUCY NG A LOCAL COMPANY has struck a countertrade deal with a brewery in China. In exchange for sales distributing rights outside China and five years' supply of beer, Chuang Tung Factoring Ltd will supply Shan Hai Quan Brewery with West German beer327 words
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132 1985-07-25 16 Reuter INDIAN PRIME MINISTER Rajiv Gandhi has signed an agreement with top Sikh leader Harchand Singh Longowal in a dramatic step towards ending a three-year-old sectarian conflict in northern Punjab state. "This settlement has brought to an end the period of confrontation,"Reuter - 132 words
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Article72 1985-07-25 16 Reuter THE NEW YORK stock market eased in early trading yesterday as a slide continued into the third day. The Dow Jones Industrial Average was down more than one point to 1350. Declines led advances by a seven-to-three margin on a turnover of 14.58 million shares. NynexReuter - 72 words
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Article114 1985-07-25 16 HONGKONG Hong Seng Index Wednesday 1665 63 Tuesday *****5 Week ago 1647 90 TOKYO Tokyo Dow Jones Wednesday ***** 03 Tuesdoy ***** 83 Week ago ***** 49 TSE Index Wednesday 1050 33 Tuesday 1042-10 Week ago 1043.17 SYDNEY Australian Minings Wednesday >45 7 Tuesday 545 8 Week ogo114 words
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188 1985-07-25 16 UPI ABOUT 40 per cent of the highrise buildings in Jakarta are potential towering infernos because of insufficient protection against fire, according to a government survey. The survey of 200 buildings in Jakarta was ordered in the wake of a series of mysterious firesUPI - 188 words
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LATE FILE
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Article81 1985-07-25 16 AFP THAI POLICE searching the home of a supposedly broke defendant in a multi-million dollar fraud case said yesterday that they had found a secret room containing more than a million dollars in cash, gold and diamonds. A police spokesman said the proceeds would be dividedAFP - 81 words
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Article31 1985-07-25 16 AFP THE final draft of the Japanese government's "action programme" for redressing the country's foreign trade imbalance was submitted to Prime Minister Yasuhiro Nakasone yesterday. AFPAFP - 31 words
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Article53 1985-07-25 16 UPI PRESIDENT Ferdinand Marcos yesterday broke for the first time the succession tradition in the Supreme Court and named a Justice sympathetic to his government as head of the high tribunal. He bypassed Justice Claudio Teehankee, 67, and named Justice Felix Makasiar, 69, to succeed ChiefUPI - 53 words
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Article45 1985-07-25 16 Reuter STUNG by charges of power abuse, China has barred relatives of senior officials from trading. A pro-Beijing newspaper in Hongkong said yesterday that China had decided to ban trading by children and spouses of all cadres above the county level.Reuter - 45 words
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Article39 1985-07-25 16 AFP PRESIDENT Suharto yesterday signed a directive governing the implementation of direct trade with China, paving the way for the departure tomorrow of Indonesia's first trade delegation to Beijing in 18 years. AFPAFP - 39 words
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Article30 1985-07-25 16 AP THE OWNER of a mine in Italy, whose dam collapsed last week, wiping out an Alpine resort, has been arrested and charged with involuntary manslaughter.AP - 30 words
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Page 16 Advertisements
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Advertisement345 1985-07-25 16 MNM Industrial Sales Negotiating To Win Singapore, September 18 20,1985 Objectives Participants will be taught to develop the capacity to support their commitment by: Becoming familiar with Becoming familiar with questioning techniques that techniques for handling qualify prospective customer customer objections. needs. Developing specific negotiating Becoming familiar with the skills.345 words
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Advertisement137 1985-07-25 16 Managers conduct course in Boijing, Pago 3 First International Conference on OIL TRADING ACTIVITIES And OPPORTUNITIES in Asia Pacific Basin 16-18 September 1985 Hyatt Regency Singapore Featuring Oil trading in Asia Pacific Roie of Singapore as a centre of oil trading Status of oil and gas industry supply demand of137 words
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Page 16 Miscellaneous
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Miscellaneous57 1985-07-25 16 Outlook for today: Showers in some areas in the late morning and early afternoon. Report for 24 hours prior to 7 30pm on July 24 at the airport Maximum temperature 29.9 Associated humidity 73 Minimum temperature 22.5 Associated humidity 93 Hours of sunshine 5.50 Rainfall in millimetres 3.5 Rainfall this57 words
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SHIPPING TIMES
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Article133 1985-07-25 17 Reuter CHINA HAS confiscated large quantities of steel products, chemical goods and general cargo at Shanghai and Tianjin ports to ease serious congestion, Huang Wenjun, spokesman for the Ministry of Foreign Economic Relations and Trade, told a news conference. He said the goods, left uncollectedReuter - 133 words
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Article450 1985-07-25 17 JUNE LIM - By JUNE LIM FINANCIAL assistance by the government is required to restore coastal shipping companies to their former status. In particular, coastal operators have proposed that government assist them in acquiring vessels besides providing other incentives to encourage companies to rationalise through mergers and acquisitions. The450 words
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242 1985-07-25 17 THE SHIPMENT and delivery systems of all conventional gateways of the Port of Singapore Authority (PSA) will be fully computerised when Keppel Wharves goes on-line from August 1. The move will reduce document processing time for consignees and freight forwarders. From242 words
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167 1985-07-25 17 AFP A SMALL Breton village has run heavily into debt in the hope of multi-million dollar compensation over the spillage of 220,000 tons of oil from the tanker Amoco Cadiz in 1978. The beaches of Ploudalmezau, north of Brest in France, were badly hitAFP - 167 words
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PORTSIDES
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Article112 1985-07-25 17 MEMBER LINES of the Japan/Mexico FreightConference said they will raise their currency adjustment factor (CAF) on cargo from Japan to Mexican ports to 4.5 per cent from 0.5 per cent on August 3. Members of the Japan/Latin America Eastbound Freight Conference said they will raise their CAF on112 words
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Article133 1985-07-25 17 AFP AN ISRAELI ship accompanied by five escort vessels opened fire on a Lebanese freighter waiting to load in the southern Lebanese port of Sidon on Tuesday, sinking the ship and injuring two of the crew, press correspondents in Sidon said. In Israel, an army spokesman saidAFP - 133 words
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Article719 1985-07-25 18 Seatrade WHETHER THE reorganisation among Japanese liner companies will enable them to serve shippers more efficiently is a matter of some debate. The lines may argue the benefits but shippers are only too ready to remind them that their services are not always as good asSeatrade - 719 words
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Article747 1985-07-25 18 ANGOLA July 16 Luanda 6-7 days. 20 vessels berthed, 4 anchored. Lobito No delays. 2 vessels berthed. ARGENTINA July 16 Buenos Aires 1-2 days. 33 vessels berthed. Rosario 2 weeks. 13 vessels berthed, 7 anchored. San Lorenzo 1-2 days. 5 vessels berthed, 3 vessels anchored. San Nicolas 5-8747 words
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Article709 1985-07-25 18 AB Shpg V 5 Ateo line VI 3 APC Line V 4 APL III 2/3 i Anro Service IV 3/4 ANL 1 1 ASCL III 1 Bait-Canada Line VN 4/5 Bait-Orient Line VN 4/5 Bank Line V 5 1 BBS II 4/5 Bayswater Shpg V 3 l709 words
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Article1077 1985-07-25 18 QUIET and generally featureless chartering on Tuesday is reported in all sections of the freight market with rates showing little change, shipbrokers said. Iron ore charterers covered cargoes from Port Cartier to Port Talbot at U552.75 and from Monrovia to Taranto at $3.25 but no new coal fixing1,077 words
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Article222 1985-07-25 19 THE SOVIET Union is to stage an international exhibition on warehousing. transportation and materials handling. The event will be held in Moscow between Oct 18-26. Space for the exhibition is reported to be nearly sold out with 100 companies from Finland, West Germany, France. Britain, Japan,222 words
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457 1985-07-25 19 Lloyd's List PLANS WERE put forward for the construction of a UK high-technol-ogy, low-crew ship to take the British maritime industries into the *****. Funds for the development of the so-called "efficient ship" are being provided by the government in a major £12.6Lloyd's List - 457 words
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416 1985-07-25 19 Kingsley Wood - By Kingsley Wood THE GOVERNMENT-owned Australian National Line ended its June financial year a leaner but still a very unsettled operation. It is too early to say if the new management's savage surgery of the last 12 months has ensured its future416 words
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Article211 1985-07-25 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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Article189 1985-07-25 19 THE MAJOR shipping consortia operating between the Far East European, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.189 words
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Article, Illustration5969 1985-07-25 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.5,969 words
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Article676 1985-07-25 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL A rr i va for LCL movement Ship Voy dote/time Operotor cargo schedule Location Family Ace Ratu Konsort Tohgo Maru Or Merchant Tanah Air K Kozlovskiy Prasetia Saniuangkou Khd Prorokov Nantai 7 Saudi Abha Al Manakh676 words
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Article1689 1985-07-25 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Boustead Shpg Agencies Afea Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PKf1,689 words
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Article510 1985-07-25 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KERPEL WHARVES 25.7.85/1800 Auby K25W SSPL alongside Equator III K23 Thong Soon alongside 25.7.85/0700 Equator IV K22 Thong Soon alongside 25.7.85/0700 Gulf Venture K9 Paciro alongside 25.7.85/0700 Mount Sabana K18 P Simon alongside 25.7.85/0600 Potsdam K28 S'pore Shp alongside510 words
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Page 17 Advertisements
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Advertisement868 1985-07-25 17 Monthly from Pitman Available at all good bookshops and newsagents IP Times II y Distributors A MEMBER OF THE C.Y. TUNG GROUP Okient Oveiqeas e<mtci*ol LfNE Agents. 4m* mm. shptmc mokes (*«t u2w/ot*) fpll 70 Stwntoo Way #04 03 Mamu Home Seiapore 0207 Mt&ZJ Tel *****11 Tete NO RS *****868 words
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Advertisement68 1985-07-25 17 WHETHER THE reorganisation omong Japanese lines will enable them to serve shippers more efficiently is o matter of some debate. Page II PLANS WERE put forward for the construction of a UK high-technology, low-crew ship to take the British industries into the *****. Page 111 Index to advertisers II Weather68 words
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Advertisement962 1985-07-25 17 !$\$:*'!`{"{"[,^}'`$</<=>(]'\': MAERSK LINE Penang Vessel S" pore EXPORT TO USA. EUROPE. MIOOLE EAST. WEST AFRICA ASIA 'Smfapore Clow* '*>« cr 29/7 1100 HRS as nn 2300 hrs To California US Gulf US Atlantic East Cana 2fr26/7 22/1 9-9/8 1617/8 23-23/8 I L«i I 30-30/8 lan 1 I Smwort Ck»M| Tunes962 words
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Page 18 Advertisements
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Advertisement488 1985-07-25 18 wrf* w wmTwy yamashita-shinnihonline I\MmS CONTAINER SERVICES USA/CANADA Pacific South WMt Fttdw at Tokyo Mrtier Wl LA/IB OA* I. APOLLO 24/1 27/1 TAMASHN a 31/1 4/9 ZEELAMXA 7/9 10/9 S KASMJ 14/9 17/9 Vntd »oy TOHCO MAW) *45/52 TORBAY *24/53 C.A/UKANA *43/53 (CD CLEtENT *14/53 J Aha xceptnf c*{« to488 words
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Advertisement328 1985-07-25 18 m=y.' I Supercarrier Service BARBER TAMP» N ROTTERDAM BARBER TIMS N ROUEN BMtKR PERSEUS rr NEXT ARRIVAL SBARBtR HECTOR 26/7. BARBER PRIAM 6 8 BARBER TOBA 12/8. N ROCt€STER 6/9 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 7/9 14/9 17/9 26/9 27/9 11/10 22/1* 2/9 12/9 22/9 15/10328 words
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Page 19 Advertisements
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Advertisement853 1985-07-25 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd OC!L Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COHTMOSW SERVICE 10/ OSAKA BAY LIVERPOOL BAT HONGKONG EOTttSS KOmOON BAY BENAIDER an of edwurgx FRANKFURT EXPRESS CARDIGAN MY KAMA* UK A MAftVJ lIVERPOOI BAY Bran R'dam853 words
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Advertisement884 1985-07-25 19 NOTICE AGENT REQUIRED We are a long established United Kingdom Forwarding Agent with branches in London and Leicester. We are looking for partners to develop services between London and Singapore and Malaysia both East and West bound. You may well be interested in speaking to us if you are already884 words
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Page 20 Advertisements
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Advertisement442 1985-07-25 20 ML Hapag-Lloyd TO CONTINENT/UK EXPORTS Outi by Liverpool Bay City Edrtagti Frirttwl Eiprtis Cardial Bay On carriage to Scandinavia. Med. Carribean &S. America Inland haulage to inland destinations in Europe I TO EUROPE/MED S pare PKelanf Penangleiioesßßtao Genoa Hbwg Rdam Bhtrcti Antwerp t» Touvs 21/7 30/7 1/1 29/1 20/1 Sopfie442 words
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Advertisement422 1985-07-25 20 M S LINE tout* J**MS FULLY CO NT AINERISE D SERVICE TO EUROPE VIA SUEZ "J Men<*f of ttte Ace Cowwtww in.', i FROM EUROPE VIA SUEZ J A Memoer ol the Ac* Comortum FULLY CONTAINERISED TO/FROM NORTH AMERICA WEST uOAbl •vil feeder >nu< PK* Spirt* 811 I* ojtljndS«jttle V*®C422 words
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Advertisement477 1985-07-25 20 Hai Sun Hup Co (Pte) Ltd 3**- TEL: *****06 (20 Lines) TLX R*****1 RJ R*****2 Luß INTERMARITIME LTD K. Kinabaki Tel: *****0 Jakarta Tel: *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS IML V 64 BPN 5/1 TN 9 1 M KM 13/S SP 20/1 PK »/8 Loading at appropriated Berth477 words
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Advertisement542 1985-07-25 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) EVE* GIANT 11/ l 1/1 3/9 5/1 0/1 7/5 15/1 17/3 l»/> 1 EVER aOK lit 1/9 10/9 12/9 13/9 14/9 22/9 24/1 20/1 1 EVER GENTLE 25/1 15/1 17/1 11/1 29/9 21/9 29/9 1/10 l/ll542 words
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Advertisement356 1985-07-25 20 HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sintapore Loadnf for 5/8 B Abbas. B. Eg KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKeUnt Loadnt for: OCEANIA QUEEN 29/7 layapwa, Lae, P. Moresby, Rabaul. Kieta, Honiara, Noumea KYOWA BREEZE 25/8 Hewak, Lae, P. Moresby,356 words
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Page 21 Advertisements
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Advertisement898 1985-07-25 21 Stlirriliu iimr*9, iiiursun;, «ui» i<«w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 1 VESSEL KOTA RAJA KOTA RAKYAT KOTA RATNA KOTA JAVA KOTA WIRAWAN KOTA MEQAH VOYAGE E-57S E-577 E-579 E-581 ESU E-585 I VOYAGE E-326 E-332 EAST AFRICA/REDSEA SERVICES HONGKONG SINGAPORE LOADING FOR898 words
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Advertisement810 1985-07-25 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE UK/CONTINENT MG TNN WG TNN MC TUN a. NG. I« MtC.TNN MG. TNN HKG TNN NK. INK BU. TK. SM. KB ALL VESSELS ACCEPT TRANSHPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS Ikjjebsen line K, NEW ZEALAND TO NEW810 words
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Advertisement575 1985-07-25 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE COHTJUNFR SERVICE MUMMI HB GO*» BUSAM TOKOHMM 14/7 11/7 22/7 25/7 KMMSUK Hk 25/7 27/7 31/7 2/1 S PORE TO JAKARTA/SURABAYA COWTAiO SERVICE MAJtf MT 122 HB GO** m M EXPRESS SEMI-CONTAINER SERVICE TO EUROPE WEST BOUND CALLMG CASSARMCA ON575 words
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Advertisement624 1985-07-25 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore Lofcaw VIOIW 1/3 Aut Htoneywa V2O3W Phashwefyawywa V257W 10/12 Aug Pa-an ¥87 2S/2S Aut jA bank line EXPRESS SEMI-CONTAINER SERVICE TO UK/C SPORE R'DAM HULL HMBG MEADOW BANK 1 Aug 23 Aug 31 Aug624 words
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Page 22 Advertisements
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Advertisement1294 1985-07-25 22 to \®."K"line KAWASAKI RISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEEDER VSI MOTKRVSI SPORE PKIG PNG STORE met GUAYAQUL CALLAO «tCA IQUquE AIAGASIA S ANIONO VALPARAISO KJHORt BODGE V4t CONCORDIA VWO2 3 Aut Aut t Auf Aut ?i Auf 25 Sep Oct (Oct 7 Oct t Oct 11 Oct 1J Oct CENTRAL AMERICA/CARIBBEAN1,294 words
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Advertisement427 1985-07-25 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Load.!* tor IOS ANGELES SAN FRANCISCO SIATIIi. lACOMA VANCOUVER BC FCI fCI Containers AUSTRALIA EXPRESS CONTAINER SERVICE A> ifptrng FU FCI Containers i HANMOAS KAWDAj r.ABIRUAS HAVWAS UtANOIOAS In PI ?6 kit* n Aug 6 7 Au« 31 Aug 4 "> Auii b427 words
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Advertisement628 1985-07-25 22 SANKO ASIA FROM JAPANESE POUTS AMD HONOR OKI 1 SANRO SCORPIO 2 HARRAISAN MMtU 3 TWSAKTI 4 EDO MARU 5. MEROCKA 6 MRJ) SEA 7 GOTONG ROYONG Snt>po»f nm m 30/31 M 3/5 fait 7/9 At* 12/14 Auf 13/15 At* 17/19 Auf P Reianf 29/30 U 1/3 Ami S/7 Auc628 words
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Advertisement570 1985-07-25 22 !A (PTE) LTD 10 Anson Road »27 16 International Plaza Singapore 0207 Tel *****1 1 1 0 Lmesl BrQ>m£UBWA-M.XMM BREAKBULK SERVICE TO EUROPE/UK S port P KolangloadMg 5/8 14/1 ROTT/ANT/UI. (AVON) SEAWOOD AND R.M.Z.^ S pore P Kelang Loadng lor: IBM VOY 12 21/7 2/1 lionlalcoiw/Vaiwcia/ fapart ■OIASt (Til) 11V570 words
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Page 23 Advertisements
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Advertisement926 1985-07-25 23 I TO EUROPE/UK (VIA SUEZ): C PAUL 45W TW BWDGE 26W C CONTMNER 31N.. HK CONTAINER 46 W (Z/9) 4/3 w Also accepting cargo to/from Scandinavia SS BRIDGE S'pore Closing Times: J3M 30/7 FROM EUROPE (VIA SUEZ) Havre Singapore P.Keianj HKong K siung Busa TWf BRIDGE 25E Sailed Sailed In926 words
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Advertisement593 1985-07-25 23 spi*i »u»is NtPIUNt AGtNCKS Pit I ID lei ?***** 7 ?*****4 .Booths) ???7MO (Operations) ????<«/ ??09?84 Ifrmwjh ??0?4M) ??0?')04 (CfSl M> «TM» lUNIS TUNAS St ll* SDN BHD Kl If! *****0 414?44 PK lel *****4 P(N lei *****5 J674 7S CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED593 words
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Advertisement820 1985-07-25 23 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Line*) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KF L ANG f£HAH6 M/S SHARKAT NAH SOON SON BK) IST AND 2ND FLOOR MS Aw?* 4004] NO 1820 words
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Page 24 Advertisements
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Advertisement886 1985-07-25 24 Regional Container Uihs 4 Sailings weekly Fast Reliable Regular Punctual Berthing P S.A. Mon, Tue, Thur, Sat MIL REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA RATU KONSORTRM 179N356 In fort RATU KONSORTUM IWN/351 1 Aut RATU KONSORTUM IUN 360 S Aut RATU KONSORTUM 112N/362 IS Aut HINODE KISEN CO. LTD MIDDLE EAST REGULAR886 words
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Advertisement193 1985-07-25 24 Regional Weather r A V. .-v m 5 K N m a S m m e m m m x SS M «T <S i Ar 0* i *-v m. i m 0 iw SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots193 words
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Page 25 Advertisements
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Advertisement108 1985-07-25 25 m *****8/*****6/*****8/*****3 *****1/4 TERMMAI *****1/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE li' 'II rx-wiffinTTi iTTracCSBBBJEUi irrrnl B BUT WIG 8 BIftANC B BUT UK 231 221 N DMU B BUTANG 301 291 B SUM* ALSO ACCEPTH6 FOR: ANTWERP. L HARVE, UK. BREMEN. COPENHAGEN. OSLO (U.SO ACCEPTING FROM EUROPE:108 words
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Advertisement200 1985-07-25 25 LICOIINE a— GENERAL AGENTS SINGAPORE SEAUON SHPPMG (S) PTE LTD. SALES/BOOKINGS TEL *****81 (t UNES] Scan Dutch 9 To Europe (Med/UK/NC/Scan) 3) HAMBURG 4) GOTHENBURG To Red Sea/Mediterranean PIRAEUS I CASABLANCA LISBON SINGAPORE From Europe From Red Sea/Med. N Wtt 263 Nrtwn/273 N Oe)ima 283 B Soca 293 Selandia <200 words
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Page 26 Advertisements
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Advertisement174 1985-07-25 26 WORLD LINE EXPRESS REGULAR SERVICE lAPAN/HONGKONG/STRAITS VESSELS SPOW OHITH MX *21 to M SFTUYA m*A Bll2t •>* l/j MOCK SAM *1 *«l 1/11 M WSC muk tartt S»W«" «< "L 5* 1 f 2 Sew wort tot Arnt WW* OOWSS (S) mI ID ItaW Tra4t C«*t 1 Maitm JO Saiflporf174 words
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Advertisement333 1985-07-25 26 fbn upon. peoplttopaflt-lOOifeari Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S EAST AFRICA OCEAN ELITE 2 GLORIA PEAK 2 PIKEBANK 1 NEDLLOYD MOJI 1 ASTRA PEAK i WEST AFRICA EARNEST VENTURE 1 25 Jul Mombasa. Daressalaam 26 Jul Port Louis. Reunion 11 Aug Mombasa. Daressalaam. Tanga. Beira Tamatave 15 Aug Mombasa.333 words
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