The Business Times, 6 August 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, AUGUST f, IMS 60 CENTS
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  • 415 1 SHARE PRICES TUMBLED across the board yesterday on the Singapore stock market as nervous investors sold out Friday night's crop of poor results from Keppel Shipyard, Sembawang Shipyard, FELS and Straits Steamship coupled with the recent economic warnings of First Deputy Prime Minister Goh
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  • 534 1  -  Soft landing for economy possible By ZHOU MEI, Economics Correspondent SINGAPORE'S economic growth rate for the current year may be no more than 1.5 to 2.0 per cent, predicts Professor Shinichi Ichimura, a member of the United Nations Committee for Development
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  • 93 1 Bernama THE MALAYSIAN Chinese Association yesterday dismissed as unfounded and ridiculous rumours that it would be expelled from the Barisan Nasional, saying any such action will bring instability to the country. MCA central committee member Yeoh Poh San said the Chinese community's political rights in
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  • 335 1  -  By ELAINE KOH A NEWS REPORT from Malaysia saying that Pakistan has stopped buying palm oil from Singapore has created some confusion among the commodity's traders in the Republic. A Trade Development Board official, Miss Wang Look Keah, said yesterday that the situation
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  • 485 1 MINISTERS and Members of Parliament will be asked in Parliament to take a pay cut to help soften the impact of the current economic downturn. Opposition MP for Anson, Mr J B Jeyaretnam, said yesterday that he would table the motion
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  • 95 1 Reuter THE TAIWAN DOLLAR fell to a 33-month low against its US counterpart as sentiment for the local currency remained bearish. Dealers said the local unit closed at 40.39 against the dollar compared with Saturday's 40.38 closing. The record low was 40.66 set on
    Reuter  -  95 words
  • 314 1  -  By RICHARD SEAH A BAKERY and supermarket at Shaw Centre has shut down after 13 years, during which it underwent several changes of management. Last known as The Rolling Pin, the bakery and supermarket had been showing tell-tale signs of closing for some
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  • 107 1 Reuter CHINA'S surging economy and its growing demand for skilled labour has led to a brain drain from Hongkong, a local consulting company said yesterday. The shortage was worst in the British colony's trading, telecommunications and electronics industries where salaries for top personnel have soared by
    Reuter  -  107 words
  • Page 1 Advertisements
    • 44 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM We have the Model to suit your office furniture A PTE. UD. Hood Office: 1 Too ftjyoh Industrial Park *01-1387 Singapore 1231. Tel: *****42 (4 lines) Showroom: 1 Maritime Square *02-68/9, World Trade Centre Singapore 0409. Tel: *****46/7
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    • 273 1 FuM report, Pag* 13 Asian stocks, Pag* 11 mm SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE 7* OUR VIEW NEARLY EVERY PART of Singapore can be improved with high technology, but perhaps not tourist attractions like the Haw Par Villa. The gardens can do with new paint and regular
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    • 89 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "KLMs network stretches nine times round the world. "Thank goodness they stop every now and then!" t m i a -J am KLM's network totals 380,000 kilometres-one of the longest flown by any airline and serves 124 destinations in 77 countries worldwide. Yet new
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  • HOME NEWS
    • 477 2  -  By LOH HUI YIN SELCO SALVAGE is completing a rescue job on the M Vatan, the largest oil tanker to be hit in the Persian Gulf since the Iraq,-Iraqi war began five years ago. With the Af Vatan contract, Selco has already chalked
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    • 253 2 PROFESSIONALS have been urged to come forward and offer their services in social and community work, because they "can play a great part in helping those in distress to cope better with their problems and needs". The call was made last night by Mr Wong Kan
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    • 293 2 CONSTRUCTION of the Mass Rapid Transit system reached a milestone with the first topping out of an MRT station at the Toa Payoh site. The $5 billion project was progressing well within expectations, said Dr Yeo Ning Hong, the Minister for
      293 words
    • 270 2 WINCHESTER DISK DRIVE manufacturer Microscience International (Singapore) Pte Ltd (MIS), which started operations only four months ago, is setting up a research and development facility before the end of the year. Dr Richard Yen, the general manager of MIS, said the proposal to set
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    • 277 2 GAN ENG SENG School joins the ranks of the handful of centenarians in Singapore as it turns 100 this year. Raffles Institution, Raffles Girls' Secondary, St Margaret's, St Joseph's Institution, Convent of the Holy Infant Jesus, and St Andrew's are the few which have
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    • 101 2 THE SINGAPORE Broadcasting Corporation and Nippon Hoso Kyokai, the national broadcasting corporation of Japan, have signed an agreement of cooperation to strengthening relations between the two stations in the field of broadcasting. Both stations have agreed to support each other in their journalistic and production activities. The
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    • 391 2  -  By JEFFREY TSANG KNOWLEDGE OF LAW is becoming more and more vital to architects and engineers in the construction industry as the value of building projects rises, but law as a subject has been ignored in the training of these professionals. To overcome this,
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    • 211 2 LAWRENCE LIM KIN NAM has been appointed the managing director of Cerebos West Asia. Mr Lim will be responsible for Cerebos (Malaysia) Sdn Bhd, Cerebos (Thailand) Ltd and PT Cerval Foods, Indonesia. He has been with the company for 16 years and was previously the general manager
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    • 355 3  -  By LUCY NG NEW AND YOUNGER leaders are expected to emerge from the Singapore Bank Officers' Association (SBOA) when the union meets to elect a new executive council at a delegates' conference on Aug 16. Mr Lo Kwok Kwong is stepping
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    • 176 3 TWENTY-THREE LETTERS el intent were signed between Chinese officials and potential investors about half of them Singaporeans at the end of the recent three-day Third China Conference. The initial commitment to participate in Joint ventnre programmes in seven Chinese provinces and dties covers IN pre
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    • 204 3 DBS FINANCE yesterday lowered its car loan rates, while the Oversea-Chinese Banking Corporation said it would reduce its personal loan rates from today. Buyers of new cars can now enjoy cheaper financing of up to three-quarter percentage point at DBSF. The one-year rate was
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    • 117 3 THE SINGAPORE Institute of Management has launched a new logo to mark its 21st anniversary this year. The logo reflects the main focus and goals of the institute. The pyramid represents organised knowledge, structure, industry cooperation and management. This is in line with
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    • 282 3 THE STRAITS TIMES will soon be offering those advertisers who have a specific sectoral target audience a chance to sell their products at much lower costs only $7 per column cm. From Aug 16, it will launch a new weekly zonal display advertising section. Known
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    • 617 3  -  By JAIME LYE AH MENG, the Singapore zoo's orangutan, and bar feathered friends at the bird park will be working extra hard from now on to earn more money for their homes. Both the Jurong Bird Park and the Singapore Zoological Gardens
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    • 167 3 THE SINGAPORE Institute of Standards and Industrial Research is inviting comments from the public on the draft specification for 13A plugs, switched and unswitched sock-et-outlets, before they are approved as a Singapore standard. This standard, first published in 1976 (SS 145:1976), has been
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    • 176 3 THE GOVERNMENT is prepared to double the student population at the National University of Singapore by 1992 if more people qualify for higher education. The First Deputy Prime Minister and Defence Minister, Mr Goh Chok Tong, said that the government's policy was
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    • 195 3 WINE DRINKERS in Singapore are advised to keep away from Austrian wines, at least until the Ministry of the Environment has carried out full investigations. A statement from the ministry yesterday said it had received a list of over 230 Austrian wines which had
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    • 109 3 CANADIAN SOFTWARE developers are trying to make inroads into the local and regional markets with a strong showing at a computer exhibition later this month. Over 30 software products, including software for computer graphics, business accounting, programming and telephone systems, will be put on display by
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  • Page 2 Advertisements
    • 188 2 MAURITIUS The unspoilt beauty. Mauritius isn't just another london tropical paradise like those next door. paris\ (So you aren't likely to run into the folks next door either.) True, it's got powdery beaches and coral-encrusted shores that make even Tioman seem second rate. But it's got much more besides. Like
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    • 60 2 A A Changing the way the work) does business. In Singapore our faultless service is only matched by our spectacular architecture. THE PAVILION INTER- CONTINENTAL SINGAPORE S vfl sir i THE ADVANTAGE IS INTER CONTINENTAL 0 INTER- CONTINENTAL HOTELS One Cusi.idfn Road Singapore 1024 Phone 7338JW Telex: RS 3724 A
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  • Page 3 Advertisements
    • 51 3 BALLY of Switzerland meets the challenge oftoday Mb*! A member of IM MBM Group The Best of BALLY Is To Be Found At IVIELWAINI boutiques hammes #02-14/15, Shaw Centre Tel: *****42 #02-23, Plaza Singapura Tel: *****29 401-*****, Specialists' Centre Tel: *****54 #03-06/07 Scotts Shopping Centre Tel: *****60 Also open on
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    • 67 3 EL m COMMAND POSITION. Hong Leong Finance Building 138 Robinson Road *113 podium carpark lots Spacious, sophisticated qffices with inspiring seaviews *6,200 sq ft per floor (may be subdivided into smaller areas) high-speed lifts Energy-saving double-glazed windows 24-hour security Professional management/maintenance For enqmrtss ct# CITY DEVELOPMENTS LIMITED Sales Leasing Centre,
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  • OVERSEAS
    • 552 4 Output at its lowest in 32 months NYT THE US INDUSTRIAL economy continued to sag for the sixth consecutive month in July, with production at its lowest in 32 months, the National Association of Purchasing Management said in its latest report released on
      NYT  -  552 words
    • 461 4 AP A LEADER of South Africa's Zulu tribe said economic sanctions approved by the US House of Representatives would hinder efforts to end apartheid by removing the only American leverage over his country's white rulers. Most black South Africans oppose economic
      AP  -  461 words
    • 207 4 Reuter ISRAEL HAS ANNOUNCED tough new measures against Palestinians suspected of antiIsraeli activities in the occupied West Bank, including expulsion and detention without trial. The announcement on Sunday followed the deaths of three Israelis in attacks last month. The nine-party government, under pressure
      Reuter  -  207 words
    • 415 4 AP RUSSIA HAS BEGUN some of the economic changes advocated by Mikhail Gorbachev. A decree, printed on the front page of the daily Pravda, was issued on Sunday by the Communist Party's central committee and the Soviet Council of Ministers. The decree is a result
      AP  -  415 words
    • 188 4 Reuter TWO FAULTY BATTERIES paralysed the Soviet Union's Salyut-7 orbital space station early this year, prompting Moscow to send two cosmonauts (Hi a dangerous but successful repair mission. Communist Party daily Pravda said yesterday that the mission control decided in March to send Vladimir Dzhanibekov, veteran of
      Reuter  -  188 words
    • 296 4 AP TWO-THIRDS of Americans would favour the offering of a bounty for the capture or killing of terrorists such as those who hijacked the TWA Jetliner in June, a Media General-As-sociated Press poll indicated. Respondents in the na-tion-wide telephone poll
      AP  -  296 words
    • 178 4 Reuter AUSTRALIA'S largest development project, a Asl2 billion scheme to export liquefied natural gas to Japan, will go ahead nearly 15 years after the gas fields were discovered. The partners in the multinational venture said sales agreements worth about 150 billion have
      Reuter  -  178 words
    • WORLD IN BRIEF
      • 45 4 THE MALAYSIAN Airline System (MAS) will launch two flights a week between Kuala Lumpur and Los Angeles, via Tokyo, from July next year. MAS managing director Abdul Aziz Rahman said yesterday the airline would buy another Boeing 747, its third, for the service.
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      • 63 4 CHINESE GANGS in Canton and Shenzhen have kidnapped children and forced them to beg in the streets, after cutting off their fingers to attract sympathy. One gang abducted a seven-year-old boy from Hongkong last month and cut off eight of his fingers. He was found by his mother begging
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      • 71 4 JAPAN is researching technology for a possible space shuttle programme, but has not decided whether to develop its own rival to that of the US, a spokesman for the Science and Technology Agency said yesterday. Japanese newspaper Yomiuri Shimbun on Sunday said the agency and its Space Development
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      • 38 4 KHMER ROUGE guerillas said yesterday they killed 1,195 Vietnamese troops and wounded 1,289 in fighting throughout Cambodia last month. There was no independent confirmation of the claim, made by a Khmer Rouge broadcast monitored in Bangkok.
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      • 35 4 ABOUT 60,000 workers of the Japanese National Railways yesterday staged a one-hour strike to protest against the projected division and privatisation of the state-run railway network, the National Railway Workers Union said.
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      • 41 4 Agencies CAR SALES in the Philippines plummeted 60 per cent to just 2,818 units in the first half of this year compared with the same period last year, the Daily Express newspaper said in Manila last week.- Agencies
        Agencies  -  41 words
    • 811 4 Operator ARRIVALS Sorvico Local From sv PAA SV379. PA21 tMW 0115 0020 SEL LAX/TYO/HKG CAL CAL MAS MAS MAS MAS MAS SiA RBA CPA GIA SIA SIA THAI SIA MAS SIA GIA MAS SIA GIA Q341 C1337 MH601 MH681 MH603 MH8II MH67I SQ103 BM2I CX7I0 GA960 SQI05
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    • 306 5 AP SOUTH KOREAN dissident leader Kim Dae-Jung, freed from house arrest only two days ago, received a stern government warning yesterday to stay out of politics if he wants to remain free. The warning, the second one in six days, was
      AP  -  306 words
    • 105 5 UPI POLICE KILLED seven prisoners and wounded four on Monday as they tried to burn a workshop during a day-old uprising at Bangkok's Bang Kwang prison. Deputy Interior Minister Chaliew Vachrapuk said inmates tried to set fire to the workshop at cell block 6, the main
      UPI  -  105 words
    • 215 5 AP AN OPPOSITION politician has filed a complaint with police against Malaysian Prime Minister Datuk Sen Dr Mahathir Mohamad for driving a car without a licence plate, road tax or insurance. The New Straits Times reported on Monday in a front page story that opposition
      AP  -  215 words
    • 529 5 Bernama ELECTRICITY RATES in Malaysia will be cut by between 4 and 15 per cent for commercial, industrial and mining consumers from next month. Energy, Telecommunications and Posts Minister Datuk Leo Moggie said yesterday that hotels, among the major beneficiaries, could see their
      Bernama  -  529 words
    • 128 5 AFP A CHINESE trade delegation is to visit Indonesia this month, the chairman of the Indonesian Chamber of Commerce and Industry (Kadin) said. Sukamadami Gitosardjono said on Sunday that the China Council for the Promotion of International Trade would send a mission from Aug
      AFP  -  128 words
    • 359 5 AP US GOVERNORS, complaining about token trade concessions from Tokyo, told the Japanese ambassador that his country must reduce export barriers or risk US retaliation. But Ambassador Nobuo Matsunaga insisted at the annual meeting of the National Governors' Association that Japanese markets are more
      AP  -  359 words
  • Page 4 Advertisements

  • Page 5 Advertisements
    • 180 5 I ffiWM i&Zy*/ :W%r dressing table is no replacement/or Ask any frequent traveller. Bring out that big ring-binder of monthly budgets. Un fold a fan-fold of computer print-outs. Fish out the files you fetched from your office. Add a calculator, rough pad, eraser and a pencil or two. Sow try
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  • Page 5 Miscellaneous
    • 94 5 Doonesbury THE BUSH ADMINISTRATION HOW PIP fTFARE? STAMPING &1 IN OUR I/UASHIN6 TON STUDIO IS PORTER RAFF6R7Y, ONE OF THE VICE OLDEST y ASSOCIATES. m: MR.RAFFERTY, HOUJMXJLP W RATE THE ACTIN6 PRESIDENCY OF GEORGE BUSH* IV HAVE WGiVE MR. BUSH VERY HIGH MARKS, POLAND, w BY GARRY TRUDEAU THE RECORD
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  • WORLD BACKGROUND
    • 929 6 Shevardnadze's low-key stance seen as a shift in policy UPI ALL EYES WERE ON Eduard Shevardnadze, the new Soviet Foreign Minister, as he made his debut last week. The reason for his trip to the Finnish capital of Helsinki to attend the 10th
      UPI  -  929 words
    • 882 6 Reuter WORRIED ABOUT FOREIGN hostility over its exports and fears of a sluggish US economy, Japan is stepping up efforts to spur domestic investment and demand. Tokyo officials said their market-opening programme, announced last month, was the best they could do at the
      Reuter  -  882 words
    • 591 6 AP AT CROSS CO does not expect to be exporting many more of its high-priced pens because of Japan's recent import promotion campaign. The Rhode Island company cracked the Japanese market years ago, with lots of local help. "You can sell your goods in
      AP  -  591 words
    • 510 6 UPI WINSTON CHURCHILL once described Uganda as "the pearl of Africa", and called the beautiful country in the heart of the continent "an island of gentle manners". But during the 23 years since achieving independence from Britain, Uganda one of black Africa's most wretchedly
      UPI  -  510 words
  • Page 6 Advertisements
    • 334 6 Can you read 2,000 magazines and 500 books and still find time to manage? To get at the best in management reading and keep up your professional self-development, you'd have to plough through some 2,000 magazines and 500 books published throughout the world each year. Any manager who seriously tries
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  • BANKING AND FINANCE
    • 377 7 Reuter MOST OF THE 16 foreign banks offered Australian banking licences believe that the new entrants will collectively have a 20 per cent share of the market within five years, according to Canadian academic and banking consultant Brian Metcalfe. Foreign banks are optimistic
      Reuter  -  377 words
    • 131 7 Reuter THE ASSETS and liabilities of commercial banks in Malaysia rose to M 567.93 billion in March from $67.55 billion in February and $60.21 billion in March last year, Bank Negara Malaysia said. Deposits held by banks increased to $43.95 billion from $42.67 billion
      Reuter  -  131 words
    • 177 7 Reuter JAPANESE securities houses will introduce a new mutual fund, the Free Financial Fund, on Aug 14 to compete with banks' money market certificates (MMC), securities industry sources said. The fund is an addition to the securities houses' medium-term government bond investment funds and
      Reuter  -  177 words
    • 570 7  -  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 SANG KANCIL is making steady
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    • 386 7 Reuter THE US TREASURY will offer a record U5521.75 billion in new securities to credit markets this week, and for the first time in months it cannot be assured that foreign investors will be significant buyers, economists said. The dollar slid
      Reuter  -  386 words
    • 88 7 Reuter SUMITOMO BANK plans to open a trust bank in New York soon, after talks with state authorities. Finance Ministry sources say overseas trust branches of Japanese city and long-term banks are being allowed to increase their activities following Japan's recent decision to allow nine foreign
      Reuter  -  88 words
  • MONEY AND EXCHANGES
    • 684 7 SINGAPORE THE US dollar yesterday closed slightly lower against major European currencies but marginally higher against the yen, after fluctuating on speculative selling and short-covering in thin late trading. The dollar closed a shade lower at 2.8155/65 marks against New York's Friday 2.8190/8210 close. It closed marginally weaker
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    • 236 7 Interbank rates at 3pm yesterday: CMrTOACfeO Nominal ratee Sr Offer ci nithsonian oee parity change Local dollars to one unit of foreign currency: US dollar 2 1930 2.1940 2.8196 -22 22 Sterling pound ***** 3.0134 7 3469 -59 03 Australian dollar 1 5723 1 5752 ***** -54 14
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    • 177 7 THE OVERNIGHT rate on the Singapore interbank money market fell by point from Friday to close at 4 3 /s per cent yesterday. The one-month term rate fell by 1/16 point while the two-month rate rose 1/16 point. The three-month rate was unchanged. S$ Interbank rates at 3pm
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    • Article, Illustration
      361 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading, dealers said. They said news that US unemployment for July was unchanged at 7.3 per cent was within market expectations and had little impact. Short-dates weakened between 1/16 and Vfe point at the start due
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    • 364 7 BA Futures EumMlw futures yesterday opened lower than Friday's close due to the larger than expected non-farm payroll employment figure and uncertainty about the US Treasury auction later this week. The September contract opened 7 ticks lower at 91.61 and was locked within a narrow range of 91.60 and
      BA Futures  -  364 words
    • 220 7 HONGKONG: GOLD yesterday closed higher in active trading spurred by concern over unrest in South Africa. The metal closed at U*****.20 60 an ounce compared with its previous $321.70/322.10 close here, and the $321.50 322.00 finish in New York on Friday. TOKYO: Futures prices closed eight to 20 yen/gram
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  • Page 7 Advertisements
    • 118 7 asly Banquet Whatever the numbers, the Dynasty has it all to make you the perfect host. An experienced Banquet Team that ensures everything turns out just the way you want it. A variety of cuisines to choose from and more importantly a variety of prices. Nine function rooms with facilities
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  • FEATURES
    • 456 8 TECHNOLOGY IS OFTEN TREATED like a magician's wand, capable of solving all the problems that face Singapore. What is to be done when manufacturers cannot compete with those from neighbouring countries, when retail stores and the civil service need to improve efficiency or when coffee shops and provision
      456 words
    • 1098 8  -  While Singapore grapples with the transition to a high-technology regime, its main market the US is trying to restructure its entire industrial base. Here ROBERT B REICH, a professor at Harvard University's John F Kennedy School o! Government, argues that while the drive to shock
      NYT  -  1,098 words
    • 791 8  -  Meanwhile, CLYDE HABERMAN reports that Japan, comfortably high-tech, is anxious over a different transition the passage to becoming an active global force. CLYDE HABERMAN FORTY YEARS after abject wartime defeat followed by stunning peacetime rebirth, Japan has evolved into an ambivalent world power. It
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  • Page 8 Advertisements
    • 169 8 Air freight is faster Our coverage is better In BT every Friday. Let BT show you how every Wednesday. You don't need to have Special Qualifications to be a Director... But you have to know your DUTIES and LIABILITIES DIRECTORS' DUTIES AND LIABILITIES Catherine Tay, Lecturer, National University of Singapore
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  • Page 8 Miscellaneous

  • SPORTS
    • 687 9  -  Suspensions leave top jockey spot wide open By BRIAN MILLER "TEH CHOON BENG is going to hit the 100-winner mark. If he doesn't make the century, then he's going to come very close to it. And the bulk of his winners will be ridden by
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    • 424 9 AFP MICHELE ALBORETO of Italy gained double revenge over Alain Prost in the West German Formula One Grand Prix in Nurburgring on Sunday and at the same time added a vital three points to his world championship lead over the Frenchman. Alboreto, the 28-year-old Ferrari driver,
      AFP  -  424 words
    • 284 9 Reuter LAN BAKER-FINCH of Australia scored his first European golf tour victory on Sunday by shooting a best-of-the-day 66 for a 14-under-par 274 in the Scandinavian Open. Baker-Finch, best known in Europe for having shared the lead in the British Open at St
      Reuter  -  284 words
    • 253 9 AP SCOTT VERPLANK became the first amateur in 29 years to win a professional golf tournament when he rolled in a two-metre, par-saving putt on the second hole of sudden death on Sunday and defeated Jim Thorpe for the Western Open title. Thorpe,
      AP  -  253 words
    • 126 9 UPI VETERAN Chinese pro Hsieh Min-Nan of Taiwan beat Yoshihisa Iwashita of Japan in the sudden death play-off on Sunday to win a 35 million yen men's open golf tournament in Tokyo. Hsieh, 44, and Iwashita, 36, carded a total of 12-under-par 272 after the
      UPI  -  126 words
    • 335 9 Reuter ALL-CONQUERING Steve Cram claimed his third world record in 19 days on Sunday when he trimmed New Zealander John Walker's nine-year-old 2,000-me-tre mark by one hundredth of a second at the Budapest Athletics Grand Prix. The elegant Briton, tiring fast after running half the race
      Reuter  -  335 words
  • Page 9 Miscellaneous
    • 1208 9 w sm mm QERICAULT (1791-1824) "Men And Wild 8.00 pm, Channel 12 This is a profile of the I great French Romantic M painter Theodore V M Gericault during the iff m 18th century. Although he is a fashionable dandy, an avid horseman and originally Jr a Bonapartist, he was
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  • INTERNATIONAL COMPANY NEWS
    • 940 10 Bank strives to be the fifth force in the industry FT STANDARD CHARTERED, under the chairmanship of Lord Barber, the former Conservative Chancellor, is trying hard to change. Most people remember it for its attempt to buy the Royal Bank of Scotland
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    • 213 10 Reuter UNIMAR CO's cash now generated primarily from the sale of liquefied natural gas (LNG) by its 23.125 per cent interest in an Indonesian LNG project amounted to U5523.3 million in the second quarter, up from $19.3 million a year earlier. Unimar
      Reuter  -  213 words
    • 43 10 Reuter VOLKSWAGEN AG had raised investment by 32.1 per cent to 3.02 billion deutschemarks in the first half of this year, with most of the expenditure concentrated on production improvements and the development of its leasing and rental businesses. Reuter
      Reuter  -  43 words
    • 390 10 UPI THE EASE with which anyone in the US can set up shop as a financial planner these days has led to so much abuse that two states are considering legislation to tighten regulations governing the industry. California and Hawaii are taking the lead
      UPI  -  390 words
    • 162 10 Reuter ELDERS IXL Ltd plans to lift its stake in British food and drink company Allied Lyons PLC to 10 per cent from a re-cently-acquired 4.6 per cent. The Australian Financial Review attributed its report to chief executive John Elliott, who declined to state Elders's
      Reuter  -  162 words
  • Page 10 Advertisements
    • 530 10 c©3! <&•' M SI Wi*ee% id wlae, ila« and ce Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. j Special business lunch at $16++ each and $20++ each (mln. 2 persons). Over 50 a la carte specialities are also available.
      530 words
    • 116 10 > f Feng Cheng L6u Teochew V Restaurant for the best Teochew delicacies in town. > Discover our famous dian-xin, >. 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
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  • ASIAN STOCKS
    • 365 11 HONGKONG: Share prices closed higher in light trading yesterday with the market looking for fresh factors to give it direction. Brokers said institutions and small investors stayed on the sidelines despite relatively low interest rates, which had spurred investment of late. The Hang Seng Index rose by 6.31 to
      365 words
    • 220 11 AUG 05 A1 Sxcwt lndu» Asm Cement MT 2.12 20.40 0 13 -03 Kuochan De* Uen Hwo Indus Nan Yo Pfc» Pacific Com Pacific Elect 12 50 9 40 22.30 14 20 12.30 -0.1 unch -2.5 •02 -0.1 23.10 04 0 78 001 45.40 17 Shore 1175 -0 15
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    • 323 11 TOKYO: Stock prices drifted lower in light activity yesterday with no fresh incentives to spur trading. The market average shed 41.65 to *****.62 after falling 33.69 in Saturday's half-day. Turnover was only 180 million shares against 180 million last Saturday as most constructions and banks fell. Securities and non-life
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    • 106 11 MANILA: Stocks closed generally higher in dull trading yesterday. The Commercial and Industrial Index improved by 0.15 to 133.13 and the Mining Index 0.76 to 674.54. The Oils Index was unchanged at 0.726. AUG OS r«m> Morjt*e! Oriental B PMt> B 0013 0 13 0001 i*»ch Pic op B
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    • 360 11 SYDNEY: Australian share prices closed firmer yesterday on strong demand for gold stocks after a strike call by black South African miners. But trading was thin due to a bank holiday in New South Wales. The Gold Index rose by 31 to a record 1075.7. The All Ordinaries Index
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    • 74 11 AUG OS Won 675 UKh -1 Hyundai Con»t Hyundai Motor ICAL 908 870 472 -2 12 M) 649 Korea Frtt 740 15 Commercial 0k 731 unch unch Yukong Korea SNp 1400 392 5 2 650 2 669 7 Samiuig Co 680 +9 475 Samsung Oac 825 5 Gold Star
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    • 153 11 BANGKOK: Share prices yesterday closed lower in quiet trading. The Book Club Index dipped by 0.21 point to 142.49. Declines led advances by more than a four-to-three margin. The turnover stood at 217,897 shares worth 31.0 million baht compared to 206,663 shares worth 34.9 million last Friday. AUG 05
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    • 57 11 Reuter PAKISTAN HAS INVITED offers by Aug 31 for the purchase of two textile mills, each with 50,000 spindles and 11,000 looms capable of producing 70 million yards of cloth annually. "We want to sell them to any investor, Pakistani or foreign," a spokesman for
      Reuter  -  57 words
    • 180 11 Bernama IN LINE WITH THE Malaysian government's call to lower hotel rates and promote tourism, Ming Court Hotel is offering rooms at MJ9S in Malaysia from Sep 1. The executive director of Ming Court Hotels International, Mr Khong Kim Kong, said it
      Bernama  -  180 words
    • 91 11 AFP DU PONT, an American company, plans to invest US$l6O million to make the white pigment titanium dioxide in Taiwan. P N Costello, the general manager of Du Pont Far East Taiwan, said the company had submitted a proposal to build a factory
      AFP  -  91 words
    • 332 11 Reuter CHINA'S state-owned industries should issue shares and name boards of directors distinct from government-appointed managers, two young economists said in Beijing. Stock sold to the public should eventually be traded on the market, Wu Jiaxiang, 30, and Jin Lizuo, 27, proposed in
      Reuter  -  332 words
  • Page 11 Advertisements
    • 585 11 Tbdav's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with Tarragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons Traditional Curry Tiffin on Sundays. g&RafflesHoid Our is legendvy
      585 words
    • 90 11 Savoury Delights Await Yon At r O r O Z2 /foif A2mi£ Dion Xin available (luring butch! for reservations call. m ORCHARD ROAD Outside CBD M v£? at I l ,o I Taste the finest cuisines that past emperors of China feast on Six chefs from the renowned Imperial Restaurant
      90 words

  • RAW MATERIALS
    • 535 12 Total exports for first four months take a dip Bernama PENINSULAR MALAYSIA exported 206,060 cubic metres of timber and timber products worth MsBB million in April this year. The latest issue of Maskayu, a monthly bulletin of the Malaysian Timber Industry Board, says
      Bernama  -  535 words
    • 131 12 AFP THE VALUE of Indonesian plywood exported to Japan in the first five months of this year rose 268 per cent over the same period last year. In a report from Tokyo, the national news agency Antara said Japan had imported $22.5
      AFP  -  131 words
    • 391 12 AFP THE PHILIPPINE government has reopened a foreclosed mining complex near Sipalay under a special contract with the Marubeni Corp of Japan. Premier Cesar Virata and Marubeni President Kazuo Haruna led dignitaries in the launching of the Maricalum Mining Corp
      AFP  -  391 words
    • 216 12 AFP THE COMMISSION of the European Economic Community favours an increase in the EEC guaranteed price for imports of sugar from 18 developing countries. The commission is proposing that during the 1985-86 sugar season which began on July 1, the subsidised price of raw
      AFP  -  216 words
    • 105 12 Reuter CHINA PRODUCED a record 4.31 million tonnes of sugar in the 1984/85 refining season ended May, up 750,000 on the previous year. The China Daily did not give figures for the previous record. It quoted a spokesman for the Ministry of Light
      Reuter  -  105 words
    • 334 12 Reuter THE SOUTH INDIAN tea industry is facing a serious financial crisis because the average auction price is below the cost of production and there is still no marked buying activity even at low prices. The United Planters Association of South India (Upasi)
      Reuter  -  334 words
    • 215 12 AFP JAPAN PLANS to encourage greater cooperation between Pacific Rim coal consumers and producers. Japanese Ministry of International Trade and Industry (Miti) sources said a study prepared for Miti by Japan Coal Development Co had shown coal consumption in Japan, South Korea, Taiwan, Hongkong,
      AFP  -  215 words
    • 144 12 Chinese Produce Exchenge (Sellers' noon dosing prices on Aug 5 (SS/100 kg). Coconut oil Bulk FOB 100 00 OW drum FOB 113.00 New drum FOB 117.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gambier FOB NSW 430.00 463.00 330 00 330.00 Copra Mixed (loose)
      144 words
    • 283 12 Singapore C-l Ord unq (S$/kilo, ex-godown) Loonzain Rice Frogront new crop ut n sn 100% 1st grade 100% 2nd grade S3 2nd 0 56 100% 3rd grade unq 3rd 0 56 Parboiled Rice New Crop 5% 215 25% no stock 10% 210 10% no stock Thai Broken Maize unq
      283 words
    • 106 12 HIGHER MINER disposals weakened the tin price in Kuala Lumpur by seven eents to Ms3t.B4 per Idle, within the ITA 29.15 to S2M lower range. Offerings increased to 215 tonnes from ICS last Friday, mainly due to week-end accumulation. The buffer stock manager was active at this level,
      106 words
    • 163 12 Yarn (In HKS p«f 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 21's 2,800 Combed yarn, cones Bice Phoenix 32's 4,200 Blue Phoenix 40's 4,400 Open-end yarn Blue
      163 words
    • 218 12 SINGAPORE THE MARKET yesterday closed slightly firmer with August One RSS buyers quoted at 172.50 cents per kilo, up 0.75 cents from last Friday. The morning session gained 0.50 cents on some covering of August position in quiet trading. Prices rose fractionally in the afternoon but trading continued quiet.
      218 words
    • 357 12 in S cents/kg, FOB m boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 172 50 173.SON 172 50 173.SON Int 1 RSS Aug 85 172 50 *****N 172 50 173 OON lot 1 RSS Sept 85 171 50 172 00 171 50 172 00
      357 words
    • 107 12 (cents/kg. 1-ton pallets) 95 SEPT 85 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 142 00 144 00N ***** 145 OON SSR 50 140 00 142 OON 141 00 143 OON MRELB Buyers Sellers Buyers Sellers SMR CV 197 50 199 50N
      107 words
    • 163 12 LATE COVERING helped the Malaysian crude palm oil market to close higher in moderate trading, dealers said. Opening conditions were dull on lack of interest following last week's lower Chicago soyabean futures closing. August deliveries in the south and central regions rose Msls and $22.50 respectively to $900
      163 words
    • 123 12 Reuter THE MALAYSIAN government has lowered the export duty on processed palm oil (PPO) to M 5523.07 per tonne from $570.76, effective from last Thursday. However, the duty on crude palm oil (CPO) is unchanged, at M 5451.55 per tonne. The gazetted
      Reuter  -  123 words
    • 915 12 COFFEE ROBUSTA coffee futures yesterday held steady around early losses to midday at down £28 to £34 a tonne from Friday's close in a fairly thin volume. This followed long liquidation and some post-week-end short selling, with operators largely withdrawn. Analysts said there was technical support at £1,680
      915 words

  • SHARE INFORMATION
    • 4095 13 NERVOUS SELLERS dominated the Singapore stock market yesterday, bringing share prices down across the board. At the close, the Straits Times Industrial Index fell 16.43 points to 754.78 while the BT Composite Index lost 13.39 points to 657.90. Volume was low, with just 7.91
      4,095 words
    • 222 13 SINGAPORE Rises Indices M A A 2700 M—Hlnfc 1000 Graatf UH HWf» 134 Avar Hitaa Ta 70S Falls Til i 320 0 C C 830 FCLS 270 Gaatim 565 UWah 183 Sal PiiMHi* 166 C A S H SOf 250 Htmtfca* 50* 159 Rm-B S0« 199 C
      222 words
    • 3386 13 BID and offer price* officially listed and busmen in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lota of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT*.
      3,386 words
    • 108 13 HARBISONS MALAYSIAN PLANTATIONS Berhsd: 9th AGM at The Theatrette, 2nd Floor, Balai PNB, Jalan Tun Razak, Kuala Lumpur, tomorrow at 11am. AMALGAMATED PROPERTIES INDUSTRIES Berfcad: 15th AGM at Teratai Suite n, 2nd Floor, Petaling Jaya Hilton, Jalan Barat, Petaling Jaya, Selangor on Saturday, August 10, at 10.30am. ERASER
      108 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 715 14 KUMPULAN PERANGSANG Selangor (KPS), the investment arm of the Selangor government, is seeking a listing on the Kuala Lumpur Stock Exchange (KLSE). This was disclosed by its chairman, Datuk Haji Ahmad Razali bin Haji Mohd Ali. Datuk Ahmad Razali, who is also
      715 words
    • 92 14 Reuter THE BOARD of Beatrice Cos Inc last Saturday elected William W Grainger Jr as the new chairman and chief executive officer, replacing James L Dutt, who has resigned. The company said the board also elected William G Karnes, the former chairman and chief executive officer,
      Reuter  -  92 words
    • 237 14 A RELATIVELY UNKNOWN Sabah businessman has been appointed the chief executive of Malaysian Mining Corporation, the largest tin-mining company in the world. Labuan-born Ibrahim Menuddin takes over from Tan Sri Nasruddin Mohamed who relinquished his post last week. The latter will, however, continue as the non-executive
      237 words
    • 224 14 PILECON ENGINEERING Bhd, which is diversifying into the electronics field, is acquiring 40,000 shares of Msl each or 80 per cent of PDX Computers Sdn Bhd for cash. PDX Computers is a dealer and agent in computer hardware, software, stationery and accessories. It also provides
      224 words
    • 769 14 Current payment Ex date Books dote Date payable Totol for the yeor Totol for last year Al«x Hldgs AmboModcr Amol Steel B Sembowong Botu Kowon Botu Lintong Botu Lintong C Properties D C Bonk D Keromot Duff D«v FAN F AC B F Merlin CULS Fed Cables G
      769 words
    • 243 14 Bernama. THE KUALA LUMPUR Stock Exchange (KLSE) and Bernama, the Malaysian national news agency, have signed an agreement to provide real-time stock price reporting from the KLSE to stockbrokers and the investing public in Malaysia and abroad. A joint statement issued by the KLSE
      Bernama.  -  243 words
    • 97 14 HONGKONG Friday 1364.0 Week ago 1361.9 Hang Seng Index Monday 1671.90 Friday 1665 59 Week ago Closed TOKYO NEW YORK Dow Jones Friday 1353.05 Thursday 1355.62 Week ago 1357.08 Tokyo Dow Jones Monday *****.62 Friday *****.96 Week ago 1259J 42 TSE Index Monday 1010.45 Friday 1016.93 Week ago
      97 words
    • 265 14 Managers' prices MARA-Bumiputrs for Aug 6 First B'putro 5.10 5 15 Second B'putro 4.64 4 69 Third B'putro ,3 82 3 8/ Fourth B'putro 4 24 4 29 Fifth B'putro 2 82 2 87 Sixth B'putro 2 77 Seventh B'putro (A) 1 78 1 83 Seventh B'putro (B)
      265 words
    • 98 14 Reuter UNIGATE PLC's subsidiary, Unigate Australia Pty Ltd, has agreed to sell its three milk plants to Drouin Coop Butter Factory. The value of the assets being sold was not disclosed but Unigate said it was below five per cent of its total net assets.
      Reuter  -  98 words
    • 474 14 YAOHAN DEPARTMENT Store Company Ltd of Japan has teamed up with Multi-Interests Sdn Bhd, which holds the nonlisted companies of the Metroplex group, to set up a supermarket chain in Kuala Lumpur. The new Joint venture company, Yaohan (M) Sdn Bhd, will manage and
      474 words
    • 308 14 SHARE PRICES fell sharply across the board on the Kuala Lumpur stock market yesterday with many counters recording doubledigit losses. Trading was selective and interest was scattered among a few industrial and finance stocks. Most other counters were quiet. The market opened on an easier note
      308 words
    • 2595 14 BID and offer price» 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 ACHoc (1 765) AMD (3 04S) Alcom (0 898
      2,595 words
    • 298 15 RECENTLY-LISTED Jurong Engineering Ltd has reported creditable growth in earnings amidst the crop of poor results released by meet other companies for the first half of this year. Group pre-tax profits for the engineering contractor, which made its debut on the stock market
      298 words
    • 659 15  -  By NAJEEB JARHOM INDEPENDENT directors of People's Insurance Company who had fiercely resisted Hwa Hong's takeover bid at the outset have changed their minds about the $2.25 a share unconditional cash offer. The directors comprising mainly members of the family of the late
      659 words
    • 494 15 High cost of funds hits D C Bank DEVELOPMENT A Commercial Bank's long overdue 1984 audited results have brought disappointing news to shareholders. Not only was there a sharp drop in profits for the year ended last Dec 31, in spite of healthy growth in total deposits and loans and
      494 words
    • 434 15 LAST FULL YEAR Company Period Dote announced lost year Yeor fildlHj Net EPS (ceot*) Gross Net profit ($*000) Pahang Inv Murato Killingholl Tin S«l Properties Sim Lim Finance Minebea Sim Lim Beriaya Corp M Resources U 1 C Pegi Msio Khong Guon H Negara 0 C B C
      434 words
    • 981 15 SHARE PRICES drifted lower throughout the session yesterday on light but persistent selling and showed little or no reaction to the 1.2 per cent rise in June retail sales to a record level. Dealers said trading was quiet, with operators awaiting today's UK money supply figures. At 3.30pm,
      981 words
    • 330 15 SPK-SENTOSA Corporation is embarking on a Ms 7 million expansion and diversification programme which, when completed, will contribute earnings of |74 million over 15 years. Under the proposed scheme, SPK-Sentosa will acquire more than 11,000 sq m of land from SPK's subsidiary, Angsana Sdn Bhd.
      330 words
    • 202 15 SHAREHOLDERS of First Allied Corporation Bhd have approved the company's proposed acquisition of •he entire issued and paidup capital of Dapan Holdings Sdn Bhd, a Sabahbased property development company, for Ms3s million c^-sh. Dapan owns about 168 hectares of land in Kota
      202 words
    • 282 15  -  By CHAN OI CHEE PROPERTY-BASED Parkway Holdings, formerly known as Singapore Glass (1974) Ltd, is redesigning its Astrid Meadows condominium project in view of the depressed market. At the same time, the company is actively pursuing new businesses to counter the effects of the economic downturn.
      282 words
    • 190 15 DBS BANK has requested the Stock Exchange of Singapore to suspend trading in its shares and convertible unsecured loan stock today. General Securities Investments Ltd has also requested the trading of its shares to be suspended on the same day. LUM CHANG HOLDINGS said the consideration for 49
      190 words
    • 46 15 Company RIGHTS ISSUE Doh Yung One-for-one fe $100 per share (Bonus entitled to rights) Ex-date: Aug 7 Books Close: Aug 15 Company BONUS ISSUE A Enterprises One-for-six Ex-dote: Aug 12 Books close: Aug 22 Dah Yung One-for-five Ex-date: Aug 7 Books close: Aug 15
      46 words
    • 104 15 Company RIGHTS ISSUE Alcom Two-for-three $1.00 per shore George Town Two-for-one fe $1.00 per shore Killinghall Two-for-five $115 per share Peak Hua Three-for-two $1.50 per share Sub-division of $1 par into 2 shores of 50 cents eoch Sateras Res One-for-two fe $1.25 per shore Selangor Dredg One-for-four fe
      104 words

  • Page 15 Advertisements
    • 350 15 NOTICES KAY HUA PRIVATE UNITED. (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 Ist August 1985 the Special Resolution set out below was duly passed RESOLVED that
      350 words
    • 292 15 HONG BAM SA UMITP) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 46 Ang Mo Kk> Street 61, Singapore 2066, on the 28th day of July 1985 at 10.00 a.m., the Special Resolutions set out below were duly passed (a) That
      292 words

  • 396 16 UPI THE EASE WITH WHICH anyone can set up shop as a financial planner these days has led to so much abuse that two American states are considering legislation to tighten regulations governing the industry. 7 California and Hawaii are taking the lead in
    UPI  -  396 words
  • 63 16 AP THE US EMBASSY in Manila said yesterday it had offered to give "any appropriate government agency" information on an alleged attempt by Philippine Air Force officers to divert the plane carrying opposition leader Benigno Aquino on the day he was shot. It
    AP  -  63 words
  • 415 16  -  A $43m fall in first five months By LEE HAN SHIH REVENUE OF HOTELS and restaurants shrank by more than $43 million in the first five months of this year to only $484.8 million, in spite of an increase in rooms and food and beverage
    415 words
  • 270 16 Agencies MAYORS of 100 communities around the world met in Hiroshima yesterday to denounce nuclear warfare and to commemorate the 40th anniversary of the first atomic air raid. Some of the most heavily bombed towns of the two World Wars were among the 67 nonJapanese communities represented
    Agencies  -  270 words
  • 161 16 AP, AFP THE NAVIGATOR of the US bomber which dropped the atomic bomb on Nagasaki 40 years ago this Friday, committed suicide on Sunday. Paul Bergman, 60, was found hanged in the stairway of his house in North Hollywood by his sister. Police said that
    AP,; AFP  -  161 words
  • 353 16  -  By JEFFREY TSANG CONTRACTORS CAN EXPECT two major projects from the Public Works Department soon. Tenders for the southern section of the Central Expressway (CTE) and for the widening of Tampines Road for the Tampines Expressway will be called before the end of the year.
    353 words
  • 129 16 A 40-YEAR-OLD man was sentenced to jail yesterday for a hoax call saying a Sri Lankan guerilla was carrying a bomb aboard a Swissair flight from Singapore to Colombo. The alarm caused a full alert at Changi Airport and the aircraft, with 227
    129 words
  • 50 16 UPI IRANIAN sky marshals shot dead a hijacker and arrested another on board an Iran Air jetliner yesterday as it flew from Teheran to the Iranian port of Bandar Abbas, the official Islamic Republic News Agency said. The plane landed safely at the airport. UPI
    UPI  -  50 words
  • 407 16  -  By MONICA GWEE THREE NIXDORF managing directors yesterday dismissed the current recession as part of a normal cycle and announced the hiring of 100 retrenched and "paid leave" production workers from electronics companies such as General Electric, Hew-lett-Packard and Texas Instruments. Mr F W Aldag,
    407 words
  • 111 16 Reuter COMEX GOLD FUTURES posted moderate gains of US$2.OO to $2.80 an ounce yesterday morning on news that South African gold miners had voted to strike over a wage dispute from Aug 25. Spot gold added $2.30 at $324.00 an ounce. The December delivery rose $2.80
    Reuter  -  111 words
  • 75 16 Reuter THE NEW YORK stock market yesterday extended Friday's downturn, with trading hesitant ahead of a record US Treasury financing this week. The Dow Jones Industrial Average was off 5Vi to 1347-Vi. Declines led advances by nearly two to one on volume of 10.06 million shares. Manville
    Reuter  -  75 words
  • 172 16 THE CHAIRMAN of the Singapore International Chamber of Commerce, Mr CN Watson, has said that the Republic scores highly in terms of political and industrial stability. But high costs could discourage investments, he said in response to a speech by the First Deputy Prime Minister
    172 words
  • 421 16 THE CENTRAL Provident Fund faces the danger of "severe financing problems" in the next 25 years with payouts exceeding contributions as a result of a gradually ageing population. This warning was sounded by the economists of Philips and Drew, one of
    421 words
  • 173 16 THE VENUE of the next meeting of heads of government and state of Non-Aligned countries was among the topics of discussion between Mr A P Venkateswaran, the Secretary (East) of India's Ministry of External Affairs, with Singapore government officials during his one-day visit to the Republic yesterday. Also
    173 words
  • 69 16 Reuter COMMUNIST PARTY officials in China's economic showcase of Shenzhen were involved in a multi-million dollar black market and car smuggling scandal. The official People s Daily said yesterday officials in Shenzhen had illegally sold U5534.25 million to officials in Hainan Island, off the south coast.
    Reuter  -  69 words
  • LATE FILE
    • 57 16 UPI A DOCTOR who set up a rural health cooperative (or the poor in Bangladesh was named yesterday to receive the 1985 Ramon Magsaysay award (or community service. Dr Zafrullah Chowdhury was cited (or "engineering Bangladesh's new drug policy, eliminating unnecessary pharmaceuticals, and making comprehensive medical
      UPI  -  57 words
    • 51 16 Reuter CHINA has set up a national copyright agency to draft a copyright law and to prepare the ground for China's entry into international copyright organisations, the official China News Service said yesterday. China at present recognises none of the international conventions on publishing copyright.
      Reuter  -  51 words
    • 54 16 Reuter A DISPUTE over a decision by the British Broadcasting Corporation (BBC) to ban a film on Northern Ireland intensified yesterday with more journalists backing strike action against government interference in media freedoms. BBC radio producers, presenters and sound staff became the latest to support the
      Reuter  -  54 words
    • 47 16 AFP CHINA yesterday confirmed that Wang Hai, a 59-year old Korean war flying hero, Is the new chief of the country's air force. The New Carina News Agency said Commander Wang replaced the air force head, Zhang Tingfa, last month. AFP
      AFP  -  47 words
    • 44 16 Reuter SCHEDULED flights from Uganda's Entebbe Airport resumed yesterday morning after being halted since the July 20 military coup, airport officials in neighbouring Kenya reported. Radio Uganda also said the airport was open, but did not report any takeoffs or landings.
      Reuter  -  44 words
    • 28 16 Reuter VICTOR PAZ ESTENSSORO was yesterday elected President of Bolivia in a congressional vote, which gave the 77-year-old centrist politician his fourth term as president.
      Reuter  -  28 words
  • Page 16 Advertisements
    • 151 16 OPEN PLAN E Mi n j I Partition, Ceiling, Carpet, Wallpaper, Custom-made Furniture, General Contractor. Supplier of Office Ind Equipment. TEL: 454 9791 KINGSVILLE ENTERPRISE iingapore 2056. Telex: RS ***** KINVIL Cable: KINGSVIEW NOTICE NOTICE IS HEREBY GIVEN that, I Wang Say Khee of No. Blk 1, Jalan Pasar Baru
      151 words
    • 410 16 DEVELOPMENT PROGRAMME August October. 1985 1. Tactics 4 Techniques of Elective Supervision Aug M 16 2. Developing a Tuning Pokey Aug 19-21 3. A Conference on Problems A Promises of Franctusng in Singapore 4 Asia m the 'SUs Aug 21 4. Fundamentals of DP tor Accounting 4 Financial Managers Aug
      410 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 106 17 Reuter TAIWAN WILL spend US$6 billion in the next 14 years on its ports and container fleet, the communications ministry said. A ministry spokesman said a $50 million container terminal will be built in Keelung and the ports of Kaohsiung and Taichung
      Reuter  -  106 words
    • 332 17 PROMET HAS delivered a submersible swamp drilling barge its first rig order in two years. The barge was delivered at the end of last month to National Offshore Construction SA, a company in which Promet has a stake. Built at a cost of US$l5 million, the Tidore
      332 words
    • 190 17 Reuter KUWAIT had dropped plans to buy six new crude oil tankers, but will go ahead with the purchase of six ofl product carriers, a senior shipping official said. Abdul Fattah al-Badr, of the state-ran Kuwait Oil Tanker Company (KOTC),
      Reuter  -  190 words
    • 223 17 THE CEYLON Shipping Corporation, which now owns eight container ships and charters (our others, plans to switch to an allcontainer ship fleet by the end of 1966. It aims to sell all its conventional vessels, and has started with the 9,869 tons
      223 words
    • PORTSIDES
      • 74 17 Reuter A STRIKE by about 200 waterfront clerks in the Port of Brisbane is delaying 14 vessels, a Queensland Harbours and Marine Department spokesman said. The strike began late last week over a manning issue involving one clerk and is holding up six vessels alongside and eight
        Reuter  -  74 words
      • 108 17 AFP THE WEST German cruise ship Europa with 580 passengers on board ran aground on Sunday off the south-west coast of Greenland, the Danish news agency Ritzau reported. The captain of the 3,300-ton vessel reported that the passengers most of them West German, but also some Americans
        AFP  -  108 words
    • 727 18 AP A JAPANESE salvage team announced on Saturday that wreckage found in the East China Sea off southern Japan is that of the mammoth World War n battleship Yamato, sunk in 1945 on a desperate suicide mission that marked the virtual end of
      AP  -  727 words
    • 172 18 HONGKONG International Terminals (HIT) said the first phase of its 25.5 hectare container port extension project at Kwai Chung is well within schedule for operation by March 1987. Approximately 35 per cent of the contract works have been completed and construction of the new
      172 words
    • 102 18 A NUMBER of leading ports on the United States west coast have Joined forces in an effort to improve communications with the US Customs Service and facilitate cargo and passenger clearance services. Named the Western States Coalition for Effective US Customs Service, the group
      102 words
    • 709 18 AB Shpg V 5 A tea Lin* VI 3 APC Line V 4 APL 2/3 Antah Orient X 3 Arrow Lines X 5 Atlas Lines X 2 Anro Service IV 3/4 ANL 1 1 ASCL 1 Bait-Canada Line v» 4/5 Bait-Orient Line VI 4/5 Bank Line V
      709 words
    • 957 18 CHARTERING on the London shipping freights market on Friday was mainly concentrated in the grain, coal and time-charter sectors. From the US Gulf to Japan, Tradax booked 52,000 tons of grain with August 12-23 loading at US$lO, and from the US Gulf to Denmark a 14,700 ton cargo
      957 words
    • 447 18 Sapt 0-0 Port Day >85, the annual open day of the Port of Halifax, this year's theme is "Port of Halifax Canada's Ocean Gateway". The Halifax Sheraton Hotel will be the venue for all Port Day events. Details: EA Sadler, Port of Halifax, Suite 900, Cogswell Tower, Hallfax,
      447 words
    • 239 19 AP A GREEK-OWNED supertanker fully loaded with Iranian crude oil t narrowly escaped a missile attack by an Iranian helicopter in the central part of the Gulf waterway, shipping circles reported. t The attack on the 206,198-ton Stelios took place on Friday some 96 kilometres off
      AP  -  239 words
    • 572 19 Lloyd's List TAIWANESE container shipping giant Evergreen Line has cast doubts on a share flotation in spite of growing government pressure for the company to seek a listing on the Taipei Stock Exchange. A spokesman for the company said that Evergreen was "still reluctant"
      Lloyd's List  -  572 words
    • 282 19 AFP EMERGENCY steps to clear a backlog of ships waiting to be loaded or unloaded at Chinese ports are working, the New China News Agency (NCNA) reported. NCNA quoted a communications ministry official as saying that the number of ships
      AFP  -  282 words
    • 238 19 CargoNews Asia CONCERN by Asian shipowners and shippers over a possible merger between the ports of Los Angeles and Long Beach appear to be unfounded. The two ports, normally in competition with each other, joined forces last year to jointly
      CargoNews Asia  -  238 words
    • 190 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gull, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EABT/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (BTRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      190 words
    • 93 19 UNITED States Lines's will formally launch its weekly round-the-world service with the christening of its latest ship, American Illinois, on Aug 31 at the Port of Rotterdam. The 4,200 TEU ship will be visiting Rotterdam on Aug 30 on its first regular call to a northern European
      93 words
    • 4913 24 3®a3G)l!EB 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
      4,913 words
    • 696 25 -1 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Locotion S«xtum 05/479 06.8.85 2300 Harper F1 0930-1100 B6 Ratih 44S 07.8.85 0700 Jardine F7 0800-0900.1630-1800 F3 Ski Bhum 231N 07.8.85 0700 S'pore Shpg F1 1300-1400/1800-1900 K1
      696 words
    • 1681 25 Who acts for whom The leading shipping line* operating from local ports and their agents. A—• A Top Enterprise* ht Ltrf Some (S) Al Shipping Bousteod Shpg Agencies Afeo Um Afncon Shpg Agencies (S) Ahrankwl Liner Kim Shpg (S) Alfred C Toepter Oceonus Shipping Agencies (S) Sdn Bhd (PK). American
      1,681 words
    • 572 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES alongside 06.8.85/0400 Barber Priam K9 Barber Jenhoi K23 Thong Soon alongside 06.8.85/0200 Trisakti K27 Sharp alongside 06.8.85/1200 Frances Bay K19 Malay St 06.8.85/1100 08.8.85/0700 Johore Exp K30 Aru 06.8.85/1800 07.8.85/0600 Lindenbels K10 Str Tptn 06.8.85/0600 07.8.85/2300 Nat'nal
      572 words
    • 312 26 AFP VERY little activity was noted in the key Gulf states loading area over the past week on the tanker market, although traders noted that the number of large vessels immediately available in the region is at its lowest for some time, having dropped below thirty. It was
      AFP  -  312 words
  • Page 17 Advertisements
    • 905 17 XS> A hard look at what it will take to succeed in business tor the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. TIMES THE BOOKSHOP OkifntOVEIQEAS Ctdaum UNE liuhlA. AJtfKS. A MEMBER OF THE C.Y. TUNG GROUP 70 SfcMlM Nay NM>Mi<Ma T«t 221MU Mb m
      905 words
    • 69 17 mm A JAPANESE salvage team says that the wreckage found in the East China Sea is the mammoth World War II battleship Yamato. Page II TAIWANESE container shipping giant Evergreen Line has cast doubts on a share flotation in spite of growing government pressure. P«g« 111 Index to advertisers II
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    • 844 17 W. :ICT BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE ?2JJ2CZ^EES2S22ES233E23B Voy S* por« <« i■ i 12/1 UM MB U* 2» MB M/l M/l ltlS* IC-17/S nnn mm 2t»* JMi/a WH M* 1212/1
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  • Page 18 Advertisements
    • 381 18 USA/CANADA FMO.Y MX 19/9 aorr *a tut MIDDLE EAST *•3 IT I YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Pacific South Waat Pacific North Wool rssdsr at Tokyo riidw at Kobo Main, «jl LA/IB OM IM* 19. SAT VOI HA 9Mtor VSI SELMOH 7/9 19/9 WW* l>/9 11/* M/ 9 9 9 t
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    • 182 18 11 Supercarrier Service rn cnnnc NEXT ARRIVALS BASKR TOM U/t N SOCKS ICR l/l BMKR TAMPA fc/1 TO: CALIFORNIA PANAMA US ATLANTIC 08 GULF E. CANADA 21/1 */i 1/11 7/11 ii/M a/u x/ii a/i« CAMKAM Aruba. Caracao. Mptoim. Ptafcpstawt Port Span. »>**<*. fcapw. St UK Bass* Terrt Castnes. Fort 4c
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  • Page 19 Advertisements
    • 692 19 The Straits Steamship Group trrc-Sfi Mansfield Container Shipping Pte Ltd Overseas Containers Limited M ft CONTAINERSHIP S£RrflCE 10 UK CONTINf NT KU9BNK PEGASUS RODE rrai h Nrt/17 tal I}-14 tm BANGKOK BORNEO AGENQES LTD. BANGKOK TEL: *****80 ■WW SFR tCF RllM CONTINt COMA RSHIP straits stib straits ton KLMT lAJAH
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    • 586 19 Franco 80/ yum Services MIMHtR 'If A< M (iNSOR TlliW f«' f.K. TT marc v-Ail si Optorg Shipping Pte. Ltd &EL M A ("PR( 'If Po't I 1 M *00" P«t«l*r>g Java S«?S«3 P# -jng M 24' 'IMAS ARGENHNAS iARoENTINE NATIONAL LINE! m l***lal***l Van DM c. W It* SalM
      586 words

  • Page 20 Advertisements
    • 440 20 Vmm Hapag-Lloyd 10 CONTINENT. UK EXPORTS Hl*| Bluvw MM U 5/» 9/9 8/9 12/9 11/9 15/9 19/9 nn 27/9 21/9 31/9 5/1# C/lt 1/11 12/11 13/19 15/10 19/19 29/19 22/19 27/19 29/19 19/19 On carriace to Scandmaria, Med, Carribean ft S. America Wand hatiafe to Mand destinations in Europe I
      440 words
    • 282 20 1 JIGS. LINE FULLY CONTAINERI D SE R VICE TO (UROPf Vl* Sl*/ J u» <>* Comortur Ofmn no. «m HANS WORLD MOQ MN am com mo 3iw cwmn ms m«i 14/8 (12/1) 21/S (19/1) FUiLY CONT*INIRISID 10 FROM NORIH »MIRICA WTSI UJAM Sf*t*| Ml U CMMSwtli )a«C W S'pm*
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    • 497 20 Hai Sun Hup Co (Pte) Ltd TEL ??0490fi (?0 I in«'S) T1 X RS??W)t A RS?O»> lEH INTERMARITIME LTD M 221 SM Jakarta fefc (70M1 w IVI KI KM ls/f OH m a/i n 9 a/s et n n/i a n/i T* M/J M run nn om HM 1/11 CT
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    • 1013 20 o EVERGREEN Full Contdiner Server Round-The-World East Bound Service (FE/CARIB/USEC/EURO/Ft na aira no aum no auto na amis no sou** mi awe no una no an also teams cjmo to n novum im. i vKßuntinoncißciiißu mm MM UN w 7/1 IVI 14/1 11/ l IV* 21/1 8/1 11/ l 14/1
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  • Page 21 Advertisements
    • 754 21 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street 03-00 Singapore 0 106 Tel *****33 v\e EAST AFRICA/REDSEA SERVICES sessßsrsmmm ii /V..7 i;> v.ft.; Mv'MLalliaS KARACHI/M E. GULF SERVICES DUBAI AJIACHI 31-4/t 9-12/9 10-17/9 20-23/9 20-20/10 1-3/11 6-7/1 23-24/3 2-3/10 KOTA SEGAR KOTA PET AMI KOTA MULIA COLOMBO/CHITTAGONG/RANGOON SERVICES COLOMBO VOYAGE
      754 words
    • 756 21 HUM BtttKM-MNHMK STOW tragi Han SMSM bM M ALL VESSELS ACCEPT II>o: mmk.'.'.mm KkJJEBSEN LINE K. NEW Z F ALAND TO NEW ZEALAND, PAPUA NEW GUMEA AND SOUTH PAOFIC »omocw MT/Ogw worn a IS. |Hhc t In/i1 n/i 2* Hornby Anck Taw Naprtr law) Blwfl /I 3/9 1/1 12/1 14/1
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    • 454 21 DJAKARTA LLOYD INDONE SIAN NATIONAI I INf laUl*! 1 f iALLILfrJ LLL K*: Ui>J WEST BOUND •••ISTI?** 1 "Ocuh nan rm U MNTMK rraK HMO M» IW IU. WMM6/ l/l 4/9 7/9 U/t 12/9 11/1 29-21/1 11/9 24/9 27/9 21/1 1/11 17-19/9 27/19 17/19 21/19 STOK I BUM LONDON MBTIHMH
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    • 610 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Una) Looting far Rangoon Sport P.Kaianf P Htenaywa V2O3W LasMo V4I 12/14 Au| •fefa* ¥2 1 Phadiwetyaarywa V2S7W 16/11 Auc Pa-an Vt7 21/31 A* Lndhl For Antwerp, Hamtour|. Rotterdam US BANK LINE 15/17 A* SPORE R'DAM HULL HMBG TAMAITAI SAMOA 14 Aug
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  • Page 22 Advertisements
    • 945 22 r»ge »i -v M W K LINE KAWASAKI KISEN KAISHA, LTD.— /CHILE Nona wi vw nus ns ra kok guavaquicauao muca <W» ap abasia sjwow »aipa«mso CONCOHM SIM W«*2 JA* 4A# fh| I N ta| »hp 2 Oct Oct 7 Ort I Oct H Oct 13 Oct nu m sm
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    • 471 22 ■/It CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTNNER/REEFER/BULK SERVICE Lm*« tor LOS ANGELES. SAM FRANCISCO. SEATTLE TACOMA VANCOUVER IC Accaptmt Fa/Fa CoaUmn AUSTRALIA EXPRESS CONTAINER SERVICE Acc«c*m| Fa/Fa Corttmm RAMOAS VII 7/1 A«c 1/10 Aaf AAHROAS V 24 27/21 A#f 79/30 A-» RAVOAS V2B 17/18 Scp« RAMOAS Vl9 25/24 Sept 27/2t
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    • 340 22 SANKO ASIA FROM JAPANESE POUTS »M 0 HONOKCmC LO 1. TMSMTI 2. EDO MMU 3. OKU 4.NLDW I SUN LOTUS C. SUN BUM) 7 FWUZMU M *27/4 km 10/12 tac 12/14 All 13/15 Ami 14/18 N 11/2# ta| 23/25 ta| 7/1 ta| 13/14 km 15/14 ta| 14/17 km 17/11 ta|
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    • 318 22 t VNTROSEA IPTEI LTD ■la 10 finsi. W 1 716 Intern w Sm )H)-"V T e o BREAKBULK SERVICE TO EUROPE/UK Fpn P. Mm|Lm*| tar--7/t is/1 Mffi/Mi/u. mm ANO R.M.Z.I^ S port P Mtaai Ua*| far 11/ l 14/1 HmMCMK jtani iwwra P.T PERUSAHMN PEUYMMN KALIMANTAN DRECT WEEKLY SERVICE TO
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  • Page 23 Advertisements
    • 689 23 FAR EAST/EUROPt FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): of ACt Co accepting cargo to/trom Scandinavia C PAUL S'pore Closing Times: FCI Cargo 2359 6/8 ROM EUROPE (VIA SUEZ) Han* CHANCE 22E Sailed K CONTAMER 45L. Sailed CHEF ML Sailed JACEJH 29E 7/8 I CRYSTAL 30L 14/8 EXCATOfi 3SE. 21/8
      689 words
    • 424 23 r n CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE TO COLOMBO. ARABIAN GULF RED SEA E C INDIA I. Apu/4* ALSO ACCffTPS Fa CMGOO TO FtON KMACM. wpiiiNi AGINC* P;i Ui i ys4U ytppfp Ni fi KK P T H id >01 *N I SEAWARD JMIPPIN6
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    • 664 23 SINSOV SINGAPORE SOVET SHPPWG CO PRIVATE LTD SVGOV BULDMG 55, Market Strwt Sinfipore 0104 TaMmm rtmini *****3 Cable Address SMSOV SMGAPORE Tetei Numbers IB ***** IB ***** IB 2SIOS P KELANC PEMNG M/S SHMKAT NAM SOON SON. RMD IST AND 2ND FLOOR. IBM IM TMO NO 1 IALAN CCMPfIRNC PORT
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    • 13 23 JOO SHIPPING SDN. Agents: MERAH SDN. BHD. Kelang: *****6/7 tL. f1«37/91«» Pnuutg *****
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  • Page 24 Advertisements
    • 604 24 Iki'€|i»iial Hoiitsiiiicr I jii<s jiTTitwuiii-1 4 Sa,l,n^3 eek| v |ITOI Fast Re'table Regular Punctual Berthing P S A Mon, Tue Thur, Sat HINODE KISEN CO. LTD #V7>T*7f 3f fr-TT&nnn;TT[JT* INI VEB DEUTFRACHT/SEEREEDEREI ROSTQCfc FORTMGHTLY FULL CONTAINER SER TO EUWK lEM6 4/8S GLAKNNI 6/85 10 fa| 12 1* JS# »Sfa 21
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  • Page 24 Miscellaneous
    • 167 24 Regional Weather h SIGNIFICANT WEATHER AND SEA CONDfTIONS AT 7.30 A.M. THIS MORNING. LEGEND PT. Temperature V A\ f" orrn Weather Wind direction with speed in knots y Shower 2 Ram Wove height e Cloudy Sky Surface winds ore indicated by orrows which fly with the wind One lull circle
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  • Page 25 Advertisements
    • 70 25 K. LUMPUR POIAN6 P. GUDANG j. BAHARU Ml ■A! IXJ. *****8/*****8/*****8/*****3 *****1/4 TERMKAL 388; *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 FAR EAST/EUROPE CONTAINER SERVICE imaiZM rr TTM f.: i vmnmwn rnn cnrrrn Em In r TrirTii rrBiTTM£IMCJi£*mEZ]IMEJIIMEH g Til 1 Ml 1■ I 1 ■uumnucjED rrr'-»FtnifTTTirr^ror»>F»ir»i!aiE!lME^M X* a d STRAITS/TAIWAN/JAPAN CONTAINER SERVICE EZI
      70 words
    • 38 25 COLUMBUS I INF REEDERFI GMBH (XPRtSS S£MI CONIAINI R StRVICI 10 Hill I ROT Tf RDAM HAMBURG NEO SHIPPING AGENCIES PTE LTD Tel: *****1 ISA, Raking StrMt, Singapore 0104 Tatoc R8 ***** HE O SHIP GOOD HARVEST LINES
      38 words
    • 189 25 UQORNE IT SEAUOH MPPM6 PIC LID. ULB/VO«Se TEL 22t5ttl (I yirrnf am 7. 1 :T•: t :T: T ?i 1/1 w i: Lthmian Scan Dutch butm To Europe (Med/UK/NC Scan) 1) MARSOLLEB I 2) ROTTERDAM To Red Sea Mediterranean PENANG From Europe From Red Sea/Med. tt^rrn 11. j SINGAPORE VESSEL/VOY
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  • Page 26 Advertisements
    • 324 26 w AFRICAS 1 MilsriOSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER U-/ PIKEBANK NEDLLOYD MOJI ASTRA PEAK AFRICA MARU EARNEST VENTURE 9 Aug Mombasa. DaressaJaam, Tanga. Beira Tamatave 17 Aug Mombasa. Daressalaam 23 Aug Port Louis. Reunion 23 Sept Port Louis, Reunion 19 Aug P. Noire. Abidjan, Monrovia, Apapa. Douala. Tema ti. Hodetdah. Jaddah
      324 words