The Business Times, 7 August 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNEBDAY, AUGUST 7, IKS 60 CENTS
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  • 568 1  -  By AMY CHEOK THE EMPORIUM HOLDINGS group has chosen Brunei-based QAF Ltd to operate Jointly its supermarket chain. The move follows its recent cost-cutting exercise which resulted in the retrenchment of 500 staff, and is widely seen as an attempt to strengthen its
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  • 436 1  -  Some have stood up well to business downturn By FOO CHOY PENG A NUMBER OF COMPANIES are bucking the "wage restraint" trend by giving their workers pay increases in spite of the economic slowdown. The margins, however, are smaller than in previous years. Some companies
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  • 348 1  -  By LEE HAN SHIH EMPLOYEES OF Wang Computers have been given a 7 to 10 per cent pay rise. General manager Don Nixon told BT yesterday that the increase was the company's way of rewarding its staff for the 54per cent growth
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  • 172 1 SALARIES OF MINISTERS must also come down if those of top executives are cut because of the recession, says the First Deputy Prime Minister Goh Chok Tong. "If everybody has to suffer a pay cut because of the recession, surely we must
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  • Article, Illustration
    73 1 MALAYHAN COUNTEBB slsle the limelight yesterday ia the geaeroSy flsetaatedwltMtaMa ■arrow baad la mixed tmMai At the eieee, the Straits Tines lad as trial Index was dm %M petat at TOM while the BT Csmpsrfte Index was 1M lewer at MfJI. Em spMe of the > eat we
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  • 345 1 Bemama THE SINGAPORE government has agreed in principle to the introduction of a vehicular ferry service between the Republic and Malaysia. Singapore has chosen Changi Point as the landing site and Malaysia has chosen Tanjung Belungkor. The service is expected to
    Bemama  -  345 words
  • 466 1 DBS BANK, the first of the Big Four to release interim results, has its lower tax charge to thank for the single-digit fall in group net profits. The group reported a 9.8 per cent decline in net attributable profits to $48.14 million
    466 words
  • Page 1 Advertisements
    • 100 1 th:l O) w Machin ciTvcom iV>TEmi,>T C ito i O A«L The Sanyo SFT 852E Copier makes sure of clearer copies and trouble-free operation because of these advanced features: Microcomputer self-diagnostic system informs you of copier malfunction A unique Shuttle* System to eliminate messy paper jams Voice synthesizer gives verbal
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    • 323 1 What you could miss BUSINESS TIMES will be published on National Day, August 9, and Saturday, August 10. You cannot be without BT on these two days. Make sure you get your copy. If your vendor cannot help, ring Betty Tan on *****11 ext 5209. (ram SNARE INFORMATION 1 MONEY
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    • 0 1 .|<}{[[!([>$<&:`'^?@.|%%<)=?/*&
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    • 145 1 Savings Accounts Current Accounts Term Deposits Personal Loans VO ik FOUR SEAS COMMJV :A lo%s LTD Trade passage to India RAJIV GANDHI s more liberal economic policies and desire to attract more foreign interest in trade are encouraging Singapore investors to match India's vast, cheap labour with the Republic's advanced
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  • HOME NEWS
    • 432 2  -  By SHAHRIR ARIFF THE TRADE Development Board (TDB) will be setting up an office in Bombay, India, by the end of this year. Speaking at the conference on opportunities for doing business in India at Hotel Meridien yesterday, Mr Leong Chee Whye,
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    • 176 2 THE ARCHIVES and Oral History Department will be staging a pictorial exhibition on "Five-Foot-Way Traders" at the department's exhibition hall at 140 Hill Street, Hill Street Building. The exhibition will feature trades of yesteryear which have disappeared from our scene and trades which have managed
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    • 304 2 LOTTERY and horse racing enthusiasts have helped to push up the prices of two Chinese evening newspapers, especially during the weekends. Complaints have been lodged with the Consumers Association of Singapore (Case) that news vendors, especially those selling by the roadside,
      304 words
    • 547 2  -  By JEFFREY TSANG THE HOUSING and Develop ment Board is putting up 1,727 HUDC apartments and maisonettes (or sale on Aug 19 and will release another 700 before the end of the year. This latest batch of middleincome public housing will more than
      547 words
    • 318 2 BUDGETS FOR PROMOTING productivity in companies may be threatened by the recession, but presenters at yesterday's 3Ps programme (Productivity Promotion through Participation) agreed that the economic slowdown would lead to more participation and a better understanding of the aims of the productivity movement. Mr Tan Chek Min,
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    • 117 2 THE ROLLING PIN bakery and supermarket, which closed last week, was not bought by Mr and Mrs Heiner from Mr Peter Tlerney, as reported in BT yesterday. The Heiners merely bought bakery equipment from Mr Tierney. When Mr Tierney's lease expired in 1963, the Heiners started
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  • Page 2 Advertisements
    • 317 2 Trad* pwtagt to India, Page W I JHb Br a ..r > r. :>tn F WBl r =?j sr This fax remembers 30 pages. So you can fbget about them. Executive LCD 20-key The Toshiba Copix 6350 facsimile has a 30-page memory (256 K byte) which means no-worry-faxing. Just imagine,
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  • OVERSEAS
    • 359 3 AP AFP INDONESIA WANTS to open shipping and banking offices in Shanghai under an agreement that restored direct trade with China after an 18-year freeze. Sukamdani Gitosardjono, chairman of the Indonesian Chamber of Commerce and Industry, estimated that the volume of direct
      AP; AFP  -  359 words
    • 301 3 AFP SOME 20 YEARS after Mao Zedong sent city intellectuals to the country to "learn from the masses," Deng Xiaoping's reformers are again sending intellectuals on the farms to teach. In an attempt to improve education at the grassroots level, 3,250
      AFP  -  301 words
    • 210 3 AFP THAILAND, LAOS and Vietnam have reaffirmed their commitment to joint water resource development projects along the Mekong River. The Lao news agency KPL, in a dispatch monitored in Bangkok on Monday, said the commitment was voiced in Vientiane on Saturday at the close of
      AFP  -  210 words
    • 118 3 FT AUSTRALIA'S continuing reliance on commoditybased exports showed up graphically in figures published by the Australian Bureau of Statistics. Total Australian exports for the year to June 30, 1965 were 23.6 per cent higher than the previous year, at A 530.6 billion with five big commodity
      FT  -  118 words
    • WORLD IN BRIEF
      • 77 3 THE TOTAL NUMBER of workers laid off in the Philippines in the first half of 1985 was still high but dropped by 28 per cent from the figure for the same period last year. Labour Minister Bias Ople told a national assembly budget committee hearing on
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      • 54 3 ONE OF AMERICA'S biggest computer companies, Apple, has announced it was suspending sales in South Africa in protest against the Pretoria government's apartheid racial segregation policies. A company spokesman said deliveries to its South African distributor, Base Two, would cease on Oct 31. Apple has no direct
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      • 76 3 PERU'S new government, facing its first strikes since taking office barely a week ago, has said it will call on the army to replace bus drivers who walked off their jobs. The 15,000 drivers who operate privately-owned buses began a 48-hour strike on Monday to protest
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      • 78 3 AVIATION experts from around the world on Monday began month-long meetings aimed at better protecting international air travellers from sabotage and terrorism. The meeting, held behind closed doors at the headquarters of the International Civil Aviation Organisation in Montreal, elected Andre Auer of Switzerland as head of
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      • 81 3 THE LADY with London's most prized address, 10 Downing Street, has signed up to buy a new home. Prime Minister Margaret Thatcher has agreed to buy a house in an exclusive new estate in the fashionable southern suburb of Dulwich. Developers Barratt Homes refused to give the
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      • 72 3 Agencies A NEW YORK publishing house has paid more than US$2 million for a book by David Stockman, whose resignation as President Ronald Reagan's controversial budget director took effect last week. A vice-president of Harper and Row said the book by the 38-year-old Mr Stockman, who
        Agencies  -  72 words
    • 416 3 Thousands gather to commemorate the day when The Bomb fell Reuter WITH PASSIONATE speeches, a tolling bell and a symbolic "diein", Hiroshima yesterday commemorated the 40th anniversary of the bomb that flattened the city and pushed the world into the nuclear arms race. Japanese Prime Minister Yasuhiro Nakasone
      Reuter  -  416 words
    • 241 3 AP FORTY YEARS AFTER the atom bomb fell on Hiroshima, the majority of Americans and Japanese regard relations between the countries as friendly, with old hostilities fading, according to a poll. War memories still raise strong emotions on both sides, however, with 44 per cent of Japanese
      AP  -  241 words
    • 258 3 AP MORE THAN 3.8 MILLION Chinese soldiers and 18 million civilians were killed or injured in the 1937-45 war against the Japanese. A military historian, Song Shilun, the president of the Academy of Military Sciences in Beijing, said on Monday that property
      AP  -  258 words
    • 447 4 Washington not proposing any new initiative Reuter PRESIDENT REAGAN has said the US would be willing to join the Soviet Union in permanently banning nuclear testing but only after Washington could match Moscow militarily. White House national security spokesman Edward Djerejian said after
      Reuter  -  447 words
    • 150 4 Reuter A SECRET US ARMY report has concluded that a US$4.5 billion anti-aircraft system under development is no more capable of defending against Soviet air attack than the weapons it would replace. Congressional sources said the report gave poor marks to the Sergeant York
      Reuter  -  150 words
    • 165 4 NYT THE SOVIET UNION has agreed to open two of its nuclear reactors to international inspection later this month. Diplomats said this will be the first time the Soviet Union has ever allowed impartial outside inspection of any of its nuclear installations. It
      NYT  -  165 words
    • 264 4 AP AMERICAN TREASURY Secretary James Baker said that only very small sums go to commu-nist-ruled countries from the World Bank and the International Monetary Fund, organisations where the US government holds the biggest blocks of votes. His statement, made in a
      AP  -  264 words
    • 416 4 AP US TREASURY SECRETARY James Baker has attacked what he described as ill-conceived solutions to America's trading problems, saying that a plan offered by some Democrats in Congress would have adverse effects on the country. In a speech prepared for delivery to the
      AP  -  416 words
    • 129 4 NYT WASHINGTON HAS AGREED to recommend that President Reagan impose quotas on the import of shoes to alleviate hardship in the industry, but may exclude athletic shoes and low-priced footwear. An administration official said on Monday that barring a last-minute conflict,
      NYT  -  129 words
    • 181 4 AP BRITAIN AND IRELAND will establish a Joint council of 1 ministers and a Joint security J commission under an agreement i to give the Irish government a consultative role in the affairs of j British-ruled Northern Ireland. 1 The British Broadcasting I Corporation's television
      AP  -  181 words
    • 235 4 UPI INFLATION in Argentina dropped to 6.2 per cent in July, a dramatic decline from June's 30.5 per cent and the lowest monthly rate to date for the 20month government of President Raul Alfonsin. The National Institute of Statistics in Buenos Aires
      UPI  -  235 words
    • 750 4 ARRIVALS Operator Sarrki Locol time From PAA PA2I 0020 LAX/TYO/HKG S1A SQ4I 0605 MAA CAL MAS KAL MAS MAS MAS CIO 10 MH68I KE624 MH603 MH81I MH67I 0615 0820 0640 0905 0940 0950 JED/DHA KUL KUL KUL PEN KUL StA RBA CPA GiA StA SAS SQI03 BM21
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  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 203 4 übertu* ©rfll The true spirit of Belgium returns to the Hubertus Grill when Chef Pierrot of "Chez Pierrot ou Surcouf' once again stages the Belgian Food Festival. You can feast at the Businessman's Luncheon and Dinner during the festival between 2nd and 17th August. Come and try the most popular
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    • 13 4 I a Pan Am Clipper Class. For The Price Of An Economy Ticket
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  • Page 4 Miscellaneous
    • 73 4 Doonesbury BY GARRY TRUDEAU WEN THE CALL CAME WGEOR6E BUSH THAT FATEFUL SATUfitW, HE WAS AT HIS FAMiX COMPOUND it,a :I» Zw. 'II /■<*.*/; was with the vkb president. uo wland, maine is one rmjj OFMR.BUSHSSPKTUAL WHY' HOMES. WHEN HE WANTS V RETURN TO t*SROOIS,\£*r OFTEN teILCOMEH&£ THATSWHYWEXEHOPINGTHEttSI [BUS OFKEtHEeUNKPOKTU/lU.
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  • BANKING AND FINANCE
    • 697 5 SINGAPORE THE US dollar yesterday extended its earlier marginal gains against most major currencies in thin late trading. The dollar rose to a late 2.8325/35 marks from an early 2.8270/80 and New York's 2.8220/35 close. It firmed to a late 2.3310/30 Swiss francs from an early 2.3240/50 and
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    • 185 5 Interbank rates at 3pm yesterday: •M OMor e* reao parity chang* Local dollar* to on unit of foraig* US dolor Sterling pound Austrofcon dolor NZ dolor Canodkm dolor 2.1925 3.0015 1.5610 1.1642 1.6198 2.1935 3.0050 1.5639 1.1669 1.6218 2.8196 7 3469 3.4286 3 4286 3.4206 -22.24 -59.15 -54
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    • 38 5 THE OVERNIGHT rate on the Singapore interbank money market remained unchanged from Monday to close at 4Vs per cent yesterday. The one-month term rate rose by 1/16 point while the two- and threemonth rates remained unchaged.
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    • Article, Illustration
      324 5 Asian market ASIAN DOLLAR deposit 1 rates yesterday closed i steady at opening levels in quiet afternoon trading, de- < alers said. 1 Most operators were sidelined as they awaited the outcome of the US Treasury's quarterly refunding, starting with the auction of US$B.5 billion of j three-year notes yesterday,
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    • 321 5 Reuter SIMEX EaraMlar futures opened firmer on light po-sition-building ahead of the US$B.5 billion US Treasury auction yesterday, which was expected to receive good demand from the banking sector, dealers said. September opened at 91.67, above the previous Simex settlement of 91.60 and Chicago's close of 91.64. December opened
      Reuter  -  321 words
    • 227 5 HONGKONG: GOLD yesterday closed lower at U*****.60/322.00 an ounce against an initial $323.30/80 and New York's close of $322.40/90. On the local market, gold ended HK$B below Monday's close at $2,966 a tael. The Krugerrand price was HK$5 off at HKJ2.550, equivalent to U*****.50. TOKYO: Futures closed seven to
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    • 263 5 Reuter THE NEW TAIWAN (NT) dollar is falling sharply as the government and the private sector are split over whether economic stability or export health should take priority in monetary policy, officials and businessmen say. The NT dollar, which has remained firm against the US
      Reuter  -  263 words
    • 150 5 Reuter BANKAMERICA, the sec-ond-largest bank in the US, has cut its common stock dividend for the third quarter to 20 US cents per share from 38 cents, the first such cut since the Great Depression. Two weeks ago, Bank America reported a sec-ond-quarter loss of $338
      Reuter  -  150 words
    • 418 5  -  By SOH TIANG KENG Financial Corraapondant SINGAPORE International Merchant Bankers (SIMBL) is among the top 15 lead managers for loans to Asia-Pacific borrowers, according to latest rankings by Euromoney, a London financial magazine. SIMBL is ranked 12th in the Euromoney list which based its
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    • 323 5 Reuter SPURRED BY A continuing decline in interest rates, Hongkong's market for fixed-rate certificates of deposit has grown rapidly this year, exceeding market expectations. Bankers said investors, many of them banks, are eager to lock in fixed income as interest rates fall and
      Reuter  -  323 words
    • 112 5 HILL SAMUEL k Co yesterday said it had received permission from Bank of Thailand to open a representative office in Bangkok. The office, which will start business on Sep 16, will be under the direction of Mr David Tjioe. Mr Tjioe is a Thai national
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    • 246 5 Reuter US BANKERS, while not under-es-timating new Peruvian President Alan Garcia's tough stance on debt repayments, said they are reasonably confident that they can work with Lima without having to adopt a radically different approach to debt rescheduling. The bankers acknowledged that
      Reuter  -  246 words
  • Page 5 Advertisements
    • 115 5 ANN A Once a year, we give you an opportunity to purchase everything at our main store at attractive reduced prices. So from August 1-17 this year, these are the bargains you can get. Shirts. Givenchy, Lanvin, Cassandre, Papillon, Horn and Jean Philippe shirts are cheaper by 30 to 60%.
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    • 177 5 li .v.vAw»woceoft i... cpHC DOWNUNDER HOTEL PASS Save up to 401 on room rates on your Southern Pacific trip... Southern Pacific Hotel Corporation's Downunder Hotel Rass offers more than just dollar savings. It gives you: A choice of 60 first class hotels through- out Australia, New Zealand and Fiji. Luxurious
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  • TRAINING & DEVELOPMENT
    • 413 6  -  Employers still prefer to hire male business graduates By CHUANG PECK MING FEMALES STILL outnumber males in the accountancy and business administration faculty at the National University of Singapore in spite of the preference by employers for male business graduates. The male to female ratio in
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    • 393 6 TERCO AB, a Swedish company, expects 30 per cent of its worldwide turnover to be from the Far East. The company, which set up a subsidiary in Singapore this year, sells equipment and training services to its customers to operate the hardware. Terco Far
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    • 107 6 i SPERRY, a US-based computer manufacturer, is holding seminars over the next two weeks for 500 businessmen at its Cecil Street office to promote its personal computer. The Sperry PC, which was launched last week, is designed to double as a telex machine and a videotex
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    • 658 6 Seminars and courses DURATION Aug 5-29 Aug 5-6 Aug 5-30 Aug 12 Aug 12 Aug 12-13 Aug 12-13 Aug 12-14 Aug 12-16 Aug 12-16 Aug 12-17 Aug 12-23 Aug 12 Sep 2 Aug 13 Sep 24 Aug 13 Sep 24 Aug 14 Aug 14-15 Aug 14-16 Aug 15
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  • Page 6 Advertisements
    • 370 6 f, 4 K v Tan Am has redesigned the Clipper Class cabins on every 747- 100's we fly to make sure it's the business class to beat. Enjoy the experience next time you fly one of our 747- 100's to Hongkong, Honolulu or Los Angeles. Buy a full Economy Class
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    • 176 6 HOTEL The Excellence of International Standards, The Charms of Traditional Service. II traditional service and complete facilities make a difference to you, then stay at the Dai ichi Hotel (Singapore). Travellers and guests will discover restful comfort in our 420 luxuriously furnished guestrooms which command a panoramic view of Singapore's
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  • Page 7 Advertisements
    • 353 7 Computers and Communications 0 m 1 The Sweeter i Sixteen 1 i Japan's most popular 16-bit computer runs both MS-DOS and UNIX NEC's Advanced Personal Computer 111 offers the best of two great worlds: MS-DOS for wordprocessing, filing, spreadsheets and other business applications. Plus PC-UX, an enhanced version of UNIX
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  • FEATURES
    • 480 8 GRADUATES SEEKING JOBS with the Civil Service heard both good news and bad news this week. Most already knew the good news. Starting salaries in the Civil Service were markedly higher than those offered by private companies. The bad news was only slightly more surprising. First, graduates
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    • 1455 8  -  The Indian government's more liberal economic policies are a boost for Singapore investors who want to put up labour-intensive industries in India which has skilled, cheap labour, and a government prepared to welcome renewed foreign interest in business opportunities in the subcontinent, reports SHAHRIR ARIFF. SHAHRIR
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    • 221 8 letter to the Editor Dear Sir, "Tough times never last, but tough people do". With apology to the inspirational Robert H Schuller, I say "Tough people never last, but tough times do". Because, how tough can you continue to be? You can only be
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  • Page 8 Advertisements
    • 149 8 There's only one complete business computer in Singapo -the SPERRY PC Sperry has brought together all the major functions of the PC and co-ordinated them from one source. It includes PC's as terminals connected to UNIX v as a Sperrylink deskstation, Videotex, Personal mapper, Telex, Voice Information Processing and local
      149 words
    • 76 8 DUCATI AUTO GATE DEVICE WITH ADVANCED TECHNOLOGY USED IN AVIATION INDUSTRY New Improved Model Secure Locks firmly without electrical lock Convenient Maintenance tree (Durable Robust and reliable Compatible Suitable tor all existing or new sliding ar swmg pal Guarantee 2 yean for motors m ft Sl* m r a Net
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  • Page 8 Miscellaneous
    • 682 8 friStoW :ftankDicte&s sue PTTrr\e....THc fteTV OF KUUJWHOHC POUfMJ-V per mc i UJ^VeD PiTv4£R. pnd sue ujp^eo fcRGK 1 11 Ife SvC POUFN-LV lop»V£D pfT SHe locked up fvr THE. UDiisIDOO P>ND U3Pi\rf£D HeR HRHD pa one,.. moj moftL r»me^ .tea UP' V > \s r iLs<n CRYPTIC PUZZLE ACROSS 1
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  • SPORTS
    • 566 9  -  Alex Tay driving himself hard to reach pinnacle of local squash By ANNA TEO ALEX TAY spent nearly three months In New Zealand's North Island recently his second visit but the wilds, sights and sounds of the country are probably still remote to him. This is to
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    • 340 9 Reuter AUSTRALIA'S hopes of salvaging a draw in the fourth cricket Test against England yesterday rested heavily on the shoulders of skipper Allan Border. Border, criticised for the rash shot which led to his dismissal in the first innings, batted with great restraint on Monday
      Reuter  -  340 words
    • 325 9 COMING into the second half of the Admiral's Cup competition in Cowes, England, Singapore in sixth spot after three races is holding its own in the battle against the elements. News of how the Republic's Highland Fling, Pocket Battleship and Marionette fared in yesterday's inshore
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    • 150 9 AP WITH US baseball players having been advised by their union to book flights home, negotiators for baseball owners and players say they are pessimistic that a planned strike could be averted. The deadline, set by the players, was the start of yesterday night's
      AP  -  150 words
    • 215 9 Reuter SOCRATES, Brazil's 1982 World Cup captain, is set to leave Italian side Fiorentina and return home to join Ponte Preta for nearly US$2 miUion, the Sao Paulo state club's president said on Monday. Vachiano expected Fiorentina to reply by telex to an offer by a
      Reuter  -  215 words
    • 164 9 UPI WALL STREET Stable's US$l9 million pacing colt Nihilator will use the two-heat, U*****,400 Adios pace at the Meadows on Saturday to train for an attempt to break his sire's world record for the mile pace later this month. The Meadows confirmed
      UPI  -  164 words
    • 297 9 Reuter ANNEMARIE VERSTAPPEN, a Dutch receptionist, and Britain's Adrian Moorhouse were strong favourites to give less prominent swimming nations gold medals as the European swimming championships got into full swing in Sofia yesterday. Verstappen won three medals at the Los Angeles Olympics last
      Reuter  -  297 words
    • 417 9 Reuter JUBILANT West Germans have greeted another masterly performance from teenage tennis sensation Boris Becker in knocking the US out of the Davis Cup at the weekend. The normally staid Welt newspaper heralded the win under a banner headline reading "Boris superstar". The masscirculation Bild"s front-page
      Reuter  -  417 words
  • Page 9 Miscellaneous
    • 1205 9 mum mm CIVILISATION Tha Haro As An Artist 8.00 pm, Channel 12 The works of three great artists Michelangelo, Raphael, Leonardo Da Vinci are featured in this episode which centres on Papal Rome in the early 1500s. Sir Kenneth Clark takes viewers through the gardens and courtyards of the Vatican
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    • 44 9 Play gol£ the Sevvy way 2 3d m an i. Wi m FOR THE DRNE THE ©P4JL SHOULD BE OPPOSITE THE LEFT HEEL- FOR mO TO LONG IRONS A BIT LEFT OF CENTRE. SHORT \RONS BETWEEN CENTRE AND 3UST RIGHT OF CENTRE. EMTWTC6C6 INC.
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  • INTERNATIONAL STOCKS
    • 258 10 Reuter REUTERS HOLDINGS PLC expects to record excellent growth in the second half of this year, managing director Glen Renfrew said. He declined to be more specific and cited the vagaries of the foreign exchange market as one reason for his reticence. Last
      Reuter  -  258 words
    • 151 10 Reuter FINANCIER Carl Icahn's offer to buy Trans World Airlines for US$24 per share raises the possibility of a bidding war for the airline, industry analysts said. TWA escaped Mr Icahn's grasp when it agreed in June to merge with Texas Air
      Reuter  -  151 words
    • 352 10 Reuter SHARE PRICES drifted lower on Wall Street in lacklustre trading on Monday amid signs that investors were edgy about a multibillion-dollar Treasury issue expected later this week. The Dow Jones Industrial Average dropped by 6.16 to 1346.89 while the volume on the New
      Reuter  -  352 words
    • 140 10 Reuter A PUBLIC interest group has filed a petition with the Federal Communications Commission (FCC) opposing Australian publisher Rupert Murdoch's request to the FCC to keep two newspapers when he buys Metromedia. Mr Murdoch had asked the FCC to waive its rules against
      Reuter  -  140 words
    • 192 10 AUG 05 UNMC 485 unch INDUSTRIALS Woohvortti 1550 inch 830 -25 46S 2600 -50 165 ***** unch 780 1075 -75 470 4-5 BuHata 6000 250 2650 5008 1045 -2 Cora Gold 1275S 2400 -100 Cora Mirch 980 unch CNA 2208 .5 D* B««rt 1010 -5 390 4025 -200 *****
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    • 667 10 AUG 05 US$ Aicon Aluwi 27* H Alcoo 34* Alaghany Lud 23* Aftad Own Cp 44* AIM Storm 56* Afc-Chofcnars 4* Am Brands tnc 63* -1 Am Broadcast 114 Am Can Co 57* Am Cyanarred 54* AniEbcM 22* -1 Am Exprtu 44* Am Horn* Prod 60* Am Motors
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    • 639 10 Amsterdam AUG 05 FW ABN 500 00 -4 100 00 -0.7 Ahold 238 50 -I S Akxo 124 60 -0 2 AMEV 267 50 +1 Amro Bank 87 00 uidi Barfcat 45 40 +0.4 Bob 100 10 0.6 405 00 4-25 Botkafe Bur Tat ***** +5 5 Cetand
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    • 160 10 Reuter BEATRICE Cos Inc's expulsion of its chairman could render it vulnerable to a takeover by a suitor that might liquidate the company's operating units for a profit or retain the entire firm for its cash flow, analysts said. The stock of the giant
      Reuter  -  160 words
  • Page 10 Advertisements
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    • 117 10 > Feng Cheng L6u Teochew V Restaurant for the best Teochew delicacies in town. t 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 3.00 pm
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  • ASIAN STOCKS
    • 308 11 HONGKONG: THE HANG SENG Index rose by 29.03 points yesterday to 1700.93, ending above the psychologically important 1700 mark for the first time since August 1961. Institutional buying in Hongkong emerged in the late morning and continued to gain momentum in the afternoon on renewed speculation that Jardine Matheson
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    • 232 11 AUG 06 Al Sincara Mw Alia Camant Cathay Com MT 2.16 20 50 22.70 45 50 14.70 J 9.00 13.80 17 00 +004 +0.1 -0.4 Kuochan Dav Lian Hwo Inchjs Nan Ya Pto» Pacific Con» Pacific Elact Wira Packing Papar 1230 920 22 10 14.00 12.20 077 11 55
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    • 321 11 TOKYO: Stock prices ended marginally lower yesterday in the absence of fresh factors, with the turnover still very low for the third successive day. The market average fell by 13.34 to *****.28, the fourth drop in a row. The trad- ing volume was 230 million shares against 180 million
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    • 88 11 MANILA: Prices yesterday closed mixed in dull trading. The Commercial and Industrial Index improved by 1.90 to 135.03. The Mining Index dipped 0.19 to 674.35. Oils were unchanged at 0.726. AUG 06 Nm Morat*«l Oriantal B 0012 0 13 -0001 0001 inch 0 0046 -0 0002 PLOT 38 unch
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    • 384 11 SYDNEY: Australian share markets closed easier on profit-taking yesterday in the resource sector and lack of interest by offshore institutions in Australian industrial stocks. Heavy selling in London and New York overnight set the tone for the day's trading, with gold stocks falling quickly as off- shore interest subsided.
      384 words
    • 70 11 AUG 06 Bar* SmuI Won 675 Hyuidai Con»t Hyundai Motor KAL 905 M6 460 -3 -24 -12 Chohoung Bk 649 unch Karoo Fr»» 740 unch -10 •1 442 ■f 2 YiAono »l 460 ■9 Lucky Ltd 639 -11 655 -14 695 15 475 Bit -7 Gold Star 610 ■6
      70 words
    • 140 11 BANGKOK: Share prices closed lower yesterday in slow trading. The Book Club Index shed 0.13 to 142.36 as declines led advances by a four-to-three margin. Turnover rose to 235,954 shares worth 34.28 million baht from 217,897 shares worth 31.0 million on Monday. AUG 0* Sam Camant 633 inch Sam
      140 words
    • 61 11 Reuter TAIWAN will spend Ts6 billion in the next 14 years on its ports and container fleet. The Communications Ministry said a $50-million container terminal will be built in Keelung and the ports of Kaohsiung and Taichung will be expanded. New ports, costing $250 million, will
      Reuter  -  61 words
    • 198 11 AP JAPAN'S largest brake manufacturer, Akebono Brake Industry Co, will establish a Joint venture with General Motors Corp of the US for the development and production of brakes in the US. An Akebono official said the new company, to be formally
      AP  -  198 words
    • 173 11 AP RAJ LUMENTA, the president of Indonesian state-owned airline Garuda, has predicted that the airline will make a profit this year for the first time in many years, the newspaper Sinar Harapan reported. But as the company has to service its large debts, it may
      AP  -  173 words
    • 110 11 AFP MAJOR JAPANESE steel makers are stepping up business diversification efforts to tide over the likely stagnation in their traditional business in the future, industry sources said. Nippon Steel Corp, Nippon Kokan KK (NKK) and Kawasaki Steel Corp, plan to start production of materials for semiconductors
      AFP  -  110 words
    • 250 11 AP ISUZU TRUCK of America Inc, a subsidiary of Japan's major truck maker, Isuzu Motors, will build its first US plant in Russellville, Kentucky, a company spokesman said. The plant will assemble chassis, the part of the vehicle excluding the body and engine,
      AP  -  250 words
  • Page 11 Advertisements
    • 504 11 it M Si Wftere to wim. ilae mi ajgajj ■r Harbour Grill Sri w f Nightly to an ambience of quiet elegance, our chefs tempt and surprise with the ultimate gourmet adventure. Cuisine en Evolution. The Harbour Grill. The experience is Distinctively Hilton in Style. MKION INTtRNATIONAb For a Fteranakan
      504 words
    • 113 11 Savoury Delights Await Yoq At r r I Hong Kong Didk Xia M for reservations ccdl ma.>-tx 235 2698 or 734 6622 ft §®Ai3S binch. 11am—3pm orchard road Dinner. 6pm-lipa Ample Free Parking 19 Cwnha Qrde and Vaiet Service amw 0922 -M 734 6622 OntsMe CBI I tt jTf m
      113 words

  • RAW MATERIALS
    • 506 12 Reuter AFP CHINESE IMPORTS of copper products, iron ore and iron and steel products will fall in the second half of this year from the first half but underlying demand is strong over the long term. Traders said customs figures show imports of copper
      Reuter; AFP  -  506 words
    • 100 12 Reuter THE AMOUNT OF RAINFALL on the island of Hainan, off the south coast of China, since the end of June has been one of the lowest on record and reservoir levels are 500 million cubic metres lower than a year ago. The People's
      Reuter  -  100 words
    • 279 12 Reuter THAI RAW SUGAR exports increased 19.3 per cent to 627,639 tonnes in the first half of 1965, but earnings rose only 10.2 per cent from the same period last year to 2.7 billion baht. The Private Board of Trade said in its
      Reuter  -  279 words
    • 181 12 Reuter THE WORLD'S commodities producers, suffering from falling market prices, received more bad news when two London forecasters said the downward trend looks set to continue as supply continues to outpace demand. One forecaster, EDF Man International, said: "Declining primary commodity prices have become
      Reuter  -  181 words
    • 1156 12 COFFEE ROBUSTA coffee futures yesterday pared early losses ranging to £7 by midmorning as sterling fell against the dollar, dealers said. The market had seen falls of £10 to £15 following New York's weaker tone, but it rallied slightly as sterling slipped to below US$l.36. There was no
      1,156 words
    • 230 12 SINGAPORE THE MARKET yesterday closed slightly higher with August One RSS buyers quoted at 173.00 cents per kilo, up 0.50 cents from Monday. The morning session gained 0.75 cents due to some covering of August position in quiet trading. Prices eased fractionally in quiet afternoon trading due to some
      230 words
    • 295 12 m S canttAg, FOB kalnt MOON aosc Int 1 RSS Prompt 173.00 I74.00N ***** 174.00N Int 1 RSS Aug 85 173 25 I73 50N 173.00 173 50N Int 1 RSS S*pt 85 171 50 172.00 171.50 172.00 Int 2 RSS 164.75 165 75N 164.25 165.25N UK/Coot 163
      295 words
    • 94 12 (c*ntt/kg, 1-ton «>•••**> AUG 85 SEPT 85 (currant month) (forward month) NOON NOON RAS BvyofS ScMsre S#Nsn SSR 20 142.00 144 00N 143 00 145.00N SSR 50 140 00 142.00N 141.00 143.00N MRELB l«r«* r ii JtMO lvy#rf ScMwt SMR CV 197 50 199.50N 198.50 200 50N
      94 words
    • 112 12 THE KUALA LUMPUR Tin Market (KLTM) price yesterday dropped nnether seven cents to M$Jt.T7 per klle despite steady Leaden elooe, dealers said. The IT A lewer range is between 21.15 and 32.M. Activity was oniet as the small KLTM's dlscennt against the LME high grade (ailed to attract
      112 words
    • 159 12 Yarn (In HK) per koto of 400 lb) China corded yom, < 'ones Blue Phoenix 16'* 2,550 BkM Phoenix 2C» 2,600 BkM Phoenix 32'* 3,000 BkM Phoenix 4Cs 3,400 Carded yarn, honk BkM Phoenix 21'* 2,BOO Combed yom, cones BkM Phoenix 32'* 4,200 BkM Phoenix 4C* 4,400 Open-end yarn
      159 words
    • 138 12 LATE COVERING in anticipation of Pakistan's weekly tender today saw the Malaysian crude palm oil market close higher in moderate trading. Trading was dull during the morning as most operators were sidelined awaiting fresh factors, dealers said. The refined palm oil market was also quoted higher, with some
      138 words
    • 175 12 WHEAT FUTURES on Monday rebounded at the close from the new contract lows established in all months through May on the Chicago Board of Trade. Prices settled IV* to V* US cent a bushel lower, with December ending near the top of a six US cent range. Nearby September
      175 words
    • 169 12 SOYBEAN FUTURES on Monday rebounded from new contract lows In September through July to range from two US cents a bushel lower to unchanged at the close. November ended near the top of a 7Vi cent range. A late round of shortcovering brought prices back from the lows, but
      169 words
    • 139 12 Chineee Product Exchange (SaMan* mot dmm% pnem w Amf CSV 100 k«) Coconut oil Buk FOB «0000 OW dram FOB JJ3.00 N«w drum FOB 117 00 Copro Miwd Ooom) 53 buyer» Pepper Muntok Whit* FOB MW 945.00 Sarawak Whir# FOB toq MW 935.00 S snyrs w ***** Sarawak
      139 words
    • 271 12 Singapore (S$/Ue, m* Uiw) Frogront n«w crop 1st 080 2nd o.se 3rd 0.56 N«w Crop no stock 25% 10% no stock Thai Broken A-vjper 0.54 Special 0.52 Thoi Rico 55% no stock Chino Rico 10% 0.86 15% no stock 25% no stock 35% no stock Thoi Boilod Rico 5%
      271 words
  • Page 12 Advertisements
    • 322 12 too much work? not enough staff? Maintaining a lean staffing situation is vital for healthy profits in today's tough economic climate! That's when SKILLTEK can assist! With Our Experienced Temps, you'll be able to supplement your permanent staff to achieve cost control and full productivity. Professional, Technical and Office Staff.
      322 words
    • 266 12 NOTICES TIE COMPANIES ACT, CAP IH TEAM RESOURCES PTK LTD (IN MEMBBHP VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting. of TEAM RESOURCEB PTE LTD duly convened and held at 36 Robinjon Road, #05-01/02 City House, Singapore 0106 on 31 July 1905, the following resolutions were
      266 words

  • SHARE INFORMATION
    • 4184 13 BUYING ORDERS for a handful of Malaysian stocks failed to lift stock market spirits in Singapore yesterday. Blue chips and Singapore stocks did not respond to the renewed interest in selected stocks from across the Causeway and the market closed mixed, reflected
      4,184 words
    • 216 13 SINGAPORE Rises Indices Gump 575 +10 rr Cmwm 447*90 65?36 Maa— Cm 344 8 gttaSSwT *****17 *****17 M 0 50c 202 ♦7 »tS5oS 206 292 t-W.*- 334 46 754.78 753* 328 4-6 ST Fawn 2347 29 2337.25 LAM 50t 208 +6 STEST 733 75 733 22 *i'V
      216 words
    • 3880 13 BID and offer prices officially j listed and business in and re- j ported to the Stock Exchange of Singapore yesterday with the j number of shares traded shown In brackets In IoU of 1,000 units unless otherwise specified. AU Time Settlement Contracts are quoted
      3,880 words

  • COMPANY NEWS
    • 581 14 ALTHOUGH acknowledging that the outlook for the palm oil and rubber mart «*s in the next few years Is not encouraging, Sun Hung Kai has recommended investors to buy or hold some of the better managed plantation stocks. The recommended stocks include Asiatic Development,
      581 words
    • 257 14 Managers' prices MARA-Bumiputra for Aug 7 First B'putro 501 506 Singapore Unit Trust Second B'putro Third B'putro Fourth B'putro 4 57 4 62 3 78 3 83 The Commerce 1 66 1 76 4 16 4 21 The Savings Fund 131 1 39 Fifth B'putro 2 78 2
      257 words
    • 99 14 HONGKONG Monday 1367.7 Week ago 1357.3 Hong Seng Index Tuesday 1700.93 NEW YORK Monday 1671.90 Week ago 1686.24 Dow Jones Monday 1346.89 TOKYO Friday 1353.05 Week ago 1343.86 Tokyo Dow Jones T uesday *****.28 Standard Poors Monday '2450.62 Week ago ***** 89 Monday 190.62 Friday 191.48 Week ago
      99 words
    • 392 14 Reuter GJ COLES A Co Ltd will offer A 53.25 cash per ordinary share for the Myer Emporium Ltd under a merger plan which replaces Coles's previously announced $3 a share takeover bid. The merger will be effected by offers to be made
      Reuter  -  392 words
    • 168 14 HARRISONS MALAYSIAN PLANTATIONS Berhad: 9th AGM at The Theatrette, 2nd Floor, Balai PNB, Jalan Tun Razak, Kuala Lumpur, today at 11am. AMALGAMATED PROPERTIES INDUSTRIES Berhad: 15th AGM at Teratai Suite n, 2nd Floor, Petaling Jaya Hilton, Jalan Barat, Petaling Jaya, Selangor on Saturday, August 10, at 10.30am. FRASER
      168 words
    • 72 14 THE TELECOMMUNICATION Authority of Singapore has purchased another 100,000 shares in Singapore Press Holdings for $573,984 recently. This is the third purchase of SPH shares in less than three weeks. Following the latest acquisition, Telecoms's stake in SPH has been raised to 19.73 million shares
      72 words
    • 75 14 RALEIGH BM, through Bumiputra Merchant Bankers Bhd, has confirmed that all share certificates of Old Storage (Malaysia) BM have been returned to CSM shareholders who accepted the general offer. ROXY ELECTRIC Iadastries (M) BM said its registrar, share transfer office and registered office have been changed from D&C
      75 words
    • 513 14 The technical indicators accompanying our daily stock market report have become a popular feature among BT readers. We have received letters and telephone calls from as far away as India requesting more information on how best to use them. From today till Friday, BT
      513 words
    • 308 14 SHARE PRICES rebounded across the board on the Kuala Lumpur stock market yesterday in active trading as investors went on a bargain hunting spree, Selected stocks in the industrial sector recorded sharp gains as investorstook advantage of the lower prices after Monday's weak performance.
      308 words
    • 3054 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, MDUS TRIALS AMD (3 OOS) Akom (0 89*8) (2) 0
      3,054 words
    • 476 15 BOLTON PROPERTIES Bhd is proposing to pay MJ26.57 million for a controlling 80-per cent stake in cement-making company, Malaya Industrial and Mining Corporation Bhd (Mimco). The 12.24 million Mimco shares are to be acquired from 16 shareholders of Mimco who will get
      476 words
    • 504 15 THE MALAYSIAN Capital Issues Committee has set up a special task to work out details and expedite the proposed corporatisation of stockbroking companies in Malaysia. > The task force comprising representatives from the Kuala Lumpur Stock Exchange (KLSE), the Association of Merchant Banks
      504 words
    • 320 15 Reuter THE HANG SENG Index, which stalled recently below the key 1,700 chart point, surged above that level yesterday and analysts said it was likely to advance to a record high. The index rose 29.03 points to close at 1,700.93 for
      Reuter  -  320 words
    • 982 15 Reuter SHARE PRICES closed higher yesterday after an easier opening and showed little reaction to the UK July money supply data which was broadly in line with expectations. Dealers said major exporting companies were helped by the renewed weakness of sterling and at 1430 GMT, the FTSE 100
      Reuter  -  982 words
    • 352 15  -  DtR ORS^ By NAJEEB JARHOM MALAYA TIN PRINTING Ltd, which recently saw the entry of Pegi Malaysia as a substantial indirect shareholder, is understood to be making an all-share takeover bid for Van der Horst Ltd. This development comes
      352 words
    • 315 15 A TIMELY restructuring of its equity portfolios during the first half of this year has helped General Securities Investments to report only a marginal decline in profits. The closed-end investment trust of DBS Bank reported a 3.6 per cent drop in group
      315 words
  • Page 14 Advertisements
    • 393 14 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement:I UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1985 30.6.85 30.6.84 Or Company Group Company Group Company Group s$ s$ s$ s$ 1 Total
      393 words
    • 70 14 BANQUE NATIONALE DE PARIS USSI 25.000.000 Floating Rate Notes Duo 1990 Bondholders are hereby informed that the rate applicable to the third period of interest has been fixed at 8%% annum. The coupon No. 3 will be payable on 3 February 1986 at the price of U*****.31 representing 186 days
      70 words

  • Page 15 Advertisements
    • 704 15 8 DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) To: All Shareholders The Board of Directors of The Development Bank of Singapore Ltd wishes to make the following announcement: 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1965 SSSa earned *73.023 468.753 0.91
      704 words

  • 461 16  -  By BRIAN QOMEZ Industrial Correspondent SINGAPORE AIRLINES (SIA) pays its professional and managerial staff better base salaries than most other international airlines. SlA's in-house newsletter, Outlook, said that a study conducted during the first half of this year by an international
    461 words
  • 471 16 SINGAPORE AIRLINES and Air Lanka will resume flights within the next couple of months between Singapore and Colombo, almost a year after they were grounded in acrimonious disagreement. Civil aviation authorities from the two countries will meet later this month to work out
    471 words
  • 377 16 Reuter A BILL levying a 25 per cent tax on imports from Asia is to go before the US Congress next month, but analysts say President Reagan would probably veto it if it was passed. The Bill, introduced by Democratic Senator Lloyd
    Reuter  -  377 words
  • 127 16 Reuter SOUTH AFRICA'S gold holdings rose 143.38 million rand to 3.78 billion rand in July after falling 35 million rand to 3.64 billion in June, Reserve Bank figures show. In volume terms, they fell to 6.43 million ounces from 6.51 million, valued at 588.14 rand an
    Reuter  -  127 words
  • 467 16  -  By LOH HUI YIN A TEAM OF US OFFICIALS will arrive next week to work out ways to prevent the leakage of sophisticated technology goods to communist countries. In the meantime, intensive talks are underway between US and Singapore officials on the Republic's
    467 words
  • 126 16 Reuter CHINA'S television factories are finding it impossible to keep up with soaring demand, leading to more imports from Japan, officials and manufacturers said yesterday. An item which was once a luxury in China has now become a necessity for many families, even
    Reuter  -  126 words
  • 262 16 THE EUROPEAN Economic Community has ignored a personal protest made by Australia's Prime Minister Bob Hawke earlier this year against its beef export policies which include subsidies for exports to some Far Eastern countries and the introduction of another programme for the private storage
    262 words
  • 132 16 AFP GROSS DOMESTIC product in the European Economic Community dropped 0.2 per cent over the first quarter of 1965, the EEC Statistics Bureau reported yesterday, citing figures uncorrected for seasonal variations. The negative results, according to Euros tat, reflected the cold wave that gripped
    AFP  -  132 words
  • 90 16 Reuter COMEX GOLD FUTURES were under pressure yesterday morning on selling stemming from a strong dollar. Spot gold fell US$3.OO at $319.70 an ounce. The leading December delivery was down $3.00 at $327.60 after early selling abated at $327.20. Analysts said the European traders were small
    Reuter  -  90 words
  • 65 16 Reuter THE NEW YORK stock market saw share prices narrowly mixed in early trading yesterday, with blue chips advancing fractionally and losers holding a slight edge over gainers. The Dow Jones Industrial Average was up less than a point to 1347. Declines outnumbered gains by a small
    Reuter  -  65 words
  • LATE FILE
    • 56 16 AP MOSCOW has rejected President Reagan's invitation to send observers to a US nuclear test site as a "propaganda gimmick". The Soviet chief delegate to the Geneva Conference on Disarmament said yesterday that the US was using "fictitious pretexts" in opposing the Soviet proposal for a
      AP  -  56 words
    • 50 16 Reuter HEAVILY-ARMED troops and police swarmed the black township of Daveyton yesterday as the Nobel prize winner Bishop Desmond Tutu challenged the South African government by making an anti-apartheid speech at a teenage girl's funeral. He was violating a ban on political speeches at funerals.
      Reuter  -  50 words
    • 42 16 Reuter CHINESE officials in Heilongjiang province next to Soviet Siberia said yesterday that they were lukewarm about the prospects for developing cross-horder trade in spite of the signing last month of a major Sino-Soviet trade accord. Reuter
      Reuter  -  42 words
    • 56 16 AP THAILAND and Malaysia have agreed to exchange experiences in military matters, particularly in efforts to combat communist guerillas in the jungles of the two countries. Officers from both sides said yesterday that Malaysia would provide opportunities for the Thai armed forces to learn about the Malaysian armed
      AP  -  56 words
  • Page 16 Advertisements
    • 110 16 Ijoans for office automation See us at Computer Asia *85. 14-17 August, World Trade Centre, Stand No. 4Z-66. r/t r& em* tiflKL Talk to our man about money and you'll be amazed by his computer know-how We have the strong backing of the OCBC and Midland Bank Groups to give
      110 words
    • 745 16 8m Pag* 4 Situational Selling Singapore, October 8 11,1985 This programme aims at helping sales professionals develop a perspective, and demonstrates a workable model of personal influence behaviour, through wh;ch every sales situation can be analyzed, planned, and executed as a predictable event. This enables experienced sales people to become
      745 words
  • Page 16 Miscellaneous
    • 47 16 Outlook for today: Foir. Report for 24 hours prior to 7 30pm on Aug 6 at th« airport: Maximum temperature 30.8 Associated humidity 69 Minimum temperature 23.9 Associated humidity 98 Hours of sunshine 7.85 Rainfoll in millimetres trace Rainfall this month 5.6 Rainy days this month 2
      47 words

  • SHIPPING TIMES
    • 108 17 Reuter THE 7,418-TONNE Argentine cargo ship Lago Alumine has been put up for auction by a maritime court in the North China port city of Tianjin, according to the New China News Agency (NCNA). The ship was impounded at the request of two Spanish
      Reuter  -  108 words
    • 286 17  -  By LINDA CHEE TAIWANESE Nantai Line has added a 700-TEU newbuilding to its Far East-South Africa full container service and plans to enter a similar-sized vessel for the middle of next year. The new ship, Nantai Princess, will call at Singapore today on her maiden voyage
      286 words
    • 359 17 THE implementation of compulsory pilotage in Hongkong on Aug 1 has added an unwelcome charge of around HKROOO per visit for a minority of vessels using the port. Pilotage is now mandatory on all ships of 10,000 tons gross
      359 words
    • PORTSIDES
      • 32 17 Reuter THE AUSTRALIA/West India and Australia/Sri Lanka Outward Slipping Conferences said they will lower their currency adjustment factor to. 13.12 per cent from 17.79 per cent, effective Aug 21. Reuter
        Reuter  -  32 words
      • 97 17 AP TWO CARGO ships collided 1,769 km north of Honolulu and 23 crew men abandoned one of the vessels, the US Coast Guard reported. The crew of the Panamanian-registered Regent Tanpopo was picked up by the other vessel, the Ming Universal out of Taiwan, said Coast Guard
        AP  -  97 words
      • 64 17 Reuter ABOUT 200 waterfront clerks voted to end a strike which has halted ship movements in the Port of Brisbane since Aug 1, union officials said. The clerks, striking over a manning issue, voted to resume work today, the officials said. The strike has delayed 18 vessels,
        Reuter  -  64 words
      • 106 17 AFP AUTHORITIES on Monday refloated the West German cruise ship Europa that ran aground off the coast of Greenland on Sunday with more than 800 people on board, port officials said. None of the 580 passengers nor the 300-man crew were hurt when a gale-force southerly wind suddenly
        AFP  -  106 words
    • 498 18 Fairplay CANANDIAN FOREST products companies have seen a very difficult 1984, but the year suggest a better future. Six Eastern concerns made a combined profit of Cans 297 million, while Vancouverbased concerns made a small loss of $8.5 million compared with $101.6 million in 1983
      Fairplay  -  498 words
    • 274 18 ►FROM THIS month, Singaporeans J will be the first overseas consumers of Zealambi products frozen Lsatay complete with sticks and sa"tay sauce, burgers, meatballs and 'dumplings manufactured with hal- al processed meat pre-seasoned •and ready for cooking. A special trial consignment of Zealambi products were
      274 words
    • 250 18 THE NUMBER of containers certified by the American Bureau of Shipping crossed the one millionth mark by August this year. The total consists of various dry cargo, open top, platform, and thermal containers, including tank containers certified for handling hazardous cargoes. The record
      250 words
    • 881 18 A Top Ent X 4 AB Shpg V 5 Afea Une VI 3 Affinity Shpg X 1 Ahrenkie) Liner X 1 AC Toepfer X 5 APC Une V 4 APL II 2/3 Antoh Orient X 3 Arrow Lines X 5 Atlas Lines X 2 Anro Service IV
      881 words
    • 1054 18 CHARTERING was quiet in all sectors of the freight market on Monday with rates still generally lending easier where changed, shipbrokers said. Grain from the US Gulf to Japan received the higher level of U5511.95 but this was for a November loader with previous fixing at about $10
      1,054 words
    • 641 18 AFP DEPRESSING conditions prevailed over the past week on the freight market where rates in some place dropped to the lowest seen for over seven years. Business was at an extremely low ebb, with little prospect of an upturn in either activity or receipts in the near future
      AFP  -  641 words
    • 169 19 CargoNews Asia IN A MOVE unprecedented on the North American West Coast, the Port of Valdez in Alaska has eliminated its wharfage and dockage rates. Explaining the unusual maritime tariff initiative, John Devens, mayor of the City of Valdez which owns and operates the port,
      CargoNews Asia  -  169 words
    • 407 19 BRITAIN'S Commission for Racial Equality called on the government last week to remove an exemption clause which allows Asian seafarers to be employed at low wages on UK ships. The wages parity move could add about £8 million (US$ll2 million) to basic
      407 words
    • 184 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. AMRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd
      184 words
    • 100 19 TWO ITALIAN shipping lines, Lloyd Triestino and Andrea Merzario, have made a slot-charter agreement for services between the Adriatic, Persian Gulf and India/Pakistan. The pact will be effective in September. Lloyd Triestino will be allowed to charter slots on Merzario's two roll-on/roll-off container ships in the
      100 words
    • 2774 24 aaaaagftß 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
      2,774 words
    • 692 25 sssr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location E Gifted 004RE 07.8.85 2300 Green Asia F1 0900-1100 P3 Sea Hawk 8532 07.8.85 2330 Eastern M F7 1000-1130 L6 Kowloon Bav 69/455 08.8.85 0200 Mansfield
      692 words
    • 1706 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B A Top Ent*rprn«s Pte Ltd Sam* (S) Afe Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Line» Kim Shpg (S) Alfred C Toepfer Oceanus Sh^pmg Agencies (S) Mult*>ort Sdn Bhd (PK)
      1,706 words
    • 335 26 AT CONVENTIONAL WHARVES Viiwl Berth Arrival Departure KEPPEL WHARVES Enterprise 1 K16 alongside 07.8/0600 Golden City K33 alongside 07.8/0200 Koto Pelongi K18 alongside 07.8/0600 Kota Wangsa K31 alongside 07.8/2359 Lindenbels K10 alongside 07.8/1500 Oranienburg K12 alongside 07.8/2300 S'thern Glory K27 alongside 07.8/1500 Chaco K16 07.8/1500 09.8/2300 Johore
      335 words
  • Page 17 Advertisements
    • 891 17 =++,>{%@!>">=\[~<(+.;]%>_%&()}= O*!ENTOVEISEAS COMIcmuA LINS im mm MM AGBCES (R*. MHM/HK) r A MEMBER OF THE C.Y. TUNG GROUP mm Mms mdkb on. *«*«/•«> 70 Sharta* 8a» #04-03 km Horn Sa«a«art 020? T* 221*11 1* B Ml» CfS OfflCE TfC #***** T* *****31 TtmwMl OilKt TFC *03-030 1« *****90/*****93/*****01 TRAITS ritßOPf
      891 words
    • 72 17 wm CANANDIAN FOREST products companies have seen a very difficult 1984, but the year suggest a better future. Pag« II BRITAIN'S Commission for Racial Equality called on the government to remove an exemption clause which allows Asian seafarers to be employed at low wages on UK ships. P«g« 111 Index
      72 words
    • 425 17 hi Search l This runaway bestseller disects the secrets of America's most successful and has their success into eight basic findings which make exceptional sense MAERSK LINE Voy IS* por« EXPORT TO USA. EUROPE. EAST. WEST AFRICA A ASA 1 110# MB CT 12/1 1100 MB crs u/i noo mb
      425 words

  • Page 18 Advertisements
    • 460 18 Y AM ASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wml Pacific North Woot Atlantic Foodor at Tokyo Faadar at Kotoo Faadar IMM n lA/LB 0M KMtar fil »T KOI M MMtar VSL SIMM 7/9 11/9 HYUGA 11/9 11/9 14/9 IWJII S. KASHB M/ 9 17/9 1 AUJMCE 14/9 17/9 2R/9
      460 words
    • 243 18 11 Supercarrier Service ■c in HXT ARRIVALS BARBER TOW 10/1. II ROCHESTER lAAKR TM»A N ROTTERDAM X/ 9 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA a/9 30 9 1 11 Vli 7/M 11/11 22/11 M/M 21/11 21/11 isi cm Mm acta** co«fct tar IW> (MI). V Ff-cta. OtMa*
      243 words

  • Page 19 Advertisements
    • 833 19 The Straits Steamship Group imsf Mansfield Container Shipping Pte Ltd Overseas Containers Limited CONTAINERSWP SERVICE 10 UK CONTINENT HONGKONG EXPRESS RONLOON MY BENM.OER cm of nwoi FRAMFURT HPRESS CMM MY iimni) MMW imna my 9EMVON Spare Pl#« 12/t 13/9 29/1 21/1 2</i a/t 93/9 95/9 12/9 14/9 IS/9 29/9 25/9
      833 words
    • 711 19 NOTICE FAR EAST/ OIIF OF SABAN. BRUNEI r»>■ 1 j I."M Ikl »> 3 3 <3 H I <3 I 33 2 H L* J 4 CH I'l-J M W SJL3A CONGESTION SURCHARGE The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted port
      711 words

  • Page 20 Advertisements
    • 398 20 IT u Hapag-Lloyd 10 CONIININI UK EXPORTS tp« Pl*ta«g PauagUnMi BMa* Cm Hhrg Mat ftm Mnt| >25/1 20/0 30/1 25/9 7/11 3/11U/M 30/9 10/9 19/9 12/ It 10/10 25/10 11/11 22/1* 20/9 22/9 24/9 24/1111/1* 11/1012/10 14/10 13/11 10/11 10/11 22/11 City EMqt 21/0 23/0 NMm Ei»r*tt 1/0 10/0 Or
      398 words
    • 303 20 j IIC.&.LINE tOMfg nj*. FULLY CONTAINERISED SERVICE 10 EUHOPt Vl* Sl*/ 1 ot Ihf Acy ComorUn am contmb 3m OdWO MS 44H 3/9 5/9 7/9 10/9 10/9 12/9 U/9 17/9 17/9 19/9 21/9 (2«/9) 24/9 28/9 28/9 1/10) Pl*M| Span HJUmi »lI*H BMb '*>• (15/8) 13/1 17/8 18/8 21/8 28/8
      303 words
    • 599 20 Hai Sun Hup Co (Pte) TFI I? 0 linos) Tl* RS??(*>l Ltd K R5?0672 t I \SII\ i lIMK. I Tl) Specialist in RO/RO Service Accepting heavy-fifts upto 80 K/Tom Saints from Japan Sp»« Pltaf Kuctii| thuu IU SKI MUSH *27 SM SW asm ami *71 i it NWCt HMD
      599 words
    • 643 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) icr *c kjc nc ns a» tto ksh ob ire bm tac ai m dot u« mp kft 13/1 14/1 14/1 U/l 21/1 22/1 11/1 14/1 1U 1U m 21/1 l/u 2/11 Vl* M/M 17/1 21/1 22/1 2«/ l 27/1
      643 words
    • 293 20 us i nose MARITIME PTE LTD El ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN UK KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SUN CORN. 23/1 Lm, P. More*y, Honiara Kkta, ItabMl, S.C Mm tcap** cmtm tar Rl (Sm/lwWu mi 1 MCfIC Nrte) SUN UNION LINE u TAIYO MARINE LINE
      293 words

  • Page 21 Advertisements
    • 790 21 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0 106 Tel *****33 V\v east africa/redsea services KOTA RAXYAT KOTA HATHA KOTA JAVA c KOTA WMAWAN KOTA MMAH KOTA MUTIAMA KARACHI/M.E. GULF SERVICES '"ML'.!. J f v^-TIIT 11-14/1 2S-2S/S 31-4/9 9-12/9 27-31/9 10-17/9 20-23/9 7-12/10 20-29/10 1-3/11 -329 9-7/9
      790 words
    • 707 21 BEN LINE CONTAINERS HON BIMVENRDAM HAWE STOW PAELANCSTGK I FOB lM|a Man MM SjM I •ay 27/1 21/1 30/1 1/9 2/» I 21/9 23/9 I *6. Ml VESSELS ACCEPT TRAM TO/FROM PENANG AND EAST 11 9/11 iaM i/i wc. raw IJ/I 14/1 mm raw 19/1 KB. IK TK M qe
      707 words
    • 474 21 DJAKARTA LLOYD INDONESIAN NATIONAL \r AAAiA hK k». :<« dl,f J.l r.ffr i tii.'. aA: i WEST SOUND IMLMO MOO AIMM/UA IWK/ 9MHMT« VI4M MP! «/J 7/9 11/1 12/9 11/9 SMMMBtIMB 14-14/1 IUI/9 21 22/9 2124/9 2129/9 -nanumm x-a/t i»/» 27/s 21/9 i/it oaM wma 1719/9 27/10 17/11 21/11 STOK
      474 words
    • 592 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Una) Loadh| far Kanpon Sparc Plata* N««l tonaywa V2O3N h NH isMo MS 12/14 Am( Ufa* *2 l V» MtiM(ynry«a V257W 16/11 Aug i-an vi 7 a/mm Loot* Far Antworp. Mm**i Rotterdam 12/14 A« 15/17 AMI BANK LINE SPORE R'DAM HULL HMBG
      592 words

  • Page 22 Advertisements
    • 1244 22 K LINE KAWASAKI KISEN KAISHA, LTD. ran/ arm USA CANADA MOHCCMBT (IscMtaf DESTINATIONS INLAND vU IPIMICRO BRIDGE MINILAND BRIDGE) MODO VESSEL STORE HU.fi PENANG STORE *46 LIONS GATE BRCGE *36 3 Aug 4 Aug 6 Aug 8 Aug SHN BEISHU MARU *22 HK CONTABO Ms£ MY BMDGE *1 MONTE RUBY
      1,244 words
    • 590 22 a a j CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAMER/REEFER/BUIK SERVICE iMdmc lof LOS ANGELES SAN FRANCISCO SEATTLE TACOMA VANCOUVER BC Accepting FCI FCt Conlwwrs P Ktbnc Singjpor' I ARfttn RHARATEWT VI U# 1 Oct AUSTRALIA EXPRESS CONTAINER SERVICE Acccpting FQ Ftt Contancf* P Kiimt S part Frcai Heft St* AN*
      590 words
    • 425 22 SANKD ASIA FftOW jAPANfSI POUTS AND MONOKOWC GOLDEN LINE K?vl gum sum snrrwe (pie) lid >■«« En*rid W MfeL M Cad Start. aWMTOK MM IB: Z?l»7* (J# IMS) lr— i* i*»« V >. t*t M7*l OH NT U.BID (M) SM M TEI i STRAITS/PERSIAN GULF SERVICE: Sport t Um| Pa
      425 words
    • 474 22 INTRASEA (PTE) LTD 10 Anson K Md 16 Interna* <>".» 0207 lei 1 < L n, s S>re P. Kill i|lnM trust 17/1 rott/ant/bjl (mod 24/1 aOTT/MT/U. (MM) AND s pore P Mane LmMm tar TW VOYI2 S pore P KeUr* Loa*« 10/» 14/1 MoMaki P.T PERUSAHAAN PELAYARAN KALIMANTAN WRECT
      474 words

  • Page 23 Advertisements
    • 748 23 Also accepting cargo to/from Scandinavia TW BRIDGE S pore Closing Times FROM EUROPE (VIA SUEZ) Havre Singapore P.Kelanf K CHANCE 22E.. Sailed 10/8 (12/8) > HK CONTAMER Sailed 13/8 (15/8) r 0 CHEF ME Sailed 20/8 (22/8) IJACEJN 29E In Port 27/8 (29/8) N CRYSTAL 30E 14/8 3/9 (5/9) MEKCATOR
      748 words
    • 569 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN INCHON V«MI S**rt f| «N MOON BUSAN Ik Dmmi/MW 12/1 IV4 24/4 lb I Ommi MCH IVI 19/S 12/9 4/1 No i o<m/SM 23/1 N/S 27 21/1 1/1 No 7 Dwm/M7N J/1 7/1 11/1 G«o>4 Sw»t Mi
      569 words
    • 371 23 *SMSOV SINGAPORE SOVIET SH*P|NG CO PRIVATE LTD SMSOV BULOMG 55. Market Street Seaport 0104 Telephone Nunten *****3 (15 Lim) Cable Address SMSOV SMGAPORE Tetei Numbers RS ***** RS ***** RS 2SIOS f mm M/S SHARKAT NAH SOON SON. M>. IST AND 2ND FLOOR. NO 1 JALAN CEMPENNIG PORT KLANG. MALAYSIA
      371 words
    • 22 23 SWEE JOO SHIPPING SDN. LONG *ATU Iter 14/1 IUI Agents: JAMBATAN MERAH SDN. BHD. P. Kel&ng: *****6 7 K.L. *****7/*****1 Pmang *****
      22 words

  • Page 24 Advertisements
    • 979 24 71 Kc<|io«ial Container Lines 4 Sailings weekly it Fast Reliable Regular •Punctual Berthing PSA Mon, Tue. Thur, Sat mm mm im MTU ROWORTRta 183N lIH HO—K M S*l BHUM tm THANR MM 10H MTV KORSOTIM 104 ft SHMN 23SR THAM MM 20ft MTU RONHtTIM 115* SfOK i/m 11/10 km 12/13
      979 words
  • Page 24 Miscellaneous
    • 172 24 I k Regional Weather n -V* l 7i u X \LLS& SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c O w Wind direction with speed in knots Wove height LEGEND R Thunderstorm Toother C Wind direction with speed m knots Shower M Ram Wave height Cloudy Sky
      172 words

  • Page 25 Advertisements
    • 276 25 St APID SHIPPING PTE LTD S'POAE TEL: *****44 TLX: ***** K.L. TEL: 537(55 53*580 ACCEPTING FCL LCL Ilf r■ VESSa Kay ETA ETD CAILKG um 01 kM IW um I 7/B h Nrt CTG rmuT mm i u/» u/i ctg MMM KTI JV» U/» .W* CTG AGENTS: BAYANIHAN SHIPPING PTE
      276 words
    • 241 25 Z* cN C LINES WEEKLY FCL A LCL CONTAINER SERVICE STOSKK MW UO KEE KOB MO) BUS CHUN6LKV.SU 11/1 14/« 21/1 24/1 22/1 MM UE *.511 lt/t 21/1 27/1 21/1 4/1 5/1 1/1 KUO HSUC V.501 1/1 12/1 11/1 21/1 21/J 25/1 24/1 27/1 KUO LIME VJN 11/11 121/11 27/11
      241 words
    • 210 25 PTi LTD yirripj-iM t'l 1 1 1 1 t* i ns ACCEPTING BOTH FCL AND LCL <M- T '."l!. 1 ■.T rh m WEEKLV SERVICE SIf*GAPOPE TO KUCHINGSIBl 1 LIZENA PTE LTD a s* im. 2# Oct y ''iv r g >.%;/|\?{'}|"@;)+@/!^.(\?%<%_;^ >yd eac Lo.d.ng for CENTRAL AND SOUTH AMERICA
      210 words

  • Page 26 Advertisements
    • 372 26 STONEAGE 29 MJSTRALM FCL LCL KAPOK LOjOWHS 9/t, 17/«. 25/1, 31/» Sr*wy. Mihi, Bri i [(m^L RHOT9 rIIMMSV 18/1, 22/1. U/9 IMphr ft Nm PtynMli U.SJL 12/1, lf/i 2t/t, 2/9 Cm* ft G* parts NONE ROIK/CMM 15/*, 19/t, 23/1 31/» Nm| l«| ft Ctaasa parti TNMUM) 11/ l 14/1. 22/1
      372 words
    • 338 26 ft amwmTS^Sksr TO MB FROM IK/CONTVOT TO; EUROPE rt mm yrm pjkum khmc rat: MCHM SID U R PUT M l«M rim no M 6 MOP MTMN hM SM »/ll MK 12/15 MK IWM L HM» RSM FROM EUROPE: PfMNC r ROME INK LMMN M* mm 17/u Ami u/» n/22%
      338 words
    • 547 26 C.Y. LINE (A Mtmlwf Of Th« ACE ConGorttum) CHO YANG SHIPPING CO. LTD nut coitmkmsed samct to qmk cm so kn u/« 21/1 29/9 LaMann Ua Fitwt 29 i 27/« a/i 2/9 1/9 vt 9/9 11/1 12/9 19/9 17/1 11/1 Kto{ Brw Mwf >1/1 1/9 1/1 7/9 1/9 11/9 14/9
      547 words
    • 812 26 Everett Lines/ COMPAMA PERUANA DC VAPOREES (Cf.V.) "PERUVIAN STATE LINE" lM*Nt tar Cabo Mat arm k md al otJwt Ptfnia Or CPV Thro** Ms ©t I*** to tout tetHUbM THOMASEVOKTT NUBCKKTT MMnumKn I* rt/7 h* 11/20 Auf 29/31 A* Sta|apart GfeK2l/9 A* 21/22 1/2 W TNOMUnitKTT MJOCKKTT MMunßcn "EVERETT ORIENT
      812 words
    • 250 26 Z I M a a ym r~ lilß 23 ItS nSS^lii-Us 1 mSL I 7JJS nr 2 5 c +r jl V AUSTRALIA CONTAMER SERVICE flj m eui AISO ACQfTUG LCI/Fa CMGO TO HBHMBL M MUJOUK GOLD STAR LINE 14 DATS EXPRESS SEE TICK TO GOLD STEAM ICS Cotombo Morobaia
      250 words