The Business Times, 20 August 1985

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, AUGUST 1185 60 CENTS
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  • 230 1 AP THE HONGKONG government has rejected an application by a Hongkong airline, heavily financed by China, to operate charter flights from the British colony to Beijing and Shanghai, the Civil Aviation Department said yesterday. Dragonair, a subsidiary of Hongkong Macao International
    AP  -  230 words
  • 97 1 THE FIRST FINANCIAL futures fame organised by the Singapore International Monetary Exchange The Simex Challenge has been won by the Singapore Nomura Merchant Bank, which carried off a prize of $10,000 in this winner-takes-all competition. iSe four-men Singapore Nomura team was led by Mr Y
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  • 707 1  -  Financial sector faces continued squeeze on profit margins By ALVIN TAY,AMY BALAN FACED WITH THE NEED both to limit the outflow of funds and to serve the economy, the big banks are becoming reconciled to a period of lower profit margins. This
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  • 549 1 A CALL TO SINGAPORE'S banks to look beyond their traditional customers and consider supporting the country's new breed of technology-based entrepreneurs was made yesterday by Dr Tay Eng Soon, the Minister of State (Education, and Communications and Information.) Echoing one of
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  • Article, Illustration
    80 1 THE SINGAPORE stock market inched np yesterday la moderate volume as investors continued to trade selectively. The BT -Composite Index climbed UMit to «3.17 while the Straits Times Industrial Index was np 9.59 point at 758.19. The final scoreboard showed 19 price advances and 58 declines. The total
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  • 424 1  -  By LOH HUI YIN AMERICAN PROTECTIONISM could be a barrier to closer relations between Asean and the US, it was suggested at a top level meeting in Bangkok yesterday. The representatives of the powerful American Ways and Means Committee were
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  • 567 1  -  By RAMESH CHANDIRAMANI THE PARADE OF POOR profits of publicly-listed financial institutions continued yesterday when Overseas Union Bank Ltd, the smallest of the "Big Four" local banking groups, turned in an uninspiring set of half-year results. Group net profits, after providing for diminution in
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  • Page 1 Advertisements
    • 59 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Sang KancH, Pag* 7 Nikon FS.P Nikon F3T Nikon F3HP Nikon F3 Nikon FA Nikon FE2 Nikon FM2 Nikon FG Nikon FG2O Nikon EM Nikon LI3SAF Nikon L3SAF Nikon L3SAD Nikon Nikonos V (Nikon) The world s tinest photographic system SHRIRO 09-00 Yen Sao
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    • 283 1 mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO OUR VIEW THERE IS NOW a fair cross-section of Singaporeans who no longer feel they have much to learn from their South-east Asion neighbours. This is the sort of arrogance that will stifle progress as much
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    • 0 1 =)_/>~'}!%{~<_()"\=:!__%'>;?~^<
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    • 136 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC OUE hit by hard times in hotel industry, Pag* 15 TaMa Big Four profit comparison, Paga 15 "I have to ship 2,000 lobsters all over Europe by tomorrow. I'm really in a pinch!' "Call KLM! Shipping through Holland can be the fastest way to over
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  • HOME NEWS
    • 444 2  -  Singapore to supply the component for Accent 2001 By BRIAN GOMEZ, Industrial Correspondent THE FIRST made-in-Malaysia computer, Accent 2001, will incorporate made-in-Singapore disk drives. The IBM-compatible computer, described as "the smallest and lightest machine" (about 8 kg) with features of a full-speed desktop computer is
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    • 394 2 A LIVE-IN sales force is the latest idea launched by a British housing company but despite the sluggish state of the Singapore property market, no-one is likely to try it here. The idea of getting someone to live in a show flat to
      394 words
    • 322 2 ONCE IT WAS the latest in cinema attractions that adorned the billboards at the corner of Kim Seng and River Valley roads. Now it is high-rise apartments. This is possibly the first time that property has been advertised on billboards. Before this, billboard advertising for
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    • 262 2 SEVEN OUT OF 10 person asked by the Housing and Development Board to select a middle-income HUDC Oat yesterday rejected the offer. In total, only 42 HUDC flats were taken up even though HDB invited about 140 applicants for the day's Klectkm. HDB
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    • 327 2 SINGAPORE SHIPYARDS could contribute to China's shipbuilding and repairing industry by sharing their experiences and know-how. This was said by Mr Shao Bing Jun, the vice-president and general secretary of the Shanghai chapter of the Society of Naval Architecture and Marine Engineering
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    • 431 2 Seminars and courses DURATION Aug 20S«P 5 Aug 20-21 Aug 20-28 Aug 21-23 Aug 22-23 Aug 22-23 Aug 22-23 Aug 23 Aug 23 Aug 23-24 Aug 24 Aug 24 Aug 27 Aug 27-28 Aug 27-30 Aug 28-29 Aug 28-30 Aug 28-30 TITLE Certificate Course in Labour Management Cooperation Practices
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    • 551 3  -  By JEFFREY TSANG COMPETITION among contractors for jobs is getting more intense with more and bigger companies now fighting for small projects. Two Public Works Department contracts for the installation of lighting at the parks along the West and East coasts attracted 20 contractors
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    • 89 3 A DELEGATION of 10 Members of Parliament will visit Johore from today to Thursday. The group will be the guests of Dato Syed Zain bin Idrus Shahab, the Speaker of the Johore Legislative Assembly. The leader of the group is Mr Tan Soo Khoon, the Deputy
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    • 271 3  -  By MONICA GWEE TRUSTEES of charities used to "a free hand" in managing their organisations have been submitting better yearly accounts to the Commissioner of Charities. In his annual report, the Commissioner, Mr Hsu TseKwang, noted that the initial resistance from Trustees
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    • 658 3  -  By JAIME LYE HOTEL OCCUPANCY RATES hit a ten-year low at the end of June this year in spite of an increase in the nuniber of tourists. Hotels only managed to achieve an average occupancy rate of 66 per cent between January and
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    • 270 3  -  By BOEY KIT YIN IN THE FACE OF sluggish demand in the computer market, exhibitors at the four-day Computer Asia '85 scored an encouraging $3 million plus worth of sales. This figure excludes orders worth US$l7 million for a telephone management system developed by a
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    • 42 3 THERE WILL BE a partial lane closure at Raffles Quay and Finlayson Green from Aug 19 to December this year for the MRT system's ground treatment works. More lanes will be closed during off-peak hours to speed up the work.
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    • 188 3 SINGAPORE will be an undisputed high-flyer in the US on Friday when the Washington State Kite Festival Committee honours Singapore's participation at the International Kite Festival by marking Aug 23 as Singapore Day. A five-member team from Singapore, consisting of a Tourist Board
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    • 275 3 THE LATEST civilian and military aviation technology and equipment will be discussed at three conferences on Jan 13 and 14, to be held in conjunction with the Asian Aerospace '86 exhibition. Financial Times will hold a conference at the Shangri-La Hotel on aerospace in Asia
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    • 129 3 THE ROYAL HOLIDAY INN has spent $300,000 to upgrade its computer reservations system. With the new Holidex II system, the hotel joins more than 1,750 Holiday Inns which are linked to the system. The system can be used to make advanced reservations for guests
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  • Page 2 Advertisements
    • 122 2 SOUTHPCHNT Superb Office FloorsNow Ready For Immediate Occupation. The outstanding new Southpoint Building is situated in a rapidly emerging new financial centre close to the MAS Building, Treasury Building and Maxwell MRT station. Now is the time to move to Southpoint and to take advantage of the very special rental
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    • 48 2 In Singapore our faultless service is only matched by our spectacular architecture. THE PAVILION INTER- CONTINENTAL SINGAPORE »v At THE ADVANTAGE IS INTER CONTINENTAL 0 INTER- CONTINENTAL HOTELS One C UM.tJi'n R.wJ. 1024 I'hom- 733JVJV Tek-v RS ***** SINIHC For reservations call your favourite airline or travel agent.
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  • Page 3 Advertisements
    • 334 3 South East Asia's Premier Event for Manufacturing I If f m Machine AsiaOß From 23-27 September 1986 Singapore's Work! Trade Centre is the stage for MachineAsiaSS The Sooth East Asian Industrial Fair This is the sixth show for thi* biennial event and together with the supporting conference AIMBS, Automation in
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    • 80 3 BHi 9 M "I i 4 .ft *<• > v* v. COMMAND POSITION. Hong Leong Finance Building 138 Robinson Road *113 podium carpark lots Spacious, sophisticated offices with inspiring seaviews *6,200 sq ft per floor (may be subdivided into smaller areas) Computerised high-speed lifts Energy-saving double-glazed windows 24-hour security Professional
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  • OVERSEAS
    • 477 4 A glowing report of an exercise in free enterprise YMT THE SOVIET GOVERNMENT newspaper Izvestia has given a glowing report to an economic experiment which has injected a dose of free enterprise into the country's inefficient services sector. The report on Sunday indicated that the
      YMT  -  477 words
    • 53 4 Reuter THE BRITISH Broadcasting Corporation has come under pressure to explain a newspaper report on Sunday alleging staff were secretly vetted by the nation's security service. A spokeswoman for the BBC said the report would be investigated, although director-general Alasdair Milne dismissed the accusations as
      Reuter  -  53 words
    • 132 4 Reuter ISRAEL'S Cabinet has approved a free trade agreement with the United States, gradually lifting all restrictions on commerce between the two countries over the next 10 years, a Cabinet statement said. The agreement is the first of its kind between the US and
      Reuter  -  132 words
    • 215 4 AP IMPROVING THE QUALITY of American industries will be more beneficial to the US than establishing import quotas or other non-tariff barriers, an official Chinese commentator said yesterday. "The competitiveness of US business is losing ground and the situation will only deteriorate if
      AP  -  215 words
    • 281 4 Reuter PRESIDENT Ronald Reagan's tax reform proposals would make the tax system slightly more fair even though rich people would reap a larger share of the benefits from tax rate cuts, a congressional study said. The Congressional Research Service, a non-partisan arm
      Reuter  -  281 words
    • 49 4 Reuter AUSTRALIA yesterday announced a series of economic measures against South Africa because of its apartheid policies. Measures included the closing of its trade office in Johannesburg, a ban on direct investment in Australia by Pretoria, and an import ban on krugerrand gold coins. Reuter
      Reuter  -  49 words
    • 432 4 Reuter LIE-DETECTORS LIE, say US congressmen Stewart McKinney and Pat Williams. So strongly do they believe that polygraph tests are unreliable as well as unconstitutional invasions of privacy and tools of intimidation that they have filed similar Bills banning private industry from using lie detectors
      Reuter  -  432 words
    • 48 4 THIS TINY ANT wreatlea with a 32-bit microprocessor that contains tha computing functions which raquirad an antira room off aquipmant in tha 1900 a. National Semiconductor Corporation of Santa Clara, California, manufactures tha tiny silicon chip, which is smaller than tha push-button on a telephone.
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    • 842 5 ARRIVALS Operator Service number Local time From SV PAA SV379 PA21 0115 0020 SEL LAX/TYO/HKG CAL CAL MAS MAS MAS MAS MAS SIA RBA CPA OA StA SIA THAI SIA MAS SIA GIA MAS SIA GIA SIA GIA SIA CI34I CI337 MH60I MH681 MH603 MH811 MH671 SQ103
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    • 258 5 Reuter AFGHANISTAN'S President Babrak Karmal has said his country is building an "impregnable barrier" along its borders with Pakistan and Iran. Mr Karmal did not spell out details of the barrier in a speech over official Kabul radio on Sunday night but he appeared
      Reuter  -  258 words
    • 525 5 AFP A RETIRED West German engineer put in command of a struggling factory in central China has made enemies as well as friends, and is seeing results. Werner Gerich, who became the first Westerner to head a Chinese factory last September, "has been the
      AFP  -  525 words
    • 350 5 Reuter NEW ZEALAND will sue France if Paris is confirmed to be involved in the sinking of the Greenpeace ship Rainbow Warrior. Prime Minister David Lange said yesterday that New Zealand would seek damages for Greenpeace, the family of a crewmember killed in the
      Reuter  -  350 words
    • 286 5 AFP GENERAL Yitzhak Mordekhai, the commander of the Israeli parachute corps, was acquitted on Sunday on two charges relating to the beating to death of two Palestinians who hijacked an Israeli bus in April last year. The general was cleared of causing serious bodily
      AFP  -  286 words
    • WORLD IN BRIEF
      • 59 5 MANUFACTURING pay awards have remained flat, the Confederation of British Industry said. Through the first seven months of the year pay settlements averaged 6.5 per cent, unchanged from the average for the first and second quarter. But the spread of settlements has been wide, from under
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      • 64 5 THE DISPUTE between state-owned British Rail and the National Union of Railwaymen over the introduction of driver-only trains could escalate into a national stoppage on the railways, industry sources said. More striking train guards voted over the weekend not to return to work in defiance
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      • 67 5 IF SPAIN remains in the North Atlantic Treaty Organisation (Nato), the US should bow to Spanish wishes for lower US troop strength in Spain. Melvin Price, the chairman of the House of Representatives Armed Services Committee, said last Sunday the presence of US
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      • 57 5 Agencies THE INDIAN ARMY has reinstated 900 Sikh soldiers who deserted after troops stormed their holiest shrine, the Golden Temple at Amritsar, in June last year. The Defence Ministry said in a statement that a further 237 of a total of 2,733 Sikh soldiers who deserted would
        Agencies  -  57 words
    • 125 5 Reuter CHINA'S first trade mission to Indonesia since all ties were severed 18 years ago ended its visit on Sunday with the Indonesians hoping for US$35O million worth of Chinese orders. Sukamdani Gitosardjono, the president of the Indonesian Chamber of Commerce, said the trade
      Reuter  -  125 words
  • Page 4 Advertisements
    • 190 4 Daily to Manila And onward to the TJ&A* >r m \*3l V v All set for that important business trip to the great cities of the U.S. A? Or planning for a fantastic holiday in hip-swaying Hawaii? Philippine Airlines says, "Mabuhay" (Welcome). When you travel on our First Class you
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  • Page 4 Miscellaneous
    • 48 4 Doonesbury m w m rum w m K a M THepfv&.wvewY, m tsiNSANßu&m.ue Zr* FO&S&MW/mj- &FECK CAWNSIN PSKHiATRf PR.GORP? ANPPfm&iONALFOOT- < Ml m BY GARRY TRUDEAU ves.Burmmte UH.-holph; ONES. FOR EXAMPLE, ALffE. ARB 'mNsnravßie WMWK ILLUSION OF SUBSTANCE tMONUA TOVJURAOEREGO. SWEEFF6CT? K s 1 K 1 8^ 5 laih.i
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  • Page 5 Advertisements
    • 65 5 T f: r? ul Pan Ants New Clipper Class DailyTb Los Angeles. BALLY of Switzerland meets die challenge of today J ftibfti A member of the MBM Group The Best of BALLY Is To Be Found At MELVX/AINI boutiques hommes #02-74/75, Shaw Centre Tel: *****42 #02-23, Plaza Singapura Tel: *****29
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    • 140 5 Stay with us for a month. You'll be impressed with the simple yet cosy setting of our spacious rooms. Not to mention, our superb facilities. Like our 24-hour switchboard and maintenance, clinic, fullyequipped health-centre, swimming-pool, washer-dryer and more. Besides, your domestic chores can be arranged by contract. Looking for some
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  • WORLD BACKGROUND
    • 519 6 AFP LAST WEEK'S resignation of Taiwan's finance minister and the reprimand of 15 other financial officials are signs that the reverberations of the Cathay business scandal have yet to die down. Observers say the public want to see "new blood" in the finance ministry,
      AFP  -  519 words
    • 913 6 The economic slide in the Philippines began before Benigno Aquino was killed in 1983. But his death sparked off a massive flight of capital from the country. Now, two years later, economists and businessmen are saying there is light at the far end of
      Reuter  -  913 words
    • 508 6 AP PRIME MINISTER Rajiv Gandhi's popularity has soared since signing the peace accords he hopes will end two of India's bloodiest domestic conflicts since independence 38 years ago. The peace settlements in Assam and Punjab states have been widely viewed as a major political victory
      AP  -  508 words
  • Page 6 Advertisements
    • 168 6 Thai Royal Executive Class. Wfe gp to great lengths to please m m *zZ» JP* V* U t M > *> >>• 1 f-jfe te A mk Our Royal Executive Class offers longer legroom than any other business class. Many more inches of leg-stretching Seats are also extra wide and
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  • BANKING AND FINANCE
    • 510 7 SINGAPORE THE US dollar recovered against most major currencies in moderate late trading on European short-covering to close mixed on balance compared with New York's Friday levels. It closed marginally higher at 2/7590/7100 marks and slightly firmer at 2.2586/2600 Swiss francs compared with New York's Friday 2.2560/90 close
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    • 198 7 Interbank rates at 3pm yesterday: CwvwdM Local dollars to om unit of foreign currency: Wd* 1 1 1 rota* Si Offer ci mttheoman roae parity change US dolor Staring pound Australian dollar NZ dolor Canadian dolor 2.2070 3.0975 1 5548 1 1542 1.6317 2.2080 3.1011 1.5577 1.1614 1.6331
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    • Article, Illustration
      200 7 Asian market ASIAN DEPOSITS rates yesterday closed steady at the opening level in quiet afternoon trading. mCATES the mrip af II» prim kndhi rat» af 12 majar banks op«ritin( in Sngapart laterfcaak depart rates us$ OH* Bid 7 day* 8 1/8 8 1 month 8 1/16 7 15/16 2 months
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    • 34 7 S$ Interbank rates at 3pm yesterday: Offer M Over night 5 4 7/8 1-month 4 1/2 4 3/8 2-month 4 9/16 4 7/16 3-month 4 11/16 4 9/16 Overnight mode: 4 1/2
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    • 344 7 BA Futures Inc IN LINE with the firm Chicago IMM closing last Friday, Earedellar futures opened sharply higher at Simex. The September contract opened at 91.91 but trading was quiet ahead of the US GNP data release today. Liffe opening saw prices easing with the September contract Anally settling
      BA Futures Inc  -  344 words
    • 267 7 HONGKONG: GOLD yesterday closed easier on fairly actiye local profit-taking sparked off by a late recovery in the US dollar exchange rates. The bullion price settled at U*****.30/80 against Saturday's close here of $341.50/342.00 and New York's Friday close of $338.50/339.00. On the local market, gold finished HK$l below
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    • 774 7  -  J 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 ABOUT THREE WEEKS ago
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  • Page 7 Advertisements
    • 327 7 Isn't it time your reports were as smart as you are? c** rJS"- <* ei v Many bright executives are discovering that poor presentation is making some of their best ideas look dull. Up until now text and graphics were separated into two different pages. Touchscreen II from Hewlett-Packard enables
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  • FEATURES
    • 521 8 IT CAN BE A SURPRISE to the average Singaporean, well ensconced in his modern high-rise apartment overlooking a grid of beautifully paved highways, when his standard of living is compared not with Japan's or the smaller cities of the US, but with those of Israel,
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    • 968 8  -  Intelligent buildings one way American developers hope will attract tenants during the current glut of new office space. From video conferences to energy control, high-tech security to electronic mail, smart buildings are revolutionising office life. ROBERT STRAND reports. ROBERT STRAND UPI THE SMART buildings
      UPI  -  968 words
    • 1031 8  -  By ROBERT DOHERTY UPI A US SENATOR calls them "high-tech death". A medical expert calls them the street drugs of the future. They also are legal. They are all talking about "designer drugs" the synthetically made, highly potent, inexpensively produced, enormously profitable narcotics that appeared in California
      UPI  -  1,031 words
  • Page 8 Advertisements
    • 184 8 MAURITIUS The unspoilt beauty. Mauritius isn't just another LO tropical paradise like those next door. m (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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  • SPORTS
    • 613 9  -  By ANNA TEO NOT MANY PEOPLE like to attribute success or failure in sport to chance, but in yachting more than any other sport perhaps luck is a major factor in any race strategy. Take, for example, our maiden yet laudable Admiral's Cup effort. While
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    • 231 9 Reuter BRITISH OPEN champion Sandy Lyle upstaged a world re-cord-equalling birdie bust from fellow Briton lan Woosnam by shooting an eight-under-par 64 to snatch a one-stroke victory in the York golf international competition on Sunday. The muscular 27-year-old Scot crowned a marvellous month which
      Reuter  -  231 words
    • 261 9 Reuter AMERICAN John McEnroe took advantage of Ivan Lendl's three double faults in the eighth game of the second set on Sunday to score a 7-5, 6-3 victory over the second-seeded Czech in the finals of the Canadian men's tennis championships. It was
      Reuter  -  261 words
    • 186 9 Reuter AMERICAN Kathy Rinaldi thwarted Steffi Graf's bid for her first professional title with a 6-4, 3-6, win in the final of the Mahwah Women's Tennis Classic in New Jersey on Sunday. Rinaldi, 18, seeded sixth and ranked 11th in the world, scored a service break in
      Reuter  -  186 words
    • 335 9 AFP AMY ALCOTT knocked in a two-foot birdie putt on the second hole of a sudden-death playoff on Sunday in Buford, Georgia, to beat Patty Sheehan and capture the LPGA Nestle world championship of women's golf. Alcott, claiming the U5565,000 first prize in the
      AFP  -  335 words
    • 337 9 Reuter THE EUROPEAN Ryder Cup team that will meet the US at the Belfry, England, from Sep 13 to 15 was completed with the addition of Britons Nick Faldo and Ken Brown along with Jose Rivero of Spain. European non-playing captain Tony Jacklin, a former British and
      Reuter  -  337 words
    • 513 9 Reuter NIKI LAUDA, the 36-year-old master of the dramatic comeback, came within a whisker of a dream Formula One finale before his home crowd in Zeltweg, Austria, on Sunday. The Austrian driver, who a day earlier announced be would retire at
      Reuter  -  513 words
  • Page 9 Miscellaneous
    • 1242 9 wswmswmsm Bm Stevenson, the artistic director of Houston Ballot, with studonts of tho Poking Danca Acadamy PAS DE DEUX A Danca of Two Countriaa 8.00 pm, Channal 12 East and West meet in this study of how Houston Ballet's artistic director, Ben Stevenson, introduces two of his most acclaimed works,
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    • 52 9 Play gol£ the Sevvy way IAN BAIL IS V/ERV DEEPLN BURIED IN LONG GRASS UP TO NW ANKLES. OR HIGHER,THEN I SETTLE FOR AVNEDGE SHOT BACK ON TO THE FAIRWAN OPEN THE STMC£ AND OPEN THE CUJBFACE.,.. STPRTING FRON\ SQUARE THE FACE COULD BE CLOSED AT IMPACT...THIS IS TO BE
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    • 669 9 iMWKWDiaB CRYPTIC PUZZLE ACROSS 3 Triangular part of a model tank (5) 8 Where alcohol is the anaesthetic? (5) 10 Pressed to process a drug out East (5) 11 Leading spinner (3) 12 They show where things ore better than they were (5) 13 With which to pinch some things
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  • INTERNATIONAL COMPANY NEWS
    • 874 10 Intense rivalry between the MERC and Board of Trade NYT FOR YEARS, the Chicago Mercantile Exchange was known (or having the hottest ideas around. It pioneered trading in currency futures and livestock futures. But now its creative juices, some traders say, seem to
      NYT  -  874 words
    • 98 10 UK more likely to sell Cable Wireless shares Reuter THE LIKELIHOOD of a sale soon by the British government of Cable and Wireless shares has increased owing to the delay in the privatisation of British Airways (BA), government sources said. The Treasury was counting on the BA sale to meet
      Reuter  -  98 words
    • 757 10 Reuter THE US STEEL INDUSTRY is poised for some reversal of its misfortunes in the coming months as an expected fall-off in imports and an improvement in the US economy contribute to better second-half results, analysts said. "It appears that the
      Reuter  -  757 words
  • Page 10 Advertisements
    • 196 10 Wiit&et te wim, Him eat The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself to
      196 words
    • 135 10 w jjsatkt at Kolnfts mm m 13 Jk v% They are the Baybelles from the heart of Manila. They'll take you through a lively trip of hot disco music and popular favourites. They'll keep you in tune with the times and give you an evening you won't forget. Watch them
      135 words
    • 78 10 S5 4 I o > v«..« Specialized in: HONG KONG DIAN XIN CANTONESE CUISINE Business Hours: 11.00 am 2.30pm (Sundays Public Holidays: B.ooam 230pm) Dinner: 7.00pm 10.30pm PRESIDENT MERLIN HOTEL 181, Kitchener Road, 1 Singapore 0820. Td: *****22. m -.4 2 m i I \aa Farm tabed and tad. this
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    • 129 10 m V 0 m y f A oe Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. Special business lunch at $16 each and $20++ each (mln. 2 persons). Over 50 a la carte specialities are also available SINGAPORE HOTEL 10
      129 words
    • 157 10 For authentic Teochew delicacies, come to F&ng Cheng Lou A 4* Special Family Menus 120* Pltnu (for 6 persons) Crown Mnct s three dish combination Teochew soyed goose meat Dried scallop with green vegetables Braised duck with lemon in soup Steamed pomfret Dessert $SO*~ Menu (for 4 persons) Feng Cheng
      157 words

  • ASIA NOTES
    • 347 11 HONGKONG: The Hang Seng Index yesterday rose by 11.14 to close at a 1965 high of 1711.51, after fairly active buying especially in Cheung Kong and its affiliates. The close is the highest since Aug 24,1961, when it gained 1.43 to 1717.27. Turnover rose to HKJ318.85 million from $306.03
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    • 204 11 AUG t* nr$ Lian Hwa Indus Non Ya Ptos 9 30 21 40 unch -02 AJ Socari hdus Alio Cement 297 2000 0 23 unch Paohc Cans 13 85 unch Cathay Com 22 1 unch Wire 1205 005 44 20 -02 0.85 Chan Loong 1430 005 11 45 -0
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    • 354 11 TOKYO: Share prices closed higher, the fifth successive advance, led by a modest rally in large-capital issues such as steels and heavy industries amid otherwise dull post-holiday trading. The market average ended at *****.05, up 27.74, compared with last Saturday's 29.23 gain, on a volume of 370 million shares
      354 words
    • 92 11 MANILA: Share prices closed generally easier in quiet trading. The Commercial and Industrial Index was up 0.37 to 137.30, while the mining marker shed 0.19 to 639.31 and the Oils Index eased 0.003 to 0.737. AUG 19 NM MoretMt Oriental B 0013 0001 Acoja Mining PMt> B 0.12 -0
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    • 347 11 SYDNEY: Australian share markets closed easier in spite of an investor rush on gold stocks which pushed the sector to record levels, brokers said. Strong support for leading gold stocks followed sharp gains in world gold prices, but did not carry over into other sectors. Ner- vousness ahead of
      347 words
    • 74 11 AUG 19 WM 675 •1 Hywdoi Const Hyvrtdoi Motor KAL. 898 889 427 unch +43 •1 Chohaung Bk 6S0 +4 -3 +4 Korea Fr»t 720 -10 11 +6 CwJNIlUwO) Mb.•••••• Dooim M 452 Yukooa 1397 380 453 unch Lucky Ltd 620 -7 660 17 700 483 +4 813 3
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    • 155 11 BANGKOK: Shares closed lower in moderate trading which centred on finance and cement groups. The Book Club Index fell by 0.05 point to 138.05. Losers led gainers by nearly a four-to-one margin. Turnover stood at 453,033 shares worth 74.7 million baht compared with the previous 351,366 shares worth 63.6
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    • 60 11 AFP INDUSTRIAL BANK of Japan will form a joint venture in Shanghai to build two 40-storey office and apartment towers. The official Xinhua News Agency reported on Friday that the international trade centre for foreign business personnel would be located in the Hongqiao Development Zone, 6.5
      AFP  -  60 words
    • 271 11 Reuter JAPAN'S private sector capital outlay is expected to slow in the last quarter of this year, though a 10.8 per cent rise is projected for the whole year after an 8.8 per cent gain last year. The Economic Planning Agency (EPA) said
      Reuter  -  271 words
    • 206 11 AFP CHINA'S north-west Gansu province has established its own airline, Blue Skies, to ease transport bottlenecks. An inaugural flight to the provincial capital from Tianshui, an industrial town in eastern Gansu, was completed on Thursday following opening ceremonies for the new airline in Tianshui, Ji
      AFP  -  206 words
    • 79 11 Reuter SYNDICATION for Hyundai Heavy Industries Co Ltd's US$l37 million financing facility has been completed. Lead manager Chemical Asia Ltd said the package, consisting of a $104 million 20-month pre-deliv-ery facility and a $33.4 million five-year post-delivery facility, will fund the construction of four semi-sub-mersible oil
      Reuter  -  79 words
  • Page 11 Advertisements
    • 554 11 Rdr Business Or Pleasure, Lunch At THe Elizabethan Grill Tbday'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
      554 words
    • 74 11 Savoury Delights Await Yon At 7: o I O 5^ Hong Kong Dim Xih available daring buck! m m m K2 Gggaw restaurant u TP M Serving a wide range of Chinese Hunan specialities in an elegant setting. Convenient location; easy parking Hotel Meridien 3rd Storey (near hotel lobby) 100
      74 words

  • RAW MATERIALS
    • 180 12 SINGAPORE THE MARKET yesterday closed slightly lower with September One RSS buyers quoted at 166.00 cents per kilo, down 0.50 cents from last Friday. MALAYSIA The absence of Inro's buffer stock manager (BSM) and lower Japanese advices saw the market ease slightly to close at 185.25 cents per kilo,
      180 words
    • 165 12 THE MALAYSIAN crude palm oil market yesterday ruled weaker at midday in quiet trading on selling interest following a lower Chicago soyoil futures close and India's passing on its weekly vegetable oil tender last week. August deliveries were quoted at MsBlo per tonne bid and $820 asked, with
      165 words
    • 174 12 Singapore (S$/kito, «x-godown) Fragrant new crop 1st 080 2nd 058 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-super 054 Special 052 Thai Rice 55% no stock China Rice 10% no stock 15% 075 25% no stock 35% no stock Thai Boiled Rice 5% 060
      174 words
    • 616 12 COFFEE ROBUSTA coffee futures yesterday pared early gains to stand £18 to £2 a tonne up on Friday's close at midday in very thin volume, with sellers mainly nervous and withdrawn. At midday, second position November was £14 up from the previous close at £1,701 in a £1,707/1,690
      616 words
    • 187 12 Reuter THE International Natural Rubber Organisation (Inro) will hold a special session on Sep 3 to decide on a replacement for outgoing buffer stock manager Harvey Adams. Inro sources yesterday said the only candidate for the post, which becomes vacant in November,
      Reuter  -  187 words
    • 97 12 THE KUALA LUMPUR tin price yesterday rwe four cents to M$3Ml a kite. JThe rise was attributed to a steady London ctese and con tinned sappart by the ITC buffer stack manager, with same tecal interest alss noted. Velame sf tin offered increased ta 81 tonnes frem 89
      97 words
    • 152 12 Yarn (la HK$ per bole of 400 lb) China carded yarn. cones Blue Phoenix 16's 2,500 Blue Phoenix 20's 2,550 Blue Phoenix 32's 3,000 Blue Phoenix 40"s 3,350 Girded yorn, honk Blue Phoenix 21'* 2,800 Combed yorn, cones Bfcje Phoenix 32's 4,200 Blue Phoenix 40's 4,400 Open-end yarn 2,350
      152 words
    • 285 12 RAS prices m M cants/kg, FOB in 1 kot« NOON CLOSf m c M Int 1 RSS Prompt 168 00 169.00N 166 50 167.50N Int 1 RSS S«pt 85 167.00 167.50 166.00 166.50 Int 1 RSS Oct 85 164 00 164.50 163.00 163.50 Int 2 RSS 160.50
      285 words
    • 102 12 (cents/kg, 1-ton scrr 85 OCT 85 (current month) (forward month) NOON NOON RAS fciy®rs Sttare StUcri SSR 20 139 50 141 SON 140 50 142 SON SSR 50 137 50 139.50N 138 50 140 SON MRELB fcyifl S«<«n >I X SMR CV 185 00 187 OON 186
      102 words
    • 68 12 Roburta 20/25% 430.00 FOB NSW Nutmeg 479.00 110 FOB NSW EAW FOB NSW 338.00 Gombier FOB NSW 330.00 London Commodity Exchongo Sflttw' doM§ pric m em Ana 16 (US$/U*f tOMM porn, mUm otkm OF Enreeeoii n%» «tetmi) Pepper (Sarawak) Foq, spot 4000 Whit* faq, afloat 4000 wmrt roq
      68 words
  • Page 12 Advertisements
    • 775 12 20.158 20,748 (2.8) 21.796 23,589 (7.6) OVERSEAS UNION BANK LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Bank Limited wishes to announce: The Bank The Group Six Months Six Months Six Months Six Months to 30.6.85 to 30.6.84 to 30.6.86 to 30.6.84 +/<
      775 words
    • 300 12 V OVERSEAS UNION TRUST LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Trust Limited wishes to announce: UNAUDITED RESULTS FOR SIX MONTHS ENDED 30 JUNE 1966 Six Months Six Months Increase/ to 30.6.86 to 30.6.84 (Decrease) After Deducting Depreciation on Fixed Assets Depreciation
      300 words

  • SHARE INFORMATION
    • 4211 13 INVESTORS' trading interest revived slightly yesterday on the Singapore stock market but share prices closed narrowly mixed in moderate volume on some profit-taking. The BT Composite Index tacked on 0.12 point to 653.17 while the Straits Times Industrial Index gained 0.50 point to
      4,211 words
    • 234 13 SINGAPORE Rites MAA 3390 D»H D»r 555 Km* toe 50c 297 1M Tm 2lt Mm AaSOt 235 Daya* M 176 K—*»dnr Wt 294 G 1 HM* SO, 248 KM* EM S0« 155 MB JOC TO M 235 Ball* 150 35 35 28 26 23 22 19 19
      234 words
    • 3929 13 BID ami offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word -SETT".
      3,929 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 482 14 MBF HOLDINGS Bhd plans to move into the financial services industry in Australia in a bid to enhance its status as a major regional financial institution, its managing director, Datuk Loy Hean Heong, said. He said the move to Australia was part of MBf s
      482 words
    • 519 14 BANK BUMIPUTRA Malaysia Bhd has reorganised its management and organisational setup as part of the measures to revamp all its departments and operations. The streamlined organisation follows the boardroom shake-up early this year and the appointment of Tan Sri Basir Ismail and Mr Mohamad Taufik Datuk
      519 words
    • 95 14 HONGKONG Friday 388.7 Week ago 1382.1 Hang Seng Index Monday 1711.51 NEW YORK Friday 1700.37 Week ago 1699.43 Dow Jones Friday 1312.72 TOKYO Thursday 1317.76 Week ago 1320.79 Tokyo Dow Jones Monday *****.05 Friday *****.08 Standard Poors Week ago *****.64 Friday 186.12 Thursday 187 26 TSE Index Week
      95 words
    • 232 14 Managers' prices MARA-Bumiputra for Aug 20 First B'putro 5.06 5.11 Singapore Unit Trust Second B'putro Third B'putro Fourth B'putro 4.59 4.64 3.81 3.86 The Commerc* 1.66 1.76 4.18 4.23 2.78 2 83 2.74 2.79 1.78 183 3 80 3 85 3.27 *3 32 2 89 2 94 The
      232 words
    • 102 14 MR SHARUDIN bin Mohd Yusuf has resigned as the company secretary of Pelaagl with effect from Aug 13 and Mr Lawrence Lee Kim Seng has been appointed in his place. MPH INVESTMENTS (Singapore), a subsidiary of Jaek Chla-MPH Ltd, has purchased on Aug 16 an additional 8,000 Hetel
      102 words
    • 434 14 DIVERSIFIED group Kumpulan Emas is further extending its plantation activities with the acquisition of a cocoa plantation in Sabah for M 53.2 million cash. Kumpulan Emas said the 332 hectares of mature cocoa trees in Lahad Datu were being bought from
      434 words
    • 409 14 BUYERS once again dominated trading on the Kuala Lumpur stockmarket yesterday and many industrial counters closed with sharp gains in spite of some prof-* it-taking late in the afternoon. As a result, a few stocks closed off-best but the overall trend was firm as
      409 words
    • 2960 14 fOUSTMALS A Choc (2.005) (2) 2 00 ABB (.0.9IB) (5) 0.97 (1) 0.94 (SM) 0 92(1)0.91 Alcom (0.975) (17) 0.96 (17) 0 98 (29) 0.97 AMD (3.468 3.505) (5) 3.24 (23) 3 30 (1) 3 28 (7) 3.34 0(37) 3.32 (5) 3.36 (10) 3.40 (16)
      2,960 words
    • 717 14 Current Ex Books Date Totol for Total for payment dote dote payable the year last yeor A B N 13%l Aug 19 NYA NYA 13% 26% Alex Hldgs 6%<b) Sep 6 Sep 13 Sep 28 6% 6% Ambassador 7'/i %(b) Jun 24 Jul 1 Sep 16 7W% 7W%
      717 words
    • 465 15 OVERSEAS Union Enterprise, the owner and operator of the 1,075-room deluxe Mandarin Hotel in Orchard Hotel, has joined the ranks of companies severely hit by the slowdown in the hotel industry. For the six months ended June 30 this year, OUE the property and
      465 words
    • 168 15 KIAN JOO CAN Factory Bhd has broken the monopoly long held by Firaa Metal Box for the production of beer and beverage cans. The company said yesterday that it had obtained approval from the Malaysian. Ministry of Trade and Industry for a manufacturing licence to
      168 words
    • 717 15  -  Key role in a second salvage plan for Associated Hotels By CHAN OI CHEE THE SINGAPORE Tian Teck group is playing a key role in a rescue operation to salvage Hongkong-listed Associated Hotels Ltd (AHL) which when completed will give it up to 67 per
      717 words
    • 577 15  - Industrial Commercial Bank earnings fall 23pc to $8.5m By RAMESH CHANDIRAMANI THE EARNINGS slowdown at Industrial k Commercial Bank Ltd, which began during the second half of 1964, has continued to affect the banking group's profitability during the first half of the current financial year. For the six months ended
      577 words
    • 373 15 LANDMARKS HOLDINGS Bhd is rrtaking a bid to take over a building construction company as well as acquiring a controlling interest in a rubber products manufacturer. It has proposed to acquire the entire share capital of Indra Setia Construction for
      373 words
    • 110 15 HWA HONG Corporation Ltd is moving to acquire compulsorily the outstanding shares in People's Insurance Co Ltd after having taken its stake in the company beyond the 90 per cent mark. Hwa Hong disclosed yesterday that as at spm on Aug 16,
      110 words
    • 157 15 VAN DER HORST LTD has provided a detailed up-to-date listing of its major shareholders. The largest single shareholder is Associated Management Services (Pte) Ltd which owns 9.53 million shares or 24.9 per cent of Van der Horst's issued capital. Edward Kim Hai Goh,
      157 words
    • LATEST RESULTS
      • 43 15 In- dustries Ltd: Group pretax profit fell to $4.26 million ($4.67 million) on turnover of $176.37 million ($149.59 million) for the half-year to end June. The group's after-tax earnings were $1.80 million ($2.62 million) giving EPS of 2.37 cents (3.78 cents).
        43 words
      • 36 15 Bhd: Group pre-tax profit rose to M 51.52 million ($687,414) on sales of $69.57 million ($55.26 million) for the full year to end-April 1985. Group profit after tax was $195,013 (loss of $338,982).
        36 words
      • 45 15 Industries Bhd: Group pre-tax profit of M 51.06 million ($343,000 loss) on turnover of $3.95 million ($3.39 million) for the half year to end-June 1985. Af-ter-tax profit of $678,000 ($549,000 loss) giving an EPS of two cents (loss per share of three cents).
        45 words
      • 44 15 Hotel Bhd: Group pre-tax profit fell to M 55.95 million ($6.24 million) on turnover of $21.06 million ($21.43 million) for the first six months to end-June 1985. After-tax profit was $3.69 million ($4.59 million) giving EPS of 0.04 cents (0.05 cents).
        44 words
      • 36 15 Malay- sia Bhd: Pre-tax profit rose to M 53.59 million ($3.03 million) while af-ter-tax earnings were $2.13 million ($1.94 million). An interim dividend of 25 cents (24 cents) per share gross has been declared.
        36 words
    • 773 15 EQUITIES drifted quietly lower throughout the day yesterday (or want of support and showed no reaction to the 0.6 per cent rise in UK second quarter gross domestic product. At 3.90pm, the FTSE 100 was down 4.4 points at 1,294.7. Among leaders, ICI lost 2p to 652, while
      773 words
  • Page 14 Advertisements
    • 315 14 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 185 AND MK ART CRAFT (PTE) LTD (IN VOLUNTARY LIQUIDATION MEMBERS' VOLUNTARY At an Extraordinary General Meeting of MK ART CRAFT (PTE) LTD duly convened and held at 6001 Beach Road #16-04, Golden Mile Tower. Singapore 0719 on Thursday the 15th
      315 words
    • 309 14 ACT, CAP. 186 AND ALOHA MANAGEMENT SERVICES (PTE.) LIMITED (IN VOLUNTARY LIQUIDATION) Members' VtluUry VMtag Vf At an Extraordinary General Meeting of ALOHA MANAGEMENT SERVICES (PTE.) LIMITED duly convened and held at 1 Colombo Court #07-07 A, Singapore, 0617 on Thursday the 15th day of August 1985 the following special
      309 words
    • 77 14 APPOINTMENT International Trading Company expanding its involvement in import/export of agricultural commodities within the Asia-Pacific area seeks its freight and logistics officer. The successful applicant must have extensive experience in fixing ocean freight as well as following contract execution, logistics, documentation. The job implies close integration with the company trading
      77 words

  • Page 15 Advertisements
    • 329 15 NOTICE OF PINAL MEETING IN THE MATTER Of THE COMPANIES ACT. CAP. ltt Aa« IN THE MATTER OF MING SENG HOLDINGS (PTE) LIMITED (MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HERBY GIVEN that pursuant to Section 308(1) of The Companies Act, Chapter 185, the Final Meeting of the members of the abovenamed
      329 words
    • 47 15 This announcement appears as a matter of record only August 15, 1985 □LS ORIENT LEASING SINGAPORE LIMITED (Incorporated in Singapore) 5520,000,000 8 Per Cent Guaranteed Notes Due 1990 Unconditionally and irrevocably guaranteed as to payment of principal and interest by ©DBS BANK DBS BANK UNITED MERCHANT BANK
      47 words

  • 468 16  -  By LISA LEE RELIANCE CONTRACTORS has won a second Chinese contract a US$4O-million deal to design and build a 32-storey condominium and shopping complex in Shanghai for an American developer, Asian Development Corporation. Reliance won the contract for Shanghai Towers in the midst of active
    468 words
  • 384 16  -  By BOEY KIT YIN ACCUSATIONS that the nonaligned movement is anti-US were made in Singapore yesterday by the American Ambassador to the United* Nations, Mr Vernon Walters. In a short but wide-ranging speech at the Regional Language Centre, Mr Walters said: "The so-called nonaligned
    384 words
  • 428 16 A DECISION ON THE survival of Gul Engineering is expected to be reached this month, though most of its 156 employees are reasonably safe from retrenchment. Mr M K A Jabbar, the president of the Union of Keppel Shipyard Employees (UKSES), said
    428 words
  • 96 16 Reuter A WITNESS IN THE Aquino murder trial yesterday said she was promised she would be reunited with her missing mother if she recanted testimony linking a colonel to a military plot to kill the former senator. Miss Roberta Masibay, a step-daughter of Rolando Galman,
    Reuter  -  96 words
  • 143 16 AT LEAST FIVE Taiwanese parliamentarians allegedly borrowed up to US$35 million from Cathay Investment and Trust Company (CITC) in exchange for lobbying for its former owner, a source close to CITC's new owner said yesterday. CITC, formerly owned by business tycoon Tsai Chen-Nan, used to be the
    143 words
  • 153 16 A FORMER secretary-general of Asean went on trial in Jakarta yesterday charged with instigating three guerilla bomb attacks in Indonesia last year. Retired Lieutenant-general Hartono Dharsono, who was removed in 1978 after publicly criticising the government, was accused by state prosecutors of subversion a
    153 words
  • 230 16 Reuter INDIA'S main Sikh political party, the Akali Dal, said yesterday that it would contest next month's elections in Punjab. The Press Trust of India (PTI) said the decision was taken at a meeting of Akali Dal leaders in the Punjab
    Reuter  -  230 words
  • 349 16 ANY HOPE OF A CUT in the level of Central Provident Fund contributions as a means of reducing costs has now been abandoned by the Singapore Manufacturers' Association following Prime Minister Lee Kuan Yew's unequivocal rejection of such a policy on
    349 words
  • 193 16 THE AD HOC Committee of the Malaysian Chinese Association, which resumes work today after a six-week break, is going all out to finalise the party's membership register. Ad Hoc Committee chairman Ghafar Baba, who is cancelling an overseas trip to convene the meeting at
    193 words
  • 95 16 Reuter COMEX GOLD FUTURES continued their rise yesterday buoyed by fears of political and labour unrest in South Africa. Spot gold rose US$3.7O to $341.60. The key December delivery surpassed last Friday's high of $348.30 and climbed to $350.20 on commission house buying before scale-up trade
    Reuter  -  95 words
  • 78 16 THE STOCK MARKET yesterday edged higher in early trading, attempting to pull out of a two-week slide. The Dow Jones industrial average was up a fraction to 1313. Advances led declines by a nine-eight margin on sluggish turnover of 6.79 million shares. Middle South Utilities led the
    78 words
  • LATE FILE
    • 56 16 AFP ANOTHER Filipino journalist was murdered yesterday. Joselito Paloma, 41, a vocal government critic and philosophy professor, was killed before dawn by men who riddled him with bullets while he was in his car. Police said several suspects had been detained. He is the ninth journalist
      AFP  -  56 words
    • 39 16 UPI TWO CAR BOMBS yesterday exploded within 30 minutes of each other in residential areas of mostly Muslim West Beirut, killing at least 25 people. There were no immediate claims of responsibility. UPI
      UPI  -  39 words
    • 53 16 AP PRESIDENT JULIUS Nyerere of Tanzania, hailed as "an old friend of the Chinese people", yesterday received a red-carpet welcome on hit fifth visit to China since 1965. Mr Nyerere is to confer with Premier Zhao Ziyang today and with Mr Deng Xiaoping later in
      AP  -  53 words
    • 53 16 Reuter ONE STUDENT was sentenced yesterday to a year in jail and 23 others for 10 days each for demonstrating against President Chun Doo Hwan. The jail sentences followed Mr Chun's order on Saturday to "safeguard the majority of innocent students from a small number
      Reuter  -  53 words
    • 46 16 Reuter WORLDWIDE maritime unemployment had worsened by Aug 1 when 1.273 vessels were out of commission, against 1,257 a month earlier. Lloyd's, the London shipping register, yesterday said that of these vessels, 337 were oil tankers and '936 were cargo vessels.
      Reuter  -  46 words
    • 49 16 Reuter AN AUSTRALIAN tourist was jailed for 17 years yesterday in Bali as Indonesia stepped up its crackdown on drug abuse. James Cooke, a 28-year-old driver from Sydney, was convicted of selling 40 grammes of hashish. He was also fined five million rupiah. Reuter
      Reuter  -  49 words
    • 43 16 Reuter TEN UNION employees of Sri Lanka's two state-owned banks were sacked yesterday for staging a walkout with thousands of other employees over wage demands. The government last week declared banking an essential service under emergency regulations. Reuter
      Reuter  -  43 words
  • Page 16 Advertisements
    • 69 16 THE 1985 MALAYSIAN ENTREPRENEURS CONFERENCE? YESH A meeting of Malaysian Entrepreneurs on October 4th sth, 1985 at The Putra World Trade Centre. Kuala Lumpur. IF YOU have any business opportunities to offer or share with them, call us NOW! organised by the conference experts: Professional Employees Training Sdn. Bhd. Contact
      69 words
    • 16 16 Philippine* on slow road to rocovory, Pago 6 Cathay scandal continues to dog Taiwan, Page 6
      16 words
    • 151 16 Po l übertu* <HktU jjhubtttui Businessman's Lunch at the Hubertus Grill. •> AUf isejc^ \\y "7^ VIAcHiNt pR,N "BLOC-.1-nUHS' LLASf It must be the most incredible spread atlunchtime anywhere: the $26.50 lunch that offers over 20 different types of appetisers, hot and cold soups, a different roast from the wagon
      151 words
  • Page 16 Miscellaneous
    • 54 16 Outlook for today: Showers in the late morning and eorty afternoon. Report for 24 hours prior to 7 30pm on Aug 19 at the airport: Maximum temperature 32.5 Associated humidity 68 Minimum temperature 24.6 Associated humidity 97 Hours of sunshine 9.90 Rainfall in millimetres 0.4 Rainfall this month 34.3 Rainy
      54 words

  • SHIPPING TIMES
    • 104 17 Reuter ISHIKAWAJIMA-HARIMA Heavy Industries (IHI) said it won an order for five bulk carriers from a group of Norwegian shipowners represented by Bulls Tankrederi A/S and Aaby's Rederi A/S. The 44,600-grt ships will be used to implement a long-term charter contract between Westwood
      Reuter  -  104 words
    • 391 17  -  By LINDA CHEE THE SINGAPORE Freight Forwarders' Association and the Customs Department have started a dialogue to overcome cargo clearance problems at the Tanjong Pagar Container Terminal. The confusion started with a new ruling implemented from Aug 1 that all groupage (consolidated) containers for more than one
      391 words
    • 259 17 Reuter NIPPON YUSEN KK. Mitsui OSK Lines, and Yama-shita-Shinnihon Steamship Co will reorganise the Japan/New York shipping route, extend it and operate it jointly as the wan/Hongkong/Japan New York route from October, a Nippon Yusen official said. He said the change follows
      Reuter  -  259 words
    • PORTSIDES
      • 79 17 Reuter NEW ZEALAND/Eastern Shipping Conference said they will adjust their currency adjustment factors (CAF) to minus two per cent for shipments to Australia and Papua New Guinea from minus four per cent, effective Sept 1. They said they will also adjust the CAF on shipments to New
        Reuter  -  79 words
      • 118 17 Fairplay THE DISCLOSURE that Japanese shipowner Toyo Kisen, based in Kure, has ordered six ships from South Korean shipbuilders has apparently caused much anxiety among Japanese shipyards. Reasons for the decision are not clear, but it is thought to be linked to the restrictions on
        Fairplay  -  118 words
      • 82 17 Reuter A TOTAL of 11 companies from Japan and Western Europe have submitted tenders to build a coal terminal at the north Chinese Port of Qinhuangdao, the New China News Agency said. The agency said the terminal, due for completion by 1988, will raise the
        Reuter  -  82 words
      • 84 17 PLANS BY THE Turkish government to ban Greek merchant vessels from its port may be under consideration but have not yet been put into force, according to the Turkish assistant Prime Minister Mr Mesut Yilmaz. But the attitude of the Greek government is apparently being closely monitored. Last
        84 words
    • 1127 18 Lloyd's Ports Bulletin THE PORT OF HARWICH is determined not to be left behind by its neighbour, Felixstowe, in the planning of new facilities for the *****. Harwich was formerly owned by Sealink Ferries and part of British Rail. It now belongs
      Lloyd's Ports Bulletin  -  1,127 words
    • 241 18 AN INTERNATIONAL bid to select a contractor for the construction of Laem Chabang deep-sea port will be called within the next two months. An official of the National Economic and Social Development Board told Bangkok Post that an engineering consultant firm is currently working on
      241 words
    • 156 18 CLARKE CHAPMAN Marine has obtained an order to supply mooring and cargo winches together with the steering gear for four SD King 15 cargo vessels ordered by Cuban interests. The 15,150-dwt vessels, the latest version of the successful SDI4 design, are being built
      156 words
    • 693 18 AB Shpg V 5 Afea Line VI 3 A PC Line V 4 APL III 2/3 Anro Service IV 3/4 ANL 1 1 ASCL IN 1 Bait-Canada Line VII 4/5 Bait-Orient Line VH 4/5 Bank Line V 5 BBS II 4/5 Ben Line Cont V 3 Ben
      693 words
    • 1321 18 VERY quiet chartering onFrlday is reported throughout the freight market with no new iron ore and coal fixing seen and with limited business confined to the grain and time-charter sectors, brokers said. Shippers covered grain from the US Gulf to Taiwan at the slightly higher level of US$l2
      1,321 words
    • 227 19 Reuter, AP A BELGIAN tanker, laden with kerosene, apparently attacked by Iranian aircraft is proceeding under its own power to UMM Said pilot station in Qatar and may have a live rocket on board, Lloyd's Shipping Intelligence said. The 26,134-grt ship, the Bel-gian-registered Naess Leopard,
      Reuter,; AP  -  227 words
    • 371 19 Lloyd's List A LEADING UNITED States rig owner is planning to sell US$BO million worth of equipment in a move which underlines the continuing uncertainty about prospects in many sectors of the offshore market. Sedco Forex wants to sell four drilling rigs
      Lloyd's List  -  371 words
    • 164 19 THE UTILISATION RATE for offshore mobile rigs in the US Gulf of Mexico reversed its downward trend and moved above 70 per cent last week. A gain of 1.5 points was registered in the Gulf rate, moving it to 70.4 per cent.
      164 words
    • 273 19 UPI LONGSHOREMEN refused to unload a ships cargo from South Africa for nearly 12 hours on Sunday after anti-apartheid pickets showed up, then bowed to legal pressures and went to work. About 50 members of International Longshoremen's and Warehouse Workers Union
      UPI  -  273 words
    • 202 19 S*pt 15-19 74th annual convention of the American association of Port Authorities, Portland, Oregon. B«pt 15-19 Cadmo 86, international conference on computer aided design, manufacture and operation in the marine and offshore industries, Washington, DC. S«pt 15-20 Insurance of target risks in Af-ro-Asian countries, Federation of Afro-Asian Insurers
      202 words
    • 188 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 EABT/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAUS/AUSTRALIA): Australian National Line. Australia/Straits Container
      188 words
    • 4916 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      4,916 words
    • 633 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Gang Pioneer 8 ***** 2200 USL F7 0800-0900/1300-1400 L3 Or Chief 44E ***** 1600 Jardine Fl 0700-0800 G3 Nihon 274 20.8.85 1700 Ned-EAC F7 0800-0900/0700-0800 P2/S2 N
      633 words
    • 1630 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Boustead Shpg Agencies Afeo Lme Atricon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) Multiport Sdn Bhd (PK)
      1,630 words
    • 320 26 AT CONVENTIONAL WHARVES VMNi Barth Arrival Departure KEPPEL WHARVES Angelique Kl6 alongside 20.8/0600 Frotasantos K33 alongside 20.8/1830 Gnga Maru K11 alongside 20.8/1000 Golden Orchid K32 alongside 20.8/2300 No 8 Donam K21 alongside 20.8/0600 Pyramids C13 alongside 20.8/2300 Rainier Pine K28 alongside 20.8/0600 Ravidas K10 alongside 20.8/1000 Seria
      320 words
    • 287 26 AFP DISMAL conditions prevailed on the tanker market over the past week, with caution heightened on all sides by news that a major Japanese shipowner was experiencing financial difficulties and reports of an Iraqi air attack on the older "T" terminal at Kharg Island, Iran's principal oil installation.
      AFP  -  287 words
  • Page 17 Advertisements
    • 675 17 Monthly from Pitman Available at all good bookshops and newsagents 111 Times 111 IU Distributors A MEMBER OF THE C.Y. TUNG GROUP Orient Overseas Co*Lu*t* Line Agents: «N» JMDM SWTfB MEMOES (R«t 2428M/OOK) mi 70 Sherton Wiy *0443 ttarma Howe S«n»pore 0207 mm Id *****11 Ida NO RS ***** Cfs
      675 words
    • 67 17 UMIIDB THE PORT OF HARWICH is determined not to be left behind by its neighbour, Felixstowe, in the planning of new facilities for the *****. Page II A LEADING UNITED States rig owner is planning to sell US$BO million worth of equipment. Page 111 Index to advertisers II London freight
      67 words
    • 1185 17 3UO FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE P«nang Vessel s pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA *Sappore Closmi lacs a 19/1 7300 HRS crs 19/8 0700
      1,185 words

  • Page 18 Advertisements
    • 475 18 Lit YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific North Wml Feeder at Koba Faadar at Tokyo MoOmi VSL LA/IB OM Mtfhet *11 »T HQ P. ARRON 21/9 24/9 U RBS 21/1 22/ BEBMI a 21/5 1/1* TOKYO a 27/9 21/ l arouo s/ie a/ia mvu 9/ie 10/ ymmsmi a 12/10 is/ia
      475 words
    • 249 18 11 'mail Supercarrier Service ft ROSARB MHO tfCTOB N lOOCS TO NEXT ARRIVALS BARBER TO6A 10/8. N ROCHESTER t/9. BARBER TAMPA 6/9. N ROTTERDAM 26/9 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA to Pert Salad 2/1 l/» 12/9 11/9 11/9 23/9 29/9 1/19 7/19 13/19 17/19 22/19 21/9
      249 words

  • Page 19 Advertisements
    • 890 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok m ran/zi 23-24 tin km 3031 M BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 sou STINTS STM stunts rant RAJAH HOOK STRAITS VENTURE aONT Vl3 KBelait. Mm Vl( Lab. KK VII SU«. Tata. 10 V2l Maara
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    • 453 19 M.V. AVENIA DWT/GRT 1064/491 BRITISH FLAG FREE S PORE 20 23 AUG '85 OPEN FOR BOOMNG/VOY CHARTER TO: EAST AFRICA/RED SEA/PERSIAN GULF PORTS SINGAPORE AGENTS: MAGELLAN MAJtfTM SERVICES PTE LTD TEL *****66 TLX: ***** MAGMAft franco Belgian Services MtMBtR OF ACfc CONSORTIUM: f«r £a~A. Be ,*vi« >jr iil CHARGEURS RE
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  • Page 20 Advertisements
    • 503 20 AM u Hapag-Lloyd TO CONTINENT/UK EXPORTS Bay Or ft EdMvfk Fraokhrt Eipress Car<fc(an B» UMtol Mara Liverpool Bar On cvmgc to Scandbuwa, Med, Carribean tS. America Wand haulage to Maud destinations in Europe TO EUROPE MED Spore PKetanf Penati(Leuoesßfcao Genoa Hbu[ Rdan Bharen Antwerp 1/9 U/> 13/9 J/10 12/11 23/10
      503 words
    • 427 20 M S LINE tout 1« 7u LL Y CO NTAINERISED S EJ* VI C E TO EUROPE VIA SUEZ "1 ol tfw Acr ComortMn 10 9 I? 9 14 9 1/9 17/9 19 9 219 (24 9) .'4 9 76 9 28 9 <110) 1 10 310 510 810 FROM
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    • 487 20 Hai Sun Hup Co (Pte) 1 TEI *****06 (?0 Lines) Tl R*****1 Ltd K R*****2 m INTERMARITIME LTD K. Knabaiu Trt *****0 WTO Marta Tal; (***** SE MV SARMA V 64 U M. ¥65 n »/j v m 24/9 REU SIM 27/9 DM >« 1/1# a Loadmg at appropriated Barth
      487 words
    • 416 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) ALSO ACCEPT* CARGO TO 1) nOWOKX. KMBBK. SAVANNAH BOSTON PMLAOELPMA. NORFOLK MCXSONMLLE NRMBKTON ETC 2) atlanta. cwcmo. BETBon. Columbus t ona nun mcbobnmge ocstimtkms 3) CR6TOBAL BALBOA PANAOM an. COLON SAB MAN SANK) DOBBNGO KV ORLEANS HOUSTON MA UNGSTON 4)
      416 words
    • 243 20 mSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES I l sr irsr KYOWA LINE TO PAPUA NEW wvwm/ SOUTH PACIFIC SfOK LM*|tar SUN CORAL 21/« I*. KkU. ft**. S.C Mu Kctptaf tmtm tm FU (3Bw/l*Rofcj md 1 «CHC Nrti) SUN UNION LINE m m TAIYO MARINE LINE WEST
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  • Page 21 Advertisements
    • 753 21 V\v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street 03-00 Singapore 0106 Tel *****33 EAST AFRICA/RED SEA SERVICES BEfMERA, ADEN, HOOEIOAH, JEDOAH, PTBUOAN, AQABA, MOMBASA, O BALAM HOOEIOAH. JEDOAH, PT SUOAN, AQABA DJIBOUTI, ADEN. HOOEIOAH, JEDOAH. AQABA MOMBASA, D'SALAAM, MAPUTO. OUBSAN ADEN, HOOEIOAH, JEOOAH, AQABA DJIBOUTI, HOOEIOAH, JEDOAH WT SUOAN,
      753 words
    • 629 21 BENLINE CONTAINERS EXPRESS COOT MO SERVICE FROM UK/CONTMEOT ALL VESSELS ACCEPT TRAftSHPMEMT CARGO EAST MALAYSIAN PORTS KkJJEBSEN LINE NEW ZEALAND TO NEW ZEALAND. PAPUA NEW GUINEA Kin AND SOUTH PAOFIC Accapt* Fa MB ia MMMNC. ttTA. RABAUL. KMK UKK ALOTMJ UNTO MLA VM LAC PORT MOBTOV VM HONGBONG ACCfPTK Ed
      629 words
    • 403 21 DJAKARTA LLOYD INDONESIAN NATIONAL t INF BUS Ml YOKOHAMA KOK RMMSMB M lUWPMT V23/M 14/1 17/1 22/1 24/1 1 2t/l GOW« m m 24/1 27/1 29/8 2/9 4/91 9/9 ik». .w.lumh.AV a t,> '"t'K"" EKA JAYA AGENCIES Viepho.l. AM SISAL PTE LTD (1 f>MN RORO CONTAINER SERVICE 10 FROM AUSTRAI
      403 words
    • 579 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR mm corporation (Burmese National Line) loadng for Ranfoon Sport PJtobai Ptnya ittm G* KlO hfwt/21 A* Phashwtfyawywa V257W 22/23 An| Hiuli»H>n>w V2S7W 21/31 taf f I rW RRWPi HHWW BANK LINE SPORE R'DAM HULL HMBG fVYBAHK 3 Sep 28 Sep 6 Oct 2 Oct
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  • Page 22 Advertisements
    • 1278 22 K LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE keder *si mother *si ASM SIM V 39 MARtTSA SKNTIS *1703 Spore 17 Auf rue It Au« rm 21 Ayf spore 23 hut KOBE 7S* GUAYAQUICMIM Oct 2 No. N»» IQUQUE 7 Not AfAGASTA S ANTOHO *ALPARABO I Not 11 Nn 13 Not
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    • 570 22 'M CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loMkr* tor LOS ANGUES SAN FRANCISCO SEATTLE TACOMA VANCOUVER BC Accepting FCI FCL Contwms P Kdin( S«M*'* t Aflfdes IARATEWU".. 15/U Sopt U Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accepting Ftt/FO Containers UMULS V 24 I/? Sept 3/4 Sept 23 Sept 11 Sept
      570 words
    • 587 22 1. meroexa 2. SUN LOTUS 3. SUN BUM) 4. FUKUZMtI MAW 5. NTTO MMHJ Pleta* Paoa* M R/21 tai K27/21 k| 22/23 AH| 21/23 k* 24/25 A* 25/27 fa| 21/29 ta| 21/30 31/1 Sept GOLDEN LINE GUM GUM SMPfIK (PIE) LID lM| ta« Pimm* Mi M*« M C*d IM. iim
      587 words
    • 409 22 INTRASEA (PTE) LTD 10 Ansoo Road s2 7 16 Inte'naliorM 1 P <*'<* S'nyapo'e 0207 Tet *****1 i 1 (l nes <► BREAKBULK SERVICE TO EUROPE/UK S'per* P. Ulh|Lm*| terDANAKOS BBSS9II SJM 27/« ROTT/ANI/M. (MOM) FORT VICTORIA KSMU 2t/l ROTT/MfT/VJI. (MOW) EVBQM *****12 31/1 3/9 ROTT/MT/U: (MOD AND S pore
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  • Page 23 Advertisements
    • 751 23 Also accepting cargo to/from Scandinavia C CONTAINER S'pore Closing Times: FCL Cargo 0400 21/8 LCL Cargo 1200 20/8 Where PK dates indicated in brackets, cargo to/from PK transhipped via TO AND FROM AUSTRALIA: SURABAYA.. JAKARTA SINGAPORE. PENANG P. KELANG. BRISBANE SYDNEY BORNE MELBOURNE AOELADE FREMANTLE TO/FROM NORTH AMERICA PACIFIC COAST
      751 words
    • 563 23 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN, INCHON MCHON BUSAN 4/4 VttMl No 6 Donjm No 7 Donjm SO7W No 9 Donjm SO6N No I Donjm 50 7N No t Donjm SO7N No 7 Donjm iOSN No 9 Donjm SO7N No I Donam
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    • 886 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUN.OWG 55, Market Street Sintapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P. RELANG PEKMC M/S SHAWM NAM SOON SON. BW. IST AW 2ND FLOOR, MESSRS HAI THONG SHffMG 23 Wetd
      886 words
    • 32 23 SIM SWEE JOO SHIPPING SDN. BHD. k EXPRESS TO BINTULU LMdnc »or CONTAINERISED SERVICE H tm fey M 27/« MRi Agents: JAMBATAN MERAH SDN. BHD P. Kelang: K.L. *****7 *****1 Penang *****
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  • Page 24 Advertisements
    • 553 24 Itcflioital Container IJncs I" H 4 Sailings weekly Fast Reliable Regular Punctual Berthing P S.A. Mon, Tue. Thur. Sat Ml HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER, SPECIALISED HI AW LIHLRS A W All ABl f AGIA SOFIA SUPER SPRIT Spore IS/19 Aut 10/12 Sept Loadnf for: SalaUh, Aqaba
      553 words
  • Page 24 Miscellaneous
    • 174 24 Regional Weather s* 1 N A. J r; K t 2 r, 'A, h Si I > s BP 12 S *>/ 3 Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: P T Temperature c A\ Thunders,orm Weather V Wind d.rect.on w.th speed .n knots Shower
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  • Page 25 Advertisements
    • 130 25 MllJfsj© MSC AGENCIS K. LUMPUR P. KELANG PENANG P. GUDANG j. BAHARU LEOSMP *****8/*****6/*****5/*****3 *****1/4 TERMNAL *****1/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****5/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE CH GUI EUSiaiEMEMEB mraiwmiTM rTTT m M FTTM rrim(iriP?i rmii'iTTi imnrjm nrrrrn ■ED im IBM ■Ttrnnß if qui Em GUI ESB nil rri7^Mt7nirTiTr''^i!iniTTTT»g™|3J3E!Jii£iEßuj uui ACCfFTMG
      130 words
    • 281 25 LICOIINE SEAL KM SHPPM6 (S) PTE LTD. SALTS/BOOKMGS TEL 2205(11 (t UNES 'W.V'ir !2 c v snaaia c VI M/V ARMAGNAC V9LSS M/V CGM VAR VIOLSS M/V CGM VELAY VIILSS Scan Dutch 9 To Europe (Med/UK/NC/Scan) 6 Butang Sid 6 Butang 22/8 B Butang 29/8 B Butang 5/9 B Butang
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  • Page 26 Advertisements
    • 461 26 tw ■w. Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER ASTRA PEAK 24 Aug Port Louis, Reunion SEA ARCHITECH 4 Sep Mombasa. Daressalaam. Tanga AFRICA MARU 23 Sept Port Louis, Reunion AFRICA'S I NO lj EARNEST VENTURE 22 Aug P. Noire. Abidjan. Monrovia. Apapa. Douaia. Tema NEDLLOYD COLOMBO 30 Aug Durban, P.
      461 words