The Business Times, 29 August 1985

Microfilm: NL15127
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, AUGUST 29, 1186 60 CENTS
    12 words
  • Article, Illustration
    Individuals may buy rental cars soon
    532 1  -  By ALVIN TAY RULES forbidding the transfer of hire cars carrying 'SZ' number plates are expected to be relaxed soon by the Government. This means that car-hire firms and finance companies will soon be able to resell their vehicles on the open market. But
    532 words
  • Article
    Intel sets up international purchasing office
    459 1 A MAJOR AMERICAN chip manufacturer, Intel, has set up an international purchasing office here which is expected to buy $50 million worth of components annually from Singapore. Intel's decision to set up an international purchasing office (IPO) comes hard on the heels of a
    459 words
  • Article
    Artec to invest $24 million
    538 1  -  Precision components for the aerospace industry By LUCY NG A MULTI-MILLION dollar plant to manufacture high precision components for the aerospace and communications industries is to be set up in Singapore by Advanced Recording and Telecommunications Corporation (Artec), a New York-based company. Mr Sum Chee
    538 words
  • Article
    Hint of lifting of property gloom
    396 1 IN SPITE OF A huge stock of unsold private residential properties and billions of dollars tied up in projects in progress, developers are becoming more optimistic about the future of the property market. In a press statement yesterday, the Real Estate Developers' Association of
    396 words
  • Article
    Disc jockeys to go on the air in song
    477 1  -  By RICHARD SEAH, Special Correspondent THEY USUALLY just talk a lot. Now, Singapore's top disc jockeys will be singing together. And over BBC Radio too. More than 10 of Singapore's best-known DJs are being brought together by a new recording company
    477 words
  • Article
    Lock icon Price of gold touches year's high
    99 1 Reuter GOLD ROSE TO ITS highest point of the year in London yesterday following Tuesday's decision by the South African financial authorities to close the country's currency and share markets for the rest of the week. With traders expressing concern at the growing racial
    Reuter  -  99 words
  • Article, Illustration
    STOCK MARKET
    83 1 THE PEBFOBMANCE of the Singapore stockmsrket yesterday was virtually ahto to a reran st Tuesday's market, with all the ittrwttsa eeaeeatrated ea a handful st small-capital tower Users. With Wg name stocks esatinning to slip gently, the Straits Times Industrial Index fell L 77 points to 748.17 while
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      147 1 A 'ATERMAN Writing instruments of distinction since 1884 Ttode enquiries: Ttel: *****33 So much better at Great Riant V 4%" (per annum) FIXED DEPOSITS 1 month V. pa 3 months 5' •< pa 6 months 5 pa 6"op a 12 months 6' -p a 24 months 6' >p a Savings
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      Page 1 Advertisements Column 2
      258 1 Pretoria resists praaaura, Pag* 6 mm SHARE INFORMATION 1 MONEY A EXCHANGES RAW MATERIALS 1 LETTERS TV A RADIO OUR VIEW THE EMPHASIS NOW BEING PLACED on the importance of small companies to Singapore's future growth is sensible, but experience elsewhere suggests they will not provide an instant panacea for
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      0 1 ;-<|:?.{=)%>({<[$`}>[\;<(}=:,]?
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      187 1 BEHWD EVERY SONY PRODUCT 6 SONY Service *****11 f THE ONE AND ONLY Contractors hit out at CIDB WHO NEEDS the Construction Industry Development Board (CIDB)? Not the contractor who prefers to call it the Punishment Board. Nor another who claims the CIDB has big ideas with a lot of
      187 words
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  • HOME NEWS
    • Article
      Wing Tai to assemble kitchen furniture
      388 2  -  Garment maker diversifies further By BOEY KIT YIN WING TAI Singapore, better known as a major garment manufacturer, will move into the assembly of kitchen furniture next year. This is part of Wing Tai's diversification plans, which has seen the company moving into property,
      388 words
    • Article
      Facing up to economic changes
      159 2 INCREASED PRODUCTIVITY and reduced production costs are the vital elements needed to enhance Singapore's competitiveness in the world market and to pull it out of the economic slowdown, said the Parliamentary Secretary (Communications Information) last night. Mr Wan Hussin Zoohri, who was speaking at the
      159 words
    • Article, Illustration
      Corporate insolvencies expected to increase for another year
      466 2  -  By SOH TIANG KENG, Financial Corrospondent CORPORATE INSOLVENCIES in Singapore are expected to rise for at least another year, said a US expert on bankruptcy, Professor Edward Altman. But it was highly unlikely that companies listed on the stock exchange would become
      466 words
    • Article
      Republic in air talks with Sri Lanka
      181 2 SINGAPORE and Sri Lanka started talks yesterday for a new framework to enable their national carriers to resume (lights to each other's country. Flights ceased in October last year when the air services agreement was terminated. The talks for a new air services
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    • Article
      MEMO PAD
      379 2 Seminars and courses < DURATION Sep 2-3 Sep 2-3 Sep 2-6 Sep 2-6 Sep 2Oct 28 Sep 3-4 Sep 3-5 Sep 3-19 Sep 5-6 TITLE How to Sell to Supermarkets, Departmental Stores and Other Groups of Retail Outlets The Art of Negotiating The Allen Management Seminar Failure Analysis
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    • Article
      Liebermann to launch Puma line of products soon
      393 3  -  By MONICA GWEE LIEBERMANN has invested 15 per cent of its annual turnover to launch the Puma line in Malaysia and Singapore in a bid to move into fast-moving consumer goods. "We are diversifying into the mass product market," said Mr Daniel
      393 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      166 3 RICHARD PNG POH ANN has been elected by Caltex (Asia) Ltd as director, marketing. Michael Tan Joon Hack has been elected as director, operations, and KC Joseph as director, finance and accounting. SHINGERU SHINOHARA has taken over as regional representative, South-east Asia, for Japanese accounts of Cathay
      166 words
    • Article
      SMA publication to get a total facelift
      195 3 THE SINGAPORE Manufacturer, the quarterly publication of the Singapore Manufacturers' Association (SMA), will have a facelift soon. YTJKent Total Communications, a Singapore public relations and advertising agency, has been engaged by the SMA to upgrade The Singapore Manufacturer and its annual directory. This
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    • Article, Illustration
      Production rights go to Swiss group
      131 3 THIS IS PIQUE, the official mascot of the 1906 World Cup Football Tournament in Mexico. Pique should be in Singapore before Christmas to warm fans up before world football fever rages in June next year. The Swiss-based Liebermann group of companies has secured the
      131 words
    • Article
      Time to nurture export markets, says MD
      128 3 SINGAPORE has depended too much on the multinationals for a ready market and must now catch up on building up an export market. "Many of us had our first taste of manufacturing as supporting industries to the multinationals and we have learned quickly,"
      128 words
    • Article, Illustration
      Castle's faces a winding-up action
      417 3  -  Petition filed by Hydra Fitness Equipment By ELAINE KOH FITNESS CLUB operator Castle's is facing winding-up action, although the four aerobics clubs it started in Singapore are still alive and kicking. A winding-up petition has been taken up against Castle's Fitness Systems Consultancy Pte Ltd,
      417 words
    • Article
      How HP trains its managers
      365 3 KNOWING HOW to keep the customer happy is what distinguishes a good manager from a bad. And the good manager does not resort to tricks, gimmicks or any get-rich-quick scheme to fool the public. "By customer satisfaction I do not mean that the product or
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      215 2 It pays to look fora better Corporate Card System. The United States Government did. The United States Federal Government tried for three decades to install a Government-wide charge card system for its 350,000 employees. None worked until they looked at the Diners Club Corporate Card System. Flexibility is what made
      215 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      27 3 WORLDWIDE COURIER Changing the way the world does business. DRINK SPA. 1.. it a 7-' SPA R« *11 »f Sjil lll^ $t\ MINERAL WATKK KHOM HIM.H M
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      Page 3 Advertisements Column 2
      170 3 Wi I B tiiiiif ffHI gg?* i Wm>ft J. WBW V.. 1 A s« V"A ':tr^:m >. «W' V V' t m nfp#s PS" ,-.v v- •> v. -y. -.-> IMMH' ■"*»> mm 1 w direct flight to San Francisco and Dallas from Kuala Lumpur You're ahead from the start
      170 words
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  • BANKING AND FINANCE
    • Article
      Offshore funds flow into Australia
      776 4  -  By FLORENCE CHONG HIGH INTEREST RATES in Australia have over the past two to three years attracted hundreds of millions of dollars in offshore funds, particularly from Europe. Foreign currencies, mainly Swiss francs and more recently Dutch guilders, have been pumped into the property market
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    • Article
      Lock icon Crocker to pay penalty for not reporting transactions
      209 4 AP CROCKER NATIONAL Bank of San Francisco must pay a U552.25-million penalty for failing to report billions of dollars in currency transactions, mostly with Hongkong banks. The fine is the largest ever levied against an American bank. US Treasury Department officials on
      AP  -  209 words
    • Article
      Lock icon World Bank to borrow US$321 million
      441 4 AP, AFP THE WORLD BANK is borrowing U*****.4 million worth of funds from banks in 10 countries and in eight currencies as part of the most diversified borrowing transaction in its 40-year history. The banks, members of the Union of International Cooperative Banks, are
      AP,; AFP  -  441 words
    • Article
      Lock icon Banks still likely to lend to Mexico
      166 4 Reuter BANKS ARE STILL likely to be voluntary lenders to Mexico next year in spite of the recent deterioration in the country's economic performance. William Rhodes said Mexico has responded to a drop in revenues from oil exports by making big cuts in
      Reuter  -  166 words
  • Article
    MONEY AND EXCHANGES Forex markets
    818 4 SINGAPORE The US dollar closed marginally higher yesterday against most major currencies after fluctuating within a narrow range throughout the day. The dollar closed slightly firmer at 2.7760/70 marks compared with New York's 2.7710/25 close and at 2.2750/65 Swiss francs against 2.2700/30. The market was
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  • Article
    Foreign Exchange
    255 4 Interbank rates at 3pm yesterday: Currenciaa Nominal rate* Si mithaonian Bid Otter ci roea parity change Locol dollars to one unit of foreign currency: US dollar 2 2500 2 2520 2 8196 -20 20 Sterling pound 3 1443 3 1505 7 3469 -57 20 Australian dollar 1 5772
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  • Article
    Asian $ market
    252 4 Asian market ASIAN DOLLAR deposit rates closed slightly firmer yesterday compared with Tuesday's levels in light trading. Overnight closed at 8-5/16 8-3/16, up 5/16 from the previous close and week fixed at B'4 8, up One, three, six and 12 months closed at 8 7 3/ g, BMs 8, 8-5/16
    252 words
  • Article
    Gold
    219 4 HONGKONG: The metal closed with pared gains yesterday following late profit-taking. The bullion price finished at U*****.10/60 an ounce against the day's high of $340.20/70. This compared with an initial $338.60/339.10 and New York's $336.50/337.00 close on Tuesday. Local gold ended HK$39 higher at $3,151. The krugerrand price rose
    219 words
  • Article, Illustration
    Money markets
    137 4 THE OVERNIGHT rate on the Singapore interbank money market fell by point from Tuesday to finish at 4 J per cent yesterday. The one, two and threemonth term rates remained unchanged across the board. INDICATES the averate of the xime lendinf rates of 12 major banks operating in
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  • Article
    Lock icon Simex
    373 4 BA Futures ENCOURAGED BY AN injection by the Federal Reserve of liquidity through customer repos on Tuesday night and anticipation of US economic data to show sluggish American economic growth, December Earedellar opened higher at 91.69 on the Simex yesterday. Prices however came off from the day's high of
    BA Futures  -  373 words
  • Page 4 Advertisements
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      152 4 ©DBS BANK INTEREST NEWS Effective 28 August 1985 .75% per annum Savings Account (Daily interest credited monthly) Effective rate 5.390% 5 per annum Autosave (Daily interest credited monthly) Effective rate 4 864% 4 .75% per annum Fixed Deposits Automatic renewal is available. 4.25% p.a. (or 1, 2 3 months 4.50%
      152 words
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      Page 4 Advertisements Column 2
      120 4 A WORLD FIRST! ....from GQC ...which produces impressive presentations with the ease and convenience ONLY AUTOMATION CAN PROVIDE. GBC's exclusive world-first Punching Control System. AutoReverse Jam Stopper (tor overload prevention). Binding Size Selector (with colour guide for binding size) are but a tew of the many fine features offered to
      120 words
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  • OVERSEAS
    • Article, Illustration
      Lock icon Benazir Bhutto calls for end to martial law
      217 5 AFP BENAZIR BHUTTO, the daughter of the late premier All Bhutto and the acting leader of the outlawed Pakistan Peoples Party (PPP), has called for an end to eight years of military rule in Pakistan and warned that people would not tolerate
      AFP  -  217 words
    • Article
      Lock icon Philippine industries' sales halved
      179 5 AFP THE VOLUME OF SALES of most domestic industries for the first half of the year dropped by 51 per cent, the Philippine Chamber of Commerce and Industry (PCC) said in Manila on Tuesday. A PCC spokesman confirmed that its survey of 11 industry associations, representing
      AFP  -  179 words
    • Article
      Lock icon China expected to meet car target
      311 5 FT CHINA IS LIKELY to meet its ambitious target of producing one million vehicles annually by 1990, but would not become a significant vehicle exporter even beyond the year 2000 suggested Mr Stephen Chen, a General Motors official. Mr Chen, who is the company's
      FT  -  311 words
    • Article
      Lock icon Auditors uncover frauds and waste
      162 5 AP CASES OF FRAUD, tax evasion and waste totalling more than 4.6 billion yuan (US$l.6 billion) have been uncovered by China's audit administration since it was formed two years ago. The official English-language China Daily quoted auditor-gen-eral Lu Peijian as saying his office has now
      AP  -  162 words
    • WORLD IN BRIEF
      • Article
        Taiwan to cut tariff
        37 5 TAIPEI is drafting plans to cut tariffs and increase access of US products to the Taiwanese market. Economics Minister Lee Ta-hai said several government agencies had discussed ways to encourage US imports. t
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      • Article
        Senators complain
        28 5 VISITING US senators has complained to Chinese leader Deng Xiaoping that China's current United Nations voting record was anti-American in spite of improvement in bilateral relations.
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      • Article
        Soviet condolences
        48 5 SOVIET LEADER MikhailGorbachev has sent a cable of condolences on the death of Samantha Smith, the American schoolgirl invited to Mos- cow in 1983 after she wrote to the Kremlin about her fears of nuclear war. Samantha, 13, was killed in a plane crash on Sunday.
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      • Article
        Old guard to stay
        34 5 SENIOR CHINESE leader Yao Yilin said on Tuesday some younger people would be added to the ruling Communist Party politburo but indicated none of the old guard would be removed.
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      • Article
        Rebels offered cash
        41 5 PHILIPPINE President Ferdinand Marcos has offered cash rewards and amnesty to communist rebels who surrender. The offer was part of an amnesty and rehabilitation programme to entice to the government fold members of the New People's Army. Agencies
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    • Article
      Lock icon Literacy rate up among Malaysian women
      122 5 Bernama THE LITERACY rate among Malaysian women improved to 67 per cent in 1980 from 49.6 per cent in 1970. During the period, female participation in the national workforce increased to 42.2 per cent from 38.9 per cent, University of Malaya lecturer Dr Nik
      Bernama  -  122 words
    • Article
      Lock icon Anti-freeze used in cigarettes
      89 5 AFP MOST JAPANESE-MADE cigarettes contain the toxic chemical diethylene glycol to keep cigarettes moist. Minora Nagaoka, the president of Japan Tobacco Inc, said an average of 4.24 milligrams of the toxic anti-freeze agent is used per cigarette in 44 out of its 51 brands, including its
      AFP  -  89 words
    • Article
      Lock icon Individuals shunning US stock market, says report
      649 6 NYT THE NEWLY-ISSUED annual report of Value Line Inc, the largest investment advisory service in the US, contains fresh evidence that individuals are shying away from investing in the stock market. After a long string of annual gains, Value Line's own earnings growth
      NYT  -  649 words
    • Article, Illustration
      Lock icon Pretoria resists economic and political pressure
      346 6 Reuter SOUTH AFRICA has moved to combat intensifying economic and internal political pressure by stopping currency trading and clamping down on plans for a major anti-apartheid demonstration. Finance Minister Barend Du Plessis said in Pretoria on Tuesday that he was closing the country's foreign
      Reuter  -  346 words
    • Article
      Lock icon Washington lodges protest
      89 6 NYT AMERICA HAS formally protested to South Africa over the arrest of Dr Allan Boesak (above), the anti-apartheid activist. "We believe that the detention of the Reverend Boesak and other leaders can only exacerbate the current cycle of polarisation and tension," said Charles Redman, a spokesman for
      NYT  -  89 words
    • Article
      Lock icon Taiwanese convicted of computer piracy
      95 6 UPI A TAIWANESE businessman has been convicted of smuggling and conspiracy in one the first criminal cases against a computer counterfeiter in the US. Teh Yi Huang, 29, was convicted on Monday of three felony counts of conspiracy, smuggling and false statements for importing and
      UPI  -  95 words
    • Article
      Lock icon Weinberger cancels production of new air-defence gun
      245 6 AP AMERICAN Defence Secretary Caspar Weinberger said he was scuttling production of a new air-defence gun on which the US army has sunk US$l.B billion because it does not work much better than the weapons the army has now. The cancellation of a
      AP  -  245 words
    • Article
      Lock icon Fewer poor people in US
      205 6 UPI THE NUMBER of people living in poverty in the US declined last year, the first significant improvement since 1976, but the total is still higher than when the Reagan administration took office, the Census Bureau said in Washington on Tuesday. The government's annual report
      UPI  -  205 words
    • Article
      Lock icon Lange acts to avert rift with France
      173 6 AP. Reuter NEW ZEALAND Prime Minister David Lange has moved to defuse a growing diplomatic rift with France over the sinking of the Rainbow Warrior, the flagship of the environmental group Greenpeace. Mr Lange described a statement made on Tuesday in Paris by
      AP.; Reuter  -  173 words
    • Article
      Lock icon Bonn runs up surplus of 2.1b marks
      266 6 FT WEST GERMANY'S balance on current account continues to set new records, jumping to a surplus of 2.1 billion marks (US$763 million) last month compared with a deficit of 0.3 billion marks in June and one of 0.9 billion in July last year.
      FT  -  266 words
    • Article
      Lock icon Americans to investigate use of spydust
      349 6 Reuter AMERICAN EXPERTS were granted visas to travel to Moscow on Tuesday to embark on an investigation into the "spydust" which Washington accuses the Soviet Union of using to track its diplomats there. State Department spokesman Charles Redman said the Soviet Embassy issued the
      Reuter  -  349 words
    • Article
      Lock icon Aircraft makers air complaints
      112 6 Reuter DOMESTIC BUSINESS and commuter aircraft makers told the US International Trade Commission that their survival was being threatened by unfair competition from foreign manufacturers. Edward Stimpson, the president of the General Aviation Manufacturers Association, said foreign companies now have 43 per cent of the US
      Reuter  -  112 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      761 6 ARRIVALS Operator Service Local From number time PAA PA21 0020 LAX/TYO/ HKG RBA BI443 0100 BWN LUFT LH688 0105 FRA/DXB MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH605 0930 KUL MAS MH811 0940 PEN AC AC858 0940 YYZ/LHR/ BOM RBA BI42I 1030 BWN SIA SQI03
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  • Page 5 Advertisements
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      172 5 Qantas carries its passengers longer distances than any other airline. When youVe got to fly long distance, wouldn't you feel more confident choosing an airline that specialises in long distance travel? Qantas is that airline. And everything, from technology to cabin crew training, is geared to make you as comfortable
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  • Page 5 Miscellaneous
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      182 6 Info Singapore Computa'Bs 3-6 September World Trade Centre, Hall 3. Positively the last word on computers and information management in Singapore,this year! Info Computa '85 will provide the latest and the greatest opportunity for you to see into the future of computers and office automation. To keep abreast of what
      182 words
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      Page 6 Advertisements Column 2
      7 6 Pan Ante New Clipper Class DailyJbLos Angeles.
      7 words
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  • WORLD BACKGROUND
    • Article, Illustration
      Lock icon Kohl rejects demand for resignation of minister
      424 7 UPI WEST GERMAN Chancellor Helmut Kohl, battling to keep his government afloat in the face of a spy scandal, rejected an opposition demand for the resignation of his Interior Minister. But Heribert Hellenbroich, the head of the Federal Intelligence Service, appeared likely to
      UPI  -  424 words
    • Article
      Lock icon Hongkong developer holds lottery as gangsters join the queues for flats
      760 7 AFP "IT'S RIDICULOUS that I have to take part in a lucky draw to buy an apartment," said housewife Olivia La u. She was one of the unlucky people in a lottery held by a Hongkong developer where 20,000
      AFP  -  760 words
    • Article
      Lock icon Military is back in Nigeria
      479 7 Civilian government the exception rather than the rule Reuter FOR MOST ADULT Nigerians, Wednesday's military coup was nothing new. Civilian government has been the exception rather than the rule in 25 years of independence from Britain. The Nigerian Armed Forces have now intervened on six
      Reuter  -  479 words
    • Article
      Lock icon Coup sends oil prices lower
      355 7 Reuter CRUDE OIL PRICES dropped sharply on Tuesday because of concern that the new Nigerian government led by Major-Gener-al Ibrahim Babangida would increase the country's oil output and exports, industry analysts said. Initial reports that Nigeria's ports closed following the coup and the possibility that
      Reuter  -  355 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      337 7 Thinking of buying a private property? T 4 II I S-. I i J fat I I I I F-' £je R ir < swt r. t E a A m yv k. 11 _L_ I n i_i__i_t L_ i nr L i :v™» W'!BIH from DBS Bank. With CPF
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  • FEATURES
    • Article
      Small business is no quick fix
      515 8 THE RECENT EMPHASIS on the fact that small is beautiful is neither new, nor confined to Singapore. The concept of the entrepreneur as the solution to economic problems has been grasped both by America and Britain. In both cases it was the beneficial effect
      515 words
    • Article, Illustration
      Brickbats from contractors
      1344 8  -  The Construction Industry Development Board, set up in March 1984 "to promote the development, improvement and expansion" of the construction industry, is seen by some contractors as more bureaucracy and "talk". Economics Correspondent ZHOU MEI spoke to the contractors about their fears and complaints. ZHOU MEI THE
      1,344 words
    • Article
      Review tax ruling on rentals
      666 8 Letters to the Editor L Dear Sir, In restructuring our economy to meet the challenges of the future, perhaps the authorities should consider reviewing the existing Income Tax Act (Chapter 141), particularly the anomaly and inequity in taxing income and allowing deductions on rental income.
      666 words
    • Article
      On competitive edge
      57 8  -  C H Lee Dear Sir, The article r SIA earns $6% million from freight operations' in BT (Aug 23) has reference. It will be interesting to know how the percentage of 973.6 million tonne-kilometres relates to the export of local goods. No wonder our manufacturers and exporters
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      197 8 Tomorrow: Reply from the CIDB The Business limes tt-r —Ti Special S Reoort On September 19, Business Times features a major report on integrated office automation. In this incisive survey, Business Times provides the answer to greater office efficiency and productivity. Planned Office Explaining kev concepts and latest developments in
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      700 8 wskhkhdcb saommD CRYPTIC PUZZLE ACROSS 1 Bod time credited to o goddess (ft) 7 Vessel tor a bit ot ole, possibly (8) 8 Just the skirt for the cor' (4) 10 Stay out ot bed to plug something? (4, 2) 11 She tokes Lois in (6) 14 Doesn't it exoctly
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  • SPORTS
    • Article
      An electrifying circuit
      553 9  -  Foreign players expected to give tougher edge to Ellesse tennis competition By ANNA TEO A SLOW but steady start the quest for more foreign players to lend colour and competition to the Ellesse Circuit '85 has continued with six Malaysian pairs figuring among the 24 entries in
      553 words
    • Article
      Classic thriller in Penang
      805 9  -  By BRIAN MILLER IN WHAT LOOKS like one of the most open classics contested this season, a likely field of 20 runners including seven Cup winners will face the starter in Sunday's Penang Sprint Trophy race at Batu Gantong. And, with a line-up such as the
      805 words
    • Article, Illustration
      Lock icon Becker breezes through first match to set pace
      490 9 US Open Tennis Championships AP WITH THE FRESHNESS of youth, West Germany's Boris Becker breezed through the opening round of the US Open Tennis Championships on Tuesday, crushing Peter Doohan of Australia 6-4, 6-1, 6-2. John McEnroe, the defending champion who is
      AP  -  490 words
    • Article
      Lock icon McEnroe narrowly avoids humiliation of making opening-round exit
      339 9 AP. Reuter DEFENDING CHAMPION John McEnroe tottered on the brink of elimination on Tuesday before capturing a fifth-set tie-breaker to edge Israel's Shlomo Glickstein 6-1, 6-7, 2-6, 6-3, 7-6 and advancing into the second round of the US Open tennis championships. With
      AP.; Reuter  -  339 words
    • Article
      Lock icon Minnows hogging the limelight
      219 9 UPI IF THE EVENTS on Tuesday are anything to judge by, then tennis buffs are in for an exciting US Open tournament. The day saw one record broken when American player Mary Jo Fernandez became the youngest player ever to win a match in the championships
      UPI  -  219 words
    • Article
      Lock icon Renault team pulls out of Formula One circuit
      255 9 AFP THE ERA OF the influence of French technology on Formula One motor racing virtually ended on Tuesday with Renault's official withdrawal from the circuit. This follows the exit of tyre maker Michelin a year ago. Renault's decision was forced on the
      AFP  -  255 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      106 9 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way every Tuesday in BT BT is not all hard core business and financial news. We take "Time-Off and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure
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  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1102 9 m to THURSDAY FEATURE SPECIAL Bronco Billy 9.15 pm Channel 5 Clint Eastwood, who unorthodox or Bronco Billy. This role is definitely a far cry from his previous role as Dirty has been as the on hand. Billy, a former show salesman and ex-con, runs and stars in an off-beat
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Procter seeks approval for its defences
      367 10 Reuter PROCTER AND GAMBLE Co is asking its shareholders to approve a wide-rang-ing package of defences against a hostile takeover. In proxy materials filed with the US Securities and Exchange Commission in advance of its mailing to stockholders, the company has proposed staggering the
      Reuter  -  367 words
    • Article
      Lock icon Johnson Controls to sell businesses to Citicorp
      134 10 Reuter JOHNSON CONTROLS has signed a letter of intent with Citicorp Capital Investors, a unit of Citicorp, whereby a company to be formed by Citicorp will purchase a number of businesses for about US$2l7 million cash. All of the businesses to be sold
      Reuter  -  134 words
    • Article
      Lock icon Wall Street higher in active trading
      335 10 Reuter SHARE PRICES gained modestly on Wall Street on Tuesday in more active trading amid signs investors remain worried about lower third-quarter corporate profits. Analysts said investors wer e cautious with major economic reports due tomorrow. The Dow Jones Industrial Average gained 4.82 to
      Reuter  -  335 words
    • Article
      Toronto
      124 10 AUG 27 C$ 52* 20* Inco 19* unch 371* krt Pro* Pipe 41* unch 21* Int Uts 17* W Algomo -1* 15* 29* Lobtaw B 21* Bank Nova Scotia 13* unch Masscy Far a 3* 20* unch OP Con Ltd.. 32* Motion A 17* 30* 24* Con Imp 0k
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    • Article
      Johannesburg
      218 10 AUG 27 UnMC 5056 1560 unch MOUSTKIAIS MININGS A Alpha 800 165 10 -5 3150 100 AE And a Amaprop 790 4408 -10 UKh 30 Anghool Bhyoori. Buttafc ***** 1420 7750 inch 40 275 C G Smith CNA 1140 2250 230 Charter Com Gotd Com Murch Da Bmti 650
      218 words
    • Article
      New York
      699 10 AUG 17 US$ Akan Ak*rwi 27* 4-* Alcoa 35* Aieaheny Lud 21 ir>ch AJfcrd Own Cp 41* 4* Afted Stores 56* Afc-Chatmer* 4* Am Brands trie 59* Am Broadcast 115* Am Can Co 57 Am Cyanarmd 54* Am Elec Pwt 21* Am Express 42* Am Horn# Prod 58*
      699 words
    • Article
      European markets
      834 10 Amsterdam AUG 27 Ffc A8N ***** +25 Aagon 98 50 -1.4 Ahold 238 30 -0.7 Aluo 124.40 +0.8 AMEV ***** +0.3 Afntos I Amro Mi 88.40 +14 BatVal 46 40 >mk*\ Bob 101.40 -01 Bonun* 404 00 -I Botkofc Bur Ta« ***** -1 Cotand 38 00 +01 Cat».
      834 words
    • Article
      Lock icon Met Life to buy Albany
      46 10 AFP METROPOLITAN LIFE Insurance, a leading US insurance group, is to enter Europe with the purchase of Albany Life of Britain. The deal is expected to take place next month. The transaction is likely to involve US$l5O million, sources said. AFP
      AFP  -  46 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      537 10 /r> V I to wine. din r 4 jtf'lA u R :> > 1 v*r Specialized in: HONG KONG DIAN XIN CANTONESE CUISINE Business Hours: 11.00 am 2.30pm (Sundays Public Holidays: B.ooam 2.30pm) Dinner: 7.00pm 10.30pm PRESIDENT MERLIN HOTEL y 181, Kitchener Road, W Singapore 0820. Tel: *****22. 1 Farm
      537 words
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      Page 10 Advertisements Column 2
      127 10 Stockholm prico® wore unavailablo. London stocks on pogo 15 H' i Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body N Soul from the Philippines. They II captivate you! Happy Hours: spm 7pm, 50%
      127 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      268 11 AUG M Associoted Hotels Bonk Of East Asia Cheung Kong HK) 0 55S 22 406 I860 15 90 unch -0 1 Hutchison kntl City Jardme Math Jordme Sec Ka Wah Bank K MB 28 60 0 94 13 10 1480 1 046 970 unch 401 0 1 0 1
      268 words
    • Article
      Taipei
      227 11 AUG 2S Al Sincere Indus Aim Cement NT 3 14 17 50 -0 16 -02 Lien Hwa Indus Nan Y a Plas Podfic Cons Pocific Elect 9 60 21 70 1295 1190 0 1 -0 1 -0 05 -02 20 60 -2 4 Poolung Paper 093 -0 04 Chang
      227 words
    • Article
      Tokyo
      434 11 TOKYO: Share prices fluctuated throughout the day, closing slightly lower on late profit-taking after easing in the morning and staging a rally in mid-afternoon. The market average ended down 5.91 at *****.50. Turnover was a sizable 800 million shares against 500 million on Tuesday as yesterday is the effective
      434 words
    • Article
      Manila
      103 11 MANILA: Prices closed largely unchanged in dull trading. The Commercial and Industrial Index put on 4.18 to 140.80 while the mining marker was steady at 641.04 and oils at 0.737. AUG 2S Morstee* Oriental B 0012 -0001 AcO|« Mjnmg Ptnlex B 0 1250 unch 0001 Apex Mining B 0
      103 words
    • Article
      Sydney
      411 11 SYDNEY: Australian share markets closed firmer yesterday, dominated by vigorous buying of gold stocks as investors reacted to the tense South African situation. Brokers said news that trading on the South African stock exchange and foreign exchange has been suspended stimulated buying. The Gold Index surged 55.3 to 1098.4.
      411 words
    • Article
      Seoul
      66 11 AUG 28 Bank Seoul WM 679 4 Hyrofca Corat Hyindoi Motor kal 898 S94 430 -1 -10 -1 655 700 +2 725 ■3 1400 40 470 -15 Korea Sh*> 414 -16 471 -2 Lucky Ltd 615 -5 650 -5 715 5 568 -22 815 GoldStar 590 5 1160 -77
      66 words
    • Article
      Bangkok
      137 11 BANGKOK: Share prices yesterday closed slightly higher in quiet trading. The Book Club Index improved by 0.08 point to 135.38 as advances led declines by a slim margin. Turnover was 119,028 shares worth 20.3 million baht. The Hongkong roport was unavailable yaatarday. AUG 28 Mits Siam Olaan 76 unch
      137 words
    • Article
      Lock icon Honda in Indian venture
      63 11 Reuter HONDA MOTOR has signed a deal with Shriram Refrigeration Industries to set up a joint venture to make portable generators and general-purpose engines in India. They will each have a 33.33 per cent stake in Shriram Honda Power Equipment which is capitalised at one billion
      Reuter  -  63 words
    • Article
      Lock icon GM holds preliminary talks with Beijing
      341 11 Reuter GENERAL MOTORS Corp is moving towards greater involvement in China and has had preliminary talks with the state-run Chinese National Automotive Industry Corp on possible projects. Stephen Chen, GM's director of programme planning (or China, said the discussions between the world's largest carmaker
      Reuter  -  341 words
    • Article
      Lock icon Nissan to sell lorry technology to China
      151 11 Reuter NISSAN DIESEL Motor Co has agreed to sell China National Automotive Industry Import and Export Corp design and production technology for its heavy lorry plant in Hubei province. Nissan Diesel, which is 45.2-per cent owned by Nissan Motor Co, will transfer the
      Reuter  -  151 words
    • Article
      Lock icon Tokyo exchange will increase membership
      183 11 UPI THE TOKYO Stock Exchange said yesterday it would expand its membership this year for the first time since 1949, a move that could allow foreign companies to own seats and ease friction with the United States. The exchange said the measure which would boost
      UPI  -  183 words
    • Article
      Lock icon Six awarded Thai oil concessions
      103 11 Reuter THE THAI Mineral Resources Department has agreed to grant six companies petroleum concessions in the central and southern provinces, and in the Gulf of Thailand. The department will award BP Petroleum Development Ltd a concession in an offshore area in the upper part of
      Reuter  -  103 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      523 11 mas HI WmßSm ;/5P Dine in Japan ...on Nassim Hill Welcome to the Unkai. Where the art of dining is so authentic, you'd think you were dining in Japan And from now till 31 st August only, all beverages from our beverage trolley are on the house For reservations, call
      523 words
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      Page 11 Advertisements Column 2
      107 11 > M At COFFEE GARDEN... 24-HO HONG KONG DIAN XIN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. ii m m m 'ArailatUe from llam 3pm 4 6pm llpm Set Breakfast Specials of Porridge A Dian Xin available 19 CairnhiU Ordf Singapore
      107 words
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  • RAW MATERIALS
    • Article
      WHEAT
      185 12 WHEAT FUTURES on the Chicago Board of Trade closed 3M* to V« US cents a bushel lower on Tuesday, with the first three months and distant September posting new season's lows. December ended near the bottom of a 3-cent range. Trade disappointment that no new sales of US wheat
      185 words
    • Article
      SSR and SMR
      105 12 (cents/kg, 1-ton pollets) jjpj (current month) NOON RAS Buyers Seller j SSR 20 135 50 137 SON SSR 50 133 50 135 50N OCT 85 (forward month) NOON Buyers Sellers ***** I 38.50N 134 50 I36 50N MRELB SMR CV SMR L SMR 5 SMR GP SMR
      105 words
    • Article
      SOYBEAN
      224 12 SOYBEAN futures on the Chicago Board of Trade rebounded from new lows in most months to close 6'/< to one US cent a bushel higher on Tuesday. November through July and distant September posted new season's lows before rebounding. November ended near the top of a 7%-cent range after
      224 words
    • Article
      RAS and MRELB
      366 12 RAS prices in M cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 164 00 165 00N 164 00 165 DON lot 1 RSS Sept 85 164 00 164 50 164 00 164 50 Int 1 RSS Oct 85 ***** ***** 163
      366 words
    • Article
      RUBBER
      271 12 SINGAPORE The market closed slightly lower yesterday with September One RSS buyers quoted at 164.00 cents per kg, down 0.25 cent from Tuesday. Prices were little changed in quiet morning trading on lack of interest. Prices eased slightly in thin afternoon trading on continued lack of interest and fresh
      271 words
    • Article
      KL Tin
      114 12 CONTINUED leek e( demand (rem everseas led the KLTM price te eleee nine ceats weaker yesterday at Ms3l.7t a kg. Activity remained quiet with the ITC hatter stock maaager soppertlng at the lewer levels and ahserMag ahent 75 per eeat si the 84 tonnes sffered. Offerings ea Tuesday
      114 words
    • Article
      TEXTILES
      179 12 Yarn (In HK$ per bole of 400 lb) Chino carded yarn, cones Blue Phoenix 16's 2,500 Blue Phoenix 20's 2,550 Blue Phoenix 32's 3,000 Blue Phoenix 40'& 3,350 Carded yarn, hank Blue Phoenix 21 's 2,800 Combed yarn, cones Bfcje Phoenix 32's 4,200 Blue Phoenix 40'$ 4,400 Open-end yarn
      179 words
    • Article
      PALM OIL
      162 12 LATE COVERING ahead of India's weekly tender today helped the Malaysian crude palm oil market to close higher yesterday in fairly active trading. The market opened quietly higher after Tuesday's rebound in Chicago soyoil futures. August deliveries in the south and central regions both rose MSIS to $805
      162 words
    • Article
      LONDON MARKETS
      607 12 COFFEE Robusta futures rallied on Tuesday afternoon to finish up £17 to £31 a tonne from last Friday's close, near the highs of a narrow range, buoyed by a firmer New York and slightly easier sterling against the dollar. At the close, second position November was £25 up
      607 words
    • Article
      Produce exchange
      150 12 Chinese Produce Exchange (Seders' noon closing prices on Aug 28 (SS/100 kg) Coconut oil Bulk FOB 80 00 OW drum FOB 93 00 New drum FOB 97.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier FOB NSW 440 00 479 00 335 00 330
      150 words
    • Article
      RICE
      291 12 Singapore C-l Ord unq (S$/kilo, ex-godown) Loonzain Rice 1 Fragrant new crop let 0 80 100% 1st grade 100% 2nd grode unq 215 2nd 058 100% 3rd grode unq 3rd 056 Porboiled Rice New Crop no stock no stock 5% 10% 215 25% 10% 210 Thai Broken Maize unq
      291 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      706 12 «7M BANK OF BOSTON THE FIRST NATIONAL BANK OF BOSTON (Incorporated in tha U.S.A. with Limited Liability) Consolidated Balance Sheet (in thousands of US$ except share amounts) ASSETS December 31 Cash and due from banks UJ Interest bearing deposits in other banks Federal funds sold and securities purchased under agreements
      706 words
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  • SHARE INFORMATION
    • Article, Illustration
      Handful of speculative counters in the limelight
      4391 13 THE SINGAPORE stock market yesterday staged a re-run of Tuesday's performance. Big names were out of favour while a few speculative counters with small capitalisations were selected by groups of buyers. Of the stocks which are currently in vogue, only one is an
      4,391 words
    • Article
      Chief price changes
      241 13 SINGAPORE Rises ToUm Mmm 2700 TDM 297 Fm M lot 350 tiHww MM 342 Kaatacky S»m 282 M T C 78< 398 Doyor U 165 DvtoCam 138 G iMtor 140 Falls 1400 32 30 12 12 10 +7 +7 +6 Indices AM 27 Aug 28 8T CompoHf
      241 words
    • Article
      Business done on the SES
      3341 13 BID and offer prices officially I 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
      3,341 words
    • Article
      COMPANY MEETINGS
      99 13 DEVELOPMENT 4 COMMERCIAL BANK Berk ad: 20th AGM at the Ballroom, Hotel Equatorial, Jalan Sultan Ismail. Kuala Lumpur, today at 10.30 am. PAN MALAYSIA CEMENT WORKS Berhad: 22nd AGM at the MUI Plaza Conference Centre, 1st Floor, MUI Plaza, Jalan P. Ramlee, Kuala Lumpur, tomorrow at 11.30 am.
      99 words
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  • COMPANY NEWS
    • Article, Illustration
      Bata looks to Australian and American markets
      754 14 BATA MALAYSIA Bhd is planning to invade the North American and Australian markets. This was disclosed by managing director Michel Bonhomme. The company was recently judged the best producer of canvas shoes at an international conference in Milan. Bata won the international award
      754 words
    • Article, Illustration
      Bond seals A$1.2b bid for Tooheys
      321 14 ALAN BOND, the man responsible for the biggest coup in world yachting, has now pulled off the biggest corporate coup in Australian business history. Mr Bond clinched a takeover deal worth Asl.2 billion for the Castlemaine Tooheys brewery group. The takeover bid was the
      321 words
    • Article
      Bargain hunting helps shore up KL stocks
      618 14 BARGAIN HUNTING and short covering activities helped share prices to finish mixed on the Kuala Lumpur stock market yesterday. Many special situation counters in the industrial sector which ended with losses on Tuesday, managed to recover and closed with small to moderate gains.
      618 words
    • Article
      Business done on the KLSE
      2605 14 BID and otter prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS A Otoe (I 976X3) I 97(1) 1 96 AMD
      2,605 words
    • Article
      Selected indices
      4 14 All-time h«gh
      4 words
    • Article
      Unit trusts
      261 14 Managers' prices for Aug 29 Singapore Unit Trust The Commerce 1 62 1 72 The Savmgs Fund 135 143 S'pore Prog Fund 0.73 0 77 S'pore Sec Fund 1 02 1 08 S'pore Invest Fund 0 78 0 83 S'pore Equity Fund 0 74 0 78 Asia Unit
      261 words
    • Article
      Chartists to meet tomorrow
      101 14 THE NEWLY-FORMED Singapore Technical Analysts Traders Society (STATS) is holding its monthly gathering for chartists tomorrow at the Executives' Club, 33rd floor, OCBC Centre in Chulia Street. At the meeting, which starts at 6pm, Mr Julian Reid, a director of Wardley Investment Services, will speak on
      101 words
    • Article
      COMPANY BRIEFS
      73 14 THE STOCK EXCHANGE of Singapore has asked Grawtk Industrial Holdings Ltd to provide more details on its proposed acquisition of Singapore Shipping Corporation (Pte) Ltd. BRITISH-AMERICAN (M) Insurance Bhd has denied that its officials were holding talks with directors of Public Insurance Ltd on the possibility of acquiring
      73 words
    • Article
      Selangor Properties skips interim dividend
      507 15  -  By NAJEEB JARHOM SELANGOR PROPERTIES Bhd, the developer of one of the most ambitious commercial projects in Kuala Lumpur, has decided against paying an interim dividend in view of its somewhat poor first-half performance. In the previous corresponding period, it paid a 5 per cent
      507 words
    • Article
      Fleet group to buy 51pc of Pertanian Baring Sanwa
      463 15 BANK OF COMMERCE, a member of the Fleet group, is to acquire a 51 per cent stake in merchant bank Pertanian Baring Sanwa Bhd (PBS) from Bank Pertanian Malaysia. The PBS board said agreement in principle on the deal had been
      463 words
    • Article
      Pegi buys stake in palm oil processing company
      232 15 PEGI MALAYSIA BHD has acquired a stake in a palm oil processing company for slightly under Msl million cash. The investment company said yesterday its fully-owned subsidiary, Swee Lam Estates (Malaya) Sdn Bhd, has agreed to purchase from several parties 30 per
      232 words
    • LATEST
      • Article
        KECK SENG (Malaysia) Bhd:
        44 15 Group pre-tax profits of M 512.87 million ($12.57 million) on turnover of $85.74 million ($83.82 million) for the six months ended June 30, 1985. Directors are recommending an interim dividend of 5 per cent less tax payable on Oct 10.
        44 words
    • Article, Illustration
      Esso M'sia meets its competitors head-on
      499 15 ESSO MALAYSIA BHD, one of the only two listed companies engaged in the downstream petroleum industry, is holding up well in the very tough and competitive market. The company has turned in creditable returns on its investments besides enjoying a reasonable share of the
      499 words
    • Article
      Lock icon Capel placing Tunnel shares
      162 15 Reuter JAMES CAPEL (Far East) Ltd is trying to place up to 21.8 million Cross-Harbour Tunnel Co Ltd shares with Hongkong and UK investors on behalf of Hongkong and Kowloon Wharf and Godown Co Ltd. A James Capel spokesman said Hongkong Wharf is seeking to place
      Reuter  -  162 words
    • Article
      QAF shares stolen from Grand Orient
      456 15  -  A block of 100,000 scrip missing By CHAN OI CHEE STOCKBROKING firm Grand Orient Securities Pte has informed the Stock Exchange of Singapore that a block of 100,000 QAF Ltd shares worth about 1135,000 has been stolen from its office. This was disclosed in
      456 words
    • Article
      Lock icon Swire profits put at HK$580m-$620m
      461 15 Reuter SWIRE PACIFIC LTD's interim results to be released tomorrow are likely to show first-half profits increased by between 22 and 29 per cent over last year, analysts said. They said after-tax profits are estimated at between HK$5BO million and $620 million, compared with $477
      Reuter  -  461 words
    • Article
      Lock icon LONDON STOCKS
      946 15 Reuter SHARE PRICES drifted easier throughout yesterday but trading was slack and selling light, dealers said. At 1430 GMT, the FTSE 100 was down 3.8 at 1,307.0. South African gold and industrial shares were lower after news that the South African government had suspended trading on the foreign
      Reuter  -  946 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      352 14 PHli of c&eb/uu/ (Incorporated in Malaysia) ANNOUNCEMENT The Directors are pleased to announce: 1. Audited results for the year ended 30th June, 1985' GROUP Turnover TRADING PROFIT after charging a. Interest on borrowings b. Depreciation of fixed assets 1985 1984 Ms'ooos Ms'ooos 470,463 394,549 19.2 COMPANY 1985 1984 Ms'ooos Ms'ooos
      352 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      297 15 NOTICES THE COMPANIES ACT, CAP IK HOONG ELECTRICAL ENGINEERING CO. (8) PRIVATE LIMITED (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company which Is being voluntarily wound up are required on or before 30 September 1985 to send In their names and addresses with
      297 words
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      Page 15 Advertisements Column 2
      262 15 THE ASIAN WALL STREET JOIRVU, whafs www I*j, |im We've got to hand it to Singapore's executives. Succcssful executives who want to get ahead in business, start by keeping up with The Asian Wall Street Journal. With your own subscription to 1 he Asian Journal, you II get important business
      262 words
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  • Article, Illustration
    Major changes in PSA working conditions
    528 16  -  By LUCY NG AN -AGREEMENT on major changes in working conditions has been arrived at between the management and union of the Port of Singapore Authority. The accord includes the raising of the retirement age for some workers and the re-classi-fication of others. In
    528 words
  • Article, Illustration
    Ngo Hock against appointment of new Porsche car agent
    434 16  -  By JEFFREY TSANG A MOVE BY THE Porsche sports car group to appoint a new agent is being challenged by the former importer of the vehicles. The German car manufacturer headquartered in Stuttgart, Germany, confirmed that it had appointed Stuttgart Auto
    434 words
  • Article
    Lock icon Japan may exceed limit on defence spending
    154 16 Reuter JAPAN'S military spending could go through the politically sensitive ceiling of one per cent of gross national product if defence budget proposals submitted yesterday are accepted. Japan's Defence Agency proposed spending U551,416 million next year, 7 per cent higher than in the
    Reuter  -  154 words
  • Article
    Parliament to sit for two days
    377 16 PARLIAMENT will sit for two days beginning tomorrow instead of one day as originally scheduled. This is because more questions have been submitted to the ministers. The main business of tomorrow's sitting will be the election of a new President. Prime Minister Lee Kuan
    377 words
  • Article
    MCA deletes 500 names
    98 16 FIVE HUNDRED phantom members have been discovered and the names have been struck off the MCA membership list, ad hoc committee member Datuk Wong Seng Chow said. He said the ad hoc committee, which met yesterday afternoon, agreed that 500 names in the membership list adopted
    98 words
  • Article
    Lock icon Sihanouk presses for talks without pre-conditions
    265 16 AP CAMBODIAN RESISTANCE leader Prince Norodom Sihanouk said yesterday there should be talks "without any pre-condi-tions" with the Vietnamese, leading to Vietnam's withdrawal from Cambodia. He «I»* said he would resign as head of the coalition government if his partners continue to oppose the
    AP  -  265 words
  • Article
    Lock icon Call for action against tax havens
    88 16 AP THE ADMINISTRATION of President Ronald Reagan must prosecute US banks that fail to report large cash deals and move aggressively against foreign companies that act as tax havens and money launderers, a Senate panel said yesterday. The report by the Senate Permanent Subcommittee
    AP  -  88 words
  • Article
    Lock icon Beijing exports up 2.5pc in July
    145 16 UPI CHINA registered a US$7.B9 billion trade deficit for the first seven months of this year, but showed a promising 2.5 per cent increase in exports during July. Figures released by the Customs Bureau showed a January-July total trade volume of $35.97 billion, the
    UPI  -  145 words
  • Article
    Lock icon No split
    39 16 Reuter CHINA'S economic reforms will not lead to a split between rich and poor nor the formation of a capitalist class, leader Deng Xiaoping told Zimbabwe Prime Minister Robert Mugabe, the New China News Agency said. Reuter
    Reuter  -  39 words
  • Article
    Local companies asked to compete for US$508m Chinese deals
    318 16 LOCAL COMPANIES have been invited to compete for Chinese contracts worth more than US$5O6 million in fields as di-. verse as construction and pharmaceutical manufacturing. A high-ranking delegation from China has provided the Trade Development Board with details of 69 projects,
    318 words
  • Article
    Two more banks lower PLR
    47 16 STANDARD CHARTERED Bank and Chase Manhattan Bank became the latest major banks to announce half percentage point cuts in their prime lending rates. The new rates 7.25 per cent (or Standard Chartered and 7.5 per cent (or Chase are effective from today.
    47 words
  • Article
    Lock icon New Nigerian regime to review barter deals
    158 16 Reuter THE NEW NIGERIAN regime will review the country's involvement in barter deals, the new head of state Major-General Ibrahim Babangida said in a radio and television broadcast qponitored in Abidjan. Nigeria has signed deals with several countries worth over US$2 billion under
    Reuter  -  158 words
  • Article
    Lock icon Comex gold and silver
    106 16 Reuter COMEX GOLD FUTURES rose US$3.OO to $4.00 an ounce on active buying yesterday morning amid heightened worries over developments in tense South Africa. Prices stood at their highs for the week with spot gold up $3.00 at $340.10 an ounce and the pace-set-ting December delivery
    Reuter  -  106 words
  • Article
    Dow Jones higher
    64 16 THE NEW YORK stock market edged higher in early trading yesterday, attempting to extend the gains of the previous session. The Dow Jones Industrial Average was up one point to 1324. Advances had a small lead over declines on turnover of 8.04 million shares. General Public Utilities
    64 words
  • LATE FILE
    • Article
      Lock icon Exchange chief to stand trial
      53 16 Reuter THE FORMER chairman of the Hongkong Commodities Exchange, Peter Scales, was committed for trial yesterday on 21 charges of fraud and theft. A court spokesman said Mr Scales is accused of trading his clients' stocks without their permission in 1982 through the brokerage firm
      Reuter  -  53 words
    • Article
      Lock icon JAL managers asked to resign
      59 16 Reuter TOKYO TRANSPORT Minister Tokuo Yamashita has called on all top managers of Japan Airlines (JAL) to resign to take responsibility for the Boeing 747 crash that killed 520 people. In an interview published yesterday, the daily Yomiuri also quoted Mr Yamashita as proposing the
      Reuter  -  59 words
    • Article
      Israel releases 113 Lebanese
      46 16 ISRAEL yesterday released 113 Lebanese detainees, whose freedom was demanded in June by the hijackers of a Trans World Airlines (TWA) plane. The prisoners, most of them Shi'ite Muslims, boarded three buses with blacked-out windows at Atlit prison in northern Israel. Reuter
      46 words
    • Article
      Lock icon Journalists seek protection
      47 16 Reuter FIVE CENTRAL Philippine journalists asked the Supreme Court yesterday to bar military intelligence agents from arresting them as suspected communists. Former Senator Jose Diokno filed the petition after intelligence officers in Cebu said they were seeking arrest warrants against the local journalists. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Sri Lanka to boost forces
      58 16 Reuter THE SRI LANKAN government decided yesterday to raise new reserve forces to help the military and police in battling Tamil separatist guerillas. Information Minister Anandatissa De Alwis said draft laws would be put to Parliament next month "for the mobilisation of adequate reserves to
      Reuter  -  58 words
    • Article
      Lock icon Miners to go on strike
      34 16 AFP SOUTH AFRICA'S largest black miners' union, the National Union of Mineworkers (NUM), will go ahead with a strike in 29 gold and coal mines on Sep 1. AFP
      AFP  -  34 words
    • Article
      Lock icon Japanese to make more computers
      42 16 AP PRODUCTION of computers, integrated circuits and other electronic products in Japan will increase at an average annnai rate of 12.6 per cent to US$l29 billion in 1990, the Japan Electronic Industry Development Association said yesterday. AP
      AP  -  42 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      3 16 TEL: *****91/ *****94
      3 words
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      Page 16 Advertisements Column 2
      104 16 Military back in Nigeria, Paga 7 restaurant LUNCH SPECIAL Enjoy a superb Hunan cuisine at a charming 25% discount It can only happen at Charming Garden restaurantsf\ Come experience the pleasure of our tempting Hunan and V Sichuan cuisine. Exquisitely prepared, V and served in an ambience that's charmingly elegant.
      104 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      47 16 Outlook for today: Foir. Report for 24 hours prior to 7 30pm on Aug 28 at the airport: Maximum temperature 32.1 Associated humidity 64 Minimum temperature 25.8 Associated humidity 89 Hours of sunshine 10.4 Rainfall in millimetres NIL Rainfall this month 54.8 Roiny days this month 9
      47 words
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  • SHIPPING TIMES
    • Article
      Indian loan defaults
      115 17 MORE THAN TWO thirds of loans by the Indian Shipping Development Fund Committee resulted in default on payments, according to a report by the Ministry of State for Shipping and Transport, Mr Ziaur Ansari. He gave the figures as evidence of the depth of the shipping crisis
      115 words
    • Article
      Singapore lines to operate common feeder service
      336 17  -  By JUNE LIM TWO SINGAPORE owners have pooled their resources together to operate a common feeder service Between Singapore and Bangkok. The joint service between Regional Container Lines (RCL) and Mid-Sea Containers (MSC) will be maintained by four ships providing the same number
      336 words
    • Article
      Australian owners placing ship orders with Japan, Korea
      416 17  -  By KINGSLEY WOOD AUSTRALIAN shipowners are finally beginning to update fleets that have remained virtually stagnant for the last five lean trade years. They have firm orders in Japan and Korea for eight vessels with total deadweight capacity of 774,500 tonnes and
      416 words
    • Article
      Panama Canal will not revise its toll
      199 17 PANAMA CANAL will maintain its toll at the same level for the next two years. This undertaking was given by the chairman of the Panama Canal Commission Board of Directors Mr William R Gianelli at the end of a two-day session of the
      199 words
    • PORTSIDES
      • Article
        Lock icon New CAF on Sept 1
        72 17 Reuter MEMBERS of THE Japan/India-Pakistan-Gulf/Japan Conference will raise currency adjustment factor (CAF) on shipments from Hongkong to India and Pakistan to 8.5 per cent from five, effective Sept 1. The CAF on Hongkong/Gulf shipments not covered by the CAF bunker adjustment factorincorporated temporarily reduced commodity
        Reuter  -  72 words
    • Article
      Lock icon Owners attempt to run ships with smaller crews
      923 18 Fairplay SHIPOWNERS HAVE found a new target to hack at. Competition in terms of services or efficiency has been cast aside. They are consumed by the desire to run their ships with less people than their competitors, regardless of cost. The catering
      Fairplay  -  923 words
    • Article
      Lock icon WEEKLY FREIGHTS
      601 18 AFP FURTHER evidence of a long term improvement in rate levels was apparent last week on the freight market where several fixtures were confirmed at significantly better rates. A continuing healthy level of enquiry was also reported. A shipment of 52,000 tonnes of grain was fixed from the
      AFP  -  601 words
    • Article
      INDEX TO ADVERTISERS
      696 18 AB Shpg V 5 Afea Line VI 3 APC Line V 4 APL III 2/3 Anro Service IV 3/4 ANL 1 1 ASCL M 1 Bolt-Canada Line VII 4/5 Balt-Onent Line VII 4/5 Bank Line V 5 BBS II 4/5 Ben Lme Cont V 3 Ben Ocean
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      LONDON FREIGHTS
      1588 18 MORE active grain chartering with rates ruling fully steady was reported on an otherwise rather dull and featureless freight market on Tuesday, shipbrokers said. The unchanged level of U557.25 was paid for two cargoes from the US Gulf to Venezuela and a vessel was also arranged for this
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      Lock icon Getting the right Tempo for shippers
      181 19 TMR/ITN A NEW MULTI-MILLION dollar electronic tracking system called Tempo will enable shippers and consignees to benefit from faster service from Orient Overseas Container Line. Tempo is a sophisticated communications system two years in the planning and custom-designed to provide instant answers to customer
      TMR/ITN  -  181 words
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      Lock icon Operators worried over impact of global services
      554 19 Lloyd's List NORTH ATLANTIC operators, slowly recovering from the ravages of successive rate wars culminating in the 1963 crisis, are showing increasing anxiety over the impact of the new global container services. The reverberations are just beginning to be felt as United States
      Lloyd's List  -  554 words
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      Lock icon Great Yarmouth port proposes biggest UK harbour expansions
      434 19 FT THE PORT OF Great Yarmouth in Norfolk has announced proposals for one of the biggest British harbour expansions in recent years, a £45 million project which it said would create up to 4,000 permanent Jobs in the town. Completion of the
      FT  -  434 words
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      Lock icon Cruise ship fire caused by oil spill
      186 19 UPI A CRUISE SHIP fire last year that claimed two lives was started by oil spilled on a hot engine and it spread throughout the vessel when crew members (ailed to close fire doors. A US federal government report released by the National
      UPI  -  186 words
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      CONSORTIA
      186 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container
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      'Ships of the future' launched at HDW in Kiel
      86 19 THE FIRST TWO energy and cost-saving "Ships of the future" have been launched at HDW in Kiel for Hamburg owner Peter Dohle. They are the 27,030 dwt multi-purpose container ships Norasia Samantha and Norasia Susan for delivery later this year. The
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    • Article
      SHIPPING LIST where your ships are due...and when
      6790 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.
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      CONTAINER SCHEDULES
      630 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival dote/time Operator Godws for LCL cargo FCL movement schedule Location Nan Hwa Orient Maru Thana Bhum Dhaulagiri Jum Pioneer Uni Humanity Tanah Air Prasetia B Melor Kat Maru Frankfurt Ex Or Exporter N Colombo Adrian
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      Who acts for whom...
      1630 25 The leading shipping lines operating j from local ports and their agents. A-B A Top EntcrpriMt Pit Ltd Some (S) AB Shipping Boustead Shpg Agenc.es Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) Multiport Sdn Bhd
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      SHIPS IN PORT
      402 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 29.8.85/0100 E'tern Glory K28 S'pore Shp alongside Equator V K23 Thong Soon alongside 29.8.85/0200 Wah Fai K35 Sin Chiao alongside 29.8.85/1500 Arun Thai K9 S'pore Shp 29.8.85/1500 31.8.85/0600 Dragonja K16 Borneo 29.8.85/0600 30.8.85/1500 Jenson K22 Thong Soon
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  • Page 17 Advertisements
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      832 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent i times ahead. forewarned will be forearmed $22.00. THE BOOKSHOP mA MEMBER OF THE C.Y. TUNG GROUP OKICNTOVEIQEAS CatdcMKA LINE woe swrmt wKxs dn tom/m 70 SHerfon Way #0443 Banna Hoose
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      Page 17 Advertisements Column 2
      66 17 raDB SHIPOWNERS HAVE found a new target to hack at to run their ships with less people than their competitors, regardless of cost. Page II NORTH ATLANTIC operators are showing increasing anxiety over the impact of the new global contoiner services. Page 111 Index to odvertisers II London freight 11
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      Page 17 Advertisements Column 3
      1292 17 hi Search of EXCELLENCE ey This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense *r MAERSK LINE Penana Ve« Voy I S'por# EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA 'Singapore Clovnj Inn a 7/9
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      430 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific North West Feeder at Kobe Pacific South West Feeder at Tokyo Matter VSL LA/LB OAK Mother VSL SUT VCR BEISHU M 21/9 1/10 TOKYO M 27/® 21/! I AWELO 5/10 1/10 HYUGA 9/10 10/ TMHSHH M. 12/10 15/10 J. ALLIANCE 16/10
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      Page 18 Advertisements Column 2
      281 18 Supercarrier Service Sjwc BARBER rEKSEUS N ROSARIO BARBER HECTOR N ROCHESTER BARBER TOM 7/9 17/9 27/9 7/10 4/9 W9 24/9 4/10 1/9 24 9 UKXI ARRIVAISN ROCHESTER 6 9 BARBER TAMPA 69 N ROTUROAM 26/9 BARBER TEXAS 26/9. N ROUEN 16'' 10 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E.
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      Page 19 Advertisements Column 1
      905 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHAPING Singapore to Sabeh, Sarawak, Brunei Ports and Bangkok CONTAINIRSHIP SERVICE 10 UK/CONTINENT CONTMOSWP fflMCf TO/FROM BANGKOK BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SW6APOK TO SABAH SARAWAK AW) BRUNEI CONTAIHERSHIP SERVICE FROM UK CONTINENT P KeUot
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      Page 19 Advertisements Column 2
      693 19 Franco Belgian Ser vices r*r r•vl Br ,-v:* >-r J ■HI cohtmwi soma TO nitOPt STOK PJCaMKIt Item *'*m Fltav* Dm Mr** M honck aw cam mo 4s* Up) 23 W 24 s* 21 sap as* 1 Oct ktink cmm OttKTV OKF 11 S* 9 S*)M Sap 1 Oct 30d
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      541 20 Hapag-Lloyd EXPORTS TO EUROPE/MED Spore PHelang Penang leiaesßOiao Genoa Hbug Rdam Bha.en Antwerp Sophe Rickmers 17/9 19/9 21/9 11/1# 31/10 24/10 29/10 23/10 Connecting in Kobe I) Connecting in Kaoslnvng J Connecting in Tokyo (Use accepting caigo tor ATLANTIC t GULF PORTS *ia nurolandoridge and US MOW ST by microtxidge
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      Page 20 Advertisements Column 2
      360 20 IKS jline FULLY CO N TAIHERISE D SERVICE S>»» PKelant LeHant Adam fstm Hb«| Antwerp 4 9 < 2/91 23,9 24/9 26/9 28,9 (I 10) 11/9 (9 9) 30,9 1/10 3/10 5/10 1/10 18 9 (16/9) 7/10 1/10 10.10 12/10 15/10 25 9 (23/9) 14/10 15/10 17/10 19/10 (22,10) FROM
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      Page 20 Advertisements Column 3
      448 20 Hai Sun Hup Co (Pte) Ltd TEt *****0f |?0 I.nos) Tl RS??<>6l R*****? t y \STi:i{\ I I\l K I.TI). Specialist in RO/RO Service Accepting heavy-Wts upto 80 K/Tons Sainfs from Japan >ni<l yptn SRI KOCH *35 3 S«* 1 S* CM IMINO 1 *73 4S* iS* 11 SOU MGOTt
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      Page 20 Advertisements Column 4
      574 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARiB/USEC/EURO/FE) EVflt GINUS EVER GOLDEN (Kt COMG FMI GATFO («oi an eio gonrn HHC IK ft/1 7/» u w oa no 1/1 U/l 14/4 is/» KSN CMS HTC RAL IK Fit KM MM IM SM 4/H l/ll 11/11 12/11 22/11 21/U
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      Page 20 Advertisements Column 5
      120 20 o \l HISINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Sinfiparc Last* tar KYOWA LINE TO PAPUA MEW GUINEA/ SOUTH PACIFIC sTOtt PK«b H OCEANA COURO 21/9 L*. tllt octww fori*,, Kieta, Rjb*i W* fiiS SUN UN/ON LINE CANOFUS I A VESSEL taiyo marine line WEST AUSTRALIA SERVICE
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      691 21 MALAYSIA SHIPPING CORPORATION SDN SHD COMMENCING FULL CONTAINER SERVICE WEST EAST MALAYSIA IST VOYAGE DEPART PORT KELANG 5 SEP 85 I PORT AGENTS: PORT KELANG SELATAN AGENCY CO SDN BHD TEL: *****8/*****2 I PASIR GUDANG SELATAN AGENCY CO SDN BHD TEL: *****4/*****8 > KOTA KINABALU TRANSPAC LINES SDN BHD TEL:
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      Page 21 Advertisements Column 2
      947 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT SPORE P KELANG HAMS 1/10 13/10 21/10 29/10 9/11 14/11 24/11 29/11 SION 23/0 2/10 7/10 IVIO 23/10 2/11 7/11 17/11 22/11 BHAffN ROAM 27/9 21/5 Cili o) (dmbu{4i Frjndlurt [ipim CarAfan Bar Kamakwa Maru luff pool Bay Benanon t«k»o Bay BenaMer City
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      Page 21 Advertisements Column 3
      544 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE COHT BUSM YOKOHAMA IOK KAOHSaM GONA V?) ?A I 27/1 M l 2/9 MAIAPAHIT V? 4 II I 14/9 H/9 4/91 9/9 22/9 I 2719 GONA *23 MAIVAMI VMM llT^&yfra' WEST BOUND STOK I MAO BKMEN ATM*/ U. H9IN6/ gm
      544 words
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      Page 21 Advertisements Column 4
      638 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR fßk SWPPWC CORPORATION (Burmese National Line) Loadmf for Ranfoon Plato* Pa 30/1 Sept Phastmre(ya«ry*a V257W 2/3 Sept Lofcaw ¥102 1/1 Sept Pa-an *17 15/17 Sept 2/4 Sept BANK LINE |a<« fr3 i .XUli .flfr SPORE R'DAM HULL HMBG IVYBANK 3 Sep 28 Sep 6
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      1247 22 ECUADOR/PERU/CHILE rsm rv Monet man ma M 7 mmitsa SXNTB W703 spore nus m 2 Stp 3 Stp 5 Stp l*\ IV LINE KAWASAKI KISEN KAISHA, LTD. NG SPORE K0« GiiAY»QIN.CAU.AO M»CA «W< AfAGASTA S.ANTOHO ¥ALPARAISO 5 S«p 7 Stp 23 Stp 25 Oct 2«w 7 Nr 11 13 CENTRAL
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      Page 22 Advertisements Column 2
      565 22 'M CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAMER/REEFER/BU.K SERVICE Lo**n| loc 105 ANGEUS. SAN FRANCISCO. SEATTIE. TACOMA VANCOUVER «C Acceptinj Fa/Fa Coalmen SmppOft IMfHO mratemr isTu Sept 11 Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCI/FCI Cortunen KABMOAS V 24 4/5 Sept 4/7 Sept RAVCAS V7l 14/15 Sep* 14/17 Sept RAMOAS Vl9
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      Page 22 Advertisements Column 3
      540 22 SANKO ASIA f*Om «>MTS ANO HO*OKO*G Setcapore i. FUKUZAKI MMU h P"V* tart SMMwt Ci Sun> u Pte IM TM. 22*1422 r.l Tiun, UNAS Stop Mi M I* MIM/MUM hMf MMU Sharp S*i BM 1* X7ttt/X7M9 GDOM. aiMI F« (i) FUKIBMU MMU Mi HELD OR 2 Jl5 no fibtio smn
      540 words
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      Page 22 Advertisements Column 4
      339 22 INTRASEA (PTE) LTD. 10 Anson Road »2 16 International P'<"J S'nqapore 0207 Tet *****1 1 IHi l.nes) BREAKBULK SERVICE TO EUROPE/UK rr <sr P.T PERUSAHAAN PELAYARM KALIMANTAN WRECT WEEKLY SERVICE TO JAKARTA Daily receiving cargo at Marina Wharf Acc*lta| MWT*e*|/2l ft CP Cadafatn KALIMANTAN SHIPPING PTE. LTD. Tel: *****64 (5
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      Page 23 Advertisements Column 1
      841 23 NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandinavia HK CONTAINER S'pore Closing Times: FCL Cargo 0400 4/9 LCL Cargo 1200 3/9 FROM EUROPE (VIA SUEZ) Where PK dates indicated in brackets, cargo to/from PK transhipped via TO AM) FROM AUSTRALIA: SURABAYA.. JAKARTA SINGAPORE PCNANG P. KELANG.. MELBOURNE ADELADE FREMANTLE
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      Page 23 Advertisements Column 2
      540 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON J Genet<l Sw»y At Mi K2l on JO/I/ 05 Iran (WOO hre 1200 In M V "Hi iDm SOS S Pi*l «(.INI\ NfPTlff AGfNCItS Pit I ID let *****7/ 7 78V.34 ißooAmfsi ???7SIO *****?? lOperjtmml ????487
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      Page 23 Advertisements Column 3
      922 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Telex Numbers RS 213*0 RS ***** RS ***** p KELANG PENANG M/S SHARKAT NAH SOON SOU BHD IST ANO 2ND FLOOR. MESSRS HAI THONG SHTPMG 23 WeM
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      Page 24 Advertisements Column 1
      772 24 Rcj|i»Hfll Container lines 4 Sailings weekly ThJIII Fast Reliable Regular y Punctual Berthing P S.A Mon, Tue, Thur. Sat HINODE KISEN CO. LTD MIDDLE LAST REGULAR LINER■ spiciaiisfD Hfayr iitttrs avaiiabif SUPER SPfHT Snore 10/12 Sept Loads* for. Saialah, Szan Aqaba, Suez l\l VEB DEUTFRACHT/SEEREEDEREI ROSTQC* FORTNIGHTLY FULL CONTAINER SERVICE
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  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      188 24 V* r A Regional Weather S®3 I 33 N \y m iS 4 4! £1 m r* M I p I MM •*> 2^ £5 ml 0 m? SB £S^.jS IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. b^ 1 Wind direction with speed m knots Wave
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      126 25 mi MSC AGENCIS K. LUMPUR P. KELANG PENANG P. GUDANG j. BAHARU LEOSHP *****8/*****6/*****8/*****3 *****1/4 TERMNAL *****1/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST^^^^^^^^^^gjßV'CE irTMTTTMi imiTTWTMIITM! [EHulZ] ii iii l •■imrori nw rTM W4i miMm FIITWTI vmwmm 11 iii 1 -TfrrM irtirffTnwnni ii j wriiTTii"'','"an ■imrtTfLALME3IMEZ3IMCE!IMmiBMmi ALSO ACCEPTMG FOR Minor, L.
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      Page 25 Advertisements Column 2
      344 25 r r >r\n\ in 4* geioal agents sealjon smug (S) m ltd. L/C( JliNt SW6VOK SAIES/BOOKH6S TP. *****1 (I 1 Pr—ch Lhf REGULAR SEm-COWT AIMER SERVICE TO BAHOLA-OEBH/—HA/881 LAMKA/PAKHTAM M/V ARMAGNAC V9LSS M/V CGM VAR VIOLSS M/V CGM VEIAY VIILSS i i\ Scan Dutch To Europe (Med/UK/NC/Scan) 4) GOTHENBURG 3)
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      216 26 WORLD 'S* LINE express regular service japan/hongkowg/straits ALSO ACCEPTING CARGO TO PORT KfLANG VESSELS SPORE P WLAKG GOLDEN LAKE MIX Auj JO S«p< 1 S«pt 2/1 MANO NO 3 W 1 Sopf 12/14 Sepl IS/U OMENTAL ACE M2l Sept 19/21 Sept 22/23 Al WSC bcrlfi Sffflpore it PPW Gdn P2
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      Page 26 Advertisements Column 2
      331 26 Mitsui OS K. Lines Ltd (CONVENTIONAL/SEMI-CONTAINER AFRICA'S au r w icttM EAST AFRICA SEA ARCHITECH ALTAI MARU 1 AFRICA MARU 2 WEST AFRICA MT POWELL 1 5 Sep Mombasa. Daressalaam. Tanga 17 Sep Mombasa, Daressalaam 25 Sep Port Louis. Reunion MT POWELL 15 Sep P. Noire. Abidjan. Buchanan. Monrovia, Tema.
      331 words