The Business Times, 4 September 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, SEPTEMBER 4, 1185 60 CENTS
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  • 597 1  -  By ALVIN TAY FOR THE FIRST TIME EVER, total savings placed with the Republic's two statutory boards the Central Provident Fund and the Post Office Savings Bank have exceeded those of banks and finance companies. The turnaround, which came about in
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  • 637 1  -  Small businesses to be made aware of assistance available By BOEY KIT YIN THE ECONOMIC Development Board is to reach out to ensure that deserving small businesses in Singapore are aware of the government assistance that is available to them. More than $500 million
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  • 428 1  -  By FOO CHOY PENG THE GOVERNMENT is looking into the possibility of a two-tier salary structure for new graduates joining the civil service. While it is looking into ways to peg the starting salaries of graduates to those prevailing in the private sector, which are
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  • 287 1 WAGES WILL BE FROZEN for all staff at Keppel Shipyard's ship-repair division next year. The freeze, which includes the forgoing of National Wages Council guideline increases, will affect 2,623 employees of Keppel Shipyard. This decision was agreed upon yesterday at a meeting between Mr
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  • Article, Illustration
    92 1 BUYERS retreated quietly the Btag»pM« stock market yesterday as share prices drifted lewer la subdued trading. At the close, the Straits Times industrial Index was IM paints tower at 751.81 while the BT Composite Index last 3.22 points to C 42.33. Blue chips and top stocks were thinly
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  • 532 1 MORE THAN 350 Singapore companies have provided strong evidence to support the view that the country has been pricing itself out of world markets. They have identified a lack of competitiveness on price, along with p&or political and economic conditions abroad as the two most
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  • 90 1 Reuter THAILAND and Singapore share the view that the retirement of Pol Pot as commander of the Khmer Rouge army would help the peace process in Cambodia. Thai Foreign Minister Siddhi Savetsila and Singapore Foreign Minister Suppiah Dhanabalan yesterday said that the retirement
    Reuter  -  90 words
  • Page 1 Advertisements
    • 107 1 (O) rwcfi Mti rieoEwvM Most widely used in Singapore. TACNci3I«4P^ OciT^com iViTgmi PTE LTD Tel 743 SSSS SFTBS2E COPYING The Sanyo SFT 852E Copier makes sure of clearer copies and trouble-free operation because of these advanced features: Microcomputer self-diagnostic system informs you of copier malfunction A unique Shuttlex System to
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    • 274 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO DOONESBURY OUR VIEW WE NEED NOT WORRY obout keeping Singapore attractive to tourists. We need not care about preserving the old trading enclaves of Little India, Arab Street and Chinatown. But we must first make up our minds
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    • 103 1 Texas Instruments rstrenchei 400, Jurong Shipyard workers gtvsn option, Back Page Get down to msiness at the •X 4 For entertaining clients or just dining with friends, our newly renovated dining room is the ideal setting. And our new a la carte menu is the ultimate in gourmet Cantonese-Thai cuisine.
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    • 56 1 Singapores First Local Bink with an international banking network to serve you better FOUR SEAS COMMUNIS ATIOHiS BA%« iTO O B* LV mjQ Letter from Devan Nair FORMER PRESIDENT Mr Devan Nair, in a latter, gives hit reasons for not accepting tha conditional pension of $5,000 which was approved by
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  • HOME NEWS
    • 386 2  -  Enrolment figures not very encouraging By CHUANG PECK MING IT IS BECOMING increasingly difficult to get companies to start Basic Education for Skills Training (BEST) programmes for their workers. Of the 650 companies which have been approached by the Vocational and Industrial Training Board (VITB), only
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    • 381 2  -  By MONICA GWEE SMALL COMPANIES in Singapore can easily afford to pay $60,000 to $80,000 for a proper computer system instead of buying a costly car for the manager. This was the view of Mr Matthias Neubert, a division manager (commercfal) of Nixdorf,
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    • 177 2 THIS IS A two-faced automatad taller machine that ia deaigned to apeed thinga up. It can diapenae notee and coina to two cuetomera at the aame time, or It can be built into a wall to aerve customer* inaide and outaide a bank. The
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    • 246 2 A NINE>MEMBER marine and ocean engineering mission leaves for India on Friday for a week's visit to identify business possibilities. The mission will seek possible joint venture partners as well as get first hand information on the state of the offshore industry.
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    • 235 2 CEDRIC JAMES PEREIRA has been appointed the assistant manager, banking operations and systems, of Hongkong Bank Singapore. The bank has also appointed David Sim Chert Leng as manager, tax and secretarial. Mr Pereira joined the bank in 1968. Before his recent appointment, he was the manager of
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    • 854 3 The following is former President CV Devan Nair's letter in response to the conditional pension approved by Parliament. It was released to the Press yesterday. Sir I owe the people of Singapore an explanation of why I feel obliged to decline the conditional pension approved
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    • 150 3 THE ROLE OF GOOD management in aiding a return to growth will be the theme of a symposium to be held on Saturday. "The economic problem can be exaggerated or self-inflicted by mass pessimism," said Mr Sim Keng Chin, the president of the Diploma of
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    • 200 3 THE SINGAPORE population grew by 13,600 persons in the first six months of this year. As at end-June 1965, the population stood at 2,558,000, a half-per-cent growth from the 1964 year-end count of 2,544,400. From end-June last year till end-June
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    • 116 3 CAPITOL SHOPPING CENTRE, the three-storey building next to Capitol Theatre with one floor of car parks, has been fully converted into a car park and is open for use. The newly-converted Capitol Car Park Station has 284 car park lots and another 150
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    • 564 3  - Asahi and AT T begin recruitment About 1600 jobs expected to be created By LOH HUI YIN THE SEARCH has started for key personnel needed to start filing the jobs that will be created by $270 million worth of investment planned for Singapore by major Japanese and US multi-national companies.
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    • 314 3 A WARNING HAS gone out in the property market about bogus estate agents who cheat tenants out of rents and deposits. The Singapore Institute of Surveyors and Valuers has advised members of the public to scrutinise credentials and use
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    • 313 3 SINGAPORE WILL BE the first financial centre outside North America to receive the Pocket Display Quote service Developed by Telerate in New York, the system was first introduced in New York city about a year ago. Since then it has also become available
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    • 103 3 JEBSEN AND JESSEN Engineering Pte Ltd has been awarded a $200,000 contract by SL Marina Centre Development Pte Ltd to supply and install the surveillance system in Marina Square. By December, the centre will be equipped with 22 cameras and eight monitors which will operate
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  • Page 2 Advertisements
    • 386 2 WORLDWIDE COURIER Changing the way the world does business. YOU CAN TELL A LOT ABOUT PEOPLE BY THE SHAPE THEY'RE And you can't be in better shape than when driving the Volvo 740 GLE. The prestigious, 2-litre car whose aerodynamic profile is recognised instandy. There's that unmistakable wedge shape, dipping
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  • Page 3 Advertisements
    • 184 3 Info Singapore Computa'Bs 3-6 September World Trade Centre, Hall 3. Positively the last word on computers and information management in Singapore,this year! Info Computa '85 will provide the latest and the greatest opportunity for you to see into the future of computers and office automation. To keep abreast of what
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    • 91 3 V V THE PRECISION FLEXIBLE DISK COMPETITION fe entry form. All I« V|l g#TiiTST7 •i' r#ni Closing date: October 31, 1985. 3f jIT IBS <$s PNppMBI 4 M§ r- s r-» t r oceenl2ool> PERSONAL COMPUTER in 'V vrtcHi--CrF7'Ti si a m r Plus: N»]|lM KJSJ iKKMbi iJisr Cross pens
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  • OVERSEAS
    • 806 4 ARRIVALS Operator Service Local From number time PAA PA2I 0020 LAX/TYO/HKG SIA SQ41 0605 MAA OA GA7104 0730 HLP MAS MH681 0820 KUL KAL KE624 0840 KUL GIA GA7204 0905 HLP MAS MH603 0905 KUL MAS MH811 0940 PEN MAS MH67I 0950 KUL SIA SQI03 1005 KUL
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    • 249 4 Reuter PRESIDENT REAGAN, declaring himself "back and raring to go" after surgery for cancer seven weeks ago, returned to the political arena on Monday, opening a barnstorming effort to raise support for tax reform. White House spokesman Larry Speakes said
      Reuter  -  249 words
    • 166 4 Reuter THE GOVERNMENT of Belgian Prime Minister Wilfried Martens has survived a row over education policy which threatened to bring down the centreright coalition only 40 days before an early general election, political sources said. Mr Martens went to see King Baudouin on
      Reuter  -  166 words
    • 545 4 Changes seen as attempt to bolster political standing NYT PRIME MINISTER Margaret Thatcher is reshuffling her Cabinet in what appears to be a bold attempt to reverse a recent sharp decline in her political fortunes. Opinion polls and by-election campaigns in recent months have indicated that
      NYT  -  545 words
    • 201 4 Reuter RIGHT-WING union leaders have warned the British labour movement that it is on a suicide course in a rift over Prime Minister Margaret Thatcher's union reform laws. The Trades Union Congress (TUC) opened its annual conference suffering its greatest crisis for a
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    • 305 4 UPI THE DAILY MIRROR, Britain's second largest selling newspaper, was back on the streets yesterday for the first time in 11 days because of an agreement reached with a major print union. Members of the nation's powerful print union, the National Graphical Association, voted
      UPI  -  305 words
    • 172 4 Reuter SUSAN SANGSTER, the former wife of a British football pools tycoon, has married a wealthy New Zealand businessman in a ceremony where they vowed to maintain their independence as individuals. The former wife of Robert Sangster and Australian opposition leader Andrew Peacock married
      Reuter  -  172 words
    • 233 4 UPI THE TRIAL OF 20 militant college students charged in connection with the seizure of the United States Information Service library in Seoul in May has been suspended as the defence lawyers challenged a threejudge panel trying the case. A court spokesman said yesterday the
      UPI  -  233 words
    • 243 4 Reuter AUSTRALIAN High Court Judge and former Attorney-General Lionel Murphy was sentenced to 18 months' jail yesterday for trying to pervert the course of justice. Murphy is the first Australian judge to have been convicted on a criminal charge and sentenced
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  • Page 4 Advertisements
    • 122 4 4 h. Pan Am CLpper Class. For The Price Of An EcQnomy Ticket. WORLD'S FINEST WHOLE-BEAN COFFEE BONCAFE is 100% pure, freshly roasted, choice coffee beans from the key regions of Costa Rica. Colombia, Brazil and Kenya. Packed in a special gold foil bag to seal in the original freshness
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    • 165 4 SAVE WATER. HIT THE BOTTLE. i.. JP SPA p SP\ MINI-RAI \N I I H 1 IU >\l HI 1 <.ll M "technology Future Bank 4th Asian Congress on Electronic Banking Services September 24-25, 1985; Hong Kong One of 12 papers at the Congress The Role of U.S. Money Centre
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  • Page 4 Miscellaneous
    • 48 4 Doonesbury BY GARRY TRUDEAU SO YOU A/AILABLB 7 HEY, YOU PONT THINK EVER.TFJBPTOFOKE THERE'S AN EW&iIY JBUtSH ANYTHING OR BLACK COUPLB AVAILABLE? OUT OF THEIR. AMRTMENT* P 1 Si A ■A 25** IT CAN TAKE MOUTHS! MEANWHILE, YOU GOTTA HNP ANOTHER. PLACE TO UVE! m 3 4k m
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  • Page 5 Advertisements
    • 66 5 The only Card that can promise you a base, a welcome home away from home in overl2oo offices around the world. The only Card youll ever really need For an application, call *****44 ll The American Express® Card. Don't leave home without it. AMEJUCAN EXPRESS* HAS A NETWORK OF OVER
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  • TRAINING & DEVELOPMENT
    • 223 6 PROPERTY MANAGERS have tolfone very far in exploiting tee power of the computer. This 4l|t resulted in a conference organised to help such managers forease their efficiency and i Academic Associates Pte Ltd ft- holding a conference on "jXaaagement Information |)i
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    • 1067 6  -  Economics Correspondent ZHOU MEI finds that the problems which have assailed the Marketing Institute of Singapore (MIS) in its ambition to set up a centre concentrating on visible skills in marketing seem to have been ironed out. It is now ready to proceed with
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    • 70 6 A SEMINAR on computerising the purchasing and materials management department will be held on Sep 9 and 10 at the Novotel Orchid Inn. Participants will learn bow to apply the computer in the purchasing and supply department. Mr David Brown, a consultant of Purchasing Management Services
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    • 377 6 Seminars and courses k i DURATION Sep 9 Sep 9 Sep 9-10 Sep 9-10 Sep 9 -10 Sep 9-11 Sep 9-11 Sep 9 -12 TITLE Project Management for Users General Insurance for Executive Management Computerising the Purchasing and Materials Management Department Techniques of Market Research: Qualitative Research Developing and
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    • 142 6 A COURSE on improving diecasting processes will be held at the Singapore Institute of Standards and Industrial Research. The four-and-a-half day course beginning on Sep II will deal with optimising casing conditions and the use of computers in product design. An overview of
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  • Page 6 Advertisements
    • 311 6 3* -wV F-T?Y Ran Am. V M EK- Ic?* 3M The fastest Daily To San Francisco AndNevvfork. ■f iThere's no more convenient or faster way to get to San Francisco or New York than on our Special Performance 7475. They fly higher and smoother than any other commercial aircraft, which
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    • 163 6 DAI-ICHI HOTEL The Excellence of International Standards. The Charms of Traditional Service. tf traditional service and complete facilities make a difference to you. then stay at the Dai ichi Hotel (Singapore). Travellers and guests will discover restful comfort in our 420 luxuriously furnished guestrooms which command a panoramic view of
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  • BANKING AND FINANCE
    • 866 7 SINGAPORE The US dollar extended its morning gains against most major currencies in moderate late trading on continued short-covering and commercial demand. The dollar rose to a late 2.8450/60 marks from an early 2.8385/95 and London's 2.8360/90 close and to 2.3435/50 Swiss francs from 2.3370/80 and 2.3330/60 respectively.
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    • 298 7 BA Futures AFTER OPENING almost unchanged from Monday's level at 91.51 in the December contract, EarwMlar futures traded slowly yesterday because of the CME holiday. The December contract moved down to 91.47 before closing at 91.48. Currency futures opened lower and continued to ease as dollar strength- ened further
      BA Futures  -  298 words
    • 128 7 THE OVERNIGHT rate on the Singapore interbank money market rose by 4Vi points from Monday to finish at 9V4 per cent yesterday. The one and two-month term rates rose by 1/16 point each while the threemonth rate rose by Vfc point. S$ Interbank rates at 3pm yesterday: Offer
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    • Article, Illustration
      267 7 Asian market ASIAN dollar deposit rates closed firmer yesterday compared with Monday's levels in moderate trading. A narrower US trade deficit of U5110.51 billion in July and a 0.4 per cent rise in US July leading economic indicators continued to support the market. Overnight closed at 8-3/16 8-1/16, up 3/16
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    • 219 7 Interbank rates at 3pm yesterday: Md OMar c mi pai ll| rtmift Local dollars to Oft# unit ©f foreign currency: US dolor 2 2665 2 2675 2 8196 -1962 Sterling pound 3.1209 3.1257 7 3469 -57 52 Australian dolor 1 5593 1 5623 ***** -54 52 NZ dolor
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    • 230 7 HONGKONG: The metal closed weaker in fairly active trading yesterday. The fall reflected the strength of the US dollar and the seemingly stabilising situation in South Africa as the gold miners' strike was not worsening. Bullion ended at U*****.80/333.20 an ounce compared with London's $334.50/336.00 close and the previous
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    • 314 7  -  By SOH TIANG KENG BHF BANK, one of Germany's foremost merchant banks which started business as an offshore branch, has full faith in Singapore's economic future in spite of the present downturn. This was made known recently by Mr K R Schacht, one of
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    • 202 7 Beuter TOKYO'S foreign exchange market is cautious about the possibility that the Bank of Japan will intervene to stop the dollar going over the 240-yen level. Dealers said the latest rise in the value of the dollar came on covering of short dollar positions on
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  • Page 7 Advertisements
    • 361 7 n The Singapore Entrepreneurs CONFERENCE EXHIBITION is coming soon Hyatt Regency Singapore 18 19 October 1985 Who is TEG? The Entrepreneurs Group, an interest group of the Singapore Institute of Management. Dynamic, independent people who run their own businesses or wish to do so. Entrepreneurs who play a vital role
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    • 71 7 The Szechuan Experience with the Meisan Difference >-:4» Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art row m m of true enjoyment. MEISAN At the Meisan. SZECHUAN RESTAURANT Distinctively Szechuan, Instinctively Meisan Royal < Singapom .25 Scottsßoad, Singapore
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  • FEATURES
    • 490 8 THE TOURIST INDUSTRY is a dynamic thing. That may seem an obvious statement, but it is far too often forgotten. And so we have similar tourist-dependent resorts all over the world, and countries making the same mistakes. Some countries let their attractions go completely to seed
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    • 1369 8  -  By ASAD LATIF BOURGEOIS revolutions, Marxists assure us, are discredited by the true, proletarian revolutions which invariably follow. Witness Africa, Asia and Latin America, they add, which are struggling for revolutionary economic freedom after their earlier bourgeois political independence. This struggle is waged by extending the
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    • 249 8  -  Letters to the Editor Ng Keat Seng tor ~i minimi •f Ulaad Bevenf' Dear Sir, "Singaporean" (BT Aug 29) attributes as tax anomaly and inequity, the treatment of income from investments in property. He wants losses from rentals to be set off against
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    • 254 8 Dear Sir, In response to Chinaman's letter (BT Aug 90), perhaps the confused man needs English lessons. "Lamb" and "mutton" are not the same although both meats come from sheep. "Lamb" specifically refers to meat from an animal less than one year old,
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    • 599 8  -  By PATRICIA McCORMACK UPI SOCIAL SCIENTISTS studying the effects of work on family life say women may suffer from work-related stress whether their work is home-based or outside employment. For some women, in fact, work outside the home may serve as a release valve for
      UPI  -  599 words
  • Page 8 Advertisements
    • 171 8 THE EQUATORIAL KUALA LUMPUR, A GREAT PLACE TO COME HOME TO FOR A GREAT DEAL LESS AT Ms9o t5 -,'.v I* *0 i; Enjoy the warm attentive service and the complete amenities we have for a great stay 300 superb rooms and Suites Talk of the town restaurants, The Chalet
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    • 184 8 NOTICE: OFFICIAL NOTICE Proposal to change' of ship's name We, Siong Huat Marine! (Pte) Ltd of Slong HuatBuilding. 240 Macpherson* Road #06-01, Singapore 1394 hereby given notice that 1$ consequence of the pro* posed change of name ofour ship the M T KABILA' SHI', we have applied to the registrar
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  • Page 8 Miscellaneous
    • 653 8 mmtwm mmmm i k CRYPTIC PUZZLE ACROSS 1 Prepore egos os o whisky ingredient (5) 6 Leaps over containers (5) 9 Official opt to be embraced by o killer (7) 10 Vex a g«1 and some boys (5) 11 Grand food for ammoh (5) 12 Be mcbned to slope (5)
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  • SPORTS
    • 408 9  -  By WALTON MORAIS ANOTHER ATTEMPT at forming an Asian tennis satellite circuit which might include Singapore will be made this month. The Asian Tennis Federation is holding its annual general meeting on Sep 27 and the formation of the circuit is on
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    • 547 9  -  By DAVID GABRIEL ENGLAND has won the Ashes by beating Australia 3-1 in the six-Test series. This win will be a tremendous confidence booster for England as it prepares to face the formidable West Indians in the coming winter. Over the six matches against Australia,
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    • 511 9  -  By BRIAN MILLER IT'S THAT TIME of the year again when all conversation revolves around chukkas and when grown men talk of sweaty steeds with absolute reverence. It's also a time when the horsey set shine their spurs and when commoners rub shoulders with sultans
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    • 514 9 US Open Tennis Championships UPI JOHN McENROE fired 15 aces on Monday to fight his way into the quarter-finals of the US Open, but lost his star sparring partner when Wimbledon champion Boris Becker bombed out. An eagerly awaited quarterfinal clash between McEnroe, the
      UPI  -  514 words
    • 276 9 Drive to win a matter of nationality? UPI DOES A PLAYER'S native country determine his athletic desire and achievement? The question and its ramifications confound the world's best tennis players. Mats Wilander triggered the controversy with his statement during the first week of the US Open that "I never expect
      UPI  -  276 words
  • Page 9 Advertisements
    • 154 9 Businessman's Lunch at the Hubertus Grill. It must be the most incredible spread at lunchtime anywhere: the $26.50 lunch that offers over 20 different types of appetisers, hot and m cold soups, a different roast from the wagon every day, a choice of 6 main courses, a salad selection*... and
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  • Page 9 Miscellaneous
    • 1125 9 w iMD mm r APPLAUSE: Hollywood Goaa Broadway Can-Can 9.00 pm, Channel 12 This is set in Paris in the late 19th century, when the can-can was banned as a no-no. Shirley Maclaine plays the owner of a nightclub that features can-can dancers who is frequently hauled into court to
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    • 13 9 Bristow": Fmnk Thc&ens I irsz sc XI DOU>N TOODOGM BNO T<Zj£o OF UIViNG
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  • INTERNATIONAL STOCKS
    • 394 10 'Businessmen led by Hayek take a 51pc stake Reuter A GROUP of businessmen led by Zurich consultant Nicolas Hayek has acquired a majority share in Switzerland's largest watchmaking conglomerate from the banks which helped rescue it in 1963. The long-discussed move gives the Hayek group a
      Reuter  -  394 words
    • 585 10 NYT IT HAS BEEN slightly more than a month since the BankAmerica Corp handed investors a series of shocks. But the effect lingers, with some analysts remaining cautious on shares of the bank holding company, which ranks second in size only to Citicorp. In mid-July,
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    • 123 10 Reuter CRA welcomed a turnaround to profit in the first half from a small loss in the second half of last year. However, the result, representing only a one per cent return on shareholders' funds, must be considered unsatisfactory. CRA, which is
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    • 35 10 Reuter ARTHUR BELL and Sons PLC has said it is recommending shareholders to accept the £360 million bid from Guinness PLC or to sell their Bell shares in the market. Reuter
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    • 92 10 Reuter FIVE DIRECTORS of Castlemaine Tooheys Ltd (CTL) have resigned and were replaced by five Bond Corp Holdings nominees, including chairman Alan Bond. CTL said Mr Bond took control of CTL late last week. It now holds nearly 57 per cent of CTL's 146.53 million shares
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    • 199 10 sir 02 tmd Utvmc Woof*orth 505 1525 -35 INOUSTtlALS MININGS A Alpho 1800 1705 An^os 3000 -150 -30 unch -325 9900B 1350 70 Amaprof 2425 Btrffah 7250 500 1145 5 Chart* 6256 C G Mh 2300 50 Cora Gold 1525 50 CNA 77* -5 Cons Murch 1150 -75 unch
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    • 800 10 Amsterdam 02 AM Ik 514 50 +3 r ibiiii 100 20K* 1 2 AImM 243 AO 3 4 Akn AMtV 126.30 +2 7fS20k*3 3 Aiwl« Am Bar* 90.10 +04 -flr 43.70 -0.3 ZZ 399 00 -T 104 50 +1 53E Catand C4w ***** +3 CM M* Bww F0>
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    • 45 10 Reuter BTR SOUTH AFRICA aiql Dunlop South Africa have postponed further merger negotiations because of the South African financial situation. Dunlop said last month that the terms for the merger would be announced at the end of August Renter Stockholm pricoe were unavailable
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  • Page 10 Advertisements
    • 526 10 pi§r A I JSir* jSI Try the exciting and winning combination of Tift WS Heineken Beer with delicious deep fried crab claws or crispy fried padi chicken. All for $11.00 only! From spm onwards, tap your feet ta the vibrant music of the TEbony" and ThunderbirdsT A separate order of
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    • 165 10 ,=~(-}<)`$/!]/_;?,,@&=?:}?_'))( For authentic Tfeochew delicacies, come to Peng Cheng Lou Special Family Menus Menu (for 6 persons) Croon Prince s ttirn diih combination Teochew soyed goose meat Dried scallop with green vegetables Braised duck with lemon in soup Steamed pomfret Dessert I JBO- "lenu (for 4 persons) I I ring
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  • ASIAN STOCKS
    • 301 11 HONGKONG: Stock prices yesterday closed sharply lower under pressure from higher interest rates and concern over the problems at Orient Overseas Holdings, brokers said. The Hang Seng Index, which lost 40 points on Monday, shed another 29.95 points yesterday to end at 1,586.22. It was the first close below
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    • 206 11 sir a Al smew* Mu> Alio Camant Cothoy Con NT 3.1* 18 60 21.90 -0.16 +0.5 +0.8 Lian Hwa Mm Nan Yo Plos Pacific Com Pacific Bad Wra 10.20 22.90 13.70 12.35 0.45 +0.4 +005 Chang Hwa Bank Chan Loony 44 30 14.95 1.1 0.3 Pooiixig Papar 1.01 1275
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    • 345 11 TOKYO: Share prices plunged in moderate afternoon trading after opening firmer, driving the market average to its lowest point in over two weeks, dealers said. The average tumbled 95.68 to 12,630.96, erasing Monday's 10.12 gain, on turnover of 370 million shares against 340 million on Monday. The broader-based Stock
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    • 108 11 MANILA: Share prices closed generally higher in dull trading. The Commercial and Industrial Index rose 1.30 to 142.78 and the Oils Index 0.019 to 0.803 while the mining marker fell 1.35 to 659.03. Sir 09 Acoft Mining Oriantat B Phtox B 0.014 uncti ***** -0.1175 Ptcop B 0 0065
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    • 422 11 SYDNEY: Australian share prices closed steady although a late rally in the gold sector helped inject some interest into otherwise dull trading following a holiday weekend in the US. Near the close, the All Ordinaries Index was up 0.1 at 937.2, the All Industrials Index was up 1.9 at
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    • 72 11 S£P 03 Bank Seoul WM 685 1 Hyundai Const i rin nrU/im■««••••< KAL900 894 426 unch +4 ■2 655 720 710 -10 1347 470 -20 KoraoMi 423 -*-28 473 +3 Lucky Ltd 610 +9 647 •5 700 unch 3 560 -10 SomMitgBK 813 Gold Star 599 +6 Sartwi. 1151
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    • 164 11 BANGKOK: Stock prices closed higher in light trading, the Securities Exchange of Thailand said. The Book Club Index improved by 0.62 point to 135.11 as 28 stocks finished higher, two lower and seven unchanged. Turnover stood at 140,787 shares compared with Monday's 191,201 shares. SO OS BalMt 3am Ottzari
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    • 53 11 Reuter A CONSORTIUM led by Marubeni Corp has signed a |75 million contract with the Northern Territory government to supply plant for a gas-powered electricity generating station in Darwin. The consortium comprises Marubeni and Toyo Engineering Corp, both of Japan, and John Brown and Co PLC of
      Reuter  -  53 words
    • 259 11 Companies awaiting government approval FT THREE JAPANESE-THAI Joint ventures and a Thai Peugeot-li-censee company are seeking approvals from the Thai government to invest U*****.79 million in the production of diesel engines (or pick-up trucks in Thailand. The four, with interests of major Japanese car
      FT  -  259 words
    • 146 11 Reuter A $100 MILLION public trust will acquire a 10 per cent stake in Alcoa's Portland aluminium smelter. Merchant bank First National yesterday said the stakes of the other two participants, Alcoa and the Victoria state government, will each fall 5 per
      Reuter  -  146 words
    • 321 11 FT KOMATSU, the world's second biggest maker of construction machinery, has decided to build a plant in Europe in the wake of recent anti-dumping tariffs imposed on it by the EEC.. The company said on Monday that it had not decided where to
      FT  -  321 words
  • Page 11 Advertisements
    • 524 11 b<Sf. <?4> to wlae. tfiae aai entertain S\3 is? J/ V* I I •Ss* rf/* .f > Sfc -Vr*',, r_ fflM -j-b' Si x t < i I -•■> ■ta -,f ■.s5 r r ,j Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting. V*
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    • 117 11 let's booze to the music!' HAPPY HOURS: spm 7pm dally ffaaraal happy tima 1 Juat buy a drtnk and gat the aecond FREE. Live entertainment tool Hot rock th«a popular aM-girta. Six Angela Band, ptaya and alnga right Into your haart. Bring* you Into a world at pura entertainment wtiita
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  • RAW MATERIALS
    • 287 12 Reuter INDONESIAN producers are hbiming the policies of the International Natural Rubber Organisation (Inro) for an expected fall in rubber exports from Indonesia this year. Chairman of the Rubber Producers' Association (Gapkindo), Harry Tanugraha, said Inro's market operation had not been effective and instead had further depressed
      Reuter  -  287 words
    • 29 12 Reuter ALDO HOFMEISTER has been appointed buffer stock manager of Inro. Mr Hofmeister, of Uniroyal Inc, replaces Harvey Adams, also an American. He was the only candidate.
      Reuter  -  29 words
    • 264 12 Reuter WORLD FOODGRAIN stocks have been increasing for the last three years yet millions of people in sub-Saharan Africa are starving. The contradiction was a result of food output and rising population and foreign debt in many of the stricken countries, compounded
      Reuter  -  264 words
    • 160 12 Reuter THE INTERNATIONAL Wool Secretariat (IWS) says it has signed an accord with China's Ministry of Textiles that calls for the introduction of effective quality control systems, expansion of textile design skills and development of marketing programmes to improve wool textile manufacturing and trading
      Reuter  -  160 words
    • 47 12 UPI AMERICAN Agricultural Secretary John Block has announced an extension of US$22 million in credit to Hungary for the purchase of US farm products. Officials said $13.5 million of the $22 million credit guarantee was to be used for soybean, cotton seed and sunflower seed.
      UPI  -  47 words
    • 194 12 Reuter THE PHILIPPINE Associated Smelting Refining Corp (Pasar), which runs the country's only copper smelter, says tests have proven its facility can process the mercury-filled copper produced by Benguet Corp. Benguet had said the smelter could not handle the heavy mercury content and
      Reuter  -  194 words
    • 174 12 Yarn Hongkong Golden Peak, 60 x 60 115.50 (In HKS per bole oi 400 lb) China carded yarn, Blue Phoenix 16'* Blue Phoenix 20's Blue Phoenix 32'i Blue Phoenix 40's cones 2,450 2,500 2,900 3,330 White cloth (per piece, 36 mdt by 40 yds) Japan No 10,000 Three Peoche*
      174 words
    • 271 12 Singapore C-l Ord unq (S$/kiio, eii-godown) Loonzain Rice Frogront new crop ft on 100% 1st grade 100% 2nd grade 2?§ IN 2nd 0.58 100% 3rd grade unq 3rd 056 Parboiled Rice New Crop no stock 5% 215 25% 10% 210 10% no stock Thai Broken Moize unq A-iuper Special
      271 words
    • 768 12 COFFEE Robusta futures pared early losses to midday yesterday at up £2 to down £4 a tonne from Monday night's close, boosted from the lows in thin volume by narrowing differentials in primarily switch trading. The market was due £8 to £10 higher in the morning on easier
      768 words
    • 156 12 MALAYSIAN crude palm oil prices closed slightly firmer yesterday on late covering interest as sentiment was supported by renewed purchase of Malaysian RBD palm oil by Pakistan on Monday night. Trading was fairly light as most operators were reserved following the closure of the Chicago soybean market on
      156 words
    • 107 12 THE KLTM price fell five cento to due at MSMM i kg m higher diipml» at the beginning the monthly qnsta yesterday. Total stferlags feU to 2fJ toaaes (ram M 8 aa Mniay bat tanever was well absve the meathly average. The bailer stock manager agala snpparted •traagly
      107 words
    • 219 12 SINGAPORE The market closed lower yesterday with September One RSS buyers quoted at 161.50 cents a kg, down 1.25 cents from Monday. The morning session lost 0.75 cents on some long liquidation in dull and featureless trading. Prices lost further ground in quiet afternoon on continued selling and lack
      219 words
    • 151 12 Chinese Produce FOB NSW 440.00 Exchange (Sellers' noon dosing p Nutmeg rice* on 110 FOB NSW 479 00 Sep 3 (SS/100 kg). E&W FOB NSW 335 00 Coconut oil Bufc FOB 80 00 Gambier OkJ drum FOB 93.00 FOB NSW 330 00 New drum FOB 97 00 Copra
      151 words
    • 261 12 RAS prices m S cants/kg, FOi in b oiw MOON CLOSE Wit 1 RSS Prompt 162 50 I63.50N 161.50 162.50N Int 1 RSS Sept 85 162.50 163.00 161.50 162.00 Int 1 RSS Oct 85 163 00 163.50 162.00 162.50 Int 2 RSS 148.50 149.SON 149.00 150.00N UK/Coot.
      261 words
    • 80 12 (cants/kg, 1-ton 85 OCT 85 (currant month) (forwori i month) NOON NOON RAS Buyers ScHsra Bwy «n SSR 20 134.00 I36 00N 135.00 I37.00N SSR 50 ***** 134.00N 133.00 I35.00N MRELB *-M- jwtn >^.,1 Srfm SMR CV 176.50 178.50N 177.50 179.SON SMR L 176 50 178.50N 177.50
      80 words
  • Page 12 Advertisements
    • 57 12 Sime Darbyj Sime Darby Group HIGHLIGHTS OF PRELIMINARY ANNOUNCEMENT OF THE RESULTS FOR THE YEAR ENDED 30TH JUNE 1985 SUMMARY OF CONSOLIDATED RESULTS PROFIT BEFORE TAXATION PROFIT AFTER TAXATION EARNINGS EXTRAORDINARY PROFITS GROUP PROFIT ATTRIBUTABLE TO SIME DARBY BERHAD 1965 1984 M$ Million M$ Million M. Sen EARNINGS PER SHARE
      57 words
    • 412 12 NOTICES CHANG KM BWEE CONSTRUCTION (PTE) LTD (In Voluntary Liquidation) NOTICE OP PINAL MERINO NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of The Companies Act, Cap. 185, a final general meeting of the abovenamed Company will be held at 16 Raffles Quay #18-04, Hong Leong Building, Singapore 0104
      412 words

  • SHARE INFORMATION
    • 4307 13 FOLLOWING Sime Darby's lower-than-expected results on Monday night, share prices on the Singapore stock market drifted lower yesterday in quiet trading. At the close, the Straits Times Industrial Index was 2.92 points lower at 751.86 while the BT Composite Index was 3.22 points
      4,307 words
    • 249 13 SINGAPORE Rites M B F HMpt 50» 265 +37 Fana M Bob 380 30 M8F Corp SOc 220 20 TOM 376 +8 Y H S 158 +6 Gantmp 575 +5 Acma 110 +4 AMOIiOt 8IM +3 Falls G I Lit* 1300 -50 FCLS 230 -26 Tractor* 190
      249 words
    • 3799 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units .unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,799 words

  • COMPANY NEWS
    • 448 14  -  By CHAN OI CHEE SIME DARBY Bhd. the Malaysian conglomerate, will have to rely on higher contributions from its other non-plantation divisions to ensure profit growth in the current year. Manufacturing, property development, and commodity trading in Malaysia, as well as
      448 words
    • 296 14 Reuter HONGKONG LAND Co Ltd is expected to report firsthalf net profit 14 per cent higher than a year earlier in its interim report tomorrow, mainly on steady rental income and lower interest payments. Stock analysts estimated its 1985 interim net profit
      Reuter  -  296 words
    • 109 14 HONGKONG Hong Seng Index Tuesdoy 1586.22 Monday 1616 17 Week ogo 1667 30 TOKYO Tokyo Dow Jones Tuesday ***** 96 Monday 2726.64 Week ago ***** 41 TSE Index Tuesday 1012.50 Mondoy 1018 29 Week ago *****3 SYDNEY Austrolion Minings Tuesday 525 4 Monday 526.5 Week ago 524 6
      109 words
    • 484 14 SHARE PRICES eased further on the Kuala Lumpur stock market amid light selling as investors turned cautious yesterday. However, a few speculative issues, particularly those in the finance sector, bucked the trend. The market began on a weak note and drifted aimlessly
      484 words
    • 2079 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS AMD (3.725) (5) 3.70 (5) 374 Akom lo 858
      2,079 words
    • 264 14 Monogen' pricn for Sop 4 Singapore Unit Trust The Commerce I 63 t 73 Th« Sootngt Fund I 33 I 41 S'pofe Prog Fund 0 73 0 77 S'pore Sec Fun) I 03 I 09 S'pore WweM Fund 0 77 0 82 S'pwt ti|u»y Fund 0 74 0
      264 words
    • 914 14 SHARE PRICES closed easier yesterday after a slightly firmer opening with sentiment hit by renewed weakness in the electrical sector. At 3.30pm, the FTSE 100 was down 3.7 points at 1,336.,6 after a record high of 1,344.7 at 10.26 am. Plessey ended 2p off at 138 on worries
      914 words
    • 106 14 KINTA KELLA8 TIN DREDGING PUBLIC LIMITED Cempaay: AGM at A1206, 12A Floor, Wis ma Lim Foo Yong, 86, Jalan Raja Chulan, Kuala Lumpur on Friday, Sep 6, at 2.30 pm to be followed by an EGM. MALAYSIA AICA Berfcad: 16th AGM at Rasa Sayang Hotel, Batu Ferringhi, Penang
      106 words
    • 532 15  -  By AMY CHEOK BATU KAWAN BHD, a member of the Kuala Lumpur Kepong group headed by Tan Sri Datuk Lee Loy Seng, is selling a 31.16 per cent stake in its listed subsidiary, Duff Development Bhd, to a bumiputra company for
      532 words
    • 235 15  -  By CHAN OI CHEE QAF LTD and Emporium Holdings have concluded an agreement to set up a new joint venture company which will own and operate eight, instead of the earlier mentioned seven, of the supermarkets in the Emporium group. The
      235 words
    • 486 15 Bernama. PROMET BHD, the marine engineering group, has retrenched more than 100 employees since early this year, mainly due to a lack of offshore contracts. Managing director Datuk Brian Chang said yesterday out of the 10 contracts awarded to Promet, six were completed last
      Bernama.  -  486 words
    • 353 15 DUNLOP MALAYSIAN Industries Bhd (DMIB), now in the Sime Darby stable, is all set for a major tie-up with Sumitomo Rubber Industries to produce earthmover tyres. The eventual team-up will not only mark a major manufacturing joint-venture effort, but will possibly pave the way
      353 words
    • 317 15 MALAYSIA'S Director General of Insurance has approved the purchase of a 60 per cent stake in Malaysian American Assurance Ca Bhd by Melewar Equities. On completion of the exercise, Melewar will make an unconditional cash offer for the remaining shares in MAA, at M$8.82 each. INNOVE8T BHD said
      317 words
    • 149 15 KENTUCKY FRIED Chicken (S) Ltd has appointed merchant bank Morgan Grenfell (Asia) Ltd as advisers to the independent directors of the company in connection with a takeover offer by Innovest Bhd. Malaysian-based Innovest, through its Singapore subsidiary, Hart Holdings (Pte) Ltd, has acquired a controlling 57.3 per
      149 words
  • Page 14 Advertisements
    • 537 14 APPOINTMENTS Senior Foreign Exchange Dealer Salary negotiable Our client is a major international bank with a strong commitment to this region. It seeks a results-oriented and positive Dealer or Senior Dealer to help manage a long-established and successful foreign exchange team. He/She must be well-experienced in spot and forward trading
      537 words
    • 204 14 SlMi S.G.S. Singapore (Pte) Ltd. Technical Services Division presents a training programme in TERISED INFORI MANAGEMENT INSPECTION DATA COMPUTERIZATION Date: 16 —20 September 1985 Venue: Royal Holiday Inn, Singapore Fee: 552.950.00 Objectives: (1) Introducing the computer and its operation (2) Uses of data base programmes, "dßase III" for data accumulation
      204 words

  • Page 15 Advertisements
    • 26 15 Cremaris Computerised Credit Report fast, factual, facilitating. «X> «A> Cremaris Research Ltd 315 Outram Road #06-08 Tan Boon Liat Building, Singapore 0316. Tel: *****22 (7 lines)
      26 words
    • 309 15 JLW INDUSTRIAL PROPERTIES Comprises 2-storey administration building, 4-storey factory building, single-storey workshop, 2-storey office block and canteen. Total area: 27,000 sq.m. Located at junction of Hillview Road and Upper Bukit Timah Road, 2.5 km from PIE, along main bus routes and new proposed Bukit Batok MRT station. Abundant labour supply
      309 words

  • 311 16 HWA HONG CORPORATION, which recently obtained a fiveyear $50 million secured revolving underwriting facility (RUF), made its first drawdown amounting to $20 million yesterday. A tender panel of 17 banks, lined up by manager and issuer Wardley Limited, will be making a
    311 words
  • 393 16 POOR BUSINESS has forced microchip maker Texas Instruments Singapore to reduce by a fifth its 2,000-strong workforce at its Bendemeer Road factory. The cutback of 400 workers will not affect the other Texas Instruments factories in Bedok and MacPherson. The semi-conductor company
    393 words
  • 372 16  -  By MONICA GWEE WITH ONE EYE firmly focused on events along his country's border with Thai Foreign Minister Air Chief Marshal Dr Siddhi Savetsila yesterday urged young Singaporeans to persist in strengthening national and regional ties in the Asean spirit of teamwork. "We
    372 words
  • 187 16 UNIVERSITY GRADUATES were yesterday told not to be afraid to look for jobs outside their specialised fields and to adjust to present conditions. "Now is the time to be realistic, to exercise patience and to adopt an approach towards career development that will work to
    187 words
  • 216 16 AFP, Bernama. MALAYSIA has bought a 27-year-old refinery from France. The installation will be dismantled and transported by ship for reassembling in Perak. The transaction was announced in Strasbourg, France, by the refinery's president, Georges Schaeffer, on Monday. Mr Schaeffer declined to disclose the sale
    AFP,; Bernama.  -  216 words
  • 168 16 NYT THE AMERICAN economy weakened further last month, with no sign of improvement for the rest of the year, according to a report released yesterday by a national group of purchasing managers. New orders, which generate production and are therefore a reliable indicator of future
    NYT  -  168 words
  • 50 16 Reuter TAIWAN PLANS to issue visas to foreigners at its airports in a bid to attract more tourists. The Communication Ministry said yesterday that arrivals were 3.4 per cent down in the first seven months of the year compared with the same period in 1984. Renter
    Reuter  -  50 words
  • 89 16 JURONG SHIPYARD workers who feel they have been forced to retire under the company's voluntary retirement scheme now have the option to go back to work. The shipyard employees' union said that it was sending out letters to the 275 workers who quit under the
    89 words
  • 193 16 Bernama, NST NST MALAYSIAN Deputy Prime Minister Datuk Musa Hitam has expressed the hope that civil service unions are aware of how far they can go in their fight for higher salaries. He said yesterday that he did not want the threats of
    Bernama, NST; NST  -  193 words
  • 69 16 Reuter COMEX GOLD FUTURES lost more than US$5.OO an ounce on disappointed liquidation yesterday morning following news that a strike against some South African goldmines had failed to attract mass support. Spot price fell $6.20 to $327.00 an ounce. The December contract fell $5.50 to
    Reuter  -  69 words
  • 74 16 THE NEW YORK stock market eased in early trading yesterday with light volume following a three-day weekend. The Dow Jones Industrial Average was off one point to 1333. Declines led advances by a five-four margin on turnover of 6.85 million shares. Atlantic Richfield led the actives, off
    74 words
  • LATE FILE
    • 43 16 Reuter BLACK STRIKERS at South Africa's vital gold and coal mines streamed back to work yesterday. Riot police and troops meanwhile mounted a security clampdown on black townships on the first anniversary of the unrest in the country.
      Reuter  -  43 words
    • 47 16 UPI AIDS had struck a reported 14,000 people by the end of August and there are millions of carriers of the virus capable of spreading the infection. The World Health Organisation yesterday said there was no cure in sight for the disease. UPI
      UPI  -  47 words
    • 35 16 UPI TOKYO health officials said yesterday that a banned additive related to the antifreeze agent found in several European and Japanese wines had been discovered in ice-cream flavourings imported from Italy. UPI
      UPI  -  35 words
    • 50 16 UPI SOMALIA has agreed to lease to the US 800 ,sq km of wasteland for the disposal and storage of hazardous radioactive nuclear waste. The anti-government Somali National Movement reported the lease on Sunday on their Radio Halgan. There has been no independent confirmation of the claim. UPI
      UPI  -  50 words
    • 34 16 UPI A SUICIDE DRIVER crashed his car into a militia checkpoint and blew it up yesterday, killing 37 Lebanese militiamen and Israeli soldiers, the pro-Syrian Baath Party Organisation said. UPI
      UPI  -  34 words
    • 38 16 UPI US OFFICIALS said yesterday that they had submitted to the Philippine government affidavits executed by six American servicemen which may shed light on alleged Philippine military involvement in Benigno Aquino's murder. UPI
      UPI  -  38 words
  • Page 16 Advertisements
    • 20 16 5 GOO® et^ 0506 «SsS«3ss 1 Keck Seng Group 338 2828 (Mrs Yeo) Richard Ellis *****81 (Ms Ang Hong Be)
      20 words
    • 97 16 Can vou affiwd a worldwide courier service that cannot guarantee personal delivery to your client's f v -yu ■P. 'o** lii TNT Skypak delivers desk to desk worldwide through an extensive network of over 240 wholly owned stations in 80 countries to guarantee you v the fastest, safest possible personal
      97 words
  • Page 16 Miscellaneous
    • 58 16 Outlook for today: Showers expected in o few oreos in the kite morning ond early afternoon. Report for 24 hours prior to 7.30pm on Sep 3 at the airport: Maximum temperature 30.8 Associated humidity 68 Minimum temperature 23.9 Associated humidity 89 Hours of sunshine 1.40 Rainfall in millimetres 0.5 Roinfall
      58 words

  • SHIPPING TIMES
    • 108 17 AFP PILOT FEES on the Saint Lawrence Seaway are becoming excessive, the Dominion Marine Association said on behalf of shipping companies using the route. The association, speaking for the main users of the 2,400mile waterway from the Great Lakes to the Atlantic, says the
      AFP  -  108 words
    • 437 17  -  Unloading containers directly from ships By G DURAIRAJ JOHOR PORT will be able to handle more than just selfgeared feeder and coastal container ships when its new container berths are completed in November. One of three berths constructed under the port's MJ27O million second phase
      437 words
    • 367 17 AMERICAN FLAG liner operators have slashed between 10 per cent and 34 per cent off their rates for carrying military cargoes in the increasingly competitive attempt to win traffic on depressed markets outbound from North America. Reflecting increased capacity and stagnant
      367 words
    • 175 17 A 486-TON Japanese cargo ship and more than 20 fishing boats sank when typhoon Pat, with maximum centre winds of 200 kilometres per hour at one point, swept through Kyushu, Japan. Seven bodies were recovered from the ocean and one rescued fisherman died at a
      175 words
    • PORTSIDES
      • 96 17 AN OIL TANKER operated by the Japanese company Sanko Steamship, which has the world's biggest tanker fleet, has been seized at Le Havre, France, over alleged non-payment of repair bills in West Germany. A commercial court in France issued a provisional seizure order on the tanker after
        96 words
      • 69 17 TWO WEST German shipyards have reported newbuilding orders. J J Sietas in Hamburg has received an order for two chemical carriers of 2,8000 tonnes deadweight each from the shipping group Deutsche Afrika-Linien/John T Essberger. The vessels, scheduled for delivery in the second half of 1986,
        69 words
    • 542 18 UPI CANADIAN GREAT Lakes shipping companies are in the midst of their worst financial crisis since the St Lawrence Seaway opened 26 years ago. The reduced grain shipments caused by a glut on the international wheat market and by a severe drought has destroyed large
      UPI  -  542 words
    • 301 18 Fairplay WORK ON PRODUCING modernlanguage, self-contained versions of the standard marine insurance clauses in use in the London market has resulted in the recent publication of a revised "additional expenses" clause in connection with cargo war risks. This rather rare form of
      Fairplay  -  301 words
    • 467 18 AP A GREEK freighter captain beat two Kenyan stowaways with a hull-scraper before forcing them and nine others to jump overboard into shark-infested waters in the Indian Ocean, a criminal court in Piraeus, Greece was told on Monday. "I watched the
      AP  -  467 words
    • 880 18 A Top Ent X 4 AB Shpg V 5 Accord Shpg X 1 Afea Line VI 3 Affinity Shpg IX 3 Ahrenkiel Liner X 1 AC Toepfer X 5 APC Line V 4 APL III 2/3 Antah Orient X 3 Arrow Lines X 5 Atias Lines X
      880 words
    • 1349 18 CHARTER rates on the I London shipping freights market held a stable course on Monday in dull < early week business. i Major trading routes i were not represented in scant fixing but last week's decline in the official daily index of the Baltic International Freight Futures Exchange
      1,349 words
    • 214 19 Reuter IRAQ REPORTED its fourth air raid on Iran's Kharg Island oil terminal saying its planes dropped some eight tonnes of bombs on the economically strategic installation. The announcement came as the war between the neighbouring Gulf nations neared the end of its
      Reuter  -  214 words
    • 509 19 Lloyd's List FIVE FORMER officials at Sunamam, Brazil's shipbuilding and finance authority, were involved in "irregular payments" to shipyards, an internal government inquiry has found. The findings, contained in an inquiry report handed to Brazilian Transport Minister Mr Affonso Camargo, raise the possibility of
      Lloyd's List  -  509 words
    • 624 19 AFP RECOVERY FROM this year's particularly deep depression in shipping freight rates appears to have ground to a halt. Panamax vessels on the key US Gulf to Japan grain route were still accepting U5510.75/tonne for September delivery in the past week, sustaining the slight recovery from August's worst
      AFP  -  624 words
    • 192 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. L Korean Shipping Corporation. Neptune Orient Lines.Orient Overseas Container Line. Cho Yang Shipping. ANftO (BTRAITB/ AUSTRALIA): Australian National Line.
      192 words
    • 102 19 THE 20 MEMBERS of the new trans-Pacific soperconference have been told that their agreement I» to be monitored minutely by US maritime authorities. The Federal Maritime Commission said thai monthly reports had been requested from the Asia North America Eastbound Rate Agreement (Anera). This is to
      102 words
    • 2859 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.
      2,859 words
    • 757 25 CONTAINER TERMINAL Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrivol for LCL movement Voy date/time Operator cargo schedule Location Gulf Pioneer Sea Hawk N.ago 21 Maria Meorwa N Van Neck Niaga 30 Keum Glory Thono Bhum Y Bondarenko Tanah Air K Gavrilov Ming Energy
      757 words
    • 1631 25 The leading shipping lines operating from local ports and their agents. A— B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line Africon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgA gencies (S) Multiport Sdn Bhd
      1,631 words
    • 408 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Ivybank Jenson IV Str Venture Turkmeniya Yuheng No 2 Anderso Gaoyang Keizersgracht Murrayeverett Ned Loire Straits Hope Straits Star Thanh Hoa 1 Thanh To K18 K23 K24E Kit K19 K17 K33 K27 K21 K12 K24E K25W K21 K11A
      408 words
  • Page 17 Advertisements
    • 828 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be l forearmed $22.00. TIMES THE BOOKSHOP Orient Oveiseas CokUu** Line Agents: «n» mm. 9*r«K acemces d«t 2*2*4/iwo A MEMBER OF THE C.Y. TUNG GROUP MM SHPPW6
      828 words
    • 67 17 MOB CANADIAN GREAT Lakes shipping companies are in the midst of their worst financial crisis since the St Lawrence opened 26 years ago. Page II FIVE FORMER officials at Sunamom, Brazil's shipbuilding and finance authority, were involved in "irregular payments" to shipyards. Page 111 Index to advertisers II London freight
      67 words
    • 1231 17 hi Search i v JP r i This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense THE BOOKSHOP MAERSK LINE STILL THE FASTEST TO U.S. WEST COAST SINGAPORE/LONG BEACH 18 DAYS KeUng #nan<s Vepael Voy S"
      1,231 words

  • Page 18 Advertisements
    • 527 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Whl Fwdtr at Tokyo MMhtr YSI LA/IB OM i. apoilo s/io 1/10 YAMASHN a 12/10 15/10 TAMASHN M 12/10 15/10 ZEELMOU 10/10 22/10 Pacific North Waat odor at Koba Mitt* is sui ki HYUCA 9/10 10/10 1 ALLIANCE 16/10 17/10 R* BRCGE 22/10
      527 words
    • 185 18 Il Supercarrier Service BAJtBER «CIO* n rockster NEXT JUHHVAIS N ROCHESTER 6/9 BAJWfR TAMPA 6/9. N ROTTERDAM 26/9 BARBER TEXAS 26/9. N ROUEN 16/10 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BM» reus BAABER TOMSK •in leader St Wins. Bass* Terre. Castries, Fort de France Pwnt Prtre. Port
      185 words

  • Page 19 Advertisements
    • 1127 19 The Straits Steamship Group ILr Mansfield Container Shipping PteLtd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok V C.ONTAINERSHIP SERVICE TO UK CONTINENT cm or CDMUKH FUJKFUtT [MS CAROGAN BAY KAMAKURA MMU uverpool MT KNAVON TOKYO MY KJMU»I CITY Of EDMUKH FRAMFURT EIPRESS Also Accepting
      1,127 words
    • 522 19 Franco Belgian Services y+r Iji. y' a*rrv *wv ,-wi n >'jr A~#.r*-n I %n*j MBl M OF ACt CONSOR TM ir? St •s -u *Y? LLU CHARGFURS HAVRAISE MEDEX I INF AIM (MFD CLUB Mf MBFB i r 'ill -JiL m MM 22 S* 24 im II Oct 13 Od
      522 words
    • 155 19 SwvicM to major Aela-PecWc countries with complete range of *****" dry/ratter containers and hi-cube 45' gamienta and other specialty equipments PLUS: Atlanta Chattanooga. Cincinnati. Cleveland. Columbus. Dallas, Denver. Detrort, Greenville. S C. Lebanon, Longbeach. Memphis. Nashville Portland Sacramento, San Francisco. San Diego. Stockton, St Louis. St Paul. Tacoma PLUS: Baltimore,
      155 words

  • Page 20 Advertisements
    • 518 20 u Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scamfinavia, Med, Carribean IS. America Wand haubfe to inland destinations in Europe I TO EUROPE/MED S port PKetangPenang Leinetßdbao Genoa Mug Idam Bhaven Antwerp Sopt *e *rtmws2«/S 20/9 21/1 24/10 S/ll 31/10 2/11 21/10 Al Mubarak* 10/9 10/10 25/10 19/10 22/10 lim
      518 words
    • 468 20 ]t£.& LINE tOMfi i» %l J FULLY CON TAINERISED SERVICE 10 EUROPI VM SUEZ gMt^c^a»nortMTi Sport P Ktlanf I ItMawt fton fifm* tTW| Ai*»«p OMENTA!. CHEF 45* ROMAN lACERN 30* NEPTUNE OtYSTAE 11* KOMAN CHANCE 23* 11/? 9/9) 18/9 (16/9) 75/9 (23/9) 2/10 (30/9) 30/9 1/10 3/10 5/10 8/10 7/10
      468 words
    • 597 20 Hai Sun Hup Co (Pte) TFI *****06 (20 lines* Tl R*****1 Ltd RS 206 72 11 t i:\STi:i{\ \K 1.1 M.U. I.TI). Specialist in RO/RO Service Accepting heavy-Sfts upto 80 K/Tons Saints from Japan v*u« S pore f Kuchnf ftura sai KOCM V» 5 S«pt ki Port CM LMEK NO
      597 words
    • 823 20 Q EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) sgp mg KSG 17/9 21/1 22/9 a/9 a/9 1/10 7/10 1/10 11/10 15/10 10/10 10/10 21/10 24/10 20/10 30/10 11/10 KLG PW OS 24/0 27/J 20/0 2/10 5/10 7/10 10/10 11/10 15/10 11/10 21/10 21/10 20/10 29/10 11/10 2/11 Vll
      823 words
    • 254 20 o US I NOSE MARITIME PTE LTD SOUTH PACIFIC STORE WeUnc Lm*( tar WHITE ULY 29/9 Suva, Lautoka. Papp«He« OCEANA QUEEN 4/10 Lac, Owfcay. P. Moresby, Akrtau, Honiara. Kieta. Rabad, Kimbc, Kavim( OCEANA COURO 20/10 -doSUN UNION LINE u m TAIYO MARINE LINE WEST AUSTRALIA SERVICE VSI PT KELANG S
      254 words

  • Page 21 Advertisements
    • 842 21 V\v JAVA MUTIARA MEGAH WMAWAN SEJATI WANCSA AGUNG PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 EAST AFRICA/RED SEA SERVICES I*l*l KARACm/M.E. GULF SERVICES !!'>.L77IP KOTA BERJAYA HOT A RATU COLOMBO/CHITTAGONG/RANGOON SERVICES CHINA SERVICE BANGKOK/INDONESIA SERVICES rf I:: :l HI ARACHI DUBAI SHANGHAI, XIMQANG 10-13/9
      842 words
    • 759 21 BENLINE CONTAINERS >. xg-j.ir;i.s i.i',>Rini;a.i BNAVEN ROAM 27/9 20/0 VII »/io 11/11 11/10 11/11 11/11 2C/10 27/11 C/U 7/11 11/11 12/11 21/11 22/11 2C/11 27/11 HAMf 30/9 1/10 13/11 21/1* 29/1* 9/11 14/11 24/11 29/11 SPOK P KEIMG STON HAM 23/1 25/1 2/11 3/10 7/10 0/10 15/10 It/10 23/10 24/10
      759 words
    • 480 21 DJAKARTA LLOYD INDONESIAN NATIONAI I INF 3 lawti CO«A *23 W majapamt *74 14/9 23/9 2/11 11/11 WEST BOUND STORE BUM MMEM ADAM/ ILK KTUKy UCEAN m *?WB 20-23/9 24/11 22/1* 27/11 25/10 tTi «tn LONDON AMSTERDAM HMBUK UMNUKVMB 29-1/11 24-24/11 27 29/19 19-2/11 1-9/11 CM.L9K f. KEIAN6 OH 24/1
      480 words
    • 639 21 BOUSTEAD SHIPPING AGENCIES m Mandalay Vlo* BURMA FIVE STAR (Burmese National Una) Loadnc for Rangoon •ore rjtatut N■ 7/11 Sopi LasMo V49W 9/11 S*t 13/15 S*t 11/17 S*t Mawlamyainf V2SN 29/30 Sopt «5W 20/22 Sep* loadhi far HK6/fN 13/11 S«pt BANK LINE SPORE R'DAM HULL HMBG CLYDEBANK 25 Sep 18
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  • Page 22 Advertisements
    • 1231 22 ®a"K'line —KAWASAKI KISEN KAISHA, LTD. PACIFIC COAST FEEDER/ CHOW BRDGE V 47 MERC*TOR V36E MONTE RUBY V 33 .AISO ACCEPTWG MONTREAL. TORONTO AND OTHER US PACIFIC. GUIF. ATLANTIC PORTS N N.ANO PORTS USA CANADA (bMlidig DESTINATIONS INLAND vU IPI MICROBRIDGE MINILAND BRIDGE) "MOTHER VESSEL STORE PKL6 PENANG STORE OREGON BRDGE
      1,231 words
    • 542 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lo«k*c to» lOS ANGELES SAN FRANCISCO SEATTLE. IACOMA VANCOUVER BC Accepting fCI FCI Containers P Aetanj Sffl(apore L Aflftfes IMATEmr 15/ It Sep* 11 Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accept** FCI FCI Containers MBIRDAS V? 4 5/6 Sept RAVOAS V? 8 RAMOAS Vl9
      542 words
    • 512 22 GOLDEN LINE GUAM GUAM SMPfMG (Pit) LTD T«m| PiewKMl tjNk MMtaL M Cad SM, sacra* iim m m»m <ii net) l«t IMb I OTP* Mill P. MM *7*l PfKnw *****1 PnTLtav «cad OHM LLOTO (M) SM MD IE M 37 STR/UTS/PERSIAN GULF SERVICE: S port P KftjntPen** GOtOCN HOMO Colombo
      512 words
    • 408 22 f INTRASEA (PTE) LTD. 10 Anson Horfd »27 Internation.i 1 P Smijaporf 0207 Tet 2 24b') 1 i 1 O L >nesi <> BREAKBULK SERVICE TO EUROPE/UK P.T PERUSAHAAN PELAYARAN v KALIMANTAN DKECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK isd ETA/ETD DESTMATUN GA XXI Voy 12/85 kft/5 Sep Murta/OrabM a xxxn
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  • Page 23 Advertisements
    • 716 23 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): TO AND FROM AUSTRALIA: Abo accepting cargo to, trom Bangkok and E Malaysia A Asia S pore Closing limes fCI Cargo 1400 6/9 LCI Cargo 2200 5/9 TO/FROM NORTH AMERICA PACIFIC COAST WEEKLY SAILINGS EXPORT IMPORT Feed* Veud Klang S pore
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    • 578 23 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON S CIWI AI.tNTS NfPIUNI AG! NCR S Ptf I ID Irt *****77 ?*****4 ißnokmf-,) ???7SIO ??m?7 (Opfratiomi ????48 I ??09?84 l Terminal I ??0?4M) ??0?S04 I CIS I Mil mil tuNis lIINAS SHI* SON RHP
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    • 920 23 swsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SINSOV SWGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELANG PENANG M/S SHARK AT NAH SOON SON MO IST ANO 2NO FLOOR. MESSRS HAI THONG SHTPMG 23
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  • Page 24 Advertisements
    • 894 24 Regional Container Lines {gSSSSTiI 4 Sailings weekly Fast Reliable Regular y Punctual Berthing P S A. Mon. Tue. Thur. Sat MTU ROMSORTRJM MTU RONSORTRJM Sit GLORY PIYA BHUM BUNGA KEMUNNG SOU BHUM SEA PORTWt PIY* BHUM ETA/SIKAfOI ki Pt/4 Sep s/osep 7/1 Up >/- Sep 10/11 Sep Sep 12/13 Sep
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    • 37 24 COLUMBUS LINE Penanc PJHanj Spore Jakarta Strabaya SOIC I 6 Sept 7 Sept I Sept 11 Sept 13 Sept Columbus Navigation Pte Ltd 50 Raffles Place #12-05 She! Tower Tel: *****00 Th: ITS 2SMS LPS Contact Mm/Judy
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    • 30 24 LOYAL SHIPPING LIMITED T General Agents: CONFER (SEA) SHIPPING PTE. LTD 76, South Bridge Rood, #06-00 Sinoooore 010$ Tel No *****97/*****93/*****80 Penorvg Agents: ORBIT SHIPPING SON BHD Tel No *****2/*****2
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  • Page 24 Miscellaneous
    • 184 24 1 Regional Weather tra s n©4 MA* toiy (if in£s is Nl >3r eS 35 I t. 5T' M 5 £^> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND R Thunderstorm Temperature o c Sho er Weather Wind direction with speed in knots Ro,n Wave height Cloudy
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  • Page 25 Advertisements
    • 199 25 ii W EAST ASIA LINE J (Malaysian Flog) Regular Lin*r Sarvicm Itftmn RTMA/SVOfIE/INDIA F. Kctong Penong S'pore Ldg for AMAH SjM bM CMHafanc NXRA PERTAMA «/9 10/5 12/9 B«Ruy REGULAR JAPAN/STRAITS/JAPAN SERVICES I ARBOR In Pwt TMun east asm sh*p«c son. bm>. pi. Tit 3*0022/% MFBC HI. T* S3IIII/53SU0 CONFER
      199 words
    • 201 25 ft APID SHIPPING PTE LTD STORE TEL: *****44 TLX: ***** K.L. TEL: *****5 A *****0 LCL LOADING FOR ETA SM f Hkf, Dana. Bib. Co*. BKK 7/9 14/9 S Port Louis 1/10 31/10 If Ldn, Rdam, Awerp. Hbw( 15/9 29/9 A Syd. Md.Bri.Ade.Frc 12/9 2/10 3^ )REGULAR CONVENTIONAL/CONTAINER AGENTS BAYANIHAN
      201 words
    • 320 25 DIRECT SERVICE TO CHITTAGONG WY ETA STORE ETD SPORE TBN 15/9/85 18/9/85 FLAG-JAPANESE CLASS—NK LAST SPECIAL SURVEY PASSED JUNE 1985 GEKXAL AGENTS AFFINITY SHIPPING PTE LTD SKGATORE TEL: *****22 TLX. 2(842 STLMC Nedlloyd EAST COAST SOUTH AMERICA VESSEL |"siN RIO.J S'TI N. Loire 1/10 6/11 8/ Lanin 19/10 12/ M.
      320 words
    • 112 25 •<E>' OCEAN BRID6E SHIPPING PTY LTD, FREMANTLE REGULAR SAILING TO FREMANTLE MV HELEN COAST ETA 7/9 ETC) 9/9 lipping Co I l-M/M T«|b|M| 1(1 Ctd u m n'H f«|b|M| <1M I«t 27X277 4 pB LIN LIN SHIPPING PTE. LTD. 1. Magum* Road. »05-0«. Central BuMding. Singapore 0105 Ta<: 533M14 ft
      112 words
    • 64 25 LIZENA PTE LTD T*fc *****67, 73M0SS Tatox: R*****1 PROMPT SHIPPING LINE SA. KOfL* MMNLT IB BMCI TO NOT HCM WB \l n» STQK HMKWNE CMUI 5 U# MBMH. TIM*. lOC. KWTWOK MftTML CfflWBT KMI CMCEI IS Oct TQM DM*. MBMH lOC. DOUOU MIMK. MO TOM HUMGHM CNKDt Oct mn» town-
      64 words

  • Page 26 Advertisements
    • 387 26 STONEAGE FCL LCL TO nHSNWOK LOACTWG FOX AUSTRALIA 7/9, 15/9. 2/10, 4/10 Sydney. Mebourne, Brisbane Adelaide t Fremantle NEW ZEAL AM) 1/9, 13/9. 20/9, 29/9 Auckland. Wetoflon, Lyttleton. M!| >Upin New nymOUTn USA. 9/9, lt/9, 23/9, 30/9 East/West Coast I Gulf ports HONG KONG/CMM 7/9. 14/9. 23/9. 29/9 Hone Konf
      387 words
    • 273 26 A Security Freight Systems Pts Ltd A 14A BENOI SECTOR. SINGAPORE 2262 T I TEL: 264-1388 TELEX: RS ***** MOVEIT I REGULAR WEEKLY SERVICE TO BATAM ETA ETD •B*|es T.H. BR 29/S 31/1 CENTRE HOUSE PTE. LTD. No. 15 Beach Road, #05-11 Beach Centre, Singapore 0718. Tel: *****28 (3 lines)
      273 words
    • 632 26 C.Y. LINE (A M«mb<r Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTMKMSED SERVICE 10 EUMK («U SUEZ) Sp*« HONGKONG CONIAMR 46* M PI OMENTRI CHKF 45N 11/9 KOREAN MCE Ml JON lt/1 MPTUM CRYSTAI 31W 26/9 IcHjrve Idim (itowt H'bwf Bt«n Mwtrp 23/9 24/9 K/J 21/9 29/9
      632 words
    • 645 26 Everett Lines rJ." J!' !i'i lIM'I VAPOREES (CJ».V.) PERUVIAN STATE LINE" Looting lor Callao Mataram uo and all other Pet ..nan ports with Uanslxpment jt Kobt On CPV Through Bills ot Lading to tinat destination HUGHE VERETT MANOLOEVERETT WHNEWRETT Penjnf* P. Kctanf 3/5 Sep 11/20 S«p Singapore «/7 Sep 11/12
      645 words
    • 371 26 ZIM NO*COftKNCt MDOOOOr FUI CONTAMER SERVICE FCL/ICI car|«e» to USA East I West Uast. Cantoeaniast CjumU and WOT m 13 It IS 17 10 15 211 MS 27 IMS 23 10 15 27 10.15 SIIJS ***** ZIM EILAT CONTAINER LINE S'pvt EM Tnrstf hp* Mc> ftram m simy »/i i/i
      371 words