The Business Times, 11 September 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, SEPTEMBER 11, 1985 60 CENTS
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  • 252 1 AP INDONESIA'S first investment mission to Japan has concluded a one-day meeting with Japanese businessmen yesterday with the signing of 10 joint venture agreements with Japanese companies. Heading the Indonesian delegation at the signing ceremony were Dr J B Sumarlin, the Minister
    AP  -  252 words
  • 52 1 Reuter NORTH SEA oil prices rallied sharply on the European spot market yesterday, wiping out Monday's losses. Traders said the market was torn between weak long-term sentiment based on the conviction that Opec output was rising, and a tightly balanced short-term market for refiner
    Reuter  -  52 words
  • 567 1  -  STPB chairman's 5-7 pc growth forecast unlikely to be met By JAIME LYE A SHARP DROP in the number of visitors from Asean countries has made it almost certain that the increase in the number of tourists will fall short of the 5 to 7 per cent
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  • 451 1 AIRLINE CREWS stopping over in Singapore are being given first-class treatment by hotels anxious to gain new airline accounts. This is recognised as good bread and butter business, but hotels will be able to count on only three new accounts from new services using Singapore.
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  • 286 1 Bernama MALAYSIA plans to review the protection given to domestic industries because it has not been effectively taken advantage of. Opening the biggest-ever "Buy Malaysian" exposition in Kuala Lumpur yesterday, Trade and Industry Minister Tengku Razaleigh Hamzah said Malaysian industries should get rid
    Bernama  -  286 words
  • Article, Illustration
    81 1 YET AGAIN the stock market actlsn la Singapore yesterday was la the Malaysian seeead Users whick centinaed to cellect gNd galas la msderate to heavy vslame while Index stocks remained qslet. At the clsse, the Straits Times Industrial Index rase M point to 751.12 while the mare braadly-based
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  • 297 1  -  By LISA LEE OVERSEAS UNION BANK has sold an office development in Melbourne for As 22 million to the ANZ Banking Group and realised a As 2 million profit. The ANZ Banking Group bought the land and office development package on condition
    297 words
  • 110 1 AP REFUSALS by foreign buyers to take delivery have saddled South Korean shipyards with 22 completed ships worth US$567 million. According to the Dong-a Dbo Daily, the buyers cited depressed shipping business for refusing to take delivery. Most of the ships, with a combined
    AP  -  110 words
  • 478 1  -  By LOH HUI YIN CHINA'S national oil trading company, Sinochem, is setting up a representative office in Singapore, making it the first Chinese corporation to do so in recent years. Although permission was given for it to function as a liaison office, BT
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  • 129 1 Bernama THE JOHOR Tenggara Development Authority (Kejora) is to develop the Desaru beach resort in Tanjung Penawar to the tune of Mssoo million under the privatisation concept. kejora deputy chairman Bahari Haron said yesterday that the private sector was interested in investing some $500
    Bernama  -  129 words
  • Page 1 Advertisements
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    • 314 1 KNOL \\NEPTUNE ORIENT LINES LIMITED SINGAPORE'S notional shipping company, Neptune Orient Lines, has teamed up with Thai investors to form a shipbreaking company. Turn to Page I of Shipping Times for details on the $40 million joint investment and on the prospects of the shipbreaking industry worldwide and for NOL.
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    • 92 1 SIN SINGAPORE Full report, Rao* 13 Asian stocks, Psgs 11 Intl stocks, Rags 10 rr* t-: .V '■■V RICOH FXI2O From the World's leading company and pioneers in High-speed Facsimile When you see how small the FX 120 is, you'll surely be impressed, but what is more impressive is what
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  • HOME NEWS
    • 375 2  -  By CHUANG PECK MING ROTHMANS INDUSTRIES is to spend another $8.5 million to make more cigarettes in spite of declining profits. A company spokesman said Singapore's biggest cigarette manufacturer had committed $3 million to its "modernisation programme" for this year and earmarked $5.5 million for
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    • 183 2 COMPUTER SYSTEMS Advisers (CSA), a subsidiary of the Oversea-Chinese Banking Corporation, has been appointed sole agent in South-east Asia by an American computer maker. An agreement was signed yesterday between CSA and the American company, Sun Microsystems. Sixty per cent-owned
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    • 352 2 IBM SINGAPORE has unveiled the IBM JX, a compact, lowcost desktop business-cum-home computer. The new system is expected to sharpen the company's competitive edge considerably in the personal computer market. IBM Singapore also launched four new economically priced printers yesterday to complement its existing
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    • 271 2 A PROMOTION BLITZ to sell Singapore as a tourist destination was launched in Canada on Monday. "The direct air links between Singapore and Canada, coupled with the large Canadian population base, make it timely for Singapore to direct its marketing activities at Canada," said the
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    • 201 2 THE PRACTICALITY of doing business will be brought to the doorsteps of postgraduate students in business administration by business leaders in a series of lectures starting today. Conducted by the School of Postgraduate Management Studies at the National University of Singapore, the "Business leaders
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    • 102 2 MALAYSIA'S Science, Technology and Environment Minister, Datuk Amar Steven Yong, is paying a three-day visit to Singapore from Sep 12 at the invitation of Environment Minister Dr Ahmad Mattar. This is part of a regular exchange of visits between the two ministers to promote cooperation
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    • 411 2 DAILY traffic congestion along Jurong Town Hall Road which turns into the Pan Island Expressway will be eased in 1967 following the completion of an interchange. The Public Works Department recently awarded a contract for the design and construction of an interchange at the
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    • 326 2  -  By LISA LEE WHILE THE property markets in Hongkong and Australia have recovered, oversupply in the Singapore market is a cause for concern, says property consultants Knight Frank Rutley. No details of the present state of the market were given but the positive aspects of
      326 words
    • 289 2 KENG BAN HENG has been appointed the manager of Hongkong Bank's Collyer Quay branch. The bank has also appointed Heary Lee Kay Beng as the managing director of Wayfoong Mortgage and Finance (S) Ltd. Mr Keng joined the Hongkong Bank group more than 20 years ago. He
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    • 459 3  -  By LIM SOON NEO AIR TRAFFIC in the Asian-Pa-cific region would return to the rapid growth path of the late *****, said Communications and Information Minister, Dr Yeo Ning Hong. "With the anticipated turnaround in the world economy, our region can
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    • 207 3 JHE SINGAPORE Tourist Promotion Board (STPB) jind the Civil Aviation Authority of Singapore tCAAS) have jointly comJnissioned a local company to study the effects of a proposal to waive airport Jax for some transit passengers. The tourism task force Report released late
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    • 234 3 BUSINESS opportunities in thina, ranging from oil exploration to car rentals, -.will be offered by a delegation from the China Merchants Steam Navigation to Ltd (CMSM) when it arrives at the end of this 'month. "L. The eight-member «am, led by CMSM vice--chairman Mr Yuan
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    • 113 3 AN INDIAN trade delegation will be in Singapore from Sep 16-18. The team of about 15 members will be headed by the State Commerce Minister P A Sangam and is scheduled to include representatives from the public and private sectors. Mr Sangam and members
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    • Article, Illustration
      274 3 A NEW INSTRUMENT for measuring the strength of concrete has been invented at the Queen's University in Belfast. The instrument, called Limpet, was developed on the principle of a screw jack. It involves bonding a circular steel probe to the surface of the concrete under test by means
      274 words
    • 375 3  -  Fewer job advertisements By FOO CHOY PENG THE NUMBER OF workers seeking the Labour Ministry's help to find jobs shot past the 1,700 level in July. The last time this level was exceeded was December 1979. A total of 1,760 workers registered with the ministry's Employment
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    • 70 3 CABINETS FOR electronic equipment will be on show at the Australian High Commission on Sep 18-19. Made by an Australian company, MFB Co, the cabinets are used to house computer and telecommunications equipment. The cabinets are finished in different colours and can be tailored to individual
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    • 328 3 THE HEALING properties of Korean ginseng are well advertised. The Chinese variety, too, has its followers. Now stand by for American ginseng. It is grown in Wisconsin, which is better known as the cow country. But ginseng production is already worth US22 million a
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  • Page 2 Advertisements
    • 18 2 A cu? a *\oO Keck Seng Group 338 2828 (Mrs Yeo) Richard Ellis *****81 (Ms Ang Hong Be)
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    • 173 2 WORLDW/DECOURIER Changing the way the world does business. %uUcrtu6 Businessman's Lunch at the Hubertus Grill. ■ftJSi ;**A? if S:.*< K i m ;.i--i-M w& m > sri W -v 9 MACHiNt PR»NTK»^ Me M bloc* in t,is PtEA o*v Si It must be the most incredible spread at lunchtime anywhere:
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  • Page 3 Advertisements
    • 89 3 It's the next best thing toyour own private plane. When you're on a hectic business schedule, the last thing you need is a hectic flight. But you do need convenient flights and plenty of them. So, while we can't quite promise the flexibility of having your own aircraft, we can
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  • OVERSEAS
    • 564 4 Reuter, AFP IF US ECONOMIC sanctions against South Africa prompted retaliatory action, American industry would quickly discover how dependent it is on South African minerals to keep its production lines open. Analysts pointed out that South Africa is America's biggest supplier of
      Reuter,; AFP  -  564 words
    • 219 4 Reuter AMERICA'S State Department called on the Soviet Union on Monday to put any new arms control proposals it has on the table at the Geneva nuclear arms negotiations resuming next week. Spokesman Bernard Kalb made the call in response to a report
      Reuter  -  219 words
    • 243 4 FT THE INTERNATIONAL trade negotiations sought by the US and other industralised countries inched closer to realisation on Monday when 90 countries belonging to the General Agreement on Tariffs and Trade (Gatt) were called to an extraordinary session in Geneva on Sep 30.
      FT  -  243 words
    • 68 4 AP POLICE DOG TAV, a springer spaniel sniffer dog, with his handler, Sergeant Ken Bibbings, checking out the seating and table arrangements in the Social Democratic Party (SDP) conference hall at the Palace Hotel in Torquay, England, on Monday, where the party was holding its annual
      AP  -  68 words
    • 287 4 UPI EUROPEAN COMMUNITY foreign ministers on Monday set a three-month deadline for agreement on new formulae aimed at improving economic and political cooperation, officials said. The ministers aimed to complete their proposals for strengthening European integration by the next summit meeting of Community heads of government in
      UPI  -  287 words
    • 187 4 UPI A NATIONAL Chamber of Commerce leader in Mexico City has urged private retailers to boycott the distribution of merchandise made by government-owned manufacturers. "It is necessary that private commerce give preferential support to industry that also uses preferentially private trade channels,"
      UPI  -  187 words
    • 160 4 AP THE AUSTRIAN Health Ministry said it had impounded beer in which it had found a poisonous chemical that could cause serious liver and kidney problems. The chemical, bromacetic acid, is a disinfectant used to clean beer and grape juice tanks. It is
      AP  -  160 words
    • 219 4 Reuter SHOULD BABIES be given the vote? The issue is no joke in Sweden. It has been raised by the Swedish Paediatric Association, which proposes that all the country's 1.9 million children be enfranchised though it says parents should exercise the vote for
      Reuter  -  219 words
    • 794 4 ARRIVALS Operator Service number Local time From PAA PA21 0020 LAX/TYO/HKG GIA SIA GIA CAL MAS KAL MAS MAS GAI109 SQ4I GA72I0 CIOIO MH681 KE624 MH603 MH811 0215 0605 0650 0815 0820 0840 0905 0940 (JPG MAA HLP JED/DHA KUL KUL KUL PEN MAS GIA SIA RBA
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    • 240 5 AP SOUTH KOREA reacted sharply yesterday to a US decision to consider trade sanctions against allegedly unfair practices in Seoul currently barring US participation in its insurance sertrices. Korean finance ministry officials termed the decision "a protectionist move undermining the principles
      AP  -  240 words
    • 91 5 Reuter ETHOPIAN JEWS praying outside the Israeli Chief Rabbinate in Jereualem jwi the eixth day o! their protest against rabbis' demand that they undergo I ritual conversion to Judaism before marrying. Prime Ministsr Shimon Peres j met leaders of the 15,000-strong community in Israel and heard
      Reuter  -  91 words
    • 394 5 Many private sector advocates ignore the public role AP GOVERNMENTS in developing countries must finance railroads, electric power and other basic services to allow industry to concentrate on higher-level areas, according to two American experts. "Many of the advocates of private sector expansion
      AP  -  394 words
    • 309 5 AP IT COSTS US$B to save one baby's life in India by making sure the mother eats enough before the baby is born. But it costs $6,357 to save one baby's life by polio shots in Kenya. According to the World Bank in
      AP  -  309 words
    • 154 5 AP ABOUT 600,000 Indonesian have lost their jobs since ISB3 because of the global economic recession, according to a leading Indonesian businessman. Arnold Baramnfl, an executive of the Indonesian Chamber of Commerce, said on Monday that the economic slump over the past four
      AP  -  154 words
    • 218 5 UPI HUNDREDS OF THOUSANDS of would-be peasant entrepreneurs are studying the law of supply and demand, modern management methods and other Western business practices. China's official Xinhua News Agency said yesterday: "Law of value, marketing and commodity theories have attracted a growing number of peasants in
      UPI  -  218 words
  • Page 4 Advertisements
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    • 0 4 (@]:`'/,|"{{!/!_~|-'=@%>@>=+@@&
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  • Page 4 Miscellaneous
    • 83 4 Doonesbury HM ALSO PLEASED TO ANNOUNCE THAT SENATOR. maxMmwp has just J A6REEPW JON THE OTHER 1 CDNSEmm SUPERSTARS OHVSAFORSOUm AFRICA" 111 REVERENP FALM/ELL, WW ML BE THE BASIC MESSAGE; OF YOUR SONG 7 PATIENCE. C FAITH. TRUST.. nil b E BY GARRY TRUDEAU ALSO, A RESPECT FOR THE FREEDOM
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  • Page 5 Advertisements
    • 169 5 f i I 4 4 4 4 airline. When you've 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 as possible
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  • TRAINING & DEVELOPMENT
    • 645 6  -  Several sectors of the economy have been hit by the economic downturn and falling demand. However, not all businesses are similarly affected. Training is one. ANNA TEO speaks to some private sector training institutes. ANNA TEO PRIVATE SECTOR training institutes are doing relatively well
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    • 296 6 INDUSTRIAL AUTOMATION does not have to be expensive and efficient production does not necessarily need huge investments in automation machinery. A line-up of top industrialists, engineering consultants and academics will show local manufacturers how to get the most from wise investments in automation. AIMBS, a
      296 words
    • 236 6 A RECORD amount of floor space has been secured at the World Trade Centre for next year's 6th Offshore Southeast Asia (OSEA) Conference and Exhibition. The organisers have booked three halls at the centre the refurbished Hall 3, and the new
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    • 402 6 Seminars and courses DURATION Sep 19 (commencement date) Sep 19-20 Sep 20 Sep 20 Sep 20-21 Sep 23 Sep 23-24 Sep 23-24 Sep 24-25 Sep 26-27 Sep 26-27 Sep 27 Sep 27 Sep 27 Sep 28 Sep 30Oct 4 Oct 1 Oct 1Nov 26 TITLE Certificate m Computer Programming
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  • Page 6 Advertisements
    • 292 6 Pan Am Daily TbLosAneeles AndHono Angeles bnotulu. Leave Arrive Singapore 710 am Daily Los Angeles HOOnoon t|t (Same Day) I Singapore 710 am Daily Honolulu 900 am (Same Day) With daily flights, Pan Am makes flying to Los Angeles and Honolulu convenient and comfortable for business travellers. And if your
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    • 402 6 Fferforma sth Anniversary Film Festival A Four-day Programme showing the most successful Training Films from Video Arts, Rank Aldis, McGraw-Hill and Cally Curtis. DAY ONE: PUBLIC SPEAKING AND COMMUNICATIONS 9.30 am Pass It On 9.45 am Making Your Case 10 20am Communicating Non-Defensively 10 50am COFFEE BREAK 11.10 am Presentation
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  • MONEY AND EXCHANGES
    • 700 7 SINGAPORE The US dollar closed slightly lower yesterday against major currencies but a shade firmer against the Swiss franc, after fluctuating on profit-taking and European buying, in moderate late trading. The dollar closed a shade lower at 2.9445/60 marks compared with New York's 2.9455/70 close. It closed slightly
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    • Article, Illustration
      336 7 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Most operators were sidelined due to the absence of fresh news and were awaiting US economic data due later this week. Short-dates were little changed near opening levels at a common BVfc 8 per
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    • 93 7 THE OVERNIGHT rate on the Singapore interbank money market rose by V« point from Monday to close at 6'/i per cent yesterday. The one-month term rate rose 3/16 point, while two and three-month rates rose by 1/16 point each. S$ Interbank rates at 3pm yesterday: Offar M Over
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    • 218 7 Interbank rates at 3pm yesterday: Locol dollar* to Bid Offer a imi partly on* unit of foreign currency: US dollar 2 2925 ***** 2 8196 -18 69 Sterling pound 2 9859 ***** 7.3469 -59 36 Australian dolor 1 5417 1 5446 3 4286 -55 03 N2 dollar 1.1978
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    • 332 7 BA Futures DECEMBER Euvd«Uar on the Simex opened two ticks higher yesterday than CME's close at 91.25 and moved slightly higher to 91.27 on short covering activities. December D-mark closed 20 ticks lower at 3431 as dollar firmed again towards the closing stages but still could not break the
      BA Futures  -  332 words
    • 212 7 HONGKONG: Prices closed steady in moderate trading yesterday. The metal ended at U*****.65/320.05 an ounce compared with New York's $319.50/320.00 finish and the previous $320.30/70 close here on Monday. On the local market, gold lost HK$4 to close at $2,984 a tael. Krugerrand fell HK$2O to $2,530, equivalent to
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  • BANKING AND FINANCE
    • 146 7 Reuter POLAND'S arrears on debt Interest payments to the West rose to US$4.l billion last year, creating a "very difficult" balance of payments situation, the National Bank of Poland said in an annual report released on Monday. Accrued interest on Western debts in 1963 was
      Reuter  -  146 words
    • 284 7 Reuter THE Japanese Vice-Finance Minister (or International Affairs, Tomomitsu Oba, has told Prime Minister Yasuhiro Nakasone that the ministry will seek self-restraint on foreign bond sales by Japanese securities houses and purchases of those bonds by institutional investors to curb capital outflows. A
      Reuter  -  284 words
    • 94 7 Reuter BOLIVIA WANTS foreign banks to allow it 15 years' grace on US$B92 million in debt principal it owes them and 10 years' grace on interest payments. In a speech in La Pa 2 on Monday, Planning Minister Guillermo Bedregal said: "Bolivia will pay
      Reuter  -  94 words
    • 603 7 NYT THE SWISS BANKING community has decided to set up its own financial and stock index futures markets as well as strengthen its presence in Chicago, London, Philadelphia, New York and other financial as well as index futures and options markets. "We, Swiss bankers,
      NYT  -  603 words
    • 211 7 CHARTERED accountant Ng Eng Leong, 34, has been appointed the managing director of Standard Chartered Merchant Bank Asia (SCMBA). He replaces Mr Kenneth MacLennan who has left Singapore upon completion of his secondment to SCMBA. A British-trained accountant, Mr Ng first joined Permata Chartered
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    • 123 7 OVERSEAS UNION BANK has slashed its interest rate for housing loans by V 4 percentage point. The revised housing rates are 8 per cent for loans up to 10 years, 8.25 per cent for loans between 11 and 20 years, and 8.5 per
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  • Page 7 Advertisements
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  • FEATURES
    • 514 8 ONE OF THE PROMISES made by now Deputy Prime Minister Goh Chok Tong in his "vision of the *****" during the run-up to the last general election was that Singapore, apart from all other achievements, would be a "fun" place in which to live. There must
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    • 1113 8  -  By MARGARET THOMAS IT'S TIME to put the sin back in Singapore. Time to admit to the robust lust for life's little vices that we Singaporeans have but which we try to keep under the covers. It's time because there is little left up the
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    • 936 8  -  Last year, seven out of 10 tourists, when asked it they would come back to Singapore for another holiday, said yes an encouraging figure, RICHARD SEAH says, except that it was nearly nine out of 10 in 1980. RICHARD SEAH POSTERS OF BRIGHTLY smiling girls, palm trees and
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  • Page 8 Advertisements
    • 101 8 I a 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 (continental) The Kampachi (Japanese), The Golden Phoenix (Chinese), Coffee Shop (24-hour coffee house) Bar lounge Swimming pool Businessman's Centre Shopping Arcade
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  • Page 8 Miscellaneous

  • SPORTS
    • 402 9 AP IT STARTED at the Lipton International Players championships in February and culminated in America's premier tennis event, the US Open, when Ivan Lendl and Hana Mandlikova, both of Czechoslovakia, captured the coveted and lucrative singles titles. This is the year of
      AP  -  402 words
    • 581 9 UPI SOUTH KOREAN Sports Minister Lee Young-Ho has warned that he would take a hard line with three US television networks in Switzerland in negotiations for the exclusive US rights of the 1988 Seoul Olympics. They were expected to meet yesterday and today.
      UPI  -  581 words
    • 227 9 Reuter CZECHOSLOVAKIA has acclaimed the tennis triumphs of Ivan Lendl and Hana Mandlikova, who won the singles titles at the US Open championships in New York at the weekend. Cyril Suk, the chairman of the Czechoslovak Tennis Association, said the titles of Lendl
      Reuter  -  227 words
    • 207 9 AP AUSTRIA'S Niki Lauda, the reigning World Formula One champion, has joined the international ranks of apartheid opponents and called for the cancellation of the South African Grand Prix race, scheduled to take place on Oct 19. "I find it absolutely wrong for
      AP  -  207 words
    • 486 9  -  By WALTON MORAIS IN SPITE OF the seedings, the Asian Cup table-tennis championships being held from today until Saturday at the Toa Payoh indoor stadium is likely to be totally dominated by the Chinese. Three Chinese men have been seeded to reach the
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    • 243 9 AP FANS in Cincinnati Reds base-» ball player Pete Rose's home-* town lined up to buy tickets on* Monday to Riverfront Stadium, hoping to be in the stands when; he breaks Ty Cobb's mark of J 4,191 lifetime hits. "It's a record," said Bruce*
      AP  -  243 words
  • Page 9 Miscellaneous
    • 1199 9 to ana mm CIVILISATION (Repeat) The Smile Of Reaeon 8.00 pm, Channel 12 The sensible, sophisticated men and women who met in the salons of 18th century Paris wanted to change society but got more than they bargained for instead. The pohte discussions that took place in such elegant surroundings
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    • 648 9 CRYPTIC PUZZLE ACROSS 1 Mony a measure is simply imaginary (5) 6 Parts with for less pounds, possibly? (5) 9 Describes not a single mon (7) 10 Pour some spirits out? (5) 1 1 Is there a desire to drop it? (5) 12 Mature letters to an officer (5) 13
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  • INTERNATIONAL STOCKS
    • 186 10 Reuter THE PLAN BY Richard-son-Vicks to buy back its stock may be the only defence it needs against an unsolicited US$l.3 billion takeover offer from Unilever NV, analysts said. Richardson-Vicks, which is more than 30 per cent-owned by Richardson family interests, said it would immediately buy in
      Reuter  -  186 words
    • 358 10 Reuter SHARE PRICES closed mixed on Wall Street on Monday, boosted primarily by a wave of takeover rumours that pushed several stocks to shaky gains. The Dow Jones Industrial Average rose by 3.58 to 1339.27. Analysts said most of the gain was because of
      Reuter  -  358 words
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    • 222 10 SCP 09 kd Uwc WoaKvOflh 545 1475 15 25 industrials MININGS A Afcho 7908 160 7 unch An^oi 3090 55 AE And Q 730 Anglvoal 25 150 Amaprop 460 2650 10 mch -40 2252™ 7250 I0» Chart t C G Smrth CNA 2300 m unch Cam Murch 1100 unch
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    • 702 10 Amsterdam scr o» Fb A8N 506 00 -1 5 Aagon AhoU Akxo AA*V Amt« Amro Bank Baikal 9® 00 -08 126 30 4 7 297 50 -2.5 ::::z H x 4 3 43.00 unch ***** 9 5 Botkato Bi* Tat Catand Calva Z.ZZ. ***** +0 3 ".'Z.Z 465.00
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    • 108 10 Reuter COCA-COLA expects net income and earnings per share for the full year to be. up 8 to 10 per cent, but pre-tax operating income is likely to improve slightly or flat, due mostly to increased investment. Coca-Cola said it plans to repurchase up to Ave
      Reuter  -  108 words
  • Page 10 Advertisements
    • 282 10 'o;. NONYA RESTAURANT Proudly presents our resident Malar-ran Chefs SUmptUOUS PERANAKAN BUFFET (Men efengM tmek day) Daily 12.Mpm 2J#pm $l&M/»dult+ $B.M/child+ A La C*rte am tvaUAhie tar lunch 4 rtfimcr 2nd Storey, Peranakan Place, 180 Orchard Road, Singapore 0923. Tek 732-4 MC /ftt/fh// 11M*****1111 M *****iiM M 11 Miiillllii *****1
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    • 114 10 fc ft J psS*«3* rf?§si#Gfc'^ «p»»: t |py«w».»J L'» IRPH •fC». *3/ agHtlßr 'ii f WW jT i I -Ml V «V ■N »t 1 v*^, rxz? Monday, Tuesday, Wednesday... hmm, just like Mum's cooking Welcome to our daily special dish! It's local. It's mouth-watering. It's super value for your
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    • 94 10 NONYA. BUFFET V r>H Every Wednesday Friday at Terrace Garden Price :$12.00' Time :12 noon-2 30 pm Fashion Show: 1.15 l *'f-:-:ich\( in 181, Kitchener Road. Singapore 0820 T«4: *****22. C A sumptous buffet lunch awaits you with savoury specialities to please the palette Our menu includes popular dishes such
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    • 94 10 0*143 f unkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50++ A* FURAMA SINGAPORE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel: 533 3888 King s den Sheer Relaxation!
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    • 162 10 London stocks on Pago 15 ft* authenticTteochew delicacies, come to Peng Cheng Lou A Special ranily Menu# $120" ftcav (for 6 person#) Crown rrinct s three dish combination Troche* so>ed goov meat Dried scallop with green vegetables Braised duck with lemon in soup Steamed pomfret Dessert »80- Menu (lor 4
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  • ASIAN STOCKS
    • 347 11 HONGKONG: Share prices closed slightly easier yesterday in thin and dull trading as investors remained on the sidelines. Brokers said there has been little buying during the past few days, and noted the absence of good news now that most companies have reported interim results. The Hang Seng Index
      347 words
    • 230 11 scr 10 11 80 04 MT Nan Ya Plot 23 10 unch Al Sincere India 3 66 0 14 Pacific Com 14 25 0 15 Asia Cement 1880 0 2 Pacific Elect 1280 0 1 Wit Chang Hwo Bank 4370 -05 Pqolung Paper 1 10 -0 02 15 10
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    • 367 11 TOKYO: Prices rose in light trading led by high-priced internationally popular electronics. The market average rose steadily, ending at *****.54, up 63.82, above the ***** level for the first time since last Wednesday. Turnover amounted to 240 million shares against a thin 170 million on Monday. Dealers said a
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    • 93 11 MANILA: Share prices closed mixed in quiet trading. The Commercial and Industrial Index rose by 4.49 to 158.15, the Mining Index eased 0.19 to 664.97 while the Oils Index was steady at 0.803. far 0015 SW 10 PNte* 8 0 13 0 0C An0o PW 0001 PLOT 35 -1
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    • 384 11 SYDNEY: Australian shares closed slightly firmer with general bullish sentiment offsetting profittaking after strong gains on Monday. Turnover totalled 44.2 million shares valued at A 562.7 million. Near the close, the All Ordinaries Index was up 1.2 to 956.0 while the All Industrials Index gained 3.9 to 1401.4. The
      384 words
    • 79 11 sir 10 Bank S«oul Wan 680 Hyundai Const 1 > i gi rtr»i iln«n# »»y\jrKjO« "WTOr KAL 896 876 428 •3 +6 635 unch Korea Fr*t 700 9 -4 1347 472 Koraa SNp 415 -5 472 .3 Lucky Ltd 633 Dotwoo M 630 545 •1 -13 Sarmung Co 695
      79 words
    • 136 11 BANGKOK: Stock prices closed mixed in inactive trading. The Book Club Index shed 0.03 point to 134.79 as advances led declines by a margin of more than a two to one. Turnover was 187,262 shares worth 35.5 million baht. UP 10 Mrti Starr Ctuan 74 3 Sam City Camant
      136 words
    • 54 11 AFP FUJITSU, Japan's top computer manufacturer, will supply parts to Daewoo Telecom Co for the production of 16-kilobit personal computers in the Korean language. Under a five-year agreement signed recently, the South Korean company is to produce 1,200 business computers a year with parts supplied by
      AFP  -  54 words
    • 328 11 Reuter SHARE ANALYSTS are divided over the direction of New Zealand's share market since its recovery late last week after falling 100 points on the Barclays Industrial Index. Some brokers said the market appeared to be heading for a fairly sustained downturn. But others
      Reuter  -  328 words
    • 171 11 Reuter BOND CORP Holdings may sell some assets of newlyacquired Castlemaine Tooheys. Bond Corp chairman, Mr Alan Bond, also said that the company will report significantly higher earnings for the fiscal year ended June 30, in line with previous forecasts. "Castlemaine has
      Reuter  -  171 words
    • 62 11 AFP NISSAN Diesel Motor plans to tie up with International Harvesters to market about 3,000 eighttonne capacity trucks annually in the US under a contract to be signed soon. A Tokyo daily, the Nlhon Keizai Shim bun, said Nissan Diesel chairman Takashige Matsuyama and president
      AFP  -  62 words
  • Page 11 Advertisements
    • 494 11 <Sil M N M herts id wine, aad aitiaeiuia >) v ;C" Harbour Grill 0 *L V lyfa. s Nightly to an ambience of quiet elegance, our chefs tempt and surprise with the ultimate gourmet adventure. Cuisine en Evolution. The Harbour Grill. The experience is Distinctively Hilton in Style. S.
      494 words
    • 197 11 KIRIN COURT Shark's Fin Businessmen Lunch )IZU (for four persons) 1. Braised Supreme Shark's Fin 2. Stewed Vegetable with Crab Meat 3. Saute Chicken with Black Bean Sauce 4. Saute Garoupa with Celery 5. Braised E-Fu Noodle 6. Sweetened Water-Chestnut Cream nl' 65 4 V KIRIN COURT SEAFOOD SHARK'S FIN
      197 words

  • RAW MATERIALS
    • 502 12 AFP IF THERE HAVE been any f doubts about China's new musC ole in the farm export market, retake a look at what has been happening in Japan and South Korea, two big customers of the American farmer. Last year, China sold 211,000 ttonnes
      AFP  -  502 words
    • 221 12 Reuter INDONESIA is close to concluf ding a deal to supply 2.1 million tonnes of liquefied petroleum :c>gas a year to Japan. Antara quoted Abdul Rachel man Ramly, the president direc-T-tor of Pertamina, as saying that negotiations were nearing the fiv<°nal stages and that
      Reuter  -  221 words
    • 253 12 Reuter PROFITS from small and medium sized oil fields in China will get tax breaks under the recently concluded second round of Chinese offshore oil bids. A senior Chinese official, Tang Zhenhua, the vice-presi-dent of the China National Offshore Oil Corp, said
      Reuter  -  253 words
    • 223 12 SINGAPORE The market closed slightly easier yesterday with October One RSS buyers quoted at 165.50 cents a kg, down 0.75 cents from Monday. The morning session gained 0.25 cent after fluctuating within a narrow range in quiet trading. Prices weakened in afternoon trading due to some liquidation of nearby
      223 words
    • 302 12 RAS prices S cantt/kg, FOt in b oiat NOON CLOSE tn>WI S«ll«n lnym Satan Int 1 RSS Prompt 166 00 167.00N 165.50 166 50N Int 1 RSS Oct 65 166 25 166 75 165.50 166.00 Irrt 1 RSS Nov 85 164.00 164.50 163.50 164 00 Irrt 2
      302 words
    • 87 12 (cants/kg. 1-tM po n) OCT 85 NOV 85 (currant month) (forward month) NOON NOON RAS Puyrj Bwfan ScMort SSR 20 136 00 I38.00N 137 00 139.00N SSR 50 134 00 136 00N 135 00 137.00N MRELB SflHcn SMR CV 177.50 179.50N 178.50 180 50N SMR L 177.50
      87 words
    • 153 12 MALAYSIAN crude palm oil prices closed slightly higher yesterday as Pakistan's tender for Malaysian RBD palm oil sparked late covering interest. This reversed the earlier sentiment, which had been dampened by continuing weakness in Chicago soyoil futures. September deliveries in the north and central rose M 57.50 to
      153 words
    • 125 12 SOYBEAN futures on the Chicago Board of Trade closed eight to five US cents a bushel lower on Monday, with November and January establishing new season's lows. November ended near the bottom of s'/j-cent range. A professional house turned seller of November late after buying earlier, which prompted stop-loss
      125 words
    • 130 12 WHEAT futures on the Chicago Board of Trade closed 7>/« to 5 US cents a bushel lower on Monday. December ended near the bottom of a 7V«-cent range. Extended declines in corn and soybean prices weighed on most months of wheat, with the strong US dollar adding to the
      130 words
    • 106 12 THE KLTM price eleeed mtter eight eeata lewer yesterday tt Ms2S.f7 kg malaly tee to rtorttog's weakaees agalaat the riagglt. It mi still mevlag wltkla the lewer raage ef $21.11 aai 9SLM. Sterling's (all which ceased the KLTM dleeeaat to aarrew agalast the LME Ugh grate to £1W
      106 words
    • 177 12 Yarn (In HK$ per bat* of 400 ft) China corded yarn, cones Bkie Pbo«mx 16 s 2,450 Hue Phoerwx 20'* 2,500 Blue Phoenix 32 2,900 Blue Phoewx 4&% 3,330 Girded yarn, hank Blue Phoenix 21'» 2,750 Combed yarn, cones Bkje Phoenix 32 4,100 Bkie Phoenix 40"* 4,300 Open-end yarn
      177 words
    • 789 12 COFFEE Robusta futures at midday yesterday were £9 to £20 a tonne below Monday's cloae in thin trading, depressed to around morning lows by a marginal firming of sterling. Prices opened slightly lower in line with the New York close, with dealers noting light long liquidation on disappointment
      789 words
    • 67 12 Robutto 20/25% 440.00 FOB NSW Nutmeg 419.00 110 FOB NSW EAW FOB NSW ***** Gombier FOB NSW 330.00 London Commodity Exchango Sifcn doMf pni MS M Sflp (US$/I«M9 ISM4 parti, mm oHwn CIF hrwioi MM rtaM4) Pepper (Sarawak) Foa MX»» 4400 Whit* foq, afloat 4400 Whit* faq S*p/Oct
      67 words
    • 271 12 Singapore (S$/kiio, e» go4om Frogront new crop 1st 078 2nd 0.56 3rd 0.54 New Crop 25% no stock 10% no stock Thai Broken A-super 0.54 Special 0.52 Thai Rtc« 55% no stock China Rica 10% no stock 15% 072 25% no stock 35% no stock Thoi Boitad Rica 5%
      271 words
  • Page 12 Advertisements
    • 513 12 LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of Lum Chang Holdings Limited are pleased to announce the audited results for the year ended 30 June 1985 AUDITED RESULTS FOR THE YEAR ENDED 30 JUNE 1985 TURNOVER Investment and other income Profit before taxation and
      513 words
    • 174 12 NOTICE IFFKUL MTKE proposal! TO CHANGE QF SHIPS NAME We, THE MALAY STATES SHIPPING CO. PTE. LTD., of #26-01 CPF BUILDING, 78 ROBINSON ROAD, SINGAPORE 0100 hereby give notice that In consequence of the proposal change of name of the vessel "ST SENTARUM". i We have applied to the Registrar
      174 words

  • SHARE INFORMATION
    • 4311 13 SPECULATORS had another field day on the Singapore stock market yesterday as all the action was confined, as it has been for the past six weeks or so, to special situations among the second liners. Singapore counters, blue chips and heavyweights were barely traded and,as a
      4,311 words
    • 251 13 SINGAPORE Indices 1 M TmDm 234 HK Tm Carp 50* 230 Kaalaeky Spar* 324 Hm 396 *~coi 25, ISO DHH D»r 570 S t Tastia 332 Sm Via* 288 TOM 376 Taaa Maaa 290 MfFHtipiSOc 287 Sri Hartawai 228 Falls 135 26 25 24 21 20 16
      251 words
    • 3818 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 I6U of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT"
      3,818 words

  • COMPANY NEWS
    • 619 14 Two newly-acquired development companies contribute earnings INDIA-MALAYSIA Textiles Bhd, which made a comeback on the Kuala Lumpur and Singapore stock markets yesterday after a long absence, is banking on its property development activities to contribute to the group's future profitability. Only the company's original share
      619 words
    • 311 14 IN A MOVE to diversify into the tourism industry, Arab-Malay-sian Development Bhd (AMDB) is taking 70 per cent stakes in Harpers Travel (M) Sdn Bhd and Harpers Tours (M) Sdn Bhd for an undisclosed price. The two companies are whol-ly-owned
      311 words
    • 96 14 HONGKONG Monday 1397.5 Hong Seng Index Week ago 1372.3 Tuesday !!2£H Monday 550.83 NEW YORK Week ago 1586 22 Dow Jones TOKYO Monday 1339.27 Friday 1335.69 Tokyo Dow Jones Week ago Closed Tuesday *****.54 Monday *****.72 Standard Poors Week ago *****.96 Monday 188.25 Friday 188.24 TSE Index Week
      96 words
    • 219 14 Managers' prices for Sep 11 Singapore Unit Trust The Commerce 1.65 1.75 The Savings Fund 1.34 1.42 S'pore Prog Fund 0.74 0.78 S'pore Sec Fund 1.04*1.10 S'pore Invest Fund 0.77 0.82 S'pore Equity Fund 0.74 0 78 Asia Unit Trust Mol Invest Fund 2.03 2.17 Mol Prog Fund
      219 words
    • 207 14 MALAYSIA AICA Bhd (Maica) has entered into a joint venture with Borden Chemical (M) Sdn Bhd to manufacture low pressure melamine laminates and phenolic film overlay sheets. Maica said the project would draw on its technical resources with 16 years' experience in the
      207 words
    • 555 14 Reuter MARUBENI CORP will cooperate in Sanko Steamship Co Ltd's rehabilitation programme provided creditor banks make fresh loans to help the company's recovery, a trading house official said. The official, from one of the nine trading houses which financed the building of more
      Reuter  -  555 words
    • 506 14 BUYERS took the upper hand on the Kuala Lumpur stock market yesterday, sending share prices sharply higher across the board. Investors concentrated on speculative issues which rose sharply in active trading. Index component stocks, however, were thin-ly-traded. After a slightly steadier opening, share prices
      506 words
    • 3304 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. MDUSTRIALS A Choc (2.258 2 30S) (7) 2 10 (7)
      3,304 words
    • 279 14 Reuter MARKET RUMOURS that Al-lied-Lyons PLC has begun buying shares in Elders IXL Ltd as a defensive measure remain unconfirmed, share analysts in Sydney and Melbourne said. They said such a move was a distinct possibility, given the disparity of size between
      Reuter  -  279 words
    • 596 15  - Falling commodity prices hit Riverview and Hi Lo By NAJEEB JARHOM TWO PLANTATION companies have joined the growing number in the sector which are feeling the ill-effects of falling commodity prices, as evident from their dismal half-year reports. Highlands and Lowlands and Riverview Rubber Estates yesterday unveiled significantly lower profits
      596 words
    • 330 15 Reuter THE HANG SENG INDEX, which until recently was seen as being likely to surpass the record 1,810.20 set in August 1981, is now in a major retreat under pressure from higher interest rates and renewed concern over Hongkong's
      Reuter  -  330 words
    • 305 15 PLAGUED BY softer rentals and a totally depressed property market, Bonvests Holdings Ltd has turned in a set of lacklustre interim results. Group pre-tax profits for the first six months of the current year fell 16 per cent to $758,000 from $900,000 previously, while
      305 words
    • 635 15  -  Pre-tax profits of $22.5 m By AMY CHEOK LUM CHANG HOLDINGS has turned in a set of impressive maiden results for the latest financial year-end, surpassing its forecast and outperforming most of the other publicly-listed construction companies. Shareholders of the company will be rewarded
      635 words
    • LATEST RESULTS
      • 46 15 Group operating loss of M 5130,000 (profit of $509,000) on turnover of $27.89 million ($35.98 million) for the year ended June 30, 1985. The company is proposing a first and final dividend of 10 cents per share less tax payable on Nov 4.
        46 words
      • 39 15 Pre-tax profit of MJ13.94 million ((10.21 million) for the year ended April 30, 1985. Directors have recommended a final dividend of 12 cents per share less tax payable on Nov 29.
        39 words
    • 376 15  -  By RAMESH CHANDIRAMANI THE RATE OF SUCCESS in turning around the much beleaguered Leong Huat Industries Ltd is progressing at a painfully slow pace, judging from the company's latest interim results. Unaudited figures for the half year to June 30, 1965, show
      376 words
    • 250 15 HONGKONG-BASED Ka Wah Bank has appointed the former Malaysian High Commissioner to Hongkong, Datuk John Wong, to head the bank. Datuk Wong is believed to have accepted the offer of the post of vice-president with the Singapore- controlled bank. He will be
      250 words
    • 237 15 TASEK CEMENT BHD is making a one-for-three bonus issue, its first in three years. The new shares from the proposed bonus issue will rank equally with existing ordinary shares except that they will not be entitled to the just declared final dividend of 10
      237 words
    • 943 15 EQUITIES closed at the day's lows yesterday following UK M-3 money supply figures for August which were at the top end of expectations. Prices had been marked down at the outset in reaction to recent speculative advances and had rallied on cheap buying during the morning. The 2
      943 words
  • Page 14 Advertisements
    • 78 14 changers. eold& sil BT, S'pore's largest business daily, carries an in-depth and up-to-date coverage on the banking financial sectors, both local and overseas. This indispensable page keeps all bankers, investors traders informed on significant international events and contracts. The Money Exchanges column included in this section contains daily reports on
      78 words

  • Page 15 Advertisements
    • 94 15 Surplus Equipment at Fantastic Offer An international company has the following used equipment to dispose at very reasonable price. Item 1 LAPMASTERI2 Item 2 MEYER BURGER Multi blade watering machine. Model GSI Item 3 STRASBAUGH Ring precision polish master. Model 6BK Item 4 BARON BLAKESLEE Vapour degreaser. Model MLR-120 Item
      94 words
    • 169 15 APPOINTMENT M MOTOROLA MOTOROLA ts one of the world's leading manufacturers of electronic equipment, systems, and components produced for both United States and international markets Ranked among the United States 100 \";rgest industrial companies Motorola has about 100,000 employees in major facilities in over 18 countries We are looking for
      169 words

  • 461 16 AFP THAI PRIME MINISTER Prem Tinsulanonda is expected to face additional pressure to relax his government's austere economic policies after the abortive military coup on Monday. Economic analysts say the attempted coup should encourage him to heed requests from the private sector to ease
    AFP  -  461 words
  • 234 16 Bernama FORMER PRIME MINISTER General Kriangsak Chomanan, implicated in Monday's abortive coup, will face a separate investigation by the government in which his party is a partner, Prime Minister Prem Tinsulanonda said yesterday. General Kriangsak, the leader of the National Democratic Party in General
    Bernama  -  234 words
  • 593 16  -  By BRIAN GOMEZ IN SPITE OF a world glut in petrochemicals, Singapore is to increase its output of polypropylene next year by 22 per cent, from 100,000 to 122,000 tonnes annually. The Polyolefin Company (TPC) has decided to expand its production of polypropylene,
    593 words
  • 225 16 Reuter INDIAN PRIME MINISTER Rajiv Gandhi's Congress (I) Party, brushing aside extremist Sikh opposition, said that a Punjab peace deal signed in July would form the main plank of its election platform in the turbulent state. "The party seeks the mandate
    Reuter  -  225 words
  • 240 16 NST, Bernama MALAYSIAN lorry owners have described as exorbitant and uneconomical the toll for vehicles using the Penang Bridge. The president of the PanMalayan Lorry Owners Association, Puan Zainab Yang, said yesterday that the toll would not be feasible for commercial vehicles who might
    NST,; Bernama  -  240 words
  • 222 16 AP, AFP RIOTING ERUPTED in Britain's second largest city of Birmingham again yesterday after a night of arson left two people dead and 50 buildings burned out in the worst urban violence to hit the country in four years. Chief Constable Geoffrey Dear said
    AP,; AFP  -  222 words
  • 119 16 AFP MALAYSIAN police said a prominent lawyer and government critic, Param Cumaraswaray, would be charged in court today for sedition. City Criminal Investigations chief Tuffile Nawab Din said Mr Cumaraswamy, the vice-presi-dent of the Malaysian Bar Council, was picked up yesterday and later
    AFP  -  119 words
  • 65 16 Reuter COMEX GOLD futures rose more than US$2.OO an ounce yesterday morning as the market recaptured the ground lost during Monday's late decline of $1.50. Gold for delivery in December went ahead $2.20 at $327.40 an ounce on bargain hunting demand. Silver futures edged up 5.5
    Reuter  -  65 words
  • 67 16 Reuter THE US stock market headed lower in early trading yesterday as the advance of the previous two sessions stalled. The Dow Jones industrial average was off a fraction to 1339. Declines led advances by a four-three margin on a turnover of 8.94 million shares. Richardson-Vicks led
    Reuter  -  67 words
  • 117 16 Reuter IRANIAN naval forces on Monday night stopped three unidentified Gulfbound cargo vessels in the Strait of Hormuz to check if they carried goods for Iraq, the Kuwait News Agency said yesterday. This would bring to at least six the number of ships
    Reuter  -  117 words
  • LATE FILE
    • 55 16 Reuter THE SWEDISH offshore group Consafe, the world's largest supplier of service and accommodation platforms to the oil industry, filed for bankruptcy yesterday. It took the decision after its main creditor, the state-owned shipbuilder Svenska Varv, refused to change the terms on which it would participate
      Reuter  -  55 words
    • 35 16 AFP CHINA'S elder statesman, Deng Xiaoping, yesterday said China could double its 1960 level of industrial and agricultural production by 1987, ahead of an earlier plan for it to double by 1990.
      AFP  -  35 words
    • 37 16 Reuter EUROPEAN COMMUNITY ministers who met yesterday to discuss South Africa, have received a letter from the US government urging them to follow Washington's lead in imposing limited sanctions against Pretoria.
      Reuter  -  37 words
    • 38 16 Reuter PRIME MINISTER Kaare Willoch yesterday narrowly survived Norway's general elections after a Labour opposition campaign for more oil revenue to be spent on welfare cut his centre-right coalition's majority to one seat. Reuter
      Reuter  -  38 words
    • 55 16 UPI ISRAELI Foreign Minister Yitzhak Shamir wound up the highest level official contact between Israel and Japan yesterday without gaining pledges of increased trade or reaching agreement on Middle East peace. Mr Shamir, the first Israeli Foreign Minister to visit Japan, arrived in Tokyo last
      UPI  -  55 words
    • 35 16 UPI ABOUT 500 militant students set fire to a coffin near the heavily guarded presidential palace yesterday during a protest against President Marcos on the eve of his 68th birthday. UPI
      UPI  -  35 words
  • Page 16 Advertisements
    • 106 16 ■2;JI of You won't believe it until you read it! r Larry Allen He'll entertain with his wild jokes, naughty limericks, good natured teasing and his unlimited repertoire at the piano. Tndy great entertainment 6.30 11.00 pm. Diners Special Discount for dinner parties of 10 or more. Try our set
      106 words
    • 141 16 How Cttißanking Electronic L/Cs speed trade to deliver the goods to your bottom line. The rules have changed. If you're still handling Letters of Credit in traditional ways, you could be creating unnecessary headaches for yourself. And missing out on profit opportunities for your company. With Citißanking, you speed the
      141 words
  • Page 16 Miscellaneous
    • 55 16 \msiaiaa Outlook for today: Showers in several areas in the morning and afternoon. Report for 24 hours prior to 7.30pm on Sep 10 at the airport: Maximum temperature 32.8 Associated humidity 58 Minimum temperature 24.4 Associated humidity 92 Hours of sunshine 6.70 Rainfoll in millimetres 3.6 Rainfall this month 34.3
      55 words

  • SHIPPING TIMES
    • 464 17  -  -By LINDA CHEE SINGAPORE'S national shipping company, Neptune Orient Lines (NOL), has tied up with Thai interests to form a shipbreaking company called Thai International Shipbreakers. Confirming this, an official of the Board of Investment (Bol) in Thailand told Shipping Times that
      464 words
    • 166 17 Reuter REPAYMENTS of domestic banks' foreign currency loans to South Korean shipping companies will be extended to eight years from three, Bank of Korea officials said. They said the extension, combined with provision of a three-year grace period, is intended to
      Reuter  -  166 words
    • 173 17 Reuter MOST OF India's 130 shipbreaking companies i stopped work on Sept sto protest a new excise duty on demolished scrap. I T S Seetaram, execu- tive secretary of the Iron and Steel Association of In- j dia, said the companies concerned have decided on
      Reuter  -  173 words
    • PORTSIDES
      • 67 17 AFP JAPANESE STEEL exports in July dropped 5.5 per cent from a year ago to 2,883,000 tons, the Japan Iron and Steel Federation announced. July shipments to China rose 24.2 per cent to 964,000 tons, but those to the United States fell 38 per cent to 390,000 tons
        AFP  -  67 words
      • 58 17 INDIA HAS awarded Mitsui Corp of Japan a 1.1 billion rupee contract to execute civil works involving construction of six shipping berths at a large western port being built 12 km across Bombay harbour, Indian Minister of State for Shipping and Transport Z R Ansari told
        58 words
      • 77 17 Bernama THE FREE PORT status of Sabang in Aceh will be lifted soon because after 15 years the free port has failed to achieve its objective. The free port status was given to Sabang in 1970 with the intention of boosting international trade. Sabang is on the
        Bernama  -  77 words
      • 90 17 AFP TAIWAN resumed quarantine measures on frozen shrimps exported to Japan after reports that cholera bacteria had been found in the shrimps upon arrival. The board of foreign trade notified the Taiwan Area Frozen Marine Products Association that all frozen shrimps sold to Japan, the major
        AFP  -  90 words
    • 671 18 Fairplay THE BRIDGES spanning the St Lawrence Seaway are beginning to pose more frequent headaches for owners and seaway staff as more unusual ship designs find their way into the system. Captain Philip Jenkins, chief marine officer of the Canadian Seaway Authority
      Fairplay  -  671 words
    • 195 18 AFP A KUWAITI FREIGHTER, the Al-Massilah, travelling from Bombay to Dubai, was stopped and searched by the Iranian navy near the Strait of Hormuz, the narrow entrance to the Gulf, the ship's owners said in Kuwait. The ship, which was empty at the time,
      AFP  -  195 words
    • 244 18 SEA-LAND's new exclusive-use Little Ferry intermodal rail facility in New Jersey has begun operating as the eastern terminus for Sea-Land's dedicated weekly double-stack train service between Tacoma, Washington and the midwest and east coast. The 22-acre Little Ferry facility is the first rail terminal used
      244 words
    • 896 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 A PC Line V 4 APL III 2/3 Antoh Orient X 3 Arrow Lines X 5 Atlas Lines
      896 words
    • 1407 18 BUSINESS in a generally quite freight market on Monday concentrated on the time-charter sector, where Japanese operators engaged a number of bulkers for Far East delivery. NYK booked the 41,683 dwt Bunga Sripagi at US$3,OOO per day for one round voyage via the Arabian Gulf with cement after
      1,407 words
    • 203 19 AFP PROTESTS BY French barge operators took a violent turn on Monday with the burning of railway carriages at the river port city of Rouen in north-western France and at Mfeaux-Villenoy east of Paris. The bargemen are protesting the fall-off of their ferrying
      AFP  -  203 words
    • 600 19 SOUTH KOREA'S Hyundai Merchant Marine is to take over compatriot Korea Marine Transport Co in a W0n8.2 billion deal which will further cement rationalisation of the country's beleaguered shipping industry. The merger involves Hyundai acquiring all of KMTC's assets and operations except those involved
      600 words
    • 762 19 AFP ATLANTIC AND Pacific grain rates began to look shaky again last week on the freight market, contrary to the firming trend usually witnessed at this time of year ahead of traditional autumn business expansion. Panamas vessels on the US Gulf to Japan route which have recently held
      AFP  -  762 words
    • 188 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
      188 words
    • 74 19 THE INTERNATIONAL Association of Dry Cargo Shipowners (Intercargo) called on governments to end subsidies for new shipbuilding and support scrapping schemes in order to reduce tonnage overcapacity. At a meeting in Athens, Intercargo said the depressed dry cargo market would not improve
      74 words
    • 2953 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.
      2,953 words
    • 650 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Kuo Hsiung 501 11.9.85 1900 C Feeders F5 0900-1100 U1 E Level 032RW 11.9 85 2030 Green Asia F1 0700-0830/1000-1100 0830-1000/1100-1130 P4 S4 Royal Eagle 2 11.9
      650 words
    • 1619 25 The leading shipping lines operating from local ports and their agents. A Top Enterprises Pte Ltd Some (S) AB Shipping Boustead Shpg Agencies Ateo Line Africon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShipptngAgencies (S) Multiport Sdn Bhd (PK) American President
      1,619 words
    • 419 26 Vessel Berth Arrival Departure KEPPEL WHARVES Bobushkm K18 alongside 11 9/1500 No 7 Donom K21 alongside 11 9/1300 Straits Pride K25W alongside 11 9/1500 Yongmen K15 alongside 11 9/2300 Frotadurban K33 11 9/0400 12 9/2300 Hong Hwo K31 11.9/1500 12 9/0600 Iweri K27 11 9/0700 11 9/2300
      419 words
  • Page 17 Advertisements
    • 1035 17 STRAUS EUROPE EXPRESS SERVICE JMOOC SMPPMG MENCES (I»f Ht 242t54/00K) 70 Stanton #04 03 Marina Ho«i* S»*apo»e 0207 Td *****11 Ida NO RS ***** CFS OfFICE IPC #***** TH *****31 2220&3J Terminal Ottice IPC #***** Tel *****90/*****93/*****01 MIAN IMOME 9OTMS MEMOES SON. M> PETALHG.IAYA Tel 7JS 780/780 375/7*9 702 Tetei
      1,035 words
    • 66 17 [KMDB THE BRIDGES spanning the St Lawrence Seaway are beginning to pose more frequent headaches for owners ond seaway staff. Page II SOUTH KOREA'S Hyundai Merchant Marine is to take over compatriot Korea Marine Transport Co in a W0n8.2 billion deal. Page 111 Index to advertisers London freight Weekly freights
      66 words
    • 567 17 In Slwcli of EXCELLENCE. i"U Im s This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense MAERSK LINE KEEP YOUR APPLES FRESH tacoma TO: Singapore 19 days PORT KELANG 22 DAYS FASTEST TRANSIT penang 23
      567 words

  • Page 18 Advertisements
    • 445 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Feeder Vsl IRIS ACE (AMKY ACE GLORY ACE MARIA Pacific South West FNdar at Tokyo Mother VSI LA IB OAK TAMA SHIN M 12/10 15/10 YAMASHM M 12/10 15/10 2EELANUA 19/10 22/10 S KASHU 26 10 29/10 Pacific North Woat Faador at Koba
      445 words
    • 280 18 JUJ, J 1 1 11 T-" Supercarrier Service EIAMER KCTOR N ROOCSTH NEU ARRIVALS N ROTTERDAM 76 9 BARBER TEXAS ?6 9 N ROUEN 16/10. BARBER PERSEUS 16/10 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BARBER NAR« BARBER TE *AS BARBER T GINSBERG BARBER PERSEUS Aho acceptor contrs
      280 words

  • Page 19 Advertisements
    • 777 19 The Straits Steamship Group Mansfield Container Shipping PteLtd QCC Overseas Containers Limited STRAITS SHIPPING Singapore to Sabeh, Sarawak, Brunei Ports and Bangkok ft CONTAINERSHW SERVICE TO UK CONTINENT rtcasus pttt PEGASUS mx STORE ki Part/11 S«p 17 II S«> BANGKOK BORNEO AGENCIES LTD BANGKOK TEL: *****80 SINGAPORE TO SARAH SARAWAK
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    • 653 19 Franco Belgian Services wv. he V *W« >'tir %n*i r«r foi. A*' eh COW MO grog TO STOH P KUANGIe H»»* I tea fSIMK tta» rtt*«w M OHENIM. CMCF kM 1 Sep>3o Sep 1 Oct 3 Oct 5 Oct t Oct I Oct IOKM MCt M II Sep (li Sep)
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  • Page 20 Advertisements
    • 500 20 VMM Hapag-Lloyd 10 CONIINIW, UK EXPORTS On carriage to Scandbavia, Med, Carribean 4 S. America Hand hadaie to Wand destinations in Europe I TO EUROPE/MED S port P*tianfPoun|ltHonß»ao Gtnoa Hh»| Ada* Bharw A.tip 22/0 20/10 20/10 23/10 20/10 Sopte Aidunon24'9 20/0 2t/9 24/10- 5/11 31/10 2/U 20/10 lim Mckiaort 5/10
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    • 424 20 M S LIME lOMU i-" %t o»»n»t '■.>». Xu *td Tu LL Y CON TAINERISED SERVICE 10 EUR OR VIA Sl*/ 1* 01 ce Comortmi S pot P KrOnf R dam Fvt(m« MW| Antwwp 18 9 (16/9) 7/10 810 10/10 12/10 15/10 25 9 (23/9) 14/10 15/10 17/10 19/10 (22/10)
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    • 498 20 Hai Sun Hup Co (Pte) Ltd TFI ??0490f> |?0 lines) Tl* RS??061 A RS?O67? t I:\STI:K\ \K u\i:u itd Specialist in RO/RO Service Accepting heavy-Bfts upto 80 K/Tons Saints from Japan Spot MiUn| NBSHO MAW Mi So*d h Port 16 S«pt II Sop* KKHu It Sop* (latan 1* S*t) CM
      498 words
    • 1083 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) EVER GOMC EVER GATHER EVER GUKX tVER GOVERN EVU GLORT EVER Gf TED EVER GUAMY MP w Bt lit IB OM TVO KM CMS MTC Ml m IU MM MM UN MP 17/1 tin 22/1 an 27/1 an an i»/i*
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  • Page 21 Advertisements
    • 873 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 VESSEL KOTA JAVA KOTA MUTIARA KOTA MEGAH KOTA WIRAWAN KOTA WANGSA CASON KOTA MULIA KOTA SALAM VOYAGE E-561 E-547 E-565 E-563 E-589 HONGKONG SINGAPORE LOAOING FOR: rv.Ai AM 18-19/9 23-26/9 BERBERA, HOOEIOAH. JEDOAH, PTSUOAN, AO ABA.
      873 words
    • 863 21 BEN LINE CONTAINERS EXPRESS COHTAINE* SERVICE TO UK/CONTMEMT EXPRESS CONTARgR SERVICE FROM UK/CONTINENT Kamakura Maru Bremen Eiprets Liverpool Bay Bcnjxn Io*lo Bit Kitano Maru City of EMw| Kiuifi Man HAM B HAVEN R DAM SiMSjM Sated Sated Saded Sated SadedSaded Sjied SadedSaded Sated Sated 12/9 13 9 17/» 19/9 20/9
      863 words
    • 531 21 DJAKARTA LLOYD INDONE SIAN NATIONAL L IMF BUSAN VOKOHMU KOBE KAOHSRMG MR I STORE •UMfMT »2« HE 11/0 HI K/t ?o 9 22/0 ?|T GONAV2AHB 23/0 Hi 28/0 2 /10 4 l0 "lQ S PORE TO JAKARTA/SURABAYA CONTAINER SC MtltfMl *2* HB Co«t V 24 HB WEST BOUND 11 BONTANG
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    • 626 21 BOUSTEAD SHIPPING AGENCIES Myomayara VB9W Lastao V49W BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Phashweiyawywa V2SSW 20/22 Sept MawUmyainf V2IH 29/30 Sept Htoneyara V2OS 2S/27 Sept 13/15 Sept (Malacca) 13/18 Sept 22/24 Sep! \> BANK LINE CLYDEBANK A H SPORE R'DAM HULL HMBG 25 Sep 18 Oct 26
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  • Page 22 Advertisements
    • 1176 22 K LINE "■BH* KAWASAKI KISEN KAISHA. LTD. USA CANADA PACIFIC COAST (lfiwiuiK destinations inland vu ipi microbridge miniland bridge) FEEDER/ MONTE RUBY V 33 SS BUDGE VSIE ASM STAR V4O MOTHER VESSEL ASM MARU V 57 J ALLIANCE V 24 ASIA MARU V 57 J. ALLIANCE V 24 MY BRDGE
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    • 602 22 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lOMknf to- 10S ANGIIIS SAN IRANCISCO SEATTLE. (ACOMA VANCOUVER BC Accept** fCI FCI Cootameti P AeU(i( S<ngipoJ» L Anptn BMARATINDU" It/21 S*t U Oct AUSTRALIA EXPRESS CONTAINER SERVICE A. (eylinj fa Id Conlaneu JAPAN SERVICE lu*f tar lata Tatrtianu Mama. Oiaka. Mm Ah.
      602 words
    • 512 22 t GOLDEN LINE Vy£><( GUAN GUM SHPPM6 (PTC) LTD Kam| Twf Ptmnl M M CM! SM, awrai DIM IU H1979« <10 ims) *1' 11 1«t kuato Lily W2ll P (M( Jl7*l Phiim 36^4SS trm Gudwt Af<H( HOI UOTO (M) SON M) IU: Ml7l STRAITS/PERSIAN GULF SERVICE: S porr P MangPtiung
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    • 418 22 INTRASEA (PTE) LTD I 10 Anson Road «27 16 Internations> P'J/a Singapore 0207 Tel *****1 1 (10 L.nes) P.T PERUSAHAAN RELAY Alt AH T KALIMANTAN MRECT MEEKLY SERVICE TO JAKARTA/TG. PRIOK sd ETA/ETD DESTNATWI GA XXI Voy 13/15 14/15 Sep Jakarta/CHbm GA XXI Voy 19/15 lfi/17 Sep Jakarta/Cretan Vessel ETA/OB
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  • Page 23 Advertisements
    • 811 23 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia 0 CHIEF S'pore Closing Times: FCL Cargo LCI Cargo FROM EUROPE (VIA SUEZ) 2100 11/9 0500 11/9 MERCATOR 36E SS BUDGE 51E.. C PAU. 45E Where PK dates indicated in brackets, cargo to/from PK transhipped via
      811 words
    • 617 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON SPi*l NEPTUMI AGINCHS PIE 110 TH 7/899/7 7/8V34 <Boo*m t st *****10 *****7? (Operator* i *****8 *****84 llummjlt *****50 *****04 (CIS) m> avsia At.) nis TUNAS Mil* SDN BHO Kl lei 414 390 *****4 PK lel
      617 words
    • 1096 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG rtNANG M/S SHARMAT NAH SOON SON. BHD. IST ANO ?NO FLOOR. MESSRS HAI THONG SWPMG n Wrid
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  • Page 24 Advertisements
    • 672 24 Kcfliwnal Container Lines 4 Sailings weekly mm I Fast Reliable Regular Punctual Berthing P S.A. Mon, Tue, Thur. Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPFCIAI ISID HfAVY lIFTIRS AWAIt ABl E sura SPRIT Spore 12/15 Sept Loadng for: Saialah. Gizan Aqaba. Suez VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL
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    • 37 24 COLUMBUS LINE Penanf P.Klani Spore lakarta Surabaya S«C H 16 Sept 17 Sept 18 Sept 21 Sept 23 Sept Columbus Navigation Pte Ltd 50 Raffles Place #12-05 She! Tower let: *****00 Th: RS ***** LPS Contact Mn/fady
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    • 45 24 LOYAL SHIPPING LIMITED direct service to and from cottagong Sinfapore Petunf LOYAL HRD (Bangladesh flat) 15-20 Sept. 21-23 Sept General Agents CONFER (SEA) SHIPPING PTE LTD 76, South Bridge Road, #06-00 Singapore 010$. Tel No *****97/*****93/*****80 Penonq Agents: ORBIT SHIPPING SDN BHD Tel No **********432
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  • Page 24 Miscellaneous
    • 172 24 i Regional Weather B a s m jJ *1 4 £2 c 'i, ft L<S J* N > fix 1 > K IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. cP' Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c Weather Wind direction
      172 words

  • Page 25 Advertisements
    • 209 25 J§ EAST ASIA LINE I (Malaysian Flag) Regular Lin*f ScrvicM Batwawi M'SIA/STORE/INOU P. Kelong Penoog S'pore Ldg for 20/9 ChiHJtont MDCn PERTAMA 11/9 H/9 16/9 9mb l RE GUIMI JATAN/STRAITS/JAPAN SERVICES i uim 30/9 Naf/Koce IMKOR Yokohama east Asia shwng son. bh>. ri. 31W022/36 MFBC K.L. Tot *****5/*****0 J CONFER
      209 words
    • 220 25 BAPID SHIPPING PTE LTD L S PORE TEL:' *****44 TLX: ***** K.L. TEL: *****5 *****0 Fa LCI LOADHG FOR HA SM FAR EAST Mij, China, Bus, Cmb, BKK 14/9 23/9 MAURITIUS Port Loub 1/10 31/10 UK/EUROfE Ldn, Rdam, Awerp, Hburg 15/9 29/9 AUSTRALIA Syd, M, Bri, Ado. Fre 12/9 2/10
      220 words
    • 487 25 CIMC LINES WEEKLY FCL LCL CONTAINER SERVICE STORE BKK HKG MO KEE KOB MOI BUS KUO KSUNG 501 to Port 14/9 20/5 22/9 23/5 27/9 21/5 29/9 NAN LI V.SI 2 16/9 19/9 25/9 27/9 28/9 2/10 3/10 4/10 CHUNG Lf V 513 30/9 3/10 9/10 11/10 12/10 16/10 17/10
      487 words
    • 86 25 K OCEAN BRIDGE SHIPPING PTY LTD, 0 FREMANTLE REGULAR SAILING TO FREMANTLE MV HELE* COAST ETA In Pt ETC 15/9 LIN LIN SHIPPING PTE. LTD. 1 Magazlna Road. «OS-0i Central Buikfcng Singapore 0105 Tal: 533M14 *****22 WEEKLY SERVICE SINGAPORE TO KUCHING-SIBU-SARIKEI i rr 4* general agents seauon shtpwg (S) m
      86 words
    • 15 25 LIZENA PTE LTD T*fc *****67, ***** M Tatex: R*****1 SERVICE TO EAST KNJMNTMI (WOKSA FLAC)
      15 words

  • Page 26 Advertisements
    • 435 26 STONEAGE FCL LCL TO ETA SW6APORE LOADW6 FPU AUSTRALIA 15/9, 2/10, 4/10. 12/10 Sydney, Mdbourne, Brisbane Adelaide ft Frenuntte NEW ZEAL AID 13/9, 20/9, 29/9. 5/10 Auckland, Nefafton, Lyttleton, Napier I New Plymouth U.S.A. 16/9. 23/9. 30/9. 7/10 East/West Coast t Guff ports HONG KONG/CHMA 14/9, 23/9. 29/9. 2/10 Honf
      435 words
    • 406 26 FREIGHT MANAGEMENT PTt LTD 10 Anun Rud. #22 14 W«nut*ui Pta:i S pott 0207 T«t *****11 (lfcLnw) Ttlei RS ***** FtTMMI MSIA K L *****7/*****1 TLX MA ***** E ASTIR FINE-LINER SHIPPING PTE LTD Henderson Road, Blk 2038 »01 06 j. Henderson Industrial Park, S pore 0315 TEL *****82/*****62/*****52 ACCEPTING
      406 words
    • 629 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUILY COMIMORCD SERVKC 10 EtftOK SUB) OR* HIAL CHEF 45N KOREAN I*l fUN lON NEPIUNE CRYSIAL 31N KOM«N CHANCE 23W Spore I? 9 IS/9 H! 2 10 LeHarte Rdam FsUee Hbwf Bin* Antwerp 30 9 MO J/10
      629 words
    • 861 26 P3B| 5 COMPANA PERUANA DC VAPOREFS fCP VA IZk COMPAMA PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" l ujding lot Ullao Mitaram to and alt other Permian ports «nth hinshipmwit at Kobe On CPV Tftfoueti Bills at I ading to tinal destination Peiunt* P. KeUnf MANOtOtVtMTT KMCVOICTT MUMAYEVEKTI Sinfapoce-f 21/22
      861 words
    • 376 26 ZIM MOM CONFERENCE KXHWEHT FULL CONTWO SOtWCE Kccptnc FCL/LCL cargoes to USA East I Nest Coast. Carribbeanlast Canada and HMD «sa ui n m *ssi 73in m kssei 2 ion m a wssi i ion m 23 1005 27 1015 23 1015 2710 05 ***** 0 11J5 *****5 10.11J5 ZIM
      376 words