The Business Times, 10 October 1985
1985-10-10
1
26
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The Business Times
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Title Section12 1985-10-10 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, OCTOBER 11, 1985 75 CENTS12 words
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412 1985-10-10 1 AN IMAGE OF little Singapore and massive America standing shoulder to shoulder to defend common values was projected by President Ronald Reagan on Tuesday night. He told guests at a White House dinner that the people of Singapore and the US might, at412 words
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369 1985-10-10 1 LOH HUI YIN - By LOH HUI YIN THE POSSIBILITY of establishing a free trade agreement between Asean and the US is believed to be on the agenda of a meeting to be held next month in Manila between the two regions. Asean and American trade369 words
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Article, Illustration393 1985-10-10 1 MANO SABNANI - Brilliant address to Congress draws rounds of applause and a standing ovation By MANO SABNANI THE YEARS OF President Reagan's presidency will be a noticeable landmark in American history, Mr Lee Kuan Yew told a distinguished audience at the White House in Washington onPicture taken off television screen. - 393 words
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Article90 1985-10-10 1 Iacocca's views a BT exclusive CORPORATE HEROES do not come much bigger than Lee A lacocca, the man who dragged the US Chrysler Corporation automobile giant back from the brink of bankruptcy and into profitability. How does he view the world today? Find out next Monday when Business Times begins90 words
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687 1985-10-10 1 PRIME MINISTER Lee Kuan Yew received a standing ovation last night for his speech on "Peace and Progress in East Asia". His address to the US Congress was interrupted three times by loud applause from his audience each time he touched on the issues687 words
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Article, Illustration85 1985-10-10 1 A RE-APPEARANCE of strong baying demand among Malay-ilu-bued conn ten helped the Singapore stock market to close higher yesterday. The Straits Times Indus trial Index rose 4.15 points to 714.87, while the hreader-besed Business Times Composite Index gathered 2.52 points to M 1.27. Gainers topped losers 18 to85 words
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415 1985-10-10 1 ELAINE KOH - By ELAINE KOH AN AUSTRALIAN-BACKED company has invested half-a-million dollars to bring the first closed-circuit television programmes to tourists in Singapore's hotels. The service, as well as the installation of equipment, will be free to hotels but Chondale Pte Ltd, the company under415 words
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Page 1 Advertisements
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Advertisement140 1985-10-10 1 WATERMAN PARIS Writing instruments of distinction since 1884 Trade enquiries: Ttel: *****33 BANKING WITH FRIENDS Everybody needs a bank providing full personal banking services like savings, fixed deposits and personal loans. At UMBC we provide all these but we serve you with that little bit of "personalised attention" that you140 words
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Advertisement257 1985-10-10 1 America supports Asean stand, Back Paga SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV RADIO DOONESBURY BRISTOW OUR VIEW THE HIJACKING OF THE Achille Lauro shows terrorism keeping poce with the tourism business: from land to air and now the sea. Any solution to this recurrent problem will have257 words
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Advertisement12 1985-10-10 1 Full report, Pago 13 Asian stocks, Pago 11 Intl stocks, Pago 1012 words
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Advertisement84 1985-10-10 1 BEHIND EVERY SONY PRODUCT IS SONY Service V *****11 SONY THE ONE A'.: Lee raises question with Reagan, Back Page 2220 SUNDAYS The most flights to Brunei Darussalam. More convenience, more choice. Royal Brunei Airlines. With more flights to Negam Brunei Darussalam than anyone else: departing Singapore ticiee daily at84 words
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HOME NEWS
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501 1985-10-10 2 ELAINE KOH - Orstead to make plastic bags solely for export By ELAINE KOH A PLASTICS TRADER has set up a $5.5 million factory to produce plastic bags in Singapore after failing to get enough local supplies to meet demand from Europe and the US. Orstead Plastic501 words
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Article97 1985-10-10 2 FIVE FOREIGN trainees are studying the Central Provident Fund Board's computerisation and enforcement operations. The five two Indonesians, two Thais and a Nepali are attached to the board for a month. The Thais and Indonesians came here under the Asean Training Awards while the Nepali is here under97 words
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345 1985-10-10 2 COMPANIES which have yet to join the productivity movement were yesterday urged to "delay no further" by Dr Wong Kwei Cheong, the Minister of State for Trade and Industry and the chairman of the National Productivity Board. "Such companies should examine their management structure, their345 words
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304 1985-10-10 2 "THE Beggar's Opera", or a classical version of the Beatles's "Money" would be ideal material for the repertoire of the Ladies League of the Singapore Symphony Orchestra if it went into the performing arts. For the league is on304 words
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Article, Illustration499 1985-10-10 2 MONICA GWEE - By MONICA GWEE A BELGIAN ENTREPRENEUR has turned an idea into a $500,000 effort to "wake up" a section of Orchard Road for evening revellers. Mr Fabrice de Barsy is investing the money in Saxophone, a jazz bar and restaurant along the499 words
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Article709 1985-10-10 3 THE GREATER role seen for smaller businesses in Singapore is going to open up a need for more company directors good company directors. TTie list of minimum qualifications is short. The first requirement is being a 'natural' person companies cannot be directors of other companies.709 words
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Article118 1985-10-10 3 (Chinese) Bitt: IJ** s]** o mm ##««<•■» "s «A" "&m n r-m &mm nx #*?tt o pgfc] A n§ tfett «nßf?£te#3l*fcW <** 6UX£fQMfi> it IE m&tfijwm as &*> £4k3:&IJA tSKWA IWi* —T&* 45IE ft S A Tay Swee KianfO Jg *BS v£ £11} telE ?£4>B£fc&£ ffi Mm» 3®£-«stt«LTB**fis 2:*;fc ffiN-118 words
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369 1985-10-10 3 THE MINISTRY of the Environment recently awarded two contracts worth a total of $4.7 million for sewage works at Kranji and Ulu Pandan, one of which was awarded to Keppel Shipyard. Keppel was awarded the contract for the supply of inlet works equipment as well369 words
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Article182 1985-10-10 3 THE FIRST INDIAN Investment Centre in the Asean region was opened in Singapore yesterday, with a plan to hold major seminars and workshops for the year. The idea of opening a branch in Singapore was mooted a year ago by the High Commissioner, Mr AN Gopalakrishna Pallai,182 words
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244 1985-10-10 3 AUSTRALIA'S seriousness in seeking tie-ups with local companies to capture projects in China was reflected once again in a government official's visit to Singapore. The director of Australia's Trade Department's China section, Mr WG Newton, was in Singapore yesterday for a244 words
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Article65 1985-10-10 3 SINGAPORE AIRLINES (SIA) and the Singapore Convention Bureau (SCB) will organise a four-city convention and incentive travel promotion in Europe from Oct 15 to 25. The promotion will cover four cities London, Amsterdam, Brussels and Paris. Seven hotel representatives and four travel agents from Singapore will65 words
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491 1985-10-10 3 LUCY NG - By LUCY NG ONCE, SIONG BEE Industries served the spirit world, now it is helping mortals to rest in peace. And it is being assisted by its fourth government grant since 1962. The company started with a small factory in 1964 to491 words
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357 1985-10-10 3 THE MALAY KAMPUNG planned for Geylang Serai will be as authentic as possible, with shop tenders open only to Malays. The Minister-in-Charge of Muslim Affairs, Dr Ahmad Mattar, said yesterday that the Minister for National Development had agreed to this357 words
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Advertisement143 1985-10-10 2 S,~Z (S .-x'. "'> 'fev 'J <t r** ..<• >«4 w > > <*. 1 «*<■ f **«■> -i > "*WH jlfflWfc .v'- v-tewm. ".> •/>.• 'v > s 9 /-H iSiif •%r .y u-t« 1 iX<firMi ■•■•'it pv »:•'-< w i <"Hr. »xjt y ','t -r "i, S%|;.'v s143 words
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Page 3 Advertisements
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Advertisement123 1985-10-10 3 Join the people who know and fly America's 1 airline across the Pacific. From Kuala Lumpur, you can fly direct to San Francisco or Dallas. Or by taking our convenient connecting flight from Kuala Lumpur to Tokyo, you can fly nonstop to five other US cities. After arrival, our extensive123 words
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OVERSEAS
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Article, Illustration338 1985-10-10 4 Reuter THE TWO MAIN US intelligence agencies have predicted catastrophe (or the Philippines if President Ferdinand Marcos remains in office and reforms are not carried out. Congressman Dave McCurdy, a member of the House of Representatives' intelligence committee, said in Washington yesterday thatReuter - 338 words
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151 1985-10-10 4 AFP THE PHILIPPINE government may defer the lifting of import restrictions on certain items in the wake of Filipino manufacturers' mounting protest. The Business Day newspaper yesterday cited Deputy Trade and Industry Minister Edgardo Tordesillas as saying the government would consider deferring liftingAFP - 151 words
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229 1985-10-10 4 Agencies THE US ADMINISTRATION has said that it is willing to talk with the hijackers who seized an Italian luxury ship, the Achille Lauro, but it will not negotiate. "We will certainly discuss with those who may be holding ourAgencies - 229 words
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Article141 1985-10-10 4 Reuter CHINA HAS taken measures to control illegal exports of foodstuffs, textiles and other goods to Hongkong that bypass Beijing's official outlets. Vice-Foreign Trade Minister Chen Jie said that steps to tighten up marketing and licensing of experts to Hongkong and Macao had begun to payReuter - 141 words
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112 1985-10-10 4 AFP HONGKONG police officials remained tightlipped yesterday about a statement by a computer distributor that police were using pirated Apple computers. Jodee Rich, the managing director of Imagineering Micro Distributors Ltd (IMD), the distributor of Lotus software products in Hongkong, was quoted by theAFP - 112 words
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Article66 1985-10-10 4 AFP MALAYSIAN senators and members of parliament are soon to have a chance to exhibit more than their oratorical skills at Parliament House. Some M 525,000 worth of keep-fit equipment is being installed in an unused basement to help whip legislators into shape. Keep-fit instructors wouldAFP - 66 words
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Article801 1985-10-10 4 ARRIVALS Operator S«fVIC« Local From number time PAA PA2I/5 0020 LAX/TYO/HKG RBA BM43 0330 BWN LUFT LH688 0105 FRA/DXB MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH605 0930 KUL MAS MH811 0940 PEN AC AC858 0940 YYZ/LHR/BOM MAS MH67I 0950 KUL RBA BI42I 1030 BWN801 words
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Article, Illustration359 1985-10-10 5 AP REPUBLICANS in the US House of Representatives have unveiled a 23-point trade plan that includes the possible sale of Alaskan oil to Japan, but excludes many of the protectionist proposals in Congress. "Protecting existing jobs and creating new jobs is at the heartAP - 359 words
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250 1985-10-10 5 UPI A NUCLEAR POWER plant could be put in orbit by 1993 in a test crucial to the development of space weapons. The head of President Reagan's "Star Wars" programme, Lieu tenant-General James Abrahamson, told a House panel on energy research and productionUPI - 250 words
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177 1985-10-10 5 AP BOLIVIA PROPOSED on Tuesday the creation of an international fund to buy coca harvests from the growers so as to prevent the narcotic leaves from reaching organised crime. Bolivian Vice-President Julio Garrett-Aillon, in an address to the 40th session of the UNAP - 177 words
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310 1985-10-10 5 AFP PRESIDENT Ronald Reagan views the Soviet proposal of halving strategic nuclear arsenals as an enticing start towards serious negotiations, but also as a bait for traps, a US official disclosed on Tuesday. "The president feels that the veryAFP - 310 words
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Article, Illustration704 1985-10-10 5 SOH TIANG KENG - By SOH TIANG KENG PROTECTIONISM and the debt problem and more ideas on how to tackle these thorny problems dominated discussion yesterday at the joint annual meeting of the World Bank and the International Monetary Fund in Seoul. Industrial countries such as West Germany, Japan704 words
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Page 4 Advertisements
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Advertisement248 1985-10-10 4 s to look >etter Corporate Card tpa* tor a b lu ONERS CLUB ttsTTERNAXONAr 3812 3*5b18 000* mif lAS Just ask the U.S. Government. The United States Federal Government tried for three decades to install a Government-wide charge card system for its 350,000 employees. None worked until they looked at248 words
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Page 5 Advertisements
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Advertisement105 1985-10-10 5 These parcels could reach your client's desk before he does in the —morning. We deliver desk to desk worldwide through an extensive network of over 300 offices in 80 countries. The fastest transit times possible are ensured by utilizing onboard couriers wherever possible, for the latest lodgement, quicker clearance and105 words
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Advertisement142 1985-10-10 5 Making a meeting successful takes experience. TOTveQ m ■i' THE HILTON MEETING MAKERS p r airing •hdob WET-Jt, RWKJS When you host a function at the Hilton International Singapore, you'll find there's a group of people assigned to making sure your meeting is nothing short of successful. They're the Hilton142 words
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Page 5 Miscellaneous
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Miscellaneous60 1985-10-10 5 Doonesbury SO THIS IS t the pc route BE6N MORKJNG I ON FOR. JOBS? UH-HUH. snooouN AND TU, SHOW YOU HOUJSHS STEVEN IS VBRi INTO OPERATIONAL ELEGANCE. UNFORTUNATELY, SOME PEOPLE PREFERSPEEP ANP BRUTE MEMORY TO EASE OF HANPLIN6. MHATIVE PE96NEP IS A SELF-OONTAINEP SERIES OF USAGE PROGRAMS, THAT IS, A60 words
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BANKING AND FINANCE
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541 1985-10-10 6 Action prompted by failures and loan losses NYT THE FEDERAL RESERVE is stepping up the frequency of its bank examinations and strengthening the requirements for reporting deficiencies to bank managers and board members. The action is inspired by what has happened in the bankingNYT - 541 words
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140 1985-10-10 6 HONGKONG BANK of Canada has agreed in principle to acquire the Winnipeg and Halifax branches of the former Canadian Commercial Bank (CCB), subject to appropriate approvals. The acquisition will bring to 12 the number of branches of Hongkong Bank, making it one of the few140 words
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162 1985-10-10 6 Reuter THE CANADIAN government plans to increase substantially the power of regulatory authorities overseeing the country's banking system through legislation to be introduced shortly. "These changes will ensure that we have the best regulatory system in the world," Minister of State for Finance Barbara McDougall toldReuter - 162 words
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118 1985-10-10 6 Reuter THE CHICAGO Mercantile Exchange has asked the Commodity Futures Trading Commission (CFTC) for approval to trade options on Japanese yen futures and Canadian dollar futures. The CME, which already lists options on Swiss franc, West German mark, pound, Eurodollar and S A PReuter - 118 words
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MONEY AND EXCHANGE
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Article670 1985-10-10 6 SINGAPORE THE US dollar yesterday closed firmer against most major currencies in active and nervous trading, but below the day's highs due to intervention by the Bank of Japan in late Tokyo trading. It closed firmer at 216.75/95 yen compared with New York's 216.06/15 close, but below its670 words
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Article, Illustration339 1985-10-10 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Short-dates eased 1/16 point at the outset due to a slightly lower US Fed funds rate and thereafter remained unchanged. Overnight, Thursday/Friday and week fixed closed at a common 8-1/16 7-15/16 per cent. Period339 words
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Article316 1985-10-10 6 Interbank rotes at 3pm yesterday: Currancia* Nominal rates Smithsonian Bid Otter cross parity change Locol dollars to one unit of foreign currency: US dollar 2 1450 2 1460 2 8196 -23 93 Sterling pound 3 0298 ***** 7 3469 •58 76 Australian dollar 1 4982 1 5011 3316 words
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Article360 1985-10-10 6 BA Futures EURODOLLAR futures yesterday opened slightly higher than Tuesday's close on short-covering activities and uncertainty over the outcome of the debt ceiling issue. After opening at 91.68, the December contract edged higher to 91.70 in an attempt to close the gap between 91.68 and 91.71. Liffe opening sawBA Futures - 360 words
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Article220 1985-10-10 6 HONGKONG: GOLD yesterday closed higher in moderate trading mainly reflecting the weakness of the US dollar. The metal ended at U*****.00/50 an ounce compared with New York's 324.70/325.20 close and the 326.90/327.30 finish here on Tuesday. On the local market gold fell HK$6 to close at $3,028 a tael.220 words
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Article65 1985-10-10 6 THE OVERNIGHT rate on the Singapore interbank money market rose by point from Tuesday to close at s'/« per cent yesterday. The term rates fell by point across the board. S$ Interbank rates at 3pm yesterday: OH«f hd Ovef ruaht 5 1/4 I month 5 5/8 5 I65 words
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Page 6 Advertisements
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Advertisement503 1985-10-10 6 STYLE 86 Fabrics Garments Shoes Accessories (TRADE ONLY) November 13th, 14th and 15th, 1985, 12.00 to 6.00 pm Century Park Sheraton A® StoBßpo The Reliable Airline KLIWI Royal Dutch Awfaws j For the sixth consecutive year, leading designers and manufacturers yVV from Austria will present the latest in fashion matenals503 words
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Advertisement138 1985-10-10 6 f r Express your individuality Express your personality with a distinctive, vital look which you can easily co-ordinate at Melwani. Select from a wide choice of reputable suitings, from names such as Wain Shiell, Dormeuil, Zegna and other top quality brands. Choose readymade clothes, shoes and accessories that will complement138 words
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Page 7 Advertisements
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Advertisement530 1985-10-10 7 Action Station. I 111 f*flt »-l| iffiwtnttffi f fWl|pffw^| (PfrniifM 1 f ff ®i ,i fffff"H fl|pw*»i»lM f mi' "Mll^l >if»>w»inmiii®^nwwm^i' fWMM'HWti iii* frfff*'^!? rft^'r' in®' '*■!'fn^'imi I fiftttmitm i /w* ,«r M nPTI r w W9 f p M" ,f f^" flf tfffiffi' ff'rffH^ Hf wPff^lf niMitmn «ffftffffivtnv itvfittmvir530 words
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FEATURES
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Article523 1985-10-10 8 THE TERRORISM BUSINESS is increasingly getting to be like the tourism business. If the skies are too hectic for you, why not go on a leisurely sea cruise? Don't you like the terror of the unknown, excitement in the midst of serenity? Indeed. Variety being523 words
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Article, Illustration1232 1985-10-10 8 Electronic communication is revolutionising the financial markets NYT A WATT. STREET LUNCH, five years from now, may consist of soup, steak, a 5,000-share trade and dessert, in that order. "If the name of a security comes up, it'll be commonplace for someone to reach into hisNYT - 1,232 words
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362 1985-10-10 8 Clifford Company Private - Letter to the Editor Clifford Company Private Dear Sir, For a considerable time it has been apparent that the system of post boxes on the ground floors of multistoreyed buildings is not working. Letters are continually placed in the wrong boxes and not every362 words
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Page 8 Advertisements
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Advertisement517 1985-10-10 8 GUARD AGAINST COMPUTER ARUSES JP Dr Wong is one of the world's leading figures in the field of computer security. His involvement with computers goes as far back as 1962 when he first came into contact with computers in numerical analysis work while doing his doctorate in Physics in Manchester.517 words
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Page 8 Miscellaneous
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Miscellaneous668 1985-10-10 8 CRYPTIC PUZZLE ACROSS 1 Piece of rude pottery? (6) 7 Veteran with an hourglass? (3, 5) 8 Story of a gas explosion? (4) 10 Inventive criminal (6) 11 Possibly stable pieces of furniture (6) 14 One sees him in silence (3) 16 Not compass points, but messages (5) 17 What668 words
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SPORTS
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179 1985-10-10 9 Reuter MARTINA NAVRATILOVA said on Tuesday that press reports quoting her as saying she would take a seven-week layoff from tournament tennis were the result of a misunderstanding at a recent press conference. A Women's Tennis Association (WTA) spokeswoman said: "Martina told meReuter - 179 words
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Article, Illustration224 1985-10-10 9 AFP THE SECRET of Boris Becker's tennis success was revealed by the Bild newspaper on Tuesday. It's his big heart. The German press is hynotised by Becker who led his country to the Davis Cup final for the first time in 15 years overAFP - 224 words
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469 1985-10-10 9 UPI TIGERS FEVER is sweeping Japan as the Hanshin Tigers pro baseball club moves closer towards its first championship in 21 years and a department store owned by the club has said sales of souvenirs are booming. Thousands of fans, wearing theUPI - 469 words
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204 1985-10-10 9 AFP JAPAN has thrown six newcomers in at the deep end for the opening match of its six-match Rugby Union tour of France yesterday. Both centres, outside-half Eiji Kutsuki, one of its locks and two of the backAFP - 204 words
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Article, Illustration562 1985-10-10 9 WALTON MORAIS - Singapore Tobacco's surprise decision By WALTON MORAIS THE Singapore Tobacco Company pulled a pleasant surprise for Poh Eing Chong and Lim Swee Wah yesterday by selecting both golfers for the Benson and Hedges Spanish Open golf championship from Oct 24 to 27. Although the sponsors initially562 words
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299 1985-10-10 9 Reuter THE SRI LANKAN cricket team, which arrived in Karachi on Monday night, will play the third and last test of its Pakistan tour at Karachi instead of Hyderabad. Nusrat Azim, the coordinator of the Board of Control for Cricket in Pakistan, saidReuter - 299 words
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192 1985-10-10 9 AP THE NEW executive board of the Indonesian Badminton Association is seeking a hefty US$2 million annual budget to back up its pledge to recover the country's lost supremacy in that sport, the association said yesterday. The proposed budget is about four times larger thanAP - 192 words
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Page 9 Advertisements
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Advertisement115 1985-10-10 9 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way" every Tuesday in BT BT is not all hard core business and financial news. We take "Time-Off and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure115 words
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Page 9 Miscellaneous
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Miscellaneous1184 1985-10-10 9 THURSDAY FEATURE SPECIAL Roman Holiday 10.10 pm, Channel 5 Audrey Hepburn stars in this delightful fairytale story about a lonely princess who finds love. The Belgian-bom beauty picked up an Academy Award for Best Actress for her role in this classic comedy-romance. Gregory Peck provides some fine complement as a1,184 words
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INTERNATIONAL STOCKS
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235 1985-10-10 10 Reuter MERRILL LYNCH Capital Markets will attempt to block the latest bid by British conglomerate Hanson Trust to take over a giant US paint and typewriter corporation. Wall Street sources on Tuesday said Merrill Lynch was planning to buy two SCM businessesReuter - 235 words
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147 1985-10-10 10 FT REUTERS has launched a new bond dealing service similar to its money dealing service. The system has been test marketed for 10 months and now has 105 subscribers. It allows dealers to communicate with each other through Reuters screens, by typing in messagesFT - 147 words
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Article80 1985-10-10 10 Reuter ELDERS IXL Ltd still hopes to form a consortium by Oct 17 to bid for Allied-Lyons PLC, in spite of Imperial Group PLC's decision not to join a consortium bid. Elders's group director for strategy, Andrew Cummins, said on Tuesday that Imperial's decision "obviously makesReuter - 80 words
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325 1985-10-10 10 Reuter SHARE PRICES closed mixed on Tuesday in a dull trading session as analysts predicted Wall Street may be in for a lengthy downward slide. The Dow Jones Industrial Average gained 1.12 points to 1325.49. The New York Stock Exchange Composite Index dippedReuter - 325 words
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Article137 1985-10-10 10 OCT M Atoto C$ 20* unch Hud Boy Mn Imp Oil Ineo 6* 50* 15* Akan Algoma 33* 18* kit l»t» 15* unch Argocn HkJgs Bank Mont Bonk Novo Scotn 29* 12* LoMow B Motuy F«rg Mc Bkxtt 20* 3* IS inch -K BH Conodo BP Can Ltd Br137 words
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Article187 1985-10-10 10 OCT 08 Rend Unaec WooK»orlh 580 1400 30 25 INOUSTtULS MININGS A AUn 850 3250 25 1605 *****6 uvti AE And O 780 10 1435 -5 450 BuHah 7300 100 AMt 9f»7«> 770 1105 -5 Com Gold I800S ***** ***** CNA 255S •77*i 410 -5 5025 9800S E R187 words
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Article647 1985-10-10 10 OCT (W us» Aicon AJumn Alcoa Aletfieny Lud Afced Own Co AM Stores Albs-Chalmers Am Brands he Am Broadcast Am Can Co Am Cyanarrad Am Elec Pwr Am Express Am Horn® Prod Am Motors Cp Am Natural Gos Am Tel Tel Amox Inc •> Amerodo Hess AMf he647 words
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Article923 1985-10-10 10 Amsterdam OCT Oi Fk AflN 482 00 -I 5 A*fW M 70 +298 AhoM 249 00 -2 5 AM* 116 10 -I I AMCV 270 00 2 5 AmK» A/rao 9or* 82 90 +0 1 3800 +05 fe* P—Q ***** -7 Bortofe Bui Tat 97 50 3 5923 words
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Page 10 Advertisements
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Advertisement504 1985-10-10 10 11 m s 9& inf> k i Specialized in: HONG KONG DIAN XIN CANTONESE CGISINE Business Hours: 1100 am 2.30pm (Sundays Public Holidays: B.ooam 2.30pm) Dinner: 7.00pm 10.30pm St president merlin hotel V 181, Kitchener Road, f* Singapore 0820. Td: *****22. mrm m tr> A t. i n Fun n504 words
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Advertisement135 1985-10-10 10 Tye Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet. Body M Soul from the Philippines. They'll captivate you! Happy Hours: spm 7pm, 50% off all drinks (pouring brands) CROWTI ®PWNCE HOTEL Continuing mr frmct135 words
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ASIAN STOCKS
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Article329 1985-10-10 11 HONGKONG: Share prices closed easier yesterday but off their lows in fairly quiet trading as selling continued. Brokers said profit-taking continued amid eroding enthusiasm for the Hutchison-HK Electric bid for International City. The Hang Seng Index fell by 18.54 to 1587.99. Turnover for the half-day trading was HK5181.72 million329 words
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Article239 1985-10-10 11 OCT 09 Al SfKtre Indus A mo Cement Cathay Cons Chang Hwa Bank Chen Loong Chm Hsn Cement Chno Chem Qwto Dev Chna Elect W*e Clwa Golf Plos NT 2 83 1890 23 40 4470 1620 2170 1580 18 70 1065 24 30 -0 02 unch unch unch -0239 words
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Article307 1985-10-10 11 TOKYO: Shares rose in moderate trading led by internationally popular electronics and precision instruments. The market average ended higher, up 21.99 to *****.20, after gaining 43.21 on Tuesday. Turnover increased to 430 million shares. The broader-based Stock Exchange Index gained 4.27 to 1033.33. The second section firmed on a307 words
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Article96 1985-10-10 11 MANILA: Prices yesterday closed generally firmer in quiet trading. The Commercial and Industrial Index rose by 1.90 to 169.49, the mining marker firmed 1.16 to 678.96 and the oils was steady at 0.779. OCT 09 Oriental B 0014 -0 001 Phrfex B 0 1350 -0 005 Acoic Mining Ptcop96 words
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Article378 1985-10-10 11 SYDNEY: Australian share markets surged to their fourth consecutive record on the back of continuing solid support for the industrial sector and resource stocks, particularly oil and gas. Investors responded to the lack of news by buying rather than selling. A number of special sales also helped create interest378 words
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Article167 1985-10-10 11 BANGKOK: Stocks lost more ground in quiet trading as investors continued to stay away following last month's abortive military coup. The market also responded to this week's increases in local interbank lending rates. The Book Club Index lost 0.6 to 130.61. Losers led gainers by 14 to three, with167 words
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98 1985-10-10 11 Reuter BROKEN HILL Pty Co Ltd (BHP) will sponsor its American Depositary Receipts (ADRs) from now on as part of a commitment to widen and deepen its shareholder base. The general manager for corporate affairs, David Adam, yesterday said Morgan Guaranty Trust Co hadReuter - 98 words
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Article29 1985-10-10 11 Reuter CONSOLIDATED Rutile Ltd has signed a minimum five-year contract to supply 35,000 to 45,000 tonnes of rutile a year to SCM Corp from January next year.Reuter - 29 words
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Article, Illustration214 1985-10-10 11 Payment for crashed Boeing AFP A SYNDICATE of 22 Japanese insurance companies has paid about US$4O million to Japan Air Lines (JAL) to cover the loss of a jumbo jet which crashed on Aug 12 in the world's worst singleplane disaster. All but fourAFP - 214 words
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72 1985-10-10 11 AFP JAPAN'S Kawasaki Heavy Industries Ltd has exported to the Soviet Union 12 vibrating machines for the production of industrial ceramics. The machines, priced at 200 million yen (about U*****,000) free on board (FOB), turn alumina ceramics into powder as material for ceramic capacitators,AFP - 72 words
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Article60 1985-10-10 11 Reuter THE OUTSTANDING balance of margin buying positions on the Tokyo, Osaka and Nagoya stock exchanges rose for the first time in 13 weeks, by 4.4 billion yen to 2,527 billion at the end of last week. The Tokyo Stock Exchange said the outstanding balanceReuter - 60 words
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331 1985-10-10 11 FT INDIA is on the brink of placing orders worth between £220 million and £250 million with the UK for Westlands helicopters and Sea Harriers jump jets after negotiations lasting nearly two years. Mr Rajiv Gandhi, the Indian Prime Minister,FT - 331 words
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Page 11 Advertisements
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Advertisement541 1985-10-10 11 `._"<+|+,,>`?@})]\}:{[,-=|?.:_" Harbour Urill 4 «a f Vi* c 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. WbTON WTtsRNADONAI) Be in vogue Libre uv Very exclusive. Very different. Very541 words
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Advertisement146 1985-10-10 11 At COFFEE GARDEN... 24-HO HONG KONG DIAN XIN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. m m m 'Available from llam 3pm 4 6pm llpm Set Breakfast Specials of Porridge 4 Dian Xin available 19 Cairnhill Cirde 19 Cairnhill Cirde fo*,146 words
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RAW MATERIALS
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438 1985-10-10 12 AP THE US government's US$2 billion programme to rescue sagging US farm exports may instead have damaged overseas sales because it has angered America's best customers, grain industry spokesmen told Congress on Tuesday. "Why do we persist in being our own worst enemy?"AP - 438 words
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110 1985-10-10 12 Reuter A HEAVY CANADIAN snowstorm trapping about half of the spring wheat crop in the fields triggered rumours on US grain trading floors that Canada would cut off exports of higher grades of wheat, sending prices sharply higher. A CanadianReuter - 110 words
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Article153 1985-10-10 12 Chinese Produce Robusta 20/25% FOB NSW 440 00 Exchange (Sellers' noon clou no prices on Nutmeg 471 00 Oct 9 (SS/100 kg). H0 FOB NSW E&W FOB NSW 338 00 Coconut oil Bulk FOB 7500 Gombier OkJ drum FOB 88 00 FOB NSW 330 00 New drum FOB153 words
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Article157 1985-10-10 12 WHEAT FUTURES on Tuesday rallied sharply late on rumours of a cutoff in Canadian wheat exports, traders said. At the close, prices were up 9Vi to 2Vt US cents a bushel. Some analysts noted there were still many wheat exporting nations that were undercutting US wheat prices, and world157 words
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347 1985-10-10 12 AP THE UNITED STATES began new steel trade talks with the European Economic Community on Tuesday, hoping for a Inroad agreement that would give US producers relief from imports. It was the third round of negotiations with the 10-nation EEC in theAP - 347 words
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Article165 1985-10-10 12 SINGAPORE THE MARKET yesterday closed quietly firmer with November One RSS buyers quoted at 163.75 cents per kilo, up 1.25 cents from Tuesday. MALAYSIA Late-covering saw the market close unchanged at Tuesday's level of 184.50 cents per kilo for Nov Int One RSS buyers. Trading was quiet. Physical noted165 words
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Article294 1985-10-10 12 Singapore C-1 Ord unq (S$/k4o, ei-godown) Loonzain Rice Frogront new crop 100% 1st grade unq 1st 0 76 100% 2nd grade 215 2nd 054 100% 3rd grade unq 3rd New Crop 25% 10% 0 52 no stock no stock Parboiled Rice 5% 10% 215 210 Thai Broken Maize unq294 words
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Article659 1985-10-10 12 COFFEE ROBUSTA FUTURES yesterday reversed direction around mid morning, with initial average £10 gains turning into £9 to £7 losses by the midday recess. Early steadiness was influenced by a higher New York close, before sterling's slight advances against the dollar prompted a retreat, with routine profit-taking extending659 words
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Article143 1985-10-10 12 SOYBEAN FUTURES on Tuesday ended mostly higher on the Chicago Board of Trade, up as much as 3'/« US cents a bushel in March. Distant November eased Vi cent. The recovery from Tuesday's new contract low in November followed the sudden arrival of harvest-delaying rains in midwestern soy growing143 words
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Article95 1985-10-10 12 CONTINUED itmg sappari from the kifler stock amger (B8M) ifkrtiT mw ike loala LunpvTli Market eteee eight eeata higher it W»M per klle. Taraever fell te 111 tMM trem IN ea Taee4ay wttk tke BBM tattag the halk ef the efferlag. There wu seme scattered Jipaaeae Mi heal95 words
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Article153 1985-10-10 12 Yarn (In HK$ per bolt of 400 H>) China carded yarn, cones Blue Phoenix I6's 2,500 Blue Phoenix 20's 2,550 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Carded yarn, hank Bh>e Phoenix 21's 2,750 Combed yorn, cones Blue Phoenix 32's 4,100 Blue Phoenix 40's 4,300 Open-end yarn Blue153 words
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Article326 1985-10-10 12 RAS prices in S cents/kg, FOS in k< sles NOON CLOSE Buyers Buyers Sellers Int 1 RSS Prompt ***** I62 00N 161 25 162 25N Int 1 RSS Nov 85 163 50 164 00 163 75 164 00 Int 1 RSS Dec 85 164 00 164 50326 words
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Article108 1985-10-10 12 (c«4its/kg, l-to« polWtt) gj DEC 85 (current month) (forward month) NOON NOON RAS Buyers Sclltri luytrt 5iH>n SSR 20 147 00 149 OON 148 00 150 00N SSR 50 145 00 147 OON 146 00 148 OON MRELB Bvf*rs Sttttn lnyirs S«#»fi SMR CV 204 00 206108 words
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Article106 1985-10-10 12 MALAYSIAN crude palm oil prices yesterday closed slightly lower on late selling following lower levels offered to Pakistan at its RBD palm oil tender for last half Nov shipment. Prices earlier firmed slightly on covering interest. The refined palm oil market was quiet, with Dec RBD olein down106 words
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Page 12 Advertisements
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Advertisement254 1985-10-10 12 NOTICES COMPANIES ACT, CAP ltt AND AJET ENTERPRISES PTE LID At an Extraordinary General Meeting of the Company duly convened and held at 1 Colombo Court #04-06 Singapore 0617 on the 7th October 1965, the following Special Resolution was duly passed. RESOLVED that the Company be wound up voluntarily pursuant254 words
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Advertisement252 1985-10-10 12 i ¥i' THE COMPANIES ACT, (CHAPTER IK) AND r v i «ij LEONO TECS CONSTRICTION PTE LTD. (IN VOLUNTARY UQI IDATION At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 50 Jalan Sultan #21-04 Jalan Sultan Centre, Singapore 0719 on Monday 7th252 words
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Advertisement300 1985-10-10 12 THE COMPANIES ACT, CAP. 1U PTE. LTD. (la LifitoH—) NOTICE IS HEREBY GIVEN that the creditors ol the abovenamed Companj which Is being voluntarllj wound up are required or or before the 15th day ol November, 1965 to send lr their names and addresses with particulars of theii debts and300 words
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Advertisement275 1985-10-10 12 IKllThi f\v ¥1. THE COMPANIES ACT, CAP. 11l AND f Vhi>'l L PRIME SHIPPING CO. PTE. LID. (IN VOLUNTARY LMHJIDATiaM) i(EMBERS' VOLUNTABY At an Extraordinary General Meeting of the Company duly convened and held at 1 Danmarksgade, 7430 Ikast, Denmark, on the 30th day of September 1985, the special resolution275 words
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SHARE INFORMATION
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Article, Illustration4293 1985-10-10 13 A SURGE of strong buying interest during the afternoon session pushed share prices higher on the Singapore stock market yesterday. As usual, it was the speculative Malaysian industrial issues which provided the lead; banks held quietly steady while most other blue-chip and Singa-pore-based stocks4,293 words
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Article281 1985-10-10 13 SINGAPORE Rises Indices Oct 8 Oct 9 lata Lmtong 690 65 BT Comport* 658 75 ***** 1 M Textile* 356 24 BT Indicator *****18 *****10 DwH Dev 635 20 BT OB/OS 192 163 TDM 456 16 CADI 5250 5211 labial 376 16 OBV ***** -***** 193 16281 words
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Article4794 1985-10-10 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".4,794 words
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COMPANY NEWS
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Article, Illustration881 1985-10-10 14 CHAN OI CHEE - Turbulent seas expected ahead By CHAN OI CHEE THE MID-YEAR results reporting season is over. But for the majority of companies, their problems have not ended. The avalanche of poor results may just be the harbinger of worse to come. "For sure, things are going881 words
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277 1985-10-10 14 Reuter THE ADELAIDE Steamship Co Ltd (Adsteam) and the Bell Group Ltd hold 139.39 million shares in the Broken Hill Pty Co Ltd (BHP), equal to 13.5 per cent of BHP's issued capital. But Adsteam's notice to the Melbourne Stock Exchange shows thatReuter - 277 words
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Article107 1985-10-10 14 HONGKONG Tuesday 1477.5 Hang Seng Index Week ago 1477.8 Wednesday 1587.99 Tuesday 1606.53 Week ago 1553.13 NEW YORK Dow Jones T uesday 1325.49 TOKYO Monday 1324.37 Tokyo Nikkei Week ago 1340.95 Wednesday ***** 20 Tuesday ***** 21 Standard Poors Week a go ***** 50 Tuesday 181.87 Monday 181.87107 words
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Article285 1985-10-10 14 Managers' prices for Oct 10 Singapore Unit Trust The Commerce I 82 1 93 The Savings Fund 1.33 I 41 S'pore Fund 0 78 *0 83 S'pore Sec Fund 1 14 1 21 S'pore Invest Fund 0 78 0 83 S'pore Equity Fund 0 81 0 86 Asia285 words
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563 1985-10-10 14 THE KUALA LUMPUR stock market closed on a slightly steadier note yesterday in selectively active trading. Special situation issues in the industrial and finance sectors continued to hog the limelight, with a number of them posting double-digit gains. Turnover improved slightly to 24.54 million563 words
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Article3579 1985-10-10 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. NXJS TRIALS A Choc (3 18S) (7) 3 04 (10)3,579 words
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228 1985-10-10 14 TUNKU AHMAD YAHAYA, the group chief executive of Sime Darby Bhd, commenting on the lack of market interest in Sime's shares, said: "A lot of people get fed-up with Sime's performance on the stock market. "But Sime's market performance is no indication of the group's228 words
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Page 14 Advertisements
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Advertisement281 1985-10-10 14 HE ASIA* WALL STREET JOtHNAi. Whats News J fee* PMKppiae Peso Shows Curious Strrnelli M a. «> i» Vw f urrrar* M Xiv> !<#>•<•<>< ;A» t>■,(*> 4kMn***««4f <•**** W<WK*f.# t L ,m >i;i T Succcssful executives who want to get ahead in business, start by keeping up with I he281 words
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OVERSEAS
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387 1985-10-10 15 HOMER CHEN - By HOMER CHEN MR PETER THAM, the former stockbroker with Associated Asian Securities (AAS) who has been retreating from the local corporate scene, is being sued for $4-26 million by a small, little known company. Mr Tham resigned as a director of AAS and387 words
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Article, Illustration216 1985-10-10 15 CHAN OI CHEE - By CHAN OI CHEE MR THAM YENG FAI, the executive director of Pan-Elec-tric's Selco operations, tendered his resignation from the board last week. He is currently on leave. The 42-year-old Mr Tham ceased to be the managing director of Pan-El following216 words
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262 1985-10-10 15 THE STOCK EXCHANGE of Singapore is looking into Pahang Investments's failure to file annual figures for 1984. Under SES rules, a company must file a preliminary financial statement on a consolidated basis not later than three months after the end of the financial year262 words
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132 1985-10-10 15 MALAYSIAN American Assurance Company Bhd (MAA), which recently came under the control of the Melewar group, has reported a 13 per cent increase in gross premium to Ms6.l million for the six months ended June 30,1965. Gross premium from life insurance operations rose132 words
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Article575 1985-10-10 15 LAST FULL YEAR Company Period Date Year Net EPS Gross Net onnounced ending (cents) div profit last year ($■000) Pohang Inv Final Jan 31 Dec 84 9.352L Minebeo Interim Jul II Sep 85 12 5 190 3.070(d) Mulpha Intl Interim Aug 24 Dec 85 30 738L S J575 words
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Article, Illustration456 1985-10-10 15 NAJEEB JARHOM - Stake reduced from 47.3 pc to 18.3 pc By NAJEEB JARHOM MALAYSIAN businessman and politician Tan Koon Swan has come out with another of his puzzling share shuffles. This time, Supreme Corp has decided to downgrade the status of former subsidiary Everpeace456 words
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Article185 1985-10-10 15 SPK-SENTOSA Corporation Bbd yesterday announced the resignation of Raja Tan Sri Dato Hj Khalid with effect from Oct 8. Replacing him will be Dato Abdullah Ahmad who was appointed as the director and chairman on the same date. THE Stock Exchange of Singapore has queried CerebM Pacific Ltd185 words
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919 1985-10-10 15 IT IS NOW nearly two months since a new settlement trading was introduced on the Kuala Lumpur Stock Exchange. Contrary to market expectations, it has not been a runaway success. Commonly referred to as the delayed-one-month trading system, the idea has919 words
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Article989 1985-10-10 15 EQUITIES closed mixed after a quiet session yesterday with attention centred mainly on special situations. At 3.30pm, the FTSE 100 Index was up 4.2 points at 1,307.5. Hanson Trust was 4p lower at 206 after the UK government cleared its proposed acquisition of SC M Corp of the989 words
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Page 15 Advertisements
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Advertisement113 1985-10-10 15 Practice ftr Health and Relaxation Qi-Gont For Health and Movinf Mediation tv> Monday 7.00 pm to 8.00 pm Saturday 2.30 pm to 3.30 pm SeM-Heip Acupressure Course .4 Ful Course commencing in October 1985 Tuesday Thursday 6 pm For more details, please contact: Chinese Nature Tratfitional Chinese Cure Institute Acupuncture113 words
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Advertisement0 1985-10-10 15 ,=`")+~^]^*&><!{!^\,"_"^>!&'!?,0 words
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Advertisement64 1985-10-10 15 THE NATION'S NEWSPAPER TODAY The USA's General-Interest Daily Newspaper NOW ON SALE IN ASIA! f*Tr^ Highest-quality newspaper color and graphics. Five pages of sports. News from every U.S. state. World weather map in color. Buy It at major newsstands For home delivery information call or write: Singapore Newspaper Services Circulation64 words
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280 1985-10-10 16 UPI THE PALESTINIANS who hijacked an Italian luxury liner agreed yesterday to free the 420 hostages and surrender to Egyptian authorities. A spokesman for the Palestine Liberation Organisation in Tunisia said the successful conclusion to negotiations resulted from "close cooperationUPI - 280 words
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Article92 1985-10-10 16 AP THE US DOLLAR, rebounding after a more than 30-yen drop, rose against the Japanese yen yesterday for a third consecutive day on the Tokyo foreign exchange market, closing at 217.00 yen, up 1.25 yen from Tuesday's close of 215.75 yen. Traders saidAP - 92 words
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Article533 1985-10-10 16 MONICA GWEE - Jobs took longer to find, starting pay lower says survey By MONICA GWEE LAST YEAR'S GRADUATES had to be less fussy about jobs and settled for less than the ideal compared with the class of '83. Job seeking was toughest and longest for general533 words
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Article, Illustration513 1985-10-10 16 MANO SABNANI - By MANO SABNANI in Washington DC A SCHEME which would mean a free flow of trade between Asean and the US was discussed yesterday by Prime Minister Lee Kuan Yew and President Reagan. The subject came up during the wide-ranging talks held in the White House513 words
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Article167 1985-10-10 16 ASEAN's handling of the Cambodian problem, and the non-communist resistance to the Vietnamese occupation, have been given strong support by President Reagan. In his meeting with PM Lee, he made it clear that while the US was going to pursue every reasonable effort to get an167 words
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377 1985-10-10 16 AN AUSTRALIAN government proposal to subject all overseas Australian operations to full corporate tax rates is threatening to wipe out the tax benefits enjoyed by such companies in Singapore, possibly souring relations between the two countries. These concerns were expressed by the377 words
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117 1985-10-10 16 AFP FORMER British Conservative Party chairman Cecil Parkinson nearly lost two briefcases containing official documents as he was visiting his mistress. Sara Keays, the Daily Mirror said yesterday. The paper, which is publishing extracts from Miss Keays's book "A Question of Judgment", said MrAFP - 117 words
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141 1985-10-10 16 AFP A MALAYSIAN Member of Parliament has accused Saudi Arabian officials of treating Asian pilgrims to the Islamic holy land like "animals" and urged the government in Kuala Lumpur to take it up with Riyadh. Mamat Ghazalee Abdul Rahman, an MP from Trengganu whoAFP - 141 words
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Article70 1985-10-10 16 Reuter COMEX GOLD FUTURES jumped to their highs for the week yesterday, propelled by active short covering on reports of Swiss buying on overseas markets and a weak dollar. Spot gold rose US$2.9O at $327.70 an ounce. The leading December delivery added $3.10 at $331.70. SilverReuter - 70 words
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Article77 1985-10-10 16 THE NEW YORK stock market yesterday turned mixed in early trading with more stocks advancing than declining. The Dow Jones industrial average was off a fraction to 1325. But broader indicators pointed higher and gainers led losers by a three-two margin on turnover of 7.27 million shares.77 words
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LATE FILE
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Article38 1985-10-10 16 Reuter JAPAN yesterday said it would ban the export of computers to South Africa's armed forces and police and urge importers to stop buying krugerrands as part of economic sanctions in protest against apartheid.Reuter - 38 words
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Article43 1985-10-10 16 UPI JAPANESE Foreign Minister Shintaro Abe said yesterday that Tokyo was opposed to Moscow's call for an Asian security conference. He said that Japan's defence policy in Asia was based on a strong military alliance with the US. UPIUPI - 43 words
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Article32 1985-10-10 16 UPI THIRTEEN Filipino soldiers and militiamen have been suspended and disarmed pending results of an inquiry into the slayings of 21 antigovernment demonstrators, said the Philippine News Agency yesterday. UPIUPI - 32 words
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42 1985-10-10 16 Bernama DATUK Seri Dr Mahathir Mohamad, who made a oneday visit to Indonesia on Tuesday to view the production of aircraft in Bandung, said yesterday that small aircraft and helicopters produced there were of high quality. Be mamaBernama - 42 words
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Article39 1985-10-10 16 UPI CHINA yesterday dismissed as "groundless" an Amnesty International report decrying widespread executions and blatant human rights violations. Chinese Foreign Ministry spokesman Ma Yuzhen said Amnesty was wrongly applying western legal norms to China. UPIUPI - 39 words
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Article31 1985-10-10 16 AP TAIWAN'» trade surplus for September widened to US$l,O6B billion, up from $818 million in September 1984, said the General-Directorate of Budget, Accounting and Statistics yesterday. APAP - 31 words
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Page 16 Advertisements
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Advertisement43 1985-10-10 16 Leader, Page 8 7out ofio chief executives from the world's largest corporations are also the world's shrewdest decision makers. IHertzi The business decision with a lot more mileage. 280 Kampong Arang Rd: 447 3388; Tanglin Shaping Centre #01-20: *****46; Chan# Airport: 545 818143 words
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Advertisement461 1985-10-10 16 International Marketing Planning Singapore, December 9 11,1985 Objectives Participants will learn to Key Topics Equate risks abroad The International Develop practical approaches to governmental Component., and regulations and barriers r pi Meet competition abroad more effechvely Markt Plan the entire marketing mix for target segments in oj. n uman AsDe<461 words
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Page 16 Miscellaneous
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Miscellaneous53 1985-10-10 16 Outlook for today: Showers in scverol areas in the morning. Report for 24 hours prior to 7 30pm on Oct 9 at the oirport: Maximum temperature 27.0 Associated humidity 84 Minimum temperature 23.0 Associated humidity 93 Hours of sunshine 0.00 Rainfall in millimetres 8.6 Roinfall this month 60.6 Rainy days53 words
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SHIPPING TIMES
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Article, Illustration380 1985-10-10 17 JUNE LIM - By JUNE LIM THE JASARINA has hit the rocks, less than a year after it launched the first passenger ferry service between Singapore and Malacca. The 250-seater catamaran has been put up for sale after it was seized by the vessel's mortgagee, PK Christiania380 words
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258 1985-10-10 17 NYT CHINA PLANS to build more than 200 berths in the next five years in an attempt to overcome a chronic shortage of port facilities, seriously hindering the country's export drive and delaying essential imports. The Chinese Vice-Minis-ter of Communications,NYT - 258 words
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176 1985-10-10 17 Kingsley Wood - By Kingsley Wood THE AUSTRALIAN Shippers' Council is to become involved in the policy aspects of international airfreight but rates will remain a commercial matter for airlines. ASC has decided to monitor the airfreight industry in view of the increasing share of overseas cargo now176 words
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PORTSIDES
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Article88 1985-10-10 17 THE FAR EASTERN Freight Conference said the currency adjustment factor (CAF) for Japan will be changed to 24.50 per cent from 19.5 per cent with effect from Oct 12. On Oct 10, the Far East/Somalia Freight Agreement will raise its CAF to 11.5 per cent from 5.588 words
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Article66 1985-10-10 17 Reuter THE 16,000-TON West German container vessel, Jolly Indaco, has been hit by a missile in the Mid-East Gulf 160 kms off the Iranian coast, Lloyds Shipping Intelligence has reported. The ship, on a voyage between Yemen and Kuwait, said in its initial "Mayday" messageReuter - 66 words
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Article69 1985-10-10 17 Reuter CARGO HANDLING at India's eastern Port of Paradip has been paralysed since Oct 3 because of a dock workers' strike, the Press Trust of India (PTI) news agency said. At least six ships were waiting outside the harbour for berths, PTI said, adding that theReuter - 69 words
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Article, Illustration357 1985-10-10 18 REGIONAL Container Lines's newest and largest feeder vessel, Piya Bhum arrived in Singapore from Busan on its maiden voyage on Sept 11. Constructed at the Korea Shipbuilding and Engineering, it boasts a capacity of 1,008 TEUS and has a service of 16 knots. RCL's bold357 words
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Article979 1985-10-10 18 ANGOLA Sapt 24 Luanda 5-6 days. 11 vessels berthed, 3 anchored. Lobito No delays. 7 vessels berthed. ARGENTINA Sapt 24 Buenos Aires No delays. 31 vessels berthed. Rosario 3-4 days. 6 vessels berthed. San Lorenzo 3-4 days. 2 vessels berthed, 3 vessels anchored. San Nicolas 2-3 days. 6979 words
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Article701 1985-10-10 18 AB Shpg V 5 Atea Line VI 3 Alphatrans X 3 APC Line V 4 APL III 2/3 Anro Service IV 3/4 ANL 1 1 ASCL III 1 Bait-Canada Line VII 4/5 Bait-Orient Line vn 4/5 Bank Line V 5 BBS i 4/5 Bayswoter Shpg X 3701 words
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Article1326 1985-10-10 18 ALL sectors of the freight market on Tuesday were very quiet with erstwhile active US Gulf export trades now subdued and little discernible change seen in the established overall rate pattern, brokers said. But a cargo of wheat was booked from Great Lakes completing St Lawrence to Algeria1,326 words
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182 1985-10-10 19 LYKES BROS Steamship has announced the following appointments in Lykes Lines Agency, a wholly-owned subsidiary of the company. Mr Michaol McCarty has been appointed general manager Hongkong and Taiwan. Formerly the manager conferences and pricing in Tokyo, he will be based in Taipei. Mr182 words
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582 1985-10-10 19 Lloyd's List CONFLICT IS looming in the Europe Far East liner market with the trade facing its worst rates war early next year unless an accomodation is struck between the conference and major outsiders. Executives involved in this, the world's third biggest linerLloyd's List - 582 words
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Article246 1985-10-10 19 Seatrade Week REPORTS FROM Japan suggest that the private side of the Tung Group has temporarily stopped paying principal and interest on loans concluded with the group, pending a major financial restructuring on the private side being mapped out by adviser Shearson, Lehman Brothers. However, payments forSeatrade Week - 246 words
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109 1985-10-10 19 Reuter INDIA IS considering an offer from Hyundai Corporation of South Korea to develop the eastern Port of Paradip, Indian Shipping Ministry sources said. They said Hyundai's offer stipulates the development costs of US$ll5 million are to be repaid through the export to SouthReuter - 109 words
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Article190 1985-10-10 19 THE MAJOR shipping consortia operating between the Far East European, Far East Persian Gulf, Straits ports Australia. Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.190 words
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95 1985-10-10 19 Bernama PULAU LANGKAWI has been chosen as the stopover in Malaysia for the American ship, Royal Viking Star which is carrying some 2,000 passengers on a world cruise. The Kedah Permanent Tourism Committee chairman Haji Ha naff i Ramli said the American tourists,Bernama - 95 words
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6375 1985-10-10 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.6,375 words
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Article668 1985-10-10 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Fenhe 26E 10 1085 2300 Yick Fung F1 1400-1500 U1 B Kemuning 42N 10.10.85 2300 S'pore Shpg F1 1400-1500 N1 Or Diplomat 23 11.10 85668 words
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Article1630 1985-10-10 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 ShippmgAgencies (S) Mult<>ort Sdr- Bhd (PK) American1,630 words
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Article650 1985-10-10 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Daxmg K35 Y Fung alongside 10 10.85/0600 Hugheverett K29 Everett alongside 10.10 85/2300 Itaimbe K33 P Simons alongside 10.10.85/1800 Kodama K30 Samta alongside 10 10 85/0500 Ned Manila K12 Ned-EAC alongside 10.10 85/0600 Pogo K10 Boustead alongside650 words
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Page 17 Advertisements
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Advertisement948 1985-10-10 17 Monthly from Pitman Available at all good bookshops and newsagents iff Times 111 y Distributors Agents: JMOME SMPTMC AGENCfS (Ret 242H4/00K) 70 Stwnlon Wa» #04 03 Marina Houv Saiawxt 0207 Id *****11 !«ta NO K ***** CfS OfflCf IPC #***** T«K *****31 7770J3J Term** OWict TPC #03 030 TO *****90/*****93/*****01948 words
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Advertisement69 1985-10-10 17 mm REGIONAL Container Lines's newest and largest feeder vessel, Piya Bhum arrived in Singapore from Busan on its maiden voyage. Page II CONFLICT IS looming in the Europe/For East liner market with the trade facing its worst rates war early next year. Page 111 Index to advertisers II Weather Map69 words
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Advertisement1248 1985-10-10 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent i times ahead. forewarned will be forearmed $22.00. TIMES THE BOOKSHOP MAERSK LINE idling P#nang Singapore Closing 1""« CT 14/10 1500 MRS CFS 13 10 7300 HRS INGAPORE/LONG BEACH WE DO1,248 words
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Page 18 Advertisements
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Advertisement427 1985-10-10 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Fe*d«r at Tokyo Pacific North Waat Feeder at Kobe Feeder Vti RIS ACE FAMRY ACE GIORY »C£ MARIA Mother VSI f arrow BEBHJ M. J. APOLLO TAMA SHIN M. Mother VSI HAKONE M HYUGA R M BROS 10* TO M427 words
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Advertisement283 1985-10-10 18 ■■MMg Supercarrier Service irrry mr' m N DOM BARBER TIMS Ni XT ARRIVALS N ROUEN IMO BARBtR PERSEUS 17/10 N ROSARtO 7/11. BARBER HECTOR 7/11 N ROCHESTER 76 11 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Vessel BARBER PfRSfUS TOURCOMG BARBER KCTOR BOOGABUL* Mm acccptng contrs la Houston283 words
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Page 19 Advertisements
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Advertisement761 1985-10-10 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTMNERSHIP SERVICE TO UK/CONTINENT Bceni t'dan 07/11 OS/11 11/11 12/11 21/11 22/11 26/11 27/11 04/12 05/12 14/12 15/12 21/12 22/12 27/12 21/12 05/1 06/1 14/1 15/1 COHTAHERSHP SERVICES761 words
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Advertisement916 1985-10-10 19 Franco Belgian Services F+r Ifli. P*r*-c 4v* rrv< u%4h ywm far £<isLrm «njj I (MEMBER OF ACE CONSORTIUM! FUH COWTAWP SERVtCE TO EUROPE mi cqntaihrshp service prom curort STORE P KELANGLe Harte R'dim FStow Ham 16 Oct (14 Oct) 4 Not 5 No. 7 Not 5 CKVAItR PAUL It Oct916 words
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Page 20 Advertisements
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Advertisement522 1985-10-10 20 IF Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandinavia, Med, Carribean &S. America Inland haulage to inland destinations in Europe Spore PKelangPenangleiioesßdbao Genoa Hburj Rdam Bhaven A werp Renee Rickmers 23/10 24/10 28/10 22/11 25/11 24/11Mai Rickmers »/ll 10/11 12/11 5/12- 17/12 1 J/12- 11/12 Bertram Rickmers 14/11 17/11 19/11522 words
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Advertisement464 1985-10-10 20 '=0= K.& LINE IJM,g S* %c .>#. fully containerised service TO EUROPE Vl* SUEZ Mtw+w ol t»« Att Comortw S pot P Ketanf Ittane dim F stoat H'bwj Antwerp 16 10 114/10) 4/11 5/11 Ml 811 12/11 23 10 (21/101 11/11 12/11 14/11 16/11 H/ll 30 10 (78/10) 18/11 19464 words
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Advertisement419 1985-10-10 20 f Hai Sun Hup Co (Pte) 1 TEL *****06 (20 Lines) TLX R*****1 Ltd R*****2 \m INTERMARITIME LTD~|I K Kiubjtu Tel: *****0 Jakarta T«fc $***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM Vprt n Rtu Dta Q CT M V LUCAYAN TRADER ¥65 Sid Sid SU In Pi 20/10419 words
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Advertisement718 1985-10-10 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) US WEST COAST SERVICE FEEDER VSL SGP MOTHER VSL Em govern 11/10 ever LWK EVER GLORY 11/10 EKR LAUREL EVER Of TED 21/10 EVER LYRIC EVER CLE MIT 3/11 EKR LOAOMC EVER GRAM) 11/11 EVER718 words
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Page 21 Advertisements
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Advertisement908 1985-10-10 21 v\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL VOYAGE HONGKONG SINGAPORE LOADING FOR: KOTA WANGSA E-569 13-14/10 16-22/10 DJIBOUTI, HODEIDAH, JEDDAH, PTSUDAN, AOABA KOTA SEJATI E-591 1-2/11 6-11/11 DJIBOUTI. ADEN. HODEIDAH. JEDDAH. AOUABA KOTA AGUNG E-593 12-13/11 17-21/11 HODEIDAH. JEDDAH, PT SUDAN. AOUABA908 words
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Advertisement813 1985-10-10 21 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAWER SERVICE FROM UK/CONTINENT BeniMer Sited Kitano Miru Sated Kiwfi Miru Sited City ol ((Hurt Sited Frankfurt Eiprets Sided Hunburj Eipresi 11/10 Owki by II 10 Bremen fiprns 26/10 Kivmu Miru 27/11 S HAVEN (DAM Sited Sited Sited Sited Sited Sited813 words
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Advertisement628 1985-10-10 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM SPORE CONTAINER SERVICE BUSAN YOKOHAMA KOBE KAOKSUNG HK I STOM MAIAPAMT IB H 11/10 14/10 18/10 20/10 22/10 27/10 GOWA *25 W 23/10 24/10 21/10 1/11 3/11 l l/U S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE BUSAN YOKOHAMA 11/10 14/10 23 10 2C/10628 words
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Advertisement655 1985-10-10 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STMt (Burmese National Line) Loadnf for Rangoon Spore P.KeUnc P In Port/10 Oct In Port/13 Oct 14/15 Oct 14/15 Oct *Pa|o W/10 h Port/10 Oct Myomaywa V9OK In Port/13 Oct Mawtamyainj V2BK 14/15 Oct Htoneywa V/205H 14/15 Oct Phashwegyawywa V259W 20/22 Oct BANK LINE655 words
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Page 22 Advertisements
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Advertisement1163 1985-10-10 22 a. LINE ISSS* KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEEDER VSI MOT*It VSI SPORE WIG PNG SPORE KOBE ASM SIM Ml TBN VSI 19 Oct 70 Oct 22 Oct 24 Oct I Not GUAVAQUR CAIIAO ARICA 25 Dec 2 I*l 6 l*i KWUE 7 Un AfAGASTA S ANTONO VALPARAISO I I*l1,163 words
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Advertisement302 1985-10-10 22 R.i„; it.'.i-iir. 1 Accepting LCL and containerised cargo** Diract to South Africa Richards S'pwe ftrtjn Bin Clown E Ldn kUputo Fib Acceotine Container On.'y 5* VMHliir 12/10. 25/10 21/10 21/10 ftDCLOTD COLOMBO 9219F 21/10 10/11 IS/il 13/11 OSAKA MAftU 9324F 9/11 22/11 2C/11 25/11 OSAMA MARtJ ***** HAYAKAWA MARU 9022G302 words
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Advertisement545 1985-10-10 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lojdtni tor 10S ANGIUS >AN (RANCISCO SIAIUI IACOMA VANCOUVIRBC Acieptirty fCI fCI Containers BHAVABHUTI BHARAIFNOU I Angek" 30 31 Oct Hon 30 31 No. H Dec AUSTRALIA EXPRESS CONTAINER SERVICE JAPAN SERVICE loa<tai( tor Kobe. Yokohama. Nafoya Osaka Mop Aho cats lam an545 words
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Advertisement558 1985-10-10 22 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD Kaanf Tunj Prowicul Bart BuMnf M Ckl Street SWA«*f 0104 TU *****90 (10 IMS) Id Kuala lianpu ***** P Keianf *****1 Pens* 3(5411 Paw Gudjnt A|«nt OMNI UOYD (M) SON BH) 111 Hi'O STRAITS/PERSIAN GULF SERVICE: Spore P KeiangPenanj GOLDEN WONDER CotomOo Harach.558 words
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Advertisement521 1985-10-10 22 i£ INTRASEA (PTE) LTD. 10 Anson Road »27 16 Internationa' Pia*a Singapore 0207 Tel *****1 1 (TO l<nesl <► BREAKBULK SERVICE TO EUROPE/UK S pore P. KefancLMdnc tarANANGEL LBERTY BMS9IS to Port 11/10 ROTT/ANT/U* (AVON) VAN CONQUEROR 88C5916 9/11 12/11 ESBJ/ROT/ANT/UJ (AVON) »|cnt> Snfaport MTRASCA <PTE) LTD BOOKMG *****11 lumpu521 words
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Page 23 Advertisements
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Advertisement576 1985-10-10 23 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a member of the ACE Consortium STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE A member of the Anro Consortium i TPA CONTAINER SERVICE TO/FROM NORTH AMERICA PACIFIC COAST ALSO ACCEPTING LCL CARGO TO LONG BEACH, OAKLAND, VANCOUVER SEATTLE I TO/FROM NORTH AMERICA ATLANTIC COAST576 words
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Advertisement599 1985-10-10 23 HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON NfPIUNt AGtNCKS PU I ID lfl 7/8997; 275V34 i Bookings i ???;SlO iOperations) ????4«; ??09?M I If.mmjlr ??0?4S0 ??0?S04 4CIS) M«. I»M» «i,INIS TI IN*S SHI A SDN BHP Kt tel *****0 *****4 PK IH599 words
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Advertisement731 1985-10-10 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Singapore 0104 Telephone Number? *****3 (15 Lines) Cable Address SMSOV SMGAPORE Tefci Numbers RS ***** RS ***** RS 2510S f KBJM6 POIANG M/S SHMKAT MM SOON BM. M. IST AND 2ND FLOOR. MESSRS NN THONG SWPMG 127 Penanc731 words
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Advertisement20 1985-10-10 23 SIM SWEE JOO SHIPPING SDN. BHD. EXPRESS TO BINTULU JAMBATAN MERAH SDN. BHD. P. Kelang: *****6/7 K.L. *****7/*****1 Penang *****1/*****520 words
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Page 24 Advertisements
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Advertisement696 1985-10-10 24 I?c<|i«nal Container Lint's 4 Sailings weekly Fast Reliable Regular Punctual Berthing P S.A. Mon, Tue, Thur. Sat mnl HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER, SP* CIAI ISt 0 HEAVY IKIfRS AVAII ABII KASM MARU S'pore 14/16 Oct Loadnc for: Bahrain VEB DEUTFRACHT/SEEREEDEREI ROSTQCf FORTNIGHTLY FULL CONTAINER SERVICE TO696 words
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Page 24 Miscellaneous
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Miscellaneous172 1985-10-10 24 Weather U 2* V> 0 M m N L -<k IS ft M VA fv •l*fi SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/ 1. Wind direction with speed in knots Wave height One half Heche represents 5 knots LEGEND: p Temperature c Thunderstorm Weather Wind direction172 words
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Page 25 Advertisements
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Advertisement149 1985-10-10 25 w MSC AGENCIES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSrtP SPORE *****8/*****6/*****8/*****3 *****1/4 TERMMAL 3883«l/2 *****/*****/*****/***** *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE kiiTirTTT—tTrnnrTyn ii'iir."-M mn r*n nm cw bum gif htm ttiti my >>■*[ i;i n ii w tnn mn— rm m my rniM m mn149 words
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Advertisement255 1985-10-10 25 Mfwr CmiA Un* LICORNE t-'/'iVij l l V Scan Dutch 9 To Europe (Med/UK/NC/Scan) B Butane 10/10 B Butang 17/10 B Butang 24/10 B Butang 31/10 B Butang 7/11 B Butang 14/11 B Butang 11/10 B Butang 18/10 B Butang 25/10 B Butang 1/11 B Butang 8/11 B Butang 15/11255 words
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Page 26 Advertisements
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Advertisement303 1985-10-10 26 WEC WEST EUROPEAN CONTAINER LINES WEEKLY FULL CONTAfO SERVICE VIA ROT TIM) AM TO: CANARY ISLANDS TENERIFE LAS PALMAS. FUNCHAL PORTUGAL LISBON. LEIXOES (LCL ACCEPTABLE) TEL: *****26/ *****58 WORLD LINE EXPRESS REGULAR SERVICE JAPAN/HONGKONG/STRAITS VESSELS SPORI P KCLAMG BU* SHARK Wl-119 Otl 13/15 Oct H/17 GOLDEN LAKE Wl 13» Oct303 words
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Advertisement344 1985-10-10 26 TTTT H 11-!; i CO. PTE. LTD 24-12 Tonq Eng Bldq 101 Cecil Street, S'pore 0106. Tel: *****11/ *****30/ *****25 Tlx: RS ***** Lionwm WEEKLY/REGULAR SERVICE TO EAST MALAYSIA SENG HMG InPt/lO Oct KucMne/Slw/Sarkei. Binatant SENG LEOHG 15/16 Oct Kuchmj/Sixj/Sariei (CONVENTIONAL/SEMI-CONTAINER rAFRICAS NO u asmmi ay r w itrti,\ EAST344 words
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Advertisement40 1985-10-10 26 SHIPPING TEL *****33 (MAIN) PTE LTD TLX RS ***** RANGOON STOK BKK HKG KEEL MACMENA 24/10 9/11 14/11 20/11 (JUNO I) 31/10 lfi/U 21/11 CALL OTHER PORTS SUBJECT TO INDUCEMENT Omct MMMTTM HOUR 151. MR WK V 13-15/1< STOK 131140 words
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