The Business Times, 15 October 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, OCTOBER 15, 1185 75 CENTS
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  • 300 1  -  By MANO SABNANI PRIME MINISTER Lee Kuan Yew leaves the US today for the Bahamas to attend the Commonwealth Heads of Government Meeting (CHOGM) in Nassau. The week-long meeting which begins today is expected to be dominated by the situation in Southern Africa. The
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  • 576 1  -  Cuts in rents and factory selling prices a major factor By RICHARD SEAH A BIG DROP in operating surplus is expected by the Jurong Town Corporation this year as it hands out concessions to attract new industries and to help existing industries cut costs.
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  • 175 1 SMALL COMPANIES will rank equally with large companies in the new drive for tenants, says Jurong Town Corporation's new corporate philosophy statement. Two commitments are embodied in the statement. The JTC would render quality services to clients at the lowest possible cost and it would
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  • 393 1  -  By ELAINE KOH CECIL POINT is up for sale again. And in the two years since it was last sold, its asking price has dropped by nearly $20 million. In late 1983, the 13-storey commercial building on Cecil Street was bought from Hong
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  • Article, Illustration
    86 1 DOUBLE-DIGIT Imm were the order of the day at the Slngaptft stock market yesterday, as nervni sellers began ts unload shares m qsickly as they cnM. The Bsslaess Times Csmpssite Index fell 1.83 points ts M 1.14 wtuie the Ststsek Straits Times Indnstrtal Index Isst 1.52 pstnts ts
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  • 59 1 AFP FIVE JAPANESE companies will form a joint venture to develop an advanced turbo-pro-pelled aircraft engine in a bid to ensure Japanese independence from US and European companies, Japan's Ministry of International Trade and Industry (Miti) announced yesterday. The new enterprise, co-fi-nanced by the
    AFP  -  59 words
  • 42 1 IN YESTERDAY'S story "A buffer of foreign workers", the second last paragraph should read: "Employers in the association also feel that the government should not legislate the extention of the retirement age." We apologise for inadvertently omitting the word "not".
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  • 368 1 JAPAN PRODUCES plans today for better home loans, easier credit to buy cars and television sets and a range of other consumer incentives to boost domestic spending and divert pressure from exports. Foreign ministry officials in Tokyo said the programme, due to
    368 words
  • 207 1 Reuter INDONESIA WILL SOON introduce a new taxation system for foreign oil contractors aimed at stimulating more productionsharing contracts with the state oil company Pertamina, according to Pertamina president Abdul Rachman Ramly. Industry sources said the 1964 laws had caused confusion
    Reuter  -  207 words
  • Page 1 Advertisements
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    • 264 1 JTC's stock of factories it increasing, Paga 3 Sensor puts off construction, Page 3 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTERS CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW THE RESPONSE TO THE NPB survey on middle managers was pathetic. An NPB officer suggests that Singoporeans are really not
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    • 0 1 ?}:=`%=!"<!+(?]`[],&?*"]?\>=?[:
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  • Page 2 Advertisements
    • 227 2 Canon In all the world Canon is now Plain Paper Copier The years of innovation and product improvement have paid off. Our unique single component toner projection made the quality of our copies better. Our superior after sales service made Canon machines the most dependable. And now the latest figures
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  • HOME NEWS
    • 430 3  -  By GOH YEE LING JAPAN IS TO SEND 31 experts to Singapore for attachment to various ministries as part of its technical aid to the Republic. They will be here for about two years, said Mr Hiroshi Tanaka, the resident representative of the Japan
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    • 230 3 SOME PROBLEMS faced by Singapore contractors during construction and excavation on soft clay or reclaimed land will be raised at a seminar next month. New methods to improve and stabilise soft soil so that they can be used for roads, airfields, tunnels or subways,
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    • 330 3  -  By LIM SOON NEO THE SINGAPORE Tourist Promotion Board (STPB) is making a concerted effort to draw more tourists from Taiwan by launching a major television promotion soon its third promotion this year. The STPB sent a sales mission in January and launched a
      330 words
    • 236 3 THE FAMILIAR flashing yellow beacons at about 20 zebra crossings all over Singapore will soon be replaced with flashing solarpowered flat discs instead. Under a trial run which will last about four months, the Public Works Department hopes to install
      236 words
    • 623 3  -  By RICHARD SEAH A STOCKPILE of ready-built factories and prepared industrial land is accumulating under the care of the Jurong Town Corporation. The total land area approved for development by the JTC has, however, been further reduced. This suggests that the government
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    • 265 3 WHILE THREE MAJOR industrial projects selected for mention in the Jurong Town Corporation's latest annual report are under way, a fourth has been delayed because of slack business. Sensor Products Pte Ltd, a local company making electronic flashes for cameras and other photographic accessories, had
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    • 186 3 TWENTY-FOUR COMPANIES will be the first to receive the certificate of award for good manufacturing practice at the annual dinner of the Singapore Institute of Standards and Industrial Research on Oct 31. They were among the companies which took part in Sisir's good
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    • 274 3 MORE THAN 1,200 Singaporeans will be recruited and trained by the Mass Rapid Transit Corporation in preparation for the opening of Phase 1/1 A of the MRT system. The massive recruitment for these employees, who will be in the corporation's operations division, started in July.
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    • 484 4  -  Plans to strengthen business abroad By FOO CHOY PENG AT A TIME WHEN many companies are wondering when their next order will come, MEI Project Engineers is having its hands full with contracts. Staff of the local company are working overtime to fulfil I
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    • 322 4  -  By BOEY KIT YIN THE AMOUNT OF investment commitments made by the electronics industry in Singapore rose 114 per cent to $634 million last year boosted by funds for higher-value computer goods. In a review of the industry's 1964 performance, the EDB said about 42.5 per
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    • 280 4 IN A BID to help unions attract more members, NTUC Income yesterday announced additional benefits for unionised workers under its welfare insurance scheme (Wise). The additional benefits, which came into effect from Oct 1, are: e Payment on the death of the members' children before
      280 words
    • 387 4 THE STAFF OF THE Housing and Development Board's offices in Maxwell Road are to be relocated because of a lack of space. The move is expected to take place at the end of next year, or in early 1987, although the HDB would
      387 words
    • 180 4 JUNIOR COLLEGES which wish to develop a particular speciality or facility are now eligible for grants of up to ft million under a new scheme. Dr Tay Eng Soon, the Minister of State (Education), yesterday announced that the ministry had approved the scheme
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    • 290 4 A RECENT Pacific Area Travel Association (Pata) cooperative study on potential US holiday travellers to the Asian/Pacific area has disclosed some encouraging news (or the region, including Singapore. The study concludes that the outlook (or AsianPacific travel from the US appears very positive at least (or
      290 words
    • 96 4 MOUNT ELIZABETH Hospital yesterday announced a 10 per cent reduction in its room rates to bring them in line with prevailing medical practices. The new daily charges for the single, double and four-bed rooms are $210, $115 and $96 respectively down from $235, $130 and $105.
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  • Page 3 Advertisements
    • 76 3 Practice tor Health and Relaxation Qi-Gonf Fir Health and Movinf MedHation IV Monday 7.00 pm to 8 00 pm Saturday 2.30 pm to 3.90 pm S«M-HHp Acupressure Course Fii Course commencinf in October 1985 Tuesday Thursday 6 pm For more details, please contact: M 52 03 33 Cfcm Swec Road
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    • 231 3 Ernst Huber is the Executive Chef of The Dynasty Singapore. Besides fine food, he also has the businessman at heart. For times like these when the economic downturn is on everyone's lips, he has specially prepared a menu to bring on a smile to yours. "Select any five courses from
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  • Page 4 Advertisements
    • 522 4 f* s A K -rm The way to make a significant improvement in your office is stari you in the face. The wires you trip over to get out of your workstation, the files that are not in reach when you're on the phone. The document that you know is
      522 words

  • OVERSEAS
    • 338 5 UPI NEW ZEALAND is worried about the effects the protectionist legislation being debated in the US Congress will have on US trade and on New Zealand's dealings with its Asian neighbours, Wellington's ambassador says. Sir Wallace Rowling said recently the trade measures sent
      UPI  -  338 words
    • 842 5 ARRIVALS Operator S«rrkt Local From numbor time sv SV379 0115 SEL PAA PA2I 0020 LAX/TYO/HKG CAL CI 341 0255 TPE/KUL CAL CI337 0255 TPE/KUL MAS MH601 0720 KUL MAS MH68I 0620 KUL MAS MH603 0905 KUL MAS MH81I 0940 PEN MAS MH67I 0950 KUL SIA SQI03 1005
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    • 425 5 AP CHINA HAS ACCUSED the US of attempting to break commitments made in regard to Taiwan with a policy which treats the island as American territory and risks "serious and potentially critical setbacks" in ChineseUS relations. The charges by the official
      AP  -  425 words
    • 121 5 Reuter FAR EASTERN Economic Review correspondent James Clad was fined a total of MIIO.OOO yesterday under Malaysia's Official Secrets Act over an article he had written about ties with China. Clad, a 38-year-old former diplomat, had pleaded guilty to two charges of
      Reuter  -  121 words
    • 346 6 Reuter US TREASURY Secretary James Baker said yesterday' that he expected Federal Reserve Board chairman Paul Vdcker to remain as the head of t» American central bank. *1 have no reason to think that he won't. It would be my thMfht that he
      Reuter  -  346 words
    • 120 6 AFP THE US BUDGET deficit can be reduced without increasing taxes provided cuts are made in defence spending, Treasury Secretary James Baker said. "Given the political will to make the hard choices," he said in a television interview, it was possible to "reach
      AFP  -  120 words
    • 352 6 Reuter WEST GERMAN UNIONS began an action week yesterday, pressuring the government to heed their demands for a big Job-creation programme to cut record unemployment. No strikes were planned by the eight million workers represented by the Deutsche Gewerkschaftsbund (DGB) trade union
      Reuter  -  352 words
    • 316 6 Reuter AT LEAST seven professors scheduled to deliver papers at a Harvard University conference on Islamic fundamentalism have withdrawn after they learned that the Central Intelligence Agency has supplied US$5O,OOO for the conference's costs. Andrew Hess, the director of Tufts' Centre for Southwest Asian Studies,
      Reuter  -  316 words
    • 273 6 AP BELGIAN PRIME MINISTER Wilfried Martens was coasting towards a clear election victory and was expected to form a new centre-right government after receiving a mandate for four more years of economic austerity in general elections on Sunday. Mr Martens's four-party coalition of
      AP  -  273 words
    • 175 6 AFP ABU ABBAS, sought by the US government after the hijack of the Italian liner AchWe Lauro by alleged members of his Palestinian group, said in a radio interview broadcast in New York that he was ready to go to the US "to clear his name".
      AFP  -  175 words
  • Page 5 Advertisements
    • 41 5 If/ Eui Ami New Clipper Class Dailylb Los Angeles. Ltve Band Music Non-Stop Dancing Charming Hostesses Gracious Service 2 0°/° O o t-; Office Nitc-Ctub <fe' Loutuje 1 Claymofe Drive. »02 11 Orchard Tower (Rear Block) S ngapore 0923 Tel *****26
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    • 108 5 "La difference" Today, Audemars Piguet stands alone as the most exclusive watch all over the world. Since 1875, one word alone describes the spirit and dedication that has inspired this achievement. "La Difference." Successful and influential you also stand alone in search of the same deliberate exclusivity that sets you
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  • Page 6 Advertisements
    • 229 6 QanlasA\fe fly the long legs, If you've ever had the pleasure of sinking into a deep yet supportive reclining chair, you'll begin to understand the pleasure of the Qantas Business Class chair with its built-in legrest. After all, on a journey of thousands of miles, two comfortable ilk. "IP-LI- eet
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    • 26 6 ■■BPRiI cf Switzerland meets the chaOetye, oftoday I y /> 14/15, Shaw mm #03-06/07 Scotts Shopping A member of Tet*****t0 tie MBM Group Also open on Sundays
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  • Page 6 Miscellaneous
    • 48 6 iury rps three oclock in THE MORNIN6, AND DO rOU KNOtU UHERETHE CHILDREN OF THE 51 Xvesarb* 1 PO YOU CARE? PR.DAN ASHER DOES, AND AS THE BAWBOOMZOOSmL,H& BACKTO&VEUS THE LATEST ON &BKfON£S FAVORITE GENERATION! .•>:r POCtUMTFETHE EYER-TRENPOtP GUM dOOMERSUPTD DGEA6L THESE CWS**H*T*> MARK. ON THEIR MNDS* I
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  • WORLD BACKGROUND
    • 613 7 Reuter THE ORGANISATION of Petroleum Exporting Countries (Opec) has now clearly lost its once-iron grip on the world oil market and is unlikely to regain its former influence before the *****, oil industry analysts say. Opec's dwindling market power, increasingly
      Reuter  -  613 words
    • 961 7 The Achille Lauro highlights the centrifugal forces of self-interest NYT THE REAGAN ADMINISTRATION'S frustration over the failure of Egypt, Italy and Yugoslavia to follow Washington's lead in the aftermath of the Achille Lauro affair has underscored the difficulty of trying to persuade other nations
      NYT  -  961 words
    • 460 7 NYT ABU ABBAS, the Palestinian guerilla leader sought by the US in connection with the cruise ship hijacking, is a man in his 40s who has been a key strategist within the (action-ridden Palestinian guerilla forces. The mustachioed, broadshouldered six-footer has been an
      NYT  -  460 words
  • Page 7 Advertisements
    • 229 7 We settle for nothing but a taste of perfection. Quite a claim, you might think. /V^ It's a promise that j| certainly gives our master chefs food for jjf thought each day. But then you don't become one of the fr most popular Chinese restaurants in town without setting your
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    • 73 7 You're not dressed your best unless you're wearing Longines. Ki r /f. f. &S tK Exclusive LONGINES Golden Wing Club Asia Watch Centre Sun Fatt Chew Cheong Centre Tai Hong Hung Cortina Watch Centre The First Watch Centre Goh Choon Kang Woo Hing Bros International Watch (Jl. Bukit Bintang, KL
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  • MONEY AND EXCHANGES
    • 647 8 Reuter THE AMERICAN credit market's recent focus on the federal debt ceiling and delayed Treasury refunding plans should switch to the US economy once again with this week's batch of key statistics, money market economists said. "Latest retail sales data indicate strong Consumption
      Reuter  -  647 words
    • 244 8 Reuter POLAND has completed payments of more than US$3OO million of debt arrears from 1961 to members of the 17-nation Paris Club. Grzegorz Wojtowicz, the foreign department director of the Polish National Bank, said yesterday that payments were completed last month.
      Reuter  -  244 words
    • 645 8 SINGAPORE THE US dollar yesterday closed slightly lower against major currencies but a shade higher against the yen, after fluctuating within a narrow range in quiet trading. It closed marginally weaker at 2.6540/50 marks compared with New York's Friday 2.6580/95 close and at 2.1770/80 Swiss francs against 2.1790/1820.
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    • 251 8 Interbank rates at 3pm yesterday: Currencies Nomina Bid c5fer SflHttiMnufl cross parity change Local dollars to on* unit of foreign currency US dollar 2.1410 2 1420 ***** -24 07 Sterling pound 3 0230 ***** 7 3469 -58 85 Australian dollar 1 5040 1 5068 ***** -56 13 NZ
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    • 72 8 THE OVERNIGHT rate on the Singapore interbank money market (ell by point from Friday to close at 5 J 4 per cent yesterday. The one-month term rate rose by Vfc point while the two- and three-month rates were unchanged S$ Interbank rates at 3pm yesterday: OM«f Over rwght
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    • 244 8 HONGKONG: GOLD yesterday closed little changed in fairly quiet and featureless trading, reflecting the lack of fresh factors. Bullion finished at U*****.80/327.20 an ounce against an initial 326.80/327.30 compared with Saturday's close here of 326.70/327.10 and New York's 327.20/70. On the local market, gold ended HK$l higher at 13,035
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    • 412 8 BA Futures EURODOLLAR futures yesterday opened unchanged from IMM's close but traded sideways as the market is mixed over the debt ceiling issue and the adjustment to the Fed's board at governors. After opening at 91.64, the December contract saw light trading within the range of 91.62 and 91.67.
      BA Futures  -  412 words
    • Article, Illustration
      383 8 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading. Dealers said news of a higher-than-expected 2.7 per cent rise in US September retails sales had little impact because it was offset by a 0.6 per cent fall in producer prices for the month. Short-dates
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  • Page 8 Advertisements
    • 79 8 "*s*?, .< !>■>■ -T r 7 if■■;' Jp^ <•/.*.•'* e I COMMAND POSITION Hong Leong Finance Building 138 Robinson Road *113 podium carpark lots ♦Spacious, sophisticated offices with inspiring seaviews 6,200 sq ft per floor (may be subdivided into smaller areas) Computerised high-speed lifts ♦Energy-saving double-glazed windows 24-hour security Professional
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    • 492 8 STYLE'B6 Fabrics Garments Shoes Accessories (TRADE ONLY) November 13th, 14th and 15th, IMS, 12.00 to 6.00 pm at the Century Park Sheraton x® stoe po f The Reliable Airline KLIVI Moyat OwtcK Avfcnn For the axtti consecutive year. leadHig devgnert and manufacturers AV from Austria w«l present the latest rt
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  • BANKING AND FINANCE
    • 407 9 WEST GERMANY'S largest merchant bank, Berliner Han-dels-und Frankfurter Bank (BHF), is to set up a securities branch in its offshore Singapore bank to market German securities to the Asean region. Dr Wolfgang Graebner, the parent bank's managing partner, said this would be
      407 words
    • 343 9 Reuter JAPAN WILL shortly grant licences to British merchant bank Kleinwort Benson Ltd and later to a few other British merchant banks and brokerage houses to open Tokyo securities branches. Vice-Minister of Finance Tomomitsu Oba said the other licences
      Reuter  -  343 words
    • 149 9 Reuter KING HASSAN says Morocco will widen the scope of a government bond issue launched on Oct 1 to include European banks and local banks and companies. He said that funds from the three-year, tax-free government issue at 14 per cent a year would be used
      Reuter  -  149 words
    • 162 9 Reuter JAPANESE INVESTORS will be allowed to use financial futures markets abroad later this year at the earliest and foreigners will be given access to Japan's bond futures market when it opens on Oct 19. Finance ministry officials say that Japanese investors need
      Reuter  -  162 words
    • 95 9 Reuter THE PAKISTANI finance ministry has banned commercial banks from buying recently floated bearer national fund bonds on the stock market. A central bank official said yesterday that the country's two stock exchanges in Karachi and Lahore listed the bonds last week after
      Reuter  -  95 words
    • 427 9 Reuter DRESDNER BANK AG of Spain is negotiating a joint venture with Banco de Vizcaya with a view to acquiring an equity stake in one of Banco de Vizcaya's group member banks, banking sources said. They said Dresdner was seeking to operate in
      Reuter  -  427 words
    • 139 9 Reuter AT LEAST FOUR major British merchant banks have entered into arrangements with Indian companies in view of the country's growing need for project finance and foreign cash. Bankers said Barclays Merchant Bank Ltd, N M Rothschild and Sons Ltd, Samuel Montagu
      Reuter  -  139 words
    • 463 9  -  Sang Kancil is BT's financial futures trader. DAVID GABRIEL each Tuesday traces the tactics and strategies of Sang Kancil on Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL WHEN IN DOUBT,
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  • Page 9 Advertisements
    • 306 9 Some CTVs have the lmack of grov\dngOTL you. w&Ki The Quintrix Alpha series Our little 14' intrix Alpha portable could easily find its way into your bedroom and very possibly into your heart. We'll wager a bet tnat if you start off with it. You'll graduate to our 16"(41 cm)
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  • LETTERS TO THE EDITOR
    • 555 10 THE CONCEPT OF PRODUCTIVITY and its importance to Singapore has been with us long enough for it to become familiar. But that is no reason for anybody to believe that they may treat it with what amounts to contempt. Even if exhortations and the regular buzzes from
      555 words
    • 1574 10  -  Lessons that can be learnt from the process of selecting an advertising agency E PHILLIP LIM Regional Advertising/ Promotions Manager, Olivetti (Singapore) Dear Sir One could really read too many untoward intentions into a really harmless remark by a supposedly non-advertising person that an advertiser, looking
      1,574 words
    • 289 10  -  MAURICE NICHOLAS Vice-President, Singapore Amateur Athletic Association Dear Sir In response to your report (BT Oct 8) on the Mobil Marathon, we wish to make the following clarifications. The starting time of the Mobil Marathon was fixed at 6.30 am the same as the Singapore Marathon
      289 words
    • 429 10  -  GWENDA LOONG Dear Sir As an owner of a Goodluck Garden condo, you have my grateful thanks for highlighting the dispute over undersized flats as a civic contribution. However, this issue has far wider implications than the comments elicited. It involves
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  • Page 10 Advertisements
    • 92 10 First Come. First Served Bunts r British Airways fly daily one-stop flights to London. We arc the first airline to leave Singapore at 10.10pm everyday. And the first to arrive in London by 6.20 am. So that at Heathrow, passengers on British Airways are the first from Singapore to get
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  • SPORTS
    • 764 11  -  Nambiar propelling India's athletic wonder towards stardom By WALTON MORAIS PEOPLE achieve fame and fortune in many ways. The man behind PT Usha Asia's wonder woman of the track is not ashamed to admit that he is living off her success. "Because of her, now everyone
      764 words
    • 227 11 UPI LANNY WADKINS birdied six of his last nine holes and tied the course record with a nine-under-par 63 on Sunday to charge past third-round leader Scott Hoch and win the US$4OO,OOO Walt Disney World Classic in Florida. Wadkins, who moved into the lead
      UPI  -  227 words
    • 348 11  -  By JEFFREY TSANG ARF RENAULT has emerged tops again. Of all the sports cars and hot hatchbacks found on Singapore roads, the Renault R5 Turbo might well be the fastest. It is not a popular car judging from sales figures only
      ARF  -  348 words
    • 251 11 Reuter ELEVEN-TIME British champion jockey Lester Piggott finished seventh on the French-trained Cariellor in the Man O'War Stakes at Belmont Park in New York on Saturday. But Piggott said he might still attempt to find another major winner in the US before he
      Reuter  -  251 words
    • 336 11  -  By DAVID GABRIEL SRI LANKA, fresh from its recent maiden Test victory in the series against India, has opened its campaign in Pakistan. The newest Test country registered a defeat at the hands of Pakistan in the first 40 over one-day international match.
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    • 96 11 AFP NEW ZEALAND scored the second win of its rugby league tour, by 20 points to 10 points against Hull Kingston Rovers in England on Sunday. But the Kiwis needed a controversial try midway through the second half to get on top of the
      AFP  -  96 words
  • Page 11 Miscellaneous
    • 1169 11 W3 OHD GMDIK) THE JEWEL IN THE CROWN "CROSSING THE RIVER" 9.05pm, Channel 12 9m> Susan Wooldridga (left) plays Daphna Mannars, whila Art Malik plays Hari Kumar. The story opens in Mayapore, India, in February 1942. A young Indian, Hari Kumar, is under suspicion as a subversive by the local
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    • 782 11 Play golf the Sevvy way In PlAMNfc A normal bunker shot FROM BES»OE THE GREEN, IT »S important TW<T 10L> CHECK THE THE CjREEN BEFORE lOU PLAN THE SHOT... IF TV« GREEN EOTT TWEN AIM TO WTtH THE BAU. MAlBE "PNO YARPS OR SO SHORT OF THE WOCE BUT IF
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  • INTERNATIONAL COMPANY NEWS
    • 741 12 NYT ELIZABETH DOLE, the US Secretary of Transportation, has given preliminary approval for United Airlines to acquire the Pacific routes of Pan American World Airways. But she also called for a hearing to determine whether another carrier should take over United's routes
      NYT  -  741 words
    • 385 12 NYT FOR THE MANAGEMENT of the Jack Eckerd Corp, the last few months have been spent either warding off takeover efforts or conceiving strategies to discourage any potential suitors. Now, it has taken a step that its managers hope will put those matters
      NYT  -  385 words
    • 278 12 Reuter THE TOP MANAGEMENT of Revlon and New York investors Forstmann Little and Co have raised their leveraged buyout offer for the beauty and health care company to U5557.25 per share from $56 in a bid to stop a hostile taxeover mounted by supermarket
      Reuter  -  278 words
    • 342 12 NYT MARTIN PROCESSING Inc has to be one of the more bizarre takeover stories to surface on Wall Street in a lot of years. The stock of the small company, based in Martinsville, Virginia, which designs custom machinery and
      NYT  -  342 words
    • 215 12 Reuter UNITED NEWSPAPERS PLC, which earlier yesterday increased its offer for Fleet Holdings PLC, has bought a further 7.1 million Fleet shares at 375p per share, bringing its stake in Fleet to 31.9 per cent of the ordinary share capital. United Newspapers had,
      Reuter  -  215 words
  • Page 12 Advertisements
    • 561 12 rj*« 4' A. S >. JH?. is i flraMH •Jl H m T 5^ !*CY* I "-i-" I-• Li! r~~ 3 H IS #7:P tonight A Whole Leg of Baby Veal The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition
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    • 168 12 Vr ae come to Ffeng Cheng Lou Please call Mr leung at 73*9056 for reservations OROWTI @FR/*CE HOTEL Special Family Menus »12<K» Menu (for 6 persons) Crown Prince s three-dish combination Teochew soyed goose meat Dried scallop with green vegetables Braised duck with lemon in soup Steamed pomfret Dessert $SO++
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  • ASIAN STOCKS
    • 394 13 HONGKONG: Share prices closed higher yesterday in fairly quiet trading in the absence of fresh factors. Brokers said the market opened little change but some buying interest began to emerge in late trading. The Hang Seng Index rose 10.80 to finish at 1,594.35 after being up 4.0 at midday.
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    • 265 13 OCT 14 NT Lien Hwo Indus 12 30 005 Nan Ya Ptas 24 10 0 1 Ai Severe Indus 289 +■0 06 Pacific Cons 14 60 005 As»a Cement 1870 -0.1 Pacific Elect 1295 inch Coltxjy Cons 2380 06 Wee Chang Hwo Bank Chen Loong Ova Hvn Cement 44
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    • 369 13 TOKYO: Share prices climbed in moderate trading yesterday to push the market average above 13,000 for the first time in three months, brokers said. But some analysts said surplus funds in the hands of institutional investors rather than strong incentives were the major factor in boosting the market. The
      369 words
    • 94 13 MANILA: Prices closed mixed in quiet trading yesterday The Commercial and Industrial Index rose 1.90 to 174.58 while the mining marker fell 11.60 to 667.36 and oils were steady at 0.779. OCT 14 fmm 0014 W*l«» B 0 14 unch Phi 0001 unch Pic op B unch Ap«x Mrang
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    • 344 13 SYDNEY: Australian share markets rose to a new record yesterday, supported by sharp gains in BHP and a few selected stocks, brokers said. Wall Street gains helped the firmer tone while a lack of interest from overseas investors last Friday night failed to dampen local buying enthusiasm, they said.
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    • 92 13 OCT 14 Won Hyundoi Comi 910 unch Hyundoi Motor 900 16 710 -10 KAi. 473 -6 Chohvung Bk 695 •12 Korr« Fnl 736 •6 Commcrciol Bk Do«km Ind 740 SM inch -7 Yukona Korea Ship 1342 427 1 -4 Doe-oo Corp «ao unch Lucky Ltd 602 -10 Dot»oo Ind
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    • 159 13 BANGKOK: Share prices closed higher yesterday but trading remained sluggish. The Book Club Index rose 0.52 to 131.96 with advances leading declines by a margin of more than two-to-one. Turnover stood at 49,315 shares worth 7.7 million baht compared with 65,231 shares worth 13.5 million baht. OCT 14 Aokham
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    • 58 13 Reuter THE BROKEN HILL Pty Co Ltd said it had awarded a $10-million contract to Voest-Alpine AG in association with Schoemann Siemag AG to provide rolling equipment for a mini steel mill in Queensland. The contract covers the supply and installation of a 15-stand rolling
      Reuter  -  58 words
    • 342 13 Reuter TWO US COMPANIES unveiled a plan for a large commercial development in Shanghai in what they said would be the largest foreign real estate investment in China. Portman Companies of Atlanta and American International Group Inc (AIG) of New York said
      Reuter  -  342 words
    • 92 13 AFP PRESIDENT SUHARTO is to open Indonesia's first tin plate plant in Cilegon, West Java, later this month. T Aribowo, the director of the 130,000 tonne-per-year plant and of PT Krakatau Steel as part owner of the plant, said the planned production would meet
      AFP  -  92 words
    • 187 13 AP SONY WILL BEGIN assembling video tape recorders in Fort Lauderdale, Florida, this week, the first time a Japanese company will produce VTRs in the US. Sony said last Friday the USmade VTRs, which will use three-quarter-inch video tape, will
      AP  -  187 words
  • Page 13 Advertisements
    • 693 13 R* Business Or Pleasure, Lunch atTKe Elizabethan Grill Today's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with T&rragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons Traditional
      693 words
    • 143 13 M Savoury Delights Await You At n J /y o M 1 M /yonf Kong Man Xih available during lunch! For reservations call. 235 2698 or 734 6622 ext 141/144 Lunch: 11am -3pm Dinner 6pm- 11pm +jhhkh##/_ mmTM. 19 Cairnhiil Cirde Singapore 0922 1H 734 6622 ORCHARD ROAD Ample Free
      143 words

  • RAW MATERIALS
    • 260 14 Bernama THE RUBBER RESEARCH Institute of Malaysia (RRIM) has succeeded in producing rubber plants through cell culture techniques. In a statement, Primary Industries Minister Datuk Paul Leong said that few of the rubber plants produced through the technique were ready for planting out in the field.
      Bernama  -  260 words
    • 574 14 NYT A WEEK after the silver market hiccuped upward on news that the Hunt family of Texas had sold most of its hoard of the precious metal, the market has resumed its slump. It seems that those who proclaimed the silver bear
      NYT  -  574 words
    • 101 14 UPI THE PRESIDENT of the Brazilian Coffee Institute announced that he is closing the group's offices in Tokyo, Abidjan, Hamburg and Milan to save an estimated US$5 million per year. The institute's president Carlos Alberto Leite Barbosa said that the offices in New
      UPI  -  101 words
    • 132 14 AFP THE TAIWANESE authorities have approved a technical cooperation project for an East German company to provide technology for making copper foil to a leading Taiwan manufacturer. Sources said a special Cabinet committee last month gave its approval to a proposal submitted by
      AFP  -  132 words
    • 284 14 Bernama A RECENT MALAYSIAN trade mission to four East European countries has resulted in the sale of tin and cocoa products worth Ms 6 million, says Deputy Trade and Industry Minister Datuk Oo Gin Sun. Datuk 00, who led the mission, said their
      Bernama  -  284 words
    • 245 14 SINGAPORE THE MARKET yesterday closed marginally lower with November One RSS buyers quoted at 165.50 cents per kilo, down 0.50 cents from last Friday. The morning session eased 0.25 cent due to some liquidation of nearby positions in quiet trading. The afternoon market continued quiet with prices slightly down
      245 words
    • 296 14 Singapore (SS/tulo, ei godown) Frogront new crop 1st 0 76 2nd 0 54 3rd 0 52 New Crop 25% no stock 10% no stock Thai Broken A-super 054 Special 0 52 Thai Rice 55% no stock China Rice 10% no stock 15% 0 72 25% no stock 35% no
      296 words
    • 162 14 MALAYSIAN crude palm oil prices yesterday recovered from their lows on late short-covering to close slightly lower, after early levels were dampened by a weaker Chicago soyoil futures close last week. Oct deliveries in the south region closed M 57.50 lower at $625 per tonne and central down
      162 words
    • 1154 14 COFFEE ROBUSTA coffee futures were yesterday slightly firmer at midday, at up £3 to £6 a tonne from Friday's close in very quiet trading, having fluctuated throughout the morning in a maximum £8 range, dealers said. The market was expected to be around £5 firmer but was held
      1,154 words
    • 89 14 THE PRICE sf tin on the Kub Lumpur Tin Market yesterday held steady at Ms2t.»s /ktle with the buffer stock manager maintaining support at this level, dealers said. Turnover rose to 152 teases from ISS on Friday. Japanese and loeal buying also was evident. The discount against the
      89 words
    • 178 14 Yarn (In HK$ per bole of 400 lb) China corded yarn, cones Blue Phoenix 16's 2,500 Blue Phoerux 20's 2,550 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Corded yarn, hank Blue Phoenix 2l's 2,750 Combed yarn, cones Blue Phoenix 32's 4,100 Blue Phoenix 40's 4,300 Open-end yarn Blue
      178 words
    • 340 14 RAS prices m S cents/kg, FOB m boles NOON CLOSE Buyer* Setters Buyers Setters tnt 1 RSS Prompt 164 00 165 00N 163 75 164 75N kit 1 RSS Nov 85 ***** 166 25 165 50 166 00 Int 1 RSS Dec 85 167 25 167 75
      340 words
    • 104 14 (cents/kg, 1-ton pallets) gCj DEC 85 (current month) (forword month) NOON NOON RAS Buyers Sdtocs Buyers Sellers SSR 20 150 50 152 50N 151 50 153 50N SSR 50 148 50 150 SON 149 50 151 50N MRELB Buyer* Setters Buyers Sellers SMR CV ***** 215 50N
      104 words
    • 153 14 Chineae Produce Robusta 20/25% FOB NSW Nutmeg H0 FOB NSW 440 00 Exchange (Setters' noon closing Oct 14 (S$/100 kg) prices on 471 00 E&W FOB NSW 338 00 Coconut oil Bufc FOB 75 00 Gambier Od drum FOB 88 00 FOB NSW 330 00 New drum FOB
      153 words
  • Page 14 Advertisements
    • 257 14 NOTICES AAF-INTER NATIONAL PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of AAF-INTERNA-TIONAL PTE LTD held on 11th October 1985, the following Special Resolution was duly passed That AAF INTERNATIONAL PTE LTD be wound up voluntarily and that Messrs Roger Philip Edmonds, Michael Lim Choo San and
      257 words
    • 276 14 In The Matter of lie Companies Act, Cap. 185 And In The Matter of LEENG TRADING PTE LTD (Members' Voluntary Winding Up) At an Extra General Meeting of the members of Leeng Trading Pte Ltd duly convened and held on the 10th day of October 1985 at 230 Jalan Besar
      276 words
    • 265 14 THE COMPANIES ACT, CAP. 185 CITY COUNTRY CLUB PTE LTD (In Liquidation) At a general meeting of CITY COUNTRY CLUB PTE LTD duly convened and held on the 10th day of October, 1985 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to
      265 words
    • 146 14 In the Nittrr IV Ompuits Art, (Chapter lU> And In the Mittrr of FIRST CAFE PTE LTD (Incorporated In the Republic at Singapore) (In UqutdaUM) MEMBERS VOU NTAKY WINDING-IP At an Extra-Ordinary General Meeting of Members of FIRST CAFE PTE LTD duly convened and held at 400 Orchard Road =06-10
      146 words

  • SHARE INFORMATION
    • 4245 15 BUYERS took a back seat on the Singapore stock market yesterday as nervous sellers took to the floor, driving many counters, mostly Malaysianbased, sharply lower. Double-digit losses were the order of the day, as a wide range of issues, both speculative and blue-chip,
      4,245 words
    • 269 15 SINGAPORE Rises Indices Oct 11 Rntrat* 510 ♦42 IT Cmfowii 456 57 Qmaimft 565 +5 it U4«otor *****25 SH Swim 151 +5 IT OC/OS -310 Sao Lao Fames 199 4 BT CADI 5317 P M 1 1 S0« 155 +3 |T0>V ***** Spot k. 243 +2 ST
      269 words
    • 4395 15 BID and offer prices officially listed and business in and reported to the Stock Exchange o( Singapore yesterday with the number at shares traded shown in brackets in lots at 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT*
      4,395 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 492 16 PACIFIC CHEMICALS Bhd (PCB), which has been taken over by a consortium led by Mr Tan Koon Swan, has proposed a share exchange with Grand United Holdings (GUH) and the acquisition of a property company. It said PCB would acquire 66 million shares of Msl each
      492 words
    • 523 16 SIME DARBY Bhd is in a mood to expand in every direction, except further into heavy machinery, according to Tunku Ahmad Yahaya, the group chief executive. "We will be looking to develop our regional strengths and looking carefully for opportunities with
      523 words
    • 292 16 SHARE PRICES on the Kuala Lumpur stock market fell sharply across the board in listless trading yesterday. Most counters finished with double-digit losses. Fresh problems within the MCA arising from the resignation of Datuk Mak Hon Kam and Datuk Tan Tiong Hong caused
      292 words
    • 3841 16 BID and otter prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number erf shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUSTRMLS A Choc 2 968 3 OOS) (6) 3 02
      3,841 words
    • 279 16 THE 23.8 million additional shares in India-Malaysia Textiles Bhd, issued as part of the recently-approved rights issue and conversion of debts, will probably be listed in a month's time. Many shareholders were said to have sold the additional shares only to
      279 words
    • 5 16 All tun* high
      5 words
    • 43 16 FOLLOWING Pahang Investment's request (or suspension of trading of its shares on the KLSE, the SES also suspended share dealings yesterday in the counter for an unspecified time. The company has yet to produce its 1964 annual report and accounts.
      43 words
    • 266 16 Monogert' price* foe Oct 15 Singapore Ui rWt Truat The Commerce 1 72 I 82 The Sovrtgi Fund 1 28 1 36 S'pore Prog Fund 0 74 •0 78 S'pore Set FixxJ 1 06 1 14 S'pore Inml Fund 0 76 081 S'pore Equity Fmd 0 77 0
      266 words
    • 893 16 EQUITIES closed mixed on profit-taking yesterday after a firm start in fairly quiet trading. INDUSTRIALS Oct II Pence Afted-Lyons 275 i**h Au Danes 142 unch BTR PLC 386 13 Babcocks 147 +6 Bore toys 399 2 Beecham 303 5 KC 230 2 Bkje Orel* Ml 13 BOC Group
      893 words
    • 545 17 ■mob 'mm** By HOCK LOCK SIEW DON'T YOU WISH that you were an SIA employee and not a mere member of the investing public? Since 1975, a growing number of lucky airline people have been accumulating SIA shares at prices which have soared over the
      By HOCK LOCK SIEW  -  545 words
    • 69 17 I want to be as fair as possible when deciding on the winner of the Not-The-USM competition at the end of the week, giving all entrants an equal chance of winning two bottles of XO brandy. All I ask is that each entrant gives me his/her
      69 words
    • 262 17 TWO OF THE THREE parties named in the interim injunction served to prevent the sale of shares in Allied Chocolate Industries to Mr Lee Ming Tee have applied to be removed as defendants. Allied Chocolate and Phina Investments have asked to be taken out
      262 words
    • 477 17  -  By NAJEEB JARHOM IT IS NOT smooth-sailing all the way after all for Genting Bhd and its partner, prominent property developer Dallas Dempster, in their ambitious Australian casino project. The soon-to-be-opened Burswood Island casino complex in Perth, Western Australia, has encountered its first snag.
      477 words
    • 392 17  -  By CHAN OI CHEE LIAT TOWERS, the 21-storey of-fice-cum-commercial building to be acquired by Bonvests Holdings, will contribute a major part of the enlarged group's profits for this year to end-De-cember. The property-based Bonvests is forecasting group after-tax profits of $868,000, or net
      392 words
    • 177 17 KEPPEL SHIPYARD Ltd has completed the conversion of a very large crude carrier to a floating, production, storage and offloading vessel. The contract for the conversion, valued at about $11.5 million, was only awarded in May 1985. "We didn't have the luxury of a schedule
      177 words
  • Page 16 Advertisements
    • 144 16 OKnight Frank Cheong Hock Chye Baillieu 128 ffILLVIEWAVENUE Single storey factory double storey office building □Title: 999 years □Office: 354 sq m □Zoning: Industry HCanteen: 121 sq m □Area: 4,982 sq m Factory: 2341 sq m □Asking price: Upon Application *****33 Istituto per lo Sviluppo Economico dell'ltalia Meridionale [A statutory
      144 words
    • 144 16 1 L i y i H rjTyTS r close to nature? Tan Chong Tower Service Apartments Available for 1 month and above Within CBD Fully furnished inclusive of kitchenware Telex and IDD telephone Housekeeping and laundry service available Covered car park 24-hour security Rates: Studio $1,300 per month 1-bedroom $1,600
      144 words

  • Page 17 Advertisements
    • 198 17 From Decades of Office Furniture Experience# Systematic Survey Research come s Open-Landscape I I Openw i L •-x *1 N it ■Jw A u ww i f Z S B > King Alpha System OFFICE FURNITURE SYSTEMS Surveys have shown that offices are reorganisea or shifted more often than previously
      198 words

  • 402 18  -  By ALVIN TAY A LOWERING OF THE cost of home loans can be expected over the next three weeks following a move by Overseas Union Bank yesterday to quote the market's lowest interest rates. OUB's new rates 7.5 per cent for loans up to
    402 words
  • 829 18  -  They are long on technical skills but short on charisma, says NPB survey By MONICA GWEE THE SINGAPORE middle manager scores high on technical skills but (alls short on energy, charisma and trouble-shooting flair. A survey just released also showed the middleman to be narrow rather
    829 words
  • 379 18 GROWING ECONOMIC LINKS between Asean and the European Community will provide a perfect background to the first meeting of the regions' economic ministers in Bangkok on Thursday and Friday. But Trade and Industry Minister Dr Tony Tan, accompanied by junior minister
    379 words
  • 430 18  -  By JEFFREY TSANG IT WASN'T necessarily the heavy-weight construction companies which turned over the largest amount in 1964. Most of the work went to companies which were comparatively small in terms of shareholders' equity. A study by the Construction Industry Development Board on
    430 words
  • 139 18 Reuter UNIT LABOUR COSTS are rising and unless pay settlements start falling, Britain's ability to compete successfully in world markets will be threatened. The director-general of the Confederation of British Industry (CBI), Terence Beckett, said yesterday that unit labour costs were 6.5 per cent higher
    Reuter  -  139 words
  • 178 18 "CHOP OFF the choking hands of protectionism," said the Acting Prime Minister, Mr Goh Chok Tong, last night as he reiterated Prime Minister Lee Kuan Yew's concern over protectionism and trade barriers put up by the developed countries. Speaking at a state dinner at the
    178 words
  • 464 18 FORMER housing controller Yip Weng Kee, who yesterday pleaded guilty to corruption, had shares in Goodann Development (Pte) Ltd, the company named in the charge against him. Yip also admitted committing an offence under the Central Provident Fund Act. The police summons against Yip said he
    464 words
  • 70 18 Reuter COMEX GOLD FUTURES drifted US$O.5O to $0.80 lower on light selling by speculators yesterday morning. Gold for December delivery slipped $0.50 at $330.20 an ounce after fluctuating between $330.40/$329.80. Speculators cashed profits from Friday's rally of $1.60. Silver futures dipped 1.5 to 1.3 cents in
    Reuter  -  70 words
  • 66 18 Reuter THE NEW YORK stock market pushed higher in early trading yesterday, improving on the strong advance of the previous session. The Dow Jones Industrial Average was up one point to 1341. Advances led declines by a four-three margin on turnover of 6.09 million shares. Western Airlines
    Reuter  -  66 words
  • LATE FILE
    • 45 18 Reuter A MOVE to have the UN General Assembly invite Yasser Arafat to its 40th anniversary commemoration was dropped yesterday after intensive consultations with the six non-aligned states, ending a dispute that threatened to disrupt the celebrations. Reuter
      Reuter  -  45 words
    • 49 18 Reuter US CONSUMER confidence fell for the second month in succession in September but remained at relatively high levels. The Conference Board's Consumer Research Centre, yesterday said that the latest survey readings suggested continued economic expansion at a slower pace than was earlier forecast. Reuter
      Reuter  -  49 words
    • 37 18 Reuter PRESIDENT REAGAN has sent Republican Senator Paul Laxalt to Manila to meet Philippine President Ferdinand Marcos, the White House said yesterday, following reports of a worsening security situation in the Philippines. Reuter
      Reuter  -  37 words
    • 32 18 Reuter THE PHILIPPINES National Economic and Development Authority has revised downwards its 1965 gross national product (GNP) growth estimate to between minus 2.5 and minus 3 per cent.
      Reuter  -  32 words
    • 37 18 UPI SWEDEN'S Karolinska Institute yesterday awarded the 1985 Nobel prize for medicine to University of Texas researchers Michael S Brown and Joseph L Goldstein for their work in the regulation of cholesterol metabolism.
      UPI  -  37 words
    • 36 18 UPI INDIAN Prime Minister Rajiv Gandhi arrived in London yesterday for a two-day visit, amid a big army and police security operation that included light tanks and machine guns. UPI
      UPI  -  36 words
    • 39 18 Reuter BOMBS badly damaged buildings housing a state-run French radio and television yesterday and responsibility for the blasts was claimed by Action Directe as a protest against planned broadcasts by right-wing extremist Jean-Marie le Pen.
      Reuter  -  39 words
    • 34 18 Reuter SWEDEN'S Prime Minister Olof Palme yesterday replaced Foreign Minister Lennart Bodstroem with former social affairs minister, Sten Andersson. Bodstroem was moved to the more junior post of Education Minister.
      Reuter  -  34 words
  • Page 18 Advertisements
    • 195 18 i^E T /r 111 '.111 kM iTTTTZij i i> rtuVs^"*^ I**" Multi-Storey Complex II Where the facts are too good to ignore. Fact 1: Office and warehouse under one roof Fact 2: Close to the port and city Fact 3: Dock levellers for stuffing and unstuffing containers Fact 4: Ample
      195 words
    • 147 18 Leader, Page 10 Live it up: with Old Parr or Hennessy XO. From Ist October to 31st December 1985. just order an Old Parr or Hennessy XO or a cocktail with either Smirnoff Vodka. Gilbeys Gin or Malibu as its base. And you stand a chance of winning a Concord
      147 words
  • Page 18 Miscellaneous
    • 56 18 Outlook for today: Showers over several areas in the morning and early afternoon. Report tor 24 hours prior to 7 30pm on Oct 14 at the airport: Maximum temperoture 30.6 Associated humidity 74 Minimum temperature 23.3 Associated humidity 91 Hours of sunshine 2.60 Rainfall in millimetres trace Rainfall this month
      56 words

  • SHIPPING TIMES
    • 515 19  -  By JUNE LIM JURONG INDUSTRIAL PORT handled 7.5 million freight tonnes in the financial year ending March 31,1985, a marginal increase of 1 per cent over the previous year. The growth is the lowest since 1977. A scale down in the regional oil exploration, shipbuilding
      515 words
    • 239 19 THE REDUCTION IN offshore and oil exploration activities has made a dent in the revenues of Jurong Marine Base. The base turned in an income of $13.48 million in the last financial year ending March 31, 1985, the lowest in the last five years.
      239 words
    • 189 19 Reuter THE SINGAPORE-regis-tered freighter Hoe Lien sank in heavy seas 21 kilometres off Terrigal, north of Sydney, the Australian Sea Safety Centre said. The 3,277 dwt Hoe Lien began listing heavily off Newcastle yesterday when its cargo of lumber and steel pipe shifted in
      Reuter  -  189 words
    • PORTSIDES
      • 85 19 AP NINETEEN ATTACKS by pirates occured in the Philips Straits between Indonesia and Singapore in the first seven months of this year, the independent daily Merdeka said on Monday. The daily said pirates mainly robbed tankers and big merchant ships passing through the straits. It quoted Riau
        AP  -  85 words
    • 1095 20 FT SHIPBUILDING generally may be in dire straits, but yards in Finland have been able to navigate the storms with relative success. Unlike many other European yards, which either lose money or enjoy massive state subsidies, the four Finnish yards stay well afloat,
      FT  -  1,095 words
    • 196 20 LLOYD'S Register of Shipping has been heavily involved with the introduction of a novel ship type which will help to extract more oil and gas from offshore wells. Apart from the usual plan approval and survey during her conversion work, this involved a
      196 words
    • 117 20 THE TOP FIVE employers of offshore mobile rigs in the United States Gulf are Exxon with 15 rigs, Chevron with 14 rigs, Amoco and Shell with 13 each and Conoco with 11. According to Offshore Data Service's rig data base, the 66 rigs employed by
      117 words
    • 699 20 AB Shpg V 5 Ateo Line VI 3 Alphatrons X 3 A PC L me V 4 APL lit 2/3 Anro Service IV 3/4 ANL I 1/2 ASCL HI 1 Balt-Canoda Line VH 4/5 Bolt-Orient Lme VH 4/5 Bank Lme V 5 BBS H 4/5 Bayswoter Shpg
      699 words
    • 1525 20 A FURTHER rate advance for grain fixing from the US Gulf to the Continent and active chartering on Indian government account mainly for fertiliser cargoes featured the freight market on Friday, shipbrokers said. Grain was covered from the Gulf to Holland at US$B.O3 against $7.95 paid previously while
      1,525 words
    • 178 21 THE TRANS-PACIFIC Westbound Rate Agreement (TWRA) has recently scrapped minimum per container charges on eight selected commodities and at the same time has cancelled scheduled minimum charge increases for the movement of other commodities. The TWRA said the move was to help stimulate the growth
      178 words
    • 462 21 DUTCH SEAFARERS are to launch a political campaign against proposed legislation which they fear will result in the loss of 2,500 jobs in the country's shipping industry. The planned changes in laws on ere wing levels and crew certification have been
      462 words
    • 263 21 SEA CONTAINERS recently introduced another version of its successful 20 ft Sea Vent ventilated container, offering almost three times more ventilation. Called HiVent, the unit has been developed to meet requirements of particular trades which demand increased ventilation for cargoes, such as cocoa beans. HiVent
      263 words
    • 401 21 Oct 14-19 Expoship Riomar 85, international maritime conference and exhibition, Museum of Modern Art, Rio de Janeiro, Brazil. Oct IS-2S sth international port equipment and port economy exhibition, Leningrad, USSR. Oct 20-23 Annual conference, Maritime Law Association of Australia and New Zealand, Windsor Hotel, Melbourne, Victoria, Australia. Oct
      401 words
    • 113 21 UPI A BURMESE officer of a Panamanian cargo vessel plying the Hongkong-Manila route was found dead in his cabin on Sunday with 33 stab wounds, police reported. Police identified the Burmese as Tim Myient, 56, second engineer of the motor vessel SeanDuteh Asia. He was found by
      UPI  -  113 words
    • 112 21 CHINA OCEAN Shipping Co will start a full container service from China to Persian Gulf ports at the end of this month. Offering two sailings a month, the service to the new ports will start with the 8,500 gross ton Gao Cheng sailing on
      112 words
    • 5992 26 3®aBG)(!EB 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
      5,992 words
    • 708 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Luohe 20W 15 10 85 1900 Y Fung F1 1000-1100 Wl Jutlandia 354 15.1085 1700 Ned-EAC F7 0700-0900/0700-0900 P2/S2 Jenhol 3N/85 15.10 85 1800 T
      708 words
    • 1640 27 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 Afea Line Africon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK) Amencon
      1,640 words
    • 376 28 AFP DEMAND for large tonnage out of the Gulf states area escalated enormously over the past week, although rates were somewhat lower. Some 10 ultra large crude carriers (ULCCs) and very large crude carriers (vices) were reported fixed from various ports in the region, in the wake of
      AFP  -  376 words
    • 495 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Koto Megah K32 PIL alongside 15.10.85/0600 Kota Wirawan K31 PIL alongside 15.10.85/0200 Ninh Co K21 NAPL alongside 15.10.85/2300 SD Estero K16 Borneo alongside 15.10.85/1200 Yuheng No 2 K33 J Manners alongside 15.10.85/1500 Builder III K23 Thong Soon
      495 words
  • Page 19 Advertisements
    • 731 19 Monthly from Pitman FAvailable at all good bookshops and newsagents HP limes lIIIU* Distributors Orient Overseas CwUcmua. Line Agents JMOK SHPTM AGENCfS 24MM/MK) 70 SVnlwi Way *04 03 Manna Horw Smfapoff 0207 Td *****11 THei NO RS ***** CIS OFFICE IPC #03 029 TH 222J731 2220*3* Termmal OH™ IPC #03
      731 words
    • 73 19 [KMDB SHIPBUILDING generally may be in dire straits, but yards in Finland have been able to navigate the storms with relative success. Page II DUTCH SEAFARERS ore to launch a political campaign against proposed legislation which they fear will result in the loss of 2,500 jobs. Page 111 Index to
      73 words
    • 1190 19 BALT-ORIENT LINE Baltic Shipping Co Regular Services from South East Asia to United Kingdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE KEEP YOUR APPLES FRESH tacom* TO: wm: 1? DAYS FASTEST TRANSIT BERg"" S por. EXPORT TO USA. EUROPE. MIDDLE EAST. WEST
      1,190 words

  • Page 20 Advertisements
    • 522 20 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Foodor at Tokyo Matter VSL LA/LB OAK BE SHU M 1/U 12/11 I. APOLLO 16/11 19/11 YAMASHM M 23/11 28/11 2EELAIOA 3t/U 5/12 Vessel *0T (CD VAN IKCX *11/ TOHGO MARU *47/ I« BAT *28/ NED CLEMENT *18/ t Aha Keepton( carp
      522 words
    • 248 20 MMMg Supercarrier Service 6 >'t>« B'u» HtlHl BARBER 106* N ROTTERDAM N ROUEN BARBER TEIAS NEXT ARRtVAISN ROUEN 17 10 BARBER PERSEUS 17/10 N ROSARIO 7/11. BARBER HECTOR 7/11. N ROCHESTER 76/11 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA IPH1BME!!!!! BARKR perseus TOURCOMG BARS* KCTOi BOOGAfUI* Mm Kctpdif
      248 words

  • Page 21 Advertisements
    • 1119 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd ocw Overseas Containers Limited CONTAINfRSHIP SERVICE TO UK/CONTINENT tokto MT KNALOtR OTT V ED—MGH FRAME!*! EWRfSS HAMBURG EXPRESS OSAKA MT ■MEN EXPRESS KM VON HOC ROME EXPRESS Sport PKtian{ 19/10 21/10 27/10 29/10 4/11 t/U 11/11 13/11 19/11 21/11 21/11 20/11
      1,119 words
    • 759 21 Franco Belgian Services r.' c&*. r• (Mf MBt R OF AC f CONSORTIUM IULI COWMW SHWICt TO tUMHI mu cowwcow gma mow awpt J TQM FJKLMKIc H*»« I dam f Stw»t Han rHarai M 1< Oct (14 Oct) 4Nn 5 Hot 7 Hot tMn lllln 12«n OFMB 11*16 Mono BWX2
      759 words

  • Page 22 Advertisements
    • 533 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carrufe to Scamfinavia, Med, Carribean I S. America Inland haulage to inland destinations in Europe Spore Pftelang Penang leinesfMbao Genoa Hburg Rdam Bhaven A'aerp Mai Rickmers 0/11 10/11 12/11 5/12 17/1217/12- 11/12 Bertram Rickmers 14/11 17/11 19/11 14/12- 23/12 11/12- Etha Rickmers 25/11 2S/11 25/12
      533 words
    • 210 22 FIULY COWTAINERISf.D 10 FROM NORTH AMERICA WSI OJAM FUR MOTHFR VESSEI CRP K/K MOWS SUN 49C HKC 46E KOREAN WONS SUN 4# OCH 4« KOREAN MOMS UN S4E CONVENTIONAL SERVICE To/From BUSAN Hi •B £eas •.Ataulime Agents tor PT GESURI LLOYD PT BAHASI BAHTERA PT PERINTIS LINES 10 Collver Quay
      210 words
    • 502 22 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Linos) TLX R*****1 R*****2 INTERMARITIME LTD K Knibilu Tct: *****0 lafcarta let *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SA *K KM S p»« PI Ih An Q R CI IS/1217/12 24/1? 21/1* 12/1 20/1 25/1 27/1 30/1 Cameroon Shipping Ltnei 5.8.
      502 words
    • 1046 22 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) SGP MM KSG KLG PUS OH TTO EVE* GLORY 17/11 23/10 24/11 24/14 29/11 31/1* 1/11 (VCR Gf TED 24/10 30/10 31/10 2/11 VU 7/11 1/11 EVE* GLEAMY 03/11 07/11 00/11 10/11 11/11 15/U U/U EVE* GRAND U/U 15/U U/U
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  • Page 23 Advertisements
    • 995 23 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL KOTA WANGSA KOTA SEJATI KOTA AGUNG KOTA TIMOR VOYAGE HONGKONG SINGAPORE LOADING FOR: E-589 SLO 19-24/10 DJIBOUTI, HOOEIOAH. JEOOAH, PTSUDAN, AQABA E 591 1-2/11 6-11/11 DJIBOUTI. ADEN. HOOEIOAH. JEOOAH. AOUABA E-593 12-13/11
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    • 847 23 BEN USE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM B HAVEN RVAM HAWK BanaMer SaM Saded Saded Saded Krtano Mini Saied Saded Salad Saied Kauifa Mara Saied Saied Saied Saied C*» ft EtMwfkSjM Saied Salad Saded f'Mthrt Etpresi Saded Saied Saiod Saied Han*w| Erpreu Saied
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    • 581 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM STORE CONTAINER SERVICE 1 MA JAP AMI Vtt HB GOWA V2VtC BUS AM YOKOHAMA 11/ II 14/10 23/10 26/10 KAOHSAJNG HK STORI 20/10 22/10 27/10 1/11 1/11 1/11 S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE MAMMM! Unit CONA ¥24 MB WEST BOUND STtttt
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    • 629 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore P.KeUnc Myomaywa V9OW In Port/15 Oct Htoneywa V/205K In Port/20 Oct Phashweeyawywa V259W 20/22 Oct Pagan V9IW 29/31 Oct BANK LINE TAUSALA SAMOA FORTHBANK 22 Oct 14 Nov 9 Nov 4 Dec 24 Nov 12 Dec 19
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  • Page 24 Advertisements
    • 1596 24 K i'V L/ll^l —KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FECOCR VSI ASM STAR Ml MOTHER VSI IB* VSI SPORE 19 Oct PKIG ?0 Oct png 22 Oct STOW 24 Oct KOBE GUAYAQUR CAIIAO ARICA No. 0«c 2 bn 6 l»i IQUQU 7 l*> AfAGASTA S ANTOHO VALPARAISO lan 11 Iw 13
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    • 547 24 SiSJJ CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading lor lOS ANGUIS SAN IRAICISCO SiATTU TACOMA VANCOUVtR BC Ain-pliHf (CI (CI ConUnwfS BHAVABHUII BHADtTINDU Singapore 1 AngHes 10/11 Oct M No. 30/31 No. XOk AUSTRALIA EXPRESS CONTAINER SERVICE Aiitpliflg (CI (CI Containers JAPAN SERVICE loaMg tat Kobe Yokohama Osaka Afc*
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    • 519 24 GOLDEN LINE GUAN GUM SHIPPING (PTE) LTD Kajnf lunj Prontcul Bjn» BuM»( 40 CecA Street SKGATORf 0104 TFI *****90 (It IMS) T«l PuHj Lianpur 10/11 P Ke4»i( M7HI 36 Pjw Godjnt A ent OMNI LIOTO (M) SOU BHD TCL M 370 STRAITS/PERSIAN GULF SERVICE. S po'f f Hrunf Peflinj GOLDEN
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    • 419 24 INTRASEA (PTE) LTD. 10 Ansori Road "27 16 International Plaza Singapore 0207 Tel *****11 (lOLmesl o BREAKBULK SERVICE TO EUROPE/UK S parc P. KdM|lM6nt tar ANANGEL LBERTY 8M5915 SmM In Pwt tOTT ANT/U.K (AVON) VAN CONQUEROR *****16 9/11 12/11 ROT/«NT/UJ( (AVON) Atooti S«(*ore MTRAStA (Pit) ITO BOOKMG HMSII II Impm
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  • Page 25 Advertisements
    • 635 25 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member of the ACE Consortium TO EUROPE/UK (VIA SUEZ): P.Kriani Spore C PAUL 46W+ Sailed 16/10 TW BRIDGE 27W (21/10) 23/10 C CONTAINER 32* (28/10) 30/10 CR PARIS 2*l (4/11) 6/11 HK CONTAINER 47W (11/11) 13/11 OCHEF46W (18/11) 20/11
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    • 514 25 HEUNG-A SHIPPING Korean Flag Vessels DO»»*M SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN, INCHON J NTS Nf PIIINI AGENCIES Plf I ID Irt *****77 7 *****4 (Bookiofst ???7blo (OperationsI ????487 ??09?14 (Terminal i ??0?4S0 ??o?*>o4 (CIS) Ml mi* Al.l N! s lIINAS SETIA SON BMP Kl Irt *****0 *****4
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    • 867 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BURWNG 55, Martiet Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tdei Numbers RS ***** RS ***** RS ***** P. KELMG PENANG M/S SHARMAT IMN SOON SON. M>. IST ANO 2ND FLOOR. MESSRS HN THONG SttPPMG 127 Penan*
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    • 24 25 SIM SWEE JOO SHIPPING SDN. BHD. EXPRESS TO BINTULU Loadn( tar CONTAINERISED SERVICE JAMBATAN MERAH SDN. BHD. P. Kelang: *****6/7 K.L. *****7/*****1 Penang *****1/*****5
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  • Page 26 Advertisements
    • 604 26 Regional Container Lines 4 Sailings weekly Fast Reliable Regular Punctual Berthing P S.A. Mon, Tue. Thur. Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER. SPICIAIISID WAV* llftißS aWft II ABI t DSR-LIIMES VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE S' MUEH.HMISEN 4/SS PASERMLK 1/15 31 SANGERHRUSEN 3/15
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  • Page 26 Miscellaneous
    • 156 26 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C yA cT w Wind direction with speed m knots Wove height LEGEND R Thunderstorm Temperature c A Weather —S Wind direction with speed m knots v Shower r) Ram Wave height Cloudy Sky Surfoce winds ore indicated by arrows
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  • Page 27 Advertisements
    • 111 27 HSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG j. BAHARU LEOSHP SPORE *****M/*****56/*****44/*****93 *****1/4 TERMMAL 3H3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22MM/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE i iwy giw nn m rim mi m ettm fitm im rnTMiTTTiI gnMfTTTTTTT^TITir7¥fMII ii'iirv-MiiTTTinfTTT—-n.Tif.ygua Bin nrn^—iTinrfiTTMH^Mg^Mi:i!V'ii' .'itnnmTTTn i Mr. •■IHITHIM lll'll/V E/HTIWTRI ALSO ACCEPTWG FOR:
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    • 223 27 >&$`.(*^&<{:,]{$&,!"?$:\@|:/^*, Scan Dutch 9 To Europe (Med/UK/NC/Scan) TJTT irrrrrr: 6 Butane Sid 6 Butan( 17/10 B Butane 24/10 B Butang 31/10 B Butane 7/11 B Butane 14/11 B Butane Sid B Butane 18/10 B Butane 25/10 B Butane 1/11 B Butane 8/11 B Butane 15/11 VEBSEL/VOY I ACCfPTMG/SMLMG lutlandia 354
      223 words

  • Page 28 Advertisements
    • 320 28 EWEC WEST EUROPEAN CONTAINER UNES meekly nu con mo soma ma mttdkmm to CXNARY ISLANDS TENERIFE. LAS PALMAS. FUNCHAL PORTUGAL LISBON. LEIXOES (LCL ACCEPTABLE) SINGAPORE AGENT: ALPHATRANS SERVICES (SEA) PTE LTD TEL: 74*652*/ 74*6554 PET*LING JAVA AGENT: STARBONO CORP. SON. BHD TEL: 0-Ss***7/S57M* >ni,',"! 1 M'M N 1 3 CO.
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    • 326 28 IV Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S NO t AH r MUTT OA EAST AFRICA OCEAN ELITE 1 APOLLO PEAK 2 HEROINAE WEST AFRICA HIMALAYAMARU 1 18 Oct Mombasa. Daressalaam 25 Oct Port Louis. Reunion 8 Nov Mombasa. Daressalaam, Tanga NED COLOMBO OSAKA MARU HAYAKAWA MARU 17 Oct P
      326 words