The Business Times, 17 October 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, OCTOBER 17, 1985 75 CENTS
    12 words
  • 463 1  -  By JEFFREY TSANG PUNCHING HOLES in car parking coupons could be a thing of the past, along with the temptation to tape them up again, should the government take up a proposal by a local company to use portable parking meters.
    463 words
  • 472 1  -  Employers urged to care more for staff welfare By CHUANG PECK MING EMPLOYERS must be more caring, generous and open towards their workers if reforms of Singapore's pay system are to work, said Mr Lim Boon Heng, an assistant secretary-general of the National
    472 words
  • 308 1 THE NTUC would rather see starting pay increased than the abolition of the timescales pay system. It feels that the problem with timescales arises when an older worker at the top end earns unjustifiably more than the younger worker at the bottom simply because of his
    308 words
  • Article, Illustration
    73 1 THE SINGAPORE stock market was aUe to aknork profit taking pre— without mack effort yesterday. Tke BT Composite Index gnined 4.18 points to <47.(4, while the Straits limes Industrial Index ekaiked np AM psints to 751J«. Gainers tknmped loners 125 to 35 oa a moderately klgker turnover of
    73 words
  • 197 1 Bernama MALAYSIA is liberal in allowing borrowings in foreign currency for funding projects that can boost national productivity, especially for export-oriented industries, the Dewan Rakyat (parliament) was told yesterday. Deputy Finance Minister Datuk Sabbaruddin Chik said the government was also aware that the
    Bernama  -  197 words
  • 265 1 Reuter LIGHT INTERVENTION on currency markets by leading central banks moderated but failed to erase further gains for the dollar yesterday as optimism over prospects for the American economy led the US unit higher. Acting on an accord agreed last month between
    Reuter  -  265 words
  • 48 1 AFP PUNJAB'S new moderate Sikh administration yesterday pledged to keep the state an "integral part of India" and not to allow secessionist tendencies. State governor Arjun Singh said the administration would give "no quarter to any separatist or secessionist ideologies or activities". AFP
    AFP  -  48 words
  • 343 1 MOTOR k LEASING (Singapore) has arranged a 6.2 billion baht-equivalent loan with a number of major US and Japanese banks (or the revamp of the Bangkok bus network contract which it is bidding for. The terms of the US$25O million loan, arranged on behalf
    343 words
  • Page 1 Advertisements
    • 102 1 IbpsinCarAucßo Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD. Singapore Phone *****22 Kuala Lumpur Phone *****3/*****0 ■anang: Phone *****/***** Jakarta: Phone *****9 Every 1 hursday at 1.15 pm Come see the latest and most exciting fashions, swimwear and sportswear. Brilliantly displayed by pretty models from Hlannrquin Art* Stnfeta A show
      102 words
    • 309 1 Country clubs: Exclusivity is an expensive business IT USED to be long queues of people knocking at the doors of country clubs and willingly paying huge sums of money to become members. Now the long lines fill the columns of classified ads trying hard to sell the once-coveted membership. Turn
      309 words
    • 48 1 Annual wag* talks in naw QE agraamant, Paga 16 Full rsport, Pag* 13 Asian stocks, Rags 11 Intl stocks, Pag* 10 V 1? v V tN* J Q \l I I I I The Sports Fbjpie 10A Collyer Quay #01-16 L Ocean Building .Annexe L Singapore 0104 r™
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    • 0 1 *,%..@;):[['<\+}$<%/~*,.^^||?|:
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  • HOME NEWS
    • 544 2  -  Radio-cassette recorder output plunges this year By BOEY KIT YIN THE PRODUCTION of radiocassette recorders took a dive in the first half of this year in sharp contrast to last year when factories were kept working at full capacity. Exports increased in the same period as
      544 words
    • 102 2 SEMBAWANG SHIPYARD is getting about an additional 750 hours of work each day from its workers who hope to increase the yard's productivity. The president of the Sembawang Shipyard Employees' Union, Mr Peter Vincent, said the workers will each voluntarily put in an extra 30
      102 words
    • 475 2  -  By MONICA GWEE A SPADE IS A SPADE but a gemstone is never just a gemstone. The chances that it may be a fake are very high and, these days, excellent fakes ensure that what glitters most is probably the crook's bank
      475 words
    • 277 2 SOME MAY THINK that imitation is the best form of flattery, but BristolMyers (Singapore) obviously did not when another company counterfeited its Windex glass and household chemical cleaner. It swiftly brought Ngee Cheong Hang, a sole proprietor, to task for infringing and passing off as
      277 words
    • 194 2 A ROUND-THE-WORLD air ticket plus a $7,000 cash prize awaits the winner of an essay competition sponsored by the Singapore Merchant Bankers' Association (SMBA). As part of its tenth anniversary celebrations, SMBA is organising the competition with the assistance of the Faculty of Accountancy
      194 words
    • 123 2 BRINGING foreign undergraduates and Singapore families together is the aim of a scheme primed to go on Monday, the start of the month-long university midterm break. The National University of Singapore is looking for host families for some of its foreign students
      123 words
    • 275 2 THE POSSIBILITY of Singapore sinking slowly into the sea, scuppered by the weight of more and more high-rise buildings, was reassuringly ruled out by a piling and excavation specialist with a sense of humour yesterday. "There's no danger of Singapore sinking in spite
      275 words
    • 162 2 A NEW TAXIWAY. built at a cost of $3.5 million, will soon be available for aircraft to transit between the two runways at Changi Airport. Measuring 722 metres long and 30 metres wide, the North Cross Taxiway I will relieve aircraft traffic congestion at the
      162 words
    • 573 3  -  By BOEY KIT YIN FEW PEOPLE would dispute the fact that small businesses are an asset to a country. Fewer would argue that they serve a useful purpose in cushioning the hard blows of recession. But a small business cannot be a truly useful
      573 words
    • 109 3 (Chinese) 'hS4fcik£Hl*W*tS M'J> A&J£4a&#—• BPf£ 3 -5 f«J g S i§ ft ?'{fj a N* 'hS4fc*£*e-tt*f#iJ6U &m (IS fiin'h3B±Att« tt*ffeJ|jEJ«fc mr±mm 'h §!!£>&£ 1- -b w a^«#«3* e#si* £ttife3KM fl wms «-fi» fb m m wit* is±tb3E*i& Aft-£ o £*i£*r*i+#j *W& Si i£# m tti& _h mm tasai s^a» *>5j
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    • 431 3  -  By YAP BOH HOON PERSONALLY WRITING 1,610 letters to customers was the Telecoms general manager's way of achieving excellence in the public service. It is part of Telecoms's "pro-active approach" to reach out to customers, and it will not wait for them to complain
      431 words
    • 291 3 COMPANIES must see quality as a key issue of management if they are to compete effectively in the international trading arena. This was said yesterday by the Acting Minister of Labour, Mr Lee Yock Suan, in his opening address at the 1985 Productivity Congress. The
      291 words
    • 219 3 CONTRACTORS have already borrowed $84 million from the Housing and Development Board under an interest-free financing scheme to upgrade construction techniques. The amount, borrowed since the board introduced the scheme in 1981, was mainly for the purchase of equipment and formwork by HDB contractors,
      219 words
    • 75 3 MARCO POLO credit card holders need no longer spend a lot of money to get a 10 per cent discount on food and drink. Previously, they needed to spend $2,000 at the hotel (not necessarily at one sitting) before they were given a discount. Now, the amount
      75 words
    • 536 3 A NEW GOVERNMENT training programme, worth an initial $900,000, will bring the benefits of computer-aided drafting and design (CADD) systems closer to small industries. A decision by the Economic Development Board to introduce the new microcomputer-based CADD systems into the curricula of all its training
      536 words
    • 306 3 ONE OF THE WORLD'S pioneers of modern biotechnology is coming to Singapore to talk about the future of the fastgrowing industry. He is Dr Ronald E Cape, the co-founder, chairman and managing director of the Cetus Corporation medical group. Dr Cape will be addressing the opening
      306 words
  • Page 2 Advertisements
    • 198 2 The fib But only until Oct 31 1985 If you open a fixed deposit account with us today, your money will be earning more interest than it could with any other bank in Singapore. We are paying 6 per annum on 1-month, 6% per annum on 2-month, 5 3 A%
      198 words

  • Page 3 Advertisements
    • 69 3 reasons why you'll praise the day you moved in... An optional Six Year rental structure Six rental levels to suit your pocket Perfect location in Raffles Place, with direct basement access to the MRT Column-free floors Superb finishes Spectacular views Standard Chartered Standard Chartered Bank 6 Battery Road Singapore 0104
      69 words
    • 79 3 Hie German Experience with the Distinction *vir> i *'A W&4, Experience the timeless pleasures of dining on authentic German cuisine; specialities from the Barons own smokehouse and roast spit. Or on international ala carte cuisine. (At) *R AIR At the Barons Table. K' g SABM Simply the best in toum
      79 words

  • OVERSEAS
    • 361 4 Report seeks radical changes to prevent economic decline Reuter AFP SENIOR BRITISH politicians have produced a doom-laden report on the state of the economy, predicting that the country would face a major social and economic crisis unless the government made radical policy changes. The
      Reuter; AFP  -  361 words
    • 231 4 AP MOHAMMED AJEEB, Britain's first Asian mayor, has called for the scrapping of the country's Race Relations Act because "it has never worked". A)eeb, the 47-year-old Lord Mayor of Bradford, a northern KngHati city with a large Asian population, said that
      AP  -  231 words
    • 364 4 Reuter BRITAIN has pledged to help combat terrorism in India by setting up legal machinery to send back London-based fugitive extremists (or trial in India. British officials said on Tuesday that Prime Minister Margaret Thatcher made the promise during talks with Indian leader Rajiv
      Reuter  -  364 words
    • 188 4 FT EUROPEAN foreign ministers have urged the US to produce positive counter-proposals on arms control to respond to the Soviet initiative for a 50 per cent reduction in nuclear weapons delivery systems. At the same time, they endorsed the strong caution of Washington towards
      FT  -  188 words
    • 336 4 Reuter the 19» Ht. Economics sharply criticised Preset Reagan's economic poadtes and said massive federal budget deficits meant disaster (or future generations. Economist Franco Modigliani, a professor at the Massachusetts Institute of Technology (MIT), called the deficit and its impact on the world "a tragedy much
      Reuter  -  336 words
    • 223 4 Reuter THE SOVIET economic plan announced by Communist Party leader Mikhail Gorbachev suggests that central planning will continue to play a prominent role. At a one-day party central committee meeting on Tuesday, Gorbachev outlined the party blueprint that will guide the country into the 21st century.
      Reuter  -  223 words
    • 293 4 Reuter UPI CONGRESSIONAL investigators yesterday proposed the most radical overhaul of the US Defence Department in almost 30 years to remedy serious deficiencies which they said undermined the country's ability to fight a war. Among other things, they recommended abolishing the Joint chiefs of
      Reuter; UPI  -  293 words
    • 216 4 AP THE US coukl earn USJ6 billion next year by selling to foreigners the right to export some goods to the US, said the presiding officer of the US International Trade Commission. "That would represent significant seed money to plow back into raising our competitive
      AP  -  216 words
    • 792 4 AfW kiarj ITW HP Operator MAS MAS MAS MAS AC S#rvic# MH68I MH603 MH605 MH811 AC858 Local l«H 0820 0905 0930 0940 0940 From KUL KUL KUL PEN YYZ/LHR/BOM MAS RBA SIA CPA GIA SIA SIA THAI SIA MAS GIA MAS SIA SIA GIA SIA SIA MH67I
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    • 358 6 Western computers but not military hardware Reuter MAJOR WESTERN industrial nations have decided to slash curbs on high-tech exports to China by 50 per cent, according to officials travelling with US Vice-President George Bush in China yesterday. They said the Paris-based Coordinating Committee (Cocom) had
      Reuter  -  358 words
    • 148 6 AFP THE EUROPEAN COMMUNITY has authorised France to suspend indirect imports of television sets from Japan, cotton cloth from China and Yugoslavia, and undergarments and hosiery from South Korea until the end of the year. The executive commission found that indirect imports of Japanese
      AFP  -  148 words
    • 260 6 UPI THE AUSTRALIAN government is considering relaxing its export and foreign investment controls on minerals and other resources. Government sources in Canberra said yesterday that several submissions either before the federal Cabinet or due to be considered soon were aimed at reducing government regulation
      UPI  -  260 words
    • 129 6 AFP JAPANESE CAR MAKER Mazda yesterday announced and then promptly withdrew news of its intention to quit sponsorship of international tennis in Australia because of the government's new tax squeeze. First Mazda announced that the Asloo,ooo tournament it sponsored in Brisbane last week would be its last
      AFP  -  129 words
    • 279 6 AP THE DEFENCE in the Indira Gandhi murder trial, seeking to prove a family conspiracy, has demanded that the prosecution provide records of the late prime minister's Swiss bank account and income tax returns. Other documents sought by the defence include Mrs Gandhi's
      AP  -  279 words
    • WORLD IN BRIEF
      • 53 6 CHINA HAS approved USUI billion worth of foreign investment since its open-door policies began in 1979, the official news agency Xinhua said on Tuesday. But as of June, only $4.7 billion had been spent, Xinhua said, quoting Zhang Yuejiao, an official from the Ministry of Foreign Economic
        53 words
      • 45 6 THE US AND the Soviet Union opened talks on Tuesday about resuming direct air travel between the two countries. The aim is to reach an agreement before President Reagan and Soviet leader Mikhail Gorbachev meet in Geneva on Nov 19 and 20.
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      • 59 6 CHINESE DESIGNERS are about to unveil a new line in pain-killing clothes at a fashion show in Paris, the China Daily said yesterday. The clothes are padded with traditional herbal remedies to prevent pains caused by cold, damp and stress, the newspaper said. The medicines will be sewn
        59 words
      • 54 6 PATENT OFFICE heads from Japan, the US and Europe have agreed to begin sharing electronically stored patent information at the beginning of 1986. The officials, meeting in Tokyo for the third annual trilateral patent conference, said they also agreed to work towards harmonisation of different patent procedures
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      • 49 6 CHINA HAS completed the test launching of an unidentified carrier rocket in a target area in the East China Sea north of Taiwan. But a short notice to mariners carried by the official Xinhua news agency on Tuesday did not say if the test was successful.
        49 words
      • 56 6 FOREIGN CONSTRUCTION orders to South Korean contractors in the first nine months of this year shrank by 42 per cent from the same period of last year to U552,926 million. Overseas construction orders received in September alone stood at $310 million, according to statistics released yesterday by
        56 words
      • 54 6 NEW-CAR SALES in the US fell 10.1 per cent in the first 10 days of October, the major car manufacturers reported in Detroit on Tuesday. The decline followed the end of a highly successful round of incentive programmes that pushed sales to record levels in September and
        54 words
      • 67 6 THE US SHOULD cast aside its system of weights and measurements and convert to the metric system promptly, Senator Claiborne Pell, the ranking Democrat on the Foreign Relations Committee, said in Washington on Tuesday. Indifference to the metric system has left the nation out of step
        67 words
      • 56 6 Agencies THE KAMPUCHEAN Communist Party yesterday re-elected Heng Samrin as its leader, the official SPK News Agency reported. It said in a transmission monitored in Bangkok that a party congress at the end of a four-day session also re-elected all politburo and central committee members, but increased
        Agencies  -  56 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • 79 4 Doonesbury BY GARRY TRUDEAU PR. P, WHYPO OECAUSZ7HEIR YOUF&LTHE GENERATIONAL 900MERS ARE IPMTITYHAP YOU PRESS A 38-YcAR-OU? BABidOOMEK, ANP HE'LL USUALLY APMTT THAT IN HIS HEART OF HEARTS HE STILL TWNKS OF HIMSELF AS vm 9 1 *<T\ m :Sfc* «S&SSMBSS#^SSSS •:<• E» »-T.V 6*fr< A: OLTT PONT YOU IHNKTHAT
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  • Page 5 Advertisements
    • 99 5 •t V Ml THE PEAK TOP (W THE READING LIST A superbly produced magazine. Containing articles by wellknown writers and photo-journalists. Covering the most interesting and varied range of subjects. From holidays to haute couture. These make The Peak top of anyone's reading list. However, not just anyone can subscribe.
      99 words

  • Page 6 Advertisements
    • 273 6 Corporate Card cMNatsaue i T Sf.i TWO >Jl:;. r w. j niiuwwuivu. F* <* tut HI N ■<| r '<< Ufe QSHI aUS > >' DiNf* K Ciy* 3112 3*SblB 000* Hi yfe Nf: <*lff I'■ *#v?* Wlf Ml ?i f > i r- -i% '>■ > Just ask the
      273 words
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      31 words

  • BANKING AND FINANCE
    • Article, Illustration
      651 7 SINGAPORE THE US dollar yesterday closed firmer against mo6t major currencies in active and nervous trading but below the day's highs on central banks intervention. It closed firmer at 216.06/15 yen compared with New York's 215.80/90 close but below the morning's high of 216.60. It closed firmer at
      651 words
    • 207 7 Interbank rates at 3pm yesterday: Md Offer ci roao parity change Local dollars to ona unit of fortigfl US dolor 2.1430 2.1440 2.8196 -2400 Sterling pound 3.0248 3 0284 7.3469 -58 83 Australian dolor 1.4979 1 5008 3.4286 -56 31 NZ dolor 1.2493 1.2542 3 4286 -63.56 Canadian
      207 words
    • 353 7 BA Futures EURODOLLAR futures yesterday opened higher with a slightly bullish outlook. It was eased by the Fed's injection of reserves on Tuesday night and lower expectation of industrial production figure last night. The trading range was limited to 91.67 and 91.69 after the initial opening at 91.68 in
      BA Futures  -  353 words
    • 249 7 HONGKONG: GOLD yesterday closed little changed in fairly quiet trading in the absence of new factors. Dealers said traders continued to stay out of the market to assess the direction of the US dollar. It ended at U*****.75/326.15 an ounce compared with New York's 325.80/326.30 and a previous close
      249 words
    • 124 7 THE OVERNIGHT rate on the Singapore interbank money market rose by H point from Tuesday to close at 5H per cent yesterday. The one-month term rate was unchanged while the two- and three-month rates rose by 1/16 point each. Discount Prices At yesterday's dose Price» offered by drscount
      124 words
    • 326 7 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels. Short-dates were steady to slightly higher at the outset, aided by a marginal rise in the US Fed funds rate and they were unchanged in later trade. Overnight and Thursday/Friday closed at BV4 BVi per cent and week-fixed
      326 words
    • 445 7 Reuter EFFORTS are underway to develop a long-term market (or debt securities in Hongkong, but bankers believe it will take time, given investor preference for short-term securities. The government-owned Mass Transit Railway Corp launched HKJ7OO million of 10-year bearer participation certificates last month and
      Reuter  -  445 words
    • 161 7 AP SUDAN'S Prime Minister said his government had no hope of repaying its debt, and wanted half of it turned into grants. Speaking at a news conference on Tuesday, El-Gizouli Dafa'alla also said his country, formerly a staunch US ally, was no
      AP  -  161 words
    • 343 7 NYT PAUL VOLCKER, the chairman of the Federal Reserve Board, said he had turned down an offer of the presidency of the World Bank, which the Reagan administration wants to make its principal agent in helping the developing world deal with its debts.
      NYT  -  343 words
  • Page 7 Advertisements
    • 128 7 Every 2.5 seconds, someone rents a Hertz car. Staying as the world's No. 1 car rental company is not easy. It means you have to offer better service, better deals. At Hertz, we've been doing this for years. Maintaining the toughest safety standards in the business. Providing fast reservation confirmations
      128 words
    • 177 7 Loans ina flash/ IsOS /za. Now at Citibank you can get a loan of up to $50,000 in just 24 hours at a new. more attractive interest rate of 6Vi% p.a. discounted. No collateral is needed. As long as you are above 21 years of age. earn $2,000 or more
      177 words

  • FEATURES
    • 483 8 THE TIME HAS COME, some pundits cry, to talk of certain peers. Of jobs and wages, MRT, and Singapore engineers. And talk some certainly were prepared to do, with distinct candour. But engineers are not the only people we would associate with the difficulties of
      483 words
    • 1199 8  -  Applications for previously coveted memberships showing marked decline Once, there were long queues of people seeking membership to exclusive clubs; now another queue is forming to sell the once-coveted membership. But these days, there are few takers. ELAINE KOH reports. ELAINE KOH TWO TO THREE years
      1,199 words
    • 273 8  -  Letters to the Editor JACK O'RYAN Dear Sir, I refer to the article in yesterday's BT by Homer Chen which described the exciting proposal by TL Lau Management Consultants and the positive assertion that an investment of $4 million, more than the $20 million
      273 words
    • 191 8  -  SIMON MACAULEY Dear Sir, We refer to your article in yesterday's BT by Homer Chen on Haw Par Villa which highlighted the proposal by T L Lau Management Consultants. Hurray! We will be so keen to come back to Singapore again for this is "only
      191 words
  • Page 8 Advertisements
    • 50 8 Lufthansa. The European Express. ■w J. 4V' mm Lufthansa has direct flights to Frankfurt. From Frankfurt there are swift and convenient connections to 58 European destinations. And, as with any good express service, Lufthansa's return flights will bring you home just as conveniently, just as swiftly. Lufthansa German Airlines 8
      50 words
  • Page 8 Miscellaneous
    • 686 8 @2©OTDIi© CRYPTIC PUZZLE ACROSS I Overhauled and confirmed OK (6) 7 As heord, I moke the high-pitched sound of a cornet (3. 5) 8 It could hurt m a moment ot onger (4) 10 Good-heorted fellows (6) 11 Something snappy to take on holiday (6) 14 Person of colourful politics
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  • SPORTS
    • 121 9 AP UNSEEDED AMERICAN Bud Schultz scored a 6-4, 6-4 upset win over defending champion Anders Jarryd of Sweden in the first round of the U*****,000 Australian indoor tennis championships. Schultz, 26, played aggressive tennis and dominated the net against second-seeded Jarryd. Big-serving Chip Hooper
      AP  -  121 words
    • 110 9 A MERCEDES BENZ 190E is the glittering hole-in-one prize at the 12th annual Singapore Manufacturers' Association golf tournament. The prize is on offer in the four-ball best ball event which will be held for two days beginning tomorrow at the Tanah Merah
      110 words
    • 683 9 UPI WITH A SURVIVAL instinct lacking in past autumns, the Kansas City Royals used George Brett's home run to force a decisive seventh game in the American League play-offs with a 5-3 victory over the Toronto Blue Jays on Tuesday night. Brett hit a
      UPI  -  683 words
    • 524 9 AFP THE WIDE GAP between the big and the small was all too clear as the chairmen of English soccer's professional clubs argued over the future of the game on Tuesday. John Smith, the chairman of Liverpool, champion for a record 15 times, believes
      AFP  -  524 words
    • 636 9  -  By WALTON MORAIS THE BRITISH CHALLENGE in the 1987 America's Cup is to be selected from two separate designs, one of which is described as a radical, high-risk programme. Harold Cudmore, the skipper, sailing manager and director of the British challenge, said: "The first design
      636 words
    • 313 9 UPI KAREEM ABDUL-JABBAR, the NBA's leading scorer who at 38 years old led the Los Angeles Lakers to the league title last season is close to signing a contract extension for the *****7 season. Lakers general manager Jerry West said: "Naturally we're delighted that
      UPI  -  313 words
  • Page 9 Advertisements
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      80 words
  • Page 9 Miscellaneous
    • 1139 9 fUVIA'NDIRwDTO Madolyn Smith aa the halplaas wife who is at tha marcy of har maritally unatabla husband THURSDAY FEATURE SPECIAL Daadly Intantions 9.55 pm, Channal 5 Marital bliss becomes a sick joke in this disturbing drama about a newly married housewife who is terrorised by her demented husband. His various
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  • INTERNATIONAL STOCKS
    • 376 10 FT LONDON STOCK Exchange council members have been warned that a plan by international securities dealers to regulate their own affairs could endanger centralised securities trading. At a meeting of the 52member ruling council on Monday, deputy chairman Richard Lawson
      FT  -  376 words
    • 88 10 AP EASTERN AIRLINES applied on Tuesday for rights to United Airlines's route from Seattle, Washington, and Portland, Oregon, to Japan. The US Department of Transportation has said it would open Unitetfs Japan route for new applications as a result of the United- Pan American World Airways
      AP  -  88 words
    • 335 10 Reuter THE WALL STREET stock market finished with a modest loss on Tuesday after an unsuccessful attempt to take a rally above the record level set in July. The Dow Jones Industrial Average, which gained almost 27 points in the previous two
      Reuter  -  335 words
    • 93 10 OCT 15 CJ Hud Boy M«i 6* 50V mh 16* Abrtto 17 42* 33% Inf UH 16 18% Kerr Add 1514 Lobtaw B 20 29 3% 12% Mc Btodd 18 M Cooodo 40* inch 17% BP Con Ltd 29* 24% 32% 36 14% 16 4 Carting OK««f« 12% 341*
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    • 201 10 OCT 15 UhMC 590 unch Wootwortti 1275 25 INOUSTV1AL5 MININGS A Alpha 850 3450 125 160 *****6 300 A£ And O 800 10 1500 25 450 Buffch 7700 275 AA/5T' OP 2850 25 Charter 800 20 1140 35 Cora Gold 1830 30 2250 -50 1170 45 CNA 220 1325
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    • 658 10 OCT IS us$ Ale on Akmn Alcoa ABaghany Lud Afcad Cham Cp Afead Storm AJb-Chatmare Am Brandt he Am Broodcost Am Can Co Am Cyananad Am Eiac Pwr Am Expraw Am Horn* Prod Am Motort Cp Am Natwal Gin AmTdt Tat Amo« tnc Amarodo Haw AAAF tnc Amr
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    • 899 10 Amsterdam OCT 15 Fb ABN 494 50 55 94.80 1 Ahold 258 50 +1.5 121 30 +0 1 AMEV Amtoi Amr o Bonk Barfce* Bolt 69 50 85 70 38 70 445 00 07 7l.3 02 15 Botkote Bur Tat Calond 99 70 447 00 +02 +6 MM|
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  • Page 10 Advertisements
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      446 words
    • 116 10 London stocks on pogo is Lounge Enjoy the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with the versatile quartet Body n Soul from the Philippines. They'll captivate you! Happy Hours: spm 7pm. 5Q% off all drinks (pouring brands) CRown ©PR/WCE
      116 words

  • ASIAN STOCKS
    • 399 11 HONGKONG: Share prices yesterday closed higher in revived trading and sentiment was bullish following the Hang Seng Index's rise above the 1,600 on Tuesday. The index gained 15.48 points to close the half-day session at 1,618.37. Among leaders Cheung Kong rose 20 cents to HK$lB.9O, China Light 20 to
      399 words
    • 236 11 OCT 16 Al Sincere Irxfcjs Avo Cement NT 304 1890 24 30 0 11 03 0 2 Lien Hwa Indus Nan Yo Plas Pocific Cons Pocihc Elect W*e 12 65 25 00 15 00 13 25 0 99 0 35 0 8 0 15 025 unch Chang Hwo Bank
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    • 382 11 TOKYO: Share prices yesterday ended mixed with most blue chips higher but the market average falling 18.96 to 13,036.56, after hitting a high of 13,079.03 in early afternoon trading. Turnover was 480 million shares against 430 million on Tuesday when the average gained 38.28 to a record closing 13,055.52.
      382 words
    • 110 11 MANILA: Share prices yesterday closed generally unchanged in quiet trading. The Commercial and Industrial Index fell 0.19 to 176.28 while the Mining and Oil Markers were unchanged at 698.30 and 0.779 respectively. Apex Mining B rose to 0.01 from 0.009, Phelix B fell to 0.14 from 0.1450 and Philippine
      110 words
    • 324 11 SYDNEY: Share markets yesterday rallied from a weak start to close firmer, boosted by BHP and leading resource stocks. Brokers said the turnaround was caused mainly by a lack of stock. Good volumes in a very few companies inflated thin turnover, they said. The All Ordinaries Index, down four
      324 words
    • 57 11 OCT 16 Won 709 Hyundoi Corel Hyundoi Motor KAL 910 905 475 unch 14 45 691 736 unch 42 1340 564 440 4 489 -f 9 Lucky Ltd 614 45 645 barmung Co 690 -10 +3 28 unch -6 -2 907 ->-50 Somhwor 1210 -6 761 635 1142 +1
      57 words
    • 124 11 BANGKOK: Share prices yesterday closed mixed in light trading. The Book Club Index was unchanged at 132.00 as declines led advances by a margin of nearly a two-to-one. Turnover rose to 169,681 shares worth 29.1 million baht from Tuesday's 137,251 shares worth 27.3 million. OCT 16 Mm Sam Cement
      124 words
    • 63 11 Reuter REUTERS HOLDINGS PLC launched on Tuesday an on-line financial information service in the Japanese language. The service combines news and financial market reports in Japanese with real-time foreign exchange and money market rates delivered through an intelligent terminal and colour video monitor. It is available
      Reuter  -  63 words
    • 236 11 AFP THE LIQUIDATORS of Carrian Investments Ltd (CIL), the oncepublicly listed company of the now defunct Carrian empire, have announced that CIL has a HKJ7OO- reduction in debt. The joint liquidators of CIL and its 94-per-cent-owned subsidiary, Snowbright Co Ltd, said on Tuesday that the
      AFP  -  236 words
    • 169 11 Reuter TWO MAJOR Japanese oil companies, Nippon Oil Co Ltd and Mitsubishi Oil Co Ltd, have linked their refining operations in addition to coordinating their purchases and deliveries. A Nippon Oil spokesman said that in line with the Ministry of International Trade and Industry's
      Reuter  -  169 words
    • 369 11 Reuter SURPLUS CASH accumulated by Japanese corporations and financial institutions has turned tokkin, the rapidly growing money trusts, into a major force in the Tokyo stock market. Stock analysts say funds deposited with trust banks by corporations, insurance companies and other institutions for portfolio
      Reuter  -  369 words
  • Page 11 Advertisements
    • 606 11 I Siere ta wte, din* aM m% For delightful dinners with popular local flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going. Buffet Dinner is at S$ 14.00+ per person. The Luna Coffee House. We've got
      606 words
    • 121 11 It I i 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. T u What's SO SPECIAL at the New Orleans Restaurant? ttu 1 *2 -'I U T-I P *4* I > > •i Our
      121 words

  • RAW MATERIALS
    • 469 12 Reuter VOLUMES traded on the London Metal Exchange (LME) fell sharply during the year October 1984/ September 1965. Price volatility has been more closely associated with the violent fluctuations in currency rather than supply and demand of metals. Turnover comparisons showed copper and aluminium
      Reuter  -  469 words
    • 414 12 AFP BETTER-THAN-EXPECTED yields in Africa should boost world cereal output this year to a record 1.884 billion tonnes, the UN Food and Agriculture Organisation (FAO) said in its monthly report on food supply. The latest figure, issued on Monday, is eight
      AFP  -  414 words
    • 183 12 AP THE INTERNATIONAL Sugar Organisation has invited top-level officials from leading exporting countries to talks next month. The aim is to open the way to negotiations on a new price stabilisation agreement for sugar. ISO delegates said the initiative for the talks, to which
      AP  -  183 words
    • 112 12 WHEAT FUTURES on Tuesday closed to IV* cents a bushel lower in dull trade. December ended near the bottom of a 3V« cent range. Nearby December was under some pressure following the closing of the St Lawrence seaway to grain exports out of the Great Lakes because of a
      112 words
    • 107 12 SOYBEAN FUTURES on Tuesday ranged from unchanged to 2Vi cents a bushel higher at the close of a dull session on the Chicago Board of Trade. November traded in a narrow three cent range. Midwest harvest conditions improved, although prices did not fall off as cash prices below the
      107 words
    • 244 12 SINGAPORE THE MARKET yesterday closed easier with November One RSS buyers quoted at 162.50 cents per kilo, down 1.50 cents from Tuesday, dealers said. The morning session lost one cent following lower overseas advices in quiet trading. Prices weakened half a cent in quiet afternoon trading on fresh selling
      244 words
    • 287 12 Singapore (SJ/krto, ei-godown) Frogront new crop 1st 076 2nd 0 54 3rd 052 New Crop 25% no stock 10% no stock Thai Broken A-super 054 Spectol 0 52 Thoi Rice 55% no stock China Rice 10% no stock 15% 072 25% no stock 35% no stock Thoi Boiled Rice
      287 words
    • 128 12 MALAYSIAN crude palm oil prices yesterday closed higher on further covering and late speculative buying interest following Pakistan's purchase of RBD palm oil at its tender for first half December shipment. In the October position, south region rose Mslo to $655 per tonne and north five to |645
      128 words
    • 1140 12 COFFEE ROBUST A FUTURES yesterday remained firmer to midday on sentiment, at up £21 to £16 a tonne from on Tuesday night's close, but were off the highs of a maximum £20 traded range, dealers said. The market fluctuated throughout the morning as it attempted to break convincingly
      1,140 words
    • 104 12 THE KUALA LUMPUR Tin Market yesterday (M nine cents Ugher at MmM per Id!» on mailer offerings, dealer» nil The lewer tintver of 18 teaaes, against lit an Tieatey, was mainly die te miners holding back supplies, reflecting naattraetlve levels since the begtiing s( this msath. The haffer
      104 words
    • 165 12 Yarn (In HK$ per boW of 400 lb) China corded yarn, cones Blue Phoenix 16't 2,500 Blue Phoenix 2Cs 2,550 Blue Phoenix 32's 2,950 Blue Phoenix 40*s 3,300 Carded yarn, honk Bkie Phoenix 2l's 2,750 Combed yam, cones Blue Phoenix 32's 4,100 Blue Phoenix 40* s 4,300 Open-end yarn
      165 words
    • 319 12 RAS prices hi S cents/kg, FOB in b< lies MOON aosE Buyers SeBers Beyers f -M. Int 1 RSS Prompt 161 50 162 50N 161 00 162 00N Int 1 RSS Nov 85 163 25 163 50 162 50 163 00 Int 1 RSS Dec 85 164
      319 words
    • 86 12 (ccnti/kg, 1-ton **•*> NOV 85 DEC 85 (curroii it month) (forwon i month) NOON NOON RAS Bwy«r* Sellers Sttttrs SSR 20 152 50 154.50N 153.50 155 50N SSR 50 150 50 152.50N 151 50 153.50N MRELB far*. StHtn S^Urt SMR CV 213 00 215.00N ***** 216.00N SMR
      86 words
    • 150 12 Chin— Product Exchange (StWtrs' noon doling pricot on Oct 16 (S$/100 kg) Coconut oil Bufc FOB 75.00 Old drum FOB 88 00 N*w drum FOB 92 00 Copra Mixed (loose) 40 buyers Pepper Murttok White FOB NLW 930 00 Sarawak White FOB toq NLW 920 00 Sarawak special
      150 words
  • Page 12 Advertisements

  • SHARE INFORMATION
    • 4345 13 IN SPITE OF intermittent bouts of profit-taking, the Singapore stock market yesterday continued to extend the gains made on the previous day. Malaysian-based issues continued to hog the limelight, but many local counters, principally banking and finance stocks, held up quite well and
      4,345 words
    • 287 13 SINGAPORE Rises Indices Oct 15 Oct 16 U M Flow 900 ♦65 BT Comport* 643 46 647 64 Foofc Haw 344 24 IT M4ko*O> *****71 *****01 Kion Mo 50« 280 21 BTOB/OS -334 -251 HK Tm Corp 50« 290 20 IT CAM 5403 -5322 Rosy Elocl 510
      287 words
    • 4865 13 BID and offer prion 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'.
      4,865 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 646 14 WHEN a new management team under Sime Darby stepped into Dunlop Malaysian Industries (DMIB) more than five months ago, it found a company that had lost its direction. "It did not even have a clear set of priorities," according to recently
      646 words
    • 219 14 THE Ms 6 PRICE TAG for each Antah Holdings share to be issued for the proposed acquisition of Permanis Sdn Bhd took recent market prices into account, said the company in response to a KLSE query. The company has said the net
      219 words
    • 3667 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the Dumber of shares traded riwwn in brackets in lots of 1,000 units unless otherwise specified. MDUSTRMLS A Owe (3 066) (2) 3.10 (1) 3 04
      3,667 words
    • 518 14  -  By RAMESH CHANDIRAMANI THE CHAIRMAN and managing director of South Pacific Textile Industries Bhd (SPTI), Mr David Nai-Wai Lee, has sold more of his company's shares. Mr Lee, who had already disposed of a 23.2 per cent stake earlier this year, disclosed in a
      518 words
    • 82 14 MALAYSIAN Resources Corporation Bhd has denied officially that it may have to hive off some of its assets from its manufacturing and other divisions as part of a rationalisation exercise. Replying to a KLSE query, MRCB said there was no official communication from the company to confirm
      82 words
    • 112 14 HONGKONG Tuesday 1496.8 Hong Seng Index Wednesday 1618 37 Week ago 1483 4 Tuesday 1602 89 NEW YORK Week ago 1587 99 Dow Jones TOKYO Tuesday 1350 81 Monday 1354.73 Tokyo Nikkei Week ago 1325 49 Wednesday ***** 56 Tuesday ***** 52 Standord Poors Week ago *****.20 Tuesday
      112 words
    • 282 14 Monogers' prices for Oct 17 Singapore Unit Trust The Commerce 1 77 1 88 The Savings Fund 1 29 1 37 S'pore Prog Fund 0 76 *0 81 S pore Sec Fund 109 115 S'pore Invest Fund 0 76 0 81 S'pore Equrty Fund 0 78 0 83
      282 words
    • 602 15 mm»» By NOCK LOCK SIEW J THESE DAYS there's just one question Tan Koon Swan followers are asking: What's he going to swap next? In just a matter of days, there have been three announcements involving Mr Tan and his complex corporate reshuffles. First, it
      602 words
    • 1048 15 Current Ex Books Dote Total for Total for payment date close payable the yeor lost year A B N I3%l Aug 19 NYA NYA 13% 26% Amol Steel 8%TE(b) NYA NYA NYA 8%TE 8%TE Asiatic Dev 2*%l Oct 2 Oct 12 Nov 28 2*% 4*% Austal Amol 5%
      1,048 words
    • 53 15 C C gets new director CYCLE CARRIAGE Ltd hat appointed Mr Chua Tiang Haa aa tha Diractor of Corporate Affairs and Operationa with affact from Oct 12. Mr Chua, agad 34, ia alao tha managing diractor of Cycle A Carriage (Induetriee) Pte Ltd and the group general manager for Mer-cedee-Benz
      53 words
    • 142 15 Reuter ASSOCIATED HOTELS Ltd requested a suspension yesterday until Monday of trading in its shares on Hongkong's four stock exchanges, pending a court ruling on its planned reorganisation, stock exchange spokesmen said. A Hongkong court was to hear a request yesterday for an order to block
      Reuter  -  142 words
    • 215 15 THE Malaysian Multi-Pur-pose Co-operative Society Bhd and Queensway Nominees Sdn Bhd have sold seven and 13,000 shares in Multi-Purpose Holdings Bhd for M$7.00 and $13,000 respectively. Following the sale, MMPCS now holds 307.89 million shares in MPHB while Queensway owns 72.89 million shares in the company. LIEN HOE
      215 words
    • 233 15  -  By HOMER CHEN DEALLNGS IN SIA shares are likely to start on the Stock Exchange of Singapore on Dec 18. That would be just over a month after the issue opens for public subscription on Nov 16. Dealings are expected
      233 words
    • 423 15  -  Another publicly-listed company shows interest By AMY CHEOK UNITED Industrial Corporation, the publicly-listed company which was mounting a rescue operation to salvage one of Singapore's biggest construction companies, has decided to withdraw. But other companies, including at least one other publiclylisted company based in
      423 words
    • 341 15 THE MALAYSIAN Airline System (MAS), currently making a public offer of shares, has obtained a M*4o-million syndicated term loan to finance its purchase of a Boeing 737-200 aircraft. The loan is arranged and managed by Aseambankers Malaysia Bhd and its subsidiary, Aseamlease
      341 words
    • 113 15 ALLIED CHOCOLATE Industries, which saw the recent advent of Malaysian businessman Lee Ming Tee as director, is considering ways of diversifying. The company is looking at a number of options to rationalise its business. One of these under consideration is the transfer of the chocolate-making activities
      113 words
    • 974 15 SHARE PRICES yesterday closed firmer on balance alter a moderately active session and at 1400 GMT the FT 30 share index was up 8.7 at a record 1032.6. The FTSE 100 share index at 1430 GMT had risen 3.9 to 1324.8. After an easier start leading issues turned
      974 words
    • 163 15 THERE HAS BEEN an internal reshuffle of shares within the Kuok-controlled Pelangi Bhd. The company said yesterday that one of its substantial shareholders, Stulang Gardens Sdn Bhd had "disposed" its entire 34.85 per cent stake in Pelangi Bhd, representing 23.43 million shares of the company's
      163 words
  • Page 14 Advertisements
    • 252 14 What's N —rJlumrir frrft Philippine Few Shows Curious Mrrnjjlli I Hmfcgiij t'gfajf "fhwbi« *!■<• v> «<*♦' ."A» /»■'»(> WiiMBP We've got to hand it to Singapore's executives. Succcssful executives who want to get ahead in business, start by keeping up with The Asian YY r all Street Journal. With your
      252 words
    • 236 14 LOST SHARE/STOCK/LOAN STOCK/TRANSFERABLE SUBSCRIPTION RIGHTS CERTIFICATES The following Share/Stock/Loan Stock (LS)/Transferable Subscription Rights (TSR) certificates/* together with the relevant signed transfer deeds have been reported lost or destroyed Name of Company General Securities Investments Limited Hong Fok Corporation Limited Keppel Shipyard Limited Metal Containers Limited National Iron A Steel Mills
      236 words

  • Page 15 Advertisements
    • 79 15 COMPUTER AIDED INVESTMENT DECISIONS jiyj The Share Market Analyser the most advanced investment software tool for the IBM-PC/XT. Plot and analyse stock market charts quickly and simply. taint fifwt 200 Weets Trend lines rsSKTSSrs. Sfe Market Analyser DM and (My update service for all slocks J traded on Ae Sm«apore
      79 words
    • 122 15 TAT LEE BANK LIMITED ANNOUNCEMENT Pursuant to Article 6(1 )(a) of the Articles of Association of the Bank, it is hereby announced that declarations received by the Bank as at 30th Sept 1985, regarding the beneficial ownership of the issued share capital of the Bank held by foreign persons constituted
      122 words

  • 456 16  -  By LUCY NG A WAGE REFORM breakthrough which provides (or annual wage negotiations was made on Tuesday when General Electric signed a collective agreement with Singapore's biggest union, the 21,000-strong -United Workers of Electronic Electrical Industries '(UWEEI). The agreement also provides 'for
    456 words
  • 151 16 Reuter PROFESSOR KLAUS von Klitzing of West Germany has been awarded the 1965 Nobel Physics prize of U*****,000 for work likely to prove of key importance for the future of electronics. The Royal Swedish Academy of Sciences in Stockholm said yesterday that
    Reuter  -  151 words
  • 89 16 THE POSB Giro scheme is being extended to include Temporary Occupation Licence (TOL) fees and quit rents. Property owners can pay their TOL fees through the Giro scheme from Oct 28, while quit rents can be paid from Jan 28. This practice is in
    89 words
  • 463 16  -  By ANNA TEO ANY SHORTAGE of jobs for engineers in Singapore is more the result of the employment of foreigners rather than the result of the recession, claims a group of young engineers. Reacting to a recent BT report about difficulties faced by fresh
    463 words
  • 438 16 IN SPITE OF lower profit margins last year, there are still a healthy number of companies willing to invest in Singapore's food and beverage industry. The industry, which grew at a "healthy" rate of 8 per cent, achieved an output worth $2.7
    438 words
  • 304 16 UPI THE BABY Jesus doll is rolling off the assembly line in Littleton, Colorado, just on time for Christmas, sporting a glow-in-the-dark halo and a price tag of U5531.50. "I think that people are getting to the point where they want
    UPI  -  304 words
  • 95 16 THE ITALIAN Republican Party has decided to quit the coalition government led by Socialist Prime Minister Bettino Craxi, following a dispute over last week's hijack of the Italian liner Achille Lauro. The party, whose three ministers included Defence Minister Giovanni Spadolini, is unhappy over
    95 words
  • 395 16 DIAMONDS ARE no longer anyone 's best friend. The European markets are dead and recovery will be slow. But now is the best time to invest in one- and two-carat white and fancy diamonds and other precious gems. "The public's confidence in diamonds was
    395 words
  • 61 16 Reuter COMEX GOLD FUTURES posted sharp losses early yesterday morning when selling in new York triggered a run through last week's lows, touching off sell stops. Silver futures lost more than 10.0 cents in fast market conditions in the morning. The leading December delivery fell 11.5
    Reuter  -  61 words
  • 67 16 Reuter THE NEW YORK stock market edged higher in early trading yesterday, trying to resume the rally started last week. The Dow Jones Industrial Average was up a fraction to 1351. Advances led declines by a nine-eight margin on turnover of 9.52 million shares. New York State
    Reuter  -  67 words
  • LATE FILE
    • 51 16 Reuter CHINA yesterday signed an agreement with French car maker Peugeot to build a large truck plant in which the Chinese public will be allowed to buy shares. Chinese officials said that 10 per cent of the shares would be sold to the public.
      Reuter  -  51 words
    • 43 16 Reuter AMERICAN Jet fighters which forced an Egyptian airliner carrying Palestinian hijackers of a cruise ship to land in Italy threatened to shoot it down if it did not obey orders, said the pilot, Captain Ahmed Moneeb, yesterday Reuter
      Reuter  -  43 words
    • 59 16 UPI THE US State Department said yesterday that Rabbi Meir Kahane will be treated as a foreigner who has given up his American citizenship while appeals are heard against the decision. The department ruled two weeks ago that Rabbi Kahane had disqualified himself for US citizenship
      UPI  -  59 words
    • 40 16 AFP IN A SURPRISE move, author! tie» in China yesterday denied permission apparently (or security reasons (or pressmen from Hongkong to cover US Vice-President George Bush on the last stop of his six-day visit to China.
      AFP  -  40 words
    • 34 16 AP INDONESIAN Foreign Minister Mochtar Kusumaatmadja said yesterday that Asean had been successful in the political field but that economic cooperation in the regional grouping was a "dismal picture". AP
      AP  -  34 words
    • 45 16 AFP A MAN convicted of spying for Taiwan was executed immediately after his trial in front of 250,000 onlookers in Shenyang, said the China Daily yesterday. The executed man, Hao Wei, 34, was one of 17 criminals sentenced last week. AFP
      AFP  -  45 words
  • Page 16 Advertisements
    • 292 16 r Company Directors the Law November 28, 1985 (1 day) Shangri-La Hotel Since the enactment of the Companies (Amendment) Act in August 1984, numerous issues were raised concerning the implications the profound impact it has on the role of Director, his responsibilities the business enterprise he undertakes. Many feel that
      292 words
    • 156 16 All that glitters Pag* 2 {!!`/%~>;&>;,<_>^.<,]?![^;|*`:+ How Otißanking Electronic L/Cs speed trade to deflver the goods to your bottom line. The rules have changed. If you're still remarkable ease... and unmatched security, handling Letters of Credit in traditional ways, lb find out how your Import Department you could be creating
      156 words
  • Page 16 Miscellaneous
    • 53 16 Outlook for today: Showers over several areas in Hie afternoon. Report for 24 hours prior to 7 30pm on Oct 16 at the airport: Maximum temperature 31.9 Associated humidity 69 Minimum temperature 25.1 Associated Humidity 97 Hours of sunshine 7.80 Roinfall in millimetres nil Rainfall this month 75.4 Rainy days
      53 words

  • SHIPPING TIMES
    • 509 17  -  By LINDA CHEE THE INTERNATIONAL Convoy group has set up base in Singapore to exploit the intermodal market potential of South-east Asia. The German-based Convoy is developing links from Straits ports via the Trans-Si-berian Railway (TSR) to destinations in Europe, United States, Far East
      509 words
    • 238 17 Bernama THE PROPOSED ferry service between Kuantan and Kuching and Kota Kinabalu will begin by March next year at the latest, said Malaysian Justice Minister Datuk Dr James Ongkili. Initially, the service would cover two destinations, Kuantan and Kuching, he said
      Bernama  -  238 words
    • 170 17 AFP VANUATU HAS cut its registration fees by 30 per cent in a bid to encourage more shipowners in Hongkong to register their vessels in the South Pacific island. Vanuatu Minister of Finance, Industry and Tourism Kalpokor Kalsakau made the disclosure on Tuesday at a meeting
      AFP  -  170 words
    • PORT SIDES
      • 95 17 Reuter A STORM IS expected to hit Chittagong port in the next 24 hours but necessary precautions have been taken, port officials said. A depression has formed in the Bay of Bengal, about 400kms from the port, and the windspeed in a 20-km radius was about
        Reuter  -  95 words
      • 88 17 A PANAMANIAN cargo ship has rescued 34 crewmen of a Filipino ship that sank on Tuesday in the Luzon Strait, about 675 kilometres southeast of Hongkong, the Marine Department said. The department said that 95 people were reported to have been aboard the Filipino ship Marcos
        88 words
      • 45 17 Reuter THE AUSTRALIA Northbound Shipping Conference and the Australian Shippers Council have agreed on a 5.25 per cent rise in freight rates from Australia to the Philippines, Hongkong and Taiwan, effective Jan 1 1986, the council said in a statement. Reuter
        Reuter  -  45 words
    • 794 18 Reuter THE LENIN SHIPYARD in the Baltic port, where Poland's free trade union solidarity was born out of the fiery strikes of August 1960, has its order books full for several years ahead. Poland's shipbuilding industry is slowly emerging from the crisis which
      Reuter  -  794 words
    • 908 18 ARGENTINA Oct 8 Buenos Aires 23 vessels berthed. Rosario 4 vessels berthed, 2 anchored awaiting. San Lorenzo 2 vessels berthed. No congestion. San Nicolas 3-12 days, 6 vessels berthed, 4 awaiting. Nechochea 1 grain vessel bethed. No congestion. Bahia Blanca Grain loading: 15-20 days. Sorghum: 10-15 days. 2
      908 words
    • 696 18 AB Shpg V 5 Afea Lm« VI 3 Alphatrans X 3 A PC Line V 4 APL HI 2/3 Anro Service IV 3/4 ANL 1 1/2 ASCL III 1 Balt-Canodo Lme VII 4/5 Bait-Orient Lme V# 4/5 Bank Lme V 5 BBS M 4/5 Bayswater Shpg X
      696 words
    • 1595 18 THE London Shipping freights market was very quiet on Tuesday as a result of the Columbus Day holiday on Monday in the United States. In the grain sector, only two fixtures were reported. The La Richardius (ex-Phi-lippe L.D.) was booked by Conti from Lakehead to Varna with 17,000
      1,595 words
    • 206 19 A LEADING accountant with long experience in shipping and shipbuilding is to head a committee charged with restructuring finan-cially-troubled Hongkong shipowner Orient Overseas (Holdings) Ltd. Lloyd's List said Mr Norman Thompson, former chairman of the colony's Mass Transit Railway Corporation, has joined 00(H)L C Y
      206 words
    • 447 19 AP SHIPS CARRYING grain, steel and military equipment backed up on the St Lawrence Seaway on Tuesday, and one official predicted it would take weeks to repair a collapsed lock wall so traffic could resume. "It's absolutely impossible to give an idea of the
      AP  -  447 words
    • 142 19 Reuter TAIWAN'S Finance Ministry has reduced import duty on old ships by half to 4.5 per cent from 9 per cent effective Oct 15, a Taiwanese ministry spokesman said. The reduction is intended to offer shipbreakers a competitive edge over their counterparts in
      Reuter  -  142 words
    • 130 19 AFP THE STATE-RUN Shipping Corporation of India (SCI) earned a net profit of 22.7 million rupees (about US$2 million) in the last financial year up to the end of March after suffering a heavy loss in the previous year, said the Press Trust of India news
      AFP  -  130 words
    • 190 19 Oct IS-26 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 21-23 Deep Offshore Technology, third international conference and exhibition. Conference Centre, Sorrento, Italy. Oct 22-24 Developments in hull
      190 words
    • 159 19 AFP AN EXPERIMENTAL energy saving wind-propelled ship devised by French marine explorer Jacques Cousteau began a two-year round the world voyage from Norfolk, Virginia, on Tuesday. The Alcyone, named after the Greek mythological god of the wind Eole, is powered by two turbo sails, light alloy
      AFP  -  159 words
    • 190 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia. Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      190 words
    • 126 19 Reuter SHELL has sold a large oil tanker, the Lottia of 317,207 dwt, to a Japanese interest on private terms, a Royal Dutch Shell group spokesman said. Secondhand tonnage brokers said reports were circulating the ship sale and purchase market that the vessel had been sold
      Reuter  -  126 words
    • 5984 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
      5,984 words
    • 626 25 sssr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival r LCL movement Ship Voy date/time Operator cargo schedule Location A Princess B Kemuning Kath Sit Uni Handsome Tanah Air Uni Forever K Kanevskiy Falstria Prasetia L Ajitha E Obtain Harvester Omex Pioneer Anro Asia Chondidas
      626 words
    • 1635 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enittptiwt ft» Ltd Some (S) A 8 Shipping Bousteod Shpg Agencies Aleo Line Africon Shpg Agenc.es <S> Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) Multiport Sdn Bhd
      1,635 words
    • 537 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Andh Anuraga Foochow Yucai Arrow King B Perseus Inabukwa Koto Berkat Ned Singapore Trans Hav K30 K20 K27 K12 K9 K28 K36 K12 K10 Arya Sin Chiao Y Fung Bakke Sime Barber Pelni PIL Ned-EAC Barber alongside
      537 words
  • Page 17 Advertisements
    • 941 17 Monthly from Pitman Available at all good bookshops and newsagents IjjlliTimes IHliyi Distributors Okjemt Overseas G<uUai*w Line Agents: MRDOC SWfMS AGENCES (Ret N* 2425M/00K) 70 Shefllon Way #04 03 NUrma House S«|apore 0207 In *****11 THe. NO RS ***** CfS OFFICE IPC #***** T«t *****31 2720§3J Terminal Ottae IPC #03
      941 words
    • 76 17 aa&iiDß THE LENIN shipyard in the Baltic part, where Poland's free trade union solidarity was born out of the fiery strikes of August 1980, has its order books full for several years ahead. Page II SHIPS CARRYING grain and steel backed up on the St Lawrence Seaway on Tuesday. Page
      76 words
    • 1176 17 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. THE BOOKSHOP MAERSK LINE Voy IS* por« EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA Singaooie Closing Taws CT 21/10 1500 MRS CTS
      1,176 words

  • Page 18 Advertisements
    • 469 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wnt Feeder at Tokyo ftt&m Vil FAMAY ACE GLORY ACE pk pn sp Sid 3d In Part 21/11 22/10 24/10 21/10 29/10 31/10 4/11 5/11 7/11 Milter VSL KISHU M J APOUO VAAAASHW M 2EELAMM Pacific North Weat Feeder at Kobe
      469 words
    • 245 18 a Supercarrier Service W>l ARRivAISN WJUEN 17 10 BARBfR PERSEUS 17 10 N ROSARIO 7 11 BARBER HECIOR 7 11 N ROHfSKR ?6 11 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 79/11 J/12 7/12 19/1? 23/12 27/12 Also accept.* cont.s lor Houston (MB) S Francisco Oakland Stockton and
      245 words

  • Page 19 Advertisements
    • 889 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Mansfield Container Shipping Pte Ltd Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT TOKYO BAY 19/10 21/10 BCNAiDCR 27/10 29/10 CITY OF EDMBURGH 4/11 i/U FRANKFURT EIPRESS 11/11 13/11 HAMBURG EXPRESS 19/11 21/11 OSAKA BAY 26/11 28
      889 words
    • 688 19 Franco Belgian Services i f+r k wrrwj B< fuin Far Linji) (MEMBER OF ACE CONSORTIUM! fmi c out mi service to [wok FULL CONTUPtStr SERWCE FROM BKOft STOW PKELANGIe HarteH dam F'Stotw Ham TRANS WORLD BRDO 23 Oct (21 Oct) 11 Not 12 Not 14 Not 16 Not 17 No.
      688 words

  • Page 20 Advertisements
    • 442 20 u Hapag-Lloyd TO CONTINENT/UK EXPORTS FROM N CONTINENT &UK IMPORTS PK S'pore 17/10 23/10 22/10 24/10 29/10 31/10 8/11 1/11 13/11 15/11 21/11 23/11 24/11 29/11 1/12 7/12 9/12 14/12 It/12 21/12 23/12 24/12 28/12 Neil Ports KB. TK KB. TK HK. KHH HK, KHH W. KHH HK. KHH HK.
      442 words
    • 456 20 IK S LINE r fully containerised SERVICE] Tn FllKlft VTA Sll2 "8t Consorts IRINSWORID BRIDGE 27W CHINA CON lAM R 3?H C R PARIS 2* HONGKONG CONIAMR 47W Spore PKelant leHawe R dam filo«» Hbwf Antwerp ?j 10 l?l 10> 11 II 1? 11 14 II 16 II 19 II
      456 words
    • 579 20 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX R*****1 A R*****2 13 t \K\STi:i{\ < \K LINKU. ITI). iieh INTERMARITIME LTD K Kinabahi Tel: *****0 lakarta let: (***** REUNION/SOUTH AFRICA SERVICE C DIRECT MONTHLY SAILINGS KK KM S'pvt PI Ih Din El tt CT 15/12 17/12 24/12
      579 words
    • 619 20 Q 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) SGP [ft* GENTRY ?0 10 (Vl* GUN! 27/10 EVER CI OH 3/11 EVER GENUE 10/11 EKED GRACE 17/11 EVER LEVEL 24/11 EVER GARDEN 1/12 10 MS fll ROM 30/10 10/11 12/11 14/11 i/U 17/11 19/11
      619 words
    • 338 20 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Smfjpore Loadnt tor MAM GHEYMMT 26/10 B. Abfcav B Khonwn A VESSEL 15/11 B. Abba*. B. Khomcn KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC OCEANA COURtR KYOWA BREEZE STORE PKelanf Loadnf for: 3/11 P.
      338 words

  • Page 21 Advertisements
    • 1029 21 "Til \0 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL KOTA WANGSA KOTA MAJU KOTA SEJATI KOTA AGUNG KOTA TIMUR VOVAGE HONGKONG SINGAPORE LOADING FOR: E-589 SLD 19-24/10 DJIBOUTI. HODEIDAH, JEDDAH, PTSUOAN, AOABA W 444 23-26/10 MUKALLA. ADEN. MOGADISCIO. E-591 1-2/11
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    • 852 21 1 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Kit mo Miru Sided Kisu|i Miru Sided Cit. ol f(tnbuifh Sided Fiwklurt Eipreis Sided Himbu{ Eiprrss Sided Osiki Bit IS 10 Bremen Eipress 26/10 Kiidiu Miru 27/10 Bermor 4/U B HAVEN R DAM Sided Sided Sided Sided
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    • 660 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM STORE CONTAINER SERVICE MAIAPAMT in HB GOWA l» W *0M MOHSMNC SPOW BUSAN YOKOHAMA 22/10 77/11 16 10 20 10 11 10 14,10 1/11 J/11 1/11 X/ 10 21 10 23 10 S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE MAMPAMT VK HB GOWA
      660 words
    • 608 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loadng for Rangoon Spore P.Ketont Penan Htoneywa V/205W In Port/20 Oct Pa-an 16/11 Oct (Malacca) Phashwetyawywa V259K 20/22 Oct Ava V 76* 17/25 Oct Paean V9IW 29/31 Oct Loikaw VIO4W 21/30 Oct 24/26 Oct BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT
      608 words

  • Page 22 Advertisements
    • 1223 22 K KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE EEEOER Wl MOTHER W ASM SIM Ml IBK VSI SPORE PKIG PNG SPORt 19 Oct 20 Oct 22 Oct 24 Oct KOBE GUAYAQUA CALLAC MICA IQUQtf AEAGASTA S ANTONO VALPARAISO I No, 25 Dec 2 l«i 6 lan 7 lan llljn 13 TAIWAN-JAPAN-CHINA KEELUNG
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    • 565 22 li (^y//s CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE I aiding tor lOS ANGIUS SAN fRANCISCO SEATTII TACOMA VANtOUVfR BC Accepting fCI'FCI Containers P ftrtang Singapore I Angers BMAVABHUH 31/31 Oct 26 Nat BHARATEMM" M/ 31 Nit 26 Oec AUSTRALIA EXPRESS CONTAINER SERVICE Accrpting fCI FCL Containers Accepting iont*n*fS jt
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    • 489 22 GG. GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD Rami Tunc Proemcul Bin* BuMnf 60 CecJ Street SMGATORE 0104 TU *****90 <10 LRES) Id Kuala Lumpt* ***** P Ketanf 3*7* l Penant 34MM Pas* Gudinf A t en» OMNI UOTD IN) SON BW TEL 4(370 STRAITS/PERSIAN GULF SERVICE: Sooie p (Wang
      489 words
    • 284 22 INTRASIA (PTE) LTD 10 Anson Road »27 16 International Singapore 0207 Tel *****1 1 (10 Lines) 4> BREAKBULK SERVICE TO EUROPE/UK S parc P. >riinfLn<n( tor:ANANGEL LBERTY *****15 SAO Satetl ROT/fWT/Ul (AVON) VAN CONQUEROR 88J5916 9/11 12/11 *OT/ANT/UJ( (AVON) X P T KMKAHAM PEIAYARAN KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG.
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  • Page 23 Advertisements
    • 559 23 NEPTUNE ORIENT LINES LTD FAR EAST EUROPE FULLY CONTAINERISED SERVICE A member ot the ACE Consortium r STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE A member ot the Anro Consorti A Asia S pore Closing Times FCI Cargo 1300 18 10 ICI Cargo 2100 17/10 L TPA CONTAINER SERVICE TO/FROM NORTH AMERICA PACIFIC
      559 words
    • 595 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON •mi* ki Pat 2C/10 31/1* 7/U U/ll 71/11 5/12 13/12 No 7 Danjm No > Dmm;M7K No I Dmm/bMN No t Owm/MMM No 7 taua/MW No tauai SOON No I Doawi/MW No i Dmm/HW 11/10 30/1*
      595 words
    • 722 23 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULMNG 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P. KELANG PENANG M/S SMARKAT NAM SOON BN. MB. IST AND 2ND FLOOR. MESSRS M THONG SHTPM 127 Penar*
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  • Page 24 Advertisements
    • 409 24 Regional Container l-incs 4 Sailings weekly GUI Fast Reliable Regular Punctual Berthing P S.A. Mon, Tue, Thur. Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPECIALISED WAVY LIFTERS AVAILABIE KASHH MARU Spore 18/21 Oct Loadaif for: Bahrain VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE STORE ANTWERP R
      409 words
  • Page 24 Miscellaneous
    • 158 24 Ta Regional Weather ft a > SI m s* fA Vi L* ffl £1 3 k SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: I 10 T 'XST 0— «tu. ,p~d in Rain Wave height C yA cr in Wind direction with speed in knots fuun Wave
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  • Page 25 Advertisements
    • 109 25 MBC AGEHCIS K. LUMPUR P. KELANG PERAMG P. GUDANG J. BAHAWJ LEOSHP SPORE *****M/*****56/*****41/*****33 *****1/4 TERMMAL 3M381/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE n''i/'''-TTfTTmmr^ T —rnn r irTf BgßßMEMuLiJßtiiiiLimEZlll iriif.ymßnfnnrrr^MUnmnwEZllMEilMEaME^—miHMmii n ii/.vitiTMtnnnTTTT^^BtnTißiTMii^BgmnißßnEmEllllEllMLiii AISO ACCEPT* FOR; MfTIOP. L MA**. UK. BREMEN, COPERHASM. OSLO ALSO ACCEPTMG FROM EUROPE: ATM. HAM,
      109 words
    • 329 25 LICORNE II nemGENTS SE/UJOA SHPfW (S) PTC LTD. SW6ATOKE SMg/jBMg 18. 22C5W1 (I LMS LAHK A/P AKMTAII Scan Dutch To Europe (Med/UK/NC/Scan) FEEDER PENANG B Butang In Pott B Butang 24/10 B Butanf 31/10 B Butan( 7/11 B Butang 14/11 B Butang 21/11 FEEDER P.KELANG B Butang 18/10 B Butang
      329 words

  • Page 26 Advertisements
    • 246 26 WEC. WEST EUROPEAN CONTAINER LINES man nai contnkx sekmcc ma rotteromi to: CANARY ISLANDS TENERIFE. LAS PALMAS. FUNCHAL PORTUGAL LISBON. LEIXOES (LCL ACCEPTABLE) SINGAPORE AGENT: ALPHATRANS SERVICES (SEA) PTE LTD TEL: *****26/ 74*6556 W. MALAYSIA AGENT: STARBONO CORP. SON. BHO TEL: 03-*****7/*****6/*****4 WORLD LINE EXPRESS REGULAR SERVICE JAPAN/HONGKONG/S.TRAITS VESSELS SPORE
      246 words
    • 379 26 BATAM, DUMAI, PEKAN BARU COLUMBUS LINE REEDEREI GMBH EXPRESS SEMI CONTAINER SERVICE TO HUH ROTTERDAM HAMBURG SPORE ROM WG HULL MV TAUSALA SAMOA V 5 21/10 16/11 21/11 26/11 MV TO AHA PAPUA V 4 25/11 21/12 2S/12 4/1 SEAL lON SHIPPING (S) PTE LTD Stnfiporf SAIFS BOOKINGS IFI ??05S«1
      379 words