The Business Times, 23 October 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, OCTOBER 23, 1185 75 CENTS
    12 words
  • 458 1  -  Staff cuts and shaving of salary increases By LUCY NG SAVINGS OF $24 million will be made by General Electric (USA) next year from shedding its workers and shaving salary increases. GE paid $75 million in wages and benefits to employees from July last
    Source:  -  458 words
  • 178 1 Bernama A GROWING NUMBER of foreign companies, encouraged by the South Korean government's foreign investment promotion policy, have invested in the country's emerging computer and electronics industries, according to business sources. More than 20 foreign concerns, including IBM of the US and Sharp
    Bernama  -  178 words
  • 511 1 A $34-MILLION plan has been drawn up to redevelop Fort Canning Park over the next five to six years into an attraction capable of luring 1.5 million visitors a year. Most of the visitors are likely to be tourists as the
    511 words
  • 65 1 THE PORTION of Scotts Road closed to traffic on Monday was opened again yesterday morning. A spokesman for the Mass Rapid Transit Corporation said the road was safe for use following repairs. The road was closed from its junction with Draycott Road to Orchard Road
    65 words
  • 219 1 AFP JAPAN PLANS to introduce a new corporate taxation system to prevent tax evasion through price manipulation by multinational companies. The financial newspaper Nihon Keizai Shim bun yesterday quoted finance ministry sources as saying that the new taxation system calls for the
    AFP  -  219 words
  • Article, Illustration
    89 1 SHARE PRICES eaaed acress a bread front at the Stack Exchange «I Singapore yesterday. Malaysian speculative lasaes were tke hardeat kit, kat qaality and klae-eklp taaaes generally held their groaad. Dealers said that meat ef the big Malaysian player* were sidelined ahead af the cenntry's Badget this Friday.
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  • 321 1 AP THE OFFICIAL Communist Party newspaper told Chinese officials yesterday to stop wining and dining visiting reporters and let them ferret out the facts. In a signed front-page article, Shangguan Fo of the People's Daily said reporters sometimes felt uneasy when they visited an
    AP  -  321 words
  • 128 1 Bernama A TOP FILIPINO airline official has blamed the foreign press for the downswing in the tourism industry in the Philippines. Addressing the Pacific Area Travel Association (Pata) conference in Manila on Monday, Philippine Airlines president Roman Cruz Jr said "the unfavourable
    Bernama  -  128 words
  • 416 1  -  By ALVIN TAY FOUR SINGAPORE branches of German banks are among an eight-member syndicate which has put together the largest deutschemark loan ever organised in the Republic. The DM3OO-million (about Ss24o million) loan facility for the Australian Wheat Board has been
    416 words
  • 93 1 Reuter A THIRD GROUP OF British miners has announced its intention to break away from the national union that led a failed year-long strike. The chairman of the Colliery Trade and Allied Workers Association said four-fifths of its 1,600 members had taken part in
    Reuter  -  93 words
  • Page 1 Advertisements
    • 145 1 in the world. Geha's unique 'Piranha' System shreds papers into minute particles OciTVCom ypiTErm n>n ito Tel 743 SSSS Why tie up your capital Rent special equipment from Thorn. 45" Projection Screen ft For audio-visual presentations at seminars, |g| < conferences, training classes. Auto Rewind Video Recorder Suitable for types
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    • 270 1 wm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW SINGAPORE AIRLINES has decided to restrict the official financing for its employees shore scheme to DBS Bank. It is questionable whether this move is in the best interest of all potential purchasers. Would
      270 words
    • 87 1 Full report, Psgs 15 Asian stocks. Rags 13 InN stocks, Pago 12 T T 1 u From the World's leading company and pioneers in High-speed Facsimile When you see how small the FX 120 is, you'll surely be impressed, but what is more impressive is what it can do. It
      87 words
    • 17 1 BALLY of SmtzerfanJ Shipping Timaa comas as a saparata section today. Maka sura you gat your copy.
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  • HOME NEWS
    • 488 2  -  By ELAINE KOH LUCKY DRAWS, discount cards and awards are being offered by the trade union movement in its latest campaign to attract new recruits. To be launched by the National Trades Union Congress under the banner "Join Union Now", the campaign
      488 words
    • 422 2 THE HOUSING and Development Board sold a record $4.7 billion of worth of flats in the past financial year. But sales of flatted factories, shops and offices took a sharp dip and the HDB ended up refunding close to $1.2 million to
      422 words
    • 252 2 COMPUTER FRAUD and crime are becoming increasingly important topics of discussion as more companies computerise. With losses valued in the millions of dollars, companies need to be more aware of how to prevent and detect such crimes. To help companies find answers to
      252 words
    • 67 2 NYAL PHARMACEUTICAL products, which have been distributed for more than 20 years in Singapore by Cold Storage Trading, will be marketed by Sterling Drug (Singapore) Pte Ltd from next month. This follows the amalgamation early this year of Sterling Drug Asia Group of Companies and Sterling Pharmaceuticals.
      67 words
    • 150 2 EXHIBITION organiser, Conference A Exhibition Management Services, is expanding its Ideal Home *85 show by more than two times. The show, from Nov 3 to 11, will take up the whole of the World Trade Centre's Hall 3 this year 4,012 square
      150 words
    • 229 2 ALL 129 SEWAGE PUMPING stations in the Republic will be centrally monitored from Bendemeer Road by 1968 following the completion of a $7.2 million central computer monitoring system. Phase one of the project, costing $4 million, was completed in June this year
      229 words
    • 316 3  -  By BRIAN GOMEZ THE 1985 SINGAPORE Lecture will be delivered by Mr Peter G Peterson, a former US Secretary of Commerce who currently heads a New York merchant bank, Peterson, Jacobs and Company. Mr Peterson will speak on "Deficits, debts and demographics: Three fundamentals affecting
      316 words
    • 92 3 A GREAT WAY TO DRESS seems to be the latest motto of Singapore Airlines. The national carrier will introduce its own line of jewellery for sale on its flights from Nov 1. Known as the Silver Kris Collection, the range of five
      92 words
    • 633 3  -  By BOEY KIT YIN SINGAPORE has asserted that the US should restore preferential treatment benefits to 19 local products because their exports posed no competition to US industries. The withdrawal of generalised system of preferences (GSP) benefits from these products would
      633 words
    • 150 3 PART-TIME STUDENTS from the Singapore Polytechnic's Department of Nautical Studies are organising a seminar to keep abreast of the latest developments in shipping. The seminar, entitled "A New Approach to Shipping Management", will be held on Saturday at the World Trade Centre. The part-time students, who are
      150 words
    • 228 3 A $439,000 TWO-YEAR project to train Asian engineers in the treatment and recycling of waste has been organised by the Primary Production Department. Funds for the training of the first group of 20 participants, amounting to $439,000, will be provided by Canadian-based International Development Research Centre
      228 words
    • 94 3 TELECOMS is to introduce the number-to-number telephone service to China from Nov 1. The new telephone service enables calls from a calling party in Singapore to be connected to a telephone number in the overseas destination. The charge for a number-to-number telephone call to China
      94 words
    • 347 3 THE TOPPING OUT of the Mass Rapid Transit Corporation's only ground-level station was completed yesterday, signalling the completion of some novel engineering features. As it is built on swamp land, Bishan station has a 6,380-cu-bic-metre drainage reservoir to prevent flooding. The reservoir would
      347 words
    • 274 3 ABOUT 8,000 FARMS in Singapore produced more than $653 million worth of pigs, chickens, ducks, vegetables, eggs and fish last year. But this is likely to be the last of the good years for local farms. More than one million pigs were put
      274 words
  • Page 2 Advertisements
    • 325 2 Most office companies try to sell vou on how good their office products look. First we'd like to show how well our furniture systems work. r 1 I 1 <-w. 40% savings in office space E mm** in •SSSSK?? i 11 HI s;.- 1l ■< r" i 24% reduction in
      325 words
    • 37 2 —I c? 00 pm 2.00 a nn Live-Band Music Non-Stop Dancing Charming Hostesses Gracious Service 00 V\l oo p Oft ice NiU'-Clxib <fe Louvujc f+ 1 Claymore Drive #02-11 Orchard Tow (Roar Block) Singapore 0923 "W 73A00P6
      37 words

  • Page 3 Advertisements
    • 60 3 Va And remember... In Raffles Place, with direct basement access to the MRT Column-free floors Advanced elevonic lift system Superb finishes Computerised security Spectacular views 6 Battery Standard <E Chartered Standard Chartered Bank 6 Battery Road Singapore 0104 Telex RS ***** Tg 225"0941 Sole Letting Agents Jones Lang Wootton 65
      60 words
    • 271 3 M anagers ust anage BT shows you how every Monday. Ernst Huber is an Executive Chef who means business. And you can tell after a visit to Le Vendome Restaurant at The Dynasty Singapore for his buffet lunch. If anything, you get superb value for money although these aren't words
      271 words

  • OVERSEAS
    • 723 4 FT PAUL VOLCKER, the chairman of the US Federal Reserve Board, has urged US bankers to rally behind the recent proposals on lending to less developed countries put forward by James Baker, the Treasury Secretary, which include asking commercial banks to provide US$2O
      FT  -  723 words
    • 206 4 Reuter BRAZIL WILL NOT subject its people to further sacrifices in order to obtain more help from the International Monetary Fund. The country's Finance Minister, Dilson Funaro, told a press conference in Rio de Janeiro yesterday that Brazil was preparing a document on its social
      Reuter  -  206 words
    • 252 4 UPI AP PRESIDENT PW Botha has again rejected the one-man, onevote system in South Africa, and said his country could put a million Americans out of work by withholding chrome exports to the US. "My message to the US and the British Commonwealth is
      UPI; AP  -  252 words
    • 248 4 Reuter MOST EUROPEAN Community states have rejected ambitious proposals by their executive commission to abolish frontiers within the 10-nation group, soon to be joined by Spain and Portugal. Diplomats said some of the responses by foreign ministers meeting in Luxembourg to consider
      Reuter  -  248 words
    • 256 4 Reuter WEST GERMANY'S five leading economic research institutes, forecasting higher growth but little improvement in unemployment, have renewed a call on the government to advance tax cuts to boost growth and create more jobs. In a joint semi-annual report, the institutes forecast that growth
      Reuter  -  256 words
    • 167 4 UPI SEATTLE'S mayor says he would consider designating a park for drunks if it would help clear derelicts out of other parks. But Mayor Charles Royer added on Monday that the idea of creating a drunk park is still at the conceptual stage
      UPI  -  167 words
    • 282 4 Reuter WIDESPREAD protectionism and sharp declines in the prices of many commodities have led the world "to the brink of a trade war," warns the head of the United Nations Food and Agriculture Organisation (FAO). Addressing the organisation's committee on commodity
      Reuter  -  282 words
    • 179 4 Reuter AN AMERICAN senator has introduced legislation that would deny special trade privileges to countries he said supported terror sm. Senator Lloyd Bentsen, a Democrat and member of the Senate Intelligence Committee, said on Monday that the Bill would effectively double most tariffs that
      Reuter  -  179 words
    • 780 4 ARRIVALS Operator Service Local From number time PAA PA2I/5 0020 LAX/TYO/HKG SIA SQ41 0605 MAA CAL CI010 0815 JED/DHA MAS MH681 0820 KUL KAL KE624 0840 KUL MAS MH603 0905 KUL MAS MH811 0940 PEN MAS MH67I 0950 KUL SIA SQI03 1005 KUL RBA B4421 1030 BWN
      780 words
    • 384 5 AFP ISRAELI Prime Minister Shimqn Peres on Monday offered an immediate end to the state of war with Jordan and called on the permanent members of the UN Security Council to back negotiations to resolve the Palestinian problem. In a seven-point initiative presented to
      AFP  -  384 words
    • 195 5 AP SOUTH KOREA'S Prime Minister urged the United Nations on Monday to admit his country and North Korea as members in a step toward reconciling the divided peninsula. "Our little peninsula is one of the most dangerous areas in the world," Shinyong Lho told the world
      AP  -  195 words
    • 259 5 Reuter AFP MIDDLE EASTERN and Chinese restaurants in Britain are beating English and European rivals in their own backyard by offering better value for money, according to an eating guide. "Ethnic restaurants now outclass European restaurants for quality of food,
      Reuter; AFP  -  259 words
    • 414 5 NYT AN AMERICAN senator has asserted that China is exporting nuclear technology to five countries that have the most dangerous nuclear programmes in spite of a pledge not to help others develop atomic weapons. Senator Alan Cranston, Democrat-California, announced yesterday that he was opposed to
      NYT  -  414 words
    • 257 5 AP JAPAN WOULD "wholeheartedly welcome" the lifting of a ban on the export of Alaskan crude oil as a way towards reducing drastically its trade imbalance with the US. A Japanese government source on Monday expressed enthusiasm to US
      AP  -  257 words
    • 83 5 Reuter DEFENCE MINISTERS from Saudi Arabia and its Gulf Arab allies have reaffirmed their goal of self-reliance in dealing with threats to regional security and stability. This was contained in a communique, issued by the Kuwait news agency Kuna on Monday, after a two-day meeting involving
      Reuter  -  83 words
    • 121 5 AFP A PAIR OF tropical pet fish worth HKJ3OO.OOO was the target of a rare burglary reported in Hongkong on Monday, police said. The colourful fish, called "Dragon Mouthing a Pearl" in Chinese and more prosaically known as the Asiatic Bony Tongue, were found to
      AFP  -  121 words
  • Page 4 Advertisements
    • 146 4 OrctinaryAisles iO ll I li m ExiiaatdinaryAisle The Ideal Storage System far the Modem office The revolutionary E.A.S. shelving system is mounted on rails for extra mobility. The shelves can be moved by hand, crank or electrically driven, and only one aisle is needed to give you the required access
      146 words
    • 8 4 Rin Ant's 7475P Fastest Daily to San Francisco.
      8 words
  • Page 4 Miscellaneous
    • 36 4 Doonesbury you mm Ma to fit in with my FOOMMATB ANDALLTHE OWEH PRS- THE CLfi&i> OFTHE LIVING PEAP? m 'm m > m 9 I H m m m BY GARRY TRUDEAU i m M t m
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  • Page 5 Advertisements
    • 149 5 To some, the beauty of Zapf Plus lies in what you see. H Zapf Plus. A truly outstanding office furniture system. From Knoll's latest European collection. Bringing designer feel right into the work-place. Generous use of fabric. Rounded corners, instead of sharp. Slim elegance instead of bulk. Creating an environment
      149 words

  • TRAINING & DEVELOPMENT
    • 480 6 i Cahners Tel 1 J C Exposition Tlx *****13 RS ***** 1 courses N Group Fax: *****66 S DURATION TITLE VENUE ORGANISER TELEPHONE Oct 28-29 Planning a Budgetary Control for ExecutiveHilton Hotel Price Waterhouse *****22 ext 121 Managers Oct 28The Ultrasonic Royal Holiday SGS Singapore *****50 Nov 1
      480 words
    • 352 6  -  By JAIME LYE A REGIONAL training centre for middle-level managers and supervisors of Hilton International hotels in Asia has been set up at the Singapore Hilton. Known as the Asia and Australia Training Centre (AATC) South-east Asia, the centre held its first
      352 words
    • 498 6  -  By ANNA TEO THE HOTEL CLEANER was instructed by his supervisor to "take care" of the lobby. That was underwood to mean a good wipe-up and polish, but the young man had various (pertinent) questions for his boss before he moved the mop. Hardly a
      498 words
    • 346 6 THE SINGAPORE Institute of Management has been urged to expand its role in two areas government and business dialogue and international business studies. It could tap the views of managers and corporations and present them to the government. Also, it should consider starting a
      346 words
    • 207 6 JAPANESE EXPERTS speaking at a three-day robotic applications workshop are making follow-up visits to the factories of participants to help them with specific problems. That is what made the workshop, organised by by Robot Leasing and Consultancy (RLC) and the Japan External
      207 words
  • Page 6 Advertisements
    • 318 6 A ft ft ft ft V//ifi HMi For Good. Grooming Good grooming advice can only come from experts like Ermenegildo Zegna. Ermenegildo Zegna has a team of designers and fashion consultants to research into the latest trends and feature them in their annual catalogues of finest men's fabrics. To combine
      318 words
    • 116 6 With Scan Dutch You'll never have to ask if ifs safe I! i i II i UJ.i. KLU«* C 0 tr ._J You are shipping very important goods to a big client. Goods that must arrive in the same perfect condition as they were when they left your factory or
      116 words

  • BANKING AND FINANCE
    • Article, Illustration
      784 7 SINGAPORE THE US dollar yesterday closed slightly lower against most major currencies after fluctuating within a small range on European buying and profit-taking, in quiet late trading, dealers said. It closed a shade lower at 2.6375/85 marks compared with New York's 2.6390/6410 close. It closed slightly weaker at
      784 words
    • 334 7 Asian market ASIAN dollar deposit rates yesterday closed steady at opening levels in quiet trading. Short-dates firmed between 1/16 and 1 point at the outset due to a higher US Fed funds rate and remained unchanged in subsequent trading. Overnight closed at 8'« per cent, Wednesday/Thursday and week fixed at
      334 words
    • 336 7 BA Futures EURODOLLAR futures yesterday opened unchanged from Monday's close. The December contract traded within the range of 91.81 and 91.77 after the initial opening at 91.79. Sideways trading was seen for the greater part of the day as the market awaits fresh economic data for further direction. Liffe
      BA Futures  -  336 words
    • 128 7 THE OVERNIGHT rate on the Singapore interbank money market rose by point from Monday to close at 5 3 i per cent yesterday. The one-month term rate fell by V« while the two-month rate rose by V» point and three-month rate rose by 1/16 point. Discount Prices At
      128 words
    • 192 7 TOKYO: GOLD futures yesterday closed narrowly mixed in the absence of fresh factors, traders said. Turnover totalled 1,222 kilos. October was down three yen to 2,277 yen/gram and distant August was down one yen to 2,389. November was up four yen to 2,286. LONDON: Gold was fixed at U*****.50
      192 words
    • 248 7 Interbank rates at 3pm yesterday: CUffWICiM ttnminil rata* Smithsonian ■id Offer croaa parity change Local dollars to one unit of foreign currency US dollar 2 1355 2 1365 ***** -2426 Sterling pound 3 0633 ***** 7 3469 •58 30 Australian dollor 1 4980 1 5008 3 4286 -56
      248 words
    • 257 7 Reuter THE Federal Reserve Board is considering expanding its guidelines for bank capital standards and will change guidelines for dividend payments by some bank holding companies. Fed chairman Paul Volcker says the Fed is considering adding to existing guidelines of capital-to-asset ratios
      Reuter  -  257 words
    • 70 7 AFP INTEREST RATES oni short-term US Treasury se-» curities dropped slightly on 4 Monday at the weekly auction, after three weeks of increase. The average rate on Monday on three-month treasury bills was 7.18 per cent, compared with 7.20 last week. The average on six-month
      AFP  -  70 words
    • 186 7 AFP TOTAL ASSETS of the 11 banks operating in Taiwan's offshore banking centre amounted to U556.49 billion as at end of September. The central bank said yesterday 96.58 per cent of the total assets, or $6,405 million, were deposits of banking institutions, and the rest
      AFP  -  186 words
  • Page 7 Advertisements
    • 108 7 M K^JuperiJut JL Avoid the business On British Airways Super Club you'll never get squeezed into a centre seat. Because there are no centre seats. Our seats are arranged in pairs. Wherever you sit, you're next to a window or an aisle. With all the room you need for eating,
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  • FEATURES
    • 522 8 IF COMPETITION is part of the Singapore ethos, why is it not being extended to a vital part of what must surely be one of the most important share issues in Singapore's history? This is a valid question to be asked of the
      522 words
    • 1082 8  -  Olympic fever grips South Korea as it prepares to play host to one of sport's most spectacular happening, reports SOH TIANG KENG who was in Seoul recently. SOH TIANG KENG THERE IS STILL three years to go. But Olympic fever is already gripping South Korea as
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    • 429 8  -  letter to the Editor ROBERT K BOOKER Dear Sir I must compliment your reporter on her precis of a subject which was already a precis of a rather lengthy and complicated subject. Unfortunately, your heading "Unfair to think directors persecuted, says lawyer"
      429 words
  • Page 8 Advertisements
    • 130 8 What the dragon is to China, the lion is to the oldest Swiss bank: the symbol of strength and creativity. To our customers this manifests itself daily by the efficiency of our investment advisers and portfolio He's also supposed to produce the potion of immortality. Be that as it may,
      130 words
    • 20 8 Air freight is faster Mk Our coverage is Mm I J better >lll\ In BT every Friday, m m HEIGHT
      20 words
    • 102 8 WE'RE FUSSY ABOUT LITTLE THINGS. T .\fter a long (Un cf business meetings, you' 4 like nothing better than to unutrui uith a (~01 gla\s of beet. Topped uith a fme cream head that /irks in the freshness and flaintur At the Equatorial, ur serve it to you chilled just
      102 words
  • Page 8 Miscellaneous
    • 644 8 ■mwmm saaOTMi) CRYPTIC PUZZLE ACROSS 1 He has some pickles with his |om (5) 6 See a way out for the dog (5) 9 Bird-like recruits? (7) 10 Disdain treatment for corns (5) 11 Weapon that's right for wildlife? (5) 12 She could provide seats (5) 13 Spirited sittings (7)
      644 words

  • SPORTS
    • 461 9  -  By DAVID GABRIEL THERE IS NOTHING like a bit of controversy to brighten up what was in most respects a sluggish match at Faisalabad. Local match managers blamed the stalemate on a decision by chief Pakistan selector Hanif Mohammad and team captain Javed
      461 words
    • 251 9 AP NORWAY'S Grete Waitz, one victory shy of tying a 55-year-old record for the most victories in one marathon event, admittedly has lost some of her "killer instinct". "It's getting tougher and tougher every year to get motivated," said the 32-year-old Waitz, the favourite to
      AP  -  251 words
    • 505 9 AP DAVID GRAHAM thought it was the toughest form of golf he had ever played. Severiano Ballesteros said the tournament needed two more years to make a big impact. But the players who took part in the first Dunhill Cup team golf tournament
      AP  -  505 words
    • 539 9  -  By WALTON MORAIS IF THE SINGAPORE Professional Golf Association would take a look at the British challenge for the America's Cup, it could learn a thing or two about marketing itself as a profit-mak-ing venture. About a year ago, the PGA
      539 words
    • 189 9 AP HIROMITSU OCHIAI smashed his 52nd homer of the season, tying the Japanese Pacific League's home run record, as the Lotte Orions beat the Seibu Lions 9-4 on Monday at Seibu Stadium near Tokyo in the Orions's last game of the season. The league
      AP  -  189 words
    • 394 9 AP IN SPITE OF a 2-0 advantage over Kansas City, St Louis manager Whitey Herzog says he considers the World Series still up for grabs. "The two parks are very similar, so the home field isn't going to mean as much," said Herzog, whose team returns home
      AP  -  394 words
    • 245 9 AP THE KANSAS CITY ROYALS, choking back disappointment after blowing a two-run lead in the ninth inning on Sunday, could only wonder why Charlie Leibrandt didn't leave the mound and relief ace Dan Quisenberry didn't leave the bullpen. "Anybody who knows baseball, knows what we should
      AP  -  245 words
    • 143 9 AP WEST GERMAN Boris Becker vies for his first major victory since Wimbledon when he challenges defending champion Jimmy Connors, Ivan Lendl and others in the 1985 Seiko Super Tennis tournament which began yesterday. The three men lead a field of 32 men
      AP  -  143 words
    • 66 9 API THE CLEVELAND Cavaliers rolled over the Chinese national team 120-80 on Monday in the opening game of the National Basketball Association's benefit double-header for the Basketball Hall of Fame. The Indiana Pacers downed the Los Angeles Lakers 119-116 in the second game in Massachusetts. The Chinese, who
      API  -  66 words
  • Page 9 Advertisements
    • 195 9 In practise, graphite inserts do not hit it off with Surlyn Cover balls. Reason: Hard vs Hard does not distance. Not true with HONMA WOOD, which now comes with a second-layer insert behind the conventional graphite insert that acts as a springboard to catapult the ball, thus giving you that
      195 words
  • Page 9 Miscellaneous
    • 1207 9 to aim) mm THE NEW PACIFIC Tourism 8.00 pm, Channel 12 This programme examines the impact of tourists in Hawaii, Papua New Guinea and Bali. Problems range from the destruction of Hawaiian land for tourist attractions to a government controlled industry in Papua New Guinea. Bali, on the other, hand
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    • 17 9 BliStdW :R*nkDidnajfi| SPRR6 PCNNV GUVNOR .J U3HO is H Me iNVeMTeD tmc cMcsTeR- P&RRY Fiumc? sys T£.m....
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  • Page 10 Advertisements
    • 773 10 OUB CENTRE, ONE THE NEW &MI A 162 YEAR H When completed in 1986, OUB Centre will occupy 7,530 sq metres of the choicest prime land in Raffles Place Singapore's commercial heart since 1823. The building will comprise a six-level retail podium, a 60-storey office tower facing Raffles Place and
      773 words

  • Page 11 Advertisements
    • 61 11 BAFFLES PUCE )ING WITH ERITAGE I f ft i*B® liil^ sill^ II Miff itifl sfll!! iff! 1 ■■gl iifi BL-^-7^./«yr wmtfis Zjt&mw^'b »ISfT TMig# Ur Jfc® ik E rt mm 10 6^-6 I l in »f. t;I L -V ►*«s > 1* A«k >t -r I i > a !Ni
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  • INTERNATIONAL STOCKS
    • 232 12 AP THE TOP MANAGERS of R H Macy and Co, the lOth-largest retailer in the US, have said that they intend to take the company private in a deal worth US$3.5B billion. Under the leveraged buyout proposal, Macy's chairman and chief executive officer,
      AP  -  232 words
    • 257 12 AP THE US Justice Department repeated on Monday its opposition to Pan American World Airways's proposed U*****.5 million sale oI its international Pacific division to United Airlines. The department claimed that in the absence of substantial changes the deal would harm consumers. In a statement
      AP  -  257 words
    • 330 12 Reuter THE US STOCK MARKET finished with a moderate loss on Monday in spite of a wild shopping spree among stocks of retailers. The Dow Jones Industrial Average fell five points to 1364. Declines led advances by a nine-seven margin. The volume
      Reuter  -  330 words
    • 114 12 OCT 21 c$ Inco Irrt Pro* P*>« knt Ito 16* 42* 15* Kerr Add 15 unch Algomo Argoen Hldgs Bonk Mont 18* Lobtow B 20* 3* unch 30"M Bank Nova Scotia 13* 40S MoKon A Mooce Cp 18* unch BP Con Ltd 29* Broscon 32 unch Con Imp Bk
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    • 221 12 OCT 21 R«M Unwc 560 unch Woolworth I285B INOUSTtlALS MININGS 850 .5 Anglos 3500 70 160 AogKool I0700B 300 AE And CJ 820 unch Byyoof* 1500 430 50 Buff eh 7600 100 AMJC 3000 Charter 9008 80 1080 -10 Cora Gold 1975 15 2350S Cora Murch 1150 25 CNA
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    • 628 12 OCT 21 US$ Akon AJurrvn 24* unch Alcoo 32 V, Aiegheny Lud 25* Afced Chem Cp 43* Afced Stores 59* 2* Afcs Chalmers 4 Am Brandt Inc 58* Am Broadcast 1 16* Am Can Co 56 Am Cyanarrad 49* Am Elec Pwr 2m Am Express 43V Am Home
      628 words
    • 713 12 Amsterdam OCT 21 Fb ABN 500 00 unch 94 80 -0 2 Ahold 262 50 +2 Akzo 120 60 -0 4 AM£ V 71 00 +0 2 Amtot Amro Book 86 20 unch 4600 +8 Bob Borujm^ 470 00 +10 Bogota Bur Tet 101 00 ireh Caiood De*
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    • 132 12 Reuter THE STOCK of Standard Oil Co (Ohio) moved up on rumours of a possible takeover following an announcement of new credit arrangements by British Petroleum Co, which already owns 55 per cent of Sohio's stock. British Petroleum had said earlier on Monday that
      Reuter  -  132 words
  • Page 12 Advertisements
    • 513 12 z .v ;-v vvv T.- sir v H "T -;w*' :v <&.4S# 15 3 5i W» T W BT* ar* •r I iF.S> NON\A BUFFET y-. SKS Every Wednesday Friday at Terrace Garden Price :$12.00' Time: 12 noon-230pm Fashion Show: 1.15 pm Models by: Marisalon Modelling Thwidctit 181, Kitchener Road.
      513 words
    • 178 12 London stocks on pogs 17 \^T athengCh£nglj6u Teochew Restaurant Come to the best Teochew restaurant in vß* town for a really special Buffet Luncheon. Choose from 60 scrumptious dishes for just $18++ per person minimum of 2 persons at a table). f for 2 persons 3 dishes with rice/ porridge
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  • ASIAN STOCKS
    • 357 13 TOKYO: Share prices yesterday eased from their barely firmer opening in thin trading as investors remained inactive awaiting news from the upcoming meeting of Japan's Prime Minister Nakasone and US President Reagan. The market average fell 21.52 to 13,001.69 after rising 7.52 on Monday. The volume was 270 million
      357 words
    • 95 13 OCT 22 Won Hyundai Const 915 unch Hyundai Motor 905 -9 725 705 5 KAL 510 12 Choheung Bk 11 Korea First 750 14 Commerciol BK 749 +9 Yukong Korea Ship 1328 ■6 DoeWn Ind 580 -10 435 5 Do«woo Corp 510 15 Lucky Ltd 655 -6 Daewoo Ind
      95 words
    • 438 13 SYDNEY: Share markets yesterday closed firm as good support for industrial stocks and a shortage of scrip combined to push the two key indices to their second successive record. However, trading was flat and volume small, except for a number of special sales. Near the close of trading, the
      438 words
    • 118 13 MANILA: Share prices yesterday closed generally lower in quiet trading. The Commercial and Industrial Index fell 1.90 to 179.55, the Mining Marker dropped 5.99 to 692.11 and oils remained unchanged at 0.779. Atlas Con B rose to 10 from nine and Philex B moved to 0.1450 from 0.14. OCT
      118 words
    • 267 13 OCT 22 NT Non Yo Plos 26 60 04 Al Sincere Indus Asia Cement 305 21 30 004 -03 -1 7 0 1 -0 3 -04 -06 -03 Pocrfic Cora Pocrfic Elect Wee 1600 1400 v*Kh -02 Corhay Cora Chang Hwa Bonk Chen L oona Chia Hwn Cement Chma
      267 words
    • 156 13 BANGKOK: Stock prices yesterday closed lower in quiet trading. The Book Club Index fell 0.09 point to 132.06 and declines led advances by a three-to-two margin. Turnover was 139,437 shares worth 46.1 million baht. East Asiatic fell four baht to close at 150, Ayudhya Investment lost two to 156
      156 words
    • 184 13 UPI TOSHIBA CORPORATION has said that it will be the world's first electronics company to mass produce one megabit dynamic random access memories (DRams) next month. The company said yesterday that the large-ca-pacity chips would be produced at its Oita plant in southern Japan,
      UPI  -  184 words
    • 329 13 UPI EASTMAN KODAK will make its presence felt in a nation known for its discriminating photographers. The company has announced plans to create a research facility in Japan and sell stock on the Tokyo Stock Exchange. "Our intention is to draw on the valuable resources
      UPI  -  329 words
    • 153 13 Reuter CORPORATE PROFITS for most major Japanese export-oriented companies will decline during the 1985/86 and 1986/87 business years because of the appreciation of the yen against the US dollar, according to the economic journal Toyo Keizai, the publisher of the Japan Company Handbook.
      Reuter  -  153 words
    • 56 13 AP THAILAND'S production of motor vehicles during the first three months of this year dropped 37 per cent compared with the same period last year, while sales dropped more than 30 per cent. The Bangkok Bank attributed the contraction of the industry to a
      AP  -  56 words
    • 111 13 Reuter THE PETROLEUM Authority oi Thailand says it will take a 25 per cent share in a concession of the Royal Dutch/Shell group in north-central Thailand. The authority said its wholly-owned PTT Exploration and Production Co Ltd would initially pay about
      Reuter  -  111 words
  • Page 13 Advertisements
    • 636 13 <&{ M lip T Sill 31 8^ !»SP^ i K <i=f liW ija i '< t—* i MADE BRAND NEW, FOR YOU. The lON goes brand new with an all-new look and all-new entertainment. ON STAGE The VAMPIRE' 6-piece band from Thailand. And Singapore's very own 'GYPSY'. DJ 'Freaky Freddy'
      636 words
    • 191 13 Arabian Cuisine? come to c §aCjjs Jfa&laru (fie&aurantj the only one in town. We alse serve (1m Nertli Indian Specialities Reservation: i *****53 *****19 19, Tanglin Road, Tanglin Shopping Centre, #04 05 Singapore 1024 Let's booze to the music!! x /^phTLTpp/nes 1 Hot rock or favourite contamporariaa, this popular all-girt*.
      191 words

  • RAW MATERIALS
    • 331 14 AFP TEA PRICES are unlikely to rise significantly in the immediate future, although a gentle revival is expected as better quality teas become available this autumn, according to a special report published in the Standard Chartered Bank's monthly review. London auction prices fell
      AFP  -  331 words
    • 318 14 UPI CHINA HAD EMERGED as "a strong new player in the world oil game", the Bank of America's quarterly energy report said on Monday. A bank economist Julian Gaspar, commenting on China's oil export activity and its projected US$2O billion outlay
      UPI  -  318 words
    • 146 14 AP BRITISH PETROLEUM COAL and Swede Coal may join forces with the state oil company Petroleos de Venezuela to develop the coal deposits at Guasare, in western Venezuela near Colombia. Although no decision has been announced, the Caracas' Daily Journal has reported that
      AP  -  146 words
    • 187 14 AFP FARM MINISTERS from the European Community remained divided on the means of financing export subsidies on sugar, diplomatic sources said. The ministers, who ended a twoday session in Luxembourg yesterday, charged their technical advisers with studying the question further in preparation for another
      AFP  -  187 words
    • 178 14 Reuter THE POSSIBILITY of diverting some of the current massive world wheat surplus to help meet the food crisis in Africa is one of the key topic of discussions between leading wheat trading nations starting in London on Monday. Officials at the
      Reuter  -  178 words
    • 154 14 Chineee Produce Exchange Robusta 20/25% FOB NSW 445 00 (Sellers' noon closing Oct 22 (SS/100 kg) prices on Nutmeg no FOB NSW E&W FOB NSW 479 00 356 00 Coconut oil Bulk FOB Old drum FOB 75 00 88 00 Gombier FOB NSW 330 00 New drum FOB
      154 words
    • 185 14 WHEAT FUTURES on Monday ended nearby losses in late trade as prices hit buy-stops, and values settled up one cent a bushel in December to down one cent in July on the Chicago Board of Trade, traders said. The recent increase in export business through USDA's export enhancement programme,
      185 words
    • 239 14 CBT SOYBEAN FUTURES on on Monday rebounded slightly in late trade, pushing most contracts to the plus side, and prices closed 3 4 US cent a bushel higher to '/1 cent lower in moderately active dealings. November closed up V« cent at USSS.O4V 4 a bushel. The late surge
      239 words
    • 147 14 MALAYSIAN crude palm oil prices yesterday closed firmer on further covering interest and speculative buying, aided by the rebound in Chicago soyoil futures last night. October deliveries in the central region firmed Ms2o to $685 per tonne and south $17.50 to $682.50, while November in the south rose
      147 words
    • 980 14 COFFEE CONTINUING strength of sterling and a weaker New York market on Monday afternoon combined to weigh on robusta coffee futures, which ended with losses of £17 to £13 a tonne from Friday's close. At the close London's second position January was £13 down from the previous close
      980 words
    • 117 14 THE PRICE sf Hi aa the Koala Lam pur Tin Market (KLTM) yesterday rate tw« eeati to claae at per Ula with the baiter stock maaager the sale kayer. Dealers said the BSM toak all IS toaaes aa after, eeatiaatng the sappart he gave aa the Lsadaa Metal
      117 words
    • 141 14 Singapore (SS/k.to, «i-9<xJown) Frogront new crop 1st 076 2nd 054 3rd 0 52 New Crop 25% no stock 10% no stock Thai Broken A-super 0 54 Speciol 0 52 Thai Rice 55% no stock China Rice 10% no stock 15% 072 25% no stock 35% no stock Thai Boiled
      141 words
    • 129 14 SINGAPORE THE MARKET yesterday closed quietly easier with November One RSS buyers quoted at 199.00 cents per kilo, down 2.25 cents from Monday, dealers said. MALAYSIA The market closed slightly lower at 183.00 cents per kilo for Nov Int One RSS buyers, down a cent from Monday's close, amid
      129 words
    • 342 14 RAS prices in S cents/kg, FOB in bales MOON CLOSE Buyers Sellers Buyers Setters Int 1 RSS Prompt 158 50 159 50N 158 50 159 50N kit I RSS Nov 85 159 00 160 00 159 00 160 00 Int 1 RSS Dec 85 161 50 162
      342 words
    • 105 14 (cants/kg, 1-ton pallets) NOV 85 DEC 85 (current month) (forword month) NOON NOON RAS Buyers Sellers Buyers Seders SSR 20 152 50 154 50N 153 50 155 50N SSR 50 150 50 152 50N 151 50 153 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 214.50N
      105 words
  • Page 14 Advertisements
    • 59 14 NIXDORF COMPUTER NOTICE Notice is hereby given that with immediate effect, MR. OWEN KAM TAK HIM l/C No. *****46/ D is no longer in the employ of Nixdorf Computer (S) Pte Ltd. Therefore, he is not authorised to transact any business on behalf of the Company. NIXDORF COMPUTER (S) PTE
      59 words
    • 148 14 NOTICE Banco de la Naclon Argentina U.S. $25,000,000 Floating Rate Notes Duo 1967 In accordance with the provision of the Notes, notice is hereby given that for the six-months Interest Period from 23rd October, 1985 to 23rd April, 1986 the Notes will carry an Interest Rate of 8 %6 per
      148 words

  • SHARE INFORMATION
    • 4418 15 IN THE ABSENCE of any fresh factors to motivate trading, the Singapore stockmarket eased across a broad front yesterday. Profit-taking and shortselling hit the Malaysian speculative and lower line issues the hardest, while most quality and blue-chip issues held generally steady yesterday. The
      4,418 words
    • 264 15 SINGAPORE i Rises Indices C Oct 21 Oct 22 t?2 ®T Composite 666 34 661 64 HL«MflCr«*t 680 +15 BT Indicator *****07 *****7» Sir t o ,TO,/OS 3 33 i r 22 t m "CADI 5210 5283 S?O t o ,TO,v ***** ***** J" 0 i-19 X
      264 words
    • 4584 15 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,584 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 516 16  -  Advisers recommend approval for the issue of new JC-MPH shares By NAJEEB JARHOM THE INDEPENDENT directors of Jack Chia-MPH (JC-MPH) and their financial advisers Morgan Grenfell, who also advise minority shareholders, are agreed that the terms of the injection of Mr Jack Chiarapurk's half
      516 words
    • 382 16 TASEK CEMENT Bhd feels that its recent moves to diversify from its cement-making business is in the best interest of shareholders, says chairman EG Tan in his annual review. Mr Tan says the cement industry is becoming overcrowded and competition stiff while business conditions are increasingly
      382 words
    • 3681 16 MDUSTRMLS Ac mo (I 70S) A|inomoto (3 265) A Choc (3 14S) (7) 3 20 (5) 3 18 (5) 3 16 (2) 3 14 AMD (4 60S) (33) 460 (5) 464 (30) 4 66 (I) 4 58 (7) 4 50 Alcorn (0 906 0 91S)
      3,681 words
    • 109 16 HONGKONG Hang Seng Index Monday Week ago 1497 0 T uesdoy Closed NEW YORK Monday 1666 06 Week ogo 1602 89 Dow Jones TOKYO Monday 1364.14 Friday 1368 84 Tokyo Nikkei Week ago 1354 73 Tuesday HSSlo? Monday Week ago ***** 52 Stondard Poors Monday 186 96 Friday
      109 words
    • 431 16 SUSPENDED United Engineers (M) Bhd.(UEM). has diversified into modern car-care maintenance and repair through Hatibudi, the bumiputra company which is acquiring 33.3 per cent of the UEM group. Hatibudi's 50 per cent stake in United Sagawa Automobile Sdn Bhd (USAI) has been transferred to
      431 words
    • 193 16 THE ACQUISITION of Traders k Merchants Insurance Sdn Bhd is expected to boost BritishAmerican (Malaysia) Insurance Bhd's 1985 group pre-tax profit to M 510.2 million. The company disclosed this in a circular to shareholders in connection with the purchase of TMI and
      193 words
    • 588 16 SHARE PRICES eased across the board in quiet trading at the Kuala Lumpur stock market yesterday as investors hesitated in making further commitments before the 1986 Budget this Friday. The listless trading indicated investors' reluctance to liquidate as they preferred to wait for the
      588 words
    • 281 16 Managers' prices MARA-Bumiputra for Oct 23 First B'putro 5 18 523 Singapore Unit Trust Second B'putro Third B'putro 4 79 4 84 3 87 3 92 The Commerce 1 78 1 89 Fourth B'putro 4 27 4 32 The Savings Fund 1 30 S pore Prog Fund 0
      281 words
    • 48 16 CI HOLDINGS Bertft: 8th AGM at the Abbey Room. Ground Floor, Hotel Merlin, Jalan Sultan Ismail. Kuala Lumpur on Saturday, Oct 26, at 9.30 am. TASEK CEMENT Berturi: 24th AGM at the Factory, Tasek Industrial Estate, Tasek Drive. Ipoh on Saturday. Oct 26. at 11.30 am.
      48 words
    • 651 17  -  ANNUAL REPORT AWARD By CHAN OI CHEE FEWER LISTED companies this year than last year have made it into the finals for the Annual Report Award (ARA) competition. Chairman John Curran of the ARA working committee, which has completed the final round
      651 words
    • 1027 17 Current Ex Books Date Totol tor Total tor payment date close payoble the year last year ABH 13%l Aug 19 NYA NYA 13% 26% A Enterprises 10%l Nov 12 Nov 22 Dec 10 10% 18 9%(a) Amol Steel 8%TE(b) NYA NYA NYA 8%TE 8%TE Asiotic Dev 2' 2
      1,027 words
    • 660 17  -  Kumpulan Limabelas making general offer By AMY CHEOK A CHANGE IN CONTROL at Duff Development Bhd appears imminent now that Kumpulan Limabelas, a private company controlled by Malaysian lawyer and businessman Mah King Hock, has undertaken to make a general offer. Batu Kawan Bhd yesterday sold
      660 words
    • 435 17  -  By HOMER CHEN SPP LTD has alleged in a writ that its former managing director, Mr Leonard Cheng, violated the Companies Act. Mr Cheng is alleged to have violated Section 162 of the Companies Act when he approved a $100,000 loan on August 10, 1964,
      435 words
    • 205 17 GENERAL SECURITIES IavestmeBte Ltd announced that its unaudited consolidated net tangible asset backing per share was $1.76 as at Sep 90. JURONG ENGINEERING Lid disclosed that DBS Bank through DBS Nominees (Pte) Ltd has purchased 30,000 shares in the company for a total of $69,733, thereby raising its
      205 words
    • 460 17 THE DIRECTORS of United Industrial Corp have forecast that the group's pre-tax profit this year will not be less than 1964's $12.18 million. Based on this, they expect to declare an unchanged gross dividend of 5
      460 words
    • 863 17 SHARE PRICES opened mixed but with a slightly easier bias in dull trading, with few fresh factors to stimulate activity. The FTSE 100 share index at 0845 GMT was down two points at 1,338.3. Among leading shares ICI was unchanged at 647, ahead of its results tomorrow. Allied
      863 words
  • Page 16 Advertisements
    • 321 16 NOTICES IN THE MATTER OP THE COMPANIES ACT, CHAPTER 185 AND IN THE MATTER OP NGOHKEONG CONSTRUCTION CO. (PTE) LTD. IN VOLUNTARY LIQUIDATION CREDITORS' WINDING UP NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act, (Cap. 185) that a first meeting of the creditors of the abovenamed
      321 words
    • 307 16 IN THE MATTES OF THE COMPANIES ACT, CAP. IK AND TAJ TECK PAWNSHOP (PTE) LTD (la Menken' VetaaUry LiqiMattea) Special BeMtattoac At an Extraordinary General Meeting of the members of Tal Teck Pawnshop (Pte) Ltd duly convened and held at 111 North Bridge Road, #12-05 Peninsula Plaza, Singapore 0617 on
      307 words
    • 361 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF HIGHER CLASS BUILDING MATERIALS (PTE) LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower Singapore 0719
      361 words

  • Page 17 Advertisements
    • 78 17 COMPUTER AIDED INVESTMENT DECISIONS Plj The Share Market Analyser the most advanced investment software tool for the IBM-PC/XT. Plot and analyse stock market charts quickly and simply. Point Figure 200 Weeks Trend Lines :rr;"n Sfe Market Analyser Data and daily update service fw all stocks J traded or the and
      78 words
    • 275 17 OPPORTUNITIES fa /^/##//f/MAI November 4-6,1985 9.00 am 530pm Shangri-la Hotel, Singapore HIGHLIGHTS Mr Ji Chong-Wei, Executive Member, Economic Research Centre of the State Council, China will outline the latest details of China's 7th 5-year Master Plan. Eleven other officials from the Chinese Government Ministries will share their experiences and express
      275 words

  • 300 18  -  By MONICA GWEE STARTING SALARIES in the civil service are to be reduced from next month to bring them in line with those in the private sector. Division one officers, such as accountants, legal officers and statisticians holding honours degrees, will now
    300 words
  • 500 18  -  Japanese machines installed By AMY BALAN EVERY ONE OF THE in-store terminals supplied by the British ICL group as part of Singapore's pilot cashless shopping project is being replaced by Japanese machines. The decision to replace the 65 machines, for "technical reasons," was
    500 words
  • 378 18 AP DEVELOPING COUNTRIES can begin reversing the loss of the world's tropical forests, but it will cost them US$B billion over the next five years, says a World Bank-sponsored committee of experts. "Decades of experience have demonstrated many successful solutions," said Gus Speth of
    AP  -  378 words
  • 281 18 UPI BRITISH PETROLEUM (BP) yesterday announced a plan to invest US$l.3 billion in South-east Asia before the end of the decade. Bryan Sanderson, the head of BP's operations in the area, said about 80 per cent of the money would be spent on
    UPI  -  281 words
  • 144 18 AFP THE INDONESIAN Chamber of Commerce and Industry (Kadin), which recently established a subcommittee for trade with China, will this month officially introduce its first special committee for trade with the Soviet Union. A Kadin spokesman said yesterday that the committee, headed by Su- kar Samsudi.
    AFP  -  144 words
  • 147 18 AP THE WIFE of Shah Nawaz Bhutto has been placed under house arrest following reports that she quarreled with him the night before he died, police sources said on Monday. The son of the late Pakistani President Zulfikar Ali Bhutto was found dead on
    AP  -  147 words
  • 110 18 Bernama MALAYSIAN civil service unions have called off their nationwide picket scheduled for today. Ahmad Nor, the president of the umbrella union, Cuepacs, said yesterday the cancellation was made after Prime Minister Datuk Seri Dr Mahathir Mohamad agreed to meet Cuepacs leaders over
    Bernama  -  110 words
  • 483 18 STRINGENT STATE controls helped cool down China's overheated economy in the third quarter, slowing growth in capital construction, industrial production and retail sales. In a summary of China's economic performance for the first nine months of this year, Ma An, a spokesman of
    483 words
  • 504 18  -  By RICHARD SEAH A CHALLENGE to open its books was yesterday issued to the Hyundai Engineering and Construction group by the chairman of Active Building and Construction, which has brought a $34 million claim against the South Korean company. Mr Lim Kai Tiong
    504 words
  • 64 18 AFP CANADIAN External Affairs Minister Monique Vezina hinted in Sofia that Canada might shortly follow the US out of Unesco. Mrs Vezina said at the 23rd general conference of the United Nations body on Monday that numerous governments, including her own, had said they would review
    AFP  -  64 words
  • LATE FILE
    • 40 18 Reuter FRENCH COMPANIES are discussing with the Chinese authorities about taking part in the construction of an underground transport system for Shanghai, said an official at Sofretu, an engineering company linked with Paris' rapid transport network.
      Reuter  -  40 words
    • 32 18 Reuter THAILAND has told the Soviet Union to stop giving scholarships directly to Thai students without first informing the Thai government, informed Thai sources said yesterday. Reuter
      Reuter  -  32 words
    • 45 18 UPI THE WIDOW of assassinated opposition leader Benigno Aquino, Corazon (Cory) Aquino, 52, yesterday said she may challenge President Marcos only in a snap election and if there is a draft with a million signatures for her candidacy. UPI
      UPI  -  45 words
    • 38 18 Bernama MALAYSIA intends to set up an Industrial Technology Transfer Centre to keep industries abreast with industrial technology for better competitiveness, Science, Technology and Environment Minister Datuk A mar Stephen Yong said yesterday. Beraama
      Bernama  -  38 words
    • 35 18 Reuter SENIOR executives of the major Cathay Industrial Group made large withdrawals from the group's banks before runs by small depositors forced them to close, Taiwan's justice ministry said yesterday. Reuter
      Reuter  -  35 words
    • 31 18 UPI JAPAN'S tobacco industry, reacting to charges it is using unfair trade practices to restrict imports, yesterday filed a letter of protest with the US trade representative.
      UPI  -  31 words
    • 31 18 Reuter SOVIET leader Mikhail Gorbachev and other Warsaw Pact leaders met in Sofia yesterday to discuss disarmament issues four weeks before Mr Gorbachev's summit with President Reagan.
      Reuter  -  31 words
  • Page 18 Advertisements
    • 304 18 0 JACK'S PLACE a place for steak k y H 1 AIRFLOWN NEW ZEALAND FILLET PROMOTION (IST TO 31ST OCTOBER 1985) JACK'S 20 WAYS OF STEAK PRESENTATION Come to Jack's and get the taste of the tender juicy NZ steak presented in 20 different ways. You'll definitely love them. And
      304 words
    • 25 18 dv flp^' Q w ffif£ ssxu se^Rsec^Vl^ \sssSsS rUV* 9 iX\o^v Keck Seng Group 338 2828 (Mrs Yeo) Richard Ellis *****81 (Ms Ang Hong Be)
      25 words
  • Page 18 Miscellaneous
    • 56 18 wmim Outlook for today: Showers over several areas in the early morning. Report for 24 hours prior to 7 30pm on Oct 22 of the airport: Maximum temperature 30.5 Associated humidity 74 Minimum temperature 24.3 Associated humidity 95 Hours of sunshine 3.95 Rainfall in millimetres 4.9 Rainfall this month 137.9
      56 words

  • SHIPPING TIMES
    • 522 19  -  By JUNE LIM AS THE FINAL date draws near, shipyards at Jalan Benaan Kapal are making plans to shift, stay put or wind up their operations. Jurong Town Corporation has earlier given the yards at Kallang Basin the final notice to reach a decision
      522 words
    • 224 19 AFP THE ROYAL Dutch-Shell Group has sold three large oil tankers, displacing nearly a million tonnes deadweight, to Taiwanese and Japanese scrappers, it was learnt in shipping circles in London early this week. The report follows the disclosure last Thursday that the group's
      AFP  -  224 words
    • 215 19  -  By Kingsley Wood THE WEST Australian company Underwater Technology Corporation Ltd (UTC) has established a subsidiary in Singapore and has moved to expand the present Tokyo office into a company. UTC controls the world manufacturing and marketing rights to a new underwater paint
      215 words
    • PORT SIDES
      • 27 19 Reuter MEMBER LINES of the Japan/Philippines Freight Conference will raise their currency surcharge to 9 per cent from 6.5 per cent from Nov 1. Reuter
        Reuter  -  27 words
      • 123 19 STUDENTS from the part-time shipping management courses in the Department of Nautical Studies, Singapore Polytechnic, will organise a seminar "A new approach to shipping management" this week. It will be held on Oct 26 from 3 7 pm in Conference Hall 1 of the World Trade Centre. The
        123 words
    • 1192 20 EARLY-WEEK charter operations on the London freights market predominantly concerned a variety of time-charter business and several European Community grain export fixtures. In the few instances that comparisons could be made, rates displayed little or no change from established levels. In the Far East, activity was confined to
      1,192 words
    • 598 20 Reuter JAPAN'S recession-hit shipbuilding industry is struggling to shake off a twilight image and win back its old appeal to youngsters seeking Jobs. Japan still builds half the world's merchant fleet. But it is under severe threat from more cost-competitive yards, mainly in
      Reuter  -  598 words
    • 445 20 TOLLS COLLECTED by the Panama Canal Commission failed to meet its target for the 1985 fiscal year, ending Sept 30. Because of a relative slowdown in traffic during the last three quarters of the year the commission collected US$3Ol million in
      445 words
    • 329 20 AP Reuter THE CRISIS IN the European Community shipbuilding industry, caused by cut-throat competition from Asia and low world-wide demand, will continue in 1965, said the EC executive commission. The commission said new orders for EC shipbuilders in 1984 were up 11 per
      AP; Reuter  -  329 words
    • 907 20 r A Top Ent X 3 l AB Shpg V 5 Accord Shpg IX 2 I Afea Line VI 3 Affimty Shog IX 3 Ahrenkiel Liner X 1 AC T oepfer X 5 J Alphatrons X 3 A PC Line V 4 1 APL in 2/3 Antoh
      907 words
    • 253 21 AP EMERGENCY repairs on a St Lawrence Seaway lock have progressed faster than expected, but the blocked waterway's shipping season will be extended to clear a backlog, officials said on Monday. Initial repairs to the waterway, a vital passage point for international shipments of grain
      AP  -  253 words
    • 535 21 Lloyd's List WIDE-RANGING changes affecting Greek owners and ports have been proposed as the basis of a national shipping policy. The government is being urged to establish a Greek port organisation and allow foreign banking organisations to operate branches in Greece to
      Lloyd's List  -  535 words
    • 708 21 AFP BLOCKAGE of the St Lawrence Seaway by a collapsed dock wall on the Welland Canal, while effectively marooning Great Lakes traffic, firmed rates only slightly in other areas, in spite of rumours that Soviet grain vessels had been diverted from Canada to Europe. Suggestions that Canada might
      AFP  -  708 words
    • 192 21 THE MAJOR shipping consortia operating between the Far East European, Far East Persian Gulf, Straits ports Australia. Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      192 words
    • 3702 26 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
      3,702 words
    • 775 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Smd Mariner IEB2WB 23.10 85 1800 Ned-EAC F7 0900-1000 Ul TW Bridge 27W 23.10 85 1800 Kawasaki F1 0900-1000/0800-0900 F3/G3 Ned V Neck 11/539 23.10 85 2000
      775 words
    • 475 27 Vessel Berth Agent Arrival Departure Marina Keppel KJ7 Borneo alongside 23.10/0300 Hong Soon M4A L»an Huat 23 10/0700 23.10/1900 CR Uoualo Poh A* 12 M4B A Top Ent 23.10/0900 23 10/2359 Equator 3 K22 Thong Soon alongside 23.10/1200 P Sumatera MIA Jaya Baru 23 10/0800 23 10/2300
      475 words
  • Page 19 Advertisements
    • 798 19 This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense Owent Overseas C<mLum Line JMONE SHPfMS AGENCIS (R«. Mi 2424M/00R) mrrrnm 70 Slwnto* Way *04 03 Mviiu Hmu Soifwe 0707 Ls£rJ 10 *****11 1«n NO RS *****
      798 words
    • 68 19 JAPAN'S shipbuilding industry is struggling to shake off o twilight image and win back its old appeol to youngsters seeking jobs. Page II WIDE-RANGING changes affecting Greek owners and ports hove been proposed as the basis of a national shipping policy. Page 111 Index to advertisers II London freight II
      68 words
    • 1221 19 A hard look at what it will take to succeed in business tor the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. MAERSK LINE FASTEST TO MIDDLE EAST siKAmimti s ms *por. EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA SwjKWf Ctoimi Tones cr 21
      1,221 words

  • Page 20 Advertisements
    • 329 20 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Mother VSL LA/LB OAK YAMASHW M 23/11 20/11 ZEELANDIA 30/11 5/12 ZEELANDiA 30/11 5/12 It VESSEL 7/12 10/12 Vessel Vo T NED VAN NECK Vll, IOHGO MARU V 47 TOO BAT m NED CIHMT WIS. Atu
      329 words
    • 286 20 'i-tAVT^n Supercarrier Service F?SrH H KM* UOR TEUS N ROSAMO r.'j'j, .mcrrvMlu^l Mil ARRIVALS N ROSARIO 1/11 BARBFR HICK* Ml N ROCHESTER 24/11. BARBf R TOBA 27/11 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BMKR HICTOR BAftHR TOM Mm acceptang cMrtrt tor Houston (MLB) S Franc r«o Oakland
      286 words

  • Page 21 Advertisements
    • 1256 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd Overseas Containers Limited I CONTAINERSHIP SERVICE TO UK/CONTINENT BENALOER 27/11 21 CITY Of EDtWURGH 4/11 I FRANKFURT EXPHtSS 11/11 11 HAMBURG EXPRESS 15/11 21 OSAKA BAY 2S/11 21 BREIEN EXPRESS 04/12 V. BENAVON 12/12 i: HONG KONG EXPRESS 20/12 2) BENALOER
      1,256 words
    • 683 21 Franco Belgian Services I F+r La A. r*< Bf fuin Far EatUm /.snaj I (MEMBER OF ACE CONSORTIUM) FULL CONTAMER SRVK2 TO EURO* fuu. comtmosw grwct from eumpe STORE PKELANGLe Harre R'dan fStoat Ham rHj««i Ant Adam tftan Bit**** A»orp L«nn Plata* Spar* riMS WORLD BWDGf h Port <71 Oct)
      683 words

  • Page 22 Advertisements
    • 512 22 Hapag-Lloyd^ TO CONTINENT/UK EXPORTS On carriage to Scandinavia, Med. Carribean I S America Inland hauiate to inland destinations in Europe S parc PKctang Penang Leiioesßftao Genoa Hbwg Adam Bharen A'aerp Aenee Rickmers 3/11 6/11 »/U 2/12 5/12 1/12- Mai Rickmers 0/1110/1112/11 5/12- 17/12 17/12- 11/12 Bertaam Aiduners 14/11 17/11 19/11
      512 words
    • 266 22 FUIIY CONTAINERISED -TO FROM NORTH AMERICA MST cOAM MCHON BUSAN 10 12 CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF WOULD ARGUS ACi §9S Wj ETA SP LOADING FOR 3/U DUBAI DAMMAAI KUWAIT CROWN MAMN6 CO (PTE) LTD TEL: ***** M (4 LHIM) Terminal Oft*« T* 227*2*/*****71 SUB-AGENTS Pkatang TEL: TEL: ISIMO .Seven
      266 words
    • 621 22 Hai Sun Hup Co (Pte) 1 TEL *****06 (20 Lines) TLX R*****1 Ltd A RS ***** J I i:\MI lt\ \l( I.IMKU. ITI). Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Torn Sailings from Japan *«M< S port P Kftwt SEII ROLE TTE *14 In Par) SaM CM IMEI No
      621 words
    • 873 22 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) EVER GRTED ever gleam* ever at mo EVER GtMUS EVER GOLDEN (VE» GOMG EVER GATHER SGF HKC KSC RIG IMS OS* TTO 25/10 30/10 31/10 2/11 5/11 7/11 «/U U/U 17/11 01 11 10/11 13/11 IVII lt/11 11/11 15/11 1(/11
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  • Page 23 Advertisements
    • 1022 23 vo PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE HONGKONG SINGAPORE LOADING FOR: KOTA MAJU W-444 lnPt-31/10 MUKALLA. ADEN. MOGADISCIO. KOTA SEJATI E-591 30-31/10 5-9/11 MUKALLA. ADEN, HODEIOAH, JEDOAH. PT SUDAN. AQABA KOTA RATU E-597 5-6/11 10-15/11 HODEIDAM, JEDDAM. PT
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    • 921 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE CONTINENT BfniWff C»»» ot Edotourfti Frankfurt ii|>ns f ipress Osaka Bji Bremen Eipreis Beru>on Hon|konf E iprfis SPORE P KELANG ISTON 20/12 22/12 27/12 21/12 B HAVEN ROAM 20/11 21/11 20/11 27/11 3/12 4/12 12/12 14/12 20/12 21/12 27/12 21/12 VI 0/1 10/1 15/1
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    • 620 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE CONTAINER SERVICE BUSAN YOKOHAMA KOH KAOHSWNG MR I STOH MAMPAHT m 11/10 14/10 16/10 20/10 22/10 27/10 GOWA V?VMB 23/10 2S 10 2t/10 1/11 3/11 l 1/11 S PORE TO JAKARTA/SURABAYA CONTAINER SERVI MAIAPAHT He GOWA MB TO EUROPE WEST
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    • 606 23 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR i v (Burmese National Line) Loadng for Ranfoon S'pwe P.Ketang Penang Phashwefyawywa V259W 24/21 Od Ava ¥76W 26 Oct In Nrt/25 Od Lasto Vso* n/7% OH Patau V9IW Lota* VIO4W In Nrt/25 Od 21/21 Od (Malacca) 4 Hot (Malacca) 21/30 Od BANK LINE
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  • Page 24 Advertisements
    • 1115 24 il JSA CANADA •ATLANTIC COAST (Round The World Service) •j IV LINE KAWASAKI KISEN KAISHA, LTD. /MEPTUNE PEARL V 52 ."WMENTAI MNSTER V 22 •SIRfNTAI EXPIOHER Vl5 •JRINTAL KNGHT ¥24 CIFIC COAST (IflitoK DESTINATIONS INLAND vU IPI MICROBRIDGE A MINILAND BRIDGE) AL CHEF V4SE MOTHER VESSEL QUEENSWAY BADGE ¥41 RICHMOND
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    • 597 24 if CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loading tor 10S ANGfIIS SAM FRANCISCO SEATW lACOAM VANCOUVIR BC Accepting FCI FCI Containers AUSTRALIA EXPRESS CONTAINER SERVICE Accrpttnf FCI/fCI Cofltwwis HeOor P K clang CU.HU* 3 Nor CALABAR 3 Nov AURIGA H Nov CALABAR Ok IM> htm St* Alm Acctpti 23
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    • 505 24 GOLDEN LINE VyfSl GUAN GUAN SHPPWG (PTC) LTD "'"l Pro*** M*n( M Cxi Strnl SWGAfORf 01M TU *****10 <10 IMS) 11 T« KujU Lianpv ***** t Kfijnc 317*1 Pffvanf 36S4SS Pin Gudjnf Afcut OMINT LIOYO (M) SOU BHD TEL M 370 STRAITS/PERSIAN GULF SERVICE: S pore P ftttanf Ptn»i( 001KH
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    • 439 24 INTRASEA (PTE) LTD 11 10 Anson Road »27 16 lntemaiion<ti Pia/a Singapore 0207 Tel 2 2465 1 1 1 1 0 L nes I o BREAKBULK SERVICE TO EUROPE/UK Sport P. K#m|Lm*i| tarVAN CONQUEROR *****11 1/11 11/11 ROT/ANT/UJ (AVON) *c«h mtrasia <ra) in booms 22*511 I. Lmpv MNTAN6 SVfME CO
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  • Page 25 Advertisements
    • 648 25 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member of the ACE Consortium TO EUROPE/UK (VIA SUEZ): C CONTAINER 32* Cfi PARIS 2W HK CONTAffCR 47*... 0 CHEF 46N Also accepting cargo to/from Scandinavia C CONTAINER S'pore Closing Times: FCL Cargo 0400 30/10 LCL Cargo 1200 29/10 FROM
      648 words
    • 527 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN, INCHON Gom>* Inq at Go<to«n K?1 on 22/ 10 IS Iran 0900 In 1200 In m« Hi 7 Donon SO4 S N >I*l N>P'UNI UGINCIfS Plf I ID Ifl ?>mn ?/BS4}4 ißooimf.) 7*>lo ??\?0?? ?7??48? ??097«4 il»fn*njh
      527 words
    • 639 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUHWNG 55. Martet Street Sinfapore 0104 Telephone Numbers *****3 (15 Lms) Cable Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS 2510S p mm raMM M/S SHMRMT MM SOON ML M). IST AND 2ND FLOOR. MESSRS HM THOME 9VPME 127 Penani
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  • Page 26 Advertisements
    • 380 26 ItegitMial Container Uihvs 4 Sailings weekly A 039 Fast Reliable Regular Punctual Berthing P S A. Mon, Tue, Thur. Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPFCIAI ISFD HF9YY llf lIRS A U All ABI f VEB DEUTFRACHT/SEEREEDEREI ROSTQCIC FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE ST PASENALK I
      380 words
  • Page 26 Miscellaneous
    • 186 26 u 2 fi Regional Weather s i&>¥ 5; ar 2*~* 18! !v' L< >* SJ ESS m as il« X sk^>«sSß XL liz •irJK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND c Wmd direction with speed in knots Wove height One halt tleche represents 5 knots
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  • Page 27 Advertisements
    • 203 27 m EAST ASIA LINE > (Malaysian Flag) Regular ~Umk Mntai Batwwn M'S4A/B'PO«£/INDIA P. Kclong Reno 09 S'pore Ldg for AMAH 24 Oct hi Part CMtapnf MDERA PERTAMA 28 Oct 30 Oct Bombay REGULAR IAPAN/STtAJTS/JAPAN SERVICES LAMBOR 25 Oct Na«/llobe/ Yakahama TXSnSH StVPtNG SDN. BHD. Fit. Tat: JKHJ2?/36 MFBC Hi. Tat
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    • 222 27 BAPID SHIPPING PTE LTD L S'PORE TEL: *****44 TLX: ***** K.L. TEL: *****5 *****0 FCL LCI LOADM6 FOR ETA S« FAR EAST China. Bus, Cmb, BKK 31/10 24/10 HAURITWS Port Lous 31/10 30/11 UK/EUROPE Ldn, Rdam, Awerp, Hbwj 25/10 12/11 AUSTRALIA Syd. Mei. Bri, Adc. Fre 29/10 2S/10 REGULAR CONVENTIONAL/CONTAINER
      222 words
    • 457 27 AFFINITY SHIPPING PTE LTD TEL: *****00 TLX: ***** STLMC ETA ETD Accepting carjo for TBM 30/10 3/11 Madras, Chaina/Chittagonf SUBJECT TO INOUCEMENT Vfnn MENG HORNG SHIPPING PTE LTD VHmP TEL: *****47/t, *****4S Tlk: R3 2*402 HWtCO V ACCEPTING LCL TO CHITTAGONG REGULAR SERVICE TO DM POETS Vessel ETA ETD Loadnf
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    • 65 27 JL OCEAN BRIDGE SHIPPING PTY LTD, "(B)* FREMANTLE v REGULAR SAILING TO FREMANTLE MV HELEN COAST ETA 21/10 ETD 29/10 General Agents Imkov Shipping Co Pte Ltd. 131 C«d S(ret #14 02. C«d Cmti i $m* OlOi Tet 223(273 Ttfci Hi K ***** MOV LICORNE m SEAUON SNPTMG (S) PTE
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    • 48 27 mmmt MMMMMt I IMC rKlMri MrrM UK n» STOW BE Ml CM£ER II Oct Utaij*. l«M. C*l HMNOMI CMK* »Nn lbt*A Oml*. I* CtMOHU CMd »Ok M '"l I T l LIZENA PTE LTD MY* MY» h PWt IM hi Port SamCE TO EAST KMJMMTM Oy Dma/ftfcw Bam
      48 words

  • Page 28 Advertisements
    • 669 28 ACCEPTING FCL LCL SYD. MLB. HE. WX PRE ALL NEW ZEALAND PORTS ALL MAJOR PORTS M EAST. NEST I GULF PORTS EUROPE. UK PORTS HONGKONG. BANGKOK. CHMA JAPAN. TAIWAN PORT CANADA PORTS ETA S PORE 29/10. 11/11 1/11. 29/11 21/10. 4/11 27/10, 3/11 24/10, 31/10 24/10, 31/10 24/10, 31/10 FINE-LINER
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    • 503 28 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****44 (3 LINES) TLX NO. RS ***** HEAPCO FIN I CONTAMER SERVICE TO POUT KELANG/PENANG VESSELS VOt NO SPORE PKIANG KG HNS ON 403/8S K/Il Oct 2A Oct ANSON 404 IS 23 Oct
      503 words
    • 587 28 a C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUUV CONTUBIKCD SERVICE 10 EWOK SUEZ) S p«r IcHaot Rdam Iltnt Hte| Brent Antewp TRANS NORID B*OGf 27* In Port 1111 12/11 14/11 lt/11 17/11 19/11 CHMA CONTAMER 3?* 30/10 11/11 19/11 21/11 23/11 24/11 70
      587 words
    • 864 28 PERUANA D£ VAPOREES (CP.*.) r A g "PERUVIAN STATE LINE" 5 1 loading tor Callao Matarani Do and all ottief Peruman pods urith trooshipment al Kobe jH On CPV iMoufh 6«s ot lading to hnal destination 3 THOMASEVERETT HUQfWKTT MURSATIVWfTI Pcnanf* P. Ktianf 20/22 No** Sinfaport 31/2 Nov 6/7 Ho,
      864 words
    • 322 28 ZIM m Hut m mm» m HNFt m curoMM m HONGKONG HON CONFERENCE NOODENT FULL CONTAKR SERVICE accepto* FCI/ia cjfjoei to USA tut t West Coast. Carribbeaniast Canada and HAITI m II? 15 11 12 IS 1.12 85 11 12 85 112 85 *****5 23 12 85 26 12 85
      322 words