The Business Times, 31 October 1985

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, OCTOBER 31, 1985 75 CENTS
    12 words
  • 470 1  -  Companies setting up offices to look at investment prospects By AMY BALAN TOP LIFE INSURERS from Japan are coming to Singapore not to sell insurance but to look at the investment prospects and, possibly, to invest here and in the region. Sumitomo Life Insurance, the
    470 words
  • 405 1 MORE THAN $1 billion will be injected into the economy over the next 12 months as a result of recent tax concessions and accelerated public projects, Minister for Trade and Industry Tony Tan forecast last night. "The impact of this infusion of
    405 words
  • 145 1 EVERY DOLLAR granted through the Product Development Assistance Scheme (PDAS) resulted in sales of 10 times that amount, according to a survey by the Economic Development Board. "Hie EDB has handed out $4.1 million for 46 projects, half which are completed or at stages of
    145 words
  • 174 1 AP AUSTRALIA IS NEGOTIATING a new "umbrella" trade agreement to sell more agricultural products to the Soviet Union. Trade Minister John Dawkins said yesterday in Canberra that the agreement was expected to give Australia better access to Soviet markets for sugar, wheat, dairy
    AP  -  174 words
  • 238 1 Reuter JAPAN'S trade surplus has jumped by more than 25 per cent to nearly US$9O billion in the first half of this financial year as the yen continues to strengthen. Official figures released yesterday show that Japan's trade surplus was U5529.26 billion
    Reuter  -  238 words
  • Article, Illustration
    87 1 BUYERS were MticeaMy absent from the Singapore stock market yesterday. Dealers said toe market was drained ef Its pstenttol buying pswer by MAS's giant 115 million oait public Issue. The all-sector BT Composite Index lest AM points to SM.lt, while the Straits Times Industrial Index fell 4.fl points
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  • 332 1 AFP HONGKONG GOVERNOR Sir Edward Youde said yesterday that the capitalist, free-wheeling economy might have to abandon, at least partly, its traditional laissez-faire economic policy. In a policy speech to the Legislative Council, he said the government was working on Bills
    AFP  -  332 words
  • 123 1 AFP HONGKONG will welcome a record four million tourists a year by 1989 in spite of a gradual slower growth rate in the number of arrivals, the Hang Seng Bank has predicted. The average annual growth in tourist arrivals in the next four years will
    AFP  -  123 words
  • 389 1 Bernama THE MALAYSIAN Cabinet has decided that an austerity strategy must be implemented at all levels of the government, the private sector and the public to face the effects of a fall in the prices of the country's primary commodities. Information
    Bernama  -  389 words
  • 173 1 Bernama THE MALAYSIAN government was yesterday urged to reconsider its policy of Malaysianising oil palm and rubber estates owned by the British and the French. Tan Sri Ghazali Shafie said yesterday during a debate on the Supply Bill 1986 in the Dewan
    Bernama  -  173 words
  • Page 1 Advertisements
    • 85 1 lbpsinCarAucfio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore: Phone *****22 Kuala Lumpur Phone *****3/*****0 Panang: Phone *****/***** Jakarta: Phone *****9 i 5 z r* i j. r' i> ifc*.* i. a r fe j >« ass Every Thursday at 1.15 pm Come see the latest and most exciting
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    • 269 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW HEWLETT PACKARD'S development of a new computer keyboard is a modest achievement viewed against the strides made in the industry. But seen in the light of the mounting misery of business news in
      269 words
    • 8 1 Page 13 stocks, Psgs 11 ocfcs, Pags 10
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    • 35 1 Rodenstock Quality before your eyes FS-Line 215/81 f Ppqhs The label on every heat-dressed office. FRANS FURNITURE PTE LTD 100 Orchard Road, #02-100 Meridien Shopping Centre, Singapore 0923. Tel: 737 2244 Telex: FRANS RS *****
      35 words

  • HOME NEWS
    • 388 2 LOCAL INDUSTRIES, assisted by the Trade Development Board, are increasingly combining efforts to meet a growing trend among major US companies to sub-contract turnkey projects overseas. The TDB said it had been encouraging various local supporting industries in metal stamping, diecasting, plastic mouldings and
      388 words
    • 321 2 SALES of Maxicam, a drug used to treat arthritis and other joint diseases in Singapore, are now suspended, but doctors can continue to give it to patients who have responded well to the drug. "This is not a recall. Sales have been temporarily suspended
      321 words
    • 603 2  -  By BOEY KIT YIN QUALITY CONTROL is not only the business of large companies. Small enterprises should also concern themselves with the practice. All it takes is a healthy dose of common sense, and a willingness not to be overawed by the image
      603 words
    • 155 2 (Chinese) >lk£ «wd u O mi wft am w W«lt «ao&*&*]»*£&#»* ***'h3!£islW&#*¥ Jfittlf T|? B**i&ft <Mk Efe^ffcifiAfnßttfc'&'h fi flfittoH tot* m W fc O &*> M'>*r so e«lwn h si iR n *w* tt MA**£#*«<&& Akirm T«kanaka i£ T- ife n&# s w tt Hfc*e &«IHllfife *£§p»e *&F*J o Takanaka'A
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    • 254 2 CONTRACTS worth more than *18 million for printed circuit board (PCB) assembly and tooling activities have been awarded to three companies in Singapore by US-based disk drive maker Micropolis Corp. The three local companies Flextronics (S) Pte Ltd, Precision Casting, and Lam Soon
      254 words
    • 78 2 A TRADE MISSION, comprising members of the Chamber of Commerce of Treviso, an Italian industrial centre, will be in Singapore from Nov 17-19. They will be staying at the Shan-gri-La Hotel. Representatives from the Italian engineering and manufacturing industries are here to find out
      78 words
    • 75 2 TELECOMS will spend $324,000 to install new indoor telephone booths next month. The new booths, which cost $270 each, will replace some 1,200 plywood booths in the older housing estates and pedestrian passageways. The new fibre-glass booth is stream-lined with a smooth surface and rounded
      75 words
    • 228 3 A PRODUCTIVITY services bureau for management has been set up by the Singapore Manufacturers' Association. "A great deal of time and money has been invested by companies for workers to acquire the knowledge and skill to operate expensive machines which are necessary for higher productivity," said SMA
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    • 265 3 PIONEER, the newsletter of the Ministry of Defence, was the overall winner in this year's third Annual Best In-House Newsletter Awards Competition. Organised by the National Productivity Board, the contest attracted 103 entries. This is 37 per cent of a total of 275
      265 words
    • 310 3 THE EXISTING relationship between local supporting industries and multinationals is antagonistic rather than co-op-erative, says the Singapore Institute of Standards and Industrial Research (Sisir). This has made it even more difficult for supporting industries to buy and sell their goods to the MNCs.
      310 words
    • 370 3 MEMO PAD Seminars and courses DURATION TITLE VENUE ORGANISER Nov 4 Computer Performonce Institute of Institute of Evaluation and Systems Science, Systems Science, Capacity Planning NUS NUS Nov 5 Data Management An Institute of Institute of Appreciation Systems Science Systems Science Nov 7-8 Statements of Auditing Novotel Orchid Singapore Society
      370 words
    • 325 3  -  By GOH YEE LING VIDEO UPDATE, an American franchisor of video specialty stores, is in Singapore to sell its master franchise to any company willing to pay between US$6O-100,000 for it depending on size. The local franchisee will have all marketing rights and
      325 words
    • 253 3 THE DEVELOPMENT OF the revolutionary propfan engine, new-generation black box avionics, fly-by-wire aircraft control, and the many uses of satellite communications are some of the topics to be discussed at a symposium to be held in January. The propfan engine, also known
      253 words
    • 67 3 ORCHARD TURN, the slip road from Orchard Boulevard to Orchard Road, will be opened to traffic from tomorrow, said the Mass Rapid Transit Corporation yesterday. The Central Business District (CBD) gantry point from Orchard Boulevard to Orchard Turn'will also be operational on the same day. Since
      67 words
  • Page 2 Advertisements
    • 294 2 Arab-Malaysian Development Berhad AUDITED RESULTS FOR THE YEAR ENDED 31ST MARCH, 1985 The Board of Directors of Arab-Malaysian Development Berhad (formerly known as Taiping Textiles Berhad) is pleased to announce the following audited results for the year ended 31st March, 1985. RESULTS Change Change Net Profit Before Tax Earnings per
      294 words
    • 66 2 ive. Love Lites. Music that distinguishes The Cathay as the Chinese Restaurant with the unique international supperclub ambience. Come experience this wonderful combination of sumptuous Cantonese cuisine, superb wines and music to dance the night away Solosa Sounds provides 'Music that comes to Life from recordings during the intermissions. UlU^
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  • Page 3 Advertisements
    • 187 3 reasons why you 11 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 msmn Standard <E Chartered Standard Chartered Bank i 6
      187 words
    • 201 3 > FINANCIAL HIGHUGHTS ARAB-MALAYSIAN MERCHANT BANK GROUP 1984/85 Audited Consolidated Results To finance the further expansion of the Group, the Bank Issued Ms4o million Unsecured Convertible Subordinated Loan Notes to shareholders on 31st January, 1965. e Arab-Malaysian Merchant Bank Berhad made a pretax profit of Ms27.6million. an increase of 4.9%.
      201 words

  • OVERSEAS
    • 618 4 Tin consumers reluctant to promise money Agencies THE INTERNATIONAL Tin Council's 22 member-nations failed to agree on Tuesday on a rescue operation for the organisation and were trying again yesterday. Delegates at the meeting in London, who refused to be identified because of
      Agencies  -  618 words
    • 153 4 Reuter ANGRY FARMERS in New Zealand slaughtered about 2,500 sheep yesterday, slitting their throats and dumping carcasses into a mass grave in protest at low mutton prices. Alan Grant, spokesman for the 400 farmers involved in the protest, said the sheep would have
      Reuter  -  153 words
    • 322 4 Reuter SOCIETY EXPEDITIONS, which specialises in expensive holidays in far-flung corners of the globe, announced an agreement to charter two spaceships that by 1992 will take tourists past "the final frontier". "We are looking for serious space travellers right now," said Society Expeditions president TC Swartz.
      Reuter  -  322 words
    • 230 4 Reuter A SENIOR American official has said that if the European Community (EC) does not agree to a new steel trade agreement by today, the US would take retaliatory action. US Trade Representative Clayton Yeutter said yesterday that the agreed date
      Reuter  -  230 words
    • 266 4 AFP BRITISH CAR workers are "the world's slowest," Bob Lutz, the president of Ford Europe, charged on Tuesday at a colloquium on the future of the car industry organised by the European Parliament. Mr Lutz, speaking in Brussels, said it took
      AFP  -  266 words
    • 418 4 UPI AP FORMER US Ambassador to the United Nations, Jeane Kirkpatrick, told a congressional panel on Tuesday that American interests in developing and Third World nations would be harmed if the US withdrew from the world body. "It would be a shock
      UPI; AP  -  418 words
    • 173 4 Reuter BRITAIN'S employers said on Tuesday that confidence among business leaders had fallen and more jobs would be lost in spite of a growth in new orders and predictions of a 17-year low in the inflation rate. The Confederation of British Industry (CBI) said that its
      Reuter  -  173 words
    • 196 4 THREE VETERAN garbage collectors, fired last week for picking up too much trash, are back at work with a strict warning to leave excess garbage for private collectors. Booker Curbean, Robert Ross and Kenneth Chester were fired from their US$27O a week jobs for picking up
      196 words
    • 316 4 Reuter THE REAGAN Administration on Tuesday rejected a Soviet offer to stop building a controversial radar installation in Siberia if the US scrapped plans to modernise radars in Britain and Greenland. US State Department spokesman Bernard Kalb called the Soviet proposal inequitable. Washington says
      Reuter  -  316 words
    • 149 4 Reuter THE HOUSE of Representatives yesterday gave the final approval to a 1966 defence authorisation bill that presumes total military spending of U*****.5 billion and sent it to President Reagan for his signature. But the easy voice vote enactment after months of delay masks the renewed controversy
      Reuter  -  149 words
    • 116 4 UPI TS ELIOT WAS only halfright. April, indeed, is the cruellest month. But not, as he suggests, because it "breeds lilacs out of the dead land, mixing memory and desire." But because, for million of American taxpayers, April 15 is the cruellest day of the
      UPI  -  116 words
    • 125 4 Reuter THE WIFE of a senior American Express executive in Dublin was kidnapped by an armed gang on Tuesday and held for ransom for the second time in 18 months. Police in the Irish city said yesterday that the gunmen, who
      Reuter  -  125 words
    • 122 4 AFP BRITAIN'S rich got richer last year while the poor saw the real value of their earnings fall. According to the latest official earnings survey published by the Employment Ministry in London on Tuesday, gross weekly earnings of the bottom 10 per cent of all income
      AFP  -  122 words
    • 787 4 ARRIVALS Operator Service Local From number time PAA PA2I/5 0020 LAX/TYO/HKG MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH605 0930 KUL MAS MH811 0940 PEN AC AC858 0940 YYZ/LHR/BOM MAS MH671 0950 KUL RBA BI42I 1030 BWN SIA SQI03 1005 KUL CPA CX7I0 1030 CGK
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    • 415 6 AP EVEN IF JAPAN were to remove all trade barriers, its US$5O billion trading surplus with the US would be pared by only $5 billion to (8 billion, said private analysts in Washington. The study by Fred Bergsten and William Cline
      AP  -  415 words
    • 82 6 AFP JAPAN on Tuesday rejected a fresh US demand that it lower import tariffs on plywood and other forestry products one year ahead of schedule in April next year. The demand was turned down at a one-day sub-cabinet meeting in Tokyo, Japanese officials said.
      AFP  -  82 words
    • 184 6 UPI THE STRENGTHENING of the yen, heralded as a means to redress Japan's huge trade surplus with the US, will have an adverse effect on the Japanese economy, financial analysts said in Tokyo on Tuesday. "The stronger yen may help ease our
      UPI  -  184 words
    • 296 6 AP CHINA'S LEADER Deng Xiaoping has said that his reforms, introduced last year to improve urban living standards, "have a good momentum" but will take five years to be successful. Mr Deng, in an interview last week with 60 American businessmen touring
      AP  -  296 words
    • 86 6 AP SIXTY PER CENT of the computers acquired by Shanghai offices are idle, little used or simply "decorations". The official Xinhua news agency in Beijing yesterday quoted officials of Shanghai's Science and Technology Committee as saying that 60 per cent of the city's 6,000 computers
      AP  -  86 words
    • 254 6 AP JOINT VENTURES between China and foreign enterprises are expected to number more than 2,000 by the end of this year, according to China's Ministry of Foreign Economic Relations and Trade. The number of such ventures has leaped from 107 in 1963 to
      AP  -  254 words
    • 114 6 UPI CHINA wants less flattery and more criticism and "forthright admonishment" from foreign visitors, the communist party mouthpiece People's Daily said. "Among the foreign friends and overseas compatriots who come to China as tourists, to see friends and relatives, or on official visits, those
      UPI  -  114 words
    • 199 6 AFP HONGKONG'S gross domestic product (GDP) growth for this year could be lower than the government forecast of 4.5 to 5 per cent, a merchant bank in the Hongkong Bank group has said in a report. The revised official forecast could
      AFP  -  199 words
    • 108 6 AFP THAI opposition leader Pramarn Adireksan yesterday requested an extraordinary parliamentary session to debate what he termed the government's failure to deal with the country's deteriorating economy. Mr Pramarn, who heads the Chart Thai Party, made the request in a letter presented to House
      AFP  -  108 words
    • 340 6 Reuter AUSTRALIA'S industrial strike record has improved over the past five years, but employers say it is still one of the world's worst. From dustman to doctor, Australians generally believe they have the right to strike, and industrial disputes frequently take over the headlines.
      Reuter  -  340 words
  • Page 4 Advertisements

  • Page 5 Advertisements
    • 174 5 n y m r- vv^fiS //w vH vzs i e* If it miit ■r- -*311 JR/-V t*r > .--j. Wv is Hh\ 1 ■SW ,'«11 j?3 i ■EBP 1 I m* J nRPKHsiIH -w* J BSfigftSEl SOTlVft J zwHf Pr mBBSKM i x J tw? wuj^. J S7i*a Wrong. Cossetting
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  • Page 6 Advertisements
    • 86 6 .Qantas. Every day, one-stop to London. The Qantas 747 Express lifts off for London every evening, every week of the year. So you arrive at Heathrow early the next day a One-Stop daily service which is, quite literally, hard to beat. And remember, Qantas flies its passengers longer distances than
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  • Page 6 Miscellaneous
    • 42 6 Doonesbury m 3? m u ml! m 1 U.r. r t V m m yV Tn 31! law W BY GARRY TRUDEAU J #/*#r'' •t'Mkat /4 rm imii HOUJ'M I DOING? THE-BLACK SWFftOORN6, MIUXZIHE SCEteWfFS CFEATIN6 1 r rp a\li£ 5 ft
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  • BANKING AND FINANCE
    • 564 7 SINGAPORE THE US dollar yesterday closed higher against major European currencies but remained weak against the yen, after a day of moderate trading, dealers said. It closed firmer at 2.6155/65 marks compared with New York's 2.6110/25 close, at 2.1465/80 Swiss francs against 2.1390/1410 and at 1.4390/4400 against sterling
      564 words
    • 238 7 Interbank rates at 3pm yesterday: Currencies Nominal rates Smithsonian Bid Offer croaa parity change Locol dollars to one unit of foreign currency: US dollar 2 1320 2.1330 2.8196 -24 39 Sterkng pound ***** ***** 7 3469 -58 27 Australian dollar 1 4945 1 4973 3 4286 -56 41
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    • 131 7 THE OVERNIGHT rate on the Singapore interbank money market rose by H point from Tuesday to close at 4Va per cent yesterday. The one-month term rate fell by V» point and the two-month rate fell 5/16 point. The three-month rate remained unchanged. Discount Prices At yesterday's close b
      131 words
    • Article, Illustration
      322 7 Asian market ASIAN DOLLAR deposit rates yesterday closed easier compared with Tuesday in moderate trading. Overnight closed at 713/16 7-11/16, down 3/16 from the previous close, one month at eight V/», down three months at B'n eight, down Mi and six months at 8-3/16 8-1/16, down 3/16. Asian dollar CD
      322 words
    • 359 7 BA Futures EURODOLLAR futures yesterday gapped sharply higher from Tuesday's close as the market reacted bullish]y on Volcker's comments of an accommodative monetary policy and the better than expected outcome of the 4-year notes auction on Tuesday night. The major resistance at 92.00 in the December contract was tested
      BA Futures  -  359 words
    • 220 7 HONGKONG: GOLD yesterday closed easier in thin and featureless trading with traders looking for a clearer trend for the US dollar. Gold closed at U*****.70/327.10 against 326.90/327.40 in New York. On the local market, gold rose HK$3 to $3,039 a tael. The krugerrand was unchanged at HK52,560, or U*****.30,
      220 words
    • 329 7  -  By SOH TIANG KENG THE NATIONAL BANK of Hungary, the country's central bank, intends to become a regular user of the Asian dollar market following its successful market debut involving a US$25 million floating rate certificate of deposit (FRCD). Mr G Zdeborsky, the bank's
      329 words
    • 207 7 FT REPRESENTATIVES of the major international banks with loans out to the developing countries have broadly endorsed the US Treasury's initiative to accelerate growth in the developing countries, but made it clear that further negotiations will be required before they can
      FT  -  207 words
    • 228 7 OVERSEA-CHINESE BANKING Corporation will issue the OCBC Visa Card from today. This will make it the first local bank to issue two types of credit cards Visa and Master Card. In July, OCBC became the first local bank to be a principal member
      228 words
    • 174 7 AP AMERICAN BANKS' focus on innovative management and their long experience in the US and Europe will help them gain a foothold in Japan's trust banking market. But, said Dennis Ferro, the president of the newly-formed Japan Bankers Trust, the entry to the market
      AP  -  174 words
  • Page 7 Advertisements
    • 126 7 INTERMEX INTERNATIONAL BANK LIMITED NASSAU BAHAMAS U5520,000,000 Negotiable Floating Rate U.S. dollar Certificates of Deposit due 31st October 1986 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from 31st October 1985 to 30th April 1986 the Certificates will carry a rate
      126 words
    • 147 7 What they have in common is a most uncommon priviege. Only OCBC gives you two gold cards for the price off one. ■V ■A -V Welcome to The World Now you can possess a powerful credit combination that opens the door to more than 4.3 million establishments worldwide. As well
      147 words

  • FEATURES
    • 512 8 HEWLETT PACKARD'S announcement yesterday of the development of a new computer keyboard will not set the electronics industry ablaze. In truth, it is a modest enough achievement viewed against the strides made in the industry in the last decade or so. Equally, it is true
      512 words
    • 1186 8  -  More and more Australian companies are looking closely at barter The value of business deals involving countertrade reached US$649 million at the end of 1983 and increased to $1.1 billion by the end of last year. To many companies, it is a question of survival until hopefully
      1,186 words
    • 982 8  -  VIEWPOINT By ASAD LATIF MOHISGOTE, West Bengal, India. A village like any other. I do not think of it because it is very beautiful, or because it is my paternal home. But because of her. Muider-Ma-Chachi, Aunt-who-is-Muid's-Mother. A tiny, crumpled woman, shy with strangers like
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  • Page 8 Advertisements
    • 30 8 T V TePP .hi. VV fCAMPACfff Japanese Restaurant Hotel Equatorial. Tel: *****31. 4th storey. World Trade Centre. Tel: *****28. 6th storey, UIC Bldg, Shenton Way. Tel: *****15. Managed by /tarr/^y///»AW"w/
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  • Page 8 Miscellaneous
    • 625 8 CRYPTIC PUZZLE ACROSS 1 Higher-class punter? (6) 7 It's not eaten at breakfast! (8) 8 It's instrumental in making low noises (4) 10 Superficially burnt or erased possibly (6) 111 start to become a painter (6) 14Reduced share? (3) 16Forename of the queen of France, possibly? (5) 17Coal from Brazil?
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  • SPORTS
    • 1038 9 Reuter UPI IN 1954, Fangio was world motor racing champion, Roger Banister ran the first sub-four-minute mile and Jaroslav Drobny was Wimbledon champion. It was also the year when an 18-year-old jockey named Lester Piggott won his first Derby on Never Say Die. Today, 31 years later,
      Reuter; UPI  -  1,038 words
    • 275 9 Reuter THE PROFESSIONAL Golfer's Association has unveiled plans for the biggest ever sport's bonus points pool US$2 million to be shared by the top 25 golfers of the season. The PGA tour said on Tuesday its new bonus points system next
      Reuter  -  275 words
    • 380 9  -  By WALTON MORAIS MOTHER NATURE smiled benevolently on Wang Jin-Lu yesterday after she had first tormented him to the brink of defeat in the Toyota Singapore Open tennis championships. The fourth seed from China was saved from what appeared to be certain defeat
      380 words
    • 621 9 Reuter ITALIAN restaurateur Gianni Malvaso has no doubt. "Once you are the best you are the best. There is one Michelangelo; there is one Leonardo there is one Ferrari." Gianni's motor racing idols are in town for Sunday's inaugural Australian Formula One Grand Prix.
      Reuter  -  621 words
    • 322 9 UPI JOHN McENROE said in an interview that celebrity is "like rape" and said he wished he and his actress girlfriend Tatum O'Neal were treated like "human beings". McEnroe, in an interview with the Paris sports newspaper Lequipe on
      UPI  -  322 words
  • Page 9 Miscellaneous
    • 1093 9 w cm mm 4 UUi urn 7.25 PM SBC Text Sample Pages. 7.55 Opening and Programme Highlights followed by In-ter-Varsity Debates 1985 Motion: That Singaporeans are too concerned with the present and lack vision (2nd semi finals, C). 9.05 Cosmopolitan Theatre Riel. The natives seize Fort Garry, the headquarters of
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    • 56 9 FPiMC\| R GIRL FROm CM i LOMOOD Re* P\PPePR»NCb 1M THCTyPIMG POOL >j r y -l i LoHerneß SHeJs p v-»eRE N/ou BRe roe e»RisiOui. J M HOU) DRRE. VOU PReSCNT PSST' LOOK FOR one LJ*TH LOORIC UK6.THIS' ItoeOD»NG RtMG TM£ 9»ffejOJNG is PffROOOuS \C 1 RND THe PONCTufyhon v
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  • INTERNATIONAL STOCKS
    • 390 10 FT EUROPE'S top 500 companies have surged ahead on their respective stock markets, taking their combined value to a new high, according to the Financial Times "Top 500" survey. At the top of the 500, newly-privatised British Telecom makes its debut at No. 2
      FT  -  390 words
    • 107 10 Reuter STANDARD CHARTERED PLC says its stake in South African-based Standard Bank Investment Corp Ltd, Stanbic, will drop to about 38 per cent from 41.9 per cent due to Stanbic's proposal to acquire the share capital of two South African financial companies. Stanbic said
      Reuter  -  107 words
    • 332 10 Reuter THE NEW YORK stock market closed sharply higher on Tuesday in a rally driven by a new focus on lower interest rates. Analysts said comments by Federal Reserve chairman Paul Volcker that Fed policy would remain accommodative caused some speculation about a
      Reuter  -  332 words
    • 146 10 OCT 29 c$ 4 4 Imp OH Inco Int Prov Pipe 504 14* 424 -4 -4 15 4 184 Kerr Add 15 unch Argoen Htdgs Loblaw B 214 -4 304 Mossey f erg 34 unch Bonk Novo Scotia 134 40"* 4 4 Mc Blodel Molson A 184 19 4
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    • 189 10 OCT 29 lond Umsec Woolwofth 1225 -50 INDUSTRIALS MININGS A Alpha 855 5 3450 25 170 AE And CI 800 1535 10 410 Buff eh 7550 -100 AMIC 2975 -25 1025 45 1045 -5 2375 125 C G Smith 2300S 1050 50 CNA 190 1460 45 445 4950 25
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    • 647 10 OCT 29 US$ Akon AJurrwi Alcoa Alegheny Lod Alfced Chem Cp A lied Store* Aln-Chalmers Am Brand* Inc Am Broodco*t Am Can Co Am Cyanamd Am Elec Pwr Am Expre** Am Home Prod Am Motor* Cp Am Noti*al Gin Am Tel A Tel Amax Inc Ameroda He** AMF
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    • 928 10 Amsterdam OCT 29 Fta ABN 528 00 1 Aegon 98 50 05 ASo4d 274 50 -1 126 00 -0 2 AM£V 74 20 -0 4 Amro Bonk 91 60 +0 5 40 00 -05 Bob 465 00 5 Bosk ate Bur Tet 108 20 -1 8 C aland
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  • Page 10 Advertisements
    • 492 10 r'Jr.mr. I IT Cf% The siiufiiuj sqfsdttfti at RpMii's mivt I 4 ■5 nj 00*' They are the Baybelles from the heart of Manila. They'll take you through a lively trip of hot disco music and popular favourites. They'll keep you in tune with the times and Jr give you
      492 words
    • 142 10 London stocks. delightful daily buffet luncheon 40 delicious dishes to choose from. At $14++ (adult) and $10++ (child). CR§wn ©FRfNCEHOTEL 1 t>> mm* natrH Continuing the rrince Hotels tradition of friendly service 270 Orchard Road Singapore 0923. Telex: RS ***** HCROWN. Cable: CROWNMOTEL. rax: *****18. Tel: 732 I II I
      142 words

  • ASIAN STOCKS
    • 467 11 HONGKONG: Stock prices closed marginally higher yesterday as light profit-taking trimmed early gains, brokers said. The Hang Seng Index rose 0.65 point to finish at 1,654.68 after advancing more than six points by mid-morning. Brokers said the market was initially buoyed by Hutchison Whampoa's announcement on Tuesday that it
      467 words
    • 234 11 OCT 30 NT 3 14 -0 06 Nan Yo Plas Pocific Com Pocifcc Elect Wre 27 10 1560 1400 03 unch unch 21 60 0 1 0 97 -0 03 Cathay Com Chang Hwa Bank Chan Loona Chio Hwi Cement Chr>o Chem 24 40 46 20 17 60 20
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    • 366 11 TOKYO: Share prices retreated from earlier highs to close slightly lower in light trading as investors continued to await a clear indication of future trends. The market average dropped 5.26 to close at 12,908.66 after falling 23.12 on Tuesday and the turnover was a light 290 million shares against
      366 words
    • 104 11 MANILA: Share prices closed mixed in quiet trading, dealers said. The Mining Marker rose 0.38 to 699.55, while the Commercial and Industrial Index fell 0.68 to 174.92 and oils remained steady at 0.779. OCT 30 Acoj* Mirang P«M> 0 0012 unch 1 Oriental B Phfex B 0 015 0
      104 words
    • 242 11 OCT 30 Cant* INDUSTRIALS A C 1 306 A N 1 287 -1 -2 Lwghton Lend Lease Mogelkin Pet Aust Mayne Nickless Met ah Explor 115 668 230 340 4 12 -3 5 -1 A P M 305 1 Aberloyle 960 unch 256 -6 287 >2 360 Afconce CM
      242 words
    • 69 11 OCT 30 Won 738 9 Hyundoi Const Hyundai Motor KM. 900 920 513 •5 7 -2 707 745 5 755 1305 -10 590 -2 434 3 497 3 643 -2 655 *7 700 10 Dong Ah Gotd Sfor 679 730 9 20 Samwjng Elec 1081 1185 *36 4 Hood
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    • 141 11 BANGKOK: Bangkok stocks closed higher in quiet trading which concentrated on the cement sector, brokers said. The Book Club Index rose 0.67 point to 131.81 and gainers led losers by seven-to-four. Turnover climbed to 188.211 shares from Tuesday's 85,203. OCT 30 ■afcts StOfn Cement 553 10 S»om Citizen 70
      141 words
    • 61 11 Bernama BRITISH PETROLEUM (BP) will double its investment in Malaysia from Msl2s million to Ms2so million over the next five years. Speaking in Kuala Lumpur on Tuesday, managing director Peter Cazalet spoke of plans to expand the company's downstream activities in Malaysia as well as
      Bernama  -  61 words
    • 344 11 Spurred by falling demand and prices Reuter JAPAN'S five major electronics companies have cut earlier estimates on semiconductor production and capital investment for their current fiscal years due to falling demand and declining chip prices. A spokesman for Fujitsu Ltd said the company planned
      Reuter  -  344 words
    • 130 11 AFP HONDA MOTOR Co has started a feasibility study for a second passenger car plant in the US aimed to start production in 1989. Jiji Press yesterday reported that the move came against a background of growing demand for Honda cars
      AFP  -  130 words
    • 115 11 UPI NISSAN MOTOR Co, Japan's No. 2 car manufacturer, has reported increases in both sales and net income for the six-month period ended Sep 30. The company also announced that non-consolidated net income rose 3.0 per cent over the corresponding period
      UPI  -  115 words
    • 39 11 Reuter AMERICAN EXPRESS Inc will make a public issue in Japan of one million shares at U5543,125 each with Nomura Securities as lead underwriter. An application for a Tokyo Stock Exchange listing has been made. Reuter
      Reuter  -  39 words
    • 108 11 Reuter SCHINDLER HOLDING AG has bought a 30 per cent share in Nippon Elevator Industry Co Ltd as part of its plans to expand its already extensive involvement in the Far East. The deal would allow it to make and sell its own products in
      Reuter  -  108 words
  • Page 11 Advertisements
    • 758 11 y i > v V i c% aL. i-kJa'JkS iT Meet Debbie Cedric. the travelling A VmM* singing Duet at the all new Garden I Lounge. Where the cool, luxuriant Garden atmosphere and finest |>vvp«T liquid pleasures make UAKJJtJN pleasant evenings. PENINSULA HOTEL- LEVEL 6 X r*> Lounge Hours: Sun
      758 words
    • 108 11 At COFFEE GARDEN... M 24-HO HONG KONG DIAN XIN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. VC 'Available from llam 3pm A 6pm llpm m m iQeiTi II 19 Gairnhilfcirde Singapore 0922 Tel: 734 6622 qbuSlSd Eat all that you want!
      108 words

  • RAW MATERIALS
    • 615 12 Reuter JUST A DECADE AGO, the then US Secretary of State Henry Kissinger, in one of his frequent and urgent appeals for greater world stability, sent out a call for better NorthSouth cooperation on commodity prices. With an eye clearly on the explosion of oil
      Reuter  -  615 words
    • 580 12 COFFEE ROBUST A coffee futures yesterday fluctuated uneasily to midday to end the morning session at up £12 to down £8 a tonne from Tuesday night's close in nervous trading with most operators sidelined following Tuesday's substantial volume and violent price movements. The market was due around £30
      580 words
    • 127 12 ChiiMM Produce Exchange (Sellers' noon dosing prices on Oct 30 (SS/100 kg) Coconut oil Bulk FOB 75 00 OkJ drum FOB 88 00 New drum FOB 92.00 Copra Mixed (loose) 40 buyers Pepper Muntok White FOB NLW 1002 50 Sorowak White FOB foq NLW 992 50 Sarawak special
      127 words
    • 192 12 WHEAT FUTURES on Tuesday turned higher past midsession on the Chicago Board of Trade, influenced by the positive tone in com and soybean pits, and settled one US cent a bushel higher to unchanged in quiet trade. Small commission house buying pulled prices up, and Continental Grain and Stotler
      192 words
    • 176 12 SOYBEAN FUTURES on Tuesday made further gains after midday and closed 3V« to two US cents a bushel higher on the Chicago Board of Trade, fortified by advances in soybean meal and corn futures. Active buying in soymeal and corn due to rumours of Soviet demand spilled over to
      176 words
    • 177 12 Yarn (In HK$ per bole of 400 lb) China carded yarn. cones Blue Phoenix 16's 2,450 Blue Phoenix 20's 2,600 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Carded yarn, hank Blue Phoenix 2l's 2,750 Combed yarn, cones Blue Phoenix 32's 4,300 Blue Phoenix 40's 4,500 Open-end yarn Blue
      177 words
    • 281 12 Singapore (S$/kilo, e«-godown) Fragrant new crop 1st 0 76 2r>d 054 3rd 0 52 New Crop 25% no stock 10% no stock Thai Broken A-super 054 Sptcial 052 Thai Rice 55% no stock China Rice 10% no stock 15% 072 25% no stock 35% no stock Thai Boiled Rice
      281 words
    • 145 12 SINGAPORE THE MARKET yesterday closed slightly higher with November One RSS buyers quoted at 157.00 cents per kilo, up 0.50 cents from Tuesday. MALAYSIA Book squaring and continued lack of overseas interest saw the market close slightly easier at 180.50 cents per kilo, down half a cent from Tuesday's
      145 words
    • 17 12 s J KL TIN Closing pricct om Oct 29 (M$/kg) 1 Price Suspended L. Turnover (tonnes) Suspended
      17 words
    • 334 12 RAS prices in S cents/kg, FOB in b ales NOON CLOSE Buyers StHcn Buyers Selleri Int 1 RSS Prompt 155 50 156 50N 156 00 157 OON kit 1 RSS Nov 85 156 50 157 00 157 00 157 50 Int 1 RSS Dec 85 158 25
      334 words
    • 106 12 (cents/kg, l-to« pallets) NOV 85 DEC 85 (currant month) (forward month) NOON NOON RAS Buyers StMoft Buyer* Siim SSR 20 150 00 152 OON ***** 153 OON SSR 50 148 00 150 00N 149 00 151.OON MRELB Setters Buyers Sttlcri SMR CV 205 00 207 OON 206
      106 words
    • 102 12 THE MALAYSIAN crude palm oil market yesterday (Hosed steady in quiet trading on late covering. The refined palm oil market remained dull with Dec RBD olein traded lower at US$33O per tonne. Palm oil futures closed slightly lower on light selling and lack of buying interest in reduced
      102 words
  • Page 12 Advertisements
    • 658 12 A The Mitsubishi Bank, Ltd. Incorporated in Japan with Limited Liability CONDENSED BALANCE SHEET AS AT 31 ST MARCH 1985 March 31, 1985 in millions of March 31, 1984 in millions of ASSETS Cash and Due from Banks Call Loans Trading Account Securities Securities Loan and Bills Discounted Foreign Exchanges
      658 words
    • 240 12 NOTICE NOTICE IS HEREBY GIVEN that, I Foong Chok Lan, of No. Apt. Blk 166, Woodlands Street 13, #01-539, Singapore 2573, have applied for a Retail Beer Shop licence in respect of premises at M/s: Wah Leong Store, 81k.166, Woodlands Street 13, #01-539, Singapore 2573, and that this application will
      240 words
    • 241 12 NOTICE NOTICE IS HEREBY GIVEN that, I Khoo Beng Choo (Mdm), of No. Blk 82, Marine Parade Centre #01-600, Singapore, have applied for a First Class Beer House licence in respect of premises at M/s: Ru-Chieh Food Centre Blk 2, Joo Chiat Complex #01-1127, Joo Chiat Rd, Singapore 1542, and
      241 words

  • SHARE INFORMATION
    • 4377 13 AN ABSENCE of buying orders caused share prices to continue drifting lower at the Singapore stock market yesterday. Dealers said the market's lacklustre tone yesterday was due mainly to the draining of liquidity from the system to apply for the gigantic 106 million
      4,377 words
    • 265 13 SINGAPORE Rises K«ong Htdgs 530 Matai 320 ton Elect 510 MtP 398 Eu Yea Song 300 N S T 740 FAN 645 Falls Swnget Ben 570 hji HIM 336 C A S H 50c 330 Corfaberg 470 Kaetacfcr Spare 344 KaUigh 342 Barj—tai 314 Tum Engrg 250
      265 words
    • 3704 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,704 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 495 14 INVESTORS continued to keep a low profile on the Kuala Lumpur stock market yesterday causing share prices to fall across the board in lethargic trading. Conditions were relatively quiet for most part of the day and interest was concentrated around speculative counters. But even
      495 words
    • 3495 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS A|inomoto (3 30S) A Choc (3 04S) (2) 3
      3,495 words
    • 853 14 Tractors Malaysia going through difficult times TRACTORS MALAYSIA Holdings is going through the most difficult period in its corporate history. Once a "glamour boy" producing a huge chunk of group profits, Tractors has ironically become Sime Darby's biggest "problem child". Within four years, Tractors's
      853 words
    • 272 14 Monogert* prices for Oct 31 Singapore Unit Trust The Commerce 1 69 79 The Savmgs Fund 1 27 1 35 S'pore Prog Fund 0 72 •0 76 S'pore Sec Fund 1 06 1 12 S'pore Invest Fund 0 78 0 83 S'pore Equity Fund 0 76 081 Asia
      272 words
    • 60 14 HONGKONG Hang Seng Index Wednesday 1654 68 Tuesday 1654 03 Week ago 1666 7) TOKYO Nikkei Average Wednesday 12V08 66 Tuesday ***** 92 Week ago ***** 34 TSE Index Wednesday 1023 34 Tuesday *****7 Week ago 1025 73 SYDNEY Australian Minings Wednesday 515 1 Tuesday 517.2 Week ago
      60 words
    • 95 14 KHONG GUAN FLOUR MILLING Limited: AGM at 120 Tanjong Rhu Road, Singapore 1543 today at noon. TOSHBAR CORPORATION Berhad: 18th AGM at Melati Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, Kuala Lumpur on tomorrow at 3.30 pm. ROBINSON ft Company, Limited: AGM at 277. Or- chard Road,
      95 words
    • 510 15  -  Interim pre-tax profits plunge 48pc to Ms4.3lm By LORETTA McLAUGHLAN THE RECESSION has finally caught up with Johan Holdings Bhd, the widely diversified Ma-laysian-based conglomerate. After three years of rapid growth, the group has suffered an acute 48 per cent fall in pretax profits
      510 words
    • 279 15 IN WHAT IS SEEN as an exciting scheme of cooperation among companies in marginal industries, four Malaysian-listed corporations and a cooperative are to merge their steel welded mesh manufacturing businesses. The grbup, led by Berjaya Corp, comprises Hong Leong Industries Bhd, Sama
      279 words
    • 587 15  -  By NAJEEB JARHOM EFFORTS to identify new business areas at Malaysia Mining Corp Bhd have been given added urgency following the tinbased group's sharply reduced interim profits. The world's biggest tin-min-ing company yesterday disclosed net earnings per 10-cent share of only 1.8
      587 words
    • 978 15 SHARE PRICES moved further ahead from initial opening levels helped by the Reed International results, dealers said. At 1005 GMT, Reed had moved ahead to 717p, while the FTSE 100 index at 1008 GMT was up 8.4 to a record 1372.8. Beecham and BTR both rose 2p to
      978 words
    • 410 15  -  By CHAN OI CHEE MORE MALAYSIAN-LISTED companies are buying into profitable businesses in Singapore. The latest company to make such a move is CI Holdings Bhd which is acquiring a leading asphaltic concrete manufacturer in the Republic for Ss7 million.
      410 words
    • 238 15 THE EXECUTIVE chairman of Malaysia's Bank Bumiputra, Tan Sri Basir Ismail, has been elected chairman of Cycle A Carriage Ltd to replace Mr Chua Boon Peng, who resigned on Sep 25 after 28 years at Cycle's helm. His brother, Mr Chua Boon Ann, who
      238 words
    • 75 15 MALAYA TIN PRINTING has obtained 70 per cent control of marine engineering company Van der Horst at the end of its extended share offer which closed on Tuesday. Merchant bank Standard Chartered, on behalf of MTP, announced yesterday that acceptances amounting to 26.79
      75 words
  • Page 14 Advertisements
    • 570 14 &The Sanwa Bank Limited INCORPORATED IN JAPAN NONCONSOLIDATED STATEMENTS OF INCOME AS AT 31 ST MARCH 1985 AND 1984 Millions of Yen 1985 1984 Thousands of U S Dollars 1985 1984 income interest on Loans and $4,137,118 S3 663 179 918.175 ¥1.036 968 598.631 1.540.615 213.481 176.302 150.046 386.155 53.508
      570 words
    • 247 14 NOTICES IN THE MATTER OE THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OP BAN HIN MPG PTE LTD (MEMBERS' VOLUNTARY WINDING-IT) At an Extraordinary General Meeting of the Members of Ban Hin MFG Pte Ltd duly convened and held at 5001 Beach Road *04-11 Golden Mile Complex Singapore
      247 words
    • 284 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 18S UPO FACTORY MANAGEMENT PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of LIPO FACTORY MANAGEMENT PTE LTD duly convened at 621 Aljunied Road, Singapore 1438 on 28th October, 1985, the following Special Resolution was duly
      284 words

  • Page 15 Advertisements
    • 729 15 THE TOKAI BANK LIMITED (Incorporated with limited liability in Japan) Head Office: 21-24, Nishiki 3-chome, Nafca-ku, Nagoya NON-CONSOLIDATED BALANCE SHEETS Mart* SI, 1984 tad 1985 1984 1985 (In millions of yen) 1985 (In thousands of dollars) (Not* I) Cash and Due from Banks (Note 3) Call Loans Trading Account Securities
      729 words

  • 479 16  -  By RICHARD SEAH THE .ISSUING of writs and winding-up petitions was one of Singapore's few growth industries in the first nine months of this year. The number of suits launched and writs filed have already exceeded the total for the whole of last year. Only
    479 words
  • 350 16 A WAITING GAME appears to have started among creditors considering winding up debtor companies. Tlie high cost of legal proceedings has made creditors think twice about being the first to file a winding-up petition. "It's throwing good money after bad," says one lawyer who
    350 words
  • 133 16 UPI US PRESIDENT Reagan says the most he can get out of the November summit meeting with Soviet leader Mikhail Gorbachev is to "eliminate some of the paranoia" between the superpowers. In an interview with the British Broadcasting Corp (BBC) on Tuesday, Mr
    UPI  -  133 words
  • 161 16 Reuter SEAMEN and dockers from all over the world met in London yesterday to chart ways of choking off what they call a secret trade in oil to South Africa. Conference officials said shipowners and oil companies would be warned that any of their vessels
    Reuter  -  161 words
  • 159 16 UPI PHILIPPINE President Ferdinand Marcos said yesterday that the US must again define its monetary obligations to the Philippines under an accord that allows the presence of two major US bases there. He said it was necessary to "define more accurately
    UPI  -  159 words
  • 572 16  -  By ALVIN TAY and AMY BALAN SINGAPORE'S BANKING sector earned pre-tax profits of $1.2 billion last year with one third coming from local banks, according to a survey from a leading management consultancy. But the overall profitability of the 154 commercial and merchant banks
    572 words
  • 146 16 Reuter THAILAND supports a proposal to lower the International Tin Council's (ITC) floor price because this will let it intervene in the market more effectively. Industry Minister Chirayu Isarangkura Na Ayuthaya said yesterday the ITC floor level of M 529.15 a kg
    Reuter  -  146 words
  • 469 16 PROPERTY DEVELOPERS have been warned that they can expect little relief over the next two years as the surplus of supply over demand continues to grow. In its recently released report, Property Market Review 1984/85, property consultants Chestertons Lim Oh projected that even with
    469 words
  • 370 16 Reuter THE SWISS government is struggling to find ways of curbing the numbers of people seeking political asylum, amid signs of growing xenophobic feeling in a country that has traditionally been a haven for refugees. More than 6,000 people mostly Turks, Tamils and Zaireans
    Reuter  -  370 words
  • 84 16 COMEX SILVER FUTURES lost 5.5 to 7.5 cents yesterday morning, with the selling placing the market near its key support levels. Silver for December delivery fell 7.5 cents at U556,175 an ounce, standing just above last week's low of $6.15. Analysts in New York said trade houses were
    84 words
  • 65 16 Reuter THE US stock market pushed into record territory in early trading yesterday, extending the rally of the previous session. The Dow Jones industrial average was up five points to 1374, above the record closing level of 1369. Advances led declines by a three-one margin. Stocks were
    Reuter  -  65 words
  • LATE FILE
    • 48 16 AP ITALIAN party leaders yesterday agreed to bury their differences and revive Socialist Premier Bettino Craxi's five-party Cabinet which crumbled following the Achille Lauro hijacking. Mr Craxi said: "We have overcome the government crisis," following a 2 1 2-hour meeting of party leaders.
      AP  -  48 words
    • 49 16 Reuter A NEW wine scandal erupted in Austria yesterday after tests revealed some producers had added an illegal preservative chemical used in explosive detonators. An Agriculture Ministry spokesman said a large quantity of wine from the Burgenland province had been confiscated following tests. Reuter
      Reuter  -  49 words
    • 42 16 AFP DISSIDENT Soviet physicist Andrei Sakharov may be allowed to leave the Soviet Union together with his wife Yelena Bortner, representatives of Vienna's Refugee Community said yesterday. No further details on the matter was given. AFP
      AFP  -  42 words
    • 70 16 UPI MODERATE Sikh leaders, on the eve of the first anniversary of the slaying of Prime Minister Indira Gandhi, said yesterday that Sikhs could not forgive her for the order which sent the army into the Golden Temple in Amritsar, and inspired her assassins.
      UPI  -  70 words
    • 51 16 UPI THE Soviet Union has agreed to share its experience in re-locating large numbers of people to help Indonesia carry out its transmigration programme. The Antara news agency reported this following talks between visiting Soviet Deputy Prime Minister Yakov Ryabov and Indonesian Transmigration Minister Martono.
      UPI  -  51 words
    • 62 16 Reuter TAIWAN'S foreign currency reserves will hit a record US$22 billion at the end of this year compared with US$l6.7 billion last year. A central bank official attributed the increase to Taiwan's rising trade surplus, the bank's growing purchases of US dollars on the local
      Reuter  -  62 words
    • 43 16 AP GUERILLAS of the outlawed Communist Party of Thailand have dwindled in number, but remain committed to forcibly overthrowing the government and setting up a socialist regime, Thai armed forces commander General Arthit Kamlang-Ek was quoted as saying yesterday.
      AP  -  43 words
    • 62 16 AP THAILAND'S trade deficit decreased 9.3 per cent in July, registering 4.9 billion baht (U*****.7 million) compared with 5.4 billion baht (US$2Ol.B million) in July 1984. A Bank of Thailand official said yesterday that exports in July were valued at 15.6 billion baht (U*****.8 million)
      AP  -  62 words
  • Page 16 Advertisements
    • 201 16 SAVE EXPENSES. GET A COMPLETE OFFICE FOR THE PRICE OF A ROOM. Complete services provided with conference room, switchboard operator and access to modern office equipment such as word processor, telex, facsimile, photocopier, etc. It's a modern office concept in office leasing to help you minimize your overheads. All you
      201 words
    • 5 16 ITC meeting fails, Page 4
      5 words
    • 334 16 More than a wordprocessor, for Ipss XV-/A. IVJJ tllCili C\. sef><J jome mom fonrmtiof) ax*;, pew 8256 ■4--w j—%i-r t*«< 4- I Horn# user O Office user O (Please tick) typewriter, i J X Address I Horn# user D Office user (Please tick) Name Amstrad PCW 8256 1111 North Bridge
      334 words
  • Page 16 Miscellaneous
    • 60 16 SMSM&I Outlook foe todoy: Showers expected in several areos in the late morning and early afternoon. Report tor 24 hours prior to 7 30pm on Oct 30 at the airport: Maximum temperature 30.0 Associated humidity 78 Minimum temperature 24.7 Associated humidity 96 Hours of sunshine 1 65 Roinfall in millimetres
      60 words

  • SHIPPING TIMES
    • 449 17  -  By JUNE LIM DOWNWARD PRESSURE on trans-Pacific rates have eased and a sense of stability has returned to the trade. One agent says for the first time in months his competitors failed to react to a rate revision which his company undertook recently. He is left to
      449 words
    • 168 17 Reuter HUTCHINSON Whampoa Ltd has reached an agreement with the government on the proposed HK$2 billion expansion of a container terminal in Hongkong. A spokesman said an accord on land premiums has been reached though it is still subject to approval by the
      Reuter  -  168 words
    • 190 17 AP THE NUMBER OF ships delayed by a damaged lock increased as workers hastened repairs to the vital link in the blocked St Lawrence Seaway on Tuesday, eight days before a reopening deadline. Gay Hensley, a spokeswoman for the Canadian St Lawrence Seaway
      AP  -  190 words
    • PORTSIDES
      • 77 17 MARATHON LeTourneau has reorganised its marine and offshore energy-related activities in the United States. The Houston-based company has created a new division called Marathon LeTourneau Marine to oversee its consolidated marine business. It will be headed by John Allison, who was last president of the Gulf marine
        77 words
      • 103 17 AP HURRICANE JUAN moved ashore and then stalled again on Tuesday, knocking down a third oil rig as its heavy rain and 137 kph wind whipped offshore waves 7 metres high and drove tides high against inland levees. At least three people were dead and
        AP  -  103 words
      • 80 17 JARDINE SHIPPING Agencies has extended its network to South Korea following an agreement with Unipros Marine Agencies in Seoul. Under the agreement, Unipros will be marketed as part of the Jardine Shipping Agencies network in the Far East. Unipros handle vessels of all types at ports throughout
        80 words
    • 1163 18 TIME-CHARTER business dominated the London freight markets on Tuesday. Rate patterns showed little change. Burma Five Star figured prominently among time-charter business by booking three vessels. In Burma, it took the 13,524dwt Dolly n at U553,300 a day basis mid-November delivery and the 15,240-dwt Panaghis Vergottis at $2,900
      1,163 words
    • 777 18 FT WHERE HAVE all the cargoes gone? It could be the shipowner's lament of this year. For after several years of desperately weak bulk cargo markets, they have now become worse than ever. Normally the market goes through a drowsy patch in
      FT  -  777 words
    • 902 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
      902 words
    • 690 18 AB Shpg V 5 Afea Line VI 3 Alphotrans X 3 APC Line V 4 APL III 2/3 Anro Service IV 3/4 ANL 1 1/2 ASCL IH 1 Bolt-Canada Line VH 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 BBS II 4/5 Bayswater Shpg X 3
      690 words
    • 201 19 THE KURUSHIMA Dockyard Group, Japan's biggest shipbuilding conglomerate, has enforced salary cuts for management personnel ranging from 30 per cent to 15 per cent. The reduction in wages this month affect all nine shipbuilders in the group, says a report in Seatrade Week. Despite its
      201 words
    • 364 19 FEW PRIVATE SHIPOWNERS will be able to survive financially over the next 12 to 18 months, says Mr Paul Slater, chairman of the First International Capital Corporation. He blames the current position on the capital speculation which dominated the ordering and buying
      364 words
    • 202 19 THE UNITED Nations Development Programme for faminestruck African countries has given a shot in the arm to at least one African port. Abidjan, along the Ivory Coast, has been receiving record shipments of food-aid cargoes to be transported to inland points such as
      202 words
    • 156 19 CHUAN HUP Agencies, a subsidiary of Chuan Hup Marine, has concluded an exclusive representation agreement with Canada-based Genstar Marine to market and operate Genstar's fleet in South-east Asia outside Philippine waters. The agreement also calls for Genstar to represent Chuan Hup Marine equipment in certain North American
      156 words
    • 204 19 Oct 30-Nov 1 Seminar on ship machinery energu saving and new technology, organised by China State Shipbuilding Corporation, Beijing Science Hall, Beijing, China. Oct 31 Lecture, "The salvage of the European Gateway," by representative of Wijsmuller, organised by Nautical Institute (North East branch), 1930 hours, Trinity Maritime Centre,
      204 words
    • 309 19 UPI FOR THE PAST 31 years, cargo preference has been applied only to food for peace shipments. But in February, US District Court judge June Green ruled cargo preference should apply to a govern-ment-financed commercial sales programme. "I've voted for every farm programme
      UPI  -  309 words
    • 221 19 UPI A WEST GERMAN national and former shipping firm executive was given a two-year suspended sentence, fined US$3O,OOO and ordered to perform 1,500 hours of community service for breaking a trade embargo with Iran during the 1960 hostage crisis. Fred Schlottmann, 30,
      UPI  -  221 words
    • 6910 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      6,910 words
    • 681 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Jayakorta ***** 31.10.85 2300 NAPL F7 1400-1500 N1 Maria 53B 31.10.85 2300 Mansfield F1 1300-1500 U4 B Kemuning 45N 01.11.85 0900 S'pore Shpg F1 2100-2200
      681 words
    • 1624 25 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepter Oceonus ShippmgAgencies (S) Multiport Sdn Bhd (PK) Amencon
      1,624 words
    • 563 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Jenson Matsukaze Nha Trang 1 Vesta E'tern Glory Golden Bear Vinh Tro Ned Leuve K23 K30 K20 K16 K28 K32 K21 K12 Thong Soon Leo Shpg NAPL Borneo S'pore Shp Guan Guan NAPL Ned-EAC alongside alongside alongside
      563 words
  • Page 17 Advertisements
    • 934 17 Monthly from Pitman Available at all good bookshops and newsagents IP Times 111 yi Distributors w Orient Overseas CodcUm Lime Agents: IMOK SHTffK MEMOES (R *t No 2425M/00K) 70 S»ientofl Wa» #04 03 «U<im Hon* Sm»*o" 070/ 1H *****11 Telen NO RS ***** CFS OffICE IPC #***** Tel *****31 2220J3}
      934 words
    • 70 17 a?MDB THIS YEAR'S slowdown hos even olormed those in the industry well used to falling rates and lack of earnings. Page II FEW PRIVATE SHIPOWNERS will be able to survive financially over the next 12 to 18 months, soys Mr Paul Slater. Page 111 Index to advertisers II London freight
      70 words
    • 1254 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 i forearmed $22.00. MAERSK LINE YOUR APPLES FRESH TACOMATO: FASTEST TRANSIT PORT KEIANG 22 DAYS PtNANG 23 DATS Penang Ve«i«l S* pore EXPORT TO USA. EUROPE.
      1,254 words

  • Page 18 Advertisements
    • 495 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Feeder Vsl MARIA IRIS ACE FAMUT ACE GLORY ACt Fwdtf at Tokyo Mather VSL LA/LB ZEELAWXA 30/11 S KASHU M 7/1? P ARROW 12/12 BEISHU M 21/12 Pacific North Waat Faodar at Koto* Atlantic/Canada Faadar at Kotoa Mother VSL N YORK SAV Also
      495 words
    • 268 18 ii^j Supercarrier Service BAftßtß lAMP» N ROUEN BARBER THUS N ROSAMO BARBER PERSEUS Mil ARRIVALSN ROSAJWO 1 11 BARBER HECTOR I 11 N ROCHESTER ?6 11. BARBER 10BA 27/11 N ROTTERDAM 17/12 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Veisel BARBER HECTOR BOOGABHI BARBER TO6A BARBER PRIAM 19/12
      268 words

  • Page 19 Advertisements
    • 1091 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT an or edmburgh FRANKFURT EXPRESS HAMBURG EXPRESS OSAKA BAT BREMEN EXPRESS BENAVON HONG KONG EXPRESS BENALDER CITY OF EDMURGH FRANKFURT EXPRESS Also Accepting Hainbwg to RiHvtai Is Spot PKelang 4/11 t/U 11/11 12/11 19/11
      1,091 words
    • 668 19 Franco Belgian Services /«r Xa i. 4 fl* /vi« fjf (MEMBER OE ACE CONSORTIUM! commit stmt to tuROPt CONTMP SfRWCt FKOM iUW STORE P KEi*NG L« H»»« It dim F'Slr»f Ham B"Ha»«n M CMM com*** hi Pirt (21 Oct) It Hon IS Na* 21 Nat 23 Nat 2« Not 2»
      668 words

  • Page 20 Advertisements
    • 498 20 1 Ibm MJL Hapag-Lloyd TO CONTINENT UK EXPORTS On carriage to Scamfnavia, Med, Carribean t S. America Wand haulage to inland destinations in Etrope S parc PKeianf Penaaf Leuoesßftao Genu Hb»| Mm Bharen A'werp 8/11 9/11 11/11 5/12- 1/1211/12- 7/11 J/11 11/11 4/12- 12/12 17/12- 22/12 14/11 17/11 19/11 14/12-
      498 words
    • 396 20 &.&.LINE MOMH J* Jt'Ti FULLY CONTAINERISED SE RVI C E TO FUROPE VIA [PROM EUROPE VIA SUEZ J Member olthe Ace Consortium KOREAN JACEJM 30E NEPTUNE CRYSTAI 31E ROKEAN CHANCE 23E PKeUnf Spore NKonf Kjoihuif Buun Tokyo 7/11) VII 9,11 10/11 13/11 18/11 (14/11) 1? 11 16 11 17 11
      396 words
    • 525 20 Hal Sun Hup Co (Pte) Ltd -W..» TEL *****06 (20 Lines) TLX R*****1 t. R*****2 u I i:\sti;i{\ \it i.im:k. Ltd. m INTERMARITIME LTD K. Kiubato let *****0 Jakarta let *****1 REUNION/SOUTH AFRICA SERVICE V KK Sparc ft Reu Ofen El Pf CT 15/12 24/12 21/12 12/1 20/1 24/1 27/1
      525 words
    • 730 20 o EVERGREEN Full Container Service (MR GLEAMY EMR GUAM) EVER O NWS [ft* GOLDEN CVCR GOMG EMR GATICR Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) SGP HKG *SC KLG PUS 091 TTO KSN CHS NYC BAL ICG FIX ROM MM Lift SGP 02/11 07/11 OS/11 10/11 13/11 lb/11 16 11 05/12 09/1?
      730 words
    • 300 20 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES S«f apart Ltadmf tar 15/11 B. Abbav B P9 KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC OCEANA COURO KYOWA BREEZE 18/11 SPORE PKetani Loadnf tar: 5/11 P. Moresby, Lm, Newak, Jayapura. Rabatl Kieta. Atotan.
      300 words

  • Page 21 Advertisements
    • 941 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA SEJATI KOTA RATU KOTA AGUNG KOTA TIMUR KOTA WUAYA KOTA WIRAMA VOYAGE E-591 E-597 E-593 E 595 E-599 E-401 HONGKONG SINGAPORE LOADING FOR: 7-8/11 13-17/11 MUKALLA, ADEN. HODEIOAH. JEDOAH. PT SUDAN. AOABA 4-5/11 11-15/11 HOOEIOAH.
      941 words
    • 850 21 BENLINE CONTAINERS 1 EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE UK/CONTINENT Hamtwf Eipress Sated OsjAj Bay SaM Bremen Eipreu Sjird Kurama Maru Saied Benaeon 4/11 Monfkonf Eipreu 11/11 BenaMer 11/11 Mr ot EMwfti 24/11 Mm Man 27/11 B HAVEN ROAM SIM Saied Saied SjM SIM SJM SjM 30/10 (/ll
      850 words
    • 583 21 DJAKARTA LLOYD INDONESIAN NATIONAL UNF SPORE BP BUS** TOKOHMU ROM MOHSUNG HK 21/10 K 10 10 1/11 3/11 S PORE TO JAKARTA/SURABAYA CONTAINER SURABAYA BUSAN 13/11 22/11 EXPRESS SEMI-CONTAINER SERVICE TO EUROPE WEST BOUND I STOK lUN ADAM U BREMEN MATARAM VI3HB 7 9/11 4/12 rAIEWANG V3WB 12 14/11 SRIWIATA
      583 words
    • 608 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR (Burmese National Line) Loadhg for Rangoon Paean V92W Loftaw VIO4W 1/2 I Htomywa V2O6W 9/11 Phashweryawywa V26OW 13/15 PJtdang 6 Nov (Malacca) 30/31 Oct BANK LINE BKi jr.'; a n*. SPORE R'DAM HULL HMBG FORTHBANK 9 Nov 4 Dec 12 Dec 8 Dec
      608 words

  • Page 22 Advertisements
    • 1349 22 K LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEEDER Wl MOTtCR Wl SPORE PKLG PN6 SPORE KOBE GUAYAQUR CAUAO ARICA W AfAGASTA S ANTOMO *AIPARABO KMOH BROGE *49 SEA EXPORTER V7IIS 3 Nov <Hw tlh I Nov 22 Nov gOK 2l* 1 l l 11 l l 13 l>n CENTRAL AMERICA/CARIBBEAN
      1,349 words
    • 681 22 Csa AUSTRALIA EXPRESS CONTAINER SERVICE 23 No. Dk 3 Dec Hlln 13 0« 22 Dk 20 DK 70 Dec 27 Dec HDk Sim 13 ian 12 ten INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore PMang Penary loading lot CAIABAP 4 Not 3 No. kU*«t/B «nk/HaMu/C*uNi MJMGA 71 No. 2i
      681 words
    • 493 22 GOLDEN LINE GUAN GUAN SHPPMG (PTC) LTD K «m( linf Provmctal Bat* Biattni M Ccci Sheet wuras 0104 TU 721)7)0 (It IMS) P «Mn| 03 317*1 Pmm 04 6754U Paaa Godot Ac** OKI" UOVD (N) SON M> m 07-*****0/1 STRAITS/PERSIAN GULF SERVICE: GOIDIN KM Colombt out»> Damnum GOIOEN CUT Cotoflibo
      493 words
    • 254 22 INTRASEA (PTE) LTD. 10 Anson Road "27 16 Internation«< 1 M a/a Singapore 0207 Tel *****1 1 1 1 O Lmesl BREAKBULK SERVICE TO EUROPE/UK S'ptrt P Kcte|LM*| Nr:VAN CONQUEROR BBIS9IS «/ll ROT/AWT/U.K (AVON) MWO BBSS9IS 20/U 25/11 FSBJEK/KIFAST/ ROT/ANT/IK (AVON) ■mutt (PTE) LTD HOME 224(511 MTMK SMPPBK CO.MH 71*4711
      254 words

  • Page 23 Advertisements
    • 637 23 Ullll IIIU —*7 J NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member ol the ACE Consortium Also accepting cargo to/from Scandinavia C R PARIS S'pore Closing Times: FCL Cargo 0400 6/11 LCI Cargo 1200 5/11 FROM EUROPE (VIA SUEZ) Havre Singapore P.Keiang HKong K'siunj Bus 0
      637 words
    • 668 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON I if DO* AM Gcnnal Suit* No 9 Donwi V 507 S/N Godoon HIS m 1/11 IS MOO to 1200 hrs S PI»I «UNIS Nf PIUNI AGINCIfS PTE I ID Tel ??899;/ 7/***** (Booknifsi ???7SIO I
      668 words
    • 793 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUR.DMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Telex Numbers RS ***** RS ***** RS ***** f KQJN6 fOMNQ M/S SHMUKAT NAM SOON SON M> IST AND 2ND FLOOR, MESSRS HM THONG SHPPMG 127 Penang
      793 words
    • 33 23 SIM SWEE JOO SHIPPING SDN. BHD. EXPRESS TO BINTULU t Keiant In fart Loadmc h* CONTAINERISED SERVICE Agents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6 7 K.L. *****0 *****3 *****8 Penang *****1 *****5
      33 words

  • Page 24 Advertisements
    • 673 24 i: Kc«|i«nal Container Line's SINGAPORE BANGKOK SERVICE SINGAPORE-SOUTH THAILAND SERVICE SINGAPORE RATANA BHUM RATANA BHUM RATANA BHUM SPORE AGENT: BANGKOK AGENT: SONGKLA AGENT: PORT KELANG AGENT: PENANG AGENT: PORT KELANG PENANG SERVICE VOY MOW NED THU FRI SAT/SUN STORE P KELANG PENANG 40S/41N Sated to PI/1 No» 2/3 No* 41S/42N
      673 words
  • Page 24 Miscellaneous
    • 194 24 Regional Weather U W ex V fc <T AC) i IT 1 fi !S l' 'm m ur 0* 4' N» !T ss IbSS g HBfii i K %L XW> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. I? Tl Temperature °p A\ IX Thunderstorm Weather Wind direction
      194 words

  • Page 25 Advertisements
    • 120 25 m HSC AGEHCfS K. LUMPUR KELANG PEMAHG P. GUDANG I. BAHARU IiOSHF SPORE *****58/*****56/*****45/*****93 *****1/4 TERMMAL 3M3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE i i l| ir."-MgTTTnmnT^'iiTrTnrf tf irmrnTTTnniTiarrrMfmi i. ■nri utttil ii''ir!'-Mnnwninr!7rT—rmmrann^MnEMtlCTlESHiEllllKaMEll M"i/.'l'TlTTnnim''''ii" l I I MPJUJEEII H"ir: i -«giTaßminrT7 p TtnTir!TTMLlMElMUlEsM^'iiiMliign ALSO ACCEPTMG FOR: wmof, l
      120 words
    • 228 25 I r ir^r XMV jr A .—GENERAL AGENTS rSEAUON SHTfING (S) PTE LTD. LIL.Kjl\Nt SINGAPORE SALES/BOOKW6S TEL *****11 (I UHES REGULAR SEMI-CONTAINER SERVICE TO BANGLA-OEBH/INPIA/SBI LANKA/PAKWTAM M/V CGM VELAY VIILSS My ARMAGNAC V ***** M/V CGM VAR VILS6 SINGAPORE ACCEPTWG/SAIIWG 1) MARSEILLES I 2) ROTTERDAM I 3) HAMBURG To Red
      228 words

  • Page 26 Advertisements
    • 321 26 Vi.EC. EUROPEAN CONTAINER UNES WEEKLY FULL CONTAMR SERVICE VIA ROTTERDAM TO CANARY ISLANDS TENERIFE. LAS PALMAS. FUNCHAL PORTUGAL LISBON. LEIXOES (LCL ACCEPTABLE) FORTNIGHTLY FULL CONTAINER SERVICE TO: EAST AFRICA MOMBASA. DAR-ES-SALAAM I nnv/wVjn nn i to nvniLnoLt rwn niLmiL/ nnuunui. v tnmBIA. MALAWI ZAIRE UGANDA. RWANDA. BURUDI. SUDAN SINGAPORE AGENT:
      321 words
    • 286 26 Mitsui OS K. Lines. Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S jw-.NO EAST AFRICA HEROINAE 8 Nov Mombasa. Daressalaam, Tanga NEDLLOYD MOJI 15 Nov Mombasa. Daressalaam GLORIA PEAK 24 Nov Port Louis. Reunion WEST AFRICA MORNING GRACE 14 Nov P Noire. Monrovia. Abidjan. Tema. Apapa )UTH AFRICA OSAKA MARU HAYAKAWA MARU S.A. VAAL 9
      286 words