The Business Times, 14 November 1985
1985-11-14
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The Business Times
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Title Section12 1985-11-14 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, NOVEMBER 14, 1985 75 CENTS12 words
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Article533 1985-11-14 1 CHAN OI CHEE - Wah Chang and Baker Marine plan to make offer to public By CHAN OI CHEE AT LEAST TWO local industrial groups are preparing to go public soon after the listing of Singapore Airlines in December. Wah Chang International and Baker Marine are understood to have submitted533 words
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236 1985-11-14 1 Reuter STRONG GROWTH in money supply in the US earlier this year foreshadows a vigorous economic expansion in the first half of next year, says economist Milton Friedman. "The implication of the money figures is that we're headed for a very vigorous expansionReuter - 236 words
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Article558 1985-11-14 1 BOEY KIT YIN - By BOEY KIT YIN FAIRCHILD Semiconductor expects a strong pick-up in the electronics industry early next year and has decided to start commercial production of its new high-performance chips in the US and Singapore. Fairchild claims to be the first in the world to make558 words
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310 1985-11-14 1 AFP A BUSINESS slowdown now underway in Japan, with lower output in industry and harsher times for exporters, could eventually hit the Bank of Japan's policy of higher interest rates to boost the yen against the dollar, Nomura Research Institute said inAFP - 310 words
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Article, Illustration81 1985-11-14 1 WITH LITTLE to boost investors' sentiment, share prices generally closed lower on the Singapore stock market yesterday. But bargain hunting was evident in selective speculative issues and a handful of blue chips continued to receive firm institutional support. At the final bell, the BT Com- posit? Index fell81 words
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470 1985-11-14 1 BRIGADIER-GENERAL (Rfs) Lee Hsien Loong will open the US$2O million Chiwan oil supply base in China on Nov 23. This will be a first for a Singapore minister in a joint venture, and it marks another step forward in470 words
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Article, Illustration441 1985-11-14 1 THE CHAIRMAN of the Singapore Institute of Standards and Industrial Research, Dr Lee Kum Tatt, has resigned after more than 15 years in the job "to do something I've always wanted to do". When asked about the reasons for his retirement, Dr Lee's441 words
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93 1985-11-14 1 Reuter PLASTICS INDUSTRY leaders from Japan, South Korea and Taiwan are readjusting their output capacities because of overproduction, lower demand and growing competition from the Middle East. Trade officials said at the end of a one-day meeting in Tai- pei yesterday that reduced USReuter - 93 words
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Page 1 Advertisements
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Advertisement113 1985-11-14 1 Tops in Car Audio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore Phone *****22 Kuala Lumpur Phone *****3 *****0 Penang Phone ***** ***** Jakarta Phone *****9 restaurants Now Serving Sumptuous Breakfast on Every Sunday Public Holiday 8.00 10.30 am All you can eat for only: $7 per person* Adult113 words
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Advertisement271 1985-11-14 1 Bank of Japan asked to keep yen firm, Page 6 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV RADIO OUR VIEW BRITAIN IS FINDING IT DIFFICULT to ottroct bock scientists who hove left for the US, o survey shows. The brain drain, whether from East to West271 words
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Advertisement119 1985-11-14 1 |-?:|>)$:=,}>]+&{{/_{>.@`'|;@[[ in the Business District is like achieving a hote-in-one It doesn't happen very often, itjf But then you don't happen upon a sports shop like Winston's We've been selling the very best names in sporting goods for over forty VIA years, right in the heart of the We have,119 words
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HOME NEWS
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458 1985-11-14 2 LEE HAN SHIH - Combined income expected to fall by about $100 m By LEE HAN SHIH HOTELS AND RESTAURANTS are expected to earn $100 million less than they did last year. Barring a major turnaround in the sluggish hotel and tourism sector, the combined revenue of hotels458 words
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139 1985-11-14 2 THE A&W RESTAURANT begins an aggressive advertising campaign on television today designed to push for the number one spot in the Singapore fast food business. This was announced yesterday by Bowater Food Systems, holders of the franchise in Singapore, Malaysia and Thailand. A spokesman for the139 words
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Article413 1985-11-14 2 THE MINISTRY of National Development has given landowners a two-year extension to clear squatters and "unsightly" buildings off their land, a move believed to have been brought about after the intervention of the Feedback Unit. This extension will push the MND's plan to clear all squatters off413 words
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349 1985-11-14 2 COMMUNICATIONS and Information Minister Dr Yeo Ning Hong yesterday addressed an international telecommunications conference in Seattle, Washington and, eight hours later, a marine technology conference in Singapore. This feat was not performed by Jetting Dr Yeo half way across the world349 words
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338 1985-11-14 2 Getting the message home directly IT MAY BE "Junk mall" to some, but to businesses, direct marketing, which includes direct mail, is the fastest growing method of selling today. Miss Peta Meyer, the creative director at Ogilvy k Mather Direct, yesterday argued a case for advertisers selling direct to target338 words
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Article, Illustration300 1985-11-14 2 DB IJM HUAT SENG has been appointed the director, computer services, of Straits Steamship with effect from Oct 14. Dr Lim will be responsible for the management, business direction and growth of Straits Steamship's computer processing services companies in Singapore, Kuala Lumpur and Hongkong. He is a300 words
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558 1985-11-14 3 ALVIN TAY - By ALVIN TAY THE SMALL INDUSTRIES Finance Scheme, administered by the Economic Development Board since 1976, provides small businessmen with a valuable source of funds at a low interest rate of 7.75 per cent. At first glance, this interest rate seems high compared with558 words
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292 1985-11-14 3 FORTY PEOPLE have since registered for the first national essay competition on productivity. Held in conjunction with the Asian Productivity Organisation's (APO) 25th anniversary next year, the contest offers a chance for the winner to present his entry at a symposium in Bangkok. The292 words
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Article211 1985-11-14 3 (Chinese) 32 U! IKit JW W7. 75 Efilj GlMfcfiJS? *J'h3!J£Mlr*g o -mm* szmnmmyl M xt *ifc IS*" «fr M ft ft HffiJßc6.sEfdjW« W«tf 'hSAĔT ft tit .«#y mn s w in #fcA *ra o N- {t«f«j*»iiwefli Ssh HftUf Jfc&'h &i tt H hHW fife *<&»«»« mtfpfrW frmn o ittb &THkinMm211 words
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275 1985-11-14 3 THE SINGAPORE Tourist Promotion Board (STPB) is teaming up with the private sector to promote Singapore in Europe this month through their participation in two major tourism trade events. A team from the STPB led by chairman Dr Wong Kwei Cheong,275 words
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Page 2 Advertisements
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Advertisement209 1985-11-14 2 WORLDWIDE COURIER Qwnging the way the world does business. Remarkable fax. Remarkable facts Did you know that Telecoms can rent you one of the most advanced facsimile transceivers the FX 84? That it will only cost you $200 a month?* And that the rental you pay includes maintenance by a209 words
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Page 3 Advertisements
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Advertisement302 1985-11-14 3 BCkIDQM THE MOST EXTENSIVE EXECUTIVE RECRUITMENT NETWORK IN THE ASIA-PACIFIC REGION We are pleased to announce the incorporation of a Malaysian company, Boyden Associates Sdn. Bhd. This indicates a firm commitment to Malaysia and was encouraged by our clients who require our permanent on-the-spot presence in Kuala Lumpur. A leader302 words
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OVERSEAS
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543 1985-11-14 4 Paris accused of being the chief cause of export credit wars NYT THE US EXPORT-IMPORT Bank, officially citing France as the principal cause of export credit wars, has announced a campaign to displace French suppliers with American companies in five export markets,NYT - 543 words
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Article237 1985-11-14 4 AFP THE US State Department has challenged a suggestion that the US and France might be to blame for potential instability in the South Pacific which could lead to Soviet penetration. Referring to a report commissioned by the department, a spokesman on Tuesday saidAFP - 237 words
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329 1985-11-14 4 AFP THREE OUT OF FOUR Japanese farmers, who already enjoy numerous tax benefits paid for by Japanese workers, filed fraudulent tax returns in 1964. A study released in Tokyo yesterday by the Internal Revenue Service, which looked at the tax returns covering 1983AFP - 329 words
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148 1985-11-14 4 Reuter THE USE OF advanced biotechnology to revolutionise farming may hurt exporters of primary commodities, and fertiliser and pesticide industries. The International Labour Organisation (ILO) warned yesterday that major exporters of protein feed, such as the US, Argentina, Brazil, Ivory Coast and Senegal, would beReuter - 148 words
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222 1985-11-14 4 Reuter THE US TREASURY has intrigued a conference on international monetary reform in Washington with hints that it might consider future changes to the global financial system. US Treasury Secretary James Baker, addressing a conference of Western finance officials, politicians and economists onReuter - 222 words
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337 1985-11-14 4 Reuter BRITAIN'S Conservative government yesterday opted for higher public spending and a consumer spending boom to revitalise the economy before the next election. In a major financial statement to Parliament, Chancellor of the Exchequer Nigel Lawson indicated that proceeds from the government's saleReuter - 337 words
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Article147 1985-11-14 4 Reuter PRIME MINISTER Margaret Thatcher yesterday announced a top-level inquiry into security at British communications bases after last month's acquittal of eight airmen charged with passing Nato secrets to the Soviet Union. The inquiry also follows a charge by a former employee of British GovernmentReuter - 147 words
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Article, Illustration336 1985-11-14 5 UPI ANY HINT of vote fraud in the Philippine elections could lead to a "disaster of large and undefinable proportions" for democracy in the Pacific nation. Paul Wolfowitz, the US Assistant Secretary of State for East Asian and Pacific Affairs,UPI - 336 words
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126 1985-11-14 5 Reuter PRESIDENT Ferdinand Marcos has said that he would not allow an outside commission to monitor his country's presidential election. In a television interview from Manila with NBC news, Mr Marcos yesterday rejected the idea of an outside monitoring group, in spite ofReuter - 126 words
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Article126 1985-11-14 5 AP CHINA will buy foreign computer software, hightechnology products, industrial equipment and some consumer goods through the rest of this decade, says the Chinese embassy's first secretary for commercial affairs. But China's ability to buy US products is limit- Ed by its ability to earn foreignAP - 126 words
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Article785 1985-11-14 5 ARRIVALS Operator Service Local From number time PAA PA21/5 0155 LAX/TYO/HKG RBA BI443 0300 BWN MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN SIA SQI03 1005 KUL AC AC858 1020 YYZ/LHR/BOM MAS MH605 1020 KUL CPA CX7I0 1030 CGK785 words
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460 1985-11-14 5 AFP THE SABAH state government has revived plans to set up a commission of inquiry to investigate "mismanagement, maladministration and corruption" by the previous administration. Chief Minister Joseph Pairin Kitingan, a 45-year-old Catholic lawyer, said in a statement issued in Kuala Lumpur yesterdayAFP - 460 words
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325 1985-11-14 5 AFP THE UNITED STATES has lifted an embargo on Thai textiles imposed for trade accord violations, forgiving part of a huge inadvertent over-export and allowing three years for reparation of the rest. Officials in Bangkok said on Tuesday the accord was reached in WashingtonAFP - 325 words
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Page 4 Advertisements
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Advertisement88 1985-11-14 4 The Chef carves at 8.15pm every lUesday Thursday at In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself to a hearty slice of this roast, accompanied with all the88 words
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Advertisement9 1985-11-14 4 Doonesbury hat bnn delayed but will be published tomorrow9 words
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Advertisement139 1985-11-14 4 Unquote^ 'Young feller, I think you should listen to your elders.' President Reagan, at 74 the oldest US President in history, joking about what he will tell 54-year-old Soviet leader Mikhail Gorbachev at their summit next week. These parcels could reach your client's desk before he does in the morning.139 words
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Page 5 Advertisements
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Advertisement8 1985-11-14 5 v-41^-. h. n EanAm's747SP Fastest Daily to New\brlc.8 words
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Advertisement34 1985-11-14 5 Extend irresistible invitations. t 1 fill > t IE V X< ft igm the eXtraOrdinary cognac WW/ Distributed by FEHBI Wine# A Spirits 100 C Pasir Panjang Road J Singapore 0511 SS£S Te) *****22 FHMMH34 words
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MONEY AND EXCHANGES
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527 1985-11-14 6 Nakasone pleased with rise Reuter UPI JAPANESE Prime Minister Yasuhiro Nakasone has instructed Rank of Japan Governor Satoshi Sumita to make further efforts to maintain the yen's firmness. Japan's Kyodo News Agency said this was Mr Nakasone's response when Mr Sumita reportedReuter; UPI - 527 words
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105 1985-11-14 6 AFP CHASE MANHATTAN Bank of the US has received approval from Japan's Finance Ministry to start managing investment funds on the Japanese market. The ministry said on Tuesday that Chase Manhattan is the third US bank, after Morgan Guaranty Trust and BankersAFP - 105 words
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Article264 1985-11-14 6 HONGKONG: GOLD yesterday closed little changed In thin trading with light selling by small investors, dealers said. However, short-cover-ing from Europe helped lift the metal from its lows as bullion finished at U*****.35/75 per ounce compared with New York's final 324.50/325.00. On the local market, gold rose HK$l2 from264 words
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Article546 1985-11-14 6 SINGAPORE THE US dollar yesterday recovered against most major currencies in moderate late trading to close higher than its New York levels. It rose to a late 2.6130/40 marks from an opening of 2.6065/65 and compared with New York's 2.6075/85 close. The dollar Armed to a late 204.85/95546 words
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Article246 1985-11-14 6 Interbank rates at 3pm yesterday: CwrMdM Nomina 1 rates S Offer c MNIMMIM roil parity Locol dollar* to on* unit of foreign currency US dotor 2.1125 2.1135 2.8196 -2408 Sterling pound 2 9955 2 9990 ***** -59 23 Austroban dollar 1 4005 1 4033 ***** -59 15 NZ246 words
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Article127 1985-11-14 6 THE OVERNIGHT rate on the Singapore interbank money market fell by IV* point from last Tuesday to close at 3Vfc per cent yesterday. The one-month term rate fell by 3/16, the twomonth rate fell by while the three-month rate fell by S$ Interbank rates at 3pm yesterday: Ottw127 words
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Article349 1985-11-14 6 BA Futures EURODOLLAR futures prices yesterday came off from opening levels as news of temporary higher extension of the debt ceiling to permit new US government borrowing resulted the selling interest. December Eurodollar fell to 92.06 from opening of 92.11 while March contract dropped to 91.96 from 92.03. However,BA Futures - 349 words
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Article, Illustration329 1985-11-14 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading in the afternoon. Overnight, Thursday/Friday and week fixed closed at a common level of BMi 8 per cent. Periods were little changed from earlier levels of a uniform rate of 814 8 per cent for329 words
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Page 6 Advertisements
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Advertisement339 1985-11-14 6 Now take advantage of a unique opportunity to get even more value with an IBM Personal Computer. FREE A color display and a color graphics adaptor worth ****** with the purchase erf"a powerful IBM Personal Computer AT (base or enhanced) FREE A monochrome display and a display printer adaptor worth339 words
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BANKING AND FINANCE
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272 1985-11-14 7 NYT Reuter LLOYD'S of London, in concluding its investigation into a series of scandals that came to light in 1982, on Tuesday imposed a record £1 million fine and expelled from its membership the former head of an insurance syndicate who illicitly diverted substantialNYT; Reuter - 272 words
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Article259 1985-11-14 7 Reuter MONEY MARKET dealers are cautiously optimistic that New Zealand's high interest rates will continue the downward trend generated by reduced inflation. Interest rates on call money, 90-day bills and governments tocks have all dropped by almost two percentage points in three days. The yieldReuter - 259 words
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533 1985-11-14 7 FT THE BRITISH government's plans to float off the Trustee Savings Bank (TSB) have suffered a Jolt with a Scottish judge ruling that the assets of the group's Scottish arm belong to its depositors. The Treasury, which has prepared the £1 billionFT - 533 words
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Article146 1985-11-14 7 Reuter THE THAI CABINET has approved a Finance Ministry proposal to issue royal decrees authorising the government to suspend commercial banks and replace directors found seriously violating the Commercial Banking Act. A government spokesman said the Cabinet endorsed a proposal that the government should quickly amendReuter - 146 words
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170 1985-11-14 7 AFP JAPAN has agreed to reschedule 160 billion yen (US$7BO million) in debts owed by the Philippines. The Jiji press in Tokyo said yesterday that the debts would be rescheduled over 10 years to help tide the Philippines over its current economic troubles. TheAFP - 170 words
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532 1985-11-14 7 Reuter SINGLE-DIGIT interest rates for long-term debt are about to reappear in the US bond markets for the first time in 9M years, approaching a level that analysts say is finally consistent with the level of real economic growth. On Tuesday, the Treasury's 10 HReuter - 532 words
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166 1985-11-14 7 Reuter FEDERAL DEPOSIT Insurance Corp chairman William Seidman said he sees as many as 130 bank failures this year, and expects about the same number to occur again next year. The FDIC has already handled 100 bank failures this year, the largestReuter - 166 words
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Page 7 Advertisements
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Advertisement77 1985-11-14 7 For Sale or Lease I *2 Henderson Centralised location with connecting routes to PSA, Jurong Port, Orchard Road, CBO and Changi Airport. Convenient labour supply as surrounding HDB estates provide a strong industrial workforce Within walking distance to business, food, shopping and recreational facilities at Bukit Merah Town Centre Flatted77 words
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Advertisement249 1985-11-14 7 If you need some cash to fund their education, a Multi-Loan is something you should study. At Standard Chartered Bank we've introduced a new personal loan scheme called Multi-Loans. It's been specially designed for executives and professionals with an income of at least $3,000 per month. The interest is fixed249 words
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RAW MATERIALS
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Article180 1985-11-14 8 SINGAPORE THE MARKET yesterday closed lower with December One RSS buyers quoted at 155.50 cents per kilo, down three cents from Tuesday. MALAYSIA Further Chinese purchases failed to boost sentiment on the market and Dec Int One RSS buyers closed unchanged at 181.50 cents per kilos. Physicals were quiet,180 words
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Article318 1985-11-14 8 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 155 00 156 OON 154 50 155. SON lot 1 RSS Dec 85 156.00 156.50 155 50 156 00 Int 1 RSS Jon 86 157 00 157 50 156318 words
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Article16 1985-11-14 8 KL TIN Closing prices on Nov 13 (M$/kg) Price Suspended 1 Turnover (tonnes) Suspended V J16 words
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Article149 1985-11-14 8 WHEAT FUTURES on Tuesday closed on a steady note, ranging from up three cents per bushel in December to down Vi US cent in May on the Chicago Board of Trade. December posted a 4 V« cent range on the day. An earlier than expected agreement by Egypt to149 words
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Article155 1985-11-14 8 SOYBEAN FUTURES on Tuesday recovered from midsession lows to close quietly mixed, ranging from up one US cent per bushel in November to down IV* cents in July on the Chicago board of Trade. January posted a narrow 2% cent range on the day. Most traders believe the market155 words
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Article139 1985-11-14 8 MALAYSIAN crude palm oil prices were slightly lower at yesterday midday on renewed selling and buyer reserve, prompted by weaker Chicago soyoil futures. November deliveries in the central region was traded Mss lower at $655 per tonne, while no trade was reported for other positions. The refined palm139 words
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Article105 1985-11-14 8 (cents/kg, 1-to« polleti) Q££ gj JAN 86 (currant month) (forword month) NOON NOON RAS Buyers SclUri Buyers Sellers SSR 20 146 00 148.00N 147 00 I49.00N SSR 50 144 00 146 00N 145 00 147.00N MRELB Buyers Sellers Buyers Sellers SMR CV 205 50 207 50N 206105 words
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Article149 1985-11-14 8 Yarn (In HK$ per bale of 400 lb) Chino corded yarn, cones Blue Phoenix I6's 2,500 Blue Phoenix 20's 2,600 Blue Phoenix 32's 3,000 Blue Phoenix 40's 3,300 Girded yarn, honk Blue Phoenix 21's 2,750 Combed yarn, cones Blue Phoenix 32's 4,250 Blue Phoenix 40's 4,450 Open-end yarn Blue149 words
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Article154 1985-11-14 8 Chinese Produce Robusto 20/25% FOB NSW 505 00 Exchange Nutmeg (Sellers noon doling No» 13 (S$/100 kg) prices on 110 FOB NSW 496 00 E&W FOB NSW 438 00 Coconut oil 75 00 88 00 Gambier Bufc FOB OW drum FOB FOB NSW 330 00 New drum FOB154 words
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Article287 1985-11-14 8 Singapore (S$/V4o, ei-oodown) C-1 Speciol C-l Ord unq unq Frogront new crop in 7* Loonzain Rice 100% 1st grade unq 2nd 3rd 0 56 054 100% 2nd grade 100% 3rd grode 215 unq New Crop Parboiled Rice 25% no stock 5% 210 10% no stock 10% 205 Thai Broken287 words
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Article817 1985-11-14 8 COFFEE A SHARPLY firmer New York on Tuesday afternoon boosted London robusta coffee futures, which ended a varied day with gains from Monday night of £83 to £68 a tonne. New York rose strongly to new limit-up gains in early business, buoyed by trade short-cover-ing and speculative buying.817 words
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Page 8 Advertisements
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Advertisement355 1985-11-14 8 Whats the point of i♦± r a business RK;-.; If you think business gifts are really money down the drain, to give and forget, you're probably right. At least as far as your experiences go. But when you want the gift to work to say something positive about your company355 words
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Page 9 Advertisements
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Advertisement87 1985-11-14 9 Canon r ■Rlf Jpl PB? y _gW rs.l ,**r Come and see your future office today! Canon,a world leader in office automation brings you the many wonders of laser technology. See the world's first laser printer perform amazing feats. See the latest laser fax that's faster and more efficient than87 words
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FEATURES
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Article488 1985-11-14 10 IN AN ARTICLE in an NTUC publication three years ago, Prime Minister Lee Kuan Yew warned that any system that denied trained talent its free-market rewards would face a brain drain. He mentioned Britain as a case where punitive taxes had led to this situation.488 words
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Article, Illustration917 1985-11-14 10 ZHOU MEI - The second of a four-part series on social security systems: Malaysia By ZHOU MEI Economics Correspondent A PROLIFERATION of social security legislations cover workers in Malaysia. Broadly, there are four key measures in operation providing organised social security protection for the 5.4 million employed last year.917 words
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776 1985-11-14 10 BESIDES the EPF Act, there are other social security plans covering workers in Malaysia: Gevenuneat pe—l— scheme The retirement age for civil servants is 55, with 50 as the optional age for men and 45 for women. Currently, a civil servant is covered by the776 words
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Page 10 Advertisements
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Advertisement39 1985-11-14 10 'S TePP flt J >• ,rhl. ,„ts *d mr^ OT «ac* 1 sct^ KAMPACW Japanese Restaurant Hotel Equatorial. Tel: *****31. 4th storey. World Trade Centre. Tel: *****28. 6th storey, UIC Bldg, Shenton Way. Tel: *****15. Managed by IC.^"/tttrt*/t" <justraria/ s>«c<»oa(39 words
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Advertisement240 1985-11-14 10 Tomorrow: Social Mcurity schomos in tho Philippinoo BUILDING An Address of Ram Distinction in the Hub of the Business and Financial Centre. Towering 28-storeys above Cecil and McCallum Streets in the strategic hub of the Central Business District, the GB Building will meet your every expectation for a prestigious and240 words
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Page 10 Miscellaneous
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Miscellaneous695 1985-11-14 10 CRYPTIC PUZZLE ACROSS 1 Drinking companions? (6) 7 Where Americans may have set ideas? (4, 4) 8 Face to the sun, possibly (4) 10 Tree remnants on the cricket field? (6) 11 Don't take what you don't want (6) 14 The north-eastern part of it is used for fishing (3)695 words
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SPORTS
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624 1985-11-14 11 WALTON MORAIS - Davis Cup squad building up match toughness through competition By WALTON MORAIS THE DAVIS CUP might yet be a mirage. But for Singapore's tennis juniors, mirages can turn to reality. If they have the patience. The junior squad, who last April embarked624 words
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Article, Illustration387 1985-11-14 11 AP IT'S BEEN a terrible year for Ben Crenshaw the worst of his career. And it wasn't only his golf game. That was bad enough. He finished a distant 150 th on the 1965 money-winning list. He also had personal problems. He was subjectAP - 387 words
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Article, Illustration291 1985-11-14 11 AP IN LAST YEAR'S Benson and Hedges tournament, Boris Becker was ousted in the second round. The 17-year-old West German started play yesterday knowing that in the three tournaments he has played since on British soil, he has not lost a match.AP - 291 words
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150 1985-11-14 11 AFP A FRENCH SYNDICATE S plan to challenge for the America's Cup with a yacht called French Kiss could be scuttled. This became clear on Tuesday when the commodore of the Royal Perth Yacht Club, the custodian of the sports top prize,AFP - 150 words
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Article81 1985-11-14 11 Reuter FRANCE might play in a four-nation rugby union tournament in Australia next June, National Federation president Albert Ferrasse said. France has been considering the possibility of a tour next year to Argentina, Australia and New Zealand, but might alter its plans because Argentina isReuter - 81 words
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125 1985-11-14 11 AP JACK NICKLAUS was chosen to captain the 1967 US Ryder Cup team, the PGA of America announced on Tuesday. Nicklaus was a unanimous selection by the PGA board of directors to replace Lee Trevino in the international golfing competition. Nicklaus will beAP - 125 words
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325 1985-11-14 11 THREE INNINGS DEFEATS in a row sink cricket in Australia to a new low. Two emphatic away defeats at the hands of England in the summer are followed by humiliation at home by New Zealand in the first test. For the Kiwis,325 words
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Page 11 Advertisements
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Advertisement215 1985-11-14 11 Kangxi Lounge ate A ft f. *I 1 r 14 ot> Mi i i J f=ssslgafe^r_!r, Marquez Chamber Strings Only $3'for a drink So what are you wailing for The Perfect Notes A whisky for only $3? Unbeliev able but true, we're charging $3 for every drink (except premium brands),215 words
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Page 11 Miscellaneous
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Miscellaneous1236 1985-11-14 11 W TO mm Kirk Douglas on a rampaga against his wifs's killar in Laat Train From Qun Hill THURSDAY FEATURE SPECIAL Laat Train From Qun Hill 10.30 pm, Channai 5 Tonight Kirk Douglas and Anthony Quinn star in a western about conflicts between love, loyalty, justice and revenge. A US1,236 words
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INTERNATIONAL STOCKS
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412 1985-11-14 12 Reuter SOUTH AFRICA'S major companies face slumping profits as the worst postwar recession, almost two years of unabated rioting and growing world antagonism towards the country take their toll. A Reuter survey showed that the profits of five of the nation's biggestReuter - 412 words
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Article103 1985-11-14 12 Reuter LONDON Stock Exchange chairman Nicholas Goodison has written to Chancellor of the Exchequer Nigel Lawson urging the abolition of the one per cent stamp duty on share deals. Goodison wants stamp duty, which was halved from 2 per cent in 1964, to be endedReuter - 103 words
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308 1985-11-14 12 UPI wai t. STREET set another record close on Tuesday as investors, spurred by Monday's dramatic move up, bought heavily. The Dow Jones Industrial Average, which smashed through records on Monday when it jumped 27.52 to 1,431.88, rose a modest 1.72 toUPI - 308 words
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Article120 1985-11-14 12 NOV 12 Abrtibt C$ 17* Imp CM Inco Int Prov Pipe 52* 16* 45* unch Akan 35 w. Akjomo Argoen HWgs Bonk Moot Bonk Novo Scotia Bel Canada BP Can Ltd 19 Z 33 13* 43 31* 34* unch unch Labiaw B Money Fcrg Mc Blodel MoKon A Mooce120 words
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Article196 1985-11-14 12 NOV 12 Rood Unrsec 585 5 WooJworth 1135 -15 industrials MININGS 840 Anglos 3500 75 175 AngKool *****S 720 -5 1650 90 390 Buffets 7775 375 2765 25 1060 -10 1200 Cons Gold 2370 40 C G Srmth 1950 Cons Murch 1025 unch I70S -100 De Beers 1440 460196 words
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Article652 1985-11-14 12 NOV 12 uss Ale on Aiurran 25«» Alcoa 34* unch Alegheny Lud 25* Altd Chem Cp 44* Akd Stores 63* A His-Chalmers 3* unch Am Brands toe 59* Aid Broadcast 118* unch Am Con Co 60* Am Cyanarrad 54* Am Elec Pwr 23* Am Express 48* unch Am652 words
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Article915 1985-11-14 12 Amsterdam NOV 12 Ft. ABN 549 00 +2 111 00 +25 Ahotd ***** +6 Akzo 130 90 +13 A.MEV 78 00 -0 3 Amtos Amro Bonk 99 70 0 1 Boh 480 50 +0 5 BosVofcs Bur Tet 121 50 -0 5 Coiond Cotve 491 00 unch D«*915 words
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Page 12 Advertisements
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Advertisement657 1985-11-14 12 iff mm i* m* W MKU* k V I. i\> s, j f»„ tonight U.S. Leg Lamb The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn,657 words
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ASIAN STOCKS
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Article384 1985-11-14 13 HONGKONG: Share prices closed sharply higher yesterday with the Hang Seng Index setting another four-year high, buoyed by strong institutional buying. The Hang Seng Index climbed 17.03 points to 1,747.18. It last finished above that level on July 20, 1981, when it stood at 1,777.92. Stock prices rose across384 words
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Article219 1985-11-14 13 NOV 13 MT Lian Hwo Indus 1255 28.00 -0.6 -0.7 AJ Sincara Indus Aim Camant 2.13 21 90 -Oil -03 -05 -06 -03 •05 -0.4 -0.7 •OS -03 •0.25 Pacific Cons Pacific Ekct Wira 1500 1295 -06 -0 45 Chang Hwo Bank 44 40 Pootung Popar 0 84 1480219 words
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Article342 1985-11-14 13 TOKYO: Prices eased slightly in moderate trading as worry over new lows in the bond market and higher interest rates continued. The market average dropped 18.79 to close at 12,716.29 after losing 86.18 on Tuesday. Turnover was 300 million shares against 250 million yesterday on Tuesday. Brokers said buying342 words
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Article97 1985-11-14 13 MANILA: Share prices closed generally higher in quiet trading. The mining index rose 4.64 to 691.24 and the oils index 0.004 at 0.832. The commercial and industrial index was steady at 172.04. NOV 13 PMM Onantol 8 PM«x 8 0 1450 -0005 0001 unch 0001 PLDT 36 50 -097 words
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Article330 1985-11-14 13 BYDNEY: Share markets closed sharply easier with investor confi- dence depressed by a 42-cent fall in BHP's share price to A 58.76. Brokers said Bell chief Robert Holmes a Court appeared not to have been buying BHP shares yesterday and the price eased. Market sentiment was also affected by330 words
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Article70 1985-11-14 13 NOV 13 Won HiudaCaw 900 unch Hyundai Motor 1090 70 Bonk Seoul 740 KAL 640 43 720 12 764 +6 750 -0 Yukona 1360 44 583 -2 459 30 Daewoo Corp 593 +31 Lucky Ltd 745 25 790 40 770 16 642 -10 1232 70 Gold Star 870 5070 words
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Article136 1985-11-14 13 BANGKOK: Share prices closed with further losses in quiet trading. The Book Club Index dipped by 0.22 point to 129.16 and declines led advances by nearly a two-to-one margin. Turnover stood at 350,994 shares worth 39.5 million baht compared with Tuesday's 208,263 worth 44.7 million baht. NOV 1J Aokham136 words
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Article57 1985-11-14 13 UPI MINEBEA, a major Japanese miniature ball bearing manufacturer which faces a hostile takeover bid by an Anglo-American consortium, has reported substantial increases in earnings and sales for the year ended Sep 30. Unconsolidated earnings rose 24.6 per cent over a year ago to 5.8 billion yenUPI - 57 words
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464 1985-11-14 13 Deregulation of financial system a boon Reuter AUSTRALIA'S three major listed trading banks are expected to announce increased net earnings for the year ended Sep 30 when they issue their annual repots, sharebrokers' banking analysts said. Sharply higher profits for Westpac Banking CorpReuter - 464 words
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99 1985-11-14 13 Reuter CHUANG'S Holdings Ltd said an offer of 42 HK cents per share for the company's entire capital by Evergo Industrial Enterprise Ltd was inadequate. A spokesman for Standard Chartered Asia Ltd, Chuang's financial adviser, said the bid did not reflect the full net tangibleReuter - 99 words
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210 1985-11-14 13 AFP JAPANESE investors bought a record USS3LS billion worth of foreign stocks and bonds last month. Financial sources said sales of foreign stocks and bonds in October also reached a record $27 billion, but the net capital outflow of $4.5 billionAFP - 210 words
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Page 13 Advertisements
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Advertisement426 1985-11-14 13 W&ere wine, ani £f% All the sake and Kirin Beer you call for... during lunch of dinner is on the house! And that goes for any soft drink too between October Ist and December 31st. Call 732 1222 ext. 1589 for reservations. See you soon. Cheers! Ample free parking Century426 words
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Advertisement138 1985-11-14 13 HONG KONG DIAN XIN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. 6 < VC m u f 1 'Available from llam 3pm 6pm llpm Set Breakfast Specials of Porridge A Diao Xii available MiMWii. mmtKi 19 Cairnhill Cirde Singapore 0922 Tel:138 words
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COMPANY NEWS
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Article, Illustration998 1985-11-14 14 SIME DARBY BHD'S newly merged insurance division is poised to carve a bigger share of the market in the Asean region. The rationalisation of Sime's scattered insurance interests with those of an emerging East West Insurance a year ago has produced one of the largest998 words
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Article512 1985-11-14 14 Reuter UNITED PRESS International said its management, union and creditors have agreed to sell the 78-year-old news agency for US$4l million to a Mexican newspaper magnate and a Texas real estate developer. Mario Vazquez Rana, head of the El Sol newspaper chain in Mexico, teamedReuter - 512 words
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526 1985-11-14 14 UAC BHD, A LEADING manufacturer of fibre cement building products and pipes, is bracing itself for another tough year. With the slowdown in the pace of construction activity in Malaysia intensifying competition all-round, UAC will have to lean more towards its non-asbes-tos526 words
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Article273 1985-11-14 16 INVESTORS' nervousness caused share prices to end on a slightly easier note at the Kuala Lumpur stock market yesterday in slow trading. Although short-covering activities in the morning pushed share prices higher, most counters closed in minus territory on lack of fol-low-through support. The market opened slightly273 words
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Article, Illustration608 1985-11-14 16 MALAYSIA MINING Corp (MMC), battered by current problems in the international tin market, has shut down another two dredges, bringing to 21 the number of dredges mothballed out of 41. At the end of February this year, 19 dredges were lying idle. Pernas Charter Management Sdn608 words
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Article3485 1985-11-14 16 BID and otter 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 un'us unless otherwise specified. VfXJS TRIALS A Choc (2906 3025) (4) 3.00 (2) 23,485 words
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Article171 1985-11-14 16 SLENEALY PlaatatUa* (Malaya) Berfcad: 26th AGM at Wisma Taiko, No 1, Jalan S.P. Seenivasagam, Ipoh, Perak, Malaysia tomorrow at 3.30 pm. DAY API Iadastries (Malaysia) Berfcad: EGM at Cempaka Room, Equatorial Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur on Monday, Nov 18 at 11.00 am. LUM CHANG Haldlags171 words
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Article98 1985-11-14 16 HONGKONG Tuesday 1494.8 Hong Seng Index Wednesday 1747.18 Week ago 1490 5 Tuesday 1730.15 NEW YORK Week ago 1700.76 Dow Jones TOKYO Tuesday *1433.60. Monday *****8 Nikkei Averooc Wednesday 12/16.29 Tuesday *****.08 Week ago 1396.67 Stondard Poors Week ago *****.00 Tuesday .!22S2 Monday !S?S TSE Index Week ago98 words
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Article270 1985-11-14 16 Monogcrs' prices for Nov 14 Singapore Unit Trust The Commerce 1 64 1 74 The Sovmgs Fund 125 132 S'pore Prog Fund 0 70 0 74 S'pore Sec Find I 03 1 09 S'pore Invest Fund 0 79 0 84 S'pore Equity Fund 0 74 0 78 Asia270 words
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Article928 1985-11-14 16 Current Ex Books Dote Total for Totol for payment dot* close parable the year last year A B N 13%l Aug 19 NYA NYA 13% 26% A Enterprises IO%l Nov 12 Nov 22 Dec 10 10% 18 9%(o) Amol Steel 8%TE(b) Nov 26 Dec 6 NYA 8%TE 8%TE928 words
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Article453 1985-11-14 17 HONG LEONG Industries Bhd has dismissed speculation that it is taking over Toyota franchise holder, Sejati Motor, from UMW Corp Bhd. The group's managing director, Mr Roger Tan Kim Hock, said any investment in the car industry is not feasible in view of the difficult trading453 words
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Article376 1985-11-14 17 GENERAL CORP Bhd has concluded on Oct 14, the sale of its investment of 100,634 shares in Compagnie Du Cambodge for M$10.6 million, giving an extraordinary gain of $1.1 million. DIRECTORS of Sateraa Resources (Malaysia) Bhd have aborted the company's proposed acquisition of 80 per cent of Sarawak376 words
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Article, Illustration823 1985-11-14 17 NAJEEB JARHOM - By NAJEEB JARHOM THERE have been conflicting reports on the motives behind Malaysia Mining Corp's shock decision on Monday to suspend MMC Metals's dealings on the London Metal Exchange. MMC chairman, Tan Sri Nasruddin bin Mohamed.was quoted as saying that prudent commercial considerations823 words
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Article289 1985-11-14 17 THE FOUNDER of South Pacific Textile Industries Bhd has changed his mind about staying on as chairman and managing director of the company. He resigned from the two posts at a board meeting last Friday. Mr David Nai-Wai Lee has, however, agreed to assist the289 words
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LATEST RESULTS
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Article52 1985-11-14 17 Pre- tax profit of M 53.49 million ($4.54 million) on sales of $62.04 million ($57.29 million) for the half year to end-September 1985. EPS is 9.37 cents (14.67 cents). An interim dividend of 10 per cent less tax (same) will be paid to shareholders registered on52 words
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Article993 1985-11-14 17 EQUITIES were marked up at the outset of trading yesterday in response to the autumn economic statement by the UK Chancellor of the Exchequer on Tuesday in which he voiced optimism over inflation and growth. Tuesday's fresh rise on Wall Street also helped sentiment but early buying interest993 words
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561 1985-11-14 17 Reuter THE HANG SENG Index has hit a new four-year high and strong institutional buying may carry it close to a record by the year-end, share analysts said. But some analysts said the market may need help from a major corporate takeoverReuter - 561 words
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Page 14 Advertisements
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Advertisement483 1985-11-14 14 COMISION (U^Jf) FEDERAL ELECTRICIDAD (CFE) US$lOO,OOO,OOO FLOATING RATE NOTES DUE 1988 In accordance with the provision of the Notes, notice is hereby given that for the six-month interest period from 13th November 1985, to 13th May 1986, the Notes will carry an interest rate of 87i6% per annum and the483 words
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SHARE INFORMATION
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Article, Illustration4261 1985-11-14 15 THE SINGAPORE stock market succumbed to selling pressure exerted by weak holders yesterday, causing most share prices to finish lower. The BT Composite Index feU 4.65 points to 660.24 and the Straits Times Industrial Index closed 4.60 points lower at 766.46. The4,261 words
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Article262 1985-11-14 15 SINGAPORE Rises Londmorfcs H 50( 187 Ron Eloct 490 M T P 384 Sol Coconuts 220 O C C 870 FAN 670 M CoWot 600 H Leong f m 260 Metropioi 50« 146 O U Secorttiot 138 CCM 430 Falls M Floor 261 Unotoi 206 Spot* Lond262 words
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Article4374 1985-11-14 15 BID and offer prices officially listed and business in and reported to the Stock Exchange o( Singapore yesterday with the number o< shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".4,374 words
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Page 15 Advertisements
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Advertisement11 1985-11-14 15 KL market report, Business dons on ths KLBE Sss pegs 1611 words
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Page 16 Advertisements
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Advertisement320 1985-11-14 16 Please be informed that with effect from 27 Sept. '85. Mr. Allan Kang Ngong Liang NRIC. *****39/1 is no longer a Director of KNM COMPUTERS (S) PTE. LTD. Therefore he is not authorised to transact or collect any money on behalf of the Company. 'HE ASIAN WALL STREET JOLKNAi, What's320 words
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Advertisement0 1985-11-14 16 |)+[-,>-,|[!/}(]<~}]^.;(../(^,=0 words
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Advertisement733 1985-11-14 16 NOTICES IN THE MATTES OP THE COMPANIES ACT (CHAPTER IK) AND IN THE MATTES OP M.AX. PTE. LTD. (iMxrymM la Ike BepaMlr ti ft) (laLHabattaa) (Member*' Vataatary Wtadtag-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101-A Upper Cross Street, *11-22, People's Park Centre.733 words
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Page 17 Advertisements
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Advertisement182 1985-11-14 17 DISCOVER THE BONUSES ON YOUR CRUISE HOLIDAY Si V 1 Some of our exclusive bonuses Specially planned to cruise by Pangkor Island and Malacca More cruising hours All cruise schedules during and at the festive season of X'mas and New Year With champagne to top it all (on selected cruises)182 words
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Advertisement99 1985-11-14 17 Yi I i wi Talk to our man about money and youll be amazed by his know-how of your business We have the strong backing of the OCBC and Midland Bank Groups to give you the kind of service that only comes with good connections. Callus. We offer flexible packages99 words
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251 1985-11-14 18 Reuter AUSTRALIA'S ability to attract needed foreign v capital could be damaged if siate governments break commercial contracts, Broken Hill Pty chairman James Balderstone said. Actions such as the recent legislation in South Australia cutting the Cooper Basin gas price by 6.1 perReuter - 251 words
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442 1985-11-14 18 LUCY NG - By LUCY NG A CALL FOR the National Wages Council (NWC) to issue only qualitative guidelines from next year has been made by 20 employer organisations. Previously, some employer groups advocated the phasing out of quantitative guidelines in 1987. The employers' views were outlined442 words
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443 1985-11-14 18 AMY BALAN - Growing popularity of such instruments expected to rouse concern By AMY BALAN AMRO AUSTRALIA will launch its US$lOO million note issuance facility today, bringing the total amount raised through this method of financing to more than Ss2 billion this year. But the growing443 words
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Article, Illustration495 1985-11-14 18 JEFFREY TSANG - By JEFFREY TSANG CAR DEALERS, desperate for sales, now appear to be paying their customers to take stock off their hands. Their latest pitch is to offer discounts disguised as negative interest charges on hire-pur-chase agreements. The agent for Ford and Land Rover,495 words
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Article, Illustration355 1985-11-14 18 MORE THAN US$32B million worth of local products entered the US duty-free in the first half of this year. This accounted for about 35 per cent of total Singapore exports to the US, so the running total has "edged up from the 30 per355 words
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Article69 1985-11-14 18 Reuter AN ASTONISHED Pakistani magistrate discharged a two-year-old boy who was carried into his court to face charges of violating game preservation laws. The Karachi Daily Dawn said yesterday a game warden in Punjab province had charged the child rather than his parents with keepingReuter - 69 words
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160 1985-11-14 18 MALAYSIA is tapping the European capital market for a massive 1.2 billion deutschemark floating rate note issue which will be used to refinance its existing external debts. The 20-year FRN will carry a coupon of only 10 basis points over the three-month London160 words
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Article118 1985-11-14 18 Reuter COMEX GOLD FUTURES retreated to their unchanged levels on disappointed selling yesterday after an early rally stalled at Tuesday's highs. In subdued dealings, gold for December delivery was unchanged at U*****.80 an ounce, having backtracked from Tuesday's high of $326.40. Analysts said local traders soldReuter - 118 words
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Article62 1985-11-14 18 Reuter THE NEW YORK stock market moved lower in early trading yesterday as profit-taking pressures helped force a retreat from record levels. The Dow Jones Industrial Average was off six points to 1428. Declines led advances by a seven-three margin on turnover of 13.31 million shares. BroaderReuter - 62 words
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LATE FILE
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Article36 1985-11-14 18 Reuter PHILIPPINE opposition leader Salvador Laurel returned to Manila yesterday to a hero's welcome from thousands of cheering supporters and declared he was "ready for battle" in presidential elections next year.Reuter - 36 words
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Article41 1985-11-14 18 Reuter KHMER ROUGE guerillas and Vietnamese troops clashed inside Cambodia again yesterday and guerilla losses were put at 30 killed or wounded since the weekend. Thai military officers estimated Vietnamese losses at seven killed and 16 wounded. ReuterReuter - 41 words
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Article51 1985-11-14 18 UPI PRESIDENT Samuel Doe said yesterday he had crushed a rebellion led by a former military commander who helped bring him to power and western diplomats said fighting in the capital had ceased. At least 16 people were reported killed in fighting between rebels and loyal troops.UPI - 51 words
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Article50 1985-11-14 18 Reuter CHINA yesterday denied a charge by US Senator Alan Cranston that it was helping Pakistan, Iran, South Africa and other countries to develop nuclear weapons. A Foreign Ministry spokesman said China's had no nuclear cooperation with Iran and no relations of any kind with South Africa.Reuter - 50 words
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Article29 1985-11-14 18 AP THE CONSTRUCTION of Japan's first demonstration plant to produce enriched uranium for the country's nuclear power stations began yesterday in western Japan. APAP - 29 words
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Article57 1985-11-14 18 Reuter ISRAELI Prime Minister Shimon Peres yesterday demanded the resignation of the Trade and Industry Minister Ariel Sharon for slandering Mr Peres' efforts to enter into peace talks with Jordan. However, Foreign Minister Yitzhak Shamir, the head of the Likud faction in Israel's coalition Cabinet,Reuter - 57 words
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Page 18 Advertisements
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Advertisement123 1985-11-14 18 Senior Financial Executives of outstanding ability Currently Earning S$7QOOO-S$2OQOOO Odgers and Co Management Consultants Pte Ltd. are specialists in executive recruitment. We are currently extending our contacts with senior executives of outstanding ability and achievement in the field of finance. We would like to hear from people aged 28-45 who123 words
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Advertisement60 1985-11-14 18 Why run around when you can find everything aft Keck Seng Ibwer? CECIL STREET Good location Distinguished 1 tenants Convenient in-house dining wining outlets Modern design^ Immediate occupation Professional maintenance 24-hr security Choice units Inexpensive rental and flexible lease terms Generous parking lots Free tenants parking Mrs Yeo Keck Seng60 words
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Page 18 Miscellaneous
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Miscellaneous53 1985-11-14 18 Outlook for today: Showers in several oreas in the afternoon. Report for' 24 hours prior to 7 30pm on No* 13 at the airport: Maximum temperature 28.7 Associated humidity 75 Minimum temperature 23.4 Associated humidity 92 Hours of sunshine 0.65 Rainfall in millimetres 0.5 Roinfoll this month 97.9 Rainy days53 words
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SHIPPING TIMES
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Article495 1985-11-14 19 LINDA CHEE - By LINDA CHEE SINGAPORE'S marine industry definitely has a future, says Dr Yeo Ning Hong. The Minister for Communications and Information feels that in spite of the pessimistic outlook worldwide, the Republic can capitalise on its unique strategic advantages and "continue its success story495 words
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155 1985-11-14 19 Reuter AFP FOREIGN ORDERS for South Korean shipyards in 1965 will be around 65 per cent below 1964 levels with a January-October aggregate of 639,500 grt, 36.1 per cent of the same 1964 period, the country's shipbuilders association has said. Shipyards have receivedReuter; AFP - 155 words
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159 1985-11-14 19 A SIX-YEAR contract with Evergreen has prompted the port of Hampton Roads to invest US$26 million in new facilities. The sum will be expended on a fourth berth, three gantry cranes and more container storage capacity for the Norfolk International Terminal. The port159 words
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PORTSIDES
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Article97 1985-11-14 19 AFP JAPANESE COMPANIES are to extend cooperation to a Chinese project to expand cargo handling facilities at China's Dalian Port. A spokesman for the Japan-China Association of Economy and Trade said that an agreement to this effect was signed in Tokyo on Tuesday betweenAFP - 97 words
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Article106 1985-11-14 19 Reuter TAIWAN'S state-owned Chinese Petroleum Corp (CPC) will spend more than Tsl3o billion on major projects over the next six years. A CPC spokesman said in Taipei that the projects, to be carried out between July 1986 and June 1992, include building a liquefied natural gasReuter - 106 words
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Article64 1985-11-14 19 Reuter THE Sabah/Brunei/Sarawak Freight Conference has announced that it will raise its Currency Adjustment Factor (CAF) to 33.5 per cent from 29.5 per cent for ships arriving at Japanese ports effective from Nov 16. The Japan/Taiwan/Japan Freight Agreement has also said that it will raise itsReuter - 64 words
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Article1231 1985-11-14 20 INCREASED grain Chartering on Tuesday has developed out of the Great Lakes following the reopening last week of the St Lawrence Seaway which was closed mid-October when a wall in the well and canal collapsed, shipbrokers said. Shippers paid U5519.25 for grain from the Lakes to Lisbon-Hamburg and1,231 words
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792 1985-11-14 20 NYT FEARFUL that oil companies may someday begin extensive exploration in the Great Lakes, three US middle western state governors are backing a plan to block petroleum drilling there. No one knows if there is oil under the Great Lakes, and industryNYT - 792 words
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504 1985-11-14 20 Fairplay THE TRANS-SIBERIAN Railway first made a serious impression on Western shipowners in 1971, when it started to carry containers in transit between Western Europe and the Far East. The cheap freight rates attracted shippers and forwarders, who were glad to save cashFairplay - 504 words
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Article698 1985-11-14 20 AB Shpg V 5 Afeo Lme VI 3 Alpha trans X 3 Anro Service IV 3/4 ANL 1 1/2 APC Lme V 4 APL III 2/3 ASCL HI 1 Bait-Canada Lme VII 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 B8S N 4/5 Bayswater Shpg IV698 words
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Article232 1985-11-14 20 UPI A US COAST GUARD cutter intercepted a Colombian vessel on Sunday carrying 28 tonnes of marijuana and sank the boat with machine gun fire when the seven crew members ignored warning shots. One member of the Colombian crew reportedly was injured. A Coast Guard spokesmanUPI - 232 words
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204 1985-11-14 21 A BILL has been introduced in the US aimed at skirting the cargo sharing provisions of the Unctad Liner Code. The proposed bill seeks to commit the US president to negotiate bilateral agreements with trading partners to share the cargo equally among204 words
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420 1985-11-14 21 FAMILY INTERESTS behind Lykes Bros Steamship have sold their stake in the shipping line less than three years after buying back into the company for US$l5O million. But the major US liner company will stay in private hands as the 90 per420 words
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317 1985-11-14 21 UPI MOST OF Chile's 70,000 trucks rolled to a halt on Tuesday in a 48-hour petrol station boycott to protest rising fuel costs and frozen haulage rates. Petrol station attendants in the capital city of Santiago said diesel sales had dropped by 80UPI - 317 words
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Article223 1985-11-14 21 Nov 19-20 Conference, "computer applications in the operation and management of ships and cargoes," organised by the Royal Institution of Naval Architects, London Heathrow Penta Hotel. Nov 21 Lecture, "maritime technology: the UK's performance," by Mr Marshall Meek, organised by Nautical Institute (North Easst branch), 1930 hours. Trinity223 words
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Article968 1985-11-14 21 ARGENTINA Nov 5 Buenos Aires 29 vessels berthed. No congestion. Rosario 4 vessels berthed. No congestion. San Lorenzo 2 vessels berthed, 1 awaiting. San Nicolas 3-5 days. 3 vessels berthed, 3 awaiting. Nechochea 2 vessel bethed. Bahia Blanca 10-15 days. 4 vessels berthed, 6 awaiting. AUSTRALIA Nov 6968 words
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4343 1985-11-14 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 Singapore.4,343 words
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Article718 1985-11-14 27 CONTAINER TERMINAL Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL A rr iv a for LCL movement Voy date/time Operator cargo schedule Location Koto Machan Osaka B Niaga 30 Niaga 21 Uni Promoter O Strength RR Ratna Utopia Khd Romas Tanah Air B Kemuning M718 words
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Article1631 1985-11-14 27 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Boustead Shpg Agencies Afea Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus Shipping gencies (S) Multiport Sdn Bhd (PK)1,631 words
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Article492 1985-11-14 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Belait K25W SSPL alongside 14 11.85/1500 Betsiboka K28 S'pore Shp alongside 14.11.85/2300 Mount Sabana K10 P Simon alongside 14.11.85/2300 Straits Pride K24E SSPL alongside 14.11.85/1500 Agnes Venture K16 Borneo 14.11.85/0600 14.11.85/2000 Gambela K20 Kie Gwan 14.11.85/1500 16.11.85/1500492 words
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Article, Illustration203 1985-11-14 28 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits/ Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.203 words
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Page 19 Advertisements
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Advertisement844 1985-11-14 19 Monthly from Pitman Available at all good bookshops and newsagents TIP Times 111 lIU' l)isirihuf<»rs m' Agents: JMMC SHrrWG AGENCIS (Ret Nr 242K4/0M) 70 Shcnton Way #04 03 Marina House Swfapote 0707 Tel *****11 Tetei NO «S ***** US OfFCE IPC #03 029 Tel *****31 2220J3J Ttfmm* OttKe IPC *03844 words
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Advertisement70 1985-11-14 19 IIiMDB FEARFUL that oil companies may someday begin oil exploration in the Great Lakes, three US state governors are backing a plan to block petroleum drilling there. Page II FAMILY INTERESTS behind Lykes Bros hove sold their stoke in the shipping line. Page 111 Index to odvertisers II Weather Map70 words
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Advertisement1239 1985-11-14 19 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. f HE BOOKSHOP m MAERSK LINE KEEP YOUR APPLES FRE! FASTEST TRANSIT TACOMA TO: SINGAPORE 19 DAYS PORT KELANG 22 DAYS PFNANG 23 DAYS1,239 words
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Page 20 Advertisements
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Advertisement527 1985-11-14 20 m Y.S. LINE Y AMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wml Pacific North Waat Faadar at Tokyo Faodar at Koto* Mother VS. LA/LB OA* Mother fil JAI Kl M P. AJUtOW 12/12 15/12 I ALLIANCE lt/12 17/12 20/15 BEtSHU M. 21/12 24/12 HYUGA 22/12 23/12 21/13 I. AMUO 21/12527 words
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Advertisement260 1985-11-14 20 Supercarrier Service I C£l!!7!3H I—m H3!!!^?3iß N ROUEN BJUHI TIMS N ROSAMO NUT ARRNAISN ROCHESTER ?7 11 BARBER TOBA 27/11 N ROTTERDAM IVI2 BARBER TAMPA 15/1? TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA lEE '■p^iriM ;I i Aho acceptang contrj tar Houston (*B) I Francaco Oakland Stockton and260 words
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Page 21 Advertisements
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Advertisement1060 1985-11-14 21 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited I CONTAINERSHIP SERVICE TO UK/CONTINENT HAMBURG EXPRESS OSAKA BAY BREMEN EXPRESS BEHAVOU HONG KONG EXPRESS BE WIDER CITY Of EDMURGH FRANKFURT EXPRESS HAMBURG EXPRESS OSAKA BAY S'pore PKrianf 19 11 21/11 24/11 21/11 04/12 05/12 13/12 14/12 20/12 22/121,060 words
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Advertisement792 1985-11-14 21 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS Syrian Arab Republic Uaa Of Aluminium or Plywood Containers In a circular addressed to all Shipping Lines No. 238 dated 10th July, 1985 The Shipping Agencies Company, (SHIPCO) Lattakia advised as follows:"In view of the bad792 words
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Page 22 Advertisements
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Advertisement519 1985-11-14 22 V mm qjL Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandmavia, Med, "Cafribean IS. America Wand haulage to inland destinations in Europe Spore PKetangPenang leiioesßdbao Genoa Hburj Rdam Bharen Kmttjt Etha Rickmers M/U 1/12 3/1 27/12Peler Rickmers 4/12 t/12 1/12 5/1 11/1 12/1 lf/1 9/1 8N Vouran 7/12 20/12 22/12519 words
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Advertisement463 1985-11-14 22 FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ a Member of the Ace Consortium^ ORINTAL CHEF 46* KOREAN lACENN 31R NIPIUH CRTSTAI 32* KOREAN CHANCE 24W S port PKHinj IfHj.re It dim f stove H bur| Ant»np ?0 II (18 11) 912 10 12 12 12 14 12 1/ 12 27463 words
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Advertisement538 1985-11-14 22 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX *****61 A R*****2 t iKastkkn rut linkk. Ltd. Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Sailings from Japan Vtu* S pote rKt(M( Kudwt Mu»a ntMCt MAMI ¥70 Sjfcd Site) In Port IS Nn 1C No. (KK 16538 words
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Advertisement657 1985-11-14 22 o K* v EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) GENUS fKS MXDfN EVER GONG EVER GATKR EVER GOVERN EVER GUM EVER GOVERN MIC KSG 23/11 24/11 79/11 30/11 7/12 1/12 14/12 15/12 30/12 31/12 22/12 23/12 31/12 31/12 KLG PUS OS* IVO 26/11 21/11 1/12 2/12 2/12657 words
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Advertisement294 1985-11-14 22 US I NOSE \I MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE? Singapore Load** far 15/11 B. Abbas, B. Khorncn Kd KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKdanc LoadMf tar KYOWA BREEZE 11/11 Honiara, Lautoka. Suva Papeeta, Pajo, Apia, N uY SUN UNION LINE294 words
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Page 23 Advertisements
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Advertisement978 1985-11-14 23 > "W. PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA SEJATI KOTA TIMUR KOTA AGUNG KOTA WUAYA KOTA WIRAMA VOYAGE E-591 E 595 E-593 E-599 E-601 HONGKONG SINGAPORE LOADING FOR: 20-21/11 25-29/11 MUKALLA, ADEN, MOOEIOAM. JEDOAH. PT SUDAN. AOABA 27-28/11 3-5/12 TAMATAVE, MOGADISCIO.978 words
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Advertisement726 1985-11-14 23 BEN LINE CONTAINERS EXPRESS CONTAiO SERVICE TO UK/CONTICNT Out) Bjt SjM SjM Bremen Eipross SjM SjM Kiaaru Hjrv SjM SjM HMI BWVEN RDMI HAVRE STQH P KELANG STORE SjM SJM SJM SJM SJM SJM 14/11 SJM SJM bM SJM M 21/11 23/11 Wmom EipmsSjM SjM 14/11 16/U U/U 7/12 1/12726 words
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Advertisement631 1985-11-14 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE CONTAINER SERVICE 11/12 22/12 TO EUROPE WESTBOUND STqg Imuuo PAIEIBAMG VWB 11/11 PIUDIM V3HB (2ND CAU) SRMUATA VIMB KUTAI »7WB s pmmng viime 27-31/11 j 21/12 21/12 25/12 ISTOK I BUM IM/TUUIV ADAM RDAAI HHBK/ 1111/121 1/1/K6-7/1/K 110/1/K 11 14/1/K631 words
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Advertisement660 1985-11-14 23 BOUSTEAD SHIPPING AGENCIES Pan-an VSSW Htoneywa V2061X 21/23 Nov Phashwotyawywa V26OW 19/21 Nov Pafan V92W BURMA FIVE STAR Burmese National Line) Loadhf for Ranfoon PKeianc Penanf In Port/18 Nov(Malacca) Patau V92W Lasfro V 52 Lokaw ¥105 25/26 Nov 21/22 Nov V* BANK LINE fry*- 3 BK'.. IfJ k aa:l'iriKi'.il MEADOWBANK660 words
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Page 24 Advertisements
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Advertisement1315 1985-11-14 24 I K —KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEEDER VSI MOTHER VSI STORE PKLG PNG SPORE UTOPIA V? TEN 11 Nov 12 Nov 14 Nov li Nov KOBE GUAVAQUR CALLAO ARICA 2 Dec 25 Dec 2 lan Sim KJWQUE 7 tan Af AGASTA S ANTOMO VALPARAISO t lan 11 lan 131,315 words
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Advertisement548 1985-11-14 24 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore PMdnf Pcnjng loading to< CHAMMMS 11 No. Coctm Bontir AURIGA" 4 Dec 2 D»c kbdnißdrtr HjkfcaC*titti KIMIMS 6 0»c Mjdm CotonOo Bon**, Dch CAIABM 18 Dec It Dec Madras B dnk/Hatta/CitcuM) INDIA SERVICE Accepting FCL Containers and Conventional Cargo Singapore PMang Penang548 words
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Advertisement594 1985-11-14 24 GOLDEN LINE GUM) GUAN SHIPPING (PTE) LTD Reanf tunf Pronncial But BuMnf M Ceci Street SHGAPORE 0104 (EL *****90 (10 IKS) P Kttaf 03 317*1 Penanj 04-(254M Pim Gudani Ajent OMENT HOTO (M) SON BHD TEL 07 *****0/1 STRAITS/PERSIAN GULF SERVICE: S pot* P RelangPenang GOLDEN CITY Colombo Karachi Mma594 words
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Advertisement402 1985-11-14 24 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa Pla/a Singapore 0207 Tel *****1 1 I 1 O L nesl 2 VOIAS o BREAKBULK SERVICE TO EUROPE/UK P.T PERUSAHAAN RELAY ARAN T KALIMANTAN WRECT MEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessd MAGA XXI Voy IS/S5 ETA/ETD 16/17 N MAGA XXXXI Voy402 words
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Page 25 Advertisements
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Advertisement643 1985-11-14 25 „NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member of the ACE Consortium TO EUROPE/UK (VIA SUEZ): Ml CONTMCR 47W. OCWf 46N K MC£«I 31N CRYSTAL 32W I CHANCE 24N SS MIDGE 53W Also accepting cargo to trom Scandinavia 0 CHIEF S pore Closing limes FCL Cargo643 words
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Advertisement596 1985-11-14 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN, INCHON SPUHI At J NTS WPTUW AGINCIIS Pit no let ?7899/ 7 ?78*>4}4 ißookmfsl ???7">10 (Operations) ????48 7 ??09?84 11 I ??0?4M) ??0?')04 (CFS) Mil •»Si* lI.INIS T!IN*S SI !l» SDN BHD HI lei *****0 414?44 PK596 words
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Advertisement879 1985-11-14 25 h m siNsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILD«G 55. Market Street Sintapore 0104 Telephone Nunbers *****3 (15 Lms) Cable Address SMSOV SINGAPORE Tdei Nunbers RS ***** RS ***** RS 2510S P. KELANC PENANG M/S SHRRKAT MH SOON SM. MO.IST AND 2NO FLOOR. MESSRS HM THONG SHPPMG 127879 words
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Advertisement38 1985-11-14 25 SIM SWEE JOO SHIPPING SDN. BHD? EXPRESS TO BINTULII SHE! LONG SATU Voy IS CONTAIN P. Kebnf In Part lED SERVICE for Agents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6 7 K.L. *****0 *****3 *****8 Penang *****1 *****538 words
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Page 26 Advertisements
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Advertisement602 1985-11-14 26 Kcgimnl Cimtaincr IJucs SINGAPORE BANGKOK SERVICE STORE SOUTH THAILAND SERVICE PORE P.KELANG -PENANG SERVICE HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPKIAIISFD HEAVY tIfIFRS AWAII ABI f DSR-UNES VEB DEUTFRACHT/SEEREEDEREI ROSTQCIt FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE SANGERHAUSEN 3/15 GLAUCHAU 10/15 NORCHAUSEN 5/15 GRWMTSCHAN 1/K STORE ANTWERP RDAM HAkBURG602 words
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Page 26 Miscellaneous
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Miscellaneous181 1985-11-14 26 Regional Weather t ft 0 N ft 4 1 2 M £S M m *> rr*o 2 a y A "s?T. r, >< 05 •lIS i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND °C yA cf v Wind direction with speed m knots Wave height One181 words
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Page 27 Advertisements
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Advertisement136 1985-11-14 27 MSC AGENCES K. LUMhJR P. KELANG PENAN6 P. GUDANG J. BAHMNJ LEOSHP SPOKE *****88/*****56/*****48/*****93 3*7111/4 TERMMAL 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE El H i iry ITWgyTHT r T^TmirTTMB^MgTTTITMII''' I ii"'.IFrgTIFHTTTTII 'i/.y i 'J vFnTT7ITI[Ti7r w '^TnHfTTTMmkTnr»fTTTTr'^ TT T?TTIgTTIgTTI| i if. ■»rTTTniI l!V'ii" l .'TyTimrTM^JkT!T^JEigjnir^J|gmgTTME^y ii if136 words
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Advertisement49 1985-11-14 27 COLUMBUS LINE REEDEREI GMBH EXPRESS SEMI CONTAINER SERVICE TO HUH ROTTERDAM HAMBURG SPORE RDM HBG HULL MV TOANA PAPUA V 4 22/11 22/12 19/12 1/1 MV MEADOW BANK V 9 1«/12 13/1 17/1 21/1 a™ SEAL lON SHIPPING (S) PTE LTD S*ii*pore SAKS BOOKINGS lEI ??o*>6»l (8 taws! w49 words
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Advertisement260 1985-11-14 27 ■V—— LICORNE AGENTS SEAUON SMPTMG (S) PTE LTD. SINGAPORE SALES/BOOK HGS TEL *****11 (t UPC) Scan Dutch V To Europe (Med/UK/NC/Scan) B Butang 14/11 6 Butang 21/11 6 Butang 28/11 6 Butang 5/12 B Butang 12/12 B Butang 19/12 B Butang 15/11 6 Butang 22/11 B Butang 30/11 B Butang260 words
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Page 28 Advertisements
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Advertisement260 1985-11-14 28 vr.E.c. WEST EUROPEAN CONTAINER UNES MEEKLY FULL COHTMO 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 THROUGH RATES AVAILABLE FOR INLAND HAULAGE TO ZAMBIA. MALAWI. ZAIRE. UGANDA. RWANDA. BURUDI. SUDAN SINGAPORE AGENT: ALPHA TRANS260 words
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Advertisement346 1985-11-14 28 >w Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S N—.NO*] EAST AFRICA NEDLLOYD MOJI 1 GLORIA PEAK 2 ASTRA PEAK 2 WEST AFRICA MORNING GRACE 1 EARNEST VENTURE 1 *Subj to inducement 16 Nov Mombasa. Daressalaam 25 Nov Port Louis, Reunion 23 Dec Port Louis. Reunion 17 Nov P Noire, Monrovia.346 words
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