The Business Times, 22 May 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, MAY 22, 1984 60 CENTS
    12 words
  • 380 1  -  By RICHARD SEAH ANOTHER stop work order was served on Daewoo Corporation over the weekend, threatening further delay to its already troubled Housing and Development Board project. This was the third such order received by the South Korean company since it started work on
    380 words
  • 595 1  -  On course to an automated future By LEE HAN SHIH A LARGE number of undergraduate engineering courses will be replaced with computer-aided-design and manufacturing (CAD/CAM) courses in the next few years in preparation for the coming of automated factories to Singapore. The new
    595 words
  • 241 1 LAWYER YEO Thiam Chong, 43, was ordered to be struck off the rolls yesterday for misappropriating $11,000 of his client's money. The order was handed down by a three-judge court comprising Chief Justice Wee Chong Jin, Mr Justice Sinnathuray and Mr Justice L
    241 words
  • 321 1  -  By RAMESH CHANDIRAMANI THE SINGAPORE stockmarket suffered another setback yesterday as shares plunged once again on carry-over bearishness from last Friday's weak performance. It was "sell" from the opening bell yesterday, with jittery investors liquidating stocks as fast as the buyers would take them. Anxiety among some
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  • 65 1 AFP FIVE MEN were charged in Hongkong yesterday with conspiracy to defraud in connection with the Carrian conglomerate which collapsed last year, Hongkong police said. Three of the men charged were Chinese and two others were Europeans. The charges were in connection with the Carrian case,
    AFP  -  65 words
  • Article, Illustration
    66 1 A PILLBACK during the late afternoon session yesterday could do very little to correct the market's early morning sell-off. Doable-digit losses were recorded la all sectors of the market, bat many stocks clooed off tbeir day's lows. At the final bell, the BT Composite Index was slashed 14.65
    66 words
  • 545 1  -  By JEFFREY TSANG COME JULY, car buyers will not find Renault and Porsche cars in the same showroom. This is because the distributorship of Porsche cars, now being held by Exklusiv Auto Pte Ltd, will be returned. Porsche's local franchise holder, Ngo Hock Auto Spares
    545 words
  • 306 1  -  By PENG AILIAN HEXACON Construction has won the tender for the Serangoon Sludge Treatment Works extension. With a bid of $39 million, Hexacon won the job comfortably against more established names such as Paul Y Construction ($44.3 million), Lim Kah
    306 words
  • 109 1 THE TWO cars and lorry above are making their way along Seotts Road through more than half-a-metre of water, caused by a sudden downpour yesterday afternoon. The rain started at about 1.30 pm and ended two hours later, leaving 14 areas flooded in Singapore. In
    109 words
  • Page 1 Advertisements
    • 134 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Editorial page 8 Own a Hertz and drive the best "Many car rental companies live up to their names they merely rent cars At Hertz it's different! When I rent a car I get more than just a car I get reliability and the
      134 words
    • 265 1 mm SHARE INFORMATION 15 RAW MATERIALS 12 MONEY EXCHANGE 7 THE CURRENT declining trend in the number of Japanese tourists coming to Singapore has been alarming enough to warrant intensified efforts to attract as many of them to the Republic as quickly as possible. Paga2 ALTOGETHER fifty-four people have applied
      265 words
    • 81 1 Full report, Pag* 16 International stocks, Page 10 Asian stocks, Paga 11 Business Class is Business Class." "ButonKLM, you can feel die difference!' HH Wider seats 4 1 inches wider, giv ing vou more room than ever before. A 30-kilo baggage allowance, 10 kilos more than before. Free drinks, including
      81 words
    • 6 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM
      6 words

  • HOME NEWS
    • 477 2  -  By JAIME LYE THE CURRENT declining trend in the number of Japanese tourists coming to Singapore has been alarming enough to warrant intensified efforts to attract as many of them to the Republic as quickly as possible. With its eyes on young Japanese women,
      477 words
    • 187 2 THE Australian Trade Commission is conducting a $100,000survey to study local earning and spending patterns, as well as identify opportunities for Australian businessmen here. The survey is expected to take several months to complete. Mr Graeme Hargreaves, the Australian Senior Trade Com- missioner
      187 words
    • 230 2 THE KEY to better and more efficient managers lies In giving them u well as workers the right skills to use their time and brains to the fullest. The Times Organisation Is marketing a management training package centred on homan resource
      230 words
    • 112 2 THE VOCATIONAL and Industrial Training Board (VITB) is organising a national workshop on work-oriented education for in-school and out-of-school youths. This workshop, to be held tomorrow and on Thursday at the Regional Language Centre, is part of the Asean Development Education Project (ADEP) sub-project on
      112 words
    • 335 2  -  By MONICA GWEE MORE ATTENTION will be given to "quality" if all goes well with an action plan designed to boost total quality control practices in Singapore. The sub-committee on productivity through quality and reliability (CPQR) has a varied bag of programmes to
      335 words
    • TRADE TALK
      • 36 2 has added two more wine houses to its range of wines. They are Yalumba wines and HillSmith Estate wines, both originating from the vineyards of Australia's winegrowing region, the Barossa Valley in South Australia.
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      • 161 2 "Railbus" a bus that runs on railway tracks is proving to be one of the cheapest forms of travel in the world. The first demonstrator train is now in South-east Asia and will soon be in Denmark and the US. Inexpensive to buy, operate and maintain, and well
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      • 59 2 Air- lines is planning to speed up its passenger clearance at airport terminals by introducing boarding card printers that also print baggage labels. The first of these new printers, developed in cooperation with Siemens, will be installed next year. Lufthansa has ordered more than 300 printers at a
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      • 38 2 tunnel test method to meet the most stringent Norwegian Maritime Directorate (NMD) standards for wind tunnel tests has been developed by NKK (Nippon Kokan), Japan's second largest steelmaker and a major engineering-construction and shipbuilding company.
        38 words
      • 89 2 Maga- zine readers recently voted the Inter-Continental chain as one of the best overseas groups, followed by Hyatt International and Holiday Inn. This was part of the "Hotel of the Year Award" organised by Executive Travel in conjunction with Exp-o-tel, Britain's biggest hotel booking agency, to ascertain the
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      • 152 2 will now be able to buy into Australian stockbroking firms. The decision by the Federal Treasurer, Mr Paul Keating, brings to an end an era when all stockbroking firms were fully Australian-owned. Mr Keating said foreign ownership would be restricted so that overseas interests could only have less
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      • 102 2 Minister Dato Shahrir bin Abdul Samad will open the Malaysian Building Exhibition, Malbex 84, at the Hilton Hotel on June 12. This is the third consecutive exhibition in the highly successful series organised by AR Format Sdn Bhd. More than 200 companies will take part in this exhibition,
        102 words
    • 347 2 THE Vocational and Industrial Training Board's seventh Motor Vehicle Inspection Course will begin on June 25, 1964. The course is designed to train service station personnel and garage mechanics in the pre-inspection of cars for the annual vehicle inspection. Lessons include
      347 words
    • 249 3  -  By JEFFREY TSANG INTEGRATED Services Digital Networks (ISDNs) are now the "in-thing" with a capability to transmit voice, text and data. This new system has been designed to replace Public Branch Exchanges (PBXs) currently used by most companies here. For although PBXs can also
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    • 383 3  -  By LOH HUI YIN AIRLINES can still thrive in an open business environment. In fact, such an environment will benefit them as increased competition will result in a bigger passenger traffic. This form of "workable competition" in commercial aviation was proposed by
      383 words
    • 313 3 THE RESPONSE to the "Dial-for-Mandarin" telephone service has been so encouraging that it is being extended for another year. Mr Ho Kah Leong, Parliamentary Secretary for Education, said that 97 per cent of the respondents in a survey conducted in March this year would
      313 words
    • 220 3 A 12-WEEK course will be introduced to equip public relations managers with an in-depth understanding of the application of public relations tools and techniques in management. Organised by the Institute of Public Relations of Singapore (IPR&j, the course, beginning on July 3, covers
      220 words
    • 140 3 AN EMINENT scientist from England has been invited to deliver two keynote addresses during the Singapore Youth Science Fortnight and the Fourth Singapore National Academy of Science Congress 1984. Professor RL Wain of the University of Kent will speak at the finals of the
      140 words
    • 327 3  -  By MONICA GWEE FIFTY-FOUR people have applied for the 30 available places for the George Washington University graduate degree in Human Resource Development (HRD). The Master of Arts degree programme in HRD is a joint effort between the American university and the National Productivity
      327 words
    • 95 3 RELIABILITY, Maintainability and Product Safety is the fourth and final part of a comprehensive training programme in quality management and techniques. It is organised jointly by the Singapore Institute of Standards and Industrial Research and the Singapore Quality Reliability Association. The programme seeks to
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  • Page 2 Advertisements
    • 227 2 lubertu* j (SriU amply owiss and Selective" ■y- >* ->r *r*- .U U U IT 3^ 10 1 Swiss fare has arrived in full splendour at the dining tables of PesUva? US in thC Century Park Sheraton's exciting 17-day Swiss Food Select from our special Swiss a la carte menu'
      227 words
    • 247 2 ri 1 i I <i f JLi L 7 I SSSiSSM hwhm i -»j •in sT v 5 r fs- •▼"■4 -^r?TT^rrr!T"ir^i v r .#AM i i.J *1' f«•H J -df *f i >» j Ty t'j'yjvJ f'C U I tJK» rr-TTi«' f i A /jp vv i:«<M m o
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  • Page 3 Advertisements
    • 219 3 Thel9B4 Canon Breakthrough N0.4 Canon's latest copiers so 30 13«« e 3 4 Built into each of our latest copters the NP 270 and NP 500 is a standby key that switches off areas of highest power consumption when the machines are not being used resulting in drastically reduced power
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  • OVERSEAS
    • 680 4 Agencies OIL TANKER traffic in the Per"sian Gulf has been reduced to a virtual standstill in the past week with shipowners unwilling to risk further air attacks by -Iranian and Iraqi fighter planes, London's Financial Times said. Shipping insurance rates have
      Agencies  -  680 words
    • 414 4 UPI THERE WILL be more new jobs in the US for custodians than for high-tech computer technicians in the next 10 years. An analysis of long-term labour forecasts by researchers Russell Rumberger and Henry Levin of Stanford's Institute for Research on Educational Finance and
      UPI  -  414 words
    • 302 4 AP INDIAN ARMY troops battled as many as 1,000 rioters in Bombay yesterday as Prime Minister Indira Gandhi toured sites of Hindu-Muslim violence, which has claimed at least 99 lives in five days. Police spokesman PM Sawant said mobs of Hindus and Muslims were
      AP  -  302 words
    • 265 4 Reuter JAPANESE oil refining and trading companies have bought Saudi Arabian crude oil for late May or June lifting as an alternative to Iranian shipments suspended temporarily after attacks on tankers in the Gulf. Refiner Showa Oil Co Ltd said a
      Reuter  -  265 words
    • 280 4 Reuter THE ECONOMY has become a central issue in Egypt's general elections campaign, with the ruling party playing up strong growth and opposition groups homing in on high inflation and a widening gap between rich and poor. In spite of some powerful
      Reuter  -  280 words
    • 282 4 Bernama THE Malaysian government is looking into the need to formulate a national policy on the hotel industry as part of a plan to inject vitality into the tourist trade, according to Trade and Industry Minister Tengku Ahmad Rithauddeen. Tengku Rithauddeen
      Bernama  -  282 words
    • 160 4 Bernama CRITICS who say United Malays National Organisation (Umno) youth head Anwar Ibrahim has lost his sting and fighting spirit should reconsider their views. "Judge me by my actions," Mr Anwar said. "I am still fighting against poverty and
      Bernama  -  160 words
    • 784 4 i ARRIVALS Operator Service number Locol From time MAS MAS MAS MAS RBA SIA CPA GIA SIA SIA SIA MAS MAS GIA SIA SIA MH68I MH60I MH67I MH81I BI42I SQI03 CX7I0 GA960 SQ105 SQ20I SQI9I MH603 GA940 SO 238 0820 KUL 0905 KUL 0935 KUL 0940 PEN
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    • 243 6 AP US AND SOVIET Olympic officials have agreed in principle to co-operate in ensuring future survival of the Games, the executive director of the US Olympic Committee said. Mr Don Miller told a news conference on Sunday that US officials
      AP  -  243 words
    • 183 6 UPI US ADMIRAL Elmo Zumwalt, who ordered the use of Agent Orange in Vietnam, said in an interview published during the weekend that the, defoliant probably caused his veteran son's cancer and perhaps his grandson's birth defect. But Mr Zumwalt told
      UPI  -  183 words
    • 617 6 NYT IN SPITE OF reports of strong growth during April, many US economists believe that the economy is slowing and they are sticking to forecasts of 3 to 5 per cent growth for the second quarter. From employment to housing starts, and from
      NYT  -  617 words
    • 435 6 Reuter, UPI PRESIDENT Marcos last Sunday warned he would act to prevent further violence after a youth was killed in a riot over alleged election fraud. He said: "We are the government. We still have the mandate of the people. We will have
      Reuter,; UPI; UPI picture  -  435 words
    • 294 6 UPI WEST GERMANY'S metalworkers union ordered members to expand a car strike yesterday with walkouts at nine factories in the Frankfurt area. The strike, which began on May 14 in 19 plants in the Stuttgart area, has already idled at least 80,000 workers, either by
      UPI  -  294 words
    • 123 6 UPI A THIRD member of President Ferdinand Marcos's Cabinet yesterday conceded defeat to an oppssltien rival in parliamentary elections and will resign his post, a government spokesman said. The spokesman said Natural Resources Minister Teodoro Pena had conceded to former
      UPI  -  123 words
    • 362 6 AP MANY Australians believe too many Asians are being allowed into the country and want to see the number of Asian immigrants cut, a major poll reported. The Gallup poll said on Sunday a national survey found that 62 per cent disapprove of the
      AP  -  362 words
    • 155 6 AFP SENATOR Gary Hart said yesterday that he would consider the Reverend Jesse Jackson as a running mate, but only if the black leader modified his political stand on the Middle East. "I think he has earned the right to be considered as
      AFP  -  155 words
    • WORLD IN BRIEF
      • 38 6 RETIRED professor Marvin Creamer was welcomed formally in New Jersey on Sunday, three days after his return from an around-the-world trip to prove that the globe could be circled with only the stars as navigational aids.
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      • 50 6 THE "wholesale execution" of an estimated 40,000 civilians in El Salvador since 1979 appears to have been carried out by government military forces, Amnesty International said in a report yesterday. Investigations of killings have suggested that many of those murdered were the victims of executions by government forces.
        50 words
      • 61 6 FRENCH Communist leader Georges Marchais said on Sunday that the Soviet authorities told him that dissident scientist Andrei Sakharov was in a hospital iii the Gorky region and that his condition was satisfactory. Mr Sakharov began a hunger strike on May 2 to protest the authorities' refusal to
        61 words
      • 44 6 PRESIDENT Reagan was on Sunday voted best-dressed statesman in America for the second year in succession. He was selected by the Fashion Foundation of America, which said he was chosen for his choice of wardrobe during his visit to China last month.
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      • 41 6 AN IMPOSTOR Jesus word- lessly handing out white carnations misled the flocks at Sunday's opening performa nee of a play in Oberammergau, West Germany. The man was turned over to police, who released him after a routine identity check.
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      • 31 6 AMERICANS are older than ever. Their median age rose to a record 30.6 years as of 1982, the Census Bureau reported in a US population profile released on Sunday.
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      • 30 6 Agencies PENINSULAR Malaysia's trade deficit narrowed to M 577.6 million in .Mutuary from $215.3 million in December and $542.5 million in January 1983, Statistics Department figures show. Agen-
        Agencies  -  30 words
    • 144 6 UPI AN AMERICAN House of Representatives subcommittee has expressed doubt on the feasibility of President Reagan's "star wars" defence plan and the panel chairman said the US should rely more on arms control. An interim report by the House foreign affairs
      UPI  -  144 words
    • 109 6 UPI A STRIKE BY British coal miners entered its 11th week yesterday with trade unionists split over supporting the job action and the government announcing that coal production had increased last week. The head of the Trades Union Congress (TUC), representing more than
      UPI  -  109 words
  • Page 4 Advertisements
    • 166 4 The champagne is poured, the serenity of the moment L'escaigot...where it happens. It's a feeling of relaxation and enjoyment that makes the difference at the L escargot Because we make it happen for you With our attentive, friendly yet unobtrusive service the warm ambience and a menu par excellence. Delicate
      166 words
    • 11 4 Pan Am First Class. Space. First In Luxury. First In Comfort.
      11 words

  • Page 5 Advertisements
    • 370 5 The compact Mercedes-Benz 190E, 1984 World Car of the "fear, makes your heart beat faster. V s&y ft You recognise the proud profile immediately. A world-beating five-link But the sudden quickening of your senses makes rear suspension system gives |l||Rffl^ you sensitive to subtle differences. hmousine ride yet sporting grip.
      370 words

  • Page 6 Advertisements
    • 179 6 Mi V /t'r As®* >p! YOURBUSINESSIN WESTERN MSTRAU^J M A, are f* 3 0 business or investment activities in Western Australia, why not establish a low-cost permanent presence in Perth the nation's fastest growing capital. enn tne Executive Group representative corporate facilities backed by experienced confidential management support ♦-i 8
      179 words
    • 128 6 '•V i r«-» I ft. f Memories K.! "> liitin !> ur.l riKxiitu: must ix running Lr I m Ik .isktJ tih i< U>l!K !l\ misfit 111 i.lst lu IV is !i;i. lIK miiMi .nui .ifriKisplwri i-:r ri>... nu m. .rw s >1 tin huh Ik pr«.|»>si.-ii rhu\ t .irs
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  • BANKING AND FINANCE
    • 546 7  -  By ALVIN TAY RESIDUAL value insurance will assume greater importance in the domestic leasing industry in the absence of the usual indemnity clause in the leasing agreement. Mr Kwek Leng Beng, chairman of the Leasing Association of Singapore (LAS), said
      546 words
    • 70 7 Reuter THE US Government National Mortgage Association announced a new investment security based on an adjustable rate mortgage for homes. Warren Lasko, Ginnie Mae executive vice-president, told a meeting of the Public Securities Association the security would be the first standardised security offering mortgage investors
      Reuter  -  70 words
    • 649 7 Reuter LATIN America's leading debtor nations have taken a step towards forming a debtors' club by calling a meeting to study joint actions to pressure creditors to ease the region's massive debt burden, banking sources said yesterday. The four-nation announcement was the latest
      Reuter  -  649 words
    • 254 7 NYT AS THE Federal Reserve officials meet yesterday and today to chart a course for monetary policy, it is widely expected that the problems ot the Continental Illinois National Bank Trust Co will inhibit any further moves toward a tighter monetary
      NYT  -  254 words
    • 314 7 Reuter Swiss bankers reacted jubilantly to the emphatic defeat of a referendum to make inroads into Swiss banking secrecy. Bankers said the vote of 73 per cent against to 27 in favour was considerably better than anticipated. Most predictions had indicated around
      Reuter  -  314 words
    • 129 7 KORN/Ferry International, the executive search firm, has set up a financial services division in Singapore to meet the growing demand for top banking and financial executives in Asia. The division will co-ordinate executive searches for the bank- ing and financial services industry in Asean,
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  • MONEY AND EXCHANGES
    • 344 7 SINGAPORE Futures closed firmer yesterday in quiet trading reflecting higher overseas gold prices. Total sales for the day were recorded at two lots. Prompt closed higher at U*****.50/382.00 an ounce against New York's Friday 378.00/378.50 close, June at $381/383 against 379.50/ 379.80 and August at $388/ 391 against 386.40/386.90.
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    • 316 7 Asian market PERIOD Asian dollar deposit rates extended earlier losses in thin afternoon trading yesterday on increased lending. Periods rates weakened between and V* at the outset due to easier Eurodollar rates and fell further in the afternoon with one month down to 1011/16 10-9/16 per cent, three months 1/16
      316 words
    • Article, Illustration
      554 7 SINGAPORE: The local currency closed weaker at 552.1135/45 against the US currency compared with last Friday's close of 2.1105/15, unchanged against the Hongkong dollar at 5J27.00/05 and firmed against the Malaysian dollar at 5591.20/30 from $91.30/40. The US dollar closed lower against major currencies in thin late trading
      554 words
    • 250 7 Interbank rates at 3pm KorniMl ratw I Smithsonian Cufrtncwt quoted yaatai ■day cr om parity change Local dollars to on* unit of foreign currency -24 99 -59 90 44 93 -60 10 US dollar Sterhng pound Australian dollor NZ doHor Conodion dollar 2.1150 2 9461 1 8866 1
      250 words
    • 128 7 THE overnight rate on the local interbank money market closed higher at 7.75 per cent yesterday compared with 7.5 per cent at last Friday's closing. Term rates were unchanged except for the onemonth rate which eased by 1 h point to 8'» per cent. S$ interbank rates 1
      128 words
  • Page 7 Advertisements
    • 22 7 FOR SALE TUG BOAT BARGE selling for *****,000.00 Can carry3,ooo M 3 timber logs Tug- caterpillar engine, 365HPx2 Barge-12x48x220 Tel: *****59 (Slpore)
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    • 127 7 KONGO Mobile Storage System beats the conventional system with saving of floorspace up to 70% i n I gar* ttfcl r 70% SAfINGS I syslec uses up larspa.' e Koooc system ut*.*es less tiowsparp DEKON PRIVATE LIMITED unit 04-02 4tn Floor Pet-Fu Industrial Buiidina pmJ 24 Ne* Industrial Road Smaaporo
      127 words

  • FEATURES
    • 485 8 DAEWOO Corporation has described its prob- lems with its $350 million HDB project as "small". The evidence suggests otherwise. When blocks of flats which are supposed to rise at the rate of one storey in five days stand still for more than two months, it
      485 words
    • 1552 8  -  fnnaron» kJIL® ,he world debt crisis became l ,eared what m '9 ht follow the colSw?ft aitfon K« a .hl" week ,he worBt almo#t happened. Swift action by the US government averted an immediate disaster, but as ROBERT BENNET reports, American banking has
      NYT  -  1,552 words
    • 866 8 FT THE GOOD NEWS for Indian industry is that «the country's first microchip factory is now entering production. The bad news is that the factory is in Chandigarh, the city on the edge of the Punjab which is now a focal
      FT  -  866 words
    • 1747 9  -  Digital circuitry promises an explosion in the options available on the colour set By BARBARA AARSTEINSEN NYT AGHAST, and not a little frightened at the way the US car market has been pushed onto the defensive by imports, American television manufacturers are counting on winning
      NYT  -  1,747 words
    • 557 9  -  By TODD EASTHAM UPI AT LEAST one Japanese housing critic thinks Japan's celebrated "workaholics" put in long hours at the office to escape the "rat holes" they call home. Kazuo Hayakawa, professor of environmental planning in Kobe University's department of architecture, also blames crowded living
      UPI  -  557 words
  • Page 8 Advertisements
    • 268 8 The Institute of Banking Finance TECHNICAL ANALYSIS and CHARTING for Foreign Exchange, Shares, Interest Rates and Commodities The complete course taught for the Chicago Mercantile Exchange and its International Monetary Market Division (IMM) for the last eight years. WHY CHARTING? With the emergence and rapid growth of financial futures the
      268 words
  • Page 8 Miscellaneous
    • 35 8 BriStoW I OMPOfeMER U>w-L *iOU DQP K id f**f CLOCtC HftS SToRPfeD I've. ReffcßTeD it HOLJ LONG DO NOU THHSIIC P y r l KTrOuJ P\ mptfsj ONCC U3RITeD FIVE U3MOLE. D*V<S V J i?*-'
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  • Page 9 Advertisements
    • 45 9 For the well-groomed executive. Wii Cheong Tailors .-V* VI The Mandarin Hotel 03-47 Mandarin Hotel Shopping Arcade Tel: *****94 Monday to Saturday: 8.30 a.m. to 7.00 p.m. Other shops: 104 Shangri-La Hotel, Tel: *****92. 44 North Bridge Road, Tel: *****44. Mil QBDIsID QMB9ril@ VII TTIsIOISRg
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  • Page 9 Miscellaneous
    • 915 9 mmcmmm A wor story 8.03 pm A documentary based on the diaries of a Canadian doctor, Ben Wheeler. It is about his internment in a Japanese prisoner-of-war camp during World Wqr 11. Dramatic reconstructions of scenes inside the camp are skilfully inter- woven with newsreel shots of the faH of
      915 words

  • INTERNATIONAL STOCKS
    • 759 10 NYT DURING A stockmarket decline, investors holding significant positions in small-company shares are often tempted to liquidate those equities, the reason being that companies with lower market capitalisation (the market value of a company's shares) almost invariably lose more of their value during bear
      NYT  -  759 words
    • 480 10 NYT CORPORATE chieftains in America have come under substantial criticism of late because of their efforts to stop unfriendly takeovers. Yet, the critics do not seem to have a sufficient grasp of certain management and economic realities. To begin with, about 40 per cent
      NYT  -  480 words
    • 257 10 FT DUN A Bradstreet and AC Nielsen, two of America's leading information processing companies, are to merge in an agreed share deal which values Nielsen at a little over USSI billion. The transaction marks a further step in Dun A Bradstreet's rapid
      FT  -  257 words
    • 558 10 NYT WHEN WALL Street comes up with a stockmarket idea that seems to work, it is usually picked up by many securities houses and widely promulgated to the public. But one such idea, discussed for the past five years and successfully used
      NYT  -  558 words
  • Page 10 Advertisements
    • 408 10 flp sic V I Si /frP. 3L4M£ your very own retreat At Scotts Cafe, we serve all your tastebuds' fancies from delicious Western cuisine to mouth-watering Oriental dishes. Set in an intimate atmosphere surrounded by red brick walls, wrought-iron lamps and lushi greenery. HOTEL ASIA Your frtand In Singapore mM
      408 words
    • 50 10 Relax in a Cosy Atmosphere j and Keep Up Your Spirits with Live Entertainment GINGERBREAD 130% j DISCOUNTED 4 PM-7 PM DAILY WON-Fill: 7pm to lan) •AT: 7 pm to 2 mn r (Cockpit SoUl Ample Parking Spacc. IntamaHonal Pit LM OnW, Rm/Prurvg Wei Stnypon 0823 T« *****11 (20 Lir
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  • ASIAN STOCKS
    • 379 11 HONGKONG: Prices closed marginally lower yesterday in fairly quiet trading throughout, with the Hang Seng index closing 2.72 lower at 893.01 after a 8.31 fall at midmorning. Investors generally remained sidelined ahead of the debate over the Hongkong issue in the upper house of the British parliament later
      379 words
    • 245 11 MAY 21 Al Sincere Indus Asm Cement NT 9 45 33 10 33 40 •0 05 ■0.3 0.6 Lien Hwa Indus Non Ya Ptas Pocrfic Cons Pocif« Elect Wire 1205 38 50 32 70 20 10 -0 05 04 -06 Chang Hwa Bank Chen Loona 55 50 28 90
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    • 475 11 TOKYO: Late liquidation more than offset initial gains, and the market closed sharply lower in thin trading with investors worrying about the yen's continued weakness against the dollar. The market average lost 65.23 to close at 10,164.97, after rising 103.32 last Saturday, on a 190 million share turnover against
      475 words
    • 69 11 Moy 21 Bonk Saoii Won 680 Hyundai Cofp Hyundai Motof KAL 650 560 -10 2 Choh«ung Bk Commer>cal Bk Do«kn Ind 680 705 570 -15 10 Korea Fnt Korea CM 713 865 35 Doewoo Corp Docwoo Ind 390 559 1 3 Lucky Ltd 725 5 Dong Ah 675 +7
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    • 453 11 SYDNEY: Australian share markets, affected by last week's falls on Wall Street, closed substantially weaker yesterday, with the All ordinaries index falling to its low for the year. The index closed down 10.7 points easier at 714.7, compared with a previous 1984 low in March of 718.4. Brokers also
      453 words
    • 143 11 BANGKOK: Share prices closed generally lower in quiet trading which centred on the cement and finance groups. The Book Club index fell 0.21 to 117.33 on turnover of 18.1 million baht with 98,512 shares traded. MAY 21 Mh S<am City Cement 372 -2 Skxti Credit 64 50 Ayuthoyo In*
      143 words
    • 113 11 MANILA: Prices closed mixed yesterday in continued dull trading reflecting the Philippines economic situation. The Commercial and Industrial index was up 0.41 at 133.51, the mining marker down 1.60 at 1,070.41 and oils remained unchanged at 0.724. PLDT rose to 48 from 47.50 and San Miguel B to 18
      113 words
    • 72 11 THE Mitsubishi group of Japan will supply Malaysia with two 300,000 kilowatt thermal power generators worth about 32 billion yen in total. The generators will be installed at Malaysia's first coal-burning power station in the Port Kelang district, about 40km west of Kuala Lumpur, by January 1989*
      72 words
    • Corporate round-up
      • 85 11 THAI Airways Company, the country's domestic airline, registered a 92 million-baht profit from October 1983 to March this year, up 142 per cent from the same period a year earlier. An official said the profit for the first six months of the previous fiscal year was
        85 words
      • 99 11 THE Australian and New Zealand Banking Group Ltd said interim 1963/84 earnings reflected a substantial improvement in the trading bank's operations. It said a satisfactory result should be achieved for the full year though profit growth was not expected to be at the same level as the
        99 words
      • 177 11 THE Australian government has approved the acquisition by BP Australia Ltd of Amoco Australia Ltd, a unit of Standard Oil Co (Indiana)), federal treasurer Paul Keating said. He said the proposal would result in significant rationalisation benefits for the petroleum refining and marketing industry. The British
        177 words
      • 160 11 MARINDUQUE Mining and Industrial Corp will resume operations at its nickel refinery in the southern Philippines on June 10, company president Alfredo Velayo said. Marinduque suspended production last December because of a shortage of operating funds and resumption was held up by a delay in delivery
        160 words
  • Page 11 Advertisements
    • 142 11 mfifZA iiiae «uui entertain Light up your evenings with SATYtila group of four dynamic entertainers, who'll delight you with their versatility and talent. See them in action, Mondays to Saturdays from 9 pm to 1 am. Drinks at 20% off bar prices mM RAD with com P'i m entary RJN
      142 words
    • 137 11 >L Just the right touch of magic to tan) your night into Gold. Music hi Ihiccluis I h term it u >nul of I >mi< >n A, M 'N lIIfK |< i:i ;n 1 -,s- j'. I"" -.'P. :i, f,• 'HI S A I .ill.i .A.I I|, X•( 1,, in
      137 words
    • 61 11 v Pomnsala Coffee House Level t> Periinsuid Hotel Daily Set Lunch (Local* Western) Each day, a local favourite is selected, e.g... Prawn Mee Soup... Hainanese Clay Pot. Sunday Buffet Lunch T in mSL SEAFOOD THEATRE RESTAURANT > r% Please call *****83 for reservations, mi PLAZAHOTEL 9yC Valued m all ways
      61 words
    • 97 11 N t. J Jl Hilton's Lounge presents Sandi Mark A duo that packs between them enough musical styles, variety and talent to keep you entertained right through the night. Come and be enchanted. 8 pm 12.45 am J/Ttf JKjr^TT (Mondays to Thursdays) W_/£, Bpm 1.45 am rVSYI (Fridays Saturdays and
      97 words
    • 253 11 Luncheon: 12:00 2:30% Dinner: 7:00 —10:30 Reservations: Tel: 223 3366 The Octagon, sth Storey 105 Cecil Street, Singapore 0106. Pick-up service for luncheon patrons. Ample parking facilities for diners. 1 t*aW'? t V. v v MAJIPOOR CHRONICLES by Robert Sitverbag The giant world of Majipoor, teaming with humans and aliens
      253 words

  • RAW MATERIALS
    • 711 12 NYT ONE OF THE most vexing problems facing the commodity options markets is the inability of floor traders and other market makers to finance positions because, unlike with futures contracts, options buyers cannot make partial payment of premiums. At the same time,
      NYT  -  711 words
    • 228 12 Reuter JAPANESE cocoa bean imports rose to 3,725 tonnes in April from 2,011 in March but were down from 4,517 a year earlier. Finance Ministry custom-cleared trade statistics show that major April suppliers, with March and year-ago comparisons in brackets, were: Ghana with 1,342 tonnes
      Reuter  -  228 words
    • 112 12 TOTAL THAI rice exports in the January to midMay period rose to 1.63 million tonnes compared with 1.34 million in the first five months of last year. During the week ended May 15 official Thai exports were 79,147 tonnes and private exporters sold 65,768 tonnes. New
      112 words
    • 137 12 Reuter SENIOR INDIAN government agriculture officials yesterday began discussing a national plan setting expected foodgrain production at 153.6 million tonnes in the 1984/85 season, ending June, up from an expected record of 146.3 million in the current season. An agriculture ministry spokesman said that
      Reuter  -  137 words
    • 301 12 Singapore (S)/kito, ei-godown) C-l special C~ 1 Ordinary Loonzam 100% Unq Unq Thai white first grade Unq 100% 1st doss 100% second grade 250 (kangaroo) 100% th*d grade Unq new crop 100% 2nd doss 1 05 078 Parboiled 5% 10% 260 100% 3rd doss 0.76 25% new crop No
      301 words
    • 89 12 THE Straits tin price in Penang yesterday remained at the ITA floor level of Ms2t.ls a kilo. Dealers said there was still shortage of demand despite a firmer close in London last week and sterling's rise against the Malaysian dollar. The buffer stock manager was again the main
      89 words
    • 148 12 Yarn (In HK$ per bale of 400 lb) Chino carded yarn, cones Blue Phoenix I6's 3,550 Blue Phoenix 20's 3,600 Blue Phoenix 32's 4,000 Blue Phoenix 40's 4,500 Carded yarn, hank Blue Phoemx 2l's 3,650 Combed yarn, cones Blue Phoenix 32's 5,650 Blue Phoenix 40's 5,850 Open-end yarn Blue
      148 words
    • 95 12 Reuter INDIAN groundnut meal exports in the year ending March 31, 1985, are expected to rise to some 500,000 tonnes, from 400,000 in 1963/84, a spokesman for Solvent Extractions' Association of India said. He said cotton cake exports are likely to increase 23,000
      Reuter  -  95 words
    • 218 12 Reuter THAILAND expects to export about one million tonnes of raw sugar this year despite the 470,000tonne quota it has received from the International Sugar Organisation (ISO). Sugar industry sources in Bangkok said yesterday that Thailand is expected to produce 1.7
      Reuter  -  218 words
    • 133 12 Reuter THE FIJIAN government has announced plans for major reforms in the management of its sugar industry aimed mainly at improving relations between the growers, mill workers and the authorities, government officials said. A draft Bill to be tabled in Parliament next month after
      Reuter  -  133 words
    • 163 12 MALAYSIAN crude palm oil prices closed off the day's highs yesterday on profit-taking, as sentiment was boosted by firmer Chicago soy futures last week. May deliveries in the south region rose Msls to $1,775 a tonne and central five to $1,765, while June in the north firmed $25
      163 words
    • 156 12 Chinese Produce FOB NSW 487 50 Exchange Nutmeg (Sellers' noon closing prices S$/ 110 FOB NSW 355 00 100 kg) B W FOB NSW 256 00 Coconut oil Gambier Bulk FOB 240 00 FOB NSW 300 00 Old drum FOB 253 00 New drum FOB 257 00 London
      156 words
    • 136 12 Reuter AUSTRALIAN wheat growers may plant up to 12.8 million hectares of wheat in the 1984/85 season, about 150,000 hectares more than last year's record. The Australian Wheat Board said that, from early indications, Western Australian growers are likely to add the most acreage, almost
      Reuter  -  136 words
    • 44 12 Reuter FLOODS worsened in the eastern Bangladeshi tea growing district of Sylhet with the Manu, Khowai and other rivers rising further following fresh rains. However, floods caused by heavy pre-monsoon rains, continued to recede in the southeastern Comilla district. Reuter
      Reuter  -  44 words
    • 305 12 SINGAPORE: Rubber market closed lower yesterday with June One RSS buyers quoted at 197.00 cents a kilo, down six cents from last Friday. The morning session lost five cents on lack of buying support and some speculative selling of June One RSS. Prices fell a further one cent in
      305 words
    • 322 12 R AS prices (in S cents/kilo, FOB m boles) NOON CLOSE Int 1 RSS prompt Buyers s#ii#n Buyers Sellers 198 50 199 50N 196 50 197.50N Int 1 RSS June 199 75 200 25 197 00 197.50 Int 1 RSS July 203 00 203.50 200 25 200
      322 words
    • 107 12 (in M cents/1 ton pallets) June Julv (current mth) (forward mth) RAS NOON NOON Buyers Stllcrj Buyers Sellers SSR 20 197 00 199 OON 199 00 201 OON SSR 50 195 00 197 OON 197 00 199 OON MRELB Buyers Strlltri Buyers Scllcn SMR CV 253.50 255
      107 words
    • 951 12 COFFEE: Futures at midday yesterday held pared gains erf £99 to £43 a tonne from Friday as jobber profittaking trimmed an initial rise to fresh 6V<-year highs. July, which peaked at £2,590, was traded last at £2,573, 96 above the previous offer. Physical activity was quiet, with roasters
      951 words
  • Page 12 Advertisements
    • 60 12 with Scan Dutch. I *>»* I mm i I A Depart Singapore 4 promptly each week with Scan Dutch and reach ports stretching from Marseilles to Gothenburg in record time. Your goods arrive on schedule and in perfect condition so you meet your deadlines and your customers stay satisfied. Scan
      60 words

  • SHARE INFORMATION
    • 4250 13 A PULLBACK during the late afternoon session yesterday could do very little to correct the market's early morning sell-off. Double-digit losses were recorded in all sectors of the market but many stocks closed off their day's lows. At the final bell,
      4,250 words
    • 290 13 SINGAPORE Rises Gentings 505 DOB 488 Londmorks H 50« 326 N 0 L Loon 89 Metol Box Spore 285 M 8 F Hldfs 50« 231 tGB Corpn 50« 226 Both Ms 50< 216 UOL Worronts 58 Falls Seocorp 1700 Todubo 1180 0 Keromot 1160 Tronoh Mmti 1050
      290 words
    • 537 13 SHARE prices tumbled across the board on the Kuala Lumpur stock market yesterday as investor sentiment continued to be afflicted by various factors. After an easier start, prices continued to drift downwards as small investors liquidated part of their positions while buyers generally took
      537 words
    • 3363 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".
      3,363 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 442 14 OVERSEAS Union Enterprise Ltd (OUE), the hotel and property group which owns the prestigious Mandarin Hotel, has been aggressively expanding its property interests, both in Singapore and abroad. During the past year, OUE emerged as the biggest shareholder of OUB Centre Ltd with a
      442 words
    • 134 14 NEPTUNE Orient Lines Ltd (NOL) expects business prospects for shipping to improve if the current global economic recovery can be sustained. Last year, NOL posted a sharp operating loss of some $14 million. This was attributed to the global recession which resulted in lower profit
      134 words
    • 2495 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 Alcorn (2.265) Antohd 84SM1) 1.97(1) 1.98 (7) 1 95
      2,495 words
    • 363 14 MALAYSIA Building Society (MBS) has set aside Ms 29 million to finance housing projects already committed during 1984. The amount to be released at a time will depend on the construction of the housing units. "MBS's role in the low-cost housing finance programme under
      363 words
    • 109 14 HONGKONG Australian Industrials Hong Seng Index Monday 8930) Friday 895 73 Monday 977.7 Friday 986 4 Week ago 997.5 Week ago 908 72 NEW YORK Dow Jones TOKYO Friday 1133 79 Tokyo Dow Jones Monday ***** 97 Thursdoy 1142.27 Week ago *****4 Saturday ***** 20 Week ago *****
      109 words
    • 230 14 Monogers' prices for May 22 MARA Bumiputra First B'putro 6 19 6.24 Singapore Unit Trust Second B'putro Third B'putro 551 556 4 76 4 81 The Commerce 3 15 3 35* Fourth B'putro 5 49 5 54 The Savings Fund I 93 2 05 S'poce Prog Fund 1
      230 words
    • 83 14 MORE than a third of guest rooms at the Petal-, ing Jaya Hilton has been occupied by businessmen from Singapore since the hotel opened its doors for business last month. General manager Hans Hauri said that the PJ Hilton expects to maintain this percentage at least
      83 words
    • 1338 14 Current Ex Books Date Total for Total for payment date close poyoble the yeor previous yeor A B N 13% May 3 NYA NYA 26% 26% A Enterprises I2%(n) April 17 Apnl 30 Moy 22 22% 22% Acmo 7W %(b) June 20 4 June 27 July 17 7'4%
      1,338 words
    • 238 14 KECK Seng (M) Berhad: 14th AGM on May 23 at 11.30pm at Bilik Sri Banang on the Mezzanine Floor, Holiday Inn, Jalan Da to Sulaiman, Century Garden, Johor Bahru, Johor. MAGNUM Corporation Berhad: AGM on May 23 at 11am on 1st Floor, Magnum House. Ill Jalan Pudu, Kuala
      238 words
    • 538 15  -  By CHAN OI CHEE LOSS-RIDDEN Pahang Consolidated PLC is heading for a turnaround in corporate performance this year. At the interim stage, the traditional tin mines operator managed to reduce operating losses by nearly half, and directors have forecast a return to
      538 words
    • 110 15 ROXY Electric Industries Bhd has replied to queries by the KLSE that the expected gross annual rental income from Wisma On-Tai this year is about M 56.5 million. The gross rental income from the six apartment units is $187,000. The company also
      110 words
    • 372 15 HARSH conditions faced by Yeo Hiap Seng (M) Bhd in the softdrinks industry and substantial losses incurred by an associated company have eaten into the group's earnings at half-time. For the six months to March 31 this year, the softdrinks and food-based manufacturer experienced a 20 per cent drop in
      372 words
    • 645 15  -  By NAJEEB JARHOM APOLLO Enterprises Ltd is believed to be scaling down its equity participation in at least two major projects, the Apollo Centre project at Havelock Road and the first-class Apollo Meridien hotel in Taipei. BT understands that there are a
      645 words
    • 712 15 STRAITS TRADING Co Ltd's heavy investments in quoted and unquoted shares and government securities last year have proved to be a rewarding means of deploying the group's huge reserves of cash and other deposits. According to Traders' <3iairman Tan Sri Tan Chin
      712 words
    • 1009 15 THE market closed mixed yesterday with lack of any fresh factors, making for a dull session, dealers said. At 3pm, the FT-SE 100 share index rose 1.6 points to 1,106.5. Oils met some demand, reflecting concern over the situation in the Gulf. BP rose 8p to 538 and
      1,009 words
    • 289 15 THE NEW Straits Times Press (Malaysia) is expected to turn in group pre-tax profits of about M 547.3 million in the year ending Aug 31, 1964. This figure is arrived at after excluding share of profits of associated companies and minority interests. The forecast
      289 words
    • 221 15 HONGKONG and Shanghai Banking Corp has agreed to sell the entire share capital of UK-incorporated Mercantile Bank Ltd to Citibank NA. A joint statement said the price was at an agreed premium over Mercantile's net asset value of £13.5 million. The actual price was
      221 words
    • 331 15 LAST FULL YEAR Compony Killingholl Tin Ming Court Rom Soyang Folex Loytope Petoling Muroto Goodwood Pork H Mno South Mtio Ind A M D B Kinto Kellos Dutch Baby Syn Resins M M C Y H S C C M Sin Heng Chan A P 1 Kromot Kuchoi
      331 words
    • 335 15 UNITED Internationl Securities Ltd has announced that its unaudited consolidated net tangible asset backing per share stood at $1.71 on April 30, 1984. KUALA Lumpur Industries Bhd's 20 million 50-cent shares started trading yesterday after the completion of the sub-division of its previous M$1 par value shares into
      335 words
  • Page 14 Advertisements
    • 636 14 The New Straits Times Press (Malaysia) Berhad (Incorporated in Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting of the Company will be held in the Theatrette of the Company, Balai Berita. 31. Jalan Riong. Kuala Lumpur on 7th June. 1984 at 11.30 a.m.
      636 words

  • Page 15 Advertisements
    • 300 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OP SUTHERLAND CORPORATION PTE LTD NOTICE OF SPECIAL RESOLUTION (Parauat to Section 2M(2(b)) At an Extraordinary General Meeting of the Company held at 5F Drayeott Drive Singapore 1025 on 21 March 1984, the following Special Resolution
      300 words
    • 78 15 U5515,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 23rd November 1984 The Mitsubishi Bank Limited (Singapore Branch) A In accordance with the provisions of the Certificates, notice is hereby given that for the last six month interest period from 23rd May 1984 to 23rd November 1984, the Certificate
      78 words

  • 785 16  -  By ZHOU MEI, Economics Correspondent THE STRONG economic recovery experienced by Singapore last year has not waned. Latest statistics show a growth of 9.9 per cent for the first quarter of this year, sustaining the rate of growth during the last quarter of 1983. For
    Ministry of Trade & Industry's Economic Survey of Singapore — First Quarter 1984  -  785 words
  • 461 16  -  By LISA LEE RENTS OF offices in good locations may be stable now, but in five years' time, an excess supply equal to the area of more than six Chartered Bank buildings could cause prices to plunge. But there is still hope,
    461 words
  • 113 16 TELECOMS and two other Asian telecommunication authorities have awarded a £60 million-contract to build a submarine telephone cable system. The contract to build a cable system linking Singapore and Hongkong has been awarded to Standard Telephones and Cables PLC of Britain The
    113 words
  • 389 16  -  By BOEY KIT YIN A BOOST has been given to Singapore's fledgling biotechnology industry with the start of a training course on biotechnology at the National University of Singapore. The 10-day course aims to teach participants the basic principles and industrial applications of
    389 words
  • 307 16 THERE is little threat of serious disruption in oil supplies as long as Saudi Arabia's Ras Tanura terminals remain operational. The newsletter said the Ras Tanura facilities in the Persian Gulf can effectively compensate for any decline in exports further north, said
    307 words
  • 351 16  -  By LEE HAN SHIH HARD TIMES are here for Singapore developers, while things are still rosy for some in Malaysia. Their Indonesian counterparts, however, are enjoying the benefits of a booming property market. And for those in Hongkong, a recovery in the
    351 words
  • LATE FILE
    • 42 16 Reuter TROOPS were rushed yesterday to the scene of fresh Hindu-Muslim clashes in South-western India. Police said earlier that 105 people had so far been killed in the violence and more than 300 had been injured. Reuter
      Reuter  -  42 words
    • 39 16 Reuter THAILAND announced yesterday it would seek to become a member of the United Nations Security Council at the 38th Annual Conference of the UN General Assembly in New York later this year. Reuter
      Reuter  -  39 words
    • 28 16 Reuter CHINA'S new patent law will not cover computer software, Mr Liu Gushu, general manager of the China Patent Agent (HK) Ltd, said. Reuter
      Reuter  -  28 words
    • 39 16 Reuter THE MARKETING arm of the Seiko watch-making group has unveiled what it described as the first pocket-size colour television using a liquid crystal screen. The sets are estimated to cost about US$5OO each.
      Reuter  -  39 words
    • 39 16 Reuter TAIWAN has concluded its first barter trade agreement with Iran involving the purchase of about 30 million barrels of crude oil. Iran would have in exchange: textiles, chemicals, machinery, building materials and foodstuffs. Reuter
      Reuter  -  39 words
    • 39 16 Reuter WOMEN students at Oxford University have complained about sexual approaches by male tutors. The university's Student Women's Committee, which sent questionnaires to all 3,000 women students, cited 63 incidents of sexual harassment. Reuter
      Reuter  -  39 words
  • Page 16 Advertisements
    • 163 16 IV7 :?iWMiTi;r The latest range oishretUers from WDROICgmzaCPDa In business, paper indiscretions can destroy you. New product details, expansion plans: what are they worth to your rivals? Wage structures and personnel assessments: how would they affect staff relations if seen by the wrong eyes? "W Fordigraph, Britain's W** biggest shredder
      163 words
    • 105 16 u it.er and is the home of the bondue. This is a communal meal where chunks of skewered bread ure dipped into a mixture of flavoured melted cheese, ays Executive Chef Charles Benz, a native Swiss, "It's our custom that if you lose your bread you must give your neighbour
      105 words
  • Page 16 Miscellaneous
    • 54 16 WMim Outlook for today: Showers in the morning and early afternoon. Report for 24 hours prior to 7 30pm on May 21 at the airport: Maximum temperature 31.9 Associated humidity 71 Minimum temperature 24.5 Associated humidity 96 Hours of sunshine 5.00 Rainfall in millimetres 0.3 Rainfall this month 120.5 Roiny
      54 words

  • SHIPPING TIMES
    • 335 17 SHIPOWNERS FROM the Association of South-east Asian Nations (Asean) are expected to formulate a common approach to the cargo sharing scheme in line with the Unctad's Code of Conduct for Liner Conferences. The Federation of Asean Shipowners Association (FASA) has
      335 words
    • 596 17  -  By DANIEL SIM UNITED STATES Lines has plans to set up its own office in Singapore in preparation for its round-the-world service in the middle of the year. Sources said US Lines officials were in Singapore early this year to appoint an agent
      596 words
    • PORTSIDES
      • 142 17 Reuter GENERAL Council of British Shipping (GCBS) freight index rose in April to 111 (1976 equals 100), from 106 in March and 104 in April 1983, the council said. Idle merchant ship tonnage fell 2.5 million dwt in March from February levels to 80.4 million dwt, GCBS added.
        Reuter  -  142 words
      • 89 17 Reuter THE FAR East East Africa Freight Conference pid it will reduce its currency adjustment factor to 12 per cent from 15 per cent, effective June 1, because of changes in currency values. Meanwhile, the Australian and New Zealand Eastern Shipping Conference said it will reduce, effective June
        Reuter  -  89 words
    • 683 17 Shipping Lin* Pag* Col Shipping Lin* Pag* Col Abe* Transport V 1 FMG-CAVN VI 1 Afea VI 3 Franco-Belg m 4 5 Ahrenkiel Liner vn 5 Frata Shpg VI 2 Alpac VI 5 Freight Links VI 4 Antara Shpg IV 1 Frota v 1 5 A PC
      683 words
    • 1458 18 Fairplay WHEN THE "box," or container, was introduced some 25 years ago, it made possible the concept of a "pure" container ship the first proven system in modern times to reduce a ship's stay in port considerably as well as improve transport quality. This was
      Fairplay  -  1,458 words
    • 1067 18 FURTHUR fixing of tonnage on Indian government charterers account for fertiliser business, coupled with a slightly better level of coal and ore business, was reported on the freight market on Friday, brokers said. Indian government charterers took a vessel with 21,000 long tons of rock phosphate from Casablanca
      1,067 words
    • 217 18 LLOYD'S REGISTER of Shipping has formed a new organisation called Lloyd's Register Quality Assurance Certification Association (LRQA) to provide independent third party quality assurance and product confonnitty certification for all branches of industry. The new association, whch has received encouragement from the Department of Trade
      217 words
    • 408 18 BY ACHIEVING a cargo traffic growth of one per cent to 5.99 million tonnes in the first quarter of 1984, the Port of Amsterdam is set to reach a record annual figure. The port's best years were in 1971 and 1983 when traffic reached
      408 words
    • 63 18 THE JOS L Meyer Shipyard of Papenburg, West Germany, has announced an order for a 30,000-tonne cruise ship for Panamanian account. The vessel will be 205 metres long and 29 metres wide. The yard signed the contract after a decision to widen the locks on
      63 words
    • 193 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf. Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      193 words
    • 712 19 Lloyd's List THE NIGERIAN government's policy to carry increasing levels of essential imports in national vessels is beginning to bite. The impact of the government decree made earlier this year had been minimised by shipowners operating to Nigeria "I particularly those in the Far
      Lloyd's List  -  712 words
    • 304 19 FRIONOR Norwegian Frozen Fish Ltd and Wilh Wilhelmsen have signed an agreement to establish a joint company in Australia, subject to approval by Norwegian and Australian authorities. The agreement will come into force on July 1 when Wilh Wilhelmsen's subsidiary in Australia, Wilh Wilhelmsen
      304 words
    • 255 19 THE SALVAGED shipping arm of the defunct Carrian empire, Grand Marine Holdings, lost HKJI.I3 billion in the 18 months to June 30 last year. This was outlined in last year's annual report of the former publicly listed subsidiary of Carrian Investments last week. The report was
      255 words
    • 6922 24 §®aBGXPOLB 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
      6,922 words
    • 630 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy date/time Operator cargo schedule Location Bunga Penaga 106/84 22.5.84 2300 Leo Shpg FSB 0900-1100 S2 E Promoter *****W 23.5.84 0300 G Asia FSB 0800-0900/1300-1500 L4 N Topaz 26S/N 23.5.84 0700 NAPL FSB
      630 words
    • 1705 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (Si Ur*-KireiU Liar Trans group i SI AhrenMel Umrr Service Kim Slipg <S) Alfred C Twffrr Oceanus Shipping Agency (S) Marintei Enterprise (PK) Alpar Intrasea (S) Bintang Shpg (KL) Island
      1,705 words
    • 431 26 Vessel KEPPEL WHARVES Friedrich Engels Gold Leaf Jenson Manoloeverett Maryut Ocean Haven Rajah Brooke Thai Rainbow Bunga Orkid Muhlhausen Yue On Dinh An 10 Santa Monica Shark Bay Straits Venture Thach Han Valeria Vishva Kaumudi PASIR PANJANG AT CONVENTIONAL WHARVES Berth Agent Arrival 6/7 S'pore Shpg alongside
      431 words
    • 285 26 AFP TRADING on the tanker market last week for the Gulf region was almost at a standstill as a result of the growing tension over the conflict between Iran and Iraq. There were no reported fixtures from Iran. In the past such an increase in tension would have
      AFP  -  285 words
    • 549 26 May 22-23 1984 European major hazards, Oyez Scieny tific Technical conference at Sudbury Conference Centre, London ECI. May 22-24 Global civil t satellite navigation systems. The 1984 conference of the The Royal Institute of Navigation, Cunard International Hotel, Hammersmith Hotel, London. May 22-25 Law of collisions: pollution, towage
      549 words
  • Page 17 Advertisements
    • 450 17 "-@<,$\%?_?''_<\{;|=/:}..&@'?}^ I \R 1) I M AM Ml <3 FULLY CONTAINERISED SERVICE TO EUROPE VIA SUE? I KOKAN MCCJM 24N *(*oo*l 091 M I hj( comma vm S SEAS BMKE 4<N Ickvalopau. «ow CMNA CONTAKR 2CN CXEVALER RO2E 39W In yunci ?ow ■mtouks m I KOKAN CHANCE 18* Calling Bremerharen
      450 words
    • 404 17 u t ii I UASC UNITED ARAB SHIPPING CO SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE FROM JAI'AN TAIWAN HOM.kOV. M. MlQtt 5* 11 MNUYUI V 7* II NMM I.l+ II MMUKH TOK (OK U 5 21/5
      404 words
    • 27 17 aaatKDß LONDON Freights ||/m CONSORTIA HI SHIPPING Schedule VIII/IX CONTAINER Schedules ix WHO Acts for Whom ix SHIPPING Events X SHIPS In Port X REGIONAL Weather X
      27 words
    • 907 17 <ri, BALT-ORIENT LINE '.'.'Jb, Baltic Shipping Co Reiular Services from South East Asia to United Kinfdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE EXPORT FASTEST SERVICE TO USA EUROPE L UI F ATIANT EAST C ANAI)A~INITNT7prW^ M RANDO M. RANK) M. RMOO
      907 words

  • Page 18 Advertisements
    • 220 18 FAR EAST/EUROPE CONTAINER SERVICE S pore J) Barcelona. Genoa. I) Amsterdam Antwerp. l.Hwre. Baste. UK. 3) Bremen. ■fcem*rtu»t(v Aarhus. Copenhafen, Helsinki 4) Matmo. Stockholm. Oslo *Acceptm| Europe carjo tor leeder na S pore 'Also direct car|o lor Spore I Baudot *"4- Pis contact PERM6C P lor (eeder arranfement 1) Matmo.
      220 words
    • 357 18 YAMASHITA-SHINNIHON LINE COMTAMCR SERVICES USA/CANADA */5 1/C 11/ l 17/< ,Jt IV7 11/7 tBN a/7 a/7 21/7 TOMB n MHI Also accepting LCL Cargo for USA Porta only. *21/375 *11/371 WM/377 VX/171 c*|« li Mm I Mm Oh* «/l IVI l(/t 7/1 M/l a/i m/i */i «caa TOIME SKT WOK
      357 words

  • Page 19 Advertisements
    • 984 19 The Straits Steamship Group QCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok FIMHrURT EDWSS imorooi ut ■OCTEXPOfSS HAkBUfG EXPRESS raw Exmss KIM VON HONnanc evkss carocan ur mum MTm»| Br em 11/6 20/6 25/6 27/6 no un 11/7 13/7 11/7
      984 words
    • 613 19 Franco Belguin Services rf Q nr hi,si hrrnch Srrvico With Ht-lgian Far hastern l ines Mr [.RU COHTUPfKy# SfßVia !0 EUR Off SfH f. HUMS U Not* R'tai T Slave Km M. M, """"g" KOREA* JACEMI Sato) h. *rt Ito 9M.11 M, Utoi JoTuM. sic c SL«» 5i 23 1
      613 words

  • Page 20 Advertisements
    • 665 20 pa TO CONTIKNT UK Hapag-Lloyd EXPORTS (3j^nE33^^EH3i S pori-P KetangPm i?.u*sBi(ftao Genoa Hbufg Warn 8 ha»enAnt*erp Santa Fe ?I5 29 5 31 slit 14/6 22/6 ?l 25/6 30 6 TO USA CANADA Connecting in Tokyo Connecting in Kobe Also accepting cor go for ATLANTIC GULF PORTS via minilandbridge. and US
      665 words
    • 388 20 m M.Sline FULLY CONTAINERISED SERVICE 10 EUROPE VIA SUEZ 1 Member ol the Ace Comortwn FROM fUROPF VIA SUEZ li Memoer ot the Ace Coraortwm FUii Y CONTAINERISED "> "*<> M NOB IH AMI RICA (AS! COAST *Vli feed* mill 0 SOVtANOH IK H CATSTAI 26f BU IJtadi CM an
      388 words
    • 595 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCFPTMG FCI t ICI CARGO FOR SC mi «c fll ROM MM IHV E,«G«* »05 27 05 11 M 70 00 2700 MOi ?i M loot not loot 07 17 04'07 Ot 07 01 07 E.ttGjttw, 14 Ot DOt Of 07 00 07 10
      595 words
    • 880 20 EAC LINES BULK/BREAKBULK SERVICE tOB ttyUMS BOOMtGS PlfASl CONTACT SINGAPORE: BAKKE SIME DARBY SHIPPING PTE LTO TEL *****8 *****6 JARKARTA: PT DJARKARTA LLOYD TEL *****8 *****6/*****2/*****0 JARKARTA: THE EAST ASIATIC CO. LTO TEL *****1 OWNERS REPRESENTATION '»C'OM Mildiwi M 11( FULL CONTAINER SERVICE to U S WEST COAST Emu 'A'
      880 words
    • 316 20 MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Snfapore KAN BOftHAN 31/5 Loidnf tor B Abbas B Khomen *0$« MMUM PTi I ft) i:m t2.1: »;o ■hum marcmi smew i- ah,: i !R*rt 4 TRAtSPORf |i D j, b<>9 4 6j /w, fc? KYOWA OCEAN KYOWA BREEZE
      316 words

  • Page 21 Advertisements
    • 650 21 PIL GROUP VESSEL KOTA WANOSA KOTA MURNI KOTA AQUNG KOTA WARUNA KOTA SALAM VOYAGE E-501 E-SOS E-507 E-SOS E-511 SINGAPORE 28-30/5 29-1/6 15-20/6 1-3/7 5-10/7 LOADING FOR: HOOEIDAN, JEDOAM, FT SUOAN. ADEN. MOMBASA. D'SALAAM MOGADISCIO. HODEIDAH, ADEN. AOABA NODE ID AN, JEDOAH. MOGADISCIO. MOMBASA. D'SALAAM HOOEIOAH, JEDOAH, AOABA. PTSUDAN HODEIDAH.
      650 words
    • 291 21 MALAYSIA SHIPPING CORPH. SDN. BHD. KOTA MDAH KOTA HARAPAN KOTA BAHAGIA KOTA BERLIAN WOT. PENAMG 4/M 5/14 5/14 6-10/6 5/M P. KELANG LOAOMG FOR XPT-24/5 KUC/TA/KK/ LBN 25-31/5 KK/SKN/TA 11-16/6 KU/KK/SKN 14-19/6 KK/SKN/TA Agents SINGAPORE Pll P KELANG SELATAN AGENCY KL SELATAN AGENCY PENANG LEAN BEE CO TEL TEL TEL
      291 words
    • 876 21 EXPRESS CONTAINER SERVICE TO/FROM EUROPE STRUTS SPOftf 77/5 3 0 10 c 10/0 «i 4/7 17/7 *1/7 71 7 PKEIANG 70/5 5 6 1? t 71/« n/i 6/7 14/7 73,7 JO 7 europe HAM B HAVEN S«M Sided SJded Sided SjM Sided Sided 76 5 77/5 4/0 5/6 11/6 13/0
      876 words
    • 523 21 1 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST FULL-CONTAINER SERVICE GONA VBHB SPORE MO 23/5 21/5 YOKOHAMA K0» 2/« 4/6 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE SPOK P HUANG TH.BURV R DUD IDA I MM KUIAI V?«n In ft Gdn 44 13 t 15/1 B«*B l*l*M vm 17 t 22/t It
      523 words
    • 553 21 BOUSTEAD SHIPPING AGENCIES SHIPPING CORPORATION PAAN V 72 HTONEYWA V 194 PAGAN V 75 PHASHWEGYAWYWA 15/17 Jun« S pore P Ketong Penoog 24/26 May 25/27 Moy 8/10 Juo« EXPRESS INDEPENDENT SERVICf TO UK/CONT IVYBANK CLYDEBANK >rvKtl R'DAM HULL HMBG UJu, y 21 July 17 July 9 J "'y J 3
      553 words

  • Page 22 Advertisements
    • 944 22 ECUADOR/PERU/CHILE FEEDER MOTWR VSI STORE JOMOK BROGE V3l A VSI 1 Jui CENTRAL AMERICA/CARIRRI EEEOER/VSI MOTKR VSI SPORE IOHORE »OGf *31 A VSI i |un -w 13 K LINE KAWASAKI KISEN KAISHA. LTD. SPORE NAGOYA GUAYAQUIL CAIIAO ARICA 1 lui Hta 26 M 2 Au| C Au| FEIDER VSI MOTKR
      944 words
    • 389 22 HA»»M*I« MARU V SII4F S A VAAL 5715f NED COIOMBO V 5610G S VAN OCR STEL VlO6 n..! 1 "i '1-^n J.'AI 1 1 '.■J Acharib fcrtan Bar CI own E Ldn Maputo PEfa 1/7 10/7 J/7 14/S JO/J PEb ELon 14.5 WW/ 1&2 JARDINE SWUNG AGENOES (Rej. *****4/ OOK)
      389 words
    • 689 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/ REEFER/BULK SERVICE Uadnf tor lOS ANGilf S S« f«**CISCO StAHU lACOMA ,«ACOUVt» BC •ccephnj fa fa Coil jams AUSTRALIA EXPRESS CONTAINER SERVICE Acctptnf Fa fCI Contaners Aho acctpto* horn P Krtjnt f» Auck H( lr S(w, Mtftt Svdr I h n ?3 m<, Clow,
      689 words
    • 714 22 SANKD ASIA FROM JAPANESE PORTS AND HONGKONG 1 SOON CHURN 2 TEKAO 3 BERDIMRI 4 RAJA TMOft 5 REGENT RANGER 6 FUKUZAKI MARU 7. GREAT MOUNT Sattapore 23/24 May 25/27 May 26/21 May 26/28 May 29/31 May 2/4 fan 6/1 fan P Kelanj 25/26 May 21/29 May 29/30 May 29/30
      714 words
    • 547 22 INTRASCA (PTE) LTD 10 Anson Road »27 16 Internationa l PI a/a Singapore 0207 Tel *****1 1 (1 0 Linesi aro AAtiAuvs O BREAKBULK SERVICE TO EUROPE/UK DAHLIA *****05 KONKAI) THETIS S pore P Keiaof Loadmf tor In Port NANTES ROTT/U K (AVON) 30/5 1/S ANT ROTT/U.K ALPAC LINE TI
      547 words

  • Page 23 Advertisements
    • 665 23 TO EUROPE/UK (VIA SUEZ): K JACEJN 24*. W CONT/UNER 40N. SS BRDGE 46N C PAUL 40# C CONTMO 261 V.... Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: FCL Cargo 1400 3/6 LCL Cargo 0200 3/6 FROM EUROPE (VIA SUEZ) SS BRDGE 45E C PAUL 39E C
      665 words
    • 645 23 HEUNG-A SHIPPIf Korean Flag Vessels SE Ifi"SP NTA,NER,SED DIRECT service to IANGKOK, KEELUNG. BUSAN. INCHON No 6 Donjm 40 jM No I Donjm 404N Gloru 404N No Omm 407N r «l INC MOW BUSAN 71/ J 2/6 14/t 4/6 11% 19/S >?/» n/k »/t 19/6 74/6 J/7 1 27-Jl4 Fm
      645 words
    • 964 23 r»ge vii SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SWSOV BUI.DUG 55, Market Street Singapore 0104 Teteohme MnOun oi»» /ic Cable Address SWSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK AT MAN SOON SON M> IST ANO 2NO FLOOR NO 1 IALAN CfMPfNWG PORT
      964 words

  • Page 24 Advertisements
    • 575 24 Kc4|iiNial Container Lines 2 Sailings Weekly Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday \1 SINGAPORE ISLANDS USE MIDDLE EAST REGULAR LINER VEB DEUTFRACHT/SEEREEDEREI ROSTOCK EXPRESS SEMI-CONTAINER SERVICE P Klang S pore Penang 5/7 tun 2/4 Jui 1/10 Mi V) U 2/4 M 10/12 M Rdam Awerp H
      575 words

  • Page 25 Advertisements
    • 83 25 French Line hJ. tJMXfi IH LICORNE 1 •CONTAINER SERVICE TO BANGLA-DESH/INDIA/SRI LANKA/PAKISTAN SEAUON SHPfVK (S) PTE LTD. SAIXS/BOOKMCS TEL *****11 (t IMS) <^Seawinds DIRECT FULL CONTAINER SERVICES TO US PACIFIC COAST FEEDER VESSEL amtn laws OKIfNTAI SMWINOS UNfR AGINCr PM ITO SINGAPORE TEI ??***** SALES/BOOKINGS MALAYSIA GENERAL FREIGHT (M| SON
      83 words
    • 222 25 Scan Dutch 9 IRBKJI To Europe (Med/UK/NC/Scan) Anson Sid Anson 24/5 Anson 31/5 Anson 7/6 Anson 14/6 Anson 21/6 P. KELANG B Butane SM B Kemumnj 25/5 B Butane 1/6 B Kemumnf 8/6 B Butang 15/6 B Kemunmg 22/6 To Red Sea Mediterranean a FEEDER P. KELANG MOTHER VESSEL SINGAPORE
      222 words

  • Page 26 Advertisements
    • 143 26 Dawn of a new m Why live in the past 9 You don t have to wait for hours, or days, to reach a ship You don't have to put up with fading calls You don t need everyone listening in t") what you re saying You don t have
      143 words
  • Page 26 Miscellaneous
    • 184 26 r A Regional Weather 4 m m s a i >1 Vi t 'a m 55 w&\ t SB M ri S >•3 33 I w m 3?; 1 ilk! ILIK c Win* Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. legend:
      184 words