The Business Times, 22 May 1984
1984-05-22
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The Business Times
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Title Section12 1984-05-22 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, MAY 22, 1984 60 CENTS12 words
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380 1984-05-22 1 RICHARD SEAH - 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 on380 words
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595 1984-05-22 1 LEE HAN SHIH - 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 new595 words
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241 1984-05-22 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 L241 words
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Article321 1984-05-22 1 RAMESH CHANDIRAMANI - 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 some321 words
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Article65 1984-05-22 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
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Article, Illustration66 1984-05-22 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 14.6566 words
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Article545 1984-05-22 1 JEFFREY TSANG - 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 Spares545 words
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306 1984-05-22 1 PENG AILIAN - 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 Kah306 words
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Article, Illustration109 1984-05-22 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. In109 words
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Page 1 Advertisements
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Advertisement134 1984-05-22 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 the134 words
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Advertisement265 1984-05-22 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 applied265 words
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Advertisement81 1984-05-22 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, including81 words
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Advertisement6 1984-05-22 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM6 words
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HOME NEWS
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Article, Illustration477 1984-05-22 2 JAIME LYE - 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
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187 1984-05-22 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- missioner187 words
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230 1984-05-22 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 resource230 words
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Article112 1984-05-22 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 on112 words
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335 1984-05-22 2 MONICA GWEE - 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 to335 words
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TRADE TALK
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Article36 1984-05-22 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.36 words
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Article161 1984-05-22 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 well161 words
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Article59 1984-05-22 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 a59 words
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Article38 1984-05-22 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
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Article89 1984-05-22 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 the89 words
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Article152 1984-05-22 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 less152 words
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Article, Illustration102 1984-05-22 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
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347 1984-05-22 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 include347 words
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Article, Illustration249 1984-05-22 3 JEFFREY TSANG - 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 also249 words
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383 1984-05-22 3 LOH HUI YIN - 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 by383 words
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313 1984-05-22 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 would313 words
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220 1984-05-22 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, covers220 words
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140 1984-05-22 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 the140 words
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327 1984-05-22 3 MONICA GWEE - 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 Productivity327 words
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95 1984-05-22 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 to95 words
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Page 2 Advertisements
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Advertisement227 1984-05-22 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
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Advertisement247 1984-05-22 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 o247 words
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Page 3 Advertisements
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Advertisement219 1984-05-22 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 power219 words
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OVERSEAS
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680 1984-05-22 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 haveAgencies - 680 words
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414 1984-05-22 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 andUPI - 414 words
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Article, Illustration302 1984-05-22 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 wereAP - 302 words
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265 1984-05-22 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 aReuter - 265 words
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280 1984-05-22 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 powerfulReuter - 280 words
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282 1984-05-22 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 RithauddeenBernama - 282 words
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160 1984-05-22 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 andBernama - 160 words
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Article784 1984-05-22 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 PEN784 words
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243 1984-05-22 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 officialsAP - 243 words
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183 1984-05-22 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 toldUPI - 183 words
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617 1984-05-22 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 fromNYT - 617 words
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Article, Illustration435 1984-05-22 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 haveReuter,; UPI; UPI picture - 435 words
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294 1984-05-22 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 byUPI - 294 words
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123 1984-05-22 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 formerUPI - 123 words
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362 1984-05-22 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 theAP - 362 words
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155 1984-05-22 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 asAFP - 155 words
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WORLD IN BRIEF
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Article38 1984-05-22 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.38 words
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Article50 1984-05-22 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
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Article61 1984-05-22 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 to61 words
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Article44 1984-05-22 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.44 words
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Article41 1984-05-22 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.41 words
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Article31 1984-05-22 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.31 words
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Article30 1984-05-22 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
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144 1984-05-22 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 affairsUPI - 144 words
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109 1984-05-22 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 thanUPI - 109 words
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Page 4 Advertisements
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Advertisement166 1984-05-22 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. Delicate166 words
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Advertisement11 1984-05-22 4 Pan Am First Class. Space. First In Luxury. First In Comfort.11 words
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Page 5 Advertisements
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Advertisement370 1984-05-22 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
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Page 6 Advertisements
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Advertisement179 1984-05-22 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 8179 words
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Advertisement128 1984-05-22 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 .irs128 words
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BANKING AND FINANCE
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546 1984-05-22 7 ALVIN TAY - 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), said546 words
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Article70 1984-05-22 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 investorsReuter - 70 words
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Article, Illustration649 1984-05-22 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 latestReuter - 649 words
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254 1984-05-22 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 monetaryNYT - 254 words
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314 1984-05-22 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 aroundReuter - 314 words
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129 1984-05-22 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,129 words
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MONEY AND EXCHANGES
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Article344 1984-05-22 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 386.40/386.90.344 words
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Article316 1984-05-22 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 1/16316 words
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Article, Illustration554 1984-05-22 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 $91.30/40. The US dollar closed lower against major currencies in thin late trading554 words
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Article250 1984-05-22 7 Interbank rates at 3pm KorniMl ratw I Smithsonian Cufrtncwt quoted yaatai ■day cr om parity change Local dollars to on* unit of foreign currency -24 99 -59 90 44 93 -60 10 US dollar Sterhng pound Australian dollor NZ doHor Conodion dollar 2.1150 2 9461 1 8866 1250 words
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Article128 1984-05-22 7 THE overnight rate on the local interbank money market closed higher at 7.75 per cent yesterday compared with 7.5 per cent at last Friday's closing. Term rates were unchanged except for the onemonth rate which eased by 1 h point to 8'» per cent. S$ interbank rates 1128 words
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Page 7 Advertisements
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Advertisement22 1984-05-22 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)22 words
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Advertisement127 1984-05-22 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 Smaaporo127 words
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FEATURES
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Article485 1984-05-22 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, it485 words
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Article, Illustration1552 1984-05-22 8 ROBERT BENNET - 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 hasNYT - 1,552 words
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Article, Illustration866 1984-05-22 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 focalFT - 866 words
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Article, Illustration1747 1984-05-22 9 BARBARA AARSTEINSEN - 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 winningNYT - 1,747 words
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Article, Illustration557 1984-05-22 9 TODD EASTHAM - 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 livingUPI - 557 words
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Page 8 Advertisements
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Advertisement268 1984-05-22 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 the268 words
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Page 8 Miscellaneous
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Miscellaneous35 1984-05-22 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?*-'35 words
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Page 9 Advertisements
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Advertisement45 1984-05-22 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 TTIsIOISRg45 words
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Page 9 Miscellaneous
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Miscellaneous915 1984-05-22 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 of915 words
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INTERNATIONAL STOCKS
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759 1984-05-22 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 bearNYT - 759 words
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480 1984-05-22 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 centNYT - 480 words
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257 1984-05-22 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 rapidFT - 257 words
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558 1984-05-22 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 usedNYT - 558 words
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Page 10 Advertisements
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Advertisement408 1984-05-22 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 mM408 words
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Advertisement50 1984-05-22 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 Lir50 words
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ASIAN STOCKS
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Article379 1984-05-22 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 later379 words
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Article245 1984-05-22 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 90245 words
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Article475 1984-05-22 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 against475 words
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Article69 1984-05-22 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 +769 words
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Article453 1984-05-22 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 also453 words
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Article143 1984-05-22 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
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Article113 1984-05-22 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 18113 words
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Article72 1984-05-22 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
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Corporate round-up
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Article85 1984-05-22 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 was85 words
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Article99 1984-05-22 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 the99 words
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Article177 1984-05-22 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 British177 words
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Article160 1984-05-22 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 delivery160 words
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Page 11 Advertisements
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Advertisement142 1984-05-22 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 RJN142 words
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Advertisement137 1984-05-22 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,, in137 words
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Advertisement61 1984-05-22 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 ways61 words
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Advertisement97 1984-05-22 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 and97 words
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Advertisement253 1984-05-22 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 aliens253 words
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RAW MATERIALS
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711 1984-05-22 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
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Article228 1984-05-22 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 tonnesReuter - 228 words
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Article112 1984-05-22 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. New112 words
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137 1984-05-22 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 thatReuter - 137 words
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Article301 1984-05-22 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 No301 words
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Article89 1984-05-22 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 main89 words
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Article148 1984-05-22 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 Blue148 words
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95 1984-05-22 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 23,000Reuter - 95 words
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218 1984-05-22 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 1.7Reuter - 218 words
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133 1984-05-22 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 afterReuter - 133 words
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Article163 1984-05-22 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 $25163 words
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Article156 1984-05-22 12 Chinese Produce FOB NSW 487 50 Exchange Nutmeg (Sellers' noon closing prices S$/ 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 London156 words
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136 1984-05-22 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, almostReuter - 136 words
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Article44 1984-05-22 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. ReuterReuter - 44 words
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Article305 1984-05-22 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 in305 words
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Article322 1984-05-22 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 200322 words
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Article107 1984-05-22 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 255107 words
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Article951 1984-05-22 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 roasters951 words
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Page 12 Advertisements
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Advertisement60 1984-05-22 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. Scan60 words
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SHARE INFORMATION
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Article, Illustration4250 1984-05-22 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
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Article290 1984-05-22 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 1050290 words
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Article537 1984-05-22 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 took537 words
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Article3363 1984-05-22 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
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Page 13 Advertisements
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Advertisement8 1984-05-22 13 Business done on the KLSE See Page 148 words
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COMPANY NEWS
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Article, Illustration442 1984-05-22 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 a442 words
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Article134 1984-05-22 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 profit134 words
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Article2495 1984-05-22 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) 1 952,495 words
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363 1984-05-22 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 under363 words
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Article109 1984-05-22 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
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Article230 1984-05-22 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 1230 words
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Article83 1984-05-22 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 least83 words
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Article1338 1984-05-22 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
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Article238 1984-05-22 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, Kuala238 words
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538 1984-05-22 15 CHAN OI CHEE - 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 to538 words
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110 1984-05-22 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 also110 words
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Article372 1984-05-22 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 in372 words
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Article, Illustration645 1984-05-22 15 NAJEEB JARHOM - 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 a645 words
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712 1984-05-22 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 Chin712 words
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Article1009 1984-05-22 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 and1,009 words
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289 1984-05-22 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 forecast289 words
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221 1984-05-22 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 was221 words
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Article331 1984-05-22 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 Kuchoi331 words
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Article335 1984-05-22 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 into335 words
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Page 14 Advertisements
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Advertisement636 1984-05-22 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
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Page 15 Advertisements
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Advertisement300 1984-05-22 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 Resolution300 words
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Advertisement78 1984-05-22 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 Certificate78 words
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Article, Illustration785 1984-05-22 16 ZHOU MEI - 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. ForMinistry of Trade & Industry's Economic Survey of Singapore — First Quarter 1984 - 785 words
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461 1984-05-22 16 LISA LEE - 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
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113 1984-05-22 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 The113 words
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389 1984-05-22 16 BOEY KIT YIN - 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 of389 words
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307 1984-05-22 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, said307 words
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351 1984-05-22 16 LEE HAN SHIH - 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 the351 words
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LATE FILE
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Article42 1984-05-22 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. ReuterReuter - 42 words
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Article39 1984-05-22 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. ReuterReuter - 39 words
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Article28 1984-05-22 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. ReuterReuter - 28 words
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Article39 1984-05-22 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
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Article39 1984-05-22 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. ReuterReuter - 39 words
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39 1984-05-22 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. ReuterReuter - 39 words
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Page 16 Advertisements
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Advertisement163 1984-05-22 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 shredder163 words
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Advertisement105 1984-05-22 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 neighbour105 words
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Page 16 Miscellaneous
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Miscellaneous54 1984-05-22 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 Roiny54 words
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SHIPPING TIMES
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335 1984-05-22 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) has335 words
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596 1984-05-22 17 DANIEL SIM - 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 agent596 words
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PORTSIDES
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Article142 1984-05-22 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
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Article89 1984-05-22 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 JuneReuter - 89 words
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Article683 1984-05-22 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 PC683 words
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Article, Illustration1458 1984-05-22 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 wasFairplay - 1,458 words
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Article1067 1984-05-22 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 Casablanca1,067 words
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217 1984-05-22 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 Trade217 words
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408 1984-05-22 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 reached408 words
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Article63 1984-05-22 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 on63 words
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Article193 1984-05-22 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
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712 1984-05-22 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 FarLloyd's List - 712 words
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304 1984-05-22 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 Wilhelmsen304 words
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Article255 1984-05-22 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 was255 words
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6922 1984-05-22 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 of6,922 words
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Article630 1984-05-22 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 FSB630 words
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Article1705 1984-05-22 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) Island1,705 words
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Article431 1984-05-22 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 alongside431 words
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Article285 1984-05-22 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 haveAFP - 285 words
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Article549 1984-05-22 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, towage549 words
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Page 17 Advertisements
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Advertisement450 1984-05-22 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 Bremerharen450 words
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Advertisement404 1984-05-22 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 21/5404 words
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Advertisement27 1984-05-22 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 X27 words
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Advertisement907 1984-05-22 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. RMOO907 words
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Page 18 Advertisements
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Advertisement220 1984-05-22 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
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Advertisement357 1984-05-22 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 WOK357 words
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Page 19 Advertisements
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Advertisement984 1984-05-22 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 11/7984 words
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Advertisement613 1984-05-22 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 1613 words
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Page 20 Advertisements
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Advertisement665 1984-05-22 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 US665 words
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Advertisement388 1984-05-22 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 an388 words
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Advertisement595 1984-05-22 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 10595 words
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Advertisement880 1984-05-22 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
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Advertisement316 1984-05-22 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 BREEZE316 words
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Page 21 Advertisements
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Advertisement650 1984-05-22 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
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Advertisement291 1984-05-22 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 TEL291 words
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Advertisement876 1984-05-22 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 13/0876 words
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Advertisement523 1984-05-22 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 It523 words
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Advertisement553 1984-05-22 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 3553 words
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Page 22 Advertisements
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Advertisement944 1984-05-22 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 MOTKR944 words
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Advertisement389 1984-05-22 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
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Advertisement689 1984-05-22 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
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Advertisement714 1984-05-22 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 29/30714 words
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Advertisement547 1984-05-22 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 TI547 words
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Page 23 Advertisements
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Advertisement665 1984-05-22 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 C665 words
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Advertisement645 1984-05-22 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 Fm645 words
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Advertisement964 1984-05-22 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 PORT964 words
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Page 24 Advertisements
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Advertisement575 1984-05-22 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 H575 words
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Page 25 Advertisements
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Advertisement83 1984-05-22 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| SON83 words
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Advertisement222 1984-05-22 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 SINGAPORE222 words
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Page 26 Advertisements
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Advertisement143 1984-05-22 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 have143 words
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Page 26 Miscellaneous
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Miscellaneous184 1984-05-22 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
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