The Business Times, 24 May 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 THURSDAY, MAY 24,1584 60 CENTS
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  • 413 1  -  Rothmans, Sum Cheong and Kwong Maw Sawmill send plans to Beijing officials By FOO CHOY PENG CHINA may soon have at least three more Singapore companies joining its foreign investment sector. Kwong Maw Sawmill, Rothmans Industries (S) and Sum Cheong Holdings are among
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  • 320 1  -  By LOH HUI YIN MOBIL'S refinery in Jurong has undergone a $3 million facelift, the biggest since it was built 18 years ago. During the 37-day facelift, only 1/6 of the refinery's 180,000-barrel processing capacity was functioning daily. This meant that a staggering 5.5
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  • 181 1 OCCASIONAL floods like the one on Monday are here to stay and Singaporeans may as well learn to live with the inconvenience. The intense rainfall that fell exceeded the design capacity of the drains and canals, causing the inevitable flood.
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  • 99 1 AFP THE NEW Hongkong Futures Exchange (HKFE) will swing into operation in October in a bid to foster international interest in Hongkong's financial futures market. Dr Kim Cham, chairman of the existing Hongkong Commodity Exchange (HKCE), said yesterday that the new
    AFP  -  99 words
  • 387 1  -  By LUCY NG NEGOTIATIONS for new wage pacts for bargainable officers in about 20 banks have yet to start. The Singapore Bank Officers Association, representing 13,000 members from 30 banks, is finding the situation unacceptable. Most of their three-year collective agreements with the banks
    387 words
  • Article, Illustration
    76 1 THE SINGAPORE stockmarket ended on an easier note yesterday in line with the softer overnight Wall Street market. General concern over the performance of the other major world bourses pervaded the local market. Trading got off to a poor start, hat haying interest re- turned later, helping to
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  • 350 1  -  By JEFFREY TSANG THE BOTTOM line in all technological advances is still the satisfying of end users' needs. This was emphasised by Mr Frank Yung, chairman of the Telecommunication Authority of Singapore, at his opening speech yesterday at CommunicAsia/InfotechAsia '84, a fourday exhibition. He said: "The
    350 words
  • 60 1 Reuter BRITISH police are looking for a disappointed bank robber who fled from a holdup with a bag full of empty money bags. A clerk had filled the gunman's bag with plastic bags as if they were piles of banknotes. The robber thus left the bank
    Reuter  -  60 words
  • 267 1 MALAYSIAN Resources Corporation Bhd (MRCB) has agreed in principle to acquire a 60-per cent equity stake in Cheq Point (M). The cash price under consideration is Ms4.B million for three million shares. This sale offer was made by Syabas
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  • Page 1 Advertisements
    • 77 1 budget rent a car I Orchard: *****11 Katong: *****11 BEIT BUSINESS OR PERSONAL Decision Mate V You're sure to find our approach refreshing in your search for computers. At Microage Computer Systems, our satisfaction is helping you see beyond mere hardware, to workable solutions to your problems. Let us help
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    • 268 1 Send mail through your computer, Page 16 wm SHARE INFORMATION 13 RAW MATERIALS 12 MONEY EXCHANGES 7 A DUTCH company, Voskamp Agroprojecten, has set up a representative office in Singapore. It aims to capture the large market in traditional agriculture-based countries in the region. Page 2 A SURGE IN US
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    • 105 1 Full report, Pag* 13 International stocks, Paga 10 Asian stocks, Paga 11 C a/ /te/ ■C. w I#. 14 w J2l lIIM' 1 HMtitlimiii "Hl'iimiiiinitiint Eyeglasses and Sunglasses r A W/ mu/t" ck> Carfie Les must de Cartier Boutiques: Singapore >0i Ordurd Road. Lucky Plaza #01-V>- I. Cuscjden Road. Pavilion
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  • HOME NEWS
    • 381 2  -  By BOEY KIT YIN A DUTCH COMPANY has set up a representative office in Singapore to bring high-technol-ogy to the agricultural industry in Asia. Using Singapore as a base, Voskamp Agroprojecten aims to capture the large market in traditional agriculture-based countries in the
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    • 93 2 SPERRY, a leading US-based computer systems manufacturer, is demonstrating its latest software for improved airline cargo operations at the International Air Cargo '84 exhibition at the Mandarin Hotel from May 22-24. Sperry and Cargolux, the Luxembourg air cargo carrier, will introduce the new
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    • 286 2 MsmmAshlM MASTERMETRICS Pty Ltd, an Australian company, has developed a new telephone usage monitor, a simple, compact desk-top telephone attachment which prints out details of calls made and received. Two models are available the Metrix Teletracker, which has a capacity of eight lines
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    • 161 2 THE OVERALL air pollution level for the first quarter of this year was generally lower than the fourth quarter of 1983. Total acidity levels for all areas (urban, industrial and rural) were similar to those observed in the previous quarter. More rain
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    • 118 2 THE National Monuments special postage stamps will be on sale from June 7. They will be in denominations of 10 cents, 35 cents, 50 cents and $1. These special postage stamps can be bought at: Telecoms Customer Services Centre (Comcentre branch) from Bam to 6pm; General
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    • 367 2 MEMO PAD Seminars and courses DURATION May 25 TITLE Shipping Law Lecture Course VENUE RELC Building ORGANISER Institute Of Shipping May 26 Retrenchment May 28-30 Critical Skills In Monaging Teamwork May 28-30 Professional Selling Skills Id/Xerox Learning Systems May 28-30 How To Organise And Manage An Effective Sales Force May
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    • 314 3  -  By LEE HAN SHIH DIGITAL Equipment Corporation, the world's largest maker of mini-computers, is seeking to transfer some of its engineering work to the Far East. It also wants to appoint some original equipment manufacturers (OEMs) in Singapore, who will buy
      314 words
    • 438 3 THERE is a list of simple rules to follow in the quest for the Nobel Prize. In a lighthearted delivery at the Science faculty of the National University of Singapore yesterday, Professor Per-Olov Lowdin told an audience of about 40
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    • 85 3 THE GOVERNOR of Jakarta, Mr R Suprapto.and Mrs Suprapto arrived yesterday for a fiveday visit. They were received by the Minister for National Development, Mr Teh Cheang Wan, and Mrs Teh. The Indonesian Governor will visit the Mass Rapid Tran- sit Corporation and the Housing
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    • 218 3 THE LARGEST computer company in Singapore will soon acquire a more Asian identity. From July 1, IBM.(S) will be reporting to a regional headquarters to be set up in Tokyo, which will be responsible for International Business Machine Corp's activities in the
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    • 71 3 THE WEST German government has again invited Singapore students from secondary schools to visit the country. Ten local students and a teacher will be in West Germany for a four-week study programme. The invitation was extended to give the students a first-hand experience of Germany
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    • 517 3  -  By WANG LOOK KEAH Transport Correspondent THE AIR cargo business in the Asia-Pacific region will prosper in the next few years, and the industry must upgrade itself to cope with the expected growth. This was the unanimous view of speakers at yesterday's session
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    • 345 3 THE TEACHING of electro-me-chanical maintenance fitting at the Vocational and Industrial Training Board has received positive feedback from both students and training staff. And Vl'l'B has responded by increasing the enrolment figures for each six-monthly intake from 48 in July 1982 to 209 this January.
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    • 130 3 Raffles pioneers of the gifted child programme IN MANY WAYS, Raffles Institution is Singapore's forerunner of the gifted child programme, said Mr Lee Yock Suan at the school's 161 st Founder's Day celebration yesterday. The Minister of State for Finance said that RI has continued to attract many talented pupils
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  • Page 2 Advertisements
    • 112 2 ~-y. W- L. t= THE ART OF ENGINEERING ■X?'The Audi 100 has opened up new perspectives in automobile engineering Setting new standards in aerodynamics, spaciousness, fuel economy and comfort. An achievement, which cars will he measured against for years to come. Make an appointment to test drive the Audi 100,
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  • Page 3 Advertisements
    • 116 3 WE ARE EXPANDING ANOTHER NEW OFFICE AND WAREHOUSE. TO SERVE OUR CUSTOMERS BETTER. Great Eastern Hotel Mactaggart Road global MacPherson Road Mi o** X AmPORL SINGAPORE mf™ 0 A RP RT CARGO ROAD SINGAPORE CHANG. AIRPORT A SINGAPORE L 918? A RFRE GHT INT L PTE P.O. BOX 508. SINGAPORE
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  • OVERSEAS
    • 245 4 AP CIGARETTE smoking is the primary cause of chronic, obstructive lung disease, including bronchitis and emphysema, the US Surgeon General said yesterday in his newest report on smoking. In "The consequences of smoking: Chronic obstructive lung disease", Surgeon General CEverett
      AP  -  245 words
    • 70 4 Reuter A DELEGATION from Hongkong which went to London to lobby British politicians on the future of the British colony returned yesterday. Their leader, Sir S Y Chung, said they were now keen to send a delegation to Beijing. Sir Chung said he was
      Reuter  -  70 words
    • 487 4 Reuter THE AMERICAN semiconductor industry is enjoying the most robust business climate of its history and many industry analysts expect a period of sustained improvement for semiconductor manufacturers. Analysts are predicting that US shipments will increase by as much as 50 per cent
      Reuter  -  487 words
    • 174 4 AFP MAYOR Cesar Climaco of Zamboanga City in the southern Philippines, a big opposition winner in the May 14 general elections, said he is renouncing his seat in the National Assembly. Mr Climaco said he preferred to remain mayor rather than be addressed
      AFP  -  174 words
    • 182 4 AFP ASEAN has increased food production and raised farmers' incomes through cooperation among member countries. Its Committee on Food, Agriculture and Forestry (Cofaf) has also promoted greater production of agricultural export commodities. Indonesian Minister for Agriculture Achmad Affandi told the 13th Cofaf biannual
      AFP  -  182 words
    • 172 4 AFP CHINA, hankering for a share of the lucrative food market, opened its first supermarket store in Hongkong recently, only to be caught in the crossfire of a cut-throat price war. The "war", featuring 50 per cent cuts for
      AFP  -  172 words
    • 233 4 AP INDIAN POLICE fired on rioters early yesterday, killing three people, as the death toll in seven days of Hindu-Muslim violence in the Maharashtra state grew to 144. Meanwhile, officials have found nine decomposed bodies in Bhiwandi, a textile town north-east of Bombay, where
      AP  -  233 words
    • 723 4 ARRIVALS Operator Servicc numbei Local From time KAL PAA CAL SIA MAS TMA MAS SV MAS MAS RBA SIA CPA GIA GIA SIA SIA MAS MAS GIA SIA SIA SIA GIA SIA THAI GIA SIA THAI SIA LUFT CPA MAS UL MAS SIA UTA SIA SIA GIA
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    • 177 5 AP JAGUAR, the most successful division of state-owned British Leyland Motor Corp, will be sold to private owners this year, the British government announced on Tuesday. The news came only hours after the company announced plans to lay off 1,800 workers and close
      AP  -  177 words
    • 80 5 CHINA nnveiled Its biggest military reform in nearly 3f years on Tuesday, instituting a draft, introducing student training and re-establishing service ranks in moves to modernise the world's largest standing army. Formal military training programmes in high school and colleges will be introduced to boost
      UPI picture  -  80 words
    • 277 5 AP THE MALAYSIAN government wants foreign manufacturers whose products enjoy a sufficient market within the country or the region to consider setting up production plants in Malaysia with local partners, a senior trade official has said. To attract investors for such projects, the govern.ment
      AP  -  277 words
    • 298 5 AP THE US Army Corps of Engineers says it has developed a new way to spot welding mistakes immediately on structures such as bridges and nuclear reactors, saving time, money and perhaps lives. Previously, faulty welds often went undetected or were
      AP  -  298 words
    • 139 5 AFP THE AMERICAN House ol Representatives has refused to increase the national debt ceiling, in a move to force the Reagan administration to take action on the enormous US budget deficit. The Tuesday vote, *****0, came as the government reached its borrowing limit of
      AFP  -  139 words
    • 495 5 Taking precautions to offset supply downturn UPI Reuter A SURGE IN US crude oil imports last week indicates that the country is stockpiling oil as a buffer against a possible interruption of oil supplies from the Persian Gulf. Analysts in New York said yesterday that
      UPI; Reuter  -  495 words
    • 419 5 AP UNITED NATIONS secretarygeneral Javier Perez de Cuellar has said that the US should adopt a "hands-off policy" in the Gulf crisis and allow the UN to seek a solution. The real issue in the deepening Iran-Iraq war, Mr Perez de
      AP  -  419 words
    • 524 6 Reuter INDUSTRIALISATION of space takes a leap forward next month when the first factory worker is put into orbit by the US. His role will be to prepare for the commercial production of drugs made from materials produced in space. The zero gravity of
      Reuter  -  524 words
    • 234 6 Reuter A EUROPEAN rocket completed the world's first commercial space venture on Tuesday night, putting an American communications satellite into orbit above the Equator. Last minute hitches delayed the launch of the Ariane I rocket, developed by the 11-nation European Space Agency from its jungle
      Reuter  -  234 words
    • 65 6 HOT MUSIC for cold-blooded creatures the keeper of the alligators at the Zurich Zoo, having learned from several field studies that alligators tend to mate during thunderstorms, decided to drum up the passions of his reptllean charges. His instrument? A big bass drum what
      UPI picture  -  65 words
    • 175 6 Reuter OIL ANALYSTS have cut their estimates of reserves in the Jabiru field of the Timor Sea, North Australia. This is after the failure, so far, of the first appraisal well, Jabiru Two, to recover oil in the predicted zone. The field should now
      Reuter  -  175 words
    • 149 6 AFP AN INDONESIAN prison director who reportedly used convicts to work on his farm and drive the fruits of their labour to market in his official car is now under investigation, Justice Minister Ali Said has announced. Newspaper reports said that the chief of a
      AFP  -  149 words
    • WORLD IN BRIEF
      • 61 6 A TEAM of police mountaineers has set off to clean up Everest, the world's highest mountain, a Nepalese news agency said yesterday. Twelve mountaineers from the Nepal Police Mountaineering and Adventure Foundation left Kathmandu on Monday, hoping to teach villagers who live along the main route to Everest
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      • 67 6 GENERAL Semyon Romanov, the man who gave the order to shoot down the South Ko- rean airliner on Sept 1 last year, has died at the age of 62, the Russian army newspaper Red Star said on Tuesday. The phrasing used in the report, which said Mr Romanov
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      • 75 6 SWISS groups representing women, young people, atheists and homosexuals have set up an action committee to organise a protest in the capital, Bern, next month against a visit by Pope John Paul n. The groups oppose several of the pope's views on moral questions, and also the time
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      • 51 6 Agencies HUNDREDS of stray cats spreading disease through Lyon, France's second largest city, will be sterilised or exterminated, officials said on Tuesday. They said excrement and rotting food scattered by the strays were serious health hazards. Concerned officials have started a week-long campaign to round up the cats.
        Agencies  -  51 words
    • 341 6 UPI GENERAL MOTORS threatened legal steps against the West German metalworkers' union in a move to reactivate its Opel car factory near Frankfurt, shut down by a nine-day strike against the car industry. Opel officials said on Tuesday that they would seek
      UPI  -  341 words
    • 136 6 Reuter US ambassador to the United Nations Jeane Kirkpatrick said on Tuesday the world body would be more effective if Third World nations ended bloc rivalry. She said in a speech to senior Malaysian government officials that blocs in the UN like the Organisation of
      Reuter  -  136 words
    • 479 6 NYT NEARLY half a billion dollars worth of shares in companies in Mexico's public sector went on sale on Tuesday in the first stage of the sell-off of state holdings in 339 companies. The companies were swept into the public sector in 1982,
      NYT  -  479 words
    • 302 6 UPI SOVIET forces are battling guerillas in Afghanistan with "liquid fire", a black tar-like substance that can prove a deadly weapon in modern European warfare. Jane's Defence Weekly said yesterday that Soviet aircraft began experimenting with what it called "liquid fire" in the summer of 1983
      UPI  -  302 words
  • Page 4 Advertisements
    • 379 4 w -•w RANAFAX Facsimile transceivers have met with the same initial problem that faced early telex users. You need more than one, in a desired location, in order to have two-way communication. So, do you delay purchasing your facsimile transceiver until your clients and business connections inform you that they
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    • 10 4 Pan Am Clipper Class. More Seatroom. More Legroom. More Space.
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  • Page 5 Advertisements
    • 47 5 Cecil Point 1000sq.ft—50,000sq.ft Bonking/Finance House units available at Ist level Please contact Fred Klass or David Wong *****2 Sole Marketing Managing Agent: Goddard Smith, Talhar Wong Pte Ltd International Property Consultants 2303. United Overseas Bank Building 1. Bonham St. Raffles Place Singapore 0104 Telex RS ***** GSWTW
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    • 29 5 riie Business Times X. "v: f PiagfT t v k' I t \l HIM I i.(\|\ Ih« pin* <1 j-ui» x u i 1 lu- I >iplomat, b\ Pia*jft
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  • Page 6 Advertisements
    • 103 6 s M *r m 4 M **> *M "Si I MATS WILANDER TENNIS, LOVES QfiRRUTI 1881 SPORT. Authorized Retail Outlets SINGAPORE METRO SCOTTS WINNER OF 1981 EUROPEAN JUNIOR CHAMPION fln 1982 FRENCH OPEN (WHEN HE WAS ONLY 17 YEARS OLD) IQQI noo AIIM 1983 ATP CHAMPIONSHIP 1001 1983 AUSTRALIAN OPEN
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  • BANKING AND FINANCE
    • 301 7 SINGAPORE: The local currency closed firmer at 5J2.1050 60 against the US dollar compared with Tuesday's close of 2.1075/85, at 5526.90/95 against the Hongkong dollar compared with 26.95/27.00 but softer against the Malaysian dollar at 5591.20/30 compared with 91.05/15. KUALA LUMPUR: The US dollar closed at 2.3905/ 3105,
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    • 245 7 Interbank rotes at 3pm CurrenciM Nominal r •tee Smithsonian quoted ya •terday croaa parity change Local dollars to One unit of foreign currency: US doHar 2.1050 2.1060 2 8196 -25 34 Sterling pound 2 9196 2 9231 7 3469 -60 26 Australian dollar 1 9019 1 9038 3
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    • Article, Illustration
      95 7 The overnight rate on the local interbank money market closed higher at 8 per cent yesterday, compared with Monday's closing of V/% per cent. Term rates closed higher by 1/16 to V» percentage point across-the-board. THE PLR is the lowest lending rote ot which a bonk is prepared
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    • 90 7 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $120 million 91-day Treasury bills. The tender closes on May 25. Each tender must not be for less than $250,000. Discount prices At yesterday's close Prices offered by discount houses on
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    • 253 7 DEPOSIT rates for Asian dollars closed little changed from opening levels in light trading yesterday. Short dates finned between and at the outset due to a higher US fed funds rate. Interbank deposit rates us$ Offer B.d 7 days 10 11/16 109/16 (month 10 13/16 10 11/16
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    • 236 7 SINGAPORE Futures trading was at a standstill yesterday on lack of interest, with prices closing steady to slightly higher. Prompt closed little changed at U*****.20/ 380.70 an ounce against New York's *379.25/379.75 close. June was slightly firmer at $380.50/382.20 against $380.40/380.50 and August at $387.70/389.70 against $387.20/387.60. TOKYO Gold
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    • 347 7 Reuter TAIWAN starts offshore banking operations this week but foreign and local bankers say they foresee no immediate financial bonus for the island. After three years of planning, the government is expected to grant its first licence to International Commercial Bank of China (ICBC)
      Reuter  -  347 words
    • 125 7 Reuter THE Japanese Cabinet has decided to exempt interest payments to non-residents on foreign-currency denominated national bonds from withholding tax, the Finance Ministry said. The Cabinet decision, which follows parliamentary approval of a government bill enabling the flotation of the bonds, specifies
      Reuter  -  125 words
    • 315 7  -  By SOH TIANG KENG MR ONG Hock Chye, regional manager of the National Bank of Abu Dhabi, has resigned from his job. He is one of the two local bankers heading an Arab bank here. Mr Ong, 39, told BT he is going on "sabbatical leave"
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  • Page 7 Advertisements
    • 198 7 As your business expands, so do your potential risks r: lit 1 For your insurance needs, come to the experts who speak your language As your business expands, identifying your potential risks can be a challenging proposition. And when you start doing business throughout the region, it is more important
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    • 149 7 TWO YEARS AGO, THESE LIGHT DIFFUSERS LOOKED EXACTLY THE SAME. AFTER TWO YEARS MOST IMPORTED DIFFUSERS TEND TO YELLOW. If someone offered you two polystyrene light diffusers that looked exactly the same, but one was 15% cheaper, which would you choose? Unfortunately, every year hundreds of contractors make exactly the
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  • FEATURES
    • 484 8 FIVE MONTHS may not be a long time to wait to conclude a collective agreement. But it is a very long wait for negotiations to start. And indications are that it will take some time before the Singapore Bank Officers' Association can get a seat
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    • 776 8  -  By GRAHAM LOVELL Reuter AN UNEXPECTEDLY strong showing by opposition parties in the Philippines parliamentary elections has dealt a sharp psychological blow to the 18-year-old government of President Ferdinand Marcos. But it remains to be seen whether the opposition can act as an effective balancing
      Reuter  -  776 words
    • 341 8  -  By WILLIAM KAZER Reuter BURMESE TROOPS have overrun the jungle headquarters of a key opium warlord, but the most feared drug dealer in the "Golden Triangle" is probably not out of business. Sources connected with antinarcotics efforts said shadowy drug kingpin Chang
      Reuter  -  341 words
    • 1407 9  -  One of the biggest commercial gambles is going to show its yield within the coming year By ANN SCOTT UPI ONE OF THE BIGGEST commercial gambles in history, it has already cost scores of lives and more than US$BOO million in risk capital.
      UPI  -  1,407 words
    • 608 9  -  By JILL LAI UPI WITH DISCOUNTING on the rise and traditional markets in disarray, booksellers everywhere are struggling to adjust to an atmosphere far removed from the leisurely browsers' heaven of a few years ago. The race to keep ahead of -inflation,
      UPI  -  608 words
  • Page 8 Advertisements
    • 157 8 m soups Chnoedel Suppe beef broth with veaJ dumplings. woli.shofer A beauty of a dish is Forelle "Zuger Art" poached fillets of imm in o white wine sauce, served with buttered rice. Equally unforgettable for the r S£ UiS e avours are Rindsfilet "Walter" heart of beef breaded with almond
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    • 215 8 Telecommunications for everyone Discover the state-of-the-art at Asia's total electronic communications event 3rd Asian international Electronic Communications Show Conference MMmMsiafJE lit South East Asian Business, Hardware Software Show A Conference 23 26 May 1984 World Trade Centre Singapore 1100-1800 hours A# the established forum for the region's PTTs end major
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  • Page 8 Miscellaneous

  • Page 9 Advertisements
    • 39 9 a on f. x now at I 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. QODIsIO
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  • Page 9 Miscellaneous
    • 921 9 miXiWb ajMM Mil 12 The war years 8.03 pm America enters the war of 1917. A series documenting the story of World War I and originally researched and produced for French television. The series shows memorable footage, much of it never before screened for television audiences. Further, we have the
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  • INTERNATIONAL STOCKS
    • 761 10 Investors still worried about interest rates and economy STOCK prices closed lower for the fourth consecutive day on Tuesday with share prices receiving little technical support and investors still concerned about interest rates and the strength of the US economy. The Dow Jones Industrial Average,
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    • 831 10 MAY 22 US$ ACF Industries 52* Akon Alumin 27*11 Alcoa 33'* Allegheny Lud 22'. Allied Chem Cp SO** Allied Stores 424 Altis-Chalmers II* Am Brands Inc 53 7 Am Broodcast 57 Am Con Co 41* Am Qyonornid 49 Am Elec Pwr 15* •H Am Express 29v, Am Home
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    • 198 10 may 22 C$ i At»f*>< Ale on Algo»r»o 26 35 s. 21 «mch unch Book Moot Bon* No»a Scotto Tel BP Con Ltd 23 10'. 30 s. 21 Brotcon Con tmp Bi Cor. Prm Mg 3V, 24 •J Canp(K Corhna O Kertf Crr-fei C(J l> Cn C» A Commco
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    • 280 10 Abercom 212 2 AE And O 940 unch Amopfop 450 10 AMtC 3150 unch Borl< > w> 1410 20 C G Smith 2500S 50 CNA 290 Currie Finance 520 Edc on E dqa's Fed Vo* 470 5 Fugit 430 unch Hivetd 560 10 450 100 Lib Holds 1250 unch
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    • 1012 10 Amsterdam MAY 22 FH ABN Aegon Ahold Afc/o AMF V Amtos Amrobofc BefV BoK Borsi jm«| Bosk a Buftet Calond Colv CM. M. Eh*»*' Fgh oVker Uooima Gi&Vbroc Hoge"»ever Hbg He«nek.en Hg*n Hoogovens Hundou Into NAuMer Kbb KLM Meoeba No of den National Ned NedMovd Nmb Oce Gf»nten
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  • Page 10 Advertisements
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    • 166 10 Spectacular m Double Bill Larry's MidnigM ers 30ouble excitement hits ROBIN S TAVERN Two popular groups entertain from 5 15 p m onwards A single group performs on Sundays and Mondays Order a glass ol White Horse /<<T! I :TT>v Whisky, Be4i Whisky. Seager Gin. A. Bisquit VSOP or Tiger
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    • 89 10 fit) HUANG PALACE m W Hong Kong Tim Sum served from 11 am to 2.30 pm (We also alter for weddings, anniversaries, birthdays and Chinese dinner functions.) Far Kr\mwtn>n\ f>hn\r < nil 2"*'>l22 F\t I*l7 or I fx) PRESIDENT MERLIN HOTEL SINGAPORE IHI. kiiilxiMi Riml. W9 I I LTrfilTJ r
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    • 124 10 Uafe fife 'Srand OUR I CHICKEN RICE $6Served with chilli, ginger and thick sova sauce together with a bowl of bean curd soup KIAM CHYE DUCK SOUP $6Served with plain rice and sliced chilli in black sauce MALACCA NONYA NASI LEMAK $5/ Served with Ikan Bilis. drumstick Sambal egg CONTACT:
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    • 127 10 London stocks, Page 15 aJMe f§Wo»%s§s Relax in a cosy atmosphere after a hard day's work with Live Entertainment by y W:1 rOPEN DAILY TILL 1 AM AMD SATURDAY TILL 2 AM FREE AMPLE PARKING Cockpit International Pte Ltd. Oxley Rise Penang Road. Singapore 0923. Tel: *****11 4 f. |Y»
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  • ASIAN STOCKS
    • 362 11 HONGKONG: Prices closed narrowly mixed after a weaker opening which followed declines in New York and London. Brokers described the market's performance as technical. On Tuesday, it staged its strongest rebound since British Foreign Secretary Geoffrey Howe's visit to Hongkong last month. The Hang Seng index closed 11.62
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    • 280 11 MAY 23 NT Lien Hwa Indus 1200 0 1 Non Ya Plos Pocitic Cons 37 40 32 20 unch All Sincere Indus 8 95 -0 2 Pacific Elect Asio Cement 32 40 -0 3 Cathoy Cons 33 60 unch Wire 19 80 unch Chong Hwo Bank 54 50 unch
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    • 458 11 TOKYO: Prices fell heavily initially in line with the Wall Street fall, but late bargain hunting lifted values from the day's lows. The market average fell 38.48 from Tuesday's close to 10,023.46 after hitting a low of 9,951.34. Turnover was a thin 250 million shares against 230 million on
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    • 94 11 Moy 23 Won Hyundai Corp 665 10 Hyundai Motor 571 5 Bank Seoul 670 -5 KAL 470 10 Choheung Bk 670 unch Ssongyong Cem 630 10 Commerical Bk 701 -2 Sunkyong 535 15 Doehm Ind 586 -34 T o*ohn Wire 605 -14 Daewoo Corp 390 -11 Korea First 713
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    • 494 11 SYDNEY: The Australian All-ordi-naries index moved to a six-month low as investors redirected selling pressure to industrial issues and away from resource stocks. The All-ordinaries index was 6.0 points weaker at 694.5, its lowest since November last year. The Allindustrials marker was 11.3 off at 956.0 and the All-resources
      494 words
    • 179 11 BANGKOK: Prices closed generally steady yesterday in slow trading. The Book Club index rose 0.24 to 117.40 on turnover of 23.1 million baht with 101,635 shares. Bangkok Bank, Jalaprathan Cement and Thai Glass Industries closed unchanged at 230, 130 and 240 baht respectively while Thai Farmers Bank and Siam
      179 words
    • 162 11 MANILA: Prices closed firmer yesterday in continued dull trading reflecting lower gold prices overseas and the Philippine economic situation. The commercial and industrial index rose 0.11 to 133.51, the mining marker added 4.81 to 1,067.20 while oils were up 0.004 at 0.724 Gainers were Atlas Con 'B' which rose
      162 words
    • 45 11 AFP RINNAI CORP, Japan's leading gas equipment maker, plans to start joint production of gas water heaters in China's Liaoning province next March. Production with the Liaoning provincial government will be 200,000 heaters a year, Rinnai president Akihito Naito said. AFP
      AFP  -  45 words
    • 224 11 AP JAPAN'S four major trading companies Mitsubishi. Mitsui, Sumitomo and Marubeni have agreed to help develop liquefied natural gas in Thailand in a joint venture with Thailand. "We expect to produce and ship to Japan two million to three million tonnes of
      AP  -  224 words
    • 140 11 Reuter FANUC has forecast record parent company after-tax profit of 21 billion yen and record current profit of 45.4 billion on record sales of 128.5 billion for the year ending March 31. Company president Seiemon Inaba said the forecast was based on expectations that demand
      Reuter  -  140 words
    • 27 11 FUJI Photo Film Co Ltd has reported parent company after-tax profit of 21.41 billion yen (23.93 billion) for the six months ended April 20.
      27 words
  • Page 11 Advertisements
    • 504 11 %J3 'J! M «a BP IF, S3 8^: !«2»3S I of A Light up your evenings with SATYN. 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 ■/V&J pa
      504 words
    • 272 11 hether you warn to impress a no* business contact or an established associate, do it in style at Northern Village We serve an excellent choice of C antonese cuisinc in a pleasant, tastefully furnished setting. And our prompt attentive service will put you at ease to enjos your meal and
      272 words

  • RAW MATERIALS
    • 426 12  -  By MICHAEL NEIL INDONESIA is likely to face a hard time during the negotiations on the new International Coffee Agreement (ICA) export quotas, which begin in June, if it continues to refuse support for recent Latin American moves to clamp down on sales of cheap
      426 words
    • 277 12 Reuter COFFEE, COCOA and sugar prices surged in London in the middle of the week, in spite of sterling's strength against the dollar, while tea prices fell back at the London weekly auctions as a result of reduced buying interest. On
      Reuter  -  277 words
    • 149 12 Yarn Japan No 2023 117 00 (In HKS per bale of 400 lb) Shirting 116 50 China carded yarn, cones Hongkong Golden Peok, 60 x 60 115 50 Blue Phoenix 16's 3,550 3 600 Blue Phoenix 20's White cloth Blue Phoenix 32's 4.000 Japan No 10.000 Blue Phoenix 40's
      149 words
    • 313 12 Singapore (S$/kilo, ex-godown) Thai white 100% 1 st class (kangaroo) new crop 1 05 100% 2nd class 0 78 100% 3rd doss 0 76 25% new crop No stock B-10% No stock Thai broken A-super Special Thai rice 55% China rice 10% 15% 25% 35% Thai boiled rice 5%
      313 words
    • 92 12 Reuter JAPAN'S wheat imports rose to 479,902 tonnes in April from 325,429 in March but were down from 513,017 a year earUer, Finance Ministry custom-cleared trade statistics Durum wheat imports rose to 6,510 tonnes from 5,932 hnii but were down from 13,965 a year earlier bringing
      Reuter  -  92 words
    • 94 12 THE Straits tin price in Pennng yesterday rem*l»ed at the ITA floor level of M 529.15 a kilo, reflecting continuing shortage of demand. The priee has been at this level since March C. Dealers attributed the poor demand to the current £2M a tonne premium It holds over
      94 words
    • 75 12 WHEAT futures closed 2'< US cents per bushel lower to cent higher on the Chicago Board of Trade on Tuesday, with prices ending near the low end of an 8 '<2 -cent range. Prices turned downward in the last five minutes of the session after trading higher during the
      75 words
    • 76 12 SOYBEAN futures closed 4 to 7 J/4 US cents per bushel lower in moderately active trading on the Chicago Board of Trade on Tuesday. Prices ended near the middle of a 17cent range. Soyoil closed 0.92 cent per bushel lower to 0.25 cent higher, and meal ended US$2.OO per
      76 words
    • 213 12 MALAYSIAN crude palm oil prices closed easier yesterday on profit-taking and short-selling sparked by a lower Chicago soybean complex close. A lack of buyers in the absence of foreign demand added to the weakness. In the May position, central region eased Ms7o to $1,640 a tonne and south
      213 words
    • 156 12 Chines* Produce Robusta 20/25% Exchange FOB NSW 487 50 (Seller*' noon closing prices S$/ Nutmeg 100 kg) 110 FOB NSW 355 00 Coconut oil B 4 W FOB NSW 256 00 Bulk FOB 240 00 Gambier CNd drum FOB 253 00 FOB NSW 300 00 New drum FOB
      156 words
    • 1008 12 COFFEE Robusta futures were £50 to £18 higher at midday yesterday and below new contract highs reached earlier on positions from September onwards. July finished at £2,526, £19 below the morning s high, but £26 up from Tuesday. The market rallied on mixed trade and commission house buying
      1,008 words
    • 355 12 SINGAPORE: The mar ket closed slightly higher yesterday with June One RSS buyers quoted at 197.50 cents a kilo, up 1.50 cents from Tuesday. The morning session was marked up 2.50 cents on light buying interest following firmer London advices. Levels eased marginally in early afternoon trading on light
      355 words
    • 332 12 R AS prices (in s cents/kilo, FOB NOON Buyers Sellers Int RSS prcmpt 198 00 199 OON Int 1 RSS June 199 00 199 50 t* kj,y 203 00 203 50 2 RSS 198 00 199 OON 197 00 198 OON W«3RSS 194 00 195 OON UK/Cont
      332 words
    • 108 12 (•n M cants/1 ton pollers) June Julv (current mth) (forward mth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 196 50 198 50N 198 50 200 SON SSR 50 194 50 196 50N 196 50 198 50N MRELB Buyers Sellers Buyers Sellers SMRCV 253 50 255
      108 words
    • 99 12 Reuter WESTERN world production of primary aluminium in April reached its highest since June 1982 at 34,200 tonnes a day, although output for the month as a whole, 1,026,000 tonnes, was 2.3 per cent less than in March (1,051,000), the International Primary
      Reuter  -  99 words
    • 261 12 THE Indian government is concerned over a likely sharp fall in the country's white sugar production in the year ending Sep 30. Civil Supplies Minister Bhagwat Jha Azad said production is likely to fall to around 7.5 million tonnes in 1983 84, down
      261 words
  • Page 12 Advertisements
    • 80 12 The only Car Rental Company in Singapore that offers chauffeur driven Cadillacs I 9 I A r H Hourly rental at SsBo. Minimum rental is three hours. Daily rental at Sss6o. for the first eight hours. A surcharge of Ss2o per hour is levied from 2400 to 0800 hrs. (Prices
      80 words
    • 72 12 TO ARMS TONIGHT! Fight the crush of peak hour traffic. Beat a retreat to the Stamford Arms tonight after work. Arrange to meet your friends and colleagues and spend a 'Happy Hour' or two in a relaxing English-style atmosphere.' Strengthen your reserves with a cold pint of beer and our
      72 words

  • SHARE INFORMATION
    • 4211 13 IN SPITE OF a weaker opening yesterday, share prices on the Singapore stock market managed to recoup some lost ground to close on a slightly easier note. Its ability to trim earlier losses was thought to be a technical reaction typical of an oversold
      4,211 words
    • 237 13 SINGAPORE Rites Indices T 3500 0 Kmm 1250 Kwfrcky S*or« 470 "W Kowot 505 1 G»*wiU H SOc 334 j* 1350 490 Seehow 454 C Properties 436 Falls Kmc*oi 50* 1640 +1900 +so rrc.^i.it. 18 BTMcetw 15 8T 04/0S ♦12 $TU*etn* 10 ST fmmc 10 5T Mo»«fc
      237 words
    • 486 13 SHARES once again turned easier at the Kuala Lumpur stock market yesterday as interest was generally subdued in most sectors. From the start, prices hovered around overnight levels and as trading progressed, the underlying tone became softer. However, scattered interest was noticeable in a selection
      486 words
    • 3187 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 SetUement Contracts are quoted after the word "SETT".
      3,187 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 516 14 UNITED Overseas Insurance Ltd has given three key reasons for the lack of premium growth in 1983. The first reason, according to chairman Wee Cho Yaw, was the unhealthy competition within the industry which continued unabated and with increasing instances of unprofessional
      516 words
    • 300 14 DATUK Keramat Holdings Bhd, which showed a marginal increase in earnings last year, is hopeful that current year's profits would be maintained. As chairman Tan Sri Datuk Hamzah Sendut put it, the group can "expect little change" in throughput in the coming year. "Neither
      300 words
    • 228 14 Managers' prices MARA Bumiputra for May 24 First B'putro 6 14 6 19 Second B'putro Third B'putro Fourth B'putra 5 47 5 52 Singapore Unit Trust 472 477 5 50 5 55 The Commerce 3 20 3 40* Fifth B'putra 3 66 3 71 The Savings Fund 1.96
      228 words
    • 97 14 UPI A HONGKONG financier has made a US$3.4 million tender offer to buy all the shares at $12 each of the Bank of Trade of San Francisco, a retail bank with a Chinatown office. James T Riady, a 30-year-old Hongkong resident "with substantial international
      UPI  -  97 words
    • 100 14 HONGKONG Australian Industrials Hang Seng Index Wednesday 956 3 Tuesday 967 4 Wednesday 912.15 Week ago 991.2 Tuesday 923.77 Week ago 949.32 NEW YORK Dow Jones TOKYO Tuesday 1116.62 Monday 1125.31 Tokyo Dow Jones Week ago 1150.86 Wednesday ***** 46 Tuesday *****.94 Week ago *****.85 Standard and Poors
      100 words
    • 2484 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 tn brackets In lots of 1.000 units unless otherwise specified. INDUSTRIALS Akom (2 226 2 23S> (II) 2 26 (I)
      2,484 words
    • 1289 14 Current Ex Books Dote Total for Totol for poyTter,f date close payable the year previous year A B N 13% May 3 f.YA NYA 26% 26% Acmo 7* %(b) June 20 June 27 July 17 7* 7*% Alcom 1*TE% May 9 May 22 June 21 5% 5% Apollo
      1,289 words
    • 112 14 THE Great Eastern Life Asssraaee Company limited: 76th AGM on May 24 at 11.30pm at 65 Chulia Street, #19-00, OCBC Centre (0104). NATIONAL Irsa and Steel Mills limited: 24th AGM on May 24 at 2.30pm in board Room, 63 Market Street, #06-01, Tat Lee Building (0104). BRmSH-Amerdaa T*
      112 words
    • 584 15  -  By NAJEEB JARHOM THE WORLD'S largest tin company, Malaysia Mining Corp Bhd (MMC), has shown an unexpectedly strong 29.8 per cent growth in group pre-tax profits to M 569.66 million in the year ending Jan 31, 1984, in
      584 words
    • 129 15 MULTI-PURPOSE Holdings Bhd has said that profitability of the group for the year ending this Dec 31, will be higher than next year, following its proposed one-for-three bonus and rights issues. The directors also state that they intend to declare an interim dividend of
      129 words
    • 352 15 MALAYA Tin Printing Co Ltd, which has a new controlling shareholder, incurred a substantial 38.5 per cent fall in group pre-tax profits to $1.21 million in the year ended Feb 29, 1984 against $1.97 million the year before. The company blamed the recession and
      352 words
    • 734 15  -  By CHAN OI CHEE FOR THE second time this year, the Stock Exchange of Singapore has rejected a listed company's proposed rights issue. In addition, the move has thwarted plans for an ambitious $82 million acquisition. International Wood Products Ltd's (Interwood) originally proposed one-for-one
      734 words
    • 437 15 A HEALTHY increase in investment and other income has helped Chemical Industries (FE) Ltd to report marginal growth in its pre-tax earnings for the year ended March 31, 1984. Group pre-tax profits for the period under review showed a 3 per
      437 words
    • 748 15 THE STOCK market closed lower yesterday, extending Tuesday's sharp fall. The FT-SE 100-share index at 3.30pm was off 10.5 points at 1,074.1 and the FT-30 share index at 3pm was 12.2 down to 844.1. Government bonds staged a technical reaction gaining up to Vfe point in thin trading.
      748 words
    • 363 15 VENEER Products Ltd has requested a suspension in trading of its shares pending an announcement. INTERNATIONAL Wood Products has asked the Stock Exchange of Singapore to lift the suspension in the trading of its 8.4 million shares with immediate effect. TRADING in the shares of Malaysia Mining Corporation
      363 words
  • Page 14 Advertisements
    • 292 14 CHICAGO US MERCANTILE WEXCHANGE Singapore International Monetary Exchange present ADVANCED FINANCIAL FUTURES on 15 June 1984 at Hotel Meridien Singapore Financial futures have arrived in Asia The Singapore International Monetary Exchange (SIMEX) will start futures trading in Asia and be linked to the successful International Monetary Market (IMM) in a
      292 words

  • Page 15 Advertisements
    • 36 15 Quality eyewear for the man on the go indoors and outdoors. Amilablr at all trading Opticians. Sole /iffrnt:. Neuvista Agency Pie Lid. -LINGUAPHONEINSTITUTE OF LONDON SCharmant fashioned to last. THE LANGUAGE MASTER STP DISTRIBUTORS' TEL: *****55
      36 words
    • 133 15 How you can benefit from Bayerische Landesbank's presence in Singapore f Bayerische Landesbank is headquartered in Bavaria, a leading federal state of West Germany with a long tradition in cross-border trade and finance, w Over the years we have constantly upgraded and refined our international banking capabilities, building a reputation
      133 words

  • 498 16  -  Short-term concessionary financing rate raised By SOH TIANG KENG Banking Correspondent SINGAPORE manufacturers and multinationals based here will now have to pay more to export their goods to overseas markets. The Monetary Authority of Singapore recently raised its short-term CQncessionary financing rate to
    498 words
  • 93 16 THE UNITED States yesterday sought to dispel fears that closer links with China would affect Washington's ties with non-communist South-east Asia. Jeane Kirkpatrick, US Ambassador to the United Nations, said that although there was some concern about stronger ties with Beijing, Washington
    93 words
  • 67 16 THE POLICE task force will be buying weapons which fire rubber bullets to augment the use of tear gas and batons during riots and demonstrations. A training officer of the Queensway task force told a United Nations security officer that this would upgrade its antiriot
    67 words
  • 583 16 TELECOMS will provide a new service for its telephone subscribers from June 1. Designated Telebox for Telecommunication Mailbox this electronic mailing service is now on display at CommunicAsia 84. It requires a $500,000 investment in software to run. But additional hardware cost is negligible, and
    583 words
  • 360 16  -  By CHUANG PECK MING A CREDIBLE opposition party must be ready to work towards forming the next government. Unless it is prepared to do so, PAP candidate Arthur Beng Kian Lam, 35, will not take the party seriously as an opposition. And to
    360 words
  • 172 16 NST THE TAN Koon Swan faction has agreed in principle to a proposal that a referendum be held among Malaysian Chinese Association members to resolve the party crisis. The proposal was made by about 1,000 professionals, industrialists and businessmen in Johore Bahru and it
    NST  -  172 words
  • LATE FILE
    • 42 16 Reuter PRESIDENT Reagan yesterday virtually ruled out unilateral US action to keep Gulf shipping lanes open and said Arab allies have not requested American help in the face of increaasd Gulf War air attacks on tankers. Reuter
      Reuter  -  42 words
    • 47 16 AP IRQ AI president Saddam Hussein yesterday said that his country would "intensify" the sea blockade imposed on Iran's Kharg Island oil terminal, and said Arab Gulf states "do not need American help" to protect their oil tankers against Iranian attacks. AP
      AP  -  47 words
    • 42 16 Reuter BOMBAY'S stock exchange and major commodity markets have been disrupted by seven days of Hindu-Muslim clashes. Most commodity markets have reported a heavy fall in business amid the violence, which has killed at least 140 people. Reuter
      Reuter  -  42 words
    • 37 16 Reuter HONGKONG manufacturers expect a strong upturn in their business during the current quarter. This is the first time since the third quarter 1982 that construction companies are expecting better business. Reuter
      Reuter  -  37 words
    • 38 16 Renter SRI LANKA, which severed diplomatic relations with Israel 14 years ago, has agreed to allow Israel a limited presence in Colombo so that it can use Israeli experts to train anti-guerilla military units. Reuter
      Renter  -  38 words
    • 37 16 Reuter JAPAN CHINA Oil Development Corp said yesterday that its 11th test well in China's South Pohai Sea has failed to find an oil or gas flow large enough for commercial production. Reu-
      Reuter  -  37 words
    • 48 16 UPI AN ECONOMICS lecturer yesterday became the first Indian woman to climb Mount Everest and the fifth female to scale the world's highest peak. Bachendri Pal, 28, reached the summit, accompanied by two male climbers of a 20-member Indian expe 7 dition. UPI
      UPI  -  48 words
  • Page 16 Advertisements
    • 117 16 r [NGAPORE iscover /Australia with Gkiil Travel Tn, [CMRNSI TOVNSVIUEj SRIS6AWE /cAN»tRRA Q Continent full of surprises, fun and I I adventure. In Australia, there is always so much to do and see. Global can help you do 1 just that. For as little as $1088, you can have a
      117 words
    • 259 16 Enjoy the convenk MA 3-storey Terrace V I MM Loading/Unloadi B Individual Bin Cei Enjoy the convenience of having your entire business in one self-contained 3-storey Terrace Warehouse cum Office. Each unit consists of:- Loading/Unloading Lorry Bay Carparfc Facilities 3 tonne hoist Individual Bin Centre Private Washroom on every floor
      259 words
  • Page 16 Miscellaneous
    • 54 16 Outlook for today: Occasional showers in several areas of the city. Report for 24 hours prior to 7 30pm on May 23 at the airport: Maximum temperature 31.1 Associated humidity 72 Minimum temperature 25.4 Associated humidity 96 Hours of sunshine 5.55 Rainfall in millimetres 0.7 Rainfall this month 121.2 Roiny
      54 words

  • SHIPPING TIMES
    • 321 17 THE INDONESIAN government has designated four areas in Indonesia where Soviet Union merchant ships are allowed to enter to take on cargo, the Indonesian Chamber of Commerce and Industry (Kadin) announced on Tuesday. This is to promote the export of
      321 words
    • 544 17  -  By VONG NYAM MING A MALAYSIAN air and sea cargo service company has plans to set up a supply boat repair yard in Pasir Gudang, Johore. Anpac Novo, an offspring of the Novo Group, is banking its future on a rich
      544 words
    • PORTSIDES
      • 116 17 Reuter STATE-OWNED Japan National Oil Corporation (JNOC) said it plans to cut the number of oil tankers used for holding crude oil stocks following the scheduled completion of onshore storage facilities for 2.5 million kilolitres in September and October 1984. JNOC holds about 15 million
        Reuter  -  116 words
      • 98 17 THE DEPARTMENT of Shipbuilding and Repair Technology of Ngee Ann Polytechnic is organising a 69-hour course on an "Introduction to Ship Structure Analysis". The course, which will start on July 10, will be held every Tuesday and Friday from 6 pm to 9 pm at the Polytechnic's
        98 words
      • 72 17 Reuter IDEMITSU KOSAN Co Ltd said it has ordered a 258,000 deadweight ton oil tanker from Ishikawajima-Harima Heavy Industries Ltd, for delivery by October 1985. This is Idemitsu's first VLCC (very large crude carrier) order in four years during which tanker business has slumped. It is designed
        Reuter  -  72 words
    • 694 17 Shipping Lin* Pag* Col A hex Transport V 1 Afea VI 3 Ahrenkiel Liner vn 5 Alpac VI 5 Antara Shpg IV 1 A PC Line V 4 APL ra 4 5 ASCI. ra 1 Asiabroker V 5 Austasia Line V 1 Bait-Orient vn 4 5 Bangkok
      694 words
    • 529 18 International Transport Journal LAST OCTOBER, Japan Line sold the Japan Ace (16.796 dwt, 819 TEUs), built in 1968 by Ishikawajima Harima Heavy Industries, to a shipbreaker for less than a million dollars. The decision to scrap the Japan Ace rather than sell it to
      International Transport Journal  -  529 words
    • 202 18 A NEWLY-DEVELOPED instrument for measuring the content in oil and chemical tanks is now being produced in Norway. It was developed by the Trondheim company Autronica A S in collaboration with the electronics laboratory at the Norwegian Institute of Tecnology. Autronica is handling the production
      202 words
    • 209 18 UPI KENYAN solicitor general Teddy Aswani arrived in Athens on Tuesday to assist the investigation of the captain and 10 crew members of a Greek freighter accused of throwing 11 Kenyan stowaways to the sharks in the Indian Ocean. "The only case we have of stowaways
      UPI  -  209 words
    • 1398 18 FAIRLY quiet conditions was reported in the grain sector of the market on Tuesday though demand for tonnage to carry coal cargoes particularly from Australia remained strong, brokers said. Grain fixing was enlivened by the reported booking of Brostrom tonnage to cover four 52,000 long ton cargoes of
      1,398 words
    • 209 18 THE BTH International Symposium on the Transport and Handling of Dangerous Goods by Sea and Associated Modes will be held at the Palacio de las Convenciones, Havana, Cuba from Sept 24-27 this year. The symposium will provide a forum at which all those
      209 words
    • 584 18 May «-24 Global civil satellite navigation systems. The 1984 conference of the The Royal Institute of Navigation. Cunard International Hotel, Hammersmith Hotel, May 22-25 Law of collisions: pollution, towage and salvage, Lloyd's of London Press seminar in conjunction with the Maritime Law Institute of the University of Southampton,
      584 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
    • 492 19 ONE OF THE most aggressive outsider operators in the United States west coast trade has decided to gamble its future on a new triangular service to the Far East. Increased competition on the crowded route between Australia and New Zealand and the west
      492 words
    • 80 19 COMMISSIONER James V Day Sr of the United States Federal Maritime Commission (FMC) will retire at the end of his present term which expires on June 90. Mr Day was appointed by President John F Kennedy in 1962 to serve in the FMC and has since
      80 words
    • 242 19 SUSPENDED carrier Maritime Company of the Philippines (MCP) is seeking an US$B million guarantee from the Philippine government to tide it over its present financial crisis. The guarantee was the condition set by its foreign creditors for the possible restructuring of its loans, amounting to $15
      242 words
    • 259 19 Opecna FIVE OIL marketing firms in Nigeria African Petroleum, Unipetrol, National Oil and Chemical Marketing Company, Texaco and Total have been licensed to undertake bunkering. A statement from the Office of the Minister of Petroleum and Energy, described the companies as experienced, competent and
      Opecna  -  259 words
    • 136 19 TMR/ITN FOR THE first time, two Italian shipping companies will operate a joint service between Italy and the United States. The Italian shipping lines, d'Amico and Italia di Navigazione, said the Federal Maritime Commission had given its final aproval to the unified management by
      TMR/ITN  -  136 words
    • 7663 24 QOGaBtDQULB 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
      7,663 words
    • 1162 25 ALGIERS Algiers April 30th. About 4 to 5 days delays. Annaba April 29th. 6 vessels waiting. Bejaia April 29th. 3 vessels waiting. Mostaganem April 29th. 5 vessels waiting for berths. ARGENTINA Bahia Blanca April 23rd. 7 days delays. 6 grain vessels waiting and another 6 due. Buenos Aires
      1,162 words
    • 459 25 AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES Aegis Ionic Bunga Orkid Kao Cheng Santa Monica Soon Churn Straits Star Daigen Maru Equator IV Iramuar Kim Soon Li Kota Ria Mendoza Berth 35/6 3/4 33/4 47 19 21 25/6 22 45A 20E 10/11 35/6 Agent BOR Leo Shpg Koko
      459 words
    • 662 26 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS i AND LCL CARGO Ship Tack Arabia Monte Ruby As Plutus Shokawa M Hermes Ace Kawana KV Trush P Fillmore Al Khames 1 K Kozlovskiy SS Bridge Niaga 42 Takari II Maersk Mango Thana Bhum Anro Aust E Grade E Guide
      662 words
    • 1694 26 The leading shipping lines operating from local ports and their agents. A-B AFT.A African Shipping Agenr«»s (Si «r»-Kirvl» I Jar Transgroup St Ahreaklel llorr Service Kim Shpg (S) f Oceanus Shipping Agency (Si Manntex Enterprise (PK) Inrasea (Si Bintang Shpg <Kl.i Island Cargo Handling and Forwarding »PN) Anerlcaa PreaMeat Liaea
      1,694 words
  • Page 17 Advertisements
    • 326 17 HEUNG-A SHIPPING Korea Flag Vsls Regular Liner Semi-Container Service To: P. Kelang/Penang/Bangkok/Keelung/ Busan/Inchon Fm: Busan/Moii/H. Kong S pore Agent: Neptune Agencies Pte Ltd Tel: *****77 P.K. *****4, PN *****5 K.L. *****0 JA'H 1 \RL)I\I W 1 \H FULLY CONTAINERISED SERVICE TO EUROPF VIA SUEZ ICI 2/6 1400 HRS S SEAS
      326 words
    • 365 17 aSEALORDH 1 UASC UNITED ARAB SHIPPING CO'SAG) L NATIONAL LINE OF BAHRAIN, IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES 3— EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE FROM JAPAN TAIW AN HOM.kOM. Al MRQAB V 5* Al MMITAH V.7* Al WAJBA KMAl MANAKH V.l* ALSO CAUH6: •NA6OYA HAKATA sront
      365 words
    • 26 17 LONDON Freights It/11l CONSORTIA 111 SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX PORT Conditions— X SHIPS In Port X REGIONAL Weather X
      26 words
    • 498 17 REACH YOUR AUDIENCE EFFECTIVELY ■TIMES® Business Din'dory of Sin&qxxr MAERSK LINE EXPORT FASTEST SERVICE TO USA EUROPE TO U S PACIFIC. GULF. ATLANTIC. EAST CANADA. INLAND POINTS LOUS MAERSK' LEDA MAERSK LICA MAERSK LAUST MAERSK LAURA MAERSK SMGAPORF CLOSING TMES *CY 28th May 1100 MRS CFS 27tti May 2300 MRS
      498 words

  • Page 18 Advertisements
    • 298 18 mil FAR EAST/EUROPE CONTAINER SERVICE From Eurooe Aho Acceptxig Far 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. I Havre. Basle. UK. 3) Bremen. Bremerhaven. Aarhus. Copenhagen Helsinki 4) Malmo Stockholm Oslo •Accepting Europe cargo tor feeder na S pore 'Also direct cargo for Spore i Bangkok Pts contact PERMISC P Kelang
      298 words
    • 354 18 g Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Motto VSL LA LB OAK ASIA M 21/6 24/6 I. ALLIANCE 1/7 4/7 AIMtCA M |/7 11/7 DM BROS 13/7 IS/7 Pacific North West Feeder at Kobe Atlantic/Canada Feeder at Kobe Also accepting LCL Cargo for
      354 words

  • Page 19 Advertisements
    • 946 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAWERSHP SERVICE TO/FROM BANGKOK STORE PEGASUS nt« V327N PEGASUS PRDE V32IN 29 30 May SINGAPORE TO SARAWAK AM) BRUNEI SILVER LIGHT *10 K Belait SILVER STAR VI? K BeU<t RAIAH BROOKE VII Muara STRAUS VENTURE VO9
      946 words
    • 89 19 EM u EAC LINES BUIK/BREAKBULK SERVICE DIRECT MONTHLY SAILINGS US EAST 60AST/GULF PORTS PMHSANG BELANAN SMGATORE PADANG NOWOI* PASCAGOU* KM ORLEANS SUMBANA JUN 4-7 «JN 9 12 JUN 13-14 JUN 17-19 JUL 30 AUG 2 AUG 5-7 AUG l-U SBONGA JU. 5-9 JUL 12 16 U 17-11 JUL 19-21 AUG
      89 words
    • 508 19 Franco Belgian Services ffg hur hast French Service With Helffian bur Eastern l.ines (Member oF Ace Consortium) CHARGEURS HAVRAISE MEDEX LINE FULL COWTWPK» SOURCE TO I HMATA MMU OKI nod Spar« PKeianf Blow Miiki Genoa Trinte 7 tan 25 tan 27 Jun 30 tan 4 Jul U tan 13 tan
      508 words

  • Page 20 Advertisements
    • 602 20 Hapag-Lloyd 10 CONTWCNT/UK Spore PKelangPen leuoesßiltwo Genoj Hbufg Rdam B ha»enAntwerp 27/5 2«/5 30/5 11/6 14/S 22/S 21/6 25/6 30/6 Bremen Eipress >Mv| Eipress Kwama Maru HunboWt Eipress Benavon Connecting in Tokyo Connecting in Kobe "Also accepting corgo tor ATLANTIC GULF PORTS via mmilandbridge. and US MID-WEST by microbridge" FROM
      602 words
    • 449 20 HS.S.L.INE FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 A Member of the Act Comorbum rm FULLY COWTAIWCRISED '0 FROM NORTH «MfRICA FAS! COAST •*u tetdcr mid 0 GOVERNOR IK N CRYSTAL BU IBodtCMan NTC Mnßatt CMa 10 6 25 6 7 7 10 7 1? 7 157 18 7
      449 words
    • 600 20 EVERGREEN LINE FAR EAST/EUROP£ CONTAINER SERVICE ACCEPTWG FCI 4 I a CARGO FOR "I HBG fII ROM IMH E.«G«* Hti 21 not not nm 219f HOt I'f IMI 10 Ot 11 04 3d 04 92/07 04 0 7 04 07 MO7 f*.G,H», UK IS 04 0* 07 01 07 I|/|7
      600 words
    • 515 20 'm tIIKOOKtdON M«« ifiM* MllictKt FULL CONTAINER SERVICE TO U S WEST COAST HEM AIM lcc»»ti«| UII tw Lm A h «u St. frNcim feeder Vessel Mothe- Vessel JALISCO SONORA SARITA MEXICO A CENTRAL AMERICA Mother O vraigf pi. f "A Vessel j/j S#v« Sofa Maiuanflo 29/6 Acapuko 2/7 GENERAL
      515 words
    • 293 20 HXSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Smcapore lo»dnf 1/| B Abt Loadng tor B Abbas 8 Khomen SMCATOM SKWSt MARITIMt PT( tTO HI ??o;iu 7 ??013/0 PORT MIMIG MAIOSE MARiTMf SON BHD I*l W?i? 3 MAi ArS4A IRAK 4 TRANSPORT lID t* 6/893
      293 words

  • Page 21 Advertisements
    • 671 21 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL KOTA WANGSA KOTA MURNI KOTA AGUNG KOTA SEJATI KOTA SALAM VOYAGE E-501 E-505 E-507 E-509 E-511 SINGAPORE 28-30/5 29-1/6 15-20/6 1-3/7 5-10/7 LOADING FOR: HOOEIOAH, JEDDAH, PT SUDAN. ADEN, MOMBASA. D'SALAAM MOGADISCIO, HOOEIOAH, ADEN. AOABA HOOEIDAH, JEDDAH, MOGADISCIO, MOMBASA. D'SALAAM HOOEIOAH, JEDDAH, AOABA. PT
      671 words
    • 278 21 MALAYSIA SHIPPING CORPN. SDN. BHD. VESSEL KOTA MDAH KOTA HARAPAN KOTA BAHAGIA KOTA BERLIAN 5/M 5/M 6-10/6 P. KELANG LOADING FOR PT-26/5 KUC/TA/KK/ LBN 21-3/6 KK/SKN/TA 11-16/6 KU/KK/SKN 14-19/6 KK/SKN/TA Agents SINGAPORF Pll P KFLANG SELATAN AGENCY K I SEIATAN AGENCY PFNANG LEAN BEE CO TEL TEL TEL TEL *****33
      278 words
    • 906 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE 10 IUWIH Flint fartlipfns luftpool Bit Binwn Etprni Hunburg ipress Ftanboldt f iprrss B*m»on HongKeng Eiprns Cif&gin Bji Brmidn EUROPE BMAVEN roam 22/4 ?3/c FROM EUROPE Brtawn Fiprns Hjmtoorj Eiprni Kurimi Maru Tak» Eiprns ftauran Wang Eiprtss CirAgm Bit Kisugi Miru europe HAM
      906 words
    • 612 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST FULL-CONTAINER SERVICE GOWA VBHB SPORE MO 23/5 2«/5 YOKOHAMA KOBE 2/6 4/6 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE m AM ACCfPTHG BOTH CONT/UNERS CONVENTIONAL CARGO AN) BULK LIQUD CARGO FOR BOTH BTORTS AND EXTORTS AN) ALSO TO/FROM UK MLAN) TORTS. II HAVRE. OSLO, COPENHAGEN
      612 words
    • 546 21 Page V BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon PAAN V 72 HTOHEYWA V 194 PAGAN V 75 S'pore 24/27 Moy 27/29 May 10/13 June P Kelong Penang PHASHWEGYAWYWA 20/22 June BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG IVYBANK
      546 words

  • Page 22 Advertisements
    • 1438 22 K ECUADOR/PERU/CHILE FEEDER MOTWR VSI lOMOW Ml»a V3l VSI KAWASAKI KISEN KAISHA, LTD. S 1 lun KOBE 26 km GUAYAQUIL 2i U mother vsi A VSI SPORE 1 km KOBE 26 lun M7AMUO II M CENTRAL AMERICA /CARIBBEAN SEA FEEDER VSI WHOM BRBGE V3l WSO ACCEPTING PtfRTO QUET2AI (23 Wl)
      1,438 words
    • 724 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE 105 »»nu. lACOMA MCMB BC *ccephnf FCI, FCI Cwtfirari VS? '7ri n'2T AUSTRALIA EXPRESS CONTAINER SERVICE Acccpto* FCE/ECI CtfrtMwri cc( P« ,n l PKHjni tar Due* NcN I,M 'W Sm km *»'COU G* 31/3? M ?300 hn o. 71 S IS??*** U ,o
      724 words
    • 770 22 SANKD ASIA FROM JAPANESE PORTS ANO HONGKONG 1 SOON CHURN 2 If HAD 3 RAJA TMOfi 4 BFRWKARI 5 REGENT RANGER 6 FUKU7AKI MARU 7 GRFAT MOUNT Sd{apore Gdnl9 24 May 25 27 May 26 27 May 27/28 Mir 29/31 May 2/4 fan 6/1 Hr P KHanj 25/26 May 21/29
      770 words
    • 471 22 t INTRASEA (PTE) LTD. 1 son Road c 27 16 Internationa l Plaza Singapore 0207 Tel *****1 1 no Lines) VOlASlA'lira o IREfIKBULK SERVICE TO EUROPE/UK ALPAC LINE SKSf" 1 Spore P Kelang Loadnj tor: ALPAC ASIA 165W8 27 May Durban/Tamatave lhjM|i SEAWOOD SHIPPING CORPORATION rws Hodeidah A|«Hj hipit MTMS£«
      471 words

  • Page 23 Advertisements
    • 695 23 NOL NEPTUNE ORIENT LINES LTD »\\i FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): (t rn« *CI 0 CHIEF 39* HK CONTAINER 40W SS BRIDGE 46* C PAUL 40* C CONT/UNER 26W C ROZE 39* Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ) SS BRDGE 45E C PAUL
      695 words
    • 544 23 HEUNG-A SHIPP Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO I BANGKOK KEELUNG BUSAN, INCHON Vnu< No k Donjm 403N No I Oonjm 4G4N Gtoru 404N No 9 Doiuffl 40?* PR HN BKK Kff INCHON BUS Ml 1/C 19/ C n/t 4/1 22t Z.~ Z. IJ/4 74/t f/j SEMI-CONTAlnerise^lßE^^ervic^O CHITTAGONG.CHAL NA
      544 words
    • 1152 23 11 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD fojP o OW Telephone Numbers *****3 (15 Lines) 00ress MNSOV S,N 6APO*E Telex Numbers RS ***** RS ***** RS ***** P KEIANG JSaRS? tot fLOOR m G s> ff,G Tel *****6 8 Tele. No ***** S Cables JAYAPOH PfNANG, Tel (REGULAR fOMMG *SS*S
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  • Page 24 Advertisements
    • 727 24 ltc'!|ional Container Linos (fSmSSS 2 Sailings Weekly 1.i.1j Reliable Regular Punctual Berthing PSA 1500 Hrs Tuesday Saturday RfGtt.AH FEEDER SERVICE TO PHUKET/SONGKLA *0T STOK 113/114 10 M VEB DEUTFRACHT/SEEREEDEREI ROSTOCK EXPRESS SEMI-CONTAINER SERVICE tmtf*: P Klang S pore Penang R'dam Awerp H bufg Rosl •ONAUSEN 5/7 km 2/4 lui 1/10
      727 words

  • Page 25 Miscellaneous
    • 161 25 m m 1 K 2V jJr "S s H 1 i a n S R E SS 52 M i v 1 ***** m u 1 V A I < lU SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGENDS R Thunderstorm Temperature °C A\ 7 Shower Weather
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  • Page 26 Advertisements
    • 131 26 French Line Vessd LICX)RNI: gPQAI *gWTS sealion shipping (S) pte ltd. SINGAPORE SALES/BOOK HGS TEL *****81 (g LMES) REGULAR SEMI-CONTAINER SERVICE TO BANGLA-DCSH/INDIA/SRI LANKA/PAKISTAN 1 SPOWt ICWTTAGON* HALDMCALCIfTTA I y.n.»< I I HALDMCAICUTTA 75 /6 10/7 CaOMBO 24/5 23/6 16/7 DIRECT FULL CONTAINER SERVICES TO US PACIFIC COAST FEEDER VESSEL
      131 words
    • 192 26 To Europe (Med/UK/NC/Scan) FEEDER PENANG Anson In Port Anson 31/5 Anson 7/6 Anson 14/6 Anson 21/6 Anson 27/6 FEEDER P. KELANG B Kemuning 25/5 B Butang 1/6 B Kemuning 8/6 B Butang 15 6 B Kemuning 22/6 B Butang 29 6 MOTHER VESSEL SINGAPORE ACCEPTING SAILING To Red Sea/Mediterranean FEEDER
      192 words