The Business Times, 5 June 1984
1984-06-05
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The Business Times
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Title Section11 1984-06-05 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, JUNE 5,1*84 60 CENTS11 words
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Article425 1984-06-05 1 AMY CHEOK - By AMY CHEOK THE PARTNERS of public accounting firm SGV-Goh Tan have sold their interests to international heavyweight Deloitte Haskins Sells for an undisclosed sum. The acquisition of the partnership interests of Mr Goh Kee Song and Mr Steven Tan of the Goh Tan organisation425 words
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734 1984-06-05 1 ALVIN TAY, AMY BALAN - Trend may hinder Republic's economic recovery By ALVIN TAY, AMY BALAN BANK loans in Singapore are being held back by a lack of fresh customers' deposits. This weakening of the banks' lending abilities has worsened an already gloomy market for loans, and734 words
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Article176 1984-06-05 1 BANK of Ceylon closed its representative office last Thursday, but its chief representative said yesterday that it may make a comeback. Mr* G N M Alles, the bank's representative, told BT the mad office was set up in January 1982 to study the feasibility of176 words
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227 1984-06-05 1 MITSUBISHI Electric Corporation has clinched a contract worth more than $100 million to supply the propulsion system for Singapore's MRT trains. The contract, estimated to be about 20 per cent of the $581.5 million rolling stock order, was won against competition from GEC of227 words
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221 1984-06-05 1 Reuter IRAQ will continue to tighten its blockade of Kharg Island until the Iranians opt for peace, the official Iraqi press said. Al-Thawra, newspaper of the ruling Arab Baath Socialist Party, said: "The Iraqis will continue to tightenReuter - 221 words
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Article54 1984-06-05 1 AFP PRESIDENT Ferdinand Marcos has ruled out a return to the Philippines' US-style presidential system before he imposed martial law in September 1972. He told the closing session of the outgoing Parliament yesterday that the May 14 general elections had "renewed the mandate" of hisAFP - 54 words
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110 1984-06-05 1 THE COST of borrowing is expected to go up as three more local banks announced increases in their prime rates. Following the lead of DBS Bank, the three banks will raise the rate at which they lend to their best customers by a110 words
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Article, Illustration64 1984-06-05 1 SHAKE price» m the Stegapere stock market ftsinhnd en a mixed aete yesterday after ft (ftirly streag epeaiag. Friday's rftlly m Wftll Street behwd to Mag hack seme ceafldeaee to the market, bat lack ef fellew-threagh sappert eaaeed prices to ease Ike BT Composite ladex edged ap 1.7564 words
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Article, Illustration349 1984-06-05 1 WANG LOOK KEAH - By WANG LOOK KEAH THE Singapore Tourist Promotion Board is spending $2 million to lure tourists from neighbouring countries to Singapore to join in the festivities lined up for the Republic's 25th anniversary celebrations. The board started advertising heavily in newspapers and magazines in nine349 words
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Article110 1984-06-05 1 AFP CHINA is considering plans to set up a stock exchange and let the public acquire shares La enterprises, the Financial Times of London reported yesterday. The purpose would be to help finance certain priority programmes such as the building of power stations, it said,AFP - 110 words
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Page 1 Advertisements
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Advertisement33 1984-06-05 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Bucks BIER Imported from Germany r SA.VI •V 'fit n w\ 111 K G) Becks Bier £> s s? rfjiin-i t ->5 Another quality product from Sime Darby33 words
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Advertisement256 1984-06-05 1 mm SHARE INFORMATION 13 RAW MATERIALS 12 MONEY A EXCHANGES 7 SINGAPORE will have its first national stand at Enex Asia '84 to be held this October. The pavilion is aimed at giving local manufacturers maximum exposure and publicity. Page 3 BUSINESS executives in Europe, the US and Japan do256 words
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Advertisement55 1984-06-05 1 4 'A better service for shipments up to 100 kilos at no extra cost" "Surething, with K LMsWxklspeed KUM L „L ITWJ-X Contact your KLM cargo agent or KLM Cargo, tel: *****44 for full details about the best B small shipment cargo service on you need to be absolutely sure.55 words
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Advertisement6 1984-06-05 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM6 words
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HOME NEWS
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Article, Illustration531 1984-06-05 2 LEE HAN SHIH - By LEE HAN SHIH THE MAN in the middle of the group, looking at the semi-com-pleted hotel The Oriental in Marina Square complex, has one of the most challenging jobs in the region: to turn around Hongkong Land531 words
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363 1984-06-05 2 TSANG SAU YIN - By TSANG SAU YIN Management Correspondent OVER the past decade, the focus of international business attention has been on the AsiaPacific region because of its record of dynamic growth. It was also forecast with reasonable certainty that the region can expect above average363 words
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162 1984-06-05 2 YOUTH organisations in Singapore will get a chance to participate in a cruise on the Ship for South-east Asian Youth Programmes (SSEAYP). The SSEAYP, launched in 19T9, is sponsored by the Japanese government and aims to boost and strengthen friendship and mutual162 words
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99 1984-06-05 2 TEN AIR cadets and three officers from five countries have joined Singapore's National Air Cadet Corps in their annual training camp at Pasir Laba. The visitors, from Australia, Hongkong, India, Philippines and the US, are here under the International Air Cadet Exchange Programme.99 words
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Article471 1984-06-05 2 Seminars and courses DURATION TITLE VENUE ORGANISER June 6 Promoting Your Own Business June 6 7 Interviewing Skills Training Workshop June 6-8 Interpersonal Managing Skflk/Xerox Learning Systems June 7 8 The Secretary In Management Today June 8-July 13 Current Company Secretarial Proctice Case Study Workshops June 11-12 Computer Applications471 words
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119 1984-06-05 2 REVISED guidelines on import and export procedures drawn up by the Paris-based International Chamber of Commerce will be effective from Oct 1 this year. Mr Bernard Wheble, who revised the- Uniform Custom and Practices (UCP NO 400) on documentary credit, will elaborate on119 words
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Article215 1984-06-05 2 HUGH Craven Jaekm has been appointed a director of Chuan Hup Marine Ltd. Mr Jackson has wide experience in marine and sub-marine operations. He was the marine superintendent of Brown A Root Inc from 1967 to 1966 and was in charge of marine equipment and construction of215 words
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201 1984-06-05 3 ESSO Singapore is spending $25 million on a new process-control computer to replace the existing one at its Pulau Ayer Chawan refinery. Two companies have been contracted to supply the equipment for the system, which will be fully operational next201 words
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Article56 1984-06-05 3 THE SINGAPORE Armed Forces will be conducting exercises at the Bedok Jetty from 2pm tomorrow to spm on Thursday. During this period, the Bedok Jetty area and carpark 'A' will be closed to the public. No pyrotechnics will be used. The public is advised to56 words
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Article, Illustration365 1984-06-05 3 LISA LEE - By LISA LEE ARDMORE POINT, a 20-storey condominium at the junction of Anderson Road and Ardmore Park, has sold a third of its 47 units even before marketing begins in July. However, most of the 16 units were sold to friends and365 words
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146 1984-06-05 3 TELECOMS last Friday started a number-to-number telephone service to the Dominican Republic and extended the IDD (international direct dialling) service to Alaska. Previously, the telephone service available to the Dominican Republic was only on a person-to-person basis. A number-to-number call there now146 words
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101 1984-06-05 3 A SAFETY training course for construction riggers of tower cranes will begin on Friday. Conducted by the Ministry of Labour, the first batch of 16 participants will attend the half-day course at the ministry in Havelock Road. The ministry hopes to train101 words
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412 1984-06-05 3 JOANNE YAP - By JOANNE YAP SINGAPORE will have its first national stand at the fifth International Electrical and Electronic Engineering Exhibition (Enex Asia '84) to be held this October. Organised by the Singapore Manufacturers' Association (SMA) and the Association of Electronic Industries of Singapore412 words
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418 1984-06-05 3 JEFFREY TSANG - By JEFFREY TSANG HEWLETT-PACKARD, known for its scientific computers and calculators, is making increased efforts to capture a share of the computer applications market with products for office automation and commercial systems. "The appetite for applications like accounting and manufacturing is increasing418 words
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149 1984-06-05 3 THE NGEE ANN Polytechnic moves into a new academic year on June 11 with a number of firsts. Mr Chen Hung, the principal of Ngee Ann, told half of the institute's freshmen yesterday that this is the first time the Freshmen Orientation149 words
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Page 2 Advertisements
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Advertisement149 1984-06-05 2 Located at Ang Mo Kio Industrial Park 11, off Ang Mo Kio Avenue 3 and Avenue 5. A Modern 7-Storey warehouse/flatted factory incorporating energy-conservation design cum functional and operational efficiency. Strategic location enables swift access to all parts of the Island via the Pan-Island Expressway (and will be potentially enhanced149 words
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Advertisement48 1984-06-05 2 An Excellent Real Estate Investment Opportunity in BUKIT TIMAH PLAZA M u —i Tcrrm* Prime shopping centre. Immediate return on your capital investment. Secured rental income from reputable anchor tenants, including big names in the retail industry. Contact Mansfield Property Sendees Tel. *****51 /*****8 Telex: SPLTD RS *****48 words
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Page 3 Advertisements
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Advertisement280 1984-06-05 3 To learn how to computerize your small business, Business managers need accurate, timely information to make decisions. If you're running a small business, and are thinking of using computers to help you with timely information, come to an IBM 1 seminar on the new Compact System/36. The seminar is free.280 words
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OVERSEAS
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612 1984-06-05 4 NYT A YEAR AGO it seemed certain that inexpensive home computers would soon be found in half of America's homes, an indispensible tool for families growing more sophisticated in keeping financial records, planning for the future, playing games and preparing their children for lifeNYT - 612 words
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Article177 1984-06-05 4 Reuter EXCHANGE rate uncertainty reduces the volume of international trade in manufactured goods, two Federal Reserve Bank of New York economists said. Assistant director of research Akbar Akhtar and economist Spence Hilton said in the bank's quarterly review that unlike experts from other agencies, they detectedReuter - 177 words
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209 1984-06-05 4 Reuter BRITISH manufacturing output is expected to continue rising in the next four months, the Confederation of British Industry's monthly trends inquiry for May shows. The inquiry surveyed 1,781 firms and found that 21 per cent regarded order books as aboveReuter - 209 words
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137 1984-06-05 4 Reuter PRESIDENT Ferdinand Marcos has ruled out a devaluation of the Philippine peso while money supply is excessive and inflation high. "There is no way of projecting a devaluation figure right now when we cannot control our money supply as well as our inflation rate...Reuter - 137 words
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355 1984-06-05 4 NYT THE AMERICAN economy continued to expand in May, but at a slower pace, the National Association of Purchasing Management said on Sunday. According to the trade group's mpnthly survey of 250 purchasing managers at major industrial companies, employment increased for the 12th consecutive month,NYT - 355 words
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WORLD IN BRIEF
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Article56 1984-06-05 4 A SECOND round of talks on textile quotas between Indonesia and the US has ended in a deadlock, an Indonesian Trade Ministry spokesman said yesterday. He said negotiators from both sides failed over the weekend to agree on quota figures for eight categories of Indonesian textiles for56 words
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Article35 1984-06-05 4 AN increasing number of Vietnamese "boat people" refugees escaping from their country in flimsy wooden crafts are being ignored by passing ships and left to drown, a United Nations official said yesterday.35 words
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Article60 1984-06-05 4 A SUDANESE court, applying the principle of an eye for an eye and a tooth for a tooth, on Sunday ordered a surgeon to remove teeth from the mouths of two men accused of smashing the tooth of a third person. The teeth will be60 words
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Article61 1984-06-05 4 Agencies BONN labour and management agreed on a third attempt to negotiate a settlement to the metalworkers strike that has virtually halted car production in West Germany. An industry spokesman announced on Sunday that management accepted an invitation from the 2.6-million-iEem-be r IG Metall Union to resume talksAgencies - 61 words
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Article, Illustration231 1984-06-05 4 UPI BRITAIN'S press, perhaps more than any other, took a Jaundiced view on Sunday of President Reagan's visit to a tiny Irish village to trace what one London newspaper called "roots that are a bit tenuous". This, (or instance, is British reporter Stephen Pile's descriptionUPI; AP picture - 231 words
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Article213 1984-06-05 4 AP WHEN THE Democrats meet next month to hammer out a platform at their presidential nominating convention, it will mark the political baptism of the country's Asian Pacific community. Asian Pacific Americans say their caucus, one of six factions officially recognised by the Democrats, is already helpingAP - 213 words
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411 1984-06-05 6 NYT BUSINESS executives in Europe, the US and Japan do not see the economic summit meeting that begins in London on Thursday as a policy-making session. Rather, many said in interviews last week that they expect problems that affect them to be discussed, but doNYT - 411 words
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Article93 1984-06-05 6 UPI QUEEN Elizabeth of Great Britain is among the 10 wealthiest people in the world and has been called the richest woman on earth. And the British people pick up her tab. This year, British subjects will pay more than US$4O million for the QueenUPI - 93 words
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136 1984-06-05 6 AFP THE PRESIDENTS of Colombia, Brazil, Mexico and Argentina have sent a combined warning to the Western industrial summit conference about Latin America's foreign debt crisis. Colombian President Belisario Betancur said in Cartegena on Sunday that the four heads of state have alreadyAFP - 136 words
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Article, Illustration156 1984-06-05 6 Reuter ABOUT S,«M IciMteihn aaHl—l aai aatf* AawteM slegaas aarehed thrsagh malaly-Mottm West Beirat m Saaiay at the start sf week I—f pntiirti to imiri Israel*» withdrawal tram Seatk Muddig to the best sf 4ms, erewis sf yeaths, seheei efclMrea sad key eeeato ehaatei "Araks revelt «r*-* Israel"Reuter - 156 words
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233 1984-06-05 6 AFP THE Philippines' export performance from 1965 to 1982 was the worst in East Asia, a prominent Manila research group said in a study published yesterday. The Centre for Research and Communication (CRC) said the country's exports of US$7» million in 1965 exceeded those ofAFP - 233 words
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Article787 1984-06-05 6 ARRIVALS Oparotor Sorvico Locol From numbor timo PAA PAS 0020 JFK/SFO/HKG CAL CJ009 0040 TPE MAS MH68I 0620 KUL MAS MH601 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN RBA BM21 1000 BWN SiA SQl 03 1005 KUL CPA CX710 1035 HLP GIA GA960 MOO787 words
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Page 4 Advertisements
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Advertisement227 1984-06-05 4 Morning, Noon Night Now you can travel Royal Executive Class on any of our 3 daily flights to Bangkok "f'r'fc 60P I *"m m *A »L' j «»JL Our early i [i vou travel Royal Executive Class til find luxury goes a long way. h give you more leg room227 words
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Advertisement54 1984-06-05 4 •:4 Breguet: Precision mastery since 1775 Abraham Louis Breguet (1747-1823) was one of the most phenomenal watchmakers history has ever known. His genius was an overriding influence not only on watch-making techniques but also on the beauty of the finished object Available exclusively at 6. Scons Road. #01-13. U& 15Scorn54 words
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Page 5 Advertisements
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Advertisement299 1984-06-05 5 PHILIPS PHILIPS Now, with the introduction of Telefax", there are 1,101 reasons for investing in a Philips Word Processor. WfTrrfffTff7TfT? IW a u u u u u U tt u u u u f 6 V -T': x'-:;: mm x t Tj 'J With the availability of Telebox, electronic mail299 words
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Page 6 Advertisements
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Advertisement221 1984-06-05 6 The 1984 Canon Breakthrough No. 2 Canon Canon's latest copier starts fast ■saves time every time. f Canon's latest NP 270 dry copter cuts the standard warm-up time of 3 to 5 minutes nght down to a mere 90 seconds' That means, of course, you're saving valuable time and lowering221 words
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Advertisement12 1984-06-05 6 Pan Am First Class. Slvkv. first In Luxury, first In C omtort.12 words
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BANKING AND FINANCE
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Article533 1984-06-05 7 SINGAPORE: The local currency rose against the US dollar yesterday to close at 5J2.0930/40 from 2.1010/20 last Friday and was unchanged against the Malaysian dollar at 5590.96/91.06. The US dollar fell against most major currencies in active late trading on stop loss selling. Dealers said the dollar fell533 words
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Article217 1984-06-05 7 Interbank rates at 3pm Local dollars to quoted yw itordiy Broao parity dung* on* unit of foreign currency: US dollar 2.0935 2 0945 2 8196 -2575 Storing pound 2 9449 ***** 7 3469 -59 92 Australian dollar >8925 1 8955 3 4286 -44 80 NZ dollar 1 3670217 words
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Article, Illustration252 1984-06-05 7 SINGAPORE Futures closed slightly higher yesterday following the decline of the US dollar and continued Middle East tension. The closure of the Hongkong market also dampened sentiment, with only two lots traded for the whole day. Prompt closed slightly higher at U5J394.70/396.20 an ounce compared with New York's $390.00/390.50,252 words
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Article352 1984-06-05 7 Asian market DEPOSIT rates extended earlier losses in quiet late trading yesterday. Rates fell across the board at the outset following lower Eurodollar deposit rates and on concern that the US Federal Reserve may not be able to tighten monetary policy and they fell further on increased lending. Short dates352 words
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Article121 1984-06-05 7 THE OVERNIGHT rate eased by 1-3/16 point on the local interbank money market yesterday to close at 6-1/16 per cent. The one-month term rate eased by 1/16 point, but both the twos and threes rose by 1/16 point each. Discount prices At yesterdoy's close Prices offered by discount121 words
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222 1984-06-05 7 Reuter PROPOSALS to cap the interest rates charged to Third World debtor nations should be avoided, two leading bankers told the Annual Foreign Exchange Dealers Conference in Belgrade. The proposal to limit interest rates by adding the excess to the principal and extending repaymentsReuter - 222 words
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109 1984-06-05 7 Reuter FUTURE risk provisions at international banks should account for longterm debt restructurings which include interest rate relief for heavily indebted nations, West German Reconstruction Loan Corp (KFW) managing board member said. Mr Richard Brantner said in an interview the value of banks'Reuter - 109 words
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381 1984-06-05 7 Reuter THE US GOVERNMENT is not the only borrower in the credit binge that has pulled US interest rates far above the inflation level. Individuals and businesses are also consuming credit at a faster rate than the nation's savings pool is being replenished. InReuter - 381 words
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278 1984-06-05 7 Reuter INTEREST rates in UK are expected to end the year at or below current levels, in spite of money market pressures for a near-term rise in bank base rates. Several brokers in London said yesterday that inflationary pressures remain modest while governmentReuter - 278 words
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Page 7 Advertisements
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Advertisement101 1984-06-05 7 V u *SRS Special Report July December, 1983. Mutshin An addition measuring exactly twenty four percent! In six months! Making Shin Min Daily News an even better buy. 59,000 readers added since our last count. A new daily audience of 310,000*. And a Saturday edition that has grown by an101 words
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FEATURES
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Article564 1984-06-05 8 GIVTNG equal opportunity to all citizens is a prerequisite of any civilised democratic society. Unfortunately it has proved to be less that sufficient to bring about social and economic equality. It is a harsh fact of life that those caught in the poverty trap cannot break564 words
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Article, Illustration1619 1984-06-05 8 JUREK MARTIN - A look at the government's cautious attempt to liberalise the financial market By JUREK MARTIN FT RARELY ARE agreements heralded with the hyperbole accompanying last week's joint JapanUS report on the nature of the Japanese financial system and what should be done to bring it moreFT - 1,619 words
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259 1984-06-05 8 Frank Benjamin - Letter to the Editor Frank Benjamin Maaagisg Director F J Benjamin A Seas I REFER to your report in BT on May 31 ("Falling demand spurs pricing policy change") attributing certain remarks made by me. I would be grateful if you would259 words
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Article, Illustration987 1984-06-05 9 CHRISTOPHER WREN - In the last two decades, Hubei province has sent 11,000 people to work in 39 foreign countries. Their 141 projects have included a power plant in Burma, a textile factory in Nepal, a hospital in Yemen, a water conservation project in Ghana, and model farmsNYT - 987 words
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Article, Illustration666 1984-06-05 9 DANIEL DROSDOFF - By DANIEL DROSDOFF UPI THE BAD BOY of South American politics has been a good boy for the international banking community. Chilean government leaders now want to cash in on the accumulated goodwill with world financiers to make the country'sUPI - 666 words
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446 1984-06-05 9 ROBERT TRUMBULL - By ROBERT TRUMBULL NYT A DRAMATIC lpnrge In guerilla activity dur1n k the parliamentary election fMipiip has —Renewed the growing seriousness «I the communist Insurgency In the Philippines. Since the campaign began officially last March 27, mere than 359 people have been killed InNYT - 446 words
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Page 8 Advertisements
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Advertisement182 1984-06-05 8 ITALIAN PAVILION Leather Fair Hall 3, World Trade Centre, Singapore June 6 to 9, 1984 June 6—B (10am to 6pm) June# (10am to 4pm) In shop windows around the world, Italian shoes find a place in the front row displays with well-earned pride. The appeal of Italian shoes starts from182 words
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Page 8 Miscellaneous
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Miscellaneous647 1984-06-05 8 wsKwia-QGaa fsmsmma r CRYPTIC PUZZLE ACtOSS 3 Stick broken pates together? (5) 8 Toot for weaving a rug out East (5) 10 Afloat the* stern is omtdships! (5) 11 He hod his thoughts on mother love (3) 12 Runner who gets the distance right (5) 13 Chap formerly at No.647 words
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Page 9 Advertisements
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Advertisement291 1984-06-05 9 To get ahead in business, start by keeping up—the way HHTjH Lawrence Hvfl C.Y. Chan does. The Asian Wall Street Journal helps me enormously. It's all there...the business news, changes, data. 1 couldn't function without it. 5 To get ahead in business, you need to know what's going on in291 words
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Page 9 Miscellaneous
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Miscellaneous1085 1984-06-05 9 w sm mm>) Novo: Television explosion 8.03 pm, Channel 12 A documentary which looks at the past, present and future of American television and the potential of cable television. Nova also examines the relationship between violence on the tube and violence in society; the array of new techniques and their1,085 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration811 1984-06-05 10 NYT FOR MILLIONS of newspaper readers, the name Reuters has been appearing for more than a century on news stories from every corner of the globe. But to investors, Reuters's highly regarded internat4 million shares of Reuters stock that were sold in London and New YorkNYT - 811 words
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334 1984-06-05 10 NYT WALT DISNEY Prednctiens has wh US federal eeart approval U proceed with tta after to acquire the ArvMa Carp, with UBS2M milIlea la newly lamed stock. The dedslca by Jadge Terry Hatter late but week rejected a reqaest by SaalNYT - 334 words
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518 1984-06-05 10 Reuter REVLON Inc's ability to remain an independent company has been thrown into doubt by the revelation of a takeover bid received by the firm's management, security analysts said. Wall Street followers of the cosmetics company doubt whether Revlon, long consideredReuter - 518 words
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239 1984-06-05 10 Reuter THE BRITISH Trade and Industry Department has said that Lonrho PLC's plan to propose 12 of its candidates for election to the board of House of Fraser PLC has been referred to the Monopolies Commission. The commission has beenReuter - 239 words
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Page 10 Advertisements
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Advertisement474 1984-06-05 10 m W s» 5i #f=p w i*. n!mrnt MEMBERSHIP FEE Single $15.00 per month Couple $25.00 per month Family $30.00 per month Group/Company Negotiable ENTITLEMENTS: Exclusive use of the Swimming Pool on 3rd Floor of the Hotel from 8:00 a.m. to 9:00 p.m. 10% Discount on all meals in Cafe474 words
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ASIAN STOCKS
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Article342 1984-06-05 11 TOKYO: Prices closed sharply higher yesterday, as a continuation of a strong week-end rally with small and medium-sized issues leading the way. The market average, which rose 139.80 on Saturday, added another 78.69 to close at 10,131.66. But turnover was a light 250 million shares, against 220 million traded342 words
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Article70 1984-06-05 11 Junt 4 Bonk S«oul Won 672 12 Hyundai Motor KAL 565 450 710 10 +4 670 10 Korea Oil 840 707 -2 417 +7 Do#*m Ind 610 •4 740 5 Daewoo Corp Do«woo Ind 388 548 700 +2 unch 1 Samsung Co Samsung tUc 620 1010 4 35 5470 words
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Article510 1984-06-05 11 SYDNEY: Sharemarkets in Australia closed firm on enthusiastic buying yesterday after advancing strongly all day because of encouraging signals from overseas, including the strong trend on Wall Street on Friday. The All-ordinaries index was 16.2 points higher at 681.5 points, the Allindustrials marker was up 12.2 at 926.9 and510 words
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Article149 1984-06-05 11 MANILA: Share prices yesterday closed mixed in dull trading due to the continuing tight money situation and in spite of a rise in overseas copper prices. The commercial and industrial index was steady at 134.32 and the oil index was unchanged at 0.723 while the mining index rose 0.90149 words
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Article15 1984-06-05 11 MARKET HOLIDAY: The H*agkeng and Taipei markets were closed yesterday for the Dragon Boat Festival.15 words
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Article127 1984-06-05 11 BANGKOK: Prices closed mixed in quiet trading yesterday. The book club index fell 0.28 point to 117.22 on turnover of 25.2 million baht with 138,745 shares traded. JUNI 04 Uiti S<om City Cement 390 2 64 50 Amo Fibre Siom Tyre Ayuthoyo tnv South A ski F4>re And Trust127 words
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Corporate round-up
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Article101 1984-06-05 11 THE INDIAN government will announce purchases of jet commercial aircraft, worth at least US$2 billion, by the end of this month or early July. The planes for the country's international carrier Air-India and the domestic carrier Indian Airlines are expected to be delivered in the101 words
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Article103 1984-06-05 11 GROSS income from overseas operations at Japan's 13 city banks totalled 560 billion yen in 1983/84 ended March 31 from 531 billion a year earlier, annual results show. Bank of Tokyo, the only Japanese bank specialising in foreign exchange business, registered by far the largest103 words
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Article70 1984-06-05 11 TOSHIBA Ceramics Co Ltd is to make a private 60 million Swiss franc fiveyear convertible bond issue with Union Bank of Switzerland as lead manager. A company spokesman said coupon and initial conversion price for the par-priced bond, maturing Sep 30, 1969, will be set70 words
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Article109 1984-06-05 11 TOKYO Sanyo Electric Co Ltd, an affiliate of Sanyo Electric Co Ltd, will privately place a 200 million Swiss franc convertible bond with Swiss Bank Corp as lead manager. Coupon and initial conversion price for the parpriced bond, maturing on Nov 30, 1989, will be set on109 words
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309 1984-06-05 11 COMMERCIAL crime in Hongkong's private sector is causing grave concern to the Independent Commission Against Corruption (ICAC) and the Hongkong Management Association (HKMA). This growing concern has prompted the Commissioner for Securities and Commodities, Mr Robert Fell to push for ln-house codes of309 words
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Article109 1984-06-05 11 Reuter FIVE of the nine members of the board of Rama Tower Co Ltd, including chairman Sasavindhuvisal Chandra that, have resigned. The Thai company, which has recorded three consecutive years of losses, said it will hold a special meeting of shareholders later this month to form aReuter - 109 words
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Page 11 Advertisements
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Advertisement139 1984-06-05 11 re to viae, tfine cdicrMu From to 'pops' lON BAR brings you oA. Light up your evenings with sxm 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 inw139 words
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Advertisement142 1984-06-05 11 IT Just the right touch of riiagic to turn your night into Gold. Music hy Bacchus huematumat of l,<>ndon ll r rr i >/)( 7! s IHUK "p Ml I :w ,i,!T >1-1- 1< p t v:i < i.iiq.' t v>» I S A I .mil.. a I'ubi;< ilo;,i,iv N142 words
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Advertisement105 1984-06-05 11 Peninsula f&i Coffee House Level 5. Peninsula Hotel Jjjjk 24 hour Coffee 12? House where much more than just coffee is Ik. served. I Hospitality. I Atmosphere. Scenic view. I'Menufuf of I local and I continental I favourites. Daily Set Lunch (Local* Western) Each day, a local favourite is selected,105 words
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Advertisement135 1984-06-05 11 WE COULDNT IMPROVE OUR SUNSETS, SO WE'VE DONE THE NEXT BEST THING. WE'VE DOUBLED THE PLEASURE OF THE VIEW. THE TRADEWINDS' SUNDOWNER HOUR. MONDAYS THRU SATURDAYS, FROM 5.30 PM 7.00 PM WHEN DRINKS COST ONLY HALF THE BAR X mJ. LI. ©J VI The Mandarin Singapore Singapore Airlines present HANAE135 words
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Advertisement197 1984-06-05 11 SQUASH A step by step course on modem playing techniques. v V V mm \< SAV Just $7. designed for^ players who find enjoyment and physical fitness in Squash. It encompasses a full course of instruction, training and nutrition right up to the championship arena. All coaches and players whether197 words
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RAW MATERIALS
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643 1984-06-05 12 Reuter INDIAN FARMERS are looking at stacks of freshly harvested wheat and reckoning on good days ahead after a bumper harvest following earlier drought and disillusionment. Flat trailers hitched to tractors and bullock-driven carts, weighed down by bulging grain sacks, are jostling along villageReuter - 643 words
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219 1984-06-05 12 Reuter INDIA IS TO export 375,000 tonnes of alumina a year from 1987 from the US$2 billion project in the eastern state of Orissa currently under construction. Work on the project is ahead of schedule and will be completed in phasesReuter - 219 words
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758 1984-06-05 12 NYT WITH SUPPLIES of most of the important agricultural and industrial commodities abundant for the past decade, why has the US Commodity Research Bureau's index of futures prices been rising in recent weeks? And why does it now appear poised for an equally sharpNYT - 758 words
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Article87 1984-06-05 12 THE Straits tin price in Penang yesterday remained at the ITA deer level ef MS2S.IS a Idle, with the buffer stock manager again providing meat ef the snppart. Dealers said laeal Interests continued to absarb small amannts while fareign demand was still absent, as sentiment was depressed by87 words
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Article229 1984-06-05 12 MALAYSIAN crude palm oil prices yesterday weakened on short-selling and buyers' reserve, as sentiment was depressed by a sharply lower Chicago soybean complex close last week. Interest again centred on June, with the south region (ailing Ms7o to 11,550 a tonne, north $60 to $1,535 and central $57.50229 words
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Article871 1984-06-05 12 COFFEE Robusta futures were £13 below in near July while other months were £5 to £22 above Friday's close in fairly quiet morning trading yesterday. Trading was hesitant and lacking a clear trend after the recent fluctuations while dealers await developments from the International Coffee Organisation executive board871 words
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Article150 1984-06-05 12 Chin©»# Produce Exchange (SeMen' noon ciowng pncti S$/ 100 kg) Coconut oil Bufc FOB 240 00 OW drum FOB 253 00 New drum FOB 257 00 Copra Mixed (loose) 125 00 buyers Pepper Muntok white FOB NLW 642 50 Sarawak white FOB faq NLW 635 00 Sarawak special150 words
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Article311 1984-06-05 12 RAS prices («scmm/u*,fobin bales) NOON CLOSE Int 1 RSS prompt 187 25 188.25N 186 75 187 75N Int 1 RSS Ajn« 188 00 188 50 187 50 188 00 Int 1 RSS Juty 193.50 194 00 193.00 ***** Int 2 RSS 187 00 188.00N 186 75 187311 words
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170 1984-06-05 12 AP AN ACUTE labor shortage last year resulted in losses of MJ31.68 million in rubber production (or Malaysia and $28.49 million in palm oil production. Michael Lockyer, president of the United Planting Association of Malaysia, said a survey by the association covering 472AP - 170 words
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Article316 1984-06-05 12 SINGAPORE The market closed lower yesterday with June One RSS buyers quoted at 187.50 cents a Idlo, down 3.50 cents from last Friday. The morning session was marked down 3.75 cents on light selling of June One RSS and easier London advices. Prices recovered slightly in early afternoon trading316 words
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Article99 1984-06-05 12 (in M c«rtt/1 h mi pallets) llIM L.L. RAS (currant mth) NOON B«y«rt S«Nm (forword mth) NOON SAn SSR 20 SSR50 190 50 189 50 192.50N 190 50N 192.50 190.50 I94.50N 192 SON MRELB l«y«rt S«ll«ri fere* S»ll»n SMRCV SMRL SMR 5 SMR GP SMR 10 SMR99 words
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376 1984-06-05 12 STUBBORNLY high coffee prices, which threaten to disrupt the stability of the world market, had forced the 73-nation International Coffee Organisation to call a special meeting of its executive board yesterday in London. Since mid-December, the group has been unable to' keep prices376 words
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Article284 1984-06-05 12 Singapore (S$/kilo, ax-gotfown) Thai white 100% 1st class (kangaroo) new crop 100% 2nd class 100% 3rd class 25% new crop B-10% 1 05 078 076 No stock No stock C-1 special C-1 Ordmory Looruain 100% first grode 100% second grode 100% third grode Parboiled 5% 10% Moize unq unq284 words
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Page 12 Advertisements
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Advertisement64 1984-06-05 12 ©DBSBANK INTEREST NEWS Effective 4 June 1984 Savings Account (Daily interest credited monthly) Autosave (Daily interest credited monthly) Fixed Deposits Automatic renewal it available. 7V«% p.a. for 1,3, 6, 9A 12 months Minimum Deposit for 1 month is $5,000 and tor 3,6,9 12 months, $1000 71% 6%' 71 4% Prime64 words
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SHARE INFORMATION
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Article, Illustration4112 1984-06-05 13 SHARE prices on the Singapore stock market closed mixed yesterday after a strong opening. Buying interest and bargain hunting alternated with profit-taking in selective trading. At the final bell, the Straits Times Industrial Index closed 1.29 points higher at 939.39 while the BT4,112 words
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Article225 1984-06-05 13 SINGAPORE Rites Indices Po«-£l CULS 285 +16 *"l A«s4 TDM 264 +11 rr CiiHili IS4U *55.61 M loniung 910 +10 ItWcMi *****7] *****6* FIN 580 +10 TOt/OS .1*1 jM Kwttuckir Spin 470 +10 ST UAntnah til 10 WW Utono Goon 340 +10 r 2*90 72 2*2*44 W225 words
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331 1984-06-05 13 IN SPITE OF strong overseas leads, share prices on the Kuala Lumpur stock market closed mixed to slightly easier yesterday. There was a general lack of trading interest as most investors took to the sidelines, preferring to wait for more positive leads. Prices opened331 words
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Article3152 1984-06-05 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**.3,152 words
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Page 13 Advertisements
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Advertisement6 1984-06-05 13 Business don* onthsKLSE Sss Psgs 146 words
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COMPANY NEWS
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Article, Illustration1219 1984-06-05 14 SOUTHERN Bank Bhd is being transformed into an aggressive financial institution under its new owners, Killinghall Tin (M) Bhd The bank is shedding some of its traditional conservatism and is adopting in its stead "aggressive conservatism" as a philosophy to project its corporate image.1,219 words
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Article2272 1984-06-05 14 BID and offer prices offU:ially 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 Ajinomoto (3.845) Alcom (2.248 2.255) (2) 2 25 Antoh2,272 words
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Article252 1984-06-05 14 DUTCH Baby Milk Industries (Malaya) Bhd has reported a 69 per cent increase in pre-tax profits to M 57.73 million for the year ended Dec 31, 1983. Dutch Baby chairman Tan Sri Kamarul Ariffin bin Mohd Yassin notes in his latest annual report that252 words
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708 1984-06-05 14 NYT ARE BETTER days ahead for the US stock market this month? One thing is certain: stock prices got off to a roaring start on Friday, the opening session of the month. The Dow Jones Industrial Average jumped 19.50 points, the best daily increaseNYT - 708 words
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182 1984-06-05 14 Reuter A FULL financial merger between Hambro Life Assurance PLC and Charterhouse J Rothschild PLC is likely to be valued at less than the sum of its two parts, and would therefore not be in the best interests of shareholders. In a joint statement,Reuter - 182 words
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Article258 1984-06-05 14 NEW Serendah Rubber Company Berhad: 70th AGM on June 5 at 11am at No 50, Jalan Am pang, Kuala Lumpur. SHELL Refining Company Berhad: 25th AGM on June 5 at 11am at Bangunan Shell Malaysia, Off Jalan Semantan, Damansara Heights, Kuala Lumpur. COLD Storage Holdings PLC: AGM on258 words
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Article61 1984-06-05 14 <X Reuter CITICORP has completed the purchase of a stake in brokers Vickers da Costa in a deal giving Citicorp a 29.9 per cent stake in Vickers' London Stock Exchange business and 4.9 per cent of its North American business. Vickers da Costa (UK) was admitted<X Reuter - 61 words
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Article99 1984-06-05 14 HONGKONG Austrolion Industrials Hong Seng index Monday 926.9 Fridoy 914.7 Monday Closed Week ogo 929 8 Fridoy ***** Week ogo 919 31 NEW YORK Dow Jonos TOKYO Friday 1124.35 Thursday 1104.85 Tokyo Dow Jonos Week ogo 1107.10 Monday *****.66 Friday 9913.17 Week ago ***** 04 Stondard and Poors99 words
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Article224 1984-06-05 14 Monog«rs' pricas MARA Bumiputrs for June 5 First B'putro 6.17 6.22 Second B'putro 5.51 5.56 Singapore Unit Trust Third B'putro Fourth B'putro Fifth B'putro Sixth Bputra 4 79 4 84 5.46 5.51 3 64 3 69 The Commerce 3.12 3.31* 3 57 3 62 The Savings Fund l224 words
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Article, Illustration742 1984-06-05 15 HOCK LOCK SIEW UNITED Motor Works (M) Holdings Bhd's active involvement in the Malaysian national car project should augur well for the company's longterm profitability. Besides, it is a very rare honour indeed for a listed company to be picked as a partner in a project that isHOCK LOCK SIEW - 742 words
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319 1984-06-05 15 UNITED Engineers (Malaysia) Bhd (UEM) has yet to find an acceptable scheme for its proposed financial and business reconstruction. This was disclosed by UEM alongside its audited results for the year ended Dec 31,1983. UEM said that several proposals for a financial and business319 words
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277 1984-06-05 15 CHAN MAY PENG - By CHAN MAY PENG BONVESTS Holdings Ltd has acquired another piece of prime residential land, its second this year, for a total cash consideration of |2.7 million. The company's 75 per centowned subsidiary, Unicurrent Pte Ltd, entered into an agreement to buy the277 words
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443 1984-06-05 15 CHAN OI CHEE - By CHAN OI CHEE PROMET's oil venture in the Gulf of Beibu is at last taking off albeit on a small scale. Industrial production of oil discovered in the Weizhou area will commence next year, after months of negotiations and deliberations between the443 words
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400 1984-06-05 15 MALAYSIAN Mosaics Bhd has exceeded its profit forecast of M 11.47 million for the year ended Dec 31, 1963. At the same time, it has proposed a one-for-six bonus issue. Group pre-tax profits stood at $4.68 million which, after deducting pre-acquistion profits of $3.18400 words
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LATEST RESULTS
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Article49 1984-06-05 15 Group pre- tax profits for the year ended March 31, 1984, of M 510.03 million ($7.41 million) while post-tax profits stood at $6.47 million ($4.80 million). Turnover was $112.42 million ($104.05 million). The company will be paying a gross final dividend of 15 per cent.49 words
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Article49 1984-06-05 15 Pre-tax operating profits for the half year ended March 31, 1984, of $5.64 million ($3.51 million) while net profits were $3.62 million ($2.26 million). Group turnover was $18.20 million ($13.33 million). The company has declared an interim dividend of 5 per cent less tax.49 words
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Article32 1984-06-05 15 Pre-tax profits for the year ended Dec 31, 1983, of M 5620,380 ($424,915) while net earnings stood at $492,742 ($314,915). Group turnover was $1.82 million ($1.59 million).32 words
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Article33 1984-06-05 15 Pre-tax profits for the year ended Dec 31, 1983, of $1.92 million ($1.20 million) while net earnings were $1.18 million ($756,962). Group turnover was $2.74 million ($2.96 million).33 words
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Article893 1984-06-05 15 THE market closed sharply higher yesterday, extending last Friday's gains, following the upturn on Wall Street and on abating fears of a rise in US interest rates, dealers said. Yesterday's closing middle prices of selected stocks, excluding stamp duty, were: INDUSTRIALS Jum 4 P«flC« Alfced-Lyons I62xd Au Dames893 words
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Page 14 Advertisements
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Advertisement158 1984-06-05 14 EUROPEAN ASIAN BANK (Incorporated with limited liability in the Federal Republic of Germany under the name of EUROPEAN ASIAN BANK Aktiengesellschaft) Singapore Branch 5525,000,000 NEGOTIABLE FLOATING RATE S. DOLLAR CERTIFICATES OF DEPOSIT DUE MARCH 4, 1986 In accordance with the provisions of the Certificates of Deposit, notice is hereby given158 words
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Advertisement115 1984-06-05 14 £sso CLEAN PETROLEUM PRODUCT TANKER FOR SALE Esso Tankers Singapore Pte Ltd invites offers for the purchase of the motor tanker ESSO CHAWAN, on an "as is where is" basis. Salient particulars of the vessel are: Registry: Singapore Year Built: 1971 Class: NKK DWT Tropical: 3943.83 Draft Tropical: 6.21 meters115 words
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Page 15 Advertisements
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Advertisement149 1984-06-05 15 THE BANK OF TOKYO, LTD SINGAPORE BRANCH U5530,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit Series 21 Due June 5 1986 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from June 5, 1984 to December 5, 1984 the Certificates will149 words
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Advertisement196 1984-06-05 15 r* c- f When long-term illness strikes your employee, we'll pay him a 4|m monthly income. &Ssm What can you do for an employee who is prevented from working because of long-term illness or an accident? N. As a caring employer, you continue to pay him a f% iP\ salary196 words
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Article, Illustration367 1984-06-05 16 TSANG SAU YIN - Twenty-five buses taken off the road, but 400 double-deckers to be in use soon By TSANG SAU YIN THE ADVERTISERS were supposed to pay for the advertising "space" offered by the Singapore Bus Service on 25 of the company's buses. But now the SBS may367 words
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Article282 1984-06-05 16 CHUANG PECK MING - By CHUANG PECK MING SMART weapons are not designed for dumb soldiers. They have to be intelligently used if they are to be effective. Colonel Lee Hsien Loong said this when explaining the Defence Ministry's emphasis on defence technology to 211 secondary students at Khatib282 words
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Article54 1984-06-05 16 THE SINGAPORE International Dragon Boat Race '84 was won by the USA San Diego Dragon Boat team and not the San Diego Women's Dragon Boat as reported in BT yesterday. The organisers of the event were the Singapore Tourist Promotion Board, the Singapore Sports Council, People's Association and54 words
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241 1984-06-05 16 STUDENTS who excel in sports and studies can apply for a scholarship to be introduced in June. The Vocational and Industrial Training Board is offering a sports scholarship to its trainees and GCE *0' school leavers joining the vocational institute to encourage them to excel both241 words
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407 1984-06-05 16 OVER the past year, Singapore Bus Service (1978) Ltd has committed a hefty $100 million in its relentless drive to modernise its fleet and improve services to commuters. The company's fleet upgrading programme was given a boost with orders placed for the purchase407 words
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106 1984-06-05 16 SINGAPORE AIRLINES, a big buyer of Boeing planes, yesterday criticised Pan American World Airways for complaining about arrangements it had made to finance purchases of new aircraft. An SIA spokesman said that "as far as procedures are concerned, it is an internal106 words
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Article107 1984-06-05 16 Reuter PEOPLE inside the Golden Temple in Amritsar, the holiest Sikh shrine, began firing at security forces early yesterday, resulting in a gunbattle lasting at least five hours, an Indian government spokesman said. He said that shooting from within the temple complex began early yesterday morning.Reuter - 107 words
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Article66 1984-06-05 16 WALL Street stock prices were higher in early trading yesterday as the market continued a rally which began last Thursday. The Dow Jones Industrial Average, which climbed 19 Vi points last Friday, gained a further 10 points to over 1134 in the first 15 minutes of trading66 words
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LATE FILE
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Article34 1984-06-05 16 Reuter OVER 100 leading international bankers began a three-day closed-door meeting, expected to focus on developing country debt problems and concerns about the stability of the banking system. ReuterReuter - 34 words
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Article42 1984-06-05 16 Reuter THE dollar fell on European exchanges yesterday to its lowest level against the mark for seven and a half weeks as dealers came to the conclusion that US interest rates would not rise as had been expected. Reu-Reuter - 42 words
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Article53 1984-06-05 16 UPI PRESIDENT Reagan predicted his own re-election yesterday in making a promise to return to Ireland. He said: "We want to come back when my work is done in Washington. By my calculations, that will be in January of 1989, though I understand there is someUPI - 53 words
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Article31 1984-06-05 16 Reuter TWENTY-THREE South Koreans drowned over the weekend as hundreds of thousands of people thronged beaches trying to escape unseasonal spring temperatures of more than 30 degrees Celsius. ReuterReuter - 31 words
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Article37 1984-06-05 16 AFP PEOPLE in Northern Taiwan were mopping up yesterday after the worst rain in 80 years triggered heavy floods. Meanwhile, weathermen warned that heavy rains could hit Southern Taiwan today or tomorrow. AFPAFP - 37 words
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Article34 1984-06-05 16 AP REPORTS that dissident physicist Andrei Sakharov is dead are false, Soviet sources said yesterday. He is "alive and all right" in Gorky. And he asked not to be identified. APAP - 34 words
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Page 16 Advertisements
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Advertisement195 1984-06-05 16 LATEST to* High performance The Heritage of Performance in a Sleek New Look .9 fan i6ooc.c, never looked or felt so good, Nett Basic Pricel $28,055PARF So Many Ways Better DtSTRIBUTOP FOR SINGAPORE Tan Chong Sons Motor Co (S) Re Ltd 913 BukitTimah, Singapore 2158. VIEW AND TEST DRIVE THE195 words
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Page 16 Miscellaneous
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Miscellaneous50 1984-06-05 16 vMMm Outlook for today: Showers over several areas. Report for 24 hours prior to 7.30pm on June 4 at the a«port: Maximum temperature 30.6 Associated humidity 79 Minimum temperature 24.1 Associated humidity 95 Hours of sunshine 2.65 Rainfall in millimetres 1.5 Rainfall this month 49.1 Rainy days this month 450 words
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SHIPPING TIMES
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339 1984-06-05 17 AFP UNLESS Hongkong resolves its perennial problem of port congestion, it may lose much of its container business to its closest competitor, Kaohsiung in Taiwan, a shipping source said. "Some US shipping companies are planning to use very large containerAFP - 339 words
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544 1984-06-05 17 DANIEL SIM - By DANIEL SIM THE REOTNT Indonesian ban on local and foreign ships 90 years and above has forced at least one Singapore shipowner to replace its old ships. Lian Huat Shipping, a leading operator in the Indonesian trade, has decided to buy544 words
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PORT SIDES
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Article98 1984-06-05 17 Reuter FRENCH SHIPYARDS should concentrate on producing high technology or tailor made vessels, rather than the production line ships for which competition from Far Eastern yards is stronger, shipbroker Barry Rogliano Salles said in a report. The overall order book for French shipyards fell to 506,000 grossReuter - 98 words
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Article82 1984-06-05 17 Reuter THE BROKEN Hill co (BHP) said it will order two large bulk carriers from Japan for delivery from end-1965 at an estimated cost of about US$7O million. The vessels, of 220,000 dwt and 147,000 dwt, will be used mainly on the Australia-Japan coal trade and willReuter - 82 words
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Article130 1984-06-05 17 AFP A PANAMANIAN-registered ship has been stranded for more than five months with 28 crewmen aboard in the Red Sea Port of Aqaba to a dispute between the vessel's owner and agent, the daily Jordan Times said. Quoting the ship's captain, Gohan Rehman, the paper said that theAFP - 130 words
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Article643 1984-06-05 17 Shipping Uim Col Abe* Transport IV 5 Afeo VI 3 Ahfenkiel Lmer VI 5 Alpoc VI 5 Antoro Shpg IV 1 A PC Lme V 4 APL HI 4/5 ASCL HI 1 Asjobfoker V 5 Aftos Lines X 2 Austosia Lme V 1 Bah-Oient VI 4/5 Bangkok643 words
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Article, Illustration874 1984-06-05 18 FUTURE EXPANSION of the Australian National Line's container ship fleet will be linked to ANL's ability to provide efficient door-to-door service, the line's chairman, Mr Bill Bolitho, predicted in Japan. Mr Bolitho told delegates to the second Pan-Pacific Sister Ports conference in Yokohama874 words
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220 1984-06-05 18 AFP SIX TANZANIANS who survived after being thrown into the Indian Ocean from two merchant ships in February and March have been released after four days of questioning by police in Dar-es-Salaam. The official Tanzanian news agency Shihata quoted Tanzanian deputy Minister for Home AffairsAFP - 220 words
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Article1478 1984-06-05 18 RATES for grain chartering generally remained barely steady on Friday, a feature being the fixing of three vessels from the US Gulf to South Africa at U5517.50, down $1.50, shipbrokers said. In the South American grain sector, soyabeans from the River Plate and Bueno6 Aires to Bandar Abbas1,478 words
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487 1984-06-05 18 AN IMPORTANT amendment to the International Convention on Facilitation of International Maritime Traffic came into force on June 2. The amendment will help cut red tape and reduce delays to shipping. The Facilitation Convention was adopted in 1965 at a conference held487 words
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Article193 1984-06-05 18 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. Australia193 words
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235 1984-06-05 19 THE THAI government has been urged to provide a quick solution to the container shortage problem which is seriously affecting the country's exports. The chairman of Thai shipping company Boonma Cargo, Mr Boonma Peungthong told Bangkok Post that the government should speed up the235 words
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522 1984-06-05 19 Lloyd's List THE BIG seven Japanese shipbuilding companies could be merged into just three as a result of a major investigation into the long-term survival of the industry. Proposals being studied by the Ministry of Transport and the Shipbuilders Association of Japan (SAJ)Lloyd's List - 522 words
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133 1984-06-05 19 Reuter THE CURRENT situation in the Mid-East Gulf will be among subjects discussed when the International Shipping Federation (ISF) holds its annual meeting in Tokyo on Thursday, the ISF said. Shipowners will also disuss attitudes towards the maritime welfare programme on ships toReuter - 133 words
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Article91 1984-06-05 19 AFP SOME 119,000 barrels of oil worth 82 million pesos have been pilfered from a sunken tanker off northwestern Philippines. Barges have been peddling oil that could have come from the Basilan, a tanker of the state-owned Philippine National Oil Company which sank last November in 29AFP - 91 words
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Article, Illustration169 1984-06-05 19 MAERSK Line's biggest container ship, the 52,000 dwt Louis Maersk, was in Singapore last week on her maiden call. Its newest vessel to date, the Louis Maersk can load a maximum of 3,366 TEUs stacked five tiers high on deck, is in Maersk's Far East-United169 words
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6567 1984-06-05 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.6,567 words
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Article611 1984-06-05 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location E Handsome *****W 5.684 2000 G Asia FSB 0700-0800 L4 B Meloti 248 6.6.84 0700 Leo Shpg FSB 0900-1000/1600-1800 L8 E Laurel *****E 6.6.84 0700 G Asia611 words
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Article1783 1984-06-05 25 The leading shipping lines operating from local ports and their agents. A—B AFEA African Shipping Agencies <SI Ur»-EirMU liar Trans group (Si Ahreaklel Urner Srrvirr Kim Shpg <S > Alfred C Tscffor Ocean us Shipping Agency (S) Marin tex Enterprise (PK). 41 par Inirasea (Si BinUng Shpg <KL> Island Cargo1,783 words
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Article680 1984-06-05 26 Jane 4-9 Posidonia, international shipping exhibition, Piraeus, Greece. Jane 5 Admiralty charts, lunchtime talk, Kelvin Hughes Shop, 31 Mansell St, London El. Jane 5-7 Offshore computers exhibition, Skean Dhu Hotel, Aberdeen. Jane 7-8 Shipping documentation and fraud, European Petroleum Association seminar, Hotel InterContinental, Hamburg (details: EPCA, 250 Avenue680 words
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Article543 1984-06-05 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Auby 21 SSPL alongside 5.6.84/1300 Builder III 22 T Soon alongside 5.6.84/0600 Qing He Cheng 31/2 Y Fung alongside 5.6.84/2300 Straits Venture 20 SSPL alongside 5.6.84/1500 Tian Mu Shan 27/8 Y Fung alongside 5.6.84/0600 Mai j in543 words
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Article315 1984-06-05 26 THE APPARENT calm in the Gulf states area after the previous week's spate of attacks on neutral shipping prompted a greater volume of enquiry on the tanker market last week, particularly for vessels from Iranian ports. However, charterers have had to pay firmer rates, especially for loadings from315 words
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Page 17 Advertisements
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Advertisement377 1984-06-05 17 TIMES Ikisiixws Directory of Sin#i|)orc (BUKU MKRAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE I \RDIM AM H FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Fstrat H'burj 26/6 28 6 LeHane R dan 23 6 24 '6 Spate SM 10 6 17 6 22 6 29 6 5 7377 words
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Advertisement399 1984-06-05 17 EJSEALORDH UASC -UNITED ARAB SHIPPING CO (SAG NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES JEXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE FROM JAPAN TAIW AN lIOM.kOM. M. MAMYAH V 7* I U WAJBA V.»+ I AL HMMKH «.r HAMMURABI V.7* I ALSO CM.LM I "HA6OYA399 words
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Advertisement27 1984-06-05 17 LONDON Freights 11/11 l CONSORTIA II SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPPING Events X SHIPS In Port X REGIONAL Weether X27 words
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Advertisement619 1984-06-05 17 *0 FESCO LINES Tr'm FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE EXPORT FASTEST SERVICE TO USA EUROPE TO U S PACIFIC. GULF. ATLANTIC. FAST CANADA. INLAND POINTS nrran LT i 11 M. M619 words
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Page 18 Advertisements
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Advertisement269 1984-06-05 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe. From Europe L_L_ JV/ Mm ftr 1) Barcelona. Genoa. 2) Amsterdam Antwerp. I Havre. Bask. UK. 3) Bremen. Bremerhaven. Aarfws. Copenhajen, Helsinki 4) Maimo Stockholm. Oslo *Acceptm( Europe carpi tor feeder <ia S pore 'Also direct carpi lor Spore I BadgtoA Pts contact PERMSC269 words
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Advertisement371 1984-06-05 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wm( Pacific North Wast Faadar at Tokyo Faadar at Koba IMtar *51 LA/IB OM IMtar VS. JUT «Ct MCBCA a «/7 1 J/7 PMOT *g 28/4 28/4 1/7 TMMSMHM 27/7 31/7 N. TOW M 7/1 HHHHVMPH Also accepting LCL Cargo tor371 words
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Page 19 Advertisements
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Advertisement844 1984-06-05 19 The Straits Steamship Group QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sibch, Sarawak, Brunei Ports and Bangkok CONTAINERSHtP SERVICE TO UK/CONTINENT KHNcmns Hwutcons NWOUII EXPKSS KIM VON HONGKONG EIPKSS CAROKANMT KMLKI LNWOOI HT moch eipkss HAMBURG EIPKSS ALSO ACCEPTING CARGO FOR: Hw*w[ to Capertufen AarMs, Gottwnbwi Makno StockMAn. Sonderfeur(844 words
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Advertisement534 1984-06-05 19 Franco 80/ yum Services :> r h ,i*t h rrnrh >Vn /<•«• With Hclnian l.i r h;istcrn I iru-<-fIP Mpmhef o+ Ace ConsoriiufT Ml commas* sang to aaapi STOBE P. KELMC L« Hwrt ft'feM F'Slavt Mm BUm* M ant am sm kM 23M124M126M125M129M1 1 w MMBMK COHTMB II 11 to*534 words
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Page 20 Advertisements
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Advertisement613 1984-06-05 20 HapagLloyd TO COMTMINT/UK EXPORTS FROM CONTINENT l)K Kwama Mam lo*» Eipress Beiuvon IMPORTS loot Seattle Marine Beach Oakland Tacema Feeder B l«u< 13/5 15/5 17/5 Bremen E Telan 16/5 17/5 20/5 Klin Eipress 22/5 2«/5 27/5 Hwbehh N Sapphae 29/5 31/5 3/6 Benawn Totede 5/( 7/t 10/6 Benawm Agents SEGANI613 words
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Advertisement409 1984-06-05 20 ItG.&LINE r FULLY CONTAINERISED SERVICE TO FUR Off VIA SUEZ 1 Member ol the Ac t Comorhum FROM EUROPf Vl* SUEZ "J A Memoer ol the Ace Conwutun i f khm c comtamr 2* b b CtfVAlfß ROTE J4E 6 NEPTUt GARKT IK s 6 HKonf Hxnrtunf Bum UM 12/6409 words
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Advertisement322 1984-06-05 20 r EVERGREEN LINE far east/euhope container service EUROPE FAR [AST CONTAINER SERVICE FAR EAST/MED FULL CONTA»€R SERVICE SSP PKt €0 LCA IMA VIC BCN lit GEN FOS Accord 7/0 IJ/0 nn 21H 1/7 29/610/6 1/7 AcMete 10/6 30/( 05/7 05/7 #7/7 14/7 11/711/712/7 ALSO ACCEPTRK CARGO Id lAS PAUMS TIMWE322 words
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Advertisement724 1984-06-05 20 _7£i/g/z J^eas fA(aHh'»ne /'/r/ Agents (Of PT GESURI LLOVD PT BAHAII 6AHTER/ PT PERINTIS LINES 10 Collver Quay 05 04 to 05 05 Ocean Bldg S pore 0104. Tel *****44 to 48 *****1 SINGAPORE/INDONESIA SERVICE EUROPE SERVICE New MiMpwpose Roro Vessd. Bult 19S1 Acceptor* bfeakbUk and FCL containers ter KIE724 words
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Advertisement291 1984-06-05 20 uAa MARITIME PTE LTD m ISLAMIC REPUBLIC Or IRAN SHIPPING LINE:* KYOWA LINiTO PAPUA NEW GUINEA/ SOUTH PACIFIC I Saifaport P Ketanf Loadn| tor: 1 KYOWA OCEAN 14/6 15/6 Hnm, Lautoka^uv^ Papeettc, hp, -Apia, layaKYOWA BREEZE 21/6 23/6 P. 'Moresby. Lac. Madanf, Rabaul. Kaeta. Honiara Accepting Contamers for Hcronesia/ South291 words
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Page 21 Advertisements
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Advertisement513 1984-06-05 21 VESSEL KOTA AQUNG KOTA SEJATI KOTA SALAM KOTA SEQAR PIL GROUP EAST AFRICA/REDSEA SERVICES VOYAGE SINGAPORE LOADING FOR: E-5C7 18-21/6 DJIBOUTI, HOOEIOAH, JEDOAH, AOABA. PTSUDAM, MOMBASA. O'l E-509 4-7/7 HOOEIOAH. JEDOAH. ADEN, AOABA. PTBUOAN E-Sll 5-10/7 HOOEIOAH. JEDOAH, AOABA. PTSUOAN E-513 10-15/7 TAMATAVE, MAPUTO. D'SALAAM, MOMBASA. MOGADISCIO VOYAGE -300 -302513 words
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Advertisement223 1984-06-05 21 Z. WOOD LINE SOUTH AFRICA SERVICE KJ(. STORE PK REUMON DURBAN C'TOWN FORT CARLETON SA-2 Sid Sid Sid Sid MKOS N SA-3* SM Sid 6/6 14/6 20/6 26/6 WOOO STAR SA-4* 5/6 14/6 20/6 2/7 9/7 15/7 LOAOMG FOR E. LOMKM/MAUHTRIS General A C ents:- WOOD LINE (SINGAPORE) PTE LTD223 words
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Advertisement865 1984-06-05 21 1 BENLINE CONTAINERS EXPRCSS CONTAINER SO VICE TO/FROM EUROPE 1/7 3/7 5/7 6/7 0/7 A/7 10/7 12/7 IJ/7 15/7 16/7 15/7 25/7 H/7 ?1/7 24/7 20/7 21/J M/ 7 31/7 7/A 4/0 6/1 7/1 S/l 9/0 11/1 IJ/I 14/1 1(/| U/l 11/1 20/1 21/| 71/| 73/0 25/1 27/1 2t/l 30865 words
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Advertisement411 1984-06-05 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service Full Container Vessel Buun Toko Kobe Kao- S'i MAIAPAIfT VIIOB/UHB 11/6 20/6 21/6 24/6 2t/6 1/7 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STOW P KEL ANGTIBURY /It DAM HDURG ANTWERP lON ADAM BREMEN BAAB ULLAK V7NB 2S/6 29/6 22/7 24/7 26/7 29/7411 words
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Advertisement612 1984-06-05 21 rage v BOUSTEAD SHIPPING AGENCIES Poon V 72 Htontowywo Pogon V 75 Ptiostiwegyowywo BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P Kelong Penang 10/12 June 15/17 June 20/22 June j 28/30 June \> BANKUNE EXPRESS DEPENDENT SERVICE TO UK/CONT SPORE I R'DAM HULL HMBG IVYBANK612 words
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Page 22 Advertisements
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Advertisement728 1984-06-05 22 I» ECUADOR/PERU/CHILE \V3L\ IV KAWASAKI KISEN KAISHA, LTD. FEEDER/ KANSAI nOKBI V 34 Mono wi MHO F WAST A VI4IS spore It* NAGOYA n km GUAYAQUL K U CALLAO 2 Au| t M KWf 7Am MTOr-TK M VALPARAISO U Au| S ANTOWO 13 M WEST AFRICA STORE APA/LGS LOW ABO728 words
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Advertisement507 1984-06-05 22 I Accepting Breakbulk and contairwriMd cargo** Direct to South Africa An.ri)tmt Contains Brta>bui> Aiieptine Containers Qnl< S VAAL 571 V NED COLOMBO VfiOllF OS*** MMU S7ISG S A VAN OCR STEL VIM Sport Dtrtan Bit 12/ i W/4 27/4 10/7 27/5 31/5 JAROfC SMPPMG AGENCCS (Re|. *****4/ 00K) 70 SHCNTON507 words
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Advertisement717 1984-06-05 22 'M CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAHIER/REEFER/BULK SERVICE lM4n( tor 10S ANGELES SMI FRANCISCO SEATTLE TACOMA VANCOUVER BC Acc«ptn| Fa FCI C«rimn P S>nfipore i lu^nn IATEmr II kn 14/15 m Ml AUSTRALIA EXPRESS CONTAINER SERVICE Accept!* Fa Fa Co«t»mri -AIM KCtptni from P lor Auct Met L,tl VBMVA MUM717 words
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Advertisement569 1984-06-05 22 SANKD ASIA FROM JAPANESE PORTS ANO HONGKONG m GOLDEN LINE 6IIAN CM* SHIPPING (PTE)LTD TMI Frame* IM Rat** M Ctd UraM SKAPORt 0104 TO »ll7* (10 IKS) I# ■una Limpv 00? 11 p >n«i jimi hun MMtl STRAITS/PERSIAN GULF SERVICE: GOLOCN SEASON Cotomßo M.rjgaDoos OvO* Bi" run Hjwt't COIOCM CITY569 words
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Advertisement583 1984-06-05 22 f INTRASEA (PTE) LTD I^UI 1 1() Anson Road '6 Inter.i Pl.i/h Singapore 0?07 Tel 2?l»>S 1 1 (1 (1 Lines) BREAKBULK SERVICE TO EUROPE/UK FOOT fCLSON *****07 S'ptra P RManf 20/ i 23/# Lm*k tarsete/*ott/i SEAWOOO SHIPPING COIitiRATION S port P KeUng Lm4nc far POROS lt/S totadM Af«*» Snfjpwi583 words
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Page 23 Advertisements
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Advertisement699 1984-06-05 23 NEPTUNE ORIENT LINES TO EUROPE/UK (VIA SUEZ): 0 CHEF 39W Sailed In Port 23/6 24/6 26/6 28/6 HK CONTAINER 40W+ 10/6 11/6 29/6 30/6 2/7 4/7 SSBROGE46W 17/6 18/6 6/7 7/7 9/7 11/7 CPAUL4OW 22/6 23/6 11/7 12/7 14/7 16/7 C CONTAINER 26W 29/6 30/6 18/7 19/7 21/7 23/7 CROZE699 words
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Advertisement475 1984-06-05 23 HEUNG-A SHIPPIN Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK. KEELUNG. BUSAN. INCHON Hrtrl AUDI wpiipb aginc*s ph iid let 7/899// 7/***** ißookm t <,i 777/510 *****?? lOperatomi ?709?J4 (Ir.rrwuli *****50 *****04 (CFS» MA, .A A V lUNAS Sill* SDN BHD Kl lei *****0 *****4 PK lel *****4 PIN lei475 words
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Advertisement886 1984-06-05 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KELMK PENANG M/S SHARKAT NAM SOON SON. BHD. IST ANO 2ND FLOW MESSRS HM THONG SHPPMG 23 NeW886 words
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Advertisement10 1984-06-05 23 u ahrenkiel liner service gmbh DURBAN JOHANNESBURG"MAPUTO. MAURITIUS A REUNION10 words
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Page 24 Advertisements
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Advertisement678 1984-06-05 24 Kc<|i<Hial Container Lines 2 Sailings Weekly Reliable Regular Punctual KCL Berthing PSA 1500 Hrs Tuesday Saturday THANA BHUM SMI BHUM IHAN* BHUM SMI BHUM THANA BHUM SMI BHUM THANA BHUM SMI BHUM THANA BHUM SMI BHUM THAM BHUM VOY *****21N 170S/17IN 121S/122N 171S/172N 1225/***** 1725/173N 123S 124N 1735/174N 1245/12SN 1745/175N678 words
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Page 25 Advertisements
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Advertisement92 1984-06-05 25 r—ni.i CntiJk LICORNH SEAL lON SHPfMG (S) PTE LTD. SAIiS/BOOKMGS TEL *****11 (t UK) CONTAINER SERVICE TO BANGLA-OCSH/INPtA/SRI LANKA/PAKISTAN CMTTKONG I HALDIA-CALCUTTA COLOMBO BOWAY 24/5 29/5 2/7 5/7 16/7 19/7 <^Seawinds DIRECT FULL CONTAINER SERVICES am»n lumrs 0«lf NTAI SfAWINDS lIWR AGINCY Pit I ID SINGAPORE MALAYSIA TEL *****81 SALES92 words
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Advertisement180 1984-06-05 25 Scan Dutch V To Europe (Med/UK/NC/Scan) Anson Sid Anson 7/6 Anson 14/6 Anson 21/6 Anson 28/6 Anson 5/7 3) HAMBURG 4) GOTHENBURG To Red Sea/Mediterranean FEE P. KELAMG Anson 6/6 Anson 4/7 N Van Noon Scan Dutch Corona PIRAEUS From Europe Also Accepting To: From Red Sea/Med. From: (1) Barcelona,180 words
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Page 26 Advertisements
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Advertisement165 1984-06-05 26 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We. Sealion Shipping (S) Pte Ltd agents for Coron Shipping Company Pte Ltd of 65 Chulia Street. OCBC Centre, Singapore 0104, hereby give notice that in consequence of the intended purchase of the vessel •LAMPUNG' of Indonesian flag by our principals165 words
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Advertisement166 1984-06-05 26 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Sealion Shipping (S) Pte Ltd agents for Coron Shipping Company Pte Ltd of 65 Chulia Street. OCBC Centre, Singapore 0104, hereby give notice that in consequence of the intended purchase of the vessel 'RIAU' of Indonesian flag by our principals we166 words
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Page 26 Miscellaneous
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Miscellaneous179 1984-06-05 26 r A Regional Weather 3) Y? jX s 1 5 «L I 21 a 4 A s k? *> c ._>/ Win* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C y^\ Shower Weather /V Wind179 words
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