The Business Times, 13 June 1984
1984-06-13
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The Business Times
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Title Section12 1984-06-13 1 BUSINESS TIMES M.C. (P) No. 66/1/84 WEDNESDAY, JUNE 13, 1984 60 CENTS12 words
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Article, Illustration616 1984-06-13 1 NAJEEB JARHOM - Store believed to have received unofficial green light By NAJEEB JARHOM SINGAPOREANS who have frequented Yaohan stores will soon have a chance to share in the company's success story. Plans are afoot for one of the Republic's most aggressive and successful616 words
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110 1984-06-13 1 Reuter SOVIET industrial production grew by 4.7 per cent in the first five months of 1964, but oil output remained below target figures. The Communist Party newspaper Pravda said yesterday that the rate was slightly down on the 4.9 per cent for the firstReuter - 110 words
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291 1984-06-13 1 AP THE FORMER head of the Central Provident Fund of Singapore, Robert lau, now director of the South-east Asian Regional Computer Federation, warned Western computer businessmen against a "buccaneer" attitude towards selling in Asia yesterday. Mr lau was one of several speakers at aAP - 291 words
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Article62 1984-06-13 1 AFP JAPANESE supermarket chain Yaohan Department Store Co announced yesterday that it has reached basic agreement with Multi Interests of Malaysia to open a supermarket in Kuala Lumpur in April 1987. The Japanese company is to decide on the name, the amount of capital, parityAFP - 62 words
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Article, Illustration79 1984-06-13 1 SHARE prices M the Singapore stock market fell sharply across the beard again yesterday: The setback was la line with the ptaage en Wall Street en Monday as Investors shied away (ram the New York market because of the eantlnalng concerns over Interest rates and a weak bond79 words
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Article, Illustration324 1984-06-13 1 JOANNE YAP - By JOANNE YAP BARRIERS prevent local manufacturers from obtaining the Japan Industrial Standards (JIS) mark. Elaborate documentation and application procedures, the use of the Japanese language and the high cost of inspection have discouraged manufacturers from applying for the mark. The obstacles were324 words
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426 1984-06-13 1 WANG LOOK KEAH - By WANG LOOK KEAH Transport Correspondent THREE AIRLINES will be competing fiercely for the small but growing cargo and passenger traffic between Canada and Singapore from next year. Singapore Airlines, Air Canada and Canadian Pacific Airlines announced their plans yesterday at the official signing426 words
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307 1984-06-13 1 BY THE YEAR 2000, developing countries will have more than 600 million people onetenth of the world population living in poverty even if their economies grow between 5 and 6 per cent. The food shortage will worsen. Imports of307 words
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Page 1 Advertisements
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Advertisement106 1984-06-13 1 OABS THE ULTIMATE ACCOUNTING SOFTWARE FOR MICROCOMPUTERS S Stt HOY c-an 3»oue OA Smgacofe I*l *****62 4KI 111 03 *****0 P«n«ng l*l 04 *****) ipoh lei 05 *****8 SINCE 1846 Put your company emblem on Cross writing instruments and let it spread lasting goodwill... in sales promotions, to clients, /yflr106 words
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Advertisement244 1984-06-13 1 TELEFUNKEN is making a dramatic recovery in the consumer goods market, with Singapore soles reoching $10 million in 1983 from less than $1 million in 1981. Pag* 2 PRESIDENT Marcos of the Philippines has raised the wages of workers in his country in a bid to defuse mounting labour unrest244 words
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Advertisement0 1984-06-13 1 )@)>~![{+[[|(`!/'|[-^?&-\$]._]^0 words
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Advertisement184 1984-06-13 1 BALLY (V \*itzrrlarui Ft«tura,Pagtl For the most efficient handling of your incoming and outgoing mail, you've got to hand it to Pitney Bows. S3 Addressing Folding Inserting Sorting Collating Counting I Mail Opening A'//, Postage Stamping Cheque Signing Imprinting > Pitney Bowes has been perfecting mailing systems and machines for184 words
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HOME NEWS
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Article, Illustration493 1984-06-13 2 JEFFREY TSANG - Sales of consumer goods in Singapore reach $10m last year By JEFFREY TSANG TELEFUNKEN is making a dramatic recovery in the consumer goods market, with Singapore sales reaching $10 million in 1983 from less than $1 million in 1981. The company, whose worldwide sales totalled 1.1493 words
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Article, Illustration500 1984-06-13 2 ZHOU MEI - By ZHOU MEI SCI SYSTEMS, Inc supplier of instrumentation, computer and communication systems to the US government and its prime contractors has found the "local" person it had been searching for to head its Singapore operation. The American company, which also manufactures computers500 words
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546 1984-06-13 2 CHUANG PECK MING - By CHUANG PECK MING GO AFTER the customer before she sniffs her way to a more familiar scent. This direct sales approach has been adopted by Christian Breton, a relatively newcomer in the highly competitive perfume business. After a slow start in Singapore, the546 words
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236 1984-06-13 3 THE Ministry of Culture is to organise a two-week workshop to give aspiring sculptors a better grasp of three dimensional art concepts. The workshop, from Aug 25 to Sep 7, will be held at St Patrick's School. Anyone aged 16236 words
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124 1984-06-13 3 A SOUTH KOREAN mission, led by director-general Mr Choi Seok Yoon from the Ministry of Construction, is studying land development control in Singapore. The three-member group, which includes Mr Ro Ki Sup and Mr Park Byung Sik from the Korea Land Development Corporation, arrived124 words
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151 1984-06-13 3 A SEMINAR at the Ngee Ann Polytechnic tomorrow will focus on banking automation. The seminar, held in conjunction with the polytechnic's Open House, aims to update the industry with the introduction apd application of technology developments. 0 Emphasis will be given to the Electronic Funds151 words
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416 1984-06-13 3 BOEY KIT YIN - By BOEY KIT YIN ABOUT 55 blackouts suffered by Singaporeans so far this year could have been avoided if contractors had used cable detectors. .The carelessness of contractors in not detecting electrical cables before starting excavation resulted in 513 cases of damage to Public Utilities416 words
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265 1984-06-13 3 LISA LEE - By LISA LEE TOM, a software manufacturing company from Seattle, is geared up to capture a part of the local market. The company has appointed Seatoma Software Pte Ltd as its general agent for Singapore and South-east Asia. Seatoma, set up in265 words
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Article, Illustration63 1984-06-13 3 TECHNICIANS putting the finishing touches to tho installation of an BL-1M fully digital private branch axchanga (PBX) at tha Union Bank of Switzerland in Tokyo. Tha SL-1 is tha first fully digital switch sold by Northern Talacom International Inc in Japan. More than 9,200 members of the SL-163 words
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308 1984-06-13 3 CHUANG PECK MING - By CHUANG PECK MING EMPLOYERS should organise their own productivity promotion programmes for this year's Productivity Month in November. Until now, government organisations, employer groups and unions have been mainly responsible for promoting productivity awareness. Citing a survey carried out early this year308 words
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304 1984-06-13 3 THE MAJORITY of the chief executives who attended the launching of the Productivity Promotion Programme have agreed to implement it in their workplace. But many of the activities suggested for the programme are not new to the companies. The large established companies, especially, already have304 words
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Page 2 Advertisements
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Advertisement316 1984-06-13 2 THE BMW 7-SERIES EXCLUSIVITY THROUGH PROGRESS AND NOT INSTEAD OF IT r-f 5" w KV r? 4 v' *4* if •Y' r 2i£WSO45 g It is a well known fact that the discerning 8 consumer does not judge quality and exclusivity on superficial criteria like pure performance or obtrusive and316 words
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Page 3 Advertisements
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Advertisement94 1984-06-13 3 INSPIRED. R:\L\IAI\ 5? 7 vV .*v A I ■SS! \W &S vS< vN X' SS? vn [fnl pierre balmain Pierre Balmain Boutiques: Centrepoint #02-11 176 Orchard Road Singapore 0923 Tel: *****41 The Pavilion Inter-Continental #01-05 1 Cuscaden Road Singapore 1024 Tel: *****04 Pierre Balmain Comers: Metro Grand, Lucky Plaza Metro94 words
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OVERSEAS
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412 1984-06-13 4 UPI AP PRESIDENT Marcos raised workers' wages yesterday in a bid to defuse mounting labour unrest over price increases sparked by a steep devaluation of the peso last week. Mr Marcos, 66, in a nationwide address commemorating Philippines' Independence Day, said the dailyUPI; AP - 412 words
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150 1984-06-13 4 AFP FRANCE'S three-year-old Socialist Government will denationalise French companies, notably in the banking sector, if its policy of state control does not bear fruit, French Finance Minister Jacques Delors told a senior US official, the Washington Post reported on Monday. The paper said Mr Delors'sAFP - 150 words
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Article144 1984-06-13 4 NYT RICH and famous people have their share of imitators, and Michael Jackson's mother is worried they may be harming her son's reputation. "I've heard they are rude, and a lot of people think it's Michael," said {Catherine Jackson in the July issue ofNYT - 144 words
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WORLD IN BRIEF
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Article57 1984-06-13 4 A CHINESE newspaper yesterday printed a snapshot of three smiling soldiers posing on a railway track, their backs to a speeding train which killed them a split-sec-ond later. The newspaper, China Law, did not say why the photographer, a fellow soldier who presumably jumped clear in time, failed57 words
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Article93 1984-06-13 4 BRITISH judicial authorities have ordered that the sale at Sotheby's of the last writings of Ernesto "Che" Guevara, the Cuban guerilla leader, should be delayed at the request of the Bolivian govern- ment, the auction house said on Monday. The judicial order, issued last Friday, said93 words
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Article50 1984-06-13 4 ISRAEL'S Foreign Ministry and all its embassies around the world closed down on Monday as employees began a three-day strike demanding higher wages and pensions. Sources reported that Mr Shamir met with representa- tives of the ministry and expressed understanding but indicated he could not increase their wages.50 words
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Article68 1984-06-13 4 Agencies A French maritime engineering company has developed the first self-elevating offshore oil platforms able to work all year in stormy waters. The new platforms, the product of Compagnie Francaise Des Entreprises Metalliques, represent a significant technological breakthrough, according to experts in offshore oil exploration. So far, theAgencies - 68 words
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Article, Illustration187 1984-06-13 4 Reuter THE US achieved a breakthrough in "Star Wars" technology on Monday when an experimental missile successfully intercepted a dummy ballistic warhead outside the earth's atmosphere. Amoretta Hoeber, deputy assistant secretary of the army for research, said: "We really tried to hit a bullet with a bullet,Reuter; UPI photo - 187 words
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399 1984-06-13 4 AFP UPI SIKH AKALI DAL leadership had called on Sikhs all over the world to observe June 17 as "Ardas Day" (Prayer Day) as a protest against the Indian army attack on the Golden Temple complex in Amritsar. Former Punjab Chief MinisterAFP; UPI - 399 words
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Article78 1984-06-13 4 AFP A 60-YEAR-OLD doll maker has been arrested on charges of blackmailing major Japanese electronics company Sony in an attempt to extort 100 million yen (U*****,000). Police yesterday said Kokichi Kumasaka had been under police questioning since his arrest on June 1 on a similar blackmailAFP - 78 words
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Article182 1984-06-13 4 UPI WARNING tomorrow "may be too late", Soviet President Konstantin Chernenko said talks between the Soviet Union and the US on banning anti-satellite weapons in space should begin as soon as possible. Replying to written questions by a US columnist for the Hearst newspaper group,UPI - 182 words
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365 1984-06-13 5 NYT PAN AMERICAN world airways has signed up with the US Air Force for a US$lO4 million war-readiness programme, but insists that it will make no profits on the contract. Under the programme, PanAm is modifying five 7475, widebodied passenger transports, toNYT - 365 words
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310 1984-06-13 5 AFP AMERICAN Defence Secretary Caspar Weinberger said in Washington on Monday he was confident that China would not transfer to the Soviet Union any advanced technology it might acquire from the US. Mr Weinberger, speaking after a meeting with Chinese Defence Minister ZhangAFP - 310 words
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Article110 1984-06-13 5 AP CHINESE authorities cracked a gang of young hoodlums in the coastal city of Amoy only to discover that most had parents in high places, the official People's Daily reported on Monday. The national newspaper said more than 40 gang members have been sentenced or are nowAP - 110 words
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272 1984-06-13 5 Reuter JAPANESE Prime Minister Yasuhiro Nakasone said on Monday the world economic spotlight had switched to the Pacific nations but this did not mean the eclipse of Europe. In a lecture to the International Institute for Strategic Studies (IISS), Mr Nakasone said the PacificReuter - 272 words
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364 1984-06-13 5 THE ARTICLE in the Sunday Times of London three days ago on the personal life of the Yang di-Pertuan Agong was an insult and was intended to sour relations between Malaysia and Britain. Malaysian Deputy Foreign Affairs Minister Mr Kadir Sheikh Fadzir said364 words
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Article100 1984-06-13 5 Reuter THE Chinese People's Libera tion Army (PLA) has set up a strategic nuclear missile wing, Han Huaizhi, assistant to the PLA's chief of general staff, said yesterday. The New China News Agency quoted him as saying the armed services had to increase their combined attackingReuter - 100 words
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130 1984-06-13 5 UPI THE US House of Representatives voted unanimously for a bill its sponsors said will protect the infant US semiconductor chip industry from piracy. The legislation approved on Monday would make it illegal to copy chips without the authorisation of their developers. TheUPI - 130 words
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388 1984-06-13 5 UPI FOUR Wall Street executives, convicted in the largest tax fraud case in US history, face up to 46 years in prison for creating US$l3O million in phony tax shelters for celebrity clients. Charges against a fifth defendant were dismissed onUPI - 388 words
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Page 4 Advertisements
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Advertisement139 1984-06-13 4 w. SCINTILLATING w n 3 111 0 8 MARTEL €Z\ r s. v. /A R rs Dances, draws, shows and nights of gold. DANCE SHOWS at Century Park Sheraton's Black Velvet Gold Club will open your eyes to the grace, s. vitality and liquid movements n\ of the art. DRAWS139 words
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Advertisement145 1984-06-13 4 saves some mysteries of inner 4 oro Planscape plans and creates efficient workstations quickly and with flexibility. A system designed around interchangeable panels, overhead storage units all linked together with a series of posts. Designed to solve the mysteries of: Floor space saving Power consumption saving Construction costs saving Equipment145 words
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Page 5 Advertisements
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Advertisement148 1984-06-13 5 Ncrtuie has taken Hectoiux adapts the'bee-hive' approach far high-densijy storage Bees have found the logical method to storing their honey systematic and equally-constructed combs that minimize space usage for maximum storage capacity. Nature has indeed answered today's storage problems. Electrolux's high-density concept is based on utilising vf the ceiling height148 words
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BANKING AND FINANCE
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571 1984-06-13 6 Unilateral statement of view takes hard line Reuter THE maintenance of international interest rates at current levels is unacceptable and while such general conditions persist, Argentina will be obliged to take "self-protection" measures, the letter of intent Argentina sent to the International Monetary FundReuter - 571 words
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Article97 1984-06-13 6 Reuter THE meeting of Latin American debtor countries in Cartagena, Colombia, on June 21 and 22 will not provide any definitive solutions to the region's problems, Brazilian Finance Minister Ernane Galveas said in an interview in the Gazeta Mercantil. It quoted him as saying theReuter - 97 words
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240 1984-06-13 6 Reuter MEXICAN Central Bank director-general Miguel Mancera has ruled out any increase in the 13 centavos-a-day slide of the peso against the dollar. He told a parliamentary committee that considering the balance of payments situation, the rate of slippage isReuter - 240 words
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Article86 1984-06-13 6 Reuter NEW Bolivian Finance Minister Oscar Bonifaz said he wants to start talks with creditor banks as soon as possible but gave no details of when that could be. Mr Bonifaz told reporters on Monday that "negotiations with private (foreign) banks can start at anyReuter - 86 words
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Article748 1984-06-13 6 ARRIVALS Operator Scnric* number Local time From PAA PA5 0020 JFK/SFO/HKG MAS MH681 0820 KUL KM. KE624 0840 KUL CAL CJOIO 0825 JED/DHA MAS MH60I 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN RBA BM21 1000 BWN SIA SQI03 1005 KUL CPA CX7I0 1035 HLP748 words
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216 1984-06-13 6 SLOW progress in clearing Venezuelan debt arrears has made the government's target for a basic rescheduling agreement by end-July look increasingly unlikely, banking sources said. The 13-bank advisory committee meets in New York tomorrow to discuss what action to take in view of public216 words
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Article68 1984-06-13 6 Reuter DAI-ICHI Kangyo Bank Ltd (DKB) said it is introducing Japan's first mark-yen currency option with Cltoh and Co Ltd. It said contracts would be in respect of US$l million worth of the currencies. Banks in Tokyo introduced dollar-yen currency options last April. Dai-Ichi said itReuter - 68 words
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508 1984-06-13 6 Agencies FIRST Chicago Corp has dropped out of the running as a potential merger partner for Continental Illinois Corp. Mr Barry Sullivan, chairman of First Chicago, the city's second biggest banking group after Continental Illinois, said on Monday the decision "'was based onAgencies - 508 words
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Article127 1984-06-13 6 AFP THE US Federal Reserve Board is likely to tighten its credit policies by the middle of July in spite of a recent slowdown in US economic growth, the Wall Street Journal said, adding that such a step could drive up interest rates. Economic growthAFP - 127 words
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Article100 1984-06-13 6 Reuter ARAB BANKING CORP said general syndication of a US$3B5 million World Bank co-financing for the National Bank of Hungary has started and will continue throughout June. Syndication follows approval by the World Bank's board of directors for the loan, which was oversubscribed at lead manager levelReuter - 100 words
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Article533 1984-06-13 7 SINGAPORE: The local dollar yesterday fell to 552.1105/15 against the US currency from 2.1035/45 on Monday, and to 5591.25/ 35 against the Malaysian dollar from 91.20/30. The US dollar recovered against most major currencies to close firmer. It was softer initially on profit-taking and concern over news that533 words
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Article234 1984-06-13 7 Interbank rates at 3pm CurrtnciM ftlMtiakal a rviw quoted yoli crooo pertty change Local dollars to ona unit of foreign currency: US dollar 2.1080 2 1090 2 8196 -2524 Sterling pound 2 9237 ***** 7 3469 -60 20 Australian dollar 1 8866 1 8896 3 4286 -44 97234 words
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Article311 1984-06-13 7 SINGAPORE Futures closed higher in very quiet trading yesterday following the metal's recovery in Hongkong. Total sales for the day were recorded at one lot. Prompt closed firmer at U*****.20/377.00 an ounce compared with New York's $373.50/374.00 close, August at $382.00/383.50 against $378.50/379.20 and October at $389.50/390.50 against $386.00/386.50.311 words
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Article, Illustration251 1984-06-13 7 Asian market DEPOSITS closed firmer yesterday compared with Monday in light trading. Asian dollar CD interest rates held steady at slightly higher opening levels. THE PLR is the lowest lending rate at which o bank is prepored to lend in Singapore dollors to its clients on an overdraft or demand251 words
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Article126 1984-06-13 7 THE OVERNIGHT rate eased by a quarter-point yesterday to close at 4% per cent on the local interbank money market. The one-month term rate eased by V» -point, while the twos and threes lost 1/ 16 point each to close at a common 8 per cent. S$ interbank126 words
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237 1984-06-13 7 AFP THE PHILIPPINE central bank (CB) plans to "defend" the current exchange rate of 18 pesos to the US dollar but will find it difficult to do so, the daily Business Day said, quoting bankers. The CB can maintain the rate four pointsAFP - 237 words
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Article78 1984-06-13 7 Reuter BRITAIN has proposed talks with Japan on financial and capital liberalisation, Japanese Finance Minister Noboru Takeshi ta said on return from the London summit. He said the British Chancellor of the Exchequer, Nigel Lawson, made the proposal at a meeting before the summit. Kyodo news agencyReuter - 78 words
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Article, Illustration341 1984-06-13 7 AMY BALAN - By AMY BALAN NEWCOMER Federal Insurance is planning a "one-stop-shop" insurance package to win customers here. The US-based company started operations in January after it bought over the general insurance business of the Singapore branch of China Underwriters. China Underwriters, part of the Carrian group,341 words
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Article115 1984-06-13 7 Reuter THE WORLD BANK has approved a US$7O million loan to Malaysia for a rural electricity project and a $42.1 million loan to Sri Lanka for an irrigation programme. The bank said in a statement the loan to Sri Lanka comprises $12.1 million ofReuter - 115 words
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Page 6 Advertisements
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Advertisement140 1984-06-13 6 Executive privileges r m) •:< From the Serie Big Saddle Leather Collection comes this distinguished boardroom suite with its very own private bar. Swivel chairs in the finest leather, complete with a handsome table that extends to sit a whole conference SADOLE comfortably. leatvcr The Serie Big Saddle Leather j140 words
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Advertisement101 1984-06-13 6 Protect your office carpet with Permasil trip-proof plastic sheet I- it**?. Permasil clear plastic sheets protect carpet and increase mobility. Call Tel: *****55 (office), *****61, *****31 (factory) today. Free delivery. Sote agent Inchem Products (Pte) Ltd 40*\ .*+ooo* :%~Zi m rnm»\ vm mmm I I ffli WW! Ml i tuna?.,101 words
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Page 7 Advertisements
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Advertisement339 1984-06-13 7 I blame him. "I can't understand what's happened, the driver left hours ago." (Drop that coffee and move!) "These airline people don't understand how to handle delicate goods like yours." (You should see the dent your freight left in his bumper when he backed into it. The warehouse is really339 words
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FEATURES
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Article477 1984-06-13 8 A COMBINATION of historical understanding, philosophy, hard economic facts, a little poetry and a bit of faith led Second Deputy Prime Minister SRajaratnam to the conclusion that the best investment opportunities are to be found in countries surrounding the Pacific Ocean. That was in March last year,477 words
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Article, Illustration743 1984-06-13 8 THE FIRST time government representatives of 140 countries met to discuss world population, they could not agree on what the biggest problem was. One group, comprising mainly the developed countries, felt that world population growth was the most serious problem facing the world. Many743 words
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Article, Illustration944 1984-06-13 8 RICHARD SEAH - By RICHARD SEAH GO FORTH and multiply, God commanded and Man obeyed. And the world now has nearly 4.8 billion people, plus plenty of problems. Ten years after the 1974 World Population Conference in Bucharest launched the first global attempt to grapple with the threatSource:; Source: Population Reference Bureau - 944 words
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Article, Illustration1602 1984-06-13 9 KATHY EVANS - The 44-month Gulf war has become an Islamic crusade that the Iranians cannot afford to abandon By KATHY EVANS FT THE YOUNG bearded man sits by a desk, below a portrait of Iman Khomeiny. He is one of the new parliament's more eminently qualified membersFT - 1,602 words
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Page 8 Advertisements
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Advertisement231 1984-06-13 8 A modern single-storey detached factory located on a prime site at Jurong. 6 GUL spacious, fully air conditioned offices of more than 5,000 sq ft suitable for electronics, computer St precision engineering companies. She Area Buih-up Area Asking Price fl Knight Frank 79,197 sq ft 37,400 sq ft SS3J2S million231 words
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Page 8 Miscellaneous
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Miscellaneous700 1984-06-13 8 I CRYPTIC PUZZLE ACROSS 1 Stolen time? (5) 6 Not exactly the right strength (5) 9 Keep going to make an offer (4, 3) 10 No maid I've left wandering (5) 11 Possibly a century to be angry about? (5) 12 Ted at Hompstead? (5) 13 One criticising a banger700 words
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Page 9 Advertisements
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Advertisement232 1984-06-13 9 Ran Am. First In Space i > The first thing you notice as you enter the First Class cabin of a Pan Am 7475P is the extraordinary feeling of space. First In Comfort And as you settle into your Space Seat, your Pan Am Sleeperette Seat® this sense of spaciousness232 words
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Page 9 Miscellaneous
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Miscellaneous912 1984-06-13 9 w cm ghdq® permission was given to film it. Written and narrated by David Thompson. (74 minutes.) Cosmopolitan Theatre Cervantes (Port 7) 9.20 pm, Channel 12 Cervantes, who has become famous for his novel, Don Quixote, moves to Valladolid. A stabbing fray outside his lodgings in June 1605, lands him912 words
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INTERNATIONAL STOCKS
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181 1984-06-13 10 Reuter REUTERS Holdings PLC said it has been told by the Abu Dhabi Investment Authority that it has bought just over 36.5 million Reuters "B" limited voting shares out of a total 106.8 million issued at the recent flotation of theReuter - 181 words
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175 1984-06-13 10 Reuter THE FEDERAL RESERVE has granted a request from Citicorp and issued a stay of its earlier approval of the application of Bank of Boston Corp to acquire Colonial Bancorp Inc, Connecticut. Citicorp contends Connecticut interstate banking law is unconstitutional because it discriminatesReuter - 175 words
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278 1984-06-13 10 UPI THE STOCK MARKET suffered its worst loss in more than a month on Monday in slow trading that indicated mega buck investors were not about to budge as long as interest rates remain at high levels. Rudolph Penner of the Congressional Budget Office saidUPI - 278 words
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Article144 1984-06-13 10 JUNC 11 C$ unch Hud Bay Mm Imp CM Inco 38 13* Akon 37* Int Prov Pipe kit Uts 27* 24* b Algoma Bank Moot Bank Novo Scotia B«4 Tel 21* 24 IK 29h unch Inft isfcckel Kerr Add Lotokjw B 17* 14* unch BP Can Ltd Brascon 23v*144 words
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Article182 1984-06-13 10 JUNE 11 tond Trust Bk 290 5 Un Steel 125 -2 INDUSTRIALS Urasec 560 unch Woolworth 1800 A Alpha 9256 MININGS Abercom 2006 A£ And a 930 450 unch Anglos 2460 -15 AMST 0 2900 Angl»ool 1420 -30 C G Smrth 2325 -25 undi CNA 290 Curne France 510182 words
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Article698 1984-06-13 10 JUNE 1| us$ ACF bidustnat AIcon AJumn Alcoa Alegharry |_ud AM Cham Cp AAad Storm Ak-Cholmtn Am Brands Inc Am Broadcast Am Can Co Am Cyanamd Am Elec Pot Am Exprtu Am Horn* Prod Am Moton Cp Am Natural Got Am Tel T«l Amox kK. Amerodo Hni AMF698 words
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445 1984-06-13 10 Reuter MERGERS and acquisitions can be expected to increase in the oil industry since some major companies failed to replace their output with fresh discoveries, Mesa Petroleum chairman Boone Pickens said. He told a seminar in London on Monday that both US and UK oilReuter - 445 words
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Article92 1984-06-13 10 Reuter WALT DISNEY Productions has fought off a threat to its independence by buying back 11.1 per cent of its shares held by financier Saul Steinberg's Reliance Group. The purchase on Monday ended Reliance's bid to take over Disney and netted the portly 44-year-old Steinberg aReuter - 92 words
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223 1984-06-13 10 Reuter PRESS REPORTS that the Royal Bank of Scotland Group PLC and Lloyds Bank PLC are close to a deal on the future of Lloyds and Scottish PLC as well as on a reduction of Lloyds' stake in the Royal Bank appear substantially correct,Reuter - 223 words
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Page 10 Advertisements
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Advertisement235 1984-06-13 10 THE BERKELY Experience the atmosphere of an English PUB at low prices! Oar set lunches are at {Sit and oar large drafts are at $4JI (Happy Hears 3pm to 7pm) We serve PUB FOOD like BANGERS BACON A MASH plus a wide range of WESTERN and LOCAL DISHES. OX-TAIL STEW235 words
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Advertisement112 1984-06-13 10 pt# afe your very own retreat i i f* rin/ At Scotts Cafe, we serve ail your tastebuds' fancies from delicious Western cuisine to mouth-watering Oriental dishes. Set in an intimate atmosphere surrounded by red brick walls, wrought-iron lamps and lushi greenery. HulfcL AS^rourWindlnaingipow HOTEL ASIA PTE LTD 37 Scotts112 words
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Advertisement157 1984-06-13 10 A, V*l band group. TV-v will rive live entertainment while you wa u w ith your favourite sink into our cosy _frct comdrink. Both groups have com bination to put you in a wonderful mood. business HOURS <00 100 lm P™*"" T gKSS'A drinks. UveEnwuinrnw. Fran 600 pm onwards PRESIDENT157 words
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Advertisement120 1984-06-13 10 London stocks, Pago 15 &Vrmnd Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/CHINESE/ Trvvrirrr^ Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At Sl6/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 40 And Above. Taped Disco Music for your120 words
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Advertisement136 1984-06-13 10 Bar-B-Qw Fresh Seafood caul Wn? Meat Cuts Treat yourself to our dmootl-frillcd specialities. Lunch Dinner JAPANESE GARDEN COFFEE HOUSE Open 24 hours daily Free Ample Parking fir**' H W2 ZPS 35 V jf/ A V 4 Pi Cockpit INTERNATIONAL PTE LTD 6/7 Oxtey RiM/Fanang Road. Singapore 0923. Tal *****11 *8136 words
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ASIAN STOCKS
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Article397 1984-06-13 11 HONGKONG: Prices closed lower yesterday after a day of slow and featureless trading. Cheung Kong eased five cents to HK$B.65, China Light 40 to $11.90, HK Land 7.5 to $3.15, HK Bank five to $6.30, HK Wharf 10 to $3.65, Hutchison Wharapoa 30 to $11.50, Sun Hung Kai Properties397 words
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Article235 1984-06-13 11 JUNE 12 Al Sincere Indus MT 850 31 00 -0 15 Chem Indus Lien Hwo Indus 23 00 1280 36 60 -0 1 -03 05 Pocihc Cons 31 60 04 Cathay Con* Chang Hwo Bonk 32 40 56 00 26 70 03 -05 02 Pocihc Elect Wire Poolung Poper235 words
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Article380 1984-06-13 11 TOKYO: Prices closed sharply lower yesterday on persistent liquidation and profit-taking in blue chips and populars. The market average fell 52.00 to close at 10,324.83 after gaining 25.90 on Monday, on volume of 400 million shares against 360 million on Monday. Concern about a possible rise in US interest380 words
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Article89 1984-06-13 11 June 12 Won Hyundai Corp Hyundai Motor 665 575 5 -5 Bonk Seoul Choheung Bk Commericol Bk DocWri lod Daewoo Corp Daewoo Ind Dong Ah 700 665 710 586 392 587 668 1 -9 unch -15 -3 unch 2 KAL Korea First Korea CM Korea Sf*p Lucky Ltd Somiung89 words
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Article415 1984-06-13 11 SYDNEY: Australian share prices closed weaker yesterday following a fall in the international bullion price and a sharply lower Wall Street close. Near the close the All-ordi-naries index was 13.9 down at 666.0, the All-industrials index was 8.9 off at 921.3 and the All-resources index was 17.3 weaker at415 words
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Article164 1984-06-13 11 BANGKOK: Prices closed mixed yesterday with cement groups featuring. Tlie Book Club index rose 0.49 to 118.14 on turnover of 92.3 million baht with 276,559 shares traded. Siam Cement rose eight baht to 423 and Siam City Cement six to 398 while Thai Farmers bank dropped two to 232164 words
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64 1984-06-13 11 AFP SUMITOMO Rubber Industries of Japan signed an agreement yesterday to buy four tyre plants of Britain's Dunlop Holdings, a Sumitomo spokesman said. The agreement was signed by Sumitomo chairman Shinichi Saito and Dunlop president Alan Lord at the Japanese company's head office inAFP - 64 words
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354 1984-06-13 11 Reuter HITACHI Ltd will pay International Business Machines Corp between US$2 million and $4 million a month over the next eight years as a result of the previously announced settlement of a software theft suit filed by IBM, a Hitachi official said. Kouichi Kanzaki,Reuter - 354 words
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226 1984-06-13 11 FT HITACHI achieved record group sales and net profits for the sixth consecutive time in the year of March. Net profits improved by one per cent to 167.1 billion yen and sales advanced by 11 per cent to 4.367 billion yen. Net profits perFT - 226 words
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Page 11 Advertisements
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Advertisement428 1984-06-13 11 3ft P T 1 ft i* yjjjj.i t!ljfptfw' ila ■HMMM 5? Si IfSfc a J, XjoeißJet Relish the pick of this season's fresh, juicy asparagus served as an appetizer, in a soup or as a main dish. With a choice of wines by the glass to perfectly complement your selection.428 words
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Advertisement312 1984-06-13 11 Why Vietnamese food is so popular? Hie answer is at our place. CLUBHOUSE Vietnamese Restaurant A dhrWan of Singapore Tennis Centre 1020 Cast Coast Puilmwy Singapore 1544 Reservation call: *****66 The Best Vietnamese Cuisine in Town 50 Popular Dishes at your choice Dinner: Traditional taste, Tropical atmosphere, Reasonable price. Lunch:312 words
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RAW MATERIALS
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Article320 1984-06-13 12 SINGAPORE The market closed slightly higher yesterday with July One RSS buyers quoted at 193.50 cents per kilo, up 1.50 cents from Monday. The morning session was marked up two cents on light buying of nearby One RSS in quiet trading. Prices eased marginally in early afternoon on some320 words
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Article48 1984-06-13 12 THE Straits tin price in Penang yesterday firmed six cents to M 529.27 a kite. Turnover fell to ISf tonnes from 18S on Monday, and no foreign concentrates or rationing was detected. v. T| N Straits Tin 29.27, up six 1 L Turnover: 150, down 3348 words
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Article90 1984-06-13 12 (in cants/1 tor i pallets) July August (current mth) (forward mth) NOON NOON RAS Buyers Sellers Buyers Sellen SSR20 192.00 194.00N 194.00 I96.00N SSR50 190 00 I92.00N 192.00 194.00N MRELB Buyers S«ll<n Buyers Sellen SMRCV 246.50 248.50N 248 50 250 50N SMRL 246 50 248.50N 248 5090 words
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Article311 1984-06-13 12 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Buyers S*Ntrs Buyers bit 1 RSS prompt 188 50 189 50N 188 75 189 75N Int 1 RSS July 193 25 193 75 ***** 194 00 Int 1 RSS August 197 50 198 00 197 75 198311 words
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Article146 1984-06-13 12 MALAYSIAN crude palm oil prices yesterday closed firmer on covering and speculative buying sparked by Pakistan's presence in the market at its weekly tender. The refined market was featureless on lack of interest. Futures recovered to close higher on covering interest prompted by Pakistan's presence. Turnover fell to146 words
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Article131 1984-06-13 12 CHICAGO wheat futures closed 3'/« to 2 1 /< cents a bushel higher on Monday in extremely light trade, ending near the top of a four-cent range. Exporter and professional buying of July, possibly in anticipation of lower than expected numbers for the Usda winter wheat crop report, supported131 words
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Article130 1984-06-13 12 Yarn (tn HK$ per bole of 400 lb) China carded yarn, cones Sue Phoenix 16's 3,500 Blue Phoenix 20's 3,550 Blue Phoenix 32's 4,000 Blue Phoenix 40'» 4,500 Carded yarn, hank Blue Phoenix 21's 3,600 Combed yarn, cones Blue Phoenix 32's 5,600 Blue Phoenix 40's 5,800 Open-end yarn Blue130 words
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Article113 1984-06-13 12 SOYBEAN futures closed seven to 4V4-cents a bushel higher in moderately active trade in Chicago on Monday, turning around from lower midsession levels. Prices closed near the top of a 22-cent range. Commercials and professionals turned buyers after midsession, as the market simply ran out of sellers and moved113 words
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Article950 1984-06-13 12 COFFEE Robusta futures closed a quiet morning session yesterday £25 to £7 a tonne lower from Monday night, as values retreated to session lows by midday on commission house selling. September traded last at £2,254, down £26 from Monday night and compared with an early peak of £2,290.950 words
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Article294 1984-06-13 12 Singapore C-l special C-l Ordmory Loonzan 100% unq unq (SS/k*0, ei-godown) Thai white frst grade i«q 100% 1st doss (kangaroo) 100% second grode 100% th*d grade 255 unq new crop 105 Parboiled 100% 2nd class 077 5% 265 260 100% 3rd class 075 10% 25% n«w crop No stock294 words
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Article143 1984-06-13 12 Chinese Produce Exchange (Setters' noon doting pnces on June 9. SS/100 kg) Coconut oil Bufc FOB 240 00 Old drum FOB 253.00 New drum F06 257.00 Copra Mixod (loose) 125.00 buyers Pepper Muntok white FOB NLW 642.50 Sarawak white FOB toq NLW 635 00 Sarawak special block FOB143 words
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Page 12 Advertisements
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Advertisement83 1984-06-13 12 V 3 ft f m 0 *2 Revelas/w? Some publications will tell you how many of their readers have university degrees. Others will tell you how many of their readers have three wrist watches. 4 We tell you that a third of Shin Min Daily News readers read no other83 words
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SHARE INFORMATION
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Article, Illustration4105 1984-06-13 13 IN LINE with the plunge on Wall Street on Monday, share prices fell sharply across a broad front at the Singapore stock market yesterday. At the close, the BT Composite Index lost 11.50 points to 843.19 while the Straits Times Industrial Index plummeted4,105 words
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Article222 1984-06-13 13 SINGAPORE Rises Tewariofc 920 20 Grand Control 270 +4 M T f 284 +3 Kootodiy Sporo 468 +2 Motol lot Sport 290 +2 Sport B«t 229 +2 M Gion 186 +1 UOL CUtS 90 +1 ANA Notofc 87H 0V* Falls Indices turn 11 854.69 IT Motor *****12222 words
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Article539 1984-06-13 13 A SHARPLY lower overnight close on Wall Street led to another easier session at the Kuala Lumpur stock market yesterday. Trading remained quiet. The 15-point loss on the overnight New York market was reflected in early trading on the KL market as prices were dealt539 words
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Article2855 1984-06-13 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".2,855 words
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Page 13 Advertisements
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Advertisement8 1984-06-13 13 OuiiruM don on tho KLBE 800 Pago 148 words
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COMPANY NEWS
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Article, Illustration600 1984-06-13 14 THE UNITED Motor Works (M) Holdings Bhd group is moving into new ventures to enhance its long-term profitability. Chairman Senator Tan Sri C Selvarajah said the accelerated action to embark on new ventures will offset the cyclical effects on its existing business. He600 words
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Article105 1984-06-13 14 HONGKONG Australian Industrials Hong Seng Index Tuesday 921.3 Monday Closed Tuesday 958.90 Week ago 925 2 Monday 966.12 Week ago 932 44 NEW YORK TOKYO Dow Jones Monday 111 5.61 Tokyo Dow Jones Friday 1131.25 Tuesday ***** 83 Week ago 1131.57 Monday *****.83 Standard and Poors Week ago105 words
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Article207 1984-06-13 14 Monogers' prices for June 13 Singapore Unit Trust The Commerce 3.19 3 39* The So«ngs Fund 193 2 0S S'pore Prog Fund 142 1.51 S'porc Sac Fund 2.17 2.30 S'pore Invest Fund 1.17 1.24 S pore Equrty Fund 1.41 I SO Asia Unit Trust Mol Invest Fund 2.57207 words
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Article2314 1984-06-13 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets in lota of 1.000 units unless otherwise specified. INDUSTRIALS Alcom (2 226 2.245) (I I) 2 25 (4)2,314 words
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Article81 1984-06-13 14 Reuter ARTHUR Guinness it Sons PLC said its board views the future with considerable optimism due to recent reorganisational and development measures. It will continue to invest in its own brands in order to develop a truly international business. It has embarked on a growth programme inReuter - 81 words
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598 1984-06-13 14 HONGKONG stockbroking firm Sun Hung Kai has rated Jurong Engineering Ltd (JEL) shares as "worth a stag". Based on the offer price of $1-75, the prospective P/E ratio stands at 11.3 times which compares favourably with the average of 25 to 30 times598 words
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Article257 1984-06-13 14 SOUTH-Eaat Arta Devetopmeat Carparatiaa Berhad: 21st AGM on June 15 at noon in the Registered Office, 9th Floor Bangunan Hong Leong, Jalan Bandar, Kuala Lumpur. SPP tinted: 14th AGM on June 16 at 10am in Registered Office, 315 Alexandra Road (0315). UNITED PlaatattMs Bethad: 63rd AGM on June257 words
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160 1984-06-13 15 STRAITS Trading Company Ltd disclosed yesterday that it made a surplus of about $24 million (subject to charges) from the sale of 11.57 million shares in Carlton and United Breweries Ltd (CUB). The CUB shares were sold to Elders IXL for160 words
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190 1984-06-13 15 Directors and shareholders buy a total of 130,000 L M shares INTEREST in the newly listed LAM Investments Ltd was reactivated in the Stock Exchange of Singapore last week as a result of the purchase of a total of 130,000 shares by its directors and substantial shareholders, Mr Tony Chan190 words
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Article, Illustration112 1984-06-13 15 SINGAPORE International Merchant Bankers Ltd has appointed Mr Richard Crowder (above) as its new managing director. He replaces Mr Nicholas Ferguson who has held the post since 1961. Mr Ferguson will be returning to London in July and will join the executive committee of the112 words
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305 1984-06-13 15 AMY BALAN - By AMY BALAN INVESTMENT management activities will feature prominently in the newly acquired merchant banking arm of the Hill Samuel Group. Hill Samuel Merchant Rank Asia Ltd, which took over the operations of Temenggong Merchant Bankers Ltd, is aiming for a fee to lending earnings305 words
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Article90 1984-06-13 15 SELANGOR Properties Bhd achieved a 48 per cent increase in group pre-tax profits to M 530.56 million for the six months ended April 30, 1964, and NOT $20.53 million as reported in BT yesterday. The latter was the profit figure for the previous interim. After a sharply90 words
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Article36 1984-06-13 15 MR PETER Tham Wing Fai's shareholdings in Growth Industrial Holdings Ltd have increased to 8.8 million shares, following a 1-for-l bonus issue. The stake represents a 14.82 per cent interest in GIH.36 words
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Article875 1984-06-13 15 THE market closed lower yesterday after a dull session. At 3pm, the FT 30 index was down 7.3 points at 830.8 and the FT-SE 100 index had fallen 11.0 points to 1064.9. Yesterday's closing middle prices of selected stocks, excluding stamp duty, were: INDUSTRIALS June 12 Pane* Alt—i875 words
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479 1984-06-13 15 MULTI-PURPOSE Holdings Bhd is facing serious opposition from some disgruntled shareholders over its proposed one-for-three rights issue to raise M 5150.21 million. A barrage of questions awaits the board of directors at the company's extraordinary general meeting this Friday. Significantly, this group of shareholders479 words
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195 1984-06-13 15 PROPERTY-BASED Malaysian Resources Corporation Bhd (MRCB) is making further inroads in the financial sector. The Malaysian Minister of Finance has approved the company's subscription of shares representing 20 per cent in the equity of a finance company called Kewangan KGN Bhd. The remaining 80195 words
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210 1984-06-13 15 TIMES Publishing Bhd has disclosed that its sale of 4.59 million shares in the New Straits Times Press (Malaysia) Bhd was made to Daza Sdn Bhd of 14th Floor, No 2 Leboh Ampang, Kuala Lumpur. The company told the Stock Exchange of210 words
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Page 14 Advertisements
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Advertisement895 1984-06-13 14 (innd) GOLD COIN LIMITED v&G NOTKI OF ANNUAL GINIRAL MIITING NOTICE IS HEREBY GIVEN that the Twenty-First Annual General Meeting of the Company will be held at its registered office, at 14 Shaw Road, Singapore 1336 on 29th June, 1984 at 12 noon for the following purposes: As Ordinary Business895 words
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Page 15 Advertisements
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Advertisement216 1984-06-13 15 BUSINESS MACHINES SYSTEMS... SYSTEMS ESSENTIAL FOR DAILY OFFICE EFFICIENCY. Uj* MICR Encoder Model FS-8000 Compact Design, Easy Operation, Low Noise Console Type. r ~Z Features: Hopper (300 documents) Display: 21-digrt Display Guide/Warning Lamps Programming: 16 Encoding Programs Encoding Speed: 26 Characters per second Processing Speed: 80 documents per minute Journal216 words
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422 1984-06-13 16 International Business Conference \\x_yLjjtl/ June 12-13, 1984 A PRAGMATIC way to begin a Pacific Basin Community would be to take a building block approach at sub-regional levels. This would break the task down to more manageable proportions, and with government involvement, the concept of422 words
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460 1984-06-13 16 PRUDENCE is needed by developing countries in shaping their growth policies in a still uncertain external environment. Although the recent favourable trends in the world economy are expected to continue, recovery is still unbalanced, limited to only a few, albeit major, industrial countries,460 words
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Article, Illustration200 1984-06-13 16 THERE are two ways of finding an electric cable buried under the ground. The first is by accidentally digging it up which can be a shocking experience. It can also mean power cuts and possible court appearances. The second was the subject of a live200 words
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472 1984-06-13 16 ZHOU MEI - By ZHOU MEI, Economics Correspondent FOR THE first time, the annual Pacific Trade and Development Conference is to be held in Singapore. The conference is a forum for top economists of the Asia-Pacific region, many of whom are academics, but practically all are or472 words
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449 1984-06-13 16 SOH TIANG KENG - By SOH TIANG KENG Banking Correspondent WITH three months to go before the launch of financial futures, the Singapore International Monetary Exchange has opened its doors to 123 members holding 205 seats. It plans to sell a' maximum of 300449 words
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Article64 1984-06-13 16 WALL Street stock prices were lower in early trading yesterday as investors continued to react to worries about rising interest rates. The Dow Jones Industrial Average was down more than three points to under 1113 after falling more than 15 Vi points on Monday. Overall, losers64 words
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89 1984-06-13 16 AFP TRADING in financial futures will begin in Singapore before Hongkong, if Singapore's target date of Sep 5 is accurate, a Hongkong Commodity Exchange (HKCE) spokesman said in Hongkong yesterday. Plans by the Singapore International Monetary Exchange (Simex) to trade in currencies, interestAFP - 89 words
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LATE FILE
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Article37 1984-06-13 16 Reuter FOUR members of a sixman US team arrived yesterday to brief Thai officials on Thailand's plan to buy a squadron of advanced F-16A fighter aircraft, US embassy officials said. ReuterReuter - 37 words
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Article34 1984-06-13 16 Reuter SOVIET President Konstantin Chernenko yesterday opened a long-delayed Comecon summit with his country's closest allies aimed at charting a path to greater integration among the communist bloc economies. ReuterReuter - 34 words
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Article32 1984-06-13 16 AFP POPE John Paul n began a six-day pastoral visit to Switzerland yesterday with a brief stopover in Zurich before travelling to Lugano to celebrate an open-air mass. AFPAFP - 32 words
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Article35 1984-06-13 16 AFP THE recently launched communications satellite Intelsat V-F9 has cleanly separated from its faulty rocket and is in good condition, raising the possibility that it might someday be retrieved. AFPAFP - 35 words
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Article34 1984-06-13 16 AFP NORWAY has completed a gas pipeline, known as the Statpipe, designed to supply natural gas to West Germany, France, the Netherlands and Belgium from 1906 to the mid-*****. AFPAFP - 34 words
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Article29 1984-06-13 16 UPI JAPAN told the US and Soviet Union yesterday it was time they accepted their responsibilities towards the world by banning all nuclear tests. UPIUPI - 29 words
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34 1984-06-13 16 Reuter SOUTH Korea accused the North yesterday of firing across the border in the demilitarised zone dividing the Korean peninsula, the first such accusation this year. ReuterReuter - 34 words
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Article35 1984-06-13 16 Reuter INDONESIA'S exports, including petroleum, totalled US$5.l3 billion in the first three months of 1984, 27.1 per cent up on the corresponding 1983 period. Crude oil exports rose to US$3.O6 billion. ReuterReuter - 35 words
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Page 16 Advertisements
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Advertisement87 1984-06-13 16 Nakasone smi shift, Pag* 5 The only Car Rental Company in Singapore that offers chauffeur driven Cadillacs! 7TK 9 F I t. c. r 2 Hourly rental at SsBo. Minimum rental is three hours. Daily rental at Sss6o. for the first eight hours. A surcharge of Ss2o per hour is87 words
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Advertisement250 1984-06-13 16 Enjoy the convenie H W 3-storey Terrace Z HIB V Loading/ Unloadii inHHI Individual Bin Cer CONTAINED ONLY 18 UNITS AVAILABLE! 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 Carpark Facilities 3 tonne hoist crane250 words
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Page 16 Miscellaneous
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Miscellaneous54 1984-06-13 16 Outlook for today: Foir; showers in certain areas in the morning. Report for 24 hours prior to 7 30pm on June 12 at the airport: Maximum temperature 32.6 Associated humidity 62 Minimum temperoture 25.9 Associoted humidity 90 Hours of sunshine 8.40 Rainfoll in millimetres Nil Rainfoll this month 216.8 Rainy54 words
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SHIPPING TIMES
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326 1984-06-13 17 FMC drops its case against two Philippine companies THE UNITED States Federal Maritime Commission (FMC), has dropped its case against two Philippine lines serving the Philippine-US trade. The FMC proceedings against the Maritime Company of the Philippines (MCP) and the National Galleon Shipping Corporation (NGSC), were earlier taken in reaction326 words
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Article, Illustration529 1984-06-13 17 LINDA CHEE - By LINDA CHEE FRANCO-BELGIAN Services has started replacing its three steam-turbine ships on the Far East-Eu-rope trade with more fuelefficient tonnage. A new container ship, the Maeterlinck, sailed from Antwerp on June 1 and will make its maiden call at Port Kelang529 words
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PORT SIDES
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Article51 1984-06-13 17 Reuter URUGUAY will allow Taiwan to use its ports for transhipment of Taiwanese products to Latin America under an agreement signed after five days of trade talks, government officials said. Taiwan will help Uruguay set up free trade zones and will send agricultural experts there, the officials said.Reuter - 51 words
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Article708 1984-06-13 17 Shipping Ltn* Pag« Col AbtM Tromport Atao Ahr*nk»l AC Toaptar Aipoc Antoro Shpg APC L«e APL Arrow Lm ASCL Avabrokar Atkn Inat Auitoua L#w Balt-Onant Baltic Ent Bangkok Coot Bank Lma BBS Ben Lm Bkja Star BoN« Shpg BSC Una Burma Frva Star Cameroon Shpg CC Lm708 words
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Article851 1984-06-13 18 AFP GRAIN rates fell to near six-month lows on the freight market last week, but Indian government charterers were forced to pay more again for their fertiliser cargoes. The summer recess appeared to grip the US Gulf grain sector, where in very slack trading conditions, rates to JapanAFP - 851 words
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394 1984-06-13 18 A NATIONAL plan would be needed to develop a regional, deep-draft multipurpose seaport to serve as the nucleus for an integrated system of United States North Atlantic ports, said Mr James O'Brien, deputy director of the Port of Oakland. Speaking at the recent International Conference394 words
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Article75 1984-06-13 18 Reuter INDIA'S director general of shipping has given domestic shipping companies permission to sell 19 old ships as scrap, a government statement said. All but one will be sold within the country. The statement said the government has agreed that a seller will not be requiredReuter - 75 words
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Article1755 1984-06-13 18 QUIET grain fixing with rates tending easier where changed was again evident on the tanker market on Monday while continued fertiliser activity was seen on Indian government account, shipbrokers said. Grain from the US Gulf to Morocco received U5512.50 compared with similar fixing towards the end of May1,755 words
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Article204 1984-06-13 19 Reuter THE WAR risk insurance premium for oil cargoes from the southern end of the Middle East Gulf, excluding Iran, has been raised to 0.1 per cent from 0.05 per cent, marine insurance brokers said. The new rate will apply to the area south of 27Reuter - 204 words
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260 1984-06-13 19 THE SIX former vessels of the collapsed Hellenic Lines empire put up for sale by a syndicate of international banks could bring in over US$3O million. The syndicate of banks, led by the US major Morgan Guaranty, have employed the services of260 words
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644 1984-06-13 19 AP THE CRISIS caused by attacks on oil tankers has come at a time when Gulf shippers were already suffering economically due to declining oil exports and the passing of the 1970s construction boom, industry sources say. Trading and shipping sources, whoAP - 644 words
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Article129 1984-06-13 19 Reuter A SEASONAL decline in grain movements from the United States has produced a sharp fall in freight rates for grain vessels of around 50,000 dwt with June loadings from the US Gulf to Europe and the Far East, shipbrokers said. The rate for grainReuter - 129 words
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Article193 1984-06-13 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. AMRO (STRAITS/AUSTRALIA): Australian National Line. Australia193 words
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4385 1984-06-13 24 SQIMDgEB 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 of4,385 words
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Article698 1984-06-13 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location E Pioneer 1759W .13.6.84 2359 G Asia FSB 1000-1200 L4 E Guard *****E 14.6 84 0700 Green Asia FSB 1000-1200/1800-1900 L4 SA Vaal 5715F 14 6 84698 words
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Article1780 1984-06-13 25 The leading shipping lines operating from loeal ports and their agents. A-B AFEA African Shipping Agencies (Si Ur*-K>ruU Liae Transgroup (Si *hreaklel Liaer Service Kim Shpg <S> Alfred C Taepfer Oceanus Shipping Agency (S) Manntex Enterprise (PK) Alpar Intrasea (S) Bin tang Shpg <KL> Island Cargo1,780 words
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Article449 1984-06-13 26 AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES Arrow Queen Builder Pros Trader Anjin No 11 Hugheverett Jamal Shah Jenhol Kota Ria Makmur Ned Loire Pearl Pestovo Rajah Brooke Silver Star Yu Heng2 PASIR PANJANG Berth 44 21E 19 15/6 38/9 10/11 25/6 13/4 21 44 35/6 31/2 20W449 words
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Page 17 Advertisements
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Advertisement259 1984-06-13 17 m X Published and Distributed bv FEDERAL PUBLICATIONS 2 Jurong Port Road. Singapore 2261 A member of The Times Organisation JSUZT' Llffi'J lARDIXK A XT AH U ORIENT OVEIQEAS Go*Ucint\ LINE FULLY CONTAINERISED SERVICE 10 FUROPF VIA SUE? •S SEAS BUDGE UN OCVM.ER »oa 39W N. GARNET 20* MMTUUHCX zm259 words
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Advertisement342 1984-06-13 17 SEALORI): 3 1 UASC UNITED ARAB SHIPPING CO SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTIPURPOSE SERVICES FULLY CONTAINERISED SERVICE KKIIM I.U'AN TAIWAN llnM.kOV. I Spin MQ HI Ml 111 DON HH W Al NAJBA J 11/4 24/4 25/4 30/6 2/7 1/7342 words
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Advertisement27 1984-06-13 17 LONDON Freights 11/11 l WEEKLY Freights II CONSORTIA 111 SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Weather X27 words
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Advertisement888 1984-06-13 17 TIMES ■I liusiness I )in <i<>r <>l m »rr DEVELOPED OVER A PERIOD OF 84 YEARS (BUKU MERAH) MAERSK LINE EXPORT FASTEST SERVICE TO USA EUROPE TO l S PACIFIC. GULF. ATLANTIC. FAST CANADA. INLAND POINTS |EQnaEEC23rT7 UWIXIE7»? 1 M RANDO I.K I I M RANDO 28-28/6 29 30/6 5-5/7888 words
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Page 18 Advertisements
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Advertisement286 1984-06-13 18 rnlmm FAR EAST/EUROPE CONTAINER SERVICE To Europe. From Eurooe B. BUTANG I 17/6 N DEJRM 24/6 B SURIA 1/7 |TOYAMA 8/7 29/6 NIHON 17/7 24/7 31/7 7/8 14/8 29/6 6/7 Mm ftr 1) Barcelona. Genoa. 2) Amsterdam Antwerp. L Havre. Basle. UK. 3) Bremen. Bremerhaven. Aarhus Copenliagen. Helsinki 4) Malmo286 words
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Advertisement509 1984-06-13 18 Singapore Jakarta ay a" Nedlloyd-your direct link to New Zealand It's not a boast but a commitment to the thousands of satisfied clients of Nedlloyd. Our name has been synonymous with first class service in this part of the world Southeast Asia, New Zealand and Fiji. rlbday, four modern multi-purpose509 words
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Page 19 Advertisements
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Advertisement809 1984-06-13 19 COHTMOSHP SERVICE TO/FROM BANGKOK STORE BKOK PEGASUS P*OE V33ON |R tat/13 kn 15-10 km PE6ASUS PROE V33IN U M tm 22 23 km BANGKOK AGENTS: BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH, SARAWAK AM) BRUNEI HSTooT" China Navigation Co. FULL COWTAaP sum. TO PRHM «W CM*A Win Spare809 words
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Advertisement531 1984-06-13 19 Franco Belgian Services rTg hur hast hrcnch St*rvia* With Itrltfinn hur h.ustcrn I int's Mpmhcf O* Ace Consorln fuu cowmpbw sowct to turn nu cowMoar soma fmm eumpe STOBE fKOMCLiHmrta fStww Han B>to»w Art SE*E* SEAS BHDGE 17 km It la 6 M 7JU IM 11 M 12 M 14531 words
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Page 20 Advertisements
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Advertisement660 1984-06-13 20 rn 1 Hapag-Lloyd TO CONTKNT UK EXPORTS Hkanf 11press Cardfcan Bar Cjrifjn Bay K JWf j Maru Connecting m Tokyo Connecting in Kobe "Aho accepting cargo for ATLANTIC 4 GULF PORTS via rmmtondbridge, and US MID-WEST by microbfidge FROM CONTINENT UK IMPOR IS tfbw| Blum Rdam lahavre S tan Ifx660 words
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Advertisement381 1984-06-13 20 LINE 1 FULLY CONTAINERISED SERVICE Ko*(* i» *L EIJROPf via SIK (UROPf VIA FROM SUEZ NEPTUC GMICT IK MAETEXIMCX If KOKJIN CHANCt 17E Member ot the Ace Conor turn Memoer ot the Ace Consortum Buun T*ro 24 6 30/6 30/6 6 7 5/7 12/1 7/7 10/7 FUUY CONTAINERISED TO FROM381 words
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Advertisement566 1984-06-13 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE accepts rn t ici cargo tor UP nu «G FLI ASM MM im 15/ M M/M M/ 07 M/ 07 10/07 U/|7 13/07 (t«GM» 25/ M K/M 17/17 10/07 21/07 22/17 24/17 (Mi Curt M/ 07 17/17 21/17 M/ 07 01/ M 02/ M566 words
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Advertisement967 1984-06-13 20 KIE GWAN SHIPPING (M) SDN. BHD. No HA MIAN BERANGAN PORT KELANG SELANGOR MALAYSIA TEL: Not *****2. *****5 *****2 *****4.*****2.*****7 ft. MALAYSIA/S PORE TO E. MALAYSIA SERVICES P KLANG tHATI StNANG KKNu. Skan. I Oatu Tawau In Pt 17 Jut* P KLANG tHATI SENANG KKblu. S kan. I Oatu Tawau967 words
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Advertisement218 1984-06-13 20 US I NOSE u MARITIME PTE LTD Ktfvl ISLAMIC REPUBLIC OF IRAN SHIPPING LINES PORT KELAMG PfNANG IRANIAN SERVICES Lm*K lt/S 8 Abtov 8 Xhamaaa SRIOSE MARITM PTE LID TEL *****44/7 t *****70 MALOSE MARITM SON BHD 10 *****2/3 MALAYSIA TRADE i TRANSPORT LID T«t ***** t ***** KYOWA LINE218 words
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Page 21 Advertisements
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Advertisement517 1984-06-13 21 PI Li GROUP EAST AFRICA/REDSEA SERVICES YESSEL VOYAGE SINGAPORE LOADING FOR: KOTA AGUNG E-507 lt-21/6 DJIBOUTI, HOOEIOAH, JEDOAH, AQABA, PTSUOAN, MOMBASA, O't KOTA BEJATI E-509 4-7/7 HOOCIOAH. JEDOAH, AOABA KOTA SALAM E-Sll S-10/7 HOOEIOAH, JEDOAH. AOABA, PTSUOAN KOTASEGAR E-513 10-15/7 TAMATAVE, MAPUTO, D'SALAAM. MOMBASA. MOGADISCIO VOYAGE -300 -302 COLOMBO/CHITTAGONG/RANGOON SERVICES517 words
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Advertisement286 1984-06-13 21 MALAYSIA SHIPPING CORPN. SDN. BHD. VESSEL VOY PENANG P KELANG LOAOMC FOR KCTAHAMPNN 5/M 15-21/0 KK/SXN/TA KOTABAHAGM 5/M lnPt-16/6 KU/KK/SKN KOTA BEXLIAN 5/M 21-26/S KK/SXN/TA KOTANMH 5/M 29-1/7 2-7/7 KUC/KK/SXN Agents SINGAPORE Pll IfL ??***** P KELANG SEI AT AN AGENCY IFI 3880b6 *****3? Kl SELATAN AGENCY TEL ??1889 ??681?286 words
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Advertisement761 1984-06-13 21 I BENLINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE 10 EUROPE HwiwfTipim HunbaWt Eiprtss Bma«tn Honftonj Eiprtss CarOfan Bar BcvuMvf LntrpM B*y Br«nm Eiprtss Hw*w| Eiprtss EUROPE FROM EUROPE HMI BHAff Tokii Eiprtss SM SaAtd Btruwr SaRN SjM toonf Eiprtss M SaiM Card* an Bar Sadtd 13/6 ftnata Mm 12/9 14/761 words
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Advertisement558 1984-06-13 21 DJAKARTA LLOYO INDONESIAN NATIONAL LINE Far East S'pore Service Full Container Vessel Buun Yoko- Kobe Kao Spore NAJAPMT shiunf 2®/« 21/8 24/€ 5/7 7/7 COW* *10 OB 11/7 14/7 18/7 20/7 25/7 27/7 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE S'PORE P KELANGTIBURY R'DAM/ H"BURC ANTWERP LDN ADAM BREMEN MATARAM V9WB 3/7558 words
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Advertisement579 1984-06-13 21 ■JH BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore PKelong Penong Poon V 72 12/14 June Htontowywo 25/27 June Poon V 73 1/3 July \> BANKUNE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG CLYDEBANK 11 July 5 Aug 12 Aug579 words
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Page 22 Advertisements
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Advertisement655 1984-06-13 22 k. b. K LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND via IPI MICROBKIDtiE ft MINILAND BRIDGE) FEEDER/ ASM STAR V 24 MONTE RUBY VIS T.N. BRDGE V2OE KANSAI PIONEER V3SE KOREAN lACEWN V24E ASM STAR V 25 MONTE RUBY Vl9 MOTHER VESSEL PKLG PENANG STORE655 words
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Advertisement503 1984-06-13 22 .1 Accepting Break bulk and containerised cargoes Direct to South Africa Dvbjn Bay CTa«n £I*. t Containtt I BteaAbwtt I U VAAL S7ISF NED COKMO VMIIF OSAKA MMU 5715G S A VAN on STU VIM U/6 25/4 27/$ 11/7 Jt/| 21/» 15/7 13/7 27/5 31/5 JMOIC SMPfMG AGENOES (Rej. *****4/503 words
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Advertisement625 1984-06-13 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE to*** lo> lOS ANGELES SAN FRANCISCO. SEATTLE TACORM VANCOUVER BC Accephnf ECI/fa Cant**,, iTTi, '~*5" AUSTRALIA EXPRESS CONTAINER SERVICE Acctptoif fa/fa Cant mm Aha Kceptnf (mi P IfOnj I. AecA'lM/lrtl Clow* >1 PSA. C 0 U G4o 31/32 M i?oo m i; 6625 words
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Advertisement574 1984-06-13 22 SANKO ASIA FROM JAPANESE FONTS ANO HONGKONG m GOLDEN LINE MM WAN SHtPPWK (fTI)ITD (■MI Tmi hi mm la* M C*d Sknt wutm iim id »i*m (ii LMS) I# lob tun r lata* ami STRAITS/PERSJAN GULF SERVICE: Stolt f GOLOCN 9*SON Colombo Mouqaboos Oub»'B*i s II ?0 kew GOIKN CfTT574 words
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Advertisement600 1984-06-13 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 International Plaza Singapore 0207 Tel *****1 1 HO Lines! <► BREAKBULK SERVICE TO EUROPE/UK FORT NELSON 88M907 S pore f Ketonf load** tar--23/8 8/7 SHE/ROTT/ANT/M* 0 ALPAC LINE NVTI AFBICA ALPAC ASM 16SNB S pore P Kelang loadnf tar: Sated Dwtoan Tamalave,600 words
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Page 23 Advertisements
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Advertisement576 1984-06-13 23 TO EUROPE/UK (VIA SUEZ): SS BUDGE 46W+ C PAW. 40W C CONTAINER 26W. MAETERLINCK TH 116/7 17/7 4/8 5/8 */e Also accepting cargo to/from Scandinavia +S S BRIDGE S pore Closing Times: FCL Cargo 1400 16/6 LCI Cargo 0200 16/6 FROM EUROPE (VIA SUEZ) C ROZE 38E N GARNET 19E576 words
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Advertisement465 1984-06-13 23 I HEUNG-A SHIPPIN Korean Flag Vessels nrmw SEMI-CONTAINERISED DIRECT SERVICE TO 1 Hi I Ovum «0y» ami tout Ik J Dnm 40 JK to i Oman 4MN Kjfcl A ,(N' WPTIINI AGf NCIf S Pit 110 lei 27*9977 ?78'>4i4 ißookm t i) *****10 *****7? (Operations) 777?48/ *****84 ilerrranjl) *****50 *****04465 words
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Advertisement763 1984-06-13 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD StftSOV BURMNG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address S»tSOV SINGAPORE Telex Nunbers RS ***** RS ***** RS 2510S r kelang M/S SHAMKAT NAM SOON SON BHD. IST AND ?NO FLOOR NO 1 lALAN CEMPENMG PORT KLANG MALAYSIA763 words
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Advertisement126 1984-06-13 23 ahrenkiel liner service gmbh DURBAN JOHANNESBURG MAPUTO MAURITIUS REUNION WESTBOUND ARITA 11W 84 PT LOUIS DURBAN 16/7/84 ETD ETD ETA >rll p bay DURBAN SIN EASTERN HARMONY 6E/84 14/6 20/6 7/7 Agents: Kim Shipping Trading Pie Ltd 63 Market Street *08-06 Tat Lee BkJg Spore 0104 Tele* RS ***** KIMTRA126 words
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Page 24 Advertisements
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Advertisement632 1984-06-13 24 Itc«|iw«al Container Lines 2 Sailings Weekly Reliable Regular Punctual .Berthing PS A 1500 Hrs Tuesday Saturday OBl< SINGAPORE ISLANDS A/\/: MIDDLE EAST REGULAR LINER JAMAL SHAH W>l 13 hi (Mauritian FU() KUSU ISLAND 21/30 U "Heany Itt 10 torn Spore PK tart/13 km Pnj Loadotf for: ft. Lmh Reunan EXPRESS632 words
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Page 25 Advertisements
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Advertisement61 1984-06-13 25 «^r I ire MIKIP general agents seal ion SHPPMG (S) PTE LTO. i -iv A JIM Mil SINGAPORE SALES/BOOKINGS TEL *****51 (S UNES) DIRECT FULL CONTAINER SERVICES a*»n ia*rs ORIENTAL SEAWINOS LINER AGENCY PTE LTD SINGAPORE TEL *****81 SALES/BOOKINGS MALAYSIA GENERAL FREIGHT (M) SDN BHD PK *****4 KL *****4 PEN61 words
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Advertisement658 1984-06-13 25 LI2ENA PTE LTD T«t: *****29, *****67, *****68 Tatex: R*****1 ETA ETC Loading for MEKONG VEMTUK 23/6 30/6 HCM/Plm Pa* SRI SABANG In Port 15/6 Dimi/Pdian Biru GUNTUNG JAYA I 17/6 25/6 Patanbwt SfRVtCt TO EAST KALMANTAN (HDOfCSIA FLAG) LIN LIN SHIPPING PTE.LTD. 1 Magazine Road "05-08 Central Building Singapore 0105658 words
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Page 26 Advertisements
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Advertisement40 1984-06-13 26 yrrvrt MENG HORNG SHIPPING PTE LTD PmUI. #02-21 Golden Wall Auto Centre, 1 89 Short Street, S'pore 0718 TEL: *****47/8 REGULAR SERVICE INDIA PORTS Veeeel S'pore Loading for M.V. MENG HORNG 20/6 Ctvttagonf, Calcutta, ParacKp M.V. PAHLAWAN hi Port Madras40 words
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Advertisement44 1984-06-13 26 MADJU SDN BHD REGULAR WEEKLY SERVICES TO I FROM BELAWAN VESSEL M V OCLKM 121 M V BR AS TAG) ETA 7/6. 14/1 11/8. 11/6 ETD «/6. 15/6 12/6. 19/6 101 CfCIl STREET TEL ??***** ?0 1? TONG fNG BIDG LINES. S PORE 010644 words
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Advertisement686 1984-06-13 26 FREIGHT MANAGEMENT AUSTRALIA 24/4. 24/4. 2/7 STOUT. MEIBOUMf UK CONTINENT 11/4 l»/4. 24/4. 3/7 CANADA/U.S.A 15/4. 12/«. 34/4j/7 NEW ZEALAND 15/4. 11/4. 21/4 u/«.»/«. 22/4.21/4.»/«. Uk ran. SCMOMMA li HAM ANTNHf (OTTQDMt. MKN HAMUK au. ma km ran *ST t [AST COAST (GULF AUCXIMB NELLfKTON LTTTELTON. WD HONG I ONE.686 words
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Advertisement648 1984-06-13 26 Everett Lines COMPMM PERUANA DC VAPOREIS (C P V.) "PERUVIAN STATE LINE" I aaAnj tor CaMac «Uta'ii# Do and alt Othei Peruvian pails «ntt> tfanshipmenl jl Moofkonj and ot Pobr 0" CPV Ifiiougti Bills ot4ldinj to final destination •HUGHE YERETT MANOIOEVERETT JOtWVERETT Penang P. Kelang Sngaport Gdn.37 31/14 km 29/1648 words
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Advertisement673 1984-06-13 26 ZIM cargoes to Inte I VESSEL vessel VESSEL WSSfI A VESSEL A KSSEI A KSSFI KSSEI I VESSEI USA East West Mint. m HONG KONG m KEELUNG ltd TOMTO m TOKTO m K« TQM m GENOA ZM MONTREAL 91 MONTREAL ZR* BtdlA Fill CONT r Coast Panama Carribfcean and East673 words
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Page 26 Miscellaneous
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Miscellaneous178 1984-06-13 26 2S 23^ y) > Regional Weather IN !i A m m S3 Ar I I fc> oj^ l/i W l; re* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature <> c XX Shower Weather Wind direction with speed in knots Rain O Cloudy Sky178 words
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