The Business Times, 22 June 1984
1984-06-22
1
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The Business Times
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Title Section11 1984-06-22 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, JUNE 22,1984 60 CENTS11 words
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Article604 1984-06-22 1 AMY BALAN - APPLICANTS FOR CLERICAL POSTS OVER-QUALIFIED By AMY BALAN THE EMPHASIS in Singapore on higher educational qualifications has created a dilemma for banks too many over-quali-fied applicants want jobs as clerks. It is ironic that banks have raised starting salaries for such jobs by more than a604 words
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310 1984-06-22 1 JOHN LIM - By JOHN LIM MALAYSIAN Minister in the Prime Minister's Department, Datuk Dr James Ongkili, has said that he hopes the price of natural gas which Singapore intends to buy from the Peninsula will be settled soon. He said the main issue of310 words
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268 1984-06-22 1 Reuter PROSPECTS for a recovery in natural rubber prices, which have fallen below 200 cents a kg for the first time in 16 months, remain gloomy, rubber dealers in Kuala Lumpur said. Several dealers said prices, which yesterday closed at 192.50 centsReuter - 268 words
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191 1984-06-22 1 A RECORD $4.68 billion worth of Singapore goods was exported in May and total trade, which showed a decline in April, picked up again. The previous record of $4.62 billion was achieved in January. The value of goods leaving the191 words
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236 1984-06-22 1 AP JAPAN'S Dai-lchi Kangyo Bank Ltd is now the world's biggest bank in total assets, surpassing Bank of America in San Francisco, according to American Bank, the daily financial services newspaper. The Tokyo-based Dai-lchi Kangyo's assets soared 25.6 per cent to US$llO.5 billion byAP - 236 words
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Article, Illustration67 1984-06-22 1 FOB THE secead toy la a raw, haaHag to—u came under heavy selling pre—are aa the Slagapare stack market continued to drift farther inmnnh yesterday. Dealers said the market was Headed with fresh seWag orders, with latereet malaly on see—d Users. The day eaded with the allseeter BT67 words
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Article522 1984-06-22 1 JOANNE YAP - By JOANNE YAP REAL ESTATE investors would be wise to exploit the dull and depressed property market and invest in private housing, the past president of the Real Estate Developers Association said yesterday. Expressing his opinion during a conference Renting Property in Singapore at522 words
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Article, Illustration517 1984-06-22 1 CHAN OI CHEE - By CHAN OI CHEE LOCAL property tycoon, Mr Ho Whye Chung, is the latest to join the small but growing group of Singapore businessmen who are taking advantage of the current "cheap" («Ices in the Hongkong property market, and venturing into a sector that517 words
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Page 1 Advertisements
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Advertisement72 1984-06-22 1 KENNEX BORON ACE The racket of Perfection I SPORTS ft IKISURC (PTE) LTD. Tel *****88 (3 lines) S$ FIXED DEPOSITS We offer you one of the highest interest rate 7v*% 1 month pad. T 3.6. 9 and MwAi /0 12 months mM #"V p.d. SAVINGS ACCOUNT Daily 0/ Interest ■#>■72 words
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Advertisement258 1984-06-22 1 Wm SHARE INFORMATION 13 RAW MATERIALS 12 MONEY 4 EXCHANGES 6 THE first major project to be handled by the newlyformed steering committee on labour-management cooperation will be a national conference for work excellence committees. Page 2 EACH Singaporean used on average of three million watt-hours of electrical energy last258 words
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Advertisement103 1984-06-22 1 ]:~=]';!%';$\`)%~%-,&)<_*.%'(^> Full report, Pag* 13 International stock*, Pag* 10 Asian stocks, Paga 11 of Switzerland metis the challenge of tOilay. Florence X -s 7* ELLSWORTH Br The Best of BALLY is to be found at the following authorised BALLY dealers. Bally Boutique Branches Champion Shoe Co (Lucky Plaza) Chanrai Branches103 words
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Advertisement0 1984-06-22 1 },?;^_;:&$%=?@]-_}[}?*(@|*>:^'/0 words
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HOME NEWS
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443 1984-06-22 2 TSANG SAU YIN - National conference to focus on work excellence By TSANG SAU YIN, Management Correspondent THE first major project to be handled by the newly-formed steering committee on labourmanagement cooperation will be a national conference for work excellence committees. The event, scheduled for the end of this443 words
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127 1984-06-22 2 DIM lights, soft music and a can of wine. Hardly the idea of a romantic evening. But the traditional bottle of wine could make way for canned wines, especially in less expensive places such as coffee „houses. Prima Bella Wine Supply127 words
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307 1984-06-22 2 A CORE of regular lounge patrons travelling frequently within the region has persuaded the owners of the Rainbow theatrelounge to build a bigger Rainbow on the other side of the Causeway. Hujong Enterprises Pte Ltd, owner of Rainbow in307 words
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226 1984-06-22 2 FREEHOLD land of nearly 13,000 sq m will be offered for sale in a coming property auction. The combined value of the land in Marine Parade, Thomson, Moulmein Road and Jalan Rahmat is at least $14 million. The plots will226 words
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Article160 1984-06-22 2 THE TOURIST Promotion Board is to launch a four-city promotion in Europe with 28 song birds and hundreds of hand-painted lanterns. The promotion will start on June 25 in Zurich and run into July. Unlike campaigns in the past, this one is aimed directly160 words
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191 1984-06-22 2 THE German school in Singapore has certainly come a long way. From its modest beginning in 1972 when it occupied a bungalow at number two, Jalan Kampong Chantek, it will move up the road at Christmas. The school is being built at a cost191 words
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Article, Illustration360 1984-06-22 2 AZAHARI tail MOHD TAIB and TAN HOCK CHAN have been appointed to the board of directors of South Johor Amalgamated Holdings Bhd. LOW KIM SENG has been appointed by Mount Pleasure Holdings Bhd as alternate director to Tengku Abdul Hamid Shah ibni Almarhum Sultan Sulaiman shah. TAN360 words
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Article, Illustration372 1984-06-22 2 CRUISES along the Singapore River may be an attraction offered by the River View Hotel when it opens next year. The owner of the hotel, Keck Ser<g (5) Pte Ltd, plans to spend between $10 million and $15 million to build a jetty and three passenger372 words
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337 1984-06-22 3 CHUANG PECK MING - By CHUANG PECK MING AN END to poverty and the improvement erf living standards of the masses were conditions for political stability and social harmony, a Member of Parliament and university lecturer said yesterday at the fourth day of the five-day Birth Of A Nation337 words
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178 1984-06-22 3 A MEMBER of Parliament yesterday said he disagreed with the priority school scheme for the children of graduate mothers but admitted that he could think of no other way. Dr Ow Chin Hock, MP for Leng Kee, speaking to about 2,000 pupils at178 words
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Article56 1984-06-22 3 BUONA Vistat Construction, a Singapore company, is promotig a novel concept in retaining walls, in line with the latest architectural trends. The company's crib walls not only enhance the beauty of the house and landscape, but is also economical and easy to install. It is based on56 words
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Article113 1984-06-22 3 WESTINGHOUSE Electric Corporation's advanced systems technology group has introduced a new Version 7 of the Westinghouse Disk Space Manager. The new disk space manager offers two operational modes and reduces disk space use by up to 40 per cent. Version 7 supports multiple central processing units113 words
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258 1984-06-22 3 THE PUBLIC Utilities Department has trimmed its workforce by 20 per cent in the past seven years to make way for automation. The cuts will continue but the speed depends on the result of PUB's computerisation programmes and other efforts to258 words
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Article, Illustration423 1984-06-22 3 LEE HAN SHIH - By LEE HAN SHIH EACH Singaporean used an average of three million watthours of electrical energy last year, an amount sufficient to keep a one-kilowatt air-condi-tioner running for three months non-stop. This was almost double the per capita electricity consumption rate in 1974, which was423 words
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222 1984-06-22 3 THERE will be no piped gas for five new Housing and Development Board estates because demand is too low. Demand for the Public Utilities Board gas will grow only at a few per cent annually far slower than the growth rate222 words
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Page 2 Advertisements
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Advertisement137 1984-06-22 2 What It Is AND How It Can Help YOU! Three of America's foremost railway companies Union Pacific, Missouri Pacific, and Western Pacific have now become one: the UNION PACIFIC SYSTEM. These three great companies have joined forces to offer you single-system service covering 20 states, with connecting service to 30137 words
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Advertisement80 1984-06-22 2 At the famous Nadaman every meal is a work k llV' ■> r Every meal at the famous Nadaman is a work of art. Prepared and presented in the taste and the style that could only belong to the Nadaman. Set lunch from $21.* Tte art of Japanese cuisine at80 words
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Page 3 Advertisements
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Advertisement332 1984-06-22 3 Announcing two exciting new additions to the famous fbrd Tfelstar range: Ford Tklstar TXS Fastback 1.6 Ghia. Fbrd TeLstar Automatic 1.6 Ghia. •> 7 u&\urt m 4mmmam x/mhhbHH The ever popular Ford Telstar two litre Fastback is now also available in a power-packed 1.6 litre version. What's more, a lowered332 words
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OVERSEAS
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568 1984-06-22 4 UPI AMERICA'S gross national product is growing at a strong 5.7 per cent annual rate after a 9.7 per cent expansion in the first quarter, the US Commerce Department said. The growth is exceeding almost all economic expectations in the first half of 1984. ButUPI - 568 words
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321 1984-06-22 4 UPI UN Ambassador Jeane Kirkpatrick told a meeting of editorial writers that rivalry with the Soviet Union is not the driving force behind most US foreign policy, despite world opinion to the contrary. "I think the concept of the world as dominated today byUPI - 321 words
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116 1984-06-22 4 UPI DURING the past 10 years, foreign diplomats in Britain have committed more than 500 serious crimes ranging from blackmail to rape and incest and all have escaped prosecution under diplomatic immunity laws, the London foreign office said on Wednesday. The Permanent Secretary atUPI - 116 words
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Article, Illustration116 1984-06-22 4 UPI THE technology that made Japan the world's leading industrial robot manufacturer is used to make tomorrow's hi-tech toys. The 20,000 entries unveiled this month at the annual Tokyo Toy Show included an army of fiendishly clever toys designed for an invasion of toy stores around theUPI - 116 words
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217 1984-06-22 4 Reuter THE SENATE yesterday defeated a proposal to withdraw 90,000 US troops from Europe unless Nato allies paid a larger share of Western defence costs. The Defence Bill Amendment by Senator Sam Nunn failed by a 55-41 vote in the Republican-controlledReuter - 217 words
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Article152 1984-06-22 4 UPI STEEL import quotas would cost American consumers US$7.7 billion and do little to help struggling domestic steelmakers, the Congressional Budget Office said on Wednesday. Quotas on steel imports probably would Co6t Jobs in steel-dependent industries like the car industry while providing only a modestUPI - 152 words
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391 1984-06-22 4 UPI THE two frozen "orphaned" embryos of a wealthy couple killed in a plane crash are not entitled to the couple's US$l million estate because they were fertilised by the sperm of an anonymous donor rather than the husband, an attorney said on Wednesday.UPI - 391 words
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WORLD IN BRIEF
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Article71 1984-06-22 4 THE doctor heading the team investigating the death of Kentucky Derby winner Swale says the cause may not ever be known, but she would not completely rule out the possibility of foul play. Dr Helen Acland, chief of the laboratory of large animal pathology at the University of71 words
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Article42 1984-06-22 4 JAPANESE farmers yesterday said they would try to block rice shipments from South Korea aimed at making up a supply shortage in Japan. The shortage has been caused by the discovery of bromine in government-held supplies of the 1978 rice crop.42 words
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Article47 1984-06-22 4 PRESIDENT Reagan would win his re-elec-tion bid in a landslide if the vote had been held yesterday, campaign director Ed Rollins said. Mr Rollins told reporters party polls showed Mr Reagan was 15 per cent ahead of former vice-president Walter Mondale, the expected Democratic candidate.47 words
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Article53 1984-06-22 4 BRIGHT young Soviet scientists are leaving their posts because of poor pay and promotion prospects and the coun- try will soon face a shortage of talent, official sources said on Wednesday. They said most senior jobs were held by people in their 50s who were blocking the path53 words
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Article72 1984-06-22 4 Agencies SARAWAK Shell Bhd, a subsidiary of the Royal Dutch-Shell Group, has brought on stream a new oil field off the East Malaysian state of Sarawak capable of producing 20,000 barrels of crude per day from seven wells, a company spokesman said. Bayan oilfield, 80 km fromAgencies - 72 words
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Article851 1984-06-22 4 ARRIVALS Operator Service number Locol time From PAA PA5 0020 JFK/SFO/HKG P1A PK772 0025 KHI/CMB/KUL SV SV379 0030 SEl MAS MH68I 0620 KUL CAL CIO 10 0825 JED/DHA MAS MH601 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN SWR SR176 0945 ZRH/BKK RBA BI421 1000851 words
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233 1984-06-22 4 Reuter THE WORLD BANK will press developing countries to accept more direct private investment to help them over foreign debt difficulties, a senior bank official said. Mr Jabed Burki, director of international relations for the bank, said the agency had always sought toReuter - 233 words
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Page 4 Advertisements
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Advertisement191 1984-06-22 4 T Tk a..^i **>»« .i K Golden Phoenix, the most renowned Sichuan Restaurant, now offers traditional Chao Zhou cuisine at our new restaurant in Shenton Way. Authentic Japanese Delicacies: Sashimi. Sushi. SukJyaki. Shabu-Shabu. Yakitori. Tempura and Teppanyaki.* '(Not available at Hotel Equatorial). 6th storey, UIC Building. Shenton Way For reservations,191 words
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Advertisement102 1984-06-22 4 FACTORY FOR LEASE Rental Ss9/-per sq. metre 1. Area: 2000-4000 sq. metre 2. Facilities: (a) Sanitary, water, electricity supply, sprinkle system. (b) Electricity 1000 KVA. Transformers, suitable for all types of industry except food. 3. Location: Near P.S.A. Pasir Panjang. Interested parties please call: V TEL. No. *****59 A n102 words
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Page 5 Advertisements
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Advertisement119 1984-06-22 5 An invitation to an exhibition of the latest BOUCHERON jewellery HI <-■ ■*v m m ■< r-l K r c Jt SVi y* a *Pi pse» S il <* £5W •V--v «r w 'v V V w I. V< *> SS 1 I 4 > <v 4 I y. to119 words
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BANKING AND FINANCE
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Article360 1984-06-22 6 DEPOSIT rates turned mixed in thin afternoon trading yesterday but closed firmer than Wednesday. News of a US flash GNP forecast of 5.7 per cent growth for the second quarter and higher federal funds rate underpinned rates. Among short-dates, overnight and weekend both eased %-point from the360 words
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Article69 1984-06-22 6 THE OVERNIGHT rate rose by x h-percentage point to close at 7 3 i per cent on the Singapore interbank money market yesterday. Term rates for maturities of up to three months firmed by 1/16-point across-the-board. S$ interbank rates at 3pm yesterday Offer Bid O verntght 7 3/869 words
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Article, Illustration384 1984-06-22 6 SINGAPORE Futures trading was at a standstill on continued lack of interest yesterday and prices closed easier following the metal's late fall in overseas markets. Prompt closed weaker at U5J369.50/371.50 an ounce compared with New York's $372.00/372.50 close, August at $374.50/376.50 against $376.50/376.70 and October at $382.50/384.50 against $384.00/384.50.384 words
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Article61 1984-06-22 6 SINGAPORE: The local currency weakened to 552.1140/50 against the US dollar yesterday from 2.1096/1106 on Wednesday and to 5J91.30/40 against the Malaysian dollar from 91.20/30. The US dollar closed firmer against most major currencies. It closed at 2.7865/75 marks against New York's 2.7760/70 close and at 234.85/96 yen61 words
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Article636 1984-06-22 6 KUALA LUMPUR: The US dollar closed at 2.3135/ 45 and the Singapore dollar at 109.50/60. JAKARTA: The US dollar was fixed at 1009.50/ 1013.00. LONDON: The dollar opened higher at 2.7800/10 marks in hectic trading yesterday, bolstered by US data showing economic growth is much stronger than expected636 words
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277 1984-06-22 6 AFP THE IMF is like a "bad doctor, who administers the same treatment to all patients no matter what their ailments," said Nigerian External Affairs Minister Ibrahim Gam ban in a nationwide television broadcast in Lagos. There was a spreading impressionAFP - 277 words
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89 1984-06-22 6 SINGAPORE International Software Services (SISS) is offering a financial software package to help banks keep accurate and timely information on their worldwide banking and trading operations. Called Global Limits Control System (GLCS), the package was launched in Singapore and 500 other cities by IP89 words
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Article94 1984-06-22 6 Reuter AUSTRALIA'S merchant banking industry is expected to face a year of changes as it moves from a world of regulation and protection into an era of competition, analysts said. They said they believed in the light of this week's granting of 40 new foreign exchangeReuter - 94 words
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346 1984-06-22 6 UPI ARGENTINA paid its commercial bank creditors US$lOO million in interest on Wednesday and negotiations are continuing for additional payments, signalling that payment of all of the country's over-due interest may be imminent. The Central Bank of Argentina informedUPI - 346 words
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155 1984-06-22 6 Reuter A POSSIBLE drop in the value of the US dollar could lead to a "credit crunch" with sharply higher US interest rates in which economic recovery could be aborted, OECD Economics and Statistics head David Henderson told a news conference. "I doReuter - 155 words
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Page 6 Advertisements
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Advertisement230 1984-06-22 6 I 5ECJcxt s SI Owing to LOEWE's forsighted policy in SINGAPORE today IOEWE I TELETEXT models are fitted by the factory in West j Germany with a' TELETEXT a decoder and are equipped 1 ready for reception of the < SBC Text The SBC Text is the latest electronic newspaper230 words
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Advertisement279 1984-06-22 6 z o a r r > r A ml *v 1 Please Mnd me further details D I am interested in visrting the MetalAsia/AutomAsia Exhibition I am interested in attending the AIM 84 Conference I am interested in exhibiting Company The one event to provide your business with the competitive279 words
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AIR CARGO
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Article204 1984-06-22 7 ARRIVALS Operator Flight Lftfnl twm From FRIDAY FT FT79 2355 JFK/ORD/ ANC/NRT/ TPE SATURDAY CAL CI33I 0150 TPE CV CV796 0845 LUX/AUH SUNDAY TMA TL355 0630 BEY/DXB/ BOM/KUL TMA TL356 1000 KUL/BOM/ DXB/BEY KAL KE685 2140 SEL MONDAY JAL JL6I1 1715 TYO CAL CI341 2020 TPE CAL C1341204 words
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145 1984-06-22 7 SIX major Japanese shipowners are to start a daily air cargo service to the US after a sixyear wait for approval. Total turnover for the six owners fell by 186 billion yen during the last financial year compared with 1982-83 and they have145 words
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Article, Illustration371 1984-06-22 7 JEFFREY TSANG - By JEFFREY TSANG DHL International hopes to corner 20 per cent of the parcel delivery market after it extends its service to include parcels weighing between six and 100 kg. At present, the courier service company's "Part and Parcel Express" (PPX)371 words
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74 1984-06-22 7 THE role of the Primary Production Department (PPD) in the airfreight industry is the topic of discussion at this month's air cargo promotional talk. Assistant director of Veterinary Public Health, Dr Chua Sin Bin, will be the speaker at the talk to be held74 words
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Article146 1984-06-22 7 THE Civil Aeronautics Board of US has given Northwest Airlines the right to fly from San Francisco to Kuala Lumpur via Tokyo. Although the carrier has rights to fly to both Malaysia and Japan, it was not allowed to provide services to both countries on the same146 words
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490 1984-06-22 7 WANG LOOK KEAH - By WANG LOOK KEAH JAPAN Air Lines' cargo business out of Singapore has not been meeting targets set by the airline's management. This below-target performance for the first three months of the financial year starting April came as a surprise to490 words
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154 1984-06-22 7 A SLOWER growth In cargo volume handled at Singapore airports was recorded (or the first four mouths of this year as compared with the same period last year. Growth was down about two percentage points tram154 words
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Page 7 Advertisements
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Advertisement50 1984-06-22 7 I)AIWA SINGAPORE LIMITED (formerly known as D6S~Daiwa Securities International Limited) announces with pleasure that with effect from 25th June 1984 our new address will be 6 SHENTON WAY #39-01/02 DBS BUILDING SINGAPORE 0106. Our telephone and telex numbers remain unchanged. TELEPHONE: *****66 FAX: *****97 TELEX: RS *****, RS ***** DAIWA50 words
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Advertisement124 1984-06-22 7 Discarvery Lunch is the answer to having a gourmet meal within the limitations of a lunch hour. Help yourself to a choice of smoked delicacies, pate or seafood. Enjoy a hot or chilled soup from the tureen. Ask the Chef to carve for you from a selection of four succulent124 words
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Article500 1984-06-22 8 GLAMOUR JOBS offered by banks can always be expected to lure the cream of school leavers. Bank clerks may not enjoy high salaries, but there is the three-months bonus to look forward to at the end of the year. Prospects are considered good. Training500 words
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Article1890 1984-06-22 8 ZHOU MEI - Nations showed resilience and dynamism in the face of the world debt crisis A major theme of yesterday's Paftad conference was the effect of the world debt crisis on the Asian economies, and the action that could be taken to limit the internal effects of external1,890 words
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574 1984-06-22 8 THE COUNTRY that hesitates to tackle the impact of the external shocks on its balance of payments could pay a very high price for its delays, according to Naya and James. And smaller and more open countries, such as Singapore, Hongkong574 words
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Page 8 Advertisements
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Advertisement138 1984-06-22 8 THERE'S NOTHING WE CAN TELL YOU ABOUT THE EQUATORIAL THAT YOU DON'T ALREADY KNOW X. EXCEPT, PERHAPS OUR LITTLE GESTURES THAT HAVE BECOME ATRADTTOSL You probably know about our 300 furnished rooms and suites, our famous restaurants, the Kampachi, the Golden Phoenix and the Chalet, our freshly-brewed Espresso Coffee at138 words
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FEATURES
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Article, Illustration938 1984-06-22 9 JEREMY CLIFT - By JEREMY CLIFT Reuter AT THE GATEWAY to Wuhan's sprawling and grimy Sovietbuilt steel works, a giant statue of China's late leader Mao Zedong points the way forward. Mao saw iron and steel as the key to communist China's future and urged groups of workersReuter - 938 words
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Page 9 Advertisements
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Advertisement120 1984-06-22 9 oe° ?rv v- \T| A VI „naE®. td 1 WiS °ecT C °<* t> Wi the P fessf P afld P la^s^ entS i (tl es. c^,d Sz.ng re,reS ,tica n .!^ous and f,® e salon and WjJS nuggft de ,inlt JJ* Thro^ r overal' Now. re, at d; v.g<*120 words
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Advertisement312 1984-06-22 9 To get ahead in business, start by keeping H| does. Mr. David K. P. Li Chief Manager A Director Bank of East Asia Hong Kong 'Th. Asian Wall Street Journal continues to be the only publication that covers the Asian business scene completely and thoroughly. In my opinion, it is312 words
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Page 9 Miscellaneous
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Miscellaneous42 1984-06-22 9 Bristow Fiank DickenS think rr-s stop© x> cl&fsn THC PLPIC£. UP just Becpuse THERE'S Pi rr\g£j\NG ON n-E. \TV+N< rrs N»ceRDRTMeD»«ecxDRs T o see. the. Plpcc ngptt DON *T TH»NK THE>/ DONT prffcecipnt. IT E»€CP\US£. IHE-N D 0... > Si El sat n42 words
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Miscellaneous1267 1984-06-22 9 to a«D CHANNEL 5 2.30 PM SBCTeit "Live" Sample Pages 3.00 Opening and Programme tfghfigtits folowed by The Neb 4.25 Kids world 4.50 A Whole World of CMdren 5.20 Romper Room 5.45 Break in the Sw 6.10 Programme HfchSgtits 6.15 News (English) 6.25 Sutera Ira ma 6.50 Teen '84 7.201,267 words
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INTERNATIONAL STOCKS
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247 1984-06-22 10 FT ROBERT HOLMES A Court, chairman of the Perth-based Bell Group, said in Melbourne that Bell Resources, a Bell group offshoot, now held about 20 million shares and options in Broken Hill Proprietory (BHP), Australia's largest company. This is equivalent to about 4.4FT - 247 words
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182 1984-06-22 10 AP THE PROFITS of American companies, like the US economy in general, were stronger than first estimated in the first three months of this year, the government said. Corporate profits before tax rose 7.1 per cent to an annual rate of U*****.3AP - 182 words
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45 1984-06-22 10 Reuter MOBIL Corp will buy 36 million Superior Oil Co Inc shares of the 90 million that were tendered in response to Mobil's offer to buy 36 million Superior shares. Mobil said it had received 90 million Superior shares. ReuterReuter - 45 words
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301 1984-06-22 10 IBM rumours were more powerful on Wall Street on Wednesday than negative news about the US economy, prompting the market to stage a classic final hour rally that jolted prices sharply higher. The Dow Jones Industrial Average, which was behind more than a301 words
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Article100 1984-06-22 10 JUNC 20 Abitibi c$ unch unch unch unch unch Imp Oi 36* 12* 27* kit Ut* 23* but Nckal Bank Nova Scotia Ba« Tal 10* 30* K«t Add Lotto* B 17* 14* 3* 31 Mc BkxM 25* 16* 48 inch 20* klnrnn rin 20* Onto* Rd Lk 34 5*100 words
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Article212 1984-06-22 10 JUNC 20 A Afeho tmmd INOOSTtlALS <rx) Trvj»» Bk Un StMl Utmk Woohvorth 275 120 560 1800 5 unch unch unch 205 Ml NMGS AE And O 935 inch 5 -100 An0o« 2330 20 AAMC 3000 Angtvooi Btoroor* 6700B I BOO inch unch Bartow* C G Smrth 1410 2325212 words
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Article715 1984-06-22 10 in} ACF Industnos UM tk Aicon AJumrt 28% H Alcoa 33% Aloghooy Lud 21% -1 AM Own Co 32% AIM Storos 41% Ak-Chaknors list M Am Brandt Inc 55% +1 Am Broadcast 64 *2*1 Am Can Co 44% +H Am Cyanamd 30 1*4 Am Etoc Pwr 17* Am715 words
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Article905 1984-06-22 10 Amsterdam JUNE 20 Fb ABN 301 00 -2 Aagon 110 50 -0 5 Ahold 170 50 +1 5 AJuo 8100 -16 AMEV ***** +1 Bark 32 50* +0 7 Rok 82 20 -O S 231 20 -0 3 Boiko 29 80 -06 Burtat 63.20 0.2 3650 +03 334905 words
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Page 10 Advertisements
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Advertisement483 1984-06-22 10 WMm, wtm Mm and mtmtulst ■nHHH r Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/ CHINES£/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At 16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped483 words
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Advertisement68 1984-06-22 10 London stocks, -W Feng Cheng Lou for the best Teochew food in town. Discover mouth-watering delights prepared by hong Kong chefs, feel like royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for dinner #PRENtZHOTEL 270 Orchard Road68 words
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ASIAN STOCKS
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Article418 1984-06-22 11 HONGKONG: Prices closed narrowly mixed yesterday after a firmer opening. The market remained quiet on a lack of fresh incentives although brokers said trading was active in HK Bank, which closed five cents lower at HK$6.l5. Associated Hotels ended at 24 cents after it reopened at 20 against the418 words
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Article224 1984-06-22 11 JUNt 21 AM Smear* Indus Aim Camant NT 8 55 30.90 31 90 unch unch +0 1 Laa Chang Yuan Cham Indus L>an Hwo Indus Nan Ya Ptas Pacific Cons Pocific Elact Wra 23 80 14 10 36 60 32 50 20 00 0.4 0 05 unch 0 5224 words
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Article399 1984-06-22 11 TOKYO: Prices closed lower yesterday after a firm start as investors were concerned about rising US interest rates and the yen's weakness against the dollar. The market average lost 66.46 to close at 10,170.76 after gaining 39.88 on Wednesday. Trading was light but nervous with volume at 280 million399 words
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Article72 1984-06-22 11 iun« 21 Bor* SmU Won 705 -5 Hywdai Corp Hyundai Motor KAL 625 540 435 706 inch -3 •5 -4 Chohaung Bk 668 unch 850 +9 Commancd Bk 706 -1 Kor«a Sh^> 420 4 565 -5 725 Daewoo Corp 386 562 2 -8 Somscrvg Co 630 965 unch Dona72 words
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Article397 1984-06-22 11 SYDNEY: Prices on Australian share markets closed steadier in quiet trading yesterday, after a nervous opening, with Wall Street's closing rally and a slightly higher international bullion price the main factors. The All-ordinaries index was 0.8 points higher at 654.2 points, the Allindustrials was up 2.3 at 906.8 and397 words
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Article134 1984-06-22 11 BANGKOK: Share prices closed mixed with losses and gains about equal in slow trading. The Book Club index fell 0.13 to 118.10 on turnover of 18.7 million baht with 104,001 shares traded. JUNE 21 lofcts Snm Oy Cement 392 l*Ktl Aokhom Thai 62 50 -05 A»o Fix* Ayuthoyo *»v134 words
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Article102 1984-06-22 11 MANILA: Share prices closed mixed yesterday. The commercial and industrial index was down 0.19 at 131.73, the mining marker fell 8.94 to 1,076.48 and the oils index was unchanged at 0.703. JUNI 21 0015 AcOfa Mnng Anglo Phi Phi Ov«Mot PMa* B o i» ■0015 Ap«» Mnng B AMas102 words
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Article56 1984-06-22 11 AFP THE PHILIPS electronic group of the Netherlands and its West German counterpart, Siemens, have asked their respective governments for financial assistance totalling US$266 million to carry out Joint research on submicron chips. A Dutch spokesman said the Joint effort would be an important developmentAFP - 56 words
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321 1984-06-22 11 ASSOCIATED Hotel Ltd's future will be decided today when the Hongkong Supreme Court rules on a suit filed by its creditors. The hearing date was set after the suit was filed in the court last week by a syndicate of banks led321 words
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152 1984-06-22 11 AP TOYO Engineering Corp of Japan will set up a Motechnology firm in the US that will go into operation next month, a Toyo spokesman said. The firm to be called BW Biotech Inc will be based in Chicago and will beAP - 152 words
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Page 11 Advertisements
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Advertisement278 1984-06-22 11 M m ■nHHHHBI (liiK f^E Mmi <r»- > BHBHMHHPRa a Hi #i:*> If smooth and silky is your style of relaxation, then surround yourself with SILK tonight. The smoothest trio in town entertains Mondays to Saturdays s. in the luxury of the Fountain Lounge. Century Park Sheraton Singapore Where style278 words
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Advertisement229 1984-06-22 11 Thinking of food. Think Thai: Spicy Tomyum Soup, Charcoal-Grilled Seafood. Royal Thai Seafood and our other delectable Thai Cuisine. Or if you're a gourmet cook, take home some fresh seafood from our mini seafood market. And cook up a storm. The original taste of Thai cuisine. Pfhßva thai seafood market229 words
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RAW MATERIALS
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550 1984-06-22 12 NYT TWO MAJOR aluminium companies in the US are reducing production and laying off workers because of low metal prices and high energy costs. Aluminum Company of America said on Wednesday it would reduce current operating capacity seven percentage points, from 99 per cent,NYT - 550 words
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210 1984-06-22 12 UPI MANY American farmers are not benefiting from the billions of dollars in federal price supports, and an extension of current US farm policy could drive many family farms out of business, a new study says. The study, by the Joint EconomicUPI - 210 words
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Article122 1984-06-22 12 WHEAT futures closed 4Vi to 2 V«-cents per bushel higher in thin but active trade in Chicago on Wednesday. Prices of most contract months closed near the top of about 6Vi-cent ranges. Values maintained midsession advances even when soycomplex and corn prices turned lower due to support from sizeable122 words
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Article115 1984-06-22 12 SOYBEAN futures closed 8V«cents per bushel lower to three cents higher in Chicago on Wednesday, with November ending near the middle of 29cent range in thin trade. Professionals and locals dominated trade after midsession and were on both sides of the market. Continued dry weather in southeastern growing regions115 words
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Article94 1984-06-22 12 THE Straits tin price in Peaug yesterday was unchanged at M 529.28 per Idle, with the buffer stock manager maintaining Hupport at that level. The price was within the ITA Iswer range s( $21.15 and $S2.W. Dealers said sterling's (all against the Malaysian dollar again offset a firmer94 words
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Article109 1984-06-22 12 Yarn (In HK$ par bale of 400 lb) China carded yarn, cones 9u« Phoomx 16'» 3,500 Blu« Pho«nix 20'» 3,550 BkM Pfrorux 32'» 4,000 BkM Phoenix 40'i 4,500 Corded yarn, honk Hue Phoenix 21'» 3,600 Combed yarn, cones Hue Phoenut 32'» 5,600 Hue Phoenix 40'» 5,800 Open-end yarn Bfcj«109 words
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Article57 1984-06-22 12 Reuter TEA PRICES, which touched all-time highs at the beginning of the year, have plunged to sevenmonth lows. The average price of all teas sold at auction on Monday fell more than seven pence to 226 pence per kg from last week, the Tea Brokers'Reuter - 57 words
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Article211 1984-06-22 12 MALAYSIAN palm oil prices yesterday closed lower on short-selling and profit-taking, with lack of export demand and an uncertain Chicago soybean complex close dampening sentiment. June deliveries in the north region fell Ms4s to $1,365 per tonne, while south and central eased 840 each to 81,390 and $1,385211 words
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Article150 1984-06-22 12 Chinese Produce Exchange (Sellers' noon closing prices on Juftt 21. S$/100k 9 Coconut oil Bufc FOB 240 00 CHd drum FOB 253.00 New drum FOB 257 00 Copra Mixed (loose) 125 00 buyers Pepper Muntok white FOB NLW 637.50 Sarawak whit* FOB faq NLW 630 00 Sarawak special150 words
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Article610 1984-06-22 12 COFFEE Robusta futures ended a quiet morning yesterday with gains from the previous close of £12 to £6. Most active September finished at £2,160, £7 up. The 15 day average was set at 146.39 cents for June 20, while the daily price was fixed at 142.73 cents. Turnover610 words
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Article339 1984-06-22 12 SINGAPORE The market closed easier yesterday with July One RSS buyers quoted at 176.00 cents a kilo, down two cents from Wednesday. The morning session was marked down about 3.50 cents on some speculative selling of July and August One RSS in quiet trading. Levels picked up 1.50 cents339 words
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Article252 1984-06-22 12 R AS prices (M s c««n/kiie, fob boi«) NOON CLOSE Int 1 RSS prompt 173 25 174 25N 173.25 174.25N Int 1 RSS July 175 75 176 25 176.00 176 50 Int 1 RSS August 181.00 181 50 181 00 181.50 Int 2 RSS 175 00 176.00N252 words
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Article93 1984-06-22 12 (in cwtft/1 ten p toilet*) July August (currant mth) (forward mth) NOON NOON RAS Imnn S||m lnyara MH9H SSR20 181.50 183.50N 183 50 185.50N SSR50 179 50 181 SON 181.50 183.50N MRELB Bvy«r* f-M B«y«rt f -M Jtlfrj SMR CV 229 50 231 SON 231.50 233.50N SMRL93 words
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Article290 1984-06-22 12 Singapore C-l special C-l Ordmory L *****m 100% unq (S$/kite, e*-godown) Thai white first grade KWi 100% 1st clou (kangaroo) 100% second grade 100% third grade 255 unq ntw crop 05 Parboiled 100% 2nd doss 0 77 5% 265 100% 3rd doss 075 10% 260 25% new crop No290 words
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53 1984-06-22 12 Reuter THE US copper industry has formally requested quotas on copper imports as Latin American exporting nations prepare to make their case against quotas to US diplomatic officials. A committee of ti)e Organisation of American States will hear objections from Latin American nations toReuter - 53 words
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Page 12 Advertisements
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Advertisement818 1984-06-22 12 Indian Bank (Wholly owned by the Government of India) Hmi Office: U, Raja* Madras MMI BALANCE SHEET AS ON SIST DECEMBER 1»83 CAPITAL PROPERTY AND ASSETS Capital (wholly owned by the Government of India) Reserve Fund and other Reserves Deposits and other Accounts Borrowings from other Banking Companies Agents etc818 words
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SHARE INFORMATION
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Article, Illustration4168 1984-06-22 13 FOR THE second consecutive day, banking issues came under heavy selling pressure as the Singapore stock market continued to drift further downwards yesterday. At the end of the day, marked falls in component bank stocks resulted in the BT Composite Index losing 4.734,168 words
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Article224 1984-06-22 13 SINGAPORE Rise* Indices 400+20 ft— 220 +14 C»-.ri Cory 269 +12 340 +8 Jfl r 326 +8 W 900 +5 M C—t 705 +5 Fsrfa PWl 436 +4 Ttttife Corp 310 +4 Kwhm MM 50< 278 +4 F A C B S0« 265 +3 Falls TC-M*. Jm224 words
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502 1984-06-22 13 LACK of follow-through support caused share prices to close easier at the Kuala Lumpur stock market yesterday after a strong opening. Trading remained quiet although some speculative issues still attracted attention. Losses were generally marginal. The market opened slightly higher, in line with the502 words
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Article2802 1984-06-22 13 810 and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".2,802 words
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Page 13 Advertisements
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Advertisement8 1984-06-22 13 Business don« on th« KLBE 8m Pag« 158 words
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COMPANY NEWS
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584 1984-06-22 14 mm ALFA -PA CIFIC Securities (Pte) has singled out the lasarmm CerpersttMi §i Singapore Lti (ICS) as an investment stock and is recommending purchase based on several considerations. ICS is a 52 per centowned subsidiary of the DBS group. Among the major considerations584 words
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191 1984-06-22 14 Bernama SHAREHOLDERS of Grand Ocean Development Bhd have been advised to accept the share swap offer made by its associate company, Textile Corp of Malaya Bhd, as the terms are "fair and reasonable". Textile Corp has offered one new share ofBernama - 191 words
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551 1984-06-22 14 KILLENGHALL TIN (Malaysians group earnings for 1984 are expected to improve even if tin restrictions remain at current levels. This is because the full impact of Southern Bank's contributions would be felt then. During the last financial year to Dec 1, 1983, Southern Bank's551 words
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289 1984-06-22 15 CHAN MAY PENG - By CHAN MAY PENG ANOTHER Malaysian businessman, Datuk Krishna Kumar Sharma has emerged as a substantial shareholder in Ambassador Hotel Ltd. Datuk KK Sharma acquired a 9.94-per cent interest in Ambassador, comprising 749,000 shares, for a total consideration of $6.37 million or $8.50 per share.289 words
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189 1984-06-22 15 ALLIED Chocolate Industries Ltd has estimated an extraordinary exceptional loss of about $11.58 million in the event of write-offs of its loan to its Hongkong parent and its investment in Allied Cocoa Industries Pte Ltd. This figure includes the provision for liability in respect189 words
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Article2405 1984-06-22 15 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Alcom (2.188 2.195) (2) 2.19 (2) 2.18 Antah (1.905)2,405 words
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416 1984-06-22 15 CHAN OI CHEE - By CHAN OI CHEE MOUNT Pleasure Holdings Bhd, formerly known as Public Corporation Bhd, is proposing to raise just under MJSO million from the market. The company is now controlled by the Low Yat group which has extensive property interests in Malaysia and416 words
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Article73 1984-06-22 15 FU8AN Fishing Net Maaafartariag BM is proposing to change its name to Innovest Bhd. The proposed change will be considered as special business at the company's 19th AGM today. GENERAL Seeufttos Iavestmeats Ltd's unaudited consolidated net tangible asset backing per share was H. 98 as at May 31,73 words
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Article986 1984-06-22 15 EQUITIES yesterday closed firm but off the day's highs in places in quiet trade on a lack of follow through interest from the morning's higher levels. Prices rose initially on Wall Street's overnight rally, but at 3pm, the FT 30 index was up 4.7 points to 819.6. Banks986 words
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Article53 1984-06-22 15 PENINSULAR and Oriental Steam Navigation Co PLC (PAO) has declined comment on reports that it made a bid approach for Nineteen Twenty-Eight Investment Trust PLC, which had said that an unnamed UK-listed company had made an offer for it on higher terms than those from London and Manchester53 words
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Article47 1984-06-22 15 JACK CMa-MPH Limited: EGM on June 22 at 11am in Winter Room, South Wing, 8th Fldoor, Mandarin HOtel, Orchard Road (0923). NEGRI Sembllaa Oil Pains Berhsd: 52nd AGM on June 23 at 10.30am In Registered Office, 1st Floor, 107 Changkat Thambi Dollah, Kuala Lumpur OS-17.47 words
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Article99 1984-06-22 15 HONGKONG Austrolion Industrials Hang Seng Index Thursday 908.9 Wednesday 906.5 Thursday 929 12 Week ogo 913.2 Wednesday 931.05 NEW YORK Week ago 953 15 Dow Jones TOKYO Wednesday 1131.63 Tuesdoy 1115.83 Tokyo Dow Jones Week ogo 1110.53 Thursday *****.76 Stondord and Poors Wednesday ***** 22 Week ogo *****99 words
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Article213 1984-06-22 15 Managers' prices Second B'putro 5.35 540 for June 22 Third B'putro Fotrth B'putro 4 49 5.45 454 550 Singapore Unit Trust Fifth B'putro Sixth B putro 356 3.51 361 3.56 The Commerce 3. >4 3.34 Seventh B'putro (A) 2.27 232 The Sovrigs Fund 1.91 2.03 Seventh B'putro (B)213 words
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187 1984-06-22 15 GENERAL Lumber (Holdings) Bhd has finally obtained approval from the Malaysian Capital Issues Committee for its purchase of Kelantan logging company Liva Enterprise Sdn Bhd for M 57.5 million. But in approving the deal, the CIC has insisted that General Lumber187 words
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Page 14 Advertisements
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Advertisement1291 1984-06-22 14 1983 The Swiss Bank Corporation in 1983 Total assets at the end of 1983 amounted to Sfr. 105.2 billion. Of the 8.3 billion (8.6%) increase, Sfr.7o9 million resulted from the growth in precious metals accounts and a further Sfr. 2.9 billion could be traced to the stronger dollar. The remaining1,291 words
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Page 15 Advertisements
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Advertisement52 1984-06-22 15 7 V! 1000sq-ft—50,000sq.ft Banking/Finance House units available at Ist level Please contact Fred Klass or David Wong Sole Marketing Managing Agent: Goddard Smith, Talhar Wong Pte Ltd International Property Consultants 2303. United Overseas Bank Building 1. Bonham St, Raffles Place f Singapore 0104 Telex: RS ***** GSWTW j I I52 words
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Advertisement91 1984-06-22 15 THINK FITNESS... THINK FITNESS Let the professionals get you fit Mft FMESSJL4^ =n: m RWESS CENCRS 3 Shenton Way. #03-12, Shenton House Singapore 0106. Te1eph0ne:*****77 /sign of |f <P4d y service W For details write to Lombard North Central PLC Banking Services. Dept 510. 17 Bruton Street. London WIA 30H.91 words
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222 1984-06-22 16 ABOUT 160,000 self-employed persons will soon have to contribute 6 per cent of their individual monthly income to their Medisave Accounts. This is because the government will be amending the Central Provident Fund Act to ensure that the self-employed are not222 words
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Article65 1984-06-22 16 STATE Bank of India is tapping US$lOO million from the Asian dollar and Eurocurrency markets through the issue of certificates of deposit. This seven-year CD issue is in the form of a Revolving Underwriting Facility (RUF) a revolving credit facility. US$75 million will be65 words
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Article, Illustration467 1984-06-22 16 ZHOU MEI - By ZHOU MEI, Economics Correspondent ARTIFICIAL stimulation has contributed significantly to Singapore's rapid growth as a financial centre. Conditions governing the financial systems of the industrialised countries, such as the US, West Germany and Japan, have made it attractive for their financial institutions467 words
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Article318 1984-06-22 16 IN THE opinion of the deputy governor of Bank Negara Malaysia, many financial institutions of the developing world are run by crooks. It is the respective monetary authority's duty to ensure that when one group of crooks decides to pass ownership of an institution to another,318 words
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241 1984-06-22 16 THE TIGHT Japanese market was subjected to yet more criticism during a talk given by a visiting US government official to members of the Singapore Federation of Chambers of Commerce and Industry. Hie talk on the economic relations between the US and Japan served as241 words
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222 1984-06-22 16 WELUS Fargo Bank will concentrate on offering correspondent hwniring and trade-related services in Southeast Asia after the closure of its Singapore offshore branch. Executive vice-presi-dent, Mr Lewis Coleman, who is the head of Wells Fargo's international group told BT that the bank222 words
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Article55 1984-06-22 16 AFP THE HONGKONG High Court yesterday reserved Judgement on a contempt of court case against a newspaper and its columnist over the trial of the man who murdered Malaysian banker Jalil Ibrahim. The attorney general had applied for the committal of Alan Castro, editor of the Hongkong Standard,AFP - 55 words
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Article, Illustration238 1984-06-22 16 JOANNE YAP - BY JOANNE YAP DO NOT expect anything organised from the Herbie Mann Quartet's performance this weekend. Instead, let the fourman group and its guest player entertain with their own brand of improvised Jazz music. Herbie Mann, the leader of the American bandPhoto by ARTHUR LEE - 238 words
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Article56 1984-06-22 16 WALL Street stock prices fell in early trading yesterday as the market succumbed to profittaking after Wednesday's surprise rally. The Dow Jones Industrial Average, which rose nearly 16 points on Wednesday, was off about six to under 1126 yesterday. Overall, losers led gainers about five to four.56 words
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LATE FILE
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Article66 1984-06-22 16 Reuter PROSPECTS for tighter US Federal Reserve policy and a US bank prime lending rate increase have been buoyed by unexpectedly strong economic data, analysts said. The latest official numbers show that the US real gross national product rose at an estimated 5.7 per cent annualReuter - 66 words
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Article65 1984-06-22 16 AP FOUR Iranian navy officers who, after a year of planning, flew their plane out of Iran last week in a search for political asylum, have been placed under house arrest in Bordeaux, France. Police sources said the Iranians were to stay there until theyAP - 65 words
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Article40 1984-06-22 16 Reuter MOST curfew restrictions were lifted, travel bans were relaxed and all Sikh shrines except the Golden Temple and another place of worship were re-opened as India's Punjab slowly limped back to normal yesterday. ReuterReuter - 40 words
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Article47 1984-06-22 16 AFP THE US senate yesterday approved a record US$29l- defence budget, yielding a 6.9 per cent inflationadjusted increase over current military spending. But the 82-6 vote for the 1965 fiscal year is US$l4 billion less than the amount requested by President Reagan. AFPAFP - 47 words
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Article52 1984-06-22 16 UPI A SINO-BRITTSH panel began its first session yesterday to work out the language and details of an agreement that will return Hongkong to China in 1997. The panel will consider documents submitted by both sides and work with formal negotiations on the Chinese takeover of the BritishUPI - 52 words
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Page 16 Advertisements
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Advertisement85 1984-06-22 16 Luxurious 1-bedroom or 2-bedroom apartments Fully furnished Full housekeeping service Free membership of Plaza Health Club Free carparking 24-hour telephone and telex services Rental from 553,000 p.m. inclusive of service and utility charges Attractive discount for long term lease THE PLAZA SERVICE ABHUMENTS Managing Agent UNITED OVERSEAS LAND LIMITED The85 words
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Advertisement304 1984-06-22 16 Here's Where You Can House Your Entire Business All In j OFFICE WAREHOUSE GOODS HOIST WASHROOM CARFttRK Save time and effort by having your entire business in a 3-storey Terrace Warehouse Warehouse cum Office. Intrepid Investments Re Ltd has the right idea in its Intrepid Warehouse Complex, a project comprising304 words
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Page 16 Miscellaneous
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Miscellaneous39 1984-06-22 16 qrnwrn Outlook for todoy: Foir, except for showers in a few areas in the loto morning and early afterMaximum temperature Associated humidity Minimum temperature Associated humidity Hours of sunshine Rainfall in millimetres Rainfall this month Romy days this month39 words
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SHIPPING TIMES
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288 1984-06-22 17 JAPAN'S Transport Ministry may air its views on the new US Maritime Act at the next round of talks between the US and the Consultative Shipping Group. A main point will be the Federal Maritime Commission's interpretation of288 words
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Article, Illustration489 1984-06-22 17 THE SOVIET Union, impressed by the quality of work at Singapore shipyards, is likely to place more shipbuilding contracts with the Republic. State-owned Keppel Shipyard is presently negotiating for a number of Soviet contracts, but no firm orders have yet been489 words
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PORTSIDES
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Article67 1984-06-22 17 THE ONLY Indian port to be congested as the monsoon season starts is Kandla in the western state of Gujurat where 13 ships are waiting,, a government statement said. The statement said 22 ships are waiting at Bombay, the country's largest port, adding this is a normal number.67 words
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Article45 1984-06-22 17 Reuter THE HONGKONG/Europe Freight Conference and the Hongkong/Gulf of Aden and Red Sea Ports Conference said they decided after their quarterly review, to adjust their Hongkong currency adjustment factor to minus 6 5 per cent from minus four per cent, effective July 1.Reuter - 45 words
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Article726 1984-06-22 17 ihtpptng Lin* tag* Col Abe» Trompon V 5 AfM VI 3 Ahrenkiel Law VI AC Toepter X 5 Alpoc v> 5 Antoro Snpg IV APC Une V 4 APL 4/5 Arrow X 4 ASCL Avobrofcer V 5 AHo» L«e» X 4 Auttona Une V Bolt-Onant V! 4/5726 words
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Article647 1984-06-22 18 UPI FROM THE waters off Cuba during the SpanishAmerican war to the battlefronts of Iwo Jima and Guadalcanal and more recently the war-torn Persian Gulf, ships built along Maine's Kennebec River have flown the American flag. A total of 421 ships, with a half dozenUPI - 647 words
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Article192 1984-06-22 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. Australia192 words
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518 1984-06-22 18 Fairplay ONCE perhaps thought of as the most vulnerable area of Japanese shipbuilding as the industry slid into recession and faced a dearth of orders, the medium-sized builders that are left seem reasonably confident that they will manage to maintain a shareFairplay - 518 words
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Article1663 1984-06-22 18 QUIET active grain chartering out of the Great Lakes at fairly steady rates featured the freight market on Wednesday with vessels mostly destined for Continental discharge, shipbrokers said. Two vessels were booked from Toledo and Thunder Bay respectively to the Continent at USII3 dlrs and $14 was agreed1,663 words
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875 1984-06-22 18 Lloyd's List AN IMPORTANT challenge for the designer of a container terminal is the construction of the quay wall. The type of construction is usually determined by soil conditions. Where there are firm strata at suitable depths, quay walls are frequently built withLloyd's List - 875 words
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243 1984-06-22 19 NINE ships on order from yards in France and Korea may well pave the way for Norwegian ships to well defend their position in competition with those under so-called "cheap" flags. These nine ships, with more streamlined operations on board, will make them more243 words
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463 1984-06-22 19 FAILURE to complete export documents properly has become a massive problem which probably costs the world's exporting industries billions of pounds a year. In Britain alone, a new research shows that 50 per cent of all letters of credit presented to banks contain463 words
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Article299 1984-06-22 19 A FASTER growth trend this year heralds good times for Finnish company Valmet, with turnover (or the group touching 1.9 trillion marks, a rise of nearly 30 per cent (or the first (our months of 1984. New orders (or the company rose sharply, by a299 words
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343 1984-06-22 19 AGA Navigation Aids, a subsidiary of the Pharos group, was recently awarded a contract in Egypt for the largest single aids to navigation project in history. The order, for Gulf of Suez navigation, is not just for the supply of equipment but for343 words
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5182 1984-06-22 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.5,182 words
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Article657 1984-06-22 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sea Prelude 28 22.684 2300 Eastern M TA 3 1000-1100 L7 Asia Winds 404E 22.684 2300 Or Seawinds TA 3 0900-1100 P4 As Progress 278 23.684 0800657 words
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Article1807 1984-06-22 25 The leading shipping lines operating from local ports and their agents. A-B AFF A African Shipping Agencies (S) Afra-Earaala Um Transgroup <S) Ahrenkiel Liarr SrrvW Kim Shpg (S> Alfred C Taepler Oceanus Shipping Agency (S) Marintex Enterprise (PK) 41 pas Intrasea (S) Bin tang Shpg (KL)1,807 words
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Article389 1984-06-22 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Coral Equator IV Kota Agung Stolt Llandaf f Vlshva Nandlnl Armagnac Honglam 06 Jie Yang Leo Tornado Straits Pride Aldeba 6/7 22 10/11 15/6 47 46 31/2 47 27/8 20 25/6 SSPL Thong Soon PIL S Nielsen389 words
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Page 17 Advertisements
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Advertisement443 1984-06-22 17 Publi*h**i and Distributed bv FEDERAL PUBLICATIONS MpH 2 Jurong Port Road. Singapore 2t61 L'J'i A member of The Times Organisation S iahdink ANTAH w FULLY CONTAINERISED SERVICE TO EUROPE VIA SUF7 CHTU CONTAMER 26W CJCVAIHI ROS m n owner m 1 J"'l' JJ 13 FROM FUROPE VIA SUEZ KOREAN CHANCE443 words
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Advertisement201 1984-06-22 17 SEALORI) UASC U UNITED ARAB SHIPPING CO SAG 0 NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE RED SEA SERVICE SEAIORD SHTPWG AGENCCS (Rtf No 242SCS/OOC) 70 SHENTON WAY #04 02C MARINA HOUSE. SINGAPORE 0207 TEL *****94 TELEX NO201 words
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Advertisement0 1984-06-22 17 _:\>?^.^@|?{(`<'[*;]?!^=@'-^):}0 words
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Advertisement742 1984-06-22 17 kc:» or *a W FAmmSJ cowsotrm IFULLY CONTAINERISED SERVICE! ft tit a tmntmt ,'W'MJ r >«* FAR EAST/EUROPE KL (PGT) Id: *****6 For more d»t»j|« r»ff p»y IV MAERSK LINE EXPORT FASTEST SERVICE TO USA EUROPE TO U S PACIh It'. GUI> ATLANTIC. FAST CANADA. INI.AM) POINTS M. M. M.742 words
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Page 18 Advertisements
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Advertisement275 1984-06-22 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe. Mm Jkupfai F»r 1) Barcelona Genu. 2) Amsterdam Antwerp. I Havre. Basle. UK. 3) Bremen Bremerha»en Aarhgs Copenhagen Helsinki 4) Matmo Stockholm. Oslo •Accepting Europe cargo tor teeder >ia S pore 'Also direct carp tor Spore t Banjkon Ph contact PERM6C P Heianj lor275 words
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Advertisement396 1984-06-22 18 V Mrtwttl LA/L 4 OM totter ttl SWT 25/4 UM M 2J/7 2C/7 HMOK M 34/7 Zl/i 24/4 1/7 TWM9MM 27/7 34/7 K TOW M 7/1 5/7 4/7 1/7 J AWUO (/< TOKYO M 12/1 13/7 14/7 14/7 Q.N BMK 12/1 15/4 IJI Mp 22/1 Also accapting LCL Cargo for396 words
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Page 19 Advertisements
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Advertisement918 1984-06-22 19 The Straits Steamship Group oci Overseas Containers Limited ICONTAINERSHIP SERVICE TO UK CONTINENT ■win— BUM HONCXOK EKB Stan Iftet Iran l«/ 7 10/7 21/7 24/7 20/7 »/7 12/1 M/l 44/4 00/4 U/l 13/t lt/t IS/S 29/1 23/1 2S/I 27/1 (1/1 13/1 •7/1 00/4 U/l i«/» ii/j 20/0 23/» 2S/J 27/1918 words
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Advertisement359 1984-06-22 19 CARGO SPACE AVAILABLE TO ALL INCHAN PORTS, COLOMBO, CHITTAGONG, PORT LOUIS, FIJI ISLANDS AND ANY OTHER PORTS SUBJECT TO YOUR ENQUIRY. BEST RELIABLE SERVICES AND COMPETITIVE RATES TO YOUR SATISFACTION. FOR ENQUIRY KINDL Y CONTACT: M/S. DAYAL TRADE AND TRANSPORT AGENCY TEL: *****95/*****45. TLX. NOS. ***** NATES. Franco Belgian Services359 words
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Page 20 Advertisements
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Advertisement699 1984-06-22 20 EXPORTS HunboMt Eipress Benavon Hkorif Eiprtu Carff an Bay BtnaMtr luerptl Bar Bremen Eiprtu Hwtal Eiprns 10 NORTH FUROPf MEDITFRRANEA S port P Ketanf Per* loimi Bfeas Genu HTjurj (dim Bliavtn Anftmp TSU 27/S 29/6 2/7 17/7 24/7 31/7 2/1 10 US* CANADA f Ketone S'ptre feeder 29/6 tmponi fipress699 words
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Advertisement400 1984-06-22 20 t MOMfi FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Memhei ot the Ace Comoftwn 11/7 19/7 21/7 23/7 It/7 24/7 25/7 27/7 29/7 1/1 4/8 5/8 7/8 9/1 12/1 10/8 11/8 13/8 15/8 18/8 UROPf SUM Memcfi ol the Ace Conswtiwn Buun toM 5/7 12/7 7/7 10/7 17/7 22/7400 words
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Advertisement392 1984-06-22 20 r EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE EUROPE MR EAST CONTAINER SERVICE FAR EAST/MED FUEL CONTAINER SERVICE SGP m ID LCD IMA PSO MX BCN LEG GEN FOS Ewfnvd 30/4 12/7 17/7 17/7 IJ/7 25/7 21/712/7 23/7 Im 11/7 22/7 27/7 27/7 2»/7 4/1 31/7 1/1 2/1 AISO ACCEPT* CARGO392 words
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Advertisement960 1984-06-22 20 «a KIE GWAN SHIPPING (M) SDN. BHD. No 26-A Mi. AM BERANGAN PORT ttIANG SELANGOR. MALAYSIA TEL: Nk *****2. *****5. 3X91(2 *****4.*****2.*****7 ft. MALAYSIA/STORE TO E. MALAYSIA SERVICES: t*JOMOH SATU KKblu. S'kan. Tawau tKITA Kuchtng. KKblu tHATI BA* KKblu. S'kan. Tawau tGAMBELA KKblu. S'kan. Tawau tHATI SENANG KK. S kan.960 words
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Advertisement175 1984-06-22 20 QSINOSE J MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SimNri PJ(etanf Loadni tar KYOWA BREEZE 25/6 26/6 P. Moresby, Lm. Madant Rabatl Kieta, Honiara OCEAMA 16/7 P. Moresby, Lm, Rabatf. COURER Honiara, Noumea, Lautoka. Suva, Papeette, Pap, Apia. Acccpfa|175 words
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Page 21 Advertisements
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Advertisement719 1984-06-22 21 PIL GROUP EAST AFRICA/REDSEA SERVICES mrH rrtl m rr KARACHI/P GULF SERVICES i./.'l COLOMBO/CHITTAGONG/RANGOON SERVICES Colombo 28-1/8 KOTA BERJAYA W-417 20-23/7 KOTA RATNA VOV: 9/84 23/6 KOTA PELANOI VOY: 8/84 29-30/6 KOTA RIA VOY: 9/84 INDONESIA SERVICES S'PORE VOY: SURABAYA 8-10/7 1-3/7 20-24/7 10/84 9/84 PACIFIC INTERNATIONAL LINES PTE LTD719 words
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Advertisement810 1984-06-22 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO tUROPt HunbaMt Tiprtts Bourn Hongkong [iprrsi Carig an by BanaMtf Intrpatl Bar Brwwi (iprrsi Hjmbwi Eiprns Kwana Mara WITH LBERTY TO CALL AT HAD SEA PORTS PCNANG FED MA SMGAfORE (KjJEBSEN LINE NEW ZEALAND SOUTH EAST ASM ft! So Pug So *g810 words
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Advertisement566 1984-06-22 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service Full Container Vessel Bus an Toko- Ko6« Kao- Spore T(tnok tunu shunt VllO6/11HB l»/6 20/6 21/8 24/6 5/7 7/7 GOWA *10-08 11/7 14/7 18/7 20/7 2S/7 27/7 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STORE P KELANGR'DAM, TIBURY H3URG AKTWOP ADAH LONDON BREMEN566 words
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Advertisement500 1984-06-22 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION Loading for Rangoon S pore P.Kelong Penang H k 26/27 June Htoneywa Vl9l 3/5 July Poon V 73 11/14 July Pinyo 15/18 July BANK LINE EXPRESS DEPENDENT SERVICE TO UK/CONT ISPORE R'OAM HULL HMBG CLYDEBANK 111 July 5 Aug 12 Aug 8500 words
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Page 22 Advertisements
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Advertisement829 1984-06-22 22 v»\ K KAWASAKI KISEN KAISHA, LTD. UoA CANADA PACIFIC COAST (Including DESTINATIONS INLAND vt» IPI/MICROBRIDGE A MINILAND BRIDGE) FEEDER/ MOTMER VESSEL PKIG JOHORE BRDGE *32 TONER BRDGE *27 25 Jun JOHORE BRDGE *32 SHM BEBNU MARU *09 25 Jun JOMORE BRDGE *32 YAMASHM MARU *2319 25 Jul 2 Jul 8829 words
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Advertisement372 1984-06-22 22 I NED COLOMBO VMIIF OSMA MMU VCllCf NAYMANA MMU VMI4G S.A. MOKENSTER MUQ J A VAAL VMIK JAROME SHPPMG AGENCES (Rtf. *****4/ 00K) 70 SHE NT ON WAY #04-03 MAMNA HOUSE. SKGATORE 020? TEL 221MU TELE* NO KS ***** CFS Off ICE TPC #03-02? Tel *****31 ind *****32 TERMINAL OFFICE372 words
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Advertisement602 1984-06-22 22 '/It CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE la*** tar lOS ANGELES SAN FRANCISCO SUTTLE. TACOMA VANCOUVER C Accaptanf Fa/fa ContMwu vs* sri vc AUSTRALIA EXPRESS CONTAINER SERVICE Accapfef Fa/Fa CoKam Ah# icctptnf P riant to Audi N«4 lytl "■N- Spn MA Sr* Mm KC «h ■T 27/2R M* 29/30602 words
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Advertisement478 1984-06-22 22 SANKD ASIA UNEI FROM JAPANESE PORTS AND HONGKONG m GOLDEN LINE MAN MAN StHPMKC (PTE)LTD ■mi )M| rinirt M M*| to C*d Strwt SWAPOH 01M 1* Bltm (10 LICS) I* Kwto L««a H»1 f IIWI f«M| xtm STRAITS/PERSIAN GULF Sflfflff: 60UW StASON Cokmbo Mmjqjtxxn Dub* Bfi r«n Ku««t COLOEN CITT478 words
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Advertisement382 1984-06-22 22 n INTRASEA (PTE) LTD Jl 10 Ansoc Ro.icl »27 16 Intern.itmn i P'a/<* 0207 Tel iP-JbSli <10 lines o BREAKBULK SERVICE TO EUROPE/UK FORT NELSON *****07 S P»* P. KM** Lu*( tar- t/7 sete/rott/ant/uj SEAWOOD SHIPPING CORPORATION S pore P. Kelanj Loadvtf tar: Aftrts imtmmt KTRASEA (PIE) ITO BOOMS 22*511382 words
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Page 23 Advertisements
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Advertisement437 1984-06-22 23 i^NOL NEPTUNE ORIENT LINES LTD I TO EUROPE/UK (VIA SUEZ): C PAUL 40* C CONTAIO 26W+ C ROZE 39W N CRYSTAL IN MAETERLMCK 2*f K CHANCE 18W Also accepting cargo to/from Scandinavia C CONTAINER S'pore Closing Times: FCL Cargo 1400 28/6 LCL Careo 0200 28/6 FROM EUROPE (VIA SUEZ) MAETERLMCK437 words
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Advertisement509 1984-06-22 23 HEUNG-A SHIPPIN Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNC. BUSAN, INCHON Ni 7 Donam 40bM No i Datum 4G4N Hi I Oman 405N I. l»hn 403S Ni Dm 40 3D Ni Dotmi 40W Ni I Omm KM 1/7 11/7 IS/7 tn it/7 14/7 IS/7 HSCHMCSK OUT </l 4/8509 words
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Advertisement665 1984-06-22 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUI DWG 55, Martet Street Sinfapore 0104 Telephone Nunbers *****3 (15 Um) Cable Address SMSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWMT NAM SOON SON. M> IST AND 2NO FLOOR NO 1. JALAN CEMPENMG PORT KLANG.665 words
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Advertisement52 1984-06-22 23 ahrenkiel liner service gmbh DURBAN JOHANNESBURG MAPUTO. MAURITIUS 8. REUNION EAST MALAYSIA SMPPMC UT. (PTE) LTD I 414 Ml STREET. STCK UK. TEL: *****11 (4 IMS) I TElfl >0. QMS 1K253M I tnx cirp at TAS (PS* Mm Wharf) Iran Monday to Satwday Acctpfcnel BraakM/MrtM*/ 20ft Gt Cantatan Maunan Wt52 words
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Page 24 Advertisements
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Advertisement491 1984-06-22 24 :|i l'c<|i»nal Container Lint's^ I, 3 Sailings Weekly Reliable Regular Punctual Berthing P S.A. 1500 Hrs. Tues. Thurs Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER S par* PK Pnf Li ALVMA 1/10 JM ALPHA MOFIC 23/25 M •Hen? m 120 tarn EXPRESS SEIf-CONTAMER SERVICE I Far Evape: S491 words
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Page 25 Advertisements
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Advertisement105 1984-06-22 25 French Line REGULAR •CONTAINER SERVICE TO BANGLA-DESH/INDIA/SRI LANKA/PAKISTAN ir Y M?\ JU 4QK; r genial agents sealion SHrmc (S) pte ltd. L/vA Jl\l\r SINGAPORE SALES/BOOKH6S TEL *****51 (I IMS) EH DIRECT FULL CONTAINER SERVICES TO US PACIFIC COAST PT KELANG I PENANG 18/6 2/7 9/7 am»i tarns ORKNTAI SE AMINOS105 words
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Advertisement384 1984-06-22 25 jF Nedlloyd Lines Lo«).ng)o. CENTRAL AND SOUTH AMERICA) CARRIBEAN/CENTRAL/EAST COAST SOUTH AMERICA accepting containers to Corribeon ports vio B'town EAST COAST SOUTH AMERICA VESSEL S'POftd P.LOUSSTOS P'GUA R. GRA M'DEO B.AIRES N Loir* 6/7 15/7 31/7 4/8 6/8 9/8 1/8 Aconcagua 26/7 NLauvo 30/7 8/8 25/8 2/9 4/9 7/9 9/9384 words
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Page 26 Advertisements
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Advertisement94 1984-06-22 26 UNITED FORTUNE SHIPPING PTE LTD Tel: *****23. *****30, *****07, (BOOKING AGENT FOR) Eta Etd Loading tor 16/6 Surabaya. B mawi 25/6 Surabaya. (NTH) FOR TUMI SrtPMNG PTE LTD 13. MARKET STREET #06 02 CYS BUR DWG TEL 533*023 533*030 SMGVORf. 0104 TUNG HO I A VESSEL P.T. WASESA LINE JAKARTA94 words
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Advertisement71 1984-06-22 26 >S NG Shipping Private Ltd. -yN G#- Telephone: *****90, *****43. REGULAR SERVICE TO AND FROM CHITTAGOffG/MADRAS (S pore Ftof) SMGATOK PfNANG CWTTAGONG NEW GAIACTIC* 30/6/84 NEW GUARDIAN In Part ACCEPTMG 20FT CONTAMER FCI and SOC MADJU SDN BHD REGULAR WEEKLY SERVICES TO I FROM BELAWAN VESSEL HA ETD OELRM 12171 words
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Advertisement630 1984-06-22 26 FREIGHT MANAGEMENT 0 •rci t ici r.Tiamin UK/CONTINENT 24/4. 3/7. 4/7 CANADA/U S A n/i. n/c 34/4. 4/7, 4/7. 9/7 MEW ZEALAND 25/4. 24/4. STIIWT ML BOURN AHIAU BRISBANE FHMANTIE UK ports SCAJONAMA U HMM ANTMtRP ROTTEROAM BHMIN HAMBURG Ml MAKW PORTS NISI 4 EAST COAST I GUF AUCKIMB NtIIMGTON630 words
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Advertisement617 1984-06-22 26 Everett Lines COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loahni to» Cafcto lAitirin, lo and M other Pnu»cin ports «ntn liinshipmwl it Hongkong and of Hot* On CPV through Ms ot Lading to Imat destination MANOLOEWRETT KMCVERETT MURRAVEVERETT P. KcUnf Snfapore 2/4 My 5/8 Mr 9/11 My 12/13 My617 words
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Advertisement765 1984-06-22 26 Z I M NON-CONFERENCE NX] c*r*« to USA East I Nest CMst. Pi Feeder HWi Sa lOR TO AM K (II IMC 23 km A KSSft rn T«TO 30 km A HSSEI m 10* TO M ft *SSI m WN TOM IS kt ft KSStI m GENOA 23 u ft765 words
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Page 26 Miscellaneous
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Miscellaneous175 1984-06-22 26 'WYNNE' /MAXSOKr i Regional Weather i m z i a i 24 N m V. Wk -^*06 A\ S r. v^o3 S S M §9 IY\ > £1 S3 (>« SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature o c A, Shower Weather —J Wind175 words
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