The Business Times, 25 June 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 MONDAY, JUNE 25,1184 60 CENTS
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  • 649 1  -  BOARD LIKELY TO INTRODUCE LOW-PREMIUM POLICY By SOH TIANG KENG UNDER THE proposed lite insurance scheme of the Central Provident Fund, the family of the policy-holder will get the full lump sum of the amount assured only upon his death. The scheme
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  • 333 1  -  By WANG LOOK KEAH, Transport Correspondent THE PROSPECT of losing a large portion of its sales network is holding Singapore Airlines back from joining the International Air Transport Association. The national carrier will theoretically have to stop selling through non-lata appointed agents once
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  • 121 1 Bernama ALL VEHICLES except motorcycles plying between Johore Bahru and Singapore will be charged toll soon, Malaysian Works Minister Datuk Samy Vellu announced yesterday. He expected about MJ35.000 to be collected from vehicles crossing the Johore Causeway daily, but did not disclose the actual toll rate. Speaking
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  • 249 1 THE PETROCHEMICAL Corporation of Singapore (PCS) has secured a sizeable order to supply one of its upstream products, butadiene, to Australia. Although no contract has been signed and supplies are being sent off on a shipment-to-shipment basis only, the order could add
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  • 315 1 Reuter IRAQ said yesterday its air force and navy jet fighters successfully attacked four large vessels south of Iran's Kharg Island oil terminal in the Gulf. A military spokesman said over Baghdad Radio the aircraft scored effective hits on all four "large naval targets" before
    Reuter  -  315 words
  • 181 1 THE Malayan Railway (KTM) administration plans to seek a court order to evict the present operators of the hotel at the Tanjong Pagar station in Singapore. KTM wants to tender out the station hotel to other interested parties as the lease for the Lim family, which
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  • 278 1 THE IDEA of extending the Central Provident Fund contribution to the self-employed was one of the topics raised at the forum. Mr Goh said he supported the idea and shared the view that young self-employed persons generally did not save for their future. He said
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  • 154 1  -  By LISA LEE THE TALKABOUT', a forum presented by grassroots community leaders, will now be a platform for public discussion on topical issues. At an inaugral session held at the Telok Blangah Community Centre yesterday morning, Defence and Second Health Minister Goh Chok Tong
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  • Page 1 Advertisements
    • 140 1 Call Wayfoong at 737-7977 for a fast decision on your loan Waytoong Mortgage and Finance (S) Lid A wholly-owned subsidiary o! Hongkong Bank 6. Claymore HiH *03-00 Claymore Plaza. Singapore 0922 A.P. No. 0006. This personal screen-size Trinitron is Sony's latest addition to its SBCTEXT lineup. It has super space-age
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    • 348 1 Let it be known that Bum boot! is on extremely courageous effort on the part of local artists to bring theatre to the people. JAIME LYE reviews. Page 9 It was a night of great ambitions. And although local ballet has a long way still to go, the performances on
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    • 76 1 Where efficient and personalised service is a tradition iv jy i-j-FOUR SEAS CGMMIS AMQfcS .T D Head Otlic e When Japan Air Lines is NO.I out of 129airfines in the world* you are in a class of your own. Thank you for your overwhelming support. r-3L I For more inforrr.ation,
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  • MANAGEMENT
    • 1123 2  -  By DAVID SUTTON FT DURING THE past four years, through various agencies, the UK government has been putting money and effort into the creation of small businesses. These efforts are to be commended and much of the help, training and advice
      FT  -  1,123 words
    • 267 2 NO ONE can be trained to judge just how much a market will stand. But the small businessman, when considering his prices which will determine his profitability and his prospects of growth, would be well advised to consider five propositions. In spite of Ralph
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    • 593 2  -  By CHRISTOPHER LORENZ FT IN COMMON with many other traditional sectors of manufacturing. the motor industry is "mature", and the West can therefore do little to stop its car makers being swamped, first by the Japanese and then by imports from cheap-labour developing countries.
      FT  -  593 words
    • 142 3 NOBODY likes to be seen wearing a bulky hearing aid with wires hanging out of his ears. Now microelectronics has come to the help of people with hearing difficulties, in the form of a hearing aid so small you can tuck it
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    • 76 3 ARTIFICIAL SALIVA JAPAN'S Teujin Ltd has filed an application with the Ministry of Health and Welfare for marketing artificial saliva sometime in the third quarter of this year. The man-made saliva is composed of physiological salt solution, minerals and an agent for improving viscosity. Users of this
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    • 97 3 ANIMALS THE EUROPEAN Parliament has been asked to pass a resolution to provide two nurseries and creches for baby seals in the East and West Mediterranean, to prevent their extinction in these regions. The number of these seals, about three metres long and weighing 400 kilograms, dropped
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    • 107 3  -  COST CUTTING EFFORTS Compiled by LEE HAN SHIH WHAT IS considered trash in one factory can often be turned into a source of energy or saleable commodity, and many Westinghouse factories have proved this fact to their benefit. Through a corporate waste disposal information clearinghouse set
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    • 772 3  -  By JOANNE YAP MANAGERS generally call upon their experience, intuition, value judgement and personal preferences when it comes to making decisions. This "gut feeling" or "playing it by ear" method of making decisions is frequently influenced by subjective elements, beyond the realm of words
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    • 361 3  -  r M ARKETINGj By TSANG SAU YIN SHOPPING behaviour differs, to a certain extent, between a person who is more "Westernised" and one who is less so. "Westernised" is a description given to the more educated and more English-educated who show strong Western beliefs and lifestyles. This group
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  • Page 2 Advertisements
    • 560 2 Inspired By Nature To Bring You A Whole New Stane&rd Of Luxury Living. 11=42parti. surroundings, with large plot areas ranging from 1,404 sq m (15,107 sq ft) to 1,582 sq m (17,022 sq ft). The gently terraced land of the estate adds interest and character and creates opportunities for artistic
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  • Page 3 Advertisements
    • 229 3 clhv When we started making Volvo cars way back in 1927 we concentrated on making them tough, rugged individuals rather like the Swedes themselves, in fact. Out of that strength and durability was bred Volvo's renowned safety. But you know all about that. What a lot of people don't seem
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  • OVERSEAS
    • 453 4 Reuter US SENATE House of Representatives negotiators agreed on Saturday after a 20-hour session on a compromise of US$6l billion in tax increases and domestic spending cuts over the next three years. A joint conference committee adopted the package as part of an agreement between
      Reuter  -  453 words
    • 144 4 NYT CHINA HAS informed the Reagan administration privately that it will offer no additional assurances beyond its public pledges on nuclear non-prolifer-ation, administration officials said. The Chinese were said to have told American envoys that they had taken a "stand of principle," that the
      NYT  -  144 words
    • 293 4 UPI FORMER US Secretary of State Henry Kissinger said in an interview published in a Japanese newspaper the worsening world debt crisis could impair US ties with Western Europe and Asia. The article published by the daily Yomiuri Shimbun, quoted Dr Kissinger
      UPI  -  293 words
    • 182 4 AP FOREIGN businesses, solely owned or joint ventures with China, will be exempt from the new taxation system being introduced in October, a Chinese state tax official said last Saturday. Mr Jin Xin, Director of Taxation at the Ministry of Finance, said the reforms only apply
      AP  -  182 words
    • 157 4 Reuter US PRESIDENT Reagan said the United States has regained the economic leadership it enjoyed in the 1960s and urged Congress and the Federal Reserve to help protect future expansion. "This is the first time since the 1960s that we will be able to
      Reuter  -  157 words
    • 79 4 AFP DUNLOP MALAYSIAN Industries has won an international contract to supply 5,000 agricultural tractor tyres to Pakistan. The contract, worth more than Msl million, is Dunlop's first for agricultural tractor tyres. Its marketing director, David Yee, said that the tyres would be used for tractors assembled
      AFP  -  79 words
    • 281 4 AFP NANLIEN International Corporation, one of Taiwan's largest trading companies, is expected to reach an agreement with Malaysia to supply whole plants for 18 more small factories, a company spokesman said last Friday. The spokesman said the proposed plants will manufacture
      AFP  -  281 words
    • 351 4 Reuter THREE prominent Hongkong figures said yesterday they had accurately reflected the wishes and anxieties of the colony's 5.3 million people about the future during talks with Chinese leader Deng Xiaoping. But they declined to comment on media reports that they had been
      Reuter  -  351 words
    • 64 4 Bernama PETRONAS will take another step forward when it officially launches its domestic piped gas scheme for homes in Malaysia at the end of the year. A pilot programme is currently under way here in which domestic gas is channelled from the gas station in
      Bernama  -  64 words
    • 677 4 ARRIVALS Operator Swvict Local From number tMM PAA PA5 0020 JFK/SFO/HKG SIA SO 43 MH68I 0750 DHA MAS 0620 KUL MAS MH60I 0905 KUL sv SV386 0910 JED/RUH MAS MH671 0935 KUL MAS MH81I 0940 PEN CAL CI806 0945 HLP RBA BM2I 1000 BWN SIA SQ103 1005
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    • 184 4 Reuter BRITAIN has rejected a Malaysian request to increase the number of Malaysian Airline Systems (MAS) flights between London and Kuala Lumpur, the Sunday Times said yesterday. It said British Airways (BA) was trying to protect its cldse relationship with Singapore
      Reuter  -  184 words
    • 368 5 NYT THE US JUSTICE department said on Friday that it had been conducting an antitrust investiStion of International Business tchines Corp, examining the possible anti-competitive effects of a legal settlement that IBM reached last year with a Japanese competitor. Justice Department officials hastened to call
      NYT  -  368 words
    • 132 5 Reuter SENATOR EDWARD Kennedy, once a harsh critic of leading Democratic presidential contender Walter Mondale, is expected to throw his support behind the former vice-president. It is not known why Mr Kennedy was visiting Mr Mondale. But the possibility that Mr Kennedy, a leader of the
      Reuter  -  132 words
    • 918 5 IN ITS biggest financial shakeup since the end of World War Two, the City of London is planning radical changes to try to restore its waning position in the world securities market. The reforms, due by the end of next year, promise to
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    • WORLD IN BRIEF
      • 52 5 THE West German Labour Office has no plans to pay benefits to workers locked out in a dispute over shorter hours, in spite of a court ruling that it was wrong to refuse payments. In saying this, Labour Office president Heinrich Franke contradicted remarks by an
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      • 54 5 PHILIPPINE President Ferdinand Marcos corrected his earlier statement that the country's integrated steel mill project had been scrapped, saying the bidding for its contraction was still on. He said last Monday that the project had been cancelled because it was "capital-intensive...and of long duration", and this threw
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      • 49 5 UNIDENTIFIED gunmen $hot and killed the attache at the Austrian embassy in Lebanon in West Beirut on Saturday. Mr Loitzenbauer, 45, accompanied by his wife, was parking his car under the building where they lived, when two gunmen forced him out of the car knd shot him.
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      • 49 5 JAPANESE farmers, angered by the government decision to Import rice from South Korea to meet a shortage, threatened to refuse to cooperate with the government's policy of cutting back rice production, a farmers' spokesman said. South Korea has agreed to provide Japan with 150,000 tonnes of rice.
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      • 45 5 THE Sri Lankan government has uncovered a plan to involve students in a campaign of violence when schools reopens in Colombo today. National Security Minister Lalith Athulathmudali said the government was fully aware of who was behind the move to whip up trouble.
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      • 54 5 Agencies SOUTH KOREA'S economy is expected to grow 8.1 per cent this year in gross national product, down 1.2 per cent from a year ago. The Korea Development Institute said on Saturday in a quarterly report that the country's economy will see a 7.5 per cent annual growth
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    • 221 5 NYT A PLAN TO create a common market in mortgage and home loans servives across the EEC will be unveiled in the autumn. Mr Christopher Tugendhat, the EEC Budget Commissioner, said the proposed directive has already received a "surprisingly cool" response from
      NYT  -  221 words
    • 198 5 Reuter EUROPEAN Community unemployment is expected to rise by an average 11.4 per cent in 1965 despite a forecast of stronger economic recovery, the European Commission said in an economic outlook report. Higher than expected economic growth in the community, forecast at 2.2 per
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    • 191 5 UPI NOBEL Prize winners and French politicians have made a worldwide appeal for increasing aid to help eliminate Third World famine. A conference, known as the "Meeting for Survival and Development" issued an appeal signed by 7,500 French mayors "united against the
      UPI  -  191 words
    • 167 5 Reuter A DUTCH sociologist who spent seven years combing through hundreds of studies on happiness, has dispelled many myths about what makes people satisfied with life. For his recently completed PhD (Doctor of Philosophy) thesis, "Conditions of Happiness", Ruut Veenhoven said he examined 245 studies
      Reuter  -  167 words
    • 465 5 Reuter THE SOARING cost of Britain's 21st-century Trident nuclear deterrent is already deterring some government politicians, now worried the nation can no longer afford it. A number of Prime Minister Margaret Thatcher's Conservative party are growing concerned that the American submarine-based missile system last
      Reuter  -  465 words
  • Page 4 Advertisements
    • 115 4 SMILE If you have business in Brunei and Hong Kong, only Royal Brunei can offer two flights a day, three on Friday and Sunday, to Brunei. Then when you've finished in Brunei we can fly you direct to Hong Kong and on the way you'll enjoy the famous hospitality of
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    • 208 4 ALTERNATIVE FINANCING: FACTORING; Are accounts receivables tying up your cash flow and hampering growth? Our factoring service can relieve your organization of such problems. We offer factoring of bills and accounts receivables at attractive terms. Gill us today. We'll be happy to assist you. SHING LOONG FINANCE LIMITED A whoVy-tmnrdsuhinJiar}
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  • Page 5 Advertisements
    • 109 5 FOR AUCTION DEVELOPMENT LANDS 1. Vacant land at KMang Guan Avenue, behind Lot Nos 225 t0234,236 t0238 663. TS2B Land Area 67,741 sq ft Title Freehold Master Plan: Residential density Zoning 495 pph 2. Land at Nos 219 6 221 Moulmdn Road, near Thomson Road In principle approval for a
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    • 24 5 I •J II 'I nnri- II >)IACJ 7 n ji .1 .y COOKAC CAMUS xo f '113J AMUS XO COGNAC CAMUS XO < X i\-\(
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  • BANKING AND FINANCE
    • 760 6 Shrinkage in huge traditional source of funds Reuter RECENT upheavals in the United States banking system have forced some major American banks to draw extensively on their credit lines and step up their offshore funding, banking sources said. A dramatic shrinkage in the domestic
      Reuter  -  760 words
    • 115 6 Reuter JAPAN will put three new banknotes into circulation on Nov 1, changing colours and adding raised type in Braille (or the blind. The Bank of Japan last Friday said the notes (abave), (or 1,000 yen, 5,000 yen and 10,000
      Reuter  -  115 words
    • 227 6 Reuter STOCKBROKERS James Capel and Co said a turbulent period is likely to ensue in British money markets, as discouraging estimates of June money supply circulate over the next few days. But Capel believes that on domestic monetary grounds, the British authorities will
      Reuter  -  227 words
    • 574 6 Reuter BELGIUM'S leading European Currency Unit (ECU) operator, Kredietbank NV, has called for a revision later this year of the basket of the ECU, the composite currency of the European Economic Community (EEC), to keep in line with the spirit of the European
      Reuter  -  574 words
    • 100 6 UPI MAJOR Canadian banks raised their prime lending rates from 12 to 12.5 per cent last Friday as the faltering Canadian dollar tumbled to a new historic low of 76.46 US cents. Royal Bank of Canada, the country's largest bank, was the first to boo6t its
      UPI  -  100 words
    • 246 6 NYT FINANCIAL Corporation of America (FCA), the largest thrift company in the US, has withdrawn its unusual plan to swap debentures for common stock after what the board describes as "untenable" requirements by the Federal Home Loan Bank Board (FHLBB). The offer,
      NYT  -  246 words
    • 351 6 NYT INTERNATIONAL tenders for two 500MW turbine generators costing about US$96 million are to be invited by India's National Thermal Power Corporation in October for extending the Farakka coal-fired Power Station in West Bengal. This month the World Bank approved a US$3OO.B
      NYT  -  351 words
    • 282 6 Reuter WESTPAC Banking Corp ispoised to follow Australia's two" other listed trading banks witty a rights issue to improve its' capital ratio and raise funds for" possible acquisitions, according to a survey of brokers. They said there is a widely held view in
      Reuter  -  282 words
    • 332 7 INTERNATIONAL foreign exchange markets saw a strengthening of the US dollar last week. The dollar rose to an alltime high against sterling and the Canadian dollar and characteristically, the yen remained relatively untouched by the dollar's upswing. Underpinning the dollar was the better-than-expect-ed condition of the US
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    • 464 7 THE US dollar closed Friday more than six pfennig's higher than the week before, and dealers expect the currency to renew its recent surge this week. It closed at 2.7825/35 marks compared with an opening 2.86/70 and a late 2.7815/25 on Thursday. The rinib>r reached an early 2.7890
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    • 173 7 THE US dollar rose to record highs against all currencies on the Singapore foreign exchange market last week supported by rising US interest rates and positive economic indicators. The Singapore dollar strengthened against sterling, deutschemark, yen and Australian dollar but eased against the US, Malaysian,
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    • 482 7 PLR of banks at the close of business on Friday, June 22 as supplied by the Association of Banks in Singapore. THE PLR is tbe lowest lending rote at which a bonk is prepared to lend in Singapore dollars to its clients on on overdraft or demand
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    • 224 7 RATES FOR overnight funds on the Singapore interbank money market moved erratically last week from a low of 6V« per cent to a high of 7Vi per cent before settling to close at IV» per cent. Term rates tended lower early in the week as funds
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    • 217 7 Asian rates ASIAN currency average deposit rates for the week ended June 22: BID PtICES High Low us$ 7 day* 12 3/16 11 5/16 1 month 12 II 1/4 2 month* 12 1/16 II 5/16 3 month* 12 1/8 II 12 3/4 IS/16 6 month* 12 1/2 9 month* 13
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    • 34 7 THE RANGE of caN rates for the week ended Friday, June 22: Bonk fund 5.25 to 5.4 General fund 5 to 5.3 $m MoveMflts of funds 1,415 Source: Short Deposits (M) Bhd
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    • 88 7 THE JAPANESE Finance Ministry has relaxed the rules of gensaki trading, the selling of bonds in a secondary market with repurchase agreements, to include foreign bonds. Gensaki trading was previously limited to yendenominated bonds. The relaxation follows increases in holdings of foreign bonds by
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    • 272 7 GOLD BULLION prices closed at U*****.50 a troy ounce last week, a rise of $2 over the week. The metal was traded within a narrow $9.50 range during the week. It fell to its low of $367.50 when the US dollar strengthened on higher
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  • Page 6 Advertisements
    • 232 6 Have a smashing time at Stamford Arms t r i We've N Dun\o\> )um II MAX g 200Q The official McEnroe racket Stamford Arms is all set to serve a real winner! Dunlop's triple treat. Exciting display of Dunlop tennis gear and equipment including the Max 200G, official racket of
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    • 156 6 IMfeputfVbuinßooms P Big enough to putt in! kt the E O Hotel, rooms are 81G..... SUITE SIZED!! Luxurious, completely, KMshed with multi-split air conditioning, realistically priced from Msllo.oo+ the best value for money in town. iveniently located in the city, the E O is set amidst sprawling gardens that r
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  • Page 7 Advertisements
    • 289 7 The Tough Mover for the toughest MRT sites i i*v V- >543 r *£d 'ft-' >5 iasJ «HI 4. 5 J SBST*? t jt :I ;-rs t, KV h Vi m i: ■B v on-tHe-road excluding NEW AWheel Drive Nissan Patrol Diesel Pickup Building an MRT is tough work. It
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  • FEATURES
    • 1312 8  -  On July 14, New Zealanders go to the polls in a general election that promises to be bitterly contested. The key issue will be the National Party government's handling of the economy since 1976, and the record of the Prime Minister, Sir Robert Muldoon. MICHAEL THOMPSON-NOEL
      FT  -  1,312 words
    • 727 8  -  This is AUSTRALIA 7. By FLORENCE CHONG AUSTRALIANS have long learned to live with strikes... so much so that outside kangaroos and koalas, foreigners are starting to associate Australians with industrial strife. Now, they have a strike on their I hands that they do
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    • 488 8  -  Letter to the Editor Dr R C Casper, M Cms, Pfc D<EO*)^ca. DEAR SIR IN AN ARTICLE in your issue of June 14, 1984, headed "India seeks the return of prodigal dollars" Mark O'Neill highlighted the Indian government's efforts to persuade overseas
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  • Page 8 Advertisements
    • 185 8 for immediate occupation T< )P QUALITY L\ A THE HEART OF RAFFLES PLACE f. 'A m vm Z2 Va :> "T? Tel Owner a, Deveiooer The Chartered Bank 225 8888 Sole Letting Agent Jones Lang re, 532 3888 <*****0 after hours) You may need our services And yet not know
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    • 147 8 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price changes
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  • Page 8 Miscellaneous
    • 6 8 BliStowvFraoJc Dicfaajs I n m ass:
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    • 868 8 TO HUH) mm PM SBC Text "Live" Sanple Paces D n_j_ l.ji hi a IC Lil „L t i-M-...» J L.. uperanf mm programme rtgwgiiis roeoweo oy Swordsman Chu (Mandarin with English subtitles) Casper, the Friendy Ghost He Ain't Scary, He's Our Brother (Cartoon) The Watervie Ganf: Sharky Shark decides
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  • THE ARTS
    • 734 9  -  Let it be known that Bumboat! is an extremely courageous effort on the part of local artists to bring theatre to the people. Yet, as JAIME LYE sees it, there are still many rough spots to iron out, one of them being the lack of
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    • 348 9  -  LISA LEE reviews At the Ballet as well as gives her opinion on the local ballet scene. LISA LEE IT WAS a night of great ambitions. And although local ballet has a long way still to go, the performances on the opening night
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    • 345 9  -  By JEFFREY TSANG THERE ARE no clear boundaries in jazz music, for it is any of several types of music originated by black Americans, usually with a strong beat and some free playing by each musician in the band. With this in mind, the Herbie
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    • 607 9  - Hollywood's Pied Piper spins his magic again By JAIME LYE SCENE: INDIA. 1935. The fiery depths of some cavern in which a cult of Kali worshippers, inspired by their evil high priest, carry out their dastardly acts of human sacrifice. Cut to where Indiana Jones, free at last from the
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    • 153 9 Letter to the Editor DEAR SIR As I sat through the Draughtsman's Contract the other night giggling away to myself as all around me were silent, I found myself wondering how many in the audience understood the film. Certainly it was difficult
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    • 343 9 (UifliMa IMAGINE a number of dancers bending, stretching and wearing out their ballet shoes as they move across the wooden floors of dance studios scattered all over Singapore. Dedication is written across their faces as they strive to push that turnout a little further
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  • Page 9 Advertisements
    • 279 9 -i' im<nw "IfrtWHW' mm*"* r |f iW W®' rumnflW-'W H'l fTTTT ttflf? IIM i m mmrr mrnm. FOR SALE BY AUCTION 8,391 sq m (90,320 sq ft) of freehold ft office space i 120 car parks For sale by auction on Thursday 28th June 1984 at 2.30pm Venue: The Gallery,
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  • Page 9 Miscellaneous
    • 638 9 CRYPTIC PUZZLE ACROSS 1 Like certain days in September, etc.(s) 6 Black thing, possibly (5) 9 Less close to father, we hear (7) 10 Operation that means hard work (5) 11 One way to desire a charmer (5) 12 joiners' nautical manuscript (5) 13 Contomer of latches (7) 15 Ate
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  • INTERNATIONAL STOCKS
    • 251 10 Reuter LONDON merchant bankers Kleinwort Benson is to take an initial stake of 5 per cent in stockbrokers Grieveson Grant and Co. It plans full merger when stock exchange rules permit, a joint statement said. Exchange rules currently limit an outsider's stake in
      Reuter  -  251 words
    • 243 10 Jww 23 -20 Mitsubishi 547 +8 1100 Mitsub Etoc Mitsub Estata 369 484 -1 •1 AHoT** 385 +6 Mitsub Haavy 225 •2 1050 20 Mitsui Asahi Cham Asahi Gloss Bark of Tokyo Bridgastona 533 699 460 548 •I 120 1170 -4 +8 unch +2 unch inch Mitsui Strutting Mitsukoshi
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    • 275 10 THE WALL STREET market finished its best week in three months with a small gain last Friday in heavy trading in spite of investor concerns about high interest rates. Stocks of regional telephone companies were involved in numerous megashare block trades in a
      275 words
    • 136 10 JUNE 22 C$ Hud Bay Min II 36* unch Abrtt* unch V* I3W ln» Prov Pipa 28 7 21 krrt UH 248 23W unch M K Intl hlcfcal K«rr Add 17H H Bel Td 30H Lobtow B 14* unch Mauty Farg 3* Mc BkxM 26 17 49 Conpoc 41H
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    • 201 10 JUNE 22 Rand Trust Bfc Un Staal 280 1208 5 INDUSTRIALS Unaac Woofwortti 555 1790 -To A Atpho Abarcom AE And O 920S 200 940 unch unch unch -10 •100 Angk» 2350 25 Amapcop AMIC *40 2900 Angfvool Bhfyoon ***** 1825 1r>cf\ 25 2320 -20 20 BuffaH 8100 200
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    • 682 10 JUNE 22 uss 52%. 28 H Alcoa 32* 4-* Lud 21 H Afc»d Cham Cp Akad Stora* 31* 42* 4-* 11 54* -V4 Am Broodcott 64 46* H 50* -Vfc 16* -14 28* Am Horn* Prod Am Motor* Cp Am Natiral Gat 54* 4* 28* 17* unch unch
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    • 875 10 Amsterdam JOHf 22 Fh ABN 314 50 7 Aegon ***** +1 Ahotd 173 50 +12 83 10 1 3 AMEV 149 00 0 5 Amtoi 58 90 +14 33 90 -0 1 Bok 84 00 +15 231 50 unch 30 50 0 4 Burtct 62 40 0 2
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    • 39 10 Reuter HUTCHISON China Trade Holdings, a wholly-owned subsidiary of Hutchison Whampoa, officially opened its Shanghai office at Jing Jiang Club last Friday. A team of Hutchison' Whampoa senior managers visited Shanghai Mayor Wang Daohan. Reuter
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  • Page 10 Advertisements
    • 458 10 iff N mm i Wlijere id wim, Sim «od easerfaia WtSilgl :-Ti,, The Summer Ralace m 1 r FINEST CANTONESE CUISINE FOR ALL OCCASIONS. THE ADVANTAGE 5 INTER- CONTINENTAL THE PAVILION INTER -CONTINENTAL PAVILION INTER* CONTINENTAL SINGAPORE 1 Cuscaden Road Singapore 1024 Tel 733 8888 lOttino there. Served Monday through
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    • 126 10 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 CR(*jwn WNCE HOTEL 270 Orchard Road Singapore
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  • INTERNATIONAL COMPANY NEWS
    • 260 11 Reuter SHARES of Fleet Holdings PLC closed at a new high of 196p a share last Friday, up from 188p at Thursday's close, as the market digested the news that Robert Holmes A Court's Bell Group of Australia had sold its 10.15
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    • 179 11 Reuter PERGAMON Press chairman Robert Maxwell said h}s purchase last Friday of 10.15 per cent of Fleet Holdings PLC from Mr Holmes A Court's Bell Group of Australia is a strategic long-term investment. He declined to comment as to whether Pergamon PTess would make, a
      Reuter  -  179 words
    • 183 11 Reuter TRAFALGAR House PLC said it plans to offer 77p per ordinary share for the remaining shares in Comben Group PLC after agreeing to buy a 47 per cent stake from Carlton Industries PLC. Trafalgar said it has agreed to acquire 27.08 million Comben
      Reuter  -  183 words
    • 74 11 Reuter NATIONAL Electronics Consolidated may make a public offering of about 25 per cent of its shares to raise about HKJIOO million, Jardine Fleming and Co said. A spokesman for Jardine, which would be sole underwriter, said a final decision will be based on market conditions
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    • 251 11 AP FORD Motor has announced the reorganisation of its Asia-Pacif-ic and Latin American automotive operations divisions. Ford chairman Phillip Caldwell last Friday said all operations of the number three US automaker outside North America and Em-ope would be grouped into Asia-Pacific and Latin American operations.
      AP  -  251 words
    • 691 11 NYT THE PROCESS of selecting John S Reed as the next chairman and chief executive of Citicorp, the world's largest banking organisation, began at least one-and-a-half years ago, when Walter B Wriston first recommended his successor, a director of the
      NYT  -  691 words
  • Page 11 Advertisements
    • 397 11 Wfrere to wiae, diae aM «t»i<rtaia (>r lunch. For dinner. F(>r a richly rewarding experience. Biisuu'ssincn's I iiiu h Suiul.K Brum h < J '(HI ]|l' I or reservations fall 7.'{7 X>77 A k<*3> ciMiin I *>Irk I<*i>iit i mli e V w w Singap®. CQWgHQgg 2nd Floor -1» 'stofleetm
      397 words
    • 216 11 m F®SSS*_.±._vINTERNRONM. PROf ONES? CENEte 3 Sherrton Way, #03-12, Shenton House Singapore 0106. Te1eph0ne:*****77 Thai Seafood Served I n True Siamese Si vie *3 v A LI 0 r 'i &4 k Thinking of food. Think Thai: Spicy Tomyum Soup, Charcoal-Grilled Seafood, Royal Thai Seafood and our other delectable Thai
      216 words

  • RAW MATERIALS
    • 799 12 COMMODITY DEALERS in London continued to express concern last week about US interest rates. The strength of the US dollar, with sterling falling to a record low against the US currency, did give limited support to certain markets but the undertone remained nervous. The strike
      799 words
    • 127 12 THE SINGAPORE produce market closed mixed last week on moderate trading volume. The white pepper market continued to be quiet and there was no keen buying Interest for the commodity. However, trading in the black pepper market was very firm. Overseas demand for black pepper
      127 words
    • 29 12 STRAITS TIN Dot# OoaiRf driest Turnover (M$/kflo) (towios) Juno 18 29 28 247 Juno 19 29.28 135 Juno 20 29.28 158 Jun« 21 29.28 150 Juno 22 29.30 137
      29 words
    • 145 12 Chilian Product vww v w wW Exchange (Saflari' mm datwg pncw m >wm 23. SS/lOOkfl) Coconut oil Wk FOB 240.00 OW drum FOB 253.00 I Now drum FOB 257.00 Copra Mix*d Ooom) 125.00 1 6uy«n Pepper il. 1 rvmnron WTUT# PAD k IK r A 1 EKI FOB
      145 words
    • 274 12 FUTURES closed an inactive session in hmtm on Friday with gains tram Thursday night of £12 to £3 per tonne although no business was done until the close. October traded then at £633 and £634, up £8 tram the previous offer. Turnover Was five IOtS ««Hinting two crosses. Dealers
      274 words
    • 79 12 WHEAT FUTURES closed 4V« to 2V4 cents a bushel lower In moderately light trade on the Chicago Board of Trade on Friday. Prices remained under pressure all session, pushed down early in initial sympathy with lower soycomplex and corn prices. Though the wheat stocks figure was viewed as neutral,
      79 words
    • 57 12 SOYBEAN FUTURES pasted losses ranging (ram the 30-cent limit In July to 14Vi -cents per bushel lower in January in volatile trade in Chicago on Friday. Old crop remained pressure from the start, spurred by a higher than expected June 1 stocks figure released late on Thursday. Continued weather
      57 words
    • 919 12 COFFEE Robusta futures closed £20 to £6 lower in quiet featureless two-way Jobber dealings on Friday. September finished at £2,160, £5 down, after holding a narrow £15 range. Turnover totalled 1,897 lots, Intruding 112 crossed trades and 24 options. SUGAR Number six raw sugar futures were hardly changed
      919 words
  • Page 12 Advertisements
    • 287 12 Singapore Nomura Merchant Banking limited is Moving... up As of today, Singapore Nomura Merchant Banking Limited (SNMB) has moved its offices to the 39th floor of the brand new Chartered Bank Building. The move will enable us to offer more sophisticated financial services and on-the-spot information to our valued customers
      287 words

  • MARKET REVIEWS
    • 5587 13  -  Kl It 1 Singapore M A By AMY CHEOK SHAREBROKING at the Singapore stock market must have been one of the dullest professions last week. Undoubtedly, technical indicators were bearish, spirits were low and the fundamentals left something to be desired. As a result, the
      5,587 words
    • 347 13 r Vf Australia m A SVB Day, Porter Co AUSTRALIAN share prices showed some signs of rallying during the week but the underlying tone of the market remained cautious. The All Ordinaries Index gained 6.3 points to end the week at 659.3. A forecast by
      SVB Day,; Porter & Co  -  347 words
    • 644 13  -  Week ended June 22 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Arob-Moloysian Development Bhd has changed the name of its wholly-owned subsidiary,Taiping Management Services Sdn Bhd to Arab-Malaysian Services Sdn Bhd Datuk Krishna Kumar Sharma has acquired a 9.94 per cent interest in Ambossodor Hotel Ltd,
      644 words
    • 1408 14  -  11 turpi London PI jini) By GERALD COLVERD AFTER all those protestations of keeping worldwide interest rate down by the seven-nation summit only three weeks' ago, the assembled owners of homeless currency have decided that rates in the US should be increased. The argument is that
      1,408 words
    • 263 14 1 p| Tokyo AFP SHARE prices withstood midweek losses and posted moderate gains on the Tokyo Stock Exchange last week, thanks to Wall Street rallies early in the week. The 225-stock Dow Jones Average, which suffered a hefty 329.20-yen loss the previous week, gained 81.69
      AFP  -  263 words
    • 341 14  -  1 L L x I Hongkong y By TERESA LIM, Hongkong Correspondent TRADING volumes were strikingly low last week on the Hongkong stock markets, a sign that the current bear trend may be bottoming out at last. Daily turnover averaged HK$Bl.B3 million, compared
      341 words
    • 599 14 Pi ■fj ew B= 4 UPI AFTER sinking to a 16-month low, the New York stock market rebounded last week with its biggest gain in three months in spite of interest rate rises. The trading pace was the heaviest in (our months as
      UPI  -  599 words
    • 243 14 F i ii n 4 BCI BUOYED by the results of the European elections held on June 17, trading on the Milan stock market improved and the BCI all-share index rose 6.4 per cent on the week, to 210.63. Industrial issues led the winners with
      BCI  -  243 words
    • 536 14 1 MM K.Lumpur 4 THE Kuala Lumpur stock market drifted through another predictably listless week, demonstrating once again its inability to break out from the current lean spell. Such has been the state of apathy among investors lately that even the creditable performance on
      536 words
    • 358 14 UBS WALL STREET'S rally in the early part of the week and increased demand from foreigners helped the Zurich stock market put on an improved performance last week. In spite of worries about interest rates, the share index, which reached a new low for the year
      UBS  -  358 words
    • 215 14 MALAYSIA Mining Corporation is looking forward to a healthier tin industry following the establishment of the Association of Tin Producing Countries (ATPC) late last year. The ATPC, which is committed to intensifying research and development activities to increase the usage of tin, will also
      215 words

  • Page 14 Advertisements
    • 92 14 i m W T Jim -pT. v wmmK- V% £$X M i- iiili at m i ASIAN INTERNATIONAL EXHIBITION OF FOOD BEVERAGE, FOOD PROCESSING V AND PACKAGING, HOTEL, RESTAURANT AND CATERING EQUIPMENT 22 25 Oct '84 Kuala Lumpur Hilton The food and hotel industries. Two booming industries with boundless potential
      92 words

  • COMPANY NEWS
    • 629 15 A HEFTY exchange gain had offset the ill-effects of tough trading conditions faced by the Jack Chia-MPH group in the year to March 31,1984. A 14 per cent improvement in group pre-tax profits to $9.7 million was achieved during the period against the previous year's
      629 words
    • 404 15 AS EXPECTED, the performance of Hotel Tai-Pan has been adversely affected by the slowdown in tourist arrivals and the increase in the supply of hotel rooms. For the year to March 31 1964, Tai-Pan's group operating profit before tax was more than halved to $1.81 million. Tai-Pan,
      404 words
    • 309 15 Bernama TAMCO Cutler-Hammer Sdn Bhd, Malaysia's largest manufacturer and exporter of power control and distribution equipment, will restructure its equity holdings before the end of this year. Its director, Mr Alfred M Rankin Jr| who visited Malaysia for a Tamco board meeting
      Bernama  -  309 words
    • LATEST RESULTS
      • 64 15 has an- nounced a marginal rise in group pre-tax profits to MJ3.78 million in the year ended March 31, 1984, against ».74 million last year. Net earnings per share fell to 8.2 cents (8.5 cents previously). An unchanged first and final dividend of 8 per
        64 words
      • 63 15 has reported a slightly higher group pre-tax profits of M 530.72 million for the firt-half to March 31, 1984, compared with the previous interim's $29.5 million. Net earnings per share dipped to 12.7 cents from 13.7 cents previously. An interim dividend of 8 per cent less tax
        63 words
    • 208 15 Bernama SIME DARBY has taken a major leap into agricultural business in the Philippines by acquiring 40 per cent of the Philippine Cocoa Estates Corporation (PCEC). PCEC has under lease 640 plantable hectares in the southern Philippines of which
      Bernama  -  208 words
    • 158 15 Bernama LAMP manufacturer, Unilite Electrical Industries Bhd (UEI) has announced that the Capital Issues Committee has approved the proposal for the conversion of Unilite's secured loans together with accured interest into new Unilite shares of MH each on the basis of one new Unilite share
      Bernama  -  158 words
    • 61 15 D C Properties in M$23m loan Bernama D&C PROPERTIES Sdn Bhd, a fully-owned subsidiary of Development and Commercial Bank has signed a loan agreement for Ms 23 million with a group of six merchant banks. The chairman and chief executive of D&C Bank, Tun Sir H S Lee, said the
      Bernama  -  61 words
    • 464 15  -  By NAJEEB JARHOM MALAYAN Breweries Ltd looks all set to turn in a recordbreaking performance this year. Group pre-tax profits are slated to reach $60 million or more for the 12 months to Sep 30, 1984. This optimism is based on the strong
      464 words
    • 393 15 NEW Hibernia Securities Sdn Bhd is sharing control of George Town Holdings Bhd with a new bumiputra group called Super Holdings Sdn Bhd. New Hibernia has proposed to sell 130,000 shares or 26 per cent of George Town to Super Holdings (M) for
      393 words
    • 933 15 Current Ex date Books doM Dote poyoblo Total for the yeor Total tor A B N Acmo Apollo Asiatic D«v B Semboworvg 13% 7Vi %(b) 2V*% 3V*% 35%(t) May 3 June 20 June 6 April 5 July 12 NYA June 27 June 13 April 17 July 19 NYA
      933 words
    • COMPANY BRIEFS
      • 49 15 TRADING in the shares of Allied Chocolate Industries Ltd will resume today. Meanwhile, the unconditional cash offer of $2.10 per share by Phina Investments Pte Ltd for all the issued share capital of Allied Chocolate Industries Ltd not already owned by Phina will close on July 23.
        49 words
      • 68 15 MALAYAN Cement Bhd has obtained the approval from the Capital Issues Committee for its one-for-one bonus issue and the sub-division of its shares to 50 cents each. But the terms of the special issue had been revised by the company to 4.45 million shares of par value 50
        68 words
      • 23 15 SHAREHOLDERS of Esso Malaysia Bhd have approved the resolution to delete Article 140 from the company's New I Articles of Association.
        23 words
  • Page 15 Advertisements
    • 205 15 MITRA KENCHANA (PTE) UMITEO (incorporated in the Republic of Singapore) On Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 272 of the Companies Act Cap 185 the Final Meeting of members of the Company will be held on Friday. 3rd August, 1984 at 11.00
      205 words
    • 168 15 NOTICE U*****,000,000 Floating Rate Notes Due 1989 BANQUE NATIONALE DE PARIS In accordance with the provisions of the notes, notice is hereby given that for the interest period from 25th June 1984 to 27th December 1984 the notes will carry a rate of interest of 12 7 per annum 25
      168 words

  • 476 16  -  By BOEY KIT YIN THEY HAVE been used in times of wars, floods and fires. Men have resorted to them for warmth, protection, delivery of goods and even play. But gunny sacks are now considered the "hasbeens" .in the world of packaging ever since
    476 words
  • 135 16 Bernama THE PRESENT MCA internal crisis is a plot that had been hatched for some time by dissidents to rock the boat, acting party president Datuk Dr Neo Yee Pan said yesterday. Speaking at the MCA 35th anniversary celebrations in Kuala Lumpur, he said the dissidents had
    Bernama  -  135 words
  • 272 16  -  By LISA LEE TANGLIN Road in the Roaring Twenties? Not quite. Actually, it was only yesterday when these cars chugged down Orchard Road forming a convoy that raised eyebrows among Sunday shoppers. These vintage cars were part of the 1984 Charity
    272 words
  • 343 16  -  By FLORENCE CHONG CHARGES ALLEGING breach of Australia's takeover laws against a company involving Singaporean millionaire Tan Sri Khoo Teck Puat were dismissed late last week. Tan Sri Khoo was alleged to have used the company, Savona Pty Ltd as a shelf company
    343 words
  • 162 16 Reuter LATIN America's biggest debtors, after agreeing not to form a club, are pressing for fresh talks with Western creditors to ease the region's repayment problems. The prospect of debt moratoria seemed to have faded after the meeting in Cartagena, Colombia, last week of
    Reuter  -  162 words
  • 554 16  -  By CHUANG PECK MING HANDS AND LEGS made in Singapore are reaching out for clients in South-east Asia. A local company, barely three months old, is eyeing the region as a market for its products ranging from artificial limbs to artificial breasts and hearing
    554 words
  • 81 16 THE MINISTRY of Education is studying the possibility of including the teaching of national and current affairs issues in the school curriculum, the Singapore Broadcasting Corporation said in its news bulletin last evening. SBC quoted the Permanent Secretary (Education), Mr Goh Kim Leong, as saying that the
    81 words
  • 342 16 AFP MALAYSIAN Foreign Minister Tan Sri Ghazali Shafie and Finance Minister Tengku Razaleigh Hamzah are among four senior ministers expected to be dropped by Prime Minister Dr Mahathir Mohamad in a major cabinet reshuffle next month, it was reliably learned
    AFP  -  342 words
  • LATE FILE
    • 55 16 Reuter INDIAN paratroopers drove off a Pakistani military expedition during a recent battle in the disputed state of Kashmir which claimed heavy casualties, an Indian newspaper reported yesterday. li»e report said the fighting took place near the Karakoram Highway, a road built with Chinese help
      Reuter  -  55 words
    • 53 16 AFP ASSAM authorities tightened security in the state yesterday and began rounding up activists as antiimmigrant protestors prepared for a road and rail blockade called for today. The state government is anticipating violence during the 24-hour protest that starts today but has neverthless taken it as
      AFP  -  53 words
    • 64 16 AFP LEADERS from the 10 EEC countries are due to meet in Paris today in the third attempt in six months to avert looming technical bankruptcy, amid signs that compromise may be reached on the British budget problem. The French, German and British leaders have
      AFP  -  64 words
    • 43 16 AFP JAPAN'S Defence Agency will ask for an 8-per cent increase in defence spending for fiscal 1965, agency officials said yesterday. The government allocated U5512.34 billion for national defence for the current fiscal year, ending March next year. AFP
      AFP  -  43 words
    • 46 16 AP MILITARY chiefs from six Gulf nations held secret deliberations in Saudi Arabia yesterday to work out a combined strategy against attacks on Gulf shipping, while Iraq said its warplanes hit "four big naval targets" south of Iran's Kharg Island oil terminals.
      AP  -  46 words
    • 41 16 AP THOUSANDS of people began marching through the streets of Paris yesterday in what was to be a day-long demonstration to protest a new law adopted by the National Assembly reforming the country's private school system. AP
      AP  -  41 words
  • Page 16 Advertisements
    • 93 16 Call Britannia for professional investment advice 16 Raffles Quay, #33-07 Hong Leong Building, Singapore 0104. Telephone: *****86. SUNDAY NNHS MAIN AT LEBERNARDIN Due to an overwhelming demand by our customers, we are now re-opening our Goldhill Restaurant on j Sundays* for dinner only (7p.m. to 11p.m.) BFRNAKDIN And things haven't
      93 words
    • 138 16 How you can benefit from Bayerische Landesbank's presence in A Singapore f Bayerische Landesbank is headquartered in Bavaria, a leading federal state of West Germany with a long tradition in cross-border trade and finance. Over the years we have constantly V upgraded and refined our international banking capabilities, building a
      138 words
    • 3 16 8m Page 1
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  • Page 16 Miscellaneous
    • 57 16 WMim Outlook for todoy: Partly throughout. Showers over several areas in the late morning and Report for 24 hours prior to 7.30pm on June 24 at the airport: Maximum temperature 28.9 Associated humidity 70 Minimum temperature 23.0 Associated humidity 96 Hours of sunshine 0.00 Rainfall in millimetres 5.6 Rainfall this
      57 words

  • SHIPPING TIMES
    • 172 17 THE United States Federal Maritime Commission may soan have to redraw the wcfld's maps if the commission's Bureau of Hearing Counsel has its way. In a report to the commission, the bureau said Alaska should not be part of., the traditional California-Oregon-Washing-ton port range. It
      172 words
    • 172 17 Reuter THE FAR Eastern Freight Conference and Associated Conferences said some currency adjustment factors will be changed, effective July 1, in a quarterly review based on average exchange rates on June 5 to 16 inclusive. The new CAF from the UK/Eire will be plus 3.21 per cent
      Reuter  -  172 words
    • 528 17  -  By LINDA CHEE KOREAN Shipping Corporation is venturing alone in the Pacific north-west trade with an eight-day service starting in July. Opting out of the Tripartite Agreement, it is to start an extensive US west coast service offering both micro-bridge and minilandbridge services
      528 words
    • PORTSIDES
      • 101 17 AFP SAUDI ARABIAN interests have bought one of the world's biggest oil tankers, the 491,120-ton Nanny, for use outside the Gulf as a floating storage tank, the London insurance journal Lloyd's List reported. The interests, which were not identified, were believed to have paid US$l5 million for
        AFP  -  101 words
    • 711 17 Shipping Um Col thllllilll ii 1 1 snipping l ina NQi Col Aba* Trontport X 1 Fatco VI 4/5 Afao VI 3 Fm-Lmt VI Ahrankwi Unar VI 5 FMG-CAVN VI AC Toaptaf X s Front o-6a4g 4/5 A*xx VI s Froto Shpg VI 2 Antoro Shpg IV
      711 words
    • 1402 18 Lloyd's Shipping Economist THE ROLL-ON/roll-off method of cargo-handling has a relatively short history. Nevertheless, over the past 20 years the design of vessels employing this technique has evolved rapidly according to the principles of maximum speed in cargo handling, the ability to handle a
      Lloyd's Shipping Economist  -  1,402 words
    • 1730 18 INCREASED chartering to cover sugar cargoes was the highlight of an otherwise extremely quiet and rather featureless freight market on Thursday, shipbrokers said. Sugar from Queensland to Prai received U5517.75 against $17 previously, while a steady £13.90 was agreed from Mauritius to London and £13 from Maputo to
      1,730 words
    • 236 18 Reuter CONSTRUCTION of a AJIOO million grain shipment terminal at Port Kembla in New South Wales is in doubt because grain producers want road as well as rail handling facilities, industry sources said. The State Rail Authority (SRA) has made it clear it does
      Reuter  -  236 words
    • 150 18 Reuter FOREIGN shipbuilding orders received by Japanese shipyards in May rose to 21 ships totalling 538,020 gross tons from 18 vessels of 335,200 tons in April compared with 51 ships totalling 964,600 tons in May 1983, the Japan Ship Exporters Association said in a statement.
      Reuter  -  150 words
    • 426 18 The sale of two ultra large crude carriers and three very large crude carriers highlighted the secondhand tonnage market last week, second-hand ship brokers said. Hie Naaay, turbine tanker of 491,120 long dwt and built 1978, was sold to Greek buyers for about US$l5 million, they said, while
      426 words
    • 61 18 AP PATHOLOGISTS have identified 29 bodies recovered from the G3am*r Jmvm Sea, which sank in the South China Sea last October. The 5,926-ton chip, with a crew of 81 sank on Oct 26 in the Gulf of Tonkin near Vietnam. Hongkong poUce spokesman said 29 bodies were
      AP  -  61 words
    • 232 19 JAPAN has completed a precision study of the Mariana Trench which it hopes would end disputes over the exact depth of the world's deepest sea. The Maritime Safety Agency said the Japanese survey ship, Takuyo Maru, last February located a two-kilometre stretch of ocean floor
      232 words
    • 403 19 Lloyd's List MAJOR FLAWS in the global marine policing system have been uncovered by the International Maritime Bureau (1MB). In a new report, the bureau claims there are "distinct shortcomings in marine policing, especially in respect of regional and international co-opera-tion." One of
      Lloyd's List  -  403 words
    • 151 19 AFP THE NUMBER of tankers chartered to take oil from Gulf ports, including Iran's Kharg Taianrf terminal, has increased in recent days, according to sources at the Baltic Exchange, the London charter market. Oil traders said importers appear to be taking advantage of the
      AFP  -  151 words
    • 191 19 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (3TRAIT3/ AUSTRALIA): Australian National Line. Australia/Straits Container
      191 words
    • 148 19 OFFSHORE mobile exploratory drilling rig utilisation rates are making impressive gains since reaching an all-time low last summer. The increase in number of units working is mostly due to oil companies increasing drilling in the Gulf of Mexico. The Gulf of Mexico, along
      148 words
    • 118 19 Reuter AUSTRALIAN authorities are to prosecute the master of an Argentine container ship which tried to leave Sydney harbour despite a union ban on its departure. The Australian Maritime Services Board said it had decided to lay charges against Captain Jorge Regalini for alleged breaches of pilotage,
      Reuter  -  118 words
    • 4670 24 3®aBGX!EB 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
      4,670 words
    • 668 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location G Mountain 32W 25.684 2300 Star Shpg TA 3 0900-1100 S3 Pelopor 89 25.684 2300 Boustead TA 3 0900-1100 B2 Laust Maersk 8405 25.684 2330
      668 words
    • 1724 25 The leading shipping lines operating from local ports and their agents. A-B AFT A African Shipping Agencies (St \fr*-F.araaia Liar Transtjroup (St AhreaktH Liaer Service Kim Shpg (S) AIM C TWfIW Ooeanus Shipping Agency (S) Marintex Enterprise (PK). AI par Intrasea (S> BinUng Shpg (KL) Island
      1,724 words
    • 313 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Equator III 22 T Soon alongside 25.6.84/0700 Hel 13/4 Balfes alongside 25.6.84/2000 Honglam 06 31/2 NAPL alongside 25.6.84/2300 Iweri 20W Pelni alongside 25.6.84/0600 Ned Bahrain 44 Ned-EAC alongside 25.6.84/0600 Onwo 3/4 Y Fung alongside 25.6.84/0600 San Luis
      313 words
  • Page 17 Advertisements
    • 424 17 TIMES I Business Directory I of Sin#)|M>rc (BUKII MKRAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE -lAHDIXF. A XT AH U OOCL I Orient Overseas ContaiMe* Line FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ CHWA CONTAMER 2i* cwvim ros m A oAJtfCT m MAETERIMCK m KOBE AM CHANCE ll*
      424 words
    • 352 17 iSEALOKI)' UASC UNITED ARAB SHIPPING CO SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE FROM JAPAN TAIWAN lIOM.kOM AL MMMKH V I* HMMWMH 7* M. MQM M.SO CAIIMG HA6OYA +HMATA •«m >ua Km MU we 1J 17/t 20/S
      352 words
    • 28 17 UMIIDS LONDON Freights 11/11 l SHIP Sales II CONSORTIA 111 SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Weather X
      28 words
    • 706 17 imu* twwix tm [FULLY CONTAINERISED SERVICE FAR EAST/EUROPE v n ro CMM CONTMO«» m »/t mmffim/mn n v FROM ROM Ml CHMCt 17C 27/« IM/DO/FI/M/M/IT *I«*J CMNHMRIK CO (fIE) ITO IE ***** M W (P€T) T* 7230 M Pof won dttwlt rmtmr pag« IV MAERSK LINE EXPORT FASTEST SERVICE TO
      706 words

  • Page 18 Advertisements
    • 240 18 H FAR EAST/EUROPE CONTAINER SERVICE To Europe. From Europe Span Ik* Acceptoi| F* 1) Barcelona. Genoa. 2) Amjtefdam. Antwerp. L Hawe. Bash, UK. 3) Bremen Brtmerhjvtfv Aarftus. Copcntiufn. Hetsmfci 4) ttaimo. Stockholm. Oslo. •*cceptinf Europe carp tor feeder na S pore **ho direct carpi tor Spore t Bangkok Ph contact
      240 words
    • 340 18 USA/CANADA MIDDLE EAST YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Pacific South Wnt Pacific North Waat Atlantic/Canada Foodar at Tokyo FaodaratKoba FaodaratKoba 5?Z m SSi 225LT s*' aN»ia Nnm tar UM nn nn mm a nn nn v« naao a v% nn ramam a vn nn a vrr a in t/i 11/1 n
      340 words

  • Page 19 Advertisements
    • 921 19 The Straits Steamship Group QCL Overseas Containers Limited ICONTAINfRSHIP SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Forts and Bangkok LvU BANGKOK AGENTS: BORNEO AGENCCS LTD. BANGKOK TEL: *****80 ALSO ACCEPTING CARGO FOR: Hurtwt :t. Cepef*a t en. Mm. Goftwbwr StoCkMn. HM totlwtn :I* Antwerp. hmtmim, OM CONTAINERSHIP
      921 words
    • 487 19 Franco Belgian Services STOK P ttUK l« taw* IMb fUtm Hm ftoim tat OH CONTMO 29 tai M tai II M 19 M 21 M 23 M 24 M MM KQKM CMBKX QTMIOIOa SM CM 24 M 25 M 27 M 29 M MM IMI IMMU Mi Ctrvu 11M 12
      487 words

  • Page 20 Advertisements
    • 651 20 EXPORTS I S pare P Kelant Peng lenses Hio BARttR TSU 27/6 29/6 2/7 17/7 Genoa H'bur| Rd*n Blu»tn Antwerp 24/7 31/7 2/1 Hongkong Eipress C arifcfan Bay Kasuga Mara Frjr*(urt Eipress j Connecting in Tokyo Connecting in Kobe "Also accepting cargo tor ATLANTIC GULF PORTS via rrnndondbridge, and US
      651 words
    • 433 20 K.S.line E FULLY CONTAINERISED SERVICE io*(* l»>" JOOPMS '.<l* J TO EUROPf Vl* SUEZ Member of the Ace Coroortum FROM EUROPE Vl* SUEZ A Memoef ot the Ace Comwtun ~m 233? run Tokyo 5/7 12/7 HKonj 1/7 4/7 13/7 27/7 P K(Un( 76/6 29 6 1/7 22/7 7/7 10/7 17
      433 words
    • 484 20 r© EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE acceptrc, fci 11ci cargofor SGP PKL «C HI ROM MM) LHV Em Glob* 76/06 ?t K 17/17 11/07 71/07 77/17 24/07 Em Gu«t 67/17 07/17 71/07 30/07 01/00 07/00 04 01 Em Gtori It 07 17/07 07/01 09 01 11/00 17/00 14/00 aiso
      484 words
    • 906 20 KIE GWAN SHIPPING (M) SDN. BHD. No 26 A JALAN KRANGAN PORT KELANG SCLANGOR MALAYSIA TEL: Nov 3M752. *****5. *****2 *****4 *****? *****7 W MALAYSIA/S PORE TO E. MALAYSIA SERVICES: P KIANG S POtt SAIU RKblu S kan. Tawau kipt/26 June 27/29 June tKITA Kuchmg KKblu (nPt/30 June 1/3 July
      906 words
    • 189 20 US I NOSE u MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Seaport Loadinf for 26/8 8 Abbas. B Khomon SINOSf MARITINK PTE LTD TCI *****44 7 I *****70 MALOSf MARtm SOU BHD Te4 *****2 3 MALAYSIA TRADE I TRANSPORT LTD Tel 67W3 ***** KYOWA LINE TO
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  • Page 21 Advertisements
    • 778 21 PIL GROUP VESSEL KOTA SEJATI KOTA SALAM KOTA SEGAR KOTA WISATA KOTA MEQAH VOYAGE E-509 E-511 E-513 E-SIS E-517 SINGAPORE 4-7/7 IS-21/7 10-14/7 J-5/1 10-15/8 LOADING FOR: MODE 10AH, JEDOAH, AOABA ADEN. HOOEIDAH, JEDOAH, AOABA, PTSUDAN TAMATAVE. MAPUTO. D'SALAAM, MOMBASA. MOGADISCIO ADEN. HOOEIDAH. JEDOAH, AOABA HOOEIDAH, JEDOAH. AOABA. PTSUDAN. MOMBASA.
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    • 894 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE EUROPE STRUTS AM eWKMDWHtm UK PKEIMCSTOK FOR ■did Sadtd Sadtd Sadtd Sadtd 21/1 30 t HRG TNN ■M Sadtd Sadtd Sadtd SAd 7/7 9/7 «G TUN Mtd Sadtd Sadtd Sadtd Sadtd 10'7 BU TK KB WM 22/1 14/7 IS/7 HRG TNN rf»d
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    • 642 21 MAIAPAHH V 1106/11HB GOWK VlO-06 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service Full Container Vessel Bui4o Toko Kobe Kao- Spore TfPriok hama dwv 11/6 20/6 21/6 24/6 5/7 7/7 11/7 14/7 16/7 20/7 26/7 27/7 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STOK P.KELANGRDAM/ TUURY/ HTftJRG ANTYKW ADAM LONDON BREMEN
      642 words
    • 499 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Htoneywa Vl9l 3/5 July Poon V 73 11/14 July Pinyo 15/18 July P.Kelaog Penong 26/27 June \> BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/COWT SPORE R'DAM HULL HMBG CLYDEBANK 11 July 5 Aug 12 Aug 8
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  • Page 22 Advertisements
    • 898 22 r»\ KAWASAKI KISEN KAISHA. LTD.. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND via IPI MK'ROBRIIMiK ft MINILAND BRIDGE) ATLANTIC COAST FEEDER MOTHER VESSEL FKLG (OHORE BUDGE V 32 YASMMA MARU V4B 25 iun KANSAI PIONEER V 35 YASHMA MARU V4B 2 Jul ASIA STAR V 25 N. J MARU V
      898 words
    • 365 22 nsniimcEma Accepting Braakbulk and containerised cargo** Diroct t South Africa ~~~~Richards S pat Durttan Baj CT»wi U# Maprfo pa? Contamw t Breakbolk S A VAN on STEL VII3A PCD COLOMBO W 601 IF OSAKA MAM V SllfiF HAYAKANA MAJtU V5114G S A. MOHGENSTER VOB3Q S A VAAL. W9I3G 19 n
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    • 715 22 /X CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loiOnj t« IOS ANGEIFS SAD FRANCISCO SEAtTIE. IACOMA VANCOUVER BC Acceptmg FCI FCI Contameri f S.njapoff I Angem WSStI 74 M» 75/7% Mr 21 AUSTRALIA EXPRESS CONTAINER SERVICE Acceptng FCI FCI Cantamn 'Mm Kcepbng tram Pketang tor hick Nd Irtt Spa* kM
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    • 605 22 SANKD ASIA FROM JAPANESE PORTS AND HONGKONG m GOLDEN LINE CHAN WAN SWPMNC (PTE)LTD >■«! I«| Frame* Mi BMt M Ctd Sml WIHK 0104 Id HH7W (10 IKS) T« ««U lav* mil t >mjx( ami Pmnf XMH STRAITS/PERSIAN GULF SERVICE S folt p Pfrung GaOIN StASON Colombo Mn*»t>oos Dub* B*
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    • 603 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa Pia/a Singapore 0207 Tel *****1 1 ilO Lmesi BREAKBULK SERVICE TO EUROPE/UK FORT NELSON 88M907 S pore P Kcianf loadnj tar> 9/7 SfTE/HOTT/Vn/U*. ALPAC LINE NVTI AFRICA ALPAC ASIA 165N6 Pa P Kelang Loadnj tar: Durban, Tamitave/ SEAWOOD SHIPPING CORPORATION P
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  • Page 23 Advertisements
    • 520 23 TO EUROPE/UK (VIA SUEZ): C CONTMNER 26N+ C RO2E 39 N N CRYSTAL IN MAETERLMCK 2W K CHANCE ISW K JACEJM 25N Also accepting cargo to/from Scandinavia C CONTAINER S'pore Closing Times: FCL Cargo 1400 28/6 La Cargo 0200 28/6 FROM EUROPE (VIA SUEZ) K CHANCE 17E TWBRDGE2OC K JACEJM
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    • 454 23 Mi i Oanjm «04N No L«tu> 40JS No 9 Datum 40 3N Mi i Datum 40bN do I Dawn 4MN 1/7 11/7 15/7 6/7 11/ 7 11/7 14/7 15/7 *1/7 MSCHMGMG OMIT 6/1 3/1 C/l 11/S 12/1 M/l Wo 7 Own 4fl?H bmn W»« T M/i/M Fn o*o 1700 Mud
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    • 779 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SHSOV BUR.OM6 55, Market Street Srjapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SHSOV SINGAPORE Tetei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWMT IMH SOON SON. BHD IST AND 2ND FLOOR. NO 1, JAIAN CEMPENMG POST KLANG. MALAYSIA
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    • 85 23 ahrenkiel liner service gmbh DURBAN JOHANNESBURG. MAPUTO MAURITIUS REUNION EAST MALAYSIA SMPPMC ENT. (PTE) LTD 414 AMOY STKET, STOUE OIOC. TEL: *****11 (4 LIES) TELEX NO EWES H*****9 SW6APORE TO SARAWAK t BRUNEI vessel voy eta etd SMLKU 11 MM 3 W 4 k LUCONA 10 LABUAA/K. BELAIT 28 km
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  • Page 24 Advertisements
    • 589 24 ICc«|iiHtal I jintsiiiivr Lilies^ L J ffVnMi'll Sailings Weekly i*| t!Vi7 iT* Reliable Regular Punctual Berthing P.S.A. 1500 Hrs. Tuea, Thurs Sat REGULAR FEEDER VOV SM *****2 SM SERVICE TO PHUKET/SONGXLA SKI* BKK MtT SKLA m pi/30 RAT AM BHUH RATMU BHUM 249/250 3/4 M 7/8 M 113/114 10/11 M
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  • Page 25 Advertisements
    • 92 25 UTOMO MARINE PTE LTD PUTRA INDAH 25/6 26/6 111 NORTH BRIDGE RD. #07-20 PENINSULA PLAZA S'PORE 0617 TEL: *****64,*****64 Cmftfm Cm* IUHm s LICORNE S)H6Apq(t Ta 220* -CONTAINER SERVICE TO BANGLA-OESH/INDIA/SRI LANKA/PAKISTAN SCAUON SMPfWe (S) PTE LTD. SALES/BOOKMGS Ta *****11 (I (JCS) HALDIA(CAICUTTA) COLOMBO BOWAT J/jF Seawinds DIRECT FULL CONTAINER
      92 words
    • 671 25 MADJU SDN BHD REGULAR MEEKLY SERVICES TO FROM BEL A NAN vessel MV BRASTA6I M M DELMA 121 101 CfCIl SIBKi j?0 1? TONC FNG BtOG SPO«t 010^ HI *****8 (b UNfSt P.T. WASESA LINE JAKARTA CTA no LOMMC FOB 2tM» aiw Murto 4My tMy P^UUa« iMr 11 My Murta
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  • Page 26 Advertisements
    • 132 26 SERIA MARKETING NAVIGATIONAL (S) PTE LTD Vessel ETA ETD Destination YTK S PORE 7 22/6 25/6 P. Kelong/Muoro For booking pteose contact: Ab#x Transport A Shipping Agency SI. lata* Srtan -02 35, Wan Mai Cwtrt Snfjport 071) Tt» *****02/3 Tatar K ***** MCX Part Kctanf Uripaofic Tat: 3M9U/3KI7M PANALPMA Singapore
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    • 132 26 M BALTIC ENTERPRISES (PTE) LTD SHF NTON WAY "04 .'.J l( R "l DC, SP< )Rf 01 Of, IF! ??1 789'.' TFL E > RS .13 7#iS BAt Tlf <ARIF ADDRFSS RAI TKSH'P eta PAMAMAN 30 km MAGA XL (M 1974) 30 June SEMNUNG (BH 1974). 27 km A VESSEL
      132 words
    • 591 26 'JK/CONTINENT x/«. 3/7. CANAO A/USA NEW ZEALAND FAR EAST 26/6. »/< 36/6. 4/7. 6/7. J/7 n/». 26/6. u/7 STDKT KIBOURK MJELADE MSMK. FREMAHTLE u a ran. SCAWHAMA IE HAR* ANINERP ROTTERDAM BRFMN HAABURG *ii ma km ports NEST I EAST CMS! t GULF MJCXIMC NELLMGTON LTTTILTOH MHI HONG KONG BANGAOA
      591 words
    • 535 26 Everett Lines I COMPANIA PERUANA DE VAPOREES (C.P.V.) '•PERUVIAN STATE LINE" load** toi Call*) ko and ak othr Peruvian ports wtti transNpmtnt *1 Honfhonf and or Koto On CPV Ihrougti Mi ot lading to imai destination HANOI OEVERETT JOHNVERETT MURRATEVERETT Ptivanf P KcUnf Smfjpore r 2/4 My 5/8 My 9/11
      535 words
    • 571 26 ZIM NON-CONFERENCE NXPEMXNT FUU. CONTMO SERVICE aiiNil* FCLACL ctftoti to USA East ft Nest Coast. team. Cantoean aad Eatt Can* M» EILAT CONTAINER LINE Spare Oat Inert* lapo Mac* 'Vim fIMSYDKT TOkai IN lIN UN 12 M 17 M m SSCAPORE iU ISM M 21 M 77 M 1 A*
      571 words
  • Page 26 Miscellaneous
    • 188 26 Regional Weather f 0 4 r A i 'M ft N IV M CA X 1.1 to K t 0 > »1 is i^s r^Ti i 1k 3 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. </* Wind direction with speed in knots Wave height LEGEND: R Thunderstorm
      188 words